NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Two Crypto Tokens Beat Bitcoin in Q1 after Jointly Surging 450%

Yashu Gola
Yashu Gola
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange.

While bitcoin did not behave like a safe-haven in times of extreme market stress, two underdog tokens emerged as winners. They not only surpassed the top cryptocurrency but outsmarted the global market, including stocks, currencies, and commodities, by returning a combined 450 percent gains to their investors.

Crypto Tokens Beat Coronavirus Fears

Streamr, a data-sharing startup, saw the price of its blockchain’s native token DATA exploding by 211 percent in the first quarter. The DATA-to-dollar exchange rate opened the three-month period at approx $0.0137 but closed it at a high of $0.043. At its quarterly top, the pair was trading at $0.049.

data, steamr, cryptocurrency, crypto, datausd
DATA/USD rate surged by over 200 percent despite Coronavirus crisis | Source: TradingView.com, Binance

DATA also performed exceptionally well against Bitcoin. Its rate against the benchmark cryptocurrency surged by circa 250 percent – from 191 sats to 680 sats – in the first quarter.

The same timeframe saw NMR delivering humongous gains in both the dollar- and bitcoin-enabled markets. The blockchain-based hedge fund crypto closed Q1 at $16.19, up 157 percent from its January 1’s opening rate. Against bitcoin, NMR surged by 196 percent, rising from 87,735 sats to 252,221 sats.

NMR, bitcoin, cryptocurrency, crypto
NMR/BTC beats market odds to deliver a spectacular 183 percent return in Q1 | Source: TradingView.com, Binance

The gains, nevertheless, accompanied meager daily volumes, suggesting that only a limited number of traders supported the said bull runs. The market caps of both NMR and DATA were also less compared to bitcoin, standing at just $41 million and $31.7 million at their quarterly tops.

Market Fundamentals

Despite its lackluster metrics, both NMR and DATA gained momentum owing to strong fundamentals. Data aggregator platform Messari wrote in one of its daily feeds that both the projects were in the middle of major product releases, stating that such events typically have a positive impact on the prices.

“Streamr,” the feed read, “is close to releasing the first stable version of its product, a decentralized marketplace for data streams. “Numerai, the project behind the asset Numeraire, launched its long-awaited marketplace for information, called Erasure Bay, on March 10.”

The Streamr Milestone 2 Trello board is now live. See the next steps for the #StreamrNetwork, tokenomics, Marketplace, and Core app. https://t.co/FBRHtcx4LL pic.twitter.com/4xjmViTzEx

— Streamr Network (@streamr) March 25, 2020

The feed added that Numeraire is an illiquid token, noting its real 24 volume to be just around $200,000 at the time of publication.

“Therefore, modest market movements can have an outsized impact on price, at least compared to most large and mid-cap crypto assets,” it clarified.

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Nová kryptoměna poháněná umělou inteligencí zahajuje třetí fázi ICO po vybrání 2 milionů dolarů – dokáže překonat DOGE nebo ADA?

Unilabs Finance přitahuje pozornost díky jedinečné platformě pro správu aktiv v DeFi, kterou podporuje umělá inteligence. Mezitím se Dogecoin chystá...

Doležal Pavel 59 minutes ago
Új MI Érme 2M Dollárt Gyűjtött, Belép az ICO 3. Szakaszába Túlszárnyalhatja a DOGE-ot, ADA-t

Új MI Érme 2M Dollárt Gyűjtött, Belép az ICO 3. Szakaszába: Túlszárnyalhatja a DOGE-ot, ADA-t?

A Unilabs egyedülálló, mesterséges intelligencia (MI) alapú DeFi vagyonkezelő platformja nagy előértékesítési keresletet generál. Eközben a Dogecoin visszapattanásra készül, miközben...

Kovács Bálint 1 hour ago

Nová AI minca vstupuje do 3. fázy ICO po získaní 2 miliónov dolárov; Prekoná DOGE či ADA?

Napriek odvážnym predpovediam pre Dogecoin a prudkému rastu ceny Cardano sa pozornosť obracia na Solaxy. Tento revolučný DeFi projekt, poháňaný...

Kováč Martin 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Новата AI валута навлиза в 3‑тия етап на ICO-то, след като достигна събрани средства от 2 милиона долара – ще засенчи ли DOGE и ADA?

Новата AI валута навлиза в 3‑тия етап на ICO-то, след като достигна събрани средства от 2 милиона долара – ще засенчи ли DOGE и ADA?

Georgi Petrov 3 minutes ago
비트코인 심리 지수 폭등… 비트코인 하이퍼(HYPER) 프리세일까지 ‘대세 진입’ 신호?

비트코인 심리 지수 폭등… 비트코인 하이퍼(HYPER) 프리세일까지 ‘대세 진입’ 신호?

Soyeon Lee 18 minutes ago
bitcoin price news

Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000

Jake Simmons 45 minutes ago

Premium Sponsors

Top Brands

Press Releases

  • なぜSnorterは過小評価されているプレセールなのか?

    Dự đoán giá Pepe: Meme coin tiềm năng sẽ vượt...

    4 hours ago
  • BTCBULL

    Liệu Pi Crypto đã hết thời? Phân tích giá PI hé...

    4 hours ago
  • Best -altcoins

    Coinbase niêm yết alt coin mới: Đừng bỏ lỡ cơ...

    4 hours ago
  • Bitcoin price trend is strong, start Dogecoin mining...

    6 hours ago
  • 仮想通貨プレセール:Solana対応のトレーディングボットが60万ドルを調達、今買うべきミームコインか?

    ...

    9 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.