Crypto Daily Report – August 13
Aug 13, 2021
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Analysis from FSInsightAugust 13, 2021After taking a breather yesterday, crypto is trading higher again Friday with Bitcoin and Ethereum up 4.18% and 4.20%, respectively at the time of writing. At $46,500, Bitcoin continues above its critical 200 day moving average. Also, on our radar is Cardano (ADA) which after signaling smart contracts are soon to hit the platform earlier this week is up over 40% to $2.04. Cardano and Binance, both with market caps of approximately $65 billion, are the third and fourth largest digital assets by market cap after Bitcoin and Ethereum.This week KPMG released a note highlighting the "significant amount" of money flowing into blockchain and crypto from institutional investors. The Big Four auditor said total global investment in the space reached $8.7 billion in the first half of 2021. This was up more than double the $4.3 billion invested in blockchain in full year 2020 and exceeds the previous all-time annual record set in 2018.Hackers who committed the single largest crypto heist on record, stealing over