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Crypto Daily Report – January 28

Jan 28, 2022
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 Updates from FSInsightJanuary 28, 2022The crypto market is 0.75% lower to $1.7T over the past 24 hours. Individual digital assets are trading inline with their perceived risk with Bitcoin (-0.3%) down the least, followed by Ethereum (-3.75%), and alts down more on average. Bitcoin funding rates, after holding negative for the past couple days have flipped positive for the time being indicating mixed feelings amongst traders. EIP1559 remains a positive supply-side catalyst for Ethereum. Since the update over 1.6M ETH has been burned out of existence representing over $4.0B at current prices.Yesterday, a report was published indicating that the White House is preparing an executive action regarding crypto. The report notes that the Biden Administration views crypto regulation as a "matter of national security" and the executive action will put more pressure on government agencies to devise a regulatory framework for the space. The report follows a similar one published in Bloomberg last week, as well as Putin's recent comments on Russia's pr

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CRYPTO MARKET UPDATE AFTER ANOTHER DAY OF SIZEABLE OUTFLOWS FROM ETHE 4.58% , THE GRAYSCALE-ISSUED ETF NOW RETAINS JUST 85% OF THE AUM IT BEGAN WITH ON TUESDAY. However, crypto has rallied strongly since the US market closed yesterday, with BTC 1.43% briefly moving above the $68k level, ETH 0.97% rebounding sharply to $3,250, and SOL 3.61% revisiting $184. Among larger-cap tokens, SOL beta names including RNDR and JUP have outperformed over the past 24...

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CRYPTO MARKET UPDATE CRYPTO WAS CERTAINLY LOOKING STRONG RELATIVE TO EQUITIES YESTERDAY UNTIL ASIAN MARKET HOURS COMMENCED. Shortly after the HK market opened, we saw increased sell pressure and approximately $100 million in liquidations across all crypto assets, bringing BTC 1.43% down to below $64,000, ETH 0.97% down to $3,150, and SOL 3.61% to just below $170. This contrast in price action during U.S. and Asia market hours has been consistent throughout July....

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CRYPTO MARKET UPDATE RATES ARE BROADLY LOWER, WITH A NOTABLY STRONGER RALLY AT THE FRONT END OF THE CURVE AS THE MARKET APPEARS TO BE TAKING POTENTIAL RATE CUTS OVER THE NEXT COUPLE OF FOMC MEETINGS MORE SERIOUSLY. Despite significant weakness in equities today, the crypto market is looking relatively healthy, with BTC 1.43% and many altcoins in the green. BTC 1.43% briefly rallied above $67k but has since drifted back down...

BTC 1.43% ETH 0.97% GBTC +4.88% IWM +1.75% QQQ +1.08% SOL 3.61% ^SPX
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AVAX 2.53% BTC 1.43% ETH 0.97% ETHBTC ETHE N/A% GBTC +4.88% GOOGL -0.17% SOL 3.61% TSLA -0.12% V +2.1%

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