Crypto Daily Report – April 13
Apr 13, 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 FSInsightApril 13, 2022Cryptocurrency majors BTC and ETH have rebounded by 2.4% and 2.0% to $41k and $3,080, respectively, when broader equities have been flat on the day. AVAX gained 4.2% on the day, the most between SOL-LUNA-AVAX prominent Layer-1s. As part of Coinbase's mass listings on Monday, COMP is up 14.5% after gaining 9.6% yesterday. The rest of the market appears to be flat, while 2017-launched BCH is up 11%. In the face of macro headwinds, we remain cautiously optimistic but anticipate some volatility in the digital asset space as the market looks to May's rate hike before making a decisive move.Yesterday, USDC stablecoin issuer Circle announced a $400m funding round and partnership with Blackrock. Other investors include Fidelity Management and Research, London-based hedge fund Marshall Wave and Fin Capital. In addition to providing growth funding to Circle, Blackrock has indicated a willingness to expand USDC in capital market applications. The deal between the second-largest stablecoin issuer and the largest glo