Most Important Daily
Data and News for Digital Assets |
 |  | Crypto Daily Report The Most Important Daily
Data for Digital Assets |
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| Daily Updates from FSInsight | January 11, 2022 |
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- The broad crypto market is up 1.38% to $2.0 trillion this morning with Bitcoin (+2.62%), Ethereum (+4.76%), and alts all trading higher. Since selling off 20% Bitcoin appears to have caught at least temporary support above $40,700 - a level that has proven critical since January 2021.
- Despite the sell-off in liquid crypto tokens over macro concerns, NFT prices have shown strength. The floor prices of Bored Apes are up 9% in the last seven days, while Doodles are up 47%, and World of Women are up 56% in the same period. Additionally, volume on OpenSea has been strong over the first ten days of January and is on pace for a new monthly record.
- The Fed is expected to publish their report on digital currencies "within weeks" according to Fed Chairman Powell. The report is anticipated to discuss central bank digital currencies and "be an exercise in asking questions and seeking answers from the public." The Fed's report is timely given the PBOC's recent launch of its digital Yuan CBDC for the Beijing 2022 Winter Olympics.
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| Daily Technical Strategy | | Polygon $MATICUSD – Some constructive signs of MATIC trying to bottom out after dropping over 30% in just the last few weeks. Daily charts show the area near $1.90 as being important support based on its uptrend from last September 2021 lows. A counter-trend bounce looks to be underway, but reclaiming $2.406 from 12/29/21 will be important towards thinking this can move back to new highs and above right away, structurally speaking. Any failure of following through sufficiently on this bounce which then turns down and breaks $1.90 would likely cause a decline to $1.60-5, which would be a better risk/reward area of intermediate-term support to buy dips. | |
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| Daily Important Metrics | | Sentiment 
Crypto Size Bullish Signal Bullish signal is tied to the crypto market growing Market Cap $2.0T +$36B (+1.88%) BTC Dominance 40.38% (-1.12%) | Stable Coins Bearish Signal Increase in circulating stablecoins is a Bullish signal In Circulation $78B (-0.02%) In Exchanges $5.6B (-1.58%) | Stablecoin Supply Ratio Bullish Signal Ratio between Bitcoin supply and the supply of stablecoins, denominated in BTC SSR 5.33 (-0.74%) SSR Oscillator -1.65 (1.41%) | Funding Rate Bullish Signal Positive funding rates indicate traders are Bullish Bitmex 0.0028% (-157%) Binance 0.0098% (+59%) |
| BTC Metrics Bearish Signal A decrease in Bitcoin on exchanges is bullish, indicates investors are moving coins to cold storage # BTC in Exchanges 2.5M (0.08%) | Futures CME Bearish Signal A positive spread between Futures Prices and Spot Prices is Bullish BTC Price $41,730 (0.10%) Spot Basis $-273 (-0.65%) Volume 9,789 (-6.05%) Open Interest 11,271 (-0.23%)
| Options CME No Signal Higher open interest change in a bull market is bullish for the sector Volume 104 (16%) Open Interest 1,372 (3.16%) Calls CME Bullish Signal Calls Volume 21.00 (110%) Calls Open Interest 293 (4.27%) Puts CME Bearish Signal Puts Volume CME 44.00 (132%) Puts Open Interest 1,079 (2.86%) |
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| | All metrics as of January 11, 2022 2:30 AM |
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| Symbol | Market Cap | Last Price | Daily Change | Year to Date | Relative to BTC YTD |
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| BTC | $795B | $42,003 | 2.62% | 45% | | | ETH | $376B | $3,154 | 4.76% | 328% | 283% | | BNB | $76B | $456 | 9.64% | 1,121% | 1,077% | | SOL | $43B | $138 | 3.63% | 9,041% | 8,997% | | ADA | $39B | $1.17 | 4.84% | 542% | 497% | | XRP | $36B | $0.7463 | 2.98% | 241% | 196% | | DOT | $25B | $25.27 | 8.67% | 173% | 128% | | DOGE | $20B | $0.1510 | 5.78% | 3,182% | 3,137% | | LINK | $12B | $26.63 | 0.14% | 137% | 92% | | LTC | $9.0B | $130 | 4.35% | 4.42% | -40% | | BCH | $7.0B | $369 | 3.29% | 7.62% | -37% | | Our Deep Research Projects | | AVAX | $21B | $87.54 | 5.26% | 2,653% | 2,608% | | IOTA | $3.1B | $1.10 | 3.52% | 272% | 227% | | BSV | $2.0B | $108 | 3.80% | -34% | -79% | | AMP | $1.7B | $0.0414 | -0.15% | 528% | 483% | | ZIL | $732M | $0.0598 | 3.10% | -28% | -73% | | ZEN | $665M | $55.64 | 5.67% | 381% | 336% |
All prices as of January 11, 2022 4:10 PM |
| Exchanged Traded Products (ETPs) | |
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| Symbol | Premium to Nav | Last Price | Daily Change | Year to Date | Relative to BTC YTD |
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| GBTC | -23% | $35.71 | -2.70% | 1.80% | -43% | | BITW | -22% | $41.88 | -2.83% | -20% | -65% | | ETHE | -16% | $32.93 | -5.18% | 174% | 130% | | QBTC | -4.04% | $62.82 | 1.72% | 16% | -29% | | QETH | -5.29% | $58.29 | 1.82% | 170% | 125% |
All prices as of January 11, 2022 11:10 AM |
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| Symbol | Market Cap | Last Price | Daily Change | Year to date | Relative to BTC YTD |
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| PYPL | $216B | $185 | -0.99% | -20% | -65% | | SQ | $76B | $167 | -2.05% | -24% | -69% | | COIN | $65B | $251 | -1.94% | -34% | -79% | | SBNY | $18B | $299 | -0.21% | 121% | 76% | | HOOD | $15B | $18.26 | -4.55% | -52% | -97% | | MSTR | $6.1B | $563 | -2.99% | 32% | -12% | | SI | $4.2B | $137 | -1.58% | 105% | 60% | | MARA | $3.5B | $35.38 | -5.22% | 221% | 177% | | RIOT | $2.7B | $23.45 | -5.94% | 42% | -2.54% | | MOGO | $223M | $3.19 | -6.45% | -21% | -65% |
All prices as of December 15, 2021 8:38 AM *COIN YTD since 14/04/2021 |
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| | | | Crypto trading firm GSR has a new CEO at the helm and has poached a marketing-making veteran to serve as its CTO. The post Crypto trading shop GSR announces new CEO, CTO as part of management shakeup appeared first on The Block. |
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| | | | If the future of blockchain is multi-chain, then Axie’s Ronin is leading the way, according to new research. |
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| | | | FTX exchange founder and CEO calls out regulators to create a single regulatory framework for digital assets. |
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| | | | It’s the first outside investment for the electronic trading giant, which is now valued at roughly $22 billion. |
| | | The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities. |
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| | | | An open-source blockchain ecosystem and a suite of interoperable protocols, Nervos Network, has entered a partnership with Pastel, revealing its ambition to grow its presence in the NFT space. The post Nervos Network partners up with Pastel to offer... |
| | | Fears about the impact of more hawkish Fed policy has hit crypto token prices hard — but NFT floor prices have been spared. The post Macro-driven crypto plunge spares NFT floor prices appeared first on The Block. |
| | | The first NFT marketplace to be established on the Ethereum blockchain, OpenSea’s trading volume has shot up in the past year. Well, alongside the boom in non-fungible tokens (NFTs). In August, for example, the platform’s total volume was just $1 bil... |
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| | | | The bitcoin mining services provider said it would purchase and sell rigs on behalf of its team and miners and investors on its network. |
| | | Jack Dorsey's Block is looking for a new bitcoin mining expert, according to a recent job offering on Linkedin. |
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