Crypto Daily Report – June 4

Most Important Daily Data and News for Digital Assets Crypto Daily Report The Most Important Daily Data for Digital Assets Daily Analysis from FSInsight Jun 4, 2021 Crypto markets were once again shaken by a mysterious late-night tweet in which Elon Musk implied a breakup between Tesla and bitcoin. Bitcoin dipped from $39,200 Thursday evening to $36,200 at the time of writing, leaving the cryptocurrency at approximately the same price it was last Friday.Anchorage Digital, a digital asset bank, is developing new borrowing and lending tools in partnership with BankProv, a nearly 200-year-old bank. Institutional clients will now be able to custody ETH with Anchorage and use it as collateral for loans.Google surprised many by lifting its 3-year ban on crypto exchanges and wallets from using its ad services. To advertise on Google, an exchange or wallet must be registered with “FinCEN as a Money Services Business and with at least one state as a money transmitter” or “a federal or state-chartered bank entity." Daily Important Metrics Jun 4, 2021 Crypto Size  Bearish Signal Bullish signal is tied to the crypto market growing Market Cap $1.6T $-136.1B (-7.79%) BTC Dominance   41.87% (+0.65%) Stable Coins