Crypto Daily Report – November 24
Nov 24, 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 Updates from FSInsightNovember 24, 2021The crypto market is still in a back-and-forth where one day's losses are made up for by the next day's gains, and vice versa. Bitcoin is down 0.1% and Ethereum is up 3.0% over the past 24 hours, and the overall market is down 0.5%, but early morning momentum is leaning negative for the day.Yesterday, India announced that it was going to consider a bill that would "prohibit all private cryptocurrencies." It is rumored that this is being done in advance of India rolling out its own CBDC, so that the ban would prevent the possibility of private cryptocurrencies undermining the Rupee, India's native currency. There is an interesting divergence occurring where some developing countries are embracing crypto as a means of advancing into the future of finance, while others are attacking it as a threat against economic and financial sovereignty.As we near the season of giving, it is reported that Fidelity Charitable, the largest public charity in the US, has received over $270 million via Bitcoin and Ethereum