Crypto Daily Report – January 4

Jan 4, 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 4, 2022The crypto market is trading 0.14% higher over the prior 24 hours as alts show strength with Ethereum up 0.84% and Bitcoin down 0.54%. The best performing alts have been lower market cap L1s and multichain protocols like Cosmos (ATOM), Fantom (FTM), and Chainlink (LINK).China's CBDC wallet has officially launched on the iOS and Android app stores in pilot mode. Users in one of 11 locations within China (including the 2022 Beijing Winter Olympics area) can download the e-CNY app to open a personal wallet. The developer of the app is listed as the People's Bank of China's Digital Currency Research Institute - an affiliate of China's central bank.Yesterday, former First Lady Melania Trump wished Bitcoin a Happy Birthday over Twitter following the recent launch of her NFT Platform. The positive support for Bitcoin contradicts former President Trump's opinion of Bitcoin which he made clear in an interview during his presidency "Bitcoin, it just seems like a scam. I don't like it because it's another currenc

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -0.14% falling to $60k and ETH -1.46% approaching the low $2,300s. Aptos (APT 0.83% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE -1.85% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.14% climbing back above $61,000 and SOL -1.71% moving above $145, while ETH -1.46% is lagging, trading around $2,400. Among today's outperformers is SUI -0.70% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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