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Crypto Daily Report – January 6

Jan 6, 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 6, 2022The global crypto market capitalization currently trades at $2.05, an 8.4% decrease over the past day. Bitcoin had lead in this downturn, with altcoins bleeding harder against Bitcoin after a period of outperformance when Bitcoin was ranging. In our weekly released yesterday, we wrote about how the Fed's intention to reduce the balance sheet in Q1 2022 is the primary cause of this sell-off. The 10-year has increased over 12% YTD and seems on its way to 2.0% for the first time since 2019, implying 3 rate hikes in 2022.Aave has launched its permissioned DeFi platform for institutions (Aave Arc) today, enabling institutions to undergo financial due diligence and partake in DeFi money markets in a compliant manner. Initially, Aave Arc will support four assets: ether (ETH), wrapped bitcoin (WBTC), USDC stablecoin, and Aave's native token (AAVE). This product launch is momentous for the space, as previously, institutions could only buy and hold digital assets in a compliant manner.  According to sources fro

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AAVE -1.85% APT 0.83% BTC -0.14% ETH -1.46% TOTAL XRP -1.05%
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BTC -0.14% ETH -1.46% SOL -1.71% SUI N/A% XRP -1.05% QQQ -0.89% SPY -0.46%
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AAVE -1.85% APT 0.83% BLAST 0.00% BTC -0.14% EIGEN 0.33% ETH -1.46% LDO -1.25% POL N/A% SUI N/A% TON -31.04% QQQ -0.89% SPY -0.46% XAU

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