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Crypto Daily Report – January 13

Jan 13, 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 13, 2022The bounce in the crypto market slowed overnight, with the overall market increasing by 0.6% to reach $2.1T. Bitcoin and Ethereum increased to $43.7k (up 1.1%) and $3.4k (up 1.6%), respectively. Bitcoin's hash rate has nearly recovered to its ATH after civil unrest in Kazakhstan, the world's second-largest mining hub after the US, led to a forced power outage and the consequential shut down of 11% of the global hash rate. Sources report that almost 90% of its mining capacity is back online, working to secure the Bitcoin network.Switzerland is ready to integrate a CBDC into its economy following the successful completion of a test run. The Swiss are not issuing a CBDC from the central bank into retail accounts. Instead, the country is working to implement a digital token infrastructure through which digital cash tokens can be exchanged for tokens of other financial assets like stocks. This infrastructure is expected to increase efficiency and reduce the costs of trading assets while aiding regulatory or

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