Crypto Daily Report – January 17
Jan 17, 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 17, 2022On Monday morning, the global crypto market opened 1.7% lower as prices grind down across all major crypto sectors on what is shaping up to be a day of relatively low volumes. Bitcoin and ether are also trading lower over the last 24 hours, down 1.0% and 1.9%, respectively. The lone winner on the day is smart contract platform Cardano (ADA), which surged over 8% on the launch of its first decentralized exchange, SundaeSwap. Much of the demand is derived from investors migrating to the application to yield farm, a process by which users earn native token rewards by supplying early liquidity to the platform. A pair of countries are trying to prevent digital asset speculation by restricting how firms can market digital asset services. Spain has issued guidelines surrounding the promotion of digital assets by influencers. The new rules stipulate that posts involving cryptoassets must provide an investment disclaimer, and influencers with over 100k followers will need to notify authorities within ten days