Crypto Daily Report – January 19

Jan 19, 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 19, 2022The global crypto market cap is trading at just below $2T at time of writing, with Bitcoin and Ethereum relatively flat from the 24 hours prior. FTM, LUNA, ATOM, and MATIC have exhibited relative strength among the larger market cap altcoins, with upcoming product updates prevalent in these pairs. Funding rates are flat on major exchanges, with open interest at levels comparable to mid-October.  Microsoft announced a $69 billion acquisition of Activision Blizzard as part of a move to ramp up its gaming and metaverse plans. The acquisition positions Microsoft as a serious contender to Sony and Facebook, significant rivals pushing towards the metaverse. While gaming has been a thesis for many in 2022, the digital asset space has yet to see a Play-to-Earn game that rivals the conventional gaming world in quality. Crypto.com suffered an estimated $33 million loss to hackers from the exchange's custodial wallet in the latest exchange heist. The online platform suspended customer withdrawals for 14 hours o

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CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC -0.91% TESTING THE $65K LEVEL, ETH -3.58% TRADING AROUND $3500, AND SOL -5.34% APPROACHING $140. The ETHBTC ratio is declining again after a weekend relief rally sparked by news from Bloomberg ETF expert Eric Balchunas on Friday evening, clarifying his timeline for the ETH ETF launch. Meanwhile, the DXY continues its upward trajectory from the post-CPI selloff,...

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