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Crypto Daily Report – January 28

Jan 28, 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 28, 2022The crypto market is 0.75% lower to $1.7T over the past 24 hours. Individual digital assets are trading inline with their perceived risk with Bitcoin (-0.3%) down the least, followed by Ethereum (-3.75%), and alts down more on average. Bitcoin funding rates, after holding negative for the past couple days have flipped positive for the time being indicating mixed feelings amongst traders. EIP1559 remains a positive supply-side catalyst for Ethereum. Since the update over 1.6M ETH has been burned out of existence representing over $4.0B at current prices.Yesterday, a report was published indicating that the White House is preparing an executive action regarding crypto. The report notes that the Biden Administration views crypto regulation as a "matter of national security" and the executive action will put more pressure on government agencies to devise a regulatory framework for the space. The report follows a similar one published in Bloomberg last week, as well as Putin's recent comments on Russia's pr

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