Crypto Daily Report – February 16

Feb 16, 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 FSInsightFebruary 16, 2022The global crypto market is down about 1.45% this morning, with Bitcoin and Ethereum both down about 1.5%. Layer1 alts are a mixed bag, with some like AVAX showing strength (+4.59%) and others like SOL (-3.24%) and ADA (-2.55%) trading lower. Since late last week, funding rates on Bitcoin perpetual futures contracts have been chiefly positive, indicating long bias amongst traders. However, funding rates on Ethereum perpetual futures contracts have continued to flip back and forth between negative and positive.In an interview on CNBC this morning, Colorado Governor Jared Schultz Polis announced that his state will accept Bitcoin for tax payments sometime this summer. The Governor also highlighted his interest in other state and city-level crypto implementations following the paths of politicians in other states like Florida and New York. As a congressman, Polis was the first politician to accept campaign donations in Bitcoin in 2014.Today, the Financial Stability Board, a global forum of 19 large econo

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