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Crypto Daily Report – March 14

Mar 14, 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 FSInsightMarch 14, 2022The global crypto market (-0.27%) is relatively flat over the previous 24 hours, as bitcoin (-0.28%) fights to maintain the $39k level, and ether trades just below $2.6k (-0.41%). Overall, large-cap assets are showing mixed results to open the week as AVAX (-4.91%) and SOL (-0.79%) trade lower while LUNA (+1.06%) continues outperformance among layer 1 platforms. Despite the looming interest rate increase expected from the Fed this week, the BTC put/call ratio continues to decline from an early February high of 0.69 to its current level of 0.53. Considering the put/call ratio for March options on Deribit sits at 0.60, this decline in the overall ratio might indicate that investors are starting to position for longer-dated right rail risk. A few weeks ago, we noted that the Parliament of the European Union had delayed a key vote on a critical piece of crypto legislation following backlash from the crypto community. The Markets in Crypto-Assets Directive (MiCA) bill contained some late-stage adjustments th

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CRYPTO MARKET UPDATE AFTER ANOTHER DAY OF SIZEABLE OUTFLOWS FROM ETHE 4.58% , THE GRAYSCALE-ISSUED ETF NOW RETAINS JUST 85% OF THE AUM IT BEGAN WITH ON TUESDAY. However, crypto has rallied strongly since the US market closed yesterday, with BTC 3.36% briefly moving above the $68k level, ETH 3.53% rebounding sharply to $3,250, and SOL 6.70% revisiting $184. Among larger-cap tokens, SOL beta names including RNDR and JUP have outperformed over the past 24...

BTC 3.36% CFX 20.85% ETH 3.53% GBTC +4.88% IBIT JUP -8.65% RNDR -3.51% SOL 6.70%
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CRYPTO MARKET UPDATE CRYPTO WAS CERTAINLY LOOKING STRONG RELATIVE TO EQUITIES YESTERDAY UNTIL ASIAN MARKET HOURS COMMENCED. Shortly after the HK market opened, we saw increased sell pressure and approximately $100 million in liquidations across all crypto assets, bringing BTC 3.36% down to below $64,000, ETH 3.53% down to $3,150, and SOL 6.70% to just below $170. This contrast in price action during U.S. and Asia market hours has been consistent throughout July....

AAVE 5.53% BTC 3.36% ETH 3.53% MARA +6.31% SOL 6.70% TRX 1.52%
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CRYPTO MARKET UPDATE RATES ARE BROADLY LOWER, WITH A NOTABLY STRONGER RALLY AT THE FRONT END OF THE CURVE AS THE MARKET APPEARS TO BE TAKING POTENTIAL RATE CUTS OVER THE NEXT COUPLE OF FOMC MEETINGS MORE SERIOUSLY. Despite significant weakness in equities today, the crypto market is looking relatively healthy, with BTC 3.36% and many altcoins in the green. BTC 3.36% briefly rallied above $67k but has since drifted back down...

BTC 3.36% ETH 3.53% GBTC +4.88% IWM +1.75% QQQ +1.08% SOL 6.70% ^SPX
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CRYPTO MARKET UPDATE DESPITE BEING THE LAUNCH DAY FOR ETH 3.53% ETFS, CRYPTO BROADLY MOVED LOWER IN THE EARLY MORNING HOURS TODAY, POSSIBLY DUE TO MOVEMENT OUT OF THE MT. GOX TRUSTEE WALLETS. Mt. Gox sent approximately $130 million in BTC 3.36% to Bitstamp, leaving about 90k BTC 3.36% remaining in the trustee wallets. This move lower was likely also influenced by a rise in the DXY. Currently, BTC 3.36% is trading around $66.5k,...

AVAX 5.90% BTC 3.36% ETH 3.53% ETHBTC ETHE N/A% GBTC +4.88% GOOGL -0.17% SOL 6.70% TSLA -0.12% V +2.1%

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