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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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