Crypto Daily Report – March 15

Mar 15, 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 15, 2022The crypto market is trading down today 0.36% and currently stands at $1.72B. Bitcoin (-0.46%) is leading Ethereum (-1.67%) and other smart contract platforms like LUNA (-3.06%), SOL (-0.83%), and FTM (-3.26%). AVAX is the stand-out platform, up 1.03%. Funding rates on BTC perpetual futures contracts remain in limbo, unable to hold positive or negative for an extended period. This indicates that traders are unwilling to make significant bets one way or another, highlighting continued uncertainty in the market. Interestingly, traders on Bitfinex have closed nearly 70% of their BTC short positions over the past three days while ETH shorts remain elevated on the exchange.Yesterday, El Salvador's Finance Minister Alejandro Zelaya announced the country's bitcoin-backed bonds could launch as soon as today, giving a window of March 15th to the 20th. While Zelaya said the government has "the tools almost finished" to complete the offering, he also noted that the geopolitical conflict in Eastern Europe might have

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CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC 0.08% TESTING THE $65K LEVEL, ETH -0.80% TRADING AROUND $3500, AND SOL -2.00% 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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