Crypto Daily Report – March 17

Mar 17, 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 17, 2022Crypto made a big push upward late last night, bringing the total market up 2.5% over the past 24 hours, with a vast majority of the move taking place within just two hours. Bitcoin is up 1.5% at $41k, and Ethereum is up 4.3% at $2800. Ethereum's large gains were likely driven by a successful testnet implementation of a switch to Proof-of-Stake consensus. Bitcoin's Fear & Greed Index has been on an upward climb over the past few days, indicating that investor sentiment on Bitcoin and the overall crypto market might be improving.Ukrainian President Volodymyr Zelensky signed a bill into law that legalizes and regulates "virtual assets" to allow crypto platforms to operate in Ukraine. This news comes soon after the Ukrainian government was able to partially finance its war efforts through crypto donations that totaled over $60 million in under three weeks, demonstrating to regulators the importance of digital peer-to-peer transactions when transferring money and assets. The law separates crypto into three v

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CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC -0.87% TESTING THE $65K LEVEL, ETH -3.28% TRADING AROUND $3500, AND SOL -4.76% 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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