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Crypto Daily Report – April 5

Apr 5, 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 FSInsightApril 5, 2022The total crypto market is down 0.4% over the past 24 hours, with BTC and ETH down 0.25% and 0.63%, respectively. LUNA is the outlier, up over 5%. Funding rates on BTC perpetual futures contracts have remained slightly positive over the past few days indicating that traders may be becoming believers in the recent rally. See our latest Crypto Weekly for more commentary on funding rates and their relation to BTC price. For ETH, funding rates are also positive and have been for the past ten consecutive days.This week U.S. chip manufacturer Intel announced its newest ASIC miner for proof-of-work crypto networks like Bitcoin. Intel highlighted its energy efficiency (26 J/TH) and expects the miner to produce 580 GH/s in hashing power. The new miner puts Intel in direct competition with Chinese ASIC producer Bitmain - which is at the forefront of ASIC tech.Yesterday, in his annual shareholder letter Jamie Dimon discussed blockchain and decentralized finance, among other topics. "Decentralized finance and blockch

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AAVE 1.14% BTC -0.22% BUIDL ETH -0.14% GHO 0.10% IWM +0.59% KRE +0.54% MKR -0.75% QQQ +1.15% SOL -1.04% ^SPX STX -0.07% TON 48.02% USDC 0.00%

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