Crypto Daily Report – April 20

Apr 20, 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 20, 2022At $41.7k and $3.1k, Bitcoin and Ethereum are trading 1% higher relative to their daily open. Traditional markets have also opened flat, with SPX at par and NDAQ at -3.5%. On the NFT front, weekly trading volumes have rebounded for the week commencing 4/17, signaling that the NFT market is not cooling off despite having lower volume last week. Aggregated Open Interest in Bitcoin Futures is relatively flat, although Binance has been steadily gaining total market share in the Bitcoin Futures market. The implied volatility of BTC 1-month ATM Options is also trading at a 3-month low, indicating the market's reduced appetite for risk-on.  The recent crypto proposals from the European parliament and the UK have elicited a mixed bag of emotions from operators in the industry. First proposed by the European Commission in July 2021, the European proposal details the need for public disclosure of digital asset transactions and wallet addresses. Lawmakers have since added constraints, removing the threshold of EU

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