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Crypto Daily Report – April 21

Apr 21, 2022
Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightApril 21, 2022The crypto market continues to push higher today, up 0.56%. BTC is up 1.39% and has found support above the critical $40,700 level, currently at $42,667. Outside of BTC, performance is a mixed bag, with ETH up 0.3%, but other smart contract platforms like SOL (-1.0%), ADA (-0.95%), and FTM (-1.7%) have moved lower. In looking at BTC's UTXO Realized Price Distribution, or the number of bitcoins that last moved within a specific price bucket, 727k bitcoins (3.89% of supply) were moved at $41,185, providing a solid base to build off of.The Financial Times reported that Goldman Sachs is interested in striking a partnership with crypto exchange FTX. Goldman Sachs CEO, David Solomon, reportedly met with FTX's Sam Bankman-Fried in March to discuss potential areas of collaboration. The two discussed a range of topics including Goldman's guidance on the US regulatory front, FTX's expansion into derivatives trading for US retail users, as well as a possible US IPO for the crypto giant. In March, FTX filed for a crypto derivatives application with the CFTC. FTX raised a $400M Series C round earlier this year, valuing the company

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