Crypto Daily Report – April 22

Apr 22, 2022
Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightApril 22, 2022The crypto market slid lower and erased yesterday's gains, with Bitcoin down 2.89% and Ethereum down 1.31%. These moves are alongside a fall in traditional markets, with SPX down 2.17% and QQQ down 2.15%. Despite general weakness in the market, Luna showed relative strength - up 2.30% from the open. NFT volumes have continued to grind higher on the back of a very successful 'Moonbirds' launch from Kevin Rose. The floor price shot up to 36 ETH ($108k) with $318 million in volume in just a week, making it the highest volume NFT on Opensea.Financial services provider, Stripe, will offer support for payments in the USDC stablecoin by using the Polygon blockchain. These payments will be accessible via 'Stripe Connect,' a system that integrates payments to online marketplaces. Twitter will be Stripe's first partner to try this new platform with content creators who use Twitter's products such as 'Super Follows' and 'Ticketed Spaces', receiving their payment in USDC. Stripe intends to add additional rails and currencies over time.Tron (TRON), a smart contract platform founded by Justin Sun, rose 7% yesterday on the news of

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CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC 1.05% TESTING THE $65K LEVEL, ETH 0.84% TRADING AROUND $3500, AND SOL 2.98% 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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