Crypto Daily Report – April 26

Apr 26, 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 26, 2022After showing strength, digital assets have given up most if not all of their overnight gains tracking the broader sell-off in equities. BTC remains in the green (+0.83%), along with ETH (+1.11%) and LUNA (+1.46%). DOGE was initially up 30% following confirmation that Twitter's board has accepted Elon Musk's bid for the company. However, it has since retraced and now remains up 8.43%. While funding rates on BTC perpetual futures contracts remain muted, price remains just below the critical $40,700 level.This morning Fidelity announced that it would soon allow clients to purchase bitcoin via their 401(k) accounts. It's expected that the asset manager will implement the feature by the summer of this year and allow up to a 20% allocation to bitcoin. Specifics around management fees will depend on individual employers but are expected to be less than 1% per annum. The announcement highlighted that Michael Saylor's, Microstrategy, is already signed up for the new service. Dave Gray, head of workplace retireme

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -1.22% falling to $60k and ETH -1.52% approaching the low $2,300s. Aptos (APT) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 0.68% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -1.22% climbing back above $61,000 and SOL -1.66% moving above $145, while ETH -1.52% is lagging, trading around $2,400. Among today's outperformers is SUI, which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

Sign in to read the report!

We have detected you are an active member!

Ray: 88f86a-bc2148-6126f9-f188f7-b09cf2