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Crypto Daily Report – May 20

May 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 FSInsightMay 20, 2022Crypto markets are down over the past 24 hours - a slight contrast to equities that finished the day up after giving up gains from earlier in the day. It is important to note that correlations between BTC and stocks have been trending lower over the past few days per their 30-day rolling average. BTC is down 2.5%, while ETH is down only 1.7%, and other smart contract platforms are down as much. In looking at futures data, funding rates on BTC perpetual futures contracts remain flat, indicating a lack of trader bias to one side and further highlighting the current spot-driven market.Today, NFT marketplace OpenSea launched a new protocol called 'Seaport', which allows users to purchase NFTs using a combination of assets. Through Seaport, users can pay for NFTs using a combination of NFTs and fungible crypto tokens like ETH in their wallets. Seaport also allows users to place bids on specific NFT project traits instead of the project in general. The launch comes at a time when competing marketplaces like Look

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BTC -2.18% ETH -1.70% SOL -2.63% SUI N/A% XRP -3.29% QQQ -0.77% SPY -0.37%
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AAVE -0.53% APT 5.27% BLAST 0.00% BTC -2.18% EIGEN -9.81% ETH -1.70% LDO -3.38% POL N/A% SUI N/A% TON 3.03% QQQ -0.77% SPY -0.37% XAU

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