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Crypto Daily Report – June 8

Jun 8, 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 FSInsightJune 8, 2022As of writing, BTC and ETH are trading at $30.5k and $1.8k, down 2.1% and 0.4% respectively. NDAQ and SPX have also opened with no discernible trend (+0.3% and -0.4%), with the discrepancy caused by tech stocks rebounding stronger relative to the rest of the S&P. SOL ($36 - $45) and AVAX ($21 - $29) have also been range-bound since the start of June. LINK, THETA, FTX, NEO and ADA have been the top-gainers for the past 24hrs, posting >8.5% gains. Suppose markets continue to move sideways for the near term (as discussed in the Crypto Weekly). In that case, we propose several income-focused strategies to harvest delta-neutral yields in the DeFi Digest to be published later in the week.In past issues of the Crypto Daily, we have noted that stakeholders (regulators and incumbents) are taking different stances in these defining times. Coinbase rescinded job offers that stretched across multiple product lines as part of its hiring freeze, while FTX has expressed no desire to scale back hiring, according to SBF. O

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