Genesis and DCG Accused of Accounting Fraud, Coinbase Cuts More Jobs

Jan 10, 2023
body{ background-color:'#041529';} body,table,td,p{ font-size:22px; } body div center ul, body div center li { margin-left: 10px !important; margin-right: 0 !important; } a { color:'#3E84CE'; } .font_small, .font_small td, .font_small p{font-size:16px;} .font_big, .font_big td, .font_big p{font-size:26px;} @media screen and (max-width: 640px){ body,table,td,p{ font-size:28px; } .font_mobile, .font_mobile li, .font_mobile div, .font_mobile p {font-size:30px;} .font_small, .font_small td, .font_small p{font-size:24px;} .font_big, .font_big td, .font_big p{font-size:28px;} } Most Important Daily Data and News for Digital Assets Crypto Daily ReportJanuary 10, 2023 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: APT, BTC, COIN, ETH Market UpdateAfter retracing significant gains at the close yesterday, traditional indices are roughly flat on the day, while US Treasury yields are turning higher. Many are looking forward to Thursday’s CPI report release, which will have large implications on the Fed’s interest rate decisions on February 1st. Crypto markets are continuing their constructive week, with $BTC and $ETH rising 0.72% and 0.67%, respectively. The total crypto market cap is up for the third consecutive day, rising to $811 billion (+0.64%). In ad

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CRYPTO MARKET COMMENTARYBITCOIN REBOUNDED OVER THE WEEKEND, WITH PRICES FULLY RECOVERING FROM FRIDAY'S DRAWDOWN BY MONDAY MORNINg. BTC 0.45% is now trading just below $63k. Meanwhile, both ETH -0.20% and SOL -1.52% have lagged, trading at $3950 and $146, respectively. Altcoin flows seem to have shifted towards memecoins, which are outpacing the rest of the market today, with gains exceeding 5% from BONK 0.82% , DOGE 14.99% , and PEPE. This interest in memecoins likely stems from...

U.S. equity indices are showing modest gains today following weekly jobless claims coming in higher than expected, showing 231k versus 212k estimated, putting downward pressure on the DXY 0.00% (-0.21%) and rates. The SPY 0.46%  has gained 0.36%, approaching the $520 mark, while the QQQ 0.62%  has risen 0.14% to the $440. Crypto assets are showing larger gains, with BTC 0.45% (+1.57%) rising above $62k and ETH -0.20% (+1.05%) surpassing $3,000. The Render Network’s mobile app, OctaneX, was featured in Apple’s keynote presentation earlier...

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