Trading Desk Market Update: 1/3

January 3, 2022

BTC is currently trading around $47,000 and ETH around $3,800.  Notable gainers in the last 24 hours are OHM, SNX, and OSMO.  The global crypto market cap is $2.37T, up 0.4% over the last day.  DeFi Total Value Locked is ~$254b and BTC dominance is around 40%.

It was a quiet holiday weekend for cryptocurrencies.  Notable items include: the Bitcoin hashrate has hit a new all-time-high; The Bank of Jamaica announced completion of its CBDC pilot; the CEO of gaming company Square Enix revealed its plans for blockchain, metaverse, and NFTs; Samsung plans to introduce a new NFT platform for smart TVs; And, Shiba Inu has launched a beta version of its DOGGY DAO for community governance.

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