Trading Desk Market Update: 3/30

March 30, 2022

BTC is currently trading around $47,300 and ETH around $3,400.  Notable gainers in the last 24 hours are GMT, ZIL, and AAVE.  The global crypto market cap is $2.24T, down 0.2% over the last day.  DeFi Total Value Locked is ~$228b and BTC dominance is around 43%.

Notable news today includes: The UK will reportedly release new sweeping cryptocurrency regulations in the coming weeks; Vietnam’s Deputy Prime Minister has instructed various government agencies to develop a legal framework around digital assets; Securities regulators in seven US states are scrutinizing Voyager Digital’s interest-bearing crypto accounts; Visa has launched a creator program to help artists growth their businesses with NFTs; MicroStrategy has borrowed $205m from Silvergate to buy BTC; MetaMask has integrated with ApplePay to enable crypto purchases with a debit or credit card; Binance has launched Binance Bridge 2.0 to allow users to bridge assets from any blockchain to the BNB Chain; OpenSea is teasing an April integration of Solana NFTs; and, Axie Infinity host and Ethereum side chain Ronin Network was hacked for $615m in crypto.

2022.03.30

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