OSL Daily Update - April 20, 2021 

$BTC 24 Hour High $57,532
$BTC 24 Hour Low $54,200
$BTC -7.50% in past 24 hours 

Aside from the 12% rebound since yesterday’s crash, the aftermath has been relatively calm. $BTC was range bound between $57,620 and $54,150 for most of the day with signs of weakness as the day progressed. 

In digital asset news, British politician Rishi Sunak is said to launch a task force with the Bank of England to work on a potential CBDC. On the topic of CBDC’s, big four audit firm PwC has ranked the Bahamas as the leading nation in development for retail CBDCs - scoring the sun-baked nation 92 out of 100 on their CBDC global index - an index designed to measure a Central bank’s level of maturity  in deploying their own digital currency. . 

Digital assets market:

  • $BTC down 1.6% on the day, support/resistance - $54,000/$57,600
  • $BTC liquidations and funding: $305M, 0.01% average
  • $ETH is down 2.75% on the day, support/resistance - $2,030/$2,280
  • $ETH liquidations and funding: $110M, 0.01% average

Alts and DeFi watch:

  • DeFi TVL: $55.32B
  • $IOST down 14% on the day
  • $TRX broke the low set during the weekend crash, down 10% on the day

More news that caught our eye:


OSL Trader View is contributed by Santiago Nazaretti and Jose Reyes



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