$BTC 24 Hour High $20,408.39 / Low $19,900.09 | $BTC -1.0% Past 24 hours; +2.6% Past 7 days
Crypto markets once again continue to move sideways with no clear directions. BNB chain confirmed an on-chain exploit that over 100m was stolen. The EU bans all crypto assets, accounts and custody services belonging to Russia.
Macro, Equities & Commodities
The US markets moved lower overnight with Asia markets looking to follow. Eyes on 20th CCP Congress next week whether or not President Xi will get his third term. It has been widely believed that the Beijing government may finally ease Covid policy measures and other regulatory curbs afterwards.
Digital Assets Market
- Total crypto market capitalization stands at $996 Billion, -0.9% from yesterday
- $BTC is -0.95% at time of writing; 24H liquidations and funding rates: 14.19M, +0.00340%
- $ETH is -0.23% at time of writing; 24H liquidations and funding rates: 17.56M, +0.15316%
- Stablecoins market dominance: USDT 46.10%; USDC 31.38%; BUSD 14.21%; DAI 4.28%
Alts and DeFi watch
- DeFi TVL: $55.5B (-0.30% over last 24 hours)
- $SOL -2.5% in the last 24 hours, -1.3% in the past week
- $SHIB -2.4% in the last 24 hours, +1.0% in the past week
- $ADA -0.5% in the last 24 hours, -1.7% in the past week
- $ENJ -1.7% in the last 24 hours, -3.0% in the past week
More news that caught our eye
- Binance suffers BNB cross-chain bridge hack, exchange confirms
- Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum
- Colorado is accepting crypto for tax payments
- SWIFT Explores the Benefits of a Global CBDC Network
- MakerDAO initiates $500 million investment in US treasuries, corporate bonds
OSL Trader View is contributed by Hans-Stefan von Haenisch, Ethan Fu, Tiffany Wee, Melvin Gallu, Keith Hwam & Kevin Lee.
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