
Digital Assets Morning Call: May 16, 2022
Crypto consolidates after the fall Technical damage leaves a mark on crypto sentiment Luna Foundation Guard details last week’s bitcoin sales Bankman-Fried highlights bitcoin’s payments
The Digital Assets (DA) Morning call is a brief rundown of the latest developments impacting digital assets through a macro lens.
Crypto consolidates after the fall Technical damage leaves a mark on crypto sentiment Luna Foundation Guard details last week’s bitcoin sales Bankman-Fried highlights bitcoin’s payments
Downward momentum in crypto assets broadens Momentum overtakes fundamentals Contagion evident as Tether’s peg to the US dollar briefly breaks US accounting standards coming for
Crypto assets resume decline, pressured by still-high US inflation US CPI remained high in April, reinforcing Fed tightening expectations TerraUSD and LUNA continue to fall
Selling pressure in major crypto assets eases for now, but not before registering severe declines New 10-month lows in Bitcoin and 3-month lows in ether
Technical breaks and uncertain macro keep pressure on major crypto assets Weekend selling in bitcoin and ether saw each break important support levels Bitcoin’s increased
Crypto assets bounce after Fed rate hike, but questions remain Fed signals a somewhat less aggressive path of rate hikes than markets expected… …allowing initial
Crypto assets consolidate; the ups and downs of crypto institutional adoption Short term chart points for bitcoin and ether Ahead of the FOMC decision, India
Crypto implications of this week’s central bank actions RBA is the first in a series of central bank rate hikes expected this week Crypto assets
Macro turn keeps pressure on crypto assets Little reprieve thus far from April’s sharp selloff Global growth concerns increasing with China again in the spotlight
More on Fidelity’s plan to offer crypto in 401Ks; US growth falls short of expectations Fidelity could face regulatory challenges in plan to offer crypto