
Digital Assets Morning Call: June 2, 2022
Industry developments highlight continued growth and demand for crypto Short-term pullback in major crypto tokens keeps them within broader consolidation pattern Chipotle will begin accepting
The Digital Assets (DA) Morning call is a brief rundown of the latest developments impacting digital assets through a macro lens.
Industry developments highlight continued growth and demand for crypto Short-term pullback in major crypto tokens keeps them within broader consolidation pattern Chipotle will begin accepting
Crypto industry investment plans highlighted Binance launches venture capital fund Fidelity Digital Assets plans to double headcount The announcements follow comments from FTX and Ripple
Bitcoin and Ether rally; macro backdrop shows some signs of improving Bitcoin and ether register sizeable gains from last week’s lows Macro stresses may be
Bitcoin and Ether chart points; China focus; Fed official on stablecoins Limited drivers put charts/technicals in greater focus for major crypto tokens China officials acknowledge
Fund raising in crypto continues; signals from US yield decline A major crypto investor $4.5 bln for a new fund Lower long-term US yields could
Surveys highlight broadening crypto adoption Central bank surveys show increasing participation in crypto markets Eurozone data and hawkish ECB given euro a lift US dollar
US dollar decline is a noteworthy development for crypto assets ECB tightening expectations rise, supporting the euro at the US dollar’s expense Fiat currency developments
Major crypto assets consolidate amid broader equity market decline US equities fall sharply as corporate profits and margins are squeezed by inflation Bitcoin and ether
Stable coin scrutiny after TerraUSD’s collapse Tether (USDT) market capitalization has dropped 10% in the past week The market cap decline follows last week’s TerraUSD
Crypto regulators take notice Correction in major crypto assets continues A welcome report on the US economy Regulators take notice of last week’s TerraUSD and