POKKET: Today’s Crypto Market Commentary (April 20)
Bitcoin price is -2.6% to trade $55050. ETH is softer to -5.5% trading $2140. Movers are DLT +12%, RLC MKR +11%, OGN -15%, UMA -13%, AKRO SUSHI SNM CRV -12%, and rest follow in Pokket listed tokens.
The DOGE crowd has declared 4/20 as DogeDay, hoping the memecoin will first hit $0.69 (nice) then $1. DOGE is now the 4th largest crypto by market cap, eclipsing XRP.
Three Ethereum ETFs got approved last week in Canada, which one of them, Evolve, is waiving the 0.75% management fee to end of May21.
OKEx has added Lightning Network deposits and withdrawals, which will significantly drop transaction fees and wait times.
DeFi TVL cooled off after the weekend, now sitting at $55.5B.
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