POKKET: Crypto Market Update (Aug 21)

crypto news, bitcoin price

Bitcoin ripped up +5.5% overnight to $49k, now at $48700. ETH is lagging at +3.3% to $3250. Movers are RSR +17%, OCEAN +16%, AKRO +12%, ALPHA LIT REN +11%, CRV BZRX +9%, nothing stands out on downside.

In an SEC filing, BlackRock revealed it added another $380M of Marathon Digital, a Bitcoin miner to one of its ETFs.

Argo Blockchain, a crypto miner listed on the LSE, filed with the SEC for approval to sell ADS (American Depositary Shares).

The SEC has finally managed to fine BitConn(nnnnnn)ect promoters for a total sum of $12M for illegally raising $2B in unregistered securities.

VanEck and ProShares had filed for Ethereum futures ETFs earlier this week, but both withdrew their applications without clear reasons, but many speculate the SEC must have hinted them there is little chance for approval just yet.

Vine’s (the O.G. Tik-Tok) co-founder is now getting into NFTs through a new project to make playable video games as Ethereum NFTs.

Check out today’s interest rates at POKKET and earn interest on your crypto with our crypto savings account.

Like POKKET’s market commentary?
Follow us on Twitter to get the latest news, or email us your thoughts.