POKKET: Crypto Market Update (July 5)

crypto news, bitcoin price

Bitcoin price is flat, trading at $34.5k after almost reaching $36k overnight. ETH leads the way +2.5% to $2260, after almost touching $2400. Movers are COMP LINA +23%, ALICE +21%, AXS +20%, SNX +18%, ALPHA +17%, BAL DOCK +15%, with no standouts on the downside.

Ernst & Young released a set of tools called Nightfall 3 last week in an attempt to reduce fees on Ethereum, without giving up the current level of privacy.

A pleasant surprise for those using Coinbase (do you exist?!), as the company went on a hiring blitz and added an army of support staff to keep up with customer complaints.

The RSA Conference is taking a beating on twitter as their blog promoted a post suggesting the beloved internet protocol TCP/IP be replaced with blockchain; security experts were especially triggered.

According to Coindesk and glassnode, Bitcoin supply held by whales (entities with 1k ~ 10k BTC) are at two-month highs, suggesting more are hodling and pulling supply off exchanges.

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


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