POKKET: Crypto Market Update (June 1)
Bitcoin up +7% to $37700 while ETH is much higher +15% to $2700. Movers are PNT +35%, REN +23%, RSR +22%, ANT +20%, LINK +19%, AAVE +18%, and rest are higher as well, no standouts on the downside.
Ex-head of China’s digital Yuan effort says CBDCs could operate on Ethereum.
Bitcoin saw the third largest monthly drawdown in its history, coming in -36% for May vs. -40% back in Sep11 and -37% in Nov18. Average Bitcoin transfer fees hit lowest level since January of around $7.
Singaporean bank DBS issues $11M in a new tokenized bond, part of an STO. This follows a trend set by Santander, SocGen and the World Bank which have all issued blockchain based bonds in recent years.
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