POKKET: Crypto Market Update (June 14)
Bitcoin is ripping higher +9% to $39k, ETH is following behind +5% to $2500. Movers are FTM +15%, KNC +14%, GRT ALICE GTO +13%, AAVE +12%, DLT -13%, with rest in between.
Another day, another Elon Musk tweet as this time he confirms TSLA only sold the initial 10% to ‘test liquidity’ with the remaining still on the books. He added Bitcoin payments would resume once the share of renewable energy used in mining is above 50%.
The SEC doesn’t seem too preoccupied with crypto at the moment, as they have filed for a two month extension on internal docs on BTC, ETH and XRP, and released its regulatory agenda for the spring and summer with crypto nowhere to be found; they’re focused on SPACs.
Nvidia’s CEO, in an interview with Venturebeat, said he believes “we’re right on the cusp” of a blockchain-based augmented reality metaverse and spoke kindly of NFTs.
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