POKKET: Crypto Market Update (June 15)
Bitcoin is just above $40k now, +3% and ETH is just at $2600, +4%. Movers are 1INCH +24%, OGN +19%, rest are within +/-10% range as vols on alts subside.
MicroStrategy is exploring the possibility of selling $1B of stock to buy more Bitcoin, after having locked in ~$0.5B from the recent straight bond issuance.
Every finance boomer’s favorite trader, Paul Tudor Jones, went on TV yesterday saying he is geared up for ‘crazy’ inflation driven by the Fed, and adds “The only thing I know for certain, I want 5% in gold, 5% in Bitcoin, 5% in cash, 5% in commodities”. The remaining 80% he is unsure of where to park it until he sees what the Fed is going to do.
Kim Kardashian is the latest to hop on the EthereumMax token and blasted her 228M followers yesterday with an ad; the token has a supply of 2Q (quadrillion) and has no whitepaper or further info.
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