POKKET: Crypto Market Update (May 2)

crypto news, bitcoin price

Bitcoin price today is a touch softer -0.9% to $57700 while ETH is making its way towards $3k, up +6% to trade $2940. Movers are AAVE MKR +13%, APPC COMP +11%, OAX SRM BQX +10%, SNM -19%, DLT -12%, SXP -10% in Pokket listed tokens.

Bill Maher trashed crypto as a ‘ponzi’ in a 10min rant on HBO’s Real Time; he raises the hypocrisy of TSLA fighting to cut the world’s CO2 output while at the same time investing into the energy-intensive Bitcoin. For a good laugh: https://www.youtube.com/watch?v=HaJpYjO136o.

BNB has set a new ATH of $637 after Binance announced they will get into the NFT marketplace game. XRP dropped -4% as Ripple dumps $1.6B from its escrow account.

Bitcoin’s Taproot upgrade kick-started, which is a soft fork improving scripts to increase privacy and improve factors related to complex transactions, meaning reduced times and fees for everyone; Bitcoin miners have 3 months to jump aboard.

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.