POKKET: Crypto Market Update (May 21)
Bitcoin price has come back over $40k, now trading $40500 +7.0%. ETH is up more, now at $2750 +8.0%. Movers are RLC +44%, NKN +24%, CTSI +22%, REEF +20%, SXP +19%, SAND +18%, and rest follow with only TRU down -16%.
An exploit in DeFi protocol PancakeBunny was taken advantage yesterday as the attacker made off with $45M and as a result, crashed the token BUNNY from $145 to $20.
Elon Musk says he won’t sell his DOGE as a mystery whale buys more – DOGE +19% to 39 pennies.
Coinbase is in talks to buy asset manager Osprey Funds, who competes with Grayscale. Thus far, Coinbase has purchased Tagomi, Bison Trails and Skew and has $1.25B in funds from their latest CB issuance.
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