POKKET: Crypto Market Update (Sep 19)

crypto news, bitcoin price

Bitcoin is +2.3% to $48.3k, ETH is +1.4% to $3430. Movers are SRM +16%, YFII +11%, DEGO +9%, POLY -7%.

Coinbase has signed a $1.4M contract with the US Homeland Security to provide the Immigrations and Customs Enforcement branch with blockchain analytics software.

An overlooked provision for digital assets in the latest US Infrastructure Bill may force receivers of crypto to report to the IRS who sent it to them, for every transaction over $10k and not doing so within 15 days would be a felony.

Alabama’s securities regulator is now looking into Celsius Networks, following NJ and Texas.

Even though Solana has taken a breather, there is a flood of projects launching on the protocol — Parrot, an algorithmic stablecoin, MatrixETF, a decentralised ETF platform, Larix, a lending protocol, Flippies, a sold-out NFT penguin collection, and many more.

Fun fact, 100 years ago Henry Ford proposed he would replace gold with energy currency to break the banking elites’ grip on global wealth and end wars. “The essential evil of gold in its relation to war is the fact that it can be controlled. Break the control and you stop war.”

Check out today’s interest rates at POKKET and earn interest on your crypto with our crypto savings account.

Like POKKET’s market commentary?
Follow us on Twitter to get the latest news, or email us your thoughts.