POKKET: Today’s Crypto Market Commentary (March 18)
Bitcoin recovers overnight after the Fed’s dovish message to keep rates low until 2023, and is even comfy with a little negative yield. BTC +4.5% to $59k, ETH is up a touch to $1820.
Movers are BAT KNC +21%, LRC +14%, MANA AST +13%, DENT +11%, SNM -12%, RLC -11% in Pokket universe.
Coinbase has ditched the traditional roadshow to boomers in favor of doing an AMA on Reddit. Kraken is now eyeing a 2022 direct listing, joining the IPO party.
Chinese firm Meitu has bought $49M more in Bitcoin, now holding $90M in crypto. Morgan Stanley is the first big bank to offer Bitcoin to HNW clients through Galaxy Digital’s fund and two others.
DeFi TVL still healthy at $44.5B as we get closer to the Berlin hardfork.
Check out today’s interest rates at POKKET and earn interest on your crypto.