POKKET: Today’s Market Commentary (December 22)

Bitcoin & ETH stable here, both down about 2%, $22915 & $615. Movers are CHZ +32%, PNT -12%, APPC -11%, MTH CND -10%.

Anthony Scaramucci’s $9B Skybridge Capital has filed a Reg-D form for a Bitcoin fund. David Rosenberg, founder of Rosenberg Research (don’t worry, we had to google him too…) implied Bitcoin is a bubble, and cryptwit replied in kind with Boomer memes.

Ledger was hacked a months ago and as a result customers’ home addresses were leaked; there will be no reimbursements, despite countless clients now being harassed and even threatened to send money to scammers.

Traditional markets were stable, SPX -0.4% and FAANGs -0.1%. VIX is at 24.2v, DXY back down to 90.1 and Gold stuck at $1875.

TSLA -6.5% on the first day of its SPX debut as rumors of Apple’s project Titan, an electric car, is going to release Q3 2021. Apple Car anyone?

Check out today’s interest rates at POKKET.


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