POKKET: Today’s Market Commentary (February 12)
Bitcoin +6% to $47800 & ETH +2.5% to $1785. Movers are DENT +140%, ENJ +40%, BAT +36%, YFII SOC +26%, and the rest in Pokket universe are up as well outside of AKRO -7%.
PayPal’s crypto payments are coming to the UK some time this year. The firm is also looking to become the distributor of CBDC. Argentina’s governor of Catamarca submitted a proposal to create a digital peso to the country’s President.
Bitcoin Lightning Network continues to grow in the gaming space as more game devs are following the path CS:GO has paved, with fun knock-offs ‘LightNite’ and ‘Bitcoin Rally’ gain attention.
DeFi TVL now $39.6B, inches away from $40B.
In traditional markets SPX, FAANGs, Gold, Silver, USDJPY, all zzzzzzzzzzzzzzzzzzz. Sounds like they need some stimulation.
Check out today’s interest rates at POKKET.