POKKET: Today’s Market Commentary (February 22)

Bitcoin & ETH are stable, both -1% to $56950 & $1910. Only real mover is HOT -10%, others are within +/-5% range in Pokket universe.

Bit of a slower news day. Bitcoin is now more expensive than a kilogram of gold. Two whales withdrew about $1B worth of BTC from Coinbase to unknown wallets. But unlike gold, they didn’t have to use any trucks to so that.

Speaking of Coinbase, it fetched a valuation of $100B, up from last week’s $70B handle, which is more than ICE, CBOE, CME and Nasdaq.

DeFi TVL hangs around $42.7B, as BSC and now HECO start to come up.

Check out today’s interest rates at POKKET.


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