POKKET: Today’s Market Commentary (February 4)

Bitcoin +6% to $37500, ETH up a whopping 10% to $1650 making new highs. Movers are UMA +70%, GTO +60%, DENT +30%, AAVE MTH +25%, WABI OMG +19%, ADX +17% in Pokket universe.

Worth mentioning commits to Aave were up 763% YoY. DeFi TVL pamped to $31.8B, a new record high.

Visa is working with Anchorage to roll out an API pilot for bank customers to buy Bitcoin. River Financial has launched a boomer-focused app on iOS, making it easier to buy and manage crypto. A new report from Outlier Ventures shows devs are moving away from Tron, EOS, Komodo to Polkadot, Cosmos and Avalanche, but the true love still remains with Ethereum, namely Dapps (report based off of github data).

In traditional markets DXY, Gold zzzzzzz.

Check out today’s interest rates at POKKET.


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