POKKET: Today’s Market Commentary (January 18)

Bitcoin & Ethereum basically look flat on a 24h basis, but overnight both dipped and recovered ~5%; $36370 & $1250 respectively. Movers are ANT +41%, 1INCH +26%, ENJ +22%, REN LINK +17%, ZRX +15%, WABI DOCK +14%, VALUE LRC +13%, LRC +12%.

Guggenheim CIO reiterates his call, made before Christmas, of Bitcoin hitting $400k saying we’re ‘moving into a speculative frenzy’. Bloomberg reports wall street CFOs are more wary of putting company funds into BTC after the 30% correction last week – time to send it instead.

Grayscale smashing records, raising $700M in a day marking its largest daily asset raise ever. The digital asset manager now has $27.1B AUM, compared to $2B at the start of 2020.

Ripple is looking for a Director of Engineering for its RippleX platform. As for its suit with the SEC, a pretrial conference on the case is set for 22 Feb.

Check out today’s interest rates at POKKET.


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