POKKET: Today’s Market Commentary (March 6)

Bitcoin & ETH keep flexing back and forth as BTC continues to flirt with $50k. BTC +2.8% to $48400, ETH +3.6% to $1530. Movers are WABI HOT +22%, GLM DOCK +13%, OST BRD +10%, OGN -14%, MANA -10% in Pokket universe.

Ethereum has solidified EIP-1559 release for July, a fork post-POS to change how transaction fees work which will reduce the mining rewards.

NFT boom continues with the latest releases by Quavo, 2 Chainz and Lil Baby drop for the NBA all star weekend. Mark Cuban is saying to boomers, “get over the lack of physical ownership”; sounds eerily similar to “you’ll own nothing and be happy”.

DeFi TVL just shy of $40B now.

Check out today’s interest rates at POKKET.


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