Bitcoin ETF

POKKET: Crypto Market Update (Oct 26)

POKKET: Crypto Market Update (Oct 26)

24-Hour Crypto Prices: BTC - $63,053.90 +1.7% 📈 ETH - $4,235.17 +2.3% 📈 BNB - $487.30 +1.1% 📈 LINK - $32.17 +6.8% 📈 Mastercard partners with Bakkt to allow merchants and banks to offer cryptocurrency services into their offerings. Customers will also be able to collect and spend loyalty rewards in cryptocurrency. Bakkt shares surged 230% after announcing the partnership.  Terraform Labs and co-founder Do Kwon are suing the SEC after he was issued a subpoena while attending Messari's Mainnet…
POKKET: Crypto Market Update (Oct 20)

POKKET: Crypto Market Update (Oct 20)

24-Hour Crypto Prices: BTC - $63,841.23 +3.2% 📈  ETH - $3,853.89 +1.6% 📈 LINK - $26.02 +0.2% 📈 BNB - $484.37 -1.5% 📉 BITO, the first U.S. Bitcoin ETF reached $1 Billion trading volume on the first day.  Based on first-day trading volume, this would rank the ETF as one of the highest ever. On the same day as the launch of the first U.S. Bitcoin ETF, Grayscale starts the process for a physical Bitcoin ETF with the NYSE. Polkadot founder Gavin Wood announced a $777 million development fun…
POKKET: Crypto Market Update (Oct 4)

POKKET: Crypto Market Update (Oct 4)

Bitcoin is flat but tried to make a run for $50k overnight. ETH is relaxed at $3415. Movers are ADX +48%, AXS +22%, APPC +12%, POLY +10%, CRV +9%. DEX spot volume to CEX volumes were 6.67% for September which is a decline from August’s 7/54% according to TheBlock. Compound took another hit as someone took advantage of the drip() Compound Reservoir, sending $69M of COMP to Comptroller — four users managed to syphon $22M out of this. Community devs knew of this bug, but could not implement a fix d…
POKKET: Crypto Market Update (Sep 16)

POKKET: Crypto Market Update (Sep 16)

Bitcoin is +1.5% to $48k, ETH is +5.3% to $3600. Movers are REN +30%, FTM +23%, SUSHI +15%, CHR +11%, SNX CRV +9%, CELR -10%. The Solana team announced they have successfully completed a restart of Mainnet Beta after the 1.6.25 upgrade, although network delinquency is around 18%. A failed attack on Ethereum occurred which managed to temporarily divert 0.8% of nodes to a non-canonical chain two days ago, with 550 blocks published with invalid PoW — all affected nodes have successfully merged back…
POKKET: Crypto Market Update (Sep 13)

POKKET: Crypto Market Update (Sep 13)

Bitcoin price is volatile today, moving between $46.9k and $44k within an hour's span, ETH is also trading between $3390 and $3150. Movers are CELR +40%, AST +35%, OCEAN +14%, LINA +12%, TRB +9%, FTM -9%. Knock-offs in NFTs run rampant, and many are unhappy about the latest culprits, called Solanapes, a Solana-based NFT collection inspired by BAYC and SolPenguins, which look similar to Pudgy Penguins. PunksOnSolana also look like copies of CryptoPunks, which some are comparing to buying a ‘fake …
POKKET: Crypto Market Update (Sep 10)

POKKET: Crypto Market Update (Sep 10)

Bitcoin is flat at $46.5k, ETH is softer -1.7% to $3450. Movers are POND +325, SRM +24%, CRV +20%, AUDIO +16%, CELR +13%, STMX +12%, AST +11%, LINA REN OMG +10%. The SEC has delayed the ruling on VanEck’s Bitcoin ETF yet again, this time extending the decision to November 14th which is almost an entire year since VanEck’s initial application back in December 2020. Cardano is set to launch its smart contracts this weekend as part of its Alonzo network upgrade. Ukrainian Parliament passed a law ye…
POKKET: Crypto Market Update (Aug 11)

POKKET: Crypto Market Update (Aug 11)

Bitcoin is -0.6 at $45.6k, while ETH is +1% to $3160. Movers are AXS +46%, ALICE +22%, BQX +14%, BAND HOT +13%, FET AKRO +12%, CND CHR CRV BRD +10%, CTSI -13%. In one of the largest crypto hacks in history, $600M of TVL was syphoned from PolyNetwork overnight. Security experts and forensics are hard at work to find the path of the hack, with some saying its an inside job and others calling a security flaw in the multi-sig setup. Either way, the hacker has managed to convert some of the $600M alr…
POKKET: Crypto Market Update (Aug 6)

POKKET: Crypto Market Update (Aug 6)

Bitcoin is +1.8% to $40.2k, ETH +3.6% to $2800 after the London hard-fork. Movers are TRU +240%, FIS +117%, INJ +19%, DLT +18%, AST +17%, POND +14%. Ethereum’s London hard-fork initiated without any large disruptions and services are starting to implement the upgrades — uptake of the new chain is ~1%, which is anticipated to slowly ramp up to eventual full adoption. Ethan Allen, the furniture maker, is dropping their stock ticker $ETH after lots of confusion and pamping of th…
POKKET: Crypto Market Update (Aug 4)

POKKET: Crypto Market Update (Aug 4)

Bitcoin price is softer again -2.4% to $38.4k, ETH is also down -4.2% to $2500. Movers are YFII +26%, LINA +18%, OAX DEGO +15%, RSR +11%, rest are relatively calm. The big headline this morning is from SEC Chairman Gary Gensler's speech at the Aspen Security Forum, saying he believes the vast majority of crypto tokens and ICOs violate US security laws and are all securities. He adds, "I believe we have a crypto market now where many tokens may be unregistered securities, without required disclos…
POKKET: Crypto Market Update (July 27)

POKKET: Crypto Market Update (July 27)

Bitcoin is up +8.5% to $37.6k while ETH is +3.5% to $2250. Movers are DENT ANKR +18%, HOT +16%, SNX +15%, LIT +14%, MATIC +13%, CHR -18%, DEGO -17%, ALICE -15%. About $1B in shorts were liquidated yesterday and volumes picked up as BTC quickly ramped to $40k but failed to hold. Many point to the Amazon payment in Bitcoin 'news', which naturally they denied, or Tesla's earnings call but data shows a potential rotation from USDT to other stablecoins which ended up seeing, for example, BUSD print $…