Bitcoin

POKKET: Crypto Market Update (July 18)

POKKET: Crypto Market Update (July 18)

Bitcoin is up 2% at $32100, while ETH is higher +5% to trade at $1975. Movers are PUNDIX +31%, SUSHI +17%, YFII +10%, AXS -9%, and rest are in between. In a 'wtf?' headline, El Salvador is looking to potentially launch a national stablecoin; this follows after their decision to make vaccines mandatory in the country, which many in the cryptosphere criticised. Dolce & Gabbana has partnered with the digital marketplace UNXD to launch a collection of NFT wearables called 'Collezione Genesi'. Ot…
POKKET: Crypto Market Update (July 10)

POKKET: Crypto Market Update (July 10)

Bitcoin is +4% to $34k, ETH is up 3% to $2150. Movers are AXS +40%, SNX +25%, MITH +24%, SAND +21%, ALICE +19%, and rest follow behind with no standouts on the downside. The SEC is now targeting Long Blockchain Iced Tea company for insider trading as evidence shows a few have illegally profited from the pivot of the iced tea company to blockchain. Crypto.com is the first exchange to be approved to offer bank transfers in Malta. A Block.One subsidiary, Bullish, is going public through a $9B …
POKKET: Crypto Market Update (July 2)

POKKET: Crypto Market Update (July 2)

Bitcoin is -4.5% to $33200, ETH is -7.2% to $2100. Movers are OXT +19%, STMX +15%, POWR POLY +14%, DENT -10%. Space Karen tweets more about nonsense, this time about 'baby Doge' with parody lyrics to the infamous song 'baby Shark', and pumping other useless information out. These days it is profitable to buy a shitcoin named after his tweets, for example 'baby Doge' and dump it soon after, as scammers are extremely quick to create a memecoin post-tweet. Although, many have noticed irregular move…
POKKET: Crypto Market Update (June 29)

POKKET: Crypto Market Update (June 29)

Bitcoin is flat at $34250, while ETH is ripping up +7% to $2080. Movers are COMP +21%, INH STMX +19%, BAL +16%, with the rest mostly following in positive territory. Cathie Wood's ARK Invest joins the Bitcoin ETF race as they file with the SEC and join the waiting list behind WisdomTree, Fidelity and VanEck. Jack Dorsey is hinting at a potential crypto tie-in for Tidal with Jay-Z, after Square's acquisition of the company back in March. The most boomer news this morning comes from the UK, as the…
POKKET: Crypto Market Update (June 27)

POKKET: Crypto Market Update (June 27)

Bitcoin is up 2.8% to trade $32.8k, ETH is the same trading at $1870. Movers are SNM +19%, CTSI +12%, and rest are quiet trading within +/-6% range. Slower news day, with only a few headlines. Bitcoin hash rate has recovered and is up some 5% since the China crackdown, as mining farms quickly relocated to North America and Kazakhstan; hash rates appear to only be -1.7% YoY. CoinDesk is reporting a senior FRB official has called Tether a risk to the stability of the financial system in a presenta…
POKKET: Crypto Market Update (June 26)

POKKET: Crypto Market Update (June 26)

As $4B worth of options expired yesterday, BTC crashed -9% to now trade $31.8k, while ETH is -8.3% to $1825. Movers are POLY +13%, ALICE BZRX TRU -13%, rest are surprisingly tame. Japan's finance regulator, FSA, has sent another warning letter to Binance saying they are operating without registering with them; as Binance doesn't have an HQ, this notice will most likely be ignored again. The CIO of Guggenheim has said on CNBC that Bitcoin could dip to $10-15k this cycle and trade sideways for a c…
POKKET: Crypto Market Update (June 25)

POKKET: Crypto Market Update (June 25)

Bitcoin is +4% to $34.5k, ETH still just shy of $2k trading $1980 +2%. Movers are CRV +12%, OST -20%, rest are within +/-5% range. Paraguay announces a bill to make Bitcoin legal tender in the country, and will also encourage green mining. NYC Mayoral candidate Eric Adams has declared he wants to make NYC a "center for Bitcoin", echoing what Andrew Yang said in Feb. Jack Dorsey is launching an online conference designed to educate institutions about Bitcoin called "the B word" - it will feature …
POKKET: Crypto Market Update (June 24)

POKKET: Crypto Market Update (June 24)

Bitcoin look healthy as it trades $33.5k +3% overnight, and ETH is just shy of $2k +4%. Movers are ANKR +40%, ALICE +21%, GRT +19%, YFII +18%, OST CELR +14%, and rest follow with no standouts on the downside. Lots of WTF headlines this morning, to start - Biden says US citizens have no chance to rebel against the government as he has nukes and F-15s so having the right to hold guns is not meaningful. John McAfee was found dead in his Spanish prison cell after Spain's courts approved his extradit…
POKKET: Crypto Market Update (June 23)

POKKET: Crypto Market Update (June 23)

Lots of emotions flaring as Bitcoin price broke $30k overnight but has rebounded back to $33800, +3% in 24hrs. ETH looks flat at $1950 despite going through the same rollercoaster, though there was a large bid in the late-afternoon. Movers are ADX -21%, ALPHA POLY -18%, BZRX -17%, INJ -16%, STMX TRU FIS -15% with the rest following mostly lower. Best performer on the day is MKR, +7%. DOGE looks flat at 18 pennies. MicroStrategy's most recent bond issue (due 2028) drops 2pts below par, while…