Bitcoin

POKKET: Crypto Market Update (Sep 15)

POKKET: Crypto Market Update (Sep 15)

Bitcoin is +4.4% to $47k, ETH is +3.5% to $3415. Movers are TRU +26%, CRV +24%, CELR +22%, REN +21%, AAVE +18%, SUSHI COMP +16%, UNI +13%, PNT +12%, LINK +11%, ALPHA POND YFII +10%, FTM SRM -10%, AST -9%. Bitcoin Core devs have announced the release of the 22nd version of the client, the first major release to support the upcoming Taproot protocol upgrade, expected to activate in November. Taproot expands Bitcoin’s smart contract flexibility while enhancing its scalability and privacy. Solana de…
POKKET: Crypto Market Update (Sep 8)

POKKET: Crypto Market Update (Sep 8)

Crypto is correcting as a whole, BTC is -10% to $47k, ETH is -12% to $3440. Movers are SXP -29%, DODO -28%, AKRO BZRX OGN ALICE -25%, LIT ALICE POND GTO DENT LINA REEF TRU CHR -24%, and rest of the list continues much the same, only ones up are AST +30%, FET +15%. The week looks to have played out with ‘buy the rumor, sell the news’ as the much anticipated El Salvador launch of Bitcoin as legal tender started over night. Tether minted $1B USDT two days ago which helped the pamp but sadly the gai…
POKKET: Crypto Market Update (Sep 7)

POKKET: Crypto Market Update (Sep 7)

Bitcoin is inching up +1% to $52.4k, ETH is still trying to break the $4k barrier looking flat overnight. Movers are CND +21%, FET +18%, INJ FTM +15%, MTH +12%, APPC -8%. A twitter campaign, from the likes of Michael Saylor and r/Bitcoin, urges believers in Bitcoin to buy ahead of the launch of El Salvador’s official use of BTC as currency starting today. Citizens of El Salvador who signed up for the state sponsored crypto wallet Chivo will be eligible for an airdrop of $30 worth in Bitcoin. Ple…
POKKET: Crypto Market Update (Aug 22)

POKKET: Crypto Market Update (Aug 22)

Bitcoin is flat at $48.8k, ETH is the same at $3240. Movers are ALICE +26%, INJ +25%, FTM +19%, DEGO +18%, UMA CHZ +14%, SAND +12%, ENJ +11%, no standouts on the downside. Neuberger Berman, which has $400B AUM, has internally approved a move into Bitcoin, with one of its smaller funds now earmarked up to 5% of its $164M AUM into BTC. New DeFi protocol Luna Yield has gone dark with roughly $7M, as the devs have ghosted the community and ‘investors’ fear the worst has happened. Japan’s Liquid Glob…
POKKET: Crypto Market Update (Aug 16)

POKKET: Crypto Market Update (Aug 16)

Bitcoin is +0.8% at $47.6k, ETH is up 1.2% to $3300. Movers are CHR +28%, SRM PNT +13%, DENT -10%. SEC records, revealed on Friday, show smaller wealth managers have been picking up Grayscale’s Bitcoin investment trust, minor examples include Clear Perspective Advisors, Ancora Advisors, Parkwood and other multi-billion dollar funds. Dark web devs have created a tool to let criminals check how clean their own BTC is, called Antinalysis, which helps launder coins and shows how risky it is to hold …
POKKET: Crypto Market Update (Aug 9)

POKKET: Crypto Market Update (Aug 9)

Bitcoin is -1.4% at $43.6k, ETH is softer -4.5% to $2,950. Movers are DENT +13%, MITH FIS -10%. The US Infrastructure Bill vote was delayed to today as the Senate considers two rival amendments that determine which crypto entities must provide customer information to help pay for the $1B cost of the Bill. The Senate votes at noon EDT, or 16:00 UTC. NFT hype continues, as Axie Infinity becomes Ethereum’s first NFT based game to hit $1B in sales according to data from CryptoSlam!; in comparison, N…
POKKET: Crypto Market Update (Aug 8)

POKKET: Crypto Market Update (Aug 8)

Bitcoin is +2.0% to $44,000, ETH continues to climb, now at $3100 +6.5%. Movers are ALPHA +19%, ZRX +17%, OXT +16%, DODO +11%, UNI +10%. $30M in Ethereum has been burned over the past two days post-EIP-1559 implementation. The entire crypto market is being lifted up after the London hard-fork on Friday, despite all the major developments in the US Infrastructure Bill which goes to a vote over the weekend. Brian Armstrong of Coinbase made a tweet thread explaining the dangers to in…
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 2)

POKKET: Crypto Market Update (Aug 2)

Bitcoin corrected -6% to $39,700, ETH is doing better -2.5% to $2550. Movers are ANKR +16%, ALICE -12%, AXS -11%, rest in between. Cryptwit abuzz with more NFT hype as volumes and revenues thus far in 2021 put the space as a contender in the ecommerce space - estimated revenues YTD are some $1.5B, if including CryptoPunks. Speaking of which, the founder of an NFT videogame lost 16 CryptoPunks and a bunch of ETH after falling prey to a scammer. CryptoPunks as a whole have seen prices rise 53% ove…
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…