crypto investment

POKKET: Crypto Market Update (Aug 28)

POKKET: Crypto Market Update (Aug 28)

Bitcoin rebounded overnight to $49k, +4.2% and ETH is back to $3275, +5.1%. Movers are SRM +14%, REN +12%, FTM +11%, DENT 1INCH +9%, and rest are in between. a16z is openly discussing effective ways to exit on their crypto investments (IPO equivalent in the normie world), one by which is called ‘token delegation’ where delegation refers to the process where a token holder transfers their on-chain governance rights to others. Twitter’s @jack is planning to build a decentralised Bitcoin exchange t…
POKKET: Crypto Market Update (Aug 13)

POKKET: Crypto Market Update (Aug 13)

Bitcoin is down -2.6% to $44.5k, ETH is -3.6% to just holding at $3k. Movers are NKN +20%, BZRX -9%, rest are calm but look lower for the most part. Reddit is now going through a Series F round, raising $410M at a $10B valuation, with their pitch being a go-to market for Ethereum based crypto token rewards program for community members. Reddit was valued at $6B back in February, and with Fidelity sniffing around for Series F, the $410M raise could be $700M — nice to have 52M DAU. Coinbase has am…