CryptoPunk NFT

POKKET: Crypto Market Update (Sep 9)

POKKET: Crypto Market Update (Sep 9)

Bitcoin is a touch softer but basically flat at -1% to $46.3k, ETH is looking better +2.5% to $3510. Movers are IOST +38%, CELR +29%, POLY +12%, FTM +10%, LRC +8%. All the buzz has been around Brian Armstrong’s twitter thread on the SEC threatening to sue Coinbase if they launch their planned lending program, similar to BlockFi — Mark Cuban got vocal and suggested Coinbase sues the SEC for lack of transparency and straight hypocrisy. Alan Howard backed private equity firm 10T Holdings raised $75…
POKKET: Crypto Market Update (Sep 5)

POKKET: Crypto Market Update (Sep 5)

Bitcoin is flat at just around $50k, ETH is softer -1.8% to $3890. Movers are STMX +37%, POWR +32%, IOST +26%, PNT +25%, MATIC +18%, STORJ +16%, POLY +15%, EVX +14%, AXS +13%, OAX +12%, REEF +10%, no standouts on downside. Just when things looked to have cooled off for CryptoPunks, another one goes to sell for $3.9M over the weekend. Despite being 48hrs old, $AGLD is getting hyped on the back of Loot, the latest NFT craze as many projects try to ride the ‘loot-verse’ fantasy — brought to you by …
POKKET: Crypto Market Update (Aug 29)

POKKET: Crypto Market Update (Aug 29)

Bitcoin is pretty much flat at $48.8k, ETH is -1.1% to $3245. Movers are AUDIO +14%, CHR +12%, LRC +11%, BRD +9%, nothing stands out on the downside. Slower news cycle outside of NFTs over the weekend. EtherRock’s NFT code has a bug which allows anyone to mint more for free. CryptoPunks have hit $1B in total sales, as entry into the exclusive club of hodling one of 10k examples goes higher by the day. The NBA star Stephen Curry has dipped his toes into NFTs by purchasing a BAYC NFT for $180k, an…
POKKET: Crypto Market Update (Aug 24)

POKKET: Crypto Market Update (Aug 24)

Bitcoin is a touch higher and was over $50k at one point overnight but has settled at $49.6k for now, ETH is up +3.8% to $3333. Movers are IOST +18%, ENJ +17%, NKN YFII +15%, BNB +13%, LIT +11%, OMG +10%, CHZ DOCK AUDIO +9%, LRC -11%. Tether has started its printing press again after a 2mth hiatus by minting $2B in the past few weeks, helping to explain the recent surge in BTC price despite poor transaction volumes in comparison to prior bull moves. Visa has a “How do you do, fellow kids?” momen…
POKKET: Crypto Market Update (Aug 7)

POKKET: Crypto Market Update (Aug 7)

Bitcoin is +7.4% to $43,350, ETH is up +5.2% to $2900. Movers are FIS +34%, AUDIO +21%, HOT +17%, BZRX +15%, DOCK PNT +13%, DENT +12%, TRU -23%. Brian Brooks has resigned as Binance US CEO after only three months, as pressure mounts on the exchange from regulators. In the latest developments around the US Infrastructure Bill, according to the Washington Post Janet Yellen appears to be the reason for an abrupt change in a Senate debate over the definition of 'broker', pushing to keep it vague. 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 31)

POKKET: Crypto Market Update (July 31)

Bitcoin is +4.5% to $41700, ETH is +2% to $2450. Movers are POWR +42%, LINK +17%, RLC +16%, YFII +14%, PUNDIX +13%, no standouts on the downside. It is looking more likely congress is going to pass the $550B infrastructure bill that threatens to kill the crypto industry by including an amendment to crypto tax collection. If the bill is passed as-is, the provision for crypto tax expands the definition of a broker to tax purposes to cover “any person who is responsible for and regularly provi…