Elon Musk

POKKET: Crypto Market Update (July 22)

POKKET: Crypto Market Update (July 22)

Bitcoin rebounds to $32k +8.3%, ETH is +12.7% to just shy of $2k. Movers are AXS +43%, MATIC +31%, SAND +20%, ZRX ALICE +17%, BZRX LINA AAVE +15%, nothing stands out on the downside. The entire crypto market rebounds after a two day slump being interrupted by "The B Word" conference hosted by @jack. Elon went on the live conference to discuss his stance on Bitcoin, along with sharing Space X is a hodler and he personally owns ETH. Whether this rebound is sustainable remains to be seen, but the e…
POKKET: Crypto Market Update (July 20)

POKKET: Crypto Market Update (July 20)

Bitcoin grinds lower to $30.7k, down -3.5% while ETH goes down -5.2% to $1800. Movers are AUDIO -17%, CELR ALICE -15%, FIS -14%, no standouts on the upside. Crypto seems to have moved lower along with broader markets, as the S&P traded -1.4% on the day, a -3.7% move from 14 July; a rare dip in the perpetual up-only machine. US Treasuries have dipped below 1.2%, with many asking who besides the Fed is buying? Elon Musk is finally going to talk to Jack at the 'The B Word' conference, where man…
POKKET: Crypto Market Update (July 13)

POKKET: Crypto Market Update (July 13)

Bitcoin is -3.8% to $33k, ETH is -5.3% to $2035, barely holding on to $2k level. Movers are PUNDIX +12%, SAND -13%, AUDIO -12%, rest are in between and quiet. Some think the sink in crypto is due to the upcoming June CPI report, waiting for the inflation numbers to print. Binance was dropped by European payment processor Clear Junction, which will stop processing transactions for the exchange following Barclays and Santander. Goldman Sachs calls Coinbase a 'Tactical Trade' as it predicts the exc…
POKKET: Crypto Market Update (July 8)

POKKET: Crypto Market Update (July 8)

Bitcoin is down -2.1% at $33400, while ETH is -1% at $2280. Movers are SAND +30%, AXS +28%, RLC +27%, MANA +21%, ALPHA +14%, LINA -10%, and rest are in between. With all the FUD circulating on Tether, which has even CNBC talking about the concerns, the stablecoin is now looking for a 'Reputation Manager' to fight criticisms. Elon Musk is now looking at potentially a $100M hit as the BTC crash dents their MTM, partly the fault of, well, the Musk after his green energy mining FUD and liquidity tes…
POKKET: Crypto Market Update (June 28)

POKKET: Crypto Market Update (June 28)

Bitcoin is ripping up +9% to $34.5k, ETH is +9% to $1950. Movers are LRC +35%, CTSI +23%, REEF +17%, NKN +15%, ADX -14%. Ricardo Salinas is making the rounds on Crypto Twitter, as the third richest man in Mexico who has embraced Bitcoin and is working to make his bank, Banco Azteca, the first in the country to start accepting BTC. Binance cannot do business in the UK no longer, and is pulling out of Ontario from the province's overreaching securities laws; it appears to be a globally coordinated…
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 18)

POKKET: Crypto Market Update (June 18)

Bitcoin is softer -1% to $38k, ETH is flat at $2350. Movers are FTM +14%, BZRX +11%, rest are within small range with lowest at -5%. Space Karen got triggered by Bitcoin Magazines interview with Kraken CEO, where he says Elon needs to do more research on the amount of green energy Bitcoin mining uses - CT sent along plenty of data, charts, tables and numbers to try and convince the DOGE king. Speaking of DOGE, SHIB lost -12% as Coinbase delays the listing of the knock-off of the knock-off of Bit…
POKKET: Crypto Market Update (June 14)

POKKET: Crypto Market Update (June 14)

Bitcoin is ripping higher +9% to $39k, ETH is following behind +5% to $2500. Movers are FTM +15%, KNC +14%, GRT ALICE GTO +13%, AAVE +12%, DLT -13%, with rest in between. Another day, another Elon Musk tweet as this time he confirms TSLA only sold the initial 10% to 'test liquidity' with the remaining still on the books. He added Bitcoin payments would resume once the share of renewable energy used in mining is above 50%. The SEC doesn't seem too preoccupied with crypto at the moment, as they ha…