Ethereum

POKKET: Crypto Market Update (July 17)

POKKET: Crypto Market Update (July 17)

Bitcoin price is softer -0.7% at $31.3k, ETH is also -1% to $1900. Movers are BAT +12%, UMA +11%, ALICE -17%, DEGO CHR LIT -15%, AUDIO DODO -14%. Janet Yellen will meet with top regulators for a discussion on stablecoins next week, with a particular focus on Tether; turns out the FUD wasn't unwarranted after all. Anthony Di Iorio, one of the eight Ethereum co-founders, is going to sell his firm Decentral and quit crypto all together to focus on larger problems and step away from being a 'crypto …
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 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 (July 7)

POKKET: Crypto Market Update (July 7)

Bitcoin price is flat to trade $34k, ETH is +3% to $2300. Movers are AXS +38%, ALPHA +30%, DODO +29%, LINA +20%, ALICE SAND +18%, nothing stands out on the downside. FinCEN has appointed its first Chief Advisor for crypto, Michele Korver, who previously worked for the DoJ. Total NFT sales volumes for the first half of 2021 has hit $2.5B. China's central bank forced a shutdown of a software-maker over alleged crypto trading, stating the company "was suspected of providing software services for vi…
POKKET: Crypto Market Update (July 6)

POKKET: Crypto Market Update (July 6)

Bitcoin price is -4.3% at $33800, while ETH is -5.2% at $2200. Movers are SNX +25%, ALPHA +15%, AAVE +10%, AXS -10%, and rest are in between for Pokket listed tokens. Bitcoin.org has been hit with a DDoS attack, with the attackers demanding a ransom of (pinky in mouth) '0.5 BTC'. The REvil syndicate hit again last Friday, with ransomeware across US companies demanding for $70M worth of BTC - the penetration started at Kaseya, an IT firm, then moved on to its clients, attacking hundreds of f…
POKKET: Crypto Market Update (July 5)

POKKET: Crypto Market Update (July 5)

Bitcoin price is flat, trading at $34.5k after almost reaching $36k overnight. ETH leads the way +2.5% to $2260, after almost touching $2400. Movers are COMP LINA +23%, ALICE +21%, AXS +20%, SNX +18%, ALPHA +17%, BAL DOCK +15%, with no standouts on the downside. Ernst & Young released a set of tools called Nightfall 3 last week in an attempt to reduce fees on Ethereum, without giving up the current level of privacy. A pleasant surprise for those using Coinbase (do you exist?!), as the compan…
POKKET: Crypto Market Update (July 4)

POKKET: Crypto Market Update (July 4)

Bitcoin is slightly up +2.5% to $34.5k, ETH is also 2.5% to $2200. Movers are AXS +34%, GRT +14%, OMG +11%, AAVE SAND +10%, nothing on the downside stands out. Bitcoin mining difficulty fell by 28% overnight, the largest drop in history as the impact of China's recent crackdown echoes through. Spot volumes on Coinbase are close to the low levels recorded back in Dec20 in USD terms; under 8k BTC traded in past 24hrs - worth noting Tether has not printed anything in the past month. Newsflow and vo…
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 22)

POKKET: Crypto Market Update (June 22)

Bitcoin is holding up, relatively speaking, as the crypto takes a dump - trading $31750, -11%. ETH broke $2k level and is at $1875, -16%. Movers are DOCK -30%, STMX IOST -25%, POND FIS DODO PUNDIX -24%, and the rest follow with no one token up in the Pokket universe. The FUD seems to have come from China, as the PBOC says institutions must not provide trading, clearing and settlement for crypto transactions. Another catalyst for the selloff is blamed on Michael Saylor's tweet yesterday on comple…
POKKET: Crypto Market Update (June 19)

POKKET: Crypto Market Update (June 19)

Bitcoin is down -5% to $35.5k, ETH is following -5% to $2250. Movers are BZRX -16%, BAL -12%, TRU GRT GTO -11%, FTM CHZ -10%, rest are pretty tame. No direct news flow to explain the fall in BTC & ETH, however macro indices and commodities were softer on Friday - Nassim Taleb saying on twitter the best short term inflation hedge is cash as initially asset prices collapse after rates go up. Dave Portnoy's twitter account is suspended, while Peter Schiff was whining to @jack about not getting …