Kraken

POKKET: Crypto Market Update (Aug 25)

POKKET: Crypto Market Update (Aug 25)

Bitcoin is softer -2.6% to $48k, ETH is lower -3.6% to $3200. Movers are SNM +19%, RSR +11%, FTM BZRX YFII DODO -10%, FIS ENJ AUDIO CHR -9%. Blockstream has raised $210M in a $3.2B Series-B round led by Baillie Gifford and iFinex (parent co of Bitfinex + Tether) to expand into manufacturing mining chips. Amid the stablecoin wars, Paxos rebrands to ‘Pax Dollar’ and the ticker will change to ‘USDP’ for easier recognition, the company blogged. Sperax is a new stablecoin which natively pays yields, …