News

New Year and New Face: Homepage Design Update

New Year and New Face: Homepage Design Update

With the year 2020 coming to an end (phew!), we're greeting the new year with a new face. Our homepage now has a new design! Head over there and check it out! We're working on further improvements on the UI front, so stay tuned for more updates. This year has been a tremendous year of growth for us and we thank all our customers for the support and love. To sum up some of our achievements this year: Over $8 million deposits made360% APY worth of interest paidListed 40+ new tokens to earn interes…
POKKET Weekly News: The Week In Crypto (26 Oct-1 Nov)

POKKET Weekly News: The Week In Crypto (26 Oct-1 Nov)

Last Week's Market Summary Bitcoin$13,525.56 (+3.55%)Ethereum$388.62 (-4.28%)Total Market Cap$396.56B (+0.14%) Bitcoin Realised Volatility34.39 (-3.03%)Bitcoin Dominance63.2% (+3.19%)S&P 5003,269.96 (-5.64%) Bitcoin touched $14,000 last week, now residing comfortably at $13,500 levels. BTC volatility has been creeping up since mid October, but down week-over-week. Since breaking $13,000 levels, BTC seem to be intent on leaving ETH in the dust, with BTC dominance now at levels last seen in Ju…
POKKET Weekly News: The Week In Crypto (27 Jul–2 Aug)

POKKET Weekly News: The Week In Crypto (27 Jul–2 Aug)

Bitcoin broke through the $10,000 barrier this week, surging as much as 20% to briefly touch $12,000. Ethereum also shot up as much as 30% to $400 levels, highest in 2 years. With the increased volatility in BTC and ETH, our interest rates have also risen. Speaking of ETH, Ethereum turned 5 on July 30. Here's a look back on its half a decade of history, the 3 largest companies building on Ethereum, and what happened to its 8 co-founders since then. In other news, Et…
POKKET Weekly News: The Week In Crypto (20–26 Jul)

POKKET Weekly News: The Week In Crypto (20–26 Jul)

Volatility is starting to come back to the crypto market. Bitcoin price tried $10,000 levels, rising as much as 9% from $9,200 levels at the start of the week. Ethereum price however, rose 33% to $310 levels this week on the back of the DeFi theme, which is also leading to highest Ethereum network fees in 2 years. In other news, Apple co-founder Steve Wozniak and 17 other fraud victims sued YouTube and Google for allowing, promoting, and profiting from bitcoin giveaway scams. On the other hand, …
POKKET Weekly News: The Week In Crypto (13–19 Jul)

POKKET Weekly News: The Week In Crypto (13–19 Jul)

A quiet week for the crypto markets, as Bitcoin and Ethereum prices barely moved with low volumes. Bitcoin stayed around $9,200 for most of the week, only moving in $200 range, while Ethereum only traded in $10 range. Altcoins started to quiet down as well, with only few alts making big jumps. The low volatility environment can be seen reflected on our interest rates. In other news, a massive Twitter hack targeting over 130 popular accounts including Bill Gates, Jeff Bezos, E…
POKKET Weekly News: The Week In Crypto (6–12 Jul)

POKKET Weekly News: The Week In Crypto (6–12 Jul)

Bitcoin volatility remained low throughout the week, with its price moving between a narrow band of $9,000 - $9,400 throughout the week. The crypto market seems to have lost interest with its main cryptocurrency, for a mini altcoin boom. In other news, various altcoins surged in price this week, as part of the altcoin season heating up further. The Shiba Inu meme-based Dogecoin reached new highs amid almost 2,000% volume surge, thanks to a TikTok video. Now it's ranked 29 on CoinMarketCap, …
POKKET Weekly News: The Week In Crypto (29 Jun–5 Jul)

POKKET Weekly News: The Week In Crypto (29 Jun–5 Jul)

Bitcoin volatility declined further this week, to its lowest level in more than a year. Prices moved between a narrow band of $9,000 - $9,300 throughout the week, with a thin volume also at its lowest in a year.We've added Chinese language on our platform this week. You can now choose between English and Chinese from the top right menu.In other news, a man recently raised $20,000 on Ethereum by tokenizing himself. Now he wants his investors to vote on his life choices. W…
POKKET Weekly News: The Week In Crypto (22–28 June)

POKKET Weekly News: The Week In Crypto (22–28 June)

Bitcoin volatility declined to levels before the March market crash, while altcoins continue to catch fire with the help of DeFi token rallies. Driven by the narrative that most of these DeFi tokens are based on Ethereum, ETH volatility remained slightly higher than BTC.In other news, the much anticipated “the largest options expiry in history” for bitcoin was a disappointment for market participants. Crypto market analysts have been focused on watching the $1 billion bitcoin options contra…
POKKET Weekly News: The Week In Crypto (15–21 June)

POKKET Weekly News: The Week In Crypto (15–21 June)

Bitcoin volatility declined further this week, as it kept $9,400 level throughout most of the week. Altcoin season is still going strong however, as we now have 17 tokens out of 36 earning triple digit interest rates due to increased volatility in altcoins.In light of the Eidoo ($EDO) token upgrading and renaming to pTokens ($PNT), we have temporarily halted $EDO deposits on POKKET, starting from 17 June 07:00 UTC until 22 June 07:00 UTC, to prevent any issues.In other news, we've reac…
POKKET Weekly News: The Week In Crypto (8–14 June)

POKKET Weekly News: The Week In Crypto (8–14 June)

Altcoin season is accelerating further, while Bitcoin volatility reaches 3-month low as it hovers around $9,500 level throughout the week. It took another shot at $10,000 but was thwarted once again. However, we now have 17 tokens out of 36 earning triple digit interest rates due to increased volatility in altcoins. In other news, someone paid $5.2 million in transaction fees for two ether transactions totaling $82K, two days apart. Leading to many guessing whether it was intentional or a b…