NFT

POKKET: Crypto Market Update (Aug 31)

POKKET: Crypto Market Update (Aug 31)

Bitcoin is lower -3.0% to $47.1k, while ETH is holding up +0.7% to $3230. Movers are FTM +43%, OGN +21%, YFII +20%, INJ EVX +9%, DEGO -13%, TRU AUDIO -10%, FIS -9%. CREAM Ethereum AMP V1 has been exploited resulting in a loss of roughly $25M between AMP and ETH, by way of reentrancy on the AMP token contract. Binance NFT Marketplace announced a partnership with the State Hermitage Museum to auction off Da Vinci and Van Gogh NFTs. Three Arrows Capital is making a hard move into NFTs, creating a ‘…
POKKET: Crypto Market Update (Aug 30)

POKKET: Crypto Market Update (Aug 30)

Bitcoin is weaker -2% to $48.5k, and ETH -2.6% to $3190. Movers are SAND +30%, DEGO +20%, STMX +16%, TRU +15%, MANA +13%, FET FTM +12%, REN +11%, AST +10%. $400M in ETH has now been burned since the EIP-1559 upgrade, as increased transaction volumes from NFT motivate more burning of transaction fees. CryptoPunks hit $1B in total sales, as the 10k collection continues to exchange hands, and follows the $1B mark set by Axie Infinity. BAYC released a new collection of 20k Mutant Ape NFTs yesterday,…
POKKET: Crypto Market Update (Aug 27)

POKKET: Crypto Market Update (Aug 27)

Bitcoin is softer -3.8% to $47.1k, ETH is following -3.2% to $3120. Movers are DENT KNC -12%, AUDIO PNT FTM LINA -11%, INJ CTSI BZRX TRU NKN LIT OCEAN -10%, rest are basically grinding lower with no standouts on the upside. Bitcoin’s mining difficulty went through a +13.2% adjustment overnight. Ethereum Name Service (ENS) is a new domain service allowing one to use a .com domain to send and receive ETH. The Fidenza line, a collection on Art Blocks with a limited run of 999, now has a report…
POKKET: Crypto Market Update (Aug 26)

POKKET: Crypto Market Update (Aug 26)

Bitcoin dipped overnight but has since recovered and look flat over 24hrs, now at $48k, ETH is -1.3% at $3150. Movers are ALICE +32%, SAND +18%, CHR +13%, POND +11%, EVX DEGO +10%. Circle and Coinbase have announced their stablecoin USDC will now be 100% backed by cash and short-term US Treasuries by this September. Bloomberg reports Facebook is looking to get into the NFT space through its crypto wallet Novi, without giving any specifics on how or when. UK’s FCA (financial boomer regulator) say…
POKKET: Crypto Market Update (Aug 23)

POKKET: Crypto Market Update (Aug 23)

Bitcoin is a touch up to $49.3k, ETH is hanging at $3250. Movers are LRC +54%, OXT +20%, ALPHA +18%, REEF +17%, RLC +15%, CELR +12%, CRV BAND +11%, BAT POND +10%. PayPal is going to roll out crypto services to UK customers this week, allowing users to buy but not transfer out crypto from PayPal. NFT frenzy continues as the latest EtherRock to make new records sold for $600k, literally a cartoon drawing of a grey rock; the cheapest rock available now for sale starts at $1M. Domain squatters are n…
POKKET: Crypto Market Update (Aug 21)

POKKET: Crypto Market Update (Aug 21)

Bitcoin ripped up +5.5% overnight to $49k, now at $48700. ETH is lagging at +3.3% to $3250. Movers are RSR +17%, OCEAN +16%, AKRO +12%, ALPHA LIT REN +11%, CRV BZRX +9%, nothing stands out on downside. In an SEC filing, BlackRock revealed it added another $380M of Marathon Digital, a Bitcoin miner to one of its ETFs. Argo Blockchain, a crypto miner listed on the LSE, filed with the SEC for approval to sell ADS (American Depositary Shares). The SEC has finally managed to fine BitConn(nnnnnn)ect p…
POKKET: Crypto Market Update (Aug 18)

POKKET: Crypto Market Update (Aug 18)

Bitcoin is lower -2.5% to $45.1k, ETH is dangerously close to breaking $3k level, -4.2% to $3045. Movers are BRD +33%, AUDIO +19%, REN +18%, AXS +10%, PNT -11%, CHR UNI GTO CRV -10%, and rest of the alts are down. Galaxy Digital has filed with the SEC for a Bitcoin futures ETF. ETH 2.0 staking contract has finally surpassed wETH to become the single largest holder of ETH, with 210k validators on the network representing 5.7% of circulating supply. Dogecoin foundation returns with Musk as the rep…
POKKET: Crypto Market Update (Aug 17)

POKKET: Crypto Market Update (Aug 17)

Bitcoin is softer -4.9% to $45.8k, ETH is lower -5.6% to $3130. Movers are AUDIO +54%, DODO +19%, FTM +17%, SRM +14%, DENT -11%. PolyNetwork is launching a $500k rewards program on bug bounty platform ImmuneFi following the monumental $600M hack just last week. OpenSea has seen a huge bump in revenue as the second NFT waves hits this year — $1.2B in transactions last month, currently at $800M this month. This basically means OpenSea is now doing more business in a day than they did in all of 202…
POKKET: Crypto Market Update (Aug 10)

POKKET: Crypto Market Update (Aug 10)

Bitcoin is +6.0% to just under $46,000, ETH is +6.4% to $3150. Movers are CTSI +77%, NKN +35%, SXP +19%, AST UMA +17%, CELR +14%, WABI +13%, REEF BZRX +12%, CHZ +11%, nothing on downside stands out. The verdict is out on the US Infrastructure Bill for crypto as the Senate rejects the revised crypto tax provisions. The crypto-friendly amendment failed after Senator Richard Shelby, who is retiring this year, tried to tack on $50B in military infrastructure spending but was voted against, so he vot…
POKKET: Crypto Market Update (Aug 9)

POKKET: Crypto Market Update (Aug 9)

Bitcoin is -1.4% at $43.6k, ETH is softer -4.5% to $2,950. Movers are DENT +13%, MITH FIS -10%. The US Infrastructure Bill vote was delayed to today as the Senate considers two rival amendments that determine which crypto entities must provide customer information to help pay for the $1B cost of the Bill. The Senate votes at noon EDT, or 16:00 UTC. NFT hype continues, as Axie Infinity becomes Ethereum’s first NFT based game to hit $1B in sales according to data from CryptoSlam!; in comparison, N…