NFT

POKKET: Crypto Market Update (Aug 6)

POKKET: Crypto Market Update (Aug 6)

Bitcoin is +1.8% to $40.2k, ETH +3.6% to $2800 after the London hard-fork. Movers are TRU +240%, FIS +117%, INJ +19%, DLT +18%, AST +17%, POND +14%. Ethereum’s London hard-fork initiated without any large disruptions and services are starting to implement the upgrades — uptake of the new chain is ~1%, which is anticipated to slowly ramp up to eventual full adoption. Ethan Allen, the furniture maker, is dropping their stock ticker $ETH after lots of confusion and pamping of th…
POKKET: Crypto Market Update (Aug 3)

POKKET: Crypto Market Update (Aug 3)

Bitcoin price is softer -2.4% to $39.3k, ETH is humming along +1% to $2625. Movers are BQX +19%, NKN +10%, rest are zzz. All eyes on the US Infrastructure bill as the crypto clause gets updated, but its 'not good enough' according to insiders. Many politicians who are advocates of not only crypto, but for technological innovation, are voicing their concerns and constituents are getting active. The final bill's language around crypto reads now: "any person who is responsible for regularly providi…
POKKET: Crypto Market Update (Aug 2)

POKKET: Crypto Market Update (Aug 2)

Bitcoin corrected -6% to $39,700, ETH is doing better -2.5% to $2550. Movers are ANKR +16%, ALICE -12%, AXS -11%, rest in between. Cryptwit abuzz with more NFT hype as volumes and revenues thus far in 2021 put the space as a contender in the ecommerce space - estimated revenues YTD are some $1.5B, if including CryptoPunks. Speaking of which, the founder of an NFT videogame lost 16 CryptoPunks and a bunch of ETH after falling prey to a scammer. CryptoPunks as a whole have seen prices rise 53% ove…
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 1)

POKKET: Crypto Market Update (July 1)

Bitcoin is -3% to $35k, while ETH is up +4% to $2250, comfortably above $2k. Movers are NMR AXS +20%, POWR +18%, TRU +15%, and the rest follow mostly higher, no big standouts on the down side. Binance reinstates faster payments withdrawals for UK customers, amidst the drama surrounding regulators around the globe trying to attack the HQ-less company. Twitter dropped a collection of NFTs ran on Ethereum, although Jack Dorsey made it clear on the platform he will not invest in ETH, staying loyal t…
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 17)

POKKET: Crypto Market Update (June 17)

Bitcoin is -4% to trade back to $38.5k after having tried to hold on to $40k this week. ETH is lower, -6% to $2350 as alts correct. Movers are SNM +19%, GTO -11%, and rest in between as vol continues to relax. Everyone's favorite printing man, Jerome Powell, gave a press conference post-FOMC yesterday with the message the current bump in inflation is temporary and is due to the country's emergence from the pandemic. He also added the bump in inflation may last longer than they expect but gave no…
POKKET: Crypto Market Update (June 13)

POKKET: Crypto Market Update (June 13)

Bitcoin is flat trading at $35.5k, ETH is outperforming with +5% to $2400. Movers are DLT +16%, DOCK +14%, SNM +10%, ALICE SAND -11%, and rest are mixed in between. Biggest headline this weekend is the lock in of privacy focused Taproot upgrade to Bitcoin, as miners activated the protocol which obscures complicated transactions and lowers transaction fees - the upgrade is set to go live in November. Thailand's SEC orders exchanges to delist meme coins, which include Doge and Cumrocket, NFTs, exc…
POKKET: Crypto Market Update (June 9)

POKKET: Crypto Market Update (June 9)

Bitcoin price is -2.5% to $33000 after recovering from a 10% drop yesterday, while ETH is -5.4% to $2465. Movers are GTO +40%, OST +15%, CRV +10%, and rest are mixed between +/-7%. More Latin American countries are joining the movement created by El Salvador in embracing Bitcoin, with many politicians and influencers from the region changing profiles to laser eyes. Paris Hilton joins an Ethereum NFT project, Origin, as their advisor. Data from Chainalysis shows investors from the US made $4B in …