OpenSea

POKKET: Crypto Market Update (Aug 24)

POKKET: Crypto Market Update (Aug 24)

Bitcoin is a touch higher and was over $50k at one point overnight but has settled at $49.6k for now, ETH is up +3.8% to $3333. Movers are IOST +18%, ENJ +17%, NKN YFII +15%, BNB +13%, LIT +11%, OMG +10%, CHZ DOCK AUDIO +9%, LRC -11%. Tether has started its printing press again after a 2mth hiatus by minting $2B in the past few weeks, helping to explain the recent surge in BTC price despite poor transaction volumes in comparison to prior bull moves. Visa has a “How do you do, fellow kids?” momen…
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…