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POKKET: Crypto Market Update (July 30)

POKKET: Crypto Market Update (July 30)

Bitcoin s flat at $40k and ETH is +3% to $2350. Movers are POWR +61%, POLY +25%, BZRX +18%, FET +16% with nothing on the downside standing out. Rep. Ted Budd, a member of the Congressional Blockchain Caucus, was a speaker at the 'Maker Speaker Series' sponsored by MakerDAO, and said Washington is scared of crypto and DeFi with some calling it "basically a financial 9/11". $1.5B in options expires today on Deribit, with the 'max pain price' at $35k and Put/Call ratio at 0.86, with bulls looking t…
POKKET: Crypto Market Update (July 29)

POKKET: Crypto Market Update (July 29)

Bitcoin is +1.8% to trade just at $40k, ETH is flat at $2300. Movers are LINA +15%, RSR +11%, POWR +10%, otherwise quiet. Senator Warren makes more comments in a segment on CNBC, reiterating much of the same but also let slip up she feels digital currency "may be an answer to help the unbanked into the financial system". New Jersey is giving BlockFi another month before they ban new account openings. PayPal's Q2 crypto related transaction revenues rose 17%, topping earnings estimates. Bitcoin is…