POKKET: Crypto Market Update (Oct 21)


24-Hour Crypto Prices:

BTC – $64,644.60 +1.0% πŸ“ˆ 

ETH – $4,163.70 +7.8% πŸ“ˆ

BNB – $495.74 +2.2% πŸ“ˆ

LINK – $27.34 +4.7% πŸ“ˆ

As many in the industry predicted, Bitcoin has reached a new ATH πŸš€πŸš€ following the ProShares ETF launch. Will this market stay bullish for the remainder of 2021?

DeFi Pulse index breaks past $100B for the first time. This means there is now more than $100B worth of crypto assets staking and earning yield in DeFi projects. 

The Russian oil industry is requesting authorization to redirect wasted flare gas into crypto mining. Russian regulators expect a push from energy firms seeking legislation to mine cryptocurrencies as older industries look to expand profits.

VanEck will launch the second Bitcoin ETF to receive approval from the SEC. The ETF will go live on Monday, October 25, one week after ProShares had the second-biggest ETF debut in U.S. history.

Chinese e-commerce giant JD.com drops NFT series for its annual JD Discovery Conference. This is just the latest high-profile NFT launch in China following McDonald’s 31st anniversary. How long can China continue to hold its anti-crypto stance?

NFTs and fan tokens are finding true utility in the sports industry. Sports NFTs have reached peak interest from traditional sports collector communities. For professional sports teams, fan tokens have been useful at building an unprecedented level of immersion with their fanbases.

Check out today’s interest rates on POKKET and start earning interest with your crypto.

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