POKKET: Crypto Market Update (Oct 25)


24-Hour Crypto Prices:

BTC – $62,012.02 +0.8% πŸ“ˆ

ETH – $4,135.02 -0.3% πŸ“‰

BNB – $481.47 -1.1% πŸ“‰

LINK – $30.19 -1.5% πŸ“‰

Fantom surged over 90% in the last 30 days, outperforming the likes of Solana, Avalanche and Polkadot.  A few reasons for all the excitement on Fantom is the upcoming NFT bridge from AnySwap and the consistent support of Yearn Finance founder, Andre Cronje. Cronje’s first project deployment off Ethereum was to Fantom.   

Worldcoin aims to onboard more people into crypto by handing out free coins to anyone who scans their eyes.  Images of users’ irises will then be translated into code and the picture will be deleted.  While the project has big backers including Andreessen Horowitz, Sam Bankman-Fried and Reid Hoffman, many critics are concerned with privacy data created from the project.  

Coinbase spent nearly $800K on lobbying in 2021’s third quarter to increase influence.  Coinbase has become one of the biggest crypto spenders in Washington.  

NFT artist Fidenza auctioned off $7M worth of NFTs that haven’t been minted yet.  Buyers spent 1,800 ETH for β€œgolden tokens” redeemable for his next NFT collection, β€œIncomplete Control.”

NFT collector DeeZe shared a way to fractionalize NFTs from ERC-721s into ERC-1155s.  This allows for 1/1 NFTs to be broken into as many copies as the owner would like. 

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

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