POKKET: Crypto Market Update (Oct 6)

2 min readOct 6, 2021


Uptober continues with Bitcoin +4.1% to $51.5k, ETH is +3.7% to $3500. Movers are LINA +15%, DENT +13%, RSR +11%, ANKR STMX CHZ HOT +9%, ADX -11%, EVX POLY -10%.

Axie Infinity creators Sky Mavis closed their series-B round with $152M at a $3B valuation, led by a16z, and other investors including Accel and Paradigm.

USDC issuer Circle has shared they are being investigated by the SEC and received an “investigative subpoena” back in July.

A leading Republican on the House Financial Services Committee (the what?) introduces a bill to establish a ‘safe harbor’ for digital tokens, derived from a proposal from the SEC’s Hester Peirce.

Lawmakers in Brazil are now working hard to establish a regulatory framework to make it easier to invest in Bitcoin and make it a legal payment currency.

Taking inspiration from Volcanode, Colombia is looking to use waterfalls to produce Bitcoin.

The fifth-largest US bank, well, called US Bank, announced it will launch custodial services for Bitcoin.

According to DeFi Pulse, TVL is ticking back up and sits at $91B, as it tries to climb back to September highs of $98B.

Check out today’s interest rates at POKKET and earn interest on your crypto with our crypto savings account.

Like POKKET’s market commentary?
Follow us on Twitter to get the latest news, or email us your thoughts.




POKKET is a new cryptocurrency savings account service to help you earn interest returns on your crypto assets. 6–8% APY on Bitcoin lending, +100 other assets!