Highlights:
Triple Witching on Friday with the digital asset market experiencing its sharpest decline of the year after Bitcoin reached a new all-time high for the fifth time in just seven days. Excess leverage again….. Hearing also a fund blew up on a Long BTC - Short MSTR spread. ETH upgrade successful. Solana (SOL) coins ripping.
The S&P 500 fell Friday and posted its second-straight weekly loss, with tech stocks particularly feeling the heat as inflation concerns linger ahead of next week's Federal Reserve policy meeting. Investor concerns rose after a raft of data showed inflation rising more than economists expected, helping push the benchmark 10-year Treasury yield (US10Y) 21 points higher this week, raising questions about whether inflation has cooled enough for the Fed to cut interest rates this June.
There’s intense speculation that the Bank of Japan will raise interest rates for the first time since 2007, ending the world’s last negative rate.
Here we go:
Bitcoin (BTC):
https://www.coindesk.com/markets/2024/03/15/bitcoin-tumbles-to-67k-as-asia-begins-trading-day/?
https://cryptoslate.com/bitcoin-hits-new-73-6k-all-time-high-as-etf-influx-surpasses-1-billion/
https://www.theblock.co/post/282572/jpmorgan-bitcoin-rally-propagated-gold
Ethereum (ETH):
Solana (SOL):
https://www.theblock.co/post/282692/solana-market-cap-hits-all-time-high
https://decrypt.co/221448/solana-weighs-significant-changes-network-demand
Leverage:
Memecoins:
MK Opinion
Feels more like a Duck run than a Bull run… What could possibly go wrong…Memecoins all over the place. Not sustainable. Correction was healthy on Friday/Saturday.
However a lot of exciting and serious developments. Keep on building (see below a few announcements).
Coin | Other News:
Metamask - Mastercard:
Goldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized Assets:
Digital asset clearinghouse ClearToken:
Crypto.com:
Bybit - Mexc in HK:
Congratulations to the D2X team:
Exciting developments DUSK and NPEX:
LSE to accept BTC amd ETH ETNs applications:
(desperate) US Senators Urge Gensler To Halt Crypto ETF Approvals, Citing “Enormous Risks”:
Blast mainnet stopped:
Berachain:
Metis:
The Graph (GRT):
Cosmos (ATOM):
Pancakeswap (CAKE):
Arbitrum (ARB):
Fireblocks - Zodia
Archax - Talos:
Icoinic-Coinmerce (Dutch fund and platform):
Coinbase (COIN):
Microstrategy (MSTR):
https://finance.yahoo.com/news/microstrategy-inc-executive-chairman-10-061657162.html
https://finance.yahoo.com/news/michael-saylors-microstrategy-prices-upsized-130140707.html
TreeCap Blockchain Technology Strategy: Secure Sustainable Investing
The crypto landscape in 2024 promises a dynamic and transformative journey. As institutional involvement grows, technology advances, and novel ideas emerge, the industry is set to overcome challenges and redefine the future of finance and technology. From maturing tokenization projects to the integration of blockchain into physical infrastructure, the future holds exciting possibilities for the crypto and blockchain space. Crypto: From Speculation → Utility → Fundamentals
Feb24 model portfolio return +54.7%*
* Returns until March2024 excluding: staking income, additions/deletions, rebalancing, core & satellite trading and including all fees. Source: CoinMarketCap.
If you have any questions, please reach out to me anytime:
mathijs@treecap.nl | Mobile: +31655003160
Tel: +31208204710 | Visiting Address: Beursplein 5 Amsterdam. The Netherlands
MKs Short Term Risk Report:
Justin Sun (TRON, Huobi)
SEC / Regulatory
USDT
US Gov / Celsius / Genesis unwind
Capital Markets in general (China, Credit Event / Yields, FED not delivering)
Escalation in the Middle East, Taiwan-China
Euphoria, Parabolic Gains, Meme coin Frenzy, excessive leverage
The week ahead by Nomura and Livesquawk:
https://www.nomuraconnects.com/focused-thinking-posts/the-economy-next-week/?
https://www.livesquawk.com/report/special_ls-focus-on-the-week-ahead
Upcoming Events:
Will be attending the following conferences/events:
N/A
Agenda:
Tokens:
Unlocks:
Have a wonderful Sunday, and thanks for reading!
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