Highlights:
Thrilled to announce after months of hard work and preparation, we as TreeCap completed the onboarding at Amdax and are good to go with the TreeCap Blockchain Technology Strategy. If you are looking for Secure and Sustainable Digital Assets Investing based on Fundamentals and not on hype; then contact us.
FED decision, US payrolls and tech earnings dominated the newswires this week. Aozora bank (Japan) and New York Community Bancorp getting hammered.
Bitcoin (BTC) hoovering around 43k at time of writing with Chainlink (LINK) outperforming for the week. Contradicting ETH spot ETF timeline reports.
Here we go:
Bitcoin (BTC):
https://www.theblock.co/post/275735/blackrock-spot-bitcoin-etf-gbtc-daily-volume
https://www.dlnews.com/articles/snapshot/bitcoin-volatility-reaches-new-low/
Hope is no strategy:
Ethereum (ETH) spot ETF reports:
https://www.theblock.co/post/275174/sec-ethereum-etf-approval-may-standard-chartered-bank
https://www.theblock.co/post/274853/spot-ethereum-etf-approval-2025-2026-td-cowen
Ethereum Dencun update:
Ethereum “GDP”:
Chainlink (LINK):
AI:
https://www.coindesk.com/markets/2024/02/02/ai-tokens-up-after-meta-beats-analyst-expectations/
https://decrypt.co/214798/ethereum-founder-vitalik-buterin-says-ai-like-player-game-crypto
FED/US Payrolls:
https://www.coindesk.com/markets/2024/01/31/fed-leaves-rates-unchanged-sounds-hawkish-note-on-march/
The probability of a rate cut at the March meeting has dropped significantly from 73% a month ago, down to 34% following the FOMC meeting this week.
Nonfarm payrolls in January indicated continued strong as 353,000 jobs were added last month with unemployment remaining low at 3.7%. The report likely reinforces the path for the Fed to hold interest rates at its next meeting in March as it waits for more evidence of the economy cooling to combat inflation.
Banks:
MK Opinion
We have a lot of contradicting information to digest and up for review especially on the macro front. It’s going to be an interesting year for sure and we will capitalize on the opportunities presented to us.
Coin | Other News:
Coinshares latest digital asset fund manager survey:
FTX:
Qredo (QRDO):
Bitcoin Ordinals sales dip:
Tether (USDT):
https://www.theblock.co/post/275643/jpmorgan-tether-negative-crypto
https://cryptoslate.com/tether-ceo-bashes-jpmorgans-hypocrisy-amid-stablecoin-dominance-concerns/
https://cointelegraph.com/news/tether-posted-record-2-85-billion-profit-q4-driven-treasury-bills
Jupiter (JUP) Airdrop:
Ripple (XRP) wallet theft:
Celsius:
Polygon (MATIC):
US BTC miners:
Solana (SOL):
SUI:
EUR stablecoin:
For Dutchies: Bitpanda leaves NL
Inverse Cramer ETF to shut down:
VISA:
Restaking:
Binance (BNB):
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
Strategy will be available through https://treecap.nl/
The TreeCap funds are structured as an investment fund AIFMD. The manager is registered under the AIFMD Light Regime
Long Only | No Leverage (Spot) | 20-25 liquid digital assets in portfolio | Long-Term Horizon
1.8% Management Fee | 20% Performance Fee | High-water mark;
Press release: https://www.linkedin.com/feed/update/urn:li:activity:7148424298364379136/
Phase II (2024-2025): Long-Short Strategy and Fund of Funds (FoF)
Backtest Performance 2023 +78% EUR net return after all fees, Backtest Jan 2024 performance -6.8% net:
*Returns excluding: staking income, additions/deletions, rebalancing, core & satellite trading and including all fees. Source: CoinMarketCap.
Prime Broker through Amdax in which we will have access to professional liquidity providers, staking options as well as institutional grade custody. Amdax is the trusted custodian in the Netherlands, registered with De Nederlandsche Bank and the AFM. Amdax's vault is the first crypto service provider in the EU to achieve the prestigious ISAE-3000 Type-1 audit.
If you would like to express your interest or have any questions, please reach out to us anytime:
mathijs@treecap.nl | investors@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 Government forced BTC selling
FTX / Celsius unwind
Capital Markets in general (China, Credit Event / Yields, FED not delivering)
Escalation in the Middle East, Taiwan-China
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:
7th of Feb: BCNL meet-up Amsterdam: https://www.meetup.com/nl-NL/bcnlfoundation/events/298670703/
Agenda:
Sort by “Conference”:
Tokens:
Unlocks:
Have a wonderful Sunday, and thanks for reading!
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