Highlights:
February stuns, net. return +54.7%: Crypto tokens remain in pursuit of all-time highs while TradFi indices set new ones!
Big Wall Street impact, Bezos rumors, Coinbase down, Memecoins, Crypto Records in February and Lending TVLs:
Here we go:
Bitcoin (BTC):
https://www.theblock.co/post/280065/blackrock-ibit-spot-bitcoin-etf-10-billion-aum
https://cryptobriefing.com/bank-of-america-merrill-and-wells-fargo-offer-bitcoin-etf/
https://cointelegraph.com/news/riot-platforms-chip-shortage-bitcoin-obstacles-risk-to-profitability
Ethereum (ETH):
https://cryptonews.com/news/ethereums-tvl-breaches-50-billion-as-defi-activity-ramps-up.htm
https://blockworks.co/news/ethereum-devs-debate-account-abstraction
JPM on Crypto (article in Dutch):
Crypto February Records:
https://www.theblock.co/post/280056/crypto-records-february-2024
https://www.theblock.co/post/280150/bitcoin-futures-open-interest-hits-all-time-high
Memecoins:
and some brutal short squeezes so a lot is derivatives (leverage) related:
TVL Lending:
First Qatar rumors (unfounded) and now this:
MK Opinion
ETF inflows don’t lie (supply vs demand), JP Morgan turning positive but with the annoying memecoins going berserk, Restaking hype, AI hype, unfounded rumors and funding rates exploding, we are perhaps ahead of schedule. Staying cautious as challenges remain. Will have some ammo if and when pullback but overall well positioned.
Coin | Other News:
Worldcoin (WLD):
SEC vs Kraken:
More Kraken:
Gemini:
Ondo Finance (ONDO):
March Unlocks:
TON:
Arweave (AR):
Hedera (HBAR) - Pyth:
Ethena (USDe):
Blast:
Justin Sun (TRON/HTX):
HSBC and tokenization:
Bitforex:
Microstrategy (MSTR):
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
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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