Digital Assets Weekly: March 6th, 2020

Mar 6, 2020 • 8 Min Read


Market Analysis:

  • Crypto markets rebounded modestly this week and remain the best performing asset class YTD.

Portfolio Strategy:

  • Crypto Emerging Markets are influenced by broader financial conditions but its idiosyncratic drivers and macro market cycle mater most long term.

Winners & Losers

  • Winner: Tron's founder Justin Sun who executed a hostel takeover of Steem's decentralized social media network.
  • Loser: Bitmex after the FCA issued a notice that the firm has been operating in the U.K. without permission.

Weekly Rant:

  • Ripple CEO saying Proof of Work (PoW) is a 'Massive Waste' of Energy makes me cringe.

Financing Activity:

  • Arweave raised $8.3M for its permanent internet content storage service.
  • AlphaPoint raised $5.6M for its crypto infrastructure business.

Recent Research:

Market Analysis

Bitcoin rose modestly by 4.5% on the week, partially recovering last week’s losses and bringing its year to date return to 27.6%. Stocks and other risk assets sque...

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Reports you may have missed

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 1/1

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 1 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In