Digital Assets Weekly: March 6th, 2020
Mar 6, 2020
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Summary
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 (P...