Trakx Digital Asset Newsletter
Weekly News for Institutional Investors
Trakx.io offers highly advanced digital-asset investment products for institutional clients and sophisticated individual investors. These instruments, called Crypto-Traded Indices (“CTIs”) are available on the Trakx.io platform, which delivers the high degree of compliance, custody, and liquidity required by large investors. Trakx.io is a ConsenSys backed company.
Key Crypto Market Figures (Mar 7th)
Crypto Traded Indices (CTIs) Weekly Performance
Digital assets have erased gains they’ve made until last Wednesday ending up with overall flat performance for last week: Trakx Top 10 Crypto Index posted a 0.1% weekly performance.
Trakx diversified (-5%) is the worst performer of the week due to the negative trend of API3 (-12%).
Sources: Coingecko and AlphaVantage
Market Trends
- Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender: Cryptoslate
- How the Ukraine conflict became a turning point for cryptocurrency: NBCNews
- Bitcoiners were right: weaponized finance just created a post-dollar planet: CoinDesk
- Why did bitcoin surge so much against the ruble?: CoinDesk
- How are crypto execs reacting to economic sanctions against Russia?: Cointelegraph
- Ukraine uses donated crypto to pay for military supplies — Government says $50 Million in crypto raised in a week: Bitcoin.com
Trakx News
- Trakx recommends Wealth Monaco’s article - Bitcoin’s indirect carbon emissions via its mining network
- All CTI factsheets are updated as of the end of last month: CTI performances
Trakx CTIs Performance
Sources: Coingecko and AlphaVantage
*Return of bitcoin is calculated since 01/05/2020, while CTIs performances were calculated since their respective launch date.
Disclaimers: No Investment Advice. Index returns and statistics are for illustration only. Index returns do not reflect any transaction costs or expenses. Past performance does not guarantee future results. The information provided in this newsletter does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the newsletter content as such. Trakx.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Readers shall conduct their own due diligence and consult their financial advisors before making any investment decisions.
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