Trakx Digital Asset Newsletter

Newsletters Jul 05, 2021

Weekly news for Institutional Investors

Trakx offers sophisticated digital investment strategies for institutional investors and experienced traders. We do that by providing digital-asset index products on a platform with compliance, custody, and liquidity needed by large investors.

Crypto Traded Indices (CTIs) Weekly Performance

Bitcoin stabilised around $35K last week while Ether was gaining traction, recovering from previous weeks’ sell-offs. Trakx CTIs have bounced back as well: Lending (+35%) increased thanks to Compound in particular, (COMP +70% over the week) after it had lost 70% since its peak in May.

Sources: Coingecko and AlphaVantage

  • EY Releases Nightfall 3 — Protocol aims to bolster private and affordable ethereum transfers: Bitcoin.com
  • ETH Hits 2-Week High in anticipation of London hard fork in July: Finance Magnates
  • Global bitcoin mining data survey confirms the use of sustainable power mix: WealthMonaco
  • Here's what cryptocurrencies will look like in 50 years according to experts: CNBC
  • EY Releases Nightfall 3 — Protocol aims to bolster private and affordable ethereum transfers: Bitcoin.com
  • Bitcoin supply held by ‘whale entities’ hits two-month high in bullish sign: Coindesk
  • Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?: Cointelegraph

Aave, Fireblocks and Galaxy explore next steps toward permissioned DeFi: Coindesk

Trakx News

Trakx CTIs Performance

Sources: Coingecko and AlphaVantage

*Trakx CTIs calculations take into account backtest simulated performances calculated since 31 Dec 2019.

**Return of bitcoin is calculated since 01/05/2020, while CTIs performances were calculated since their respective launch date.

***Most NFT protocols are too young to allow calculation of simulated performance prior to February 2021. Trakx Top 10 NFT statistics only include a real track record since 31 March 2021.

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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Carole Laizet

Senior marketing manager with 15+ years of experience in the Financial Industry (traditional Banking as well as Crypto Assets). Responsible for market research @trakx.io