Trakx Digital Asset Newsletter

Newsletters Jan 24, 2022

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.

Key Crypto Market Figures

Crypto Traded Indices (CTIs) Weekly Performance

A very dark week for crypto markets as Top 10 Crypto lost 22% over the week. The Fear and Greed Index shows extreme fear, following the crypto ban announcement by Russia and a decline in equities.

The NFT Metaverse index was the worst performer (-35%), partly due to Immutable X (IMX) and Gala (GALA) both down by 40%.

Sources: Coingecko and AlphaVantage

  • Russia's central bank is proposing a ban on the use and mining of crypto: Euronews
  • BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash: Cointelegraph
  • Bitcoin slumps to $35,000 as cryptocurrencies extend steep losses: CNBC
  • Bitcoin whales stay away even as technical indicator flashes oversold: Coindesk
  • NYC mayor Eric Adams converts first paycheck to bitcoin and ether via Coinbase: Bitcoin.com
  • Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets: YahooFinance
  • Now is perfect time for retail investors to gain crypto exposure, says Stash CEO: CNBC

Trakx News

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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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