Trakx Digital Asset Newsletter

Newsletters Jan 31, 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

Most Trakx indices were in recovery mode last week as Bitcoin and Ether both rebounded (BTC+13%, ETH+15%) after the sharp correction of the previous week. Top 10 Crypto lost 1% partly due to Luna’s drop (LUNA- 33%) after anonymous a revelation about the Wonderland project over the week.

The NFT Metaverse index was the best performer (+12%) recovering from the past week due to Flow and Sandbox good performances (FLOW +31%, SAND +25%). The worst performer was Diversifier as Luna weighted for 30% of the Index.

Sources: Coingecko and AlphaVantage

  • How do we solve bitcoin’s carbon problem?: TheGuardian
  • State senator introduces bill to make bitcoin legal tender in Arizona: Coindesk
  • The Promise of DAOs, the Latest Craze in Crypto: NewYorker
  • EU regulator calls for a ban on proof of work Bitcoin mining to save renewable energy: Euronews
  • Meta Reportedly Abandons Diem Stablecoin Project After Intense Government Opposition: ZeroHedge
  • Crypto market surges as Russia and Turkey explore cryptocurrency: Independent
  • 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 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