Trakx Digital Assets Newsletter
Weekly News for Institutional Investors
Key Crypto Market Figures
Crypto Tradable Indices (CTIs) Weekly Performance
The Crypto Fear & Greed index reached 30 after several weeks below 20. All Trakx CTIs were in positive territory last week. BTC and ETH prices continued to recover fuelled by both the June record-high inflation levels in the US and recent news that the ETH merge will likely be happening in September 2022. A successful series of testnet merges have indeed reduced the uncertainty that was previously reflected in the price. Consequently, the Trakx Bitcoin Ether CTI showed a performance of 15%. Crypto markets enter a more tense week with another key monetary decision by the Fed, on Wednesday.
Trakx sources: Coingecko and AlphaVantage
Market Trends
- Will the Fed prevent BTC price from reaching $28K? CoinTelegraph
- The latest Global Bitcoin Mining Data Review (Q2 2022) is out
- Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS: CoinTelegraph
- Bitcoin Mining Difficulty Drops as Miners Feel the Texas Heat: CoinDesk
- This ‘crypto winter’ is unlike any downturn in the history of digital currencies. Here’s why: CNBC
Trakx News
- Ryan Shea published MAKER DAO TAO research paper
- Lionel Rebibo attended the Adan Crypto & Finance Forum 2022 last week
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.
**Includes simulated performance.
***The risk signal is determined according to the historical volatility level, the higher the riskier.
Trakx is a global fintech company creating new standards for digital asset investments. Through our trading platform, we offer thematic Crypto Tradable Indices (CTIs) and customised solutions, providing sophisticated investors a high degree of compliance, custody and liquidity. Trakx is registered with the French regulator (AMF).
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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