Recap Week44 2024: Bitcoin only Party
Mathijs Kriek,CAIA
Portfolio Manager Blockchain Technology Strategy @ TreeCap | Owner @ M2tK | Chartered Alternative Investment Analyst (CAIA)
Highlights:
Trump trade/hype fuelling Bitcoin towards all-time highs until the party was crashed by the Nasdaq closing at sessions halloween lows on Thursday the 31st. Altcoins in general underperforming resulting in BTC dominance increasing (highest since 2021). US Payrolls much lower than consensus and blaming it on the weather/strikes with strong moves in USD and US 10Y.
Mammoth capital raise plan by Microstrategy.
Here we go:
BTC:
ETH:
US Payrolls:
Microstrategy (MSTR) announces $42 billion (21/21) capital plan:
MK Opinion
Regarding MSTR - Bitcoin; What could possibly go wrong….. The $21 billion at-the-market equity raise would be the largest single offering ever in the stock market. Or Michael Saylor is realizing that Bitcoin needs to be a Decillion (learned that term from the Russia Google fine this week) USD in order to stay secure. Or he should read our research paper: “What you really need to know about Bitcoin” available on request: [email protected]
Also seems that the elections have already been decided when looking at market (Bitcoin) behaviour at least until last Thursday.
All about US elections and FOMC next week so volatility guaranteed.
Coin | Other News:
Boerse Stuttgart Digital:
Infinex (developed by Synthetix (SNX)):
Phantom Wallet:
Stacks (STX):
Consensys (MetaMask):
Kraken - Optimism (OP):
Circle (USDC):
dYdX:
Celestia (TIA):
Chainlink (LINK):
Stablecoins - US Treasuries:
Starknet (STRX):
Nillion (backed by NEAR amongst others):
Coinbase Earnings:
领英推荐
Solana (SOL):
Archax:
Ondo Finance (ONDO) - Wellington Management
Immutable X (IMX) Wells Notice:
Tether (USDT):
Tron (TRX):
UBS tokenized money market fund:
21shares files for XRP ETF:
Actively Managed Strategy:
Guiding principles:
MKs Short Term Risk Report:
The week ahead by Nomura and Livesquawk:
For headlines and breaking news; Follow me on Twitter/X @M2tK_C
Upcoming Events:
Will be attending the following conferences/events:
Agenda:
Tokens:
Unlocks:
Source:
Have a wonderful weekend, and thanks for reading!
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