Crypto Managing the Cycle: Crypto Fund Update – Q1 2021 The first quarter of 2021 was action-packed for the crypto markets, as Bitcoin hit new highs every month, finally topping at the last local high of ~$61,500 in March. The fund saw major growth across the portfolio which was more pronounced in DeFi and a number of longer term
Crypto Rotate and Consolidate: Crypto Fund Update – Q4 2020 Q4 2020 was all about rotating and consolidating the portfolio into stronger conviction positions with risk in mind. We took profits where we needed to and rebalanced. We also recently wrote our Q4 update for the Seed Fund, which you can read here. We are now focused on three main
Crypto Yearn Finance (YFI) – Overview/Thesis As mentioned in our previous Crypto Fund update, we acquired a substantial position of Yearn Finance (YFI) back in July 2020, shortly after its launch. We believe Yearn will be a primary gateway to hook into a large portion of the top DeFi yield strategies. With the traditional finance world
Bitcoin Mandelbrot Markets Bitcoin has breached previous support levels and dropped to a new ~$3,500 low on 11/25/2018. As of writing this, Bitcoin is back above $4,000 and could find some temporary support before another definitive move in either direction. This feels like the 8th inning of substantial selling.
