STRIX LEVIATHAN
December marked a difficult month of trading with the markets opening the month with 30%+ drawdown in just two days before spending the rest of the month bouncing around on high volatility and minimal directional bias. With the exception of LUNA & MATIC both...
The positive sentiment churning at the beginning of Q4 experienced a sharp reversal in November. Bitcoin set a new ATH during the month before retracing to a low of $53k marking yet another significant drawdown on the back of a new ATH. Although it was a down month...
Like clockwork, the market turned bullish to kick-off Q4 as BTC shot up 26% in the first week of the month, eventually setting a new all-time-high of ~$67k. It was a mixed month for L-1s as ETH posted a 43% return and DOT a 53% return; meanwhile, ADA was down 7% and...
The September woes we’ve seen in recent years once again manifested as the market lurched from one large run-up and deep drawdown to the next on the back of 100% annualized volatility. Despite a late-month rally, Bitcoin traded down -7% with the rest of the majors...
The momentum that began in late July extended into August as the crypto asset class again eclipsed $2 trillion in market capitalization (yet still below its peak of $2.4 trillion in mid-May). The month brought notable performance from layer-1 smart contract platforms...
It was a tale of two months as prices continued to slide in the first few weeks of July before an end of month rally. While Bitcoin and Ethereum were up 19% and 11% (respectively), the results were mixed as about half of the assets that we trade finished down on the...
Nico Cordeiro (CIO of Strix Leviathan) discusses the current state of the market alongside investment professionals from Galaxy/Vision Hill, Albourne, and The O’Brien Investment Group. Hosted by the Meg Bode of The Talking Hedge.
The month of June saw a large divergence between large-cap markets and mid-to-small cap markets as BTC and ETH spent the majority of the month consolidating in the low $30ks and $2ks, re-spectively. While BTC and ETH were down 6% and 16%, the majority of other...
May was a tumultuous month with Bitcoin leading the entire market down 50%+ from the highs puncturing confidence in the extremely bullish sentiment of recent months. Bitcoin ended the month down (37%) with Ethereum faring slightly better down just (6.3%) on...