THE WORLD AS WE SAW IT IN NOVEMBER 2024 The World of Cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) rallied as Trump’s election victory fueled the largest monthly gains since February. We might have seen the start of ‘alt-season‘ which has occurred every time Bitcoin’s dominance got weaker. During alt-season Bitcoin loses some of its dominance while other Level-1, Level-2, or DeFi, GameFi, …
THE WORLD AS WE SAW IT IN NOVEMBER 2024 The World of Cryptocurrencies October lived up to the Uptober meme, chiefly driven by bitcoin, which now sports a market dominance of 56.4%. Total crypto market capitalization grew by $130 billion to $2.54 trillion. The second largest cryptocurrency Ethereum (ETH), however, continued its relative downtrend, but in view of up …
THE WORLD AS WE SAW IT IN SEPTEMBER 2024 The World of Cryptocurrencies The Bitcoin price is historically weak in September, reflecting the “September effect” of Wall Street and having been labeled Rektember for that reason. In fact, the Bitcoin price has fallen eight times and risen only three times since 2013, but the September of 2024 has …
Make-it Capital Edition #41 The World of Cryptocurrencies August was one of the weakest months in crypto history. This has a lot of reasons, the most pertinent probably being the end of the yen carry trade. In addition, there was increased regulatory scrutiny, particularly from the US Securities and Exchange Commission (SEC), which led to uncertainty among investors. …
Make-it Capital Edition #40 The World of Cryptocurrencies The World of Commodities In May, the crypto markets returned to greener pastures gaining $170 billion. The most important factor was the surprising green light for the eight ETH spot ETFs, which catapulted ETH up by 25% within a month – more on this later. Both BTC …
THE WORLD AS WE SAW IT IN APRIL 2024 The World of Cryptocurrencies April was a tough month for cryptocurrencies and western stock markets alike. Interest rate cuts that were thought to be certain will either not occur until much later or not at all in 2024. This proved to be poison for all risk-on …
THE WORLD AS WE SAW IT IN MARCH 2024 The World of Cryptocurrencies The World of Commodities The bull continues to charge, even if it encounters more volatile fluctuations. Bitcoin, for example, recorded a maximum drawdown of 15.25%. Nevertheless, the total market capitalization increased by $315 billion, with bitcoin leading the way increasing its market dominance …
Make-It Capital Edition #37 The World of Cryptocurrencies February was one of the best months crypto has ever seen across the board as being documented by above numbers. The new Bitcoin exchange-traded funds (ETFs) recorded a trading volume of more than $10 billion dollars in their first three days on the trading floor. They outperformed every single …
Make-it Capital Edition #36 The World of Cryptocurrencies December was another strong month for cryptocurrencies. The overall market increased by $233 billion to $1.725 trillion. Despite an increase of 12% each both Bitcoin (BTC) and Ethereum (ETH) lost market dominance to other layer 1 networks such as Solana (SOL) and Avalanche (AVA). The hash rate reached new …
Make-it Capital Edition #35 The World of Cryptocurrencies Smart contract platforms such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) have caught up with bitcoin (BTC) this month and produced a solid outperformance — a development the fund bet on even if we were one month early. The hashrate reached another record high, solidifying the Bitcoin network even more which is always very welcome. November …