Invictus Capital: Weekly Wrap 26.11

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Market News

Markets were already showing signs of resurgent pandemic worries early in the week, with indications of major waves brewing in Europe and the US. Thursday saw these fears reach new highs as the South African Health Ministry announced the discovery of a new variant with significantly more mutations than any seen before. Within a week it has already come to dominate cases in the densely-populated Gauteng province of the country, displacing the Delta variant and signalling potentially greater transmissibility and/or vaccine resistance. Markets have responded to the developments by selling off risk assets — especially equities exposed to a new round of lockdowns.

Gold and equities bled Monday to Thursday on dollar strength, rising bond yields, and a flattening yield curve — but Thursday’s variant news drove an acceleration of the equity sell-off and saw gold rebound, while the bond market moves earlier in the week were completely erased. Some market commentators are bracing for what could be viewed as a brand new pandemic — with central banks and government policy makers between a rock and a hard place as inflationary forces continue to course through the global economy.

The crypto markets had a steady week leading into Friday, with Bitcoin touching $60k at one point. As with traditional markets, this changed on Friday, with the downward trend in recent weeks finding an extension and BTC trading around $54,700 at the time of writing. The broader market followed a similar trend, though the metaverse sector continues to outperform, with some tokens showing growth this week despite the sell-off.

However, with better COVID treatments now available (such as the Pfizer or Merck pills), and the potential for the recently-developed vaccine infrastructure to bring new vaccines to market within months, this recent sell-off may present a fantastic opportunity to buy the dip if they prove to be effective against the variant. Even without this scenario playing out, and new lockdowns being implemented, the potential for central bankers to double down on pumping liquidity into the financial system — as we saw last year — would drive prolonged inflationary pressures and support demand for inflation hedges, such as crypto.

Indicators (19 November — 26 November)

The Invictus Podcast: Episode 11

The latest Invictus Podcast episode features Air Guitar Academy & the Co-founder of Skyline NFT. They discussed:

  • Launching an NFT project
  • How he became interested in Solana
  • Helping others along their journey

Check it out here!

Invictus Incubations: Invictus Makes Foray Into Fast-growing NFT Space

Invictus is proud to announce involvement in two new NFT projects: The Invictus NFT Lab — Out Of Africa Collection and the incubation of Air Guitar Academy. Check out the Litepaper.

Read more in the post here.

Join the NFT Lab Discord!

Invictus Yield Vault

Invictus Capital is thrilled to announce the public launch of the Invictus Yield Vault. The Yield Vault allows qualifying lenders the opportunity to lend a minimum amount of $25,000 BTC, ETH and/or Stablecoins for highly competitive interest rates to Invictus Alpha, Invictus Capital’s trading division.

The Vault is now seamlessly integrated into the investor portal on the Invictus Capital website! Prospective crypto lenders now have a single web location to effortlessly view Yield Vault information, crypto lending interest rates, FAQ information, and contact our Yield Vault Team.

To view our rates and contact our Vault team, please visit our landing page.

Borrow Against Your Crypto With Peace of Mind

Crypto users can now borrow against their crypto secure in the knowledge that their investment will not get liquidated.

Invictus Alpha (the trading company of Invictus Capital) has engineered a new product that is offering users the opportunity to borrow USD-based stablecoins (or BTC and ETH) against BTC and ETH with no risk of liquidation.

Check out the articles here and here. To inquire, please complete this form.

Schedule a call with the Invictus Sales Team

Schedule a call with Tom or Ivor from our Fund Sales team if you have any questions or need assistance with your Invictus investment(s).

Alternatively you can call us on +1 (345) 769–7491 between 7:00–16:00 GMT.

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