Invictus Capital: Weekly Wrap 28.01
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After closing out last week with a dramatic market wide sell-off, the week kicked off with even more volatility. Markets initially tumbled on Monday, with Bitcoin briefly dropping below $33,000. This severe drop was however short lived and markets quickly rebounded from this oversold position, closing out the week only slightly down across the board.
Markets had hoped that this week’s Fed meeting would see the central bank soften its language around combating inflation through rate hikes after last week’s equity selloff — but these hopes were dashed as Jerome Powell stuck to his previous script, whilst still keeping the door open for a dovish shift if conditions required — a prudent approach in an environment filled with uncertainty. The day after the FOMC meeting a large batch of economic data was released, including a blockbuster US GDP reading for the fourth quarter (6.9%, the highest since the 80s). Employment data also showed an improvement alongside an at-expectation PCE inflation reading. The latter two data points would have helped improve sentiment, but were not enough to stem the bearish tide.
In a major development for the global crypto regulatory framework, the Biden administration appears to be preparing executive action to formulate an initial government-wide strategy for digital assets, through an executive order. One major concern for the US is the possible adoption of government-backed coins by China and other nations threatening the dollar’s dominance.
The path forward for markets remains as uncertain as ever, and more wild market gyrations are not out of the question. The Invictus suite of fund products offer all of the necessary tools to ride out a volatile environment — if you’d like to learn more about constructing a well-balanced Invictus portfolio, feel free to schedule a call with our Fund Solutions team.
Indicators (21 — 28 January)
- Invictus Margin Lending (IML): $1.31, +4.60% (weekly compound annualized rate)
- Crypto10 Hedged (C10): $7.10, -7.17%
- Crypto20 (C20): $3.08, -18.90%
- Invictus Bitcoin Alpha (IBA): $2.01, -7.64%
- Invictus Hyperion Fund (IHF): $0.504 (Updated Q4–21)
- Invictus Capital Token (ICAP): $6.98, -0.93%
- BTC: $37,235.25, -8.49%
- ETH: $2,416.68, -19.36%
- GOLD: $1,796.99, -2.28%
- S&P500: 4,326.51, -3.48%
Invictus continues to deliver an uninterrupted path of growth across all its funds.
The Invictus suite of funds offered commendable performance in a quarter marked by heightened volatility in the Bitcoin and broader cryptoasset market. All five of the Invictus funds registered positive returns for the quarter, with the vast majority outperforming their benchmarks. The simple average return across our suite of funds was 10.7% for the quarter, which is equivalent to an annualized return of 50%.
The Invictus Roadmap
We are excited to announce the upcoming Invictus Capital roadmap and new features coming up in the next few months.
Find out about upcoming Regulatory updates, the Polygon token swap, new wallet features, the Invictus App, and the Yield Vault.
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.
The NFT LAB website was recently launched. Stay tuned for further information and ensure you’re signed up for the newsletter.
NFT Lab is currently running a competition in which you can win NFT #994 from renowned European artist JR’s Greetings from Giza collection (https://opensea.io/collection/greetings-from-giza) — an incredible digitization of an installation that was in place late-2021 in Egypt. All you have to do is engage with the Tweet (like, comment, or retweet) and sign up to the newsletter to stand a chance to win.
- Tweet: https://twitter.com/ic_NFT_Lab/status/1483098941000454148
- Newsletter: https://invictusnftlab.com/home
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 minimum for 12 and 18 month loans has been reduced to $10,000.
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.
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.
Other News & Links
- Invictus in the Press / News
1. This week $15,427 was spent and 2,087 ICAP burnt
2. Another quarter of outstanding growth for Invictus Capital
- Fed Likely To Hike Rates In March As Powell Vows Sustained Inflation Fight
- White House Is Set to Put Itself at Center of U.S. Crypto Policy
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