Best of Crypto

So in the last days we had some volatility due to FED and ECB decisions. In the end not much changed.

The SEC yesterday said that they are investigating Uniswap Labs, the company behind Uniswap, the biggest decentralised exchange. No details out, but in the end they can do nothing to a decentralised project, only to the US company that set it up. The price of UNI-Token has come down a lot and I increased our stake to 5 % today and reinvested our cash also in Bitcoin. We will have Bitcoin halving within a few days and price is still moving sideways. Lets see if we can break out now.

I moved to a sizeable cash position yesterday. The FED speech clearly killed hopes for early rate cuts and the price action for Eth and Bitcoin looks weak. Maybe we'll get a deeper correction before the Halving? Bitcoin still has an open price gap at 63k and I would like to see this filled.

Taking profits on our Digibyte position today, which has gone above my maximum weight of 15% due to strong performance over the past few days. Maybe I am a bit oldschool due to being around in crypto for 8 years now, but diversification is important.

The next 3 weeks people will talk about the halving. Bitcoin Cash halves rewards on April 3rd, and Bitcoin on April 21st. I have positioned the strategy mostly in Bitcoin peers as all of them have a certain halving schedule and appear very cheap. Bitcoins market cap is more than 100x higher than BCH for the same coin inflation and even more than that compared to Litecoin, Dash and Digibyte. The price potential for the small coins is insane in my view.

Our strategy is holding a lot of CVC tokens. It has doubled in price over night. CVC is one of the few projects enabling KYC for all kinds of DeFi projects. Not sexy, but very necessary for compliance in the future. :-)