Dear Borgerz,
As November fades into memory, we find ourselves on the cusp of an electrifying December in the crypto world π. This past month has been nothing short of transformative, with groundbreaking updates across the industry and here at SwissBorg. Letβs dive in and celebrate November's highlights together!
The Cryptosphere: November Buzz π°
The Bitcoin Blast-Off? π
Bitcoinβs resilience continues to shine, with prices inching higher and long-term holders standing firm. Is this the prelude to the banana zone weβve all been waiting for? Analysts are calling this the βcalm before the storm,β even though βcalmβ is not really the perfect representation of whatβs happening in the markets! To give a bit of perspective on this, here are a few crazy stats for November:
- Bitcoinβs monthly returns were +37.29%. This is one of the highest monthly returns this year, second only to the post-ETF boom of February!
- The crypto market cap saw the highest monthly dollar gains of all-time +$1.19 trillion. For context, in February of 2021, the entire crypto market cap was ~$1.19T. We just added that in a month!
- Our beloved BORG token isnβt just holding the line, itβs breaking barriers! With a stunning 92% surge in November, the excitement is real, the hype is back, and the momentum is unstoppable. Are you ready to ride the wave? #BORGtoTheMoon
- Demand for $BTC from the ETFs outstripped new supply by 5x!
- Demand for $BTC from Microstrategy outstripped new supply by ~10x!
- $ETH ETFs closed out the month with record net daily inflows: $333M entered the $ETH ETFs on Nov. 29th, marking the largest single day inflow in history.
- Gary Gensler stepped down: regulatory clarity here we come!
- Alt ETFs took one big step towards becoming a reality: ETF applications were filed for Solana, Ripple, Litecoin, and Hedera.
- Ripple flipped Solana to take the #3 spot in total market value: $XRP did so after adding $81B to its market cap in November!
π SwissBorg Updates: Empowering Our Community π
Managed Portfolios: Get Ready to Invest Smarter π§
Our Managed Portfolios are entering the final stretch before launch! Designed for every type of investorβwhether you love digging into the data or prefer a hands-off approachβthis feature will redefine crypto wealth management.
Thematics Grow Stronger π
Following the successful launch of our DeFi Thematic, weβre thrilled to see increasing adoption. Thematics are dynamic baskets of tokens, and the DeFi Thematic incorporates multiple strategies to stay aligned with current market conditions. For now, we will allow the Thematic to drift naturally in response to market fluctuations. However, we will carefully monitor its composition to ensure it doesn't stray too far from the target allocation, especially if it no longer meets the initial diversification or risk management standards. If necessary, discretionary rebalancing will be conducted. Additionally, periodic reallocations will be made to update the DeFi Thematic based on the SwissBorg investment teamβs assessments of market conditions and industry trends. This may involve adding new tokens or removing existing ones as needed.
Limit order Beta release π¦
At SwissBorg, we are dedicated to empowering our users with advanced tools and features to maximise their trading potential. We are thrilled to announce the beta testing phase of the long-awaited Limit Orders. They are currently available for a limited number of users and a limited number of pairs in the SwissBorg app. This powerful new feature allows you to take full control of your trading strategy, providing precision, planning, and predictability in your investment decisions.
Referendum βοΈ
To ensure transparency and empower the community to decide, we launched a referendum, allowing all in-app BORG holders to vote on a critical matter: SwissBorgβs BORG token is at the heart of our ecosystem, powering community-driven innovation and growth. In line with our values of on-going decentralisation, we were considering a crucial decision that would shape the future of BORG: Should we delist BORG from centralised exchanges (CEXs) and list it exclusively on decentralised exchanges (DEXs)?
Pegasus Club Soars Higher π
Our Pegasus Club continues to elevate the crypto experience for high-net-worth individuals. Personalized services, market insights, and exclusive perks are just the beginning. As we speak, we are onboarding new members into our exclusive Pegasus Club. With limited spots available, itβs a first-come, first-served opportunity for high-net-worth individuals to enjoy tailored investment strategies, personal Relationship Managers, and curated market insights. If youβre ready to elevate your crypto experience, nowβs the time to secure your place!
Looking Ahead π―
December is set to close out 2024 with a bang: the bullish seasonality is here! The holiday cheer often brings crypto gains - donβt miss it!
As always, none of this would be possible without you. Your passion, commitment, and belief in SwissBorgβs mission drive us forward every single day. Together, weβre not just riding the crypto wave; weβre shaping its future. Hereβs to a December filled with breakthroughs and boundless opportunities.
Proud Founder and CEO of SwissBorg π¨π,
Cyrus Fazel ππΌπ