We are back! Apologies for the longer-than-expected hiatus, but we are back and ready to get back into sharing our thoughts around the markets. There have been some big developments over the last few weeks in the economy and with crypto markets. Major themes from a macro perspective have been continued layoffs in the job market - noticeably for high growth / tech companies. Inflation still remains to be a persistent issue, and the Fed now has to navigate managing inflation and the huge banking meltdown happening with Silicon Valley Bank, Credit Suisse, and more regional banks. Zooming into crypto, we have seen Bitcoin gain extra attention with Ordinal NFTs and most recently; the narrative of Bitcoin being a decentralized store of value has also returned given the tradfi banking liquidity crunch. Ethereum has also been at the center of attention given that the 2023 theme for Ethereum has still been around Layer 2 projects; what does this mean for the other Layer 1 networks out in the market?
TRR Weekly Meeting Recap: Week of March 6th 2023
TRR Weekly Meeting Recap: Week of March 6th…
TRR Weekly Meeting Recap: Week of March 6th 2023
We are back! Apologies for the longer-than-expected hiatus, but we are back and ready to get back into sharing our thoughts around the markets. There have been some big developments over the last few weeks in the economy and with crypto markets. Major themes from a macro perspective have been continued layoffs in the job market - noticeably for high growth / tech companies. Inflation still remains to be a persistent issue, and the Fed now has to navigate managing inflation and the huge banking meltdown happening with Silicon Valley Bank, Credit Suisse, and more regional banks. Zooming into crypto, we have seen Bitcoin gain extra attention with Ordinal NFTs and most recently; the narrative of Bitcoin being a decentralized store of value has also returned given the tradfi banking liquidity crunch. Ethereum has also been at the center of attention given that the 2023 theme for Ethereum has still been around Layer 2 projects; what does this mean for the other Layer 1 networks out in the market?