Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The winners of CMC Crypto Awards 2024 were announced and the awards minted as NFTs on the Ethereum blockchain, an immutable record of crypto success.
Crypto of the Year: Solana
Bridge Builder of the Year: BlackRock
Meme Coin of the Year: Bonk
Social Influencer to Watch: ZachXBT
Most Innovative L1/L2/Cross-Chain Project: Celestia
Most Innovative NFT & Gaming Project: Pudgy Penguins
Most Innovative DeFi Project: Uniswap
Crypto Leader Of The Year: Vitalik Buterin, Ryan Selkis, Brian Armstrong, CZ, Julia Leung
https://coinmarketcap.com/community/articles/65e883a2b077505e613aff37/
Nice hopefully move off of aquis
Another interview, https://www.ig.com/en/news-and-trade-ideas/kr1-nav-doubles-as-bitcoin-nears-a-record-high-240305
Sorry Guys, the axis copied and pasted, but the actual DOT etp chart didnt !
Thanks Lanz, that was useful. Ark and others have talked about Polkadot etfs. Looking at the
ETH gains of late, that would be of huge benefit to KR1. Interesting that a lesser 'ETP' for DOT
exists on the Swiss exchange, who are obviously a bit more progressive than LSE, its called ADOT.
Am taking a closer look at Galaxy Digital. Mike Novogratz has an interesting and impressive background
- having been an army helicopter pilot, and a Goldman Sachs partner. He is joining up with Invesco
to add more new crypto etf's - primarily in Europe. Being a TSX stock, though based in NYC, Galaxy
has a more appealing entry price than MSTR, COIN etc. Any thoughts ?
21Shares Polkadot ETP
CHF 4.79
74.24%
+2.04 1 Y
5 Mar, 14:26:00 UTC+1 · CHF · SWX · Disclaimer
1 D
5 D
1 M
6 M
YTD
1 Y
5 Y
MAX
May 2023
Sept 2023
Nov 2023
Jan 2024
Feb 2024
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
Great to see them doing PR ! Should start moving from here now DOT is getting its grove on !
Much Appreciated Lanz .couple of interesting points.namely FCA blocking any uplift * for now * & Dividends ! Possibility for the future
KVS explaining the POS strengths and returns without stating % . Mouth watering
Beta 1.5x BTC.
Business intelligence and artifical intelligence cashflows.
FASB accounting valuation uplift
My take on microstrategy is markets without a route to an ETF like say UK.maybe using it as surrogate. It could be in a tax efficient wrapper like ISA or SIPP. Easiest path for the herd if they don't want self custody and no access to regulated product. Also the future value being priced in for what is a large holding of BTC. Just.my humble opinion
Just noticed MSTR is up 20% today. Before the recent listing of BTC ETFs in the US, MSTR traded at a premium to its BTC holdings, which could be justified to some degree as it was the go to proxy for US equity market exposure to BTC.
Following the listing of the ETFs, which are highly liquid and closely track the value of their BTC holding, there is no longer a case for MSTR to trade at much if any premium at all. However, MSTR has gone vertical since the ETF listings and is now at a whopping 43% premium. I have plenty of exposure through DAGB, but honestly, it's seems ridiculous. Can investors not do even the simplest of valuations? They'd get far more bang for their buck buying one of the ETFs, never mind a crypto baskets at a deep discount like KR1. But, who cares. The're piling in regardless.
There seems to be switching from other crypto related companies, particularly miners, to MSTR, which is stifling their progress. My guess is Saylor is about to do a huge placing at MSTR into this rise and will use the proceeds to buy loads more BTC, which should turbo charge the bull market, so the current outpeformance of MSTR may be a blessing in disguise for the whole sector.
Anyone have a different take on MSTR, that might explain what is going on?
In the cold light of day, KR1 doesnt cater for fashion of the week. First the
AI crypto sector ran , now its the meme names that are at the forefront.
Because DOT a bit slow off the mark, its satellites have been extinguished
too. But look at the Solana moons - Bonk, Raydium, Pyth, Orca etc - all making
up ground quite quickly now that SOL has left the station. The next few weeks
should see similar action in the DOT stable. Alts like MOVR and GLMR can move
up 500 % in a week - when enough ducks are lined up. Still early in the cycle &
plenty of time to play catch-up.
It’s constituents ran, maybe pausing for breath before next push up.
Becoming extremely tedious holding KR1 of late ,The SP has been in the grips of manipulation for months now without any respite , The Crypto Market Cat has swollen by around $800 billion in couple of weeks , KR1 responds with negative territory ,If the SP cant track the momentum during massive in coming then what next for KR1 SP ? The HNW & Institutional continue to churn , What incentive to let it go ?
Although our NAV hasn't really changed that much over the last few weeks it is great to see less weight in TIA. Obviously it would be great if that went up as well but it is nice to see some pressure taken off one asset.
On our NAV we have these 3 obscure investments. By obscure I mean personally I dont understand how they get a NAV for them or how they fit in. These are ERC20 ; FOAM and Z Prime II. Grateful for anyone to enlighten me why they are totalling approx £6m or their prospects
DOT logo
Polkadot
DOT
$9.86
6.54% 7.76% 27.49%
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 31 January 2024.
Net Asset Value £218,119,989
Shares in issue 177,369,520
NAV per share 122.97p
GBP/USD rate (as at 31 January 2024) 1.2679
Income from digital assets (*) £1,800,310(*)
Top 10 assets/holdings
Asset GBP equivalent % of portfolio
Celestia ("TIA") £95,774,998 43.91%
Lido ("LDO") £26,772,635 12.27%
Polkadot ("DOT") £23,688,678 10.86%
Cosmos ("ATOM") £12,180,566 5.58%
Lido Staked ETH ("stETH") £9,552,566 4.38%
Astar ("ASTR") £9,493,896 4.35%
Zee Prime II £5,154,841 2.36%
Rocket Pool ("RPL") £4,526,603 2.08%
Moonbeam ("GLMR") £4,299,527 1.97%
Nexus Mutual ("NXM") (**) £4,158,250 1.91%
(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain rewards for the relevant monthly period and excludes any other forms of income.
(**) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").
Miners are going to get wrecked in the halving in my opinion, where KR1 gets to benefit from all the upside and none of the downside.
Redstone is coming. It should do well. Have a look at that.
BTC falls 2.5 %, US miners fall about 15 % , aka Bitcoin sniffles once
or twice ...miners catch bubonic plague ! Maybe a bit of reckoning
going on in the minds of speculators regarding impact of halving ...
but dont count on it. Personally, I'd love to see Mara back at 6 bucks....
time to back up the truck AND bet the ranch at that point : )
Https://www.bitcoinmarketjournal.com/best-crypto-staking-yields/
Cracking investment vehicle this, may be a little responsible for the OTC pink sheet KROEF volume.
As in a group of 5000 chartists, investors and traders worldwide but mainly from North America.
I am honestly not trying to ramp to them, but can’t help but comment to them all, where else do you get access to Venture capitalists with decades of experience in a capital gains free tax wrapper with exposure to the alternative cryptocurrency market.
And neither do you or are you just downright rude or cant count because you have missed at least 2 off your list !!! and I dont claim to be right on this sort of stuff all the time. I have been looking at BMI for what its worth and all I say is DYOR and keep healthy
Polkadot is number 13 on coinmarketcap, the only crypto's ahead of it which aren't stablecoins or the big 2 are #12 Chainlink, #11 Tron, #10 Avalanche, #9 Doge, #8Cardano, #6 XRP, #5 Solana, that order hasn't changed for a long time, with Solana the last new entrant to the top 10 about 2 years ago?
So I'd politely say you don't have a clue what you are talking about :)
DOT now down to 16th place in NAV because has been overtaken by young upstarts that personally I know nothing about and this is our problem - competition. We have only about 16 holdings above $1m. In the wider world there are possibly over 100 cryptos having NAV over $1bn. Of these cryptos we only have 7 of these altogether. So there is miles more competition for crypto investment in more types than one may think and likely to increase unless we find another Tia. Who knows - I dont ?