Posts by surfpacific

  • Operation “Choke Point 2.0” Banks and Regulators vs Crypto Assets Webinar

    Watch the webinar recording for an entertaining and informative discussion on how the US government is trying to use the US banking sector to restrict FIAT on and off-ramps designed to reduce US consumers’ access to the advantages of cryptocurrencies, nicknamed “Chokepoint 2.0”. Ironically this is happening in the midst of what looks like “Banking […]

  • Beyond Bitcoin Ep 72- Is Crypto Under Attack by US Government Agencies? If so will the US be left behind?

    The Beyond Bitcoin podcast featured a discussion about the possible threats of government regulations to the cryptocurrency industry in the United States. The episode explored President Biden’s Executive Order in March 2022 which aims to protect consumers, investors, and businesses, as well as to mitigate illicit finance and national security risks posed by the misuse […]

  • January 2023 Market Commentary and Performance

    Portal Digital Fund Horizon Index Fund Radiance Global Fund January: +9.2% January:  +34.4% January: +30.89% YTD: +9.2% YTD: +34.4% YTD: +30.89% Since Inception:  +91.3% Since Inception: -77.7% Since Inception: -16.42% Market Commentary from Mark Witten, CIO Cryptocurrencies and digital assets (“crypto assets”) had a solid start to 2023, bouncing back from one of the worst […]

  • February 2023 Market Commentary and Performance

    Portal Digital Fund Horizon Index Fund Radiance Global Fund February: +0.2% February:  +2.7% February: 0% YTD: +10.7% YTD: +38.1% YTD: +30.9% Since Inception:  +93.8% Since Inception: -56.6% Since Inception: -11.8% Market Commentary from Mark Witten, CIO In analysing the difficult year that was 2022 we believe that all the challenges faced by both the global […]

  • March 2023 Market Commentary and Performance

    Portal Digital Fund Horizon Index Fund Radiance Global Fund February: +3.2 February:  +4.5% February: -0.87% YTD: +13.4% YTD: +44.3% YTD: +29.78% Since Inception:  +98.5% Since Inception: -32.2% Since Inception: -17.13% March was a tale of two halves as the market initially feel around 15% in the first 10 days of the month before rallying 21% to […]

  • December 2022 Market Commentary and Performance

    Portal Digital Fund Horizon Index Fund Radiance Global Fund December: -3.4% December:  -16.9% December: -14.27% YTD: -42.1% YTD: -77.7% YTD: -36.15% 2021: +83.1% Since Inception: -77.7% Since Inception: –36.15% Since Inception:  +75.1% Market Commentary from Mark Witten, CIO December was a choppy month that saw the market initially rally 5% and then fall around 15% […]

  • opalesque-news

    The corona fighters report 49: Asset Managers who delivered in the downturn.

    Opalesque features Portal Asset Management in their latest article.

  • October 2021 Market Commentary and Performance

    October proved to be a massive month for the cryptocurrency and digital asset markets. Market Overview: October proved to be a massive month for the cryptocurrency and digital asset markets. After a weak September, Bitcoin (BTC) jumped 10% on the 1st of October, sparked by Federal Reserve Chairman Jerome Powell testifying before Congress that he […]

  • Portal Asset Management Announces the Launch of The Horizon Index Fund

    The launch of Australia’s first equally-weighted cryptocurrency index fund is in response to increasing interest from sophisticated investors with no exposure to the digital asset class. Global cryptocurrency market capitalisation is now more than US$2.7 trillion. The Horizon Index Fund targets investors wanting broad cryptocurrency and digital asset sector exposure via a passively managed investment […]

  • December 2021 Market Commentary and Performance

    Crypto markets experienced extreme volatility over the weekend with Bitcoin down 14% from $57,000 where it started the month to its current level of around $49,000. At one point on Saturday it was down 25% to an intra-day low of $42,588 before bouncing 15%!  All other major DeFi crypto assets and smart contract protocols were […]