Fich.ai

Crypto Strategy - Bulls Are Winning

Fich.ai — Fri, 25 Sep 2026 08:24:01 GMT

FICH Crypto is a systematic, long-only algorithmic strategy trading exclusively within the top 150 altcoins by market capitalization. Every Friday, our algorithm evaluates relative strength across the universe and automatically rotates capital into the most dominant digital assets — maximizing exposure to structural crypto trends while completely removing human bias.

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $174,782

1. Market overview

Crypto markets showed resilience over the past week as macro conditions and regulatory signals shifted. Bitcoin rose about 10 percent, briefly topping $87,000 before consolidating near $84,000, while Ethereum gained roughly 9-10 percent to around $2,680. Total crypto market capitalization fluctuated between about $2.9 trillion and above $3 trillion. Several altcoins outperformed, including XRP (up over 15 percent), Solana (up around 13-16 percent), Avalanche, Uniswap, and privacy-focused assets like Zcash, supported by rotation into AI, DeFi, and on-chain derivatives themes.

Institutional demand remained a key stabilizer. U.S. spot Bitcoin ETFs saw strong inflows, including a near $1 billion single-day peak and a multi-day streak of positive flows, helping support prices despite pressure on traditional risk assets from rising Treasury yields. A Bitwise report indicated many institutions (endowments, pensions, and sovereign wealth funds) maintained or increased crypto allocations during a prior 50 percent drawdown, with Bitcoin treated as a core holding and often compared to gold. Typical allocations were around 1 to 2 percent, with increased use of ETFs for efficiency and governance.

Regulatory and product developments continued to influence the industry’s longer-term outlook. The SEC issued a five-year conditional exemption for tokenized U.S. equities trading, signaling progress toward broader adoption of blockchain-based securities. Although elevated bond yields, hawkish Federal Reserve commentary, options expiries, and macro data contributed to short-term volatility, the week featured limited signs of stress, with no widespread liquidations and orderly derivatives positioning, suggesting underlying market strength.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 24 September 2026, Fich investment strategy returned +24.62% in September so far, against +7.42% for Bitcoin and +8.93% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 24 September 2026 the system closed 3 positions and opened 4 new positions and held 5 from the previous week, leaving the portfolio at roughly 6.0% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +24.31%. Hit rate: 3/3 (100% winners).

Current portfolio:

New Portfolio update

Risk appetite is rotating into select altcoins on the back of clear institutional catalysts and high-conviction narratives, with several names showing breakout behavior supported by rising volume and derivatives activity.

LayerZero (ZRO) led on infrastructure headlines after Anchorage Digital chose LayerZero as its interoperability partner for issuing regulated bank stablecoins, including the debut of Tether’s USAT. The announcement triggered a sharp price and volume expansion, alongside evidence of spot accumulation and increasing leveraged longs. ZRO is now pressuring the $1.50–$1.60 resistance area; a clean break could open a move toward the next psychological levels as positioning builds into expectations for the upcoming Zero L1 launch and protocol fee changes.

Bitcoin Cash (BCH) rallied strongly following CME Group’s plan to list regulated BCH futures on October 19 (including standard and micro contracts) and renewed ETF optimism after Grayscale filed to convert its Bitcoin Cash Trust into a spot ETF. The combination sparked a squeeze-driven surge with elevated turnover and improving trend signals after reclaiming key long-term levels. Focus now shifts to whether momentum can persist as open interest rises into the futures launch window.

KITE advanced to a monthly high after reclaiming key moving averages and breaking nearby resistance on a notable volume spike. The move is being reinforced by product narrative traction—positioning around AI agent payments and live deployment enabling agent-to-agent transactions and governance. Price action suggests an attempt to reverse the prior downtrend; follow-through depends on holding recent breakout levels and sustaining volume.

PENGU outperformed on brand and licensing momentum, jumping on news tied to an AI-powered companion robot collaboration, new merchandise releases, and growing attention ahead of late-September/early-October events in Seoul. Spot and derivatives participation is expanding, and traders are increasingly framing the setup as a potential volatility expansion phase if meme-coin sentiment stays constructive.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $174,782 in the strategy, versus $11,724 in spot Bitcoin and $20,558 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Disclosure: All performance metrics account for a 0.10% commission per trade side. Execution is strictly limited to the Top 150 altcoins by market capitalization, rebalanced every Friday. Full historical performance data is available at Fich.ai. This letter is for informational purposes only and does not constitute investment advice.

Crypto Strategy - When Clarity?

Fich.ai — Fri, 18 Sep 2026 08:12:01 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $149,018

1. Market overview

• The Federal Reserve raised interest rates by 25 basis points to 3.75–4.00 percent, its first hike in three years, and signaled the potential for at least one more increase by year-end.

• Despite the hawkish shift, Bitcoin held near $76,000–$77,000 and total crypto market cap stabilized around $2.6–$2.7 trillion; Ethereum traded around $2,430–$2,470, with modest gains in select altcoins like Solana and BNB.

• U.S. spot Bitcoin and Ethereum ETFs saw combined outflows exceeding $500 million, indicating cautious institutional positioning.

• The Digital Asset Market Clarity Act failed a key Senate procedural vote (49–50), falling short of the 60 votes needed to advance, though it remains eligible for reconsideration.

• Circle launched the mainnet for its Arc Layer-1 blockchain, a USDC-native network with major institutions (including BlackRock, Visa, and Mastercard) as founding validators, aiming for high-performance applications with sub-second finality.

• Zcash surged over 20 percent in a single session, briefly surpassing $1,360, supported by renewed institutional interest; Bitcoin dominance held above 56 percent amid elevated liquidations and broader consolidation.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 17 September 2026, Fich investment strategy returned +6.25% in September so far, against −2.75% for Bitcoin and −0.83% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 17 September 2026 the system closed 3 positions and opened 3 new positions and held 5 from the previous week, leaving the portfolio at roughly 20.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −5.75%. Hit rate: 1/3 (33% winners).

Current portfolio:

New Portfolio update

Risk appetite in crypto has shifted decisively toward protocols showing real revenue traction, payments distribution, and privacy utility—driving notable upside across ARB, ENA, and DASH.

Arbitrum (ARBUSDT) saw a sharp momentum burst after a bullish institutional outlook highlighted accelerating protocol revenue tied to the Arbitrum Expansion Program and growing activity around the Robinhood-powered chain. Price action reflected the shift in sentiment with a breakout on elevated volume, while new deployments such as privacy-focused payments tooling and rising transaction metrics reinforced the narrative of increasing enterprise and real‑world finance adoption on the network.

Ethena (ENAUSDT) gained on product and balance‑sheet upgrades. The launch of a self‑custodial “neobank” experience enabling spending of USDe via card rails improved the protocol’s consumer reach, while the start of reallocating a meaningful slice of collateral into tokenized, high‑grade credit signaled a push toward more durable, diversified yield. In parallel, a community-backed fee-switch framework—designed to route future net revenues toward ENA buybacks once USDe supply scales further—added a clear catalyst that investors are treating as increasingly credible.

Dash (DASHUSDT) benefited from a renewed bid for privacy-oriented assets and tangible network progress. The mainnet release of Dash Platform v1.1 and renewed community visibility helped refocus attention on features spanning decentralized data, on-chain identity, and enhanced privacy, supporting strong relative performance. Ongoing upgrade governance and improving technical structure have kept DASH positioned as a leading beneficiary of the current privacy-coin rotation.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $149,018 in the strategy, versus $10,614 in spot Bitcoin and $18,716 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Patience, Bulls

Fich.ai — Fri, 11 Sep 2026 07:43:43 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $148,541

1. Market overview

The crypto market saw cautious consolidation and heightened sensitivity to macroeconomic factors. Bitcoin traded in a narrow range near $78,000 amid surging oil prices above $100 per barrel, rising Treasury yields, and hotter-than-expected U.S. producer price inflation data that increased expectations for a Federal Reserve rate hike. Total crypto market cap hovered around $2.7 trillion; Ethereum held near $2,450–$2,480 while altcoins such as XRP, Solana, and Dogecoin saw sharper pullbacks. ETF flows were mixed, with some Bitcoin outflows offset by selective inflows into Ethereum, XRP, and Solana products.

U.S. regulatory activity remained in focus as Senate Republicans released a revised draft of the CLARITY Act ahead of a procedural vote scheduled for September 15. Updates included adjustments to DeFi registration requirements with the CFTC for protocols that fail decentralization thresholds and clarifications for credit unions engaging in digital asset activities. Bipartisan agreement remains uncertain, and the path to passage is still unclear.

Institutional and infrastructure developments continued, with Nasdaq announcing a $100 million investment in Kraken’s parent company at a $21 billion valuation to deepen collaboration on tokenized equities and 24/7 markets. Stablecoin initiatives expanded, including Tether committing $400 million to private credit and MoneyGram launching a stablecoin-backed Visa card. Security incidents included an exploit on the Liquid Network and a temporary rollback on Cronos, though most affected funds were recovered. Tokenization efforts in corporate bonds and broader on-chain settlement adoption signaled continued convergence with traditional finance.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 10 September 2026, Fich investment strategy returned +5.91% in September so far, against −2.56% for Bitcoin and −1.19% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 10 September 2026 the system closed 8 positions and opened 7 new positions and held 1 from the previous week, leaving the portfolio at roughly 7.2% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −5.23%. Hit rate: 1/8 (12% winners).

Current portfolio:

New Portfolio update

Altcoin sentiment continues to rotate toward infrastructure and revenue-generating protocols, with several major names posting sharp rallies on a mix of institutional catalysts, tokenomics tightening, and tangible product adoption.

Cosmos (ATOM) drew renewed institutional attention after the Cosmos Partner Network brought major financial and security firms together to accelerate tokenized deposits and bank-grade digital asset deployments. Anticipation is building ahead of a live Tokenization Suite demonstration, reinforcing the narrative that Cosmos is positioning for real-world finance integrations. Additional ecosystem moves around stablecoin infrastructure and fee mechanics that support buybacks have further improved the near-term fundamental backdrop.

Tezos (XTZ) benefited from improved market access and liquidity following new perpetual futures listings, while continued protocol work—especially post-quantum experimentation and Tezos X EVM upgrades—keeps the focus on scalability and longer-term institutional readiness. Price action has reflected this, with sustained short-term momentum.

Zcash (ZEC) has been the standout on performance, driven by strong institutional inflows tied to a newly launched spot ETF that has rapidly accumulated significant assets, tightening available supply and amplifying volatility through repeated short squeezes as derivatives positioning grew. Confidence has also been supported by prior network upgrades addressing cryptographic concerns and a clearer regulatory overhang, keeping the market focused on further upside and upcoming governance-driven roadmap decisions.

NEAR (NEAR) rallied on a surge in volume and usage metrics, as cross-chain “Intents” activity and chain abstraction milestones underscore its push toward seamless multi-chain user experiences. Adoption of confidential settlement and AI-related infrastructure use cases has been a key narrative driver, alongside improving fee capture and buyback-linked mechanics that strengthen the demand story during risk-on periods.

Raydium (RAY) extended its run as Solana DeFi activity stayed strong, highlighted by a record token buyback that directly reduces circulating supply. User growth and trading activity have been supported by new listings and product upgrades, keeping attention on whether momentum can translate into a sustained breakout.

Ether.fi (ETHFI) jumped after a tokenomics overhaul increased direct ETHFI utility by shifting card rewards into the token and tightening participation mechanics, reinforcing demand. With a large TVL base and growing revenue from its non-custodial banking product, the market is increasingly treating ETHFI as a yield-and-utility play rather than a purely speculative asset.

Polkadot (DOT) gained on governance momentum around launching a DOT-backed stablecoin initiative, a development that could increase collateral demand and expand on-chain DeFi activity. Combined with ongoing ecosystem and tooling improvements, DOT’s move reflects renewed interest in established layer-1s with identifiable utility catalysts.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $148,541 in the strategy, versus $10,635 in spot Bitcoin and $18,648 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - We Are So Back

Fich.ai — Fri, 04 Sep 2026 11:24:45 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $148,499

1. Market overview

• Bitcoin rebounded from intraday dips below $77,000 to briefly surpass $81,000, helping lift global crypto market capitalization toward $2.82 trillion amid easing rate-hike fears, softer employment data, and a weaker U.S. dollar, despite volatility from geopolitical tensions and higher oil prices.

• Institutional demand remained steady, with spot Bitcoin ETFs posting about $101 million in net inflows in the latest session, reversing earlier outflows.

• Regulatory and institutional shifts continued: the CFTC moved to dismiss a CME Group lawsuit tied to crypto perpetual futures; Coinbase sought approval for 24/7 equity perpetuals; SoFi partnered with Kraken; Revolut received conditional OCC approval, signaling deeper traditional finance integration.

• Tokenization activity expanded, including initiatives involving equity in professional sports teams and potential catastrophe bonds; firms such as Grayscale and venture groups urged the SEC to evaluate new exchange-traded products on a case-by-case basis rather than applying overly restrictive frameworks.

• Altcoin performance diverged: Zcash surged toward multi-year highs on ETF-related momentum, while certain emerging-platform tokens saw sharp rallies; Ethereum had mixed flows with modest ETH ETF outflows, alongside continued law enforcement actions against crypto-targeting malware and ongoing work on stablecoin infrastructure and zero-knowledge identity tools.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 3 September 2026, Fich investment strategy returned +5.88% in September so far, against +3.42% for Bitcoin and +1.62% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 3 September 2026 the system closed 6 positions and opened 6 new positions and held 3 from the previous week, leaving the portfolio at roughly 1.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −3.45%. Hit rate: 0/6 (0% winners).

Current portfolio:

New Portfolio update

Crypto markets are showing renewed risk appetite, with several high-beta tokens rallying on a mix of real adoption signals, rising protocol revenues, and technically constructive breakouts—often reinforced by short liquidations and expanding derivatives positioning.

Arbitrum (ARB) led the move, posting a sharp one-day jump alongside a surge in futures activity and open interest. The key catalyst is accelerating usage of Arbitrum’s Orbit stack—highlighted by Robinhood Chain’s rapid fee generation—plus the newly activated ArbOS Elara upgrade, which adds protocol-level fee mechanics and compliance tooling that can improve sustainable revenue capture as institutional integrations expand.

Uniswap (UNI) is benefitting from the same “onchain finance” impulse: standout DEX volumes on Robinhood Chain and broader multi-chain fee routing are translating into more meaningful burn dynamics under recent upgrade changes. With activity-driven fee generation rising and supply pressures tightening, UNI’s strength is increasingly tied to measurable cashflow-style signals rather than pure sentiment.

Maple Finance (SYRUP) continues to stand out on fundamentals, with AUM/TVL recovery and record monthly profitability feeding a revenue-linked buyback program that directly purchases tokens from the market. New distribution channels via large partners are supporting fresh inflows, while higher open interest and positive funding suggest traders are positioning for continuation.

Pyth Network (PYTH) is being repriced on credibility and monetization: a headline partnership to deliver on-chain macro data strengthens its institutional narrative, while recent ARR growth underscores expanding demand for data products (including indices and always-on pricing for major equities and ETFs). Whale accumulation and favorable liquidation dynamics add support to the move.

Sei (SEI) is attracting attention as a performance-and-adoption story. Strong onchain activity metrics and major throughput improvements tied to the Giga upgrade reinforce its positioning for high-frequency, trading-oriented use cases, with additional momentum coming from integrations pushing tokenized equities and more autonomous wallet tooling.

Filecoin (FIL) is riding both market structure and narrative tailwinds: a sharp rally amplified by short liquidations is being reinforced by rising volume and open interest, while the broader AI infrastructure theme is highlighting decentralized storage as a resilience and cost hedge amid centralized bottlenecks. Technically, FIL is also pressing key long-term breakout levels, keeping momentum traders engaged.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $148,499 in the strategy, versus $11,287 in spot Bitcoin and $19,178 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - Discipline Over Hype

Fich.ai — Thu, 03 Sep 2026 10:31:18 GMT

FICH Public Equities is a systematic, long-only investment strategy that trades exclusively within the S&P 500 universe. The algorithm evaluates relative strength every month and automatically rotates capital into the most dominant stocks, maximizing exposure to leading macro trends while completely removing human bias.

Annual Returns — Fich Strategy vs SPY

1. Macro Overview

Over the past 30 days, U.S. equity markets posted solid gains despite volatility from the ongoing U.S.-Iran conflict, spiking oil prices, and rising Treasury yields.

The Nasdaq Composite rose approximately 4%, the S&P 500 gained around 2.7%, and the Dow advanced 1.5%, marking the first positive month for the major indices since May and the Dow’s fifth straight monthly gain.

Capital flows favored Energy (up ~7.4% with oil near $86–$90 per barrel), Information Technology (up ~6.4% on strong AI-related earnings from Nvidia, Salesforce, CrowdStrike, and Palantir), Healthcare (up ~4.9%, boosted by Moderna’s 156% surge on vaccine data), and Materials.

Defensive and rate-sensitive sectors lagged: Utilities fell ~4.8%, Industrials ~2.6%, and Real Estate also trailed as long-term yields rose (10-year Treasury approaching 4.8%).

Momentum signals supported allocations to Energy, Technology (especially software and AI beneficiaries), Healthcare, and Materials, reflecting strong earnings and commodity tailwinds.

Exposure was reduced in Utilities, Industrials, Real Estate, and parts of Consumer Staples due to weakening momentum and pressure from rising yields and rotation away from defensives.

Positioning stayed focused on AI-driven growth and energy while trimming duration-sensitive holdings.

A rotating but resilient market environment, with strong corporate earnings (notably in tech and AI) offsetting geopolitical risks and hawkish Fed signaling from Chair Warsh at Jackson Hole.

Higher yields weighed on longer-duration and defensive assets, creating a barbell-like market favoring select growth and commodity-linked sectors.

Fich Monthly Returns (2012 – present)

2. Last month overview: Fich Equities vs the market

In August 2026, Fich Equities strategy returned +1.85% in August, against +2.68% for the S&P 500.

Stepping back to the year-to-date picture:

3. The portfolio at this rebalancing: bought, sold, and held

On September 2, 2026, the system closed 1 position, opened 1 new position and held 10 from the previous months, leaving the portfolio at roughly 1.54% cash.

The algorithm systematically closes underperforming stocks while holding positions with strong momentum.

Closed trades, return on each closed position:

New Trades:

Current portfolio:

Portfolio update

STX (Seagate Technology) - Weight 21.06%

Seagate reported fiscal Q4 2026 revenue of $3.6 billion, up 48% year-over-year, with record non-GAAP gross margin of 52.7% and EPS of $5.71, exceeding guidance amid robust cloud and AI-driven demand for high-capacity nearline HDDs. Full-year fiscal 2026 revenue reached $12.2 billion (+34%), with record free cash flow of $3.1 billion, debt reduction of $1.4 billion, and $810 million returned to shareholders. HAMR and Mozaic 4+ products are ramping successfully, with nearline exabyte shipments allocated well into 2028-2029. Guidance for fiscal Q1 2027 calls for $4.1 billion revenue (±$100 million) and non-GAAP EPS of $7.30 (±$0.20).

MU (Micron Technology) -Weight 16.12%

Micron delivered record fiscal Q3 2026 results with revenue of $41.46 billion (+346% YoY) and adjusted EPS of $25.11, far exceeding estimates, driven by explosive AI data center memory demand, tight supply, and pricing strength across DRAM and NAND. The company signed $22 billion in multi-year strategic customer agreements with take-or-pay terms. Fiscal Q4 guidance is for ~$50 billion revenue (±$1 billion), ~86% gross margin, and $31 EPS (±$1). All segments posted massive growth, with cloud and data center leading; operating cash flow hit $25.4 billion. Supply constraints are expected to persist for at least two years.

WDC (Western Digital) - Weight 16.11%

Western Digital posted fiscal Q4 2026 revenue of $3.75 billion (+44% YoY) and non-GAAP EPS of $3.56, with gross margin expanding to 54.4% on strong data center HDD demand, favorable pricing, and mix. Full-year fiscal 2026 revenue was $12.9 billion (+36%). The Sandisk flash spin-off was completed in early 2025. Guidance for fiscal Q1 2027 is $4.1 billion revenue (±$100 million) and non-GAAP EPS of $4.00 (±$0.15), with 55-56% gross margin. 40TB ePMR drives are in volume production, with HAMR ramps planned for 2027; dividend was increased 20%.

SNDK (Sandisk) - Weight 9.96%

Sandisk, spun off from Western Digital in February 2025, reported fiscal Q4 2026 revenue of $8.97 billion (+372% YoY) and non-GAAP EPS of $39.25, with gross margin at 84.6% fueled by datacenter SSD/NAND surge (now ~33% of revenue, up from 12% a year prior) and pricing. Full-year fiscal 2026 revenue hit $20.25 billion (+175%). Five new multi-year supply agreements secure over a third of FY27 bits with $42 billion minimum revenue. Guidance for fiscal Q1 2027 is $10.3-10.8 billion revenue and $44-46 non-GAAP EPS; $6 billion buyback authorized after debt repayment.

TER (Teradyne) - Weight 7.26%

Teradyne achieved record Q2 2026 revenue of $1.329 billion (+104% YoY) and non-GAAP EPS of $2.47, with AI-related demand exceeding 60% of sales and semiconductor test (especially memory and compute) driving 128% growth. First-half revenue nearly doubled year-over-year. Q3 guidance is $1.2-1.3 billion revenue and $1.85-2.15 non-GAAP EPS. New UltraFLEXplus instruments launched for AI/data center testing; robotics and product test also grew. Backlog remains healthy with visibility into 2027 growth.

INTC (Intel) - Weight 5.89%

Intel reported Q2 2026 revenue of $16.1 billion (+25% YoY) and non-GAAP EPS of $0.42 (beating estimates), with Intel Products (especially DCAI servers) up 28% on higher ASPs and mix. Foundry progress includes 18A ramp and 14A momentum. Capex raised to $20 billion for 2026. Q3 guidance is $15.8-16.8 billion revenue and $0.38 non-GAAP EPS. Supply constraints persist; AI compute demand is accelerating across CPUs, ASICs, and packaging.

LRCX (Lam Research) - Weight 5.55%

Lam Research posted record fiscal Q4 2026 (ended June) revenue of $6.72 billion (+30% YoY) and non-GAAP EPS of $1.82, with NAND revenue doubling sequentially. Full-year fiscal 2026 revenue was $23.23 billion (+26%). WFE spending outlook raised to low $150 billion for calendar 2026. September quarter guidance is $8.1 billion revenue (±$400 million) and $2.15 EPS (±$0.15). Customer support hit nearly $2.5 billion; dividend increased 27%. Strong AI-driven capacity and technology transitions support 2027 outperformance.

AMD (Advanced Micro Devices) - Weight 5.19%

AMD delivered Q2 2026 revenue of $11.5 billion (+50% YoY) and non-GAAP EPS of $1.66, with data center more than doubling to $6.7 billion (58% of total) on EPYC CPUs and Instinct MI350 GPUs. Multi-year GPU deals signed with OpenAI and Meta (up to 6 GW each). Q3 guidance is ~$13 billion revenue (±$300 million) and ~56% non-GAAP gross margin. Client/gaming and embedded also grew; cash ended at $13.1 billion. Data center expected to more than double again in 2027.

DELL (Dell Technologies) - Weight 4.44%

Dell reported fiscal Q2 2027 (ended July) record revenue of $47 billion (+58% YoY) and non-GAAP EPS of $7.04 (+203%), with ISG up 89% to $31.8 billion. AI-optimized servers generated $16.4 billion revenue, $60.9 billion in orders, and $95 billion backlog. Traditional servers/networking +122%. Full-year FY27 guidance raised to $192 billion revenue (+69%) and $25.50 non-GAAP EPS. Q3 outlook: $49 billion revenue and $6.50 EPS. Operating leverage strong as expenses fell to 8.5% of revenue.

LITE (Lumentum) - Weight 3.89%

Lumentum achieved fiscal Q4 2026 revenue of $1.01 billion (+109% YoY) and non-GAAP EPS of $3.23, with operating margin at 36.6%. Full-year fiscal 2026 revenue was $3.01 billion (+83%). Cloud/AI optics (800G/1.6T transceivers, OCS, CPO lasers) driving growth; systems segment +123%. Q1 FY27 guidance: $1.225-1.275 billion revenue and $4.05-4.35 non-GAAP EPS (39.5-40.5% operating margin). Partnerships and capacity expansion underway for AI infrastructure.

MRVL (Marvell Technology) - Weight 2.99%

Marvell reported fiscal Q2 2027 revenue of $2.739 billion (+37% YoY, record) and non-GAAP EPS of $0.94, with data center up 46% to 79% of sales on custom silicon, electro-optics, and switching. FY27 revenue outlook raised to ~$12 billion; FY28 to ~$18 billion. Celestial AI acquisition completed for photonic interconnects; NVIDIA partnership announced. Q3 guidance: $3.15 billion revenue (±5%). Broad-based AI bookings remain robust with accelerating custom business in H2.

4. Multi-year track record

As of yesterday, that hypothetical $1,000 was worth $73,592.77 in the strategy, versus $7,730.35 in S&P 500.

Fich Equities Strategy vs. SPY - growth of $1,000 since inception (log scale).

Disclaimer: Past performance is not indicative of future results. All strategy performance metrics and stated returns are net of a 0.10% commission fee per trade. This letter is for informational purposes only and does not constitute investment advice. For comprehensive historical data and complete execution logs, visit fich.ai.

Crypto Strategy - Good Morning Bulls

Fich.ai — Fri, 28 Aug 2026 07:57:40 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $148,513

1. Market overview

Bitcoin rose about 23% to around $79,000–$80,000, its second-best weekly gain since 2021; Ethereum gained roughly 29–31%, and XRP surged about 45–50%. Total crypto market capitalization increased toward $2.7 trillion, helped by a short squeeze that liquidated billions in bearish positions, improved liquidity signals, and a weakening dollar. Spot Bitcoin ETFs saw over $1.9 billion in net inflows for the week, with similar momentum in Ethereum and emerging Solana products.

Regulatory and institutional momentum supported sentiment, including progress on the CLARITY Act and SEC moves toward a proposed crypto custody rule and a framework for crypto asset investment contracts. Traditional finance integration accelerated as major banks explored stablecoin issuance, Charles Schwab added Solana, Avalanche, and Chainlink, and tokenized deposit and securities initiatives expanded across Asia and Europe.

Technology and protocol updates advanced, including Ethereum's preparations for post-quantum cryptography for staking, Bitcoin's first quantum-safe transaction on mainnet, and governance changes at projects such as Ethena and LayerZero that boosted their tokens.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 27 August 2026, Fich investment strategy returned +31.42% in August so far, against +27.61% for Bitcoin and +34.81% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 27 August 2026 the system closed 5 positions and opened 9 new positions, leaving the portfolio at roughly 5.6% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +36.35%. Hit rate: 5/5 (100% winners).

Current portfolio:

New Portfolio update

Risk appetite improved across altcoins this week, with several names breaking long-running downtrends as catalysts converged around major network upgrades, institutional adoption, and rising on-chain usage.

VeChain (VET) snapped a year-long downtrend after a sharp 12–20% move, accompanied by a surge in derivatives activity (futures volume and open interest jumping materially). The key near-term driver is the Interstellar upgrade on Sept. 16, which strengthens EVM compatibility and developer tooling, adding a clear fundamentals tailwind alongside renewed enterprise narrative support.

Stacks (STX) remains the standout on momentum and fundamentals, rallying roughly 90% after the PoX-5 hardfork enabled self-custodial Bitcoin staking/bonds. Usage metrics are responding (TVL and DEX activity rising, fees sharply higher), while attention is turning to the Genesis Bond launch around Sept. 10 and a growing list of institutional integrations and commitments—shifting the "Bitcoin yield" story from concept to execution.

LayerZero (ZRO) advanced on a major product narrative with the unveiling of ATLAS, positioned as a headless trading/settlement engine tied to its upcoming Zero chain. Markets reacted positively to the token value capture design (a large portion of fees directed to buybacks/burns and staking-based rebates), reinforcing the view that higher platform usage could translate into more direct, volume-linked demand for ZRO.

In Solana DeFi, activity is broadening: Raydium (RAY) and Jupiter (JUP) both benefited from rising ecosystem volumes. Raydium's recent LaunchLab changes (security and pool structure updates) and milestone volumes support the "infrastructure scaling" thesis, while Jupiter's product expansion—most notably Lend v2 and increased trading activity—signals strengthening engagement and revenue potential.

Elsewhere, Convex Finance (CVX) is participating in the DeFi rotation, supported by a clean technical turn higher and improved governance participation, while Falcon Finance (FF) leaned into the RWA trend with a regulated tokenization pipeline (including tokenized GPU forwards) and continued expansion of its USDf ecosystem—keeping RWA/credit-style narratives in focus. Kite (KITE) gained on payments and integration headlines (including PYUSD support and ecosystem partnerships) after restoring confidence post-incident, and Jasmy (JASMY) continued to ride improving price structure alongside ongoing JasmyChain L2 progress and enterprise commercialization efforts.

Overall, the highest-conviction signals are concentrated where catalysts are time-bound and measurable—notably VET's upgrade window, STX's institutional staking/bond rollout, and ZRO's clearer fee-to-token linkage—while Solana-linked names are being pulled higher by sustained ecosystem throughput and product-driven volume growth.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $148,513 in the strategy, versus $11,146 in spot Bitcoin and $19,204 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Bulls in Control

Fich.ai — Fri, 21 Aug 2026 07:41:20 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $125,301

1. Market overview

The cryptocurrency market saw sharp volatility and renewed optimism: Bitcoin rose from around $63,000 to above $72,000 (up over 12% in two days), its strongest level since early June.
The rally was largely driven by the U.S. Treasury’s plan to significantly expand long-end bond buybacks, which lowered Treasury yields, eased financial conditions, and triggered over $1 billion in short liquidations across crypto exchanges.
Ethereum and select altcoins joined the rebound, reflecting broader risk-on sentiment, while Bitcoin ETFs continued to post positive net inflows, signaling sustained institutional interest despite earlier security incidents such as the Coldcard wallet exploit.
U.S. regulatory momentum improved sentiment: the SEC advanced its proposed “Regulation Crypto Assets” framework for certain digital-asset investment contracts, and industry leaders plus the Trump administration pushed the Digital Asset Market Clarity (CLARITY) Act toward a key procedural vote to clarify SEC vs. CFTC roles and standardize exchange rules.
The week underscored crypto’s growing linkage to traditional finance, with price action sensitive to bond-market moves; despite ongoing security and regulatory risks, macro tailwinds and policy progress supported cautious optimism into late 2026.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 20 August 2026, Fich investment strategy returned +10.88% in August so far, against +16.12% for Bitcoin and +24.92% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 20 August 2026 the system closed 1 position and opened 2 new positions and held 3 from the previous week, leaving the portfolio at roughly 5.8% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +11.75%. Hit rate: 1/1 (100% winners).

Current portfolio:

New Portfolio update

Political and adoption-driven catalysts were the dominant themes across this week’s highlighted crypto names, with both TRUMP and ARB seeing sharp rebounds and a clear pickup in liquidity.

TRUMP rallied on renewed pro-crypto political headlines tied to President Trump’s legislative push, alongside market chatter around potential U.S. government or institutional accumulation and regulatory proposals viewed as supportive for the token’s ecosystem. Social momentum and holder-focused promotions helped reinforce the move, with the token posting an 18% weekly rebound and trading activity accelerating, pointing to a headline-sensitive setup where sentiment shifts can translate quickly into price and volume spikes.

Arbitrum outperformed the broader market as activity and participation metrics strengthened. ARB gained sharply on the day and week while 24-hour trading volume surged, reflecting renewed trader engagement. Derivatives positioning also improved, with Arbitrum rising to a leading venue for perpetual futures by daily volume and elevated open interest. On the fundamentals side, the network reached a record base of real-world asset holders and continued expanding through new Orbit chain launches and infrastructure integrations that improve bridging and settlement. The Arbitrum DAO’s move toward yield-based treasury funding also signals an effort to reduce reliance on direct token sales, supporting a more sustainable funding path as ecosystem usage grows.

Overall, the key signal is a shift toward higher conviction and liquidity: TRUMP remains primarily driven by political newsflow and social hype cycles, while ARB’s strength is increasingly underpinned by measurable ecosystem adoption and trading infrastructure momentum.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $125,301 in the strategy, versus $10,143 in spot Bitcoin and $17,795 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Low Volatility

Fich.ai — Fri, 14 Aug 2026 07:15:07 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $110,396

1. Market overview

Crypto markets stayed relatively stable: Bitcoin traded around $63,000–$65,000 and settled near $64,000; Ethereum ranged roughly $1,880–$1,930. Total market cap held near $2.3 trillion, with steady institutional inflows into Bitcoin and Ethereum ETFs (over $760 million into Bitcoin products over the last seven days).

U.S. regulatory timelines slipped: the Senate delayed a vote on the Digital Asset Market Structure Clarity Act until after the August recess (now aiming for mid-September). The SEC also deferred its planned “innovation exemption” for tokenization and canceled a meeting to propose broader Reg Crypto rules due to concerns from Wall Street and the White House.

Stablecoin transparency advanced: Tether reported completing a full financial audit by KPMG for its roughly $180 billion USDT stablecoin, receiving an unqualified opinion.

Security risks persisted: Trezor disclosed a data breach at a fulfillment partner affecting about 14,000 customers, exposing personal details (names, shipping addresses, emails, phone numbers) tied to recent orders, while device security was not compromised.

Industry activity continued despite cautious sentiment: Metaplanet reaffirmed sizable Bitcoin holdings and introduced BitBonds; blockchain lender Figure reported positive revenue growth; tokenized asset initiatives expanded (including efforts from Binance and MUFG). Some altcoins showed selective strength, including Cardano gains tied to interoperability.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 13 August 2026, Fich investment strategy returned −2.31% in August so far, against +0.96% for Bitcoin and +1.26% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 13 August 2026 the system closed 2 positions and opened 1 new position and held 3 from the previous week, leaving the portfolio at roughly 19.4% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −6.68%. Hit rate: 0/2 (0% winners).

Current portfolio:

New Portfolio update

Chainlink is showing one of the strongest near-term fundamental setups in large-cap crypto, driven by accelerating institutional adoption and new monetization pathways. The headline development is BitGo’s decision to migrate more than $7.7 billion in Wrapped Bitcoin to Chainlink CCIP as its exclusive cross-chain infrastructure following an institutional-grade review, reinforcing Chainlink’s position as critical middleware for secure asset movement. In parallel, the August rollout of paid Data Streams for market makers and algorithmic traders introduces a clearer, recurring revenue channel tied to real-time market data demand.

Additional proof points are stacking up: Circle is integrating Chainlink Proof of Reserve for its new cirBTC product, and on-chain positioning suggests growing conviction, with whale accumulation at a five-month high and large holders nearing 47% of supply. Beyond crypto-native use cases, Chainlink’s push into traditional finance remains a key theme—highlighted by Project Pangea’s collaboration with more than 50 banks across Europe and South Korea (representing roughly $10 trillion in AUM) to enable T+0 FX settlement using stablecoins, alongside integrations and pilots spanning Robinhood Chain, SGX FX, and tokenized securities efforts with major market infrastructure players. Overall, the combination of institutional validation, expanding real-world utility, and improving monetization supports a constructive outlook as sentiment stabilizes and the market watches for a technical break higher from current levels around $8.70.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $110,396 in the strategy, versus $8,819 in spot Bitcoin and $14,425 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Real-World Momentum

Fich.ai — Fri, 07 Aug 2026 08:19:55 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,695

1. Market overview

The crypto market was relatively stable over the past week: Bitcoin traded around $64,000 and Ethereum near $1,900, both down less than 1% amid subdued volatility and mixed macroeconomic signals. Overall crypto market capitalization stayed near $2 trillion, underperforming gains in traditional equities, while institutional inflows into crypto products appeared to moderate.

BlackRock’s iShares Ethereum Trust (ETHA), the largest spot Ether ETF with over $5 billion in assets, announced a 1-for-3 reverse split effective in October to optimize share pricing and potentially tighten bid-ask spreads. Ethereum-focused ETFs continued to see net inflows despite broader market caution.

Regulatory attention remained high as the U.S. Senate deferred action on the Digital Asset Market Structure Clarity Act until after the summer recess, with a vote now likely in September. The delay added downward pressure on some tokens such as XRP, while advocates continued to push the bill as a path to clearer agency jurisdiction.

Corporate adoption continued: Tether expanded tokenization efforts into Saudi Arabia focused on institutional real estate assets, and traditional finance firms explored broader stablecoin uses for payments and settlement.

Security and governance risks were highlighted by reports of critical vulnerabilities in Bitcoin-related projects identified via AI-assisted audits, and a reported power struggle at Ondo Finance following the founder’s passing, drawing regulatory and investor scrutiny.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 6 August 2026, Fich investment strategy returned +0.61% in August so far, against +2.28% for Bitcoin and +2.23% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 6 August 2026 the system closed 4 positions and opened 3 new positions and held 2 from the previous week, leaving the portfolio at roughly 10.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −1.18%. Hit rate: 1/4 (25% winners).

Current portfolio:

New Portfolio update

Across ZEC, TAO, and DOT, the clearest theme is accelerating real-world utility paired with catalysts that could sustain recent momentum.

Zcash (ZEC) is seeing tangible payments adoption in higher-value use cases, with new channels for real-estate transactions, travel bookings, and privacy-focused digital services. That fundamental boost is arriving alongside constructive technical signals, including a daily golden cross, and is now converging with an important governance inflection point: the late-August NU7 vote on proposed protocol and issuance changes. With markets already watching for the next major upgrade later this year, the combination of expanding utility and imminent decision-making could keep ZEC sentiment highly reactive around key resistance levels.

Bittensor (TAO) continues to strengthen its “decentralized AI” investment case as subnets push into monetizable, real-world activity—most notably GPU rental models and incentive-driven creator campaigns—while new treasury and validator mechanisms improve coordination and trustless distribution. On the demand side, broader payment enablement and ongoing institutional positioning via major fund allocations reinforce the narrative that TAO is moving from experimentation toward scalable economic activity, setting the stage for continued volatility and event-driven upside as ecosystem milestones approach.

Polkadot (DOT) is being supported by both market structure and longer-horizon fundamentals. A recent breakout triggered notable short covering and renewed trader interest, while prior reforms have improved the asset’s institutional profile through lower inflation dynamics, staking improvements, and regulated exposure via an ETF. With additional scalability-oriented upgrades slated for the coming quarters, DOT’s setup increasingly reflects a network shifting from “potential” to “implementation,” benefiting from altcoin rotation as investors selectively re-rate assets with clearer roadmaps and improving token mechanics.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,695 in the strategy, versus $8,934 in spot Bitcoin and $14,563 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - Embrace the Volatility

Fich.ai — Wed, 05 Aug 2026 05:54:46 GMT

Fich Public Equities just experienced its highest drawdown since 2012, reaching 35.72% from its portfolio peak. In July, our Stocks Portfolio swung 23%, primarily driven by the sharp sell-off in semiconductor and memory stocks, bringing our year-to-date returns to 100.6%. While many see this as a cause for concern, we trust the math. Our portfolio is positioned exceptionally well for the next leg up. Embrace the opportunity while it lasts.

Annual Returns — Fich Strategy vs SPY

1. Macro Overview

U.S. equities were flat to slightly positive over the past 30 days into early August 2026, but performance dispersion was extreme as semiconductor and memory stocks sharply unwound from AI-driven momentum.

The equal-weighted S&P 500 significantly outperformed the Nasdaq-100 in July (equal-weighted up about 1.1% vs. QQQ down about 6.6%), reflecting rotation away from concentrated mega-cap tech leadership toward broader market participation.

The PHLX Semiconductor Index fell more than 20%, with some memory stocks down 30%+, driving much of the tech weakness.

Treasury yields rose (10-year nearing 4.7%, up roughly 20 bps over the month), signaling shifting capital dynamics.

Q2 earnings generally beat expectations across sectors (notably Information Technology, Energy, and Communication Services), but market reactions were mixed due to concerns about elevated AI-related capex.

Sector rotation favored Financials (+6.2% in July), Energy (+12.1%), Communication Services (+1.0%), Healthcare (+2.5%), Consumer Staples (+2.4%), and Real Estate (+2.4%), while Information Technology declined around 8% amid the chip-stock reversal and momentum unwind.

Fich Monthly Returns (2012 – present)

2. Last month overview: Fich Equities vs the market

In July 2026, Fich Equities strategy returned −23.00% in July, against +0.03% for the S&P 500.

Stepping back to the year-to-date picture:

3. The portfolio at this rebalancing: bought, sold, and held

On August 4, 2026, the system closed 1 position, opened 1 new position and held 10 from the previous months, leaving the portfolio at roughly 3.08% cash.

The algorithm systematically closes underperforming stocks while holding positions with strong momentum.

Closed trades, return on each closed position:

New position:

In August 2026, Fich Stocks Strategy allocated 3.99% of its portfolio into Dell Technologies DELL at $429 per share.

Current portfolio:

Portfolio update

STX (Seagate Technology) - Weight 20.84%. Seagate reported strong fiscal Q4 2026 results with revenue of $3.63 billion, GAAP gross margin of 52.3% (non-GAAP 52.7%), GAAP diluted EPS of $5.58, and non-GAAP EPS of $5.71. For the full fiscal year, revenue reached $12.2 billion (up 34% year-over-year), with GAAP gross margin of 45.6%, non-GAAP EPS of $15.58, record free cash flow of $3.1 billion, debt reduction of $1.4 billion, and $810 million returned to shareholders. The company highlighted robust cloud data center demand driven by AI-accelerated data generation, positioning its Mozaic platform and HAMR technology for sustained mass-capacity storage growth. Q1 2027 guidance calls for revenue of approximately $4.1 billion and non-GAAP EPS of $7.30. The stock has shown significant gains amid ongoing AI infrastructure momentum, with participation at FMS 2026 underscoring its leadership in high-capacity drives.

WDC (Western Digital) - Weight 18.64%. Western Digital is scheduled to report fiscal Q4 and full-year 2026 results on August 5, 2026, with elevated expectations tied to AI-driven enterprise storage demand. Earlier, fiscal Q2 2026 delivered revenue of $3.02 billion (up 25% year-over-year), GAAP gross margin of 45.7% (non-GAAP 46.1%), and strong free cash flow generation. Management has noted sold-out HDD capacity for 2026 under long-term agreements, supported by continued data center and high-capacity drive adoption in an AI-driven environment. Analysts anticipate robust revenue and earnings growth in the upcoming report, though some caution exists regarding post-spin visibility following the Sandisk separation. The stock has risen substantially year-to-date, reflecting optimism ahead of the print.

MU (Micron Technology) - Weight 14.25%. Micron has delivered record results fueled by AI memory demand, with fiscal Q1 2026 revenue reaching $13.64 billion and strong sequential growth continuing into subsequent quarters. The company has secured strategic customer agreements in the automotive sector and highlighted ongoing supply constraints in high-bandwidth memory, with Samsung noting prolonged shortages. Performance has been driven by execution in data center and AI applications, though the stock has experienced volatility amid broader sector rotations and high valuation expectations. Micron remains a key beneficiary of AI infrastructure buildout, with analysts projecting sustained momentum despite periodic pullbacks.

SNDK (SanDisk) - Weight 8.67%. Following its separation from Western Digital, SanDisk has seen explosive growth tied to AI storage needs, with shares up over 500% in 2026 at peaks before recent volatility. Fiscal Q3 results showed revenue nearly doubling sequentially to approximately $5.95 billion, non-GAAP gross margin expanding to 78.4%, and adjusted EPS surging to $23.41, supported by BiCS8 technology (now a significant portion of bits shipped) and data center revenue growth exceeding 200% in some periods. The company maintains a debt-free balance sheet, strong free cash flow, and a $6 billion buyback authorization, with Q4 guidance pointing to further sequential increases. Q4 earnings are due August 5, with analysts citing robust NAND pricing and AI server storage demand, though the stock has faced sharp corrections amid sector rotations.

TER (Teradyne) - Weight 8.11%. Teradyne reported record Q2 2026 revenue of $1.33 billion (up over 100% year-over-year) and non-GAAP EPS of $2.47, significantly beating estimates, driven primarily by AI-related semiconductor test demand. The company has delivered consecutive quarters of record performance, with strong margins and upbeat guidance for Q3 (revenue $1.2–1.3 billion). Management highlighted AI as the key driver, with analysts raising price targets in response to execution and visibility in test equipment for advanced chips. Robotics and system test segments provide additional diversification, though near-term focus remains on semiconductor test strength amid the AI cycle.

INTC (Intel) - Weight 6.24%. Intel reported Q2 2026 revenue of $16.1 billion (up 25% year-over-year) amid ongoing recovery efforts in its foundry and product businesses. The company continues to advance its AI PC and packaging initiatives, including collaborations for on-device Agentic AI, while facing competitive pressures in AI accelerators. Recent news includes overtime incentives at its Ohio facilities and mixed analyst views on server and foundry outlook. The stock has shown volatility but responded positively to certain product pricing actions and yield improvements. Intel’s turnaround narrative centers on regaining share in data center and foundry amid broader AI infrastructure demand.

LRCX (Lam Research) - Weight 5.79%. Lam Research posted record fiscal Q4 2026 results with revenue of $6.72 billion (up 30% year-over-year), non-GAAP gross margin of 52.0%, operating margin of 38.4%, and EPS of $1.82, exceeding estimates. The company raised guidance for the next period to approximately $8.1 billion in revenue, reflecting robust AI-driven wafer fabrication equipment demand and the highest gross margins in two decades. Systems and customer support revenue grew strongly, with management citing sustained semiconductor spending tied to AI. The stock rallied on the beat-and-raise, reinforcing Lam’s position as a leading indicator for AI infrastructure capital expenditures.

DELL (Dell Technologies) - Weight 3.99%. Dell continued its AI server momentum in 2026, highlighted by Dell Technologies World where it announced the next-generation AI Factory with NVIDIA, reaching 5,000 customers for on-premises AI solutions. The company has built a substantial AI server backlog, supported by earlier workforce optimization (approximately 11,000 positions reduced in fiscal 2026 to fund growth initiatives). Focus remains on enterprise AI infrastructure, data foundations, and partner enablement, with events underscoring leadership in scaled AI deployments and disaggregated inference. Dell is well-positioned in the hybrid AI market, balancing hardware innovation with services.

CIEN (Ciena) - Weight 3.80%. Ciena has benefited from AI-related optical networking capital expenditures, reporting a record backlog and expectations of triple-digit EPS growth in 2026. The company strengthened its leadership in AI networking with expertise showcased at industry events and key executive appointments. Analysts view shares as attractive on cash flow metrics despite premium valuations, with moderate buy consensus. Ciena’s optical infrastructure solutions are increasingly critical for high-speed, low-latency AI data center interconnects, supporting durable demand in the networking layer of AI buildout.

LITE (Lumentum) - Weight 3.59%. Lumentum has experienced dramatic gains, with the stock up over 1,000% in the past year, driven by its strategic partnership with NVIDIA (including a multi-billion-dollar investment and purchase commitments for lasers and optical components). Demand for its photonic and optical solutions in AI infrastructure has propelled strong growth projections, with fiscal Q2 2026 earnings (due August 11) expected to show over 100% revenue growth and nearly 240% EPS increase. The company continues to expand capacity and secure design wins, solidifying its role in high-speed optics for AI networking and data centers. It was added to the S&P 500 amid the rally.

MRVL (Marvell Technology) - Weight 3.00%. Marvell advanced its AI memory infrastructure portfolio in early August 2026 with new Bravera SSD controllers, Structera X CXL memory expansion, and Photonic Fabric for optical shared memory, targeting agentic AI inference challenges such as KV cache growth and token efficiency. The company will showcase these solutions at FMS 2026 and announced a $250 million investment in India. It also scheduled its Q2 FY2027 earnings call and an Investor Day for October. These innovations position Marvell to address rack-scale and pod-level memory needs in AI servers, supporting higher throughput within existing power and space constraints. The stock reacted positively to the AI-focused announcements.

4. Multi-year track record

As of yesterday, that hypothetical $1,000 was worth $77,738.18 in the strategy, versus $7,792.74 in S&P 500.

Fich Equities Strategy vs. SPY - growth of $1,000 since inception (log scale).

Crypto Strategy - Trust the Process

Fich.ai — Fri, 31 Jul 2026 07:41:56 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $115,235

1. Market overview

Crypto markets saw renewed volatility ahead of the Federal Reserve policy decision; Bitcoin traded around $64,000 and ended the week slightly lower, while Ethereum ranged roughly between $1,860 and $1,900 and altcoins were mixed amid subdued volumes and risk-off sentiment.
Spot Bitcoin ETFs logged net outflows for much of the week, with only modest inflows on select days, reflecting continued institutional caution.
U.S. lawmakers delayed consideration of the Digital Asset Market Clarity Act amid unresolved debates (stablecoins, DeFi classifications, bipartisan support); Europe continued MiCA-related supervisory actions; South Korea confirmed capital gains taxation on crypto holdings above certain thresholds starting in 2027.
Institutional adoption continued via tokenized-asset pilots by global banks under the Bank for International Settlements and the launch of low-fee Ethereum and Solana exchange-traded products by traditional asset managers.
Corporate and security developments included Strategy reporting an $8.2B quarterly loss tied to crypto valuation declines, Coinbase shares falling after a revenue miss, and major security incidents including a Bitcoin wallet vulnerability draining hundreds of BTC and industry-wide exploit losses exceeding $1B in the first half of the year.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 30 July 2026, Fich investment strategy returned +7.04% in July so far, against +10.50% for Bitcoin and +22.03% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 30 July 2026 the system closed 1 position and opened 1 new position and held 5 from the previous week, leaving the portfolio at roughly 0.7% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −1.34%. Hit rate: 0/1 (0% winners).

Current portfolio:

New Portfolio update

Ethereum is seeing a notable resurgence in institutional and large-holder demand. U.S. spot Ethereum ETFs posted their strongest inflows in months, with weekly net additions surpassing $100 million and a larger $196 million-plus stretch in mid-July, led by BlackRock’s ETHA and, in several sessions, outpacing comparable Bitcoin fund flows. In parallel, on-chain and exchange data point to renewed whale accumulation and tightening liquid supply, including multi-million-dollar ETH purchases by prominent market participants and sizable withdrawals from Coinbase Prime—signals consistent with investors positioning for a constructive medium-term move.

Fundamentally, Ethereum’s post-upgrade trajectory continues to strengthen the bull case. Staking participation has risen to roughly a third of supply, while scalability improvements have helped push Layer-2 costs to very low levels and support record deposit activity. Attention now turns to the next major protocol milestone, the planned “Glamsterdam” upgrade, expected to target additional Layer-1 scaling, improved parallel execution, and deeper zero-knowledge proof integration. Combined, these drivers reinforce a narrative of improving network economics and usability—supportive of adoption and potentially a recovery rally if risk sentiment remains stable.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $115,235 in the strategy, versus $8,998 in spot Bitcoin and $14,671 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Utility Protocols

Fich.ai — Fri, 24 Jul 2026 06:54:54 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $114,578

1. Market overview

Crypto markets saw moderate volatility: Bitcoin ranged roughly $64,000–$66,800, while Ethereum held up better amid ETF inflows and technical rebounds; altcoins (Solana, XRP, Cardano) showed mixed moves tied to network upgrades and higher activity. Total market cap hovered around $2.2 trillion as cooling inflation data and ongoing ETF flows competed with broader risk-off pressure from equities.

U.S. regulation remained in focus: the Senate advanced the CLARITY Act, which includes an ethics provision restricting federal officials from issuing or sponsoring digital assets; it may face a floor vote soon, with some bipartisan support but Democratic concerns about conflict-of-interest safeguards. The SEC also agreed to resolve a records dispute with Coinbase via a modest settlement.

Institutional and corporate activity increased: Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation, and Galaxy Digital pursued $3.5 billion in debt financing for infrastructure expansion. Tokenization partnerships (including Securitize and Cantor) grew, while stablecoins saw rising enterprise adoption.

Risks and challenges persisted: reports pointed to increasing violent cyber attacks targeting crypto entities and ongoing difficulties for public companies holding digital-asset treasuries during price consolidation.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 23 July 2026, Fich investment strategy returned +6.43% in July so far, against +11.04% for Bitcoin and +19.49% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 23 July 2026 the system closed 3 positions and opened 4 new positions and held 2 from the previous week, leaving the portfolio at roughly 10.9% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +2.38%. Hit rate: 3/3 (100% winners).

Current portfolio:

New Portfolio update

Real-world asset (RWA) tokenization and tokenized equities were the dominant catalysts across several major altcoins, with multiple signals pointing to accelerating institutional adoption. Ondo gained momentum as tokenized stocks moved closer to mainstream market infrastructure, supported by progress around DTCC-led tokenization pilots and expanding regulatory standing via its Oasis Pro Markets subsidiary, reinforcing the investment case for 24/7, fractionalized access to traditional assets. Hedera strengthened its enterprise narrative through high-profile tokenized collateral and cash-flow streaming use cases with traditional finance participants, alongside improved institutional readiness through regulated custody tooling—developments that underscore a shift from pilots toward practical deployments.

In DeFi, Uniswap benefited from renewed value-accrual narratives and usage growth tied to tokenized equities activity, with governance discussions around directing more protocol economics toward UNI burns and product upgrades designed to attract and retain liquidity. Separately, Cardano’s latest hard fork reduced smart contract costs and improved performance, coinciding with a notable rebound in on-chain activity and positioning the network for further scalability milestones, which could support renewed developer and liquidity interest if broader market conditions remain constructive.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $114,578 in the strategy, versus $9,042 in spot Bitcoin and $14,366 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Ethereum Rebound

Fich.ai — Fri, 17 Jul 2026 06:56:21 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,534

1. Market overview

Crypto markets modestly recovered: Bitcoin rebounded about 3.5% to around $64,000 after dipping near $58,100, supported by softer-than-expected U.S. inflation data that reduced rate-hike expectations and boosted risk-on sentiment.
Ethereum outperformed, rising over 10% as spot ETF inflows resumed, signaling renewed institutional interest; overall crypto market cap stabilized but geopolitical tensions (including U.S. actions related to Iran) added short-term volatility.
Long-term valuation metrics (notably negative MVRV ratios for Bitcoin and some altcoins) suggested potential undervaluation, while whale accumulation remained subdued and social sentiment stayed neutral.
Regulatory and institutional developments: a joint U.S.-U.K. roadmap aimed to align rules for tokenized assets, stablecoins, and cross-border digital finance; Ethereum ETFs posted consistent net inflows while Bitcoin products had mixed flows with some reversals from prior outflows.
Corporate and product activity included a $53 billion takeover bid for PayPal by Stripe and Advent International, Securitize partnering with Cantor Fitzgerald for tokenized stock offerings, T. Rowe Price launching a multi-token actively managed crypto ETF, Citadel Securities investing in Crypto.com, Tether taking a stake in a Latin American neobank, and Aave V4 launching on Avalanche to support tokenized collateral.
DeFi and infrastructure: Ripple joined the x402 Foundation to integrate its assets into AI-driven payment protocols enabling microtransactions for autonomous agents, alongside broader tokenization pilots and custody improvements linking traditional finance and blockchain.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 16 July 2026, Fich investment strategy returned +5.46% in July so far, against +8.88% for Bitcoin and +18.62% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 16 July 2026 the system closed 5 positions and opened 4 new positions and held 1 from the previous week, leaving the portfolio at roughly 25.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +2.72%. Hit rate: 3/5 (60% winners).

Current portfolio:

New Portfolio update

Institutional adoption and on-chain cash-flow narratives strengthened across major crypto infrastructure and DeFi names this week, with multiple catalysts pointing to accelerating real-world usage rather than purely speculative momentum.

Chainlink continued to solidify its role as core “plumbing” for tokenized finance. Its Cross-Chain Interoperability Protocol has now surpassed $21 billion in cumulative transferred volume while supporting more than $62 billion in tokens, alongside sizable recent asset migrations. A growing roster of institutional integrations and data standards adoption reinforces the view that Chainlink is becoming a default interoperability layer for banks, exchanges, and tokenized real-world assets. In derivatives, the launch of a CFTC-regulated LINK perpetual futures product expanded access for U.S. traders, adding a notable market-structure milestone even as price consolidates.

Ethereum saw a clear shift in flows and positioning. Spot ETF inflows resumed after a prolonged outflow streak, led by large allocations into major funds, helping support a strong weekly bounce toward key resistance. High-profile whale buying added to the signal that institutional and sophisticated investors are leaning back into ETH. Separately, the launch of a dedicated nonprofit initiative aimed at coordinating Ethereum’s institutional engagement could reduce fragmentation and accelerate adoption for tokenization, stablecoins, and on-chain finance.

Ethena’s ecosystem momentum increased as significant capital was deployed into yield infrastructure powering a major consumer-facing “Earn” product, lifting early network TVL and rapidly expanding USDe activity on lending markets. Fee reductions and improved mint/redeem rails are lowering friction, supporting adoption growth and reinforcing a constructive near-term setup as participation broadens.

Sky Protocol stood out for fundamentals: revenues and fees reached new highs, enabling an ongoing buyback program that has already retired substantial token supply. Rapid stablecoin supply expansion and large transfers into lending venues signal deeper on-chain capital deployment, strengthening the protocol’s deflationary flywheel and underpinning a more durable support narrative driven by cash flows rather than sentiment alone.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,534 in the strategy, versus $8,866 in spot Bitcoin and $14,261 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - New Approach to the S&P 500 Universe

Fich.ai — Fri, 10 Jul 2026 17:39:18 GMT

Due to significant inbound institutional interest in our investment models, we have refined our public equities strategy to execute strictly within the S&P 500 universe. This structural adjustment ensures that our portfolio parameters meet the strict liquidity and volume thresholds required for large-scale capital deployment.

Annual Returns — Fich Strategy vs SPY

1. Macro Overview

Over the past 30 days (primarily June 2026), major U.S. equity indices showed mixed performance amid a broadening of market leadership: the S&P 500 fell about 1%, the Nasdaq fell around 2.8%, while the Dow Jones rose roughly 2.7% and the Russell 2000 advanced about 3.7–4.2%.

The market rotated away from mega-cap growth and technology concentration (including pressure on the Magnificent 7 and hyperscalers) toward cyclical, value, and small-cap segments, with more stocks declining than advancing over the month.

Sector performance showed strong outperformance in Industrials (+7.3%) and Health Care (+6.6%), with additional gains in Financials and Utilities; Energy (-5%), Communication Services (-7.2%), and parts of Consumer Discretionary weakened.

U.S. Treasury yields rose modestly at the front end with the 10-year around 4.5–4.6%; global government bonds posted small gains, while commodities (including oil) fell sharply.

Algorithmic positioning favored Industrials, Health Care, Financials, and value-oriented small, while reducing exposure to concentrated growth areas, particularly large-cap Technology and Communication Services, amid divergence within the AI trade (semiconductors relatively resilient in spots but hyperscalers under pressure).

Overall, the environment reflects a transition from narrow leadership to more distributed capital allocation, with exposure tilted toward sustained momentum and away from areas with decaying relative strength.

Fich Monthly Returns (2012 – present)

2. Last month overview: Fich Equities vs the market

In June 2026, Fich Equities strategy returned +15.27% in June, against −1.03% for the S&P 500.

Stepping back to the year-to-date picture:

3. The portfolio at this rebalancing: bought, sold, and held

On 10 July, the system held 11 from the previous months, leaving the portfolio at roughly 1.14% cash.

The algorithm systematically closes underperforming stocks while holding positions with strong momentum.

Current portfolio:

Portfolio update

STX (Seagate Technology) - Weight 19.7%. Seagate has delivered exceptional performance amid surging AI-driven demand for data storage, with its stock rising over 500% in the past year and recently trading near $860–$915. Fiscal Q3 2026 results showed revenue of $3.11 billion (up 44% YoY), non-GAAP EPS of $4.10 (beating estimates of $3.50), and gross margins expanding to 47%. The company highlighted strong free cash flow of $953 million and reiterated robust guidance, while announcing exchanges and redemption of exchangeable notes in May–June 2026. Multiple analyst upgrades, including Buy initiations from Melius Research and significant price target increases (to $1,300 from Cantor Fitzgerald and $1,150 from BofA), reflect optimism around HAMR technology and tighter HDD supply. Leadership changes included the retirement of long-serving independent director Michael R. Cannon.

WDC (Western Digital) - Weight 17.84%. Western Digital has capitalized on the AI storage boom, with its stock more than tripling in 2026 and recently trading in the $550–$600 range following strong momentum. Fiscal Q2 2026 revenue reached $3.02 billion (up 25% YoY), with non-GAAP gross margin of 46.1% and upbeat Q3 guidance at the midpoint of $3.2 billion revenue. The company reported 2026 HDD capacity fully sold out and showcased AI-optimized solutions at Computex 2026, including high-capacity Ultrastar HDDs and tiered storage architectures. It was added to the 2026 S&P Dow Jones Best in Class Index for sustainable AI infrastructure. Multiple bullish analyst actions, including Buy initiations from Melius Research and price target hikes (to $900 from Cantor and $730+ from Wells Fargo/BofA), underscore expectations for continued growth in data center and AI applications.

MU (Micron Technology) - Weight 15.17%. Micron reported record fiscal Q3 2026 results with revenue of $41.46 billion, more than quadrupling from the prior-year period, fueled by soaring AI memory demand and higher pricing. The company executed transformational strategic customer agreements, accelerated U.S. investments (including pouring first concrete at its New York fab), and announced up to $3 billion in strategic investments plus agreements with Ford and General Motors for long-term supply. A $250 billion investment plan was highlighted to address AI chip demand. Shares have shown extreme volatility but remain up dramatically on the year, with analysts viewing Micron as a core beneficiary of the memory supercycle despite periodic pullbacks tied to sector rotation.

SNDK (SanDisk) - Weight 10.32%. SanDisk has experienced substantial gains driven by AI memory and NAND demand, with shares recently trading above $1,800 after notable volatility. Fiscal Q1 2026 revenue was $2.31 billion (up 21% sequentially), supported by strong datacenter growth and BiCS8 technology ramping to majority of bit production by year-end. The company is qualifying with multiple hyperscalers, with engagements across five major customers. Analysts remain largely bullish ahead of its August 2026 earnings, citing expected revenue growth, NAND pricing gains, and a “very strong quarter,” though shares have faced pressure from broader memory sector selloffs and competition. Goldman Sachs and others have raised targets significantly, positioning SanDisk as a key AI play.

INTC (Intel) - Weight 7.26%. Intel is advancing its multi-year turnaround with a $200 billion plan gaining traction, focusing on foundry leadership and AI innovations. Recent highlights include the debut of Intel 18A in data centers with Xeon 6+ processors, new Arc G3 handheld gaming chips, and AI solutions showcased at Computex 2026. Leadership appointments at Intel Foundry aim to accelerate development, while process milestones were detailed at the VLSI Symposium. Q1 2026 revenue rose modestly to $13.6 billion, with Q2 guidance in the $13.8–$14.8 billion range. The stock has shown resilience amid market rotations but faces pressure from elevated AI spending expectations and competition; analysts are mixed, with some highlighting the foundry story as “too good to ignore.” Earnings are scheduled for July 23, 2026.

TER (Teradyne) - Weight 7.23%. Teradyne reported record Q1 2026 revenue of $1.282 billion (up 87% YoY), driven by $1.111 billion in Semiconductor Test, with GAAP EPS of $2.53 and non-GAAP EPS of $2.56 both exceeding guidance. The company introduced an integrated test solution for AI and data center devices in collaboration with Tokyo Electron in June 2026 and was named a 2026 VETS Indexes Recognized Employer. Strong demand for AI compute is expected to accelerate in H2 2025 into 2026. Analysts have raised price targets aggressively (to $550 from Susquehanna and Cantor Fitzgerald), reflecting bullish sentiment on semiconductor test growth amid the AI cycle. Q2 guidance was raised, supporting an 81%+ YTD stock gain.

LRCX (Lam Research) - Weight 6.24%. Lam Research continues to benefit from semiconductor equipment demand tied to AI, with its June-quarter earnings call scheduled for July 29, 2026. The company established a Panel-Level Packaging Center of Excellence in Salzburg, Austria, in May 2026 and declared a quarterly dividend of $0.26 per share. Recent analyst actions include price target increases (to $404 from Morgan Stanley), though the stock has faced volatility from China export rules and sector pullbacks. Management is focused on innovation in wafer fabrication equipment to support advanced nodes and AI infrastructure, positioning Lam for sustained growth as memory and logic spending expands.

TPR (Tapestry) - Weight 5.04%. Tapestry, parent of Coach and kate spade, reported strong fiscal Q3 2026 results with revenue of $1.9 billion (up 21%, or 25% pro forma), double-digit growth in operating profit and EPS, and raised full-year guidance. Coach drove 31% revenue growth in the quarter. The company was awarded a U.S. patent for its proprietary AI platform Mira in May 2026, which integrates data for rapid decision-making in assortment, inventory, and trend response. Additional highlights include the appointment of Matt Madrigal to the board in April 2026 and the launch of AndCoach to engage Gen Z consumers. Tapestry returned $1.3 billion to shareholders and improved inventory turnover, demonstrating disciplined execution in a competitive luxury market.

CIEN (Ciena) - Weight 3.8%. Ciena has delivered exceptional returns, with its stock surging approximately 460% over the past year on the back of a $7.7 billion order backlog and robust hyperscale demand for AI-ready optical networking. Fiscal Q2 2026 results modestly beat estimates but guidance slightly disappointed some investors, leading to post-earnings volatility; full-year revenue guidance was raised to $6.3 billion (±$100 million). The company is scaling its data center connectivity portfolio, introduced Blue Planet Configuration and Change Management, and highlighted AI-driven 5G network slicing for long-term growth. Leadership updates include new appointments for Chief Supply Chain Officer and Chief Product/Technology Officer. While valuation concerns exist, the AI networking tailwinds remain a primary driver.

MRVL (Marvell Technology) - Weight 3.28%. Marvell has raised its revenue outlook on strong AI infrastructure demand, with shares surging over 16% on the update and trading at elevated levels. At Computex 2026, Chairman and CEO Matt Murphy keynoted on AI scaling and connectivity. The company announced the industry’s first 102.4 Tbps switch for AI/cloud data centers in June 2026, declared its quarterly dividend, and is undergoing a CFO transition. Recent shipments of 5 million tower PICs for AI data center optics underscore momentum in photonics and custom ASICs. Analysts are optimistic about new growth engines in data center, though comparisons to peers like Broadcom highlight valuation considerations.

LITE (Lumentum Holdings) - Weight 3.00%. Lumentum has been a standout AI optics beneficiary, with its stock skyrocketing approximately 700–730% over the past year and recently trading near $770–$800 (market cap ~$60 billion). The company is expanding co-packaged optics as a potential next growth driver and continues to lead in AI-related optical components alongside peers. It joined the Nasdaq-100 Index, reduced convertible debt via share exchange, and saw its Chair and CEO participate in the Rome Conference on AI, Ethics, and Governance in June 2026. Analysts have raised targets (to $1,200 from Northland) and view pullbacks as buying opportunities, citing its critical role in solving AI data center bottlenecks despite high valuations (trailing PE ~136, EPS $5.66). Fiscal Q3 2026 results are expected in mid-August.

4. Multi-year track record

As of yesterday, that hypothetical $1,000 was worth $82,793.53 in the strategy, versus $7,594.98 in S&P 500.

Fich Equities Strategy vs. SPY - growth of $1,000 since inception (log scale).

Crypto Strategy - Summer Rally?

Fich.ai — Fri, 10 Jul 2026 07:40:36 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,480

1. Market overview

The crypto market remained resilient despite geopolitical tensions, with Bitcoin trading around $62,000 to $64,000 and posting about 2% weekly gains, supported by intermittent positive ETF flows and technical support near its 200-week moving average. Ethereum traded near $1,770 with roughly 1% to 2% gains, helped by a multi-day streak of net inflows into spot Ether ETFs. Altcoins like XRP and Solana edged higher, while memecoins regained momentum amid increased on-chain activity on new layer-2 networks.

Regulatory focus intensified as the CLARITY Act missed its July target, shifting attention to an August 7 Senate deadline. The SEC’s 2026 regulatory agenda signaled planned updates for rules covering crypto exchanges and broker-dealers. Europe’s MiCA implementation tested compliance and user migration, and Brazil introduced new offshore crypto taxation and reporting requirements. Ongoing fragmentation persisted, including restrictions on prediction markets and the rejection of a proposed Bitcoin-backed bond in New Hampshire.

Institutional and technology developments included Robinhood launching a dedicated layer-2 blockchain that drove significant on-chain trading volume and boosted select memecoins. Traditional finance infrastructure advanced with Swift rolling out a blockchain-based ledger for tokenized assets involving major banks, and more than $7 billion in value moved to improved cross-chain protocols. Notable challenges included concerns about corporate Bitcoin treasury strategies amid reported sales, a Cardano wallet incident exposing governance vulnerabilities, and continued net outflows from Bitcoin ETFs over recent weeks despite occasional inflow days.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 9 July 2026, Fich investment strategy returned +5.41% in July so far, against +7.86% for Bitcoin and +11.01% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 9 July 2026 the system closed 3 positions and opened 4 new positions and held 2 from the previous week, leaving the portfolio at roughly 9.2% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +0.17%. Hit rate: 1/3 (33% winners).

Current portfolio:

New Portfolio update

DeFi and payments narratives strengthened across several major protocols this week, led by concrete adoption catalysts, token-economics tightening, and near-term upgrade catalysts.

Uniswap (UNI) gained momentum after becoming the native AMM on Robinhood Chain, quickly processing over $250 million in first-week volume as the network’s liquidity expanded. The integration broadens access to tokenized equities and other real-world assets via Ondo-linked listings, supporting deeper on-chain liquidity and institutional attention. Governance is also in focus, with UNI holders voting on extending fee-burn mechanics to v4 pools across multiple chains—building on an already meaningfully reduced circulating supply and reinforcing a deflationary setup.

Polygon (POL) continued to consolidate its role as a payments-focused settlement layer. PayPal’s announcement of native PYUSD issuance on Polygon (via Paxos) strengthens regulated stablecoin utility for cross-border movement and merchant workflows, while Mastercard’s stablecoin settlement efforts on Polygon underscore enterprise-grade throughput and always-on processing. Network activity remains robust, with stablecoin volume leadership and high transaction counts supporting the adoption thesis, alongside a burn dynamic that is increasingly positioning POL’s supply as net deflationary.

Zcash (ZEC) saw sentiment improve on two fronts: regulatory overhang eased after the SEC closed its investigation into the Zcash Foundation without enforcement action, and institutional optionality remains elevated with an active spot ETF application in the market. Technically and fundamentally, attention now shifts to the Ironwood mainnet activation slated for late July, which introduces a formally verified shielded pool and supply-verification improvements—an important catalyst after prior emergency fixes, and a potential volatility driver into the upgrade window.

JustLend (JST) benefited from a combination of protocol upgrades and incentive-driven liquidity. Recent governance and contract updates aim to improve scalability, capital efficiency, and risk controls, while exchange-backed promotional rewards on TRON are drawing fresh deposits. Higher activity feeds into JST buyback-and-burn dynamics, reinforcing a constructive near-term backdrop as TRON ecosystem usage remains elevated.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,480 in the strategy, versus $8,783 in spot Bitcoin and $13,346 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Fasten the Seatbelts

Fich.ai — Fri, 03 Jul 2026 09:11:45 GMT

Before diving into this week's crypto update, we have a brief request: if you find value in our insights, please share our newsletter within your professional network.

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,275

1. Market overview

Crypto markets consolidated with a modest recovery: Bitcoin traded around $61,000 after testing near $58,000, while total market capitalization fell by more than $120 billion at points.
U.S. spot Bitcoin ETFs saw record June outflows exceeding $4 billion (worst month on record), weighing on major assets amid shifting institutional sentiment and macro headwinds.
Ethereum and Solana rebounded late in the week: Ether rose nearly 10% and Solana gained close to 19%, supported by short covering and easing pressure in tech markets.
Regulatory updates: the EU’s Markets in Crypto-Assets regulation reached its final implementation phase, with July 1 ending transitional periods for service providers; the U.S. SEC continued clarifications on activities like staking and tokenized securities and elevated digital assets as a regulatory priority through 2030.
Corporate and political developments: President Trump’s disclosure reported over $1.4 billion in 2025 income from crypto-related ventures; Strategy (formerly MicroStrategy) announced a $2 billion stock buyback and a new digital credit capital framework; tokenization efforts expanded real-world asset integrations on networks such as Solana and Avalanche.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 2 July 2026, Fich investment strategy returned +5.22% in July so far, against +5.01% for Bitcoin and +8.18% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 2 July 2026 the system closed 5 positions and opened 2 new positions and held 3 from the previous week, leaving the portfolio at roughly 41.9% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +1.97%. Hit rate: 2/5 (40% winners).

Current portfolio:

New Portfolio update

Bitcoin Cash and Solana both showed renewed strength as traders rotated into higher-beta, utility-driven crypto assets, supported by improving market liquidity and constructive technical setups.

Bitcoin Cash extended a strong monthly run, helped by growing confidence in its development roadmap after the Layla hard fork added more advanced smart contract functionality. With price action holding key support near the low-$200s and derivatives positioning leaning bullish, sentiment remains constructive as traders look for continuation if broader crypto conditions stay stable.

Solana outperformed after breaking a major resistance area near $80, underpinned by expanding real-world asset tokenization on the network, rising stablecoin liquidity, and a new on-chain governance framework that strengthens decentralization and stakeholder alignment. Continued institutional interest via spot ETF inflows, alongside short positioning that could amplify upside on a move through the low-$80s, keeps near-term momentum positive as the ecosystem heads toward additional network upgrades and sustained on-chain activity.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,275 in the strategy, versus $8,551 in spot Bitcoin and $13,006 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Deploying More Capital

Fich.ai — Fri, 26 Jun 2026 08:21:09 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $107,101

1. Market overview

Crypto markets saw sharp volatility, with Bitcoin trading around $58,000–$61,000 amid bearish sentiment, elevated ETF outflows, and cautious institutional positioning.
Ethereum and several altcoins faced continued downward pressure tied to broader risk aversion and macroeconomic uncertainty, while total market capitalization hovered near $2.2 trillion.
Despite price weakness, Bitcoin on-chain activity remained resilient, and derivatives markets showed crowded short positioning that briefly supported relief bounces.
Invesco filed for a tokenized fund targeting the stablecoin reserve sector, following its acquisition of tokenized money market fund manager Superstate.
Kraken held talks to acquire a significant stake in DeFi protocol Aave, reflecting continued interest in DeFi infrastructure despite sector challenges and ongoing regulatory scrutiny (including stablecoin customer identification proposals).
The Ethereum Foundation made notable budget realignments within the ecosystem.
Coinbase’s Base layer-2 network experienced a temporary outage that disrupted transaction processing before recovering.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 25 June 2026, Fich investment strategy returned −22.74% in June so far, against −18.84% for Bitcoin and −21.88% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 25 June 2026 the system opened 3 new positions and held 5 from the previous week, with no closes, leaving the portfolio at roughly 6.8% cash.

Current portfolio:

New Portfolio update

Jupiter (JUP) led Solana-linked momentum, supported by tangible supply-and-revenue catalysts. Over the past 90 days the protocol executed more than $5.7 million in JUP buybacks, while weekly revenue distributions have been running around $580,000—placing Jupiter among the top on-chain applications by revenue. A community-approved pause in token emissions further reduces near-term sell pressure, and the continued rollout of new products (including JupUSD integration and additional trading primitives) has helped JUP outperform the broader market with strong recent gains.

Algorand (ALGO) saw a credibility boost from regulation and a longer-dated security narrative. Its inclusion on Japan’s JVCEA Green List is a meaningful gating event that can accelerate compliant exchange listings in a highly regulated market and has already coincided with a sharp weekly move higher. In parallel, the Foundation published a roadmap targeting network-wide quantum resilience by 2027, with initial post-quantum account and tooling milestones slated for 2026—positioning Algorand as proactive on next-generation security while it continues to court institutional and real-world asset activity.

Quant (QNT) strengthened its institutional thesis with both product delivery and enterprise alignment. The launch of Fusion Rollup on mainnet—a multi-ledger rollup designed to connect multiple networks—adds a concrete interoperability milestone, while ongoing bank-facing initiatives in the UK around tokenized deposits and settlement infrastructure keep Quant close to regulated “programmable money” use cases. Technically, QNT has shown signs of a higher-conviction move with an above-average breakout and improving relative strength, reinforcing the view that enterprise-driven catalysts could remain a key tailwind into the second half of 2026.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $107,101 in the strategy, versus $8,306 in spot Bitcoin and $11,990 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - DeFi Rotation

Fich.ai — Fri, 19 Jun 2026 14:28:22 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $109,111

1. Market overview

The crypto market stabilized modestly amid macroeconomic pressures and cautious sentiment; Bitcoin traded around $62,000–$65,000 and Ethereum hovered near $1,700, with total market cap near $2.3 trillion and Bitcoin dominance above 55 percent.
Spot Bitcoin and Ethereum ETFs had mixed flows, including weekly net outflows earlier in the period, suggesting profit-taking and rotation, while institutional holdings remain a substantial portion of Bitcoin supply.
Institutional and regulatory developments continued, with markets watching U.S. Federal Reserve signals; tokenized finance advanced through initiatives in real-world asset securitization, tokenized deposit networks, and on-chain settlement.
DeFi and select altcoins showed pockets of momentum; real-world asset tokenization gained traction via fund launches on high-performance chains, while some DeFi and prediction market platforms drew regulatory and market attention.
Despite liquidations and macro headwinds, crypto infrastructure (custody, stablecoins, institutional-grade products) showed resilience and growing legitimacy as a strategic asset class.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 18 June 2026, Fich investment strategy returned −21.29% in June so far, against −14.55% for Bitcoin and −14.74% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 18 June 2026 the system opened 4 new positions and held 1 from the previous week, with no closes, leaving the portfolio at roughly 40.3% cash.

Current portfolio:

New Portfolio update

DeFi markets saw renewed momentum across major tokens as institutional interest, product expansion, and incentives converged around Uniswap (UNI), Aave (AAVE), Morpho (MORPHO), and WLFI.

Uniswap drew strong bullish attention after Standard Chartered initiated coverage with a $100 price target by 2030, catalyzing a sharp price move and a surge in trading activity alongside a spike in whale participation and on-chain usage. The narrative is increasingly centered on Uniswap’s ability to capture growth from tokenized real-world assets and forthcoming v4 enhancements, with broader discussion also focusing on fee and supply mechanics that could strengthen value accrual as protocol volumes expand.

Aave continued to benefit from an “undervalued” positioning narrative in institutional research, supported by expectations for meaningful protocol earnings and a pipeline of product and collateral expansions. Market focus remains on the V4 architecture’s risk isolation and capital efficiency, alongside efforts to grow institutional-facing RWAs and improve distribution through a consumer app strategy—signals that Aave is pushing simultaneously for stronger fundamentals and wider adoption.

Morpho reinforced its institutional credibility with a major $175 million funding round at a $2 billion valuation led by top-tier investors. Near-term attention is on the planned launch of a confidential USDC yield vault, a product designed to make on-chain yield more palatable for larger allocators by adding privacy features, potentially accelerating inflows on top of an already sizable deposit base.

WLFI’s momentum has been driven primarily by ecosystem growth around its USD1 stablecoin, which has climbed into the top tier by market capitalization, alongside aggressive rewards programs that incentivize holding, staking, and liquidity provision. In parallel, reports pointing to progress toward a national trust bank charter have elevated the regulatory upside narrative, which—if realized—could materially expand institutional operating capabilities and adoption pathways.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $109,111 in the strategy, versus $8,745 in spot Bitcoin and $13,086 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Cash is King

Fich.ai — Fri, 12 Jun 2026 12:00:26 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $109,000

1. Market overview

Crypto markets were volatile: Bitcoin rebounded from intraday lows near $59,000 to trade around $63,000–$64,000 by mid-June, while Ethereum and other major assets faced downward pressure amid macroeconomic headwinds (elevated inflation and shifting expectations for Federal Reserve policy).
Record outflows from U.S. spot Bitcoin ETFs, totaling billions over recent weeks and including more than a dozen consecutive redemption sessions earlier in the period, weighed on sentiment, though flows showed tentative signs of stabilizing toward week’s end.
Geopolitical developments tied to U.S.-Iran tensions contributed to risk-off conditions before de-escalation signals supported a modest rebound in asset prices.
Coinbase launched “Coinbase for Agents,” enabling AI systems (e.g., ChatGPT and Claude) to connect to user accounts for autonomous trading, data access, payments, and purchases within predefined limits.
U.S. lawmakers introduced bipartisan legislation to create a Federal Cryptocurrency Theft Task Force led by the Attorney General to improve coordination against crypto theft, fraud, and cybercrime.
Markets will continue to watch upcoming Federal Reserve decisions and legislative progress, alongside ongoing institutional activity and security-focused initiatives.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 11 June 2026, Fich investment strategy returned −21.37% in June so far, against −13.64% for Bitcoin and −16.62% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 11 June 2026 the system closed 5 positions and opened no new positions, holding 1 position from the previous week, leaving the portfolio at roughly 86.5% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −14.59%. Hit rate: 0/5 (0% winners).

Today, we are letting patience be our most active position, preserving 86.46% of our portfolio in cash.

Current portfolio:

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $109,000 in the strategy, versus $8,838 in spot Bitcoin and $12,798 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Outperforming the Mess

Fich.ai — Fri, 05 Jun 2026 08:23:13 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $120,146

1. Market overview

The crypto market saw heavy volatility: Bitcoin fell from above $73,000 to around $62,000 amid Middle East geopolitical tensions, rising oil prices, and a broader selloff in AI-related equities; Ethereum traded near $1,700 and underperformed Bitcoin, while total crypto market capitalization contracted.
Spot Bitcoin ETFs recorded continued outflows exceeding $1.4 billion; analysts noted short-heavy positioning that could support a technical rebound. MicroStrategy sold 32 BTC, a shift from its long-standing accumulation approach.
Regulatory momentum improved sentiment: the Digital Asset Market Clarity Act advanced in the Senate amid debates over bad actors and SEC vs. CFTC jurisdiction; Coinbase received CFTC approval to offer global crypto perpetual futures.
Industry-specific developments included a long-undetected Zcash bug that could have enabled supply inflation (triggering a sharp price drop before partial recovery), growth in a peptide trading ecosystem using crypto payments, and the unlocking/spending of a rare 2011 physical Bitcoin holding 25 BTC during the downturn.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

June has opened with a broad-based pullback across crypto, and the strategy has not been spared. The relative picture, however, is more constructive than the headline week suggests: while our strategy is tracking roughly in line with Bitcoin and Ethereum month-to-date, the year-to-date gap remains meaningful and is the figure subscribers should focus on.

Through 4 June 2026, Fich investment strategy returned −13.33% in June so far, against −13.29% for Bitcoin and −11.77% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 4 June 2026 the system closed 4 positions, opened 3 new positions, and held 3 from the previous week, leaving the portfolio at roughly 25.0% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −12.17%. Hit rate: 0/4 (0% winners).

Roughly a quarter of the portfolio is in cash this week. That is a direct consequence of the rotation: when the universe-wide momentum signal weakens, fewer names clear the screen and capital sits on the sidelines rather than being forced into deteriorating trends.

Current portfolio:

New Portfolio update

Across key crypto infrastructure names, the dominant theme is accelerating real-world usage paired with supply-tightening mechanics that can amplify price sensitivity.

Render (RENDER) is benefiting from a tangible capacity and demand catalyst: the RNP-023 rollout integrating Salad Network’s large consumer-GPU base as an exclusive subnet. Early 2026 processing activity has been strong, with rising daily active addresses and a faster token burn rate as RENDER remains required for payments and rewards. The market is treating this as a “real utilization” inflection, with AI-infrastructure tokens showing relative strength and RENDER holding key technical support as buyers step in on dips.

Polygon (POL) continues to gain credibility as a stablecoin payments rail. Institutional adoption signals strengthened with expanded settlement availability via major partners and increasing integration-driven volume. Stablecoin supply growth has recently accelerated, and ongoing network and payments-focused initiatives reinforce the narrative of Polygon positioning for enterprise and cross-border payment flows—an on-chain activity tailwind that can translate into renewed investor attention.

Aster (ASTER) stands out on the trading-venue side, driven by a mix of sentiment and improved tokenomics. High-profile commentary has boosted visibility alongside rising perp-DEX activity, while a shift to staking-only distribution cut emissions dramatically, reducing structural sell pressure. Expanded perpetuals offerings and fee-linked buybacks add to the “tighter supply + higher throughput” setup, increasing the potential for sharp moves when volume returns.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $120,146 in the strategy, versus $8,873 in spot Bitcoin and $13,542 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).