REJECTEDWALL #213
Sam Ikkurty
Posted April 14, 2026
PERMANENT LINKcftcsucks.com/213
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RCIF II - Five bullet Friday - Issue # 25
HI
Since we are almost there, sharing the weekly status report we send to the all investors. This gives a clear
picture on our reporting and transparent process.
Thanks & Regards
Ravishankar Avadhanam
Director of Business Development & Operations
Ph:630-536-4115
www.rosecityfund.com
Please use my calendar for scheduling meetings
https://calendly.com/ravi-69
-----------
Dear Partners,
Crypto market sentiment has improved slightly over the last week. Bitcoin has the most name
recognition from the general public even though most of the developers are working on building on Ethereum.
Bitcoin's market sentiment is negative and it is dragging down the DeFi market even though its fundamentals
are improving.
1. After the recent drop, Bitcoin's 200-day moving average is at $44,666. Historically, it is very rare for
bitcoin to go to 0.6 times the 200-day moving average to the market price. It is already 2-standard deviations
away from the mean. Recently this ratio came down to 0.66, which it did not hit even during the 2019
downturn. Usually the mean value for this is closer to 1.45.
HI
Since we are almost there, sharing the weekly status report we send to the all investors. This gives a clear
picture on our reporting and transparent process.
Thanks & Regards
Ravishankar Avadhanam
Director of Business Development & Operations
Ph:630-536-4115
www.rosecityfund.com
Please use my calendar for scheduling meetings
https://calendly.com/ravi-69
-----------
Dear Partners,
Crypto market sentiment has improved slightly over the last week. Bitcoin has the most name
recognition from the general public even though most of the developers are working on building on Ethereum.
Bitcoin's market sentiment is negative and it is dragging down the DeFi market even though its fundamentals
are improving.
1. After the recent drop, Bitcoin's 200-day moving average is at $44,666. Historically, it is very rare for
bitcoin to go to 0.6 times the 200-day moving average to the market price. It is already 2-standard deviations
away from the mean. Recently this ratio came down to 0.66, which it did not hit even during the 2019
downturn. Usually the mean value for this is closer to 1.45.
2. I don't know if any of you have noticed, but S&P 500 has hit an all-time high for the 40th time this year.
Shiller P/E ratio takes the average earnings for the past 10 years, evening out the variation in a company's
earnings. This ratio is now at 38.73, which is only 2 points away from the December 1999 dot.com boom
time. This asset-bubble cannot happen in the middle of a pandemic without the money printing of the Federal
Reserve.
3. We have added to our position in Axie Infinity (AXS) last week as well. Please note that this token is not
yet integrated with Zapper portfolio. It shows in our Debank portfolio. Axie has generated a revenue of $30
million in just one week. They have not enabled staking yet, but I am collecting the coins in the hope of
staking them in 2 months from now.
Shiller P/E ratio takes the average earnings for the past 10 years, evening out the variation in a company's
earnings. This ratio is now at 38.73, which is only 2 points away from the December 1999 dot.com boom
time. This asset-bubble cannot happen in the middle of a pandemic without the money printing of the Federal
Reserve.
3. We have added to our position in Axie Infinity (AXS) last week as well. Please note that this token is not
yet integrated with Zapper portfolio. It shows in our Debank portfolio. Axie has generated a revenue of $30
million in just one week. They have not enabled staking yet, but I am collecting the coins in the hope of
staking them in 2 months from now.
4. OHM has become the largest staking income generator in our portfolio. As you can see from our Retained
Earnings spreadsheet, we purchased 9158 tokens, which increased to 31,100 OHM tokens as of
today. Olympus DAO treasury has been growing steadily over $50 million in just 3 months. It is simply
amazing that the protocol owns 99.2% of the Sushi pool and this liquidity is locked forever.
Earnings spreadsheet, we purchased 9158 tokens, which increased to 31,100 OHM tokens as of
today. Olympus DAO treasury has been growing steadily over $50 million in just 3 months. It is simply
amazing that the protocol owns 99.2% of the Sushi pool and this liquidity is locked forever.
5. I am amazed at the growth rate of Axie Infinity. The total number of active users went up by 100,000 in
just one week to 350,000 users. Play-to-earn is a new model where more than 90% of the player earnings
can be converted into fiat money. Instead of Web 2.0 games, where all the profits are going to the centralized
companies like Take Two etc, these blockchain games are lifting people out of poverty. This video
explains how this game is lifting people from poverty.
As the popular investing maxim says, "be fearful when others are greedy and be greedy when others are
fearful". Now the entire market is fearful. For long-term investors this is the time to be greedy.
just one week to 350,000 users. Play-to-earn is a new model where more than 90% of the player earnings
can be converted into fiat money. Instead of Web 2.0 games, where all the profits are going to the centralized
companies like Take Two etc, these blockchain games are lifting people out of poverty. This video
explains how this game is lifting people from poverty.
As the popular investing maxim says, "be fearful when others are greedy and be greedy when others are
fearful". Now the entire market is fearful. For long-term investors this is the time to be greedy.
Have a wonderful weekend!
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
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Submission trackF
StatusREJECTED
Posted2026-04-14T08:15:20.000Z
SHA-256 hash67635b434b96dd96a75162bce1c9c03fb8b292aca3bb290c5aa1ee489dabbc59
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