British Politician Says: Banks Are Broke

During a European Parliament meeting in 2013, the British politician Godfrey William Bloom explained that banks are broke.

During a European Parliament meeting in 2013, the British politician Godfrey William Bloom explained that banks are broke. All the major banks are broke since they lend money they do not have, which is not possible with decentralised digital currencies. Cryptocurrency is an example of digital currencies. Banks are broke Bloom argued that central banks … Continue reading British Politician Says: Banks Are Broke

Morgan Creek Founder Proposes Crypto Hedge Funds Could Shut Down

Morgan Creek Founder Proposes Crypto Hedge Funds Could Shut Down

This year’s continuing bearish market sentiment is making itself increasingly known through recent downturns. Now the founder of Morgan Creek Digital, Anthony Pompliano, says that cryptocurrency hedge funds could soon close down. This comes as the Bitcoin price has reached a new year-low Moreover, this news comes as Bitcoin has recently dipped below the $5,000 … Continue reading Morgan Creek Founder Proposes Crypto Hedge Funds Could Shut Down

Will The Swiss Crypto ETP Pave The Way For A Crypto ETF?

Will The Swiss Crypto ETP Pave The Way For A Crypto ETF

Those following the cryptocurrency markets will by now likely know all about the upcoming Swiss exchange-traded product (ETP). Although this represents a notable step forward for the institutionalization of cryptocurrency, what does it mean for a potential ETF? Europe’s fourth-largest exchange to begin trading crypto ETP Some background might be necessary to preface this story. … Continue reading Will The Swiss Crypto ETP Pave The Way For A Crypto ETF?

The Worlds First Multi-Crypto ETP Listed On Swiss Stock Exchange

The Worlds First Multi-Crypto ETP Listed On Swiss Stock Exchange

Switzerland's stock exchange, SIX Swiss Exchange will list the worlds first multi-crypto-based exchange-traded product (ETP). The Financial Times reports the news on Saturday, November 16th. The Worlds First ETP The Swiss startup Amun AG backs the first global multi-crypto ETP. The plan is to list the ETP under the index HODL. HODL will track the … Continue reading The Worlds First Multi-Crypto ETP Listed On Swiss Stock Exchange