Can Switzerland’s Digital Assets Industry Help Restore Fortunes?
Featured in WealthBriefing
Despite naysayers and critics, the area known as “digital assets” refuses to go away. And a country that appears to be trying to encourage the space is Switzerland. While Swiss banking has been under an unflattering spotlight, the cryptoassets sector appears to retain plenty of energy.
Time to re-establish trust
Featured in Hedgeweek
Safeguarding assets has become critical in the world of digital assets. Edouard Hindi, chief investment officer, TYR Capital, talks through the priorities in the digital assets space and the key factors for growth in the space.
Cryptoverse: British pound fiasco boosts bitcoin’s hedge appeal
Featured in Reuters
As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin.
After Britain’s brief Prime Minister Liz Truss unleashed her mini-budget on Sept. 23, filling financial markets with dread, a section of investors stampeded away from the pound and towards the cryptocurrency .
City traders retreat to Bitcoin as ‘safe haven’ after sterling crash
Featured in the Evening Standard.
The scale of the turmoil in the City’s foreign exchange market caused by the September mini-Budget was laid bare today after new data found sterling’s volatility sparked a ten-fold increase in the volume of pound to Bitcoin traffic on spot exchanges.
Bitcoin now more correlated to stocks and still has value in traditional portfolios
Featured in CityAM
Bitcoin remains a valuable addition to a traditional asset portfolio, according to research by a leading investment manager.
Why Bitcoin Could Be the Unlikely Saving Grace for Investors Right Now
Featured in AlphaWeek
As the crypto market burned, igniting mass hysteria and a widespread sell-off, many commentators were quick to sound the death-knell of crypto. As the Spectator puts it, ‘Crypto is Dead’.
Bitcoin Slips After Best Month of 2022 as Traders Weigh Recovery
Featured in Bloomberg
Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels.
The largest cryptocurrency dropped as much as 3.6% to $22,958 on Monday after breaking above $24,000 over the weekend, its highest since mid-June. Its 27% gain in July made for the best month since October.
Cryptocurrencies: Could Switzerland become a global leader in cryptocurrency?
Featured in Funds Europe
Switzerland, home to a banking and finance system that is traditionally best known for holding old money and guarding client confidentiality, has taken several giant steps in recent years to open its financial markets to the cryptocurrency and digital securities industry.
Tyr Capital appoints CEO
Featured in HedgeWeek
Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as CEO. The residing CEO, Nick Norris, will take over the operational side of the business as Chief Operating Officer (COO), following the launch of Tyr Capital’s new venture fund last month.
Bitcoin rallies after Biden signs executive order on digital assets
Featured in The Economic Times
Bitcoin surged on Wednesday after President Joe Biden signed an executive order that requires U.S. government agencies to assess benefits and risks of creating a central bank digital dollar and other cryptocurrency issues.
