Major Swiss Stock Exchange SIX Lists the World’s First Crypto ETP Amidst Market Collapse

The fourth largest European stock exchange, SIX Swiss Exchange, will list the world’s first crypto exchange-traded product next week. Switzerland‘s principal stock exchange SIX Swiss Exchange will list the world’s first crypto-based exchange-traded product (ETP) next week, the Financial Times (FT) reported Saturday, Nov. 16. Backed by the Swiss startup Amun AG, the first global […]

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‘Bitcoin’s No Longer Boring,’ Price Heading Towards $1.5K, Say Bloomberg Analysts

Bloomberg Intelligence analysts predict that Bitcoin “has further to fall,” predicting a fall to as low as $1,500 per coin. Analysts at Bloomberg Intelligence predict that Bitcoin (BTC) “has further to fall,” Bloomberg reported Nov. 16. “Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the […]

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CryptoRuble: How Stable Could Russian National Stablecoin Be?

Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project.   Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]

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Report: Crypto and Oil Market Slumps Are Sign of Approaching ‘Flash Crash’ in Markets

BAML strategists have suggested that recent oil and crypto market dives are indicators of an approaching “flash crash.” Analysts from Bank of America Merrill Lynch have said that the crash in cryptocurrency and oil markets are indicators of a looming “flash crash” in markets, Reuters reported Nov. 16. The strategists reportedly suggested that rising volatility […]

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US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities

In a self-described “first,” the U.S. SEC has imposed civil penalties against two ICOs solely over their failure to register their token sales. In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to […]

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“Wall Street’s Bookkeeper” Enters Test Phase of DLT Replatforming Along With 15 Major Banks

The project claims to be able to process the entire daily volume of the U.S. equities market, however, critics remain doubtful. On Nov. 6, the post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation (DTCC), announced that it is entering the test phase of its attempt to replatform its Trade Information Warehouse (TIW) via […]

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