The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. The industry is well used to volatility in the price of cryptocurrencies and is ploughing on with expansion plans regardless of how many dollars you can currently get for your bitcoin. New heads at Switzerland’s oldest crypto firm As management shake-ups go, Bitcoin Suisse has raised the bar to a new level. The crypto company’s...
Read More »Bitcoin and $BITO Mania Grip the Stock Market
$BITO, the first Bitcoin ETF was issued Tuesday morning. The ETF provides retail investors their first true access to Bitcoin without having to open up a crypto wallet account. BITO tracks bitcoin futures and is expected to track the cryptocurrency much closer than the Grayscale Trust (GBTC). Stocks rallied alongside BITO and posted a fifth straight green day. The index is now well established above its 50dma and aiming for new record highs. However, not...
Read More »Special prosecutor appointed in Crypto spy scandal
A Crypto AG encryption device Keystone / Ennio Leanza A special public prosecutor has been named in connection with the Crypto spying affair involving manipulated encryption devices which the CIA and the German intelligence agency used to spy on half the world. Peter Marti, a former judge and district attorney, will look into the violations of official secrecy that took place during the investigation, the supervisory authority of the Office of the Attorney General of...
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