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On July 25th, Meta Platforms (META.O) announced it is adding new intelligent agent-like capabilities to its AI assistant, powered by its latest model, Muse Spark 1.1. The company stated that Meta AI can now access Google Calendar and Gmail and perform tasks such as creating daily updates, assisting with research, and helping with home remodeling projects. This effort is part of CEO Mark Zuckerbergs vision of "personal superintelligence." However, Metas AI software capabilities currently lag behind its competitors. Intelligent agents from companies like OpenAI, Anthropic, and Google have an advantage in handling a wider range of tasks and operating autonomously for longer periods. Zuckerberg also launched an AI optimism campaign this week to promote Metas AI vision.SpaceX (SPCX.O) shares are poised to fall to their lowest closing price since their IPO, currently down about 4.5% at $113.On July 25, Wang Yi stated that President Rahmons successful state visit to China in May, during which President Xi Jinping and President Rahmon made new strategic plans for the development of China-Tajikistan relations, was a significant achievement. The most important outcome of the visit was the signing of the Treaty of Permanent Good-Neighborliness, Friendship and Cooperation between China and Tajikistan, setting a precedent in Central Asia. The two sides also issued a Joint Statement on Deepening the Comprehensive Strategic Cooperative Partnership for a New Era between the Peoples Republic of China and the Republic of Tajikistan, declaring their determination to jointly promote the building of a China-Tajikistan community with a shared future. The common task of the two foreign ministries is to translate the consensus reached by the two heads of state into concrete actions, plan exchanges at all levels, and promote deeper and more practical cooperation in areas such as energy, connectivity, and counter-terrorism and security, so as to bring more cooperative results to the benefit of the people of both countries.July 25th - US President Trump: The EU is back again, and as usual, targeting great American companies directly! After arbitrarily fining Apple $15 billion, Meta $3 billion, Amazon $2.5 billion, and many other companies, we have just learned that Google—a truly advanced and amazing company—has been fined another $1 billion without explanation. This brings Googles total fines to over $18 billion! This illegal and highly discriminatory practice reached such a high level during the first year of the "Sleepy Joe" (Biden) administration, but it will not continue under the Trump administration. America is not Europes ATM, and we will not allow it to be! Therefore, we will immediately launch a Section 301 investigation into this "plundering" of American businesses and harming American taxpayers. The EU will pay a very high price for this illegal and highly unethical behavior, which is exactly what I have been warning them against. These fines will be completely rescinded, and we expect to impose high tariffs on them as soon as possible.The Federal Reserve accepted a total of $675 million from two counterparties in its fixed-rate reverse repurchase operations.

Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange

Cory Russell

Apr 12, 2022 10:43

The two new ETPs on SIX are Bitcoin Zero (BTCO2) and Ether Zero (ETH2O).


The ETPs are the product of a campaign known as "Crypto becomes carbon neutral."


The debut took place at a time when the stock market was in free collapse.


While the crypto market and the stock market are two distinct things, investors can't seem to get enough of both. As a consequence, we are seeing the emergence of Exchange Traded Products (ETPs) (ETPs).


People desire something more sustainable even inside these ETPs, and carbon-neutral ETPs have been designed to meet that need.

Crypto Becomes Carbon Neutral

The influence of crypto on the environment has been a long-debated matter, with no clear answer in sight.


To put a stop to this, the European Union nearly outright outlawed proof of work, but the majority of members voted against it, saving Bitcoin, Ethereum, and other (PoW) cryptocurrencies.


Other businesses, on the other hand, are still attempting to become carbon-neutral, as did an ETP provider for the stock market.


In collaboration with the Swiss FinTech Innovation Lab of the Institute for Banking and Finance at the University of Zurich, Helveteq, a Swiss issuer of ESG-transparent investment products, launched the research-based project "Crypto becomes carbon neutral."


The two ETPs, Bitcoin Zero (BTCO2) and Ether Zero (ETHZ), were born from it (ETH2O).


"It is time to give investors the first carbon neutral crypto ETPs from a Swiss issuer," Dr. Christian Katz, the CEO of Helveteq, said. The relationship between the environment and the blockchain economy is becoming more widely recognized, and we must all work together to create long-term solutions."


These ETPs will be added to SIX's pool of 240 other investment products.

Perhaps Now Isn't the Best Time?

The introduction of the ETPs, which was announced today, was not the best timing given the current state of the crypto market. The market has lost more than $122 billion in total, forming a 6.25 percent long red candle.


However, even before today, the overall market capitalization had fallen below $2 trillion, and is at $1.841 trillion. As a result, there's a significant likelihood that this will have a detrimental impact on the launch of these ETPs.

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