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July 31st - According to media reports, Doubaos large-scale voice assistant has already been integrated into some new Tesla vehicles. Multiple sources familiar with the matter revealed that Qianwen has also entered the deep testing phase of Tesla Chinas in-vehicle infotainment system and is about to be launched. According to these sources, Qianwen has already completed extensive in-vehicle testing in a real Tesla in-vehicle environment, and its capabilities, including "listening and answering questions, controlling the car, navigating, and handling tasks," are already planned. In the future, the capabilities Qianwen can provide on Teslas in-vehicle infotainment system may far exceed the definition of a simple "voice assistant." As of now, neither Alibaba Cloud nor Tesla China has officially responded regarding when Qianwen will be officially launched in Tesla vehicles.July 31st - Volcano Engine announced the official release of its next-generation video generation model, Seedance 2.5. For enterprise users, Volcano Engine will soon launch API services. Several companies, including XCMG Group, XPeng Motors, Zhiyuan Robotics, Lingchu Intelligence, MicroFlying, Qiongche Intelligence, and XsparkAI, have already reached cooperation agreements with Volcano Engine and will be among the first to integrate Seedance 2.5.Bank of Japan Governor Kazuo Ueda will hold a monetary policy press conference in ten minutes; Switzerlands June real retail sales annual rate will be released in ten minutes.Apple shares fell 6.3% on the Tradegate trading platform after the company projected sales growth for the current quarter to fall short of market expectations.JPMorgan Chase lowered its price target for Reddit (RDDT.O) from $200 to $185.

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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