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On March 22, the Iranian military stated that several hours earlier, an enemy F-15 fighter jet was intercepted and struck by Iranian air defense forces surface-to-air missiles in airspace near the southern coast of Iran and the island of Hormuz. An investigation into the incident is underway.British Cabinet Minister Reid: There is currently no assessment to confirm that Iran plans to attack the European capital or has the capability to do so.RIA Novosti: Russian troops have taken control of Potapivka in eastern Ukraine.On March 22, Kirill Dmitriev, Russias Special Representative for Foreign Investment and Economic Cooperation, stated on social media that the EU and the UK will face a fuel crisis within two to three weeks and will be forced to implement rationing to regulate supply. "According to predictions, fuel rationing in the UK and the EU is imminent. The crisis will become clear within two to three weeks," Dmitriev wrote on the X platform on the 21st. "The reality is harsh." He also posted a photo of European Commission President Ursula von der Leyen and EU High Representative for Foreign Affairs and Security Policy Maria Kalas, among others. "Remember these people when youre at a gas station," he wrote.March 22nd - For investors eager to "buy the dip," institutions generally offered cautious advice. "Technical analysis indicates that gold prices have clearly broken through the key support level of the 60-day moving average, meaning further downside potential may be unlocked," one trader advised. Given that negative factors such as the Feds monetary policy and the dollars performance are still unfolding, the short-term downtrend is not yet over, and ordinary investors should not blindly try to catch a falling knife. They should wait for gold prices to consolidate and stabilize within the $4400-$4600/ounce range before gradually accumulating positions for medium- to long-term holding.

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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