Crypto Hedge Funds are Outperforming Following Bitcoin’s Decline Since November

Bitcoin ended the month of November down 7% but hedge funds with a more diverse portfolio of cryptocurrencies only dropped 2% for the period according to the Eurekahedge Crypto-Currency Hedge Fund Index. According to Bloomberg, the outperformance may suggest that altcoins could offer investors better returns than Bitcoin which has …

Read more

Swiss SEBA Bank Launches Gold-Backed Digital Token

The Switzerland-based cryptocurrency banking platform, SEBA Bank, has announced the launch of its new digital token backed by physical gold. SEBA Launches Regulated Gold Token In an official announcement on Wednesday, the bank noted that holders of the gold tokens can claim digital ownership of the physical gold stored in …

Read more