RATE Group | Altcoin season? Some Altcoins will never see the Moon
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Altcoin season? Some Altcoins will never see the Moon

Altcoin season? Some Altcoins will never see the Moon

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  • The Swiss financial industry is at the forefront of the Blockchain revolution.
  • The top 10 altcoins by capitalization are on the hunt for King Bitcoin.
  • Bitwise announces that it will continue pursuing its ETF project despite the SEC’s rejection.

Heavy fog limits the view here in southern Europe this morning, and crypto markets cloudy. A mix of negative but expected news collides with other positive as well as familiar stories.

The adverse development is the SEC’s refusal to give the green light to Bitwise in its proposal to launch an ETF. Luckily, Bitwise has already reported that it will persist in pursuing a rule change is set to renew its bid shortly.

On the positive side of the headlines, the news of the day comes from Switzerland. SIX, the operator of the Swiss stock market has reached an agreement with the Swiss central bank (SNB) to make a proof of concept with a digital version of the Swiss Franc.

SIX would be in charge of tokenizing the shares…

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