Summer Capital and Black River Invest in Swiss Crypto Bank Start-up

Swiss startup SEBA Crypto AG has received investments from major firms like Hong Kong’s Summer Capital and Black River Asset Management.  Summer Capital Stakes in SEBA Crypto AG Summer Capital, an asset management company from Hong Kong handling upwards of $1 billion, has taken a stake in a Swiss-based start-up called SEBA Crypto AG. The […]

Continue Reading

UBS: Bitcoin Can Replace Fiat Money When It Hits $213,000

Bitcoin will eventually replace the U.S. dollar and all other fiat currencies. When this will happen, nobody knows. However, a recent UBS study concludes that for Bitcoin to replace the U.S. currency, it has to reach a value of about $213,000 USD. Money and Traditional Banking Systems Are Obsolete Fiat money and traditional banking are […]

Continue Reading