September Recap - 10 Years Bitcoin Suisse, Startup Awards, “Think Beyond”, and more
Oct 10, 2023 - 7 min read
It has been one month since we marked a decade of achievements in the crypto and blockchain industry. I would like to pause for a moment to express my gratitude to our valued clients and partners. The immense support we receive consistently reinforces our dedication to our client-centric approach. The success of our clients is our commitment. I am eagerly looking forward to the next ten years and the exciting journey ahead, as we collaboratively shape a prosperous future.
Dr. Dirk Klee, CEO
Products & Services
New Risk Brochure - Special risks of crypto assets
Bitcoin Suisse is the Swiss crypto investment partner and trusted gateway to crypto financial services. We therefore consider it our duty to inform clients and stakeholders about potential risks associated with crypto assets within the scope of our comprehensive institutional offering. Our new brochure, 'Special Risks of Crypto Assets', reflects the latest content and is aligned with the current standards. For further information on investing in crypto assets, the brochure 'Risks Involved in Trading Financial Instruments' by the Swiss Bankers Association (SBA) may offer additional information.
Company & Industry Highlights
10 Years Bitcoin Suisse - Crypto conference at The Dolder Grand
Bitcoin Suisse recently celebrated its 10th anniversary and hosted a crypto conference at the Dolder Grand in Zurich on September 21, 2023. The event was a resounding success, as our founders and other notable figures from the crypto industry shared insights into Bitcoin Suisse's history and presented future perspectives for the crypto sector through a series of keynotes and panels. Reuniting in person was wonderful, and we want to extend our sincere gratitude once more to all our clients, partners, and supporters who have been part of our remarkable ten-year journey.
Top 100 Swiss Startup Award 2023 - Bitcoin Suisse secures 4th place in category «Scale-Up»
VentureLab actively assists startups in their pursuit of successful fundraising and corporate growth throughout their developmental stages. On September 6, 2023, VentureLab held the 13th edition of the Swiss Startup Awards. The Top 100 Scale-Up Ranking acknowledges startups that have exceeded the five-year milestone and are chosen by a panel of growth investors. Bitcoin Suisse proudly claims the 4th place in the Scale-Up category. We are thrilled to be acknowledged in this way.
EVZ x Bitcoin Suisse - The ice hockey season has begun
As a company deeply rooted in Crypto Valley Zug, we take pride in supporting our local hockey team, EVZ, and their community. Our partnership goes beyond just a logo on an advertising space; we are also committed to nurturing talent, which is why we additionally support the EVZ Hockey Academy Foundation. We wish our partner and three-time Swiss champions all the best for the ongoing National League season – Go EVZ!
Think Beyond - Prince Albert of Monaco visits SolarStratos
SolarStratos, a unique technology company based in Payerne, has set its sights on reaching the stratosphere with a solar-powered aircraft. Recently, Prince Albert of Monaco paid a visit to the company, expressing his support for the project. SolarStratos is at the forefront of pushing the limits of what can be achieved in aviation and solar mobility. This 'Think Beyond' mentality resonates with Bitcoin Suisse's pioneering spirit, which is why our partnership was forged in 2021.
Research
Fundamental - Arbitrum
In the latest edition of our Fundamentals series, Crypto Researcher Dominic Weibel explains the basics of Arbitrum. Arbitrum is a Layer-2 solution utilizing what is known as an optimistic rollup, aimed at addressing Ethereum's scalability issues and enabling fast and cost-effective transactions even during periods of high network congestion. Arbitrum shifts a significant portion of transaction processing and smart contract execution from the Ethereum mainnet to a secondary layer above. The optimistic rollup bundles multiple transactions, processes them together, and eventually stores them as a single transaction on the Ethereum network. Arbitrum holds the potential to alleviate Ethereum from its well-known scalability limitations. Curious to learn more? Read the Arbitrum Fundamental here.
Crypto & Macro - Is the bottom in? Version 5.0
Investment Analyst and Crypto Researcher Denis Oevermann once again explores the question: “Is the bottom in?”. The crypto market is currently in the late stage of a bear market. Cryptocurrency and equity markets are at historically high valuations for bear markets, and prices may reverse downward in the short to mid-term. Tightened monetary conditions and the potential for an economic downturn in Q1/Q2 2024 add to this risk. Sentiment, financial conditions, and economic indicators all suggest potential economic repercussions and a "second scare" in asset markets around that time. However, there is hope for a crypto market recovery by the end of 2024, as it tends to respond positively to easing liquidity and monetary conditions. Is the bottom really in? Find out more in the new Crypto & Macro report here.
The Weekly Wrap - The latest news at a glance
Stay informed about developments in the world of crypto with the Weekly Wrap from Bitcoin Suisse every Friday. You can subscribe for The Weekly Wrap here. In case you missed them, here are September’s editions:
- September 1: Labor Recovery, Legal Victories, and Economic Signals
- September 8: Asia's GDP Revisions, DeFi Exchange Settlements, Apple's Stock Decline, and G20 Summit Expectations
- September 15: TradFi Markets, ECB's Surprise Move, and Crypto Sentiment Shift
- September 22: Fed Holds Rates, Oil Prices Soar, Shutdown Looms, Crypto Fund Launch, Mt. Gox Delay
- September 29: Further Hacks, Decisions on ETFs, Shutdown Looms