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the rise of crypto assets in modern investment portfolios
The 2021 Investor’s Guide highlights the growing importance of crypto-assets in modern investment portfolios, emphasizing their potential for diversification and risk reduction. With institutional demand rising, a small allocation of crypto can significantly enhance returns, as evidenced by improved Sharpe ratios and cumulative returns over the past six years. As Bitcoin's digital scarcity increases through halving events, retail investors are encouraged to define clear strategies, focusing either on USD gains or accumulating Bitcoin for long-term growth.
British spaceplane developer Reaction Engines files for bankruptcy and layoffs
Reaction Engines Ltd., a British developer of air-breathing rocket engines, has filed for bankruptcy after failing to secure additional funding. Most of its 200 employees have been laid off, and the company is now under administration, with a likely outcome of liquidation. Founded in 1989, it is known for the SABRE engine concept and the proposed Skylon spaceplane, which never progressed beyond the conceptual stage.
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