…for crypto currencies, there are hundreds of individual crypto currencies. These range from Bitcoin with a $100 Billion market cap to
CaliphCoin
with an $83 market cap. EFTA00671265 For some of the same reasons mentioned above regarding applying traditional trading techniques to trade outright cryptocurrencies, we do not believe there is positive expectancy or any arbitrage opportunities to engage in relative value cryptocurrency trading. • ICOs- ICOs have gotten a ton of press recently as the 'hot new thing'. Simply put…