Swiss National Bank Rejects Bitcoin Amid Liquidity and Volatility Concerns

The Swiss National Bank (SNB) has officially ruled out adding Bitcoin to its reserves, citing liquidity risks and price volatility as primary deterrents. Despite this rejection, the SNB retains indirect exposure to Bitcoin through equity holdings, highlighting a cautious yet pragmatic approach to cryptocurrency.

Swiss National Bank Rejects Bitcoin Reserves, Cites Liquidity and Volatility Risks

The Swiss National Bank (SNB) has firmly closed the door on adding Bitcoin to its reserves, with President Martin Schlegel citing liquidity concerns and volatility risks as dealbreakers. The announcement at the 2025 General Assembly underscores the institution’s conservative stance toward direct cryptocurrency exposure.

Despite this rejection, the SNB maintains indirect Bitcoin exposure through equity holdings in companies like Tesla, MARA Holdings, and CleanSpark. These investments, valued as of end-2024, reveal a nuanced approach—eschewing direct ownership while acknowledging Bitcoin’s influence on corporate balance sheets.

The decision reflects a broader tension among central banks grappling with digital assets. While some institutions experiment with tokenized currencies, the SNB’s position highlights the enduring perception of cryptocurrencies as high-risk reserve assets. market observers note this could delay institutional adoption timelines in Europe’s conservative banking sector.

Tim Draper Declares Gold Is Dead, Touts Bitcoin’s Superiority

Legendary venture capitalist Tim Draper has reignited the Bitcoin-versus-gold debate with bold proclamations on social media. "Gold just sits there. Bitcoin moves," Draper asserted, highlighting Bitcoin’s borderless, permissionless, and programmable advantages. He positioned the cryptocurrency as a superior financial tool for the modern economy, emphasizing its utility for everyday transactions without reliance on traditional banking systems.

Despite Draper’s enthusiasm, gold has dramatically outperformed Bitcoin in 2025, surging over 20% year-to-date to reach historic highs above $3,500 per ounce. This divergence underscores the ongoing tension between traditional safe-haven assets and digital currencies during periods of global economic uncertainty.

Stripe Announces Development of New USD-Backed Stablecoin Targeting Global Businesses

Stripe is making a strategic pivot into the stablecoin arena with a new USD-backed offering designed for businesses operating outside the US, UK, and European markets. CEO Patrick Collison revealed the initiative via social media, calling for beta testers pending regulatory clearance of Stripe’s acquisition of Bridge—a network that bypasses traditional banking rails like SWIFT.

The move marks Stripe’s most significant crypto play since its 2014 Bitcoin integration. By leveraging Bridge’s alternative settlement infrastructure, the payments giant aims to carve out competitive advantages in cross-border transactions. This development signals growing institutional recognition of stablecoins’ role in modern finance.

While technical details remain undisclosed, industry observers note the timing coincides with escalating competition among fiat-pegged tokens. The product could challenge incumbents like USDT and USDC if Stripe successfully integrates it with existing merchant solutions.

Arkansas City Cancels Crypto Mining Project Amid Community Opposition

Arkansas City has scrapped its proposed cryptocurrency mining initiative following fierce resistance from residents and stakeholders. The project, which involved a private firm deploying high-power servers to mine Bitcoin and other digital assets, faced immediate backlash over noise pollution and energy consumption concerns.

Local opposition crystallized in town hall meetings, where critics lambasted the operation’s lack of transparency and potential strain on municipal utilities. Environmental activists joined residents in protesting the project’s anticipated impact on electricity costs and community quality of life. The decision marks a setback for industrial-scale crypto mining in residential areas.

BlackRock Warns of Potential Shift from U.S. Treasuries to Bitcoin and Gold by China

BlackRock’s Jay Jacobs highlights a growing trend among central banks to diversify reserves amid geopolitical tensions. The freezing of Russian assets has accelerated this shift, with nations like China eyeing Bitcoin and gold as alternatives to U.S. dollar-denominated holdings.

Geopolitical fragmentation is reshaping global finance, driving demand for non-traditional stores of value. Jacobs identifies this as a defining macroeconomic theme for decades to come, with Bitcoin emerging as a credible hedge against dollar dominance.

Bitcoin 40% Undervalued: $3B Institutional Surge Hints at $100K Breakout

Bitcoin trades at $94,225, a 40% discount to its $130,000 intrinsic value as calculated by Capriole Investments’ energy valuation model. The post-halving supply squeeze coincides with $3 billion in ETF inflows and declining exchange reserves, signaling institutional accumulation.

Coinbase and Binance have seen notable outflows, while miner selling pressure has eased following April’s block reward reduction. Technical indicators suggest $100,000 represents the next key resistance level, with on-chain metrics supporting continued upside momentum.