The head of the Czech National Bank is reportedly proposing to invest 5% of the country’s reserves in Bitcoin ( BTC ). In a new interview with The Financial Times, Aleš Michl says he plans to propose a Bitcoin reserve strategy at the bank’s seven-member board meeting on Thursday, which could make it the first Western central bank to hold crypto. Michl says if his pitch is approved the bank could invest as much as 5% of its 140 billion euro ($146 billion) reserves in Bitcoin. He believes the flagship crypto asset is an opportunity to increase the diversification of the country’s investment portfolio and generate larger returns. Michl points to the greater adoption of Bitcoin, such as the spot market exchange-traded funds (ETFs), and the recent pro-crypto actions by US President Donald Trump, who ordered a study of creating a national stockpile of digital assets. He notes that even without Trump’s actions , he believes Bitcoin would still rise in value. “For the diversification of our assets, Bitcoin seems good. Those [Trump] guys can now kind of create some bubble for Bitcoin, but I think the trend would be an increase without those guys as well, because it’s an alternative [investment] for more people.” Michl acknowledges his viewpoint conflicts from other bankers, but he believes it will lead to a better-performing investment portfolio. “Of course, if you compare my position with other bankers, then I’m the one entering the jungle, or the pioneer. I used to run an investment fund, so I’m a typical investment banker I would say, I like profitability.” Bitcoin is trading for $102,547 at time of writing. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Head of Czech Central Bank Proposes Investing 5% of Country’s Reserves in Bitcoin (BTC) appeared first on The Daily Hodl .
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Illinois Bets Big on Five-Year HODL Bitcoin Reserve Strategy
Illinois is taking a major step toward integrating Bitcoin into state finance with a bold new plan. House Bill 1844, introduced by State Representa... The Daily Hodl
Chainlink and Remittix Top Experts Most Undervalued Crypto List Saying 1000% Rallies Are On The Way
The crypto market is packed with projects, but Chainlink (LINK) and Remittix (RTX) have suddenly landed on many analysts’ shortlists. Some call them part of the “Chainlink and Remittix Top Experts Most Undervalued Crypto List,” predicting a possible 1000% gain in the months ahead. As Chainlink (LINK) stands at $22.66, Remittix (RTX) has already raised $9,000,409.08 in its presale, selling 400,657,591.6 tokens at $0.0418 each. Below is a closer look at how each coin has captured attention and why top experts see both as prime candidates for major growth. Chainlink (LINK): The Go-To for Decentralized Oracles Chainlink (LINK) remains a popular pick among decentralized Oracle solutions since it helps blockchains pull in real-world data like weather reports, stock quotes, or other facts that smart contracts rely on. Over time, many DeFi projects have adopted Chainlink (LINK) oracles for reliable price feeds. Although the token once soared to $52.88 back in 2021, some investors feel its current price of $22.66 still undervalues its true potential. Meanwhile, supporters argue that LINK staking will address any concerns about decentralization by rewarding honest node operators and penalizing those who supply incorrect data. Remittix (RTX): The New Kid on the Block Meanwhile, a fresh contender in cross-border payments, Remittix (RTX), is drawing serious buzz. Known for bridging crypto with everyday finances, Remittix (RTX) aims to reduce costs and complexity when moving money globally. With $9,000,409.08 raised so far and a token price about to jump from $0.0406 to $0.0418, people see big momentum behind the project. Some experts label it part of the “Chainlink and Remittix Top Experts Most Undervalued Crypto List,” implying a huge upside if mainstream adoption ramps up. Of course, critics say new tokens often fizzle without real partnerships or technology. But supporters point to the actual problem Remittix (RTX) solves—expensive international transfers—as evidence it could thrive long after hype-driven coins fade. Why Remittix (RTX) Might Surge While Chainlink (LINK) focuses on data feeds, Remittix (RTX) sets its sights on remittances. The project is still in its presale stage but has already sold 400,657,591.6 tokens. Observers note that if average people use Remittix (RTX) to send funds worldwide for less, the token could gain widespread appeal. Add to that the fact that any successful PayFi project can attract both small and institutional investors, and you see why experts see 5,000% growth potential. Of course, real utility must come sooner rather than later for Remittix (RTX) to keep climbing. But if the team delivers, the altcoin might overshadow many older coins that lack a strong everyday use case. Conclusion Whether you side with Chainlink (LINK) for its proven track record in oracles or Remittix (RTX) for its plan to reshape cross-border payments, both tokens are hogging the spotlight in many “most undervalued” discussions. Suppose either project lives up to its promise, a 5,000% gain might not be out of reach—through the crypto market can be unpredictable. By the same token, any misstep in development or adoption could stall these ambitions. For now, though, the chatter about a “Chainlink and Remittix Top Experts Most Undervalued Crypto List” is driving curiosity. And with Remittix (RTX)’s presale numbers climbing, some might argue this newcomer is already a serious contender—ready to break out in a big way if user adoption materializes as planned. Join the Remittix Revolution Today! Join the Presale Follow Remittix on Socials Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Daily Hodl