
Martin Schlegel, President of the Swiss National Bank (SNB), has categorically rejected suggestions that the central bank should hold Bitcoin in its reserves, stating that cryptocurrencies do not meet the institution’s reserve asset standards. Speaking at the SNB’s annual shareholders’ meeting in Bern, Schlegel cited growing pressure from crypto advocates who argue the central bank needs to diversify its reserves in light of growing global economic uncertainty. The move has gained momentum since U.S. President Donald Trump imposed new tariffs that critics say could destabilize international markets. The movement is launching a referendum initiative aimed at amending the Swiss constitution to make it mandatory for the SNB to hold Bitcoin alongside gold as part of its official reserves. The initiative is being led by the Bitcoin Initiative, a group founded by Luzius Meisser, a prominent figure in the Swiss crypto community. Related News: Critical Number Revealed for Bitcoin: Miners Start Losing Money If BTC Falls Below This Number Despite this momentum, Schlegel remained steadfast. “Cryptocurrencies are not currently fulfilling the requirements for our foreign exchange reserves,” he said. He emphasized the need for the central bank to reliably buy and sell assets, raising concerns about market liquidity. Schlegel also pointed to the extreme volatility of cryptocurrencies, describing their value swings as “very, very high,” casting doubt on their role as stable reserve assets. Addressing shareholders earlier in the meeting, Meisser argued that Bitcoin offers strategic value in a changing geopolitical environment. “I must admit that it may not be very valuable in the scenarios that most of you consider normal,” he said, adding, “But Bitcoin will be very valuable in the specific scenario of a multipolar world order where reliance on sovereign debt is decreasing.” *This is not investment advice. Continue Reading: Swiss National Bank President Makes Statement on Bitcoin (BTC) Following Heavy Demand
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Long-Term Litecoin Holders Show Steady Accumulation as Market Cycles Unfold

As the crypto market appears to be preparing for another possible bull run, data derived from IntoTheBlock tells a captivating story playing out within the Litecoin ecosystem. Their latest on-chain analysis centers on Unspent Transaction Outputs (UTXOs) that serve as a reliable means of gauging not just the whole amount but also the whole pattern of different kinds of investors who are supposed to be holding $LTC at this time. And what the UTXOs are telling us is that across the whole Litecoin ecosystem, there are two distinct groups of long-term holders who have amassed a sizable amount of $LTC. The chart by IntoTheBlock categorizes holders of Litecoin according to the amount of time they have held their UTXOs, which gives us a nice view into the behavior and sentiment of their investors over time. One thing that is unmistakable to see from this data is that Litecoin is more than just a short-term trading asset for a lot of its investors. A number of these holders seem to be in it for the very long term. Diverging Strategies: The 3–5 Year Holders vs. the 5+ Year Believers The data highlights two key parts within the long-term holder base. The first is made up of wallets that were acquiring Litecoin during the last bull market—some three to five years ago now. These addresses are highlighted in red boxes in the chart and show a behavior that’s well-known to experienced market observers. They seem to sell into strength during subsequent rallies, taking profits as the price goes up, and to again sell during downturns—likely under the influence of heightened market fear or a need for cash. This conduct aligns with a more cyclical investment strategy. These holders, while being long-term by crypto standards, still seem to time the market, making the most of volatility. Their walks during both upswings and downtrends suggest they are not emotionally or ideologically attached to Litecoin but instead see it as a tool for profit generation within defined windows. Next up is the second category, which is more intriguing and maybe even more important to Litecoin’s long-term health. It’s the holders who have kept their LTC for over five years. And these addresses show consistent growth across all kinds of market conditions and ways of participating in the market, regardless of what the price is doing. Right now, according to IntoTheBlock, over 20.6% of all Litecoin UTXOs belong to this group. This is a big figure. The unfaltering increase of this group suggests not just forbearance but a rare level of commitment in an industry that usually thrives on immediate gratification and very often, in my opinion, short-sightedness. These are probably HODLers of the first order—individuals who have gone through at least two bull-bear cycles and have used each to add to their Litecoin stash. Lightning Network: A Decentralized UDP-like Protocol Their behavior suggests they hold a deep belief in Litecoin’s long-term value proposition, be that as a decentralized payment network, a Bitcoin alternative with faster transaction speeds, or just as a digital asset that has stood the test of time. This chart shows $LTC belonging to long-term holders based on UTXOs. These long-term Litecoin holders display distinct patterns across market cycles. The red boxes mark wallets that accumulated in the previous bull run and have been holding for 3 to 5 years. They tend to sell… pic.twitter.com/KTU64nZPA7 — IntoTheBlock (@intotheblock) April 24, 2025 Implications for Litecoin’s Future These two groups are differentiated for good reason. They tell us quite a lot (and in some ways, everything we need to know) about the holders of Litecoin. The next element in the analysis takes these two groups and adds a significant timeframe element: the 3–5 year holders and the 5+ year holders. This is important for the analysis as these two groups represent something very different in terms of the act of holding Litecoin. Indeed, we may have injected a bit of volatility with our analysis by failing to mention the fact that there are these two groups of holders. We shall try not to do that in the future. Moreover, as a greater number of UTXOs shifts into the 5+ year category, the base of investors in Litecoin becomes even more “diamond-handed,” which might bolster the long-term cred of the asset in the eyes of both retail and institutional investors. This also indicates a ripening ecosystem. Frequently described as the “silver to Bitcoin’s gold,” Litecoin has had its share of the ups and downs of the crypto markets. Still, the steadfastness of such a committed segment of holders hints that, beyond mere speculation, there’s a core of belief in the long-term value of Litecoin. An industry where stories turn rapidly and investor loyalty might be short-lived, Litecoin’s assembly of holders may guarantee it some staying power. In the next cycle, all eyes will be on whether this trend continues—and what it continues to mean for the future trajectory of LTC. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! BitcoinSistemi
![BitMEX founder Arthur Hayes says Bitcoin ( BTC ) will likely benefit from the ongoing trade war and a US-China decoupling. In a new interview with the host of the Forward Guidance YouTube channel, Felix Jauvin, Hayes says governments around the world will likely have to print money to offset the impacts of the trade war, which has ignited massive Bitcoin rallies in the past. “China’s not alone. It’s every major economy needs to print a bunch of money to basically cushion the effects of this attempted divorce, this decline in globalization. But at the end of the day, yeah, they’re going to print money – Bitcoin benefits. Now the reciprocal of the current account deficit in the US is our financial account surplus. And so all these dollars that got earned, the trillions of dollars that got earned selling stuff to America, got recycled into Treasury bonds and stocks and Mag 7, all the big US tech stocks. So mathematically, if [US President Donald] Trump is serious about reducing the current account to zero, then foreigners have to sell stocks – period. It’s just math. And then the question is, okay, well, can the US government survive financially if there’s a big decline in capital gains taxes because the market’s not going up? I don’t think so. Therefore, we get a printing money function and Bitcoin benefits. It finally decouples from tech because of the structural flows and what needs to happen from an affordability standpoint for the US government.” While some in the crypto space suggest the market turmoil may prompt central banks to start accumulating Bitcoin to diversify their asset holdings, Hayes believes central banks will continue to turn to gold as a hedge, not the flagship crypto asset. “I actually don’t think that they’re mentally prepared for that sort of leap. They understand gold. They’ve been trained in gold. They’ve read history books about gold.” Bitcoin is trading for $94,832 at time of writing, up 1.2% in the last 24 hours. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action 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: Midjourney The post Arthur Hayes Says Bitcoin Primed To Benefit Amid Trade War, Deglobalization and US-China Decoupling – Here’s How appeared first on The Daily Hodl .](/image/680ca79aeb224.jpg)
Arthur Hayes Says Bitcoin Primed To Benefit Amid Trade War, Deglobalization and US-China Decoupling – Here’s How
BitMEX founder Arthur Hayes says Bitcoin ( BTC ) will likely benefit from the ongoing trade war and a US-China decoupling. In a new interview with the host of the Forward Guidance YouTube channel, Felix Jauvin, Hayes says governments around the world will likely have to print money to offset the impacts of the trade war, which has ignited massive Bitcoin rallies in the past. “China’s not alone. It’s every major economy needs to print a bunch of money to basically cushion the effects of this attempted divorce, this decline in globalization. But at the end of the day, yeah, they’re going to print money – Bitcoin benefits. Now the reciprocal of the current account deficit in the US is our financial account surplus. And so all these dollars that got earned, the trillions of dollars that got earned selling stuff to America, got recycled into Treasury bonds and stocks and Mag 7, all the big US tech stocks. So mathematically, if [US President Donald] Trump is serious about reducing the current account to zero, then foreigners have to sell stocks – period. It’s just math. And then the question is, okay, well, can the US government survive financially if there’s a big decline in capital gains taxes because the market’s not going up? I don’t think so. Therefore, we get a printing money function and Bitcoin benefits. It finally decouples from tech because of the structural flows and what needs to happen from an affordability standpoint for the US government.” While some in the crypto space suggest the market turmoil may prompt central banks to start accumulating Bitcoin to diversify their asset holdings, Hayes believes central banks will continue to turn to gold as a hedge, not the flagship crypto asset. “I actually don’t think that they’re mentally prepared for that sort of leap. They understand gold. They’ve been trained in gold. They’ve read history books about gold.” Bitcoin is trading for $94,832 at time of writing, up 1.2% in the last 24 hours. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action 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: Midjourney The post Arthur Hayes Says Bitcoin Primed To Benefit Amid Trade War, Deglobalization and US-China Decoupling – Here’s How appeared first on The Daily Hodl . BitcoinSistemi