Swiss National Bank Rejects Bitcoin as Reserve Asset

Swiss National Bank President Martin Schlegel rejects Bitcoin as a reserve asset, citing its volatility and security risks for central banking.Despite global adoption, SNB prioritizes stability and liquidity, dismissing Bitcoin due to cybersecurity concerns and rapid price fluctuations. Martin Schlegel, President of the Swiss National Bank (SNB), has firmly rejected the idea of central banks...

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Ripple Attorney Calls for Action as SEC Loses HEX Case—What’s Next for XRP?

Amicus Curiae attorney John Deaton criticized the agency’s ambiguous legal approach and highlighted the Ripple team’s confidence in resolving the case.Attorney Jeremy Hogan predicts delays in the Ripple vs. SEC lawsuit, with potential resolution milestones identified on March 14, April 11, and May 1. Over the last week, the U.S. Securities and Exchange Commission (SEC)...

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Ethereum Foundation Forms Advisory Group to Defend Core Principles

Ethereum Foundation forms Silviculture Society to uphold open source, privacy, security, and censorship resistance.Experts, including cryptographer Matthew Green, will provide guidance on Ethereum’s core principles and future policies. The Ethereum Foundation (EF) recently formed the “Silviculture Society,” an external advisory group tasked with upholding Ethereum’s core values. The action coincides with several significant events that...

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Bitcoin News: Standard Chartered Sees $500K BTC Target Despite Brutal Sell-Off

Geoff Kendrick predicts Bitcoin could reach $200,000 by 2025 and $500,000 before Trump leaves office. He believes institutional adoption and regulatory clarity will drive growth. Geoff Kendrick, the head of digital asset research at Standard Chartered, is quite bullish on Bitcoin’s long-term outlook. In a recent CNBC interview, he noted that institutional acceptance and regulatory guidance...

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Uniswap Brings Fiat Off-Ramps to DeFi—Seamless Crypto-to-Bank Transfers

Uniswap Labs announced it has partnered with Robinhood, MoonPay, and Transak to facilitate crypto-to-fiat transactions for more than 180 countries.The move comes just after the SEC dropped its investigation into Uniswap Lab after initially targeting the exchange with a Wells Notice last year. Uniswap, one of the leading decentralized exchanges (DEXs) with $4.2 billion in...

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Base Rolls Out Major Enhancements—Here’s How It Transforms Onchain Interaction

Base has introduced a series of upgrades, including Flashblocks, which boost transaction speeds by 10x, along with Appchains and Smart Wallet Sub Accounts.Reinforcing its builder-first approach, Base has launched a hub for developers, offering tools, guides, stories, and resources to support and inspire on-chain innovation. Base, the Layer-2 blockchain incubated by Coinbase back in 2023,...

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Bitcoin News: GameStop Mulls BTC Allocation for Corporate Treasury

Strive Asset Management urged GameStop to invest part of its $5 billion cash reserves in Bitcoin to hedge against inflation and drive long-term growth.GameStop has not responded yet but previously explored blockchain initiatives, making its stance on Bitcoin adoption uncertain. Strive Asset Management CEO Matt Cole recommends that GameStop should dedicate some of its available...

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