The world of finance is constantly evolving, and few topics spark as much debate as the role and reliability of cryptocurrencies. Recently, a significant voice from traditional finance weighed in, raising important questions about the digital asset space. The chairman of the Swiss National Bank (SNB), Thomas Jordan, has expressed notable reservations regarding key aspects of the cryptocurrency market. What Did the Swiss National Bank Chairman Say About Crypto? According to a report shared by Walter Bloomberg on X, the head of the Swiss National Bank voiced specific concerns about cryptocurrencies. His remarks centered on two critical factors: crypto volatility and market liquidity, particularly when faced with periods of financial stress or crisis. Jordan highlighted that digital currencies tend to exhibit extreme price swings. While volatility is not new to financial markets, the scale and speed often seen in crypto can be significantly higher than traditional assets. More critically, he questioned whether the liquidity available in the cryptocurrency market would hold up reliably during a widespread financial crisis. Liquidity, in simple terms, refers to how easily an asset can be bought or sold without significantly affecting its price. In a crisis, panic selling can dry up buyers, making it difficult to sell assets quickly without huge losses. Understanding the Concerns: Crypto Stability vs. Traditional Finance The comments from the Swiss National Bank chairman underscore a fundamental difference often cited between established financial systems and the nascent cryptocurrency ecosystem. Here’s a quick look at the points of concern: Crypto Volatility: Unlike established fiat currencies managed by central banks or government bonds, cryptocurrencies are not backed by a government or physical asset and are often subject to rapid price changes driven by speculation, news, and market sentiment. This inherent volatility is a major factor affecting crypto stability . Crypto Liquidity in Crises: Traditional markets, while also facing stress during crises, often have established market makers, large institutional participants, and central bank interventions designed to maintain some level of liquidity and order. The cryptocurrency market, while growing, is still relatively fragmented, and its mechanisms for handling extreme, system-wide stress are largely untested on a global scale comparable to 2008 or other major financial crises. Regulatory Frameworks: Traditional finance operates within well-defined regulatory structures aimed at ensuring stability, protecting investors, and maintaining market integrity. The cryptocurrency market, by contrast, operates across various jurisdictions with evolving and often inconsistent regulatory approaches, which can add to uncertainty during turbulent times. Why Do These Concerns Matter for the Cryptocurrency Market? Remarks from figures like the SNB chairman are significant because they come from institutions responsible for financial stability at a national level. Central banks, like the Swiss National Bank, play a crucial role in overseeing monetary policy, regulating banks, and acting as lenders of last resort during financial turmoil. Their perspective on the risks posed by new asset classes like crypto is taken seriously by regulators, policymakers, and institutional investors. These concerns highlight potential challenges for the broader adoption of cryptocurrencies, especially in areas requiring high levels of stability and predictable liquidity, such as large-scale institutional investment or integration into mainstream payment systems. They suggest that while crypto offers innovation, it still needs to address fundamental issues of resilience under stress to gain full confidence from traditional financial guardians. Actionable Insights for Crypto Participants What can individuals and institutions involved in the cryptocurrency market take away from these concerns? Understand the Risks: Acknowledge the inherent crypto volatility and the potential for liquidity issues, especially during broader economic downturns. Diversify: Do not put all your assets into volatile cryptocurrencies. Consider a diversified portfolio that balances risk. Stay Informed: Keep track of regulatory developments and central bank perspectives, as these can significantly impact the market. Evaluate Projects: Look beyond price action and understand the underlying technology, use case, and market structure of the cryptocurrencies you are interested in. Consider projects focused on building robust infrastructure and improving market liquidity. While the cryptocurrency market continues to mature, voices from traditional finance like the Swiss National Bank serve as important reminders of the challenges that still need to be addressed for digital assets to achieve widespread acceptance and perceived stability comparable to traditional financial instruments, particularly during times of crisis. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption.
A new report from Coinbase highlights a notable rise in corporate investments in Solana, with traditional sectors like real estate and supply chain taking a keen interest. Significant investments include
In a statement posted on April 24, the $TRUMP token team clarified that holders do not need to spend $300,000 to qualify for its “Dinner with President Trump” contest. The response and excitement over the competition to have "Dinner with President Trump" is amazing! We want to clarify a few things people seem to be confused by on X and in the Media. -You need $300K+ to participate (You Don't) -That we're unlocking into this competition (We're… — TrumpMeme (@GetTrumpMemes) April 24, 2025 The clarification addresses confusion over a leaderboard entry that some community members misinterpreted as a spending threshold. Trump Meme Team Responds to Community Confusion The team said that entry includes exchange and locked holdings not participating in the contest. Eligibility is determined solely by registered users on the official leaderboard, which ranks time-weighted $TRUMP balances over the course of the competition. “People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes things like locked tokens, exchanges, market makers, and those who are not participating,” the team said. The project emphasized that all participants must register to be counted. As of the announcement, the 220th-ranked participant held just over $400 worth of tokens. The leaderboard is available at trumpdinner.gettrumpmemes.com. Tokens from the cliff unlock and daily distributions will remain locked for an additional 90 days, the team said, extending past the competition period. The team noted future updates would include additional contest features. “The field is wide open and it’s anyone’s opportunity to have Dinner with President Trump,” the post said. ETFs Pair Digital Assets with Political Branding Trump Media and Technology Group is moving deeper into financial services with plans to launch a digital asset ETF suite. According to a press release, the company has partnered with Crypto.com and Yorkville America Digital to roll out a set of exchange-traded funds under the Truth.Fi brand. The funds will combine exposure to cryptocurrencies with equities tied to U.S.-focused sectors like energy. Trump Media said it plans to allocate up to $250 million in company capital toward the initiative. That includes a parallel offering of separately managed accounts, anchored by a theme of digital investment aligned with domestic economic priorities. The use of crypto tokens for campaign-style engagement hints at a broader shift in how digital assets are being deployed—not as payments, but as tools for identity and access. As projects blur the line between finance, fandom, and politics, the role of tokens is evolving. Frequently Asked Questions (FAQs): How does the time-weighted holding mechanism work for the $TRUMP token contest? The contest calculates eligibility based on the average amount of $TRUMP tokens held over a specified period, incentivizing long-term holding rather than short-term accumulation. How might Trump Media’s entry into ETFs affect the broader financial sector? By launching ETFs that combine digital assets with U.S.-centric investments, Trump Media could influence the adoption of politically branded financial products, potentially attracting a specific investor demographic. Are there precedents for political figures engaging in crypto ventures? While some politicians have expressed support for or against cryptos, the direct involvement in launching tokens or financial products tied to political branding is relatively novel and may set new precedents. The post $TRUMP Debunks $300K Myth—A Modest Holding Is Enough to Dine With Trump appeared first on Cryptonews .
Big news from the world of Layer-1 blockchains! Conflux (CFX), a network known for its unique Tree-Graph consensus mechanism, has just announced a significant move aimed at bolstering its economic stability. In a bid to counter recent inflationary pressures affecting the network, Conflux is set to execute a substantial CFX token burn . What’s Happening with Conflux CFX? According to an official announcement shared on the project’s Medium blog, the core team behind the Conflux blockchain intends to remove a staggering 76 million CFX tokens permanently from circulation. This isn’t just a proposal; the plan is to proceed with the burn, with the specific transaction details to be made public once the process is complete and recorded transparently on-chain. Why this massive burn? The primary driver cited is the need to address and mitigate the effects of recent inflation observed within the Conflux ecosystem. Inflation, in the context of cryptocurrency, typically refers to an increase in the circulating supply of a token, which can potentially dilute its value if not matched by corresponding demand or utility. The 76 million tokens represent a notable portion of the current circulating supply, and their removal is expected to have a deflationary effect, theoretically increasing the scarcity of the remaining tokens. Why Do Blockchains Like Conflux Burn Tokens? Token burning is a common strategy employed by blockchain projects for several key reasons. Think of it like a company buying back its own shares to reduce the number of outstanding shares. Here’s a breakdown of the typical goals behind a crypto token burn : Reducing Supply: The most direct effect is decreasing the total or circulating supply of a token. With fewer tokens available, assuming demand remains constant or increases, the price per token could potentially rise. Countering Inflation: As seen with Conflux, burning can be a direct response to unwanted inflation caused by factors like block rewards, staking rewards, or other distribution mechanisms that increase supply faster than planned or desired. Increasing Scarcity: Reduced supply inherently creates scarcity, which is often a desirable trait for an asset intended to hold or increase value. Boosting Value: By reducing supply and increasing scarcity, a burn is often intended to put upward pressure on the token’s market price. Signaling Commitment: A burn can signal to the community and investors that the project team is actively managing the token’s economics and is committed to its long-term health and value. It’s important to note that while burns can be powerful tools, their ultimate impact depends on many factors, including the size of the burn relative to the total supply, overall market conditions, network adoption, and future token issuance policies. Addressing Blockchain Inflation: A Common Challenge Blockchain inflation is a complex topic. While some level of token issuance (inflation) is often necessary to reward participants (miners, validators, stakers) and secure the network, excessive or uncontrolled inflation can devalue the token for holders. Projects must carefully balance the need for issuance with mechanisms to manage supply. Token burns are one of the most direct ways to combat this. Other methods include adjusting reward structures, implementing fee burning mechanisms (where transaction fees are burned instead of going entirely to validators), or introducing lock-up periods. Conflux’s decision to burn 76 million CFX suggests they believe the current inflationary pressures warrant significant intervention to maintain the economic balance of their Layer-1 network. What Happens Next for Conflux CFX? While the intent to burn is clear, the process involves a formal step. Conflux plans to submit a formal governance proposal outlining the burn plan on April 28th. This proposal will likely detail the exact source of the tokens to be burned (e.g., from a foundation reserve, treasury, etc.) and the technical process for executing the burn transaction on the Conflux blockchain . Governance proposals are a standard part of many decentralized networks, allowing the community or token holders to vote on significant changes to the protocol or ecosystem. While the announcement signals the team’s intention, the proposal stage allows for formalization and, in some governance models, community ratification, although the announcement suggests the burn is proceeding. Investors and community members interested in the specifics will need to monitor the details released with the proposal on April 28th and the subsequent on-chain transaction data. Key Takeaways from the Conflux CFX Burn Announcement Here are the crucial points to remember about this development: Significant Burn: 76 million CFX tokens are slated for permanent removal. Purpose: Primarily to counter recent inflationary effects on the network. Transparency: The burn will be recorded on-chain, with transaction details released. Next Step: A formal governance proposal will be submitted on April 28th. Potential Impact: Aims to increase scarcity and potentially support the value of the remaining CFX tokens. This move highlights Conflux’s proactive approach to managing its tokenomics and addressing challenges like inflation to ensure the long-term health and stability of the network and the value of the Conflux CFX token. Concluding Thoughts: A Bold Move for Conflux? Conflux’s decision to burn a substantial amount of CFX tokens is a clear signal that the project is serious about managing its token supply and combating inflation. This strategic move, if executed as planned and supported by continued network development and adoption, could play a vital role in the future economic trajectory of the Conflux ecosystem. As always, market dynamics are complex, but reducing supply is a fundamental economic principle often employed to enhance value. To learn more about the latest crypto market trends, explore our article on key developments shaping blockchain price action.
The post Sui’s Skyrocketing Trend Now Eyes $5 Breakout: What’s Next for SUI Price? appeared first on Coinpedia Fintech News Sui’s token price has been on a strong rally over the past few days. While the crypto market has recovered sharply, SUI is seeing an extra boost due to rumors about a potential collaboration with Pokémon. Over the last week alone, Sui has surged nearly 72%, putting it at the top of the list of biggest gainers. With this momentum, there’s a hope that SUI could soon break through the key $5 level. Sui’s DeFi Activity Rises Amid Rumours Sui’s price has been climbing steadily over the past few days, showing strong momentum. What’s catching attention is that buyers are managing to push past resistance levels without much of a pullback. In the last 24 hours alone, Sui saw a spike in liquidations from both long and short positions. According to data from Coinglass, about $22.2 million worth of SUI positions were wiped out, with $7.4 million from buyers and $14.8 million from sellers. Over the past week, SUI has outperformed the entire top 100 list of cryptocurrencies by market cap, making it the biggest gainer. This rally is largely influenced by rising investor confidence due to the launch of the Grayscale SUI Trust and a new partnership with xPortal and xMoney to roll out a virtual Mastercard across Europe. Adding to this, there are rumors about a possible collaboration with Pokémon. These rumors started gaining attention after a recent privacy policy update for Pokémon HOME named Parasol Technologies LLC, a Web3 gaming firm acquired by Sui’s parent company, Mysten Labs, in March 2025. Also read: Sui Price Prediction 2025, 2026 – 2030: SUI Price To Hit $10 This Year? Sui is still holding its place among the top 10 layer-1 blockchains, with over $1.65 billion in total value locked (TVL) on the network. As shown in the chart below, Sui’s TVL has jumped by around 40% in just the past week. Its daily DEX trading volume has also surged, climbing more than 180% to reach $600 million. This increases the chances of a continued bullish rally toward $5. What’s Next for SUI Price? Sui is struggling to break above the $3.8 level and is currently trading around $3.6, up over 8% in the past 24 hours. Sellers are working to keep the price below the 20-day EMA to maintain the current downtrend. Even though bearish pressure is growing, rising buying activity could still push Sui higher. However, the Relative Strength Index (RSI) is around 79, showing that the asset is overbought and that sellers are pushing for a correction. If buyers can gain enough momentum, Sui could break through the $4.3 resistance and aim for the next target at $5.4. But if selling pressure remains strong and Sui stays under the 20-day EMA, the price could fall back to the key $3 support level. Read more: Why SUI Crypto Price is Up Today? A clear drop below $3 could trigger a sharper sell-off, with Sui potentially falling to the next support at $2.4, erasing recent gains and strengthening the downtrend.
The Fed recently pulled back guidance warning banks about crypto risks. Senator Cynthia Lummis called it “lip service.” The Federal Reserve withdrew restrictive guidance on banks holding crypto assets, but not everyone is convinced that the regulator is taking a new direction. On Friday, April 25, pro-crypto Senator Cynthia Lummis blasted the Fed for what she considers performative steps on Bitcoin. (1/5) The Federal Reserve’s actions yesterday withdrawing crypto guidance are just lip service. Here’s why: — Senator Cynthia Lummis (@SenLummis) April 25, 2025 Lummis pointed out that the Fed continues to block access to several crypto-friendly banks to master accounts. These are special types of accounts that enable the banks to participate in the Fed’s payment system directly. This has recently led to a crypto-friendly Custodia Bank suing the Fed , citing unwarranted delays in its master account application. Fed didn’t withdraw a key anti-Bitcoin guidance: Lummis The Senator also points to the fact that the Fed uses reputation risk when supervising banks. This applies to certain industries that, while legal, are unpopular and could damage the bank’s reputation. Notable examples include the oil industry, the marijuana industry, and crypto. You might also like: If the Fed prints more money, what’s at stake for Bitcoin? This standard is controversial as it makes it harder for legal businesses to find banking partners. Lummis claims that the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation recently stopped using reputation risk. However, she believes that the Fed didn’t. Lummis also pointed out that the Fed didn’t withdraw the Policy Statement on Section 9(13) . This statement calls Bitcoin and other crypto assets “unsafe and unsound”. Finally, the Senator complained that the Fed’s staff behind the supposed operation “Chokepoint 2.0” is still running the Fed today. Operation Chokepoint refers to the supposed anti-crypto bias, or a series of coordinated actions on behalf of U.S. regulators under the Biden administration. During Joe Biden’s term in office, crypto companies complained that they found it increasingly difficult to find banking partners in the U.S. This has led many to scale back their services or look for offshore banking partners. You might also like: Trump seeks to fire Fed Chair Jerome Powell via the Supreme Court. Good news for the crypto market?
BlackRock’s spot Bitcoin ETF is in the spotlight once again as it approaches 3% of Bitcoin’s (BTC) total supply amid a surge in investor inflows. According to blockchain analysis firm Arkham Intelligence, the world's largest asset manager currently holds about 2.77% of all Bitcoin in circulation, which equates to more than 582,000 BTC and is currently worth about $56 billion. Arkham announced today that $1.2 billion worth of Bitcoin was added to the ETF this week alone. While BlackRock’s staggering $12 trillion in total assets under management dwarfs its Bitcoin holdings, the speed and scale of accumulation is striking. On Wednesday, the iShares Bitcoin Trust (IBIT) saw inflows of $643 million, its biggest single-day increase in more than three months. Related News: Critical Number Revealed for Bitcoin: Miners Start Losing Money If BTC Falls Below This Number The ETF's growing dominance comes on the heels of last month's European BTC-based exchange-traded product launch as BlackRock expands its footprint in digital assets beyond the United States. It is worth noting that BlackRock manages these assets on behalf of its clients, meaning that those investing in Bitcoin are its investors, not the company itself. Speaking to CNBC on Thursday, Jay Jacobs, BlackRock’s head of U.S. equity ETFs, suggested that global instability has increased interest in alternative stores of value. “If there’s going to be more uncertainty around the world, things like gold and Bitcoin should continue to rise,” Jacobs said. “People are looking for these assets that are going to behave differently. *This is not investment advice. Continue Reading: BlackRock’s Bitcoin (BTC) Holdings Revealed: Here’s The Stash
Blockchain technology could generate up to 1.5 million jobs globally by 2030, according to a new report from cryptocurrency exchange Bitget. The report , titled “Blockchain vs. AI: Untapped Potential in Talent Attraction and Growth,” highlights the massive employment potential in the blockchain sector, which currently has around 15,000 to 20,000 active job listings worldwide. These opportunities are largely concentrated in North America (40%), followed by the Asia-Pacific region (35%) and Europe (20%). By comparison, the AI sector already supports over 1 million job openings globally. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Public companies are increasing their Bitcoin accumulation at a fast pace, with Bitcoin Magazine CEO David Bailey forecasting that they could collectively hold between 2 and 3 million BTC by the end of 2026. According to an April 25 X post from Bailey, new companies are announcing BTC treasury strategies nearly every week, which he believes will increase to daily soon. Bailey’s Prediction The executive anticipates that more than 1,000 cash-flowing and capital-raising public entities will eventually participate in the Bitcoin buying trend, covering every market, appearing in every index, and using various investment wrappers to gain exposure to the digital asset. Currently, public firms hold over 700,000 BTC. Bailey outlined two scenarios for how this number could grow. If the crypto’s price remains flat, he expects public company holdings to exceed 1 million BTC by the end of this year. However, increased liquidity would likely encourage firms to expand their BTC programs even faster if the asset begins to rally. Under that scenario, he said it would be “reasonable” to expect public entities to collectively hold between 2 and 3 million BTC by late 2026. This outlook is supported by recent data from Bitwise, which reported on April 14 that the number of publicly traded firms holding Bitcoin rose by 16.11% in Q1 2025. Further, companies with the flagship cryptocurrency on their balance sheets increased to 79. This figure marks a 17.91% quarter-over-quarter growth, with 12 new additions during the period. Bitwise attributed the surge to a recent rule change by the Financial Accounting Standards Board (FASB), allowing firms to report BTC at fair market value. Top Public Traded BTC Holders Michael Saylor’s Strategy remains the largest corporate holder of the digital asset. The firm’s stash now stands at 538,200 BTC after purchasing an additional 6,556 BTC for $555.8 million earlier this week. In total, the outfit has spent $36.47 billion acquiring the cryptocurrency at an average price of $67,766 per BTC. Other top holders include mining operations such as MARA Holdings with 47,600 BTC, Riot Platforms with 19,223 BTC, CleanSpark with 11,869 BTC, as well as electric vehicle manufacturer Tesla with 11,509. Interest is growing globally as well. Japanese investment firm Metaplanet has committed to acquiring 10,000 BTC by the end of 2025. In line with this, it has adopted an aggressive accumulation strategy this year. In April alone, the outfit has made 4 buys of 696 BTC on the 1st, 319 BTC on the 14th, 330 BTC on the 21st, and 145 BTC on the 24th, bringing its total reserve to 5,000 BTC. The post CEO Forecast: Public Companies Could Control 3M BTC by 2026 appeared first on CryptoPotato .
Semler Scientific has made headlines by significantly expanding its Bitcoin holdings, now totaling 3,303 BTC, valued at approximately $314 million. The Nasdaq-listed healthcare company is not only buying Bitcoin but