Bitcoin market cycles are driven primarily by adoption trends, market structure and liquidity dynamics rather than strictly by halving events. Analyst James Check identifies three cycles—adoption, adolescence, maturity—where retail activity,
COINOTAG News on August 27 cited CoinGecko 24‑hour data showing Upbit trading volume declined to $2.62 billion, a 25.7% decrease versus the prior 24 hours. In the Korean won market,
BitcoinWorld Swiss National Bank Bitcoin Stance: A Crucial Rejection of Asset Criteria The world of finance is always buzzing with new developments, especially when it comes to digital currencies. Recently, a significant statement from the Vice President of the Swiss National Bank (SNB) has captured attention. This official declared that Bitcoin does not meet the central bank’s stringent asset criteria. This position from a respected financial institution, known as the Swiss National Bank Bitcoin stance, is crucial for understanding the evolving relationship between traditional finance and the crypto market. What Defines a Central Bank Asset? Exploring the Swiss National Bank Bitcoin Perspective Central banks, like the Swiss National Bank, operate under specific mandates. They manage monetary policy, ensure financial stability, and hold reserves to back their national currency. Therefore, the assets they consider suitable for their balance sheets must meet very particular requirements. These criteria typically revolve around stability, liquidity, and a predictable store of value. The SNB’s Vice President, Martin Schlegel, highlighted that while the bank is exploring central bank digital currencies (CBDCs), its current assessment of Bitcoin is clear. It simply does not align with their established framework for reserve assets. This isn’t necessarily a judgment on Bitcoin’s technology, but rather on its practical application within a central bank’s portfolio. Key Criteria for Central Bank Assets: Stability: Assets should not experience extreme price volatility. Liquidity: They must be easily convertible into cash without significant loss of value. Safety: Low risk of default or loss. Reliability: Predictable performance and established regulatory frameworks. Understanding these points helps clarify why the Swiss National Bank Bitcoin assessment reached this conclusion. Why Does Bitcoin Fall Short? The Swiss National Bank Bitcoin Challenge Bitcoin, despite its growing popularity and market capitalization, faces inherent challenges when viewed through the lens of a central bank. Its decentralized nature, while a core strength for many, presents issues for institutions requiring centralized control and oversight. Moreover, Bitcoin’s price volatility is a major concern for any entity tasked with maintaining financial stability. Unlike traditional assets such as government bonds or foreign exchange reserves, Bitcoin lacks a sovereign issuer or an underlying productive asset. Its value is largely driven by market sentiment, supply and demand, and adoption rates, which can lead to dramatic price swings. This makes it difficult for a central bank to rely on Bitcoin as a stable component of its reserves. Furthermore, regulatory clarity around Bitcoin and other cryptocurrencies is still evolving in many jurisdictions. Central banks require assets with well-defined legal frameworks and established market infrastructures to manage risks effectively. The Swiss National Bank Bitcoin position reflects this need for robust, regulated instruments. What Are the Broader Implications of the Swiss National Bank Bitcoin Stance? The statement from the Swiss National Bank carries significant weight. Switzerland is known for its progressive stance on blockchain technology and its role as a global financial hub. Therefore, the SNB’s explicit rejection of Bitcoin as a suitable reserve asset sends a strong signal to the wider financial community. This decision could impact several areas: Institutional Adoption: It might reinforce caution among other central banks and large financial institutions considering direct Bitcoin exposure for their balance sheets. Regulatory Discussions: It could intensify debates around the need for more robust regulatory frameworks for cryptocurrencies globally. CBDC Development: It underscores the SNB’s focus on developing its own digital currency, which would be centrally controlled and meet their strict criteria. However, it is important to note that this stance does not diminish Bitcoin’s role as a speculative asset or its potential for private investors. It simply clarifies the Swiss National Bank Bitcoin perspective from a central banking mandate. Navigating the Digital Future: Beyond the Swiss National Bank Bitcoin Decision While the Swiss National Bank has made its position clear on Bitcoin as a reserve asset, the broader digital asset landscape continues to evolve rapidly. Central banks worldwide are actively researching and piloting their own digital currencies (CBDCs) to modernize payment systems and maintain monetary sovereignty in a digital age. This ongoing exploration indicates a clear recognition of the potential of distributed ledger technology, even if specific cryptocurrencies like Bitcoin don’t fit their current asset criteria. For investors and enthusiasts, the SNB’s statement serves as a reminder of the differing views within the financial world. It highlights the importance of understanding institutional perspectives and the rigorous standards applied to assets that underpin national economies. The conversation around digital assets is far from over, and institutions will continue to adapt to new innovations. A Compelling Summary of the Swiss National Bank Bitcoin Verdict In conclusion, the Swiss National Bank’s Vice President has firmly stated that Bitcoin does not meet the central bank’s stringent asset criteria, primarily due to concerns about volatility, lack of a sovereign issuer, and evolving regulatory frameworks. This decisive stance from a leading financial institution underscores the cautious approach central banks take towards integrating decentralized cryptocurrencies into their official reserves. While Bitcoin remains a prominent digital asset for private investment, the Swiss National Bank Bitcoin decision reinforces the traditional finance sector’s demand for stability, liquidity, and robust regulatory oversight in its core operations. Frequently Asked Questions (FAQs) 1. Why did the Swiss National Bank reject Bitcoin as an asset? The Swiss National Bank rejected Bitcoin primarily due to its high price volatility, lack of a sovereign issuer, and the absence of a fully established regulatory framework. These factors prevent it from meeting the SNB’s strict criteria for stability, liquidity, and safety required for reserve assets. 2. What are the key criteria for a central bank’s reserve assets? Central banks typically require assets to be stable, highly liquid, safe (low risk of default), and reliable. They also prefer assets with established legal and regulatory frameworks to ensure predictable performance and risk management. 3. Does this decision affect Bitcoin’s status for private investors? No, this decision specifically pertains to Bitcoin’s suitability as a reserve asset for the Swiss National Bank’s balance sheet. It does not diminish Bitcoin’s role as a speculative asset or its potential for private investors in the broader cryptocurrency market. 4. What is the SNB’s stance on Central Bank Digital Currencies (CBDCs)? While the SNB rejects Bitcoin as a reserve asset, it is actively exploring and researching Central Bank Digital Currencies (CBDCs). This indicates a recognition of the potential of digital currencies, but with a preference for centrally controlled and regulated versions that meet their specific mandates. 5. Will other central banks follow the Swiss National Bank’s lead? The Swiss National Bank’s stance could reinforce caution among other central banks regarding direct Bitcoin exposure for their balance sheets. However, each central bank makes decisions based on its unique mandate and economic conditions, so while influential, it doesn’t guarantee universal adoption of this specific position. Did you find this analysis of the Swiss National Bank’s Bitcoin stance insightful? Share your thoughts and this article with your network on social media to spark further discussion about the future of digital assets and central banking! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Swiss National Bank Bitcoin Stance: A Crucial Rejection of Asset Criteria first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin posted a new all-time high above $124K earlier this month, but the momentum has quickly shifted to fragile. The market has been extremely choppy this week, briefly pushing the price below $109K. As investors anticipate a durable rally, seasonal headwinds, among other factors, have hindered the asset’s growth. New data suggests that the current Bitcoin cycle is 93% finished, and the blow-off top is expected between late October and mid-November 2025. Final Surge Crypto analyst Cryptobirb has warned that Bitcoin’s current bull market may be approaching its final stages, after taking into consideration several factors such as historical patterns, halving cycles, and seasonality. All of these point to a potential peak within the next 60 days. According to Cryptobirb, Bitcoin is already 93% through its current bull cycle, which started after the 2024 halving on April 19. The analyst references historical bull run durations and noted that past cycles lasted 350 days (2010-2011), 746 days (2011-2013), 1,068 days (2015-2017), and 1,061 days (2018-2021). The current cycle has so far lasted 1,007 days, with projections indicating a peak could occur between 1,060-1,100 days, which places the anticipated top in late October to mid-November 2025. Halving timing further validates this outlook. Cryptobirb pointed out that previous bull cycles following halvings typically reached their peaks roughly 366 to 548 days later. Based on the April 2024 halving, the target peak window is calculated between October 19 and November 20, 2025. Looking at historical bear markets, the analyst warned that significant corrections tend to follow these peaks. Previous bear markets lasted roughly 370-410 days with average losses around 66%. No Capitulation Risk Seasonality also plays a role. Cryptobirb said that August and September have historically been weaker months for Bitcoin, while October and November often see the strongest performance. This also aligns with the projected peak window. Technical indicators support this timing. On the weekly chart, Bitcoin sits above its 50-week and 200-week simple moving averages at $97,094 and $52,590, respectively. On-chain data remains healthy. Mining costs near $97,124, and profitability ratios indicate no immediate capitulation risk. Non-Ultimate Profit/Loss (NUPL) and Market Value to Realized Value (MVRV) ratios indicate the market is still stable, despite short-term corrections. Institutional activity, particularly via ETFs, shows some short-term outflows, as evidenced by $194 million withdrawn in a single day on August 21, though overall positions remain substantial. Cryptobirb added that while these flows are worth monitoring, they are unlikely to derail the broader trend. “Key takeaway is this: We’re 60 days away from Bitcoin’s historical blow-off window (Oct 15 – Nov 15, 2025); last Oct week. ETFs record outflows, but cycle + halving math + seasonality all point to Q4 grand finale.” The post Bitcoin Nearing Its Climax? Here’s When the Epic Bull Run May End (Analyst) appeared first on CryptoPotato .
Analyst James Check argued Bitcoin has seen three market cycles driven by adoption trends rather than halving events as widely believed.
On August 27, COINOTAG News cited monitoring by Onchain Lens showing a large holder withdrew 20 million DOGE (approximately $4.43 million) from Binance. The transfer was captured in exchange flow
Economist Peter Schiff, known for his gold advocate and anti-Bitcoin rhetoric, drew attention to the decline in the Bitcoin price in his latest social media post. Schiff noted that Bitcoin has fallen below $109,000, a 13% decline from its peak in the last two weeks. “Despite all the hype and institutional buying, this weakness should be concerning,” he said. “A drop to at least $75,000 is possible. Buy now, buy back lower.” Related News: New Altcoin Linked to Donald Trump, WLFI, to Hit the Market Soon: Here Are the Latest Details and What You Need to Know Schiff also noted that many public companies have recently added BTC to their balance sheets, saying, “While dozens of companies are aggressively buying Bitcoin, why is the price 12 percent below the record high of two weeks ago? Who is cashing out? Gold remained almost flat during this period, while the NASDAQ fell only 1 percent.” When a follower commented, “How did Bitcoin reach $109,000? You said before that it would never go above $100,000,” Schiff replied, “Yeah, I was wrong about that. It hit $100,000 and will probably hit it again.” *This is not investment advice. Continue Reading: Major Bitcoin Critic Peter Schiff Reveals What He Expects Following the Recent Drop in BTC Price
Commerce Secretary Howard Lutnick announced the move at a White House cabinet meeting. The main goal is to make government data more secure and transparent, starting with GDP figures before expanding to other agencies. The decision aligns the US with global examples like Estonia, the EU, Singapore, Australia, and California, which have already adopted blockchain in public administration. However, while blockchain ensures tamper-proof distribution, it does not guarantee the accuracy of the data itself. Blockchain to Host US Data US Commerce Secretary Howard Lutnick announced during a White House cabinet meeting that the Department of Commerce will begin publishing economic statistics, including gross domestic product (GDP) data, on the blockchain. Lutnick described the initiative as a step toward expanding blockchain-based data distribution across federal agencies, and told President Donald Trump and other officials that the move reflects Trump’s image as the “crypto president.” He added that the rollout will start with GDP figures before potentially expanding to other departments once implementation details are finalized. The move places the United States alongside a growing list of governments adopting blockchain for public administration. Estonia pioneered the approach in 2016 by integrating Guardtime’s KSI blockchain into its e-Health system. It later extended it to its digital ID network. In Europe , the European Blockchain Services Infrastructure (EBSI) was launched in 2018, with member states hosting validator nodes for cross-border public services. Singapore and Australia trialed a blockchain system for trade documents in 2021, while California digitized 42 million car titles on a permissioned Avalanche blockchain in 2024. The announcement also comes against a backdrop of political tension over economic data. Trump frequently questioned the reliability of official statistics, and even dismissed GDP forecasts and jobs reports as biased or inaccurate. Earlier this month, he fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a jobs report showed disappointing growth and downward revisions, and accused her of publishing “rigged” data. While blockchain offers governments advantages like tamper-proof recordkeeping, secure digital identities, and transparent data sharing, experts still warn that the technology only secures how data is stored and distributed—it cannot address the accuracy of the underlying figures. This raises questions about whether blockchain-backed statistics will actually improve public trust in government data or simply shift the debate to how the numbers themselves are produced.
Per official sources, Panora, an Aptos application and execution layer protocol, has completed a new financing round with the total proceeds not publicly disclosed. The transaction was led by Frictionless
Social media chatter has grown in August, with certain memecoins garnering mentions and hype online.