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Swiss central bank bitcoin reserve push fails over signature shortfallHTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥Everything Can Be Huobao Swiss campaigners will 

Swiss central bank bitcoin reserve push fails over signature shortfall

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Swiss campaigners will drop a bid to get the Swiss National Bank (SNB) to hold bitcoin in its reserves after collecting only about half of the 100,000 signatures needed to trigger a national referendum.

The initiative sought to change Switzerland’s constitution so the SNB would hold bitcoin alongside gold and foreign-currency reserves. The group had 18 months to gather signatures and push for the country’s direct democracy to vote on the subject.

The Federal Chancellery listed the proposal as an amendment to the country’s Federal Constitution, requiring part of the SNB’s monetary reserves to be held in gold and bitcoin. The text did not specify an allocation.

The campaign had framed bitcoin as a neutral reserve asset and a hedge against exposure to dollar- and euro-denominated holdings. Supporters said those currencies make up roughly three-quarters of the SNB’s foreign-currency reserves, according to Reuters.



Swiss central bank bitcoin reserve push fails over

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Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a January postponement.

The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week that crypto firms had backed a stablecoin yield compromise meant to unlock the bill.

Cody Carbone, CEO of The Digital Chamber, said the notice marks “a major step” toward clarity for more than 70 million Americans who use cryptocurrencies..

Blockchain Association CEO Summer Mersinger called the markup notice “an important step toward establishing clear rules for digital asset markets.”

“This work reflects months of serious engagement on difficult questions, from SEC-CFTC jurisdiction to consumer protection and developer protections,” Mersinger said. “Clear statutes are what American consumers, businesses, and innovators deserve.”

Kristin Smith, president of the Solana Policy Institute, called the markup “a make or break moment for American leadership in financial markets.” Miller Whitehouse-Levine, the group’s CEO, said the date is “the first step” toward giving builders and financial institutions certainty to build onchain in the U.S.

Ji Hun Kim, CEO of the Crypto Council for Innovation, said “the momentum is real, and the time is now.” The markup, he said, brings the U.S. closer to a framework that safeguards consumers, gives investors clear disclosures, protects developers and supports responsible innovation.

The markup gives Senate Banking another shot at moving the bill before the White House’s July 4 target for Clarity Act passage.

Though the crypto industry is cheering the hearing date, the banking industry said it still has concerns.

A joint letter addressed to Senate


Crypto industry cheers Senate Clarity Act markup d

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusThe European Union is racing against a self-imposed deadline to implement its side of t

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The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg.

President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel Institute for the World Economy estimates could cost Germany nearly €15 billion in near-term output.

Bitcoin's exposure to this trade fight runs through US inflation, Federal Reserve policy, and cross-asset risk appetite.

The European Parliament advanced the implementing legislation on Mar. 26, subject to a sunrise clause tying EU tariff cuts to US compliance, a sunset clause ending concessions on Mar. 31, 2028, and a suspension mechanism if Washington breaches the deal or if US imports surge.


Bitcoin faces new tariff risk as EU races to final

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Solana (SOL) Today News Solana is currently trading in a volatile consolidation range, with the market watching closely for a breakout above key resistance zones. Recent price action shows SOL recover

Solana (SOL) Today
News
Solana is currently trading in a volatile consolidation range, with the market watching closely for a breakout above key resistance zones. Recent price action shows SOL recovering after short-term weakness, supported by growing ecosystem activity and strong trader interest.
One of the biggest developments is the continued expansion of Solana's DeFi and meme coin ecosystem, which has helped maintain high network activity and trading volume. Analysts also say Solana remains one of the fastest major blockchain networks, making it attractive for developers and institutional projects.
Another important focus is Solana's upcoming performance upgrades aimed at improving scalability and transaction processing speed. These improvements are increasing long-term confidence in the network.
However, short-term volatility remains high because SOL is still highly influenced by Bitcoin's overall market direction and broader crypto liquidity conditions.
Price Prediction (SOL)
Short-term range: $85 - $100
Bullish breakout target: $115 - $140
Strong bullish scenario: $160+ if ecosystem growth accelerates
Bearish downside zone: $70 - $78
Analysts believe Solana could remain one of the strongest-performing altcoins if adoption and trading activity continue growing through 2026.

Solana (SOL) Today News Solana is currently tradin

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