The Swiss National Bank (SNB) shareholders are urging the institution to embrace Bitcoin, citing its necessity in digital finance.
Bitcoin demand is rising amid declining exchange reserves. With large-scale institutional buys, the king of cryptocurrencies is anticipating exponential gains fueled by scarcity. Per CoinMarketCap data, BTC is trading at $94,678 with a 2.17% price upsurge, at press time. The race for BTC accumulation is tightening as traditional investors thirst for the “digital gold”.
According to a recent update by The Bitcoin Historian, the shareholders at the Swiss National Bank (SNB) annual shareholder meeting have urged the institution to purchase over 1,000 Bitcoin. The shareholders are hoping to establish BTC as a strategic reserve asset and have argued that Bitcoin is a;
…monetary tool for the digital age.
As traditional fiat systems face inflation risks from government policies and economic uncertainties, high-net-worth individuals and institutions are seeking Bitcoin reserves for a refuge. Crypto enthusiasts are increasingly overwhelmed by the latest government and institutional policies driving mainstream crypto adoption.
Corporate Bitcoin adoption is surging as companies buy 95,431 BTC in Q1, 2025, signalling heightened institutional confidence in crypto.
Bitcoin has found itself in the crypto spotlight on Tuesday, not only for hitting the $86k milestone, but also for the highest corporate acquisition in Q1 history over the years.
According to the latest report shared by Bitwise, institutions have recorded a total purchase of 95,431 BTC in Q1, 2025. Per the data, this marks BTC’s highest acquisition by large institutions in Q1 over the years.
Source: Bitwise
Bitcoin saw its first stages of Corporate interest during the COVID-19 pandemic period, following Strategy’s (formerly Microstrategy) 21,454 BTC purchase in August 2020 at $ 250 M. From treasury diversification to balance sheet reserves, BTC is spreading its wings in corporate finance.
Bitwise has noted this surge as a sign of increased investor confidence post-ETF approvals and clearer regulatory policies.
U.S Digital Assets Executive Director Bo Hines has revealed that the Trump administration may consider using tariff revenue to buy Bitcoin.
In an interview with the Pomp Podcast, the executive director of Trump’s Council of Advisors on Digital Assets, Bo Hines, has raised market enthusiasm regarding Bitcoin’s future. According to the Interview, the Trump administration is considering revenue from tariffs as capital to acquire more Bitcoin in addition to its reserves.
Bitcoin has surged 7.06% in the past 7 days, with its price fluctuating around $85,712 at press time, per CoinMarketCap Data. This is indicative of BTC’s strong momentum amid institutional and government support.
Source: CoinMarketCap
Trump’s meeting with pro-Bitcoin El Salvador’s President on 1the 4th of April has fuelled BTC’s bullishness as the market anticipates their cooperation in the advancement of Bitcoin adoption.
Crypto enthusiasts and Bitcoin maximalists are closely watching these developments and the Trump administration’s direction concerning BTC reserves.
Trump, through World Liberty Financial, is holding a crypto portfolio consisting of 94% Ethereum blockchain. What does he know?
U.S President Donald Trump is holding a crypto portfolio that is surprisingly going almost fully into Ethereum. Despite recent market volatility and rumoured sell-offs, World Liberty Financial has kept a strong hand on the Ethereum blockchain. With so many projects full of potential in the market, Crypto enthusiasts wonder what could be the reason for this.
Source: X
The possible reasons for such a portfolio
Ethereum is not just an ordinary coin but a bridge connecting a huge DeFi, NFTs, and Smart Contracts ecosystem. World Liberty Financial was established to promote digital freedom, financial independence, and the tokenization of assets.
Ethereum is a suitable and well-established blockchain that supports this agenda. It has notable market dominance as the King of altcoins. Therefore, Trump could be betting on its huge infrastructure with confidence that it will reshape finance and politics in the future.
U.S. Senate Banking Committee Member, Tim Scott, says major Bitcoin and crypto bills will be passed by August as the U.S. considers selling some of its Gold Reserves to buy Bitcoin.
The United States Treasury claims to hold about 261 million troy ounces of gold, equivalent to 8133.46 metric tons, in its reserves. A new report by a Senior White House official has fueled market enthusiasm regarding Bitcoin’s future. According to the report circulating online, the US is considering selling some of its gold reserves to buy Bitcoin.
A part of the circulating report has the following details, giving insights into what looks like a bullish signal for the market.
Source: X
Lately, Michael Saylor, Microstrategy’s Co-founder and Executive Chairman, has advised the U.S administration to sell its gold reserves and buy Bitcoin to “bankrupt” its enemies by dominating the world of reserve capital. In other cases, he calls it “buying the future”. As policies regarding digital assets become clearer, Bitcoin could see its value rise exponentially in 2025.
Investor optimism rises in the digital assets market as Pro-Crypto Paul Atkins officially becomes SEC Chairman. Ethereum surges 11% as SEC approves trading ETH Spot ETFs.
A crypto boom could be on the cards following recent developments at the U.S. Securities and Exchange Commission (SEC). Following a 52-44 vote outcome, the Senate has officially appointed the Wall Street consultant, Paul Atkins, to lead the SEC amid halted Trump tarrifs.
While most cryptocurrencies gained substantial bullish momentum following the decreased trade war tension, ETH could be poised for an exponential bull run in the mid-term. Per CoinMarketCap data, ETH has surged 11%, with its 24-hour trading volume rising 81%.
Source: CoinMarketCap
Are traders buying the dip now?
Crypto traders could be buying the recent dip as major altcoins have seen notable price surges. XRP has surged 11%, Solana 12%, BNB 5%, Cardano 11%, and LINK 15%. Meme coins such as DOGE and SHIB have recorded more than 10% gains.
The market has gained a bullish momentum following a week of extreme volatility. If the momentum holds, a bull rally could be on the start.
Trump tariffs could raise mining costs, making mining outside the U.S the only option for mining companies.
China has announced an 84% tariff on US goods in a move to reciprocate a 104% tariff imposed on its goods by the U.S on 8th of April. The country is a global factory for consumer electronics, including mining equipment supplied to mining firms worldwide.
As this trade war persists, mining companies in the United States have rushed to secure essential equipment before these tariffs become effective.
Additionally, mining companies have seen their share prices drop amid the ongoing global market crash, raising concerns about their profit margins. According to Seth on X, miner difficulty has hit a new high, making it even more expensive to mine BTC while prices are plummeting.
Source: X
Why a trade war is a triple blow for the mining industry
Profit margins for the miners could be hit from three different angles if trade wars persist. These include falling BTC prices, rising costs of mining equipment, and dropping share prices.
As a result, mining firms outside the U.S. have higher profit margins as the Trump administration imposes further tariffs on China goods.
What does the disconnect between President Trump’s claims and market sentiment suggest?
Popular prediction market, Polymarket, has predicted the chance of a U.S. recession as 61%, according to its latest update. However, the U.S president, Donald Trump, has kept his confidence in the U.S economy as indicated by his recent X (formerly Twitter) posts. Trump cites falling interest rates, low inflation, and strong tariffs as positive indicators of this.
Source: Polymarket
The contradiction in the market sentiment and Trump’s claims raises concerns about where the crypto and global finance stand in 2025.
Will the global market anxiety slow crypto growth?
A potential U.S recession could ripple across global economies, lowering investor confidence and digital asset demand while slowing trade. Traders could expect increased volatility in the crypto market over the next few weeks and months if global trade wars persist.
As traditional markets dip, fueled by recession fears, capital outflow from DeFi and blockchain projects is possible. This could plunge several altcoins. One should keep an eye on the progression of Trump’s trade tariffs for further insights.
March 4, 2025 – The Trump administration is preparing to announce a historic cryptocurrency tax reform, eliminating capital gains tax on cryptocurrency sales. This major shift in crypto tax policy is expected to drive mass adoption, attract institutional investors, and solidify the U.S. as a global leader inblockchain innovation.
Key Changes in the New Crypto Tax Policy
Zero capital gains tax on crypto sales, eliminating tax liabilities for traders and long-term investors.
The policy aligns with Trump’s pro-crypto stance, complementing his recent initiative to create a U.S. crypto reserve featuring major digital assets.
Expected to attract institutional investors and businesses, positioning the U.S. as a global hub for cryptocurrency and blockchain technology.
Could trigger a surge in Bitcoin (BTC), Ethereum (ETH), and altcoin trading activity, benefiting the broader crypto ecosystem.
Impact of Zero Capital Gains Tax on Crypto Investors
Currently, under existing crypto tax regulations, cryptocurrency is taxed as property, meaning traders pay capital gains tax on profits. With this new crypto tax policy, investors can sell Bitcoin, Ethereum, and altcoins without worrying about tax burdens, increasing liquidity and participation in the market.
The reform will encourage businesses to accept cryptocurrency payments, simplify tax reporting, and make digital assets more appealing for commercial use.
Market Reactions and Economic Implications
The announcement will create massive ripples in the crypto market, leading to key consequences such as:
Bitcoin (BTC) and Ethereum (ETH) price surges as investors react positively to tax-free profits.
More companies adopting crypto payments due to reduced tax liabilities.
The U.S. emerging as a preferred destination for blockchain startups and crypto businesses.
Trump’s Commitment to Crypto Tax Reform
This latest crypto tax policy update follows Trump’s recent move to establish a U.S. crypto reserve, holding major cryptocurrencies like Bitcoin (BTC), XRP, Solana (SOL), Cardano (ADA), and Ethereum (ETH). The administration’s stance is clear—support blockchain innovation, ease regulatory burdens, and position the U.S. as a leader in the digital asset space.
Final Thoughts
The proposed zero capital gains tax on cryptocurrency sales could redefine the global crypto landscape, making the U.S. a prime destination for investors, businesses, and blockchain innovators. As the market eagerly awaits official confirmation, the new crypto tax policy has already sparked optimism, setting the stage for potential long-term growth in the digital asset space.
