₿- Swiss campaigners are pushing for the Swiss National Bank to hold Bitcoin alongside gold to diversify its reserves amid global economic uncertainty.
₿- Ljubljana has been named the world’s most crypto-friendly city, thanks to its progressive regulations, strong adoption, and infrastructure.
₿- Tesla has maintained its $1 billion Bitcoin reserve without buying or selling in Q1 2025, benefiting from Bitcoin’s recovery and strong market activity.
₿- Fornelli, Italy, is set to unveil a monument to Bitcoin’s creator, Satoshi Nakamoto, recognizing the town’s high adoption rate among its residents.
The week behind saw key developments in the crypto space, starting with the Federal Reserve’s withdrawal of crypto guidance, easing the path for Bitcoin to enter institutions. An ancient Bitcoin whale moved $5 million after 15 years, sparking interest. Pro-crypto advocate Paul Atkins was sworn in as SEC Chair, hinting at potential regulatory shifts. Meanwhile, Bitcoin’s Easter surge, fueled by institutional confidence, sparked a rally. Now, let’s take a closer look at other catchy stories.
Swiss Campaigners Push for Bitcoin in National Bank Reserves
Calls are growing louder for the Swiss National Bank (SNB) to diversify its reserves with Bitcoin. Global uncertainty is rising as President Donald Trump’s tariffs continue to shake markets. In response, campaigners have launched a referendum to amend the Swiss constitution, aiming to require the SNB to hold Bitcoin alongside gold.
Luzius Meisser, board member at Bitcoin Suisse, believes Bitcoin could shield the SNB from political pressure and inflation risks tied to dollar and euro holdings. Switzerland’s crypto culture is already strong, with 11% of the population investing in digital assets. Yet, the SNB remains cautious, warning of security vulnerabilities and market volatility.
Despite this, campaigners like Yves Bennaim argue that Bitcoin’s blockchain is one of the most secure and fast-evolving technologies in the world. They are urging the SNB to invest even a modest 1–2% of its nearly 1 trillion franc reserves into Bitcoin. Supporters believe this would be a smart move as the global economy continues to shift.
Ljubljana’s Crypto Crown
Ljubljana has officially been named the world’s most crypto-friendly city. It topped Multipolitan’s 2025 Crypto Cities Index, surpassing major hubs like Hong Kong, Zurich, and Singapore.
The Slovenian capital’s strong showing is attributed to its progressive crypto regulations, real-world digital asset adoption, and robust infrastructure, including over 150 crypto ATMs. Ljubljana’s cohesive blockchain community played a key role in its success. Organisations like Blockchain Alliance Europe and initiatives like Blocksquare’s tokenisation of $1 billion in real estate pushed it ahead of other contenders.
In a related milestone, Slovenia topped the Crypto Wealth Concentration Index, with an average crypto ownership of $240,500 per resident. However, new regulations loom, with a 25% tax on personal crypto profits proposed for 2026, sparking concerns over potential innovation flight.
Tesla Hodl Strong: No Bitcoin Sales or Purchases in Q1 2025
Tesla revealed in its latest earnings report that it neither bought nor sold any Bitcoin in Q1 2025, keeping its impressive $1 billion BTC reserve intact. Currently valued at over $1.05 billion with an unrealised gain exceeding $500 million, Tesla’s steadfast Bitcoin holding continues to bolster its financial standing.
Despite Bitcoin’s price fluctuations, Tesla’s strategy has proven fruitful, especially after a major wallet transfer in Q3 2024 sent BTC prices surging. Bitcoin is enjoying a robust recovery, reclaiming $95,000. The cryptocurrency has seen a price increase over the past month, while spot Bitcoin ETFs are recording inflows at record highs. Additionally, SpaceX’s $560 million BTC stash underscores Elon Musk’s ongoing faith in cryptocurrency’s future.
Italian Town of Fornelli to Honour Satoshi Nakamoto
In Italy, the small town of Fornelli is set to unveil a monument dedicated to Bitcoin’s mysterious creator, Satoshi Nakamoto, on May 1. The statue, designed by local artist Mattia Pannoni and financed by the Fornelli government, celebrates the town’s remarkable Bitcoin adoption rate. Fornelli reportedly has the highest rate globally among its 1,800 residents.
The move mirrors global efforts in places like Bitcoin Beach in El Salvador and Zug in Switzerland to integrate crypto into local economies. True to Satoshi’s enigmatic legacy, the monument will feature a faceless figure, continuing the tradition of honouring the anonymous innovator who revolutionised global finance.
Stay informed,
Rodcas Consulting Group