Syz the moment

That’s a +155% move from here. Is it possible or too bold of a take? 🤔 $BTC Source: Trend Spider

🔴Efforts are underway in Switzerland to amend the Swiss Federal Constitution to mandate the Swiss National Bank (SNB) to hold Bitcoin alongside gold as part of its monetary reserves. This ground breaking initiative, officially registered in the Federal Gazette on December 31, 2024, seeks to position Switzerland at the forefront of global Bitcoin adoption ‼️ 👉 The Proposal and Its Architects The initiative, titled “For a financially sound, sovereign, and responsible Switzerland,” was spearheaded by Giw Zanganeh, Tether’s Vice President of Energy and Mining, alongside Yves Bennaïm, founder of the Swiss Bitcoin nonprofit think tank 2B4CH. Eight additional Bitcoin advocates collaborated on the proposal, which requires 100,000 signatures by June 30, 2026, to trigger a national referendum. This threshold represents roughly 1.12% of Switzerland’s population of 8.92 million. 👉 If successful, the proposed amendment would revise Article 99 Paragraph 3 of the Swiss Federal Constitution to state: “The National Bank builds up sufficient monetary reserves from its own earnings; part of these reserves are made up of gold and Bitcoin.” 🚨 The official PDFs (and instructions) are here 👇 : if you are Swiss you can sign and send it back to BITCOIN VOLKSINITIATIVE, POSTFACH 521, 6440 BRUNNEN

In total, the website gave away 19,700 BTC for free or $1,970,000,000 at the current exchange rate. Source: Documenting ₿itcoin @DocumentingBTC on X

Swiss citizens are advancing a new initiative to integrate Bitcoin into the financial reserves of the Swiss National Bank (SNB). This proposal has entered the official signature collection phase, aiming to secure 100,000 signatures within 18 months. If successful, the initiative will proceed to a national referendum to amend the Swiss federal constitution. The Swiss citizens initiative is an attempt to include Bitcoin in Article 99 (Clause 3) of the Swiss constitution which presently requires some amount of the country to be stored in gold. Bitcoin enthusiasts have suggested that Bitcoin should be considered as an instrument similar to gold. However, the initiative encounters numerous challenges even though the interest has been escalating. Switzerland being a neutral country does not often make changes to its constitution and the process is quite long and complicated. The proposal has to be supported and getting 100,000 verified signatures within the time limit is rather a challenging feat. source : coingape

Expect major liquidity injections. Bullish for Bitcoin ? Source: Crypto Rover @rovercrc

Source: Bloomberg, Bitcoin Magazine

Will the december monthly candle look like that? $BTC Source: Trend Spider

👉 Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings. 👉The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options. 👉The actively managed fund will hold both direct positions in Bitcoin-linked convertible securities and derivatives, with allocation decisions based on cost and return potential. 👉The fund will maintain cash positions in short-term US Treasury securities and may invest in other Bitcoin-focused investment vehicles. 👉As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies. 👉Operating under a “manager of managers” structure, the ETF will be advised by Empowered Funds, LLC, which can appoint and replace sub-advisers without shareholder approval. 👉The fund’s shares will trade on the New York Stock Exchange and be held through the Depository Trust Company. Source: Vivek⚡️on X, Cryptobriefing