The post The country’s central bank announced that it had purchased Bitcoin (BTC) in a surprise move! “This is the first time in its history that it has purchased crypto!” appeared on BitcoinEthereumNews.com. According to Reuters, the Czech National Bank (CNB) announced that it purchased $1 million worth of Bitcoin (BTC). Accordingly, the Czech National Bank purchased digital assets for the first time in its history. The majority of the portfolio consists of BTC, but the portfolio also includes a US dollar-based stablecoin and a tokenized deposit to gain experience in digital markets. With this $1 million investment, CNB has created a test portfolio of blockchain-based digital assets. It was stated that all of these were purchased through an exchange, but no further details were given. “The Czech National Bank (CNB) has purchased digital assets for the first time in its history. The purchase was made outside of its existing international reserves. …The purpose of the portfolio is to gain practical experience in holding digital assets and to implement and test the necessary related processes.” The bank stated that the purchase in question was made outside of CNB’s existing international reserves and added that the investment amount will not be actively increased. CNB President Ales Michl explained: “I came up with the idea of creating a test portfolio in January 2025. The aim was to test decentralized Bitcoin from a central bank perspective and assess its potential role in diversifying our reserves. Consequently, stablecoins and tokenized deposits were also included in Bitcoin. We will continuously inform the public about our experience and present an overall assessment of the project in approximately two to three years.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/the-countrys-central-bank-announced-that-it-had-purchased-bitcoin-btc-in-a-surprise-move-this-is-the-first-time-in-its-history-that-it-has-purchased-crypto/The post The country’s central bank announced that it had purchased Bitcoin (BTC) in a surprise move! “This is the first time in its history that it has purchased crypto!” appeared on BitcoinEthereumNews.com. According to Reuters, the Czech National Bank (CNB) announced that it purchased $1 million worth of Bitcoin (BTC). Accordingly, the Czech National Bank purchased digital assets for the first time in its history. The majority of the portfolio consists of BTC, but the portfolio also includes a US dollar-based stablecoin and a tokenized deposit to gain experience in digital markets. With this $1 million investment, CNB has created a test portfolio of blockchain-based digital assets. It was stated that all of these were purchased through an exchange, but no further details were given. “The Czech National Bank (CNB) has purchased digital assets for the first time in its history. The purchase was made outside of its existing international reserves. …The purpose of the portfolio is to gain practical experience in holding digital assets and to implement and test the necessary related processes.” The bank stated that the purchase in question was made outside of CNB’s existing international reserves and added that the investment amount will not be actively increased. CNB President Ales Michl explained: “I came up with the idea of creating a test portfolio in January 2025. The aim was to test decentralized Bitcoin from a central bank perspective and assess its potential role in diversifying our reserves. Consequently, stablecoins and tokenized deposits were also included in Bitcoin. We will continuously inform the public about our experience and present an overall assessment of the project in approximately two to three years.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/the-countrys-central-bank-announced-that-it-had-purchased-bitcoin-btc-in-a-surprise-move-this-is-the-first-time-in-its-history-that-it-has-purchased-crypto/

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more