Crypto Weekly Roundup: Bitcoin No Longer Safe Haven? Spar Accepts BTC & More

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Bitcoin’s status as a safe-haven asset is being questioned by JPMorgan analysts, while Swiss retailer Spar begins accepting BTC, signaling growing mainstream adoption. On the regulatory front, Slovenia plans a 25% crypto tax by 2026, and New Hampshire advances a bill to hold Bitcoin reserves. Let’s dig deeper

Bitcoin

JPMorgan analysts say Bitcoin has failed to meet expectations as a safe-haven asset, as gold and traditional assets attract inflows amid global uncertainty.

Business

Spar has become the first supermarket in Switzerland to begin accepting Bitcoin (BTC), marking a significant milestone in the country’s progressive approach to digital asset adoption

Web3

Layer 2 payment platform, Fuse, has struck a strategic collaboration with Web 2.0 cybersecurity firm, Check Point Software Technologies Ltd, to leverage AI to provide real-time detection and prevention across the Fuse ecosystem

Enclave Markets is debuting EnclaveX, a permissionless and decentralized perpetuals exchange to put an end to bots that engage in endless MEV and front-running attacks.

The decentralized trading agents on the DeFi platform Giza have helped it amass over $1.1 million in capital, execute tens of thousands of transactions, and redefine what the idea of “intelligent liquidity” represents in the real world.

Altcoins

According to Buffett’s investment principles, the best cryptocurrencies to buy based on fundamentals, long-term potential, and intrinsic value as of April are Bitcoin Pepe (BPEP), PepeX (PEPX), and CartelFi (CARTFI).

In this article, we break down four coins that are all being talked about for different reasons - Web3 ai, Ethereum, Algorand, and Bittensor.

Coldware (COLD) has raised $2.6 million in the latest round of funding.

Regulation

Slovenia has proposed a 25% tax on crypto profits starting in 2026, aiming to bring regulatory clarity and to align with international standards.

New Hampshire’s House of Representatives has passed its Bitcoin reserve bill, House Bill 302, with lawmakers voting 192-179 in favor of the bill following a 16-1 vote by the House Commerce and Consumer Affairs Secretary in March

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

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