BitcoinFriday on Nostr: The Latest Bitcoin & Macro news: Weekly Recap 07.01.2025 On Nostr, I will exclusively ...
The Latest Bitcoin & Macro news: Weekly Recap 07.01.2025
On Nostr, I will exclusively share the most significant Bitcoin news.
🧠Quote(s) of the week:
Bitcoin is freedom of speech in the language of money.
'The five stages of a No-Coiner:
1. Denial (most people are here)
2. Anger (Peter Schiff)
3. Bargaining (Shitcoiners)
4. Depression (Rekt shit-coiners)
5. Acceptance (Bitcoiner)' - Bitcoin for Freedom
🧡Bitcoin news🧡
On the 31st of December:
➡️Impressive growth for Unchained in securing Bitcoin for clients. $9.5 billion financial services company Unchained helped its clients secure over 100,000 Bitcoin in 2024.
➡️'ETH/BTC is down 30% this year—the "world computer" needs a new narrative quickly, otherwise, it's going to fall another 100%.' -Joe Consorti
➡️'Since the beginning of Q4, treasury operations delivered a BTC Yield of 47.8%, a net benefit of 120,600 BTC to our shareholders. At $96K per BTC, that equates to $11.6 billion for the quarter.' - Michael Saylor
On the 1st of January:
➡️BlackRock's Spot Bitcoin ETF now holds over 2% of all the Bitcoin that will ever exist.
➡️MicroStrategy is now down 47% since hitting an all-time high 6 weeks ago.
➡️'$793M worth of Bitcoin was transferred from MicroStrategy-linked Coinbase Prime Custody addresses to unknown wallets, according to Arkham Intelligence.' -Bitcoin News
➡️We start the year with a new low on Bitcoin on exchanges, and 30k Bitcoin withdrew in the last 24 hours.
➡️Daniel Batten: 'Little known fact: The World's largest Sovereign Fund (Government Pension Fund Global, Norway) already has significant Bitcoin exposure.
The fund has invested $217 million in MicroStrategy, tripling its allocation between Aug 2023 and Aug 2024.
Expect more of this in 2025.'
➡️New research paper published:
https://www.cetjournal.it/cet/24/114/061.pdf
TL;DR: Pairing Bitcoin mining and Green Hydrogen can:
accelerate the build-out of solar and wind capacity
boost capacity for negative emission technologies, capturing >7.4 t CO2e per Bitcoin
➡️Globalt Investments senior portfolio manager Thomas Martin reveals that the company currently has 10% of its portfolio in gold and that it could increase its holdings in Bitcoin, but probably below 5%.
➡️Hong Kong-listed company Yuxing buys 78.2 #Bitcoin for $6.3 million.
➡️2024 is in the books, and the results are clear:
Bitcoin topped the charts again, outperforming every major asset class for the year.
Investment returns last year:
Bitcoin: +121%
Gold: +27%
NASDAQ: +26%
S&P 500: +25%
Dow Jones: +13%
Emerging Markets: +6%
Cash: +5%
Real Estate: +5%
Commodities: +2%
Oil: +1%
US Bonds: +1%
Again Bitcoin is at the top. There is no second best.
By simply buying and holding Bitcoin, you outperformed 99.99% of all financial institutions on planet Earth in 2024, without hidden fees and bullshit.
On the 2nd of January:
➡️Billionaire investor Ray Dalio recommends Bitcoin as 'hard money' amid national debt increases, per the Block.
Recently I have seen a Ray Dalio interview. He owns Bitcoin, but he still doesn't understand some basic concepts. Oh well, Gradually then suddenly.
Ray Dalio: "I want to steer away from debt assets like bonds and debt, and have some hard money like gold and Bitcoin."
➡️FORBES: Bitcoin mining in Africa “has shown to provide the much-needed revenue to boost electricity infrastructure development, create jobs, sustainably electrify rural communities, and catalyze green energy production.”
➡️The Oxford English Dictionary added the word "satoshi'.
➡️Fold announces up to $30M in convertible note financing, backed by Bitcoin, to fuel growth and fast-track product development.
On the 3rd of January:
➡️On this day 16 years ago Bitcoin went online! Happy Bitcoin Genesis Block Day!
This block is unspendable. Satoshi also waited 6 days before mining block #2 so others had time to join the network.
Now that Bitcoin has existed for 16 years! Lindy effect says that Bitcoin would at least exist for another 16 years.
January 3, 2009. Satoshi undermines block 0 on a difficulty 1 CPU and incorporates into the Genesis Block hexadecimal code base the headline of that day’s Times “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks”. The bank bailout plan ‘cause of the subprime mortgage crisis in the GFC.
Since that day, the network has grown dramatically. Now, millions of people all over earth use Bitcoin. And while it’s great to hear that other countries like El Salvador, Bhutan, and others are embracing Bitcoin, I can’t help but wish my own country 🇳🇱 was embracing Bitcoin too.
Tick tick, next block without fail, Bitcoin continues to provide us with the most significant tool for freedom of speech and monetary sovereignty in the digital age!
Bitcoin is about financial inclusion and economic empowerment.🎯
Bitcoin is secured by the most powerful computing network in the world!🧡
Which leads me to the following.
➡️Just like with other emerging tech, perspectives evolve. Fascinating to see that finally, the vast majority of academic papers are recognizing the benefits of Bitcoin Mining.
Daniel Batten: "87.5% of contemporary peer-reviewed literature on Bitcoin and energy highlight Bitcoin mining having significant, scaleable environmental benefits
This shift in scientific consensus follows the same trend as that of other nascent technologies, where first-generation research is superseded by more nuanced work based on better understanding, more case studies, and improved data."
Here you can find the list of those 14 of the last 16 peer review academic papers: https://x.com/DSBatten/status/1874858383523618887
➡️Another one, a scientific paper suggests that Bitcoin could function as a safe haven in relation to geopolitical risk in times of market crashes.
"We find that Bitcoin and the Swiss Franc function as safe havens in relation to geopolitical risk in times of market crashes while Gold and Treasury bonds do not. [...] the protective aspects [...] mainly show through large stock market moves."
https://www.sciencedirect.com/science/article/abs/pii/S1544612324015721#:~:text=Using%20S%26P%20500%20and%20GPR,and%20Treasury%20bonds%20do%20not
➡️Eric Balchunas: "IBIT with its biggest outflow day ever yesterday with $332m, about 0.7% of the total aum. It's so over.."
We had a good run everyone. haha
➡️If you were hoping to see evidence for how simple it can be to do Bitcoin right… here you go. Just buy and hold.
https://x.com/sminston_with/status/1874978781200588838
➡️Bitcoin's network hashrate increased by 56% in 2024, from 512 to 800 exahash per second.
➡️ Chinese auto-trading platform Cango Inc. now holds 933.8 Bitcoin.
The company increased Bitcoin mining production by 56% in December, producing 569.9 BTC.
➡️'Bitcoin's UTXO set grew from 153.4M to 186.4M during 2024, adding 1 net additional UTXO per second.' - Jameson Lopp
On the 4th of January:
➡️'Unredacted FDIC documents reveal coordinated efforts to restrict Bitcoin activities under Operation Chokepoint 2.0, exposing systemic discrimination against the industry.' TFTC
Ridiculous actions were taken with intent over the last few years. We all knew it. I am not surprised at all.
➡️The Bitcoin network finalized more than $19 trillion worth of BTC transactions in 2024. More than double the $8.7 trillion settled over the network in 2023 - reversing two years of declining transaction volume since 2021. Decisively proving that Bitcoin is both a store of value and a medium of exchange.
On the 5th of January:
➡️The largest Bitcoin mine in the world is nearing completion.
Riot Blockchain’s new facility is under construction in Corsicana Texas, which, once fully developed, will be powered by 1 gigawatt in total mining capacity.
➡️Ffs nothing learned from 2022, ahumm FTX ahuhmm Celcius. 'One of the largest publicly traded Bitcoin mining firms in the U.S., MARA, has lent 7,377 BTC to third parties to generate yield, representing approximately 16% of its total reserves. These loans are “short-term arrangements with well-established third parties.” The long-term objective is to generate sufficient yield to offset operating expenses.'
Surely nobody has even gotten caught offsides rehypothecating their Bitcoin, right? Right!?!?!?
➡️Metaplanet is aiming to expand its Bitcoin holdings more than fivefold to 10,000 Bitcoin in 2025, says CEO Simon Gerovich.
For those beyond Nostr—friends, family, and colleagues—the complete Weekly Recap will be accessible on my Bitcoin Friday page on Habla.
Enriched with detailed charts, illustrative images, and comprehensive macroeconomic news to provide context and clarity.
Do you think this long format post is helpful to you? If so, please share it and support my work with a zap.
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃
⭐ Many thanks⭐
Felipe -Bitcoin Friday!
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃
On Nostr, I will exclusively share the most significant Bitcoin news.
🧠Quote(s) of the week:
Bitcoin is freedom of speech in the language of money.
'The five stages of a No-Coiner:
1. Denial (most people are here)
2. Anger (Peter Schiff)
3. Bargaining (Shitcoiners)
4. Depression (Rekt shit-coiners)
5. Acceptance (Bitcoiner)' - Bitcoin for Freedom
🧡Bitcoin news🧡
On the 31st of December:
➡️Impressive growth for Unchained in securing Bitcoin for clients. $9.5 billion financial services company Unchained helped its clients secure over 100,000 Bitcoin in 2024.
➡️'ETH/BTC is down 30% this year—the "world computer" needs a new narrative quickly, otherwise, it's going to fall another 100%.' -Joe Consorti
➡️'Since the beginning of Q4, treasury operations delivered a BTC Yield of 47.8%, a net benefit of 120,600 BTC to our shareholders. At $96K per BTC, that equates to $11.6 billion for the quarter.' - Michael Saylor
On the 1st of January:
➡️BlackRock's Spot Bitcoin ETF now holds over 2% of all the Bitcoin that will ever exist.
➡️MicroStrategy is now down 47% since hitting an all-time high 6 weeks ago.
➡️'$793M worth of Bitcoin was transferred from MicroStrategy-linked Coinbase Prime Custody addresses to unknown wallets, according to Arkham Intelligence.' -Bitcoin News
➡️We start the year with a new low on Bitcoin on exchanges, and 30k Bitcoin withdrew in the last 24 hours.
➡️Daniel Batten: 'Little known fact: The World's largest Sovereign Fund (Government Pension Fund Global, Norway) already has significant Bitcoin exposure.
The fund has invested $217 million in MicroStrategy, tripling its allocation between Aug 2023 and Aug 2024.
Expect more of this in 2025.'
➡️New research paper published:
https://www.cetjournal.it/cet/24/114/061.pdf
TL;DR: Pairing Bitcoin mining and Green Hydrogen can:
accelerate the build-out of solar and wind capacity
boost capacity for negative emission technologies, capturing >7.4 t CO2e per Bitcoin
➡️Globalt Investments senior portfolio manager Thomas Martin reveals that the company currently has 10% of its portfolio in gold and that it could increase its holdings in Bitcoin, but probably below 5%.
➡️Hong Kong-listed company Yuxing buys 78.2 #Bitcoin for $6.3 million.
➡️2024 is in the books, and the results are clear:
Bitcoin topped the charts again, outperforming every major asset class for the year.
Investment returns last year:
Bitcoin: +121%
Gold: +27%
NASDAQ: +26%
S&P 500: +25%
Dow Jones: +13%
Emerging Markets: +6%
Cash: +5%
Real Estate: +5%
Commodities: +2%
Oil: +1%
US Bonds: +1%
Again Bitcoin is at the top. There is no second best.
By simply buying and holding Bitcoin, you outperformed 99.99% of all financial institutions on planet Earth in 2024, without hidden fees and bullshit.
On the 2nd of January:
➡️Billionaire investor Ray Dalio recommends Bitcoin as 'hard money' amid national debt increases, per the Block.
Recently I have seen a Ray Dalio interview. He owns Bitcoin, but he still doesn't understand some basic concepts. Oh well, Gradually then suddenly.
Ray Dalio: "I want to steer away from debt assets like bonds and debt, and have some hard money like gold and Bitcoin."
➡️FORBES: Bitcoin mining in Africa “has shown to provide the much-needed revenue to boost electricity infrastructure development, create jobs, sustainably electrify rural communities, and catalyze green energy production.”
➡️The Oxford English Dictionary added the word "satoshi'.
➡️Fold announces up to $30M in convertible note financing, backed by Bitcoin, to fuel growth and fast-track product development.
On the 3rd of January:
➡️On this day 16 years ago Bitcoin went online! Happy Bitcoin Genesis Block Day!
This block is unspendable. Satoshi also waited 6 days before mining block #2 so others had time to join the network.
Now that Bitcoin has existed for 16 years! Lindy effect says that Bitcoin would at least exist for another 16 years.
January 3, 2009. Satoshi undermines block 0 on a difficulty 1 CPU and incorporates into the Genesis Block hexadecimal code base the headline of that day’s Times “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks”. The bank bailout plan ‘cause of the subprime mortgage crisis in the GFC.
Since that day, the network has grown dramatically. Now, millions of people all over earth use Bitcoin. And while it’s great to hear that other countries like El Salvador, Bhutan, and others are embracing Bitcoin, I can’t help but wish my own country 🇳🇱 was embracing Bitcoin too.
Tick tick, next block without fail, Bitcoin continues to provide us with the most significant tool for freedom of speech and monetary sovereignty in the digital age!
Bitcoin is about financial inclusion and economic empowerment.🎯
Bitcoin is secured by the most powerful computing network in the world!🧡
Which leads me to the following.
➡️Just like with other emerging tech, perspectives evolve. Fascinating to see that finally, the vast majority of academic papers are recognizing the benefits of Bitcoin Mining.
Daniel Batten: "87.5% of contemporary peer-reviewed literature on Bitcoin and energy highlight Bitcoin mining having significant, scaleable environmental benefits
This shift in scientific consensus follows the same trend as that of other nascent technologies, where first-generation research is superseded by more nuanced work based on better understanding, more case studies, and improved data."
Here you can find the list of those 14 of the last 16 peer review academic papers: https://x.com/DSBatten/status/1874858383523618887
➡️Another one, a scientific paper suggests that Bitcoin could function as a safe haven in relation to geopolitical risk in times of market crashes.
"We find that Bitcoin and the Swiss Franc function as safe havens in relation to geopolitical risk in times of market crashes while Gold and Treasury bonds do not. [...] the protective aspects [...] mainly show through large stock market moves."
https://www.sciencedirect.com/science/article/abs/pii/S1544612324015721#:~:text=Using%20S%26P%20500%20and%20GPR,and%20Treasury%20bonds%20do%20not
➡️Eric Balchunas: "IBIT with its biggest outflow day ever yesterday with $332m, about 0.7% of the total aum. It's so over.."
We had a good run everyone. haha
➡️If you were hoping to see evidence for how simple it can be to do Bitcoin right… here you go. Just buy and hold.
https://x.com/sminston_with/status/1874978781200588838
➡️Bitcoin's network hashrate increased by 56% in 2024, from 512 to 800 exahash per second.
➡️ Chinese auto-trading platform Cango Inc. now holds 933.8 Bitcoin.
The company increased Bitcoin mining production by 56% in December, producing 569.9 BTC.
➡️'Bitcoin's UTXO set grew from 153.4M to 186.4M during 2024, adding 1 net additional UTXO per second.' - Jameson Lopp
On the 4th of January:
➡️'Unredacted FDIC documents reveal coordinated efforts to restrict Bitcoin activities under Operation Chokepoint 2.0, exposing systemic discrimination against the industry.' TFTC
Ridiculous actions were taken with intent over the last few years. We all knew it. I am not surprised at all.
➡️The Bitcoin network finalized more than $19 trillion worth of BTC transactions in 2024. More than double the $8.7 trillion settled over the network in 2023 - reversing two years of declining transaction volume since 2021. Decisively proving that Bitcoin is both a store of value and a medium of exchange.
On the 5th of January:
➡️The largest Bitcoin mine in the world is nearing completion.
Riot Blockchain’s new facility is under construction in Corsicana Texas, which, once fully developed, will be powered by 1 gigawatt in total mining capacity.
➡️Ffs nothing learned from 2022, ahumm FTX ahuhmm Celcius. 'One of the largest publicly traded Bitcoin mining firms in the U.S., MARA, has lent 7,377 BTC to third parties to generate yield, representing approximately 16% of its total reserves. These loans are “short-term arrangements with well-established third parties.” The long-term objective is to generate sufficient yield to offset operating expenses.'
Surely nobody has even gotten caught offsides rehypothecating their Bitcoin, right? Right!?!?!?
➡️Metaplanet is aiming to expand its Bitcoin holdings more than fivefold to 10,000 Bitcoin in 2025, says CEO Simon Gerovich.
For those beyond Nostr—friends, family, and colleagues—the complete Weekly Recap will be accessible on my Bitcoin Friday page on Habla.
Enriched with detailed charts, illustrative images, and comprehensive macroeconomic news to provide context and clarity.
Do you think this long format post is helpful to you? If so, please share it and support my work with a zap.
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃
⭐ Many thanks⭐
Felipe -Bitcoin Friday!
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃