BitcoinFriday on Nostr: https://m.primal.net/ObWn.jpg The Latest Bitcoin & Macro news: Weekly Recap ...
The Latest Bitcoin & Macro news: Weekly Recap 11.02.2025
On Nostr, I will exclusively share the most significant Bitcoin news. (this note)
For those (still) beyond Nostr—friends, family, and colleagues—the complete Weekly Recap will be accessible on my Bitcoin Friday page on Habla. (next note)
Enriched with detailed charts, illustrative images, and comprehensive macroeconomic news to provide context and clarity.
Happy reading!
🧠Quote(s) of the week:
You conflate maximalism with close-mindedness because you believe money is a 'collective hallucination' instead of an emergent solution to a coordination problem. Anilsaidso anil (nprofile…v6tq)
'DOGE finding waste and fraud? Don’t miss the forest for the trees: Any money system that does not fix a unit of currency to a unit of energy is functionally fraudulent, because if a currency is not tied to energy, then creating fiat currency functionally means creating energy by govt fiat, which is a violation of physics, which is fraud.
Once you are in a system that pretends it can create energy by printing currency, it is just a question of “How much fraud occurs until the system collapses?”
You will know the end of that system is near when debt gets high, rates rise, & yet the price of energy-linked neutral assets like gold & BTC rise with rates (instead of falling), as free markets scramble out of printed currency & debt into actual energy linked assets, which is happening - rates up, & yet see gold and BTC.)' - Luke Gromen
🧡Bitcoin news🧡
On the 4th of February:
➡️El Salvador bought another 11 Bitcoin worth over $1.1 million for their strategic Bitcoin reserve.
➡️'Someone just moved 50 Bitcoin worth $5 MILLION that they mined 15 years ago They HODL'ed from $0.10 to $100k. Legend.' - Pete Rizzo
➡️Bitcoin funding rates turn negative — a very rare signal historically followed by massive price surges. Buckle up.
➡️Coinbase urges US to remove barriers for banks to provide Bitcoin and crypto services - BBG
➡️'Forbes recently covered how Bitcoin mining is fast-tracking millions of Ethiopians out of energy poverty. 100% renewable + economically benefitting the country No other technology has been able to do this. Ever.' Daniel Batten / Forbes
➡️President Trump's Crypto Czar David Sacks had a press conference on this day. Here are some notes:
• “will be heavy on Bitcoin and timelines.”
• “Discussion of Sovereign Wealth Fund.”
• “Timelines laid out as to proposed legislation (Lummis) and BSR.”
• “Yes, I expect there to be ‘America First’ rhetoric with SWF and crypto.”
• “reiterating, no $XRP”
Ergo a lot of word salad and not something juuuggggge was happening.
➡️President Bukele Offers To Jail Roger Ver in El Salvador. Bukele: "El Salvador prisons have big cell blocks. It's the perfect place for him" If you don’t get the joke, Study Bitcoin's history in detail. I will give you a hint. Book: The Blocksize War!
➡️'Semler Scientific acquired 871 Bitcoins for $88.5 million and has generated a BTC Yield of 152% since July 1, 2024. Now holding 3,192 bitcoin. Just getting started.' - Eric Semler
On the 5th of February:
➡️Bitcoin on track to hit $1.5m by 2030 - Ark Invest
On the 6th of February:
➡️Czech President signed a law removing the capital gains tax on #Bitcoin after 3+ years of holding. Sovereign game theory intensifies. Tick tock, next block! Meanwhile the ECB. 'The ECB just published an interview with Reuters where they contemplate a risk assessment of current FX swap lines if another central bank held Bitcoin reserves. They are literally trying to hinder the Czech National Bank from buying Bitcoin. Bitcoin is winning.' - Andre Dragosch
➡️Former PayPal President: Sell Gold Reserves to Buy Bitcoin "We're the number 1 holder of gold. If you think of Bitcoin as a better version of gold, why not rebalance a portion of that reserve to Bitcoin? There's a lot more growth in Bitcoin in the coming decades."
➡️Whales are buying Bitcoin like never seen before. Billionaires are stacking Bitcoin, front-running governments, pubco’s, and plebs.
➡️IOWA BITCOIN RESERVE BILL HF 246 would allow investment of 5% of public monies in digital assets of $750b+ market cap (i.e. Bitcoin)
➡️Eric Balchunas: Trump to launch "Bitcoin Plus" ETF.
➡️'The power is so cheap in the north of Norway now that the hydropower plants are considering dumping their water in the sea. We need more Bitcoin mining.' -Jaran Mellerud
Great explanation on the topic: https://x.com/GoldIRAChannel/status/1887718777338667369
➡️Great report by Breeze Breez_tech (nprofile…3ytq) . https://breez.technology/report/
'Bitcoin isn't "just" digital gold, it's an everyday currency. 650M+people reached on Lightning Businesses real-world impact Growing ecosystem driving adoption New use cases unlocked.' - Breeze
Breeze is one of, if not, my favorite self-custodial Lightning Bitcoin payments app.
On the 7th of February:
➡️Utah pulls ahead in the race to create a Strategic Bitcoin Reserve. Utah’s HB230 just became the first state Bitcoin reserve bill to clear a chamber vote, passing the House and heading to the Senate.
➡️ If any public companies are wondering whether Bitcoin is the solution… here’s your answer: Metaplanet’s market cap has been 100X’d (3.50 0%)since adopting Bitcoin as a treasury asset less than one year ago.
➡️Maryland State Delegate Caylin Young introduces the "Strategic Bitcoin Reserve Act of Maryland".
➡️MISSOURI FILES 2ND Bitcoin reserve bill that includes:
5 YR HODL requirement
State must accept BTC payments
No cap on how much the state can buy 1st bill SB614 is currently in the Senate!
➡️Rep. TJ Roberts introduces a bill to invest up to 10% of state funds in Bitcoin for Kentucky.
➡️BlackRock boosts its stake in MicroStrategy to 5%, now holding 11.2M shares, up from 4.09% in September. Next to that, BlackRock holds $140m in IBIT - their Bitcoin ETF. Per their 13F SEC filing today. Up from $92m in November 2024.
➡️ Tornado Cash founder Alexey Pertsev has been released from prison. Pertsev was found guilty of money laundering in 2024. He is currently preparing an appeal. https://decrypt.co/304723/tornado-cash-developer-alexey-perstev-leaving-prison
On the 8th of February:
➡️Florida is the latest state to introduce a Strategic Bitcoin Reserve. Republican Senator Joe Gruters has introduced a bill proposing the investment of part of the state’s funds in Bitcoin to counter rising inflation.
➡️'FTX will repay 98% of creditors on February 18th. Creditors will receive a total of 119% of their funds lost in US dollar terms on November 11th, 2022. This is the equivalent of only 20% in Bitcoin terms. This is a lesson in self-custody.' -The Bitcoin Therapist
Just a quick reminder: 'Over 5 million Bitcoins are gone. Forever. No keys. No recovery. No second chance.
Satoshi’s wallet: 1M BTC, untouched
Mt. Gox hack: 744K BTC,
Lost key & wallets: ~3.7M BTC
James Howells’ hard drive: 8K BTC, buried Do people even grasp Bitcoin’s scarcity?'- Eli Nagar
➡️MONTANA BITCOIN RESERVE BILL
MT House Bill 429 would authorize up to $50m invested into 'digital assets over $750b market cap' i.e. Bitcoin, by July 15, 2025.
19 States want Bitcoin in their reserves so far, and 27 states are all pro-Bitcoin and Digital Asset Bills. It's just crazy to me what's happening. A few years ago, I couldn't even imagine it would go this fast. Hello, game theory!
➡️PNC, the 8th largest U.S. bank with $325 billion in AUM, has disclosed $67 million in Bitcoin exposure through its 13F filing with the SEC.
On the 9th of February:
➡️Hong Kong officially recognizes Bitcoin as proof of capital for residency applications.
➡️That’s 815,000,000,000,000,000,000 hashes per second securing the world’s largest permissionless monetary network Bitcoin’s hashrate sets a new record high above 810 EH.
➡️University of Austin to buy $5m Bitcoin. "We don’t want to be left behind," says CIO of the university fund.
On the 10th of February:
➡️'Priced in Bitcoin the S&P 500 looks like a meme coin rug pull.' -CarlBMenger
➡️Valid point by Bit Harington: 'It takes years for Bitcoin to finally leave a new 10X price zone and start looking for the next 10X. $1K lasted ~3.5 years. $10K also 3 years. It seems logical to assume that the $100K price zone will also last several years; One of the reasons I don't believe in $1M this cycle.'
➡️Another solo miner has mined an entire Bitcoin block worth $ 300,000. Just sensational.
➡️Michael Saylor's STRATEGY just bought another 7,633 Bitcoin worth $742 million. 'Strategy has added 7,633 Bitcoin to its holdings for ~$742.4 million at an average price of $97,255 per Bitcoin, bringing its total Bitcoin stack to 478,740 BTC. Acquired for ~$31.1 billion at an average of $65,033 per Bitcoin, the company's Bitcoin yield stands at a 4.1% YTD in 2025.' - Saylor
➡️Japan to scrap ban on Bitcoin ETFs and cut taxes on crypto-assets from 55% down to 20%.
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.
🎁If you have made it this far I would like to give you a little gift:
preston (nprofile…5gu2) and Luke Gromen discuss Bitcoin’s Lightning Network, Tether’s USDT integration, and the impact on global payments and traditional banking infrastructure.
https://www.youtube.com/watch?v=w8JXdYmllZ4
Credit: I have used multiple sources!
My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly.
Use the code SE3997
Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple. ⠀⠀⠀⠀ ⠀ ⠀⠀⠀
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⭐ Many thanks⭐
Felipe - Bitcoin Friday!
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