BitcoinFriday on Nostr: https://m.primal.net/NWtk.png The Latest Bitcoin & Macro news: Weekly Recap ...
The Latest Bitcoin & Macro news: Weekly Recap 21.01.2025
On Nostr, I will exclusively share the most significant Bitcoin news.
For those (still) 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.
Happy reading!
🧠Quote(s) of the week:
'For the love of God, Bitcoin is not a 'scam', and it is not 'going away'. Do yourself some good by honestly and thoroughly researching it, away from mainstream media nonsense. You can thank me and thousands of others on here later.'
'Do you actually understand what it means when the whole world tries to squeeze into a fixed supply digital asset that never gets diluted, is audited every 10 minutes, and trades 24/7 as the most liquid asset on earth? If you do, you’re holding on for dear life.' -Bitcoin For Freedom
🧡Bitcoin news🧡
After a short break from the recap, I am back. I got a new place and I had to focus on that project. Now before I start with this week's Weekly Recap I want to remind all the political larpers (Trump voters etc) of one thing:
THE PROMISE
1. Strategic Bitcoin Reserve
2. Free Ross day one
THE REALITY
1. 47M Wrapped BTC
2. Maybe free Ross later
3. 4.7M tron
4. 47M Ethereum
5. 4.7 M litecoin
6. Pardoned J6 participants
Oh, and he launched the biggest meme/shitcoin, and rug pulled the shit out of it.
On the 12th of January:
➡️Eighth consecutive positive adjustment on the horizon. We saw nine in 2021 and 17 in 2018. This is insane.
➡️A Santander Bank report highlights El Salvador’s booming tourism industry, fueled by Bitcoin adoption.
The country announced 3.9M tourists in 2024—a 22% YoY increase and nearly double the levels seen between 2013-2016.
➡️Bitcoin mining difficulty increased by 0.6101% today. The network has programmatically adjusted to a new difficulty level of 110,451,907,374,649 hashes, ensuring the target block time remains stable as global computing power on the network fluctuates.
➡️We now have 7 states, and counting, pushing a Strategic Bitcoin Reserve Bill:
- New Hampshire
- Alabama
- Florida
- Pennsylvania
- Texas
- Ohio
- North Dakota
On the 13th of January:
➡️Italy's largest bank Intesa Sanpaolo has started buying Bitcoin, according to leaked internal emails which celebrate the "first transaction" of €1m for 11 Bitcoin.
➡️The number of Bitcoin addresses holding over 100 BTC has surged by 8.6% since Trump’s election in November.
➡️Ming Shing Group from Hong Kong just acquired 500 Bitcoin for $47M.
➡️Semler Scientific has acquired 237 BTC for ~$23.3 million at ~$98,267 per Bitcoin and has generated a BTC Yield of 99.3% since adopting our BTC treasury strategy in May 2024. As of 1/10/2025, we held 2,321 Bitcoin acquired for ~$191.9 million at ~$82,687 per Bitcoin.
➡️$11.5 trillion BlackRock says that Bitcoin adoption is outpacing the internet and mobile phones.
On the 14th of January:
➡️The Bitcoin network has 610,929x more hashing computational power than the combined total of the world’s top 500 supercomputers.
On the 16th of January:
➡️'Someone just moved 11,000 Bitcoin worth $1.1 BILLION around the world for ONLY $1.50
The world's most efficient monetary network.' - Pete Rizzo
➡️XRP is down 80% from its bitcoin all-time high in 2017. Just don't do shitcoins, it's that simple.
On the 17th of January:
➡️'They did it again! Bindseil and Schaaf published the article, 'Arguments Against a Strategic Bitcoin Reserve'.
It is a wild ride, reaching peak FUD. Maybe even so wild that they had to publish it in a newspaper and not as an ECB blog post.
This is ultra bullish' - Dr. Jan Wüstenfeld
➡️Metaplanet's market cap closes above $1 billion for the first time since adopting a Bitcoin Standard.
➡️Jeroen Blokland: ‘Nearly one-fifth of all U.S. states are formally weighing whether to have public funds invest in Bitcoin.’
I am afraid and convinced at the same time that soon, the EU will be the only region still aiming to introduce a central bank digital currency. As a result, it will trigger more polarization, and Europe will lose the Bitcoin battle, just as it hopelessly lost the technology and AI battle.
➡️'ETH was supposed to become deflationary after the "merge"
But now the supply is almost back to where it was BEFORE the merge
If you're still falling for this shit, you deserve to get scammed.' -Rajat Soni
To make it even worse:
'The ETHBTC ratio is now lower than the day when Coinbase listed it in 2016. You would have been buying ETH at ~$13, but funny enough if you would have just bought and held Bitcoin, you would have actually outperformed it.' -Pledditor.
➡️ First union in Idaho bought Bitcoin.
➡️ California state officials embraced Bitcoin.
➡️Wyoming filed for Strategic Bitcoin Reserve bill.
➡️Massachusetts filed for Strategic Bitcoin Reserve bill. Up to 10% of the $9 Billion Commonwealth Stabilization Fund can be invested in Bitcoin
➡️'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 18th of January:
➡️ Swiss Bitcoin advocates are pushing for the Swiss National Bank to add Bitcoin to the national reserves - Bloomberg
They need 100,000 signatures to put it to a national vote.
➡️3.47M Bitcoin addresses hold more than 0.1 BTC. If you own one of them you’re set for life.
➡️Donald Trump dropped a meme coin instead of stacking Bitcoin for a Strategic Reserve. If the president of the UNITED STATES OF AMERICA can launch and promote a memecoin, then essentially it's OK (and not shamed) for anyone/anywhere to do so.
The grift to come is going to be unreal, even by CrApTo standards.
A memecoin/shitcoin is a zero-sum* lottery.
There is no wealth creation. Every buy order is simply matched by a sell order. After an initial spike, the price eventually crashes and the last buyers lose everything.
That's the only thing I am going to share on the subject.
➡️Arizona Strategic Bitcoin Reserve bill introduced
The State can invest up to 10% from:
1) State general fund - $28B
2) State retirement funds - $50B
➡️ Bitwise bought +$200 MILLION Bitcoin for its ETF today. The biggest single-day inflow since launching last year.
On the 19th of January:
➡️ Bitcoin Network System Explained in a Chart:
On the 20th of January:
➡️Bitcoin mining difficulty hits a NEW ALL-TIME HIGH.
➡️YouTube rival Rumble started buying Bitcoin for its balance sheet on Friday - CEO
➡️Bitcoin went up 20x in Trump's first term as President. 10x this time?
Credit: I have used multiple sources!
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.
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 BITCOINFRIDAY
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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