@ Felipe

https://i.ibb.co/LXyzzPB7/admin-ajax.png 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! The Latest Bitcoin & Macro news: Weekly Recap 24.02.2025 🧠Quote(s) of the week: 'When you self custody bitcoin, you strengthen the network. When trusted third parties hold your bitcoin, you weaken it.' - nostr:nprofile1qy08wumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wshsz8thwden5te0dehhxarj9e3xjarrda5kuetj9eek7cmfv9kz7qpq7u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrquyd27a 🧡Bitcoin news🧡 Unfortunately last week, the platform I am writing my Weekly Recaps on wasn't working. I apologize that you missed last week's recap. This week an extra long edition! On the 11th of February: ➡️The Swiss creator of ProtonMail launches a Bitcoin wallet that's open-source and self-custody to its 100 million customers. ➡️Polish Central Bank President Adam Glapiński rules out holding Bitcoin reserves "under any circumstances". "There is a lot to be said about Bitcoin. You can buy a lot and gain a lot, as well as lose a lot. However, we prefer something certain.” HFSP ➡️Email service provider Proton Mail just released an open-source Bitcoin wallet to their 100 million users. ➡️Publicly traded KULR buys an additional $10 million worth of Bitcoin. They now hold over 610 Bitcoin. ➡️Hong Kong confirms Bitcoin can be used as proof of capital for the new investment visa. ➡️'Bitcoin exchange reserves have hit a 3-year low of 2.5 million as demand continues to grow, per CryptoQuant. People are demanding physical gold and more Bitcoin. Interesting times.' -TKL ➡️Binance sold 3.600 Bitcoin ($350 million) from its reserves in January. ➡️Senator Lummis tells Fed Chair Jerome Powell: The Fed made a mess of Silicon Valley bank and there's a deliberate lack of understanding of Digital Asset policy by the Fed. During the hearing, Powell admitted there is a problem with crypto debanking, and also said never creating a central bank digital currency. ➡️Goldman Sachs just disclosed owning $1.58 BILLION Bitcoin through BlackRock and Fidelity ETFs. — MacroScope ➡️BlackRock has labeled Bitcoin as a “risk-off” asset. BlackRock says Bitcoin is “Risk Off” as a global monetary alternative, while ETH is “Risk On” as a blockchain play. Bitcoin is money, the rest of “crypto” is just a gamble. On the 12th of February: ➡️Metaplanet finished the day as Japan's 19th most liquid stock, with ¥42.6b (~$277 million) of trading volume. ➡️So far this year, Strategy's treasury operations have yielded a gain of 18,527 BTC, equivalent to approximately $ 1.8B in value. ➡️$114 billion VanEck's Matthew Sigel says the demand from 20 US Bitcoin Reserve bills could see states buy over 242,787 Bitcoin. ➡️Texas Senate Member Charles Schwertner filed legislation for a "Strategic Bitcoin Reserve" Two weeks ago, Texas Lieutenant Governor Dan Patrick announced he would make this a "priority bill for the 2025 legislative session." The new legislative text for the Texas Strategic Bitcoin Reserve, SB 21, is very bullish! It removes the annual buying limit of $500 million, the legislature can appropriate as much as it wants to save BTC. ➡️Metaplanet Secures 4.0 Billion JPY Through 0% Unsecured, Unguaranteed Bonds for Additional Bitcoin Acquisition. ➡️The National Bank of Canada has purchased Bitcoin ETF worth $2 million. ➡️GameStop can service a loan of up to $100 BILLION for 4.6 years with its existing $4.6b cash balance at 1% interest. That's twice the amount of Bitcoin Michael Saylor's currently holds. On that news, GameStop surges +20% considering buying Bitcoin with its $4.6 BILLION cash balance. On the 14th of February: ➡️JPMorgan Chase, which previously labeled Bitcoin as a Ponzi scheme and a tool for money laundering, has disclosed Bitcoin exposure through ETFs in its latest SEC filing. “If you can’t beat them, join them.” ➡️Barclays discloses holding $131M worth of Bitcoin through IBIT shares in its latest 13F filing. ➡️Hong Kong-based Avenir reported owning ~$600m Bitcoin through BlackRock’s ETF. ➡️Japanese energy consultant Remixpoint spent nearly its $65M target to acquire Bitcoin in 2024, according to the latest earnings presentation. Holdings rose over 8,000% in nine months, from 68M yen in March to ¥5.8B ($38M) by year-end. ➡️SBC Medical Group Holdings, a Delaware corporation headquartered in Tokyo, announces it will purchase 1B yen worth of Bitcoin. ➡️Trump had better hurry up—the global Bitcoin arms race has begun. One of the world's largest sovereign wealth funds is now actively accumulating bitcoin. Abu Dhabi’s sovereign wealth fund (with $1.75 Trillion AUM) invested $437 MILLION in Blackrock's Bitcoin ETF. Although buying a Bitcoin ETF and not the spot Bitcoin is kinda weak. https://i.ibb.co/b5jjf74V/Gjw3q3-VWAAABWag.jpg ➡️More notable holdings from BlackRock's bitcoin ETF as of their latest filings (Dec 31): Goldman Sachs: 24,077,861 shares worth $1.35B (+89% increase) Millennium Mgmt: 23,498,001 shares worth $1.32B (+116% increase) State of Wisconsin Investment Board: 6,060,351 shares worth $339M (+110% increase) Tudor Investment Corp: 4,428,230 shares worth $248M (+409% increase) On the 15th of February: ➡️Milei, President Argentina, and his shitcoinery (LIBRA): was not announced by decree (so Milei acted on his own) posted on his official presidential accounts on X and IG ultra rug pull. Kirchnerists are planning their political trials, and shedding tears of joy. Saifedean Ammous: 'Astonishing shitcoinery by Milei, shocking even to shitcoiners. He marketed a shitcoin to support the growth of Argentina, received millions of dollars from fans worldwide, dumped his coins, tanked the coin 95%, deleted the tweet, and now expects everyone to just move on.'https://i.ibb.co/0jGL4zJH/Gj4cn-VPa-EAAE1hp.jpg 'Government-shilled meme coin rug-pulls last month, country by country — scammers in suits running the same old fiat scam playbook.' - CarlBMenger Okay, one more quote on this topic: 'You think Presidents of countries will rug pull you with meme-coins but they won't seize your bitcoin held at custodians?'- Jameson Lopp 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. ➡️Global proprietary trading firm Jane Street Group has disclosed holdings of nearly 30K BTC ($2.8B), making it the largest Bitcoin ETF holder, surpassing Goldman Sachs at 25K BTC ($2.3B). ➡️Millennium Management owns $2.6B worth of Bitcoin. They’re the third largest hedge fund in the world. On the 16th of February: ➡️The National Bank of Canada and the Bank of Montreal are loading up on Strategy shares. ➡️In just one year, institutions have accumulated over 300,000 BTC in ETFs, nearly doubling their holdings since Q3 2024. Data from the latest 13F filings ➡️ The State of California has bought 41 million Dollars worth of Strategy MSTR with their pension funds. ➡️The California State Teachers Retirement System doubles its MSTR holdings, now worth $83 million. ➡️Cantor Fitzgerald, formerly led by Howard Lutnick, bought over $1 billion worth of MSTR shares in Q4, making it their largest position. With an average buy price of $229, they’re already up 47%. Lutnick now runs Trump’s new Sovereign Wealth Fund as Commerce Secretary. CalSTRS has $352 billion AUM and is the second largest pension fund in the USA. ➡️U.S. TREASURY SECRETARY SCOTT BESSENT: Bitcoin is "about freedom... I think everything is on the table with Bitcoin." On the 17th of February: ➡️'Bitcoin’s correlation with the S&P 500 has dropped to zero, marking a significant shift in market behavior. Historically tied to stocks, BTC is now moving independently, signaling a break from traditional macroeconomic influences.' - Bitcoin News https://i.ibb.co/x8B4n8cf/Gk-A-NXn-WQAA9-T9c.jpg ➡️'Imagine using money whose supply you can’t personally audit. Bitcoin's the only widely accepted form of money whose supply anyone with a $200 computer can fully verify. This is one of the key things that sets Bitcoin apart from everything else.' - Wicked ➡️Metaplanet buys another ¥4 billion worth of Bitcoin. 'After ten months on the Bitcoin Standard, Metaplanet owns approximately 1/10,340th of the world’s first & only absolutely scarce monetary asset.' - nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzqzgz2jqp5l5w2zzmqtn3zc30phap4p2sxjf67fr25s40pr67f5kl34qnc2 ➡️2017 VCs dumping on ICOs 2020 DeFi rug pulls 2024 Meme coin pump and dumps That’s the last 3 cycles in crypto. It normally takes 3 mistakes for people to learn. This is why BTC dominance is climbing back to its proper equilibrium.' - Willy Woo ➡️GameStop is considering investing in Bitcoin. The company is sitting on over $4.5 billion in cash. On the 18th of February: ➡️Bitcoin ownership changed massively in 2024.https://i.ibb.co/HD0ndgPw/Gk-Fhucd-WQAAB2k-X.png ➡️Daniel Batten: 'Tether is buying a 51% stake in Adecoagro, a renewable energy and Agriculture company for $1.24 billion. Here's why this matters to Bitcoin mining, and Bitcoin.': https://x.com/DSBatten/status/1891903192939577687 ➡️Union Bank of Switzerland UBS has bought 1.2 Billion Dollars worth of Strategy MSTR at an average price of $289.62 per stock. ➡️4-Year CAGR: BTC: 14%/year Gold: 13%/year S&P500: 12%/year This is the first time BTC is in the same range as other major assets over 4 years. ➡️South African Publicly traded Altvest Capital adopts Bitcoin Treasury Strategy and plans to buy $10 million of BTC. On the 20th of February: ➡️'Michael Saylor's STRATEGY announced pricing for up to $2.3 BILLION of convertible notes to buy more Bitcoin This is a $300m increase since the initial announcement.' -Bitcoin Archive On the 21sst of February: ➡️The Bybit hack is officially the largest crypto heist in HISTORY. $1.46B+ stolen (especially ETH) and still counting. That's 16% of ALL previous crypto hacks COMBINED. The Bybit hacker, North Korea's Lazarus Group behind Bybit's $1.4 billion hack, is now the 14th largest ETH holder in the world. They hold roughly 0.42% of total supply, more than Fidelity, Vitalik, and 2x +what the Ethereum Foundation holds Ethereum is toast. They can roll back the chain and destroy what is left of the decentralization claim or allow North Korean baad actors to keep $1.4B of ETH and unleash an eternal internal battle. Either way, it is terrible. https://x.com/Leishman/status/1892970132000866335 Now are ask yourself: If Coinbase got hacked and their Bitcoin was stolen, would Bitcoin's CEO consider rolling back the chain? ➡️New report finds Bitcoin mining: https://x.com/MARAHoldings/status/1893015821535879475 brings $4.1 billion in annual U.S. gross product creates 31,000 jobs helps stabilize the grid On the 22nd of February: ➡️Montana's #Bitcoin Reserve Bill has died in the House. I fully agree with the following statement made by BitBuyer313 on X: "Unpopular fact. This bill is going to get shot down in every single state that it was proposed, and a Bitcoin strategic reserve is going to get shot down as well. In the case of an emergency, the US government is one EO 6102 away from a strategic reserve honeypot called Coinbase.' Not only Coinbase but also the ETFs and maybe even MSTR. On the 24th of February: ➡️Whales are buying Bitcoin in quantities never seen before. ➡️Strategy completes a $2 billion offering of convertible notes at 0% coupon and 35% premium so they can buy more Bitcoin. Meanwhile, Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved a Bitcoin Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 Bitcoin acquired for ~$33.1 billion at ~$66,357 per Bitcoin Strategy has now acquired 284,696 Bitcoin since the halving. That works out to 918 BTC per day since the halving. That is 2.04 times the daily issuance. Sjeezzzz ➡️Rezolve AI launches a $1B Bitcoin treasury program, starting with a $100M investment. ➡️'Citadel Securities to become Bitcoin and crypto liquidity provider for major exchanges like Coinbase, Binance, Crypto com, and others.' -Bitcoin Archive ➡️Germany's €370 BILLION Deka bank to launch Bitcoin and crypto trading+custody for institutions. ➡️Over $110,000,000,000 was wiped out from the crypto market in the past 24 hours. ➡️Montana, North Dakota, and Wyoming all rejected bills for state Strategic Bitcoin Reserves over volatility concerns. There are still 19 US states with live Strategic Bitcoin Reserves! A total of 5 states; WY, PA, ND, MT & MS have dead bills. Joe Burnett: 'Unpopular opinion: Bitcoin’s volatility DOES make holding bitcoin risky in the short term, but the volatility is a function of its active monetization and 60% CAGR. Short-term swings don’t affect its long-term fundamentals or long-term performance.' ➡️Despite $38.6B flowing into Bitcoin ETFs since January 2024, only $17.5B (44%) appears to be from direct long-term investment, according to 10x Research. The remaining 56% likely involves arbitrage, where short Bitcoin futures are used to balance ETF inflows.