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February — Week #1

By BLOCKTALK in Bitcoin —

🤑 Markets

  1. U.S. Spot Bitcoin ETF Inflows Surge 175% Year-Over-Year: Bitcoin spot ETFs in the U.S. are seeing a surge in inflows, increasing by 175% year-over-year. This growth reflects heightened investor interest and confidence in Bitcoin as a mainstream investment avenue.
  2. Bitcoin Drops Below Key 2025 Realized Price: Bitcoin has dropped below its key realized price level for 2025, indicating increased risk of further declines. Analysts suggest this movement could signal potential bearish trends in the near term.
  3. BlackRock to Launch Bitcoin ETP in Europe: BlackRock has filed for a Bitcoin exchange-traded product (ETP) in Switzerland, indicating a growing acceptance of Bitcoin investment vehicles in Europe. This move could set a precedent for more institutional adoption of Bitcoin and other cryptocurrencies.
  4. Bitcoin Longs Get Wiped Out: Bitcoin long positions have faced significant liquidations, indicating potential bearish market sentiment. This trend may signal the beginning of a major price correction for Bitcoin.
  5. Why Smart Investors Buy Bitcoin Over Real Estate: Bitcoin is viewed as a superior investment compared to real estate due to its portability, divisibility, and transparency. Additionally, Bitcoin's potential for high returns and inflation hedging appeals to smart investors looking for alternative assets.

🧑‍⚖️ Policy & Regulation

  1. Three More States Advance Bitcoin Reserve Legislation: Three U.S. states are advancing legislation to allow the use of Bitcoin as a reserve asset. This move reflects a growing trend among state governments to recognize and integrate cryptocurrencies into their financial systems.
  2. Trump's Crypto Czar Hosts Historic Bitcoin Press Conference: Bitcoin has garnered attention in the political sphere, particularly with the appointment of a crypto czar aiming to address regulatory frameworks surrounding digital assets. The focus is on creating a conducive environment for innovation while ensuring consumer protection and financial stability.
  3. States Lead in Building U.S. Bitcoin Reserves: Some U.S. states are moving forward with initiatives to create their own Bitcoin reserves, aiming to harness the digital asset's potential for financial stability and revenue generation. This development could lead to increased competition among states to establish themselves as leaders in Bitcoin adoption and regulation.
  4. David Sacks Prioritizes Stablecoin and Bitcoin Reserve: David Sacks is focusing on developing a stablecoin backed by Bitcoin, aiming to enhance its appeal as a digital currency. This initiative emphasizes the potential for Bitcoin to serve as a reserve asset in the stablecoin model.
  5. Trump Asks Sacks to Evaluate Bitcoin Reserve: Donald Trump has expressed interest in evaluating the idea of a Bitcoin reserve. This suggests a potential shift in perspective among political figures regarding Bitcoin's role in economic policy.

⚙️ Technology

  1. Bitcoin to Hit $500K by 2028: Bitcoin's price is projected to reach $500,000 by 2028, driven by increased accessibility through exchange-traded funds (ETFs) and a reduction in volatility. Analysts believe these factors will significantly enhance institutional and retail investor participation in the market.
  2. Bitcoin Hashrate Hits All-Time High: Bitcoin's hashrate has reached an all-time high, indicating increased mining activity and security within the network. This surge contradicts previous analyst expectations regarding potential declines in mining performance.
  3. Bitcoin Mining Profits Drop to 2015 Lows: Bitcoin mining profits have decreased significantly, reaching levels not seen since 2015. This decline is attributed to increased market volatility and changes in operational costs for miners.

🌈 Adoption

  1. Bringin Simplifies Bitcoin Spending in Europe: Bringing allows users to seamlessly spend their Bitcoin in Europe by converting it into local currency at the point of sale. The service aims to enhance Bitcoin's usability for everyday transactions, making it more accessible for consumers and merchants alike.
  2. BlackRock Launches Bitcoin Investment Product in Europe: BlackRock is set to launch a Bitcoin investment product in Europe. This move reflects growing institutional interest in cryptocurrency assets.
  3. Bitcoin ETFs Projected for $50B Inflows in 2025: Bitcoin exchange-traded funds (ETFs) in the U.S. are projected to attract up to $50 billion in inflows by 2025. This projection is based on growing institutional demand and interest in Bitcoin as an investment vehicle.

📅 Bitcoin Events Coming Up

Bitcoin Bay Meetup

🗓️ When: February 17, 2025
📍 Where: Rex's, 635 Bay Street, Toronto, ON M5G 1M7, Canada
The Bitcoin Bay meetup offers a platform to explore the latest trends, entrepreneurs, and startups in the blockchain industry, specifically focusing on Bitcoin. These meetups provide opportunities to network with like-minded individuals, attend informative speaker sessions, and connect with other blockchain enthusiasts.

Bitcoin Bay Meetup

🗓️ When: March 3, 2025
📍 Where: Rex's, 635 Bay Street, Toronto, ON M5G 1M7, Canada
The Bitcoin Bay meetup offers a platform to explore the latest trends, entrepreneurs, and startups in the blockchain industry, specifically focusing on Bitcoin. These meetups provide opportunities to network with like-minded individuals, attend informative speaker sessions, and connect with other blockchain enthusiasts.


🤔🤔 Wanna learn more? Check out the BLOCKTALK!