News on Bitcoin Week 7 of 2025

Weekly crypto update on all things Bitcoin to keep you updated

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TL;DR

  • BTC is up

  • Bitcoin dominance is down

  • Goldman Sachs Boosts Bitcoin ETF Holdings

  • Strategy Expands Bitcoin Holdings with $742M Purchase

  • Tesla’s Bitcoin Gains Highlight Collateral Potential

  • 2.5M Bitcoin on Exchanges Sparks Supply Shock Concerns

  • University of Austin Launches $5 Million Bitcoin Fund

  • Abu Dhabi Fund Buys $437M of BlackRock’s Bitcoin ETF

  • Hive Digital Reports $29.2M Q3 Revenue

  • Solo Miner Wins $300K Bitcoin Block Reward

  • Riot Adds AI-Focused Director Amid Mining Shift

And much more!

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Bitcoin Price

Crypto is up this week, with BTC up by 0.9 % and ETH up by 3.5%:

Bitcoin dominance has decreased over the week, starting from 58.9% to a low of 57.3% and ending at 57.5%. Investor sentiment, regulatory changes, technological advancements, and the overall growth of the cryptocurrency sector shape Bitcoin's market dominance. Its reputation as "digital gold" also enhances its position, making it a key player in the market.

It’s going to be interesting to see whether this trend will continue in the short term, as capital in crypto tends to flow initially to BTC and then further out on the risk-curve, starting with altcoins like ETH and then into mid- or low-cap coins.

Bitcoin exhibited resilience despite market pressures, trading within the $95,000 to $98,000 range over the past week. The price briefly tested $98,000 before retracing, highlighting strong resistance at this level. A sustained move above $98,000 could open the door for a push toward $105,000, while a breakdown below $95,000 may trigger further downside.

Bitcoin spot ETFs saw net outflows of $651 million since February 10, raising concerns about continued institutional demand. If this trend persists, ETFs could shrink by $1.65 billion in the coming week. Despite these withdrawals, Bitcoin has held firm, suggesting that some investors may be shifting to direct holdings or hedging positions via futures.

Retail investors have been selectively accumulating, with wallets holding between 0.1 and 1 BTC adding $80 million worth of Bitcoin over ten days. However, smaller addresses (<0.1 BTC) have been net sellers since January 31, and Google search interest in Bitcoin remains muted.

Source: Google

The release of U.S. inflation data showed a 3% year-over-year increase in the Consumer Price Index (CPI), leading to a 1.8% drop in Bitcoin's price as investors recalibrated interest rate expectations. Risk-off sentiment extended to equities, with the S&P 500 erasing gains from the prior eight sessions.

The U.S. dollar index (DXY) climbed to 108.40, and the 10-year Treasury yield increased to 4.65%, reflecting a flight to safety. Meanwhile, weak U.S. retail sales (-0.9% in January) signal potential economic deceleration, which could fuel renewed Bitcoin interest as a hedge against macroeconomic instability.

Despite ETF outflows, corporate accumulation continued. MicroStrategy, Metaplanet, and KULR Technology added to their Bitcoin reserves, while Italy’s Intesa Sanpaolo became the latest traditional financial institution to allocate to Bitcoin. This suggests that long-term institutional conviction remains intact, even as some short-term profit-taking occurs.

Bitcoin’s mining sector faced pressure, with the Bitcoin Hashrate Index declining amid falling transaction fees and rising energy costs. With the upcoming halving reducing block rewards, the network's reliance on transaction fees will increase.

While some miners may capitulate due to profitability concerns, historical data suggests Bitcoin’s hashrate adjusts over time, maintaining long-term network security.

Source: Hashrateindex

Bitcoin’s resilience amid ETF outflows and inflation-driven market turbulence highlights its evolving role as both a risk asset and a macroeconomic hedge. While short-term price action remains volatile, strong corporate and institutional accumulation, coupled with potential economic slowdowns, could support Bitcoin’s long-term bullish trajectory.

Bitcoin (BTCUSD) Analysis:

As of February 14, 2025, Bitcoin (BTC) is trading at $96,827. In the short term, BTC is in a horizontal trend, with support at $94,000 and resistance at $101,800, signaling investor uncertainty. A breakout in either direction could determine the next move. The medium-term trend remains positive, with BTC holding support at $92,000 and resistance at $105,000. The long-term outlook is strongly bullish, with no clear resistance ahead and key support at $72,000, suggesting further upside potential.

Expected Trading Ranges:
  • Bitcoin (BTC): Support at $94,000; Resistance at $101,800.

Market Outlook:

Bitcoin faces near-term pressure after $651M in ETF outflows and a CPI-driven sell-off, testing key $95,000 support. Weak macroeconomic data and miner profitability concerns add downside risks, but institutional interest and retail accumulation provide a counterbalance. A breakout above $105,000 remains possible if capital shifts from equities, though short-term volatility is expected.

BTC/ETH ratio has seen a decrease:

Over the last six days, the BTC to ETH exchange rate has shown a net decrease, dropping from 36.77 ETH on Feb 11 to 35.89 ETH on Feb 15. Despite daily fluctuations, including a 0.86% increase on Feb 13 and a 0.36% rise on Feb 15, the overall trend has been downward, with the most significant drop of -2.66% on Feb 12. This suggests that Ethereum has outperformed Bitcoin over the past week, leading to a lower BTC/ETH ratio.

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Financial News

Goldman Sachs has expanded its Bitcoin ETF investments to over $1.5 billion, with an additional $760 million in Bitcoin ETF options. Its largest holdings include BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Trust (FBTC), reflecting a strategic shift toward major ETFs. The firm also exited smaller ETF positions.

Despite CEO David Solomon’s cautious stance, Goldman’s Bitcoin exposure highlights rising institutional adoption. With Bitcoin ETFs surpassing $114 billion in market cap, Wall Street's involvement in crypto is deepening, signaling a broader acceptance of digital assets among major financial institutions.

Bitcoin briefly fell to $94,000 before rebounding above $97,000 after Donald Trump announced new 25% tariffs on steel and aluminum. The broader crypto market initially dipped but has since recovered, with Ethereum and total market capitalization regaining lost ground.

The Crypto Fear & Greed Index remains in fear territory, reflecting cautious sentiment. Previous tariffs on Canada, Mexico, and China triggered market volatility, with liquidations estimated at up to $10 billion. While tariffs on Canada and Mexico are currently paused, Trump has not ruled out reinstating them, keeping market uncertainty high.

Strategy (formerly MicroStrategy) acquired 7,633 BTC for $742.4 million at an average price of $97,255 per BTC, increasing its total holdings to 478,740 BTC, worth over $46 billion. The purchase was funded through a $742 million stock sale.

Despite a $670.8 million Q4 net loss and $1 billion in impairment losses, the company benefits from new fair-value accounting rules, adding $12.75 billion to retained earnings. Strategy’s $82.3 billion market cap trades at a premium to its BTC net asset value. Shares rose 0.7% Friday and gained 518% over the past year, with pre-market trading up 1.9% Monday.

Tesla reported a $600M Q4 Bitcoin gain due to new accounting rules allowing companies to record crypto at market value. Despite selling most of its BTC, Tesla still holds 11,509 BTC worth $1.1B. The updated FASB rules, effective December 2024, enable corporations to leverage Bitcoin for liquidity without selling, improving its utility as collateral.

Experts note companies can now borrow against BTC to access capital while retaining exposure to its appreciation. With Bitcoin ETFs gaining traction, institutional adoption as a treasury asset is strengthening, further legitimizing BTC in corporate finance.

Bloomberg launched two new indices, BBIG and BBUG, combining Bitcoin and gold to offer diversified exposure. These indices balance Bitcoin’s volatility with gold’s stability, appealing to traditional investors seeking digital asset inclusion. Analysts note Bitcoin often follows gold’s price trends, making this a strategic pairing.

With institutional interest in Bitcoin rising and over $220 billion invested in digital asset ETFs in 2024, Bloomberg’s move signals growing acceptance of crypto in mainstream finance. Jigna Gibb of Bloomberg hinted at future indices blending commodities and digital assets to meet investor demand for tailored investment strategies.

Adoption News

Bitcoin exchange reserves have dropped to 2.5 million BTC, their lowest level since 2022, signaling a potential supply shock as institutional demand from ETFs continues to rise. Bitcoin remains resilient above $95,000 despite global trade tensions, with analysts citing strong institutional interest and seller exhaustion.

However, stagnating spot ETF inflows pose a challenge, as $186 million in net outflows were recorded on Feb. 10. A drop below $95,000 could trigger over $1.52 billion in liquidations. Despite short-term risks, Bitcoin’s 2025 outlook remains bullish, with price projections ranging from $160,000 to $180,000.

JP Morgan’s report suggests Tether may need to sell Bitcoin and other reserves to comply with proposed U.S. stablecoin regulations. The rules would require issuers to hold compliant assets like Treasury bills, increasing transparency and audits.

Tether, recently relocated to El Salvador, argues it has over $20 billion in liquid assets and $1.2 billion in quarterly profits. CEO Paolo Ardoino dismissed JP Morgan’s claims, calling them "salty." The legislation remains uncertain, and Tether asserts it can adapt if necessary. USDT remains the largest stablecoin, with a $32.8 billion daily trading volume.

The University of Austin has allocated $5 million of its $200 million endowment to Bitcoin, making it the first U.S. university to invest directly in the asset. Partnering with Unchained, the university will hold Bitcoin for at least five years, citing long-term value. This move follows investments by Emory and Stanford, as institutional interest grows.

Meanwhile, state governments and foundations are also exploring Bitcoin as a reserve asset. However, some experts remain skeptical, citing volatility and regulatory uncertainty. While Bitcoin adoption expands, investors await clearer guidance from regulators before mainstream institutional acceptance.

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, acquired $436.9 million worth of BlackRock’s spot Bitcoin ETF (IBIT) in Q4 2024, according to a recent filing. The investment coincided with BlackRock obtaining a commercial license in Abu Dhabi. BlackRock’s ETF, the largest by assets under management, holds nearly $56 billion.

This marks a significant crypto-related investment by Abu Dhabi, which previously invested in Bitcoin mining. The move underscores growing institutional interest in Bitcoin, with potential long-term market implications as sovereign wealth funds increasingly allocate capital to digital assets.

Japanese gaming giant Gumi has acquired 1 billion yen ($6.6 million) worth of Bitcoin as part of its Web3 expansion. The firm plans to generate additional revenue through Babylon’s BTC staking protocol and aims to be Japan’s first listed company to act as a validator for Babylon.

Gumi also invests in blockchain projects via its venture arm, Gumi Cryptos Capital. The move aligns with a broader trend of public firms acquiring Bitcoin, following Metaplanet, Semlar Scientific, and Michael Saylor’s Strategy, which recently added 7,633 BTC to its holdings.

Mining News

Hive Digital posted $29.2 million in Q3 revenue, driven by Bitcoin mining and high-performance computing (HPC) growth. The firm mined 322 BTC, increasing its Bitcoin holdings to 2,805 BTC, valued at $260.8 million. Total cash and crypto holdings reached $270.7 million.

Hive acquired a 200-megawatt Paraguay facility for $85 million and plans a U.S. relocation. AI-driven revenue diversification is a key strategy, with repurposed Nvidia GPUs generating more income than crypto mining. With Bitcoin miners boosting reserves, Hive remains among the top 15 corporate BTC holders, anticipating further price gains and industry expansion.

A solo Bitcoin miner successfully mined block 883,181, earning a 3.125 BTC reward worth over $300,000. The miner, using CKPOOL or a Bitaxe setup, validated 3,071 transactions. Bitcoin’s hashrate stands at 788.86M, reflecting a 53% year-over-year increase, making solo mining increasingly difficult. Large firms like Riot Blockchain and Marathon Digital dominate mining, but occasional solo successes persist.

Meanwhile, Bitcoin rebounded above $98,000 after a brief dip following President Trump’s tariff announcement. Despite this recovery, Bitcoin remains below its January peak of $109,000, reached ahead of Trump’s inauguration.

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