Bitcoin’s Global Macro Asset Status is Getting Stronger
According to the Glassnode report, Bitcoin has attracted $450 billion in additional capital since November 2022, increasing its realized market value to $850 billion. Bitcoin’s market value has reached $2 trillion, leaving silver and major technology companies behind, while it also has a strong usage area as a payment network with an average daily transaction volume of $8.7 billion. However, it is stated that new demand is lower compared to previous cycles and investor behavior has changed. Despite spot Bitcoin ETFs attracting $40 billion in net inflows, individual investor interest has not reached 2021 levels. With the increasing interest of institutional investors, Bitcoin’s volatility is decreasing, and a more balanced structure is emerging in the market.
Bitcoin-Gold Ratio at 12-Week Low
While physical gold deliveries to the US are accelerating, the Bitcoin-gold ratio fell to its lowest level since November 2024. Gold has risen 10% this year, reaching $2,877 per ounce, on safe-haven purchases and Chinese demand. It was reported that JPMorgan will deliver $4 billion worth of gold to New York this month. While concerns about the US-China trade war have increased interest in the precious metal, it is stated that Bitcoin ETF inflows are largely due to arbitrage transactions. The balancing of ETF inflows with futures sales makes it difficult for BTC to gain upward momentum.
MicroStrategy Renewed as “Strategy”
MicroStrategy, which changed its name to “Strategy,” reported a net loss of $670.8 million in the fourth quarter and reported that its annual revenue fell 3% to $120.7 million. The company bought 218,887 BTC in three months, bringing its total Bitcoin assets to 471,107 BTC and its market value to approximately $44 billion. The firm, which set new financial metrics, announced that it targeted a $10 billion “BTC $ Gain” for 2025. It also said its convertible preferred stock, called STRK, will list on Nasdaq and is targeting $563.4 million in revenue.
US Spot Bitcoin ETF Inflows Up 175% YOY
US-listed spot Bitcoin ETFs are up 175% YoY, with net inflows of $4.4 billion in the first three weeks of 2025. Total net inflows reached $40.6 billion, while BlackRock’s IBIT ETF alone saw inflows of $40.7 billion. Grayscale’s GBTC fund saw $21.9 billion in outflows, but CME data suggests that inflows were largely driven by long-term investor interest rather than speculative transactions.
US Senate Investigates Allegations of “Debanking” in Banking
The US Senate Banking Committee is holding a hearing to examine the exclusion of certain sectors from financial services. The denial of banking access to crypto companies in particular stands out as a factor restricting the sector’s innovation. While it is claimed that many businesses, including crypto companies, are being denied access to banking; Senator Tim Scott aims to introduce new regulations for fair financial access. Banks cite complex regulations.
Support for Crypto Companies from Elizabeth Warren
Senator Elizabeth Warren, known for her anti-crypto stance, criticized the refusal of large banks to provide services to crypto companies and stated that she is willing to work with Trump and Republicans to end this practice. Warren emphasized that financial access should not be blocked, and called for the re-enforcement of the shuttered Consumer Financial Protection Bureau (CFPB).
Tether to Launch New AI Platform Tether Data in March 2025
Tether CEO Paolo Ardoino announced that the company will launch its artificial intelligence platform Tether Data in March 2025. The platform, developed based on bare metal, will offer applications such as AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant, and will focus on data privacy and self-custody. While strengthening its AI investments with Northern Data, Tether is also focusing on areas such as energy, payments, and telecommunications. The company also froze $26.4 million in crypto assets against international criminal operations with the T3 Financial Crimes Unit.
BlackRock Prepares to Launch Bitcoin ETP in Europe
BlackRock plans to launch a Bitcoin exchange-traded product (ETP) based in Switzerland. The spot Bitcoin ETF IBIT, which launched in the US in January 2024, has amassed over $57 billion in assets and has become the country’s largest Bitcoin ETF. The company is expanding its crypto product portfolio by expanding into Europe following its ETF launch in Canada. US Bitcoin ETFs saw net inflows of $35 billion in 2024, with analysts expecting an additional $48 billion in 2025. The increasing institutional demand is expected to positively impact the price of Bitcoin.
Ondo Finance Brings US Securities to Onchain
Ondo Finance has launched its Ondo Global Markets platform, which provides onchain access to US securities such as stocks, bonds and ETFs. The new platform aims to solve issues such as high fees, access restrictions and transfer difficulties for investors. Ondo stated that each of the tokens will be backed by real assets at a 1:1 ratio. The platform aims to make the securities markets more transparent and accessible.
Bitcoin Miners Struggle with Rising Difficulty
In January, Bitcoin miners experienced a drop in production as network difficulty reached record levels. While Hut 8, Mara, and Bitfarms saw production decrease, Riot Platforms managed to increase Bitcoin production by 2.1% by commissioning its new Texas facility. Bitcoin network difficulty hovered around 110 trillion in January, and miners continue to strengthen their infrastructure to stay competitive. However, by the end of the month, the mining difficulty dropped to 108 trillion, indicating that the hashrate could fall.
Blocksquare Unveils New Real Estate Tokenization Framework with EU Compliance
Blocksquare has launched a new real estate tokenization framework in Luxembourg that complies with the EU’s MiCA regulations. The platform offers property owners the opportunity to tokenize the economic rights associated with real estate and integrates with land registry records through notarized agreements. In this way, investors will be able to directly own legal rights instead of digital assets. The legal clarity provided by MiCA accelerates tokenization processes, while the sector is predicted to reach $30 trillion by 2030.
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BITCOIN (BTC)
BTC is priced at $97,700 as of this morning, gaining 1.12%. The price is currently trading at $97,712.17, with the nearest support at 96,060.85 and the strong resistance at 102,451.99. The price tested the 102,000 – 104,000 range marked by the orange area before, but pulled back due to selling pressure in that area. Higher up, the 108,000 – 110,000 range marked by the red area stands out as a strong supply area. In the downward movements, if the 96,060.85 support is broken, the price can be expected to decline towards the next critical support level of 91,370.06.
ETHEREUM (ETH)
ETH is priced at $2,830 with a 1.48% gain as of the morning hours. The price is currently trading at 2,827.01 and is showing an upward movement after the recent recovery. The 3,220.55 level stands out as a significant resistance level, and if this level is broken, the price can be expected to move towards the red supply zone (3,600) above. Further down, the 3,000 level is watched as intermediate resistance. On the downside, there is a possibility that the price may pull back towards the critical support levels of 2,461.59, 2,338.99 and at the bottom 2,168.07.
RIPPLE (XRP)
XRP is priced at $2.4341 with a 2.28% gain as of the morning hours. The price is currently trading at 2.4924, and it is seen that it is trying to recover from the previous decline. Above, the orange area between 2.7220 – 2.8716 represents a strong resistance area. If this area is exceeded, the price’s next target will be 3.2000. In downward movements, the 2.3000 – 2.4000 range marked in blue stands out as the support area. Below this zone, 2.0000 – 2.1000 levels can be observed as a stronger support.
AVALANCHE (AVAX)
AVAX is traded at $26.25 with a 1.63% increase in value as of the morning hours. The price is currently trading at 26.25, and it appears to be entering a horizontal consolidation period after the previous sharp decline. While the 32.95 and 35.63 levels above stand out as critical resistance points, the 42.06 level above represents a strong supply zone. Breaking these levels could increase the price’s upward momentum. In downward movements, the 21.88 level stands out as a strong support and selling pressure can be expected to increase below this level.
SOLANA (SOL)
SOL is priced at $201.10 with a 2.77% loss in value as of the morning hours. The price is currently trading at 201.67, with the 201.83 level marked in orange standing out as a significant support area. If selling pressure increases below this level, the price may be expected to move lower. In downward movements, the next support is located near the 190 level. In upward movements, the 210-220 range marked in blue is a strong resistance area. If this zone is breached, the price is likely to move towards the 229.30 and then 245.52 resistance levels.
