What Bitcoin Price History Predicts for February 2025

As the Bitcoin market steps into 2025, investors are keenly analyzing seasonal trends and historical data to predict what February might hold. With Bitcoin’s cyclical nature often tied to its halving events, historical insights provide a valuable roadmap for navigating future performance. By examining historical data—including Bitcoin’s average monthly returns and its post-halving February performance—we aim to provide a clear picture of what February 2025 might look like.

Historical average monthly performance of Bitcoin. Monthly data set is from December 2010 to latest monthly close. Source: Bitcoin… Read more on BitcoinMagazine

Risky business? Transparency in BTC-backed derivatives

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

The rise of “Bitcoin DeFi” on new networks looking to scale Bitcoin has primarily come through bitcoin-backed derivatives like SolvBTC.BBN and LBTC. These derivatives receive staking rewards from Babylon, offering new avenues for liquidity and yield generation. However, concerns about the transparency of these platforms, particularly regarding the management of bitcoin reserves, have sparked debate within the Bitcoin community.

A recent article by the co-founder of Nubit, known online as Hans, raised alarms about the potential for unbacked reserves and the inflation of total value locked…

Read more on Blockworks

Coinbase's Bitcoin Loans Are Not What They Seem

Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.)

These loans are not backed by Bitcoin, nor are they even on the Bitcoin blockchain.

It’s disappointing that, in 2025, companies are still willingly omitting key details to mislead Bitcoin holders into giving up custody of their coins.

Here’s the truth: these loans are collateralized by cbBTC, Coinbase’s Bitcoin-wrapped product designed to compete with wBTC and tBTC. This is not Bitcoin. In fact, cbBTC is arguably the…

Read more on BitcoinMagazine

What to look for in DePIN projects: Tribe Capital VC

This is a segment from the Empire newsletter. To read full editions, subscribe.

If I were to boil it down, I’d say there are three key reasons why Tribe Capital’s Evan Park is bullish on DePIN. The use cases, sustainability, and — of course — the revenue potential.

Tribe’s backed a few DePINs including Wynd Networks (the company behind Grass), flight tracking project Wingbits and Akash. 

When looking at DePIN projects, Park’s biggest question is whether or not the project is “solving a problem where real demand can be generated.”

Specifically, when Park is being pitched, he’s skeptical when a project shows him revenue figures that aren’t necessarily…

Read more on Blockworks

Solana validators slow to adopt Frankendancer for MEV reasons

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

The full version of Firedancer — a very-performant re-write of Solana’s validator software authored by Jump Crypto — may still be a ways away. But in the meantime, Solana validators still can use a limited version of the client named Frankendancer. 

Frankendancer was spawned by Jump taking the Agave client, which is descended from the original Solana Labs software, and replacing parts of it piecemeal to create a new client akin to Frankenstein’s monster. Frankendancer went to Solana mainnet in September during Solana’s Breakpoint conference — but since then, it’s seen limited…

Read more on Blockworks

Helium partners with DAWN to create ‘last-mile internet solution’

This is a segment from the Empire newsletter. To read full editions, subscribe.

Crypto is a creature of extremes. Look no further than the major narratives right now. 

AI agents and memecoins are almost completely virtual. DePIN, meanwhile, derives practically its entire value proposition from very physical networks of hardware. In the real world. 

So, you can’t fault Helium — the decentralized wireless carrier powered by Solana — for teaming up with DAWN to expand both their networks, together.

The pair have struck a partnership to allow Helium hotspot operators to serve DAWN broadband internet, and vice versa, to create “the world’s first fully…

Read more on Blockworks

US Bitcoin ETFs Daily Netflow Report (As of On January 16, 2025)

On January 16, 2025, the daily net flow report for U.S. Bitcoin ETFs showed a net outflow of 617 BTC against the backdrop of 450 new bitcoins being mined that day. This indicates that more bitcoins were sold than were introduced through mining, suggesting significant selling pressure or strategic portfolio adjustments among investors.

The individual ETF performances varied, highlighting differing investor sentiments across the funds. BlackRock’s Bitcoin ETF (Ticker: $IBIT) recorded a substantial net outflow, losing 2,274 BTC, which was a major contributor to the overall market’s direction. Conversely, ARK’s Bitcoin ETF (Ticker: $ARKB) exhibited strong positive momentum, gaining 1,384 BTC, pointing to robust investor confidence in this fund. Other notable movements included Bitwise’s Bitcoin ETF (Ticker: $BITB) with an inflow of 327 BTC and VanEck’s (Ticker: $HODL) and Franklin Templeton’s (Ticker: $EZBC) ETFs, which saw smaller gains of 56 BTC and 29 BTC, respectively.

On the downside, Invesco Galaxy’s Bitcoin ETF (Ticker: $BTCO) experienced a net outflow of 131 BTC, and Grayscale’s GBTC (Ticker: $GBTC) had a slight reduction of 8 BTC. These movements underscore a mixed market sentiment, with significant activity in both acquiring and offloading BTC across various funds. The overall net outflow, although less than the total new bitcoins mined, illustrates a dynamic interaction between ETF trading activities and the ongoing bitcoin mining, impacting the liquidity and market dynamics of bitcoin.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join