Archive February 2025

The cryptocurrency market is once again heating up, with Bitcoin surpassing $97,000 after a brief correction below $95,000. This new rally, far from being trivial, occurs as institutional and retail data indicate a weakening in demand. While this asset appears to move independently of the fundamentals specific to cryptocurrencies, it is actually being caught up in an uncertain macroeconomic context. As trade tensions between the United States and China fuel market nervousness, Bitcoin continues to attract attention. Investment flows, sentiment indicators, and the structure of derivative products indicate a growing caution.

The foreign exchange market is abuzz. While the American Federal Reserve maintains a cautious stance on interest rates, the dollar is sinking against major currencies. In a context of economic uncertainty, between rising inflation and trade tensions exacerbated by Donald Trump, investors and analysts are closely monitoring every statement from the Fed chair, Jerome Powell. His testimony before the Senate confirmed that the monetary institution would not hasten interest rate cuts, despite market expectations. Meanwhile, the announcement of new protectionist measures by the U.S. executive fuels fears of a tightening global economic climate.

On February 11, 2025, Elon Musk proposed a buyout offer of $97.4 billion to acquire OpenAI, the company behind ChatGPT. This initiative aimed to restore OpenAI to its original status as a non-profit research laboratory. However, Sam Altman, CEO of OpenAI, quickly declined this proposal while harshly criticizing Elon Musk in the process.

James Howells, a 39-year-old British IT technician, continues his relentless fight to recover a hard drive containing 8,000 bitcoins, now valued at over 750 million dollars. Faced with the imminent closure of the landfill where his digital treasure lies, he is now considering a radical solution: purchasing the entire site from the municipality of Newport.

Bitcoin reserves on exchanges have reached a historically low level, with only 2.5 million BTC available, according to recent data. This significant decrease suggests a possible "shortage" in supply, as institutional demand, particularly through exchange-traded funds (ETFs), continues to grow. A situation that could soon send BTC soaring to new heights!

Solana wobbles, stumbles, falls below $200. Its volumes evaporate (-28%), its future oscillates between shipwreck and ETF miracle. The crypto market holds its breath.

The crypto market wavers under the weight of cautious statements from Jerome Powell, chairman of the Federal Reserve. While investors were hoping for encouraging signals, Powell reaffirmed a strict stance on interest rates, plunging Bitcoin and altcoins into a bearish spiral. A wave of liquidations follows, revealing increased nervousness in the face of macroeconomic uncertainties.

Legal battles between the SEC and crypto platforms have become commonplace, but a 60-day pause in the Binance case surprises observers. In a climate of rising tension around crypto regulation, this joint decision marks a strategic shift. At the origin of this development is the establishment of a Crypto Task Force within the SEC, an initiative that could reshape the authorities' approach to the industry. This moratorium presents two scenarios: a tightening of the rules or a willingness for more structured compromise with market participants.