Wen Trump, MARA Bank, Miners Growing, More Bitcoin ETFs?


👀 TLDR 🪟

  • Bitcoin starts 2025 with a bang, soaring above $102,000 in the first week of the year, but then it got cold…

  • Public Bitcoin miners hit $50B market cap holding a record Bitcoin reserves with over 92k BTC (Dec24YE) and continue capitalizing on over 31% of the Bitcoin network hashrate that remains shy of 780 EH/s.

  • Hashprice consistent at ~$55/PH/Day, while difficulty and block time remain consistent in 2025.

  • A pro-Bitcoin U.S. administration is here! Trump’s inauguration in 2 weeks could unveil a Strategic Bitcoin Reserve.

  • MARA lends 7,377 BTC; Riot up 3%, holds 17,722 BTC; Core Scientific trims BTC holdings; CleanSpark hits 9,952 BTC; MicroStrategy adds 1,070 BTC; Phoenix boosts mining power; Hut 8 gets approval for $2.5B data center; UAE’s Damac to invest billions in US data centers; Metaplanet targets 10,000 BTC by 2025.

  • First in the Market: Calamos introduces the first Bitcoin ETF with 100% protection ; Solo Satoshi unveils the first touchscreen Bitcoin miner.

  • El Salvador adds 11 BTC; Bhutan to adopt BTC, ETH, BNB; Portugal’s BiG blocks fiat-crypto transfers; Czech National Bank eyeing Bitcoin reserves; Oklahoma pushes for Bitcoin payments

  • Can the growing global adoption of Bitcoin lead to more institutional investment this year?

Share


✨ Hash & Cash Index 🚀

For this week’s Hash & Cash Index, BTC price surges to $94,992 a slight 1.59% decrease from last week. Market cap stays as above the $1T, settling at $ 1.754B (-1.79% WoW). Hashprice sit at $55.01 USD/PH/day, a 1.66 % decrease. The global hashrate slightly decreases by 5.36% to reach 779.74 EH/s. The current epoch’s difficulty is locked at 109.78 T. We’re at block 1677 of 2016 for this epoch. Block rewards increases by 0.31%, settling at an average of 3.17 BTC per block. Fees in blocks risen to 1.42% showing an increase of 13.6%. The average block time has increase to 10 minutes. Source: Hashrate Index, Mempool, ONMINE.


🪄 Pool Power Tools 🎱

This week’s Pool reward index settles to 98.71%, an increase from last week 2.05% with 19 active pools chipping away 995 blocks. The total miner reward over the last 144 blocks contracted to 456.15 BTC up 0.12% from last week , the dollar valuation of this rewards significantly dip to $43.20++ (-1.70% WoW). Average block fees are equal to 0.0427BTC/block up 9.49% Wow and estimated to be $4,045 per block. Transaction fee per Network transaction equate to 1.36k sats per transaction, costing around $1.29 per transaction on the Bitcoin network over the last 144 block. Source: Mempool, ONMINE.

In this week’s 1008 block mining pool race, Foundry USA remains at the forefront, with a total reported hashrate of 289.52 EH/S, clinching 367 blocks. ANTPOOL continues to challenge, harvesting 179 blocks with 139.40 EH/S. F2Pool and ViaBTC are neck and neck in the hashrate hustle, grabbing 109 and 132 blocks, respectively. Luxor drops to number 11, with a hashrate of 10.12 EH/S and manages to secure 13 blocks over the last week. Source: Mempool, ONMINE.

⛔ Bitcoin L2 Stacks faced a 5-hour outage on Jan. 6, halting transactions due to a block production delay linked to a signer.

The Stacks network stopped producing transaction blocks at 7:15 UTC on Jan. 6, causing a halt in transaction processing as no new blocks were created.


🧰 Hard-Ware & Hosting Index ⚙

💼 MARA has lent 7,377 BTC to third parties. Is this a new age of BTC Miner becoming banks?

🚀 Riot’s stock rose 3% after mining 516 Bitcoin in December and holding 17,722 BTC by year-end.

🔗 Core Scientific sold 27% of December’s Bitcoin, hinting at a partial hodl strategy.

Phoenix boosts its mining power with 50 MW in North Dakota, adding 2.7 EH/s to its hashrate.

💎 CleanSpark’s Bitcoin holdings grew to 9,952 BTC with a 287.9% increase in hashrate.

🛠️ Solo Satoshi debuts Bitaxe Touch, a 1.6 TH/s home Bitcoin miner with a network stats touchscreen.

💥Public Bitcoin miners phase out older S19 models as hashprice stays flat.

📈 MARA plans a 60% increase in authorized shares.

🌏 Canaan secures a U.S. deal for its Avalon A15XP miners.

💥Hut 8 secures approval for a $2.5 billion AI data center in Louisiana.

🔥 Canaan debuts Avalon Mini 3, a 37.5 TH/s Bitcoin miner and home heater.

🇮🇹 Alps Blockchain teams up with Simple Mining for a 70 MW Iowa site and 10,000+ Antminers.

💡31.6% of global Bitcoin production is controlled by 19 publicly traded mining companies, including major players like Argo Blockchain, Bitfarms, Hut 8, and Riot Platforms.

🚀 Public Bitcoin miners achieved a record $50 billion market cap as companies adopted treasury strategies, increasing BTC holdings and diversifying into AI and HPC for revenue stability. Major players like Hut 8 and Hive Digital leveraged these approaches to hedge risks and boost income.

ETFs such as IBIT and GBTC dominate Bitcoin ownership, with companies like MicroStrategy following closely. Miners, including MARA and RIOT, hold smaller amounts.

BTBT leads in AI/HPC revenue contribution at nearly 40%, while CORZ generates the highest total revenue. Other companies like HUT and HIVE are steadily increasing their reliance on AI/HPC for growth, signaling the industry’s evolving priorities

💰 19 public miners hold a record 92k+ BTC in reserves as of December 2024.

🎄 Bitcoin miners were busy making moves and cranking out the crypto. Check out how Marathon Digital, Cango, Hut 8, Hive, Bitfarms, Bitdeer, TeraWulf and Digihost leveled up with some key updates!

🌟 If you are interested in hosting or purchasing ASICs please use this link to see how much more BTC you can mine and less USD to spend. Fill out this survey so we can beat the halving together or email [email protected].

🔆 Join more than 1,000 miners and upgrade your Bitcoin Mining Game here:

GET ONMINE


🏦 Bitcoin Products 🔍

🚀 Metaplanet aims to grow its Bitcoin stash to 10,000 BTC by 2025.

📈 Strive Asset Management files for a Bitcoin Bond ETF.

🏛️ Oklahoma Senator pushes for Bitcoin salaries and payments.

🇸🇻 El Salvador adds 11 Bitcoin, worth over $1M, to its strategic reserve!

🇧🇹 Bhutan’s Gelephu Mindfulness City to adopt BTC, ETH, and BNB in its strategic reserves.

🇵🇹 Portugal’s BiG bank blocks fiat transfers to crypto platforms.

🇨🇿 Czech National Bank governor Aleš Michl is considering buying Bitcoin for the country’s reserves.

🚔 Thailand police bust power theft, seizing 996 Bitcoin miners.

🇨🇦 Beaver County Bitcoin mining permit upheld with a 5-year limit despite noise concerns.

The Bitcoin Treasury Index for this week steady reflecting a stable grip on holdings, with 75 companies increasing their trove to precisely 2,879,721.64 BTC. Government also join the bitcoin standard with 7 countries holding 529,039.76 BTC. The value locked in these treasuries for Companies and Government tells a different story swelling to a robust $266.40B and $48.94B, respectively. A total of 13.713% all Bitcoins are held in corporate treasuries, while government holds 2.519 % of all Bitcoins, reinforcing the sentiment of a consolidating market among institutional & Government participants. Source: NewHedge, ONMINE.

⚖️ Judge blocks man’s bid to recover £598m Bitcoin hard drive from a landfill.

💰 MicroStrategy acquired 1,070 BTC, bringing its total to 447,470 BTC.

💬 Billionaire Mark Cuban prefers Bitcoin to gold: “It has more value.”

⚖️ Gemini pays $5 million to settle CFTC Bitcoin futures case.

💰 Securitize earns 20.71% returns using BUIDL in Bitcoin trade with QCP.

💡 JAN3 raises $5 million to boost development of their Bitcoin-focused superapp, AQUA.

🛡️Calamos to launch the world’s first 100% downside-protected Bitcoin ETF

“Calamos is targeting a specific group of investors—those who want exposure to Bitcoin’s growth but also value downside protection,” said Kaufman. His team envisions CBOJ being held alongside pure-play Bitcoin ETFs, creating a diversified investment strategy.

💼 KULR grew its Bitcoin Treasury to $42M, adding $21M at an average of $98,393 per BTC.

💥 BlackRock’s IBIT bought 5,830 Bitcoin worth $596.1M on Jan. 7.

🇺🇸 President-elect Trump revealed that Damac will invest $20 billion in US data center.

💡Bitfinex Derivatives is moving to El Salvador after securing a local crypto license.

⚖️ Texas court orders Bitcoin investor Ahlgren to surrender crypto keys in tax fraud case.

Frank Richard Ahlgren III and any associates have been ordered to surrender all physical devices, keys or access codes to his cryptocurrency. Source: PACER

📈 Nasdaq aims to raise IBIT options limit to 250,000 contracts, boosting risk to 2.89%.

👨‍💼 Newmark CEO unveils a new term loan product for real estate investors, where Bitcoin is included as collateral to lower risk, calling it “bitcoin in” rather than “cash out.”

🌍 Fidelity Digital Assets’ Matt Hogan expects more nations, central banks, and treasuries to pursue strategic Bitcoin positions.


🎬 End Notes 🎤

🎉Bitcoin’s 2025 is off to a hot start! It surged above $102,400 on Monday, hovering around $101,750 by 2 pm ET — up nearly 9% from last week.

Bitcoin’s January returns over the first five days shifting from strong gains in 2018, such as +10.07% on January 1, to mixed performances between 2019 and 2024, before stabilizing with consistent positive growth in 2025, starting at +2.4%.

📊 U.S. spot Bitcoin ETFs saw nearly $1.9 billion in net inflows on Jan. 3 and Jan. 6.

On Jan. 6, Bitcoin ETFs attracted $978.6 million in inflows, led by the Fidelity Wise Origin Bitcoin Fund at $370.2 million. BlackRock’s iShares Bitcoin ETF and the ARK 21Shares Bitcoin ETF followed with $209 million and $153 million, respectively. Bitwise, Grayscale’s GBTC and BTC ETFs, VanEck, and Franklin ETFs also saw inflows, while Invesco, Valkyrie, and WisdomTree recorded no inflows.

📉 As Bitcoin dropped to around $92,000 on Jan. 8, investors withdrew an impressive $569.1M from US spot ETFs, marking the second-highest outflow ever!

🇺🇸 The US DOJ is set to auction $6.5B in Bitcoin from the Silk Road stash! With 198K BTC worth $18.5B in its wallet, rumors swirl that Biden’s team might sell it all before Trump returns!

US government Bitcoin holdings history. Source: Arkham Intelligence

🔥Bitcoin’s DeFi saw explosive growth, with total value locked reaching $7 billion, fueled by innovations like SatLayer’s Bitcoin Validated Services (BVS). Staking protocols alone amassed $5.8 billion in TVL, bolstering Bitcoin’s presence in DeFi. Projections indicate BTCFi could reach $1.2 trillion by 2030.

📉 Bitcoin’s sell-side liquidity is shrinking rapidly, signaling bullish momentum amid tightening supply, according to Bitfinex analysts.

💰 With 60 billionaires holding #Bitcoin and $1.35 TRILLION flowing in, where is BTC going next and what is our next price target?

🏦 The FDIC issued 25 letters to banks, instructing them to stop developing Bitcoin banking products such as trading and custody, Bitcoin-backed loans, Bitcoin cash-back rewards, and Bitcoin-linked payment cards.

📈 10x Research’s Markus Thielen forecasts a strong Bitcoin start in January, followed by a pullback before a rally into Trump’s inauguration, with momentum possibly slowing before the January 29 FOMC meeting.

⚔️ US vs Canada: The Bitcoin ETF Battle in 2024! The US is the big winner, dominating the market with massive inflows, while Canada takes a hit as the biggest loser. Once the first to launch a spot Bitcoin ETF in 2021, Canada saw $707 million in outflows as investors flocked to US products with better liquidity and support. After the SEC approved US Bitcoin ETFs in January 2024, the US claimed the top spot, leaving Canada struggling to keep up.

🤩 Bitcoin (BTC) soared by 110% in 2024, crossing the $100,000 milestone . Looking ahead to 2025, predictions range from $96,532 to $177,384, with an average forecast of $148,248 . This could mean a potential 84.96% return on investment. Will Bitcoin continue its rise? The excitement is building!

Disclaimer: The Bitcoin price predictions presented in this image are based on publicly available data and market trends as of 2025. These forecasts are speculative and subject to high volatility and uncertainty inherent in cryptocurrency markets. They do not constitute financial advice or a guarantee of future performance. Readers are advised to conduct their own research and consult with a financial advisor before making any investment decisions. Neither Bitcoin Paperboy nor its affiliates shall be held liable for any investment losses incurred.

Share


🤑 Top Tea 🫖

  • Bitcoin rockets past $102,000 to kick off a bullish new year – Yahoo Finance

  • Trump Wants All Future Bitcoin Mined in US—Is That Even Possible? – Decrypt

  • Bitcoin ‘debasement trade’ is here to stay: JPMorgan –Cointelegraph

  • The Truth About the Russia Bitcoin Mining Ban – The Mining Pod

  • Exodus Rings NYSE Opening Bell, Celebrating a New Era for Crypto – Globe News Wire

  • Trump admin may ease crypto-banking ties, but caution remains: TD Cowen – The Block

  • US Bitcoin miners stockpile BTC as resource battles heat up – Crypto News

  • BTC price loses 4% on US JOLTS data as Bitcoin trader warns of $92K dip- Cointelegraph

  • Bitcoin miners to soar in 2025 amid AI hosting and BTC yield strategies – Clear Street –Cryptoslate

  • Michael Saylor and Eric Trump’s Meeting at Mar-a-Lago Has Mixed Impacts on MSTR and BTC Prices – MSN

  • Circle contributes 1M USDC to Trump’s Inauguration Committee – Cointelegraph

  • Why holding Bitcoin may be the trade of the century – Yahoo Finance

  • Global crypto investment products hit record $44 billion net inflows in 2024: CoinShares – The Block

  • Beezy’s analysis of Bitdeer’s ASIC business line – Bezzy

  • The Golden Opportunity for American AI – Microsoft

  • Microsoft to invest $3B in AI, cloud expansion, training in India – Cointelegraph

  • UK order clarifies crypto staking is not a collective investment scheme –Cointelegraph

  • A $17B data center campus called ‘Project Sail’ proposed south of Atlanta- AJC

  • Mantra and Damac sign $1B deal to tokenize Middle Eastern assets – Cointelegraph

  • Pennsylvania asks FERC to lower PJM capacity price cap to prevent ‘runaway’ costs- Utility Dive

  • Bitcoin Adoption by Countries Will Drive Crypto’s Growth: Research – IHODL

  • 0G Foundation raises $30M selling AI nodes – Cointelegraph

  • DeFi to Lead Institutional Adoption in 2025 – Blockhead

  • Bitcoin downward pressure ‘abated’ as sell-side markets shrink – Cointelegraph

  • Bitcoin advocate Pierre Poilievre leads as Canada’s next PM on Polymarket but lags on Kalshi – Cryptoslate

  • Trump says he will revoke Biden offshore drilling ban immediately – The Reuters

  • Bitcoin hourly RSI falls to most ‘oversold’ since $60K BTC price –Cointelegraph

  • Michael Saylor Proposes Burning Bitcoin Holdings to Boost Scarcity – CoinmarketCap

  • IMF urges Kenya to align crypto laws with global standards –Cointelegraph

  • Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan – Coindesk

  • Canadian man says kidnappers wanted to torture him for his Bitcoin: Report – Cointelegraph

  • Trudeau’s Departure in Canada Opens Possibilities for Crypto – Coindesk

  • The Daily: Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more – The Block

  • China Bets Big On Blockchain: New National Data Infrastructure Aims To Fuel Digital Economy – 99Bitcoins



💉 Dopamine Hit 🕺🏻

Thanks for reading Bitcoin Paperboy’s weekly exclusive release! Subscribe for free to receive the best insight and support the journey of the Bitcoin Paperboy.

Share

Share the Post:

Related Posts

NYSE-Parent ICE to Explore Stablecoins, Tokenized Funds for Financial Services With Circle

Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle’s stablecoin and tokenized asset to develop new products, joining a roster of U.S. traditional financial giants pushing into crypto under the Trump administration.
According to an agreement announced on Thursday, the two firms will look at how Circle’s USDC stablecoin and USYC tokenized money market fund could be integrated into derivatives exchanges, clearinghouses and other services.

STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Sign me up

By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

“We believe Circle’s regulated stablecoins and tokenized digital currencies can play a larger role in capital markets as digital currencies become more trusted by market participants as an acceptable equivalent to the U.S. dollar,” said Lynn Martin, president of the New York Stock Exchange said in a statement. “We are excited to explore the potential use cases for USDC and USYC across ICE’s markets.”

USDC is the second-largest stablecoin, trailing Tether’s USDT. It has a $60 billion market capitalization and is fully backed by U.S. government securities and cash-equivalent assets. USYC is a money market fund token issued by Hashnote, which was acquired by Circle earlier this year.
ICE is the latest example of U.S. financial behemoths delving into applying digital assets, stablecoins and tokenization as regulatory headwinds over the crypto industry subside under the Trump administration.
In the past few days, asset manager Fidelity Investments filed to launch a tokenized money market fund and is reportedly working on issuing a stablecoin, while derivatives exchange CME Group said it’s testing tokenization with Google Cloud’s private distributed ledger, aiming to launch new services next year. Tokenization is the process of placing financial instruments like bonds, funds and other securities on blockchain rails to pursue operational gains.
Martin foreshadowed the firm’s potential push into digital assets last May at a Consensus 2024 panel discussion, saying that the exchange would consider offering crypto trading if the regulatory picture in the U.S. were clearer.

Read More

Ripple Partners With Chipper Cash to Boost Payments in Africa Using XRP

Shaurya Malwa
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.

Read More