Summary of the week with Sebastian Seliga from the Zondacrypto Stock Exchange

As every week, we sum up the last one with Sebastian Seliga of Zondacrypto.

Trump administration priorities: Bitcoin as a stablelein reserve and regulations

The administration of President Donald Trump announced ambitious plans for cryptocurrency regulation. Among the priorities were:

• Assessment of the possibility of creating a BTC reserve within the US government activities,
• Legislation regarding stablecoin, which is to be adopted during the first 100 days of administration,
• New SEC guidelines for digital assets, aimed at creating a transparent regulatory environment.

David Sacks, who deals with the subject of regulation of cryptocurrencies in the US, emphasized that previous years were characterized by regulatory uncertainty, which led to the transfer of cryptocurrency innovations outside the country. The new administration wants to reverse this trend, supporting the development of lawful projects and eliminating fraud.

Senator Tim Scott announced that after the legislation of Stablecoin, the administration will focus on reforms of the market structure. In turn, Congresmen Glenn Thompson described digital assets as a key element of the Internet 3.0, or “internet values”.

FTX begins withdrawals to small creditors

From February 18, FTX creditors, whose claims amount to a maximum of USD 50,000, will receive a 100% refund of their funds with interest of 9% per year. The funds will be transferred to the verified bitch accounts.

However, larger claims, including those submitted by institutions and venture capital funds, remain unresolved. The new FTX management team, under the leadership of John J. Ray III, focuses on recovering assets and conducting legal activities against the former management of the stock exchange.

XRP Ledger: Second failure in three months

The XRP Ledger (XRPL) network experienced another break in the operation, which lasted about an hour. Although the consensus mechanism worked properly, the Walidates stopped publishing confirmation of the transaction. Ripple confirmed that the network has returned to full functionality, but the cause of the failure remains unknown.

This is the second such situation within three months, which raises concerns about network stability. In the meantime, the XRP token has recorded a 20% drop in the last week, reaching a price of USD 2.52.

Ethereum on a 5-year minimum compared to Bitcoin

Ethereum (ETH) loses its value to Bitcoin, reaching the lowest level in five years. The ETH/BTC indicator dropped to 0.027, which means a decrease by 70% from the transition of Ethereum to the Proof-of-Stake mechanism in 2022. The main reasons for the inheritance are:

• Lower interest in ETFs ETH compared to bitcoin counterparts, which attracted over USD 40 billion in investments,
• decreasing demand for ETH in the face of the growing domination of Bitcoin,
• It is worth noting that as many as 77% of ETH/BTC trade days have recently been on the downside, which is confirmed by the weakening position of Ethereum on the market.

Salvador increases Bitcoin reserves

Salvador continues its strategy to increase Bitcoin reserves, adding up to 21 BTC to the balance last week. Currently, the country has 6,068 BTC, whose value is over USD 592 million.

According to the data of the National Bureau of the Country, the largest purchase took place on February 3, when the government purchased 11 BTC for USD 1.1 million. On the other days of the week, the country continued daily shopping for 1 BTC. Over the past month, the reserves increased by 60 BTC, which corresponds to the value of USD 5.9 million.

These purchases took place shortly after the adaptation of national regulations regarding Bitcoin. The idea was to meet the terms of the contract with the International Monetary Fund (IMF) for USD 1.4 billion. Despite these changes, the director of the BTC National Office, Stacy Herbert, emphasized that the country remains involved in increasing its BTC reserves.

Strategy increases Bitcoin reserves despite the loss in the fourth quarter

Strategy (formerly Microstrategy) announced the largest quarterly purchase of Bitcoins in its history, significantly increasing its resources in the fourth quarter of 2024. In the last quarter of 2024, the company purchased 218 887 BTC, which increased its total reserves to 447 470 BTC as at December 31. In 2025, Strategy continued shopping, reaching the level currently 471 107 BTC, whose value is about USD 46 billion.

The company’s strategy is based on the set “21/21”, which assumes obtaining USD 42 billion in three years – USD 21 billion from the issue of shares and USD 21 billion from bonds. CEO Phong LE informed that the company has already secured $ 20 billion, which is significantly ahead of the original schedule.

Despite the aggressive accumulation of Bitcoin, Strategy recorded a net loss of USD 670.8 million in the fourth quarter of 2024, which mainly results from a copy of Bitcoin’s value for the amount of USD 1.01 billion. However, from the first quarter of 2025, the company will adopt new FASB accounting standards that will allow Bitcoin to quote at market value, which is to stabilize financial reports.

To sum up, the passing week brought important events in the world of cryptocurrencies. The Trump administration focuses on the regulations and development of the US market, FTX takes a step towards solving the problems of creditors, ETH and XRP are struggling with market challenges, the salvador consistently increases its BTC reserve, and Strategy continues aggressive BTC accumulation, despite financial challenges.