unfolded | Cryptocurrency

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US securities regulator opens door for Wall Street banks to hold crypto — link

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Centralised exchanges recorded an aggregate yearly volume of $75.8tn in 2024, surpassing the previous all-time high of $65.1tn set in 2021 — link

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President Trump tasks working group to evaluate creation of digital crypto reserve: Fox — link | tl;dr

U.S. crypto working group explores creating a national stockpile of digital assets using seized cryptocurrencies
Trump action to ban the U.S. CBDC
The working group will propose a federal regulatory framework for digital assets, including stablecoins, within 180 days

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Morgan Stanley CEO Ted Pick says bank will work with U.S. regulators on offering crypto — link | tl;dr

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LEDGER COFOUNDER BALLAND RELEASED AFTER KIDNAPPING IN FRANCE: BBG

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Digital asset investment products recorded inflows of $2.2bn last week amid the Trump inauguration euphoria, the largest week of inflows so far this year.

Bitcoin saw $1.9bn inflows while Ethereum saw inflows of $246m — link

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Bitcoin's correlations with major asset classes, including US equities, gold, and the US dollar index, decreased (in absolute terms) during Q4 2024, largely due to the election — link

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Malaysia weighs introduction of crypto, blockchain legislation — link | tl;dr

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Oklahoma lawmaker proposes bill for state to invest in Bitcoin — link | tl;dr

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BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report — link | tl;dr

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US Govt says seized Bitcoin from 2016 Bitfinex hack should be returned in-kind — link

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South Korea plans to introduce new crypto law in second half of 2025: report — link | tl;dr

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Bitcoin’s surge drove weekly trade volumes across 40+ centralized exchanges to $213 billion post-U.S. elections, the highest since May 2021.

Activity on U.S. exchanges also surged, with institutional interest boosting the U.S. share of Bitcoin trading from 16% in Q3 to 18% in Q4, matching Q1 levels — link

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Tether will relocate to El Salvador after securing DASP license — link | tl;dr

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MicroStrategy has acquired 2,530 BTC for ~$243 million at ~$95,972 per Bitcoin — link

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ECB pitches digital euro as response to Trump's crypto push — link

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SEC rescinds controversial crypto accounting guidance SAB 121 — link | tl;dr

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Senator Lummis announces new role as Chair of the Senate Banking Digital Assets Subcommittee — link

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Binance Labs rebrands to YZi Labs — link

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Trump plans to designate cryptocurrency as a national priority, according to people familiar with the plans — link |archive

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Retail trading platform eToro files for US IPO and chases $5bn valuation — link

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South Korea’s Upbit exchange hit with business suspension penalty: report — link | tl;dr

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Since early 2024, 62% of Bitcoin has not moved — link

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TRUMP'S SEC TO OVERHAUL CRYPTO POLICY, MAY FREEZE ENFORCEMENT: RTRS

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Since the U.S. elections, Tether’s USDT experienced strong net buying, with its dominance among stablecoins increasing from 72% in November to 84% in December — link

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Crypto options venue Deribit draws interest from buyers — link

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US court orders SEC to explain why it denied Coinbase's request for crypto-specific rules — link | tl;dr

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BlackRock launches new Bitcoin ETF on Cboe Canada — link

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Digital asset investment products recorded modest inflows of $48m last week, although this masked large outflows later in the week due to stronger than expected macro data.

Bitcoin saw $214m in inflows while Ethereum saw $256m in outflows — link

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