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Latest crypto market insights twitter.com/cryptounfolded | ads.unfolded.io | contact: @nakamotocat

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Genesis cleared by court to sell GBTC shares worth $1.3 billion — link | archive

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Bitcoin ETFs saw nearly $500m inflows yesterday — link

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Criminal sentencing of Binance founder CZ postponed to late April — link | tl;dr

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BTC open interest in USD terms crossed $11bn for the first time since December 2021 — link

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Digital Currency Group reports Q4 revenue of $210m, up 59% Y/Y — link | tl;dr

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Digital asset investment products saw inflows of $1.1bn, bringing year-to-date inflows to $2.7bn. AuM is at highest level since early 2022 at $59bn.

Newly issued spot-based Bitcoin ETFs in the US saw a net $1.1bn inflows last week, bringing inflows since the January 11th launch to $2.8bn — link

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New York Attorney General expands lawsuit against Digital Currency Group, triples estimated size of fraud to more than $3 billion - RTRS

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Bankrupt crypto lender Genesis Global settles NY fraud lawsuit — link

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new ฿ daily high: $45,162

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As the spot Bitcoin ETFs settle into more normal trading, GBTC has lost dominance in volumes. At the start GBTC accounted for over half of daily volumes across ETFs, but now accounts for ~30% and was trumped by IBIT last week — link

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OKX faces potential probe in South Korea after alleged rule-breaking: report — link | tl;dr

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Judge approves BlockFi and 3AC settlement deal but details remain confidential — link | tl;dr

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Coinbase holds nearly 40% of BTC liquidity in the US, followed by Kraken (33%) and Bitstamp (9%) — link

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SEC adopts rule to have stricter oversight over dealers, looping in crypto and DeFi  — link | tl;dr

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Net inflows (including Grayscale outflows) continue to climb, highlighting that the new spot Bitcoin ETF issuers are more than offsetting the Grayscale outflows — link

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US spot Bitcoin ETFs have just hit net inflows of $4bn. Yesterday was the largest net inflows of $651m since the launch day on 11th January — link

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Peter Thiel’s Founders Fund made $200 million crypto investment before bull run — link

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Franklin Templeton files for spot Ethereum ETF — link

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new ฿ yearly high: $50,000

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new ฿ daily high: $49,143

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https://twitter.com/VetleLunde/status/1755876912205857016

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US-based ETFs currently represent only 10-15% of the total BTC spot trading volume across global centralized exchanges and only 3% of outstanding Bitcoin supply (or around 650k BTC) — link

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Progress until next Bitcoin halving:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 95% ~ 73 days left

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Do Kwon granted appeal by Montenegro court, extradition revoked — link | the block

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Thailand waives value-added tax on crypto gains: report — link | tl;dr

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South Korea to enforce tougher crypto law with potential life sentence — link | tl;dr

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In January, MicroStrategy acquired an additional 850 BTC for $37.2 million and now holds 190,000 BTC — link

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SEC delays Invesco & Galaxy spot Ethereum ETF — link

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DCG says Genesis bankruptcy plan overpays customer claims — link

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eesee crossed 1,000,000+ connected wallets on Testnet!

https://twitter.com/eesee_io/status/1754507645870874721

Disclaimer: @unfolded is an investor

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