unfolded | Cryptocurrency

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

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Crypto exchange FTX to sell shares in AI startup Anthropic — link

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Retail investors were likely behind the crypto market rally in February, JPMorgan says — link | tl;dr

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Ethereum max pain price $2,400, $2.37 billion notional value, put/call ratio 0.49

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Nigeria blocks access to crypto exchanges in effort to curb currency slide — link

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U.S. Bitcoin spot ETFs saw -$35.6m net outflows, first outflow day since 25th Jan 2024 — link

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England's Law Commission seeks draft views on legislation to label crypto as property  — link | tl;dr

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DCG files objection in bankruptcy court, calls out Genesis' settlement with New York as 'subversive' — link | tl;dr

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Podgorica high court decides to extradite Do Kwon to US: Montenegrin news site Pobjeda - BBG

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Retail activity on Coinbase stayed low in Q4 2023.

Largest quarterly retail volume since Q2 2022, but still below Q4 2020 and a meager 16% of the Q4 2021 peak — link

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Hack VC raises $150 million for bets on battered crypto industry — link

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Digital asset investment products saw record weekly inflows, totaling $2.45 billion, with inflows for year to date now at an impressive $5.2 billion — link

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Ethena labs has raised a $14m seed extension round led by Dragonfly with participation from Arthur Hayes

https://twitter.com/leptokurtic_/status/1759546368467849577

Disclaimer: @unfolded is an investor

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South Korea’s ruling party considers allowing spot bitcoin ETFs in election pledges: report — link | tl;dr

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FTX creditors file class action against bankruptcy lawyers over ties to FTX prior to its collapse — link | tl;dr

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Grayscale outflows drop to $125M in 3 days — a major shift from the initial week's $400M daily outflow.

In total, Grayscale has lost 155k $BTC since ETFs launched, or 25% of its January 10th AUM — link

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Frankfurt to host AMLA, new EU money laundering watchdog tasked with monitoring crypto — link | tl;dr

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Tomorrow 8 AM UTC, 71.9K $BTC are set to expire on Deribit with a notional value of $3.7 billion.

Max pain price $48,000, put/call ratio: 0.81

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Valkyrie launches 2x leveraged Bitcoin Futures ETF — link

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Start your Crypto journey on Bitget!

1. Make your first trade over 100 USDT to receive 10 BGB

2. For 100 existing and new users who signed up and completed KYC in the event period who never traded before are eligible to join the event.

Limited to the first 100 users

➡️ https://partner.bitget.com/bg/unfolded

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Around 70% of Bitcoin has remained untouched for over a year, indicating low market liquidity — link

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U.S. bans crypto addresses tied to LockBit Ransomware Group from financial system — link | tl;dr

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Hong Kong's central bank issues guidance for firms offering crypto custodial services — link | tl;dr

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CME to launch Euro-denominated micro Bitcoin and Ether futures next month — link | tl;dr

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Start earning shards join ➡️ app.ethena.fi/join/36ms6 ❤️

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0.5% of Bitcoins (100k BTC) worth $5.2B absorbed into ETFs since launch, over half in the last week — link

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Japan seeks to allow certain VCs to invest directly in crypto and Web3 startups — link | tl;dr

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Celsius distributed $2 billion of crypto to creditors, court document shows — link | tl;dr

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Coinbase reports 4Q earnings, revenue of $954M, beating expectations of $818.9M — reuters

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