unfolded | Cryptocurrency

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1kx raised $275m across two funds during the bear market — link

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Yesterday, Bitcoin spot ETFs saw $243.5m net inflows — link

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Dutch prosecutors seek 64-month jail sentence for Tornado Cash dev Alexey Pertsev — link | tl;dr

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Memecoin 'finfluencers' are falling under the UK's Financial Conduct Authority's regulatory spotlight — link | tl;dr

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Ethereum max pain price $2,600, $5.60 billion notional value, put/call ratio 0.63

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Hong Kong-based asset manager VSFG and Value Partners apply for spot Bitcoin ETF — link | tl;dr

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Yesterday, Bitcoin spot ETFs saw $418m net inflows — link

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Progress until next Bitcoin halving:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ 98.3% ~ 25 days left

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KuCoin and two of its founders criminally charged with bank secrecy act and unlicensed money transmission offenses, claims it laundered over $9B: DOJ indictment — link | the block | tl;dr

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Yesterday, Bitcoin ETFs saw $15.4m net inflows — link

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Nilam Resources enters letters of intent to acquire 24,800 Bitcoin — link | tl;dr

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Bitcoin volatile price activity has been more concentrated during U.S. opening hours (14 to 21h UTC time) relative to APAC hours (12- 8h UTC) — link

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FTX to sell two-thirds of Anthropic stake for $884 million — link | the block | tl;dr

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Binance's successor in Russia, CommEx, halting deposits and undergoing phased closure — link | tl;dr

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Coinbase App Store global rank — 326 🔼

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Indonesia will require crypto products to pass through regulatory sandbox or be deemed illegal — link | tl;dr

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Ethena will airdrop 750 million ENA tokens on April 2 — link | tl;dr

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US judge allows SEC claims that Coinbase failed to register as securities business, dismisses SEC claim that Coinbase acted as unregistered broker via wallet application; SEC to continue with its case against Coinbase — link

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This Friday 8 AM UTC, 134.9K $BTC are set to expire on Deribit with a notional value of $9.42 billion.

Max pain price $50,000, put/call ratio: 0.83

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HSBC launches retail tokenized gold products in Hong Kong — link | tl;dr

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Tidal, Hashdex announce trading of spot Bitcoin ETF upon completion of fund conversion — link | tl;dr

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Hong Kong likely to allow in-kind creations for spot Bitcoin ETFs — link | tl;dr

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Galaxy Digital reports 2023 net income of $296M following year-earlier $1B loss — link | tl;dr

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Bakkt reports $780 million in revenue with $226 million net loss in 2023 — link | tl;dr

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SEC to seek $2 billion in fines and penalties from Ripple Labs — link | tl;dr

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Phillipines regulators take steps to block Binance — link | tl;dr

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London Stock Exchange decided to launch market in crypto ETNs on 28 May 2024 — link | the block | tl;dr

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Digital asset investment products saw record weekly outflows totalling $942m, the first outflow following a record 7-week run of inflows totalling $12.3bn.

New ETF issuers in the US saw $1.1bn inflows, partially offsetting incumbent Grayscale’s significant $2bn outflows last week — link

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Nigeria charges Binance, detained executives with tax evasion: reports — link | tl;dr

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