unfolded | Cryptocurrency

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

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Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets — link

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FTX’s missing $400 million were stolen in SIM-swapping hack, DOJ says — link

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Genesis settles SEC lawsuit over Gemini Earn program — link | archive

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Celsius emerges from Chapter 11 and commences distributions of over $3 billion of cryptocurrency to creditors — link

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FOMC in 30 min, consensus: no change in rates.

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Bitfinex Securities launches digital asset services in El Salvador — link | tl;dr

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SEC asks to dismiss contested crypto case against DEBT Box in which agency faces sanctions over ‘materially false’ statements — link | tl;dr

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German police seize $2.1B worth of Bitcoin in piracy sting — link | tl;dr

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Two months post-settlement, Binance's market share is recovering.

Volumes rose to 49%, up from multi-year lows.

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Invesco & Galaxy cut the long term fee on their spot Bitcoin ETF from 39 bps to 25 bps — @JSeyff

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Digital asset investment products saw significant outflows from a global perspective, totalling $500m — link

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Following the approval of spot Bitcoin ETFs, there has been a notable shift in BTC trading patterns on U.S.-available platforms.

Hourly BTC-USD trade volume has spiked around 8-9PM UTC time, which corresponds to the daily close on U.S. markets (3-4PM EST) — link

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Disclaimer: @unfolded is an investor

https://twitter.com/mixmoborigin/status/1750690967881986050?s=61&t=Jpbj5iewh_ihtJJ91DbTtA

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SEC delays Grayscale spot Ethereum ETF (conversion) — link

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BTC performance is behaving like that of the past 2 cycles, as the current halving cycle is ending with the fourth halving anticipated to happen in mid to late April 2024 — link

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OPNX to cease operations and shut down — link

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During the last seven years, Bitcoin’s annualized return has averaged ~44%, while that of other major assets has averaged 5.7% — link

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FED: no changes in rates.

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FTX expects to pay crypto customers in full in bankruptcy liquidation

FTX exchange won't be restarted, bankruptcy lawyer says — link | tl;dr

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Tether's Q4 attestation reports $2.85 billion in profit, sets new records in excess reserves — link

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Terraform Labs says its recent bankruptcy filing will enable it to pursue appeal of SEC lawsuit — link

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UK police seized £1.4bn of Bitcoin from China investment fraud, court told — link | archive

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New spot Bitcoin ETFs amass 150,000 BTC as GBTC market share falls to 36% — link | tl;dr

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Coinbase to charge fees on USDC to USD conversions over $75 million — link | tl;dr

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The outflows in Grayscale last week totalled $2.2bn, although data suggests outflows are beginning to subside as the daily total continued to reduce towards over the week.

Newly issued US ETFs saw inflows totalling $1.8bn last week, and since launch on 11th January 2024 have seen $5.94bn of inflows.

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Harvest Fund files spot Bitcoin ETF application in Hong Kong: report — link | tl;dr

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BlackRock’s Bitcoin ETF first to reach $2B in AUM — link | tl;dr

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US files notice to sell $130m of Bitcoin seized from Silk Road agent — link

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Ethereum max pain price $2,300, $2.05 billion notional value, put/call ratio 0.31

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