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

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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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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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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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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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