unfolded | Cryptocurrency

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MicroStrategy completes $603.75 million offering of convertible notes — link

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Southeast Asia super-app Grab offers crypto payment options in Singapore — link | tl;dr

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As of last week, Bitcoin 2% market depth (denominated in USD) is up by 40% YTD, and briefly surpassed its pre-FTX average of $470mn, ending the 'Alameda gap' — link

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Fidelity adds staking to their spot ETH ETF application in amendment — link

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OKX to pull USDT trading pairs in Europe — link | tl;dr

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Digital asset investment products saw record weekly inflows totalling $2.9bn, beating the prior weeks all-time record of $2.7bn.

This week’s inflows have pushed year-to-date inflows to $13.2bn, smashing the full 2021 inflows of $10.6bn — link

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Bitcoin maintains its dominance in 2024 ETF flows so far — link

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Prosecutors urge judge to sentence Sam Bankman-Fried to 40-50 years in prison for FTX fraud — link | coindesk

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Bitcoin tops Taylor Swift, Beyoncé in Google Search US results — link

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Top crypto exchange Binance spins off $10 billion venture unit — link | tl;dr

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El Salvador has thousands more Bitcoins than previously known, has moved over 5,000 BTC into a cold wallet — link | tl;dr

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Craig Wright not Satoshi, didn't author Bitcoin whitepaper, judge rules — link | tl;dr

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Digital Assets ETFs/ETPs have smashed the 2021 record, with inflows following the last few days now sitting at $12bn year-to-date compared to $10.6bn for the whole of 2021 — link

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Spot Bitcoin ETFs daily net inflow hit $1 billion for the first time since launch, BlackRock’s IBIT saw a record $849 million of inflow — link

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Coinbase Global plans to offer $1 billion in convertible notes — link | tl;dr

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World's largest pension fund seeks information on Bitcoin under the portfolio diversification plan — link | tl;dr

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Record outflow from GBTC today, -642.5 million — link

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Utah judge has found the SEC engaged in bad faith conduct against crypto firm Debt Box — link

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Bakkt replaces CEO as NYSE threatens to delist crypto exchange — link | tl;dr

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Binance's user asset holdings exceed $100 billion — link

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Grayscale files Ethereum Trust's amended Form 19b-4, a step in their effort to uplist $ETHE to NYSE Arca — link

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Dubai’s tax-free economic zone DIFC enacts new Digital Assets Law — link | tl;dr

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$190B wealth manager 'Cetera' greenlights 4 Bitcoin ETFs for allocators — link | tl;dr

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Total Digital Asset ETPs passed the $100bn mark for the first time ever — link

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MicroStrategy to offer $500m of convertible senior notes — link

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Thailand greenlights income tax exemption for investment token earnings: report — link | tl;dr

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Crypto exchange OKX receives in-principle approval for Singapore payments licence — link

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Grayscale's share of Bitcoin ETF AUM just fell below 50% — link

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