unfolded | Cryptocurrency

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

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MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per Bitcoin — link

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eToro reaches settlement with SEC and will cease trading activity in nearly all crypto assets — sec | coindesk | tl;dr

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On September 10, U.S. spot Bitcoin ETFs saw +$117m net flows — link

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Digital asset investment products experienced significant outflows totalling $726m, matching the largest recorded outflow set in March this year.

Bitcoin saw outflows totalling $643m while Ethereum saw outflows totalling $98m — link

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US spot Bitcoin ETFs saw $211 million in outflows, extending streak of negative flows — link | tl;dr

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Uniswap Labs settles with the US CFTC for $175,000 on charges related to derivatives trading — CFTC | theblock | tl;dr

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SEC charges crypto-focused advisory firm Galois Capital for custody failures — sec | theblock | tl;dr

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Follow our DeFi channel ➡️ @unfolded_defi

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The ratio of Ethereum ETF volume to Bitcoin ETF volume in the first 25 days has continued to decline — link

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Jailed former FTX exec Ryan Salame withdraws his request to compel government to abide by plea deal — link | tl;dr

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Ethereum max pain price $2,800, $1.27 billion notional value, put/call ratio 0.49

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Total stablecoin market cap, excluding algorithmic stables, is now at the highest point ever, surpassing its previous high from early 2022 — link

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Spot Bitcoin ETFs see eighth day of inflows, led by BlackRock's $224 million — link | tl;dr

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Last week, digital asset investment products saw inflows totalling $533m, marking the largest inflows in five weeks. This surge followed remarks by Jerome Powell at the Jackson Hole Symposium.

Bitcoin was the primary focus, seeing $543m of inflows, indicating its sensitivity to interest rate expectations — link

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English high court rules Tether's USDT stablecoin counts as property — link | tl;dr

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Harris-Trump debate ends without mention of cryptocurrency — link | tl;dr

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Tron, Tether and TRM Labs start financial crime fighting force — link | tl;dr

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WisdomTree Ethereum Trust files to withdraw registration statement on Form S-1 — sec

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Binance to add support for fixed rate loans — link | tl;dr

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Future Forward, a top Democratic PAC, has onboarded with Coinbase Commerce to accept crypto donations — link

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US spot Bitcoin ETFs see $287 million in net outflows, largest negative flows since May — link | tl;dr

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Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions.

The negative sentiment was focussed on Bitcoin, seeing $319m in outflows — link

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SEC warns FTX against paying creditors back in stablecoins, other crypto — link | tl;dr

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Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin — link |reuters | tl;dr

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Telegram CEO Pavel Durov released from French custody and will appear in court — link

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This Friday 8 AM UTC, 60.2K $BTC are set to expire on Deribit with a notional value of $3.54 billion.

Max pain price $61,000, put/call ratio: 0.61

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Celsius' bankruptcy plan administrator pays out over $2.5B — link | tl;dr

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SEC’s case against Kraken will proceed to trial, California Judge rules — link | tl;dr

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BTC futures basis has completely bled out from 30% earlier this year to ~5% now — link

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