unfolded | Cryptocurrency

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South Korea’s Upbit exchange hit with business suspension penalty: report — link | tl;dr

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Since early 2024, 62% of Bitcoin has not moved — link

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TRUMP'S SEC TO OVERHAUL CRYPTO POLICY, MAY FREEZE ENFORCEMENT: RTRS

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Since the U.S. elections, Tether’s USDT experienced strong net buying, with its dominance among stablecoins increasing from 72% in November to 84% in December — link

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Crypto options venue Deribit draws interest from buyers — link

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US court orders SEC to explain why it denied Coinbase's request for crypto-specific rules — link | tl;dr

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BlackRock launches new Bitcoin ETF on Cboe Canada — link

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Digital asset investment products recorded modest inflows of $48m last week, although this masked large outflows later in the week due to stronger than expected macro data.

Bitcoin saw $214m in inflows while Ethereum saw $256m in outflows — link

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Alleged Blender and Sinbad crypto mixer operators charged in money laundering case — link | tl;dr

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Bybit will temporarily restrict services in India starting January 12 — link

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MicroStrategy bought 194,180 BTC in the last quarter of 2024.

KULR Technology, Rumble and Genius Group were among the companies that added Bitcoin to their balance sheets in the last quarter — link

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Bitfinex relocates derivatives services to El Salvador — link | tl;dr

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Among USD trading pairs, BTC-USD reached a 49% share in 2024 and Coinbase saw a 62.4% market share of USD pairs — link

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MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per Bitcoin — link

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MicroStrategy expands '21/21 plan' with $2 billion preferred stock offering for bitcoin purchases — link | tl;dr

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Oklahoma lawmaker proposes bill for state to invest in Bitcoin — link | tl;dr

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BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report — link | tl;dr

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US Govt says seized Bitcoin from 2016 Bitfinex hack should be returned in-kind — link

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South Korea plans to introduce new crypto law in second half of 2025: report — link | tl;dr

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Bitcoin’s surge drove weekly trade volumes across 40+ centralized exchanges to $213 billion post-U.S. elections, the highest since May 2021.

Activity on U.S. exchanges also surged, with institutional interest boosting the U.S. share of Bitcoin trading from 16% in Q3 to 18% in Q4, matching Q1 levels — link

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Tether will relocate to El Salvador after securing DASP license — link | tl;dr

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MicroStrategy has acquired 2,530 BTC for ~$243 million at ~$95,972 per Bitcoin — link

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Bitcoin is the top ranking asset accross all asset classes for 10 of the last 13 years — link

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Kenya prepares to legalize cryptocurrencies in policy shift: report — link | tl;dr

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DOJ cleared to sell $6.5b in seized Silk Road Bitcoin: official — link

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Bhutan SAR intends to adopt BTC, ETH and BNB as part of its strategic reserves — link | tl;dr

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South Korea seeks to lift ban on institutional trading of cryptocurrencies: report — link | tl;dr

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Winklevoss-led Gemini Trust Co. agrees to pay $5 million to settle CFTC charges in proposed order — link | tl;dr

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The conclusion of 2024 marked a record $44.2bn of inflows globally, almost 4x the prior record set in 2021.

Bitcoin dominated 2024, seeing $38bn inflows representing 29% of AuM, while Ethereum saw a resurgence in late 2024, bringing full year inflows to $4.8bn.

Digital asset investment products saw net outflows totalling $75m for the last week — link

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Among stablecoins on Binance, USDT's market share rose to 75%, while FDUSD's market share contracted.

USDC market share reached up to 7% after MiCA compliance — link

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