unfolded | Cryptocurrency

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

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Ethereum max pain price $3,300, $1.80 billion notional value, put/call ratio 0.42

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The Nvidia crash yesterday had ripple effects on the crypto market, with CME traders rapidly de-risking.

Bitcoin futures basis fell to negative terrain for the first time since August 2023, while notional OI saw its largest daily decline ever of a massive 17,225 BTC — link

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Trump's U.S. Treasury Secretary Bessent approved, kikely tackling taxes before crypto — link | tl;dr

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MicroStrategy has filed for a mixed securities shelf with the potential proceeds aimed at acquiring additional Bitcoin and general corporate purposes — link

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Digital asset investment products saw inflows totalling $1.9bn last week, likely as a result of recent presidential executive orders.

Bitcoin saw inflows totalling $1.6bn while Ethereum saw inflows of $205m — link

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BlackRock/iShares just filed to allow in-kind creation and redemption on their Bitcoin ETF $IBIT — link

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ECB pitches digital euro as response to Trump's crypto push — link

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SEC rescinds controversial crypto accounting guidance SAB 121 — link | tl;dr

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Senator Lummis announces new role as Chair of the Senate Banking Digital Assets Subcommittee — link

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Binance Labs rebrands to YZi Labs — link

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Trump plans to designate cryptocurrency as a national priority, according to people familiar with the plans — link |archive

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Retail trading platform eToro files for US IPO and chases $5bn valuation — link

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This Friday 8 AM UTC, 79K $BTC are set to expire on Deribit with a notional value of $8.10 billion.

Max pain price $98,000, put/call ratio: 0.69

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新年快乐 | Happy Lunar New Year! @unfolded

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French investigators have opened judicial probe into money laundering, tax fraud, drug trafficking, other charges against crypo platform Binance

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Tokyo-listed Metaplanet announces $745M raise to buy BTC — link | tl;dr

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KuCoin pleads guilty to U.S. charges of unlicensed money transmitting business

Two of its co-founders signed deferred prosecution agreements with the DOJ — link

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MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per Bitcoin — link

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Elon Musk's DOGE is considering blockchain adoption in gov't efficiency push: Bloomberg — link | tl;dr

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US securities regulator opens door for Wall Street banks to hold crypto — link

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Centralised exchanges recorded an aggregate yearly volume of $75.8tn in 2024, surpassing the previous all-time high of $65.1tn set in 2021 — link

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President Trump tasks working group to evaluate creation of digital crypto reserve: Fox — link | tl;dr

U.S. crypto working group explores creating a national stockpile of digital assets using seized cryptocurrencies
Trump action to ban the U.S. CBDC
The working group will propose a federal regulatory framework for digital assets, including stablecoins, within 180 days

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Morgan Stanley CEO Ted Pick says bank will work with U.S. regulators on offering crypto — link | tl;dr

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LEDGER COFOUNDER BALLAND RELEASED AFTER KIDNAPPING IN FRANCE: BBG

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Digital asset investment products recorded inflows of $2.2bn last week amid the Trump inauguration euphoria, the largest week of inflows so far this year.

Bitcoin saw $1.9bn inflows while Ethereum saw inflows of $246m — link

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Bitcoin's correlations with major asset classes, including US equities, gold, and the US dollar index, decreased (in absolute terms) during Q4 2024, largely due to the election — link

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Malaysia weighs introduction of crypto, blockchain legislation — link | tl;dr

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