unfolded | Cryptocurrency

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

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Japan mulls officially classifying crypto as financial product: Nikkei — link | tl;dr

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FTX major repayments to begin May 30; BTC claims currently worth just 20% of market price — link | tl;dr

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Trump pardons three co-founders of BitMex crypto exchange — link

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Terraform Labs to open crypto creditor claims portal on March 31 in bankruptcy unwind — link | tl;dr

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Bitcoin liquidity on weekends is showing signs of a rebound in 2025, hinting at a possible reversal of the years-long decline.

So far this year, Bitcoin’s average daily 1% depth has been lowest midweek—particularly on Tuesdays and Wednesdays—while peaking on Fridays.

This marks a shift from last year when Saturdays and Sundays experienced the weakest liquidity — link

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GameStop announces initial pricing of $1.3 B of Convertible Senior Notes at a premium of 37.5%, sale of notes to close on April 1, 2025 — pr

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NYSE-parent ICE to explore new products with Circle's stablecoin, tokenized fund — link | tl;dr

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French company The Blockchain Group confirms the acquisition of 580 BTC for ~€47.3 million, holds of a total of 620 BTC — link

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Wyoming Governor expects state to issue its own stablecoin by July — link

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Fidelity plans to launch stablecoin in digital assets push — link

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GameStop updates investment policy to include Bitcoin as a treasury reserve asset: GNW — link

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Ethereum max pain price $2,400, $2.20 billion notional value, put/call ratio 0.39

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eToro files for IPO — link | tl;dr

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Kentucky enacts law supporting self-custody of cryptocurrencies — link | tl;dr

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Excluding 2025, all Bitcoin yearly exchange outflow cost bases since 2020 were below price, suggesting strong support below.

From 2020 to 2024, Bitcoin’s cost basis fluctuated within a range of $36,280 and $69,494, suggesting healthy unrealized profits and low incentive for the market to panic further at this stage — link

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Bitcoin miner MARA starts massive $2B stock sale plan to buy more BTC — link | tl;dr

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Bitcoin dominance has risen to 58%, defying expectations of an altcoin market rotation despite favorable conditions

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FDIC clarifies that banks can engage in permitted crypto activities without prior approval — link

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NY AG files $200 million settlement with Galaxy Digital over LUNA — link

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Crypto. com says SEC's investigation has been shut with no plan to pursue charges — link | tl;dr

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French state-owned bank Bpifrance launches €25m fund for new French crypto tokens — link

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BTC market cap remains 22,5% higher than when Trump was elected — link

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GameStop announces private offering of $1.3 billion convertible senior notes to purchase Bitcoin and for corporate purposes — link

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Just 8.6% of global ETH and 11.5% of BTC volumes are traded on US exchanges — link

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SEC Crypto Task Force to host four more roundtables between April 11 and June 6, covering regulation, crypto custody, tokenization and DeFi — link

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US FDIC moves to put an end to 'reputational risk' following criticism from crypto industry — link | tl;dr

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This Friday 8 AM UTC, 139K $BTC are set to expire on Deribit with a notional value of $12.23 billion.

Max pain price $85,000, put/call ratio: 0.48

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BlackRock debuts Bitcoin exchange-traded product in Europe — link

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Mt. Gox makes $1 billion Bitcoin transfer, still holds 35,583 BTC: Arkham — link | tl;dr

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Trump Media announces intention to partner with Crypto com to launch ETFs - GNW — link

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