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

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check out our defi channel 🖤 @unfolded_defi

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MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per Bitcoin — link

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Digital asset investment products saw inflows of $1.98bn post-US election, with price action pushing global AuM to a new high of $116bn.

Bitcoin led inflows with $1.8bn, supported by macroeconomic factors and US political shifts, while Ethereum saw its largest inflows since July ($157m) — link

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new ฿ all time high: $80,076

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Detroit will become the largest US city to accept crypto to pay taxes and fees — link | tl;dr

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CME's BTC futures saw an all-time high daily trading volume of $13.15bn yesterday.

2024s average daily trading volume in CME's BTC futures currently sits at $4.56bn. This yearly ADV is higher than the massive volume surge amidst FTX's Nov 8, 2022 collapse — link

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NEW ฿ITCOIN ALL TIME HIGH: $75,080

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https://x.com/lars0x/status/1853430008947388615

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Cartwright, an UK pension advisor, announced a 3% bitcoin allocation into the investment portfolio of a UK Pension Scheme. The first of its kind in the UK — link

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Singapore pushes for commercialization of tokenization — link | tl;dr

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BlackRock (IBIT) registered  BTC flows for +875.0 m, the largest inflow recorded since launch — link

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The average cost to produce one Bitcoin across all listed miners is now $49,500 based on Q2 data, compared to $47,200 in Q1 — link | tl;dr

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Microstrategy announces goal to raise $42 billions over next 3 years to buy BTC — link | coindesk | tl;dr

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new ฿ daily high: $73,099

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Follow unfolded. on https://x.com/cryptounfolded

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new ฿ all time high: $85,000

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Coinbase App Store global rank — 70 🔼

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FTX sues Binance, former CEO Zhao seeking $1.8 billion clawback — link | archive

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Tether Trade Finance completes funding of first Middle Eastern crude oil transaction — link

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FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence — link | tl;dr

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Donald Trump has been elected the 47th president of the United States: AP — link

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NEW ฿ITCOIN ALL TIME HIGH: $74,024

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Medical device company Semler Scientific added 47 Bitcoins to holdings, bringing stack to 1,058 coins — link | tl;dr

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Digital asset investment products saw inflows of $2.2bn last week, bringing year-to-date inflows to a record breaking $29.2bn.

Bitcoin saw inflows of $2.2bn while Ethereum saw $9.5m in inflows — link

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Tether reports $2.5B profit in Q3, holds over $100B of U.S. Treasuries — link | tl;dr

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Robinhood's Q3 crypto trading volumes increase to $14.4 billion, more than double from last year — link | tl;dr

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Coinbase announces $1 billion share buyback as it reports Q3 earnings — link | tl;dr

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US Treasury says stablecoin growth is increasing demand for T-bills — link | tl;dr

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Digital asset investment products saw inflows of $901m, with inflows this month representing 12% of total assets under management, making it the 4th largest month of inflows on record.

Total inflows this year now total $27bn, nearly triple the 2021 record, with inflows of $10.5bn.

Bitcoin saw inflows of $920m while Ethereum saw $35m outflows — link

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Hong Kong eyes tax breaks for crypto, more trading platform licenses by year-end: officials — link | tl;dr

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