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

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SEC delays Blackrock spot Ethereum ETF — sec

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MicroStrategy announces proposed private offering of $600 million of convertible Senior Notes, intends to use proceeds in part to buy additional Bitcoin — link

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Digital asset investment products saw the second largest weekly inflows on record totalling $1.84bn. Trading volumes in investment products reached a record of over $30bn for the week.

The US saw net inflows totalling $1.88bn, subdued partially by a $1.46bn outflows from incumbent Grayscale ETF. This was offset by new issuers, which saw a total $3.2bn inflows last week — link

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U.S. judge enters default ruling against ex-Coinbase insider, says secondary market sales are securities transactions  — link | tl;dr

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BlackRock's Spot Bitcoin ETF starts trading in Brazil — link | tl;dr

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Nigerian government demands $10 billion in damages from Binance — link | the block

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BIS issues regulatory recommendations for global stablecoin arrangements — link | tl;dr

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https://twitter.com/FarsideUK/status/1763351311397933082

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Eight state AGs in US challenge SEC's authority in Kraken lawsuit with joint amicus brief — link | tl;dr

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USDT dominates the stablecoin market with $22bn in average trade volumes this year, 5x more than the next in line — link

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U.S. Government confirms crypto wallets transfer of Bitcoin seized from Bitfinex hacker for law enforcement purposes — link | tl;dr

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Star Wars' iconic stormtrooper joining Solana-powered crypto game MixMob — link | tl;dr

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SEC challenges Terraform Labs’ ‘suspicious’ $166 million payment to lawyers in court filing — link | tl;dr

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New record for Bitcoin ETF trading volume is officially $7.69 billion. Previous record was $4.66 billion from launch day — link

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Morgan Stanley fund opens door to investment in spot bitcoin ETFs — link | tl;dr

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Today was second biggest volume day for the ten U.S. spot Bitcoin ETFs, at about $5.5b. $IBIT alone did $2.4b of it and has crossed $11b in AUM. Each of them is up over 30% in 6 days — link

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Tether has established an official recovery tool that can migrate USDT between blockchains in case of any disruption — link

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new ฿ yearly high: $65,528

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Wall Street Journal accused of defamation over 2023 Tether-Bitfinex article — link | tl;dr

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February 2024 notched the biggest monthly candle in Bitcoin’s history in dollar value.

It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.

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BlackRock’s IBIT spot Bitcoin ETF crosses $10 billion in AUM — link | tl;dr

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Bitcoin had its best monthly performance since December 2020.

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Hong Kong draws 22 firms seeking crypto exchange licenses including OKX, Bybit and HTX — link | tl;dr

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House Finance Committee votes to move forward with measure to overturn SEC's custody bulletin — link | tl;dr

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BofA’s Merrill, Wells Fargo offer Bitcoin ETFs to clients — link | bbg

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Grayscale lobbies SEC to approve options on spot Bitcoin ETFs — link

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The new spot Bitcoin ETFs saw record inflows of $673 million yesterday, beating the Day 1 record of $655 million. $IBIT took in a record $612 million, crossing $9 billion in assets — link

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South Korea’s ruling party retracts spot Bitcoin ETF election promise — link

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Winklevoss-led Gemini agrees to return over $1 billion to customers in deal with NY regulator that includes $37 million fine — link

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Nigeria detains Binance executives in cryptocurrency crackdown — link

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