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

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Winklevoss' crypto exchange Gemini gets nod to launch in France amid clash with U.S. regulators — link | tl;dr

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Trial for former Terraform Labs CEO Do Kwon pushed back to March — link | tl;dr

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ProShares files for five leveraged and inverse bitcoin ETFs — link | tl;dr

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Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued — irs

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Crypto miner Core Scientific to exit bankruptcy, plans to re-list on Nasdaq this month — link | archive

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Cantor Fitzgerald’s Lutnick says Tether’s reserves do exist — link

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Crypto firm HashKey raises $100 million, claims unicorn status — link | archive

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The US saw $1.24bn of inflows, while minor outflows were seen in Europe.

Trading volumes were $17.5bn last week, the highest on record, compared to an average of $2bn per week in 2022.

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SEC statement: currently, no evidence that the unauthorized party gained access to SEC systems, data, devices, or other social media accounts — sec

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https://twitter.com/BitMEXResearch/status/1745856528983171294

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Genesis reaches settlement with New York regulator, will forfeit BitLicense and pay $8 million fine — link | archive

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Coinbase partners with stablecoin exchange Yellow Card in African expansion — link | tl;dr

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UBS will let some customers trade Bitcoin ETFs, contrary to rumors: source — link | tl;dr

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Grayscale files for bitcoin covered call ETF following conversion of GBTC — link | tl;dr

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Grayscale’s GBTC discount closes to zero for first time since February 2021 — link | tl;dr

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Sam Bankman-Fried's parents move to dismiss FTX clawback suit — link

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The Bitcoin spot ETFs have traded almost $10 billion total over 3 days — link

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While VC investment has typically correlated to Bitcoin price, that correlation broke down significantly in 2023, with Bitcoin rising 160% while crypto VC capital invested continuously making new lows — link

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EU banking watchdog extends anti-money laundering measures to cover crypto firms — link | tl;dr

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US SEC willing to delay Terraform Labs trial for Do Kwon's extradition — link

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Digital asset investment products saw $1.18bn inflows last week (subject to T+2 settlement), although this did not break the record set at the launch of the futures-based Bitcoin ETFs — link

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Day two of spot Bitcoin ETF trading tops $3.1 billion as Grayscale and BlackRock lead — link

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The average cost of production per Bitcoin, post halving, will be US$37,856: Coinshares report — link

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CoinShares exercises option to acquire Valkyrie Funds — link

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Robinhood announces all 11 spot bitcoin ETFs available for trading — link

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Bitcoin spot ETFs had over 4.6 billion in trading volume on the opening day — link

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USDT marketshare grew by ~25% in 2023 — link

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Spot Bitcoin ETFs crossed $1.2 billion in trading volume in first 30 min of trading — link

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