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

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In November, stablecoins drove more onchain value transfer than ETH and BTC. That month, there was ~$914B of Stablecoin transfer volume, ~$869B of BTC transfer volume, and ~$155B of ETH transfer volume — link

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❗️ https://vxtwitter.com/MatthewLilley/status/1735275960662921638

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Cumulative price changes during US and Asian business hours suggest that demand for Bitcoin is coming from both the West and the East — link

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Invesco & Galaxy filed an updated version of its spot Bitcoin ETF s-1 application

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SEC delays Invesco & Galaxy spot Ethereum ETF — link

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FOMC in 10 min, consensus: no change in rates.

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First US crypto accounting rules to capture token highs, lows — link | the block

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Three Arrows’ Su Zhu probed in Singapore court as liquidators step up hunt for assets — link | archive

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KuCoin to pay $22 million, exit NY market to resolve crypto suit — link

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U.S. CPI in 30 mins

Forecast:

CPI y/y: 3.1%
CPI m/m: 0.0%

Core CPI y/y: 4.0%
Core CPI m/m: 0.3%

Please note: CPI bot is still in the test mode.

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FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds — link

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Digital asset investment products experienced their 11th straight week of inflows at $43m, with a notable increase in short position inflows due to recent price appreciation and perceived downside risks — link

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Fidelity held meeting with SEC about spot Bitcoin fund, submitted presentation about ETF workflows — link

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Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure — link

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Montenegro plans to extradite Do Kwon to US — link

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❗️ Revoke cash and Sushi UIs compromised — link
❗️ Ledger library confirmed compromised and replaced with a drainer — link

UPDATE: Ledger identified and removed a malicious version of the Ledger Connect Kit. Do not interact with any dApps for the moment ledger

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Valkyrie filed an updated version of its spot Bitcoin ETF S-1 application — link

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Bitwise Bitcoin ETF added to the DTCC website

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U.S. CFTC approves Bitcoin Futures platform Bitnomial's derivatives clearing application — link

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FED: no changes in rates.

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BTC 60-day correlation with the Nasdaq turned negative in December — link

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Coinbase to offer spot crypto trading outside US in global expansion — link | archive

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As Bitcoin's price rises at the fastest pace in years, open interest has surged even amidst large liquidation events.

Open interest hit $10.2bn last week for perpetual futures contracts on Binance, Bybit, OKX, and Deribit, its highest level since March 2022 — link

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CPI y/y: 3.1%
CPI m/m: 0.1%

Core y/y: 4.0%
Core m/m: 0.3%

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World’s first Bitcoin bonds receive regulatory approval in El Salvador — link

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Disclaimer: @unfolded is an investor

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If the current Bitcoin price rally marks the start of a new and prolonged bull market, the recovery will be significantly quicker than in previous cycles — link

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Binance's Zhao must stay in US until sentencing, judge orders — link

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BTC options open interest hits an all-time high

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Galaxy-backed Gyroscope's 'all-weather' decentralized stablecoin goes live on Ethereum mainnet — link

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