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

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CZ to be released today after spending four months in federal prison — link | tl;dr

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It's been 1051 days since the global crypto market cap peaked on November 15, 2021.

The longest-ever crypto market cap drawdown lasted for 1,106 days from Dec 15, 2013, to Dec 25, while past cycles drawdown lasted for 1096 days from Jan 7, 2018, to Jan 7, 2021 — link

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Kamala Harris says US should become 'dominant' in blockchain, reiterates 'digital assets' in economic plan — link | tl;dr

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Visa to help banks test tokenized assets, smart contracts and seeks to launch an initial pilot in 2025 on Ethereum — link | tl;dr

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This Friday 8 AM UTC, 91K $BTC are set to expire on Deribit with a notional value of $5.81 billion.

Max pain price $59,000, put/call ratio: 0.62

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SEC Chair Gary Gensler grilled over crypto regulation, handling of DEBT Box case in heated congressional hearing — link | tl;dr

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SEC delays options on Blackrock spot Ethereum ETFs — sec

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TrustToken, TrueCoin settle with SEC over TUSD allegations — link | sec | tl;dr

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Benchmark says MicroStrategy could soon generate yield by lending its bitcoin holdings — link | tl;dr

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Digital asset investment products experienced a second consecutive week of inflows, totalling $321 million. This surge was likely driven by the Federal Open Market Committee (FOMC) decision to cut interest rate by 50bp.

Bitcoin saw $284m in inflows while Ethereum saw outflows for the 5th consecutive week, totalling $29m — link

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MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per Bitcoin — link

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Judge dismisses Consensys lawsuit against SEC over MetaMask and Ethereum claims — link | tl;dr

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FOMC in 30 min, consensus - 50bps cut

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Fintech giant Revolut said to be planning stablecoin — link | tl;dr

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FTX’s accounting firm Prager Metis to pay SEC $1.95M to settle negligence allegations — link | tl;dr

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BNY approved by SEC for crypto custody beyond ETFs, Gensler says — link | archive

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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund — link | tl;dr

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PayPal announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account — link | tl;dr

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Ethereum max pain price $2,500, $1.88 billion notional value, put/call ratio 0.45

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Nigerian users have the highest stablecoin affinity among the countries surveyed: Castle Island Ventures report — link

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Sam Bankman-Fried's ex-girlfriend Caroline Ellison sentenced by US judge to two years in prison for her role in FTX crypto fraud — link | tl;dr

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Bitcoin reflects little fundamental exposure to other macro variables, explaining its low long-term average correlation with equities and other "risky assets": BlackRock — link

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BNY plans crypto ETF custody as Wall Street eyes digital asset revenue — link | archive

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👥 Looking for a long term channel sponsor, 1 spot left dm with your project/company @nakamotocat

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SEC approves options on Blackrock spot Bitcoin ETF — sec

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On September 19, U.S. spot Bitcoin ETFs saw +$158.3m net flows — link

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Commerzbank to offer Bitcoin, Ether trading through Crypto Finance — link | tl;dr

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Switzerland’s SIX, Europe's 3rd biggest stock exchange, explores launching crypto exchange — link | archive

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Crypto VC fund Dragonfly seeking to raise a $500 million fund — link | archive

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