unfolded.
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Latest crypto market insights

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Stepn denies layoff reports, hints at new projects — link
Blockchain venture funding falls for second consecutive quarter — link
U.S. CPI in 30 min
Uniswap raises $165 million in Series B — link
US CPI:
8.2% YoY, 0.4% MoM
Forecasted: 8.1% YoY, 0.2% MoM

US CPI Core:
6.6% YoY, 0.6% MoM
Forecasted: 6.5% YoY, 0.4% MoM
Bitcoin is on track with previous bear market trajectories, as we’ve seen a 70% drawdown from its November ATH — link
BlockTower launches $150 million fund backed by BPI France and Mass Mutual — link
Tether slashes commercial paper to zero — link
Binance launches $500 million fund to provide loans to Bitcoin miners — link
Gensler supports granting CFTC more power over spot markets — link
18.2% of all cryptocurrency received by Eastern Europe comes from addresses associated with risky or illicit activity, more than any other region
— link
NFT marketplace Magic Eden moves to optional royalty model — link
France approves its third-biggest bank to operate digital asset services — link
The total number of wallets that have ever held an NFT has doubled this year, surpassing 6 million.
Digital asset investment products saw inflows totalling $12m last week. Total assets under management (AuM) are now $25bn, remaining just off their recent lows of US$24bn — link
Mastercard will help banks offer cryptocurrency trading — link
Crypto exchange FTX US under investigation by Texas regulator over securities allegations — link
US investigating bankrupt crypto hedge fund Three Arrows Capital — link | archive
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Bitcoin on-chain activity is nonexistent. Metrics that track spending/lifespan are down at 2010 levels, near the first conceptions of price — link
IRS expands key US tax language to include NFTs — link