unfolded.
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Hand-curated crypto market insights

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TurboFlow, aiming to be the 'Kalshi of APAC,' raises $6 million seed led by Pantera Capital β€” link | AI comment
Trump signs executive orders setting 2031 deadline for post-quantum migration β€” link | AI comment
Ethereum foundation announces reorganisation, cutting 20% of its workforce β€” link | AI comment
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Mark Zuckerberg directed Meta to build prediction markets app β€” link | AI comment
Congress sends anti-CBDC housing bill to Trump's desk for final approval β€” link | AI comment
While corporate treasury firms remain net Bitcoin buyers, their daily purchases have dropped from peaks above $500 million earlier this spring to minimal levels this month, removing a key source of demand β€” link | AI comment
Cboe launches prediction market suite with binary option contracts on S&P 500 β€” link | AI comment
This Friday 8 AM UTC, 162K $BTC are set to expire on Deribit with a notional value of $10.16 billion.

Max pain price $72,000, put/call ratio: 0.81 | AI comment
Ethereum max pain price $2,000, $1.69 billion notional value, put/call ratio 0.56 | AI comment
SBI Group launches Japan's first trust bank-backed stablecoin JPYSC β€” link | AI comment
Predictions market Kalshi in talks to raise funds at $40bn valuation β€” link | AI comment
Bitcoin miners face deepening margin squeeze as revenue falls below production costs β€” link | AI comment
Crypto deal between Cantor SPAC and Adam Back DAT gets delayed β€” link | AI comment
79% of BTC's circulating supply is now held by long-term holders, a new all-time high that reflects continued accumulation and the gradual shift toward a more constructive market environment β€” link | AI comment
SBI Holdings agrees to acquire Japanese crypto exchange Bitbank in $288.6 million deal β€” link | AI comment
new ΰΈΏ yearly low: $58,713 | AI comment
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StablecoinX to begin trading tomorrow on Nasdaq under the symbol β€œUSDE” β€” link | AI comment
BitGo cuts 15% of staff to refocus on AI infrastructure and stablecoins β€” link | AI comment
Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto β€” link | AI comment