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Сrypto news aggeregator by EXCAVO Main channel @excavochannel Admin: @excavo
📈🤔 #BTC CEO of CryptoQuant, points to Bitcoin’s resilience in his tweets, citing a chart of active ASIC mining rigs. With a record 4.8 million rigs running, even during the recent price correction, Bitcoin securely holds $1.7T in capital.
Ki Young Ju argues this consistent investment over 16 years underscores Bitcoin’s fundamental strength, suggesting it’s not yet time to sell.
🏃♂️ #BNB The head of YZi Labs (formerly Binance Labs), retweeted CZ's tweet about a "crazy idea for a token issue" and announced that if there are developers who want to create projects based on CZ's idea, they can apply to YZi Labs and get "priority consideration" from YZi Labs.
CZ is not aware of the applications, but approves.
📊👀 #ETH needs to reclaim $2,460 to maintain investor confidence. Holding above this level could reduce selling pressure from 11.64 million investors holding 68.35 million ETH.
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📉 #NFT transaction volume over the past 7 days decreased 28.9% to $107.1M.
NFT sales on the Ethereum network reached ~$210M in February, the lowest in the last three months, and NFT sales on the Bitcoin network totaled approximately $100M in February, the lowest in the last four months.
💵👀 Circle minted another 250 million #USDC on the Solana network.
Circle has minted 8.75 billion USDC since January 1 of this year.
🇯🇵🕹 Japan's Finance Minister: Under certain circumstances, cryptocurrencies can indeed be taxed at 110% if the sale price is extremely high (compared to the purchase price). In other words, you need to make a lot of money from cryptocurrency to fall into the highest tax category where 110% applies.
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🔓📝 Upcoming major unlocks next week:
#JTO 3.77% ($27.93M) - Mar. 7
#MOVE 2.08% ($22.08M) - Mar. 9
#NEON 22.5% ($8.12M) - Mar. 7
#AI 13.3% ($4.15M) - Mar. 4
#XAI 3.37% ($3.12M) - Mar. 9
#TKO 5.89% ($2.55M) - Mar. 7
#GAL 1.59% ($2.51M) - Mar. 5
📊👀 #LINK could see a strong price rebound if it successfully reclaims the $14.83–$15.27 range as support.
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📉 #BTC Glassnode: Stablecoin outflows from exchanges are accelerating, significantly reducing on-chain liquidity. The recent drop in exchange net position change (highlighted in red) signals a critical challenge for maintaining bullish momentum. A trend reversal is essential for the bull market to continue.
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📊👀 IntoTheBlock: Ethena’s #USDe passed a crucial test following the recent Bybit hack. The stablecoin maintained its peg, swiftly processed large redemptions, and recovered from a brief discount—reinforcing market confidence in the stablecoin.
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🇺🇸🙌 #BTC Senator Ted Cruz: I want Texas to be the oasis for Bitcoin and crypto.
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🙋♂👀 #ETH Ethereum Foundation has appointed Xiao-Wei Wang and Tomasz Stanczak as co-executive directors
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📈🤔 #BTC CQ: When Bitcoin enters Shopping Area 1 or 2 (15-20% price drawdown), it has historically been a great time to accumulate in the bull market phase.
CEO CQ: Not financial advice, but you'll regret it within a year if you sell Bitcoin here
📊📉 #BTC Current data from CryptoQuant shows Bitcoin’s Estimated Leverage Ratio (ELR) on major futures exchanges remains low, with no significant buildup of high-leverage positions. This suggests reduced speculative activity, lowering the risk of sudden price spikes.
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🤑😱 Fear&Greed Index from #BTC and #ETH
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💵👀 Tether minted another 1 billion #USDT
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🎢🤔 #BTC The market cycle indicator suggests Bitcoin is undergoing a macro trend shift.
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🕵️ Over 34,600 #BTC have been moved into accumulation wallets
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📉 Pumpfun's fee income reached $75.28 million in February, down 38% from the previous month.
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🤑😱 #BTC The fear and greed index has risen to 26 - fear.
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🗓 Most Anticipated Upcoming Events of this Spring: #WCT, #ORI, #ANKR, #COTI, #ETH, #TRUMP, #FTT, #0G, #DOT, #CPOOL and #SOPH.
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🗣 Michael Saylor: Volatility is a gift to the faithful. It scares away the tourist, it scares away the lazy, it scares away the people that are already conventionally rich that have all the money.
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🗽👀 President Trump will host the first-ever White House Crypto Summit on March 7, 2025, in Washington, with crypto leaders, CEOs, and investors in attendance.
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🔓👀 #SOL #FTT FTX creditors rep: FTX sold 41 million blocked SOLs in three bankruptcy auctions. Buyers:
- Galaxy and Defiance: 25.5 million SOLs at a price of $64;
- Pantera and others: >13.6 million SOL at an average purchase price of ~$95;
- Figure and others: 1.8 million SOL at an average price of $102$.
🐶🐳 Whales bought over 910 million #DOGE in the last 48 hours
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🇨🇭🏦 President of the Swiss National Bank: Cryptocurrencies are extremely unstable and show security flaws
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🕵️ Short-term holders bought over 35,000 #BTC in the last 96 hours
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🔝 DropsTab: Top 10 Tokens Launched in February by FDV
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🔓👀 #SOL The founder of DeFiance Capital stated that he participated in OTC transactions of SOL via Galaxy at $64 and received these tokens today and has no intention of selling these tokens and believes the price of SOL will increase significantly in three months.
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🎧 #HBAR Snoop Dogg announced that he will no longer use Spotify and will move to Web3's streaming platform Tune FM (on Hedera)
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