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Сrypto news aggeregator by EXCAVO Main channel @excavochannel Admin: @excavo
📈🤔 #BTC Crypto enthusiasts on Twitter are buzzing about Bitcoin’s potential rise, driven by its correlation with the Global M2 money supply, which has surged to $81.4 trillion.
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🤔 #ETH Ethereum developers will launch a new 'Hoodi' test network on March 17 before launching Pectra on the main network. theblock.co
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🇺🇸👀 New Developments in #BTC State Bills:
Missouri: SB614 advances to Insurance & Banking Committee
New Hampshire: HB302 moves to Ways & Means Committee
📊👀 Rising Stablecoin Adoption in Latin America
A new Bitso report highlights growing #stablecoin use in Latin America, with users increasingly turning to Circle’s #USDC and Tether’s #USDT for financial stability.
📉😱 #ETH long-term holders are in fear. Remember, be greedy when others are fearful.
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🕵️ 400 #ETH deposited into Tornado.Сash, traced to Lazarus Group’s activity on the Bitcoin network.
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📈🤔 C.Q.: #USDT Expansion Signals #BTC Growth
USDT market cap is surging, with $5.75B in 60-day change and a $3.46B SMA, driving more liquidity into crypto. This trend historically correlates with higher Bitcoin prices, building momentum.
🗽🗣 Senator Cynthia Lummis: stablecoins is an innovative financial product that will safeguard users, not some mechanism to destroy our country.
Lummis also confirmed that the GENIUS Act passed the Banking Committee, bringing the US closer to #stablecoin regulation.
⏳⛏️ How long does it take to mine a #BTC block?
On March 10, a solo miner struck gold, solving a Bitcoin block with a $299 device and just 0.48 TH/s of hash power, earning 3.15 BTC (~$260K).
The odds of this happening? 1 in 1.6 billion. Or roughly once every 31,240 years if mining nonstop. Solo mining isn’t dead, but without serious hash power, it’s a lottery.
🥳🤝 Bitso has integrated the #TON blockchain, allowing users in Mexico, Argentina, Brazil and Colombia to buy, sell and spend Toncoin in local currencies.
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🐳🥱 #XRP whales have been unusually quiet. No major buying or selling in the past week.
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -527 BTC ($43.08M) 🔴
Blackrock outflows 568 BTC ($46.46M) and currently holds 567,991 BTC ($46.43B);
#ETH-ETFs:
NetFlow: -4,300 ETH ($8.09M) 🔴
Fidelity outflows 1,999 ETH ($3.76M) and currently holds 415,328 ETH ($781.65M).
🍿 #XRP FOX: SEC is negotiating whether XRP is a commodity, treating it on par with ETH.
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📊👀 #BTC C.Q.: The current stress level of STH is within the normal range for this cycle. The STH SOPR metric is at 0.96, while the market is in a post-ATH distribution phase. Fear among short-term holders helps identify moments of extreme seller exhaustion, which historically create opportunities for long-term investors.
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📉🤔 IntoTheBlock: Altcoin holders are feeling the squeeze, with some tokens hovering near 100% of holders in the red.
Nonetheless, analyzing on-chain data can be key, as strong on-chain usage metrics may signal that fundamentals remain sound, pointing to potential undervaluation.
🧑⚖️✅ #FTT U.S. Court approves 3AC's application to increase its $1.5 billion lawsuit against FTX. decrypt
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🙅♂️ #SOL Proposal SIMD-0228 failed to reach the required two-thirds approval threshold (66.67%), with a final approval rate of 61.39%.
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📈👀 The total number of #XRP addresses hit an all-time high of 6.87 million.
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👀 #BTC combines the scarcity of gold, the reliability of big tech, and the utility of cash. It’s the only asset reflecting the value, strength, and flexibility needed for a digital future.
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🥳🆕 Roadmap: doginme (#DOGINME) Added coinbase.com #Listing #Coinbase
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🖼 Top #NFT Collections by Trading Volume Growth in the last 30 Days
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🥳 #ENA BlackRock's BUIDL has surpassed the $1 billion mark in terms of assets, helped by a $200 million spinoff from the Ethena crypto protocol.
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🇺🇸📊 Kaiko Research: The number of active trading pairs on U.S. exchanges has increased moderately since the elections, amid growing optimism about the regulatory environment.
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🧑💻 Top cryptocurrency gaming projects by development since from last month. #EGLD #MANA #SKL
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🇺🇸📉 #BTC-#ETF's have seen outflows on 20 of the last 30 trading days. That's a sustained stretch of negative sentiment and heavy BTC selling.
Considering that pressure, Bitcoin's price is holding up surprisingly well.
📉 78% of all #ETH/#BTC trading days now in the red.
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🔜🆕 #REZ #GRASS #RARE Coinbase will add Renzo, Grass and SuperRare futures on March 20. x.com
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🇺🇸✅ The U.S. Senate Banking Committee approved a bill to regulate issuers of stablecoins, passing it by an 18 to 6 vote.
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🔝 Top 10 chains & YTD changes in the supply of stablecoins
Stablecoin supply on Solana surges 130% YTD. Since the start of the year, Solana stablecoin supply has jumped from $5B to $11.8B, with #USDC leading at $9.2B—similar to Base, where it accounts for 92% of stablecoins.
Meanwhile, USDC supply has risen 32% YTD, reaching $58B.
🆕👀 Coinbase added Pyth Network (#PYTH), Osmosis (#OSMO), and Convex Finance (#CVX). x.com
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