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Сrypto news aggeregator by EXCAVO Main channel @excavochannel Admin: @excavo
🍿 Coinbase CEO: I expect there will be another vote on the Stablecoin bill early next week after more debate, this was the first round of negotiations. Once all members have had time to familiarize themselves with the text and make a few changes, I suspect the bill will be one step closer to the president's desk.
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🤖💰 #AI xAI is in talks to raise $120 billion, up from an estimate of $80 billion a month ago.
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🍿 #USDT CEO of Rumble: Rumble Wallet in partnership with Tether will directly compete with Coinbase. Our goal is to become the most prominent non-custodial BTC and stablecoin wallet. Coming out in Q3 of this year.
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📊🤔 #BTC open interest as a percentage of market cap remains comfortably below 2%. This is the key difference in market flows between the January all-time high and the current pricing.
Pure spot demand—over the past two weeks, price has climbed while open interest as a % has declined.
🤔 Meta is exploring the integration of stable coins for payments on its platforms. cointelegraph.com
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🤔 #ETH’s prices during #BTC’s last five $100K surges
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🇺🇸⚖️ #XRP The SEC has announced a settlement with Ripple
The parties have agreed that Ripple will pay $50M of the original $125M penalty, with the rest being returned to them. Both sides will drop appeals if the court agrees to lift the injunction placed on Ripple.
📈 Over the past 24 hours, crypto market capitalization has made a massive jump, adding $235 billion - one of the largest one-day gains in history.
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📉 #COIN Coinbase reported revenue of $2 billion for the first quarter, falling short of analysts' expectations and below the $2.27 billion reported in the fourth quarter.
Trading volume fell 10% to $393.1 billion and transaction revenue fell 19%.
👨⚖ #CEL Celsius founder Alex Mashinsky sentenced to 12 years for cryptocurrency fraud.
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📊📈 #BNB Binance Wallet dominates in terms of transaction volume with a massive 82.1% market share.
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🗽📝 FOX publishes the full text of Ritchie Torres' bill banning federal officials and their fam members from profiting off of meme and stablecoins has been formally introduced. #stablecoin
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📊👀 #ETH The key supply barrier for Ethereum sits at $2,380. Clearing this level could ignite a new bull rally.
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💸 #SOL Solidus Labs data: 98.6% of the 7 million tokens launched on PumpFun since 2024 are Rug Pull.
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📈 #BTC ranked fifth among all assets by market capitalization.
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📊 #BTC Santiment: 344,620 new wallets were created on the Bitcoin network due to rising FOMO, and BTC itself hit its highest since January.
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🇯🇵 #BTC Metaplanet will issue ~$21.25M in bonds to increase its BTC assets.
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📊 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled $117.4 million.
Total net outflows of spot ETH-ETFs amounted to $16.1 mln.
🇰🇷📈 South Korean exchange Bithumb is causing a rapid increase in token prices after announcing its listing in 2025. For example, #XYO +105% and #EPT +51.6% soared less than a day after the announcement, demonstrating the powerful "Bithumb" effect in action.
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📈 Tether's #USDT supply surpasses $150 billion
The chains that contribute the most to USDT's supply: TRON ~$73.72B and Ethereum ~$71.59B
📈 #BTC is now #5 top Asset by Marketcap passing Amazon
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💸 CoinGlass: > $790 million liquidated today (most liquidations were #ETH).
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🇺🇸🇨🇳 US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week. nypost #tradewars
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🤔 META is in talks to launch its own stablecoin. fortune
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🇺🇸🙅♂ The US Senate voted to repeal the Stablecoin bill.
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +335 BTC ($33.88M) 🟢
ARK21Shares inflows 567 BTC ($57.36M) and currently holds 48,234 BTC ($4.88B);
#ETH-ETFs:
NetFlow: -10,910 ETH ($22.36M) 🔴
Blackrock outflows 10,791 ETH ($22.11M) and currently holds 1,252,768 ETH ($2.57B).
🇺🇸🙋♂️ #SOL Solana Treasury Reserve Strategy company (UPXI) files with SEC to buy 201500 more SOL. sec.gov
Upexi Increases Solana Treasury to 201,500 Solana Tokens for $30 Million and Begins to Generate Staking Revenue Company has over $60 million in cash remaining to invest further in SOL.
🗣 CZ: #BTC is easy, just don’t panic sell
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✅ Approved proposal to replace #MKR with #SKY as the sole token to manage and implement steaking and rewards in #USDS.
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