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Сrypto news aggeregator by EXCAVO Main channel @excavochannel Admin: @excavo
👨⚖ #MNGO A US judge has overturned the fraud and market manipulation convictions of exploiter Mango Markets, ruling that the Mango system could not have been defrauded in a legal sense because the defendant simply used poorly designed code without authorization - without making any false statements.
Previously:
- Mango Markets winding down operations;
- Mango Labs filed a lawsuit against two Mango DAO leaders for allegedly embezzling $10 million dollars.
🔮 James Wynn: #BTC will reach $118,000-121,000 next week and could rise to $110,500 today.
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🇺🇸🫂 #TRUMP In addition to Justin Sun, the largest holders of the TRUMP token at Trump's crypto dinner also included the founders or CEOs of BitMart, Wintermute, Delphi Digital, CTS International, Hyperithm, Origin, Acheron Trading, Magic Eden, Synthetix, and Kronos. nytimes
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📊👀 #ETH Glassnode: There is a notable cluster of investor cost basis levels around $2,800 for ETH.
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🤑😱 #BTC The fear and greed index is 66 - greed.
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🔍 James Wynn closed his longs on #ETH and #SUI, losing ~$5.3M. He then doubled his long on #BTC, increasing his position to 11,070 BTC ($1.19B) - now down over $20M including funding fees.
Its liquidation price is $104,820.
📈 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled $211.7 million.
Total net inflows of spot ETH-ETFs amounted to $58.6 mln.
🇺🇸🎉 #BTC Texas governor backs BTC reserve bill. cointelegraph
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🇺🇸🧐 35 US House members have asked the DOJ to investigate Trump’s memecoin dinner for potential violations of the federal bribery statute and the Constitution’s emoluments clause. #TRUMP
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🇦🇪🏠 #XRP #RWA Dubai Government launches real estate tokenization pilot on the XRP Ledger via local issuer, slashing transaction costs by 50% - Dr. Mahmoud AlBurai.
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🇺🇸🇪🇺 Trump: Not going to make a deal with the EU. If they start building factories in our country, I'll consider delaying duties. #tradewars
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📊👀 Over 420K #BTC have a cost basis near $94K, forming one of the strongest support zones of the current cycle.
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💸 James Wynn lost $22.7M in 24hr including funding.
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +8,725 BTC ($954.77M) 🟢
Blackrock inflows 7,862 BTC ($860.31M) and currently holds 651,617 BTC ($71.31B);
#ETH-ETFs:
NetFlow: +18,358 ETH ($47.31M) 🟢
Fidelity inflows 15,984 ETH ($41.19M) and currently holds 410,157 ETH ($1.06B).
📊💪 CQ: #TRX bullish momentum remains strong. Historically, when buying pressure reaches high levels, it often signals the formation of price tops. However, this has not occurred yet, suggesting that TRX still has healthy room for further upside.
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🕵️♂️ James Wynn closed the #PEPE long with a total profit of $25.19 million. Only long #BTC (11,588 BTC) positions remain with a liquidation price of $105,180.
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🔝📱 #TON Pavel Durov: Telegram climbed up in the rankings of the most downloaded apps of Q1 2025.
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🆕 #OBT added to Binance Alpha projects
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📊🪨 BlackRock bought 3,950 #BTC worth $430.8M and now hold 655,000 BTC. They have also bought $52.8 worth of #ETH.
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💸 #BTC Over the past 24 hours, contracts worth ~$635.02 million have been liquidated, of which longs have liquidated ~$545.78 million and shorts ~$89.24 million.
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👋 #POL Polygon co-founder resigns from Polygon Labs and Polygon Foundation board positions, citing diverging vision. theblock.co
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🇺🇸 #BTC SEC considers approving BTC index options trading on Nasdaq. x
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🇺🇸🗣 Treasury Secretary Scott Bessent: We are going BIG on Digital Assets
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🔓📝 Upcoming major token unlocks:
#BIO 17.37% ($28.38M) – May 28
#REZ 12.16% ($5.39M) – May 30
#KMNO 5.50% ($6.49M) – May 30
#OP 1.83% ($26.15M) – May 31
#SUI 0.88% ($114.56M) – June 1
#DYDX 1.07% ($6.01M) – June 1
#ZETA 1.58% ($3.74M) – June 1
🤔 #BTC David Bailey: If you’re selling Bitcoin because Europe just got slapped with tariffs, you don’t understand the point of Bitcoin and you’re NGMI.
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💼 Wall Street is coming for half of #BTC
By 2045, treasury companies are projected to control 50% of all BTC in circulation. MicroStrategy alone could hold $70 trillion worth of Bitcoin — more than any company in history.
💰 #BTC Semler Scientific announced a new purchase of 455 BTC for $50 million at an average price of $109,801. The firm now holds 4,264 BTC with a total acquisition cost of $390 million and a current estimated value of $450 million.
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🤔 Jim Cramer says it is "too early" to call the market bottom.
Meanwhile #BTC is up >40% since Cramer's previous prediction of a 'Black Monday' by Cramer.
🕵️ Whale/institutional wallet "0xd41A" bought 2.16M #UNI ($13.26M) in the past 5 days.
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🇺🇸🗣 #USDT Paolo Ardoino: If Tether were a nation, we’d be the 18th largest holder of US Treasuries, owning more than Germany, the UAE, Spain, or Australia. We are spreading the US dollar hegemony.
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