Delisting Scheduled ALPACA Forced Liquidation Scale Exceeds BTC
The 24-hour perpetual futures forced liquidation scale of ALPACA recorded $46.06 million, surpassing Bitcoin's liquidation scale of $43.49 million. On an hourly basis, ALPACA's liquidation scale is $8.93 million, while Bitcoin's is $2.43 million. Binance plans to delist ALPACA on May 12th at 12:00. ALPACA is currently trading at 1.0999 USDT, up 470% on Binance.
BTC Capital Inflow Resumes... Buying Sentiment Revives
Analysis suggests that capital inflow into BTC ETF and perpetual futures markets is reviving, strengthening buying sentiment. Matrix Port, a cryptocurrency financial service company, noted in a recent report that while BTC ETF experienced capital outflows since March 19 and perpetual futures open interest decreased, the situation changed last week. Approximately $3 billion was net-invested in BTC-related investment products, and perpetual futures open interest showed an increase again. Particularly, with funding rates remaining low, this indicates long-term investor-centered capital inflow rather than short-term overheating.
BlackRock Executive "BTC Spot ETF Capital Reinflow... Institutional Demand Increasing"
According to The Block, Robert Mitchnik, BlackRock's Digital Assets Head, stated at Dubai Token2049 that "Capital is flowing back into BTC spot ETF. Initially, individual investor demand was high, but over time, institutional demand from asset management firms is growing. This is not a temporary phenomenon."
US SEC Concludes PayPal PYUSD Investigation
Crypto News reported that the US Securities and Exchange Commission (SEC) has decided to conclude its investigation into PayPal's stablecoin PYUSD. PayPal announced that while the SEC issued a subpoena in November 2023 requesting PYUSD-related document submissions, they ultimately concluded the investigation in February 2025 with no further actions.
Russia Pursues Criminal Prosecution for Illegal Cryptocurrency Mining
Crypto News reported that Rosfin Monitoring, Russia's financial supervision agency, plans to criminally prosecute illegal cryptocurrency mining. Believing that illegal crypto mining contributes to money laundering, they are collaborating with the Russian Ministry of Finance and Central Bank to advance related plans. A draft law amendment is currently being prepared. Russia has already banned cryptocurrency mining in nine regions during winter.
Libre Tokenizes $500 Million Telegram Bonds
Coin Desk reported that Libre, an omnichain tokenization platform, plans to tokenize $500 million in Telegram bonds and launch a Telegram Bond Fund (TBF) on the Telegram Open Network (TON). The project collaborates with Brevanhower Capital, Hamilton Lane, and Nomura Holdings' crypto investment subsidiary Laser Digital.
Bloomberg Analyst "90% Probability of LTC·SOL Spot ETF Approval This Year"
Bloomberg Senior ETF Analyst Eric Balchunas shared Bloomberg Intelligence data on cryptocurrency spot ETF approval probabilities. The data estimates a 90% chance of LTC, SOL spot, and crypto basket/index ETF approval this year. XRP spot ETF approval probability is 85%, and Doge spot ETF is around 80%. Final ETF review deadlines are concentrated in the second half of 2025.
Camp Network Raises $30 Million Investment
Blockchain-based AI platform Camp Network announced raising $30 million. The round was led by 1kx and Blockchain Capital. Camp Network is a Layer 1 blockchain specialized in AI and IP, allowing users to register and tokenize their IP on-chain, train and deploy AI agents.
Trump's Former Lawyer Establishes Crypto Lobby Consulting Firm
Jim Trusty, Donald Trump's former lawyer, has established NexusOne, a cryptocurrency lobby consulting firm. The company offers services including arranging meetings with government officials, delivering policy recommendations, and providing regulatory advice.
Trump's Second Son "Banks Not Supporting Crypto Will Disappear in 10 Years"
Eric Trump, Donald Trump's second son, stated that banks will disappear within 10 years if they do not adopt cryptocurrency. In a CNBC interview, he warned that modern financial systems are slow, costly, and only beneficial to the ultra-wealthy, while crypto apps are fast and affordable.
Scroll Reaches Ethereum Rollup Stage 1
Decrypt reported that Scroll (SCR), an Ethereum zkEVM scalability project, has reached Ethereum Rollup Stage 1. Scroll explained that even if system errors or censorship occur, the network can continue processing transactions without interruption.
CBOE Futures Exchange Launches FTSE Bitcoin Index Product
The CBOE Futures Exchange (CFE) announced the launch of FTSE Bitcoin Index futures products. The product tracks the FTSE Bitcoin Reduced Value Index and can be settled in cash at maturity.
ETH Spot ETF Sees 26.2 Billion Won Net Inflow
According to Passyide Investor, a total of $18.4 million (approximately 26.2 billion won) was net inflows into the US Ethereum (ETH) spot ETF on April 29 (local time). This marks the fourth consecutive day of net inflows. Fidelity FETH alone saw net inflows of $25.5 million. In contrast, Grayscale ETHE experienced net outflows of $7.1 million. Other ETFs saw no inflows or outflows.
BTC Surpasses $95,000
According to Coinnis market monitoring, BTC has surpassed $95,000. Based on the Binance USDT market, BTC is trading at $95,008.
Get real-time news...Go to Token Post Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
