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Euro stablecoin project Qivalis adds 25 new members
The joint venture of European banks Qivalis, set to launch a euro-backed stablecoin this year, has added 25 new members. The financial institutions from a number of EU nations are bringing the total number of participants in the ambitious project to 37. Qivalis adds new members in major expansion Over two dozen banks have joined...Cryptopolitan
Wed, May 20
Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply
XRP’s supply mechanism is one of the most controversial talking points in the crypto market. XRP exchange reserves have been falling for months, and the on-chain numbers are glaring. Now, a crypto pundit on X is connecting that structural shift to a chain of events that could send the XRP price into...NewsBTC
Wed, May 20
Bitcoin Seeing A Crucial Shift In Demand Dynamics While Price Action Weakens
As volatility persists in the market, Bitcoin faces a potential retest of the $70,000 price level following the recent pullback. With this waning price action, demand for the flagship asset among investors and traders is exhibiting a trend that could spell trouble for its near-term direction. Demand...Bitcoinist
Wed, May 20
Washington Targets Iran’s $7 Billion Crypto Network To Cut Off Financial Channels—FOX
US authorities are reportedly stepping up efforts to disrupt Iran’s cryptocurrency activity, as Washington works to choke off financial channels linked to the regime amid escalating tensions in the Middle East. ‘Breadcrumbs’ In Crypto A FOX Business report released Wednesday points to new figures fr...Bitcoinist
Wed, May 20
South Korean funeral firm loses $33M of customer prepayments on leveraged crypto ETF
Bumo Sarang, a South Korean funeral mutual aid company, recorded 49.3 billion won ($33 million) in unrealized losses after an audit revealed where it was investing its customers’ prepayment funds. The money was put into a leveraged cryptocurrency ETF tied to Bitmine (NYSE: BMNR), where it crashed and lost over half of its value. An...Cryptopolitan
Wed, May 20
Trump administration defends prediction markets as JPMorgan and Hadrius rush to police traders
The federal government has sued Minnesota over a new law that bans residents from using betting platforms where people can wager on things like sports results and economic events. Minnesota is the first state to ban prediction market platforms such as Kalshi and Polymarket. Governor Tim Walz signed the law on Monday after it received...Cryptopolitan
Wed, May 20
Hyperliquid ETFs Send HYPE Closer To All-Time Highs—Here’s What The Data Shows
Market analyst Aletheia released a report on Wednesday, taking a close look at the first six days of trading for Hyperliquid ETFs launched by 21Shares and Bitwise. The analysis focuses on how early inflows are stacking up across major crypto assets and what those moves may signal for demand going fo...NewsBTC
Wed, May 20
Why The XRP Price Can Touch $589 As It Takes On $73 Trillion Industry
The idea of XRP trading at $589 may sound unrealistic at first, but the rationale behind it is not based on a normal crypto rally. Instead, it is based on a scenario where the XRP Ledger becomes part of high-value delivery-versus-payment settlement at the DTCC/CLS layer, with the altcoin acting as t...NewsBTC
Wed, May 20
XRP Whales Have Just Set An 8-Year Record, Is This The Start Of The Next Bull Run?
More of XRP’s supply is being chipped away, as whales continue to accumulate the token, increasing their control of the cryptocurrency. According to new reports from on-chain analytics platform Santiment, Whales are currently holding over 450 billion coins, setting a record 8-year high. With more to...Bitcoinist
Wed, May 20
Solana ETF Falls Behind As XRP Collects More Cash—Here’s The Catalyst Driving The Split
XRP exchange-traded funds (ETFs) have pulled in more money than their Solana ETF counterparts even though SOL has largely outperformed XRP on price during much of the year. The difference, according to market expert Sam Daodu, appears to come down to what’s happening on the regulatory and institutio...NewsBTC
Wed, May 20
Arthur Hayes’ Bombshell CLARITY Act Warning Just Resurfaced — And The Timing Couldn’t Be Worse
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, called for the CLARITY Act to be vetoed in a recent interview with Scott Melker, host of The Wolf of All Streets — comments that have resurfaced at a moment of peak legislative momentum, just days after the bill cleared th...Bitcoinist
Wed, May 20
Zcash (ZEC) Technical Setup Continues Strengthening Above Key Macro Resistance
The ZEC technical structure continues to strengthen after breaking above a key macro resistance level that had capped price action for an extended period. Following a successful breakout above a long-standing descending trendline, the asset has continued to hold above key levels that previously serv...NewsBTC
Wed, May 20
BingX Unveils “Infinite Vision” on 8th Anniversary, Accelerating Multi-Asset Expansion
PANAMA CITY, May 20, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today marked its 8th anniversary with the unveiling of its “Infinite Vision”, a long-term strategy that reflects the company’s evolution from a crypto exchange into an AI-native, multi-asset trading platform. It also embodies BingX’s ambition to go beyond crypto and build...Cryptopolitan
Wed, May 20
Top Crypto Exchange Expands Into UK With New Local Platform
European crypto exchange WhiteBIT is entering the United Kingdom (UK) market with the launch of a dedicated platform, marking a strategic push into one of the world’s most established financial hubs. Related Reading: Japan To Recognize Foreign Stablecoins As Electronic Payment Instruments Starting J...Bitcoinist
Wed, May 20
Is Europe preparing to rewrite MiCA crypto rules?
The European Commission opens a review of Markets in Crypto-Assets Regulation (MiCA). The EC is asking whether the regulations still match the rapidly evolving market or it requires any new adjustments. MiCA turned out to be the first broad crypto rulebook that got the support of a major economy. However, Policymakers in parts of Asia,...Cryptopolitan
Wed, May 20
European banks back Amsterdam-based Euro stablecoin project Qivalis
Qivalis, an Amsterdam-based financial company, has gained the support of 37 European banks to launch a Euro-pegged stablecoin in the second half of 2026. The project seeks to challenge the dominance of US Dollar (USD) stablecoins, including Tether's USDT and Circle's USDC.Fxstreet
Wed, May 20
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