Crypto exchange-traded fund (ETF) markets remained under pressure on Wednesday as bitcoin funds extended their losing streak to four consecutive sessions, while ether ETFs marked an eighth straight day of outflows. XRP ETFs Attract Fresh Inflows While Solana Products Pause After Strong Run The selling wave across digital asset ETFs has slowed in size, but […]
25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based payment infrastructure independent of U.S.-dominated networks. European Banks Expand Qivalis to 37 Members Across 15 Countries A growing coalition of European banks is accelerating efforts […]
The privacy coin Zcash jumped over 17% in six hours, hitting a new year-to-date high on May 20. The rally pushed its monthly gains past 90% and its market capitalization over the $11 billion threshold, eclipsing rival monero. Zcash Hits New YTD High Privacy coin Zcash (ZEC) surged to a new year-to-date high on May […]
Bitcoin trades modestly higher early May 20 at 8 a.m. ET, holding near the mid-$77,000 range as traders evaluate mixed technical indicators and tightening resistance levels. Market participants continue watching whether BTC can reclaim higher resistance zones after stabilizing above a key support cluster near $76,000. Bitcoin Chart Outlook Bitcoin is priced at $77,440 during […]
Wallets linked by onchain analysts to venture capital firm a16z crypto have accumulated over $90 million worth of HYPE tokens since mid-April, making them the sixth-largest holder and potentially the largest external institutional position in Hyperliquid’s native asset. Data Points to a16z as the Largest External HYPE Holder Wallet address 0xb5E4, whose funding history and […]
Following parliament’s approval of its first digital asset legal framework, Rwanda’s Capital Markets Authority is establishing a strict regulatory regime for cryptocurrencies. Mandatory Licensing for Crypto Service Providers Rwanda’s Capital Markets Authority (CMA) has outlined how its upcoming virtual asset regulations will govern cryptocurrency trading, token issuance and digital investment platforms, following Parliament’s recent approval […]
U.S. Senator Cynthia Lummis has warned that China and Europe are actively competing with the United States for leadership in cryptocurrency and digital asset development, urging Congress to accelerate pending crypto legislation. US Cannot Afford to Fall Behind China and Europe, Says Lummis Speaking on the state of U.S. crypto policy, Senator Lummis, one of […]