Qivalis Adds 25 Banks Across 15 Nations as Bank of England Maps Stablecoin Rules

The Qivalis consortium expanded its membership to 37 institutions on Wednesday, adding 25 new banks across 15 European countries as it advances toward a regulated euro stablecoin launch in the second half of 2026. The Amsterdam-based group now counts ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo among its members, broadening the projects footprint into core European banking. Chairman Howard Davies said the consortium is “ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money.” The expansion lands as US dollar-pegged tokens still command roughly 98% of global stablecoin market share.  Spain emerged as the most represented jurisdiction in the latest membership wave, with ABANCA, Banco Sabadell, Bankinter, Cecabank and Kutxabank all joining. The country has separately shown the strongest retail uptake of Circle‘s EURC, making it a natural focal point for euro-denominated blockchain payments. Italy added two new members, while France, Sweden, Greece, the Netherlands, Finland and Ireland each contributed two more institutions. The diversified roll-call strengthens the consortium’s ambition to deliver a unified MiCA-regulated rail despite recent comments from ECB President Christine Lagarde arguing that private stablecoins are not the right vehicle for advancing the euros global standing.  Prop trading

05-21

Key XRP Metrics Signal Bullish Shift After Weeks of Heavy Sell-Offs

Bybits XRP deposit dominance faded significantly as withdrawal transactions overtook deposits on Binance and Coinbase during the latest exchange rotation.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  XRP exchange-flow activity is beginning to show a different pattern after several weeks of steady deposit pressure centered on Bybit, according to new analysis from CryptoQuant.  Data from the XRP Multi-Exchange Daily Depositing/Withdrawing Transactions Delta shows that Bybits transaction delta moved back close to neutral around May 16 and ended

05-21

FLOKI Price Prediction: December Breakout Target $0.000040 as Support Holds

The Immediate Setup  FLOKI trades at $0.00003006, positioned precariously near its lower Bollinger Band with an RSI reading of 39.21 that suggests oversold conditions are building. The MACD histogram sits at zero, indicating momentum has stalled, while the Bollinger Band position of 0.12 shows the token hugging critical support levels that often mark accumulation zones in meme coin cycles.  Trading volume of $2.35 million on Binance reflects muted retail interest, a pattern that frequently precedes significant directional moves in smaller cap tokens. The stochastic indicators at 6.88 (%K) and 5.51 (%D) confirm oversold conditions on shorter timeframes, creating potential bounce scenarios if buyers emerge at these compressed levels.  Technical Structure Analysis  The current price action reveals a consolidation pattern testing the durability of support established over recent weeks. FLOKIs position at the lower Bollinger Band represents a technical inflection point where either capitulation accelerates or smart money begins accumulating ahead of the next cycle. Blockchain.news analysis of similar meme coin setups shows tokens trading near these technical extremes typically resolve within 15-20 trading days.  Historical data suggests tokens maintaining RSI levels between 35-40 while holding Bollinger Band support experience bounce rates exceeding 60% when accompanied by stabilizing volume patterns. The absence of panic selling despite

05-21

Solana price down today: why?

Today the price of SOL, Solanas native cryptocurrency, is down.  In reality the drop already started last Tuesday, and today it is simply continuing.  It is therefore necessary to understand not only what the causes are, but also whether it is destined to end or not.  The drop  On Tuesday, May 12, a new decline in the price of SOL began, which in fact is still ongoing today.  However, it should be specified that in the previous seven days it had risen from $84 to over $98, with +18% which, in a market phase like this, seemed a bit unusual.  It should also be said that starting from February 12, that is three months earlier, it entered a sideways phase between $78 and $98, and this already explains many things.  To tell the truth, starting from mid-April the lower line of the sideways movement rose, first to $79 and then to $82, and this makes the situation even clearer.  In other words, this sideways phase is simply continuing.  When on May 11 the price of Solana tested the $98 wall, not only did it fail to break through it, but it then almost immediately recorded a reverse rebound that is bringing it back towards the lower point of the

05-21

Solana Price Prediction: Goldman Sachs Dumps SOL ETFs as Funding Rates Turn Negative

Solana trades at $84.86 on May 20, pressing the rising channel trendline for the second day running, as Goldman Sachs reveals it cleared its entire $SOL ETF position in Q1 and futures funding rates flip negative for the first time since February.  $SOL Daily Chart: Channel Trendline Holding With a Liquidity Zone Below  Solana Daily Price Action (Source: TradingView)  $SOL is sitting on the lower rail of the rising channel from the February low at $67. Below that, a liquidity sweep zone between $76 and $78 marked by the LuxAlgo indicator becomes the target if the channel breaks on a daily close.  All four EMAs are above price. The 20 EMA at $87.84 and 50 EMA at $87.66 are the immediate ceilings, followed by the 100 EMA at $92.95 and 200 EMA at $109.58. Price has not closed above the 20 EMA since May 16. A pink liquidity zone near $96 to $98 marks where price was rejected on May 11 and remains the level that needs clearing before any recovery attempt holds.  $SOL Key levels for May 21:Resistance: $87.84 (20 EMA), $87.66 (50 EMA), $92.95 (100 EMA), $96 to $98 rejection zoneSupport: Channel trendline near $84, $76 to $78 liquidity sweep zone200 EMA: $109.58  Solana

05-20

Will Dogecoin price break out as it forms a giant round bottom pattern?

Dogecoin price has remained under pressure over the past few months, but a growing combination of bullish technical signals, rising retail utility, and renewed speculation surrounding Elon Musks involvement with crypto payments is beginning to shift market sentiment.  According to data from crypto.news, Dogecoin ($DOGE) was trading near $0.103 on May 20 after stabilizing above the key psychological support zone around $0.10. While the memecoin remains significantly below its 2024 highs, technical analysts are increasingly pointing to the formation of a giant rounded bottom pattern on the daily chart, a setup often associated with long-term bullish reversals.  The chart shows Dogecoin spending several months carving out a broad curved structure following its prolonged downtrend from late 2025 highs near $0.30. The pattern resembles a classic rounded bottom, where selling pressure gradually weakens before buyers begin reclaiming control over a longer period.  $DOGE has also managed to reclaim its Supertrend indicator support around $0.1006, while the Aroon Up indicator recently surged toward 100%, signaling strengthening bullish momentum and a possible continuation of the emerging uptrend.  If the rounded bottom structure confirms with a breakout above the neckline resistance near the $0.12–$0.13 region, the next major upside target could stand near $0.27–$0.30, representing nearly a 190%

05-20

DRV rises over 6% after Coinbase roadmap listing: how high can it climb?

Derive ($DRV) has posted strong gains over the past 24 hours after being added to Coinbases listing roadmap, with the token climbing more than 6% to trade near $0.083.  The token is up more than 259% over the past year and has recovered sharply from its all-time low of $0.01244 recorded in April 2025, although $DRV remains about 63% below its all-time high of $0.2283 reached in January 2025.  Coinbase listing boosts $DRV momentum  $DRVs rally followed confirmation that Coinbase has added $DRV to its listing roadmap, which would expose the token to a significantly larger pool of retail and institutional traders.  Listings on major exchanges often increase liquidity and trading participation, particularly for mid-cap decentralised finance projects.  In $DRVs case, the addition to the listing roadmap coincided with a sharp increase in trading activity, with 24-hour volume climbing above $1.4 million.  The move also triggered renewed interest in the Derive ecosystem.  The protocol currently holds more than $123 million in total value locked, showing that user capital inside the platform remains relatively strong even after the broader crypto market experienced periods of heavy volatility earlier this year.  The price action following the addition to the roadmap showed aggressive buying pressure as $DRV broke above the $0.082 resistance

05-20

Singapore revokes crypto payment licence of Bsquared over regulatory breaches

Singapores central bank has pulled the crypto payment licence of Bsquared Technology Pte Ltd, stripping the firm of its right to provide digital payment token services after uncovering a series of breaches.  In a Wednesday announcement, the Monetary Authority of Singapore (MAS) said it revoked Bsquared‘s Major Payment Institution Licence after an on-site inspection found weaknesses in the company’s risk management practices and conflict-of-interest policies, as well as failures to comply with the regulators outsourcing guidelines.  MAS said Bsquared provided false or misleading information on multiple occasions, from its initial license application through the inspection itself.  Bsquared, also known as BSQ, obtained its license 16 months ago after receiving approval to offer digital payment token services under Singapores Payment Services Act 2019.  MAS orders Bsquared to submit a closure certificate  The company is required to submit a closure certificate from its auditors confirming that all customer funds have been returned to their recipients. Bsquared told MAS it held no outstanding customer assets.  “MAS takes a serious view of the breaches committed by BSQ, and is reviewing the responsibilities of key officers of BSQ,” the central bank added.  MAS revokes Bsquareds license. Source: MAS  MAS has granted 37 digital payment token services licenses so far, and revocations remain uncommon.

05-20

SOL Negative Funding Rate Highlights Falling SOL Demand

Key takeaways:Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions.Rival networks like Base and Hyperliquid pose direct threats to Solana by aggressively capturing DEX market volume.  Solanas native token $SOL ($SOL) faced a 15% correction following a rejection at $98 on May 11. A retest of the $83 level on Tuesday was followed by negative futures funding rates, indicating increased demand for short $SOL positions.  While declining network activity contributed to the price drop, competition among rival blockchain networks has picked up.  $SOL perpetual futures annualized funding rate. Source: Laevitas  The $SOL perpetual futures funding rate stood at -3% on Tuesday, down considerably from the +8% on Saturday. During neutral market conditions, this indicator hovers near +9% to account for the cost of capital and exchange risk. Demand for bullish leverage has been largely absent since Saturday, when $SOL price slipped below $90.  Solana DEX activity has declined by 56% since January  Declining activity on Solanas decentralized exchanges (DEXs) has reduced ecosystem revenue and demand for $SOL. This reduced appetite for decentralized applications (DApps) was not exclusive to Solana, but growing competition poses a major threat, as investors fear that demand for memecoins has faded for good.  Solana weekly DEX volumes, DApps revenue,

05-20

Heres why the Venice AI token price is going parabolic and what next

Venice AIToken price is getting supercharged today, May 20th, helped by the recent Robinhood listing, upcoming NVIDIA earnings, growing usage, and increased $VVV token burns. The token has jumped for four consecutive days and is now nearing its all-time high.  Venice AI users are growing  In an era when popular companies like ChatGPT and Anthropic are thriving, it is hard for a less-funded competitor to thrive. Yet, this is what Venice AI is doing.  For starters, Venice AI is a top player in the artificial intelligence industry, where it provides a privacy-focused platform. Its service is unique because it lets users search several models like ChatGPT, Grok, Claude, and DeepSeek in a single platform.  It uses a freemium model, where users can find answers for free, or pay to access more services. There are signs that this model is gaining traction as traffic to its website has surged to over 8 million per month. Also, the number of users has jumped to over 3 million.  This growth is important for Venice and the $VVV token. For Venice, it means that it is making a higher volume than before. This, in turn, has led to more token burns as the company normally uses part of the

05-20
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