Qivalis aims to launch a euro-backed stablecoin by year-end to challenge USD dominance in tokenized finance. A pan-European stablecoin initiative, Qivalis, has expanded to include 37 lenders as it prepares to issue a euro-denominated stablecoin later this year. The project
Crypto market trades within narrow range The crypto market has been trading within a very narrow range centered on $2.56 trillion over the last four days. Bitcoin is holding above the 50-day moving average, while Ethereum has failed to do so. The market has
The exchange will open NEX/USDT trading at 15:00 UTC, with deposits already available on the ETH-ERC20 network. KuCoin will list Nexus (NEX), a Layer 1 blockchain designed for verifiable finance and high-frequency AI-era infrastructure, on May 20, 2026. Trading for the NEX
U.S. spot Bitcoin ETFs record $331 million outflows U.S. spot Bitcoin ETFs experienced significant outflows, totaling $331 million. The largest portion of these outflows, $326 million, came from BlackRock's IBIT. Spot Ethereum ETFs also saw outflows, totaling $62.30
Spot BTC ETF outflows and rising Treasury yields pressure Bitcoin, keeping it near $77,190 amid broader crypto market caution. Bitcoin traded near $77,190, up 0.29%, as persistent spot BTC ETF outflows and elevated Treasury yields dampened market sentiment. Ethereum fell 0
Duan Yongping buys $19.08 million stake in Circle Duan Yongping, often referred to as "China's Buffett", has disclosed a first-time stake in Circle Internet Group. He purchased 200,000 shares at an average cost of about $95.41. The position represents about 0.095
White House Signals Imminent Strategic Bitcoin Reserve Update Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets, said a formal update on the U.S. Strategic Bitcoin Reserve is nearing release, citing a “breakthrough” on t
Ethereum Network transactions on Binance will pause for maintenance starting 05:55 UTC on May 21, 2026. Binance will suspend deposits and withdrawals on the Ethereum Network (ETH) at 05:55 UTC on May 21, 2026, ahead of scheduled wallet maintenance. The maintenance window b
Wallets tied to venture firm a16z hold 4.92 million HYPE tokens, valued at approximately $183 million, per onchain data. Wallets linked to venture capital firm a16z have accumulated 4.92 million HYPE tokens, worth about $183 million, becoming the sixth-largest holder of th
Hackers exploit bridge for over $11 million A cross-chain bridge between Verus and Ethereum was attacked, resulting in a loss of over $11 million. The issue is similar to past bridge exploits, such as Wormhole and Nomad, and stems from verification failures.