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20 May 2026, 11:04
Trump opposes CBDC as US quietly advances digital dollar

🚨 Trump confirmed he will not allow a US CBDC if elected. Active digital dollar research continues within the Fed despite political opposition. 🕵️♂️ Key point: Global projects like Project Agora push the US toward rapid blockchain innovation in $BTC. Continue Reading: Trump opposes CBDC as US quietly advances digital dollar The post Trump opposes CBDC as US quietly advances digital dollar appeared first on COINTURK NEWS .
20 May 2026, 11:02
FedNow Contributor Explains How Banks Could Use XRP

Crypto analyst STEPH IS CRYPTO has shared comments from FedNow contributor Jess Cheng that described how banks could reportedly use XRP to facilitate cross-border settlements without relying on traditional intermediary banking relationships. In a recent tweet, STEPH IS CRYPTO described the remarks as significant, writing that Cheng explained “how banks could use XRP for cross-border settlement” in what was described as an “off-the-record” video. The post focused on Cheng’s explanation of how financial institutions could use XRP as a bridge asset between two separate banking systems. The comments centered on a hypothetical scenario involving two institutions, Alphabank and Betabank. According to Cheng, banks often rely on a common account holder or intermediary institution to move funds across borders. However, she said there may be another option that removes the need for that arrangement. CRAZY: FedNow contributor Jess Cheng reportedly explained in an “off-the-record” video how banks could use $XRP for cross-border settlement. pic.twitter.com/b7IubtW1Qx — STEPH IS CRYPTO (@Steph_iscrypto) May 18, 2026 XRP Presented as a Bridging Tool Between Banks During the explanation, Cheng said banks could use XRP as a “bridging tool” to connect payment systems directly. She described XRP as a digital asset native to the Ripple Consensus Ledger and explained that it could help bridge settlement gaps between financial institutions operating in different jurisdictions. Cheng contrasted the XRP-based process with traditional fiat-based payment chains, where every stage of a transaction depends on national currencies and intermediary relationships. In her example, Alphabank and Betabank could instead use virtual currency only at the settlement layer, while customers continue transacting in local fiat currencies. The scenario involved a Brazilian company, Alphacorp, making a payment to a Thailand-based company, Betacorp. Cheng explained that the Brazilian real would be withdrawn from the sender’s bank account while the Thai baht would be deposited into the receiver’s account. The challenge, according to her explanation, is how the two banks would settle obligations when they do not share a direct banking relationship. Example Focuses on Emerging Market Transactions Cheng stated that this type of system could be particularly useful for banks supporting emerging markets. She explained that it may be difficult to find institutions with correspondent accounts in both Brazil and Thailand, especially when handling less common currency corridors. According to the explanation, Alphabank could hold XRP while Betabank agrees to accept XRP as settlement for the transaction. The balances would then be recorded on a distributed ledger associated with the Ripple Consensus Ledger. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 She further stated that both banks could agree commercially that payment is completed once a certain amount of XRP is transferred from one institution to the other. Cheng added that the banks would effectively determine an exchange rate between XRP and the fiat currencies involved in the transaction. XRP’s Banking Use Case Continues to Draw Attention The video excerpt shared by STEPH IS CRYPTO has gained attention within the digital asset community because it discusses XRP in the context of institutional settlement and international banking operations. Supporters of XRP have long argued that the asset’s primary utility lies in helping financial institutions move value quickly across borders while reducing reliance on pre-funded accounts and multiple intermediaries. Although the comments referenced a hypothetical example rather than an announced implementation, the clip has renewed interest in XRP’s potential role in cross-border payment infrastructure and bank-to-bank settlement systems. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post FedNow Contributor Explains How Banks Could Use XRP appeared first on Times Tabloid .
20 May 2026, 11:00
Hedera (HBAR) And Quant (QNT): As Enterprise Tokenization And Interop Pilots Scale, Do HBAR And QNT Emerge As Corporate Settlement Rails Or Remain Narrative‑Dri...

As enterprise tokenization and interoperability pilots transition from theoretical testing to real-world deployment, Hedera (HBAR) and Quant (QNT) sit at the forefront of the corporate blockchain narrative. However, while both ecosystems boast impressive institutional partnerships, their technical market structures tell two very different stories. Over the last 30 days, HBAR has compressed near its range lows, struggling to find buyers willing to pay a premium for its tokenization story. Conversely, QNT is showing remarkable resilience, trading in the upper half of its range and defending critical support levels. The core question for the market is whether these tokens are finally transitioning into fee-anchored corporate settlement rails, or if they remain purely cyclical, narrative-driven infrastructure plays. Hedera (HBAR): Tight Band Near Range Lows Source: tradingview Hedera is currently hugging the absolute bottom of a very narrow 30-day trading band. The market is not aggressively dumping the asset, but it is demonstrating a clear lack of urgency to accumulate. The Fibonacci Map ($0.08856 to $0.09693): 23.6% Retracement: $0.09054 38.2% Retracement: $0.09176 50.0% Retracement: $0.09275 61.8% Retracement: $0.09373 Immediate Resistance: $0.0905 to $0.0915: This band includes the 23.6% Fibonacci level and the 30-day Simple Moving Average (SMA) proxy. A daily close above this zone is required to signal constructive mean reversion. $0.0918 to $0.0937: This represents the main "supply shelf" inside the recent range, containing the 38.2% to 61.8% retracements. Clearing this opens the path back toward $0.095. Critical Support: $0.0885 to $0.0890: The 30-day swing low sits exactly here. A sustained daily close below $0.088 breaks the entire 30-day structure and signals a deeper correction. Quant (QNT): Near Top Half Of Local Range Source: tradingview In sharp contrast to HBAR, Quant is demonstrating significant structural strength. It is trading comfortably above its short-term SMA proxy and sits securely in the upper half of its recent local range. The Fibonacci Map ($68.69 to $78.29): 38.2% Retracement: $72.36 50.0% Retracement: $73.49 61.8% Retracement: $74.62 78.6% Retracement: $76.24 Immediate Resistance: $76.20 to $78.30: Price is currently capped by the 78.6% retracement ($76.24) and the 30-day swing high ($78.29). A daily close above $78.29 would print a new local high, suggesting the interoperability narrative retains strong momentum. Critical Support: $73.50 to $74.60: This zone contains the 50% and 61.8% levels. A pullback that holds here represents a textbook, healthy retracement. $71.00 to $72.40: The "mean reversion" block, sitting alongside the 38.2% Fib and the 30-day SMA proxy. Losing this band signals a fade toward the middle of the wider range. $68.70: The structural 30-day floor. A break below resets the enterprise interop trade entirely. Corporate Settlement Rails Or Narrative Infra? The technical data reveals a divergence in market conviction. QNT is seeing active dip-buying for its interoperability middleware narrative, while Hedera's council-chain pitch is facing price stagnation. They emerge as Corporate Rails if: HBAR successfully defends the $0.088 support floor and grinds back through the $0.091–$0.094 Fibonacci stack, driven by actual tokenization flow. QNT holds the $73–$75 support zone on pullbacks and decisively closes above $78.30, turning its recent ceiling into a support shelf as interop pilots scale. They remain Narrative-Driven Infra if: HBAR breaks below $0.088 and spends the coming months capped under $0.090. QNT repeatedly stalls at the $76–$78 resistance block and drifts back into the $71–$72 mean reversion band. Until these assets can break through their respective macro ceilings, they remain important plumbing for the blockchain ecosystem, but are still traded primarily for their cyclical stories rather than direct, fee-anchored settlement volume. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
20 May 2026, 11:00
VVV rallies 17% on Robinhood listing – Can Venic Token flip $20 next?

Retail traders joined whales after Robinhood’s listing, leaving Venice Token near a key breakout zone.
20 May 2026, 11:00
Indian Rupee Stays Near All-Time Lows as Elevated Crude Oil Prices Add Pressure

BitcoinWorld Indian Rupee Stays Near All-Time Lows as Elevated Crude Oil Prices Add Pressure The Indian rupee continues to trade close to its all-time low against the US dollar, pressured by persistently elevated global crude oil prices and a broadly strong greenback. As of early this week, the rupee hovered near the 83.50 mark, a level that has tested the Reserve Bank of India’s (RBI) intervention capacity in recent months. Crude Oil Prices Weigh on the Rupee India imports roughly 85% of its crude oil requirements, making the economy highly sensitive to global oil price movements. With Brent crude remaining above $85 per barrel due to extended OPEC+ production cuts and geopolitical tensions in the Middle East, the country’s import bill has risen sharply. This directly increases demand for US dollars in the domestic forex market, putting downward pressure on the rupee. Analysts point out that every $10 per barrel increase in crude oil prices adds approximately $15 billion to India’s annual import costs, widening the current account deficit. A wider deficit typically weakens the local currency further, creating a feedback loop that the RBI attempts to manage through periodic dollar sales from its reserves. Global Dollar Strength Adds to Headwinds Beyond oil, the US dollar index has remained resilient, supported by a still-tight labor market and cautious messaging from the Federal Reserve regarding interest rate cuts. A stronger dollar makes emerging market currencies like the rupee less attractive to foreign investors, leading to capital outflows from Indian equity and debt markets. Foreign portfolio investors have been net sellers in Indian markets over the past several weeks, adding to the rupee’s depreciation bias. The combination of a strong dollar and elevated oil prices has kept the rupee under sustained pressure, despite the RBI’s active intervention in the spot and forward markets. RBI’s Balancing Act The Reserve Bank of India has been using its foreign exchange reserves—currently around $600 billion—to smooth out excessive volatility in the rupee. However, the central bank is not targeting a specific exchange rate level but rather aims to prevent disorderly moves. Market participants note that the RBI has been selling dollars at key resistance levels to prevent a sharp break beyond the 83.50-83.70 zone. While these interventions provide short-term stability, they cannot reverse the fundamental pressures from oil prices and global monetary policy divergence. The RBI’s ability to defend the rupee ultimately depends on the duration and intensity of these external headwinds. Outlook and Implications for Consumers For Indian consumers, a weaker rupee means higher costs for imported goods, including electronics, machinery, and, most directly, fuel. While the government has absorbed some of the impact through excise duty cuts on petrol and diesel, sustained rupee weakness could eventually feed into broader inflation, potentially delaying any future rate cuts by the RBI. For businesses, especially those with foreign currency-denominated debt or import-dependent supply chains, the rupee’s weakness raises operational costs and squeezes margins. Exporters, on the other hand, may benefit from improved price competitiveness in global markets. Conclusion The Indian rupee’s proximity to all-time lows reflects a confluence of external pressures—elevated crude oil prices, a strong US dollar, and portfolio outflows—that are unlikely to ease in the near term. While the RBI’s interventions provide a buffer, the currency’s trajectory will largely depend on global oil price movements and the Federal Reserve’s policy path. For now, the rupee remains in a defensive posture, with market participants closely watching the 83.50-83.70 range as a critical test of central bank resolve. FAQs Q1: Why does crude oil price affect the Indian rupee? India imports most of its oil, so higher crude prices increase the demand for US dollars to pay for imports. This higher demand for dollars weakens the rupee. Q2: What is the RBI doing to support the rupee? The RBI sells US dollars from its foreign exchange reserves in the open market to reduce dollar demand and prevent sharp rupee depreciation. It also uses forward contracts and other tools. Q3: How does a weak rupee impact the average Indian? A weaker rupee makes imported goods like fuel, electronics, and machinery more expensive. This can lead to higher inflation and may affect the cost of living and travel abroad. This post Indian Rupee Stays Near All-Time Lows as Elevated Crude Oil Prices Add Pressure first appeared on BitcoinWorld .
20 May 2026, 10:59
BTC Monthly Open In Focus After $584 Million Longs Liquidations

What actually moved the tape The week opened with markets pricing in a fragile ceasefire in Iran and a 10-year Treasury yield of 4.6 percent. Sentiment shifted rapidly as Donald Trump took to his social media channels to post on potential military action. Diplomatic interventions from Saudi Arabia, Qatar, and the UAE pulled the reversal back, but the risk premium remains elevated. Brent crude traded between $110 and $112 as shipping through the Strait of Hormuz effectively halted. The US 10-year yield climbed to a 16-month high of 4.7 percent, repricing duration-sensitive assets lower. Bitcoin moved with this global trend rather than independently. Following last week’s decline, in line with waning institutional demand , bitcoin opened the week at $77,385, and slid below $77,000 on Monday and reached a session low of $76,031. The failure to hold the $80,000 region, where multiple confluence factors lined up around on-chain cost basis metrics such as the Short-Term Holder Realised Price (STHRP) and the True Market Mean (TMM), was in line with our expectations . The open question is whether BTC can hold above the May Monthly Open of $76,318, which was held as support on the first test. By Wednesday morning BTC had recovered slightly over $77,500, retesting the Weekly Open of $77,385. Sustained taker-side demand is required to continue the uptrend that has formed on the mid-timeframes. The drawdown reflects global macroeconomic factors rather crypto-native issues. Derivatives: leverage cleared, not reset Monday’s market volatility triggered $657 million in liquidations across crypto futures. $584 million came from long positions, the largest single-session long wipe-out since early February. The deleveraging cleared out a significant portion of long positions accumulated during the early-May push toward $82,000. Open interest declined by roughly $1.5 billion late last week, with another drop on Monday. The fuel from previous short positions has been exhausted, and recent long buyers have been forced out. Any directional move will likely depend on spot market activity rather than current derivatives positioning. On-chain: the operative floor failed Despite a 37 percent rise from the $60,000 floor we saw on 11 May, uncertainty remains a defining feature of the market. Capital inflows are relatively weak compared to the price move. To map the current structure, we use the Realised Price by Age metric to identify where different investor cohorts are likely to buy or sell based on their average acquisition costs. The immediate support level is anchored by the 30-day accumulator cohort, whose cost basis is near $76,500. This aligns closely with the Monthly Open and we expect it to be a strong support zone in the short term. A sustained break below would signal a drop in short-term investor conviction. Higher up, the $85,900 level represents a major resistance zone, as investors who bought during the November to February period reach breakeven and may look to distribute their holdings. With BTC trading below the short-term holder’s realised price of roughly $79,000 for several sessions, this group now represents potential overhead supply that could limit price gains during a recovery, as short-term profit-taking continues, albeit at a slower pace than before. The lack of trading volume between $72,000 and $82,000 creates a structural challenge, as there are few dense reclaim bands to support the price. Without organic on-chain demand, a recovery would likely require either significant treasury or Exchange Traded Funds (ETF) buying, or a derivatives-driven short squeeze above $80,000. On the positive side, exchange reserves remain at a seven-year low of 2.21 million BTC, and long-term holder supply is steady at 14.43 million BTC. The current price decline isn’t being driven by an increase in supply but by a relatively weakened demand funnel. Altcoin breadth: dispersion, not rotation Altcoins aren’t attracting independent capital, they’re moving in lockstep with bitcoin. Bitcoin dominance remains near 60 percent, and the Altcoin Season Index stays well below the threshold for a market rotation. Most large-cap altcoins have underperformed bitcoin over the last 90 days. Total 2 is an index that includes all the top 200 coins by market capitalisation, excluding BTC. Performance within the altcoin market is varied. Assets with active ETF cycles, like XRP and SOL , saw some inflows, while others posted weekly declines. HYPE , with strong positive catalysts, outperformed other large caps. Structurally, altcoins require a stable or trending bitcoin market to perform well. With BTC stuck in a volatile range, altcoin participation has naturally compressed. Stablecoin plumbing: the only channel still net positive Stablecoin market capitalisation rose to $322 billion, adding $2 billion in a week. USDt and USDC both saw significant minting. This serves as a contrarian signal: while ETF and corporate channels slowed, dollar-pegged liquidity on exchanges expanded. The fuel for a potential move back above $80,000 is available but not yet deployed. Cross-asset: gold, silver, equities In the current geopolitical context, the US dollar has emerged as the primary safe haven, absorbing demand that might otherwise go to precious metals. Gold prices stayed below $4,550 despite high yields and geopolitical conflict, failing to capture the expected safe-haven bid. Silver traded more like an industrial asset on the back of trade developments between the US and China. Equity volatility picked up as the Nasdaq’s six-week rally cooled. Rising rates and a strong dollar are the primary drivers across the broader market. Bitcoin continues to correlate closely with long-duration tech assets, absorbing losses alongside other risk-sensitive markets. The post BTC Monthly Open In Focus After $584 Million Longs Liquidations appeared first on Bitfinex blog .










































