Libra1989
Libra1989
Follow me, and I'll follow you back. I always provide daily financial market updates.
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Plume has just received a Bermuda digital asset license to operate regulated onchain vaults
Plume Network (@plumenetwork) announced on Wednesday that its Bermuda subsidiary, Kimber Digital Assets Bermuda (KDAB), has obtained a Class M Digital Asset Business License from the Bermuda Monetary Authority (@BermudaMonetary) under the DABA 2018 framework.
Users can deposit assets, receive corresponding vault tokens, earn yield, and withdraw capital at net asset value (NAV), with everything operated on immutable smart contracts under the prudent supervision of the BMA.
Plume calls KDAB the first regulated onchain vault manager licensed to create and distribute vault tokens under AML standards modeled after stablecoin frameworks, including the US GENIUS Act.
37 European banks are now building their own euro stablecoin to counter US dollar tokens
Bank of Ireland and AIB joined Amsterdam-based Qivalis, the consortium developing a regulated euro-pegged stablecoin, targeting an H2 2026 launch. The expansion brings the group to 37 European banks across 15 countries, including BBVA, BNP Paribas, CaixaBank, Danske Bank, UniCredit, plus new entrants National Bank of Greece and Swedbank.
The pitch: a 1:1 euro-backed stablecoin issued and supervised inside the regulated European banking system. Only 0.2% of global stablecoin circulation is currently euro-denominated, with the market dominated by US dollar tokens.
AIB's Geraldine Casey said Europe needs "trusted, regulated innovation in payments and settlement." Qivalis CEO Jan-Oliver Sell called the expansion "a giant leap toward an open and compliant on-chain ecosystem for the euro."
Zcash reached $669 and Dash surpassed $49 as privacy coins lead the market today
Privacy coins were the standout sector on Wednesday. zcash:native traded at $669.83, up 16.87% for the day and 26.72% over the past week. $DASH stood at $49.08, rising 15.24% in 24 hours.
The Q1 report from @Zcash Foundation brought the January SEC news back into public view. Dash received a boost after Aurora added @Dashpay support to its Intents Widget, enabling cross-chain swap flows and deposits.
Capital is rotating into censorship-resistant assets while the MiCA evaluation unfolds, CBDC discussions grow louder, and the broader market prices geopolitical risks. Is the privacy momentum returning?
Trump signs executive order requiring Fed to open payment rails for crypto and fintech companies
President Trump has signed an executive order titled "Integrating Financial Technology Innovation into the Regulatory Framework," directing the Federal Reserve to evaluate expanding access to payment accounts for uninsured depository institutions and non-bank fintech companies, including crypto firms.
The order sets a 90-day period for regulators to review regulations that hinder fintech, 180 days to take action, and 120 days for the Federal Reserve to self-assess its master account framework. It also asks the Fed's 12 regional banks whether they can grant payment accounts independently of the Board of Governors, a provision that could benefit Wyoming's special depository institutions.
Kraken secured the first Fed crypto master account in March, with Ripple, Anchorage Digital, and Wise following on the list. If the SENATE DELAY occurs, the order will provide the administration a parallel path to integrate crypto into the Fed's infrastructure without waiting for Congress.
The most anticipated earnings report of the quarter has been released, and Nvidia delivered impressive results
@nvidia $NVDA reported revenue of $81.6 billion in Q1, up 85% year-over-year, with Data Center revenue reaching $75.2 billion. EPS was $1.87 versus an expected $1.78. The board approved an additional $80 billion for share buybacks and increased the quarterly dividend from $0.01 to $0.25.
Guidance for Q2 is $91 billion compared to the consensus of $86 billion, excluding revenue from the China data center in the outlook.
Jensen Huang called building the AI factory "the largest infrastructure expansion in human history." The capital expenditure cycle for AI is not slowing down.
Zcash $ZEC has experienced a crazy price surge of up to 14 times over the past year.
At the time of writing on May 20, the native token of @Zcash has surged wildly by ~1,369% over the past twelve months, currently holding a market capitalization close to $9.8 billion.
$ZEC is probably one of the biggest winners of the revived privacy trend, now much larger than other privacy-focused platforms like @monero $XMR and @CantonNetwork $CC.
Does it have potential for further growth? Or is $ZEC overhyped?
Why is no one talking about this crazy Polkadot statistic?!
According to data from @chainspect_app, @polkadot has an active developer count nearly equal to blue-chip networks like @Solana and @Ethereum.
With 9,032 active developers as of May 20, $DOT is only 737 developers behind $ETH, and just 1,737 developers behind $SOL.
Polkadot is followed by other networks like @BNBChain and @Cardano, but these networks only have about ~4,000 active developers each.
It's easy to forget just how HUGE PancakeSwap really is...
According to data from DefiLlama, @PancakeSwap recorded nearly $22 billion in trading volume over the past 30 days and nearly $600 million in volume just yesterday.
However, perhaps more interesting is that this platform has recorded over $160 million in perpetual DEX volume in the last 30 days.
This figure comes just days after $CAKE launched a new perps platform, supported by @Aster_DEX.
Don't forget PancakeSwap - it remains a dominant force in the global DeFi landscape.
Robinhood has finally listed $ALGO!
The leading trading platform @RobinhoodApp has officially listed the native token of @Algorand with trading available in jurisdictions including New York.
@AlgoFoundation has witnessed a revival in presence and interest on social media, possibly driven by its strong position in the quantum-resistant context.
Parties including @Coinbase have praised Algorand for its quantum-focused innovations; the network has had quantum-resistant features since as early as 2022.
Stellar Blockchain is doing something right...
@StellarOrg has officially surpassed 23 billion transactions, with the ecosystem set for a strong recovery in 2026.
Less discussed in the industry, Stellar has seen its TVL surge significantly over the past year, recently reaching an all-time high of nearly $200 million and currently standing at around $175 million.
Should we expect big things from $XLM this year?