Crypto Industry News & Market Trends

Euro extends losses on concerns of an open US-Iran war

EUR/USD is showing a growing bearish momentum, with price action nearing the support area between 1.1645 and 1.1675, which has held downside attempts several times in April.　　Momentum indicators are deepening within bearish territory. The 4-hour Relative Strength Index (RSI) dives to around 40, while the Moving Average Convergence Divergence (MACD) drifts into negative territory with a mildly bearish tone, suggesting that upside attempts may continue to struggle.　　The mentioned support area above 1.1645, however, is likely to pose a significant challenge for bears. A clear break below that area would confirm a bearish Head & Shoulders pattern, with a measured target just below April lows in the 1.1500 area.　　On the upside, Fridays low, at 1.1715, might act as resistance ahead of the April 20 and May 1 highs in the area between 1.1785 and 1.1795, and the April 17 high, near 1.1850.

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USD/JPY: Upside capped after intervention – TD Securities

Finance　　USD/JPY: Upside capped after intervention – TD Securities　　TD Securities strategists see USD/JPY consolidating around 157.00 in Q2 2026 after the recent Japanese Ministry of Finance (MoF) intervention triggered a 3% drop. They argue that markets now treat 160.00 as a line in the sand, capping upside and deterring fresh longs, while the pair is expected to retrace pre‑intervention levels more slowly than in past episodes.　　Consolidation with 160.00 acting as cap　　“USD/JPY dropped 3% last Thursday on MoF intervention.”　　“With markets now treating 160.00 as an implicit line in the sand, the upside in USD/JPY looks increasingly capped, which should deter speculators from re-engaging in long USDJPY.”　　“We also expect it to take longer to retrace back to pre-intervention levels than in prior episodes: historically, the MoF has leaned against speculative, volatile moves rather than defending a precise spot level.”　　“After last weeks JPY intervention, path of least resistance for USD/JPY is likely a consolidation around our Q2 forecast of 157.00.”

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Moscow Exchange bets bigger on crypto with SOL, XRP, TRX and BNB indexes

Moscow Exchange plans to publish four more crypto indexes from May 13, widening its benchmark list beyond Bitcoin and Ethereum.MOEX will add SOL, XRP, TRX and BNB indexes from May 13 for professional investors.Binance will supply 50% of pricing data, while Bybit, OKX and Bitget provide the rest.Existing Bitcoin and Ethereum indexes will update every 15 seconds during trading and weekend sessions.　　The new indexes will track Solana, XRP, Tron and BNB under the tickers MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB.　　The exchange plans to calculate prices with data from Binance, Bybit, OKX and Bitget. Binance will carry a 50% weight. Bybit will provide 20%, while OKX and Bitget will each provide 15%.　　Crypto benchmarks move closer to live pricing　　From May 13, Moscow Exchange also plans to update all digital currency indexes more often. Existing benchmarks, including MOEXBTC and MOEXETH, are expected to update every 15 seconds during trading hours and extra weekend sessions.　　The shift may make the benchmarks more useful for products tied to digital asset prices. However, the exchange has not presented the new altcoin indexes as tradable products yet. It said they “could become” underlying assets for future instruments, leaving timing and terms open.　　Meanwhile, the planned indexes fit Russia‘s controlled route

05-05Industry

US 30-Year Yield Hits Highest Yield in Two Decades as Iran War Reignites Inflation Fears

The US 30-year Treasury yield has surged past 5%, nearing its highest level in roughly two decades as the Iran war raises inflation fears.　　The 30-year yield is now 8 bps away from a new 18-year high. pic.twitter.com/UQgGB4AGiL　　— Jim Bianco (@biancoresearch) May 4, 2026　　Notably, yields rose across the curve. Yesterday, the 2-year and 10-year notes each climbed more than 6 basis points. The 30-year added 5 basis points, while the 10-year hit a 9-month high.　　Bond Rout Deepens as 30-Year Yield Pierces Key 5% Level　　According to the Global Markets Investor, the 5% mark on the 30-year has acted as a ceiling for two years. It was tested in late 2023 and early 2025, but failed to sustain above this level both times.　　The post added that the S&P 500 pulled back whenever yields approached or exceeded 5%. A sustained break above 5% would push yields into territory unseen in nearly two decades. The 2023 peak near 5.17% sits as the next major test.　　“At 5%, government bonds become attractive enough to pull capital away from equities, while simultaneously raising borrowing costs for mortgages, corporate loans, and US government debt,” Global Markets Investor added.　　The Iran conflict has accelerated the move. Higher oil prices threaten to

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Tom Lee says crypto market recovery has begun

Bitmine chairman Tom Lee has said the crypto market may be entering an early recovery phase even as investor sentiment remains cautious.Tom Lee has said crypto may be entering an early recovery phase even as sentiment remains cautious.Bitmine has purchased over 101,745 ETH worth $242 million, taking its total holdings past 5.1 million ETH.More than 4 million ETH has been staked by the firm, accounting for about 10.5% of total staked supply.　　According to Bitmine Immersion Technologies chairman Tom Lee, recent market trends resemble past cycle transitions where prices begin to recover while investor sentiment remains subdued.　　In a note on Monday, Lee said “crypto spring…has commenced,” adding that sentiment has stayed cautious even as prices strengthen.　　Lee tied that outlook to policy developments in the U.S., stating that the outcome of the CLARITY Act, whether it is passed or rejected, would confirm the return of favourable conditions for digital assets. His note came after more than six months of weak pricing following the October 2025 market downturn, a period that analysts have tracked closely for signs of reversal.　　According to the company‘s latest disclosure, Bitmine purchased over 101,745 Ether worth about $242 million in the past week, pushing total holdings beyond 5.1 million

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SHIB Price Prediction: Shibarium Growth Could Drive 45% Rally to $0.0000088

Shibariums Gaming Push Changes Everything　　SHIB sits at a crossroads where meme coin status meets actual utility. The Shibarium layer-2 network has quietly built momentum in gaming and micro-transactions, creating real demand beyond speculative trading. This shift matters because 2026s crypto landscape rewards projects with genuine use cases rather than Twitter engagement metrics.　　The gaming sector adoption represents SHIBs clearest path to sustained growth. While other meme coins chase viral moments, Shibarium processes real transactions for digital economies. Analysts at Blockchain.news note this fundamental positioning could separate SHIB from purely speculative tokens as institutional money becomes more selective.　　Technical Setup Points Higher　　SHIBs current technical picture shows consolidation ending with upward bias. The neutral RSI around 56 suggests neither overbought nor oversold conditions, while recent price action has formed a base above key support levels. Volume remains steady, indicating sustained interest without panic buying or selling.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full SHIB price, calculator & analysis　　The momentum indicators tell a story of accumulation rather than distribution. Smart money typically builds positions during these quiet periods before major moves. SHIBs position within recent trading ranges leaves room for upward expansion without immediately hitting

05-05Industry

Equities: Tech rotation holds despite risk-off tone – Danske Bank

Tech　　Equities: Tech rotation holds despite risk-off tone – Danske Bank　　Danske Research Team notes that global equities fell, with the S&P 500 down 0.4% and Stoxx 600 off 1% on Iran-related headlines. The session was characterized as de-risking, with most sectors lower except tech and energy. Defensive sectors outperformed, and software stocks gained 2%, leading the team to argue that the latest tech stock rotation remains strong and is likely to continue.　　Risk-off session still favors technology　　“Equities were lower yesterday. S&P 500 -0.4% and Stoxx 600 -1% in a volatile session, characterized by Iran headlines. This was a de-risking session in equities, with almost all sectors lower but tech and energy.”　　“Defensive stocks outperformed, including health care and tech while industrials, materials and consumer discretionary sold off ~-1%. It is interesting to see tech outperforming even in a defensive session like yesterday, especially as yield were materially higher.”　　“This mix would easily have made the tech the worst performing sector three months ago. Instead, software stocks even bounced 2% yesterday, outperforming the market by a meaningful 3pp.”　　“This says something about the strength of the latest tech stock rotation. As our readers will know, we see it continuing. ”

05-05Industry

Western Union Rolls Out USDPT on Solana

USDPT is being issued by crypto infrastructure firm Anchorage Digital, the first federally regulated crypto bank in the US, while Fireblocks is providing the wallet and settlement infrastructure for the stablecoin.　　Western Union said it plans to make USDPT available on licensed crypto exchanges and connect them to its broader payments and liquidity infrastructure.　　USDPTs launch in Bolivia and the Philippines makes the stablecoin available to a combined 130 million people.　　On Sunday, Bybits former chief marketing officer, Claudia Wang, said there was an opportunity for money transmitter firms like Western Union to tap into many untouched remittance corridors in the Americas, which have become a $174 billion market.　　She said remittance corridors between the US and Central America are exploding, while many routes from within Latin America — such as from Argentina to Bolivia — have been “almost untouched by crypto rails.”　　Western Union facilitates transfers for more than 150 million customers across more than 190 countries.　　Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraphs Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

05-05Industry

Russia’s Biggest Exchange Adds XRP Solana TRON and BNB Indexes

The post Russias Biggest Exchange Adds XRP Solana TRON and BNB Indexes appeared first on Coinpedia Fintech News　　Russia is stepping deeper into crypto, but not through hype cycles or speculative mania. Instead, it‘s building quietly through structured financial products and regulatory alignment. The Moscow Exchange (MOEX), the country’s largest securities exchange, is now expanding its crypto footprint in a way that reflects long-term positioning rather than short-term noise.　　Expanding Beyond Bitcoin and Ethereum　　From May 13, MOEX will introduce four new crypto indexes tracking Solana, XRP, TRON, and BNB. These will trade under MOEXSOL, MOEXXRP, MOEXTRX, and MOEXBNB, expanding its existing lineup that already includes Bitcoin and Ethereum indexes launched in 2025.　　This move signals a clear shift; Russia is no longer just tracking the top two assets, its opening the door to broader altcoin exposure within a regulated framework.　　Built on Global Liquidity　　The structure behind these indexes is carefully designed. Pricing data will be aggregated from leading global exchanges, with Binance contributing 50%, Bybit 20%, OKX 15%, and Bitget 15%.　　At the same time, MOEX is upgrading how these indexes function. Instead of daily updates, all crypto indexes will now refresh every 15 seconds during trading sessions, bringing them much closer to real-time market

05-05Industry

EUR/JPY holds below 184.00 as Japanese Yen steadies on suspected Japanese intervention

Finance　　EUR/JPY holds below 184.00 as Japanese Yen steadies on suspected Japanese intervention　　EUR/JPY extends its losses for the second consecutive day, trading around 183.80 during the Asian hours on Tuesday. The currency cross weakens as the Japanese Yen (JPY) stabilizes against major peers amid cautious trading, following suspected intervention by Japanese authorities last week. Japanese Finance Minister Satsuki Katayama said Japan stands ready to act against speculative foreign-exchange moves to limit JPY weakness.　　Commerzbanks Volkmar Baur noted that authorities appear to have intervened near USD/JPY 157.00 after the pair briefly surged to 160.72. Tokyo inflation data showed headline gains driven entirely by energy, while core inflation slipped to a one-year low. The bank cautioned that conflict-related sentiment may keep core inflation subdued, reducing the likelihood of Bank of Japan rate hikes and weighing on the Japanese Yen.　　Meanwhile, the EUR/JPY cross declines as the Euro (EUR) comes under pressure amid escalating Middle East tensions, which have dampened risk appetite and threaten to disrupt the four-week ceasefire between the United States (US) and Iran. US forces repelled Iranian attacks while escorting two US-flagged vessels through the Strait of Hormuz, and the UAEs Fujairah port was reportedly struck by an Iranian drone.　　Iranian parliament speaker Mohammad

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