USD/JPY rises beyond the key 160.00 level, boosting intervention risks

The US Dollar (USD) appreciates against the Japanese Yen (JPY) for the third consecutive day on Thursday, to hit 21-month highs at 160.73, levels that urged Japanese authorities to act in the past, since the 160.00 round mark is considered a line in the sand for Tokyo.  The US Dollar is outperforming its major currency peers on Thursday, boosted by a hawkish tilt at Wednesdays US Federal Reserve (Fed) monetary policy meeting and fears of a prolonged closure of the Strait of Hormuz, as attempts to find a negotiated end to the US-Iran war are failing.  The Fed held its monetary policy unchanged as expected on Wednesday, but three policymakers opposed the “easing bias” language in the banks statement, while another one dissented in favour of a rate cut. The overall outcome of the voting has prompted investors to price out any further rate cuts. US Treasury yields jumped in the aftermath of the meeting, providing additional support to the USD.  Japan‘s Finance Minister, Satsuki Katayama, reiterated Tokyo’s willingness to take “decisive action” against excessive Yen weakness earlier this week, and the Bank of Japan (BoJ) assured that it will continue hiking rates as soon as geopolitical uncertainty ebbs.  The Yen, however, remains on

04-30Industry

Trump rejects Iran proposal, keeps naval blockade amid nuclear deal stalemate

Tech  Trump rejects Iran proposal, keeps naval blockade amid nuclear deal stalemate  Trump dismissed Iran‘s proposal and kept the naval blockade intact. The odds of Trump announcing the blockade’s end by May 31 dropped to 43.5% YES, down from 52% yesterday.  Market reaction  The May 31 market fell from 52% to 43.5% YES as traders priced in the renewed stalemate. This continues a slide from 76% a week ago. With 31 days until resolution, the market is skeptical about any near-term deal.  Why it matters  The blockade‘s continuation affects oil pricing through the Strait of Hormuz. Though specific odds on the WTI Crude Oil Prices in May 2026 market weren’t provided, sustained tension in the strait tends to push oil prices higher. Traders should expect volatility in crude markets while the blockade holds.  What to watch  Trading volume sits at $46,925 in USDC, and the order book requires $63,015 to move the price 5 points. That gap suggests institutional participation, but a single large order could still shift the market meaningfully. The biggest move was a 1-point drop early in the day, pointing to cautious repositioning rather than panic.  Trump‘s rejection narrows the path to a resolution before the deadline. At 43.5¢, a YES share pays $1 if the

04-30Industry

Bitcoin (BTC) Forecast: BitMEX Founder Arthur Hayes Eyes $125K Target by Late 2026

Bitcoin  Bitcoin (BTC) Forecast: BitMEX Founder Arthur Hayes Eyes $125K Target by Late 2026BitMEX co-founder Arthur Hayes forecasts Bitcoin reaching $125,000 before 2026 concludes.Global liquidity expansion, rather than regulatory changes or political shifts, is the primary catalyst according to Hayes.Bitcoin currently hovers around $75,820, struggling beneath the critical $78,000 resistance threshold.Hayes expresses skepticism toward U.S. regulatory initiatives, arguing Bitcoin should remain free from governmental control.While U.S.-Iran geopolitical tensions persist, Hayes maintains that market participants remain focused on liquidity dynamics.  Despite Bitcoins inability to breach the $78,000 resistance barrier, BitMEX co-founder Arthur Hayes maintains an optimistic outlook. During his appearance at Bitcoin Las Vegas 2026, Hayes presented compelling reasoning for his forecast that BTC will climb to $125,000 before year-end.  Bitcoin (BTC) Price  According to Hayes, the fundamental catalyst underpinning his projection is expanding global liquidity. He contends that escalating defense expenditures across leading economies are compelling governments to increase monetary supply. Such macroeconomic conditions, Hayes notes, have historically favored alternative assets like Bitcoin.  LATEST: Arthur Hayes says Bitcoin will hit $125K by year-end, arguing that wartime defense spending, banking deregulation, and up to $4T in new credit creation will flood markets with liquidity. pic.twitter.com/zpOTBGRBSm  — CoinMarketCap (@CoinMarketCap) April 29, 2026  Hayes additionally highlighted transformative changes within the

04-30Industry

Mezo Launches Mezo Prime as Bullish Deploys 250 BTC Into Yield Vaults

Bitcoin  Mezo Launches Mezo Prime as Bullish Deploys 250 BTC Into Yield VaultsMezo and Anchorage Digital Bank launched Mezo Prime to provide yield to corporate treasuries.Over 1,000,000 currently sitting idle in custody can now access protocol yield without commingling.has deployed 250 as the debut customer, signaling a shift in institutional treasury management.  Bridging the Gap for Corporate Treasuries  ‑native finance platform Mezo has launched a product aimed at giving institutional holders and corporate treasuries access to yield and lending opportunities. The platform is built with Anchorage Digital Bank, the first federally chartered digital asset bank in the U.S., and debuts with as its initial customer.  Known as Mezo Prime, the product introduces segregated vaults, qualified custody, and protocol‑based yield, addressing a gap for firms that have struggled to put holdings to work in line with institutional standards.  “Over a million sits on corporate balance sheets today, and almost none of it is working,” said Matt Luongo, Mezo co‑founder and CEO of Thesis. “Mezo Prime changes that. Segregated custody through Anchorage Digital Bank, no rehypothecation, real yield from protocol activity. We built this for CFOs and treasury teams who already own the asset and are ready to put it to work how they choose.”  At the core

04-30Industry

Ripple opens Dubai HQ to double Middle East and Africa team amid demand surge

Ripple has expanded its presence in the UAE by opening a new Middle East and Africa headquarters in Dubai, increasing its capacity to grow its regional operations.Ripple has opened a new Middle East and Africa headquarters in Dubai, with capacity to double its regional team as demand for regulated blockchain payments grows.The company said the Middle East now accounts for a significant share of its global customer base, with clients including Zand Bank, Garanti BBVA, Absa Bank, and Chipper Cash.  According to Ripple, the office is based in the Dubai International Financial Centre and is intended to support rising demand for regulated blockchain payment and custody services across the region.  Ripple said the new facility provides space to double the size of its regional team as it scales support for clients and partners across the Middle East and Africa.  The company stated that its presence in Dubai dates back to 2020, with the region now accounting for a significant share of its global customer base, including institutions such as Zand Bank, Ctrl Alt, Garanti BBVA, Absa Bank, and Chipper Cash.  “In recent years the Middle East has become an increasingly vital driver of Ripples global growth. From our earliest days in the UAE, we

04-30Industry

Why Crypto Market Is Down Today? BTC, ETH, XRP Fall After FOMC Meeting

The post Why Crypto Market Is Down Today? BTC, ETH, XRP Fall After FOMC Meeting appeared first on Coinpedia Fintech News  Crypto market is down today as the Federal Reserve reinforces a “no rush to cut” stance, tightening expectations around liquidity. Despite holding rates steady, the central bank pointed to prolonged restrictive conditions, which historically weighs on high-risk assets like crypto.  Bitcoin, Ethereum, and XRP have all moved lower as liquidity expectations tightened and risk appetite faded. The market had entered this event on strong footing after Aprils rally, but the tone from policymakers quickly reversed momentum, triggering broad-based selling pressure. Traders are now reassessing positioning as volatility returns and key support levels come into focus.  So, Whats driving this decline, and why crypto market is down today as macro conditions turn restrictive again?  FOMC Decision: Fed Holds Rates, Signals “Higher-for-Longer”  The Federal Reserve kept interest rates unchanged at 3.50%–3.75% in its latest meeting, but the decision itself was not the market mover, the messaging was. Policymakers emphasized that inflation remains persistent and risks are still tilted to the upside, leaving little room for near-term rate cuts.  JUST IN: THE FED LEFT INTEREST RATES UNCHANGED AT 3.50% TO 3.75%, BUT THE VOTE WAS THE MOST DIVIDED

04-30Ethereum

Ethereum Price Prediction: Ethereum Price Faces Key $2,335 Test

Ethereum is sitting near a key market cost basis at $2,335, where a clean reclaim could support a wider move toward the $5,600 MVRV band. However, a separate Wyckoff chart warns that ETH may first grab liquidity near $2,400–$2,450 before turning lower.  Ethereum Price Tests $2,335 Support as $5,600 Target Comes Into View  Ethereum is trying to reclaim its Realized Price near $2,335 as support, according to the MVRV pricing bands chart shared by Ali Charts.  The chart shows ETH trading close to the green Realized Price band after recovering from the lower blue band near $1,868. This area matters because Realized Price reflects the markets average cost basis. When ETH trades above it and holds that level, buyers usually gain a stronger base for a wider move.  ETH MVRV Pricing Bands. Source:  Ali Charts said a successful reclaim of $2,335 is a standard technical condition for a sustained rally. The chart shows that ETH previously built stronger upward moves after regaining this level. However, failure to hold it would keep price exposed to the lower MVRV band near $1,868.  The next major upside band sits near $5,604, marked by the 2.4 MVRV level. That level does not mean ETH will move there immediately. Instead, it

04-30Ethereum

WIF Price Prediction: Critical $0.19 Decision Point Sets Stage for Next Move

WIFs Crossroads Moment  Dogwifhat finds itself at an inflection point that meme coin traders know well – caught between competing forces with no clear directional bias. The token hovers around $0.18, pressed against key moving averages that have acted as both support and resistance over recent weeks.  What makes this setup particularly noteworthy is how WIF has consolidated in this narrow range while broader crypto markets have shown more definitive trends. This type of compression often precedes significant moves, though predicting the direction remains the challenge.  The derivatives positioning adds another layer to consider. Recent data shows more aggressive positioning on the long side, with traders betting on upward movement despite the lack of clear catalysts. This positioning can create its own momentum when markets are thin, but it also means any disappointment could trigger swift unwinding.  Market Structure Analysis  WIFs current technical picture reflects the broader uncertainty facing meme coins in early 2026. The token sits well below its previous highs, yet has found some stability around current levels. Volume patterns suggest neither aggressive buying nor panic selling, creating a standoff between bulls and bears.  The key resistance zone around $0.19-$0.20 represents where previous rallies have stalled. Breaking cleanly above this area would likely attract

04-30Industry

Meteora reports $1.5 million OTC scam loss in Q1 MET report

Meteora disclosed a $1.5 million loss tied to an OTC scam in its Q1 2026 Token Holders Report. Meteora said $1.5 million was lost to an OTC scammer during MET token buybacks.The protocol reported $18.3 million net cash flow despite lower Q1 volumes and fees.Meteora closed Q1 with $32.8 million in treasury funds and over two years runway.  The loss happened while the team was trying to buy back MET tokens, according to the report. Meteora said total cash outflows reached $7 million in Q1 2026. This was down from $30.8 million in Q4 2025.  The report said the drop came from lower one-off costs after its TGE-heavy quarter. It also noted fewer large capital investments compared with Q4.  Meteora reported $2.5 million in MET-related outflows during the quarter. This included $1 million spent buying back MET and $1.5 million lost to an OTC scammer.  Police report filed with local authorities  The Q1 report said the scam happened during an attempt to buy back tokens through an OTC deal. Meteora said a police report has been filed with local authorities.  The disclosure drew attention on X after crypto user Dr. Zuler pointed to the loss. He wrote, “Not sure how to feel about this,” while noting

04-30Industry

NOK: Norges flows to cap upside – BNY

Finance  NOK: Norges flows to cap upside – BNY  BNYs Geoff Yu expects a challenging near-term backdrop for Norwegian Krone (NOK) despite solid Norwegian fundamentals and potential Norges Bank tightening. He argues that upcoming changes in Norges Bank FX transactions, with a likely return to NOK selling as oil revenues stay strong, could offset any hawkish policy impulse and limit further currency re-rating over the coming quarter.  Hawkish Norges versus FX sales risk  “A key theme for end-April rebalancing flows is some softening in commodity-linked currencies in G10 and EM. This is not a call against fundamentals in any way, and we expect balance of payments to remain strong in Norway, Australia and much of Latin America. However, with the ceasefire still in place and domestic economies adjusting rapidly, there is now a window to take stock of idiosyncratic factors. ”  “For example, the rate decisions in Scandinavia next week may all have a hawkish lean in line with peers in Europe, but we expect the near-term outlook to be relatively challenging for both SEK and NOK. The Riksbank is expected to stay on hold, and full-year pricing is well below the ECB.”  “Meanwhile, Norges Bank has already flagged a potential hike, but further changes will

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