Australian Dollar: Oil keeps RBA cautious – BNY

BNYs Bob Savage notes the Reserve Bank of Australia (RBA) sees elevated risks that inflation expectations drift higher, potentially requiring a deeper slowdown. Oil-driven price pressures and three rate hikes to 4.35% frame the backdrop for AUD/USD.  RBA tightening risk and weak sentiment  “RBA Assistant Governor Sarah Hunter has warned that the risk of inflation expectations drifting higher is ”elevated,“ which could necessitate a more substantial economic slowdown to bring inflation back to target. The shock to oil prices will exert upward pressure on inflation over the next year, contributing around 0.4 percentage points to underlying inflation in the quarter to March 2027. Underlying inflation is then expected to ease, and headline inflation to fall thanks to lower oil and travel prices.”  “The RBA is aiming to keep inflation expectations anchored around the midpoint of its 2-3% inflation band. Rising fuel prices, exacerbated by the Iran conflict, are driving inflation pressures, affecting travel, transport, postal services, groceries and construction costs. The RBA has raised rates three times this year to 4.35% and is monitoring how quickly firms pass higher costs on to consumers, with risks that faster and broader pass-through could drive up inflation expectations.”  “The minutes from the latest RBA meeting hinted a

05-20

MSTR stock is beating Bitcoin, but another Strategy asset matters more now

Throughout 2026, MSTR stock and Strategys preferred securities are trading as more than a simple Bitcoin proxy.  Bitcoin is down about 12.5% year to date, while Strategy stock, trading as MSTR, is up about 6.8%  Strategys preferred securities have also held up better than BTC in price. STRC is nearly flat, while STRD, STRF, and STRK have all shown smaller price declines than spot Bitcoin. Those preferred figures are price moves and exclude dividends.  The split shows investors valuing two separate parts of Strategy‘s model: the common stock’s exposure to Bitcoin plus capital-markets execution, and the preferreds claim on dividend confidence, collateral coverage, and the durability of the funding channel.InstrumentYear-to-date price moveWhat it signalsBTCAbout -12.5%The underlying asset drawdownMSTRAbout +6.8%Equity option value on Strategy‘s funding machineSTRCAbout -0.36%Preferred demand and repeatable funding near parSTRDAbout -1.78%Preferred resilience with credit and yield sensitivitySTRFAbout -3.33%Yield-sensitive preferred supportSTRKAbout -8.14%The weakest preferred among the group, with more equity-linked sensitivity  Within Strategy’s investment complex, MSTR has delivered the strongest realized price move so far. STRC is the better risk-adjusted asset for the rest of 2026 because it is the live test of whether preferred buyers will keep financing Strategys Bitcoin purchases without demanding deeper price concessions.  MSTR stock and Strategy preferred shares outpaced

05-20

Crypto clout chasers arrested after Punch the monkey stunt

Two members of a self-professed memecoin “cult” have been arrested after jumping into the enclosure of simian sensation Punch the monkey in an attempt to win a $1 million viral content competition.  Twenty four-year-old, Reid Jahnai Daysun, scaled the fence at the Ichikawa Zoo while 27-year-old Neal Jabahri Duan, filmed the stunt.  Zoo staff quickly escorted the intruder from the site, and the pair were arrested for obstructing zoo operations.  Footage of the intruder wearing the MEMECOIN suit.  The stunt is likely linked to a $1 million content competition launched by the team behind the “coin that doesn‘t need an introduction” $MEMECOIN. The competition asks hopefuls to generate viral content and, presumably, help pump Memecoin’s price in the process.  Indeed, to help them in their quest, content creators are able to claim their own Memecoin suit, like the one seen in the Punch stunt, for free so that they can go and “ignite the algorithm with viral chaos.”  The competitions blurb states, “Our million-dollar war chest awaits the most daring, creative, and devastatingly viral content created.”  One content creator visited the docked cruise ship where the hantavirus spread. Organizers of Memecoin cult arent sorry  In response to the stunt, Memecoins official X account said that it is “endlessly

05-20

Chainlink Price Prediction: Can LINK Reclaim $15 as Adoption Surges?

The post Chainlink Price Prediction: Can LINK Reclaim $15 as Adoption Surges? appeared first on Coinpedia Fintech News  Chainlink (LINK) is quietly re-entering the spotlight, not because of hype, but because of utility. From DTCC‘s tokenized collateral platform to SWIFT blockchain pilots and expanding CCIP adoption, Chainlink is increasingly positioning itself at the center of crypto’s institutional future. While many altcoins continue relying on speculative momentum, LINKs narrative is shifting toward something larger: becoming the infrastructure layer powering tokenized assets, cross-chain settlement, and real-world financial connectivity.  Now, as fundamentals strengthen and Chainlink price consolidates near a major support zone, investors are closely watching whether rising adoption can finally fuel a rally toward $15.  Why Chainlinks Adoption Story Is Suddenly Gaining Momentum  Chainlinks latest momentum is being driven by a growing list of institutional integrations that continue strengthening its long-term investment narrative.  One of the biggest catalysts is the Depository Trust & Clearing Corporation (DTCC) choosing Chainlink infrastructure for its tokenized collateral platform, expected to go live later this year. The development carries significant weight given DTCC processes trillions of dollars in securities transactions annually, reinforcing Chainlink‘s growing relevance in traditional finance. At the same time, Lido Finance recently migrated its cross-chain staking infrastructure to Chainlink’s

05-20

BSC Post-Quantum Upgrade Clears Major Test as Network Throughput Drops 40%

BNB Chain Developers made the announcement recently on the BSC Post-Quantum Cryptography Migration Report which describes successful implementation of post-quantum upgrades to the network. All of these upgrades used ML-DSA-44 for transaction signatures and pqSTARK for consensus vote aggregation.  Importantly, the report verifies that the novel cryptographic mechanisms are backwards compatible with existing addresses, wallets, RPC interfaces and SDKs allowing the network to maintain its current architecture while priming itself for upcoming quantum threats.  Nevertheless, testing revealed a key scalability issue. By introducing these quantum resistant signatures we saw a downward shift in terms of network performance, this was attributed mainly to the increase in data being passed around the network.  A lot of people assume the hardest part of post-quantum cryptography is the cryptography itself.  In our testing, that wasnt really the case.  As per BNB Chain analysis of the incident, the main challenge was not verifying signature and cryptographic calculations but dealing with large growing transaction data size.  The size of a normal transaction signature grew from 65 bytes to ~2.4 KB when integrated ML-DSA-44 It fully propagated through the network stack: transaction sizes rose from approximately 110 bytes to nearly 2.5 KB, and block sizes swelled from around 110 KB to nearly 2

05-20

Dogecoin Price Prediction: Analyst Maps $2 Cycle Target as DOGE Holds the $0.10 Support Zone

DOGE is pressing the 0.5 Fib at $0.10372 and the Bollinger lower band at $0.10410, two levels converging at the same price and making $0.10 to $0.104 the most critical support zone on the daily chart. Below that, the 0.382 Fib at $0.09810 is the next support, followed by the February lows near $0.0800.  Above price, the 0.618 Fib at $0.10934 is the first resistance, followed by the 0.705 at $0.11348 and the Bollinger upper band at $0.11568. A cluster of FVG zones stacks between $0.113 and $0.145, each acting as a ceiling on any recovery attempt. Getting through the 0.618 Fib is the minimum requirement before any of those levels become relevant.  DOGE Key levels for May 20:Resistance: $0.10934 (0.618 Fib), $0.11348 (0.705 Fib), $0.11568 (BB upper), $0.113 to $0.145 FVG clusterSupport: $0.10372 (0.5 Fib), $0.10410 (BB lower), $0.09810 (0.382 Fib), $0.0800 February low  The biweekly DOGE chart maps current price action as wave 4, sitting inside an accumulation zone between $0.056 and $0.115. The prior cycle peaked at $0.72 in 2021 before a prolonged correction. The current structure mirrors the 2020 to 2021 setup with two breakouts preceding a wave 5 extension targeting $2.00 by mid-2027, a 2,767% move from the

05-20

Australian Dollar test monthly lows amid risk-off markets, high Oil prices

The Australian Dollar (AUD) resumes its downtrend against the US Dollar (USD) on Tuesday, and is trading a few pips above one-month lows in the 0.7100 area at the time of writing. Wanning hopes of a negotiated end to the Iran war and high Oil prices have dampened investors appetite for risk and are crushing the Aussie.  News about explosions in Iran‘s Qeshm island reported by Iranian media is souring an already frail market sentiment. US President Donald Trump affirmed on Monday that serious negotiations with Tehran are going on, but the market is sceptical, as the parties are far apart in key issues, namely Iran’s uranium enrichment activities.  Beyond that, a spokesperson of Qatar‘s Foreign Ministry said that there are no arrangements for the export of energy products and confirmed that the traffic through the Strait of Hormuz has reduced to a trickle, compared to the average volumes seen before the war. This is boosting Oil prices well above the key $100 level, and clouding the outlook of Australia’s Crude-importing economy.  Earlier on Tuesday, the minutes of Mays Reserve Bank of Australia (RBA) monetary policy meeting hint at a pause, after three consecutive rate hikes to the current 4.35% level. Committee members

05-20

New Balance Tennis Apparel Expands As Roland Garros Colorway Debuts

New Balance continues to make its presence in tennis felt. Along with key footwear pieces tied to Coco Gauffs signature line, sponsoring the Australian Open each January and on-court kits for tournament-level players, New Balance has expanded its lineup of performance kits with a seasonal collection in a mix of tournament-specific colorways available at retail.  And fans can thank Tommy Paul and Sorana Cirstea for this seasons fabrics.  As the seasonal collection moves toward the clay of Roland Garros, the newest colorway of “pink heat, NB white, pink salt and faded black” takes the stage in a range of pieces for both men and women. “We‘re taking classic tennis DNA and updating it for today,” Harry Champion, New Balance product merchant for tennis apparel, tells me about the release. “You still have those familiar elements—pleats, collars—but we’re bringing them to life with new fabrics and refined details that feel modern and elevated. Our goal is telling a head-to-toe story.”  The fabric portion of that story came thanks to Paul and Cirstea. Champion says that when the pair visited New Balance headquarters in Boston, the brand had a front runner and a backup for each style. “They each tested both versions in our Sports

05-20

Canada Inflation Edges Higher: April CPI Rises 2.8%

Canada‘s headline Consumer Price Index (CPI) rose 2.8% in April compared to the same month last year, according to data released Wednesday by Statistics Canada. The reading matched economist expectations and marked a slight acceleration from March’s 2.7% annual pace, signaling that inflationary pressures remain persistent even as the economy shows signs of cooling.  What the Data Shows  The April CPI increase was driven primarily by higher shelter costs, including rent and mortgage interest, as well as rising prices for gasoline and food purchased from stores. Excluding volatile items like energy and food, the core CPI — a key measure watched closely by the Bank of Canada — rose 2.6% year-over-year, also in line with forecasts. On a monthly basis, the CPI rose 0.5% in April, up from a 0.3% gain in March.  Statscan noted that while goods price inflation moderated slightly, services inflation remained elevated, reflecting continued strong demand in areas like travel and dining out. The data underscores the challenge facing the Bank of Canada as it balances the need to contain inflation against the risk of tipping the economy into a recession.  Implications for the Bank of Canada  The April CPI report comes ahead of the Bank of Canadas next interest rate

05-20

Hyperliquid Price Prediction: Can HYPE Break Above $50 After Recent Rally?

Hyperliquids native token $HYPE continues attracting aggressive bullish momentum as traders push the asset near a critical resistance zone. The token recently climbed from the $38.20 swing low toward the $47 to $48 range. Strong technical positioning and improving derivatives activity now support the broader uptrend.  Market participants also continue increasing leveraged exposure, which reflects growing confidence in the ongoing recovery phase. However, volatility risks remain elevated as $HYPE approaches a major breakout area near previous highs.  Technical Structure Supports Further Upside  The four-hour chart still favors buyers after $HYPE moved decisively above several key resistance levels. Price currently trades above the 20, 50, 100, and 200 exponential moving averages. This structure usually signals strong trend continuation and sustained market strength.  Moreover, bulls recently reclaimed the Fibonacci 0.786 retracement level near $46.33. That breakout increased expectations for another attempt toward the recent peak around $48.54. Buyers now need a convincing move above that barrier to unlock a possible rally toward the psychological $50 level.  Hyperliquid Price Dynamics (Source: Trading View)  However, traders may also face increased selling pressure near current levels. Short-term investors could begin securing profits after the recent sharp advance. Consequently, $HYPE may enter a temporary consolidation phase before establishing another directional move.  Related: Cardano

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