Japanese Yen slides to two-week low vs USD as bears retain control

Walrus Protocol sets decentralized storage at $0.023/GB/month in USD, matching cloud giants while adding verifiability, redundancy, and programmable access. The number is $0.023. Per gigabyte. Per month. That is what Walrus Protocol is now charging for decentralized storage on its network. Fixed. In US dollars. Not in token value that swings with the market. The […] The post Cloud Storage Has a New Rival. Walrus Protocol Just Named Its Price appeared first on Live Bitcoin News.

The post Fed’s Barr: Easing liquidity regulations to reduce Fed balance sheet not advisable appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Governor Michael Barr said that lowering liquidity rules to get the central bank’s balance sheet smaller is a bad idea and could undermine the safety of the financial ‌system, Reuters reported on Thursday. Key quotes Easing liquidity regulations to reduce Fed balance sheet not advisable.  Reducing liquidity requirements would just heighten stability risks.  Reduced balance sheet may boost funds to Fed liquidity facilities.  Reduced Fed balance sheet would probably boost Fed interventions.  Fed working to shift balance sheet duration to align with broader Treasury market.  Doubtful liquidity coverage ratio adjustment will significantly impact reserve demand.  Monetary policy toolkit has been effective for a long time.  Effective monetary policy execution revolves around rate management.  Generating reserves doesn’t cost the Fed.  Liquidit

The post Japanese Yen rallies amid strong US data and rising yields appeared on BitcoinEthereumNews.com. The USD/JPY pair advances toward the 158.30 region on Friday, reaching its highest level in nearly two weeks as the United States (US) Dollar (USD) strengthens following resilient US economic data and rising Treasury yields. The latest US Retail Sales report showed consumer spending rose 0.5% in April, reinforcing confidence in the resilience of the US economy despite elevated borrowing costs and persistent inflation pressures. The stronger-than-expected data added to recent gains in the Greenback and supported expectations that the Federal Reserve (Fed) may keep interest rates higher for longer. On another note, White House economic adviser Stephen Miran resigned from his position on the Fed Board, increasing uncertainty surrounding the future direction of US economic policy. Markets interpreted the development as potentially reducing pressure for a more dovish policy approach, hel

The post US Dollar Index climbs to two-week high as Fed rate hike bets intensify appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, climbs to a two-week high on Thursday as traders ramp up expectations that the Federal Reserve (Fed) could keep interest rates elevated for longer following a fresh batch of strong US economic data. At the time of writing, the index is trading around 98.83, extending gains for a third consecutive day. US Retail Sales rose 0.5% month-over-month in April, matching market expectations but slowing from the 1.6% increase recorded in March. Meanwhile, the Retail Sales Control Group, which feeds directly into Gross Domestic Product (GDP) calculations, also rose 0.5% after increasing 0.8% in the previous month. Earlier this week, stronger-than-expected US Consumer Price Index (CPI) and Producer Price Index (PPI) data pushed inflation further away from the Federal Reserve’s (Fed) 2% t

The post Fed Governor Miran submits resignation, throws support behind Warsh as new chair appeared on BitcoinEthereumNews.com. Stephen Miran, governor of the US Federal Reserve, during a television interview on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 10, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his spot on the central bank board when or just before new Chair Kevin Warsh takes his seat. Stepping in to fill what was left of an unexpired term last September, Miran served as a contrarian voice on the rate-setting Federal Open Market Committee. He voted “no” in each of the six meetings he has attended since taking over for Adriana Kugler, who abruptly resigned in August 2025. In his letter, Miran said his brief stint was “the highest honor of my life” and expressed confidence in Warsh, who gained Senate confirmation to the top seat

The post AI predicts Bitcoin price for May 22, 2026 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is once again under pressure after U.S. spot Bitcoin ETFs recorded $635 million in net outflows on May 13, the largest single-day withdrawal since late January.  What’s more, the sell-off followed worse-than-expected U.S. Producer Price Index (PPI) data, which showed inflation rising 1.4% in April and dampened expectations for near-term Federal Reserve rate cuts. At the same time, leveraged traders were hit by a wave of liquidations, with roughly $77.95 million in Bitcoin long positions liquidated over the past 24 hours as the asset rejected its 200-day simple moving average (MA) near $82,270. Traders are now monitoring whether Bitcoin can reclaim the $80,800 level, which has emerged as key near-term resistance. Short-term outlook, however, appears fragile, at least according to machine learning algorithms. Machine learning algorithm predicts Bitcoin price on May 22 Finbold’s AI predi

The post Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed appeared on BitcoinEthereumNews.com. Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for the new Federal Reserve chair to take over. Speaking Thursday to CNBC, Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping” oil, easing the supply shock from the Iran war. “I firmly believe that nothing is more transient than a supply shock, and we can, we can look through that, because before the Iranian conflict began, core inflation was coming down,” Bessent told CNBC’s Joe Kernen from the sidelines of President Donald Trump’s summit with his Chinese counterpart, Xi Jinping. “So I think core inflation will continue coming down.” That hasn’t been the recent trend, however. Separate readings this week showed that consumer prices jumped 0.6% in April — and still rose 0.4% ev

The post Japanese Yen: Valuation risks and policy coordination – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu highlights that the Japanese Yen (JPY) remains significantly undervalued on a Real Effective Exchange Rate (REER) basis even as Euro (EUR) and US Dollar (USD) valuations have converged. He notes United States (US) –Japan coordination on exchange rates is already underway and argues Europe should be more proactive, as sustained JPY weakness poses greater competitive risks for Eurozone exporters than for the United States. JPY undervaluation and European risks “Based on the Bank for International Settlements’ (BIS) Real Effective Exchange Rate (REER) indices, measured by their change over the last five years, the dollar and euro have fully converged in valuation over the past six months. A range breakout would require a significant structural catalyst – the technology drivers behind “U.S. exceptionalism” or the “European strategic autonomy” theme on defense.” “Japan ha