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 […]
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The post Japanese Yen slides to two-week low vs USD as bears retain control appeared on BitcoinEthereumNews.com.
The USD/JPY pair touches a two-week high during the Asian session on Friday and looks to extend the weekly uptrend amid a broadly firmer US Dollar (USD). Spot prices remain on track to register strong weekly gains and currently trade just below the 158.50 level, up slightly for the fifth consecutive day. Traders ramped up their bets for an interest rate hike by the US Federal Reserve (Fed) in 2026 following the release of hotter-than-expected US inflation figures earlier this week. Adding to this, US Retail Sales expanded for the third straight month in April, reflecting a robust consumer spending and reaffirming hawkish Fed expectations. This, along with persistent geopolitical uncertainties, lifts the USD to a fresh monthly peak and acts as a tailwind for the USD/JPY pair. Peace talks between the US and Iran remain in limbo amid broader disagreements over Tehran’s nuclear
The post BTC USD Price Falls Below $80K as Taiwan Tensions Weigh appeared on BitcoinEthereumNews.com.
The BTC USD price fell to $79,200, down 2.3% over 24 hours, after Chinese President Xi Jinping warned Donald Trump of potential “collision or even clashes” over Taiwan during their summit in Beijing, the first visit to China by a sitting U.S. president in nearly a decade. The move broke the $80,000 Bitcoin floor that had held for most of the past week and arrived on top of two consecutive upside inflation prints that have materially complicated the Federal Reserve’s path to rate cuts. The analytical question is no longer whether Bitcoin can reclaim $82,000; it is whether $78,000 holds if the summit’s second day delivers another geopolitical jolt. Spot Bitcoin ETFs saw $630M in net outflows on Wednesday alone, the largest single-day withdrawal since late January, bringing the five-session total to approximately $1.26Bn. That scale of institutional redemption, running concurrently with a
The post Canadian Dollar: Sideways against USD as valuation stretched – Scotiabank appeared on BitcoinEthereumNews.com.
Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is steady around 1.3695, with the Canadian Dollar (CAD) seen as cheap versus a fair value estimate near 1.3510. They highlight slightly wider front-end spreads in favour of the US Dollar (USD) but argues stretched USD valuation should limit further gains. Short-term technicals show resistance near 1.3720 and support around 1.3640/45 and 1.3550/75. Canadian Dollar seen as undervalued “The CAD is little changed against the USD as spot continues to hold within recent ranges. A bounce in risk appetite constitutes a minor plus for the CAD on the session with little else to focus on.” “Factors driving the CAD have drifted a little over the past week—front-end spreads have widened a little in the USD’s favour—but the CAD remains “cheap” relative to our fair value assessment (1.3510 today) still. The USD’s som
The post EUR/USD Forecast: Consolidates as Iran risks, Fed bets support USD appeared on BitcoinEthereumNews.com.
The EUR/USD pair is seen consolidating the previous day’s heavy losses and oscillating in a narrow band, below mid-1.1700s, during the Asian session on Wednesday. Traders now seem hesitant and opt to move to the sidelines ahead of a meeting between US President Donald Trump and his Chinese counterpart, Xi Jinping. In the meantime, hotter-than-expected US consumer inflation figures released on Tuesday lifted market bets for an interest rate hike by the US Federal Reserve (Fed) in 2026. Apart from this, the diminishing odds for a US-Iran peace deal, amid disagreements over Tehran’s nuclear program and the Strait of Hormuz, continue to underpin the US Dollar (USD) and act as a headwind for the EUR/USD pair. From a technical perspective, the recent move up witnessed over the past two weeks or so has been along an upward-sloping channel. Moreover, spot prices hold above the 200-p
XRP price started a downside correction from the $1.5050 zone. The price is now consolidating and might aim for another increase if it stays above the $1.4450 zone. XRP price started a downside correction after it failed to stay above the $1.50 zone. The price is now trading above $1.4450 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.480. XRP Price Holds Key Support XRP price started a decent upward move above $1.4350 and $1.4550, outperforming Bitcoin and Ethereum. The price gained pace for a clear move above the $1.480 resistance. A high was formed at $1.5074, and the price started a downside correction. There was a move below $1.4750 and $1.4650. The price dipped below the 38.2% Fib retracement level of the upward move from the $1.3785 swing low to the $1.5074 high. The price is now trading above $1.
The post Swiss Franc regains traction as USD eases from intraday highs amid stalled US-Iran negotiations appeared on BitcoinEthereumNews.com.
The Swiss Franc (CHF) regains traction against the US Dollar (USD) on Monday, with USD/CHF pulling back after opening the week with a bullish gap as the Greenback gives up part of its earlier gains while traders continue to monitor developments in the Middle East. At the time of writing, the pair is trading around 0.7773 after touching an intraday high near 0.7795, though it remains up about 0.12% on the day. The pullback in USD/CHF appears largely technical in nature as traders partially fill the bullish opening gap. However, the US Dollar’s downside remains limited as fading hopes for a near-term resolution to the US-Iran conflict support safe-haven demand for the Greenback. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 97.88 after hitting an intraday high near 98.15. U
