Japanese Yen: Yield focus and BoJ risks – MUFG

Finance  Japanese Yen: Yield focus and BoJ risks – MUFG  MUFGs Derek Halpenny notes USD/JPY is broadly stable as Japanese Government Bond demand improves and crude Oil declines support lower JGB yields. He highlights stronger super-long JGB auction metrics and broader domestic buying. Halpenny argues that, given persistent inflation risks and a weak Yen, the Bank of Japan is very likely to hike in June, with around 19bps already priced.  Yen steady as JGB demand improves  “The evidence of improving underlying demand for JGBs at recent auctions is also evident in the flow data.”  “Its too soon to conclude that domestic buying of the long-end will pick up more consistently but there are early signs that underlying demand will improve.”  “Given the current favourable risk backdrop globally, the improved prospects of some form of peace deal and the continued weakness of the yen, we see it as very likely that the BoJ will hike at the next meeting in June.”  “So, with a June BoJ rate hike well priced, a hike is unlikely to be the catalyst for a sudden revival of the yen from current weak levels although it would certainly help curtail yen selling through the 160-level, especially given the credible threat of intervention.”  “USD/JPY is

05-27Industry

Oil: Iran talks keep prices volatile – Deutsche Bank

Finance  Oil: Iran talks keep prices volatile – Deutsche Bank  Deutsche Bank analysts note Brent Oil retraced about half of Monday‘s sharp fall as optimism over a potential US-Iran deal faded slightly, before slipping again in early trading. They highlight how shifting expectations around an Iran agreement and associated supply risks are driving two-way moves in Oil, with prices still several dollars below Friday’s close.  Iran deal swings drive Brent volatility  “On Iran, we‘ve seen little definitive news flow this week, leaving a sense that a deal might not yet be as imminent as hoped over the weekend. However it seems talks remain on track despite the targeted US strikes we mentioned yesterday. Iran’s Tasnim news agency reported that Tehran wants half of its $24bn in frozen assets to be released upon reaching a deal, with the topic in focus during the visit by Irans chief negotiator Ghalibaf to Qatar, which ended yesterday. ”  “From the US side, Secretary of State Marco Rubio said that ”itll take a few days“ to agree specific language in the draft agreement, emphasising the US demand for the Strait of Hormuz ”to be open, unimpeded, without tolls“. There was also some immediate uncertainty over Hormuz, with the WSJ reporting

05-27Industry

South Korea makes first DEX rug-pull arrests in Solana CATFI case

South Korean prosecutors charge 5 people in a CATFI memecoin rug pull case.About 256 investors lost roughly $650K after the CATFI token crashed.CATFI token surged 1,000x before liquidity was drained and the price collapsed.  South Korean prosecutors have arrested and charged a group of individuals linked to the Solana-based CATFI memecoin over an alleged decentralised exchange (DEX) rug pull.  The case marks the countrys first formal criminal action targeting a memecoin scam that unfolded entirely through a decentralised trading environment.  According to a local news outlet, authorities say the operation affected hundreds of retail investors and generated substantial illicit gains before collapsing after a rapid price spike and liquidity drain.  How the CATFI memecoin scheme unfolded  The CATFI token was launched on Solana and traded primarily through decentralised platforms, including Pump.fun.  Investigators allege that the operators positioned the token as a high-potential memecoin and used aggressive online promotion to attract early buyers.  A key figure in the promotion reportedly used the alias “Eth Father,” presenting themselves as a credible community leader.  This identity was used across social channels to build trust and encourage early participation in the token.  Once liquidity and trading activity increased, prosecutors say the operators engaged in coordinated trading behaviour designed to simulate organic demand.  This included

05-27Industry

Crypto Market Sheds $13.58B as BTC Slides to $75K, Kyrgyzstan Launches Gold-Backed Stablecoin

Bitcoin Crypto  Crypto Market Sheds $13.58B as BTC Slides to $75K, Kyrgyzstan Launches Gold-Backed Stablecoin  The total Bitcoin market and broader digital assets shed roughly $13.58 billion in 24 hours as capital rotated into US equities after the S&P 500 printed a fresh 52-week high above 7,539. Total crypto market capitalization closed at $2.50 trillion, down 0.55%, and decisively cracked the 0.382 Fibonacci support at $2.53 trillion. Bitcoin slipped to $75,202, breaking key technical levels, while Near Protocol led downside performers with a roughly 10% retracement after its April-May rally. Long liquidations dominated the unwind, with $241.31 million in long positions erased against $103.52 million in shorts across 92,264 traders.  Kyrgyzstan has emerged as an unlikely Eurasian crypto hub, rolling out a state-issued stablecoin backed by physical gold and constructing a sovereign vault to anchor reserves. The Ministry of Finance received roughly $100 million to acquire blockchain-ready gold backing for the dollar-equivalent token, which trades under the USDKG ticker and recently secured a listing on OSL Hong Kong. Binance founder Changpeng Zhao reportedly holds a Kyrgyz passport and advises President Sadyr Japarov on digital asset policy. Two state stablecoins are now active, positioning the republic as a regional alternative to Russias more restrictive

05-27Industry

 Japanese Yen drifts to 159.45 lows against US Dollar, with intervention risks looming

Finance  Japanese Yen drifts to 159.45 lows against US Dollar, with intervention risks looming  The Japanese Yen (JPY) keeps drifting lower against the US Dollar (USD) on Wednesday. The USD/JPY pair ticks higher for the fourth consecutive day, reaching fresh one-month highs at 159.45, and nearing the key 160.00 level, considered the limit of tolerable Yen weakness for Japanese authorities.  The market has ignored hawkish comments by Bank of Japan (BoJ) Governor Kazuo Ueda, who expressed his concerns about the second-round effects of inflation if the energy shock threatens wages, expectations, and price-setting behaviour.  These comments support the view that the central bank will raise interest rates at its June 15 meeting. The positive impact on the Yen, however, has been offset by investors‘ concerns about the Japanese economy’s exposure to high Crude prices and the relatively lower Japanese Government Bond (JGB) yields.  Markets will be attentive to a string of Japanese macroeconomic data on Friday, with particular interest in the Tokyo Consumer Prices Index figures, to confirm Junes BoJ decision. Core inflation figures are expected to have remained growing at a steady pace in May, while the Unemployment Rate is seen unchanged, and retail sales are expected to have eased in April.  The US Dollar,

05-27Industry

Ripple Pushes SEC for XRP Equality With Bitcoin & Ethereum

Bitcoin Ethereum  Ripple Pushes SEC for XRP Equality With Bitcoin & Ethereum  Ripple Pushes Bold SEC Agenda: Stablecoin Collateral Rules, Zero Haircuts & On-Chain Legal Records Take Center Stage  Ripples engagement with the SEC Crypto Task Force is emerging as one of the more closely watched policy developments in digital finance in 2026.  On March 20, 2026, Ripple met with the task force to examine how payment stablecoins and tokenized securities should be treated under existing net capital requirements and customer protection rules, alongside what future regulatory frameworks might look like as tokenization expands into mainstream markets.  Building on that dialogue, Ripple recently submitted a formal follow-up letter on May 22, 2026, laying out a more aimed at reducing regulatory uncertainty for broker-dealers, custodians, and institutional market participants.  Whats the core message? Well, a shift away from legacy, label-based classifications toward a function-based approach that reflects how digital assets are actually used in settlement and liquidity.  A central pillar of the proposal is the treatment of fully backed payment stablecoins, , as high-quality collateral.  Ripple argues that when stablecoins are issued under a verifiable mint-and-burn structure with clear backing, they should be treated as cash-equivalent settlement instruments. This would allow institutions to post them as margin without incurring

05-27Industry

New Zealand Dollar: RBNZ signals extended hiking cycle – TD Securities

Finance  New Zealand Dollar: RBNZ signals extended hiking cycle – TD Securities  TD Securities reports that the RBNZ kept the OCR at 2.25% in a split decision, with Governor Breman‘s casting vote preserving the hold. However, the Monetary Policy Statement and updated OCR track point to a pre-emptive hiking cycle starting in July, with a series of 25 bps moves projected to take the cash rate to 3.25% by February 2027, broadly matching TD’s own forecast path.  Split board but hawkish rate track  “The RBNZ left the OCR at 2.25% at todays MPS meeting but signaled a series of rate hikes is likely at upcoming meetings. The decision to hold was a finely balanced with Governor Breman casting the deciding vote to hold. The deciding vote was required given that three RBNZ Board members voted to keep the cash rate on hold at 2.25% while the three external Board members voted to hike 25bps.”  “Indeed, the Summary of the record of meeting notes the Committee discussed the ”risks“ of higher term inflation feeding through to medium term inflation, but the Board nonetheless flagged it intends to act preemptively to ensure that ”…higher costs do not lead to elevated inflation over the medium term, while avoiding

05-27Industry

Intuitive Machines Stock Analysis: 34–37 Range Signals Next Move

LUNR — daily chart with candlesticks, EMA20/EMA50 and volume.Intuitive Machines Stock Daily Trend: Structure and MomentumTrend structure  Shares printed a wide intraday range and closed at 34.86, below the daily pivot yet above key trend references. The base case remains bullish-with-volatility, with 34–37 as the tactical decision zone. Notably, price holds above the 20-day EMA 31.49, the 50-day EMA 26.98, and the 200-day EMA 18.57, keeping short-, medium-, and long-term uptrends intact.  Momentum and volatility  Daily RSI(14) 60.39 signals firm but not stretched momentum. Meanwhile, daily MACD sits at 2.98 vs. signal 2.69 with a histogram of 0.29, showing positive pressure that is cooling. Bollinger Bands put the mid at 30.38 and the upper at 39.70; price remains in the upper half. ATR(14) is 4.84, confirming elevated volatility.  Pivot map and volume  The daily pivot stands at 37.24 with R1 43.14 and S1 28.97, offering a clear bounce-or-fade roadmap. Additionally, volume surged to 47.3M on the session as the NASA headline hit, underscoring heightened participation.  Intraday Technicals for LUNR: 1-Hour and 15-Minute1-Hour view: digestion after the spike  Price sits below the 1H EMA20 38.21 and 1H EMA50 35.90, while still above the 1H EMA200 30.32. Therefore, near-term pressure persists inside a broader advance. RSI(14) 42.44 is sub-50,

05-27Industry

Ethereum’s CROPS Mandate: DeFi’s Privacy Test

Building Compliant Privacy: A Practical Path  If you are designing a DeFi protocol or wallet today, you can integrate privacy without excluding users or inviting unacceptable risk. A practical sequence looks like this:Define your threat model: Decide whether you are protecting user identity, counterparties, strategies, or all three. Clarify who must be able to audit (users, counterparties, regulators, or the public).Choose a disclosure policy: Express rules as on-chain verifications (e.g., “user holds a credential signed by issuer X proving not on sanctions list and is jurisdiction-eligible”). Avoid hardcoding PII or lists; verify signatures and revocation status.Pick a credential stack: Use W3C VCs, a ZK-friendly schema, and a wallet that can safely hold credentials. Consider Polygon ID or EAS for attestations.Implement ZK proofs: Integrate a circuit that proves compliance attributes without revealing raw data. Keep circuits upgradable via governance, with transparent audits.Segment flows: Separate “public” pools from “credential-gated” pools to avoid cross-contamination of compliance assumptions. Document bridging rules clearly.Offer view-key or consented audit: Let users generate viewing keys or grant decrypt permissions for tax filings, disputes, or regulated counterparties.Harden your mempool strategy: Use private RPCs or encrypted orderflow where feasible; be transparent about builder relationships and inclusion guarantees.Plan for revocation and recovery:

05-27Ethereum

ETH Treasury Firms Rely on Staking Revenue as Losses Top $1.4B, Everstake Says

The findings point to a broader repricing of digital asset treasury (DAT) companies. Everstake said the 283 largest DAT firms hold a combined $118.3 billion in underlying assets, with an aggregate premium of 17.7%. But many individual DAT stocks now trade below the value of their holdings.  That marks a shift from earlier market cycles, when public treasury companies were among the few regulated routes for equity investors seeking digital asset exposure. Spot and ether ETFs have changed that equation by offering simpler and often cheaper access.  Bohdan Opryshko, Everstakes co-founder and CEO, said the market is rewarding deployed assets over idle balances.  DATs that rely on passive exposure are being structurally repriced, while those that actively deploy capital are setting the new standard. That deployment is no longer limited to standard protocol staking. It includes liquid staking, integration into DeFi lending markets, optimized block construction, and MEV capture.  Everstakes conclusion is blunt: size alone is no longer enough. For ETH treasury companies, the next test is not how much ether they hold, but how efficiently they put it to work.

05-27Ethereum
1
...
336338
...
1000