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12 May 2026, 16:00

Euro Set to Outperform Against Pound and Canadian Dollar, Says TD Securities

BitcoinWorld Euro Set to Outperform Against Pound and Canadian Dollar, Says TD Securities TD Securities has issued a new currency forecast, suggesting the euro is positioned favorably against both the British pound and the Canadian dollar in the near term. The analysis, which focuses on diverging monetary policy paths and macroeconomic data, indicates that the eurozone’s economic resilience and the European Central Bank’s (ECB) cautious stance could provide a tailwind for the single currency. Diverging Central Bank Policies Drive the Outlook The core of TD Securities’ argument rests on the expected divergence in interest rate trajectories. While the Bank of England (BoE) and the Bank of Canada (BoC) are anticipated to cut rates more aggressively to support slowing domestic economies, the ECB is seen as holding a relatively more hawkish line. This policy gap typically benefits the currency with the higher yield or more restrictive stance, in this case, the euro. Recent economic data from the eurozone has been mixed but has not deteriorated as sharply as in the UK or Canada. This relative stability gives the ECB less urgency to ease policy, contrasting with the BoE, which faces a weaker growth outlook, and the BoC, which is grappling with a cooling housing market and trade uncertainties. EUR/GBP: Technical and Fundamental Support For the EUR/GBP pair, TD Securities highlights a combination of technical resistance levels and fundamental pressures. The pound has been under pressure from persistent domestic inflation concerns and sluggish economic activity, while the euro benefits from a more balanced risk profile. Analysts suggest that any further weakness in UK retail sales or industrial production data could accelerate the move higher for the euro against sterling. EUR/CAD: Commodity Prices and Rate Expectations The Canadian dollar, often sensitive to commodity prices, faces headwinds from a potential softening in oil demand and a more dovish BoC. TD Securities notes that while crude oil prices provide some support, the broader macroeconomic picture favors the euro. The ECB’s reluctance to signal imminent rate cuts gives the euro an advantage in the carry trade, making it more attractive for investors seeking yield in the G10 space. What This Means for Traders For forex traders and institutional investors, this outlook suggests a potential opportunity to position for euro strength. However, TD Securities also cautions that the view is contingent on upcoming eurozone inflation data and ECB communications. A surprise dovish shift from the ECB could quickly reverse the favorable dynamic. Conclusion TD Securities’ analysis presents a clear, data-driven case for euro outperformance against the pound and Canadian dollar. The key driver is the expected divergence in monetary policy, with the ECB likely to remain less accommodative than the BoE and BoC. While risks remain, particularly from eurozone economic data, the current setup provides a compelling narrative for the euro in the near to medium term. FAQs Q1: Why does TD Securities think the euro will outperform the pound? A1: The primary reason is the expected divergence in monetary policy. The Bank of England is anticipated to cut interest rates more aggressively than the European Central Bank, making the euro more attractive from a yield perspective. Q2: What is the main risk to this euro bullish view? A2: The main risk is a significant downturn in eurozone economic data that forces the ECB to adopt a more dovish stance, narrowing the policy gap with the BoE and BoC and weakening the euro. Q3: How do commodity prices affect the EUR/CAD outlook? A3: The Canadian dollar is sensitive to commodity prices, especially oil. If oil prices fall, it could further weaken the CAD. However, TD Securities’ view is more focused on interest rate differentials than commodity movements for this specific forecast. This post Euro Set to Outperform Against Pound and Canadian Dollar, Says TD Securities first appeared on BitcoinWorld .

12 May 2026, 15:51

Arthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K

Bitcoin (BTC) could move above $90,000 and revisit its all-time high of around $126,000, BitMEX co-founder Arthur Hayes said. He says the aggressive spending by governments and banks to fund AI infrastructure, as well as military spending and energy security projects, has helped fuel the crypto bull market. Hayes Ties Bitcoin Outlook to AI Spending and Wartime Liquidity The core of Hayes’s argument is that the Chinese and American governments have handed themselves political cover to print money aggressively and that this flood of liquidity will lift Bitcoin more than almost any other asset. The first driver is the AI arms race, with the former BitMEX CEO saying that both Trump and Xi view machine intelligence as a matter of national survival, not just commercial opportunity. “The presidents of America and China both believe that AI and tech supremacy are integral to the survival of their fiefdoms,” he stated, adding that the tech industry in each country has been “more than happy to sell them a horror story of what happens to the glorious nation should the other side gain supremacy over machine intelligence.” That framing, according to Hayes, makes any central bank pushback on inflationary lending politically impossible, meaning both dollars and yuan will flow into AI regardless of what it does to consumer prices. The second driver is the US attack on Iran, with the crypto investor claiming that the date it started, February 28, is the moment the current bull market began in earnest. He argued that the conflict has exposed something the rest of the world can no longer ignore: that the US will start wars affecting global commodity flows without consulting the countries most harmed by the disruption. The consequence, in his opinion, is that sovereign nations will stop recycling surpluses into US Treasuries and S&P 500 ETFs and instead spend that capital on pipelines, defense, and commodity stockpiles. That will in turn create a structural problem for US markets, which Hayes believes the Fed and Treasury will patch with looser financial conditions, including expanded dollar swap lines and relaxed banking regulations. Each of these tools will expand the supply of dollars, and more dollars in Hayes’s framework means higher BTC prices. Where Bitcoin Stands According to Hayes, Bitcoin’s recovery to its all-time high is a matter of when, not if. “Retaking the $126,000 is a foregone conclusion,” he wrote. He believes the surge will get even faster once BTC passes the $90,000 mark because he thinks many covered call sellers will be forced to buy back their positions as the price pushes through their strike levels, creating a self-reinforcing squeeze. As of this writing, the OG crypto is trading under $81,000, up nearly 13% in the last month but still about 36% below that ATH. Still, investment flows have shown that there is improving sentiment around Bitcoin. According to CoinShares, digital asset investment products recorded $857.9 million in inflows last week, the sixth consecutive week of positive flows, with BTC alone pulling in $706 million, to bring its year-to-date inflow total to $4.9 billion. The post Arthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K appeared first on CryptoPotato .

12 May 2026, 15:35

Bermuda to Launch Stellar-Based Digital Payment System for Salaries and Merchant Payments

BitcoinWorld Bermuda to Launch Stellar-Based Digital Payment System for Salaries and Merchant Payments The government of Bermuda is building a digital payment system based on the Stellar network (XLM), the Stellar Development Foundation (SDF) announced. This initiative follows a previously outlined plan, presented at the World Economic Forum (WEF), to transition the nation’s economy onto a blockchain-based infrastructure. Bermuda’s Move to an On-Chain Economy Bermuda’s government has begun migrating major payment and financial services to a system built on Stellar. Residents can now use a Stellar-based wallet to receive salaries, make payments at stores, pay government fees, and send cryptocurrency. The move is part of a broader strategy to modernize the country’s financial infrastructure, increase efficiency, and reduce costs associated with traditional payment processing. The partnership with the Stellar Development Foundation provides Bermuda with access to a proven, decentralized network designed for cross-border payments and asset tokenization. Stellar’s low transaction fees and fast settlement times make it suitable for a national payment system handling everyday transactions. Implications for Residents and Businesses For Bermuda’s residents, the new system offers a digital alternative to cash and traditional bank transfers. Salaries deposited into the Stellar-based wallet can be spent directly at participating merchants or used to settle government fees, reducing reliance on physical currency and legacy banking systems. Businesses are expected to benefit from lower transaction costs and faster settlement compared to credit card networks or wire transfers. The government has indicated that the system will be integrated with existing financial regulations, including anti-money laundering (AML) and know-your-customer (KYC) requirements, to ensure compliance and security. Why This Matters for the Broader Crypto Market Bermuda’s adoption of Stellar for government payments represents one of the most concrete examples of a national government integrating blockchain technology into its core financial operations. While other countries have explored central bank digital currencies (CBDCs) or blockchain pilots, Bermuda’s approach uses an existing public blockchain rather than a permissioned or proprietary system. This development could serve as a reference model for other small island nations or jurisdictions seeking to modernize their payment systems. It also strengthens Stellar’s position as a network for real-world use cases, potentially driving further adoption and network effects. Conclusion Bermuda’s digital payment system on Stellar marks a significant step in the practical application of blockchain technology for government services. By enabling salary payments, merchant transactions, and fee collection on a public network, the government is testing a model that could influence how other nations approach digital finance. The success of this initiative will depend on user adoption, regulatory clarity, and the system’s ability to handle the demands of a national economy. FAQs Q1: What is the Stellar network? The Stellar network is a decentralized, open-source blockchain platform designed for fast, low-cost cross-border payments and asset tokenization. It uses its native cryptocurrency, Lumens (XLM), to facilitate transactions and prevent spam. Q2: Will Bermuda’s digital payment system replace the Bermudian dollar? No. The system is designed to work alongside the Bermudian dollar, which will likely be tokenized on the Stellar network. Residents will use digital representations of the national currency for transactions, not a separate cryptocurrency. Q3: Is this system available to all Bermuda residents? The government has announced the system is live, but availability may be phased. Residents will need to download a Stellar-based wallet and complete identity verification (KYC) to use the service. The government plans to expand access over time. This post Bermuda to Launch Stellar-Based Digital Payment System for Salaries and Merchant Payments first appeared on BitcoinWorld .

12 May 2026, 15:30

Canadian Dollar Slides as Hot US Inflation Data Bolsters Hawkish Fed Stance

BitcoinWorld Canadian Dollar Slides as Hot US Inflation Data Bolsters Hawkish Fed Stance The Canadian Dollar weakened against its US counterpart on Wednesday, extending recent losses as stronger-than-expected US inflation data reinforced expectations that the Federal Reserve will maintain a hawkish monetary policy stance for longer. The USD/CAD pair climbed to a fresh session high following the release of the US Consumer Price Index (CPI) report, which showed inflation remaining stubbornly elevated. US Inflation Data Fuels Hawkish Fed Expectations The US Bureau of Labor Statistics reported that headline CPI rose 0.3% month-over-month in January, above the 0.2% forecast. On an annual basis, inflation came in at 3.1%, exceeding the 2.9% consensus estimate. Core CPI, which excludes volatile food and energy prices, also surprised to the upside, rising 0.4% month-over-month and 3.9% year-over-year. The data effectively dampens hopes for an imminent rate cut by the Federal Reserve. Market participants had been pricing in a potential easing cycle beginning as early as May, but the latest figures suggest the central bank will need to keep interest rates higher for longer to combat persistent price pressures. This has provided a strong bid for the US Dollar across the board, weighing heavily on the Canadian Dollar. USD/CAD Technical and Market Reaction The USD/CAD pair surged through resistance near the 1.3500 level, reaching its highest point in over a week. The move reflects a combination of a stronger greenback and renewed concerns about the Canadian economy’s sensitivity to interest rate differentials. Canada’s economy is closely tied to commodity prices, particularly oil, but the US Dollar’s broad strength has overwhelmed any support from relatively stable crude oil prices. Traders are now watching for further catalysts, including upcoming speeches from Federal Reserve officials and Canadian GDP data due later this week. A sustained break above 1.3550 could open the door for a test of the 1.3600 handle, while support is seen near 1.3450. Implications for Forex Traders and Investors For forex traders, the hawkish repricing of Fed policy creates a clear divergence between the US and Canadian monetary policy outlooks. The Bank of Canada (BoC) has already signaled a more cautious approach, with markets pricing in a higher probability of a BoC rate cut in the coming months compared to the Fed. This policy divergence is likely to keep the Canadian Dollar under pressure in the near term. Investors with exposure to Canadian assets should monitor the USD/CAD trajectory closely, as a weaker loonie can impact returns on Canadian equities and bonds when converted back to US Dollars. Importers and exporters in both countries will also feel the effects, with a stronger US Dollar making Canadian goods cheaper for American buyers but increasing costs for Canadian firms importing US products. Conclusion The Canadian Dollar’s decline following the hot US inflation data underscores the ongoing dominance of US monetary policy in driving global currency markets. With the Federal Reserve likely to remain on hold for an extended period, the loonie faces headwinds from a widening interest rate differential and a resilient US economy. Traders will continue to parse incoming economic data for clues on the timing of any policy shifts, but for now, the path of least resistance for USD/CAD appears higher. FAQs Q1: Why did the Canadian Dollar fall after US inflation data? The stronger-than-expected US inflation data reduced expectations that the Federal Reserve would cut interest rates soon. This strengthened the US Dollar broadly, causing the Canadian Dollar to weaken against it. Q2: What is the key level to watch in USD/CAD? Traders are watching the 1.3550 resistance level. A sustained break above this could lead to a test of 1.3600. On the downside, support is near 1.3450. Q3: How does a weaker Canadian Dollar affect the economy? A weaker loonie makes Canadian exports cheaper for foreign buyers, which can boost export-oriented industries. However, it also increases the cost of imported goods, potentially fueling inflation and raising costs for businesses and consumers. This post Canadian Dollar Slides as Hot US Inflation Data Bolsters Hawkish Fed Stance first appeared on BitcoinWorld .

12 May 2026, 15:18

Mark Zuckerberg New META AI Predicts the Price of Bitcoin by The End of 2026

The number Mark Zuckerberg Meta AI predicts on Bitcoin price prediction by end-2026 is not $100,000. It is not $150,000 either. It is $250,000. And the logic behind it is cleaner than most people expect from a social media company’s AI. Meta’s model does not rely on a single catalyst. It stacks 4, all moving simultaneously. The post-halving supply crunch is already in effect, reducing new BTC issuance at the exact moment spot ETF inflows are pulling coins off exchanges at scale. Layer corporate treasury adoption, 401k integration, and sovereign wealth fund positioning on top of that, and you have a demand profile that is structurally different from any previous cycle. Source: Meta AI Bitcoin Price Prediction The final piece is macro: rate cuts resuming means global liquidity is expanding again, and Bitcoin has historically front-run liquidity cycles hard. Meta frames all of this under the digital gold narrative, fully reclaimed, which means BTC is no longer competing with risk assets for capital; it is competing with gold for reserve allocation. That is a different game entirely, and the AI thinks the trade looks like a $180,000 to $250,000 range when it plays out. The bear case is tight but credible. Sticky inflation keeping the Fed hawkish longer than expected, a harsh regulatory move on exchanges, or a macro credit shock could trigger forced deleveraging across leveraged positions. Meta puts the downside retest zone at $65,000 to $80,000 in that scenario, which is actually not that far from where BTC USD price sits right now. The floor is closer to the ceiling than the uncomfortable truth sitting underneath this prediction. Bitcoin (BTC) 24h 7d 30d 1y All time Bitcoin Price Prediction: $250,000 Target, Here Is the Distance the Chart Has to Cover to Hit Meta AI Predicts BTC USD price is trading at $80,890 on the daily, having clawed back roughly $20,000 from the February low of $61,000 in what is shaping up as one of the steadier recoveries of this cycle. No blowoff candles, no euphoric gaps. Just a consistent grind of higher lows since the bottom, which is actually the healthiest way to rebuild structure after a crash of that size. The immediate problem is resistance at $82,000-$84,000. That zone has been tested twice in the past 2 weeks and rejected both times. It is the remnant of the pre-crash consolidation range from late 2025, and it is where sellers who missed the top are sitting. A clean break above $84,000, with volume, changes the entire picture and opens the path toward $90,000, then toward the $96,000 to $98,000 area, where the real overhead supply from October and November kicks in. Support below is $76,000 to $78,000, the launchpad for the current leg, and where buyers have shown up consistently since March. Lose that zone, and the recovery thesis gets complicated fast, putting Meta’s bear-case floor of $65,000 back into a realistic range. The gap between $80,890 and $250,000 is large. But so was the gap between $61,000 and here, and that closed in 3 months. Meta Projects That Bitcoin Hyper Could Outperform Bitcoin Next Some traders rotating between cycles are already looking past large caps entirely. Bitcoin Hyper is positioning itself for that rotation. The project is building the first Bitcoin Layer 2 with Solana Virtual Machine integration, claiming sub-Solana latency while keeping Bitcoin’s security layer intact. Fast, low-cost smart contracts on Bitcoin without abandoning its trust model. That is a gap neither Ethereum nor Solana fills directly. The presale has raised $32.5 million at $0.013679 per token with high APY staking available for early participants. The risk profile is different here. Higher upside potential, earlier entry, and significantly more execution risk than anything trading on major exchanges. That tradeoff is the whole point. Research Bitcoin Hyper here. The post Mark Zuckerberg New META AI Predicts the Price of Bitcoin by The End of 2026 appeared first on Cryptonews .

12 May 2026, 15:17

US Inflation Rises to 3.8%, Higher Than Expectations; Bitcoin, XRP, ADA Price Decline

US inflation rose faster than expected in April 2026, adding new pressure to financial markets and weakening hopes that the Federal Reserve will lower interest rates soon. The U.S. Bureau of Labor Statistics reported Tuesday that the consumer price index increased 0.6% month over month and 3.8% year over year. Economists had expected annual inflation of 3.7%. The latest figure marked the highest annual CPI reading since May 2023. Core CPI, which excludes food and energy, rose 0.4% for the month and 2.8% from a year earlier. That was also slightly above expectations and kept inflation well above the Federal Reserve’s 2% target. Source: X The rise in US inflation was driven largely by energy costs. Energy prices rose 3.8% in April and accounted for more than 40% of the monthly CPI gain. Gasoline prices increased 5.4% on the month and were up 28.4% from a year earlier, according to the report. Food prices also moved higher. Food at home rose 0.7%, the largest monthly increase since August 2022. Fresh fruit and vegetable prices climbed sharply, reflecting higher transport and refrigeration costs tied to diesel and broader energy prices. Energy Costs Push US Inflation Higher The latest US inflation report showed that price pressure has moved beyond fuel alone. Shelter costs rose 0.6% in April after slowing in previous months. Shelter remains one of the largest components of CPI and continues to affect the overall inflation reading. Airfares increased 2.8% on the month and were up 20.7% year over year, partly due to higher jet fuel costs. Apparel prices rose 0.6%, while household furnishings and operations increased 0.7%. Some categories showed less pressure. New vehicle prices fell 0.2%, used car and truck prices were unchanged, and medical care costs declined 0.1%. Hospital services fell 0.3%, while health insurance dropped 0.4%. The report also showed weaker real wage growth. Inflation-adjusted average hourly wages fell 0.5% in April and were down 0.3% from a year earlier. That marked the first annual decline in real hourly wages in about three years. The energy shock has been linked to rising tensions in the Middle East and the U.S.-Iran conflict, which has kept oil prices elevated. Higher fuel costs have affected transport, food distribution, air travel and household budgets. Bitcoin and Crypto Market React to CPI Data Bitcoin traded near $80,551 after the CPI release, showing a brief decline of about 1.2% before stabilizing. The hotter-than-expected inflation data reduced expectations for near-term Federal Reserve rate cuts, a factor that often pressures risk assets. Crypto markets have been sensitive to US inflation data because higher inflation can keep interest rates elevated. Higher rates usually make cash and government bonds more attractive compared with Bitcoin, Ethereum, and other digital assets. Ethereum traded near $2,286, down about 2.3% on the day. The decline came as ETH remained under pressure from recent ETF outflows and a lack of strong follow-through above resistance levels. XRP held near $1.46 and remained more stable than several other major altcoins. Traders continued to watch the $1.50 resistance area, while attention also remained on the Senate Banking Committee’s planned CLARITY Act vote on May 14. BNB traded around $660.59, holding a small 24-hour gain but pulling back from earlier levels near $670. Cardano traded near $0.277, down about 1.15% as traders waited for clearer signals on rates and crypto regulation. Fed Rate Cut Hopes Weaken After CPI The US inflation report complicates the Federal Reserve’s policy path as Kevin Warsh prepares to replace Jerome Powell as Fed chair, pending final confirmation. Markets had been watching whether inflation would slow enough to support rate cuts later in 2026. The April CPI data moved expectations in the opposite direction, with traders reducing bets on easing and some raising the probability of a future rate hike. Treasury yields moved higher after the report. The two-year yield reached about 3.97%, the 10-year yield moved near 4.43%, and the 30-year yield touched 5.0%. The Federal Reserve kept its policy rate unchanged at its most recent meeting. Officials remain split over the next move, with some policymakers open to tighter policy if inflation keeps rising. The next Fed meeting is scheduled for June. The April US inflation data gives the central bank less room to justify near-term cuts unless future reports show cooling price pressure. Subsequently, market pricing has also shifted after the CPI release. The odds of a Federal Reserve rate hike in 2026 rose to 31%, the highest level this year, after US inflation reached a three-year high. Earlier this year, traders had priced in more than three rate cuts for 2026. Those rate-cut expectations have now been removed, reflecting the market’s view that inflation may keep policy tighter for longer.