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Former Bank of Japan member: The Bank of Japan's interest rate hike window is shrinking Sayuri Shirai, a former member of the Bank of Japan's board, said that if the bank wants to raise interest rates further, it may need to do so within this year, otherwise the window will close. Japan's weak domestic demand makes it difficult to raise interest rates, and if inflation falls below the central bank's 2% target, rate hikes will be more difficult to push forward. "The Bank of Japan may want to normalize policy as soon as possible, even if it can only slightly correct the excessive depreciation of the yen," she said. "But Japan's economy is too weak, and fragile domestic demand is incompatible with the path of rate hikes." Although Japan's wage growth shows positive signs, continued inflation is suppressing household spending. The latest government data showed that private consumption was flat in January-March. The central bank expects consumer inflation to slow to below 2% in the next fiscal year starting in April 2026 and beyond, which Shirai believes will complicate further rate hike decisions. Growth headwinds are also intensifying. Japan faces the risk of a technical recession after its economy shrank in the first quarter, and exports to the United States fell for the first time in four months in April, highlighting the impact of high tariffs. (Jinshi)

Big news is brewing from the Lone Star State! The Texas legislature is making significant strides towards embracing digital assets, specifically Bitcoin. A bill that could authorize the state to directly invest in Bitcoin has successfully passed the Texas House. This development signals a potentially major shift in how states might manage reserves and explore new financial frontiers. For anyone watching the intersection of government finance and digital currencies, this move towards Texas Bitcoin investment is certainly one to keep an eye on. At its core, the legislation known as the Texas Strategic Bitcoin Reserve and Investment Act aims to give the state the legal authority to hold and invest in Bitcoin. This isn’t just about allowing individuals or businesses within Texas to use crypto; it’s about the state government itself potentially becoming a participant in the Bitcoin market. According to reports, including one from @BTCTN on X, the bill has cleared a major hurdle by passing the House. Think of state reserves like a savings account or investment portfolio for the government. These funds are typically invested in safe, stable assets like bonds or other traditional securities to ensure financial stability and potentially generate returns. The idea behind this Texas crypto bill is to explore the possibility of including Bitcoin within that portfolio. Key aspects often considered in such legislation, based on similar discussions globally, would likely include: While the precise details of the Texas bill’s current form await finalization and public release post-passage, the intent is clear: to open the door for state-level Bitcoin investment as a strategic financial move. Texas has long positioned itself as a hub for innovation and business-friendly policies. Its strong energy sector, independent spirit, and growing tech scene make it a natural fit for exploring new technologies like blockchain and cryptocurrency. Several factors likely contribute to the state’s interest in pursuing a State Bitcoin reserve: 1. Economic Diversification and Innovation: Investing in Bitcoin could be seen as a way to diversify state assets beyond traditional markets and signal Texas’s commitment to being at the forefront of the digital economy. This could attract more cryptocurrency businesses and talent to the state. 2. Potential Inflation Hedge: With concerns about inflation impacting traditional fiat currencies, some proponents view Bitcoin as a potential store of value or hedge against the devaluation of the dollar over the long term. A State Bitcoin reserve could serve this purpose. 3. Capitalizing on Bitcoin’s Growth Potential: Despite its volatility, Bitcoin has shown significant growth over its history. State investment could potentially yield substantial returns, adding to state coffers without increasing taxes. 4. Leveraging the Energy Sector Connection: Texas is a major energy producer. Bitcoin mining is an energy-intensive process. There’s a growing movement to use excess or otherwise wasted energy (like flared gas) for Bitcoin mining. State involvement in Bitcoin could potentially tie into strategies for stabilizing the energy grid or utilizing energy resources more efficiently. 5. Attracting the Crypto Industry: By embracing Bitcoin at the state level, Texas enhances its appeal to cryptocurrency companies looking for favorable regulatory environments and supportive infrastructure. This aligns with the state’s broader economic development goals. The push for Texas Bitcoin investment is multifaceted, driven by a mix of financial strategy, technological interest, and economic development ambitions. The concept of a Texas Strategic Bitcoin Reserve is perhaps the most intriguing part of this bill. What would such a reserve look like in practice? It wouldn’t likely replace the state’s entire treasury overnight, but rather represent a specific allocation within the state’s broader investment portfolio. Imagine a portion of state funds, perhaps earmarked from specific sources or set as a percentage limit, being converted into Bitcoin. This Bitcoin would then be held in secure digital wallets, likely managed by experienced financial professionals or a newly established state entity with expertise in digital assets. The ‘strategic’ aspect implies that the reserve wouldn’t just be passively held. It could potentially be used for: Creating a State Bitcoin reserve involves navigating significant technical and logistical challenges, particularly around security and custody. State funds would need the highest level of protection against hacks or loss of private keys. Here’s a simplified comparison of traditional state reserves vs. a potential Bitcoin reserve: The vision is bold and represents a significant departure from traditional state finance, highlighting the growing acceptance and potential role of Bitcoin investment in the public sector. Should the bill become law and Texas proceed with Bitcoin investment, the state could realize several benefits: These potential upsides explain the legislative drive and the enthusiasm from the crypto community regarding the Texas crypto bill. Of course, investing public funds in a volatile asset like Bitcoin is not without its challenges and risks. Lawmakers and state officials would need to carefully consider and mitigate these factors: Addressing these challenges through careful planning, clear policies, and transparent reporting would be crucial for the success and sustainability of a Texas Strategic Bitcoin Reserve. While direct state government investment in Bitcoin reserves is relatively new in the U.S., other states and jurisdictions have explored various forms of cryptocurrency engagement: The Texas crypto bill, specifically focusing on state treasury investment and a strategic reserve, represents a significant step beyond creating friendly regulations or city-level tokens. It places Texas among a small, but growing, group of governmental entities directly holding Bitcoin as a treasury asset. With the passage through the Texas House, the bill now moves to the final stage of the state legislative process: the governor’s desk. Governor Greg Abbott will have the ultimate decision on whether to sign the Texas Strategic Bitcoin Reserve and Investment Act into law, veto it, or allow it to become law without his signature. The governor’s stance on cryptocurrency has generally been perceived as positive, emphasizing innovation and attracting crypto businesses to the state. However, signing a bill authorizing direct state investment in a volatile asset like Bitcoin is a significant policy decision that will undoubtedly involve careful consideration of the potential benefits against the inherent risks. The coming weeks will be critical as the bill undergoes final review. The crypto community, financial analysts, and Texas residents will be watching closely to see if the Lone Star State takes this historic leap into direct State Bitcoin investment. For various stakeholders, the potential passage of this Texas crypto bill has several implications: The potential Texas Bitcoin investment represents a fascinating development in the evolution of digital assets and their integration into traditional financial systems. The passage of the Texas Strategic Bitcoin Reserve and Investment Act by the House marks a pivotal moment. While the bill still requires the governor’s signature, its progression highlights a growing legislative interest in integrating Bitcoin into state financial strategy. The potential establishment of a Texas Strategic Bitcoin Reserve could bring significant benefits, from economic diversification and attracting innovation to potential long-term investment returns. However, it also necessitates careful navigation of volatility, security, and regulatory challenges. Texas is already a key player in the energy sector and increasingly in Bitcoin mining. Adding state-level Bitcoin investment to the mix could solidify its position as a leader in the digital asset space. This Texas crypto bill is more than just a financial maneuver; it’s a statement about embracing future technologies and exploring new models for state finance in the 21st century. All eyes are now on the governor to see if Texas will officially take this historic step towards State Bitcoin investment. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Dogecoin (DOGE) price is currently trading around $0.2278, consolidating just below a key resistance after a recent bounce. On both the daily and hourly charts, DOGE price has shown signs of strength — but also clear hesitation. The charts indicate that bulls are defending key support zones, yet struggling to break above a well-defined resistance band. On the daily chart, Dogecoin price has been moving in a tight channel after a strong rally earlier this month that pushed prices above $0.26, followed by a pullback. Currently, DOGE is trading between its 50-day SMA ($0.193) and 200-day SMA ($0.269). This zone has become a battleground. The 20-day moving average is at $0.208, and DOGE price is comfortably above it. Historically, when DOGE holds above the 20-SMA, it tends to make another leg up. The last breakout from this level (on May 9) took DOGE from $0.19 to $0.29 — an over 52% move. If the Dogecoin price can close above $0.2335 , it could signal a short-term breakout with a likely push toward $0.25, and if momentum sustains, even back to $0.265. The hourly chart reveals a recent rejection from $0.2301, a level tested multiple times in the last 24 hours. The pullback to $0.2266 is currently sitting near a cluster of short-term moving averages (SMA 20 to 100) around $0.223 to $0.225, forming a support ribbon. This zone is critical. A break below it could bring DOGE price back to the next hourly support at $0.2218, followed by $0.2175. However, if this support holds and DOGE bounces with volume, it could retest $0.230, and potentially break it — forming a bullish continuation pattern. The Dogecoin price action is squeezing within narrowing support and resistance levels, creating a symmetrical triangle setup on the hourly chart. Typically, this pattern precedes a breakout. To calculate the potential move: Height of the triangle: Breakout Target = $0.230 + $0.013 = $0.243 This sets a short-term target of $0.243 if DOGE can break upward. On the flip side, a breakdown below $0.217 could send DOGE back to $0.208 or even $0.198. If DOGE price sustains above $0.225 and breaks $0.233 , we could see a quick rally toward $0.243-$0.25 range. This would also align with renewed altcoin sentiment as BTC dominance has been slightly fading. However, failure to hold $0.221 could start a downtrend toward $0.208, the daily 20-SMA and a key structural support. Near-Term Outlook: Dogecoin price is currently at a make-or-break zone . With rising volume, moving average support, and a bullish triangle forming, the odds of a breakout seem slightly higher — but confirmation is key. Watch for a clean close above $0.233 with volume. If that happens, DOGE might just be gearing up for a solid upward push. If you're already in a position, tightening stop-losses under $0.221 is wise. If you're looking to enter, wait for the breakout and confirmation — Dogecoin doesn't forgive late entries when momentum dies down. Let’s see if the dog runs again. Start now on Bitget: Sign Up Here Check Live DOGE Chart: DOGE/USDT on Bitget Dogecoin (DOGE) price is currently trading around $0.2278, consolidating just below a key resistance after a recent bounce. On both the daily and hourly charts, DOGE price has shown signs of strength — but also clear hesitation. The charts indicate that bulls are defending key support zones, yet struggling to break above a well-defined resistance band. On the daily chart, Dogecoin price has been moving in a tight channel after a strong rally earlier this month that pushed prices above $0.26, followed by a pullback. Currently, DOGE is trading between its 50-day SMA ($0.193) and 200-day SMA ($0.269). This zone has become a battleground. The 20-day moving average is at $0.208, and DOGE price is comfortably above it. Historically, when DOGE holds above the 20-SMA, it tends to make another leg up. The last breakout from this level (on May 9) took DOGE from $0.19 to $0.29 — an over 52% move. If the Dogecoin price can close above $0.2335 , it could signal a short-term breakout with a likely push toward $0.25, and if momentum sustains, even back to $0.265. The hourly chart reveals a recent rejection from $0.2301, a level tested multiple times in the last 24 hours. The pullback to $0.2266 is currently sitting near a cluster of short-term moving averages (SMA 20 to 100) around $0.223 to $0.225, forming a support ribbon. This zone is critical. A break below it could bring DOGE price back to the next hourly support at $0.2218, followed by $0.2175. However, if this support holds and DOGE bounces with volume, it could retest $0.230, and potentially break it — forming a bullish continuation pattern. The Dogecoin price action is squeezing within narrowing support and resistance levels, creating a symmetrical triangle setup on the hourly chart. Typically, this pattern precedes a breakout. To calculate the potential move: Height of the triangle: Breakout Target = $0.230 + $0.013 = $0.243 This sets a short-term target of $0.243 if DOGE can break upward. On the flip side, a breakdown below $0.217 could send DOGE back to $0.208 or even $0.198. If DOGE price sustains above $0.225 and breaks $0.233 , we could see a quick rally toward $0.243-$0.25 range. This would also align with renewed altcoin sentiment as BTC dominance has been slightly fading. However, failure to hold $0.221 could start a downtrend toward $0.208, the daily 20-SMA and a key structural support. Near-Term Outlook: Dogecoin price is currently at a make-or-break zone . With rising volume, moving average support, and a bullish triangle forming, the odds of a breakout seem slightly higher — but confirmation is key. Watch for a clean close above $0.233 with volume. If that happens, DOGE might just be gearing up for a solid upward push. If you're already in a position, tightening stop-losses under $0.221 is wise. If you're looking to enter, wait for the breakout and confirmation — Dogecoin doesn't forgive late entries when momentum dies down. Let’s see if the dog runs again. Start now on Bitget: Sign Up Here Check Live DOGE Chart: DOGE/USDT on Bitget

Bitcoin (BTC) has surged beyond $108,000, reigniting excitement across the crypto market. With momentum picking up and institutional investors doubling down, many are asking the same question: Should you buy Bitcoin now—or wait for a dip? A perfect storm of institutional adoption, shrinking supply, and technical strength powers the latest price rally. And perhaps the biggest news of all is coming from the world’s largest asset manager: BlackRock . BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 636,000 BTC, putting it on a trajectory to overtake Satoshi Nakamoto’s estimated 1.1 million BTC holdings by summer 2025. That’s more than 57% of the way there. This institutional milestone marks a shift in Bitcoin’s ownership landscape—from anonymous origin to Wall Street giants. With over $46 billion in inflows and ETF demand accelerating, the move validates Bitcoin’s role as a serious asset class. ETF analyst Eric Balchunas noted that if Bitcoin hits $150K, IBIT’s BTC stash could surpass Satoshi’s even sooner. Bullish Target: If ETF flows stay strong, BTC could push toward $115K–$120K in the next few weeks. Correction Zone: A healthy pullback to $98K–$102K would not break the bullish structure and may offer a buy-the-dip opportunity. Mid-Term Outlook: If Bitcoin closes above $110K consistently, a rally to $130K–$150K could follow by summer. If you're in for the long term, buying Bitcoin now still makes sense , especially as institutional players like BlackRock reshape the demand landscape. However, if you’re a short-term trader, consider waiting for a dip—or setting limit orders around key support zones. Either way, the key is to stay informed and manage your entry with a clear plan. Start now on Bitget: Sign Up Here Check Live BTC Chart: BTC/USDT on Bitget Bitcoin (BTC) has surged beyond $108,000, reigniting excitement across the crypto market. With momentum picking up and institutional investors doubling down, many are asking the same question: Should you buy Bitcoin now—or wait for a dip? A perfect storm of institutional adoption, shrinking supply, and technical strength powers the latest price rally. And perhaps the biggest news of all is coming from the world’s largest asset manager: BlackRock . BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 636,000 BTC, putting it on a trajectory to overtake Satoshi Nakamoto’s estimated 1.1 million BTC holdings by summer 2025. That’s more than 57% of the way there. This institutional milestone marks a shift in Bitcoin’s ownership landscape—from anonymous origin to Wall Street giants. With over $46 billion in inflows and ETF demand accelerating, the move validates Bitcoin’s role as a serious asset class. ETF analyst Eric Balchunas noted that if Bitcoin hits $150K, IBIT’s BTC stash could surpass Satoshi’s even sooner. Bullish Target: If ETF flows stay strong, BTC could push toward $115K–$120K in the next few weeks. Correction Zone: A healthy pullback to $98K–$102K would not break the bullish structure and may offer a buy-the-dip opportunity. Mid-Term Outlook: If Bitcoin closes above $110K consistently, a rally to $130K–$150K could follow by summer. If you're in for the long term, buying Bitcoin now still makes sense , especially as institutional players like BlackRock reshape the demand landscape. However, if you’re a short-term trader, consider waiting for a dip—or setting limit orders around key support zones. Either way, the key is to stay informed and manage your entry with a clear plan. Start now on Bitget: Sign Up Here Check Live BTC Chart: BTC/USDT on Bitget

Important Read GM everyone Crazy how NOTHING changed during the night with BTC - its STILL ranging: under major resistance above ltf support But what can see? That the price last 8 hours is holding above 0.75 fib lvl - which usually means the continuation of the bullish trend. Honestly on the one side I can see that there is almost no fuel left to push higher, but even this last pump towards to new ATH can change significantly the game in crypto. Means, alts will finally start giving major moves as well. Its either 10 % up from here or 10% down from here (in the best case) But what I noticed on ALTs is that they are forming Higher Lows. Have bullish divergences on several timeframes and holding support areas. ETH - bounced EXACTLY from Bullish OB/ 0.5 fib lvl and already 4% up! Expecting that the price will break till higher lvls. BTC.D - standing under the strong resistance lvl - once it will start declining - alts should pump! So, after taking all the emotions away, checking market on different timeframes - I can say that Bulls are leading current situation. I won’t short anything unless BTC start loosing 105800$