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📰 Trump recua parcialmente sobre tarifas contra BRICS 📍Por Igor Pereira – Analista da ExpertFX School 🇺🇸🌐 Trump recua parcialmente sobre tarifas contra BRICS Segundo agências de notícias (RTRS), o presidente dos EUA, Donald Trump não implementará imediatamente a tarifa adicional de 10% sobre países que não aderirem à agenda antiamericana dos BRICS. Embora Trump tenha ameaçado tarifas generalizadas para qualquer nação que colabore economicamente com o bloco liderado por China, Rússia, Índia, Brasil e África do Sul, o comunicado de hoje sugere uma abordagem mais gradual, sinalizando que o envio de “cartas tarifárias” (previsto para 9 de julho) poderá ocorrer em fases, e com base em alinhamento diplomático e comercial de cada país. 🔎 Impacto de curto prazo: Alívio nos mercados emergentes e moedas como o real brasileiro e o rand sul-africano. Volatilidade moderada nos pares do dólar com BRICS deve continuar, mas com menor intensidade. Cautela institucional permanece sobre cadeias de suprimento. ❗️🇺🇸 Perspectiva de juros zero volta ao radar do Fed Segundo documento conjunto dos Fed de Nova York e San Francisco, publicado nesta segunda-feira, existe “perspectiva real” de que a taxa básica volte a níveis próximos de zero nos próximos anos, apesar do patamar elevado atual. 📌 Tradução macro: O Fed estuda caminhos de afrouxamento monetário como medida de emergência futura, sinalizando que o atual ciclo de alta pode não durar até 2026, especialmente se a desaceleração econômica se aprofundar. A possibilidade de novos cortes em 2025-2026 pode reacender: Rallys no ouro (XAU/USD). Apetite por ativos de risco nos EUA (ações, criptomoedas). Nova rodada de desvalorização do dólar (DXY) no médio prazo. ❗️🇪🇺 União Europeia não receberá carta tarifária de Trump — por ora Fontes internas da UE informaram à Reuters que a União Europeia não receberá “carta-tarifa” de Trump nesta primeira rodada de retaliações comerciais. 🎯 Isso representa: Alívio para exportadores europeus (automóveis, bens de luxo, tecnologia). Potencial reforço no euro (EUR/USD) no curtíssimo prazo. Abertura para uma reaproximação entre EUA e UE, visando enfraquecer a coesão dos BRICS em negociações multilaterais. 📊 Conclusão & O que esperar dos mercados 1. Dólar (DXY): Testa zona crítica em 96.97, mas possível recuo da guerra tarifária pode estagnar a queda. Contudo, expectativas dovish do Fed podem pesar contra o dólar nos próximos trimestres. 2. Ouro (XAU/USD): Com cotação atual em US$ 3.320, o metal permanece como principal beneficiário do ambiente: Baixos juros futuros Incerteza geopolítica Desdolarização via BRICS 3. Renda variável e ações globais: Menor risco tarifário sobre UE e possível reversão monetária do Fed animam investidores — mas atenção: o risco de recessão nos EUA persiste, e ainda estamos longe de acordos definitivos. 📲 Siga ExpertFXSchool para alertas diários e cobertura macro de alta precisão.

Bitcoin is currently on the path to holding a strong footing above $109,000 after reclaiming the $108,000 price level in the past seven days. Notably, Bitcoin’s price has gained more than $3,000 over the past week, with bullish momentum building steadily across the broader crypto market. Bitcoin is once again flirting with all-time highs, and popular crypto analyst Merlijn The Trader recently shared a technical analysis on social media that claims Bitcoin has now entered its third parabolic phase. His chart places Bitcoin right on track for another historic climb to crazy price targets even in 2025. Bitcoin Following Familiar Price Schedule According to Merlijn’s analysis, Bitcoin’s current market structure is mimicking its past two parabolic rallies that took place in 2017 and 2021. Just like in previous cycles, Bitcoin’s current price cycle has moved through a prolonged consolidation phase and gradually grinded upward. The next thing now is a vertical breakout. A weekly chart that followed his post on the social media platform X highlighted this trend with three red bowl-shaped curves, each leading into a green “Parabolic Phase” box that represents the final leg of each bull run. The price action so far in 2024 and 2025 has continued to trace this same path. The curve that began forming after the 2022 bottom is now tilting upward sharply. Interestingly, Bitcoin bounced cleanly off the lower arc during its April crash to $74,000, just as it did in 2016 and 2020 before launching into new all-time highs. Crypto analyst Merlijn believes this rebound is the strongest indication yet that the final breakout phase is approaching. No Second Chances: Here’s The Price Target According to the analyst, Bitcoin’s current price structure on the weekly chart has never failed in previous cycles. However, anyone waiting on the sidelines may miss the move entirely. “Bitcoin bounced off the parabolic curve support, momentum is building, and if history rhymes with the biggest burst of the move, this parabolic phase does not give second chances,” he explained. The most interesting part of Merlijn’s forecast is the price target itself. Based on the chart he shared, the green parabolic zone for 2025 extends as high as $335,000, representing more than a 205% rally from current levels. The mid-region of the box is around $150,000, making even the conservative price target significantly higher than Bitcoin’s current price. This prediction is based on the magnitude of previous parabolic runs, which saw Bitcoin increase by over 2,000% in 2017 and more than 1,300% from its 2020 lows to its 2021 peak. If the third phase delivers a similar rally, the path to $335,000 may not be far-fetched. At the time of writing, Bitcoin is trading at $108,850, having reached an intraday high of $109,574.

Dundee Precious Metals (TSX: DPM) has the full go-ahead to proceed with its Loma Larga underground gold project after the government of Ecuador granted the company its environmental licence for exploitation. In a press release Monday, the Toronto-based Dundee said the Ministry of Environment, Water and Ecological Transition (MAATE) issued the licence on June 23 following a “rigorous process” by the Ecuadorian government. The licence issuance follows the company’s successful completion of the indigenous consultation process earlier this year, as well as its fulfilment of the August 2023 ruling by the provincial court of Azuay, where the project is located. Shares of Dundee Precious Metals gained 1.9% by 1 p.m. ET on the news, trading at C$22.08 apiece for a market capitalization of C$3.7 billion. ‘High-quality’ project The milestone comes four years after Dundee acquired the Loma Larga project to establish its presence in Latin America. The project has previously received pushback from non-government organizations and local agencies for its potential impact on the local water supply and ecosystem. The Azuay provincial court has sided with the company, provided that it completes the required consultation process. In his statement, Dundee Precious Metals CEO David Rae confirmed the company is “designing and advancing Loma Larga in line with the highest standards for environmental and water management.” Dundee, which operates two producing mines in Europe, considers Loma Larga to be a “high-quality underground development project” that shares similar geology, mining method and processing flowsheet to its Chelopech copper-gold mine in Bulgaria. A 2021 feasibility study indicated that it has the potential to produce an annual average of approximately 170,000 oz. of gold during an estimated 12-year life. The production is based on an estimated mineral reserve totalling 13.9 million tonnes grading 4.91 grams gold per tonne, for 2.2 million oz. of contained gold. In Monday’s release, the company said it has already completed an updated feasibility study and plans to release it in due course. In the meantime, it is focused on completing its recently announced acquisition of Adriatic Metals.

Drilling by Luca Mining (TSXV: LUCA) has returned results as high as 15.1 metres grading 5.35 grams gold per tonne, 187.5 grams silver, 0.31% copper, 8.39% zinc and 2.75% lead in the Reforma deposit at the company’s Campo Morado mine in southwest Mexico. Shares increased. That result, from 254.8 metres depth in hole CM-RF-25-001 also cut 21.5 metres grading 4.24 grams gold, 158.5 grams silver, 0.38% copper, 2.05% lead and 6.24% zinc; as well as 7.1 metres at 7.1 grams gold, 238.2 grams silver, 0.29% copper, 4.02% lead and 9.55% zinc. Campo Morado, a polymetallic underground operation, is located in Guerrero state, about 160 km southwest of Mexico City. “Intersecting thick, high-grade, gold-rich massive sulphides in Luca’s first drillhole at the Reforma deposit clearly demonstrates how quickly the company’s exploration efforts can have a transformative impact on the mine and also our ability to realize the untapped metal endowment of Campo Morado,” Luca vice-president exploration Paul Gray said in a release. “Luca is uniquely positioned to target [the Reforma and El Rey] deposits during record gold prices while continuing to build out the resources in the G9 deposit.” Exploration is taking place at the El Rey and Reforma targets, about 1 km northeast of production sites at the G9 and El Largo deposits. Campo Morado produced about 175,334 tonnes in the first quarter for 7,677 oz. gold. G9, part of the same underground mining complex as Reforma, was previously mined by other operators. Luca shares gained 9% to C$1.57 apiece on Monday morning in Toronto, for a market capitalization of C$407.5 million. The stock has traded in a 12-month range of C$0.41 to C$1.61. 5,000-metre program Another highlight hole, CMUG-25-015, returned 11 metres grading 0.32 gram gold, 99.14 grams silver, 4.2% copper, 0.19% lead and 1.63% zinc from surface. Hole CMUG-25-016, meanwhile, cut 30.8 metres at 0.19 gram gold, 22.45 grams silver, 0.18% copper, 0.14% lead and 2.34% zinc from 104.5 metres depth. Luca is conducting 5,000 metres of drilling at the 121-sq.-km Camp Morado deposit this year as it targets near-mine resource expansion. A total of 22 underground holes have been drilled so far. Five surface holes have also been drilled at the Reforma deposit, Luca said – the first exploration there and at El Rey since 2010. Campo Morado hosts 16.6 million measured and indicated tons grading 1.7 grams gold, 123 grams silver, 0.8% copper, 0.93% lead and 4.01% zinc for 700,000 oz. gold, 62 million oz. silver, 200 million lb. copper, 300 million lb. lead and 1.2 billion lb. zinc.

Bankr, in a recent update, pointed out that Ethereum is maintaining its upward momentum, backed by solid volume and a more favorable news environment. Although brief spikes in volatility may arise from macroeconomic events, Bankr believes the broader trend remains intact, as long as $2,510 holds. Ethereum Three-Day Price Trend Action Analyzing price action over the last 72 hours, Bankr noted a gently rising three-day trend. ETH started near $2,535, spiked to $2,598, and is now holding around $2,571 — a gain of roughly +1.5% for the period. The strongest push came Sunday night when ETH jumped $50 in one hour on the heaviest volume of the week. Since then, the price has been consolidating in a tight $2,565–$2,585 range. On the candle side, higher lows are visible at $2,506, $2,512, $2,540, and $2,560, which shows buyers are stepping in a little earlier on each dip. Examining simple indicators, Bankr noted that the 20-hour moving average is approximately $2,565, with the price sitting just above it — a mildly positive sign. The 50-hour moving average is around $2,538 and still shows a sloping upward trend bias, while candles stay above $2,540. For momentum, a quick RSI-style check shows ETH touched overbought during the $2,598 spike, then cooled to neutral (50–55), which leaves room for another leg higher. As for key levels, Bankr outlined support at $2,550 (recent pivot), $2,510 (volume shelf), and $2,480 (weekly floor). On the resistance side, levels to watch include $2,590–$2,600 (last high) and $2,625 (March swing high). News Impact And Game Plan While Ethereum surges, a stronger-than-expected US jobs report typically acts as a headwind, since it implies the Fed will likely stay on hold. However, Bankr noted that crypto appears to be shrugging it off, thanks to a solid risk appetite that’s keeping momentum intact despite the macro pressure. On the political front, Bankr highlighted that next week’s US “Crypto Week” in Congress, combined with the administration’s pro-crypto stance, is lifting sentiment. Traders are now positioning ahead of potential developments, including clearer regulatory direction and ETH-related ETF chatter, both of which are helping boost confidence. In terms of sector dynamics, Bankr pointed to ongoing institutional accumulation from players like Metaplanet. Additionally, Bankr mentioned the recent USDC burn, which reflects responsible supply management and supports a more constructive backdrop for Ethereum. Outlining a flexible approach, Bankr points to the accumulation of dips, placing laddered limit buys at $2,555, $2,535, and $2,505 in case of a sharp shakeout. For a breakout trade, if ETH closes an hourly candle above $2,600, look to enter or add with a short-term target at $2,625–$2,650, and place a stop just under $2,580. As a protective exit, if ETH drifts below $2,510 on rising volume, momentum likely shifts, cutting exposure or using a stop around $2,495 can help limit drawdowns. For profit-taking, Bankr suggests trimming partial positions at $2,590 and again near $2,625, while leaving a runner in case a summer rally extends toward $2,700.

The Twiga Minerals joint venture between Barrick Mining (TSX: ABX) (NYSE: GOLD) and the Tanzanian government has reached its fifth anniversary, marking a period of economic and infrastructure contributions to the country, the miner said . “When we established Twiga, it was about more than just resolving legacy issues,” President and CEO Mark Bristow said on Monday. “It was about building a new future by unlocking Tanzania’s gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders.” Formed in 2019 as part of a deal to settle a protracted tax dispute, Twiga has since injected $4.79 billion into Tanzania’s economy, including $558 million in the first half of this year. Barrick oversees its Tanzanian operations through Twiga, which in turn manages the Bulyanhulu, North Mara and Buzwagi mines. Bristow said the partnership offers a sustainable model for mineral development. Over 90 percent of procurement is sourced from Tanzanian suppliers, most of them local companies. Tanzanians make up 96 percent of the workforce, with nearly half coming from surrounding communities. One tangible example of the partnership’s impact is the Future Forward education initiative, a $30-million collaboration with the Tanzanian government and the President’s office. Now in its second phase, the programme is expected to provide classroom space for 45,000 additional students across the country. No production surprises Barrick reported that all its Tanzanian mines continue to perform in line with production guidance. At Bulyanhulu, development of the Upper West decline is well underway, supported by a new fleet and upgraded infrastructure. Targeted investments in ventilation and dewatering systems are easing operational bottlenecks, improving efficiency and extending the mine’s production lifespan. Barrick says its Tanzanian mines continue to deliver in line with guidance. At the Bulyanhulu gold mine, development of the Upper West decline is well advanced, supported by the arrival of a new fleet and improved access through expanded infrastructure. At North Mara, a newly commissioned battery energy storage system has improved power reliability. Both underground and open-pit mining are progressing as planned. Community resettlement efforts are nearing completion, and the mine continues to strengthen relationships with surrounding communities. “Our partnership with host communities is fundamental to our presence in Tanzania,” Bristow noted. “We’ve had to work hard to rebuild relationships, particularly around North Mara, and we are seeing the benefits of consistent engagement and delivery on our commitments.” Exploration remains a key focus. Current drilling aims to expand resources at Gokona and Gena within North Mara, and along Reef 1 and Reef 2 structures at Bulyanhulu. Airborne geophysics and drilling are also planned at the newly consolidated Siga and Nzega greenfield sites to replace mined ounces and build a sustainable resource pipeline. Buzwagi mine in Tanzania. (Image courtesy of Barrick Mining) Even at Buzwagi, now in closure, Barrick is focused on long-term value. A special economic zone is under development with several investors engaged. Meanwhile, the Barrick Academy is on track to train over 2,800 supervisors and foremen from across Africa by year-end. “Our commitment to Tanzania didn’t end when the ore ran out at Buzwagi,” Bristow said. “We’re leaving behind infrastructure and institutions that will benefit the country well into the future.” Reflecting on the five-year milestone, Bristow said Twiga has stabilized operations and built a foundation for long-term value through shared ownership, local empowerment, and responsible development. “Twiga is more than a company. It is a model for what mining can be when it’s done right, in partnership and with purpose,” Bristow said. The partnership has faced challenges. In November, the Ontario Superior Court dismissed a lawsuit filed by 21 Tanzanian nationals who accused Barrick of complicity in extrajudicial killings carried out by police at the North Mara mine. The court ruled it lacked jurisdiction to hear the case.

Gold prices retreated on Monday as market concerns eased after US President Donald Trump announced an extension to the upcoming tariff deadline while reiterating that several trade deals are in place. Spot gold was down 0.5% at $3,319.77 per ounce as of 11:30 p.m. ET. Earlier, it had fallen nearly 1% to a one-week low of $3,297.15. US gold futures also dipped 0.5% to $3,327.80 per ounce in New York. Click on chart for Live Prices Weighing on gold was a stronger US dollar, which received a lift earlier after Trump threatened that he would place an additional 10% tariff on countries aligned with the BRICS group of nations. Furthermore, market participants are still digesting the US economic data from last week and gauging the Federal Reserve’s monetary policy path. “The market volumes remain quiet at this moment, and price action is probably still just reflecting the latest piece of economic data, but also starting to look forward to the potential for trade deals to be announced,” said Daniel Ghali, commodity strategist at TD Securities. Despite Monday’s decline, gold is still up more than 25% this year, trading about $190 shy of a record set in April, with investors seeking safety in the metal amid heightened geopolitical and trade tensions. (With files from Reuters)

The Australian Dollar is coming off several weeks of strength, buoyed by broad market optimism and fading tariff concerns that have lifted global growth sentiment—typically a supportive backdrop for the AUD and other commodity-linked currencies. Australia’s economy remains resilient, with the unemployment rate holding near 4.1%. However, the Reserve Bank of Australia (RBA) expects the number to gradually rise toward year-end, adding to the case for further monetary easing. With that in mind, markets widely expect a 25 bps rate cut at the upcoming RBA meeting (Current 3.85% expected to get to 3.60%). While this move is largely priced in, surprises remain possible, especially as inflation—though easing—may be reignited by Trump’s tariffs on Chinese goods, which could spill over into Australia through trade channels. AUD moves aren’t purely driven by domestic factors. Keep an eye on the US Dollar, which is rebounding to start the week, as well as China’s economic trajectory. Any slowdown from the Middle Kingdom—Australia’s top trading partner—could weigh on the Aussie, though current data doesn’t yet reflect such weakness. The Rate Decision is coming up overnight at 00:30 A.M ET. Read More: After the NFP surprise, is the US dollar back in play? Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Canadian miner Aya Gold & Silver (TSX: AYA) cut a highlight result of 9 metres grading 80 grams silver per tonne at its Boumadine project in Morocco and said it discovered a new high-grade gold-copper zone at surface. Highlight hole BOU-DD25-547, in the Tizi zone, also yielded 42 grams gold, 3.6% zinc, 1.8% lead and 0.04% copper from 117 metres depth, Aya said Monday in a statement. Another hole, BOU-MP25-028, intercepted 3.27 grams gold per tonne, 19 grams silver, 0.3% zinc, 0.1% lead and 0.1% copper over 4.3 metres from 392 metres downhole, the company said. The latest drill results extend the project’s Imariren mineralized trend by 1 km, Aya said. Both the Imariren and Tizi zones remain open in all directions. “Boumadine continues to showcase significant potential as a large-scale, high-grade deposit, with mineralization remaining open in all directions, reinforcing the opportunity for further resource expansion,” Scotia Capital mining analyst Ovais Habib said Monday in a note. “This growth underscores our view of the project’s strategic importance and its capacity to evolve into a cornerstone asset.” Resource update Monday’s results come about four months after Aya boosted the indicated resource at Boumadine by 160% and the inferred resource by 24% over a 2024 report. Indicated resources now stand at 5.2 million tonnes grading 91 grams silver per tonne, 2.78 grams gold, 2.8% zinc and 0.85% lead, the company said Feb. 24. The new high-grade gold-copper zone is located west of the Boumadine main trend. Called Asirem, it extends the mineralized footprint by more than 9 km. Grab samples from the zone returned 3.34 grams gold and 4% copper, Aya said. Exploration and development Aya has now completed 79,732 metres of drilling at Boumadine this year as part of its scheduled drill program, which is expected to cover up to 140,000 metres. The miner has set aside C$25 million to C$30 million for exploration and development in 2025. The company is aiming to release a preliminary economic assessment of the project next year. Aya shares rose about 1% to C$12.25 in midday trading in Toronto Monday, giving the company a market capitalization of about C$1.8 billion. The stock has ranged between C$8.52 and C$19.56 in the past year.

The U.S. Secret Service has now seized over $400M in digital assets, all of which are stored in a single cold wallet, making it one of the largest cold wallet crypto stashes around. It’s worth noting that these assets have been recovered over a period of 10 years by tracking and neutralizing online cryptocurrency scams. Global crypto scams totaled around $16.6B in 2024 alone, with Americans losing a chunky $9.3B. Out of this, older adults were hit the hardest, losing nearly $2.8B. Read on as we dig into how these scams are executed and how the Secret Service works to neutralize them. We’ll also explain why using a secure, non-custodial crypto wallet like Best Wallet (powered by $BEST) is absolutely critical to keeping your crypto safe. How Are Cryptocurrency Scams Neutralized? Jamie Lam, an investigative analyst with the U.S. Secret Service, shed light on how these scams operate and how they neutralize them. In one instance, scammers used photos of attractive individuals to lure unsuspecting investors into seemingly legitimate cryptocurrency websites, often complete with sleek design and dedicated support teams to build trust. Initial deposits would yield small profits, which encouraged the victims to keep investing. Eventually, the platform would stop working, and the account balance would disappear into thin air. Jamie’s team traced the fake investment site’s domain using open source tools to uncover details like registration time and ownership. When they tracked the domain purchase, it led them to a crypto wallet, and a brief VPN failure finally helped expose the scammer’s IP address. A large part of these takedowns also depends on cooperation from industry players like Tether and Coinbase. In fact, Tether helped the Secret Service recover $225M worth of $USDT in what was one of the largest crypto scam busts to date. All of this underscores the importance of using a secure crypto storage solution like Best Wallet. By giving you total control of your assets and keeping them safe from phishing and fraud, Best Wallet ensures you don’t fall prey to a crypto hack. What is Best Wallet? As mentioned above, Best Wallet is a free crypto wallet that’s completely self-custodial. This simply means that you and only you will have access to your wallet’s private keys, ensuring that no third party, not even Best Wallet’s employees, can access your wallet or the funds therein. Along with this, Best Wallet also comes with excellent 2FA/MFA options, allowing you to set up a second one-time password for access to your account. Here, you have the option to use biometric authentication, which is one of the safest and most sought-after 2FA measures. What’s more, Best Wallet leverages advanced cryptographic technology to protect you and your stored crypto against theft, hacks, and other malicious crypto attacks, including scams and phishing attempts. Even better, Best Wallet employees verify every token before making it available on their platform, safeguarding you from investing your hard-earned money into scam tokens. That’s not all, though, as Best Wallet has some exciting upgrades in store. It’ll soon roll out advanced anti-fraud protection and defenses against sophisticated MEV (Miner Extractable Value) attacks. More Than Just Security: Best Wallet Supercharges Meme Coin Access and Trading One of the most unique features of Best Wallet is that it allows you to buy new meme coins on presale directly from within the app. Usually, even the best crypto wallets will require you to connect to a presale’s website and complete your purchase from there. However, Best Wallet’s ‘Upcoming’ section redefines what simplicity means in the meme coin space by allowing users to buy new meme coins without ever having to leave the app. Furthermore, Best Wallet also plans on offering a full-fledged crypto trading terminal, with limit buy/sell orders, stop-losses, and even dollar cost averaging (DCA). Buy $BEST and Join Best Wallet’s Success Story With a streamlined approach to meme coin purchases, intuitive mobile-first design, and top-notch security, Best Wallet has everything it needs to achieve its goal of capturing over 40% of the non-custodial crypto wallet market by 2027. You can ride this success story by buying Best Wallet Token ($BEST), the project’s native cryptocurrency. It’s currently in presale, with over $13.7M already raised, and each token available at a low price of $0.025295. According to our $BEST price prediction, the token can surge around 180% and reach $0.07 by 2030, offering early buyers a chunky return on their investment. Most importantly, $BEST holders get to unlock a slew of ecosystem benefits. These include reduced trading and gas fees, governance rights, staking rewards (currently yielding 100%), and early access to new meme coin launches. To learn more about Best Wallet, check out its official whitepaper. And for all of the latest updates, follow it on X and join its Telegram channel. Disclaimer: The crypto market is highly volatile and guarantees no returns. This article is not financial advice, and we strongly recommend that you do your own research before investing.

Almonty Industries (TSX, ASX: AII; US-OTC: ALMTF) announced on Monday that it has filed for a public offering on the NASDAQ to fund its planned tungsten oxide facility. Once approved, the shares will trade under the ticker “ALM”, while trading of its OTC-listed shares will cease. “We are pleased to announce our application to list on the Nasdaq concurrent with a US public offering, helping us to secure our position as a leading supplier of tungsten to the US and its allies,” stated Lewis Black, chief executive officer of Almonty, in a press release. Earlier this year, the company announced its plans to change its jurisdiction of incorporation from Canada to the State of Delaware. The application follows Almonty’s announcement last week of a 1-for-1.5 share consolidation to facilitate the NASDAQ listing. Its stock, which was recently added to the S&P/TSX Global Mining Index, began trading on a post-consolidation basis on Monday, opening at C$7.17 a share after closing last week at C$4.62. The tungsten miner’s market capitalization is estimated at just over C$2 billion. Tungsten oxide facility Almonty intends to use the proceeds from the NASDAQ offering to complete the development of a vertically integrated tungsten operation in South Korea by building a tungsten oxide facility. The facility, as the company detailed previously, is expected to process tungsten concentrates from the historic Sangdong mine nearby. The mine, acquired by Almonty in 2015, is fully permitted and in its advanced construction stages, with first production expected this year. Initially, the operation is expected to output 2,300 tonnes of tungsten oxide (WO3) annually from the mine alone, then more than doubling to 4,750 tonnes following completion of the oxide plant, earmarked for 2026/27. The potential mine life is 90 years, the company has said. In July 2024, Almonty signed a memorandum of understanding with South Korea’s Yeongwol County to secure a location for the oxide facility. Under its investment plan, the company will spend around $72 million to build a 60,000-square-meter factory, and another $29 million for upgrades. In its presentation, Almonty said its South Korean operation has the potential to produce over half of the world’s tungsten, as it hosts the largest tungsten deposit globally by inferred resources, with one of the highest grades. The operation would also boast the highest recovery rate at 85% and the lowest cost at $110 per tonne, which is roughly half of China’s average, Almonty’s management previously said.

XRP slipped to around $2.22 on July 7, marking a quiet session for the token. That price sits well below what many crypto backers think it should be. They point to XRP’s speed, its ability to handle thousands of transfers every second, and a growing list of real‑world partnerships as reasons it’s undervalued. XRP Eyes A Slice Of Remittance Market According to recent projections, the global remittance industry will swell from $783 billion in 2024 to $833 billion in 2025, growing at about 6.4% a year. That same pace is expected to push the total to roughly $1.06 trillion by 2029. Based on reports, if XRP captures 25% of that market and investors value its network at twice its annual volume—similar to big payments firms—the token’s market cap would hit $534 billion. With about 60 billion XRP in circulation, each coin would be worth $8.90. Ripple Expands Global Ties Ripple has been busy lining up deals in places that move lots of money overseas. Brazil, Mexico, the UAE, Saudi Arabia, Vietnam, and the Philippines are all on the list. In these markets, people sending cash home often face high fees and slow transfers. XRP’s consensus system lets banks and money‑transfer firms settle payments in seconds, not days. That speed could help push adoption even higher. Legal Clarity Boosts Confidence Based on court rulings, the US now treats XRP sales to retail buyers as not being securities. That change opens the door for more banks and payment companies to jump in without fear of a legal sting. It also gives some larger investors more confidence to hold XRP long term. Purely on network‑value math, XRP at $8.89 would already be a four‑fold jump from $2.22. But crypto markets often bid up tokens beyond those simple models. If growing adoption brings a 4× “demand premium,” XRP could climb all the way to $35.56 by 2029. That scenario assumes Ripple’s partnerships scale up, regulatory risks stay low, and investors see XRP as a must‑have tool for cross‑border payments. Key Risks And Variables Nothing is guaranteed. Market sentiment can swing. Token emissions from escrow or new supply changes could hurt the price. And if banks take longer than expected to roll out XRP‑based services, demand could lag. On the flip side, more use cases—like tokenized assets or on‑demand liquidity—could boost real‑world volume and push the price even higher. Featured image from Meta, chart from TradingView

Stock markets reopened after a prolonged holiday weekend with no major headlines disrupting the recent streak of red-hot bullish sentiment. US President Trump is expected to begin sending formal letters to international counterparts, outlining his administration’s 10% tariff plans—or potentially higher—alongside trade deals that have been in development since the early months of his mandate. Elsewhere, China has moved to restrict EU healthcare device imports, though this has done little to dent global market confidence, with most major indices trading in the green to start the week. In the FX space, volatility may pick up ahead of interest rate decisions from the Reserve Bank of Australia and the Reserve Bank of New Zealand, with both central banks under increased scrutiny amid diverging global monetary paths. The US open is mixed, with indices hesitating as key technical levels come into play. Notably, the Dow Jones Industrial Average is now within 0.5% of its all-time highs, positioning this week as potentially pivotal for further upside momentum. Let’s dive into a multi-timeframe analysis of the US 30 to identify potential headwinds and chart out the zones that could either cap the current rally or open the door to fresh record highs. Read More: Trade Deal Deadline, OPEC + Hike. DAX Hovers at Key Confluence Area Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Crypto expert XForceGlobal has issued a new bullish forecast for the XRP price, predicting that the third-largest cryptocurrency is gearing up for its biggest rally yet. With the Elliott Wave Theory as the key indicator for this move, the analyst believes that XRP could soon see a potential surge between $20 and $30 this bull cycle. XRP Price Forecasted To Rise To $27 In his video analysis posted on X social media, XForceGlobal predicted that XRP is on the cusp of an explosive breakout to $27. The market expert began his analysis by highlighting that XRP’s volatility has crashed to rock bottom, marking the first time in the cryptocurrency’s history that it has reached such levels. Currently, the cryptocurrency is trading close to all-time highs and has been moving within a tight range between $1.5 and $3.8 for six months. XForceGlobal calls this trade range an “unprecedented price action,” which XRP has never experienced on the macro level. XForceGlobal also noted that XRP’s persistent range-bound trading is likely due to investors refusing to sell off their tokens. He revealed that nearly all momentum indicators are aligning in favor of a move toward new all-time highs. More importantly, signals from the Elliott Wave Theory support that XRP may be on the verge of a powerful breakout soon. Using this theory, XForceGlobal explains that XRP is currently entering Wave 3 after experiencing a five-wave move that triggered a surge from $0.37 to above $2.4, followed by a three-wave correction toward $1.5. The analyst explained that within the Elliott Wave Theory, Wave 3 is typically the strongest and longest wave. As a result, he predicts that the XRP price is likely going to hit an initial target around $16.3 soon, making it significantly more profitable than the historic December breakout, when the cryptocurrency surged from its long-held $0.5 range to above $2. Following the completion of Wave 3, XForceGlobal predicts that XRP will possibly experience a crash toward $6 in Wave 4. After this correction, the cryptocurrency is expected to begin forming Wave 5, which is where its price is projected to skyrocket toward $27. XRP Alternative Bullish Case During his video analysis, XForceGlobal suggested that while XRP could potentially surge to between $20 and $30 in Wave 5, this outcome isn’t guaranteed. If it does not play out, the alternative scenario involves a much longer corrective phase within a flat structure. This is anticipated to be followed by a potential breakout above $4 in Wave 3 before a much powerful rally into the double-digit territory. He predicts that once XRP climbs above $4, it could undergo a sharp correction down to $1.56, representing wave c of the five-wave impulse move. Notably, XForceGlobal admitted that it is still challenging to determine which of the two bullish scenarios is more likely to unfold at this time. However, the analyst emphasizes that regardless of which scenario unfolds, XRP will still be aiming for the upside and retesting the $4 level.

Gold prices have started the week on the back foot as hopes grow over a barrage of trade deal announcements are expected this week. The initial July 9 deadline by the Trump administration approaches but there has been mixed messaging which may limit Gold's downside potential ahead of the announcements Most Read: S&P 500, Dow Jones Q3 Outlook: Tariffs, Tech, and Small Cap Concerns close Source: TradingView (click to enlarge) Source: TradingView (click to enlarge) Support 330032913271Resistance 332533543365Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Stellar Lumens hit a critical support level this week at $0.20, putting the token in a precarious spot. At that price, XLM sits 30% below its peak in May and 60% under its 2024 high. Based on reports, bears have been piling on, pushing the funding rate into negative territory since early June. If that support gives way, traders warn XLM could slide toward $0.15, a drop of about 35%. Network Activity Up According to Artemis, operations on the Stellar network surged to 197 million in June. Stablecoin supply also reached a record $667 million. Over the past five months, the total value locked in real‑world asset tokenization grew to $487 million, helped by new offerings such as the Franklin OnChain US Government Money Market Fund. Those figures suggest healthy demand for on‑chain services and asset tokenization inside Stellar’s ecosystem. Funding Rates Down Funding rates in perpetual futures have been negative most days since May. That means more short positions than long ones, with short traders paying long traders to keep their bets in place. XLM’s funding rate hit its lowest point since June 30, pointing to rising bearish sentiment. When funding rates stay deep in the red, it often adds selling pressure as traders brace for steeper losses. The image above shows that XLM funding rates are down on most major exchanges, particularly for stablecoin-margined pairs, data from Coinalyze shows. On‑Chain Growth Clashes With Market Mood Nansen data shows the number of transactions rose by 11% over the last seven days to 182 million. Active addresses climbed 10% to 146,700 in the same span. Even so, price action has ignored these gains. XLM fell beneath its 50‑day and 100‑day Exponential Moving Averages, and momentum appears to favor sellers. Some market watchers suggest that deep negative funding could trigger a short squeeze, turning sentiment around if shorts rush to cover. Chart Patterns Warn Of Drop The daily chart reveals a descending triangle pattern, with $0.21 forming the lower trendline. That level also marked April’s lows when altcoins broadly sold off. XLM has slipped below the 60% Fibonacci Retracement zone, where many traders expect a bounce. A clean break under the triangle could unleash algorithm‑driven orders, sending price toward $0.15. Meanwhile, Stellar’s fundamentals look solid, but technical signals remain bearish. Traders and holders should watch that $0.21 line. A strong rebound there could restore confidence in on‑chain strength. On the flip side, a slide through support may spark faster losses. Either way, XLM’s near‑term path hinges on that key level. Featured image from Meta, chart from TradingView

China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10 deals worth more than $100 million in 2024, the most since 2013 according to data from S&P and Mergermarket data, cited by the Financial Times. Separate research from the Griffith Asia Institute found that last year was the most active for Chinese overseas mining investment and construction since at least 2013. Long the world’s biggest consumer of many strategic resources, China has invested abroad for years to shore up supply. But analysts say this latest wave reflects an urgent shift. Chinese firms are accelerating acquisitions before mounting political resistance in countries like Canada and the United States shuts more doors. That urgency remains has remained evident this year. Last week, Zijin Mining announced plans to buy the Raygorodok gold mine in Kazakhstan for $1.2 billion. In April, China’s Baiyin Nonferrous Group acquired the Mineração Vale Verde copper and gold mine in Brazil from Appian for $420 million. Taken from: China Belt and Road Initiative (BRI) Investment Report 2024. (Click on image to enlarge) Despite dominating global mineral processing, including lithium, rare earths and cobalt, China still relies heavily on imports of raw materials. Western governments are moving to reduce their dependence on China for these metals and rebuild alternative supply chains for key industries like EV batteries, wind power and semiconductors. Gold-fuelled buying spree Surging gold prices have added fuel to Beijing’s mining ambitions. Chinese producers, already the largest gold miners globally, are stepping up overseas deals to compete with Western heavyweights. One of the most aggressive players is Chifeng Gold. The company, China’s largest non-state-owned gold miner, has ramped up production dramatically. From just two tonnes in 2019, output from its five Chinese mines and two overseas operations — in Ghana and Laos — jumped to 15.2 tonnes in 2023. Taken from: China Belt and Road Initiative (BRI) Investment Report 2024. (Click on image to enlarge) With global production of gold flat-lining near 2018 levels and few major new discoveries, many miners with ageing assets see mergers and acquisitions as their clearest path to growth. Along with China’s CMOC Group, Australia’s Northern Star Resources (ASX: GOR) and South Africa’s Gold Fields (JSE: GFI) have been among the most recent buyers of smaller companies as competition intensifies.

Tesla CEO and tech mogul Elon Musk has officially confirmed that his newly formed political party, the America Party, will accept BTC ▲0.84%. Responding to an X user who asked whether his party would embrace BTC, Musk replied bluntly: “Fiat is hopeless, so yes.” — Elon Musk Pitched as a jailbreak from the Democratic-Republican duopoly, the America Party announcement came alongside a sudden surge in Dogecoin. Whether coincidence or calculated, the signal was clear that Musk still has enormous market sway in crypto. DogecoinPriceMarket CapDOGE$25.76B24h7d30d1yAll time DISCOVER: Best New Cryptocurrencies to Invest in 2025 Tesla’s Bitcoin History and Musk’s Crypto Legacy Elon Musk made waves in early 2021 by parking $1.5 billion of Tesla’s treasury into Bitcoin. Fast forward, Tesla’s 11,509 BTC stash is now worth roughly $1.26 billion, which is enough to place it ninth among public companies holding crypto. While the company briefly accepted BTC for vehicle payments, it later paused the program citing environmental concerns. However, the infrastructure for future integration may still be in play. Musk’s decision to launch a new political party comes amid growing tensions with former President Donald Trump. The friction escalated after Trump unveiled his “One Big Beautiful Bill,” a proposed economic plan projected to add $3.3 trillion to the U.S. national debt. “Utterly insane and destructive.” — Elon Musk Political Rift with Trump Over Crypto and Debt Musk began his split from Trump when he questioned the logic of launching initiatives aimed at reducing the debt while simultaneously inflating it with such policies. “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk posted online shortly after criticizing Trump’s landmark ‘Big Beautiful Bill.’ These comments reflect a broader dissatisfaction with both political parties and laid the groundwork for Musk’s America Party, which he describes as one that “actually cares about the people.” DISCOVER: 20+ Next Crypto to Explode in 2025 Dogecoin Price Surges on Political Speculation The crypto market responded quickly to Musk’s political move. Dogecoin rallied more than 5% following the announcement, rising from $0.163 to $0.171. Trading volume exceeded $1.1 billion, with whale wallets aggressively accumulating DOGE even as smaller holders sold off positions. Bitcoin’s sitting comfortably above $108,000, but the bigger setup may be geopolitical. Musk’s renewed crypto activity, combined with dovish Fed rumors, all hint at a convergence of forces that could light a fire under BTC in the coming months. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Tesla CEO and tech mogul Elon Musk has officially confirmed that his newly formed political party. All eyes are on Powell this month. As inflation lingers and labor metrics soften. The post Elon Musk Confirms New America Party Will Accept Bitcoin appeared first on 99Bitcoins.

U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will be a week-long U.S. holiday. God bless America. *claps* The House will spend the week debating three bills that could reshape crypto regulation and whether the U.S. still wants to be a serious player in crypto innovation. If passed, they could finally give the industry the framework it’s been begging for. Meanwhile, a new crypto presale is making headway and could skyrocket during Crypto Week. BitcoinPriceMarket CapBTC$2.17T24h7d30d1yAll time DISCOVER: Best New Cryptocurrencies to Invest in 2025 US Crypto Week: CLARITY Act Brings Long-Awaited Regulatory Certainty Washington is finally trying to stop playing Calvinball with crypto law. The CLARITY Act proposes a simple fix to carve digital assets into three categories: commodities, securities, and stablecoins, and assign each to the right agency. It’s a strategy meant to kill the ambiguity that’s made the U.S. a regulatory minefield for crypto firms. For instance, BTC ▲0.84%, classified as a “digital commodity,” would come under the CFTC’s jurisdiction, while tokens resembling traditional securities would remain with the SEC. Additionally, a dual-track registration system is set to provide more flexibility for crypto platforms to register with the relevant agency. GENIUS Act Caters to Stablecoin Innovation Passed by the Senate, the GENIUS Act is set to bring stablecoins under federal command. It sets the ground rules for who can mint them, how they’re backed, and what oversight looks like when things go sideways. The upshot is: Makes stablecoins legally legitimate as long as they do things like proving reserve backing. There will be less of legal barriers to making your own legally compliant stablecoin. Once the GENIUS Act is signed into law, various entities will begin to replace legacy systems with stablecoin-based systems wherever it is economical to do so. Ideally, soon, someone will offer international payments that arrive in seconds instead of days. This is going to force everyone else to adapt or die. (X) Framed as a firewall against financial surveillance, the Anti-CBDC Surveillance State Act would stop the Fed from distributing a digital dollar to individuals. Crypto Week Standout: TOKEN6900 Raises $220K as Crypto’s First Non-Corrupt Token One token set to go viral during Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 in the bag. It claims to be the first Non-Corrupt Token (NCT), and unlike most projects, that might actually mean something. No mint button. No insider stash. No angel round. 80% of TOKEN6900 goes to public presale, and when they say the price jumps in two days, it does. While central banks hide behind policy jargon and print cash into oblivion, TOKEN6900 is a pure distillation of internet hype and irony, priced at $0.00645… for now. (Token 6900) There’s no mystery here. TOKEN6900 isn’t building the next layer of civilization. It’s not disrupting finance. It’s a meme, and it says so proudly. In a world where central banks rewrite reality while the numbers rot, that kind of blunt-force honesty is the rarest asset of all. GET IN ON THE TOKEN6900 HYPE NOW EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. One token set to go viral during Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 in the bag. The post Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills appeared first on 99Bitcoins.

XRP’s market dominance may be on the verge of a historic breakout, with analyst Cryptoinsightuk (@Cryptoinsightuk) suggesting the token could command as much as 30% of the entire crypto market cap in this cycle—representing a fivefold surge from current levels. 30% XRP Dominance? The bold projection stems from an emerging bullish structure on the XRP dominance chart, reinforced by a key technical signal: the three-day Relative Strength Index (RSI) has broken its multi-year downtrend for the first time since XRP’s last local highs. This shift, visible on the attached chart, signals a significant change in market dynamics, potentially marking the beginning of a new accumulation-driven expansion. The analyst argues that XRP dominance has completed a textbook Wyckoff accumulation pattern. “We’ve pretty much completed a Wyckoff accumulation pattern, and I would argue we’re nearing the end of Phase D and about to enter Phase E,” they noted. According to the Wyckoff method, Phase E represents the breakout phase, where assets typically enter strong markup periods after prolonged accumulation. This interpretation is supported by a side-by-side comparison of the theoretical Wyckoff schematic overlaid directly on XRP dominance price action. The analyst specifically points to the recent “Last Point of Support” (LPS) as confirmation that XRP is transitioning toward breakout territory, having already completed the “Spring” phase—a final shakeout that traps late sellers before a sustained rally. “If that’s correct, we should see significant upside in XRP dominance,” the analyst continued, adding that the signal is particularly meaningful when viewed on the three-day timeframe, which filters out short-term noise and emphasizes broader cyclical trends. In terms of concrete targets, the analyst acknowledges that consensus among market participants remains modest, with many expecting a peak in XRP dominance around 14%. However, CryptoInsightUK argues this is a gross underestimation of potential upside in the event that XRP reclaims narrative leadership in the crypto space. “I believe we could push as high as 20%. There’s even a possibility we reach broader capital inflows accompanying a Bitcoin breakout to new all-time highs. Many are calling for a top around 14% dominance, but I believe we could push as high as 20%,” the analyst wrote. “There’s even a possibility we reach 30%, though I’m personally targeting the 20% zone, which would represent a 5x increase in dominance from current levels.” XRP’s current market dominance sits below 6%, making the analyst’s 20–30% target not just ambitious but transformative. It would mark the first time since the early XRP rally days in 2017 that XRP commanded such a share of the crypto market. The broader context driving this thesis is the possibility of a liquidity-driven crypto cycle, catalyzed by Bitcoin achieving new highs and investor capital rotating into alternative assets. “If this coincides with Bitcoin breaking out to new all-time highs and broader capital flowing into the market, I believe we could witness a major price expansion for XRP—one that few are currently expecting,” the analyst added. At press time, XRP traded at $2.28.

Ukraine has imposed sanctions on 60 crypto firms in Russia, including officials in the Central Bank of Russia. Will these sanctions be successful? Russia and Ukraine have been in conflict since February 20, 2014, when Russia annexed Crimea. The invasion of Ukraine in 2022 marked a major escalation. As of July 7, 2025, the conflict has remained for over three years, with daily attacks causing casualties and property damage on both sides. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Ukraine Sanctions Crypto Firms In Russia On July 6, 2025, Ukrainian President Volodymyr Zelenskyy approved a comprehensive sanctions package targeting 60 Russian crypto firms and 73 individuals, including Central Bank of Russia officials. These sanctions aim to disrupt Russia’s ability to evade Western restrictions through crypto assets. If successful, these sanctions could strengthen Ukraine’s efforts to isolate Moscow’s financial infrastructure in the ongoing conflict. Specifically, Ukraine targeted Russian crypto mining firms and digital asset issuance processors. Russia has already been disconnected from the SWIFT global payment network, and restrictions have been imposed on its $640 billion foreign currency reserves. DISCOVER: Best Meme Coin ICOs to Invest in Today Russia Turns To Crypto However, Russia has increasingly relied on BTC ▲0.84% and some of the best cryptos to buy to circumvent these sanctions to facilitate trade and maintain economic stability. Russian oil companies have reportedly used Bitcoin and top cryptos to settle transactions with non-sanctioned countries like China and India. BitcoinPriceMarket CapBTC$2.17T24h7d30d1yAll time In July 2024, the Duma passed a bill legalizing crypto payments for international trade. The Central Bank of Russia, now targeted by Ukraine’s sanctions, was authorized to oversee an experimental infrastructure allowing approved businesses to use crypto assets for cross-border transactions. In August 2024, President Vladimir Putin approved crypto mining, allowing firms to mine Bitcoin provided they register with tax authorities and comply with energy consumption regulations. By December 2024, Finance Minister Anton Siluanov confirmed that domestically mined Bitcoin was being used in foreign trade under a trial setup with the Central Bank. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Will These Sanctions Be Effective? It remains uncertain whether Ukraine’s sanctions on Russian crypto firms will be effective. Crypto transactions, including those of the top Solana meme coins, are borderless and difficult to block unless intermediaries are directly targeted. To succeed, Ukraine must collaborate globally to pressure non-sanctioned countries to limit dealings with Russian crypto firms. However, Russia’s partners, such as China and the UAE, may continue engaging with these firms. Additionally, Russia has developed an alternative payment system, the Financial Messaging System (SPFS), and proposed crypto exchanges in major cities like St. Petersburg and Moscow, demonstrating growing resilience to Western sanctions. Combined with BRICS initiatives to develop an alternative payment currency and system, Russia is increasingly shifting away from the U.S.-dominated financial system, giving it a strategic advantage. DISCOVER: Next 1000x Crypto – 11 Coins That Could 1000x in 2025 Ukraine Sanctions Crypto Firms In Russia: Will They Succeed? Ukraine sanctions crypto firms in Russia Ukraine aims to further isolate Russia from the global USD-dominated payment system Russia turns to crypto to bypass sanctions Will Ukraine’s efforts be successful? The post 60 Russian Crypto Firms Sanctioned by Ukraine for Evading Restrictions appeared first on 99Bitcoins.

In June 2021, Ethereum was at $ 2,400 and, through a long, arduous lateral price action, has once again bounced above that price range thanks to the support of Ethereum ETFs. Now trading above $2,565 and its 100-hour SMA, ETH looks poised for a stronger breakout. Immediate resistance sits at $2,600 and $2,620, while bulls are clinging to $2,550 as the line they can’t afford to lose. A sustained move could send ETH toward the $2,636 swing high. EthereumPriceMarket CapETH$310.92B24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in Today Are Ethereum Holders Going to Be Left Behind? Ethereum sisters, is it finally our time to shine? Institutional money has been flooding into Ethereum ETFs with $1.17 billion in June, over $1.5 billion so far this year, and projections point to $10 billion by the end of 2025. Bitwise CIO Matt Hougan says it’s simple: “Ethereum increasingly becomes the settlement layer for regulated finance.” As these ETFs pull TradFi deeper into the blockchain, ETH is fast becoming the go-to for tokenized stocks, bonds, and beyond. Additionally, Ethereum’s scalability playbook is working for now. Arbitrum, Optimism, and zkSync are racking up usage as Layer 2s soak up DeFi traffic and gaming demand. Meanwhile, EIP-7983—an upcoming cap on per-transaction gas—promises smoother sailing ahead. It’s a defensive move, but a smart one, as rivals like Solana eye the throne. If Ethereum has any chance of breaking ATHs this year, it will be through its Layer 2 dominance. After months of holding above $2,425, it’s carved out a rounded bottom that some analysts say could be the launchpad for a move toward $8,500 this cycle. The technicals match the narrative for ETH with stronger fundamentals, deeper institutional ties, and no signs of structural weakness. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What’s Next for Ethereum? The old ploy that is Ethereum is waiting to be used. ETH has room to run, but only if it clears the ceiling at $2,620. With ETF inflows growing and Layer 2 infrastructure clicking into place, the setup leans bullish. Still, any drop below $2,520 throws the trend into question. For now, ETH is stuck in a pressure cooker of institutional money, tech upgrades, and trader nerves. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways ETH has once again bounced above that price range thanks to the support of Ethereum ETFs. The old plow that is Ethereum is waiting to be used. ETH has room to run, but only if it clears the ceiling at $2,620. The post Ethereum ETFs Net $2.191 Billion as BlackRock and Fidelity Dominate Inflows appeared first on 99Bitcoins.

Royal Gold (NASDAQ: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL, NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion. The Colorado-based company will pay about $3.5 billion for Sandstorm in an all-stock transaction and $196 million in cash for Horizon. Under the Sandstorm deal, Royal Gold will issue 0.0625 shares for each Sandstorm share, representing a 21% premium based on the 20-day volume-weighted average price. Horizon shareholders will receive C$2.00 in cash per share, an 85% premium. The acquisitions add 40 producing assets to Royal Gold’s portfolio, expected to deliver 65,000 to 80,000 gold equivalent ounces in 2025. Based on current forecasts, this would boost the company’s 2025 production by roughly 26%. After closing, Royal Gold shareholders will own around 77% of the combined entity, while Sandstorm shareholders will hold the remaining 23%. The consolidated company will have 80 revenue-generating assets, with no single asset contributing more than 13% of net asset value. Precious metals will make up 87% of total revenue, with gold accounting for about 75%. “[Thank to this combination] Royal Gold will remain firmly positioned as a leading North American precious metal streaming and royalty company,” president and CEO Bill Heissenbuttel said. “The addition of the Sandstorm and Horizon assets will create a global portfolio of precious metals interests that is unmatched in terms of asset diversification, development and organic growth potential.” Key projects joining the portfolio include the MARA copper-gold project in Argentina, Hod Maden in Turkey, and the Platreef platinum group metals project in South Africa. The boards of all three companies have approved the transactions, which are expected to close in the fourth quarter of 2025, pending shareholder and regulatory approvals.

Like lithium and cobalt, nickel prices have been on a wild ride since forecasts of electric vehicle demand for battery materials first entered the stratosphere and duly came back to earth. In March 2022 two “big shots” of the metals trading world – Paul Singer of hedge fund Elliot and Xiang Guangda of Chinese nickel giant Tsingshan – faced off over short positions that led to a spike above $100,000 per tonne in a matter of minutes. Over $12 billion in cancelled trades, lawsuits and a rethink of nickel trading on the LME ensued but the effect on the ground was short lived and limited. Nickel sulphate entering the EV battery supply did reach more than $30,000 a tonne (on a 100% Ni basis) at the time but since then have been on a steady decline, averaging around the $17,000 a tonne mark in the second quarter of this year. But compared to the lithium price trajectory nickel investors have had it relatively easy. Lithium prices have been decimated since reaching a peak less than three years ago with prices slumping to $8,450 a tonne in June from above $80,000 in November 2022. Pairing average prices with metal deployment in the EV industry shows that while the riches at the end of the EV road have not quite materialised, battery nickel remains an investable space as the graph shows. The value of terminal lithium tonnes deployed in EVs, including plug-in and conventional hybrids, sold around the world from January through May totalled $2.15 billion. Data from Toronto-based research consultants Adamas Intelligence shows the EV battery nickel tally so far this year comes to $2.20 billion. And that is despite the significant move towards nickel-free batteries such as lithium iron phosphate or LPF and the significant cooling of nickel prices at the same time. LFP batteries are close to representing half of EV battery capacity deployed so far this year from less than 1% share at the beginning of the decade. For more graphs covering the battery metals market check out the latest issue of the Northern Miner print and digital editions. * Frik Els is Editor at Large for MINING.COM and Head of Adamas Inside, providing news and analysis based on Adamas Intelligence data.

Overview: After last week's US jobs data and anticipation of a firm CPI reading next week, US interest rates have firmed, and the dollar begins the new week on a firm note. Meanwhile, US tariff letters from the White House may begin being delivered today. Initially, it was signaled that some letter would go out before the weekend. In any event, July 9 may have lost some of its sting as the reciprocal tariffs are now said to go into effect on August 1. The US has struck deals with UK, Vietnam, and partially with China. Several Asian countries are thought to be close to deals. The greenback is firmer against all the G10 currencies, but the Swedish krona, which was underpinned by the stronger than expected preliminary June CPI. The US dollar is also trading firmer against nearly all the emerging market currencies. After falling by almost 0.3% last week, the MSCI Asia Pacific Index traded heavily earlier day. Nearly all the large bourses in the region slipped. South Korea and Singapore were notable exceptions. Europe's Stoxx 600 fell nearly 0.5% last week and is firm today. US index futures are softer, with the S&P futures off almost 0.5% and the Nasdaq futures down around 0.6%. Benchmark 10-year yields are mostly 1-2 bp higher in Europe. UK 10-year Gilts are unwinding more of last week's jump and the yield is off 1.5 bp. Swedish bonds have been punished by the higher inflation read and are up over five basis points. The 10-year Treasury is firm near 4.35%. The US sellers $58 bln three-year notes tomorrow, $39 bln 10-year notes on Wednesday and $22 bln 30-year bonds on Thursday. Gold is about 0.8% lower, trading near a five-day low below $3310 in Europe. August WTI initially fell on the OPEC+ 548k barrel a day increase in output in August (up from 411k barrel increases in May-July). It found bids slightly below $65.50 after gapping lower and is now back into last Thursday's range, near $67.00. USD: The Dollar Index traded in an exceptionally narrow range ahead of the weekend (~96.85-97.10). The multiyear low set last week was a little above 96.35. It breached 97.40 after the better-than-expected jobs data but did not sustain the upside momentum. It is knocking on the area in the European morning. A move above the 97.55 area could spur a move toward 97.90, where the 20-day moving average is found. DXY has not settled above the 20-day moving average since May 19. The US has a light economic diary this week. After the stronger than expected employment data, it will be hard to rebuild any meaningful speculation of a hike later this month. The focus is on the tariff letters, some of which may be delivered today. Treasury Secretary Bessent and Commerce Secretary Lutnick have suggested the July 9 deadline was extended to August 1. And a firm CPI reading next week may lead to more doubts about a September cut. The US 10-year yield slipped below 4.20% on July 1, a two-month low and recovered to almost 4.36% ahead of the long holiday weekend. Near-term risk may extend to 4.45%-4.50%. The US two-year yield rose from slightly below 3.70% to 3.90% after the employment report. There looks like potential back to 4.0% if not slightly above. EURO: The euro set its multiyear high last week near $1.1830. It is consolidating and fell slightly below $1.1720 after the US jobs data. It is posting an outside day, trading on both sides of last Friday's range. The consolidative phase could morph into a correction on a break of $1.1685, arguably encouraged by the wider US interest rate premium. The eurozone reported the one notable release this week earlier today. May retail sales fell by 0.7%, nearly offsetting in the full the cumulative monthly prints in the first four months of the year (0.9%). The June composite PMI rose to a three-month high, but consumption seems to be struggling, though that is a larger economic category than retail sales. The reason many economists expect the eurozone economy to have stagnated in Q2 after expanding by 0.6% in Q1 stems from less government spending not consumption. German factory orders disappointed before the weekend (-1.4% month-over-month vs 0.2% median forecast in Bloomberg survey), but the upward revision in the April series (1.6% from 0.6%) offered compensation. However, earlier today, German reported a 1.2% surge in May industrial output after a revised 1.6% decline in April (initially -1.4%). It rose by a cumulative 2.6% in Q1. CNY: The dollar held barely above CNH7.15 last week and in the recovery on the back of the employment data, reached about CNH7.1740. It has edged up to about CNH7.1785 today to take out the 20-day moving average for the first time in two weeks. The next nearby target is around CNH7.1925. The PBOC set the dollar's reference rate at CNY7.1506, a new low since last November (CNY7.1535 before the weekend and CNY7.1586 last Monday). This week's main economic report from China is Wednesday's price data. China may end a four-month period in which CPI had fallen on a year-over-year basis. It has been down 0.1% year-over-year, March through May, and may be flat in June. The disinflation in goods prices may not be so much a function of demand as it is over-investment and the market-share focused competition. The decline in food prices does not appear to have been triggered by a decline in demand. More assuredly than CPI ending a deflationary phase is that producer prices remain mired in its. The last time Chinese producer prices rose on a year-over-year basis was September 2022. Even if it moderates to -3.2% from -3.3% as the median forecast in Bloomberg's survey projects, it would be the second lowest print since July 2022. JPY: The dollar reached a five-day high against the Japanese yen after jump in US rates in response to the June US jobs report. The gains have been extended today to almost JPY145.50, to meet the 50% retracement (~JPY145.35) of the greenback's slide since the June 23 high. The next retracement (61.8%) is near JPY146. That seems reasonable provided the JPY143.50-65 support area holds. Ahead of the weekend, Japan reported a 4.7% year-over-year surge in household spending (-0.1% in April). It was nearly 4x more than the median forecast in Bloomberg's survey. Earlier today, Japan reported a disappointing 1% rise in labor cash earnings in May from a year ago. The median forecast in Bloomberg's survey was for a 2.4% rise. Last May they had risen by 2%. However, when adjusted for inflation, real earnings were 2.9% below May 2024, when they had fallen by 1.3%. Japan reports May's current account tomorrow. The May surplus is expected to have widened, as it has for four of the past five May's. That said, the trade deficit may have widened. The trade balance typically deteriorates in May (16 times in the past 20 years). The median forecast in Bloomberg's survey is for a JPY524.4 bln deficit after a JPY32.8 bln shortfall in April. The swaps market sees virtually no chance of a rate hike at the BOJ meeting at the end of the month and has about 12 bp of tightening discounted before the end of the year. GBP: Sterling peaked last week near $1.3790, the best level since October 2021. The political drama drove it slightly below $1.3565 a day later. This met the (50%) retracement objective (~$1.3580) of the rally from the June 23 low (~$1.3370). It consolidated in the last two sessions and has approached last week's lows today. The next retracement (61.8%) is closer to $1.3530, and provided it holds below the $1.3700 area, it seems to be a reasonable initial target. In an otherwise quiet economic diary for the UK, the highlight is the May GDP report at the end of the week. It follows a 0.3% contraction in April. Economists will be looking for confirmation that after a 0.7% quarterly expansion in Q1, UK growth slowed to around 0.2% in Q2. CAD: The greenback came within spitting distance of the year's low against the Canadian dollar set in mid-June near CAD1.3540. It reached nearly CAD1.3555, last week's low after the US jobs report on July 3. The US dollar stalled and recovered to about CAD1.3615 before the weekend. It has extended its gains into the CAD1.3685 area today. In the CAD1.3650-60 area, the greenback met the (38.2%) of the US dollar's fall since June 23 and the 20-day moving average. The (50%) retracement is a little above CAD1.3700. The Ivey PMI, on tap today, typically does not elicit much of a market reaction, and it will likely confirm what we already know. The Canadian economy is struggling and might have contracted in Q2. The data highlight of the week comes at the end in the way of the June jobs report. It will likely what a continued slowing of the labor market. Canada added about 60.5k jobs in the first five months of the year compared with a 165.5k in the Jan-May period last year. Of those jobs, almost 43k this year have been full-time positions. In the same year ago period, Canada added 55.5k full-time jobs. The unemployment rate has risen to 7% in May from 5.70% in January 2024 and 6.3% last May. AUD: The Australian dollar ran into determined sellers as it approached $0.6600 last week. It buckled today; taking out $0.6535 and nearing the (61.8%) retracement of its rally since the June 23 low found near $0.6480. The focus is on tomorrow's central bank decision. The futures market seemed fickle last Tuesday and Wednesday and shied away from a rate. However, confidence was regained in the last two sessions. A cut is nearly fully discounted again. A quarter-point cut brings the cash rate target to 3.60%. The futures market is pricing in a year-end rate near 3.05%. New Zealand's central bank meets on July 9. The swaps market sees about a 13% chance of a hike. If there is a surprise, it will be that the RBNZ cuts. It has already cut 100 bp this year, after 125 bp last year. Its cash rate target is 3.25%. Inflation looks stable at around 2.5% and growth looks to have slowed after the 0.8% quarterly expansion in Q1. The labor market is colling. Swaps are implying almost a 70% chance of a cut at the next meeting (August 20). The break of the $0.6030 area, last week's low and the (38.2%) of the rally from June 23 has already sent the New Zealand dollar through the (50%) retracement (~$0.6000) and targets the (6.18%) target near $0.5975. MXN: The US dollar recorded a bearish outside session despite the employment report and firmer US rates. It traded on both sides of Wednesday's range and settled below Wednesday's low. Follow-through selling before the weekend saw the greenback slip a little closer to the MXN18.60 target as it continued to fray the lower Bollinger Band (~MXN18.60 today). The next target on a break of MXN18.60 may be near MXN18.40. The dollar has come back bid today and it is trading near MXN18.73 in European turnover. Initial resistance is seen in the MXN18.80-83 area. Mexico starts the week with June auto/light truck production and export figures. May production rose by nearly 11% to 358.2k, leaving it off nearly 30% from May 2024. Yet the average through the first five months is nearly the same as the Jan-May 2024 period. In May, vehicle exports jumped almost 17.2% to 301.1k vehicles (yes, 84% of output was exported). Exports have fallen considerably less than production and are off 18% in the first five months year-over-year. The market will give more attention to the CPI. Headline and core most likely remained above the 4% upper end of the target range, but if it appears to be accelerating, it may boost the chances that after four half-point cuts, the central bank may stand pat at the next meeting on August 7. Disclaimer