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Endeavour Silver (NYSE: EXK; TSX: EDR) closed in on a 52-week high on Wednesday after the Canadian miner reported its operating results for the second quarter of 2025. The Q2 results are highlighted by approximately 1.48 million oz. of silver production and 7,755 oz. of gold, equating to total silver-equivalent production of 2.5 million oz. The silver output, says Endeavour, was in line with plan and 13% higher than the first quarter, owing to the addition of a third producing mine at Kolpa. In April, the company announced the acquisition of the Kolpa mine in Huancavelica, Peru, in a $145 million deal to bolster its Mexico-based portfolio. Chief executive Dan Dickson said at the time that the acquisition would bring Endeavour closer to becoming a senior silver producer, with a material increase in its production profile. Excluding Kolpa, however, Endeavour’s consolidated silver production was 16% lower than Q2 2024, due to decreases in production at its Guanaceví and Bolañitos mines. Gold production, too, was lower by 26% as a result of the mines’ underperformance. Meanwhile, a third mine could be on its way to production in Mexico. During the recent quarter, commissioning of the Terronera project continued to progress steadily, said Endeavour, adding that it expects to gradually ramp up throughput to design capacity in early Q3. “The integration of Kolpa is progressing smoothly, with output already trending above initial expectations,” Dickson said in a press release Wednesday. “At the same time, Terronera continues to move steadily toward commercial production.” Shares of Endeavour Silver jumped nearly 10% to $7.28 apiece by 12:30 ET, near a 52-week high of C$7.87. The Toronto-based precious metals miner has a market capitalization of C$2.1 billion.

The second largest cryptocurrency has been on a consistent grind in the past two weeks after seeing some heavy selling flows during the Israel-Iran War, taking its prices close to the $2,000 mark but since, has been posting a slow but strong rally, fuel for further continuation. Crypto markets haven't taken a significant direction for a while, but it doesn't mean that no opportunities are availables – Ranges give the opportunity for markets to cool down and prepare for further moves, while consolidating Volume-at-Price. Market theory implies that the more prices are at an equilibrium (rangebound), the more solid the anchor of value for all participants. With cryptos consolidating at much higher levels than prior years, this shows a resilience for cryptocurrency markets and gives it more credibility for traditional investors to start inputting more flows. For example, since mid-May 2025, Bitcoin has been consolidating between $100,000 to $110,000 – despite giving to many players the opportunity to take their profits, markets did not retrace. Ranges also provide opportunities for scalpers who may attempt to trade highs and lows. Same for Ethereum which has been holding between $2,350 to $2,750 for close to two months now, and despite these prices being not too close from the Ether's ETH, it still consolidates at a relative high value, particularly after the 2025 Q1 Heavy Selling. Read More: NVIDIA Hits $4 Trillion Market Cap, Dow Jones Hovers Near All-Time Highs, Tariff News and FOMC Ahead 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.

The Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) officially reached $100 million in assets under management (AUM) by the end of the June quarter. SLVR is currently the only exchange-traded fund (ETF) focused on providing pure-play exposure to silver miners and physical silver, a precious metal that has both store-of-value benefits and evolving industrial uses. The ETF, launched by Sprott Asset Management on January 15, 2025, draws on the firm’s extensive experience in the precious metals and critical materials space. It joins Sprott’s growing family of precious metals ETFs that currently includes the Sprott Active Gold & Silver Miners ETF (GBUG), Sprott Gold Miners ETF (SGDM) and Sprott Junior Gold Miners ETF (SGDJ). “We believe silver has been considerably undervalued relative to gold, but silver seems to be hitting its stride, with prices recently breaking $35 per ounce for the first time in more than 12 years. Silver miners may be well-positioned as prices rise, fundamentals improve, and industrial demand grows,” John Ciampaglia, CEO of Sprott Asset Management, stated in a press release Wednesday. By noon ET, spot silver was trading at $36.45 per ounce, down 0.9% for the day. Year to date, the metal has risen by 27%, setting a 13-year high of $37.32 per ounce along the way.

🕘 ⚠️ ATENÇÃO TRADERS: Ata do FOMC será divulgada hoje às 15h horário de Brasília Atenção aos mercados! A Ata da última reunião do FOMC (Comitê Federal de Mercado Aberto dos EUA) será publicada hoje, às (15h de Brasília). 🧠 O que o mercado espera? Essa ata deve trazer detalhes cruciais sobre: A visão interna do Fed sobre inflação e crescimento; As divergências entre membros quanto ao corte ou manutenção dos juros; Quais condições precisarão estar presentes para uma possível flexibilização monetária nos próximos meses. 📊 Impacto esperado nos mercados: USD (DXY): Caso a ata mostre abertura para corte de juros, o dólar pode recuar ainda mais frente às moedas principais; Se indicar postura mais hawkish, o dólar pode ensaiar reversão técnica. XAU/USD (ouro): Expectativa dovish deve impulsionar o ouro para novas máximas; Sinalizações de contenção fiscal ou manutenção de juros pode gerar correção de curto prazo. Ações e Criptoativos: Um Fed mais suave pode dar continuidade à alta nos índices de ações; Criptomoedas sensíveis à liquidez (como BTC) podem responder positivamente. 📌 Fique atento às palavras-chave: "Disinflationary pressures", "rate cut discussion", "policy recalibration", "risk to outlook", "financial conditions tightening". 📉 Resumo técnico atual (pré-ata): DXY: 97.60 (em resistência crítica) EUR/USD: 1.17 GBP/USD: 1.36 USD/JPY: 146.5 XAU/USD: 3.300 (em tendência altista consolidada - abaixo de $3294 espera-se correção) 📲 Acompanhe a cobertura em tempo real da ExpertFX School para análise completa logo após a publicação da ata. ✍️ Análise profissional por Igor Pereira – Membro WallStreet NYSE

📰 Trump intensifica guerra tarifária e pressiona o Fed por cortes de juros Por Igor Pereira, Analista de Mercado Financeiro | ExpertFX School ⚠️ Trump amplia ofensiva tarifária: mais 6 países notificados com novas tarifas para 1º de agosto O presidente dos EUA, Donald Trump, escalou significativamente sua política comercial nesta quarta-feira (09), enviando notificações formais de tarifas para mais seis países, com taxas variando de 20% a 30% sobre exportações destinadas ao mercado americano a partir de 1º de agosto de 2025. Os novos alvos incluem: 🇵🇭 Filipinas – 20% 🇧🇳 Brunei – 25% 🇲🇩 Moldávia – 25% 🇮🇶 Iraque – 30% 🇩🇿 Argélia – 30% 🇱🇾 Líbia – 30% Essas notificações somam-se às cartas enviadas nas últimas 72h a países como Malásia, Cazaquistão, África do Sul, Laos, Mianmar e Vietnã, elevando o número total de nações ameaçadas com novas tarifas para mais de 20 em menos de uma semana. 💬 Trump pressiona Powell com críticas diretas: “Senhor Tarde Demais” Simultaneamente, Trump intensificou ataques contra Jerome Powell, presidente do Federal Reserve. Em publicação nas redes sociais, o presidente declarou: Trump voltou a se referir ao presidente do Fed como “Mr. Too Late” (Sr. Tarde Demais) e afirmou que manter os juros elevados está destruindo competitividade e impedindo a expansão industrial nos EUA, em meio ao “boom” de realocação industrial provocado pelas tarifas. 🇧🇷 Brasil na mira: atrito com governo Lula se intensifica Nos bastidores, fontes diplomáticas revelam que Trump está incomodado com críticas públicas feitas por Brasília às sanções e tarifas americanas. O presidente norte-americano também voltou a criticar a forma como o governo brasileiro está lidando com o ex-presidente Jair Bolsonaro, afirmando que o tratamento dado a ele é “vergonhoso”. 📉 Impacto no mercado financeiro global A ampliação da guerra tarifária e a possibilidade de cortes forçados na taxa de juros têm gerado volatilidade no mercado cambial e de commodities: Dólar DXY testa suporte de longo prazo, com expectativa de reversão técnica. Ouro (XAU/USD) segue forte em US$ 3.300, sustentado por fluxo em ETFs e desdolarização via BRICS. Ações industriais e empresas de exportação enfrentam pressão com temor de retaliações comerciais coordenadas. 📊 O que esperar nos próximos dias Alta probabilidade de retaliação coordenada por parte de países BRICS e seus aliados; Mercado passa a precificar corte de juros emergencial pelo Fed nos próximos 2-3 meses; Busca por proteção em ativos reais, como ouro físico, ouro tokenizado e criptomoedas; Crescimento das tensões entre EUA e países latino-americanos, especialmente Brasil e Argentina. 📌 Continue acompanhando a ExpertFX School para atualizações estratégicas em tempo real. 📚 Relatório elaborado por Igor Pereira – Membro WallStreet NYSE

Join OANDA Market Analyst Kenny Fisher, Nick Syiek (TraderNick) and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. 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.

📉 Relação Ouro / Ações dos EUA segue em níveis historicamente baixos 📈 Volume de negociações com ouro tokenizado ultrapassa US$ 19 bilhões no 1º semestre de 2025 🔶 Resumo Técnico da Situação Atual do Ouro – Julho de 2025 🔸 Segundo especialistas da Crescat Capital, o ouro está inserido em um forte ciclo de alta macroeconômico de longo prazo, sustentado por fatores estruturais como: Desdolarização global Crescente demanda por ativos físicos e fora do sistema bancário Reestruturação do sistema financeiro internacional (BRICS, CBDCs, RWA) 📊 Relação Ouro / Ações: em níveis históricos de reversão A métrica de comparação entre ouro e ações americanas segue em níveis extremamente baixos, similares aos vistos antes de grandes reversões históricas. Isso indica que o ouro está barato em relação aos ativos de risco. 🔍 Análise Crescat: 🧠 Macro Drivers: Por que o ouro segue forte em 2025 Expansão de tarifas e guerra comercial com os EUA elevando tarifas sobre mais de 14 países a partir de agosto; Adoção institucional recorde: ETFs voltam a registrar entrada líquida em junho (+75 toneladas, segundo WGC); Demanda por proteção contra recessão e instabilidade geopolítica; Adoção tecnológica e tokenização de ouro, criando nova demanda e liquidez para o metal. ✴️ Tokenização de Ouro supera ETFs tradicionais no 1º semestre 🚀 O volume negociado de ouro tokenizado (RWA – Real World Assets) já ultrapassou US$ 19 bilhões no primeiro semestre de 2025, superando vários ETFs tradicionais de ouro, segundo dados da Gate.io. 📌 Este avanço reflete: Integração entre o mercado cripto e o mercado físico de metais Migração de capital para ativos reais digitalmente liquidados Busca por reserva de valor transparente, auditável e negociável 24/7 📈 O que esperar do ouro nos próximos meses? Correções devem ser vistas como oportunidade, principalmente abaixo de US$ 3.300 Potencial de alta para US$ 3.500 a US$ 3.800 até o final de 2025, com base na continuidade dos fluxos institucionais e geopolítica tensionada Tokenização e BRICS Pay devem ampliar o papel do ouro como ativo de reserva global não-dolarizado 📚 Análise institucional por Igor Pereira – Membro WallStreet NYSE 📍 ExpertFX School – Educação e estratégia profissional em ouro, FX e macroeconomia global

📊 100 empresas listadas em bolsa já acumulam mais de 852.467 BTC 🔶 Panorama Atual De acordo com os dados mais recentes da HODL15Capital, o número de empresas de capital aberto que possuem Bitcoin em seus balanços chegou a 100 companhias, totalizando 852.467 BTC — o equivalente a mais de US$ 92 bilhões no preço atual (U$109.011/BTC). Entre os principais destaques está a MicroStrategy, liderada por Michael Saylor, que continua ampliando suas posições e defendendo a tese de adoção corporativa em larga escala. 💬 Michael Saylor: “Estou extremamente bullish” Esse descompasso entre oferta diária (~900 BTC/dia) e a demanda institucional crescente está sendo apontado como o principal catalisador de alta para o BTC ao longo do segundo semestre de 2025. 📈 Implicações para o mercado Oferta restrita, demanda explosiva A escassez programada do Bitcoin se intensifica com a entrada institucional, criando pressão contínua de alta no preço. Normalização do BTC como ativo de balanço Com mais de 100 empresas públicas já expostas ao BTC, o ativo começa a se consolidar como alternativa legítima ao caixa em dólar, principalmente em um ambiente de desdolarização. Concorrência entre empresas por BTC A competição entre corporações por adquirir BTC pode gerar efeito de FOMO institucional, ampliando ainda mais o desequilíbrio entre oferta e demanda. 📌 O que esperar? Se o ritmo atual de compras corporativas se mantiver acima de $102.000 (ou acelerar), o preço do BTC pode superar a marca dos US$ 130.000–150.000 ainda em 2025. Se o BTC vier abaixo de $96.000 uma correção profunda pode estar a caminho. A adoção contínua entre tesourarias corporativas, somada à crescente demanda por reserva de valor fora do sistema fiduciário tradicional, reforça o viés de alta estrutural para o Bitcoin. 📍 Análise macroeconômica e institucional por Igor Pereira 📚 ExpertFX School – Conteúdo técnico e profissional para traders e investidores institucionais

📈 ETFs de Ouro voltam a registrar entrada líquida: +75 toneladas em junho — World Gold Council (WGC) 🔶 Resumo da Notícia De acordo com o Conselho Mundial do Ouro (WGC), os fundos de índice (ETFs) com lastro físico em ouro registraram um crescimento líquido de 75 toneladas em junho, revertendo a tendência negativa observada nos meses anteriores. 📊 Destaques Técnicos Volume total acumulado dos ETFs globais agora supera 3.170 toneladas, refletindo uma renovada demanda institucional por proteção e diversificação. Maiores compradores: Europa e China lideraram as entradas, com os investidores norte-americanos voltando timidamente às compras no final do mês. O movimento marca a maior entrada mensal desde março de 2022, sinalizando um possível pivô de posicionamento institucional. 🔎 Motivos por trás da alta nos fluxos Aumento da incerteza geopolítica: Crescentes tensões entre EUA e países do BRICS, ameaças de tarifas e reconfiguração comercial global reacenderam a demanda por ativos defensivos. Expectativas de desaceleração econômica global: Sinais de fraqueza no setor manufatureiro e de serviços em economias centrais elevaram as apostas em ativos de proteção como o ouro. Desdolarização e diversificação cambial: Bancos centrais e grandes investidores continuam a reduzir exposição ao dólar, aumentando alocações em ouro — especialmente em regiões como Ásia e Oriente Médio. 🧠 O que esperar a seguir? A continuidade desses fluxos dependerá de dois fatores principais: 🔹 Política monetária do Fed 🔹 Desdobramentos nas tensões comerciais entre EUA x BRICS Caso o ouro se consolide acima dos US$ 3.300, um novo fluxo técnico e institucional pode levar o preço a buscar US$ 3.400–3.500 nos próximos meses. De outro modo, já abaixo de $3294 no dário (D1), está a caminho de uma correção maior. 📌 Análise técnica e fundamentalista por Igor Pereira, Membro WallStreet NYSE ExpertFX School – Conteúdo profissional para traders institucionais e de varejo.

Ledger has announced a limited-time 30% discount on nearly all color models of its popular Nano S Plus and Nano X hardware wallets, valid through July 15. The promotion has drawn fresh attention to the company’s flagship products, widely regarded as industry benchmarks for secure crypto storage. Together, the Nano S Plus and Nano X boast 13,345 reviews, the majority of which are positive, underscoring the strong trust and satisfaction among users worldwide. But what makes Ledger such a popular hardware wallet? Ledger Wallet’s Blend of Security, Comfort, and Style – this is what makes them so attractive to its loyal fanbase and newbies alike. Ledger excels in the areas of security, comfort level, and overall style, but it’s the wallet’s security features that attract users. Ledger relies on a multi-layered security profile, with several noticeable features, like: The PIN code that secures the actual device to prevent unauthorized access is required to complete any transaction The 24-word phrase, which acts as the master key, secures your funds against any malicious access The trademark Blockchain Open Ledger Operating System (BOLOS), which isolates any installed apps from one another and the 24-word phrase from all apps and the operating system itself Secure Element Chip, the hardware component that keeps the private keys offline for a higher level of security Plus, Ledger’s Donjon team, which consists of seasoned hackers, is constantly testing the products’ security to identify any potential vulnerabilities. Their efforts are part of Ledger’s Bug Bounty program, which rewards anyone who finds security weaknesses in Bitcoin, showcasing the team’s commitment to continuous improvements in the security department. While security is the most important aspect, other features matter as well, like the comfort level associated with carrying and using the wallet. Ledger’s Nano S Plus and Nano X are the sleekest and most comfortable to use and wear, thanks to their slim builds. Nano S Plus consists of steel and plastic, weighing only 0.74 ounces, while Nano X is slightly larger, thanks to the lithium battery, reaching 1.19 ounces. The slim format makes them comfortable to wear, even as keychains if you always insist on having them with you. Finally, the color palette offers a final touch to the already unique style, imbuing the wallets with a modern vibe. Colors like emerald-green, sapphire-blue, and amethyst-purple come with a plus of personality and X factor. The Massive 30% Discount Ends on July 15 Ledger’s flash promotion (offering a 30% discount on its Nano S Plus and Nano X wallets) is set to end on July 15, giving buyers less than a week to take advantage. The deal aims to spotlight two of Ledger’s most widely used products, with a combined user base of around 7 million worldwide. Most color options are eligible, with only onyx-black and BTC-orange for the Nano X, and matte-black and BTC-orange for the Nano S Plus excluded from the promotion. Should You Buy the Ledger Wallet? Nobody can answer that for you, but if you’ve decided that the Ledger wallet meets your expectations in terms of security, style, and ease of use, and you want to buy it, buy it today. Or, at the very least, until July 15, when the current 30% promotion ends, because discounts like these don’t come often. Also, go to Ledger’s website and scroll through their offers. You’ll find a lot of products and accessories, based on your needs. Remember, this is not financial advice. Do your own research before buying any product.

A sudden social media jab sent Solana’s Peanut the Squirrel token soaring this week. In a Tuesday post, billionaire Elon Musk criticized US authorities for ignoring names on the Jeffrey Epstein “client list”, quipping that “more squirrels and raccoons have been arrested” than any Epstein affiliates. A nod to a squirrel named Peanut—said to have been “arrested (and killed)”—coincided with a sharp pop in the PNUT token’s value. According to on‑chain data, PNUT climbed over 10% in 24 hours, touching $0.23 at one point. Elon Musk Highlights Justice Concerns Based on reports, Musk’s post racked up more than 13.7 million views within hours. Traders quickly linked “Peanut” to the PNUT ticker. Almost immediately, PNUT price rose from about $0.22 to $0.23. The token’s 24‑hour trading volume jumped roughly 80%, crossing $215 million. Market watchers estimate PNUT’s market cap now sits near $224 million, out of a total supply approaching 1 billion tokens. Market Reaction Follows Viral Meme Meme tokens often depend on hype, and PNUT was no exception. After Musk’s message spread, order books filled fast. Buy orders outnumbered sells, driving price momentum. Crypto bots and retail traders piled in, hoping to catch the wave. Some investors told reporters they moved funds into PNUT within minutes of seeing Musk’s post. Token Jump Drives Trading Frenzy Solana’s speedy network helped too. Transactions cleared in seconds, letting traders react without delay. That low‑fee environment amplifies meme coin rallies: when hype hits, people can buy or sell without worrying about high gas costs. In this case, volume spiked from around $120 million to $214 million in under a day. Looking Ahead, Caution Advised Despite the rush, crypto veterans warn that PNUT’s gains could reverse just as fast. Meme tokens lack fundamentals, and hype fades quickly. Traders could face losses if views shift or if Musk moves on to the next joke. For now, Musk’s satirical jab has put Peanut the Squirrel on center stage. Whether PNUT can hold its gains may depend on more viral moments—and on whether investors remember to take profits before the next twist. No ‘Client List’ Meanwhile, according to a memo obtained by Axios, the Justice Department and FBI under US President Donald Trump found no evidence that convicted sex offender Jeffrey Epstein blackmailed powerful individuals, kept a “client list,” or was murdered. Featured image from Meta, chart from TradingView

Nvidia hit a $4 trillion market value on Wednesday, becoming the first public company to do so. Its stock rose 2.4% to $164, driven by strong demand for AI technology. Nvidia first passed the $2 trillion mark in February 2024, and first passed the $3 trillion mark in June, now at $4 trillion in Early July. Nvidia is now up about 74% from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley. close Source: TradingView.com (click to enlarge) Source: TradingView.com (click to enlarge) more to follow.... 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 analyst Jaydee has predicted a 50% rally for the XRP price. He highlighted a resistance level, which the altcoin needs to break above on its BTC pair to record this massive uptrend. XRP Price Eyes 50% Rally With Break Above $2.20 In an X post, Jaydee predicted that the XRP price will record a 50% “moonshot” rally once it breaks above the $0.00002 resistance level on its Bitcoin pair. XRP has since broken above this resistance level, suggesting that this moonshot rally may be imminent, with the altcoin surging to as high as $3.35. A rally to $3.35 will bring the XRP price close to its current all-time high (ATH) of $3.84 and also mark a new yearly high for the altcoin. In a subsequent analysis, Jaydee confirmed that XRP could rally to new ATHs with a successful break above this resistance level. On the other hand, he warned that the altcoin could crash to as low as $1.60 if it fails to hold this level on at least the 3-day timeframe. Crypto analyst Guy also recently predicted that the XRP price could rally to a new ATH of $5.30. The analyst indicated that the $2.33 level is the key to kickstarting this uptrend for the altcoin. Once XRP breaks above, he predicts that it will rally to $2.55. A break above this $2.55 level would then pave the way for another rally to the current ATH and the Fibonacci extension at $5.30. Possible Scenarios Following Break Above $2.30 In an X post, crypto analyst CasiTrades outlined three potential scenarios that could unfold following the XRP price break above $2.30. The first scenario is the cleanest move, in which she predicts that XRP could run towards $2.45, then flips $2.30 into support on a backtest. CasiTrades remarked that this gives the altcoin a solid base for a move to $2.69 and beyond. For the second scenario, the crypto analyst described this as a more aggressive move. In this case, she predicts that the XRP price could record a sharp breakout through $2.30 and head straight to $2.69. From there, she added that the altcoin could pull back to $2.45 as the mid-way support zone before continuing its uptrend. The third scenario is the most bullish for the XRP price. CasiTrades predicts that the altcoin could break through $2.69, confirm this price level as support, and then clear the way towards $3 and above. This would then put the current ATH in sight for the altcoin. At the time of writing, the XRP price is trading at around $2.32, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Ethereum has finally pushed above the critical $2,600 level after weeks of range-bound trading, marking a potential turning point in its price structure. This breakout comes as bullish momentum builds, with Ethereum now preparing for a possible expansion toward the $2,800 resistance level—a zone that has repeatedly rejected upward attempts since early May. The coming days will be decisive in shaping Ethereum’s short-term trajectory, especially if bulls manage to drive the price beyond this key barrier. A breakout above $2,800 would not only signal renewed strength in Ethereum but could also catalyze a broader altcoin rally. Market sentiment is gradually shifting, with traders growing more optimistic amid easing macroeconomic pressures and signs of renewed risk appetite. Top analyst Ted Pillows recently shared an Ethereum chart showing a clear upward breakout from compression. This technical pattern typically precedes strong directional moves, and in this case, it favors the bulls. Pillows suggests that Ethereum is taking the lead while Bitcoin remains in consolidation, indicating that ETH may be setting the pace for the next phase of the crypto cycle. All eyes are now on the $2,800 level, which could unlock significant upside if breached. Ethereum Leads the Charge: Major Move Ahead Since early May, Ethereum has traded within a tight consolidation range between $2,400 and $2,700, unable to break out despite several attempts. This extended period of sideways action has built up pressure, and market participants widely expect the next move to be significant. Bulls have shown resilience, defending demand levels and keeping ETH above the $2,500 mark for several weeks. However, a clear breakout above critical resistance is still needed to confirm a broader bullish trend. Altcoins continue to struggle, with most still trading below key resistance levels. Many analysts agree that a sustained Ethereum breakout is the missing trigger for the long-awaited altseason. Market leadership from ETH has historically marked the start of major altcoin rallies, and the current setup could be no different. Top analyst Ted Pillows shared a 4-hour chart highlighting an upward breakout from a compression pattern just above $2,600. According to Pillow’s analysis, Ethereum is leading the market while Bitcoin remains in a holding pattern below all-time highs. This leadership role for ETH could signal a shift in capital toward altcoins, especially if Ethereum follows through and breaks the $2,800 resistance level. ETH Price Analysis: Upward Momentum Builds Above $2,600 Ethereum (ETH) is showing renewed strength after breaking above the key $2,600 level. The 12-hour chart reveals a bullish structure forming, with ETH currently trading at $2,612.61. This move follows a sustained period of consolidation between $2,400 and $2,600, where buyers consistently defended lower levels. Now, Ethereum is printing higher lows and gradually reclaiming its moving averages. Price is now trading above the 50-period and 100-period simple moving averages (SMAs), currently positioned at $2,483.37 and $2,536.77, respectively. This alignment is bullish and suggests ETH is building momentum for a potential retest of the $2,700–$2,800 resistance zone. A successful break above this area would confirm the breakout from compression and open the door for a more significant rally. Volume remains moderate, but recent green candles show growing buyer interest as ETH pushes upward. The 200-period SMA sits lower at $2,221.56, reflecting Ethereum’s longer-term bullish trend and acting as a strong base of support. Featured image from Dall-E, chart from TradingView

The primary question surrounding Solana’s price analysis this week is whether it can reach $200 in the short term. SOL is currently trading at around $152.50 and is up a modest 1.5% in the past 24 hours. SOL currently faces heavy resistance at $164 and will need to push through this level to entertain any ideas of a run toward $200 in July. (TRADINGVIEW) 4-Hour Close Key For Solana Price Analysis This Week: Above $153 And All Bets Are Off Despite the resistance ahead for the SOL price, it is exhibiting a decisive breakout from a symmetrical triangle; however, it first needs to close above $153 on the 4-hour timeframe to maintain its uptrend. From there, the $164 resistance will come into play, which could prove a significant barrier. Still, with Bitcoin hovering just below all-time high levels and looking ready for a breakout at any moment, Solana could follow suit. The current trendline for SOL has been respected since the beginning of July, resulting in tight compression that appears poised to lead to an explosive breakout. On a higher timeframe, the 1-day chart shows a cup and handle pattern forming, which aligns nicely with the low-timeframe outlook, both signalling a move to the upside in the following days. Solana price analysis this week is relying on a move from Bitcoin, as it continues to hover just below $109,000 and looks ready to break out above $110,000. A move of this magnitude from the leading digital asset would likely give altcoins, such as SOL, the fuel they need to gain momentum. DISCOVER: 9+ Best High-Risk, High–Reward Crypto to Buy in July 2025 Catalysts That Could Send SOL Parabolic: Incoming Spot ETFs Would Do The Trick Another underrated event within the Solana ecosystem that could provide fuel for a potential SOL run is the public token sale for Pump.fun’s $PUMP token. The token sale starts on July 12 and the Pump.fun team plans to raise $600 million via its public offering. As of right now, it has been reported that investors across Europe will be banned from participating in the PUMP token sale, which is slated to last 72 hours. Next week will likely mark the token generation event for PUMP, at which point it will be tradable across the largest centralized exchanges, as well as Solana DEXs, such as Pump.swap, Raydium, and Meteora. The PUMP token is anticipated to be the largest and most hyped launch of the year, likely bringing an unprecedented amount of liquidity and volume to the Solana ecosystem. With Solana on-chain trading mostly transacted in SOL pairs, hundreds of millions of dollars worth of Solana will exchange hands once PUMP goes live, which could serve as a catalyst for the Solana price analysis this week and next, following through on its $200 price prediction. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Solana Price Analysis This Week: Can SOL Hit $200 In The Short-Term? appeared first on 99Bitcoins.

Trump Media & Technology Group (TMTG) quietly lodged an S-1 with the US Securities and Exchange Commission late on July 8, seeking approval for the “Truth Social Crypto Blue Chip ETF.” Despite a swirl of social-media posts placing the paperwork in early June, the SEC’s time-stamp confirms the filing date as July 8. The prospectus sketches a five-coin portfolio weighted approximately 70 percent to bitcoin, 15 percent to ether, 8 percent to solana, 5 percent to Cronos and 2 percent to XRP, making it the first Trump-branded product to diversify beyond the two largest digital assets. The trust, structured as a Nevada business trust and sponsored by boutique issuer Yorkville America Digital, aims to list its shares on NYSE Arca. Foris DAX Trust — the US institutional arm of Crypto.com — is named digital-asset custodian, while authorized participants will create and redeem blocks of 10,000 shares in kind or for cash, subject to NYSE rule changes. The prospectus also discloses that staking rewards on ether, solana and cronos may be passed through to the fund, a design choice that would set a precedent among US spot-crypto ETFs. Analyst Eric Balchunas of Bloomberg distilled the filing in two succinct posts on X: “New filing for the Truth Social Crypto Blue Chip ETF, which will be a spot crypto basket holding Bitcoin, Ether, Solana, XRP and Cronos,” he wrote; in a follow-up, he reproduced the pivotal language: “the Trust’s allocation… is initially expected to approximate 70% bitcoin, 15% ether, 8% SOL, 5% CRO and 2% XRP.” Those percentages now serve as the market’s working model for how the Trump universe ranks crypto’s ‘blue chips.’ Why Solana, Cronos And XRP? Overall, the allocation may serve as an implicit ranking of the top five crypto assets as viewed through the lens of Trump’s inner circle. Binance top trader by PnL Nachi (@alphawifhat) commented via X: “I think it’s useful to look at the allocation ratio of the Truth Social Crypto ETF […] I see this as an indication of how Trump’s crypto team looks at the top crypto assets and what are the top 5 they want to value the most. This could be a catalyst to pump CRO as it’s a dark horse.” Solana’s climb to an 8 percent weight is more than a momentum trade. CME Group this spring announced cash-settled Solana futures pending CFTC sign-off, extending the same institutional rails that helped bitcoin and ether graduate into ETF form. Notably, the SEC has set a July deadline for spot Solana ETF refilings, indicating a potential approval before the October 2 deadline. Cronos leaps over better-capitalized tokens because Crypto.com is literally powering Trump’s ETFs. “We are proud to partner with Trump Media and Yorkville… including the first-of-its-kind basket of tokens featuring CRO,” Crypto.com co-founder Kris Marszalek said in March when the multi-year, roughly $2.7 billion partnership was unveiled. Under the agreement, Crypto.com supplies custody, liquidity and back-end order routing for all Truth-branded funds. XRP brings up the rear at two percent, reflecting both its renewed legitimacy and its still-nascent institutional plumbing. On June 27, Ripple Labs announced that it will withdraw its cross appeal against the SEC. The token’s modest two-percent slice is politicized as much as it is financial. In early March a staffer from Ballard Partners—the K-Street shop that counts Ripple as a client—slipped Donald Trump draft language for a Truth Social post urging that XRP, Solana and Cardano be placed in a national “Crypto Strategic Reserve.” Trump hit “post” and only later discovered the Ripple connection; insiders told Politico he “was furious and felt like he’d been used.” Despite that, the inclusion of XRP still shows Trump’s ties with Ripple. At press time, XRP traded at $2.33.

The Australian dollar is almost unchanged on Wednesday. In the European session, AUD/USD is trading at 0.6532, up 0.03% on the day. China's PPI declines 3.6% China's producer price index surprised on the downside in June, with a steep 3.6% y/y decline. This was below the May decline of 3.3% and the consensus of -3.2%. China has posted producer deflation for 33 successive months and the June figure marked the steepest slide since July 2023. Monthly, PPI declined by 0.4%, unchanged over the past three months. 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.

Injective Protocol is trending as the daily active addresses soar 10X from January 2025. INJ crypto prices are flat, but the EVM testnet release may drive the coin above $12. The second quarter of 2025 has been a dynamic period for Injective Protocol, a layer-1 blockchain optimized for decentralized finance (DeFi). Despite the total value locked (TVL) rising from approximately $20 million in April to $33 million by July, the INJ crypto price has yet to see major gains. (Source) DISCOVER: Best Meme Coin ICOs to Invest in 2025 Will Injective Crypto Break $12? The question on investors’ minds is whether Injective’s recent developments, including its Ethereum Virtual Machine (EVM) testnet launch and focus on real-world asset (RWA) tokenization, will propel INJ (No data) above $12, breaking above the local resistance level. Market data indicates that INJ has been trading sideways, confined within a tight $3 range between $9 and $12. INJPriceINJ24h7d30d1yAll time For bulls to take control, there must be a high-volume breakout above the $12 liquidation level. Such a move could drive INJ toward $14, retesting the Q2 2025 highs printed in May. Despite the lacklustre price gains, on-chain metrics paint a bullish picture. According to Artemis, daily active addresses on the Injective network have skyrocketed nearly 10X over the past six months, climbing from 5,000 to over 81,000 by early July 2025. (Source) This surge in activity suggests growing user engagement, even as INJ prices remain subdued. INJ crypto prices fell from $25, as printed in early January 2025, to a low of $6 in April. Injective EVM Testnet Released The spike in network activity aligns with Injective’s technological advancements. Unlike Ethereum, it can process 20,000 transactions per second, offering near-zero fees and instant transaction finality. This high-performance infrastructure, combined with interoperability across Ethereum, Cosmos, and non-EVM chains like Solana, positions Injective as a compelling DeFi platform. The recent launch of the Injective EVM testnet on July 2, 2025, marks a major milestone. This testnet introduces the first layer-1 blockchain with native EVM integration, enabling Ethereum-compatible smart contracts to operate seamlessly without external bridges. The MultiVM Token Standard (MTS) further enhances this by allowing tokens to function across various Ethereum-compatible environments, boosting code composability and user experience. Focus on RWA Tokenization The upgrade will be key as Injective seeks to gain market share in the fast-growing tokenization sector, cementing its position among the best cryptos to buy. Thus far, Helix, the top DeFi dapp on Injective, supports the trading of over 25 tokenized securities, including stocks like Apple and Tesla, and commodities such as gold and silver. Moreover, strategic partnerships with industry giants like BlackRock, through the integration of the BUIDL index and collaborations with Aethir and Google Cloud, underscore their ambition to dominate the tokenization sector. On X, one trader thinks the INJ bulls run is getting started. In his analysis, the trader thinks the coin may 2X to $23 in the coming weeks, outpacing some of the best Solana meme coins. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins Injective Protocol Trending After EVM Testnet Launch, INJ Crypto To $12? Injective Protocol is trending as DAUs rise by 10X from January 2025 Developers release the EVM testnet Injective focusing on RWA tokenization Will INJ crypto break $12? The post Injective Crypto Gains Momentum: Will EVM Testnet Launch and RWA Tokenization Push INJ Price Above $12? appeared first on 99Bitcoins.

Capstone Copper (TSX: CS) (ASX: CSC) has secured environmental approval from authorities in Chile’s Atacama region for its $150-million Mantoverde Optimized (MV-O) project. The green light extends the mine’s life from 19 to 25 years and marks a key step in Capstone’s broader plans to create a major copper-cobalt district in northern Chile. The permit, granted as part of a national evaluation led by Chile’s environmental review agency SEA, paves the way for increased production at the Mantoverde mine. Once MV-O is operational, annual copper equivalent output is expected to rise to 125,000–135,000 tonnes, up from the current 97,000–112,000 tonnes. The expansion will also boost concentrator throughput from 32,000 to 45,000 tonnes per day and add roughly 20,000 tonnes of copper per year. President and chief executive officer Cashel Meagher said the MV-O project, combined with the nearby Santo Domingo deposit, sets the stage for transformational growth. “We envision the Mantoverde-Santo Domingo district becoming one of the largest producing copper districts in the world with very attractive unit cash costs,” Meagher noted. Capstone views the swift approval of the MV-O environmental impact study — submitted in October 2024 and reviewed by SEA in early 2025 — as a positive signal for upcoming permits tied to its Santo Domingo asset. Together, the two iron oxide-copper-gold deposits are expected to produce 250,000 tonnes of copper equivalent annually. Second phase MV-O is considered the second phase of the Mantoverde Development Project (MVDP), which was completed in 2023. MVDP allowed the mine to process copper sulphide reserves through the addition of a concentrator, tailings storage system, and an expanded desalination plant. The Vancouver-based miner produced the first saleable copper concentrate at the site in June 2024, and kicked off commercial production in late September. In January this year, the plant exceeded nameplate capacity with an average throughput of 33,409 tonnes per day. Mantoverde is comprised of four pits. (Image courtesy of Capstone presentation, May 2025.) Capstone owns 70% of Mantoverde and the remaining 30% is held by Japan’s Mitsubishi Materials. The mine consists of four open pits located along the Mantoverde fault, containing both sulphide and oxide ores. It plans to release a detailed schedule and capital expenditure breakdown for the MV-O phase in the coming weeks.

Tether Holdings, the issuer of the market’s largest stablecoin, USDT, has revealed that it maintains a vault in Switzerland to safeguard an impressive $8 billion stockpile of gold. According to Bloomberg, the firm’s significant reserve of nearly 80 tons positions Tether as one of the largest gold holders globally, surpassed only by central banks and sovereign nations with the company based in El Salvador expressing intentions to expand its gold reserves further. Tether Reveals 5% Of Reserves In Precious Metals In a recent interview, Tether’s CEO, Paolo Ardoino, emphasized the security of their vault, claiming it to be among the most secure facilities worldwide. While he confirmed the vault’s location in Switzerland, he opted not to disclose its exact whereabouts, citing security concerns. Tether is best known for its stablecoin, USDT, which aims to maintain a one-to-one value with the US dollar. According to CoinMarketCap data, USDT dominates the stablecoin market with a capitalization of $158 billion. Circle’s USDC follows closely behind with a capitalization of $61 billion. However, both companies are expected to see a major surge in this metric as the recently approved US Senate stablecoin bill, the GENIUS Act, aims to provide issuers with a new regulatory framework that could further boost adoption and usage of the assets by traditional financial companies. The company also generates revenue by exchanging dollars for USDT tokens and investing the collateral in various assets, including US Treasuries. According to Tether’s latest financial report, precious metals now account for nearly 5% of the company’s reserves. Benefits Of The Gold-Backed XAUT Token In addition to USDT, Tether has introduced a gold-backed token known as XAUT, with each token representing one ounce of gold. Token holders have the option to redeem their XAUT for physical gold, which can be collected directly from the Swiss vault. Ardoino articulated a growing belief in gold as a safer asset compared to national currencies, particularly in light of rising concerns over the increasing debt levels in the United States. He noted that as these concerns grow, investors may seek alternatives, such as gold. The firm’s CEO further highlighted that every central bank within the BRICS nations is actively purchasing gold, which he believes has contributed to the rising price of the precious metal. Per the report, the decision to establish Tether’s own vault rather than relying on traditional precious metals vault operators was primarily influenced by cost considerations. As of press time, Circle’s newly launched stock, CRCL, has closed the trading day at $204, approximately a 31% gap between current valuations and their record price of $298. Featured image from DALL-E, chart from TradingView.com

Japan’s Investment firm Metaplanet, touted to be akin to Michael Saylor’s Strategy, holds 15,555 Bitcoin as of July 2025. The company has revealed its target of acquiring 210,000 BTC by 2027 – 1% of all BTC available. The Tokyo-listed company is the world’s fifth-largest corporate buyer of Bitcoin. Interestingly, the company doubled its trading volume in June 2025 – from ¥997.6 billion yen ($6.82 billion) in May 2025 to ¥91.86 trillion yen ($12.87 billion) in June 2025. Talking to Financial Times on 8 July 2025 Metaplanet CEO Simon Gerovich may have hinted at the possibility of acquiring a Japanese digital bank. He said that the company was in “a bitcoin gold rush” that could provide the launch pad to expand into areas such as digital financial services. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Key Takeaways Metaplanet’s CEO, Simon Gerovich, describes the company’s approach as a “Bitcoin gold rush.” The firm is racing to amass as much Bitcoin as possible. This aggressive accumulation mirrors the strategy of Michael Saylor’s Strategy, which holds over 597,000 BTC. The post Is Metaplanet Acquiring A Digital Bank? Japanese Firm Reports Nearly Doubled Trading Volume appeared first on 99Bitcoins.

Canadian junior Super Copper (CSE: CUPR, OTCQB: CUPPF) has struck a deal to acquire 100% of the Castilla copper project in Chile, locking down a 5,800-hectare land package near the historic Manto Negro mine for $100,000 upfront. The total price tag is $1.3 million, but the bulk of that will only be paid if key milestones are hit, including a discovery through drilling, a preliminary economic assessment with a net present value of at least $50 million, and a first commercial sale. The milestone-based payments are structured at $50,000, $150,000, and $1 million, respectively. Chief executive Zachary Dolesky said the acquisition was a true risk-reward play, “[We’re securing] a copper-oxide trend for a small upfront fee with all future payments tied to genuine discovery and development milestones,” he said. The Castilla property lies in Chile’s mining-rich Atacama region and includes 20 exploration concessions. It’s just south of the former Manto Negro open pit, which produced 1.3 million tonnes of 1.2% soluble copper between 2005 and 2009. That historical production offers a potential blueprint for processing, Dolesky noted, adding that the proximity to Super Copper’s other Chilean asset, the Cordillera Cobre project, creates operational efficiencies. Super Copper expects to close the deal by the end of July and will run both projects with a shared exploration team. That approach is expected to cut per-metre drilling costs and fast-track exploration timelines. Cordillera, located less than 100 kilometres from Castilla, is a larger sulphide target slated for Phase 2 geophysics in 2025. With this acquisition, the Vancouver-based copper player will control two complementary projects in Chile, reinforcing its position in a world-class mining region while maintaining a lean capital profile. Shares in the company climbed 6.5% on the news on Tuesday, closing at 49 Canadian cents each. Year-to-date the stock is up more than 44% and the junior’s market capitalization sits at almost C$18 million ($13m).

Overview: The US tariff saga continues. Yesterday, President Trump announced a 50% tariff copper, sending the red metal screaming higher (13%+), and threatening 200% tariffs on pharma. Other sectoral investigations are expected to wrap up toward the end of the month. There is a vigorous effort to check "transshipments," but it is not clear how it will be defined. How much domestic input is required, and how will it be decided? In any event, outside of copper than has pulled back a little today, the capital markets have taken it in stride and are fairly subdued so far today. The greenback is narrowly mixed against the G10 currencies, mostly within yesterday's ranges. Emerging market currencies are lower, except for the Russian ruble and Mexican peso. The peso has reached its best level since last August today. Equities were mixed in the Asia Pacific, with gains in Japan, South Korea, Taiwan, among the large bourses, while China, Hong Kong, Australia, and New Zealand moved lower. Europe's Stoxx 600 is higher for the third consecutive session, which if sustained would be the longest advance in a month. US index futures are firm. Asia Pacific yields rose, with the Antipodean 10-year rates jumping 5-8 bp. European yields are around a basis point lower and the US 10-year Treasury yield is flat near 4.40% ahead of today's $39 bln sale. Gold is trading heavier and reached a new seven-day low a little below $3283 today. The near-term risk extends toward $3250. August WTI edged higher to almost $69 to reach its best level since June 23. The $69.50 area is the (38.2%) retracement objective of the sell-off from June 23 high near $78.40. USD: After initially retreating on the first batch of tariff notification from the US, the Dollar Index turned better bid in Europe and continued through most of the North American morning. It reached almost 97.85, to kiss the 20-day moving average, and approach the (50%) retracement of the leg down from June 23, found near 97.90. It is consolidating in a narrow range, mostly 97.50-97.70. We suspect there is more downside potential in North America. A break of 97.40 could see 97.20 initially. The US economic calendar today features wholesale trade and inventories, minutes from last month's FOMC meeting, and sale of $39 bln 10-year notes. There had been a sharp rise in wholesale inventories in Q1 partly in anticipation of US tariffs and partly to rebuild after a cumulative decline in wholesale inventories in 2023 and 2024. Some of the decline in wholesale inventories in Q2 may have been shifted to retail. Inventories are often a volatile component to GDP (captured by investment). The FOMC minutes may be interesting in that the median "dot" still anticipated two cuts this year, the dispersion of views increased. Still, the market has once again converged with the Fed and the futures market has two cuts nearly full discounted. EURO: The euro made a marginally new seven-day low yesterday, slightly below $1.1685. That is where the (38.2%) retracement of the euro's rally since the June 23 low is found. The euro is holding above $1.1700 so far today but has not been able to resurface above $1.1730. The next retracement (50%) and the 20-day moving average are near $1.1640. Even without the goading by Washington, the EU relations with China have deteriorated, and reports last week suggested that Beijing intends to cancel the second day of the two-day summit initially slated for July 24-25. Reciprocal curbs have been announced on medical device procurement. There are other sources of trade friction. China's aid to Russia is also a stumbling block for the EU. Moreover, recently reports suggest that Chinese navy vessel operating out its base in Djibouti fired a laser at a German air force plane flying over the Red Sea. There had seemed to be a brief opportunity for rapprochement. In crude terms, it is an exchange of Taiwan for Ukraine and better/fairer trade. Reports suggest China cannot allow Russia to lose in Ukraine because than the US turns its full attention on it. At the same time, Europe cannot allow Russia to win without the risk of continued intimidation and appeasing a territorially hungry dictator who seems to think nearly wherever Russians live ought to be its sphere of influence. Europe typically does not project its power into the Pacific, but recent reports suggest the UK, France, and Italy are coordinating the deployment of aircraft carriers into the Indo-Pacific. CNY: The greenback reached almost CNH7.1855 yesterday, its best level since June 23. It settled above the 20-day moving average (~CNH7.1760) for the second consecutive session. The June 23 high near CNH7.1925 is the next target and so far, today it has reached about CNH7.1880. The dollar has not traded above CNH7.20 since June 3. For the first time since then, the PBOC set the dollar's reference rate higher for the second consecutive session (CNY7.1541 vs. CNY7.1534). China's June CPI rose by 0.1% year-over-year after three months of -0.1% readings. There is more to it than the common narrative of weak demand. Some parts of the CPI basket, for example, like food (-0.3% year-over-year), are more about supply than demand. The last time food prices rose on a year-over-year basis was in January. Services prices rose by 0.5% and have not fallen since February. Core prices, excluding food and energy rose by 0.7%. Earlier this week, Switzerland reported its core prices rose by 0.6% year-over-year in June. Producer price inflation deepened. The 3.6% decline year-over-year (-3.3% in May) is the most since July 2023. Gradually, the under-consumption explanation appears to be slowly giving way to the over-investment. In part, the under-consumption narrative conflates consumer goods and capital equipment. It is not so obvious that boosting household consumption, for example, would absorb, say the immense steel or concrete output. We have also underscored that Chinese companies often compete for market-share rather than profits. This may reflect the access to cheap and patient capital (state-owned banks) rather than the impatient capital of the markets, which focuses on quarterly returns. JPY: The dollar reached its best level against the Japanese yen since June 23, near JPY147.20 today. However, it has come under pressure and has returned to session lows near JPY146.55 in the European morning. A break could see JPY146.20. The consensus is that the dollar has been decoupled from interest rates. Yet, on July 1, the US dollar bottomed near JPY142.70. The same day, the US 10-year yield slipped below 4.20% for the first time in two months. It reached 4.43% yesterday, the highest level since June 20. The rolling 30-day correlation of change in the exchange rate and the US 10-year yield reached almost 0.60, a three-month high. It bottomed below 0.10 on May 20. Long-term Japanese rates have soared over the past 5-6 sessions (though consolidating today) but offered the yen little meaningful support. Real wages in Japan fell by 2.9% in the year through May. It matches the largest decline since April 2023. After a quiet June, rates at the long end of the Japanese yield curve have surged. The 30-year yield was near 2.85% last Thursday and reached 3.10% yesterday (~3.06% today). The peak in May was near 3.20%. Last Wednesday, the 40-year yield was around 3.05%. It reached nearly 3.40% yesterday (~3.36% today). The May peak was almost 3.70%. Inflation remains elevated at 3.5% in May. The government not only failed to get the US to compromise its 24% "reciprocal tariff” announced in early April but it actually was raised to 25%, which does not include the sector tariffs (autos, steel, and more to come). GBP: Sterling briefly frayed the (61.8%) retracement objective of the rally from the June 23 low. That retracement was roughly $1.3530, and sterling fell a few hundredths of a cent below it before recovering back to almost $1.3600. It is trading quietly today, mostly between $1.3565 and $1.3610. Nearby resistance is seen in the $1.3640-50 area. The 10-year UK Gilt yield is near its highest level in a month (~4.65%). As former Prime Minister Truss noted, the yields are above where they were in the September 2022 crisis. This year's down trendline is near 4.75% at the end of the week. Paradoxically, a disappointing May GDP report on Friday may not be sufficient to cap yields as weaker growth translates to a larger deficit as a percentage of GDP, which risks greater supply. CAD: The US dollar remained firm against the Canadian dollar yesterday. It essentially held CAD1.3940 and reached almost CAD1.3695. The (50%) retracement of the losses from the June 23 high is near CAD1.3680. The (61.8%) retracement is a little above CAD1.3700. The greenback is firm today (~CAD1.3660-CAD1.3695). The stronger IVEY PMI (53.3 vs. 48.9) flies in the face of the S&P PMI where all three reading (manufacturing, services, and composite) weakened further below the 50 boom/bust level. The data focus is on Friday's June labor market report. US President Trump announced a 50% tariff on copper yesterday. Last year, Canada was the second largest source of US imported copper with about a 16.5% market share (second to Chile with a 70% market share). Given the nature of the commodity, a tariff is unlikely to re-shore production but will simply raise revenue. AUD: The Reserve Bank of Australia's surprise decision to stand pat at yesterday's meeting lifted the Australia dollar to almost $0.6560. It did not trade above $0.6550 in Europe or North America yesterday, and by the time European markets closed, the Aussie had given back all of the gains scored in the wake of RBA's decision, recording a low slightly beneath $0.6510. The $0.6510 level held today, and the Aussie reached $0.6545 in the consolidative activity. The Reserve Bank of New Zealand did not surprise the market, which had around a 13% chance of a hike discounted. It left the cash target rate unchanged at 3.25%. A cut is fully discounted at the October meeting, but the odds of an August cut crept up to about 68% from 60% yesterday. The New Zealand dollar slipped through low yesterday (~$0.5980) but held the (61.8%) retracement of the gains from the June 23 low ($0.5975). It popped back above $0.6000 in European turnover. MXN: The early dollar upticks to almost MXN18.74 were greeted with new sales against the peso. The greenback fell through MXN18.60 to about MXN18.5850, the lowest level since last August. It has made a marginal new low today near MXN18.5775. The lower Bollinger Band is near MXN18.5160, but the next interesting chart area is closer to MXN18.40. The Mexico reports June CPI today. The headline pace is expected to tick lower to 4.3% from 4.42%. The core rate may rise to 4.22% from 4.06%. If so, it will be the first decline in the headline rate since January. On the other hand, an increase in the core rate would lift it to its highest since last April. Yesterday, Brazil reported an unexpected 0.2% decline in May retail sales after a 0.3% decline in April. Tomorrow, Brazil reports June IPCA CPI. It is expected to be flat around 5.3% year-over-year. The dollar gapped higher against BRL on Monday. The top of the gap, Monday's low (~BRL5.390) was taken out and the dollar recorded a low near BRL5.4355. The bottom of the gap, last Friday's high (~BRL5.4260) is the next obvious target ahead of BRL5.40 that held last week, the lowest since last September. Disclaimer

Crypto-market commentator “Quantum Ascend” devoted a 8 June video to a single idea: the price structure that once catapulted Ethereum Classic to its bull-market peak is about to do the same for Cardano—and could deliver a twenty-fold advance if history “rhymes rather than repeats.” Speaking to his followers, the analyst opened by noting that ADA’s weekly chart “looks so similar” to the multi-year pattern that preceded Ethereum Classic’s vertical move in early 2021. “They have the same market makers,” he asserted, pointing out that Cardano founder Charles Hoskinson had early involvement in both projects. “It’s almost like a cheat code for this thing.” Cardano Set For 2,000% Explosion To illustrate the parallel, Quantum Ascend overlaid the two assets’ Elliott-wave counts. In his reading, Ethereum Classic completed its fifth impulsive wave during the last cycle, whereas Cardano is “waiting on that fifth wave” after a prolonged flag-shaped consolidation. He then dropped a Fibonacci retracement on Ethereum Classic’s 2020–21 third-to-fourth-wave segment, showing the final thrust topped out “just shy of the 2.36”—and repeated the exercise on Cardano’s current structure, which has advanced to the same proportional level. “Come on, it’s not perfect,” he conceded, “but you guys see how similar these structures are.” A second Fibonacci projection, stretching Cardano’s initial three-wave span to a full 1.618 extension, points to a conservative target “up around four bucks,” he said. But a more ambitious extrapolation of Ethereum Classic’s 3.618 climax would propel ADA into a zone between roughly 10.67 and 12.55—an area he calls his “primary” and “secondary” objectives. From the current price such a run would exceed 2,000 percent. “That’s violent,” he remarked after flicking his cursor to the comparative surge on the ETC chart. “Hopefully you can see how clean this is, because I feel really good about Cardano getting up into that $10 level.” Quantum Ascend argued that the temporal spacing is also lining up. Ethereum Classic’s listing in August 2016 meant its multiyear base completed roughly four and a half years later; Cardano’s analogous base, begun in late 2017, is now of similar duration, though “the whole chart has taken a little bit longer on the consolidation.” For him, that extension merely “loads the spring” for a sharper repricing once last season begins in earnest. The analyst did allow for interim turbulence. In his scenario, ADA could hit the former all-time-high region around $3.12, “reject back down to $1.67” during a broader market-wide wave-four shake-out, and only then launch into a blow-off toward the upper Fibonacci cluster. Still, even that corrective loop reinforces the fractal: “Over here with Ethereum Classic it got to its last all-time high, rejected, and then went on one more big run.” Quantifying his own risk appetite, Quantum Ascend told viewers he is “pretty hyped on Cardano” and wants the token “in my portfolio because it is one of my higher-conviction plays for what’s about to happen here.” He concluded by sketching three tiers of price objectives—$4.90 (conservative), $10.67 (primary) and $12.45 (secondary). Whether altseason’s starting gun fires as cleanly as the fractal implies remains to be seen, but Quantum Ascend’s thesis hinges on a single proposition: when the same market makers move two historically linked assets through mirror-image patterns, ignoring the setup may prove costlier than betting against it. At press time, ADA traded at $0.59.

After years stuck in reverse, the Polkadot crypto price just slammed the gearshift. DOT ▲4.26% has broken free from a two-year falling wedge, a textbook reversal pattern for traders who still believe in the long-term potential of this coin. 99Bitcoins analysts observed DOT reclaiming key resistance zones at $3.40 and $3.45, now acting as support. Volume is also ticking up, now over $159 million in the last 24 hours, and the market is watching to see if the move has real staying power. “Could be the start of the uptrend we’ve waited way too long for,” said Crypto Winkle, a longtime DOT trader. PolkadotPriceMarket CapDOT$5.56B24h7d30d1yAll time Polkadot Crypto: Technical Signals Suggest More Upside Polkadot is lower than it was at the bottom of October 2023. Things were looking quite grim, but momentum is clearly rising. Trading volumes have surged, and DOT’s price structure has flipped bullish for the first time in months. 99Bitcoins analysts now point to $10 as a potential medium-term target, representing more than 150% upside from current levels. This isn’t pure speculation. The breakout aligns with broader market trends and precedes a major upgrade to Polkadot’s core infrastructure expected in 2025. Meet JAM: Polkadot’s 2025 Protocol Overhaul While most chains chase market pumps, Polkadot is digging in to become Web3’s foundation. It’s less about speculation, more about rewiring how data, value, and apps move across the internet. Thanks to its parachains and cross-chain links, Polkadot isn’t trying to replace Ethereum or Bitcoin—it’s trying to connect them. And in a space still defined by fragmentation, that might be the most important role of all. (X) The next leap for Polkadot is JAM, short for Joint Accumulate Machine, and is a radical redesign of its core blockchain. JAM transforms Polkadot into a RISC-V-based virtual machine capable of running any software, effectively turning the network into a decentralized supercomputer. Polkadot co-founder Gavin Wood has already demoed JAM by running vintage games on it. Once deployed at scale, JAM will allow developers to write complex apps with broader compatibility and power than ever before, making Polkadot a true operating system for Web3. Polkadot Crypto Eyes $10 As Fundamentals and Tech Align With the falling wedge now broken and momentum back on the rise, DOT is in a critical window. For traders and builders alike, Polkadot’s breakout is worth watching. While DOT’s price action has been one of the worst over the last five years, this could finally be the start of something bigger. EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The next leap for Polkadot is JAM, short for Joint Accumulate Machine, and is a radical redesign of its core blockchain. While DOT’s price action has been one of the worst over the last five years, this could finally be the start of something bigger. The post Polkadot Crypto Breaks Out of Two-Year Downtrend as Momentum Builds appeared first on 99Bitcoins.