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Mt Carbine tungsten project in Queensland, Australia. Image: EQ Resources. EQ Resources Limited (ASX: EQR) announced Friday that it has received a Letter of Interest to support the Mt Carbine tungsten expansion project from the Export-Import Bank of the United States (EXIM). The historic Mt Carbine tungsten mine is located in Far North Queensland — it was discovered at the end of the 19th century and was a major tungsten producer in the 1970s and 80s. The deposit is still relatively unexplored, and according to EQ Resources’ website, there is considerable exploration potential for new tungsten mineralisation in the mining leases and surrounding exploration tenements. Under EXIM’s new Supply Chain Resiliency Initiative (SCRI), the Letter of Interest states that EXIM is considering a 10-year debt facility of up to $34 million for the capital expansion and further development of the mine. EQ Resources, formerly Speciality Metals International, announced plans to double production capacity at its Mt Carbine operation as soon as funding has been secured. The company also holds 100% ownership of Saloro’s Barruecopardo tungsten mine in Spain. Long-lead items and key equipment for the planned processing plant expansion have been delivered to site, the company said, adding that the capacity expansion provides economies-of-scale and allows the operation to expand the throughput of low-grade ore from the historic low-grade stockpile (>10Mt) as supplement feed to the tungsten ore mined from the open pit and potential future underground. The 2022 Mt Carbine underground scoping study details a development plan for the long-term exploitation of the Mt Carbine tungsten deposit, noting that only 19% of the In-Situ Mt Carbine Mineral Resources are categorised as Ore Reserves and only those were modelled in the current open cut mining schedule. The SCRI seeks to finance overseas mines to develop sources of critical minerals, reducing the United States reliance on China for critical minerals, reducing risk of supply chain disruption from China’s export bans, which sent tungsten prices on the European spot market to the highest level in 12 years last month. Several countries classify tungsten as a critical mineral including the United States, the European Union and Australia. Tungsten is the material of choice for a key defense application – what the military calls penetrators – high-density, armour-piercing projectiles. Its also required in US Department of Defence (DoD) contracts. “We are pleased to work with US EXIM and our US customer base to strengthen resilience in a critical defence- and energy-related supply chain,” EQR executive chairman Oliver Kleinhempel said in a news release. “With two operating mines in Australia and Spain, EQR has positioned itself as a reliable and ambitious partner,” Kleinhempel said. “Recent geopolitical events and aggressive trade policies have contributed to a severe shortage of supply in the tungsten market. EQ Resources is positioned well with its Mt Carbine expansion plans to meet the demand of US customers.”

Bitcoin briefly pushed into the $108,800 level a few hours ago but was once again unable to reclaim higher prices, reinforcing the key resistance just below its all-time high. This rejection has left the market in a state of caution, with investors expecting increased volatility in the coming sessions. As BTC continues to hover below the $109,300 mark, traders are watching closely for signs of either a confirmed breakout or a potential pullback. Adding a new layer to the current setup, top analyst Ted Pillows shared a notable development in Bitcoin dominance. According to Pillows, the Bitcoin Dominance chart is now showing a daily bearish divergence—a classic signal that often precedes a shift in momentum from Bitcoin to altcoins. This divergence occurs when BTC dominance trends higher while momentum indicators begin to weaken, suggesting that Bitcoin’s relative strength may be peaking. For altcoin investors, this could be an early signal of a shift. Historically, bearish divergences in dominance have lead to strong altcoin rallies, as capital begins flowing from BTC into higher-beta assets. While Bitcoin consolidates near resistance, attention may soon shift toward altcoins, setting the stage for a possible altseason. Bitcoin Consolidates As Charts Signal Altcoin Rotation Following the resolution of global tensions between the US, Israel, and Iran, Bitcoin surged above the $105,000 level, signaling renewed confidence across global risk markets. The move marked a key recovery from previous uncertainty, with BTC taking back critical support and shifting focus back toward the $110,000 resistance zone. However, despite the initial breakout, Bitcoin has struggled to push into uncharted territory. Price action remains choppy and directionless, with the market hesitating ahead of what many believe could be a decisive move. Analysts continue to call for a breakout, citing strong accumulation trends, improving macroeconomic conditions, and a bullish long-term structure. Yet the inability to break above the $109,300–$110,000 range raises concerns about weakening momentum. The longer Bitcoin remains capped below resistance, the more likely it is that capital may begin to rotate into other parts of the market. Top analyst Ted Pillows recently shared key insights supporting that thesis. According to Pillows, Bitcoin dominance is showing a daily bearish divergence—a classic sign of impending trend reversal. As BTC dominance climbs but momentum weakens, it suggests that Bitcoin’s recent strength may be fading, and a shift toward altcoins could be underway. Historically, bearish divergences in BTC dominance have often preceded sharp corrections in Bitcoin and explosive rallies across the altcoin market. As Bitcoin consolidates and its dominance loses strength, conditions may be forming for the next big altseason. While nothing is guaranteed, the combination of geopolitical relief, market indecision, and technical signals suggests that a sharp rotation could be close. Traders are now watching both BTC price and dominance levels closely, knowing that once momentum shifts, the move could be swift and powerful. ETH/BTC Chart Shows Signs Of Reversal The ETH/BTC weekly chart reveals a prolonged downtrend that has persisted since late 2022, with Ethereum consistently underperforming against Bitcoin. Since peaking above 0.085 BTC in late 2022, the pair has steadily declined, now trading around 0.0228 BTC—a level not seen since 2020. This confirms that Bitcoin has been the clear market leader for nearly two years, adding most of the capital inflow during bullish phases while altcoins, including Ethereum, lagged behind. However, current price action shows early signs that this trend may be nearing its end. ETH/BTC appears to have found a local bottom, just above the 0.02 BTC zone, after a steep drop. Although the pair remains well below the 50 (weekly), 100, and 200 moving averages, the selling momentum has clearly slowed, and volume has begun to stabilize. This phase suggests that a swing could be forming. If Ethereum can reclaim higher support levels and Bitcoin dominance continues to show bearish divergence—as noted in recent market analyses—the ETH/BTC ratio could start trending higher once again. A rotation from Bitcoin into Ethereum and other altcoins may soon follow, potentially marking the beginning of a new phase in the crypto cycle where altcoins start to outperform. Featured image from Dall-E, chart from TradingView

Talks between the US and Canada appear to have resumed in the latest episode of “TACO” Trump trade drama. During a Friday news conference, Trump announced he was stepping away from negotiations with Canada. In response, the Land of Maple Syrup dropped its plans to implement a Digital Services Tax—one that would have directly impacted many American service-exporting firms. The proposed tax now appears to have been more of a negotiation tactic from Canada aimed at its increasingly unpredictable neighbor. Markets initially reacted sharply to Trump’s announcement on Truth Social, sparking a 900-pip rally. However, the move quickly faded as participants recognized a familiar pattern—these announcements often act as leverage for the US to push for more favorable trade terms. Read More: Seasonal flows for the month of July close USDCAD 1H Chart, June 30, 2025 – Source: TradingView USDCAD 1H Chart, June 30, 2025 – Source: TradingView The latest move in the currency pair has formed an Hourly Descending Channel (HDC) which may be used as a guide for momentum identification. Any break below current levels will accelerate bearish strength to retest last week lows, with a further falloff finding potential support at 1.35 (Psycholigical Level + Upper bound of May Daily descending channel) Holding above last week lows points at the upper bound of the HDC around 1.3680 in the Pivot Zone seen in the 4H Chart. Watch for lower volumes in this week (except for Thursday with the NFP release) and for more headlines regarding US-Canada trade talks. Safe Trades! 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.

American Battery Technology Company (NASDAQ: ABAT) soared on Monday after its Tonopah Flats lithium project (TFLP) in Nevada was given “transparency priority” status by the US Federal Permitting Council. With the designation, the Tonopah Flats lithium project is now featured on the FAST-41 permitting dashboard, which ABAT says underscores the project’s role in supporting US-based critical mineral production and energy independence. “We are excited by this selection of our Tonopah Flats lithium project as a FAST-41 critical mineral transparency project,” stated ABAT chief executive officer Ryan Melsert in a press release. The Permitting Council, established in 2015 by Title 41 of the Fixing America’s Surface Transportation Act (FAST-41), oversees and streamlines federal environmental reviews for critical infrastructure projects. While FAST-41 covered projects receive coordinated project plans and expert support, transparency projects only gain public visibility on the dashboard without additional FAST-41 benefits. “As we are currently working through permitting efforts with multiple federal agencies for the construction of this domestic critical mineral project, the support to coordinate and fast-track these efforts is greatly appreciated,” Melsert added. Shares of American Battery Technology surged 13.4% to $1.66 on the NASDAQ by midday, giving the Reno-based company a market capitalization of $152 million. “This is an exciting time as we work with our colleagues across the federal government to unleash America’s vast energy and mineral resources,” Emily Domenech, Permitting Council executive director, stated. “The Permitting Council stands ready to bring the transparency of our program to these projects, speeding the production of the critical minerals needed for our national and economic security.” Tonopah Flats represents one of three new projects that the Trump administration has added to the FAST-41 permitting dashboard. Large claystone deposit ABAT says this distinction marks a significant milestone in the development of what it considers to be one of the largest identified claystone resource deposits in the country. The project is situated within Nevada’s Big Smoky Valley, an area known for its unique lithium-rich sedimentary claystone. According to an initial SEC S-K 1300 assessment in 2024, the project has in excess of 6 billion tonnes in resources grading 574 ppm lithium. Total amount of claystone processed over life of mine is estimated at 597 million tonnes, averaging 4,111 ppm LHM (lithium hydroxide monohydrate). Based on a 10% discount rate, has a net present value of $4.67 billion. To tap into the Tonopah Flats claystone resource, ABAT has developed an in-house extraction and purification technology that it believes represents a lower-cost, lower-impact solution in contrast to conventional lithium extraction methods. In January 2021, ABAT received a grant from the US Department of Energy to fund the demonstration and scaling of its extraction technologies into a multi-tonne-per-day field demonstration system. It later received an additional grant of $57 million to build, commission and operate a $115 million commercial-scale facility to produce lithium hydroxide monohydrate. Funding access Now with the designation as a transparency priority project, the company said this would be especially beneficial as it is currently engaged with multiple federal agencies for project permitting, noting that Tonopah Flats is situated on land managed by the US Department of Interior. In late April, ABAT received a letter from the Export-Import Bank of the United States (EXIM) expressing interest in providing a $900 million loan to support the subsequent expansion of its commercial-scale lithium mine and refinery. In late 2024, the battery metals developer also received $144 million from the Department of Energy to build a new commercial-scale lithium-ion battery recycling facility.

USD/CHF is down ~0.63% in today’s session, currently trading around the ~0.79378 level. Crucially remaining under the key level of 0.8000, the Swiss franc remains on pace for its best three-monthly performance versus the dollar since 2008 amid the latest wave of dollar weakness. USD/CHF: Key takeaways from today’s session With the DXY falling to three-year lows today shortly after the New York open, dollar-franc has predictably followed suit, falling to levels last seen in 2011~ Recent commentary from the Swiss National Bank, suggesting that both negative rates and currency interventions remain a possibility, might limit USD/CHF downside in the short term close USD/CHF, OANDA, TradingView, 30/06/2025 USD/CHF, OANDA, TradingView, 30/06/2025 Falling over 2.34% in last week’s trading, USD/CHF remains bearish. With price at 14-year lows, little structure exists below current price action, which could otherwise offer support Both the daily RSI and Stochastics currently rate USD/CHF price action as ‘oversold’, suggesting that a retracement is likely before a further move to the downside is possible If price is able to break down below current levels, bears will likely target ~0.78496 in the medium term 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 Stockmoney Lizards has provided an update on the current Bitcoin price action, predicting that the flagship crypto could reach as high $145,000 later this year. The analyst alluded to a doji pattern, which supports this bullish prediction. Analyst Predicts Bitcoin Price Rally To $145,000 In an X post, Stockmoney Lizards stated that his mid-term target for the Bitcoin price is between $135,000 and $145,000. He expects BTC to reach these targets between September and October later this year. The analyst also touched on the current price action and why he believes the flagship crypto will reach such lofty heights. Stockmoney noted that the Bitcoin price is trading at the upper level of the corrective channel, forming some dojis at this level. He admitted that he doesn’t know how many bounces market participants will see from BTC and what levels the crypto will test. He raised the possibility that the local bottom may be in and also that BTC could retest the $90,000 to $94,000 range. The analyst stated that if he had to bet, he would probably predict that the Bitcoin price taps the high of the $90,000 range again. BTC had dropped to as low as $98,000 last week amid the escalated tensions between Israel and Iran. Bitcoin has since recovered following the ceasefire between both countries. Stockmoney affirmed that the latest Bitcoin price action is a bullish formation as the flagship crypto has had an impulsive move up. He added that the current price action is not the usual money rotation with old traders selling and new traders loading up at range lows. The analyst also indicated that BTC’s rally isn’t driven by the derivatives market either. BTC To At Least Reach $135,000 Crypto analyst Titan of Crypto has echoed Stockmoney’s prediction that the Bitcoin price could at least reach $135,000. In an X post, the analyst declared that BTC’s path to this price target remains intact. He stated that Bitcoin is now challenging the first Fibonacci extension at $107,000 after breaking out and retesting key levels. Once the Bitcoin price clears this Fibonacci extension, Titan of Crypto believes that the next stop is $135,000. He revealed that the market structure supports this move, but it remains to be seen if momentum will follow. His accompanying chart showed that BTC could reach this Fibonacci extension at $135,000 by September, aligning with Stockmoney’s prediction. The chart also suggested that BTC could still rally to as high as $150,000 at some point. At the time of writing, the Bitcoin price is trading at around $108,200, up in the last 24 hours, according to data from CoinMarketCap.

Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a smaller-than-expected scale. The resource outlines 9.28 million indicated tonnes grading 1.39 grams per tonne gold, 27.6 grams silver, 0.97% copper, 0.33% lead and 2.39% zinc, Arizona Metals said in a statement Monday. Contained metal totals 415,000 oz. gold, 8.25 million oz. silver, 197.9 million lb. copper, 67.3 million lb. lead and 490.1 million lb. of zinc. Kay is located in central Arizona. “Relative to our expectations, grades were slightly better than anticipated, though tonnage disappointed, and more than offset,” BMO Capital Markets mining analyst Rene Cartier said in a note. Investor expectations relative to the project’s size were “likely associated with the higher end, or potentially even more, particularly given the prior historical resource as a base,” he added. Cartier was expecting Kay’s tonnage to range from 14 million to 18 million tonnes. Following the resource’s release, he cut his target price on Arizona Metals to C$2 a share from C$2.75 previously. He rates the stock “outperform.” Located about 70 km north of Phoenix, on a site that has been mined on and off since being discovered in the 19th century, Kay lies amid scores of current and past-producing mines in the leading U.S. copper-producing state. Operators including Black Canyon Copper, Shattuck-Denn Mining and Republic Metals produced about 2,730 tonnes between 1949 and 1956, when a cave-in closed the mine. No one has mined Kay since. Arizona Metals dropped 29% to C$1 in early afternoon trading Monday in Toronto, the stock’s lowest level since December 2020. That gave the company a market capitalization of about C$137 million ($100m). Second-half PEA Toronto-based Arizona Metals is conducting additional metallurgical test work at Kay with a view to releasing a preliminary economic assessment in the second half of the year. The deposit remains open for expansion beyond this initial estimate both along strike and at depth, the company said. Kay’s current timeline “suggests first production in the 2030s,” Cartier said in a note published May 30. In the inferred category, the company’s new estimate calculates 860,000 tonnes grading 1.06 grams per tonne gold, 15.4 grams silver, 0.87% copper, 0.2% lead and 1.68% zinc at a base-case cut-off grade of 1% copper equivalents. This would amount to 29,000 oz. gold of contained metal, 423,000 oz. silver, 16.4 million lb. copper 3.8 million lb. lead and 31.8 million lb. zinc. ‘Expansion potential’ The resource has “clear potential” to expand between existing drill holes within the deposit and to upgrade the inferred resource, Arizona Metals said. The estimate “marks a major milestone for Arizona Metals and validates not only the scale, but more importantly, the quality of the Kay project,” CEO Duncan Middlemiss said in the statement. “With over 650 million pounds of copper equivalent in the indicated category alone — and with the deposit remaining open in multiple directions — we see significant opportunity for expansion through continued drilling. We believe this resource represents just the beginning.” The resource is based on 14,006 metres of drilling from 234 diamond drill holes completed between 2020 and May 2025. Arizona Metals is aiming to complete about 10,000 metres of exploration drilling in the second half of 2025 at several new targets with holes as deep as 900 metres. The planned work is funded through the end of the year.

Markets are already positioning for a new month after a notably volatile June – Discover the Monthly Seasonal trends for July. As a reminder, Seasonals look at the average monthly performance for different trading assets depending on which time of the year they do best or worse. While investors had begun to turn the page on US tariffs—with the past month marked by "TACO Trump" headlines and a revival of trade talks with China—the Israel-Iran conflict brought fresh volatility. Oil prices spiked, risk-off flows intensified, and ironically, these developments helped propel stock indices to new all-time highs once the conflict de-escalated. More recently, Trump reignited tariff discussions—this time targeting Canada and Europe—as negotiations hit friction over more aggressive US demands. The US-Canada trade talks were briefly called off after Canada prepared to implement a Digital Services Tax, which was ultimately rescinded. Talks have since resumed, but trade policy is once again becoming a market-moving theme – Get ready for the End-Session Month-End rebalancing flows! Read More: What levels to watch for the US dollar as markets head into July July Seasonal Flows Equities & US Bonds So much for the adage Sell in May and Go Away: US Indices have performed decently well in July throughout the past 10 years, with the Dow up 3%, S&P 500 averaging 3.44%, Nasdaq with +4.64% on average. Other Indices around the world are also up on average in July, however less than US Indices. The Italian FTSE MIB leads with 2.80%, followed by the French CAC 40 with 2.30%, and the Canadian TSX with +2.12%. A sidenote for US Treasuries which tend to flatten (buy more long-end than short-end), with the 30-Year having its best month in the year (+1.30% on average in the past 10 Years) Major Forex Currencies July tends to see a fairly muted performance in Forex – Volatility tends to abate with less Central Bank meetings during the month and some traders going on vacation (at least those who had a successful first half). The Japanese Yen leads in Seasonality, followed by the Euro, GBP and CHF. The US Dollar, Aussie and Kiwi tend to be laggers in this month and the Loonie is seen mostly unchanged. Commodities and Cryptocurrencies Metals tend to be good performers in July with both Gold and Silver commonly up. The latter usually sees its best performing month, with +4.68% in the past 10 years. Oil on the other hand tends to correct, down -2.30% since 2015 in July, Travelling companies tend to secure their contracts for the active season during spring which leads to some calm in the Summer – There is still potential for out-of-the-usual flows in the upcoming month in the scenario of renewed conflicts in the Middle East. Finally, July tends to be giving strong flows to Cryptocurrencies, with both Bitcoin and ETH performing above 10% on average in the past 10 years – one thing to consider however is that growth for Crypto assets has been exponential, leading to statistical incoherences. It will be challenging to predict the reliability of past performances as these digital assets are starting to be traded by more participants. Safe and Successful Trades for the month 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.

NexMetals Mining (TSXV: NEXM), fresh off its name change from Premium Resources, reported drill results as high as 13.5 metres grading 1.13% copper and 1.25% nickel at its Selebi North deposit in eastern Botswana. Shares surged. That result, from 772.6 metres depth, included 4.95 metres at 1.76% copper and 1.85% nickel in hole SNUG-25-184 in the South Limb of mineralization, NexMetals reported Monday. Another highlight, hole SNUG-25-185, cut 5.95 metres grading 2.87% copper and 0.62% nickel in the N2 limb. SNUG-25-184 and SNUG-25-185 are the first two resource expansion holes to be drilled this year at the project, which is located about 410 km north of the nation’s capital, Gaborone. “The results from drill holes 184 and 185 continue to demonstrate the impressive step-out success and the broader scale of mineralization beyond the boundaries of the current resource,” NexMetals CEO Morgan Lekstrom said in a release. “Drilling has further extended the deposit intercepting mineralization roughly 315 metres down-plunge, well past its modeled limits.” The drill results come almost one month after NexMetals changed its name from Premium Resources to reflect its focus on critical minerals at the past-producing Selebi project in Botswana. The company received a boost in February after putting together a C$36 million financing led by mining entrepreneur Frank Giustra and his Fiore Group. Cymbria, an affiliate of wealth management firm EdgePoint Investment Group, also agreed to settle Premium’s C$20.8 million term loan debt. NexMetals shares gained 12.2% to C$11.45 apiece on Monday morning in Toronto, for a market capitalization of C$245.59 million. The stock has traded in a 12-month range of C$4.90 to C$20.60. Prospective limbs Hole SNUG-25-184 also pierced the N2 limb and returned a highlight result of 6.25 metres at 0.62% copper and 0.75% nickel from 882.75 metres depth. The mineralized zones were historically mined and later named N2 limb, N3 limb and South limb to delineate their location on the folded mineralized horizon, NexMetals said. Ongoing drilling is aimed at stepping out and testing the strike extent of mineralization. Initial resource Almost one year ago, NexMetals released an initial resource for Selebi, outlining 18.9 million inferred tonnes at 0.88% nickel and 1.69% copper for 165,000 tonnes of nickel and 319,000 tonnes of copper in the Main deposit. The North deposit, about 6 km away from the main one, hosts 3 million indicated tonnes grading 0.98% nickel and 0.9% copper for 29,500 tonnes contained nickel and 27,100 tonnes copper. It also holds 5.8 million inferred tonnes at 1.07% nickel and 0.9% copper for 62,400 tonnes of nickel and 52,500 tonnes of copper. The Selebi North underground mine produced 13.9 million tonnes grading 0.74% nickel and 0.66% copper from 1990 to 2016. Selebi Main was in operation from 1980 until 2016, when it was suspended due to a failure in the processing facility.

Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov acknowledged the internet volatility and risks associated with crypto. However, he argued that placing the crypto reserve under the control of a centralized institution would ensure proper oversight and mitigate potential dangers. Importantly, Kazakhstan’s crypto reserve is expected to be managed by a subsidiary of the National Bank specializing in alternative investments. Furthermore, according to official reports, the crypto reserve will likely be funded through two main channels. Seized digital assets is the first source as authorities plan to use expropriated crypto. The other is through government-linked mining operations. Kazakhstan is known to have a growing crypto mining sector. Explore: Top 20 Crypto to Buy in July 2025 President Kassym-Jomart Tokayev Pushes For Urgent Expansion Of Crypto Infrastructure Kazakhstan President Kassym-Jomart Tokayev called for an urgent expansion of the country’s crypto infrastructure during a government meeting. “The turn towards the widespread use of cryptocurrencies and other digital assets has emerged in the financial sector,” President Tokayev said on 28 January 2025. “The development of artificial intelligence is becoming a fundamental factor, and competition between leading technological powers is intensifying in this area,” he added. “In such conditions, we need to have a clear strategy of action aimed at overcoming the serious challenges of the new era.” DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Key Takeaways Kazakhstan is establishing a state-run crypto reserve, likely funded by seized assets and government mining. Kazakhstan is not alone in exploring the potential of national crypto reserves. Around the world, governments are considering crypto reserves, often focusing on Bitcoin as the primary asset. The post Kazakhstan Moves To Create A National Crypto Reserve With Seized Digital Assets appeared first on 99Bitcoins.

Kinterra Capital has made an improved offer to buy Australia’s New World Resources (ASX: NWC) as it looks to beat London-listed Central Asia Metals (LSE: CAML) in the takeover battle. On Monday, Kinterra lifted its offer from A$0.057 to A$0.062 a share, the same price CAML offered in its off-market bid last week. CAML’s previous best offer was A$0.055 before Kinterra came into the fold. At market close in Australia, New World’s shares traded at A$0.065 apiece for a market capitalization of A$215.7 million ($141.8 million). ‘Superior offer’ While its offer, on a per-share basis, is the same as CAML, Kinterra argues that its revised bid is “superior” in many aspects, including fewer conditions and a quicker timeline. In its statement, the Canadian private equity firm noted that its proposal is subject only to no “prescribed occurrences” occurring before the offer period ends. In contrast, CAML’s offer is subject to many conditions, including regulatory (i.e. CFIUS and North Macedonia), court and shareholder approvals. In addition, Kinterra said its offer is scheduled to open by no later than July 10, while CAML’s won’t be voted on until mid-September, which even if successful, may not be implemented until October. Kinterra’s offer avoids the execution risk and timing implications arising from this conditionality under the CAML proposal, the firm stated. Shareholder power Moreover, Kinterra said it will not vote in favour of CAML’s proposal, noting that as New World’s largest shareholder with a 19.3% stake, it has “the ability to materially influence the outcome of any shareholder vote on any competing offer.” With respect to CAML’s proposed A$10 million funding to New World for obligations related to the Antler copper project in Arizona, Kinterra said it is willing to engage in talks on interim funding, with the expectation that New World will terminate its agreement with CAML due to Kinterra’s competing offer. Located 15 km east of Yucca in northwestern Arizona, New World’s Antler project is host to a high-grade, polymetallic deposit with a resource of 11.4 million tonnes grading 4.1% copper equivalent per tonne. A 2024 prefeasibility study outlined a 12-year mine capable of producing 341,100 tonnes of copper equivalent.

XRP showed a powerful technical reaction after dipping precisely to the $2.07 Fib confluence zone, where multiple key levels aligned — including the golden .618 Fib retracement and wave-based extensions. The sharp bounce from this area signals a potential end to the recent correction and opens the door for further upside. The Perfect Bounce: XRP Finds Bottom At $2.07 Confluence CasiTrades, in a latest post on X, stated that on Friday, XRP dipped precisely to the $2.07 confluence zone, aligning with the golden .618 retracement, the 1:1 extension for wave C, and the .618 extension for subwave 5. She noted that a sharp reaction from that level would confirm the correction bottom, and the market did exactly that, snapping upward from the $2.07 mark. Since then, momentum has steadily increased, with bullish pressure building over time. Price action is now pressing into a critical resistance zone at $2.25, a level that represents the macro .382 Fibonacci retracement and has served as a significant technical barrier for months. Breaking and holding above this level could signal a shift from recovery to full-blown bullish continuation. Adding to the momentum, Ripple dropped its appeal, and the US SEC’s withdrawal could be the next trigger to price spikes. According to CasiTrades, the legal finish line is finally in sight, just as the price completes its correction structure, a timing she believes is no coincidence. This, she emphasized, is why technical analysis matters: it allows traders to identify key setups before the news breaks, positioning ahead of market-moving headlines. Key Short-Term Scenarios To Watch The analyst further explained that from this point, she is closely watching two key short-term scenarios unfold. In the first scenario, XRP makes a move up to around $2.30, followed by a pullback to retest $2.25 — this time as support, which CasiTrades considers an ideal and healthy move. The second scenario involves a stronger push straight through to the $2.45 zone, heading toward the larger resistance near $2.69. In this case, a minor pullback would likely occur just before the price interacts with the $2.69 resistance area. After that, the analyst anticipates a backtest of the $2.25 level. Either way, she emphasized that $2.25 remains the critical level to watch. Successfully flipping it sets the stage for a much larger breakout move. CasiTrades added that Friday’s bounce wasn’t just a random spike; it was a precise reaction to a completed structure. With wave 2 down, wave 3 is officially underway, and once these nearby resistance levels are cleared, it could all lead to a surge.

The euro is up for an eighth consecutive day and has gained 2.4% during that time. In the North American session, EUR/USD is trading at 1.1738, up 0.36% on the day. German inflation flatlines in June German data on Monday pointed to a weakening German economy. The CPI report indicated that the deflationary process slowly continues. The inflation rate for June came in at 0% m/m, down from 0.1% in May and below the consensus of 0.2%. Annually, inflation dropped to 2.0% from 2.1% and below the consensus of 2.1%. The eurozone releases its CPI report on Tuesday. 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.

Gold prices inched higher on Monday as support from a weaker dollar overshadowed improved risk appetite, while investors await US jobs data due this week to gauge their next moves. Spot gold rose 0.4% at $3,287.10 per ounce by 10:45 a.m. ET, having fallen to a one-month low of $3,248.42 earlier in the session. US gold futures also registered a 0.4% gain, trading at $3,300.80 per ounce in New York. Meanwhile, the US dollar index hovered near its lowest level since March 2022, making bullion less expensive for holders of other currencies. “A weaker US dollar and the ongoing pressure of President (Donald) Trump on the US Federal Reserve to cut interest rates” are supporting gold, said Giovanni Staunovo, an analyst at UBS. For weeks, Trump has toyed with the idea of selecting a new Federal Reserve chair to replace incumbent Jerome Powell. Last Friday, the President said that he would not appoint anyone “who would not support lowering interest rates.” On the US data front, investors are waiting on the ADP employment and non-farm payrolls reports due later this week, which could provide insights into the Fed’s future path for interest rate cuts. The focus remains on whether the data suggests a further slowdown in economic activity, which would allow the US central bank to cut interest rates, Staunovo added. (With files from Reuters)

South Korea pressed pause on its central bank digital currency (CBDC) initiative, even as its new government pivoted toward promoting domestic stablecoins. Telling banks involved that introducing won-denominated stablecoins would be ‘desirable,’ South Korea’s central bank has slowed down on any progress towards a CBDC. In the meantime, Hong Kong is rolling out a regulatory framework for stablecoin issuance aimed at challenging U.S. dollar dominance and bolstering its own financial infrastructure. Both countries reinforce a common perception: crypto is here to stay, and you’ll need a top-notch crypto wallet like Best Wallet app to keep on top of everything. South Korea: Cold Feet on CBDC, but Full Speed Ahead on Stablecoins In a surprise move, the Bank of Korea halted the second phase of its CBDC pilot, planned for later this year, for further review. The advanced pilot, involving peer-to-peer transfers and merchant payments, takes a back seat amid rising concern over cost, commercialization ambiguity, and regulatory readiness. This policy change is strongly influenced by President Lee Jae‑myung’s administration, which won elections earlier in June based at least partly on crypto promises. The new administration also fostered a regulatory framework enabling firms with modest capital (₩500 million ~ US$370K) to issue stablecoins under the Digital Asset Basic Act. At a time when over a third of South Korea’s population – roughly 18M people – trade crypto, boosting stablecoins seems like a solid move. The decision to move away from a CBDC is a bit more surprising. Still, with so many investors trading crypto daily, there’s a real desire to build and strengthen frameworks like the ones for stablecoins. Other countries are making similar moves, though perhaps for more political reasons. Hong Kong: Regulating Stablecoins to Reduce U.S. Dollar Dependence Hong Kong is set to enforce its Stablecoins Ordinance starting August 1, 2025. Passed on May 21, the law mandates HKMA licensing for any fiat-referenced stablecoin issuer targeting the city’s residents. The rigorous licensing requirements cover reserve holdings, fund segregation, redemption rights, and anti-money-laundering protocols. Hong Kong Financial Secretary Paul Chan ties the initiative to China’s broader de‑dollarization strategy, highlighting stablecoins as pivotal for trade and cross-border payments in local currencies. In his words: ‘Fintech has great potential in the application of cross-border trade, and the goal is to solve the long-standing pain points of slow and high cost of cross-border payment, and better serve the real economy in the field of payment… stablecoins are a cost-effective alternative to the traditional financial system and have the potential to revolutionize payments and capital market activities, including cross-border payments. The stablecoin legislation will… encourage issuers to extend the application of stablecoins to different scenarios, and help solve the real pain points of enterprises in business and people’s lives.’ Hong Kong anticipates local issuers and regulated institutions taking the lead, with limited retail uptake initially, but significant promise for cross-border institutional use. And as retail interest grows, more and more investors are going to need a crypto wallet – the best kind of crypto wallet. Best Wallet Token ($BEST) – Supercharge the Leading Web3 Wallet for the World Crypto Economy Best Wallet Token ($BEST) takes two key ingredients for crypto wallet utility and creates something even more powerful. The first element is a simple, powerful web3 wallet – Best Wallet app. With MPC and biometric security, the ability to set up multiple wallets, and a unique upcoming tokens hub to research and purchase hot crypto presales, Best Wallet app gives new and experienced crypto users everything they need to succeed in today’s crypto economy. The $BEST token supercharges the entire ecosystem. Token holders gain: Reduced transaction fees Better staking returns Exclusive project access Governance rights The ongoing presale has raised $13.6M so far. $BEST tokens are on sale for $0.025255, but our price prediction shows they could reach $0.05106175 by the end of 2026, delivering 102% gains for presale participants. Learn how to buy Best Wallet Token to avoid missing out. Visit the Best Wallet token presale now. What These Moves Signal Both governments seek to balance private stablecoin innovation with preserving monetary policy control. South Korea’s pivot reflects a pragmatic approach: redirecting momentum from costly and uncertain CBDC deployment toward a more agile, regulated stablecoin model. Hong Kong’s strategy signifies a calculated expansion of its role in the global digital asset economy, linking stablecoin issuance to monetary liberalization and regional trade objectives, and supporting China’s broader political goals. In each case, the success of stablecoin ambitions hinges on the dirty details of regulation, institutional participation, and financial market dynamics. And success means that everyone, not just major institutions, will want their own Web3 wallet. As always, do your own research – this isn’t financial advice.

The first half of 2025 is officially coming to an end as markets wrap up the rest of June. This first half has been defined by broad USD selling, driven by the unwinding of US-centric flows that had built up over the past 15 years. After a frantic six months under President Trump, market participants are increasingly looking to reduce exposure to the United States. The key themes pressuring the US Dollar have included doubts over the sustainability of ballooning deficits, lower tax revenues to fill up the federal piggy bank, and—perhaps most importantly—the unpredictability of Trump’s tariff policy. Read More: UK GDP impresses with 0.7% gain in Q1 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.

Solana is displaying signs of strength as it trades with a key chart pattern, which indicates that the altcoin is preparing for a solid move. The price has been holding steady, forming lower highs and higher lows within a narrowing range. This pause in momentum could be setting the stage for another breakout. Key Resistance Levels In Focus As Breakout Approaches Solana has developed a bullish flag pattern on the daily chart, signaling a continuation of its uptrend. According to Dynamite Trader’s post on X, this pattern often precedes strong breakouts, suggesting that momentum could soon accelerate. Currently, SOL’s price is holding above the midline of the flag, indicating underlying strength. However, it’s also testing the daily 100 moving average (MA100), which is acting as a dynamic resistance. SOL’s reaction to this level will be crucial in determining whether the bullish flag leads to a decisive breakout or a deeper consolidation. Another analyst, Henry, highlighted that Solana is gearing up for a big move after completing a clean Cup and Handle breakout on the 4-hour chart, a bullish pattern that signals continuation. The breakout saw SOL flip the $149 resistance into support, a key technical shift. If this level holds, Henry sees a rally toward the $168 to $174 zone, which aligns with previous resistance levels and bullish extension targets. He adds a warning that volatility is increasing, and high-leverage positions are at risk on both sides. Solana is setting up a clean wedge on the weekly chart. Currently trading at $150, SOL has been consistently bouncing between support and resistance levels, which is known for building pressure before delivering sharp moves. Talking about this, Top G emphasizes that if this plays out as expected, the next leg up could be significant, and $300 isn’t just speculation; it’s a realistic target based on the structure and behavior. Holding Above The Breakout Zone Could Accelerate The Move Upward Solana has broken above the downtrend line on the 4-hour chart. This move could mark a pivotal shift in short-term momentum, with potential bullish continuation if current levels hold. If SOL maintains its position above this trend line, crypto analyst Bens BTC noted that the price could climb toward the next resistance area at $165. The price action is forming a bullish structure, and momentum indicators may soon align with the breakout, further supporting the continuation of the upside. The asset had broken out with strong momentum and is now trading firmly within a long-term bullish channel, a structure that has supported uptrends. The price action looks clean, with higher highs and higher lows forming as SOL surges upward. Furthermore, analyst Persis10t revealed that momentum is picking up, and as long as the channel remains intact, the path forward could be explosive. If the structure holds and attracts volume, Persis10t projects a target of $700+ in the next run, pointing to the upper boundary of the bullish channel as a magnet for price.

IXM, a metals trading unit of CMOC Group (SHA: 603993), has declared force majeure on its cobalt supply contracts due to an ongoing export ban in the Democratic Republic of Congo (DRC). The ban, initially set for four months, has now been extended until September, halting cobalt shipments from key suppliers. Export ban extended The DRC government extended its cobalt export ban by another three months on June 21, citing a need to address market oversupply and stabilize prices. The measure, enforced by the Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS), began on February 22, 2025. It has disrupted shipments from major producers like Tenke Fungurume Mining and CMOC Kisanfu Mining, forcing IXM to suspend contract deliveries. The DRC accounts for over 80% of global cobalt output. The export halt could remove more than 100,000 tonnes of cobalt from the market over a seven-month period, fueling supply concerns. Glencore (LON: GLEN), the world’s second-largest cobalt producer, also declared force majeure following the initial suspension. Meanwhile, Cobalt Holdings shelved a planned $230 million IPO in London, which aimed to fund discounted cobalt purchases from Glencore.

Crypto analyst Egrag Crypto has provided a detailed breakdown of how the XRP price could reach between $9.5 and $37.5. He alluded to previous cycles as the rationale behind why the altcoin could reach such ambitious targets in this market cycle. Rationale Behind XRP Price Rally To $9.5 And $37.5 In an X post, Egrag Crypto stated that historical cycles show that the XRP price always rises above the Exponential Moving Average (EMA) and then retests it. He added that the final move from that retest point to the cycle’s top creates the blowoff peak. In Cycle 1, XRP recorded around a 2,000% gain while the altcoin surged 455% from the retest point in Cycle 2. Egrag Crypto then applied these percentages to the current cycle to show why the XRP price could reach $9.5 and $37.5. He noted that after the initial surge and retest in April 2025, the EMA will likely rise with the price, setting the stage for the next big move. Based on these historical blowoff phases, the analyst said that XRP could record another 2,000% increase and reach $37.5. On the other hand, the XRP price could mirror the second cycle and record a more conservative 455% rise, which puts the altcoin at $9.5. Egrag Crypto’s accompanying chart showed that XRP could reach either of these targets by September 1 later this year. Meanwhile, the analyst advised market participants to choose their targets wisely. He also told them to set their exit plans, avoid getting caught up in hype, stick to their strategy, and get prepared. Breakout In Progress For XRP In an X post, crypto analyst CasiTrades stated that the $2.25 level is loading for the XRP price following its reclaim of the $2.07 level. Based on this price action, she remarked that a breakout was in progress. This $2.25 also represents the macro .382, a key level which the analyst has been alluding to for months. CasiTrades declared that momentum is building for the XRP price and that Ripple’s decision to drop its cross-appeal against the SEC is further fueling this momentum. From the current level, she stated that she is watching two key scenarios in the short term. First, the altcoin could move into $2.30, then pull back to test $2.25 as support. The analyst remarked that this would be “ideal and healthy.” For the second scenario, CasiTrades predicts that the XRP price could push harder through to $2.45, which is closer to the $2.69 resistance. Then, the altcoin would witness a slight pullback before touching the $2.69 level with resistance. For this scenario, she believes that a retest of $2.25 later would be expected. At the time of writing, the XRP price is trading at around $2.19, up in the last 24 hours, according to data from CoinMarketCap.

The British pound has edged lower at the start of the week. GBP/USD is trading at 1.3689 down 0.19% in the North American session. UK GBP for Q1 higher than expected The UK economy grew by 0.7% q/q, unchanged from the initial estimate. This follows a gain of 0.1% in Q4 2024 and marked the strongest growth in a year. The gain was driven by strong growth throughout the economy, including a 0.7% gain in the services sector. 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.

Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs in a statement given to Bloomberg on 30 June 2025, through a representative. Also, a senior representative of one of the seven banks participating in the South Korean CBDC trials informed a local publication that the central bank is holding back until it sees the government’s stablecoin strategy and how CBDCs might integrate with it. Newly elected South Korean President Lee Jae-myung has openly advocated for stablecoins, and his administration has signalled that stablecoins will fill major gaps in the country’s financial landscape. In his advocacy for stablecoins, Jae-myung has proposed the eligibility of companies with reserves as low as 500M won ($370,000) to be able to issue stablecoins. However, not everyone is happy with this rapid acceleration in stablecoin adoption in South Korea. BoK officials have sounded the alarm, with Senior Deputy Governor Ryoo Sang-dai cautioning industry players against moving too fast. He has called for a gradual rollout of bank-led stablecoins that takes into account consumer protection and other measures that will mitigate market disruption. Explore: Top 20 Crypto to Buy in June 2025 South Korean CBDC Trials Are on Verge of Collapse The local publication reported that banks are not keen on continuing the second half of the CBDC trials as they have become disillusioned with the exorbitant cost of the program. The banks have raised their concerns regarding this matter, stating, “The cost burden is too high without a specific commercialisation plan.” Moreover, they have demanded a clear, long-term roadmap regarding this matter. About 100,000 participants were involved in the first stage of the South Korean CBDC trial run, which ran from 1 April 2025 to 30 June 2025, where they tested out the CBDC payment infrastructure. The second phase was meant to expand the number of merchants and bring in remittances. However, the BoK is considering moving the tests from the second half of this year to early next year while limiting the participation of financial institutions. Interestingly, South Korean banks are keen to issue their own stablecoins since there is a clearer commercialisation path that is more viable and financially beneficial. Recently, eight of the biggest South Korean commercial banks joined hands to issue a Won-backed stablecoin. Explore: The 12+ Hottest Crypto Presales to Buy Right Now South Koreans Hold 14% of Their Investment in Crypto Over 18 million South Korean residents are involved in crypto trading, a significant surge resulting in crypto exchanges surpassing traditional equity markets such as the Kospi and Kosdaq. According to a recent industry survey, over half of South Koreans aged 20 to 59 have traded crypto, with one in four still holding digital assets. Many are managing wallets in multiple domestic exchanges, with crypto accounting for at least 14% of their total portfolio. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 Key Takeaways South Korean central bank is holding back until it sees the government’s stablecoin strategy and its integration with CBDCs The BOK has called for a gradual rollout of bank-led stablecoins that have taken into account consumer protection and other measures that mitigate market disruption South Koreans manage wallets on multiple domestic exchanges, with crypto accounting for at least 14% of their total portfolio The post South Korea Pauses CBDC Plans as Stablecoins Gain Ground appeared first on 99Bitcoins.

Notcoin price is up 12% from April 2025 lows. NOT crypto is bouncing strongly after the Nobitex hacker burned 2% of the total NOT supply. Will NOTUSDT extend gains and march to May 2025 highs? Notcoin holders have had a rough few months. Barely a year after NOT ▲2.17% crypto soared to an all-time high of $0.028, the token is now among the top losers, sinking by over 93% in one year. Despite the initial excitement, the token has struggled to maintain momentum, crashing to all-time lows in April 2025 when it cratered to $0.0016. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 NOT Crypto Rising, Up 12% From April 2025 Lows However, the good news is that NOT crypto is recovering and is among the best cryptos to buy in the Tonchain ecosystem. Notably, the NOT token is up 12% from April lows and is firm, adding 13% from last week’s lows. From the NOTUSDT daily chart, bulls are likely to build on recent gains, pushing the token above the local resistance at around $0.002. NotcoinPriceMarket CapNOT$181.10M24h7d30d1yAll time The stage is set, and if this expansion is accompanied by rising trading volume, it could easily build the momentum needed to retest the $0.0026 May 2025 highs. If this happens, the token could easily outperform some of the top Solana meme coins. 3% of Notcoin Burned After Nobitex Hack Although technicals play a role, the current momentum in NOT is driven by events following the surprise burn of hacked tokens on June 18. The sequence of events after the Nobitex hack has turned a crisis into a catalyst, but whether the excitement will last remains to be seen. On June 18, Nobitex, a crypto exchange, was hacked, resulting in the loss of several tokens worth millions. One of the stolen tokens was NOT. Something unexpected happened while the hacker transferred the tokens to multiple chains, including Ethereum, Tron, and the TON networks. It turned out, the hacker mistakenly sent stolen NOT worth $6 million to an unrecoverable address. This error, intentional or not, effectively burned 3% of the total NOT supply. (Source) By removing NOT from the circulating supply, the hacker reduced supply at a key level, boosting demand and propelling NOT to higher spot rates. If bulls capitalize on this excitement, NOT could be poised for a broader rally, further lifted by shifting sentiment in the crypto scene. Explore: Top 20 Crypto to Buy in July 2025 Not Games Launch on Telegram While the hack is a focal point, Notcoin is also expanding its ecosystem. On June 6, Not Games was launched on Telegram. Since launching, Notcoin has benefited immensely from the over 1 billion Telegram users and a series of upgrades by the social platform. From this game, users can collect loot boxes, rare skins, and cards. These items are tradable in secondary markets. Interestingly, gamers can retain progress across other games on Telegram. The game launch is a major milestone for Notcoin, especially considering that is is community-driven. Notcoin has no roadmap and does not rely on heavy marketing. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins Notcoin Price Analysis: Nobitex Hack Boosts NOT Crypto? NOT crypto is up 12% from April 2025 lows Notcoin price is steady, and bulls are targeting May highs Nobitex hacker burns $6 million worth of NOT crypto Not Games launch boosts token utility The post Notcoin Crypto Trending: Did the NOT Tap-to-Earn Token Benefit After Nobitex Exchange Hack? appeared first on 99Bitcoins.

Metaplanet has made headlines yet again with the expansion of its Bitcoin treasury. The Japanese company now holds 13,350 Bitcoin – propelling it to the fifth-largest corporate Bitcoin holder globally, beating Tesla, Coinbase and more. In its latest move, Metaplanet purchased a $108 million purchase of 1005 BTC. The move comes as part of an aggressive acquisition that has seen the company’s holdings balloon from 3,350 BTC to 13,350 in just three months. Furthermore, Metaplanet – dubbed as Japan’s Strategy – has announced plans to issue ¥30 billion ($207 million) in 0% ordinary bonds to fund further Bitcoin purchases. Metaplanet CEO Simon Gerovich took to X on 30 June 2025. “Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC,” he said. https://twitter.com/gerovich/status/1939522829000520176 Metaplanet’s most recent purchase ws executed at an average price of $107,601 per Bitcoin. BitcoinPriceMarket CapBTC$2.14T24h7d30d1yAll time Gerovich also said that Metaplanet is aiming to build a robust Bitcoin treasury at an unprecedent rate. The company’s BTC yield stands at an impressive 129.4% for the quarter and 348.8% year-to-date for 2025. Explore: Metaplanet Raises Half a Billion to Fund Another Round of Bitcoin Acquisition Metaplanet Raises Half a Billion For Another Round Of Bitcoin Acquisition On 25 June 2025, Japan’s Metaplanet raised an astonishing $517 million in a single day, earmarked exclusively for the purchase of additional Bitcoin. Metaplanet announced that it had successfully raised ¥74.9 billion (approx $517 million) in equity capital. This single-day raise stands out as the largest Bitcoin-related capital raising effort by a Japanese company. Early this month, Metaplanet acquired an additional 1,112 Bitcoin. The investment company is Asia’s largest corporate Bitcoin holder. Metaplanet’s latest round of funds were raised on the first day of the company’s ‘555 Million Plan’ through the issuance of 54 million shares, executed via the exercise of its 20th series of stock acquisition rights. Explore: 9+ Best High-Risk, High–Reward Crypto to Buy in June 2025 Key Takeaways Metaplanet’s aggressive Bitcoin acquisition strategy is a clear signal of the company’s conviction in the long-term value proposition of Bitcoin. To fuel its continued Bitcoin accumulation, Metaplanet announced the issuance of 30 billion yen ($208 million) in 0% ordinary bonds. The post Metaplanet Beats Tesla, Coinbase To Become 5th Largest Corporate Bitcoin Holder: CEO Says “More Purchases Coming” appeared first on 99Bitcoins.

Hours after Ripple Labs said it would abandon its long-running appeal in its securities case with the US Securities and Exchange Commission, watched market technician CasiTrades (@CasiTrades) on X argued that XRP’s price structure has already completed its corrective phase and is “now wave 3 in motion.” The pseudonymous trader described how Friday’s slide to $2.07 had “tagged” three separate Fibonacci confluence markers—the 0.618 retracement of the March-to-May rally, a 1:1 equality projection for wave C of the prior correction, and a 0.618 extension of sub-wave 5. “The market snapped upward from that exact price,” she observed, before adding: “$2.07 tagged. $2.25 loading. XRP breakout in progress!” XRP Enters Wave 3 By midday in Europe on Monday XRP was changing hands at $2.19, roughly 4% above Friday’s close and 8.5% higher than a week ago. That recovery has carried the token to the edge of the next “major test” cited by CasiTrades: the long-monitored $2.25 zone, which she notes coincides with the 0.382 Fibonacci retracement measured from XRP’s 2021 swing high. In classical Elliott Wave analysis, a decisive breach and subsequent retest of that level would validate the start of a powerful third wave, the phase in which momentum typically accelerates and sentiment flips decisively bullish. CasiTrades outlined two near-term paths: either a brief thrust to $2.30 followed by a healthy back-test of $2.25, or a more explosive extension toward $2.45–2.69 before any significant pull-back. “From here, I’m watching two key scenarios short-term: 1) A move into $2.30, then a pullback to backtest $2.25 as support. This would be ideal and healthy. 2) Or, price pushes harder through to ~$2.45, closer toward $2.69 resistance. Has a small pullback, before touching $2.69 with resistance. In this plan, a backtest of $2.25 later would be expected,” Casi writes via X. In either scenario, she argues, the structural message is the same: “Flipping that level opens the door for the next full breakout… once these local resistances are out of the way → fireworks.” The technical argument lands at a moment when a key fundamental overhang appears to be fading. On June 27 Ripple chief executive Brad Garlinghouse announced that the company will withdraw the cross-appeal it filed last year contesting parts of Judge Analisa Torres’s split decision on XRP sales. “We’re closing this chapter once and for all,” Garlinghouse wrote on X, adding that the SEC “was also expected to drop its appeal.” The move came one day after Torres rejected a joint request from both parties to shrink Ripple’s civil penalty to $50 million and dissolve her permanent injunction. That backdrop helps explain why the Fibonacci “golden-ratio” bounce at $2.07 drew such an emphatic response. But for now, the market’s focal point is whether XRP can turn the $2.25 shelf from resistance into support. If it does, the next cluster of historical supply sits between $2.60 and $2.70—the area that capped rallies in December 2021 and March 2022. A break beyond that zone would leave little chart resistance before psychological milestones at $3.00 and the all-time closing high near $3.40 set in January 2018. Even so, technicians caution that Elliott Wave targets remain probabilistic, not predictive certainties, and that any new macro-regulatory twist could reset the calculus. Friday’s ruling also left Ripple’s injunction intact, meaning the company must still navigate a compliance regime that did not exist when the lawsuit began in 2020. Whether those realities temper the exuberance around wave 3 remains to be seen. In CasiTrades’ words, however, timing is everything: “This is exactly why we rely on TA. The charts help us spot setups before the news hits. News hits harder after price has positioned.” For a market that has waited more than four years to see its signature legal saga reach closure, traders appear ready to test that maxim on the road to $2.25—and beyond. At press time, XRP traded at $2.19.

Canada has seen a surge in hard rock lithium exploration and development activity following the discovery of Patriot Battery Metals’ globally significant Corvette (CV5) pegmatite in Quebec in 2021, the enactment of the US Inflation Reduction Act (IRA) which incentivizes “friendshoring” of supply chains, and a rally in global lithium prices that peaked in 2022. A host of feasibility studies emerged between 2023 and 2025, the latest of which Adamas Intelligence benchmarked in this insight. Existing producers of spodumene concentrate include the twice bankrupt and re-capitalized North American Lithium mine in Quebec (a joint venture between Sayona Mining and Piedmont Lithium), the Chinese-owned Tanco mine in Manitoba, and Quebec’s Whabouchi mine due to be commissioned in 2025 after also emerging from bankruptcy proceedings. Spodumene concentrates have mostly been exported to China for chemical conversion. Localization of conversion capacity has been envisioned for decades, but a number of factors including the remoteness of Canada’s spodumene endowments, the marginal profitability of spodumene concentrators together with the immaturity of lithium refining intellectual property and skillset development, have meant these endeavors have failed to attract investment. Tesla has taken it upon itself and is currently commissioning a conversion facility in Texas (with offtake from the North American Lithium mine), while Rio Tinto is aiming to commission a conversion facility in Bécancour integrated with the Whabouchi mine in 2026. The outstanding cohort of Canadian hard rock lithium developers are increasingly tapping technical and funding partners to assist project development. One such example is Frontier Lithium which recently signed a joint venture agreement with Mitsubishi Corporation of Japan. Both provincial and federal governments have also pledged financial support for the project. In May this year, Frontier Lithium released a Definitive Feasibility Study for the PAK spodumene concentrator in Ontario. To benchmark the results, Adamas Intelligence compared PAK to seven selected spodumene concentrate projects which range in accuracy from Preliminary Economic Assessment to Feasibility Study levels. First, capital intensity is calculated taking life-of-mine capital requirements on a per tonne produced (lithium carbonate equivalent contained in spodumene concentrate) basis, gross of government tax credits, such as the federal Clean Technology Manufacturing Investment Tax Credit (CTM-ITC). Next, expected operating costs are broken into the five cost centers – mining, processing, transport, general and administrative, and sustaining and closure. The results are presented on a per tonne 6.0% Li2O spodumene concentrate equivalent basis. Note: Price-dependent factors such as royalties and bi-product credits are excluded. Closure costs are also inconsistently accounted for in the studies. Frontier Lithium’s PAK screens as a high CAPEX, low OPEX project. The 1.0 Mtpa concentrator is set to cost US$688M which is very high by global standards. This is in part due to the relative remoteness of the project in northwestern Ontario. PAK has the highest reserve grade of the group, at 1.51% Li2O. Its fine-grained spodumene ore demands a whole-of-ore froth floatation plant, conceptually similar to recently commissioned Kathleen Valley mine in Western Australia and Ganfeng Lithium’s Goulamina mine in Mali. The thick, vertically dipping ore bodies, lend to low strip ratio, low-cost open pit mining. Despite whole-of-ore froth floatation placing greater demands on comminution and material handling, PAK’s processing costs are comparable to peers who have adopted dense media separation process designs like the Adina and Galaxy projects. PAK’s concentrate transport costs are also low, given delivery is set for the presumptive chemical plant location in Thunder Bay on Lake Superior, Ontario. The Seymour project shares this characteristic. In contrast, the remaining six projects in Quebec deliver to ports on the St. Lawrence River, with direct access to international markets via ocean freight. On this basis, comparison of transportation costs is not like-for-like. The remaining cost centers, G&A and sustaining capital, demonstrate the study managers’ contrasting approach to cost allocation and capitalization as they pertain to reporting standards (JORC vs. NI 43-101). Ultimately, these can be reconciled within normalized incentive prices, IRR or NPV calculations. To harmonize both capital and operating cost metrics without the use of discounted cash flow models, an incentive price is formulated with the units USD per tonne SC6.0% Li2O: Note: It is assumed the projects target an IRR of 20%, and total corporate taxes (provincial and federal) are 31.5% in Ontario and 38% in Quebec. $1,500/t SC6 is widely considered an appropriate price to incentivize the required volumes of spodumene concentrate to meet long term demand. To achieve 20% IRR, a minimum rate of return widely accepted by industry, PAK requires a pricing environment of around $1,500/t SC6. By comparison to Canadian peers, and certainly in a global context, PAK demonstrates marginal economics. Encouragingly, PAK’s incentive price is lower than the recently constructed Whabouchi mine per its December 2022 pre-feasibility study. It is worth highlighting Whabouchi’s costings also included sunk CAPEX as the “half-completed plant” was re-capitalized, and the flowsheet reenvisioned under the new owners – Rio Tinto and the government-owned Investissement Quebec. In principle, PAK’s feasibility study level costings will be more conservative than half of the peer group assessed at PEA or PFS levels. Furthermore, PAK is uniquely royalty free within the peer group. By contrast, Winsome’s Adina project will pay out a 4% NSR, which at $1,500 SC6 price adds $55/t SC6 to its cost profile (this has not been considered within the above calculations). If we consider Moblan and Galaxy as strategically important growth projects for Sayona Mining (soon to be Elevra Lithium) and Rio Tinto, respectively, what remains are five flagship projects held by listed junior mining companies. In other words, it may be prohibitively difficult for outside capital to participate in these projects, thus the universe of pure-play eastern Canadian spodumene opportunities shrinks, and PAK then ranks behind Adina and Shaakichiuwaanann. With this glass-half-full perspective, third place is a respectable position. In our view, the project has the potential to attract the necessary capital and advance into construction, but only in a prolonged, pro-cyclical price environment, and only where friendshoring critical mineral supply chains are the order of the day. * Christopher Williams is an analyst with Adamas Intelligence Battery Metals Forecast Service.