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Highlights include Trump trade deadlines, FOMC Minutes, OPEC+, RBA, RBNZ, UK GDP and Canada jobs Newsquawk Week Ahead: Highlights 7-11th July 2025 SAT: OPEC MEETING MON: German Industrial Output (May), Swedish CPIF Flash (Jun), EZ Sentix (Jul), Retail Sales (May), US Employment Trends (Jun) TUE: RBA & RBNZ Policy Announcements, EIA STEO; German Trade Balance (May), US NFIB (Jun) WED: “Liberation Day” Tariffs take effect (end of 90-day suspension), EU-US Tariff Negotiation Deadline (50% duty on all EU mimports), FOMC Minutes (Jun); Chinese CPI (Jun), PPI (Jun), US Wholesale Sales (May) THU: BoK Policy Announcement; Norwegian CPI (Jun), US Weekly Jobless Claims, Chinese M2 & New Yuan Loans (Jun) FRI: IEA OMR; UK GDP (May), Canadian Unemployment/Wages (Jun) OPEC MEETING (SAT): OPEC+ is to hold its confab on Saturday, 5th July, with delegates expected to approve a further 411k bpd output hike for August, in line with the pace of increases agreed for May, June, and July. Desks suggest recent months have seen the group pivot from price defence to a market share strategy, led by Saudi Arabia, Kuwait, and UAE, which sharply boosted exports in June amid regional security risks. In terms of compliance, while some members, notably Kazakhstan, remain above quota, Bloomberg data suggests most are producing broadly in line with targets, after prior overproduction was offset by voluntary restraint. Analysts note a further hike would add to oversupply risk into H2, with OPEC+ now focused on recouping share from US shale, which posted record output in April. Market attention will be on both the final size of the hike and any signals around quota enforcement or future policy direction. SWEDISH CPIF (MON): In May, CPIF printed at 2.3% Y/Y, cooler than the 2.5% the market expected, while the core Y/Y figure came in at 2.5% vs 2.6% forecast. For the Riksbank, the ongoing moderation provided them with enough confidence to cut rates by 25bpsas expected in June, at which point they noted that “inflation is expected to be somewhat lower than in the previous forecast”; specifically, cutting the 2025 CPIF Y/Y view to 2.4% (prev. 2.5%). Interestingly, within the minutes, Deputy Breman expanded on the 2.4% forecast, stating that a few tenths above/below 2% is not a deviation from target. For June, the focus will be on just how much of the monthʼs Middle East-related energy upside is seen within the headline, and then if the approaching US reciprocal deadline exerts any additional pressures on prices. For policy, the print is unlikely to have a significant impact, as while the Riksbankʼs forecast implies “some probability” of another cut in 2025, it is far from certain and will be in Q4 if at all. RBA ANNOUNCEMENT (TUE): The RBA is expected to continue lowering rates, with money markets pricing around a 96% probability for the Cash Rate to be lowered by 25bps to 3.60% and around a 4% chance for the central bank to maintain rates at the current 3.85% level. As a reminder, the RBA cut the Cash Rate by 25bps to 3.85% at the last meeting in May, which was widely expected, while it stated that inflation continues to moderate, the outlook remains uncertain and that maintaining low and stable inflation is the priority. The RBA board judged that the risks to inflation have become more balanced and noted that uncertainty in the world economy has increased over the past three months, and volatility in financial markets rose sharply. The board also assessed that this move on rates will make monetary policy somewhat less restrictive, while it remained cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand and supply. RBA also released its Quarterly Statement on Monetary Policy during the last meeting, which stated that the escalation of global trade conflict is a key downside risk to the economy and that the global growth outlook was downgraded, while the central bank trimmed core domestic inflation forecasts and slightly raised its unemployment view. Furthermore, RBA Governor Bullock said during the press conference that the RBA is prepared to take further rate actions if required and that there was a discussion between a 50bps cut or a 25bps cut, as well as a discussion on holding rates or cutting. Bullock also stated that more adjustments are possible, but couldnʼt say where the cash rate will end up and noted she does not endorse market pricing, although she commented that if inflation continues to come down, that would offer room to lower rates further. As such, the data points to the likelihood of a cut given that Weighted CPI YY in May softened to 2.1% vs. Exp. 2.3% (Prev. 2.4%), while other key releases also support the case for rate cut with Employment Change in vMay at a surprise contraction of -2.5k vs. Exp. 22.5k (Prev. 89.0k) and after GDP in Q1 disappointed with Real GDP QQ at 0.2% vs. Exp. 0.4% (Prev. 0.6%) and Real GDP YY at 1.3% vs. Exp. 1.5% (Prev. 1.3%) EU-US TARIFF NEGOTIATION DEADLINE (TUE): US President Trump set a July 8th deadline for a provisional EU-US trade deal or a 50% reciprocal tariff for the bloc. Talks, led by EU Trade Commissioner Sefcovic and USTR Greer, focus on securing a 10% baseline tariff in exchange for immediate relief for key EU exports, including autos, steel, and semiconductors. Brussels is pushing for a UKstyle carve-out offering upfront exemptions, which EU diplomats cited by Politico say is essential to secure member state backing. Politico adds that the Commission is also pressing for sector-specific reductions, particularly in pharmaceuticals and aerospace, though officials see limited scope for movement from Washington. Sefcovic is expected to offer conditional acceptance of the 10% tariff in return for near-term concessions, but several details are likely to be ironed out after the deadline. The EU is said to be weighing four possible outcomes in its tariff talks with the US, according to Politico, citing two diplomats. The worst-case scenario is a total breakdown, triggering a jump in tariffs to 50% and new levies on sectors like pharma and semiconductors. A more moderate outcome would see talks continue over the summer with current tariffs in place. The best case is a broader framework deal including cooperation with China, though this would likely involve accepting some US-favoured terms. A near-term “agreement in principle” could delay EU retaliation — currently paused until July 14th — into the medium term. Diplomats view a full breakdown as unlikely, with negotiations expected to carry on past the July 8th deadline if needed. Within the EU, Berlin and Rome support a swift deal even if it requires concessions, while countries like Spain have faced pressure from Trump over defence spending and may be more cautious. Try Newsquawk free for 7 days CHINESE INFLATION (WED): China releases its latest inflation data on Wednesday, with headline CPI forecast at 0% Y/Y (prev. – 0.1%), -0.1% M/M (prev. -0.2%), and PPI at -3.1% Y/Y (prev. -3.3%). Recent months have seen both CPI and PPI in negative territory, a trend analysts expect to persist in June amid ongoing declines in food prices. On the producer side, PPI is set to remain in deflation for a 33rd consecutive month, reflecting persistent excess capacity and intense price competition across key industries, according to ING. The desk adds, “Extreme price competition, one of the main factors behind deflationary pressure, has recently caught the attention of policymakers, who will aim to crack down on disorderly price competition moving forward.” RBNZ ANNOUNCEMENT (WED): The RBNZ is likely to keep rates unchanged, with money markets pricing around a 75% probability that the Official Cash Rate will be maintained at the current 3.25% level and just about a 25% chance for a 25bps cut. As a reminder, the RBNZ delivered its 6th consecutive cut at the last meeting in May, which was widely expected and noted that inflation is within the target band, core inflation is declining, and that it is well placed to respond to domestic and international developments. The central bank lowered its OCR projections for the entire forecast horizon and cut its June 2026 CPI view at the meeting, while the minutes from the meeting noted the Committee discussed the options of keeping the OCR on hold at 3.50% or reducing it to 3.25% and noted that the full economic effects of cuts in the OCR since August 2024 are yet to be fully realised. Furthermore, it was revealed that the decision was made by a majority of 5 votes to 1 and Governor Hawkesby commented that the decision to hold a vote on rates was a healthy sign and not unusual at turning points, as well as stated that central projections are wide enough not to have a bias regarding what the next step is at the next meeting and the key message is that they have come a long way and are well placed to respond to developments but are not pre-programmed on moves now. This suggests the central bank will like pause in the immediate term, while comments from RBNZ’s Assistant Governor Silk also suggest a lack of urgency to continue cutting rates as she noted that interest rates are in the 2.5%-3.5% neutral band with the impact of past cuts yet to flow through and a strong export sector, are arguments for not going below neutral, as well as noted that data will decide when or if they cut further from here. As such, the key data releases since the last meeting would support the case for a pause as New Zealand GDP for Q1 topped forecast with QQ GDP at 0.8% vs. Exp. 0.7% (Prev. 0.7%, Rev. 0.5%) and YY GDP at -0.7% vs. Exp. -0.8% (Prev. -1.1%, Rev. -1.3%). FOMC MINUTES (WED): At its June meeting, the FOMC kept rates at 4.25-4.50%, as expected, with its 2025 median rate projection left unchanged at 3.9%, signalling 50bps of cuts this year. The 2026 and 2027 dots rose to 3.6% and 3.4% (from 3.4% and 3.1%). Seven members now expect no cuts this year (up from four), two see 25bps of cuts (down from four), eight foresee 50bps (down from nine), and two expect 75bps (unchanged). GDP forecasts were lowered to 1.4% for 2025 (prev. 1.7%) and 1.6% for 2026 (prev. 1.8%), while unemployment forecasts rose, except for the long run. Headline and core PCE inflation forecasts increased, with 2025- end headline inflation at 3.0% (prev. 2.7%) and 2.4% for 2026 (prev. 2.2%). The Committee said uncertainty has “diminished further but remains elevated,” removing prior warnings about stagflation risks, though higher inflation and lower growth keep those risks present. At his post-meeting press conference, Fed Chair Powell largely repeated familiar remarks, saying a patient, wait-and-see approach remains appropriate. He emphasised that projections are uncertain and not a fixed plan, recommending a focus on nearterm forecasts. Powell said the time will come for more confidence, but cannot specify when. Given the current labour market and falling inflation, holding rates was the right course, he said, and he expects to learn more over the summer and make better decisions after a “couple of months.” Powell noted favourable inflation over the past three months but warned of upcoming tariff mpacts and higher consumer costs, underscoring the need for patience. He said rates must stay high to bring inflation down fully and described policy as “modestly restrictive,” similar to his May comments that policy is “modestly or moderately restrictive.” Since then, speakers have generally toed that line; however, the influential Fed Governors Waller and Bowman both suggested that July may be the time to consider adjusting the policy rate, if inflation pressures remain contained. May’s core PCE data rose slightly above expectations, but still indicated muted inflation (the monthly rate printed +0.2% M/M vs an expected +0.1%), and while the real consumer spending fell by 0.3% (steepest decline this year), suggesting weakening demand, analysts said the data supports the view that the Fed can remain patient, with limited pressure to tighten policy further amid subdued price pressures. Additionally, stronger-than-expected jobs data for June saw markets scale back their expectations of Fed rate cuts ahead, reinforcing expectations of a prolonged hold. At the time of writing, money markets have virtually priced out any prospects of a July rate reduction, and through to the end of the year, pared pricing back to a little over two rate cuts, aligning with the Fed’s view. US LIBERATION DAY DEADLINE (WED): The 90-day tariff pause on US imports, authorised as part of US President Trumpʼs “Liberation Day” policy, expires Wednesday, with no extension signalled. US President Trump said they will start sending letters regarding tariffs, and 10 to 12 countries will get a letter on Friday, 4th July, with tariffs to range from 10%-20% and 60%-70%, while countries are to start paying the new tariff on August 1st. Meanwhile, US Treasury Secretary Bessent said to expect a flurry of trade deals before July 9th and expect to see about 100 countries get a minimum 10% reciprocal tariff, while he added they are going to be announcing several deals. Analysts at CapEco suggest, “Given the limited progress in concluding trade negotiations since Liberation Day, there is a risk that huge tariffs will be imposed on 9th July after the 90-day pause expires. We suspect that further last-minute concessions will be made to permit extensions for most countries, but a few of the “worst offenders” may be singled out for punitive treatment. Markets seem to be positioned for a fairly benign outcome, implying a risk of some near-term turbulence if that fails to materialise.” BOK ANNOUNCEMENT (THU): Market participants will be eyeing to see if the central bank pauses and keeps the 7-day Repo Rate at the current 2.50% level, or continues to lower rates following a 25bps cut at the last meeting in May. The prior decision to cut rates was made unanimously, and the BoK said it would maintain its rate cut stance to mitigate downside risks to economic growth, as well as adjust the timing and pace of any further base rate cuts, while it is to closely monitor changes in domestic and external policy environments. The central bank also noted that South Korean exports are seen continuing to slowdown and that a high degree of uncertainty in the trade environment is a risk to growth, while Governor Rhee said following the meeting that they saw bigger room for further cuts given the downside risks to growth and that four board members saw room for further cuts for the next three months. The language clearly points to further rate reductions in the near term, although the central bank may prefer to hold off on an immediate cut next week, given the proximity to its last cut and to assess the impact of past action. Furthermore, the ongoing global trade uncertainty and the recent change of leadership with President Lee Jae-myung marking his first 30 days in office this week, could also influence the central bank to pause, given that Lee had pledged a ‘bold’ economic policy. Additionally, key data releases also favour the argument for a pause with firmer than expected CPI Y/Y in June at 2.2% (exp. 2.1%), although the central bank had attributed the June CPI acceleration as mainly due to base effects and noted the CPI gain is to ease if the oil and NORWEGIAN CPI (THU): In May, CPI-ATE printed at 2.8% Y/Y, cooler than the 2.9% the market forecast and continuing the recent moderation in the series. A moderation that was behind the surprise 25bps cut by the Norges Bank in June to 4.25%; explicitly, the MPR stated “the committee gave special attention to the fact that underlying inflation has declined…”. Alongside that, the Norges Bank forecasts lower inflation for the remainder of 2025 than previously expected, resulting in a cut to the forecast within the MPR. Specifically, for June, the Norges Bank now expects CPI-ATE at 3.1% vs the 3.2% they forecast in the Q1 MPR. For inflation itself, they look for 3.1% (prev. forecast 2.9%) from 3.0% in May, an uptick that is due to elevated energy prices in the period. For the Norges Bank, given their guidance for as many as two more 2025 cuts (skewed to just one), the series will come under greater scrutiny in the event of an upward rather than a downward surprise vs consensus. UK GDP (FRI): Expectations are for M/M growth in May to pick up to 0.1% from the 0.3% contraction seen in April. As a reminder, the prior release saw a larger-than-expected contraction in growth on account of payback from the solid showing in Q1, which was boosted by the front-running of exports ahead of US tariffs. Pantheon Macro holds a consensus view and expects growth to be underpinned by “a rebound in legal and real estate activity”, boosting services output. That being said, the consultancy concedes that its projection for 0.2% Q/Q growth looks “increasingly ambitious”, given that GDP would need to rise by 0.3% M/M in June. Holding a more pessimistic view for this month’s report is Investec, which expects growth to contract by 0.2% M/M. The desk notes that retail sales metrics and car production data point to contractions in the services and manufacturing sectors. Looking beyond the upcoming releases, Investec notes that it expects the can to be kicked down the road when it comes to global tariffs, and the current 10% baseline tariff remains in place. Under such a scenario, it expects “economic momentum to pick up in H2, helped by further rate cuts”. However, there are clearly huge risks around this call. From a policy perspective, a soft outturn could heighten expectations for an August cut. However, greater concern by the MPC is currently being placed on the softening labour market and elevated inflation CANADIAN JOBS REPORT (FRI): With the BoC on pause and avoiding forward guidance, the central bank is taking it meeting-bymeeting due to economic uncertainty. The upcoming jobs report will help shape expectations for BoC easing. Money markets are only pricing in one further rate cut by the end of the year. However, a particularly weak report may start to see two rate cuts priced in with more certainty. The BoC highlighted that the labour market has weakened, particularly in trade-intensive sectors, with unemployment rising to 6.9%. It also warns that the economy is expected to be considerably weaker in Q2. BoC Governor Macklem noted that what happens to the labour market next will depend critically on what happens with the Canada-US trade relationship. It will also depend on how much Canada can expand trade within our country and overseas. Macklem also warned that exportoriented businesses quickly cut their hiring plans significantly in response to US tariffs. And with a lag, other businesses have scaled back their hiring intentions. “If these cutbacks materialize, we can expect overall employment to weaken further. We are watching closely for signs that weakness in the job market is broadening.” Copyright © 2025 Newsquawk Voice Limited. All rights reserved. Registered Office One Love Lane, London, EC2V 7JN, United Kingdom · Registered Number 12020774 · Registered in England and Wales. newsquawk.com · +44 20 3582 2778 · info@newsquawk.com Become a Member of Global Traders Association – Click HERE

SUI is moving decisively on the chart, breaking through key levels with rising momentum, signaling a shift in sentiment and renewed bullish interest. With volume picking up and structure turning clean, SUI could be setting the stage for a move if this momentum holds. Immediate Targets In Sight — But Can SUI Push Further? In an X post, crypto expert and moderator, Tinkerbell, shared an update that SUI has broken decisively above the $3.00 mark, surging to $3.08 and notching a 9% gain on Thursday, July 3rd. The price action reflects a breakout on the chart, which shows strong momentum, is backed by rising volume and steady buying pressure, signaling that bulls are firmly in control. If this strength continues, Tinkerbell highlights the $3.25 as the next immediate target, followed by the $3.50 level, both levels could act as stepping stones for further upside. Another analyst, Professor, mentioned that SUI has come alive on the charts, and it’s pumping. With a sharp 11.08% gain in the past 24 hours, the token is currently trading at $3.02, marking one of the strongest day performances across the market. SUI broke through the key resistance level, a zone that had capped upside momentum for weeks. This breakout arrived quietly, with strong bullish momentum, increased volume, and a shift in sentiment that now favors the bulls. Professor also highlighted in another X post that a textbook bullish reversal for the SUI 1-hour chart. After finding strong support around $2.65, the price began forming a series of higher lows, signaling a clear shift in momentum. The structure, paired with rising volume, pointed to growing buyer confidence. This setup led to a breakout, with SUI blasting through short-term resistance at $2.90 and reaching as high as $3.04. This move established a new high, signaling the potential start of a sustained uptrend. Momentum Indicators Point To A Cautious Climb SUI shows a gradual uptrend on the daily chart, currently trading at $3.02. Cleanwater, a crypto analyst, pointed out that after touching lows near $2.50 in late June, the price has steadily climbed, forming a series of higher lows and attempting to establish a recovery pattern. The Relative Strength Index (RSI) sits at 52.94, suggesting neutral momentum, placing SUI in the middle of the momentum range between overbought and oversold. Meanwhile, the MACD shows bullish divergence, indicating possible strength building on the surface that is not yet at the breakout levels. SUI key resistance is around $3.50, which will be a crucial level to clear if bulls want to sustain upward momentum. On the downside, $2,80 is a support zone that needs to hold for this recovery structure to remain intact. Market expert Trade4ddict also noted that SUI has confirmed an ascending triangle breakout on the 4-hour chart, showing a continuation of bullish momentum. After a brief retest, price action has turned green with trend bars painting a promising picture for the days ahead. The analyst stated that the chart looks very bullish, and he has entered a long position targeting the $3.74 level, which aligns with previous highs and offers a clean objective if this bullish wave continues.

When Torngat Metals secured C$165 million ($120m) in government funding last month for pre-construction work at its Strange Lake rare earth project straddling northern Quebec and Labrador, it set the new company on a strong trajectory. Export Development Canada (EDC) is supplying a C$110 million bridge loan while the Canada Infrastructure Bank is offering a C$55 million infrastructure loan, both firsts for the institutions. Production of rare earths, which are essential components of industrial technologies, is dominated by China. There are no rare earth mines in Canada and only one in the United States — MP Materials’ Mountain Pass in California. Strange Lake stands out among North American rare earth projects for its heavy rare earth content, particularly dysprosium and terbium—elements critical to permanent magnets used in electric vehicles, wind turbines and defence technologies. With more than half of Strange Lake’s output to be classed as heavy rare earths, this would make it the largest heavy rare earth producer in North America and one of the largest outside China. An initial study by Quest Rare Minerals pegged indicated resources at Strange Lake’s main B-zone deposit at 278.1 million tonnes at 0.93% total rare earth oxides (TREO); 1.92% zirconium oxide and 0.18% niobium pentoxide. Inferred resources were 214.4 million tonnes of 0.85% TREO, 1.71% zirconium oxide and 0.14% niobium pentoxide. CEO Yves Leduc is new to the mining industry, but is a veteran of the manufacturing industry, and he recognized the need to build separation and refining capabilities – domestic and accessible – as crucial to the project’s success. Paramount to Torngat’s plan is to build a rare earth separation plant at Sept-Îles, Quebec, producing finished oxides domestically rather than exporting concentrates. “I don’t know how the importance of the announcement has sunk in – this is the first time EDC did something like that, issuing financing more than a year before permits,” Leduc told MINING.com in an interview. “We’re right now in development and execution mode. It’s not an exploration company anymore. The deposit is confirmed. I’m from the manufacturing world – and half the project is building the separation plant.” “When you start adding everything up and it’s the deepest, densest deposit of heavy rare earth outside China, it has the potential of being a true mine-to-magnet value chain inside Canada, which is not going to be seen outside China for decades,” Leduc said. “The mandate is a lot more than economic or financial– It’s about creating a new industry in Canada that’s so vital to the energy transition that it will actually create a lever, a strategic lever in the geopolitical arena for Canada and Quebec that is unseen before.” “And so Canada suddenly has a Trump card, no pun intended – that is powerful.” Leduc said the company is prioritizing environmental, social and governance metrics, and community outreach has begun. Torngat is also opening up shareholder opportunities to Indigenous communities. “It has to be so that we do it impeccably right, that we develop the North in ways unseen before, that we respect the environment by investing in protecting the environment in ways nobody has before,” he said. Strange Lake project on US radar Leduc said that while the Canadian government, both provincial and federal, is aware of the importance of the project, awareness about the strategy – to establish domestic supply – has been higher in the US than it was in Canada. China’s dominance of the critical mineral industry is seen as a key point of leverage for Beijing in its trade war with US President Donald Trump. China’s decision in April to suspend exports of a wide range of rare earths and related magnets upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world. “It’s a crisis of national proportions in the US, and I think here it’s an opportunity that’s equally intense,” Leduc said. “In the US., it’s more than known. Torngat is seen as the solution in the heavy rare earth shortage crisis.” A US investor is Cerberus Capital, one of the top private equity firms in the US, which has $80 billion in assets under management, and set up a $2 billion fund called the Supply Chain Fund internally, focused on addressing American vulnerabilities from a supply chain point of view in several different industries. “Under the umbrella of social acceptability, usually we talk about the environment, Indigenous communities. But these days, social acceptability also involves answering ‘why do you have American capital here?’ And my answer is I should be proud of having American capital,” Leduc said. “Without the Americans, no one would have dared finance Torngat two years ago.” “I think there’s going to be a commonality of interest very soon because we all have the same goal here – to make those rare earth oxides available to the market as soon as possible.” Torngat is using the EDC funding to complete its pre-feasibility study, and plans to file its environmental assessment to the federal ministry at the end of the year. The C$2 billion capex project aims to produce roughly 15,000 tonnes per year of rare earth oxides. Torngat aims to begin construction in late 2026 and to start operations by 2028.

XRP is inching toward what could be its most consequential technical inflection in more than a year, according to the June 3 video analysis from the YouTube channel More Crypto Online (MCO). Employing classical Elliott-wave mapping, the analyst argues that XRP has been building a five-wave advance ever since the market reset in July 2023 and is now attempting to ignite the terminal “fifth” wave—a rally that, if it unfolds under euphoric conditions, could extend as far as $9. How The Roadmap Is Built For XRP “We might be in a process of upside reversal… It’s like a now-or-never moment,” the commentator told viewers, stressing that breakouts are usually obvious only after large portions of the move are already spent. In Elliott wave terminology the market is said to be preparing for a smaller-degree third wave inside the larger fifth, “normally the most aggressive one,” he noted, pointing to the explosive impulse that followed a similar set-up last year. On MCO’s primary chart the July 2023 trough serves as the wave-four low of an even larger advance. From there, a series of lower-degree one-two formations appears to have carried XRP into wave three and, more recently, into a sideways, three-legged correction that completed in April. “We have a wave 1, a wave 2, a wave 3, the wave 4, and maybe this is now the fifth wave that’s unfolding,” he explained, adding that wave four’s depth and duration were textbook for a counter-trend pause. To translate wave counts into price objectives the analyst measured waves 1 through 3 and projected the classic 61.8 percent Fibonacci extension from the bottom of wave 4. That calculation yields $6.20 as a “straightforward” fifth-wave target. The same measurement’s 78.6 percent extension sits at roughly $9.00, a level the commentator said “sometimes materialises in a very euphoric fifth wave.” Before any discussion of $5-plus prices becomes actionable, XRP must clear a cluster of near-term hurdles. The analyst identifies the $2.30–$2.40 range as the first structural ceiling; it coincides with a descending trend-line that has capped every rally since March and with the 100-day exponential moving average. The shorter-time-frame wave count shows why this band matters. From the 7 April swing low the market printed a clear five-wave micro-structure, implying that a fresh up-trend may already be underway. Yet, as the analyst cautioned, “We still have to clear all these previous swing highs… We’ve got resistance in this area around $2.30, structurally $2.40.” A decisive break above that shelf would validate a sub-wave (iii) target around $3.30–$3.50, the January swing-high zone the video calls “the next level.” Bearish Scenario For XRP Every Elliott-wave blueprint comes with an invalidation level. In the MCO model the entire fifth-wave scenario survives only if price holds above the April nadir—the start of wave 1 in the current one-two set-up. At the micro level the bulls must also defend what the video labels “the $1.99 support area.” A deeper retracement to $1.60 (the “red dotted line”) could be tolerated inside an extended wave 2, but any sustained trade beneath that mark would probably mean wave 4 is still developing, pushing back the timetable for a breakout. “As long as we’re holding above the April low, this pathway higher remains valid and plausible,” the analyst reiterated. Conversely, a failure there would force a re-evaluation of the entire count. Although the headline $9 print grabs attention, the analyst is clear that such an extension presupposes an extreme sentiment shift. Historically XRP’s rallies have often stalled near the 61.8 percent projection, and the channel’s host reminds viewers that “market sentiment” ultimately decides whether the 78.6 percent extension is reachable. For now the focus is squarely on securing an impulsive close above $2.40 and then on challenging the mid-$3 region. Only once that campaign succeeds will the discussion move seriously toward $5.65, $6.20 and, in a parabolic climax, the high-single-digit zone. At press time, XRP traded at $2.23.

Week in review: Strictly risk-on Markets, Non-Farm Payrolls beat & US Deals This week was heavily focused around the US with Indices hitting almost daily all-time highs in a stringent euphoric mood, with markets turning from War fears back to "TACO" trades, bullish on global economic outlook. One thing to note is that asset managers are increasingly more bullish on stocks and market mood maybe a bit too euphoric, which may pull positioning too far on one side and lead to higher volatility in case of bad news – with some catalysts coming with the July 9th Trump deadline. In terms of data, markets saw ECB inflation rates consolidating around 2% with some policymakers, the latest with Banque de France's Villeroy commenting on the potential deflationary impact of a stronger Euro. More directly market moving however was the streak of positive data releases for the United States, particularly as it comes to employment with NFP at +37K vs expectations and a beat on JOLTS. One thing to be wary about in the solidity of that data point is the major rise in Government Jobs, providing a boost to the data without generating direct contribution to GDP. Only ADP Private Employment missed, and and the miss was not a small one: -33K vs 97K expected. This point of data tends to be less market moving than NFP, however Jerome Powell had previously mentioned private employment as a reason for the last year's one-off 50 Bps cut from the FED. Read More: Solana technical analysis as ETF launch opens doors for traditional investors 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.

Bitcoin has been gaining strength over the past several days, with price action relaying the buying interest from institutional players. A surge of inflows into spot Bitcoin ETFs helped push the price to $109,758, followed shortly after by another move to around $110,386 in the past 24 hours. This brings Bitcoin within close proximity to its price peak just above $111,000. Now that momentum is clearly leaning bullish, technical analysis shows a breakout that could see Bitcoin increase by another 52% within the next three months. Fibonacci Extension Model Points To $166,000 Price Target CryptoCon shared a chart based on Fibonacci extensions that places the next major upside target at $166,754. This level corresponds to the 5.618 Fibonacci ratio and marks a projected 52% increase from the current region around $109,000. The analyst highlighted how previous Fibonacci extension levels like $30,362, $46,831, $71,591, and $109,236, have all aligned with important points for Bitcoin’s price action throughout the ongoing cycle. According to CryptoCon, this model has consistently tracked Bitcoin’s moves over the past two years. As shown in the price chart below, the 1.618, 2.618, 3.618, and 4.618 Fibonacci extension levels have all been reached this cycle, with the latest being $109,236 at the 4.618 Fib level. Keeping this in mind, the next Fibonacci extension level is at 5.618, which corresponds to $166,754. The $166,000 mark has remained unchanged as the cycle’s next projection. But although the timing has proven difficult to nail down, the structure of the chart is still intact and continues to validate the target. Bitcoin’s price action is currently sitting just above the 4.618 extension level, and a 52% rally from here would complete the pattern. Revised Timeline Pushes Target To September Although the projection for $166,000 is still consistent, the timeline to reach it has undergone several adjustments. CryptoCon estimates that Bitcoin could reach the $166,000 level by September; however, he also acknowledged that the forecast has shifted several times. He explained that the current cycle has taken longer than any previous one, which has caused earlier predictions to be delayed. To put this in perspective, Bitcoin’s current cycle began in late 2022 after it reached a bottom around $15,000 during the bear market. This means the current bull phase has dragged on for almost three years. Still, data has shown over and over that the cycle is not finished, and so the only thing left to do is to wait. At the time of writing, Bitcoin is trading at $109,110. If the $160,000 price target is eventually reached in September, the next outlook would be a possible move to the 6.618 Fib extension, which is sitting at a price target of $254,162.

The current session is marked by low volumes but still sees pockets of volatility, with broad profit-taking kicking in after two consecutive risk-on weeks. Global equities are in the red, and cryptocurrencies are also under pressure. Despite the growing institutional interest, crypto markets remain somewhat rangebound. Bitcoin has been trading between $100,000 and $110,000 for over a month, while Ethereum continues to consolidate between $2,300 and $2,700. Investor access to cryptocurrencies is gradually becoming more streamlined, especially with the increasing adoption of financial instruments like ETFs. Nearly a year after the SEC opened the door to crypto ETFs, REX-Osprey has launched a Solana investing and staking ETF under the ticker SSK on the CBOE exchange. While today’s pullback is part of broader market softness, let’s take a closer look at Solana’s technical picture to assess ongoing trends and potential levels of interest. Read More: US Oil retreats today but bullish technicals suggest upside ahead close SOL/ETH Price Ratio, July 5, 2025 – Source: TradingView SOL/ETH Price Ratio, July 5, 2025 – Source: TradingView One of the themes of past year crypto investing was the rewiring of flows into Solana (and even more dominantly Bitcoin) – with major outflows from the ETH as the Solana protocol offers pretty similar technology but somewhat cheaper and more efficient for blockchain development. This led to a massive adoption of SOL, pushing the crypto to its $295 Al-time Highs particularly towards the end of 2024. Since, Ethereum has found some strength. The upcoming challenge for markets will be to see if altcoins get more attraction as Bitcoin levels stay elevated, and if the new Solana ETF captures a bigger market share. Key levels to hold for the SOL/ETH Price Ratio is 0.057 (5.70%) – current levels and 0.03725 (3.725%) on the downside. Further upside above 7% and 9% (current highs 0.093) for Solana performance above Ethereum. 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.

SUI has recently exhibited a classic reversal pattern, forming a well-defined triple-top formation on its price chart. This technical setup often signals a potential shift from bullish to bearish momentum, as repeated attempts to break a resistance level falter. Traders and investors are now closely watching to see if this pattern will trigger a downward correction or if the bulls can regain control. SUI Weakens After Forming Triple Top Near $3.085 Crypto Sat recently stated in a post on X that SUI has just printed a classic Triple Top pattern on the 15-minute chart — and the outlook is not looking bullish at the moment. According to Crypto Sat, the three peaks labeled Top 1, Top 2, and Top 3 are formed near the $3.085 zone, with each successive peak showing less momentum. Now, the price is breaking down below the $2.995 level, which had been acting as the neckline support for this pattern. This breakdown below the neckline support signals that the bullish effort is weakening and opens the door for potential further downside movement. Traders should watch this key level closely as it may set the tone for the next price action. Key Takeaways from Crypto Sat’s Analysis According to Crypto Sat, several key technical signals have emerged on SUI’s chart, reinforcing the bearish implications of the recently formed Triple Top pattern. Pattern Identification: Crypto Sat considers the pattern as a classic indicator of trend exhaustion, where repeated failed attempts to push higher signals weaken bullish pressure. Support Breakdown: The drop beneath the $2.995 neckline, which Crypto Sat identifies as a key support, marks a bearish turning point. Next Support Targets: Crypto Sat points to the next important support levels between $2.92 and $2.87, which could act as potential zones for price stabilization or further selling if breached. Volume Confirmation: The breakdown below support occurred alongside an uptick in volume, reinforcing Crypto Sat’s view that downside momentum is gaining strength and the bears have the upper hand for now. In line with Crypto Sat’s analysis, this technical pattern and volume-backed breakdown highlight increased downside risk ahead unless a strong bullish reversal emerges. The analyst further cautioned that if buyers fail to step in promptly, the price may soon retest the $2.85 to $2.87 support zone in the short term. While it is still early in the move, the breakdown structure is clearly in place. Traders should monitor the situation closely for signs of a potential bounce or continued selling pressure.

Ethereum is trading above the $2,500 mark but continues to struggle with strong resistance near $2,600, a key level that has capped further upside in recent sessions. After gaining over 23% since June 22, ETH has shown signs of strength, reclaiming crucial levels and riding the wave of market-wide optimism. However, as the broader crypto market stalls, Ethereum’s momentum appears to be slowing down. The bullish impulse that drove ETH higher in late June is now meeting headwinds. Despite holding above important moving averages and maintaining a short-term uptrend, Ethereum has failed to break decisively above the $2,600 barrier. Analysts warn that a failure to reclaim this level with strong volume could lead to a short-term correction. Top analyst Carl Runefelt shared insights indicating a potential bearish setup on the 4-hour chart. According to Runefelt, Ethereum is forming a pattern that could lead to a pullback toward lower demand zones if momentum continues to fade. The coming days will be critical, as bulls attempt to maintain control while bears eye an opportunity to reclaim short-term dominance. Ethereum Faces A Critical Level Ethereum is approaching a crucial juncture following a week marked by volatility and renewed bullish momentum. After reclaiming the $2,500 level and rising over 23% since June 22, ETH has regained the attention of investors. However, the rally now faces a critical test: breaking above the $2,700 resistance level. A successful move above this threshold could ignite a broader altcoin rally, as Ethereum often acts as the leader for the altcoin market. Market sentiment remains cautiously optimistic, with bulls appearing to control short-term price action. Ethereum is trading above key moving averages and remains structurally bullish on higher timeframes. Yet, price has stalled just below the $2,600–$2,700 zone—a key supply area that must be flipped into support to confirm the next upward leg. A clean breakout could propel ETH into a new price range, allowing other altcoins to follow and break above their own resistance levels. Carl Runefelt cautions that Ethereum is currently forming a rising wedge pattern on the 4-hour chart—a potentially bearish setup. If the pattern plays out, ETH could fail to break higher and instead fall back toward lower support zones. Runefelt points to the $2,200 level as a key horizontal support that could be tested if momentum weakens and sellers regain short-term control. For now, Ethereum’s price action remains in a tight range. A decisive breakout or breakdown will likely define the direction of the altcoin market in the weeks ahead. Traders and investors alike are closely watching ETH’s next move, as it could set the tone for the remainder of the summer crypto cycle. ETH Price Analysis: Key Resistance At $2,600 Ethereum’s price action continues to reflect a tug-of-war between bulls and bears as it hovers around the $2,550 level, just under the critical resistance at $2,600. After reclaiming that level briefly, ETH failed to hold its gains and pulled back slightly, suggesting sellers remain active at this zone. The chart shows Ethereum forming a lower high in the near term, raising short-term caution among traders. The 50-day and 100-day simple moving averages are now converging around $2,500–$2,530, acting as immediate support. As long as ETH holds above these levels, the medium-term outlook remains constructive. However, any sustained drop below these moving averages could invite additional downside pressure, possibly dragging the price back toward the $2,400 range or even testing the 200-day SMA near $2,180. Volume has remained moderate, showing that neither side has taken full control. Until ETH decisively breaks above $2,600 and flips it into support, the uptrend remains unconfirmed. The next key resistance sits at $2,700. Conversely, a rejection from current levels could indicate the formation of a range-bound structure or a rising wedge breakdown, as some analysts like Carl Runefelt suggest. Featured image from Dall-E, chart from TradingView

Crypto analyst CasiTrades has predicted that the XRP price could record a 30% rally to $2.8. She further revealed what the altcoin needs to do first to gain momentum to reach this level, which could pave the way to new highs. XRP Price Eyes Rally To $2.8 With This Classic Confirmation In an X post, CasiTrades shared an accompanying chart that showed that the XRP price could soon rally to as high as $2.8. The analyst indicated that the $2.25 support zone will decide the altcoin’s next move. She said that she is looking for that classic confirmation, whereby XRP breaks $2.25 and then comes back to test it as support. CasiTrades remarked that the flip of $2.25 as support could be fast, signaling that the market is ready for continuation. She predicts that the flip of $2.25 could open the door to $2.69. The analyst added that it is possible that the XRP price trends closer towards $2.69. This could be near $2.45, with a final exhausted high at the resistance fib. Based on her accompanying chart, a rally to $2.8 could also be in play. Commenting on the current XRP price action, the analyst stated that the XRP price continues to respect the 0.382 retracement, which she claimed is the exact apex of the consolidation. She further remarked that every reaction at this current level reinforces how significant the range is. CasiTrades added that the test and bounce off the top of the upper trendline indicates that the market is gearing up for another run at the $2.25 resistance. She also said that the Relative Strength Index (RSI) will be crucial at each of these resistance prices to monitor exhaustion or strength. However, the analyst is confident that the bullish structure is still valid for the XRP price. The altcoin simply needs to hold the 0.382 retracement level, flip $2.25, and then it can rally to the upside. Short-Term Targets For The Altcoin In an X post, crypto analyst Egrag Crypto outlined the short-term targets for the XRP price. He stated that a close above $2.35 would be bullish for the altcoin. Meanwhile, a close above $2.42 would be super bullish for XRP. A close above these targets would also be significant as it would mean that the altcoin has flipped the $2.25 resistance, which CasiTrades highlighted. In the long term, the crypto analyst is confident that the XRP price can reach double digits. He recently predicted that the altcoin could reach between $9.5 and $37.5 in this market cycle. He alluded to historical cycles as the reason XRP could reach these targets. At the time of writing, the XRP price is trading at around $2.24, down in the last 24 hours, according to data from CoinMarketCap.

Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) says it’s in talks with the Environmental Protection Agency regarding a potential settlement of ongoing litigation concerning the company’s flagship Pebble project in Alaska. Its shares soared on the update. In March, the Canadian mine developer filed two separate actions in the federal courts to challenge the EPA’s role in blocking the proposed Pebble mine, which, once built, would be the largest copper, gold and molybdenum extraction site in North America. In January 2023, the EPA dealt a fatal blow to the project by prohibiting Northern Dynasty’s Alaskan subsidiary from storing mine waste in the Bristol Bay watershed, where some of the world’s largest sockeye salmon fisheries reside. The agency argued that the mine waste could permanently destroy more than 2,000 acres of wetlands protected by the Clean Water Act. Northern Dynasty, meanwhile, had claimed that the EPA veto contradicts the environmental impact statement published by the United States Army Corps of Engineers (USACE) in July 2020. In a press release issued Friday, Northern Dynasty’s president and CEO Ron Thiessen said the discussion with the EPA presents “the fastest path forward” to withdraw the Pebble project veto, adding that the agency has “asked for additional information to assist in finalizing that decision.” The latest news sent Northern Dynasty Minerals’ shares soaring. The stock rose nearly 25% in Friday’s morning session to C$2.42 apiece, its highest over a tumultuous five-year period for its project. The company’s market capitalization is roughly C$1.25 billion ($920 million). EPA ‘reconsidering’ Thiessen went on to say that a decision to withdraw the EPA veto would help the US to secure a domestic supply of metals like copper, which is in high demand globally for its use in electrification, and rhenium, a key component in military applications. The project also holds substantial amounts of gold, molybdenum and silver. According to a 2023 economic study, the Pebble mine would produce 6.4 billion lb. of copper, 7.4 million oz. of gold, 300 million lb. of molybdenum, 37 million oz. of silver and 200,000 kg of rhenium over 20 years, according to the study. The EPA, in a July 3 filing, confirmed that it is “open to reconsideration” and welcomes further submissions by Northern Dynasty that may be used to reverse its decision. The parties “currently expect to reach agreement within the next two weeks about what that submission would entail,” the EPA stated. In a recent interview with The Northern Miner, Thiessen said that “there’s a good chance that the veto can get removed in the near term, maybe sometime this summer.” The veto’s removal would set the stage for the US Army Corps of Engineers, which has its own approvals process, to revisit its refusal. The corps had said the EPA veto blocked its path.

Bitcoin may be breaking out—but don’t celebrate yet. Crypto analyst Cristian Chifoi warns that the current move is a deceptive setup likely to trap bullish traders before Bitcoin eventually surges toward $160,000. In his latest YouTube video titled “Bitcoin is breaking out! But why is it bad?”, Chifoi dismantles the optimism surrounding Bitcoin’s recent price action, arguing that this rally is not the start of a true bull run, but a temporary fakeout designed to mislead. Don’t Trust The Bitcoin Pump “From a technical standpoint, this could mean a real breakout, retest, and then continuation,” Chifoi admits. “But in my opinion, this is a false breakout which can get to a new shallow all-time high, maybe $113,000, maybe $120,000 until something like July 10 to 12—then we come back in this channel before July 20.” His thesis hinges on Bitcoin seasonality, a pattern he has explored in earlier videos, which suggests the real macro pivot will only arrive later in the month. “I’m more bullish from July 20 into the start of September,” he says. Chifoi argues that retail traders are likely to pile in during the breakout retest phase, only to be shaken out as market makers use the liquidity to reverse the trend. “The majority of retail traders would go long here on a retest. The market makers will get their money,” he warns, predicting a trap that could drag Bitcoin down to levels near $97,000 before the real uptrend resumes. His analysis extends beyond simple technicals. Chifoi points to macroeconomic sentiment and Fed policy as crucial context, particularly emphasizing that rate cuts would actually be a bearish signal—not bullish as commonly believed. “Rate cuts this year would not be bullish at all,” he insists. “It’s not Powell who decides, it’s the bond market who decides when the rate cuts should come… and when that is happening, it’s because they need to panic cut.” Chifoi stresses that the best-case scenario for bulls is actually no rate cuts, at least for now. “Just keep the rates at 4.5% maybe until year end. If this happens, I’m 100% sure that the market will go higher and higher before this starts to happen.” Beyond Bitcoin, Chifoi forecasts a synchronized move across the broader crypto market once the July 20 pivot takes place. He highlights Ethereum, XRP, DeFi tokens like CRV, and ISO-compliant coins such as IOTA, ADA, and Quant as potential beneficiaries. “Bitcoin would drag all the crypto space with it,” he says, adding that older players like Filecoin and Polkadot could also catch a bid. Mid-Term Price Target Looking further ahead, Chifoi describes the coming period as a “stablecoin super cycle,” with DeFi projects and yield-generating protocols positioned to gain the most from Wall Street’s hunger for yield. “In crypto, only DeFi projects get you yields,” he explains. “Wall Street is boiling up for yields.” He also reaffirms his macro thesis that the current financial system is on track to be replaced, likening the transition to the 1930s move from gold to fiat. “After 100 years of this exact system, this should be replaced by another system with liquidity in it,” he says, envisioning a cryptographic banking future. Despite the short-term turbulence he expects, Chifoi remains long-term bullish. His price target of $160,000 for Bitcoin by early September reflects a belief in accelerated expansion—fueled by seasonality, delayed policy pivots, and broader adoption. In closing, Chifoi reminds his audience to zoom out and trust the high time frame signals. Referencing Bollinger Bands on the two-month chart, he notes the beginning of another expansion phase similar to late 2020. “After that, the bear market begins,” he cautions. But until then, the ride could be fast—and extremely volatile. “The next time we cut [rates], it is a big deal and something is wrong,” he concludes. “For now, we just want the cuts going higher for longer.” At press time, BTC traded at $108,848.

Legislation moving through the United States Congress could eliminate a key tax credit aimed at supporting domestic production of critical minerals, raising concern among mining companies and investors about the future of American supply chain independence and the financing of new projects. The so-called One Big Beautiful Bill, introduced earlier this year and passed by the House of Representatives in May, proposes phasing out the Section 45X advanced manufacturing production credit, which was introduced under the 2022 Inflation Reduction Act. The credit provides a 10% tax incentive for the domestic extraction, processing and recycling of key battery and industrial minerals — including lithium, nickel, cobalt and rare earths. Under the current bill, the credit would gradually be reduced starting in 2031 and be fully eliminated by 2034. Other provisions of the program, including tax credits for wind energy and solar components, are scheduled to expire earlier. On Tuesday, the Senate passed an amended version of the legislation by a 51–50 vote, with Vice-President J.D. Vance casting the tie-breaking vote. The bill now enters reconciliation between the House and Senate, with final wording expected later this summer. Letter to Senate Some 30 industry executives have warned in a letter to the Senate that removing the Section 45X credit could undermine efforts to finance and develop domestic mineral production, especially in the face of global competition from state-subsidized suppliers in China and elsewhere. The May letter was authored by KaLeigh Long, founder and CEO of Westwin Elements, which is building the country’s first major nickel refinery. It was signed by companies such as global metals trader Traxys Group and processing startups Magrathea and Momentum Technologies. “Nickel isn’t niche. It’s national security,” Westwin wrote in a LinkedIn post. “Let’s fix it. Let’s restore 45X.” Several projects in the US had relied on the incentive as part of their long-term financial modelling, particularly in emerging markets such as magnesium and battery-grade lithium. The proposed repeal also comes amid broader US efforts to secure critical mineral supply chains and reduce dependence on foreign-controlled refining capacity. Critics have said the budget proposal sends mixed signals about Washington’s commitment to reshoring strategic mineral production, despite earlier permitting reforms and subsidy announcements intended to encourage domestic investment. Industry support The National Mining Association (NMA) applauded the Senate’s July 1 passage of its version of the “One Big Beautiful Bill” and urging House action to send the bill to President Trump’s desk. “We urge the House to quickly pass this bill,” NMA president and CEO Rich Nolan said in a statement. It “increases the competitiveness of the American mining industry and provides vital incentives, including funding to counter China’s mineral dominance.” In December 2023, the NMA had criticized the then proposed 45X tax credit for excluding raw materials from the list of eligible production costs. The Biden administration then reversed course with rules passed in October 2024 that allowed direct and indirect material costs, including domestic extraction costs. Canada impact The repeal of the US credit could create a limited opening for Canadian companies to increase exports to US customers – particularly in lithium, nickel and rare earth elements. However, under current rules, many US incentives – including portions of the Section 45X program and electric vehicle tax credits – apply only to minerals that are extracted or processed in the US or in countries with a free trade agreement. While Canada qualifies under the latter category, some Canadian firms may still face barriers if their operations do not meet the specific content or processing requirements under US law. Analysts have noted that any relative advantage for Canadian miners would likely depend on their ability to scale up processing infrastructure or integrate into US-based value chains, particularly in refining and downstream component manufacturing. The repeal of the credit also adds new uncertainty to cross-border mineral cooperation efforts, which had gained momentum in recent years under bilateral critical mineral strategies. The “One Big Beautiful Bill” will require further debate and a final vote before being sent to the White House. A timeline for implementation of the credit phase-out would depend on the final language of the reconciled bill.

Bolivia’s energy minister was drenched with water and pelted with garbage on Thursday as chaos erupted in congress during a heated debate over lithium contracts with Chinese and Russian firms, worth a potential $2 billion in investments. The deals, signed in 2023 and 2024, are with China’s CBC consortium, which includes battery giant CATL—and Russia’s Uranium One Group, a subsidiary of state nuclear company Rosatom. These contracts aim to establish direct lithium extraction (DLE) facilities in the Salar de Uyuni, part of the vast Lithium Triangle shared with Chile and Argentina. Parliamentary debate was suspended in February after mounting public outcry, followed by a court in the Potosí region, home to the country’s largest lithium reserves, ordering a halt to both agreements. Recently, the lower Chambre of Congress had resumed discussions amid deepening political divisions. Opposition lawmakers and allies of former president Evo Morales disrupted the session on Thursday, accusing the government of cutting an unfair deal and demanding greater guarantees that Bolivia will benefit before any lithium leaves the ground. “They are trying to swindle us,” said opposition legislator Daniel Rojas, speaking to mining outlet Rumbo Minero. Footage of the incident showed lawmakers clashing on the floor, with one deputy shielding himself with an umbrella. Congresswoman María Salazar was seen struggling with another parliamentarian. Outside the chamber, civic leaders from mineral-rich Potosí joined protests. Tensions escalated further when Socialist senator Hilarión Mamani declared that the contracts would be “thrown away” if they reached the Senate. Under Bolivian law, foreign companies must consult with local communities and complete environmental impact assessments before major industrial projects can proceed. Final approval rests with the legislature. Lithium dreams Government officials, speaking at recent public consultation meetings, have claimed Potosí alone could earn $800–$900 million in royalties over 30 years, or about $30–$35 million annually. They also insist the contracts are flexible. Despite holding an estimated 23 million tonnes of lithium, the largest reserves in the world, Bolivia has long struggled to launch a viable lithium industry. Political turmoil, a state-dominated extraction model and high magnesium levels in its brines have hampered production. Bolivia aims to develop plants in seven of its 28 salt flats. (Image courtesy of YLB.) While neighbouring Chile and Argentina are major global suppliers, Bolivia’s lithium remains mostly untapped. The state-run company YLB opened its first industrial-scale lithium plant in late 2023, but it operated at just 17% capacity last year and is projected to reach only 23% in 2025. The government argues that foreign partnerships are essential to jump-start the sector and promises Bolivia will retain 51% of profits.

Chainlink (LINK) has been locked in a consolidation phase since early March, following a prolonged period of bearish price action that began to lose momentum. Since then, the token has ranged sideways with notable volatility, reflecting broader uncertainty across the altcoin market. However, as Bitcoin pushes toward its all-time high and market sentiment turns increasingly bullish, analysts believe a decisive move from LINK may be imminent. Top analyst Ali Martinez shared insights pointing to a key support level that could determine Chainlink’s short-term trajectory. According to Martinez, LINK holding above the $12 mark is crucial and could serve as the launchpad for a breakout toward the $18–$20 range. This level has acted as a major pivot in the past, and reclaiming it with strength would likely attract fresh buying pressure. With Bitcoin dominance remaining high and capital rotating selectively into altcoins, Chainlink’s upcoming moves could signal a higher altcoin market direction. Investors and traders are closely watching this consolidation, waiting for a breakout that could kickstart the next leg higher for LINK and potentially confirm the beginning of a stronger altcoin cycle. The coming days could be critical in determining whether Chainlink is ready to rejoin the uptrend. Chainlink Builds Momentum Chainlink has seen a strong resurgence over the past two weeks, gaining more than 22% in value since June 22. After months of consolidation and sideways action, the recent price movement suggests that bullish momentum is returning to the altcoin. The broader market environment is improving, with Bitcoin nearing its all-time high and risk appetite gradually increasing across crypto assets. For Chainlink, this has translated into renewed optimism and a growing expectation of a breakout. Fundamentally, Chainlink remains one of the most important infrastructure projects in the crypto space. Its partnerships with high-profile projects such as Ripple and Ondo Finance highlight its crucial role in powering real-world asset tokenization and secure on-chain data feeds. These integrations support long-term utility and demand, reinforcing investor confidence in the project’s future. Ali Martinez emphasized that holding above the $12 level is key for Chainlink. According to his analysis, sustained price action above this zone could pave the way for a breakout toward the $18–$20 range. Historically, LINK has shown strong impulsive moves after breaking major consolidation zones, and the current structure appears similar. LINK Consolidates Below Resistance Chainlink is currently trading at $13.32 after facing a minor rejection from the $14 zone. The chart shows that LINK remains in a consolidation range that began in early March, with price action confined between the $12.20 and $14.50 levels. The token has made multiple attempts to reclaim the 50-day and 100-day moving averages, both of which now sit just above the current price action. These moving averages, along with horizontal resistance around $14, are acting as a strong ceiling for now. Despite the recent pullback, LINK remains structurally bullish on the mid-term as it prints higher lows since the June bottom near $11. Analysts remain optimistic that a decisive close above $14–$14.50 would invalidate this range and pave the way for a push toward the $16–$18 zone. The 200-day moving average near $16.77 remains a key target in the event of a breakout. However, failure to reclaim $14 could lead to another test of support around $12. Overall, the setup remains constructive but will require renewed bullish momentum—possibly led by Bitcoin strength or positive ecosystem news—for a breakout confirmation. Until then, LINK continues to oscillate in a tight range, with bulls watching closely. Featured image from Dall-E, chart from TradingView

The NA session kicks off quietly, with subdued volumes as American traders take the day off, giving markets a breather after yesterday’s upside surprise in the Non-Farm Payrolls and fresh diplomatic updates from the US – More is to come next week as we approach Trump's infamous July 9th deadline With little on the immediate calendar, Oil Traders' attention is turning to tomorrow’s OPEC+ meeting — delayed by a day due to the Ashura holiday. The timing shift may be behind some of today’s selling tone, as market participants hold off ahead of any supply-side headlines. From a price action perspective, crude has been consolidating in a narrow $2 range, showing signs it may be gearing up for a bullish breakout. While today's pullback remains orderly, the broader structure still favors the upside, especially if upcoming catalysts align with the underlying momentum. Read More: S&P 500, Dow Jones Q3 Outlook: Tariffs, Tech, and Small Cap Concerns close US Oil 4H Chart, July 4, 2025 – Source: TradingView US Oil 4H Chart, July 4, 2025 – Source: TradingView The past two weeks of $65 to $67 consolidation led to a breakout on Wednesday 2nd of July – getting to highs of 68.34 after the US-Vietnam trade deal (notably allowing China to manoeuvre more trade) and Iran's announcement of non-cooperaton with UN Nuclear's supervision – Today's price action looks like a healthy pullback from Wednesday's small breakout. Momentum is still very calm, confirmed with the RSI on both the 4H and Daily timeframes hanging around neutral. One additional element to look is the mix of both the 4H 50 and 200 MAs in confluence with the Upward Trendline from 2025 lows that could be used by buyers to lift prices. Any failure to do so will give the hand back to sellers. Levels to check: Support Zones 66.50 4H MA 50, 200 and trendline$65 Support Zone$63 support at descending channelResistance Zones $70 Pivot ZoneIntermediate Resistance $72 to $73Main Resistance $75 to $76 Safe trades and Happy 4th of July for American readers! 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 cryptocurrency landscape is always evolving, with new projects popping up to capture the attention of investors, whether they are utility or meme-based. Among the latest entrants, Snaky Way ($AKE) is quickly making headlines with its explosive presale, standing out as not just another meme coin. The token backs a meticulously designed ecosystem aiming to bridge the gap between Web2 and Web3. To do this, the project employs an innovative approach, combining AI, engaging blockchain gaming, and strategic partnerships with mainstream influencers. Today, the ICO has soared past the $160K fundraising mark. A New Approach to Web3 Adoption While many new meme coins primarily target the existing crypto audience, $AKE is targeting newcomers. It has a mission: to onboard mainstream users into the world of Web3. The project is doing its best to ensure its token is accessible, and uses familiar engagement models to promote a sense of comfort. At its heart is a charming green snake mascot that fronts the project, combining entertainment with practical utility. Snaky Way dismantles the traditional barriers to crypto adoption – complex interfaces, gatekeeping communities, and technical jargon. Instead of focusing on existing crypto circles for outreach, the team aims to collaborate with popular, mainstream influencers across social media platforms like Instagram, TikTok, and YouTube. The strategic partnerships are designed to bring new audiences to crypto through intuitive gaming experiences and tournaments. Furthermore, its multi-chain infrastructure, being across all Ethereum Virtual Machine (EVM) networks, and with plans to integrate with Solana, significantly lowers the technical hurdles sometimes faced by newcomers. The token will be compatible with a broad range of beginner-friendly crypto wallets, allowing anyone to interface with simplicity while learning about blockchain technology. Unpacking the Technological Edge Snaky Way ($AKE) uses an AI-Powered Market Maker System. This system will use AI algorithms to execute strategic buybacks, actively working to maintain the token’s price stability even during market volatility. By analyzing real-time trading patterns, volume data, and sentiment indicators, the AI picks the best time to buy, preventing sudden price crashes and supporting gradual value appreciation over time, thus providing a layer of confidence for investors. Beyond its AI, Snaky Way is growing a vibrant gaming platform complete with a tournament structure. Let’s face it, we all love good competition. The project developers are working on a dedicated game featuring the project’s snake mascot; it will be incorporating Play-to-Earn (P2E) mechanics that reward players with $AKE tokens. The regular tournament will offer substantial prizes and feature appearances from celebrities and crypto personalities. Top players will also see their names showcased on a leaderboard. The higher you score, the better the reward. Aiming for viral content opportunities, Snaky Way wants to foster genuine community engagement via competition and expand its reach beyond the normal crypto circles. How to Join the Trending Presale The Snaky Way ($AKE) presale is well underway, having already secured over $160K from early investors. Note the presale is set up over a tiered pricing system, meaning the earlier you get in, the more you potentially see in return over time. Right now, you can buy $AKE for $0.0000932 and stake your tokens for an APR of 15,840%. The early-stage pricing presents an attractive opportunity for initial investors, offering potential substantial returns before the token gets listed on CEXs and DEXs. As a presale member, you also get immediate access to the high-yield staking platform, allowing you to accumulate rewards before the official launch. This staking amplifies the potential return over time and adds value beyond what you’ve already bought during the presale. To join in, you can connect any Ethereum-compatible wallet, like Best Wallet, to the presale widget. You can then pay using either $ETH, $USDT, or fiat, and secure your tokens in just a couple of minutes. You’ll get to claim your crypto once the presale ends. Remember, this is not financial advice, and you should always do your own research before making any investments.

Researchers at the University of Strathclyde in Glasgow and Laurentian University in Sudbury, Ontario, have launched a project to treat contaminated mine water in Canada. They plan to develop a low-cost system combining microalgae and calcium silicate to remove and recover cobalt, nickel and copper for reuse. Low-cost biotechnical cleanup The process uses microalgae to capture dissolved metals over extended periods, while calcium silicate chemically sequesters heavy elements. This integrated approach promises a scalable solution for mine water remediation in regions affected by legacy and active mining operations. Researchers at Strathclyde’s Civil and Environmental Engineering department will work closely with colleagues at Laurentian University to refine the system under field conditions. Transatlantic research partnership The initiative is funded through a share of a £1 million grant from UK Research and Innovation’s Natural Environment Research Council, allocated via its International Science Partnerships Fund. Canadian partners have also secured roughly C$250,000 from the Natural Sciences and Engineering Research Council of Canada, forming part of a broader C$4 million investment.

Japan will begin test mining rare earth rich mud from the deep seabed near Minamitori Island in 2026, aiming to secure a domestic supply of critical minerals amid tightening global exports. The government-backed project, led by Shoichi Ishii of the Cabinet Office’s ocean innovation platform and using pipes deployed by a Japan Agency for Marine-Earth Science and Technology (JAMSTEC) vessel, marks the world’s first attempt to extract and refine rare earths from abyssal mud. The project will collect mud at depths of 5,000–6,000 m near Minamitori Island, with trial operations set to begin in January 2026, as reported by Reuters. If fully successful, the system could process up to 350 tonnes of mud per day by January 2027, enabling separation of elements such as dysprosium, neodymium, gadolinium and terbium for use in EV motors and high-tech devices. In 2024, researchers from the University of Tokyo and the Nippon Foundation had already identified over 200 million tonnes of manganese nodules rich in battery metals in the Pacific Ocean, highlighting vast resource potential at depths around 5,500 meters. A separate survey by the University of Tokyo and the Nippon Foundation estimated the seabed nodules contain approximately 610,000 tonnes of cobalt—enough for 75 years of Japan’s consumption—and 740,000 tonnes of nickel, covering 11 years of domestic demand. Complex operation Analysts caution that deep sea mining at such extreme depths poses technical and environmental challenges, with BMO Capital Markets’ Colin Hamilton noting the complexity and urging further impact studies before buyers commit to seafloor-sourced materials. Several major banks, including Credit Suisse, Lloyds and NatWest, have already introduced policies restricting financing for deep sea exploration until comprehensive environmental assessments are completed. Meanwhile, the International Seabed Authority (ISA) is finalizing regulations by 2025, potentially paving the way for regulated commercial operations in international waters. Since 2014, the ISA has been under increasing pressure to develop a mining code. The organization will continue its general meetings at the end of this month, with the full Assembly in Kingston, Jamaica, scheduled from 21 to 25 July.

Markets remain very much in limbo when it comes to US tariffs and trade negotiations. However, looking at risk assets and US equities in particular, one would none the wiser as to the bevy of risks that lie ahead. Let us take a look at what we can expect from Q3. S&P 500 Prints Fresh All-Time Highs, Can the Rally Continue? The S&P 500 finished Q2 with a flourish as optimism has continued to grow that trade deals will be reached between the US and a host of trading partners. The S&P rallied to print fresh all-time highs in the last week of June with US Treasury Secretary Scott Bessent recently remarking that about 100 countries will get a minimum 10% reciprocal tariff. close Source: TradingView Source: TradingView Final Thoughts The outlook for equities remains filled with optimism, at least that is what is being reflected in the price and recovery we have seen in Q2. Moving forward further gains remain possible especially if geopolitical risk subsides and the tariff saga finally reaches a conclusion. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

According to on‑chain tracker Whale Alert, an unknown wallet just received 1,000,000 SOL in a single move worth over $152 million. It all happened in a flash. The report set off alarms across the Solana network and sent traders scrambling. Activity shot up almost immediately as everyone tried to figure out who was behind the transfer and why it mattered. Massive Transfer Caught On Chain Based on reports, the one‑million‑SOL transfer lifted 24‑hour trading volume to $4.11 billion, a nearly 28% rise. Large moves of this size—more than $152 million at current prices—often reshape order‑book depth and liquidity as traders adjust their positions in response. Price Rally Tops $150 Barrier Traders watched SOL climb from about $146 to $151, up 6.10% in the last week. Some snapped up coins at $150, betting that the whale’s shift in assets hinted at a larger play. Others took profits as the price crossed that round number, locking in gains. Either way, breaking above $150 marked a clear sign that short‑term momentum was back. It even pulled in fresh players looking for quick wins. US‑Listed Solana ETF Gains Traction On the same day, a new staking‑enabled Solana ETF went live on Cboe BZX. It started with $33 million in trades on its very first session. That outpaced many earlier crypto futures products, pushing more faith into SOL as an investment option. Based on reports, traditional investors who were on the fence now had a regulated path to add Solana to their portfolios without jumping through extra hoops. This double whammy—whale wallet shuffle and a fresh ETF—did more than bake a rally; it gave the market two clear signals. First, smart money still moves big chunks behind the scenes. Second, regulated products keep gaining ground in the crypto space. It’s too early to say which event will have the longer‑lasting impact. But for now, SOL traders have some solid numbers to chew on. With on‑chain indicators flashing and institutional tools coming online, Solana’s path could get a lot more interesting in the weeks ahead. Featured image from Meta AI, chart from TradingView

Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple’s RLUSD stablecoin. On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release, “Custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.” Commenting on the development, Myles Harrison, Chief Product Officer of AMINA Bank said, “We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market.” Notably, the company behind XRP has applied for a national banking charter in the US, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes. It’s a strategic attempt to give RLUSD a stronger foundation. It could also open the door to a deeper role in the financial system. If approved, the Ripple banking license would allow the company to hold RLUSD reserves directly with the Federal Reserve. Ripple’s CEO, Brad Garlinghouse, confirmed the application publicly, pointing out that RLUSD already operates under New York’s financial regulators. Getting a national charter through the Office of the Comptroller of the Currency (OCC) would expand that coverage, blending state-level approval with federal credibility. It’s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to be taken seriously. Read more: Ripple Files for US Banking License for XRP and RLUSD Key Takeaways AMINA Bank, headquartered in Zug and licensed by Switzerland’s FINMA, is the first global bank to support RLUSD, Ripple’s new stablecoin pegged to the US dollar. The bank is starting with custody and trading services for RLUSD. It is targeting institutional clients and professional investors seeking compliant, regulated stablecoins. The post Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple’s RLUSD Stablecoin appeared first on 99Bitcoins.

🚨 93% de Chance de a Dívida Nacional dos EUA Superar US$38 Trilhões em 2025, Segundo a Plataforma Polymarket 💣 Projeção Eleva Alertas sobre Sustentabilidade Fiscal, Inflação e Demanda por Ativos de Refúgio Por Igor Pereira, Analista de Mercado e Membro Junior Wall Street NYSE A plataforma descentralizada de previsão de eventos Polymarket, baseada em tecnologia blockchain, aponta 93% de probabilidade de que a dívida nacional dos Estados Unidos ultrapasse a marca de US$38 trilhões até o fim de 2025. A aposta reflete a percepção crescente entre participantes institucionais e digitais de que a trajetória fiscal americana é insustentável no cenário atual. Essa estimativa se soma à crescente preocupação com a dinâmica explosiva da dívida pública americana, especialmente diante do novo plano econômico de Donald Trump — “gastar para crescer” — revelado recentemente, que substitui a contenção fiscal por estímulos massivos à indústria, infraestrutura e defesa. 📉 Por que isso importa? O crescimento acelerado da dívida americana tem impacto direto no valor do dólar, nos rendimentos dos Treasuries e na cotação do ouro (XAU/USD). A perspectiva de déficits contínuos, com emissão maciça de dívida, tende a pressionar: O dólar para baixo, em meio à desconfiança global sobre sua sustentabilidade como reserva Os rendimentos dos Treasuries para cima, exigindo maiores prêmios de risco O preço do ouro para cima, como hedge contra inflação, colapso da moeda e risco soberano 🧮 A Dívida em Números Dívida atual (julho/2025): US$ 36,8 trilhões Projeção Polymarket: 93% de chance de ultrapassar US$ 38 trilhões até 31 de dezembro de 2025 Projeção do Escritório de Orçamento do Congresso (CBO): dívida poderá ultrapassar US$ 50 trilhões até 2030, sem reformas estruturais 🔥 O Que Está Acelerando o Endividamento? Novo ciclo de gastos do governo Trump Estímulo a indústrias estratégicas, defesa e infraestrutura Subsídios e incentivos fiscais para reindustrialização Juros elevados por mais tempo O custo da dívida federal aumentou exponencialmente com os Fed Funds acima de 5% Em 2025, os pagamentos de juros já superam US$ 1 trilhão/ano Guerra e geopolítica A recente ofensiva militar dos EUA contra o Irã e o aumento dos gastos da OTAN intensificam o custo fiscal Ausência de reformas estruturais no Congresso A polarização política impede medidas de controle de gastos ou aumento de arrecadação 🏦 Impactos para o Mercado Financeiro Ativo Expectativa de Impacto Observação Técnica Dólar (DXY) Baixa estrutural Perda de confiança global e menor demanda por Treasuries Ouro (XAU/USD) Alta estrutural Proteção contra desvalorização do dólar e colapso fiscal Treasuries 10Y Volatilidade e alta nos juros reais Exigência de prêmios de risco maiores Criptomoedas Alta (especialmente BTC) Apostas em colapso do sistema fiduciário tradicional 🛡️ Conclusão ExpertFX School A previsão de 93% de chance da dívida americana ultrapassar US$ 38 trilhões em 2025 deve ser lida como um sinal de alarme estrutural para investidores institucionais e varejo. O mercado já começa a precificar a insustentabilidade do atual modelo fiscal dos EUA, com reflexos diretos no preço do ouro, do dólar e nos mercados globais de risco. A longo prazo, essa realidade pode acelerar movimentos de desdolarização e a busca por ativos reais como ouro, commodities e até criptoativos. O ouro, em especial, tende a se beneficiar como ativo de reserva neutro frente à erosão da confiança na dívida soberana americana. 📈 Acompanhe no ExpertFX School análise completa da curva de rendimentos dos EUA, fluxo de ouro físico e alocações de bancos centrais em resposta ao descontrole fiscal global.

As the adoption of stablecoins slowly takes over, stewardship and proper regulation become a priority to maintain economic harmony. Bank of England (BOE) Governor Andrew Bailey seems to think the same. Bailey has cautioned that the adoption of digital currencies, including stablecoins, could upset the economic applecart if proper regulation isn’t implemented. Per remarks given during his speech at the Andrew Crockett Memorial Lecture on 3 July 2025, the nature of reserve currency has evolved. The monetary world has moved on from the earlier definition of a reserve currency as a fixed monetary anchor to an increasing reliance on secure, liquid assets such as the US Treasuries, and the central bank’s supply of liquidity as and when needed. “First, at least for the large economies, it could be asked today, what is the point of official reserves?” he said. In addition to this, Bailey also put forth the notion of the changing role of reserve currency, explaining how it has moved from backing currency convertibility to preserving financial stability as capital circulates in and out of a country. Bailey cautioned, “Central banks need to carefully examine payment innovation based on stablecoins.” Bailey, soon to lead the Financial Stability Board, has previously flagged potential threats regarding stablecoins and plans to address them soon. Explore: Best Meme Coin ICOs to Invest in July 2025 Adoption of Stablecoins Could Cause Digital Dollarisation In the wake of the landmark legislation passed by the US Senate normalising the use of stablecoins, Bailey’s warnings come amidst growing concerns related to the wide adoption of the US dollar-backed stablecoin, which could cause digital dollarisation. A striking contrast to this is the US Treasury Secretary Scott Bessant, hailing the stablecoin legislation as a step towards cementing the dollar’s reserve currency status worldwide, amidst concerns regarding the erosion of trust in the greenback’s reserve currency status. “We need to watch carefully the evolution of payment forms and whether innovation here introduces fragility into what I would call the ‘money system,” said Bailey. He went on to point out during his lecture the need for authorities to carefully monitor any changes made to the structure of money, such as the introduction of privately issued stablecoins, that help mitigate any detrimental effects on monetary trust. “If, for instance, stablecoins emerge as a new form of money, we have to decide how to ensure the singleness of money and therefore trust in money in this world, and what role the notion of reserve currency should play here,” he said. He added, “The rise of stablecoins could raise questions about the purpose of official foreign reserves in major advanced economies today.” Explore: 10+ Crypto Tokens That Can Hit 1000x in 2025 “Central banks could face the heat if stablecoins become a widely used form of payment without proper regulations” Bailey mentioned that authorities should make efforts to clarify the role of reserve currencies since advancements in payment technologies might avoid traditional oversight. Some analysts are of the opinion that the adoption of stablecoins without global coordination could split the financial system. Without regulations in place, privately issued tokens might circulate outside central control, making it harder to manage economies and keep cross-border finance stable. Authorities are currently reviewing how stablecoins can remain reliable and legally compliant as questions arise regarding the inclusion of stablecoins into the financial monetary system or their existence outside of it. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Key Takeaways The role of a reserve currency has changed from backing currency convertibility to preserving financial stability Authorities should carefully monitor any changes made to the structure of money to mitigate any detrimental effects on monetary trust Some regulators think that stablecoins could potentially split the financial system The post BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank appeared first on 99Bitcoins.