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Thousands of former workers, members of supplier companies and residents of the districts of La Pintada, Omar Torrijos and Donoso, staged a march on Sunday along the Pan-American Highway in the city of Penonomé to ask the government of President José Raúl Mulino to start negotiations with Minera Panamá, S.A. for the reopening of the giant Cobre Panama copper mine, local media El Capital Financiero reported. Minera Panamá is a subsidiary of the Canada’s First Quantum Minerals (TSX: FM), which operated the mine until Panama’s Supreme Court ruled its contract to operate the only mining operation in the Central American country, was unconstitutional in 2023. Challenges against the contract, which would have allowed Cobre Panama to keep operating for the next 20 years, piled up in court following public protests against the deal inked in October by the government and Minera Panamá. The demonstration on Sunday occupied a section of the Inter-American Highway in the direction of Nata de Los Caballeros, and took place peacefully, with a rally in which the sectors affected by the closure and their families participated, El Capital Financiero reported. Cecilia Martínez, a resident of the community of Coclesito in the Omar Torrijos Herrera district, told local media the residents of the areas adjacent to the Cobre Panama mine they participated in the demonstration to “demand their right to have a decent job”, “to contribute to the construction of a country that advances socially and economically in peace” and to reject the accusations of those who demonstrated against the mine as “sellouts of the homeland” for demanding “equal rights and opportunities” for those who reside in the rest of the country. Panama legislators had ratified the new contract between the executive and First Quantum, but reconsidered their decision after massive protests almost paralyzed the country. The land and sea ongoing demonstrations blocked the delivery of crucial supplies to the mine. Martínez told the news agency that after the closure of the Cobre Panama mine, local economies experienced a breakdown and left residents without opportunities to earn a livelihood. Meanwhile, Katherine Márquez, a former worker at the Cobre Panama mine, described to El Capital Financiero it was “shocking” to see how businesses, communities and people who were growing hand in hand with mining activity “have been left without dreams or opportunities” with the closure of the mine. Cobre Panama, Central America’s largest open-pit copper mine, produced 330,863 tonnes of copper in 2023 before the government ordered to shut it down. It would have become a 100 million tonnes a year operation in 2024, placing it near the top of the world’s copper throughput ranking. In April, a joint venture between First Quantum Minerals and the Panamanian government was presented as a practical solution to the dispute that has kept the Cobre Panama copper mine shut since November 2023.

The price of Dogecoin continues to bleed, and crypto analyst Kevin (@Kev_Capital_TA) warns that the worst may still lie ahead. Citing an earlier bearish pattern, Kevin emphasized over the weekend that Dogecoin’s Head and Shoulders formation—identified nearly two weeks ago—is rapidly approaching its technical “measured move” target. But he also made it clear that the full downside potential has not yet played out. Dogecoin Collapse Far From Over? “I didn’t say we are there now,” Kevin clarified in a follow-up post, “the orange circle represents a zone of where the measured move could go, with a precise measured move target of the .786 fib at .119.” This $0.119 level aligns with a broader confluence of technical supports that are quickly becoming critical for DOGE’s structure. “The Head n Shoulders I pointed out on Dogecoin almost a couple of weeks ago is almost at its measured move target range. Certain daily indicators are also starting to enter inciting levels. Watching closely along with BTC and USDT Dominance for further confirmations,” he wrote. Kevin also highlighted the importance of the weekly 200 Simple Moving Average (SMA) and Exponential Moving Average (EMA), along with the macro .382 Fibonacci retracement and a long-term descending trendline. Together, these levels form what he described as the “must-hold” zone, specifically between $0.1434 and $0.1265. A sustained breakdown below that region would likely confirm a macro bearish shift for the meme asset. What To Monitor Now Zooming out, Kevin sees Dogecoin’s fate as inseparably tied to Bitcoin and the wider altcoin market, which he describes as being in its weakest state in years. “So far 2025 has been more bearish for altcoins than 2024 and 2023,” he noted. “Worst year for Alts since the bear market in 2022.” The overwhelming strength of Bitcoin’s dominance has been a key factor in that trend. That dominance, Kevin argues, is not a temporary spike. “Fresh highs for BTC Dominance on the back of restrictive monetary policy and an uncertain geopolitical environment,” he wrote, referring to global macro conditions including persistent quantitative tightening (QT). He has long warned that without a pivot in central bank policy, any talk of a true “altseason” is premature. “Been saying since late 2023, early 2024—when AI coins were running crazy and people were saying it was #Altseason—that until QT ends and the terminal rate comes down, you will not see real sustainable altcoin outperformance. That continues to hold true.” His caution extends well beyond Dogecoin. In previous posts, Kevin identified key danger zones for Bitcoin and Ethereum, which he argues must be reclaimed to prevent broader market deterioration. “As long as BTC cannot break the $106.8K level and show real follow-through on 3D-1W time frames, then the market is in real danger,” he wrote. “Same for ETH not being able to break the $2700-2800 level.” For Dogecoin traders, the message is clear. The meme coin’s fate rests not just on its own technical health, but on a wider macro and intermarket structure that remains fragile. As long as Bitcoin struggles to hold above key breakout levels and US monetary conditions remain tight, the probability of a deeper Dogecoin correction remains high. Whether DOGE can stabilize above the $0.1265 level will be closely watched by traders in the days and weeks ahead. A loss of that zone, especially in conjunction with renewed Bitcoin weakness, could mark the beginning of a deeper and more painful phase for the once-beloved meme coin. At press time, DOGE traded at $0.152.

Halliburton (NYSE: HAL) announced Monday it has secured a contract for GeoFrame Energy’s geothermal and direct lithium extraction (DLE) project in Texas. The company said it will plan and design the first demonstration phase wells in the Smackover Formation in East Texas. GeoFrame Energy has said it is set to become the first company to deliver battery-grade lithium carbonate from this US reservoir to the market. GeoFrame said the project is expected to produce approximately 83,500 metric tons of battery-grade lithium carbonate annually—enough to meet 100% of domestic demand – which would mark a turning point in ending US dependence on Chinese lithium imports. “GeoFrame Energy is in an excellent position to capitalize on the current demand for lithium through brine extraction,” Halliburton’s vice president of low carbon solutions Duane Sherritt said in a news release. “Halliburton’s 100-year legacy of well expertise and execution, combined with innovation to support new energy projects and decades of experience in the Smackover Formation, makes us the best candidate to help support GeoFrame Energy’s vision.” “Halliburton, as a critical member of our team, will support the drilling phase of our project through the construction, design, and operation of the demonstration wells and the expansion into full field development,” GeoFrame Energy CEO Bruce Cutright said. Cutright said the company plans to use geothermal brine to generate renewable electricity through zero-emission binary cycle generators. This process will power its direct lithium extraction and lithium carbonate production plant with renewable energy. The company will sell the excess geothermal power produced electricity to the grid. Work is expected to begin in late 2025.

Log in to today’s North American session Recap for June 23, 2025 Markets saw intense swings in sentiment and price action during today’s session. The Sunday evening open brought sharp gaps across multiple asset classes, including oil, equity indices, and major forex pairs. The most significant development came again from the Middle East, as Iran launched a ballistic missile strike targeting the Al-Udeid U.S. military base in Qatar—the largest American base in the region. All missiles were reportedly intercepted by Qatari air defenses. Markets interpreted the move as a largely symbolic gesture rather than a serious escalation. Initially, the attack triggered classic risk-off positioning, but sentiment quickly reversed as investors reassessed the limited impact. By the afternoon session, much of the early war-driven market reaction had been unwound. The U.S. Dollar played a central role in the day’s volatility, gapping higher at the open. The Dollar Index (DXY) surged to 99.40 during the Asian session—levels not seen since the end of May—before retracing sharply to close near 98.40. Read More: Oil retreats after a gap up as US Intervention sends markets into motion 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.

Torex Gold Resources (TSX: TXG) has expanded its North American exploration portfolio with the acquisition of Reyna Silver (TSXV: RSLV) in an all-cash deal valued at C$36 million ($26 million). The acquisition, says Torex chief executive officer Jody Kuzenko, provides the company with “immediate access to new and exciting early-stage exploration projects within prolific mining camps in northern Mexico and Nevada.” In Nevada, Reyna has the option to acquire 70% of the Gryphon Summit project and 100% of the Medicine Springs project, both prospective for silver-lead-zinc-copper. Its Mexican assets, which are all 100% owned, include the Guigui and Batopilas projects located in Chihuahua state. Guigui is the flagship project, covering almost the entire Santa Eulalia mining district that produced more than 50 million tonnes at 310 grams silver per tonne, 8.2% lead and 7.1% zinc. “With the technical expertise and breadth of our exploration team, proven capability to deliver on major projects with the recent completion and commissioning of our Media Luna project … we are well-positioned to advance Reyna Silver’s properties and unlock the full value of these four projects,” Kuzenko added. Reyna Silver CEO Jorge Ramiro Monroy, commenting on the sale, said the “Torex offer allows these projects to remain as a portfolio and to have the necessary capital and expertise to move them to the next stage.” Transaction details Under the arrangement, Torex will acquire all of Reyna Silver’s share capital at a market value of C$0.13 per share. The consideration, totalling C$36 million, will be paid in cash. By Monday’s close, Reyna Silver traded at the offer price with a market capitalization of C$32.5 million ($24 million). Torex, meanwhile, rose 1.4% to C$44.17 apiece for a market capitalization of C$3.8 billion ($2.8 billion). Concurrent with the transaction, Torex has agreed to purchase units of Reyna Silver, also at market price, for a total investment of C$1.1 million. The proceeds, according to Reyna, will be used for payments relating to its option agreements in Nevada. Upon closing, Torex said it plans to build off the exploration and drilling programs undertaken by Reyna at its Mexican assets, and to conduct an evaluation on the properties in Nevada. The Toronto-based gold miner owns and operates the world-class Morelos mine complex located 180 km southwest of Mexico City. At an annual production of over 450,000 oz., the company is the largest gold producer in the country. The Morelos property covers the Media Luna underground, ELG underground and ELG open pit mines, a fully-integrated processing plant, and related infrastructure. A third underground deposit, EPO, is in the development stage and is expected to enter production in late 2026.

Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran. The geopolitical shock sent global markets into risk-off mode, with Bitcoin reacting quickly to the growing uncertainty. Despite the weekend dip, BTC has since reclaimed the $100K mark, but sentiment remains fragile. Investors are now watching key technical levels closely to determine the next move. According to top analyst Ted Pillows, Bitcoin must hold the daily EMA-100 to avoid further downside pressure. A decisive close below this level could open the door for a deeper correction, especially if macroeconomic and geopolitical risks persist. As volatility spikes and fear grows, Bitcoin’s ability to maintain support at these levels may define whether the bull cycle continues or enters a prolonged consolidation phase. All eyes are now on the $100K zone, which has become a critical battleground for bulls and bears in a market driven by both technicals and global tension. Bulls Defend $100K As Dominance Rises and Market Faces Crucial Test Bitcoin is once again at a pivotal moment. After dipping below the psychological $100,000 level over the weekend amid growing geopolitical tensions, BTC quickly reclaimed this critical threshold, offering a glimmer of hope to market participants. Although bulls managed to push the price back up, the overall structure remains fragile, and technical indicators now carry more weight than ever. Ted Pillows noted in a recent update that Bitcoin must hold its daily EMA-100 to preserve bullish momentum. A daily close below $99,000 would confirm a break below this key support zone, likely triggering a retest of the $92,000–$94,000 region. Such a move could create significant downside pressure, particularly on altcoins, which are already lagging behind in performance. In Pillows’ words, “If Bitcoin loses this level, alts will be annihilated.” Despite the looming risks, fundamentals remain solid. Bitcoin dominance continues to hover near its highest levels of the year, reflecting growing investor preference for BTC over high-beta assets during uncertain times. On-chain metrics still indicate strong holder conviction, and macro narratives continue to favor Bitcoin as a hedge amid fiat instability and rising geopolitical uncertainty. If Bitcoin can hold the $100K level and reclaim momentum, it could lead to renewed strength and eventually a push toward the $109K resistance zone. For now, however, bulls are on the defensive. Price action over the next few days will likely define the trajectory for the remainder of Q3, with a close watch on EMA support, macro headlines, and risk sentiment across global markets. Bitcoin Struggles Below Resistance Amid Bearish Price Structure The 12-hour chart for Bitcoin reveals a bearish structure following the breakdown below the $103,600 support zone. After forming a symmetrical triangle throughout mid-June, BTC failed to break upward and instead reversed direction, confirming a downward breakout. This move triggered a sharp decline to $98,200 over the weekend, followed by a modest recovery to the current $101,250 level. The price is now trading below both the 50 and 100-period simple moving averages, which are beginning to curl downward, signaling a shift in momentum away from bulls. The 200-period SMA, currently near $95,600, stands as the next major support if downside pressure continues. Volume has picked up notably on the red candles, adding weight to the bearish case and confirming active selling during the recent drop. Bitcoin must reclaim the $103,600 zone and hold above it to invalidate the bearish pattern and regain control. Failure to do so could result in further downside toward $95,000 and possibly even $92,000. As long as BTC remains below the broken triangle support and the $103K resistance, the path of least resistance remains downward. Bulls face an uphill battle, and confidence may erode quickly if the $100K psychological level is breached again. Featured image from Dall-E, chart from TradingView

🔄 Bitcoin segue tendência histórica da liquidez global M2, apesar de leve desvio Por Igor Pereira | Analista de Mercado – ExpertFX School Apesar de uma leve divergência de curto prazo, o Bitcoin (BTC) permanece estruturalmente correlacionado à expansão da liquidez global M2, de acordo com dados apresentados por especialistas do mercado cripto nesta segunda-feira (23). Historicamente, o crescimento da oferta monetária M2 global tem se mostrado um dos principais vetores bullish (altistas) para o BTC, dada sua natureza de ativo escasso e não soberano. Em momentos de afrouxamento monetário, com ampliação do crédito e injeções de liquidez nos sistemas financeiros globais, o Bitcoin tende a se valorizar com mais força do que ativos tradicionais. 💡 O que é M2 e por que importa para o BTC? A base monetária M2 inclui dinheiro em circulação, depósitos à vista e depósitos de curto prazo — sendo um dos principais indicadores da liquidez sistêmica na economia global. Quando os bancos centrais expandem essa base, aumenta o volume de capital disponível nos mercados, o que historicamente impulsiona: Bolsas globais, Commodities, E especialmente ativos alternativos como o Bitcoin, que se posicionam como reserva de valor e proteção contra desvalorização fiduciária. 📉 Divergência recente: ruído ou sinal? Apesar de um leve desvio recente do BTC frente à curva de crescimento da M2, analistas destacam que o cenário macroeconômico continua favorável à retomada da correlação positiva. A recente volatilidade geopolítica no Oriente Médio, somada a expectativas de afrouxamento monetário nos EUA e China, tende a reacender o ciclo de expansão de liquidez. 🧭 O que esperar? A leitura institucional aponta que, caso o ciclo de política monetária global continue sinalizando redução de juros e ampliação do crédito, o BTC deve retomar o movimento altista em alinhamento com a curva da M2 global. Impacto nos mercados: BTC/USD: Expectativa de suporte técnico entre US$ 96.000 e US$ 101.000, com potencial de rompimento altista caso a liquidez global continue se expandindo. Altcoins: Ativos com menor capitalização podem reagir com maior volatilidade à expansão da M2. Mercado Tradicional: A revalorização do BTC em ambientes de afrouxamento monetário pode servir como termômetro do apetite por risco. 📊 Fique atento às atualizações macro e ao comportamento da M2 nos principais bancos centrais do mundo — como o Fed, o BCE e o PBoC —, pois são fundamentais para antecipar movimentos no mercado cripto. 📡 Para mais análises de liquidez, política monetária e impacto no Bitcoin, continue acompanhando o portal ExpertFX School. Igor Pereira Analista de Mercado | ExpertFX School | Membro WallStreet NYSE

🇺🇸⚖️ Trump Intensifica Ataques ao Federal Reserve e Abala Confiança na Autonomia Monetária dos EUA Por Igor Pereira | Analista de Mercado - Membro WallStreet NYSE O presidente Donald Trump voltou a escalar seus ataques públicos contra o Federal Reserve, colocando a autoridade monetária americana em uma posição de extremo desconforto. Com críticas cada vez mais incisivas e pessoalizadas contra o presidente do Fed, Jerome Powell, Trump está forçando a instituição a escolher entre dois caminhos arriscados: cortar juros conforme exigido pelo governo, arriscando a credibilidade e alimentando a inflação, ou manter a atual postura cautelosa, enfrentando represálias políticas em meio ao risco de desaceleração econômica. 📉 Choque entre Política Monetária e Fiscal Trump quer que o Fed reduza agressivamente a taxa básica, hoje em torno de 4,3%, para um intervalo entre 1% e 2%, com o objetivo declarado de reduzir os custos crescentes com o serviço da dívida pública federal — que já se aproxima dos níveis de gasto com defesa. A motivação é dupla: impulsionar a economia em ano eleitoral e conter os custos de financiamento do Tesouro, em um contexto de déficits recordes. Powell, por sua vez, tem enfatizado que as decisões do Fed são técnicas e baseadas em dados. A pressão presidencial, contudo, é inédita em sua frequência, virulência e publicidade. Trump chegou a chamá-lo de “idiota total e completo” em redes sociais, além de cogitar abertamente sua substituição antecipada — o que encontra barreiras legais e institucionais. 📌 Impacto no Mercado e Risco de "Dominância Fiscal" Analistas alertam para o risco crescente de o Fed sucumbir à chamada fiscal dominance, quando a política monetária é subordinada à necessidade de financiar o Estado — cenário típico de países em desenvolvimento, mas até então impensável na maior economia do mundo. A credibilidade do dólar e dos Treasuries, que sustentam a ordem monetária global, estaria em risco caso a percepção de independência do Fed seja corroída. Em um contexto de alta incerteza, isso pode levar a uma reprecificação dos juros longos, mesmo que os juros curtos sejam cortados, refletindo um aumento no risco inflacionário e político. 📊 Divisão Dentro do Próprio Fed Nos últimos dias, dois diretores nomeados por Trump — Michelle Bowman e Christopher Waller — manifestaram abertura para cortes de juros já na reunião de julho, alegando preocupação com o enfraquecimento do mercado de trabalho. A mudança de tom reflete uma crescente politização interna do Comitê Federal de Mercado Aberto (FOMC), o que pode intensificar a fragmentação e confusão de sinais para os mercados. Ex-diretores como Kevin Warsh têm apontado que o Fed precisa mostrar força institucional diante das pressões. “Cresçam. Sejam duros. Isso faz parte do trabalho”, disse Warsh, cotado para substituir Powell em um eventual segundo mandato de Trump. 📅 O Futuro de Powell e o Risco de um "Presidente Sombra" Com o mandato de Powell terminando em menos de um ano, Trump cogita anunciar antecipadamente seu sucessor, criando uma figura de "presidente sombra" — uma estratégia para minar a autoridade do atual chairman e influenciar os mercados antes mesmo da transição oficial. Esse movimento, contudo, pode sair pela culatra: o sucessor ficaria em uma posição desconfortável, pressionado a criticar colegas e agradar politicamente ao presidente. Se defender a atual política do Fed, corre o risco de ser descartado antes mesmo de assumir o cargo. 🔍 O Que Esperar? O mercado global observa com atenção o desfecho desse embate entre o poder Executivo e o banco central mais influente do mundo. A depender dos próximos desdobramentos: O ouro (XAU/USD) pode seguir como principal ativo de hedge institucional contra instabilidade monetária. O dólar pode sofrer pressão estrutural se a percepção de risco político se acentuar. Mercados emergentes poderão enfrentar maior volatilidade cambial, dada a exposição ao dólar e aos Treasuries. A curva de juros americana pode se inclinar de forma atípica, com queda na ponta curta e alta na ponta longa — reflexo da perda de confiança. 📡 Acompanhe nossas atualizações diárias no site ExpertFX School, onde publicamos análises fundamentadas, com olhar técnico e institucional sobre os principais acontecimentos que movem os mercados globais. 🎯 Nosso compromisso é fornecer leitura precisa, contextualizada e estratégica — essencial para traders, investidores e analistas que desejam se antecipar às mudanças do ciclo macroeconômico. Igor Pereira Analista de Mercado | ExpertFX School | Membro WallStreet NYSE

🇺🇸🛩 Cresce a Escalada Militar no Oriente Médio: EUA Preparam Novo Ataque e Mercado Reage Por Igor Pereira | Analista de Mercado - ExpertFX School A tensão entre os Estados Unidos e o Irã atingiu novos patamares nesta segunda-feira (23), após relatos de que os EUA estão preparando uma nova ofensiva aérea em resposta à retaliação iraniana pelos ataques anteriores a instalações nucleares em Fordow, Natanz e Isfahan. Segundo informações da emissora israelense Canal 9, caças norte-americanos decolaram de uma base da Força Aérea na Arábia Saudita e seguem rumo ao território iraniano. O tempo estimado de voo até o Irã é de apenas 2 horas, o que indica um possível ataque iminente. 🚨 Escalada Geopolítica e Impactos Imediatos A nova movimentação militar reforça os alertas de conflito regional de grandes proporções, com potencial de atingir o estreito de Ormuz, responsável por aproximadamente 20% do tráfego global de petróleo. Em meio à escalada, a companhia aérea EgyptAir suspendeu todos os voos para países do Golfo Pérsico, citando riscos à segurança. No front econômico, o presidente do Fed de Chicago, Austan Goolsbee, afirmou que a autoridade monetária americana deve iniciar cortes nas taxas de juros caso as incertezas em torno das tarifas e da geopolítica sejam esclarecidas. A declaração vem em um momento crítico, com o mercado já precificando movimentos de aversão ao risco e fuga para ativos de segurança, como ouro e dólar. 💹 Reação dos Mercados Ouro (XAU/USD): Retomou forte alta após breve correção, com investidores buscando proteção em meio à incerteza geopolítica. S&P 500 Futuros: Chegaram a recuperar o “gap” de queda gerado pelos ataques ao Irã, mas a nova ameaça de confronto pode reacender a pressão vendedora. Criptomoedas: Demonstram resiliência, com o BTC acima dos US$ 100 mil, impulsionado por demanda alternativa diante do risco sistêmico. 📈 O Que Esperar? O cenário sugere que estamos apenas no início de um ciclo geopolítico de alta complexidade, com impacto direto nos mercados de energia, metais preciosos e moedas de países emergentes. Um ataque aéreo de maior proporção pode desencadear bloqueios no Golfo Pérsico, comprometendo cadeias globais de petróleo e ampliando a pressão inflacionária. A Fed, por sua vez, pode ser forçada a flexibilizar sua política monetária antes do esperado, o que traria suporte adicional para ativos de risco, mas apenas se o conflito for contido rapidamente — algo que, neste momento, parece incerto. 📡 Fique atento às atualizações em tempo real aqui na ExpertFX School. Publicamos análises completas, com linguagem técnica e foco no que realmente importa para sua tomada de decisão no mercado. 🎯 Continue acompanhando nosso site diariamente para acesso antecipado às leituras institucionais, interpretações dos fluxos de capital e reações do mercado frente aos principais choques globais. Igor Pereira Analista de Mercado Financeiro | Membro WallStreet NYSE www.expertfxschool.com

The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward. What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin dominance has made a new high and that it feels like it can never go down again. However, he opined that there should be a bigger correction starting somewhere around the current levels. The analyst added that the potential target area for a top in this scenario goes up to 68.56%. His accompanying chart showed that the Bitcoin dominance could hit this projected top of 68.56% in July, after which a decline would begin. Based on the chart, the BTC.D could drop to as low as 48% on this decline, paving the way for a potential altcoin season. If so, then altcoins could witness significant gains in the second half of the year and outperform BTC in the process. In an X post, crypto analyst Michaël van de Poppe also commented on the rising Bitcoin dominance and a potential altcoin season. He noted that the altcoin season indicator has hit its lowest number in two years. The analyst added that the lows of this indicator over the last six years were in June or July. Based on this, he remarked that there seems to be a pattern since the indicator has hit a low again this June. Michaël van de Poppe didn’t predict when exactly altcoin season could begin or if the Bitcoin dominance would top anytime soon. However, before now, he had expressed confidence that the alt season would still happen. The analyst noted that the last cycle was also called a Bitcoin cycle until altcoins started to run and heavily outperformed. What Needs To Happen For Altcoins To Take Off In another X post, Michaël van de Poppe stated that altcoins are in need of an upward push from Ethereum, and that this needs to happen through a push of Bitcoin. He further remarked that once the BTC price bottoms out, that is a very likely moment for Ethereum to continue outperforming the flagship crypto, with the Bitcoin dominance declining. The analyst believes that altcoins would start “shining” when the next leg upwards for Ethereum takes place, possibly ushering in altcoin season. He declared that once altcoins start to shine, market participants can expect them to heavily outperform the markets. However, for now, Michaël van de Poppe believes investors need to have some more patience. At the time of writing, the Bitcoin price is trading at around $101,700, down in the last 24 hours, according to data from CoinMarketCap.

A new preliminary feasibility study (PFS) for Ivanhoe Electric’s (TSX, NYSE: IE) Santa Cruz copper project in Arizona gives the proposed mine an after-tax net present value (NPV) of $1.4 billion at initial costs of $1.24 billion. Shares rose. The underground mine could produce 72,000-tonnes of copper cathode annually during the first 15 years of a 23-year life and has an internal rate of return (IRR) of 20% at a base case of $4.25 per lb. copper, Ivanhoe said Monday. The NPV rises to $1.9 billion at the current Comex high-grade copper price of $4.83 per lb. and the IRR to 24%. “Santa Cruz will mine the largest high-grade copper oxide orebody in America (…) which will be processed on-site by a new generation of skilled and highly paid American workers,” Ivanhoe Electric executive chair Robert Friedland said in a release. “Santa Cruz will produce an LME Grade A 99.99% pure copper cathode product that will be ready for immediate sale to American industry from our mine gate.” Santa Cruz, the company’s most advanced project, would help supply the green energy transition’s rising demand for copper, a critical mineral essential for electrical wiring. Ivanhoe shares gained 4.1% to C$11.32 apiece on Monday morning in Toronto, for a market capitalization of C$1.08 billion ($790 million). The stock has traded in a 12-month range of C$6.45 to C$16.50. 136M reserve tonnes The PFS includes a significant enhancement to Santa Cruz’s resources, with probable reserves totalling 136 million tonnes grading 1.08% copper for 1.5 million contained tonnes, based on almost 120,000 metres of drilling across 149 holes. Exclusive of reserves, Santa Cruz hosts 182.8 million indicated tonnes grading 0.81% copper for 1.4 million tonnes contained copper and 422 million inferred tonnes at 0.79% copper for 3.3 million contained tonnes. Construction of the mine could start in the first half of next year, first copper cathode production in 2028 and full production in 2029. The PFS envisions the mine would use heap leach processing. Production costs would amount to about $17,000 per tonne of copper, with global first-quartile cash costs of $1.32 per lb. over the mine’s life. Located in Casa Grande, about 77 km south of Phoenix, Santa Cruz comprises 24.2 sq. km of private land, including its associated water rights. Last June, Ivanhoe secured approval to zone over half of the property for industrial use, a major permitting milestone for the proposed copper mine.

With reports of US airstrikes on Iran nuclear facilities emerging on Sunday, crypto markets declined sharply amid rising geopolitical tensions, hurting demand for speculative digital assets. Despite falling to monthly lows over the weekend, and crucially below the key level of $100,000, Bitcoin has found support early in today’s session, trading +0.32% higher at around ~$101,319. US equities also trade higher, with the Dow Jones 30 rallying by +0.16, the Nasdaq 100 by +0.10%, and the S&P 500 by 0.26% respectively. Read more: Yen slides on oil supply jitters after US attack on Iran Key Takeaways from today’s session Developing tensions in the Middle East, most recently renewed by successive US airstrikes on Iranian nuclear facilities, are boosting market nervousness and a pervasive attitude of risk aversion within financial markets Despite recent developments, the reaction in today’s session remains muted, with the Strait of Hormuz, a key oil supply route, and its potential closure by Iran, being eyed by markets Bitcoin’s recent sell-off renews questions about its legitimacy as a ‘safe-haven’, showing some clear vulnerabilities to geopolitical tensions, similar to other risk assets 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.

Copper is experiencing an historic backwardation as traders react to rapidly falling inventories, potential US tariffs, and a pricing crisis at smelters. Spot copper traded at a $345-per-ton premium to three-month futures on Monday, the highest level since a record surge in 2021. The sharp backwardation points to a tightening supply. Backwardation occurs when the price of a near-month contract is higher than that of a longer-term contract, indicating concerns about current supply. Readily available inventories on the LME have declined about 80% this year, and now equate to less than a day of global usage. The depletion has been fueled by a global race to move copper to the US ahead of potential import levies. Tariff speculation In February, President Donald Trump directed the US Commerce Department to investigate the need for copper tariffs, with a report due within 270 days. The announcement triggered a surge in US-bound shipments as traders rushed to preempt any trade barriers. Refined copper imports to the US topped 200,000 tonnes in April, the highest monthly level in over a decade. At the same time, copper smelters in China are now so desperate to find raw material they are paying miners for converting their concentrates into refined metal. Spot treatment charges have fallen to $-45 per ton (TC) and -4.5 cents per lb (RC) level, according to Benchmark Mineral Intelligence, amid excess smelting capacity and insufficient raw material supply. The LME last week implemented measures to curb backwardation driven by individual traders holding large front-month positions. Similar steps were recently used in the aluminum market, where Mercuria Energy Group was required to lend back a major position at a capped rate to prevent sharp near-term price spikes. However, trading data suggests the copper squeeze is more systemic. Key short-term spreads on Monday moved independently of any single large trader, indicating broader market pressure. LME rules require traders holding more than 50% of available inventories and spot contracts to lend their positions back at a capped rate via the Tom/next spread—starting at 0.5% above the spot price. On Monday, that cap would have been $49.73 per tonne. But the spread briefly surged to $69, suggesting those rules weren’t triggered and the squeeze was driven by widespread buying. The pressure extends beyond near-dated contracts, with backwardations now evident through June 2026—a sharp shift from six months ago, when short-term contracts traded at a discount, signaling comfortable supply. On the COMEX, copper for July delivery slipped 0.2% on Monday, to $4.83 per pound ($10,626 per tonne). (With files from Reuters and Bloomberg)

Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show a quarter-to-date BTC yield of 108%, up from 96% in Q1 and a hefty 310% in Q4 2024. That metric tracks Bitcoin per fully diluted share, so it puts the firm’s strategy under a clear spotlight. Based on reports, the company gained 4,367 BTC valued at $451 million in this period, using prices from Bitflyer. Balance Sheet Swells to 11,111 BTC With the new purchase, Metaplanet’s total stash now stands at 11,111 BTC, worth just over $1.07 billion. Its cost basis for those coins sits at about $95,869 each. Metaplanet’s shares dipped 3.5% on the day of the announcement, a sign that investors may be worried about how the firm is funding its buy-ups. Funding Through Bonds And Shares Based on reports, the company has raised cash via zero-coupon bonds and equity rights since January. It issued over 210 million shares under a program it calls the “210 Million Plan.” Evo Fund has snapped up many of those bonds and rights. Between May and June 2025, Metaplanet pulled in over $300 million, earmarking every dollar for more Bitcoin. Ambitious Target Of 210,000 BTC Metaplanet has set a goal to hold 210,000 BTC by the end of 2027. That is 10 times its current pile. To reach that number, it will need to keep tapping the capital markets—and it plans to. The firm even created a dedicated Bitcoin Treasury Operations arm in December 2024, moving away from its hotel management roots. Dilution And Risk For Shareholders Metaplanet’s fully diluted share count rose to close to 760 million as of June 23. That puts its Bitcoin per 1,000 shares at 0.0146 BTC. More bonds and shares mean more dilution for existing investors. If Bitcoin’s price slips, the cost of raising money could climb, eating into any gains from the crypto itself. Metaplanet’s approach mirrors what some other big holders have done. It’s a bold stance. If Bitcoin holds up or heads higher, the firm could see big returns. But it will need to balance fresh capital raises against the risk of pushing down its own stock. For now, Metaplanet shows no sign of slowing down its Bitcoin buying. The only real question is how far this strategy can run before the bills come due. Featured image from Imagen, chart from TradingView

IAMGOLD (NYSE: IAG) (TSX: IMG) announced on Monday that the Côté Gold mine has officially achieved its nameplate capacity nearly 15 months after pouring its first gold. Shares of the Canadian miner rose to a near two-month high. The open-pit mine, located 125 km southwest of Timmins, Ontario, made its first gold pour in April of 2024 and subsequently moved into commercial production in August. On Monday, IAMGOLD confirmed that the processing plant has been operating at its nameplate capacity of 36,000 tonnes per day on average over 30 consecutive days. In a press release, CEO Renaud Adams said the work to bring a gold project from first gold to the design nameplate rate within 15 months “exemplifies the commitment to excellence and accountability that is at the core of IAMGOLD.” Shares of the company surged as high as 9% to C$10.78 apiece in Toronto, the highest since mid-April. By midday, it had pulled back to around C$10.58, with a market capitalization of C$6.1 billion ($4.4 billion). Canada’s new large gold mine At full capacity, the Côté Gold mine would be one of Canada’s largest gold producers, averaging 365,000 ounces over an 18-year mine life. During its first six years of operation, gold output could reach as high as 495,000 oz. “This milestone was made possible as momentum built from March in which the Côté processing plant achieved an average monthly throughput rate of 90% of nameplate and then reached 96% over a 30-day period in April,” Adams continued. “The achievement confirms our confidence in the Côté Gold production guidance of 360,000 to 400,000 oz. on a 100% basis, with costs expected to decline through the year.” IAMGOLD currently holds a majority 70% interest in Côté Gold, with Sumitomo Metal Mining owning the other 30%.

Malian tax officials have unlocked Barrick Gold’s (NYSE: GOLD) Bamako headquarters, nearly two months after sealing the doors over an alleged multimillion-dollar tax shortfall, Reuters reported on Monday. The office will now be run by a court-appointed administrator while the Canadian miner and Mali’s junta government continue wrangling over the country’s 2023 mining code. Former health minister Soumana Makadji was named provisional administrator of the complex last week. Barrick says it will appeal both his appointment and the wider court order that put the flagship Loulo-Gounkoto gold complex under state control. Barrick’s New York-listed shares rose 2% to $21.39 in early Monday trade, valuing the company at about $37 billion. Mine still idle Loulo-Gounkoto, once delivering more than half a million ounces of gold a year, has been offline since mid-January, after officials blocked exports and seized three tonnes of bullion. Barrick argues Mali’s revised code, which raises taxes and boosts state equity, violates its existing agreements and is pursuing international arbitration. Negotiations on a compromise have stalled for 18 months, leaving hundreds of local contractors in limbo and Mali without a key source of hard-currency royalties. (With files from Reuters)

Oil prices have been trading erratically in recent weeks, following the onset of the Israel-Iran conflict which initially sent prices soaring from $64 to $76 in under a week. After consolidating near those highs, crude broke above the initial war-driven spike late last week—only to surpass that level again during an overnight gap-up to $78.43 as the US Army attacked Iranian nuclear facilities. However, the breakout was met with some selling, leading to a sharp intraday reversal. One trigger for this volatility came from Iran’s threat to disrupt shipping through the Strait of Hormuz, a critical chokepoint responsible for roughly 20% of global oil flow. While the announcement stirred short-term supply concerns, market participants remain skeptical about Iran’s ability to follow through as some parts of the Strait are in Oman waters prompting a pullback. – An invasion from Iranian forces would create more conflicts for an already well-occupied IRGC army. Despite the retracement, price action remains far from bearish. Crude continues to consolidate in the upper end of its recent range, indicating sustained underlying strength amid ongoing geopolitical tension. A fresh report from Iranian media channels signalled that the retort from Iran against US Forces is only hours away. Read More: EUR/USD wavers around 1.15 as US enters the Israel-Iran Conflict close Momentum is entering the selling region with prices shy of the $75 key level and just below the War-Upwards trendline. Hourly 20 and 50 Moving Averages are acting as immediate resistance, however do not forget that amid greater volatility, Support and Resistance levels are more subject to breaks. In the meantime, Oil bulls would look to break above the two key MAs to retest the overnight highs – Prices would first need to push above the 76$ highs from the Resistance Zone. In a bearish continuation, sellers would look at the $72 zone, that acted as support in the post-spike price retraction. The support zone is in confluence with the confluence with the 1H MA 200 that caught up to the swift rise in prices. No scenario is more appealing than the other as uncertainty is still very high and prices are consolidating. In such cases, look for confirmation of your biases and breakouts beyond consolidation points. 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.

Is Trump Truth Social the biggest threat to crypto and wider global peace? Former President Trump is again inserting himself into the heart of Middle East instability. Over the weekend, he publicly entertained the idea of toppling Iran’s leadership in a Truth Social post that has ramifications far beyond the U.S. And even as the missiles fly, some of Trump’s most loyal MAGA defenders are still online, performing Olympic-level backflips to pretend their man didn’t just do exactly what they swore he wouldn’t. Meanwhile, back home, questions linger about Trump’s crypto dealings on Truth Social. As of late, Trump’s name remains tangled in crypto pump jobs that ethics watchdogs say blur the line between political influence and personal gain. Here’s how Truth Social is destroying crypto: ‘I Have Never Seen Such Open Corruption’: Trump Crypto Shady Dealings While B-2 bombers prepared to enter the Middle East, Donald Trump entertained crypto whales over filet mignon only weeks ago. Specifically, the president rolled out a private 1-on-1 meeting about his memecoin $Trump, a speculative token with zero utility. One of them, crypto billionaire Justin Sun, dropped $20 million into the coin, which earned him a golden ticket to a private dinner alongside 24 other high-rolling buyers. The whole thing reeks of self-enrichment. Former federal prosecutor Paul Rosenzweig labeled it a “textbook” breach of the Constitution’s intent. Harvard political scientist Steven Levitsky was more direct: “I have never seen such open corruption in any modern government anywhere.” Trump’s relationship with Justin Sun says much about where his head’s at. Once skeptical of crypto, the former president champions it as gospel. Earlier this year, his administration helped pause SEC fraud cases against Sun’s companies. It all fits neatly into Trump’s pledge to make America the “crypto capital of the planet” and end what he called a “war on crypto.” Behind the scenes, the former president is cashing in. His blockchain empire, including World Liberty Financial, was valued at $2.9 billion in March. 75% of token sales reportedly go straight to the Trump family. The Cost of Ambition Trump’s dual strategies of international saber-rattling and crypto profiteering have drawn condemnation as exploitative and self-serving. Trump once called Bitcoin “a scam,” and now he’s neck-deep in meme coin cash grabs. His involvement in the $Trump token contradicts everything he said in 2021 unless, of course, the scam just needed to work in his favor. As Trump and his institutional backers cash in, trust among retail investors continues to crater. 99Bitcoins analysts will follow his next moves closely, if only to document how deep the contradiction runs. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways As war in Iran lingers back home, questions linger about Trump’s crypto dealings on Truth Social. Trump’s dual strategies of international saber-rattling and crypto profiteering have drawn condemnation as exploitative and self-serving. The post Is Trump Truth Social The Biggest Threat to Crypto in 2025? appeared first on 99Bitcoins.

“Guess what! One BTC is still one BTC, but all the other assets are deprecating against Bitcoin,” said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. “So it’s a race to accumulate Bitcoin right now. And the race already started for the people awakened from the financial system.” “Bitcoin probably is becoming, for early investors, a gold standard, like the new gold reserve,” he added. Braud took to stage during the Nordic Blockchain Association on 18 June 2025 and said, “So the reality is Bitcoin is widespread among not only the crypto believers but also institutions and all the sophisticated investors. Bitcoin is probably one of the assets that you should have in your portfolio. And right now we have a limited supply.” “Between 2024 and this year, in one year US printed like one trillion. So there is a debasement on the currency. And there is a new debasement coming with this ‘Big Beautiful Bill’ probably.” “Bitcoin is a passive asset,” he said. DISCOVER: 20+ Next Crypto to Explode in 2025 Arab Bank Switzerland Partners With XBTO To Launch BTC Yield Product For Institutional Clients Institutional digital asset management company, XBTO, announced a strategic partnership with Arab Bank Switzerland on 19 June 2025. This will enable the Swiss private bank “to launch a sophisticated Bitcoin yield product for its wealth management clients.” “We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework,” said Braud. The collaboration leverages XBTO’s proprietary “Diamond Hands” strategy to provide Arab Bank Switzerland’s clientele with an actively managed approach to generating yield on their Bitcoin holdings. Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO said, “Arab Bank Switzerland’s six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration.” Explore: 99Bitcoins Exclusive: BitGO Europe Head Brett Reeves Says “Don’t Use One Provider, Use Multiple” “When we talk about Bitcoin yield, it’s simple, put your assets to work in a very safe controlled audited environment, right? And this partnership is all about it.” “On the bank perspective, it’s really important to to step back and look at what we are,” said Braud. “We protect assets, we protect execution and also we protect the privacy of our clients. And these are the three pillars basically of the whole offering.” “Financial institution adopting Bitcoin, it’s a no-brainer now. We saw the ETF success last year.” “We have to do our duty and we have to make sure that we build in a very secure stable environment, and especially in Switzerland when the legal framework is already there since 2014,” the head of digital assets at the Arab Bank Switzerland said. “We have segregated assets, off balance sheet – digital assets that are fully protected because they are off balance sheet. So basically, client can audit the assets directly on chain or they can look at it as they can look at the blockchain.” “What we will see is – probably some other banks like us – following this trend of Bitcoin accumulation. There are three ways to do that. The first one is internally – you do all the setup internally from the custody, trading, execution and and so on. The second one is completely delegated to an asset manager, but you don’t have much control. You have to really trust the counterparty. And the third one is the solution that we have chosen- is basically team up with one of the best in class, who has a long track record, and make sure that we do the custody, we secure the execution and they manage the execution. And this way we have a secure, controlled environment for our clients.” Explore: Zodia Markets Co-founder Nick Philpott Says, “If you wait for the regulator, you’ll have no innovation at all” Key Takeaways Institutional digital asset management company, XBTO, announced a strategic partnership with Arab Bank Switzerland, to launch a sophisticated Bitcoin yield product for its wealth management clients. The partnership is part of a broader trend of banks integrating structured BTC yield products into wealth management services. The post “One BTC is still one BTC, but all the other assets are deprecating against Bitcoin,” Says Arab Bank Switzerland’s Head of Digital Assets appeared first on 99Bitcoins.

Zenith Minerals (ASX: ZNC) has announced a substantial increase in gold resources at its 100%-owned Dulcie Far North (DFN) project in Western Australia. The mineral resource — all in the inferred category — is now estimated at 8.2 million tonnes grading 1.15 grams gold per tonne, for 302,000 oz. of gold. The contained metal is 41% higher compared to the previous resource estimate in December 2024. The resource upgrade, Zenith said, was driven by extension and infill drilling of previously defined lodes, as well as the identification of new ones. It follows the recent completion of 37 reverse circulation holes completed between February and April. “This mineral resource upgrade marks a turning point for Zenith at Dulcie,” Zenith’s managing director Andrew Smith stated, as it “confirmed the potential for a much larger system through the identification of new footwall lodes and stacked structures.” The next step for the DFN project, he added, is to conduct follow-up drilling in the third quarter to test open extensions along strike and at depth, and to further delineate the newly identified gold-bearing footwall lodes. Consolidated project According to the company, the resource update represents “a key milestone in the broader consolidation of its Dulcie gold project.” Located 400 km east of Perth, the Dulcie property comprises a contiguous group of mining leases spanning over 6 km. Zenith initially obtained the DFN mining lease in January 2023. Since then, it has more than doubled the gold resource from 150,000 oz. to over 300,000 oz. This month, the Australian explorer acquired additional subsurface rights that represent a 3 km southern extension to DFN. The new mining rights, it says, grant Zenith the exclusive rights to explore and develop mineralization from more than 8 metres below surface across the 3 km strike, directly along trend from DFN. This ground, which was partially drill-tested by Zenith in 2020–21, enhances the company’s strategic landholding, permitting framework, and development potential, the company added.

The Sunday Market Open got filled with gaps and while most of them have been tested by retracting prices, all markets are still trading at different levels compared to the Friday close. EUR/USD wasn't left out. There has been a theme of covering selling positions against the US Dollar and this surely started to take place through last week as the Dollar Index hit a 97.69 low. We have witnessed some swift changes to Mid-May and beginning-June Forex flows as Dollar selling resumed and EUR/USD went to 1.1140 to highs of 1.1610 in the same period. The US entered the Israel-Iran Conflict, and a press release from the Kremlin Spokesman came this morning saying that Saturday’s attack from the US “had increased the number of participants in the conflict and ushered in a new spiral of escalation” – More developments on this as markets see more headlines. War market flows have officially put the USD back in the conversation, therefore an analysis to spot levels of interest in the most traded forex pair amid this newfound volatility is now-due. Read More: Trading Wheat in increased volatility – Expanding trading horizons 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.

Did you know that Muammar Gaddafi, former leader of Libya, wanted to create a gold-backed dinar for all of Africa? He was the OG BRICS member. Or that Gaddafi wanted to stop trading oil in US dollars because he thought our global financial system was a giant Ponzi scheme? Well, the US couldn’t let that happen, so they declared war on Libya and overthrew Gaddafi. Here’s Libya after American “democracy.” (X) Now, only a few days after the U.S. attacked Iran, people like Nassim Taleb, author of The Black Swan, say the US dollar has lost its throne. In a recent Bloomberg interview, Taleb argued that gold is now the world’s de facto reserve currency. “The dollar is losing its status as a reserve currency… and gold is effectively now the reserve currency,” he said, pointing to the growing accumulation of gold in reserves worldwide. While the jury is out on gold—we believe in Bitcoin, obviously—one thing is for certain: the US dollar is out, and systems like BRICS are rising in prominence. A New World Currency is Shaping Through BRICS Countries like China, Russia, and Iran are creating their own global currency called BRICS. BRICS stands for Brazil, Russia, India, China, and South Africa, and more than a dozen other countries have already signed on. Independently, these countries are dwarfs to the US, but together, they represent 40% of the world’s population and, according to the IMF, 50% of the world’s GDP by 2030. The US is no longer holding all the cards at the global table. (Source) In 2025, the world is G7 countries like Canada, France, Germany, Italy, Japan, the UK, US and the European Union, vs. BRICS. Like BRICS, the G7 countries control 40% of the world’s GDP. This is also why, only two years ago, China was taking an active role in the negotiations between Saudi Arabia, the second largest oil hegemon, and Iran, the 14th largest economy in the world. If this were a kickball game, we’re seeing China recruit the teams and set up the field while America still picks dandelions. An Out-of-Touch G7 Could Lose Global Hegemony Culture wars are a distraction. It shouldn’t be that the banks win, the military-industrial complex wins, big pharma wins, and the middle class is always left behind. The BRICS themselves have said that expansion will be the group’s primary focus in 2025 while the G7 countries wage war on three separate fronts. A new world financial order is being crafted before our very eyes. The US, UK, and larger Western powers must change course fast before it’s too late. DISCOVER: 7 High-Risk High-Reward Cryptos for 2025 Key Takeaways In a recent Bloomberg interview, Taleb argued that gold is now the world’s de facto reserve currency. A new world financial order is being crafted before our very eyes. The post A New World Currency is Shaping Through BRICS and Is Now One Step Closer appeared first on 99Bitcoins.

This market is anything but predictable. First came the tariff escalations. Now, the threat of full-scale conflict between an Israel–U.S. coalition and Iran is dominating headlines. Investors across the board, from crypto to equities, are trying to make sense of the volatility, asking the big question: Why is crypto crashing today? Over the weekend, most major digital assets pulled back sharply. Global crypto market cap dropped 2.8% to $3.23 trillion, down from $3.37 trillion on Friday. Bitcoin (BTC) briefly dipped below $100,000, touching $98,300 before rebounding. It currently trades near $101,000, 9% off its all-time high of $112,000. Ethereum also slid 8% at one point, though it recovered to $2,251 after bouncing off $2,115. BitcoinPriceMarket CapBTC$2.02T24h7d30d1yAll time Despite the dip, many analysts argue the pullback is a standard correction amid macro uncertainty. Others warn that the worst may still lie ahead. But zoom out, and the picture is clearer: Bitcoin continues to outperform both gold and the stock market, even in one of the most turbulent geopolitical environments in years. DISCOVER: Virtuals Protocol Ecosystem Plummets With US-Iran War: VIRTUAL Price Prediction Why Is Crypto Crashing Today? Bitcoin Remains Stable But Could Be Gold a Better Buy? With rising global tension and fading risk appetite, some investors are turning to gold, a classic safe-haven asset. While Bitcoin has often been seen as “digital gold,” recent behavior suggests that during times of real-world conflict, traditional assets may still hold the upper hand. The crypto market is likely to remain volatile in the short term. Without signs of geopolitical de-escalation, Bitcoin could fall further below $100,000, and Ethereum may slide under $2,100. For now, markets are leaning defensive, and traders appear reluctant to bet on the upside. Still, sharp dips like these may offer a chance to accumulate for long-term investors. For Bitcoin, the long-term outlook continues to be positive, with targets like $ 150,000 to $200,000 considered achievable by many experts. The ongoing Israel-Iran conflict has only strengthened the case for both assets. Historically, gold has served as the traditional hedge during war and instability. But Bitcoin is increasingly viewed as a digital alternative for capital preservation, especially in a world of currency debasement and sovereign risk. With threats to vital infrastructure and oil supply chains in the Middle East, investor demand for both assets could increase significantly. Should this safe-haven rally materialize, it could trigger breakouts above $3,500 in gold and $112,000 in Bitcoin, attracting new capital inflows into both markets. Bitcoin vs. Gold: A Tale of Two Safe Havens Gold (XAU/USD), traditionally the ultimate safe-haven asset, shows signs of fatigue. Despite heightened tensions, including U.S. airstrikes on Iranian nuclear sites, gold is struggling to stay above the $3,400 resistance level. In fact, fresh selling pressure has emerged, with traders wary of the Fed’s hawkish tone and the strengthening U.S. dollar. (GOLDUSD) Even with conflict escalating in the Middle East, gold’s upside has been capped. The market’s attention has shifted to the Federal Reserve’s cautious rate cut outlook. While two cuts are expected in 2025, just one small cut is projected for each of 2026 and 2027. This “higher for longer” stance makes non-yielding assets like gold less attractive, especially as the dollar gains ground. Technically, gold looks vulnerable. A break below $3,322 could open the door to sub-$3,300 territory. Meanwhile, a push above $3,400 could lead to a retest of $3,435–$3,500, though momentum appears weak. The Bigger Picture: Bitcoin Still Leads All Markets Yes, short-term volatility remains high. But Bitcoin’s strength during this period of global stress reinforces its position as not only the top-performing crypto, but arguably the most resilient asset in the world right now. While the S&P 500 and Nasdaq remain sensitive to rate expectations, economic data, and gold struggles to reclaim its highs, Bitcoin has carved out a unique position. It’s increasingly viewed not just as digital gold, but as a superior hedge in a new era of sovereign risk, debt instability, and geopolitical unpredictability. If markets remain unstable, capital may continue flowing into Bitcoin and this pullback may turn out to be one of the last big opportunities before the next leg up. EXPLORE: What Are the Best New Presales to Buy in June 2025? Key Takeaways Despite market volatility, Bitcoin is only 9% below ATH and remains the top-performing asset across crypto and traditional markets. Gold struggles below $3,400 despite Middle East tensions, weighed down by Fed hawkishness and a stronger USD. For gold, a break below $3,322 could open the door to sub-$3,300 territory. Meanwhile, a push above $3,400 could lead to a retest of $3,435–$3,500. Geopolitical risks and market fear may present long-term accumulation opportunities for Bitcoin investors as capital rotates defensively. The post Why is Crypto Crashing Today? Is Gold Price Dip a Better Buy Than Bitcoin? appeared first on 99Bitcoins.

Ethereum has dropped 17% since Friday, breaking down from the long-standing range that held firm since early May. The sharp sell-off came after news broke of US airstrikes targeting Iranian nuclear facilities, sending shockwaves across global markets and sparking panic selling in risk assets. ETH was no exception, plunging below multiple support zones before finding a temporary floor at $2,100. This level served as a critical demand area, and Ethereum has since managed to bounce, offering bulls a glimmer of hope in an otherwise uncertain market. However, the breakdown of the previous trading range indicates that momentum has clearly shifted in favor of the bears. According to top analyst Ted Pillows, Ethereum must reclaim the top of the former range to signal that the downside move was a deviation rather than a full breakdown. As investors digest the growing geopolitical risk and continue to react to macroeconomic pressures such as persistent inflation and hawkish Federal Reserve policy, Ethereum’s path forward remains uncertain. Still, the bounce from $2,100 provides a chance for bulls to reestablish control—if they can push the price back above key resistance levels in the sessions ahead. Ethereum Holds Support But Bears Still in Control Recent price action has taken a heavy toll on altcoins, with Ethereum leading the downturn as most assets fall to lower demand levels. Since reaching its early June high, Ethereum has shed over 26% of its value, now trading under intense bearish pressure. Despite the decline, bulls have managed to defend the critical $2,100 support level, providing a temporary floor in an otherwise fragile environment. Geopolitical instability—particularly the escalating conflict between the US, Israel, and Iran—continues to add volatility and risk aversion to the market. Investors remain cautious, with the broader macroeconomic backdrop dominated by high US Treasury yields, stubborn inflation, and a hawkish Federal Reserve. These factors have put additional weight on the crypto sector, especially on Ethereum, which is widely seen as the main catalyst for a potential altseason that has yet to materialize. Ted Pillows notes that Ethereum recently tested the $2,100 support and successfully bounced. However, he emphasizes that the price must reclaim the top of its previous range to regain bullish momentum. If ETH fails to break and hold above the $2,350 range low, it risks a deeper move toward the start of the previous impulse leg—or worse. The coming days will be critical for Ethereum. Reclaiming lost levels would indicate strength and possibly kick off the long-awaited altcoin rotation. But continued rejection could signal more downside ahead, with sentiment already fragile and demand still lacking. Until clarity returns, Ethereum remains in a decisive phase where every candle matters. ETH Price Analysis: Breakdown Below Key Structure Ethereum (ETH) has sharply declined, with the price now sitting around $2,248. This move marks a confirmed breakdown from the key range between $2,320 and $2,850, which had been holding since early May. The rejection from the upper resistance zone near $2,850, combined with high-volume selling, indicates clear bearish momentum. The current candle structure on the 3-day timeframe shows strong downward pressure, especially as ETH failed to hold above the 100-day and 200-day moving averages (currently at $2,638 and $2,776, respectively). These levels now act as dynamic resistance, adding more weight against any short-term bullish reversal attempts. ETH is also trading well below the 50-day moving average at $2,265, a level that has historically acted as a short-term directional signal. Unless price reclaims and consolidates above that zone, the bearish trend could continue toward the $2,000–$2,100 support cluster—an area that previously sparked buying interest during March’s recovery. Volume has spiked significantly on this drop, suggesting panic selling rather than a controlled correction. For bulls to regain control, ETH must reclaim the range low at $2,320 quickly. Otherwise, downside pressure could continue to dominate in the near term. Featured image from Dall-E, chart from TradingView