Redator

Only the Australian dollar was traded today using the Mean Reversion strategy. Through Momentum, I traded the Japanese yen, which once again rose sharply against the U.S. dollar. The bullish momentum in risk assets persisted during the first half of the day. Industrial production data from France came out better than expected, helping the euro advance. The pound continued its trend amid the absence of negative U.K. statistics. However, despite positive signals from France, the overall picture for the euro remains mixed. France's political issues and the ECB's cautious stance are sending traders conflicting signals on how to proceed. At the same time, the outlook for the U.S. economy is also causing concern. A weak labor market keeps risks of slower economic growth in play, while high interest rates and inflation make this scenario more likely. In the second half of the day, focus will be on the NFIB Small Business Optimism Index. While not one of the top-tier indicators, it serves as a barometer for assessing U.S. growth prospects. Small businesses are usually more sensitive to changes in the economic environment, and their level of optimism directly impacts investment decisions, hiring, and the overall condition of the labor market. Publication of NFIB data could trigger short-term volatility, especially if the actual figures deviate significantly from forecasts. Positive results confirming resilience among small businesses could support the U.S. dollar, as this would indicate a strong domestic economy capable of withstanding higher interest rates. However, it is important to view the NFIB index in the context of other macroeconomic data, such as inflation, employment, and consumer spending. In case of strong statistics, I will rely on implementing the Momentum strategy. If the market shows no reaction to the data, I will continue to use the Mean Reversion strategy. Momentum Strategy (Breakout) for the Second Half of the Day: EUR/USD Buying on a breakout of 1.1781 may lead to growth toward 1.1825 and 1.1866;Selling on a breakout of 1.1740 may lead to a decline toward 1.1705 and 1.1668.GBP/USD Buying on a breakout of 1.3587 may lead to growth toward 1.3615 and 1.3645;Selling on a breakout of 1.3555 may lead to a decline toward 1.3520 and 1.3484.USD/JPY Buying on a breakout of 146.66 may lead to growth toward 146.98 and 147.46;Selling on a breakout of 146.30 may lead to a decline toward 145.92 and 145.60.Mean Reversion Strategy (Reversal) for the Second Half of the Day: EUR/USD I will look for selling opportunities after a failed breakout above 1.1783 with a return below this level;I will look for buying opportunities after a failed breakout below 1.1739 with a return above this level. GBP/USD I will look for selling opportunities after a failed breakout above 1.3590 with a return below this level;I will look for buying opportunities after a failed breakout below 1.3545 with a return above this level. AUD/USD I will look for selling opportunities after a failed breakout above 0.6628 with a return below this level;I will look for buying opportunities after a failed breakout below 0.6600 with a return above this level. USD/CAD I will look for selling opportunities after a failed breakout above 1.3817 with a return below this level.The material has been provided by InstaForex Company - www.instaforex.com

Today, the GBP/JPY pair is under pressure, continuing to retreat from the high reached in July 2024. The weakening of the pair is linked to the overall strengthening of the Japanese yen, which has pushed the spot price down toward the psychological 199.00 level. The market's initial reaction to the resignation of Japanese Prime Minister Shigeru Ishiba quickly faded amid growing expectations of further monetary policy normalization by the Bank of Japan. This is supported by the upward revision of second-quarter GDP growth data released on Monday. In addition, rising household spending and positive real wage dynamics in Japan strengthen expectations of a possible rate hike by the Bank of Japan by year-end, which supports the yen and pressures the GBP/JPY cross. At the same time, the British pound is supported by the ongoing decline of the U.S. dollar. It was also reported today that like-for-like retail sales in the UK rose 2.9% year-on-year in August, exceeding July's 1.8% and the market forecast of 2%. This figure is the highest in four months and, along with the Bank of England's cautious approach to rate cuts, helps the pound remain supported, limiting potential losses in GBP/JPY. However, lingering uncertainty over the upcoming autumn budget in November may deter traders from aggressively buying the pound, restraining intraday growth. Fundamentally, it suggests that a decisive break below the 199.00 psychological level is needed before confirming that the pair has peaked. From a technical perspective, oscillators on the daily chart have not yet turned negative, and the 199.00 psychological level is holding prices from a broader decline. Below this level, prices would find support at the 50-day SMA near 198.40, with further support at the 198.00 psychological level. On the other hand, resistance lies at the 200.00 psychological level, above which is the September high, last observed in July 2024, around 200.35. The material has been provided by InstaForex Company - www.instaforex.com

There is movement in Solana crypto, and it is the refreshing type of price action because yesterday, on September 8, SOL USD pushed higher versus the greenback, closing solidly above $210. As it is, the Solana price is within a bullish formation, and there are hints of buyers stepping in, shaking off the weakness of the second half of August. Zooming in and checking Coingecko, it appears that SOL crypto buyers are positioning for possible major moves. So far, SOL/USDT is up +69% year-to-date. At the same time, Solana buyers are building momentum, looking at the performance in the last month, where SOL crypto is up nearly +23%. Because of the consolidation of the previous week, SOL USD is up roughly +8% in the past week of trading and firm, looking at the candlestick arrangement in the daily chart. (Source: Coingecko) Scanning Coinglass data shows that sentiment is shifting in favor of bulls. On Binance, the largest exchange by trade volume, top traders are aligning their positions and betting for bulls. The long/short ratio is 1.4 when looking at accounts and even higher, at 2.6, when looking at positions. This skew suggests that more traders are confident that SOL USD may extend gains, soaring above $220 towards all-time highs. (Source: Coinglass) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Is SOL USD Ready To Rip? Time For Solana Buyers To Target $300? From the SOL/USDT daily chart, SOL ▲4.52% is trading at a key resistance level. Despite losses in early September, the rejection of lower prices on September 7, and the build-up of demand yesterday, SOL USD is on the cusp of closing above August highs of around $220 in a buy trend continuation formation. SolanaPriceMarket CapSOL$118.86B24h7d30d1yAll time If the close is with surging volume, there is a high possibility that Solana crypto will easily breeze past $300, setting new all-time highs and lifting top Solana meme coins in the process. In anticipation of this welcomed breakout, Coinglass data reveals that open interest is rising. As of September 6, it stood at around $12.36 Bn, and as of September 8, it had risen to $12.80 Bn. During this time, SOL USD prices ticked higher, suggesting that buyers likely opened up more positions. (Source: SOL USD open interest, Coinglass) Interestingly, the leg up on September 8 was accompanied by a flush out of leveraged shorts. Over $14 million of leveraged short positions were closed, the highest in over ten trading days. This development is typical with bulls preparing to push higher, as leveraged shorts are often liquidated, fueling the leg up, which may see SOL USD break above $300. On X, one trader said it was time for some “Solana exposure”, cementing its position as one of the best cryptos to buy. In his outlook, the analyst expects the breakout to lift SOL USD to as high as $260 before a retest of all-time highs. (Source: Dynamite_Fix, X) The breakout is from the rising wedge, where the resistance is at around the $215-$220 level. DISCOVER: Best New Cryptocurrencies to Invest in 2025 What will Drive The Solana Price? Time To Dive In? While the SOL/USDT technical candlestick arrangement might hint at where the Solana price is headed, fundamental factors play a key role. In a post on X, Ryan Watkins, the co-founder of Syncracy Capital, formerly Messari, thinks the incoming Solana crypto boom is thanks to public companies raising billions to buy SOL. In a press release, Michael Pruitt said they believe in Solana’s long-term potential. Their plan is to “build an active Solana treasury program” and add value to their shareholders. As Forward Industries plans to buy SOL, it will follow others, including Upexi Inc., which currently owns more than 2M SOL, and DeFi Development Corp, which owns over 1.9M SOL. According to Coingecko, the top Solana DATs currently control more than $974M of SOL, of which a sizable chunk has been staked, earning passive income. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Will Solana Crypto DATs Pump SOL USD Above $300? Solana crypto bulls confident of more gains SOL USD breaks above a key resistance level Solana analysts target $300 Forward Industries joins other Solana crypto DATs, raises $1.65 Bn to buy SOL The post Is SOL USD Ready to Rip? $300 Incoming As Public Companies Raise Billions To Buy Solana appeared first on 99Bitcoins.

Overview: The US dollar continues to trade with a heavier bias. Today, the yen is leading the move on the back of renewed speculation that the BOJ may still hike rates this year. The Australian dollar has broken above $0.6600 to approach the year's high, while the Canadian dollar is the laggard, as is often the case in a soft US dollar environment. With the encouragement of the PBOC, which set the dollar’s reference rate at a new low for the year, the market has pushed the dollar below CNH7.1150 for the first time since last November. Emerging market currencies are mostly firmer against the greenback today. The fall of the French government has not caused much of a stir, after all, it is the fourth time in 20 months. French bonds are doing a bit better than Germany Bunds today and the French stock market is firmer, while Germany's Dax is nursing a 0.5% loss. The highlight of the North American session is the benchmark revisions to the establishment survey, where a sharp downward revision is expected. Equities are mixed. Japanese and Chinese equities retreated, but the mainland shares that trade in Hong Kong, and the Hang Seng itself rallied more than 1%. So did Taiwan and South Korea. Australia and New Zealand indices slipped. Europe's Stoxx 600, which gained 0.5% yesterday is struggling today and is slightly lower, while US index futures are firm. Benchmark 10-year yields are mostly firmer in Europe and the 10-year US Treasury yield is up a couple of basis points to push a little above 4.06%. Gold's run continues. It is up for the 10th session in the past 11 and reached a new record near $3660. October WTI is firm but within yesterday's range, which was in the pre-weekend range, hovering below $63 in the European morning. USD: The Dollar Index trading softer through the North American session and slipped through the pre-weekend low slightly below 97.45 in late turnover. It is approached the upper end of a band of support 97.00-25. The multiyear low was recorded on July 1 just ahead of 96.35. Today's highlight is the BLS annual benchmark revisions to the establishment survey. Last year's revision took 818k from the 12-month job growth. The BLS estimates that in the 12-month through March (the extent of today's revisions) was 147k. This year's revision estimates range from about 550k to 900k, which is about 45k to 75k off per month on average. That said, as administration officials noted over the weekend, August's estimate is often revised higher, but it seems to stretch to suggest it will make a meaningful difference. Manufacturing has lost 41k jobs since February and this cannot be blamed on China. The boom in construction that began under Biden has been undercut by the elimination of subsidies. Construction spending has fallen year-over-year for the past six months. Federal government employment is off almost 100k this year. Overall, non-farm payrolls have risen by an average of 75k a month this year, almost half of the pace seen in January-August 2024, pending today's revisions. In the four months, through August, job growth has slowed to an average of 27k a month. Leaving aside the pandemic, it is the weakest jobs growth for a four-month period since 2010. EURO: French Prime Minister Bayrou lost the confidence vote, as widely expected. The market has taken it in stride. The euro recorded session highs slightly above last Friday's peak ~ ($1.1760) in late North American dealings to reach $1.1765. It extended its gains to $1.1780 today, and the French 10-year premium over German has narrowed by a couple of basis points today. French President Macron is looking for his fifth prime minister in last then two years. News that French industrial output fell by 1.1% was also shrugged off. It rose by 3.7% in June. The euro set a high in late July, near $1.1790, and the multi-year high set July 1 was closer to $1.1830. There are options for 885 mln euros struck at $1.18 that expire today. The US two-year premium over Germany continues to narrow. It is near 155 bp, having been above 200 bp in late July and above 180 bp as recently as August 21. It is the narrowest since last September. The premium reached a low last year of almost 135 bp and the low in 2023 was near 112 bp. CNY: The dollar was pinned the pre-weekend low against the offshore yuan yesterday. The year's low was recorded on August 29 near CNH7.1160 and has been sold to a marginal new low today slightly below CNH7.1147. The offshore yuan continues to trade stronger than onshore yuan, seemingly reflecting the direction of the speculative pressure. The next technical target may be in the CNH7.0870-CNH7.10 area. The PBOC set the dollar reference rate at a new low for the year CNY7.1008 (vs. CNY7.1029 yesterday). There is speculation that officials are guiding the dollar toward CNY7.00. China reports August PPI and CPI first thing tomorrow. Although some observers clamor for more rapid yuan appreciation given its trade surplus, the deflation that still grips China seems to weaken such arguments. JPY: Japanese politics add a new dimension to calculations about the exchange rate, but the most likely scenario is one of continuity. The LDP's leadership election is planned for October 4. The dollar peaked yesterday in early Asia Pacific turnover near JPY148.60. It trended lower and set session lows late in North America near JPY147.35. News reports claiming that BOJ officials still see scope for a rate hike this year pushed the dollar through the small shelf that was forged last week around JPY146.80. Some dollar selling also may have been related to the expiration of nearly $1 bln in options that expire today at JPY147.00. It reached nearly JPY146.35. The August low was a little lower, around JPY146.20. GBP: The market took the UK cabinet reshuffle in stride. Sterling and Gilts gained yesterday but this seemed to be more a reflection of the weak dollar and the broad rally in bonds rather than a specific UK assessment per se. If anything, sterling was among the weaker G10 currencies yesterday. Many observers concluded that the cabinet reshuffle does not represent a shift in the Labour Government's policies. Sterling did manage to take out the pre-weekend high, but it was only about 1/100 of cent. It has edged higher today, to almost $1.3590. The $1.36 level held sterling back in the second half of July and near the middle of August. Options for nearly GBP375 mln struck there expire today. CAD: In the general soft US dollar environment, the Canadian dollar was a laggard yesterday. Only the yen did worse. The greenback recorded an inside day yesterday. The other factor that may be weighing on the Loonie is the shift in market expectations toward a rate cut next week after the recent disappointing Q2 GDP and the poor jobs report at the end of last week. The year-end rate, implied by the swaps market has fallen by about 16 bp (to 2.35%) since Q2 GDP (-1.6% annualized) was reported on August 29. The jump in the unemployment rate (7.1% vs. 6.9%) and the loss of full-time jobs for the second consecutive month appears to have swayed several Canadian banks to forecast a cut next week. Yet the Canadian dollar's recent high was on August 29. The greenback climbed from almost CAD1.3735 on September 1 to about CAD1.3855 before the weekend. A move above CAD1.3860 could target the August high, set before Fed Chair Powell spoke in Jackson Hole on August 22, near CAD1.3925. It is straddling the CAD1.3800 level today in narrow range in quiet turnover. AUD: The Australian dollar's pre-weekend gains were extended by a 1/10 of cent in North America yesterday. It got as close to $0.6600 without trading it. The Aussie traded above $0.6600 twice in July but it proved to be a false breakout. Follow-through buying today lifted the Aussie to almost $0.6620. The high for the year was recorded in late July at $0.6625. Options for A$420 mln struck at $0.6600 expire today. Although there is some speculation that the Reserve Bank of Australia may not cut rates again this year, the futures market is suggesting otherwise. The odds of a cut at this month's meeting were never very high in the first place and there is about an 88% chance discounted a cut at the next meeting in early November. About 29 bp of cuts is discounted by the end of the year, down slightly from the end of August and about half of what was discounted at the end of July. MXN: Since mid-August, the dollar has been chopping between MXN18.60-MXN18.80. There have been several intraday violations, but only two closes beyond that range. It is fraying the lower end in the European morning and has been pushed to almost MXN18.59. The sharp downtrend seen in April through July morphed into a broad range affair (~MXN18.50-MXN19.00 on the wide). Mexico reports August CPI today. The headline is expected to firm (~3.56% vs. 3.51%) while the core rate may soften slightly (~4.20% vs. 4.23%), according to the median forecasts in Bloomberg survey. The central bank meets on September 25. Barring significant upside surprise, another rate cut seems likely. Although it does not draw much attention, Mexico will also report August vehicle production and exports. There is a strong seasonal factor in Mexico's output: It nearly always falls in July and rises in August. It fell by 14.3% in July and is likely to have bounced back in August. Mexico exported almost 95% of the vehicles in produced in July. In 2024, Mexico exported 87% of the vehicles in produced. Yet for the all the critics of China's excess capacity, is there much attention Mexico's auto sector? It is not clear how this is substantively different than slapping a 25% levy on India for importing Russian oil, while addressing other importers of Russia's energy. Disclaimer

The Australian dollar continues to propel higher. In the European session, AUD/USD is trading at 0.6618, up 0.40% on the day. The Aussie has shot up 1.5% since Thursday and is trading at six-week highs. Australian consumer, business confidence slide Australia's consumer and business confidence have taken a hit, pointing to pessimism over the economic outlook. The Westpac Consumer Sentiment Index fell 3.1% m/m in September, after a strong 5.7% gain in August. Westpac said that the index is back in "cautiously pessimistic" territory. Consumers remain uneasy over high interest rates, as the Reserve Bank has been slow to lower rates. The Westpac survey found that consumers are more concerned about unemployment and less likely to purchase a major household item. The NAB Business Confidence Index also headed lower, falling in August to 4 points, down from 8 in July. This marked a three-month low. Still, business conditions showed improvement and forward orders moved higher. Will the RBA lower rates? The Reserve Bank of Australia is coming off a quarter-point rate cut and meets next on September 30. The money markets don't expect a cut in September, as GDP rose in Q2 to 1.8% from 1.4% and core inflation jumped to 2.7% in July, up from 2.1%. A stronger economy and higher inflation will make it more difficult for the RBA to lower rates. We could see a rate cut in November and further easing early in the new year. Much will depend on the direction of inflation, the strength of the labor market, and the health of the Chinese economy. In the US, the Federal Reserve is poised to deliver a rate hike next week for the first time since December 2024. The weak nonfarm payrolls report has raised the likelihood of a half-point cut to 12%, with a quarter-point cut priced in at 88%, according to CME's FedWatch. AUD/USD Technical AUD/USD is testing resistance at 0.6612. Next, there is resistance at 0.66320.6579 and 0.6559 are providing support AUDUSD 1-Day Chart, September 9, 2025 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. © 2025 OANDA Business Information & Services Inc.

Kazakhstan has officially entered the global crypto race with plans to establish a National Digital Asset Fund, accumulating Bitcoin and other strategic digital assets to strengthen its economy and hedge against fiat instability. The initiative includes building CryptoCity, a plot zone for digital payments using crypto, stablecoins, and the digital tenge. It also expands Kazakhstan’s role as a Bitcoin mining powerhouse with growing state revenues. This move signals a larger trend of emerging markets embracing crypto reserves, aiming to diversify away from volatile commodity exports and attract foreign investment while competing with developed nations for financial innovation leadership. BitcoinPriceMarket CapBTC$2.25T24h7d30d1yAll time DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Bold Move by Kazakhstan Entering the Crypto Economy On September 8, 2025, President Kassym-Jomart Tokayev announced Kazakhstan’s plan to create a National Digital Asset Fund, marking one of the most significant national-level crypto strategies since El Salvador’s Bitcoin adoption. The fund will be built from seized digital assets, revenues from state-backed Bitcoin mining, and potentially allocations from the country’s sovereign wealth fund. This move cements Kazakhstan’s status as a top global mining hub, leveraging its cheap energy resources and newly streamlined regulations. Still, the upside is massive: sovereign BTC accumulation reduces sell-side liquidity, drives institutional confidence, and positions emerging markets as crypto innovation hubs. As more countries diversify into digital assets, this structural adoption could fuel the next major crypto bull run. DISCOVER: Top Solana Meme Coins to Buy in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Kazakhstan joins the crypto game with the National Digital Asset Fund. De-dollarization of the world is pushing with full power. The post Kazakhstan Joins Global Crypto Race: How Significant Are Emerging Market Crypto Reserves? appeared first on 99Bitcoins.

On Tuesday during the Asian session, the USD/CAD pair attempted to attract buyers but failed amid mixed fundamental signals. Nevertheless, spot prices are comfortably holding above the 100-day Simple Moving Average (SMA). Weak Canadian labor market data released on Friday strengthened market expectations for a 25-basis-point rate cut by the Bank of Canada at the September 17 meeting. Naturally, this pressures the Canadian dollar, serving as a key factor that could allow the pair to rise. At the same time, a modest recovery in crude oil prices limited the downside potential of the commodity-linked Canadian dollar. On the other hand, the U.S. dollar has also weakened, falling to a new low not seen since July 24, amid expectations of more aggressive monetary easing by the Federal Reserve. Moreover, after the disappointing U.S. Nonfarm Payrolls report, traders began pricing in the possibility of a significant rate cut at the upcoming September 17 FOMC meeting. This continues to undermine the U.S. dollar, capping the upside potential of USD/CAD. In addition, the overall positive market sentiment toward risk is another factor undermining the U.S. dollar's safe-haven status. Accordingly, traders betting on USD/CAD upside need to proceed with caution. For better trading opportunities, it makes sense to wait for Wednesday's Producer Price Index (PPI) release and Thursday's U.S. Consumer Price Index (CPI). From a technical perspective, daily chart oscillators remain positive. Prices are trading above the 9-day EMA as well as the 100-day SMA. If prices hold above the psychological 1.3800 level, the next obstacle will be at 1.3850. A drop below 1.3800 will bring immediate support from the 100-day SMA. Failing to hold that level would expose weakness toward the 1.3700 psychological mark. The table below shows the percentage change of the U.S. dollar against major currencies over the past seven days. The U.S. dollar has shown the greatest strength against the Canadian dollar. The material has been provided by InstaForex Company - www.instaforex.com

According to reports, Michael Saylor told viewers that most equity analysts expect Bitcoin to top $150,000 by Christmas. From a current price of $113,050, that would require an increase of about 35%. There are roughly three months left until December 25. The figures set a clear benchmark for what traders now call the year-end race. Analysts Back A $150,000 Target Saylor tied the call to wider adoption. He said during a CNBC interview more firms adding Bitcoin to their balance sheets and more people learning about the asset will lift demand. Because Bitcoin’s supply is fixed, that demand pressure, he argued, could push prices higher. The tone was confident, and the math was simple: move from $113k to $150,000, an over 30% gain, and the target is met. Tom Lee Puts A Higher Number On The Table Tom Lee, Head of Research at Fundstrat Global, raised the stakes with a $200,000 projection for Christmas 2025. He linked the outlook to macro policy, pointing to the September 17 FOMC meeting as a potential trigger if interest rates are cut. Lee also suggested that gains in small-cap crypto tokens could lift Ethereum, because ETH has often tracked broader risk appetite. A move to $200,000 from $113 would be much larger — roughly a 70% increase — and would likely need strong macro support. At the same time, seasonal patterns matter: Bitcoin often sees strong performance in the fourth quarter. Those two factors together are why some analysts are comfortable with bold targets. But timing is tight. Three months is a short window for large moves, and unexpected events could derail the path. Odds, Research Firms And Other Voices Other voices have weighed in. Canary CEO Steven McClurg put the odds of reaching $150,000 this year at 50%. Large banks like Standard Chartered have even flagged $200,000 as a possible level for 2025. These projections show a clustering of bullish views, though they span different timeframes and rely on different assumptions. Market Reaction And Caveats Bitcoin was up about 1% in the past 24 hours. Price moves of 30% to 70% in short stretches have happened before in crypto, but they are not commonplace and they bring big risks. Traders and investors will have to weigh those forecasts against market data, policy signals from the US Federal Reserve, and daily price action. The quarter ahead looks busy, and outcomes will depend on more than one forecast coming true. Featured image from Meta, chart from TradingView

Shiba Inu rose over 3% in the past 24 hours, outperforming the whole crypto market’s 1.58% gain. $SHIB’s price climbed to approximately $0.000013. Right now, the token has a market cap of $7.69B with a 24-hour trading volume at roughly $267M. Overall, the past 7-day performance has shown a clear upward price movement despite fluctuations, signalling the token’s potential resurgence. Moreover, the RSI for $SHIB, although still neutral, is also showing bullish divergence building. The EMA, meanwhile, is flashing buy signals as $SHIB’s price is testing support at $0.000013 and approaching new key resistance levels. If traders establish support at $0.000013, this could fuel a new rally, helping $SHIB recover to early 2025 levels. Shiba Inu’s resurgence and new bullish momentum are rekindling interest in dog-themed memecoins, steering more speculative capital toward newcomers like Maxi Doge ($MAXI). Maxi Doge’s gym-bro branding, meme-first marketing, and aggressive presale may do well from spillover demand. In fact, the project is already attracting new whale buys, which have pushed the ICO close to $2M. Increased Retail and Whale Interest in Dog Meme Tokens – What Does It Mean? Most top meme coins, particularly those related to Doge, have seen an upward trend in retail and whale interest recently. The meme sector saw a ~4% increase in market cap today, but doge tokens like $DOGE, $SHIB, and $BONK are ahead of the curve, sporting gains of up to 14% in the last week alone. Additionally, the spike in trading volume strongly indicates momentum is building for these tokens. Investors are now looking to benefit from the speculative hype, with high-risk, high-reward low cap coins making the best risk-on choice for diversification. Maxi Doge ($MAXI) is one such example of a booming doge-themed token with strong community support. Although still in presale, this new meme coin is positioning itself as the next big thing in the Doge sector, signalling potential for strong growth in the near future. Maxi Doge ($MAXI) Smashes Records Amid Doge Sector Boom — Presale Nears $2M Milestone Maxi Doge ($MAXI), an Ethereum-based meme coin, is a bit different from your typical cutesy Doge token. Based on a 1000x leverage trading philosophy and high-energy “gym bro” culture, this token comes with dynamic staking rewards (161% APY right now) and futures trading competitions (rolling out after listing). $MAXI’s trading competitions will be possible thanks to trading platforms partnerships. Not only do they make leverage maxing and derivative trading engaging, but the regular contests will also include community prizes, handed out to the top ROI users. Its utility and attractive staking demands do a lot to promote user participation and build an active community. And it’s working. Since launching in July, the presale raised over $1.9M, making it one of the fastest-growing meme ICOs of the year. The most recent whale buy came on September 5 – just over $10K. But we’ve also seen other investors pouring in as much as $37K earlier in August. So far, the presale has over 12,700 transactions recorded, showing a steady increase in early holders. Early adopters get the best discounted prices; $MAXI is now available for $0.0002565, with the next price increase due in just two days. You can claim your tokens in full after the presale ends. At that point, $MAXI will list on Uniswap first thing, giving early investors the opportunity to trade and benefit from $MAXI’s momentum right away. Join $MAXI’s presale before the next price increase. Shiba Inu Recovery Fuels Doge Token Frenzy Recent Shiba Inu technical indicators flash solid buy signals, and the token price is now testing new resistance levels. As Shiba Inu is ready to soar, the rest of the Doge sector is seemingly ready to follow. Maxi Doge is heating up as more early investors and whales join the ICO. The project’s upcoming holder competitions, investor incentives, and booming presale position it as one of the strong contenders in the meme coin landscape in 2025. Now’s the time to slide in early before the real FOMO kicks in. But remember: meme coins are high-risk, high-reward speculative investments. There are no guarantees with coins based on sentiment and hype. Do your own research before investing in any crypto. This article isn’t financial advice. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/doge-meme-coins-takeover-maxi-doge-whale-activity/

A recent supply chain hack has seen malware injected into NPM packages with over 2.6Bn weekly downloads after compromising a maintainer’s account in a phishing attack. The NPM attack is causing a lot of fear within the crypto market, with experts warning traders to be careful when signing any on-chain transactions. There is a belief that hardware wallets such as Ledger and Trezor are at risk, along with self-custodial web3 wallets such as Phantom, MetaMask, and Trust Wallet, causing a reduction in on-chain volume across crypto as traders fear being drained. However, the NPM attack hasn’t stopped Bitcoin BTC ▲0.97% from surging +1.4% today, as it is currently trading for $113,000. While the hacker has caused widespread fear throughout the crypto market, Arkham Intelligence data shows that the individual responsible has only managed to drain $159 from users so far. That figure has since increased to over $500, but it appears to be from traders sending the hacker meme coins, rather than proceeds from the hack. The hacker’s wallet now holds various amounts of BRETT, GONDOLA, VISTA, DORKY, amongst others. Although the hacker sending meme coins has added a layer of brevity to the situation, traders should still exercise caution when interacting with any on-chain wallet, as there has been no communication from NPM to confirm that the attack has been entirely contained. Keep an eye on the official @npmjs account for confirmation that the vulnerabilities have been contained and crypto traders’ funds are SAFU. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post What Does Mass NPM Attack Mean For Crypto: Is Ledger SAFU? appeared first on 99Bitcoins.

Today, the crypto market seems to be breathing a sigh of relief amid some fud news. The Fear and Greed Index has bounced back to a neutral zone at 48 after the fear mood last week. Bitcoin is crushing above $113K or up by more than 1.3%. On the other hand, Ethereum is holding its ground near $4,350, showing its strength after dipping bellow $4,300 early on this month. Meanwhile, the total crypto market cap has reached about $3.96 trillion, a confident atmosphere closing to $4 trillion. Institutional interest feels more tangible now. Bitcoin ETFs pulled in roughly $246 million this week, led by big players such as BlackRock and Fidelity, showing that the smart money is entering quietly. El Salvador hasn’t slowed down either as it added 21 new BTC to its holdings, now totaling more than 6,300 coins. That kind of state-level commitment adds a certain solidity. BitcoinPriceMarket CapBTC$2.25T24h7d30d1yAll time DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Altcoins Drawing Spotlight In Crypto News Today The Altcoin Season Index surged up to 61, as Bitcoin dominance has hovered at 60% for more than a month now. Money is rotating mostly into AI tokens, which saw a 14% run by 14% in a single day. (source – AI performance, CoinGecko) Worldcoin shot up 55%, driven by news of treasury adoption. And XRP ▲3.23% climbed 4%, buoyed by growing bets on a Fed rate cut and expanding custody partnerships in Spain. XRPPriceMarket CapXRP$179.60B24h7d30d1yAll time On the charts, BTC ▲0.97% nudged above its 20-day moving average at around $112k, and this could light the fuse for a short squeeze. If macro data such as Thursday’s CPI release doesn’t stir trouble, analysts see a path toward a gradual altseason. (source – BTC.D, TradingView) Elsewhere, BitMine recently became the largest ETH ▲1.18% holder with over 2 million coins. Platforms like Coinbase and Kraken are deepening their Ethereum integration, and Chainlink is eyeing a move toward $35 amid mounting ETF interest. All of these developments display why crypto news today isn’t just about numbers, but also the foundation of sentiment, adoption, and strategic interest. That foundation might just support gains ahead. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 56 minutes ago Aethir, Worldcoin, Ultimata Blast Off Overnight: Best Crypto to Buy Today? By Akiyama Felix The crypto market just went wild, with AI and DePIN tokens leading the charge, leaving traders to wonder what the best crypto to buy is. Here we are going to mention a couple of tokens that smashed the chart past 24 hours. With massive trading volume spikes and breakout moves, these projects could set the tone for the next altcoin wave. UltimaPriceMarket CapULTIMA$254.34M24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in 2025 Read the full story here. The post Latest Crypto News Today, September 9: Crypto Fear And Greed Index Hitting Neutral, and Altcoin Season Index Rockets as Bitcoin, Ethereum, and Solana Gain Tractions appeared first on 99Bitcoins.

On Monday, the EUR/USD pair reversed in favor of the euro and resumed growth toward the resistance zone at 1.1789–1.1802, which is now very close. Unfortunately, a rebound from the 76.4% Fibonacci level at 1.1695 did not occur yesterday, which could have given traders an opportunity to open new long positions. Today, a rebound from the 1.1789–1.1802 level will work in favor of the U.S. dollar and a pullback toward 1.1695. A breakout above 1.1789–1.1802 will increase the likelihood of further growth toward the next Fibonacci level at 127.2% – 1.1896. The wave structure on the hourly chart remains simple and clear. The last completed downward wave did not break the previous low, while the last upward wave broke the previous peak. Thus, the trend is shifting to "bullish." The latest labor market data and the changed outlook for Fed monetary policy are supporting bullish traders. On Monday, there were few economic events, and they were certainly not the reason for the euro's rise. Germany released reports on the trade balance and industrial production, which did not particularly interest traders. The same can be said about the emerging political crisis in France. Members of the French Parliament are preparing to issue a vote of no confidence in Prime Minister Francois Bayrou after he presented his 2026 budget proposals. Bayrou suggested reducing the deficit through higher taxes, freezing pensions and social benefits, cutting healthcare spending, and reducing public holidays. The proposal was poorly received, and Bayrou will most likely resign, leaving President Emmanuel Macron to either appoint a new prime minister or call early parliamentary elections. However, traders showed no reaction to these developments, signaling a lack of interest in political news from France. For traders, U.S.-related economic factors remain the priority. On the 4-hour chart, the pair consolidated above the horizontal range, allowing traders to count on further growth toward the 161.8% corrective level at 1.1854. No impending divergences are seen on any indicator today. A rebound from 1.1854 will work in favor of the dollar and a pullback, while a breakout above this level will increase the pair's chances of continuing upward toward the next target at 1.2066. Commitments of Traders (COT) report: Over the last reporting week, professional traders closed 2,726 long positions and opened 751 short positions. The sentiment of the "Non-commercial" group remains bullish thanks to Donald Trump and has been strengthening over time. The total number of long positions held by speculators now stands at 255,000, while short positions number 136,000 — nearly a twofold difference. Note also the number of green cells in the table above, showing strong accumulation of euro positions. In most cases, interest in the euro is rising, while interest in the dollar is falling. For thirty consecutive weeks, large players have been reducing shorts and increasing longs. Trump's policies remain the dominant factor for traders, as they may trigger problems with long-term and structural implications for the U.S. economy. Despite the signing of several important trade deals, some key economic indicators continue to decline. News calendar for the U.S. and EU: U.S. – Adjustment of annual Nonfarm Payrolls (14:00 UTC). On September 9, the economic calendar contains just one entry, but an important one! Its impact on market sentiment may be very strong in the second half of the day. EUR/USD forecast and trading tips: Sales can be considered today after a rebound from 1.1789–1.1802 on the hourly chart, with a target at 1.1695. Buying the pair was possible after a rebound from 1.1637–1.1645 with a target at 1.1695, which has already been reached. A close above 1.1695 allows traders to keep positions open with a target at 1.1789, which is nearly achieved. New buys can be considered after a close above 1.1789–1.1802, with a target at 1.1896. Fibonacci grids are built from 1.1789–1.1392 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

On the hourly chart, the GBP/USD pair on Monday rebounded from the 76.4% Fibonacci level at 1.3482, reversed in favor of the pound, and began a new upward move. Today, a rebound from the 100.0% corrective level at 1.3587 or from the resistance zone 1.3611–1.3620 will work in favor of the U.S. currency and a certain pullback. A breakout above these two resistances will increase the likelihood of further growth for the pound toward the next corrective level at 127.2% – 1.3708. The wave situation is beginning to shift to "bullish." The last completed wave down broke through two previous lows, while the new upward wave broke the last two peaks. Thus, at this point, one can assume that a new bullish trend is beginning after more than two months of bearish dominance. The dominance turned out to be very weak, as the news background in most cases did not support the bears. On Monday, bulls continued to attack even without news support. On Friday, the Nonfarm Payrolls and U.S. unemployment reports delivered another blow to the bears' ambitions and positions, and today they could suffer another defeat. On Tuesday, the annual Nonfarm Payrolls report will be released, revising job creation data for the past 12 months. If the actual value turns out lower than the sum of the last 12 monthly reports, it will be a serious reason for another fall in the U.S. currency. In my view, the U.S. dollar will continue to decline regardless, and the bears will keep retreating. The last two months have shown that bears lack the strength for a full-fledged trend, and they also lack news support. Next week, the FOMC may ease monetary policy for the first time in 2025, which could deliver another blow to the dollar, even though traders are already confident of a rate cut. On the 4-hour chart, the pair has made another reversal in favor of the pound and consolidated above the 1.3378–1.3435 zone. Thus, the growth process may continue toward the next correction level at 127.2% – 1.3795. The chart picture is currently ambiguous, as traders push the pair back and forth. For now, I recommend paying more attention to the hourly chart. No impending divergences are observed on any indicator. Commitments of Traders (COT) report: The sentiment of the "Non-commercial" category of traders over the last reporting week became slightly more bearish. The number of long positions held by speculators increased by 61, while the number of short positions rose by 1,848. The gap between longs and shorts now stands at 76,000 versus 109,000. However, as we see, the pound still leans toward growth, and traders toward buying. In my opinion, the pound still has downward prospects. The news background for the U.S. dollar in the first six months of the year was dreadful but is slowly beginning to improve. Trade tensions are easing, major deals are being signed, and the U.S. economy will recover in Q2 thanks to tariffs and various investments in the U.S. At the same time, expectations of Fed easing in the second half of the year have already started putting significant pressure on the dollar, with the U.S. labor market weakening and unemployment rising. Thus, I still see no grounds for a "dollar trend." News calendar for the U.S. and UK: U.S. – Adjustment of the annual Nonfarm Payrolls figure (14:00 UTC). On September 9, the economic calendar contains just one entry, but an important one! The news background may strongly influence market sentiment on Tuesday. GBP/USD forecast and trading tips: Sales of the pair are possible today after a rebound from 1.3587 or from the 1.3611–1.3620 zone on the hourly chart, with a target at 1.3482. Purchases were possible after a rebound from 1.3357–1.3364, from 1.3416–1.3425, and from 1.3482. Today the target at 1.3587 may be reached. New buys can be considered after a close above the 1.3611–1.3620 zone, with a target at 1.3708. Fibonacci grids are built from 1.3586–1.3139 on the hourly chart and from 1.3431–1.2104 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

The dollar continues to lose ground against a number of risk assets amid expectations of a looser monetary policy from the U.S. central bank. However, not everyone believes that rapid action is necessary. Goldman Sachs Group Inc. CEO David Solomon indicated in an interview that the Federal Reserve has no need to cut interest rates quickly, diverging from the Trump administration's pressure on the central bank to ease monetary policy. "I don't think the refinancing rate is excessively restrictive, given the appetite for risk," Solomon said at a Barclays Plc financial services conference. According to him, investor enthusiasm in the markets is currently at its peak. Solomon noted that the U.S. economy continues to demonstrate resilience, and the labor market remains strong despite recent data, which allows the Fed to maintain a wait-and-see approach. He stressed that premature rate cuts could lead to undesirable consequences, such as rising inflation and destabilization of financial markets. Futures pricing indicates that Federal Reserve members are expected to cut rates by a quarter of a percentage point at next week's meeting. Expectations of further rate cuts by year-end are also rising. In Solomon's view, the Fed should carefully assess incoming economic data and make decisions based on actual indicators rather than political pressure. He also emphasized that the central bank's independence is a key factor in maintaining confidence in monetary policy and ensuring the long-term stability of the economy. Just recently, U.S. Treasury Secretary Scott Bessent said that the Fed needs to carry out a rate-cutting cycle, suggesting that the central bank's benchmark should be at least 1.5 percentage points lower than it is now. Solomon's former colleague and President of the Federal Reserve Bank of Cleveland, Beth Hammack, also noted that she sees no grounds for cutting interest rates this month, as current data show inflation still exceeding the central bank's 2% target and continuing to rise. It should be recalled that last month President Donald Trump criticized the Fed for its research on his tariff measures, criticized Solomon for failing to publicly praise his administration's achievements, and even mocked the CEO, saying on social media that Solomon "should focus on his DJ career instead of burdening himself with running a major financial institution." As for the current technical picture of EUR/USD, buyers now need to take control of the 1.1781 level. Only this will allow them to target a test of 1.1825. From there, the pair could move up to 1.1866, though doing so without support from large players will be difficult. The ultimate target is the 1.1903 high. If the instrument declines, I expect significant buying activity only around 1.1740. If no buyers appear there, it would be better to wait for a retest of the 1.1705 low or open long positions from 1.1668. As for the current technical picture of GBP/USD, buyers need to take the nearest resistance at 1.3587. Only this will allow them to aim for 1.3615, above which a breakout will be difficult. The ultimate target is the 1.3643 level. If the pair falls, bears will try to seize control at 1.3583. If they succeed, a breakout of the range will seriously hit bullish positions and push GBP/USD toward the 1.3519 low, with a potential move to 1.3484. The material has been provided by InstaForex Company - www.instaforex.com

European markets maintain balance amid political turbulenceOn Tuesday, European trading floors showed restrained dynamics. Optimism fueled by a series of major mergers and acquisitions managed to offset concerns over political uncertainty in France after Prime Minister Francois Bayrou resigned following a no-confidence vote. STOXX 600 climbs, resources sector leadsBy morning, the pan-European STOXX 600 index rose by 0.1% to settle at 552.69 points. The strongest performance came from resource companies, with the basic resources sector index jumping by 1.3%. France awaits new prime ministerFrance's CAC 40 opened with a 0.2% gain. The country's long-term bonds remained stable as investors awaited President Emmanuel Macron's nomination for the new head of government. This move will mark the fifth prime ministerial appointment in less than two years. Anglo American and Teck Resources dealShares of Anglo American rose by 4.7% after reports of an agreement with Canada's Teck Resources on a $50 billion merger. The new company will be named Anglo Teck Plc and will become one of the largest players in the industry. Italian banks on the riseIn Italy, shares of Monte dei Paschi di Siena climbed by 3.8% after data showed that the bank secured 62% of Mediobanca's target stake. Mediobanca also strengthened, adding 3.7%. Nikkei fails to hold ground after record highThe Japanese stock market closed lower on Tuesday. The Nikkei index initially broke through the historic 44,000 level, but the advance gave way to profit-taking and pressure from a stronger yen. From record to pullbackIn the first half of the session, the Nikkei added 1.24% to a peak of 44,185.73 points. However, by the close, the index fell by 0.4% to 43,459.29, ending a three-day rally. The broader Topix index also lost 0.5%. Political factor and investor expectationsOptimism at the start of trading was supported by hopes for new government stimulus following the resignation of Prime Minister Shigeru Ishiba, known for his tough budget stance. However, investors opted to lock in profits by the end of the day. Yen strengthens pressureEquities weakened as the yen appreciated by 0.5% to 146.82 per dollar. A stronger currency traditionally undermines the competitiveness of Japanese exporters and their future earnings. Trade talks with USJapan's chief negotiator Ryosei Akazawa said in a publication that US tariffs on Japanese cars should be reduced by September 16, easing some of the uncertainty surrounding the deal under discussion since July. At the same time, he noted that the most-favored-nation regime did not affect the pharmaceutical sector and semiconductor manufacturers, as these industries were not included in the decree signed by US President Donald Trump. Takeda in the redJapan's largest pharmaceutical company, Takeda Pharmaceutical, ended the session down 3%, ranking among the most notable underperformers of the day. Citizen loses ground after exclusion newsShares of Citizen Watch dropped by 5.5%, making them one of the biggest decliners on the Nikkei index. Selling pressure intensified after reports that the company would be excluded from the Nikkei 225 starting in October. Advantest hits new recordOn the opposite side was Advantest, a manufacturer of semiconductor testing equipment and a key supplier to Nvidia. The company's shares jumped by 6.5%, setting a new all-time high. Semiconductor sector advancesThe market also found support from other chip industry representatives. Shares of Screen Holdings gained 2.4%, while Tokyo Electron rose by 2%, further strengthening the sector's position. The material has been provided by InstaForex Company - www.instaforex.com

European markets steady amid French political shake-up On Tuesday, European stocks showed resilience as optimism from a series of major mergers and acquisitions helped offset concerns about political instability in France, following the resignation of Prime Minister Francois Bayrou after a no-confidence vote. STOXX 600 edges up, resources lead gains By 07:07 GMT, the pan-European STOXX 600 index had inched up 0.1 percent to 552.69 points. The strongest performance came from the basic resources sector, which advanced 1.3 percent. France awaits new prime minister France's CAC 40 index rose 0.2 percent at the open. Long-term French bonds remained steady as markets waited for President Emmanuel Macron to announce his candidate for prime minister — the fifth such appointment in less than two years. Anglo American and Teck strike a deal Shares of Anglo American jumped 4.7 percent after the mining group confirmed a 50 billion dollar merger agreement with Canada's Teck Resources. The newly formed entity will operate under the name Anglo Teck Plc, creating a heavyweight in the global resources sector. Italian banks on the rise In Italy, Monte dei Paschi di Siena gained 3.8 percent after data showed the lender secured 62 percent of Mediobanca's target stake. Mediobanca shares also climbed, adding 3.7 percent. Nikkei slips after hitting record peak Japan's stock market ended Tuesday in the red as the Nikkei index, after briefly surpassing the historic 44,000 mark, gave way to profit-taking and pressure from a stronger yen. From record high to retreat Earlier in the session, the Nikkei surged 1.24 percent to an unprecedented 44,185.73 points. By the close, however, it had reversed course, finishing down 0.4 percent at 43,459.29 and breaking a three-day winning streak. The broader Topix index also declined by 0.5 percent. Political backdrop fuels expectations The rally at the open was driven by optimism over potential fiscal stimulus following the resignation of Prime Minister Shigeru Ishiba, known for his tight budgetary stance. Yet investors shifted to profit-taking later in the day. Yen strength weighs on exporters Market sentiment was dampened as the yen appreciated 0.5 percent to 146.82 against the US dollar. A stronger currency typically erodes the earnings outlook for Japanese exporters, curbing investor enthusiasm. Trade talks with Washington Japan's chief trade negotiator Ryosei Akazawa said in a statement that US tariffs on Japanese cars are set to be reduced by September 16, easing some of the uncertainty surrounding the deal under discussion since July. He added, however, that most-favored-nation status was not extended to pharmaceuticals and semiconductors, as those industries were excluded from the executive order signed by US President Donald Trump. Takeda under pressure Japan's leading drugmaker, Takeda Pharmaceutical, ended the session down 3 percent, ranking among the market's notable losers. Citizen shares tumble on Nikkei exit Citizen Watch stock dropped 5.5 percent, making it one of the weakest performers on the Nikkei. The decline followed Monday's announcement that the company will be removed from the Nikkei 225 index starting in October. Advantest hits fresh peak In contrast, Advantest — a major supplier of chip-testing equipment and a key partner for Nvidia — surged 6.5 percent, reaching a new all-time high. Semiconductor sector gains momentum The broader chip industry also posted gains. Screen Holdings advanced 2.4 percent, while Tokyo Electron climbed 2 percent, reinforcing the sector's upward trend. The material has been provided by InstaForex Company - www.instaforex.com

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week.Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses. Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader. #instaforex #analysis #sebastianseliga The material has been provided by InstaForex Company - www.instaforex.com

Real Vision analyst Jamie Coutts argues that the current bitcoin market is being driven less by the asset’s four-year issuance cadence and far more by a broadening tide of global liquidity that is only now beginning to roll. In a wide-ranging interview with “Crypto Kid,” Coutts laid out a cycle framework anchored in policy, bank credit, and balance-sheet dynamics, while cautioning that classic momentum warnings and a cooling of corporate-treasury buying warrant respect. Why This Bitcoin Cycle Is Different “From a first-principles basis, global liquidity…drives risk assets,” Coutts said, adding that when he regresses bitcoin against his preferred liquidity composite—built from central-bank balance sheets, global money supply, FX reserves and elements of commercial/shadow banking—“you find that there’s explanatory power.” The danger, he warned, is over-fitting a moving relationship. “Markets are non-stationary… The correlation itself is a moving target, so I wouldn’t get too tied up in charts where you’re fine-tuning the lag. That lag period will change all the time.” Even so, he called the connection between liquidity and risk “as good as anything I’ve ever seen.” The interview opened on a point of contention in recent months: short-term divergences between rising global liquidity gauges and bitcoin’s price since US spot ETFs launched. Coutts pushed back on the idea that the linkage has “broken,” arguing that, sized to bitcoin’s volatility, the current gap is unremarkable. “Within the volatility scope of the asset, [there’s] nothing to worry about,” he said, while noting that his own dollar-sensitive proxy has “been flatlining for a little bit longer” than some popular versions. The right question, he stressed, is not micromanaging a lag but asking whether liquidity is rising on a multi-quarter view—and why. That macro lens leads directly to policy. Coutts expects an imminent inflection in Western central-bank posture, with rates likely headed lower and balance-sheet tightening at least tapering. “I think it’s very likely we’ll see interest-rate cuts in the September meeting,” he said. “The question is will the Fed also announce the end of QT or further tapering of QT?” Behind the pivot, in his view, is “fiscal dominance”: the US government’s outsized deficits and refinancing needs compelling monetary authorities to ensure smooth absorption of Treasury supply. “You can forget what they tell you about stable prices and unemployment. They are there to hold up the financial system… and now they are very much tied to the hip of the US government.” Crucially, Coutts reminded viewers that most money creation comes not from central banks but from commercial banks extending credit. “They’re responsible for around 85% to 90% of all the new money supply,” he said. In practice, liquidity can be “supercharged” when central banks also expand their own balance sheets or alter regulations to encourage banks to accumulate more Treasuries. He also framed Washington’s friendlier posture toward crypto and stablecoins through this prism, calling dollar stablecoins a potential new distribution rail for US debt. The result is a structural backdrop that, in his view, favors higher liquidity over time even if the near-term path is noisy. The Business Cycle On top of policy, Coutts layered the business cycle. He argued that the US is edging back into expansion—with recent ISM readings above 50 cited during the discussion—and that the “Goldilocks” setup emerges when an upturn in growth overlaps with a turn higher in liquidity. This, he suggested, is the deeper driver behind the familiar four-year bitcoin rhythm: “Are we really looking at a liquidity cycle that’s dressed up as a bitcoin halving cycle?” As issuance declines over successive halvings, he said, the supply-shock effect becomes “less significant,” while liquidity and growth conditions dominate allocations to “anti-debasement assets.” In that race, he added, “Bitcoin is the emergent anti-debasement asset of the present and the future,” with Ethereum alongside it on longer-horizon performance. China features prominently in Coutts’ map. He highlighted the People’s Bank of China’s rising balance sheet amid a property-led debt deflation and the government’s push to revive risk assets. “They’re really the only central bank that’s going up,” he said, linking that liquidity to improving Chinese equities and surging gold in yuan terms. In prior cycles, he noted, late-stage bitcoin strength lined up with Chinese equity peaks, and he currently sees “an inverse double head-and-shoulders” pattern pointing to roughly 5,100 on a key China equity benchmark. Two cycles are not “statistically significant,” he conceded, but the mechanism is straightforward: “What’s driving Chinese equities, what’s driving bitcoin? The same thing—it’s liquidity.” If the structural message is supportive, the tape still demands humility. Coutts called out a weekly-timeframe bearish divergence in bitcoin’s momentum as a genuine risk signal. “Divergences are warning signals… The trend is losing momentum,” he said, recalling similar set-ups ahead of the 2008 crisis and the 2020 pandemic shock. Such signals are probabilistic, not fate, but he urged investors to consider “countervailing circumstances” and risk-management overlays rather than dismissing them. Bitcoin Momentum Fades (For Now) Related to momentum, he flagged a cooling in the marginal demand engine that powered much of 2024: corporate-treasury accumulation of bitcoin, led by MicroStrategy and followed by a long tail of imitators. “The marginal buyer of bitcoin has been treasury companies and ETFs,” he said, but the “intensity of buying” by treasury vehicles “peaked in Q4 of 2024.” As premiums compress and capital-markets windows narrow, “they can’t buy at the same intensity anymore,” which acts as a drag at the margin. The host noted that MicroStrategy’s market-to-NAV premium had recently been around 1.5%, adding that Michael Saylor has suggested issuance is far more attractive above roughly 2.0; Coutts’ broader point was that a proliferation of copycats diluted the strategy and left many smaller names trading below intrinsic value—potential acquisition fodder for stronger operators if discounts persist. ETFs, he said, are a steadier bid but lack the leverage-like reflexivity of equity issuance. On “altseason,” Coutts was blunt that this time will not rhyme with 2021’s helicopter-money mania. He argued that crypto has now found product-market fit, with higher-quality networks boasting users, cash flows and token-burn mechanics that make sense to traditional allocators, while indiscriminate speculation fades. “The new buyers are much more discerning. They’re not going to buy the 15th or 16th L1, the 10th L2,” he said, predicting concentration in a handful of credible platforms and real-world use cases. He hopes the industry will “never say the word ‘altseason’ again,” preferring to describe what’s coming as a broader “asset-class bull market” with far greater dispersion. The prior “banana zone,” he added, was a creature of lockdowns and stimulus checks; the “velocity of stimulus is different” now, so expectations should be, too. At press time, BTC traded at $112,946.

Trend Analysis (Fig. 1). On Tuesday, from the level of 1.3541 (yesterday's daily candle close), the market may continue moving upward with the target at 1.3593 – the upper fractal (yellow dotted line). Upon testing this level, the price may then move downward with the target at 1.3565 – the upper fractal (daily candle from August 18, 2025). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall conclusion: upward trend. Alternative scenario: from the level of 1.3541 (yesterday's daily candle close), the price may start moving upward with the target at 1.3626 – the historical resistance level (blue dotted line). Upon testing this level, the price may then move downward with the target at 1.3593 – the upper fractal (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1). On Tuesday, from the level of 1.1752 (yesterday's daily candle close), the market may continue moving upward with the target at 1.1788 – the upper fractal (yellow dotted line). Upon testing this level, the price may retreat downward to test the upper fractal at 1.1765 (daily candle from September 8, 2025). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall conclusion: upward trend. Alternative scenario: from the level of 1.1752 (yesterday's daily candle close), the price may continue moving upward with the target at 1.1829 – the upper fractal (daily candle from July 1, 2025). Upon testing this level, the price may retreat downward to test the upper fractal at 1.1788 (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

The US dollar is under heavy pressure, as yet another set of extremely weak labor market data has led to a revision of Fed rate forecasts—now, it's expected that the rate will be cut three times before year-end. There are also growing concerns about whether the Fed can maintain its independence, as Trump is actively trying to reshape the Board of Governors to secure decisions from the Fed that align with his new economic policy. It goes without saying that if the Fed starts doing what Trump wants, this would automatically mean a sharp rise in the risk of losing control over inflation. The Fed is attempting to preserve financial stability even in the face of a looming recession, while Trump is seeking to accelerate economic growth despite the threat of inflation. Clearly, these are fundamentally opposing goals, and the fate of the dollar will largely be determined by who prevails in this standoff. In this regard, special attention will be paid to Thursday's US consumer inflation data for August, which will ultimately establish expectations for the Fed rate and send the dollar either up or down. The pound has few reasons to rise against the dollar. The UK is preparing for the review of the autumn budget; the NIESR forecast is disappointing— the government needs to proceed under the assumption that GDP growth in the coming years will be lower than the budget office projects, while inflation and unemployment will be higher. Accordingly, more spending on social programs will be needed, leading to increased borrowing. The autumn budget will require both tax increases and simultaneous spending cuts to restore fiscal discipline. In such conditions, an influx of investment and stock market growth will be difficult, which will negatively affect demand for the pound. Inflation will remain above target for a long time, so the Bank of England will most likely keep the rate unchanged until year-end or cut it by no more than 25 basis points. A high rate gives the pound a certain yield advantage, but will restrain GDP growth and thus growth of the budget's revenue side. The net short position on the pound increased by $133 million over the reporting week to -$2.77 billion. Positioning is bearish, the fair price is above the long-term average, and the short-term impulse is bullish. In the previous review, we assumed the pound's consolidation would end with a test of support at 1.3310/30, but due to the apparent weakness of the dollar, this forecast did not pan out. The nearest resistance is 1.3580/95; if it does not hold, the pound will try to develop further success toward 1.3787. Support has shifted to 1.3370/90, but something very unexpected would have to occur for investors to return to buying dollars. The sharp rise in gold prices suggests a surge in panic about the robustness of the entire dollar-based financial system. The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Nikkei Breaches 44000 Most Read: Bitcoin (BTC/USD) Eyes Further Gains as Strategy Expands Holding and ETF Flows Remain Strong The market shrugged off political uncertainty and rose for a fifth day as optimism about US interest rate reduction spread to Asia, fuelling a buying binge in technology shares. The MSCI all-country stock index was on track to reach another record high. In Asia, tech companies like TSMC and Alibaba helped stock markets rise. South Korean, Taiwanese, and Hong Kong shares went up, but Indonesian shares fell after the long-serving finance minister was dismissed. On Tuesday, Japan's Nikkei went above 44,000 for the first time ever. This was driven by optimism about a new trade deal and the possibility of more government spending. The Nikkei 225 Index jumped by as much as 1.24% to a record high of 44,185.73 during early trading. However, some investors sold their shares to take profits, causing the index to fall back slightly to 43,732.80 by midday, a 0.2% gain. The broader Topix index was up by 0.06% at midday, after earlier rising by 0.77%. Japan's lead trade negotiator, Ryosei Akazawa, announced on X (formerly Twitter) on Tuesday that U.S. tariffs on Japanese cars will be lowered by September 16. This clarifies a trade deal that was made in July. Shares continued to rise, following strong gains on Monday after the resignation of Prime Minister Shigeru Ishiba, who was known for being fiscally conservative. News agency Kyodo reported on Monday that Sanae Takaichi, a supporter of government spending and easier monetary policy, has decided to run for the leadership of the Liberal Democratic Party. Stocks related to semiconductors rallied, following gains by their U.S. counterparts like Broadcom. This was supported by Broadcom's statement last Thursday that it expects strong revenue growth from artificial intelligence. The biggest gainer on the Nikkei was Advantest, a company that makes chip-testing equipment and supplies Nvidia. Its shares rose by more than 7%. Other stocks that saw notable increases were chip-making tool manufacturers Screen Holdings, which jumped 3.74%, and Tokyo Electron, which gained nearly 2%. Sony's stock also advanced by about 2%. European Open - French Politics Casts a Shadow After seeing gains during regular trading on Monday, European stock futures went down slightly. Specifically, futures for the EUROSTOXX 50 index dropped by 0.2%. Futures for the FTSE and DAX indexes also dipped, by 0.13% and 0.26% respectively. Over the last few days, markets have been through several major political events. In Britain, Deputy Prime Minister Angela Rayner resigned, and in Japan, Prime Minister Shigeru Ishiba stepped down. In France, lawmakers voted to remove Prime Minister Francois Bayrou from office. Argentina's President Javier Milei's party faced a significant loss, and Indonesia unexpectedly replaced its long-time finance minister. Investors in Europe are now waiting to see who French President Emmanuel Macron will choose as the country's fifth prime minister in less than two years. So far, Macron has not chosen to call an early election and seems determined to name a new prime minister, potentially from a center-left political party. There are no rules dictating who Macron must pick or how quickly he has to make the decision, but his office has said he will appoint someone in the next few days. Despite this political uncertainty, the price of French government bond futures in Asia has changed very little. On the FX front, the U.S. dollar index dropped to a low of 97.323 during trading in Asia, its weakest point since July 24. The euro gained 0.1% during trading in Asia, reaching a value of up to 1.1778, which is its highest level since July 24. The Japanese yen became stronger against the dollar, reversing its weakness from Monday, after Prime Minister Shigeru Ishiba resigned. The yen was 0.3% stronger at 147.125 yen to the dollar as people began to speculate on who would be the next leader. In other currencies, the Australian dollar rose by 0.2% to $0.6606, while the New Zealand dollar also went up by 0.2% to 0.5949. The offshore Chinese yuan was 0.1% stronger at 7.1193 yuan per dollar, and the British pound rose by 0.2% to 1.3576 so far today. For more on the Euro, read EUR/USD Technical: Euro bullish breakout, what’s next? Currency Power Balance Source: OANDA Labs Oil prices went up on Tuesday, continuing their gains. This was because the oil-producing group OPEC+ announced a smaller production increase than what many people expected. At the same time, there are ongoing worries that potential new sanctions on Russia could tighten the global oil supply. Brent crude oil rose by 0.77% to $66.53 per barrel, and U.S. West Texas Intermediate crude climbed by 0.8% to $62.76 per barrel. For more on Oil prices, read WTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output Hike Gold prices reached a new record high on Tuesday. The price was boosted by a weaker U.S. dollar and a drop in bond yields. Demand for gold increased because there are now stronger expectations that the US Federal Reserve will cut interest rates this month. The price of gold was up 0.2% at $3,642.09 per ounce, after it had previously hit an all-time high of $3,659.10 earlier in the day. US gold futures for December delivery also rose slightly by 0.1% to $3,682.10. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet with a couple of Central Bank policymakers from the Euro Area, SNB and BoE speaking. Beyond that markets will keep an eye on political developments in France, as well as an Apple event later in the day which could affect Apple and US stock indices. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - DAX Index From a technical standpoint, the DAX has been stuck in consolidation the last few days and remains in a channel. At present price is in the middle of the channel and is currently testing the 100-day MA which is serving as resistance. A clean break of this level could lead the index toward the top end of the channel with resistance at 24000 and 24080 respectively. A failure to do so could the index revisit the recent lows around the 23470 handle before the lower end of the channel around 23212 comes into focus. DAX Daily Chart, September 9. 2025 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. © 2025 OANDA Business Information & Services Inc.

Amid the back and forth that has rocked the crypto market, the Ethereum price has now found itself between a rock and a hard place. Right now, bulls and bears are still locked in a tug-of-war in a quest to take control of the digital asset. Here, there are now multiple levels to watch that could determine the next steps for the Ethereum price. Ethereum Price Close To Critical Demand Zone After falling back below $4,300 over the weekend, the Ethereum price is now trading very close to a critical demand zone. Crypto analyst ProfitMagnet highlights this in a TradingView analysis, showing the possibilities for the Ethereum price as it looks to test this zone. So far, the Ethereum price has been consolidating between $4,200 and $4,300 after having faced resistance from $4,600-$4,800 in the last month. This has now led to what is the defining factor for the next phase of the move, and whether an uptrend or a downtrend will dominate. Assessing the current momentum, the crypto analyst notes that the recent uptrend was being supported by the bullish trendline starting from the August lows. However, there is still the matter of the bearish trendline that continues to limit the upward momentum, thereby putting a damper on the rally. At this point, it is now simply a matter of what level the Ethereum price retests, and what it successfully breaks through. From here, holding the demand above $4,300 is important if the bulls want to continue the rally. If they are successful, then the analyst does see the Ethereum price making its way back to $4,600-$4,800. However, on the flip side of this is the bears taking over and forcing a retest of the demand level. This would happen if bulls were unable to sustain the current demand, leading to a breakdown in the price. From here, the next major level would be the support at $4,000, pushing the Ethereum price toward the next major psychological level. What this trend shows is that while the market is leaning bullish, the bulls still have a relatively weak hold, meaning it could go sideways at any point. “The structure suggests a potential bullish reversal, but confirmation is required with a break of the bearish trendline and demand reaction,” the crypto analyst said.

On Tuesday, gold reached another record, driven by increased bets on a wave of Federal Reserve rate cuts this year. The price of gold rose by 0.6%, reaching a new historic high of over $3,659 per ounce, surpassing the previous high set on Monday. Over the last two sessions, prices rose by 2.5% after unexpectedly weak US employment data on Friday prompted traders to price in at least two rate cuts this year, including a quarter-point cut at the upcoming Federal Reserve meeting next week. Investors are betting that lower interest rates will make gold a more attractive asset since it does not yield interest. Recall that gold has traditionally been considered a safe-haven asset during times of economic uncertainty. During periods of inflation or recession, investors often turn to gold to preserve their capital. The current economic situation, characterized by inflation remaining above target and slowing economic growth, supports the increased demand for gold. However, some experts warn that one should not blindly follow the trend. The situation in financial markets can change quickly, and gold does not always guarantee protection against losses. They recommend diversifying investment portfolios and not relying solely on gold as a means of preserving capital. Whether gold can continue its rally, fueled by the prospect of rate cuts, depends on the revision of US employment data to be published later on Tuesday, as well as the tone of producer and consumer inflation data in the US on Wednesday and Thursday. The market's reaction to auctions of short-term and long-term Treasury bonds will also be closely watched. This year, gold has appreciated by nearly 40% due to central bank purchases, speculation on rate cuts, and increased demand for safe-haven assets amid rising geopolitical tensions and concerns about the impact of President Donald Trump's tariffs on the global economy. Criticism of the Fed's independence by the US president has also contributed to gold's three-year rally. Analysts and investors generally expect further gold price increases. Goldman Sachs Group Inc. has stated that the price of the precious metal could rise to nearly $5,000 per ounce if investors move even a small portion of their assets from Treasuries into gold bullion due to signs of increased political intervention in the central bank. As for the current technical picture for gold, buyers need to take out the nearest resistance at $3,640. This will allow a move toward $3,682, above which breaking through will be quite challenging. The furthest target is the $3,720 area. If gold falls, bears will attempt to take control of $3,600. If they succeed, a break of this range will deal a serious blow to the bulls' positions and push gold down to a low of $3,562 with potential to reach $3,526. The material has been provided by InstaForex Company - www.instaforex.com

US stock indices closed higher yesterda. The S&P 500 rose by 0.21%, while the Nasdaq 100 gained 0.41%. The industrial Dow Jones strengthened by 0.25%. On Tuesday, global indices continued to rise for the fifth consecutive day as optimism over US rate cuts spread to Asia and triggered a wave of buying in technology stocks. Asian markets responded to positive signals from the United States, where investors increased expectations for Federal Reserve monetary easing. The MSCI Asia Pacific index, excluding Japan, showed solid growth. The yield on 10-year Treasuries rose by 1 basis point to 4.05%. The dollar weakened, while gold hit another record high. Particular attention was drawn to technology stocks, traditionally considered sensitive to interest rate changes. Lower rates stimulate investment in high-tech sectors, improving profitability prospects and supporting business expansion. Companies engaged in artificial intelligence, cloud technologies, and semiconductors found themselves in a favorable position. Technology firms such as Taiwan Semiconductor Manufacturing Co. and Alibaba Group Holding Ltd. contributed to gains in Asian indices. Stocks in South Korea, Taiwan, and Hong Kong also jumped, while Indonesian equities declined following the resignation of the long-serving finance minister. US futures rose after the S&P 500 held near record highs, while European contracts declined amid political turmoil in France. Recall that in France, Prime Minister Francois Bayrou received a no-confidence vote in parliament, leading to the third change of government in just over a year. The country's bond futures fell as investors anticipated the appointment of a new prime minister. In Japan, the aftermath of Prime Minister Shigeru Ishiba's resignation was felt across markets. The Nikkei 225 index hit a new intraday high on Tuesday but later slipped into negative territory during the session. Government bonds strengthened after Monday's decline, as Ishiba's decision to step down reinforced expectations of looser fiscal policy. In the coming days, investors are likely to focus on developments in the United States. Inflation data will help clarify the trajectory of interest rates not only for the Fed but also for Asian central banks, including the People's Bank of China. Ahead of next week's Fed meeting, the core consumer price index is expected to show a 0.3% increase in August on Thursday, marking the second consecutive month of gains. Oil prices rose for the second straight day as investors assessed the potential demand impact after Saudi Arabia cut prices on most of its crude grades. Iron ore advanced for the sixth consecutive session, approaching its highest close in more than six months amid expectations of stronger demand from China. As for the technical picture of the S&P 500, the main task for buyers today will be to break through the nearest resistance level of $6,505. This would allow for further upside and open the way toward the next level at $6,520. An equally important objective for bulls will be to keep control over the $6,540 mark, which would strengthen buyers' positions. In case of a downside move amid weakening risk appetite, buyers will need to step in around $6,490. A break below this level would quickly push the instrument back to $6,473 and open the road toward $6,457. The material has been provided by InstaForex Company - www.instaforex.com