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Marimaca Copper (TSX: MARI) (ASX: MC2) has secured approximately A$80 million ($53 million) in funding commitment from investors outside of Canada for its projects in Chile’s Antofagasta region. Under the brokered placement announced last week, Marimaca plans to sell approximately 8.25 million CHESS Depositary Interests (CDI) on the Australian market at A$9.70 per CDI. New institutional investors as well as existing shareholders are expected to participate, with demand significantly exceeding the targeted quantum, the company said. The Vancouver-based copper developer currently has a diverse shareholder register that includes Greenstone, Assore International and Mitsubishi. The CDI placement is expected to settle on Thursday, September 4, followed by allotment the next trading day. Exploration funding As detailed in its press release, the company intends to use the net proceeds for exploration at its Pampa Medina project and Marimaca sulphide target, both of which are viewed as growth options to support its main oxide deposit. Additionally, the funds will be used for design and engineering, as well as project-related workstreams at the Marimaca oxide deposit. In August, the company published a definitive feasibility study for the oxide deposit that outlined a 13-year, open-pit mine capable of producing 50,000 tonnes of copper cathodes per year. Pre-production capital is pegged at $587 million (or about C$812 million), implying a capital intensity of about $11,700/tonne of copper annually. This would place Marimaca on the low-end of the global scale. In a recent interview with The Northern Miner, CEO Haydn Locke said its oxide project “is very financeable,” and the company has proposed a capital structure that focuses on debt. Assuming no permitting and supply chain delays, construction could begin during the course of 2026, Locke added.

Canadian miner Vizsla Silver (TSX, NYSE: VZLA) hired Australia’s Macquarie Bank as lead arranger of a $220 million maximum financing package for the construction and development of the Panuco silver-gold project in Mexico. Macquarie is to act as sole underwriter of the project finance facility, keeping a 70% interest and syndicating the rest, according to a Vizsla statement released Friday. Macquarie will be responsible for coordinating the syndication process and ongoing project monitoring. Combined with about $200 million of cash on the company’s balance sheet following an equity financing in June, “Vizsla is well positioned to fully fund the $224 million capex estimate from the Panuco preliminary economic assessment,” BMO Capital Markets analyst Kevin O’Halloran said in a note. News of the financing package comes as Vizsla works on a feasibility study for Panuco, which it plans to finish by the end of the year. The study will help management reach a construction decision and first silver by 2027, CEO Michael Konnert told The Northern Miner in a July interview. Large resource Located in southern Sinaloa, near the city of Mazatlán, Panuco hosts the world’s largest undeveloped, high‑grade silver resource. It holds 13 million measured and indicated tonnes grading 2.5 grams gold per tonne and 307 grams silver for 1 million oz. gold and 127 million oz. silver. It also has 10.5 million inferred tonnes at 1.9 grams gold and 219 grams silver for 660,000 oz. gold and 73.6 million oz. silver, including lead and zinc credits. A PEA released last year gave the project a post‑tax net present value of $1.14 billion, based on a 5% discount rate. It used $26-per-oz.-silver and $1,975-per-oz.-gold to achieve an 86% internal rate of return, a nine‑month payback and a capex ratio of 5.1 to 1. Closing of the financing package is expected in the first quarter of next year, Vizsla said. The facility is expected to carry an interest rate of 10% during construction, which will decline after the start of production. Early drawdown Provided certain conditions are met, Vizsla may make an early drawdown of $25 million that would provide immediate funding for early development and construction preparation. Remaining funds are to be tied to the feasibility study, equity funding and permitting, and become available when a construction decision has been made. Vizsla says it received significant interest from several banks and alternative lenders in North America and Europe. Each offered “highly competitive” terms, according to the company. “Macquarie brings deep expertise in structuring project financing for large-scale mining developments, reinforcing Panuco as a globally recognized, financeable asset,” Vizsla CEO Michael Konnert said in the statement. “Securing this debt financing mandate brings us one step closer to de-risking Panuco into production.” Vizsla shares rose 0.2% to C$5.18 in Monday afternoon trading in Toronto, giving the company a market value of about C$1.8 billion. The stock has traded between C$2.33 and C$5.34 in the past year.

For GBP/USD, the wave pattern continues to indicate the formation of a bullish impulse structure. The wave picture is almost identical to EUR/USD, since the only "culprit" remains the dollar. Demand for it is declining across the market in the medium term, so many instruments are showing nearly the same dynamics. At present, wave 4 is presumably complete. If this is correct, the instrument will continue rising within impulse wave 5. Wave 4 could take on a five-wave form, but this is not the most likely scenario. It should be remembered that much in the currency market now depends on Donald Trump's policies, and not only in trade. From time to time, positive news emerges from the U.S., but the market constantly has in mind the overall uncertainty in the economy, Trump's contradictory decisions and statements, and the hostile, protectionist stance of the White House. Global tensions persist, and the U.S. economy continues to face problems. The GBP/USD rate rose by 40 basis points on Monday after a pullback from Friday's high. Recall that on Friday, the market was once again disappointed by U.S. economic data, which dispelled doubts about the Federal Reserve easing monetary policy in September. At the moment, the probability of a rate cut, according to CME FedWatch, stands at 90%—the same as before the release of payrolls and unemployment data. The probability of a 50-basis-point cut has also barely changed at 67%. Market participants do not believe in three rounds of easing at the remaining three meetings—just 7.2% probability. However, two rounds of easing, which Jerome Powell and the entire FOMC have been talking about since the start of the year, are also bad news for the U.S. currency. Two cuts or three—this no longer matters, because the Bank of England has likely paused its easing cycle due to high inflation, while the U.S. economy faces serious challenges, economic indicators are deteriorating, and the market now worries about uncontrolled rate cuts in 2026, when Powell will leave his post. Most importantly, the wave pattern is so clear and simple at the moment that I can only expect continued GBP/USD growth. Very often, the market shows wave structures that are so complicated they add no value to forecasting, but now everything looks almost perfect. Wave 2 of 5 took on a three-wave form, and the failed attempt to break through the 127.2% Fibonacci level caused a sharp rebound from the lows. Thus, nearly all factors and types of analysis continue to point to buyers' advantage. General conclusions The GBP/USD wave picture remains unchanged. We are dealing with a bullish, impulsive section of the trend. Under Donald Trump, the markets may face many more shocks and reversals, which could seriously affect the wave picture, but for now the working scenario remains intact. The targets of the bullish section are now around 1.4017. At the moment, I assume the formation of corrective wave 4 is complete. Wave 2 of 5 may also be complete or nearing completion. Therefore, I recommend buying with a target of 1.4017. Key principles of my analysis: Wave structures should be simple and clear. Complex structures are hard to trade and often change.If you are not confident in what is happening in the market, it is better to stay out.One can never have 100% certainty in market direction. Always remember to use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The crypto market slipped into a risk-off mood over the weekend as the Crypto Fear & Greed Index fell to 44, moving from Neutral into Fear. Traders Shift Toward Large Caps Santiment said a heavy focus on large-caps can signal more cautious behavior among traders. Based on reports, that pattern was visible on Saturday when market activity narrowed and attention tightened around the biggest tokens. According to data firm Santiment, traders are pulling money out of obscure altcoins and putting it back into major names like Bitcoin, Ether, and XRP. Bitfinex analysts added that a broader return of momentum to smaller coins may wait until more spot crypto ETFs launch later this year. Price Moves Are Mixed According to Coingecko, Bitcoin is down 5% over the past month while Ether has risen 9% over the same period. The wider altcoin group is under pressure, even as a few tokens show isolated strength. CoinMarketCap’s Altcoin Season Index stood at 56 on Sunday, a level that technically meets the threshold for Altcoin Season when comparing the top 100 altcoins versus Bitcoin over a 90-day window. Altcoin Season And The Shakeout Some traders see the current pullback as a cleansing move. Trader Rekt Fencer said, “This is the final shakeout for altcoins,” pointing to falling volumes and nervous sentiment. That view is echoed by other market watchers who note that lower volumes can exaggerate price swings and make smaller tokens more volatile. Meanwhile, traders waiting for new inflows say they are watching ETF rollouts as a potential trigger for renewed interest in lower-cap assets. Short-Term Risk Views And Cycle Warnings Market technician Daan Crypto Trades described Bitcoin’s price action as “undecisive” and warned it could sweep monthly lows to flush out late long positions. The analyst added that such a move should then cause some fear of it losing $100,000. Other analysts urge caution about drawing firm patterns from past cycles. PlanC warned that relying on just three previous halving cycles is misleading, writing that anyone who expects Bitcoin to have to peak in Q4 this year “does not understand statistics or probability.” Michael van de Poppe offered a counterpoint, arguing that altcoins are “extremely undervalued” versus past cycles and that 2025 may play out very differently. Featured image from Meta, chart from TradingView

Most Read: WTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output Hike Bitcoin (BTC/USD) has been moving higher at a grind since the beginning of September and is up nearly 2% over the last two days. Friday saw a significant spike for Bitcoin in a similar manner to Gold and other US Dollar denominated assets, but in the case of Bitcoin, the gains were surrendered before the end of the day. Whales are Offloading Coins at the Fastest Pace Since 2022 According to @caueconomy on X and on-chain data, in the last thirty days, whale reserves have fallen by more than 100,000 BTC, signaling intense risk aversion among large investors. This selling pressure has been penalizing the price structure in the short term, ultimately pushing prices below US$108,000 last week. At this time, we are still seeing these reductions in the portfolios of major players, which may continue to pressure Bitcoin in the coming weeks. Source: CryptoQuant The activity by whales may be concerning for market participants. Especially if institutions continue to dump holdings but this may be more clear once we see the ETF flows over the last week or so. Bitcoin ETF Flows The ETF flows through to Friday last week finished net positive after two strong days on Tuesday and Wednesday. Net outflows on Thursday and Friday were negative but not greater than the inflows earlier in the week. This shows that demand still remains in the market after the recent selloff. As a further nod to confidence, ETF flows were strong in the last week of August as well. Source: Farside Investors Strategy Expands Bitcoin Holdings Last week, two public companies, Strategy and Metaplanet, bought over $230 million worth of Bitcoin. According to their separate announcements, their combined purchase of 2,091 Bitcoins was about two-thirds (66%) of all the new Bitcoins created by miners during that time. On September 8, Strategy announced it had bought 1,955 of those Bitcoins for $217.4 million, which was about 62% of all the coins mined that week. After this purchase, Strategy's total Bitcoin holdings reached 638,460, valued at $71.6 billion. This means the company has an estimated profit of about 51.8% on its total investment of $47.17 billion. The company stated in a filing that it used money from its stock program, which raised capital from Strife, Strike, and MSTR stock, to fund the purchase. In 2025 alone, Strategy has raised more than $19 billion to buy Bitcoin. Moving forward, later this week and US CPI data will have an impact on rate cut expectations for the Fed meeting next week. This could be another catalyst for Bitcoin with a weak CPI print likely to help Bitcoin continue its advance. Technical Analysis - BTC/USD From a technical perspective, Bitcoin is hovering just below a key area of resistance at 112916. The last two days has seen Bitcoin rise near 2%, however there are some signs that could worry bulls in the short term. The current four-hour candle looks set to close bearish and as a inside bar which could hint at some short-term downside. This could bring the RSI period-14 to retest the 50 neutral level and this could be used to gauge the next move for Bitcoin. A break below the 50 level could be a sign of growing bearish momentum with a retest of recent lows at 109500 and 108000 becoming a possibility. A bounce of the 50 level could be the precursor for a move beyond the 112916 handle before markets begin eyeing resistance at the 115000 and 117000 handles. Bitcoin (BTC/USD) Four-Hour Chart, September 8, 2025 Source: TradingView.com (click to enlarge) 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.

All eyes are laying on one asset class in Markets: Precious Metals The usual suspect: Gold, A.K.A. The Bullion (or just "bully" for people who are caught short). Gold has always been a very complex asset. It does not have a face value yet it serves as store of value for many Central Banks. It cannot be eaten yet people always starve for it. And these days, it not-only is at the center of the 2025 Trump-Administration deglobalization theme but also a good edge against every potential catalyst against positive sentiment this year: Rate cuts? Wars? Fiscal catastrophes? Political instability (France, Japan, US, UK, ...) Bonds haven't seen much demand since the end of the 2022 hike cycle and stocks are at all-time highs, therefore the question is more one of currency-debasing rather than a purely risk-off Market. Metals had been stabilizing and correcting from their relative highs as war situations seemed to be resolving, central banks had cut their purchases and a signs of higher-than-projected inflation pushed the FOMC to hold their rates higher (typically negative for Gold as a non-yielding assets). However, Markets had calmed from their higher term overbought conditions. The latest change in Powell's tone at Jackson Hole followed by an increasingly compromised FED Independence led to a massive rebound in metals, propulsed by both Gold and Silver. Let's attack a high to intraday timeframe analysis for Gold as it keeps breaking records, and identify levels of interest. Read More:Silver Price: XAG/USD poised to extend gains further, support likely at $40.60US indices remain uncertain ahead of CPI data – S&P 500, Nasdaq and Dow Jones outlookMulti-timeframe analysis for Gold, starting from the Weekly to intradayGold Weekly timeframe Gold Weekly Chart, September 2025, Source: TradingView Taking a look back to the weekly charts really helps to see how significant this ongoing move in Gold is. Some key levels and their significant events point to what trends or themes helped Gold to rally so much and actually find its own local tops. The latest one, leading to a consolidation between May to end-August 2025 was due to uncertainty on the real impact of tariffs. They hadn't seemed to hurt economies yet, particularly the US and conflicts were resolving at the same time (Israel-Iran, easing conflict in Eastern Europe... This one aged like fine milk). The current move seems to form a typical 3 legged impulsive move with the 3rd one starting most recently. Elliott Wave analysis, which is very useful to evaluate trending markets, helps to check the state of a current trend and the usual 3rd impulsive tends to be the final one. The one question is: Where and how could it stop? There's an infinity of potential answers but some key changes of theme would be necessary: A more restrictive US balance sheet, forcing other governments to do the same; conflicts resolving, particularly the ongoing technology cold-war between the occident (G7) and the orient (Russia, China) or more simply a re-globalization; Finally, Central Banks Independence (i.e. the FOMC) being able to reborn. Gold Daily Chart Gold Daily Chart, 8 September 2025, Source: TradingView There is a lot to see on this daily chart but focus on these few elements: The technical uptrend from October 2024 into the April 22nd 2025 $3,500 top in overbought conditions led to a 4-month consolidation which took the RSI back to neutral and now, the ongoing up-trend is heading back to overbought. Remember that overbought don't mean a top, particularly in such strong trends: A tight bull channel (no red candle closing below the prior green) shows that the current price discovery is one of bullish dominance. Any such bear candle may attract further mean-reversion. However, some wicks are appearing after today's bull candle as the first Fibonacci-induced targets (Yellow Zone) is getting reached. The timing coincides with Markets needing to know if the FOMC cut will be a 25 bps (consolidation/slight selloff in Gold ceteris paribus) or a 50 bps (dovish FED = metals keep flying). The answer will be found in this week's Inflation data release (PPI and CPI). Levels of interest for Gold trading: Support: $3,400 to $3,500 past ATH Zone, Now Pivot/Support$3,300 Major Support$3,000 Main psychological level Resistance and potential technical targets (due to all-time highs, can only use potential targets): Current session highs and ATH $3,646Fibonacci-Extension 1 from April Lows to April highs ($3,640 to $3,705) (yellow square)Potential, Fibonacci-Extension 2 from 2018 to Oct 2024 induced target: $3,750 to $3,815 (Purple square on Weekly)Gold 4H Chart Gold 4H Chart, 8 September 2025, Source: TradingView One highlight of this 4H intraday chart is to see how small reversals don't imply bigger trend reversals. Generally, longer term reversals show signs of forming and (tend to) start with a slowdown in the trend, except for a fundamental black swan. We are however reaching a potential fib-target, which may imply some slowing in the buying in the waiting of US Inflation data – Do consider that the tight bull channel is still active. 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. © 2025 OANDA Business Information & Services Inc.

Solana (SOL) is once again back in the spotlight as bullish momentum returns to the crypto market. After briefly touching $212 last week, the altcoin retraced to around $209 but has held strong, sparking renewed optimism among traders. Analysts now see a potential rally toward the $250 level, supported by growing institutional flows and speculation around a Solana spot ETF. Bitget Wallet’s CMO Jamie Elkaleh noted that “ETF conversations around SOL are further amplifying interest,” pointing to the more favorable regulatory tone emerging in the U.S. Market watchers believe a Solana ETF could drive adoption at scale, positioning SOL as one of the strongest altcoins to buy ahead of the next wave of institutional products. Solana ETF Buzz Fuels Momentum for Altcoins Solana isn’t the only digital asset grabbing attention. Wall Street analysts increasingly expect the U.S. SEC to broaden ETF approvals beyond Bitcoin and Ethereum. Among the top contenders are Solana, XRP, and Cardano, three coins that already boast high liquidity and established derivatives markets. Bloomberg’s James Seyffart suggested that assets like Solana and XRP are “well-positioned to qualify under existing listing rules,” with institutional demand likely to surge once funds launch. If approved, the introduction of a Solana ETF could trigger a demand shock, unlocking new inflows and strengthening its long-term market structure. Why Traders Are Watching SOL Closely Beyond ETF speculation, Solana’s on-chain growth continues to capture attention. The network recently hit a milestone with Real World Assets (RWAs) surpassing $500 million, underscoring growing institutional adoption of tokenized traditional assets. At the same time, Solana has maintained strong trading activity, with daily DEX volume reaching nearly $7.93 billion, even outpacing Ethereum. On the technical front, SOL is showing signs of resilience. Trading at around $209.30, the token sits comfortably above key moving averages, with the 7-day SMA at $206.70 providing immediate support. Analysts are watching the $218 resistance level closely, as a breakout could open the door to higher targets between $230 and $250. The RSI at 56.27 points to sustainable momentum with room for further upside before reaching overbought territory. While short-term signals like a slightly bearish MACD histogram suggest caution, traders remain confident that Solana’s strengthening fundamentals, combined with ETF anticipation, could fuel the next major rally. Cover image from ChatGPT, SOLUSD chart from Tradingview

Benefitting from a weak nonfarm payrolls report last week, recent demand for precious metals has secured a fresh yearly high for silver, trading at around $41.2708 at the time of writing. Silver trades +0.68% higher in today's session. Silver (XAG/USD): Key takeaways from today’s session With last week’s price action representing silver’s best weekly performance since early June, US labour data significantly missing expectations has further increased rate cut bets, benefitting non-yielding precious metalsOtherwise, persistent inflation, spiralling US debt, and generalised lack of economic confidence are offering a significant tailwind to silver pricingSilver (XAG/USD): September Fed rate cut virtually ‘nailed-on’ after poor labour data Ending last week in spectacular fashion, August’s NFP report fell short of expectations significantly, offering some upside to silver, which ended Coming in some 50,000 openings below consensus, at 22k, the result not only represents a worse-than-expected result, but also signifies the fourth consecutive month where job growth has been virtually flat. While this is, quite literally, yesterday’s news, the report has all but confirmed that the Federal Reserve will cut target rates in its upcoming decision, aiming to kickstart an otherwise struggling labour market. Notwithstanding, recent dovish commentary from the Federal Reserve has also fed into the same narrative. CME FedWatch, 08/09/2025 At the time of writing, CME FedWatch rates a 25 bps cut at an 88.4% probability, which indicates a rare level of confidence in the Fed’s next decision. As expected, a non-yielding asset such as silver stands to benefit from any suggestion that rate cuts are becoming more likely, as proven by price action on Friday. At least for now, upside seems to have continued somewhat into this week’s trading. Silver (XAG/USD): Safe-haven flows and inflationary pressures still at play While the dollar looks set to continue its downtrend, it would be fair to say markets remain wary of the US economy, in no small part thanks to questions surrounding current sovereign debt, trade agreements and inflation. For now, these questions largely remain unanswered. This uncertainty dampens risk appetite, significantly boosting precious metal gains, a phenomenon seen for much of this year. In the latter case, sticky inflation, at least in a vacuum, is favourable for silver pricing, with many looking to precious metals as a means of hedging inflation. While heightened inflation can sometimes be met with a rate hike, typically silver negative, a struggling labour market will almost certainly force the Fed’s hand in cutting rates this time around. Coupled with renewed safe-haven flows on general recession fears, at least in the short term, one outcome is a two-sided tailwind helping bolster further precious metal gains - silver included. Silver (XAG/USD): Technical analysis - 08/09/2025 Silver (XAG/USD), OANDA, TradingView, 08/09/2025 On the daily timeframe, current price action remains well supported. If price can stay above $40.60, bulls will likely target $42.72 in the near term Read the latest coverage from MarketPulse: US indices remain uncertain ahead of CPI data – S&P 500, Nasdaq and Dow Jones outlook 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.

Despite recent volatility and price swings, XRP has remained firm above critical support levels, with technical indicators suggesting a possible breakout. Crypto analysts who closely monitor momentum on the daily time frame, particularly the Relative Strength Index (RSI), indicate that XRP bulls are regaining strength, paving the way for a potential move above the $ 3.60 mark. RSI Turns Bullish As XRP Eyes Higher Levels In his latest analysis on X social media, crypto market expert Dark Defender noted that XRP’s price structure is holding steady above essential support zones, with the $2.85 level emerging as a pivotal point in the current cycle. Previously identified as strong support, $ 2.85 has now flipped into a resistance barrier. A sustained push above this threshold could unlock a path toward $3 and beyond, ultimately setting the stage for a potential retest of the $3.6 weekly resistance line. At the time of writing, the price of XRP is $2.87, meaning a surge above $ 3.60 would represent a significant increase of more than 25%. On the daily chart, XRP has completed a corrective ABC pattern, with the recent bounce from the $2.74 level marking the start of a new upward wave. The RSI indicator has begun trending upward from oversold conditions, signaling renewed buying momentum. This bullish divergence strengthens the case for a potential breakout rally, provided that price maintains its footing above the retracement levels of 23.6% and 38.2%. Currently, momentum indicators suggest that XRP’s next target lies in the $2.85 and $3 zone, with the possibility of a stronger increase if volume supports the move. Dark Defender’s analysis underscores that although XRP’s price action remains slow and consolidating, its structure continues to align with bullish technical signals, reinforcing expectations of further upside in the near term. Analyst Signals Caution As XRP Exchange Reserves Spike Crypto analyst Greg Miller has announced on X that XRP exchange reserves have surged to a one-year high—a development often interpreted as a sign of selling pressure. Sharp increases in reserves typically suggest that more tokens are being moved onto centralized platforms, with investors possibly preparing for liquidation. The CryptoQuant‘s chart reveals a clear divergence between XRP’s exchange holdings and price action. While the cryptocurrency is consolidating around the $2.7 to $2.9 range, the sharp uptick in reserves reflects growing caution among investors. Historically, similar trends have preceded price corrections, and XRP’s earlier breakdown from the $2.74 level confirms that bearish momentum has not fully dissipated. According to Miller, the surge in reserves introduces a significant risk in September. While some technicals favor an upside breakout, the heavy supply in exchanges could cap gains prematurely, stalling any meaningful rally. Without a surge in demand to absorb inflows, Miller argues that XRP’s recovery toward $3 or higher remains unlikely.

How do retirement account withdrawals affect my Social Security taxes? Quick take: This guide explains how retirement withdrawals affect Social Security taxes via provisional income thresholds, timing, and account type—plus tactics to legally reduce the tax bite. Key takeaways Provisional income determines if up to 50%–85% of benefits become taxable. Traditional IRA/401(k) withdrawals raise AGI and can trigger taxation of benefits. Roth IRA withdrawals (qualified) are not included in AGI and don’t raise provisional income. Timing matters: spreading withdrawals and coordinating with RMDs can lower taxes. Plan ahead with conversions, QCDs, and drawdown sequencing to manage brackets. Understanding the interplay between retirement account withdrawals and Social Security taxes is crucial for retirees aiming to maximize their benefits while minimizing tax liabilities. As the landscape of retirement income evolves, it becomes increasingly important to navigate these financial waters with clarity and strategy. This article will explore how withdrawals from retirement accounts can impact your Social Security taxes, providing insights and actionable advice to help you make informed decisions. The Basics of Social Security Taxation Social Security benefits are not entirely tax-free. In fact, a significant portion of retirees may find themselves paying taxes on their benefits. According to the Center for Retirement Research at Boston College, approximately 56% of retirees were taxed on a portion of their benefits in 2020. Understanding the thresholds and rules governing this taxation is essential for effective financial planning. Income Thresholds for Taxation The taxation of Social Security benefits is determined by your combined (provisional) income, which includes your adjusted gross income, non-taxable interest, and half of your Social Security benefits. If your combined income exceeds certain thresholds, you may be required to pay taxes on your benefits. For single filers, this threshold is $25,000, while for married couples filing jointly, it is $32,000. Provisional income thresholds at a glance Filing status Threshold 1 Threshold 2 Portion of benefits subject to tax Single $25,000 $34,000 Up to 50% between thresholds; up to 85% above Threshold 2 Married filing jointly $32,000 $44,000 Up to 50% between thresholds; up to 85% above Threshold 2 Marginal Tax Rates vs. Tax Brackets When planning withdrawals from retirement accounts, it is vital to consider your marginal tax rate rather than just your tax bracket. As noted by William Reichenstein, Head of Research for Retiree Income at Social Security Solutions, understanding your marginal tax rate can help you make more tax-efficient decisions regarding fund withdrawals. This approach allows retirees to minimize their tax liabilities while maximizing their income. Impact of Retirement Account Withdrawals Withdrawals from retirement accounts, such as 401(k)s and IRAs, can significantly influence your tax situation and, consequently, your Social Security benefits. The timing and amount of these withdrawals can either exacerbate or alleviate your tax burden. Taxable Withdrawals and Their Effects Most withdrawals from traditional retirement accounts are considered taxable income. This means that any funds you withdraw will be added to your combined income, potentially pushing you over the income thresholds that trigger taxation on your Social Security benefits. For instance, if you withdraw a substantial amount from your 401(k) in a given year, it could result in a higher tax liability on your Social Security benefits. Example: how a withdrawal can trigger benefit taxation Illustration: Suppose a married couple has $20,000 AGI (excluding Social Security), $0 in nontaxable interest, and $30,000 in Social Security benefits. Their provisional income is $20,000 + (½ × $30,000) = $35,000—above the first $32,000 threshold—so a portion of benefits becomes taxable. A $15,000 traditional IRA withdrawal would lift provisional income to $50,000, potentially causing up to 85% of benefits to be taxed. Strategies for Tax-Efficient Withdrawals To mitigate the tax impact of retirement account withdrawals, retirees should consider several strategies: Stagger withdrawals: Spread distributions across years to remain under key thresholds when possible. Use Roth strategically: Qualified Roth IRA withdrawals are not included in AGI and don’t increase provisional income. Coordinate with RMDs: Plan before required minimum distributions begin to avoid bracket creep. Consider conversions early: Pre-claiming Roth conversions can shift future income out of AGI years when you take benefits. Leverage QCDs (70½+): Qualified charitable distributions from IRAs can satisfy RMDs without raising AGI. Monitor income mid-year: Track provisional income so there are no surprises at tax time. Recent Developments in Tax Relief for Retirees Recent legislative changes have introduced new opportunities for retirees to manage their tax liabilities. The One Big Beautiful Bill (OBBB) has introduced a temporary $6,000 deduction for retirees under specific income limits, providing much-needed tax relief. Understanding how to leverage this deduction can further enhance your financial strategy. Eligibility for the OBBB Deduction To qualify for the OBBB deduction, retirees must meet certain income criteria. This deduction can significantly reduce taxable income, allowing for more favorable tax treatment of Social Security benefits. It is essential to stay informed about these eligibility requirements to take full advantage of available tax relief. Planning for Future Tax Changes As tax laws continue to evolve, retirees must remain vigilant and adaptable. Keeping abreast of potential changes in tax legislation can help you adjust your withdrawal strategies accordingly. Engaging with a financial advisor can provide personalized insights tailored to your unique financial situation. Understanding Social Security Benefits A recent study revealed a concerning gap in Americans’ understanding of Social Security, with only 11% aware of their expected monthly benefit. This lack of knowledge can lead to poor financial planning and unexpected tax liabilities. It is crucial for retirees to educate themselves about their benefits and how they interact with other sources of income. Average Social Security Benefits As of 2025, the average monthly Social Security paycheck is approximately $1,980, translating to an annual total of about $23,760. For many retirees, especially those with a household income of less than $50,000, Social Security serves as a primary source of retirement income, with 52% relying on it as their main financial support. Strategies for Maximizing Social Security Benefits To maximize Social Security benefits, consider the following strategies: Delay benefits: If possible, delay claiming until full retirement age or later for a higher monthly payout. Coordinate spousal strategies: Understand spousal/survivor benefits to optimize household income. Audit your record: Review SSA statements annually for accuracy and benefit estimates. Conclusion Navigating the complexities of retirement account withdrawals and their impact on Social Security taxes requires careful planning and informed decision-making. By understanding the tax implications of your withdrawals, leveraging available deductions, and maximizing your Social Security benefits, you can create a sustainable financial strategy for your retirement years. Key Takeaways 56% of retirees pay taxes on their Social Security benefits. Consider your marginal tax rate when planning withdrawals. Utilize strategies to minimize the tax impact of retirement account withdrawals. Stay informed about recent tax relief developments, such as the OBBB deduction. Educate yourself about your Social Security benefits and how to maximize them. FAQs Do Roth IRA withdrawals affect Social Security taxation? Qualified Roth IRA withdrawals are not included in AGI and therefore do not raise provisional income or increase the taxation of Social Security benefits. Will RMDs make more of my Social Security taxable? Yes. RMDs from traditional IRAs/401(k)s raise AGI, which can push provisional income above thresholds and increase the portion of benefits subject to tax. Are Social Security tax thresholds indexed for inflation? No. The $25,000/$32,000 thresholds have remained unchanged for decades, pulling more retirees into taxation as other income rises. What are quick ways to reduce the tax bite? Coordinate Roth conversions before claiming, use QCDs at 70½+, spread withdrawals, and manage investment income in high-benefit years. Important: Tax rules change. Confirm current legislation and your eligibility for deductions or strategies with a qualified advisor. The post How do retirement account withdrawals affect my Social Security taxes? first appeared on American Bullion.

Canadian pension fund La Caisse, together with Australia’s Clean Energy Finance Corp. (CEFC), is investing A$250 million in the launch of a diversified agricultural platform designed to generate Australian carbon credit units (ACCUs). The platform — named Meldora — will combine sustainable agricultural production with large-scale environmental plantings under the ACCU scheme, a joint statement said on Monday. Underpinning the investment is a commitment by global miner Rio Tinto (ASX: RIO) to serve as a “foundational offtaker” for the carbon credits generated by Meldora. The firm’s aim is to halve its scope 1 and 2 emissions by 2030 from 2018 levels, and the credits are expected to account for up to 10% of the reduction. The Meldora platform will be managed by Australian agriculture and natural capital asset manager, Gunn Agri Partners (GAP). As its first asset, Meldora has purchased a farm of over 15,000 hectares in central Queensland to practice sustainable agriculture and carbon capture and storage. Under the “environmental plantings” methodology for ACCUs, native vegetation is planted and maintained for a minimum of 25 years for some projects and as long as a century for others, providing long-term carbon sequestration and biodiversity benefits. “This investment is a timely step toward advancing resilient, climate-smart agriculture in Australia, while delivering measurable environmental and economic value,” said Emmanuel Jaclot, EVP and head of infrastructure and sustainability at La Caisse, which contributed A$200 million of the investment, with CEFC committing an additional A$50 million. “This initiative represents a long-term investment in nature and land-based strategies in Australian agriculture,” Heechung Sung, CEFC’s head of natural capital, added. “It’s a great privilege to again be able to work with La Caisse and GAP to invest in this strategy and alongside Rio Tinto, who have demonstrated with their long-term offtake, a commitment to invest in high-integrity carbon credits.”

Trade review and tips for trading the Japanese yen The price test of 147.98 occurred when the MACD indicator had just begun moving downward from the zero mark, confirming the correct entry point for selling the dollar. As a result, the pair declined toward the target level of 147.43. During the U.S. session, consumer credit data may once again push USD/JPY higher. This is because an increase in consumer credit reflects growing consumer confidence and, consequently, strengthening of the U.S. economy. A strong U.S. economy traditionally supports the dollar. However, it is important to remember that the forex market is influenced by many factors, and while credit statistics matter, they are not the only determinant for USD/JPY. Investor sentiment regarding the monetary policy outlooks of the Federal Reserve and the Bank of Japan will also play a decisive role. Political issues should not be overlooked either. Yesterday, Japan's Prime Minister Shigeru Ishiba announced his resignation. The decision came under pressure from the ruling Liberal Democratic Party, which had been mounting for several weeks following a historic defeat in the upper house elections in July. New candidates for the post could add further market volatility in the USD/JPY pair. As for intraday strategy, I will rely more on Scenarios #1 and #2. Buy Signal Scenario #1: Today, I plan to buy USD/JPY around 147.95 (green line on the chart) with a target at 148.45 (thicker green line on the chart). Around 148.45, I will exit buy positions and open sells in the opposite direction (expecting a 30–35 point pullback from the level). A strong rise in the pair is possible only after robust U.S. data.Important! Before buying, make sure the MACD indicator is above the zero mark and only beginning to rise from it. Scenario #2: I also plan to buy USD/JPY if there are two consecutive tests of 147.60 at the moment when the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. Growth can be expected toward the opposite levels of 147.95 and 148.45. Sell Signal Scenario #1: I plan to sell USD/JPY after breaking below 147.60 (red line on the chart), which will lead to a quick decline in the pair. Sellers' key target will be 147.02, where I will exit sell trades and immediately open buys in the opposite direction (expecting a 20–25 point pullback from the level). Selling pressure on the pair will return if U.S. data comes in weak.Important! Before selling, make sure the MACD indicator is below the zero mark and only beginning to fall from it. Scenario #2: I also plan to sell USD/JPY if there are two consecutive tests of 147.95 at the moment when the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. A decline can be expected toward the opposite levels of 147.60 and 147.02. What's on the chart: Thin green line – entry price for buying the instrument;Thick green line – indicative price for setting Take Profit or closing profit manually, as further growth above this level is unlikely;Thin red line – entry price for selling the instrument;Thick red line – indicative price for setting Take Profit or closing profit manually, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner Forex traders must be very cautious when making entry decisions. Before major fundamental reports are released, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can very quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember: for successful trading, you need a clear trading plan, like the one I presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the British pound The price test of 1.3511 occurred when the MACD indicator had already moved well above the zero mark, which limited the pair's upward potential. The absence of U.K. statistics held back the pound's upward momentum. Technical analysis also points to the possibility of a correction. Overbought signals and divergence on daily charts warn of weakening bullish momentum. A break of key support levels could trigger sellers' activity and strengthen the downtrend. In the second half of the day, traders will focus on U.S. consumer credit data, where overly strong figures could lead to a decline in GBP/USD. This is because robust consumer credit data, as an indicator of strong U.S. consumer demand, strengthens the dollar. Investors, seeing the confidence of U.S. consumers, tend to shift capital into what they perceive as a more stable and promising currency, putting pressure on the pound. In the medium term, GBP/USD will remain under the influence of several forces, with Bank of England policy and inflation expectations in the U.K. playing a key role. As for intraday strategy, I will rely more on Scenarios #1 and #2. Buy Signal Scenario #1: Today I plan to buy the pound around 1.3520 (green line on the chart) with a target at 1.3555 (thicker green line on the chart). Around 1.3555, I will exit buy positions and open sell trades in the opposite direction (expecting a 30–35 point move back from the level). A strong pound rally today is unlikely.Important! Before buying, make sure the MACD indicator is above the zero mark and only beginning to rise from it. Scenario #2: I also plan to buy the pound if there are two consecutive tests of 1.3500 at the moment when the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. Growth can be expected toward the opposite levels of 1.3520 and 1.3555. Sell Signal Scenario #1: I plan to sell the pound after breaking below 1.3500 (red line on the chart), which will lead to a quick decline in the pair. Sellers' key target will be 1.3466, where I will exit sell trades and immediately open buys in the opposite direction (expecting a 20–25 point move back from the level). A strong pound drop is unlikely.Important! Before selling, make sure the MACD indicator is below the zero mark and only beginning to fall from it. Scenario #2: I also plan to sell the pound if there are two consecutive tests of 1.3520 at the moment when the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. A decline can be expected toward the opposite levels of 1.3500 and 1.3466. What's on the chart: Thin green line – entry price for buying the instrument;Thick green line – indicative price for setting Take Profit or closing profit manually, as further growth above this level is unlikely;Thin red line – entry price for selling the instrument;Thick red line – indicative price for setting Take Profit or closing profit manually, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner Forex traders must be very cautious when making entry decisions. Before major fundamental reports are released, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can very quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember: for successful trading, you need a clear trading plan, like the one I presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the euro The price test of 1.1735 occurred when the MACD indicator had already moved well above the zero mark, which limited the pair's upward potential. For this reason, I did not buy the euro. In the first half of the day, the euro received some support from positive data on German industrial production growth. However, unlike the reaction to Friday's U.S. labor market data, there was no significant continuation of the upward move. In the second half of the day, the economic calendar does not contain events likely to cause major market swings. While the release of U.S. consumer credit data is of some interest, it is unlikely to be a decisive factor for the euro's course. Such data usually has less impact than, for example, inflation or employment reports. An increase in this indicator could point to economic strengthening and, consequently, support for the dollar. However, more significant factors are needed for a notable dollar rally. In the absence of strong drivers, EUR/USD is likely to continue consolidating within the current price range, subject only to minor fluctuations caused by speculative trades. Therefore, market participants should remain cautious and take multiple factors into account when making decisions. As for intraday strategy, I will rely more on Scenarios #1 and #2. Buy Signal Scenario #1: Today I plan to buy the euro around 1.1735 (green line on the chart) with the target at 1.1769. At 1.1769, I plan to exit the market and also sell the euro in the opposite direction, expecting a move of 30–35 points from the entry level. A strong euro rally today seems unlikely.Important! Before buying, make sure the MACD indicator is above the zero mark and only beginning to rise from it. Scenario #2: I also plan to buy the euro if there are two consecutive tests of 1.1716 at the moment when the MACD indicator is in the oversold area. This will limit the downward potential of the pair and trigger a reversal upward. A rise can be expected toward the opposite levels of 1.1735 and 1.1769. Sell Signal Scenario #1: I plan to sell the euro after reaching 1.1716 (red line on the chart). The target will be 1.1684, where I will exit the market and immediately buy in the opposite direction (expecting a move of 20–25 points back from the level). Selling pressure may return at any time today.Important! Before selling, make sure the MACD indicator is below the zero mark and only beginning to decline from it. Scenario #2: I also plan to sell the euro if there are two consecutive tests of 1.1735 when the MACD indicator is in the overbought area. This will limit the pair's upward potential and lead to a reversal downward. A decline can be expected toward the opposite levels of 1.1716 and 1.1684. What's on the chart: Thin green line – entry price at which the instrument can be bought;Thick green line – indicative price for setting Take Profit or taking profit manually, as further growth above this level is unlikely;Thin red line – entry price at which the instrument can be sold;Thick red line – indicative price for setting Take Profit or taking profit manually, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner Forex traders must be very cautious when making entry decisions. Before major fundamental reports are released, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-loss orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember: for successful trading, you need a clear trading plan, like the one I presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Today, trading the euro and pound through the Mean Reversion strategy was difficult. Using Momentum, I only traded the Japanese yen, which rose sharply against the U.S. dollar. Strong data on German industrial production supported the euro in the first half of the day. The pound also attempted to rise, but these moves were not very successful. It seems traders preferred to lock in profits after the initial optimism caused by expectations of Fed rate cuts, offsetting the positive impact of individual macroeconomic indicators. Technically, the EUR/USD pair is consolidating in a narrow range, not yet showing a clear direction. A breakout of the upper boundary could open the way for further growth, while a break below support may lead to a decline in quotes. However, in the second half of the day the economic calendar does not suggest major shocks. The release of U.S. consumer credit data is of interest but is unlikely to be the catalyst that can radically change the euro's trajectory. These figures usually carry less weight than inflation or labor market data. Still, even minor fluctuations in consumer credit may provide some insight into Americans' willingness to spend, which in turn can indirectly influence expectations of U.S. economic growth. Nevertheless, stronger fundamental drivers are needed for significant euro strengthening. Investors may be waiting for new signals from the ECB and the Fed, but with central bank meetings approaching, such signals are unlikely. In the absence of major catalysts, the euro will likely continue to consolidate within the current range, subject only to minor fluctuations driven by speculative trades or technical factors. If strong data is released, I will rely on the Momentum strategy. If the market shows no reaction to the data, I will continue using the Mean Reversion strategy. Momentum strategy (breakout) for the second half of the day: EUR/USD Buying on a breakout of 1.1740 may lead to growth toward 1.1781 and 1.1825;Selling on a breakout of 1.1710 may lead to a decline toward 1.1665 and 1.1634.GBP/USD Buying on a breakout of 1.3520 may lead to growth toward 1.3550 and 1.3587;Selling on a breakout of 1.3495 may lead to a decline toward 1.3451 and 1.3416.USD/JPY Buying on a breakout of 147.90 may lead to growth toward 148.44 and 148.75;Selling on a breakout of 147.60 may lead to dollar sell-offs toward 147.35 and 147.00.Mean Reversion strategy (pullback) for the second half of the day: EUR/USD I will look for selling opportunities after a failed breakout above 1.1748 and a return below this level;I will look for buying opportunities after a failed breakout below 1.1704 and a return above this level. GBP/USD I will look for selling opportunities after a failed breakout above 1.3535 and a return below this level;I will look for buying opportunities after a failed breakout below 1.3485 and a return above this level. AUD/USD I will look for selling opportunities after a failed breakout above 0.6606 and a return below this level;I will look for buying opportunities after a failed breakout below 0.6555 and a return above this level. USD/CAD I will look for selling opportunities after a failed breakout above 1.3838 and a return below this level;I will look for buying opportunities after a failed breakout below 1.3803 and a return above this level.The material has been provided by InstaForex Company - www.instaforex.com

Centerra Gold (TSX: CG, NYSE: CGAU) agreed to buy 9.9% of Liberty Gold (TSX: LGD) for about C$28 million to add a stake in a junior miner that’s focused on developing its Black Pine open-pit project in Idaho. The deal disclosed Monday calls for Centerra to acquire just over 50 million Liberty Gold common shares at C$0.56 apiece. This represents a 10% premium to the stock’s five-day volume-weighted average price on the Toronto Stock Exchange and a 5.7% premium to Friday’s close. Centerra gains the right to appoint one board member and maintain its ownership stake in the future, according to a Liberty Gold statement. “We have recently observed a resurgence in interest in domestic projects, particularly those with visibility on permitting, and today’s transaction supports this trend,” National Bank Financial analyst Rabi Nizami said Monday in a note. Centerra’s investment “bolsters visibility for the project as one of the few pre-feasibility stage multi-million-ounce heap leach projects in the US,” he added. “We expect continued focus to remain on exploration to uncover more resources, which we believe is needed to help to re-optimize future mine plans to smooth out the production profile and supplant reliance on stockpile rehandling in the middle years of the currently envisioned pre-feasibility study mine plan.” Growing resource Liberty’s main asset is the past-producing Black Pine in southeastern Idaho, which has a growing resource. Located a two-hour drive north of Salt Lake City, Black Pine is part of the Great Basin that stretches across Nevada, Utah and Idaho and is considered one of the world’s most prolific gold-producing regions. Liberty Gold jumped 9.4% to C$0.58 in midday trading Monday on the Toronto Stock Exchange. That gave the company a market value of about C$258 million. Centerra added about 1.9% to C$12.20. Shares of Vancouver-based Liberty Gold have been on a tear in the past month, rising 41% through Friday. That’s more than double the gain for an index of Canadian junior gold miners, according to Nizami. The deal is expected to close on or about Oct. 1. Liberty Gold will use proceeds to advance technical studies at Black Pine and for general corporate purposes. Construction decision The cash injection comes as Liberty Gold conducts metallurgical studies and a 40,000-metre drill program at Black Pine to inform a feasibility study that’s expected in the second half of next year. Executives are targeting a construction decision in late 2027. Centerra’s investment “is a strong endorsement of our progress and the compelling potential of our flagship U.S. oxide gold project, Black Pine,” Liberty Gold CEO Jon Gilligan said in a statement. “With Centerra’s technical depth, operational experience and existing presence in Idaho, we see a clear path to unlocking value and de-risking Black Pine’s development timeline. We look forward to collaborating closely as we accelerate Black Pine towards feasibility and on to a construction decision.” Toronto-based Centerra said last month it would move ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Centerra is counting on Goldfield to boost total output and offset natural declines at Turkey’s Öksüt gold mine. It predicts Goldfield will become a “strategic” asset once production starts by the end of 2028. Idaho is home to another key Centerra project – the Thompson Creek molybdenum mine, which is targeting first production in 2027.

The Non-Farm Payrolls released on Friday provided a wide range of reactions, between the initial increased-rate cuts pricing boost to rising fears of an economic downturn in the world's largest economy. Uncertainty in the US continues as participants await Wednesday's PPI release (last month was a surprise, renewing tariff-led inflations fears) and more importantly, Thursday's CPI data. Friday's US Labor release have only confirmed one round of the multiple headwinds coming up for Markets – The US Dollar is stalling its descent against majors as a potential beat on inflation expectations would disallow a 50 bps cut in the 17th of September FOMC Meeting. In the meantime, Nasdaq is bringing stronger flows in today's session as equity index sentiment is holding even with Gold casually making new all-time highs – A piece will be release this early afternoon to spot potential hurdles to this rally. Let's have a look at an intraday picture for the Nasdaq, S&P 500 and the lagging Dow Jones. Read More: Markets Weekly Outlook – Moving forward from NFP, onto Inflation weekWTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output HikeTechnical analysis for the Nasdaq, S&P 500 and Dow JonesNasdaq 4H Chart Nasdaq 4H Chart, September 8, 2025 – Source: TradingView Late Friday dip buying has helped the tech-heavy index just around the pre-NFP level. It seems that the current bull-trend is resilient despite the shift in economic certainty, which doesn't frighten tech-stocks due to their way of generating income: Even broke, people will still watch videos and scroll pages, producing adversing revenues. Names like Oracle, Amazon, Broadcom and Palantir (surprise comeback?) is dragging Nasdaq above its competitors. Watch 23,867 as bulls are pushing towards the pre-NFP – Odds of a clear breakout before the mid-week inflation data is of low probabilities but everything is possible these days! Nasdaq technical levels of interest Resistance Levels Current All-time Highs 23,986NFP highs 23,86724,250 potential resistance at middle of upward channelSupport Levels Daily lows 23,69123,000 Key Support22,700 support at NFP lowsEarly 2025 ATH at 22,000 to 22,229 SupportS&P 500 4H Chart S&P 500 4H Chart, September 8, 2025 – Source: TradingView The dip-buying seen in Nasdaq also spread to the S&P 500, but to a lower extent. The index would be more affected than its tech-focused peer by a slowdown in the labor market, nonetheless, as long as prices remain within the 6,490 to 6,512 Pivot, the price action is balanced. A break above would relaunch the push to further all-time highs while a failure to hold the pivot zone could bring stronger profit-taking. Everything will depend on Wednesday and Thursday's inflation data points. S&P 500 technical levels of interest Resistance Levels Friday and NFP 6,533 All-time highs6,570 to 6,600 Potential ATH resistance (from Fibonacci extension)Way higher Fib-extension potential resistance from 6,650 to 6,700Support Levels 6,490 to 6,512 pivot6,400 Main Support6,300 psychological support6,210 to 6,235 Main Support (August NFP Lows)Dow Jones 4H Chart Dow Jones 4H Chart, September 8, 2025 – Source: TradingView Last week's still contracting ISM Manufacturing PMI report followed by the NFP report haven't helped the Dow. The index focuses on US manufacturing and production, which would get battered in an economic downturn. Particularly with tariffs hitting US Producers, expectations are getting lower for the US 30 compared to its younger-tech brothers. Bulls have brought it back from a retest of its 45,280 previous ATH level which helps to confirm the ongoing range (see on chart, check the triple retest of the ATH) and points to sideways action until Wednesday's PPI data. The 45,000 is the key handle to look for as a gauge for buyer-tenacity or a reversal in technical and fundamental sentiment, keep a close eye on this. Dow Jones technical levels of interest Levels for Dow Jones tradingResistance Levels Current All-time high 45,765ATH Resistance Zone 45,700 (+/- 150 pts)1.618 Fibonacci-Extension for potential ATH resistance 46,400 to 46,850Support Levels Low of imminent consolidation 45,280Key Support/longer-run pivot 45,000Support 44,200 to 44,500Main Support (NFP Lows) 43,000 to 43,750 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.

Dogecoin (DOGE) is leading the altcoin market higher as speculation surrounding a potential Rex-Osprey Dogecoin ETF intensifies. The memecoin surged 7% in the past 24 hours, climbing to $0.231, with daily trading volume spiking 123% to $2.6 billion. According to prediction market Polymarket, the odds of DOGE ETF approval this week stand at 94%. Experts suggest such an approval could mark a turning point for Dogecoin, potentially placing it alongside Bitcoin and Ethereum in the regulated ETF landscape. Nate Geraci, President of NovaDius Wealth Management, noted on X that the “first Dogecoin ETF appears likely to launch this week,” fueling excitement across the crypto community. Analysts Eye Higher Targets for Dogecoin (DOGE) Technical analysts remain optimistic, with Dogecoin currently trading within a long-term logarithmic uptrend. Chart patterns highlight a broadening wedge, historically linked to explosive rallies. Analysts now point to $1.40 as the next major resistance level, with some forecasts suggesting a move toward $1.50 if ETF-driven momentum holds. Open interest in DOGE futures has surged 14.5% to $3.81 billion, while options activity has more than tripled. The skew toward bullish positions shows traders’ confidence, though analysts caution that a rejection at resistance could trigger sharp pullbacks. Despite near-term volatility risks, long-term projections remain bullish. Crypto strategist Javon Marks even suggested DOGE could see an 860% upside, targeting as high as $2.28 in the next major cycle. Altcoins Join the Rally Dogecoin’s surge is lifting the broader market, with XRP, Solana (SOL), and Hyperliquid (HYPE) also recording gains. Optimism is being boosted not only by ETF speculation but also by expectations of a 50 basis point Fed rate cut at the upcoming September 17 meeting. A dovish policy shift could inject fresh liquidity into risk assets, further supporting altcoin momentum. The Dogecoin ETF, if approved, would represent the first U.S.-listed investment product tied to a meme coin. Such a milestone could expand institutional access, reinforce DOGE’s market leadership, and provide a foundation for its next price breakout. For now, all eyes remain on regulators. With sentiment strong and technicals flashing bullish signals, the market is watching closely to see if Dogecoin can extend its rally toward the much-anticipated $1.50 milestone. Cover image from ChatGPT, DOGEUSD chart from Tradingview

Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Asante Gold (CSE: ASE) by nearly half following the sale of 29.85 million shares at C$1.55 per share for total proceeds of C$46.3 million. The shares sold by Kinross represent approximately 44.7% of its holding in Asante, and 4.2% of Asante’s outstanding share capital. The sale price is a discount over the stock’s market open price of C$1.62 on Monday. By midday, Asante’s shares traded at C$1.65 apiece, down 4.1% for the session, with a market capitalization of C$813 million. Meanwhile, Kinross traded 2% higher at $31.24 per share, capitalizing it at C$37.6 billion. Following the sale, Kinross still holds approximately 36.93 million of Asante’s shares, for a 5.2% equity ownership. It also holds five million Asante share purchase warrants and a note that can be converted into Asante shares at C$1.81 apiece. Taking into account these convertible securities, Kinross owns about 13.2% of Asante on a partially diluted basis. The Canadian gold miner did not provide a reason for the divestment, only stating that the move was “part of the ordinary course of portfolio management”. Asante currently operates the Bibiani and Chirano gold mines in Ghana, plus several exploration projects in the West African nation. Kinross previously held the Chirano mine for over a decade, before selling it to Asante in 2022.

Chile’s state-owned copper miner Codelco and SQM (NYSE: SQM), the world’s second-largest lithium producer, are close to finalizing a landmark partnership to jointly extract lithium from the Atacama salt flats. The deal first signed in December 2023, stems from President Gabriel Boric’s national lithium strategy, which placed Codelco at the helm of all operations in strategic salt flats. Under the agreement, SQM will hand over a majority stake in its Atacama operations to Codelco in exchange for extending its production rights until 2060. The pact is expected to be concluded within weeks, though it still requires antitrust approvals, including from regulators in China, which SQM anticipates later this month or in October. Supporters argue the venture will diversify Codelco’s revenue, currently strained by declining copper output and ballooning debt from over-budget expansion projects. By entering lithium, Codelco can tap into a booming market central to the global energy transition. Partnering with SQM, which already has the infrastructure and know-how, could lower costs and accelerate production. “Monumental” loss Critics warn the deal sacrifices too much. Economist Marcela Vera called the agreement “a surrender of sovereignty,” noting it allows SQM to keep nearly half of future revenues from Atacama despite lithium being a non-concessionary resource under Chilean law. In an opinion column, Vera pointed to Rio Tinto’s $6.7 billion purchase of Arcadium Lithium in Argentina, at half the production capacity of SQM’s Chilean operations, as a sign Chile undervalued its asset. “Various price and volume scenarios estimate that, under a 100% public scheme or with international bidding, state revenues would have ranged between $45 billion and $365 billion, she wrote. “Adding to this the lost down payment of at least $6.7 billion (…) The potential fiscal damage is monumental”. Diversification Codelco’s push into lithium comes as the copper giant struggles with deep structural challenges. The company is grappling with falling ore grades at its aging mines, while four of its flagship expansion projects have run significantly over budget and behind schedule. Debt has climbed to roughly six times earnings before interest, taxes, depreciation and amortization, a level that has revived old debates about Codelco’s long-term financial health. During Sebastián Piñera’s first administration, a proposal to sell a minority stake in the company sparked public outcry and was shelved, even as Codelco’s debt rose 84% despite strong copper prices. For the miner, lithium offers a rare chance to diversify away from copper and reduce its dependence on a single commodity. Successive governments in Santiago have respected past resource contracts, making it likely the agreement will endure beyond Boric’s term, which ends in 2026. For now, the deal is billed as “historic,” both for giving Chile greater oversight of its lithium resources and for keeping a major private player in the sector.

The Ethereum price is once again drawing attention as a strong bullish setup begins to take shape on the charts. Analyst Merlijn the Trader says buyers are stepping in after repeated rebounds, showing that the market could be shifting in favor of the bulls. He points out that momentum is now building, but one key resistance level still stands in the way. According to the analyst, this is the kind of setup that often sparks explosive moves to higher targets. Ethereum Price Forms Triple Bottom Pattern According to Merlijn the Trader, Ethereum is now showing a clear triple bottom pattern on the charts. He explains that the price has bounced three times off the same support floor, creating a strong base. Each bounce, he says, is evidence that buyers are stepping in with confidence whenever the price moves down, while sellers are losing strength. To the analyst, this behavior suggests that the downward pressure is weakening and that exhaustion among sellers is becoming apparent, following numerous failed attempts to break through the support level. Merlijn describes this setup as an explicit bullish confirmation. The way the Ethereum price has held the same floor over and over makes it clear to him that the bulls are ready to push harder. In his view, the triple bottom is a message that the foundation for a strong rally could already be in play. With this structure firmly in place, Merlijn stresses that momentum is only waiting for the signal of a breakout to begin. $4,540 Resistance Is The Breakout Key Merlijn the Trader points to $4,540 as the key line that Ethereum needs to clear. He explains that this level is the final barrier stopping the price from running higher. If the price pushes through $4,540 with strength, the analyst believes the path to $5,000 will open quickly. In his words, “clear that line, and $ETH goes vertical.” The analyst warns that resistance levels like this are where the market decides its next move. For now, Ethereum is holding steady below it, but pressure is building. Traders are watching closely to see if the price breaks out, because once it does, momentum could make a quick move. Merlijn stresses that this is “how explosive moves are born,” and he expects the Ethereum price to rally sharply once the market breaks this resistance level. Ethereum traders are now focusing on this key price level. The triple bottom has already given a strong signal of support, and buyers have shown that they are ready. With sellers exhausted and momentum lined up, the only question left is whether Ethereum can break $4,540. If it does, the analyst believes $5,000 will be within reach sooner rather than later.

The Australian dollar has extended its gains on Monday. In the North American session, AUD/USD is trading at 0.6588, up 0.49% on the day. Earlier, the Australian dollar climbed to a daily high of 0.6598, its highest level since July 25. The US dollar ended the week broadly lower, as investors dumped the greenback after the soft US employment report. August nonfarm payrolls fell to 22 thousand, well below the revised market estimate of 79 thousand and lower than the July gain of 75 thousand. The Australian dollar rose as much as 1.1% on Friday before giving up about half its gains. Australian confidence levels are expected to show an improvement on Tuesday. Westpac Consumer Confidence is projected to rise 1.0% in September after a strong 5.7% gain in August. The NAB Business Confidence has been moving higher and is expected to rise in August to 8 points from 7 a month earlier, which was the highest reading since August 2022. Chinese exports slip US tariffs are taking their toll on China's economy. In August, China's exports to the US fell by 33%. The US and China extended a trade truce in August, but that has still left US tariffs of 55% on Chinese goods and 35% Chinese tariffs on US goods. China is in a deflationary phase and growth has been subdued. This does not bode well for the Australian economy or the Aussie, as China is Australia's largest trading partner. Australia hasn't been hit as hard as other countries by US trade policy, with tariffs of 10% on Australian products, but the US-China trade war could pose a serious headache for Australia's export sector. AUD/USD Technical The Australian dollar tested resistance at 0.6594 earlier. Above, there is resistance at 0.66330.6551 and 0.6512 are providing support AUDUSD 1-Day Chart, September 8, 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.

A solo miner earned 3.13 $BTC ($347,872) mining Bitcoin on Sunday. It’s only the second time an individual has successfully mined on the Bitcoin blockchain this month. With industrial miners dominating the space, small-scale miners with limited resources are at a huge disadvantage. That is where Pepenode offers a fresh and promising alternative, letting small-time miners have fun mining crypto and earn, without the need for an expensive rig. A Win for the Little Guy On Sunday, a lone miner processed block 913,632 using Solo CKPool and earned a total reward of 3.13 $BTC, valued at approximately $347,872. Solo CKPool is a mining service for solo miners to participate in Bitcoin mining without operating their own Bitcoin node. It provides an entry point for small-scale miners and helps them compete with industrial leaders and established mining firms. Reports from Blockchain Explorer indicate that the individual’s average transaction size was 0.7987 $BTC. The miner earned a reward that included a standard base reward of 3.125 $BTC and an extra 0.0042 $BTC in transaction fees. The miner’s success has renewed confidence that individuals still have a chance to mine some fresh bitcoins, even as Bitcoin’s mining difficulty now measures a record high of 136.04T. How Difficult is Bitcoin Mining? The difficulty level is determined by how hard and time-consuming it is to find a valid block. The more miners that join the network and the more powerful the mining hardware involved, the higher the difficulty level. With Bitcoin mining difficulty higher than ever, it’s tougher to earn $BTC unless you’re running top-tier equipment. Sunday’s $347K solo Bitcoin mining success highlights the high-reward possibilities in cryptocurrency mining, but also the barriers to entry for small-timers. That is where Pepenode comes in, democratizing crypto mining by replacing industrial barriers with digital creativity and community-driven incentives. It’s mining for the meme coin generation. Pepenode ($PEPENODE) – The Future of Meme Coin Mining Pepenode ($PEPENODE) is a fun new crypto project combining virtual mining and gamification. It lets you mine the best meme coins for rewards in a hardware-free mining simulation, and you can get started even during the presale phase. Read about How Pepenode Makes Presale Participation Fun Unlike Bitcoin, mining memes in Pepenode doesn’t involve high costs, computing power, or massive energy consumption. You can start playing the mining game as soon as you’ve joined the presale. Simply stake your purchased tokens to build and upgrade your rigs (virtual mining equipment) and earn more tokens and rewards. In this way, Pepenode makes holding staking presale tokens more engaging and rewarding. Of all the tokens staked in the presale, 70% will get burned, reducing the total token supply and increasing the token’s value over time. With the presale nearing $900K in raised funds, Pepenode is rapidly gaining momentum as the next big mining opportunity. The presale price of one token is as low as $0.0010491, with the price expected to increase gradually with widespread adoption. Read How to Buy PepeNode ($PEPENODE) in Easy Step-by-Step Guide here. At close to 1,618% APY, early adopters of Pepenode enjoy high staking rewards. Also, the more you stake, the more nodes you can buy, and the stronger your virtual mining rig becomes. On the back of growing retail interest in crypto mining, our $PEPENODE price prediction shows a near 200% ROI by the end of the year if you buy now. Join the PepeNode presale now – lock in early access and collect bonus airdrops in top meme coins like $PEPE and $FARTCOIN – all without needing real hardware. Takeaways: Solo Bitcoin Miner’s Win Underscores Pepenode’s Potential As Bitcoin mining increasingly becomes the domain of industrial-scale miners, Pepenode brings the thrill of mining to everyday crypto users. With a presale offering a gamified mining experience, it makes meme coin mining fun again, eliminating the need for astronomical hardware and skyrocketing energy costs. If you missed the Bitcoin mining boom, fire up your nodes in Pepenode’s presale today. The cryptocurrency market is highly volatile with frequent and sharp price swings driven by various factors such as market sentiment, regulatory news, and macroeconomic events. Always do your own research thoroughly before investing. Authored by Aaron Walker, NewsBTC https://www.newsbtc.com/news/bitcoin-miner-347k-profit-pepenode-presale-viral-nears-1m/

Gold has hit a new record, up $52 to $3638 as it's gone parabolic since breaking the April-Sept range. The chart pretty much speaks for itself and I wrote about the bull case every day last week. There is no real mystery here: Trump is aiming to take over the Fed and lower rates to levels they otherwise wouldn't beThe global order on trade is breaking downThe global order around military intervention is breaking down (see J.D. Vance's comments on killing Venezuelan citizens on the weekend)Fiscal spending is out of controlThe technicals align This article was written by Adam Button at investinglive.com.

Solana adoption is under scrutiny: Cardano SPO Dave argues that bots inflate the network’s transactions per second (tps). But it’s not all doom and gloom. Supporters counter that even after filtering out failed consensus transactions, Solana’s throughput remains impressive. Plus, with more $SOL ETFs entering the market, the network is securing institutional confidence worldwide. For projects like Snorter Token ($SNORT), this is a major boon. The reason is that once its Telegram trading bot launches on Solana, it’ll benefit from a fast, cost-friendly network that’s increasingly attractive to mainstream investors. Cardano SPO Slams Solana for 99.95% Failed Transactions In a recent X post, Dave claimed that Solana’s low fees have created the ultimate ‘face it till you make it’ environment. He pointed out that a single bot sent nearly 11M transactions in just 30 days, 99.95% of which failed. His biggest concern is that those transactions don’t just disappear; they stay on the ledger, permanently clogging the chain. In turn, this increases the burden on the explorers and analysts’ platforms that depend on clean data. The post received a mixed bag of responses. One user, however, defended Solana by highlighting how ‘Solana just increased its block size from 50M CUs to 60M,’ In turn, it has ‘even more room to do this.’ Cyber Capital’s Justin Bons also pushed back on ‘fake usage’ claims. He argued that, even excluding failed and consensus transactions, Solana still leads in processing capacity and that ‘SOL adoption is real.’ Notably, Kazakhstan’s Astana International Exchange recently listed a Solana ETF, marking the first $SOL ETF with staking in Central Asia. So, despite the skepticism, the blockchain’s still gaining legitimacy and expanding adoption. This is especially true when considering that just weeks ago, VanEck filed for a spot Solana ETF backed by JitoSOL. For $SNORT, this is further confirmation that the chain its Telegram trading bot will run on isn’t just fast and cost-friendly but also has institutional recognition. It provides a strong foundation for Snorter Bot’s growth and adoption. Snorter Bot Leverages Solana’s Speeds – 546x Faster than Ethereum Snorter Bot will first launch on Solana, allowing you to benefit from low fees (just 0.85%) and enjoy average speeds of 923 tps, with a maximum throughput of 65K tps. In contrast, Ethereum averages only 19.87 tps with a theoretical maximum of 119 tps. This makes Solana 546x faster and far more cost-effective for executing trades through the bot. Snorter Bot even goes as far as to say that it offers the lowest fees and fastest execution on Solana and, thus, overrides rival bots like Maestro and Trojan. Although Solana is faster and cheaper than Ethereum, it also plans to support this network and other major networks like BNB Chain and other EVM-compatible chains. By doing so, it’ll offer you access to various trading opportunities beyond the best Solana meme coins. Across all chains, you’ll eventually be able to swap and automatically snipe new tokens. You’ll also be able to partake in copy trading to mirror top traders’ techniques to boost your likelihood of returns. And all will be doable without putting your funds at risk; Snorter Bot promises to be MEV-protected and include honeypot and rug-pull detection alerts. To support such developments, you can purchase $SNORT on presale. To top it off, you’ll be adorned with leaderboard rewards, DAO voting power, and staking yields of 123% APY. $SNORT Anticipated to Surpass $1 This Year While Dave might have criticized Solana for its TPS stats being ‘pure vanity,’ the blockchain is still one of the fastest and most cost-effective. Plus, with growing institutional validation through ETFs, the blockchain’s legitimacy expands its reach beyond Web3 users. This backdrop is perfect for $SNORT. As it prepares to launch its trading bot on Solana, it can capitalize on the network’s benefits and rising credibility before expanding cross-chain to appeal to all traders. To support and get the most out of the Snorter ecosystem, you can purchase $SNORT on presale for as little as $0.1037. Acting now could yield the highest returns; it’s anticipated to break the one-dollar mark this year, after being listed on the best crypto exchanges. Check out our comprehensive Snorter guide for more information. This isn’t investment advice. Always DYOR and never invest more than you’re willing to lose.