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Gold prices sailed past the $4,000/oz mark overnight to reach highs around the $4050/oz mark in the European session. A mix of easy monetary policies, steady buying by central banks and rising world tensions seem to be driving the rally. That move beyond $4000/oz hints that market participants feel hopeful after the psychological barrier fell. Overall, the momentum and the big‑picture forces look lined up, suggesting the $4,000 breach could be part of a long‑run cycle. A pull‑back might be a very good spot for would be bulls. Most Read: Gold's (XAU/USD) Bull Run Just Getting Started? A Look at What History Says How Fast the 2025 Run‑Up Happened Gold’s climb this year has been oddly quick for a safe‑haven asset. It’s up 53 % since Jan. and rose 19 % in the last thirty days. In the past three years the price has even doubled. That speed does not look like a reaction to inflation worries or a tiny interest‑rate tweak. It more likely means investors are pricing in big‑picture risk. Concerns include a flare‑up in world conflicts, the US debt ceiling drama, and even the recent government shutdown that showed governance cracks. In some quarters, the discussion of the move in 2025 is around a potential change in the global monetary order. What the answer is, remains purely guess work but does pose an interesting conundrum for market participants. The Global Anxieties Propelling the Price The climb in gold prices does not come from one thing alone. It seems to come from a mix of world problems that bring back gold’s role as a safe haven. A recent note from a BNP Paribas analyst summed it up: “right now, everything that is a classic gold driver is happening.” The most significant driver is geopolitical instability. Ongoing conflicts, including the war in Ukraine and the escalating tensions across the Middle East (the Israel-Hamas conflict, airstrikes on Iran, and disruption to maritime trade), are pushing capital toward non-sovereign stores of value. This is further complicated by political turmoil in developed nations, such as the French political crisis and the persistent US government shutdown and debt concerns. Market participants are expressing angst over US debt levels, the future of the dollar, and the independence of the Federal Reserve. Adding to the complexity are macro bets on future monetary policy. Despite the dollar's relative strength, gold has found strong support from the expectation that the Federal Reserve will execute further rate cuts before the end of 2025. Source: LSEG Institutions Aiding the Gold Rally While geopolitical risk drives headline fear, two critical institutional factors are powering the gold rush: central bank demand and the fear of a potential tech bubble implosion. Central Bank Buying Spree: Central banks globally are aggressively diversifying reserves away from the US dollar and Treasuries and into bullion. This institutional buying spree is massive and unprecedented in recent history. Central banks are on track to purchase an estimated 1,000 metric tons of gold in 2025, marking the fourth consecutive year of extraordinary accumulation. The People's Bank of China, in particular, has been a robust buyer for eleven consecutive months (September being month 11), demonstrating a structural, long-term shift in global reserve strategy. Global physically backed gold ETFs recorded their largest monthly inflow in September, resulting in the strongest quarter on record of US$26bn. Global ETF inflows on pace for record year Source: World Gold Council The AI Bubble Hedge: A crucial, less-traditional driver is the growing anxiety surrounding the Artificial Intelligence (AI) tech stock boom. Investors are hedging against the possibility of a "sharp correction" or even an implosion of the AI-driven market, a risk explicitly called out by institutions like the Bank of England. Gold, in this context, has become a collective insurance policy against the systemic fallout of a highly speculative tech-sector crash. The combination of these factors has transformed gold from a traditional defensive hedge into a "conviction trade," where dips in price are now universally treated as buying opportunities by institutions and retail market participants alike. Looking Ahead Later today markets will get the FOMC minutes which may hold more sway than usual in the absence of US data. This will also depend on what surprises the Fed minutes may reveal about the September meeting. When the Federal Reserve lowered interest rates, most people thought their official announcements (the statement and the "Dot Plot" chart) suggested they would keep cutting rates easily. However, the Fed Chairman, Jerome Powell, spoke after the meeting and sounded more careful. He made it clear that they were not promising to cut rates again right away, which surprised many people. If the minutes show more people than expected were considering a massive rate cut (a 50-basis-point cut), the value of the dollar could fall and Gold could get a renewed shot in the arm. As far as we know, only one member, Stephen Miran, actually voted for that big cut, and Powell said most members disagreed. But the minutes will reveal if other members were at least thinking about it. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Technical Analysis - Gold (XAU/USD) From a technical standpoint, it is very difficult to pick a top at the moment. Not to mention that the lack of historical price action makes it near impossible. There was a triangle pattern breakout which has finally reached its proposed target around the $4043/oz mark. Usually market participants would hope for some form of pullback after such a move. However recent price action and the break of key psychological barriers suggest the rally could keep going. The RSI period-14 remains in overbought territory and has been holding here for the last three days. Thus this is no real indication that a pullback might be imminent. I will personally be focusing on the whole numbers ahead of $4075, $4100, $4150 up next. Gold (XAU/USD) Four-Hour Chart, October 8, 2025 Source: TradingView (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.

Copper surged to a 16-month high in London after Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper (HVC) operation in Canada. Prices climbed as much as 0.5% to $10,815 per tonne on the London Metal Exchange. The company said it now expects to produce 170,000 to 190,000 tons in 2025, down from its previous target of 210,000 to 230,000 tons. Teck also trimmed annual production targets for the next three years. The QB project has long frustrated investors, coming in $4 billion over budget and years behind schedule. Current challenges include tailings storage at the high-altitude site in the Andes, as well as damage to key equipment and instability within the mine pit. So far this year, copper prices have risen about 23%, as mounting supply concerns outweigh weak demand in major industrial economies. Analysts have cut output projections after a series of accidents and operational setbacks at mines in Chile, the Democratic Republic of Congo, and Indonesia, leading many to anticipate sizable supply deficits. Supply worries intensified after Freeport-McMoRan (NYSE: FCX) declared force majeure at its Grasberg mine in Papua, Indonesia—the world’s second-largest copper operation—following severe flooding that halted production. The company confirmed over the weekend that all seven missing workers were found dead after the discovery of five additional bodies. Citigroup analysts expect copper to climb further, forecasting prices could reach $12,000 per tonne in the first half of next year amid supply cuts and favorable macro trends, including a weaker US dollar. They project prices will gradually ease through 2026 as disrupted mines resume production. Click on chart for live prices. On the Chicago Mercantile Exchange (CME), three-month copper futures rose 1.15% to $11,343 per tonne ($5.156 per pound). (With files from Bloomberg)

A new wave of an unusual trade has been unfolding: A steep rally in Gold, coinciding with a steep rally in the US Dollar. Today’s piece will focus on the latter, but it is still an interesting subject that marks an essential functioning of markets: It’s all about what is priced in (and what is not). You have probably seen the headlines, but Gold officially breached the $4,000 milestone overnight, propelled by a larger RBNZ Rate cut, weakening the Kiwi dollar and trouble in Japanese and European (French) politics. A US Government Shutdown is also in the works. But wait, why is the Greenback also rallying? Mentioned after the FOMC September press conference, a less dovish than expected FED with, despite weakening, still strong US Data is forcing a slower rate cut path ahead, providing a floor to the USD. Also, US Dollar bearishness had been such a prominent theme throughout the first half of 2025 that things couldn’t get much worse except for an unpleasant tariff outcome and degrading diplomatic US relations. A bad-looking Government deficit is also priced, but this is not just US-specific, and it is one of the core reasons why Gold loves this trend so much. Hence, as these themes play out and things actually degrade elsewhere, relative strength comes in. And it is here that the US Dollar wins in the current picture. Let's explore this in a Dollar Index technical review. Dollar Index (DXY) Multi-timeframe technical analysisDaily Chart Dollar Index (DXY) Daily Chart, October 8, 2025 – Source: TradingView The USD is attempting to break above the topline containing breakout attempts since early May 2025. Fundamentals have changed a bit since: Tariffs are well-implemented, but they're not as harsh as they could have been on the economy. So, the Economy is still fairly strong, hence less cuts are needed (and rates are still above 4%!). This, combined with a daily double bottom at the yearly support, led to a strong technical bounce above the flat-lined 50-Day MA. With Momentum turning positive, a breakout could come into play. Keep an eye on the Topline: A close above would confirm this outcome, while a rejection points to further sideways action. 4H Chart and levels Dollar Index (DXY) 4H Chart, October 8, 2025 – Source: TradingView Zooming closer, we see Dollar bulls attempting to break the May topline, with the steep rally that started this week stalling a bit. Nonetheless, the 4H MA 50 is starting to tilt upwards to catch up with prices and may cross above the flat MA 200, a bullish sign. One thing to consider however is: How far could such a rally go with the current fundamentals? A breakout in the US Dollar could point towards the 100.00 level, but cuts are still priced in for 2026, and the labor market is slowing. This is why such a breakout would be more favorable for a repricing between 98.00 to 100.00 rather than a full return above the threshold. Of course, things may change as prices reach these levels and bulls still have to push higher. Support Levels: August highs, Immediate pivot around 98.5098.00 SupportAugust Range support 97.25 to 97.602025 Lows Major support 96.50 to 97.00Resistance Levels: session highs and May topline 98.9999.40 June selling pivot100.00 Main resistance zone1H Chart Dollar Index (DXY) 1H Chart, October 8, 2025 – Source: TradingView Buyers will have to break above the daily highs at 98.99 (a close above 99.00 may attract further attention). On the other hand, sellers will want to defend that exact same level and push prices below the post-FOMC Sep 25 highs at 98.60 to retake the short-term advantage. A short-term upward channel is also forming, watch for its support and resistance levels. Safe Trades! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier 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.

On 9 October 2025, European Union finance ministers are meeting to discuss EU’s position on Euro-backed stablecoins. While the development of Euro-denominated stablecoins is coming along, its a long way to go before it can compete with the US. According to a 8 October 2025 Reuters report, the finance ministers will discuss if Markets in Crypto-Assets Regulation (MiCA) needs changes for Euro stablecoins. Furthermore, the focus of the meeting will be balancing risk mitigation and financial innovation. The crypto community was quick to point out that EU was still just catching up to the US when it comes to stablecoin regulation. An X user pointed out that the global stablecoin market is now close to 300 billion dollars, yet euro-based tokens account for only around 0.2% of that total. “The US Genius Act passed in July has effectively locked in dollar dominance by requiring issuers to back their stablecoins with US dollars or Treasuries. That design ensures the dollar’s reach will extend seamlessly into the digital era.” So far, Euro stablecoins account for only $620 million of $300 billion market. The sanctioned Russian crypto exchange Garantex resurfaced under the name Grinex. After the Garantex website was taken down and its wallets were frozen, the sanctioned exchange provides access to crypto services through the alternative platform. Read More: Launch Of Euro-Backed Stablecoin In H2 2026? Nine European Banking Giants Join Forces Launch Of Euro-Backed Stablecoin In H2 2026? Nine European Banking Giants Join Forces Nine of Europe’s biggest banks—including ING, UniCredit, Danske Bank, SEB, KBC, DekaBank, Banca Sella, and Raiffeisen Bank International—have decided to collaborate on a euro-backed stablecoin. Under the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) framework, the collaborating banks will roll out the stablecoin in the second half of 2026. Will this be a game-changer for European crypto payments? Will the euro-backed stablecoin reduce Europe’s reliance on US dollar-denominated stablecoins? On 25 September 2025, ING released the joint statement confirming that “the initiative will provide a real European alternative to the US-dominated stablecoin market, contributing to Europe’s strategic autonomy in payments.” According to the banking giants, the stablecoin will provide near-instant, low-cost payments and settlements. Furthermore, it will enable 24/7 access to efficient cross-border payments, programmable payments, and improvements in supply chain management and digital asset settlements, which can vary from securities to cryptocurrencies. DISCOVER: 20+ Next Crypto to Explode in 2025 Key Takeaways The targeting of the A7A5 stablecoin signals a continued commitment by the EU and its allies to close loopholes in sanctions enforcement created by the rapid innovation in cryptocurrency markets. The creation and issuance of A7A5 resulted from previous sanctions targeting Russian crypto exchanges like Garantex, which played a role in facilitating these ruble-to-crypto routes. The post EU Finance Ministers Meet Tomorrow To Discuss Euro Stablecoin Issuance: Why Is EU Sanctioning A7A5 Stablecoin? appeared first on 99Bitcoins.

At long last, gold has done it: it crossed the $4,000 per oz. threshold today, something no one had ever seen before. While intraday trading pared some gains, the climb to that round number signals deeper tectonic shifts in how investors are viewing risk, monetary policy, and macro stability. In this post, we dive into gold’s enduring role, the reasons behind its meteoric ~51% advance in 2025, and what this may hint at going forward. The Classic Role of Gold Gold has always been more than a precious metal. Over centuries, it’s occupied a place in financial portfolios as a hedge, a reserve asset, and a refuge when faith in paper currencies wobbles. In modern times, its key functions are: Inflation hedge: When money loses value, gold often retains purchasing power better than cash. Safe haven: At times of crisis or market stress, gold becomes a go-to as investors flee risk assets. Portfolio diversifier: During turbulence, it often exhibits weak correlation with stocks or bonds. Reserve backing: Central banks hold gold—not for yield, but as structural financial insurance. So when a price that once seemed far-fetched becomes real, it reinforces gold’s standing in the minds of institutional and retail players alike. What Powered Gold’s 50%+ Climb in 2025 Moving 50% within a year—especially for a non-yielding asset—is unusual. But for gold, several strong tailwinds have come together: Central bank accumulation: Non-U.S. central banks, seeking to diversify reserves, have been persistent buyers. Their demand is less price-sensitive, giving gold a structural backbone. ETF & institutional demand: As gold gained momentum, funds and institutions poured capital into physically backed vehicles, reinforcing the rally. Dollar dynamics: A softer U.S. dollar makes gold cheaper in foreign currency terms, broadening demand globally. Rate-cut expectations & low real yields: As markets increasingly price in sharp Fed cuts (some metrics show >80% odds), gold’s opportunity cost declines. Macro, political, and policy risk: The U.S. government shutdown, volatile trade policy, global power shifts, and signs of weakness in labor markets all feed safe-haven flows. Momentum & market psychology: Once gold broke key thresholds—above $3,000, $3,500, $3,800—momentum traders piled in, creating a self-reinforcing ascent. The Significance of the $4,000 Break Surpassing $4,000 is more than a headline. It reshapes narrative and expectations. Here’s what it signals: Repricing risk assets: When gold’s bid feels intense, markets may be anticipating more downside or weaker growth ahead. Fed constraints & credibility risks: Gold’s rally assumes easier monetary policy ahead. If inflation surprises or the Fed holds hawkish, the trade could reverse sharply. Volatility risk: Big moves often bring big corrections. Positioning risk is elevated. Portfolio rebalancing: Institutions and HNW investors may revisit gold allocations now that a new regime appears in play. Despite the risks, many analysts remain bullish. Goldman Sachs, for instance, recently lifted its December 2026 gold target to $4,900 an oz. Final Thoughts & What to Watch Gold’s surge past $4,000 is at once dramatic and unsurprising—dramatic because it’s historic, unsurprising because the underlying forces are well known to markets. But as with all extremes, this moment is a pivot, not an endpoint. In the weeks ahead, watch closely: Fed commentary & policy surprises — if the central bank resists easing, gold could correct sharply. Inflation data & real yields — unexpected inflation strength could raise real yields and undercut gold’s appeal. Central bank buying pace — any slowdown could remove the structural bid. Flows into/out of gold funds — large redemptions or swings in sentiment may trigger volatility. Macro or political shocks — any new risk event may reignite safe-haven flows (or reverse direction if confidence returns). The post Gold Breaks $4,000 Oz.: Why 2025’s Safe-Haven Run Matters appeared first on Blanchard and Company.

At long last, gold has done it: it crossed the $4,000 per oz. threshold today, something no one had ever seen before. While intraday trading pared some gains, the climb to that round number signals deeper tectonic shifts in how investors are viewing risk, monetary policy, and macro stability. In this post, we dive into gold’s enduring role, the reasons behind its meteoric ~51% advance in 2025, and what this may hint at going forward. The Classic Role of Gold Gold has always been more than a precious metal. Over centuries, it’s occupied a place in financial portfolios as a hedge, a reserve asset, and a refuge when faith in paper currencies wobbles. In modern times, its key functions are: Inflation hedge: When money loses value, gold often retains purchasing power better than cash. Safe haven: At times of crisis or market stress, gold becomes a go-to as investors flee risk assets. Portfolio diversifier: During turbulence, it often exhibits weak correlation with stocks or bonds. Reserve backing: Central banks hold gold—not for yield, but as structural financial insurance. So when a price that once seemed far-fetched becomes real, it reinforces gold’s standing in the minds of institutional and retail players alike. What Powered Gold’s 50%+ Climb in 2025 Moving 50% within a year—especially for a non-yielding asset—is unusual. But for gold, several strong tailwinds have come together: Central bank accumulation: Non-U.S. central banks, seeking to diversify reserves, have been persistent buyers. Their demand is less price-sensitive, giving gold a structural backbone. ETF & institutional demand: As gold gained momentum, funds and institutions poured capital into physically backed vehicles, reinforcing the rally. Dollar dynamics: A softer U.S. dollar makes gold cheaper in foreign currency terms, broadening demand globally. Rate-cut expectations & low real yields: As markets increasingly price in sharp Fed cuts (some metrics show >80% odds), gold’s opportunity cost declines. Macro, political, and policy risk: The U.S. government shutdown, volatile trade policy, global power shifts, and signs of weakness in labor markets all feed safe-haven flows. Momentum & market psychology: Once gold broke key thresholds—above $3,000, $3,500, $3,800—momentum traders piled in, creating a self-reinforcing ascent. The Significance of the $4,000 Break Surpassing $4,000 is more than a headline. It reshapes narrative and expectations. Here’s what it signals: Repricing risk assets: When gold’s bid feels intense, markets may be anticipating more downside or weaker growth ahead. Fed constraints & credibility risks: Gold’s rally assumes easier monetary policy ahead. If inflation surprises or the Fed holds hawkish, the trade could reverse sharply. Volatility risk: Big moves often bring big corrections. Positioning risk is elevated. Portfolio rebalancing: Institutions and HNW investors may revisit gold allocations now that a new regime appears in play. Despite the risks, many analysts remain bullish. Goldman Sachs, for instance, recently lifted its December 2026 gold target to $4,900 an oz. Final Thoughts & What to Watch Gold’s surge past $4,000 is at once dramatic and unsurprising—dramatic because it’s historic, unsurprising because the underlying forces are well known to markets. But as with all extremes, this moment is a pivot, not an endpoint. In the weeks ahead, watch closely: Fed commentary & policy surprises — if the central bank resists easing, gold could correct sharply. Inflation data & real yields — unexpected inflation strength could raise real yields and undercut gold’s appeal. Central bank buying pace — any slowdown could remove the structural bid. Flows into/out of gold funds — large redemptions or swings in sentiment may trigger volatility. Macro or political shocks — any new risk event may reignite safe-haven flows (or reverse direction if confidence returns). The post Gold Breaks $4,000 Oz.: Why 2025’s Safe-Haven Run Matters appeared first on Blanchard and Company.

Cubic Analytics founder Caleb Franzen says XRP is entering a decisive phase after months of compression, with the price structure implying a path toward the $6–$11 zone so long as the market defends what he calls the key risk line at $2.68. XRP Price Targets In a wide-ranging discussion on the Thinking Crypto podcast with host Tony Edward, Franzen stressed that his conclusions are grounded in “price, structure, and statistical signals” rather than narrative. “It’s the chart itself. It’s the structure itself,” he said. “So long as we stay above $2.68, we’re going much higher.” Franzen’s XRP view comes out of the same template he applies across digital assets: identify trend integrity, map the impulse-consolidation rhythm, and translate it into a ladder of Fibonacci extension targets on a logarithmic scale. In XRP’s case, he argues the market traced higher highs and then “tightened up” into a controlled series of lower highs—what he calls a classic volatility coil that “allows price to reset… for the next leg higher.” He then anchors objective targets to that structure: using the most recent consolidation leg, he cites the 161.8% extension near roughly $4.40 and the 261.8% extension around $6. From the larger Q1 swing—Q1 highs to Q1 lows—he adds a second band of objectives at approximately $5.40 and $11.55. The message, in his words: “Those are the price targets that you have to be aware of if you’re holding and investing in XRP… so long as we stay above $2.68.” Risk management is central to how Franzen frames the trade. Rather than a maximalist forecast, he sets a clear invalidation level and treats it as a mechanical decision point. “If we fall below $2.68, you can get stopped out. You can reduce some of your exposure. You can slow down your DCA,” he said. “It’s okay to be wrong. It’s just not okay to stay wrong.” The Macro Angle Although the podcast also covered Bitcoin, Ethereum and Solana, Franzen’s macro and cross-asset framework is meant to contextualize, not overshadow, the XRP setup. He repeatedly described himself as “time agnostic,” declining to pin outcomes to a specific month or quarter and insisting that the tape, not the calendar, dictates probability. “I’ve been sharing [cycle] targets since the middle of 2023,” he noted, adding that the prudent path is to keep raising targets within an uptrend while letting invalidation handle the rest. That stance is informed by what he characterizes as resilient, supportive macro conditions—good enough for risk assets to trend without demanding a weak US dollar as a crutch. He pointed to strong real activity data and improving earnings assumptions as evidence that risk appetite is not being forced; it’s developing naturally. Among the specific markers he flagged: Q2 real GDP growth at 3.8% with expectations of roughly 3.9% for Q3; prime-age unemployment near historic lows at about 3.8%; labor force participation rising; and both real and nominal wage growth, with wages around 4.1% year over year. In credit, he underscored tight spreads and high-yield corporates printing multi-year highs—“and if we adjust them for the dividend yield, they’re trading at all-time highs”—a combination that, in his experience, does not occur when markets are bracing for imminent stress. “As we’re looking at the weight of the evidence here, everything is coming together,” he said. “Higher highs and higher lows, increasing risk appetite, decent macro conditions, the Fed is cutting interest rates… We have to continue to have an upward bias.” That macro lens matters for XRP, he argues, because it reinforces the primacy of structure over story. He criticized a common assumption that crypto rallies must coincide with a falling dollar, highlighting that the US Dollar Index (DXY) has been roughly flat since mid-April while Bitcoin—and, by extension, broader crypto beta—advanced materially. He also described a composite lens that prices Bitcoin against a basket of global currencies (effectively offsetting BTC/USD by DXY) and said that index is making fresh all-time highs too, reflecting “weak global fiat currencies, not necessarily just a weak dollar.” The implication for XRP: if the broader liquidity and risk backdrop continues to reward trend persistence, then the technical coil and extension ladder have a cleaner runway. At press time, XRP traded at $2.8593.

The AI age is upon us, and you cannot ignore it. Now that the quest for AI Superintelligence has been made official, how will it affect the crypto space? AI trading is already fast and emotionless. But what happens when AGI (Advanced General Intelligence) and ASI (Advanced Super Intelligence) are introduced into the trading spectrum? Here’s a hypothetical. Imagine an AGI-powered trading system that tracks global systems and predicts disruptions to reallocate assets before humans even notice. Imagine it adapting to your portfolio and adjusting your risk exposure based on your goals and the macro landscape. Impressive right? Now, increase the scope! An ASI-powered system doesn’t just trade, it reshapes markets. It can model every participant’s behaviour, from retail traders to sovereign wealth funds, and generate millions of outcomes across timeframes. It can spot unseen arbitrage and execute billions in trades across chains, with regulators and hedge funds relying on its insights. And this is exactly what the Chinese are aiming for. Rewind to last week, at the Chinese tech hub of Hangzhou, Alibaba CEO Eddie Wu charted out the “Roadmap to Artificial Superintelligence.” In his keynote, Wu specifically outlined Alibaba’s ambitious quest for AGI (artificial general intelligence) and ASI (artificial super intelligence). While researchers in this field have been using this term for years, this is the first time that these terms have been officially invoked. (Source: TradingView) “Achieving AGI — an intelligent system with general human-level cognition — now appears inevitable. Yet AGI is not the end of AI’s development, but its beginning,” Wu said. This isn’t just a philosophical milestone. It is a seismic shift in how industries operate, how capital flows and how investors allocate risks. However, one needs to be careful when using AI. A smart investor uses AI as a tool, not a crutch. EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now Key Takeaways AI superintelligence is now a formal goal, driving major shifts in tech and finance Equity markets are heavily funding AI infrastructure, especially through big tech like Nvidia and Microsoft AI adoption is increasing exponentially for trading, sentiment analysis, and automated DeFi portfolio management The post ASI Is Coming And Equities Know It. So How Do You Make It Big With AI In Crypto? appeared first on 99Bitcoins.

Bitcoin gradually recovers after a correction to $121,000, now trading around $123,000. Ethereum, meanwhile, is showing a quieter performance. It has been reported that S&P Global, the company behind the S&P 500 and Dow Jones Industrial Average, together with Dinari, has announced its first hybrid index combining cryptocurrencies and crypto-related equities. The new S&P Digital Markets 50 Index will include 15 major cryptocurrencies and 35 stocks of companies involved in digital asset operations. According to S&P Global, the index is designed to meet growing investor demand for diversified exposure to digital assets. It will serve as a benchmark for investors seeking access to this rapidly expanding sector. The structure of the index — combining cryptocurrencies with shares of companies active in the digital economy — provides a balanced investment approach. The crypto component gives investors direct exposure to the growth of leading digital currencies, while equities in mining, blockchain development, and crypto exchange companies offer risk diversification and participation in the broader expansion of the digital-asset market. The launch of the S&P Digital Markets 50 is expected to attract both institutional and retail investors. In its Tuesday statement, S&P Global said the index would provide market participants exploring crypto opportunities with a performance indicator spanning both sides of the crypto ecosystem. No single asset will account for more than 5% of the index, with minimum market capitalization thresholds set at $100 million for equities and $300 million for cryptocurrencies. Intraday crypto market strategy I continue to focus on buying on major dips in Bitcoin and Ethereum, expecting the medium-term bull market to remain intact. Bitcoin Buy scenario Scenario 1 Buy Bitcoin at the $123,200 entry point with a target at $124,000. Exit long positions near $124,000 and sell during a bounce. Before buying on a breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero. Scenario 2 Consider buying from the lower border at $122,400 if there is no bearish reaction to its breakout, with upside targets at $123,200 and $124,000. Sell scenario Scenario 1 Sell Bitcoin at the $122,400 entry point with a target at $120,900. Exit short positions near $120,900 and buy immediately on a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero. Scenario 2 Consider selling from the upper border at $123,200 if there is no bullish reaction to its breakout, targeting $122,400 and $120,900. Ethereum Buy scenario Scenario 1 Buy Ethereum at the $4,520 entry point with a target at $4,596. Exit long positions near $4,596 and sell immediately on the rebound. Before buying on a breakout, make sure that the 50-day moving average is below the current price and the Awesome Oscillator is above zero. Scenario 2 Consider buying from the lower border at $4,468 if there is no bearish reaction to its breakout, with targets at $4,520 and $4,596. Sell scenario Scenario 1 Sell Ethereum at the $4,468 entry point with a target at $4,387. Exit short positions near $4,387 and buy immediately during a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero. Scenario 2 Consider selling from the upper border at $4,520 if there is no bullish reaction to its breakout, targeting $4,468 and $4,387. The material has been provided by InstaForex Company - www.instaforex.com

According to media reports, the Bank of England is preparing to introduce exceptions to its proposed restrictions on stablecoins — a move signaling a shift in approach as the UK faces growing pressure to remain competitive with US crypto regulations. The UK's central bank reportedly intends to grant exemptions to certain firms, including cryptocurrency exchanges that need to hold large amounts of stablecoins, and to permit the use of stablecoins as settlement assets within its experimental Digital Securities Sandbox. This decision is expected to mark a significant step toward integrating cryptocurrencies into the UK's traditional financial system. Allowing exemptions for crypto-related companies would enable them to manage assets more efficiently and simplify stablecoin-based transactions. Using stablecoins as settlement instruments within the digital securities sandbox also opens a range of exciting opportunities. It will allow companies to experiment with new technologies and business models related to asset tokenization. The sandbox will serve as a controlled environment for testing these innovations, helping regulators assess both the risks and benefits of using crypto assets at scale. Previous Bank of England proposals included stablecoin holding limits — £20,000 for individuals and £10 million for corporations. These thresholds are expected to be re-examined during public consultations scheduled for later this year. The consideration of possible exemptions follows widespread industry concern over the proposed limits and criticism that the UK risks falling behind markets, in particular the US, which recently passed the GENIUS Act, establishing a regulatory framework for dollar-backed stablecoins. In a recent interview, Bank of England Governor Andrew Bailey struck a softer tone, suggesting that stablecoins and traditional finance can coexist: "I don't share the view that they must be seen as competitors. I recognize their potential to drive innovation in payment systems, both domestically and internationally. However, practice matters — it is crucial that these stablecoins meet conditions ensuring public confidence," Bailey said. Trading recommendations Bitcoin Buyers are now aiming to reclaim the $124,400 level, which would open a direct path toward $126,400, with the next target at $129,100. The ultimate bullish goal lies near $131,100 — a breakout above this zone would signal a strengthening of the bull market. In case of a decline, buyers are expected to defend $122,200. A drop below this support could quickly push BTC down toward $119,700, with $117,100 as the deepest bearish target. Ethereum A solid move above $4,502 paves the way toward $4,582, with the next resistance at $4,651. A breakout above this level would confirm renewed bullish momentum and stronger buyer interest. If ETH falls, buyers are likely to step in around $4,403. A move back below this area could send Ethereum down toward $4,318, with $4,244 as the ultimate downside target. What's on the chart The red lines represent support and resistance levels, where price is expected to either pause or react sharply. The green line shows the 50-day moving average. The blue line is the 100-day moving average. The lime line is the 200-day moving average. Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market. The material has been provided by InstaForex Company - www.instaforex.com

According to economist Timothy Peterson, Bitcoin has a 50% chance of topping $140,000 before the month ends. He posted that likelihood on X and backed it with simulation work that uses a decade of price moves to map likely outcomes. Simulation Based On Historical Data Peterson said the model runs hundreds of simulations using daily Bitcoin prices going back to 2015. Based on those runs, he put the chance Bitcoin finishes the month above $140,000 at 50%. He also gave a 43% probability that the price will end the month below $136k. At the time he spoke, Bitcoin was trading at $121,200. That means a rise of about 11% would be needed to reach $140,000 from the current level. Bitcoin set a fresh all-time high of $126,200 on Monday, then cooled off. The coin began October at roughly $116,500, so the month has already produced gains. According to data, October has been the second-best month on average since 2013, with typical gains of 20%. Reports have disclosed that November is the strongest month historically, averaging 46% gains since 2013. No Human Emotion Peterson described his forecast as driven by data rather than human emotion. He said each projection follows price changes that mirror Bitcoin’s past volatility and rhythm. That approach aims to remove bias from short-term sentiment. Still, there are limits to what historical simulations can show. Bitcoin has sometimes moved in ways that did not match past patterns. Market reactions, policy moves, and other forces can push prices off the script that history suggests. Market Sentiment Remains Bullish Other analysts on social platforms urged continued optimism after the recent high. One analyst said the market was retesting prior highs and could move higher. Another wrote that pressure was building for further gains. These views sit alongside data-led forecasts and are being watched by traders and funds. Macro Notes From A Prominent Investor Reports have also carried comments from Anthony Pompliano, who argued on CNBC that Bitcoin’s rally can continue if governments and central banks keep printing money. His view links monetary policy to Bitcoin demand, and it is widely shared among supporters who see the asset as a hedge. Featured image from Verdict, chart from TradingView

Polymarket is Polygon’s lifesaver. Not only does it generate traffic, but validators also receive decent fees—not too much, but just enough. The prediction market was pivotal in giving a near-precise picture of what voters thought of the November 2024 presidential election. When the mainstream media vouched for Joe Biden, odds were stacking against the incumbent with many on Polymarket placing bets backing Donald Trump. As of October 8, there were over 1.3M traders actively placing bets on the over 46,600 different markets or events. In general, over 27.3M positions had been closed. Out of the many events closed over the last month, the largest trader won more than $1.2M while another ended up losing $1.1M. (Source: Polymarket Analytics) If anything, Polymarket’s growth has been explosive in 2025. Trading volume, data shows, is up 10X year-on-year, and the more bets placed, the more revenue the platform generates. By 2035, the prediction market is projected to hit $153Bn, and if Polymarket retains this dominance, it only means one thing: Developers must innovate to enhance user experience. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Problem With Polymarket Trading Part of this innovation means changing how punters trade events. At the moment, you can only buy “yes” or “no” predictions. There is no in-between. To illustrate, the “New York City Mayoral Election” is trending as of October 8. Over $133M in trading volume has been generated in this event alone, which will resolve and pay out punters on November 4 after voting. (Source: Polymarket) As popular as this event is, there are two options. You can bet on Zohran Mamdani to win by buying “yes” shares for $0.877 each, or bet against him by buying “no” shares for $0.125 each. If Mamdani wins and you buy $100 worth of shares, your return will be $114.03. The problem is that, at current share price rates, it is hard to track prices over time as Mamdani’s popularity changes. By mid-June, Andrew Cumo had a better shot, with over +79% of punters backing him. This changed rapidly, and by late June and throughout July, Mamdani’s popularity soared. Only +10% of all traders think Cumo can win on the November 4 vote. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Trade Polymarket Events List Stocks And Best Cryptos To Buy? A developer wants to change all this by making trading Polymarket events as simple as trading stocks or some of the best cryptos to buy like Solana. Following the $2Bn investment by ICE on October 7, the idea will be to distribute Polymarket’s data to “thousands of financial institutions worldwide.” One developer is now building an open-source repo dubbed Poly Data to collect, store, process, and update the world’s most interesting dataset. The repo features a solution that stores markets and order-filled events in a single sheet, effectively converting opaque event data into easy-to-trade data that “any researcher can understand.” (Source: defiance_cr, X) This repository allows for the analysis of Polymarket data and the prediction of top events based on supply and demand, similar to stock and crypto trading. While there will be no order book at the beginning, the developer plans to “store orderbook data” for historic book archives. DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Trade Polymarket Events Like Stocks, Crypto Polymarket dominates the prediction market Trading events presently hard Developer wants to simplifying event analysis and trading The post Breakthrough: Trade Polymarket Events Like Stocks Or Crypto appeared first on 99Bitcoins.

Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) has lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper (HVC) operation in Canada. The company, which in September agreed to a $53-billion merger with Anglo American (LON: AAL), stressed that the deal’s strategic rationale remains intact. Teck reported QB copper output of 39,600 tonnes and sales of 43,900 tonnes in the third quarter. Annual production guidance for 2025 has been cut to between 170,000 and 190,000 tonnes, down from 210,000–230,000 tonnes, after extended downtime to raise the tailings dam crest. Forecast output for 2026 has also been reduced to 200,000–235,000 tonnes from an earlier 280,000–310,000 tonnes. The Vancouver-based said ongoing tailings management facility (TMF) development continues to restrict output and will cause additional concentrator downtime through 2025, particularly in the third quarter. Net cash unit costs for 2025 are now projected between $2.65 and $3.00 per pound, up from previous guidance of $2.25–$2.45. Costs are expected to ease to $2.25–$2.70 per pound in 2026 as production improves. Highland Valley Copper. (Image courtesy of Teck.) The company added that optimization work at QB, expected to increase throughput by 5–10%, will be delayed beyond 2027–2028 due to continued TMF development and downtime in 2026. Teck warned that if efforts to improve sand drainage or advance TMF construction fall short, production in 2026 and 2027 could face further disruptions. QB has long been central to Teck’s growth plans, but the mine has been mired in difficulties since its overhaul, running more than 80% over budget and years behind schedule. In addition to cost overruns, the project has faced pit and plant instability, a ship-loader outage, and waste storage issues. At HVC in British Columbia, lower grades and maintenance prompted Teck to trim its 2025 copper output guidance to 120,000–130,000 tonnes from 135,000–150,000 tonnes. The company said the rest of its assets should perform broadly in line with earlier forecasts. Proven approach Anglo American said in a separate statement that it “fully supported” Teck’s updated outlook, calling the revisions consistent with the findings of its comprehensive operational review. The mining giant reaffirmed that the merger’s strategic rationale, including synergy estimates and timing, remains unchanged. Anglo also backed Teck’s more measured approach to QB’s ramp-up, noting that its own technical and project delivery teams had successfully addressed similar issues during the commissioning of Quellaveco in Peru. Despite QB’s slower expansion, Teck maintained that the mine’s underlying potential “remains intact” and that synergies with Anglo’s nearby Collahuasi mine could unlock additional value. A 15-km (9.3-mile) conveyor would be built to feed Collahuasi’s high-quality ore into QB’s new processing plants. (Click on map to enlarge) Teck emphasized that QB is capable of operating at design levels, achieving recovery rates of 86% to 92%, when TMF development is not a constraint. Teck president and CEO Jonathan Price said the updated plan reflected “realistic performance assumptions and risk assessments”. Anglo reaffirmed expectations that the merger will deliver an average annual EBITDA uplift of $1.4 billion from combining QB and Collahuasi, along with $800 million in recurring synergies, creating a stronger, more resilient copper producer.

Historically, the Dogecoin price has recorded some of the most legendary rallies in the crypto space. Over the last couple of bull markets, the meme coin seems to have started a trend of outperforming its previous cycle’s performance, notching way more gains than anyone expected. Following this trend, the Dogecoin price is once again approaching a point where it could initiate another rally, and this time around, a crypto analyst predicts that it will reach double-digit values. The Anatomy Of The Historical Breakout Crypto analyst Dima Potts has predicted a possible 37x rally for the Dogecoin price this bull cycle. This forecast is gleaned from the previous cycle performances of the meme coin, with each one registering higher gains than the previous bull market. Mainly, each rally has been triggered when the Dogecoin price has broken out of a descending trendline, highlighted in yellow in the chart below, that begins from the top of the last cycle. This was the case back in 2017, and a repeat of this same breakout in 2021 solidified the trend for the meme coin. After the first breakout was completed back in 2017, the price would rise sharply over the next few months. By the time the bull market was drawing to a close in 2018, the Dogecoin price had completed an 83x rally, rising from below $0.0004 to above $0.0014. The descending trendline began once again with the top in 2018, spanning over two years again before breaking out in 2021. Once the breakout was confirmed in 2021, just like it did in 2017, it triggered a multi-month Dogecoin price rally, and before the end of the year, the price rose a cumulative 183x, moving from under $0.004 to over $0.7. Why The Dogecoin Price Can Rally Above $11 Using this established trend, Dima Potts has outlined how the Dogecoin price could follow the same path. Right now, the altcoin is nearing the completion of the descending trendline, and the only thing that remains is a breakout. The main level of interest lies at $0.4,1, and the analyst believes that if the Dogecoin price closes a week above this level, then the trend would be confirmed. In the most bullish scenario, the price would follow the trend of each cycle’s explosion being higher than the last, suggesting a possible 283x return. However, the crypto analyst takes a more conservative stance, predicting that a 37x rally from the price at which Dogecoin started 2025is likely. This would put the price at $11.71, given that Dogecoin started the year with a price of $0.31.

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

Global markets continue to operate at full throttle: the yen has tumbled to multi-month lows amid political upheaval in Japan; Nvidia is investing a massive $2 billion into Elon Musk's AI startup; Oracle disappointed investors with slim margins in its cloud business; and IBM is making a confident leap into enterprise AI through its partnership with Anthropic. In this report, we break down the causes and consequences behind each headline, analyze market implications, and offer practical insights for traders eager to seize opportunities in a time of intense volatility. The diving yen: the "Takaichi Factor" keeps pressure on Japan's currency The Japanese yen is once again in the spotlight — and not in a flattering way. On Wednesday, the national currency fell to an almost eight-month low against the US dollar. The trigger for the latest sell-off? Political change in Japan, following Sanae Takaichi's victory in the ruling party election. After Takaichi's win in the Liberal Democratic Party leadership race — which effectively determines Japan's next prime minister — investors began dumping the yen en masse. Early Wednesday, the USD/JPY rate jumped 0.5% to 152.64, its highest level since February 14. The day before, it had already gained 1% — a clear signal that markets are rapidly reassessing expectations for the Bank of Japan's next policy moves. The logic is straightforward: Takaichi is known for her support of fiscal stimulus and her criticism of the Bank of Japan's rate-hike efforts. In other words, Japan's next leader is unlikely to cheer for tighter monetary policy. As a result, traders slashed the odds of a BOJ rate hike at the upcoming October 30 meeting — from 60% before the election to just 26% afterwards. The reaction speaks for itself. Still, not all analysts are writing off the possibility of tightening just yet. Mohammad Al-Saraf of Danske Bank believes the BOJ "cannot ignore reality": inflation remains too high, and rates far too low. "The central bank may pause this month," he notes, "but by December, with fresh data in hand, the likelihood of a hike will rise sharply." Meanwhile, Capital Economics takes a more skeptical stance, suggesting the BOJ could use political pressure from the new government as a pretext to delay tightening until January. In essence, the market may soon enter a "who blinks first" standoff between the government and the central bank. What does all this mean for the yen? Unfortunately, nothing good in the short term. If the BOJ pauses and Takaichi doubles down on fiscal stimulus, the yen is likely to weaken further. But for traders, that's no reason to despair — volatility is their bread and butter. Those trading USD/JPY can take advantage of the current setup for momentum-based strategies: while the yen remains under pressure, buying the dollar against the yen looks justified. Still, timing is everything — if the BOJ changes its tone and hints at tightening, the reversal could be swift and sharp. Nvidia commits $2 billion to Musk's xAI ambitions Elon Musk is back in the spotlight — his startup xAI is preparing to raise a record $20 billion to launch one of the most ambitious artificial intelligence projects in the world. Nvidia, the leading global producer of computing and AI chips, is not only supplying the hardware but also investing $2 billion in the venture. Let's break down how the deal works, why Nvidia is joining in, and what it could mean for the market. The story is simple: Musk is rapidly scaling up xAI, which needs an enormous amount of computing power for its new Colossus 2 data center in Memphis. To make this possible, a special financial structure is being created — a special-purpose vehicle (SPV) that raises funds to purchase Nvidia GPUs and then leases them back to xAI for five years. This setup allows xAI to quickly access the necessary hardware while investors remain protected — the expensive chips effectively serve as collateral. Of the total $20 billion, around $7.5 billion will come as equity investments, while up to $12.5 billion will be in debt financing backed by major players such as Apollo Global Management and Diameter Capital Partners. Crucially, Nvidia itself will invest up to $2 billion in this structure. But why would the chipmaker fund its own customer? The answer is straightforward: this way, Nvidia secures long-term demand for its products, effectively locking in a guaranteed market for years ahead. The company also benefits from potential upside if xAI's valuation takes off. This strategy cements Nvidia's role as the core infrastructure provider for next-generation AI projects while competitors are still finding their footing. The broader context is equally compelling. The global AI industry is booming, and demand for data centers — the backbone of AI computation powered largely by Nvidia GPUs — keeps soaring. Deals like this strengthen Nvidia's dominance in the sector. For Musk, meanwhile, rapid access to supercomputing capacity is critical to keep pace with rivals like OpenAI and Meta, who have also signed multi-billion-dollar infrastructure agreements in recent months. There's a catch, though: despite raising $10 billion earlier, xAI is reportedly burning through up to $1 billion per month. That makes the company heavily dependent on new funding and on timely GPU deliveries — a dependency that only deepens Nvidia's strategic importance. For Nvidia, the deal is nearly "win-win." It ensures steady chip production and sales while giving the company equity exposure to a high-profile AI startup — and one carrying Musk's name, which guarantees attention. Nvidia representatives have already stated that their strategy is to accelerate AI development across the industry by helping ambitious clients scale up fast. What does this mean for traders? This move further entrenches Nvidia as the undisputed leader in the AI-chip market. Its willingness to invest its own capital in Musk's infrastructure project underscores confidence in continued GPU demand. For traders and investors, Nvidia's shares remain attractive for medium- and long-term positions, especially during market pullbacks. Such large-scale investments virtually guarantee robust cash flows and solid growth potential in the years ahead. Oracle stock drops after weak cloud-business margins Oracle shares came under pressure after internal figures revealed that profitability in its cloud division fell far short of Wall Street's expectations. Over the summer quarter, Oracle leased roughly $900 million worth of Nvidia-powered servers, but net profit from that activity was only $125 million. Here's what's behind the decline, what's really happening in Oracle's cloud business, and what investors should keep in mind. If anyone thought the AI boom automatically translated into huge profits, Oracle's report was a reality check. For the quarter ending in August, its cloud-computing arm earned $900 million in revenue from GPU server rentals but managed to generate just $125 million in gross profit. Some contracts even posted small losses — particularly those involving older GPU models. The market's reaction was swift: Oracle stock plunged 7.1% before partially recovering. Just a year ago, Oracle's shares had surged 70% amid AI euphoria. The recent sell-off reflects growing skepticism: the gap between hype and hard numbers has become too obvious. In September, the company had promised a 700% jump in cloud revenue over three years, sending shares up 36% in a single day — but investors now demand proof. Not everyone is panicking, though. Analyst John DiFucci argues that thin margins are typical in early-stage infrastructure rollouts: "At the start, profits are narrow, but lifecycle margins won't fall below 25% — Oracle's scale and logic won't allow it." In his view, Oracle remains a key infrastructure supplier for AI workloads, balancing cost and performance effectively. Still, the company faces heavy capital expenses to expand data centers, weighing on profitability. Its annual gross margin has dropped to a 12-month low of 67.3%. Oracle continues to build capacity and sign large contracts — including a 4.5-gigawatt data-center deal with OpenAI — while reportedly exploring a bid for TikTok's US business, adding risk and uncertainty. Oracle now walks a fine line: AI promises huge rewards, but spending is outpacing earnings, and every negative headline hits the stock. Takeaway for traders: Oracle must prove this is only a temporary dip and restore margins over the next few quarters. The pullback could present a buying opportunity for investors betting on a medium- or long-term rebound. Aggressive traders might exploit dips following negative news, while conservative investors should monitor margin trends and new contract announcements closely. IBM pushes enterprise AI to the next level with anthropic partnership IBM has entered the corporate AI race in earnest, announcing a strategic partnership with Anthropic to integrate its advanced Claude model directly into IBM's software-development tools. The announcement, made at IBM TechXchange 2025 in Orlando, marks more than just another press release — it represents a major shift in enterprise software strategy. The initiative, dubbed Project Bob, targets large-scale corporate use rather than hobbyist programmers. More than 6,000 IBM employees have already tested the platform, reporting an average 45% productivity boost — an impressive figure even for skeptics. But Bob isn't just another "ChatGPT for coders." It maintains continuous organizational context, coordinates multiple language models, and automates large-scale tasks — from Java updates and framework migrations to security upgrades across thousands of repositories — all tailored to corporate standards and governance. IBM's Senior VP of Software Dinesh Nirmal emphasized that the company's decades-long dominance in enterprise tech stems not from legacy alone but from understanding industrial-scale deployment — something that sets IBM apart from "lab unicorns." The Anthropic partnership enriches IBM's software stack with cutting-edge AI while maintaining control, security, and real-world adaptability. Anthropic, for its part, has bold ambitions. Co-founder Mike Krieger noted that Claude has already become "the top choice for developers at major enterprises," and that the IBM alliance will deepen its reach in the corporate segment — with a strong focus on safety and standardization. The two companies have even published a joint framework for enterprise AI-agent architecture, and IBM has pledged support for the Model Context Protocol, helping set open standards for the AI industry. Unsurprisingly, IBM shares have risen 28% year-to-date. The company is steadily shifting its focus from legacy IT services to hybrid cloud and enterprise AI, while experts expect the global corporate AI market to grow 19–37% annually through 2030. IBM aims to claim this niche not through hype but through systematic innovation and trusted partnerships. For traders: IBM is emerging as a quiet leader in enterprise AI, and its partnership with Anthropic strengthens its long-term growth outlook. The current trend supports strategic accumulation of IBM stock on market pullbacks, with an eye toward steady appreciation alongside the enterprise-AI sector. More aggressive investors can also look for short-term trading opportunities around new technology releases and product news. Don't miss the moment when a "legacy tech giant" becomes a central player in the next AI revolution — stay ready to act when opportunity knocks. The material has been provided by InstaForex Company - www.instaforex.com

US stock indices close lowerUS stock indices closed lower: the S&P 500 was down 0.38%, and the Nasdaq 100 lost 0.67%. Tesla shares fell by more than 4% following the launch of new models, while Dell shares rose by 3.5% on strong AI demand. Analysts believe that the fluctuations reflect capital rotation between technology segments. Follow the link for more details. Investors reassess expectations after Oracle reportInvestors reacted to disappointing results from Oracle, which triggered a correction in the S&P 500. Elevated stock valuations and uncertainty could affect further market dynamics, especially during the shutdown. Market participants are closely watching corporate reports that may set the tone for the new quarter. Follow the link for more details. Nvidia's investments drive global trendsThe Japanese yen reached a multi-month low amid political changes in the country. Meanwhile, Nvidia is investing $2 billion in Elon Musk's xAI startup, strengthening its position in the AI market. Experts forecast further increased influence of US tech companies in the global economy. Follow the link for more details. Oracle loses ground, but analysts remain optimisticOracle saw its shares decline after reporting low margins in its cloud business. Nonetheless, some analysts believe that this is a temporary issue and expect profit recovery in the future. The company plans to boost investments in AI infrastructure to restore investor confidence. Follow the link for more details. IBM and Anthropic announce strategic partnershipIBM announced a strategic partnership with Anthropic to integrate AI into enterprise solutions, which may have contributed to a rise in the company's stock. The enterprise AI market is expected to grow by 19-37% annually through 2030. The agreement opens up new opportunities for IBM in the cloud services and analytics platform market. Follow the link for more details. As a reminder, InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping traders capitalize efficiently on market volatility. The material has been provided by InstaForex Company - www.instaforex.com

Only the British pound was traded today through the Mean Reversion strategy, but even there no major reversal occurred. I did not use the Momentum strategy for any trades. A sharp drop in German industrial production led to a steep fall in the euro, but the bearish market failed to gain further traction. The pound also slightly recovered against the dollar, indicating traders' rather cautious approach toward buying the U.S. dollar. In the second half of the day, a fairly large number of interviews and speeches from Federal Reserve representatives are expected. Special attention should be paid to statements by FOMC members Michael S. Barr, Neel Kashkari, and Austan D. Goolsbee. The market is particularly awaiting comments regarding inflation and future prospects for monetary policy. The short-term dynamics of the U.S. currency will depend on their remarks. Traders will carefully analyze the rhetoric of Fed representatives, trying to catch even the slightest hints of further rate cuts. If such hints do not appear, the dollar may resume its growth. It is important to note that opinions within the FOMC may differ. Barr, Kashkari, and Goolsbee may express different views on the current economic situation and optimal strategies. Therefore, traders will closely monitor the content of their official statements. Also today, the minutes of the September Fed meeting will be published. This document contains detailed records of discussions and debates held during the FOMC meeting at which the decision to cut rates was made. Studying the minutes provides critically important insights into Fed officials' views on economic prospects, inflation, and labor markets. In the case of strong data, I will rely on the Momentum strategy. If the market shows little reaction, I will continue to use the Mean Reversion strategy. Momentum Strategy (Breakout) for the Second Half of the Day: For EUR/USD Buying on a breakout of 1.1640 may lead to growth toward 1.1680 and 1.1710;Selling on a breakout of 1.1610 may lead to a decline toward 1.1575 and 1.1530.For GBP/USD Buying on a breakout of 1.3440 may lead to growth toward 1.3460 and 1.3500;Selling on a breakout of 1.3400 may lead to a decline toward 1.3380 and 1.3360.For USD/JPY Buying on a breakout of 153.00 may lead to growth toward 153.40 and 153.65;Selling on a breakout of 152.75 may lead to a decline toward 152.35 and 152.00.Mean Reversion Strategy (Reversal) for the Second Half of the Day: For EUR/USD I will look for selling opportunities after a failed breakout above 1.1639 with a return below this level;I will look for buying opportunities after a failed breakout below 1.1599 with a return back to this level. For GBP/USD I will look for selling opportunities after a failed breakout above 1.3437 with a return below this level;I will look for buying opportunities after a failed breakout below 1.3379 with a return back to this level. For AUD/USD I will look for selling opportunities after a failed breakout above 0.6581 with a return below this level;I will look for buying opportunities after a failed breakout below 0.6558 with a return back to this level. For USD/CAD I will look for selling opportunities after a failed breakout above 1.3964 with a return below this level;I will look for buying opportunities after a failed breakout below 1.3939 with a return back to this level.The material has been provided by InstaForex Company - www.instaforex.com

Kazakhstan’s Fincraft Group is seeking to acquire Tethys Petroleum (CVE: TPL), a Toronto-listed oil and mining company, as part of a broader push to integrate upstream energy production into its expanding mining portfolio. The move, announced in a non-binding letter of intent in September, also reflects Fincraft’s strategy to secure greater control over the Central Asian region’s critical resource infrastructure. Fincraft, which trades on the Kazakhstan Stock Exchange, operates significant assets in nickel through Kaznickel, as well as cobalt and coal via Shubarkol Premium. It has previously held controlling stakes in London-listed gold miner Petropavlovsk and Central Asia Metals, consolidating its position as one of the region’s most diversified mining groups. Sources close to the deal say Fincraft sees it that Tethys, which operates oil and gas fields across Kazakhstan, a rare opportunity to consolidate access to both mineral and energy assets within the same geography. The group’s billionaire chairman, Kenges Rakishev, has long pursued cross-sector investments with a focus on scaling industrial ecosystems around core commodities. A regular on the Forbes list of billionaires, Rakishev has previously launched ventures in blockchain, plant-based food production and tech start-ups, but in recent years has redirected his focus toward domestic industrial expansion, investing heavily in nickel extraction within Kazakhstan. Kenges Rakishev. (Image: LinkedIn.) Through the proposed acquisition, Rakishev aims to integrate Tethys into Fincraft’s broader mining operations, securing access to energy reserves that could underpin future metals processing and export operations. The integration would also allow Fincraft to leverage Tethys’s existing oil and gas infrastructure to support logistics and industrial development across its mining network. Kazakhstan’s resource bet In the three decades since the collapse of the Soviet Union, Kazakhstan has built an economy heavily reliant on natural resources. Through state-owned mining firms, the country has become a leading supplier not only of oil and uranium but also of gold, copper, manganese and chromium. For years, however, international miners steered clear of Kazakhstan, citing bureaucratic hurdles, opaque regulations and entrenched corruption. Despite its promise, the sector stagnated as new exploration opportunities dwindled. Recognizing the problem, the government overhauled its mining code in 2018, drawing on Australia’s investment-friendly model to encourage exploration. While the reforms did not immediately trigger a wave of foreign investment, Western interest has begun to return. The number of exploration licences issued in 2024 nearly doubled the annual average of the previous six years, with known companies such as Ivanhoe Mines (TSX: IVN) stepping up prospecting efforts. Fincraft’s move for Tethys comes at a moment when that shift in sentiment is beginning to take hold. Rakishev appears to be betting that Kazakhstan’s regulatory overhaul and renewed investor confidence have created a more stable environment for large-scale mining integration. Investors complaint Rakishev’s approach comes amid rising dissatisfaction among Tethys shareholders over corporate governance. One investor, Gazexport, publicly endorsed Fincraft’s proposal last week, citing what it described as weak oversight under chairman and chief executive Bill Wells. The shareholder said inadequate infrastructure at the Kul-Bas oil field, discovered in 2020, had caused frequent production interruptions and hindered growth. Gazexport also criticized the management of Tethys’s gas assets, pointing to the lack of a formal supply agreement with the national operator QazaqGaz and to a decision to accept lower gas prices, which it said had caused losses of up to US$2.5mn. The company further noted the board’s failure to pursue a potential claim before the London Court of International Arbitration to uphold gas pricing terms under a 2019 supply contract. State-run Kazatomprom operates 26 uranium deposits grouped into 14 asset clusters, all of which are located in Kazakhstan. (Image courtesy of Kazatomprom.) “As a significant shareholder of Tethys, we have spent the last few months in discussions with management but have been disappointed by the lack of willingness to engage or provide Fincraft with representation on the board,” Gazexport said. Earlier this year, Fincraft nominated a Kazakhstan-based director with extensive local industry experience to join Tethys’s board, but the proposal was rejected. The company has since cited the suspension of natural gas supplies for more than 18 months as further evidence of mismanagement. If completed, the acquisition would mark one of the most consequential cross-border mining-related transactions led by a Kazakh investor in recent years.

The euro has given up its earlier gains and is now continuing to decline against the British pound. An attempted rebound from Monday's low at 0.8675 was rejected near the 0.8700 level, and the pair has now dropped below the 50-day SMA. At present, the euro has failed to take a defensive position, with all attention focused on France, where the unexpected resignation of Prime Minister Lecornu has heightened concerns about the fragility of the country's financial system. Rating agencies are warning of possible further credit rating downgrades. On the other side of the pair, the pound is not in much better shape. Recent data showed a noticeable slowdown in the services sector, while a Bank of England survey released on Tuesday indicated that hiring plans among UK companies had fallen to their lowest levels since 2020. From a technical standpoint, the Relative Strength Index on the daily chart has moved into negative territory, confirming the bulls' weakness in challenging resistance. Prices have also fallen below the 50-day SMA, heading toward the next support level at 0.8635. The 50-day SMA now acts as resistance, above which bulls will attempt to push back toward the round 0.8700 level. As long as the RSI remains in negative territory, it will be difficult for buyers to overcome the 50-day SMA resistance. The table below shows the percentage change of the euro against major currencies for today. The euro has shown the greatest strength against the New Zealand dollar. The material has been provided by InstaForex Company - www.instaforex.com

Hyperliquid token (HYPE) slipped for a fifth straight session Tuesday, falling about 6% intraday to the $45–$46 and finally rebounding slightly today. HYPE has a lot going for it: low fees on both perps and spot. Also no KYC cause it’s a dex The move adds to a week of steady bleeding, but on-chain and technical indicators hint the selloff could be running out of steam. Here’s what’s next for Hyperliquid: Hyperliquid Token: Tight Range Signals Next Move, Rounding Bottom or Fakeout? (Source: TradingView) Two more weeks. That’s when people think altcoin season is finally going to break out… maybe in two more weeks we’ll be saying that phrase again. Who knows! But as it stands, resistance remains tight for Hyperliquid at $46.50–$47, where every intraday rally has stalled. Here are some other important technicals: Bollinger Bands are narrowing, a setup that often precedes a breakout The moving averages are lining up too. The 20-day and 200-day SMAs just crossed near $45.5 in a mini golden cross (Source: CoinGecko) On the chart, HYPE is forming what appears to be a rounding bottom. A confirmed breakout could target $47.50–$48. RSI sits at 67, which is not overheated yet. Close but not there yet. Volume hasn’t spiked, which hints at quiet accumulation before a decisive move. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Hyperliquid Derivatives Turn Bearish as Spot Stays Resilient According to Coinglass, the long-to-short ratio for HYPE has dropped to 0.80, its weakest in over a month, showing that futures traders are leaning short into the dip. Momentum indicators also lean cautious, with the RSI below 50 and MACD flashing a bearish cross. Even so, spot markets continue to hold the line. Price action has repeatedly found footing in the mid-$40s, similar to past consolidation zones that preceded sharp breakouts. On the downside, the next key support lies between $39–$40. A clean break there would risk a deeper correction. Conversely, reclaiming $51–$52 would likely trigger a squeeze higher toward $55–$60. DISCOVER: 20+ Next Crypto to Explode in 2025 Final Thoughts on HYPE: Where Do We Go From Here? Market Cap 24h 7d 30d 1y All Time DeFi Llama data shows Hyperliquid pulling in about $5M a day in protocol revenue, which is a steady flow even as rival perp DEXs dangle incentives. Around 660,000 HYPE (≈$30M) is staked, tightening supply and supporting a potential rebound. The key range sits between $44 and $49. A close above $49 flips momentum bullish toward $52–$55, while losing $46–$47 risks another drop to $44 or even $40. With funding rates flat and open interest cooling, the setup mirrors past mid-cycle pullbacks that often end with a sharp recovery. EXPLORE: Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Hyperliquid token (HYPE) slipped for a fifth straight session Tuesday, falling about 6% intraday to the $45–$46. DeFi Llama data shows Hyperliquid pulling in about $5 Mn a day in protocol revenue. The post Hyperliquid Token (HYPE) Tests Key Support as Traders Eye Potential $100 Rebound appeared first on 99Bitcoins.

Today, the EUR/USD pair is under pressure, despite comments from former French Prime Minister Sebastien Lecornu, who denied the possibility of new elections and assured that the budget would be approved by the end of the year, thereby easing some of the negative pressure on the euro. Earlier in the day, the euro came under increased pressure from French President Emmanuel Macron, who pushed for early elections amid growing criticism within his own team. Former allies joined the opposition parties' demands for elections or resignation, while rating agencies warned of a possible downgrade of France's sovereign credit rating if the political crisis drags on. Across the Atlantic, the situation is not much better. Leaders of the Democratic and Republican parties in the U.S. Senate continue to seek ways to restore funding, as the "shutdown" has already lasted into its second week, and the chances of ending it this week have dropped to 23%, according to a Polymarket poll. The lack of progress has started to negatively affect market sentiment, boosting demand for the dollar and other safe-haven assets. On Wednesday's economic calendar, the key event will be the release of the minutes from the latest Federal Reserve meeting. Comments from Fed officials are also expected during the U.S. session, along with a speech from ECB President Christine Lagarde. From a technical perspective, oscillators on the daily chart have begun to gain negative momentum. Prices are also moving below the 100-day SMA, currently at 1.1625. If prices fail to hold this level, as well as the round 1.1600 mark, the pair will accelerate its decline toward the next round level at 1.1500. If prices manage to return above the 100-day SMA, then bulls may regain some hope for a positive outlook. Below is a table showing the percentage change of the euro against major currencies for today. The euro has been strongest against the New Zealand dollar. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin has seen a pullback below the $121,000 mark in the past day. Here’s where the next support level could lie, according to on-chain data. Bitcoin Has Witnessed A Fast Plunge During The Last 24 Hours Bitcoin looked to be entering into an extended all-time high (ATH) exploration mode as it set multiple new records over the weekend and Monday, but the market has been delivered a Tuesday shock as the cryptocurrency has seen a quick crash back below $121,000. Compared to the new ATH around $126,200, Bitcoin is now down more than 4%. The altcoins have also taken a hit during the past day, with many top coins even printing returns worse than the number one digital asset. 24-hour losses stand at 5% for Ethereum and 6% for XRP. BNB is the only cryptocurrency among the large caps that has managed a positive return of 5%. With Bitcoin now sliding down, one question naturally arises: how much lower can the asset go? While markets are unpredictable, there can still be some factors worth keeping an eye on. One such factor may be on-chain support clusters. BTC CBD Shows Support Cluster Around $117,000 In a new post on X, on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution (CBD) is looking for Bitcoin. The CBD is an indictor that tells us about how many tokens of the cryptocurrency were last acquired at the various spot price levels. Below is the chart for the metric shared by Glassnode. As displayed in the above graph, the $120,000 to $121,000 range, which the cryptocurrency is retesting right now, carries the cost basis of a thin amount of supply. In on-chain analysis, investor cost basis is considered an important topic because holders tend to react in a special manner whenever their break-even level is retested. The more supply that was last purchased at a particular level, the stronger is the market’s reaction to a retest. When investors face a retest of their profit-loss boundary from the above, they may decide to buy more, believing the drawdown to be a “dip” or for simply defending their cost basis. Given that the current range contains the cost basis of some investors, some degree of accumulation could happen, but it only remains to be seen whether it will be enough for a bottom. In the scenario that BTC declines further, the next key support cluster to watch is located near $117,000, where a notable 190,000 BTC was acquired. “A pullback into this area could attract demand as recent buyers defend the level,” explains the analytics firm.

Overview: The US dollar's recovery accelerated today, and it has not deterred gold from surging through the $4000-mark in the spot market. With the US government still shut and no apparent negotiations to end it, greenback's gains seem to be a reflection of poor developments elsewhere. Following the LDP's leadership election over the past weekend, the yen has plunged more than 3.5% this week and the sell-off does not appear complete. Unexpectedly poor German data and the French political morass has sent the euro lower for the third consecutive session. It approached last month's low near $1.16. It reached a multi-year high on September 17, near $1.1920. There is some optimism of compromise in France today, and while it has helped French assets, it has done little for the euro. The Reserve Bank of New Zealand delivered a dovish 50 bp cut and indicated that its monetary easing cycle is not over. The New Zealand dollar was sold to its lowest level in nearly six months. As is often the case in the firm US dollar environment, the Canadian dollar is performing best, nursing minor losses. The greenback is also firmer against most emerging market currencies. Equities were mixed in the Asia Pacific region, but the MSCI regional index snapped a six-day advance yesterday and slipped a little further today. Europe's Stoxx 600 is up a little more than 0.5% and is poised to post a gain for the first time this week. US index futures are slightly firmer. Bonds have rallied. European yields are off 2-4 bp, with French bonds leading the way. The 10-year US Treasury yield is off a basis point to almost 4.11%. Gold soared to nearly $4046. November WTI is near a five-day high around $62.65. USD: The Dollar Index held above 98.00 yesterday and settled firmly before accelerating today to almost 99.00. It has taken out the (61.8%) retracement of the decline since August 1, which was a little above the late September high (~98.60). A bottoming technical pattern may have been forged and the move above 98.70 could project a correction back toward 100.25. The FOMC minutes from last month's meeting may draw more attention than usual. First, with the federal government shut, there is little official data to compete with it. Second, color around Miran joining the board may be of interest. The new Summary of Economic Projections was generated, and Chair Powell made it seem like Miran was isolated. Still, comments from Governor Bowman, including yesterday's remarks, suggest she may join Miran at this month's meeting, in which he will most likely dissent again in favor of a 50 bp cut. Minneapolis Fed President Kashkari, a non-voter this year, speaks today but his views are known after speaking yesterday too (sees two more rate cuts this year). Governor Barr speaks on the community developments and St. Louis Fed President Musalem, who has the vote this year, introduces the community development conference. Powell speaks tomorrow but his remarks have been pre-recorded and there will be no Q&A. EURO: The euro cannot get out of its own way. Between the collapse of another French government and continued disappointing German data, and the risk of a Belgium credit downgrade, the euro is at the lower end of where it has traded in the past month. It was sold to a little below $1.1610 so far today. The (61.8%) retracement of the rally since August 1 is near $1.1595. Some pressure on the euro may be option related with over 3 bln euros in options struck at $1.1650 expiring today and Friday. Yesterday, German reported factory orders fell for four consecutive months through August and six of the first eight months of the year. Today, it reported a heady 4.3% plunge in August industrial output. The median forecast in Bloomberg's survey was for a 1% decline. It was the largest decline since 2022. Auto output collapsed by 18.5%, which may be partly a reflection of annual plant closures for holidays and production line changes. Excluding energy and construction, output fell 5.6%. French Prime Minister Lecornu who lasted a little more than half as long as the UK's Truss did a few years ago seems more optimistic that a new government with the same parliament can find a way through the impasse, which may go through small budget cuts next year and a suspension in the pension law until the 2027 presidential election. French bonds and stocks are among the strongest in Europe today. CNY: Mainland markets re-open tomorrow. When the onshore yuan stopped trading, the dollar was near CNH7.13. The generally firmer greenback tone has seen in rise above CNH7.15 for the first time since late August. If the yuan were less closely managed, the CNH7.15 area would appear as a neckline of a bottoming pattern that projects back to a little above CNH7.20. There continue to be reports suggesting that international investors are looking to boost their exposure to Chinese equities. JPY: Even without higher US yields, the greenback extended its gains to JPY152 yesterday to reach its best level since February. It has extended the gains today to almost JPY153.00. It settled Monday and Tuesday above its upper Bollinger Band, found near JPY151.70 today. The greenback peaked a little more than a week before President Trump's second inauguration near JPY158.85. There is little on the charts now until around JPY153.20 and then JPY154.40. Earlier today, Japan reported slower labor cash earnings for August (1.5% vs. a revised 3.4% from initially 4.1%). Adjusted for inflation, real cash earnings fell 1.4% (July's 0.5% increase was revised to -0.2%). Still, as was reported yesterday, it did not deter Japanese household spending, which rose 2.3% from a year ago. Separately, Japan reported a larger August current account surplus (~JPY3.78 trillion, up from JPY2.68 trillion in July but down from JPY3.97 trillion in August 2024). The trade deficit narrowed to JPY105.6 bln from JPY189.5 bln in July and JPY385.5 bln in August 2024. Despite the weakness in yen, what is expected to be the new LDP-led government is seen deterring a rate hike by the BOJ. At the end of last week, the swaps market had pricing in 14 bp of a hike. It fell to slightly less than five basis points on Monday and now it is a little more than six. GBP: Sterling was pressed to a six-day low in the North American morning yesterday near $1.3390. It absorbed the bids below the figure and recovered to almost $1.3450. Today, sterling has made a marginal new low near $1.3385. It recovered to around $1.3425 in early European trading before stalling. Sterling needs to re-establish a foothold above $1.35 to help improve the technical tone. As one would suspect, European bond yields are highly correlated. There is an intuitive logic to it. The UK fiscal issue will come to a head with next month's Autumn budget presentation. The markets are wary, and the correlation between changes in French and UK 10-year yields has returned to the year's highs, slightly north of 0.85. The year's low in April was near 0.50, and more recently, in late August, and is now a little above 0.55. Gilts are a laggard today, with the 10-year yield off less than a basis point. CAD: Canada reported a larger than expected August merchandise trade deficit yesterday (C$6.32 bln vs C$5.6 bln), but the downward revision to the July deficit kept the two-month average in line with projections. The September IVEY PMI jumped to 59.8 from 50.1, which is strongest reading since June 2024. The greenback was confined to a narrow range against the Canadian dollar yesterday, mostly traversing between about CAD1.3940 and CAD1.3965. As it often does in a firm US dollar backdrop, the Canadian dollar performed well on the crosses against the other G10 currencies. Still, it remains within the range set last Thursday: ~CAD1.3935-CAD1.3985. AUD: According to Bloomberg's data, yesterday, the Australian dollar took out Monday's low by 1/100 of a cent to almost $0.6480. Follow-through selling today took it to almost $0.6555. Nearby support is seen in the $0.6545-50 area. Once source of demand for the Australian dollar in recent months has been against the New Zealand dollar. It has risen by a little more than 5% since the end of June. It reached a three-year high last week near NZD1.1420, which it took out today on its way to NZD1.1445 today. A key driver is the divergence of monetary policy. The Reserve Bank of New Zealand has been considerably more aggressive in easing policy than the Reserve Bank of Australia. With today's cut 50 bp cut, the RBNZ has cut its policy rate by 175 bp this year after 125 bp cuts last year. The RBNZ kept the door open to additional easing. The RBA began its easing cycle this year and has cut rates three times for a total of 75 bp. Its cash rate target is 3.60% compared with 2.50% in New Zealand. The swaps market has one more quarter-point RBNZ cut this year discounted. The Kiwi fell to almost $0.5735 today, its lowest level since April. MXN: The dollar consolidated quietly yesterday inside Monday's range. The greenback held support near MXN18.3300. It was capped near MXN18.4160 yesterday and reached MXN18.4355 today. Monday's high was near MXN18.49 and last week's high was about MXN18.5160. A trendline drawn off the Sept 25 high (~MXN18.5640), the last week's high (October 2), and Monday's high comes in today near MXN18.4750. Mexico's vehicle production increased 1.6% in September to its strongest level since June. Exports rose even faster. Mexico exported about 88.5% of the vehicles up from a little less than 85% in August. In September 2024, Mexico exports nearly 83.4% of its vehicle production. Estimates suggest China exports about 20% of its vehicle production. China's scale and trade practices are daunting but as a share of its output, it is less reliant on exports that commonly imagined. Disclaimer

Most crypto news revolves around the Bitcoin price, which is riding a rollercoaster, flirting with 6% gain this week but dropping by a percent today. Bitcoin is now hovering above $122,000 in price. Meanwhile, ETH is dancing to its own beat, volatile, unpredictable, and currently sits around $4,480 USD. And yet, XRP is lagging far behind. After rallying past 3 USD this summer, XRP is now languishing at under $2.9, unable to keep pace with the ongoing crypto rally. Market Cap 24h 7d 30d 1y All Time The total crypto market cap has climbed to $4.26 trillion, down some 2% over 24 hours, likely a correction after yesterday’s pouring of institutional capital across the market. But in this green sea, XRP USD is a red blot. BNB, on the other hand, is having its moment. Surging past Solana, Tether, and XRP, BNB now holds the #3 slot in market cap of above $180 billion. Its 24‑hour gains by more than 5% place its price at $1,325 when this article was being written. Data shows that BNB’s chain is attracting TVL inflows even as others lag. (source – Coingecko) DISCOVER: 10+ Next Crypto to 100X In 2025 Crypto News Today Reports XRP with Weakness On USD Amid Wider Gains as ETH Shows Strengths, But Failed To Capitalize While the Bitcoin and ETH USD price spark crypto news headlines with their wild swings, XRP, today, has become a not-so-fairy tale. Data from various sites reports over $6.24 billion in Ripple short liquidations last month, but the price barely budged. XRP market cap has slid to around $170 billion, dropped under BNB, and Tether USD Stablecoin, USDT. (source – XRP USD Liquidations, Coinglass) On-chain data also tells the same story. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } XRP XRP $2.88 3.24% XRP XRP Price $2.88 3.24% /24h Volume in 24h $6.54B Price 7d Read the full story here. 2 hours ago What is KGEN? New APTOS Coin Tumbles on Launch By Akiyama Felix The cryptocurrency market has recently experienced another disappointing debut. This time, it’s KGEN Crypto, the native token of the KGeN Protocol, which launched on October 7, 2025, on major exchanges including Binance, OKX, and KuCoin. Promoted as one of the most eagerly anticipated launches based on Aptos this year, KGEN was expected to demonstrate real-world adoption in areas such as decentralised identity, gaming, and AI-integrated DeFi. Instead, the KGEN price plummeted 67% within hours of its debut, sparking FUD across social media and raising questions about whether this is a collapse or a long-term opportunity among new crypto to buy. Market Cap 24h 7d 30d 1y All Time Read the full story here The post Crypto Market News Today, October 8: XRP Underperforming, BNB USD Pair Chilling at All Time High, ETH and Bitcoin Price Volatile appeared first on 99Bitcoins.