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Most Read: GBP/USD Forecast: Cable Recovers but the Outlook Remains Murky. WIll NFP Data Serve as a Catalyst? EUR/USD finally got the catalyst it needed to break the channel that price had been holding since the back end of July. August 22 and September 1 both saw EUR/USD attempt to break beyond the channel but the move was met with swift selling pressure. This led many to believe that a catalyst may be needed to inspire a breakout as the pair saw a lot of choppy price action over the last month. Jobs Report Weighs on the US Dollar Non farm payrolls rose only about 22k while economists guessed near 75k. There were about 29k upward revisions for the last two months, yet even after adding them the total still looks like a small miss. Unemployment edged up to 4.3 percent from 4.2 percent, which was kind of expected, but under employment, workers who want more hours climbed faster to 8.1 percent from 7.9 percent. Hours worked fell roughly to 34.2 per week and wage growth slipped to 3.7 percent year over year instead of 3.9 percent, so softness appears everywhere. Read more: US Non-Farm Payrolls finally release and they miss! 22K vs 75K consensus, Canadian Jobs data regress (-65K vs +10K) Over the last two‑and‑a‑half years almost nine‑tenths of new jobs came from just three fields: government, private health and education, plus leisure‑hospitality. If you strip those three out, payroll numbers have actually slipped for four straight months, hinting at problems in sectors usually called growth engines of the U.S. economy. As things stand, serious concerns are starting to be raised by consumers around the health of the US economy. Consumers expect the labor market situation to deteriorate rather than get any better. According to recent University of Michigan data, 62% of Americans think unemployment will rise over the next 12 months while only 13% think it will fall. This gives a net reading of 49% who expect unemployment to rise. We’ve only seen worse readings on four occasions in the past 50 or so years, as seen in the chart below. Source: ING Think Implications for the FED Market participants have for the first time begun pricing in the probability of a 50 bps rate cut in September. This has been one of the biggest reasons for the US Dollar weakness we are seeing today. According to LSEG data at the time of writing, markets were pricing in around 11% probability of a 50 bps cut at the September meeting. This has in part led to a slide in the US Dollar and seen Gold prices attract haven bids. Source: LSEG The uncertainties and the potential for a recession are definitely rising and this could also be why haven demand has remained strong. The Fed’s Beige Book released this week read grim, and that helped spark a 50 bp cut last year. Yet the current makeup of the Fed looks cautious, and the shadow of tariffs and inflation adds uncertainty. It is likely that a majority for another 50 bps cut won’t form, though two or three members could vote for it. Policy Divergence to Aid the Euro Through December 2025 The Euro may also gain an advantage as policy divergence comes into play. Let me explain, the ECB may still cut rates once more this year but that is about it. The Fed are noow scheduled for two rate cuts and potentially if the job market worsens, three rate cuts this year if not an early one in 2026. This sets the Euro up handsomely to gain further ground against the greenback. The Eruo Area economy is grappling with its own challenges though so the narrative could change. For now though the outlook does favor further gains for the Euro against the Greenback. Looking Ahead Market participants will now turn their attention to a slew of high impact data releases next week from the US. PPI, CPI and University of Michigan data will all be released and could have a further impact on rate cut expectations. A softer than expected CPI and PPI print could see the bets for a 50 bps rate cut in September rise and further bolster the Euro. Also keep an eye out for comments from Federal Reserve policymakers and how they receive and interpret today's data release. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. Technical Analysis - EUR/USD EUR/USD is breaking the channel on the four hour chart which has been in play since late July. We have seen two attempts to break the channel fail and this time the NFP data may be the catalyst. A four-hour candle close above the channel has occurred and if the pattern for channel breaks is to conclude it could result in a potential 370 pip upside rally. This could put EUR/USD around the 1.2100 mark should it come to fruition. Now there are a host of fundamental factors discussed above which support the move. There is also a few that do not, so bear that in mind moving forward. Looking at the period-14 RSI and it is currently in extremely overbought territory. This could lead to a short-term pullback before the bulls continue to move higher. Looking at the four-hour chart and the swing low at 1.1631 will hold the key for me. A four-hour candle break and close below this level would have me reevaluating the pair. As long as this level remains support, the potential for a rally remains in play. Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Ethereum has entered a consolidation phase after losing the $4,500 level, now trading within a tight range above $4,250. The recent pullback has increased uncertainty across the market, with investors weighing whether ETH will break lower or gather enough momentum to attempt another rally. Despite this volatility, Ethereum continues to demonstrate strong underlying fundamentals, supported by consistent whale and institutional accumulation. According to top analyst Darkfost, whale activity on Ethereum remains elevated, with significant outflows recorded from Binance in recent sessions. These withdrawals highlight an important trend: whales are not selling but rather moving their ETH into decentralized finance ecosystems. In fact, several notable transactions were detected this morning, with large holders transferring ETH from Binance to Aave, deploying it for yield opportunities. This ongoing accumulation and redeployment reflect a growing conviction among whales that Ethereum remains one of the most attractive assets in the market. By leveraging ETH in DeFi rather than offloading it, large players are signaling long-term confidence in Ethereum’s value. As the bullish trend quietly unfolds behind the scenes, the market’s consolidation may ultimately serve as a foundation for Ethereum’s next major move. Whale Outflows Underscore Ethereum Strength Ethereum whales have once again demonstrated their conviction with a series of large outflows from Binance. Within just a few minutes, three massive transactions were recorded: the first totaling roughly 23,000 ETH, the second a much larger 64,000 ETH, and the final outflow an extraordinary 83,000 ETH. Altogether, these movements represent nearly $750 million worth of Ethereum withdrawn from the exchange in a single burst of activity. These outflows have had a measurable impact on Binance’s reserves. With this wave of withdrawals, the amount of ETH held on the exchange has fallen to 4.2 million ETH, highlighting a continued decline in centralized exchange balances. Historically, declining reserves have been viewed as a sign of strong demand, as coins are moved off exchanges and into long-term storage or deployed into decentralized finance platforms like Aave for yield. The conviction displayed by whales in this instance sends a powerful signal to the market. Rather than reacting to short-term volatility, these large holders are positioning themselves for the long term, underscoring Ethereum’s resilience even during consolidation phases. This activity also explains why ETH has been outperforming Bitcoin recently—whale demand continues to funnel into Ethereum while Bitcoin faces more muted accumulation trends. The strength of these outflows reflects the growing institutional and whale appetite for Ethereum. With reserves shrinking and demand proving consistent, the market may be setting the stage for Ethereum’s next breakout once broader conditions align. Testing Key Supports Amid Sideways Action Ethereum (ETH) is currently trading around $4,381, consolidating after a volatile period that has kept price action capped below the $4,500 resistance zone. The chart shows ETH respecting the $4,300 area, with the 200-period SMA (red line) acting as a key structural support. As long as this level holds, Ethereum avoids a deeper correction. Shorter moving averages provide insight into momentum. The 50 SMA (blue line) is converging with the 100 SMA (green line), reflecting sideways market conditions and a lack of clear direction. ETH has repeatedly tested the $4,450–$4,500 resistance zone over the past two weeks but has failed to close decisively above it, highlighting seller pressure. For bulls, reclaiming $4,500 would be a critical step to reestablish momentum toward $4,700 and $5,000. On the downside, losing $4,300 could expose ETH to a retest of $4,200, with further weakness potentially dragging the price closer to $4,000. Featured image from Dall-E, chart from TradingView

China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global steel demand dynamics, according to a new report from Wood Mackenzie. The country’s demand is expected to fall by an average of 5–7 million tonnes (Mt) annually, pushing its share of global steel consumption down from 49% in 2024 to just 31% by 2050. Meanwhile, India, Southeast Asia, and the Middle East and North Africa (MENA) are emerging as strategic growth hubs, reshaping both demand and supply chains across the steel industry. China’s structural decline The deceleration in Chinese steel demand reflects the economy’s pivot away from infrastructure-heavy growth. Real estate development, long a key driver of steel consumption, faces prolonged weakness, while construction activity remains subdued as policymakers prioritize economic rebalancing. “China’s overcapacity crisis is reaching unprecedented levels, with an expected surplus of 50 Mt in 2025 that could balloon to over 350 Mt long-term,” said Rohan Trivedi, principal analyst at Wood Mackenzie. Despite expected production cuts of up to 240 Mt between 2024 and 2050, China’s vast industrial base ensures the country will remain a dominant force in global supply dynamics. In stark contrast, India is consolidating its role as a steel demand powerhouse. After an 8% jump in 2024, demand is set to grow another 7% in 2025, underpinned by government-led infrastructure projects, urban development, and manufacturing expansion. Wood Mackenzie expects India’s steel demand to grow at a compound annual rate of 4–5% through 2050, tripling its share of global demand from 8% today to 21% by mid-century. Southeast Asia is also on a strong growth trajectory, with 6% demand growth in 2024 and a projected 3–4% CAGR through 2050. Average annual steel demand, Mt Source: Wood Mackenzie The region’s demand share is set to double from 5% to 10% by 2050, led by Vietnam, Thailand, and Indonesia as they expand industrial capacity and capitalize on cost advantages relative to developed economies. Global production realignment Global crude steel production is forecast to expand at a modest 0.7% CAGR through 2050, with developed economies experiencing flat or declining output. India is on track to nearly triple production, cementing its place as the world’s second-largest producer by 2050. Its steelmakers benefit from ample iron ore resources, modernizing mills, and robust domestic demand. Southeast Asia, meanwhile, is rapidly scaling up capacity—often with electric arc furnace (EAF) technology—to serve both domestic and export markets. Annual steel trade, Mt Source: Wood Mackenzie According to the report, China, while maintaining the top spot in global production, faces structural overcapacity and increasing pressure to consolidate and modernize its aging blast furnace fleet. Long-term, global exports are expected to fall to just 12% of crude steel production, down from today’s 25%, as regionalized supply chains take shape. Future adoption of carbon border taxes is also likely to further disadvantage emission-intensive producers.

Gold blasted to a new all-time high of near $3,600 an ounce on Friday, as fresh US jobs data further cemented market-wide expectations for a Federal Reserve rate cut later this month. Spot prices jumped as much as 1.4% to a record $3,597.80 per ounce, surpassing its previous high of $3,670 set only two days earlier. The precious metal is now on track for a 4% weekly close. US gold futures posted similar gains, with the most active contract crossing the $3,650-an-ounce mark for the first time. Click on chart for live prices. Gold’s new record-setting move came as a pivotal US payrolls report on Friday showed a slowdown in hiring last month, while unemployment rose to the highest level since 2021, confirming that labour market conditions in the world’s biggest economy are slumping. Following the data, traders are now almost certain that the Fed will lower rates at its upcoming meeting on Sept. 17, with an 84% chance of it being a 25 basis-point cut and 16% chance of a more aggressive 50 basis-point cut. “Gold makes new highs; bulls are looking at the clearly weakening trend of employment translating into multiple rate cuts,” said Tai Wong, an independent metals trader, in a note to Reuters. With the latest move, the yellow metal has now risen by more than 36% this year, as mounting risks in geopolitics, the economy and global trade continue to drive safe haven demand. “The outlook is undoubtedly bullish for gold as labour concerns override inflation for the short, probably medium term. However, I think we are still too far away from $4,000 unless there is a massive dislocation,” Wong added. Fed drama fuels rally Analysts also flagged concerns surrounding the Fed’s independence as a key factor in shaping gold’s trajectory – an issue thrust into the spotlight after US President Donald Trump attempted to fire Fed Governor Lisa Cook and repeatedly pressured the central bank to slash rates. With that in mind, analysts at Goldman Sachs Group this week predicted that gold could realistically see $5,000 if Trump keeps attacking the Fed and succeeds in dictating its policies, which would erode investor confidence in dollar-denominated assets and bolster the appeal of bullion. (With files from Reuters)

An Ambitious Experiment in U.S. Coinage Among the rarest and most captivating coins in American numismatics is the $4 Stella. Produced only in 1879 and 1880, this short-lived gold piece was never meant for mass circulation. Instead, it represented an ambitious experiment by the U.S. Mint to create an international trade coin that could compete with Europe’s widely used gold standards, like the French 20 Franc and the British Sovereign. The name “Stella” comes from the star motif that appears on the coin’s reverse, symbolizing its intent to shine as a guiding light in global commerce. Though the project never advanced beyond a few hundred trial pieces, the $4 Stella remains one of the most desirable treasures in American coinage. Image: USACoinBook Two Distinct Designs: Flowing Hair and Coiled Hair The Stella comes in two stunning design types, each carrying its own allure for collectors. Flowing Hair (1879 & 1880): Designed by Charles Barber, this version features Lady Liberty with long, flowing hair and is the more commonly seen variety. Coiled Hair (1879 & 1880): Created by George T. Morgan, the famed designer of the Morgan Silver Dollar, this rarer version depicts Liberty with braided, coiled hair. Both varieties are breathtaking examples of late 19th-century engraving artistry, but the Coiled Hair version, with fewer survivors, commands even greater prestige and rarity. Image: USACoinBook Why the Stella Never Took Hold Despite its elegant design and practical purpose, the $4 denomination proved awkward for commerce. The coin’s weight and gold content were carefully calibrated to align with international equivalents, yet Congress ultimately rejected the proposal. As a result, only a handful of these coins—roughly 400 Flowing Hair and an even smaller number of Coiled Hair pieces—were ever struck. This minuscule mintage ensured the Stella’s status as an ultra-high rarity from the moment of its creation. Today, the coin serves as a reminder of America’s attempt to assert itself on the global monetary stage during the late 19th century. A Collector’s Dream: Rarity and Prestige The $4 Stella is coveted not only for its rarity but also for its rich backstory. Collectors prize it as a symbol of American innovation, artistry, and ambition. Owning a Stella means holding a tangible piece of an era when the United States was expanding its global reach. Because of their scarcity, Stellas seldom appear on the open market, and when they do, they command six-figure prices. Their beauty, combined with their historic significance, makes them a cornerstone of advanced numismatic collections. Blanchard and the $4 Stella: A Legacy of Trust For over 50 years, Blanchard has been proud to offer collectors access to ultra-rare coins like the $4 Stella. Our firm has built its reputation on helping clients acquire some of the most exclusive treasures in numismatics, guiding generations of collectors in building portfolios that combine history, artistry, and tangible wealth. When you see a Stella in a Blanchard offering, you’re not just encountering a coin—you’re experiencing a legacy of trust, expertise, and access that few firms can match. Our long-standing relationships in the numismatic community ensure that clients can confidently pursue even the rarest opportunities. The Enduring Allure of the Stella Gold Coin The story of the $4 Stella reminds us that not all coins were created merely for everyday use. Some, like this extraordinary piece, were born from visionary ideas that sought to redefine America’s role in the world. Though the experiment never succeeded, its legacy lives on in the form of one of the most coveted rarities in U.S. coinage. At Blanchard, we know that these coins aren’t just collectibles, they’re tangible links to history. The Stella captures the spirit of American ingenuity, and its rarity ensures that it will remain one of the most talked-about treasures in the world of numismatics. Frequently Asked Questions About the $4 Stella Gold Coin Why is the $4 Stella gold coin so rare? The $4 Stella was struck only in 1879 and 1880 as an experimental international trade coin. With fewer than 500 examples surviving today, its rarity is built into its history, making it one of the most coveted U.S. coins. How much is a $4 Stella gold coin worth today? Values for the Stella vary depending on condition and design type, but they regularly achieve six-figure prices at auction. Exceptional examples, such as the Coiled Hair variety, can command even higher premiums due to their extreme scarcity. Where can I buy a $4 Stella gold coin? Because of its rarity, the Stella is rarely available on the open market. Blanchard has been proud to offer collectors access to ultra-high rarity coins like the $4 Stella for more than 50 years, making it one of the most trusted firms for acquiring this numismatic treasure. Begin Your Rare Coin Journey Today If you’re ready to add an extraordinary piece of history to your collection, the $4 Stella gold coin represents the pinnacle of rarity and prestige. For over 50 years, Blanchard has connected discerning collectors with treasures like the Stella, backed by unmatched expertise and trust. Contact us today to explore current opportunities and secure your place among the few who own this legendary coin. The post The Fascinating Story of the $4 Stella Gold Coin appeared first on Blanchard and Company.

An Ambitious Experiment in U.S. Coinage Among the rarest and most captivating coins in American numismatics is the $4 Stella. Produced only in 1879 and 1880, this short-lived gold piece was never meant for mass circulation. Instead, it represented an ambitious experiment by the U.S. Mint to create an international trade coin that could compete with Europe’s widely used gold standards, like the French 20 Franc and the British Sovereign. The name “Stella” comes from the star motif that appears on the coin’s reverse, symbolizing its intent to shine as a guiding light in global commerce. Though the project never advanced beyond a few hundred trial pieces, the $4 Stella remains one of the most desirable treasures in American coinage. Image: USACoinBook Two Distinct Designs: Flowing Hair and Coiled Hair The Stella comes in two stunning design types, each carrying its own allure for collectors. Flowing Hair (1879 & 1880): Designed by Charles Barber, this version features Lady Liberty with long, flowing hair and is the more commonly seen variety. Coiled Hair (1879 & 1880): Created by George T. Morgan, the famed designer of the Morgan Silver Dollar, this rarer version depicts Liberty with braided, coiled hair. Both varieties are breathtaking examples of late 19th-century engraving artistry, but the Coiled Hair version, with fewer survivors, commands even greater prestige and rarity. Image: USACoinBook Why the Stella Never Took Hold Despite its elegant design and practical purpose, the $4 denomination proved awkward for commerce. The coin’s weight and gold content were carefully calibrated to align with international equivalents, yet Congress ultimately rejected the proposal. As a result, only a handful of these coins—roughly 400 Flowing Hair and an even smaller number of Coiled Hair pieces—were ever struck. This minuscule mintage ensured the Stella’s status as an ultra-high rarity from the moment of its creation. Today, the coin serves as a reminder of America’s attempt to assert itself on the global monetary stage during the late 19th century. A Collector’s Dream: Rarity and Prestige The $4 Stella is coveted not only for its rarity but also for its rich backstory. Collectors prize it as a symbol of American innovation, artistry, and ambition. Owning a Stella means holding a tangible piece of an era when the United States was expanding its global reach. Because of their scarcity, Stellas seldom appear on the open market, and when they do, they command six-figure prices. Their beauty, combined with their historic significance, makes them a cornerstone of advanced numismatic collections. Blanchard and the $4 Stella: A Legacy of Trust For over 50 years, Blanchard has been proud to offer collectors access to ultra-rare coins like the $4 Stella. Our firm has built its reputation on helping clients acquire some of the most exclusive treasures in numismatics, guiding generations of collectors in building portfolios that combine history, artistry, and tangible wealth. When you see a Stella in a Blanchard offering, you’re not just encountering a coin—you’re experiencing a legacy of trust, expertise, and access that few firms can match. Our long-standing relationships in the numismatic community ensure that clients can confidently pursue even the rarest opportunities. The Enduring Allure of the Stella Gold Coin The story of the $4 Stella reminds us that not all coins were created merely for everyday use. Some, like this extraordinary piece, were born from visionary ideas that sought to redefine America’s role in the world. Though the experiment never succeeded, its legacy lives on in the form of one of the most coveted rarities in U.S. coinage. At Blanchard, we know that these coins aren’t just collectibles, they’re tangible links to history. The Stella captures the spirit of American ingenuity, and its rarity ensures that it will remain one of the most talked-about treasures in the world of numismatics. Frequently Asked Questions About the $4 Stella Gold Coin Why is the $4 Stella gold coin so rare? The $4 Stella was struck only in 1879 and 1880 as an experimental international trade coin. With fewer than 500 examples surviving today, its rarity is built into its history, making it one of the most coveted U.S. coins. How much is a $4 Stella gold coin worth today? Values for the Stella vary depending on condition and design type, but they regularly achieve six-figure prices at auction. Exceptional examples, such as the Coiled Hair variety, can command even higher premiums due to their extreme scarcity. Where can I buy a $4 Stella gold coin? Because of its rarity, the Stella is rarely available on the open market. Blanchard has been proud to offer collectors access to ultra-high rarity coins like the $4 Stella for more than 50 years, making it one of the most trusted firms for acquiring this numismatic treasure. Begin Your Rare Coin Journey Today If you’re ready to add an extraordinary piece of history to your collection, the $4 Stella gold coin represents the pinnacle of rarity and prestige. For over 50 years, Blanchard has connected discerning collectors with treasures like the Stella, backed by unmatched expertise and trust. Contact us today to explore current opportunities and secure your place among the few who own this legendary coin. The post The Fascinating Story of the $4 Stella Gold Coin appeared first on Blanchard and Company.

The 4-Week High/Low Trading Strategy: A Simple Trend-Following System Explained Strategies When I first came across the 4-week high/low trading strategy, I was co-managing a forex dealing room for a commodities firm. Having spent years as an interbank dealer, this was my first real introduction to technical analysis. I was never quite sure whether to use the past 20 trading days or the prior 4 calendar weeks, but since it wasn’t a strategy I planned to use actively, I just kept it on my blotter as a reference point for what long-term traders might be watching. What Is the 4-Week High/Low Strategy? The 4-week high/low breakout strategy is a classic trend-following system that dates back decades and is still referenced today. Its core idea is simple: buy strength and sell weakness. The Basic Rule Buy Signal (Long Entry): Go long when the price closes at a new 4-week high (the highest close over the last 20 trading days). Sell Signal (Short Entry): Go short when the price closes at a new 4-week low (the lowest close over the last 20 trading days). This method assumes that breaking out of a 4-week range signals a potential trend continuation. Stop Placement In its simplest form, this is often a stop-and-reverse strategy: Enter on a break above the 20-day high and reverse (or exit) on a break below the 20-day low, and vice versa. Of course, traders have developed many variations for stop placement, but those details go beyond this article Why Stops Are a Trader’s Lifeline in Forex Trading Strategies Example: Gold (XAU/USD) In this real-time illustration, XAUUSD broke out of consolidation and closed above its 20 day high at 6407.Using the 4-week high/low strategy, it triggered a long position and fresh momentum to the upside, We give it a Gold Star as it climbed to a new record high at 3578. Is This the Same as Turtle Trading? Almost! The 4-week high/low breakout rule was the foundation of the famous Turtle Trading system created by Richard Dennis and William Eckhardt in the 1980s. Turtle Rule: Buy when price breaks above the 20-day high Sell when price breaks below the 20-day low Turtle Trading added layers of risk management, position sizing, and secondary breakout systems (like the 55-day rule), but the core concept came from the 4-week breakout strategy. Why Use the 4-Week High/Low Strategy? Trend Identification: Signals when a market is breaking out of consolidation. Mechanical & Objective: Removes emotion from trading decisions. Works Best in Trending Markets: Performs well during strong moves but can struggle in sideways/choppy markets. The 4-week high/low trading strategy remains one of the simplest yet most powerful trend-following techniques. While it might not suit every trader, understanding it can help you: Identify key breakout levels Spot potential momentum shifts Improve your overall market awareness Even if you don’t plan to trade it mechanically, adding the 4-week high and low to your charting toolbox is a smart move for any trader. A Personal Note While I never adopted this system, I keep an eye on the 4-week high and low levels as a reference for momentum in trending markets. Knowing where those levels sit can help traders gauge whether a market is gaining strength or showing weakness. Strategies Take a FREE Trial of The Amazing Trader Charting Algo System to help you with your Trading Strategies The post The 4-Week High/Low Trading Strategy Explained appeared first on Forex Trading Forum.

Why is gold reaching all-time highs? The gold price has risen because investors are nervous. Political shocks, wars, and swings in monetary policy are driving people to seek instruments that maintain value when stocks and bonds fluctuate. When confidence in central banks or the dollar falls, gold often becomes the go-to “safe haven.” For example, spot gold briefly touched the mid-$3,500s in April amid market jitters and debate over the U.S. Federal Reserve’s independence — a reminder that politics can quickly lift demand for gold. According to the Financial Times, Tether is expanding its presence in the gold market, with plans to invest in mining, refining, trading, and royalties. The stablecoin issuer already holds about $8.7 billion worth of gold in a Zurich vault as backing for its reserves, and in June it purchased a $105 million stake in Toronto-listed Elemental Altus. CEO Paolo Ardoino described gold as “safer than any sovereign currency” and said it serves as an important complement to Bitcoin in their strategy. Two technical macro forces support higher gold prices. First, lower or uncertain interest rates reduce the opportunity cost of holding a non-yielding asset like gold: investors get less from bank accounts and bonds, so gold looks relatively attractive. Second, a weaker dollar raises the dollar-priced value of gold, prompting foreign buyers to purchase more metal. Taken together, rising geopolitical risk and these monetary dynamics have created a strong tailwind for gold. (Source: USDXAU) Gold Price Reaches New ATH, But How People Buy Gold Today: Physical, Paper, and Tokens Basically, there are three common ways to own gold: Physical ownership means bars, coins, or jewellery you store yourself or place in a vault. It’s tangible and familiar, but storage, insurance, and transaction costs can eat into returns. The second route is financial: ETFs, futures, or gold-linked funds let you track the metal without touching it. These are liquid and easy to trade, but they are intermediated products (you rely on institutions and custodians). The third, increasingly popular, option is tokenized gold: blockchain tokens that represent a specific amount of physical gold held in custody. Tokenized gold aims to combine physical backing with the ease and liquidity of digital assets. The market for tokenized gold recently topped roughly $2.57–$2.6 billion, with major tokens such as Tether’s XAUT and Paxos’ PAXG leading inflows. Tether notably minted a large batch of XAUT in August, and Paxos’ PAXG has seen strong inflows since June — signals that some investors prefer a digital route to gold right now. (Source: Tokenized Gold) EXPLORE: Ethereum Crypto Exchange Flux Balance Goes Negative: Will ETH USD Rally to $10K? So, Which Option Should You Choose? Tokenized vs Physical: Pros and Cons Tokenized gold – Pros: instant, 24/7 settlement; low minimums (you can own tiny fractions of an ounce); easy transfer across borders; and programmatic uses in DeFi (for example, using tokenized gold as collateral to borrow or earn yield). It removes the friction of buying and selling physical metal. Cons: counterparty risk (you must trust the issuer and the custodian), regulatory uncertainty in some jurisdictions, and reliance on off-chain audits to prove that tokens are truly backed 1:1. Physical gold – Pros: ultimate tangibility and psychological comfort; no crypto-native counterparty needed if you hold it yourself. Cons: storage and insurance costs, slower transfers, higher transaction spreads for smaller purchases, and practical hassles when selling. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 At the end, no single approach is objectively “best” — it depends on your goals, tech comfort, and trust in custodians. If you value custody simplicity, programmability, and lower barriers to trade, tokenized gold is an attractive and modern way to gain exposure — but only with reputable issuers (look for clear audit trails and insured vaults). If you need absolute control and want to avoid any issuer risk, physical gold stored in a secure vault or at home remains the classic choice. Given today’s environment (high prices driven by uncertainty) many investors use a mix: a physical core for peace of mind and tokenized positions for liquidity and tactical moves. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Gold price hits new ATH amid geopolitical risks, political shocks, and monetary policy swings. Investors can acquire gold physically (bars, coins), via financial instruments (ETFs, futures), or through tokenized blockchain gold. Tokenized gold advantages – Digital tokens offer 24/7 settlement, fractional ownership, cross-border transfers, and DeFi utility, though they carry counterparty and regulatory risks. The post Gold Price All-Time High: Is It Better to Buy Tokenized or Physical Gold? appeared first on 99Bitcoins.

Markets got the release of the Non-Farm Payrolls number for August. With the consequential miss (22K vs 75K exp) and further downward revisions, the picture is bleak but stocks open slightly higher. There is immediate selling from profit-taking however, keep an eye on this. Some analysts report that the FED would have comfortably cut by 50 bps if it wasn't for the US Tariffs that have just started to impact the data. The 2Y yield is now at the lowest since April 2025 (Liberation Day trough) and Markets are still pricing more cuts for the year: Currently at 75 bps for the year and still rising. With the FED entering its Blackout Period (no interviews on Economic or financial policies until the FOMC), any comments from WSJ's Timiraos will have to be closely monitored for tips to the upcoming decision – He is the FED's unofficial spokesperson. US 2-Year Yield, September 5, 2025 – Source: TradingView Enough talks about rates, the focus of this piece is to look at the US Indices which are opening green throughout the board. FED Interest Rate cuts prospects are boosting the risk-appetite despite a lower projected immediate economic progress, but remember that Stock Markets ≠ the Economy. Let's have a look at S&P 500, Nasdaq and Dow Jones levels. US Indices chart and technical levelsS&P 500 breaks a new all-time high but momentum starts to slow down S&P 500 4H Chart, September 5, 2025 – Source: TradingView The S&P is leading all indices on its way higher, with the global scope of stocks rising from the cheaper financing prospects of further rate cuts, the 500-best US companies flex their muscle. One thing to consider is that despite algos trying to push the price higher, some profit-taking seems to be happening around immediate trading levels. The day is far from over and you can expect volatility to keep rising as participants place their bets. Look at 6,539, a key Fibonacci level: A large push above would confirm the up-move while rejecting there should lead to some further profit-taking flows. Current levels for S&P 500 trading Levels for S&P 500 trading Resistance Levels session highs 6,533 All-time highs6,539 breakout/resistance level6,570 to 6,600 Potential ATH resistance (from Fibonacci extension)Way higher Fib-extension potential resistance from 6,650 to 6,700Support Levels 6,490 to 6,512 ATH resistance (broken) now pivot6,400 Main Support6,300 psychological support6,210 to 6,235 Main Support (NFP Lows)Nasdaq is back on track to retest its all-time highs but shows hesitancy Nasdaq 4H Chart, September 5, 2025 – Source: TradingView The tech-focused index, largely the winner for this year, is now starting to slow down a bit compared to its other peers – Nonetheless, it is still heading towards a test of its prior peak. Sellers just above the highs of the range mentioned in our pre-NFP analysis and it will be essential to watch if buyers do manage to push the index to retest the 23,986 ATH. For now, the Nasdaq is showing mixed signs – Look for a break above (23,867) today's highs or below the pre-data CFD lows (23,691) Current levels for Nasdaq trading Levels for Nasdaq tradingResistance Levels Current All-time Highs 23,986Daily highs 23,86724,250 potential resistance at middle of upward channel (broken?)Support Levels Daily lows 23,69123,000 Key Support22,700 support at NFP lowsEarly 2025 ATH at 22,000 to 22,229 SupportDow Jones forming a triple top Dow Jones 4H Chart, September 5, 2025 – Source: TradingView Still constrained within its rising wedge, the Dow raced to retest its All-time highs (45,765) but with buyers failing to push above, a short-term triple top is forming. Sellers are currently appearing however as buyer strength is exhausting. The MA 50 (45,434) which was used as a bottom in yesterday's session will be acting as key support. Current levels for Dow Jones trading Levels for Dow Jones tradingResistance Levels Current All-time high 45,765ATH Resistance Zone 45,700 (+/- 150 pts)1.618 Fibonacci-Extension for potential ATH resistance 46,400 to 46,850Support Levels 4H MA 50 45,434Previous ATH resistance zone, now pivot 45,000 to 45,280Support 44,200 to 44,500Main Support (NFP Lows) 43,000 to 43,750 Safe Trades! Follow Elior on Twitter/X for additional Market News, Insights and Interactions @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.

Crypto analyst Costa has made an ultra-bullish prediction for the XRP price, stating that it could reach $473,214. He explained that such a massive price surge could happen thanks to tokenization on the XRP Ledger (XRPL). XRP Price To Reach $473,214 If This Happens In an X post, Costa predicted that the XRP price would reach $473,214 if 10% of global assets got tokenized onto the XRPL. This followed Ripple’s statement that 10% of global assets are expected to be tokenized by 2030. The analyst expects these assets, which amount to $50 trillion, to be tokenized on the XRP Ledger. Costa declared that the amount of inflows and utility will most definitely cause the XRP price to skyrocket. He also noted that a potential supply shock will push the altcoin higher. Meanwhile, the analyst alluded to a market cap multiplier to explain how the price increase will happen. He stated that for every 10 billion of inflows, XRP will increase by 516x, moving the altcoin’s market cap to $5.3 trillion. Costa then broke down the calculation for how the XRP price would reach $473,214. He divided $50 trillion, which represents 10% of the global assets, by $10 billion, which is the amount he projects as the inflows. The division amounted to $5,000, which he then multiplied by the projected $5.3 trillion market cap, leading to $26.5 quadrillion. The analyst noted that dividing the current supply by this will result in an XRP price of $473,000. However, Costa admitted that these projections are simply hypothetical and that there is no 100% guarantee of 10% of the global assets being tokenized on the XRP Ledger. XRP Still Expected To Rise Higher The XRP price is currently on a downtrend, but is still expected to witness a bullish reversal and reach new highs. Crypto analyst Matthew Dixon noted that the price is expected to surge soon above the highs previously recorded this year. He noted XRP’s pattern is currently corrective and should resolve higher, especially with the softening of monetary policy. The Fed is expected to make a 25-basis-point (bps) rate cut at the next FOMC meeting, which is bullish for the XRP price. This could inject more liquidity into the altcoin’s ecosystem and serve as the catalyst for the next leg up. Crypto analyst Egrag Crypto predicted that the XRP price could rally to as high as $6 soon enough. However, he warned that the altcoin needs to hold above its current range as it prepares for this major breakout. At the time of writing, the XRP price is trading at around $2.81, down in the last 24 hours, according to data from CoinMarketCap.

Savannah Resources (LON: SAV) is pushing back against media reports that cited a United Nations committee accusing Portuguese authorities of breaching international law during the approval process for the company’s Barroso lithium project. In a statement to MINING.COM on Friday, Savannah’s Communications Manager António Neves Costa said two of the public bodies named in the UN document have since clarified their positions, stressing that no step of the licensing process was carried out outside Portuguese law. The Portuguese Environmental Agency (APA) said this week the Barroso project underwent the longest public consultation period ever granted to an industrial project in the country, spanning more than 110 days. The Northern Regional Coordination and Development Commission (CCDR-N) also rejected the suggestion that it withheld information, saying it made available all documents in line with national law and the Commission for Access to Administrative Documents. The clarifications follow a report by the Aarhus Convention Compliance Committee, quoted by Reuters, which concluded that Portugal failed to guarantee citizens’ rights to environmental information and participation during the project’s licensing process. The committee cited delays and refusals in providing requested information. According to Reuters, the committee’s findings reinforced calls from residents and environmental groups for the project’s licence to be revoked. The APA responded that while it has a “divergent interpretation” of the Convention, it always acted in strict compliance with administrative procedures. Neves said Savannah views the clarifications as crucial to understanding the complexity of the case. First output in 2027 Savannah is seeking to develop what it calls Western Europe’s largest mine of spodumene, a hard-rock form of lithium. The company plans to build four open-pit mines in northern Portugal, with the goal of producing enough lithium annually for 500,000 to one million electric vehicle batteries. First output is slated for 2027. Once in production, Barroso is expected to have a throughput of about 1.5 million tonnes annually over its estimated 14-year mine life, based on a resource of 20.5 million tonnes at 1.05% lithium oxide.

The British pound has pushed higher on Friday. In the North American session, GBP/USD is trading at 1.3519, up 0.66% on the day. About half the pound's gains have come following today's weak US nonfarm payrolls report. UK retail sales accelerate in JulyIt was a good-news-bad news retail sales report out of the UK today. July retail sales rose a respectable 0.6% m/m, up from a downwardly revised 0.3% in June and higher than the market estimate of 0.2%. The improvement was driven by warm weather and the women's European soccer championship. The bad news was the sharp downward corrections to the the previous months' data. Retail sales for June was revised lower to 0.3% from 0.9%. Annualized retail sales posted a with a gain of 1.1%, missing the market estimate of 1.3%. This was above the June reading of 0.9%, which was revised from 1.7%. US NFP misses big All eyes were on today's US nonfarm payrolls, which disappointed with a marginal gain of 22 thousand, well below the upwardly revised gain of 79 thousand in July and the market estimate of 75 thousand. The unemployment rate edged up to 4.3% from 4.2%, the highest level since December 2021. Employers remain cautious about hiring in an uncertain economic environment and the Trump tariffs aren't helping to restore confidence. This key employment release has taken on double significance, coming shortly before the next Federal Reserve meeting on September 17. There could be calls for the Fed to consider a jumbo half-point cut as the labor market is cooling quickly, although the most likely scenario is a modest quarter-point cut. GBP/USD Technical GBP/USD has pushed above several resistance lines and is testing 1.3499. Next, there is resistance at 1.35521.3415 and 1.3395 are providing support GBPUSD 1-Day Chart, September 5, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The first US exchange-traded fund offering exposure to Dogecoin (DOGE) could debut as soon as next week, after the ETF Opportunities Trust filed a post-effective amendment that sets September 9, 2025 as the effective date for a suite of single-coin funds that includes the REX-Osprey DOGE ETF (ticker: DOJE). The filing—Post-Effective Amendment No. 367—explicitly names the DOGE fund alongside proposed TRUMP, BTC, XRP and BONK funds, and states that the amendment “designates September 9, 2025 as the new effective date” for those products. Dogecoin ETF Set To Launch Market expectations were turbocharged by a teaser from the issuer itself. On Wednesday, REX Shares wrote: “The REX-Osprey DOGE ETF, $DOJE, is coming soon! DOJE will be the first ETF to deliver investors exposure to the performance of the iconic memecoin, Dogecoin.” Soon after, Bloomberg’s Eric Balchunas added fuel, noting: “Looks like Rex is going to launch a Doge ETF via the 40 Act a la $SSK next week based on the tweet below combined w how they just filed an effective prospectus. Doge looks like the first one to go out.” What makes DOJE viable on a near-term timeline is structure. Instead of the “commodity ETP” pathway (which typically requires a bespoke 19b-4 exchange rule change), DOJE sits inside a ’40-Act open-end ETF registration under the ETF Opportunities Trust—the same chassis REX-Osprey used to list its Solana fund (SSK) earlier this summer. The January 21, 2025 prospectus for the trust includes a full DOGE fund section, stating the investment objective is to track the performance of Dogecoin and disclosing that the fund may use derivatives (including swaps) and a wholly owned Cayman subsidiary—the REX-Osprey DOGE (Cayman) Portfolio S.P.—to hold positions, subject to a 25% cap for the subsidiary to preserve RIC tax treatment. REX-Osprey’s SSK is the immediate precedent. That fund listed in early July under a ’40-Act framework and quickly gathered assets and trading activity. MarketWatch reported the Cboe listing, ~$20 million first-day trading volume, and the fund’s positioning as the first US ETF with direct Solana exposure plus staking rewards. Notably, SSK crossed $100 million AUM within weeks. The September 9 effectiveness designation is the key gating item before a listing venue can post a trading date; it supports the “next week” launch expectation flagged by Balchunas. Notably, the same filing block references additional single-coin funds—TRUMP, XRP, BONK, BTC—indicating a broader shelf beyond DOGE. How The Dogecoin ETF Could Affect Price ETFs can influence spot markets through primary-market creations and redemptions when net inflows require the sponsor (or authorized participants) to source the underlying exposure. While attribution is never clean in crypto, Solana’s spot price rose roughly 34% from around $152 on July 3, 2025 (the day after SSK’s launch window) to roughly $204 today, with SSK racing to $100 million+ AUM in its early weeks. That precedent is directionally relevant for DOGE if DOJE lists and attracts sustained creations. In such a scenario, the fund complex and its authorized participants would need to acquire DOGE coins or DOGE-linked exposures—through spot purchases, swaps, or other instruments—to meet primary-market demand, potentially tightening available float at the margin. Liquidity in SOL is significantly deeper, with more than three times the market capitalization and trading volume of DOGE, while DOGE remains more retail-driven, so the magnitude of any ETF-related impulse could in fact be more pronounced. Still, the mechanism is similar: net inflows beget net buys of the reference asset, and the secondary market visibility can broaden the investor base beyond native crypto venues. At press time, DOGE traded at $0.216.

In a monumental move that has taken the crypto market by storm, Netflix’s acclaimed series Black Mirror is set to launch its own token, according to Robbie Ferguson of Immutable. This development, announced yesterday (September 4), marks what could be the beginning of a massive influx of AAA franchises into the Web3 space. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Crypto Insiders Believe The Upcoming CLARITY Act Will Pave The Way For More AAA IPs Going On-Chain As regulatory clarity approaches with the upcoming CLARITY Act, which aims to establish a more transparent framework for digital assets in the United States, traders are viewing this as a crucial moment for entertainment-focused cryptocurrencies. The announcement emphasizes how traditional media companies are increasingly adopting blockchain technology, which could lead to higher trading volumes for related tokens. For crypto enthusiasts, this situation extends beyond mere fan engagement; it represents a strategic opportunity to diversify investment portfolios, as tokens associated with popular intellectual properties (IPs) could experience significant price increases with growing adoption. The CLARITY Act addresses the long-standing issue of regulatory ambiguity in the US crypto industry, which has acted as a massive deterrent to large, established companies such as AAA IPs from entering due to fears of “regulation by enforcement.” By clearly defining SEC roles and establishing a framework for digital assets, the CLARITY Act mitigates legal risks, making it safer for major studios or IP holders to explore cryptocurrency ventures. One of the largest TV shows around the globe, Black Mirror, entering the Web3 space highlights the impact that the Act is already having, and it would not be a surprise to see other heavyweights follow suit in due course. With Netflix firmly behind the Black Mirror franchise, seeing an IP such as Stranger Things enter the crypto space seems a solid speculation, but any further Netflix IPs entering the world of Web3 will likely depend on the success of Black Mirror and its MIRROR token. Netflix (NFLX) is a $534 billion company, per Yahoo Finance, and has over 301 million paid subscribers worldwide as of 2025. The streaming behemoth’s decision to enter the cryptocurrency space is monumental for the crypto industry and the growing mainstream adoption of the technology. (SOURCE) EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Netflix Hit Show Black Mirror is Launching a Crypto Token appeared first on 99Bitcoins.

The monthly release for US August jobs is at 22K vs 75K Expectations The prior month came at 74K vs 110K expectations, but the biggest surprise was to the downside revisions which turned a 291K increase in two months to an-only 33K increase. With the unemployment rate rising to 4.3%, there really is a decent slowdown happening in the US. Canadian jobs also regressed quite largely at -65K vs 10K expectations, sending the Loonie down vs other majors. The US Dollar is falling off, about to break support, equities are rallying but mixed : a more than 25 bps is starting to price but still has low probabilities of happening. The data still shows an increase, albeit a very small one. Check out the reactions to the US Dollar, a few FX Charts and Equities Futures. Read More: Markets Today: UK Retail Sales Beat Estimates, Trump Signs Japan Deal, FTSE 100 Bounces Off 100-Day MA. NFP NextSilver nears its all-time highs, where to look next? XAG higher timeframe outlookMarket reactions Market overview, September 5, 2025 – Source: TradingView It will be essential to log in after the Market open to see reactions when most volumes enter the market. For now, it's USD and CAD down, risk-assets up but mixed, US Treasuries and Gold flying higher. Current FX Picture after NFP FX currency performance, September 5, 2025 – Source: Finviz Look at the current pricing for FOMC Cuts for the rest of the year: Cut Pricing for the rest of the year – Source: FEDWatch Tool Markets just added about 17 bps of extra cut pricing to the rest of the year, which takes the 2.1 cuts to just about 3 cuts. Let's see how this progresses and what influence it will have on Markets. Safe Trades! Follow Elior on Twitter/X for Additional Market News, Insights and Interactions @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.

The corporate Bitcoin sector has just smashed a major milestone. Public companies now own over 1M $BTC, showing massive confidence in the growing crypto market. Read on for three of the best cryptos to buy as institutional adoption skyrockets. Strategy and MARA Lead the Pack BitcoinTreasuries’s data shows that over $111B in $BTC assets are now in the hands of publicly traded companies. Leading the pack is Michael Saylor’s Strategy, with 636K $BTC. In second place, MARA Holdings has built a balance sheet of 52K $BTC. While MARA has successfully pivoted from a mining company into the treasury world, many mining firms chose to liquidate their $BTC holdings during the 2022 bear market. Overall, there’s been a serious shift from mining to accumulation. However, the biggest holders for $BTC continue to be exchanges and ETFs, which hold a combined 1.62M BTC. Whether through shares in publicly traded companies or via ETFs, there’s never been more options for retail and institutional investors to increase their exposure to $BTC without holding it. That means more inflows, which is great for the crypto market as a whole. That’s why we’ve identified three projects we think are ideally placed to capitalize on the increasing relevance of crypto as an investment asset. Read on to find out why Bitcoin Hyper ($HYPER), Snorter Bot ($SNORT), and Ethereum ($ETH) are our top picks for the best crypto to buy. 1. Bitcoin Hyper ($HYPER) – A Solana-Based Layer-2 for Bitcoin that Adds Smart Contract Capabilities Bitcoin Hyper ($HYPER) is the upgrade that the Bitcoin network desperately needs. Institutions love $BTC because it’s a fantastic store of value, but it’s not the ideal crypto for your day-to-day needs. Its throughput is painfully slow, and the high transfer fees take a chunk out of your portfolio every time you spend it. That’s why the Bitcoin Hyper devs are building a Layer-2 solution for the Bitcoin network that uses a Solana Virtual Machine (SVM) with ZK rollups to hypercharge payment speeds and lower transaction fees. Once live, the Bitcoin Hyper network will let you use dApps fueled by $BTC to carry out NFT trades and crypto swaps without needing to leave the Bitcoin ecosystem. It’s easy to use, too. Simply send your $BTC through Bitcoin Hyper’s Canonical Bridge, which will mint an equivalent amount of wrapped $BTC deposited into your account on the Layer-2. Want to withdraw? Just send your $wBTC back and receive your $BTC on the Layer-1. The official Bitcoin Hyper token, $HYPER, keeps everything ticking over. You’ll get lower fees when you use $HYPER to trade crypto, as well as when you execute a smart contract on the Layer-2. Holding $HYPER also gives you voting rights in the Bitcoin Hyper DAO, giving you the chance to have your say on proposals for the future of Bitcoin Hyper. It’s a strong litmus test of the community sentiment behind the Bitcoin Hyper project, too – to date, over $14M of $HYPER has been sold in the token presale. If you act quickly, you can still pick it up for $0.012865 ahead of future price rises. If you need a guide on how to buy Bitcoin Hyper, we’ve got you covered. Get your $HYPER tokens today and earn up to 78% in staking rewards. 2. Snorter ($SNORT) – Sniff Out the Latest Meme Coins with this Telegram-Powered Trading Bot. Snorter Token ($SNORT) is the presale token that powers Snorter Bot, a Solana meme coin sniping bot with an easy-to-use Telegram-based interface that trades crypto automatically on your behalf. When you fire up Snorter, it presents you with a list of the best-performing Solana meme coins, which have all been scanned with a honeypot detection engine for rugpull indicators. So far, the Snorter project has been able to get an 85% success rate at detecting rugpulls in beta testing. Once you have the alpha, you can choose which coins to buy and sell using automated orders. Snorter executes these for you based on the price points you pick, so you won’t have to check your phone constantly. On release, Snorter will work with the Solana blockchain. But, according to the whitepaper, support for Ethereum, BNB, Polygon, and Base will be coming after launch. $SNORT is the native token of Snorter Bot. Using $SNORT uncaps the daily limit on trading, while also lowering the fees you pay on your trades down to 0.85%, well below the industry average of 1%. You’ll want to take advantage of both of these features if you intend to use Snorter’s mirrored wallet feature (exclusive to $SNORT holders), which lets you nominate a wallet for Snorter to copy. Snorter will also carry out every transaction using a sub-second RPC that makes all the difference for those trades where time matters. The Snorter bot isn’t live yet, but you can get your hands on $SNORT cheaply while it’s still in presale. It’s currently raised over $3.7M, pushing the price up to $0.1035 ahead of a pre-Q4 2025 release. While you’re at it, you can check out our $SNORT price predictions, too. Join the Snorter Token presale today and take home staking rewards of up to 124% per annum. 3. Ethereum ($ETH) – Smart Contract Support with the World’s Second-Largest Cryptocurrency Ethereum is a decentralized blockchain that allows for the execution of verified on-chain code. $ETH has consistently held second place against $BTC and has also received heavy institutional investment from firms such as BitMine and SharpLink Gaming. It’s estimated that publicly traded companies hold over 3.2M $ETH, making the total value of the treasury holdings around $14B and putting treasury dominance of $ETH at roughly 2.6%. $ETH isn’t just appealing as an alternate crypto when $BTC value drops – it’s the token that powers an entire ecosystem of dApps, offering everything from decentralized finance to on-chain real-estate. $ETH has just climbed back to over $4.4K and seems set to grow as $BTC faces continued price uncertainty after its recent ATH. It’s currently up 84% over the year after an early Q2 crash. You can purchase $ETH through any major CEX or DEX. What does Corporate Adoption mean for Crypto? Despite uncertainty in the $BTC market at the moment, large Bitcoin holders like Strategy know the plan is to knuckle down through the low moments, DCA when $BTC falls, and reap the rewards when it rises again. In the meantime, continued expansion of Bitcoin treasuries will open the way for retail and institutional investors to invest in $BTC, bringing more capital into the crypto space as a whole. That bodes well for presales like Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT), which are live just as more capital flows into $BTC and the meme coin space, respectively. All crypto products are volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice. Authored by Aaron Walker, NewsBTC – www.newsbtc.com/news/corporate-bitcoin-treasuries-reach-one-million-best-crypto-to-buy/

American Bitcoin, a mining company tied to US President Donald Trump’s sons Eric and Donald Trump Jr., wrapped up its first day of trading on the Nasdaq with sharp swings but still managed to finish 16.75% higher at just over $8. After-hours trading pushed the stock up another 6% to $8.50, reports confirmed. Wild Price Swings On First Day Trading opened with a rush. The newly rebranded company, formed through a merger with Gryphon Digital Mining (GRYP), jumped as high as $13.21 from Gryphon’s previous close of $6.90, a 90% surge. That early momentum collapsed quickly, sending the stock down to $6.70 in the afternoon before it recovered part of the loss. Nasdaq halted trading five times due to extreme volatility. Despite the erratic moves, Bloomberg estimated Eric Trump’s 7.5% stake at roughly $548 million by the end of the session. His fortune is now tied directly to how American Bitcoin performs in the market. Dual Strategy Of Mining And Buying According to Eric Trump, the company will not only mine Bitcoin but also buy it when conditions make more sense. He described the approach as switching “to whichever is better at the time.” The company’s existing treasury already holds 2,443 BTC, making it the 25th-largest stash among public companies. With Bitcoin trading above $112,000, that holding is worth about $275 million. Eric Trump emphasized that the business will aim to maximize shareholder value by balancing mining output and market purchases: “We’re going to harness daily mining to the fullest, but we can also go out and purchase Bitcoin to support the treasury,” the presidential son said. Political Undertones And A Second Venture The launch has stirred questions about whether American Bitcoin benefits from President Trump’s crypto-friendly stance. Eric Trump dismissed criticism that his family is profiting directly from political ties, saying his father has “nothing to do with this business.” The American Bitcoin debut came just days after another Trump-linked venture. Tokens for World Liberty Financial (WLFI), a separate crypto project involving President Trump and his sons, were listed on exchanges earlier in the week. WLFI’s performance has so far been weak, dropping 30% from its debut price and losing another 7% in the last 24 hours to about 21 cents, based on CoinMarketCap data. A company tied to the Trumps owns nearly a quarter of all WLFI tokens, estimated at $4.6 billion in value. While WLFI struggles to gain traction, American Bitcoin’s opening has given the Trump family another high-profile position in the crypto sector. Whether the stock can maintain its momentum after a chaotic debut remains uncertain, but Eric Trump called the launch “an unbelievable day” and insisted “the floodgates are just starting to open.” Featured image from Meta, chart from TradingView

Burkina Faso has moved to reassure investors that its request to acquire an additional 35% stake in West African Resources’ (ASX: WAF) Kiaka gold mine is an option, not a demand, under the country’s new mining framework. Speaking at a mining conference in Australia, Mamadou Sagnon, director-general of the mining registry, explained that the Mining Code introduced in July last year allows the state to secure a minimum 30% paid interest in mining projects, in addition to its 15% free-carried stake. The paid portion is linked to exploration and feasibility costs rather than the mine’s market valuation. Speaking at at mining conference in Australia, the country’s director-general of the mining registry, Mamadou Sagnon, noted the new Mining Code published in July allows the government to secure a minimum 30% paid interest in mining projects in addition to its 15% free-carried stake. The paid portion is tied to exploration and feasibility costs rather than the mine’s market valuation. The Code also gives the government and local investors the right to acquire further equity on commercial terms. “In the case of West African Resources, the government addressed a letter to solicit the opening of participation up to 35%,” Sagnon explained. “For the moment, it is a solicitation – it is not forcing.” Sagnon stressed that the measure was intended to strengthen confidence in the sector, rather than deter foreign capital. He argued that state participation would boost confidence rather than drive capital away. “We believe that if the State is in the participation of the company, there will be more confidence to stay in the country and make more investment,” he said. Shares in West African Resources have been halted since last Thursday. The company had previously announced trading would resume Monday. Regional changes Investor unease reflects broader concerns about resource nationalism in West Africa, where governments are revising mining codes to capture more local benefit. Burkina Faso’s neighbours, including Mali, have already shaken investor sentiment with new rules and political instability. WAF’s general manager of sustainability, Mirey Lopez, declined to comment beyond referring stakeholders to the company’s announcements. “We are in dialogue with the government and we are looking forward to a resolution,” she said during her presentation at the mining conference. Burkina Faso, Africa’s fourth-largest gold producer, has already moved major assets into its new state-owned mining company, Société de Participation Minière du Burkina (SOPAMIB). In June, five gold mines and exploration permits, previously held by Endeavour Mining and Lilium, were transferred to SOPAMIB. The push followed the nationalisation of the Boungou and Wahgnion mines in August 2024 for about $80 million, far below their estimated $300 million value. Newly producing West African Resources poured first gold at Kiaka in June. The mine is now in production and is expected to average 234,000 ounces annually for 20 years starting in 2025, generating roughly $795.6 million per year at current prices. Last week, WAF confirmed that it had aligned the equity structure of its Sanbrado, Kiaka and Toega projects with the new Code, raising the government’s free-carried stake in each to 15%. The company also revealed that Burkina Faso had enforced a mandatory dividend rule. In August, WAF’s subsidiary Somisa, owner of Sanbrado, declared a $98.35-million priority dividend to the government, representing 15% of retained earnings through 2024. WAF expects Somisa, Kiaka SA and Toega SA will all be required to distribute 15% of profits annually, with WAF entitled to repatriate the remainder. WAF also revealed last week that the Burkina Faso government had enforced a non-discretionary dividend rule. Strong leader at the helm The mining reforms reflect the growing influence of Ibrahim Traoré, the 37-year-old military leader who seized power in 2022 and declared himself president. Traoré has pushed for greater state control of resources while casting his rule as part of a Pan-African, anti-Western revival. His supporters hail him as a defender of sovereignty. In April, thousands rallied in Ouagadougou after an alleged counter-coup attempt failed. Demonstrations spread to London, Kingston and Montego Bay, where diaspora groups praised him as a “Black liberator.” Meanwhile, Orezone Gold (ASX, TSX: ORE), which operates the Bomboré mine, also halted trading after the news of the government’s request at Kiaka. Following weekend talks, Orezone confirmed Tuesday that authorities have no plans to purchase an interest in Bomboré, calling the Kiaka situation “specific and not a reflection of any broader intent.”

In an interview with Dutch host Paul Buitink published on September 4, Henrik Zeberg, Head Economist at SwissBlock, set out a two-stage roadmap for Bitcoin and crypto: a final, powerful “melt-up” driven by liquidity and momentum, followed by a dot-com-style bust that he says will be catalyzed by a surging dollar and tightening financial conditions. “We do have the largest bubble ever,” Zeberg said, arguing that equities, crypto and real estate will first climb further before the cycle turns. “The music is still playing and you can still get a drink at the bar,” he quipped, extending his Titanic metaphor to explain why he believes sentiment and macro signals have not yet turned decisively negative. Bitcoin, Ethereum To Soar Before Dot-Com Style Crash Zeberg locates the current moment late in the business cycle but not at the point of breakdown. He points to the absence—so far—of classic pre-recession triggers in yields, credit spreads and initial jobless claims. “A crash doesn’t come out of thin air,” he said. “We simply don’t see those signals just yet.” With global liquidity improving at the margin and the Federal Reserve already “pivoting” in tone, he expects a sharp upside phase reminiscent of Japan’s 1989 finale: a rising angle that steepens into a near-vertical blow-off. At the index level, he pegs the S&P 500’s terminal run at roughly 7,500 to 8,200 from around 6,400 today. Crypto, in his view, will amplify the move. Zeberg expects Bitcoin to lurch first to “at least” $140,000, then top somewhere in the $165,000 to $175,000 range before the bust begins. He projects Ethereum near $17,000 on the assumption that the ETH/BTC ratio can stretch to about 0.12 in a late-cycle altcoin phase. He stressed the path would be abrupt rather than leisurely: “When things are moving in crypto and into the final phase of a bubble, it can be very, very fast.” The fulcrum of his thesis is the US dollar. Zeberg is watching closely for a DXY bottom and then a surge to 117–120—“the wrecking ball” that, in his telling, would hammer risk assets as global dollar demand spikes. “If we’re going to see somewhat of a crisis, all this debt will need to be settled in dollars,” he said, calling the greenback “still the cleanest shirt,” even if it is “getting quite nasty.” In that scenario, liquidity preference overwhelms risk appetite, credit tightens and deleveraging begins—especially outside the US, where dollar liabilities collide with local-currency cash flows. He argues that monetary easing cannot ultimately forestall a cyclical turn once the real economy rolls over. Rate cuts may initially goose markets—“You’re going to see it running up really fast”—but then “the more wise people in the market” will infer weakness rather than salvation. He thinks the Fed will start with 25 basis points this month, while leaving open the possibility of a larger shock move. Either way, he sees a relatively short deflationary bust—“six to nine months” in one formulation—followed by policy panic and, on the other side, a stagflationary phase in which “the tools of the Fed will become impotent.” He was caustic about the profession’s inflation priors, skewering what he called the “hubris” of micromanaging CPI to exactly 2% and ridiculing the decision to award Ben Bernanke a Nobel Prize for what he described as “reinventing money printing,” calling it “the most stupidest thing I’ve ever seen.” Zeberg’s commodity framework slots into that sequence. He expects gold to do its “finest duty” during a liquidity crunch—get sold to raise cash—before it reprises 2008’s pattern with a steep drawdown, then a powerful recovery. He cited the 2008 analog of a roughly 33–35% peak-to-trough decline in gold and as much as 60% in silver before the policy response set a new leg higher. Secularly, however, he projects gold “into the 2030s” at as much as $35,000 per ounce as negative real rates, balance-sheet expansion and an eventual “monetary reset” reprice money. That reset, in his vision, would anchor a new settlement system on gold and ledger-based rails—“a digital element to it,” but “not Bitcoin.” Strategy: The Largest Ponzi In The Market? On single-name risk, Zeberg delivered one of the interview’s most incendiary lines about Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin. “I think we have the largest open Ponzi game when it comes to MicroStrategy,” he said. “Everybody needs to pile into the stock, then he can take on some more debt and he buys more Bitcoin.” He tied the firm’s vulnerability to his macro template: if DXY heads to 120 and “the largest bubble in the world, the Nasdaq,” suffers an 85%-type drawdown, “Bitcoin is going to have a really, really bad period—and then that means MicroStrategy is going to have that.” He called the structure “the largest house of cards we have seen in a long time” and warned that an unwind would be “really, really bad for people who think they can just hold on to it.” The characterization was his alone; he did not present evidence beyond his cyclical and balance-sheet logic, and his remarks were framed within his broader melt-up-then-bust scenario. Beyond headline tokens, Zeberg argued that “99%” of crypto projects will ultimately fail, with only a handful emerging like the Amazons that survived the dot-com washout. He distinguished between speculative coins and blockchain projects that deliver real-world utility, while cautioning that “this rampant speculation” has been prolonged by an era of easy money. As for timing catalysts, Zeberg downplayed the idea of a single trigger and instead described an environment that “becomes toxic” as high rates, falling real income and climbing delinquencies pressure banks and corporates. He is monitoring front-end yields—which he says have begun to “break some levels”—credit spreads, and the dollar’s turn. He also noted that large-cap tech’s earnings concentration has “distorted” the market and that even quality small-cap tech is likely to be dragged lower in an indiscriminate unwind. The first stage, however, remains higher. “It’s a self-propelling cycle,” he said of the melt-up, powered by FOMO and the belief that “the Fed has got our back.” At press time, BTC traded at $111,528.

The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3793, down 0.19% on the day. We could see stronger movement from the Canadian dollar later in the day, as Canada and the US release the August employment reports. Canada's employment expected to rebound Canada's labor market took a beating in July, with the loss of 40.8 thousand jobs, including 10 thousand job losses in manufacturing. The markets expect a rebound in August, with an estimate of 7.5 thousand new jobs. The unemployment rate is expected to tick up to 7.0% from 6.9%. The weak July reading was directly attributable to the US tariffs, which have hurt the Canadian economy. The US has slapped 35% tariffs on many Canadian products and Canada ships some 75% of its export to its southern neighbor. The two sides are yet to reach a trade agreement but Canada can ill afford a protracted trade war with the US. Markets brace for weak US NFP All eyes are on today's US employment report. With inflation largely under control, nonfarm payrolls are closely monitored and could move the US dollar. The markets are expecting virtually no change in nonfarm payrolls, with an estimate of 73 thousand for August after a gain of 75 thousand in July. The labor market is clearly cooling as employers remain cautious in an uncertain economic environment. The unemployment rate is expected to edge up to 4.3% from 4.2%, which would be the highest level since December 2021. The Federal Reserve is virtually certain to lower rates at the September 17 meeting, but a weak nonfarm payrolls report would likely lead to calls for the Fed to respond with a jumbo half-point cut. USD/CAD Technical USDCAD has pushed below support at 1.3798 and is testing 1.3798. Below, there is support at 1.3784There is resistance at 1.3819 and 1.3826 USDCAD 4-Hour Chart, September 5, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The XRP price is still showing bullish momentum despite the previous wave of downtrends. After falling below $2.8, a quick bounce was able to reclaim this level once again as support, putting it on a path lined with further gains. With the formation of an ascending trendline, the XRP price may be sitting on a ticking time bomb primed for explosion, and this would send it back toward its July peaks as bulls find their way back into the market again. XRP Price Breakout Could Notch 20% Gains The analysis from CMF Trading Point shows that the XRP price is at a critical level after the formation of an ascending trend line. This trend line has always been bullish, and with the return of bulls, it might be as bullish as it gets. Given this, the crypto analyst has given a reasonable target for where the XRP price could be headed next. Since the price is currently needling around the $2.82 level, it shows that there is still strength after the bulls reclaimed the $2.8 support. If this level holds and the ascending trendline breakout is completed, then the first target from here is for the XRP price to reach $3. Once this first target is achieved, then the price can quickly move on to the next target, which lies at $3.40. A completion would mean a 20% total increase, while still providing room for a possible continuation. If momentum holds, it could set the XRP price on a path to new all-time highs. What Happens If The Ascending Trendline Fails To Hold? In the event that the ascending trendline fails and the XRP price falls further, then it could spell a period of downtrend for the cryptocurrency. The analyst explains that the XRP price actually needs to stay above $2.20-$2.25 for the bullish breakout to remain valid. Otherwise, it would mean trouble. A breakdown below this level would trigger the start of another downtrend that could send the price spiraling toward $2. If sell-offs continue to pile on at this level, then XRP could crash below $2, leading to another bear market.

Overview: The focus is on US employment today. Weak jobs growth and a tick up in the unemployment rate are expected to spur the Fed's first rate cut of the year in a couple of weeks. Position adjusting ahead of the report has weighed on the greenback broadly and overwhelmed the unexpectedly poor Germany factory orders and the data problem in UK that has exaggerated activity. Only a handful of emerging market currencies have not been lifted by the selling pressure on the greenback. These include the Turkish lira, Russian ruble, and Indian rupee. Stocks and bonds are firm. All the large bourses in the Asia Pacific region rallied, led by the nearly 2.2% surge China's CSI 300. The Nikkei, the Hang Seng, and Taiwan's Taiex rose more than 1%. Europe's Stoxx 600 came into today practically flat on the week and is up about 0.2%. US index futures are trading with a firmer bias, as well. Gains in the S&P and Nasdaq will challenge the record highs. European benchmark 10-year yields are mostly softer and premiums over Germany have narrowed a little. The 10-year US yield a little lower, slipping through 4.16%. It is the lowest since May 1. Lower yields and a weaker dollar are helping support gold, which is hovering near $3350. It is around $100 higher on the week. October WTI is trading quietly in a half-dollar range above $63. USD: The range the Dollar Index carved on August 22, the day Fed Chair Powell spoke at Jackson Hole remains operative. Only a convincing break of it is important from a technical perspective (~97.55-98.85). Everything else is churn. Today is about the jobs data. Sure, the Fed has two mandates full employment and price stability. Yet, it is clear that the deterioration of the labor market is the new new thing, not inflation being above target. Isn't this Powell meant when he suggested that the risk assessment may be changing? The July JOLTS on Wednesday showed that for the first time since April 2021, the number of unemployed outstripped job openings. Just as troubling was the decline in health care job openings in July to the lowest level in five years, and that sector accounted for around 40% of all new jobs in the past three years. Powell was also clear that the supply of workers (via immigration) has fallen at the same time demand has slowed. The unemployment rate is a useful metric of the balance of supply and demand, while the non-farm payroll, which captures the immediate attention of market participants only captures the demand. The median forecast in Bloomberg's survey is for a 75k rise in non-farm payrolls, though after the soft ADP estimate, some will claim a lower whisper number, whatever that really means. The unemployment rate is expected to rise to 4.3% (from 4.2%). Moreover, next Tuesday, the BLS will announce the preliminary benchmark revisions to the establishment survey, which generates the non-farm payroll estimate. The market is not waiting for next week's CPI, which is expected to see another small rise in the headline rate to fully discount a rate cut at the conclusion of the FOMC meeting on Sept 17. EURO: The euro set the session low yesterday in North America, despite ADP reporting weaker than expected private sector job creation and softer US rates. It has recovered and is trading near a three-day high in the European morning near $1.1690 despite unexpectedly poor German factory orders. Germany factory orders fell by a whopping 2.9% in July, owing to a collapse of large orders. The fact that the June decline was revised to a 0.2% fall instead of the 1.0% drop initially reported offered slight consolation. Industrial production figures are due Monday, and previously economists expected a 1.2% gain after the 1.9% slump in June. Recall that after the July US jobs data on August 1, the euro rallied almost two cents and settled slightly below $1.1590. There are almost 2.1 bln euros in options struck at $1.16 that expire today and another 1.5 bln euros there that expire Monday. Also, on Monday, options for 1.12 bln euros at $1.17 expire. France is the center of a maelstrom next week. There are really two components. First is the vote of confidence on the 2026 budget. It stands a snowball's chance in Hades of being approved. President Macron must know this and likely has been considering the next candidate for prime minister. The second component of the French story takes place at the end of the week when Fitch announces its review of the AA- rating it ascribes to France, with a negative outlook. A downgrade is possible, if not likely, given the failure to rein in the budget. It was 5.8% of GDP in 2024, and little improvement is seen this year. Some fear a contagion impact to the periphery and especially Italy. CNY: The dollar recorded the low for the year against the offshore yuan at the end of last week near CNH7.1160. It recovered to almost CNH7.15 on Tuesday and consolidated in Tuesday's range over the past couple of sessions. The greenback slipped to a four-day low today, slightly above CNH7.13. After lowering the dollar's reference rate for the past several weeks, the PBOC steadied it this week. None of this week's fixes (including today's at CNY7.1064) were below last Friday's (CNY7.1030). It is only the fourth week since mid-April that the dollar's fix did not fall on a weekly basis. Many of China's critics want the yuan to appreciate but the dispute now seems more over the pace than direction. JPY: Despite a further softening of US interest rates yesterday, the dollar found better traction against the yen after initially dipping to JPY147.80 to take out Wednesday's low. The greenback set session highs in early North American turnover, after the soft ADP was reported, to almost JPY48.80. It is trading quietly with a softer bias inside yesterday's range. Labor cash earnings rose 4.1% year-over-year in July, well, above the June pace of 3.1%, which was the most this year. It was sufficient to lift real earnings to 0.5%, which is also the strongest reading of the year. Nevertheless, while income or wealth is necessary for consumption it is not sufficient. Household spending (reported in real terms) disappointed. It rose 1.4% year-over-year in July. The median forecast in Bloomberg's survey anticipated a 2.3% increase. The odds of a hike in October were shaved to a little more than 50%. It was around 67% at the end of last week. GBP: Sterling traded near a four-week low on Wednesday slightly below $1.3335 before recovering to about $1.3460. It did not have the strength yesterday to push above it, and what appeared to be profit-taking, pushed it back to nearly $1.3415. It rebounded to around $1.3480 today. UK retail sales (reported in volume terms) rose by 0.6% in July. However, the statistical office acknowledged a seasonal adjustment error that impacted a range of data including retail sales, but also GDP, prices, and the labor market. The error means that retail sales rose 1.1% in H1 25 not 1.7%, about a GBP2 bln error. June's initial 0.9% increase in retail sales was revised to 0.3%. CAD: The greenback rose to a six-day high around CAD1.3845 yesterday to approach the (61.8%) retracement of the decline since Powell spoke at Jackson Hole around CAD1.3850. Between CAD1.3850 and CAD1.3860, more than $1 bln in options expire today. Support is seen in the CAD1.3775 area. In today's softer US dollar environment, the Canadian dollar is the laggard among the G10 currencies. Canada reports August jobs data today. The reaction to the US employment report sets the tone and the broad direction, but in terms of policy, outlook for the Bank of Canada, the data could be impactful. The swaps market lifted the chances of a cut later this month after the disappointing Q2 GDP last week. The odds have risen to around 70% from about 55% at the end of last week. AUD: The Australian dollar continues to coil. It recorded a range of roughly $0.6485-$0.6460 on Tuesday and traded inside it on Wednesday (~$0.6500-$0.6555). It held above $0.6500 yesterday where options for almost A$1.1 bln expire today and another set for nearly the same amount struck at $0.6600 that also expire today. It is firm but has held yesterday's high. Australia has a quiet economic diary in the week ahead. MXN: Mexico's economic diary is light ahead of the weekend, leaving it at the mercy of the dollar's reaction to the employment report. The greenback continues to chop inside Tuesday's range (~MXN18.6225-MXN18.8635). Mexico reports August CPI next Tuesday and July industrial production next Thursday. Barring an upside surprise with the inflation report, and the core rate does not wander much further above 4.0%, the central bank is likely to ease when it meets the week after the Federal Reserve. The current target rate is 7.75%, and the swaps market sees the terminal rate between 7.0% and 7.25%. Disclaimer

This is a follow-up analysis and a timely update of our prior report, “GBP/USD Technical: Sterling torpedoed by spike in 30-year gilt yield, watch the 1.3315/3280 key support”, published on 2 September 2025. The price actions of the GBP/USD have shaped the expected minor corrective decline in the past two sessions to print an intraday low of 1.3333 on Wednesday, 3 September, just whiskers above the pre-defined 1.3315/1.3280 key medium-term pivotal support highlighted in our last publication. Let’s now determine its next short-term (1 to 3 days) directional bias and key levels to watch as we await the key US labour data release: non-farm payrolls and unemployment rate for August at 1230 GMT today. Fig. 1: GBP/USD minor trend as of 5 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) The minor corrective decline of -1.9% (high to low) of the GBP/USD that spanned from 14 August 2025 high to 3 September 2025 low may have ended. Bullish bias above 1.3395 key short-term pivotal for the next intermediate resistances to come in at 1.3545, 1.3590/1.3610, and 1.3650/1.3680. Key elements The GBP/USD has shaped a minor bullish reversal right above the lower boundary of the medium-term ascending trendline in place since 13 January 2025 low on 3 September 2025.The hourly RSI momentum indicator of the GBP/USD has just staged a bullish breakout above a parallel descending resistance and flashed an earlier bullish divergence condition at its oversold region on 3 September 2025.The 1.3395 key short-term pivotal support is defined by a former minor swing high formed on 2 September 2025 during the US session and the 61.8% Fibonacci retracement of the ongoing minor rally from the 3 September 2025 low to the current intraday high of 5 September at the time of writing.The 2-year yield spread premium between the UK gilt and US Treasury note has continued to expand (inched higher) since the 3 September 2025 level of 0.29% to a current level of 0.37%. These observations suggest that short-term UK gilt is relatively more attractive than US Treasury notes in terms of yield differential, in turn, putting upside pressure on GBP/USD.Alternative trend bias (1 to 3 days) A break below 1.3395 in GBP/USD would invalidate the bullish outlook, opening the door to a minor corrective decline toward the key medium-term support zone at 1.3315/1.3280. 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.

This year, AI and blockchain have crossed paths in compelling new ways. We know that AI projects like FET ▲1.82% and NEAR ▲1.36% have been making a lot of news 1-2 years ago. Today, though, projects like Story Protocol and Sahara AI are building practical crypto tools that the market needs, and they are capturing attention and attracting news headlines. They are building AI applications. (source, AI Crypto – CoinGecko) Biggest crypto coin, BTC ▲1.84%, has also climbing back above $112,000. A rebound after it flatlined for weeks under $110,000. Now, it offers a prime entry before the next push, as analysts look for $115,000–$120,000 with Fed rate cuts on the horizon. ETH ▲0.94%, on the other hand, has blasted above $4,400, teasing a breakout past its recent all-time high. With enterprise integrations driving demand, making news, ETH’s trajectory looks solid toward $5,000, bolstering the entire AI crypto sector today. Projects like Sahara benefit directly, as Ethereum’s strength lifts decentralized AI infrastructure to new heights. EthereumPriceMarket CapETH$535.29B24h7d30d1yAll time DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Story Pumps Put it in Crypto News Headlines IP ▲0.13%, one of the leading AI crypto gainer this week, are finding a sweet spot in making decentralized programmable IP. Since launching its mainnet earlier this year, Story has attracted well over 200,000 active users, and its token, IP, has been performing solidly. This week saw it jump by around 30%, thanks to developer-friendly upgrades and token buybacks. Plus, big ecosystem players like a16z are backing them. StoryPriceMarket CapIP$2.45B24h7d30d1yAll time Now shift to SAHARA ▲1.00%. It’s a full-stack ecosystem making news as it tackles a big problem: AI crypto today is too centralized. Sahara lets people train and monetize models and data on-chain, and with $50 million in backing from top-tier VCs like Sequoia, it’s not short on resources. Sahara AIPriceMarket CapSAHARA$202.36M24h7d30d1yAll time Sahara’s Q3 mainnet debut introduced zero-code AI agents, which lowered the barrier for users. And with enterprise-level ties to Microsoft and Amazon, Sahara already feels credible. On top of that, its testnet boasts 1.4 million daily users. On the market front, Sahara’s token has bounced back from earlier slip-ups; analysts are watching it closely, with some eyeing a climb to $0.75 or more by year-end. Meanwhile, Story’s IP token, boosted by tangible usage and community engagement, continues to hit fresh highs. (source – X) Wider trends are stacking up in their favor, too, with the booming AI sector. Web3 underscores the need for transparency in this growth. Institutions are putting money where the promise is—2025 has seen record-breaking investment in AI-focused crypto. In a noisy industry, Story Protocol and Sahara AI feel different. Follow us for the latest crypto news today here. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 55 seconds ago Netflix Hit Show Black Mirror is Launching a Crypto Token By Akiyama Felix In a monumental move that has taken the crypto market by storm, Netflix’s acclaimed series Black Mirror is set to launch its own token, according to Robbie Ferguson of Immutable. This development, announced yesterday (September 4), marks what could be the beginning of a massive influx of AAA franchises into the Web3 space. Read the full story here. 58 minutes ago Keeta, WLFI Crypto, and BuildonB Plummet: Best Crypto to Buy Instead? By Akiyama Felix September has been rough for altcoins, especially for projects like Keeta (KTA), WLFI Crypto (WLFI), and Buildon (B), crashing hard while traders hunt for the best crypto to buy amid market turmoil. Bitcoin’s dip below $110K and ETF outflows have triggered a risk-off move. Speculative coins have been hit hardest, with unlocks, profit-taking, and FUD wiping billions from crypto’s $4T market cap. World Liberty FinancialPriceMarket CapWLFI$4.54B24h7d30d1yAll time Read the full story here. 2 hours ago Ethereum Crypto Exchange Flux Balance Goes Negative: Will ETH USD Rally to $10K? By Akiyama Felix Until late July, ETH USD was underperforming in the crypto market, raising questions about whether Ethereum crypto will still dominate going forward. Fast forward a few weeks, and Ethereum crypto has become one of the most closely watched networks. There are even solid Ethereum price predictions that the ETH price will soar above August highs and print new all-time highs above $5,000. According to Coingecko, Ethereum is up +80% year-to-date and nearly +20% in the past month. While upside momentum is slowing, the path of least resistance remains northward. This bullish outlook holds, especially if ETH USD rejects bearish pressure and stabilizes above $4,000. (Source: Coingecko) On Coinglass, trader interest in Ethereum remains strong. Despite recent bearish price action, trading volume across major perpetual exchanges is stable at $88.7Bn, down -2% in the past day, while open interest in leveraged positions has risen by +2% to nearly $60Bn. Options open interest also increased by +2.6% in the last 24 hours to over $17.6Bn. (Source: Coinglass) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Read the full story here. The post Latest Crypto News Today, September 5 – Bitcoin Slowly Grinding at $112,000: AI Crypto Back in The Spotlight,Story and Sahara AI Leading appeared first on 99Bitcoins.

Trump-backed DeFi project World Liberty Financial has blacklisted an address linked to Justin Sun after it reportedly transferred some of its WLFI tokens, sparking allegations of market manipulation. World Liberty Financial Blacklists Justin Sun On Thursday, World Liberty Financial reportedly blacklisted the Tron founder’s address following his recent movements of his WLFI holdings and multiple online accusations that he was selling. According to Arkham data, Sun claimed 600 million WLFI tokens at the Token Generation Event (TGE), valued at $200 million at the time, as 20% of the 100 billion tokens were unlocked. The Tron founder was one of the earliest investors in World Liberty Financial in 2024 and was recognized as the top holder of US President Donald Trump’s official memecoin, TRUMP, earlier this year. On September 1, he shared his conviction on the token, affirming that WLFI “will be one of the biggest and most important projects in crypto.” He also stated that he had “no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission.” Nonetheless, multiple on-chain analysis platforms revealed that Sun had started to move his unlocked tokens, sparking rumors that he was selling. On-chain data showed that he had sent 4.9 million WLFI to crypto exchange HTX, owned by the Tron Founder, over the past two days. Sun reportedly transferred 50 million tokens, worth $9.12 million, to a new wallet on Thursday morning, “likely to be deposited into HTX.” Meanwhile, Wu Blockchain noted that over the past 32 hours, HTX address “HTX 48” transferred approximately 60,000,000 WLFI tokens to Binance deposit address 0xf387D7…29FcB5. Sun Denies WLFI Selling Accusations Following the $9 million move, “World Liberty Financial’s controlling address 0x407F…5178 called the guardianSetBlacklistStatus function on the WLFI Token contract, blacklisting the address 0x5AB2…DA74, which is associated with Justin Sun,” Wu Blockchain explained. The action froze Sun’s unlocked and 2.4 billion locked WLFI tokens. Tron’s founder responded to the accusations on X, stating that his address just conducted “a few test deposits on exchanges with very low amounts, followed by an address distribution.” He added that these tests “did not involve any trading activities and could not have impacted the market in any way,” but did not comment on the blacklist. At the time of writing, World Liberty Financial has not addressed the situation. WLFI’s Price Hits New Low The news comes as WLFI’s price struggles just three days after launching. Earlier today, the token hit an all-time low (ATL) of $0.16 before bouncing to the $0.18 mark. This performance represents a 20% decline over the past 24 hours and a nearly 45% drop from its all-time high (ATH) of $0.33. Market watcher Daan Crypto Trades noted that the cryptocurrency has broken down from a triangle formation, where the price was compressing for the past two days. According to the trader, WLFI saw a “quick acceleration as expected” and “even gave a nice retest before the continuation down.” Meanwhile, analyst Ali Martinez suggested that te bottom might not be in, highlighting that the token now risks a 25%-50% drop after losing the $0.20 area as support.