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Bitcoin has been moving sideways, and traders are starting to lose patience. The world’s largest cryptocurrency couldn’t hold recent highs, sparking talk about whether the market is bracing for a sharper swing. Some analysts say the pause is normal, others warn it could be the calm before the storm. Traders Watch Price Levels Closely Popular market watcher Daan Crypto Trades pointed out that Bitcoin’s struggle to pick a direction isn’t unusual. He noted the coin has been locked between support and resistance zones, with neither bulls nor bears taking control. It’s the kind of setup that often leads to big moves once one side gives in. Meanwhile, technical evidence sends mixed signals. By September 16, 2025, Bitcoin will reportedly hit at least $130,266, which is a 13.07% increase compared to the previous prediction. The Fear & Greed Index is currently at 60, indicating that greed is on the menu, while sentiment indicators are neutral. In the last 30 days, Bitcoin had 14 green sessions out of 30, and the average performance remained on the positive at 1.63%. That isn’t extreme, but it does indicate that traders are being cautious. Analysts Split On What’s Next There are a few investors who believe the current lull is nothing but a breather before another rally. They say that buying interest remains high, particularly with long-term demand coming from institutions. Skeptics, however, believe the latest rejection at higher levels is a sign of weakness and that another pullback opportunity has opened up. Jitters in the marketplace always invite disorientation, and this moment is no exception. A 13% gain sounds exciting, but sentiment may change in a heartbeat if the Bitcoin price loses the entire support level. Traders are keen to see if momentum will pick up or if the sideways chop will continue. Is It A Good Time To Buy? Based on technical indicators, reports suggest it may still be a decent entry point. But timing is tricky. With price forecasts pointing toward $130K and resistance overhead, the next few weeks could decide the short-term trend. Some see this as a chance to accumulate, while others would rather wait for a clearer breakout. For now, Bitcoin sits in limbo. Traders are scanning the charts, looking for clues on whether the path to $135K is still alive — or if the market is setting up for another surprise. Featured image from Adobe Stock, chart from TradingView

The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October – in a deja vu moment for SEC crypto timelines. In notices filed August 18, the regulator extended review deadlines for NYSE Arca’s Truth Social Bitcoin-Ethereum ETF to October 8, for 21Shares’ and Bitwise’s Solana funds to October 16, and for the 21Shares Core XRP Trust to October 19. Are Political Fears Holding Back Trump’s Crypto ETF? The Truth Social ETF, submitted in June and backed by Trump Media’s platform, is structured as a commodity-based trust holding BTC and ETH directly. While it mirrors the mechanics of approved spot ETFs, political optics have drawn scrutiny. Watchdogs, including Accountable.US, argue that Trump’s deep ties to crypto ventures could undermine confidence in the SEC if the fund proceeds. Solana’s applications, lodged by 21Shares and Bitwise through Cboe BZX, would mark the first U.S. spot Solana ETFs. The products are designed to provide institutional exposure to SOL without custody risk, a critical step as Solana’s market cap pushes past $80Bn and institutional demand builds. EXPLORE: 20+ Next Crypto to Explode in 2025 XRP Trust Filings Are Also Hitting SEC Crypto Delays The extensions occur against a backdrop of accelerating flows into spot BTC and ETH ETFs, which drew a combined $3.75Bn in net inflows last week. BlackRock’s iShares Bitcoin Trust alone controls more than $87Bn in AUM. By contrast, altcoin products remain in limbo, their fate hinged on an SEC still reluctant to extend legitimacy beyond Bitcoin and Ethereum. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025 The post Deja Vu? SEC Kicks Solana, XRP, Truth Social Crypto ETFs Into Long Grass appeared first on 99Bitcoins.

China’s exports of rare earth products surged in July to levels not seen since January, underscoring Beijing’s easing of export restrictions and tensions with the US. Volumes rose 69% to 6,422 tonnes, according to customs data compiled by Bloomberg. The rebound comes after China introduced sweeping export controls during April-May in response to US tariff measures, prompting concerns of a global supply squeeze on rare earth products, particularly permanent magnets, which are crucial for advanced technologies such as electric vehicles, wind turbines and defense systems. Industries that rely heavily on these magnets, from automakers in Europe and India to electronics manufacturers, were severely impacted by the supply disruptions, as China controls about 90% of the global production. However, shipments have begun to recover following a recent trade truce between Washington and Beijing. US Trade Representative Jamieson Greer said earlier this month that China was “about halfway there” in restoring magnet supply to pre‑control levels. According to Bloomberg, detailed data on specific product categories and export destinations are expected later this week. For years, the US has relied on China for its supply of rare earths — which the Asian country used to its advantage in the trade war. Since the supply disruptions earlier this year, the US government has unveiled plans to boost domestic output of rare earths and magnets, including a sizeable investment in MP Materials, the nation’s only rare earth miner.

Bitcoin (BTC) slipped below $116,000 in Monday’s trading, marking a sharp reversal from last week’s record high above $124,000. The decline follows renewed inflation concerns in the U.S. and uncertainty around Federal Reserve policy, which has dampened risk appetite across global markets. At the time of writing, BTC hovers near $115,300, maintaining a fragile grip on support around $115,000. Analysts warn that a breakdown could push prices toward $112,500, but holding this level may pave the way for a recovery toward $120,000 and beyond. Short-term holder data suggests that selling pressure remains limited. The Net Unrealized Profit/Loss ratio sits at just 0.07, well below the 0.25 saturation threshold that historically signals profit-taking and potential corrections. Metaplanet Expands Bitcoin Treasury While markets remain cautious, Tokyo-based Metaplanet Inc. has doubled down on its Bitcoin strategy. The firm announced the purchase of 775 BTC at an average price of ¥17,720,023 per coin (about $122,000), bringing its total holdings to 18,888 BTC. Metaplanet’s aggressive accumulation shows growing institutional conviction in Bitcoin as a treasury asset. Despite short-term volatility, the company has posted impressive Bitcoin yield metrics, including a 129.4% gain from April to June 2025 and 29.3% gains from July through mid-August. Such moves reflect how corporate players continue to use dips as entry points, reinforcing the narrative of Bitcoin as a long-term hedge against inflation and currency depreciation. Buying Opportunity or Warning Sign? Market watchers remain split on whether this correction is a setup for the next leg higher or a warning of deeper downside. If Bitcoin can reclaim $117,261 as support, momentum could accelerate toward $127,000, the first major resistance flagged by on-chain cost basis models. Beyond that, the +2σ band around $144,000 represents the zone where euphoria typically peaks before corrections emerge. For now, Bitcoin’s fate rests on holding $115,000 support. With institutional buying, ETF inflows, and corporate treasury adoption showing resilience, many see the current pullback less as a peak and more as an opportunity for strategic accumulation. Cover image from ChatGPT, BTCUSD chart from Tradingview

Avino Silver & Gold Mines (TSX, NYSE-A: ASM) reported exceptionally rich-grade twin-hole assays from the La Gloria and Abundancia veins at its La Preciosa project in Durango, Mexico. The best intercept was from hole PMLP-25-03, beginning at 106.4 metres downhole, Avino said Monday. It cut 7.9 metres true width, grading 1,638 grams silver per tonne and 1.92 grams gold. This included 0.37 metre at 15,352 grams silver. A second hole, PMLP-25-04, returned 6.42 metres true width grading 544 grams silver and 0.46 gram gold from 183.83 metres, including 0.66 metre at 1,739 grams silver. “The intercept grades are significantly higher than the average grades outlined in our current resource,” President and CEO David Wolfin said in a news release. The results boost company plans to source near-term underground feed as it advances the 360‑metre San Fernando decline ramp towards the Gloria and Abundancia structures. The four-hole program for 1,100 metres twinned historical drilling to validate vein geometry and grades, Avino said. The company’s balance sheet has strengthened this year on higher throughput and lower unit costs, giving it room to advance the project while drilling. More drilling The team plans drilling more step-out holes on the La Gloria vein and will fold the results into the mine model as ramp development continues. Despite the strong exploration results and 12-month growth of 278%, Avino’s Toronto-traded shares were at C$5.29, down C$0.11 or 2% apiece on Monday afternoon. It has a market capitalization of C$755.3 million. Avino finalized the acquisition of the property from Coeur Mining (NYSE: CDE) in March 2022 and has since been working on bringing La Preciosa into production to feed into the Avino mill19 km away. The project offers a potential low‑capital path to add silver‑rich feed. Coeur completed a feasibility study on La Preciosa in 2014, but that open-pit plan doesn’t represent Avino’s current development concept. The company has a plan to grow from one to three producing assets by the end of the decade. As part of the most recent drill program, four HQ (about 63.5 mm- or 2.5 inch-diameter) core holes intersected La Gloria (all four holes), Abundancia (three holes) and several unnamed veins, the company reported. Resource base La Preciosa hosts a 2023 indicated resource of 17.4 million tonnes grading 176 grams silver per tonne and 0.34 gram gold per tonne for a silver-equivalent grade of 202 grams per tonne. The deposit holds 99 million oz. silver and 189,000 oz. gold, or 24 million silver-equivalent ounces. It holds another 4.4 million tonnes inferred at 151 grams silver and 0.25 gram gold for 170 grams per tonne silver-equivalent, for 21 million oz. silver and 35,000 oz. gold, or 24 million oz. silver-equivalent. Including the Avino mine and its planned oxide leach expansion, the company has global measured and indicated resources of 53.1 million tonnes grading 100 grams silver per tonne and 0.47 gram gold per tonne (162 grams per tonne silver-equivalent) for 171 million oz. silver and 799 million oz. gold, or 277 million oz. silver-equivalent.

Ethereum is navigating a crucial battleground between $3,900 support and $4,800 resistance, testing the market’s resolve. With recent pullbacks and strong support in place, speculations are whether ETH can sustain momentum and target the next milestone at $5,000. ETH Hits $4,793 Local Top: Bullish Continuation Confirmed The Crypto Professor, in a recent analysis posted on X, highlighted Ethereum’s impressive rally to a local top of $4,793. This surge came after ETH successfully broke the critical $4,100 resistance level, confirming a bullish continuation structure and signaling strong momentum from buyers despite the volatile market environment. Following this breakout, Ethereum entered what the analyst described as a healthy retracement phase, as traders took profits near resistance. Such pullbacks, while often unsettling to less experienced traders, are considered a natural part of sustaining an uptrend. The analyst stressed that as long as ETH maintains its position above the $4,100 support zone, the broader bullish structure remains intact. Consolidation between $4,100 and $4,700 would be especially constructive, creating a strong base of support before any attempt at a fresh breakout. Looking ahead, the key level to watch is the recent $4,793 high. A clean break above this point could act as a catalyst for momentum, propelling Ethereum toward the $5,000 psychological barrier, with $5,200 also within reach. Ethereum Faces Key Resistance At $4,800 Previous ATH GrayWolf6, in a post on X, shared his thoughts on Ethereum’s weekly chart, noting that it is currently facing resistance at its previous all-time high of $4,800. He highlighted $3,900 as another critical level, explaining that ETH had failed to break this zone three times before dropping as low as $1,400. On the fourth attempt, however, ETH finally managed to break through, confirming the importance of this level in the broader market structure. Currently, ETH is holding above $3,900, which now serves as a key support level. GrayWolf6 pointed out that after Ethereum’s rejection at $4,800, a pullback occurred, and a possible retracement back toward $3,900 remains a possibility. Despite the rejection, GrayWolf6 maintained that his expectation for a new all-time high is unchanged. He stressed that fluctuations of this nature are a normal part of price action, especially when an asset is testing major resistance levels. For now, the range between $3,900 and $4,800 remains the critical area to watch. A breakout above $4,800, according to GrayWolf6, would open the door for ETH to move beyond its previous highs and potentially enter a new phase of price discovery.

Log in to today's North American session Market wrap for August 18 The Trump-Zelenskyy meeting just concluded at around 15:00 ET, leaving place to the ongoing meeting between Trump and a flurry of EU leaders. There has been some doubts relating to some of the demands made by Putin on the meeting that happened past Friday in Anchorage, including a retract of Ukraine from a NATO membership and an official concession of Crimea – Thing deemed "impossible by the Ukrainian President when appearing on Fox. Sentiment degraded a bit to start the day, but the ongoing talks are leaving the market undecided as participants await more news. For that aspect, equities finish the day close to unchanged, forex movement is fairly thin and Cryptos, which were selling off in the morning, mean-reverted back a little (although still finish the session down.) Energy commodities like oil on the other hand, have broken out as a potential end to the ongoing war would imply a much thinner supply. The rest is for Markets to see if the war really comes to an end or not. A ceasefire in the Middle East is also potentially in the building, but will need Israeli confirmation – The Qatari-Egypt proposal has been accepted by Hamas. In the waiting of further headlines, it seems the Market is on edge – expect volatility this week with many different scenarios possible. Read More: US Oil breaks out as bearish catalysts fade Cross-Asset Daily Performance Cross-Asset Daily Performance, August 18, 2025 – Source: TradingView Oil is the one outstanding performer of today's session, starting down about 1.5% before finishing up 1%. Cryptos are also mean-reverting higher with sentiment not degrading further. Movement has beenm relatively muted all around asset classes however. A picture of today's performance for major currencies Currency Performance, August 18 – Source: OANDA Labs The US Dollar started the day on a high note, with the DXY still consolidating around the 98.00 handle. The relative strength for the USD also dragged the Loonie higher, particularly with the support of decent performance from Oil. The Euro, Pound and JPY are the biggest laggers of the session in some mean-reversion flows. Forex movement has still been relatively subdued today. A look at Economic data releasing in tonight and tomorrow's sessions For all market-moving economic releases and events, see the MarketPulse Economic Calendar. The overnight session has a few data points for APAC currency traders, including the New Zealand PPI (18:45 ET) and the Australian Consumer Confidence. Tomorrow's session is expected to be a bit more movemented – The NA session begins with Canadian Inflation at 8:30 A.M. with a consensus at 0.4% m/m for both the headline and core. The US data will be a tid bit lighter with Housing numbers also at 8:30, still, expect headlines from the Trump-EU meeting. Also, tomorrow night will see the release of the RBNZ Rate Decision, where a 25 bps cut is 97% priced in. The decision will be taken at 22:00 in tomorrow's evening session. Safe Trades! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Despite flashing a bullish golden cross, where the 50-day moving average crosses above the 200-day, Dogecoin failed to sustain upward momentum. Instead, heavy selling pressure drove DOGE from $0.24 down to $0.22, marking a 6% drop within 24 hours. Intraday volatility spiked at 7%, as a midday rally was quickly crushed by late-session selloffs. Volume analysis points to stronger conviction from sellers, with spikes during breakdowns rather than recovery moves. Losing the $0.23 support zone has left DOGE vulnerable to further downside, with traders now eyeing $0.2165 and $0.2150 as the next key levels. Dogecoin Whales Keep Buying, But Confidence Wavers Interestingly, whale wallets continue to show aggressive accumulation. In August alone, 680 million DOGE were added, pushing total whale holdings to nearly 100 billion tokens, the highest level in months. While this suggests long-term confidence, the accumulation has yet to translate into upward price momentum, as technical damage from repeated rejections at $0.24 resistance weighs on short-term sentiment. Market analysts warn that if whales pause accumulation amid network risks, the lack of strong buyer support could trigger a deeper freefall below the current $0.22.ç Qubic Vote Sparks Security Concerns The latest blow came when Qubic, an AI-driven blockchain project, announced that its community had voted Dogecoin as its next proof-of-work target. The move follows Qubic’s controversial 51% attack on Monero, which allowed it to reorganize blocks and manipulate transactions, forcing Kraken to suspend Monero deposits. With Dogecoin’s market cap above $35 billion, the stakes are considerably higher. A successful attack could disrupt transactions, enable double-spending, and dent investor confidence. While some experts argue DOGE’s larger network makes it harder to compromise, others caution that the intent alone has raised red flags across the crypto industry. DOGE Outlook: Make-or-Break at $0.23 Dogecoin’s immediate future hinges on whether bulls can reclaim the $0.23 level. Failure to do so could open the door to deeper losses, especially if Qubic escalates its campaign against the network. For now, traders are closely monitoring derivatives positioning, whale behavior, and global trade tensions that continue to pressure risk assets. Dogecoin may have survived many market downturns, but this time, both technical fragility and network security are in question, making the coming weeks critical for the memecoin’s stability. Cover image from ChatGPT, DOGEUSD chart from Tradingview

A new prediction from crypto commentator BarriC has drawn attention to the long-term future of XRP. According to him, the token’s price has so far only been shaped by altcoin seasons and the four-year cycle, leaving an entirely different scenario still unexplored. He believes that when XRP eventually enters a utility run, its value could rise far beyond the levels seen today, moving to $100 first and finally settling at $1,000. XRP Has Never Experienced A True Utility Run Like many other cryptocurrencies, XRP has been subject to cycles of hype, corrections, and quick inflows of capital. Its rallies in previous bull markets, particularly in 2018, were based largely on investor sentiment rather than on widespread real-world use. However, many crypto analysts have argued that the dynamics of XRP are changing, especially now that the SEC-Ripple lawsuit, which has dragged the natural growth of its price down, has ended. According to BarriC, no cryptocurrency, including XRP, has gone through what he calls a utility run. A “utility run,” as he describes it, would be based on adoption across banking networks, remittance companies, and global payment systems. In such a scenario, XRP would move away from being valued purely as a speculative asset and instead gain a price level backed by constant, large-scale demand for transactions. Furthermore, no data exists to describe what happens when trillions of dollars start flowing directly through XRP. The absence of precedent leaves room for dramatic upside that cannot be measured by prior cycles alone, and the idea is that there’s no way that the XRP price stays between $3 and $4 if millions, billions, and trillions of dollars start flowing through the XRP Ledger. Why $1,000 Is Not Out Of The Question The possibility of XRP reaching well above double digits at $10, triple digits at $100, and four digits at $1,000 has been a well-discussed topic among XRP supporters and critics this cycle. Proponents like BarriC argue that XRP is well on track to reach $1,000 and stabilize above this level. However, critics say this isn’t possible, considering the market cap it would need to achieve this price. Addressing those who argue that XRP can never reach $1,000, BarriC countered by pointing out that such claims are not based on evidence. Since no cryptocurrency has yet experienced a true utility-driven cycle, dismissing four-digit targets for XRP is premature. Once XRP starts to see millions in inflows and becomes the backbone of global financial transactions, then it is entirely possible to reach such levels. “That’s when we see prices for $XRP exceed $100 and settle comfortably at $1,000,” he said. At the time of writing, XRP is trading at $2.97, down by 4.8% in the past 24 hours. Right now, the first thing would be to maintain a position above $3.

Ethereum’s evolution has followed a trajectory many analysts predicted, from a high-growth utility asset powering decentralized applications, to a maturing store of value that institutions and long-term holders are beginning to recognize. How Ethereum Enters Traditional Finance Ethereum’s journey as a store of value has followed a predictable but powerful curve, and ETH’s rise has been less of a surprise than a confirmation of history. Analyst Cas_Abbe has highlighted on X that since the ETH launch in 2015, what began as an experiment among cypherpunks and developers slowly found its footing in ICOs, DAOs, and retail adoption. By 2020, ETH had taken on a far more serious role, serving as the core collateral layer of Defi, drawing in funds, family offices, and crypto-native VCs. Then in 2022 was the year the conversation changed and ETH reached its milestone, of Macro funds, corporates, and eventually ETF issuers. The financial advisors also started to pay attention to ETH, recognizing that its role is extended far beyond utility. Presently, ETFs are live, and large institutions are building positions, pension funds, and global allocators are beginning to engage. According to Cas Abbe, this is the real inflection point, where finance runs on cycles, and history has shown a clear pattern that once pensions and institutions normalize an asset class, central banks are never too far behind. ETH is no longer a niche tech bet; it is evolving into a recognized monetary asset. The curve is slow at first, followed by early adopters, speculative capital, and then institutional adoption. However, the history shows that ETH is now firmly on that trajectory, and the final stages have accelerated rapidly. ETH Becoming The Era Of Tokenized Assets Crypto investor known as Ted on X has mentioned that Ethereum would power the next era of finance, and currently, trillions are flowing through its ecosystem. Institutions are building on it, and ETH has transformed into a yield-bearing reserve asset. The Ethereans have always known that ETH would scale, while rollups have turned congestion into capital, and reliability will matter as nearly a decade online without interruption has proven critical. Transactions are now cheap, measured in mere cents, not dollars, which is allowing value to move globally with efficiency. Everything is becoming tokenized: stablecoins, real-world assets, NFTs, corporate treasuries, it’s all on-chain. ETH is the foundation upon which companies from nimble startups to Fortune 500 giants are building as the default. Decentralization will be valued as a global neutral settlement layer for the world. ETH is no longer just a technological experiment, with companies buying and staking it. Institutions now recognize it as productive collateral. Ethereum is powering the future of finance, and what was once considered a bold prediction has become an inevitability.

The ongoing war in Russia has counterintuitively been one of the most significant bearish catalysts in the black gold– Russia floods the market of Oil to countries like India to sponsor its war, prompting threats from Trump.

 The war may continue despite the Trump-Putin meeting, with Ukrainian President Zelenskyy announcing that it would be "impossible" to concede land, mentioning Crimea. As a matter of fact, Ukraine landed hits on one of the key pipelines taking Russian Oil to Hungary, leaving the Hungarian PM Orbán in fury (He is one of the only pro-Russian leaders in Europe). In the Middle East, on the other hand, Hamas is getting cornered into a ceasefire deal as it fears pressure from Israel to retake complete control of Gaza. 

 We are expecting more headlines on these developments.

 If Iran, which is also selling lots of Oil to sponsor its proxies like Hamas and the Houthis in Yemen, were to reduce supply.

 Let’s have a look at US Oil to spot why these factors coincide with a potential short or long-term bottom in the energy commodity. Read More: Nasdaq and tech sector open the week on cautious footingUS Oil technical analysisUS Oil 8H Chart US Oil 8H Chart, August 18, 2025 – Source: TradingView Looking out to the 8H chart looks at the most recent move down that is finding support at the $62.20 level after forming a double bottom. The 8H RSI is also forming a bullish divergence as prices are now rallying. Let's have a closer look. US Oil 4H Chart US Oil 4H Chart, August 18, 2025 – Source: TradingView Looking closer shows more detail of the ongoing breakout in WTI. The most recent up-move is finding some form of resistance at the 50-period MA but bulls have pushed outside of the downwards hourly channel. You can also look at the 4H RSI confirming the bullish divergence. Bulls are looking to break $64.70 to re-enter the prior month range, point after which the bearish momentum will be absent. Levels to place on your charts for US Oil trading: Resistance Levels 63.84 imminent resistance/pivot (break above = more bullish) at the 4H 50 MA.$66 to $67 Mid-range levelhigh range resistance $67.30 to $68 – Confluence with 50 and 200 Day MAsSupport Levels $62.00 to $63 May Range highs supportWednesday lows $62.19 (current double bottom)$60.5 Low of May Range$55 to $57 2025 lows Main supportUS Oil 1H Chart US Oil 1H Chart, August 18, 2025 – Source: TradingView Since the beginning of the morning session, bears have given up the short-term momentum. Prices are trying to push within the $64 resistance zone, acting as immediate pivot. It will be essential to see how markets react around that zone as it also was a point of breakout during the Israel-Iran tensions. Furthermore, the 200-Hour MA is acting as resistance there, if broken, there won't be much acting as resistance before the middle of the prior month range. ($66 to $67). Safe Trades! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Dubbed the Sydney Copper project, Nova Copper (unlisted) and the Assembly of Nova Scotia Mi’kmaw Chiefs signed an agreement last week covering the proposed exploration activity at the project in Cape Breton, N.S. The Assembly signed the memorandum of understanding (MOU) for the exploration and development of the project. The MOU is the foundation for open, good faith dialogue between Nova Copper and Indigenous people and opens the doors for the Mi’kmaq to be involved with the project. It includes Nova Copper’s to undertaking a Two-Eyed Seeing (Etuaptmumk) program to support a greater understanding of the project respecting the traditional knowledge of the Mi’kmaq. “Mining is one of the major employers of Indigenous people across Canada and we want to see that success extend to our Mi’kmaw partners on Unama’ki (Cape Breton) and across Mi’kma’ki. This MOU builds on the positive dialogue we have been pursuing for several years,” said Harry Cabrita, CEO of Nova Copper. The company is relogging historical core, digitizing a 3D model of the historical data, and conducting a baseline water survey. The site has proximity to other established mineral projects and is located in a mining-friendly community with roads. On the project itself, there are 12 km of drill roads. The Sydney project displays gold, molybdenum, silver and rhenium as well as copper. The company plans to complete an inaugural resource estimate and a preliminary economic assessment in the next 24 months. Nova Gold is headquartered in Halifax, N.S. Call 902-333-5305 or email contact@novacopper.ca.

Osisko Development (TSXV, NYSE: ODV) has successfully closed its $203 million bought deal private placement for the Cariboo gold project. The property, 65 km east of Quesnel, British Columbia, is shovel ready. Both an underground mine and a carbon-in-pulp recovery plant are planned. The offering consisted of two parts. First, the company issued approximately 58.6 million units at the issue price for aggregate gross proceeds of $120 million. The second is a non-brokered portion consisting of approximately 40.5 million units for gross proceeds of $85 million. The non-brokered units were largely taken up by Double Zero Capital, a Delaware investment firm, and the units represent about 15.4% of Osisko Development’s issued and outstanding common shares. Each unit consists of one common share and one-half of a share purchase warrant exercisable at $2.56 per share. Certain insiders of Osisko Development subscribed for 628,000 units for gross proceeds of about $1.3 million. Osisko will use the net proceeds of the offering to fund the distributed equity portion of the capital committed to the Cariboo gold mine. In July, the company arranged a $450 million loan credit facility with Appian Capital Advisory. The updated Cariboo feasibility study was released in April 2025. Using a current gold price of $3,300/oz. and a mine life to 12 years, the NPV (at 5% discount) is nearly $2.1 billion and the IRR is 38%. In the updated scenario, the annual gold output would average 193.800 oz. in years four through nine. Proven and probable reserves over all zones are 16.7 million tonnes grading 3.78 g/t gold and containing just over 2 million oz. of gold.

Ethereum has entered a volatile phase after reaching a multi-year high near $4,790, retracing sharply to the $4,200 level. The correction represents an 11% decline in just a few days, shaking out overleveraged positions and fueling debates among analysts about ETH’s next move. Some market watchers warn that Ethereum could face a deeper pullback if the $4,200 level fails to hold as support. A breach here could send ETH lower, with traders eyeing the $3,900–$4,000 zone as the next major demand area. This cautious perspective highlights that momentum may be fading after the strong parabolic rally since mid-July. However, a different narrative is emerging. Many analysts argue that Ethereum has already flushed out excess leverage during this drawdown, setting the stage for renewed strength. With demand from institutional flows, strong ETH ETF inflows, and continued whale accumulation, bullish voices believe ETH is preparing for another leg higher — potentially toward new all-time highs above $4,900. Ethereum Grabs Liquidity At Key Price Level Top analyst Ted Pillows recently shared Ethereum’s liquidity heatmap, highlighting the $4,350 zone as a critical level where major liquidity was taken. According to Pillows, this move will determine whether Ethereum can stabilize and build a stronger base for its next rally. He poses the essential question: Will $4,350 be enough for ETH to hold? In the short term, the $4,350 zone now acts as an important pivot. If ETH maintains this level, it could serve as a launchpad for another push toward $4,800 and eventually beyond $5,000. However, a failure to hold could see price retest deeper supports near $4,000, which would prolong consolidation before any further breakout. Supply on exchanges is declining, signaling strong accumulation and reduced selling pressure. Institutional adoption is rising, with ETFs attracting record inflows and major companies adding ETH to their treasury strategies. Regulatory clarity in the US has improved, easing concerns for large-scale investors and legitimizing ETH as a core asset. With these drivers in place, Pillows and many others believe that Ethereum is on a clear path to set new all-time highs above $5,000, once the current volatility settles. The market may be turbulent in the coming weeks, but the broader trajectory still points higher. Weekly Chart Analysis: Consolidation Below Resistance Ethereum’s weekly chart shows a decisive pullback after touching $4,790, with the price now retracing to around $4,270. The move represents an 11% decline from the recent peak but comes after an explosive rally that pushed ETH above long-term moving averages, highlighting a shift in market momentum. The 50-week moving average sits at $2,811, while the 100-week and 200-week averages are clustered near $2,788 and $2,443, respectively. ETH’s distance above these levels reflects strong bullish momentum, as the asset remains well supported by its higher trend structure. Historically, when Ethereum trades significantly above these averages, corrections tend to be part of a healthy consolidation before resuming upward movement. Long-term investors may interpret the retracement as a reset of overextended conditions, potentially preparing ETH for another leg higher. If Ethereum stabilizes here, a retest of $4,790 and eventual breakout toward new all-time highs above $5,000 remains a plausible scenario in the coming months. Featured image from Dall-E, chart from TradingView

GoviEx Uranium (TSXV: GXU) has entered the Australian capital market by combining with ASX-listed shell company Tombador Iron (ASX: TI1) in a proposed reverse takeover (RTO) that would see GoviEx end up with a new capital structure, investor base and additional cash on hand. Under the RTO arranged on Monday, Tombador would acquire all of GoviEx’s Class A shares, issuing 0.2534 of its own shares for each GoviEx share acquired. Upon completion, existing GoviEx shareholders would own 75% of the combined company, which will be renamed as “Atomic Eagle” listed on the Australian exchange. Compared to GoviEx, Atomic Eagle will have a much tighter share structure, with approximately 345 million outstanding, which the company says is “expected to result in a more efficient float and reduced share price volatility” and would provide “greater flexibility for future capital raises.” By noon Monday, GoviEx traded at a near 52-week low of C$0.055 with a market capitalization of C$56.2 million ($40.7 million). Tombador, which at the moment has no operating mining business and approximately A$10.4 million in cash, will also conduct a financing of at least A$5 million and up to A$10 million. This would bring the combined company’s cash balances to between A$19.4-A$24.4 million. The business combination would also bring on board key personnel of Matador Capital, an early-stage investor in Australia’s Boss Energy and Lotus Resources. Daniel Major, GoviEx’s CEO, will continue to lead Atomic Eagle, joined by a board of seasoned industry professionals that includes Tombador’s executive director Stephen Quantrill and Keith Bowes, former managing director at Lotus Resources. Shareholders of GoviEx will vote on the transaction in a meeting scheduled for October 24. Certain company insiders holding 27.6% of its shares are expected to vote in favour. ‘Transformational’ deal Govind Friedland, GoviEx’s executive chairman, calls the RTO “a transformational transaction” for the company, whose main focus is advancing the Muntanga uranium project in Zambia. “It brings an Australian public listing, a new capital structure, a refreshed board, new substantial shareholders, a cornerstone investor with recent uranium development experience and a strengthened balance sheet,” Friedland said. The combined company will continue with the development of Muntanga, situated in one of the largest and most underexplored sandstone-hosted uranium basins in the world. Earlier this year, GoviEx released a feasibility study that outlined a potential 12-year operation averaging 2.2 million lb. of uranium oxide production per annum, at low operating costs of $32.2/lb. The project’s after-tax net present value is estimated at $243 million, with an internal rate of return of 20.8% and a 3.8-year payback period. “Uranium is growing in importance and prominence in the global transition to clean energy,” Tombador’s Quantrill said, adding that he welcomes the opportunity to work with Friedland and his team alongside the experienced leadership from Matador to realize the potential of the GoviEx projects.

Ethereum’s (ETH) latest price rally has sparked renewed debate over whether the market is nearing a critical turning point. Analysts are looking closely at past cycles for insight, with some suggesting that history may be repeating itself. If the patterns hold true, ETH could be only weeks away from a cycle peak, making this a decisive moment for investors to consider when it might be time to sell everything. Ethereum’s Cycle Top Signals When To Exit Crypto analyst Jackis has shared insights into Ethereum’s recent price movements, indicating when investors should exit the market entirely. In a recent X social media post, the analyst noted that the ETH price action is closely mirroring its behavior from previous market cycles. Looking at the chart, Ethereum had hit one of its major cycle tops in January 2018, followed by another peak in November 2021. Moreover, both instances were preceded by a sharp upward trajectory that culminated in heavy corrections. Jackis also points out that in those earlier cycles, ETH was trading significantly above prior highs before topping out. This time, however, the altcoin has not even broken into a new all-time high yet, although it is currently approaching that critical resistance. Notably, the timing of ETH’s current setup is significant, as the four-year cycle theory suggests that the cryptocurrency could be just four weeks away from a major top. Jackis noted that this window aligns with September, which could serve as a critical moment for investors to reassess risks and consider whether “selling everything” is warranted. The analyst further highlighted that while Ethereum’s structure shows strength, most altcoins are lagging far behind. Cryptocurrencies such as Binance Coin (BNB), XRP, and Dogecoin (DOGE) have already established their tops in 2021 and remain far below those levels. Jackie stated that their price action suggests a market environment more consistent with ETH trading around $2,200, rather than its current level below $4,500. Bitcoin, meanwhile, has continued to march higher since its November 2022 lows, forming higher lows and higher highs in a textbook bull market structure. ETH Panic Selling Or Pre-Breakout Opportunity? In other news, crypto market expert Ether Wizz argues that the current panic selling of Ethereum mirrors the same mistake traders made with Bitcoin in past cycles. At the time, early sellers underestimated the strength of institutional demand and long-term buyers, only to watch BTC surge far beyond expectations. The analyst highlighted a recent rebound in the Ethereum price above the 50-week Simple Moving Average (SMA), which historically has signaled the beginning of explosive rallies. The comparison between Ethereum’s 2025 chart and its 2017 breakout also highlights a similarity. In both cases, the cryptocurrency consolidated, reclaimed its moving average, and then accelerated higher. Notably, Ether Wizz points out that Ethereum could still experience a short-term correction of 5% to 10%. However, he argues it is misguided to assume ETH has already peaked, maintaining instead that the cryptocurrency is in the early stages of a move that could eventually drive its price toward a new all-time high of $10,000.

Critical Metals (Nasdaq: CRML) has returned results as thick as 65 metres grading 0.55% total rare earth oxides (TREO) from surface at Tanbreez, one of the largest undeveloped heavy rare earth deposits outside China. That result in hole DDH-C-24 at the Fjord deposit in southern Greenland is top-tier and important for showing continuity in a bulk target that could support long-life production. The Tanbreez hole included 25.5% heavy rare earth oxides (HREO) and 90 parts per million (ppm) gallium oxide (Ga2O3), an important energy transition metal for its use in semiconductors, LED lights and solar panels. “These incredible results underscore the strategic value of Tanbreez as a rare earth elements and gallium project with scale, grade, and a high proportion of critical heavy rare earths,” Critical Metals CEO and executive chair Tony Sage said in a release on Monday. “With China’s total control over the rare earth market globally, securing sources of these critical minerals has become paramount for US defence capabilities and national security.” Rare earth tailwinds The results come just over a month after the United States’ Department of Defense (DoD) struck a key partnership to spur domestic production of rare earths. The deal with MP Materials (NYSE: MP) made the Pentagon the largest shareholder in MP, which operates the Mountain Pass rare earths mine in California, and set a price floor of $110 per kilogram for neodymium-praseodymium (NdPr) materials. Critical Metals shares fell 6.9% to $5.43 apiece on Monday morning in New York, for a market capitalization of $534.4 million. The stock has traded in a 12-month range of $1.23 to $10.15. While the Tanbreez assay is much less than the 17% TREO surface channels samples found at US Critical Materials’ (OTC: USCMF) Sheep Creek project in Montana or Steenkampskraal Holdings’ 14% TREO in South Africa, it’s in line with bulk, low-to-mid grade, very large-scale rare earth projects such as nearby Kvanefjeldheld by Energy Transition Minerals (ASX: ETM) and Norra Kärr in Sweden held by Leading Edge Materials, TSXV: LEM). High-grade HREO Another noteworthy Tanbreez result, hole DDH-B-24 cut 61.3 metres grading 0.5% TREO, 26% HREO and 100 ppm Ga2O3; while hole DDH-A2-24 intersected 41 metres at 0.52% TREO, 26.9% HREO and 95 ppm Ga2O3. DDH-A1-24 cut 40 metres grading 0.48% TREO, 27.1% HREO and 100 ppm Ga2O3, with mineralization remaining open at the bottom of all holes, the company said. The holes are part of an ongoing resource upgrade program for Fjord, with more than 1,500 metres drilled so far this year and additional assays pending. The project has an estimated net present value of about $3.04 billion (C$4.1 billion) or about $2.8 billion to $3.6 billion at discount rates of 15% and 12.5%, respectively, before tax; with an internal rate of return of 180%, according to a preliminary economic assessment from March. Tanbreez, made up of the Fjord and Hill zone deposits, hosts 25.4 million indicated tonnes grading 0.37% TREO and 19.5 million inferred tonnes at 0.39% TREO.

Most Read: Gold (XAU/USD) Hovers at $3350/oz, Russia-Ukraine Developments in Focus USD/CAD advances in the US session, trading above the 100-day MA as the potential for further gains grows. There are of course headwinds for the pair which could scupper a move higher in the coming days. Geopolitical Risk The important meeting between US President Donald Trump and Russian leader Vladimir Putin in Alaska ended on Friday without any major progress. However, Trump said on Monday that Ukrainian President Volodymyr Zelenskiy could end the war with Russia quickly if he chooses to. Trump, Zelenskiy, and key European leaders are set to meet later today to discuss ending Europe’s deadliest war in 80 years. The move has kept Oil prices on edge of late with WTI trickling lower over the past few trading sessions. Weaker WTI oil prices have weighed on the Canadian Dollar and could aid a move higher for the pair if the decline continues. Bearish FED Outlook Gathers Pace Confidence that the Federal Reserve is ready to cut two or three times this year sees investors happy to remain long risk assets. The increasing probability of rate cuts will also weigh on the US Dollar but for now it appears the Canadian Dollars weakness is overshadowing the US Dollar weakness. This sets the pair up for further gains. Wednesday sees the release of the minutes of the July FOMC meeting, where two dissented for a 25bp rate cut. Of greater interest, however, will be Chair Jerome Powell's speech at the Jackson Hole symposium this Friday afternoon. The Jackson Hole meeting could set the tone for the US Dollar moving forward. Data Ahead Which Could Affect USD/CAD The week ahead brings data from both the US and Canada. The FOMC minutes and the S&P PMI data will be released from the US which could stoke some volatility in the pair. Tuesday will bring Canadian inflation data which is cooler but not quite where the Bank of Canada would like it to be. Canada’s central bank is unlikely to speed up rate cuts as its preferred inflation measure stayed high at 3% in June. The Bank of Canada lowered its policy rate to 2.75% in July but plans to move cautiously due to stubbornly high service prices, tariffs, and weakening demand. This makes the CPI release tomorrow all the more interesting. A drop in inflation could aid USD/CADs move to the upside and facilitate a test of the 200-day MA. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Technical Analysis - USD/CAD From a technical standpoint, USD/CAD is back above the 100-day MA but continues to grind higher. The varying risks for the pair is currently keeping any significant moves at bay but there is a growing probability that further upside may materialize The pair is still showing a bullish trend after pulling back and holding support at a previous resistance level. Looking at the RSI and it is currently hovering around the 60 mark. This is another sign that bullish momentum remains intact. Immediate resistance rests at 1.3860 before the 1.4000 and 200-day MA at 1.4035 comes into focus. A move lower from here may find support at 1.3747 before the most recent swing low at 1.3588 comes into focus. USD/CAD Daily Chart, August 18, 2025 Source: TradingView.com (click to enlarge) Client Sentiment Data - USD/CAD Looking at OANDA client sentiment data and market participants are Short on USD/CAD with 64% of traders net-short. I prefer to take a contrarian view toward crowd sentiment and thus the fact that the majority of traders are net-short suggests that USD/CAD prices could continue to rise in the near-term. 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.

After a blow-out end to 2024 and a roaring start to 2025, the meme coin corner of the crypto world has slowed down. But it’s still a market you can’t ignore – it’s just harder to pin down. The sector’s aggregate value sits around $68B, and while performance has been mixed this year, trading interest remains strong wherever investors think the best meme coin deals lurk. Institutional data firms say the phenomenon isn’t only cultural, it’s mechanical. Kaiko notes meme tokens have repeatedly dominated trading volumes in bursts this year, even as regulators question whether they belong in investable indexes. One answer to the question of meme coin viability might be to avoid it altogether, but instead of considering ‘memes’ versus ‘utility tokens,’ what about a meme coin that brings genuine utility? Enter Little Pepe ($LILPEPE). ‘Little Pepe’ Tries Infrastructure, Not Just Virality Little Pepe ($LILPEPE) is a project positioning itself as a meme-powered ecosystem running on an EVM-compatible Layer-2. Keep the community and branding that fuel meme adoption, but pair it with cheaper, faster transactions than Ethereum mainnet. That’s how you attract traders who are tired of getting clipped by gas fees during hype cycles. The network is designed for near-zero fees, EVM tool compatibility, and anti-sniper protections on its integrated launchpad, making it one of the best crypto presales of 2025. Presale Momentum and a Big Giveaway The Little Pepe presale is moving fast, over a week ahead of schedule. The presale has raised about $21.M, selling 12.75B tokens and moving into Stage 11 at $0.0020 per token. The team is also running a $777K giveaway for early participants (ten winners at $77K each), contingent on a minimum $100 presale buy-in and social-engagement tasks. So far, so good. And the progress fits in perfectly with the proposed roadmap: a ‘pregnancy’ phase (presale and partnerships) a ‘birth’ phase (launch and top-tier exchange listings) a ‘growth’ phase that targets a top-100 market-cap slot and the formal launch of its Layer-2 EVM chain The core idea is to become an infrastructure for future meme launches rather than a one-off token. Little Pepe ($LILPEPE) – Meme Coin Momentum, Layer-2 Utility High transactions at minimal cost, and a built-in launchpad. Little Pepe isn’t just about creating a meme coin wave – $LILPEPE is ready to build a project that creates its own meme coins. The project is fully audited by Certik, providing a degree of security, transparency, and user trust. The meme sector has matured from one-click jokes to sprawling micro-economies, but the market’s lesson of 2025 is clear: novelty isn’t enough by itself. Projects with Little Pepe’s cheaper execution, fairer initial trading, and developer-ready rails will have a better chance to succeed, and maybe even start the next meme coin rush. Little Pepe threads the needle, keeping the frog-fueled fun while building the platform beneath it. That’s enough to put $LILPEPE among the best cryptos to buy in 2025. Check out the project’s whitepaper, and if you haven’t already done so, follow the project on Telegram and X. Backing Grows for Little Pepe, One of the Best Crypto Presales of 2025 The meme coin sector is sizable but volatile, and choosing the wrong presales carries elevated risk. But Little Pepe’s emphasis on low-fee, high-throughput rails is exactly what could carry it through any meme coin turmoil. Stage 12 of the presale beckons once the project passes 14.2B tokens sold. As always, do your own research. This isn’t financial advice.

Bitcoin is trading around the $115,000 level after a sharp pullback from its recent all-time high near $124,000. Volatility has returned to the market, sparking renewed debate among analysts and investors over whether BTC is preparing for a deeper correction or gearing up for the next leg higher. The current price action reflects indecision, with buyers and sellers locked in a tight battle at these critical levels. Some analysts warn that Bitcoin could face stronger selling pressure if it fails to reclaim momentum, while others argue that this retrace is a healthy reset before another aggressive move upward. What is clear, however, is that investors are preparing for heightened market swings in the coming weeks. Key on-chain data reveals that short-term holders (STHs) remain under pressure. Since November and December of 2024, the average profit realized by this group has not exceeded 5%. This means their Spent Output Profit Ratio (SOPR) has stayed below 1.05, signaling that many recent market entrants have struggled to lock in meaningful gains. Historically, this kind of stagnation in STH profitability has preceded major directional moves, suggesting that Bitcoin may be on the verge of its next decisive phase. Bitcoin Short-Term Holders Under Pressure Top analyst Darkfost has provided a fresh take on Bitcoin’s current market structure, focusing on the behavior of short-term holders (STHs) through the lens of the Spent Output Profit Ratio (SOPR). The SOPR measures the average profit or loss realized when a UTxO is spent, making it one of the most reliable gauges of investor profitability and selling behavior. At present, the STH SOPR remains stuck at the neutral ratio of 1. This means that, on average, recent market entrants are breaking even on the coins they sell, rather than realizing a profit or a loss. According to Darkfost, this suggests that many STHs entered the market late, likely during Bitcoin’s push above $100,000 over the past six months. As a result, they now find themselves in a holding pattern, waiting for price appreciation to secure meaningful returns. Darkfost emphasizes that in bull markets, these dynamics often follow a predictable pattern. When STHs are shaken out, their SOPR typically dips below 1, reflecting selling at a loss. Historically, such phases have created attractive dollar-cost averaging (DCA) opportunities, as capitulation from weaker hands clears the way for stronger upward trends. Bitcoin Price Analysis: Key Levels in Focus Bitcoin is currently trading near $115,133, after pulling back sharply from the recent peak at $124,000. The chart shows that BTC has broken away from its mid-summer consolidation, but momentum has cooled, with price now testing support around the 50-day moving average ($115,712). This level will be critical in the short term, as a sustained breakdown could open the way toward the 100-day moving average near $110,833. Despite the recent decline, the broader structure remains constructive. Bitcoin has spent much of the past six months above the psychological $100,000 level, establishing strong long-term support. The rejection near $123,217, marked by the yellow resistance line, suggests that bulls will need more conviction to push BTC into new highs. A clean breakout above that level could quickly send the price toward the $130,000–$135,000 region. On the downside, the 200-day moving average ($100,339) remains the ultimate line of defense. As long as BTC stays above this level, the broader bull trend remains intact. Featured image from Dall-E, chart from TradingView

Harmony Gold’s (JSE: HAR, NYSE: HMY) acquisition of MAC Copper (NYSE: MTAL, ASX: MAC) has cleared the final regulatory hurdle after Australia’s Foreign Investment Review Board (FIRB) gave its approval of the $1 billion deal. The FIRB approval, says MAC Copper CEO Mick McMullen, is “another significant step towards implementation of the transaction as all requisite regulatory approvals have now been obtained.” It follows last week’s approval of the deal by the South African Reserve Bank. The transaction still requires approval from investors, satisfaction of certain restructuring conditions, and sanction by the court. Shareholders of MAC are expected to cast their votes at meetings scheduled for August 29 in Jersey and online. As disclosed in its announcement in late May, Harmony would pay $12.25 for MAC’s common shares, a 20% premium at the time, for a total transaction value of $1.03 billion. On Monday, MAC Copper traded at $12.14 apiece on the NYSE, with a market capitalization of $1 billion. Copper shift The acquisition of MAC represents a strategic shift by South Africa’s leading gold producer to diversify its portfolio with critical minerals such as copper. MAC’s main asset is the CSA mine in New South Wales, which currently ranks amongst the highest-grade copper mines in Australia and is one of its oldest copper operations, with a history stretching back nearly 150 years. At 1.9 km, it is also one of the country’s deepest underground operations. The mine and facility were previously held by Glencore. In March 2022, MAC won a bid to acquire the asset for $1.1 billion. The transaction expands the company’s existing copper footprint in Australia, where it entered in 2022 with the Eva copper project in Queensland. The Johannesburg-based miner expects to begin production at Eva by 2028. With CSA and Eva combined, Harmony aims to produce 100,000 tonnes of copper annually within five years.

Japan’s Financial Services Agency (FSA) is preparing to approve the country’s first Yen-denominated stablecoin. This will be the first time a domestically issued, fully collateralized Yen stablecoin is expected to go live at national scale. Japan’s stablecoin can be approved and launched as early as this autumn. Furthermore, Tokyo-based fintech JPYC is set to lead issuance under Japan’s revised regulatory framework. 18 August 2025 local media reports also confirmed that JPYC aims to issue roughly $7 billion of the new cryptocurrency over three years. The stablecoin will be pegged 1:1 to the Japanese Yen. It will be backed by highly liquid assets such as bank deposits and Japanese government bonds (JGBs). Japanese blockchain technology developer, Soramitsu, is working with the State Bank of Pakistan to launch a pilot program for a CBDC this year. Can this partnership fast-track Pakistan’s timeline for launching a CBDC? Jameel Ahmad, governor of the State Bank of Pakistan, is working closely with Soramitsu. Pakistan’s move indicates the country’s intent to modernize its financial structure, especially in partnership with US President Donald Trump. Japan’s technical expertise in fintech and digital currency regulation will be leveraged by Pakistan to design a secure, efficient, and scalable CBDC framework. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025 Key Takeaways Japan is entering the stablecoin mainstream with a tightly supervised, yen-pegged instrument. It will connect blockchain efficiency with the credibility of cash and government bonds. With JPYC expected to lead issuance and approval targeted for this fall, the move could rewire domestic payments. It can also streamline remittances, and add a new, steady buyer to Japan’s bond market. The post Japan’s First Yen-Backed Stablecoin Poised For Approval This Fall appeared first on 99Bitcoins.

Dogecoin is once again in the spotlight as market analyst Master Ananda outlines a bold outlook for its current bull cycle. Past cycles show that major moves in DOGE often unfold over many months, not weeks. Ananda highlights that the meme coin has already been in an uptrend for years, with strong momentum since 2022 and a clear breakout from October 2023. While no one can predict markets with certainty, the analyst argues that the path of growth is already in motion, and price targets suggest a possible climb as high as $2.55 this cycle. Dogecoin’s Historical Growth Patterns Vs. Current Cycle Looking back at Dogecoin’s history, the numbers speak for themselves. In the last bull market, DOGE grew an incredible 65,527% over 420 days, proving that its rallies have the power to stretch far beyond what most expect. This context makes it hard to believe the claim that all potential growth must be squeezed into just two months, or “eight candles,” as Ananda puts it. Dogecoin hit its bear market bottom in June 2022, following the May 2021 all-time high. From that point, including a long stretch of consolidation, DOGE has been on a steady climb for 1,155 days. The uptrend became much clearer in October 2023, meaning it has been building strength for 672 days since then. Given this background, Ananda asks: Who decides the rally has to end in exactly two months? Why not three, four, or even more months of continued growth? He points out that the market does not always follow the predictions of central banks or analysts, and external expectations like recession fears often fail to match what happens. In some cases, while traditional markets fall, crypto can surprise everyone by turning ultra bullish. For Dogecoin, that kind of perfect timing is not impossible. With this in mind, the analyst believes the idea of a short-lived rally underestimates Dogecoin’s potential. Its chart shows years of progress and a trend that is still far from over. While it remains below its all-time high, Ananda is confident that the crypto will surpass it this cycle. Key Price Targets And Resistance Levels Ahead Turning to the chart, Ananda lays out clear price levels to watch. The first significant resistance stands at $0.47, a milestone that is within reach this month if momentum continues. Breaking through that level would set the stage for a test of the previous all-time high at $0.74. Beyond that lies $1.166, which Ananda calls the primary resistance for the current move. If Dogecoin can push past this zone, the door opens to even higher targets that could redefine the cycle, with the potential for a price climb to $1.85 or even $2.55, marking an increase of around 1,000% from current levels. While short-term uncertainty is always present, especially with talk of recessions or market corrections, Ananda argues that Dogecoin’s setup remains bullish. The market may look calm now, but the conditions are in place for a breakout.

Nasdaq and the broader tech sector are starting the week more cautiously, with overnight futures showing the Dow holding up relatively well against the more risk-sensitive Nasdaq. (An informal invitation to consult our most recent analysis on the Dow) After weeks of steady outperformance from tech compared to other sectors, the latest dip could be simple profit-taking—but in the bigger picture, it looks like flows are shifting as the appetite for risk begins to cool. Markets are still waiting to learn more from the post Trump-Putin meeting developments, with EU leaders showing up to the White House today to discuss on the future path of action for the Ukraine-Russia ongoing war. Participants will look to learn more on this before showing more appetite to risk. There is also key data appearing this week with PMIs from all around the globe. Earnings season adds another layer of focus, with consumer giants like Walmart, Target, and Home Depot reporting this week and offering a read on household demand. Meanwhile, the most recent PPI data has already begun to weigh on sentiment. Let’s look at the charts to see if this cautious tone starts building into something larger. Read More: Cryptocurrencies extend their decline from recent highsNasdaq Daily Chart Nasdaq Daily Chart, August 18, 2025 – Source: TradingView The Nasdaq is showing consecutive doji candles at the higher bound of the May upwards Channel. Bulls will have to be cautious particularly as a Daily Bearish divergence on the RSI is showing up after months of relentless rallying. With momentum and sentiment appearing to shift, it will be essential to approach markets with a bit more caution, particularly with the PPI showing tariff-led inflation making its way to the US. The September rate cut is still not out of the picture and a new ATH has just been formed, showing that markets are still far from bearish. Nasdaq 4H Chart Nasdaq 4H Chart, August 18, 2025 – Source: TradingView Momentum is still around neutral and the 4H MA 50 is showing as immediate support (23,650). Keeping this one in check is essential for bull/bear momentum analysis as we are nearing the mid-line of the longer-trend upward channel. Any bearish continuation may point towards the 4H MA 200 which coincides with the lower bound of the channel (around 23,200). Levels to watch for the Nasdaq: Resistance Levels Top of Ascending Channel and Daily resistance 24,000 to 24,100Daily highs and ATH 23,986Friday highs 23,880Support Levels 23,700 current Pivot Zone at the NFP highs (confluence with 1H and 4H MA 50)23,500 Support23,150 Main Support Zone Safe Trades! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

As you might have heard, Qubic, the AI-focused blockchain project, was behind Monero’s 51% attack, which allowed them to gain majority control over its network. Well, the community is back at it again – and this time they have Dogecoin (DOGE) in their sights. This time, answering to Qubic’s founder, Sergey Ivancheglo’s post on X about which ASIC-enabled proof of work blockchain the community should target next. Some big names were thrown into the mix, including Dogecoin, Kaspa (KAS), and Zcash (ZEC). On 17 August 2025, Ivancheglo, also known as Come-from-Beyond, shared in an X post that the community voted to pursue the memecoin king, Dogecoin. EXPLORE: 10+ Crypto Tokens That Can Hit 1000x in 2025 DOGE Price Chart In The Red After Qubic Targets Dogecoinc With its market capitalisation of $35Bn, Dogecoin is firmly on Qubic’s radar, accumulating 300 votes, eclipsing the other contenders’ total tally. Currently, Dogecoin’s price is trading in the red. The memecoin is in a sharp decline as of this writing, slipping more than 5%, bringing it closer to its critical $0.21 support. This decline occurred after users discovered Qubic’s targeting of Dogecoin. (DOGEUSDT) On-chain and derivatives data further reinforce the current bearish sentiment as DOGE holders incur losses and short positions gain traction among traders. Santiment’s Network Realised Profit/Loss (NPL) indicator, which measures market pain, slid from 2.68 million to -271.41 million between 14 and 15 August, indicating holders are realising losses and increasing selling pressure. (Source) This is the lowest dip that the indicator has recorded since July 2022. Moreover, Coinglass’s long-to-short ratio hit 0.79 on 18 August 2025, its highest in over a month, signalling a bearish sentiment as traders scramble to position for a decline in Dogecoin’s price. Dogecoin saw an 8.58% pullback on 14 August 2025, facing resistance at the $0.24 daily level. It found support near $0.21 from where its price rebounded 4.6% through Sunday. The memecoin is currently trading at around the $ 0.22 level. A slide down its support at $0.21 could lead to further downturns, with key support resting at $0.18 level on the weekly chart. (DOGEUSDT) Momentum indicators show market uncertainty. While the daily RSI hovers at a neutral 50, the MACD lines converge, suggesting market indecisiveness. EXPLORE: 20+ Next Crypto to Explode in 2025 Qubic’s Reasoning Behind Monero Attack: “A lot of electricity is burned for useless #POW” Qubic’s mining pool achieved a six-block reorganisation following a month-long standoff with Monero miners. At the time of this writing, it commands a hash rate of approximately 2.32 Gh/s, currently the most powerful on the Monero chain, according to MiningPoolStats’s data. After the takeover, Qubic announced that Monero’s core features, such as privacy and transaction speeds, remain uncompromised. However, it spelled out its end goal: to provide Monero’s security by Qubic miners. When asked about the reason behind his attack on Monero, Ivancheglo said on X, “A lot of electricity is burned for useless #PoW, we need that electricity for #AI.” Qubic’s aggressive scaling strategy has caused quite the stir in the proof-of-work landscape. It is now going after established blockchains to test their limits. While Dogecoin is a significantly larger fish to fry, Qubic’s miner community has approved this project. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025 Key Takeaways Qubic miners are now going after established blockchains like Dogecoin Qubic wants Monoero’s security to be provided by Qubic miners DOGE price is in the red after this announcement and has slipped more than 5% today The post Qubic Targets Dogecoin After Monero’s 51% Attack appeared first on 99Bitcoins.