Redator

Ethereum has struggled with the resistance at $4,000 over the last three years and has yet to make a definite break above this level. The constant rejection from here suggests that this is now the level to beat if the Ethereum price is to ever resume its campaign for new all-time highs from here. Given this, how the price reacts now to this level will determine whether there is a major crash coming or if bulls can continue their domination and trigger an altcoin season. $4,000 Is The Decision-Maker For Ethereum After multiple failed retests over the last year, the $4,000 has emerged as the undisputed psychological level for the Ethereum price. Crypto analyst The Alchemist Trader refers to this as a high-timeframe barrier due to these rejections and the major level to watch to determine the next direction for ETH. In the analysis, Alchemist explains that Ethereum has now entered a decisive stage while testing the upper boundary of a long-standing range. This long-standing range is identified as the $1,300-$4,000 range, which has held for more than a year. Following the most recent failure to break out of $4,000, Ethereum has fallen back into the range and has now entered consolidation. Below $4,000, the analyst believes that trading Ethereum is filled with both opportunity and risk. This all depends on whether the altcoin breaks out or fails next, putting investors in a precarious position of picking whether to long or short the digital asset at this level. Since previous retests of the $4,000 have led to rejections and a push back toward the mid-range or lower levels, it is possible that this time follows the established trend. However, there is still a lot of bullish sentiment in the market, and Ethereum could ride this wave into another breakout from here. What Happens In A Break Or Rejection In the event of a breakout above the $4,000, the crypto analyst does see the Ethereum price reaching new yearly highs from here. The first major resistance after $4,000 would be the $4,500 level. Next up would then be the $5,000 psychological level, which would mean brand new all-time highs for the altcoin if it were to test this resistance. On the flip side, another total rejection of $4,000 could trigger a massive crash. The last rejection from this psychological resistance back in December 2024 led to a multi-month decline that saw the price crash more than 60% before finding a bottom four months later at around $1,500. In the latter scenario, the analyst expects the Ethereum price to continue to trade inside the established $1,300-$4,000 range. As such, Alchemist advises investors that “Until a decisive move occurs, traders should remain cautious and reactive rather than overly anticipatory.”

The crypto market saw another tense session on Wednesday as Bitcoin briefly dumped to $115,000 before recovering hours later back to the key $118K support level: a battle that’s been going on for days now. Traders are watching closely as BTC holds this level with its teeth, despite increasing macro pressure. While the broader market showed fatigue, the question now is: what’s the best crypto to buy in this environment? BitcoinPriceMarket CapBTC$2.35T24h7d30d1yAll time The Federal Reserve announced Wednesday that it would not cut interest rates for July, holding steady between 4.15% and 4.25%. The decision came despite public pressure from the Trump administration, which has been calling for a 0.25% rate cut to protect economic growth amid rising tariffs. Fed Chair Jerome Powell pushed back, citing inflation risks and the economic uncertainty caused by Trump’s tariff plans. EXPLORE: Best New Cryptocurrencies to Invest in 2025 BONK and USELESS: Still the Best Crypto to Buy in a Tired Market? Meme coin BONK lost its key support at $0.0000328 just days ago and dropped over 20% to retest the lower level around $0.000026. But now it’s bouncing, trading near $0.0000287. If it reclaims $0.0000328, bulls might get back in charge. Fundamentally, Bonk’s growing ecosystem gives it an edge: LetBonk, its own launchpad, has outcompeted Pump.Fun in just weeks. Over 80% of graduated meme tokens are now born on Bonk’s launchpad, which means more revenue fees feeding back into BONK itself. Another name bouncing back? USELESS coin. After a 38% dip from its $408 million ATH, it’s back on the radar. The coin — half satire, half meme-fuel — has been embraced by degens looking for the next Fartcoin. And let’s be honest: if Fartcoin hit $2.6 billion, why not USELESS? It’s raw, ironic, and plays directly into the no-utility meme meta. No staking, no claims, just pure community-driven chaos. For some, that’s exactly the point. 34 minutes ago What’s Next for Quant (QNT) Crypto? Down 10% in a Week By Fatima Quant (QNT) crypto is down over 10% in the last seven days. Despite starting the month strong, and going from 103 to over 134. This over 30% pump happened after introducing Quant Fusion, which is the first-ever 2.5-layer. Now this whole move up almost got wiped out, and the coin is currently at 118 with a market cap of over 1.7B. Neutral Technicals: Can They Shift? Read The Full Article Here The post [LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now? appeared first on 99Bitcoins.

The White House has released a 160-page roadmap outlining how it plans to approach crypto regulation going forward. It brings together insights from major agencies like the Treasury, SEC, and CFTC. Officials are calling it the most comprehensive federal policy guide ever created for digital assets, aimed at setting clear rules while still leaving room for innovation. Coordinated Action Replaces Scattered Responses This new roadmap builds on a 2022 executive order but takes things further. Instead of scattered agency responses, it pushes for coordination on key areas like staking, token classification, stablecoin oversight, and DeFi monitoring. The goal is to stop treating crypto like an afterthought and start addressing it with consistent rules. Defining What Crypto Is and How It’s Treated One of the roadmap’s big goals is to bring more clarity to how regulators define crypto assets. It pushes agencies to lay out when tokens are considered securities or commodities, how platforms should register, and what custody providers need to do to stay compliant. The roadmap also puts crypto tax reform on the table, especially for staking and mining activities. Stablecoins are getting special attention under the GENIUS Act, which pushes for a standardized framework across the country. Meanwhile, the administration is holding off on endorsing a U.S. central bank digital currency, saying current regulators have enough authority to handle things for now. Congress is being asked to step in and pass legislation that would lock some of these ideas into law. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Consumer Protection Is a Clear Priority The collapses of major crypto firms over the past two years have clearly influenced this roadmap. Agencies are being told to step up enforcement and go after scams, shady custody practices, and pump-and-dump schemes. The plan also includes education efforts aimed at helping the general public understand the risks of crypto, especially those who aren’t already deep in the space. BitcoinPriceMarket CapBTC$2.35T24h7d30d1yAll time Market Stability and Money Laundering Top the List The report doesn’t gloss over concerns about systemic risk. Stablecoins and DeFi tools that could affect traditional markets are being flagged for tighter oversight. There’s a strong focus on improving how agencies share information and on beefing up anti-money laundering rules. The Justice Department is expected to lead some of the more aggressive enforcement efforts, particularly around things like ransomware and sanctions evasion. Support for Innovation, but With Guardrails Unlike previous approaches that leaned toward restriction, this roadmap leaves space for crypto companies to grow. The administration wants the private sector to continue exploring blockchain use cases, especially those that improve financial infrastructure. While a central bank digital currency is still under review, the overall message is that crypto doesn’t need to be stifled to be safe. DISCOVER: 20+ Next Crypto to Explode in 2025 No Updates on the Federal Crypto Reserve Plan Earlier this year, the White House floated the idea of creating a strategic reserve of Bitcoin and other digital assets. That plan is noticeably absent from this roadmap. There’s no mention of how it would be funded, managed, or integrated into the broader financial system. That leaves a big open question about the government’s long-term ambitions in this space. Congress Still Holds the Keys While regulators can move on some of these proposals immediately, others need Congress to act. That includes the most important pieces like stablecoin laws, asset classification, and possible reforms to exchange registration. A few bills are already in motion, but there’s no clear timeline for when anything might pass. A Pivotal Moment for U.S. Crypto Policy This roadmap is a turning point for crypto regulation. It takes crypto seriously and tries to build a framework where the industry can operate within clear legal boundaries. Whether this actually leads to better rules or just more red tape will depend on how quickly agencies and lawmakers move. Either way, crypto is no longer being treated like a niche issue in Washington. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The White House released a 160-page crypto roadmap with input from the Treasury, SEC, and CFTC, marking the most detailed federal policy effort on digital assets to date. The plan pushes for coordinated regulation across agencies, aiming to clarify token classifications, stablecoin rules, and DeFi oversight. Consumer protection and enforcement are central, with a crackdown on scams, risky custody practices, and stronger public education efforts. Stablecoins and DeFi tools flagged for potential systemic risk, while anti-money laundering efforts and cross-agency coordination are being strengthened. Congress is being asked to pass new laws, especially around stablecoins and asset definitions, while a proposed federal crypto reserve was left out of the roadmap. The post White House Lays Out Detailed Crypto Policy Blueprint appeared first on 99Bitcoins.

Cboe BZX and NYSE Arca are tired of waiting around. The two exchanges have filed proposals asking the SEC to make it easier and faster to list crypto ETFs. If the rule change is approved, they wouldn’t have to submit a separate request for every single product. Instead, a standard framework would handle the listing process for ETFs that meet clear criteria. The SEC crypto ETF approval process has long been slow, often dragging on for months with little clarity. How the Rule Would Work Right now, every new crypto ETF has to go through the same slow process. The exchange files a 19b-4 form, the SEC takes months to review it, and sometimes there’s no clear decision until the very end of the 240-day timeline. The new proposal scraps that cycle for funds that fit within a predefined box, things like asset type, liquidity, and whether there’s proper market surveillance. It’s a way to treat crypto ETFs like gold or other commodity funds, which already follow a faster path to market. Source: Shutterstock More Funds, Less Waiting If this goes through, it could unlock a wave of ETFs based on altcoins like Solana, Avalanche, or even curated crypto baskets. As long as issuers stick to the rulebook, they could launch without running the SEC gauntlet every time. That means less waiting, more variety, and a quicker route from concept to trading floor. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 Keeping Up With the Rest of the System This request isn’t coming out of nowhere. The SEC recently allowed in-kind redemptions for Bitcoin and Ethereum ETFs, meaning traders can settle in crypto instead of cash. That change was a step toward making these funds operate more like traditional financial products. Now the exchanges want the same logic applied to listings. If the backend is evolving, they argue, the front door should too. BitcoinPriceMarket CapBTC$2.35T24h7d30d1yAll time Concerns Over a Two-Tiered System Not everyone’s thrilled. Critics say this could favor Bitcoin and Ethereum while leaving other projects in the cold. There’s a worry that standardized listings might discourage innovation or create barriers for smaller tokens that don’t meet the same liquidity or infrastructure requirements. Some legal experts think the process needs to remain flexible enough to include a wider mix of assets, not just the usual suspects. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What Happens Next The SEC doesn’t have to act quickly. It has up to 240 days to respond, though it could also reject the proposal or send it back with tweaks. In the past, the agency has taken its time, especially on crypto-related matters. But this time there’s talk of a shorter turnaround, maybe 75 days, if the filings follow a predictable format. What’s Driving the Push Exchanges are competing to attract ETF issuers. Nobody wants to be the platform that takes too long or makes the process painful. A faster system would help them pull in more business from asset managers looking to launch crypto funds without months of uncertainty. It’s also a way to keep pace with international markets that are already moving quicker. The Bigger Picture This isn’t just about paperwork. It’s another step in normalizing crypto as part of the financial system. The SEC has been warming up to treating digital assets more like traditional investments. That trend is already visible in the range of crypto ETFs now live, including some tracking newer coins and even meme-inspired products. Why This Matters If the SEC crypto ETF rule is approved, investors may soon see more variety and faster access to new funds. Fund issuers would get a smoother path to market, investors would get more choice, and the overall ETF ecosystem could start looking more like the rest of the finance world. It’s a test of how ready the U.S. is to treat crypto like it belongs on the main stage. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Cboe BZX and NYSE Arca want a faster path for listing crypto ETFs by using a standardized approval process. The new rule would let qualifying funds skip the slow 19b-4 review, cutting wait times from 240 days to as little as 75. The proposal could open the door to altcoin ETFs like Solana and Avalanche, not just Bitcoin and Ethereum. Critics worry this might exclude smaller tokens or create a two-tiered ETF market based on liquidity. If approved, the rule could reshape how crypto ETFs are launched and bring the U.S. closer to mainstream crypto adoption. The post U.S. Exchanges Push SEC to Speed Up Crypto ETF Listing Rules appeared first on 99Bitcoins.

The White House has officially recognized Chainlink (LINK) as an essential component of the digital asset ecosystem. This acknowledgment comes from the recently published Digital Asset Report, which emphasizes the importance of decentralized oracles in the functioning of stablecoins and tokenized assets. Chainlink’s Importance In DeFi Market expert Quinten Francois highlighted this recognition on social media platform X (formerly Twitter), stating, “WHITE HOUSE JUST MENTIONED CHAINLINK.” The report underscores how oracles act as a bridge connecting external data sources to blockchain networks, enabling smart contracts to execute agreements based on real-world events and prices. This functionality is crucial for decentralized applications (dApps) that facilitate a range of financial activities, including trading, lending, and earning rewards. Chainlink’s role becomes even more vital in the context of decentralized finance (DeFi), where dApps often serve as cross-chain bridges, allowing assets to move seamlessly between different blockchain networks. These wrapped assets, which exist on one chain but are represented on another, illustrate the growing complexity and interconnectivity of the blockchain ecosystem. New Era For The US Financial System Sergey Nazarov, co-founder of Chainlink, responded positively to the White House’s endorsement, expressing his appreciation for the administration’s commitment to advancing the blockchain industry. Nazarov noted that Chainlink’s recognition represents a critical moment for both the industry and the broader US financial system. Chainlink’s co-founder further noted: I think the president’s (Trump) clear placing of our industry as a national priority will be seen as a critical and historic moment for our industry and for the United States financial system’s role globally. Nazarov distinguished the report’s focus on oracles, particularly the Cross Chain Interoperability Protocol (CCIP), which according to his assessment highlights the innovative work being done by the Chainlink community to enhance smart contract capabilities. Beyond its focus on Chainlink, the White House report outlines various recommendations aimed at structuring cryptocurrency markets and clarifying the regulatory roles of federal agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). An earlier report by Bitcoinist also notes that the White House encourages Congress to implement laws that embrace decentralized finance technologies, recognizing their potential to reshape traditional finance. Despite the optimism surrounding these developments, some industry leaders had anticipated further details regarding a federal Bitcoin (BTC) reserve, a topic notably absent from the report. During a press briefing, a White House official mentioned that infrastructure for this initiative is currently being developed, with more information expected in the near future. Despite this development, Chainlink’s native token, LINK, remained unfazed, currently trading at $17.80. Currently, the cryptocurrency is trading 66% below its record high of $52. Featured image from DALL-E, chart from TradingView.com

Cardano price started a fresh increase from the $0.7280 zone. ADA is now rising and might attempt a clear move above the $0.80 zone. ADA price started a fresh increase from the $0.7280 support zone. The price is trading below $0.80 and the 100-hourly simple moving average. There was a break above a key bullish trend line with resistance at $0.7710 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.80 zone. Cardano Price Eyes Steady Increase After a sharp decline, Cardano found support near the $0.7280 zone, like Bitcoin and Ethereum. ADA formed a base above the $0.730 zone and started a decent increase. There was a clear move above the $0.7450 and $0.7650 resistance levels. There was a break above a key bullish trend line with resistance at $0.7710 on the hourly chart of the ADA/USD pair. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $0.8557 swing high to the $0.7287 low. Cardano price is now trading below $0.80 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.7920 zone and the 50% Fib retracement level of the downward move from the $0.8557 swing high to the $0.7287 low. The first resistance is near $0.80. The next key resistance might be $0.8080. If there is a close above the $0.8080 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.880 region. Any more gains might call for a move toward $0.920 in the near term. Another Decline In ADA? If Cardano’s price fails to climb above the $0.80 resistance level, it could start another decline. Immediate support on the downside is near the $0.770 level. The next major support is near the $0.7520 level. A downside break below the $0.7520 level could open the doors for a test of $0.7280. The next major support is near the $0.70 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now above the 50 level. Major Support Levels – $0.7520 and $0.7280. Major Resistance Levels – $0.7920 and $0.8000.

As Ethereum turns 10 years old, the crypto community has gathered to celebrate the network that helped shape the industry over the past decade, with anecdotes from industry leaders and bullish predictions for Ether’s (ETH) upcoming price action. Ethereum Hits 10-Year Milestone Ethereum and the crypto community are celebrating the blockchain’s 10th anniversary by highlighting some of the ecosystem’s key events since 2015, like the ICO craze, the non-fungible tokensFT boom, The Merge, and spot exchange-traded funds (ETFs). In an X post, Unchained host Laura Shin listed some of Ethereum’s milestones, including its first spot in client diversity, Total Value Locked (TVL), and the number of ecosystem developers. Shin also emphasized the network’s 100% uptime rate during the last 10 years. One of Ethereum’s developers, Lefteris Karapetsas, commemorated the anniversary by sharing some pictures from July 30, 2015, stating, “We were a small team of hackers in an office in Kreuzberg in Berlin and we had just launched the Ethereum network. The rest is history. Looking back at the last 10 years, I am excited about the next 10 years, the next 25, the next 100.” Meanwhile, Coinbase CEO Brian Armstrong revealed how the US immigration system technically “contributed” to Ethereum’s creation: Fun fact: I met @vitalikbuterin in 2013 at the San Jose Bitcoin conference when he was writing for Bitcoin Magazine (his writing was great). A few months later I invited him to come by Coinbase’s first office in San Francisco for a visit and he showed us some cool stuff on his laptop. Armstrong explained that he tried to hire Vitalik Buterin in 2013, but due to a series of circumstances, including problems obtaining a US work Visa, Buterin was forced to return to Canada. “While he was stuck in Canada, he created Ethereum,” the CEO detailed, “So, in a way, the sub-optimal immigration system in the U.S. contributed to the creation of Ethereum.” Bankless co-founder David Hoffman jokingly replied that “Coinbase almost prevented Ethereum from ever happening.” ETH’s Birthday Fun Delayed? On its birthday, ETH started the day trying to reclaim the $3,800 mark, which some analysts consider the “last major resistance” before new highs. The King of Altcoins has been attempting to successfully break out from this level for over a week, with two failed attempts during this timeframe. At the start of the week, the cryptocurrency briefly surged above this level, hitting a seven-month high of $3,941 on Monday. However, the recent market pullback sent Ethereum back inside its local range. During the Wednesday celebrations, ETH’s price suffered 4% drop to the $3,680 area, fueled by the US Federal Reserve (Fed) announcement of its decision to leave interest rates unchanged. Nonetheless, it quickly recovered from the initial market reaction, which saw liquidations worth $212 million in just 60 minutes. Crypto analyst Ali Martinez affirmed that as long as the $3,300 support zone holds, ETH “could be on track for a move to $4,220 and potentially $5,140, based on the MVRV Pricing Bands.” Similarly, market watcher Merlijn The Trader noted that “liquidity is pulling Ethereum like a magnet. ETH is gravitating toward $4,000, the largest wall of resting orders in months. One clean push… and it detonates.” As of this writing, ETH is trading at $3,760, a 5% increase in the weekly timeframe.

An analyst has pointed out how Pudgy Penguins (PENGU) is showing multiple TA signals that could hint that a rebound may be coming. Pudgy Penguins May Be Gearing Up For A Rebound In a new post on X, analyst Ali Martinez has talked about some signals forming in the hourly price of Pudgy Penguins. Below is the PENGU chart shared by Martinez, highlighting these bullish setups that have appeared recently. First, the Tom Demark (TD) Sequential has flashed a buy signal for PENGU. The TD Sequential is an indicator that’s used for locating points of probable reversal in any asset’s price. It involves two phases: setup and countdown. In the first phase, the setup, candles of the same color are counted up to nine, with the ninth candle marking a potential top or bottom for the asset. The countdown picks up where the setup left and goes on for another thirteen candles, before the price is considered to have arrived at another reversal. The TD Sequential has completed the former type of phase with nine red candles for Pudgy Penguins recently, which indicates that the cryptocurrency may be near or at a bottom. The second signal forming for the coin is the divergence between its price and its Relative Strength Index (RSI). The RSI keeps track of the speed and magnitude of changes occurring in a given asset. From the chart, it’s apparent that the metric fell into the area below 30 earlier. This zone corresponds to oversold conditions. It’s also visible, however, that it has since climbed back out of the region while PENGU has continued to decline. Such a divergence is usually considered to be a bullish signal. Lastly, the cryptocurrency is currently sitting near the support level of a short-term Parallel Channel. This pattern appears whenever an asset’s price consolidates between two parallel trendlines. There are three different types of Parallel Channels, but the version relevant here involves trendlines that are parallel to the time-axis. That is, the variant where the asset consolidates in an exactly sideways manner. The lower line of a Parallel Channel is assumed to be a source of support, while the upper one that of resistance. As such, given that PENGU is sliding down toward the bottom line of the pattern currently, it’s possible that it might find a turnaround. Given all these TA signals, a bullish rebound may be on the cards for the cryptocurrency. “All signs point to liftoff!” notes Martinez. It now remains to be seen how the coin will develop in the coming days. PENGU Price At the time of writing, PENGU is floating around $0.037, down 11% in the last seven days.

XRP price started a downside correction below the $3.120 zone. The price is now attempting a recovery and might aim for a move above the $3.1650 level. XRP price is attempting to start a fresh increase from the $3.00 zone. The price is now trading below $3.180 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.00 zone. XRP Price Eyes Upside Break XRP price started a fresh decline below the $3.20 zone, unlike Bitcoin and Ethereum. The price declined below the $3.120 and $3.080 support levels. The bears even pushed the price below the $3.020 support zone. Finally, the bulls appeared near the $3.00 level. A low was formed at $2.999 and the price is now attempting a recovery wave. There was a move above the $3.050 and $3.080 levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $3.330 swing high to the $2.999 low. The price is now trading below $3.150 and the 100-hourly Simple Moving Average. There is also a bearish trend line forming with resistance at $3.150 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.150 level. The first major resistance is near the $3.1650 level. A clear move above the $3.1650 resistance might send the price toward the $3.20 resistance. Any more gains might send the price toward the $3.250 resistance or even $3.30 in the near term. The next major hurdle for the bulls might be near the $3.350 zone. Another Drop? If XRP fails to clear the $3.1650 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level. The next major support is near the $3.00 level. If there is a downside break and a close below the $3.00 level, the price might continue to decline toward the $2.920 support. The next major support sits near the $2.850 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.080 and $3.00. Major Resistance Levels – $3.1650 and $3.20.

Ethereum price found support near the $3,680 zone. ETH is now rising and might soon aim for a move toward the $4,000 zone. Ethereum started a fresh increase above the $3,740 and $3,800 levels. The price is trading above $3,820 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,810 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,800 zone in the near term. Ethereum Price Eyes Fresh Gains Ethereum price started a downside correction from the $3,940 level, like Bitcoin. ETH price declined below the $3,900 and $3,800 support levels. The bears even pushed the price below the 50% Fib retracement level of the upward move from the $3,515 swing low to the $3,940 high. Finally, the price spiked below $3,700 and the 100-hourly Simple Moving Average. It tested the $3,680 support zone. The bulls protected the 61.8% Fib retracement level of the upward move from the $3,515 swing low to the $3,940 high. The price is again rising above the $3,750 level. There was a break above a bearish trend line with resistance at $3,810 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,820 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,880 level. The next key resistance is near the $3,920 level. The first major resistance is near the $3,940 level. A clear move above the $3,940 resistance might send the price toward the $3,980 resistance. An upside break above the $3,980 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,050 resistance zone or even $4,120 in the near term. Another Drop In ETH? If Ethereum fails to clear the $3,880 resistance, it could start a downside correction. Initial support on the downside is near the $3,800 level. The first major support sits near the $3,720 zone. A clear move below the $3,720 support might push the price toward the $3,680 support. Any more losses might send the price toward the $3,565 support level in the near term. The next key support sits at $3,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,800 Major Resistance Level – $3,880

A new wave of buzz has hit the XRP community after an expert shared a teasing message on Twitter. Crypto analyst Armando Pantoja, a member of the Benzinga Crypto Advisory Board, said he just got off a call with contacts in Washington, D.C. and hinted that XRP is “about to explode.” He couldn’t give details, but he left a clear sign that something big might be on the way. His words “Big Move Incoming” and the tip that holders of at least 1,000 XRP are already ahead of the curve have pushed traders to watch the token more closely. How 1,000 XRP Stands Out According to data from the XRP Rich List, there are about 6.8 million XRP wallets in existence. Close to 6 million of those are retail wallets holding fewer than 1,000 XRP. Only 10% of wallets hold more than 2,438 XRP. Those numbers suggest that owning at least 1,000 coins puts you well above the average holder. Based on analysis, even 3,300 XRP—worth around $9,000 at today’s prices—could place an investor among the top tier of XRP owners. Insider Teases Big Move According to Pantoja’s tweet, the timing of the coming news might be tight. He didn’t spell out when his contacts expect the “explode” moment. At the time of writing, XRP was trading at about $3.14. That makes a 1,000‑token stack cost near $3,000. If Pantoja’s hint proves accurate, early buyers could see strong gains. But the lack of specifics means it’s hard to know whether he’s talking about new rules from US regulators, an institutional deal, or just fueling excitement. Varied Expert Price Targets Some believe XRP could rally more than 300x to exceed $1,000 per token. And some analysts even suggested that price could hit that level as early as next year. For instance, analyst Jake Claver of Digital Ascension Group estimated that 6,000 XRP would generate $300,000 in annual income at a $1,000 price, enough for a comfortable US lifestyle in many areas. On the other hand, other market observers have urged investors to aim for 40,000 or 50k XRP—currently worth over $150,000—while planning for more moderate price goals. Those forecasts differ widely, reflecting both hope and caution in the community. What’s Next For XRP? In the end, Pantoja’s tip and the on‑chain figures give retail holders reason to pay attention. But without clear details from his D.C. contacts, it’s hard to say if this is a signal to buy more or simply another wave of hype. Investors thinking of adding to their stacks should set clear goals, watch their risk, and have a plan in case the “Big Move” never lands. Whether you hold 1,000 XRP or 50,000 XRP, now might be the time to rethink your strategy—and stay ready for whatever comes next. Featured image from Meta, chart from TradingView

Bitcoin (BTC) remains within a tight trading range following a recent pullback from its all-time high. At the time of writing, the world’s largest cryptocurrency is priced at $118,570, reflecting a 0.3% increase over the past 24 hours. Recent analysis shared on CryptoQuant’s QuickTake platform by market contributor ShayanMarkets highlights a noticeable change in Bitcoin’s futures market activity. According to the analyst, while previous price surges in the $70,000–$90,000 range were marked by significant speculative pressure and leverage buildup, the current trend shows signs of cooling despite elevated price levels. This shift could play a key role in determining Bitcoin’s trajectory in the coming weeks. Bitcoin Futures Market Shows Signs of Normalization ShayanMarkets explained that during past rallies, the futures market displayed what he called “heating and overheating phases,” often visible in red clusters on the volume bubble map. These periods typically led to corrections or temporary price consolidations as leveraged positions unwound. However, the current data reflects a different setup. Despite Bitcoin remaining near record highs, futures market activity has transitioned to neutral and cooling phases, shown by grey and green bubbles on the chart. The analyst noted that this cooling phase could be a sign of de-risking among traders, as speculative activity eases while spot demand supports the price. In a statement on QuickTake, ShayanMarkets said: This reset in leverage, despite BTC staying above $100K, signals healthier market conditions as demand shifts toward organic buying rather than high-risk speculative bets. The analyst added that if the reduced speculative pressure continues, it could provide the foundation for another significant price increase, potentially setting Bitcoin up to break past its previous all-time high above $123K. Long-Term Whales Take Profits Amid Price Stability Meanwhile, another analysis from CryptoQuant contributor CoinCare revealed selling activity from long-term Bitcoin holders, often referred to as “whales,” who have maintained their positions for over a decade. According to CoinCare, some of these holders, including those who first accumulated Bitcoin around 2013, have started to liquidate a portion of their holdings. This selling activity aligns with the historical timeline of Bitcoin’s sharp rise from under $100 to roughly $1,000 during that period, representing a potential 117,900% return for early adopters. Such profit-taking from early investors is not unusual during periods of elevated prices and does not necessarily indicate a shift in long-term market sentiment. Historically, whale activity has influenced short-term volatility but has also contributed to market redistribution, allowing newer participants to enter the market. Featured image created with DALL-E, Chart from TradingView

Bitcoin price is still above the $117,500 support zone. BTC is rising and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a decent upward move from the $116,000 zone. The price is trading near $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,620 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,620 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started a downside correction from the $119,796 high. BTC declined below the $119,000 and $118,500 support levels to enter a short-term bearish zone. The bears pushed the price below the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The decline gained pace and the price even spiked toward the $116,000 support zone where the bulls appeared. They protected the 76.4% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The price is again rising above $118,000. Bitcoin is now trading near $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,620 level. There is also a bearish trend line forming with resistance at $118,620 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,200 level. The next resistance could be $119,800. A close above the $119,800 resistance might send the price further higher. In the stated case, the price could rise and test the $120,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Decline In BTC? If Bitcoin fails to rise above the $118,620 resistance zone, it could start another decline. Immediate support is near the $117,500 level. The first major support is near the $116,250 level. The next support is now near the $116,000 zone. Any more losses might send the price toward the $114,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $117,500, followed by $116,250. Major Resistance Levels – $118,620 and $119,800.

The Bank of Japan (BoJ) will conclude its monetary policy today at 11.00 (SGT) and release its latest quarterly outlook report. It is widely expected that the BoJ will maintain its key short-term interest rate unchanged at 0.5%, its highest level since 2008, for the fourth consecutive meeting due to uncertainties on the impact of US trade tariffs. Also, BoJ is likely to revise its inflation outlook higher for this fiscal year 2025 in its quarterly outlook report to 2.5% from 2.5% due to the secondary effects from US tariffs, while maintaining its inflation forecast unchanged at 1.7% for FY 2026, and 1.9% for FY 2027, according to consensus estimates. Hence, the BoJ may continue to signal that an interest rate hike of 25 basis points is still “live” before 2025 ends, which in turn is likely to put a floor under recent weakness seen in the Japanese yen. Let’s now focus our attention on a short to medium-term technical trading set-up on the AUD/JPY cross pair. Fig 1: AUD/JPY medium-term trend as of 31 July 2025 (Source: TradingView) Preferred trend bias (1-3 weeks) Bearish bias with key medium-term pivotal resistance at 97.30 and a break below 95.70 exposes the next medium-term supports at 94.80 (also the 50-day moving average) and 93.95. Key elements The appearance of a bearish “Double Top” configuration right below the former long-term secular ascending channel support from March 2020 suggests that the recent medium-term uptrend phase of the AUD/JPY from 9 April 2025 low is likely to have ended.The 4-hour MACD trend indicator has trended lower below its centreline, and it is now breaking below a key parallel ascending support in place since 22 May 2025. The observations suggest a medium-term uptrend termination on the AUD/JPY.The yield premium between the 2-year Australian government bond over the 2-year Japanese government bond has continued to shrink since 16 July 2025 which may put further downside pressure on the AUD/JPY.Alternative trend bias (1 to 3 weeks) A clearance above 97.30 shifts the focus back to the bulls on the AUD/JPY for the next resistance at 98.70 in the first step. 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.

Following another rejection at the $120,000 level, Bitcoin (BTC) is beginning to show signs of cooling off – potentially setting the stage for another rally in the second half of the year. Some analysts now predict that BTC’s next top could approach $150,000. Bitcoin’s Current Overheating Phase Short-Lived According to a CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin is currently entering a cooling-off period after a short-term overheating phase. The warning signs are most evident in the cohort of BTC held for one day to one week. Crypto Dan shared the following chart showing that this short-term holding cohort is now recording successively lower spikes, suggesting that overheated market conditions are easing. The analyst compared the current environment to previous overheating phases seen between March-October 2024 and January-April 2025. In both instances, the overheating lasted longer and was more intense (shown in red boxes). In contrast, the current overheating conditions (shown in yellow box) show shorter extent and duration compared to the aforementioned two instances. The analyst added: Also, since the recent price increase was relatively modest, we may see a milder and shorter correction in the short term. However, it’s important to remain patient and look forward to a potential uptrend in the second half of 2025. The increase in BTC’s price during the latest rally saw the digital asset surge from around $108,000 on July 1 to a new all-time high (ATH) of $123,128 on July 13, before stabilizing around the $117,500 mark at the time of writing. Is BTC Preparing For Its Next Big Move? As Bitcoin consolidates, several analysts suggest the top cryptocurrency may be gearing up for a major move – likely to the upside. Veteran crypto analyst Titan of Crypto noted that Bitcoin is currently “in a pressure cooker.” Titan of Crypto shared the following chart, highlighting that Bollinger Bands are tightening while volatility is shrinking. At the same time, the Relative Strength Index (RSI) is compressing – often a precursor to a breakout. Fellow analyst Ali Martinez added that BTC’s next top could reach $149,679, based on the Cumulative Value Days Destroyed (CVD) metric. For context, the CVD metric measures whether buyers or sellers are dominating trading volume over time. That said, some warning signs linger. Recently, Bitcoin exchange reserves reached a one-month high, suggesting that some holders may be preparing to sell – potentially putting pressure on the current bullish trend. At press time, BTC trades at $117,546, down 0.4% in the past 24 hours.

Bitcoin (BTC) continues to trade within a narrow price range, showing limited upward movement over the past week. At the time of writing, the leading cryptocurrency is priced around $117,719, representing a 1% decline in the past 24 hours and a 4.2% drop from its recent all-time high above $123,000. Amid this price performance, a recent analysis shared on CryptoQuant’s QuickTake platform by contributor BorisVest sheds light on possible underlying market dynamics influencing Bitcoin’s current state. According to the analyst, data from Binance futures suggests that despite muted volatility, certain trading patterns could be shaping BTC’s near-term direction. These observations have prompted discussions about whether market makers are deliberately maintaining a controlled range before a significant price move occurs. Binance Data Suggests Strategic Positioning BorisVest highlighted that Open Interest on Binance has remained steady between $13 billion and $14 billion over the past 20 days. This stability indicates that while new positions are not rapidly increasing, existing trades are being actively maintained. “Such behavior in a range environment often signals silent accumulation or strategic stalling,” the analyst wrote, suggesting that larger players may be carefully managing exposure during this consolidation phase. The Taker Buy/Sell Ratio, currently at 0.9, points to increased selling pressure from market takers. However, Bitcoin’s price has not experienced a sharp decline despite this activity, indicating that passive buyers are absorbing the sell orders. BorisVest added that the Funding Rate, hovering around 0.01, reflects a lack of aggressive leverage from either long or short positions. This could mean that institutional or high-volume traders are building positions gradually, avoiding extremes that typically lead to rapid price swings. Bitcoin Possible Downside Shakeout Before a Breakout The analysis also examined Cumulative Volume Delta (CVD) data on Binance, which shows persistent selling in futures markets. Yet, despite ongoing sell-side activity, Bitcoin continues to resist significant downward movement. According to BorisVest, this could set the stage for a potential liquidity-driven shakeout. He suggested that BTC might temporarily dip toward $110,000 to clear out weak long positions and attract additional short interest. This could pave the way for a stronger, more sustainable breakout in the future. While these metrics do not guarantee an imminent breakout or breakdown, they point to a fragile equilibrium in Bitcoin’s market structure. Historically, prolonged consolidation phases in BTC have often preceded sharp moves in either direction. Featured image created with DALL-E, Chart from TradingView

American Tungsten (CSE:TUNG) (OTCQB:DEMRF) is planning to rehabilitate the historic Ima mine in Patterson, Idaho and expand its drilling program. On Wednesday the company said it has secured preliminary approval for its site remediation plan, which focuses on restoring the existing infrastructure to support future production goals. In May, the company kicked off construction and building work to support exploration and mine planning at the Ima project. Tungsten is crucial for defense, industrial and technology applications, but production in the US ceased in 2015, when it was no longer commercially viable due to low prices and competition from China. China dominates global tungsten production, accounting for over 80% of last year’s total output of 81,000 tons, according to the USGS. Ima is a past-producing underground tungsten mine situated on 22 patented claims located in east central Idaho. Between 1945 and 1957, the property produced approximately 199,449 metric ton units of tungsten trioxide (WO3). It was subsequently explored for molybdenum and tungsten by various operators between 1960 and 2008. “As global demand for secure critical metals intensifies, American Tungsten continues to build strategic momentum, reinforcing its role as a cornerstone of North America’s tungsten supply chain,” CEO Ali Haji said in a news release. “The company’s dual approach—revitalizing a historically rich asset while defining a maiden resource, positions American Tungsten at the forefront of sustainable resource advancement,” Haji said.

On July 29, 2025, OMNI (Omni Network) stunned the crypto market with a spectacular 200% price surge, triggered by its listing on Upbit, South Korea’s largest cryptocurrency exchange. This move opened the token to a highly speculative investor base, resulting in a trading volume explosion of over $900 million in just 24 hours. In a recent tweet, Renowned trader Michaël van de Poppe (@CryptoMichNL) highlighted OMNI’s performance, revealing that his altcoin portfolio jumped from $35,000 to $60,000, driven by timely trades and strategic exposure to OMNI. Despite ongoing corrections in major tokens like BTC and ETH, OMNI’s rally shows how altcoins can thrive in selective pockets of market volatility. Why OMNI is Gaining Attention Beyond the Hype OMNI’s breakout is fueled by a combination of factors. The Upbit listing attracted significant retail demand, while Binance Wallet’s 11% APY staking incentive encouraged long-term holding. Fewer circulating tokens created scarcity, driving the price up rapidly. Beyond speculation, OMNI’s integration with platforms like Aarna AI and PaintSwap strengthens its real-world utility in DeFi and crypto payroll solutions. These use cases provide substance to the rally, suggesting OMNI could sustain interest if development continues. Is Another OMNI Rally in the Cards? With OMNI trading at $5.40 and showing a 234% gain in July, traders are eyeing a potential continuation. However, resistance near $7.08 could be a critical level. Analysts urge caution: speculative pumps can reverse sharply. Still, the token’s performance serves as a case study in how listings, staking, and use cases can align for explosive returns. Traders seeking similar opportunities should track volume spikes, on-chain wallet activity, and BTC dominance shifts to identify the next breakout. In a market full of uncertainty, this crypto’s rally offers both inspiration and a reminder of the risks that come with chasing high-flying altcoins. Cover image from Unsplash, chart from Tradingview

A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Glassnode has discussed the Short-Term Holder (STH) Cost Basis and some pricing bands derived from it. This indicator measures, as its name suggests, the cost basis or acquisition level of the average investor part of the STH cohort. Formally, STHs are defined as investors who have been holding their coins for less than 155 days. This group is made up of the new entrants in the network and high-frequency traders. In other words, it represents the low-conviction side of the market. A cohort called the long-term holder (LTH) group (holding time greater than 155 days) corresponds to BTC’s HODLers. When the price of the cryptocurrency is trading above the STH Cost Basis, it means the STH cohort as a whole is in a state of net unrealized profit. On the other hand, the asset’s value being under the metric suggests the dominance of loss among the cohort. Historically, the STH Cost Basis has served as an important boundary between local bullish and bearish trends. Below is the chart shared by the analytics firm that shows which side of it the asset is trading right now. As displayed in the graph, the Bitcoin price broke through the STH Cost Basis earlier in the year and has since gained a notable amount of distance over it. At the current metric value of $105,400 and the latest BTC price, the STHs are sitting on a net gain of 11.5%. “To add statistical context, we can apply standard deviation bands around the STH cost basis,” explains the report. “These dynamic price zones help identify areas of trend exhaustion or breakout potential.” From the chart, it’s visible that BTC has found resistance at the +1 standard deviation (SD) band multiple times this cycle, with two rejections coming in the bullish push of the last few months alone. At present, this level lies at $125,100. “From a broader perspective, this suggests that Bitcoin may remain range-bound between $105K and $125K until a decisive breakout occurs,” notes Glassnode. What will happen once a breakout does occur? According to the analytics firm, the +2 SD level situated at $141,600 could become the next major area of resistance instead. At this level, STH profits would have ballooned significantly, raising the chances of mass selling occurring with the motive of profit-taking. BTC Price Bitcoin has continued to consolidate inside its range recently as its price is still trading around $117,600.

The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 in the near term—but only if the support level remains intact. XRP Price To Pump 44% If Support Holds Despite experiencing a pullback these past few days, the XRP price continues to show strong bullish momentum as it aims for new highs. In a recent analysis on X social media, crypto market expert Javon Marks forecasted that XRP may be on the brink of a significant price breakout. According to his price chart, the cryptocurrency is trading significantly above $2.47, a level that has been confirmed as a key support zone. Marks’ chart shows that this support level was previously a resistance and now serves as a foundation for the next potential leg higher. The expert’s analysis indicates that as long as XRP continues to hold above the support level, the next upward target remains firmly set at $4.804. This level represents a 44% price increase from its current price of $3.12. Notably, the technical setup presented by the analyst includes a consistent trend of higher lows, reinforcing the potential for a larger breakout to unfold. Mark’s chart also outlines an extended target beyond $4.804. If XRP manages to reach and break above this initial level, the analyst projects a potential surge toward $7.138, reflecting an impressive 128.7% increase from current prices. Notably, a possible move above $4 would already mark a new all-time high for the third-largest cryptocurrency—but breaking past $7 would represent a historic rally, indicating a strong continuation of the current bullish sequence. XRP Teeters At $3 After Rejection From Resistance XRP is currently at a critical turning point as price action rejected sharply from the $3.66 resistance level, sliding nearly 11% to test the $3.00 support zone. Based on a technical analysis by crypto expert Gael Gallot, this rejection follows a breakout attempt from a long-form symmetrical triangle stretching back to February. XRP’s daily chart shows its price forming a large ascending triangle pattern, though the recent rejection at the top of the trendline hints at an incoming upward move. Notably, Gallot predicts that a confirmed breakout and retest above $3.3 could ignite the next leg up, with XRP possibly revisiting the $3.66 zone and beyond. The analyst calls this phase a “Pullback or Setup,” highlighting a mix of signals, including a sharp 44% decline in active XRP wallets as whales accumulate over 280 million tokens even as Ripple co-founder Chris Larsen reportedly moved 50 million XRP. Short-term sentiment also appears mixed, with US traders staying cautious while Asian markets show signs of steady accumulation.

The Federal Reserve held its key interest rate steady today at 4.25-4.50% for the fifth meeting in a row. What wasn’t expected were dissents from two Fed Board Governors, which hasn’t happened in over 30 years. Fed policymakers typically try to show a united front for its monetary policy decisions. Yet, heightened uncertainty over the impact of protectionist trade policies on our economy is beginning to divide them. Today’s meeting was the first time since 1993 that more than one Board Governor voted against the policy decision. Fed Board Governors Michelle Bowman and Christopher Waller voiced support for an interest rate cut. Why is the central bank holding back on lowering interest rates? The Fed repeated today that uncertainty about the economic outlook “remains elevated” and that it is appropriate to hold interest rates at current levels since inflation remains above target. In his press conference after the meeting, Fed Chair Jerome Powell said that keeping rates on hold was “appropriate to guard against inflation risks” as the tariff impact begins to appear in rising consumer prices. Some economists say that it takes time for the impact of protectionist policies to work their way through supply chains and onto store shelves. The Fed has stated it wants to continue to monitor the data in the weeks ahead. There was little reaction to the Fed news, with stocks trading marginally higher and gold trading slightly lower in afternoon trading. Gold has settled into a quiet, sideways holding pattern in recent months, after climbing to a record high above $3,400 back in April. Strong central bank buying, uncertainty over the economic impact from shifts to the global trading order, still-high inflation, and wars on several fronts drove safe-haven demand for the metal. What’s Next for Gold? Demand for gold remains strong. Central banks continue to diversify away from the U.S. dollar and are increasing their allocation to physical gold. In May, the latest data available, central banks bought 20 tonnes of gold, up from 11 tonnes in April, according to the World Gold Council. And, according to a recent HSBC survey, affluent investors have doubled their allocation to gold from 4%-11%. Finally, Fidelity has released a new forecast, echoing Goldman Sachs, that projects gold will reach $4,000 an ounce. Gold is expected to break out of its holding pattern and climb to new record levels. The orderly and quiet summer markets create opportune buying periods for long-term investors who want to increase their wealth protection through a bigger allocation to physical gold. The Fed next meets on September 16-17 and all eyes will remain on the central bank for its next moves. Don’t wait until then to make your next gold move. Consider buying more gold today, while prices are still low. Photo by Joshua Woroniecki on Unsplash The post Fed Policymakers Reveal Cracks in Consensus appeared first on Blanchard and Company.

The Federal Reserve held its key interest rate steady today at 4.25-4.50% for the fifth meeting in a row. What wasn’t expected were dissents from two Fed Board Governors, which hasn’t happened in over 30 years. Fed policymakers typically try to show a united front for its monetary policy decisions. Yet, heightened uncertainty over the impact of protectionist trade policies on our economy is beginning to divide them. Today’s meeting was the first time since 1993 that more than one Board Governor voted against the policy decision. Fed Board Governors Michelle Bowman and Christopher Waller voiced support for an interest rate cut. Why is the central bank holding back on lowering interest rates? The Fed repeated today that uncertainty about the economic outlook “remains elevated” and that it is appropriate to hold interest rates at current levels since inflation remains above target. In his press conference after the meeting, Fed Chair Jerome Powell said that keeping rates on hold was “appropriate to guard against inflation risks” as the tariff impact begins to appear in rising consumer prices. Some economists say that it takes time for the impact of protectionist policies to work their way through supply chains and onto store shelves. The Fed has stated it wants to continue to monitor the data in the weeks ahead. There was little reaction to the Fed news, with stocks trading marginally higher and gold trading slightly lower in afternoon trading. Gold has settled into a quiet, sideways holding pattern in recent months, after climbing to a record high above $3,400 back in April. Strong central bank buying, uncertainty over the economic impact from shifts to the global trading order, still-high inflation, and wars on several fronts drove safe-haven demand for the metal. What’s Next for Gold? Demand for gold remains strong. Central banks continue to diversify away from the U.S. dollar and are increasing their allocation to physical gold. In May, the latest data available, central banks bought 20 tonnes of gold, up from 11 tonnes in April, according to the World Gold Council. And, according to a recent HSBC survey, affluent investors have doubled their allocation to gold from 4%-11%. Finally, Fidelity has released a new forecast, echoing Goldman Sachs, that projects gold will reach $4,000 an ounce. Gold is expected to break out of its holding pattern and climb to new record levels. The orderly and quiet summer markets create opportune buying periods for long-term investors who want to increase their wealth protection through a bigger allocation to physical gold. The Fed next meets on September 16-17 and all eyes will remain on the central bank for its next moves. Don’t wait until then to make your next gold move. Consider buying more gold today, while prices are still low. Photo by Joshua Woroniecki on Unsplash The post Fed Policymakers Reveal Cracks in Consensus appeared first on Blanchard and Company.

Global Uranium and Enrichment’s (ASX: GUE) estimate for the Maybell project in Colorado makes it the second largest initial hard rock uranium resource in the Southwest United States and in a historic mining district for the nuclear metal. The JORC resource outlines 3.2 million inferred tonnes grading 849 parts per million (ppm) uranium oxide (U3O8) for about 6 million lb. U3O8, Global reported Wednesday. “[The resource] confirms that the Maybell Uranium project remains a substantial uranium district in the United States,” managing director Andrew Ferrier said in a release. “These results not only validate our exploration target but also highlight the significant potential to substantially increase upon this maiden resource.” The Maybell resource comes as various tailwinds continue to push the uranium sector in the US, including government support for nuclear energy and uranium mining, increasing demand for nuclear from industry, and rising production from domestic producers. Global’s resource is based on a 25-hole, 3,200-meter drill program done last year. It confirms high-grade mineralization in the sands of the productive Browns Park Formation. The district before yielded about 5.3 million lb. U3O8 at an average grade of 1,300 ppm. Global Uranium’s exploration target at Maybell ranges between 4.3 million lb. and 13.3 million lb. U3O8, at grades between 587 ppm and 1,137 ppm, derived from a historic database of more than 3,000 drill holes. Company shares closed A$0.01 or 1.43% lower in Sydney on Wednesday, giving it a market capitalization of A$31.4 million. Hard rock peers Maybell stands out as the second-largest initial uranium resource in the Southwest, behind Energy Fuels’ (TSX: EFR; NYSE-A: UUUU) Bullfrog project in Utah, which hosts 10.5 million lb. U3O8. and above that company’s La Sal complex with 4.2 million lb. U3O8. By grade, Maybell is in third place, behind Pinyon Plain with 8,100 U3O8 ppm and Bullfrog with 3,700 ppm U3O8, but above La Sal with 400 ppm U3O8. Maybell is also the first initial uranium resource in Colorado this year, one of the few JORC-compliant uranium resources in the Southwest and among the latest initial uranium resources in the region in the past few years. Global Uranium also holds other North American uranium assets, notably its Tallahassee project, which hosts a JORC resource of 44.8 million tonnes at 530 ppm U3O8 for 52.2 million lb. U3O8, enhancing the company’s scale and strategic diversification.

Log in to today's North American session recap for July 30, 2025. Today's session was so full of action it is almost forgettable that Markets received reports for both Quarterly GDP figures and Private ADP Employment data. With both beating expectations, the US Dollar got launched early in the NA session into its first daily buying wave. US data from this morning, left = actual release ; middle = consensu ; right = previous, MarketPulse Economic Calendar But Markets also saw promptly after the Bank of Canada Rate Decision, rates unchanged with markets not getting anything new from the 10:30 Macklem Speech. European GDP data also came in stronger-than-expected but this hasn't stopped the Euro from getting battered, down another 1% against the US Dollar (Trading ~1.1426 – Past week highs were around 1.18) The Federal Reserve holding their rates unchanged is also supporting the run higher in the Dollar – You can check out our news piece on the event. Markets just received the news of Microsoft and Meta beating on their Earnings, sending Nasdaq Futures and CFDs flying right after the close. The US and Brazil also saw another round of heated exchanges regarding the upcoming tariffs. Brazil will potentially cancel Oil shipments to the US and Trump throws another 40% extra tariff to goods arriving from Brazil. Oil moved higher consequently, up another 1.50% today. Read More: US Dollar back on top — North American Mid-Week Market UpdateDaily Cross-Asset performance Cross-Asset Daily Performance, July 30, 2025 – Source: TradingView Metals are largely the losers of the session, with Copper notably down 19.50% on the session Stocks were also looking pretty bad in the beginning before getting lifted from the Earnings – Check out Nasdaq and Ether's reaction right around 16:00 today. A picture of today's performance for major currencies Currency Performance, July 30 – Source: OANDA Labs Another crazy day for the US Dollar – The DXY is now close to the 100.00 mark right atfer trading closer to 97.50 at the beginning of the week. European currencies are not liking it. Earnings Season: Who is releasing their numbers tomorrow Earnings Calendar for July 31st – Source: Nasdaq.com Don't forget the Microsoft and Meta earnings releasing right after the close! Tomorrow will also be huge with the Amazon and Apple A look at Economic Data releasing in tomorrow's session For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (Only High-tier data are displayed) The Calendar for tonight's and tomorrow's sessions is filled, so don't expect volatility to come down anytime soon. I invite you to take a look at the events directly on the MarketPulse Economic Calendar – but in short, expect Trade data from Australia and Japan, PMIs from China, GDP from Canada and German CPI. And also don't forget tonight's Bank of Japan decision, releasing anytime between 19:00 to 20:00. 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.

Copper prices collapsed by 20% on Wednesday afternoon after US President Donald Trump excluded the most widely imported form of copper from his planned import tariffs. In its statement, the White House confirmed that the 50% import tariff will only apply to semi-finished products such as copper pipes, wires, rods, sheets and tubes, and to copper-intensive goods like pipe fittings, cables, connectors and electrical components. Copper futures collapsed following the tariff announcement. The most actively traded COMEX copper futures fell by 19.6% to $4.5235/lb. as of 4:15 p.m. ET, the lowest since early May, following the announcement. Prior to that, US copper prices had been trading as high as 28% above the benchmark futures in London, as traders anticipated the tariff would be applied to all refined metal imports. The decision is the latest surprise from Trump to upend the copper market. When the US president first launched a probe into copper tariffs earlier this year, US copper prices skyrocketed relative to the rest of the world and set off a race to ship the metal into US borders to beat the tariffs. Then earlier this month, he triggered another surge in the US copper market with an announcement that the tariff would be 50% — twice what most market participants had been expecting — which sent prices to a new all-time high. Analysts say the move to exclude refined copper — known as cathodes — from the tariffs is likely to further roil global trade flows of the metal. The massive volumes of copper that have been shipped to the US in recent months created a huge stockpile that now may be re-exported. “If cathode is excluded, the arb is over,” said Michael Haigh, head of FIC and Commodity Research at Societe Generale. The market “should approach parity again.” The move to differentiate between refined metal and semi-processed products in the tariff policy follows lobbying from the copper industry, with some key players arguing that the US did not have sufficient capacity to replace all of its copper imports immediately. The copper levies will also not stack on top of separate charges on automobile imports, which Trump put in place earlier this year, according to the White House. (With files from Bloomberg)