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Don’t compound a trading mistake, live to trade another day! Forex Trading Pro Tip: How to Handle a Trading Mistake Every forex trader, no matter how experienced, will eventually make a trading mistake. The real question isn’t if you’ll make one but how you react afterward. In today’s fast-paced world of electronic trading, errors happen more often than in the old days of trading. Understanding how to handle these mistakes can protect your trading account and preserve your long-term success. From Bank Dealing Rooms to Electronic Trading Years ago, when trades were executed by phone in busy New York dealing rooms, mistakes were rare. Traders communicated directly with their counterparts at UK or European banks by phone, and hundreds and thousands of trades per day would go through with minimal errors. Today, with electronic platforms, things are different. We’ve all heard of sudden market moves caused by a “fat finger trade.” What Is a Fat Finger Trade? A fat finger trade occurs when a trader enters incorrect information into a trading platform, often by pressing the wrong key or mispricing an order. This can result I entering the wrong position size (e.g., 1 million instead of 100,000) or buying instead of selling. Buying instead of selling Trading the wrong currency pair These errors can cost traders dearly, especially if not corrected quickly. If you mistakenly make a trade on your forex platform, act quickly. Here are some guidelines you should follow Close the Trade Immediately (preferred way) If you realize you’ve placed a mistaken trade and the market is still open, the best first step is simple: close the position right away. Many retail traders hesitate, hoping the trade will turn in their favor. But hope is not a trading strategy. If the trade was never part of your plan, it should not remain open. :If you are reluctant to close the trade immediately Do a quick analysis and ask yourself whether all things being equal would you put on that trade if you were flat (i.e. had no position).?. If the answer is yes, then use whatever system or strategy to use to place a stop loss and take profit. Pro Tip: If you feel reluctant to close, ask yourself: “Would I open this trade right now if I had no position?” If the answer is no, close it without hesitation. Don’t double down on a loser No matter what you decide, DO NOT double up a loser if the position is underwater when you recognize there is an error and you hope to average the position in the HOPE to get back to breakeven. Pro Tip: Never chase losses Accept that mistakes happen How to Evaluate a Trading Mistake After you’ve closed the trade, take a moment to evaluate what went wrong. Ask yourself: Did I advertently trade, not realizing I had a position open until after the fact? Did I enter the wrong currency pair? Was the position size incorrect (fat finger trade)? Did I buy instead of sell, or vice versa? Answering these questions honestly will help you prevent similar mistakes in the future. Learn from Your Mistakes and Use Safeguards Losses, whether caused by strategy, emotion, or human error are part of trading. The key is to learn from them and set up safeguards: Double-check orders before execution Use confirmation windows and make them visible on your platform Set maximum trade sizes to avoid fat finger errors Avoid one click trading executions if mistakes persist Take Your Lumps and Move On The forex market is filled with stories of traders who blew up their accounts by holding on to mistake positions, hoping things would turn around. Don’t join that list. The golden rule is simple:Take your lumps, close mistake trades quickly, and live to trade another day. By following these steps, you’ll transform trading mistakes into valuable lessons instead of costly disasters. Take a FREE Trial of The Amazing Trader – Click HERE Forex Trading Pro Tip: How to Handle a Trading Mistake The post Forex Trading Pro Tip: How to Handle a Trading Mistake appeared first on Forex Trading Forum.

A tentative calm settled over global markets on Monday as Washington and Beijing agreed to push their tariff truce out by another 90 days. The news was a welcome relief, at least in the crypto front, as Bitcoin traders set their sights on the next target: $120,000 Talks resume in Stockholm, with both sides saying they won’t slap on new duties during that window. It’s a relief for companies reeling from duties on more than $700 billion in goods since 2018. Third Round Talks Underway According to reports, negotiators will build on meetings in Geneva and London. They plan to tackle old fights over tech rules, digital services and forced transfers of know‑how. Business leaders have already paused major moves, waiting to see if the break holds. A fresh round of face‑to‑face diplomacy seems meant to avoid sudden shocks to farms, factories and supply chains. Early signals from Beijing suggest a willingness to talk, even as economic growth slows at home. In the last trade round, tariffs jumped to highs of 25% on key items like semiconductors and soybeans. Now both sides seem to be testing whether a temporary stop can become a stepping stone to deeper fixes. China Raises Fentanyl Tariff Issue A new wrinkle in the discussions involves fentanyl‑related chemicals. Based on reports, China wants US President Donald Trump’s administration to lift duties on certain precursors used in opioid production. Beijing argues that those taxes are making it harder to track illegal shipments, even as overdose deaths surge in the US. American officials have blamed Chinese suppliers for feeding a crisis that kills tens of thousands each year. In retaliation, Washington hit chemical imports with extra levies. Now China is pushing for a shift toward sharing lab data and law‑enforcement tips instead of sticking with punitive charges. Washington faces a tricky choice. Domestic pressure is intense, with voters demanding tough action on both drugs and trade ahead of a high‑stakes election. Bitcoin Up As Businesses And Markets On Edge Markets reacted quietly at first. Stocks held near flat lines, while traders eyed the pause as a temporary balm. Cryptocurrencies, however, showed more drama. Bitcoin jumped to $119,380—up 2% over 24 hours—even though daily volumes fell by 8.7% to $50 billion. At current levels, Bitcoin sits just 2.88% below its July 13 peak of $123,102. Network data also hit a record hashrate of 932 EH/s, with difficulty at 127.62 trillion. Analysts caution against reading too much into a single headline. Low volume can fuel sharp swings, and crypto markets often move on a mix of factors from ETF flows to miner activity. Featured image from Getty Images, chart from TradingView

Gold has been in a $250 range since hitting new all-time highs after Liberation Day in April 2025. Despite many signs of new trends very close to beginning, the only true thing is that Gold has not been able to find a trend. The question that may arise, particularly after last week's rebound on the 2025 upward trendline, which failed to even touch the All-time high record, is: Do Gold bulls have enough fundamental resources to push the metal to new highs? The weekly session has started with some great volatility, particularly as the US Dollar is breaking higher in a strong manner and with the EU-US Trade Deal being close to concluded. This volatility has been negative for Gold which had been going up on more tense global trade outlooks. As a matter of fact, global trade is felt to be looking better as more Deals are reached. Before taking a look at the technicals, let's see if positioning helps us to get a good idea of what is going on. Read More: AUDUSD weakens as markets brace for a pivotal weekClient positioning in Gold Client Positioning for Gold, July 28, 2025 – Source: OANDA Labs Client positioning in Gold is overweight long. Positioning tends to typically be an inversely correlated tool to imminent Market moves – If players are long, an inability to add to positions emphasis further reversals, in this case it gives a bearish tilt. Now turning to Technicals for the precious metalGold Daily Chart Gold Daily Chart, July 28, 2025 – Source: TradingView Gold was on a strong move towards that previously pointed to potentially hitting the all-time highs – A spike at the $3,439 highs got met with an Engulfing bearish candle after the reaching of the US-Japan Trade deal. Since, an over-$100 correction has brought the precious metal below the 2025 upwards trendline, particularly after opening down on the weekly open, just below its key 50-Day Moving average ($3,342). Buyers having failed to hold the rally above it gives more emphasis to the ongoing selling – However the action is still rangebound with the prices entering the $3,300 to $3,320 Support Zone. Any close below would look at the end-June $3,250 level that served as key support, with no other major support until $3,120 May lows Gold 4H Chart Gold 4H Chart, July 28, 2025 – Source: TradingView The weekly open has quickly built towards the Key support mentioned on the Daily timeframe, which leaves a last hurdle for the bulls to support the range before a potential $50 breakdown. $3,300 is not a pivot point to underestimate, and retracements in Gold tend to be short – Therefore even if the level breaks, it will be essential to see where other buyers step in ($3,250 is the next key support). There has been a long-tailed wick at the morning session selling candle leading to a small rebound – Any rebound from here will have to be strong enough to bring prices above the $3,350 Pivot Zone in confluence with the 4H MA 200. Any selloff from there would open the door for a more concrete downwards reversal in a break-retest fashion which would infer a need for further analysis. Reactions from here are a major key for the action to come. Gold 30m Chart Gold 30M Chart, July 28, 2025 – Source: TradingView Looking even closer, the battle is nnot won yet for the Bears. The formation of a intermediate-downwards channel shows a potential test of its higher bound which coincides with the 30m 50-period MA ($3,330); a first hurdle to break for the range to hold and to give a chance to regain higher levels. That MA is actually a key to intraday momentum, having served as resistance for sellers to step in so keep that one closely in check. 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.

Bitcoin continues to consolidate between $115,000 and $120,000, with bulls maintaining control despite the lack of a breakout above $123,000. What stands out in this range-bound structure is the clear demand concentration around $117,000. According to Glassnode’s BTC Cost Basis Distribution Heatmap, this level has consistently attracted buying interest, acting as a key area where capital rotates into Bitcoin. The heatmap reveals dense clusters of cost basis activity near key price levels. This reinforces its role as short-term support and a psychological anchor for bulls. As long as this zone holds, the risk of a full breakdown remains limited—even as BTC struggles to reach new highs. However, repeated rejections near $120K and muted momentum raise concerns that upside exhaustion could eventually lead to deeper downside. If demand at $117K begins to fade, price may quickly revisit lower levels in search of fresh support. For now, though, on-chain data shows that accumulation remains healthy, and this zone could be the foundation for Bitcoin’s next attempt to reclaim the highs. $117K Becomes Bitcoin’s Accumulation Stronghold as Market Shifts Bitcoin’s $117,000 level has emerged as a key accumulation zone, with approximately 73,000 BTC now held at this cost basis, according to the latest data from Glassnode. This reinforces the idea that buyers continue to step in on every dip, absorbing selling pressure and stabilizing price action within the current range. The BTC Cost Basis Distribution Heatmap shows a consistent buildup of demand in this area, highlighting investor confidence around this support zone. What makes this cycle particularly unique is the presence of legal clarity and accelerating institutional adoption in the US. Unlike previous cycles, where price action was often driven by retail speculation and extreme volatility, today’s structure appears more measured. Regulatory progress—especially around spot Bitcoin ETFs and clearer custody frameworks—has attracted a wave of long-term capital. This influx of institutional demand is not only stabilizing the market but also making it less reactive to short-term swings. However, Bitcoin’s calm price action may not last much longer. As Ethereum gains momentum, driven by rising open interest and on-chain activity, capital is beginning to rotate into altcoins. Historically, such transitions have marked the end of Bitcoin-led phases and the beginning of broader market expansions. If ETH and altcoins continue to accelerate, Bitcoin’s tight trading range could break—either leading to a catch-up rally or a temporary pause as capital rotates elsewhere. BTC Range Narrows As Price Holds Between Key Levels The 8-hour chart shows Bitcoin consolidating tightly between $115,724 and $122,077, with the price currently hovering around $118,762. Despite a lack of strong momentum, the structure remains bullish as BTC holds above all major moving averages—the 50 SMA ($118,185), 100 SMA ($113,521), and 200 SMA ($109,754). This alignment signals continued trend strength, with short-term dips being supported by buyers. Volume has declined during the consolidation, a typical sign of a neutral phase where market participants await a breakout. Notably, each pullback toward the lower boundary near $115,700 has been met with strong demand, confirming this zone as key support. Meanwhile, resistance at $122,000 continues to cap bullish attempts, forming a clear range that will likely define Bitcoin’s next move. If BTC can reclaim $120,000 with a strong surge in volume, a breakout toward new all-time highs above $123,000 becomes likely. Conversely, a breakdown below $115,700 could trigger a sharper correction toward the 100 SMA around $113,500. For now, all eyes remain on whether bulls can sustain pressure and flip resistance, or if sellers regain control near the top of the range. The current setup favors patient accumulation as the market prepares for its next directional move. Featured image from Dall-E, chart from TradingView

The Trump administration’s alleged bid to get rid of greenhouse gas emissions standards might see more impact on pollution than platinum after its price has jumped almost 50% this year, industry analysts say. The EPA plans to drop all greenhouse gas (GHG) emission standards for light, medium and heavy-duty vehicles and engines in the near future, according to a draft proposal, Reuters reported on Thursday. Platinum’s use in auto’s pollution-filtering catalytic converters represents about 30% of global demand, and palladium represents about 80%. But it could be premature to conclude the EPA’s changes will remove the need for platinum group metals (PGM)-based devices in vehicles, says Ed Sterk, director of research with the World Platinum Investment Council. “The intention is to scrap some of those controls, but it’s not necessarily to get rid of catalytic converters,” Sterk told The Northern Miner in an interview on Friday. “If you consider living in Los Angeles, which historically has had terrible problems with smog, is Los Angeles a better place with or without catalytic converters and exhaust treatment systems on the vehicles? Most people would argue it’s probably a better place now.” Emissions standards scrutiny The EPA is anticipated to conclude that the Clean Air Act doesn’t authorize the agency to impose emission standards and is to lift the finding that GHG vehicle emissions put public health at risk, Reuters said. It follows the passage earlier this month of the “One Big Beautiful Bill Act”, part of which removed fines for failures to meet fuel efficiency rules since 2022. But even with the converters themselves, Sterk noted they’re part of a complete design package of vehicles’ exhaust driven systems, and can’t just be immediately removed. Cars are going to have them for now regardless of emissions rules. Platinum prices have gained 49% to $1,410 an oz. as of Monday, according to Trading Economics. Analysts from Saxo Bank, Bank of America, Heraeus and others cite a rare confluence of tight supply, weak gold price psychology, strong Chinese physical demand, and diverse industrial uses as the foundation for platinum’s strong year-to-date rally. Despite skepticism over sustainability, most expect structural deficits to persist into 2025, supporting continued tightness. Platinum demand deficit While Sterk noted that he can’t comment on PGM price changes, demand for platinum is likely to continue exceeding supply, council data show. Global platinum supply has declined 12% from 8.3 million oz. in 2021 to 7.3 million oz. in 2024, while demand grew 19% in that period, from 6.9 million oz. to 8.3 million ounces. Supply this year is forecast to total 7.9 million oz. and demand about 6.9 million ounces. Catalysts comprise the vast majority of demand for platinum and this year it’s forecast to decline by 5% to 460,000 oz. for North America. “Even if you remove North America completely, we’d still have a supply and demand shortfall for this year,” Sterk said. He further noted that if the EPA changes go ahead, legal challenges to the new legislation could slow the pace of its effects on the market. Palladium surplus Unlike platinum, palladium has a narrower range of applications and about 80% of its use is for catalytic converters, Sterk said. But with converters and greater electrification of vehicles, the trend is moving towards substituting palladium for platinum. “Palladium is expected to go into surplus due to recycling,” he said. “We’ve got ongoing deficits in platinum for the foreseeable future, and surplus for palladium.” Though, palladium prices have gained about 46% to $1,274 per oz. this year to date, the metal’s low prices spurred Impala Platinum (JSE: IMP; US-OTC: IMPUY), widely known as Implats, to decide to close its mine in northern Ontario next May.

Trading just shy of the key level of $45,000, at $44,913, the Dow Jones 30 trades higher in today’s session, boosted by news of a US-EU trade deal. With US Q2 earnings season set to continue this week, most notably featuring Apple and Microsoft, the Dow trades only ~0.50% from all-time highs achieved in December 2024. Dow Jones 30 (DJIA): Key takeaways from today’s session Bookending a period of co-operation between the two nations, and crucially ahead of the August 1st deadline, news of a successful US-EU trade agreement is positive for world equities, including the Dow Unlike the Nasdaq-100 and the S&P, the Dow Jones is yet to achieve fresh all-time highs since December of last yearDow Jones 30 (DJIA): US-EU trade deal a significant positive for world equities With news of a successful trade deal between the United States and the European Union breaking this morning, the week seems to be off to a harmonious start. Albeit priced-in somewhat courtesy of commentary from White House official Scott Bessent last week, considering how significant the EU is as a US trading partner, the news can be viewed as overwhelmingly positive for near-term US equities support. While the EU will be subject to a 15% tariff rate going forward, this is a significant improvement on the 30% tariff that would have been imposed if an agreement was not made before the latest deadline of August 1st, which is now only 96 short hours away. If nothing else, the latest development on US trade relations has helped quell a general feeling of market uncertainty that would otherwise hurt speculative investments such as US equities, Dow included. It’s worth noting, however, that the latest agreement perhaps suits some European Union members more than others, and questions remain about how recent developments will affect European solidarity. While a narrative exists that the European Union membership removes sovereignty amongst its members, it would be fair to say that recent developments may vindicate this school of thought somewhat more. Regarding Dow pricing, news that further trade deals are to be made ahead of deadline will offer immediate support. This goes double for China, arguably the most critical nation the US has yet reached an agreement with. Dow Jones 30 (DJIA): Will US Q2 earnings be enough to renew Dow ATHs? Having been generally positive so far, especially considering the chaos surrounding tariffs and zero Fed interest rate cuts, we now enter into week three of the US Q2 earnings season. Especially in the case of large-cap stocks, how successful, or indeed unsuccessful, each report is in meeting expectations will continue to weigh on Dow performance, ultimately setting the narrative on the general health of the US economy. Most notably, this week, Microsoft, Apple, Amazon, Meta, Visa, and Mastercard are all expected to release Q2 earnings results. Read more on US earnings season: S&P 500 Technicals & Sentiment: What to Expect This Week Dow Jones 30 (DJIA): Markets are 97.4% rates are to remain unchanged on Wednesday While the current status quo of ‘wait-and-see’ is not likely to be changed in the upcoming interest decision on Wednesday, markets will be watching keenly for any clues on how the Fed might approach easing later this year. According to CME FedWatch, markets still predict two rate cuts before year-end, in October and December, respectively. Naturally, any suggestion that rates are to be cut is better for economic growth, directly benefiting US equities. CME FedWatch, 28/07/2025 The $1,000,000 question remains about inflation; however, recent tariff developments have offered many an opportunity for the Fed to defer interest rate cuts, citing unknowns around inflation. While the upcoming decision will almost certainly keep rates unchanged, commentary offered as part of the policy statement remains as crucial as ever. Dow Jones 30 (DJIA): Technical analysis (28/07/2025) Dow Jones 30 (US30USD), OANDA, 25/07/2025 According to the 14-period RSI on the daily timeframe, the current Dow rally still shows signs of life, albeit approaching ‘overbought’ territoryAiming higher, price action will face significant resistance around ~$45,060. If able to break and maintain above the level, this could also act as an area of support 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.

Read More: Markets Weekly Outlook - US Data Dump, Earnings Season and Trade Deals The S&P 500 and Nasdaq hit record highs at the open, while the Dow was close behind, as optimism from a U.S.-EU trade deal set the tone for a busy week. This week includes major earnings reports, a Federal Reserve meeting, and a looming U.S. tariff deadline. The S&P 500 rose 0.08%, and the Nasdaq gained 0.28%. Source: LSEG On Sunday, President Trump and European Commission President Ursula von der Leyen announced a trade deal, cutting EU import tariffs to 15%, half of what was originally planned for August 1. Since April, the S&P 500 has climbed over 30%, and the Nasdaq has surged more than 40%. Last week, deals with trade partners like Japan, Indonesia, and the Philippines boosted Wall Street. However, the market rally faces a big test as tech giants Meta, Microsoft, Amazon, and Apple prepare to release their earnings, which could shape Wall Street's direction. Earnings Season Thus Far Heading into a massive week for US earnings releases, over a third of S&P 500 companies have reported earnings, with 80% beating expectations, according to LSEG data. Analysts now predict second-quarter earnings will grow 7.7% compared to the 5.8% estimate from July 1. Last week, Alphabet surprised investors with increased spending on AI, sparking optimism, while Tesla warned of challenges ahead due to shrinking EV subsidies. Tesla shares rose 0.4% today after signing a $16.5 billion chip deal with Samsung. With 4 of the magnificent 7 reporting this week market participants are braced for significant volatility. This small group of big tech companies now make up a larger share of profits, market value, and valuations than ever before. While overall market indexes are hitting record highs, the outlook isn’t as strong if you exclude these companies. Since the start of 2023, the S&P 500, which is heavily influenced by the "Magnificent 7" tech giants, has risen 67%. In comparison, the equal-weighted version of the index, which treats all companies equally, has only gained 32%. Source: LSEG This has become a hot topic of conversation for market participants. Two years ago, the S&P 500 composite index was worth about two-thirds of the equal-weight index, with a ratio of 0.66. Now, that ratio has climbed to 0.84, the highest since 2003. Earnings estimates for the S&P 500 over the next 12 months are 14% higher than those for the equal-weight index. Tajinder Dhillon from LSEG adds that the "Magnificent 7" tech giants made up 52% of total earnings growth last year. However, many experts worry about the market relying so heavily on just a few companies. It works well when these companies are doing great, but if one or two stumble, the whole market could suffer. It also makes investing harder—if the market’s performance depends mostly on the "Mag 7" or Nvidia, why bother picking other stocks? This could lead to inefficiencies in the market. Is the Dominance of the Magnificent 7 Starting to Fade? There are early signs that the stock market is starting to expand beyond just tech and AI-focused companies, helped by positive trade news. Last week, the equal-weight index hit a new record, surpassing its November high. It also outperformed the S&P 500 for the fourth time in 13 weeks. If this trend continues, it could mark its first monthly win over the S&P 500 since March. But can it keep up? This week, around 160 S&P 500 companies are set to report earnings, including big names like Meta and Microsoft on Wednesday, followed by Amazon and Apple. These four companies are expected to have a bigger impact on the market than all the others combined. According to LSEG's Tajinder Dhillon, the "Magnificent 7" tech giants are expected to contribute less to overall earnings growth—dropping to 37% this year and 27% next year. The gap in earnings growth between the "Mag 7" and the rest of the market is also narrowing, with 16.4% vs. 7.7% in the second quarter, the smallest difference since 2023, and it’s expected to shrink further in the third quarter. As chatter grows that we may be starting to see a significant shift, i think this could be misguided. The earnings potential by the Magnificent 7 stocks is unparalleled especially as monetizing AI is only starting. This means that the current premium on these stocks, at least from my point of view, remains justified. Earnings this week from Meta, Microsoft, Amazon and Apple may provide further insights. For now though, the topic is likely to remain an intriguing one. Technical Analysis - S&P 500 From a technical standpoint, the S&P 500 on the daily timeframe opened higher today but has failed to push on. The index continues to hover in overbought territory on the period-14 RSI and with little historical price action, predicting or looking for a potential reversal becomes extremely difficult. However, just ahead of the current price we have the 6500 psychological level which could come into play. The S&P could continue to grind ahead of the massive earnings releases due on Wednesday and Thursday respectively. S&P 500 Daily Chart, July 28, 2025 Source: TradingView (click to enlarge) Support 630062306152Resistance 650066006700Client Sentiment Data - S&P 500 Index Looking at OANDA client sentiment data and market participants are short on the S&P 500 Index with 66% of traders net-short. I prefer to take a contrarian view toward crowd sentiment and thus the fact that so many traders are short means the S&P 500 Index could 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.

Canadian miner McEwen (TSX, NYSE: MUX) agreed to buy smaller rival Canadian Gold (TSXV: CGC) to add the mothballed Tartan mine in Manitoba and exploration properties in Ontario and Quebec. The preliminary deal would see Canadian Gold shareholders receive 0.0225 of a McEwen common share, for an offer price of C$0.35 per Canadian Gold share, according to a statement issued Monday. This represents a 26% premium to the 30-day volume weighted average price of the Canadian Gold shares as of Friday’s market close, McEwen said. Based on about 209.1 million shares outstanding, the deal values Toronto-based Canadian Gold at about C$73 million ($53 million). No specific timeline for the acquisition’s completion was disclosed. The proposed deal comes as McEwen – which recently changed its name from McEwen Mining to mark a shift toward a broader resource play – ramps up gold and copper production and pursues new assets. The company, which has three producing gold and silver mines in Nevada, Ontario and Argentina, also holds a 46% stake in Argentina’s Los Azules, one of the world’s ten biggest undeveloped copper deposits. Shares of Canadian Gold rose 3.3% to C$0.315 in Toronto Monday afternoon – below McEwen’s offer price. That gave the company a market capitalization of about C$66 million. McEwen fell 5.3% to C$14.74 for a market value of about C$784 million. Tartan mine Canadian Gold’s main asset is the Tartan mine, a past-producing, high-grade property near the city of Flin Flon that benefits from existing infrastructure and high exploration potential. The company also owns greenfield exploration properties in the Hammond Reef and Malartic South projects, which sit next to some of Canada’s largest gold mines and development projects in Ontario and Quebec. Production at Tartan could restart within 24 to 36 months, McEwen said. Tartan already has access to a skilled mining workforce and doesn’t require the construction of a mining camp. Its “substantial” exploration potential got a boost from Canadian Gold’s recent decision to option the adjoining Tartan West property, McEwen added. Tartan is “a high-grade gold deposit with strong exploration potential in Canada,”Rob McEwen, chairman and chief owner of the mining company that bears his name, said in the statement. “The existing infrastructure, including the mine ramp, roads, and power, provides an opportunity to restart operations within a relatively short timeframe.” Rob McEwen already owns 33% of Canadian Gold’s outstanding shares, while McEwen Inc. holds about 5.6%, according to the Canadian Gold website. Canadian Gold executives hold a 7.9% stake. Stockholders’ OK The proposed transaction must be approved by two thirds of the votes cast by Canadian Gold shareholders, as well as a simple majority of the votes cast by minority Canadian Gold shareholders. Canadian Gold shares held by McEwen Inc. and Rob McEwen won’t be included in the minority shareholder vote. A special meeting of Canadian Gold shareholders is expected to take place by Dec. 31. Tartan produced 47,000 oz. gold between 1987 and 1989. Two recent deals allowed Canadian Gold to expand the property’s strike length from 8 km to 29.5 km along a key regional shear zone. The mine’s proposed development offers many similarities to McEwen’s Fox complex in northern Ontario, according to the companies. These include ramp access, mining method and the design of the proposed process plant. The letter of intent announced Monday paves the way for McEwen and Canadian Gold to sign a definitive arrangement agreement setting out the final terms and conditions of the proposed deal. Additional details will be disclosed once a definitive deal has been reached. Existing Canadian Gold shareholders would own about 8.2% of the combined company if the transaction goes ahead.

A crypto analyst has issued a bold new forecast on the future trajectory of Bitcoin (BTC), claiming that the era of parabolic bull runs and painful bear markets is over. In its place, he envisions a slower, more institutionally driven path toward long-term growth. Looking ahead, the analyst believes that Bitcoin could reach $1,000,000 in the next decade. Bitcoin Road To $1,000,000 Will Be Slow In an X social media post, Mitchell Askew, a crypto market expert and the Head of Research at Blockware, shared his long-term bullish outlook for Bitcoin, predicting that the flagship cryptocurrency is set to hit $1,000,000 within the next 10 years. However, he noted that this massive price surge won’t come from explosive bull runs previously seen in 2013 or 2017. According to the analyst, Bitcoin has moved past the age of parabolic price surges followed by crushing drawdowns. Rather than repeating past cycles of 10,000% gains in a year trailed by a 75% crash, the flagship cryptocurrency is now exhibiting a much more controlled and less dramatic growth pattern. He believes that the cryptocurrency’s rise to $1,000,000 could unfold through a cycle of pumps followed by prolonged consolidations, making it a slow climb. This gradual growth style will likely discourage short-term speculators and casual investors, allowing only those with long-term conviction to benefit. Askew’s bold BTC forecast and speculations about a slower growth trajectory are rooted in his belief that the cryptocurrency’s price action has fundamentally changed following the launch of Spot Bitcoin Exchange Traded Funds (ETFs). The introduction of this investment product in early 2024 marked a turning point for BTC, transforming it into a more stable and institutionalized asset class. Notably, since the approval of the Bitcoin ETF, the analyst asserts that the most significant drawdown the cryptocurrency has faced is about 30%—a stark contrast to the extreme volatility of the past. While Bitcoin remains volatile by traditional standards, the nature of its price swings has considerably shifted, pointing to broader stabilization in the market. In this environment, private miners, particularly those affiliated with BlockwareTeam, are expected to benefit the most. By continuously mining at a lower cost and taking advantage of tax incentives like a 100% bonus depreciation on hardware, they stand to profit steadily as Bitcoin climbs higher. Askew believes that this evolution is not overly optimistic or bearish, but rather a logical progression as BTC matures into a mainstream financial asset with increasing institutional involvement. Analyst Warns Against Unrealistic Short-Term Gains In his analysis, Askew noted that the expectation that Bitcoin could surge to $500,000 in just five months, or that identifying a precise cycle top will lead to easy profits, is now considered unrealistic. The analyst warned investors against overly bullish sentiment in the short term or relying on outdated cycle theories. He suggests that trying to time market tops based on past halving cycles may leave investors sidelined while Bitcoin continues its slow and steady climb throughout the Trump administration.

Copper prices fell to the lowest in a week on Monday after opening the market higher, as investors continue to monitor the final details on imminent US tariffs on the metal. The most active copper futures on the COMEX fell by nearly 3% to $5.613/lb., a sharp pullback following a record-setting rise last week that saw prices approach the $6/lb. level. Click on chart for live prices In London, the benchmark three-month copper contract was down more than 1% at $9769.50/tonne, having risen by 0.6% earlier to $$9,824.50/tonne. The decline comes just days before the official implementation of the touted 50% tariff on the industrial metal, the details of which remain unclear ahead of their planned start date on Friday. The Trump’s administration so far has yet to confirm the important aspects of the duties, including which products will be covered, whether supplies from all nations will be hit equally, or how metal already on its way to US shores will be treated. In anticipation of the August 1 deadline, global traders have been shipping massive amounts of copper to the US, triggering a last-minute scramble and a spike in prices earlier this month. While copper prices in the US are now much higher than those in London, they still do not fully reflect the 50% universal tariff rate. Further important developments lie ahead this week, as the Federal Reserve is expect to keep rates unchanged at the conclusion of its policy meeting on Wednesday, but its commentary will be scrutinized for clues on what comes next. (With files from Bloomberg)

Gold prices retreated to a near three-week low on Monday as the freshly struck US-EU trade accord lifted risk sentiment and diminished the appeal of safe havens. Spot gold fell 0.7% to $3,313.57 per ounce as of 11:30 a.m. ET, having touched as low as $3,302.50 earlier in the session. US gold futures were down 0.8% to $3,307.60 per ounce in New York. Click on chart for Live Prices The pullback follows a pivotal trade deal reached between the US and EU that fueled market optimism ahead a jam-packed week of earnings from Big Tech, economic data and a Federal Reserve meeting. That pact came on the heels of last week’s US-Japan agreement, while American and Chinese officials will resume talks in Stockholm on Monday with the aim of extending their trade truce by another 90 days. The US dollar index rose to a one-week high with the latest developments, making bullion more expensive for overseas buyers. “I think the more trade announcements we get, the more the dollar increases. These tariff deals are dollar friendly, lowering the allure of gold and driving the sell-off amid a risk-on sentiment,” said Marex analyst Edward Meir. However, US trade representative Jamieson Greer warned on Monday that no major breakthrough was expected with China, noting discussions would focus on monitoring and implementing existing commitments. “You’re not seeing a huge move on the downside in gold because the deals could still prove to be either difficult to implement or unrealistic,” Meir said. Meanwhile, the US Federal Reserve is expected to keep its benchmark rate in the 4.25%–4.50% range when its two-day meeting concludes on Wednesday. (With files from Reuters)

An initial economic study for Vital Metals’ (ASX: VML) Tardiff project in the Northwest Territories outlines output that would make it one of the largest rare earth concentrate producers outside China. Tardiff, part of Vital’s larger Nechalacho project about 110 km northeast of Yellowknife, would produce 56,000 tonnes of concentrate annually, grading 26.4% total rare earth oxides (TREO) and 3.3% niobium pentoxide, the company said Monday. Vital shares gained 5% to A$0.11 apiece on Monday in Sydney, for a market capitalization of A$12.38 million. The proposed open pit mine with an initial capital cost of $291 million would have a post-tax net present value of $445 million, an internal rate of return of nearly 26% and an 11-year life. “[The study] is a first step towards Vital playing a key role in building a critical minerals supply chain in Canada,” Vital’s managing director Lisa Riley said in a release. “Recommended next steps will aim to capture further economic upside by optimizing rare earth element and niobium recoveries, lifting concentrate grades and delivering higher payability for the economic commodities.” Comparison Tardiff’s output would yield about 14,800 tonnes of contained TREO annually, representing approximately 3% to 4% of global rare earth oxide production based on 2024 estimates. By comparison, MP Materials’ (NYSE: MP) Mountain Pass mine in the United States produced about 43,000 tonnes of concentrate containing an estimated 4,000 to 5,000 tonnes of TREO, or roughly 11% of the global total. If developed, Tardiff would rank among the largest rare earth concentrate producers outside China, with the added value of niobium by-product potential. Nechalacho was briefly Canada’s first-ever producing rare earths mine on a demonstration-scale basis during 2021-2023. But mining was halted due to cost overruns, market difficulties and the bankruptcy of Vital’s processing subsidiary in Saskatoon, Saskatchewan. The global production of rare earths, essential components in permanent magnets and other green energy technologies, is mostly controlled by China, and Mountain Pass is the only commercially producing rare earths mine in North America. 56% resource bump The study’s release comes about seven months after an update lifted measured and indicated resources at Tardiff’s Upper Zone by 56% to 48.6 million tonnes, according to Australia’s Joint Ore Reserves Committee mining code. That resource grades at 0.26% neodymium oxide, 0.07% praseodymium oxide and 0.25% niobium pentoxide, or 1.32% total rare earth oxide (TREO), for 640,000 tonnes of contained TREO. Inferred resources total 144.1 million tonnes grading 0.26% neodymium, 0.07% praseodymium and 0.32% niobium, or 1.31% TREO, for 1.88 million tonnes of TREO. Mining would extract only 15% of Tardiff’s total resource, the study says. The open pit design could produce 14,000 tonnes per day at a low strip ratio of 0.3:1. Supply chain group A key component of the project is the formation of a Canadian Rare Earth Supply Chain Consortium, in which Vital plays a founding role, to enhance collaboration between industry and government to accelerate the scale-up of commercial production. Last month, Appia Rare Earths & Uranium (CSE: API), Commerce Resources (TSXV: CCE), Defense Metals (TSXV: DEFN) and Vital announced the launch of the strategic research consortium. The scoping study also envisions a logistics plan for the transportation of concentrate by barge across Great Slave Lake to Hay River, and then by rail to a processing facility further south. A similar supply chain was functioning when Vital was mining at Nechalacho during 2021-2023. Rare earths were shipped to Vitals’ separation plant in Saskatoon. Avalon Advanced Materials (TSX: AVL) holds the rights to mineralization below 150 metres at Nechalacho.

China-focused Majestic Gold (TSXV: MJS) has suspended operations at its Denggezhuang (DGZ) underground mine in Shandong province, following a hanging wall incident that killed one of its employees. In a press release on Monday, the gold miner said the worker was struck by loose rock while performing risk removal operations at DGZ, one of three underground mines operated by its subsidiary based in Yantai City. Despite immediate rescue efforts, the worker succumbed to injuries, it added. Following the incident, authorities in Shandong province ordered the suspension of production and asked the company to rectify the situation while temporarily withholding its relevant licenses for the DGZ mine. They also ordered an immediate investigation into the accident to determine the cause and nature of the accident, the responsibility of on-site management, and the direct economic losses of the accident. The investigation team will jointly review the remediation measures undertaken by Yantai Mujin, Majestic Gold’s subsidiary in charge of mine operations, before authorizing the resumption of operations at DGZ. In its statement, Majestic said it “will continue to work closely with Yantai Mujin to fully cooperate with the ongoing investigation” and “is committed to implementing all necessary safety measures, addressing potential hazards, and ensuring that all on-site safety management and supervision are in place.” The company operates several mines in Shandong province, with its main asset being the Songjiagou open-pit mine located 50 km south of downtown Yantai. Last year, it produced 31,949 ounces across all its operations. Shares of Majestic Gold fell 2% to C$0.15 apiece following the mine suspension, giving the British Columbia-based gold miner a market capitalization of C$152.9 million ($111.4 million).

A fundamental overview of the AUD to prepare for a key week This week is promised to be a major mover for the Forex market, and the AUD is far from being excluded from potential movement. Between Central Bank meetings, including Wednesday’s FOMC and Australia’s Quarterly Inflation data, AUD Traders must stay prepared for the upcoming action. The Royal Bank of Australia held its Main Rate at 3.85% at the beginning of July, citing higher inflation and more than decent employment figures. However, the week after, the figures were not as good. The initial reaction was stronger for the AUD, but the motion is starting to show some change right after the pair hit some 8-month highs. Some headwinds are in the longer-term outlook for the Currency pair. Australian funds are increasingly hedging their foreign investments (particularly with the US), which would typically increase fundamental demand for the currency. This is already taking place, as evidenced by the consistent and stable uptrend formed after the Liberation Day troughs. But markets are forward-looking, and traders need to adapt fast. The upcoming Wednesday FOMC meeting will be a major key to the pair's dynamics, with a focus on the FED's communication. The RBA still has about 60 bps of cuts priced in for the rest of the year (with a cut largely priced in for the next meeting), and this pricing is subject to much change, particularly with the inflation data coming up. FYI, the upcoming RBA meeting will be taking place on August 12. Read More: Dollar regains footing as long-term Reversal carves out a BottomAUDUSD Technical AnalysisAUDUSD Daily Chart AUDUSD Daily Chart, July 28, 2025 – Source: TradingView The Aussie had invalidated a double top formation as the US Dollar saw some newfound weakness in the first trading days of the past week, taking the pair to some 8-month highs (0.66250) – failed continuation downwards brought some strong buying in the pair (failed patterns tend to be good signs of strong reversals). However, the action has reversed again as the Greenback saw a reversal higher after Wednesday trading and this has marked another, more concrete top in AUDUSD with the forming of a bearish divergence. Daily momentum is neutral but now tilting downwards. With the 50-Day MA acting as immediate support (0.6510), sellers will want to get a stronger push to regain longer-term control of the action. AUDUSD 4H Chart AUDUSD 4H Chart, July 28, 2025 – Source: TradingView Markets have retracted sharply from the last highs and actually passing below the tighter channel lower bound (dotted blue line). This itself will be attracting some trend-reversal traders but the action has to break conclusively below the Immediate Pivot Zone (level detailed below) before the downwards reversal shows an even higher probability of continuation. Nevertheless, a failure to continue the selling momentum will point to rangebound action due to the 3 tops and 2 bottoms formed through the past two weeks of trading. Levels to place on your charts: Support Levels: Immediate Pivot Zone (0.65150 to 0.65350) - above + bullish, below + bearish0.6485 mini support0.6450 intermediate lows0.63 to 0.64 Main Daily SupportResistance Levels: Swing Resistance 0.6570 to 0.6590Wednesday Highs 0.66250Daily resistance 0.6670 to 0.6740 and high of upwards ChannelAUDUSD 1H Chart AUDUSD 1H Chart, July 28, 2025 – Source: TradingView The week has started with some steep correction in the pair as markets are selling the Trade Deal news, with the Greenback seeing some newfound demand. The selling has found a lower bound after marking oversold levels (0.65160 current session lows), forming the Immediate Pivot. The action still is more bearish than neutral with the ongoing lower consolidation. The current lows allow for the formation of a downwards hourly channel where reactions to the lower bound will be key to watch for momentum decision – keep this one closely on your charts. Get ready for the upcoming Australian Inflation data on Tuesday 21:30 (QoQ Inflation consensus at 0.8%, any beat will continue to diminish rate cut expectations, upward demand for the AUD and vice versa) Safe Trades and successful week! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Ethereum is steadily gaining ground as Bitcoin’s dominance continues to decline, signaling a quiet shift in market power. As ETH captures a larger share of the crypto landscape, key support and resistance levels are now in focus, pointing to potential for further upside. Ethereum Captures Larger Market Slice as BTC Weakens In a recent update on X, The Boss pointed out that Ethereum’s dominance in the crypto market is steadily increasing, aligning with previous expectations. As Bitcoin dominance begins to slip, Ethereum is gaining momentum, gradually capturing a larger share of the total market capitalization. This shift highlights the growing confidence in Ethereum’s relative strength compared to Bitcoin under current market conditions. The Boss also emphasized the technical significance of a green line marked on the dominance chart, identifying it as a key support zone. As long as Ethereum dominance remains above this level, the bullish outlook remains intact. This support has previously acted as a reliable floor during past consolidations, and holding above it could provide the foundation for further gains in dominance. Attention is now turning to potential resistance zones, which The Boss illustrated using yellow lines derived from Fibonacci retracement levels. These levels represent likely areas where ETH dominance could face selling pressure or hesitation. However, surpassing them could indicate further strengthening of Ethereum’s position in the market. Overall, The Boss’s analysis suggests that the decline in Bitcoin dominance may be fueling Ethereum’s rise, and the technical setup remains favorable for ETH as long as it stays above the highlighted support. ETH Eyes Key Resistance Zone At $3,900 Within Rising Channel Thomas Anderson recently shared his analysis of the ETHUSD H1 chart, observing that Ethereum was trading at $3,851.25 and approaching a key resistance zone between $3,876 and $3,900. Price action is unfolding within an ascending channel, with the upper yellow line marking a critical resistance area. He further noted that the 200-day moving average, represented by the red line on the chart, is offering dynamic support around the $2,900 level. This moving average has played a crucial role in sustaining the uptrend and remains an important level to monitor in case of a retracement. The analyst highlighted that Ethereum is now testing the upper boundary of a larger ascending channel, with the $3,287.74 level acting as a solid support zone in the 4H context. Anderson emphasized that this level has served as a major floor during recent consolidations, indicating that any near-term pullback may stabilize there. While the trend remains bullish, ETH could face a temporary dip at current levels before a sustained breakout above the $3,900 area.

Injective Protocol tests EVM compatibility for Ethereum smart contracts to run natively. After SBET and stock tokenization, is INJ crypto ready for a 130% rally? Crypto prices are stable, flatlining over the weekend but emerging strongly, closing above $4 trillion. Bitcoin’s dominance is below 60% but Ethereum is gaining traction and is now one of the best cryptos to buy. With hundreds of millions of dollars funneled into the second-most valuable coin, the altcoin season is imminent. DISCOVER: 20+ Next Crypto to Explode in 2025 Is INJ Crypto Ready for a 130% Spike? Ahead of this anticipated surge in altcoin prices, Injective has been making headlines over the past few days. Accompanying this stream of positive news are firm INJ (No data) crypto prices. As of July 28, INJ is steady, up nearly 20% from Friday, July 25. Over the weekend, prices ticked higher, reversing losses from last week, placing bulls in a strong position to break $16 in a bullish breakout formation. INJPriceINJ24h7d30d1yAll time Should buyers succeed, fully reversing losses from July 23, it could set a strong foundation for INJ to soar back to December 2024 highs of around $35. If it happens, INJ crypto will be among the next 1000X cryptos to consider. From current rates, this would represent an uptick of approximately 130%, a massive boost for INJ, whose developers have been actively building and refining the platform’s offerings. Technically, the coin has been moving sideways after the surge from April 2025 lows. A close above $17 this week could provide the necessary tailwinds for buyers to press on, printing higher highs and even reversing losses from H1 2025. In that event, INJ could expand to $35, riding the DeFi wave, a sector that Injective Protocol seeks to serve. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Launch of EVM Environment in Testnet Last week, Injective developers announced a pivotal step in their quest to create not only a high-performance product but also one that is interoperable with the first smart contracts platform. In a post, they said they had successfully tested an EVM environment on Injective that, once deployed on the mainnet, would allow Ethereum-compatible smart contracts to run natively on its rails. https://twitter.com/injective/status/1949486718077579477 This deployment means Injective will eliminate the need for cross-chain bridges or rollups, allowing DeFi protocols seeking to run on Ethereum to concurrently operate on Injective, taking advantage of its low fees and high scalability. During tests, the EVM environment that Injective developers aim to integrate delivered 320–800 TPS in a mainnet-simulated environment. However, it could process up to 12,500 transactions per second, or up to 4X faster than other EVM-based solutions. This test and planned mainnet launch will complement the Injective Multi-Virtual Machine Token Standard (MTS), which reduces duplication and enhances composability. Injective Leads the RWA Tokenization Charge Besides building, Injective Protocol launched the SBET stock on the mainnet after releasing the first on-chain Digital Asset Treasury (DAT) last week. https://twitter.com/injective/status/1948384103419531482 Through DAT, Injective Protocol tokenized the SBET stock, through which SharpLink, a public company, mirrors MicroStrategy’s plan and launches an Ethereum treasury. The tokenization of the SBET stock transforms SharpLink’s static ETH holdings into 24/7 tradable assets that can also generate yield and be used as collateral in DeFi protocols supported via Injective Protocol’s iAssets. On Injective, Bondi Finance also introduced tokenized bonds as the DeFi-centric platform increasingly moves toward tokenizing real-world assets. On Bondi Finance, users can mint bond tokens during the funding phase before trading them on secondary markets. This makes corporate bonds more accessible to retail and institutional investors. Tokenized corporate bonds can be integrated into DeFi protocols or used in derivatives, enhancing utility and boosting liquidity. DISCOVER: 10 High-Risk High-Reward Cryptos for 2025 INJ Crypto Can Rise 130% As Injective Tests EVM Compatibility Injective tests EVM compatibility INJ crypto steady but can rally to December 2024 highs Injective launches SBET stock Bondi Finance tokenizing corporate bonds The post Injective Tests EVM Compatibility for Smart Contracts: Is INJ The Best Crypto To Buy Now? appeared first on 99Bitcoins.

PayPal Holdings Inc. has rolled out a way for US merchants to accept crypto payments. The company set a flat fee of 0.99% per transaction. That’s a hefty cut compared with the near 2.99% merchants often pay on cross‑border credit card sales. According to PayPal, businesses can save up to 90% on transaction costs when buyers pay with digital coins. Flat Fees For Crypto Payments Based on reports, every sale automatically converts crypto into fiat or stablecoins when the merchant chooses. Companies can pick from more than 100 tokens under its “Pay with Crypto” feature. Bitcoin and Ethereum lead the list. Other picks include USDT, XRP, BNB, Solana and PayPal’s own PYUSD. That stablecoin is backed by US dollar deposits, short‑term Treasuries and cash equivalents. Merchants who stick with PYUSD earn 4% rewards on balances held in their PayPal account. Wide Range Of Wallets And Coins The American payments processing firm also tied this service into wallets beyond its own. Coinbase, MetaMask, OKX, Binance, Kraken, Phantom and Exodus all plug in. That opens the door to some 650 million crypto users around the globe. PayPal says it’s tapping into a $3 trillion market that has grown fast over the past decade. Smaller businesses in particular could find it easy to add crypto as a payment option without heavy engineering work. A Nod To Global Ambitions The launch follows PayPal’s introduction of PayPal World, a platform that links five digital wallets worldwide. PayPal then struck a deal with Fiserv to spread stablecoin use further abroad. Together, those moves hint at an effort to build plumbing for fast, low‑cost money transfers everywhere. Merchants in the US won’t see surprises at checkout. That 0.99% fee covers network charges and conversion work. By comparison, traditional cross‑border credit card sales often carry fees that climb past 3%. It’s easy math for sellers: a $1,000 sale in crypto costs $9.90 instead of about $30. That margin could be the difference between profit and loss. Regulatory Approval Still Pending According to PayPal, the rollout will begin in the US “in the coming weeks.” One catch: New York merchants must wait on permission from the New York State Department of Financial Services. PayPal says it hasn’t secured that approval yet. It’s possible the company’s plans for stablecoins and on‑ramps will attract extra scrutiny from regulators in other key markets too. Featured image from Getty Images, chart from TradingView

Bitwise CIO Matt Hougan predicts a Bitcoin boom in 2026, breaking the four-year cycle. Regulatory clarity in the U.S. and institutional demand to drive prices. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, predicts a crypto boom in 2026. In 2025, crypto prices peaked in January before correcting. BTC ▲0.92% slumped to $75,000, driving some of the top Solana meme coins like TRUMP crypto lower. Explore: Best High-Risk, High-Reward Crypto to Buy in July 2025 Will 2026 Be an “Up Year” for Bitcoin? The sell-off was the washout the market needed to flush out speculative 100X leveraged traders across multiple crypto exchanges. After the dip, prices rose, breaching $110,000, before extending gains to $123,000. As of July 28, 2025, prices are at near all-time highs, but bulls need to break above $120,000 and July highs for the uptrend to continue. Hougan believes this bull run is inevitable, not in 2025 but in 2026. In an interview, the CIO expressed confidence in a major price recovery, stating that 2026 will be an “up year,” with a “sustained, steady boom” for Bitcoin. Unlike the volatile peaks and troughs of past cycles, he predicts Bitcoin will march steadily, printing “god candles” to new all-time highs. The establishment of a Bitcoin reserve and the passing of the GENIUS Act, which provides a legal framework for stablecoins, signal regulatory clarity. While not directly tied to Bitcoin, this benefits smart contract platforms like Ethereum and Solana and reduces the risk of crackdowns seen during Gary Gensler’s tenure. Due to regulatory clarity, institutions have invested over $151 billion in spot Bitcoin ETFs, with $130 million in BTC-backed ETF shares purchased on July 25, 2025. (Source: SosoValue) Additionally, President Trump is pushing for lower interest rates. Since April, Hougan notes, Trump has pressured Jerome Powell to cut rates, which could drive capital to Bitcoin and gold. A low-interest-rate environment is typically “positive for crypto,” as seen in the 2020–2021 bull run when the Federal Reserve slashed rates to near zero to stimulate the economy. If rates are cut on July 30, 2025, Bitcoin prices could soar. DISCOVER: 18 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis Bitwise CIO Matt Hougan Predicts a New Era for Bitcoin Matt Hougan predicts a crypto and Bitcoin boom in 2026 Will Bitcoin break its four-year cycle? Regulatory clarity boosts investor confidence Federal Reserve likely to slash rates in July The post Bitwise CIO Matt Hougan Predicts a New Era for Bitcoin, Forecasts 2026 Rally appeared first on 99Bitcoins.

Equinox Gold (TSX, NYSE-AM: EQX) said new drilling at its El Limon mine in Nicaragua yielded the highest-grade gold mineralization discovered to date on the property. Highlight hole EL-TMR-25-036, which is located along the so-called VTEM corridor, cut 10.8 metres grading 36.77 grams per tonne gold from 93 metres depth, Equinox said Monday in a statement. Another hole, EL-BAB-25-121, intersected 15.3 metres grading 8.55 grams gold per tonne from 126.6 metres downhole. The results are the first to be released from a planned 100,000-metre program of discovery and resource expansion diamond drilling at El Limon, which Equinox acquired from B2Gold (TSX: BTO; NYSE-AM: BTG) in 2019. El Limon, which has produced more than four million oz. gold so far, “continues to demonstrate strong exploration upside,” according to the company. “These results highlight the potential to extend the mineralized corridor both to the north and west of existing deposits,” National Bank Financial mining analyst Mohamed Sidibé said in a note. They also “reinforce the strategic value of the Nicaraguan assets within the broader Equinox portfolio, particularly as the company continues to integrate the Calibre assets,” he added. Vancouver-based Equinox last month completed the C$2.56 billion ($1.87 billion) acquisition of Calibre Mining, which vaulted the company to No. 2 among Canadian gold producers after Agnico-Eagle Mines (NYSE, TSX: AEM). Equinox subsequently promoted chief operating officer Darren Hall to the post of CEO to replace founding shareholder Greg Smith, who stepped down. Other highlights from results released Monday included hole LIM-24-5088, which cut 7.4 metres at 13.93 grams gold from 117.7 metres depth, and hole EL-TMR-25-031, which intersected 5.6 metres grading 22.18 grams gold from 234.9 metres downhole. Resource expansion Equinox’s exploration strategy in Nicaragua puts the emphasis on resource expansion and discovery drilling across existing resource zones and at high-priority targets such as the VTEM gold corridor and the mothballed Talavera underground mine. Talavera, which produced about 800,000 oz. gold when in operation, hosts about 630,000 oz. of inferred gold resource from 3.8 million tonnes of material grading 5.09 grams gold per tonne. Its Nicaraguan assets operate as a “hub and spoke” platform in which ore from multiple open-pit and underground deposits is processed at either the El Limon or La Libertad mills. Equinox has more than 1 million tonnes of surplus processing capacity available at its Nicaraguan processing facilities. “Over the last five years, we have successfully permitted and brought four new satellite mines into production in the country, typically progressing from discovery to first production within 18 to 24 months,” Hall said in Monday’s statement. “Given the upside potential for new satellite mines, our permitting track record, and surplus milling capacity within the hub and spoke operating platform, we believe these exploration results continue to significantly enhance the long-term value of these assets in Equinox Gold’s portfolio.” Equinox shares fell 1.6% to C$8.60 each Monday morning in Toronto as the broader stock market declined. That gave the company a market capitalization of about C$6.5 billion ($4.7 billion).

Solana Labs CEO Anatoly Yakovenko stirred up heat this week by calling memecoins and NFTs “digital slop” with no real value. He made the remark on X as part of a back‑and‑forth with Base creator Jesse Pollak. Yakovenko compared these tokens to loot boxes in free‑to‑play mobile games. His blunt take has drawn both praise and criticism from across the crypto world. Memecoins Face Harsh Words Yakovenko said he’s held this view since at least January 2024. He argued that the price people pay is all that gives these tokens any worth. Pollak shot back, saying that the content itself—like a painting hanging in a museum—carries its own value, no matter what you charge to see it. The debate has put a spotlight on how far Solana’s growth relies on the very things its leader dismisses. Solana Revenue Tied To ‘Slop’ According to Solana‑focused infrastructure firm Syndica, memecoins made up 62% of the network’s decentralized app revenue in June. That figure helped push Solana’s take to about $1.6 billion in the first half of 2025. Big chunks of that money came from Pump.fun’s launchpad and PumpSwap’s DEX aggregator. Yet Yakovenko said Apple’s loot boxes drive revenue for the App Store in much the same way—profitable but seen by many as exploitative. Community Pushback Builds Critics have been quick to call him out. X user “Caps,” who writes for Flaunch, accused Yakovenko of mocking his own user base. Another commentator, Karbon, said he finds this stance “distasteful,” pointing out that Yakovenko promotes memecoins all the time, even while claiming they’re worthless. The clash has fans and skeptics debating whether it’s fair to scorn a market that’s so clearly feeding Solana’s growth. Competition Heats Up Meanwhile, a rival memecoin launchpad called LetBonk has been eating into Pump.fun’s lead. At various points, LetBonk even topped Pump.fun in 24‑hour revenue. This shows that users are ready to chase the next big token wherever it pops up. For Solana, it means more money in the short run but also more risk of instability if the hype shifts elsewhere. Featured image from iDrop News, chart from TradingView

It was largely expected to arrive, and Market participants finally got it: The EU-US Trade Deal has finally (almost) been reached. For now, markets have only an outline of the actual Deal that needs to be finalized, but to the Market’s understanding, the Deal is done. You can read more about the Deal right here. The US Dollar is looking a bit stronger after the news, particularly against the Euro after forming what resembles a double-top – let’s see how the Markets play this one. Equities, on the other hand, are showing a mixed reaction, with the DAX selling off after the news, for example. The subject of today's piece is US Oil, which, although still trading in its range, is seeing some sharp buying. Let’s take a look at the technicals that precede a potential breakout. Read More: Dollar regains footing as long-term Reversal carves out a BottomUS Oil Intraday charts The rangebound action warrants a closer look to Oil prices, reason why we will omit from taking a look at the Daily charts in today's analysis US Oil 4H Chart US Oil 4H Chart, July 28, 2025 – Source: TradingView The action has decidedly been rangebound in the Black Gold despite failing twice to break above around $70 and consequently seeing a tightening of the range to $65.5 - $67. We mentioned in our preceding Oil analysis how a range, despite showing signs of the balance tilting to the buyers or the sellers' side, can be expected to hold as long as it holds. It is the same as trends which traders usually anticipate to reverse way earlier than they actually do – this is why it's important to be patient and wait for confirmation. Let's see closer however to see if there is anything to tip the scales in this morning's action. US Oil 1H Chart US Oil 1H Chart, July 28, 2025 – Source: TradingView Buyers are stepping in quite aggressively with traders taking the commodity up close to 3% since the Sunday open. The action is currently overbought but with the strength of the current buying, it would be more common to see consolidation around here rather than a full retest of the range lows. Oil bulls are taking prices just above the Key Pivot level in the Middle of the range around $67.50 – In rangebound action, always keep an eye on such levels to spot if the breaching of such triggers reactions. And reactions we are getting. Let's take an even closer look. US Oil 15m Chart US Oil 15m Chart, July 28, 2025 – Source: TradingView The move is currently stalling from way overbought levels, but the action is holding above the Pivot zone mentioned right above (65.45 to $65.70). Buyers have stepped in quite strongly in this morning wave forming a tight bull channel Holding above the pivot zone will indicate higher probabilities of testing the highs of the range, with an intermediate resistance from earlier July trading stepping in around $68.50. Safe trades and successful trading week! 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.

BNB crypto, the token that powers both the BNB Smart Chain and Binance, has just reached a new all-time high of $858 after more than a year of sideways trading. BNB surged 6% overnight, reaching its highest price point since its launch in 2017. Its 30%+ July rally has catapulted BNB back into the crypto top five by market cap, overtaking Solana after weeks of jostling, according to CoinGecko. BNB is now valued at $117 billion, just behind Tether (USDT) in fourth with $163 billion. YZI Labs reportedly manages over $10 billion in assets and was co-founded by CZ and his wife, Ella Zhang, in 2018. With the recent rebranding, CZ announced that YZI Labs would operate as a “family office.” While it remains unverified, when combined with his equity stake in Binance, Zhao’s fortune could exceed $100 billion. This would place him alongside prominent tycoons like Warren Buffett, Bill Gates, and even the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Blockchain analytics platform Arkham estimates that Satoshi controls approximately 1.1 million Bitcoins, or about 5.2% of the total supply, which is now worth around $130 billion at current BTC prices. If these holdings remain untouched, Nakamoto would rank as the twelfth richest person in the world. DISCOVER: Best New Cryptocurrencies to Invest in 2025 CZ Thriving After Binance Legal Issues And His Subsequent Four-Month Stint In Prison Zhao stepped down as CEO of Binance in November 2023 and subsequently served a four-month sentence in April 2024 after pleading guilty to violating U.S. anti-money laundering laws. The exchange paid $4.3 billion in penalties and forfeitures for various violations, and it agreed to a five-year compliance monitoring arrangement with the consulting firm Forensic Risk Alliance and the law firm Sullivan & Cromwell. With a dramatic shift in crypto policy under President Donald Trump, crypto firms like Binance may be looking to return to the U.S. market. In May, the U.S. Securities and Exchange Commission (SEC) formally dropped its civil case against both Zhao and Binance, marking the last major action from the SEC’s previous administration. Additionally, the Department of Justice has disbanded its crypto enforcement task force. Ongoing investigations into Coinbase, Kraken, and other firms have also been paused or dropped, indicating a significant shift in the SEC’s regulatory approach. Binance now appears to be quietly positioning itself for a return to the U.S. market, reportedly holding meetings with Treasury officials and exploring partnerships with politically connected crypto firms. Next Stop For BNB Crypto: $1,000? (COINGECKO) With a fresh all-time high reached after seven months, the next logical step for BNB crypto appears to be the $1,000 level. It is a figure that CZ himself has often teased for BNB, even during its days as a double-digit token, highlighting his belief in the token from the outset. BNB is now in price discovery mode, a term used to describe a token that has reached a new all-time high and lacks a price history or previous patterns to work from a technical analysis perspective. Due to this, BNB crypto could potentially get a value as high as the current market conditions and demand for the token allow. It is less than 20% away from that coveted $1,000 level, which seems easily attainable for a leading altcoin that has shown incredible strength as we head deeper into this current bull market. Once Bitcoin makes its next leg up and Ethereum finally breaches $4,000, coupled with Bitcoin Dominance (BTC.D) losing its 60% level, this will likely prove to be the catalyst to send the altcoin market into overdrive. Once that happens, BNB crypto is likely to be one of the biggest beneficiaries, as it attempts to overtake Solana as the fifth-largest digital asset by market capitalization. EXPLORE: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post BNB Crypto Hits A New All-Time High Of $858, Making Binance Co-Founder One Of The World’s Richest Men appeared first on 99Bitcoins.

The XRP price chart looks quiet after an 8.8% downturn last week, but don’t mistake that for stability. After getting rejected at $3.50, XRP ▲1.94% has been trading in a tight band around $3.00–$3.20. Moreover, Open Interest on Binance just hit an all-time high of $3.9 billion before cooling slightly. That kind of speculative buildup usually precedes fireworks. Here’s where XRP goes next: “This surge marks a clear influx of new capital, signaling strong speculative activity.” – CryptoQuant Traders Are Betting Against XRP Data from CoinGlass shows that short positions account for 50.77% of XRP Futures contracts, slightly outpacing longs at 49.23%. Though the Long/Short Ratio remains below 1.0, indicating a bearish tilt. (CryptoQuant) While more traders are shorting XRP, excessive pessimism can often create the conditions for a short squeeze, especially if price action turns unexpectedly bullish. Supporting the bearish case, XRP exchange netflows have remained positive for two straight days. At press time, CoinGlass data recorded $1.28 million in net inflows suggesting holders are sending tokens to exchanges. Will XRP Break Higher or Drop to $2.90? 99Bitcoins analysts remain divided. Some see signs of a bear trap forming, where the crowding of short positions eventually backfires. (CoinGlass) If capital continues flowing into derivatives markets it could trigger widespread liquidations on short positions, driving XRP past $3.20 and back toward $3.50. However, if exchange inflows continue and bullish momentum weakens, XRP risks falling to $2.90 as longs get liquidated and bears take control. Explore: Best High-Risk, High-Reward Crypto to Buy in July 2025 Technical Analyst Predicts “Mega Bullish Wave” Regardless, XRP has more bullish sentiment going for it than negative. Among the signals: A bullish pennant breakout on the BTC chart, forecasting gains of 21% to 275%. The Visible Range Volume Profile (VRVP) shows a volume void above the 5.75% mark, suggesting low resistance if price breaks above key levels. At the time of writing, XRP is trading at $3.25 with 1.66% hourly gains. Whether this builds into a breakout or collapses into a deeper correction will depend on the wider macro news developing this week like Trump-EU trade deals, potential Fed rate cuts, and tech company earnings. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The clock is ticking on one of crypto’s longest legal dramas and the XRP price could be ready to rocket. All eyes are on Powell this week. As inflation lingers and labor metrics soften. The post XRP Price Analysis: Will Short Squeeze or Sell-Off Drive the Next Move? appeared first on 99Bitcoins.

Metaplanet, Asia’s most aggressive Corporate Bitcoin holder, has added more Bitcoins (BTC) to its kitty. The company filed its purchase on 28 July 2025, stating that it had purchased 780 more BTCs, bringing its total holdings to 17,132. Metapleanet launched its Bitcoin Treasury Operations in December 2024 and has since been hard at work acquiring BTCs using proceeds from capital market activities and operating income. Case in point, just a month ago, Metaplanet had 13,350 BTCs, as opposed to its 17,000-plus today. Incredibly, in the past three months alone, the company’s holdings of BTC have increased by 13000. According to the company’s recent filing on Monday, it paid an average of ¥17.52M (approximately $119,136) per BTC, bringing its total investment in this round to ¥13.67 billion (approximately $92.93 million). This recent purchase follows a sharp uptick in Metaplanet’s share trading activity on the Tokyo Stock Exchange (TSE). The company’s trading volume doubled from ¥997.6 billion (approximately $6.78 billion) to ¥1.86 trillion in June (approximately $12.65 billion) as per TSE’s data. This incline in Metaplanet’s trading volume highlights growing investor interest, in correlation to the company’s continued focus on its digital asset strategy as part of its broader Bitcoin Treasury strategy. Metaplanet’s expansion has been fuelled by successive share issuances and bond redemptions. On 4 and 14 July 2025, the company redeemed ¥12.75 billion (approximately $86.7 million) from its 19th bond series using proceeds from exercised stick acquisition rights. This, as a result, led to the fast dilution of shares. From 30 June to 28 July 2025, many new shares were issued across three programmes, bringing the total number of fully diluted shares to nearly 866 million. Explore: Top 20 Crypto to Buy in July 2025 Metaplanet’s Average Bitcoin Purchase Price Now Stands at $100,504 Per Coin The company employs several performance metrics such as the BTC Yield, BTC Gain and BTC ¥ Gain to assess whether its capital strategy is benefiting its shareholders. These metrics are designed to measure Bitcoin accumulation relative to its expanding share base and estimate potential accretion assuming no dilution has occurred. Simply stated, the metrics track how much BTC Metaplanet is collecting compared to the shares it is issuing. Accounting for dilution, these metrics measure how much BTC Metaplant is gaining per share even as the total number of shares grows. Specifically, between 1 and 28 July, Metaplanet logged a 22.5% BTC Yield that came around to ¥52.5 billion ($357 million). Previous quarters posted better gains with 129.4% in Q2 2025 and 309.8% in Q4 2024. The company is now spending an average of ¥14.78 million ($100,504) per BTC, up from ¥12.94 million ($87,992) at the end of March 2025, highlighting a growing appetite for the asset. Explore: The 12+ Hottest Crypto Presales to Buy Right Now Owning Metaplanet Stock Does Not Equate To Direct Ownership of BTC Metaplanet acknowledges that these metrics are not replacements for traditional financial indicators like cash flow or net income, but maintains that they highlight the company’s BTC per share strategy that might be helpful to long-term investors. Moreover, Metaplanet has yet to issue any dividends and has reminded investors that investing in Metaplanet’s stock does not equate to direct ownership of its BTC holdings. Additionally, the company has warned that its proprietary KPIs exclude factors such as debt and preferred shares, and could overstate performance if viewed outside the broader financial context. Explore: + Best High-Risk, High-Reward Crypto to Buy in July 2025 Key Takeaways Metaplanet added 780 new BTCs to its treasury, taking its total BTC holdings to 17,132 Metaplanet uses in-house metrics, like the BTC Yield, to analyse its capital strategy The company is spending an average of ¥14.78 million ($100,504) per BTC, up from ¥12.94 million ($87,992) at the end of March 2025 The post Metaplanet Adds 780 BTC To Holdings, Surpasses 17000 BTC Mark appeared first on 99Bitcoins.

Adriatic Metals (ASX, LON: ADT) reported strong gains in silver and gold production in the second quarter of 2025, even as it lowered full-year guidance ahead of its planned acquisition by Dundee Precious Metals (TSX: DPM). The company, which operates the Vareš silver-zinc-lead project in Bosnia and Herzegovina, said silver equivalent output rose 23% to 1.7 million ounces in the three months to June 30, up from 1.4 million ounces in the first quarter. The total included 720,449 ounces of silver and 4,840 ounces of gold, both up from 595,993 and 3,998 ounces, respectively. Adriatic also reported increased zinc and lead production, and confirmed that commercial production at Vareš officially began on July 1, just after the quarter ended. The company completed construction of the Veovača tailings storage facility in March, , with first tailings deposited in April. A dedicated road linking the plant to the facility became operational in June. Despite the second-quarter output increases, Adriatic cut its full-year silver equivalent production forecast to between 9.5 million and 10.5 million ounces, down from a previous range of 12 million to 13 million ounces, though still higher year-on-year. The company’s cash balance stood at $59 million on June 30, down from $76 million at the end of March. Adriatic Metals accepted last month a $1.25 billion takeover offer from Dundee Precious Metals, a Canadian gold miner with operations in Bulgaria, Serbia and Ecuador. “Following the board’s recommendation to accept the proposed acquisition of Adriatic by Dundee Precious Metals, we remain committed to maintaining positive operational momentum throughout this transactional period,” Adriatic Metals chief executive officer Laura Tyler said in the statement. The merged company will keep its global headquarters in Toronto, while Adriatic’s UK office will shut down.