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Gold prices soared to a new all-time high on Monday, as a looming US interest rate cut and political uncertainty across the globe buoyed demand for the safe-haven metal. Spot gold rallied as much as 1.6% for a new record of $3,949.71 per ounce, as it continues to build momentum towards the $4,000-an-ounce milestone. US gold futures also rose 1.6% to a high of $3,971.60 per ounce in New York. Click on chart for live prices. With Monday’s moves, gold has now risen nearly 50% so far this year, a record run underpinned by expectations of US rate cuts, sustained central bank purchases, resilient safe-haven demand and broad dollar weakness. Gold prices first broke the $3,000-per-ounce level for the first time in March, then $3,500 in late April. After months of consolidation, the yellow metal awakened again in August, the month preceding the Federal Reserve’s first rate cut. This led to another surge towards $3,800 in late September. $4,000 in sight With a second rate cut expected this month, bullion’s momentum still has not waned, even after seven straight weeks of gains. Several major banks are predicting gold prices to eventually hit at least the $4,000 mark this year. Amongst those were HSBC, Bank of America and Deutsche Bank. UBS, in a note last week, revised its year-end price forecast to $4,200/oz., citing both fundamental and momentum-based reasons. “The fact that we’re so close to $4,000/oz. also suggests that some of the funds might be trying to push it up to get to that mark,” said Edward Meir, an analyst at Marex, in a Reuters note. A slew of political and economic concerns around the world, such as the resignation of France’s new prime minister, rising yields in Japan and an ongoing US government shutdown, is all contributing to gold’s latest rally, he added. Private investors piling into gold-backed exchange-traded funds have also contributed to the latest leg in the rally, with total holdings expanding the most in more than three years last month, according to Bloomberg data. (With files from Bloomberg and Reuters) Sponsored: Secure your wealth today — buy gold bullion directly through our trusted partner, Sprott Money.

The European Commission is planning major reforms that would make the EU’s (European Union) financial regulator, ESMA’s (European Securities and Markets Authority) oversight a lot more expansive. If the motion goes through, ESMA would be in charge of directly overseeing stock exchanges, crypto companies and clearing houses across the EU bloc. In an article published by the Financial Times on 6 October 2025, Verena Ross, ESMA’s Chair, explained that the main goal is to fix the fragmented nature of Europe’s financial systems and build a stronger, more unified market. “This would provide a key impetus towards having a capital market in Europe that is more integrated and globally competitive,” she said. With the new proposal, control of financial sectors like crypto exchanges and custodians will change hands from national regulators to ESMA. These firms are currently governed by the EU’s Markets in Crypto Assets (MiCA) framework. Instead of giving ESMA full oversight as originally planned, individual countries kicked the responsibility down the curb due to concerns about ESMA’s capacity. Ross confirmed that this setup has led to inefficiencies and uneven enforcement. “It clearly takes a lot of effort from us and the national supervisors to achieve alignment,” she said. “Specific new resources had to be built up 27 times, once in each member state, which could have been done more efficiently at a European level,” she added. The review further emphasised that several key issues were not properly addressed during the approval process, while analysing Malta’s overall supervision, licensing procedures and regulatory tools. ESMA stressed that under the MiCA framework, EU countries need to follow consistent rules when licensing and overseeing crypto companies. EXPLORE: 9+ Best Memecoin to Buy in 2025 Key Takeaways ESMA flagged Malta’s crypto licensing for missing key risk assessments during approval EU seeks consistent crypto oversight under MiCA to avoid fragmented supervision across member states Smaller countries resist centralising power at ESMA, fearing regulatory overreach The post EU Shoots For ESMA Oversight Over Crypto And Equities appeared first on 99Bitcoins.

New high-grade structures discovered by Torex Gold Resources (TSX: TXG) during drilling at its ELG underground mine in Mexico could help the company achieve a goal of extending the deposit’s operating life beyond 2029. Highlight hole LS-414 cut 21 metres grading 27.99 grams gold per tonne and 4.9 grams silver from 66 metres depth, Torex said Monday in a statement. Another hole, LS-424, cut about 27 metres at 16.99 grams gold and 2.5 grams silver from 153 metres downhole. Extending ELG’s life would allow Torex to keep annual production above 450,000 gold equivalent oz. beyond 2030. “Results demonstrate the underlying resource potential of the ELG deposit, with potential to expand and upgrade resources” later this year, National Bank Financial mining analyst Don DeMarco said in a note Monday. Torex shares rose 4.3% to a record C$61.71 Monday morning in Toronto, boosting the company’s market value to about C$5.3 billion ($3.8 billion). The stock has more than doubled this year along with rising gold prices. Resource extensions Assay results released Monday cover the 25,163 metres that were drilled between February and July. Torex has now reported results for about three-quarters of its planned 48,000-metre full-year drilling program. Toronto-based Torex expects to spend $12 million this year on drilling at ELG, where four rigs are now deployed. Results so far confirm the grades and continuity of mineralization within the resource and show high-grade mineralized resource extensions, the company said. The high-grade mineralization found during the latest round of drilling runs along two second order structures running parallel to both the El Limón Sur and Sub-Sill trends. The discovery of these new structures “shows that the mineralized potential of this deposit is yet to be fully defined and indicates a strong potential to continue to expand resources and replace reserves year after year,” Torex said. Other drilling highlights include hole LS-403 along the El Limón Sur trend, which cut 29 metres grading 6.98 grams gold and 22.7 grams gold from 96 metres downhole, and hole SST-406 along the Sub-Sill trend, which intersected 15 metres at 3.25 grams gold and 9.5 grams silver from 31 metres depth. “We continue to be impressed by the drilling results at ELG underground,” CEO Jody Kuzenko said. “The discovery of second order mineralized structures parallel to the El Limón Sur and Sub-Sill trends underpins our belief that we have yet to unlock the full geologic potential of this deposit.” Strong indication High grades offer “a strong indication that we will be able to add to the resource inventory with our year-end mineral reserves and resources update in March 2026,” she added. Located about 180 km southwest of Mexico City, in the Guerrero gold belt, ELG is part of Torex’s 290-sq.-km Morelos complex. Besides ELG underground, Morelos also includes the ELG open-pit and Media Luna underground mines, the development-stage EPO underground deposit, a processing plant and related infrastructure. Commercial production at ELG began in April 2016. The mine churned out 452,523 oz. of gold last year, helping Morelos retain its title as Mexico’s largest gold producer. ELG underground has measured and indicated resources of about 8.5 million tonnes grading 4.65 grams gold and 8.4 grams silver for contained metal of about 1.3 million oz. gold and 2.3 million oz. silver. Measured and indicated resources for all of Morelos total about 45.7 million tonnes grading 3.21 grams gold and 26.5 grams silver for contained metal of 4.7 million oz. gold and 38.9 million oz. silver.

Copper prices fell on Monday, giving back part of last week’s strong gains even as supply concerns persist following deadly disruptions at Indonesia’s Grasberg mine. Benchmark three-month copper on the London Metal Exchange (LME) slipped 0.7% to $10,639.50 per tonne by mid-afternoon trading, erasing earlier advances. The decline followed copper’s biggest weekly gain in a year. On the CME, three-month futures traded at $11,115 per tonne ($5.0525 per pound), down 1% for the day. Click on chart for live prices. A stronger US dollar weighed on prices. The greenback advanced after France’s prime minister announced his resignation and Japan appeared set to appoint a pro-stimulus leader. A firmer dollar typically pressures commodities priced in the currency, making them more expensive for buyers using other currencies. Grasberg tragedy deepens supply risks The copper market remains on edge over tighter supply amid disruptions at major operations. Freeport-McMoRan (NYSE: FCX) declared force majeure at its Grasberg copper and gold mine last month after mud flooded underground tunnels, forcing production cuts. On Sunday, the company confirmed that all seven workers missing after the incident have been found dead, following the discovery of five additional bodies. Grasberg, located in Papua, is the world’s second-largest copper mine and a key global supply source. Macro focus shifts to US data and Fed policy Investors will turn their attention later this week to US economic data, including jobless claims and inflation expectations, though releases may be delayed due to the ongoing government shutdown. Comments from Federal Reserve officials also influenced sentiment. Dallas Fed President Lorie Logan said on Friday that the central bank remains further from its inflation target than from maximum employment, signaling caution on rate cuts. Analysts expect that an eventual easing cycle could support copper and other commodities by weakening the dollar. However, Jefferies analyst Christopher LaFemina warned that aggressive monetary easing could fuel an inflationary spike in commodity prices that risks damaging economic growth.

Coinbase has just made a big move to make sending crypto as simple as shooting off a text. They’ve introduced a new peer-to-peer (P2P) payments feature that lets you send USD Coin ($USDC) to anyone, anywhere in the world, instantly and with no fees. The best part? You don’t need a complicated wallet address. You can use a phone number, an email address, or even a shareable link. It’s a massive step toward making crypto payments feel effortless and familiar, just like managing your crypto assets with Best Wallet and its native token $BEST. Why This Changes the Game The new feature represents a significant step in integrating cryptocurrency into our daily lives. For years, one of the biggest roadblocks for new users has been the clunky and intimidating nature of crypto addresses. Coinbase has basically solved the problem, making it a breeze for you to send money. You can now send money instantly, 24/7, without waiting for a bank to open. And it’s free, even for international payments. This puts Coinbase in direct competition with traditional payment services that often charge hefty fees for cross-border transfers. The move comes as the entire stablecoin market is booming, now worth over $300B, showing that people are increasingly seeing the value in digital dollars. By making it this easy and affordable, Coinbase is not just simplifying transactions; they’re helping to create a more inclusive and connected financial world. And if we’re talking about connectivity, we’d be remiss not to mention Best Wallet. Best Wallet: Your Tool for a Smoother Experience Best Wallet is a mobile-first crypto platform designed to be your one-stop for managing all your digital assets. It’s a non-custodial wallet, meaning you have total control, unlike with a centralized exchange. What sets it apart is its all-in-one approach. It goes beyond simple storage, allowing you to buy, sell, swap, and manage crypto across seven different blockchain networks, including Ethereum and BNB. Plans are in place to expand this to over 60 blockchain networks in the future. Best Wallet integrates a DEX, an upcoming Best Card that allows you to spend your crypto anywhere that accepts Mastercard, and real-time market analytics to provide a comprehensive Web3 experience. It also uses advanced security measures, including biometric authentication and a system that eliminates the need for a traditional seed phrase. Check out why it made the top of our ‘Best DeFi Wallet’ list here. The Benefit of Best Wallet ($BEST) Token The $BEST token is the native utility and governance token for the Best Wallet ecosystem, and holding it provides several key benefits. It’s designed to give you a deeper role and economic incentives with the platform. For starters, you get reduced transaction fees on swaps and trades within the wallet. It also gives you early access to new token presales through its ‘Upcoming Tokens’ feature. Also, you can earn higher staking rewards and get voting rights to participate in the platform’s future development. $BEST is central to the entire ecosystem, creating a symbiotic relationship between the wallet’s use and the community of users. You can buy your $BEST now for $0.025745, and don’t forget to take advantage of 81% staking rewards as well. But hurry, as a price increase is looming! Our experts anticipate it potentially reaching $0.035215 by the end of 2025, resulting in a 36% increase from today’s price. Remember, this isn’t intended as financial advice, and you should always do your own research before investing. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/coinbase-adds-p2p-payments-as-best-wallet-benefits

Will 2025 be defined by stablecoins and DeFi? Well, it appears to be the case. As soon as PancakeSwap announced the launch of a new launchpad, CakePad, CAKE USD zipped higher. CAKE USDT is now at around 2025 highs, and going by recent performance, it is safe to say CAKE crypto is preparing for a leg higher, perhaps to $5. Who knows. A big part of CAKE crypto’s success has to be with the exploding BNB crypto price. BNB USD is now trading above $1,200, and buyers are also eyeing new all-time highs, even to $2,000 by the end of this bull cycle. Being Uptober, hopium is high, and savvy investors are also bidding up, looking for 100X coins to go all in on. According to DefiLlama, PancakeSwap now manages over $2.6Bn in assets. Like Uniswap in Ethereum, PancakeSwap is the king in the Binance Smart Chain (BSC) ecosystem. In the last 30 days alone, it has generated over $39M in trading fees, $10M in the last week. (Source: DefiLlama) DISCOVER: Best New Cryptocurrencies to Invest in 2025 Will CAKE USD Zip To $5? The total value locked (TVL) in PancakeSwap alone suggests that many folks trust the DEX. Second, for value traders, the revenue generated by the dapp translates to activity, which, in turn, props up prices. CAKE is PancakeSwap’s governance token, and holders can vote on proposals or even stake. As of October 6, CAKE crypto stakers received +11.67% in APY, better than lending USDC on Maple Finance. (Source: Coinbase) Gauging trader sentiment reveals that most traders are net bullish. The average long/short ratio on Binance is 2, meaning traders are stacking long positions. What’s more? Accompanying the expansion earlier today is rising trading volume, suggesting that traders are actually opening up new positions. Rising open interest confirms this assumption. Open interest measures the total number of leveraged open positions. Since October 1, CAKE crypto open interest has more than tripled, from below $60M to as high as $180M on October 4. (Source: Coinglass) Looking at the CAKE USDT chart, CAKE crypto is within a bullish breakout formation. After the surge past $3.1 and September 2025 highs, buyers are now targeting December 2024 highs of approximately $4.5. Should CAKE crypto bulls press on, the next feasible target will be $5 and higher. Market Cap 24h 7d 30d 1y All Time On X, one analyst said $5 is a “technical target” that, once broken, would confirm a breakout above the ascending triangle. Some of the top U.S. equities now available for trading include Google, Meta, and Nvidia stocks, tradable with a 25X leverage. DISCOVER: 9+ Best Memecoin to Buy in 2025 PancakeSwap DEX CakePad, Stock Trading: CAKE USD To $5? PancakeSwap is a top DEX on the BSC CAKE USD traders targeting $5 DEX now supports stock trading with up to 25X leverage PancakeSwap announces CakePad The post PancakeSwap DEX Tirelessly Churning New Features: Is CAKE USD Ready For $5? appeared first on 99Bitcoins.

Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On Monday before stock markets opened, Toronto-based Barrick announced the surprise resignation of president and CEO Mark Bristow, who stepped down without explanation after more than six years in charge. That same morning, larger US-based rival Newmont (NYSE: NEM) said CEO Tom Palmer would retire from his position Dec. 31 and make way for chief operating officer Natascha Viljoen. Mining analysts insist the moves are coincidental. Bristow’s departure came less than two weeks after Barrick said its Fourmile project in Nevada has the potential to produce as much as 750,000 oz. of gold per year, which would position it as one of the most significant discoveries of the past 25 years. The disclosure, made Sept. 15, sent Barrick’s Toronto-traded shares up about 20% over the following six trading sessions. “We see a potential shift in the company’s strategy” with Bristow’s exit, Jefferies Securities mining analyst Fahad Tariq said this week in a note. “Given the market’s recent positive reception to Barrick’s growing Fourmile deposit in Nevada, we see focus turning to that region. We would not be surprised if the company reduces exposure to geopolitically sensitive regions.” Spokespeople for Barrick and Newmont didn’t immediately respond to e-mailed requests for comment for this story. Barrick shares lag Under Bristow’s leadership, Barrick’s share price has underperformed those of its global peers due to surging costs and repeated profit-target misses. Through Thursday, Barrick’s Toronto-listed shares have increased about 2.6 times since January 2019, trailing the fourfold increase of the TSX Global Gold Index and the tripling of Newmont’s US-listed shares. Barrick fell 0.3% to C$47.24 apiece Friday afternoon in Toronto, cutting the company’s market value to about C$80 billion ($57 billion). Newmont, meanwhile, rose 0.5% to $86.90 in New York. Bristow’s departure “was a decision of the board and may have been related to stock underperformance vs peers in recent years,” BMO Capital Markets analyst Matthew Murphy said in a note. “The market may also speculate about value-creation opportunities to offset any potential decline in multiples.” Historic climb The leadership changes took place during a week when gold reached yet another historic high, touching $3,895.09 per oz. on Wednesday. That boosted the yellow metal’s gain since the start of the year to about 45%. Fueled by strong structural demand from central banks and easing from the US Federal Reserve, gold could hit $4,000 an oz. by mid-2026, Goldman Sachs forecast Tuesday. Central banks – especially those in emerging markets – have stepped up the pace of gold purchases about fivefold since 2022, and the New York-based investment bank expects them to keep accumulating bullion for three more years. “We view this as a structural shift in reserve management behavior, and we do not expect a near-term reversal,” Goldman Sachs analyst Lina Thomas wrote. Varied portfolio Some investors have shunned Barrick stock due the company’s geopolitical-risk profile. This includes Barrick’s decision to operate mines in Mali and a planned multi-billion-dollar investment in the Reko Diq project in Pakistan, Tariq said. Barrick’s asset portfolio now spans 18 countries and four continents. It includes 14 gold mines and three copper mines. North America accounts for 46% of Barrick’s gold production, compared with 37% for African and Middle East operations and 16% for Latin America and Asia Pacific, company data show. It’s a different story in copper, where Africa and Middle East operations make up 79% of total output, compared with 21% for Latin America and Asia Pacific. Feats and fights A South African national, Bristow joined Barrick in 2019 following the company’s merger with Jersey, UK-based Randgold Resources. Key achievements on his watch include the integration of Randgold, $6.7 billion in shareholder returns and major cuts in debt. He also leaves with the company mired in an increasingly bitter dispute with Mali over the Loulo-Gounkoto gold complex. Barrick suspended operations at the mine, its largest African asset, in January after Mali’s military government seized about three tonnes of gold over alleged unpaid taxes. Having demanded a greater share of profits, Mali jailed four Barrick employees last November. It also issued an arrest warrant for Bristow the following month, blocked exports and placed Loulo-Gounkoto under state control. That led Barrick to book a $1 billion impairment charge in August and slash the carrying value of its 80% stake in the mine. “As a standalone company or in a takeover, we expect that rationalization of Barrick’s portfolio would make sense, as we believe operational underperformance was a symptom of too many assets to manage,” CIBC Capital Markets analyst Anita Soni said this week. Merger of giants? News of the CEO change “will spark investor interest in Barrick, with Newmont potentially interested,” she added. Colorado-based Newmont and Barrick know each other well. The companies are partners in Nevada Gold Mines, the world’s largest gold mining complex. Barrick owns 61.5% of the JV and is the operator, while Newmont holds the 38.5% balance. The complex contains nine underground mines, 12 open pit operations, two roaster facilities, two autoclave facilities, 1 flotation mill, two oxide mills, eight heap leach facilities, 14 ranches, two power plants and one warehouse. While Barrick owns 100% of Fourmile, the project will eventually be rolled into the company’s Nevada Gold Mines joint venture with Newmont at fair market value if certain criteria are met. Barrick has said it plans to advance Fourmile over the next few years. It expects to complete a feasibility study around 2029. An updated preliminary economic assessment released last month outlined average output of about 600,000–750,000 oz. gold a year over more than 25 years on 1.5–1.8 million tonnes of mined material. Initial capital was pegged at about $1.5–1.7 billion, with a life-of-mine all-in sustaining cost of about $650–$750 per ounce, Barrick said. Value driver Fourmile’s future advancement “both increases the medium-term growth outlook for the company and presents a significant value driver given the high-grade nature of the deposit and proximity to existing infrastructure,” National Bank Financial analyst Shane Nagle said. Nevada Gold Mines’ increased value “presents a more economical opportunity for Newmont to acquire Barrick ahead of more significant advancement,” Nagle added. Still, he said, “government/regulatory approvals are likely to impede any planned combination.” None of this will be a matter for Bristow – though perhaps it will be for his immediate successor, Mark Hill, a 20-year company veteran who was named interim CEO. Hill previously oversaw the miner’s Latin American and Asia Pacific regions. Barrick’s board is conducting a global search for a permanent successor to Bristow with the help of an external search firm. It hasn’t disclosed a timeline.

The Cardano price is showing signs of strength, with one analyst suggesting it may be preparing for a rally to reach $7.82 during this bull run. Crypto analyst Javon Marks believes Cardano is now following the same bullish path that it did in the last market cycle. He explains that after breaking out before, Cardano met its price targets and showed strong technical performance. According to Marks, the same phenomenon is repeating itself in this cycle, suggesting that ADA could be on track to reach new highs. Many traders are closely watching as the token exhibits growing signs of upward momentum during this bull run. Analyst Javon Marks Sees Cardano Price Repeating Its Historic Breakout Pattern In his latest analysis, Javon Marks states that Cardano has broken out again, just as it did during the past bull market. He points out that in the last cycle, ADA broke through key resistance levels and went on to meet three of its primary price targets. That rally yielded strong returns, and Marks believes the setup on the chart today looks almost identical to it. According to his view, Cardano’s technical structure remains bullish and continues to build momentum. The breakout that recently formed could mark the start of another significant move higher if price patterns repeat as they have in the past. Mark notes that ADA’s chart is showing the same curved breakout formation that led to significant gains last time. This chart formation is why he believes Cardano is still in the early stages of a potential new rally phase. The analyst notes that Cardano’s trend and structure both indicate that its upward move is still in development in real-time. He says this breakout has happened quietly, yet it could build into a much larger run as the market gains confidence. Javon Marks’ analysis suggests a growing conviction that Cardano’s recovery has genuine strength behind it, with room to continue climbing if it sustains the current momentum. $ADA Could Surge 800% To $7.82 If Momentum Holds Javon Marks also shared his specific targets for where Cardano’s price could go next. He explains that the first primary upside target is around $2.77, which would represent a gain of more than 221% from current prices. Marks believes this first move would only be the beginning if ADA performs like it did in the previous cycle. If the same type of rally repeats, Marks projects that Cardano could climb all the way to around $7.82. That would mean an increase of more than 800% from current price levels. He says the price action so far shows that ADA is still “on track to meet targets,” just as it did during the last significant breakout period.

It’s an exciting time for $BTC as Bitcoin treasury companies added $1.2B in BTC to their reserves last week, while analysts speculate that Bitcoin’s new all-time high resulted from Bitcoin ETFs. Metaplanet led last week’s Bitcoin purchases by buying 5,258 Bitcoins on Wednesday, while Strategy continued to accumulate with an additional 196 Bitcoins bought. However, while Bitcoin treasuries undoubtedly contributed to Bitcoin’s rally that pushed the price above $125K, the main driver of recent price action is spot Bitcoin ETFs, which saw a net inflow of $3.24 billion last week. Analysts predict that altcoins like Bitcoin Hyper ($HYPER), which are fundamentally linked to Bitcoin’s success as an asset, are expected to rally as a result. We’ll discuss why $HYPER might succeed in a moment, but let’s focus on where the Bitcoin activity is happening first. Why is the Price of Bitcoin Spiking? It’s a mix of growing distrust in the USD and increasing demand for Bitcoin. The US dollar experienced its worst first half of the year since 1973, prompting traders to seek alternative assets not tied to the dollar to preserve value. Consequently, Bitcoin has surged, nearly doubling over the past year. ETFs are driving much of the activity in a shrinking Bitcoin supply. By August 11th this year, crypto ETFs had accumulated $29.4B in inflows. Last week was the second-best week for Bitcoin ETFs to date, after November 2024’s record-breaking $6.2B in $BTC inflows. According to financial research company River, demand is quickly surpassing supply for Bitcoin. In 2025, ETFs are buying about 1,430 $BTC on average each day. ETFs now hold over 1.5M Bitcoin, with industry giant Strategy owning 3% of the total possible global supply of $BTC. Bitcoin inflows are beneficial for the entire industry, as capital from Bitcoin tends to trickle down into other altcoins over time. That’s great news for projects like Bitcoin Hyper ($HYPER), which is betting on the long-term value of the Bitcoin network. Bitcoin Hyper – A Layer-2 Solution Hypercharging the Bitcoin Network with Faster Speeds and Lower Fees $HYPER is the official token for Bitcoin Hyper, a project that’s hypercharging the Bitcoin network with a Layer-2 solution powered by a Solana Virtual Machine (SVM). Institutional interest in $BTC only continues to grow, making it one of the best investment cryptos on the market. However, it’s pretty challenging to use in day-to-day life due to slow clearing speeds and high transaction fees. Part of this is due to scalability: The Bitcoin network only processes around 7-10 transactions per second, which slows down the network as more users buy $BTC. That’s where Bitcoin Hyper comes in. It utilizes an SVM-powered Layer 2 to handle thousands of transactions per second, while also supporting dApps. Whether you want to trade NFTs, swap crypto, or use DeFi apps, Bitcoin Hyper can handle it all while you keep your hands on your $BTC for long-term growth. Transferring $BTC between the Layer 1 and Layer 2 networks is handled by a Canonical Bridge. When you send your $BTC to the address on the Layer 1, it’s held in custody while an equivalent amount of wrapped $BTC is minted on the Layer 2. It all works thanks to $HYPER, the official utility token of Bitcoin Hyper. Using $HYPER reduces the fees you pay for crypto swaps and smart contract executions, allowing you to maximize the value of your $BTC. Holding $HYPER also gives you access to the Bitcoin Hyper DAO, letting you vote on the direction of the Bitcoin Hyper network. Additionally, some features in Bitcoin Hyper dApps will be gated, allowing only $HYPER holders to access them. The Bitcoin Hyper presale has already attracted over $21.7M in token purchases to date, increasing the price to $0.013065. You can buy now and receive up to 55% in staking rewards per annum, but time’s running out – it’s a dynamic presale, so those offers won’t be around forever. Purchase $HYPER today while Bitcoin is still taking off. All crypto products are volatile. Make sure to always do your own research before investing and only invest what you’re prepared to lose. This article is not financial advice. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/bitcoin-etf-second-largest-weekly-inflow-bitcoin-hyper

Imagine working outside your home country and wanting to send some money back home, say $500. Traditional remittance apps charge high fees, take days and sometimes require your relatives to travel to a bank or an agent. Now flip that! What if they could receive the money instantly on their phone, in stablecoins and spend it directly in local shops or convert it into cash? That is exactly what the CELO crypto enables. But what exactly is .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Celo CELO $0.4536 8.16% Celo CELO Price $0.4536 8.16% /24h Volume in 24h $290.41M Price 7d Nightfall’s latest version, Nightfall_4, uses zero-knowledge proofs to enable private transfers of multiple token types, including ERC-20, NFTs, and more. Transactions are bundled using a ZK-ZK rollup, which keeps them fast, scalable, and up to ten times cheaper than conventional blockchain transfers. Further to this, it also removes the need for intermediaries, making it ideal for high-value use cases like supply chain finance and cross-border settlements. With support for native USDT and USDC, gas fee abstraction, and auditable privacy, CELO is now a serious contender for global enterprise finance. EXPLORE: Best New Cryptocurrencies to Invest in 2025 Key Takeaways CELO Crypto surged 72.5% in 5 days after deploying EY’s Nightfall Layer 3 privacy protocol Nightfall enables private, low-cost enterprise payments using zero-knowledge rollups and stablecoins CELO’s mobile-first design powers 10M+ wallets, positioning it for global B2B adoption The post CELO Crypto Soars +25% On Nightfall Launch. Is This The Breakout Moment For Enterprise-Grade Crypto Payments? appeared first on 99Bitcoins.

Bitcoin’s wonderful rally to a new all-time high of $125,700 on Sunday was met almost immediately by a sharp correction. This sudden pullback, which is expected given the all-time high, saw Bitcoin break below $123,000 in less than two hours after the new record. Interestingly, on-chain data shows a notable increase in whale activity during and after the all-time high to and from exchanges. One such example is a massive $200 million Bitcoin transfer into Binance, a move that appears to have been a calculated profit-taking action by a whale address. Whale Profit-Taking Contributes To Selling Pressure Shortly after Bitcoin hit its record high, blockchain data first revealed by whale transaction tracker Whale Alert on X shows that a whale address identified as “3NVeX” transferred a total of 1,550 BTC, worth nearly $200 million, to Binance in two separate transactions. The first transaction involved the transfer of 800 BTC worth $100 million, followed by another transfer of 750 BTC worth $93.7 million. The timing of these transfers coincided almost perfectly with the recent price top, and the whale most likely sold into the rally. Once the transfers were completed, the wallet held only about 0.1 BTC, meaning the whale had sold off most of their holdings. According to data from whale transaction tracker Whale Alert shared on X, the number of large Bitcoin transfers to and from exchanges has increased notably over the past few days. Several multi-million-dollar transactions, each exceeding $10 million, have been spotted moving between private wallets and major trading platforms such as Binance and Coinbase. Another notable example is the transfer of 401 BTC worth $50.2 million from an unknown wallet address “1Jip8s” into Coinbase Institutional. Not long after, 401 BTC were sent from an unknown wallet “1E8p4n” into Coinbase Institutional in another separate transaction. Altogether, the sudden wave of high inflows across multiple platforms paints a clear picture of whales locking in profits after Bitcoin’s all-time high. Bitcoin Price Outlook Bitcoin’s price quickly slipped below $123,000 following the whale-triggered selloff, before rebounding to around $122,530. The pullback was relatively modest compared to previous all-time highs, but it nonetheless served as a reminder of how easily large holders can influence price action. Despite the brief downturn, the correction may prove healthy for Bitcoin’s rally. It allows overheated momentum to cool off and sets the stage for a more sustainable advance once selling pressure eases. Data from Whale Alerts shows cases of millions of dollars worth of BTC also leaving crypto exchanges for private, unknown wallets. At the time of writing, Bitcoin is trading at $123,380. As long as Bitcoin maintains support above $120,000, its long-term outlook remains bullish, and it may as well create a new all-time high before the week runs out. This also depends on how well Spot Bitcoin ETFs perform this week.

Freeport-McMoRan (NYSE: FCX) has recovered the bodies of all seven workers who went missing at the Grasberg copper mine in eastern Indonesia, following a mudslide last month that halted production at the site. The last five miners were found on Sunday, concluding a weeks-long search effort after 800,000 tonnes of wet material swept through the site in early September. Grasberg is the second-largest copper mine in the world and a critical asset for Freeport’s Indonesian operations. One of the identified victims was Victor Bastida Ballesteros, a Chilean national. The remaining victims are undergoing formal identification. “We are grieving for our seven coworkers lost in this tragic incident and extend our sincere condolences to the families who lost loved ones,” chairman Richard C. Adkerson and president and chief executive officer Kathleen Quirk said in a statement. “We appreciate the extraordinary efforts of the emergency response team who worked tirelessly to locate our coworkers”. Grasberg accounts for half of Freeport Indonesia’s reserves and is expected to provide about 70% of its copper and gold output through 2029. The company expects full operations to resume by 2027, with some unaffected areas possibly restarting later this year. Freeport has declared force majeure on its Indonesian shipments and cut production guidance for both this year and next. Copper output in the fourth quarter will be “insignificant,” and sales guidance for 2026 is down 35%. Global supply squeezed Benchmark Mineral Intelligence (BMI) estimates the cumulative loss between September 8 and the end of 2026 will reach nearly 600,000 tonnes of contained copper. This us roughly equal to the forecast 2026 output at Chile’s Collahuasi mine, the world’s third-largest. The Grasberg disruption adds to mounting global supply pressures. In July, five workers died at Chile’s El Teniente mine, prompting a week-long shutdown. n September, Hudbay Minerals suspended operations at a mill at its Constancia site in Peru due to political unrest. Copper prices are now approaching record highs, driven by tightening supply, looser US monetary policy, and a weaker dollar. Freeport says it is cooperating with the Indonesian government to investigate the incident, which it called unprecedented. The mine remains shut.

One of the world’s oldest investment institutions, Morgan Stanley, has advised clients to allocate 2-4% of their investment portfolios to crypto. With a strong spotlight on Bitcoin as a “scarce asset, akin to digital gold,” Morgan Stanley’s suggestion is a pivot in Wall Street’s stance toward digital assets. On 5 October 2025, Morgan Stanley’s Global Investment Committee (GIC) formally released a set of portfolio allocation guidelines, wherein “opportunistic growth portfolios were suggested up to 4% crypto allocation.” Meanwhile, Bitcoin price (BTC) climbed to a new all-time high overnight, reaching about $125,700 during Sunday’s Asia session before pulling back to the low $123,000 range. Commenting on the Morgan Stanley’s pivot, Bitwise CEO Hunter Horsley said, “This is huge. New Special Report from Morgan Stanley GIC: “we aim to support our Financial Advisors and clients, who may flexibly allocate to cryptocurrency as part of their multi asset portfolios.” GIC guides 16,000 advisors managing $2 trillion in savings and wealth for clients.” In Horsley’s opinion crypto is entering into its mainstream era. EXPLORE: Best Crypto To Buy in Q4 2025 Is Morgan Stanley Late? GIC Considers Crypto As An “Increasingly Popular Asset Class” The crypto community on X is divided on the institute’s “up to 4%” guidance. While some welcome the move, others criticise it for “too late” and “too little” aka 4%. For “balanced growth,” Morgan Stanley recommends up to 2% crypto allocation. However, it is still taking a cautious approach as it recommends 0% crypto exposure for “wealth preservation and “income” portfolios. In September 2025, Morgan Stanley also announced its decision to offer crypto trading on E*Trade platform through Zerohash tie-up. A Morgan Stanley spokesperson confirmed that at launch, E*Trade clients will be able to trade bitcoin , the world’s largest crypto token, as well as ether and solana. Read More: Bitcoin Price Prediction: BTC Price Sets New All-Time High Bitcoin Climbs To New All-Time High Market Cap 24h 7d 30d 1y All Time Bitcoin’s rally to $125k extended an eight-day winning streak and came as spot ETF inflows surged alongside a weaker US dollar amid renewed concerns over a potential government shutdown. The move surpassed Bitcoin’s previous mid-August peak, marking another milestone in the asset’s strongest run since early 2024. Price action turned volatile near 12:45 am ET, when BTC spiked to new highs before slipping a few thousand dollars. Can Morgan Stanley’s endorsement further increase BTC demand? DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 Key Takeaways History shows institutional buy-in often precedes major market rallies. Institutional adoption has long been the “holy grail” for crypto enthusiasts. When companies like MicroStrategy, Tesla, and now top-tier wealth managers add Bitcoin to their balance sheets or client portfolios, it acts as a powerful endorsement that can draw in billions of dollars in new investment. The post Wall Street Pivots: Morgan Stanley Officially Recommends Exposure To Crypto, Especially Bitcoin appeared first on 99Bitcoins.

XRP is pressing against a structurally important ceiling at roughly $3.10, and a clean breach could open the way to $9, according to crypto analyst The Great Mattsby (@matthughes13). In a video analysis published on October 5, the analyst anchors his outlook in multi-cycle Fibonacci extensions, Ichimoku trend support and long-term moving averages, arguing the market is staging an unusually strong basing pattern at historically elevated levels. XRP On The Verge Of A $9 Explosion At the core of Mattsby’s framework is a Fibonacci extension suite calibrated from the December 2013 top to the July 2014 bottom. He highlights the 2.272 extension—around $3.09986—as the decisive resistance that has repeatedly capped monthly closes. “XRP is still battling… this $3.10 zone. This is the 2.272 Fibonacci extension level… we’ve never seen a monthly candle close above that 309986,” he said, noting that the same extension grid “was the exact 2018 top,” while “extensions below the 1.272 was the bottom in April 2020.” On his read, the confluence lends credibility to the next extension target: “The next level is $9… So essentially, it’s only a matter of time.” Trend metrics, he argues, have supported the advance without breaking structure. On the monthly timeframe, XRP has “been maintaining and riding [the Ichimoku] conversion line as a support ever since it broke out in November of last year.” He identifies that conversion line near $2.63 and emphasizes that “it has never closed any kind of monthly candle below it.” On the weekly chart, he points to the 50-week simple moving average—now near $2.37—as still “catching up to price,” one of the few large-cap altcoin charts, in his view, that “has never even touched the 50-week moving average since it broke out.” That gap, he suggests, explains the rhythm of ongoing consolidation while preserving an underlying uptrend. XRP Has Never Done This Before The market structure, Mattsby contends, is constructive: a breakout, retest and series of higher highs and higher lows at elevated levels. On the highest-level view, he frames the price action as a regime shift from resistance to support across cycles. “This is the previous resistance zone… 2021 it was the top. 2017–2018 it was the top—not including the wicks. But now this box we are actually just flipping it to support, building a base on top of it,” he said. He called that flip “the most bullish thing ever on any chart,” adding, “This has never happened for XRP.” Mattsby repeatedly returns to the same trigger: a decisive monthly close through the $3.10 area. “We should be excited because once this $3.10 gets broken, it’s going to go higher, right? It’s going to go to probably $9, maybe even higher, maybe $13, maybe more,” he said. While he allows for “more weeks of consolidation” and even a liquidity sweep into the “$2.80s, $2.70s,” he argues those moves would be noise within a larger uptrend defined by compression against the $3.10 lid and the stair-step advance of trend supports. “It’s not if, it is when. Because this is a super bullish chart,” he said, urging viewers to “Watch $3.10… Once that breaks, the true excitement can begin.” In practice, the roadmap he lays out is simple: protect the long-term trend markers while the 50-week average closes the distance, keep monthly structure above the Ichimoku conversion line near $2.63, and respect the historical importance of the $3.10 extension. A monthly close through that level would, in his framework, confirm the next Fibonacci waypoint at $9. “One of these weeks we might be able to see a bullish engulfing candle just breaking through multiple levels and just continuing higher,” he said. Until then, he characterizes the price action as a high-level base “building… for almost a whole year,” an atypically strong setup for XRP across its multi-cycle history. At press time, XRP traded at $2.99.

While Bitcoin is hitting new all-time highs and Ethereum is also heading for its own highs, the European regulator is preparing to tighten oversight of the crypto sector. All of this is part of the broader EU financial regulatory reform. To overcome regulatory fragmentation and improve supervisory efficiency for large companies operating across multiple countries, the European authorities plan to shift some powers from the national level to a pan-European one. The goal is to increase transparency, reduce risks, and enhance investor protection in the digital asset space. A key element of the upcoming changes will be stricter requirements for companies providing cryptocurrency-related services. This includes exchanges, custodial services, and digital asset issuers. The regulator intends to introduce clear licensing and supervisory frameworks, similar to those already in place for traditional financial institutions. The reform will also cover anti-money laundering (AML) and counter-terrorism financing (CTF) measures. Crypto companies will be required to implement more rigorous client identification and transaction monitoring procedures — a response to concerns over the use of digital assets for illicit purposes. In addition, European officials are increasingly concerned about the potential risks to financial stability posed by the rapid growth of the crypto market. As a result, they plan to develop oversight mechanisms for systemically important players in the sector. Although tighter regulation could pose challenges for crypto business development, many market participants welcome the European regulator's initiative. They argue that clear rules are necessary but should be introduced gradually. This approach could attract more institutional investors and improve overall trust in digital assets. Ultimately, the reform aims to foster a more resilient and secure crypto market in Europe — not to stifle or destroy it. Trading recommendations Bitcoin technical outlook Buyers are currently targeting a return to the $125,500 level, which would open the way toward $127,700, and from there it's a short climb to $130,200. The furthest target lies around $131,400 — a breakout above this level would signal further strengthening of the bull market. In case of a pullback, buyers are expected around the $123,000 level. A drop below this area could quickly push BTC down toward $120,900, with the final downside target being $119,100. Ethereum technical outlook A confirmed breakout above $4,616 opens the road to $4,697. The furthest target lies around $4,784, and a move above this level would indicate renewed bullish momentum and growing buyer interest. If ETH declines, support is expected near $4,533. A fall below this level could quickly bring Ethereum down to $4,432, with the furthest downside target at $4,331. What's on the chart The red lines represent support and resistance levels, where price is expected to either pause or react sharply. The green line shows the 50-day moving average. The blue line is the 100-day moving average. The lime line is the 200-day moving average. Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market. The material has been provided by InstaForex Company - www.instaforex.com

Global markets are buzzing: gold is storming all-time highs, Bitcoin is once again proving it can rival the dollar, BlackRock is doubling down on AI infrastructure, and Tesla has released a mysterious announcement that could upend the electric vehicle market. In this review, we cover everything driving markets today: from the luster of gold and digital optimism to billion-dollar deals and Elon Musk's ambitions, along with practical ideas for those seeking to turn volatility into profit. Gold storms records: factors behind historic rally and ways to capitalize Against the backdrop of the prolonged US government shutdown, gold has once again claimed center stage in financial markets, moving confidently toward the $4,000 per ounce mark. Problems in Washington have not only deprived traders of official labor market data but have also added further uncertainty to the economic outlook, practically forcing investors to seek safety in safe-haven assets. In this article, we break down why gold is rising so rapidly, how the biggest players are reacting, and what traders should do in this exceptionally hot market. The week opened triumphantly for precious metal enthusiasts: on Monday morning, gold quotes jumped by 1.2% and reached $3,932.02 per ounce, hitting an all-time record and, apparently, only an interim milestone on the way to the coveted $4,000.The logic is simple: the more political and economic twists the Trump administration introduces, the sounder the sleep of precious metal holders. In the past year, the gold bull has gathered tremendous pace, achieving nearly a 50% increase in value, driven by downbeat US labor market news, dollar weakness, and central banks' persistent desire to diversify away from the "once-glamorous" greenback. And if you thought demand was being driven solely by the fears of major players, think again: retail investors are also fueling gold's rise. Gold-linked funds recorded their strongest monthly asset growth in the past three years just last month. It seems that the habit of "buying the dip" is turning into a near-mass psychosis, with even skeptics leaning toward the idea that gold is not just a metal, but a gold storm at the center of restless markets. Analyst Priyanka Sachdeva aptly noted that the current rally is evidence of a deeply ingrained investor mantra of buying gold on any correction. It is worth noting that silver, platinum, and palladium are also climbing, indicating a broad flight to safety among investors. Leading analysts are unanimous: any slight cooling of the rally or even a short-term correction is likely to be seen as an opportunity for a fresh entry. Ahmad Assiri points out that a new Fed rate cut looms on the horizon, bringing with it yet another chance for gold to shine at the highs. The main takeaway: the gold market is not just experiencing another growth wave, but a wholesale capital shift amid a weak dollar, shaky macro stats, and the US government shutdown. The expectation of further Fed rate cuts only reinforces this scenario, making the "buy the dip" strategy a mantra for traders in the months ahead. Congratulations to those who caught the train, and for those still considering, it may be worth gradually increasing positions on corrections, as this cycle appears far from over. Tensions in the markets and a wavering US economy are becoming the very fuel upon which gold is soaring to new historic heights. Bitcoin at new peak: digital gold back in vogue Bitcoin has once again proven it is too early to write off. Over the weekend, the largest cryptocurrency set a new record, rising to $125,689 per token, the first time since mid-August. By Monday morning in Singapore, quotes remained near the $124,000 mark. The reason is not crypto-mania, but rather very tangible issues: another US government shutdown. While officials wrangle over the budget, investors are fleeing en masse to safe havens, including BTC. Why is digital gold climbing, what resistance levels lie ahead, and how can traders ride this wave? More in the article. The US shutdown has not only halted the publication of labor market reports but also created a perfect storm in financial markets. The absence of official economic data, falling government bond yields, and a weak dollar have spurred demand for assets believed to hedge against money "debasement." The so-called "debasement trade"—a flight from currency into real and digital assets—now appears not just logical, but a necessary survival strategy. Against this backdrop, gold confidently surpassed $3,900 per ounce, but the weekend's main star is undoubtedly bitcoin. The cryptocurrency is up more than 30% year-to-date, leaving behind its previous high of $124,514 set on August 14. And, oddly enough, it's not just the shutdown that's fueling this, but also the overall revival in the US stock market, where equities are setting records amid a wave of artificial intelligence deals. Investor optimism is further stoked by flows into bitcoin ETFs, which are once again gaining momentum. There's a sense of confidence in the market: if the current momentum holds, resistance is seen at $135,000, while the $150,000 target "is already visible," as analyst Rachel Lucas points out. However, she cautions that leverage is building in the market, and any sharp correction could trigger a wave of liquidations. The situation takes on special flavor in October, a month long dubbed "Uptober" in the crypto community. History speaks for itself: over the past decade, Bitcoin has ended October higher nine times out of ten, and this month looks set to continue the trend. As market strategist Joshua Lim noted, with everything from stocks to Pokemon cards hitting new all-time highs, it's no surprise that BTC is once again at the forefront of the anti-dollar narrative. Political rhetoric is also providing support. The Trump administration's pro-crypto stance has created a friendly climate for digital assets, while companies like Michael Saylor's MicroStrategy continue to bulk up their Bitcoin holdings, setting a trend for corporate accumulation. As a result, not only is BTC rising, but correlated assets like Ether—now trading at $4,522—are gaining as well. As Geoff Kendrick of Standard Chartered emphasizes, "this shutdown really matters": unlike during the 2018–2019 period, Bitcoin is now moving much more in sync with global trends, rallying specifically when the dollar and treasuries are falling. So, the market is viewing BTC not just as a speculative tool but as a real alternative to government currencies, especially when the US government fails to function. Against the backdrop of a weaker dollar and lower rates, Bitcoin is once again becoming the primary barometer of eroding trust in the traditional financial system. What does this mean for traders? First, the market remains in a strong momentum phase, and any move toward $135,000 can be used as a take-profit point or for partial unloading. Second, corrections into the $118,000–$120,000 range will be attractive for entering long positions. To capitalize on today's market opportunities and trade Bitcoin in real time, open an account with InstaForex and download our mobile app! BlackRock targets AI infrastructure: $40 billion for future of data centers While the world speculates about where the next wave of AI growth will take place, BlackRock seems to already have the answer—in data centers. The investment giant is preparing for a deal that could reshape the market: its Global Infrastructure Partners division is in talks to acquire Aligned Data Centers for $40 billion. For reference: just nine months ago, this company attracted a "modest" $12 billion to accelerate the build-out of data centers to support AI needs. In this article, we discuss why BlackRock is betting on AI infrastructure, what makes Aligned unique, and how this deal could change the balance of power in the technology space. When the world's largest asset manager shows interest in a little-known data center operator, it's worth considering: is this coincidence or strategy? Judging by the scale of the deal, it's clearly the latter. According to Bloomberg, BlackRock Inc., through its Global Infrastructure Partners unit, is in the final stages of talks to acquire Aligned Data Centers. This is a company that has gone from a niche player to a key element of artificial intelligence infrastructure in just a few years. A $40 billion valuation makes this potentially the largest deal in the sector's history. The logic behind such interest is both simple and brilliant: the world is undergoing an infrastructure renaissance. While investments previously flowed into algorithms and models, today's money is moving to where those models "live"—data centers, power grids, and data storage. According to a Goldman Sachs report, companies working in the AI segment have issued $141 billion in corporate bonds this year alone, surpassing last year's $127 billion. This meansthat the investment cycle is shifting from software to hardware, and BlackRock intends to take the helm of this transformation. Founded in 2013, Aligned Data Centers began building sustainable, energy-efficient data centers long before neural networks became mainstream. The company now operates 78 facilities in North and South America, with partners including Macquarie Asset Management. In January, Aligned raised $12 billion in debt and equity for a significant capacity expansion, building a total of 5 gigawatts of infrastructure, enough to power half of New York City at the height of summer. Now BlackRock is willing to pay more than three times this amount for a company whose majority of assets have yet to come online. Analyst Ari Klein explains this paradox simply: "Investors are not paying for the current state of the company, but for what it can build tomorrow." In practice, Aligned already operates over 600 megawatts of capacity, with another 700 megawatts under construction. This makes it a notable player, but far from a leader. By comparison, CoreWeave Inc., a partner of OpenAI and Nvidia Corp., has 470 megawatts of active capacity but is valued at $65 billion and generates $1.91 billion annually. Aligned does not have these figures yet, but calculations show that with an average rate of $210 per kilowatt per month, its potential annual revenue could reach $3.4 billion if all projects are completed. BlackRock sees this not just as an investment but as a foundation for the coming era of digital infrastructure. While technology companies promise to invest "hundreds of billions, if not trillions" into physical AI capacity, it's firms like Aligned that are becoming the new oil of the 21st century. And BlackRock, by all appearances, intends to own the field. For traders, the implication is clear: the infrastructure sector is not just a supporting segment but a new arena for capital growth. The surge in AI technology interest will inevitably trigger explosive demand for capacity, meaning that the stocks of companies building and servicing data centers will attract heightened market attention. From a strategic perspective, it makes sense to consider long-term positions in infrastructure and energy companies participating in AI projects, as well as to monitor BlackRock-linked assets that stand to benefit from the market's consolidation. For those looking to act now, it is worth remembering that when the giants make their moves, the market opens doors for those ready to follow. Tesla prepares surprise: affordable model or another marketing firework? It appears that Elon Musk is once again planning to outsmart the market. Tesla has announced a mysterious event for October 7, hinting at the launch of a new, more affordable electric vehicle. With a brief 9-second video, the company has effectively sparked another wave of speculation. Investors are already guessing: will we finally see the long-awaited "people's Tesla," or is this just another marketing ploy to stoke interest in the brand? In this article, we will examine what to expect from the upcoming presentation, why Tesla is betting on making the Model Y more affordable, and what opportunities this opens up for traders. The announcement came at a symbolic moment—just days after the $7,500 EV tax credit expired in the United States. This bonus had long been one of the main drivers of sustained EV demand, and its disappearance could noticeably cool the market. Tesla is now forced to act quickly; customer interest will have to be maintained through pricing and technological edge rather than tax incentives. Previously, the company stated it was working on a more cost-effective version of the Model Y, which should be around 20% cheaper to produce than the current updated model. The first prototypes were assembled this summer, though mass production will begin only in the fourth quarter of this year. Sources indicate that Tesla plans to ramp up production to 250,000 vehicles annually by 2026—a bold goal, but entirely in line with Elon Musk's style. Interestingly, the teaser was released immediately after Tesla's quarterly report, which showed record deliveries for the third quarter. Demand was largely boosted by the very tax credit that ended on September 30. Now, with government support gone, Tesla is trying to prove that its business model can be sustainable without subsidies. If the company indeed unveils an affordable model, this could be a game-changer not only for Tesla but for the entire EV market. Musk's marketing strategy, as always, is simple yet ingenious: minimal information, maximum hype. A video, a couple of hints on X (formerly Twitter)—and the market is already abuzz with speculation. Some analysts are convinced that Tesla will unveil the budget version of the Model Y on October 7, while others are expecting a fundamentally new vehicle that will solidify the brand's leadership in the mass segment. Yet, risks should not be overlooked. Lowering production costs could reduce margins, and a slow production ramp-up might cause a temporary dip in sales. Moreover, competitors such as BYD, Hyundai, and Volkswagen are actively targeting the mid-price segment, meaning that Tesla will have to fight not only for investor attention but for consumer wallets as well. Nonetheless, the company's potential is enormous. If Tesla confirms its readiness to launch a truly affordable EV, it could trigger a new wave of growth in the stock. This scenario is likely: the buzz around the launch could drive shares higher, especially if Musk convinces the market that "affordability" won't come at the expense of quality and innovation. For traders, the coming days promise to be especially interesting. In the short term, it is worth closely monitoring Tesla shares near key resistance levels. A surge in volatility is possible in the run-up to the event and a subsequent correction afterward. In this case, a prudent strategy would be to take profits on the rally up to October 7 and look for new entry points on potential pullbacks. In the long run, Tesla retains its strong appeal. The company continues to dominate the technological and energy transformation of the global auto industry. And if October 7 truly brings the world a "people's Tesla," investors who entered the market in advance will be able to confidently say they backed the right player. Now is the right time to act. While the market holds its breath ahead of the October presentation, traders should prepare for a possible breakout. Open a trading account with InstaForex to seize the opportunity presented by moves in Tesla shares, and download the company's mobile app to react instantly to the news—wherever you are. The material has been provided by InstaForex Company - www.instaforex.com

US market rises despite political uncertaintyThe US equity market continues its upward trend, despite uncertainty related to the political environment and overstretched valuations. Investors are looking for support from Donald Trump and from upcoming cycles of Federal Reserve monetary easing. Analysts note that index growth is taking place amid lower trading volumes, indicating market participants' caution. Experts believe that the coming weeks will be critical for assessing the resilience of the upward trend. Follow the link for more details. Indices close mixed amid service sector weaknessOn the last trading day, US stock indices closed mixed, with a slight gain in the S&P 500 and a decline in the Nasdaq. At the same time, the performance of the services sector is a concern against the backdrop of negative statistics. This data reinforces expectations that the Fed may act cautiously in upcoming rate decisions. Market participants also point to reduced activity in the technology sector, reflecting short-term consolidation. Follow the link for more details. BlackRock bets on AI infrastructureInvestment giant BlackRock is in talks to acquire Aligned Data Centers for $40 billion, signaling a growing bet on artificial intelligence infrastructure and a potential new wave of technology investment. Experts note that the deal could become one of the largest in the history of the data center sector. This points to investor confidence in the long-term potential of AI and related industries. Follow the link for more details. Tesla prepares to launch new electric vehicleTesla has announced a mysterious event hinting at the release of a more affordable electric vehicle, which could reshape market demand following the expiration of the EV tax credit. Investors expect significant changes in the company's strategy as it seeks to strengthen its market leadership. Analysts suggest the new model may become a key driver of shares in the coming months. Follow the link for more details. As a reminder, InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping traders earn efficiently on market volatility. The material has been provided by InstaForex Company - www.instaforex.com

What is Bitcoin — a risky asset or a safe haven? While investors are still debating the right answer, BTC/USD has reached a new all-time high, benefitting from a "double win" amid the ongoing US government shutdown. As the S&P 500 hits its 31st record high of the year and gold soars past $3,900 per ounce, the environment is becoming increasingly favorable for tokens. Back in late September, Bitcoin was losing ground due to troubles with crypto treasuries and declining trading activity. But nature abhors a vacuum. By the week ending October 3, investors had poured $3.2 billion into a group of 12 crypto-focused ETFs — the second-largest weekly inflow in history. Open interest in the BlackRock Shares Bitcoin Trust ETF hit a record $49.8 billion. Capital flows into Bitcoin ETFs Many investors now view Bitcoin as "digital gold." And the strong performance of precious metals is lighting the way for BTC/USD bulls. Since the beginning of the year, gold has gained 50%, silver 65%, and platinum 80%. While cryptocurrencies had been lagging behind, they are now starting to catch up. The appeal of this asset class lies in growing fears that the massive debt issuance by the US, Japan, and Europe will undermine financial stability and drag down the global economy. Meanwhile, the US shutdown is expected to slow GDP growth not just in America, but worldwide. Performance of gold, silver, and Bitcoin In late September and early October, investors began to question whether Bitcoin still belongs in the "risky asset" category. Its correlation with US stock indices declined amid weaker demand from crypto treasuries. Indeed, as companies like Strategy and others underperform BTC/USD, raising capital through new stock issuances to buy crypto becomes increasingly difficult. As a result, token purchases fell. However, thanks to the shutdown, previous correlations between Bitcoin and the S&P 500 are re-emerging. Correlation is on the rise, and investors are once again choosing how to use Bitcoin in their portfolios — either as a risk asset or a safe haven. In either case, BTC/USD is gaining ground. Thus, October has created the perfect environment for Bitcoin to resume its upward trend. It's no surprise that the second month of autumn is traditionally strong for crypto. In 9 out of the past 10 Octobers, BTC/USD has posted gains. This trend even gave rise to the term "Uptober" in financial circles. From a technical viewpoint, the daily Bitcoin chart shows a renewed bullish trend. Long positions formed after breaking through the 113,400 and 114,700 levels should be maintained and added to on pullbacks. The initial upside targets for BTC/USD longs are set at 130,000 and 136,000. The material has been provided by InstaForex Company - www.instaforex.com

Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) have agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion), creating a new mid-tier gold producer in Guinea. Robex shareholders will receive 8.67 Predictive shares for each Robex share, giving them about 51% ownership of the combined company. The merger, announced jointly by the West Africa-focused developers, combines two of the region’s most advanced gold projects. “By combining two of West Africa’s largest and most advanced gold development projects and leveraging the proven track record of both management teams in Africa, we are creating a company that positions Guinea to become one of Africa’s top five gold producers,” Predictive chief executive officer Andrew Pardey said. Robex CEO Matthew Wilcox will lead the merged company, while Pardey will serve as chair. The merger will go to a shareholder vote in December, requiring approval from at least two-thirds of voting Robex investors. Robex’s board and major shareholders, Cohen Group and Eglinton Mining, have already pledged support. Consolidation trend The proposed deal continues a wave of mergers and acquisitions in the gold sector, fuelled by record metal prices and growing consolidation among mid-tier players. The merger unites Predictive’s Bankan and Robex’s Kiniero gold projects, located just 30 km apart in Guinea. Combined, they are expected to produce more than 400,000 ounces of gold annually by 2029, supported by 9.5 million ounces in resources and 4.5 million ounces in reserves. Robex, which listed on the ASX in June, plans to begin production at Kiniero in December. Revenues from that operation will help fund development of Bankan, which targets a final investment decision by mid-2026. Robex also operates the smaller Nampala gold mine in Mali, expected to produce 47,000 ounces this year. Shifting landscape Guinea, better known for bauxite and iron ore deposits, is drawing renewed attention from gold explorers despite ongoing challenges from artisanal mining and recent regulatory crackdowns. In May, the government revoked more than 50 mining licences and exploration permits, affecting companies such Endeavour Mining, Resolute Mining, Arrow Minerals, Kebo Energy SA and Emirates Global Aluminium. Canada’s Fortuna Mining (TSX: FVI), for example, signed a joint venture this month with Australia’s Desoto Resources (ASX: DES) to explore the Siguiri basin in northeastern Guinea.

The AUD/JPY pair began the week with a bullish gap and reached 99.37 — levels last seen in November 2024. The strong intraday rally was driven by heavy selling of the Japanese yen, indicating the potential for further gains in the pair in the near term. On Saturday, Sanae Takaichi won the second round of the Liberal Democratic Party (LDP) leadership election and is expected to be confirmed as Japan's first female prime minister at the parliamentary session in mid-October. Takaichi is considered a "fiscal dove" and may announce a more expansionary economic policy. This increases the likelihood that the Bank of Japan will not raise rates this month, triggering aggressive yen selling and fueling strong growth in AUD/JPY. At the same time, hopes for additional stimulus are supporting Japan's Nikkei 225 index, which hit a record high, while further weakening the yen's safe-haven appeal in favor of the riskier Australian dollar. Another key factor supporting the Australian dollar is the Reserve Bank of Australia's (RBA) hawkish stance, which underpins the short-term positive outlook for AUD/JPY. At its September monetary policy meeting, the RBA kept the official cash rate (OCR) unchanged at 3.6%. In its accompanying statement, the central bank noted that the decline in core inflation was slowing and pointed to the likelihood of rising inflation in the final quarter. This reduces the probability of additional rate cuts and supports bullish sentiment for the Australian dollar. Moreover, the breakout above the round level of 99.00 suggests that the path of least resistance for AUD/JPY remains upward. From a technical perspective, oscillators on the daily chart are positive; however, the Relative Strength Index (RSI) is approaching the overbought zone, indicating the potential for a minor correction or price consolidation. Having broken through 99.37, the pair is now targeting the psychological level of 100.00. The last support level that could weaken the bulls lies at 98.45. A break below it could push prices down toward the round level of 98.00. The table shows the percentage changes of the Japanese yen against major currencies, where the yen demonstrated the most strength relative to the euro. The material has been provided by InstaForex Company - www.instaforex.com

BNB continues to dominate market headlines after surging to a new all-time high of $1,223 just a few hours ago. The price has shown remarkable resilience, holding firm above the key $1,200 level, as bullish momentum accelerates across the broader crypto market. The breakout underscores the growing strength of BNB, which has now become one of the clear leaders of this cycle’s rally. Analysts note that BNB’s upward trajectory reflects a powerful combination of technical and market-driven factors. The coin’s consistent growth, fueled by strong demand within the Binance ecosystem and increasing on-chain activity, has positioned it as one of the standout performers in 2025. As the broader market trends upward, BNB’s performance is not only driving sentiment but also signaling renewed confidence in large-cap altcoins. Some analysts now expect the token to push even higher in the coming weeks, with projections pointing toward potential targets around $1,300–$1,400 if momentum continues. The market’s strength, coupled with BNB’s leadership role, suggests that the current rally could extend further — and that BNB may once again set the tone for altcoin performance as investors chase new highs. BNB Chain Activity Hits Record Addresses According to Token Terminal, BNB Chain’s monthly active addresses have reached a new all-time high of 60 million, marking a major milestone for the network and adding strong on-chain support to BNB’s recent price surge. This record growth reflects expanding user activity across decentralized applications, DeFi protocols, and gaming platforms built on the BNB ecosystem. It also highlights the network’s growing adoption, even amid a highly competitive layer-1 landscape dominated by Ethereum and other emerging chains. The timing of this spike in activity is particularly significant. As BNB’s price climbed to a new all-time high at $1,223, the surge in active users underscores that the rally is being driven not only by speculation but also by genuine network engagement. Analysts point out that such increases in activity often precede further bullish momentum, as more users and developers participate in on-chain transactions, staking, and trading. The coming days promise to be very exciting for investors. With Bitcoin consolidating near record levels and Ethereum reclaiming key price zones, BNB and ETH are now leading the charge into what could become a new bullish phase for altcoins. If market momentum continues, this combination of strong fundamentals and technical breakouts could drive altcoin valuations to levels not seen in years. Price Analysis: Bulls Maintain Momentum Above $1,200 BNB continues its strong uptrend, consolidating above $1,200 after briefly touching a new all-time high at $1,223 earlier today. The 4-hour chart shows a clear bullish structure, with price action consistently making higher highs and higher lows since late September. BNB remains well-supported by the 20-day moving average (blue line), which has acted as dynamic support throughout this rally. The recent breakout above the $1,175–$1,180 zone confirmed a key resistance flip, allowing bulls to extend the move toward uncharted territory. If BNB manages to close multiple candles above $1,200, the next potential target could be the $1,250–$1,300 range, which would mark the continuation of its parabolic move. Momentum indicators suggest strong buying pressure, though traders should remain cautious of short-term pullbacks. A temporary correction toward $1,150 or even $1,100 could occur if buyers take profits after the rapid appreciation. Still, as long as BNB holds above its 50-day moving average (green line), the broader market structure remains decisively bullish. With volume supporting the move and fundamentals aligning with on-chain growth, BNB could continue to outperform major altcoins in the near term — solidifying its position as the market leader in this new bullish phase. Featured image from ChatGPT, chart from TradingView.com

Wall Street and the cryptocurrency market are convinced that Fed Chair Jerome Powell will keep his promise and continue cutting rates. It’s the top story fueling FOMC crypto predictions. Futures markets now give a 95% chance of a quarter-point rate cut at month’s end, up from barely half that a few weeks ago. Moreover, the US government shutdown has locked the doors at the Bureau of Labor Statistics, killing the September jobs report and key spending data. With no numbers and no clarity, Powell’s team is running policy on instinct. “A lack of fresh data means the Fed can’t confirm that the labor market remains on solid ground,” said Krishna Guha, head of global policy at Evercore ISI. There’s a running theory that Powell won’t give deeper rate cuts until people get laid off and then they default on their burrito and pizza credit card debt. Let’s talk about that and 3 predictions for the upcoming FOMC: DISCOVER: Top 20 Crypto to Buy in 2025 1. FOMC Crypto Predictions: Can The US Shutdown Move Markets? (Source: Polymarket) Shutdowns are routine in Washington DC these days, but the timing couldn’t be worse. Tens of thousands of federal workers are furloughed while the Fed faces one of its most delicate balancing acts in years. The last time markets faced this mix of data drought and political paralysis, volatility surged across asset classes and .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Bitcoin BTC $124,046.11 0.70% Bitcoin BTC Price $124,046.11 0.70% /24h Volume in 24h $49.07B Price 7d Learn more alike. (Source: X) Meanwhile, the economic sentiment of US adults is deeply negative, with 74% describing conditions as “fair or poor,” according to Pew Research. The unemployment rate has crept to 4.3%, the highest since 2021, and private payroll data from ADP shows 32,000 job losses in September. We’re in stagflation and Donald Trump wants interest rates near 0% and Powell’s term ends in May 2026. Rates will fall and continue to fall, and by 2026 money might be printed at unprecedented rates again. “Persistent inflation, resilient demand, and only modest labor market slack suggest policy is barely restrictive,” said Dallas Fed President Lorie Logan. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 2. Bitcoin’s New Dance with the Fed Glassnode data shows a surge in long-term holder accumulation for Bitcoin, while exchange outflows have increased 9% week-over-week, a sign of growing conviction. DeFi Llama reports $82.5 Bn in total value locked (TVL) across decentralized finance, up 11% from last month, with Ethereum and Solana leading inflows. Market Cap 24h 7d 30d 1y All Time With gold hitting $3,900 and the Nikkei climbing 4.3% on Japan’s fiscal stimulus expectations, traders are treating BTC as the third safe haven in the new global triad: gold, stocks, and code. DISCOVER: 20+ Next Crypto to Explode in 2025 3. FOMC Crypto: The Fed Still Holds Crypto’s Fate, What’s Next? Each rate cut solves one problem and creates another. Two more cuts before year’s end would almost guarantee another liquidity rush by early 2026. “Every cut weakens the dollar’s moral authority,” said one macro trader in Singapore. “That’s bullish for Bitcoin – and terrifying for policymakers.” The Fed’s decision this month won’t just steer stocks or bonds, but will set the tone for crypto’s next leg. If Powell cuts without fresh data, it confirms what markets already suspect: central banks are ready to print and give Trump what he wants. 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 Wall St.’s convinced Fed Chair Jerome Powell will keep his promise and keep cutting rates. It’s the top story fueling FOMC crypto predictions. Two more cuts before year’s end would almost guarantee another liquidity rush by early 2026. The post Will Powell Cut Rates This Week? Macro Analyst’s Top 3 FOMC Crypto Predictions – US Shutdown Warning? appeared first on 99Bitcoins.

What’s next for the Shiba Inu price chart after the recent crash? After ten straight days of nonstop incident response, the Shiba Crypto development team has stabilized the Shibarium network and rescued 4.6 Mn BONE tokens from an attacker’s delegation contract. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Dogecoin DOGE $0.2584 0.25% Dogecoin DOGE Price $0.2584 0.25% /24h Volume in 24h $2.67B Price 7d The BONE token, which powers staking and governance across the Shibarium ecosystem, became the focus of recovery efforts. Developers introduced a rescue function into the StakeManager contract, enabling the controlled removal of the attacker’s staked assets and the full restoration of legitimate delegator balances. The fix was rolled out in stages, tested on Devnet, and proven on Puppynet (LOL, what a name), before being finally deployed to mainnet. (Source: CoinGecko) New protections are now live, with withdrawals facing a 24-hour checkpoint delay, and validator sets are verified after every key rotation. Per DeFi Llama, Shibarium’s TVL has fallen nearly $1Mn since September. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 SHIB Crypto Finds Its Balance After the Shock SHIB has flattened out around $0.0000126, recovering from the brief panic. Technicals show $0.0000120 as the key floor, with room to climb roughly +11% toward $0.0000141 if momentum builds. Meanwhile, steady BONE staking and renewed communication from Shibarium developers are rebuilding trust across the community. Although it was a bumpy 10 days for Shiba Inu the coin is back and ready for Uptober. 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 After ten straight days of nonstop incident response, the Shiba Crypto development team has stabilized the Shibarium network. SHIB has flattened out around $0.0000126, recovering from the brief panic. The post SHIB Army Revenge Rally Inbound? ‘Broken’ SHIB Crypto Devs Work 10 Days Non-Stop to Save Shibarium From Attack appeared first on 99Bitcoins.

Today, the GBP/USD pair starts the week with a bearish gap amid broad U.S. dollar strength and is struggling to hold on to Friday's strong gains. Spot prices show no further upward momentum and remain below the 1.3500 level. Over the weekend, Japan's Liberal Democratic Party (LDP) elected Sanae Takaichi as its new leader. Since Takaichi is known as a supporter of loose fiscal policy, this choice increases expectations that the Bank of Japan will postpone raising rates, which may trigger a significant sell-off of the Japanese yen. As a result, this supports the U.S. dollar's rise, which is a key pressure factor on the GBP/USD pair. However, the dollar's upward potential is limited by growing expectations of two U.S. Federal Reserve rate cuts before year-end. Additional constraints on the dollar come from concerns about a prolonged U.S. government shutdown and increased investor risk appetite, which could also support GBP/USD. Market participants also expect the Bank of England to keep interest rates at their current level until year-end, given accelerating inflation and resilient economic growth. This will create a positive backdrop for the British pound, thereby limiting further GBP/USD losses. In this context, it is worth being cautious about claims that the recent rebound from September's low has ended. From a technical perspective, since oscillators on the daily chart are negative and the 9-day EMA is below the 14-day EMA, this confirms the bearish outlook for the pair. The nearest resistance has been found at 1.3420, below which lies the round level of 1.3400. A break below it could accelerate the decline toward the September low around 1.3323. On the other hand, the 50-SMA is preventing the pair from moving higher. If prices overcome this level around 1.3465, the next resistance will appear at 1.3484, followed by the round level of 1.3500, where the 100-day SMA is currently located. Breaking above it would open the way for further bullish momentum. For better trading opportunities, traders should wait for the release of the UK Construction PMI, which may provide the next impulse. However, the main focus will remain on Bank of England Governor Andrew Bailey's speech during the North American session, which will have a significant impact on the pound's dynamics and create new trading opportunities for GBP/USD. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis This week, from the level of 1.3478 (closing of the last weekly candle), the price may start moving downward with the target of 1.3270 – the historical support level (blue dotted line). When testing this level, the price may rebound upward with the target of 1.3332 – the lower fractal (weekly candle of September 21, 2025). Fig. 1 (weekly chart). Comprehensive Analysis Indicator analysis – down;Fibonacci levels – down;Volume – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Monthly chart – down.Overall conclusion for the GBP/USD weekly chart: The price this week will most likely have a downward tendency, with the absence of an initial upper shadow on the weekly black candle (Monday – down) and the presence of a second lower shadow (Friday – up). Alternative Scenario: From the level of 1.3478 (closing of the last weekly candle), the price may continue moving downward with the target of 1.3141 – retracement level 38.2% (red dotted line). Upon reaching this level, the price may move upward with the target of 1.3270, the historical support level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com