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If Jerry Seinfeld invested in the Ethereum price, it would go like this: “You ever buy Ethereum?” *audience chuckles* “You spend all weekend reading whitepapers, learning about gas fees, and you’re like: This is it. This is the future. We’re going to flip Bitcoin any minute now!” *audience bursts out in uncontrollable laughing* [Cue Seinfeld Music] Ethereum’s early lead over Bitcoin this quarter has faded. Now trading under $2,500, ETH faces a key inflection point; here’s where the price is going next: EthereumPriceMarket CapETH$292.25B24h7d30d1yAll time Ethereum’s MVRV Ratio Signals Modest Optimism Ethereum’s market-value-to-realized-value (MVRV) ratio stands at 1.16, slightly above neutral territory. While this indicates holders are in mild profit, ETH remains constrained by a key descending trendline dating back to 2018. The story here is that altcoins don’t perform well unless the Fed cuts rates and turns the money printers on. Adding to the challenge, Ethereum has to conquer a critical resistance level at $2,575. A strong breakout above this threshold could push prices toward $2,850, but without this momentum, a pullback to the $1,750 support zone could be on the horizon. Analyst Burak Kesmeci notes, “The visible range volume profile highlights strong historical interest between $2,100 and $2,300, making this zone critical for Ethereum’s next move.” Unity Wallet COO James Toledano summed it up: “Lower oil, rate cut expectations, and ETF flows are driving this bounce.” What’s Next for Ethereum Price? Two signals will decide whether Ethereum rallies or stalls. First, it needs to crack $2,575 and hold. Then it has to break its long-term MVRV trendline. Do both, and $2,850 comes into view fast. It’s crazy to think that I, like some of you, held Ethereum at $4,000+ and that was nearly four years ago at this point. $ETH holders have to be feeling the pain. [Cue that Seinfeld music one more time, Johnny!] 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 Ethereum’s early lead over Bitcoin this quarter has faded. Now trading under $2,500, ETH faces a key inflection point. All eyes are on Jerome Powell next month. As inflation lingers and labor metrics soften. The post Ethereum Price Now Flashes First Death Cross Since 2022: Is Another Crash Coming? appeared first on 99Bitcoins.

Overview: The US dollar has steadied today after yesterday's shellacking that saw it fall to new multiyear lows against the euro and sterling and 10-year lows against the Swiss franc. The news stream is somewhat more supportive today, with trade deals said to be in the works, in addition to the confirmation/clarification of an agreement with China. The US got an exemption from the OECD's Pillar 2 corporate tax reform, and the onerous "revenge tax" of Section 899 of the budget proposal will be dropped. There is talk that the postponement of the so-called reciprocal tariff may be extended for the current deadline of July 9. While the greenback has steadied it has found little traction and remains largely pinned near yesterday's lows. Equity markets have responded more favorably. Most of the markets in the Asia Pacific region advanced less by the more than 1% gain in Japanese indices. China, Hong Kong, South Korea, and Australia were exceptions. Europe's Stoxx 600 is up nearly 1%, and if today's gains are sustained, it would be the first back-to-back advance in three weeks. US index futures are up 0.2%-0.3%. Benchmark 10-year yields are firmer. The two basis point rise in the JGB put the yield at a new high for the week near 1.43%. European yields are mostly less than one basis point higher, but enough to lift the 10-year German Bund yield to a new high for the week (~2.57%). The 10-year Treasury yield is about three basis points higher at 4.27%. It is off nearly 8 bp this week. Gold has broken down to a new low for the week, near $3282. It is also a new low for the month. August WTI continues to chop inside Tuesday’s range (~$64-$67.85). It is inside yesterday's range as well (~$64.65-$66.40). USD: Neither the US-China deal, the other ten trade deals that the Commerce Secretary, nor the likely dropping of the so-called "revenge tax" in the budget, have been sufficient to give the dollar much of a lift. The Dollar Index is pinned near the three-year low set yesterday around 97.00. It has been as high as about 94.40 today, but it is back hovering by its lows in late European morning turnover. There is much attention on today's PCE deflator, but economists have a good handle on it after the CPI and PPI were released earlier this month. The Fed targets the headline PCE deflator, though many journalists insist on calling the core rate the preferred measure, though it is not clear what that means. In any event, the headline and core measures are seen rising by 0.1%, which would lift the year-over-year rates to 2.3% (from 2.1%) and 2.6% (from 2.5%), respectively. More importantly, we suggest, is the slowing of consumption. Note that in yesterday's Q1 GDP update, consumption growth was chopped to 0.5% from 1.2%. In April, monthly personal consumption rose by 0.2% and the median forecast in Bloomberg's survey is for a 0.1% gain. It follows an erosion of consumer confidence, rising household debt stress levels, and a slowing in job growth. Adjusted for inflation, through May, real consumption is rising at half of the pace seen in the first five months of 2024. Ahead of the data, the Fed funds futures market is discounting about a 21% chance of a July cut. A week ago, there was around a 16% chance. At the end of May, before Governors Waller and Bowman put July on the table and President Trump's public criticism of Chair Powell and indication he could name a successor six months before the end the Chair's term ends, the market was discounting a 28% chance of a July cut. EURO: Talk of option-related demand may have helped explain euro's surge through $1.17 yesterday. Between yesterday and July 1, the DTCC showed nearly six billion euros in options were expiring. The euro peaked in early European trading near $1.1745. It approached in the NY afternoon but stalled. Today it has mostly traded in around a 20-tick range in either side of $1.17. The upper Bollinger Band is near $1.1710 today. A break of $1.1680 could see short-term momentum traders move to the sidelines, which could send the euro back to the $1.1650 area, where there are 2.1 bln euros expiring Monday. Coming into today, according to Bloomberg prices, the euro has not fallen since last Tuesday June 16, its longest advance in nearly a year. France and Spain reported June CPI ahead of next week's estimate of the aggregate figures. France's harmonized measure CPI rose by 0.4%, twice what was expected but the year-over-year rate rose to 0.8% from 0.6%. Spain's rose by 0.6% and the year-over-year rate rose to 2.2% from 2.4%. The eurozone's June CPI is expected to increase by 0.2% for an unchanged year-over-year rate of 1.9%. CNY: Yesterday saw the dollar fall to a new low for the year (~CNH7.1525) and recover slightly above CNH7.17 in early European turnover. The greenback drifted lower and was fraying the CNH7.16 area in late turnover. It has steadied today and has traded within yesterday's range. The PBOC set the dollar's reference rate at CNY7.1627 (CNY7.1620 yesterday and CNY7.1695, a week ago). Squeezing HK liquidity through its intervention to defend the peg, the HKMA may have helped reduce some upside pressure on the yuan by discouraging short HKD/long yuan plays. China reported May industrial profits fell 1.1% in in the first five months of this year compared with the Jan-May 2024 period. Separately China confirmed the trade agreement with the US. The lifting of some US sanctions and renewed supply of ethane will take place after the rare earth and magnet shipments begin, according to reports. JPY: With only shallow bounces, the dollar fell from almost JPY146 on Wednesday to JPY143.75 yesterday. The driver was the general weakness of the greenback and the decline in US rates. The greenback settled below the 20-day moving average (~JPY144.55) for the first time in two weeks. It is trading quietly today in the narrowest range of the week (~JPY144.20-JPY144.80). Tokyo price pressures eased slightly more than expected this month. The headline CPI rose 3.1% year-over-year compared with a 3.4% gain in May. The core measure, which excludes fresh food, eased to 3.1% from 3.6%. Excluding fresh food and energy Tokyo's CPI also slipped to 3.1% from 3.3%. This can be expected to be largely duplicated on the national level. The chances of a rate hike at the end of the July central bank meeting remain negligible, according to the swaps market. Some surveys are beginning to detect a push of the anticipated rate hike into 2026. Japan also reported May retail sales. They unexpectedly fell (-0.2%) compared with expectations for a 0.3% increase. It followed a 0.7% rise in April. The cumulative rise in retail sales in Q1 was 0.4%. In GDP terms, Japanese consumption has been more stable that government spending and private investment. The Japanese economy contracted by 0.2% at an annualized pace in Q1 and looks to have done only slightly better in Q2. Separately, Japan reported a steady unemployment rate in May (2.5%) but a decline in the job-to-applicant ratio to 1.24 from 1.26. This matches the lowest since early 2022. GBP: Sterling's four-day advance is on the line. It rallied four cents off Monday's low that saw it approach $1.3370 on Monday. It settled above the upper Bollinger Band yesterday (~$1.3725 today). Above the $1.3770 seen yesterday, the $1.3840 could be next. It did not trade below $1.3700 in North America yesterday, where GBP560 mln options expired. It is trading mostly between $1.3720 and $1.3750 so far today. A break of $1.3700could spur some position adjusting that takes sterling to $1.3650 and better support. CAD: The Canadian dollar's 0.7% gain yesterday was the largest this month. The US dollar was turned back from almost CAD1.38 on Monday and slipped below CAD1.3620 yesterday. It is holding above CAD1.3625 today and has been capped near CAD1.3650. Options for $875 mln expire at CAD1.3600 today. This year's low was recorded on June 16 near CAD1.3540. Despite the Canadian dollar's gains, it is a laggard. The only G10 currency to do worse this month is the yen, which has fallen by about 0.2%, while the Loonie has risen by around 0.7%. Year-to-date, it is up 5.4%. It is the least of the G10. The Australian dollar is a close second. It has appreciated almost 5.8%. AUD: The Australian dollar reached a seven-month high yesterday, almost $0.6565. It was the culmination of a four-day rally. It surged 3% from Monday's one-month low (~$0.6375) to the new high yesterday. It frayed its upper Bollinger Band, which is found near $0.6550 today. A break of $0.6540 could see $0.6520. Yesterday's low was near $0.6500. The Aussie's rally does not reflect a change in view on monetary policy. The futures market is the most confident of a cut at the July 8 meeting (~95%). Moreover, the market has been boosting the magnitude of this year's rate cut for the past five sessions. It is now anticipating 81 bp of cuts between now and the end of the year, up from 74 bp a week ago. MXN: The peso took yesterday's anticipated rate cut in stride. As widely expected, Banxico delivered its fourth consecutive 50 bp rate cut. The central bank has not finished the easing cycle but signaled a more moderate pace going forward. And for good reason, it has cut the overnight rate target by 200 bp this year and inflation is north of the 2-4% target range, even if it does not appear to be still accelerating. Yesterday's session low for the dollar was recorded in the European morning near MXN18.85. It reached a low after the rate cut of slightly below MXN18.86. Today, the greenback is in a roughly MXN18.86-MXN18.8950 range. The range may be extended a little to the upside today, but peso buying does not appear exhausted. Disclaimer

US equity markets roared back to life on Thursday, 26 June, with the tech-heavy Nasdaq 100 leading the charge, climbing 0.9% to notch another fresh all-time intraday and closing high. The S&P 500 rose 0.8% to close at 6,140—just shy of its all-time intraday high of 6,147 set in February. Meanwhile, the Dow Jones Industrial Average gained 0.9%, and the small-cap Russell 2000 outperformed with a 1.7% surge. Despite ongoing concerns around slowing US economic growth and the approaching 9 July expiration of the White House’s 90-day pause on global reciprocal tariffs (excluding China), investor sentiment remained firmly risk-on. Markets appear to be positioning for potential additional liquidity from a more dovish Federal Reserve as early as Q3. close Fig 2: USD/JPY minor trend as of 27 June 2025 (Source: TradingView) Fig 2: USD/JPY minor trend as of 27 June 2025 (Source: TradingView) Price actions of the USD/JPY have failed to trade higher above its 20-day moving average, and it is now shaping an impending weekly bearish “Dark Cloud Cover” candlestick pattern that suggests a potential bearish breakdown from its “Ascending Wedge” range support that has been in place since the 22 April 2025 low. In addition, the hourly RSI momentum indicator has continued to flash out bearish momentum conditions as it remains below a parallel descending resistance. Watch the 145.20 key short-term pivotal resistance, and a break below 143.90 (“Ascending Wedge” range support) exposes the next intermediate supports at 143.00 and 142.40 (see Fig 2). On the other hand, a clearance above 145.20 negates the bearish tone for a squeeze up towards the next intermediate resistances at 146.25 and 147.15. 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

The Trump administration is opening the door for cryptocurrency to play a role in the mortgage market. On June 25, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to begin developing systems that allow borrowers to count crypto holdings when applying for a mortgage. If regulated U.S. platforms hold the assets, lenders could factor them into the underwriting process, potentially helping more Americans qualify for home loans. It is a shift that blends digital assets with traditional finance in a way that would have seemed unlikely just a few years ago. Although the new policy is still in the early stages, it sends a clear message: regulators are taking crypto seriously as part of personal finance. Crypto’s Role in Underwriting Is Changing In most cases today, lenders ask borrowers who own crypto to sell it and convert it to cash before using it to show financial strength. The logic is that crypto is too volatile, and lenders prefer assets that are more predictable in value. That may still be true, but the FHFA says it is time to reconsider how digital assets fit into mortgage eligibility. Director William Pulte said the move reflects the administration’s larger strategy to bring crypto into the financial mainstream. The idea is not to ignore the risks but to find a way to factor in crypto holdings while still maintaining responsible lending standards. Under this approach, lenders would apply extra scrutiny to account for price swings and cybersecurity concerns. DISCOVER: 20+ Next Crypto to Explode in 2025 What Fannie and Freddie Are Being Asked to Do Fannie Mae and Freddie Mac do not issue loans directly, but they back a large portion of the U.S. mortgage market. Their role in this plan is to create a new framework that allows lenders to consider crypto as part of a borrower’s financial profile. Lenders must ensure that the assets are held with regulated U.S. exchanges and properly account for how quickly crypto values can change. BitcoinPriceMarket CapBTC$2.13T24h7d30d1yAll time At this point, there is no final timeline for when the rules will be in place. The agencies are being asked to develop the details and submit them for review. Any full rollout would require more steps and formal approval. Reactions Are Mixed Some in the mortgage industry are calling it a necessary update. The Mortgage Bankers Association has said it welcomes efforts to modernize asset verification, especially as more people hold wealth in nontraditional formats. But others are raising questions. Amanda Fischer of Better Markets pointed out that crypto can swing wildly in value, making it risky to include in lending decisions. She also raised concerns about what happens if assets disappear due to fraud or exchange failure. That tension between innovation and caution is likely to define how this process unfolds. DISCOVER: Best New Cryptocurrencies to Invest in 2025 What This Means for Borrowers If the plan moves forward, it could make it easier for crypto holders to access mortgage credit without having to liquidate their assets. That may appeal to borrowers who are reluctant to sell during market dips or who want to keep long-term positions intact. The next few months will be important as Fannie Mae and Freddie Mac work through the operational side. Lenders will also need to update their systems, and regulators will watch closely to see how this plays out in practice. If it works, it could prompt one of the most conservative corners of the financial system to change how it views crypto. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The Trump administration has directed Fannie Mae and Freddie Mac to explore counting crypto holdings toward mortgage eligibility. Crypto assets will only qualify if held on regulated U.S. exchanges, with extra rules to address volatility and cybersecurity risks. The new policy aims to integrate crypto into traditional finance without undermining responsible lending standards. Fannie and Freddie must develop the framework, but they have not set a final timeline or rollout date yet. This move may help crypto holders qualify for loans without liquidating assets. It could lead lenders to change how they treat digital wealth. The post Trump Administration Moves to Let Crypto Count Toward Mortgages appeared first on 99Bitcoins.

Crypto exchange Kraken has officially received its Markets in Crypto-Assets (MiCA) licence from the Central Bank of Ireland, making it one of the first major platforms to gain full approval under the European Union’s new digital asset framework. This licence allows Kraken to offer its services across all 30 countries in the European Economic Area from a single regulatory base. Source: Shutterstock The approval represents a turning point not just for Kraken but for how crypto companies will operate across Europe going forward. Instead of dealing with a patchwork of national rules, the exchange now gets a single, unified path forward. What This Means for Kraken’s Business in Europe With the licence in hand, Kraken can now offer a wide range of services to both individual and institutional clients across the region. That includes crypto trading, custody, payment services, portfolio management, and derivatives. The licence also allows the firm to issue stablecoins, provided they meet MiCA requirements. Until now, Kraken had been operating under several local registrations in countries like France, Italy, and Spain. Those arrangements worked but came with limitations. MiCA was designed to solve that, and Kraken’s Irish licence is the first real test of how well that system works in practice. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June2025 Ireland’s Role as a Crypto Gateway Ireland was not chosen at random. Kraken already operates an electronic money business there, which gives it the ability to offer euro payment services and fiat on-ramps. The country has a strong fintech presence and a reputation for consistent, transparent regulation. That combination made it a natural home base for Kraken’s broader European operations. BitcoinPriceMarket CapBTC$2.13T24h7d30d1yAll time The Central Bank of Ireland has been careful about who it approves, and this licence came only after what Kraken described as an in-depth review. With this milestone, Ireland joins the shortlist of countries positioning themselves as key crypto hubs under MiCA, alongside places like Luxembourg, France, and Malta. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 MiCA Is Reshaping the Crypto Map The MiCA framework went fully live in December 2024 and aims to provide Europe with a single rulebook for digital asset companies. Before that, crypto businesses had to navigate a mix of national laws that often overlapped or conflicted. Now, once a company gains approval in one country, it can operate throughout the EU without repeating the same process again and again. That is a big step forward for companies like Kraken, which are trying to scale their services across borders. MiCA also sets out rules for consumer protection, reserve requirements for stablecoins, and transparency for asset custody. The goal is to bring crypto closer to the standards seen in traditional finance, while still leaving space for innovation. What Comes Next Kraken’s MiCA licence opens the door to bigger moves in Europe. The company expects to expand its product lineup, roll out new services in more countries. It may also bring more institutions onto its platform. It is also setting a precedent. With several other exchanges applying for licences under the same framework, Kraken’s approval could help define how future applications are handled. For now, the message is clear: MiCA is no longer just policy on paper; it is the rulebook the industry is starting to follow. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Kraken received a MiCA licence from Ireland, giving it legal approval to operate across all 30 EEA countries under one regulatory framework. This marks a shift away from fragmented national crypto laws in Europe, allowing Kraken to scale services like trading, custody, and payments more efficiently. Ireland’s fintech infrastructure and Kraken’s existing presence there made it a strategic choice for the exchange’s EU headquarters. The MiCA framework introduces EU-wide standards for consumer protection, stablecoins, and transparency in digital asset custody. Kraken’s licence sets a precedent for other crypto firms applying under MiCA, potentially shaping how EU crypto regulation is enforced going forward. The post Kraken Wins First EU-Wide Licence Under MiCA via Irish Central Bank appeared first on 99Bitcoins.

Atlantic Strategic Minerals (ASM), an emerging critical minerals producer majority owned by Appian Capital Advisory, announced Thursday that its mining and mineral processing operations in Virginia have started commercial operations. ASM’s Virginia project comprises high-grade mining assets and processing facilities, including a concentrator plant and the largest mineral separation plant in North America. Past and current investments into the project and its related facilities are estimated at more than $200 million, including initial construction and refurbishment. With the commercial production milestone, the Virginia operations become the 12th mining project that Appian has brought into production since 2016. ASM said its opening of its Virginia mining and processing facilities marks a significant milestone for US economic security with the production of critical minerals ilmenite, which is a feedstock for titanium and pigment industries, and zircon, essential resources for industries ranging from consumer goods to advanced manufacturing and defense. Titanium and zirconium have been designated by the US government as critical minerals with domestic industries currently heavily relying on international imports to meet demand. ASM said the operation offers capacity to process domestic and imported critical minerals – building more secure US supply chains. The company added that it has already delivered its first shipments of ilmenite and zircon, as part of long-term offtake agreements, to US industrial customers. In the next phase of development at its Virginia operations, ASM plans to produce monazite, a key mineral feedstock used in the production of rare earth oxides. Studies indicate that ASM’s monazite has significant concentrations of praseodymium (Pr) and neodymium (Nd), key materials for magnets used in electric vehicles (EVs), wind turbines and defense applications. With China currently processing approximately 90% of rare earths, the company said the project’s monazite production has the potential to significantly diversify and strengthen the US critical supply chains. “We are proud to officially commence production in Virginia, a project that not only strengthens the domestic supply of critical minerals but also plays a vital role in bolstering US economic and national security,” ASM CEO Chris Wyatt said in a news release. “It is a case study of how to responsibly and successfully bring a strategically important project into production, while also ensuring lasting benefits to local communities.”

Log in to today’s North American session Recap for June 26, 2025 Today was once again about broad US Dollar weakness, with all majors and indexes profiting from the flash sale. US Indices are loving this with the S&P 500 coming real closing at its record highs! The Dollar index broke new lows and pretty much all asset classes except for cryptocurrencies had a positive day – Cryptos seem to still be consolidating, waiting for news to breakout on any side. The fact that Bitcoin is staying above the $100,000 mark still shows strength in the market, however crypto aficionados are still waiting for an ETH and altcoin rally. In commodities, even despite de positive mood, gold is unchanged and trading above its $3,300 key pivot, Oil found some relief after consecutive correction days and most less commonly traded commodities are up on the session except for Orange Juice and Wheat. Alternative precious metals are finding continuous demand with Palladium and Platinum performing well in the past few weeks, with both metals up more than 6% on the session, and even Silver and Copper appreciating beyond 1.5%. Read More: What’s next for Oil after War-induced volatility fades? 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Kodiak Copper (TSXV: KDK) released its first resource figures for the MPD copper-gold project in southern British Columbia. The new estimate, released late Wednesday, covers four of seven zones – Gate, Ketchan Man and Dillard. These deposits underpin 56.4 million tonnes indicated at 0.31% copper, 0.14 gram gold and 1.18 grams silver per tonne for a copper-equivalent grade of 0.42%. That accounts for 385 million lb. of contained copper, 250,000 oz. gold and 2.14 million oz. silver, or 522 million lb. of copper-equivalent. Kodiak estimates MPD’s inferred resources at 240.7 million tonnes grading 0.24% copper, 0.12 gram gold and 0.91 gram silver, or 0.33% copper-equivalent. This would represent 1.3 million lb. copper, 960,000 oz. gold and 7.05 million oz. silver for 1.75 million lb. of copper-equivalent metals, the company said. “I’ve had the vision right from the start that MPD’s rich mineral endowment holds the potential for a major mine in BC and our initial resource estimate clearly demonstrates this,” Kodiak chairman Chris Taylor said in a news release. “We expect to grow this resource substantially with the inclusion of the remaining zones later this year.” Kodiak shares gained about 4.6% to C$0.68 apiece Thursday in Toronto, boosting the stock’s 12-month gain to 55%. Peer valuation Management presented the numbers as proof-point one that MPD deserves to be compared with established BC porphyries. It also offers clear ways to take the asset to a feasibility case. These include cut-off flexibility, zone expansion and step-out drilling. Analysts predict a copper supply shortage by 2027. This is due to limited project pipelines and growing demand from electrification and renewables. Projects of MPD’s size will enter a tight market, positioning Kodiak to capture premium valuations once it converts resources to reserves and advances to economic studies. With a C$58 million ($52.5 million) market capitalization as of Thursday, Kodiak sits well below peers with similar resources. Before Newmont (TSX: NGT; NYSE: NEM) acquired the preliminary economic assessment-stage Tatogga gold-copper project in 2021 for about C$400 million, GT Gold had a market cap of roughly C$304 million. Goldshore Resources (TSXV: GSHR), which is developing the resource-stage Moss Lake gold project in Ontario and has a market cap of C$174 million, is another peer. MPD’s emerging scale could potentially help Kodiak close that valuation gap. Resource flexibility According to Kodiak, even a modest cut-off reduction to 0.12% copper-equivalent would lift indicated tonnage to 82.4 million tonnes and in-situ copper-equivalent to 600 million lb., with inferred tonnage up to 435.6 million tonnes for 2.4 billion lb. copper-equivalent. That sensitivity underlines how incremental drilling can unlock metal with little extra effort, the company said. Confirmation and infill drilling is underway at the West, Adit and South zones as part of the current exploration program. Results are expected later this year for inclusion in the full resource estimate before year-end, the company said. “I consider this initial resource estimate a starting point for future growth, as most of our zones remain open to extension and our work to date has identified more than 20 additional copper and gold occurrences and targets,” Taylor said.

Donald project in Victoria, Australia. Credit: Energy Fuels Energy Fuels (NYSE-A: UUUU; TSX: EFR) has received final regulatory clearance to develop the Donald rare earth elements (REE) and mineral sand project in the Wimmera region of Victoria, southeast Australia. In a press release dated June 25, the Colorado-based uranium-critical minerals developer confirmed that the government of Victoria has approved its work plan for the project’s construction and operation. “The work plan approval for the Donald project is significant as it moves us one step closer to creating an important link between the United States and Australia on rare earths and critical minerals,” Energy Fuels CEO Mark Chalmers said. Donald is part of a joint venture with Australia-based mineral sands miner Astron Corp., under which Energy Fuels has the right to earn a 49% interest in the project by investing a total of A$183 million ($119 million) and issuing $17.5 million worth of shares. The work plan approval now clears the way for the JV partners to make a final investment decision, which, according to Energy Fuels, could be made as early as 2025. Shares of Energy Fuels rose 5.1% by 1:20 p.m. in Toronto for a market capitalization of C$1.7 billion ($1.2 billion). Near-term REE source Energy Fuels regards the Donald project to be one of the world’s “best near-term sources” of rare earth minerals, which it plans to process into “light”, “mid” and “heavy” rare earth oxides at its White Mesa mill in Utah in the US. The Donald orebody is estimated to hold 37 million tonnes of heavy minerals, including approximately 724,000 tonnes of rare earths. The deposit has an estimated mine life of 58 years. White Mesa, one of the largest REE processing facilities outside China, achieved commercial production a year ago, beginning with “on-spec” neodymium-praseodymium — a light rare earth used in magnets. Currently in its first phase, the facility has the capacity to produce 850 to 1,000 tonnes of NdPr per year. The Energy Fuels team is also piloting the production of heavy rare earths dysprosium and terbium. 2026 production According to Energy Fuels, the Donald project would feed the White Mesa mill with approximately 7,000 to 8,000 tonnes of rare earth concentrates per year in its initial phase, commencing as early as 2026. By company estimates, 8,000 tonnes of concentrates from the Donald project would contain approximately 4,700 tonnes of total rare earth oxides, including roughly 990 tonnes of separated NdPr, 84 tonnes of Dy oxide, and 14 tonnes of Tb oxide. Energy Fuels said the White Mesa mill is expected to process the Donald feed into separated NdPr, along with a samarium-plus concentrate that would be stockpiled at the mill for future processing into separated mid and heavy REE oxides. Once the Donald project begins Phase 1 commercial production, the JV partners are expected to evaluate a Phase 2 expansion, which would be expected to increase its REE concentrate production to approximately 13,000 to 14,000 tonnes annually. Energy Fuels also said it is contemplating a Phase 2 expansion of the White Mesa mill that would increase its processing capacity to 60,000 tonnes, outputting roughly 6,000 tonnes of separated NdPr, along with significant quantities of Tb, Dy and potentially Sm and other REE oxides. The increased production at Donald, it said, would provide the White Mesa mill with “a consistent and significant source of REE feedstock” for decades to come.

Oil is known to be a volatile commodity, and hasn't failed to show some movement in the past few weeks. After consolidating in a two month $60.5 to $64 range, increasing tensions in US-Iran nuclear talk led to a breakout to $67 and shortly after, Israel attacked Iran which brought black gold 15% higher again, touching $78.40 – levels not seen since January 2025. There had been a theme of higher supply and fears of a slower global economic activity which had been holding prices down, but amid geopolitical turmoil (particularly in the Middle East), price dynamics have evolved. The question now is: What are the factors that will be moving Oil in the upcoming weeks? There has been a ceasefire between Israel and Iran, which led to a tumble in prices – Is the ceasefire going to hold? How much will Iran be allowed to export to China? Any new tensions in producing countries that would lead to a rebound in prices? – The Ukraine-Russia conflict is still ongoing. Is economic activity going to hold despite a lack of concrete progress in US Trade talks? Stay in touch with the latest macroeconomic news to see any change to Oil fundamentals. In the meantime, let's take a look at an in-depth technical analysis to spot levels of interest for trading. Read More: Pound Surges to 3-year highs amid broad Dollar weakness 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Platinum soared to its highest level since 2014 on Thursday, fueled by supply concerns and a wave of speculative buying. By midday, the precious metal had gained nearly 5% to trade at $1,406 an ounce, after hitting a fresh 11-year high of $1,416 earlier. Palladium also jumped by 4.8% to about $1,111 an ounce. Earlier this month, platinum surged past the $1,200-an-ounce mark for the first time in four years amid signs of growing market tightness. “The recent surge in Chinese investment and jewelry replacement is shining a spotlight on platinum’s supply deficit,” Justin Lin, an analyst at Global X ETFs, told Bloomberg. Commenting on palladium’s rally, Lin said the metals are “intrinsically linked” as they can be substituted for one another for use in autocatalysts depending on relative prices, so “we can expect some positive momentum in palladium off of platinum’s rally.” According to Bloomberg, the dominant platinum spot market in London and Zurich has shown signs of tightness for months, after approximately half a million ounces surged into US warehouses due to tariff concerns. Forward prices for platinum are now trading well below spot, a situation known as backwardation, which indicates tight market conditions. The implied cost of borrowing the metal is also still high, at an annualized rate of roughly 13% for a one-month lease, well above the usual rate of close to zero, Bloomberg reported. (With files from Bloomberg)

Digital asset and blockchain investment company, Galaxy Asset Management’s Galaxy Digital, has announced raising over $175 million in capital commitments. The fund is earmarked for investing in “early-stage companies developing critical infrastructure and applications for the onchain economy.” On 26 June 2025, Galaxy Digital said that the Fund specifically has and will continue to target investments in secular growth areas like stablecoins, payments, and tokenization, plus all the supporting infrastructure that makes such technologies viable. Mike Novogratz, Founder and CEO of Galaxy said, “Galaxy Ventures closing its first fund above the target at a time when raising crypto venture is historically difficult showcases our team’s unique edge in the market.” “With deep roots in onchain markets and blockchain infrastructure, we’re committed to backing founders and startups building real-world use cases that are shaping the next chapter of crypto adoption,” he added. EXPLORE: 15 New & Upcoming Coinbase Listings to Watch in 2025 Galaxy Exceeds Initial Target Of $150 Million The company initially targeted $150 million, but ended up exceeding its target amount, crediting “strong investor demand for access to the growing digital asset venture ecosystem.” “Blockchain infrastructure is poised to revolutionize global financial markets. We’re seeing an acceleration of adoption from both institutions and retail users globally—especially around use cases like payments, capital markets, and financial services more broadly,” said Mike Giampapa, Glaxy Ventures Head. “By investing in the teams that are building these core technologies and supporting their growth directly, we have a front-row seat to the most novel concepts and products in crypto.” EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025 US Dominates Crypto VC Investments: Galaxy Digital Report Reveals 46% Share Nearly half of all venture capital (VC) funding in the crypto sector during the fourth quarter of 2024 went to startups based in the US. This data was revealed by Galaxy Digital’s Crypto and Blockchain Venture Capital through a report filed on 15 January 2025. The report revealed that 46% of all capital invested globally was directed to US-headquartered firms, far outpacing Hong Kong, which took the second spot with 16% of the share. The US also led in the number of deals, accounting for 36% of all VC transactions. Singapore and the UK followed. They captured 9% and 8%, respectively. The findings show the country’s continued dominance in crypto innovation and financing, despite regulatory headwinds. EXPLORE: Best New Cryptocurrencies to Invest in 2025 Key Takeaways galaxy Digital initially targeted $150 million, but ended up exceeding its target amount, crediting “strong investor demand for access to the growing digital asset venture ecosystem.” Company’s CEO said, “Galaxy Ventures closing its first fund above the target at a time when raising crypto venture is historically difficult showcases our team’s unique edge in the market.” The post Galaxy Digital Raises Over $175 Million For Crypto Investments appeared first on 99Bitcoins.

Greek authorities have frozen a crypto wallet linked to the record-breaking $1.5 billion hack of the Bybit exchange, marking the country’s first major enforcement action involving stolen digital assets. According to Greek news outlets Proto Thema and Kathimerini, the Hellenic Anti-Money Laundering Authority (HAMLA) acted on intelligence received in May, which identified a significant inflow of Ether (ETH) to a user account on a Greek crypto trading platform. Using forensic blockchain analysis tools, HAMLA confirmed that the funds originated from the massive Bybit breach in February 2025. Despite rising concerns, many exchanges still profit from illicit transactions without intervention. According to the U.S. Department of Justice, North Korea also deploys IT workers abroad under fake identities to funnel funds back home, often in USDT or USDC. The Athens seizure marks a rare success in intercepting this global laundering network. Greek Wallet Tied to The Hack Frozen in Landmark Seizure The attackers reportedly used sophisticated laundering techniques, splitting the stolen ETH across multiple wallets to obscure its origins. The frozen wallet in Greece represents the first time local authorities have successfully traced and blocked digital assets involved in such a high-profile theft. A formal seizure order has also been issued, with the case now in the hands of Greek prosecutors. HAMLA President Charalambos Vourliotis briefed Finance Minister Kyriakos Pierrakakis on the agency’s findings, underlining the discovery’s significance. He noted that while the recipient of the illicit ETH hasn’t been officially named, further legal action is underway. This operation reflects a growing ability among European regulators to track crypto crime in real time, with Athens joining a widening global net cast by international agencies, including the FBI, which has already flagged the Bybit case publicly. Forensics revealed that the Greek-linked wallet was not part of a standard commercial transaction. Instead, the ETH followed a pattern previously tagged by U.S. investigators, confirming its association with the Bybit hack. Analysts suspect the Greek account may have acted as a link on a broader laundering chain, though it’s unclear whether the wallet owner was aware of the funds’ illicit origins. With digital asset crime increasingly crossing borders, Greece’s intervention sets a new precedent in crypto enforcement. EXPLORE: Top Analyst Spotlights August For XRP Price Breakout: Will APEX 2025 Start Parabolic Run? Key Takeaways Historic Action in Greece: Greek officials froze a wallet tied to the Bybit exchange hack, their first major crypto-related asset seizure. Lazarus Group Connection: The theft is linked to North Korea’s Lazarus Group, known for laundering stolen crypto via OTC brokers and weakly regulated exchanges. Blockchain Forensics at Work: HAMLA used on-chain analysis tools to trace stolen ETH to a Greek exchange, triggering immediate asset freezes and legal action. Global Scrutiny Rising: U.S. DOJ and FBI have intensified efforts, confirming the funds’ freeze and filing forfeiture actions against North Korean-linked laundering operations. The post Greece Just Stopped a $1.5Bn Crypto Heist: This Is How Athens Saved Your Bags appeared first on 99Bitcoins.

The Japanese yen has posted strong gains on Thursday. In the North American session, USD/JPY is trading at 144.14, down 0.55% on the day. Earlier, USD/JPY fell as low as 143.75, its lowest level since June 13. Tokyo Core CPI expected to drop to 3.3% Tokyo Core CPI, a leading indicator of nationwide inflation trends, will be released early Thursday. Tokyo Core CPI hit 3.6% in May, its highest level in over two years. The market estimate for June stands at 3.3%. 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Mali plans to restart operations at Barrick Mining’s (TSX: ABX; NYSE: B) Loulo‑Gounkoto gold complex under a court-appointed temporary administrator after seizing control earlier this month, Bloomberg News reported on Thursday. The move follows a Malian court decision to suspend Barrick’s management of Loulo‑Gounkoto, one of the Canadian miner’s most important assets, amid an escalating dispute over new mining code and unpaid taxes. On June 16, Mali’s Tribunal de Commerce ordered that the Loulo‑Gounkoto complex be placed under provisional state control for six months. It also appointed former health minister Soumana Makadji as administrator. Barrick had suspended operations in mid‑January after authorities blocked gold exports, detained staff and seized three tonnes of bullion. On Monday, Malian tax authorities reopened Barrick’s Bamako office under Makadji’s oversight. “The situation cannot remain as it is, because we need to protect the workers, we need to protect the factories,” Mines Minister Amadou Keita said on state-owned broadcaster ORTM. The administrator will “restart operations, produce, pay the workers’ wages, but also produce gold for the national economy,” he said. Dispute drags on Negotiations have been ongoing since Mali implemented a new mining code in 2023, raising royalties and increasing state participation in mines. Barrick disputes these terms, claiming existing agreements protect its rights, and has initiated arbitration through the World Bank’s ICSID. The company also removed the Loulo‑Gounkoto complex from its 2025 production guidance after halting output in January; the asset represented about 14% of its anticipated gold output and was expected to produce around 250,000 oz. Permits are due for renewal by February 2026. Loulo‑Gounkoto is Barrick’s largest operation in Mali, accounting for over 720,000 oz. of gold in 2024.

The Pound wasn't the best performer in the beginning to this month, amid a weakening UK Economy and a still too-high inflation which is forcing the Bank of England to hold higher rates – Cuts are not expected until the end of Summer. Unemployment Rate in the UK ticked up, GDP and Retail Sales ticked down – Only PMIs released last week surprised to the upside. Markets are forward looking, and players are looking ahead at better prospects for the Country which separated from the European Union in 2016. Effectively, British Trade is expected to meet less barriers ahead with historic deals reached between the EU and the US. On the other hand, the US Dollar has found some more weakness as markets are turning the page on the Israel-Iran conflict. Nothing new from the FOMC and a still erratic US President have done enough to give more reasons from market players to shift their positions out of the US compared to the past 20 years, hurting the USD (not even mentioning the recent Credit Downgrades) – Despite the US Economy still largely beating expectations. Let's take a look at the most recent up-move in the Cable and spot levels of interest in the pair. Read More: EUR/USD extends gains to 45-month highs, market eyes US labour data 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Sanctioned cryptocurrency exchange Garantex’s alleged successor, Grinex, has processed over $9.3 billion of the Ruble-backed stablecoin A7A5. Speculations are rife about the nature of the token’s usage since the bulk of the transactions originated from only 124 wallets, as per a report by the Financial Times on 25 June 2025. Currently, users can only find the A7A5 stablecoin listed on Uniswap. It boasts a market cap of $151 million, with about 12 million tokens in circulation. According to Grinex’s telegram channel, traders can use the Ruble-backed stablecoin to trade against the Russian Ruble and also against the USDT and the US dollar. Elliptic analysts, cited by the Financial Times, suggest that rigid transfer patterns indicate internal fund movement rather than organic token adoption. Furthermore, the crypto-focused anti-money laundering (AML) compliance and blockchain analytics platform, Global Ledger, had suggested in March that Garantex had moved its liquidity and customer funds to Grinex. These findings further cement the likelihood of Grinex having absorbed some of Garantex’s clientele, although Grinex denies any direct links to the sanctioned crypto exchange. Elliptic‘s co-founder, Tom Robinson, said, “Garantex users with outstanding balances at the time it was shut down could have these balances credited to new accounts set up on Grinex.” According to on-chain data from Etherscan and Tronscan, the A7A5, since its launch a few months ago, has managed to gather around 24000 users. Promsvyazbank, a Moscow-based bank under sanctions for its role in financing the Russian military, backs the A7A5 stablecoin 1:1 with Ruble reserves. The Ruble-backed stablecoin’s circulating supply surpassed $140 million within a week of its launch, indicating a strong demand for the stablecoin from crypto users in Russia and the Commonwealth of Independent States (CIS). Explore: Best Meme Coin ICOs to Invest in June 2025 A7A5 Stablecoin Linked To Ilan Shor – Sanctioned Moldovan Businessman Analysts, however, remain sceptical of the Ruble-backed stablecoin’s broader adoption because of the token’s clustered activity and unclear fund origins. Additionally, the Centre for Information Resilience had unveiled linkages of the A7A5 stablecoin to Ilan Shor, a sanctioned Moldovan businessman, convicted of fraud. He was promoting the stablecoin at Russia’s St Petersburg International Economic Forum earlier this month. A7A5, however, has claimed to sever ties with Shor in May. Grinex has highlighted its aim to bring in more USDT alternatives rather than create vehicles to circumvent sanctions. Explore: Top 20 Crypto to Buy in June 2025 Their spokesperson was quoted by another publication stating, “We strongly condemn any form of illegal activity, including sanctions evasion, money laundering, etc. All suspicious transactions are automatically blocked.” On 7 March 2025, the US Department of Justice (DoJ) announced the disruption of Grarantex in coordination with authorities in Germany and Finland. In their joint operation, authorities seized Garantex’s domains in Germany and Finland. Prosecutors pressed criminal charges against Garantex’s administrators, Aleksej Besciokov and Aleksandr Mira Serda, who oversaw the laundering operations, and authorities froze over $26 million of illegal funds. Explore: Best New Cryptocurrencies to Invest in 2025 Key Takeaways Grinex, the controversial crypto exchange, has processed over $9.3 billion of the Ruble-backed stablecoin A7A5 The A7A5 stablecoin has a market cap of $151 million, with about 12 million tokens in circulation The Ruble-backed stablecoin’s circulating supply surpassed $140 million within a week of its launch The post Ruble-Backed A7A5 Stablecoin Sees $9.4B Volume on Grinex, Garantex’s Successor appeared first on 99Bitcoins.

News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following the market for the battery raw material. Battery lithium prices have been decimated since reaching a peak less than three years ago with prices slumping to $8,450 a tonne in June from above $80,000 in November 2022. A wait and see approach on production cuts by lithium miners, particularly in China where government support keeps loss-making mines on life support, and slower than expected demand growth from the electric vehicle industry provides little prospect for a return to the boom years. The value of terminal lithium tonnes deployed in EVs, including plug-in and conventional hybrids, sold around the world from January through May totalled $2.15 billion. The extent of the slump is illustrated by the monthly EV battery nickel tally, which is now higher than that of lithium, despite the significant move towards nickel-free batteries such as lithium iron phosphate chemistries and a cooling of nickel prices at the same time. The value of the lithium contained in the batteries of EVs sold in December 2022 alone reached $3.2 billion despite the fact that global unit sales were a fraction of what they are now and shipments skewed towards hybrids, which have inherently smaller batteries and therefore less contained metal than full electric cars. On a per EV basis the economics of lithium carbonate and hydroxide look even worse. From a peak of more than $1,900 per sales weighted average EV in December 2022, the installed lithium so far this year only averages just above $200 per vehicle. For a fuller analysis of the battery metals market check out the latest issue of the Northern Miner print and digital editions. * Frik Els is Editor at Large for MINING.COM and Head of Adamas Inside, providing news and analysis based on Adamas Intelligence data.

There have been many comparisons between Kaspa and Bitcoin on the internet lately. Is it real or just clout? The truth is that as a PoW network, Kaspa has better security than the PoS model and can be mined with moderate tech, which can provide greater decentralisation than Bitcoin. The GHOSTDAG protocol provides faster speed, similar to Visa’s transaction time. Institutional interest is growing; Marathon Digital Holdings (a Bitcoin miner) mined $16 million worth of Kaspa last year. As much as technical analysis for Kaspa, Sarosh noted a great indicator for a potential move up – a break of June’s downtrend channel. Will momentum sustain, and will price move further to the upside? Follow along as we uncover what the charts show. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Is Kaspa Price Prediction Bigger Than the Hype? KASPA Crypto Technical Analysis (KASUSD) Starting with the Weekly timeframe, I have identified a few bullish scenarios. All of them include holding, or, worst case, a sweep, or the liquidity zone. Though market makers love to sweep and hit stop losses, it is good to keep in mind. Whatever scenario plays out, it is clear that price needs to break out of the resistance dome before further upside. For investors, hopefully, this does not turn into a rounded top and follow a sell-off. This will happen if it moves decisively underneath the FVG zone. DISCOVER: 20+ Next Crypto to Explode in 2025 (KASUSD) On the Daily chart, we see that the RSI has reset all the way to the bottom. If price holds these levels, there is a chance it made a lower high, which could trigger a move to the $0.11 resistance. That resistance seemed reclaimed for a few days, though it turned out to be a deviation. What we want to see now is a reclaim of the moving averages. DISCOVER: Best New Cryptocurrencies to Invest in 2025 (KASUSD) Finally, we will analyse the 4-hour chart. Within the last 3 days, the price increased 34% and is above the MA50 and MA100. The MA200 is next, which aligns closely with the previous high. If we’re to see a move towards $0.11 again, we’d like to see that previous high broken. Though RSI looks a bit high, it might need to cool off before attempting MSB. Join The 99Bitcoins News Discord Here For The Latest Market Updates Kaspa: The PoW Alternative to Bitcoin - Is It Still A Good Buy? Daily RSI is reset, while 4H RSI might need to cool off as well 2024 Weekly FVG might not be tested, though we keep it as plausible Price needs to close above 4H MA200 in order to test $0.11 The post Kaspa: The PoW Alternative to Bitcoin – Is It Still A Good Buy? appeared first on 99Bitcoins.

As of 12:00 PM UTC today, 26 June 2025, Sahara AI (SAHARA) made its debut and started trading on top tier exchanges, including KuCoin, OKX, Bitget, MEXC, CoinW, Bitrue, XT.COM, and HTX. Sahara AI is a decentralized artificial intelligence project whose native token has surged by an astonishing 40,389% against the US Dollar following the announcement of its listing on Binance Alpha on 21 June 2025. SAHARA has a total of $51.5M raised, with significant backing from industry giants YZI Labs (ex-Binance Labs), Polychain Capital, and Pantera Capital. And now, the crypto world is buzzing with the meteoric rise of the token. The airdrop is now live. After listing, SAHARA will be available in multiple trading pairs, such as USDT, USDC, BNB, FDUSD, and TRY. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Key Takeaways Sahara AI’s explosive debut on Binance Alpha and other major exchanges has put it in the spotlight as one of the most hyped crypto projects of 2025. Unlike traditional AI platforms that often encrypt models and data, Sahara AI gives developers full control and ownership of their creations. The post Sahara AI Makes Debut On Top Tier Exchanges: SAHARA Price Prediction 2025 appeared first on 99Bitcoins.

Join OANDA Market Analyst Kenny Fisher, Nick Syiek (TraderNick) and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

The SEC’s filing cabinet has to be pretty full these days, and their ‘paperwork pending’ stack is getting perilously high. Invesco Ltd and Galaxy Digital LP combined forces to offer another Solana-based exchange-traded fund (ETF). They filed the appropriate paperwork with the SEC and joined at least 12 other potential spot and future ETFs on the SEC to rule on their status. The competition for the leading $SOL ETF takes place at the most visible end of the crypto ecosystem. Far lower down, there’s a different race on, with Snorter poised to corner the market in the fast-paced world of Solana meme coins on Telegram. It’s two ends of the same spectrum and speaks to the growing strength and versatility of the Solana ecosystem. Invesco Galaxy Solana ETF Ready to List Why the race for a Solana ETF? Partly because of the tremendous success of Bitcoin and Ethereum ETFs: $IBIT: iShares Bitcoin Trust, $70.6B Assets Under Management (AUM) $FBTC: Fidelity Wise Origin Bitcoin Fund, $20.4B AUM $GBTC: Grayscale Bitcoin Trust, $19.6B AUM $ETHA: iShares Ethereum Trust, $3.9B AUM $ETHE: Grayscale Ethereum Trust, $2.8B AUM It’s no surprise that more players are ready to enter the game, particularly as the realms of traditional finance (TradFi) and decentralized finance (DeFi) move ever-closer together. Only $BTC and $ETH currently have single-asset crypto ETFs, but the pile of pending filings includes everything from $XRP to $SOL to the first-ever NFT ETF, with Pudgy Penguins ($PENGU). And with single-asset crypto ETFs rolling along, institutions aren’t waiting around for the SEC. They’ve already started to move towards multi-asset ETFs. Converting Existing Funds to Multi-Asset ETFs One of the holdups so far has been that the SEC lacks a clear set of rules around crypto ETFs, even after the $BTC and $ETH approvals went ahead. The question now is, will the SEC hold approvals until they draw up new rules? Or will they approve first and develop the rule set as they go? There is some time pressure at work here. Grayscale wants to convert its Digital Large Cap Fund (GDLC) to an ETF, and the deadline for that is July 2. That fund already holds a number of crypto assets, including $XRP, $SOL, and $ADA. If the conversion is approved, look for others to follow. Investment managers from Bitwise to Hasdex have plans to convert other funds to multi-asset ETFs that include cryptos. The funds sit at the top of the financial and investment world, and every one that gets approved boosts Solana’s long-term outlook just slightly. But much, much farther down, there’s another reason to be excited for Solana. The frenetic, fast-paced world of Solana meme coin trading just got a tool that could bring much-needed clarity and make finding those 10x or 100x opportunities much easier. Snorter Token ($SNORT) – One Bot to Rule Them All for Meme Coin Trading on Telegram What do you need to find and trade memes on Telegram? You need: Lightning-fast transactions and swaps Automated sniping, to get in and out at the right time Protection from rug pulls, honeypots, and front-running trades Thankfully, traders now have Snorter Bot, the meme coin-styled trading bot designed specifically for trading low-cap Solana memes on Telegram. The $SNORT token powers the bot, providing for rapid trade execution and the lowest fees possible. The project’s presale has already raised nearly $1.3M in a few weeks, indicating broad support. The roadmap includes launching the bot on Solana but expanding to EVM-compatible chains post-launch. In the meantime, the plans feature a token bridge and a built-in Telegram dashboard. No more avoiding Telegram tokens; traders can dive in with confidence with Snorter. Visit the Snorter website to learn more. Solana ETFs Mark the Next Stage of Crypto Adoption As plans proceed, even the rate of ETF filings indicates just how fast crypto adoption is moving. From Wall Street boardrooms to Telegram chats, Solana is becoming increasingly accessible to investors of every stripe. Keep an eye on Snorter, and another on the broader Solana ecosystem. But remember – always do your own research. This isn’t financial advice.

You’re sipping coffee, barely awake, while trading wizards trade for you, banking profit. That’s crypto copy trading in a nutshell. It lets seasoned traders trade while copy traders piggyback on their moves. Many crypto platforms are going this route, with one gearing up for a new copy trading platform promising speed and clarity. BitMEX is coming with a copy trading platform, a feature scheduled to launch in July 2025. Their CEO, Stephan Lutz, is pushing a copy trading system built on low latency. BitMEX’s “social Trust” will also let users follow trusted players known to read the market well. Copy trading levels the field, and Lutz knows this. BitMEX’s feature is not just for the pros; it aims to give a lifeline for rookies who’d otherwise drown in jargon. By shadowing top dogs, copy traders get to win with the same P&L as whoever they clone. Lutz’s vision at BitMEX leans into this, with a “social-trust layer” connecting users to legit talent. BitMEX’s feature aims to make this smooth and reliable. Pick a winner, and let accounts grow. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year Lutz’s Low Latency? Lutz’s “social-trust layer” sounds fancy, but it’s genius. With it, BitMEX is blending trading with community, letting you align with personalities you best go along with. It’s less lonely, more profitable, and way more fun. BitMEX’s promise of low latency means users’ copied trades will hit the market before the opportunity vanishes. Every second counts, and Lutz hopes this edge will make BitMEX the go-to for copy trading, leaving competitors behind. BitMEX could make crypto copy trading a staple in the industry. Stephan Lutz is steering this ship with a focus on what works: speed, trust, and ease. “Copy trading is common, but we want to fix key issues. One is latency – your copied trade must execute within milliseconds of the original. Otherwise, you’re chasing shadows. The issue is to offer a service and the server infrastructure to match. Second is the human element. Traders don’t just want top-performers; they want transparency. They want to follow people they trust—streamers, analysts, personalities they know. We’re building that social-trust layer, so copy trading becomes a confident, informed choice, not just an algorithmic click. The AI reports are for pros trying to fine-tune their edge. Copy trading is for newer or time-poor traders who want to trust someone else’s strategy. It’s more community-driven and social in design.” DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways You’re sipping coffee, barely awake, while trading wizards trade for you, banking profit. That’s crypto copy trading. BitMEX is coming with a copy trading platform, a feature scheduled to launch in July 2025. The post Bitmex CEO Targets Crypto Copy Trading: Is This Best Way to Get Rich in Crypto? appeared first on 99Bitcoins.

Overview: The US dollar was weak yesterday, but it has been pummeled today. It is down against the G10 currencies and all but the Russian ruble and Turkish lira among emerging market currencies. The proximate trigger of today's sell-off were news reports that a successor to Fed Chair Powell could be announced in a few months. The attempt to influence the Fed so directly does not set well with investors. In the Fed funds futures market, the odds of a July cut have crept up, but are around a 1-in-4 chance. However, there are now almost 63 bp of easing discounted before the end of the year. That is the most since early May. This, combined with the month/quarter end flows and the looming end of the respite from the so-called reciprocal tariffs (July 9) takes a toll. Most equity markets are higher. In the Asia Pacific area, China, Hong Kong, Australia, and South Korea were notable exceptions. Europe's Stoxx 600 is up about 0.25% near midday, after falling by nearly 0.75% yesterday. US index futures are 0.2%-0.4% higher. Benchmark 10-year yields are softer, though the two basis point rise in the Japanese government bond yield is the outlier. European rates are mostly 1-2 bp lower and the 10-year US Treasury yield is off a basis point to 4.28%. The expected year-end effective average for Fed funds is now 3.70%. This is the fifth session it is falling. It is 11 bp lower than at the end of last week. The US 10-year yield is also lower for the fifth consecutive session and is about 10 bp lower on the week. Gold prices are firmer, but the yellow metal continues to trade in Tuesday's range, as it did yesterday (~$3295-$3370). Similarly, August WTI also remains inside Tuesday's $64.0-$67.85 range. It was inside yesterday's range (~$64.50-$66.00), as well. USD: For the second time this week, the Dollar Index gapped lower today. Yesterday's low was about 97.65 and today's high is 97.60. The earlier gap (~98.27-98.35) created by Tuesday's low. DXY is fraying 97.00 in Europe, a new three-year low. Technically, there seems to be little to hang one's hat on until closer to 95.00. However, the intraday momentum indicators are stretched, and the lower Bollinger Band is near 97.40 now. The US has a busy economic diary today, and after yesterday's poor reception to the five-year note auction, the Treasury comes back today with a $44 bln of seven-year notes. May's goods trade report will draw interest. The postpone of the so-called reciprocal tariffs appears to have seen a surge in US imports, the mirror image of the strong exports reported by several Asian countries. May durable goods order were likely flattered by a surge in Boeing orders, but excluding aircraft and defense, orders are expected to have fallen for the second consecutive month. And more importantly for capex, shipment of those core durable goods also expected to have decline for the second consecutive month. With Q2 winding down, revisions to Q1 GDP will barely be noticed. After two days of Chair Powell's testimony, the Fed funds futures imply a little more than a 15% chance of a July cut, which is virtually unchanged since the US jobs report, though a smidgeon more than the day after the FOMC meeting concluded. September seems a more realistic time frame. EURO: The euro reached a marginal new three-year high of$1.1665 yesterday and fray the upper Bollinger Band. It has cut through $1.17 today like a hot knife in butter and reached almost $1.1745 in early European turnover. The upper Bollinger Band is slightly above $1.1690 now. There is little meaningful on the weekly charts until $1.19-$1.20. Meanwhile, with little fanfare, the US two-year premium over Germany from 213 bp at the start of last week to 193 now, the least since the end of April. It is narrowing for the fifth consecutive session. Similarly, the US 10-year premium has been whittled down to around 173 bp from 195 bp two weeks ago. It also has not been less since the end of April. After narrowing for the past five sessions, it has steadied today. CNY: The dollar fell to a new low since last November today near CNH7.1525. Its recovery began in the local session and reached CNH7.1660 in Europe. It would not be surprising to hear of state bank purchases of dollars. Nevertheless, the PBOC set the dollar's reference rate lower today (CNY7.1620 vs. CNY7.1668 yesterday). It has not set the dollar's reference higher for two consecutive sessions for three weeks. Separately, the Hong Kong Monetary Authority intervened to sell dollar and by Hong Kong dollars to defend the band. The Hong Kong dollar has been used as a funding currency and the intervention will also impact liquidity and firm HIBOR. JPY: While the euro and sterling rose to new three-year highs yesterday, the yen was the weakest among the G10 currencies, falling slightly against the US dollar. The greenback held above the 20-day moving average near JPY144.55 yesterday and recovered to almost JPY146. But the weaker greenback overwhelmed today and is reached JPY143.75, an eight-day low. Trendline support may be near JPY143.35 and the mid-June low was about JPY142.80, with the lower Bollinger Band around JPY142.65 today. Resistance is seen near JPY144.50. After buying the fourth most foreign bonds this year in the week through June 13 (~JPY1.57 trillion, or ~$10.9 bln), Japanese investors continued to buy foreign bonds last week. The MOF's weekly report showed they bought another JPY615.5 bln foreign bonds. Tomorrow Japan reports Tokyo CPI and retail sales. GBP: Sterling barely traded below $1.3600 yesterday and worked its way above $1.3670, setting a new three-year high. It also frayed the upper Bollinger Band, which comes in near $1.3700 today. Its gains have been extended to $1.3765 today. The next chart area of note is near $1.3830. Unlike the euro, sterling took out last week's low on Monday and has now risen above last week's highs. A close tomorrow above last week's high (~$1.3620) would be a bullish technical development. Some tried to link sterling's strength to reports that Shell was in "active talks" to acquire BP, but sterling's highs were recorded after Shell issued a denial. The euro-sterling cross was in a narrow range and settled little changed yesterday and remains subdued today. CAD: The greenback's session high yesterday was recorded as European markets were closing near CAD1.3755. It spent the North American afternoon mostly consolidating above CAD1.3720 in choppy turnover. It has backed off today and tested Tuesday's low near CAD1.3680. As is often the case in the falling US dollar environment, the Canadian dollar lags behind the other G10 currencies. The year's low was set on June 16 near CAD1.3540. Canada reports April GDP tomorrow. It is difficult to extrapolate the monthly GDP into the quarterly estimates. In Q1, the sum of the monthly GDP was 0.3% but the quarterly estimate of 2.2% annualized was about 0.55% quarter-over-quarter. A flat April would mean that the monthly prints showed a 0.1% contraction over the past three months. The median forecast in Bloomberg's survey is for a 1% annualized contraction in Q2. Monetary policy was front-loaded. The Bank of Canada has signaled its monetary easing cycle is nearly over. The swaps market is pricing in another cut late this year. AUD: The Australian dollar has a three-day rally in tow, matching the longest in two months. It traded firmly in the upper end of Tuesday's range yesterday and reached the session high in late dealings to $0.6515. It has tested the more formidable resistance near $.06550 area. While the $0.6600 area may offer psychological resistance, the next important chart area is closer to $0.6700. Meanwhile, the Australia's two-year discount to the US is recovering after falling to a new 12-month low slightly more than 70 bp earlier this month. The discount now is slightly less than 60 bp. But the differential story does not appear to be critical now. The rolling 60-day correlation between changes in the Australian dollar and the Dollar Index has been hovering around 0.55 for the past two months. The 30-day correlation has been fairly stable around 0.70-0.75 since late last month. MXN: For at least the third time this year, peso demand emerged on knee-jerk dollar spikes higher. On Monday, the greenback spiked above MXN19.34. It reversed lower and fell slightly below MXN18.95 on Tuesday and below MXN18.90 yesterday. It is edged now toward MXN18.8665 today. The low since last August was seen 10 days ago near MXN18.8250. Below there, nearby support is around MXN18.80, and a break could target MXN18.60. It is an important day for Mexico. The May trade balance is due shortly and the outcome of the central bank meeting will be known later in session. Although Mexico reported two monthly trade deficits in the first four months of the year, it recorded a surplus of a little more than $1 bln compared with a deficit of $6.44 bln in the January-April 2024 period. Exports have risen by about 3.8% year-over-year through April, while imports have risen a little more than 0.5%. Chinese data shows it exported about 188k vehicles to Mexico between January-April 2025, making it the largest destination after auto exports to Russia dried up. The mostly small, energy efficient cars Mexico is buying from China do not face US competition. Nor are the cars Mexico exports to the US, Chinese made. To put the figures in perspective, note that Mexico exported 1.11 mln vehicles (mostly to the US) in the first four months of this year, which is little changed from the same period in 2024. Domestic Mexican car purchases were about 475k in the Jan-Apr period, giving China about a 40% market share. Meanwhile, Mexico CPI through the first half of June remains above the upper end of the 2-4% target range. Still, officials are more concerned about the faltering growth, and the central bank is widely expected to deliver another 50 bp cut today, which would being the overnight rate target to 8%. We expect it to signal a moderation of the easing pace going forward after four half-point cuts. The swaps market anticipates a terminal rate near 7.5%. Disclaimer

XRP spent the past forty-eight hours coiling into a textbook inflection zone, and the 15-minute chart published by independent analyst Casi makes it hard to miss where the battle lines now stand. Price is hovering at $2.18, clinging to a steeply rising trendline that has underpinned every impulsive thrust since the local swing low near the 0.618 retracement at $1.9824 on 23 June. That trendline intersects a horizontal shelf of former resistance-turned-support at the 1.618 extension measured from the same base move, labelled on the chart at $2.186. The confluence forms the geometric “apex of consolidation” Casi has been highlighting on X. XRP Price At Breaking Point “This trendline is everything right now,” Casi wrote. “We just got a clean reaction off it. This correction already reached the .382 retracement at $2.145, which also happens to be the apex of consolidation… that’s the most critical level on the chart, short-term.” The most recent corrective pullback already tagged the 0.382 Fibonacci retracement of the advance, exactly at $2.145, before bulls forced a reaction. As long as candles continue to close above that retracement—effectively the floor of the micro-range—Casi argues that the underlying market structure remains constructive. A decisive break beneath $2.145, by contrast, would represent both a loss of the diagonal trendline and a surrender of the consolidation base, signalling short-term weakness and, in his words, “opening the door to a deeper flush.” Overhead, XRP must still reckon with layered resistance. The first ceiling sits at $2.20, but the level called out as “the next big test” is the thicker pink band at $2.25. That mark capped price repeatedly during yesterday’s U.S. session and coincides with a prior 1.272 extension of the late-May corrective leg. “If we can flip that level, we’ll likely open the path toward the $2.69 retrace test,” Casi noted, “and from there, the breakout potential increases dramatically!” If price can reclaim $2.25 on expanding volume and then retest it as support, the chart leaves an unobstructed lane toward the 2.618 extension at $2.296—effectively $2.30—and, by projection, the $2.69 Fibonacci target that would complete the measured-move roadmap Casi is tracking. Momentum, however, is not yet offering a clean green light. The lower pane shows a 14-period RSI capped by its own descending trendline that has compressed every rally since 24 June. With the oscillator printing 46.24 (signal) versus 43.59 (base line) at the time of the screenshot, the gauge is climbing but still mid-range. A marginal higher high in price paired with a lower high in RSI would etch a textbook bearish divergence—an outcome Casi told one follower he is “expecting to set up” if XRP pierces $2.25 before consolidating anew. “I think this next high will form a bearish div,” he added. “The RSI is telling me it’s about to set that up.” In short, the token is balanced on a knife-edge: the bull case hinges on the integrity of the $2.145–$2.186 support complex and a breakout through $2.25, while the bear case rests on trendline failure and an RSI divergence confirming upside exhaustion. With liquidity thinning into the weekend, the resolution of this narrow consolidation could shape the next wave—whether that proves to be the ignition of a larger third impulse or the start of a deeper corrective detour. As Casi put it, “This is the kind of price action you want to see if XRP is serious about continuing this new trend to the upside.” At press time, XRP traded at $2.19.