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Copper prices surged nearly 6% on Monday, supported by a weaker dollar and investor concerns over potential US tariffs on copper imports. On the COMEX, copper for July delivery rose 5.8% to $4.949 per pound ($10,887 per tonne). The rally followed President Trump’s announcement late Friday that the US will double tariffs on steel and aluminum to 50%, starting this Wednesday. Benchmark three-month copper on the London Metal Exchange (LME) was up 0.7% at $9,572 per metric ton as of 07:06 GMT. China’s commodity markets were closed on Monday for the Dragon Boat Festival holiday. The dollar edged lower, paring gains from last week, as markets assessed the potential growth and inflation risks stemming from President Trump’s latest tariff policy. China’s manufacturing activity contracted in May for a second consecutive month, according to an official survey released Saturday, fueling expectations of further stimulus to support the economy amid a protracted trade war with the United States. (With files from Reuters) Copper and the new resource spheres of control MINING.COM and The Northern Miner mapped global copper production through a geopolitical lens, dividing the world into five “spheres of control”: American, Chinese, Russian, Coalition of the Willing, and Undrafted. These groupings reflect geographic, social, cultural, and economic ties—as well as potential alignments in an increasingly polarized world. Explore the full infographic:

Traders are leaning bullish on the gold futures price, with the GC00 curve steepening, according to Correlation Economics. Gold’s dip during the U.S.-China trade war earlier this year wasn’t a flight from safety—it was a byproduct of a stronger dollar and a broad risk rally that lifted the S&P 500 15% off its lows. “Gold actually has properties — you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.” — Peter Schiff, guy who would trade his wife for gold So what’s a better hedge against inflation: Bitcoin or gold? Truth be told, neither protect you from inflation. Everyone today is completely confused as to what inflation is. The problem is that if you don’t understand this simple point, then you’re not going to understand the long-term value of cryptocurrency, gold, or even stocks. Here’s what you should know: 24h7d30d1yAll time Crypto is NOT a Hedge Against Inflation Bitcoin and Ethereum aren’t insurance policies against inflation—they’re bets against fiat debasement. Inflation isn’t just about printing money. It’s what happens when supply chains fracture, wars break out, or demand outpaces production. The Federal Reserve printing dollars doesn’t automatically spike prices at the grocery store. What it does do is pump financial assets—stocks, crypto, housing—because that’s where the liquidity lands. (Source) Sure, you shouldn’t print too much money — like the Federal Reserve printing 1/4 of the total supply of dollars ever— but the main factor in inflation isn’t the printing of money, it’s the supply and demand of goods. They think that a rampant inflation crisis will cause the price of gold to go up. This isn’t the case. When it comes to out-of-control inflation, nothing can protect you. Gold Is Worth Slightly More Than It Was 40 Years Ago Bitcoin tends to move with tech stocks. So, for perspective, here’s how a $1 investment in different asset classes back in 1802 would’ve played out: Source Gold is acceptable as a complement to your stock portfolio. That’s it. The only excuse for making it your primary asset is by being schizophrenic with a hard-on for armageddon. It’s probably why Peter Schiff’s top videos are “Stock up this could get very ugly” or “We’ve never seen anything like this” or “We’re about to suffer much worse than I thought.” So what about Bitcoin and Ethereum? In a world where inflation eats wages and savings earn less than your local vending machine, crypto offers a counterweight. Not because it’s trendy, but because the top cryptocurrencies like Bitcoin, Ethereum, SOL, SUI, and others don’t bend to policy whims. Scarcity is built in. Supply is capped. And as more people find reasons actually to use these networks, the pressure only builds—this time in the right direction. Source In a world of unhinged economic uncertainty, including a Federal Reserve that controls the economy like a dictatorship and banks that promise you’ll own nothing by 2030, it’s good to have a store of value that can’t be debased. That’s what crypto is. And that’s why it’s stronger than ever in the summer of 2025. EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Traders are leaning bullish on the gold futures price, with the GC00 curve steepening, according to Correlation Economics. In a world where inflation eats wages and savings earn less than your local vending machine, crypto offers a counterweight. The post Is Gold Futures Price A Better Investment Than Bitcoin Now? appeared first on 99Bitcoins.

Silver prices marched past the $34-an-ounce mark on Monday as market sentiment soured over the weekend in the wake of renewed US-China trade tensions. Spot silver traded as high as $34.31 per ounce during the session, for a gain of more than 4%. Comex silver futures also rose 4.5% to $34.51 an ounce. Driving the rally were heavy inflows into hard assets as the markets digested a potential re-escalation in Sino-American conflicts, which began last week when US President Donald Trump claimed China had violated their trade truce. Beijing later denied Trump’s accusations, stating it was Washington that provoked frictions between the world’s two superpowers by reneging on their previous agreement. The dragged-out trade dispute boosted the appeal for safe havens including silver, which has gained about 14% so far this year.

The US Dollar is beginning the week on a tough note as the White House appealed the Federal Court decision to block US tariffs - which has also dampened the risk-appetite on the week. All majors are higher with the Asian-Pacific currencies leading the charge - NZD and JPY are both up above 0.80% against the USD in the morning session. Gold is also much higher +2.40% on the day, with Bitcoin and Stock Indices down (though not by too much). Let's dive into a DXY Analysis starting from the Monthly timeframe. Read More: Markets Today: Sentiment Takes a Hit on Trump's Latest Tariffs Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. 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.

Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The unplanned downtime – caused by a maintenance shutdown of the SAG mill – will have no material impact on 2025 output, Teck said Monday in a statement. Carmen de Andacollo will mitigate the effect of the interruption by rescheduling some plant maintenance work to coincide with the halt, Teck said. Teck said it expects Carmen de Andacollo, which accounts for about 10% of consolidated 2025 copper output, to produce 45,000 to 55,000 tonnes of the metal this year as forecast. One month of unplanned downtime could reduce 2025 earnings before interest, taxes, depreciation and amortization by less than C$20 million, National Bank Financial mining analyst Shane Nagle said in a note. Rescheduling the planned maintenance should help to make up the shortfall in the second half, he said. QB port Teck also announced an unrelated temporary outage of the shiploader at the Quebrada Blanca port facility in northern Chile. Repairs to the shiploader should also take about a month, Teck said. Operations at the Quebrada Blanca mine and plant continue normally, Teck said. Since the operation can ship via alternative ports, there should be no material sales impact from the outage, the company said. Teck has said it expects Quebrada Blanca to produce 230,000 to 270,000 tonnes in 2025. Overall, the company is aiming to produce between 490,000 and 565,000 tonnes of copper this year. “Demonstrating operational improvements at Quebrada Blanca throughout the second half is required to support a re-rating,” Nagle said. Teck’s Class B shares were little changed at C$50.93 apiece in morning trading Monday in Toronto. That gave the company a market capitalization of about C$25 billion.

Keeta crypto (KTA) has broken out overnight, surging +25% as the Base chain project continues its run as one of the strongest-performing tokens in 2025. With Bitcoin consolidating nicely at around $103k, altcoins are being given room to run, with KTA and GIZA being two of the best-looking plays right now. Another Base project, Giza (GIZA), has been showing signs of a Keeta-style breakout in recent weeks, with many wondering which of KTA or GIZA is the best Base Chain play. Giza (GIZA) is the latest utility play on Base chain, seemingly catching everyone’s attention. Unlike Keeta crypto, launched over three months ago, GIZA only went live on May 20, with disappointing price action right out of the gate. Due to 13.8 million GIZA tokens being airdropped to early protocol participants, heavy sell pressure resulted, and the price dropped from around $0.11 to $0.037 as airdrop recipients began taking profits. This is a common occurrence for any new crypto launch that coincides with an airdrop alongside its TGE (token generation event). GIZA was no different. However, 3 days later, on May 23, GIZA found its bottom and surged over 400% to $0.177 before a fresh dip to $0.08 as airdrop recipients began taking profits again. With sellers seemingly exhausted, GIZA has since formed a bullish structure on LTF and HTF and is now back trading at around $0.17. GIZA is an innovative concept on the Base chain, providing infrastructure to build and launch AI Agents to create DeFi trading strategies for users. During its early funding rounds, GIZA received investment from Coinbase, Arrington Capital, and the Base Ecosystem Fund, among many others. Over $8 million was raised during the pre-seed round in 2023. With GIZA’s market cap of just $11.5 million at current prices, many traders are eyeing it as the perfect beta play to Keeta. KTA has already experienced a parabolic run over the past month, leading many to believe it may have run out of juice, at least in the short term. If this proves to be true, new base-chain utility plays such as GIZA may attract a bid from KTA holders who are rotating profits into fresh plays. This can actually be proven when looking at some of the top GIZA holders. Many of the top wallets holding GIZA either hold KTA too or have rotated from Keeta crypto into GIZA. DISCOVER: Best New Cryptocurrencies To Invest In 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Keeta Crypto Spikes +25% Overnight: Is KTA or GIZA The Best Base Chain Play Right Now? appeared first on 99Bitcoins.

Most Read: Markets Today: Sentiment Takes a Hit on Trump's Latest Tariffs, Gold Rises, DAX Slips The ISM Manufacturing PMI in the U.S. dropped to 48.5 in May 2025, down from 48.7 in April and below the expected 49.5. This marks the third straight month of decline in the manufacturing sector and the biggest drop since November 2024, showing growing economic uncertainty and ongoing cost pressures, partly due to unpredictable trade policies under the Trump administration. close Source: TradingView /media/images/US30USD_2025-06-02_15-44-07.width-1400.png Source: TradingView Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. 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.

Bitcoin’s bullish momentum has somewhat faded after reaching an all-time high of $111,000 on May 22, casting doubt on the sustainability of the rally. Bitcoin has pulled back slightly after its record-setting push, and analysts are split on what this means for its price action going forward. Interestingly, not everyone is convinced the recent all-time high reflects genuine strength. One of the most notable voices challenging this is certified crypto expert Tony “The Bull” Severino, who warned that Bitcoin’s move may not be as solid as it looks on the surface. In his assessment, Tony Severino argues that the breakout to $111,814 lacks the technical confirmation usually associated with a true bullish breakout. He noted that while BTCUSD did print a new high, other major trading pairs did not follow suit. Failed Breakout Indicates Weakness Rather Than Strength Particularly, Bitcoin failed to reach a new all-time high against currencies such as the Euro, British Pound, Japanese Yen, and the Swiss Franc. The same applies to BTC/XAU, Bitcoin’s price measured against gold, which currently lags far behind its former peak of 41 ounces per Bitcoin. At the time of writing, that pair is still hovering at 32 ounces, a significant difference that suggests the upward momentum is isolated to the US Dollar. This divergence leads Severino to argue that the move could be a byproduct of the USD’s weakness rather than Bitcoin’s strength. A true bullish breakout, he says, would have been evident across multiple currency pairs and asset benchmarks. His skepticism is further reinforced by the structure of the charts, as seen in the six comparative panels he shared on the social media platform X. Most of them show Bitcoin forming lower highs or simply failing to match the previous all-time level. For instance, Bitcoin priced in euros is still well below its peak of €105,890, currently trading around €93,229. Similarly, Bitcoin has failed to breach the 17 million mark against the Japanese Yen and now sits at ¥15.28 million. The same trend is repeated in the Swiss Franc and British Pound pairings, with BTC / Swiss Franc failing to cross 99,254 and BTCGBP forming a lower high at $78,228. These price actions make it difficult to argue that Bitcoin is in a universally strong position, particularly when measured in anything other than USD. Caution With Next Monthly Candle Open In conclusion, Tony Severino warns traders and investors not to be misled by the surface-level optimism that comes with a new all-time high in BTCUSD. A single breakout, especially one lacking confirmation from cross-pair strength and fundamental indicators, does not necessarily signal the start of a new wave five or a sustained bullish trend for the Bitcoin price. According to him, the May monthly candle close and the June monthly candle open will be important in determining the next direction. If the current indecision tilts bearish, technicals could teeter back bearish towards a larger correction. At the time of writing, Bitcoin is trading at $104,850 after reaching a 24-hour low of $103,832. This is a brief recovery from its June open of $104,646.

Key pitfalls that can derail your forex trading journey Trading strategies to safeguard your capital from day one 8 Rookie Mistakes Every New Forex Trader Should Avoid Entering the forex market can feel like striking gold—leverage promises big returns, and success stories abound. Yet without discipline, structure, and risk management, most new traders burn out before mastering the craft. Avoid these eight common rookie mistakes to fast-track your journey from demo accounts to consistent profitability. Mistake 1: Guessing Instead of Planning Why it hurts: “Punting” or making unplanned, random trades based on a hunch is gambling, not trading. Markets can reverse in seconds—one lucky guess won’t overcome repeated mistakes. How to fix it: • Develop a clear trading plan with defined entry, exit, and risk parameters. • Backtest your strategy on historical data before going live. • Treat each trade like a business decision, not a coin flip. Mistake 2: Lack of Consistency Why it hurts: If your results swing wildly—big wins one week, heavy losses the next—you can’t build capital or confidence. How to fix it: • Trade the same setup every day until you master it. • Keep position sizes uniform relative to your account. • Review your trading journal weekly to spot patterns and improve. Mistake 3: Trading With Emotion Why it hurts: Fear and greed drive impulsive entries and exits, chasing losses or holding winners too long. How to fix it: • Be disciplined with your stop loss and take-profit orders. • Use pre-trade checklists: only pull the trigger when all conditions are met. • Practice mindfulness techniques to stay calm under pressure. Mistake 4: NOT Treating Trading as a Business Why it hurts: Treating forex like a casino leads to short-term thinking, chase-and-basing trades on hope rather than a systematic approach. How to fix it: • Set monthly and quarterly goals for returns, drawdowns, and skill development. • Track expenses, commissions, and net profit—just like a P&L statement. • Continually invest in education: courses, books, and mentorship. • Use this article as a guide: How to Turn Your Trading Into a Business Mistake 5: Ignoring Experience and Starting Too Big Why it hurts: Jumping in with large capital or real money before you’re ready often leads to account blow-ups. How to fix it: • Begin with a demo account or micro-lots to learn platform mechanics. • Gradually scale your position size in line with your growing skill set. • Expect losses—view them as tuition in your trading education. Mistake 6: Overcomplicating Your System Why it hurts: Too many indicators, expert advisors, or conflicting signals can cause paralysis by analysis. How to fix it: • Embrace the K.I.S.S. (Keep It Simple, Stupid) principle. • Focus on 1–2 reliable indicators (e.g., moving average crossovers, RSI). • Build rules around price action and clear chart patterns. Mistake 7: Not Using Stop Losses Why it hurts: Trading without a stop loss exposes you to unlimited downside. One sudden spike up or down can turn a profit into a loss. . How to fix it: • Always set a stop loss based on technical levels (support/resistance, ATR). • Risk no more than 1–2% of your account on any single trade. • View stops as protection, not as “giving up” on a trade. Imagine trading on the wrong side without a stop? (USDJPY 1 hour chart) Mistake 8: Ignoring Larger Timeframes Why it hurts: Focusing exclusively on 5- or 15-minute charts can lead you to fight the dominant trend, resulting in frequent false breakouts. How to fix it: • First, analyze the daily or 4-hour chart to identify the primary trend. • Then, time your entries on shorter timeframes in alignment with that trend. • Be aware of chart levels that would continue or reverse the major trend. • Put short-term price action in perspective, whether it represents consolidation, retracement, trend or reversal/breakout of major trend Overcoming Rookie Trading Mistakes If this list resonates, you’re already on the path to improvement. Forex trading is not a shortcut to quick riches. It demands a methodical, business-like approach. Start small, keep your plan simple, manage every risk, and maintain emotional discipline. Over time, these habits build the foundation for consistent profitability with potential for long-term success in the world’s largest financial market. Take a FREE Trial of The Amazing Trader – Click HERE

Bolivia’s plans to emerge as a major lithium producer have hit an impasse after a local court ordered the suspension of two major extraction deals signed last year valued at more than $2 billion, according to media reports. The contracts were signed in 2023 and 2024 respectively with China’s CBC consortium, which includes battery manufacturer CATL, and Russia’s Uranium One Group, a subsidiary of state nuclear firm Rosatom, as revealed by various publications including Bolivia-based El Deber. The deals aimed to establish direct lithium extraction (DLE) facilities in Salar de Uyuni in southwest Bolivia. The salar is host one of the world’s largest lithium reserves, and forms part of the larger Lithium Triangle shared with Chile and Argentina. The suspension order was issued last week by a mixed court of Colcha K, a village located in the Potosí region, after a legal complaint was filed by Indigenous groups arguing that the projects had violated their environmental rights and were allowed to proceed without formal consultation. Both projects have yet to receive legislative approvals but had already initiated preliminary activities on-site, which the local group claimed were conducted without proper authorization or environmental assessments. 35,000 tonnes Yacimientos de Litio Bolivianos (YLB), Bolivia’s state-owned lithium company, holds a 51% stake in the two ventures. Together, the proposed plants are expected to produce 35,000 tonnes of lithium carbonate a year, Omar Alarcon, head of YLB, said in a press conference last year. As reported by the Argentine paper Infobae, the court ruling will prohibit YLB as well as the Ministry of Hydrocarbons and Energy, from undertaking any administrative or operational steps related to the contracts until the judicial process is concluded. However, the Bolivian government has maintained that it has yet to be formally notified of the court ruling, and insists that until official communication is received, the legislative process surrounding the contracts will continue. Ministers’ response Álvaro Arnez, vice-minister of Alternative Energies, in a statement to El Periódico de la Energía, brushed aside allegations that unauthorized exploratory operations were already impacting local water availability. Meanwhile, Minister of Economy Marcelo Montenegro dismissed the ruling as a “politically motivated obstacle to regional development.” In addition to the environmental concerns, questions have also been raised regarding the financial and operational responsibilities assigned to the Bolivian state. For instance, the Uranium One contract obliges YLB to repay all construction and exploration costs, despite the Russian partner having no obligation to operate the plant, according to Fundación Milenio, a think tank. The court order underscores the ongoing political instability that continues to hinder Bolivia’s efforts to develop its vast lithium reserves, which the government estimated at 23 million tonnes in a study.

Elon Musk’s antics on X are there for everyone to see. While some may not be in favor of his ‘unserious’ online persona, crypto degens, for one, love every bit of it. After all, one tweet from the tech mogul can send any crypto’s price soaring. Something similar happened on Sunday night, when Musk took to X to post a 15-minute clip from the video game Path of Exile. Keep reading to learn more about Elon Musk’s Kekius Maximus obsession, his history of spiking meme coin prices, and discover a few legitimate/safe meme coins getting ample attention right now. Decoding the Kekius Maximus Episode Musk’s X post, captioned ‘Kekius Maximus pit level 117, hardcore rank 1,’ showed an in-game character named Kekius Maximus fighting off enemies and scoring points. Almost immediately after Musk’s tweet, several meme coins named after Kekius Maximus recorded significant spikes. For example, the Ethereum-based Kekius Maximus ($KEKIUS) shot up around 10%, whereas the Solana-based $KEKIUS rose by a chunky 9.5%. However, the most notable fact here is that Elon Musk isn’t personally affiliated with any of these cryptos, meaning they’re all ‘unofficial’ at best, if not ‘fake.’ This significantly increases the risk of them being rug pulls, cash grabs, or outright scams. Instances of traders not being able to sell their meme coin positions are, unfortunately, quite common. Musk’s History with Meme Coins Interestingly, Musk has a habit of tweaking his X username to show his support for a particular cryptocurrency. For instance, he changed his X bio to ‘CEO of Dogecoin,’ which led to a noticeable surge in $DOGE’s price. Speaking of $DOGE, Elon Musk was, in fact, one of the biggest catalysts behind its historic growth. Remember Musk’s famous SNL appearance back in 2021? He humorously referred to himself as the ‘Dogefather,’ hyping up the dog-themed meme coin like very few could. Floki Inu is another mainstream meme coin that jumped off Elon’s shoulders. Floki, in case you didn’t know, is the name of Musk’s real-life pet dog. Also, this is exactly what happened with CZ’s Broccoli. Soon after the crypto legend expressed his approval of meme coins and revealed his pet dog’s name (Broccoli), the crypto market saw a slew of $BROCCOLI tokens. Again, none of these were ‘official’ coins, even though a couple of them ended up with over 1,000% gains in less than a week. Sure, you can potentially make a fortune in one such wild celeb-fueled crypto rally. However, it makes little sense to gamble on such tokens when you can invest in legitimate, fundamentally strong cryptos like the ones below. These offer serious utility to encourage long-term holding. 1. MIND of Pepe ($MIND) – Best Meme Coin to Buy Right Now MIND of Pepe ($MIND), with an AI-infused Pepe the Frog as its mascot, is quite possibly the best crypto to buy right now. It’s an AI agent designed to always stay on top of online crypto chatter and real-time market activity, which is how it’s able to identify the next big crypto coin with decent accuracy. Here’s how $MIND works: It interacts with crypto influencers on online platforms like X, sparking thoughtful conversations with its context-aware tone and crypto lingo. After assessing the community’s biases, $MIND looks up live activity data, such as early investor funding, volume spikes, and token launches. Finally, the AI agent combines the two to point $MIND holders towards the best cryptos to invest in. Additionally, as a self-evolving AI agent, MIND of Pepe will also one day be able to create its own tokens. Needless to say, these new cryptos will be built around current market trends, which will put them in a great position to rocket to the moon. For access to MIND of Pepe’s actionable crypto investment advice as well as its handcrafted tokens, you’ll have to become a $MIND holder. The best part? You can buy $MIND now for just $0.0037515. That’s because the project is currently in presale, and it’s doing well, with over $12M raised. However, the presale ends in less than 24 hours, so hurry up! This is your last chance to grab $MIND at this price before it goes live on exchanges. 2. Solaxy ($SOLX) – First-Ever Solana Layer-2 with $43.2M in Presale Funding Solaxy ($SOLX) is another revolutionary crypto with Pepe the Frog as its face. Solaxy’s Pepe, however, features Einstein-like hair, signaling the project’s real-world application and importance. $SOLX aims to solve Solana’s long-standing problems of network congestion and scalability, which crept up soon after $TRUMP’s success flooded the blockchain with more investors than what Solana was equipped to handle. By building the first-ever Layer 2 solution on Solana, Solaxy will reduce the burden on the network’s mainnet. The new L2 will offload a bunch of transactions onto a sidechain. Moreover, Solana will also benefit from Solaxy in the form of increased affordability. That’s because $SOLX will process transactions in batches, which will reduce the cost per transaction. Given Solaxy’s one-of-a-kind mission, it’s hardly a surprise that it’s predicted to shoot up over 11,400% and reach $0.20 by 2030. It’s currently live, but the presale will be ending in less than 15 days. To make the most of Solaxy’s growth, become an early investor in the project — you can buy some $SOLX for just $0.001744. 3. Pepecoin ($PEP) – Pepe-Inspired Meme Coin Currently Breathing Fire Pepecoin ($PEP) looks and feels very similar to the OG $PEPE crypto, but it has a handful of unique features up its sleeves. For starters, unlike other popular meme coins, $PEP runs on its own blockchain. This allows it to not only offer low transaction fees but also completely eliminate Ethereum’s gas fees. Another unique Pepecoin feature is that it supports merged mining. This simply means that you can mine two or more crypto coins, like Dogecoin and Litecoin, simultaneously without using any additional computing resources. Also, $PEP’s commitment to decentralization is evident from the fact that all of the coins have only been distributed through mining – no pre-mine or team allocation. Since its launch in January 2024, $PEP is up nearly 3,300%. It’s also one of the top trending cryptos currently, with an over 34% gain over just the past seven days. Each coin is currently available for a low price of $0.0002690. Beware of Fake Meme Coins & Don’t Forget to DYOR With fake meme coins running riot through the crypto market, it’s important to be cautious of the tokens you select for investment purposes. That said, even with legitimate projects that show high potential and aren’t as reliant on a celebrity tweeting in their favor, like MIND of Pepe ($MIND) and Solaxy ($SOLX), they’re still dependent on the broader market sentiment. No crypto investment is free from risk. We advise you to do your own research before investing; this article is not financial advice.

Environmental groups and some First Nations oppose Ontario’s Bill 5 to boost mining despite changes by Premier Doug Ford who calls it an opportunity of a lifetime. The proposed law, the Protect Ontario by Unleashing our Economy Act 2025, aims to accelerate mining development and create First Nations-led special economic zones such as for the Ring of Fire region north of Lake Superior, but Indigenous leaders are challenging it. “Bill 5 is a direct attack on our nations, our people, our treaties, and our future generations,” Grand Chief Alvin Fiddler of the Nishnawbe Aski Nation (NAN) said in a standing committee meeting at Queen’s Park this week, according to a release. NAN represents 49 First Nations in Ontario’s North. “Ontario is claiming they are fast-tracking this legislation and eliminating red tape to respond to tariffs and global economic instability. However, it is clear their goal is to fast-track development in our territories and eliminating red tape really means eliminating our rights.” Premier Doug Ford disagrees. “This is an opportunity of a lifetime that no provincial government has ever given the indigenous communities across the province,” Ford told reporters on Friday. “They will thrive, they will prosper and that’s what they want.” He said the opponents are a very small and vocal group. “Wouldn’t that be a disappointment? Do they think Ontarians and Canadians are going to be in favour when you block a railroad, block a road? That’s counterproductive.” Ford says he’s willing to have discussions with the opponents, and would allow some to decide not to take part in development. “There’s certain areas, they just don’t want to do anything. Fine. You don’t want to do anything? You’re left behind. We’re moving forward.” Ford said the province has set aside C$3 billion to help Indigenous communities become equity partners in mining projects, C$70 million in training and C$10 million for scholarships for Indigenous communities. Special economic zones The proposed special economic zones could exempt projects from other regulations and laws. Wyloo Metals plans to develop its Eagle’s Nest battery metals project in the Ring of Fire region, about 540 km northeast of Thunder Bay. The government has pledged that First Nations to be affected will be consulted and this week also said that Indigenous-led economic zones will be created, though it’s given few details. However, Indigenous leaders and environmental groups say the legislation and the potential First Nations-led zones ignore their rights and concerns. ‘Lawless zones’ “This bill contains no checks or balances of any kind,” Ecojustice lawyer Laura Bowman told a Queen’s Park committee meeting on Monday. “It is a blank slate allowing cabinet to create lawless zones for trusted proponents and special projects in secret, using secret criteria.” Provincial Indigenous Affairs Minister Greg Rickford and Energy and Mines Minister Stephen Lecce have said consultation with First Nations, especially the ones in the Ring of Fire region, is on their agenda for the summer. The premier said developing the Ring of Fire region would be the leading infrastructure project he’s pitching to Prime Minister Mark Carney at the premiers meeting in Saskatchewan next week. Slams Bill C-69 Ford also spoke out against the federal government for continuing to support Bill C-69, which was enacted in 2019 and is commonly known as the Impact Assessment Act, for delaying pipelines. Critics say the Act makes project approvals slower and more uncertain; supporters argue it leads to more responsible development. The provincial opposition NDP led filibustering against the bill this week in legislative committee meetings, which have delayed the bill’s passage. The government plans to pass the legislation before the summer recess begins on June 9. Groups including the Nishnawbe Aski Nation and Chief of Ontario have scheduled a protest rally against the bill at Queen’s Park on Monday. NAN and the Chiefs of Ontario, led by Abram Benedict, did not immediately respond to Northern Miner requests for comment.

The presidential election in South Korea is shaping up to be bullish for crypto, with both leading candidates waving the pro-crypto flag. This is good news for cryptocurrencies and crypto wallets alike. It’s been six months of political turmoil since South Korea’s parliament voted to impeach former President Yoon Suk Yeol following his attempt to impose martial law in December last year. Just two weeks later, Yoon’s replacement – acting-President Han Duck-soo – was also impeached. Tomorrow, however, voters will head to the polls to decide whether frontrunner Lee Jae-myung (Democratic Party) or his main rival Kim Moon-soo (People Power Party) will be the next president of South Korea. Regardless of who’s voted into power, crypto wins. Rival Leaders Agree on One Thing Both Lee and Kim have pledged to expand the nation’s digital assets market and bridge the divide between crypto and traditional finance. This includes legalizing and promoting spot crypto ETFs to enable Bitcoin and other digital assets to be listed on South Korea’s stock market. Both also support the idea of a Korean won-backed stablecoin and easing regulations to curb reliance on foreign currencies and stabilize the financial system. Lee, meanwhile, is pushing for South Korea’s $884B national pension fund to be free to allocate part of its portfolio to crypto assets. Ripple Effects Of South Korea’s Growing Crypto Adoption According to local news agency Yonhap, 32% of South Koreans – 16M+ people – are active in the crypto market, with daily trading volumes on crypto exchanges sometimes exceeding the country’s major stock indexes. With institutional adoption, regulatory reform, and mainstream access on the cards, there will only be a greater demand for crypto wallets in South Korea, as around the world. Currently valued at $11.52B, the global crypto wallet market is forecast to grow at a CAGR of 23.5% to $32.8B by 2030. Growing crypto adoption worldwide will undoubtedly work in top hot wallets like Best Wallet’s favor. Best Wallet plans to dominate 40% of the global crypto wallet market by the end of next year, and to prime the pump, it’s launched its own native token – $BEST. Could $BEST Beat the Rest? The Best Wallet app is a free, mobile-first, user-friendly, anonymous crypto wallet. Armed with Fireblocks’ MPC-CMP technology, access to 50+ blockchains, and enabling seamless cross-chain swaps, Best Wallet is among the top software wallets on the market today. The Best Wallet Token ($BEST) drives the Best Wallet ecosystem and delivers exclusive perks for $BEST holders. These include lower transaction fees, higher staking rewards, and exclusive early access to the best presales. With nearly $13 million already raised during the Best Wallet Token presale, $BEST is on our list of the top new cryptocurrencies to invest in. Currently, $BEST costs $0.025115, which can be staked for 111% APY. As it’s a presale, though, its price will increase at regular intervals. Once the presale ends, $BEST plans to list on DEXs, followed by CEXs, which should drive up its price considerably. Check out our $BEST price prediction for what the future could hold for this new token. In short, if Best Wallet makes good on its goals, spurred on by growing crypto adoption in South Korea, the US, and the rest of the world, $BEST could easily do 10x. To get in at its current early-bird presale price, our full guide to buying $BEST has everything you need to know. A Vote for Crypto All eyes will be on South Korea tomorrow as voters head to the polls. However, whether Lee or Kim comes out on top, crypto is the big winner. And that’s exciting news for the entire crypto market, from Bitcoin to $BEST to some of the best crypto wallets. A reminder, though, knowledge is power when it comes to investing. Be sure to DYOR — We know a lot about crypto, but we’re not financial advisors.

The daily XRP chart has slipped back into a state of suspended animation just when bulls needed decisive follow-through, according to the Ichimoku-centric assessment shared by crypto strategist Dr Cat (@DoctorCatX). “I would be surprised to see $3, let alone ATH in June,” the analyst wrote after posting the chart, lamenting that “the window of opportunity was missed” for both the dollar and Bitcoin pairs. XRP Bulls Miss Their Shot The chart Dr Cat circulated shows XRP-USD grinding along the lower edge of the kumo around $2.14 after a failed attempt to reclaim the flat Kijun-sen that has flattened near $2.35. Price action pierced the cloud top in early May on robust volume, but follow-through stalled and the token has now printed two consecutive closes back inside the cloud. The Tenkan-sen has curled beneath the Kijun-sen, signalling waning short-term momentum, while the Chikou span (lagging line) is trapped in overlapping candles—classic signs of neutrality rather than outright weakness, yet miles away from the bullish alignment required for an explosive trend. Dr Cat argues that Ichimoku bull markets do not emerge spontaneously; they “take a lot of time and effort,” typically at least one full 26-period rotation, to rebuild after a failed attack. “If the window of opportunity is missed and these conditions are not utilized, it’s not a good sign,” he cautioned, adding that the most optimistic scenario now implies “at least 1 standard 26-candles cycle to retry.” On a daily chart that translates to roughly a month, leaving any breakout attempt realistically postponed to July or August and, if momentum continues to lag, potentially November. Lower-timeframe data paint a harsher picture. The analyst points to “consistent selling pressure on lower medium timeframes without any sign of strength,” noting that XRP/BTC has sunk to the 2041-satoshi monthly support and is failing to bounce. The 2041 level—the exact value where the cloud thins dramatically later in the year—has become the fulcrum for Dr Cat’s broader thesis: if it holds through summer, the token could launch a thinner-cloud break in November when “the XRPBTC kumo is very thin and easy to break.” The medium-term stakes are clear on the weekly template, where Dr Cat says “there is nothing bullish.” The weekly kumo is widening in front of price, while the Tenkan-Kijun bear cross remains unresolved. Because trend-following traders typically want to see candle bodies and the Chikou span clear both the cloud and historical price structure, the current setup offers few immediate catalysts. Even so, the monthly view retains a more constructive look on the USD pair—a reminder that secular strength is not altogether lost, merely dormant. In the near term, the analyst sees a real danger of cascading toward $1.89, a price zone that coincides with the flat bottom of April’s cloud twist and a visible shelf of historical volume accumulation. Should that level give way, the chart offers scant support until the $1.70 region where the March spike tail began. Despite the downbeat tone Dr Cat stops short of declaring a bear market. “The good news is that 3D is still NOT ready to trend bearish at all on the USD pair,” he wrote, underscoring that closing prices have not yet delivered a decisive shift below the three-day Kijun-sen. If the token can hold cloud support into July, another push toward the upper cloud boundary near $2.40 could materialise. Only a clean break above that level, accompanied by a bullish Tenkan-Kijun cross and a Chikou span that punches above historical price, would force a reassessment of the $3 ceiling before year-end. For now, however, the roadmap remains one of patience. “All in all, my most bullish case expectation for June is neutral price action below ATH,” Dr Cat reiterated, positioning November—when the cloud on the XRP/BTC pair narrows to its thinnest width in years—as the next credible launch window. Until then, traders eyeing a resurgence must watch that 2041-satoshi floor and be prepared for several more weeks of sideways drift—or a sudden downside probe toward $1.89—before the larger trend declares its verdict. At press time, XRP traded at $2.17.

AngloGold Ashanti (NYSE: AU) (JSE: ANG) is selling its stake in Mineração Serra Grande (MSG) gold mine in the Goiás State, central Brazil, to Latin America-focused Aura Minerals (TSX: ORA) for $76 million. The sale, part of a broader strategy to streamline operations and focus on high-return assets, ensures that Anglo further sharpens its focus on capital allocation, operating efficiencies and the optimization of its portfolio, AngloGold chief executive officer Alberto Calderón, said. “We’ve also worked hard to ensure that MSG and its excellent team joins an established company which will continue to be responsible stewards of this asset for the benefit of all stakeholders,” Calderón noted. As part of the deal, AngloGold will receive deferred payments equal to 3% of net smelter returns over the life of MSG’s current mineral resources and reserves, paid quarterly. AngloGold’s shares surged on the news, rising around 9% to $47.6 in New York trading, pushing the company’s market capitalization to nearly $24 billion. MSG, one of AngloGold’s smaller operations, produced 80,000 ounces of gold in 2024. The complex includes three underground mines, an open pit, and a dedicated metallurgical plant. The asset had recently been excluded from a list of tier-two operations AngloGold flagged for potential improvement during its first-quarter results. Recent efforts at MSG focused on operational stabilisation, including the decommissioning of an ageing tailings storage facility, a process now nearing completion, according to AngloGold. The company recently raised its output forecast for the year to between 2.9 million ounces and 3.2 million ounces from about 2.7 million ounces produced in 2024. AngloGold said the revised guidance was thanks to the addition of Centamin’s assets, which it acquired last year. Aura Minerals, a mid-tier gold and copper producer, already operates two mines and three development projects in Brazil. It also owns the Aranzazu mine in Mexico, operates mines in Honduras, and is advancing additional projects in Guatemala and Colombia.

Natix Network, a DePIN crypto powering AI-driven geospatial intelligence, is trending. NATIX crypto is up 205% in one month. Here’s what you should know. Crypto and blockchain solutions aim to decentralize power. Bitcoin revolutionized remittances, Ethereum powers decentralized finance, and DePIN represents the future. Like Ethereum, Bitcoin, and some of the best cryptos to buy, DePIN platforms such as Natix Network seek to create a robust, decentralized network where individuals contribute resources to build and maintain real-world infrastructure. DISCOVER: 20+ Next Crypto to Explode in 2025 What is Natix Network? Natix Network leverages AI and blockchain to build a privacy-centric geospatial intelligence network. Users connect cameras on smartphones, vehicles, and IoT devices, forming a vast network of smart sensors that collect anonymized metadata. This network powers applications for autonomous driving, smart city infrastructure, and advanced mapping. The concept is gaining traction, reflected in the performance of NATIX, the native token of Natix Network, which is up 205% in one month, signaling growing investor interest and an expanding community. 24h7d30d1yAll time Coinciding with this rally, the total value locked (TVL) of the DePIN platform is up 300% during the same period, outperforming some of the best Solana meme coins. This surge follows the launch of the NATIX Deep Staking Platform in October 2024. Currently, Natix Network offers a 17.5% APY, with over 2.9 billion of the 99.9 billion NATIX tokens staked. (Source) DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Why is NATIX Crypto Rallying? What is driving this growth? Why is NATIX rallying? The demand for NATIX stems from its Drive& app solution, which enables drivers to earn rewards by collecting geospatial data using smartphone cameras. Available on Google Play and the App Store, the app allows Natix to gather road attributes like potholes, signage, and other critical data for autonomous driving. Additionally, the VX360 device, tailored for Tesla vehicles, monetizes 360-degree dashcam footage, meeting the growing demand for real-time data for autonomous driving and mapping. (Source) Over 250,000 registered drivers are mapping 170 million kilometers across 171 countries. All data is processed using AI, ensuring privacy by anonymizing details like faces and license plates. The DePIN platform recently partnered with Bittensor, a decentralized AI protocol, to launch the StreetVision Subnet. Natix Network’s geospatial data will be integrated into Bittensor, creating a real-time model for mapping and autonomous driving. Those connecting their camera to StreetVision will earn NATIX tokens, while Bittensor miners and validators will receive dTAO. To stabilize the ecosystem, Natix will hold all dTAO emissions for the first three months. In May 2024, Natix Network also joined forces with Grab, a Southeast Asian superapp. The app will integrate Natix’s AI stack and VX360 devices to enhance its mapping capabilities. In a press statement, Natix Network said the deal is not just about maps but “the future of mobility and AI-driven infrastructure.” DISCOVER: 16 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis Natix Network Trending, Here's Why NATIX Crypto Is Up 205% Natix Network taps into AI and crypto to create a DePIN platform NATIX crypto trending, up 205% in one month Natix Network TVL expands 300% in one month Natix Network joins forces with Bittensor and Grab The post What is Natix Network? Why is NATIX Rallying, Up 205% in 4 Weeks? appeared first on 99Bitcoins.

Singapore is cracking down on the unlicensed Digital Token Service Providers (DTSPs) with a warning: by 30 June 2025 DTSPs should get a license of stop providing services to overseas clients. On 30 May 2025, the Monetary Authority of Singapore published a paper that said, “DTSPs which are subject to a licensing requirement under section 137 of the FSM Act must suspend or cease carrying on a business of providing DT services outside Singapore by 30 June 2025.” Importantly, the MAS has granted the DTSPs no transition period. Hence, there is no grace period for the companies that miss the deadline. “The stakes are high. Violators face fines up to SGD 250,000 (around $200,000) and up to three years in jail,” noted Netizens. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 Key Takeaways Singapore requires all unlicensed Digital Token Service Providers (DTSPs) to get registered by 30 June 2025. The MAS has also warned that only a select number of applicants will be approved, reflecting heightened concerns about financial crime and money laundering. The post Singapore Sets 30 June Deadline For Digital Token Service Providers To Stop Serving Overseas Clients appeared first on 99Bitcoins.

Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The May 29-30 Drop According to a recent update by Crypto Man MAB on X, SHIB continues to show signs of weakness in the short and long term. The meme coin is currently trading at $0.00001266, reflecting a modest +0.47% decline in the past 24 hours. In a larger time frame, SHIB has lost 3.80% over the past 30 days and a significant 54.73% over the last 180 days, underlining a persistent bearish trend. From a technical standpoint, the chart reveals a sharp price drop between May 29 and May 30, where SHIB fell swiftly from the $0.00001500 region down to $0.00001250. This sudden decline points to intense selling pressure, likely driven by broader market uncertainty or profit-taking. However, the price has since found some footing, showing early signs of stabilization and potential consolidation in the lower range. During the steep decline, volume analysis shows a notable spike in trading activity, suggesting panic selling or large-scale exits by holders. However, volume has tapered off following the drop, which often signals that selling activity is cooling down. Overall, Shiba Inu appears to be hovering in a consolidation zone, and key support or resistance levels must be tested before the next major move unfolds. Whether the market will witness a bounce or further breakdown could depend on broader sentiment and if buyers step back in with conviction. Support And Resistance In Shiba Inu’s Recent Performance Crypto Man MAB observed that SHIB has found short-term support around $0.00001250 after its recent drop, suggesting selling pressure has eased. Meanwhile, key resistance sits between $0.00001350 and $0.00001400, where Shiba Inu previously struggled to move higher. The 24-hour price range remains tight, fluctuating between $0.00001257 and $0.00001308. However, the sharp decline seen earlier still signals caution, especially with volume dropping off during the consolidation phase. Overall, the sentiment stays bearish. Without a clear reversal or breakout, the current trend favors the bears, and further downside risk can’t be ruled out. In conclusion, the analyst noted that Shiba Inu remains in a bearish trend, currently consolidating near the $0.00001250 support. A breakout above $0.00001350 could signal renewed bullish momentum, while a drop below $0.00001250 may lead to further downside. Monitoring volume and overall market sentiment is key to confirming the next move.

This week’s presidential election marks a significant step forward for the South Korean crypto landscape, as both candidates have pledged to refine crypto regulations and expand access to the country. According to a Bloomberg report published on 2 June 2025, approximately 18 million people actively participate in crypto-related activities in South Korea. Furthermore, there have been instances where South Korea’s domestic crypto exchanges have recorded a higher trade turnover than the KOSPI and KOSDAQ stock indices. Data published by the Bank of Korea shows that South Koreans held crypto assets worth 104 trillion won ($74.5 billion) during the later stages of 2024. The growing importance of this asset class has prompted both candidates, Lee Jae-myung and Kim Moon-soo, to adopt pro-crypto policies in their campaigns. Explore: The 12+ Hottest Crypto Presales to Buy Right Now Presidential Candidates Lee and Kim Aligned on Legalising Spot Crypto ETFs Lee has advocated for legalising spot crypto exchange-traded funds (ETFs) and further hopes to be able to invest the country’s $884 billion national pension fund into cryptocurrencies. Moreover, he also plans to modernise South Korea’s financial system by issuing stablecoins backed by the South Korean won. During a policy discussion meeting in May, he had said, “We need to establish a won-backed stablecoin market to prevent national wealth from leaking overseas.” Additionally, Lee has also advocated for loosening some of the banking restrictions that required crypto exchanges to partner up with licensed banks to offer fiat services. However, some of the reforms proposed by Lee have faced backlash in the region. The Bank of Korea Governor Rhee Chang-yong has cautioned against stablecoins issued by non-banking institutions. He explained that doing so would undermine the effectiveness of the monetary policies of the country. He has advocated for the central bank to be the only institution to be able to create won-backed stablecoins. Kim, on the other hand, also supports legalising spot crypto and has lent his support to Lee in this matter in a rare moment of bipartisan alignment. Furthermore, similar to Lee, Kim also plans to ease regulations and expand crypto adoption. A poll conducted on 28 May 2025 by Gallup Korea, a South Korean research company specialising in public opinion surveys and market research, revealed that 49% of the respondents favoured Lee, while 39% of the respondents picked Kim as their presidential candidate. Explore: 10+ Crypto Tokens That Can Hit 1000x in 2025 Increased South Korean Crypto Participation Hastened Crypto Regulations South Korea’s increased retail crypto participation, along with its experience in the past with crypto frauds, hastened new regulations through which the country intends to ensure greater transparency, security, and trust in the cryptocurrency ecosystem. Strict regulations (Virtual Asset User Protection Act) were brought into focus in July 2024. They imposed strict requirements on crypto exchanges that included potential life sentences for criminal violations. South Korea’s Financial Services Commission, on 20 May 2025, established new regulations for non-profit crypto transactions and tightened listing criteria for exchanges. Furthermore, the South Korean Democratic Party kick-started a Digital Asset Committee to develop crypto policies and promote industry growth. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 Key Takeaways Presidential candidate Lee hopes to invest South Korea’s $884 billion national pension fund into cryptocurrencies Both presidential candidates Lee Jae-myung and Kim Moon-soo are aligned in legalising spot crypto ETFs Candidate Lee plans to modernise South Korea’s financial system by issuing stablecoins backed by the South Korean won The post South Korean Crypto Industry Hedges A Win Despite Election Outcome appeared first on 99Bitcoins.

Australia’s ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, US, sharply increasing both the project’s mine life and its development cost. The company’s flagship project now hosts 1.92 million tonnes of lithium carbonate equivalent (LCE) and 7.68 million tonnes of boric acid equivalent (BAE). This reserve boost extends the expected mine life to 95 years, up from 26 years outlined in the 2020 definitive feasibility study. Annual life-of-mine production is now pegged at 17,200 tonnes of LCE and 60,400 tonnes of boric acid, a compound widely used in construction, agriculture and pharmaceuticals. Nearly half the mineral resource has been converted to reserve, making Rhyolite Ridge the world’s largest known lithium-boron deposit, according to ioneer. The extended mine life and higher output come at a cost. Capital expenditure has more than doubled to $1.67 billion, up from around $800 million. All-in sustaining costs (AISC) have risen to about $7,500 per tonne of LCE, though the first 25 years of operation are expected to average a lower AISC of $5,745 per tonne. The good news is that the project’s post-tax net present value has increased to $1.5 billion from $1.26 billion, with a revised “unlevered” internal rate of return of 14.5%, down from 20.8%. “Today’s updated reserve and mine plan allows ioneer to match prevailing market conditions and blend or prioritize ore to produce a valuable boric acid co-product, whose market is uncorrelated with the project’s primary lithium product,” managing director Bernard Rowe said. “No other lithium project offers this level of flexibility and economic advantage.” Market headwinds That flexibility could prove vital. Lithium prices have plummeted since their 2022 highs, causing investor caution. In February, ioneer lost its would-be joint venture partner Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW), partly due to the weak pricing environment. Still, the company remains optimistic. It plans to focus on high-boron ore during the first 25 years of production, which could yield around 19,200 tonnes of LCE and 116,400 tonnes of boric acid annually. Boric acid is projected to account for roughly 25% of revenue over that period, helping to support margins when lithium prices are under pressure. “In periods of low cycle lithium pricing, like today, we plan to prioritise the high-boron ore production to optimise the relative proportion of total revenue derived from boric acid,” Rowe said. Shares in the company jumped more than 4% on the news, closing in Sydney at A$0.13 each, which leave ioneer with a market capitalization of A$295 million (about $190 million). Rowe recently said the company aims to sell 40% of the project to one or two investors.

Gala Games is facing a storm. The native token is selling off, down 75%, and the shutting down of The Walking Dead: Empires in July 2025 could heap more pressure. Will GALA recover? Gamers crave a seamless interface with stunning graphics and the chance to profit from their efforts. Smart contracts make this possible, and Gala Games seized the opportunity by launching a platform to reward gamers. Through NFTs and native GALA tokens, players could earn massive profits from in-game NFTs. Those who believed in the platform and accumulated GALA tokens reaped big at one point in 2021. DISCOVER: 20+ Next Crypto to Explode in 2025 Gala Games Storms Despite its ambitious goals and market position, Gala Games has been on a downward spiral in recent years. While under pressure, GALA remains a top-tier token, ranking third in value among gaming tokens, behind only the meme coin FLOKI and Immutable (IMX), an Ethereum layer-2 focused on NFT dApps. (Source) However, GALA has been selling off, dropping 15% in one week, mirroring the broader market decline of tokens like Ethereum and Bitcoin. Compared to some of the best cryptos to buy in June, its performance is lackluster. It is down 75% from its 2024 highs, with 2025 largely marked by losses. 24h7d30d1yAll time DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now The Walking Dead: Empires Shutting Down in July 2025 So, what’s gone wrong? Why is Gala Games, despite its value and popularity, under such intense pressure? A series of unfavorable, reputation-damaging events over recent months provides answers. When Gala Games announced The Walking Dead: Empires in 2021, it was expected to be a massive success. Launched during the NFT and DeFi boom of 2021, the announcement coincided with peak market FOMO, boosting crypto valuations. The game built through the 2022 crypto winter, only for Gala Games to announce the game’s shutdown by July 21, 2025; a big blow. The Walking Dead: Empires, an NFT-based survival MMORPG, allowed players to purchase Ethereum-based NFTs like land deeds, weapons, and characters, some valued at up to $65,000. They also promised a free-to-play model with optional NFT purchases to attract traditional gamers and NFT enthusiasts chasing profits from the 2021 boom. By late April 2025, Gala Games announced plans to shut down the game, admitting it fell short of expectations. Players echoed this, criticizing lackluster gameplay and heavy reliance on volatile NFT prices. The 2022 NFT market crash, with prices yet to recover, hit players hard, especially those who invested thousands in NFTs or received “Mystery Boxes” from Gala Games. As compensation, the gaming platform plans to distribute NFTs from its gaming ecosystem. These tokens will provide “equal functionality” to their existing The Walking Dead: Empires NFTs. On X, a critic said this would be akin to a “rug pull.” Gamedia Wins The situation worsened with a 2024 lawsuit ruling in favor of Gamedia, a former development partner for Spider Tanks. A California court ruled that Gala Games failed to provide adequate support, including revenue payments and game promotion. This ruling followed a dispute between co-founders Eric Schiermeyer and Wright Thurston over $130 million in allegedly misappropriated GALA tokens. This dispute forced prices lower as some holders diversified, finding exposure in 1000X cryptos. DISCOVER: Top Solana Meme Coins 2025: 7 Best Buys Updated GALA is down 75% from 2024 highs The Walking Dead: Empires will shut down in July 2025 NFT hammering after 2022 negatively impacted Gala Games Gamedia wins even after Gala Games sued The post Where Did It All Go Wrong for Gala Games? appeared first on 99Bitcoins.

Between 19 May 2025 and 25 May 2025, Strategy made another bulk purchase of 4020 Bitcoins at a cost of nearly $427 million. This latest acquisition brings the company’s total Bitcoin holdings to an impressive 580,250 BTC, making Strategy one of the largest corporate holders of Bitcoin globally. 24h7d30d1yAll time To finance this transaction, Strategy (formerly MicroStrategy) sold a mix of common and preferred stock, including 847,000 shares of common stock (MSTR), 678,000 shares of STRK preferred stock, and 104,423 shares of STRF preferred stock. A few hours before Strategy’s power move, Chairman Michael Saylor posted a portfolio tracker with the caption, “Orange is my Preferred Color.” In April 2025, Saylor bought $1.4 billion of Bitcoin. The purchase, made between 21 April and 27 April 2025, was disclosed in a filing with the US Securities and Exchange Commission (SEC). It marks one of their largest single-week purchases ever. This acquisition extended their streak of Bitcoin purchases to three consecutive weeks, accumulating digital gold. On 2 June 2025, the company publicly disclosed the details regarding its total Bitcoin holdings. The recent moves by Strategy and Metaplanet are not isolated incidents. Across the globe, both sovereign states and corporations are ramping up their Bitcoin holdings, often in defiance of traditional financial institutions and regulatory bodies. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now GameStop Confirms Purchase of 4710 Bitcoins Worth Over Half a Billion On 28 May 2025, popular American video game and electronics retailer GameStop confirmed the purchase of 4710 Bitcoins through a post on X. The company’s first crypto investment, especially after Bitcoin’s recent ATH, is worth over $512 million. The move comes after GameStop’s board unanimously approved an update to its investment policy to add BTC as a treasury-reserve asset in February 2025. On 26 March 2025, the company stated its intention to use its $1.3 billion in private offering of convertible senior notes (that can later be swapped for company stock) “for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy.” GameStop CEO Ryan Cohen is known to be a pro-Bitcoin head. Following in the footsteps of Strategy’s Michael Saylor, Cohen also shared a picture with him in February 2025. DISCOVER: 7 High-Risk High-Reward Cryptos for 2025 Key Takeaways Strategy made another bulk purchase of 4020 Bitcoins at a cost of nearly $427 million. Meanwhile, Japan’s Metaplanet added 1088 Bitcoins to its treasury, bringing its total holdings to 8888 BTC. Across the globe, both sovereign states and corporations are ramping up their Bitcoin holdings, often in defiance of traditional financial institutions and regulatory bodies. The post Strategy Adds 4020 Bitcoins, Japan’s Metaplanet Adds 1088 BTC appeared first on 99Bitcoins.

Overview: The breakdown in the US-China trade agreement, the doubling of US steel and aluminum tariffs, and Ukraine's daring drone attack have rattled market, sending stock, bonds, and the dollar lower. All the G10 currencies are up by at least 0.35%, with the Scandis leading the way up by more than 1%. Although the Canadian dollar is the laggard, it is trading at new highs for the year. Most emerging market currencies are higher, as well. Although the Law and Justice presidential candidate in Poland won the run-off, which will challenge Prime Minister Tusk's lead Poland into European leadership, the zloty is up about 0.5% today. Still, it is underperforming other currencies in the region, but the Russian ruble, which is off about 1.6%. The US sees the final May manufacturing PMI, the ISM manufacturing, and April construction spending. However, it is Fed Chair Powell's speech (1 pm EST) that may draw the most interest. China's mainland markets are closed for a national holiday today as are several smaller bourses, but only South Korea's Kospi among the large markets managed to rise fractionally. Europe's Stoxx 600 is off nearly 0.3% (it rose 4% last month). The US index futures are off 0.5%-0.7%. The S&P 500 rallied a little more than 6% last month, its best since November 2023. The Nasdaq soared by almost 9.6% last month. Meanwhile, 10-year yields are higher. Although the yield on Japan's benchmark edged up to almost 1.50%, the 30- and 40-year yields softened. European 10-year rates are mostly 4-6 bp higher. The 10-year US Treasury yield is four basis points higher to nearly 4.45%. Gold fell 2% last week but is up 1.8% on the day and is straddling the $3350 area. OPEC+ did not announce an increase in July output as much as some feared and tensions with Iran may be rising as the IEA says it has accelerated its near-weapon grade enrichment of uranium. July WTI is near last week's high (~$63). USD: The dollar is under pressure. The Dollar Index has pushed against last week's low (~98.70), which was also last month's low. The US and China are accusing each other of violating the recent agreement struck in Switzerland and President Trump has doubled the tariff on steel and aluminum to 50%. The PMI and ISM manufacturing surveys today are beside the point. The Federal Reserve will not be persuaded by survey data, and the market has already pushed out the next cut until Q4. The labor market is key, and provided it remains resilient, Fed officials think they have time for the restrictive monetary policy to return inflation to target. This is the message Federal Reserve Chair Powell has delivered before and will likely do so again today when he speaks today (1:00 pm ET). The JOLTS report (April,) tomorrow is expected to show a continued decline in job openings, but its market-impact appears to have weakened in recent months. The nonfarm payroll report is on Friday and the median forecast in Bloomberg's survey is for 125k increase (177k in April). The market will be more sensitive to a rise in the unemployment rate. EURO: After posting a bullish outside up day and potentially a key reversal last Thursday, the euro consolidated ahead of the weekend. It was unable to re-take the $1.1400 level after setting May's high at the start of last week, near $1.1420. Still, it did so today, rising to almost $1.1440. The final May manufacturing PMI was 49.4, unchanged from the preliminary estimate and confirms the fifth consecutive monthly increase (49.0 in April and 47.3 in May 2024). Still, it has not been above the 50 boom/bust level since June 2022. It does not distract from the ECB meeting on Thursday. The market is confident that the key rates will be reduced by 25 bp, after which the swaps market is pricing in a likely pause until a cut in Q4. Ukraine's daring drone attack on Russia reportedly destroyed at least 40 bombers and other aviation assets that were in the open, which was required by the START treaty that Russia had abrogated a couple years ago. Given the planning of the operation, Ukraine President Zelensky knew about it as he was being dressed down in the Oval Office earlier this year. CNY: We recognized the price action at the start of last week as the dollar putting a low in place against the offshore yuan near CNH7.1615. The greenback frayed the 20-day moving average (~CNH7.2055) for the second consecutive session ahead of the weekend but has not settled above it for over a month. Today, it reached CNH7.2240, a little shy of the 200-day moving average (~CNH7.2260), while domestic markets are closed for the Dragon Boat Festival. China reported its May PMI over the weekend. With the 90-day lower-tariff agreement with the US, business appears to have picked up, but after a flurry of orders, perhaps led by US retailers, container shipments have already slowed again. The slowing of the manufacturing sector moderated (49.5 vs. 49.0), while the non-manufacturing sector saw a slight increase in activity (50.5 vs. 50.4). The composite edged up to 50.3(from 50.2). The Caixin version is due tomorrow (manufacturing) and Thursday (services and composite). JPY: The Tokyo CPI report helped the yen extend Thursday's recovery, but the greenback spent most of the pre-weekend session consolidating around the middle of its JPY143.45-JPY144.45 session range. It was knocked back today, despite (or because?) of the jump in US rates. The dollar is pushing lower in Europe and is setting new session lows slightly above JPY142.75. The trendline connecting the April and May lows is near JPY142.35 today and around JPY142.70 at the end of the week. Japan reported Q1 capital spending figures. The estimate for Q1 GDP already included a robust 5.8% annualized increase in private investment. The final May manufacturing PMI at 49.4 was a little above the initial estimate of 49.0. It was the first back-to-back improvement in a year. Still, it has not been above 50 since last May and June's brief visit. GBP: After setting a three-year high at the start of last week (~$1.3595), sterling consolidated. It is bid today above $1.3550. The next important chart area by be around $1.3640. The UK consumer and mortgage data is of passing interest at best. Nor is the final May manufacturing PMI much of a market-mover. The preliminary estimate of 45.1 was revised to 46.4. It was at 47.0 at the end of 2024 and 51.2 last May. The swaps market has all but ruled out a Bank of England rate cut when it is meeting on June 19. It has one more cut this year fully discounted and a little less than a 50% chance of another. BOE Governor Bailey and three other MPC members speak before parliament tomorrow. CAD: The firmer than expected Q1 GDP saw the swaps market further downgrade the chances of a rate cut at this week's Bank of Canada meeting. That said, the overshoot of Q1 GDP (2.2% vs. median forecast in Bloomberg's survey of 1.2%) was offset by the downward revision to the growth in Q4 24 (2.1% vs. 2.6% initially reported). Still, the US dollar fell to a three-day low near CAD1.3730 ahead of the weekend. It has been sold to a new low for the year today near CAD1.3675. There is little on the charts ahead of CAD1.3600. The May manufacturing PMI is unlikely to have much impact on the Bank of Canada's rate decision on Wednesday. The swaps market has about a little less than a 25% chance of a cut priced in, while the Bloomberg survey of economists shows the median forecast is for a cut. The higher-than-expected underlying CPI measures is what spurred the swap market reconsideration. The market is pricing in 36 bp of cuts this year, down from a little more than 50 bp at the start of May. AUD: After recording a new high for the year at the start of last week near $0.6535, the Australian dollar spent the second half of the week in a roughly $0.6400-$0.6460 range. The Aussie averaged $0.6440 in May. It reached almost $0.6490 today. It traded above $0.6500 in four sessions last month, without settling once above it. Australia's manufacturing PMI of 51.7 is among the strongest within the high-income countries but was revised to 51.0 in the final reading today. It has been above 50 consistently this year. It was only above 50 in 2024 in January, and in 2023, only in January and February. This week's focus is the RBA minutes tomorrow, the first estimate of Q1 GDP on Wednesday (~0.4% quarter-over-quarter) and April trade and household spending reports on Thursday. MXN: The jump in Mexico's April unemployment (2.54% vs. 2.22%), reported at the end of last week was in line with expectations but underscored the weakness of Mexican economy. It saw the dollar continue to trade at somewhat firmer levels. Recall that the low for the year was recorded last Monday near MXN19.1830, but it spent the last three sessions knocking on the 20-day moving average (~MXN19.4230) without poking above it. The broad US dollar weakness has seen it fall back to almost MXN19.33 today. The pre-weekend low was slightly below MXN19.26 and that is the next immediate target. Mexico sees the manufacturing PMI and IMEF surveys today. They are likely to confirm the economic weakness that prompted the central bank to cut its growth forecasts last week. Mexico also reports April worker remittances. They averaged $4.76 bln in Q1 25, slightly more than in Q1 24. The 2024 monthly average was almost $5.4 bln, up from an average nearly $5.3 bln in 2023 and $4.9 bln in 2022. The US budget proposal includes a 3.5% tax on non-citizen offshore transfers. Yesterday, Mexico had judicial elections, with over 3000 candidates competing for about 880 positions. Due to strict rules banning much campaigning, including using public or private funds to buy television or radio advertisements, and disallowing traditional rallies, there is not much information about the candidates. Disclaimer

Dogecoin begins June balanced on the knife-edge of a major technical fulcrum, its next decisive swing likely to be dictated by a narrow band of support that both Kevin (@Kev_Capital_TA) and Cantonese Cat (@cantonmeow) have brought into sharp relief. Dogecoin Showdown At $0.19 On Kevin’s daily view the focus is the $0.1901–$0.1839 corridor. The zone is not arbitrary: it is anchored by the 50 percent Fibonacci retracement of the explosive May 11 surge ($0.2597) and is buttressed overhead by the 0.618–0.65 retracement cluster at $0.1976 and $0.2005. Friday’s long red candle sliced through the Ichimoku conversion line and halted within a whisker of that 0.50 fib, producing the first genuine retest of the newly minted floor. A daily close below would expose the 0.382 marker of the same leg at $0.1694 and, beyond that, the lower rail of the multi year-long descending trend line now angling toward the $0.14s later this month. Conversely, a sustained bid inside the band would confirm it as the staging ground for another upside attempt toward the 0.703 extension at $0.2117. Cantonese Cat’s analysis frames the identical area as the neckline of an inverse head-and-shoulders carved out over three months. The mid-March swing low formed the left shoulder, the early-April capitulation produced a deeper head, and the early-May trough completed the right shoulder. The neckline—shaded turquoise between roughly $0.187 and $0.194—was pierced decisively on May 9, after which price has drifted back for a textbook throw-back retest. Holding the neckline keeps the reversal intact; slipping beneath it would void the pattern and hand momentum back to bears. Long-Term DOGE Outlook Remains Bullish A broader perspective comes from Cantonese Cat’s monthly chart, where Dogecoin has printed seven straight inside the $0.16 to $0.42 range. That compression appears within a primary bullish trend defined by successive higher highs (May 2024 and November 2024) and higher lows (August 2024 and April 2025). Inside-bar squeezes of this length rarely remain dormant: statistically the break often travels a distance comparable to the range of the parent candle—about 26 cents in this case—once either side wrests control. Until that break arrives, the $0.16 floor and the $0.42 ceiling of November’s wick delineate the outer limits of consolidation. Resistance overhead remains layered. Should buyers defend the neckline and reclaim the $0.20 handle, Kevin’s $0.2117 extension becomes the first waypoint. Beyond lies the $0.25–$0.26 band, which capped May’s rally. A clean move through that shelf would almost certainly signal that the monthly compression has resolved higher and put the $0.29 figure line on the radar. For now, however, the market’s field of vision has narrowed to a stripe barely one cent wide. It is here—between $0.190 and $0.184—that the memecoin’s inverse head-and-shoulders neckline meets Kevin’s critical Fibonacci shelf. As the analysts agree, Dogecoin’s immediate fate hinges on whether that ledge holds or crumbles in the days ahead. At press time, DOGE traded at $0.19211.

Asian Market Wrap Most Read: A Week Ahead: May NFP, Bank of Canada and ECB Rate Decisions Markets are on the backfoot this morning as US tariffs and trade tensions are once again in focus, denting risk appetite. The Asian session reflected this with risk assets struggling while haven flows have returned with a bang. Gold is up as much as $60 from Friday's close, trading around $3350 an ounce at the time of writing. close Source: TradingView.com (click to enlarge) /media/images/DE30EUR_2025-06-02_09-12-01.width-1400.png Source: TradingView.com (click to enlarge) Trade safe! Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. 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.