Redator

NioCorp Developments (NASDAQ: NB) has taken another step in its application for an US$800 million loan from the Export-Import Bank of the US (EXIM) as it looks to begin an independent review of its flagship project. The company, which is developing the shovel-ready Elk Creek critical minerals property in southeast Nebraska, announced it has engaged SLR Consulting to conduct the project’s environmental and social (E&S) review, a key part of EXIM’s due diligence process. SLR is the same company that the bank is using to conduct its own technical review of the project. “The SLR team is an outstanding selection and they are very familiar with our project, given the technical review work they have been conducting since February of this year,” stated Mark Smith, chairman and CEO of NioCorp, in a press release on Thursday. Shares of NioCorp soared to a near 52-week high of $7.22 on the news, before retreating to around $6.68 for a 1.7% intraday gain. The Colorado-based critical minerals developer has a market capitalization of $657.2 million. Multiple critical minerals According to NioCorp, its project represents the highest-grade niobium resource in North America and has the second-largest indicated rare earth resource in the US. It also hosts one of the largest scandium resources in the world and a large endowment of titanium. The US government considers all these minerals to be “critical” to its economic and national security. A feasibility study in 2022 estimates that the mine, at full scale, is able to produce around 7,300 tonnes of ferroniobium as the primary product plus 102 tonnes of scandium trioxide and 12,000 tonnes of titanium dioxide annually over its 38-year operating life. The project comes with its own processing facility, to be located 105 km southeast of Lincoln. Project funding EXIM first issued a letter in March 2023 expressing its interest in providing NioCorp up to $800 million in debt financing through its “Make More In America” initiative. NioCorp subsequently submitted its application and passed its initial review in October that year. In April 2024, EXIM provided a preliminary funding term sheet. Earlier this year, EXIM selected RPMGlobal USA, which was later acquired by SLR, to conduct a technical review of the Elk Creek project as part of its due diligence process. According to the 2022 feasibility report, the project is expected to cost around $1.1 billion, a large part of which would be covered by the EXIM loan if approved. In recent months, NioCorp secured additional funding for the Elk Creek project, including public offerings totalling $110 million in September. In August, it received a $10 million award from the US Department of Defense (now Department of War), subject to certain milestones.

The EUR/USD exchange rate barely changed on Thursday, and over the course of the current week it has risen by only 35 basis points. The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months, but in recent days it has started to look increasingly complex. It is still too early to conclude that the upward segment of the trend has ended, but further complication of the wave pattern is quite possible in the near future. The construction of the upward segment of the trend continues, and the news background continues to mostly work against the dollar. The trade war launched by Donald Trump goes on. His confrontation with the Fed also continues. Market expectations of a dovish Fed stance are growing. The market has given a very low assessment of the first six to seven months of Trump's presidency, even though GDP growth in the second quarter was almost 4%. At present, it can be assumed that the construction of impulse wave 5 is ongoing, with potential targets reaching as high as the 1.25 level. Within this wave, the structure is rather complex and ambiguous, but its larger-scale outline raises no particular questions. Three upward waves are currently visible, which suggests that the pair is in wave 4 of 5, which has taken on a three-wave form and may already be complete. A stronger decline would require adjustments to the current wave count. On Thursday, the EUR/USD exchange rate barely changed, and over the course of the week it has risen by only 35 basis points. Thus, the U.S. dollar has lost just 35 points during what was a "black" week for it. Does this not seem strange—and what does it mean? To recap briefly: the market has no shortage of reasons to keep selling the U.S. dollar. The current wave pattern points to it, and so does the news background. I can easily explain the dollar's decline when the news flow is neutral, but explaining the absence of a decline when the background is negative is much more difficult. In other words, this week the market had every reason to continue buying EUR/USD, but instead of strong, steady growth, we are seeing sideways movement in a very narrow range. Why has the market suddenly stopped selling the dollar, when for the past eight months it has done little else? In my view, this is only a temporary pause caused by an extremely high level of uncertainty. Donald Trump has chosen not to stop at controversial laws, unusual decisions, and the trade war—he has added yet another problem to the U.S. economy, which he insists will "be great again" very soon. The market simply no longer knows how to react to Trump's latest surprises, so it may now have paused to reassess the situation in the U.S. I see no other explanation. General conclusionsBased on the EUR/USD analysis, I conclude that the pair continues to build an upward trend segment. The wave pattern still depends entirely on the news background related to Trump's decisions and the domestic and foreign policies of the new White House administration. Targets for the current segment may extend as far as the 1.25 level. A corrective wave 4 is currently in progress and may already be complete. The upward wave structure remains intact. Therefore, in the near future I consider only long positions. By year-end, I expect the euro to rise toward 1.2245, which corresponds to the 200.0% Fibonacci level. On a smaller scale, the entire upward segment of the trend is visible. The wave pattern is not the most standard, as the corrective waves are of different sizes. For example, the larger wave 2 is smaller in size than the inner wave 2 of 3. However, this does happen. I would emphasize that it is best to identify clear, legible structures on the charts rather than trying to label every single wave. The current upward structure leaves little room for doubt. Key principles of my analysis: Wave structures should be simple and clear. Complex structures are difficult to trade and are often subject to change.If there is no confidence in what is happening in the market, it is better not to enter.One can never have absolute certainty about market direction. Always remember to use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

Standard Chartered’s custody role on a new tokenized money-market fund puts Polygon in the spotlight as “Uptober” begins and POL price is ticking higher. AlloyX and Polygon Labs, with custody provided by Standard Chartered Bank, have launched RYT, a tokenized money-market fund on the Polygon network with ties to Hong Kong. The aim is to deliver regulated, on-chain yield while linking decentralized finance with traditional banking frameworks. AlloyX said RYT combines on-chain transparency with a regulated structure and T+1 settlement. Standard Chartered will handle custody, while Polygon Labs supports the rollout. The fund will debut exclusively on Polygon before expanding to other blockchains. “RYT aims to bridge DeFi liquidity with a transparent, audited cash management layer,” AlloyX CEO Dr. Thomas Zhu said. Market Cap 24h 7d 30d 1y All Time DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Why Is the MATIC-to-POL Migration Important for Polygon Users? For Standard Chartered, the launch adds to its growing digital assets strategy. The bank already operates a regulated spot trading service for institutions and earlier this year set up an EU custody entity. It is also developing a collateral program centered on tokenized money-market funds, indicating a broader commitment to bank-grade tokenization infrastructure. Polygon’s native token, POL, traded near $0.241 in afternoon sessions, up approximately 3-4% over the past 24 hours, giving it a market capitalization of around $2.5 billion. The coin’s intraday range was $0.233-$0.241. The network completed its MATIC-to-POL migration in September, with roughly 99% of tokens converted. Polygon continues to post strong usage data, reporting hundreds of thousands of daily active addresses, millions of daily transactions, and a multi-billion-dollar stablecoin float, the type of activity real-world asset issuers look for when selecting blockchains. DISCOVER: Best New Cryptocurrencies to Invest in 2025 POL Price Prediction: Is Polygon Price Gearing Up for a Bullish Reversal? The stablecoin activity on Polygon has increased significantly since 2023, with the number of transactions per day growing by over 900% within a few years. According to the chart, the volume base remained stable until 2022 and then started accelerating upwards in mid-2024. By the end of 2025, transfers in Polygon stablecoins had topped 500,000 daily, some of the largest activity the network saw. (Source: X) It has attracted the attention of analysts because they believe that the shift indicates that Polygon is becoming a more critical payment network, capable of making transfers fast and cheap at scale. The demand from retail and institutional users is also reflected in the growth trend, as regulated tokenized funds and banking partnerships are brought on-chain. The consistent growth even in turbulent market conditions signals Polygon’s robustness and growing applicability in real-world finance. As per TradingView data, MATIC is recovering following weeks of pressure. The token had slipped above $0.27 in September to about $0.21, but was pushed by buyers to give prices a boost back into the $0.236-$0.241 band. (Source: MATIC USDT, TradingView) It is now experiencing resistance in the 100-EMA, and the 50-EMA in the 0.233-range has turned into support. A clear break above $0.245 may contribute to the argument for a reversal, and the gap to $0.27 may become apparent. The trading volume has been recording improvement in the rebound, and this promotes renewed interest. However, when support at $0.233 is breached, then the price can retest $0.22. In the meantime, the trend is biased towards a cautious bullish stance, but the larger trend remains uncertain. DISCOVER: 10+ Next Crypto to 100X In 2025 The post Is Standard Chartered Set to Pump Polygon? POL Price Prediction For Uptober appeared first on 99Bitcoins.

Bo Hines, formal executive director of the White House Crypto Council, transitioned from public service to the private sector to take the helm at Tether for its new stablecoin USAT under the fresh GENIUS Act regulatory framework. GENIUS Act, passed recently, aims to regulate stablecoins, mandate stablecoin issuers to maintain reserves in safe and liquid assets such as treasury bills, comply with anti-money laundering and terrorism finance regulations, and prioritise coin holders in bankruptcy proceedings. Hines took the stage during TOKEN2049 Singapore described the GENIUS Act as the “first piece of the puzzle” toward complete modernization of the US payments system, with the legislation focusing on creating robust operational standards, increasing transparency. “The President (Donald Trump) has built a team that can actually move at tech speed in order to do this,” said Hines. “We understand the need to move expeditiously, and I think that we acted on that.” “Obviously, I am out of my government role now, I’d love to see the government set a standard in terms of what tech integration could look like,” he added. Tether USAT Stablecoin Launched In September Last month, Tether launched a new stablecoin called USAT. USAT clearly has the first mover advantage and its backers believe it will future-proof American crypto competitiveness, It is designed specifically for the US market and comes with a big promise to play by the rules. This isn’t just another token being added to the mix. It’s the first major step from Tether’s new leadership, and the goal is simple: build something the regulators will actually be happy with. Hines says this isn’t just about keeping regulators off their backs. It’s about giving American businesses something they can actually rely on. According to Hines, USAT is Tether’s way of proving that it can do things by the book and still compete in the digital asset space. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy Right Now Key Takeaways With the passage of the GENIUS Act and the launch of the federally-compliant USAT stablecoin, the US is reclaiming the regulatory and industrial initiative in crypto. The GENIUS Act and USAT are expected to serve as templates internationally, influencing regulatory approaches abroad and reinforcing the US as a digital finance leader. The post Bo Hines Says GENIUS Stablecoin Project Is “First Piece Of The Puzzle” appeared first on 99Bitcoins.

Bitcoin has reclaimed key levels above the $118,000 mark, shifting momentum back in favor of the bulls after weeks of uncertainty. The breakout has reinvigorated sentiment across the market, with traders increasingly confident that BTC could be on the verge of a major move. Historically, October has been one of the strongest months for Bitcoin performance, and some analysts are already calling for a massive impulse that could carry the asset toward new highs. What makes this rally especially notable is the underlying stability reflected in market data. Top analyst Axel Adler shared insights showing that Bitcoin currently sits in equilibrium, where buying and selling pressure are balanced. This condition often signals a healthy market structure, creating a strong base for potential upside. If momentum holds, the combination of bullish seasonal patterns and a stable equilibrium could fuel an aggressive continuation of the cycle. Still, analysts caution that the next few days will be critical. Reclaiming $118,000 is a strong first step, but Bitcoin will need to build support above this threshold to confirm the breakout and sustain its trajectory. With volatility returning, October may once again prove to be a decisive month for Bitcoin. Bitcoin Dynamics Align With A Key Indicator In a CryptoQuant report, Adler explains that Bitcoin’s current price behavior aligns closely with the STH-MVRV pricing corridor, a metric designed to reflect the average profitability of recent buyers. This corridor provides a framework for evaluating when short-term holders are in profit and more likely to sell, versus when they are at a loss and likely to capitulate. At present, Bitcoin sits comfortably within this range, suggesting a healthy equilibrium in market dynamics. The upper boundary of the corridor, defined as +1σ, currently hovers around $130,000. Adler notes that this level represents a zone where short-term holders typically begin to lock in profits more aggressively. Historically, price approaches to this boundary have triggered waves of selling, providing a natural cap until stronger demand emerges. Nevertheless, the existence of this upper bound gives the market a clear target, and if current dynamics persist, a move toward $130K appears increasingly realistic. Equally important is the baseline of the corridor, which reflects the average realized price of short-term holders. Since the beginning of 2024, Bitcoin has consistently held above this level (marked by the yellow line on the chart). This persistent strength signals sustained bullish sentiment, as short-term drops below the baseline have been quickly bought up, reflecting robust demand. In effect, Bitcoin remains in a state of equilibrium—neither overheated nor oversold—within the established volatility corridor. This balance, combined with the historical seasonality of October rallies and strong institutional flows, positions the market favorably for potential upside. If buying pressure continues and volatility contracts, the probability of an advance toward the $130K zone becomes a tangible scenario in the weeks ahead. Bitcoin Faces Resistance After A Rally Bitcoin is trading around $118,800 on the 12-hour chart, extending its breakout from earlier this week. Price has surged past the key $117,500 resistance, a level that capped rallies throughout September, and is now testing the $119,000–$120,000 area. This zone represents the final hurdle before a potential retest of summer highs near $125,000. The moving averages show improving momentum. BTC has reclaimed the 50-period (blue) and 100-period (green) moving averages with strong follow-through, turning them into short-term support zones around $114,000–$115,000. Meanwhile, the 200-period (red) moving average continues to rise from below, reinforcing the longer-term bullish trend. The decisive break above multiple averages in just a few sessions highlights the strength of buyer conviction. However, the chart also suggests that Bitcoin is entering overextended territory in the short term. After four consecutive bullish candles, a period of consolidation around $118,000–$119,000 would not be surprising. A failure to hold above $117,500 could see a pullback toward $115,000, while sustained buying could confirm a path to $120,000 and beyond. Featured image from ChatGPT, chart from TradingView.com

Copper prices climbed to their highest level in more than a year on Thursday, fueled by mounting global supply disruptions and growing expectations that US interest rate cuts will support demand for the industrial metal. Benchmark futures on the London Metal Exchange (LME) briefly rose above $10,500 a tonne for the first time since May 2024, before trading at $10,497.50, up 1.1% as of 11:50 a.m. in London. Three-month futures traded above $10,976 per ton ($4.989 per lb.) on the CME, up 2.2% for the day. Click on chart for live prices. The rally has been bolstered by news that Freeport-McMoRan (NYSE: FCX) declared force majeure at its giant Grasberg mine in Indonesia. The setback adds to a series of supply challenges across South America and Africa, tightening global availability. “The scale of this disruption is very big,” said Albert Mackenzie, copper analyst at Benchmark Mineral Intelligence. Benchmark estimates that supply losses will reach 591,000 tonnes between September 2025 and the end of 2026, equivalent to about 2.6% of 2024’s global mine production, which analysts put at roughly 23 million tonnes. The disruptions mean the copper market will swing into a deficit of around 400,000 tonnes in 2025, Benchmark said. The impact has also led Goldman Sachs to revise its market balance forecast. The bank now projects a 55,500-tonne deficit for 2025, compared with its earlier expectation of a 105,000-tonne surplus. A small surplus is still expected in 2026. Adding momentum to copper’s rally, US economic data reinforced expectations of interest rate cuts. An ADP private payrolls report showed an unexpected decline in September jobs, at a time when official data releases may be delayed by the ongoing US government shutdown. Lower interest rates typically support commodities by boosting consumption and weakening the US dollar, which in turn makes dollar-priced metals cheaper for buyers using other currencies. A Bloomberg dollar index slipped for a fifth consecutive day on Thursday. (With files from Reuters and Bloomberg)

The world’s largest holder of physical uranium keeps expanding its war chest. The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) now holds about 72.4 million lb. of uranium, according to its website. That’s after buying 400,000 lb. of uranium oxide (U3O8) Wednesday, BMO Capital Markets analysts Helen Amos and George Heppel said Thursday in a note. “In our view, the increasing activity of financial players and the focus of utilities and governments on uranium supply security will continue supporting the improving uranium demand fundamentals,” the BMO analysts wrote. Sprott bought more than 2.3 million lb. of U3O8 in the third quarter, BMO reported late last month. That was the highest amount since the first quarter of 2023. The trust now has a net asset value of about $6 billion. It’s run by Toronto-based Sprott Asset Management, which oversees total assets of more than $40 billion. Spot gains Spot uranium rose 1.4% to $83.10 Thursday morning, Trading Economics data show, one of the heavy metal’s highest levels in a year. That boosted uranium’s gain to about 14% since the start of the year. US dollar-denominated units of the Sprott Physical Uranium Trust fell 1.4% to $19.82 in Toronto Stock Exchange trading Thursday morning. They have traded between $12.65 and $20.60 in the past year. Separately, US second-quarter production of U3O8 jumped 41% to 437,238 lb. compared with the same period a year ago, the US Energy Information Administration (EIA) said Wednesday in a quarterly report posted on its website. Five US facilities produced uranium – three in Wyoming and one each in Texas and Utah. The production of U3O8 is the first step in the nuclear fuel production process. It precedes the conversion of U3O8 into uranium hexafluoride (UF6) to enable uranium enrichment, fuel pellet fabrication and fuel assembly fabrication. Production tailwinds US uranium concentrate production reached 677,000 lb. last year, EIA data show, while the country purchased about 50 million pounds. Shipments from countries such as Canada, Kazakhstan and Australia have dwarfed US output since the 1990s, though domestic output has been rising in recent years. But despite domestic production tailwinds, US nuclear reactors could soon face supply issues, BMO says. Another EIA report shows maximum uranium deliveries between 2025 and 2034 under existing contracts would total 234 million lb. of U3O8. This would leave unfilled uranium market requirements of 184 million lb. for the same period, BMO says. Energy Secretary Chris Wright said last month the federal government was considering increasing its strategic uranium reserve to lessen reliance on Russian supplies and bolster confidence in nuclear power’s long-term potential, Russian imports account for about a quarter of the enriched uranium needed by the 94 US nuclear reactors that produce about a fifth of the country’s electricity.

With crypto staking gaining mainstream traction, asset managers are exploring ways to package staking rewards into regulated investment products like exchange-traded funds (ETFs). But not all blockchains are suited for the job. Bitwise CEO, Hunter Horsley, appearing at the Singapore Token2049 event, agreed with that sentiment and opined that Solana .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Solana SOL $225.15 2.02% Solana SOL Price $225.15 2.02% /24h Volume in 24h $7.84B Price 7d Learn more on the other hand faces a bit more resistance. Myriad traders now see only a 49.9% chance of SOL reaching its previous peak of $295.11 by this year’s end. Market Cap 24h 7d 30d 1y All Time With the token currently trading at , it would need a 34% rally. This seems unlikely given its ETF uncertainty and slower adoption rate. Just two weeks ago, the market was far more optimistic at 67%, but clearly, the sentiments have shifted. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year What Do The Charts Reveal? ETH’s technical setup is showing signs of strong bullish momentum. Its 50-day exponential moving average (EMA) is trading above its 200-day EMA, signalling a strong uptrend. The short-term trendline, however, shows a slight downward slope, hinting at a possible consolidation or a minor pullback. (Source: TradingView) If momentum holds, ETH could reach its ATH by December. If not, a correction towards $3,000 is possible. SOL’s price shows signs of steady buying, but it hasn’t locked into a string trend yet. The current RSI at 53 signals that buyers are somewhat active, though not as aggressive as ETH. Right now, SOL is trading above its 50-day and 200-day EMAs, with possibilities of more upside. (Source: TradingView) The big unknown factor is its ETF approval. Several issuers believe SOL ETF could be greenlit as early as next week, which might give its price a major boost. Suffice to say, ETH has an easier path to an ATH. It only needs a 13.8% price jump compared to Solana’s 34%. If current momentum holds, ETH could hit its peak within weeks. Solana, on the other hand, is a wild card. Its price action has been subdued, but could break if an ETF gets a green light. EXPLORE: 20+ Next Crypto to Explode in 2025 Key Takeaways Solana offers faster unstaking, allowing users to return investor funds more quickly In early September, over 860,000 ETH were waiting to be staked, the highest in over a year ETH has a better chance at reaching ATH faster than SOL, although news of a SOL ETF could trigger a price surge The post Is Solana Is Destined To Beat Ethereum? Can Staking ETFs Trigger SOL ATH Before ETH? appeared first on 99Bitcoins.

Zach Witkoff, son of US special envoy Steve Witkoff and co-founder of World Liberty Financial, wants to drive the tokenisation of Trump properties by bringing them onto the blockchain. Speaking alongside Donald Trump Jr. at the Token2049 conference in Singapore on 1 October 2025, he shared his plans for the tokenisation of Trump properties, namely iconic assets like Trump Tower Dubai, into tokenised investments for investors. According to an article from Bloomberg dated 2 October 2025, Witkoff expressed his plans for the tokenisation of Trump properties, stating, “The Trump family has one of the most exciting real estate asset portfolios in the world. What if I told you that you could go on an exchange and buy one token of Trump Tower Dubai?” They highlighted that the size of the TradFi market highlights how much room there is for tokenisation to expand. According to the 2025 Skynet RWA Security Report, the tokenised asset market could reach $16 trillion by 2030. U.S. Treasuries are leading the way, with projections showing $4.2 billion in tokenised volume this year, mostly from short-term government bonds. With banks, asset managers, and blockchain-native companies eyeing tokenisation to improve yield and liquidity options, institutional interest is picking up speed. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Key Takeaways Zach Witkoff plans to tokenise Trump family properties, starting with Trump Tower Dubai. Skynet RWA Security Report suggests that the tokenised asset market could reach $16 trillion by 2030 Animoca Brand’s report suggests that tokenising real-world assets could unlock a $400 trillion traditional finance market The post Zach Witkoff Plans Blockchain-Based Tokenisation Of Trump Properties appeared first on 99Bitcoins.

Gold rose for a sixth straight session on Thursday to set another all-time high, as the ongoing US government shutdown and expectations of a Federal Reserve interest rate cut continue to lift safe-haven demand. Spot gold inched higher to a new record of $3,896.43 per ounce, but has since pulled back to around the $3,830 level. In the previous session, it traded as high as $3,895.13 an ounce. Click on chart for live prices. Three-month US gold futures followed a similar pattern, as the contract’s price rose to $3,923.30 per ounce before paring gains. Gold has been rallying non-stop since the last week of September amid growing US federal budget concerns, which eventually led to a government shutdown. Also, the market is anticipating additional rate cuts by the Federal Reserve, with most traders pricing in another 25-basis-point cut later this month. Historically, low interest rates have benefited non-yielding assets like gold. The metal rose more than 10% in the weeks leading up to the Fed’s September cut — its first in nearly a year — and that momentum has carried into October. For the year, bullion has soared 48%, supported by strong central bank buying and rising holdings in gold-backed exchange-traded funds, as institutions and traders all sought safety in the metal to shield against rising economic and geopolitical risks. Monthly ETF inflows in September were the largest in three years, according to data compiled by Bloomberg. Chinese buyers were also scooping up more gold-backed funds, with the four most popular registering inflows last month following a period of tepid demand. “With trade tensions and tariffs shaping the global landscape, and with geopolitical hotspots showing little sign of resolution, the environment remains supportive for safe-haven demand,” StoneX said in a note on Thursday. “Central banks are unlikely to step back from their buying programs, particularly given the long-term diversification strategies now in place,” the financial services firm added. The bullish outlook on gold is echoed by several major banks including Goldman Sachs, which placed the yellow metal as its “highest-conviction long commodity recommendation,” citing structurally higher central bank demand, upside risks from private sector diversification and attractive hedging properties in market downturns. A month ago, the bank predicted that prices could even reach $5,000 if US President Donald Trump continues to try to interfere with the Fed, which would erode investor confidence in the bank’s independence. In a note on Wednesday, Goldman analyst Daan Struyven said that the upside risks to its forecasts of $4,000 per ounce by mid-2026 have intensified due to the limited role of speculative positioning in the recent rally and a surprisingly strong Western ETF demand. (With files from Bloomberg and Reuters) Sponsored: Secure your wealth today — buy gold bullion directly through our trusted partner, Sprott Money.

Chile state-owned copper miner Codelco said on Thursday it will pilot Caterpillar’s (NYSE: CAT) new Dynamic Energy Transfer (DET) system, which supplies electricity to both diesel-electric and battery-electric large mining trucks while in motion. The trial will take place at Codelco’s Radomiro Tomic Division in northern Chile using three Cat® 798 AC diesel-electric haul trucks. The system, scheduled to launch in the second quarter of 2026, is expected to cut emissions by 60%–70% and extend engine life while reducing fuel consumption. DET works by transmitting electricity through an electrified rail system connected to a power transfer module, which converts energy from the site’s grid to the required voltage. A machine-connection system then feeds the power directly into the truck’s drivetrain. The technology is compatible with both diesel-electric and future battery-electric trucks, Caterpillar said. “We are steadily advancing toward the mining of the future,” Felipe Lagno, Codelco’s corporate manager of innovation and technology, said in the statement. “We have the opportunity to reduce our environmental impact and extend the useful life of our trucks without compromising productivity,” he said. One-year trial The one-year trial will involve installing electrified rails along a ramp in open-pit operations. Cat dealer Finning SA will support the project by handling installation and maintenance. Marc Cameron, Caterpillar’s senior vice-president, said the collaboration would help refine DET’s design by incorporating customer feedback. Finning president Juan Pablo Amar called the project a milestone in advancing sustainable mining practices. The charging “on the go” initiative forms part of Codelco’s broader roadmap to decarbonize operations by electrifying its fleet and partnering with equipment makers, research centres and universities on low-carbon technologies. Codelco will test Cat® DET system using three diesel-electric haul trucks. (Image courtesy of Codelco | Flickr.)

Spacecoin says it has relayed a blockchain transaction entirely through space, moving data from one ground point to another without using terrestrial internet links. According to reports, the test aimed to show that cryptographic transactions can be sent via satellite radio and still be validated at the other end. End-To-End Transaction Via Satellite Reports have disclosed that the transmission began in Punta Arenas, Chile, was uplinked over S-band radio to a nanosatellite called CTC-0, and then downlinked to a ground station in the Azores, Portugal. That path covered roughly 7,000 kilometers. Based on reports, the message was processed on the Creditcoin test network rather than a major public mainnet. The demonstration was presented at TOKEN2049. Company posts and media reports say the event was a single proof-of-concept meant to check whether signature data and transaction integrity survive the trip through spaceborne links. Partners And Planned Expansion According to Spacecoin’s posts, the nanosatellite used in the test was supplied in partnership with EnduroSat. The firm also mentioned plans to add three more satellites as part of a CTC-1 cluster, scheduled for launch in Q4 2025. Those additions are intended to increase coverage and allow inter-satellite handoffs. Reports caution that a small cluster of satellites is not the same as continuous global coverage, but it would expand the number of possible uplink and downlink windows for users in remote places. Technical Limits And Security Concerns Based on reports and commentary from industry observers, the demo leaves several important questions open. Radio links can be slow and have limited bandwidth. Latency grows when signals travel to orbit and back. The method is vulnerable to interference, jamming, or misrouting if proper safeguards are not in place. While the transaction itself carried cryptographic signatures that were verifiable, experts say operational security for ground stations, frequency licensing across countries, and robust anti-spoofing measures will be essential before any real service can be offered to consumers. Potential Uses And Practical Hurdles Reports note potential benefits. Satellite-based routing could provide a backup route for remote communities, disaster zones, or places with unreliable or censored internet. That said, launching and operating satellites has big costs. Ground terminals are needed. Adoption will depend on price, ease of setup, and whether users can get reliable, timely service rather than intermittent windows. Competition And Market Fit According to Reuters, the announcement frames Spacecoin as aiming at a market that already has major players such as Starlink. Competing with large networks will require a clear niche — for example, specialized uplinks for blockchain messaging, or partnerships with regional operators. The economics will matter as much as the technical proof. Featured image from Gemini, chart from TradingView

NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has secured firm commitments for nearly C$800 million ($600 million) through a dual-market equity raising to fund construction of its flagship Rook I uranium project in Saskatchewan’s Athabasca Basin. The developer announced Wednesday that it had entered into two separate underwriting agreements — one in North America and another in Australia — that will collectively raise C$800 million at C$12.08 per share. Under the Canadian tranche, a syndicate of underwriters led by Merrill Lynch Canada will acquire 33.1 million shares on a bought-deal basis, generating about C$400 million in gross proceeds. In Australia, Aitken Mount Capital Partners will underwrite the issue of 30.5 million CHESS Depositary Interests (CDIs) to sophisticated and professional investors, also valued at about C$400 million. Canaccord Genuity will act as joint lead manager and bookrunner, but not as underwriter, for this leg of the financing. The offering is expected to close around October 15, 2025, subject to regulatory approvals. NexGen shares fell 3.4% on Thursday to C$12.23 in Toronto, giving the company a market capitalization of C$6.9 billion ($4.9 billion). Flagship project The Rook I project hosts one of the largest development-stage uranium deposits in Canada. A 2021 feasibility study outlined an initial 11-year mine life with output of 21.7 million lb. U₃O₈ annually during the first five years, and potential annual production of up to 30 million lb., according to an updated assessment released in August. With a capital cost of C$1.3 billion, Rook I is positioned as the world’s largest and lowest-cost uranium mine. The project holds 3.7 million measured and indicated tonnes grading 3.1% U₃O₈.

Winning Consortium Simandou (WCS), the mining company that’s developing Blocks 1 and 2 of the massive Simandou iron ore project in Guinea, has halted operations after a fatal accident killed three foreign workers. WCS, a Singapore-based firm developing Blocks 1 and 2 of the project in the Kérouané province, confirmed the incident and halted activity to review safety protocols. “Emergency procedures were immediately activated, and medical teams at the local hospital made every effort,” the company said in a statement, without providing details about the cause of the accident. The incident brings the total number of fatalities at Simandou to 14 since November 2023. An investigation is underway, and operations will resume only when safety conditions are fully assured, Bloomberg News reported. This is the second fatality-linked shutdown at Simandou in less than two months. In late August, Rio Tinto and its partner Chinalco suspended activity at their Simfer site in the southern section of the range after a contract worker died. Simandou is home to the world’s largest known untapped deposit of high-grade iron ore, estimated at 2.4 billion tonnes. The site is divided into four blocks. While WCS oversees the northern half, Rio Tinto and Chinese state-owned Chinalco, in partnership with the Government of Guinea, are developing Blocks 3 and 4. World’s highest grade ore Once operational, Simandou is expected to become the world’s largest and highest-grade new iron ore mine, producing 120 million tonnes of premium ore annually, with first ore in the Rio Tinto-controlled area targeted for November. The deposit contains ore with an iron content of around 65%, prized for its efficiency in steelmaking and lower environmental impact. Rio Tinto first secured exploration rights to Simandou in 1997. Progress has been repeatedly delayed by political instability, including two coups, four heads of state, and three presidential elections. The broader project includes a 600-kilometre railway and a new deep-water port on Guinea’s Atlantic coast. Rio Tinto will operate one of the two mines supplying the infrastructure. Simandou remains a flagship project for Guinea, holding major economic promise through job creation, infrastructure development, and increased export revenue.

By Jonatan Randin, Market Analyst at PrimeXBT World Liberty Financial (WLFI) is one of the most high-profile altcoins launched in 2025. Backed by branding ties to Donald Trump’s family, WLFI raised significant capital during its presale before launching trading on 1 September 2025. With governance as the sole stated utility of the token, WLFI offers an unusual mix of political attention, ambitious product promises, and experimental tokenomics. This article takes a deeper look at WLFI’s origins, structure, governance, on-chain concentration, and technical analysis to assess whether it represents a valid opportunity or simply a speculative narrative. WLFI can now also be traded on PrimeXBT, a global crypto and CFD broker, as part of the platform’s recent expansion of Crypto Futures with 101 new coins, alongside its existing range of digital assets and traditional markets. What is WLFI? World Liberty Financial positions itself as a decentralised finance platform that aims to merge traditional finance and blockchain infrastructure. Its messaging centres on “DeFi meets TradFi,” presenting WLFI as a governance token at the heart of this ecosystem. According to its own terms, the only direct utility of WLFI is governance. Token holders can propose and vote on protocol decisions, like liquidity management and treasury use. Importantly, WLFI does not confer investment rights, revenue claims, or equity. In practical terms, holding WLFI grants influence, not financial entitlements. The Trump family connection WLFI is consistently described by major media outlets as Trump-linked or Trump-backed. Reports state that the Trump family and its associates are believed to hold as much as 60% of the supply, making their influence on governance substantial. While the precise operational role is unclear, the association has been a central part of WLFI’s identity from the outset. This dual identity, part DeFi experiment, part political brand, has attracted both attention and scepticism. The Trump link ensures visibility but also raises regulatory and reputational risks. How WLFI launched WLFI’s presale reportedly raised more than half a billion dollars, making it one of the largest fundraising events of the year. Tokens distributed during the presale were initially non-transferable, with trading approved only after a governance vote. WLFI officially began spot trading on 1 September 2025, with early investors allowed to unlock a portion of their holdings. This governance-first launch was designed to demonstrate decentralised decision-making, though it also meant that price discovery only began once governance permitted. Unlock mechanics and supply At launch, only 20% of early investor holdings were unlocked, with the rest subject to vesting schedules and governance decisions. Reports estimate that roughly 24.6 billion WLFI entered circulation at this stage. Future unlocks remain a key factor for traders and investors, as staged releases can introduce significant supply pressure. Governance votes will play a central role in determining how and when these tokens are released, meaning the community itself has partial control over inflation dynamics. Governance so far Since launch, governance has been the main focal point of WLFI’s narrative. A headline proposal suggested using 100% of protocol-controlled liquidity fees for WLFI buybacks and burns. While attention-grabbing, this only applies to liquidity under protocol control, not external pools, limiting the impact. Reports confirm that post-launch, the project has already executed a burn of around 47 million WLFI, a small fraction of the circulating supply. For traders, it is crucial to distinguish between proposals, approvals, and verifiable on-chain execution. Ecosystem plans: USD1 stablecoin Alongside WLFI, the project has launched a stablecoin called USD1, which was airdropped to WLFI holders in September 2025. While technically live, adoption remains extremely limited. Reports show that two wallets hold more than 80% of USD1’s supply, with a third wallet controlling close to 10%. Such concentration leaves little in circulation and highlights the early, experimental state of the stablecoin. Until USD1 sees broader distribution and use cases, it is better viewed as a concept than as a fully functional product. On-chain context WLFI’s on-chain footprint provides useful insight into its risks and concentration. On-chain data from mid-September showed just over 76,000 wallets holding WLFI, which suggests broad reach, although many of these balances are very small. Reports indicate that the Trump family and its associates hold about 60 percent of the supply, while further analyses suggest the top five wallets control roughly two-thirds of circulating tokens, with the top 100 addresses together accounting for the overwhelming majority. Such concentration is not unusual in early-stage altcoins, but it leaves WLFI highly sensitive to the actions of a few large holders. In terms of supply management, around 47 million WLFI have already been burned, though this represents only a fraction of circulation, and more than three-quarters of the total supply remain locked and subject to future governance decisions. For market participants, monitoring concentration among holders, the timing of future unlock schedules, and whether governance proposals are executed on-chain will be essential to assessing whether WLFI’s distribution becomes healthier or remains controlled by a small group. Risks to weigh WLFI also carries several risks that market participants should weigh carefully. The majority of its supply remains locked, and future unlock events could add significant selling pressure. Governance outcomes remain uncertain, as high-profile proposals like buybacks or burns depend not only on approval but also on actual execution. The Trump family branding brings visibility yet also heightens political and regulatory scrutiny, which could affect sentiment. Finally, ecosystem products such as the USD1 stablecoin are still in their infancy, with adoption limited and supply concentrated in a handful of wallets, leaving them far from functioning as robust, widely used tools. Technical view On the daily chart, WLFI has already established a clearly defined range despite the limited trading history. The range lows are around 0.1855, the range equilibrium (EQ) sits near 0.22, and the range highs are just above 0.25. Unlike many new tokens that often experience an initial sharp sell-off after launch, WLFI has so far managed to hold within this structure. This stability raises the possibility that price action here could be forming an accumulation zone, where larger players are gradually positioning before a potential breakout. Because WLFI has only been trading for about a month, the dataset is still limited. For now, the daily range gives us clean reference levels to work with, but to understand more about the possible direction we will need to shift focus to intraday charts. On the 4-hour timeframe, WLFI recently bounced inside the long reload zone, the area between the 0.618 and 0.786 Fibonacci retracement levels. This reaction signals that buyers are stepping in at a key support area. If the current move continues higher, the next level of interest is the range equilibrium (EQ) around 0.22. A retest of that level would also complete the structure of a possible W-shaped or double bottom pattern. In that scenario, a break above the neckline of the W, which coincides with the range EQ, could lead to a potential move towards the range highs near 0.25. This also aligns with the projection of the measured move technique, where the distance between the pattern’s low and neckline is extended upward from the breakout point. This gives WLFI a clear short-term technical potential roadmap, with support at the reload zone, neckline resistance at the range EQ, and a possible upside move toward the range highs if momentum confirms. The bigger picture The most important level to watch for WLFI in the near term could be the area between 0.24 and 0.26. A break above this level would take price outside of the clearly defined range and could confirm the structure as accumulation, setting the tone for a new bullish market phase to form. Even though technical analysis does a good job of addressing the questions of how and when, it does not explain the why. That is where fundamental analysis comes in. Technicals can show when price is moving and perhaps to where, but they cannot explain why. To understand that, we have to go back to the fundamentals of the project and assess what WLFI is actually promising. As investors and analysts, the task is to track developments within the project and measure whether they are moving toward their stated goals. On-chain data gives us useful tools here. With supply heavily concentrated among a few holders, monitoring the actions of major wallets is essential. Watching how these large holders behave around unlock events can provide clues, since a decision to keep tokens after an unlock suggests confidence, while heavy selling could undermine the case for accumulation. This blend of on-chain observation and technical analysis offers a structured way to follow WLFI. At its core, the project comes with both big promises and high-profile backing. The open question is whether this will translate into sustained value or if WLFI turns out to be another short-lived opportunity shaped by narrative rather than delivery. Readers should combine the information with their own research to form their own conclusion. Trading WLFI with PrimeXBT For traders looking to gain exposure to WLFI, PrimeXBT now offers it within its expanded Crypto Futures lineup of 101 new coins, in addition to existing Crypto CFDs, Forex, Indices, Commodities, and Stocks. Key points for trading Crypto Futures on PrimeXBT: Ultra-low fees: maker 0.01%, taker from 0.045%, with up to 70% discounts via the VIP Tiers Program, plus selected coins available commission-free for a limited time, Leverage of up to 1:500 on BTC, 1:400 on ETH, and 1:100–1:150 on altcoins, Institutional-grade liquidity for scaling positions efficiently at a lower cost base, Advanced risk management: tiered margin requirements, cross/isolated margin modes with personal leverage caps, real-time margin tracking, and stop-loss/take-profit with bracket orders, Integrated platform: trading WLFI and altcoins via Crypto Futures, alongside CFDs and a built-in Crypto Exchange, all in one place. WLFI illustrates how new tokens can be shaped by politics, governance, and narrative. PrimeXBT empowers traders with the tools and flexibility to navigate such evolving markets with confidence and control. Start trading Crypto with PrimeXBT Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

USDT issuer Tether has added a significant amount of Bitcoin to close out the third quarter, a development that has caught the attention of the crypto community. Tether’s CEO, Paolo Ardoino, also confirmed this purchase, as the company ranks among the largest BTC treasury companies. Tether Adds 8,889 BTC To Bitcoin Holdings Arkham data shows that Tether bought 8,889 BTC for $1 billion, with the coins transferred from Bitfinex’s hot wallet to the USDT issuer’s Bitcoin reserves wallet. The company now holds 86,335 BTC, which is valued at $10.23 billion. Ardoino also confirmed the purchase in an X post, highlighting their effort to keep accumulating BTC. BitInfoCharts data shows that Tether is currently one of the largest Bitcoin holders, controlling 0.4% of the flagship crypto’s supply. Meanwhile, based on BitcoinTreasuries data, the USDT issuer will rank as the second-largest BTC treasury company, just behind Michael Saylor’s Strategy. Notably, Tether also has more Bitcoin exposure through its stake in Twenty One Capital (XXI), which is currently the third largest BTC treasury company, behind Strategy and Mara Holdings. XXI holds 43,514 BTC on its balance sheet, some of which it received from Tether as part of the USDT issuer’s investment. Meanwhile, Tether has made it clear that it intends to continue buying as much Bitcoin as possible. Ardoino stated last month that while the world continues to become darker, they will continue to invest part of their profits in safe assets like BTC, gold, and land. This came as he clarified that his company wasn’t selling Bitcoin to buy more gold but was instead buying both assets for their reserves. It is worth mentioning that Tether generates the most revenue among crypto protocols. DeFiLlama data shows that the stablecoin issuer has earned $22.27 million in revenue in the last 24 hours and $155.27 million in the last seven days. As such, the firm makes enough profits to keep buying BTC. The Bottom For BTC Notably, Tether’s latest Bitcoin purchase came just as the BTC price bottomed out. The USDT issuer had bought these coins when the flagship crypto was trading at around $110,000. Since then, BTC has staged a parabolic rally, beginning this month with a gain of around 6%. Bitcoin had dropped to as low as $108,000 about a week ago. Bitcoin is expected to record significant gains this month based on historical data. October is its second-best performing month, recording average gains of 20% over the years. Factors like a Fed rate cut could also help spark massive gains for the flagship crypto. At the time of writing, the Bitcoin price is trading at around $118,400, up over 3% in the last 24 hours, according to data from CoinMarketCap.

While investors are becoming euphoric due to the perceived strong start to what everybody is calling ‘Uptober’, several warning signs are emerging that point toward a market-wide crash, which could see BTC price fall below $100k, dragging altcoins along with it. The Bitcoin 1-day chart is flashing a bearish signal, while the US Government has just gone into shutdown. Meanwhile, there is a strong consensus online among traders calling for new crypto highs in October and throughout Q4. Whenever the majority of investors are aligned on the direction of the market, historically, the opposite tends to happen. Today, the global cryptocurrency market cap is $4.18T, up 1.9% in the last 24 hours, with .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Bitcoin BTC $118,866.00 1.14% Bitcoin BTC Price $118,866.00 1.14% /24h Volume in 24h $58.13B Price 7d Learn more were all slated to be close to receiving approval for their various spot ETF applications. Still, the shutdown could delay this, which would be another bearish catalyst for the broader crypto market. Another potential fallout from the shutdown is this month’s Federal Reserve FOMC meeting. It is expected that the Fed will cut interest rates by another 25bps following September’s cut. However, the Government’s uncertainty could lead to a delay in the decision, or the worst-case scenario is that Powell announces no changes to interest rates. DISCOVER: 20+ Next Crypto to Explode in 2025 Wave Pattern Showing $119K Then Sub $100K (SOURCE: TradingView) When overlaying Elliot Wave theory to the Bitcoin 1-day chart, we can observe this structure as a big zigzag in wave 2/B. Major supply zone begins at around $119K, which is where we can expect the next big sell impulse to start. Worryingly, BTC price is trading just a few hundred dollars below the $119,000 level, meaning a significant move could be coming sooner rather than later. It would be impeccable timing as investors are quickly becoming euphoric, flashing green P&L cards and calling for wild price targets on their favourite tokens. If Bitcoin indeed rejects between $119,000 and $120,000, there is a strong likelihood that it will fall below $100,000. This bearish setup will be invalidated if the BTC price closes the day above $124,500. Crypto Fear and Greed Chart All time 1y 1m 1w 24h Another metric to consider when speculating about the market’s direction in October and beyond is the classic Fear & Greed index. After reaching 44 last week, firmly within the ‘fear’ category, today it stands at 64, which equates to the market feeling ‘greed’. When used in conjunction with technical analysis and other indicators, the Fear and Greed Index has historically been an accurate indicator of crypto price speculation. Warren Buffett said it best: “Be fearful when others are greedy and be greedy when others are fearful.” EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Forget ‘Uptober’, its REKTOBER : BTC Price Set to CRASH Below $100k appeared first on 99Bitcoins.

Bitcoin is sitting at the “lowest amount of volatility of all time” on the monthly chart, and that historically precedes the cycle’s most forceful upside, according to crypto analyst Kevin (Kev Capital TA). In an October 1 video analysis, Kevin tied an all-time low in the Bollinger Bands Width (BBW) to a long-running pattern across prior cycles and argued that the setup into Q4 leaves “no excuses” for the market not to push higher if key supports hold and the macro backdrop stays benign. Kevin builds his case around two higher-timeframe indicators: the monthly BBW and the monthly RSI. BBW tracks the distance between the Bollinger Bands rather than plotting the bands themselves; compressed width signals historically low realized volatility and the potential for sharp expansion. “We are at the lowest Bollinger Band width we have ever been at in Bitcoin history,” he said, calling it an inflection that has repeatedly aligned with outsized trend moves. He pairs that with a monthly RSI that topped in prior blow-off phases and is currently consolidating in what he describes as a bull-flag structure. “Anytime the Bollinger bandwidth percentage gets as low as it is right now… every single time in history on the monthly time frame, we have experienced massive moves higher in the market,” he argued. To illustrate the cycle rhyme, Kevin pointed to late 2013 and 2017, when monthly RSI peaked around 96 and 95 respectively while BBW expanded into cycle tops after earlier troughs in volatility. In the subsequent bear-market basing phases, he says BBW fell to cycle lows before fresh expansions began. In the most recent cycle run-up, he characterizes Q4 2023 into March 2024 as the “real rally,” noting that RSI topped near 76 and has since been coiling with “lower highs and higher lows on the monthly RSI… very, very nice looking.” The analyst underlined a key conditional: the technical structure only resolves bullish if Bitcoin preserves its higher-timeframe support. He cites the weekly “bull market support band” and nearby horizontal levels as the line in the sand. “As long as Bitcoin can hold key levels, that being the weekly bull market support band, which currently sits at 109.2K, [and] the 106.8K level, then there’s no excuses as to why Bitcoin should not be able to press higher in quarter four,” he said. What To Watch Now For Bitcoin Beyond chart structure, Kevin layered in macro and on-chain context as corroborating, not leading, evidence. On macro, his base case is that the policy environment is turning supportive: “We have stable inflation, pretty much flatlined… a weakening jobs market, but not cratering… steady GDP growth, and we have a Fed who’s looking to ease.” Referencing weaker-than-expected ADP employment data and recent FOMC signaling, he added: “We have a rate cut projected for October… for December… and [possibly] January,” and suggested the Fed’s quantitative tightening could approach an end as bank reserves tighten. He was explicit that the path depends on those conditions persisting: “As long as our macroeconomic landscape here in the US remains favorable… the pathway is laid for crypto to go higher in Q4.” On valuation and positioning, Kevin turned to a logarithmic regression model of total crypto market capitalization and a “Bitcoin risk metric.” He said total market cap has not yet exceeded his model’s fair-value trendline this cycle—placing fair value at about $4.38 trillion versus roughly $4 trillion for the current reading in his framework—and argued that previous cycle-defining blow-offs began only after crossing above fair value. “Every single time… we finally broke past the fair value logarithmic regression line, you have seen your biggest moves of the cycle,” he said. His risk metric, color-coded from low to high, currently sits near 0.49–0.50 by his count, well below the 0.8–0.9 “red” zone he associates with durable tops. “Not once this entire cycle has Bitcoin hit basically the red risk level,” he noted, adding that monthly RSI near the high-60s/low-70s is “not seeing parabolic price action… not seeing insane euphoria.” Exchange behavior is another pillar of his non-top thesis. In prior cycle peaks, he said, net flows of BTC to exchanges surged as participants prepared to sell. “Not only is that not occurring, but net flows are going off of exchanges,” he said. “That is not cycle top behavior. That is accumulation behavior.” The combination—compressed monthly volatility, consolidating momentum, sub-threshold risk, and outflows—leads him to a single conclusion: “There is major volatility coming. If anything, it’s starting now.” Kevin also acknowledged uncertainties around near-term US economic prints and even government operations, but he returned to the core of his method: synthesizing macro, technicals, and on-chain into a unified cycle view. “We don’t lean in one direction… We put it all together,” he said. Under that blended framework, he contends, calling a cycle top at current levels would “go against every single piece of information we have ever used in the past to determine cycle tops,” and would force a rethink of the model only if the market proves it wrong. The battle lines, in his telling, are clear. Hold the weekly bands around $109.2K and $106.8K, keep the macro trajectory supportive, and the historical pattern of BBW compression resolving in a powerful, final upside leg should play out as Q4 progresses. Or, as Kevin put it in the line that defined his thesis: “Every time this happened, price went vertical.” At press time, BTC traded at $118,811.

On Wednesday, the EUR/USD pair tried to continue its upward movement toward the resistance zone of 1.1789–1.1802, but the news background dampened bullish sentiment. No trading signals were generated yesterday. Today, a rebound from the 76.4% retracement level at 1.1695 would favor the euro and a resumption of growth toward the 1.1789–1.1802 zone, while a close below this level would open the way to a decline toward the support zone of 1.1637–1.1645. The wave pattern on the hourly chart remains simple and clear. The last completed downward wave broke the previous wave's low, while the new upward wave has not yet broken the last peak. Thus, the trend is still "bearish" for now. The latest labor market data and changing Fed monetary policy outlook support bullish traders, so the trend may start to shift this week. For the "bearish" trend to end, price consolidation above the last peak at 1.1819 is required. Wednesday brought many notable global events. First, the U.S. government shutdown began. In my view, this event alone is sufficient reason for bullish traders to keep pressing their advantage. The U.S. economy faces a new challenge, with most experts expecting contraction. Second, the euro area inflation report somewhat disappointed bulls, as inflation rose only weakly. Although rising inflation is generally not positive for the economy, under current circumstances, the higher it is, the more "hawkish" the ECB will remain until year-end. Since inflation remains sluggish at around 2%, traders allow for the possibility that the European regulator may cut rates once more before year-end. Thus, yesterday both the dollar and the euro had grounds for weakness. As seen on the hourly chart, both currencies spent the entire day engaged in this tug-of-war. On the 4-hour chart, the pair turned upward near the 1.1680 level, favoring the euro. Therefore, the upward movement may resume toward the 161.8% retracement level at 1.1854. A close below 1.1680 would work in favor of the U.S. dollar and open the way to further decline toward the 127.2% Fibonacci level at 1.1495. No emerging divergences are observed today. Commitments of Traders (COT) Report: During the last reporting week, professional players closed 789 long positions and opened 2,625 short positions. The sentiment of the "Non-commercial" group remains "bullish" thanks to Donald Trump and continues to strengthen over time. The total number of long positions held by speculators is now 252,000 versus 138,000 short positions—almost a two-to-one ratio. Also note the number of green cells in the table above, reflecting strong position-building in the euro. In most cases, interest in the euro continues to grow, while interest in the dollar is fading. For thirty-three consecutive weeks, large players have been reducing short positions and building longs. Donald Trump's policies remain the most important factor for traders, as they may create long-term, structural problems for America. Despite the signing of several major trade agreements, many key economic indicators continue to decline. News calendar for the U.S. and the euro area: Eurozone – Unemployment rate (09:00 UTC)U.S. – Initial Jobless Claims (12:30 UTC)On October 2, the economic calendar contains two entries, neither of which can be considered important. The impact of the news background on market sentiment on Thursday will be very weak or absent altogether. Forecast for EUR/USD and trader tips: Selling the pair was possible on a close below the 1.1789–1.1802 support level on the hourly chart, with targets at 1.1695 and 1.1637–1.1645. All targets have been reached. New sales will be possible on a rebound from the 1.1789–1.1802 level, targeting 1.1695. Buying was possible on a rebound from the 1.1637–1.1645 level with targets at 1.1695 and 1.1789–1.1802. These positions can remain open today, with stop-losses moved to break-even levels. The Fibonacci grids are built from 1.1789–1.1392 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

Trade breakdown and guidance on trading the Japanese yen The test of the 147.04 price level in the first half of the day occurred when the MACD indicator had just begun moving downward from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair declined toward the target level of 146.66. Today's U.S. session is rich in macroeconomic reports that are the focus of investors seeking a clearer understanding of both the labor market and manufacturing. Particular attention will be given to the release of weekly initial jobless claims. Traders will carefully compare actual data with forecasts to assess the labor market's resilience and signs of a slowdown. Considering that the labor market situation is far from ideal, an increase in claims could trigger another wave of dollar selling and yen buying. The change in factory orders will also be closely analyzed, as this indicator reflects the state of the manufacturing sector, a key driver of economic growth. An increase in orders points to stronger demand for goods, positively impacting employment and investment activity. Conversely, a decline in orders may signal weakening demand and potential slowdown in economic expansion. To conclude the day, market participants will focus on a speech by FOMC member Lorie K. Logan. Investors will scrutinize her remarks to gauge the Federal Reserve's next steps in monetary policy. A dovish tone would serve as a trigger for dollar selling. As for intraday strategy, I will rely more on implementing Scenarios #1 and #2. Buy Signal Scenario #1: I plan to buy USD/JPY today at the entry point around 146.82 (green line on the chart), targeting a rise to 147.22 (thicker green line on the chart). Around 147.22, I will exit long positions and open shorts in the opposite direction, expecting a 30–35 point pullback. Growth in the pair can only be expected if U.S. data is very strong.Important! Before buying, make sure the MACD indicator is above the zero line and just beginning to rise from it. Scenario #2: I also plan to buy USD/JPY today in the case of two consecutive tests of the 146.51 level, when the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. Growth can then be expected toward 146.82 and 147.22. Sell Signal Scenario #1: I plan to sell USD/JPY today after a break below 146.51 (red line on the chart), which would lead to a rapid decline. The key target for sellers will be 146.11, where I will exit shorts and immediately open longs in the opposite direction, expecting a 20–25 point rebound. Selling pressure may persist if U.S. data is weak.Important! Before selling, make sure the MACD indicator is below the zero line and just beginning to decline from it. Scenario #2: I also plan to sell USD/JPY today in the case of two consecutive tests of the 146.82 level, when the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. A decline can then be expected toward 146.51 and 146.11. Chart Legend: Thin green line – entry price for buying the instrument.Thick green line – suggested price for setting Take Profit or manually fixing profits, as growth beyond this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – suggested price for setting Take Profit or manually fixing profits, as a decline beyond this level is unlikely.MACD indicator – when entering the market, it is important to rely on overbought and oversold zones.Important. Beginner Forex traders should make entry decisions very carefully. Before major fundamental reports are released, it is best to stay out of the market to avoid sudden price swings. If you choose to trade during news releases, always set stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you neglect money management and trade large volumes. And remember: successful trading requires a clear trading plan, like the one outlined above. Spontaneous trading decisions based on the current market situation are, from the start, a losing strategy for any intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Telegram is taking another step toward bridging traditional finance with crypto. Through a new partnership among Wallet in Telegram, xStocks operator Backed, and US-based crypto exchange Kraken, tokenized equities will soon be available directly within the messaging platform. The announcement, made on Wednesday, confirms that users will gain access to tokenized versions of US equities. Wallet in Telegram, a third-party crypto wallet app integrated into the Telegram ecosystem, will serve as the gateway for this new offering. By leveraging xStocks, which specializes in tokenized assets, and Kraken’s infrastructure, the platform aims to deliver seamless trading of tokenized stocks and ETFs. Users will be able to purchase fractions of these equities in digital form, opening access to markets that are typically less inclusive. This move represents a significant evolution in Telegram’s crypto ecosystem, expanding beyond digital assets into the tokenization of traditional securities. It also underscores the growing role of tokenized finance in making equities more accessible, liquid, and tradable across global markets. With the launch planned for late October, investors are watching closely to see how Telegram’s massive user base responds to this new frontier. Wallet In Telegram Unlocks Tokenized Equities The news was shared by Wallet in Telegram’s chief strategy officer, Halil Mirakhmed, during Token2024 Singapore, highlighting the project’s mission to merge traditional financial markets with Web3 accessibility. At the same event, Max Crown, President & CEO of the TON Foundation, outlined the significance of the move in his keynote at Token2049. He emphasized that the partnership with xStocks, in collaboration with Kraken and Backed, will allow over 100 million Telegram users to access more than 60 tokenized US assets at launch. These will include major names such as Nvidia (NVDA), Tesla (TSLA), and MicroStrategy (MSTR), all backed by a 1:1 collateralization framework to ensure trust and transparency. One of the most notable features of this integration is fractional ownership, which enables users to purchase small portions of high-value stocks that might otherwise remain inaccessible. Trading will also be available 24 hours a day, five days a week, breaking away from the restrictions of traditional US market hours. This flexibility lowers barriers for global investors and represents a major step toward democratizing access to equities. Looking ahead, xStocks is set to become available on the TON blockchain in Q4, further cementing TON’s role as the foundation for Telegram’s growing financial ecosystem. By combining blockchain scalability, tokenization, and Telegram’s massive user base, the initiative has the potential to redefine how millions of people interact with traditional markets. Toncoin Holds Support Amid Prolonged Downtrend Toncoin (TON) is trading around $2.80 after a modest rebound of nearly 3.6% on the 3-day chart. Despite the short-term bounce, the broader trend remains bearish, with TON locked in a prolonged downtrend since peaking above $8.50 in early 2024. Price has consistently posted lower highs and lower lows, signaling persistent selling pressure. The moving averages reinforce this picture. TON remains well below its 50-period (blue), 100-period (green), and 200-period (red) moving averages. The inability to reclaim these levels underscores weak momentum and the dominance of bears in the market. The $3.00 area has become a critical resistance zone; without a decisive break above it, TON risks further sideways or downward action. Support continues to cluster near $2.50–$2.70, where buyers have stepped in repeatedly over the past months. A breakdown below this level could accelerate losses toward $2.00, while a successful defense may allow the token to consolidate and attempt another push higher. Featured image from ChatGPT, chart from TradingView.com

Critical Metals Corp (Nasdaq: CRML) will lift its ownership in the Tanbreez rare earth project in southern Greenland to 92.5%, positioning itself to control one of the world’s largest rare earth deposits, major shareholder European Lithium (ASX: EUR) announced Thursday. Under the revised agreement, Critical Metals will raise its stake in Tanbreez Mining Greenland AS from 42% to 92.5% by issuing 14.5 million shares to Rimbal Pty Ltd, a company controlled by project founder Gregory Barnes. The agreed price of $8 per share represents a 23% premium to Critical Metals’ last close of $6.49, valuing the transaction at $116 million. Barnes waived an earlier requirement for Critical Metals to invest $10 million before qualifying for the increased stake. The deal remains subject to Greenland government approval, with closing expected in October or November 2025. European Lithium will retain its 7.5% interest in Tanbreez, alongside a 60% shareholding in Critical Metals worth about $408 million at current prices. “This significant milestone agreement with Mr. Greg Barnes and Rimbal positions us to be laser focused on bringing this world-class asset into production,” Tony Sage, European Lithium’s executive chairman, said. “This significant milestone agreement with Mr. Greg Barnes and Rimbal positions us to be laser focused on bringing this world-class asset into production,” European Lithium executive chairman, Tony Sage, said. Game-changer The Tanbreez project contains one of the world’s largest untapped heavy rare earth (HREE) deposits, with more than 27% HREE content and an estimated 4.7 billion tonnes of host rock. Barnes described the project as “a game-changer” for the rare earths supply chain in the West. China currently dominates the sector, accounting for about 60% of global rare earth production and 85% of processing capacity. In 2023, its production totalled 240,000 tonnes, nearly six times that of the United States. Critical Metals’ March preliminary economic assessment valued Tanbreez at a pre-tax net present value of $3.04 billion, with an internal rate of return of 180%. The deal comes as the UK, EU allies and Greenland are reportedly exploring a critical minerals partnership. Greenland’s foreign minister has signalled interest in expanding EU ties, highlighting the island’s mineral wealth as a key area for cooperation.

Trade breakdown and guidance on trading the British pound The test of the 1.3487 price level occurred at a time when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upward potential. For this reason, I did not buy the pound. The absence of U.K. statistics allowed pound buyers to show a modest increase. The weakening of the U.S. dollar, amid mixed expectations regarding the Federal Reserve's further policy and the government shutdown, supports the British currency. In the near term, the GBP/USD pair's dynamics will depend on the flow of macroeconomic data from both countries and the rhetoric of central bank officials. In the second half of the day, data is expected on initial jobless claims and changes in factory orders. FOMC member Lorie K. Logan's speech will also be in focus. Yesterday's unexpectedly weak ADP private-sector employment report raised doubts about the resilience of the U.S. labor market, long considered one of the strongest pillars of the economy. Initial jobless claims will serve as a key indicator of labor market strength, and any deviation from expectations could trigger volatility. High figures may confirm concerns about slowing economic growth, while low figures could somewhat reassure investors. The change in factory orders is also an important indicator of the manufacturing sector's condition. Growth in orders reflects rising demand and positively impacts economic growth prospects. Lorie K. Logan's speech will give investors an opportunity to assess the Fed's current monetary policy stance, particularly in light of the new data. Her comments may offer clues about the likelihood of further interest rate cuts, which would weaken the dollar even more. As for intraday strategy, I will focus mainly on implementing Scenarios #1 and #2. Buy Signal Scenario #1: I plan to buy the pound today at the entry point around 1.3508 (green line on the chart) with the target of rising to 1.3534 (thicker green line on the chart). Around 1.3534, I plan to exit long positions and open shorts in the opposite direction, expecting a 30–35 point pullback. A strong pound rally can be expected after weak U.S. data.Important! Before buying, make sure the MACD indicator is above the zero mark and just starting to rise from it. Scenario #2: I also plan to buy the pound today in the case of two consecutive tests of the 1.3490 price level, when the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. Growth can then be expected toward 1.3508 and 1.3534. Sell Signal Scenario #1: I plan to sell the pound today after a break below the 1.3490 level (red line on the chart), which would trigger a quick decline. The key target for sellers will be 1.3466, where I plan to exit shorts and immediately open long positions in the opposite direction, expecting a 20–25 point rebound. The pound could fall sharply in the second half of the day after strong U.S. data.Important! Before selling, make sure the MACD indicator is below the zero mark and just starting to decline from it. Scenario #2: I also plan to sell the pound today in the case of two consecutive tests of the 1.3508 price level, when the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. A decline can then be expected toward 1.3490 and 1.3466. Chart Legend: Thin green line – entry price for buying the instrument.Thick green line – suggested price for setting Take Profit or manually fixing profits, as growth beyond this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – suggested price for setting Take Profit or manually fixing profits, as a decline beyond this level is unlikely.MACD indicator – when entering the market, it is important to rely on overbought and oversold zones.Important. Beginner Forex traders should make entry decisions very carefully. Before major fundamental reports are released, it is best to stay out of the market to avoid sudden price swings. If you choose to trade during news releases, always set stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you neglect money management and trade large volumes. And remember: successful trading requires a clear trading plan, like the one outlined above. Spontaneous trading decisions based on the current market situation are a losing strategy for an intraday trader from the start. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin has kicked off October with a strong rally, surging to a seven-week high of almost $119,450. Its price jumped 2% in just 24 hours, pushing the total crypto market capitalization to an impressive $4.08T. This huge jump has everyone excited, hoping for a repeat of the Uptober trend, a historically bullish month for Bitcoin. The rally was so big it even pushed Bitcoin’s market value past Amazon’s. It’s not just Bitcoin, either; other major coins like Ether, Solana, and Dogecoin are all riding this wave and seeing great gains. Gains are also coming in for Bitcoin Hyper ($HYPER), a project that promises to bring dApps and smart contracts to Bitcoin. Read more about what Bitcoin Hyper is in our guide. Why is Bitcoin Suddenly Soaring? So what’s behind this sudden Bitcoin surge? It’s a mix of major economic and historical trends. First, there’s a good chance the Federal Reserve will cut interest rates again this month, mostly due to a weakening US job market. In fact, a popular prediction market now shows a 99% chance of a rate cut at the Fed’s next meeting; that’s a pretty strong signal. This tends to make riskier assets, like crypto, more appealing. Then there’s the history of Uptober. Based on our findings, Bitcoin has gained value in ten Octobers in the past 12 years, making it the most reliable month for gains. While Bitcoin has now broken past a key resistance level at $117.5K, it still has its eyes on the $120K mark. If it can break through that, we could be looking at new all-time highs. This rally shows that as traditional economic signs get weaker, Bitcoin is looking stronger and stronger as a place to put your money. And with projects like Bitcoin Hyper ($HYPER) increasing the speed and utility of Bitcoin, things can only get better. Bitcoin’s Slow, $HYPER’s the Shot in the Arm It Needs If you’ve ever tried to use Bitcoin for a quick payment, you’ll know that it takes ages and you pay a bunch of fees. It’s exactly the problem Bitcoin Hyper ($HYPER) is trying to fix. It’s a powerful upgrade that gives Bitcoin the speed and low costs it needs to become useful for things other than HODLing. Through a Layer 2 that handles transactions using the Solana Virtual Machine and a Canonical Bridge, Bitcoin Hyper ($HYPER) makes Bitcoin feel snappy and affordable. It’s about making the world’s most secure crypto also one of the fastest and cheapest to use. The new technology unlocks a ton of cool uses for Bitcoin. Bitcoin Hyper ($HYPER) enables developers to build dApps, run DeFi services, and even create new digital collectibles and NFTs, all on top of Bitcoin’s rock-solid foundation. It’s like turning an old-school flip phone into a modern smartphone. Transaction speeds become next to nothing, meaning Bitcoin is one step closer to being a truly practical currency. The project is getting a lot of attention because it has the potential to transform Bitcoin into a powerful tool you can use in everyday life without giving up any of its legendary security. So Is $HYPER Actually Worth It? $HYPER’s already raised over $19.8M showing it’s got the backing worthy of one of the best crypto presales of 2025. You can get your $HYPER now for $0.013015, and with 60% staking rewards, you can even earn passive income once it launches. Recap: Due to economic factors, bitcoin’s price is soaring, hitting a seven-week high of nearly $119,450, and sending its value past that of Amazon. While it rises, investors have their eyes on Bitcoin Hyper ($HYPER), which aims to bring the OG digital asset into the modern world. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/bitcoin-nears-120k-as-traders-watch-hyper-presale

Trade breakdown and guidance on trading the euro The test of the 1.1753 price level occurred at a time when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upward potential. For this reason, I did not buy euros. The rise in the euro area unemployment rate to 6.3% was seen as routine and did not lead to a significant drop in the euro's exchange rate. Investors were likely prepared for such an outcome, given the slowdown in the region's economic growth in recent months. Nevertheless, despite the muted reaction to the unemployment data, the euro continues to face pressure. The latest inflation and manufacturing sector data, combined with higher unemployment, are not good news for the European Central Bank. This puts the ECB in a difficult position: on the one hand, it needs to consider ways to stimulate growth, while on the other, it must avoid a resurgence of price pressures, which are likely to return by year-end following U.S. tariff measures. The second half of today will be rich in U.S. macroeconomic reports closely watched by investors. These releases are expected to provide a clearer picture of both the labor market and manufacturing. Special attention will be given to the weekly initial jobless claims report, as it is a key indicator of current labor market conditions. Experts will compare the actual numbers with forecasts to gauge whether the labor market is holding steady or showing signs of slowing growth. Meanwhile, the Challenger job cuts report will provide deeper insight into labor market trends, as it shows company layoff plans and may signal future changes in unemployment. An increase in this index could indicate worsening employment prospects, which in turn could negatively affect consumer spending and overall economic development. Factory orders data will also attract traders' attention, as this reflects the condition of the manufacturing sector, one of the key drivers of economic growth. The day will conclude with a speech by FOMC member Lorie K. Logan. Investors will closely analyze her comments for clues on the Fed's future monetary policy actions. Any hints of policy easing could significantly affect the U.S. dollar. As for intraday strategy, I will focus more on implementing Scenarios #1 and #2. Buy Signal Scenario #1: Buy euros today upon reaching the price area around 1.1762 (green line on the chart) with the goal of rising to 1.1800. At 1.1800, I plan to exit the market and also sell euros in the opposite direction, expecting a 30–35 point move from the entry point. A euro rally today is likely only after weak U.S. data.Important! Before buying, make sure the MACD indicator is above the zero mark and just starting to rise from it. Scenario #2: I also plan to buy euros today in case of two consecutive tests of the 1.1746 price level, when the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. Growth can then be expected toward 1.1762 and 1.1800. Sell Signal Scenario #1: I plan to sell euros after reaching the 1.1746 level (red line on the chart). The target is 1.1712, where I plan to exit and immediately buy in the opposite direction, expecting a 20–25 point move back up from that level. Selling pressure will return if U.S. statistics are strong.Important! Before selling, make sure the MACD indicator is below the zero mark and just starting to decline from it. Scenario #2: I also plan to sell euros today in case of two consecutive tests of the 1.1762 price level, when the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. A decline can then be expected toward 1.1746 and 1.1712. Chart Legend: Thin green line – entry price for buying the instrument.Thick green line – suggested price for setting Take Profit or manually fixing profits, as growth beyond this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – suggested price for setting Take Profit or manually fixing profits, as a decline below this level is unlikely.MACD indicator – when entering the market, it is important to rely on overbought and oversold zones.Important. Beginner Forex traders should make entry decisions very carefully. Before major fundamental reports are released, it is best to stay out of the market to avoid sudden price swings. If you choose to trade during news releases, always set stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you neglect money management and trade large volumes. And remember: successful trading requires a clear trading plan, like the one outlined above. Spontaneous trading decisions based on the current market situation are a losing strategy for an intraday trader from the start. The material has been provided by InstaForex Company - www.instaforex.com