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British Prime Minister Keir Starmer triggered fury Today as he revealed plans for UK digital ID, but are major banks planning to take the British pound (GBP) digital too? Britain’s biggest banks have launched live tests of “tokenized” sterling, digital versions of bank deposits designed for faster and more controlled payments. (Source – GBP USD, TradingView) Six lenders, Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander, are taking part in the pilot, which is being coordinated by UK Finance. The project began on September 26 and will run until mid-2026. The tests focus on three use cases: marketplace payments, remortgaging, and digital-asset settlement. According to UK Finance, the goal is to cut fraud, speed up settlement, and give customers more control over how money moves. This marks one of the most significant steps yet in the UK’s push toward programmable money. Instead of creating a new currency, tokenized deposits work as digital representations of money already held at banks. They are expected to play a central role in the country’s broader digital-finance strategy, sitting alongside the Bank of England’s work on digital money and securities. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Why Does the Bank of England Prefer Tokenized Deposits Over Stablecoins? Britain’s pilot of tokenized sterling deposits is gathering momentum with backing from top banks and major industry partners. UK Finance describes the tokens as digital versions of commercial-bank money. They carry the same protections as regular deposits but come with added programmability, allowing payments to be automated and tailored to specific needs. The pilot is supported by Quant on technology, EY for advisory, and Linklaters on legal work. “This project is a powerful example of industry collaboration to deliver next-generation payments,” said Jana Mackintosh, UK Finance’s managing director for payments and innovation. The Bank of England has also pushed banks toward this model, arguing that tokenized deposits are safer than privately issued stablecoins because they keep funds within the regulated banking system. According to Reuters, the pilot will expand from marketplace payments into remortgaging and digital-asset settlement. HSBC has signaled that client demand is strongest in cross-border payments, where tokenized deposits could cut costs and settlement times. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 How Does the UK Regulated Liability Network (RLN) Shape Tokenized Bank Money? Tokenized sterling deposits are not central bank digital currency (CBDC) or private stablecoins. They are commercial bank liabilities recorded on distributed ledgers, designed to work with today’s payment systems and future tokenized markets. The initiative builds on the U.K.’s Regulated Liability Network (RLN) trials and sits alongside the Bank of England’s ongoing work on digital money and the Digital Securities Sandbox. The pilot comes after months of policy signals and fresh funding for supporting infrastructure. This week, blockchain settlement firm Fnality, operator of the Sterling Fnality Payment System under BoE oversight, secured about $136M from banks and market participants to expand wholesale, tokenized settlement rails in Britain and abroad. Investors include Bank of America, Citi, and WisdomTree. Participating banks describe tokenized deposits as an upgrade to existing money rather than a replacement. “The upgrading of bank deposits to a digital form will help ensure commercial bank money remains central to the economy,” said Ryan Hayward, head of digital assets at Barclays. HSBC called tokenized deposits “an important development in digital money.” Regulators have stressed that rules for stablecoins will not be finalized until late 2026. But they have encouraged banks to test tokenized deposits under current frameworks. That approach, together with live pilots, signals that the UK is positioning tokenized bank money as a bridge to a more programmable financial system, one that could coexist with any future digital pound. The pilot runs until mid-2026. Key indicators will be whether programmable deposits reduce fraud in online marketplaces, shorten mortgage refinancing timelines, and enable instant settlement for tokenized assets. Markets will also watch for further updates from the BoE on the digital pound and from the FCA on the final stablecoin rulebook. DISCOVER: 10+ Next Crypto to 100X In 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post First Digital ID: Is the British Pound Going Digital? Tokenized Sterling Explained appeared first on 99Bitcoins.

BTC USD price steadied near $109,000 on Friday after US inflation data aligned with expectations, leaving sellers pressing support into the Wall Street open. The move came as Elon Musk’s Grok AI maintained a call that September will likely close near current levels. The Fed’s preferred inflation gauge, the core personal consumption expenditures (PCE) index, showed a +2.9% annual rise in August, while headline PCE climbed 2.7%. Both matched the economist forecasts. (Source: US PCE index change: US Beaurea) The lack of surprise muted market reaction. Traders said the reading, though above the Fed’s target, still allows room for a possible October rate cut. That prospect helped limit downside but failed to spark fresh buying after a week of heavy liquidations. According to CoinGlass, order-book data showed bid support clustering around $108,200 on Binance, while liquidation levels sat just above $110,000. (Source: Coinglass) Glassnode reported “another wave of long liquidations” when BTC dipped below $111,000 earlier in the session, calling the slide part of an ongoing deleveraging cycle. The model sets out several thresholds. The mean band sits at $94,334, while the-0.5σ deviation lies at $72,313. Martinez stressed that unless Bitcoin climbs back above $116,354, which acts as upper resistance, the coin risks sliding toward the mean at $94,334. The analysis casts $116,354 as a pivot point: a recovery above it could revive bullish momentum, but rejection may deepen bearish sentiment. (Source: X) The warning comes amid heavy volatility, with traders digesting macro uncertainty and liquidation waves in derivatives markets. Glassnode’s chart also shows Bitcoin’s realized price at $53,759, a marker that hints at the potential for a deeper correction if risk-off sentiment grows. For now, Martinez’s signal leaves traders focused on whether Bitcoin can hold the $100,000 region or risk slipping into lower valuation bands. DISCOVER: 10+ Next Crypto to 100X In 2025 The post Core PCE Fails to Dent BTC USD Price: Grok Predicts Bitcoin Monthly Close appeared first on 99Bitcoins.

South Korean actress Hwang Jung‑eum has avoided jail after being convicted of embezzling around $3 million from her own agency. The Jeju District Court gave her a two‑year prison sentence, but suspended it for four years. That means she won’t serve time unless she gets into more legal trouble over the next few years. The case has drawn a lot of public attention, not just because of the money involved, but also because of how quickly she moved to pay it back. How the Money Was Used According to the court, Hwang began taking money from her agency in 2022. In total, she misused about 4.34 billion won, which is roughly $3.1 million. Most of that, around 4.2 billion won, was poured into crypto investments. The rest was used to pay for property and to settle taxes that had been billed to a credit card. During the trial, she admitted what she did and said she regretted her actions. She also asked for more time to make things right financially. Why She Didn’t Go to Jail There were a few reasons the court decided not to send her to prison. She had never been in legal trouble before, which helped her case. More importantly, she fully repaid the money before the ruling came down. To do that, she sold off personal assets and used her own funds. While prosecutors had asked for a three‑year jail sentence, the court gave more weight to the fact that she took responsibility and tried to fix the damage. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 The Public Response Has Been Brutal Even though she avoided prison, the fallout has been rough. Once the news broke, TV networks started editing her out of shows, and sponsors began cutting ties. She was removed from commercials, and companies pulled promotional content that featured her. EthereumPriceMarket CapETH$484.69B24h7d30d1yAll time In South Korea, public figures are held to high standards, and when someone makes a mistake like this, the response from the industry can be immediate and harsh. What She Said in Her Defense Hwang and her legal team argued that the money came from her own earnings. Because there are rules that limit how much crypto an agency can hold, she claimed she was temporarily holding the crypto in her name. They also pointed out that most of the agency’s income was made through her work, so using some of that money didn’t feel completely separate from her own finances. Still, she admitted she made mistakes in how she managed the money and taxes, and she apologized in court. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Looking Forward Now that the sentence is suspended, all eyes will be on whether she can stay out of trouble during the next four years. If anything else happens legally, she could be sent to prison. People will also be watching to see if she can rebuild her image or if more legal challenges are coming. Beyond her own case, this situation could shape how courts handle future crypto-related crimes, especially when celebrities are involved. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Hwang Jung‑eum received a two-year prison sentence suspended for four years after embezzling $3.1 million from her agency. Most of the money was used to invest in crypto, with smaller amounts spent on property and settling tax bills. She avoided jail because she had no prior record, fully repaid the funds, and showed remorse during the trial. Despite avoiding prison, Hwang has faced major backlash, including being cut from TV shows and dropped by sponsors. This case may influence how South Korean courts handle future crypto-related financial crimes involving public figures. The post Hwang Jung‑eum Gets Suspended Sentence Over $3 Million Crypto Case appeared first on 99Bitcoins.

Vanguard is finally starting to take crypto seriously. The company is considering a move that would let its customers trade crypto ETFs directly from its platform. This is a big deal for a firm that’s always been cautious about digital assets. While other major players have already embraced crypto ETFs, Vanguard has held off until now. That hesitation might be coming to an end. Why Vanguard Might Be Reconsidering The pressure has been building. Spot Bitcoin and Ethereum ETFs have pulled in over 70 billion dollars, and a lot of that interest is coming from everyday investors. People are no longer waiting around for approval from traditional institutions. They want access now, and they’re getting it through competitors like Fidelity and Schwab. If Vanguard wants to stay relevant, it can’t ignore that momentum. Not Building, Just Allowing It doesn’t look like Vanguard is planning to launch its own crypto ETF anytime soon. Instead, the company is reportedly looking into ways to give customers access to ETFs built by other firms. That would allow people to trade crypto-related products through Vanguard without the company having to manage a crypto fund itself. It’s a way of dipping a toe in without jumping all the way into the pool. DISCOVER: Best New Cryptocurrencies to Invest in 2025 The Risks of Making a Move This kind of change won’t be easy for a company that’s built its reputation on being steady and cautious. Vanguard has always played it safe, which is exactly why its customers trust it. So, any step toward crypto has to be done carefully. If the rollout feels rushed or unclear, it could shake that trust. At the same time, doing nothing may cause clients to take their money elsewhere. BitcoinPriceMarket CapBTC$2.19T24h7d30d1yAll time A Bigger Signal for the Industry If Vanguard does go through with this, it won’t just be a win for its customers—it’ll be a clear sign that crypto is becoming a normal part of long-term investing. One of the biggest names in finance opening the door to crypto ETFs would send a strong message to the rest of the industry. It might even encourage other firms that are still on the fence to finally take action. DISCOVER: 20+ Next Crypto to Explode in 2025 What’s Vanguard’s Next Move? Right now, the big questions are all about timing and execution. Will Vanguard move quickly or take its time? Which ETFs will be available first? And how will customers respond once they’re live? We also don’t know how regulators might react. If this does move forward, the response from the SEC and others could shape what happens next across the board. Either way, the fact that Vanguard is even considering this shows how far crypto has come. A few years ago, the idea of trading Bitcoin through a Vanguard account would have seemed impossible. Now it feels like it could be just around the corner. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Vanguard is considering letting clients trade crypto ETFs from its platform, a major shift from its previous cautious stance. Instead of launching its own crypto ETF, Vanguard may allow access to third-party crypto ETFs built by other asset managers. The move comes as rival firms like Fidelity and Schwab attract users with direct crypto ETF access. If Vanguard proceeds, it would signal that crypto is becoming a standard part of long-term investing portfolios. Customer demand and competitive pressure appear to be the main drivers behind Vanguard’s potential change in approach. The post Vanguard Considers Letting Clients Trade Crypto ETFs appeared first on 99Bitcoins.

Rendering from Niron Magnetics. Niron Magnetics broke ground Friday on a new 1,500-ton-per-year permanent magnet manufacturing facility in Sartell, Minnesota. After nearly a decade of research and development in partnership with the U.S. Department of Energy (DOE) and the University of Minnesota, Niron Magnetics said it has successfully created one of the first commercially viable new magnet materials in decades, capable of producing superior permanent magnets. Niron Magnetics said its product does not contain any rare-earth elements, and is made from abundant elements such as iron and nitrogen. The company said it is able to scale manufacturing of permanent magnets made from iron nitride, which exhibits exceptionally high magnetization and removes the need for rare-earth elements. Investors and commercial partners include Stellantis, Samsung, Allison Transmission, Magna, and others already sampling products from the pilot facility, it said. The new 190,000-square-foot facility will expand Niron Magnetics’ capacity to supply rare-earth-free permanent magnets for data center cooling pumps, automobile motors, robotics, consumer electronics, defense and drone equipment, and other applications critical to the U.S. Economy, it said. The facility will be built on the former Verso Paper Mill site, redeveloping a US designated coal community property. The development comes at a critical time, as pressure on rare-earth supply chains intensifies due to geopolitical tensions and rising demand for permanent magnets globally. “We’re proud to scale this homegrown technology in the heart of the industrial Midwest, and excited to make this community central to America’s supply chain independence,” Niron CEO Jonathan Rowntree said in a news release. The plant will be operational in early 2027 and will create over 175 full-time jobs in manufacturing, engineering, and operations, the company said. “Permanent magnets are an essential part of modern vehicles, the heart of the performance for everything from powertrains and cooling systems to seat motors and speakers. We are committed to offering the freedom of choice to our customers and the integration of these magnets is critical to that mission,” Stellantis VP, Propulsion Systems Engineering, Sinisa Jurkovic said. “We’ve been working with Niron since 2023to unlock next-generation motor performance, and Iron Nitride technology is helping us engineer and deliver vehicles with best-in-class capabilities.”

Demand for XRP on the CME derivatives exchange continues to rise, providing a bullish outlook for the altcoin. This comes ahead of the potential approval of the XRP ETFs, which could further spark institutional demand for XRP. CME XRP Futures Hit New Milestone In an X post, the CME group announced that it has hit its four-month milestone for XRP futures, with a notional trading volume of $18.3 billion, 6 billion XRP traded, and 397,000 contracts traded. This again highlights the demand for the altcoin, with the derivatives exchange previously stating that the altcoin’s futures products have shown demand from both institutional and retail participants. Notably, the CME XRP futures crossed $1 billion in open interest (OI) last month, with the altcoin becoming the fastest-ever contract to do so, having hit the mark in just three months. Amid the demand for the altcoin on the derivatives exchange, CME has announced plans to launch options trading on the XRP futures on October 13. This is expected to further boost the demand on the CME exchange, which is a positive for the altcoin. This new milestone for XRP futures comes just ahead of the potential launch of XRP ETFs under the 33 Act, which will also elevate institutional interest in the altcoin. Fund issuers are expected to file amendments for their respective funds as soon as the end of this week. This comes amid the SEC’s approval of the generic listing standards, which could enable these XRP ETFs to launch earlier. If that doesn’t happen, the focus will shift to Grayscale’s October 18 deadline, which is the first final deadline among all seven XRP filings. The commission could approve these funds simultaneously, just as it did with the Bitcoin and Ethereum ETFs. Massive Demand Expected For The ETFs It is worth mentioning that market expert Nate Geraci had previously alluded to the success of the CME XRP futures as one of the reasons he believes people are underestimating the demand the spot XRP ETFs may record. He also noted at the time that there was already over $800 million in futures-based XRP ETFs. In another X post, Geraci doubled down on his statement that people are “severely” underestimating the investor demand for the spot XRP ETFs. He noted how a similar thing happened with the spot Bitcoin and Ethereum ETFs, which have so far exceeded expectations. Canary Capital CEO Steven McClurg also has high expectations for the XRP ETFs, predicting that they could record up to $5 billion in inflows in their first month. He also believes that they could outperform the Ethereum ETFs in the process. At the time of writing, the altcoin price is trading at around $2.75, down over 3% in the last 24 hours, according to data from CoinMarketCap.

As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant Quicktake post by contributor CryptoOnchain, Ethereum outflows across all leading crypto exchanges have surged. In August-September 2025, the 50-day Simple Moving Average (SMA) netflow fell below -40,000 ETH per day, the lowest level since February 2023. The 50-day SMA dropping below -40,000 ETH per day signified reduced spot market supply and potential upward price pressure. The analyst shared the following chart to explain this dynamic. Meanwhile, data from Binance crypto exchange shows netflow fluctuations over the past two years, oscillating between positive and negative values. However, a clear move towards heavy outflows has emerged in recent months. The following chart shows how the 50-day SMA has reached its lowest level in two years on Binance. This indicates diminished liquid holdings on Binance, in line with the broader market trend. A similar trend can be observed on Coinbase Advanced, a top crypto trading platform that primarily serves institutional investors and US-based clients. Here, the 50-day SMA has dropped to around -20,000 to -25,000 ETH, recording the lowest level ever for this exchange. The CryptoQuant contributor noted that the significant decline on Coinbase Advanced since early summer 2025 indicates large-scale asset transfers. Presumably, these are done by institutional investors into cold wallets or non-custodial platforms. CryptoOnchain concluded by saying that the combination of multi-year lows at Binance, coupled with all-time lows at Coinbase Advanced, signals a structural, market-wide trend of ETH withdrawals from exchanges. They added: This kind of liquidity drain typically reduces immediate supply and sets the stage for potential medium‑term bullish moves – provided demand in the market rises. ETH Whales Preparing For Another Rally? Although ETH’s momentum has turned bearish over the past few weeks, on-chain data reveals that ETH whales – wallets with significant ETH holdings – are quietly accumulating the digital asset ahead of another potential rally. Most recently, crypto analyst Darkfost highlighted that ETH accumulator addresses are rising at an unprecedented rate. Notably, close to 400,000 ETH was added to these specialized wallets on September 24. ETH whales accumulating the digital asset despite its subpar price performance over the past few weeks is not surprising, as bullish macroeconomic prospects point toward a potential upcoming rally for the cryptocurrency. At press time, ETH trades at $3,900, down 2.8% in the past 24 hours.

The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported these developments, indicating that Tether is exploring private placement opportunities to solidify its position in the market. SoftBank And Ark Invest’s Potential Involvement Per the report, the involvement of SoftBank and Ark could significantly enhance Tether’s credibility in the eyes of mainstream investors, particularly as the company seeks to overcome previous scrutiny regarding its role in the cryptocurrency ecosystem. Amidst this search for funding, Tether is also expanding its investment horizons beyond digital assets, venturing into sectors such as artificial intelligence (AI), telecommunications, cloud computing, and real estate. Adding to the momentum, Tether recently appointed Bo Hines, a former advisor to President Trump on cryptocurrency matters, as CEO of its US division. This move aligns with Tether’s vision to establish a new operation in the US, adhering to the new regulatory environment, particularly following the introduction of a new dollar-pegged cryptocurrency aimed at businesses and institutions, dubbed “USAT.” Tether And US Regulatory Standards As NewsBTC reported recently, the new token adheres to the regulatory framework established by the GENIUS Act, the first stablecoin legislation signed into law by President Trump, highlighting Tether’s focus on aligning with US regulatory standards. Paolo Ardoino, Tether’s CEO, noted that the firm’s USDT stablecoin serves as a crucial financial tool for millions in emerging markets, showcasing how digital assets can foster trust, resilience, and financial freedom on a global scale. Featured image from DALL-E, chart from TradingView.com

US Critical Materials Corp. announced a strategic advisory alliance with GreenMet, a Washington, D.C.-based firm specializing in critical minerals strategy and financing. This partnership, US Critical Materials said, marks a pivotal step in advancing domestic rare earth production, with gallium—a mineral of growing national security importance—at the forefront. US Critical Materials holds the highest-grade reported gallium deposit in the United States, with concentrations averaging 300 ppm at its Sheep Creek deposit in Montana. Gallium, essential for advanced semiconductors, defense electronics, and satellite communications, has been identified by the U.S. government as a critical mineral with high supply chain vulnerability. The Utah-based privately held company has also reported rare earth samples from 125 feet underground at its property that exceed the grades of any other domestic rare earth resource. Since early 2024, Phase I Cooperative Research and Development Agreement (CRADA) researchers have confirmed the high concentrations of gallium and rare earth elements in the Sheep Creek orebody. US Critical Materials, led by US president and former USGS rare earth commodities specialist Jim Hedrick, said it will prioritize gallium as one of the first minerals to be processed under its Phase II CRADA with Idaho National Laboratory (INL). Consistent with an Executive Order by President Trump in March 20, Critical Materials and Greenmet have entered into preliminary discussions with a major Army installation base located in Alabama as a site for the environmentally benign processing of rare earth elements, critical minerals, the strategic storing of these materials, and an Innovation Center to provide critical mineral war capabilities now. Sheep Creek’s mineral profile is unmatched domestically, the company said, adding that ore grades approaching 9% total rare earths (89,932 ppm) and combined neodymium and praseodymium concentrations of 2.4% (23,810 ppm), as verified by the Idaho National Laboratory and by Activation Labs. The initial 2.5 square mile site—part of a broader 11 square mile claim—hosts over 60 carbonatite formations, underscoring its vast potential for high-grade, strategically vital resources. GreenMet will serve as strategic advisor to US Critical Materials, supporting efforts to secure federal funding through grants and concessional loans aimed at strengthening U.S. critical mineral supply chains. “Gallium is not just a mineral—it’s a strategic asset,” GreenMet CEO Drew Horn, former senior official at the White House National Security Council, said in a news release. “US Critical Materials is uniquely positioned to deliver high-grade gallium and rare earths from a secure domestic source, directly supporting U.S. national security and technological independence,” Horn said. “This alliance reinforces US Critical Materials’ commitment to building a resilient, domestic supply chain for critical minerals, with gallium as a cornerstone of its national security mission.”

Week in review – UN Assembly, ever-stronger metals, Powell and a huge USD performance, A week dominated by central bank communications and seasonal dynamics kept investors on edge, even as the UN General Assembly passed without major geopolitical surprises except for some memorable US President Trump quotes. Instead, markets focused on Fed officials and their global counterparts weighing in on shifting economic conditions. Powell’s Rhode Island appearance delivered another shift to Market focus, highlighting rising downside risks to employment and how hiring momentum has “dropped very sharply.” Fed Governor Bowman, a known dove, pushed the point further, calling for a more proactive stance to avoid falling “behind the curve”. Further north, Bank of Canada Governor Macklem stressed that trade is under attack, citing a sharp slowdown in exports and weaker investment trends tied to US policy uncertainty. He also had a few words to say on the FED’s independence and shed some light on Jerome Powell’s solid performance amid all the menaces. Markets responded in seasonal fashion, following the classic “sell Rosh Hashanah” adage pattern as volumes thinned and equities corrected from recent highs, leading to a three-day correction in Equities. Happy New Year to those who celebrate, and peace to markets and communities alike. Powell’s reminder that “equity prices are fairly highly valued” added pressure, with the S&P 500 and broader indices retracing into familiar September headwinds. The US Dollar, however, stood out, rallying on strong technical catalysts and better-than-expected US data that pushed back against optimistic 2026 rate cut bets. Resilient job numbers, as seen in the latest Jobless Claims report, and decent macro conditions for now helped the greenback regain ground, underscoring the relative strength of the US economy against global peers. A tense vibe can also be seen in the latest headline from US Secretary of War Pete Hegseth, who is convening all army generals next week. This vibe actually might have been one of the reasons for such a huge performance in metals, with Gold again marking fresh record highs on Tuesday, Platinum reaching 12 year highs and Silver pushing to reach new all-time highs, breaching $46 just today. Most Read: Silver reaches April 2011 levels: Is a new all-time high next?Weekly performance from different asset classes Weekly Asset Performance, September 26, 2025 – Source: TradingView As mentioned in the introduction, metals and the US Dollar have both sustained a consistent, strong performance but the commodity that stood out the most was easily Oil. Black gold silently rose close to 5% just this week and closing the week at its highs. It seems that Europe turning away from Russian oil as this theme progresses is starting to have an influence on the pricing itself. The real outperformers of the week, to the downside unfortunately, have been cryptocurrencies which took a dent to their strong yearly performance. They maintain at fairly high levels but their price action resembles more one of a small correction rather than a simple pullback: Ethereum now stands below the $4,000 mark, and Bitcoin is closing the week shy of $110,000 Let's also see if a further correction in cryptocurrencies could trigger further reactions to the current stubbornly ecstatic market sentiment. Read More: Dow Jones rises, but major support is under threatDollar strength rattles global Markets: what to watch for the USD Let’s dive into next week’s action, with a week that should be pretty busy. The Week Ahead – NFP week and RBA meetingAsia Pacific Markets - A new RBNZ Governor and a well-anticipated RBA meeting Not mentioned in the introduction but Markets are welcoming the new Royal Bank of New Zealand Governor Anna Breman. The week in Asia-Pacific kicks off with Japanese retail trade data and China’s official PMIs on Monday but the week really starts the following day for APAC trading. The main focus lands squarely on Tuesday, when the Reserve Bank of Australia (RBA) delivers its interest rate decision, statement, and rate outlook, followed by Governor Bullock’s press conference. The market is largely priced for a pause with only 6% of a cut priced in and only 16 bps of cut premiums priced through the end of 2025. Later in the day, Japan’s Tankan survey offers fresh insights into business sentiment, while New Zealand reports on building permits. On Wednesday, Australia publishes its monthly trade balance, exports, and imports, alongside the RBA’s Financial Stability Review, keeping AUD traders busy for the week. As a matter of fact, the week doesn't end here for Australian data. Thursday turns to high-frequency indicators with Australia’s S&P Global PMIs and Japan’s unemployment rate, while Bank of Japan Governor Ueda’s speech will be closely watched for hints on upcoming policy. Indeed, more talks around a hawkish BoJ are starting to appear, with data corroborating a potential future hike at the October 30th rate decision. Remember that Bank of Japan rate decisions are huge for markets, particularly regarding Basis trades. The week rounds off on Friday with Japan’s ruling LDP presidential election — a political event that could indirectly shape the BoJ’s stance and the yen outlook under new party leadership. US, Europe and UK Markets - US Non-Farm Payrolls, UK GDP, Swiss CPI and many speakers The week starts with an army of central bank voices on Monday, as both the Fed (Williams, Waller, ..) and the ECB unleash a wave of speakers, setting the tone for rates and policy expectations. Since the September meetings have passed, markets wnow await what CB speakers will have to say regarding upcoming decisions and what they are looking at. On Tuesday, attention shifts to the UK with Q2 GDP (QoQ/YoY) and to the eurozone with German CPI and euro-wide HICP prints, crucial for inflation watchers. ECB President Lagarde also speaks at the Bank of Finland’s 4th International Monetary Policy Conference Wednesday brings more eurozone inflation data, this time the core HICP, alongside the US ADP employment change and ISM Manufacturing PMI — a solid preview into Friday’s labour market release. On Thursday, Switzerland releases its CPI report, potentially steering CHF volatility, particularly with the ongoing deflation and the SNB hinting that they would be ready to cut rates to negative territory if needed. The week’s climax lands on Friday with the US Non-Farm Payrolls, wages data, and unemployment rate for the month of September— This report will be essential as per usual, as the mood seems to relax regarding the US employment: the recent decreases could be relating to a lower labor demand from tighter immigration rather than actual economic slowdown. But always remember that NFP can bring some surprises. Of course, don't forget the ISM Services PMI at 10:00 A.M. that day. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (High-tier data only) Not on the picture but do not forget the Chinese NBS Manufacturing PMI data on Monday evening (21:30). Safe Trades and enjoy your weekend! Follow Elior on Twitter/X for additional Market News, Insights and Interactions @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Ethereum finds itself at a crossroads after tapping the $3,800 liquidity level and bouncing back, only to stall below the key $4,060 region. With momentum hanging in the balance, traders are questioning whether this pause is simply a fakeout before a recovery or the start of a deeper move toward the $3,600 support level. Struggling Below $4,060: Key Support Yet To Be Reclaimed Ted, a well-followed crypto analyst, recently shared his insights on Ethereum’s latest price action in a post on X. According to the expert, ETH successfully tapped into the $3,800 liquidity level, a move he had anticipated. This level acted as a key zone where buyers stepped in, providing the much-needed bounce for Ethereum after a short-term decline. Following this bounce, Ethereum managed to recover some ground. However, Ted pointed out that the asset is still struggling to reclaim the $4,060 support region. This level has now become a crucial barrier for ETH, and its inability to hold above it leaves the market in a vulnerable position. The analyst explained that if Ethereum successfully flips the $4,060 level back into support, the market could see a fresh rally develop. Such a move attracts renewed bullish momentum, fueling optimism for a stronger push higher in the near term. On the other hand, Ted cautioned that failing to reclaim this zone increases the risk of further downside. In such a case, Ethereum could see its price tumble back toward the $3,600 level, which stands as the next critical support area. Fakeout Or Freefall? Ethereum Bulls Cling To Their Last Hope According to Andrew Crypto, in a recent update posted on X, the technical outlook across the crypto market isn’t painting a bullish picture. Andrew highlighted that both BTC and ETH have broken down through key support levels, which increases the likelihood of further declines in the short term. Such breakdowns often suggest that buyers are losing strength, leaving room for sellers to dictate market direction. While acknowledging that the current setup may not be pleasant for traders, Andrew pointed out that this weakness could present a significant opportunity for long-term investors, offering attractive entry points before the next major market cycle takes shape. However, he also left room for cautious optimism. The only possible bullish scenario at this stage, Andrew explained, is if the current move proves to be a fakeout. In that case, a strong rebound could follow, flipping market sentiment back in favor of the bulls.

Cronos erases billions in weeks as the Trump-linked rally fizzles, raising fresh questions over demand and deal execution. Crypto.com’s token Cronos (CRO) slipped toward pre-announcement levels on Friday, giving up the bulk of gains made after last month’s partnership news with Trump Media & Technology Group (TMTG). Since peaking on Aug. 26, CRO has lost more than $6Bn in market value. The token was trading near $0.19 today, down about -17% for the week, and now sits in the mid-30s by market-cap ranking. (Source: Coingecko) CRO’s “Trump trade” has now come full circle. The $6.4 billion treasury plan was enough to trigger a sharp rally in late August, but the token has since given back most of those gains. Future demand looks tied less to headlines and more to what actually happens: whether treasury purchases materialize, how regulators respond, and if Cronos shows more activity on-chain. For now, CRO’s price is moving with broader market sentiment. Traders are watching two things in particular: updates on the SPAC listing and signs that treasury funds are being deployed. The pullback comes as crypto markets turn risk-off, with Bitcoin dropping under $110,000 and the Fear & Greed Index sliding into “fear” at around 29-32. BitcoinPriceMarket CapBTC$2.18T24h7d30d1yAll time TMTG pledged $105 million in CRO purchases, while Crypto.com agreed to buy $50 million worth of DJT stock. CRO jumped 25-30% on the headlines before momentum cooled. Uncertainty also lingers over regulatory steps. The SPAC structure still requires SEC approval, and no clear timeline has been given. That has left traders questioning execution. Crypto.com CEO Kris Marszalek did not address CRO’s price directly this week. Instead, he pointed to broader initiatives, saying on X that the exchange supports the CFTC’s new tokenized-collateral framework “including CRO.” CRO ▼-0.85% fell hard from its 2021 peak, then spent most of 2022–2023 going sideways. It broke out of a descending wedge, a pattern that often marks the end of heavy selling. Since then, it has made higher lows and steadily higher highs. The token recently ran to the $0.30 area and pulled back. That looks like a normal pause after a strong push. The bigger trend still points up. (Source: X) The analysis sets $0.8868 as the major long-term target, a level that aligns with resistance from earlier cycles. On the downside, support sits in the $0.16-$0.18 range, an area where buyers have previously stepped in to defend the price during pullbacks. Between these zones, CRO faces interim hurdles around $0.40-$0.50, a region that has historically acted as a supply zone and could test bullish momentum before any larger move higher. As long as CRO holds above the $0.16-$0.18 band, the bullish structure stays intact. Momentum tools still lean upward despite the dip. CronosPriceMarket CapCRO$3.25B24h7d30d1yAll time Exchange-linked and utility tokens are getting fresh attention as risk appetite stabilizes. Technical breakouts like CRO’s can attract volume and liquidity. That can fuel follow-through moves. The path won’t be smooth. Expect volatility around $0.40-$0.50. Failure to hold the $0.16-$0.18 area would weaken the setup. The chart favors upside while supports hold. If momentum builds and interim resistance gives way, CRO could work toward Mark’s $0.8868 target. If the key breaks, that view changes fast. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Did Trump Just Rekt Crypto.Com? Cronos Tumbles After Trump’s Midas Touch appeared first on 99Bitcoins.

The wave pattern on the 4-hour chart of EUR/USD has remained unchanged for several months, but in recent days it has started to look more complex. It is still too early to conclude that the upward trend segment has been canceled, but a more complicated wave structure in the near term is quite possible. The upward trend segment is still in progress, while the news backdrop continues to support, for the most part, not the dollar. The trade war initiated by Donald Trump continues. The standoff with the Fed persists. Market expectations of a dovish Fed stance are growing. Market assessments of Trump's first 6–7 months in office are rather low, even though GDP growth in the second quarter was close to 4%. At present, it can be assumed that the formation of impulse wave 5 is ongoing, with potential targets extending as far as the 1.25 level. The internal structure of this wave is fairly complex and ambiguous, but at the larger scale it raises few doubts. Three upward waves are visible, which suggests the pair has moved on to forming wave 4 within wave 5, taking the shape of a three-wave correction. A stronger decline in quotes would require adjustments to the current wave pattern. The EUR/USD exchange rate barely moved on Friday, and even the U.S. news backdrop did not affect market sentiment. It should be noted that the past week was extremely positive for the dollar. I have previously emphasized that ideally, wave patterns should not conflict with the news backdrop. Otherwise, one type of analysis will lead to misleading conclusions. Over the past week, the news flow has supported the U.S. currency, and at this point the dollar's strengthening has made the wave structure appear more complex. What alternative scenarios are possible? In my view, only one. The segment now marked as wave 4 is three-wave in nature. This means it is, in any case, a corrective wave at a higher scale. The next segment, identified as wave 5, should be a five-wave formation. However, it is currently impossible to identify five complete waves within it to declare it finished. Therefore, either the pair will resume its upward movement from current levels within wave 5 of 5, or the entire trend segment that began on July 1 will change its internal form. Let me remind you that wave structures can take almost any form, and wave analysis provides an interpretation for each of them. However, I do not like analyzing complex structures. Complex formations usually emerge from simple ones, which makes it much harder to set targets compared to the classic "five waves up, three waves down." Therefore, if the current wave pattern transforms into a more complicated one, it will be very unfavorable for traders. Unfortunately, the news flow has had a very negative impact on the wave picture in recent days. General Conclusions Based on the EUR/USD analysis, I conclude that the pair continues to build an upward trend segment. The wave structure still depends entirely on the news backdrop related to Trump's decisions, as well as the domestic and foreign policies of the new White House administration. The targets of the current trend segment may extend up to the 1.25 level. At present, the pair is declining within corrective wave 4, while the upward wave structure remains valid. Therefore, in the near term, I consider only buying opportunities. By year-end, I expect the euro to rise to 1.2245, which corresponds to 200.0% on the Fibonacci scale. At a smaller scale, the entire upward trend segment is visible. The wave pattern is not very standard, as the corrective waves differ in size. For example, senior wave 2 is smaller than internal wave 2 within wave 3. However, such cases do occur. I would note that it is best to identify clear structures on the chart, without the need to account for every minor wave. At present, the upward structure raises almost no questions. Key Principles of My Analysis: Wave structures should be simple and clear. Complex structures are difficult to trade and often bring changes.If there is no confidence in market developments, it is better to stay out.Absolute certainty in market direction never exists. Always 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

Most Read: GBP/USD Forecast: Technical Breakdown & Key Levels Amidst Dollar Strength The US Dollar has been enjoying a renaissance of sorts this week with gains largely down to US data not being bad at all. Looking at the data this week, the sales rate for US new homes spiked back to levels last seen in early 2022. The report on US economic growth (GDP) for the second quarter (Q2) was revised up significantly, showing the economy grew at a rate of 3.8% instead of the earlier estimate of 3.3%. A big reason for this improvement is that consumer spending (personal consumption) was much stronger, rising by 2.5% instead of 1.6% Perhaps even more important, the number of people newly filing for unemployment benefits (initial jobless claims) dropped for the second week in a row, falling from 232,000 to 218,000. This level is very low and much better than the average for the past year. This is a complete turnaround from two weeks ago, when claims had suddenly jumped to a high of 264,000, a number that now seems like a one-off mistake or "fluke." Finally, businesses unexpectedly bought more long-lasting goods (durable goods orders), rising by 2.9% in August. Add to that mixed messages from Federal Reserve policymakers and it has been an interesting week to say the least. A sign of the US Dollars sensitivity stems from changes by and large to US rate cut bets after each data release at the moment. This was evident by the uptick in US treasury yields this week. Market participants are seeing a less dovish picture as the data is released and reacting, even if the moves prove short-term in nature. There is a clear spike in volatility. US Dollar to Remain Sensitive to US Data Next week is another massive one with a host of high impact data releases. House prices have now dropped for four months straight because the number of homes for sale is rising while fewer buyers can afford them, and there is a growing probability that a fifth consecutive monthly drop will materialize next week, which will further hurt consumer confidence. Beyond housing, households are worried about tariffs driving up prices and reducing their spending, and they are becoming increasingly concerned about the job market; job creation has slowed dramatically, and recent re-evaluations suggest the slowdown started from a much weaker baseline than previously thought. While my prediction is a small but temporary bounce in job creation to 71,000 next week, this forecast is uncertain as the broader market expects another weak result. Even though inflation is still too high, the Federal Reserve (Fed) is committed to balancing both price stability and maximum employment, leading me to expect the central bank to cut interest rates by a quarter of a percent at both their October and December meetings unless we get a major surprise in the coming weeks. According to LSEG data, markets are pricing in around an 87% probability of a rate cut in October and 62% of a rate cut in December. The implied rates have however shifted from around 47 bps through December 2025 to the current pricing of around 39 bps. Source: LSEG (click to enlarge) Whether the Dollar is able to hold onto recent gains and build on them will largely depend on the data next week. Deteriorating confidence and a poor job number could weaken the US Dollar and send it down to recent lows. Conversely, a strong jobs number and improving sentiment could aid the USD and help it build on recent gains. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Technical Analysis - US Dollar Index (DXY) From a technical perspective, the US Dollar index on the weekly timeframe has printed a morningstar candlestick pattern which hints at further upside. Dropping down to the daily timeframe and we have had a convincing break of the long term descdening trendline that has been in play. Now obviously that does mean that we could get a pullback and retest of the trendline before moving higher. Today we have seen a pullback off resistance provided by the 100-day MA. The RSI period-14 has moved beyond the 50 level as well which is a sign of bullish momentum. There is a possibility that the USD could struggle in the early part of the week and retest the trendline ahead of the jobs data print on Friday before making its next decisive move. All in all a key week ahead for the greenback. US Dollar Index Daily Chart, September 26, 2025 Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Bitcoin (BTC) has entered a critical phase in its cycle, prompting analysts to debate whether the long-standing bull run is finally nearing its peak. With volatility tightening and historical cycle data indicating a potentially explosive breakout, market experts are closely watching the next few weeks for signals that reveal the market’s current position and future direction. Bitcoin Bull Run Cycle Nears Endgame Market analyst, ‘CRYPTOBIRD’ has warned that the Bitcoin bull run could end within 30 days. In a thread on X social media, he noted that this current cycle has now reached 1,038 days since the November 2022 bottom, which is equivalent to 97.5% of a standard cycle. Historically, the final 2.5% of Bitcoin’s bull runs have delivered the most dramatic price surges, often catching both retail and institutional investors off guard. Examining the cycle bottom-to-top chart, BTC’s current market structure aligns closely with that of past cycles, where it experienced its largest accelerations just before cycle completion. The black line representing the current 2022-2025 trajectory shows Bitcoin consolidating after strong gains, much like the 2016 and 2020 cycles before their peaks. From a technical standpoint, the expert notes that BTC is trading in an unusually tight 5% range between $110,500 and $116,000, signaling heavy compression. However, the cryptocurrency recently broke down again and is now sitting slightly above $109,600. CRYPTOBIRD highlights key levels: 200-week SMA at $53,111 acting as long-term macro support, the 50-week SMA near $99,000 as the bull market floor and the SPX correlation (-0.19). The analyst explained that short-term structures remain mixed, with High Time Frame (HTF) support at $111,296 still intact. However, compression has created conditions where any breakout could set the tone for the remainder of the year. Furthermore, the Current Trend Framework (CTF) is at $114,916, signaling bearish periods. Presently, price is gravitating toward the 200-day BPRO at $112,250, and if Bitcoin can hold above it, bulls could remain in control. Halving Math Signals Final BTC Breakdown Continuing his analysis, CRYPTOBIRD emphasized that Bitcoin is now 523 days post-halving, placing it firmly within the historical “peak window” of 518-580 days after each halving event. Every previous major cycle top has occurred in this exact range, suggesting Bitcoin is entering the statistical sweet spot for its final move. Adding to the setup is the market’s present volatility squeeze. Average True Range (ATR) has dropped to 2,250, its lowest reading of 2025, while 50-day volatility sits at 2,800. The analyst notes that such compressed volatility rarely lasts and typically precedes a violent breakout within two to four weeks. Institutions also appear to be positioning accordingly, with Bitcoin ETF flows showing distribution. Sentiment indicators add another layer, as the Fear and Greed index stands at 44, indicating rising fear rather than euphoria. Meanwhile, RSI is neutral at 46, suggesting that momentum has cooled but not collapsed. Despite September’s reputation as Bitcoin’s weakest month, CRYPTOBIRD notes that it gained 4.4% month-to-date, defying its historical 6.2% decline. This anomaly, combined with October, which is typically seen as a green month, could set the stage for a bullish Q4.

After three sessions of correction in US equities, the Dow Jones is attempting a comeback. The move comes in the shadow of what had been a heavily risk-on pre-FOMC environment, where expectations for rate cuts kept fueling a wave of optimism across markets. The Nasdaq even strung together 12 consecutive sessions higher, while the Dow itself had been pressing toward new all-time highs. Still, the mood has shifted: Equity Markets could be getting less optimistic regarding FOMC policy. Even positive GDP data has been largely disregarded, with investors instead focusing on the decreased pricing of cuts further out into 2026 and a labor market that—judging by yesterday’s Jobless Claims beat—remains far from fragile. With Jerome Powell expressing that the labor market would be more at the central picture in his Rhode Island speech on Tuesday, positive data would hence push out rate cuts further. Today's Core PCE release did send out further proof that inflation hikes would be more a temporary boost rather than a long-run change, reassuring the FED. With this backdrop, the question now is whether the Dow’s latest bounce can hold or if major support levels are next in line to be tested. Indeed, prices just reacted to a test of the upward trendline formed from the June lows but still aren't showing the utmost bullish price action. Explore this US 30 multi-timeframe analysis to spot what are the key technicals in play for upcoming trading. Read More: Silver reaches April 2011 levels: Is a new all-time high next?SPX 500: Three-day sell-off reached 20-day moving average, a tipping point for a bullish reversalTokyo Core CPI remains unchanged, US PCE Index ticks higher, yen stabilizesAn overlook on Individual Stocks US Equity heatmap – September 26, 2025 – Source: TradingView The current session is mixed but gives further momentum to Consumer Defensive and Durables sectors. Dow Jones multi-timeframe analysisDaily Chart Dow Jones Daily Chart , September 26, 2025 – Source: TradingView A 2% correction to the 45,840 lows has been met with some encouraging dip-buying, particularly where the price action currently stands. The 45,800 level is a key to monitor for ongoing price action, particularly as this level holds the Rising Wedge pattern into play. A typically bearish signal due to contracting bullish momentum (with the higher trendline converging), a break lower could be attracting some reversal. 4H Chart and levels Dow Jones 4H Chart , September 26, 2025 – Source: TradingView The rejection wick from Tuesday trading, notably marking new all-time highs, got met with some follow up profit-taking, taking the action back into the Rising Wedge pattern. Looking at the current course of action, buying flows are still pretty strong as price action managed to breach above the MA 50 again. Nonetheless, bulls will have to at least surpass 46,500 due to its psychological and technical tenure to relaunch a more positive price action. For bears, watch a break below the 46,000 Pivot (+/- 150 points) which would also coincide with a break of the upward trendline. Levels for Dow Jones trading: Resistance Levels Current All-time high: 46,7941.618 from April current resistance 46,400 to 46,830High of channel and 1.618% Fib of July move 47,000 to 47,160 (potential resistance)Support Levels 46,000 Key Momentum Pivot45,283 previous significant ATHKey Support/longer-run pivot 45,000Support 44,200 to 44,500Main Support (NFP Lows) 43,000 to 43,750 Safe Trades! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Thumzup Media’s $10 million stock buyback and its move into Dogecoin mining have stirred fresh interest in DOGE, but traders are watching price action closely for confirmation before calling a rally. Market Tests Key Trend Line Reports have disclosed that DOGE recently pulled back to a demand zone that matches the 200-day exponential moving average (EMA). That area is being watched as a make-or-break spot. A solid bounce from here could push Dogecoin toward $0.29 in the near term. If buyers push through the rising wedge pattern, a move to $0.40 is the next clear target. Some traders say a run to $1 is possible if momentum picks up sharply, though that would require sustained buying pressure over time. Thumzup’s Big Bet On Mining According to company statements, Thumzup bought DogeHash Technologies and expects the unit to own 3,500 mining rigs by year-end. The firm also holds 19 BTC and 7.5 million DOGE, the latter valued at about $1.7 million in recent reports. Donald Trump Jr. is listed as a majority shareholder of Thumzup. He is the son of US President Donald Trump, which has drawn extra public attention to the firm’s crypto moves. The buyback, set at $10 million, was described by executives as a sign they see value in the company’s shares. Institutional Demand And Treasury Moves Separate filings and disclosures show other firms are quietly building up Dogecoin stakes. Reports say CleanCore holds 600 million DOGE in a treasury program and plans to keep buying with an aim to reach 5% of the circulating supply. Treasury accumulation of that scale would remove a large chunk of coins from active trading, if the purchases continue. The launch of the REX-Osprey Dogecoin ETF has also been cited by market commentators as another source of growing institutional access to DOGE. Developers Push Protocol Upgrades Based on discussions in developer circles, there are proposals to add native verification of zero-knowledge (ZK) proofs to Dogecoin. That change would open the door for Layer-2 chains and apps that act more like smart contracts. Some of the proposals also include ways to introduce token burns tied to usage fees. If implemented, such changes could create new supply dynamics that would affect DOGE’s investment case. But these ideas are at the proposal stage and would take time to move from plan to live code. What Traders Should Watch Volume, ETF flows, and whether Thumzup expands mining as promised will be key indicators to follow. Technical levels around the 200-day EMA and the rising wedge boundaries will matter for anyone sizing up short-term risk. Institutional interest and actual protocol changes would be the bigger, slower forces that could reshape Dogecoin’s story over months rather than days. Featured image from Pexels, chart from TradingView

The USD/CAD pair has been attracting buyers for the fifth consecutive day amid contrasting forecasts from the Bank of Canada and the Federal Reserve. The pair continues its upward movement for the fifth day in a row, marking the seventh positive session over the past eight days. The Canadian dollar remains under pressure amid expectations of further rate cuts by the Bank of Canada. On Tuesday, Bank of Canada Governor Tiff Macklem stated that the central bank intends to support economic growth while keeping inflation under control. This undermines the Canadian dollar. The Bank of Canada's dovish stance contrasts sharply with the cautious comments from Federal Reserve Chair Jerome Powell. Last week, Powell noted that rate cuts are part of risk management measures but do not imply rapid reductions, as inflation risks remain tilted to the upside. Earlier this week, the Fed Chair also warned that overly aggressive monetary easing could leave the fight against inflation incomplete, requiring a policy shift. Optimistic U.S. macroeconomic data released on Thursday added to the uncertainty regarding the pace of Fed rate cuts, pushing the dollar to a three-week high and supporting USD/CAD. The third estimate of U.S. GDP showed annual growth of 3.8% in the second quarter, exceeding the previously reported 3.3% and marking a recovery after a 0.5% contraction in the first quarter. In addition, durable goods orders in August rose 2.9%, offsetting a revised 2.7% decline in July and beating market expectations of a 0.5% drop. Initial jobless claims for the week ending September 20 fell to 218,000, below the revised 232,000 from the previous week. The strong economic indicators highlight the resilience of the economy amid trade tariffs and moderate expectations of more aggressive Fed easing. Nevertheless, traders still price in the likelihood of further Fed rate cuts in October and December. This has led to profit-taking on the dollar ahead of the release of the key Personal Consumption Expenditures (PCE) price index, scheduled for the North American session on Friday. Additionally, Canada's monthly GDP report for July, expected to show 0.1% growth, may provide some momentum for the USD/CAD pair. From a technical perspective, daily chart oscillators remain positive, with the pair attempting to break through resistance at 1.3950 on the way to the key 1.4000 level, where the important 200-day simple moving average (SMA) lies. If a pullback occurs, it will likely be limited by the 1.3900 level, below which the next support is seen at yesterday's low of 1.3850. If this level fails to hold, prices could fall further toward the next support at 1.3850, heading to the 1.3800 level. The material has been provided by InstaForex Company - www.instaforex.com

Southern Copper (NYSE, LON: SCCO) said its long-delayed Tía María copper project in Peru will increase regional revenues of Arequipa, where the proposed mine is located, by 40% through royalties alone once production begins in 2027. Speaking at a mining convention the Andean country, Southern Copper Peru’s head of communications, Paul Lostaunau Ramos, said the project will create about 3,500 direct jobs during construction. The company, a subsidiary of Grupo México, raised the project’s budget this year to $1.8 billion, up from the previously planned $1.4 billion. “[Tía María] will generate significant or substantial resources for local and regional governments through mining royalties, which we estimate to be 40% more than what Arequipa currently receives,” Lostaunau said. Arequipa governor Rohel Sánchez noted he expected construction to begin in October. Early work will include road and rail improvements, a temporary camp, and mine site preparation. Once in production, Tía María is expected to produce 120,000 tonnes of copper annually, create 764 permanent jobs, and generate an additional 4,800 indirect jobs. Located in the Islay province of Peru’s Arequipa region, Tía María has faced years of delays due to local opposition over environmental concerns. Protests between 2011 and 2015 left six people dead and forced the project’s suspension. The Peruvian government approved the mine in 2019, contingent on social stability, and Southern Copper resumed development in 2024. Peru is the world’s third-largest copper producer and Southern Copper Peru is the country’s second-biggest, generating 414,000 tonnes in 2024.

Trade review and recommendations for trading the Japanese yen The levels I marked were not tested in the first half of the day. Today, in addition to data on the Personal Consumption Expenditures (PCE) index, changes in household spending, and household income in the U.S., attention should also be paid to the University of Michigan Consumer Sentiment Index and inflation expectations. Strong figures will lead to another strengthening of the dollar against the Japanese yen. The consumer sentiment index, as a barometer of Americans' confidence, plays a key role in shaping market forecasts. Positive readings, reflecting optimism about the future, stimulate consumer spending and thereby support economic growth. Inflation expectations, in turn, shape perceptions of future price changes. Rising expectations may encourage consumers to accelerate purchases, fearing further price increases, which fuels inflation and could force the Federal Reserve into a more cautious stance, leading to another wave of U.S. dollar growth against the yen. 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 149.97 (green line on the chart) with a target at 150.42 (thicker green line on the chart). Around 150.42, I will exit purchases and open sales in the opposite direction (expecting a 30–35 point move back from that level). A rise in the pair can be expected as part of the ongoing bullish market. 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 if there are two consecutive tests of 149.56, at a time when the MACD indicator is in oversold territory. This will limit the downward potential of the pair and lead to a reversal upward. Growth can then be expected toward the opposite levels of 149.97 and 150.42. Sell Signal Scenario #1: I plan to sell USD/JPY today after the price breaks below 149.56 (red line on the chart), which will quickly push the pair lower. The key target for sellers will be 149.18, where I will exit sales and immediately open purchases in the opposite direction (expecting a 20–25 point move back from that level). Pressure on the pair may return if news of slowing U.S. inflation emerges. 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 if there are two consecutive tests of 149.97, at a time when the MACD indicator is in overbought territory. This will limit the upward potential of the pair and lead to a reversal downward. A decline can then be expected toward the opposite levels of 149.56 and 149.18. Chart Details: Thin green line – entry price for buying the instrument;Thick green line – projected level for placing Take Profit orders or manually fixing profit, as further growth above this level is unlikely;Thin red line – entry price for selling the instrument;Thick red line – projected level for placing Take Profit orders or manually fixing profit, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding on market entry. 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 place stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember, for successful trading it is essential to have a clear trading plan, like the one I presented above. Spontaneous trading decisions based solely on the current market situation are from the outset a losing strategy for intraday traders. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and recommendations for trading the British pound The test of 1.3350 coincided with a moment when the MACD indicator had already moved significantly below the zero line, which limited the downward potential of the pair. For this reason, I did not sell the pound and stayed out of trades. In the second half of the day, markets will be primarily driven by U.S. data on the core Personal Consumption Expenditures (PCE) index and changes in household spending. These indicators are key measures of inflationary pressure and consumer demand, making them critically important for assessing the current state of the U.S. economy. Increased attention to the PCE index is due to the fact that the Fed uses it as the main indicator of inflation. If the actual PCE reading exceeds expectations, this may indicate persistent inflation, which could push the Fed toward a more restrictive policy. Changes in household spending, in turn, reflect the state of consumer demand, which is one of the main drivers of U.S. economic growth. Rising household spending signals consumer confidence in the future and their willingness to spend, which benefits the economy. However, too rapid a rise in spending may also contribute to stronger inflationary pressure. Together, the PCE index and household spending data will provide important insights for assessing the trajectory of the U.S. economy and the Fed's future monetary policy. Strong data will support dollar growth against the British pound. As for intraday strategy, I will rely more on implementing scenarios #1 and #2. Buy Signal Scenario #1: I plan to buy the pound today at the entry point near 1.3464 (green line on the chart) with a target at 1.3494 (thicker green line on the chart). Around 1.3494, I will exit purchases and open sales in the opposite direction (expecting a 30–35 point move back from that level). A strong rise in the pound can be expected after weak U.S. data. 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 the pound today if there are two consecutive tests of 1.3441, at a time when the MACD indicator is in oversold territory. This will limit the downward potential of the pair and lead to a reversal upward. Growth can then be expected toward the opposite levels of 1.3464 and 1.3494. Sell Signal Scenario #1: I plan to sell the pound today after the price breaks below 1.3441 (red line on the chart), which will quickly push the pair lower. The key target for sellers will be 1.3407, where I will exit sales and immediately open purchases in the opposite direction (expecting a 20–25 point move back from that level). The pound may fall in the second half of the day if the U.S. data is strong. 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 the pound today if there are two consecutive tests of 1.3464, at a time when the MACD indicator is in overbought territory. This will limit the upward potential of the pair and lead to a reversal downward. A decline can then be expected toward the opposite levels of 1.3441 and 1.3407. Chart Details: Thin green line – entry price for buying the instrument;Thick green line – projected level for placing Take Profit orders or manually fixing profit, as further growth above this level is unlikely;Thin red line – entry price for selling the instrument;Thick red line – projected level for placing Take Profit orders or manually fixing profit, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding on market entry. 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 place stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember, for successful trading it is essential to have a clear trading plan, like the one I presented above. Spontaneous trading decisions based solely on the current market situation are from the outset a losing strategy for intraday traders. The material has been provided by InstaForex Company - www.instaforex.com

Omai Gold Mines (TSXV: OMG) stock hit a new all-time high Friday after the company said new drilling at its namesake project in Guyana produced multiple high-grade intercepts. Hole 25ODD-125 in the Wenot deposit cut 9.5 metres grading 6.84 grams gold per tonne from 470 metres depth, Toronto-based Omai Gold said Wednesday in a statement. Another hole, 25ODD-127, intersected 37.5 metres at 1.52 grams gold from 431 metres downhole and 25.8 metres at 3.08 grams from 517 metres depth. The new assays, which follow a resource update released last month, will be included in an updated preliminary economic assessment (PEA) that the company expects to release early next year. Crews have drilled 43 holes so far this year, covering 23,500 metres. The miner’s latest results “continue to build on the ongoing and highly successful 2025 drill campaign,” Ben Pirie, a mining analyst at Atrium Research in Toronto, said in a note this week. “With the updated mineral resource estimate greatly surpassing our expectations, we are highly excited for the upcoming PEA.” Shares of the miner soared as much as 9% to a record C$1.33 Friday morning in Toronto, taking their five-day gain to about 18%. That boosted the Toronto-based company’s market value to about C$835 million. Other drilling highlights released this week included hole 25ODD-126, which cut 18 metres of 2.08 grams from 434 metres downhole and 39.5 metres of 1.31 grams gold from 488 metres depth. Hole 25ODD-117 cut 7.5 metres of 1.98 grams gold from about 466 metres depth. Second largest Omai, which consists of the Wenot and Gilt Creek deposits, now ranks as Guyana’s second-largest undeveloped gold project by contained ounces, according to the resource update. Contained gold in the indicated category for Omai now stands at 2.12 million oz. grading 2.07 grams gold per tonne in 31.9 million tonnes, the company said Aug. 26. Contained gold in the inferred category almost doubled from the previous resource to 4.38 million oz. at 1.95 grams gold inside 69.6 million tonnes. Wenot’s contained indicated portion rose 16% to 970,000 oz. in 20.7 million tonnes over a previous update from last year, while the inferred portion more than doubled to 3.71 million oz. in 63.4 million tonnes. Crews have recently begun drilling in the Camp zone, which is located about 500 metres west of Wenot, to assess the potential for new near-surface satellite deposits, Omai Gold also said Wednesday. Five holes have been completed and assays are pending, CEO Elaine Ellingham said in the release.

Trade review and recommendations for trading the European currency The test of 1.1669 coincided with a moment when the MACD indicator had already moved significantly below the zero line, which limited the downward potential of the pair. For this reason, I did not sell the euro. I also did not see any other entry points. In the afternoon, important U.S. data is expected: the core Personal Consumption Expenditures (PCE) index, along with consumer spending and income figures. These indicators serve as key signals reflecting inflationary pressure and consumer sentiment dynamics, making them crucial for analyzing the current state of the U.S. economy and anticipating future Federal Reserve decisions. Special attention to the PCE index is due to the fact that the Fed uses it as its primary inflation gauge. If the actual PCE reading exceeds forecasts, this may indicate persistent inflation, which could force the Fed to slow down its rate cuts. This would provide a good reason to buy the U.S. dollar against the euro later this week. If the figure matches economists' forecasts, it is unlikely to trigger significant market moves. As for intraday strategy, I will rely more on implementing scenarios #1 and #2. Buy Signal Scenario #1: Buy the euro today if the price reaches around 1.1689 (green line on the chart) with a target at 1.1729. At 1.1729, I plan to exit the market and also sell the euro in the opposite direction, aiming for a 30–35 point move from the entry level. A rise in the euro is more likely after weak U.S. data. 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 the euro today if there are two consecutive tests of 1.1669, at a time when the MACD indicator is in oversold territory. This will limit the downward potential of the pair and lead to a reversal upward. Growth can then be expected toward the opposite levels of 1.1689 and 1.1729. Sell Signal Scenario #1: I plan to sell the euro after it reaches 1.1669 (red line on the chart). The target will be 1.1635, where I will exit the market and immediately buy in the opposite direction (expecting a 20–25 point move back from that level). Pressure on the pair will return today if the U.S. data is strong. 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 the euro today if there are two consecutive tests of 1.1689, at a time when the MACD indicator is in overbought territory. This will limit the upward potential of the pair and lead to a reversal downward. A decline can then be expected toward the opposite levels of 1.1669 and 1.1635. Chart Details: Thin green line – entry price for buying the instrument;Thick green line – projected level for placing Take Profit orders or manually fixing profit, as further growth above this level is unlikely;Thin red line – entry price for selling the instrument;Thick red line – projected level for placing Take Profit orders or manually fixing profit, as further decline below this level is unlikely;MACD indicator – when entering the market, it is important to follow overbought and oversold zones.Important: Beginner traders in the Forex market must make entry decisions very carefully. Before major fundamental reports are released, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always place stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. And remember, for successful trading it is essential to have a clear trading plan, like the one I presented above. Spontaneous trading decisions based solely on the current market situation are a losing strategy for intraday traders from the outset. The material has been provided by InstaForex Company - www.instaforex.com

Aya Gold & Silver (TSX: AYA) has shot down a short-seller report alleging that the company had overstated the resource and value of its only producing asset. Shares of Aya bounced back after an initial onslaught. A report by activist short-seller Blue Orca Capital on Thursday claimed that the company had significantly inflated the resource estimate of its Zgounder mine in Morocco to cover up issues such as plummeting grades and underwhelming production. The Canadian miner later responded with a press release, stating that it “strongly refutes” those allegations, and the report “contains numerous inaccuracies and mischaracterizations, including about Aya’s current management team, operations and resource base.” It adds that Blue Orca’s claims were made “intentionally” to tank the company’s share price and make profits. Aya’s stock plunged by as much as 22% to a one-month low following the short-seller report. By Friday morning, it had recovered most of its losses, trading at C$14.35 apiece with a market capitalization of C$2 billion. ‘Fabricated’ ounces At the heart of Blue Orca’s claims was the veracity of the 100-million-ounce silver resource at Zgounder reported by Aya. According to the short-seller, Aya’s management had “fabricated” as much as half of those resources in a 2021 update despite a lack of significant discoveries, and its report alleged that the company inflated those numbers by “manipulating” the calculation model to meet its previously stated resource growth target. In addition, Blue Orca said there are deeper issues plaguing the Zgounder mine, highlighting its collapsing silver grades, surging cash costs, and low production compared to mine plan despite a favorable market environment. In Friday’s release, Aya affirmed its resource estimate was supported by extensive drilling and independent verification. It also denies the reported production challenges, noting that the mine has produced over 10 million oz. since 2020, which it says is consistent with the published resource. “The allegations made against Aya are categorically false. Zgounder’s mined ounces reconcile as expected, our mining methods and operating practices continue to improve, and we are finalizing an updated technical report that will integrate both open-pit and underground operations,” CEO Benoit La Salle stated. Aya also denies the short-seller’s claims of the company dealing with “anemic” cash flow issues. In its report, Blue Orca pointed to Aya’s promised $120 million cash flows when silver was trading at $22 an ounce, but reported a loss in the 2024 financial year despite silver prices having doubled since then. The company responded by stating that it has “a robust balance sheet” with approximately $115 million in cash and generates operating cash flow from Zgounder. Analysts positive While Blue Orca considers Aya to be a “penny stock”, many analysts disagree. On the same day of its report’s release, those at CIBC raised Aya’s stock price target from C$22.00 to C$23.00 — representing a potential 80% upside. Earlier this week, Cormark also lifted its target price from C$12.50 to C$17.50. Aya’s Zgounder mine is considered the second most important silver producer in Morocco. Since pouring first silver over a decade ago and entering commercial production in 2019, it has undergone significant expansions to lift its annual production to 6.8 million oz. The mine is currently coming off a record quarterly production in Q2 2025. Blue Orca’s previous short report was on Texas-based healthcare provider Nutex Health (NASDAQ: NUTX) in late July. That stock initially fell but has since gained by about 4%.

Fireweed Metals’ (TSXV: FWZ) shares jumped to an all-time high this week on drill results at its Macpass project in Yukon that extended a zone of high-grade zinc mineralization in massive sulphides in a 115-metre step-out hole. Highlight hole TS25-001D1 in the Tom deposit cut 54.8 metres grading 18.2% zinc, 13.9% lead and 161 grams silver per tonne from 892 metres depth, including 40.4 metres at 22.4% zinc, 17.7% lead and 208.2 grams silver, the company reported on Tuesday. Another interval in that hole cut 12.8 metres grading 24.9% zinc, 32% lead and 371 grams silver. “It’s only one hole, but the most recent result from Tom South provides a high-grade target that could represent a feeder zone to the system,” Haywood Capital Markets analyst Pierre Vaillancourt said in a note on Friday. “This mineralization is…characterized by higher lead and zinc grades along with chalcopyrite, and is open up dip and down dip.” Company shares surged 6.6% to C$3.06 apiece on Thursday before rising to C$3.07 each on Friday morning in Toronto, for a market capitalization of C$642.6 million. The Tom results come from a six-rig drill program this year at Macpass, which is one the largest undeveloped zinc deposits in Canada, according to its resource update from last year. Fireweed’s adjacent Mactung project itself ranks as the world’s largest high-grade undeveloped tungsten project. Both projects are in eastern Yukon near and on the border with the Northwest Territories. ‘Historically significant’ “The impressive width and grade of the intersection at Tom South demonstrates that the zone thickens and remains open down-dip, positioning this hole amongst the most significant in the project’s history,” Fireweed President and CEO Ian Gibbs said in a release. “Continued success in intersecting massive sulphide mineralization in wide step-outs reinforces Tom’s potential for substantial high-grade resource growth, a major value driver at Macpass, and underscores the massive exploration potential across the district.” The step-out intersection at Tom South extends beyond the limits of the resource outlined in last September’s estimate, and shows that the zone has significant thickness and high-grades towards the down-dip, Fireweed said. Meanwhile, drilling in laminated sulphide mineralization at Tom West returned such highlights as 87.5 metres grading 5.5% zinc, 0.21% lead and 1.6 grams silver from 246 metres depth in hole TS25-002D1, including 19.5 metres at 8.85% zinc, 0.27% lead, and 1.8 gram silver. Macpass hosts 56 million indicated tonnes grading 5.49% zinc, 1.58% lead and 24.2 grams silver per tonne, for 6.7 billion lb. zinc, 1.9 billion lb. lead and 43.5 million oz. silver. Inferred resources come to about 48.5 million tonnes at 5.15% zinc, 2.08% lead and 25.3 grams silver, for 5.5 billion lb. zinc, 2.2 billion lb. lead and 39.4 oz. silver. Macpass has an estimated after-tax net present value (at an 8% discount) of C$448 million at capital costs of C$404 million and an 18-year mine life, according to a preliminary economic assessment from 2018.