Redator

Shares in Lithium Americas (TSX, NYSE: LAC) almost doubled their price on Wednesday, jumping more than 95% mid-afternoon in New York on reports that the US government may seek a stake in the Canadian miner. The company confirmed it is in discussions with the US Department of Energy and its partner in the Thacker Pass lithium project in Nevada, General Motors (NYSE: GM), about conditions for the first draw of a $2.3 billion loan, which will help finance construction at its site. Reuters reported late on Tuesday the Trump administration was weighing a potential equity stake of as much as 10% in exchange for adjusting the terms of the record loan, finalized in 2024. Thacker Pass, approved in the final days of Donald Trump’s first presidency, is home to North America’s largest known lithium deposit. Phase 1 is expected to produce 40,000 tonnes of battery-quality lithium carbonate annually, which is enough for about 800,000 electric vehicles, with completion targeted for late 2027. Full production is slated for 2028, positioning the site as the Western Hemisphere’s biggest lithium source. The mine’s output will far surpass that of larger peer Albemarle’s (NYSE: ALB) Silver Peak in Nevada, which yields about 5,000 tonnes of lithium carbonate a year. The project is critical to General Motors, which owns a 38% stake and gained 2.5% in early trading in New York. Lithium Americas said Energy Department funding will cover most of the cost of a processing plant next to the mine. Thacker Pass in Nevada. (Image: Lithium Americas) The loan review comes after Greg Beard, senior advisor in the Loan Programs Office, warned that Thacker Pass could struggle to compete with cheaper Chinese lithium, the Washington Free Beacon reported. Trump officials have also explored taking stakes in MP Materials (NYSE: MP) and Intel as part of efforts to strengthen domestic manufacturing and reduce reliance on foreign supply chains. Lithium Americas stock was last trading at $6.04, or 97% higher than Tuesday’s close, giving the company a market value of $1.45 billion.

Key takeaways Bullish momentum intact above 24,535 key support despite recent profit-taking in mega-cap tech stocks.AI-driven optimism continues to fuel upside, supported by massive investments from Nvidia and Oracle into OpenAI.Positive market breadth as more Nasdaq 100 stocks are trading above 20- and 50-day moving averages.Next resistance zones at 24,890, 25,010/25,100, and 25,160/25,270. The price actions of the US Nasdaq 100 CFD Index (a proxy of the Nasdaq 100 futures) have continued to soar and have printed three consecutive fresh all-time high closing highs since 18 September 2025. The recent bout of risk-on behaviour has been attributed to the AI-driven productivity narrative embraced on Wall Street. AI juggernaut Nvidia has announced $100 billion worth of investments into OpenAI to support new data centres and other artificial intelligence infrastructure. Interestingly, this latest significant AI-related deal came after Oracle surprised Wall Street last week with a whopping $300 billion deal with OpenAI. On Wednesday, 23 September 2025, the major US stock indices pulled back as profit-taking emerged in mega-cap technology names. The Nasdaq 100 led the decline, slipping -0.7%, while the S&P 500 lost -0.5%. The Dow Jones Industrial Average and small-cap Russell 2000 fared relatively better, each easing -0.2%. Is this the start of a deeper, multi-week corrective decline for the US Nasdaq 100 CFD Index? Let’s break it down accordingly to its latest technical analysis elements, short-term trajectory (1 to 3 days), and relevant short-term key levels to watch. Fig. 1: US Nasdaq 100 CFD Index minor trend as of 24 Sep 2025 (Source: TradingView) Fig. 2: Market breadth of Nasdaq 100 (% of stocks above 20-day/50-day MA) & relative performance of equal-weighted S&P 500 Consumer Discretionary sector ETF against equal-weighted S&P 500 Consumer Staples sector ETF as of 23 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) The short-term minor uptrend phase of the US Nasdaq 100 CFD Index remains intact from the 2 September 2025 low of 22,979. Bullish bias above 24,535 short-term pivotal support for the next intermediate resistances to come in at 24,890, 25,010/25,100, and 25,160/25,270 (Fibonacci extension cluster) (see Fig. 1). Key elements The price actions of the US Nasdaq 100 CFD Index have continued to trade above its 20-day and 50-day moving averages. These observations support a short-term and medium-term uptrend phase for the US Nasdaq 100 CFD Index (see Fig.1).The lower boundary of the minor ascending channel of the US Nasdaq 100 CFD Index confluences closely with the 24,535 short-term pivotal support (see Fig.1).The hourly RSI momentum indicator has just exited from its oversold region (below the 30 level), which indicates that yesterday’s bearish momentum has eased (see Fig.1).Market breadth remains positive in the Nasdaq 100 as the percentage of Nasdaq 100 component stocks trading above their respective 20-day and 50-day moving averages has increased steadily from 2 September 2025 to 23 September 2025 (% of stocks above 20-day moving averages jumped from 37% to 52%, and % of stocks above 50-day moving averages increased from 41% to 50% (see Fig.2).The higher beta equal-weighted S&P 500 Consumer Discretionary sector ETF has continued to outperform the defensive-oriented equal-weighted S&P 500 Consumer Staples sector ETF. This observation supports a bullish reversal scenario in the US Nasdaq 100 CFD Index (see Fig.2).Alternative trend bias (1 to 3 days) Failure to hold at the 24,535 key short-term support on the US Nasdaq100 CFD Index jeopardises its short-term minor uptrend phase to open scope for a deeper minor corrective decline sequence towards the next intermediate supports at 24,305 and 24,140/24,050 (also the rising 20-day moving average) (see Fig. 1). 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.

Gold hits new record highs above $3,780 per ounce, up 43% YTD.Fed policy is not the only driver; ETF inflows are the key catalyst.SPDR Gold Shares absorbed 19 tons in a single day, boosting demand.Silver rallies above $44, eyeing its 2011 peak near $50. Short Pause, Strong Rebound The pause in gold’s rally after last week’s Fed meeting proved exceptionally brief. Prices surged in recent days, breaking above $3,780 per ounce, with today’s trading consolidating between $3,760 and $3,780. Since the start of the year, gold has gained an impressive 43%. While official commentary signals expectations for further Fed rate cuts, Fed Funds Futures remain stable, still pricing in less than 50 basis points of easing by year-end, in line with FOMC projections. ETF Inflows as a Key Driver This suggests that gold’s rally is not driven solely by monetary policy. The crucial factor lies in massive inflows into gold-backed ETFs. On Friday, Bloomberg reported inflows of nearly 27 tons — the strongest daily increase since January 2022 — with 19 tons going into the largest U.S. gold ETF, SPDR Gold Shares. Earlier this week, another 8.7 tons were added, bringing September’s total inflows to 88 tons. Strong institutional and retail demand is fueling the rally alongside concerns about Fed independence and rising geopolitical risks. Overbought Market, Risk of Correction With gold reaching new all-time highs, the market has entered overbought territory. This increases the likelihood of some speculative investors taking profits, potentially triggering a short-term correction. The pace of the current rally appears unsustainable in the long run. Gold CFD chart, daily interval, source: Trading view Silver Follows the Trend Silver has also surged, rising above $44 per ounce to its highest level in 14 years. The gold-to-silver ratio temporarily fell below 85, its lowest in 2025. As long as gold remains in a strong uptrend, silver has room for further gains, with the historical resistance near $50 from April 2011 being a critical reference point. 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.

Angola’s state diamond company Endiama has formally submitted a bid for a minority stake in De Beers, intensifying the scramble for influence over the world’s largest diamond producer as parent company Anglo American (LON: AAL) prepares to sell. The mineral resources ministry confirmed Wednesday that Endiama lodged a “fully financed offer.” Minister Diamantino Pedro Azevedo said the proposal aims to build a pan-African ownership model that prevents any single country from dominating De Beers while safeguarding its independence and competitiveness. “Our bid is designed to foster a partnership in which Botswana, Namibia, South Africa and Angola all participate meaningfully — ensuring that no single party dominates and that the company can grow as a truly international commercial entity,” Azevedo said in a statement. The move comes the same week that Botswana, already a 15% shareholder, said it wanted a controlling stake in De Beers. Angola is pushing instead for a shared structure, with Botswana, Namibia, South Africa and Angola holding meaningful positions. Angola is Africa’s leading diamond producer by value, with output last year surpassing Botswana’s production for the first time in two decades, according to the latest report by the Kimberley Process, an international certification program. Geopolitical contest De Beers and Angola have been partners since 2022, when they signed exploration agreements later expanded to cover processing. Their collaboration yielded the first significant kimberlite discovery in the country in more than 30 years, announced last month. De Beers chief executive Al Cook at the time called Angola “one of the best places on the planet to look for diamonds.” Angola’s bid raises the stakes in what has become a geopolitical contest for De Beers, as diamond-producing governments in southern Africa seek greater influence just as the industry faces significant challenges, including competition from lab-grown stones. De Beers has also drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian firms KGK Group and Kapu Gems, and Qatari funds.

Tether is looking to raise $20 billion from investors, which could push its valuation close to $500 billion, ultimately putting it in the same league as tech giants like OpenAI and SpaceX. According to a Bloomberg article published on 23 September 2025, Tether aims to sell around 3% of its stake through private deals, targeting between $15 billion and $20 billion. The deal entails fresh funding from new shares and not from existing investors cashing out. Cantor Fitzgerald, a major financial services firm based in New York City, is leading the advisory work. If successful, this deal would mark a huge milestone for Tether. Shedding light on this new development, Tether’s CEO, Paolo Ardoino, shared on X that the company was in talks with a select group of “high-profile key investors.” The move comes as US policy shifts in favour of stablecoins, with the GENIUS Act potentially opening the door for banks and tech firms to issue their own tokens. Tether’s past with US regulators hasn’t been smooth. It paid a $41 million fine in 2021 over reserve disclosures and mostly kept its distance from the US until now. However, now under US President Donald Trump’s pro-crypto regime, the rules of the game have changed. Meanwhile, Tether is expected to buy more US treasuries in the future, with Treasury Secretary Scott Bessant suggesting that stablecoin issuers could play a major role in helping fund US government spending by absorbing large amounts of debt. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Key Takeaways Tether is eyeing a $500 billion valuation by raising $20 billion from investors Tether has shared internal data with investors interested in the latest funding round The deal involves new share issuance, with Cantor Fitzgerald leading the advisory, and no existing investors selling their stakes The post Tether Chases A $500B Valuation With Latest Capital Raise appeared first on 99Bitcoins.

In just the last 12 months, crypto millionaires have exploded in number, surging by 40% to a record 241,700 globally. Visibly, high-net-worth investors are increasingly favouring cryptocurrency and gold over traditional assets. The Crypto Wealth Report 2025 from Henley & Partners, published on 23 September 2025, reveals a meteoric rise in not only crypto millionaires but also crypto billionaires. Institutional adoption is at an all-time high. Crypto billionaires surged by 29, to 36 globally. Cryptocurrencies are even being launched by the sitting US President and the First Lady! “At the apex of the crypto wealth pyramid, the number of ultra-wealthy individuals is rising sharply,” the report said. 450 centi-millionaires now control crypto portfolios worth $100 million or more, up 38% since last year. (Source: Henley & Partners) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Why are the wealthy flocking to crypto and gold? DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Key Takeaways Henley & Partners reports that global crypto millionaires surged 40% YoY to 241,700. Top destinations for crypto investment migration include Singapore (for innovation and regulatory strength), Hong Kong (economic clout and tax perks), the USA (public adoption and technology), Switzerland (custody and stability), and the UAE (zero taxes on crypto trading and mining). The post 40% Increase In Crypto Millionaires In 12 Months: Report Finds World’s Wealthy Prefer Crypto And Gold appeared first on 99Bitcoins.

Today, the majority of crypto news is being dominated by BTC and ETH, which continue to flash red against USD as September lives up to its brutal reputation. BTC is currently trading near $112,000, slipping 1.4% on the day, while ETH USD holds just under $4,200, barely avoiding a deeper flush. The broader slump has dragged the total crypto market cap below $4 trillion, down between 1% and 4% in the past 24 hours alone. This dip is a structural unwind. (source – Crypto Market Cap, CoinGecko) According to CoinGlass, liquidations have hit a staggering $1.6 billion, wiping out a lot of traders. While trading volume still ranges between $164 billion and $190 billion, desperate repositioning. This pattern is usually a sign of a downtrend that is far from over. (source – Liquidation, Coinglass) DISCOVER: 9+ Best Memecoin to Buy in 2025 BTC USD and ETH USD: More Pain Before the Pivot? BTC USD is testing key support levels. The 1% 24-hour drop (and nearly 4% weekly decline) is backed by a sharp decrease in open interest—over $1.5 billion in longs wiped out. This heavy selling pressure is consistent with macro jitters, especially the Fed’s hawkish stance on maintaining interest rates at 4.00%. If this pressure holds, expect BTC ▼-0.80% to fall to $107,000 before finding meaningful support. BitcoinPriceMarket CapBTC$2.23T24h7d30d1yAll time ETH is faring worse in percentage terms, down by almost 10% weekly against USD. DeFi is bleeding. Data from DefiLlama shows TVL dipping 1.73% to $88 billion, with protocols like Pendle falling over 4%. (source – ETH TVL, Defillama) This signals a price weakness and collapsing onchain liquidity. Given ETF outflows and scheduled token unlocks, ETH ▼-3.38% could revisit $3,900 levels before the next catalyst, Fusaka upgrades. EthereumPriceMarket CapETH$485.90B24h7d30d1yAll time Meanwhile, XRP ▼-1.04% is holding above $2.88, a 5% drop weekly after it stood strong above $3. SOL ▼-2.81% has plunged 11%, and most altcoins are following suit. Interestingly, BNB ▼-3.13% is up 6%blasting ath(all-time high) after ath. It shows how strong Binance and CZ influence are in the crypto space. DISCOVER: 10+ Next Crypto to 100X In 2025 Crypto News Sentiment: Fear and Historic Patterns Right now, the space is firmly in “fear” territory on sentiment indices. Historical averages show that BTC USD typically dropped around 4.5% in September, and this year is playing out on cue. ETH and BTC are trading at cycle lows not seen since 2021. Capitulation might be far from complete. (source – Crypto Fear and Greed) However, there are signs of quiet accumulation. Institutional flows into BTC ETFs totaled $222 million last week. Plus, Friday’s $23 billion options expiry could trigger whiplash volatility. If history holds, October could bring a sharp rebound. Uptober is just a week away. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 20 hours ago Solana Bulls in Despair: OI Drops as SOL USD Tumbles – Will SOL Recover? By Akiyama Felix SOL USD has tumbled a further 3.5% overnight, following a seven-day stretch that has seen Solana fall by 10%. SOL is now trading for $211 and has been losing ground rapidly due to the strength of the BNB Smart Chain (BSC) ecosystem. Utility tokens on BSC, such as ASTER, STBL, and APX, have been performing well, while the Solana memecoin ecosystem has been struggling. The run from $160 to $250 for SOL through August and September was primarily driven by the strength of PUMP PUMP ▲0.00%, which itself increased by over 300% within the past two months. However, a retracement on PUMP, coupled with a crash throughout its memecoin ecosystem, has caused SOL USD to slip close to $200 once more. SolanaPriceMarket CapSOL$120.90B24h7d30d1yAll time Read the full story here. 22 hours ago Europe’s Crypto Head Hunters Bring Down $100M Crypto Scam Operation in 23 Countries By Akiyama Felix A pan-European crypto scam worth over €100M ($118M) has been broken up, according to Eurojust. Fraudsters lured investors through subtle, nefarious platforms, rerouted their money to Lithuanian accounts, and vanished once withdrawals were requested. “The alleged mastermind is suspected of large-scale fraud and money laundering,” Eurojust said in its Sept. 22 announcement. My plan at the start of 2025 was to flee to Central Europe, what could go wrong? Apparently, this is one of the many things that could go wrong. The fraud had been active since at least 2018 and had spread to Germany, France, Italy, Spain, and beyond. Read the full story here. 24 hours ago FLUID Crypto +60% on Upbit Listing: Is Fluid The Best Crypto to Buy Now? By Akiyama Felix Fluid crypto exploded with a 63% pump in 24 hours of its Upbit debut, as expected, as the exchange draws intense attention from Korean markets. The Fluid Upbit listing catapulted trading volumes to more than $100 million just today. With the market growing in the DeFi space and the Fluid token price hovering around $8, people are calling it the best crypto to buy now, with the momentum in the early phase. (source – CoinGecko) Post-listing, Fluid saw open interest rise sharply. Coinglass data showed significant inflows matching historical patterns of other successful crypto listings. Fluid Upbit pairs (KRW, USDT, and BTC) are those with the most active pairs within hours, which catalyzes the current pump. According to DefiLlama, its total value locked (TVL) recently broke $1.5 billion, climbing steadily over the past few months. (source – Defillama) Some compare Fluid to earlier-stage DeFi giants like Aave, pointing to stronger LTV ratios and a more efficient capital use model. Add to that a governance token with real utility and staking mechanics, and it comes with something more than just a hype, speculative pump. People even mentioned nearly $10 million in revenue-sharing and buybacks, a perfect metric for long-term plays. (source – TradingView) DISCOVER: 9+ Best Memecoin to Buy in 2025 Read the full story here. 1 day ago Trump Crypto Projects Plummet: New Presale to Buy For Real Gains? By Akiyama Felix The quest for a new presale to buy is gaining urgency as Trump-linked crypto projects like WLFI, Melania, and TRUMP face sell-offs. These tokens once promised politically backed breakthroughs; now they’re bleeding under pressure, and investor FUD is rampant. Are any of them salvageable, or is the real upside hidden in fresh launches elsewhere? WLFIPriceWLFI24h7d30d1yAll time Read the full story here. The post Latest Crypto Market News Today, September 24: Downtrend Not Done, The Dip Keeps on Dipping, Total Market Cap Below $4T as BTC, XRP, ETH Slump VS USD appeared first on 99Bitcoins.

Overview: After rallying in the second half of last week, the dollar spent the last two sessions consolidating at lower levels. It has come back bid today amid light news. The greenback is 0.25%-0.50% firmer against the G10 currencies. The exception is the Australian dollar, which is holding on to small gains, inspired by the firmer CPI reading and a downgrading of the chances of a cut by the central bank not only next week but the following meeting in November, as well. The US dollar also enjoys a firmer bias against emerging market currencies. Japan returned from yesterday's holiday, and despite last week's announcement that the BOJ will begin selling its equity ETF holdings, Japanese stocks joined China and Hong Kong in advancing earlier today. Most of the other large markets in the region fell. Europe's Stoxx 600 is giving back yesterday's gains, while US index futures are firm. Benchmark 10-year yields in Europe are narrowly mixed. The 10-year US Treasury yield is flat, slightly above 4.10%. Gold is consolidating in a narrow range, a little below the record high set yesterday near $3791. Similarly, November WTI is consolidating in the upper end of yesterday's range. A push above the $64.35-50 area lifts the near-term technical tone. USD: The Dollar Index slipped slightly below the (38.2%) retracement of the bounce seen last week, beginning with the Fed Chair Powell's press conference. That was found near 97.20. The consolidative/corrective phase continues. It has come back bid and tested the 97.60 area. A move above 97.80 could target 98.25. New Fed Governor Miran laid out his thoughts in an op-ed piece earlier this week, but it does not make him less isolated. His argument hinges on his assessment that the neutral rate is near zero making the current policy setting very restrictive. Fed officials who have addressed this issue disagree and see policy only a little restrictive. Growth continues to be above what is seen as a long-term non-inflationary speed limit. Nor is Miran's claim that the neutral rate has fallen due to President Trump's policies in the last eight months compelling. Which policies? He did not specify. Surely, he is not acknowledging that the tariffs are stealth consumption tax. Meanwhile, yesterday's reception to the $69 bln two-year auction was lukewarm, and today the US sells $28 bln two-year floating rate notes and $70 bln five-year notes with little concession. EURO: The euro has stalled near $1.1820, holding slightly below the (50%) retracement of the pullback in the second half of last week. It has been pushed to almost $1.1760 today. The US two-year premium over Germany has steadied after it narrowed to about 150 bp last week. This coupled with momentum indicators appearing to be curling lower, we have not given up on our idea of a retest of last week's lows near $1.1725. CNY: The dollar has pushed higher against the yuan today. It reached CNH7.1285, its best level since September 12. It has risen through the 20-day moving average near CNH7.1215 and the greenback has not closed above it in a little more than a month. Beijing seems content to continue to shadow the dollar and the push back from the US has slackened. The PBOC set the dollar's reference rate at CNY7.1077 today (from CNY7.1057 yesterday). Yesterday, Beijing said it would no longer claim developing market status at the WTO, for which it receives special treatment. The concession has long been sought by Washington and may have implications in other multilateral institutions. JPY: Japanese markets re-opened today after yesterday's equinox holiday. The US dollar was confined to a narrow range of about half of a yen below JPY148.00 and has risen to about JPY148.35 today. Options for almost $730 mln are struck at JPY148.50 expire today. A move above JPY148.55 lifts the tone. BOJ's announcement last week that it would begin selling its equity ETFs is unlikely to have much impact as the average daily amounts seem so small that it will take more than a century to unwind completely. However, the two dissents in favor of a rate hike have encouraged speculation of a hike as early as next month. The odds implied by the swap market have risen to around 53%, the highest in almost a month. The odds of a hike before the end of the year are above 70%. Today's preliminary PMI does not capture the local market's attention, but Tokyo's September CPI at the end of the week will, and an uptick will encourage the ideas of a hike. For the record, the manufacturing and services PMI slipped. The composite eased to 51.1 (from 52.1), its lowest reading since May. Lastly, Koizumi is taking an early lead in the LDP leadership contest. GBP: Sterling stalled yesterday after briefly pushing above the 20-day moving average near $1.3525. Given the magnitude of last week's reversal, sterling needs to resurface the $1.3555-60 area to signify anything but a flattish consolidation. Instead, it relapsed and slipped slightly through $1.3475. Options for GBP1.3 bln at $1.35 expire today. A break of $1.3450 weakens the technical tone. The economic calendar is light. The market has concluded that another Bank of England rate cut is unlikely to be delivered before the middle of Q1 26 at the earliest. CAD: The US dollar rose to CAD1.3850 yesterday. Options for $540 mln expire there today. It has extended the gains toward CAD1.3875 today. Nearby resistance is seen in the CAD1.3890-CAD1.3900 area. Economic weakness has spurred the market to extend trajectory of the easier monetary cycle. The implied yield for the middle of next year has fallen by a little more than 20 bp since last week's rate cut. This is to say that the market understands what the Bank of Canada did was not bringing forward the last rate cut. Rather last week's move was a net additional cut in the cycle. Early this month, the terminal rate was seen around 2.40% and now it is seen closer to 2.15%. AUD: The Australian dollar found support early Monday near $0.6575, slightly above the (61.8%) retracement of this month's rally. It posed a key downside reversal in the middle of last week. After setting a new high for the year a little below $0.6710, it sold-off and lower lows were recorded in following three sessions. It has flirted with resistance near $0.6625 today, where options for A$575 mln expire. A convincing push above it targets the $0.6660 area. The uptick in the August CPI to 3.0% (from 2.8% in July and 1.9% in June), underscored the cautious tone expressed by RBA Governor Bullock, even though the underlying trimmed mean measure eased to 2.6% (from 2.7%). The futures market accepts that there is little chance of a change in policy at next week's meeting. After the CPI report, the market halved the chances of a cut at the following meeting (November) to about 33%. MXN: While the US was consolidating broadly, the interest rate appeal attracted funds to the Mexican peso, Brazilian real and Columbian peso. Meanwhile, the likelihood of US assistance helped spur gains in the Argentine peso. The greenback held above support seen around MXN18.30. It is in a narrow range today (~MXN18.34-MXN18.39). Last week's low, near MXN18.20, was a new low for the year. The dollar slipped briefly below BRL5.32 to record a new low for the year as well last week and returned toward it yesterday. The greenback was sold to a new low for the year against the Columbian peso yesterday (~COP3826). Mexico reported a minor gain (0.1%) in July retail sales (and the June series was revised to -0.1% from -0.4%). Still, the larger than expected decline in IGAE survey, which serves as a monthly GDP reading) illustrates the pressure on the central bank to cut interest rates when it meets tomorrow. Today, Mexico reports the CPI for the first half of September, Both the headline and core rates are expected to tick up, but the weakness of the economy is more pressing for Banxico. Disclaimer

Another day, another jump-scare for bulls. Bitcoin BTC ▼-0.80% traders woke up to fresh volatility today, with the price briefly dipping below $112,000 before bouncing from $111,100 and stabilizing near $112,580. The selloff coincided with $104 million in outflows from U.S. spot Bitcoin ETFs on September 23, led by Fidelity’s FBTC, which saw $75.55 million leave the fund. Ethereum ETFs also struggled, posting $141 million in outflows with no inflows across nine products. In this uncertain market, investors are asking: what’s the best crypto to buy right now? BitcoinPriceMarket CapBTC$2.23T24h7d30d1yAll time EXPLORE: Best Crypto To Buy in 2025 Bitcoin Liquidity Levels and Market Sentiment Socials are split between bulls and bears. Optimists believe the bottom is already in, calling for a recovery toward $125K. Bears, however, expect further pain, eyeing $110K and $107K as key downside targets. According to Hyblock Capital, $107K hosts the deepest liquidity cluster, where heavy buy and sell orders sit. Large liquidity levels often act like magnets, attracting price action before stabilizing. Traders tend to place orders around these levels, reinforcing the potential for a bounce. The price action has been nothing short of explosive. STBL launched below $0.03 with a $16 million market cap, then skyrocketed to a $264 million ATH. As of today, STBL trades around $0.44, up 15% in 24 hours and 150% in the past week. Read The Full Article Here 20 hours ago Coinbase Lists First AUD and SGD Stablecoins, Expanding Global Crypto Access By Fatima Coinbase will soon list two local currency stablecoins—AUDD and XSGD—marking the first Australian Dollar and Singapore Dollar-backed stablecoins on the platform. Starting September 29 at 19:00 UTC, these fiat-backed tokens will be available globally via Coinbase.com and the mobile app. AUDD, issued by AUDC Pty Ltd, is fully collateralized and redeemable 1:1 for AUD, designed for institutional-grade programmable finance. XSGD, issued by StraitsX, is compliant with Singapore’s upcoming Single Currency Stablecoin regulatory framework, providing secure, regulated access to the local currency. With the stablecoin market surpassing $250B in June 2025 and projected to grow significantly, Coinbase’s move aligns with its mission to onboard one billion users to crypto. Surveys show over 70% of crypto owners in Australia and Singapore are interested in using local currency stablecoins. 24 hours ago 40% Increase In Crypto Millionaires In 12 Months: Report Finds World’s Wealthy Prefer Crypto And Gold By Fatima In just the last 12 months, crypto millionaires have exploded in number, surging by 40% to a record 241,700 globally. Visibly, high-net-worth investors are increasingly favouring cryptocurrency and gold over traditional assets. The Crypto Wealth Report 2025 from Henley & Partners, published on 23 September 2025, reveals a meteoric rise in not only crypto millionaires but also crypto billionaires. Institutional adoption is at an all-time high. Crypto billionaires surged by 29, to 36 globally. Cryptocurrencies are even being launched by the sitting US President and the First Lady! “At the apex of the crypto wealth pyramid, the number of ultra-wealthy individuals is rising sharply,” the report said. 450 centi-millionaires now control crypto portfolios worth $100 million or more, up 38% since last year. Read The Full Article Here 1 day ago Bless Crypto Network Rockets 250% at Launch: Can It Really Take on Big Tech? By Fatima Most airdrops end the same way: tokens get claimed, then dumped. Yeezy did it; hell the President and First Lady did it. But BLESS token jumped +250% on launch, climbing from $0.03 to over $0.08 after 3,200 tokens were dropped to Binance Alpha users. The Bless crypto chart points to momentum holding. Support lines up near $0.085, where the 20-day moving average has caught dips. Resistance sits at $0.097–$0.10, with a golden cross now in play as the 20-day SMA moves above the 200-day. A cup-and-handle pattern is also forming, with upside targets of $0.11–$0.12. Here’s what’s next for Bless Crypto: Read The Full Article Here The post Crypto News Today, September 24 – Max Pain as Bitcoin Price Briefly Fell Again Below $112K, BSC Chain Surges: Best Crypto to Buy Right Now? appeared first on 99Bitcoins.

Most airdrops end the same way: tokens get claimed, then dumped. Yeezy did it; hell the President and First Lady did it. But BLESS token jumped +250% on launch, climbing from $0.03 to over $0.08 after 3,200 tokens were dropped to Binance Alpha users. The Bless crypto chart points to momentum holding. Support lines up near $0.085, where the 20-day moving average has caught dips. Resistance sits at $0.097–$0.10, with a golden cross now in play as the 20-day SMA moves above the 200-day. A cup-and-handle pattern is also forming, with upside targets of $0.11–$0.12. Here’s what’s next for Bless Crypto: What Does the Data Say About Bless’s Market Impact? (Source: TradingView) According to CoinGecko, BLESS was trading around $0.09–$0.10 on Sept. 24, with daily volume topping $200M, which is unusually high for a fresh listing. It’s now much higher and ready to smash through $0.10. CoinLaunch data shows that the $BLESS token grants governance, ownership, and staking, with 90% of app revenue allocated to purchasing and burning it. (Source: CoinLaunch) The macro picture for Bless Crypto shows a project that wants to upend decentralized computing. According to FRED data, cloud spending is closing in on $1Tn a year, with AWS, Microsoft, and Google owning most of it. Bless positions itself as the “anti-cloud,” using a browser extension that lets users rent out idle CPU and GPU power in exchange for tokens. Can Bless Network Compete With AWS and Google Cloud? Bless pulled in $8 million in 2022 from investors such as NGC Ventures and M31 Capital. Since then, the project says it has grown to more than 6.3M nodes and 2.5M users in testnet. Co-founder Michael Chen framed the mission bluntly: “We’re building a world where anyone, anywhere can help power AI and the apps they use every day, and be rewarded for it.” Still, many claims on X are saying that BLESS is a scam. DYOR before investing: Bless’s design resembles early Grass Network farming models, but its accessibility sets it apart. It does not have servers or coding—just a browser extension. That could make it the first real bridge between Web2 users and decentralized infrastructure. But the jury is out if this is a slow bleed rugpull or if $BLESS has real utility. EXPLORE: Black Swan Alert: What To Expect From Trump UN Speech? Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Most airdrops end the same way: tokens get claimed, then dumped. Yeezy did it; hell the President did it. But BLESS crypto token jumped 250%. Bless’s design resembles early Grass Network farming models, but its accessibility sets it apart. The post Bless Crypto Network Rockets 250% at Launch: Can It Really Take on Big Tech? appeared first on 99Bitcoins.

A pan-European crypto scam worth over €100M ($118M) has been broken up, according to Eurojust. Fraudsters lured investors through subtle, nefarious platforms, rerouted their money to Lithuanian accounts, and vanished once withdrawals were requested. “The alleged mastermind is suspected of large-scale fraud and money laundering,” Eurojust said in its Sept. 22 announcement. My plan at the start of 2025 was to flee to Central Europe, what could go wrong? Apparently, this is one of the many things that could go wrong. The fraud had been active since at least 2018 and had spread to Germany, France, Italy, Spain, and beyond. Europe Crypto Scam: Who Was Involved in Taking It Down? (Source: Chainalysis) Five suspects were arrested during coordinated raids in Spain, Portugal, Italy, Romania, and Bulgaria. Eurojust and Europol coordinated the action with local prosecutors and anti-corruption units. Assets, including bank accounts tied to the scheme, were frozen across multiple jurisdictions. (Source: Chainalysis) Europol, which joined the investigation in 2020, deployed a crypto expert to help seize digital assets. This is now the largest coordinated takedown of crypto fraud in EU history. Why Does Crypto Fraud Keep Surging in Europe? Crypto fraud is moving in step with the market. Glassnode data shows Bitcoin wallet activity up nearly 20%+ year-over-year, a surge that brings new targets for scammers. A recent Global Initiative Against Transnational Organized Crime report flagged the Western Balkans as a hub for laundering digital proceeds. Russia’s central bank counted over 1,000 crypto pyramid schemes in six months. (Source: Chainalysis) Europol now pegs investor losses from separate fraud cases at more than €460M since 2020. What Does This Mean for Investors and Markets? How To Stay Safu From Scams Investors should remain wary of polished pitches and “guaranteed” returns. While fraud undercuts retail trust, it also pressures regulators to tighten frameworks, and NO ONE wants to go through Biden 2.0 again. Europe’s response shows scams are being met with full-scale law enforcement, not just warnings. EXPLORE: Black Swan Alert: What To Expect From Trump UN Speech? Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways A pan-European crypto scam worth over €100 Mn ($118 Mn) has been broken up, according to Eurojust. Fraudsters lured investors in. While fraud undercuts retail trust, it also pressures regulators to tighten frameworks, and NO ONE wants to go through Biden 2.0 again.. The post Europe’s Crypto Head Hunters Bring Down $100M Crypto Scam Operation in 23 Countries appeared first on 99Bitcoins.

For thousands of years, gold has been a treasured asset. Gold is not only a time-honored symbol of wealth, it is a reliable store of value and wealth building tool. Today, this ancient currency’s role in modern portfolios is becoming more important than ever. As you know, global uncertainty and shifting economic tides have put gold back in the spotlight—as the precious metal has surged 40% higher since the start of the year setting new record highs. A new study by the D. E. Shaw group, Worth Its Weight? Assessing Gold’s Portfolio Utility offers a refreshingly honest look at gold’s strengths, and the key reasons why it is relevant today, even as global markets evolve. Here’s what they found. Unlike other paper assets like stocks or bonds, gold doesn’t produce income. Instead, gold serves as a store of value—a non-productive store of value (NPSOV)—that people turn to in times of uncertainty. When inflation rises, countries go to war, governments take on staggering amounts of debt, or the U.S. dollar’s future as a reserve currency comes into question, gold looks appealing as a safe haven. Gold and Other Assets: The Correlation Story One of gold’s biggest benefits is how it stands apart from other financial investments. Over the last five decades, gold’s correlation with U.S. stocks has averaged just 0.01—meaning stock and gold prices usually don’t move together. This lack of significant overlap means gold reduces your portfolio risk when the stock market sinks. Gold’s relationship to bonds has been slightly more positive (correlation of 0.10), but is still low enough to provide diversification. Its connection to inflation is modest but positive (averaging 0.13 since 2004). What you’re left with is an asset that stands a little apart—neither firmly with stocks, nor bonds, nor inflation, but with enough separation to matter. What really drives gold’s portfolio benefits is how stocks and bonds interact with each other. Traditionally, investors have relied on these assets moving in opposite directions. But since 2021, their correlation has flipped positive, meaning they sometimes lose value together. (You may remember the first four months of 2022, when the S&P 500 Index dropped by 12.9%, while the Bloomberg US Aggregate Bond Index fell by 9.5%. Ouch). When this happens, assets like gold that don’t trade in tandem with stocks or bonds become much more valuable to help preserve and protect your wealth. Portfolio Utility: Optimization in Action So, how should investors use gold? The study runs thought experiments using an optimizer, balancing return assumptions, volatility, stock-bond correlations, and the risk of market crashes. Even with the most basic assumptions—modest returns and no income—the optimizer finds value in holding gold. Crucially, when considering positive stock-bond correlations and potential market crashes, gold’s utility rises dramatically. The optimizer might allocate a larger portion of the portfolio to gold if these scenarios loom larger. How Much Gold Should You Own? The D. E. Shaw group recommends that investors may want to allocate as much as 9% of their portfolios to gold, especially in environments where stocks and bonds are positively correlated or when risks such as market crashes and inflation spikes are heightened to protect overall wealth and reduce portfolio risk. Other studies have revealed that larger gold allocations can offer even greater portfolio protection and wealth building opportunities for investors. A groundbreaking study by Ibbotson and Associates found that allocating 15% of a portfolio to gold enhances overall stability across different market cycles by benefiting from gold’s negative correlation with equities. Their conclusion aligns with CPM Group’s analysis, which, based on data since 1968, recommends increasing gold exposure to 25% during extended periods of economic downturn. Meanwhile, silver’s unique dual role as both a monetary metal and an industrial commodity introduces distinctive volatility: although it tends to lag behind gold in early risk-off phases, its higher sensitivity to market movements often results in higher gains during the later stages of a bull market. Growing interest in lifecycle allocation strategies highlights tailored approaches to precious metals investments. For investors younger than 40, David Morgan recommends dedicating 10-20% of the portfolio to precious metals, favoring a mix weighted 70% toward silver and 30% toward gold to capitalize on silver’s stronger growth prospects during wealth-building years. After retirement, this allocation flips—allocating 70% to gold and 30% to silver—to emphasize wealth preservation, supported by gold’s lower correlation (0.22) to the S&P 500 compared to silver’s higher correlation (0.41). On the institutional side, BlackRock’s 2025 Portfolio Construction Report introduced a Permanent Gold Allocation framework calling for 12-18% gold exposure for pension funds, recognizing gold’s reduced annualized volatility (18%) relative to long-term Treasury bonds (24%). This reflects a shift in mindset viewing gold as a foundational institutional asset rather than just a speculative investment. The Bottom Line Gold’s independence from major cycles, potential to perform in market crashes, and low correlation to other assets combine to offer real diversification in times of uncertainty. Whether the future holds more inflation, geopolitical strife, or unpredictable stock-bond relationships, gold offers utility that can’t be ignored. The D. E. Shaw group’s research reminds investors to focus on the numbers, not the myths, and understanding how assets really behave over time. The post How Gold Supercharges Portfolio Diversification (And How Much You Should Own) appeared first on Blanchard and Company.

For thousands of years, gold has been a treasured asset. Gold is not only a time-honored symbol of wealth, it is a reliable store of value and wealth building tool. Today, this ancient currency’s role in modern portfolios is becoming more important than ever. As you know, global uncertainty and shifting economic tides have put gold back in the spotlight—as the precious metal has surged 40% higher since the start of the year setting new record highs. A new study by the D. E. Shaw group, Worth Its Weight? Assessing Gold’s Portfolio Utility offers a refreshingly honest look at gold’s strengths, and the key reasons why it is relevant today, even as global markets evolve. Here’s what they found. Unlike other paper assets like stocks or bonds, gold doesn’t produce income. Instead, gold serves as a store of value—a non-productive store of value (NPSOV)—that people turn to in times of uncertainty. When inflation rises, countries go to war, governments take on staggering amounts of debt, or the U.S. dollar’s future as a reserve currency comes into question, gold looks appealing as a safe haven. Gold and Other Assets: The Correlation Story One of gold’s biggest benefits is how it stands apart from other financial investments. Over the last five decades, gold’s correlation with U.S. stocks has averaged just 0.01—meaning stock and gold prices usually don’t move together. This lack of significant overlap means gold reduces your portfolio risk when the stock market sinks. Gold’s relationship to bonds has been slightly more positive (correlation of 0.10), but is still low enough to provide diversification. Its connection to inflation is modest but positive (averaging 0.13 since 2004). What you’re left with is an asset that stands a little apart—neither firmly with stocks, nor bonds, nor inflation, but with enough separation to matter. What really drives gold’s portfolio benefits is how stocks and bonds interact with each other. Traditionally, investors have relied on these assets moving in opposite directions. But since 2021, their correlation has flipped positive, meaning they sometimes lose value together. (You may remember the first four months of 2022, when the S&P 500 Index dropped by 12.9%, while the Bloomberg US Aggregate Bond Index fell by 9.5%. Ouch). When this happens, assets like gold that don’t trade in tandem with stocks or bonds become much more valuable to help preserve and protect your wealth. Portfolio Utility: Optimization in Action So, how should investors use gold? The study runs thought experiments using an optimizer, balancing return assumptions, volatility, stock-bond correlations, and the risk of market crashes. Even with the most basic assumptions—modest returns and no income—the optimizer finds value in holding gold. Crucially, when considering positive stock-bond correlations and potential market crashes, gold’s utility rises dramatically. The optimizer might allocate a larger portion of the portfolio to gold if these scenarios loom larger. How Much Gold Should You Own? The D. E. Shaw group recommends that investors may want to allocate as much as 9% of their portfolios to gold, especially in environments where stocks and bonds are positively correlated or when risks such as market crashes and inflation spikes are heightened to protect overall wealth and reduce portfolio risk. Other studies have revealed that larger gold allocations can offer even greater portfolio protection and wealth building opportunities for investors. A groundbreaking study by Ibbotson and Associates found that allocating 15% of a portfolio to gold enhances overall stability across different market cycles by benefiting from gold’s negative correlation with equities. Their conclusion aligns with CPM Group’s analysis, which, based on data since 1968, recommends increasing gold exposure to 25% during extended periods of economic downturn. Meanwhile, silver’s unique dual role as both a monetary metal and an industrial commodity introduces distinctive volatility: although it tends to lag behind gold in early risk-off phases, its higher sensitivity to market movements often results in higher gains during the later stages of a bull market. Growing interest in lifecycle allocation strategies highlights tailored approaches to precious metals investments. For investors younger than 40, David Morgan recommends dedicating 10-20% of the portfolio to precious metals, favoring a mix weighted 70% toward silver and 30% toward gold to capitalize on silver’s stronger growth prospects during wealth-building years. After retirement, this allocation flips—allocating 70% to gold and 30% to silver—to emphasize wealth preservation, supported by gold’s lower correlation (0.22) to the S&P 500 compared to silver’s higher correlation (0.41). On the institutional side, BlackRock’s 2025 Portfolio Construction Report introduced a Permanent Gold Allocation framework calling for 12-18% gold exposure for pension funds, recognizing gold’s reduced annualized volatility (18%) relative to long-term Treasury bonds (24%). This reflects a shift in mindset viewing gold as a foundational institutional asset rather than just a speculative investment. The Bottom Line Gold’s independence from major cycles, potential to perform in market crashes, and low correlation to other assets combine to offer real diversification in times of uncertainty. Whether the future holds more inflation, geopolitical strife, or unpredictable stock-bond relationships, gold offers utility that can’t be ignored. The D. E. Shaw group’s research reminds investors to focus on the numbers, not the myths, and understanding how assets really behave over time. The post How Gold Supercharges Portfolio Diversification (And How Much You Should Own) appeared first on Blanchard and Company.

A new Deutsche Bank study asks whether Bitcoin could sit alongside the surging gold price in central bank reserves by 2030. The comparison focused on liquidity, volatility, and credibility, and the outcome was blunt: both may end up coexisting. The report calls gold and Bitcoin “complementary diversifications” for central banks. But it also stresses that the US dollar isn’t losing its top spot anytime soon. “We conclude there is room for both gold and bitcoin to coexist on central bank balance sheets by 2030,” the analysts wrote. Meanwhile, gold is up +10.5% over the last week while BTC USD is down almost -4%. So, which is the better investment for Q4 2025? Why Is The Gold Price Still Dominating Reserve Strategy? What About Bitcoin? BitcoinPriceMarket CapBTC$2.23T24h7d30d1yAll time Gold remains the bedrock of official reserves. In September, prices surged to an all-time high of $3,783 per ounce, fueled by central bank purchases and geopolitical risk. According to FRED data, gold demand from central banks has climbed for five consecutive quarters, the longest stretch since the 1970s. On one hand, we know it’s beaten to death, but going on the gold or any other financial subreddit is mind-blowingly vapid. Hell, just the whole site is: Well ACHTUALLY the US govt data is wrong An ad hominem attack on famous investors rather than addressing their argument But with that said, gold can’t stop winning. Henry Allen, strategist at Deutsche Bank, put it bluntly: “Whilst gold prices have many drivers, one is the perception that it operates as a haven that investors buy in times of fear.” The rally echoes the Volcker era of the 1980s, when tight money policy triggered demand for safe havens. DISCOVER: 20+ Next Crypto to Explode in 2025 Can Bitcoin Be the “Digital Gold” Central Banks Embrace? Bitcoin is still far more volatile than gold, but its momentum is undeniable. BTC USD prices touched $123,500 in August, and according to CoinGecko, BTC has gained +22.7% more than gold over the past 12 months. Changpeng Zhao, Binance co-founder, argued the portability edge is decisive: “Gold is great if you can carry it everywhere… If only someone could invent digital gold.” (Source: Xe.com) Bitcoin’s capped supply, independence from governments, and ease of verification will always give it an advantage. For private reserves and alternative funds, that’s an attractive package in a world still wrestling with inflation. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Why This Debate Matters for Investors Beyond Crypto Central banks don’t just manage reserves but set the tone for global markets. Even modest Bitcoin allocations on their balance sheets could trigger trillions in new institutional flows. From a macro view, Bitcoin looks like a growth hedge, while gold is the fear hedge. Both may sit side by side in the decade ahead, but recent history still shows that Bitcoin is a stronger performer than gold. EXPLORE: Black Swan Alert: What To Expect From Trump UN Speech? Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways A new Deutsche Bank study asks whether Bitcoin could sit alongside the surging gold price in central bank reserves by 2030. Bitcoin’s capped supply, independence from governments, and ease of verification will always give it an advantage. The post Gold Price Outperforms Bitcoin as Powell Fans Inflation Fears: Are Rate Cuts a Pipe Dream? appeared first on 99Bitcoins.

Binance is a cornerstone of crypto. As long as the exchange dominates, BNB, the native token, will continue to capitalize on market sentiment, thriving amid volatility regardless of broader market conditions. Crypto traders will keep adding leveraged positions even if BTC USD dips below $100,000. This undeniable reality positions BNB crypto as a possible breakout coin in the coming few years. In late September, could the BNB coin be the best crypto to buy right now? Solid evidence supports Changpeng Zhao and his standout creation, BNB. Just a few years ago, it traded for mere cents. Fast-forward, and despite the impressive growth of Binance and the crypto sector at large, BNB shattered the $1,000 barrier for the first time in September. On Coingecko, BNB trails the similarly resurgent XRP. Yet unlike Ethereum, Cardano, Solana, Dogecoin, or even top Solana meme coins, BNB crypto is in the green in the past 24 hours and week, up +3% and +5%, respectively. It is even more stable than USDT. (Source: Coingecko) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year BNB Price Analysis: Will $1,000 Hold? Time To Buy Now? The ongoing crypto sell-off may stem from investors rushing to lock in profits after the eight-month rally. Despite this swift pullback, BNB ▼-3.13% is resilient, holding steady above the key psychological level of $1,000. The BNB crypto daily chart reflects this stability: As the Bitcoin price edged lower yesterday, BNB USD reversed September 22 losses and climbed higher. BnbPriceMarket CapBNB$148.25B24h7d30d1yAll time If buyers build on these gains and BNB USDT stays above $970, marking this week’s low, there’s a strong chance it could surge past $1,100, propelling BNB crypto to new all-time highs. Data from Coinglass shows a slight dip in trader confidence, but the overall sentiment leans neutral to bullish. The long/short ratio stands at 1.7 across accounts and 1.2 among top traders, per Binance metrics. Ratios above 1 indicate more buyers than sellers in the BNB market. (Source: Coinglass) That said, traders are proceeding cautiously: Trading volume on Binance has fallen -16% in the last 24 hours, to $2.2Bn. This decline echoes across major platforms like OKX, Bybit, and Hyperliquid. While lower volume raises flags, positive momentum is emerging. Spot exchange inflows have risen over the past 12 hours, signaling genuine demand from long-term buyers rather than speculators. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Is BNB the Best Crypto to Buy Right Now? Aster, DeFi Driving Demand The decoupling from Bitcoin marks a pivotal achievement for BNB crypto and Binance as an ecosystem. Most importantly, it underscores Binance’s transformation from a mere exchange into a powerhouse hosting high-profile DeFi protocols. BNB plays a central role beyond the exchange: It’s the fuel for the BNB Chain, a low-fee and highly scalable blockchain rivaling Solana and Ethereum. On Binance, holders enjoy trading fee discounts; on the chain, it’s used for transaction fees, staking, and yielding attractive returns. As of September 24, DeFi protocols on BNB Chain oversee more than $7.8Bn in total value locked, a steady climb from nearly $3Bn in late 2023 to over $8Bn on September 21, a nearly +300% expansion. (Source: DefiLlama) Over the same period, BNB rallied from under $250 to above $1,000, a +400% gain. Echoing the 2020–2021 bull run, BNB’s edge today lies not in meme coins, but in DeFi. At the heart of this DeFi surge are perpetual DEXes booming on BNB Chain. Undeterred by skeptics, developers have replicated Hyperliquid’s model by launching Aster. Supported by YZi Labs, a firm tied to Binance founder Changpeng Zhao, Aster clocked over $584Bn in total perpetual volume. (Source: Aster) This growth is monumental for a protocol whose token launched roughly a week ago, on September 17. While Zhao’s endorsement propelled the DEX’s TVL, ASTER prices have been soaring ever since, rising by over +1,900% in just a week. The impact of Aster on BNB crypto has been both immediate and profound. Thing is: Every trade on Aster boosts BNB demand, accelerating token burns that enhance its deflationary mechanics. If this trend continues, and perpetual DEXes become the future, it would solidify BNB as the best crypto to buy now. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Is Binance (BNB) the Best Crypto to Buy Now? Is BNB coin the best crypto to buy now? Binance is core to crypto and perpetual trading BNB USD exploded above $1,000 earlier this week BNB crypto pumped by viral Aster DEX on the BNB Chain The post Is Binance (BNB) the Best Crypto to Buy Now? appeared first on 99Bitcoins.

It’s not a pleasant scene right now. Bitcoin, Ethereum, and XRP are all deep in the red. In fact, ETH USD has fallen so sharply that the allure of Ethereum treasury FOMO is now under serious scrutiny. Yet, even as BTC USD sways, dips, and edges closer to the critical support level at $110,000, could this be the perfect moment to stack hard and wait for the digital gold to snap higher? Hard numbers don’t lie: Even if Bitcoin closes below the psychological round number of $110,000, it would still be up over +75% from a year ago. What’s more, the uptrend established over the last three months would remain intact. Traders are watching closely from the sidelines, eager to see how BTC USDT reacts at these key levels. (Source: Coingecko) As some of the best cryptos to buy come under renewed selling pressure, Bitcoin crypto has become the go-to choice for conservative traders. On Coingecko, Ethereum’s dominance sits below +13%, while Bitcoin’s is steadily climbing, recently closing above -56%. In these turbulent times of fear and uncertainty, stacking Bitcoin alongside stablecoins like USDT and USDC might be the safest play, especially if sentiment worsens today. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Will BTC USD Erupt Higher? Time to Fade Jim Cramer? History offers clear lessons, and the latest came on Monday when BTC ▼-0.80% flash-crashed below $113,000. It was a sucker punch for optimistic permabulls who had anticipated a perpendicular, one-way rally to $124,500. If anything, the Bitcoin price could slip even lower, flushing out more degen traders; some of whom aren’t afraid to deploy 500x leverage, or even 1001x on platforms like Aster. BitcoinPriceMarket CapBTC$2.23T24h7d30d1yAll time Local support is between $107,500 and $1110,00, the former marking the recent swing low from late August 2025. On the flip side, if the Bitcoin price breaks above $115,000 and $118,000, fresh capital could pour in, providing the much-needed tailwinds for BTC and even top Solana meme coins. Amid the market bleed, it feels like prime time for Jim Cramer to chime in on X. Recently, the CNBC “Mad Money” host tweeted his wish for “a pause in the endless rally of speculation”, particularly in gold, crypto, and what he dubbed “profitless companies.” By “profitless,” he was taking a not-so-subtle swipe at top crypto treasury firms like MicroStrategy and SharpLink, whose core operations lose money but command premium valuations thanks to their crypto exposure. As expected, the now-viral tweet sparked the usual barrage of memes and mockery on X and Reddit. Replies ran the gamut from “Inverse Cramer” calls to bold claims that his words could prove to be “the most bullish thing” in September. (Source: Reddit) EXPLORE: 9+ Best Memecoin to Buy in 2025 What Is “Inverse Cramer”? Time to Buy the BTC USD Dip? If you’re new to the “Cramer Effect,” here’s what it is: When Cramer tweets or opines that a bull run should keep rolling, it’s often a cue to fade the market. Conversely, his sell signals frequently turn into prime buy-the-dip opportunities. Cramer skeptics swear by doing the exact opposite of whatever the CNBC host suggests. The good news: There’s sufficient evidence that fading him isn’t just entertaining, but profitable too, especially in Bitcoin. A quick look back at his crypto commentary during pivotal moments reads like a montage of epic misses. In October 2023, just as the Bitcoin price surged on spot ETF news, he urged investors to dump BTC USD, dismissing it as a passing fad. Instead, the price rocketed to new all-time highs by late 2024. Earlier this year, Cramer declared BTC USDT had “peaked” and pushed gold as the better bet. Yet the Bitcoin price staged a stunning recovery, peaking at $124,500 by August 2025. With Cramer turning bearish on Bitcoin once more, it might be time to stack even harder. The Federal Reserve is poised to deliver more rate cuts by year-end. A looser monetary policy means more liquidity flooding the system. If 2025 becomes like the 2020-2021 cycle, this dovish environment will be the perfect tailwind to propel BTC USD past $125,000. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Jim Cramer Tweets, Bitcoin BTC USD To $125,000? Jim Cramer calls crypto and gold tops Bitcoin is under pressure, trading below $112,000 Cramer has been wrong on several occasions Will BTC USD recover and blow past $125,000? The post Jim Cramer Strikes Again: Says Bitcoin and Gold Are Topping—Time to Buy Even More BTC USD? appeared first on 99Bitcoins.

Asia Market Wrap - Alibaba Inspires Recovery Most Read: Gold's (XAU/USD) Bull Run Just Getting Started? A Look at What History Says Asian stocks recovered some of their losses after Chinese technology companies saw a boost. This was sparked by Alibaba Group Holding Ltd., which announced its plan to increase investments in artificial intelligence (AI). Source: LSEG Chinese semiconductor stocks also joined the rally. This was a result of two key developments: Morgan Stanley upgraded its outlook on the sector, and Huawei Technologies Co. revealed its plans to compete with and eventually surpass Nvidia Corp. in the AI chip market. In Hong Kong, where trading was slow due to a major typhoon, Alibaba's shares surged by as much as 7.2%, reaching their highest level in nearly four years. The company's CEO, Eddie Wu, stated that he believes global investment in AI is accelerating rapidly and that Alibaba needs to keep up. He added that the company plans to increase its spending on AI infrastructure beyond its previous commitment of over 380 billion yuan (about $53 billion) over three years. Overall, the MSCI gauge of Asian shares was down by only 0.1%, an improvement from its earlier, lower position. There was no cash trading of U.S. government bonds because Tokyo was closed for a public holiday. Japan PMI Shrinks Most in the Last 6 Months According to preliminary data, Japan's manufacturing sector continued to shrink in September, with the S&P Global Japan Manufacturing PMI dropping to 48.4. This was a worse-than-expected result, as analysts had predicted a reading of 50.2. A score below 50 indicates that a sector is contracting, and this marks the 14th time in the last 15 months that Japanese factory activity has shrunk. This recent decline was the sharpest since March, with the rate of new orders and overall production falling at the fastest pace in months. Some companies reported that their clients were being cautious with their inventory due to difficult market conditions, which contributed to the drop in new orders. Foreign sales also continued to fall. On the cost side, expenses for manufacturers increased due to higher prices for labor, raw materials, and fuel. As a result, companies continued to raise their own prices. Looking forward, the mood among businesses has weakened. European Open - Defence Stocks Attempt to Limit Downside On Wednesday, European stock markets fell, following a decline on Wall Street. Financial and bank stocks were the main drivers of the losses, although gains in some defense-related stocks helped to limit the overall drop. The main pan-European STOXX 600 index was down 0.5%, and most regional markets also ticked lower, with the Italian stock market experiencing the largest decline. Major banks saw their shares fall by 0.9%, with well-known banks like Deutsche Bank, Barclays, Societe Generale, and Sydbank all dropping by more than 1% each. The financial services sub-index also dipped by 1.1%. However, an index that tracks defense stocks gained 0.8%. This was a reaction to U.S. President Donald Trump's comment that he believes Ukraine can retake all of its land occupied by Russia and that Kyiv should act now. On the FX front, the US dollar slightly recovered on Wednesday from its lowest level in nearly a week. This shift came after Federal Reserve Chair Jerome Powell gave a cautious speech about the possibility of more interest rate cuts. Despite his remarks, traders are still betting that the Fed will cut rates two more times this year. The US dollar index, which measures the dollar's value against six other major currencies, rose by 0.1%. This move helped the dollar regain some ground after it had dropped for two straight days, hitting its lowest point since last Thursday. In Australia, the dollar strengthened after new data showed that consumer inflation was higher than expected. This release comes less than a week before the Reserve Bank of Australia (RBA) is scheduled to make its next policy decision. Meanwhile, the New Zealand dollar remained stable following the appointment of a new head for its central bank. The euro and the British pound both lost 0.1% against the dollar. The Australian dollar, however, gained 0.3% and reversed its earlier losses. This was a direct result of the consumer price index (CPI) rising by 3% in August compared to a year ago, which was an increase from July's 2.8% and slightly above the forecasted 2.9%. Read More: AUD/USD: Bullish reversal towards 0.6700 major resistance as Australia's monthly CPI rose to a 13-month high Currency Power Balance Source: OANDA Labs In oil markets, the price of Brent crude oil rose slightly to $67.71 per barrel. This gain came after a deal to resume oil exports from Iraq's Kurdistan region stalled, which calmed some investor fears that the new supply would add to a global oversupply problem. Meanwhile, gold's price was also up slightly, continuing its momentum after hitting a record high on Tuesday. The price of spot gold was last at $3,773.36 per ounce. Economic Calendar and Final Thoughts Looking at the economic calendar, the European session will bring German IFO and Swiss Zew data before markets eye the US session. The US session is also scheduled to be a quiet one with Fed policymakers speaking a highlight. Beyond this, developments around Russia/Ukraine and a meeting between Iranian and European leaders around the snapback mechanism could stoke volatility. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE/UK100 Index From a technical standpoint, the FTSE 100 is eyeing a break below the 200-day MA which could lead to further downside. This of course is not given after a most recent candle close below the 200-day MA was followed by a bullish rally to the upside. Support also rests just below the current price at 9180 before the9155 and 9100 handles come into focus. Looking at the upside, there is now a key confluence area around the 9218-9234 range. A break above this will face resistance at 9280, which is yesterday's swing high. FTSE 100 Four-Hour Chart, September 24. 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.

The minor corrective pull-back of -2% seen in the AUD/USD ex-post FOMC from 17 September 2025 high of 0.6707 to 22 September 2025 low of 0.6575 has reached an inflection point to kick-start a potential fresh bullish impulsive up move sequence. Fig. 1: 1-day rolling performance of the US dollar against major currencies of 24 Sep 2025 (Source: TradingView) In today’s Asia session, the Australian dollar outperformed all major peers against the greenback. On a 1-day rolling basis as of 24 September 2025, the US dollar slipped -0.4% versus the AUD, outpacing the modest -0.1% intraday decline in the US Dollar Index (see Fig. 1). The AUD’s intraday strength was underpinned by Australia’s latest CPI report, which showed August inflation accelerating to 3.0% y/y from 2.8% in July, beating expectations of 2.9%. This marks the highest reading since July 2024, a 13-month high. Let’s now focus on the latest technical analysis factors of the AUD/USD to decipher its latest short-term (1 to 3 days) trajectory and key levels to watch. Fig. 2: AUD/USD minor trend as of 24 Sep 2025 (Source: TradingView) Fig. 3: AUD/USD medium-term & major trends as of 24 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bullish bias above 0.6580 key short-term pivotal support for the AUD/USD for the next intermediate resistance to come in at 0.6655 before a retest on the major resistance of 0.6680/0.6700 (see Fig. 2). Key elements The major resistance of the AUD/USD stands at 0.6700, which is defined by the upper boundary of the multi-month “Expanding Wedge” range configuration in place since 24 April 2025 (see Fig. 3).The 0.6580 key short-term pivotal support confluences with the rising 20-day moving average that managed to stall the prior three days of decline in the AUD/USD (see Fig. 2).The hourly RSI momentum indicator of the AUD/USD has staged a bullish momentum breakout from its former descending resistance (see Fig 2).The yield spread between Australia’s 2-year sovereign bond and its US Treasury counterpart narrowed from -0.21% on 23 September 2025 to -0.10% at the time of writing. This contraction in the US yield premium has added support to bullish momentum in AUD/USD (see Fig 2).Alternative trend bias (1 to 3 days) A break below 0.6580 key short-term support negates the bullish scenario on the AUD/USD to expose the 0.6555 medium-term pivotal support. 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.

Vitalik Buterin Says Base Is Doing Things Right Ethereum co-founder Vitalik Buterin has given a nod of approval to Base, the Layer-2 network built on Ethereum. Speaking recently, he said Base is taking the right approach when it comes to balancing user experience and network security. While some critics have called out parts of Base’s setup for being too centralized, Vitalik made it clear that Base still protects users where it matters. He stressed that people using Base won’t lose access to their funds, and they can always withdraw. Base does not have control over people’s assets, which he believes is a key point in its favor. What Base Offers, According to Vitalik Base launched in August 2023 and has grown rapidly since then. Right now, it holds about $15 billion in total value, although it was slightly higher earlier this year. Vitalik explained that Base uses a bit of central control in some areas to improve the user experience. But underneath that, it still relies on Ethereum’s main layer to provide a strong foundation. He said it is better to judge systems like Base based on real protections instead of only looking at what could go wrong in theory. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Responding to Critics Not everyone is convinced. Some people are worried that Base’s sequencer, which handles the order of transactions, could be abused if too much control sits in one place. Vitalik addressed those concerns directly. He said Base might have centralized pieces, but it never holds people’s money. EthereumPriceMarket CapETH$485.90B24h7d30d1yAll time That’s an important difference. The features in question are designed to help users, not to take power away from them. He also mentioned that data from platforms like L2Beat shows what actually protects users, not just how things look on paper. How Vitalik Compares Base to Other L2s Base is built using something called the OP Stack. It is the same open-source technology that powers other Layer-2 networks like Optimism. That means it shares some of the same structure. But what stands out to Vitalik is how Base keeps users safe while still making the platform easy to use. He said Base and other similar networks are not just services that interact with Ethereum. They are more like extensions of Ethereum itself. In his view, Base proves it is possible to offer both a smooth experience and strong protection at the same time. DISCOVER: 20+ Next Crypto to Explode in 2025 Why This Discussion Matters There has been a lot of debate in the crypto space about how much control is too much when it comes to making things more user-friendly. People want fast and cheap transactions, but they also want to be sure they are not handing over too much power to one group. Vitalik’s take helps cut through the noise. He showed that it is possible to make smart trade-offs, where users still stay in control of their money but enjoy a better overall experience. What to Watch Next Base is likely to remain in the spotlight as more people start using it. The big question is whether it can keep offering the same level of protection while growing even more. Regulators might also start looking more closely at how systems like Base work, especially around things like sequencers. It will also be interesting to see if other Layer-2 networks follow a similar path or try something different. Either way, Vitalik’s comments have put Base front and center in the conversation about what the future of Layer-2 networks should look like. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Vitalik Buterin praised Base for balancing user experience with strong security. He emphasized that Base users always maintain control over their funds and can withdraw anytime. Base uses centralized tools to improve ease of use but relies on Ethereum for core protections. Concerns about Base’s sequencer were addressed, with Vitalik pointing out that it never holds user money. Vitalik’s approval positions Base as a leading example in the ongoing Layer-2 debate. The post Vitalik Buterin: “Base Is Doing Things Right” on Ethereum Layer 2 appeared first on 99Bitcoins.

Almonty Industries (NASDAQ: ALM) (TSX, ASX: AII) announced Tuesday it has started a large-scale drilling program at its Sangdong molybdenum project in Gangwon province, South Korea. The Toronto-based company is advancing molybdenum exploration while the development of its Sangdong tungsten mine, the largest ramps up. The Sangdong mine is currently world’s largest tungsten producer outside of China. Almonty said it is accelerating its molybdenum drilling campaign in response to South Korea’s supply shortage for molybdenum, a strategic metal widely used in the aerospace, defense, nuclear energy and petrochemicals industries. Demand has been expanding into next-generation industries including semiconductors and renewable energy facilities. The global molybdenum market is projected to reach $6.29 billion by 2034 from its current value of $4.6 billion, according to Zion Market Research. The spot price of molybdenum has increased by approximately 15.1% year-to-date to $25.97 per lb. as of Sept. 19, 2025, according to Metal Bulletin/Fastmarket. Almonty’s drilling program is intended to re-examine mineralized structures previously identified in historical drill holes. To this end, a total of 26 drill holes, covering approximately 11,700 meters of underground space, are expected to be drilled using diamond drills to obtain more precise data. Almonty previously filed an NI 43-101 technical report for the Sangdong molybdenum project in 2022, showing an indicated resource totalling 8 million tonnes grading 0.06% molybdenum disulfide and an inferred resource of 50.7 million tonnes grading 0.05% molybdenum disulfide. The company said it has signed an exclusive supply agreement with a subsidiary of South Korea’s SeAH Group to supply 100% of the molybdenum produced at the Sangdong project for the life of mine. “At a time when ally South Korea is facing a shortage of molybdenum supply, we believe that the Sangdong molybdenum project will make a significant contribution to national resource security and the establishment of a stable supply chain,” Almonty CEO Lewis Black said in a news release. “Once molybdenum production at Sangdong mine is fully operational, Almonty believes that it will help resolve South Korea’s supply shortage and reduce the nation’s dependence on imports,” he added.

Following a period of setting new records, U.S. stock markets, particularly the major technology companies, saw a decline. This was largely due to Federal Reserve Chair Jerome Powell not giving any clear indication that he would support another interest rate cut at the central bank's next meeting in October. While the stock market dropped from its all-time highs, government bonds held onto their gains. Powell stated that both the job market and inflation outlooks are uncertain, repeating his previous message that it will be a difficult challenge for policymakers as they consider future interest-rate cuts. Under pressure from the White House, the Federal Reserve cut its main interest rate by a quarter of a percentage point last week and plans two more cuts this year. However, after a period of setting new records, the S&P 500 stock index fell by 0.5%, with large technology companies like Amazon and Nvidia leading the declines. At the same time, the yield on ten-year government bonds dropped to 4.11%, and the dollar's value shifted throughout the day. The price of gold, however, remained at its record high. Oil prices rose, fueled by ongoing tensions between NATO and Russia. Inside the Fed, there are differing views among policymakers. Some are becoming more concerned about a weakening job market and believe the Fed should act to prevent further problems. Others are more focused on the risk that new trade tariffs and other policies could push inflation even higher, above the Fed's target. This disagreement was highlighted by two Fed officials: Governor Bowman stated that the Fed must be decisive in lowering rates to address the weakening job market. In contrast, Atlanta Fed President Bostic and his counterpart from Chicago, Goolsbee, expressed concerns that more inflation is on the horizon. Read More: Gold's (XAU/USD) Bull Run Just Getting Started? A Look at What History SaysSilver XAG/USD rockets to fresh 14-year highs on dovish Fed and robust fundamental outlookNikkei 225: Bullish reversal above 45,000, no negative impact from BoJ’s ETF unwindCross-Assets Daily Performance Cross-Asset Daily Performance, September 22, 2025 – Source: TradingView Oil prices led the way today increasing by more than $1 per barrel on Tuesday. This gain was a result of a deal to restart oil exports from Iraq's Kurdistan region stalling, which eased some of the fears among investors about too much oil being available on the global market. Gold prices saw a drop off similar to US equities after the comments from Fed Chair Powell. The Fed Chair continues to remain calm under growing political pressure and market expectations for further rate cuts. A picture of today's performance for major currencies Currency Performance, September 22 – Source: OANDA Labs The U.S. dollar's value remained mostly stable, as measured by the dollar index. The dollar index was little changed at 97.25. The dollar was slightly weaker against both the Swiss franc and the Japanese yen. Meanwhile, the euro edged up slightly against the dollar, and the British pound remained flat. A look at Economic data releasing in tonight and tomorrow's sessions For all market-moving economic releases and events, see the MarketPulse Economic Calendar. Looking ahead and the Asian session is relatively quiet with the biggest data release coming from Australia with the monthly CPI release. The European session will bring some medium impact data in the form of Euro IFO data from Germany before markets shift attentions to more Federal Reserve policymakers speaking as well as new home sales data. Any other developments and comments around the UN as well as discussions between Iran and European powers around a nuclear deal could also have an impact on overall market sentiment. Safe Trades and an enjoyble week ahead! Follow Zain on Twitter/X for Additional Market News, interactions 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.

Kinross Gold (TSX: K, NYSE: KGC) said on Tuesday it has sold its entire shareholding in Asante Gold (TSXV: ASE) at a discount, without providing reasons for the divestment. According to an early warning report, Kinross sold approximately 36.93 million of Asante’s shares, representing 5.2% of those outstanding, at a price of C$1.80 per share. Asante opened the session at C$2.20 and later rose to a 52-week high of C$2.29, giving it a market capitalization of roughly C$1.6 billion ($1.2 billion). Kinross had already sold 29.85 million shares of Asante at C$1.55 per share two weeks earlier. That represented 4.7% of Asante’s capital, and nearly half of Kinross’s entire holdings. At the time, the Canadian gold miner stated that the move was “part of the ordinary course of portfolio management.” The two sales this month netted proceeds of C$73.1 million and C$46.3 million, respectively. The second sale comes a week after Asante reported mixed results for the second quarter of fiscal 2026, during which the West Africa-focused miner saw its production slip and losses widen. Still, the company reaffirmed its guidance despite the shortcomings. Following these sales, Kinross said it will remain a “supportive investor” in Asante through its holdings of convertible instruments, which would give it an 8.4% stake on a partially diluted basis. Asante currently operates the Bibiani and Chirano gold mines in Ghana, plus several exploration projects in the West African nation. Kinross previously held the Chirano mine for over a decade, before selling it to Asante in 2022. Kinross’ latest disclosure also comes a day before Asante is scheduled to commence trading on the TSX Venture Exchange, a move that would broaden the company’s investor base.

Scottish engineering group Weir has agreed to buy Fast2Mine, a Brazil-based mine management solutions (MMS) provider, to bolster its existing suite of mine planning and control solutions. Fast2Mine offers an SaaS solution comprising four modules designed around a modern, web-native interface that prioritizes ease of use while delivering advanced reporting functionality. The technology is designed to help miners with material management, mine optimization, short-interval control, fleet management and select asset health diagnostics. Fast2Mine currently services 84 mines across multiple commodities and countries, such as Brazil, Chile, Argentina, Mexico, Guyana and Liberia. Weir said the MMS platform is highly complementary to its growing software portfolio, joining the Micromine software suite it acquired earlier this year to provide comprehensive mine management solutions for both open-pit and underground mining operations. The acquisition will accelerate Weir’s strategy to provide leading software solutions to the mining industry, the company said, adding that it will not affect the group’s full-year revenue, operating profit and leverage guidance as of July 31, 2025. The acquisition terms were not disclosed. “The acquisition of Fast2Mine will accelerate our expansion into the South American mining software market, providing a strong and immediate presence in Brazil, home to some of the world’s largest mineral deposits,” Weir CEO Jon Stanton said in a press release. “Fast2Mine’s software platform is a highly complementary addition to Weir’s mining software suite, including meaningful synergies with Micromine’s Alastri open pit mine planning solution and adjacency with Micromine’s Pitram underground fleet management solution,” he added.

Gold prices reached a new record high on Tuesday, helped by growing expectations of more US interest rate cuts. Investors were also waiting for a speech from Federal Reserve Chair Jerome Powell to get more hints about future policy. The price of spot gold went up 1% to $3,784.01 per ounce, after hitting a new record high of $3,790.82 earlier in the day. This optimism was partly due to new Fed Governor Stephen Miran, who called for aggressive rate cuts on Monday. He argued that the Fed's current policy is too strict and could put jobs at risk. However, his view was challenged by three of his colleagues, who believe the central bank needs to remain cautious about inflation. Miran's pro-rate cut stance increases the chances of more cuts, which is a positive sign for gold. The CME FedWatch tool shows that investors believe there's a high chance of two more rate cuts of 0.25% each, one in October (90% chance) and another in December (73% chance). The thing with Gold at the moment is how much longer can the rally possibly go? Now many investment banks and analysts have had to continuously update their price target this year. The problem is there is no historical data to look toward which could give us a sign of where the rally might end. I have been looking over the past few weeks and have now found some interesting takeaways when looking at past bull rallies which mirror the current cycle. Let us take a look. Gold Bull Rallies From a Historical Context - 1970s, 2000s Looking back at two periods historically paint an interesting picture. The first chart below looks at the period between September 1, 1976 to January 1, 1980 where Gold prices went on a parabolic rise from a low of $104/oz to a high of $875/oz. This equates to a gain of around 738.93% over a period of 1217 days (approximately 3 years and 4 months to complete this move). Gold (XAU/USD) Monthly Chart Source: TradingView This was followed by a multi-year retracement where Gold prices struggled throughout the 1980 and 1990s. The next historic bull rally started around September 1, 1999 (note the rally started again in September. Coincidence?) until September 1 2011. This period saw Gold prices benefit from the Global Financial crisis as well. The rally took Gold prices from $253/oz to a high of $1920/oz which is around a 657.47% increase. The major difference between this rally and the one in the 1970s is the timeframe. This particular rally took a total of 4383 days which equates to around 12 years. Take a look at the chart example below. Gold (XAU/USD) Monthly Chart Source: TradingView Now looking at the current rally in Gold prices, and i am using the bottom in price from around January 4, 2016 when price hit a low of $1061/oz Since then, Gold has been on a rally with gains totaling 257% over a period of 3529 days (just shy of 10 years) to reach a high of $3791/oz today. Gold (XAU/USD) Monthly Chart Source: TradingView This is quite an impressive rally to say the least. However, it remains some way of the other two rallies historically, so are we looking at a more protracted bull run for Gold? Firstly comparing historical price moves is something I am a firm believer in. There is of course no guarantee that a similar story will always play out as the past and that also stems from the factors which are affecting prices. For example in the 1970s, the rally began a few short years after the end of the Bretton Woods system. While the rally in the 2000s was fueled by the global financial crisis, post 2008. The current rally has been fueled by a combination of many things and one of the reasons why I could see further upside materializing in the current rally. We have strong central bank buying, geopolitical risk, recessionary fears and a potential multi-year Fed easing cycle all forming a perfect cocktail for Gold prices to push on higher. Now short-term corrections and pullbacks could materialize before Gold moves higher but for this we will have to monitor the lower timeframes for any possible signs. Technical Analysis - Gold (XAU/USD) From a technical standpoint, it is very difficult to pick a top at the moment. Not to mention that the lack of historical price action makes it near impossible. I will personally be focusing on the whole numbers ahead of $3800, $3825, $3850 etc. Gold (XAU/USD) Four-Hour Chart, September 23, 2025 Source: TradingView (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.

As I sit down to pen this article, I’m met with a feeling of déjà vu. The difference is that I have actually been here before, many times in the last few months, in fact, with silver seemingly hitting new highs every time I check my charts. Naturally, this time is no different, with silver rocketing to new highs in yesterday’s trading, while handsomely outperforming its yellow counterpart, gold, in the last seven days. As is almost tradition by now, let’s discuss some of the fundamentals responsible for the recent moves in precious metal pricing. Read previous coverage: Silver Price: XAG/USD poised to extend gains further, support likely at $40.60 Silver XAG/USD poised for further upside, having cooled from multi-year highs Silver (XAG/USD), OANDA, TradingView,23/09/2025 Dust settles on dovish Fed, boosting silver prices Let’s start by establishing a fundamental economic concept: in a total vacuum, lower interest rates benefit non-yielding assets like silver, since the opportunity cost for holding precious metals compared to cash is reduced. So, why did the recent Federal Reserve rate cut hurt silver pricing? The devil is, of course, in the details. Naturally, nothing in the market is black and white; in this case, Fed Chair Jerome Powell described the cut as a ‘risk-management’ rather than a response to a weakening economy. This would be a much more hawkish stance than previously thought, which, at least at first, would seriously temper expectations that this would mark the first cut of a deep-cutting cycle. Considering the predicted trajectory of Fed interest rates before this, generally pegged at two further cuts before year-end, even the slightest suggestion that rates could be kept higher not only weakened demand for precious metals, but also simultaneously strengthened the dollar. What’s happened since then, however, is a textbook example of reaction versus response. Silver (XAG/USD) & DXY, OANDA & TVC, TradingView, 23/09/2025 Having had time to digest, it would seem that the market uncertainty has all but dissipated, with the recent rally in silver pricing a shining example. While Powell’s recent ‘risk-management’ comments can’t be ignored, against the backdrop of recent US labour and GDP data, the numbers otherwise point to further rate cuts, assuming inflation remains under control. While it would be fair to say that the financial markets’ collective hive mind is not always known for robust decision-making in light of shock economic news, the dust has now settled, with the narrative around Fed monetary policy returning essentially to the dovish angle held ahead of the recent decision. CME FedWatch, OANDA, TradingView, 23/09/2025 This goes double when considering dissent from FOMC member Stephen Miran, who voted for a more aggressive 50 basis point cut in the most recent decision, showing some support for further rate cuts already exists amongst decision-makers. Strong fundamentals bolster silver prices At risk of repeating myself from previous coverage, here’s a quick-fire round on the macro themes responsible for the current rally: Questions remain on sovereign debt, especially in United States, with the recent downgrade in credit rating fresh in the collective memory. Similar to 2011, uncertainty on the long-term solvency of major world economies, especially with no shortage of radical US policy changes, directly benefits silver pricing Silver demand continues to outstrip supply, which in and of itself is a relatively new phenomenon. Used both as a store of value and across industry alike, the recent classification of silver as a ‘critical mineral’ by the US Government further cements its use case on a significant scale. In line with the most basic principles of economic theory, if demand cannot be met by supply, prices rise, as seen particularly of recent Usually lumped under the moniker of ‘safe-haven flows’, precious metals like silver are often used as a reliable store of value in times of economic uncertainty. In 2025, there has been no shortage in demand for safe-haven assets, with increased geopolitical tensions, questions on sovereign debt, and, of course, US trade tariffs, all making valuable contributions Less so a macroeconomic factor, more so a consequence of the above, a weakening dollar has helped extend the current rally in precious metal pricing, since precious metals are typically priced in USD. So far, 2025 remains on record as one of the U.S. dollar’s worst-performing years in some time, helping boost silver prices In a nutshell, and owing to the rock-solid fundamentals, markets have clearly shown their preference for higher silver pricing this year, with current prices on pace for their best percentage performance since 2010. Since late August, it would appear that markets are ready to metaphorically bite the hand off any opportunity to push precious metals higher, with no obvious signs of slowing down any time soon. Silver XAG/USD: Technical Analysis 23/09/2025 Silver (XAG/USD), OANDA, TradingView, 23/09/2025 Renewing multi-year highs recently, XAG/USD currently trades toward the upper boundary of the upwards channel. Price may need to retrace lower before an attempt higher, with bulls likely to target $45 first, then onto $45.69According to the ADX, current trend strength is at its highest level since June 2024, suggesting conviction in market direction. For the contrarians, shorts should be approached with extreme caution Read more from MarketPulse: Nikkei 225: Bullish reversal above 45,000, no negative impact from BoJ’s ETF unwind 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. 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