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Prices for US Oil just broke new highs as tensions keep building. Last Thursday, WTI crude surged from $67 at the open to a session close high of $76.28—but that momentum quickly tapered off. Since then, markets had been bombarded with near-constant updates: hundreds of ballistic missiles met with retaliatory airstrikes. While commodities initially adjusted to these developments, the build-up in long positions led to profit-taking, preventing oil prices from retesting those highs—until just yesterday. Now, speculation is mounting that U.S. involvement in the conflict is just days away. Should that materialize, the geopolitical stakes could rise sharply, especially if additional nations join the fray—a scenario still viewed as distant but increasingly plausible. Read More: DXY and Oil Rise, SNB Slash Rates to 0%, DAX Tests 50-Day MA, BoE Meeting Ahead Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Crypto analyst XForce has again alluded to the 5-Wave count to show when the XRP Price is likely to hit a new all-time high (ATH) above $5. As part of his analysis, the analyst also declared that there is no reason to be bearish on the altcoin at the moment. XRP To Rally Above $5 Based On 5-Wave Count In an X post, XForce shared an accompanying chart that showed that XRP could rally above $5 on the Wave 3 impulsive move to the upside. The altcoin could even rally to double digits and touch $13 on this move. The chart also showed that XRP will reach this target by year-end or early next year. Based on the 5-Wave count, XRP will then witness a price correction to around $5 on Wave 4 before it then rallies to around $25 on Wave 5, an impulsive move to the upside. XForce is confident that the current price action is going according to plan. He noted that the macro direction was met with very little margin of error. Furthermore, the crypto analyst remarked that everything from the Wave 4 triangle breakout to the anticipated 1 to 2 pullback following the 5-wave impulse followed the blueprint. In line with this, he declared that there is no valid reason to adopt a bearish stance unless the market invalidates the bullish case for XRP. XForce also affirmed that XRP is within the bounds of the same two scenarios but that the ultra-bullish scenario of a rally to double digits is gaining more credibility by the day. The more conservative scenario for the altcoin is a rally to $4, which could still mark a new all-time high for XRP. The analyst earlier declared that all scenarios on the medium timeframe still show the altcoin reaching a new ATH in this market cycle. XRP Consolidation Has Reached Its Peak In an X post, crypto analyst CasiTrades stated that the XRP consolidation has finally reached its apex and that something big is coming next. She remarked that the altcoin could either record an explosive breakout or see one final sharp drop to support that ignites a breakout. Either way, XRP looks likely to rally to the upside soon. CasiTrades stated that the XRP price continues to struggle with the $2.25 level. As long as this level remains resistance, she claimed that it increases the likelihood of the altcoin dropping to support levels at $2.01, $1.90, and even $1.55. However, the analyst declared that these aren’t bearish targets but momentum zones, where the market grabs the liquidity it needs to build momentum for Wave 3. At the time of writing, the XRP price is trading at around $2.16, down in the last 24 hours, according to data from CoinMarketCap.

Global crypto exchange OKX launched its fully regulated centralized crypto exchange in Germany and Poland on 17 June 2025. The launch comes after OKX secured a full Markets in Crypto-Assets (MiCA) license from Malta’s Financial Services Authority (MFSA) 0n 27 January 2025. “Today’s a big day for us at OKX—and for crypto users across Europe,” the company said in its press release. Furthermore, the company announced that the General Manager for Central Europe and the Nordics- Moritz Putzhammer – led the charge along with Gabriel Manduca as General Manager for Eastern Europe. Participating in the Nordics Blockchain Association on 17 June 2025, Putzhammer discussed the implications of MiCA regulation. The OKX General Manager for the Nordics thinks MiCA still has a long way to go, especially when it comes to stablecoins. DISCOVER: 20+ Next Crypto to Explode in 2025 “There’s still a lot of things that need to be cleared,” Says OKX Nordics GM Moritz Putzhammer While Talking About MiCA Implications “I’ll share one example of how MiCA has affected what we’re doing with stablecoins at OKX,” said Putzhammer. “One of the strongest products that we were offering to our clients was a product on USDC – where you would get like eight or nine percent. Obviously, now we had to shut that down because there was a clear provision that you couldn’t provide interest to your customers on stablecoins – which I think, from a personal perspective, I don’t know if I would have needed the EU to protect the customer from earning interest on stablecoins. I think the motive behind it, everyone can make their own assumptions, but I think it was probably somewhere along the lines of protecting some of those who have traditionally provided interest to customers. That would be my, let’s say hot take or a spicy take on that. But I don’t know if that is true. So that’s a bit of an unfortunate thing.” “There’s still a lot of things that need to be cleared out on that front,” he added, “but obviously from a very personal perspective, like everyone else, I am excited by stablecoins and what they provide, simply by having used them as a payment rails for my own personal and also professional transfers.” “You don’t need to be on the same actual app as the other one who you would like to receive from or send stablecoins to. You just need to be on the same rails. This is possible through interoperability,” said Putzhammer. “It is extremely exciting to send some money to Australia within a couple of seconds.” When asked about two topics that would be big next year, Putzhammer said RWAs and tokenized bills. Explore: Best New Cryptocurrencies to Invest in 2025 “This is just the beginning” This is more than geographic expansion for OKX. “We’re among the first global exchanges ready to meet the region’s evolving regulatory standards head-on,” said OKX. “We’re proud to be leading the industry in transparency with 31 consecutive monthly Proof of Reserves reports, and we hold MiCA licensing in Europe.” In Germany and Poland, the company is offering access to deep liquidity, low fees, and over 270 cryptocurrencies, including more than 60 crypto-Euro pairs, all on platforms that are fully licensed, fully compliant. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 Key Takeaways After receiving MiCA license early this year, OKX launched its fully regulated centralized crypto exchange in Germany and Poland. The OKX General Manager for the Nordics thinks MiCA still has a long way to go, especially when it comes to stablecoins. The post 99Bitcoins Exclusive: OKX Launches In Germany, Poland As Company’s Nordics General Manager Discusses MiCA Implications appeared first on 99Bitcoins.

Macro investor Jordi Visser has published a Substack essay arguing that Bitcoin is “the purest AI trade,” a claim he says has followed him “in nearly every one of my videos, Substack posts, and conversations with Anthony Pompliano.” The piece, released yesterday under the title You Don’t Find Bitcoin, Bitcoin Finds You: Why It’s the Purest AI Trade, sets out a personal and macro-economic narrative that Visser believes binds artificial-intelligence disruption to the rise of the world’s first decentralised digital asset. Visser, who now heads AI Macro Nexus Research at 22V Research after three decades trading derivatives at Morgan Stanley, running a global-macro hedge fund, and ultimately serving as president and CIO of Weiss Multi-Strategy Advisers, frames the essay as a pre-emptive answer to critics who “don’t see it or understand it.” “This statement wasn’t born from a single insight but rather a journey that unfolded across three distinct steps and four accelerating forces that helped me connect the dots between monetary policy, exponential innovation, and a world shifting faster than our corporate, financial, and government systems can handle,” he writes. The three steps, he explains, were “personal awakening, macro-economic context, and the recognition of Bitcoin as foundational infrastructure for the digital economy.” Why Bitcoin Is The Ultimate AI Trade The four forces Visser identifies as central to his thesis span the domains of monetary policy, technology, and sovereignty. The first, he writes, is “unprecedented fiscal and monetary intervention which I believe marked the final climax of the global government debt super-cycle and ultimately the dollar as the global reserve currency.” In his view, the pandemic-era explosion in government spending exposed the limits of fiat systems propped up by central bank liquidity. The second force centers on structural deflation: “deflationary pressure from exponential technologies.” Visser sees AI and automation as not just economic disruptors but forces that drive prices downward across the board—pressuring legacy systems built on perpetual inflation and debt. The third pillar of his argument is institutional erosion. “Accelerating institutional obsolescence through AI,” he warns, will hollow out bureaucracies and corporate incumbents that are too slow to adapt to exponential change. Finally, Visser cites “Bitcoin’s emergence as a sovereign digital asset—independent, decentralised, and not defined by any nation-state.” In contrast to fiat currencies reliant on state power and monetary intervention, Bitcoin exists as an autonomous, verifiable infrastructure layer for the digital economy. Visser dates his “personal awakening” to early 2021, when the pandemic-era money print collided with a household epiphany: “Asset prices jumped and crypto prices were rising daily, and I was struck by the fact that my 13-year-old son … could explain the space in a way that I could not understand.” That curiosity pushed him toward Michael Saylor’s corporate-treasury bet on Bitcoin and Paul Tudor Jones’s description of the asset as “the fastest horse in the race,” convincing him that “Bitcoin [was] a rational response to an irrational system looking for a new one.” The second intellectual milestone came through Jeff Booth’s book The Price of Tomorrow, from which Visser lifts the line: “Innovation is always deflationary for the economy so the baseline for inflation is always negative.” Booth’s argument, he says, revealed “an Economic Trilemma” in which a debt-laden industrial economy can only survive by tapping government balance-sheets, even as a capital-light digital economy accelerates away. The result, he warns, is a fragile fiat system propped up by “artificially low rates, quantitative easing, and fiscal stimulus” that cannot be maintained indefinitely. Visser’s third pivot came with Marc Andreessen’s 2014 essay Why Bitcoin Matters. Andreessen’s framing of the Bitcoin white paper as a monetary protocol—“on par with the creation of the internet itself”—convinced Visser to stop viewing Bitcoin as a challenger to sovereign currency and start seeing it as “the base-layer for a new, decentralised economic system.” Stablecoins, he concedes, may bridge fiat and crypto, but they remain “tethered to the very institutions they’re trying to outrun.” The final, self-described “force” is AI itself: “For years, we’ve said software is eating the world. But now, AI is eating software and soon it will eat everything in its path.” He argues that intelligent agents will erode the scarcity premia that support most legacy assets, leaving Bitcoin—algorithmically finite and independent of any issuer—as “sovereignty at digital scale.” In one of the essay’s bleakest forecasts he writes, “AI will destroy everything eventually—not maliciously, but systematically. And the economic system we’ve built on top of scarcity, debt, and centralisation is not equipped to survive it.” Visser closes by channelling Saylor’s mantra—“You don’t find Bitcoin, Bitcoin finds you”—to explain why adoption is emerging first in the periphery: retail investors in emerging markets, smaller firms outcompeted by big-tech AI monopolies, and early-mover states such as El Salvador. “This bottom-up foundation is setting the stage for a future top-down capital rotation as FOMO and greed eventually force more and more of the doubters in,” he concludes. “That’s why Bitcoin is, in many ways, the purest AI trade—an opt-out of a system being reshaped by intelligence no one fully controls. At press time, BTC traded at $104,816.

The British pound is showing limited movement for a second straight day. In the European session, GBP/USD is trading at 1.3435, up 0.18% on the day. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top ten copper producers. The Vancouver-based miner aims to reach annual output of 500,000 tonnes of copper and approximately 550,000 ounces of gold within three to five years. The strategy focuses on low-cost brownfield expansions at its core assets in Chile, Candelaria and Caserones, as well as Chapada in Brazil. It also includes new developments in the Vicuña district, which spans the Chile–Argentina border and includes the Josemaría and Filo del Sol projects. “Lundin Mining is entering an exciting new growth phase, underpinned by a clear path to increase copper production through low-cost brownfield expansions,” president and CEO Jack Lundin told investors this week. The company is advancing several low capital intensity projects expected to boost annual copper production by 30,000 to 40,000 tonnes in the medium term. At Candelaria, a revised underground expansion plan could raise throughput capacity by up to 60%, potentially adding 14,000 tonnes of copper per year. This includes bringing underground mining operations in-house to improve productivity and mechanical reliability. Filo del Sol is one of the two assets that make up the Vicuña project. (Image: Lundin Mining’s presentation. June 2025.) Operational upgrades at Caserones, including improved leaching practices and use of additional oxide ore, could deliver an extra 7,000 to 10,000 tonnes annually. In Brazil, the Chapada mine’s Saúva satellite deposit, located 15 km from the main site, is projected to produce 15,000 to 20,000 tonnes of copper and up to 60,000 ounces of gold per year. A prefeasibility study is expected by the end of 2025. Exploration is also advancing at the Eagle mine in the United States, where drilling at the Boulderdash project — under an earn-in agreement with Talon Metals (TSX: TLO) — could significantly extend mine life. Cards up the sleeve Beyond near-term expansions, Lundin is pushing forward with the Vicuña project, a 50:50 joint venture with BHP (ASX: BHP) that encompasses the Filo del Sol deposit in Chile and Josemaría in Argentina. A combined development study is underway and expected to wrap by the first quarter of 2026. Lundin says the integrated project could rank among the highest-grade undeveloped open-pit copper assets globally, while also boasting one of the world’s largest untapped gold and silver resources. “The Vicuña project offers transformational long-term growth potential,” Lundin said. The executive has previously referred to Filo del Sol as “one of the most significant greenfield discoveries in the last 30 years,” and a cornerstone of what could become a world-class mining complex.

Bitcoin’s recent climb to $105,000 has done little to shake off the worries piling up around its momentum. The world’s biggest cryptocurrency eked out a 0.03% gain in the last 24 hours but still sits 3.5% lower than it did a week ago. According to analyst Captain Faibik, this mix of flat gains and fading strength could mean traders are buying Bitcoin at the top. Bearish RSI Divergence Signals Weakness Based on data, the Relative Strength Index (RSI) has drifted downward after peaking near 80, even as Bitcoin’s price pushed to fresh highs. The RSI now sits at 61.88, a clear sign that buyers are losing steam. Traders often watch for this kind of mismatch—when price goes up but RSI goes down—because it can spell a coming pullback. History shows it doesn’t always lead to a crash, but it does make a correction more likely. After carving out fresh highs, it feels like Bitcoin has hit its ceiling, according to Fabik, and a pullback into the $92,000–$94,000 zone could be on the cards. This setup usually sparks a quick correction, so many traders will be watching closely and tightening up their strategies as the market could shift in a hurry. Resistance Levels Keep Price In Check Bitcoin has bumped into stiff barriers around $108,000 and $109,000, both set on May 19. An ascending trendline from December 2024 has also been capping gains for weeks. These levels are proving tough to clear. If Bitcoin can’t break through soon, sellers may step in. Faibik points out that hitting these walls and seeing RSI divergence at the same time often marks the high point before a drop. This Activity Points To Caution The derivatives market adds another layer to the story. Trading volume in Bitcoin futures and options rose by 1.60%, taking total activity to around $100 billion. Open interest, meanwhile, slid down 1.30% to nearly $70 billion. This suggests some players are closing their bets rather than piling on new ones. In the past 24 hours, liquidations have wiped out $71 million in long positions. That kind of pain can trigger more sell‑offs if people rush to protect their profits. Past Patterns Offer Mixed Lessons Looking back, Bitcoin’s rebound in 2022 followed a different playbook. Back then, price hit a low near $16,000 and built strength even as RSI climbed from oversold levels. That setup led to a strong rally. Today, though, the RSI is nowhere near oversold territory. It’s more of a warning flag than a green light. Captain Faibik reminds traders that past wins don’t guarantee future results. Conditions now include higher interest rates and deeper institutional interest, which can change how Bitcoin reacts to the same signals. Featured image from Trade Brains, chart from TradingView

So, it turns out that the Kansas banker (Shan Hanes) who ripped off millions from his small-town bank in Kansas, lost much of his loot to a pig butchering crypto scam, tied to a Philippines call centre, according to a Department of Justice (DoJ) complaint. According to the complaint filed on 18 June 2025, the DoJ’s persecutors have initiated a civil forfeiture action targeting over $225 million in laundered USDT, tied to Shan Hanes, the disgraced CEO of the Heartland Tri-State Bank, embezzling over $47 million from the bank, triggering the collapse of the agricultural lender in 2023. A crypto exchange provided critical information to the DoJ, which led to the regulatory body identifying a complex modus operandi used by the scammers to launder illegal funds. Authorities have recovered a total of 93 deposit accounts, where scammers coerced their victims into depositing USDT. Once victims deposited the funds, they circulated through as many as 100 intermediary wallets to obscure the source of the funds and to mix deposits from multiple victims. Once they obscured the source of funds, the scammers then transferred these funds to OKX accounts in two reshuffling phases. They initially transferred the fund to 22 OKX holding accounts and then reshuffled it among 122 additional OKX accounts. All OKX accounts were linked through shared IP addresses, reusable KYC documents, traced to a Manila-based crypto scam centre – ITECHNO Specialist Inc. The DoJ has estimated an astronomical $3 billion in transaction volume generated by this Manila-based laundering network. Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 Hans Referred to Both as a Perpetrator and a Victim According to the DoJ complaint, Hanes embezzled millions from the Heartland Tri-State Bank from 30 May to 7 July 2023, a period that falls between the bank’s quarterly regulatory reporting cycles, to avoid detection. In this time frame, Hanes initiated 10 wire transfers amounting to a little over $47.1 million. The complaint also takes into account the Federal Reserve’s (FED) report on the collapse of the Heartland Tri-State Bank. The regulatory body found a total of 434 victims of the crypto scam, with 60 victims losing a combined value of $19.4 million, approximately. Heartland Tri-State Bank, which held $13.7 million in capital and $139 million in assets, had its liquidity affected by Hanes’s actions, which caused the bank to initiate an emergency borrowing worth $21 million. As a result, the bank was left with a giant $35 million hole in its coffers and was shut down by the regulators in July 2023. Additionally, as earlier reported by CNN, Hanes also stole $40,000 from the Elkhart Church of Christ, $10,000 from the Santa Fe Investment Club, $60,000 from his daughter’s college fund and finally, almost $1 million in stocks from the finance firm, Elkhart Financial. In August 2024, the court sentenced Hanes to 24 years in prison. Meanwhile, the DoJ has named him both the perpetrator and a victim of this particular pig butchering scam. Explore: Best New Cryptocurrencies to Invest in 2025 Crypto Scam Assets Headed for FED Holdings While the bitcoin reserve and the stockpile of other cryptocurrencies are not yet in place, the seized USDT is highly likely to end up in the FED’s crypto stockpile. The Treasury Department has been auditing the US government’s digital asset holdings to determine cryptocurrencies and various other digital assets that it needs to hold. Since officials have recovered only a small percentage of those affected by the scam, total compensation to the victims from the seized USDT remains uncertain. Key Takeaways Shan Hanes lost $3.3M from his embezzled $47M to a pig butchering scam Scammers reshuffled stolen funds in two phases linked to a total of 144 OKX accounts Investigators traced all OKX accounts to a compound in Manila, Philippines The post DoJ Files $225M Civil Forfeiture Case Linked to Crypto Scam Perpetrated by Disgraced CEO Shan Hanes appeared first on 99Bitcoins.

In a post late Wednesday, independent technician CasiTrades—followed by 20,000 accounts on the platform—warned that “the market is officially out of time” and that XRP’s multi-month coil has compressed to the tipping point. Why XRP ‘Is Out Of Time’ “After months of tightening, the XRP consolidation has finally reached its apex and something big is coming next,” she wrote. “There are only two paths from here: either the explosive breakout we’ve been waiting for begins now, or we see one final sharp drop to support that ignites the breakout we’ve all been preparing for.” CasiTrades’ roadmap turns on a single price: $2.25. XRP has probed that level repeatedly since the first week of June but has yet to close above it. “Price continues to struggle with the $2.25 level, a level I’ve talked about continuously,” she noted, arguing that every failed attempt increases the probability of a stop-hunt toward $2.01, $1.90, even $1.55. Those levels, she stressed, are “momentum zones… areas where the market grabs the liquidity it needs to build momentum for wave 3.” On his daily chart the Relative-Strength Index has been tracing a shallow upward channel while price has moved sideways, a structure the analyst calls a “guide for the end of this squeeze.” The confluence—a volatility funnel on price and a steady grind higher on momentum—mirrors the pattern that preceded XRP’s October 2023 breakout. Beyond geometry, timing is central to CasiTrades’ argument. “It’s mid-week, Wednesday—this is when sentiment tends to flip,” she wrote, invoking a playbook familiar to short-term traders: a fake-out in the back half of the week that reverses by Friday’s close, leaving late-entrants stranded. The setup, she said, is no longer purely technical. “This is not just technicals lining up, it’s the whole picture aligning. Sentiment, structure, timing, even global headlines.” By mid-morning in Europe, XRP was quoted at $2.16, roughly three percent below the resistance that defines CasiTrades’ fork-in-the-road. Seven-day realised volatility has fallen to its lowest reading since February, underlining the sense of a market biding its time. Whether the catalyst comes from a decisive hourly close above $2.25 or from a liquidity sweep into the $1.90s, the analyst’s central claim is unchanged: the consolidation’s lifespan has effectively expired. As she signed off, CasiTrades offered a final exhortation—short, sharp, and consistent with the urgency of his chart: “Do not miss what’s next.”

XRP price is down when writing and trending below $3.50. Ripple is struggling for momentum despite the launch of three spot XRP ETFs in Canada and FOMC expectations in the U.S. The XRP Army often expects the coin to go “up only.” It has been on an uptrend, and since Donald Trump took office, XRP ▲0.96% has risen in the market cap rankings and is now one of the best cryptos to buy. DISCOVER: Best Meme Coin ICOs to Invest in 2025 XRP Price Consolidates Whether XRP will break above $3.50 in June 2025 remains to be seen. Still, bulls are optimistic, expecting prices to tick higher and break above key resistance levels at around $2.40 and $2.60 in the coming days. Technically, the local support is at $2.00. As long as prices trend above this level, buyers may view every dip as a loading opportunity. XRPPriceMarket CapXRP$126.97B24h7d30d1yAll time Multiple triggers, including favorable regulations and institutions racing to create complex XRP products, could prop up prices. Even so, the coin is still moving sideways, and buyers are staying away, a move that’s also being felt by some of the best Solana meme coins. Spot XRP ETF Launch in Canada Notably, the launch of Canada’s first spot XRP ETFs was expected to drive prices, as institutions in the country now have a clear route for direct exposure to XRP. Purpose Investments, 3iQ, and Evolve ETFs rolled out spot XRP ETFs, listing them on the Toronto Stock Exchange (TSX) on June 18 under the tickers XRPP, XRPQ, and XRP, respectively. As expected with any spot XRP ETF, shares issued are directly backed by XRP. Investors who buy them are also eligible for tax-sheltered investment accounts like TFSAs and RRSPs in Canada. Looking at how these spot XRP ETFs are structured, Purpose Investments’ product offers USD-denominated and CAD-hedged versions of their XRPP. Meanwhile, 3iQ sought a competitive advantage by waiving fees until the end of the year to draw more inflows. In the United States, the SEC has yet to approve any spot XRP ETF. Some heavyweights that have applied to issue this derivative product include Franklin Templeton and 21Shares. After the SEC delayed its decision on the Franklin Templeton spot XRP ETF application on June 17, eyes are on whether the regulator will also put off approval on the Grayscale on October 18. Overall, Polymarket punters have placed a 90% chance that a spot XRP ETF will be approved in the United States by the end of 2025. (Source) FOMC Crypto Disappointment Much was expected from the FOMC meeting in the United States. Although the Federal Reserve was expected to keep rates steady between 4.25% and 4.50%, the Jerome Powell press conference was supposed to move markets. However, it didn’t. Instead, the Federal Reserve was cautious, citing risks posed by Donald Trump’s tariffs. There were also mentions of sticky inflation and resilient labor markets. This combination meant the central bank kept rates steady, disincentivizing aggressive positions in crypto assets, including XRP. Looking at the FOMC Dot Plot, the market still expects two 25-basis-point rate cuts in 2025. Even so, from Jerome Powell’s press conference, the central bank maintains a hawkish tone. (Source) Notably, seven members of the FOMC now support no cuts in 2025, up from previous projections. Moreover, the FOMC remains data-dependent. While they could cut rates in upcoming meetings, they are still assessing the impact of tariffs on inflation, which could dampen economic growth. DISCOVER: 7 High-Risk High-Reward Cryptos for 2025 XRP Price Stalls Despite Canada ETF Debut, FOMC Crypto Impact XRP price remains below $3.50 Canada approves three spot XRP ETFs 90% chance of spot XRP ETF launching in the U.S. by the close of 2025 FOMC holds rates steady; two rate cuts expected by the end of 2025 The post FOMC and Canadian ETF Debut Fail To Pump XRP Price: What Catalyst Does XRP Need? appeared first on 99Bitcoins.

Corporate treasury strategies are entering a new era as traditional finance and crypto converge. Two standout approaches are now reshaping how institutions manage digital assets. Approach One: The well-established Bitcoin playbook – buy $BTC and hold. Borrow billions to do so if necessary. Approach Two: A bold new frontier on Solana – buy $SOL and farm yield natively through chain-on-chain treasury mechanics. Both approaches have gained significant followings in recent months, with the $SOL treasury strategy emerging more recently. And with Solaxy preparing to launch the first true Solana Layer-2, the entire Solana-native treasury model could be about to jump to light speed. Debt-Fueled Bitcoin Strategies Face Growing Scrutiny MicroStrategy, the poster child of the Bitcoin treasury movement, now holds over $62B in BTC. That’s mostly been paid for using debt, including multiple convertible bond issuances. Saylor’s been widely lauded for his approach, and the Bitcoin Strategy is now seen everywhere. But while it’s a bold strategy, serious questions are now being asked. At the DigiAssets Conference held June 17-18, Anthony Scaramucci offered a pointed warning. He remains a long-term Bitcoin bull, but likened the current wave of debt-backed $BTC buying to the Special Purpose Acquisition Company (SPAC) boom of 2020-2021. The damage would come if the companies ever started to unwind. They might be forced to sell Bitcoin to cover any debts. He isn’t alone in this concern. Swiss bank Sygnum recently echoed similar warnings, noting the risk of cascading liquidations if the price of BTC falls while debt obligations come due. In essence, what looks like bullish conviction may also be quietly sowing seeds of future volatility. The Solana Alternative: On-Chain, Yield-Driven, and Native Canadian DeFi Development Corp takes a radically different approach. Instead of issuing bonds to buy tokens, it’s building a self-sustaining, yield-generating treasury inside the Solana ecosystem. The company launched in April, and already holds a 620K $SOL reserve worth $90M. Their goal is to grow $SOL per share, not just stack tokens. To that end, in May, they purchased a Solana validator set. With the Solana validator, all purchased $SOL could be instantly staked, generating more yield and steadily increasing the all-important $SOL-to-shares ratio. There was a 7-for-1 stock split for the underlying DeFi Development Corp stock ($DFDV) in May to boost liquidity, but so far, the company’s strategy has paid off: $DFDV stock is up a massive 4,408% so far this year. The company’s success may already be inspiring imitators. Another Canadian company, SOL Strategies, just filed with the SEC to list on the NASDAQ. Will the new Solana treasury approach lead to a new class of crypto treasuries that are organic, resilient, and native to the chains they support? And if they do, what could that do to Solana and the upcoming Solana Layer-2, Solaxy? Solaxy ($SOLX) – Last Chance to Buy 100x Chance with First Solana Layer-2 With a new Solana treasury strategy making waves, Solaxy ($SOLX) could have perfect timing. Building treasuries for yield will require leveraging all that a blockchain has to offer. And with Solaxy, Solana now offers all of Ethereum’s infrastructure and scalability in addition to $SOL’s native low costs and speed. That could set Solaxy on course to explode as DeFi projects and meme coins flock to the new Layer 2. The Testnet is already live with the Block Explorer and Bridge. The full launch schedule runs into July and includes expanding the Solana-Ethereum bridge to Solaxy once it goes live. The schedule concludes on July 21, 2025, with the debut of the Solaxy Igniter, a pump.fun-style meme coin launchpad. The $SOLX token is available for $0.001766 for the next four days as part of the last chance to buy between the presale and token launch. Our own price prediction indicates the token could reach $0.025 by the end of the year, delivering 1300% returns to current investors. Don’t delay – this could be the lowest the token will ever go. Learn how to buy Solaxy with our guide. Visit the Solaxy presale page. Solaxy + Solana: The Future of Crypto Treasuries? The rise of Bitcoin treasuries brought institutional credibility to crypto, but it may have also introduced dangerous financial engineering. As criticism rises over the debt-based model, a Solana-native alternative is emerging. And Solaxy ($SOLX) is poised to supercharge the Solana ecosystem, indirectly further boosting Solana treasuries. Do your own research before investing; this isn’t financial advice.

Market sentiment remains fragile this morning as reports continue to arrive that the US is planning for strikes on Iran. This would be a major escalation in the conflict and could draw other allies into the fight. The UK also held meetings on the possible implication of US strikes on Iran with the Iranians warning of significant retaliation. This has kept overall market sentiment on edge and this could continue ahead of the weekend. close Source: TradingView.com (click to enlarge) Source: TradingView.com (click to enlarge) Key Levels to Watch: Support 231132275322405Resistance 234712370923882Follow 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. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Resolute Mining (ASX: RSG) has found a significant gold deposit at its Doropo asset in northeastern Côte d’Ivoire, near the Burkina Faso border. Doropo is one of two assets the company acquired from AngloGold Ashanti (JSE: ANG, NYSE: AU) in May and holds estimated reserves of more than 100 tonnes of gold. Chief executive officer Chris Eger announced this week that mine construction will begin in the first quarter of 2026 and it will take about two years. The total investment is expected to reach 300 billion CFA francs ($530 million). Resolute also plans to invest a further $204 million in gold exploration across the country. Operations at Doropo are slated to begin in 2028. The mine is expected to run for over 20 years and generate more than 3,000 direct jobs. Previous owner Centamin, acquired by AngloGold last year, had projected annual production at 167,000 ounces, with all-in sustaining costs of $1,047 per ounce over a decade. Prime Minister Robert Beugré Mambé welcomed the discovery, calling it a “strategic breakthrough” that can help Côte d’Ivoire become a leading mining nation. Mambé noted Doropo deposit is considered one of the most promising gold projects in West Africa. Local officials expressed hope that the project will bring lasting benefits to the region, including infrastructure upgrades such as schools construction and hospital improvements. The Bounkani region, where Doropo is located, is the poorest in the country, with 71% of its population living on about 1,000 CFA francs ($1.76) per day as of 2021, according to the National Statistics Agency. Illegal gold mining remains a serious challenge in the area. Not the first In 2024, Montage Gold (TSX-V: MAU) announced it would start building a mine at another world-class gold deposit in the departments of Kani and Dianra. Known as the Koné project, the asset’s resources are estimated at 155.5 tonnes of gold. Production is scheduled to start in 2027. Despite its potential, Côte d’Ivoire still lags behind the main gold producers on the continent, including Ghana, South Africa, Mali and Burkina Faso.

One week into the Israeli-Iranian war, cyberattacks have officially entered the battlefield. Israeli hackers, a group known as Predatory Sparrow, has claimed responsibility for a $90 million crypto heist from Iran’s largest digital asset platform, Nobitex. The message is political: don’t mess with Israel. The funds were sent to burn addresses, wallets that no one can access, making them permanently unrecoverable. In the 21st century, crypto cyberattacks are now part of warfare strategy. The attack targeted wallets linked to Iran’s Islamic Revolutionary Guard Corps (IRGC). According to blockchain analysts and intelligence sources, the israeli hackers siphoned more than $90 million in crypto assets including Bitcoin, Ethereum, Tether (USDT), and Dogecoin. Instead of laundering the funds or routing them through mixers, the stolen crypto was sent to dead wallets. These wallets are inaccessible, making the funds effectively unrecoverable. This raises another important topic: the critical importance of custody. If an exchange is compromised, there may be no legal or financial recourse. For anyone serious about crypto, self-custody wallets and hardware storage remain the safest option in a space where the lines between finance, politics, and digital warfare are increasingly blurred. EXPLORE: Expert Predictions For Altcoin Season Trigger: When Will Bitcoin Dominance Finally Fall? Key Takeaways Israeli hackers are entering the war. The Predatory Sparrow group sent a political message by burning $90 million in crypto, sending a message to the Iranian government. Crypto Is now a weapon. The attack shows how crypto can be used in geopolitical retaliation by targeting exchanges and users funds. Nobitex as a political target: Iran’s top crypto exchange are used to evade the heavy sanctions, making it a high-value mark for Israeli cyber campaigns. Exchanges are vulnerable. The heist proves that even major platforms are at risk. Self-custody is critical as cyberwarfare and crypto converge. The post Israeli Hackers Fumble $90M Blood Money Heist: Is Crypto New Frontier of War in 21st Century? appeared first on 99Bitcoins.

Bitcoin has been crashing with the advent of the new week, spurred on by uncertainties that surround the growing conflict in the Middle East. There has also been a lot of negativity in the crypto market, with expectations that the Bitcoin price will not make new all-time highs after failing to reclaim $111,000. Even as the market continues to bleed, crypto analysts are still predicting further crashes for the digital asset, with some expecting a break of the psychological level at $100,000. Bitcoin Price Headed For Further Breakdown Crypto analyst TehThomas had previously called the Bitcoin price crash from the $108,000 territory, suggesting that the digital asset still had to fill Fair Value Gaps (FVG) at lower levels before it could continue to soar. Then recently, the crypto analyst has once again reiterated his stance as the price had begun to fall back toward $100.000. Thomas explained that Bitcoin was already showing signs of exhaustion. Hence, the reason for the crash was due to a loss of $108,500. At this level, with the price failing to break out higher, it showed that the initial surge had been a takeout, and the right direction was actually downward. The initial bullish move was seemingly a way for an internal liquidity grab while clearing out breakout buyers at the same time. Now, the Bitcoin price has broken below an important channel at $105,000 after a successful retest. The analyst explains that this aligns with the 50% equilibrium of the high-to-low range. Naturally, this means that the asset is still bearish and could continue to decline from here. The main levels to watch were initially at $104,600, but the Bitcoin price had first broken below this level on Tuesday. Now, if the decline continues, then the next major level investors are looking at is the $102,800, where support now lies for the cryptocurrency. Below $100,000 Is Still Possible In addition to Thomas, crypto analyst Xanrox has also predicted further price crashes for Bitcoin. He points out that the formation of a bull flag does not mean the price will continue to rise, as the flag could very well break. If this happens, then the analyst sees the Bitcoin price dropping to $100,000. Unlike Thomas, Xanrox places his support levels at the much lower price of $88,000, which would suggest a major price crash from here. “When we look at the current price action, it looks like a bullish flag consolidation pattern,” the analyst said. “In this case we will probably see multiple liquidity sweeps below the previous swing lows to kick out early longs.” Another analyst, Doctor Profit, has also turned bearish, predicting a decline below $100,000. In the X post, the crypto analyst said that the Bitcoin price is likely to fall to the $94,000-$95,000 level before seeing a bounce from there. Therefore, the analyst has told investors to prepare for more red candles.

In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of FTX. ‘Strategy’s Bitcoin Tactics Resemble Ponzi Scheme’ In a recent post on X (formerly Twitter), OxChain expressed concerns about Strategy’s aggressive Bitcoin accumulation formula, suggesting that the company’s operations resemble a Ponzi scheme. OxChain pointed out that since 2020, MicroStrategy has transformed from a traditional software company into a significant player in the Bitcoin market, currently holding around 582,000 BTC, valued at nearly $61 billion. However, OxChain claims that this impressive figure is underpinned by leverage, debt, and shareholder dilution, rather than genuine conviction in the cryptocurrency. The analyst outlined Strategy’s approach as a “cyclical financial loop”: the firm raises capital through shares or bonds, purchases Bitcoin, announces these purchases to drive up stock prices, and then raises more funds. The analyst asserts that this cycle has worked as long as Bitcoin’s price continues to rise. However, with plans for a new $1 billion share sale, OxChain believes that Strategy is increasing its risk exposure. Analyst Predicts Major Liquidation Risk OxChain warns that Strategy’s average cost per Bitcoin is approximately $70,000, creating a precarious situation. The analyst adds that if Bitcoin’s price falls significantly below this level, the company’s treasury, currently valued at around $25 billion, could quickly start to suffer losses. According to the analyst, despite Saylor’s public commitment to never sell Bitcoin, the realities of accounting and risk management may force the company to act if market conditions deteriorate. In the first quarter of 2025, Strategy disclosed $5.9 billion in unrealized Bitcoin losses, revealing the volatility of its assets. Under the new accounting standard ASC 350-60, the company is required to report fair value, eliminating the ability to hide behind book value. This transparency has already led to legal repercussions, with shareholders filing a class action lawsuit alleging that Strategy concealed the risks associated with Bitcoin’s volatility while aggressively raising capital. OxChain further claimed during his social media thread that Strategy’s role as a Bitcoin access point is diminishing, especially as institutional capital flows into “more transparent and regulated options,” such as BlackRock’s iShares Bitcoin Trust (IBIT), which has amassed around $70 billion in assets under management. The analyst stressed that unlike Strategy, which reportedly faces dilution risks and operates with limited safeguards, IBIT offers a “more stable investment” for those seeking exposure to Bitcoin. If Strategy were to falter, the implications would be far-reaching, OxChain added. The firm holds approximately 2.77% of Bitcoin’s total supply, and a significant liquidation could send shockwaves through the market. The analyst warns that a decline in Bitcoin’s price by just 22% from its average buy price could trigger corporate liquidations, potentially leading to one of the largest liquidation events in history. Ultimately, OxChain cautions that Strategy is neither a hero nor a villain in the crypto ecosystem; instead, he said that it represents a “risk vector heavily reliant on leverage and market sentiment.” Featured image from DALL-E, chart from TradingView.com

Under pressure for much of 2025, the dollar (DXY) is on track for its best weekly gain since February, driven by hawkish Fed commentary following yesterday’s interest rate decision. In today’s session: The US Dollar (DXY) currently trades at around $98.95, up +0.09%EUR/USD currently trades at around 1.14744, down -0.02%Ahead of the open, Dow Jones futures trade -0.36% lower Read more on the Asian session: Asia mid-session: Fed flags stagflation risk, US dollar rebounds, risk-off in equities close CME FedWatch, CME Group 19/06/2024 CME FedWatch, CME Group 19/06/2024 Read the full release: Federal Reserve FOMC Statement Press Release, 18/06/2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Mantle crypto, a leading Layer-2 blockchain built on top of Ethereum, has launched UR, the world’s first blockchain-based Neobank, named UR. The price of its native token, MNT, is up 2% in the past 24 hours, as the rest of the market dropped due to the ongoing conflict in the Middle East. Per the press release, the goal for UR is to remove the friction between TradFi and DeFi with an all-in-one account for fiat banking and tokenised deposits, bringing everyday crypto-native financial management to its users. Following the announcement of Mantle’s UR Neobank product, the price of its native MNT token has surged 2.1%, while the rest of the market is down. Per CoinGecko, Mantle crypto is the 54th largest digital asset by market cap, with a current market cap of around $2 billion. MNT is trading today for $0.61 and is down 60% from its all-time high of $1.54, which it hit back in April 2024. Between $0.52 and $0.64 is a heavy support zone, and Mantle crypto currently ranges in this zone. If MNT holds above $0.52, it represents a strong buy zone. If MNT can break out above $0.7, it will enter an uptrend, with no significant resistance until roughly $1.45. This would represent a move of over 100% and would place it just below its all-time high. All eyes are currently on the conflict in the Middle East to see which direction crypto takes next. Yesterday’s Federal Reserve FOMC meeting ended with a ‘no change’ to interest rates, with hopes for a cut now at September’s meeting. With FOMC in the rear-view mirror for the next three months, the Iran/Israel conflict is the one thing spooking the market and holding it in limbo. However, even with the idea of WW3 closer than ever, Bitcoin has held incredibly strong and refuses to drop below $102,000. BTC is trading at $104,700. The strength shown by the leading digital asset is giving confidence to buyers and leading to projects like Mantle crypto undergoing a bullish period of price action. (COINGECKO) RELATED: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post MANTLE Crypto Blockchain Bank Goes Live: What Does It Mean For MNT Price in June? appeared first on 99Bitcoins.

Why is the US market closed today? Good question! June 19, 2025, marks Juneteenth, a federal holiday when Union troops arrived in Galveston, Texas, to deliver the proclamation that slavery had ended, two years after it was supposed to. Now a federal holiday, Juneteenth carries a dual weight. Here’s why Juneteenth is celebrated and what is closed today, including the U.S. stock market. Why is The US Market Closed Today? June 19, 1865, wasn’t when slavery ended. It was just when the truth finally made it to Texas. Within a year, Juneteenth became a tradition. It took more than 150 years to get the federal stamp of recognition, and that only came after decades of effort by people like Opal Lee, the 94-year-old Texan who walked across the country to get the country to finally listen. Juneteenth’s growing significance as a federal holiday comes with a cascade of closures and schedule adjustments: Markets will go quiet for the day, as the NYSE and Nasdaq observe their seventh holiday shutdown of the year. Banks like Bank of America and JPMorgan Chase will lock up their physical branches, though digital platforms and ATMs keep running. The U.S. Postal Service will join the pause, halting regular mail and retail services, though Priority Mail Express stays in motion. UPS and FedEx, however, won’t skip a beat and will operate normally. Federal and many state offices will close, and the school impact is minimal since most students are already on summer break. But observance remains uneven in states that haven’t formally embraced Juneteenth as a holiday. Why is the US Market Closed Today – When Will it Open Again? After the Juneteenth pause, Wall Street will return to its usual tempo, uninterrupted until July begins to stir with holiday plans. The next official market break lands on Friday, July 4, as the nation shifts its focus to Independence Day and its traditions. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Why is the US market closed today? Good question! June 19, 2025, marks Juneteenth. The next official market break lands on Friday, July 4, as the nation shifts its focus to Independence Day. The post Why is The US Market Closed Today? What is Juneteenth National Independence Day? appeared first on 99Bitcoins.

Most crypto projects chase hype but Chainlink builds plumbing. The question now becomes is this model sustainable, or better yet, will it reward holders financially? As one user posted on X, “Fills me with joy knowing that Link marines will miss another bullrun and their token will crash back to $2 during the bear market.” (X) Quietly and consistently, LINK ▲1.18% has become the go-to solution for connecting blockchains to data that matters, from weather feeds to financial markets. With an aggressive 2025 roadmap and growing institutional traction, can $LINK make another 2- 5x in this market? LINK 2025 Roadmap Highlights Blockchains, by design, are secure but isolated systems. They cannot directly interact with external data sources due to their decentralized nature. Chainlink solves this limitation by using oracles to fetch and deliver real-world data to smart contracts in a decentralized and secure manner. Without Chainlink, much of the DeFi sector’s utility—including lending, borrowing, and derivatives markets—simply couldn’t exist. ChainlinkPriceMarket CapLINK$8.69B24h7d30d1yAll time Chainlink’s 2025 roadmap lays out an ambitious plan to solidify blockchain’s place in mainstream and decentralized ecosystems. At the heart of this vision is the Chainlink Runtime Environment (CRE), a modular platform engineered to handle diverse capabilities. Other notable updates include: Expansion into capital markets through partnerships with financial institutions and governments. Chainlink aims to create a seamless “Internet of Contracts” where decentralized systems and traditional finance coexist. The implementation of Smart Value Recapture (SVR), designed to enable DeFi protocols to reclaim value lost to middlemen. The adoption of Cross-Chain Interoperability Protocol (CCIP), which added support for 50 blockchains and $24 billion in secured tokenized assets as of Q1 2025. Co-founder Sergey Nazarov believes 2025 will be pivotal as governments and capital markets integrate blockchain with real-world use cases. Chainlink Price Action and Market Sentiment At $13.16, LINK has crabbled for most of 2025, yet is also breaking resistance levels. 99Bitcoins analysts expect it to hold between $11.62 and $15 through June, and if that feels underwhelming, zoom out. This isn’t just another token. LINK is doing the dirty work for blockchain’s biggest promises. With Chainlink’s Cross-Chain Protocol rolling out, and anchor partners like Aave, Ripple, and JPMorgan in the mix, $LINK should break back into the top 10 projects by year’s end. It’s infrastructure adoption in real time. Nearly every major DeFi platform already leans on Chainlink’s oracles, and now, it’s muscling into the real-world asset game, an arena that couldballoon to $30 billion by the end of the year. Why Chainlink Is Vital for the Future of DeFi and Blockchain Chainlink remains a force shaping blockchain’s future. With its 2025 roadmap showcasing ambitious advancements like CRE, CCIP, and deeper government integrations, Chainlink is on the cusp of becoming a universal standard for blockchain interactions. Although the price action is easy fodder to make fun of on social media, it’s built to explode should we see a bull market. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Most crypto projects chase hype but Chainlink builds plumbing. The question now becomes is this model sustainable? Nearly every major DeFi platform already leans on Chainlink’s oracles. The post Now That Chainlink is Dead What’s The Next Big Thing? appeared first on 99Bitcoins.

AERO soars 17% as the Aerodrome TVL exceeds $1 billion. JP Morgan JPMD on Base could boost DeFi tokens. Presently, AERO crypto bulls are targeting $1 and fresh Q2 2025 highs. On a day when Bitcoin and Ethereum slipped, AERO, the governance token of Aerodrome, a leading DEX on the Base Ethereum layer-2, surged. DISCOVER: 9 Best Crypto Presales to Invest in June 2025 – Top Token Presales Aerodrome Ticks Higher: Will AERO Break $1 as TVL Nears $1 Billion? According to Coingecko, AERO2 (No data) defied market trends, gaining an impressive 17% in the past 24 hours and breaking above key liquidation zones. The AEROUSDT daily chart shows the DEX token trading above Q2 2025 highs. Prices could continue recovering if prices break and close above this week’s high of around $0.90. AERO2PriceAERO224h7d30d1yAll time Technically, local support lies at approximately $0.45, a region of intense buying pressure based on the candlestick arrangement in the daily chart. Aerodrome currently boasts a total value locked (TVL) of over $1 billion. With increased activity on Base, now the second-largest Ethereum layer-2 by TVL, flipping Optimism, Aerodrome plays a critical role in facilitating token swaps. (Source) The DEX has generated over $15 million in trading fees in the past month and more than $600,000 in the past day. Given Base’s near-zero transfer fees, this milestone underscores the DEX’s pivotal role in the layer-2 and Ethereum by extension. DISCOVER: Best Meme Coin ICOs to Invest in 2025 JP Morgan Endorses DeFi and Base Confidence in AERO remains high, bolstered by recent integrations, positioning it among the best cryptos to buy. On June 18, JP Morgan announced the launch of its USD-denominated deposit token, JPMD, on Base via its blockchain division, Kinexys. This move endorses Base as a preferred platform for institutions, providing a major tailwind for AERO. Increased institutional flows could drive TVL in both Base and Aerodrome. Subsequently, AERO and other DeFi tokens could march higher, possibly emerging as the next cryptos to explode. In a post on X, Base said “J.P. Morgan chose Base for sub-second, sub-cent transactions, giving institutions near-instant settlement and real-time liquidity. Moving money should take seconds, not days. Commercial banking is coming onchain.” Banks Rebuilding Settlement Layers on Public Chains On X, the response was overwhelmingly positive. One observer noted that JP Morgan’s decision to deploy JPMD on Base reflects banks “rebuilding settlement rails” on public blockchains, a significant validation for DeFi and Ethereum. With U.S. regulations becoming more crypto-friendly, particularly with the proposed GENIUS Act paving the way for a stablecoin framework, Aerodrome and other DEXes are well-positioned to attract more assets. The GENIUS Act could de-risk DeFi, making it safer for retail investors and more accessible for institutions. DISCOVER: Best New Cryptocurrencies to Invest in 2025 – Top New Crypto Coins Aerodrome AERO Crypto Surging After JP Morgan Move AERO crypto token defies gravity AEROUSDT could break $1 and print new Q2 2025 highs JP Morgan deploys JPMD token on Base The U.S. SEC endorsing DeFi with favorable regulations The post Aerodrome AERO DeFi Crypto Defies Gravity After Major JP Morgan Move appeared first on 99Bitcoins.

After falling below the key $3.00 mark, SUI now retests a make-or-break level that could ignite or stall the cryptocurrency’s rally. However, some market watchers believe that the altcoin is preparing for new highs despite the recent pullback. SUI Eyes Breakout To $5 This week, SUI fell below the $3.00 mark amid the Israel-Iran news-fueled market retrace. The cryptocurrency has seen a 7% decline over the past three days, hitting a two-month low of $2.68 on Wednesday morning before recovering. Since its late April breakout, SUI has been trading within the $2.33-$4.10 range, with the price hovering around the upper boundary over the past two months. Notably, the altcoin ended its multi-month downtrend after breaking above its descending resistance at the end of March, leading to its rally to the $4.00 mark. On Wednesday, analyst Crypto Bullet suggested that it could be preparing for a similar performance. According to the post, SUI broke down a falling wedge pattern before bouncing off the yearly Exponential Moving Average (EMA) and Moving Average (MA) between March and April, which propelled the downtrend breakout and rally to its May high. Now, the cryptocurrency is testing the EMA and MA again, while printing a new falling wedge pattern that targets the $5.00-$5.50 area. To Crypto Bullet, “This is where SUI is gonna establish a Higher Low and soon rise to a New ATH.” Earlier this month, the analyst also highlighted a one-year rising wedge pattern that eyes the $8-$10 levels as the next major target for the cryptocurrency. The high-timeframe chart shows the altcoin has been hovering between the pattern’s upper and lower boundaries since early 2024. Amid its April price action, the cryptocurrency bounced from the pattern’s support, suggesting that a surge to the resistance line will come in the coming months if history repeats. Make-Or-Break Level Retest Meanwhile, trader Coinvo noted that SUI is currently retesting a make-or-break level, the key $2.80 area, which acted as support and weak resistance earlier this year. Holding this level is crucial for the cryptocurrency’s rally, as a drop could send the price toward the $2.33 range low and risk a potential retest of the $2.00 support. On the contrary, price stability in this area could propel a reclaim of the $3.00 barrier and a recovery of the range highs, which is necessary for a bullish rally continuation. As analyst Rekt Capital previously warned, June’s performance will be decisive for its mid-term action. It’s worth noting that SUI has built a re-accumulation range around the same levels as it did in late 2024. At the time, it consolidated around the $3.39-$3.78 levels for weeks before Weekly Closing above the range and setting up for its all-time high (ATH) breakout. This time, the cryptocurrency has been consolidating less cleanly than last year, failing to secure a weekly close inside the range for two consecutive weeks. SUI must reclaim the $3.39 area in the coming weeks to maintain its Monthly Bull Flag and position itself for higher levels. As of this writing, SUI is trading at $2.79, a 3.3% decline in the daily timeframe.

Solana has declined by around 13% in the past week, which has brought the asset back to a major on-chain support cluster. Could this be where the bleed ends? Solana Has Strong On-Chain Support Between $145 & $147 In a new post on X, the on-chain analytics firm Glassnode has talked about where support and resistance levels lie for Solana based on the Cost Basis Distribution (CBD) metric. The Cost Basis Distribution tells us about how much of the cryptocurrency’s circulating supply was last purchased or transferred at what spot price. Below is the chart shared by Glassnode that shows the data of the indicator for Solana over the past few months. As is visible, there are a few price zones near the current Solana spot price that stand out in terms of the amount of supply that they hold. The $155 to $157 range carries the cost basis of around 31 million tokens and the $164 to $166 range that of 29 million tokens. A third demand zone exists at $145 to $147, a region that the cryptocurrency’s price is currently making a retest of. Here, the investors last purchased a total of 13 million SOL. To any investor, their cost basis is an important level, so they are more likely to show some kind of move when a retest of it occurs. Generally, this type of reaction isn’t anything relevant for the asset when just a few holders share their acquisition mark at the level, but when a large amount of them are involved, like in the case of the range that SOL is retesting right now, a sizeable reaction can sometimes appear. Generally, these moves tend toward buying when the retest occurs from above. That is, when the investors were in the green prior to the retest. This happens because these holders might believe the price decline to be just a dip opportunity or they may simply want to protect their cost basis. Similarly, holders might panic sell when the retest happens from below. This could happen because underwater sellers can be desperate to get back into the green and once they do, they might fear that the rise is only temporary so they could push for the exit. As Solana is retesting the $145 to $147 range from above, it’s possible that buyers from this region could provide support to the asset and help cushion its fall. In the event that a turnaround does happen, the $155 to $157 resistance range could be of focus next. The analytics firm has also shared the CBD of another altcoin, Tron (TRX). As Glassnode explains, Cost Basis Distribution shows TRON found support in the $0.26–$0.27 range, where over 14B $TRX is held -marking the strongest cluster on the chart. Above that, the supply is relatively thin and most investor positioning remains below current price. SOL Price Solana is currently hanging right at the lower end of the support range as its price is floating around $145.

Ethereum has struggled to maintain upward momentum following a brief rally that pushed its price above $2,800 last week. Currently, ETH is trading at $2,511, reflecting a 9.4% decline over the past week. This retreat comes amid a broader period of consolidation across the digital asset market, with Ethereum seeing both technical resistance levels and on-chain trends that could shape its price action in the coming weeks. Ethereum Faces Technical Resistance The latest analysis from İbrahim COŞAR, a contributor to CryptoQuant’s QuickTake platform, highlights the significance of the 50-week exponential moving average (EMA) as a resistance level for ETH. Historically, successful breakouts above this technical marker have been followed by substantial price gains. COŞAR notes that in prior cycles, once ETH crossed above the 50-week EMA, price increases ranged from 25% to 135%. Averaging those moves suggests a breakout could see Ethereum targeting the $4,000 range. The EMA is a trend-following indicator that places more weight on recent price action, often used to identify potential breakout or breakdown zones in asset movements. Staking and Accumulation Metrics Show Investor Conviction In parallel to price action, Ethereum’s staking metrics continue to show steady growth. On-chain analyst OnChainSchool reported that more than 500,000 ETH were staked in the first half of June, bringing the total staked to over 35 million ETH. This milestone represents the highest amount ever locked in Ethereum’s proof-of-stake contract and reflects a growing trend toward network participation and supply reduction. Staking, in ETH’s case, involves locking ETH to help secure the network and validate transactions in return for staking rewards. As the amount of ETH staked rises, the liquid circulating supply shrinks, potentially tightening available supply on exchanges. Additionally, accumulation wallets, or addresses with no history of selling, have also reached an all-time high, now holding 22.8 million ETH. Combined, these metrics point toward long-term holding behavior, rather than speculative trading. These on-chain developments coincide with ongoing interest in Ethereum-based financial products. The Ethereum ecosystem has seen renewed institutional and retail engagement, particularly after the US Securities and Exchange Commission approved the first spot ETH ETFs. Just recently, SharpLink Gaming, a Nasdaq-listed firm, also a marketing partner to sportsbooks and online casino gaming operators, unveiled a $425M Ethereum reserve strategy led by ConsenSys. Featured image created with DALL-E, Chart from TradingView

The US Federal Reserve kept its benchmark Fed funds rate unchanged at 4.25%–4.50% for the fourth consecutive meeting, as widely expected. During the press conference, Fed Chair Jerome Powell warned that recently announced tariffs could exert upward pressure on prices. close Fig 2: EUR/USD minor to medium-term trends as of 19 June 2025 (Source: TradingView) Fig 2: EUR/USD minor to medium-term trends as of 19 June 2025 (Source: TradingView) The minor corrective decline seen in the EUR/USD since last Thursday, 12 June high of 1.1632 has continued to extend further to the downside as it has broken below the 1.1480 near-term support (18 June minor swing low and former 5 June minor swing high) ex-post FOMC meeting. The hourly RSI momentum indicator has continued to exhibit bearish momentum conditions and has not reached its oversold region (below 30). The observations suggest that the EUR/USD may continue to extend its current one-week-long minor corrective decline phase within a medium-term uptrend phase that is still firmly intact. Watch the 1.1530 key short-term pivotal resistance to maintain the intraday bearish trend bias to expose the next intermediate supports at 1.1410 (also the 20-day moving average), and 1.1360 (also the 50-day moving average and the lower boundary of the medium-term ascending channel) (see Fig 2). On the flip side, a clearance above 1.1530 invalidates the bearish tone and shifts the focus back to the bulls for a recovery to retest 1.1610 before the next intermediate resistance comes in at 1.1660/1690. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.