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Senator Elizabeth Warren is intensifying her scrutiny of Binance, the world’s largest cryptocurrency exchange, by demanding clarifications from the US Department of Justice (DOJ) regarding the crypto company’s compliance with a 2023 settlement agreement. This comes in the wake of concerns about the exchange’s alleged ties to President Donald Trump’s administration and the potential easing of regulatory oversight. Warren Pressures DOJ On Binance Compliance Following years of legal challenges, which culminated in the resignation and brief imprisonment of former CEO Changpeng Zhao (CZ) over allegations of money laundering in the US, Binance appeared to have navigated a path toward a more favorable regulatory environment during Trump’s presidency. However, in a recent letter to Attorney General Pam Bondi, Warren, along with two fellow Democratic senators, pressed for confirmation that Binance is adhering to the ongoing requirements stipulated in its plea agreement related to charges, including money laundering and violations of US sanctions laws. The senators expressed their concerns over reports of meetings between Binance executives and Treasury Department officials, seeking clarity on the administration’s role in ensuring the exchange’s compliance with the settlement. Warren’s letter highlighted several specific inquiries. She requested information about the Department’s efforts to guarantee Binance’s compliance with its plea agreement, the status of the company’s anticipated exit from the US market, and any discussions regarding a potential pardon for Zhao. This follows the former CEO’s official request for a presidential pardon earlier this year, after rumors from The Wall Street Journal and Bloomberg suggested that CZ and Trump would be collaborating. The senators also sought details about conversations relating to World Liberty Financial (WLFI), a decentralised finance (DeFi) venture run by the president’s sons, and its plans to list a new stablecoin called USD1 on the Binance platform. Lawmakers Demand Clarity In a response from the Department of Justice on September 12, officials summarized Binance’s plea agreement and confirmed that the exchange had paid all penalties due. However, the senators asserted that the response failed to address their key questions, particularly regarding Binance’s compliance with ongoing requirements. The letter concluded as follows: These reports make it more important than ever that the public understand the Trump Administration’s interactions with, and relationship to, Binance and its employees. We therefore once again request meaningful answers to the questions above by no later than October 1, 2025. As NewsBTC reported earlier this week, the exchange is currently in discussions with federal prosecutors to potentially eliminate the oversight condition from its $4.3 billion settlement, specifically the requirement for an external compliance monitor. This development raises alarms for Democrats, especially given that the Department of Justice has begun to scale back the number of compliance monitors established during the Biden administration. Featured image from DALL-E, chart from TradingView.com

An analyst has pointed out how a 78% price move could be coming for Pepe based on a technical analysis (TA) pattern forming in its daily chart. PEPE Is Approaching The End Of A Symmetrical Triangle In a new post on X, analyst Ali Martinez has shared a TA pattern forming in the 1-day price of Pepe. The pattern in question is a “Symmetrical Triangle,” which forms when an asset observes consolidation between two trendlines approaching each other at a roughly equal and opposite slope. The upper line of the pattern acts as a resistance barrier, while the lower one provides support. Together, they make it so that the price remains stuck in the channel between them, and since the trendlines involved here are of the converging type, the asset’s range shrinks as it moves inside the triangle. An escape out of either of these bounds can imply a continuation of trend in that direction. That is, a break above the triangle can be a bullish sign, while a decline under it a bearish one. Now, here is the chart shared by Martinez that shows the Symmetrical Triangle that the 1-day PEPE price is currently trading inside: As is visible in the above graph, Pepe has been stuck inside this channel since December of last year, but its price is now not far from the apex. Generally, breakouts become more likely to occur the tighter an asset’s range is, as it means retests happen more frequently. With the memecoin standing inside the narrow tip of the triangle now, its range is quite small, so an escape could be probable to occur in the near future. Symmetrical Triangles are usually considered to have an equal bias in both directions, so a possible breakout could occur in either direction for the asset. Triangle breakouts are generally of the same length as the base of the triangle (that is, the distance between the trendlines at their widest). Based on this, the analyst believes the memecoin may be gearing up for a 78% move. It now remains to be seen how the price of the cryptocurrency will develop in the near future and which side of the Symmetrical Triangle a breakout would take place. The Symmetrical Triangle is just one type of triangles that exist in TA. Another popular variant is the Ascending Triangle, which forms when the upper trendline is parallel to the time-axis. As Martinez has pointed out in another X post, Solana has seen a breakout above such a triangle on the daily timeframe. “Solana $SOL may retest the breakout zone at $210 before pushing toward the $320 target!” explains the analyst. PEPE Price At the time of writing, Pepe is trading around $0.00001137, up more than 9% over the last week.

We discussed the results of the September Fed meeting in the previous review—I recommend reading it. Now it's time to look at Jerome Powell's press conference. The Fed Chair made a few important and interesting remarks. First, Powell stated that the impact of import tariffs on inflation may be short-lived. Second, Mr. Powell said that the main blow from the trade war would be felt by companies that stand between exporters and end consumers. Here, I must disagree with the FOMC Chair, since all retailers and manufacturing companies, without exception, always pass additional costs on to end consumers. No business will operate at a loss for long. Ultimately, it's American businesses and consumers who will bear the cost of Trump's tariffs. Third, Powell admitted he has no idea what shape the U.S. economy will be in three years from now—a thinly veiled reference to the length of Donald Trump's presidential term. You might even take this as a jab at the U.S. President, who, for his part, never hesitates to voice his criticism. With this comment, the Fed Chair seemingly hinted that the economic situation could worsen significantly, and that Trump would bear responsibility. Fourth, according to Powell, even though the unemployment rate has been rising over the past year, it remains quite low. The economy has gone through many "darker" times and is generally coping well with new challenges. Fifth, Powell stated that there was no support within the FOMC for a 50 basis point rate cut—conveniently "forgetting" about Stephen Miran's vote. The entire FOMC "welcomed" the new governor, "as is always the case." Taking all this into account, Powell sent a clear message to the markets: \Miran is considered an "odd man out" by the Committee. Miran can vote for a 2% rate cut if he likes, but all the other governors are still loyal to the Fed's mandate and continue making balanced decisions based on economic data. The Fed still isn't going to rush things or follow a predetermined pace of policy easing. Decisions will be made meeting by meeting, without being tied to previous outcomes. In my view, the Fed's stance at the September meeting hasn't changed. The increased demand for the U.S. dollar may be short-term and accidental. I don't see any reason for market participants to have changed their attitude towards the dollar from negative to positive last night. Most likely, we'll see another corrective wave on both instruments, followed by a further move upward. Wave outlook for EUR/USD:Based on my analysis, I conclude that EUR/USD continues to build an upward segment of the trend. The wave structure remains entirely dependent on news flow, particularly decisions made by Trump and the domestic and foreign policy of the new White House administration. The targets for the current leg of the trend could extend toward the 1.25 area. The news background remains the same, so I'm staying long, despite the first target near 1.1875 (which corresponds to 161.8% Fibonacci) already being worked out. By year-end, I expect the euro to rise to 1.2245, aligning with 200.0% Fibonacci. Wave outlook for GBP/USD: The wave pattern for GBP/USD remains unchanged. We're looking at an upward, impulsive section of the trend. Under Trump, the markets may face plenty more upsets and reversals, which could seriously impact the wave picture, but for now, the working scenario remains intact, and Trump's policy is consistent. The targets for the upward move are around the 261.8% Fibonacci. At this point, I expect the quotes to keep increasing in wave 3 of 5, targeting 1.4017. Main principles of my analysis: Wave structures should be simple and easy to understand. Complex structures are harder to trade and often signal changes.If you aren't confident in what's happening on the market, it's better not to enter.There can never be 100% certainty about market direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

So, the Federal Reserve made a decision that was entirely expected and not at all surprising. The interest rate was lowered by 25 basis points, but this is precisely what the market anticipated. There were far more questions about the central bank's next moves amid a weakening labor market and rising inflation. But, as was easy to predict, there were no specifics from the Fed or from Jerome Powell himself. Powell's entire speech can be interpreted in any way you like. The Fed chair didn't say "no" to a 50 basis point cut by the end of the year, but he didn't announce one either. The dot plot showed a slightly more "dovish" mood for the coming year, but only marginally so. The overall reduction in rate expectations among FOMC members could simply be a margin of error or reflect a shift of expectations forward by one quarter. So, overall, the Fed's stance hasn't really become more "dovish." It remains "data-dependent." A "data-dependent" stance means the Fed will continue making decisions based on the state of the labor market and inflation. So, only the next sets of data on these metrics will help form a more or less accurate forecast for the Fed's actions on October 29 and December 10. The market, as usual, interpreted Powell's speech as the most dovish possible, immediately ramping up expectations for a rate cut in October to 85.5%, and in December to 75% (according to the CME FedWatch tool). Simply put, the market is now sure the Fed will carry out two more rounds of monetary policy easing this year. In my view, however, everything will depend on the economic data. For example, the labor market could start to recover from its summer slump precisely because the fed funds rate was cut in September. The Fed may cut rates again in October, and that will be enough to stabilize Nonfarm Payrolls at least around 100,000 new jobs per month. We shouldn't forget about inflation, as Powell also reminded us at the press conference. It remains persistently elevated. In the view of Fed officials, inflation could have been much higher under the influence of tariffs, and these tariffs should only put upward pressure on prices for a limited period, which may already be coming to an end. Nevertheless, high inflation will not allow the Fed to lower rates recklessly. Based on the September meeting, I wouldn't rush to draw "dovish" conclusions. And if the markets have indeed become more "dovish," then why is the dollar rising? Wave outlook for EUR/USD:Based on my analysis, I conclude that EUR/USD continues to build an upward segment of the trend. The wave structure remains entirely dependent on news flow, particularly decisions made by Trump and the domestic and foreign policy of the new White House administration. The targets for the current leg of the trend could extend toward the 1.25 area. The news background remains the same, so I'm staying long, despite the first target near 1.1875 (which corresponds to 161.8% Fibonacci) already being worked out. By year-end, I expect the euro to rise to 1.2245, aligning with 200.0% Fibonacci. Wave outlook for GBP/USD: The wave pattern for GBP/USD remains unchanged. We're looking at an upward, impulsive section of the trend. Under Trump, the markets may face plenty more upsets and reversals, which could seriously impact the wave picture, but for now, the working scenario remains intact, and Trump's policy is consistent. The targets for the upward move are around the 261.8% Fibonacci. At this point, I expect the quotes to keep increasing in wave 3 of 5, targeting 1.4017. Main principles of my analysis: Wave structures should be simple and easy to understand. Complex structures are harder to trade and often signal changes.If you aren't confident in what's happening on the market, it's better not to enter.There can never be 100% certainty about market direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The FOMC meeting could amuse anyone who follows American news even a little. At the end of August, one of the Fed governors, Adriana Kugler, left her post under rather strange circumstances, just a few months before the end of her term. I can already imagine the most expensive champagne being popped open in the White House to celebrate. Trump didn't have to search long for her replacement. He nominated Stephen Miran, who was and still is Donald Trump's economic advisor. Even if you're not an expert in staffing at U.S. government agencies, it's easy to guess that Miran cannot legally hold two positions at once—one directly linked to politics, and the other to monetary policy. But Trump (and I'm convinced this brilliant plan came straight from the U.S. President) found a solution. Miran will simply take an unpaid leave of absence for four months (until the end of Adriana Kugler's term), and during that time will be actively pressing the button for a 50 basis point rate cut at every Fed meeting. In fact, it was his second day on the job, and Miran was the only governor who voted in favor of a half-point rate cut. From the outside, the situation looks like a farce, and Miran's actions only confirm what is obvious to all: Miran was put on the Fed Board of Governors for one reason only—to carry out Trump's directives. It's also not hard to predict that all of Trump's future appointees will simply keep pressing the button for maximum rate cuts. So, if Trump does manage to fill the FOMC with his people, there is no doubt we'll see unprecedented and very fast monetary accommodation. It'll be very interesting to watch as some Fed governors vote to hold rates steady, while others push for cuts of half a percentage point or even a full point. It's also worth noting that only Republicans voted for Miran's appointment. Not a single Republican voted against, and not a single Democrat voted in favor. So, again, there's little doubt that the Senate will also approve all of Trump's future nominees. How could it be otherwise, when there are more Republican senators than Democrats? Thus, all that remains for Trump is to keep pressuring the current Fed governors. The battle with Lisa Cook continues, and so does the one with Jerome Powell. Soon, we may learn the name of the third "lucky" appointee to come under Trump's sights. Wave outlook for EUR/USD:Based on my analysis, I conclude that EUR/USD continues to build an upward segment of the trend. The wave structure remains entirely dependent on news flow, particularly decisions made by Trump and the domestic and foreign policy of the new White House administration. The targets for the current leg of the trend could extend toward the 1.25 area. The news background remains the same, so I'm staying long, despite the first target near 1.1875 (which corresponds to 161.8% Fibonacci) already being worked out. By year-end, I expect the euro to rise to 1.2245, aligning with 200.0% Fibonacci. Wave outlook for GBP/USD: The wave pattern for GBP/USD remains unchanged. We're looking at an upward, impulsive section of the trend. Under Trump, the markets may face plenty more upsets and reversals, which could seriously impact the wave picture, but for now, the working scenario remains intact, and Trump's policy is consistent. The targets for the upward move are around the 261.8% Fibonacci. At this point, I expect the quotes to keep increasing in wave 3 of 5, targeting 1.4017. Main principles of my analysis: Wave structures should be simple and easy to understand. Complex structures are harder to trade and often signal changes.If you aren't confident in what's happening on the market, it's better not to enter.There can never be 100% certainty about market direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The AUD/USD pair has been in a zone of strong turbulence in recent days — on Wednesday, buyers made their presence felt at the 0.6709 mark, while on Thursday, sellers pushed it down to the lower end of the 0.66 range. Such swings are driven not only by the outcome of the Fed's September meeting. The Australian currency has also played a role, sharply reacting to the published labor market data out of Australia. The release did not favor the Aussie. Unemployment in August held at the previous month's level, i.e., 4.2%. On the one hand, this is "stability," but it's important to remember that the unemployment rate is a lagging and shaky indicator. Labor market cooling can manifest in other forms (typically, businesses first reduce new hiring, work hours, and temporary contracts before proceeding to layoffs), and the calculation methodology counts only those actively, officially searching for work (if someone is not officially seeking work, they aren't statistically considered unemployed). In other words, a "stable" 4.2% unemployment rate in this context isn't reassuring, as this figure reflects negative trends with a lag. Meanwhile, more prompt indicators are signaling a deterioration in the labor market. For example, total employment in August fell by 5,000, while most analysts had forecast a 20,000 increase. Moreover, the structure of this indicator shows that the negative dynamic was due to a drop in full-time employment, down by 40,000 jobs. At the same time, part-time employment rose by nearly the same amount (35,000). What does this mean? Overall, it's a negative signal. It may indicate, for example, that employers are cutting costs by moving people from full-time to part-time (fewer hours worked, thus lower wages). Or, it may mean employers don't see sufficient demand for their products (or services), and are therefore unwilling to hire full-time staff. Overall, such imbalances undermine consumer confidence, demand, and ultimately, the sustainability of the economy (rising hidden unemployment, falling real incomes, and slowing consumer inflation). Of course, this only holds if this trend continues — for example, July showed the opposite imbalance: full-time employment increased while part-time employment decreased. Therefore, August's result alone doesn't provide grounds for long-term fundamental conclusions. But the "warning bell" has rung. And this isn't the only such warning. For instance, the August report showed an unexpected drop in the labor force participation rate. For the three preceding months, the indicator was at 67.0%, but in August, it slipped to 66.8%. Most analysts were sure it would be 67.0% again. Overall, the report signals a cooling in the Australian labor market in August. As mentioned above, the Aussie initially reacted negatively to the release but then partially recovered lost ground. Traders quickly absorbed this fundamental factor for one simple reason: a single weak report cannot radically change the broader picture for the Australian dollar. Following the September RBA meeting, all parameters of monetary policy will almost certainly remain unchanged, while the further easing outlook will depend on, firstly, the dynamics of quarterly inflation (Q3 data will be released in October) and on the trajectory of "Australian Nonfarm Payrolls." As we've seen, the Australian labor market performed strongly in July and the opposite in August. Which way the scales tip in September-October (the next meeting after September's is only in November) remains to be seen. That's why market participants didn't dramatize matters, despite the "red numbers" in many parts of the report. What's next? In my view, the AUD/USD pair will now mirror the trajectory of the US Dollar Index; in other words, the Aussie will track the greenback. The Australian dollar isn't able to pull the pair higher on its own, meaning sustained growth in AUD/USD is only possible if DXY sees steady declines. At the moment, AUD/USD can't settle on a direction, as shown by sharp price swings — first in the 0.67 area, then down to the base of the 0.66 figure. In times of such uncertainty, it makes sense to stay out of the market while watching the resistance level at 0.6640 (the upper line of the Bollinger Bands on the W1 timeframe). If the Aussie can consolidate above this level, buyers will probably try to retest the 0.67 area — more precisely, the next resistance at 0.6710, which matches the upper Bollinger Band on D1. However, should the US dollar gain strength again across the market, the Aussie won't be able to hold off AUD/USD sellers — in that case, the pair will once again retreat to the 0.65 area, in the 0.6510–0.6570 range (the upper edge of the Kumo cloud, the middle Bollinger Band, which coincides with the Kijun-sen line on D1). The material has been provided by InstaForex Company - www.instaforex.com

It's sheer chaos! Instead of continuing its rally after the Federal Funds rate cut and the FOMC's "dovish" forecasts, EUR/USD confidently moved south. Investors decided that Donald Trump would fail in dictating terms to the central bank and stripping it of its independence. A serious split within the ranks of the Fed raises doubts about the central bank's commitment to its chosen path. Statistics on jobless claims further fueled bearish pressure. The September FOMC meeting revealed how Trump's people intend to act. Stephen Miran not only voted for a 50-basis-point cut in the Federal Funds rate, but also projected in the dot plot its reduction by 150 basis points! Given the White House occupant's statement that borrowing costs should be closer to 1%, his actions appear logical. The governor is dancing to the president's tune. Trump wants everyone else to do the same. They aren't. Expected Fed Rate Path Miran turned out to be in a clear minority. Other Trump appointees—Christopher Waller and Michelle Bowman—sided with the majority. This means not all officials appointed by the Republican president will follow his instructions. The Fed's independence has stood the test. This emboldened EUR/USD bears to act. In the end, the difference between two and three rounds of monetary expansion in 2025 is not enough for the U.S. dollar to throw in the towel. The greenback was supported by news of the fastest decline in initial jobless claims in almost four years. They fell by 33,000 to 231,000, returning to the low levels seen for much of the year. Dynamics of U.S. Jobless Claims No sooner had Jerome Powell said that the Fed is shifting its focus from inflation to the labor market, as the latter is cooling, when indicators started sending signals to the contrary. If the employment situation is fine, what's the point in cutting rates at all in 2025? Seven out of nineteen FOMC officials see no such point. Two more voted for a single cut. The Committee is divided, which could benefit the U.S. dollar. The latest jobless claims statistics are a story in themselves. Could the sharp drop in the indicator be the new head of the BLS trying to please Trump? The President must be clear about what he wants: turbocharging the economy or lower rates? These goals are at odds with one another. Strong data will keep the Fed from easing monetary policy. Weak data will hurt the President's ratings. Technically, on the daily EUR/USD chart, bears are attempting to return to the fair value range of 1.1600–1.1760. A bounce from support at 1.1760 or a return of the main currency pair's quotes above the pivot level at 1.1825 will provide a basis for forming long positions. The material has been provided by InstaForex Company - www.instaforex.com

Dogecoin (DOGE) has surged 13% this week, climbing to $0.282, despite heavy selling pressure from investors. Over $1.63 billion worth of DOGE, nearly 5.81 billion tokens, have been moved to exchanges in September, signaling profit-taking and caution among traders. Long-term holders, who had previously offered stability, are also shifting assets according to the coin days destroyed (CDD) metric, often a sign of potential downside risk. However, the bullish rally remains strong, mainly driven by optimism about a possible spot Dogecoin ETF launch. This regulatory milestone, along with increasing corporate treasury use and payment integrations, has kept DOGE on the minds of institutional investors. Technical Setup Points to Potential DOGE Breakout Despite mixed short-term signals, technical analysts remain bullish. The Ichimoku Cloud setup shows all four major indicators aligned in favor of buyers, giving DOGE a “perfect +4” bullish score. Support levels sit near $0.255, with resistance forming at $0.287. A decisive break above could push DOGE toward $0.300 and beyond. Trader Tardigrade highlighted that Dogecoin’s consolidation pattern is steadily building momentum. Each resistance test has been met with higher lows, suggesting waning selling pressure. “Eventually, DOGE will break this resistance and reach new all-time highs,” he noted. Meanwhile, analyst Javon Marks set a breakout target of $0.6533, implying a 111% upside from current levels. CoinCodex forecasts also predict DOGE will trade at $0.32 by mid-October, reflecting continued bullish sentiment. Dogecoin ETF Hype and Market Outlook The U.S. SEC’s recent approval of listing standards for spot Dogecoin ETFs has further strengthened the bullish case. The launch of DOJE, backed by REX Shares and Osprey Funds, marks a milestone for meme coin adoption in regulated markets. Corporate participation, such as CleanCore Solutions’ Dogecoin treasury initiative, adds additional credibility and institutional demand. However, risks remain. If DOGE fails to hold above the critical $0.273 support level, analysts warn of a possible correction toward $0.241. Momentum indicators also show overbought conditions, hinting at potential short-term consolidation before any major breakout. With ETF optimism, corporate adoption, and bullish technicals aligning, analysts see a strong case for Dogecoin’s rally lasting into late 2025, with the potential for a breakout that could more than double its price. Cover image from ChatGPT, DOGEUSD chart from Tradingview

Zeus Network is positioning itself at the heart of cross-chain innovation by linking Bitcoin’s unmatched security with Solana’s high-speed infrastructure. If successful, Zeus Network could become a cornerstone of cross-chain adoption, reshaping how value flows between blockchains in the ecosystem. Unlocking New Use Cases For Bitcoin In Solana DeFi Zeus Network is stepping into the spotlight as the project is designed to connect Bitcoin and Solana into one seamless ecosystem, the two most powerful blockchains in the crypto space. SkyeOps, in a post on X, has highlighted the core of Zeus Network’s technology, a decentralized permissionless communication layer that enables interaction between BTC and SOL. This innovative architecture is referred to as Layer 1.5, a hybrid model that leverages BTC security while tapping into SOL performance. SkyeOps identifies APOLLO as one of Zeus Network’s flagship products, a decentralized Bitcoin-paged token zBTC, an application that enables operations natively on the Solana blockchain. According to the analyst, this is a revolutionary step because it allows Bitcoin holders to participate and earn yield in Solana’s vibrant DeFi ecosystem without having to surrender custody of their BTC to a centralized third party. Furthermore, the network utilizes a novel architecture combining ZeusNode and the Zeus Program Library (ZPL) to facilitate secure cross-chain interactions. The Zeusnode serves as the backbone of the network, with a decentralized system of Guardians who validate and sign cross-chain transactions. Meanwhile, Zeus Program Library (ZPL) provides the essential tools that empower developers to build new applications and services that leverage BTC functionality directly on Solana. Bitcoin Liquidity On Solana Hits An All-Time High The founder of Sensei Holdings and Namaste group, Solana Sensei, has also pointed out a major milestone, celebrating the fact that the supply of BTC on the Solana network has hit a new all-time high, surpassing $1 billion for the first time. According to Solana Sensei, bringing the digital gold onto Solana’s high-performance blockchain enables BTC to gain the speed, low fees, composability, and deep liquidity of the most performant L1 in all cryptocurrencies. As a result, Bitcoin can operate at internet scale, enabling instantaneous trading, use as collateral in lending markets, seamless settlement in DeFi applications, and integration with real-world assets. This connection will create a perfect dynamic. Solana supercharges BTC utility, while BTC lends SOL the ultimate credibility and security as the backbone store of value. “Together, they are turning the vision of Web3 into a true global financial layer. My two favorite cryptos are winning,” Solana Sensei noted.

Log in to today's North American session Market wrap for September 18 Today's story was one of a FOMC rate decision that American Markets loved. Between a comeback in the US Dollar and Nasdaq rallying to new highs, traders loved the atmosphere. Tech stocks led the charge after the acquisition news that Nvidia had acquired a stake in Intel, propelling related names like CrowdStrike and Synopsys higher. Still, the Dow Jones closed near the same lows seen during the FOMC’s intraday down-wick, a dynamic that will be worth watching in the coming sessions. By contrast, the Russell 2000 marked fresh all-time highs—a first since November 2024—underscoring the rotation into smaller caps. The underlying theme is one of a Fed independence that finally wasn't gone too far (for now at least). Powell’s not-so-dovish speech reassured US investors that the central bank decision-making is still guided by economic fundamentals rather than political pressure. Repeating what I mentioned on this Gold/Silver piece released earlier, Bowman and Waller, early birds for Rate cut calls got proven right by a degrading labor market which indeed gave them further credibility. For the US Dollar, there is still plenty of ground to cover before reaching pre-August highs, but the price action no longer carries the bearish tone that dominated over the summer. On the geopolitical side, President Trump and UK Prime Minister Keir Starmer appeared in a joint conference, reiterating alignment on the Russia-Ukraine war and broader global issues. While differences emerged on some details, the talks highlighted stronger US-UK unity. Bloomberg also reported that European LNG purchases from Russia are set to be phased out at a faster pace, reflecting the region’s accelerated shift away from Moscow’s energy supply. Read More:Gold (XAU) and Silver (XAG) find selling pressure from the post-FOMC stronger US dollarUS Stock Market rally: Fed’s 25 bps cut, Nvidia-Intel Deal, and strong Jobless Claims fuel gainsNZDUSD weakens sharply after the FOMC, losing 2% in two daysCross-Assets Daily Performance Cross-Asset Daily Performance, September 18, 2025 – Source: TradingView Cryptos and tech related risk-assets have performed well overall today, as the mood got pretty optimistic from the latest rate cut. However, Long-end bonds are getting hammered from higher issuance and a further inverted-yield curve. Commodities also didn't like their session very much, a tighter USD is the culprit of this. A picture of today's performance for major currencies Currency Performance, September 18 – Source: OANDA Labs The largest outstander from today was the Kiwi which got absolutely murdered from the huge miss in their GDP data (-0.9% vs -0.3%) expected, which directly put back more cuts on the table for the RBNZ (check out our most recent NZDUSD analysis!) For the rest, the theme is one of a comeback from the US Dollar which finishes the strongest of majors – An update to our most recent DXY analysis is more than warranted. For the rest, The Canadian Dollar held a decent performance today – Forex seems to get back to interesting points after all the Central Bank Rate decisions. 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. The session is not entirely over for JPY traders and with also a bit of data for NZD: At 18:45, we’ll see the New Zealand trade balance (−$3.94B prev.) and from the UK, GfK Consumer Confidence (−18 cons. vs −17 prev.). Shortly after, Japan releases August CPI (19:30) : headline (3.1% prev.), ex food/energy (3.4% prev.), and ex fresh food (3.1% cons. vs 2.7% prev.) which may preview some changes to the closely followed by the BoJ rate decision (0.5% hold expected) and policy statement, with Markets still on the outlook for any communication regarding future hikes. Friday also has some decent data points, particularly from Europe with German PPI (−1.8% YoY consensus) and UK retail sales (MoM 0.4% cons) both releasing at 2:00 A.M. The BoJ press conference follows at 2:30, key for yen direction and will be closely watch by participants (even as they wake up the day after) – Carry trades are still into play! Later in the day, focus shifts to North America with Canada retail sales at 8:30 A.M. ET (−0.8% MoM estimate) and Fed’s Daly speech closing the week. Safe Trades in this huge Central Bank week! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The market has been gaining momentum in recent weeks, with industry leaders suggesting that the Bitcoin price is only at the beginning of its next major rally. As the digital asset shows resilience against broader market volatility, Adam Back, the co-founder and Chief Executive Officer of Blockstream, a blockchain technology company, has made a bold prediction that Bitcoin at $100,000 is still cheap. The crypto founder believes the flagship cryptocurrency holds far greater potential, predicting its real peak value for this cycle. Why Bitcoin Price At $100,000 Is Still Cheap Back, a long-time advocate of Bitcoin, recently emphasized that the market continues to underestimate BTC’s long-term potential. According to him, debates around diminishing returns from each halving cycle may not fully reflect the current economic climate. The crypto founder pointed out that the most recent halving cycle was impacted by macroeconomic disruptions, such as pandemic-related money printing and global supply chain issues, which may have suppressed Bitcoin’s potential upside. The Blockstream CEO explained that Bitcoin’s previous peak above $73,000 occurred prematurely and should not be treated as the natural top of the last cycle. Instead, he views it as a temporary cap influenced by external economic headwinds. With those obstacles easing and market conditions aligning more favorably, Back argues that a $100,000 valuation for Bitcoin is “too cheap” relative to its true cycle top. Looking forward, the Blockstream co-founder believes Bitcoin could climb significantly higher during this current cycle, projecting a peak in the range of $500,000 to $1 million. This bullish forecast underscores his conviction that institutional adoption, increasing scarcity, and a shifting global economic environment are setting the stage for BTC’s most explosive rally yet. Chart Analysis Suggests BTC Could Hit $124,000 This Week Crypto analysts are also observing strong technical patterns that suggest Bitcoin may be preparing for another significant breakout. IncomeSharks, a prominent market analyst, has projected that BTC could reach $120,000 by the end of the week. His analysis, shared on X social media, is supported by a chart indicating a recovery from recent dips and a potential continuation of the upward trend. Currently, Bitcoin has rebounded from its correction below $108,000 and is now trading above $117,000. IncomeSharks’ chart highlights a “small support break” that has already been recovered, strengthening the bullish case for further price movement. If momentum continues as anticipated, a decisive test of resistance levels near $124,000 appears imminent. Adding to the optimism, market expert Ash Crypto has noted that Bitcoin is experiencing its strongest September in over a decade. Historically, September has often been a bearish month for the cryptocurrency, but this year has shown exceptional resilience. The analyst noted that when BTC closed September in the green, October and November have been “giga bullish.” If this pattern holds, he suggests that the final quarter of 2025 could mark the beginning of a major bull run.

An XRP/BTC long-term chart shared by pseudonymous market technician Dr Cat (@DoctorCatX) points to a delayed—but potentially explosive—upswing for XRP versus Bitcoin, with the analyst arguing that “the next monster leg up” cannot begin before early 2026 if key Ichimoku conditions are to be satisfied on the highest time frames. Posting a two-month (2M) XRP/BTC chart with Ichimoku overlays and date markers for September/October, November/December and January/February, Dr Cat framed the setup around the position of the Chikou Span (CS) relative to price candles and the Tenkan-sen. “Based on the 2M chart I expect the next monster leg up to start no earlier than 2026,” he wrote. “Because the logical time for CS to get free above the candles is Jan/Feb 2026 on an open basis and March 2026 on a close basis, respectively.” XRP/BTC Breakout Window Opens Only In 2026 In Ichimoku methodology, the CS—price shifted back 26 periods—clearing above historical candles and the Tenkan-sen (conversion line) is used to confirm the transition from equilibrium to trending conditions. That threshold, in Dr Cat’s view, hinges on XRP/BTC defending roughly 2,442 sats (0.00002442 BTC). “As you see, the price needs to hold 2442 so that CS is both above the candles and Tenkan Sen,” he said. Should that condition be met, the analyst sees the market “logically” targeting the next major resistance band first around ~7,000 sats, with an extended 2026 objective in a 7,000–12,000 sats corridor on the highest time frames. “If that happens, solely looking at the 2M timeframe the logical thing is to attack the next resistance at ~7K,” he wrote, before adding: “Otherwise on highest timeframes everything still looks excellent and points to 7K–12K in 2026, until further notice.” The roadmap is not without nearer-term risks. Dr Cat flagged a developing signal on the weekly Ichimoku cloud: “One more thing to keep an eye on till then: the weekly chart. Which, if doesn’t renew the yearly high by November/December will get a bearish kumo twist. Which still may not be the end of the world but still deserves attention. So one more evaluation is needed at late 2025 I guess.” A bearish kumo twist—when Senkou Span A crosses below Senkou Span B—can foreshadow a medium-term loss of momentum or a period of consolidation before trend resumption. The discussion quickly turned to the real-world impact of the satoshi-denominated targets. When asked what ~7,000 sats might mean in dollar terms, the analyst cautioned that the conversion floats with Bitcoin’s price but offered a rough yardstick for today’s market. “In current BTC prices are roughly $7.8,” he replied. The figure is illustrative rather than predictive: XRP’s USD price at any future XRP/BTC level will depend on BTC’s own USD value at that time. The posted chart—which annotates the likely windows for CS clearance as “Jan/Feb open CS free” and “March close” following interim checkpoints in September/October and November/December—underscores the time-based nature of the call. On multi-month Ichimoku settings, the lagging span has to “work off” past price structure before a clean upside trend confirmation is possible; forcing the move earlier would, in this framework, risk a rejection back into the cloud or beneath the Tenkan-sen. Contextually, XRP/BTC has been basing in a broad range since early 2024 after a multi-year downtrend from the 2021 peak, with intermittent upside probes failing to reclaim the more consequential resistances that sit thousands of sats higher. The 2,442-sats area Dr Cat highlights aligns with the need to keep the lagging span above both contemporaneous price and the conversion line, a condition that tends to reduce whipsaws on very high time frames. Whether the market ultimately delivers the 7,000–12,000 sats advance in 2026 will, by this read, depend on two things: XRP/BTC’s ability to hold above the ~2,442-sats pivot as the calendar turns through early 2026, and the weekly chart avoiding or quickly invalidating a bearish kumo twist if new yearly highs are not set before November/December. “If that happens… the logical thing is to attack the next resistance at ~7K,” Dr Cat concludes, while stressing that the weekly cloud still “deserves attention.” As with any Ichimoku-driven thesis, the emphasis is on alignment across time frames and the interaction of price with the system’s five lines—Tenkan-sen, Kijun-sen, Senkou Spans A and B (the “kumo” cloud), and the Chikou Span. Dr Cat’s thread leans on the lagging span mechanics to explain why an earlier “monster leg” is statistically less likely, and why the second half of 2025 will be a critical checkpoint before any 2026 trend attempt. For now, the takeaway is a timeline rather than an imminent trigger: the analyst’s base case defers any outsized XRP outperformance versus Bitcoin until after the CS clears historical overhead in early 2026, with interim monitoring of the weekly cloud into year-end. As he summed up, “On highest timeframes everything still looks excellent… until further notice.” At press time, XRP traded at $3.119.

Gold prices are declining for the second consecutive day from record highs after volatility triggered by the Fed's actions. For the second day in a row, gold prices are retreating from record highs after volatility sparked by the Fed's moves. The metal broke below $3658 and the 50-period Simple Moving Average (SMA) on the 4-hour chart, shifting momentum to the downside. This opens the way toward the psychological level of $3600, with stronger support seen in the $3565–3578 level, where the 100-SMA on the 4-hour chart is located. The $3658 level, together with the 50-period SMA, now acts as resistance, capping any rebound attempts from current levels. A breakout above this zone would pave the way for another test of the $3700–$3707 level. A decisive move beyond the record high would trigger continuation of the bullish trend. The Relative Strength Index (RSI) remains in negative territory on the 4-hour chart, reinforcing the bearish momentum. If gold fails to recover above $3658, near-term risks remain skewed to further downside. However, it is worth noting that this is a short-term development, as oscillators on the daily chart remain in positive territory, retreating from overbought conditions, which keeps the broader outlook for gold tilted to the upside. The material has been provided by InstaForex Company - www.instaforex.com

Gold and Silver are subject to immediate pressure as the US Dollar regains strength and reputation after yesterday's FOMC meeting. The challenged independence of the Fed was a major driver behind the immense rally metals enjoyed from late August into early September, as Powell’s shift in tone from the Jackson Hole conference cast doubt on the Fed’s consistency amid still high inflation. Yet the dovish stance advocated by Bowman and Waller, seen as President Trump's protege-appointees ahead of the Sep FOMC—was vindicated by subsequent NFP misses and the downward revisions in BLS data. This is leading to the Federal Reserve regaining back some of its lost confidence throughout the past few months. Dollar Index and Metals comparative Performance since beginning August, September 18, 2025 – Source: TradingView Silver rallied 18.67% from its July 31st trough to its Tuesday peak, while Gold surged from $3,268 on July 30th to fresh all-time highs at $3,707. Despite the ongoing pullback, prices remain near their highs. Still, the balance is tilting towards a more neutral trend: With Powell delivering a less dovish message than markets had priced in, the renewed resilience of the US Dollar could set the stage for tighter price action ahead. Let's dive into two timeframe charts for both Gold (XAU/USD) and Silver (XAG/USD) to see where the current trading takes us and where to look going forward. Read More:US Stock Market rally: Fed’s 25 bps cut, Nvidia-Intel Deal, and strong Jobless Claims fuel gainsNZDUSD weakens sharply after the FOMC, losing 2% in two daysUSD/CAD Outlook: Head and Shoulder Pattern in Play as Fundamentals Provide Interesting DilemmaGold and Silver two-timeframe pictureGold (XAUUSD) Daily Chart Gold (XAUUSD) Daily Chart, September 18, 2025 – Source: TradingView Gold responded remarkably to the technical-Fibonacci induced resistance mentioned in our most recent Gold analysis. We precedently expressed how overbought levels don't imply tops, particularly amid strong performance and momentum. However, Daily RSI is starting to shape downwards and may not help to sustain the current levels. There is still an ongoing consolidation that is happening from the intermediate lows, which demands a closer look. Gold (XAUUSD) 2H Chart and levels Gold (XAUUSD) 2H Chart, September 18, 2025 – Source: TradingView Selling momentum is currently stalling but the bigger timeframe outlook is showing signs of slowdown within the current trend, particularly when seeing the broken upward trendline that led to the new $3,707 All-time Highs. Look for breakouts either above or below the Micro support and resistance zones, with their levels detailed just below. Levels of interest for Gold trading:Support: Micro support $3,620 to $3,630Previous ATH and now long-term Pivot around $3,500 (+/- $15)Previous Range Highs $3,400 to $3,450 (minor support)$3,300 Major Support$3,000 Main psychological levelResistance and potential technical targets (due to all-time highs, can only use potential targets): Micro resistance $3,660 to $3,675FOMC and All-time highs Highs $3,707Fibonacci-Extension 1 from April Lows to April highs ($3,640 to $3,705) (Immediate resistance)Potential, Fibonacci-Extension 2 from 2018 to Oct 2024 induced target: $3,750 to $3,815 (Purple square on Weekly)Silver (XAGUSD) Daily Chart Silver (XAGUSD) Daily Chart, September 18, 2025 – Source: TradingView Since our most recent Silver Analysis, prices did effectively break out of its daily upward channel but found technical resistance (to complement the fundamental resistance) at the higher bound of the Higher timeframe channel (in Blue). Look at the Daily RSI also showing some type of divergence – Overall, despite the action still hanging at the highs, it looks like some intermediate correction might come into play. Let's have a closer look. Silver (XAGUSD) 2H Chart and levels Silver (XAGUSD) 2H Chart, September 18, 2025 – Source: TradingView The selling from this yesterday to this morning's session has stalled a bit and short-term momentum is back to neutral. Prices are now contained between an short-term resistance and support zone, in the ongoing $41.20 to $42 range. Levels to watch for Silver (XAG) trading: Resistance Levels: $42 psychological level and micro-resistance50-Period MA 50 42.17$43 to $44 resistance (Most recent peak $42.97)August 2011 $44.25 topSupport Levels: Micro resistance around $41.20$39.50 to $40 key pivot zone$38.75 to $39 Key levels2012 Highs Support around 37.50 Safe Trades! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Bitcoin is targeting the $118,000 level, reigniting bullish momentum and fueling speculation of a potential push toward a new all-time high. With buyers regaining control after recent volatility, this breakout could open the path toward $120,000 and beyond. Pullback Seen As Final Shakeout Before Rally Crypto VIP Signal, in a recent update, pointed out that Bitcoin experienced a sharp pullback yesterday after news of a rate cut, coupled with remarks from Jerome Powell, triggered a wave of volatility. The decline caught the attention of traders across the market, but the expert’s analysis suggests that this movement is more likely a final shakeout rather than the start of a broader correction. Interestingly, despite the pullback, Bitcoin has quickly shown signs of resilience. This recovery suggests that the underlying demand for BTC remains intact, and market participants are still confident about its bullish trajectory. Crypto VIP Signal emphasized that the most critical level to watch in the short term is $118,000. A successful breakout above this resistance would serve as a strong bullish confirmation, potentially accelerating the rally toward $120,000. If achieved, this would not only mark another key milestone but also signal that Bitcoin remains firmly within a bullish cycle, raising the likelihood of a new all-time high on the horizon. Bitcoin Bollinger Bands Signal Possible Path To $120,000 Based on the latest BTC update from EGRAG CRYPTO, the bullish outlook for Bitcoin is being reinforced by key technical indicators. The report highlights that a decisive close above the middle upper section of the Bollinger Bands (BB) could be the catalyst needed to propel the price higher. Analysts often interpret this technical formation as a sign of building momentum and can spark a breakout from a period of consolidation. If Bitcoin successfully achieves this, it would pave the way for a run toward the significant $120,000 resistance level. The update paints a highly optimistic picture for the short term, suggesting that a new record could be within reach. According to EGRAG CRYPTO, should BTC manage to break through and sustain a price above $120,000 today, it may set a new all-time high. Basically, this milestone might trigger a fresh wave of investor excitement and market liquidity as the price moves into uncharted territory. Despite the strong bullish sentiment, the analysis includes a critical warning for traders. The $117,300 mark is identified as a crucial level to watch. If the price encounters a strong rejection at this point, it could trigger a temporary reversal to the $113,300 support level.

On Thursday, the Japanese yen took a defensive stance against the U.S. dollar. The USD/JPY pair is rising for the second straight day, recovering after briefly dropping to its lowest level since July 7, immediately following the Federal Reserve's rate decision. At the time of writing, the pair is trading near the psychological level of 148.00, up nearly 0.75% on the day. This strength is driven by dollar gains, while traders await two key events on Friday: Japan's national Consumer Price Index (CPI) and the Bank of Japan's final rate decision. The Bank of Japan is expected to keep its benchmark rate at 0.50%, with investor focus on Governor Kazuo Ueda's outlook. The Japanese economy has shown resilience: Q2 GDP was revised to an annualized growth of 2.2%, and the output gap turned positive for the first time since 2023 (+0.3%), signaling a recovery in domestic demand. Inflation remains above target, with key indicators holding around 3%, despite projections of a gradual slowdown to 2% over the next year. Despite stronger growth and above-target inflation, the BoJ is unlikely to rush into tightening monetary policy. Real wages remain under pressure, limiting household consumption, while increased political uncertainty following Prime Minister Shigeru Ishiba's resignation reinforces expectations for cautious central bank action. October and December remain potential dates for a rate hike. Friday's CPI report for August will be decisive in assessing inflationary pressures. In July, annual inflation eased to 3.1% from 3.3% in June. The core index, excluding fresh food, also fell from 3.3% to 3.1% and is forecast to decline further to 2.7% in August, pointing to easing core inflation. Meanwhile, the index excluding food and energy remained stable at 3.4% in June and July, highlighting persistent domestic price pressures. Against this backdrop, the policy divergence remains central. The Fed cut interest rates by 25 basis points for the first time since December 2024, while the BoJ maintains a more cautious stance, keeping policy unchanged but leaving the door open to future tightening as inflation stays above target. From a technical perspective, the breakout above horizontal resistance at 147.50 and the round level of 148.00 favored the bulls, but the pair failed to sustain gains above that level. Still, oscillators have turned positive, confirming an upbeat outlook. Holding above 148.00 would open the way toward the 200-day Simple Moving Average (SMA), currently near 148.70, before testing the 149.00 round level. On the other hand, support is seen near 147.50 ahead of the 147.00 psychological level. A decisive break below this zone would pave the way for deeper losses. The material has been provided by InstaForex Company - www.instaforex.com

On Thursday, the euro began the North American session with a 0.2% gain against the U.S. dollar, recovering part of the positions lost earlier during European trading. The EUR/USD pair is paying little attention to the persistent political instability in France. The political situation in France remains a significant source of uncertainty, with French 10-year government bond yields now exceeding Italian equivalents. The new prime minister is struggling to secure support from the Socialist Party, while hardline remarks by National Rally leader Marine Le Pen on Wednesday fueled speculation about the potential dissolution of parliament or even the resignation of President Macron. As for the U.S. dollar, the dollar index, which tracks the currency against a basket of six major counterparts, shows slight gains after a sharp rebound from this year's new low of 96.14, reached immediately after the Federal Reserve's rate decision. The index is now fluctuating in the 97.40–97.50 level.On Wednesday, the Fed cut its benchmark rate for the first time since December, lowering it by 25 basis points to a target range of 4.00–4.25%. This move had largely been priced in, so market attention shifted to the updated dot plot and Fed Chair Jerome Powell's press conference. The median rate projection for 2025 declined, pointing to an additional 50 basis points of easing to 3.50–3.75% by year-end. Projections for 2026 and 2027 were also revised down to 3.4% and 3.1%, before stabilizing around 3.0%. At the press conference, Powell described the move as a "risk-management rate cut," emphasizing that monetary policy "is not on a preset course" and will be decided "meeting by meeting." He noted that the balance of risks had shifted compared with the start of the year: weakening employment now offsets persistent inflationary pressure. Reaffirming the Fed's commitment to restoring inflation to 2%, Powell stressed there was no broad support for a larger 50-basis-point cut and said the central bank saw no need to rush decisions on rates. Powell's cautious comments helped the dollar strengthen, as traders scaled back expectations for rapid rate cuts. The dollar also found support from fresh U.S. economic data on Thursday: initial jobless claims fell to 231,000 for the week ending September 13, beating forecasts of 240,000. The previous week's figure was revised upward from 263,000 to 264,000. In addition, the Philadelphia Fed manufacturing index for September surged to 23.2, far above expectations of 2.3 and rebounding from -0.3 in August. From a technical perspective, daily chart oscillators are positive, prices are still trading above the 9-day EMA and above the 1.1770 level. The 9-day EMA also remains above the 14-day EMA, confirming the positive outlook for now. Despite the recent pullback erasing much of the bullish momentum, indicators have not yet confirmed a bearish shift. The table below shows the percentage change of the U.S. dollar against major currencies today. The U.S. dollar was strongest against the New Zealand dollar. The material has been provided by InstaForex Company - www.instaforex.com

The wave structure on the 4-hour chart for EUR/USD has remained unchanged for several months, which is very encouraging. Even when corrective waves form, the integrity of the structure is preserved. This makes accurate forecasting possible. I should remind you that wave counts rarely look textbook-perfect. Right now, however, they look very good. The construction of the upward trend section continues, while the news background mostly supports everything but the dollar. The trade war initiated by Donald Trump continues. The confrontation with the Fed continues. The market's dovish expectations regarding Fed policy are growing. Market participants rate the results of Trump's first six to seven months very poorly, despite second-quarter economic growth of 3%. At this stage, it can be assumed that the construction of impulse wave 5 is ongoing, with potential targets reaching as high as the 1.25 level. Within this wave, the structure is fairly complex due to the sideways movement observed over the past month. Still, waves 1 and 2 can be distinguished, leading me to believe that the instrument is now in wave 3 of 5. The EUR/USD rate declined slightly on Wednesday and Thursday, which can be seen as an illogical move. On Wednesday evening, the outcome of the Fed's sixth meeting of the year was announced. Market expectations were entirely dovish. Everyone is now convinced of at least two rounds of monetary easing before year-end. However, given the last four labor market reports and the dubious growth of the U.S. economy in Q2, market participants are now expecting more from the regulator—specifically, two more rounds in addition to Wednesday's. As expected, the FOMC unanimously approved easing, but as I noted yesterday, such a decision does not automatically make the Committee dovish. Most Fed governors lean toward two or three easing rounds this year, including September's. Another cut is "planned" for next year, but clearly the "dot plot" should not be called a plan. Wednesday's decision was one the Fed had no choice but to take. But there is a big difference between cutting rates several times and cutting them at every meeting until they reach a level that satisfies Trump. Wednesday's vote reflected how future Fed meetings will proceed. Mr. Miran, who has been a governor for all of two days, will vote for 50-basis-point cuts at every meeting, Waller and Bowman will push for 25, and everyone else will decide based on economic data. Three doves are not enough to keep lowering rates beyond the currently expected two to three rounds. General ConclusionsBased on this EUR/USD analysis, I conclude that the pair continues to build an upward trend section. The wave structure remains entirely dependent on the news background linked to Trump's decisions and the domestic and foreign policies of the new White House administration. Targets for the current trend may extend up to the 1.25 level. Since the news background remains unchanged, I continue to hold long positions, despite the completion of the first target near 1.1875, which corresponds to 161.8% Fibonacci. By year-end, I expect the euro to rise toward 1.2245, equal to 200.0% Fibonacci. On a smaller scale, the entire upward section is visible. The wave count is not perfectly standard since corrective waves vary in size. For example, the larger wave 2 is smaller than the inner wave 2 in 3. But such cases do occur. I remind you that it is best to identify clear structures on the chart rather than tie yourself to every wave. At present, the bullish structure raises virtually no doubts. Key Principles of My Analysis: Wave structures should be simple and clear. Complex structures are difficult to trade and often change.If there is no confidence in what is happening in the market, it is better to stay out.There can never be 100% certainty about market direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The pound reacted with a slight decline to the Bank of England's decision to keep the interest rate at 4%. The regulator also left open the prospect of a further rate cut later this year due to growing concerns about a resurgence of inflation. The Monetary Policy Committee voted 7–2 on Thursday to keep rates unchanged. Swati Dhingra and Alan Taylor, long-time supporters of a dovish stance, backed another quarter-point cut. Economists had expected such a decision and a split vote. In its accompanying statement, the Bank of England noted that inflation remains above the 2% target and that there is a risk of further acceleration. The regulator also stressed that it is closely monitoring developments in the labor market, where rising wages could fuel inflation. Market reaction to the Bank of England's decision was muted. The pound posted a slight decline as investors digested the news of unchanged rates and the uncertainty surrounding future policy. The Committee also warned that any future cuts would be gradual and cautious, depending on the extent to which underlying disinflationary pressure continues to ease. It added that medium-term inflation risks remain significant in its assessment. "While we expect inflation to return to our 2% target, we are not yet out of a difficult situation," Governor Andrew Bailey said. The Bank noted that greater progress has been made in reducing wage pressures than in lowering prices, adding that the recent rise in inflation could intensify pressure on both. The Bank of England's statements confirm the more cautious tone maintained since the last meeting in August, prompting traders to scale back bets on future cuts. This followed official data earlier this week showing that inflation is nearly double the Bank of England's 2% target and signs of stabilization in the labor market. The situation in the UK contrasts sharply with the Federal Reserve, which on Wednesday cut rates and is expected to follow up with several more reductions. Against this backdrop, medium-term growth of the pound against the U.S. dollar remains likely. As for the current technical picture of GBP/USD, buyers need to reclaim the nearest resistance at 1.3670. Only then will it be possible to target 1.3720, a level that will be difficult to break above. The ultimate target stands at 1.3773. In case of a decline, bears will attempt to regain control at 1.3625. If successful, a breakout of this range would deliver a serious blow to bulls and push GBP/USD toward the 1.3590 low, with the prospect of extending to 1.3555. The material has been provided by InstaForex Company - www.instaforex.com

XRP has been subjected to bold predictions about its future value in the crypto community this cycle. One such prediction came recently from Versan Aljarrah, better known as Black Swan Capitalist, who noted that the stage is set for XRP to hit the $100 mark. Here, he outlined a roadmap on social media that explains how XRP could scale from today’s modest $3 price levels to $100, $1,000, and even beyond. Big Players Need To Start Stacking According to Aljarrah, XRP’s first push to $100 is dependent on accumulation by big players. This is very important, and recent market dynamics have quietly increased this accumulation trend, especially as institutional investors are now anticipating the launch of a Spot XRP ETF anytime soon. Banks, financial institutions, and long-term investors are believed to have been quietly stacking XRP. This steady absorption of supply is creating the perfect conditions for a supply shock. On the demand side, XRP’s growing adoption in cross-border settlements and liquidity transfers provides a strong transactional base. When falling supply meets rising utility, the price could escalate quickly, and as such, the analyst noted that the stage is set for the token to hit the $100 mark. Moving beyond $100 requires factors that are far greater than only accumulation by big players. According to Aljarrah, moving from $100 to $1,000 requires widespread integration into the global financial system. In order to reach the $1,000 mark, the altcoin would need to switch from retail speculation and become deeply integrated into the financial system and become the go-to digital collateral and a preferred settlement layer. In this scenario, banks, stablecoin issuers, and tokenization platforms would rely on XRP for large-scale liquidity management and high-value settlements. This would cause the velocity of money and total value flowing through the XRP network to expand, and each XRP token would carry a larger share of global activity. This demand is enough to push its valuation to $1,000. Recurring $100 And $1,000 Predictions Aljarrah’s forecast aligns with past bold calls from other voices in the XRP community. Analysts such as EGRAG CRYPTO, Austin Hilton, and BarriC, and even discussions within XRP circles on social media and trading platforms, have suggested that $1,000 is possible under adoption in the realm of traditional finance. These predictions vary in their timelines and assumptions but converge on the idea that XRP’s price potential is linked directly to its ability to absorb global liquidity. The idea of XRP going beyond $1,000 and reaching as high as $10,000 under full-scale utility, as Aljarrah suggested, is extreme, but it is possible if XRP reaches its full-scale utility and infinite scalability. At the time of writing, XRP is a long way from reaching the projected $100 and $1,000 price targets. XRP has been inching upward steadily this week. It is now trading at $3.10, up by 2.9% in the past 24 hours.

A surge in supply from the Congo, responsible for 80% of the world’s cobalt output, coupled with tepid demand from the electric vehicle market, saw cobalt prices sink to historic lows at the start of 2025. Copper production in the DRC, with a big chunk owned by Chinese companies, was rising fast – leading to a near 40% jump in the country’s co-product cobalt output in 2024, but in February the country announced a four month ban on exports, extending it again in June. The price of cobalt sulphate entering the EV battery supply chain in China duly responded and is now trading over 90% higher than at the start of the year averaging $6,947 a tonne in August (still nowhere near the 2022 peak of $19,000 per tonne). Cobalt consumption in EV batteries overtook other sources of demand like aerospace several years ago and the impact of the DRC strategy has been swift. The latest data from Toronto-based research consultants Adamas Intelligence tracking EV battery metal deployment in over 120 countries paired with monthly prices shows the cobalt market springing back into life. The size of the battery cobalt market in August totalled an estimated $180.1 million, the highest since December 2022, lifting the value of sales weighted average cobalt contained in tandem. The average value of the cobalt contained in EV batteries is back up above $70 per vehicle, up from less than $40 at the start of the year. In total, installed tonnage of nickel, cobalt and manganese now represent more than half the value of the battery metal basket that came to $1.28 billion in August. That’s despite the accelerating adoption of LFP (lithium iron phosphate) battery chemistries over NCM (nickel-cobalt-manganese). Cobalt use is also being impacted by the move towards high nickel cathodes with chemistries with less than 10% cobalt content now dominant globally. The value of terminal nickel, cobalt and manganese tonnes deployed in EVs, including plug-in and conventional hybrids, sold around the world from January through August this year totalled $4.93 billion. Keeping in mind that the installed tonnage does not take into account any losses during processing, chemical conversion or battery production scrap (often well into double digit percentages), so required tonnes and revenues are meaningfully higher at the mine mouth. Output in the Congo from CMOC, the world’s top producer of cobalt, has been rising while number two producer Glencore warned last month that a significant portion of its cobalt output may remain unsold by the end of 2025. The impact on the market and pricing – should Kinshasa ease restrictions – and when the stockpiled cobalt begins to re-enter the supply chain remains to be seen. The US Defense Department is not waiting for that eventuality, however, and has issued a tender (the first time since 1990) for the supply of 7,500 tonnes over five years. Helpful, but nowhere near enough to mop up supply should Congo decide to reopen the floodgates. For a fuller analysis of the EV battery metals market check out the October issue of The Northern Miner print and digital editions. * Frik Els is Editor at Large for MINING.COM and Head of Adamas Inside, providing news and analysis based on Adamas Intelligence data.

Tax-Friendly States for Retirees: Best Options for High-Income Households Executive Summary: Where you live in retirement can quietly add or subtract six figures from your lifetime tax bill. This guide highlights the most tax-friendly states for retirees, flags common “gotchas” for high earners (capital gains, estate and inheritance taxes, and property-tax rules), and gives you simple checklists and scenarios so you can compare options with confidence. Why State Choice Matters for High-Income Retirees Federal taxes get the headlines. Yet your state can be the difference between easy cash flow and constant drag. If your income comes from investments, business interests, or occasional large gains, the wrong domicile makes every year more expensive. Conversely, the right state lowers your effective rate and protects more of your legacy. Move once, benefit every year. For high earners, the math compounds fast, especially when a liquidity event bumps you into a higher bracket. What Makes a State “Tax-Friendly” for Retirees? For higher-income households, seven levers matter most. When you compare states, weigh each one against your plan. State income tax on wages and investment income (interest, dividends). Rules for Social Security and retirement distributions. Capital gains treatment, including any stand-alone state tax. Estate and inheritance taxes that reduce what heirs receive. Property tax levels plus homestead protections and assessment caps. Sales and use taxes on big-ticket spending and services. Local quirks (county add-ons, surcharges, unique exemptions or credits). Focus on the levers that touch your actual income streams. That’s where the savings show up. Most Tax-Friendly States for Retirees (High-Income Edition) These seven states are frequent winners for high-income retirees because they combine no broad state income tax with predictable property-tax rules and no state-level “death taxes.” Always check county-level differences before you buy; local math still matters. State Wage Income Tax Capital Gains (State Level) Estate / Inheritance Tax Property Tax Notes Florida None No separate state tax None Florida’s Save Our Homes limits annual assessed-value increases on homesteads to the lesser of 3% or CPI and allows portability of the benefit to a new homestead if claimed within 3 years. Texas None No separate state tax None Generally higher property taxes; plan cash flow and use homestead exemptions. Tennessee None No separate state tax None Property taxes are often moderate; competitive overall cost of living. Nevada None No separate state tax None Rates vary by county; sales taxes fund services in lieu of income tax. Wyoming None No separate state tax None Typically low property taxes; popular for simple planning. South Dakota None No separate state tax None Simple statewide framework; property taxes manageable in many counties. New Hampshire New Hampshire has no tax on wages, and its tax on interest and dividends was fully repealed for tax periods beginning on or after Jan. 1, 2025. No separate state tax None No state sales tax; property taxes can be higher – compare town mill rates. Why These Seven Stand Out No broad state income tax is the main driver for high-income retirees with portfolio income. Just as important, these states also do not impose separate estate or inheritance taxes, which preserves more for your heirs. The trade-off to watch is property taxes. Some states keep them moderate, while others rely on property taxes to fund schools and services. Because county rules vary, run the numbers for your exact neighborhood. Precision here pays off. States Often Considered, But Know the “Gotchas” Washington: No Wage Tax, but Capital Gains Apply Washington has no personal income tax, but it levies a capital gains excise tax on many long-term gains: 7% on the first $1 million of taxable Washington capital gains and 9.9% above that, after an inflation-adjusted standard deduction (e.g., $270,000 for 2024). If you plan to sell a business, concentrated stock, or real estate, model this carefully before relocating. One big year can shift the entire calculus. In short, the sale year could be costly. Plan ahead and compare. Estate and Inheritance Tax States Examples include estate taxes in WA, OR, MN, NY, MA and CT, and inheritance taxes in PA, NE, KY and MD; Iowa’s inheritance tax is repealed for deaths on or after Jan. 1, 2025. For high-net-worth families, these state-level “death taxes” can materially reduce what heirs receive, even if your annual income tax is modest. If leaving a large estate is a core goal, scrutinize these states or avoid them altogether. You can mitigate exposure with thoughtful titling, trusts, gifting cadence, and clear domicile documentation. Bottom line: legacy plans and state tax rules must work together. A coordinated plan prevents surprises for heirs. Social Security: Where Benefits Are Taxed (and Where They Aren’t) As of 2025, nine states tax some Social Security benefits (e.g., CO, CT, MN, MT, NM, RI, UT, VT and WV), often with income-based exemptions; West Virginia’s phase-out completes after 2025. For high-income retirees, Social Security is a smaller share of total cash flow, yet it still pays to confirm rules in your target state. A surprise state tax on benefits is an easy frustration to avoid. Check this early. It’s a quick win for peace of mind. Property Taxes and Homestead Rules: The “Other” Big Bill Property taxes vary widely by state, county, and city. Some states cap annual increases for primary residences or offer generous homestead protections. Others lean on property taxes because they lack income-tax revenue. Before you buy, run a realistic five- to ten-year projection based on the exact neighborhood you prefer. Assessment caps: Annual limits on assessed-value growth can stabilize your budget as markets rise. Homestead protections: Some states add creditor protection and tax benefits for primary residences. Senior exemptions: Many jurisdictions provide extra offsets for older homeowners; worth the paperwork. County variation: Two homes a few miles apart can carry very different tax bills because of school and city levies. Because this bill arrives every year, predictability matters as much as the headline rate. That stability helps you budget confidently. How to Compare Tax-Friendly States for Retirees Step 1: Map Your Income Streams List the sources and amounts: wages (if any), pensions, 401(k)/IRA withdrawals, interest, dividends, real-estate income, and potential capital gains. High-income households often face “spiky” years when they sell assets or rebalance portfolios. The right state softens those spikes. Step 2: Model a “Big Gain” Year Many moves are triggered by a liquidity event e.g. selling a business, trimming a concentrated stock, or disposing of investment property. Run side-by-side pro formas across your shortlist. Include any stand-alone state capital-gains taxes, local add-ons, and surtaxes that could apply at large amounts. Step 3: Check Estate and Inheritance Exposure If legacy planning is a priority, favor states with no estate or inheritance tax. If you will keep or buy property in a state that has one, coordinate with your planner on titling, entity structure, and trust design. Domicile clarity is essential when your life spans multiple states. Step 4: Run the Property Tax Math Property taxes are predictable cash-flow items. Estimate the five- and ten-year outlay for the specific neighborhoods you’re considering. In states with caps, confirm how they work, what happens when you remodel, and how portability or “reset” rules apply if you move across town. Step 5: Look Beyond Taxes (Healthcare, Airports, and Family) Low taxes can’t replace top-tier healthcare, direct flight options, or Sunday dinners with your grandkids. Rank the non-tax essentials and give them explicit weight in your decision. The best tax-friendly states for retirees still need to fit your daily life. When the tie is close, lifestyle usually decides it. Write down your top three non-tax priorities and rank states accordingly. Mini-Profiles: How the Top Seven Stack Up Florida No broad state income tax and no estate or inheritance tax. The homestead system and assessment caps provide long-term predictability for primary residences. Major metros offer excellent hospitals and nonstop flights. Sales taxes are average-to-high, but many retirees find the trade-off compelling. Texas No state income tax and no “death taxes.” Property taxes tend to be higher, so budgeting and homestead exemptions matter. The state’s large economy, airports, and business culture appeal to retirees who still consult or invest actively. Tennessee No tax on wages and investment income and no estate or inheritance tax. Property taxes are generally moderate, and the overall cost of living is competitive. Growth around Nashville and other metros brings more amenities and more housing demand. Nevada No income tax and no estate or inheritance tax. Lifestyle perks include abundant sunshine, outdoor recreation, and easy flights. Expect higher sales taxes in some areas and rising home prices near Las Vegas and Reno; run county-level comparisons before committing. Wyoming No income tax and no estate or inheritance tax, with typically low property taxes. Planning is straightforward. However, rural distances and winters can be real factors. Match the location to your preferences and travel patterns. South Dakota No income tax and no estate or inheritance tax. The statewide framework is simple and predictable. Property taxes are manageable in many counties, which helps long-range cash-flow planning. New Hampshire No state income tax on wages and no estate or inheritance tax. There is also no state sales tax. However, property taxes are higher than average in many towns, so compare specific municipal rates before you buy; the town you choose matters as much as the state. Two Quick Scenarios (Numbers You Can Feel) Scenario 1: The Business Sale Profile: A couple sells a closely held business, realizing a large long-term gain. They also expect ongoing portfolio income. Their goal is to minimize taxes in the sale year and beyond. Florida, Texas, Tennessee, Nevada, Wyoming, South Dakota, New Hampshire: In Florida, Texas, Tennessee, Nevada, Wyoming, South Dakota and New Hampshire, there is no state personal income or stand-alone state capital gains tax, so state income-tax owed on a business-interest sale is typically $0 (federal taxes and any transfer/recording taxes may still apply). Washington (caution): Despite no wage tax, Washington imposes a capital gains excise tax on many long-term gains: 7% up to $1 million of taxable WA capital gains and 9.9% above that, after an inflation-adjusted standard deduction. That can materially alter net proceeds when selling appreciated stock or a business interest. For a one-time sale, these differences can be decisive. Run models for both your current and target states before you sign. Scenario 2: The Portfolio Rebalance Profile: A retiree with a sizeable brokerage account wants to trim a concentrated position and shift toward income-oriented funds. They expect six-figure gains this year, then steady dividends and interest thereafter. No-income-tax states listed above: Rebalancing creates no state tax drag, and ongoing investment income isn’t taxed at the state level. Your effective rate stays lower, and your spending power stays higher. Estate/inheritance tax states: Even if annual income taxes are manageable, state “death taxes” may reduce what heirs receive. If legacy is central, domicile and real-property location deserve very careful planning. Run the side-by-side. The answer often jumps off the page. Common Questions About Tax-Friendly States for Retirees “If I spend winters in a low-tax state, do I get the tax benefits?” Only if you establish and maintain domicile based on that state’s rules e.g. time in state, driver’s license, voter registration, primary home ownership, and other ties. Simply snowbirding without true domicile won’t deliver full benefits. Follow the checklist and keep clean records. It’s worth it. “Do sales taxes wipe out my savings?” It depends on how you spend. Many retirees purchase fewer taxable goods and more services and healthcare. Build a realistic budget for your household and compare state and county totals instead of relying on averages. Because spending patterns differ, your own cart tells the truth. Build a simple 12-month spending forecast to see the impact. “What about property taxes?” They can be a swing factor. Look up the exact county and city where you plan to buy, confirm homestead exemptions and senior credits, and model a ten-year holding period. Caps on assessed-value growth can be especially valuable for full-time residents. When in doubt, model the bill forward. Surprises are preventable. Action Checklist Before You Pick a State Build a two-column tax pro forma (current state vs. target state) for the next ten years. Model a liquidity event year if you expect a business sale, RSU vest, or significant stock sale. Confirm estate/inheritance rules anywhere you will own real property or keep major assets. Verify domicile steps (residency days, license, voter registration, mailing, physicians, and advisors). Price property taxes at the county level and confirm homestead/senior benefits and assessment caps. Weigh non-tax essentials: healthcare access, airport proximity, climate, and family. Do these in order, and your decision gets clearer and faster. You’ll avoid rework and keep your advisors aligned. Bottom Line: Choosing Among Tax-Friendly States for Retirees For high-income retirees, the most tax-friendly states for retirees typically combine no broad state income tax, no state-level “death taxes,” and predictable property-tax rules. Florida, Texas, Tennessee, Nevada, Wyoming, South Dakota, and New Hampshire fit that pattern for many households. If you expect a large capital gain, recognize that Washington’s stand-alone capital-gains tax can change the math. And if you plan to leave a significant legacy, avoid states with estate or inheritance taxes, or get precise about how and where you hold property and real estate. Choose deliberately. The right move can pay you back every single year of retirement while preserving more for your heirs in the end. Key Takeaways Seven consistently strong options for higher earners: Florida, Texas, Tennessee, Nevada, Wyoming, South Dakota, and New Hampshire. Washington has no wage tax but does tax many long-term capital gains at 7% up to $1 million of taxable gains and 9.9% above that (after an inflation-adjusted standard deduction). Estate and inheritance taxes still exist in several states; avoiding them can preserve more for your heirs. Property taxes and homestead rules vary widely; run county-level numbers before you buy. Confirm domicile properly to secure the intended benefits in the most tax-friendly states for retirees. The post Tax-Friendly States for Retirees: Best for High-Income first appeared on American Bullion.

Market Insights Podcast (18/09/2025): In today’s episode, we discuss the Federal Reserve’s 25 basis point cut yesterday, the Bank of England’s vote to maintain headline lending rates today, and recent revelations concerning the Swiss National Bank, amongst a renewed wave of franc strength. Join OANDA Market Analyst Kenny Fisher, OANDA Financial Writer Christian Norman, Nick Syiek (TraderNick) and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. 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.

Crypto pundit Pumpius is drawing attention to what he calls the “XRP Endgame,” saying all the key pieces are falling into place for Ripple and its token. According to him, these shifts put XRP in a rare position to rise above other digital assets. Global rules and banking standards are also moving in Ripple’s favor at the same time. Pundit: Institutional Rails And Legal Clarity Cement XRP’s Role Pumpius stresses that Ripple’s victory in its long fight with the SEC is not just a legal win but a turning point. After years in court, XRP now has the strongest legal clarity of any cryptocurrency in the U.S. He also points to Ripple’s launch of RLUSD, its enterprise stablecoin backed by reserves at BNY Mellon. Pumpius notes that this connection matters because BNY Mellon safeguards trillions in assets for global giants, including BlackRock and the U.S. Treasury. Tying a stablecoin to XRP’s payment rails creates what he calls a “stable reserve army” that strengthens trust in Ripple’s network. On the banking front, Pumpius explains that Ripple is not only licensed as a money service business but has also applied for the highly difficult New York banking charter. He adds that Ripple has taken it a step further by applying for a Federal Reserve master account, the highest privilege in the U.S. banking system. If granted, Ripple would not just compete with banks but effectively act as one, placing XRP at the center of financial settlements. XRP ETFs, Ripple’s Global Standards, And Tech Drive Convergence Pumpius notes that nearly 20 XRP spot ETFs are awaiting approval. If greenlit, these funds could open the doors to trillions of dollars from institutional investors and push XRP into the ranks of Wall Street assets overnight. Another major shift is the migration to ISO 20022, a global messaging standard that all major banks must adhere to by November. Pumpius points out that XRP has been ready for this for years, meaning RippleNet can easily connect with traditional banking rails the moment the change takes effect. Additionally, he notes that XRP is in the liquidity tokenization plan of DTCC, the world’s largest settlement utility. At the same time, he notes that the DNA Protocol is quietly developing biometric and genomic identity tools on the XRP Ledger. This step could solve Know Your Customer checks at the deepest level, blending finance and digital identity in a way no other blockchain has achieved. Ripple benefits as he notes the rise of a supportive political environment. A pro-crypto administration is pushing laws that fit Ripple’s long-term playbook. With regulators and policymakers leaning in the same direction, he believes the stage is set for XRP to move into its endgame.

MoneyGram is launching its own entry into the digital custody space with an app designed to hold both traditional fiat currencies and stablecoins. A trial run is scheduled in Colombia before MoneyGram expands to other markets. It’s a carefully planned decision, as most remittances in Colombia come from abroad, usually in USD. The underlying blockchain is powered by Stellar and Crossmint, with customer balances held in Circle’s USDC. While MoneyGram’s new wallet appears to be a good way to bring existing MoneyGram customers into stablecoins, support for other cryptocurrencies is limited. So, it’s a bit of a stretch to say MoneyGram has launched a new digital crypto wallet – it’s more like a cross-border remittance tool that uses USDC as the main currency, similar to how Ripple operates for large banks. MoneyGram’s tool seems less capable than a true digital wallet like Best Wallet. Not only can Best Wallet handle stablecoins and fiat payments, but it also supports a wide range of crypto assets across multiple blockchains. Let’s look more closely at what makes Best Wallet so useful. Best Wallet – A Mobile-First Crypto App Connecting Multiple Blockchains Best Wallet aims to be the only crypto wallet you’ll ever need. It allows you to manage your entire crypto portfolio from a single, easy-to-use mobile interface, even if you’ve never used crypto before. Managing multiple blockchains can be confusing. Even with popular crypto wallets like MetaMask, it can be hard to know exactly what assets you own. Best Wallet simplifies managing, buying, and selling your crypto within a single ecosystem. That means you can make cross-chain swaps between platforms like Solana and BNB without leaving the app. Even if you’re searching for presale tokens, Best Wallet offers an entire marketplace full of vetted presales to choose from, all of which integrate directly with the app. Best Wallet isn’t just convenient, it also uses innovative security features. Your wallet is protected by Fireblocks MPC-CMP technology, so even if you lose your phone, you can download a secure cloud backup to Best Wallet without risking your assets. While you wait for MoneyGram’s digital app to expand coverage to your area, Best Wallet is available now. You can visit the official Best Wallet site for a download link, or if you’re interested in learning more, you can go to our ‘What is the Best Wallet Token’ guide. That’s right: Best Wallet even features its own unique utility token, $BEST. It’s an asset all on its own, but it can also be used to reduce your transaction fees when you swap crypto across the Best Wallet network. That’s especially useful when you’re swapping for new presales, where $BEST will boost your margins. In fact, $BEST holders also gain exclusive access to some presales before they become available to the rest of the market, guaranteeing you’ll be among the first to get cheap tokens before a crypto project takes off. That’s not all. Holding $BEST also grants you the right to participate in the Best Wallet DAO, allowing you to help shape the future of the Best Wallet project. If there’s a feature or blockchain you’d like to see added to the app, this is the best way to make your voice heard. You can download Best Wallet today, but the $BEST token is still in the presale phase. If you buy now, you can secure annual staking rewards of up to 83%. It’s worth holding onto, as our Best Wallet Token price predictions indicate $BEST could reach $0.62 by the end of 2026. Don’t wait, as the $BEST presale has already raised nearly $16M in token sales. So far, the price has reached $0.025655, with an end-of-year release planned for the token. It’s a dynamic presale, so the price will change over time. Purchase $BEST today before the presale ends. All crypto products are volatile. Make sure to always do your own research before investing and only invest what you’re prepared to lose. This article is not financial advice. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/moneygram-stablecoin-app-cross-border-best-wallet/