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XRP price started a fresh increase above the $2.265 zone. The price is now consolidating and might aim for an upward move above the $2.30 resistance. XRP price started a decent upward move above the $2.250 zone. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.2750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.30 resistance zone. XRP Price Consolidates Gains XRP price formed a base and started a fresh increase from the $2.10 zone, like Bitcoin and Ethereum. There was a move above the $2.150 and $2.20 resistance levels. The bulls even pushed the price above the $2.25 level. Finally, the price tested the $2.320 resistance. A high was formed at $2.3294 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2.2750 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.30 level. The first major resistance is near the $2.320 level. The next resistance is $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Downside Break? If XRP fails to clear the $2.30 resistance zone, it could start another decline. Initial support on the downside is near the $2.2750 level and the trend line. The next major support is near the $2.250 level and the 76.4% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.220 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.2750 and $2.250. Major Resistance Levels – $2.30 and $2.320.

In his latest macro-technical analysis, crypto strategist Kevin (@Kev_Capital_TA) has flagged a potentially pivotal moment for Ethereum (ETH), arguing that a confluence of rare monthly chart signals—some not seen in years—could be laying the groundwork for durable altcoin outperformance. Speaking in a video posted June 9, the analyst described the current Ethereum setup across multiple timeframes as “something we’ve never seen before,” drawing comparisons to historical signals that preceded major rallies in 2016, 2018, and 2020. Ethereum Primed For Macro Breakout Kevin emphasized that Ethereum now exhibits strong bullish momentum across its USD pair, dominance chart, and ETH/BTC ratio, pointing to a simultaneous alignment of several high-time frame indicators. “These are things that just don’t pop up every day,” he said. “Matter of fact, these are things that have almost never popped up in such confluence throughout history for Ethereum.” The core of Kevin’s thesis hinges on what he calls a “monthly demand candle”—a large, typically green candlestick that emerges after a protracted correction. Ethereum printed such a candle in May 2025 following nearly a year of sideways chop and five months of drawdown. Historically, these demand candles have marked the start of significant uptrends. Kevin cited analogous structures in 2016, 2018, and during the COVID-19 crash in 2020, all of which preceded multi-month rallies. “This may be the most textbook demand candle we’ve ever had,” he noted, adding that “the last time we saw something like this was before ETH ran for nearly a year with barely any major correction.” Supporting the candle analysis is a synchronized bullish turn in several technical indicators. The Market Cipher momentum wave has clipped into the oversold zone and printed a confirmed green dot buy signal. Simultaneously, the VWAP—volume-weighted average price—has crossed above the zero line, and money flow has started to trend upward. Kevin was explicit about the importance of this configuration: “Let me tell you something: this is a big deal.” The monthly RSI, currently sitting at 51, has not yet broken the crucial 70-level that historically marks the onset of parabolic price action. According to Kevin, “ETH has never even broken 70 this cycle. You haven’t seen what’s possible yet for Ethereum—or for altcoins in general. You’ve seen nothing yet.” He also highlighted the return of whale accumulation, measured through a proprietary “whale money flow” indicator. After exiting ETH positions for over a year—from March 2024 to May 2025—whale flows have shown a V-shaped bottom and are now turning up. “We are now starting to see accumulation durably here,” Kevin said. “You keep hearing that BlackRock’s buying ETH, and I don’t know if that’s reflected in this indicator, but we are definitely seeing whale activity occur on the monthly time frame.” The analyst went further, showing that Ethereum’s stock RSI on the monthly timeframe has not only bottomed out but is now rebounding sharply—a pattern that historically precedes long-duration uptrends. “This is aggressive movement,” he explained, noting that for confirmation, the RSI still needs to cross the 20-level, but emphasized that the current shape of the rebound is stronger than in previous cycles. Ethereum Shows Relative Strength Another key piece of the puzzle is Ethereum’s dominance chart, which tracks ETH’s market cap relative to the rest of the crypto space excluding Bitcoin. Kevin pointed to a potential double bottom on the monthly chart and a newly confirmed MACD momentum shift, the first in over two years. “That’s two years and one month of downtrend finally reversing,” he said. Related Reading: Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight For June Finally, the ETH/BTC pair is showing a near-identical structure to Ethereum’s dominance chart. Kevin believes this confluence is key. “Look at that—wow, that’s funny—it looks the same. You find your major low right where you found it in 2020. The monthly indicators are all curling up.” Still, he remained measured in his optimism, noting that macroeconomic conditions—particularly monetary policy—remain essential for confirming the bullish case. “It’s going to take some monetary policy shifting. We still need inflation to come in line. But the market is living four to six months ahead. If the market starts to sniff out that easing is coming, we’ll see that reflected in asset prices before it happens.” Referencing cycle theory and historical post-halving performance, Kevin argued that ETH’s recent relative strength fits both narratives. “Typically, ETH and altcoins start to outperform Bitcoin in the post-halving year. We’re halfway through that window—and it looks like it’s finally starting.” Looking ahead, he sees Ethereum as the “major key” that unlocks broad altcoin outperformance. “ETH opens the door to soaking up market cap, which will then leak down into mid-caps and small-caps. Everything starts with ETH.” While reiterating that patience is crucial, Kevin concluded with conviction: “The monthly timeframe indicators have never been more historically on our side. I think we’re on the verge of something really big.” At press time, ETH traded at $2,739.

Ethereum price started a fresh increase above the $2,650 zone. ETH is now consolidating and eyes more gains above the $2,850 resistance. Ethereum started a fresh increase above the $2,750 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,850 zone in the near term. Ethereum Price Rises Further Ethereum price started a fresh increase after it found support near the $2,500 level, beating Bitcoin. ETH price was able to clear the $2,600 and $2,650 resistance levels. The bulls pushed the price above $2,750. ETH even spiked above $2,800. A high was formed at $2,832 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. Ethereum price is now trading above $2,750 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,820 level. The next key resistance is near the $2,850 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term. Are Dips Supported In ETH? If Ethereum fails to clear the $2,850 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,650 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. A clear move below the $2,650 support might push the price toward the $2,600 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,750 Major Resistance Level – $2,850

An analyst has pointed out how Toncoin (TON) is currently trading inside a Triangle pattern that could potentially set the stage up for a 40% move. Toncoin Has Been Stuck Inside A Triangle On The Daily Timeframe In a new post on X, analyst Ali Martinez has talked about a pattern that Toncoin has recently been moving inside. The pattern in question is a Triangle from technical analysis (TA), which forms when an asset’s price observes consolidation between two converging trendlines. The upper line of the pattern is likely to be a source of resistance in the future, while the lower one is that of support. A breakout of either of these lines can imply a continuation of the trend in that direction. There are a few different types of Triangles in TA. Three popular ones include the Ascending, Descending, and Symmetrical variations. The orientation of the trendlines relative to each other defines which type a particular triangular channel falls under. In an Ascending Triangle, the upper trendline is parallel to the time-axis. This means that as the price travels inside the pattern, its consolidation shrinks toward a net upside. The Descending Triangle involves just the opposite case; the upper line is sloped downward while the lower one is flat. The third variation, the Symmetrical Triangle, has its trendlines at a roughly equal and opposite slope. In this pattern, the price’s range tightens to a point in a sideways manner. Now, here is the chart shared by the analyst that shows the Triangle pattern that Toncoin has seemingly been trapped within during the past few months: From the graph, it’s visible that the Triangle that the 1-day price of Toncoin has been following looks similar to a Symmetrical Triangle, but it’s not a perfect one; there is a slight bias to the downside. The cryptocurrency most recently found support at the lower line and has since climbed toward the midway point between the trendlines. The coin’s price is now not too far from the apex of the pattern. Generally, breakouts become more likely as consolidation becomes tighter, so it’s possible that TON may be approaching one. According to the analyst, a breakout, if it happens, could potentially end up leading to a 40% move for Toncoin. As for which direction a breakout might take the asset in, Symmetrical Triangles usually have both sides at equal probability. Since the Triangle in the current case is slightly angled down, however, an exit below the lower line may be a bit more likely. It now remains to be seen how Toncoin’s price will develop in the coming days and if the pattern will play any role. TON Price At the time of writing, Toncoin is trading around $3.3, up over 2% in the last seven days.

According to crypto entrepreneur Edoardo Farina, most individual XRP holders could find themselves shut out as inflation and tight budgets squeeze their options. He argues that owning more than 10,000 XRP – which costs about $23,100 at a price of $2.31 per token – has become a barrier for anyone living paycheck to paycheck. Rich List Data Reveals Concentration Based on reports, there are about 6.55 million XRP wallet addresses in existence. Less than 4% of those wallets contain at least 10,000 XRP. A clear majority, over 5 million addresses, hold 500 XRP or fewer. That gap shows how stacked the system is. More than 166,250 wallets sit in the 10,000–25,000 XRP range. Another 159,566 wallets carry between 5,000 and 10,000 XRP. These figures point to a small group with deep pockets, while the rest trail far behind. Inflation Pressures Hit Small Holders Farina warns that rising inflation is forcing ordinary holders to sell just to cover daily needs. He notes, “We’re already seeing people around the world selling their XRP just to buy groceries.” When basic goods cost more each month, people feel they have no choice but to cash out their crypto. It’s a harsh reality. Owning large amounts of XRP has morphed from a luxury into a struggle for survival. Threshold Debate Heats Up He first said 95% of XRP holders risk being priced out. Now he’s raised that warning to 99%. That jump has sparked debate. Some worry it feeds a fear of missing out on a “10,000-XRP club,” while others see it as a wake-up call. Farina questions whether Bitcoin’s rally to about $112,000 really reflects growth, or simply the dollar losing its value. He frames the issue as a tug-of-war between crypto gains and fiat losses. Calls For New Income Streams Instead of selling crypto, Farina urges holders to find extra income. He suggests side hustles or online work as ways to avoid cutting into holdings. “If you truly believe XRP has long-term value, selling it now for groceries is exactly what they want you to do,” he said. His advice pushes people to rethink how they earn and where they live. Crypto markets can move on legal news and product launches, not only inflation. Ripple’s ongoing court case and ETF filings could change XRP’s path. Still, Farina’s message taps into a broader concern: the gap between small and large holders may widen as prices climb. Retail investors can still join in. They just need to pace their buys and stay aware of both crypto trends and everyday costs. Featured image from Imagen, chart from TradingView

CERRO DE PASCO, PERU — Standing on a hilltop over central Peru’s Cerro De Pasco at 4,300 metres above sea level, two sites are visible that show the mining city’s past and potential future. On the left is a gaping open pit where silver, gold, copper and zinc have been mined since the 17th century and around which the city grew. On the right, and further away, is a lake and hill where Quebec-based Cerro de Pasco Resources (TSXV: CDPR) might mine historic tailings while restoring the environment at its El Metalurgista project. The city is located in the central Andes, 250 km northeast of the capital Lima. “We’re not only doing business here in Peru but also cleaning the environment,” Manuel Rodriguez, Pasco’s executive director and president, told The Northern Miner during a June site visit. “It’s a large liability. It’s a very contaminated city, a very poor city where the communities expect this mining [to continue].” Watch a video of the site visit Local communities expect and rely on responsible mining activities not only to drive economic opportunity, but also to ensure a cleaner, more sustainable future for the region, the company says. Last August, the Peru government granted Eric Sprott-backed Pasco a permit to explore and mine tailings there – the first time in Peru that the government has classified a tailings site as an exploration project. Pasco’s potential mining of the site would continue the city’s circular mining economy and take it in a greener direction. Pasco shares rose 8.5% to close at C$0.44 apiece in Toronto, for a market capitalization of C$228.25 million. Earlier the stock hit an almost-five-year high of C$0.45 in intraday trading. Decades of tailings El Metalurgista comprises two sites just southwest of the city. Its Excelsior stockpile hosts more than 70 million tonnes, of which 30.1 million tonnes sits inside the El Metalurgista concession, according to an initial resource from 2020. The stockpile grades at 44 grams silver per tonne, 1.5% zinc and 0.6% lead for 42.9 million oz. contained silver, 437,000 tonnes zinc and 184,000 tonnes lead. After a lunch of local trout and giant cobs of corn that provided needed energy for walking around the site amid the low-oxygen air, Pasco’s senior project manager Alfonso Palacio Castilla gestured at a grassy hill. The 679,200-sq.-metre Excelsior stockpile, now remediated and covered in a geo-membrane, topsoil and vegetation, comprises ore mined from 1952 to 1996. “[But] the material buried under the cover is still…generating acid mining drainage, so this cover isn’t the ideal closure plan,” Castilla said. “The plan is to reprocess this material, muck it out with heavy machinery and take it to the plant.” Next to Excelsior is the 1.15-sq.-km Quiulacocha site, which comprises tailings deposited from the early 1900s to 1992. About two-thirds of it looks like grey mud, and the rest is a lake, turned brownish-red from tailings leaching. Quiulacocha hosts more than 70 million tonnes of tailings grading 1.6% copper, 1.3% lead, 1.2 grams gold and 57.9 grams silver for estimated contained metal of 1.25 million tonnes zinc, 632,000 tonnes gold, 115 million oz. silver, 262,000 tonnes of copper and 770,000 tonnes lead, according to an historic resource. High-grade tailings Pasco is conducting a two-stage drill program to support a resource for Quiulacocha. Between August and November last year, crews completed the first stage of 927 metres across 40 holes. Highlight hole SPT1_4 cut 25 metres from surface grading 53 grams silver, 1.46% zinc, 1.22% lead and 92 grams gallium – an important energy transition metal for its use in semiconductors, LED lights and solar panels. SPT1_5 cut the same width at 54.06 grams silver, 1.65% zinc, 1.23% lead and 79.81 grams gallium from surface. The first eight metres of both holes returned 141 grams gallium and 115 grams gallium, respectively, the company said. The second, 80-hole stage of more than 3,000 metres is to start imminently. Like the first stage, it will use sonic drills, better suited for penetrating tailings slurry and down to hard rock than rotary or diamond drilling. The Quiulacocha resource is targeted for release in the second half of 2026, to be incorporated into a pre-feasibility study, with a feasibility study to follow in about two years, Rodriguez said. Though production would be further down the road, Pasco plans to start producing first at Quiulacocha before determining a timeline for Excelsior’s development. The company is funded for its activities through to the PFS. Eric Sprott, who invested C$5 million in Pasco last November, holds 16.6% of its shares. Mining the slurry Pasco envisions recovering tailings from Quiulacocha using a pump mounted under a floating barge which will suck up the slurry and deliver it to a processing plant through a pipeline. That approach removes the need to use heavy machinery, haul trucks, explosives and roads to move tailings, reducing environmental impacts. The associated costs of such an operation are much lower than at a conventional mine, Rodriguez explained. “When you look at an economic evaluation, if you have $130 per tonne for net smelter return, you will have $40 to $50 mining costs in dollars per tonne. In this case, you have $1 or $2 [because] the mining has already been done.” But he noted that recoveries are also low, since Quiulacocha isn’t a primary ore site. The company is working to increase recoveries through ongoing metallurgical testing that will be part of the PFS. And while mining the tailings looks straightforward on paper, with manageable costs, the scale of the cleanup task given to Pasco by the Peruvian government is large, Rodriguez said. “Shareholders and the market are really looking forward [to developing] this,” he said. “It’s been such a long time and it took so many years and challenges. And in August, we finally got a permit, and so that was really game changing.”

Ethereum exchange-traded funds are in a profound moment. They’ve pulled in fresh capital for seven straight weeks, with nearly $300 million added to Ethereum ETF in the last week. That brings the total to around $1.5 billion in under two months. It’s the longest run of inflows Ethereum ETFs have seen since 2020, and the momentum doesn’t seem to be slowing down. Much of the recent Ethereum ETF inflows is coming from Europe, where crypto regulations are more clearly defined. What’s Driving All This Money? Let’s break it down. First, stablecoins are gaining mainstream traction. Big names like Visa and Stripe are now playing with tokenized dollar payments. That kind of adoption pushes Ethereum into the spotlight, since most stablecoins live on the Ethereum network. Then there’s staking. ETF giants like Invesco and Galaxy have filed to allow staking rewards inside spot Ethereum ETFs. The SEC hasn’t fully greenlit it yet, but a recent statement hinted that staking might not be considered security after all. That’s a big deal. Expect even more investors to pile in if these ETFs can earn passive income through staking. BlackRock and the U.S. Lead the Charge Most of the inflows are coming from U.S.-based spot Ethereum ETFs. BlackRock’s iShares Ethereum Trust (ETHA) leads the pack, pulling in nearly $281 million in one week. It has now seen positive inflows for 15 straight trading days. That’s a strong signal of confidence, especially with institutional money involved. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in May 2025 Wall Street Sees More Than Just Hype According to Bernstein analysts, institutions no longer consider Ethereum a speculative asset. They see its role in powering stablecoin transfers and network fees as a reason to hold it long-term. More activity on the network means more demand for ETH. That’s not just hype; that’s basic utility. EthereumPriceMarket CapETH$337.90B24h7d30d1yAll time Charts Are Heating Up Too ETH recently retested a key trendline after a few failed breakouts. At the same time, open interest in Ethereum futures has climbed to about $40.7 billion. Add in ETF inflows of $400 million over the past week, and you’ve got a recipe for a potential breakout toward the $3,000 mark. Still, some metrics remain lukewarm. Decentralized exchange activity is relatively quiet, meaning the average user isn’t back in full force yet. This rally is still driven mainly by institutions and ETF traders rather than grassroots adoption. DISCOVER: 20+ Next Crypto to Explode in 2025 Bitcoin Loses Steam as Ethereum Gains Fans While Ethereum ETFs are investing new money, Bitcoin funds are seeing the opposite. More than $600 million was pulled out of Bitcoin investment products last week. Some of that money will likely rotate into Ethereum, especially as ETH gains ground with narrative and utility. What to Watch in the Weeks Ahead All eyes are now on the SEC. If regulators officially approve staking for spot Ethereum ETFs, the floodgates might open even wider. Investors looking for income and upside could see ETH ETFs as a best-of-both-worlds play. At the same time, Ethereum’s developers keep building. The latest upgrade, called Pectra, improves scalability and performance. If network usage picks up, that strengthens the argument for ETH as financial infrastructure, not just a token. This Feels Like a Warm-Up Seven weeks of inflows tell us that Ethereum is winning back attention, not just from traders but from big institutions and asset managers. Between staking, network upgrades, and stablecoin adoption, ETH is shaping up to be more than a trade. It’s starting to look like a core piece of the next-generation financial system. The main event could be just around the corner if this is the pre-show. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Ethereum ETFs have seen seven straight weeks of inflows, pulling in around $80 million and catching the attention of institutional investors. ETH’s rising momentum comes after ETF approval in the U.S., signaling growing legitimacy in traditional finance circles. Europe is leading the charge, with most Ethereum ETF inflows coming from markets with clearer crypto regulations. Ethereum’s utility across DeFi, NFTs, and stablecoins, along with its proof-of-stake model, makes it attractive to ESG-conscious investors. If inflows continue, ETH could gain ground on Bitcoin in investor portfolios as spot ETFs launch and regulatory clarity improves. The post Ethereum ETFs Keep Climbing: Seven Weeks of Inflows and Counting appeared first on 99Bitcoins.

Brian Quintenz is back in the spotlight. The former CFTC commissioner, now Trump’s pick to lead the agency again, has one thing that sets him apart from other candidates, a crypto-heavy resume. And that’s raising a few eyebrows in Washington. Supporters say Brian Quintenz understands blockchain tech and could help modernize the CFTC’s approach to digital assets. From Regulator to Crypto Insider (and Possibly Back Again) After leaving the CFTC in 2021, Quintenz didn’t just retire quietly. He jumped headfirst into crypto, joining Andreessen Horowitz’s crypto division (a16z) as its global head of policy. Not exactly a subtle move. Now, he’s been tapped to return to the CFTC, the very agency he once helped lead. His financial disclosure form is filled with crypto-related holdings. We’re talking millions in a16z-linked assets and board seats at crypto-adjacent firms like Kalshi and Next Level Derivatives. That’s a lot of skin in the game for someone who might soon be writing the rules again. Will He Step Back From It All? The obvious question is, can someone that close to the industry really be expected to regulate it fairly? Quintenz says yes. If confirmed, he’s promised to resign from his crypto roles, sell off related investments, and recuse himself from decisions tied to his former affiliations. He’s not the first person to move from industry to government, and probably won’t be the last. But the timing and volume of his crypto ties make this nomination particularly tricky. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What He Brings to the Table On the flip side, Quintenz is no rookie. He’s been in the trenches, pushing for more precise crypto regulation even before it was cool. He’s long argued that the CFTC should take on a stronger role in overseeing digital assets, especially with no clear securities angle. BitcoinPriceMarket CapBTC$2.18T24h7d30d1yAll time He’s also known for being fairly pragmatic. Instead of pushing flashy headlines, he tends to focus on workable policy. That’s won him support among crypto industry insiders, who see him as someone who “gets it.” DISCOVER: 20+ Next Crypto to Explode in 2025 Crypto Community Loves It, Critics Not So Much The crypto world is watching this one closely, and many are cheering. For them, Quintenz represents a regulator who actually understands blockchain tech and who might bring some sanity to the current patchwork of rules. But others see a big red flag. With many financial interests connected to the crypto space, even a well-intentioned regulator could face tough ethical landmines. And the perception of bias can be almost as damaging as the real thing. What Comes Next? The Senate still needs to weigh in. Hearings will cover his ethics promises, past crypto ties, and his vision for the CFTC’s future. If confirmed, Quintenz could shape how the U.S. handles crypto for years to come, possibly steering the CFTC toward a more central role in digital asset regulation. Why This Nomination Actually Matters This pick is more than just a personnel move. It’s a signal about where crypto oversight might be headed. Do lawmakers want someone who has hands-on experience with crypto? Or do they see that as getting too cozy with the industry? Either way, this could be a turning point. If Quintenz gets through the Senate, the CFTC may become the go-to agency for crypto. That could mean faster regulatory clarity, fewer turf wars with the SEC, and maybe, just maybe, smarter rules that actually reflect how crypto works in the real world. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Brian Quintenz, former CFTC commissioner and a16z crypto policy lead, has been nominated to return as head of the agency. His deep ties to the crypto industry, including investments and board seats, have raised conflict-of-interest concerns in Washington. If confirmed, Quintenz says he will sell off crypto-related assets, resign from current roles, and recuse himself from relevant decisions. Supporters see him as a practical policymaker who understands blockchain tech and has long pushed for CFTC leadership on crypto rules. His nomination could shape the future of crypto regulation, potentially making the CFTC a leading agency in digital asset oversight. The post Brian Quintenz Tapped for CFTC Return With Deep Crypto Ties appeared first on 99Bitcoins.

U.S. Critical Materials Corp. and Idaho National Laboratory (INL) have entered into a Phase II Cooperative Research and Development Agreement (CRADA) to establish a pilot-scale processing plant capable of producing rare earths domestically. The facility will process high-grade ore from the company’s flagship Sheep Creek deposit in Montana, which holds critical minerals and rare earths including neodymium, praseodymium, niobium, strontium, samarium, scandium, and heavy rare earths such as gadolinium, terbium, dysprosium, and yttrium. The Utah-based privately held company has reported rare earth samples from 125 feet underground at its flagship property that exceed the grades of any other domestic rare earth resource. Since early 2024, Phase I CRADA researchers have confirmed the high concentrations of gallium and rare earth elements in the Sheep Creek ore body. Sheep Creek also contains high grade gallium, which will be one of the first minerals to be processed—and is vital for national security applications, the company said. This initiative, it said, aligns with President Trump’s March Executive Order declaring a National Emergency over America’s reliance on foreign adversaries for these strategic materials. For decades, the United States has been dependent on China for rare earth supply chains—China controls the mining, processing, and refining of these essential elements. Amid the geopolitical drama incited by a turbulent trade war, China’s export controls on metals vital across the defence and tech sectors spotlight the urgent need for more robust domestic supply chains. INL is globally recognized for its expertise in Advanced Separation Science and Engineering and serves as the US Department of Energy’s primary Separation Sciences R&D Testbed. US Critical Materials said INL scientists will contribute technical expertise to ensure the pilot plant integrates environmentally responsible refining processes that can scale to full production. The pilot facility will now validate proprietary processing methodologies at scale, ensuring full-scale production capability for America’s defense needs, the company said. The objectives, it said, are to reduce U.S. reliance on adversarial nations for critical minerals, secure a domestic supply chain for rare earths used in defense systems and advance mineral processing technologies essential for national resilience. Pilot plant capacity will be 1 to 2 tons of ore per day, based on a validated bench-scale flow sheet. It will also emonstrate innovative mineral processing and separation technologies and establish intellectual property and scalable domestic production capabilities for critical materials. “There is no more pressing national security issue than securing America’s supply of rare earths and critical minerals,” Jim Hedrick, US Critical Materials president and former USGS rare earths commodity specialist said in a statement. “These materials are the backbone of our military, energy, and technological dominance. This pilot plant will accelerate the development of next-generation separation and refining methods to ensure America no longer relies on foreign adversaries for resources essential to national defense.”

Ethereum is showing renewed strength after climbing above the $2,600 mark with ease, holding firmly above key support levels as bulls attempt to reclaim momentum. The move comes after weeks of range-bound price action, and while the breakout attempt has gained attention, traders are now watching closely for confirmation through a decisive push above the next resistance zone. So far, ETH has held up well despite broader market volatility. With buyers back in control, the focus has shifted to whether Ethereum can break through the upper boundary of its current range and begin a sustained move higher. Without follow-through, price risks slipping back into consolidation, frustrating bullish positioning. Top analyst Big Cheds recently shared a technical analysis highlighting that Ethereum is now pushing into weekly range highs, specifically a zone defined by a cluster of upper shadows and the underside of the 200-day moving average (DMA). This region has repeatedly acted as resistance, rejecting previous rally attempts. Ethereum Bulls Eye Breakout Confirmation Ethereum is at a critical juncture as bulls push price toward the $2,800 resistance — a level that must be decisively cleared to confirm a breakout and transition into a full bullish phase. After a sharp rebound from April’s low, where ETH traded near $1,400, the asset has surged more than 90%, reclaiming key moving averages and breaking through previous short-term resistance levels. Momentum is clearly building, but Ethereum now faces its most important test. The $2,800 zone marks the top of the current range and coincides with multiple technical barriers. Cheds highlighted that ETH is now trading into weekly range highs, where a cluster of upper shadows has repeatedly rejected price. This region also aligns with the underside of the 200-day moving average (DMA), reinforcing it as a major zone of resistance. According to Cheds, the bear thesis fails if ETH can flip $2,750 into support — a level that would likely signal trend reversal and sustained upside. However, macro risks remain. US Treasury yields continue to climb, reflecting concerns over inflation and tighter financial conditions. Rising yields often put pressure on risk assets, including cryptocurrencies, by pulling liquidity out of speculative markets. Despite these headwinds, Ethereum’s structure remains strong. As long as bulls maintain pressure and defend higher lows, the path toward reclaiming $3,000 becomes more probable. A confirmed breakout above $2,800 would likely trigger increased participation, both from technical traders and investors sidelined by recent volatility. Until then, ETH remains rangebound — but the momentum is clearly shifting in favor of the bulls. ETH Reaches Key Resistance Zone After Breakout Ethereum is currently trading at $2,688 on the 4-hour chart, after a strong breakout from a multi-day ascending triangle structure. The move was backed by rising volume and a clean reclaim of all major moving averages — the 50 SMA ($2,558), 100 SMA ($2,571), and 200 SMA ($2,535) — which now act as support beneath price. ETH has pushed directly into a key resistance zone between $2,690 and $2,735, highlighted by several previous rejection wicks. This area has acted as a supply zone since mid-May, capping every breakout attempt and leading to swift pullbacks. The current test marks Ethereum’s fifth attempt to break above this level in recent weeks, which increases the odds of a potential breakout, especially if bulls maintain momentum and volume remains elevated. However, if ETH fails to clear this zone, a pullback toward the 200 SMA or the $2,600 level is likely, especially if volume tapers off. The structure remains bullish in the short term, with higher lows forming and buying pressure increasing. A confirmed 4H close above $2,735 would signal breakout confirmation and likely trigger a push toward $2,900–$3,000. Until then, ETH remains rangebound — but bulls are clearly pressing on the door. Featured image from Dall-E, chart from TradingView

As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely watching for signs of the long-awaited altcoin season. In a recent analysis, a crypto market expert shared key insights on the best time to buy altcoins, offering strategic guidance for traders looking to position themselves ahead of the next potential market rally. When To Position For The Altcoin Season As the Bitcoin price continues its upward trajectory, the speculation about an impending altcoin season remains a recurring theme across crypto communities. However, a Bitcoin Dominance chart shared by ‘Stockmoney Lizards,’ a pseudonymous crypto analyst on X (formerly Twitter), challenges the narrative that an altcoin season is imminent. Drawing on personal experience and market cycles, Stockmoney Lizards explains that the repeated cries of “altcoin season is here” are often premature and misleading. The analyst revealed that the true altcoin season, the period where even the lowest-quality coins tend to skyrocket, is often the final phase of the crypto bull run. It begins when Bitcoin Dominance breaks below the 60% support level, signaling a market-wide shift into altcoins. Notably, the analyst has shed light on how and when to position ahead of the altcoin season. Instead of buying altcoins based on hype or assumptions of immediate gains, Stockmoney Lizards suggests a more disciplined strategy: accumulate only at extreme oversold levels. This is typically when the Relative Strength Index (RSI) on the 4-hour or daily time frame drops below 25-30, reflecting capitulation. According to the market expert, these moments offer the best entry points for short-term rebounds, where altcoins deliver explosive moves of about 50% to 200%. The analyst further highlights that the primary objective is to take profits and rotate them back into Bitcoin. This approach not only maximizes gains but also minimizes exposure to prolonged drawdowns that usually follow the euphoric phase of the market cycle. Bitcoin Dominance Influence On AltSeason According to Stockmoney Lizards, the current behaviour of BTC.D, trading firmly between a well-defined channel, indicates that the market is still in the early to mid-phase of a bull run. Typically, this phase is dominated by Bitcoin, not altcoins, and history shows that institutional capital prefers to build positions in the flagship cryptocurrency before moving to riskier lower-cap assets. Notably, Bitcoin’s rising dominance in the market is not seen by the analyst as a bearish signal for altcoins in the long term. Instead, it is perceived as a healthy sign of a maturing bull market. He disclosed that the real altcoin season doesn’t begin until BTC.D decisively breaks down from its channel and drops to historical lows. Until then, Bitcoin’s strength reflects institutional accumulation and market confidence. Stockmoney Lizards reveals that retail investors often misinterpret this as a signal to chase altcoins, only to be caught holding bags as BTC continues to outperform. The analyst concludes that the altcoin season breakout will eventually come, but only those who position smartly by letting Bitcoin lead and waiting for alts to reach oversold extremes will be best prepared to capitalize on the market rally.

Ethereum is making waves in the crypto market, pushing into key resistance levels following an impressive 14% surge over the past few days. This upward momentum has put bulls firmly in control, igniting optimism among investors as the second-largest cryptocurrency by market cap tests critical thresholds. The recent rally has brought Ethereum close to a pivotal juncture, where breaking through higher levels could confirm sustained bullish momentum and potentially signal the start of a broader uptrend. Top analyst Daan recently shared an insightful analysis, highlighting that Ethereum remains rangebound between approximately $2,475 and $2,735. This consolidation zone has proven to be a battleground, with the price repeatedly testing its boundaries. Notably, Ethereum has now retested the range high of $2,735 for the fourth time, a level that has acted as both support and resistance in recent weeks. The price has also swept both the highs and lows within this range, suggesting a period of indecision that could precede a significant move. For bulls to maintain their dominance, clearing this resistance will be crucial. Failure to do so might invite renewed selling pressure, keeping the market on edge as traders watch for the next catalyst. Ethereum Clears Range Highs But Needs Confirmation Ethereum stands at a decisive level following a robust push into resistance, marking a critical moment for the cryptocurrency’s trajectory. After a notable surge, the price has tested key thresholds, drawing sharp attention from market participants. Sentiment remains deeply divided, with some analysts anticipating a breakout to higher prices, fueled by the recent momentum, while others predict an imminent correction as overextension risks loom. This uncertainty is compounded by global tensions and macroeconomic instability, which continue to drive volatility across financial markets, keeping traders on edge. Daan’s recent analysis provides a detailed perspective, noting that Ethereum remains rangebound between approximately $2,475 and $2,735. Within this zone, the price has swept both the highs and lows, reflecting a period of consolidation. Significantly, Ethereum has now retested the range high of $2,735 for the fourth time, a level that has repeatedly served as a psychological and technical barrier. According to Daan, this prolonged range play suggests that a breakout—either upward or downward—is on the horizon, likely triggering a substantial move. However, he cautions that until such a breakout occurs, it’s prudent to avoid overcommitting to either bullish or bearish positions. The analyst points out that over the past few weeks, traders have repeatedly bet on breakouts in both directions, only to face choppy conditions that often result in losses. This pattern of indecision has left many investors “chopped up,” as premature bets fail to materialize. With global economic uncertainties adding pressure, Ethereum’s next move hinges on whether bulls can decisively clear the $2,735 resistance or if bears will capitalize on a potential reversal. Until clarity emerges, the market remains a battleground of competing forces. Price Action Details: Key Levels To Clear Ethereum is trading at $2,690.46 on the 1-day chart, following a period of consolidation after a sharp decline. After finding support near $1,750 in April, ETH formed a tentative ascending triangle pattern, with recent price action testing key moving averages. The 50-day SMA ($2,310.51) and 100-day SMA ($2,077.91) have been breached upward, while the 200-day SMA ($2,657.01) remains a critical resistance, aligning with the current price zone. This move suggests short-term resilience, setting the stage for a potential test of the $2,750 resistance, a level retested four times since early 2025. A decisive daily close above $2,750, supported by rising volume, could pave the way for a push toward $3,000. The chart reveals rising lows since April, indicating accumulation and renewed buyer interest, particularly around the $2,500-$2,600 range. Increasing volume during recent upticks adds credibility to the breakout attempt, reducing the likelihood of a false move. If ETH holds above $2,500, the trend leans bullish. However, a rejection at $2,750 might drive the price back to the $2,250-$2,400 support zone. The market remains rangebound between $2,475 and $2,735, per analyst Daan’s insights, with a breakout likely to trigger a significant move. All eyes are on whether ETH can clear $2,750 to confirm upward momentum. Featured image from Dall-E, chart from TradingView

Log in to today’s North American session Recap for June 10. The session hasn't been too volatile as markets brace for tomorrow's key US CPI release where markets will get further information on the impact of the infamous Trump Tariffs. On that aspect, even with the TACO (Trump Always Chickens Out) developments, there is still an extra 10% base tariff on all US imports that will surely impact inflation outlooks for the upcoming months–even with less tariffs expected overall. US and China ongoing talks in London are reported to be going well. In that aspect, US negotiators are working all around the world, with US-India talks also progressing and discussions with Iran not looking as rosy – One of the themes that is restraining an ever-more risk-on mood in Financial Markets. The picture in Crypto is also looking decent with BTC hanging close to the $110,000 mark and other altcoins enjoying from the positive mood in the Crypto landscape. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

In a recent post on X, crypto analyst Grayhoood observed that Solana (SOL) is currently showing signs of a bullish trend. Over the past 24 hours, the price has climbed by 2.8%, with candlestick charts revealing a noticeable upward trajectory. Solana Stochastics And CCI Signal Short-Term Strength Earlier in the day, SOL briefly dipped to around $151 but managed to recover steadily, reaching a current price of $155.35. Grayhoood pointed out that this short-term strength is consistent with Solana’s 7-day performance, which shows a modest 1.4% increase. However, the longer-term outlook remains volatile, with SOL still down by 3.9% over the past year. Grayhoood revealed that technical indicators are suggesting a cautiously optimistic outlook for SOL. As price action continues to show signs of recovery, the Relative Strength Index (RSI) is likely positioned in a neutral zone, indicating the recent uptick. This positioning allows space for further gains, but also signals a potential shift into overbought territory if SOL’s price surges too rapidly. The Stochastic Oscillator and Commodity Channel Index (CCI) also point to short-term bullish momentum, especially with SOL breaking through the $154 resistance level. These indicators suggest that buyers are regaining control. However, Grayhoood cautioned that while momentum appears to be building, the recent price dip observed earlier in the day reveals that sellers are not entirely out of the picture. Recovery Gains Traction, But Yearly Losses Still Weigh In To further reinforce his claim, the analyst pointed to Solana’s moving averages, which currently present a mixed but insightful technical outlook. In the short term, the 7-day and 14-day moving averages hint at a hold or mild buying pressure. This aligns with SOL’s recent bounce from $151 to $155.35, signaling that momentum may be shifting in favor of the bulls. However, when viewed from a broader lens, long-term averages continue to reflect lingering weakness. The 30-day and yearly trends, which show declines of 9.3% and 3.9% respectively, suggest that the larger market remains cautious. These figures reveal that while the recent gains are encouraging, they have not fully reversed the bearish structure seen over the past months. Overall, the analyst believes that despite the volatility seen over the past few weeks, market sentiment is beginning to lean bullish in the short term. Solana’s recent performance, supported by its ability to reclaim key levels and maintain upward momentum, offers a more favorable outlook heading into the near future. If current trends persist and key resistances are successfully challenged, the path may open for a broader shift in sentiment.

XRP might be gearing up for a bullish run of epic proportions, accompanied by a similar crash of epic proportions. Particularly, a new technical analysis suggests that the XRP price may be preparing for one of its most explosive moves yet, followed by what the analyst calls a historic crash. This analysis comes amidst a backdrop of XRP reclaiming $2.2 in the past 24 hours, with the next outlook on reclaiming $2.3. Echoes of 2017: Hidden Bullish Divergence Reappears In a detailed breakdown shared on the social media platform X, crypto analyst JD (@jaydee_757) drew parallels between the current setup of XRP’s price action and its 2017–2018 market cycle. Back then, XRP printed a hidden bullish divergence (HBD) on the Stochastic RSI indicator, which acted as a powerful signal for an eventual 20x surge. According to the analyst, XRP appears to be repeating the same structural formation, with a new hidden bullish divergence now confirmed once again on the two-week timeframe. As shown in the two-week candlestick timeframe chart below, XRP has already broken out from a multi-year symmetrical triangle dating back to its peak in 2018. This breakout, paired with the hidden bullish divergence, sets the stage for a biblical price move. JD projects an immediate upside continuation once the current smaller triangle consolidation pattern resolves to the upside. This parabolic upside continuation is likely to push XRP toward levels last seen during its all-time high. In this case, the analyst projected a price move above the double-digit threshold, with a target around $17. Post-Rally Warning: 90% Crash Projection Follows However, JD’s analysis is not without caution. Just as the 2017 rally ended in a dramatic 94% crash from $3.4 to the $0.2 range, the analyst warned that the anticipated surge could lead to a similar fate. This trajectory is illustrated clearly in the chart above. After the anticipated euphoric move upward is complete, JD projects a sharp reversal toward a designated pink box area on the chart. This region, although not labeled with a specific price, lies well below current levels and may cause XRP to crash from double digits to below $1. Unfortunately, the majority of traders and investors could get rekt if they chase XRP near the peak. This follows similar behavior in 2018, where the parabolic rally was followed by an equally violent sell-off that trapped many traders at the top. As of now, XRP continues to coil within its consolidation triangle, and the breakout direction will likely determine the short-term fate of the cryptocurrency. XRP is currently trading at $2.28, up by 2.4% in the past 24 hours. A convincing break above the $3 mark would be necessary to invalidate the resistance of the current smaller triangle consolidation pattern and confirm the start of a parabolic move. Until then, there’s still a possibility that XRP will be rejected again at the triangle’s upper trendline.

Traders are constantly seeking the next opportunity to elevate their results. A common challenge, however, is that many focus on the same popular products and patterns. So, how can one differentiate their approach? One effective way is to explore less commonly traded currency pairs. While some might be concerned about liquidity issues with certain financial products, the Forex market is globally the most liquid. Even the least traded major forex pairs offer ample liquidity and unique opportunities. Following our recent analysis of AUD/CAD, we now invite you to discover how trading NZD/CAD can open new horizons, potentially generating alpha – returns that outperform the broader market or average trader. Read More: How to Trade AUDCAD Effectively - Exploiting the Range Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from days to seconds. It may also show how central banks can work together with blockchain technology. Hong Kong And Australia Test Digital Cash According to reports, the project will use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to handle transfers. The goal is simple. Move money in real time and make sure both sides get what they expect. Phase two kicks off with Hong Kong authorities and their counterparts in Australia. They will swap e-HKD for A$DC and aim for instant settlement. Based on reports, this setup could serve as a model for other central banks. Chainlink Tools In Use Chainlink is not just a name in the mix. It brings two big pieces of tech to the table. CCIP handles the cross-chain messages, acting like a bridge between different blockchains. The Digital Transfer Agent, or DTA, deals with compliance. It keeps track of who owns what token and makes sure rules in different countries are met. In May, World Liberty Financial tapped Chainlink for cross-chain stablecoin transfers covering USD1. That earlier deal hinted at what’s possible this time around. Big Names Join The Pilot Visa and ANZ are helping with payment processing for e-HKD and A$DC. Asset managers Fidelity International and ChinaAMC will also take part. Their job is to manage the tokenized funds on both sides. This mix of banks, asset managers and tech firms shows the project is more than a small test. It has real money and real risks involved. Reports disclosed that those risks are managed by a Payment-versus-Payment model. This means funds are only released when both sides confirm they have received the other asset. Market Moves And Reactions LINK, the token for Chainlink, jumped by 6% after news of the pilot broke. It now trades at $14.70. That rise follows a wider market rally driven by hopes that Bitcoin may hit $110,000 before the week’s end. According to market data, crypto traders often chase big targets. Short-term gains can be tempting. But they can also lead to quick sell-offs if the main story fades. Despite the rally, Bitcoin still tracks the equity swings rather closely. There is a mix of bulls and bears in futures data that suggests some people are not yet convinced this run will last. High volatility can shake out weaker hands at the first sign of trouble. A sudden change in risk sentiment or a fresh macro shock can quickly reverse gains. Featured image from Imagen, chart from TradingView

Quant (QNT) crypto is sitting pretty at slightly above $120. The big question, though, is whether it will smash past $200 by month’s end. At $122, QNT crypto has a ways to go—just another 63% leap to hit $200. As hefty as it sounds to ask for it in under three weeks, it has never climbed to above $400, so big moves aren’t out of the question, but the timing is tight for this sprint. (QNTUSD) DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Will QNT Crypto Break $200 by June’s End? QNT has shown consistent crypto growth, with an over 60% rise this past 12 months, from a $75 low to the current $120 range. Its all-time high of $427.42 shows potential for major pumps. However, achieving a 63% increase in under three weeks would require exceptional market momentum, which the current trends do not fully support. Recent projections estimate QNT reaching $139 by June 13 and up to $155 by the end of June. If these figures are met, they will reflect a 13-26% increase, falling short of the $200 target. While a breakout above $150 can signal very bullish momentum, current analyses forecast a ceiling low below $200 for June, barring unexpected catalysts. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year Impact of Recent Developments, Market Sentiment, and Technical Indicators QNT’s selection as a pioneer partner in the European Central Bank’s Digital Euro project enhances its long-term prospects. This partnership drove a price increase from $98 to above $115 last month. However, its short-term goal of reaching $200 remains limited without major surprises like announcements or milestones. Market highlights Ethereum, Solana, and SUI as stronger candidates for June gains, especially with their technical setups and network developments. QNT, while fundamentally sound, is less frequently cited for short-term outperformance. Its steady growth makes it a reliable long-term hold, but it’s likely not to lead the pack in June. QNT Relative Strength Index (RSI) is also hovering at 65, still considered neutral momentum in crypto, although closing to an oversold level. The current RSI level indeed has room for upward movement, but no immediate signs of a breakout are expected. (QNTRSI) Interest in QNT in online discussions is also moderate compared to other altcoins. This, too, shows its lack of the immediate hype needed for a rapid 60% rally. QNT may not reach $200 this month, but it has steady gain potential, as shown this past year. QNT’s role in the Digital Euro project also supports long-term value. QNT is one of the crypto coins to watch. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Will QNT crypto break $200 by June’s end? QNT’s recent developments, market sentiment, and technical indicators The post WILL QNT Crypto Break $200? Is Quant Crypto the Best Altcoin to HODL in June? appeared first on 99Bitcoins.

The Dollar Index has been maintaining below the key 100.00 Psychological Zone after a steep downfall since the beginning of 2025 and is currently right in the middle of the Major Forex currency board. The US Dollar has recently benefited from several tailwinds: de-escalating US-China trade tensions, underscored by ongoing talks between key officials in London; a stronger-than-expected US Non-Farm Payrolls report; and a Federal Reserve that remains reluctant to cut interest rates. The current US Federal Funds rate, holding at 4.50%, notably stands among the highest interest rates within major OECD economies, further supporting the greenback – The FED is still expected to keep its main policy rate unchanged at the upcoming meeting on June 18th. This is still not enough for Dollar buyers to push the index above the 100.00 mark. Let's take a look at the intra-day timeframes to spot what prevent the dollar to break the barrier and any signs of breakout to the upside or the downside. For a look at the bigger picture, please refer to the article below: Read More: Dollar Under Pressure - Dollar Index Higher Timeframe Analysis Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Dateline Resources (ASX: DTR) has gained further political support in its bid to develop what could be America’s second rare earth mine following the public backing of US Secretary of the Interior Doug Burgum. Speaking to Fox News this past Sunday, Burgum emphasized the importance of the Colosseum mine project in California, calling its revival a “pivotal step” towards bolstering America’s supply of critical minerals. This endorsement, says project owner Dateline, “underscores the strategic importance of Colosseum in reducing US reliance on overseas sources for rare earth elements.” It follows an earlier approval by the Interior Department of the company’s existing mining plan. Shortly after Burgum’s public backing, Dateline’s management team led by director Stephen Baghdadi met with Burgum at the Department of the Interior headquarters in Washington, D.C., to discuss the next steps for the project. The discussion highlighted the mine’s potential to contribute to the US supply chain for rare earth elements, which are essential for advanced technologies and national security, “sooner than any other known deposit” in the country, Dateline said in a press release. The Australian miner added that Burgum, joined by senior appointees from the DOI and President Donald Trump’s National Energy Dominance Council, “reaffirmed his commitment to bolstering US rare earth production, expressing specific enthusiasm for the Colosseum mine.” Sitting along California’s Walker Lane Trend, the Colosseum project is conveniently situated 10 km north of the Mountain Pass mine held by MP Materials (NYSE: MP), the only producer of rare earths in the US. Dateline’s project already has a rich history of mining dating to the California Gold Rush era. Industrial-scale gold mining took place on the property in the late 1980s under the ownership of Canada’s LAC Minerals, producing a total of 344,000 oz. from two open pits until its closure in 1993. Barrick Gold then held the project for two decades but conducted minimal activity. Similarity to Mountain Pass Dateline took over the Colosseum project in 2021 and has since reviewed work undertaken by the USGS to identify radio metric signatures for the Colosseum – Mountain Pass corridor. Upon completion of its review, Dateline’s team concluded that the project shares the same geological setting as Mountain Pass, which started production in 1952 and was a primary global source of rare earth elements (REE) from the 1960s to the 1990s. Technical assessments suggest the potential for REE-bearing ore within Colosseum’s claim boundary, Dateline said. However, due to its location within the Mojave National Preserve, the project has been stalled in recent years. The Colosseum project currently has no estimated resources for REE, only a JORC-2012-compliant gold resource of 1.1 million oz., with about two-thirds in the measured and indicated categories. A scoping study in August 2024 outlined an eight-plus-year mine life averaging 75,000 oz. of gold production per annum. Dateline closed Tuesday’s trading session in Australia down 20% at A$0.10 a share, for a market capitalization of A$281.4 million.

Dogecoin skidded to a low near $0.168 last week before snapping higher to trade around $0.19 on Tuesday morning, up roughly six percent over 24 hours. The rebound unfolded in lock-step with bitcoin’s own recovery from the technically charged $106,800 level to just above $109,000, re-invigorating short-term dip-buyers across the memecoin complex. Dogecoin Needs To Conquer This Price Level Technical analyst Kevin (@Kev_Capital_TA) argues that the Fib defence has restored bullish structure—but only up to a point. “After coming down to the .382 Fib Dogecoin finally found the support it needed along with BTC finding support at 100K,” he wrote. “As it goes for the immediate future of **DOGE it has a lot of work to do. Big resistance at .19-.21 cent range will need to be broken in order to head back up to that .26-.28 level. Indicators on the daily time frame look bullish.” Bitcoin’s behaviour therefore remains pivotal. Spot BTC is hovering near $109,000 this morning and has so far defended the $106,800 pivot flagged by several high-profile analysts, including Michael van de Poppe, as the “linchpin for a potential rally”. Should Bitcoin extend toward the $120,000-$130,000 band, Kevin argues that Dogecoin will decouple from its dependence on the benchmark “when dominance tops and the market sniffs out easing monetary policy.” Crypto pundit Chandler (“@ChandlerCharts”) is less sanguine. Overlaying DOGE’s four-day price against DOGE/BTC, market cap and a relative-strength oscillator, his graphic highlights three prior compression phases—shaded grey—where the memecoin failed to sustain outperformance against Bitcoin. “Even if DOGE breaks above its November highs, it won’t feel great if DOGE/BTC ends up way lower than it was at the November highs,” he cautioned. Chandler calculates that with BTC at $107,600, Dogecoin would have to print roughly $0.52 simply to reach a higher high against Bitcoin. “If BTC runs to $120-130k, DOGE needs to be around $0.60+ for holding DOGE to make sense over BTC.” That threshold underscores the importance of the $0.19-$0.21 supply zone visible on both analysts’ charts. On Kevin’s canvas it coincides with the 0.618-0.703 Fib cluster; on Chandler’s, it overlaps the upper edge of an eighteen-month value area that has repeatedly rejected upside probes. A decisive close above $0.211 would place the May 11 summit at $0.2597 back in play and, more importantly for bulls. For now, traders are watching two numbers: $106,800 on Bitcoin and $0.21 on Dogecoin. A clean break of the latter would validate Kevin’s bullish roadmap toward $0.26-$0.28 and, by extension, keep alive the possibility of Chandler’s higher-high scenario on the DOGE/BTC cross. Until then, the memecoin’s fate indeed “remains in the hands of BTC’s capability in heading higher.” At press time, DOGE traded at $0.19.

Karelian Diamond Resources (LON: KDR) has registered its Lahtojoki mining concession in the Finnish land registry, advancing its plan to develop what could become the European Union’s first diamond mine. This registration, handled by the Finnish mining authority TUKES, allows the company to proceed with further development plans for the Lahtojoki diamond deposit, which is known for its high-quality gem diamonds and potential for significant economic returns. TUKES had previously approved the concession and is also responsible for issuing the mining certificate. Karelian noted that a hearing on compensation matters related to the project has been postponed until the Fall 2025, potentially impacting the timeline for full-scale operations. Lahtojoki is known for its high-quality gem diamonds, including rare pink and coloured stones that can fetch up to 20 times more than typical colourless gems. The company believes the diamondiferous kimberlite pipe has the potential to support a profitable, low strip ratio open-pit operation. The Dublin-based company is simultaneously exploring and advancing other assets in Finland, containing nickel, copper and platinum group elements. It is also advancing exploration at a site in the Kuhmo region where it aims to discover the source of a rare green diamond it found in 2022.

Credit: Tudor Gold Tudor Gold (TSXV: TUD) has agreed to acquire American Creek Resources (TSXV: AMK) in an all-share deal that would increase its interest in the Treaty Creek project in northwest British Columbia. Tudor currently owns 60% of Treaty Creek, which hosts a large gold-copper porphyry system alongside several other mineralized zones across a 179-sq.-km land package. The property borders Seabridge Gold’s KSM — the world’s largest undeveloped gold-copper project — to the southwest and Newmont’s Brucejack property to the southeast. The remaining 40% interest is split evenly between American Creek and Teuton Resources (TSXV: TUO). Under a letter of intent signed last week, Tudor will acquire American Creek by issuing shares on a 0.238-for-1 basis, which, based on spot prices, represents a premium of 40%. This would increase its stake in the project to 80%. American Creek’s shares jumped 9.1% to C$0.12 at Tuesday’s open, with a market capitalization of approximately C$52 million. Tudor fell about 1.8% to C$0.54 apiece, giving it a C$139.6 million market capitalization. Following completion of the merger, American Creek shareholders would own approximately 30% of the combined company. “Our acquisition of American Creek cements our interest in the Treaty Creek project, which hosts one of the largest gold discoveries in Canada with excellent potential for expansion and additional gold-copper discoveries, at a reasonable per ounce of gold equivalent cost,” Joe Ovsenek, CEO of Tudor Gold, stated in a press release. “We also believe that through the consolidation of our two companies that operating costs will be more efficient and Tudor will be better positioned to secure future exploration and development capital,” American Creek’s CEO Darren Blaney added. The Treaty Creek project is anchored by the Goldstorm copper-gold-silver deposit that has an indicated mineral resource of 27.9 million oz. in gold-equivalent and an inferred resource of 6 million oz. With these estimates, Goldstorm is considered to be one of the largest gold discoveries in the last 30 years, Tudor said. Before Tudor’s involvement in the project, Treaty Creek already had a rich exploration history that can be traced back to the late 1920s. Still, complete records of exploration activity can only be found for the 80s, when Teuton, led by Ed Kruchkowski, staked the claims and made several discoveries through option agreements. Tudor took on the project in 2016 to follow up on prior work by American Creek, leading to the Goldstorm discovery that year.

The morning session in Forex is a quiet one with only the UK Jobs report that was released overnight. The Data for the United Kingdom, release at 2:00 A.M. E.T. came out weak and GBPUSD has started to build a top on the charts. The Unemployent Rate elevated slightly to 4.6% from 4.5%, with lower average earnings. This release may console the Bank of England towards the continuation of their cut cycle that has started in last August, taking the UK's main policy rate from 5.25% to the current 4.25% with progressive 25bps cuts. The precise number for the jobs report was 89K with the last release at 112K. We will dive into a technical analysis for GBPUSD starting from the daily and going towards the hourly timeframes. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Inflation news is affecting Bitcoin, with the BTC price pacing just below $110,000, trading at $109,480 after briefly punching through that resistance earlier in the week. Crypto traders are now looking to June 11’s Consumer Price Index release, a potential spark or a wet blanket, depending on how the numbers land. Meanwhile, the Producer Price Index very likely could tank the market as well; the PMI services and manufacturing prices report is also abhorrently bad. Most likely the Fed will wait on cutting rates. As long as there is the tariffbullshit, no deals, the deadline not over, it’s all irrelevant. The first cut will be in September, if at all. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year Inflation News: Bitcoin Sentiment Reaches Greed Zone Even with no hope for rate cuts, market sentiment is soaring, with traders anticipating another potential rally to all-time highs. However, Bitcoin’s entry into the so-called “Greed” zone is ringing alarm bells for some analysts. Historically, this sentiment level has signaled a market nearing its peak, often followed by a retracement. “Bitcoin’s momentum is strong, but the Greed zone warrants caution. Over-optimism could precede a correction,” noted one market analyst. BitcoinPriceMarket CapBTC$2.18T24h7d30d1yAll time 99Bitcoin’s analysts peg a 0.2% monthly increase, which would tick the yearly rate up to 2.5% from April’s 2.3%. A hotter inflation readout could snap Bitcoin’s rally, potentially dragging it toward the $108,000 support zone as wary investors reassess their risk tolerance. Conversely, inflation coming in softer than forecast could deliver a lifeline to Bitcoin’s upwards momentum. A year-over-year rate of 2.1%, for instance, might be the catalyst to flip bearish narratives and clear a path past $110,000, potentially en route to smashing through previous highs around $112,500. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Institutional Buying Fuels Optimism Strategy, formerly known as MicroStrategy, dropped over $110 million to scoop up 1,045 BTC, sending a clear message about where institutional confidence lies. Meanwhile, the broader market is keeping a cautious eye on geopolitical uncertainties. U.S.-China trade tensions have crept into focus as Treasury Secretary Scot Bessent meets with China’s Vice Premier over semiconductor export rules. The outcomes from this high-stakes chess match could ripple well beyond the two nations, with potential shocks to global markets. Where Does Bitcoin Go From Here After Inflation News? Where are we? At its current levels, Bitcoin finds itself at a crossroads. With technical indicators favoring buyers but external factors weighing heavily, the following scenarios could unfold based on the CPI report’s outcome: Negative CPI Surprise: Higher-than-expected inflation could trigger a drop to $108,000 or lower, intensifying bearish sentiment. Positive CPI Surprise: Softer inflation could reignite bullish momentum, pushing Bitcoin past $110,000 and potentially targeting $111,980. For now, Bitcoin traders and investors are holding their breath, waiting for the critical CPI data. With institutional buying lending support and Bitcoin’s status as an inflation hedge gaining traction, this week could set the stage for the next big move in the cryptocurrency market. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Inflation news is affecting Bitcoin, with BTC pacing just below $110,000, trading at $109,480 Dollar bulls are stuck. Bitcoin isn’t exactly flying either, but it’s holding firm. The post How Will Bitcoin React to CPI Data: What Does Inflation News Mean For FOMC Bitcoin Play? appeared first on 99Bitcoins.