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Iamgold (TSX: IMG; NYSE: IAG) says new assay results from Nelligan and Monster Lake in central Quebec deliver new high-grade hits that extend mineralization. In zone 36 at Nelligan, drill hole NE-25-239 cut 20.6 metres grading 1.93 grams gold per tonne from 330 metres depth and 13.5 metres at 2.17 grams, including 1.5 metres at 6.62 grams gold, the company said Monday. The Renard zone featured hole NE-25-244 with 24.5 metres at 3.24 grams gold from 851 metres downhole. At Monster Lake’s Megane zone, drill hole ML-25-29 returned 9 metres at 23.4 grams gold, including 5 metres at 40.7 grams gold, Iamgold said in a news release. “The results continue to expand the mineralized envelope of Nelligan and intersect high-grade veins at Monster Lake, demonstrating the potential to expand the current resource,” BMO Capital Markets mining analyst Matthew Murphy said in a note on Monday. “This drill program continues to outline what could be a compelling organic growth option.’ The results underscore how Iamgold is looking beyond its primary Côté gold mine in Ontario to build a pipeline of advanced projects in Quebec. By expanding Nelligan’s broad mineralized envelope and hitting high-grade veins at Monster Lake, the company is demonstrating the potential to grow resources in a mining-friendly jurisdiction where majors are already active. Shares peak Shares in Iamgold rose 2.9% by mid-Monday in Toronto to a 13.5-year high of C$15.90, valuing the company at C$9.16 billion. They’ve traded as low as C$6.07 in the past 52 weeks. Like most gold miners buoyed by record bullion prices, they’ve almost doubled this year. “These results confirm our decision to continue to increase our exploration activities within this camp,” Iamgold President and CEO Renaud Adams said in a release. “When you combine Nelligan with the high-grade satellite Monster Lake deposit, there are nearly 9 million oz. of resources in this mining camp already, positioning Nelligan among the largest gold projects in Canada with significant potential for further growth.” Next steps include further step-out drilling at the Nelligan and Monster Lake camps, which lie about 15 km apart and are accessed via road some 60 km southwest of Chibougamau, a region about 700 km north of Montreal. The company also plans infill drilling where spacing is wide, and refinement of geological and structural models to guide deeper, lateral and regional targets. Vertical and down-plunge potential at both Monster Lake’s high-grade veins and Nelligan’s mineralized horizons will be a focus. Drilling program Between January and April, Iamgold completed 11,583 metres of drilling across 27 diamond drill holes at Nelligan, of which 24 were infill within the resource shell and three were deeper holes testing down-plunge extensions at depth. Mineralization was intersected over a strike length of about 1.8 km and from vertical depths of about 350 to over 1,000 metres. Additional highlights at Nelligan included drill hole NE-25-244 which intersected 7.5 metres at 4.28 grams gold from 682 metres depth in zone 36. At the Renard zone, drill hole NE-25-239 cut 13.5 metres at 3.15 grams gold from 616.5 metres downhole. At Monster Lake, 16 diamond holes totalling 10,137 metres of drilling were completed between December and early June. This comprised 12 delineation holes around the existing resource block model and four deeper holes testing plunge and lateral extensions of the Megane zone and the Lower Shear zone. Nelligan contains 102.8 million indicated tonnes at 0.95 gram gold for 3.1 million oz. of contained gold, and 166.4 million inferred tonnes at 0.96 gram gold for 5.2 million oz, as of the end of last year. Monster Lake’s resource, in an underground mining scenario, is reported as 239,000 indicated tonnes grading 11 grams gold for 84,200 contained oz., and 1.05 million inferred tonnes at 14.4 grams gold for 488,500 ounces.

The US dollar finally breaks its range ahead of Wednesday's FOMC as market participants keep placing their pre-Meeting bets. After holding between 97.50 to 98.50 since August 11th, the Dollar Index has failed to hold support to start this week to regain lows reached in the previous week's downward fakeout. With Equities rallying to their continued highs, hopes for a dovish cut are extremely optimistic which could lead to some furious reactions. This move notably weakening the US Dollar also assisted majors like the British Pound and the Aussie to reach new highs. As a matter of fact, despite the odds for 50 bps retracting from 10% to 4% since Thursday, the US dollar still broke support which could be due to position closing or hedging (more on this in the EURUSD analysis) – Some mean-reversion buying is happening as I write this piece which deserves a close look. The Euro is also getting close to its August 22 peak which got reached right after Jerome Powell's Jackson Hole speech – As the FOMC approaches, let's have a look at levels for the EURUSD and the Dollar Index. Read More: Guide to the FOMC statement and September SEP: Key takeaways and what to watchWTI Oil Rallies 1% After Ukrainian Attacks on Russian Oil Facilities, Russia Sanction Calls GrowEURUSD 4H Chart – close to new monthly highs but forms a convergence EURUSD 4H Chart, September 15, 2025 – Source: TradingView Buyers took the most traded currency pair to about 120 pips from its Monthly highs and will have to do more work to reach new highs. A short-term bearish convergence (where a lower high in price = lower high in RSI) could prevent further movement – Don't forget that even if Market had to retrace from here, rangebound consolidation could impede much movement before. Nonetheless, the action is still evolving in an upward channel which should be monitored for breakout/continuation scenarios. A dovish cut from the FED could easily propulse the pair to new yearly highs (currently 1.1830) and vice-versa, but looking at the charts and recent price action, downside reactions could be heavier on a hawkish FED (which would also trigger many other Markets to revert). Keep a close eye on pre-FOMC trading in the pair, the highest it goes, the more dovish the expectations for Wednesday. Levels of interest for EURUSD trading: Resistance Levels: 1.1780 September 9th highsMain resistance 1.18 to 1.1830 (yearly highs)1.20 psychological level and 2021 highsSupport Levels: 1.1750 Intermediate Pivot (+/- 150 pips)1.1650 Key support1.16 Main support1.1470 Pivotal Support (bearish below this)Dollar Index (DXY) breaks its range support, what next? It is surprising to see that the range that held so strongly amid many dovish data points (dovish NFPs, last week's CPI and PPI) just before breaking at the weekly open. These days, everything can happen in Markets but in the past, action tended to stay more rangebound throughout the first few days of the week before the Wednesday meetings. However, everything is possible! A test of the past week fakeout-lows is approaching and breaching it could lead to further technical downside. However, the fundamentals of players putting more positions right before the FOMC are not adding up too much, so my guess would be that participants are currently hedging for a potential 50 bps cut, leading to the current moves. Watch the 97.25 lows, buyers are currently mean-reverting right just above these lows. Levels to watch for the Dollar Index: Support Levels: 97.40 to 97.80 Range Support (currently getting broken, fakeout?)Last Pivot before run-higher 97.15 Zone acting as Key Support2025 Lows Major support 96.50 to 97.00Resistance Levels: 98.00 Mid-Range pivot98.50 to 98.80 Resistance ZoneMid-line of the ascending channel and psychological level 99.50100.00 Main resistance zone Safe trades and a successful FOMC 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.

Bitcoin has been the undisputed leader of the crypto market, but the balance of power is starting to shift. Recent market moves indicate that Bitcoin’s dominance is slipping as altcoins surge into the spotlight, driven by institutional interest and network upgrades. While Bitcoin remains the anchor of the digital asset space, altcoins are carving out their own narratives, and investors are beginning to take notice. Bitcoin Consolidates While Altcoin Captures Momentum In an X post, full-time crypto trader and investor, Daan Crypto Trades, has been observing a significant trend in the crypto space. Bitcoin’s dominance (BTC.D) is still trending lower, which shows that altcoins are currently outperforming the market leader. Daan points to the possibility of a crazy end-of-cycle run for altcoins, which could see BTC dominance drop to the 48-49% level. He notes that this is a level where he would personally consider scaling out of his altcoin positions more aggressively. While Daan sees the potential for a short-term drop in Bitcoin’s dominance, he remains bullish on BTC and ETH for the long term. The expert emphasizes that these two assets will always be his main long-term holdings, and doesn’t expect them to lose a significant amount of market share over the next decade. However, their market share will likely increase over time, but that doesn’t mean traders get to play some nice volatility in between. Analyst Fabdarice has highlighted a compelling trend from 2025 on-chain data. Ethereum whale holdings are rising, while Bitcoin whale balances continue to trend down. This divergence mirrors the surge in institutional demand for ETH and the growing recognition that Ethereum is emerging as a credible store of value, not just a utility asset. For the first time, ETH and BTC are being treated as equals on the institutional playing field. Bitcoin remains the original reserve asset of crypto, but Ethereum’s dual role as both infrastructure and wealth preservation is reshaping investor behavior. The ETH/BTC Ratio As A Market Sentiment Indicator Popular crypto commentator CryptosRus has also provided a key insight into the current state of the market by highlighting the significant disparity between Ethereum’s and Bitcoin’s performance relative to each other. CryptosRus pointed out that the ETH and BTC ratio hit its all-time high of 0.148 on June 12, 2017, fueled by the ICO-mania bull run. However, the expert observes that in 2025, the ETH/BTC ratio averaged a mere 0.027, showing how much ground Ethereum has lost against Bitcoin over the years. Despite ETH’s role as the backbone of DeFi and its growing institutional presence, it has yet to repeat that level of relative dominance.

Your Friendly Guide to Buying Gold and Silver with Blanchard Thinking about adding gold, silver, or rare coins to your portfolio? You’re not alone—generations of investors have turned to precious metals to build and protect wealth. But if you’re new to this world, you might have a few questions. Good news: we’ve got answers! Below, we’ve put together a quick Q&A to walk you through how buying with Blanchard & Company works and why so many investors trust us with their portfolios. Q: How do I purchase gold and silver through Blanchard? A: It’s simple! You can place a secure order online or give us a call at 1-800-880-4653, Monday through Friday, 7 a.m. to 7 p.m. CT. Whether you’re interested in bullion coins, silver bars, or historic pre-1933 U.S. gold, we make the process easy and secure. Q: What types of precious metals can I buy? A: You’ll have plenty of options: · Gold and silver bullion coins and bars – a straightforward way to invest. · Pre-1933 U.S. gold coins – combining investment value with historic charm. · Rare numismatic coins – for collectors who want something truly unique. This mix lets you choose between practical bullion or historically significant pieces that tell a story. Q: What payment methods are accepted? A: We keep it flexible so you can pick what works best for you. Options include: · Wire transfers (fast and efficient—our top recommendation) · Checks (personal, business, cashier’s checks, or money orders) · Credit cards (Visa & MasterCard online up to $20,000; American Express accepted by phone with no limit) · Cryptocurrency (Bitcoin and others, up to $50,000 online) · PayPal/Venmo (up to $20,000 online) · ACH transfers (up to $2,500 online) With so many choices, paying for your investment is never a hassle. Q: Where should I store my gold and silver? A: Great question—storage is key! Here are the most common routes: · A home safe for convenience. · A bank safety deposit box for traditional security. · Third-party storage facilities if you prefer professional, insured solutions. · Precious Metals IRAs if you want to include eligible gold in a retirement account. It’s all about balancing security and accessibility to match your comfort level. Q: What’s the return policy? A: We want you to feel confident when you buy. Here’s how returns work: · Bullion coins – all sales are final. · Exchangeable common date coins – you can swap for the same denomination and grade within 10 days. · Rare coins – return within 10 days for a full refund (including shipping) if you’re not satisfied. This gives you peace of mind, especially with numismatic coins. Q: Can I sell my gold and silver back to Blanchard? A: Absolutely! The process is just as smooth as buying: 1. Get a quote by calling 1-800-880-4653. 2. Ship your items using our secure instructions. 3. Receive payment by check once your metals are inspected. Simple, straightforward, and fair. Q: Why choose Blanchard? A: For more than 50 years, investors have trusted Blanchard to help them diversify and grow their portfolios. We offer transparent policies, flexible payment, and a reliable buyback program. Whether you’re brand-new to precious metals or a seasoned collector, we’re here to make sure your investments are handled with care. The post How to Buy and Sell Gold and Silver with Blanchard & Company appeared first on Blanchard and Company.

Your Friendly Guide to Buying Gold and Silver with Blanchard Thinking about adding gold, silver, or rare coins to your portfolio? You’re not alone—generations of investors have turned to precious metals to build and protect wealth. But if you’re new to this world, you might have a few questions. Good news: we’ve got answers! Below, we’ve put together a quick Q&A to walk you through how buying with Blanchard & Company works and why so many investors trust us with their portfolios. Q: How do I purchase gold and silver through Blanchard? A: It’s simple! You can place a secure order online or give us a call at 1-800-880-4653, Monday through Friday, 7 a.m. to 7 p.m. CT. Whether you’re interested in bullion coins, silver bars, or historic pre-1933 U.S. gold, we make the process easy and secure. Q: What types of precious metals can I buy? A: You’ll have plenty of options: · Gold and silver bullion coins and bars – a straightforward way to invest. · Pre-1933 U.S. gold coins – combining investment value with historic charm. · Rare numismatic coins – for collectors who want something truly unique. This mix lets you choose between practical bullion or historically significant pieces that tell a story. Q: What payment methods are accepted? A: We keep it flexible so you can pick what works best for you. Options include: · Wire transfers (fast and efficient—our top recommendation) · Checks (personal, business, cashier’s checks, or money orders) · Credit cards (Visa & MasterCard online up to $20,000; American Express accepted by phone with no limit) · Cryptocurrency (Bitcoin and others, up to $50,000 online) · PayPal/Venmo (up to $20,000 online) · ACH transfers (up to $2,500 online) With so many choices, paying for your investment is never a hassle. Q: Where should I store my gold and silver? A: Great question—storage is key! Here are the most common routes: · A home safe for convenience. · A bank safety deposit box for traditional security. · Third-party storage facilities if you prefer professional, insured solutions. · Precious Metals IRAs if you want to include eligible gold in a retirement account. It’s all about balancing security and accessibility to match your comfort level. Q: What’s the return policy? A: We want you to feel confident when you buy. Here’s how returns work: · Bullion coins – all sales are final. · Exchangeable common date coins – you can swap for the same denomination and grade within 10 days. · Rare coins – return within 10 days for a full refund (including shipping) if you’re not satisfied. This gives you peace of mind, especially with numismatic coins. Q: Can I sell my gold and silver back to Blanchard? A: Absolutely! The process is just as smooth as buying: 1. Get a quote by calling 1-800-880-4653. 2. Ship your items using our secure instructions. 3. Receive payment by check once your metals are inspected. Simple, straightforward, and fair. Q: Why choose Blanchard? A: For more than 50 years, investors have trusted Blanchard to help them diversify and grow their portfolios. We offer transparent policies, flexible payment, and a reliable buyback program. Whether you’re brand-new to precious metals or a seasoned collector, we’re here to make sure your investments are handled with care. The post How to Buy and Sell Gold and Silver with Blanchard & Company appeared first on Blanchard and Company.

Artemis Gold (TSXV: ARTG) has announced plans to upgrade the existing Phase 1 processing plant at its Blackwater mine in central British Columbia, a move that the company regards as a “step change” opportunity while it progresses with a Phase 2 expansion. Amongst the upgrades will be a vertical mill to provide additional primary grinding capacity and expanded leach circuit, says Artemis, adding that construction work for the upgraded plant (Phase 1A) has already started, with completion and commissioning both earmarked for the fourth quarter of 2026. Some of the enhancements are expected to be brought online in steps ahead of the completion date. Once up and running, the Phase 1A plant will operate at an increased nameplate capacity of 8 million tonnes per annum, a 33% increase from the 6 million tonnes currently. The company estimates that these upgrades would cost C$100-C$110 million and have an industry-low capital intensity of C$50-C$55 per additional tonne of processing capacity. A majority of the capital is expected to be spent in calendar 2026. According to Artemis’ CEO Dale Andres, the Phase 1A project will be funded out of the company’s operating cash flows, and the payback period is expected to be less than six months. With the Phase 1A announcement, shares of Artemis Gold hit a new all-time high of C$33.40 apiece, taking its market capitalization to nearly C$7.7 billion ($5.6 billion). Step change opportunity Andres went on to say that the project was identified as a “near-term, capital-efficient step change opportunity” while the team was reviewing Phase 2 expansion scenarios. “We expect Phase 1A to de-risk and enhance future free cash flows that are aimed at funding a larger Phase 2 expansion,” he said. The company is currently anticipating an investment decision on the Phase 2 expansion in the next quarter. On completion, Phase 2 has the potential to increase production to over 500,000 gold-equivalent ounces per year,” Andres added. Additionally, the company said the Phase 1A enhancements will support the ongoing ramp-up and optimization of the existing Phase 1 plant, for which it aims to achieve throughput at 10% above nameplate by Q4 2025. The Blackwater mine entered commercial production in May, becoming the province’s first new gold mine in eight years. The open-pit mine is expected to deliver 190,000 to 230,000 oz. of gold this year, but its annual production could reach 321,000 oz. during Phase 1, subsequently rising to 381,000 oz. in Phase 2 and 438,000 oz. in a potential Phase 3.

Crypto analyst XForce has revealed that the Dogecoin price just broke a regional high, following its reclaim of the $0.3 level. In line with this, he predicted that the meme coin could rally to a new all-time high (ATH) and reach the psychological $1 level. Dogecoin Price Eyes 300% Rally To $1 Following Break Above Regional High In an X post, XForce predicted that the Dogecoin price could record a rally of over 300% to the psychological $1 level. This came as he noted that DOGE just broke above the previous regional high following its climb above $0.3 over the weekend. Based on this, the analyst declared that $1 is still programmed for the meme coin. XForce admitted that there will be pullbacks along the way, but he expects the Dogecoin price to reach this $1 level eventually. The analyst also drew attention to the alternative idea that could lead DOGE to double-digit prices if it continues as a strong impulse. His accompanying chart showed that the meme coin could rally to as high as $18. The Dogecoin price rallied over the weekend in anticipation of the REX-Osprey DOGE ETF, which will be the first fund to provide institutional investors with exposure to the foremost meme coin. This provides a bullish outlook for the meme coin, seeing as it could inject new liquidity into its ecosystem. Furthermore, the Fed is set to make the first rate cut this year at this week’s FOMC meeting, which could also be bullish for the Dogecoin price as it would boost risk-on sentiment. Amid this recent rally, crypto analyst Mikybull Crypto has also declared that the meme coin will reach $1 in this cycle. Meanwhile, crypto analyst Ali Martinez noted that DOGE may consolidate for a bit around these levels before it makes its next leg up toward $0.45. Analyst Issues Warning On DOGE In an X post, crypto analyst CrediBULL Crypto issued a warning on the Dogecoin price, noting that it is at the monthly supply at the moment. He further remarked that if DOGE isn’t breaking out, then it is technically just retesting the prior point of breakdown. CrediBULL Crypto stated that a great time to be bullish on the Dogecoin price and jump into longs was before this recent rally. Now, he believes that it is time to be more cautious, as this is the most likely place for DOGE to face a rejection and record lower highs if the bottom isn’t in yet. There is also the possibility that the meme coin could crash if the Fed rate cut and DOGE ETF launch turn out to be a ‘sell the news’ event. At the time of writing, the Dogecoin price is trading at around $0.28, down over 2% in the last 24 hours, according to data from CoinMarketCap.

The most important day in a few trading months is coming up fast (two days left!). The September FOMC rate decision is part of four quarterly meetings where key economic projections (SEP or Summary of Economic Projections) are published (don't forget the 4 other meetings). They take place in March, June, September and December. These quarterly meetings tend to hold higher weight on potential changes to the FED's tone. With Wednesday's meeting in focus, markets are preparing for a change in tone and changing SEPs. While the decision itself may not surprise (25 bps is heavily priced in and should be the basis except for any surprise), the details in the projections and Powell’s tone at the press conference will dictate the market reaction. One good thing to do is to also follow any pre-FOMC post from Wall Street Journal's Nick Timiraos who re-guided wrongly priced markets during the 2022 hike cycle and is considered as an insider. The FED "leaks" their own info that way to avoid shaking markets too suddenly, with the US dollar's central role in the global economy – As a reminder, FED members cannot speak on the Economic or financial outlook two weeks before the FOMC meeting in what is called the "Blackout period". Don't forget to also check out our freshly released Podcast with discussions on the upcoming FOMC. (and Too Long, Didn't Read recap further down if needed). Read More: British pound hits two-month high, UK job data nextMarkets Weekly Outlook - S&P 500, Nasdaq & Dow Jones on a Tear as Fed Rate Cut LoomsWhat to take from the previous meeting At the previous meeting (July 30, 2025), Powell struck a balanced but cautious tone amid still high tariff uncertainty. He acknowledged progress on disinflation but highlighted tariff-driven risks to the inflation outlook. His remarks left the door open to cuts later in the year, but the Fed emphasized it would remain data-dependent. The June last SEP reflected this stance: inflation forecasts were nudged slightly lower, growth remained resilient, and the famous dot plot still suggested two cuts before year-end — a point markets have since debated heavily. June 2025 SEP, source: Federal Reserve What to watch in the September SEPDot Plot: The median projection for rate cuts will be the market’s first checkpoint. A shift from two cuts to one would reinforce a hawkish narrative, while holding steady would keep the Fed aligned with current pricing. Inflation forecasts (Core PCE, PCE): Expect markets to scrutinize whether tariffs are raising the Fed’s inflation expectations. Any upward revision would challenge the softening CPI and PPI figures released this week and the change in tone from Powell's Jackson Hole speech. The inflation projections might be revised upward in 2025 and down in later year: Major key is to watch 2026 PCE projections and onwards to get a glimpse of 2026 cut pricing (currently 140 bps are priced in). Unemployment rate: A move higher would confirm the gradual softening already seen in recent jobs reports – A sudden rise in this could shift the pace of cuts priced in.What was said in Powell's previous FOMC speech? You can access Powell's July FOMC speech right here. I also invite you to balance these comments with what was said in his Jackson Hole speech (link available just above). Through his July speech, Powell emphasized the FED's dual mandate (inflation and maximum employment) and could be expected to put an extra emphasis on the employment mandate with the Labor market data degrading. He also emphasized a moderating economic activity with tariff uncertainty (uncertainty should be expected to get less mentions) Reading Jerome Powell’s speech.Markets know by now that Powell’s tone matters as much as the text. Expect sharp reactions to how he balances: Confidence in inflation trending lower vs. caution about tariff pass-through. Reassurance on labor market strength vs. acknowledgment of weakness in recent payrolls. Whether he hints at future financial stability concerns, particularly with equities and crypto markets surging. Analysts tend to highlight the number of mentions for elements like: Employment/unemployment, inflation, tariffs etc to spot what the FED will focus on looking forward. Market dynamics Current state of Markets, September 15, 2025 – Source: TradingView Bond yields have already been retreating, with the 2Y at its lowest since April’s “Liberation Day” trough. Don't forget to take a look at the 2-10s curve: Currently very steep due to higher short-term cut expectations but higher inflation (= higher long term rates) Risk assets are at all-time highs, therefore the Markets hold high expectations for a dovish tone, watch out for disappointments ! FX markets remain rangebound, leaving the Dollar Index exposed to any surprises in the dot plot or Powell’s tone – One of the thesis I had been holding is the Seller's inability to reach new lows in a hesitant Dollar, but its reaction is still binary. With high expectations of a dovish speech, Powell could balance out recent dovish pricing with a more hawkish stance which would strengthen the US Dollar and hurt Equities a bit. TLDR conclusion: What to focus on for the upcoming FOMC TL,DR: For now a bit less than 75 bps priced in through 25 bps at every meeting.SEP: Particularly expected Fed Funds rate in end 2025 and 2026 (Neutral rate should be priced in until then for now) and Core PCE projections.More or less mentions of tariffs: Any hints of one time price hikes could bring more cuts in the future. More mentions of uncertainty = less hikes in 2026.Labor market and unemployment rate: If see more mentions of degrading employment, it could add more rate cuts more suddenly – Particularly if the FED balances out its dual mandate more towards employment.Any hawkishness to balance out the most recent dovish comments and give back some credibility to the FED's independence Safe trades and a successful FOMC 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.

Can I work part-time and still withdraw from my retirement accounts? Executive summary Yes. You can work part-time and take withdrawals from IRAs or 401(k)s at the same time. The real question is how to do it tax-efficiently. Your plan should account for the Social Security earnings test before full retirement age, required minimum distributions (RMDs), Medicare and ACA rules, and how Roth and traditional accounts are taxed. Done well, part-time work can reduce portfolio withdrawals, extend savings, and keep your options open. Quick answer: what changes when you earn wages again Traditional IRA/401(k) withdrawals remain taxable as ordinary income. Working does not block them. Roth IRA withdrawals of contributions are tax-free; earnings are tax-free if you meet the age 59½ and five-year rules. RMDs at age 73+ still apply to IRAs. A “still-working” exception may let you delay RMDs from your current employer’s 401(k) if you’re not a 5% owner and your plan allows it. Note that plan terms can require earlier distributions. Social Security: before full retirement age, wages and net self-employment income above the annual limit can temporarily reduce monthly benefits; pensions, annuities, IRA withdrawals, and investment income do not count as earnings. Healthcare: part-time earnings plus withdrawals raise your modified adjusted gross income (MAGI), which can affect ACA subsidies before 65 and IRMAA surcharges on Medicare at 65+. Set your objective first Decide why you’re working part-time in retirement. The reason drives the strategy. To reduce portfolio drawdowns: Use wages to replace some withdrawals, keeping you in a lower tax bracket and extending savings. To bridge to Social Security: Work can cover expenses so you can delay claiming and lock in a larger benefit later. To fund Roth conversions: Conversions are more efficient in low-income years; plan them when work income is modest. To stay active: Keep the work light, but still be deliberate about which account you tap for spending. How withdrawals interact with part-time wages Traditional accounts: mind the bracket and the sequence Withdrawals from traditional IRAs and 401(k)s are taxed as ordinary income. Adding wages increases MAGI, which can move you into a higher bracket, increase taxation of Social Security benefits, and trigger Medicare premium surcharges in a future year. When wages are present, you often get more mileage by withdrawing less from traditional accounts and letting tax-deferred money compound. Roth accounts: flexible, but follow the two five-year rules Roth IRAs offer valuable flexibility while you work part-time. You can always withdraw your contributions tax- and penalty-free. Earnings are also tax- and penalty-free if the account is at least five tax years old and you’re 59½ or older. Each conversion also has a separate five-year clock for the 10% penalty rule on converted principal taken early. Use Roth funds as a shock absorber in high-income years and replenish them in low-income years if conversions make sense. Taxable accounts: harvest gains with an eye on brackets Selling investments from a brokerage account can create capital gains. Long-term gains often face lower rates than ordinary income. Coordinate capital gains with wages and withdrawals to keep your overall tax bill low. If you have losses, you can harvest them to offset gains. Social Security while you work For 2025, the earnings test limits are $23,400 if you’re under full retirement age (FRA) all year and $62,160 in the year you reach FRA (limit applies to earnings before the month you reach FRA). SSA withholds $1 for every $2 above the first limit and $1 for every $3 above the second. The test counts wages and net self-employment income only; it does not count pensions, annuities, IRA withdrawals, or investment income. After you reach FRA, there’s no earnings limit, and any benefits withheld earlier raise your future checks. If you start or stop work midyear, the special monthly rule can pay full benefits for any month you’re “retired,” even if your annual earnings exceed the limit. This helps when shifting into part-time work midyear. Practical approach If wages will exceed the earnings limit, consider delaying your claim until FRA or adjusting hours. If you already claimed and your benefit is being withheld, you’re not “losing” it; your benefit is recomputed higher at FRA. RMDs and the still-working exception RMDs generally start at age 73 today and are scheduled to shift to age 75 in 2033. IRAs have no work-based delay; you must take IRA RMDs even if employed. For a current employer’s 401(k), plans may allow a delay until you retire if you’re not a 5% owner. Once you separate, RMDs kick in. Plan documents control the details, so verify whether your plan allows the still-working delay and whether in-service withdrawals are permitted. Roth IRAs have no lifetime RMDs. Starting in 2024, designated Roth accounts in employer plans (Roth 401(k)/403(b)) are also exempt from lifetime RMDs, aligning them with Roth IRAs. Can I keep contributing while I withdraw? Often, yes—if you have earned income and your plan allows it. IRA contributions: You can contribute at any age if you have earned income. Deductibility depends on income and whether you’re covered by a workplace plan. 401(k)/403(b) contributions: If your employer permits part-time participation, you can defer even while taking IRA withdrawals. Standard catch-ups apply after age 50; beginning in 2025, ages 60-63 can contribute the greater of $10,000 (indexed) or 150% of the standard catch-up. The separate rule requiring Roth catch-ups for certain high earners is delayed until 2026. HSA contributions: You must have an HSA-eligible health plan and not be enrolled in any part of Medicare. Once Medicare starts, new HSA contributions stop. Enrollment in Part A can be retroactive up to six months, so plan ahead to avoid excess contributions. Healthcare and MAGI: ACA and Medicare Before 65 on ACA coverage ACA premium tax credits are based on MAGI. For ACA purposes, MAGI = AGI + tax-exempt interest + nontaxable Social Security + excluded foreign income. Wages, IRA withdrawals, and Roth conversions can raise your MAGI. A small increase may reduce subsidies. If you’re under 65 and on Marketplace coverage, model the impact of withdrawals and conversions before year-end to avoid surprises. At 65+ on Medicare Two years after a higher-income year, you may face IRMAA surcharges for Medicare Parts B and D. For IRMAA, MAGI = AGI + tax-exempt interest (this definition differs from ACA). If a one-time event (e.g., Roth conversion, taxable home sale) spiked your income, you can appeal based on a qualifying life event. Plan large withdrawals with IRMAA brackets in mind. Common scenarios and smart tactics Scenario 1: 62-year-old working part-time, not yet claiming Social Security You earn $24,000 from part-time work. You need $54,000 to live. To fill the $30,000 gap, you could withdraw from a traditional IRA. But that raises MAGI and taxes. Instead, withdraw a smaller amount from the IRA and use Roth contributions or taxable cash to cover the rest. This keeps you in a lower bracket and preserves future tax flexibility. If you plan to claim at 67, today’s work income helps you delay, increasing your monthly benefit later. Scenario 2: 67-year-old at full retirement age, working seasonally At FRA, the earnings test goes away. You can work without a Social Security reduction. If you are 67 and hold both Roth and traditional assets, consider drawing enough from the traditional IRA to “top off” your current tax bracket, then meet any extra needs from the Roth. In years when work income is higher, lean more on Roth or taxable accounts; in leaner work years, lean more on traditional withdrawals. Scenario 3: 74-year-old consultant with IRA RMDs You must take IRA RMDs regardless of work status. If you also have a current employer 401(k), you might defer RMDs on that plan under the still-working exception if the plan allows it and you’re not a 5% owner. To lower taxes on the IRA RMD you must take, consider making part of it a qualified charitable distribution (QCD) if it fits your giving goals; QCDs can satisfy RMDs and keep those dollars out of taxable income. The QCD limit is $108,000 per person in 2025 (indexed; $105,000 in 2024). Coordinating income sources: a simple framework Estimate your baseline spending need after part-time wages. Map this year’s tax picture: bracket, Social Security taxation, ACA or IRMAA exposure. Choose the withdrawal mix: Use traditional accounts to “fill up” a favorable bracket you’re already in. Use Roth for flexibility in high-income years or to avoid IRMAA-triggering spikes. Use taxable accounts when long-term capital gains rates are attractive. Apply annual rules: take any required RMDs; check earnings test if before FRA; confirm HSA eligibility. Reassess each fall before year-end to fine-tune conversions, harvesting, and deductions. Avoid these common mistakes Ignoring the earnings test when claiming before FRA, leading to withheld Social Security checks you didn’t expect. Forgetting IRA RMDs while still working, assuming the still-working exception applies to IRAs—it does not. Triggering IRMAA unintentionally with large year-end withdrawals or conversions. Contributing to an HSA after Medicare enrollment, which can cause tax issues—watch for six months of retroactive Part A. Missing Roth five-year rules and tapping earnings too soon. What if I’m under 59½? You can still work part-time and fund expenses with retirement money, but penalties are a risk. The 10% early-distribution penalty applies unless an exception applies. One common exception is the Rule of 55, which allows penalty-free withdrawals from your current employer’s 401(k)/403(b) if you separate from service in or after the year you turn 55 (age 50 for certain public safety employees). Income tax still applies. Substantially equal periodic payments (72(t)) are another path, but they are rigid and can backfire if mishandled. Proceed carefully. Documentation and recordkeeping Track basis in traditional IRAs if you ever made non-deductible contributions; file Form 8606 when needed. Keep Roth timelines: account open date and conversion dates for five-year rule checks. Save plan summaries showing whether your 401(k) permits the still-working RMD delay and whether in-service withdrawals are allowed. Keep a withdrawal log by account to simplify next year’s planning. Action checklist Confirm your FRA and check the current year’s earnings limits before you claim. List all required withdrawals this year (IRAs always; current employer plan maybe). Project MAGI with your part-time wages and planned withdrawals. Check ACA or IRMAA thresholds as relevant. Pick the withdrawal mix that fills your current bracket without creating new tax cliffs. Revisit quarterly if your part-time hours or pay change midyear. Key Takeaways You can work part-time and withdraw from retirement accounts; the key is coordinating taxes and benefits. Before FRA, the Social Security earnings test can reduce checks; after FRA, there’s no limit. RMDs start at 73 for IRAs; a still-working exception may delay current employer 401(k) RMDs if you’re not a 5% owner. Roth accounts offer tax-flexible cash flow; follow the two five-year rules. Mind ACA subsidies pre-65 and Medicare IRMAA at 65+ to avoid costly surprises. FAQ What is the focus keyword for this article? Focus keyword: part-time work in retirement Does working part-time ever reduce my Social Security? Yes—if you’re under FRA and your wages exceed the annual limit, part of your benefit is withheld and later credited at FRA. After FRA, there’s no earnings limit. Can I contribute to a 401(k) while taking IRA withdrawals? Yes, if your employer allows part-time participation and you have earned income. Many retirees contribute modestly to capture any match while taking small IRA withdrawals as needed. Should I prioritize Roth or traditional withdrawals while working? It depends on your bracket, IRMAA exposure, and goals. Many retirees “fill up” a favorable tax bracket with traditional withdrawals and use Roth for the remainder. What about healthcare before Medicare? On ACA coverage, even small increases in MAGI can reduce premium tax credits. Model income before making big withdrawals or conversions. The post Can I work part-time and still withdraw from my retirement accounts? first appeared on American Bullion.

France crypto industry is once again in the spotlight, as Reuters revealed that France is again positioning itself at the center of Europe’s crypto debate, signalling it may move to block companies licensed in other EU jurisdictions from operating domestically. The regulatory warning, delivered Monday by Autorité des Marchés Financiers (AMF) chair Marie-Anne Barbat-Layani, underscores the deep fractures already emerging under the European Union’s landmark Markets in Crypto-Assets Regulation (MiCA). MiCA, which formally took effect for service providers in December 2024, was billed as the world’s first comprehensive digital asset rulebook. The framework allows crypto firms to obtain authorisation in one member state and “passport” their license across all 27 countries. However, since the roll out of the scheme, growth has been uneven across regulator jurisdictions, for example Ireland has so far received 17.5x the number of crypto passports as France. For companies, the passporting mechanism was the prize, an efficient gateway into the bloc’s single market. For regulators like the AMF, however, the past nine months have exposed its fault lines. European Crypto Companies Are Shopping Around For Weak Jurisdictions bitcoinPriceMarket CapBTC$2.29T24h7d1y Barbat-Layani warned that companies are already “shopping around” for the weakest jurisdictions, securing lighter-touch licenses before expanding into larger markets such as France. “We do not exclude the possibility of refusing the EU passport,” she told Reuters, likening the option to an “atomic weapon” that could be deployed if supervisory gaps persist. The comments come as France, Italy, and Austria jointly call for the European Securities and Markets Authority (ESMA) to assume direct oversight of major crypto firms. In a joint paper, the three regulators argued that early MiCA implementation has revealed “major differences” in how national supervisors interpret and enforce the rules. Direct ESMA supervision, they contend, is essential to safeguard investors and ensure a level playing field. That push follows stinging criticism of Malta’s licensing regime. In July, an ESMA peer review found that the Malta Financial Services Authority only “partially met expectations” when authorising a crypto provider, highlighting poor risk assessment and slow supervisory follow-up. Furthermore, the report fuelled concerns that smaller jurisdictions could become regulatory gateways for firms seeking rapid EU access. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Are There Other Reasons Crypto Firms Are Avoiding France? The high-stakes regulatory debate unfolds against a tense backdrop in France’s own crypto ecosystem. In recent months, a string of violent kidnappings targeting crypto entrepreneurs and their families has rattled the industry. French police have linked at least half a dozen attempted abductions to ransom demands in digital assets, including incidents in which victims were mutilated to pressure relatives into paying millions. Security experts warn that some of the new EU reporting requirements may inadvertently be making it easier for criminals to identify wealthy targets. This dual pressure, regulatory fragmentation at the EU level, and mounting domestic security concerns, puts Paris in a difficult position as the summer season approaches. The AMF has spent years courting blockchain startups, branding France as a jurisdiction with clarity and credibility, particularly after granting Binance’s French entity a license in 2022. But the warning shot over MiCA passports signals a shift from promotion to protection. The stakes are high for investors and companies. If France unilaterally refuses to recognise licenses from other EU states, the single market promise underpinning MiCA could fracture before it fully takes hold. But it’s important to understand the risk is not only reputational but structural: a divergence in EU supervision would undermine confidence at a moment when global capital is weighing whether Europe can provide a credible alternative to Trump’s America. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 The post France Threatens to Break EU Crypto Market as AMF Warns of “Atomic Weapon” Against MiCA appeared first on 99Bitcoins.

Brent crude oil futures rose to $67.2 per barrel on Monday, continuing the upward trend that began on Friday due to concerns over Russian oil supply disruptions, caused by intensified Ukrainian strikes on energy infrastructure and difficulties in peace negotiations. This has increased the risk of further sanctions from the West. Overall, Brent remains in a broad sideways range, fluctuating between $65 and $67.4 per barrel. The current dynamics reflect the contradictions shaping the market. On the one hand, geopolitics: fires at Russian oil refineries, Trump's statements about potential serious sanctions against Russian oil, and pressure on India and China via the G7 format create a risk premium in the price. Any hint of supply disruptions strengthens Brent's support. On the other hand, the fundamental picture looks heavier. US inventories are rising faster than expected, seasonal demand is weakening, and Saudi Arabia and other producers are preparing to ramp up exports. Adding to this are the latest macroeconomic data from China — industrial production and retail sales grew below expectations. This is a key signal: the largest consumer of oil is losing momentum, and the outlook for demand is becoming increasingly less convincing. Investors are also taking into account the reduction of long positions in oil by hedge funds to a historic low. This is a sign that large players are not seeing reasons to bet on sustained growth. As a result, the balance remains fragile: the market is holding on to a nervous risk premium, but the actual picture of supply and demand tilts the scale toward downward pressure. Oil: technical picture Brent has consolidated in the range of $65–67.4. The lower boundary ($65) acts as a buyer's zone, while the upper border ($67.4) is the seller's zone. A breakout above $67.4 would open the path to $68–69, and eventually to the 200-day moving average at $70.3, but for now, the market is clearly not ready for such a move. On the contrary, testing $65 seems to be the more likely scenario in case of weak US data or confirmation of inventory growth from the EIA. A strong driver will be the upcoming Fed meeting: monetary policy easing would support commodities, but without it, oil risks remaining in a sideways range. Gas: fundamental picture The gas market has once again come under pressure from the statistics. Inventories grew by 71 billion cubic feet in a week — significantly above the five-year norm. Even with forecasts for warmer weather and potential increased consumption, the surplus in storage remains the key limiting factor. LNG exports are also stalling: September deliveries averaged 15.6 billion cubic feet per day, compared to 15.8 in August. A slight decline in production in the lower 48 states, down to 107.3 billion cubic feet, was almost ignored by the market. Supply remains close to record levels, and this is enough for any attempt at price increases to be temporary. Gas: technical picture Gas futures have corrected to support at $2.921 and rebounded upward. The next resistance is at $3.022. If this level is surpassed, prices will have a chance to return to $3.177. The technical structure is not yet forming a reliable short-term trend: the market is balancing between excess inventory and attempts by buyers to keep the price above $3. A breakdown below $2.921 would open the way to $2.865, which would return the market to the August lows. Both markets are entering a week filled with significant events. For Brent, the key event will be the Fed meeting: monetary policy easing could provide a chance to break out of the sideways range, but without support from demand and with rising inventories, this will be very difficult. Gas remains at the mercy of storage levels: excessive inventories and declining exports continue to weigh on the market, and only temporary weather factors provide the chance for short-term rebounds. The material has been provided by InstaForex Company - www.instaforex.com

Equinox Gold (TSX, NYSE-A: EQX) has made its first pour at the Valentine mine located in Newfoundland and Labrador, a milestone that the company says would firmly place it amongst Canada’s gold mining elites. The first pour, says chief executive officer Darren Hall, was achieved earlier than expected on Sept. 14, due to the process plant operating at nearly half (47%) of its nameplate since its commissioning. The facility first began processing ore at the end of August and has a capacity of 2.5 million tonnes per annum. Hall adds that the mine will ramp up to its nameplate in the second quarter of 2026 as planned. Equinox’s shares rose on the news, with the stock price trading near the three-year high of C$5.29 from last week. The Vancouver-based gold miner has a market capitalization of approximately C$11.5 billion ($8.3 billion). Largest in Atlantic Canada Once fully operational, Valentine would be the largest gold mine in Atlantic Canada. Equinox projects that it could produce between 175,000 and 200,000 oz. of gold annually for the first 12 years of its 14-year reserve life. The deposit currently hosts 2.7 million oz. in proven and probable reserves grading 1.62 grams per tonne gold, contained within nearly 4 million oz of measured and indicated resources grading 1.90 g/t gold. This resource base, which Equinox contemplates expanding through additional discoveries, could anchor a new gold district in central Newfoundland, the company has said. Valentine is the second Canadian mine that Equinox has brought online within the span of two years. In November 2024, it kicked off commercial production at the larger Greenstone mine in Ontario, which is expected to deliver 330,000 oz. of gold during an initial 15-year life. “Commencing production at Valentine marks the beginning of a new chapter for Equinox Gold,” stated Hall in a press release. “With both Valentine and Greenstone now ramping up to capacity, the company is set to become the second largest producer of Canadian gold.”

Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve meeting. Investors widely expect a rate cut, but the size of the move remains the key question shaping sentiment. If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin, without sparking fears of deeper economic weakness. Such a move would likely reinforce confidence in a controlled transition toward easier monetary policy. On the other hand, a 50 basis point cut could send a very different signal. While it may initially provide liquidity relief, markets could interpret it as a sign of serious underlying fragility in the economy. That scenario risks triggering panic, especially if investors fear the Fed is reacting to problems worse than expected. Bitcoin Holds Key Levels Ahead Of Fed’s Decision According to top analyst Axel Adler, Bitcoin is showing signs of resilience as it trades at the upper boundary of its channel near $116,400, supported by a sustained bullish momentum score of 0.8. This score, which reflects the balance of market forces, suggests that despite recent volatility, Bitcoin’s structural strength remains intact. Adler notes that the market is heavily driven by expectations of a rate cut, which has injected confidence into risk assets. The timing of this setup could not be more critical, with the Federal Reserve set to announce its interest rate decision on September 17, 2025, at 2:00 PM Eastern Time. Interestingly, while Bitcoin has held its ground at key resistance levels, altcoins have started to show strength independently for the first time in months. This decoupling suggests that capital rotation is taking place, with investors diversifying beyond Bitcoin. As liquidity expands, this dynamic could mark the start of a new market phase, where both Bitcoin and altcoins drive momentum instead of BTC alone. Testing Key Resistance Levels Bitcoin is currently trading around $114,938, showing consolidation just below the $116,000 resistance zone. The chart highlights a notable rebound from early September lows near $110,000, with BTC climbing steadily back into its mid-range. Price is now attempting to hold gains above the 50-day moving average (blue line) and is hovering around the 100-day (green line) and 200-day (red line) moving averages, which are converging and creating a dense resistance cluster. This setup reflects a tense balance between bulls and bears. Bulls have managed to protect $110,000 and push BTC higher, signaling renewed strength. On the other hand, BTC has repeatedly failed to establish momentum above $116,000, a level that must be cleared decisively to target the major resistance near $123,217, marked on the chart as the next critical upside barrier. The current sideways structure suggests a drift phase, with traders waiting for catalysts such as the upcoming Fed rate decision. A successful breakout above $116,000 could reignite momentum toward $120,000 and beyond. However, failure to hold above the 50-day SMA risks a retest of $112,000 or even $110,000 support. For now, Bitcoin remains range-bound, but pressure is building for a directional move. Featured image from Dall-E, chart from TradingView

Gold is trading around 3,671, below the 7/8 Murray level and above the 21SMA, with a bullish bias and within an uptrend channel formed since September 11. Gold is facing a barrier around 3,657. This level could offer strong resistance for gold. If the price consolidates below this area, it could be seen as a signal for a technical correction. A consolidation above 3,660 could lead to a gold price reaching 7/8 Murray around 3,671, and possibly even surpassing its high around 3,673. A price drop below 3,644 could signal the start of a trend reversal. Thus, the price could reach the 200 EMA around $3,600, or even reach 6/8 Murray around 3,593. The Eagle indicator is showing a positive signal, so any pullback in gold as long as the price trades within the uptrend channel will be viewed as an opportunity to continue buying in the coming days. The material has been provided by InstaForex Company - www.instaforex.com

First Nordic Metals (TSXV: FNM), which includes Agnico Eagle Mines (TSX, NYSE: AEM) among its backers, has agreed to acquire Mawson Finland in an all-share deal that will bring together some of the most advanced gold properties in Scandinavia. The transaction declared on Monday creates new gold exploration and development company NordCo Gold focused on Sweden and Finland with a combined market capitalization of about C$259 million ($187 million). It highlights a broader trend in the junior sector as companies consolidate to gain scale and attract capital in a tight gold exploration market. With fewer discoveries being made and investors demanding larger, de-risked projects, NordCo aims to lead in the region. First Nordic operates a 45-55% joint venture with Agnico Eagle at northern Sweden’s Barsele project, which hosts 324,000 indicated oz. gold and 2.1 million inferred oz., according to a 2019 resource update. The company also controls the Oijärvi project in Finland with 143,000 indicated oz. gold and 1.2 million oz. silver. Mawson adds the Rajapalot project in Finland, which hosts 9.8 million inferred tonnes grading 2.8 grams gold for 867,000 oz., along with cobalt credits. “This combination is about scale, quality and execution,” First Nordic CEO Taj Singh said in a news release. “The addition of Mawson’s development-stage Rajapalot project and its prospective exploration package provides our shareholders with scale and balance, adding resource growth and development visibility across our expanded portfolio.” Capital raising Shares in First Nordic dropped 11% on Monday morning in Toronto to C$0.42 apiece, valuing the company at about C$133 million. The combined entity will control more than 1,230 sq. km across the Nordic region. The companies also announced a non-brokered subscription receipt financing to raise up to C$30 million at a price of C$0.38 per receipt. The proceeds are earmarked for exploration programs across the combined portfolio, transaction expenses and general working capital. “This transaction strategically positions Mawson shareholders to benefit from an improved Nordic gold development company with the necessary capital markets support and technical expertise to advance both projects,” Mawson President and CEO Noora Ahola said in the same release. “This merger is the optimal path forward.” Under the arrangement, Mawson shareholders will receive 1.7884 shares of the newly branded company for each Mawson share held. The transaction follows a four-for-one consolidation of First Nordic shares, reducing its 318 million outstanding shares to about 79.6 million. Following the merger and the concurrent financing, the new company will have about 139 million shares issued and outstanding. The companies expect to close the merger shortly after a Mawson shareholder vote in December. The deal is also subject to court approval and clearance from the TSX Venture Exchange. Barsele Barsele holds 5.5 million indicated tonnes grading 1.8 grams gold for 324,000 contained oz., and 25.5 million inferred tonnes at 2.5 grams gold for 2.1 million oz., according to the resource update. The Oijärvi project contains 1.07 million indicated tonnes grading 4.1 grams gold for 143,000 oz. and 35.4 grams silver for 1.2 million oz., according to a 2011 technical report. It also has 1.63 million inferred tonnes at 2.7 grams gold and 15.2 grams silver for 142,000 oz. gold and 795,000 oz. silver. At Rajapalot, a preliminary economic assessment in 2023 outlined a mine plan producing 1 million oz. of recovered gold over a 10-year life. It has an after-tax net present value of $211 million at a 5% discount rate and an internal rate of return of 27%, assuming a gold price of $1,700 per ounce. First Nordic also holds the Paubäcken project in northern Sweden, where last month it reported an assay of 21.5 metres grading 1.94 grams gold from 317 metres depth at the Aida target. Agnico bought a 13% stake in First Nordic last year after it acquired Agnico’s Oijärvi project in 2023. The Barsele joint venture, with its multimillion-ounce resource, offers potential leverage to higher gold prices, while Rajapalot’s favourable economics and cobalt by-product credits provide optionality. Oijärvi, though smaller, adds silver exposure and upside exploration targets.

The euro is trading around 1.1759, below +1/8 Murray and showing signs of weakening bullish momentum. The euro could continue its bullish cycle if it breaks and consolidates above 1.1780, then it could reach +2/8 Murray, located at 1.1840.Conversely, recent trading shows strong bearish pressure on EUR/USD. So, we believe a break below 1.1740 and below the uptrend channel formed since September 10 could accelerate its decline to reach 6/8 Murray, located at 1.1596. The key to a reversal in EUR/USD is trading below the 200 EMA and below the 8/8 Murray around 1.1718. Below this area, EUR/USD could increase bearish pressure and will be seen as a clear sell signal. The Eagle indicator is showing an overbought signal. Hence, a technical correction is likely in the coming days. The material has been provided by InstaForex Company - www.instaforex.com

Tom Lee, head of research at Fundstrat Global Advisors, connected the dots during a CNBC interview with a new Bitcoin price prediction: “I think bitcoin can easily get to $200,000 before year-end. I know it’s a big move. It’s almost a double.” His case rests on historical stock precedent that in both 1998 and 2024, Fed easing cycles reignited equities in Q4, and Lee argues that top cryptocurrencies, as “beta to equities,” should follow suit. Lee added, “Bitcoin and cryptocurrencies like Ethereum are super sensitive to monetary policy. So, I think that September 17th is an important catalyst. Crypto typically does really well in the fourth quarter.” – Tom Lee, Fundstrat. Peter Schiff Pushes Back on Bitcoin Price Prediction: Will BTC USD Crack $200,000 By EOY? bitcoinPriceMarket CapBTC$2.29T24h7d1y Not everyone shares that optimism. Gold advocate and long-time Bitcoin skeptic Peter Schiff argued on X that the opposite could play out: “Instead of hitting $200K by year-end after the Fed cuts rates, it’s more likely to sink below $100K.” – Peter Schiff. Bitcoin maxis act like the fiat collapse will only benefit BTC instead of all high-quality limited supply assets (real estate, stocks, gold, Ethereum, etc.). And this is Schiff’s point. Whether Bitcoin is the largest beneficiary of Q4 rate cuts remains to be seen. BTC ETF Flows Increase, Can They Create New ATHs? Spot Bitcoin ETFs logged more than $2.3 billion in inflows last week, according to Farside Investors, extending a steady September streak. K33 Research reports corporate treasuries now hold close to 950,000 BTC worth over $110 bn. (Source: Farside Investors) CoinGlass data shows that future open interest has increased by more than +15% since September 1, with longs outweighing shorts. The setup mirrors conditions that preceded strong Q4 rallies in 2017, 2020, and 2021. Bitcoin 2025: $180K Becomes the Baseline The headline call is Lee’s $200K target, but most crypto expert consensus online sits around $180K. VanEck has backed that figure through multiple updates, citing ETF demand, corporate balance-sheet buying, and Bitcoin’s growing status as digital gold. SkyBridge’s Anthony Scaramucci also ranges between $180K and $200K. 99Bitcoins analysts argue that the mix of halving-driven supply pressure and rate cuts could create Bitcoin’s most favorable setup since the last major bull run. EXPLORE: Did Dogecoin ETF Just Change Everything For Meme Coins? Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Tom Lee, head of research at Fundstrat Global Advisors, connected the dots during a CNBC interview with a new Bitcoin price prediction The headline call is Lee’s $200K target, but consensus sits around $180K.. The post Bitcoin Price Prediction: Can BTC Reach $200K by Year-End or $180K in 2025? appeared first on 99Bitcoins.

LINK crypto, the token powering the leading decentralized Oracle platform, Chainlink, has been on a tear in recent weeks. Not only has LINK USD marched from outside the top 20, but Chainlink has found government endorsement that could power LINK USDT higher, breaking the LINK crypto above key resistance levels. At spot rates, LINK crypto is perched at 13th, behind the resurgent Dogecoin, Tron, and Cardano. However, looking at the performance of LINK USD, it is likely that LINK crypto will break into the top 10, flipping TRX and ADA, respectively. According to Coingecko, LINK is up +110% year-to-date but relatively stable in the past 24 hours. The local resistance is at $28 while the local support is $22. (Source: Coingecko) On Coinglass, LINK trading is picking up steam. Trading volume on Binance is up +18%, while on MEXC, it has expanded by nearly +10%. Bullish as LINK is, trading volume on Hyperliquid, the decentralized perpetual exchange, is down -23%. Overall, confidence is high, and the long/short ratio across accounts and among top trader positions, especially on Binance, stands at 3, suggesting that most traders expect a moonshot above $30. (Source: Coinglass) DISCOVER: Best New Cryptocurrencies to Invest in 2025 Is LINK USD Ready For a +50% Spike? LINK Crypto To The Top 10? This optimism shows in the multiple Chainlink price predictions. On X, one analyst notes that LINK/BTC is ready to edge higher. (Source: CryptoMichNL, X) The LINK price relative to Bitcoin crypto is above the 20-week moving average, a bullish development. What’s more? There are higher highs on the LINK/BTC chart, meaning buyers are keen on loading on dips. If LINK bulls take over, the analyst thinks there will be a near +200% surge versus BTC. Meanwhile, another analyst projects LINK to pump by over +50%. Pointing to the LINK USD price action on the daily chart, he notes that the MACD, a momentum indicator for gauging bullish or bearish state, is about to cross, signaling the start of a bullish run. They also have fervent communities and visionary leaders. Like Elon Musk, the observer said Sergey Nazarov, the co-founder of Chainlink, is quietly building infrastructure. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 LINK USD Ready To Explode? Chainlink The Next Tesla? LINK USD is bullish and can break above $30 LINK crypto analysts expect more gains Chainlink has high-profile endorsements Is Chainlink the next Tesla? The post Is LINK USD Ready For a +50% Spike Into the Top 10? Chainlink: The New Tesla? appeared first on 99Bitcoins.

The British pound has started the new trading week in positive territory. In the European session, GBP/USD is trading at 1.3591, up 0.26% on the day. Earlier, the pound hit a daily high of 1.3620, its highest level since July 10. UK claimant count change expected to jump The UK releases employment data on Tuesday. Claimant counts is expected to jump to 20.3 thousand in August, after a rare decline in July which saw claimant counts decline by 6.2 thousand. The unemployment rate is expected to remain at 4.7% for a third straight time, its highest level in four years. Wage growth including bonuses is expected to rise to 4.7%, up from 4.6% in the previous release, which was the lowest pace in nine months. It's a busy week in the UK, with the inflation report on Wednesday and the Bank of England rate decision on Thursday. The BoE is expected to maintain rates at 4.0% after last month's narrow 5-4 decision to lower rates. Governor Bailey has said rates would move "downwards gradually over time" but hasn't provided any details as to the timing or extent of cuts. The new danger - stagflation The UK may have already entered stagflation, which is a toxic mix of persistently high inflation, weak growth and rising unemployment. This presents a major headache for the BoE, as weak growth supports a rate cut while high inflation could get worse if the BoE reduces rates. The central bank is hesitant to lower rates with inflation close to 4%, but may have to cut before the end of the year if the labor market continues to deteriorate. Tuesday's job report is unlikely to change minds at the BoE, which is expected to hold rates. Still, it could be a factor in the November rate decision. GBP/USD Technical GBPUSD has pushed above resistance at 1.3564 and is testing 1.3589 Above, there is resistance at 1.3605There is support at 1.3548 GBPUSD 1-Day September 15, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Most Read: Markets Weekly Outlook - S&P 500, Nasdaq & Dow Jones on a Tear as Fed Rate Cut Looms Oil prices have risen as much as 1.17% at the start of the week following claims by Ukrainian forces that their recent drone attacks have hit two major Russian oil centers in the Baltic Sea. According to reports, these strikes temporarily halted crude oil shipments at Primorsk, Russia's biggest oil port, late last week. There are also claims that three pumping stations that send oil to another port, Ust-Luga, were also attacked. Russia Sanction Calls Grow Add to this growing calls for harsher sanctions on countries and entities which are still purchasing Russian Oil. Pressure is increasing on Russia after a statement from the U.S. President. On Saturday, he said the U.S. is ready to place new sanctions on Russia's energy sector. However, this would only happen if all NATO member countries agree to stop buying Russian oil and enforce similar actions. Markets appear cautious in this regard and thus oil prices remain supported. China Oil Demand Robust Despite Poor Industrial Production Data Based on data from this morning, Chinese oil refiners processed almost 15 million barrels of crude oil per day in August. This is a 7.6% increase from the same time last year, thanks to a combination of strong oil imports and more oil being produced within China. Additionally, the apparent demand for oil in China—the amount of oil being used—rose to 14.53 million barrels per day last month, which is a 4.9% increase compared to August of the previous year. This comes as Chinese data off late have shown signs of deterioration which may be a concern moving forward. For now though, Oil demand and refining remains at impressive levels which will also support oil prices as it mitigates any fears around a demand slowdown for now. Outlook Moving Forward Despite the rally we are seeing today Oil prices upside potential may remain limited. The reason for this is largely down to growing expectations of a potential slowdown in global growth for the rest of the year. OPEC + output hike has also added to the dilemma which is keeping Oil prices relatively rangebound. Later in the week, the Federal Reserve interest rate decision could have a knock-on impact on oil prices as well. We will also get updated inventories data as markets brace for a potential inventory build-up in Q4 2025. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Technical Analysis - WTI From a technical analysis standpoint, Oil is eyeing a move toward the 100-day MA which rests at 64.65. Oil has failed to break above the 64.00 a barrel mark since September 4. Any attempt to break above this level has been met with significant selling pressure. However, a close around the current price would provide some hope for bulls, as it would be seen as a morningstar candlestick pattern which hints at further upside. Any move will depend on developments around Russia/Ukraine which for the moment seems to be the major driving force of Oil price moves. Immediate resistance rests at 64.00 before the psychological 65.00 mark and the 200-day MA at 67.15 come into focus. Looking at support to the downside and the first point of interest will be the recent swing low at 62.19 before the 60.77 and psychological 60.00 handle come into focus. WTI Oil Daily Chart, September 15, 2025 Source: TradingView (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Dogecoin recently faced a slight pullback after hitting a fresh high, yet its overall momentum remains firmly intact. Key Ichimoku indicators continue to align in favor of the bulls, reinforcing the strength behind the trend. Pullback Fails To Shake Bullish Structure Trader Tardigrade, an analyst on X, noted in a recent update that Dogecoin (DOGE) has seen a pullback after reaching its recent high. Despite this retracement, the overall structure remains firm, suggesting that the market still favors strength on the higher timeframes. According to the analysis, the Ichimoku indicators continue to show strong alignment. This setup reinforces the bullish outlook, as the cloud and key lines continue to support ongoing momentum. The update also highlighted that five previous long trades remain highly profitable. With the bullish conditions holding, there has been no reason to exit these positions yet. The consistency of these profitable trades underscores the reliability of the Ichimoku signals in tracking Dogecoin’s performance. However, the analyst made it clear that profit-taking will only be triggered by a bearish signal. Specifically, attention is on the potential for a Tenkan-sen/Kijun-sen cross, the Conversion line moving below the Base line, which would indicate a shift in momentum. Key Levels And Uptrend Score Furthermore, Trader Tardigrade outlined the key support levels for DOGE based on Ichimoku analysis. The Kijun-sen offers immediate support at $0.24770, while a broader support zone lies between $0.21517 and $0.22400 at the Kumo cloud. These levels are seen as critical areas where buyers may step in to maintain the bullish structure. The analyst also noted the significance of the Kumo cloud’s current color, which is green. This reflects a bullish bias in the market and adds another layer of confirmation to the ongoing uptrend. With the cloud trending positively, momentum appears to favor the bulls. Breaking down the trends further, the short-term outlook shows price trading above the Kijun-sen, signaling continued upward pressure. In the mid-term, DOGE remains above the Kumo cloud, further strengthening the case for sustained bullish momentum. On the long-term chart, the Chikou Span is positioned above the price, which reinforces the broader uptrend. Altogether, these conditions result in an overall Ichimoku score of +4, indicating a strong uptrend across multiple timeframes. Such alignment suggests that Dogecoin is well-positioned to extend its strength if support levels hold. In summary, the technical data presented by Trader Tardigrade corroborates his earlier assessment. DOGE’s current position, supported by a perfect alignment of bullish indicators and a total score of +4, confirms a strong uptrend.

The Ethereum Foundation’s Privacy and Scaling Explorations team has rebranded as Privacy Stewards of Ethereum (PSE). Such a name change reflects its push to make end-to-end privacy an essential part of the network. As highlighted on PSE’s new roadmap, the team’s role ‘isn’t to own every solution in the space, but to drive clarity, focus, collaborations, and outcomes across the ecosystem.’ This way, they can ensure ‘privacy is treated as a first-class feature at the application layer.’ Alongside these developments, Best Wallet emerges as an excellent combo. The non-custodial crypto wallet gives you full control of your assets on Ethereum and beyond with top-notch safeguarding measures. Ethereum’s PSE Turns to Private Writes, Reads & Proving PSE’s ultimate vision is to make privacy on the Ethereum network a norm, not just an afterthought. It aims to achieve this through protections embedded across the entire stack, spanning protocol applications, wallets, and governance. Their roadmap is structured around three key tracks: Private writes: Makes private transactions, votes, and dApp interactions as easy and cost-effective as public ones; Private reads: Allows users to query balances, contracts, or data without exploring identity or intent; Private proving: Enables fast, Zero-Knowledge Proofs (ZKPs) for secure, portable, and verifiable data sharing. To bring this to life, the PSE prioritizes transfers with PlasmaFold and privacy wallets, new voting systems with Aragon, and confidential DeFi standards for institutions. They’re also working on privacy-preserving Remote Procedure Calls (RPCs), mixnets, ZK-based identity, and a faster proving system. And all while emphasizing user experience, such as making privacy tools powerful yet super easy to use. Instead of building every solution itself, the PSE aims to collaborate openly with builders, researchers, and projects. By steering the network while encouraging open collaboration, the PSE is laying the foundation for a privacy-first Ethereum. Given that Best Wallet shares similar ethos, they work hand in hand to make crypto safer, more private, and user-centric. Best Wallet Combines Security, Presales & Cross-Chain Swaps Available on iOS and Google Play, the Best Wallet mobile app positions itself as a highly secure way to manage crypto while on the move. As a non-custodial wallet, it gives you complete access to your private keys. It also includes protections like 2FA, biometric, and local encryption, so only you can control your crypto holdings. Even if you happen to lose account access, you’ll easily be able to retrieve your assets thanks to the wallet’s encrypted cloud backups (with no seed or recovery phrase required). Better yet, it makes it super easy to buy, sell, manage, and swap over 1K assets across not just Ethereum but other major chains like BNB Chain and Polygon. In fact, it promises to support 60 networks in the future so that you can anticipate even broader crypto opportunities. Moreover, the app has its very own launchpad, allowing you to access the best crypto presales. That, coupled with a swap engine that scans more than 330 DEXs and 30 bridges, offers you the best possible rates. It also plans to launch more advanced tools, including market intel analytics, stop-loss orders, and derivatives trading. Best Wallet’s native token – $BEST – makes all this possible. The reason is that a sizable 25% of its total token supply is earmarked for product development, ensuring long-term growth for the entire ecosystem. And that’s not all. Holding $BEST unlocks additional benefits, including governance rights, staking rewards at an 84% APY, and lower gas fees. To reap the perks, you can buy $BEST on presale for just $0.025645, using either $ETH, $BNB, $USDT, $USDC, $FLOKI, SHIB, $PEPE, $DOGE, or fiat. Now’s a great time to do precisely that as new app developments could propel the token to $0.035215 this year – a potential ROI exceeding 35%. For more information, check out our Best Wallet crypto review. Authored by Leah Waters, NewsBTC: https://www.newsbtc.com/news/best-wallet-non-custodial-combo-with-ethereum-privacy

Newmont Corp (NYSE: NEM) has agreed to sell its Coffee gold project in Yukon to Fuerte Metals (TSXV: FMT) for up to $150 million, completing a year-long divestment plan. Under the deal, Newmont will receive $10 million in cash at closing and $40 million in Fuerte shares. The company will also retain a 3% net smelter return royalty on the project, which Fuerte can repurchase for up to $100 million. The sale finalizes Newmont’s exit from eight non-core assets it put on the block in early 2024, including the Éléonore mine in Quebec, the Musselwhite and Porcupine mines in Ontario and its 70% stake in the Havieron project in Western Australia. Newmont chief executive officer Tom Palmer said the transaction aligns with the company’s strategy to streamline its portfolio and sharpen focus on core operations. He added that Fuerte is positioned to advance Coffee “in a socially and environmentally conscious manner” while maintaining commitments to First Nations and other stakeholders. Through the deal, Newmont will hold about 27% of Fuerte’s shares via its Goldcorp Canada subsidiary, joining Agnico Eagle, Pierre Lassonde, and Trinity Capital Partners as major shareholders. Lassonde served as Newmont’s president from 2002 to 2007. The US-based gold giant, which continues to operate the Brucejack and Red Chris mines in Canada, applied last week to voluntarily delist from the Toronto Stock Exchange, citing low trading volumes. Transformational Fuerte Metals called the Coffee acquisition transformational. CEO Tim Warman said the project is on track to complete permitting and has the backing of strong technical and financial partners. Coffee holds one of the largest and highest-grade heap leach resources globally, with three million ounces of measured and indicated resources at 1.15 g/t gold. Fuerte plans to finish a preliminary economic assessment in the first half of 2026 and a feasibility study later that year.

Bitcoin distribution via miners takes a step back, Japan lowers Bitcoin taxes, Cameron Winklevoss believes in a 10x Bitcoin, while $BTC’s profitability hits historic highs. These are just some of the recent developments in the crypto world and we’ll discuss all of them. The first to touch on is Bitcoin’s profitability retesting a historical point after reaching a 92% threshold in Supply in Profit. This matters because, every time Bitcoin pushed above 90%, a bull rune followed. And the same thing is likely to happen now, as Bitcoin stagnates between $114K and $116K. An October bull run would push Bitcoin Hyper ($HYPER) up the charts faster than ever. The presale is already at $16M, showcasing sustained investor confidence in the project’s future as one of the best altcoins of 2025. Will the New Bitcoin Season Start in October? All evidence points to a rich October. The most recent news crosses the Pacific from Japan, where the government decided to cut Bitcoin taxes by more than half. According to Coin Bureau, Japan slashed Bitcoin taxes from 55% to 20% for 2026, which spells good news for the Asian crypto markets. Especially in the context of Metaplanet increasing its Bitcoin treasury, currently at 20,136 $BTC, and leading by example. But it’s the US taking the helm, with Strategy leading the pro-Bitcoin movement. The company holds the largest Bitcoin treasury in the world with 638,460 $BTC, valued at over $74B, and keeps buying regularly. Pair this with the Bitcoin miners’ shift to HODLing, which increases the asset’s scarcity, and we can see where this is going. The Winklevoss twins, the co-founders of Gemini, believe it’s going to a 10X Bitcoin. The two said they see Bitcoin as ‘Gold 2.0’ and that it can easily reach $1M per coin in 10-years time. This comes just as Gemini hit Nasdaq last Friday, with $28 per share, after raising over $425M during its IPO. The conclusion is almost self-explanatory: Bitcoin will see a fiery end of the year, especially with Bitcoin Hyper ($HYPER) targeting a Q4 release. How Bitcoin Hyper’s $16M Presale Will Contribute to Bitcoin’s Success Bitcoin Hyper ($HYPER) is set to accelerate Bitcoin’s success by fixing one of the network’s most pressing issues: its capped performance. Bitcoin is currently limited at 7 transactions per second (3 right now), which is responsible for several problems, like slow and expensive transactions, no scalability, and a fee-based priority system, causing small transactions to sometimes experience hours-long finality times. Bitcoin Hyper changes that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM). The Canonical Bridge connects Hyper to the Bitcoin ecosystem and relies on the Bitcoin Relay Program to confirm incoming transactions. The Bridge then mints the tokens into the Hyper layer, allowing investors to use them within the Hyper ecosystem or withdraw them to the Bitcoin network whenever necessary. Together with SVM, which delivers the ultra-fast execution of smart contracts and DeFi apps, the Canonical Bridge turns Hyper into a fast-performing ecosystem that upgrades Bitcoin to modern standards. The presale is now at over $16M, with Hyper sitting at $0.012925. Based on the project’s utility and scope, we expect $HYPER to experience widespread adoption shortly after launch. Our price prediction for $HYPER is $0.025 by the end of 2025 and $0.25 by the end of 2030. This translates into a 10-year ROI of 1,834%. With the community behind it, $HYPER could very well defy these predictions and go even higher. If you want to invest, read our guide on how to buy $HYPER and get your tokens while they’re still at presale price. Remember, this isn’t financial advice. Do your own research (DYOR) and invest wisely. Authored by Aaron Walker, NewsBTC: Bitcoin Weekend Takeaways & Analysis: Bitcoin Hyper Might Be 2025’s Best Altcoin

Bitcoin is trading at a critical level after a quiet weekend, with bulls managing to defend key supports but struggling to generate fresh upside momentum. The market remains tense as investors await the US Federal Reserve’s interest rate decision scheduled for this Wednesday. A potential 25-basis-point cut is widely anticipated, which many see as a sign of a gradual pivot rather than an aggressive measure. Such a move could spark optimism across risk assets, including crypto, as it signals a more supportive monetary environment without triggering fears of economic distress. For Bitcoin, the focus is on whether it can sustain its position above critical price levels while macroeconomic factors shape broader sentiment. Data from CryptoQuant shows that BTC is increasingly shifting into “HODL mode,” with supply moving off exchanges and into long-term storage. This pattern suggests that conviction-driven holders are accumulating rather than selling, reducing available liquidity on the market. The combination of macro catalysts and strengthening onchain fundamentals sets the stage for a pivotal week. If Bitcoin holds its ground through the Fed’s announcement, the groundwork could be laid for renewed momentum once volatility surrounding the decision begins to fade. Bitcoin Spot Volumes Halve Bitcoin enters a decisive week with a striking shift in market behavior. Top analyst Axel Adler shared insights showing that in January 2025, spot trading volumes peaked at $636 billion, but by August, that figure had nearly halved to $322 billion. This sharp decline in trading activity on centralized exchanges (CEXs) underscores a market in transition, with participants moving away from active speculation and into what Adler describes as “HODL mode.” The drop in volumes reflects a broader cooling of short-term trading enthusiasm. Investors appear less inclined to chase rapid price moves, instead opting for long-term accumulation strategies. Exchange data supports this, showing consistent outflows as Bitcoin is withdrawn into private wallets and cold storage. Such behavior indicates a growing conviction that BTC’s value lies in its long-term potential rather than short-term trading gains. For Bitcoin, the combination of halving spot activity and mounting anticipation for the Fed’s move creates a tense equilibrium. On one hand, reduced selling pressure from sidelined traders supports price stability. On the other hand, thin liquidity raises the risk of sharper swings once volatility returns. As Bitcoin holds near critical levels, the coming days may determine whether this HODL-driven environment provides the foundation for resilience—or if macro forces spark a more dramatic revaluation across the crypto market. Technical Details: Holding Key Demand Bitcoin is currently trading near $114,987, showing signs of consolidation after its recent bounce from early September lows around $110,000. The daily chart highlights that BTC has reclaimed both the 50-day SMA at $114,399 and the 100-day SMA at $112,681, strengthening the short-term bullish outlook. These moving averages now serve as immediate support levels, indicating that buyers are regaining momentum. The key resistance remains at $116,000–$117,000, where BTC has struggled to establish a sustained breakout. A successful close above this zone would clear the path toward retesting the cycle high at $123,217. This level has been a major barrier since July and will be the defining hurdle for bulls in the weeks ahead. On the downside, support is around $112,500, aligning with the 100-day SMA. A break below this level could reopen the risk of a retest of $110,000, which has acted as a critical floor. The 200-day SMA at $102,652 remains the ultimate safety net in case of deeper corrections. Featured image from Dall-E, chart from TradingView