Japan holds about $200 billion in cash reserves for yen-buying interventions, enough for a few more rounds like last month's historic effort, according to Goldman Sachs. The Bank of Japan's ability to intervene is bolstered by access to a Federal Reserve facility that can provide up to $1 trillion in liquid funds. The yen's recent gains after intervention have faded, and future actions depend on interest rate differences between Japan and the U.S. If the BOJ delays rate hikes, the yen may weaken further, increasing chances of more intervention. Market sentiment is cautious, with traders pricing in risks of sudden yen moves.
The Bitcoin BLAKE2b fork, which split from Bitcoin in August 2026, is introducing a new rule requiring miners to wait 45 days before spending newly mined coins to prevent network exploitation. This comes after the fork's token, BTCB2, dropped 84% fro...
SAGA Metals Corp. reported significant progress on its two 100%-owned Labrador projects: the Radar Titanium-Vanadium-Iron Project and the Wolverine Heavy Rare Earth Element Project. The Northern Miner, a respected mining publication, conducted site v...
Gold Strike Resources Corp. has joined the Yukon Mining Alliance, a group promoting Yukon as a top mining jurisdiction. This membership will help Gold Strike showcase its Florin Gold Project and other assets in the promising Tombstone Gold Belt, whic...
Hayasa Metals announced a non-binding term sheet for a Strategic Exploration Alliance with a major mining company to explore copper and critical metals in southern Armenia's Tethyan Belt. The alliance, funded by the major miner, aims to identify econ...
Beyond Minerals Inc. completed a private placement of a $50,000 unsecured convertible debenture with 10% interest, convertible into shares at $0.05 each, to fund general working capital. The company also elected to adopt semi-annual financial reporti...
