Archive

May 2025

Browsing

Kaiser Reef Limited (“Kaiser”, or “the Company”) (ASX:KAU) is pleased to announce that the first 10 days of ownership of the Henty Gold Mine has progressed to plan and the operation continues to bed in under Kaiser ownership.

Highlights

  • First 10 days of Henty ownership
  • Record Kaiser gold pour >1,200 ounces from Henty
  • Kaiser transformed into a ≈ 30kozpa gold producer1,3

The first gold pour under Kaiser’s ownership has likely exceeded 1,200oz of gold, and is currently in transit to the Perth Mint for refining and outturn.

The acquisition of the Henty Gold Mine has positioned Kaiser as a multi-asset gold producer with significant growth potential.

Brad Valiukas, Kaiser’s executive Director – Operations commented:

“It’s been an excellent start for Kaiser at Henty, the team is transitioning well, and operational performance has been excellent. We are well positioned to build on the success that Catalyst has had at Henty, as it becomes our flagship asset. Kaiser is now a significantly stronger Company with the incorporation of Henty, and we look forward to advancing our assets and the Company.”

Key highlights of the Henty Gold Mine include:

  • Established production platform: Henty Gold Mine is a proven gold production operation, with historical production of 1.4Moz -8.9g/t2. Since its acquisition by Catalyst in 2021, significant operational improvements have been made, including investments in drill platforms, drilling, tailings, underground fleet and people.
  • 5-year mine plan: Work to date has culminated in establishing a robust 5-year mine plan underpinned by a current Ore Reserves of 1.2Mt @ 4.0g/t for 154koz3. There is significant scope to extend mine life based on the current Mineral Resource of 4.1Mt @ 3.4g/t Au for 449koz3 along with the opportunities for near-mine exploration and development success.
  • Significant infrastructure: The Henty mine benefits from significant infrastructure including a 300ktpa CIL processing plant, surface & underground workshops, administration complex, access to hydro generated grid power and refreshed tailings storage capacity.
  • Implement and build on operational capacity: The Kaiser executive team brings extensive experience in optimising similar assets through a combination of operational improvement and targeted exploration investment. Supported by Catalyst as a 19.99% strategic shareholder, and skilled operating team and local workforce of over 150 employees, Kaiser is well-positioned to drive further value.
  • Flagship asset: As Kaiser’s flagship asset, Henty will receive dedicated focus to continue the significant work completed by Catalyst and further drive operational improvements.

For further information in respect to the acquisition, please refer to the Company’s ASX Announcement dated 24 March 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

Hyperdrive:– Stablecoins have become the established interest of Venture Capitalists in web3 now. With their total market cap surpassing $240 billion as of writing, they are continuing to gain widespread acceptance. An increasing number of firms in web3 are making their bet on Stablecoins, receiving support from VCs. In a latest instance to this, Hyperdrive, a stablecoin infra based project on Hyperliquid blockchain, has received $6 million in Series A funding support. The round was led by Hack VC and Arrington Capital with participation from Amber, Delphi Ventures, Proof, Calado among others. Interestingly, the funding comes as the token of blockchain on which Hyperdrive is built – HYPE – surpasses Sui to rank 13th in terms of market cap. $HYPE is currently trading at $37.96 setting a new historic high. HYPE Price In Past 7 Days Also Read: HYPE’s $13 trillion Rally Hyperdrive Market To Allow Borrowing and Lending of… Read More at Coingape.com

The post Crypto Funding: Hyperdrive Raises $6 mn to Build Stablecoin Money Market appeared first on CoinGape.

With Bitcoin hitting $111K ATH, investors are reminiscing about how much BTC has grown in the past decade. If Pi Coin were to achieve a similar growth, it would be massive. Let’s explore how many Pi tokens an investor needs to hold if the Pi Coin price today is similar to Bitcoin back in 2010. How much would Pi Network price need to rally for a holder to retire with $1M? At press time, Pi Coin is trading at $0.7846 following a 20.23% rally over the past month. According to historical data, the highest Bitcoin price in 2010 was $0.35. A holder who accumulated 10,000 BTC at that price reached $1 million in April 2013 when the cryptocurrency reached $100. Is 10,000 PI Enough to Retire with $1 Million? If Pi Coin today is Bitcoin in 2010, would you still need 10,000 PI in your portfolio to retire with $1… Read More at Coingape.com

The post If Pi Coin Today is Bitcoin in 2010, How Much Should You Hold to Retire with $1M? appeared first on CoinGape.

The crypto investment products have witnessed $3.3 billion in inflow this week, and a massive XRP inflow crash. The popular cryptocurrency has faced a $37.2M outflow, whereas its competitors have taken the lead in inflows, raising suspicion on some underlying issues. Meanwhile, the XRP price also struggled on the chart. So, let’s discuss the key reasons behind this downfall. XRP Inflows Crash While SOL, ADA Gains Momentum According to the CoinShares report, the crypto investment products are witnessing high inflows, $3.3 billion weekly and $10.8 billion over 6 weeks. In the period, the AUM event hit $187.5 billion briefly before declining, led by the Bitcoin price rally to an ATH. However, XRP inflows lost momentum this week, witnessing a $37.2 million crash, the worst weekly performance. Interestingly, this change wasn’t new, as the XRP downtrend has been going on for nearly a month, with $28.6M outflows to date. As a… Read More at Coingape.com

The post Top 3 Reasons Why XRP Inflows Crash to $37 Million appeared first on CoinGape.

SUI Price is 3.91% up in 24 hours after SUI’s top DEX Cetus announced the freezing of $162 million of the $220 million that hackers drained on Thursday’s smart contract exploit. As per a Q&A update by Cetus, the frozen amount was held within SUI while the remaining $60 million is held in ETH outside the ecosystem.  To recover 100% of the funds, the team said a concerted effort was already underway between them, the SUI Foundation and various other entities. What’s Happening with SUI? On May 24, SUI released an update on X explaining how the funds were frozen to calm concerns of the network’s centralization risk. “Each validator has a configuration file that allows it to ignore transactions from a specific address. Adding addresses to this file is at the discretion of each individual validator, and can be reversed at any time,” Said the tweet. For this reason,… Read More at Coingape.com

The post Analyst Reveals Timeline for $20 SUI appeared first on CoinGape.

Michael Saylor’s Strategy, previously known as MicroStrategy, made another BTC purchase between May 19 and 25, bringing its total holdings to 580,250 BTC. This comes amid plans to raise $2.1 billion to buy more BTC. Meanwhile, the MSTR stock price is in the red and has failed to rally despite the announcement of this most recent Bitcoin purchase. Strategy Purchases 4,020 BTC for $427.1 Million In a press release, the company announced that it has purchased 4,020 BTC for $427.1 million at an average cost of $106,237 per Bitcoin. It has also achieved a BTC yield of 16.8% year-to-date (YTD). The firm now holds 580,250 BTC, which it acquired for $40.16 billion at an average price of $69,979 per Bitcoin. It remains the public company with the largest Bitcoin holdings, well ahead of the second-placed MARA Holdings. This marks the company’s seventh consecutive Bitcoin purchase in a period that dates… Read More at Coingape.com

The post Breaking: Strategy Acquires 4,020 BTC For $427M; MSTR Stock Price Down 7% appeared first on CoinGape.

After a very strong move in the week before this one, the markets chose to take a breather. They moved in a wide range but ended the week on a mildly negative note after rebounding from their low point of the week. While defending the key levels, the markets largely chose to stay within a defined range. The trading range remained reasonably wide; the Nifty oscillated in a 600.55-point range over the past five sessions. The volatility inched modestly higher; the India Vix rose 4.40% to 17.28 on a weekly basis. While keeping its head above crucial levels, the headline index closed with a net weekly loss of 166.65 points (-0.67).

The coming week will be an expiry week; we will have monthly derivatives expiry playing out as well. Going by the options data, the Nifty has created a trading range between 25100 and 24500 levels. The markets are likely to consolidate in this 600-point trading range. A directional bias would emerge only if the Nifty takes out 25100 on the upside convincingly or ends up violating the 24500 level. While the underlying trend stays intact, the markets are unlikely to develop any sustainable trend so long as they do not move past the 25100 level. While the markets stay in the defined range, it would be prudent to vigilantly guard profits at higher levels and rotate sectors effectively to remain invested in the relatively stronger pockets.

The coming week is likely to see the levels of 25000 and 25175 acting as potential resistance points. The supports come in lower at 24600 and 24450 levels.

The weekly RSI is at 60.14; it stays neutral and does not show any divergence against the price. The weekly MACD is bullish and stays above its signal line.

The pattern analysis shows that the Nifty has formed a trading range between 25100 on the higher side and 24500 on the lower side. This means that a directional bias would emerge only if Nifty moves past 25100 convincingly or violates the 24500 level. Until either of these two things happens, we will see the Nifty consolidating in this defined range. The Nifty has so far defended the pattern support level that also exists in the 24400-24500 zone.

Overall, the markets continue to remain in a challenging environment and face strong resistance near the 25100 level. So long as the Nifty stays below this level, it stays prone to corrective spikes, which may also keep volatility at slightly elevated levels as well. Given the current technical structure, it would be imperative that not only the sectors be rotated properly to stay invested in relatively stronger pockets, but all existing gains must also be vigilantly guarded at current levels by the investors. While continuing to keep leveraged exposures at modest levels, a cautious outlook is advised for the coming week.


Sector Analysis for the coming week

In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks. 

Relative Rotation Graphs (RRG) show that while the Nifty Consumption, PSU Bank, Infrastructure, Banknifty, FMCG, and Commodities indices are in the leading quadrant, all are showing a distinct slowdown in their relative momentum against the broader Nifty 500 Index. While these groups are likely to show resilience and may relatively outperform, except for the Consumption Index, they are giving up in favor of other sectors that are showing renewed relative strength.

The Nifty Financial Services Index has rolled inside the weakening quadrant. The Nifty Metal and Services Sector Indices are also inside the weakening quadrant.

While the Nifty Pharma Index continues to languish inside the lagging quadrant, the IT Index, which is also inside the lagging quadrant, is showing sharp improvement in its relative momentum against the broader markets.

The Nifty Realty, Auto, Midcap 100, and Energy Sector Indices are inside the improving quadrant. These groups are expected to continue bettering their relative performance against the broader markets.


Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  


Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

Dogecoin charts show formation of bullish “Adam and Eve” double bottom pattern, a market structure that precedes a major breakout. This pattern emerged on the weekly chart and follows a notable DOGE price gain of 6.69% over the past seven days. The on chain metrics and other factors support this breakout.  Is A Dogecoin Breakout to $1 Next? Dogecoin price targets an 88.97% breakout toward $1.08 as it completes a rare Adam and Eve double bottom on the weekly chart. The meme coin is consolidating near $0.228, following a rounded Eve bottom from mid-2022 to late 2024, and a sharp retracement and spike forming the v-shaped Adam structure in early 2025. The Adam and Eve pattern is a bottoming structure that typically marks the end of a prolonged downtrend. It comprises two distinct troughs — a rounded “Eve” followed by a steep “Adam”, which usually signals a shift in momentum… Read More at Coingape.com

The post Dogecoin Price Ready for A Breakout As Charts Print Rare Bullish Signal appeared first on CoinGape.

The author of ‘Rich Dad Poor Dad’ Robert Kiyosaki, has broken his silence on the real reason he invests in Bitcoin (BTC) as an asset. In a post on X titled ‘ARE YOU BREAKING the LAWS?,’ he spoke directly to those violating the core principles about money, highlighting why they are poor. While not uncommon, this latest post justifies his adoption of Bitcoin as a store of value. Robert Kiyosaki Validates Bitcoin as Investment to Save According to the financial expert, the poor violate two important laws of money: Gresham’s Law and Metcalf’s Law. Gresham’s law states that when bad money enters a system, good money goes into hiding. He slammed those who save fake money while shunning real money. He named his three favorites, which include Gold, Silver, and Bitcoin. ARE YOU BREAKING the LAWS? Most poor people are poor…. because they break the 2 most important laws of… Read More at Coingape.com

The post Robert Kiyosaki Reveals Real Reason Why He Invests In Bitcoin appeared first on CoinGape.

Pro-XRP lawyer John Deaton has tapped two Ripple executives to join an exclusive list of crypto all-time greats. The XRP supporter argues that Ripple’s co-founder, Jed McCaleb, and company CTO, David Schwartz, can sit alongside Satoshi Nakamoto on Crypto Mount Rushmore. Ripple Executives To Rank Alongside Satoshi and Buterin On Crypto Mount Rushmore In an X post, John Deaton unveiled his picks for a Crypto Mount Rushmore, placing anonymous Bitcoin creator Satoshi Nakamoto at the top. Beneath Satoshi’s blank face, the pro XRP lawyer reels out potential candidates to make the cut for a Crypto Mount Rushmore based on their contributions to the cryptoverse. Deaton taps Ethereum co-founder Vitalik Buterin to make the exclusive list for introducing smart contracts and decentralized applications. Deaton says Buterin’s inclusion into the list is a “no-brainer” given his pioneering status in the ecosystem. The lawyer tips Ripple co-founder Jed McCaleb to make the cut,… Read More at Coingape.com

The post XRP Lawyer Reveals Crypto Mount Rushmore List: Ripple Executives Join Satoshi Nakamoto appeared first on CoinGape.