Trump asks his Treasury Secretary about the Fed every day and wants Powell gone

  vor 6 Tagen

Scott Bessent says Donald Trump brings up the Federal Reserve with him every single day. The president has made it clear since before he won the election again that he does not like Jerome Powell, neither as a person nor as the head of the most powerful central bank on the planet. “He’s frequently expressed his disappointment with Chair Powell,” Scott said during his appearance on Kudlow. Right now, Powell is facing a criminal investigation . The Department of Justice is looking into whether he lied to Congress about the massive renovation project going on at the Fed’s headquarters in Washington. Scott didn’t defend him. “I don’t know anything about construction, seemingly not many people at the Fed do,” he said. That was his entire take. Brutal and blunt. Scott calls for overhaul as Powell investigation heats up The Treasury Secretary admitted he doesn’t have much information about the case, but he used the opportunity to drag the Fed for how it operates. He said the place “needs a lot of work.” Then he doubled down. “It does need a thorough overhaul,” he told Larry Kudlow. According to Scott, the Federal Reserve affects every American, but there’s “no accountability” inside that building. He said this scandal might finally push his long-standing demand for an internal investigation. “I’ve been calling for an internal investigation or an internal review of all this, so perhaps this will push that idea along,” Scott said. This isn’t just about drywall and plumbing anymore. It’s turned into a war over who controls monetary policy. Powell made his own statement . “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions, or whether instead monetary policy will be directed by political pressure or intimidation,” he said in a video. But that didn’t stop the firestorm. Trump, a longtime Powell critic, has threatened to fire him before. He’s accused Powell of acting politically, even though the role of Fed Chair is supposed to be nonpartisan. This time, the problem is bigger than just politics. A criminal charge could remove Powell permanently. Scott was also asked about who might take over. He confirmed the final round of interviews is done. But Trump isn’t telling him much. “President Trump hasn’t shared his thoughts with me,” he said. “What I can tell you is he’s been very deliberate. He has asked exactly the questions that I think you and I and the markets would want to ask.” Kevin Hassett had been seen as a top contender to replace Powell. But Trump made it clear that’s off the table. “I actually want to keep you where you are, if you want to know the truth,” he told Hassett directly at the White House. That pretty much ended Hassett’s chances. Scott confirmed it. “If that’s the president’s prerogative, then so be it,” he said. As far as who gets the job, it’s still anyone’s guess. “Only the president knows. … It’s his prerogative. He has been thinking about this almost since day one of Trump 2.0,” Scott said. The decision is expected in January. Scott said he thinks it’ll happen “either before he leaves for Davos or when he returns.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

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Dogecoin price prediction 2026-2032: DOGE to the moon?

  vor 6 Tagen

Key takeaways : DOGE price may reach $0.212776 by the end of 2026. By 2028, DOGE may potentially achieve a peak price of $0.449194. By 2032, DOGE might touch $0.92203 with an average trading price of $0.886567. Propelled by a dedicated community of part-time developers and enthusiastic internet supporters, Dogecoin is poised for significant growth in the coming years. Despite relying on borrowed code due to limited resources, its popularity continues to soar, with tens of thousands of social media followers advocating for supply limitations. Having touched its ATH at $0.7376, will DOGE reach $1? Let’s get into the Dogecoin price prediction and technical analysis. Overview Cryptocurrency Dogecoin Token DOGE Price $0.137 (-0.72%) Market Cap $23.17B Trading Volume (24-hour) $946.31M Circulating Supply 168.35B DOGE All-time High $0.7316 May 08, 2021 All-time Low $0.00008547 May 07, 2015 24-hour High $0.1384 24-hour Low $0.1357 Dogecoin price prediction: Technical analysis Current Price $0.137 Price Prediction $0.1586 (15.08%) Fear & Greed Index 50 (Neutral) Sentiment Bearish Volatility 6.96% Green Days 11/30 (37%) 50-Day SMA $0.1377 Dogecoin price analysis TL;DR Breakdown: Dogecoin price analysis confirmed a downtrend as its price decreased toward $0.137. The cryptocurrency lost 0.72% of its value. The DOGE coin has support around the $0.132 level. As of January 17, 2026, Dogecoin’s price analysis reveals a sustained downward trend. The memecoin’s value slipped to $0.137 today, marking a 0.72% decline from yesterday’s closing price of $0.138. This situation suggests a bearish market sentiment as the asset continues to shed value; however, the coin may find support near the $0.132 zone as it trends toward that level. Dogecoin 1-day price chart analysis The one-day chart for Dogecoin indicates a bearish trend with selling pressure continuing for the coin. The memecoin’s price decreased to $0.137 today. Red candlesticks on the chart shows the continuation of selling momentum. Negative sentiment is currently rising, as the altcoin is losing once again. DOGE/USD 1-day price chart. Source: TradingView The distance between the Bollinger Bands defines the intensity of volatility. This distance has widened, leading to high volatility levels. Moreover, the upper limit of the Bollinger Bands indicator, indicating the resistance level, has shifted to $0.157, whereas its lower limit, serving as the support, has moved to $0.120. The Relative Strength Index (RSI) indicator is trending in the central neutral area. The indicator’s curve has reached 48 in the past 24 hours. The indicator gives a sell indication as it moves downwards, as the overall market sentiment is negative as of now. DOGE/USD 4-hour price analysis Buying momentum returns below the SMA, which is evident from green candlesticks, as bulls are trying to take the lead. The DOGE/USD pair is facing decreased volatility as it approaches the $0.137 level. This decreased volatility signals less volatile price movements in the coming hours. Buying momentum is currently pushing the DOGE price toward the local resistance of $0.142. DOGE/USD 4-hour price chart. Source: TradingView The Bollinger Bands have converged, leading to comparatively low volatility levels. This convergence signifies decreased market movements. The upper Bollinger Band is now at $0.148, which indicates the resistance level. Conversely, the lower Bollinger Band is at $0.133, showing the support level. The RSI indicator is in the neutral area on the 4-hour chart. Over the last four hours, its value has increased to 42. This situation hints at buyer dominance, and further appreciation seems possible if buyers succeed in a break above the current price level of $0.137. Dogecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.1461 SELL SMA 5 0.1439 SELL SMA 10 0.1376 BUY SMA 21 0.1366 BUY SMA 50 0.1377 BUY SMA 100 0.1595 SELL SMA 200 0.1902 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.1451 SELL EMA 5 0.1444 SELL EMA 10 0.1404 SELL EMA 21 0.1370 BUY EMA 50 0.1437 SELL EMA 100 0.1615 SELL EMA 200 0.1813 SELL What can you expect from the DOGE price analysis next? Dogecoin price analysis gives a bearish prediction regarding current market events. The coin’s value has decreased to $0.137 in the past 24 hours. If sellers keep dominating the market, DOGE’s price might trigger further losses and retest the $0.132 support. Conversely, if the bullish trend revives, the meme coin may jump toward the $0.142 resistance zone. Is DOGE a good investment? Dogecoin has strong potential for growth due to its high adoption and strong community. However, DOGE is highly volatile, and its unlimited supply raises questions about its future price. Social media news and trends also highly affect the meme coin, so diversification and your own research are advised. The coin is expected to touch the $0.26006–$0.330985 level by 2027. Why is DOGE down? DOGE’s price decreased to $0.137 over the last 24 hours as sellers successfully forced buyers to exit. Moreover, sellers are currently competing for dominance over the price action. What is the expected value of Dogecoin in 2026? Dogecoin is expected to trade at an average price of $0.295522 in 2026. Will DOGE reach $0.50? If the broader cryptocurrency market turns bullish, DOGE will join the rally. As a meme coin, it runs mostly on positive speculation. It’s expected that the coin will touch this level by November 2029. Will DOGE reach $1? Considering Dogecoin’s current value, $1 is still a far-reaching target. However, robust community support can push this meme coin near $1 by 2032. However, this is not investment advice, and one must seek professional consultation or carry out their own research to create an investment strategy. As all cryptocurrency investments carry risk, due to the market volatility that may affect the future performance of the crypto assets. Will DOGE hit $10? Despite the risk involved with meme-based crypto pairs like Dogecoin, they can still shoot up on positive momentum. However, the market speculates that DOGE cannot reach the $10 level in the foreseeable future. How much is $500 worth of Dogecoin right now? $500 is worth nearly 4231.11 DOGE in January; however, this amount changes based on day-to-day price fluctuations. Does DOGE have a good long-term future? Most well-known altcoins are trading at lower levels, but looking at DOGE, it’s trading below its average price of the last year. Currently, the coin is trading below the previous year’s peak price of $0.434, which was observed in January 2025, but the trend is expected to change, and a positive outbreak can be expected. The DOGE/USD pair is expected to reach the $0.92203 mark by 2032, so holding it for longer can be beneficial. Recent news/opinions on Dogecoin The 21Shares Dogecoin ETF has entered a critical regulatory window, with a final decision expected this month. The Securities and Exchange Commission (SEC) faces a January 9, 2026, deadline to approve, deny, or once again delay the high-profile application. Dogecoin price prediction January 2026 In January 2026, DOGE could maintain a trading range of $0.0831 to $0.156. The current Dogecoin price prediction suggests an average price of $0.122. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction January 2026 $0.0831 $0.122 $0.156 Dogecoin price prediction 2026 In 2026, DOGE could maintain a trading range of $0.0743 to $0.212776, with an average price of $0.177313. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction 2026 $0.0743 $0.177313 $0.212776 Dogecoin price predictions 2027 – 2032 Year Minimum price Average price Maximum price 2027 $0.26006 $0.295522 $0.330985 2028 $0.378269 $0.413731 $0.449194 2029 $0.496478 $0.53194 $0.567403 2030 $0.614687 $0.650149 $0.685612 2031 $0.732896 $0.768358 $0.803821 2032 $0.851105 $0.886567 $0.92203 Dogecoin price prediction 2027 Dogecoin’s forecast for 2027 presents an optimistic outlook for the coin. Traders can expect a maximum price of $0.330985, an average trading price of $0.295522, and a minimum price of $0.26006. Dogecoin price prediction 2028 In 2028, DOGE could reach a maximum price of $0.449194, an average trading price of $0.413731, and a minimum price of $0.378269, which is quite higher than the current Dogecoin price. Dogecoin price prediction 2029 According to the Dogecoin price forecast for 2029, traders can expect a maximum price of $0.567403, an average trading price of $0.53194, and a minimum price of $0.496478. Dogecoin price prediction 2030 Dogecoin’s forecast for 2030 presents a positive outlook for the memecoin. The maximum expected price is $0.685612, with an average trading price of $0.650149. The predicted minimum price for Dogecoin is $0.614687. Dogecoin price prediction 2031 According to the Dogecoin price forecast for 2031, traders and investors can anticipate a maximum market value of $0.803821, a minimum price of $0.732896, and an average trading price of $0.768358. Dogecoin price prediction 2032 According to the Dogecoin price forecast for 2032, traders can expect minimum and maximum prices of $0.851105 and $0.92203, and an expected average DOGE price of $0.886567. Dogecoin price prediction 2026-2032. Source: Cryptopolitan Dogecoin market price prediction: Analysts’ DOGE price forecast Firm Name 2026 2027 DigitalCoinPrice $0.20 $0.28 CoinPedia $1.25 $5.25 Cryptopolitan’s Dogecoin (DOGE) price prediction Cryptopolitan’s Dogecoin price predictions for 2026 suggest a minimum of $0.0743, an average of $0.177313, and a maximum of $0.212776. Our analysis shows that DOGE could cross $0.92203by 2032. Dogecoin historic price sentiment DOGE price history. Chart by Coingecko 2013 was the beginning of Dogecoin, and it surged to $0.0004 in the first days of trading. By March 2014, the coin attempted a breach of $0.001 but failed, closing the year at $0.0001. In the subsequent years, Dogecoin faced immense competition from new coins, including Stellar, Neo, and Monero, which dragged the coin’s price further down. According to the Dogecoin price history, it traded in a strict range of $0.002 to $0.0036 for most of 2019. In January 2021, DOGE saw significant gains, closing the month at $0.037. Subsequently, Dogecoin attained an ATH of $0.7376 on May 8, 2021, but lost 76% of its value, closing the year at $0.1703. In 2022, Dogecoin maintained an average market price of about $0.07. The coin began trading around $0.08 in 2023 and closed the year at $0.08955, as per crypto market records. In 2024, Dogecoin (DOGE) began consolidating around $0.08, surged above $0.2 during March’s bull run, fluctuated between $0.1011 and $0.1759 through mid-year, spiked to $0.4312 in November, and ended the year at $0.314. In January 2025, DOGE clocked the highest price of $0.41; however, after shedding 38% value, it stepped down to $0.258 in February. In March, DOGE’s value decreased further as it dipped to the $0.20 range, and April saw the lowest DOGE price of $0.142. However, in May, the meme coin recovered to the $0.249 mark, following some improvement. On July 20, 2025, Dogecoin peaked at $0.274, and at the start of August, DOGE was trending near $0.214. At the start of October, Doge was trading above $0.21, and at the start of November, it hovered near $0.187. By the end of December, the price of Dogecoin declined toward $0.122. At the start of 2026, Dogecoin is trending near $0.118, as the current Doge sentiment is bearish.

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Binance to Delist Four Crypto Trading Pairs Next Week

  vor 6 Tagen

Users will be unable to open new positions on January 21.

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Zcash (ZEC) Price Analysis for January 17

  vor 6 Tagen

Can the correction of Zcash (ZEC) continue to the $300 mark?

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Pundit: XRP and Crypto Holders, Listen Closely

  vor 6 Tagen

A recent post from crypto commentator X Finance Bull (@Xfinancebull) landed at a sensitive moment for digital asset markets. His message, directed at XRP and crypto holders, warned that events unfolding in Switzerland could shape the future of global liquidity. He said next week’s World Economic Forum (WEF) in Davos would pit two competing visions of money against each other. The video focused on central banks, U.S. policy shifts, and a growing divide between public and private financial rails. These themes connect directly to XRP’s role in cross-border settlement and interoperability. LISTEN CLOSELY $XRP AND CRYPTO HOLDERS This is The Battle for the Future of Money. The BIS is pushing programmable CBDCs. Trump is sending the largest U.S. delegation in Davos history to block it. What happens next week could reshape global liquidity forever btw.… pic.twitter.com/Ow87O4XTbN — X Finance Bull (@Xfinancebull) January 15, 2026 Project Agora and the BIS Agenda In the video, X Finance Bull described Project Agora as a key initiative launched by the Bank for International Settlements in April 2024. He said it brought together seven major central banks, including the Federal Reserve New York branch, the ECB, and the Bank of England, alongside more than 40 global commercial banks. According to the video, Project Agora aims to create a unified programmable ledger for tokenized wholesale money with fast cross-border settlement. He said smart contracts would be embedded directly into money, adding, “They call it efficiency. Everyone else calls it the cage.” He described Agora as a base layer that could later extend into retail CBDCs, raising the stakes for assets like XRP. U.S. Policy Shift Under Trump He also focused on the sharp policy turn following Donald Trump’s return to office in January 2025. The speaker said Trump signed an executive order banning any U.S. federal agency from creating or promoting a CBDC . He described CBDCs as “a direct threat to freedom and dollar sovereignty.” This move halted a clear U.S. path within Project Agora. X Finance Bull noted that the New York Fed remained involved at a research level, but without authority to issue a digital dollar. He contrasted this with support for private crypto, stablecoins, and a Bitcoin strategic reserve . For XRP, this policy environment aligns with Ripple’s emphasis on private sector infrastructure that integrates with existing banks rather than replacing them with state-issued digital cash. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Davos and Competing Monetary Rails X Finance Bull described Davos, running January 19 through 23, as a decisive moment. He said Trump would attend in person with senior cabinet officials. He claimed Europe and the U.K. continue to advance programmable systems to set global standards. He said, “Either Agora stays a limited wholesale experiment, or the split becomes permanent.” That split places U.S.-led private crypto rails against European-controlled programmable systems. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit: XRP and Crypto Holders, Listen Closely appeared first on Times Tabloid .

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Solana RWA TVL zooms past $1B mark to set new record high

  vor 6 Tagen

The total value locked (TVL) in Solana’s real-world asset (RWA) ecosystem has surpassed $1 billion, setting a new all-time high. RWA.xyz. data revealed that Solana’s distributed real-world asset value has increased to $1.12 billion, up 18.84% over the previous 30 days, driven by significant capital inflows into tokenized assets. RWA involvement is also growing with 134,656 holders, or an 18.20% monthly increase. The 30-day RWA transfer volume reached $1.73 billion, a 30.02% increase from the previous month, indicating that activity is still strong, according to RWA.xyz. Institutional investors propel Solana’s RWA ecosystem growth Solana’s RWA ecosystem has officially crossed $1 billion in TVL, a new ATH. It's time to accelerate. pic.twitter.com/wx2ycBHU13 — Solana (@solana) January 15, 2026 On-chain data show that RWA’s value was below $100 million for much of the first half of 2024, then increased steadily through March and June. In September of the same year, Solana’s RWA growth began to change when TVL reached $200 million, signalling the first major capital deployment wave. In late 2024, momentum took a brief break. As of March 2025, DefiLiama revealed that RWA TVL had grown to over $350 million. Between June and September of the same year, RWA TVL increased from over $450 million to over $700 million. At last, in December 2025, Solana surpassed $800 million and then exceeded $1 billion. Solana’s RWA growth from 2024 up to date represents the growing institutional and on-chain demand for tokenized assets on the network, capping a consistent year-long ascent. Treasuries, private credit, and funds are now settling digitally, with tokenized U.S. Treasuries, such as BlackRock’s BUIDL and Ondo’s OUSG, leading the way. Data from RWA.xyz revealed that BlackRock USD Institutional Digital Liquidity Fund led investment of Solana’s RWA with around $205.3 million, PRIME held approximately $201.3 million, and Ondo U.S. Dollar Yield, in third place, held around $175.6 million. Additionally, OnRe Tokenized Reinsurance Fund held $86 million, and Ondo Short-Term US Government Bond Fund had about $71.2 million. Major institutional investors are driving growth and adoption in Solana’s real-world asset ecosystem. Source: RWA.xyz The Solana metrics revealed that these top holders held a substantial share of the $1.12 billion in total value locked, indicating strong institutional confidence in Solana’s RWA. Investors drive Solana’s market amid price stability, TVL growth The Solana RWA ecosystem , surpassing $1 billion in TVL, has led to SOL’s price stabilizing, suggesting the possibility of additional gains if SOL holds key support levels. Solana (SOL) is currently trading at $143.72, up 0.81% from the previous day. Solana’s price range has been between $140.5 and $145.4, suggesting comparatively low daily trading volume. According to CoinGecko data, Solana has grown by 5.1% over the last seven days, 9.8% in the previous fourteen, and 16.1% over the last 30 days, indicating a strong medium-term recovery. However, despite Solana’s recent gains, investor activity in U.S. Solana spot ETFs showed uneven flows, suggesting a cautious attitude among institutional and retail funds. On January 16, data from Farside Investors showed that Solana spot ETFs saw a net outflow of $2.2 million. According to the data, 21 Shares TSOL recorded a net outflow of $700,000, and Grayscale GSOL reached a net outflow of $1.9 million. Meanwhile, activity in the Solana meme coin space also grabbed the attention. Join a premium crypto trading community free for 30 days - normally $100/mo.

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Dogecoin Price Hovers Around $0.137 as Oversold Signals Hint at Potential Bounce

  vor 6 Tagen

Dogecoin is trading near $0.137, consolidating after a sharp intraday drop from around $0.138 to $0.135, where strong buying interest emerged. The swift rebound from this level highlights $0.136 as a key short-term support level, with the price quickly reclaiming the $0.137 zone. Since the recovery, DOGE has moved sideways in a tight range between $0.137 and $0.138, indicating market indecision after the volatility. A sustained hold above $0.136–$0.137 keeps the near-term structure stable, while a breakout above $0.138 would signal renewed upside momentum. At press time, Dogecoin was trading at $0.1376, down 0.38% over the past 24 hours. Dogecoin Stochastic Hits Oversold Zone, Hinting at Potential Bounce According to analyst Trader Tardigrade, Dogecoin’s daily stochastic indicator slipping into the oversold zone signals that downside momentum may be nearing exhaustion. The stochastic oscillator measures the speed and strength of recent price moves, and when it drops into oversold territory, it suggests selling pressure has become stretched relative to recent ranges. Historically, this condition has often appeared near short-term bottoms for DOGE, especially after a pullback within a broader consolidation or recovery phase. DOGE 1-day price chart, Source: X From a technical perspective, Trader Tardigrade highlights that similar oversold readings in the past have preceded relief bounces or trend resumptions, rather than prolonged declines. While an oversold signal does not guarantee an immediate reversal, it increases the likelihood of stabilization as sellers lose control and buyers step in. In this context, the current stochastic setup suggests a potential rebound phase if the price confirms with follow-through and improving momentum in the coming sessions. Dogecoin Price Stalls Near $0.138 as Bearish Trend Persists Dogecoin has remained in a sustained downtrend on the daily timeframe, sliding from the mid-$0.20 region toward the current $0.137–$0.138 area. The chart shows a consistent pattern of lower highs and lower lows, with each recovery attempt capped below previous resistance levels around $0.16 and $0.15. While price has recently stabilized near $0.1377, this move still sits well below prior breakdown zones, indicating the broader bearish structure remains intact. DOGE 1-day price chart, Source: TradingView The Bollinger Bands show price trading near the lower band, with the lower band at $0.120 and the middle 20-day moving average around $0.139, highlighting continued downside pressure and weak volatility expansion. Price remains below the mid-band, which acts as dynamic resistance. On the momentum side, the MACD is close to the zero line, with the MACD line at 0.00133 and the signal line at 0.00149, resulting in a marginally negative histogram.

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DOGE Price Analysis for January 17

  vor 6 Tagen

Can the fall of DOGE continue to the $0.14 zone?

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Crypto Debate Heats Up as Coinbase CEO Challenges Banking Influence

  vor 6 Tagen

US crypto regulations spark intense discussions over banking influence. Armstrong critiques Senate draft for stifling crypto innovation. Continue Reading: Crypto Debate Heats Up as Coinbase CEO Challenges Banking Influence The post Crypto Debate Heats Up as Coinbase CEO Challenges Banking Influence appeared first on COINTURK NEWS .

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U.S. government, tech giants, and mining companies circle Greenland for critical minerals

  vor 6 Tagen

The fight for control over the world’s most important minerals is now reaching Greenland. The U.S. government, tech giants, and mining companies are circling the island for one reason: it’s full of rare earths, lithium, and graphite, all critical for things like AI, defense systems, and consumer electronics. Donald Trump, who is now the 47th U.S. president, has made it clear that Greenland is back on his radar. “We need Greenland for national security, not for minerals,” he said in December. But House Speaker Mike Johnson said this week that it’s about both: “national security and critical minerals and many other reasons.” There’s no argument over whether Greenland has what everyone wants. What’s up in the air is how much of it can be used, and how soon. Lawmakers act as China controls mineral refining The U.S. Geological Survey lists 60 minerals as critical. That includes neodymium and dysprosium, which power magnets and motors in tech hardware, and others like germanium and gallium, which are used in fiber optics, semiconductors, and power devices. The catch? The U.S. doesn’t control most of it. China does. Right now, China supplies 98% of gallium and about 60% of germanium worldwide. And it doesn’t just mine the stuff, it also runs the refining process too. That’s what gives it leverage. “There are lots of rare earths around the world, but the issue is refining them,” said Jack Lifton, who co-chairs the Critical Minerals Institute. “The American rare earth industry could fit inside of a large bus.” To change that, a bipartisan group of lawmakers introduced a bill last week to set up a $2.5 billion reserve of rare earths. The Pentagon is already involved. In July, the Department of Defense signed a 10-year deal with MP Materials, which runs a rare earth mine in Colorado, to strengthen the supply chain and cut ties with Chinese sources. That’s where Greenland comes in. The USGS says it holds some of the largest rare earth reserves in the world, and none of them are being mined right now. Industry experts disagree over Greenland’s mineral potential Ted Feldmann, who runs Durin Mining Technologies, says the minerals in Greenland might not be worth the cost. “I think it’s a great idea to expand America’s presence in Greenland to counter Russia and China,” Ted said. “But I don’t think we should go there for the minerals.” He points to the Tanbreez site in southern Greenland, calling it one of the biggest known rare earth deposits. But the percentage of useful metal in the ore is low. “It probably isn’t economically viable to ship,” Ted said. Still, others don’t agree. Eldur Olafsson, the CEO of Amaroq, is already mining gold in southern Greenland. He says it can work, with the right backing. “Denmark is not really a resource-driven country, so the capital support up until this date has not been enough to get more mining going,” Eldur said. He says it’s not just about the money. It takes people. Equipment. Roads. Bridges. Harbors. “You also need people. You need to physically move people and build infrastructure,” Eldur said. That’s tough in a place with only 60,000 people and brutal weather. But he’s not backing off. “Alaska, Canada, Norway, Sweden and Russia all have mines, some very big mines, across the Arctic region,” he said . “These are among the best mines you can find in the world.” Eldur says demand from tech is only going to grow. “We always need new mining areas, or we need to reprocess metal, to have enough metal for the revolution that is coming, which is AI and similar technology.” Greenland’s mining licenses grow but production stays low Right now, there are over 140 active licenses issued in Greenland for mineral exploration. But only two actual mines are operating. One of them is Eldur’s. That gap between interest and action shows how hard it is to get from paperwork to production. Even if the minerals are there, price swings can shut a mine down fast. That’s exactly what happened to the Black Angel mine near Maarmorilik. It produced lead and zinc from 1973 to 1990 and still has reserves left. But when zinc prices dropped, the mine closed and never reopened. That kind of risk makes investors nervous. And it’s why most of Greenland’s minerals are still stuck underground. The island has the third-largest land-based deposit of rare earths on the planet. But no one wants to take the first big step without clear payoffs. Still, with China calling the shots in rare earths and AI putting pressure on global supply chains, interest in Greenland is not going away. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

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