Human Rights Foundation’s Alex Gladstein told a group of US political leaders that Bitcoin has “essentially saved” citizens living under dictatorships.
From beauty salons to black markets, why are Bolivians embracing crypto like never before?
The United States and other G7 members agreed to adopt a “side-by-side” approach to the framework, which would exempt American companies from parts of the international tax rules. The US administration also committed to dropping Section 899 from its tax and spending package . Named the “revenge tax” as a part of section 899, it aimed at countries with tax systems and policies that Washington deemed unfair , stipulating tax hikes. As part of the agreement, the other G7 countries also agreed to support the US position in discussions with the G20 and the Organisation for Economic Cooperation and Development (OECD), which has been spearheading global talks on corporate taxation, and some of whose proposals the US has opposed. G7 leaders hail US repeal of Section 899 as catalyst for stable tax agreement Removing section 899 of the US tax bill was key to securing the agreement among the G7 nations. They claimed that its elimination was important to provide a more stable negotiation environment. They said, “We also recognize that the removal of Section 899 is crucial to this overall understanding and to providing a more stable environment for discussions to take place.” In another statement, the G7 countries acknowledged that the side-by-side system could bring more stability and certainty to the international tax structure. UK businesses have already enjoyed clarity since the US removed Section 899 from Donald Trump’s tax bill. In the last few weeks, the country’s businesses shared their concerns over possible tax hikes due to the incorporation of Section 899 in the tax and spending bill. Now, with the provision excluded, they are spared from more taxes. However, the issue of “digital services taxes”, imposed by some countries on the profits of US tech giants like Meta Platforms Inc. and Amazon.com Inc., is still pending. However, the G7 economies stated that the side-by-side system will include open discussions on taxing the digital economy and upholding national tax sovereignty. The US tax and spending bill passed a key procedural vote on Saturday, though concerns remain Despite changes to the bill with the exclusion of Section 899, the US Senate approved a vital procedural motion to push forward Trump’s sweeping tax and spending legislation on Saturday. The vote, however, stalled with some Republicans split on the proposed tax cuts, spending reductions, and increased deportation funding. They raised concerns about cutting off funds for Medicaid, food stamps, and other aid programs that help multiple Americans. Nonetheless, the Senate voted 51 to 49, opening up debate on the legislation. Elon Musk, billionaire and Tesla’s founder, still opposes the bill, criticizing the Senate draft on his social media platform, X, on Saturday. He argued that the bill will cause many Americans to lose jobs and ultimately harm the country. He added , “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.” Democratic Senator Chuck Schumer on Saturday also claimed that Republicans were seemingly rushing the bill’s passage before the public realizes what’s in it. He asserted that his party would ensure the bill was read aloud before the final vote. Republican Senator Rand Paul also raised concerns over the potential increase in the nation’s debt limit by $5 trillion with the bill’s passage . Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
North Korean hacker group Lazarus allegedly orchestrated a $3.2 million theft in Solana assets, exposing critical vulnerabilities in blockchain security. On-chain investigator ZachXBT traced the laundering of approximately 800 ETH
In a recent post on X, well-followed crypto analyst Captain Redbeard (@Brett_Crypto_X) issued a direct message to XRP traders, asking them to mark their calendars for July 10, as he expects a massive surge on that day. The post offered no additional context but followed a prior message where he shared a screenshot confirming the date of the next full moon. The image reveals that the Buck Moon will be visible in the evening of July 10, 2025. The progression between the two posts suggests that the timing of the full moon is not coincidental in his analysis of XRP’s near-term outlook. Why the Buck Moon Matters The Buck Moon, the full moon that occurs every July, has symbolic meaning related to renewal and growth cycles in nature, as it coincides with when male deer (bucks) begin regrowing their antlers. While traditional markets typically dismiss lunar phases as irrelevant to price action, certain communities within crypto continue to reference them as part of cyclical trading models. Captain Redbeard’s decision to highlight the Buck Moon date implies he subscribes to this line of analysis, or at least considers it relevant in the current XRP environment. The timeline also aligns with projections from other analysts that XRP will soar in July . In lunar-based market models, full moons are sometimes viewed as pivot points that can coincide with price reversals or accelerations. A notable analyst recently predicted that XRP will hit the peak of the current cycle on July 21 , and July 10 could be a pivotal date in that journey. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Other Catalysts That Could Aid XRP’s Rise Another major development fueling excitement in the XRP community is the imminent conclusion of the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple CEO Brad Garlinghouse has announced that the company will drop its cross-appeal , and he expects the SEC to do the same. If the SEC drops its appeal before that date, the excitement and influx of new investors could easily send XRP to a new all-time high. Another well-respected analyst recently predicted that XRP’s performance in June and July will separate true believers from regretters who sold early. While the reference to the Buck Moon adds an unconventional layer to the analysis, many additional bullish factors could help XRP reach new heights by that date. 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 Analyst Issues July 10 Warning to XRP Holders: Here’s What Is Coming for XRP appeared first on Times Tabloid .
President Donald Trump’s $5 trillion “big, beautiful bill” cleared its first official vote in the Senate, surviving a brutal round of GOP infighting, arm-twisting, and last-minute flips that gave the bill just enough support to proceed. The vote passed narrowly at 51 to 49, with every Democrat and two Republicans, Thom Tillis of North Carolina and Rand Paul of Kentucky, voting no. The hours-long vote dragged late into the night and only crossed the finish line when three Republican holdouts, Mike Lee of Utah, Rick Scott of Florida, and Cynthia Lummis of Wyoming, gave in and voted yes. Ron Johnson of Wisconsin, who had slammed the bill for days, also flipped to yes after prolonged negotiations. His last-minute reversal gave Republicans a clean 51, making it unnecessary for Vice President JD Vance to break a tie. Trump calls, flips, and threatens as deadline pressure grows Inside the Capitol and the White House, the pressure cooker boiled. Trump, now fully back in the White House, spent Friday and Saturday working the phones. He called Tillis directly on Friday night to try to lock in his vote. Tillis wasn’t swayed and told reporters later, “I told the president I couldn’t support this because of the Medicaid language.” By Saturday morning, Trump had taken the gloves off, going online to publicly call for Tillis to face a primary challenge. Meanwhile, House Speaker Mike Johnson and Scott were seen at the White House ahead of the Senate vote, locked in talks with Vance, Lee, Lummis, and John Thune, the Senate Majority Leader. The group came out just after 11 p.m., having struck enough of a deal to push the bill forward. Trump’s main goal is to sign the bill before July 4, the deadline Republicans gave themselves. Johnson later said, “The president’s pretty confident that whatever we pass here in the Senate, he’ll be able to convince people in the House to pass as well.” Still, that’s no guarantee. The bill now heads to a final vote in the Senate, expected late Sunday or early Monday. After that, it will return to the House, which barely passed its earlier version last month. Several House Republicans have already raised alarms over the updated Senate version, especially deep Medicaid cuts. Their votes will be critical in a chamber where Johnson can only afford to lose a few Republicans. Democrats drag debate with all-night bill reading On the Democratic side, the opposition strategy is to slow everything down. Senate Minority Leader Chuck Schumer confirmed on Saturday that Democrats will force the entire 940-page bill to be read out loud on the Senate floor. “We will be here all night if that’s what it takes to read it,” Schumer posted on X. The reading, expected to last around 15 hours, is the first step. Then comes 20 hours of official debate, followed by an all-night amendment vote marathon known as vote-a-rama. Democrats aim to peel back the most controversial parts of the ‘ big, beautiful bill ‘: changes to energy tax credits, food assistance, and most of all, Medicaid. “Senate Republicans are scrambling to pass a radical bill, released to the public in the dead of night, praying the American people don’t realize what’s in it,” Schumer said on Saturday. “If Senate Republicans won’t tell the American people what’s in this bill, then Democrats are going to force this chamber to read it from start to finish.” The bill’s biggest landmine is Medicaid. A late-night revision Friday included a delay to the new cap on provider taxes, a rule that affects how states fund their Medicaid programs. The new language also increased a rural hospital assistance fund from $15 billion to $25 billion, a change that finally got Josh Hawley of Missouri on board. But others still weren’t sold. Collins of Maine said she would vote to begin debate but was “leaning against” final passage unless the Medicaid language changed. “It is the majority leader’s prerogative to determine which bills to bring to the floor,” Collins said. “That does not mean in any way that I’m satisfied with the provisions in this bill.” She plans to offer amendments in the next round. Tillis remained a hard no. “It would result in tens of billions of dollars in lost funding for North Carolina,” he said. “This will force the state to make painful decisions like eliminating Medicaid coverage for hundreds of thousands in the expansion population.” Rand Paul, Ron Johnson, and Rick Scott have been slamming the bill over spending for weeks. Paul’s biggest problem is the $5 trillion debt ceiling hike buried in the bill, something he’s refused to support from day one. And the list of complaints doesn’t stop at healthcare. The Senate version of the bill also rewrites clean energy rules to win over House Republicans. That includes phasing out Biden-era clean energy tax credits, which sparked new backlash Saturday. Elon Musk, who once backed Trump, went online to call the bill “utter madness” and “political suicide for the Republican Party.” Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Ethereum’s building private, ZK-based IDs. But is tying one ID to one person too risky?
Lido DAO has implemented a pioneering dual governance model, empowering stETH holders with veto rights to enhance decentralized control within the Ethereum staking ecosystem. This governance innovation introduces dynamic timelocks
Five months into Trump’s second presidency, the economic fallout has become impossible to dodge, and on Tuesday, it officially hijacked the agenda of the world’s top monetary officials. At the European Central Bank’s annual retreat in Sintra, Portugal, Federal Reserve Chair Jerome Powell, ECB President Christine Lagarde, Bank of England Governor Andrew Bailey, Bank of Japan Governor Kazuo Ueda, and Bank of Korea Governor Rhee Chang-yong sat side by side for a public panel that, according to Bloomberg , wasn’t about strategy anymore, it was about surviving Trump. With tariffs flying, inflation rising, and global trade thrown into a blender, all five officials are now stuck juggling growth risks and inflation threats directly linked to White House policy. Christine and Powell haven’t been on a panel together since the same ECB event in 2024. That session ended up sounding more like a therapy group for central bankers stuck in political chaos. One year later, it’s no longer about stress; it’s now about real economic paralysis. Central banks freeze as Powell signals caution Powell said the Federal Reserve will not rush into any decision on interest rates, even as the US economy starts to cool. Consumer spending has slowed, and core inflation keeps rising. That mix has left the Fed stuck in a gray zone, unsure how aggressive it should be. Bloomberg economist Stuart Paul explained, “Quickening core inflation and slowing spending will keep the Fed uneasy, fueling debate about the appropriate number of rate cuts this year.” The Bank of England earlier this month also paused its rate changes, while Christine’s ECB, after cutting rates once recently, has signaled no follow-up moves for now. Japan’s central bank isn’t expected to touch its benchmark rate before July 31, and South Korea’s monetary team is keeping a careful approach. All five are effectively frozen, not by market data, but by uncertainty over Trump’s next move. Philip Lane, chief economist at the ECB, said in a podcast before the summit that the panel would be the week’s highlight. “You do need to step back, rather than just talk about ‘what are we going to do in July or September?’ to look at the underlying forces,” Philip said, adding that the panel would likely be “a very lively session.” In Canada, the trade picture is getting worse. Exports to the US keep falling. Monday marks the start of Canada’s new digital services tax, which applies a 3% charge on US tech companies with Canadian revenue over C$20 million. Trump responded by cutting off trade talks with Canada entirely last Friday. Asia’s economy gets hammered by tariffs Asian countries are feeling the heat. This week brings a flood of PMI reports across the region, starting with China’s official gauge on Monday. It’s expected to show a third straight month of shrinking factory activity. Trade tensions and persistent deflation are slamming production lines. More PMI readings from South Korea, Malaysia, Vietnam, Indonesia, the Philippines, and Taiwan will follow. In Japan , the central bank’s Tankan survey on Tuesday is forecast to show large companies plan to increase capital investment by 10% this fiscal year. While sentiment among manufacturers is cooling, non-manufacturers are still holding near 34-year highs. Regional trade reports are also due from Australia, Indonesia, Thailand, and Sri Lanka, while South Korea reports its June numbers. South Korea will also release CPI data, which could open the door for another rate cut. Indonesia will post its June inflation numbers as well. Industrial output figures from India, Japan, and South Korea, plus household spending numbers from Japan, will round out the week. Europe and Latin America brace for impact Inflation reports from Germany and Italy come out Monday, expected to show small increases. The broader euro-zone inflation figure will hit 2%, right on target. Meanwhile, fresh factory data from France, Spain, and Germany is due Friday. Christine’s ECB will also release its strategy review Monday, inflation expectations Tuesday, and meeting minutes Thursday. After Sintra, Christine and her team will head to Aix-en-Provence for another economic gathering. On Thursday, the Swiss National Bank will release its Q1 foreign-exchange intervention numbers, followed by the country’s June inflation report, which is forecast to show consumer prices falling again. Turkey will also release its June inflation rate, expected to drop to 35.2% from 35.4%, which could lead to a 300 basis point rate cut. The UK will publish its full Q1 GDP breakdown on Monday, while Andrew joins both the Sintra and Aix events. In Latin America, Argentina will post April activity data Monday, following weaker-than-expected Q1 growth. Chile will publish its May numbers Tuesday, right after primary elections. Chile’s central bank kept rates steady in June, citing stronger domestic demand but concerns about global shocks. Its minutes are due Thursday. Colombia’s central bank will release its meeting minutes Thursday, after it held rates on Friday. The Andean nation is dealing with fallout from its government’s decision to suspend the fiscal rule, a move that has triggered credit downgrades from S&P Global Ratings and Moody’s Ratings due to rising debt concerns and policy instability. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
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With a capped supply and strategic token allocation, it stands out as a compelling opportunity in the current bullish market. Find out more about Codename:Pepe crypto here: Codename:Pepe ($AGNT) Website Codename:Pepe ($AGNT) Telegram Codename:Pepe ($AGNT) Twitter/X Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.