Vandell Aljarrah, co-founder of Black Swan Capitalist, recently sparked discussion across the digital asset space with a provocative proposal: the issuance of U.S. government bonds backed by XRP. Shared on X, Aljarrah’s idea centers on replacing conventional Treasury securities with debt instruments denominated in XRP. Under his proposal, the U.S. government would sell XRP directly to investors, who would receive fixed returns, such as 2% annually, in either XRP or U.S. dollars. At maturity, holders would redeem the XRP for its market value, functioning similarly to traditional bonds. While this concept aligns with the growing trend of blockchain integration into financial infrastructure, several substantial barriers stand in the way of implementation. XRP-backed bonds. Imagine the U.S. government issuing XRP as a debt instrument instead of bonds. Investors buy XRP from the Treasury & earn a yield, just like with government bonds, but in a digital format. For example a fixed yield (e.g., 2% annually paid in USD or XRP) &… — Vandell | Black Swan Capitalist (@vandell33) May 2, 2025 Key Obstacles Facing XRP-Linked Bonds One of the foremost challenges to XRP-denominated sovereign debt is the issue of price stability. Unlike fiat currencies used in government bond markets, cryptocurrencies like XRP are highly volatile. For XRP to be viable as a debt instrument, significant progress would be required in reducing price fluctuations or implementing a stabilizing mechanism similar to those employed by stablecoins. Another major consideration is the regulatory landscape. At present, XRP is not classified as a reserve asset under U.S. law, and the Securities and Exchange Commission (SEC) has historically maintained a cautious stance toward digital assets. Despite evolving attitudes within the government and increasing legislative efforts aimed at defining cryptocurrencies, issuing bonds backed by XRP would likely require comprehensive regulatory reform and a formal reclassification of the asset. At the state level, some progress has been made toward embracing cryptocurrencies in public finance. For instance, New Hampshire has passed legislation allowing treasury investments in digital assets, although the threshold is currently limited to cryptocurrencies with market caps exceeding $500 billion, a benchmark XRP has not yet met, while Bitcoin qualifies. Beyond these technical and regulatory issues, the financial system itself presents a structural challenge. Aljarrah himself acknowledged that a severe disruption in the traditional debt market, such as a widespread crisis or erosion of confidence in Treasury securities, might be necessary before alternative frameworks like XRP-backed bonds are seriously considered. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Broader Context: Blockchain in Sovereign Debt While the idea of XRP-backed bonds remains speculative, blockchain-based government debt instruments are already beginning to take shape globally. El Salvador, for example, has explored issuing bonds using Bitcoin as the underlying asset. This reflects a broader trend in the digital finance sector: the tokenization of real-world assets (RWAs), which is increasingly viewed as a viable pathway for integrating blockchain technology into mainstream finance. Bitcoin-Based Proposals Gain Traction In contrast to XRP, Bitcoin has already been featured in bond-related proposals at the institutional level. During the recent Bitcoin For America summit , Andrew Hohns, CEO of Newmarket Capital, advocated for the U.S. government to issue $2 trillion in bonds, with 10% of that value allocated to Bitcoin. According to Hohns, this strategy, offering a 1% interest rate compared to the standard 4.5% on Treasury bonds, could reduce national debt service costs by $70 billion annually. Similarly, VanEck’s Matthew Sigel has suggested leveraging Bitcoin to help refinance $14 trillion of U.S. debt, signaling growing acceptance of digital assets in fiscal planning. Although Aljarrah’s idea of XRP-backed government bonds is currently more conceptual than practical, it contributes to a larger conversation about the role of blockchain in reshaping public finance. For now, significant volatility, legal uncertainty, and structural inertia limit the feasibility of such instruments. However, the continued exploration of tokenized debt by governments and institutions alike suggests that digital assets may play a growing role in sovereign finance in the years ahead. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Could U.S. Adopt XRP-Backed Bonds? Expert Weighs In appeared first on Times Tabloid .
U.S. President Donald Trump has given the crypto market another boost with a major announcement, causing XRP and the broader market, including Bitcoin, to skyrocket. XRP is trading at $2.24, marking a gain of more than 5% from yesterday and more than 20% from last month. The token also touched $2.27, its highest level over the past week. This price movement signals a renewed wave of momentum in the broader crypto market, with XRP currently leading much of the activity. Donald Trump’s Major Announcement Trump teased a major announcement on Tuesday, and the anticipation paid off as he announced a major trade deal with the United Kingdom. The President announced the deal on Truth Social, his social media platform, calling it a “full and comprehensive one” that would “cement the relationship between the United States and the United Kingdom for many years to come.” Notably, he emphasized that it was the first announcement, suggesting more international trade deals are coming. In a follow-up post , the president revealed that the deal will raise $6 billion in external revenue from 10% tariffs and $5 billion in export opportunities, causing excitement in the financial markets and a notable rise among major cryptocurrencies. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Investor Confidence Rebounds After Big Deal Market participants have interpreted Trump’s post as a signal of strength. While Trump’s tariff threats initially affected the crypto market’s performance, this resurgence shows that his America-first approach is paying off. Bitcoin has also experienced a notable 4.9% surge, climbing above $100,000 for the first time since early February. XRP’s strong response reflects the shift in sentiment caused by the deal, especially given its positioning as a cross-border settlement solution. Trump has promised many other deals, stating that the U.S. is open for business to those who respect it and bring serious deals. With more deals on the horizon, detractors who panicked and sold their XRP early will miss out on the massive resurgence. While XRP’s price struggled, a crypto expert revealed that the short bearish phase would separate the tourists from the truthers . These truthers who believed that Trump’s policies would favour XRP and the broader crypto market are now seeing the results of their belief. Market participants will watch closely to see whether Trump’s upcoming deals or future statements reinforce this shift and help XRP climb further. 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 urged to do in-depth 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 Here’s Why XRP Price Is Currently Skyrocketing appeared first on Times Tabloid .
HyperLiquid has flipped a major resistance level into support at $20, signaling strong bullish momentum. If this level holds, a 41% move toward $29 could be on the horizon. After a series of consistent higher lows and higher highs, Hyperliquid ( HYPE ) has reclaimed a major technical level: the $20 resistance. This breakout confirms that bulls are in control, with price action positioned above a previously significant ceiling. If this newly established support holds, it could fuel a substantial continuation of the current uptrend. Key technical points: Major Resistance Flip : The $20 level, previously a strong resistance, has now flipped into support. Fibonacci Confluence: The 0.618 Fib retracement aligns perfectly with the $20 SR level, offering strong support in the case of a pullback. Next Target: The next resistance lies at $29 — a 41% potential move from current levels. HyperLiquid USDT (4H) Chart, Source: TradingView The price action has established a new high within this trending structure, essential for maintaining bullish momentum. With a clear pattern of higher highs and higher lows, the overall structure remains intact. The breakout above $20 not only confirms bullish intent but also clears the way for additional upside — provided the level is respected during any near-term retracements. Should Hyperliquid pull back from current levels, a retest of the $20 region would be expected. Rather than signaling weakness, this would represent a classic bullish SR (support/resistance) flip — a healthy sign in trending markets. The fact that this zone coincides with the 0.618 Fibonacci retracement adds further weight to its significance. You might also like: Ethereum price reclaims $2000: is this the start of a major bull run? Adding further strength to this scenario is the 0.618 Fibonacci retracement, which aligns precisely with the $20 support zone. The convergence of horizontal SR and Fibonacci support significantly increases the likelihood of bulls stepping in to defend this level, making a continued rally far more probable. From a risk-reward perspective, this zone presents one of the better setups in current market conditions. A bounce from the $20 region could initiate a rally toward the next resistance at $29. If this level is reached, it would represent a 41% gain — a move that would reinforce Hyperliquid’s momentum and strengthen the overall bullish market structure. What to expect in the coming price action If the $20 support holds during any short-term pullbacks, the bullish structure will remain intact, increasing the likelihood of a move toward $29. Traders should watch for volume spikes and daily candle closes above $20 as key signals of continued strength. Read more: Can EOS crypto hit $1 ahead of the final stage of Vaulta rebrand?
Sui rose over 19% on May 8, climbing from $3.33 to $3.92 in 24 hours, following a brief decline the day prior. The move came with a sharp rise in trading volume, signaling increased market activity. On May 7, SUI ( SUI ) had dropped slightly by 0.41%, but bounced back with momentum as technical indicators shifted, according to crypto.news data. This jump comes as Bitcoin surpassed $100,000 for the first time since February, rebounding sharply from its April crash. Bitcoin has surged 33% in recent weeks alongside a broader market recovery following Trump’s surprise tariff announcements. A “golden crossover” between short- and long-term moving averages was observed, often seen as a sign of upward pressure. Over the past month, Sui’s DeFi ecosystem grew rapidly , with $2.45 billion in TVL, rising stablecoin activity, and increased DEX volumes, positioning Sui as the ninth-largest blockchain. You might also like: Ethereum price reclaims $2000: is this the start of a major bull run? What’s next for SUI? SUI now faces resistance at $4.36, though the asset has broken through this level on some exchanges. The Relative Strength Index remained neutral , giving room for continued movement in either direction. Short-term price models suggest SUI could reach $4.36 soon, which would mark a 10% increase from today’s levels. Other models suggest a break above $5.20. SUI is attempting to break out of its historical reaccumulation range, a key technical zone traders have watched closely. According to Rekt Capital, recent fundamental catalysts, including DeFi growth and broader market momentum, are starting to reflect in its price action. Additionally, institutional interest is growing, with new SUI ETF filings emerging, including one by 21Shares. $SUI Now trying to breakout from its historical ReAccumulation Range (orange circle) All fundamental catalysts mentioned in recent weeks are positively translating into SUI's price More and more SUI ETFs are being registered, most recently by 21Shares #BTC #SUI #Crypto https://t.co/VVLjX4N3p1 pic.twitter.com/N68F610tFI — Rekt Capital (@rektcapital) May 8, 2025 SUI is the native token of the Sui blockchain, a layer-1 protocol developed by former Meta engineers. It has seen growing adoption through DeFi and gaming integrations since its launch in 2023. SUI is currently trading around $3.93. You might also like: Uniswap surges 17% as BTC reclaims $100k, Unichain growth accelerates
Bitcoin’s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% gap before reaching its all-time high. With a market capitalization of $2.01 trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current positioning reveals a complex but bullish technical landscape, as it ranged intraday between $95,967 and $101,711. Bitcoin On
Big news from the world of blockchain development! The Ethereum Foundation (EF) has just announced a significant commitment to nurturing the network’s future, distributing over $32.6 million in Ethereum Foundation grants during the first quarter of 2025. This substantial funding injection highlights the Foundation’s ongoing dedication to fostering innovation, supporting public goods, and ensuring the decentralized growth of the Ethereum ecosystem. Understanding the Role of the Ethereum Foundation and Its Grants Before diving into the specifics of the Q1 2025 allocation, it’s helpful to understand what the Ethereum Foundation is and why these grants are so crucial. The EF is a non-profit organization dedicated to supporting Ethereum and related technologies. It doesn’t control Ethereum, nor is it a traditional company. Instead, it acts as a steward, providing resources and guidance to projects and initiatives that benefit the entire network and its community. One of the primary ways the EF fulfills this role is through its grants program. These aren’t investments in commercial ventures aiming for profit. Instead, they are targeted funding towards critical areas that might not otherwise receive sufficient support. Think of it as funding public goods for the digital age – infrastructure, research, security, and developer tools that everyone building on Ethereum relies upon. The goal of these blockchain grants is multifaceted: Foster Decentralization: By supporting multiple client teams and independent research groups, grants reduce reliance on single points of failure. Drive Innovation: Funding experimental research and cutting-edge development pushes the boundaries of what Ethereum can do. Enhance Security: Grants support vital security audits, formal verification efforts, and bug bounties. Improve Developer Experience: Funding tools, libraries, and documentation makes it easier for anyone to build on Ethereum. Support Core Infrastructure: Ensuring the underlying protocol remains robust, scalable, and efficient. Promote Education and Community: Supporting initiatives that help people learn about and contribute to Ethereum. Breaking Down the $32.65 Million Q1 2025 Ethereum Foundation Grants The official report from the Ethereum Foundation’s blog confirmed the distribution of $32.65 million in grants during the first three months of 2025. This figure represents a significant investment in the future health and capabilities of the network. While the precise breakdown of every single recipient and project is typically detailed in subsequent reports, the EF generally focuses its funding on several key strategic areas vital for the continued success and expansion of the Ethereum ecosystem . Based on historical funding patterns and the ongoing needs of the network, we can anticipate that this Q1 2025 allocation likely supported projects across categories such as: Funding Area Why It’s Important Core Protocol Development Supporting the teams building and maintaining the fundamental Ethereum software (client diversity, consensus upgrades). Essential for network stability and evolution. Layer 2 Scaling Solutions Funding research and implementation of technologies like rollups (Optimistic and ZK) to increase transaction throughput and reduce costs. Crucial for mass adoption. Security and Auditing Ensuring the safety of the protocol and smart contracts through rigorous audits, formal verification, and security tooling. Protects users and assets. Developer Experience & Tooling Building better development environments, testing frameworks, and libraries. Lowers the barrier to entry for developers building on Ethereum. Cutting-Edge Research Exploring future protocol improvements, cryptography (like Zero-Knowledge proofs), and decentralized governance models. Paving the way for future advancements. Community & Education Supporting conferences, educational resources, and initiatives that onboard new contributors and users to the ecosystem. Fosters a vibrant global community. This diverse allocation strategy ensures that funding addresses both immediate needs (like security and client stability) and long-term vision (like advanced scaling and research). It’s a holistic approach to Web3 funding that benefits everyone interacting with or building on Ethereum. How Does This Funding Impact Crypto Development? The impact of these grants extends far beyond just the recipient projects. By strategically deploying capital, the Ethereum Foundation directly influences the pace and direction of crypto development within its ecosystem. Here’s how: Accelerating Innovation: Grants allow researchers and developers to focus on foundational work without immediate commercial pressure. This leads to breakthroughs that might not otherwise occur. Strengthening Infrastructure: Funding core client teams and security audits makes the network more robust and trustworthy for everyone. Lowering Barriers to Entry: Improved developer tools and documentation, often funded by grants, make it easier for new talent to enter the space and contribute. Promoting Open Source: The vast majority of grant-funded work is open source, meaning the entire community benefits from the code and research produced. Building Public Goods: Many funded projects are non-profit or public goods that provide essential services or knowledge freely to the community. This model of funding is distinct from venture capital or corporate R&D. It prioritizes the health and decentralization of the public network, which is fundamental to Ethereum’s value proposition. The Ethereum Foundation grants act as a vital engine for progress, ensuring that the ecosystem continues to evolve and meet the challenges of a rapidly changing technological landscape. What Are Some Examples (General) of Projects Benefiting from Such Grants? While the specific Q1 2025 recipients will be detailed later, looking at past beneficiaries gives a clear picture of the types of projects supported. Examples often include: Teams developing alternative Ethereum clients (like Lighthouse, Teku, Nimbus, Besu) which are critical for client diversity and network resilience. Researchers working on complex topics like Danksharding, Proposer-Builder Separation (PBS), or advanced cryptography like ZK-SNARKs and STARKs. Teams building developer tools such as Hardhat, Foundry, or improving languages like Solidity and Vyper. Projects focused on security, such as formal verification tools or auditing public smart contracts. Initiatives providing educational resources, documentation, or running community events like hackathons. These examples underscore the foundational nature of the work supported by Ethereum Foundation grants . They are building blocks upon which countless decentralized applications (dApps) and services are eventually built. Are There Challenges in Grant Allocation? While the impact is overwhelmingly positive, managing a grants program of this size isn’t without its complexities. Challenges can include: Identifying the Most Impactful Projects: With a vast ecosystem, selecting where funding will have the greatest benefit requires deep understanding and foresight. Ensuring Accountability: Tracking progress and ensuring funded projects deliver on their goals is essential. Balancing Different Needs: Allocating funds across core development, research, tooling, and community requires careful consideration. Sustainability: While grants kickstart projects, ensuring their long-term viability after the grant period can be a challenge for some initiatives. The EF continually refines its processes to address these challenges, aiming for transparency and effectiveness in its grantmaking. Actionable Insights for the Community What does this mean for you, whether you’re a developer, user, or simply interested in Ethereum? Stay Informed: Follow the official Ethereum Foundation blog and social channels for detailed reports on grant recipients and project progress. Explore Funded Projects: Many grant recipients are working on open-source software or public resources. Explore these projects, use the tools, read the research, and contribute if you can. Consider Contributing: If you’re a developer or researcher, look into the types of projects the EF funds. There might be opportunities to contribute or even apply for future blockchain grants . Understand the Foundation’s Role: Recognize that the EF is a facilitator and supporter, not a central command. The decentralized nature of the ecosystem is its strength. Summary: A Strong Signal for the Ethereum Ecosystem The distribution of over $32.65 million in Ethereum Foundation grants in Q1 2025 is a powerful statement. It underscores the Foundation’s unwavering commitment to supporting the foundational layers and public goods of the Ethereum ecosystem . This substantial Web3 funding is not just a number; it represents vital resources directed towards the core development, security, scalability, and research that are essential for Ethereum’s long-term health and its ability to serve as a robust platform for global crypto development . These blockchain grants are critical investments that fuel innovation and strengthen the decentralized future we are all building together. To learn more about the latest Ethereum ecosystem trends and crypto development, explore our articles on key developments shaping Ethereum technology and blockchain advancements.
The recent surge in Bitcoin’s price above $101,000 highlights a pivotal moment for the cryptocurrency, driven by significant legislative advancements. As optimism spreads within the trading community, many are viewing
Edo Farina, founder of Alpha Lions Academy, has predicted a significant price rally for XRP, which he attributes to the increasing likelihood of widespread adoption. In a recent post on X, Farina suggested that a major surge could be imminent and labeled the anticipated price movement an “XRP Adoption Candle,” implying a sharp upward price movement in response to growing utility and use cases for the digital asset. Farina, a known figure in the community, indicated that the upcoming rally could surpass all previous XRP price movements in terms of scale. Although he did not point to specific catalysts, his message reflects ongoing optimism among XRP supporters, many of whom expect the token to benefit from expanded use in financial infrastructure and institutional investment products. Are you ready for the $XRP Adoption Candle? This could be the biggest breakout we’ve ever seen. pic.twitter.com/1edue2UNpj — EDO FARINA 🅧 XRP (@edward_farina) May 3, 2025 Rising Institutional and Retail Interest Over recent months, interest in XRP has expanded significantly, with both individual investors and large financial firms showing increased attention. Part of this renewed focus stems from speculation about the outcome of the ongoing regulatory case involving the U.S. Securities and Exchange Commission (SEC) and Ripple Labs. Many believe a favourable resolution, or outright dismissal, could provide a major boost to the token’s legitimacy and market value. In addition to legal developments, asset management firms such as Bitwise and Canary Capital have initiated efforts to launch spot XRP exchange-traded funds (ETFs) in the U.S. Though the SEC has not yet approved any such products, the mere possibility of their introduction has generated significant market interest, as these instruments would make XRP more accessible to a wider base of investors. Potential Role in U.S. Crypto Reserves Another development contributing to investor sentiment is the possibility of XRP being included in the United States’ proposed digital asset reserve. As earlier reported by Times Tabloid, former President Donald Trump suggested that XRP, along with Bitcoin, Ethereum, Solana, and Cardano, could be part of a basket of assets held in the national reserve. The initiative, reportedly supported by directives to the Departments of Treasury and Commerce, would utilize digital assets obtained through civil and criminal proceedings. This proposal has fueled speculation that other countries may adopt a similar strategy, thereby increasing demand for XRP as a reserve asset. Such a move would likely enhance the asset’s credibility and potentially attract further institutional investment. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Q1 2025 Data Highlights Strong XRP ETP Performance Data from Ripple’s XRP Market Report for Q1 2025 revealed that investment inflows into XRP-linked exchange-traded products (ETPs) reached $37.7 million during the quarter, exceeding those of both Bitcoin and Ethereum products. Year-to-date inflows into XRP ETPs now stand at $214 million, closely trailing Ethereum’s $215 million. Despite a recent decline in price, with the asset currently trading at $2.12, a 36% drop from its January 20 high of $3.34, market analysts remain optimistic. Prominent crypto advocate Davinci Jeremie recently forecasted that XRP could reach a value of $24 in 2025, citing growing institutional interest and political support in the United States as potential driving forces. Although timelines remain uncertain, and no guarantees can be made, ongoing developments suggest that the token could be positioned for substantial growth if adoption continues to expand across institutional and national frameworks. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Expert Predicts XRP’s Biggest Breakout Ever appeared first on Times Tabloid .
Ukrainian parliament has approved the recently signed minerals deal with U.S. President Donald Trump’s administration, seen by some as controversial. The agreement was backed by a sizable majority of lawmakers after adding certain caveats concerning important additional deals that are yet to be sealed by the two sides. Ukraine’s legislature greenlights reconstruction and minerals deal with U.S. Members of the Verkhovna Rada, Ukraine’s parliament, gave the nod to the so-called “minerals deal” with Washington that will allow the United States to exploit the Eastern European nation’s natural resources and recover billions of dollars’ worth of war-time aid. In a vote on Thursday, the ratification of the economic partnership agreement with the U.S. was backed by 338 out of 450 Ukrainian deputies, the UNIAN news agency reported . The approval came after a heated debate during which the move was criticized by the opposition. The decision paves the way for the establishment of a Reconstruction Investment Fund in the war-ravaged Ukraine that will be filled equally and managed by both governments. The money should come from mining and energy revenues as well as foreign investments. The ratification creates legal grounds for the implementation of the bilateral agreement signed on April 30. The deal was struck after prolonged negotiations and a failed first attempt after a clash between Trump and his Ukrainian counterpart at the White House at the end of February. I am grateful to everyone on our team who worked on the Economic Partnership Agreement with the United States, and to everyone who supported it. I thank all 338 Members of Parliament who voted in favour of the agreement. I expect the ratification law to be submitted from the… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 8, 2025 In April, opposition pressure increased on President Volodymyr Zelenskyy to inform lawmakers about progress in the negotiations on the minerals deal with the U.S. and the process for peace with Russia, the latter being another of Trump’s priorities. The government in Kyiv announced it has submitted the agreement for ratification on May 1, shortly after its signing by U.S. Treasury Secretary Scott Bessent and Ukraine’s First Deputy Prime Minister Yulia Svyrydenko. Agreement covers all Ukrainian territories, including lands occupied by Russia The deal grants the U.S. preferential access to Ukraine’s natural resources, not just the rare-earth metals as initially discussed. Half of the proceeds from all new projects extracting Ukrainian minerals will go into the joint investment fund. Yulia Svyrydenko emphasized in a statement that the agreement reflects Ukraine’s constitutional principles and elaborated: “Ownership and control over the subsoil remains with Ukraine, all resources on our entire land and territorial waters belong to Ukraine, national property is protected.” She added that Ukraine will submit investment projects which will allow it to fulfil its economic priorities. The Kyiv official also highlighted that the agreement takes into account Ukraine’s course toward joining the European Union and its obligations in that regard. Svyrydenko insisted that shares in the Reconstruction Investment Fund will be divided equally between Ukraine and the United States and that a clear mechanism will be implemented for distributing the generated income. The Ukrainian Parliament has ratified the historic Economic Partnership Agreement between Ukraine and the United States. This document is not merely a legal construct — it is the foundation of a new model of interaction with a key strategic partner. pic.twitter.com/pIkMG1gUVu — Yulia Svyrydenko (@Svyrydenko_Y) May 8, 2025 Meanwhile, Deputy Minister of Economy Taras Kachka pointed out that the minerals deal does not split Ukrainian land into occupied and unoccupied territories, noting that the two sides have not yet discussed where the fund will operate. Two additional “technical deals,” mentioned throughout the main agreement, remain to be signed in order to determine who is going to manage the investment fund and decide how and when to spend its proceeds, Politico noted in a report. Ukrainian lawmakers have complained that the executive power refused to reveal these agreements, to which the government responded through a spokesperson explaining that the deals are not ready yet. Eventually, the Rada clarified in its bill that the ratification of the main document translates into automatic approval for future technical deals. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space. Traders are confident that $100,000 will hold as support. Bitcoin ( BTC ) price rallied above $100,000 on the heels of US President Donald Trump’s announcement of a “trade deal” with the UK, which could possibly include the removal of the blanket 10% tariff on all imports. Frequent social posts from President Trump and public comments from White House cabinet members have hinted at a handful of trade deals in negotiation with various countries, and markets have responded positively to the messaging. In addition to the UK trade deal, the US is set to meet with Chinese officials in Switzerland on May 10. The Dow gained 500 points following the White House announcement, while the S&P 500 rose 1.47%, and Bitcoin trades near $101,600 at the time of writing. In a Truth Social post, Trump wrote: “Many other deals, which are in serious stages of negotiation, to follow!” The significance of Bitcoin’s return to six-figure territory after trading below the level since February was not lost on investors: In an X post, popular independent market analyst Macroscope said he was “watching closely now,” and stressed the importance of BTC “holding” the $100,000 level as a support, rather than a brief pop above the psychological resistance level. X / MacroScope While the initial surge through the $100,000 level appears to be driven by $241 million in futures market liquidations , the political and investment environment surrounding Bitcoin has seen vast improvements since the last time BTC traded above six figures. In the past week, the governors of two US states have signed bills, which now make it legal for the states to establish strategic Bitcoin reserves. On May 8, the legislature in the US state of Missouri sent Bill 594, a bill which would end all capital gains taxes , to the desk of Governor Mike Kehoe. Related: Strive to become Bitcoin treasury company On May 7, the US Office of the Comptroller of the Currency (OCC) confirmed that banks within its jurisdiction can “responsibly” trade crypto on behalf of their customers , and they can also “outsource” crypto and custodial activities to trusted third parties. 🇺🇸 LATEST: The Office of the Comptroller of the Currency confirms that national banks and federal savings associations “may engage in certain cryptocurrency activities.” pic.twitter.com/4EuJ6A7OUI — Cointelegraph (@Cointelegraph) May 8, 2025 In late March, the FDIC issued guidance giving banks the green light to hold crypto assets and offer various goods and services to clients. In addition to growing legislative and regulatory support for Bitcoin and other cryptocurrencies, inflows to the spot Bitcoin ETFs have soared, alongside increasing buying and BTC treasury from US-based and international publicly listed companies. Spot Bitcoin ETF inflows (weekly). Source: SoSoValue This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.