BitcoinWorld Senate Crypto Hearing: Alarming Absence Threatens Crucial Bipartisan Legislation The promise of clear, thoughtful US crypto regulation has long been a beacon for the burgeoning digital asset industry. Yet, a recent Senate crypto hearing on bipartisan market structure legislation left many in the crypto community wondering about the commitment of lawmakers, as attendance proved surprisingly low. This pivotal moment could significantly shape the future of digital assets, making the sparse turnout a point of serious discussion. A Troubling Turnout at the Senate Crypto Hearing: What Happened? When the U.S. Senate Banking Committee’s digital assets subcommittee convened for a crucial hearing on bipartisan crypto market structure legislation, the expectation was for robust participation. Instead, only five of the eleven senators on the subcommittee were present. Chair Cynthia Lummis, a vocal advocate for responsible crypto legislation, acknowledged the low attendance, attributing it to scheduling conflicts. However, the optics of such a vital discussion being sparsely attended raised eyebrows across the industry. This particular Senate crypto hearing was not just another routine meeting. It was designed to gather testimony from both regulators and industry leaders, providing a comprehensive view on how to best frame future legislation for digital assets. The absence of more than half the subcommittee members highlights a potential disconnect or perhaps an underestimation of the urgency surrounding crypto policy in the nation’s capital. For an industry clamoring for regulatory clarity, such a sight can be disheartening. Why is Bipartisan Crypto Legislation So Crucial? The path to effective US crypto regulation is fraught with challenges, not least of which is the need for consensus across political divides. Senator Lummis herself stressed the imperative for bipartisan input, recognizing that durable and effective legislation cannot be forged by one party alone. Bipartisan crypto legislation is essential for several reasons: Stability and Longevity: Laws crafted with support from both sides of the aisle are less likely to be overturned or significantly altered with changes in political power, providing much-needed stability for businesses and investors. Comprehensive Solutions: Different political perspectives often bring unique insights, leading to more comprehensive and balanced regulatory frameworks that address a wider range of concerns, from innovation to consumer protection. Global Competitiveness: A unified approach signals to the international community that the U.S. is serious about fostering a responsible digital asset ecosystem, enhancing its position as a leader in financial innovation. The hearing followed the Senate’s passage of the GENIUS Act, a separate piece of legislation focused on blockchain technology’s potential, underscoring the ongoing, albeit slow, legislative activity around digital assets. Navigating the Complexities of US Crypto Regulation The current landscape of US crypto regulation is often described as a patchwork, with various agencies asserting jurisdiction over different aspects of digital assets. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are key players, often with differing views on how cryptocurrencies should be classified and regulated. This creates uncertainty, hindering innovation and making compliance a nightmare for businesses. A comprehensive crypto market structure bill aims to bring clarity by defining roles, establishing clear rules for exchanges, stablecoins, and other digital asset activities. Such legislation could: Protect Consumers: By setting standards for transparency, disclosure, and market integrity, safeguarding investors from fraud and manipulation. Foster Innovation: Providing clear guardrails allows innovators to build and experiment without constant fear of regulatory crackdowns or ambiguity. Promote Market Integrity: Ensuring fair and orderly markets by preventing illicit activities and establishing robust oversight mechanisms. The testimony heard at the hearing, according to Cointelegraph, included perspectives from these very regulators and industry leaders, highlighting the diverse viewpoints that must be reconciled for effective policy. Shaping the Future: Understanding Crypto Market Structure At its core, regulating crypto market structure involves establishing the rules and frameworks that govern how digital assets are traded, custodied, and managed. This includes everything from how exchanges operate to the oversight of stablecoins and decentralized finance (DeFi) protocols. A well-defined market structure is vital for the mainstream adoption of cryptocurrencies, as it builds trust and reduces systemic risks. The discussions at the hearing, even with limited attendance, underscored the urgent need to address critical questions: Who regulates spot markets for cryptocurrencies? What are the appropriate rules for stablecoin issuers? How should decentralized autonomous organizations (DAOs) and DeFi protocols be integrated into existing financial regulations? The answers to these questions will profoundly impact the trajectory of the crypto industry, determining whether it can flourish within a regulated environment or remain in a state of uncertainty. Digital Assets Subcommittee: The Path Forward? Despite the low turnout, the digital assets subcommittee remains a critical forum for advancing crypto legislation. The commitment of Chair Lummis and other engaged senators signals that the effort to create a robust regulatory framework for digital assets is far from over. However, the incident serves as a stark reminder that sustained engagement and broader political will are essential for meaningful progress. For the crypto community, this means continuing to advocate for clear, balanced regulation and encouraging greater lawmaker participation. The future of bipartisan crypto legislation hinges on the ability of senators to overcome scheduling conflicts and political differences to prioritize an industry that is rapidly reshaping the global financial landscape. Conclusion: The Imperative for Engagement The recent Senate crypto hearing , while yielding valuable testimony, also exposed a concerning lack of engagement from a majority of the digital assets subcommittee members. This highlights the ongoing challenge of translating the urgency of crypto innovation into political action. For the digital asset industry to truly thrive and for the U.S. to maintain its competitive edge, clear and comprehensive US crypto regulation is paramount. This requires sustained, bipartisan effort to establish a robust crypto market structure that protects consumers, fosters innovation, and ensures market integrity. The path forward demands not just discussion, but decisive legislative action and unwavering commitment from all stakeholders. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post Senate Crypto Hearing: Alarming Absence Threatens Crucial Bipartisan Legislation first appeared on BitcoinWorld and is written by Editorial Team
The post Pi Network Price Prediction 2025, 2026 – 2030: Why Is Pi Coin Dropping? appeared first on Coinpedia Fintech News Story Highlights Pi Coin Live Price is $ 0.60754646 Banxa integrates with Pi, acquiring 10 million PI tokens post-KYB approval. Price prediction for 2025 targets $1.74, with potential highs of $2.0 and $3.0. The Pi Network is making waves once again , as its price sees a sudden and powerful breakout backed by real-world developments and renewed investor confidence. With increased activity on major exchanges, rumors of Pi Coin Binance listing , and global adoption efforts, Pi is becoming one of the most-watched tokens in the Crypto market. Global interest in Pi Coin price is surging, especially in regions like India and Pakistan, where users are actively searching for “1 Pi to PKR in 2025” and “Pi Network price in India in the future.” Table of contents Overview Pi Network Price Prediction 2025 Pi Coin Price Targets 2026 – 2030 Pi Crypto Price Forecast 2026 Pi Coin Price Prediction 2027 Pi Token Price Projection 2028 Pi Network Price Analysis 2029 Pi Network Price Prediction 2030 Market Analysis Coinpedia’s PI Coin Price Prediction Conclusion FAQs Overview Cryptocurrency Pi Token PI Price $ 0.60754646 14.01% Market cap $ 4,578,915,983.2272 Circulating Supply 7,536,733,880.3547 Trading Volume $ 188,941,293.7428 All-time high $2.98 on 26th February 2025 All-time low $0.6152 on 20th February 2025 Pi Network Price Prediction 2025 In mid-May, the weighted sentiment reached “+2.86” from Q2’s low of “-1.76”, where positive sentiment was 3 times higher than negative sentiment. The rumours led to huge price rises, with sentiment accelerating. The strong bullish momentum continued to the $1.70 level, which acted much like a price magnet, drawing PI toward it. However, this was also a known supply zone, meaning strong buying pressure will be required to break and to hold above it a daily close is also needed. But, at this level, it failed and was repelled back by achieving a high of $1.65 and giving a daily close at around $1.20, which led to a near 30% drawdown in gains the same day. This happened due to a strong wave of profit booking, which continued into the last week of May. As a result, its weighted sentiment also dipped from positive to negative. In total gains shedded from May’s peak to mid-June were over 75%, where the PI price dipped as low as $0.40, as the Israel and Iran conflict became intense. However, it quickly rebounded 40% and gave a daily close at $0.57 on the same day, near the support zone it formed in Q2. Despite the quick rise, the fall is still around a 65% loss since $1.65, and now it is consolidating in hopes of getting hold above the $0.60 level. But, if it slips more than it could collapse back to $0.400 again, and this time if the fall extends, then a new low is possible. However, in the past three days, bullish sentiment surged in June’s fourth week, and its weighted sentiment also saw a slight uptick. This happened as the war saw a ceasefire that fueled short-term bullish conviction, immediately pushing the PI price above the Q2 key support zone. It has pierced the 20-day EMA band in the short term, but the 50-day EMA resistance still looms at $0.66. But, if more thrust is added and PI manages to clear the 50-day EMA band, then it would be a Change of Character (ChoCh) of the current bearish trend. Also, after ChoCh, it might advance higher to retest the fibo 0.5 level around $1.65-$1.70 in June or Q3. Also, under extremely bullish conditions, if it knocks down this 0.5 fibo level that closely aligns with the previous high volume profile level, higher targets like $2.00 and $3.00 could come into play later in 2025. On the contrary, if it slips more, it could collapse back to $0.400 again; this time, if the fall extends, a new low is possible. Pi Coin Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.85 $2.25 $3.50 2027 $1.25 $3.25 $5.25 2028 $2.00 $5.50 $8.50 2029 $3.50 $8.50 $13.75 2030 $5.50 $13.75 $22.00 Pi Crypto Price Forecast 2026 The Pi crypto prediction for the year 2026 could range between $0.85 to $3.50. Considering the buying and selling pressure, the average price could be around $2.25 for that year. Pi Coin Price Prediction 2027 During 2027, the Pi network value could reach a maximum trading value of $5.25 with a potential low of $1.25. Evaluating the market sentiments, the average price of this altcoin could settle at around $3.25. Pi Token Price Projection 2028 By 2028, the value of a single Pi coin price could reach a maximum of $8.50 with a potential low of $2.00. With this, the average price could land at around the $5.50 mark. Pi Network Price Analysis 2029 Looking forward to 2029, the Pi coin Price may range between $3.50 and $13.75, and a potential average value of around $8.50. Pi Network Price Prediction 2030 As per our Pi Coin Price Prediction 2030, the Pi coin value in 2030 could reach a high of $22.00. However, the viral altcoin could record a low of $5.50 and an average price of $13.75, if the crypto market turns bearish. Considering stacking more ETH tokens before the altcoin season begins? Read CoinPedia’s Ethereum price prediction 2025, 2026 – 2030! Market Analysis Firm Name 2025 2026 2030 CoinCodex $ 2.08 $ 1.48 $ 2.63 priceprediction.net $1.08 $1.61 $6.74 DigitalCoinPrice $107.98 $125.57 $265.95 * The aforementioned targets are the average targets set by the respective firms. Also, read Binance coin price prediction 2025, 2026 – 2030! Coinpedia’s PI Coin Price Prediction In 2025, a large accumulation is observed with some important integrations in its ecosystem, and there are more developments too, to join in the following year, which paints the picture green mostly for the Pi Network. It is expected to see significant price action, with a target of $1.74 as a key resistance level. If bullish momentum continues, the price could potentially reach $2.0 and $3.0. Conclusion The Pi Network’s recent developments—from major token accumulation and Banxa integration to Binance listing rumors—are clear indicators that Pi is no longer just a test project . 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Complete KYC in the Pi Network app, then migrate your Pi to the Mainnet, and use a supported exchange like OKX, MEXC, Gate.io, or Flitpay, deposit your Pi and sell it for cryptos or FIAT. What is Pi coin value in USD? The Pi coin today is changing hands at $0.5607 . Is Pi coin a good investment? If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year. How much is 1 Pi in rupees? The value of 1 Pi coin in rupees is INR ₹48.37 When will Pi coin launch on Binance? Currently, there is no clarity on the launch of Pi coin on Binance. What could be the Pi coin price in India in 2030? The Pi network price in India in 2030 could be a maximum of $22.00. Where to buy Pi coin? Pi Coin is listed on 12 exchanges, including OKX, Bitget, MEXC, Gate.io, HTX, CoinEx, BitMart, LBank, DigiFinex, CoinW, GCB Exchange, and Pionex.
SEI token has experienced a remarkable 100% price surge in June, fueled by a US government-backed stablecoin pilot, increasing institutional interest, and rapid ecosystem expansion. Wyoming’s choice of Sei Network
Bitcoin's price climbed above $106,000, prompting significant transfers to Binance. Two large Bitcoin transfers to Binance totaled $121 million. Continue Reading: Massive Bitcoin Transfers Shake Up Binance as BTC Tops New Heights The post Massive Bitcoin Transfers Shake Up Binance as BTC Tops New Heights appeared first on COINTURK NEWS .
Prominent attorney and long-time XRP advocate John Deaton has provided new commentary on the prospects of Ripple going public, suggesting that timing could play a crucial role in the company’s decision-making process. In a tweet posted on X, Deaton referenced earlier remarks from Ripple CEO Brad Garlinghouse, who has previously indicated that Ripple is not in a rush to pursue an initial public offering. Deaton affirmed that Ripple does not have a pressing need to raise capital through public markets, which is a conventional reason for companies to pursue an IPO. However, he emphasized that market timing remains a key strategic consideration. He drew comparisons between Ripple and Circle, the issuer of USDC. He cited the potential market cap range of $62 billion to $75 billion for Circle and implied that Ripple, holding nearly 40 billion XRP, could achieve a market capitalization of $100 billion. Deaton’s estimate was based on the current value of XRP at approximately $2 per token, translating to $80 billion in assets if Ripple’s XRP holdings are considered. His tweet conveyed that Ripple’s scale and positioning could support a valuation in that range under favorable market conditions. I know @bgarlinghouse said @Ripple is NOT in a rush to go public. They certainly don’t need to raise capital, which is often, a primary reason to go public. But TIMING an IPO is also a big consideration. If @circle can hit a 62B-75B market cap then @Ripple , with nearly 40B XRP,… https://t.co/MSFNMy6i8E — John E Deaton (@JohnEDeaton1) June 23, 2025 Community Responds With Varying Perspectives Several X users replied to Deaton’s post with their interpretations of Ripple’s IPO pathway. One user, Stratlonesoldier, noted that once Ripple’s legal matters with the U.S. Securities and Exchange Commission are resolved, the company might consider going public not only for capital but also for reputation, governance, and strategic clarity, especially given its large XRP holdings. Another user, Hillary’s Snuke, offered a more critical viewpoint, suggesting that Ripple’s capital position may be attributed to selling XRP rather than operational revenues. This post implied skepticism regarding Ripple’s motivation to avoid raising capital, instead pointing to token sales as a source of funding. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Concerns About Governance and Institutional Influence User DannyXRP responded with concerns about the potential consequences of Ripple becoming a publicly traded company. He warned that going public could invite increased influence from institutional investors, including traditional banking entities. He argued that such developments could compromise the company’s independence and criticized the hypothetical involvement of banks in Ripple’s governance. Instead, he proposed that Ripple remain a private entity and even evolve into a bank itself, thereby avoiding external pressures and preserving its direction and autonomy. IPO as a Strategic Lever Amid Legal Backdrop The overall context of Deaton’s comments centers around Ripple’s ongoing legal entanglements with the SEC, which many observers view as a limiting factor in its public market ambitions. Deaton did not speculate on a specific timeline for an IPO, nor did he claim such a move was imminent. Rather, he highlighted the strategic considerations at play, particularly regarding market conditions, competitive comparisons, and the substantial value Ripple holds in XRP reserves. While Garlinghouse has stated that Ripple is not actively pursuing an IPO at this time, Deaton’s remarks suggest that the company’s leadership may still be evaluating the timing and benefits of such a move. 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 Attorney John Deaton Predicts Ripple IPO Market Cap With 40 Billion XRP In Escrow appeared first on Times Tabloid .
BitcoinWorld US Treasury Secretary: Unlocking Pivotal Trade Deals Post-July 4 Tax Bill The economic landscape is often shaped by strategic announcements from key figures, and the recent statement from US Treasury Secretary Scott Bessent has certainly captured the attention of analysts, investors, and the general public alike. Bessent’s declaration that the United States is poised to finalize significant Trade Deals immediately following the passage of a critical Tax Bill after July 4th marks a potentially transformative moment for the nation’s economic future. This pivotal timeline suggests a carefully orchestrated plan to leverage domestic fiscal reforms into a stronger global trade position, potentially sending ripples across various sectors, including the ever-evolving Financial Markets . What’s Driving the US Treasury Secretary’s Optimism? Scott Bessent’s comments underscore a strategic alignment between fiscal policy and international trade ambitions. The idea that major trade negotiations hinge on the successful enactment of a new tax bill before a specific date, July 4th, is more than just a procedural detail; it’s a testament to the administration’s integrated approach to Economic Policy . Historically, tax reforms have been utilized to stimulate domestic growth, encourage investment, and enhance a nation’s competitive edge on the global stage. By linking the finalization of trade deals to the tax bill’s passage, the administration appears to be signaling that a stable and favorable domestic tax environment is a prerequisite for robust international commerce. This approach aims to provide greater certainty for businesses operating within the U.S. and those looking to invest. A predictable tax structure can lower operational costs, encourage repatriation of profits, and make U.S. goods and services more attractive globally. This foundation, the thinking goes, empowers U.S. negotiators with stronger leverage in discussions with international partners, making the prospect of favorable Trade Deals more achievable. Decoding the Significance of Upcoming Trade Deals The phrase ‘ Trade Deals ‘ often conjures images of complex negotiations and dense legal texts, but their impact on everyday life is profound. These agreements dictate the terms under which goods and services cross international borders, influencing everything from the price of consumer goods to the competitiveness of domestic industries. For the U.S., new trade agreements could mean: Expanded Market Access: Opening new avenues for American products and services in foreign markets, potentially boosting exports and creating jobs. Reduced Tariffs and Barriers: Lowering costs for both importers and exporters, which can translate to more affordable goods for consumers and increased profitability for businesses. Enhanced Economic Growth: Facilitating smoother international commerce can stimulate overall economic activity, contributing to GDP growth. Strengthened Geopolitical Alliances: Trade agreements often go hand-in-hand with diplomatic relations, solidifying partnerships and promoting stability. The specific nature of these deals remains to be seen, but the emphasis from the US Treasury Secretary suggests a focus on agreements that align with the nation’s strategic economic interests, aiming to foster fair and reciprocal trade relationships. Why is the Tax Bill Passage So Crucial for Trade? The upcoming Tax Bill , slated for passage around July 4th, is not merely a domestic fiscal adjustment; it is positioned as a cornerstone for future international economic engagement. A significant tax overhaul can: Boost Domestic Investment: By offering incentives or reducing corporate tax burdens, the bill could encourage companies to invest more within the U.S., leading to job creation and innovation. Improve Competitiveness: A favorable tax regime can make the U.S. a more attractive location for businesses, drawing in foreign direct investment and making American companies more competitive globally. Provide Negotiating Leverage: A strong domestic economy, bolstered by a supportive tax structure, gives the US Treasury Secretary and other negotiators a stronger hand at the bargaining table for Trade Deals . It signals economic stability and a clear direction for growth. The exact provisions of this tax bill will be critical in determining its impact, but the administration’s messaging clearly links its passage to the subsequent acceleration of trade deal finalization. This strategic timing highlights the interconnectedness of internal fiscal health and external trade prowess within comprehensive Economic Policy . Navigating the Complexities of US Economic Policy The orchestration of a major Tax Bill and subsequent Trade Deals is a testament to the intricate nature of modern Economic Policy . The US Treasury Secretary plays a central role in this grand economic strategy, advising the President on economic and financial issues, implementing tax policy, and participating in international financial diplomacy. Crafting policies that simultaneously stimulate domestic growth, manage inflation, and foster beneficial international relationships is a delicate balancing act. Consider the potential challenges: Aspect Potential Benefit Potential Challenge Tax Bill Passage Increased investment, job creation, improved competitiveness. Public opposition, budget deficits, unequal distribution of benefits. Trade Deal Finalization Domestic industry displacement, geopolitical tensions, complex enforcement. Expanded markets, lower costs, stronger alliances. Overall Economic Stability Predictable growth, investor confidence. Unforeseen global events, inflationary pressures, market volatility. The success of these initiatives will depend not only on their design but also on effective communication and adaptability in response to dynamic global conditions. The synergy between fiscal and trade strategies is key to unlocking the intended economic benefits. What Could This Mean for Financial Markets? The announcement from the US Treasury Secretary about impending Trade Deals and the foundational Tax Bill is already being scrutinized by participants in Financial Markets . Markets thrive on certainty and growth prospects, and this dual-pronged approach could signal a period of significant activity. Here’s how different segments might react: Equity Markets: Companies poised to benefit from expanded trade access or reduced tax burdens could see their valuations rise. Sectors like manufacturing, agriculture, and technology, often heavily involved in international trade, might experience particular uplift. Bond Markets: The implications for government bonds will depend on how the tax bill affects national debt and inflation expectations. If the policies lead to stronger economic growth, it could influence interest rate forecasts. Currency Markets: A more competitive U.S. economy and increased trade could strengthen the U.S. dollar, impacting global exchange rates. Cryptocurrency Markets: While often seen as an alternative asset class, cryptocurrencies are not entirely decoupled from traditional financial systems. Increased stability and growth in the broader economy, driven by effective Economic Policy , could foster greater institutional adoption and regulatory clarity, potentially leading to increased capital inflows into digital assets. Conversely, a strong dollar might make dollar-denominated crypto investments less attractive to international investors in the short term. Investors will be closely watching for the specifics of the tax bill and the details of the trade deals to make informed decisions. The period immediately following July 4th could be characterized by heightened volatility as markets digest these significant policy shifts. Benefits and Challenges on the Horizon for US Trade and Economy As the U.S. prepares for these significant shifts in its Economic Policy , it’s essential to weigh both the potential upsides and the inherent challenges. The vision articulated by the US Treasury Secretary is one of renewed economic vigor and global leadership, yet the path forward is rarely without obstacles. Potential Benefits: Economic Revitalization: A combination of tax incentives and new market access can inject fresh capital into the economy, spurring innovation and expansion across various industries. Job Growth: Expanded trade opportunities often translate into increased demand for labor in sectors involved in exports and international commerce. Increased Competitiveness: Streamlined trade processes and a favorable tax environment can make American businesses more competitive globally, attracting talent and investment. Consumer Savings: Reduced tariffs and more efficient supply chains can lead to lower prices for imported goods, benefiting consumers. Inherent Challenges: Negotiation Hurdles: Finalizing complex Trade Deals with multiple partners can be protracted and fraught with disagreements over specific terms and conditions. Domestic Impact: While beneficial overall, certain domestic industries might face increased competition from imports, requiring adaptation or support. Global Economic Volatility: Unforeseen global events, such as geopolitical conflicts or supply chain disruptions, could impact the effectiveness of these policies. Political Opposition: Both the Tax Bill and new trade agreements could face significant political resistance, potentially delaying or altering their implementation. Successfully navigating these challenges will require adept leadership from the US Treasury Secretary and a collaborative approach across government branches and international partners. Actionable Insights for Navigating the Post-July 4 Landscape For businesses, investors, and individuals, understanding the implications of these forthcoming changes is paramount. The period after July 4th is set to be dynamic, with potential shifts in regulations, market conditions, and international relations. Here are some actionable insights: Stay Informed on Policy Details: Closely monitor the specifics of the passing Tax Bill and the emerging details of the new Trade Deals . The fine print will determine the precise impact on various sectors. Assess Sector-Specific Impacts: Evaluate how your industry or investments might be uniquely affected. Are you in an export-heavy sector? Do you rely on imported components? Understanding these nuances is key. Diversify and Adapt: In times of policy shifts, diversification can mitigate risk. For businesses, this might mean exploring new markets or supply chain strategies. For investors, it means maintaining a balanced portfolio that accounts for potential market volatility. Engage with Policy Discussions: Businesses and industry groups should consider engaging with policymakers to voice concerns or offer insights as these policies are finalized and implemented. Monitor Financial Markets Closely: Pay attention to how traditional assets and cryptocurrencies react to the news. Market sentiment can be a leading indicator of perceived economic health. The proactive approach outlined by the US Treasury Secretary demands an equally proactive response from all stakeholders to capitalize on opportunities and mitigate risks. A New Chapter for US Economic Policy The statements from US Treasury Secretary Scott Bessent regarding the finalization of Trade Deals post-July 4th, contingent on the passage of a critical Tax Bill , signal a decisive new chapter in U.S. Economic Policy . This integrated strategy aims to bolster domestic strength through fiscal reform, thereby empowering the nation to forge more advantageous international agreements. The anticipated impact on Financial Markets , from traditional equities to the burgeoning cryptocurrency space, underscores the far-reaching implications of these policy decisions. While challenges undoubtedly lie ahead, the strategic timing and explicit linkage of these initiatives suggest a clear vision for enhancing America’s economic competitiveness and global standing. The coming months will reveal the full scope of these transformative efforts, shaping the economic narrative for years to come. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post US Treasury Secretary: Unlocking Pivotal Trade Deals Post-July 4 Tax Bill first appeared on BitcoinWorld and is written by Editorial Team
The partnership aims to revolutionize the Web 3 gaming ecosystem, allowing for fully decentralized and trustless games on Moonveil by leveraging Impossible Cloud Network’s (ICN) decentraliized multi-service cloud platform. Web 3 cloud service Impossible Cloud Network (ICN) and Moonveil , a full-stack Web 3 gaming platform aiming to reimagine on-chain gaming, enter into a collaboration to develop a fully decentralized gaming ecosystem. The decentralized gaming ecosystem is set to revolutionize the frontend and backend of Web 3 games – from the applications to tokenomics and cloud infrastructure. Following the partnership, developers on Moonveil will be able to create games on-chain, moving the industry away from dependence on AWS and other Web2 crutches to ICN’s decentralized cloud ecosystem. The Layer 2 Moonveil gaming ecosystem and the permissionless cloud protocol (ICN) are committed to making Web 3 gaming fully decentralized, a prospect that was once seen as inevitable. The collaboration will see the pair commit to decentralizing the whole gameplay stack, meaning player-owned infrastructure, cross-game liquidity, sovereign identities, and permissionless performance do not depend on a single centralized server. Impossible Cloud Network is a fully decentralized multi-service cloud platform that provides developers with secure, permissionless services for AI, gaming, and next-gen applications. The platform is backed by over 29,000 node operators across 140+ countries to power decentralized storage, compute, and bandwidth at scale. Having raised over $35 million through community-driven sales, the platform currently supports over 1B in weekly operations, 1,000+ enterprise users, and $5.5M+ in ARR, making it one of the few Web3 networks with proven demand and usage pre-token launch. Speaking on the partnership with Moonveil, Sebastian Pfeiffer, Managing Director at Impossible Cloud Network, stated: “There’s no true Web3 without decentralized infrastructure. This partnership proves that even the complex setups gaming requires can be fully self-sovereign.” On the flip side, Moonveil offers a full-stack Web 3 gaming ecosystem built for players and powered by its native token, $MORE. The protocol is built on zkEVM Polygon technology and backed by a slew of high-profile VCs, including Gumi Cryptos Capital, Spartan Group and Animoca Ventures. The platform has rapidly accelerated Web 3 gaming, leveraging its multi-layered ecosystem. The platform introduces on-chain identity and asset interoperability on its high-performance Layer-2 network. Since launch, the platform has grown its gamer community to over 1 million+ users, 871K+ wallets engaged in its AstrArk marching test, and over 1.3M unique wallets interacting with its testnet. “Moonveil was built to redefine how games and infrastructure come together, and with ICN we’re able to deliver an experience that doesn’t just look like Web3 – it runs on Web3, from infrastructure to gameplay,” said MJ, Founder of Moonveil, during the unveiling of the partnership. The partnership with ICN proves the steps Moonveil is taking to bring full decentralization to Web 3 gaming. In addition, it proves both product-market fit and technical scalability across key global markets. Its node sales have also surpassed $11 million. The milestone comes at a time when both projects are entering their next chapter. ICN is currently preparing for its mainnet and $ICNT token launch, while Moonveil is also set to launch its $MORE token on June 27. 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.
While institutional investors announced reserve plans for Bitcoin, Ethereum and XRP one by one, a surprising move came from Nasdaq-listed giant Synaptogenix. Accordingly, Synaptogenix made its first acquisition of Bittensor (TAO). According to the official statement, Synaptogenix (SNPX) announced that it acquired TAO as part of its treasury strategy. It was also stated that BitGo was chosen as the custody, staking, and trading service provider. Joshua Silverman, Chief Executive Officer at Synaptogenix, said: “Under the guidance of our strategy leader, James Altucher, we made our first purchase of TAO, the leading crypto Al token, and began staking the token for income generation and capital growth. “We have chosen BitGo, a leader in the crypto industry, as the custodian for our TAO assets. Our partnership with BitGo underscores our Company's commitment to both our pure-play crypto strategy and our long-term belief thesis for TAO. Our top priority is to create significant value for our shareholders.” The amount of the acquisition was not disclosed, but Synaptogenix previously announced it would invest up to $10 million in TAO. *This is not investment advice. Continue Reading: Not Bitcoin (BTC), Ethereum (ETH) or XRP! Giant Company Announces Reserve Plan for Surprise Altcoin!
Chinese firms are sending more goods to the UK than they have in years, as high US tariffs push exporters to look for new markets. This shift is most visible in small parcels and electronics. Analysts believe the change could impact UK inflation and pressure local manufacturers, while British and European authorities watch for dumping risks. Chinese exporters send more goods to the UK as US tariffs rise President Trump’s administration more than doubled the import duties on Chinese products to 55% before he returned to office in January 2025. That made it much more costly for Chinese companies to sell into the US market. Chinese firms are switching their shipments to European markets, where trade restrictions are eased and demand is constant. Data shows that China’s small parcel exports to the UK surged by 66% in May compared to last year, and the total value of these small parcels rose to nearly $2 billion in the first five months of 2025. Chinese exporters have proven their responsiveness to global policy changes and can adjust to keep goods moving. Chinese smartphone shipments to the UK rose by 26% between January and May 2025, while computer shipments climbed by 11% over the same period. Meanwhile, Chinese manufacturers are finding new and favorable paths to get their products into consumers’ hands as smartphone imports from China to the US fell by 18% and computers dropped by 25%. The latest numbers suggest Chinese exporters followed their promise to look for other markets if the US raised tariffs again. This new pattern could have long-term effects on global trade, with countries like the UK facing benefits and challenges. While British consumers will enjoy affordable prices for imported goods if companies offer discounts to clear excess inventory once meant for the US, it raises concerns about the local industry and job security because manufacturers may struggle to compete with cheap imports. UK checks for problems as more Chinese goods enter the market The UK’s Office for National Statistics reported that the country imported goods worth £6 billion ($8.2 billion) from China in April alone (the highest monthly total in over two years). Meanwhile, trade data from Beijing shows that exports to the UK are running above normal seasonal levels. The UK’s inflation is still above 3% so policymakers at the Bank of England are watching closely to see whether the increased supply of low-cost Chinese imports like clothing, electronics, and home essentials could bring prices down faster than expected. However, UK officials are also weighing the downsides of this trade shift to domestic manufacturers and producers. Business Secretary Jonathan Reynolds said the government is closely monitoring signs of “trade diversion,” where goods originally intended for another country are redirected to the UK in large volumes. Local industries will struggle to compete if Chinese exporters sell these products at very low prices and sometimes below their production costs, which also qualifies as “dumping,”. Reynolds said his department is ready to use trade remedies or safeguards to protect vulnerable sectors such as steel, textiles, or consumer electronics. External policymaker Catherine Mann argues that the public may not see much benefit in lower prices, even though the volume of cheap imports increases. This is because many retailers might use the savings from low-cost imports to restore their profit margins. Rising wages, rent, and energy bills have squeezed these margins over the past two years. Associate Professor at the London School of Economics, Thomas Sampson, cautioned against making big predictions based on short-term data, despite acknowledging the early signs of trade diversion from the US to the UK. He said it will take several more months of consistent trends before policymakers conclude that Chinese exporters have made the UK a long-term substitute for the US market. UK officials know that the long-term impact will depend on how global trade flows evolve in the coming months, but they remain vigilant and ready to act if needed. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
BINANCE Binance Futures Will Launch USD-Margined OLUSDT Perpetual Contract (2025-06-25) 09:30:46-278