XRP Gets Special Mention from Atlanta Fed

In a recent post on X, Coin Bureau spotlighted a significant development for the XRP community. The Federal Reserve Bank of Atlanta, in a newly published research paper, described XRP as an “international payment medium or wholesale settlement coin.” This acknowledgment signals growing institutional awareness of XRP’s potential role in global finance, particularly in the evolving landscape of Web3. A Landmark Reference in Central Bank Research The reference to XRP appears in a May 2023 publication from the Atlanta Fed’s Policy Hub, titled “An Introduction to Web3 with Implications for Financial Services.” Authored by Christine A. Parlour, a professor at UC Berkeley’s Haas School of Business, the report explores how blockchain technologies, particularly those driving Web3, could transform financial infrastructure. XRP MENTIONED BY ATLANTA FED! The Atlanta Fed’s new report on Web3 calls $XRP an “international payment medium or wholesale settlement coin.” pic.twitter.com/ZXT1jycr6P — Coin Bureau (@coinbureau) July 25, 2025 Within this context, XRP is listed alongside Stellar as a token envisioned for use in cross-border transactions and institutional settlements. While the Fed does not endorse any specific asset, the report notes that XRP was “roughly envisioned as an international payment medium or wholesale settlement coin.” This places XRP within a shortlist of tokens being studied seriously for high-level financial use cases. Exploring Web3 and Global Settlement Frameworks The report explores how Web3 can enhance traditional financial systems by facilitating faster and more cost-efficient clearing and settlement. A key example is Project Mariana, a joint initiative by the Bank for International Settlements (BIS) , the Bank of France, and other central banks. The project investigated using public blockchains and DeFi tools, such as automated market makers (AMMs), to streamline CBDC transactions. In this experimental environment, blockchains like the XRP Ledger and Stellar were examined for their technical suitability in facilitating global liquidity and settlement. These findings suggest that XRP’s design is well-aligned with future models for cross-border monetary flows. Why XRP Stands Out Technically XRP is designed for speed, scalability, and cost efficiency. Transactions settle in 3–5 seconds, with fees as low as $0.0002, and the network can handle up to 1,500 transactions per second. These features make XRP attractive for large-scale payment systems and enterprise-grade settlement use. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Although the Atlanta Fed report stops short of recommending or adopting XRP, the fact that it was mentioned at all, especially in a research paper focused on financial innovation, marks a notable milestone for the digital asset. Community Reaction and Future Outlook Coin Bureau’s post quickly drew attention from the crypto community, with many praising the mention as a sign of XRP’s growing institutional relevance. While some emphasized that the Fed’s statement was academic rather than operational, others viewed it as a strong signal that XRP is firmly on the radar of policymakers and financial researchers. It’s important to note that the Fed has not announced any intention to integrate XRP into its systems, nor does the mention imply endorsement. Still, XRP’s inclusion in such a serious policy discussion affirms its strategic positioning in the broader conversation about the future of digital payments. With increasing institutional focus on Web3 technologies, XRP appears well-positioned to play a central role in shaping the next generation of global finance. 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 XRP Gets Special Mention from Atlanta Fed appeared first on Times Tabloid .

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Bitcoin Could Possibly Surpass $118,000 Amid Institutional Adoption and Market Dynamics

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin has reached

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Neuralink teams up with Spain, California for Elon Musk’s new ‘bionic eye’ project

Neuralink, Elon Musk’s brain chip company, has partnered with researchers in Spain and California on a new clinical trial for what’s being called a “Smart Bionic Eye.” The trial quietly appeared on ClinicalTrials.gov in late July, with sponsorship listed under the University of California at Santa Barbara, according to Bloomberg. The study is meant to explore how brain-computer interfaces can help blind patients see again using artificial intelligence. The trial hasn’t started using Neuralink patients yet. The listing says the research will involve Neuralink participants “once available,” and enrollment is currently by invitation only. The experimental tech is being designed to help users recognize faces, walk outdoors, and read; all through a digital system wired into the brain. There are no human test subjects confirmed yet, but the plan is to eventually implant the device into real people once it’s ready for that stage. Neuralink targets 2030 for launch of Blindsight vision chip The clinical study is part of a bigger roadmap that includes Blindsight, the name of Neuralink’s chip designed specifically to restore vision. Blindsight has only been tested in monkeys so far. Musk’s company is aiming to get the chip into patients by 2030, with expectations to reach $1 billion in yearly revenue by 2031, alongside other implant projects. There are two other devices in the company’s pipeline. One is called Telepathy, a brain chip that lets users control external devices with their mind. The second, named Deep, is being built to treat tremors and Parkinson’s disease. The company presented these plans to investors recently, with projections showing five large clinics opening in the coming years to support 20,000 surgeries annually by 2031. The numbers are based on a $50,000 reimbursement estimate per surgery. Musk is banking on regulatory approval for Telepathy in the U.S. by 2029, which would let the company perform around 2,000 surgeries a year and pull in $100 million annually from that single product. By the following year, once Blindsight is live, those figures jump to 10,000 surgeries per year and an expected $500 million in revenue. Less than 10 human patients have Neuralink implants so far Despite all the projections, fewer than ten people have received Neuralink implants to date. And none of them are using the device to treat blindness or Parkinson’s. The only confirmed use cases have been with paralyzed patients who’ve used the chip to browse the internet, play games, and edit videos using only their minds. These are part of earlier clinical trials, and the patients haven’t been tied to the new bionic eye study. The project is one of several steps Neuralink is taking to push brain-chip tech forward. The company has already pulled in $1.3 billion from investors and now holds a $9 billion valuation, based on data from PitchBook. But even with the money and hype, none of these devices (from Neuralink or any of its competitors ) have been approved by the U.S. Food and Drug Administration for permanent use in humans. Other brain-implant companies are also in the race, trying to prove their devices can safely stimulate or record brain signals. But as of now, no brain-computer interface has been cleared for permanent, everyday human use. The FDA is still reviewing safety and effectiveness data for most of these technologies. Musk has a long history of pushing deadlines. He said in 2015 that Tesla would have fully self-driving cars within three years. That didn’t happen. He delayed the launch multiple times. It was only last month that Tesla’s Robotaxi finally started road testing, nearly a decade later. The trial involving California and Spain doesn’t have a public timeline yet for results or next phases. What’s clear is that Neuralink is now directly involved in the bionic eye project and that it’s connected to the eventual deployment of Blindsight. As of now, there’s no word from Elon Musk or his team on when exactly human patients will start receiving these implants. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

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Cardano vs Mutuum Finance: Could MUTM Beat ADA in Gains?

As July ticks away and traders scramble for the top summer tokens to watch, one name is quietly igniting whispers across crypto circles, Mutuum Finance (MUTM). Mutuum Finance presale phase 5 has already sold out faster than expected. More than 14,300 investors have invested in presale. MUTM has already raised over $13.4 million. The project…

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Next Crypto to Hit $1? This Token Entered Phase 6 and Might Overtake DOGE in ROI

The post Next Crypto to Hit $1? This Token Entered Phase 6 and Might Overtake DOGE in ROI appeared first on Coinpedia Fintech News As Ethereum (ETH) and Solana (SOL) continue their steady climbs, Mutuum Finance (MUTM) stands out in the crypto crowd with a unique blend of innovation and growth potential. Now entering Phase 6 of its presale at $0.035, Mutuum Finance (MUTM) is positioning itself as the next moonshot candidate, with the ambition to outpace DOGE’s historical returns on investment. The limited availability in this phase combined with a thoughtfully engineered ecosystem is creating a perfect storm for a breakout run. Investors ready to seize this opportunity will find MUTM’s structure and roadmap hard to ignore. Stablecoin Depth and mtToken Staking: The Heart of Mutuum Finance (MUTM)’s Design Mutuum Finance (MUTM)’s decentralized stablecoin system will be built on a strict, controlled mint-and-burn model. Only authorized issuers will be able to mint stablecoins against blue-chip collateral such as ETH, and these stablecoins will be burned when borrowers repay their loans, ensuring the peg to $1 remains robust. Governance protocols will actively manage interest rates to maintain equilibrium, while automatic liquidations will protect the system from undercollateralization risks. This setup will foster a stable, reliable environment for both lenders and borrowers. What will truly set Mutuum Finance (MUTM) apart is its innovative mtToken mechanism. When users deposit assets like USDC or ETH into Mutuum Finance (MUTM)’s smart contracts, they will receive corresponding mtTokens 1:1. These mtTokens will grow in value over time as interest accumulates. Moreover, staking mtTokens will unlock an additional layer of rewards: stakers will earn MUTM tokens purchased through open market buybacks funded by protocol revenue. This design will effectively tie token utility to the platform’s success, creating a continuous incentive for participation while boosting MUTM’s demand and value. Presale Snapshot and a Roadmap Set for Growth Phase 6’s launch at $0.035 has already generated $13.60 million, though only 5% of tokens have been claimed so far. Phase 7 is expected to mint 170 million tokens at $0.040, marking a 15% price increase that adds urgency for investors eyeing early entry. The total supply is capped at 4 billion tokens, now held by over 14,400 wallets, reflecting a strong and growing community. Mutuum Finance (MUTM)’s security credentials are impressive. The project earned a CertiK audit with a Token Scan score of 95.00 and a Skynet score of 78.00, confirming a solid technical foundation. A $50,000 USDT bug bounty program actively invites ethical hackers to safeguard the platform, while a $100,000 giveaway across ten backers creates additional community excitement. The project roadmap is equally compelling. Mutuum Finance (MUTM)’s Phase 6 Beta will launch concurrently with the token listing, unveiling the mint/burn stablecoin system alongside an automated rate engine that adjusts borrowing costs dynamically. Further phases promise cross-chain support, facilitating asset transfers beyond Ethereum’s network. Crucially, Layer 2 integration will slash transaction costs to near zero and speed execution to under a second, making Mutuum Finance (MUTM)’s platform both efficient and scalable. Lending Mechanics that Appeal to Both Cautious and Risk-Tolerant Investors Mutuum Finance (MUTM) will expertly balance low-risk and higher-risk lending through its dual models: Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The P2C model will invite depositors to lend blue-chip tokens at competitive rates. For example, lending 2 BTC at a 9% APY will mint 240,000mtBTC tokens that will grow by 0.18 BTC annually. These mtBTC will be stakeable to collect additional MUTM rewards generated from protocol buybacks. Borrowers using P2C will be able to leverage their BTC collateral to draw 70% loan-to-value in stablecoins like USDT, allowing liquidity without selling assets. In contrast, the P2P model will cater to higher-risk appetite by facilitating direct loan agreements involving memecoins such as SHIB. Investors will be able to negotiate loans—say, a 45-day SHIB loan at 32% APR—isolating these volatile assets from core pools and rewarding lenders with premium interest. Investor Case and Growing FOMO: The Clock Is Ticking History tends to repeat itself in crypto, and a seasoned investor who famously predicted DOGE’s 2020 rally is placing his bets on Mutuum Finance (MUTM). He swapped $5,000 worth of ETH into MUTM at just $0.015, acquiring 333,333 tokens valued at $11,666 today. This amount will jump to $20,000 at the listing price of $0.06. More thrilling is the forecasted surge to $1 per token, a staggering 100× gain, pushing his holdings to a remarkable $333,333. This optimistic price prediction is driven by the increasing MUTM demand driven by upcoming beta launch and real testing of platform usage. Mutuum Finance (MUTM)’s thoughtful integration of stablecoin mechanisms, innovative mtToken staking rewards, and Layer 2 scalability coupled with a robust security framework and a clear growth roadmap positions it uniquely in today’s market. Investors seeking the next breakout token that blends safety, utility, and explosive upside will find MUTM’s Phase 6 offering impossible to overlook. The market is waiting for a new leader — this $0.035 token is ready to answer the call For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance .

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Cardano price prediction 2025-2031: Will ADA recover to $3 soon?

Key takeaways : Cardano’s price is expected to surpass $1 in 2025. By 2028, ADA/USD could reach $2.63. By 2031, Cardano might reach a maximum price of $8.61 Cardano is a third-generation blockchain platform launched in 2017 by Ethereum co-founder Charles Hoskinson. Designed for decentralized applications and smart contracts, it uses Ouroboros—a unique, energy-efficient Proof of Stake consensus mechanism. Cardano’s two-layer architecture separates transactions from smart contracts, enhancing scalability and flexibility. Its native cryptocurrency, ADA, is used for transaction fees, staking, and governance, allowing holders to influence the platform’s future. Emphasizing a research-driven, peer-reviewed development approach, Cardano aims to tackle blockchain challenges like scalability and sustainability, making it a strong alternative to platforms like Ethereum. Perhaps you’re wondering: with its innovative technology, can Cardano’s ADA reach new all-time highs soon? Let’s uncover what the future holds for Cardano. Overview Cryptocurrency Cardano Token ADA Price $0.8236 Market Cap $29.19B Trading Volume (24-hour) $1.06B Circulating Supply 35.4B ADA All-time High $3.10 on Sept 02, 2021 All-time Low $0.01735 on Oct 01, 2017 24-hour High $0.8287 24-hour Low $0.7777 Cardano price prediction: Technical analysis Metric Value Volatility (30-day Variation) 17.01% 50-day SMA $0.6698 14-Day RSI 62.84 Sentiment Bullish Fear & Greed Index 72 (Greed) Green Days 20/30 (67%) 200-day SMA $0.6115 Cardano (ADA) price analysis ADA is consolidating between $0.80-$0.83 with weakening momentum signals. Volume decline and bearish MACD divergence suggest sellers are gaining control. Cardano’s critical support lies at $0.77. Cardano price analysis 1-day chart: ADA faces rejection at critical resistance Cardano’s daily chart on July 26, 2025, displays a rejection pattern after testing the upper Bollinger Band around $0.94, with the price currently consolidating near $0.8256. The strong red candle following the rally indicates selling pressure at this critical resistance level. The MACD also shows a bearish divergence with the signal line crossing below the MACD line, suggesting weakening momentum. ADAUSD 1-day price chart by TradingView ADA price analysis 4-hour chart: Cardano sees sideways consolidation with declining volume The 4-hour chart supports the price consolidation on the broader timeframe, showing Cardano trapped in a tight range between $0.80 and $0.83 with notably declining volume as indicated by the OBV. The recent candles show indecision with mixed red and green sessions. The horizontal resistance at $0.8362 continues to cap upside attempts, and the declining volume pattern suggests market participants are waiting for a clear directional catalyst. ADAUSD 4-hour price chart by TradingView ADA technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.7394 BUY SMA 5 $0.8141 BUY SMA 10 $0.8290 SELL SMA 21 $0.7522 BUY SMA 50 $0.6698 BUY SMA 100 $0.6967 BUY SMA 200 $0.6115 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $0.7335 BUY EMA 5 $0.7055 BUY EMA 10 $0.6860 BUY EMA 21 $0.6827 BUY EMA 50 $0.7125 BUY EMA 100 $0.7472 BUY EMA 200 $0.7229 BUY What to expect from the Cardano price analysis next? Cardano is likely to continue consolidating with a bearish undertone following the rejection at key resistance and deteriorating momentum signals. The critical test lies at the $0.77 support level, where a decisive break could accelerate selling pressure toward $0.58. Is Cardano a good investment? Cardano (ADA) presents a mixed investment opportunity. It is a third-generation blockchain that aims to solve scalability issues and enhance security through its Proof-of-Stake mechanism. While some analysts predict significant price increases by 2030, others caution that it remains a high-risk investment due to the volatile nature of the crypto market. Investors should consider their risk tolerance and research before investing, as Cardano’s future performance is uncertain and contingent on market conditions and technological advancements. Will Cardano recover? Cardano’s recovery potential depends on market sentiment and adoption. Despite past challenges, its projected price increase in 2025, potentially reaching $1, has significantly bolstered confidence in the coin’s future. Will Cardano reach $5? Cardano hitting $5 seems quite achievable given past levels. With its ATH around $3.10, $5 would only need to beat that peak by about 60%. A solid bull run and some serious adoption could usher in a unit price of $5. Will Cardano reach $10? Cardano hitting $10 is a long shot. Its all-time high was around $3.10 back in 2021, so $10 would mean more than tripling that peak. From current prices, that’s over a 13x jump. While crypto can be unpredictable, that would need massive adoption and a bull run far beyond what we saw in 2021. Will Cardano reach $50? Cardano hitting $50 is extremely unlikely. With ADA’s current supply of around 35 billion tokens, a $50 price would require a market cap of approximately $1.75 trillion. Even in crypto’s craziest bull runs, that kind of valuation doesn’t happen for altcoins. What is the Cardano forecast for 2040? Predicting Cardano’s (ADA) price in 2040 is highly speculative as it depends on multiple factors, including adoption, regulatory developments, technological advancements, and macroeconomic conditions. However, if Cardano continues its development in smart contracts, decentralized applications (dApps), and blockchain efficiency, it could see widespread adoption, driving its price higher. Some optimistic projections suggest that ADA could reach double-digit prices, possibly ranging from $10 to $50 or more. However, in a bearish scenario, where regulatory hurdles and competition slow its progress, ADA could struggle to maintain high valuations. What will be the future price of Cardano in 2050? Predicting Cardano’s (ADA) price in 2050 is highly speculative, but if blockchain adoption continues to grow and Cardano successfully scales its smart contract ecosystem, its price could see significant appreciation. What that number will be remains to be seen. Does Cardano have a good long-term future? Cardano (ADA) has the potential for a positive long-term future, primarily driven by its technological advancements and growing ecosystem. The platform’s unique features, such as its focus on scalability and partnerships with various institutions, position it well for future adoption. However, its success will depend on overcoming regulatory scrutiny and developer engagement challenges. Recent news/opinion on Cardano Cardano Foundation unveils Reeve , a blockchain-based financial reporting platform designed to provide secure and transparent financial data management on the Cardano network. Source: Reeve Blog Cardano price prediction July 2025 As for July 2025, Cardano’s price could touch a floor price of $0.5700. Given the average expected price of $0.7314, the ADA price may rise to $0.901 at maximum. Cardano Price Prediction Potential Low Potential Average Potential High Cardano price prediction July 2025 $0.5700 $0.7314 $0.901 Cardano price prediction 2025 According to the Cardano price prediction, ADA might reach a maximum price of $1.02, with an average trading price of about $0.7248 and a minimum price of $0.5007. Cardano Price Prediction Potential Low Potential Average Potential High Cardano price prediction 2025 $0.5007 $0.7248 $1.02 Cardano price predictions 2026-2031 Year Minimum Price Average Price Maximum Price 2026 $1.04 $1.07 $1.42 2027 $1.52 $1.58 $1.80 2028 $2.36 $2.43 $2.63 2029 $3.46 $3.56 $4.14 2030 $5.03 $5.17 $5.97 2031 $7.33 $7.59 $8.61 Cardano price prediction 2026 The Cardano market price is expected to peak at $1.42 in 2026. However, it might fall to $1.04, with an average of $1.07. Cardano price prediction 2027 The price for Cardano is predicted to decline and reach a maximum value of $1.80 in 2027. On the lower end, ADA is expected to trade at $1.52, with an average of $1.58. Cardano price prediction 2028 Traders can expect an average trading price of $2.43, with minimum and maximum prices of $2.36 and $2.63, respectively, in 2028 Cardano price forecast 2029 Cardano is expected to reach an all-time high of $4.14 by 2029. However, it could fall to $3.46 with an average price of $3.56. Cardano price prediction 2030 In 2030, ADA’s average forecast price could be $5.17. Its minimum and maximum trading price is expected to be $5.03 and $5.97, respectively. Cardano price prediction 2031 In 2031, Cardano Ada’s price is expected to reach a maximum of $8.61, an average of $7.59, and a minimum of $7.33. Cardano price prediction 2025-2031 Cardano price prediction: Analysts’ ADA price prediction Firm Name 2025 2026 DigitalCoinPrice $1.92 $2.19 Coincodex $1.39 $1.54 Cryptopolitan’s Cardano price prediction According to Cryptopolitan projections, the price of ADA could reach a maximum of $1.5 in 2025. By 2026, Cardano’s price could trade at a maximum of $2.45. Cardano’s historic price sentiment Cardano price history by Coingecko Cardano was founded in 2015 and went live in 2017. It initially gained investor support and popularity for being affordable and environmentally friendly due to its unique PoS mechanism called Ouroboros. In 2021, Cardano implemented the smart contract feature with the Alonzo update. This update came on the ADA test network and brought the interoperability and scalability that was promised to the users earlier. The ADA price reached its all-time high during the bullish cycle of 2021 when it hit $3.09. However, its price started plummeting at the beginning of September 2021 and reached a low of $0.220 in June 2023. In 2024, Cardano peaked at $0.810 in March before dropping to $0.401 in April due to heavy selling. It traded between $0.52–$0.401 in April and $0.317–$0.423 by July, with strong support at $0.33 in August. After peaking at $0.37 in September and dipping to $0.33 in November, ADA surged to $1.1999 at the start of December, hit a maximum price of $1.3264, and closed the year at $0.8451. Cardano (ADA) started 2025 trading between $1.02-$1.09 in January but declined to $0.9 by month-end, then continued falling through February and March, reaching lows around $0.60. In April, ADA dropped below $0.55 before surging back to $0.7030, then skyrocketed to $0.8 in early May before settling at $0.7599 by month-end. Throughout June 2025, ADA traded between $0.513-$0.705. In July, the coin is trading between $0.7777 and $0.8287.

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Trump, von der Leyen set to meet in Scotland to avoid war in EU-US trade talks

European Commission President Ursula von der Leyen is meeting President Donald Trump on Sunday in Scotland, trying to hammer out a last-minute trade deal before U.S. tariffs on European Union goods hit 30% on August 1. The announcement came Friday after Ursula posted on X, saying the two had agreed to meet “to discuss transatlantic trade relations, and how we can keep them strong.” Trump confirmed the meeting the same day after landing in Scotland, telling reporters, “We’ll see if we can make a deal. I think we have a good 50/50 chance. That’s a lot.” The stakes are high. Trump’s warning about steep tariffs has pushed the EU to rush into a potential framework deal. Talks are leaning toward a 15% tariff baseline on EU goods coming into the U.S., matching the deal the Trump administration recently signed with Japan. That Japan agreement, which Trump described on social media as “perhaps the largest Deal ever made,” is now being used as a reference point for Europe. The EU is trying to avoid a trade war, but they’re also preparing for one if Sunday’s meeting fails. Trump’s tariff threat puts pressure on Brussels If the meeting falls apart, Brussels is ready to hit back. A list of retaliatory tariffs worth €93 billion (roughly $109.4 billion) is already on standby. These duties could be activated just days after the U.S. move. The list merges multiple previous versions into a single plan targeting U.S. products. On top of that, the EU is discussing the use of its Anti-Coercion Instrument, a trade weapon that would restrict American access to the European market. That means U.S. companies could be blocked from bidding on public projects across the bloc. There could also be limits on U.S. exports, imports, and foreign direct investment. The tool has been called the “nuclear option” inside Brussels, and while it hasn’t been activated yet, conversations about using it have picked up. France is currently the only country demanding immediate action if the talks fail. But officials told CNBC that “there seems to be a broad qualified majority voting for establishing coercion.” That signals political backing for serious retaliation if Trump follows through on the 30% tariffs. UK, Japan already locked in trade deals with Trump Trump is in Scotland for a four-day visit that includes golf and politics. Besides his Sunday meeting with Ursula, he’s also expected to hold an informal session with UK Prime Minister Keir Starmer. Britain isn’t caught up in the tariff drama. It already signed a trade deal with the Trump administration earlier this year, agreeing to a 10% baseline tariff on goods sent to the U.S. That puts the EU at a disadvantage. Both Japan and the UK have deals in place. The EU doesn’t. Economists say a bad deal may be the only way out. Jack Allen-Reynolds, deputy chief eurozone economist at Capital Economics, said Friday: “Reports this week suggest that the EU and US are on the brink of agreeing a trade deal with a 15% baseline tariff on US imports from the bloc. It’s hard to spin it as a good deal, but it would at least avoid much higher US tariffs and retaliation from the EU.” The Trump administration hasn’t made any final decisions yet. But with just days left before the new tariffs hit, both sides are under pressure to come up with something. The U.S. and EU together account for 43% of global GDP and nearly 30% of all global trade, according to the European Commission. The meeting on Sunday could determine what happens next. Either they land on a 15% deal and avoid escalation, or tariffs spike and both sides start firing back. No one expects a perfect solution, but neither side wants to be blamed for blowing up the largest trade partnership in the world. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

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LIBRA Wasn’t Serious, Says Davis in Legal U-Turn Amid $280M Freeze

The post LIBRA Wasn’t Serious, Says Davis in Legal U-Turn Amid $280M Freeze appeared first on Coinpedia Fintech News Crypto entrepreneur Hayden Davis, connected to LIBRA (a cryptocurrency), changed one of his arguments in the legal case of the LIBRA scam. Davis told the U.S. court that the project was a memecoin , made for fun and not a serious business investment. This statement completely changed the earlier sentiment of LIBRA. Is Hayden Davis Trying to Escape Judicial Investment? According to recent reports , Davis told the US court LIBRA project is a memecoin, meaning it was made for fun. He claims that the project was not meant for serious investment, denying the claims of the private investor, Omar Hurlock. Hurlock’s lawyer requested a proper investigation to scrutinize the involvement of Davis and Benjamin Chow in the LIBRA scam. However, the Federal Judge Jennifer L. Rochon of the Southern District of New York refused the request. According to Argentine media Clarín, crypto entrepreneur Hayden Davis has admitted in a U.S. court filing that the LIBRA project is a memecoin, denying it was an investment with a business plan. On January 30, during a meeting with President Javier Milei, Davis-linked wallets… — Wu Blockchain (@WuBlockchain) July 26, 2025 Davis’s Defence Acknowledges LIBRA As Memecoin Davis argued that they never presented a business plan that would have a strong infrastructure for users to invest in. He emphasized that the opposite party failed to provide any evidence in their defence. His defence reiterated that memecoins are not investments and nor do they have intrinsic value. Davis stated, “Defendants provided no plans, details, or infrastructure to potential purchasers of the memecoin, nor did they provide detailed disclosures or tokenomic distribution information regarding how the raised funds would be allocated to fulfill the [allegedly] promised economic initiatives.” Why Does it Matter? Davis’s statement that LIBRA is just a memcoin comes at a time when thousands of people are awaiting their assets. Amid the dispute between the two parties, authorities froze $280 million connected to LIBRA because they suspected that the money was not handled properly. The fate of these funds will be decided at a hearing scheduled for August 19, 2025, in the New York Court. Both parties, with their defendants, must be present. This outcome could also affect crypto laws and determine stricter laws for the upcoming digital currencies.

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Finland's economy takes a reputation hit after first Fitch downgrade in nearly a decade

Finland’s credit strength just took a hit. On Friday night, Fitch Ratings downgraded the country’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising debt and weak efforts to control it. The decision ends nearly a decade of rating stability and keeps the outlook at Stable. According to Fitch, government debt is still rising, with no solid signs that the current administration can stop it. They expect the debt-to-GDP ratio to hit 86.3% in 2025, up from 82.1% in 2024, and project it to go over 90% by 2029. That number stands in sharp contrast to the 49.4% median for countries in the same rating tier. The agency said the increase is being driven by budget shortfalls, low economic growth, rising interest costs, and stock-flow mismatches. Fitch says consolidation efforts aren’t enough The downgrade followed Finland’s €9 billion fiscal package rolled out in 2023 and 2024, worth about 3.3% of GDP, which was supposed to steady public finances by 2027. But Fitch said it won’t get the job done, especially with total government spending stuck at 57.7% of GDP for 2024. The agency warned that this spending is unlikely to fall anytime soon due to age-related costs, increased defense budgets, and growing social payments. Despite the rising costs, the government plans to introduce tax cuts in 2026 and 2027 for both income and corporate taxes, moves that may help growth but will worsen the deficit. Fitch forecasts the general government deficit to drop only slightly from 4.4% of GDP in 2024 to 4% in 2025, and remain above 3% until at least 2027. That’s much higher than the 2.1% average among peer nations. The gap is being pushed by slow revenue increases, growing pension obligations, and a significant rise in defense spending , which is set to reach 3% of GDP by 2029, with a surge in outlays planned for 2028 and 2029. Weak growth, higher unemployment, and credit stagnation Finland’s economy hasn’t kept pace with the rest of Europe . Fitch highlighted that GDP remains close to 2019 levels, while the EU average saw 5% growth over the same period. Growth for 2025 is expected to be just 0.9%, up from 0.4% in 2024, helped by lower inflation and slightly better household incomes. But high unemployment and low consumer confidence are still dragging things down. Investment is expected to rebound slightly thanks to clean energy, new technologies, and defense-related infrastructure, but confidence in the private sector is too low to push strong momentum. Growth may rise to 1.4% in 2026 and 1.5% in 2027, but still trails the expected 2.5% and 2.1% averages for countries with similar credit ratings. Fitch linked that weakness to aging demographics, low productivity, and ongoing trade uncertainties. The central bank pegs potential growth at around 1%. Still, Finland’s rating wasn’t cut further because of some remaining strengths. Fitch said its pension system has assets equal to 98% of GDP, and about a third of those are in public pension funds. Even with an aging population, those reserves are expected to stay near 75% of GDP by 2050. The government is also planning a €1 billion drawdown from the state pension fund in 2027 to cover spending. But job conditions are deteriorating. The unemployment rate climbed to 9.2% in the first quarter of 2025, up from 7.9% a year ago, making it one of the highest in the eurozone . That’s despite the employment rate staying historically high, supported by strong immigration and more older workers staying in the labor force. Fitch expects the unemployment rate to average 9% this year, before easing to 8.3% by 2027. Inflation is also picking up. Fitch predicts the annual rate, based on HICP, will move up to 1.9% in 2025 from 1% in 2024, then settle around 2% in 2026 and 2027. Meanwhile, credit activity is still weak. Even after recent rate cuts, demand hasn’t improved. Household borrowing is flat and corporate loans are declining. Over 90% of mortgages are on floating rates, so debt servicing costs are rising. Still, banks remain solid. The non-performing loan rate is stable at 1.2%, although it’s higher in construction, and core capital ratios are strong at around 18%. KEY Difference Wire helps crypto brands break through and dominate headlines fast

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XRP Prices Surge as Whales Make Massive Moves

XRP experiences notable price changes, with whales acquiring over 130 million tokens. Expert analysis suggests potential price rise due to strategic whale purchases. Continue Reading: XRP Prices Surge as Whales Make Massive Moves The post XRP Prices Surge as Whales Make Massive Moves appeared first on COINTURK NEWS .

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