In a move set to redefine the U.S. economic outlook and shake up global financial markets, President Donald Trump’s “One Big Beautiful Bill” has officially passed Congress. Approved in the Senate through a 50-50 split with Vice President JD Vance casting the tie-breaking vote, the bill is now on its way to Trump’s desk for signing, likely today, July 4th. While the legislation doesn’t directly address cryptocurrency, its broader economic implications could have major consequences for digital assets like XRP. A Flood of Stimulus, No Direct Crypto Support At its core, the bill introduces sweeping tax cuts alongside more than $3 trillion in new federal debt. Analysts describe it as a fiscal stimulus wave that will inject massive liquidity into the economy over the coming decade. XRP community figure $589 called it a “fiscal stimulus bomb,” warning that such aggressive spending is likely to trigger rising inflation and long-term weakening of the U.S. dollar. The “Big Beautiful Bill” just cleared the House and is headed to Trump's desk Here’s what it means for crypto, #XRP , and your portfolio – and what happens next. pic.twitter.com/KqLyS2wjNf — $589 (@589CTO) July 3, 2025 Surprisingly, the bill did not include any of the crypto-friendly reforms many hoped to see. Efforts led by Senator Cynthia Lummis to secure exemptions for crypto transactions under $300, tax relief for staking and mining, and clear digital asset classification were ultimately cut during last-minute negotiations. These omissions disappointed many in the blockchain space but left room for future crypto-specific legislation expected later this year. XRP and Crypto Market React: Upward Momentum Resumes Despite early concerns over the absence of crypto provisions, the market’s response was swift and bullish. Bitcoin surged past $109,000, Ethereum gained six percent, and XRP rose 3.2 percent to hover around $2.26. For many investors, the inflationary nature of the bill reaffirmed crypto’s appeal as a hedge against fiat currency debasement. XRP, in particular, benefited from renewed interest thanks to its utility in real-time payments and cross-border settlement. As traditional financial institutions brace for an era of heightened debt and declining dollar strength, assets like XRP, with its low-cost, fast-settlement capabilities, stand out as viable alternatives in the digital economy. According to $589, the bill sends a powerful macroeconomic message: the dollar is weakening, debt is ballooning, and institutions are actively searching for alternative stores of value. While the bill didn’t offer direct benefits to crypto, it has added fuel to the broader narrative positioning digital assets as part of the future financial infrastructure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What’s Next for Crypto Policy and XRP Regulation? Although this bill did not resolve regulatory uncertainty in the digital asset space, it has accelerated momentum for upcoming legislation. Attention now turns to the GENIUS Act, which proposes a clear framework for stablecoin issuance and oversight. Senator Lummis also plans to reintroduce her crypto tax reform bill, potentially bringing long-awaited clarity on how digital assets are treated under U.S. tax law. In parallel, expectations are building for a series of executive orders from President Trump addressing digital finance. With inflation set to rise and pressure mounting on the Federal Reserve and the Treasury Department, the post–July 4th period could mark a turning point for U.S. crypto policy. Crypto Clarity Still to Come, But XRP Well Positioned Trump’s “Big Beautiful Bill” may not deliver immediate wins for the crypto sector, but it marks a significant shift in the macroeconomic environment. With massive debt issuance, a weakening dollar, and growing institutional interest in alternative assets, digital currencies like XRP are poised to benefit. Regulatory clarity remains a work in progress, but the groundwork is being laid. As the U.S. navigates this new fiscal chapter, XRP’s relevance as a fast, efficient settlement solution becomes increasingly difficult to ignore. 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 Trump’s Big Beautiful Bill Passed: Expert Explains What It Means for XRP and Your Portfolio appeared first on Times Tabloid .
A decentralized payment app called Zypto has added Pi Coin (PI) support to its mobile platform so “pioneers” can now use their assets to cover their day-to-day expenses via its physical and virtual VISA cards. New use cases for this token favor a bullish Pi Coin price prediction . The Zypto payment app is supported in more than 10 countries at the time of writing and supports more than 24,000 cryptocurrencies. Pioneers, Zypto is now on the Pi KYB verified list. If you don't already have it, you can download Zypto on https://t.co/Bh8dNFuyrq to enjoy our many great features: – Multichain DeFi swaps to and from $Pi – Load Zypto VISA cards with $Pi – Buy non-reloadable cards – Pay… pic.twitter.com/3sX39Jfnbb — Zypto App (@ZyptoApp) July 2, 2025 In addition, Zypto has launched an interoperable Pi-based decentralized application (dApps) through which users can swap their Pi tokens for other assets. The news comes roughly a week after Pi Day, an event held by the development team in which they shared with the community some new features and updates. Pi has been criticized for its lack of ecosystem growth initiatives following the launch of its public mainnet in February. This collaboration with Zypto could help ease the decline that Pi Coin has experienced lately as its supply has been expanding rapidly. Pi Coin Price Prediction: PI Could Rise to $0.57 If This Key Support Holds In the past 7 days, Pi Coin has retreated by more than 12% but seems to have found strong support at $0.4750. The token has already bounced two times off this level and could be entering a phase of accumulation ahead of further ecosystem news. In the 4-hour chart, the price has moved off its falling wedge but not with sufficient strength to confirm a bullish breakout. Both the 9-day and 21-period exponential moving averages (EMAs) remain on a downtrend while the token is trading below its 200-day EMA as well. The $0.4750 is the most critical level to watch for Pi as a drop below this area could push the token to a new all-time low. This Zypto announcement favors a bullish Pi Coin price prediction as it could help PI in bouncing off this area and retest the $0.57 target shown in the chart. A full recovery to $1 seems difficult at the time, especially as Pi’s daily token unlocks will continue to be quite high during the next couple of weeks or so according to data from PiScan . However, as the rate at which its supply is expanding decreases, the market could start to assign more weight to this kind of announcement. While Pi continues to struggle, Bitcoin-linked crypto presales are gaining traction. BTC Bull Token (BTCBULL) is a standout example, having already raised over $8 million and attracting growing investor interest. BTC Bull Token (BTCBULL) Hands Over Rewards Based on How Bitcoin Performs Bitcoin is currently trading at $110,000, bringing it closer to the first reward milestone set by BTC Bull Token (BTCBULL) — a meme coin designed to reward Bitcoin holders with passive income. BTCBULL’s unique system offers two types of incentives: Bitcoin airdrops and token burns. The structure is simple. Starting from a $100,000 BTC baseline, new rewards are unlocked every time Bitcoin gains another $25,000. At $125,000, a portion of BTCBULL’s supply will be permanently burned, reducing circulation and potentially boosting the token’s price. Next up, once the top crypto reaches $150,000, token holders will receive a direct BTC airdrop in their wallets where they hold BTCBULL in correspondence to the number of tokens that they hold. To buy $BTCBULL, head to the BTC Bull Token website and connect your wallet (e.g. Best Wallet ). You can either swap USDT or ETH or use a bank card to invest. The post Pi Coin Price Prediction – Pi Network Gains DeFi Momentum With Zypto Integration: Is a Full Recovery on the Table? appeared first on Cryptonews .
A court in Brussels has sentenced three men to 12 years in prison for the December 2024 abduction of the wife of Belgian crypto investor and content creator Stephane Winkel. The sentencing, handed down on Thursday, comes as European authorities face a rising number of crypto-linked kidnapping cases. According to prosecutors, the group snatched Winkel’s wife outside their home on December 20 and forced her into a van registered in France. The attackers then attempted to flee toward the Belgian coast. Winkel immediately contacted the police, triggering a swift response. Officers intercepted the van near Bruges, forcing it into a ditch and arresting the three adults inside. A fourth suspect, a minor, was referred to juvenile court. Three Jailed in Winkel Kidnapping, But Crypto Plot’s Masterminds Still Unknown Local media outlet La Dernière Heure reported that the kidnappers were convicted of hostage-taking and attempting to extort cryptocurrency as ransom. During the trial, the defendants claimed they had been acting under threat from unnamed “sponsors” who would have killed them if they refused. The court dismissed this version of events, describing the crime as a deliberate and professional hostage operation. Le verdict est tombé : 12 ans de prison ferme pour les ravisseurs de mon épouse. La justice belge vient de condamner à 12 ans de réclusion criminelle les trois premiers individus impliqués dans son enlèvement fin décembre 2024. Ils devront aussi verser 1 million d’euros de… pic.twitter.com/1431rAqvac — Stéphane | Crypto Académie (@StephaneWinkel) July 4, 2025 Authorities believe the kidnapping was financially motivated, with investigators linking it to other crypto-related abduction attempts in Belgium and neighboring France. While the court has now sentenced those who physically carried out the act, the broader investigation remains active, and officials have yet to identify the masterminds behind the operation. In addition to prison time, the court also ordered the convicted men to pay over €1 million (around $1.2 million) in damages to the victim. Winkel and his wife, who were deeply shaken by the event, have since relocated for safety reasons. Winkel, a well-known figure in the Belgian crypto space, runs educational platforms including Crypto Académie and Crypto Sun. He also operates a YouTube channel with nearly 40,000 subscribers, where he previously offered wallet demonstrations, market commentary, and contests. Following the attack, Winkel stepped back from public appearances. In a January post on X , he wrote, “I consider myself a defender of freedom, but I now realize that safety must become an absolute priority for me and those around me.” Récapitulatif de l'enlèvement : On est le vendredi 20 décembre, 10 heures du matin : une camionnette avec quatre individus à bord a fait irruption dans ma rue et a enlevé de force ma femme. J’ai entendu des cris depuis mon bureau et je me suis précipité dehors. J’ai vu la… — Stéphane | Crypto Académie (@StephaneWinkel) January 6, 2025 He pledged to return to crypto education, but with a different approach, one that avoids personal exposure and high-risk demonstrations. “No more contests or wallet demonstrations,” he said, instead promising to focus on market analysis and user protection. Winkel reappeared on YouTube in late June, releasing his first video since the incident. This time, the video featured only voiceover narration, no on-camera presence. While the sentencing marks progress in the case, authorities continue their search for those believed to have orchestrated the plot. The Belgian police confirmed that investigations are ongoing into what they describe as an expanding network behind a series of targeted kidnappings in the European crypto sector. Global Wave of Crypto-Related Kidnappings Intensifies The case of the Belgian family is not an isolated incident. Around the world, crypto investors with public profiles are becoming prime targets in a disturbing trend of high-stakes abductions. A recent report noted that Australian crypto billionaire Tim Heath, last July, narrowly escaped a kidnapping attempt in Tallinn, Estonia. Heath, founder of Yolo Group, was ambushed by two men posing as painters. Australian crypto billionaire Tim Heath escaped a violent kidnapping attempt in Tallinn, Estonia, by biting off part of an attacker’s finger. #Crypto #Crime https://t.co/Bc3xo2O4So — Cryptonews.com (@cryptonews) July 3, 2025 One of them, a former boxer from Azerbaijan, tried to muffle Heath’s screams, only to lose part of his finger when Heath bit down in self-defense. Court records revealed the attackers had tracked Heath’s movements using a GPS device and planned to transport him to a rented sauna house to force a crypto transfer. France has seen a similar spike. In June, a TikTok crypto influencer was abducted and beaten in Essonne after attackers demanded €50,000 in crypto. When his attackers found his wallet nearly empty, they released him. Days later, another man was held hostage in Paris while his kidnappers demanded his Ledger wallet and cash. His partner was coerced into handing over €5,000 before he was freed. A 23-year-old has been kidnapped in Maisons-Alfort, Paris, with attackers demanding access to his Ledger wallet and cash. #Ledger #Paris https://t.co/caNxkPWx8n — Cryptonews.com (@cryptonews) June 20, 2025 Notably, according to Bitcoin security advocate Jameson Lopp, at least 32 “wrench attacks” have occurred in 2025 so far, nearly one-third in France, surpassing prior years in scale and coordination. The post Belgian Court Jails Trio 12 Years for Crypto Investor’s Wife Kidnapping—Masterminds Still at Large appeared first on Cryptonews .
BitcoinWorld Bitcoin Plunge Warning: Analyst Predicts Bearish Shift Below $108K The world of cryptocurrency is a constant whirlwind of volatility and opportunity. For investors and enthusiasts alike, understanding the intricate dance of digital asset prices is paramount. When a seasoned crypto analyst issues a stark warning, the market tends to listen. Recently, a significant alert has emerged concerning Bitcoin (BTC), the undisputed king of cryptocurrencies, suggesting a potentially dramatic shift in its market trajectory. Is Bitcoin on the Brink? Understanding the $108,000 Threshold Daan Crypto Trades, a well-regarded voice in the crypto analysis space, has pointed to a critical juncture for Bitcoin . According to a report by Cointelegraph, the analyst suggests that if BTC fails to hold the crucial $108,000 support level, the market could witness a definitive bearish turn. This isn’t just an arbitrary number; in technical analysis, specific price points often act as psychological or structural barriers that dictate future movements. A breach of such a level can signal a significant change in market sentiment and momentum. What makes this particular threshold so vital? In trading, support levels are price points where a downtrend is expected to pause due to a concentration of demand. If demand at this level is insufficient to absorb selling pressure, the price can ‘break’ through, often leading to accelerated declines as stop-loss orders are triggered and new sellers enter the market. The $108,000 mark appears to be one such line in the sand for Bitcoin ‘s current consolidation phase. The Curious Case of Current BTC Consolidation One of the key insights from Daan Crypto Trades is that the current consolidation pattern of BTC looks somewhat different from its predecessors in this market cycle. Consolidation typically refers to a period where an asset’s price trades within a relatively narrow range, indicating a balance between buying and selling pressure before a decisive move. Historically, Bitcoin has often consolidated before significant upward trends. The analyst explains that while the pattern still follows the general blueprint – where it ‘stalls, deviates below, retakes the range and then grinds higher’ – there’s a crucial missing element: ‘the actual breakout and continuation.’ This suggests that while Bitcoin has shown resilience in bouncing back into its range, it hasn’t demonstrated the strong follow-through buying pressure needed to propel it into a sustained upward trend. This lack of conviction from buyers, combined with persistent selling pressure at higher levels, creates a precarious balance. Without a clear breakout, the risk of a downside move intensifies, making the $108,000 level even more precarious. Key Characteristics of Current BTC Consolidation: Stalling: Price action has paused its upward momentum. Deviation Below: Brief dips below expected support levels occur. Retaking the Range: Price manages to recover and re-enter the previous trading range. Grinding Higher (or Sideways): Slow, often unconvincing upward movement or prolonged sideways trading. Missing Element: Lack of a strong, decisive breakout and sustained continuation. The Ominous Bearish Outlook: What Happens Below $108,000? The implications of Bitcoin failing to hold the $108,000 support are significant. According to the analyst, such a failure could pave the way for a drop below the psychologically important $100,000 mark once again. This isn’t just about a few thousand dollars; breaking a major round number like $100,000 can trigger widespread panic selling and a loss of confidence among retail and institutional investors alike. A move below $100,000 could lead to a cascading effect, where further support levels are tested and potentially broken. This scenario would firmly establish a bearish trend, characterized by lower highs and lower lows, increased volatility, and potentially longer periods of decline. For traders, this means shifting strategies from seeking long opportunities to looking for short positions or simply staying on the sidelines. For long-term holders, it could mean enduring deeper drawdowns and a test of conviction. Potential Market Reactions to a Break Below $108,000: Increased Selling Pressure: Traders with stop-loss orders below $108,000 would exit their positions. Psychological Impact: A break below $100,000 could trigger FUD (Fear, Uncertainty, Doubt) across the market. Liquidation Cascades: Leveraged positions could face margin calls and forced liquidations, accelerating the decline. Altcoin Impact: Historically, when Bitcoin experiences significant drops, altcoins tend to follow, often with even greater percentage losses. Shift in Market Sentiment: A prevailing optimistic sentiment could quickly turn negative, leading to reduced participation and investment. Navigating the Market: Actionable Insights for Price Prediction While the analyst’s warning paints a cautious picture, it also provides valuable information for informed decision-making. Understanding potential support and resistance levels, as well as market patterns, is crucial for developing a robust trading or investment strategy. Here are some actionable insights for navigating these uncertain times: Monitor the $108,000 Level Closely: This is the immediate key. Watch how Bitcoin reacts if it approaches or tests this level. Strong bounces would indicate resilience, while swift breaks would confirm the bearish outlook. Risk Management is Paramount: If you are actively trading, consider setting stop-loss orders to limit potential losses if the price drops. For long-term investors, ensure your portfolio is diversified and you are not over-leveraged. Consider Dollar-Cost Averaging (DCA): If you believe in Bitcoin’s long-term potential, a bearish turn could present opportunities to accumulate at lower prices. DCA involves investing a fixed amount regularly, regardless of price, which averages out your entry cost over time. Stay Informed, But Filter Noise: Follow reputable analysts like Daan Crypto Trades, but always cross-reference information and conduct your own research. The crypto market is rife with speculation and misinformation. Prepare for Volatility: Bitcoin’s price action is notoriously volatile. Be mentally prepared for significant swings in either direction and avoid making emotional decisions based on short-term price movements. Look for Confirmation: Don’t act on a single signal. Wait for clear confirmation of a trend reversal or continuation before making significant moves. For instance, a break below $108,000 followed by a sustained period below it, perhaps even breaking $100,000, would be stronger confirmation of a bearish trend than a brief wick below. Beyond the Immediate Warning: Broader Market Context It’s important to remember that Bitcoin’s price is influenced by a multitude of factors beyond technical analysis alone. Macroeconomic conditions, such as inflation rates, interest rate decisions by central banks, and global economic stability, play a significant role. Regulatory developments, institutional adoption news, and even major geopolitical events can all sway market sentiment. For instance, increasing institutional interest and the approval of new investment vehicles can provide significant upward momentum, while stricter regulations or negative headlines can trigger sell-offs. The upcoming Bitcoin halving events, which reduce the supply of new Bitcoin, are also historically significant drivers of bull markets, though their impact is often delayed and complex. Understanding this broader context helps in forming a more holistic price prediction . While a technical analyst might highlight a specific price point, the underlying fundamentals and external forces often dictate the strength and duration of any trend. The Resilience of Bitcoin : A Historical Perspective While a potential bearish turn is concerning, it’s also crucial to remember Bitcoin’s history of resilience. The cryptocurrency has weathered numerous bear markets, significant price corrections, and periods of intense skepticism, only to emerge stronger. Each major downturn has historically purged weaker projects and over-leveraged participants, paving the way for more sustainable growth. This historical perspective doesn’t negate the immediate warning but serves as a reminder of Bitcoin’s long-term trajectory. Short-term volatility and bearish phases are inherent to nascent, high-growth markets. For long-term investors, these periods can often be seen as opportunities rather than existential threats, provided one has a sound investment strategy and conviction in the asset’s future. Concluding Thoughts: Staying Vigilant in a Dynamic Market The warning from Daan Crypto Trades serves as a timely reminder of the delicate balance in the cryptocurrency market. The $108,000 level is undeniably a critical point for Bitcoin , and its ability to hold this support will likely dictate its immediate future. A failure to do so could usher in a significant bearish phase, potentially seeing BTC drop below $100,000. As always, informed decision-making, robust risk management, and a long-term perspective are your best allies in navigating the unpredictable waters of digital assets. Whether Bitcoin holds strong or succumbs to selling pressure, the market will continue to evolve, presenting new challenges and opportunities for those who are prepared. To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Plunge Warning: Analyst Predicts Bearish Shift Below $108K first appeared on BitcoinWorld and is written by Editorial Team
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Quid Miner’s new mobile app helps users earn daily income from crypto through smart cloud mining, no hardware or trading required. Table of Contents From ‘dormant assets’ in wallets to daily cash flow What is cloud mining? Core advantages of Quid Miner platform How to start free cloud mining with Quid Miner Quid Miner company platform overview Conclusion Against the backdrop of geopolitical tensions and increased market volatility, the traditional “buy-hold-wait-to-rise” strategy is no longer able to cope with the complex market conditions. How to convert crypto assets into stable cash flow is becoming a common question among more and more investors. Quid Miner, a British intelligent cloud computing platform, is the representative of this trend, achieving efficient management of crypto assets and daily returns. From ‘dormant assets’ in wallets to daily cash flow Ali (pseudonym), an old user with six years of exchange experience, said frankly: “It is too passive to keep the coins in the wallet and wait for the market.” After contacting Quid Miner, he chose to invest part of his assets in the platform’s cloud mining contract. In less than 24 hours, the daily net income exceeded US$5,000, allowing him to truly experience the new path of “holding coins and earning interest” for the first time. What is cloud mining? Cloud mining is a method of mining cryptocurrencies such as Bitcoin by renting remote cloud computing power. Users only need to invest in contracts to mine. The QuidMiner platform can run computing power mining for users in the cloud, automatically complete computing power allocation and daily profit settlement. It’s simple and convenient, more users can directly participate and earn stable passive income every day. Core advantages of Quid Miner platform Compliance guarantee: As a UK-registered and regulated platform, Quid Miner complies with international compliance standards and has excellent legality and credibility. Bank-level security: Relying on McAfee® and Cloudflare® dual protection, it guarantees the security of user assets and data around the clock. Zero hidden fees: All fee structures are fully transparent and there are no hidden fees. Multi-currency support: Multi-currency support: including BTC , DOGE , ETH , SOL , XRP , LTC, BCH, USDC and TRC20/ERC20 USDT. Mobile support: iOS and Android versions of the app can monitor income and manage contracts in real time. How to start free cloud mining with Quid Miner 1. Choose a cloud mining service provider: Quid Miner offers a $15 free mining plan, and users can earn $0.60 in passive income every day for free. 2. Create an account: Users can sign up with an email address and start mining immediately. 3. Contract selection: Users can flexibly choose from a variety of mining plans based on their budget and preferences: BTC basic computing power [experience contract]: Investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8 DOGE BTC [WhatsMiner M60S]: Investment amount: $2,700, contract period: 18 days, daily income of $35.37, expiration income: $2,700 + $636.66 BTC [Avalon A1566]: Investment amount: $5,500, contract period: 25 days, daily income of $77, expiration income: $5,500 + $1,925 DOGE BTC [ANTSPACE HW5]: Investment amount: $50,000, contract period: 45 days, daily income: $885, maturity income: $50,000 + $39,825 BTC [ANTSPACE HD5]: Investment amount: $100,000, contract period: 50 days, daily income: $1,820, maturity income: $100,000 + $91,000 Different contracts have different computing power, investment amount and term, and the return will also vary. Expenditure management: Users will start to automatically earn income and enjoy continuous expenditure, providing them with a stable source of passive income. Quid Miner company platform overview Quid Miner was founded in 2010 and is headquartered in the UK. As a UK-approved platform, it strictly abides by international regulatory standards. It is powered entirely by clean energy and has provided services to more than 5 million users in more than 180 countries/regions around the world. The goal of the platform is clear: Let every crypto asset holder in the world obtain sustainable and stable passive income with the help of smart cloud mining. Conclusion In this unpredictable market cycle, experienced investors no longer keep their assets “static” in their wallets, but are looking for smarter ways to make them real cash flow generation tools. Quid Miner is undoubtedly providing a reliable and feasible new path. For investors who want to obtain continuous passive income in a compliant, environmentally friendly, and safe way, Quid Miner is not only a platform but also a systematic evolution of crypto asset management. To learn more, visit the official website and download the mobile app . Official platform email: info@quidminer.org Read more: QuidMiner: Smart cloud mining app for XRP, DOGE, and more in 2025 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Russia’s Rostec is set to launch RUBx, a ruble-backed stablecoin on the TRON blockchain, alongside RT-Pay, a secure stablecoin payment platform designed for seamless transactions. This initiative marks a significant
The U.S. seems to be ceding technological lead in a critical sector to China following the country’s decision to cut funding to programs boosting EV sector sales. China and the U.S. are taking completely different approaches to their electric vehicle industries. Despite the Trump administration’s tech-forward stance, stakeholders are claiming that they are disrupting the progress of the industry Beijing is pushing driver assistance technology China’s rapid development in assisted-driving and electric vehicle (EV) technology has once again brought the country into the spotlight. Regulators upped the ante after an incident involving a Xiaomi SU7 sedan operating under an assisted-driving system claimed three lives in March. The focus is now on the limits of Level 2 systems, which require constant driver supervision despite being able to handle steering, acceleration, and braking. Xiaomi has continued to cooperate with the investigation, but Chinese regulators have responded by tightening supervision. They are now drafting new safety rules that include hardware and software standards for monitoring driver awareness and readiness to take over control. Officials have tapped automakers like Dongfeng and tech companies like Huawei to shape these regulations, with a public comment period closing on July 5. This collaborative approach aims to enable the rollout of Level 3 vehicles with systems that allow drivers to take their eyes off the road under limited conditions as early as 2026. Earlier this year, the state-owned automaker Changan was chosen to begin Level 3 validation testing. That plan was paused following the Xiaomi crash but is expected to resume soon. Several companies, including Geely’s luxury brand Zeekr and Huawei, are gearing up to bring Level 3 systems to market and are simply awaiting regulatory approval. Huawei has already completed over 600 million kilometers of simulated testing and is reportedly ready to launch highway-capable Level 3 tech. Industry analysts have said that China’s proactive stance in developing policies alongside technology gives its automakers a competitive edge. In contrast, in the U.S., companies like Tesla and Waymo face delays due to the absence of a federal framework for self-driving cars. Currently, over 60% of new vehicles sold in China feature Level 2 capabilities. Brands like BYD are pushing these features at scale, even offering them at no extra cost under names like “God’s Eye.” At the April Shanghai Auto Show, global brands like Mercedes-Benz and Volkswagen showcased advanced driver-assist systems but stopped short of promising Level 3 capabilities due to high costs and regulatory uncertainty. Mercedes-Benz CTO Markus Schaefer noted that despite cheaper chips and computing systems, achieving the safety standards required for Level 3 remains expensive and elusive. “It’s a moving target,” he said. U.S. retreats from EV incentives Under a sweeping tax and budget bill passed by Congress, the popular $7,500 tax credit for new EV purchases along with the $4,000 used EV credit, will expire on September 30, 2025. The Electrification Coalition, a prominent EV advocacy group, warned that this legislation effectively surrenders America’s role in the global transition to electric transportation. “As EVs secure a growing share of the global automotive market, it is obvious that the future of transportation is electric; this bill forfeits America’s role in that future to China,” the group stated on Thursday . Originally introduced in 2008 and expanded in 2022, the tax credit helped push EV sales by easing the cost burden for consumers. Analysts are arguing that ending it now could deliver a sharp blow to momentum in the U.S. EV market. According to Barclays auto analyst Dan Levy, the expiration date is likely to spark a temporary buying surge with consumers rushing to purchase EVs before the credit ends. He also warned that there would be a steep drop in demand thereafter. “We believe the bill reiterates the slowdown ahead for EV penetration in the U.S., with both the ‘carrot’ (tax credits) and the ‘stick’ (emissions regulations) softened,” Levy wrote in a research note. The U.S. government has historically used a combination of financial incentives and regulatory penalties to promote cleaner transportation. But the final bill also eliminates fines for automakers failing to meet Corporate Average Fuel Economy (CAFE) standards which could encourage the continued production of gas-powered vehicles. Stellantis, the parent company of Chrysler, paid nearly $600 million in penalties for fuel economy violations from 2016 through 2020. General Motors paid $128.2 million in fines over two years. A Harvard University study from March projected that ending the EV tax credits would reduce EV market penetration in the U.S. by 6% by 2030 and save the government $169B over a decade. But those savings could come at the expense of technological leadership. Meanwhile, China continues to subsidize EV manufacturing, software development, and AI integration for its vehicles. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The seasonal effects of the summer months have begun to show themselves in cryptocurrency markets. In June, total Bitcoin futures volume fell by about 20% compared to the previous month, to $1.55 trillion. This figure was well below the monthly average volume of $1.93 trillion in the first five months of 2025. Bitcoin Futures Volume Drops 20% in June: Signal of Summer Recession in Crypto Markets A similar trend was observed last year, when June 2024 futures volume fell 15.7% on a monthly basis, but average volume remained low throughout the summer, although it partially recovered in July. While the monthly average was $1.53 trillion during the June-September 2024 period, this figure remained 10% below the $1.71 trillion average in the first five months of the year. This seasonal downtrend was also seen in 2023. Bitcoin futures volume, which averaged $1.03 trillion per month in the first half of 2023, fell to $717 billion in July 2023, falling by about 30% on a monthly basis. The decline continued in the following two months, with a 2.4% decrease in August and a 21.5% decrease in September. Data for June 2025 indicates that the trend of volume decline in the summer months may be repeated this year. Analysts say that although it is too early to make a definitive judgment, this development strengthens the possibility of a summer recession in crypto markets. Trading volumes in the coming months will clarify the impact of this season on the market. *This is not investment advice. Continue Reading: Total Bitcoin Futures Volume Dropped Nearly 20 Percent in June Compared to the Previous Month! What Does It Mean?
Bitcoin’s market cycle is approaching a critical phase, with historical halving data suggesting a peak between September and November 2025. The current cycle has already surpassed 400 days, indicating it
BitcoinWorld Real-World Asset Tokenization: UK & Singapore Unleash a Powerful New Era Are you ready for a seismic shift in how we perceive and trade assets? The global financial landscape is on the cusp of a revolutionary transformation, driven by the burgeoning field of tokenization. At the forefront of this exciting evolution are two major financial hubs, the UK and Singapore, who have just cemented a groundbreaking commitment to deepen their UK Singapore collaboration in the realm of digital finance, particularly focusing on the immense potential of real-world asset tokenization . This strategic partnership isn’t just about discussions; it’s about actively building the future of finance, piece by digital piece. UK Singapore Collaboration: Forging a Strategic Alliance for Digital Finance This week, London played host to a pivotal event: the 10th UK-Singapore Financial Dialogue. More than just a diplomatic meeting, it served as a robust platform for both nations to reiterate their shared vision for a more efficient, inclusive, and technologically advanced financial ecosystem. The core agreement? To significantly strengthen their cooperation in digital finance, with a keen eye on tokenized assets and the transformative power of Artificial Intelligence (AI). This isn’t merely a handshake agreement; it’s a strategic move designed to position both nations at the vanguard of financial innovation. Why is this UK Singapore collaboration so significant? Both countries boast highly sophisticated financial sectors, strong regulatory frameworks, and a forward-thinking approach to technology. By combining their strengths, they aim to: Accelerate Innovation: Foster an environment where new digital financial products and services can flourish safely. Set Global Standards: Influence the development of international norms and best practices for digital assets. Attract Investment: Become preferred destinations for fintech companies and investors seeking clarity and opportunity in the digital asset space. Enhance Market Efficiency: Leverage technology to reduce costs, increase speed, and improve transparency in financial transactions. What is Real-World Asset Tokenization and Why Does it Matter? At the heart of this collaborative effort lies real-world asset tokenization . But what exactly does that mean, and why is it generating such a buzz? In simple terms, real-world asset (RWA) tokenization involves converting ownership rights of tangible or intangible assets into digital tokens on a blockchain. Imagine owning a fractional share of a skyscraper, a piece of fine art, or even a rare vintage car, all represented by a secure, immutable digital token on a distributed ledger. This is the power of RWA tokenization. The implications are profound. This technology promises to revolutionize traditional finance by: Boosting Liquidity: Making illiquid assets (like real estate or private equity) more easily tradable. Enabling Fractional Ownership: Allowing more investors to access high-value assets by owning a smaller, tokenized portion. Increasing Transparency: Providing an immutable record of ownership and transactions on the blockchain. Reducing Costs and Friction: Streamlining processes by eliminating intermediaries and manual paperwork. Expanding Market Access: Opening up investment opportunities to a broader global audience. From property and commodities to intellectual property and even future revenue streams, almost any asset can theoretically be tokenized. This move by the UK and Singapore signals a clear intent to move beyond theoretical discussions and into practical implementation of this transformative technology. Project Guardian: Paving the Way for Digital Finance Innovation A cornerstone of this renewed cooperation is the advancement of Project Guardian . This isn’t a new concept; it’s a joint initiative spearheaded by regulators and the investment sector in both nations, specifically designed to explore the real-world potential of tokenized financial assets. Think of it as a sandbox for innovation, where key players can experiment with tokenization use cases in a controlled, collaborative environment. The dialogue highlighted plans to significantly broaden industry participation in Project Guardian . This means bringing in more diverse voices and expertise from leading organizations such as the UK Investment Association and the Investment Management Association of Singapore. Why is this expansion crucial? Because true innovation in digital finance requires a collective effort: Stakeholder Role in Project Guardian Regulators (e.g., MAS, FCA) Provide regulatory clarity, identify risks, and ensure market integrity. Financial Institutions Pilot new tokenized products, develop infrastructure, and test market viability. Technology Providers Build the underlying blockchain platforms and smart contract solutions. Legal Experts Ensure compliance with existing laws and advise on new legal frameworks. By involving a wider array of industry participants, Project Guardian aims to accelerate the development of practical, scalable solutions for tokenized assets, paving the way for mainstream adoption in the broader digital finance landscape. Seamless Connectivity: The Vision for Cross-Border Trading Beyond individual asset tokenization, the dialogue also extensively covered the Global Layer One (GL1) project. This ambitious initiative directly addresses one of the biggest hurdles in the global adoption of tokenized assets: facilitating seamless cross-border trading . Imagine a world where an investor in London can easily purchase a tokenized real estate asset in Singapore, and vice-versa, with minimal friction and maximum efficiency. The GL1 project aims to achieve this by tackling both regulatory and technical challenges that currently impede international tokenized asset transfers. These challenges include: Regulatory Divergence: Different countries have varying laws regarding digital assets, making interoperability complex. Technical Interoperability: Ensuring different blockchain networks can communicate and transfer assets securely. Legal Certainty: Establishing clear legal frameworks for ownership, transfer, and dispute resolution across borders. Settlement Efficiency: Developing robust mechanisms for real-time gross settlement of tokenized transactions. By working together on GL1, the UK and Singapore are not just looking to benefit their own economies; they are aiming to lay the groundwork for a more interconnected and efficient global financial system, where cross-border trading of tokenized assets becomes as commonplace as traditional foreign exchange. The Broader Implications: Why This Matters for the Future of Finance This strengthened alliance between the UK and Singapore is a significant indicator of the growing momentum behind digital assets and blockchain technology in mainstream finance. It signals a clear intent from leading economies to embrace innovation rather than resist it. For investors, financial institutions, and technology firms, this collaboration offers: Increased Certainty: A clearer regulatory environment fosters greater confidence for investment and development. New Investment Opportunities: Access to a wider range of tokenized assets and new financial products. Technological Advancement: Driving the development of robust and secure blockchain infrastructure. Global Leadership: Positioning the UK and Singapore as pioneers in the evolving digital economy. The path forward will undoubtedly have its challenges, from navigating complex legal landscapes to ensuring robust cybersecurity. However, the proactive and collaborative approach taken by these two financial powerhouses demonstrates a strong commitment to overcoming these hurdles and realizing the full potential of tokenization. Conclusion: A Glimpse into the Future of Global Finance The 10th UK-Singapore Financial Dialogue marks a crucial step forward in the global journey towards a tokenized future. By deepening their UK Singapore collaboration , focusing on real-world asset tokenization , advancing Project Guardian , and laying the groundwork for seamless cross-border trading via GL1, these nations are not just talking about innovation; they are actively building it. This alliance promises to unlock unprecedented liquidity, efficiency, and access in the world of digital finance , setting a powerful precedent for other countries to follow. The future of finance is digital, and the UK and Singapore are leading the charge. To learn more about the latest crypto market trends and the evolving landscape of digital assets, explore our article on key developments shaping real-world asset tokenization and institutional adoption. This post Real-World Asset Tokenization: UK & Singapore Unleash a Powerful New Era first appeared on BitcoinWorld and is written by Editorial Team