FIFA is set to revolutionize digital fan engagement by migrating its NFT marketplace to a dedicated Avalanche-powered blockchain. This strategic move aims to enhance scalability and user experience for FIFA’s
Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive in Ukraine to consolidate territorial gains in the southern and eastern parts of the nation. Moscow’s increasing economic and military pressures at home could be the factors that drive Russia to the negotiating table. The country has shown little appetite for peace negotiations with Ukraine despite Russia making a show of what war analysts described as a performative ceasefire. There have also been a number of attempts by U.S. President Donald Trump to persuade Russian President Vladimir Putin to talk to Kyiv. Russia’s struggling war economy might be what drives it to negotiate Moscow’s alleged plans to push an offensive this summer in Ukraine to capture the eastern part of the country could give Russia more leverage in any future talks. The country’s economic and military strain, ranging from supplies of military hardware and recruitment of soldiers to sanctions on revenue-generating exports like oil, might be what eventually drives Russia to the negotiating table. Jack Watling, senior research fellow for Land Warfare at the Royal United Service Institute (RUSI) in London, said in an analysis Tuesday that Russia will seek to intensify offensive operations to build pressure during negotiations. He also believes that the country’s pressure cannot be sustained indefinitely. “At the same time, while Russia can fight another two campaign seasons with its current approach to recruitment, further offensive operations into 2026 will likely require further forced mobilization, which is both politically and economically challenging.” -Jack Watling, Researcher for Land Warfare at the Royal United Service Institute. Watling also noted that Moscow’s military equipment stockpiles left over from the Soviet era, including tanks, artillery, and infantry fighting vehicles, will be running out between now and mid-fall. He believes that Russia’s ability to replace losses will be entirely dependent on what it can produce from scratch. Russia’s economy slows amid continued war tensions The country has signaled a decline in its war-focused economy, which has faced international sanctions as well as homegrown pressures largely resulting from war. Russia is facing rampant inflation and high food and production costs that even Putin described as alarming. Russia’s central bank (CBR) has maintained high interest rates (at 21%) to lower the inflation rate, which was at 10.2% in April. The bank acknowledged earlier this month that a disinflationary process is underway. The CBR also argued that a prolonged period of tight monetary policy is still required for inflation to return to its target of 4% in 2026. Liam Peach, senior emerging markets economist at Capital Economics, said last week the sharp slowdown in Russian GDP from 4.5% year-on-year in the fourth quarter to 1.4% in the first quarter is consistent with a sharp fall in output. He also believes the data suggested that Moscow’s economy may be heading for a continued sharp downturn than was expected. Peach noted that a sharp drop in GDP growth surprised them since they had expected a slowdown to take hold in 2025. He argued that a technical recession is possible over the first half of this year, and GDP growth over 2025 as a whole could come in significantly below their current forecast of 2.5%. Alexander Kolyandr, a senior fellow at the Center for European Policy Analysis, maintained that the growth that remains in the Russian economy is concentrated in manufacturing, especially the defense sector and related industries. He noted in an analysis for CEPA that Russia’s economy is cooling after three years of militarizing the country. Kolyandr said the slowdown in inflation, less borrowing by companies and consumers, declining imports, industrial output, and consumer spending all pointed to the slowdown continuing. The Economic Development Ministry also predicted that Russia’s economic growth will slow from 4.3% in 2024 to 2.5% this year. Kolyandr added that the economy is not demobilizing, but it is just running out of steam. According to him, bad decisions by policymakers, a further dip in oil prices, or carelessness with inflation could result in dire consequences for Moscow. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
The Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May 22. FIFA’s layer-1 (L1) blockchain will be powered by the Avalanche network’s scalability-focused infrastructure for the association’s five billion fans worldwide. The move comes nearly a month after FIFA announced its initial plans to launch a new network for its blockchain-based collectibles. AvaCloud’s Ethereum Virtual Machine (EVM) compatibility will enable smoother integration with decentralized wallets and applications. Related: Bitcoin hits new all-time high of $109K as trade war tensions ease The move will enable FIFA to deliver “unique digital collectibles and immersive fan experiences, powered by the speed, scalability, and EVM compatibility,” according to Francesco Abbate, CEO of Modex and FIFA Collect. “The decision was based on a rigorous analysis of key factors including performance, security, transaction fees, customizability, and scalability,” Abbate stated in a May 22 announcement shared with Cointelegraph. Related: Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028 FIFA Collect begins migration to Avalanche As part of the rollout, FIFA will migrate its NFT marketplace and NFT collection, FIFA Collect, to the new Avalanche-powered FIFA Blockchain. FIFA added that “future plans and business cases are planned but not yet publicly disclosed.” Following the migration, external Algorand-based wallets such as Pera and Defly will no longer be supported. Instead, users will be able to connect to FIFA Collect via MetaMask or other EVM wallets that support WalletConnect. FIFA launched its NFT collection ahead of the 2023 Club World Cup in Saudi Arabia in collaboration with blockchain firm Modex. Source: EntertheMythos In November 2024, FIFA partnered with blockchain gaming studio Mythical Games to launch FIFA Rivals, a free-to-play soccer game for iOS and Android. Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26
Today, the price of Bitcoin (BTC) broke through 111,000 US dollars. Institutional funds accelerated profit-taking, and the cost of holding coins for retail investors continued to rise. Passive income tools have become the core weapon to fight market fluctuations. Against this background, compound interest protocols represented by RichMiner have emerged, shouting the slogan “In the second half of the bull market, coin holders must learn to use time to exchange space”, setting off a new round of “binding mining” craze. Bitcoin holders traditionally cannot profit from staking, but the cloud mining contract launched by Rich Miner fills this gap. Rich Miner provides investors with stable passive income through various cloud mining contract packages, reducing risks while attracting more long-term funds. Passive income surges: from leveraged speculation to stable returns Rich Miner contracts are becoming more popular BTC (New User Experience Contract) Investment: $100 Term: 2 days Daily income: $3 Total income: $106 Canaan Avalon A15XP Investment: $500 Term: 6 days Daily income: $6 Total income: $536 Bitdeer SealMiner A2 Investment: $1500 Term: 13 days Daily income: $19.8 Total income: $1757.4 Bitmain Antminer L7 Investment: $3100 Term: 21 days Daily income: $44.33 Total income: $4030.93 The launch of Rich Miner’s cloud mining contract marks the shift of the crypto market from high-volatility speculation to yield-based asset management. For more contract details, click richminer.com . How to join Rich Miner’s passive income: Register: Use your email address to create a new user to get a $15 reward. Use $15 to purchase a sign-in contract to get mining income of $0.6, and successfully start the journey of cloud mining passive income. Select a cloud mining contract: Choose a cloud mining contract that meets your requirements according to your budget. Make money without doing anything: After purchasing a cloud mining contract, just wait for the daily mining income to be automatically distributed to your account. Advantages of Rich Miner: Rich Miner uses energy generation and uses free and recyclable electricity provided by nature (wind, water, solar, etc.) to provide a stable power supply for mining machines. Rich Miner uses the latest ASIC miners and GPU equipment, and has rich experience and leading mining technology in cloud mining operations. Most of Rich Miner’s funds are safely stored in offline cold wallets. Use strong security measures such as McAfee® SECURE protection and Cloudflare® SECURE protection. Rich Miner’s mining team is composed of blockchain industry professionals and IT engineers, ensuring that the team has the knowledge and skills required to meet user needs. Rich Miner does not require hardware. The team provides computing power and the platform is responsible for mining. Users only need to purchase contracts to enjoy generous returns. Rich Miner’s professional customer service team provides 24×7 online services and answers any questions from customers within 5 minutes. Summary: The joint rise of Bitcoin and XRP is not only a vote of the market for regulation and technological breakthroughs, but also a microcosm of crypto assets moving from the margins to the mainstream. Rich Miner leads the transformation of the next stage of the mining ecosystem with its high transparency and stable returns. As the name “Rich Miner” implies, the platform’s goal is not only to make users “miners”, but also to help them become “long-term managers of wealth”. This model continues to iterate under the compliance framework and will become a model for the integration of traditional finance and the crypto world. For more details, click RichMiner.com to visit and explore smarter, cleaner and more profitable mining methods. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post BTC breaks through the 110,000 window! Immediately bind RichMiner to unlock compound interest income appeared first on Times Tabloid .
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