BitcoinWorld GBP Recovery: Unlocking Potential as Deutsche Bank Signals Sterling Rebound In the dynamic world of financial markets, where volatility is often the only constant, the traditional foreign exchange (forex) market continues to offer compelling narratives. Just as cryptocurrency enthusiasts track digital asset movements, traditional investors keenly observe major currency pairs for signs of shifts. One such significant development comes from Deutsche Bank, which has issued a notable call on the GBP recovery , suggesting that the Pound Sterling might be on the cusp of a significant rebound. This insight emerges at a critical juncture, as data indicates that bearish positions on the GBP have reached their peak, potentially setting the stage for a reversal. What does this mean for traders and investors, and what factors are driving this optimistic outlook? GBP Recovery: Unpacking Deutsche Bank’s Bullish Stance Deutsche Bank’s latest assessment paints a picture of optimism for the Pound Sterling, a currency that has faced considerable headwinds over the past year. Their analysis points to a significant turning point for the British currency, suggesting that the worst of its declines may be behind it. This bullish stance is particularly noteworthy because it comes after a period where the Pound was heavily sold off, reflecting widespread concerns about the UK’s economic prospects, inflation, and political stability. The core of Deutsche Bank’s argument for a GBP recovery rests on the idea that the market has become overly pessimistic. When a currency is widely shorted, meaning a large number of traders are betting on its decline, it creates a crowded trade. If sentiment begins to shift, even slightly, these bearish positions can be quickly unwound, leading to what is known as a ‘short squeeze’ or ‘short covering.’ This process involves traders buying back the currency to close their losing positions, which in turn pushes the price higher. Deutsche Bank believes that the current level of bearishness has reached an extreme, making the Pound ripe for such a reversal. Key indicators supporting this view include: Extreme Positioning: Speculative net short positions on GBP are at or near historical highs, indicating that most of the selling pressure from institutional traders may have already occurred. Valuation Discrepancy: Despite recent economic challenges, Deutsche Bank suggests that the Pound Sterling is now undervalued relative to its economic fundamentals, making it an attractive prospect for long-term investors. Economic Resilience: While the UK economy faces inflation challenges, signs of resilience in certain sectors, coupled with the Bank of England’s (BoE) hawkish stance, provide a foundation for potential improvement. Deutsche Bank Forecast: What’s Driving the Optimism? The detailed Deutsche Bank forecast for the Pound Sterling is not based on mere speculation but on a careful evaluation of macroeconomic factors and market dynamics. Their analysts have identified several key drivers that could fuel the Pound’s resurgence: 1. Bank of England’s Monetary Policy: The Bank of England has been one of the more aggressive central banks in terms of interest rate hikes to combat persistent inflation. While higher rates can initially dampen economic growth, they also make a currency more attractive to foreign investors seeking higher yields. Deutsche Bank anticipates that the BoE’s commitment to tackling inflation will provide underlying support for the Pound, especially if other major central banks begin to slow their tightening cycles. 2. UK Economic Data: Despite concerns about a recession, recent UK economic data has shown pockets of strength. Labor market figures, consumer spending, and certain business surveys have outperformed some pessimistic expectations. If the UK economy avoids a deep recession or shows signs of a quicker recovery than anticipated, it would provide a strong fundamental basis for a stronger Pound. The market often reacts to these data surprises, leading to re-evaluations of a currency’s value. 3. Global Risk Sentiment: The Pound Sterling is often considered a ‘risk-on’ currency, meaning it tends to perform better when global economic sentiment is positive and investors are willing to take on more risk. If global growth prospects improve, or if geopolitical tensions ease, it could lead to increased capital flows into riskier assets, including the GBP. Deutsche Bank’s outlook implicitly factors in a potential improvement in the broader global economic environment. 4. Technical Rebound Potential: From a technical analysis perspective, the Pound has been oversold, hitting multi-year lows against the US Dollar and other major currencies. This oversold condition, combined with the extreme bearish positioning, suggests that a technical rebound is increasingly likely. Chart patterns and momentum indicators often point to a reversal when a trend becomes stretched. Bearish GBP Positions: The Anatomy of a Market Reversal Understanding why bearish GBP positions have peaked is crucial to grasping the potential for a reversal. For an extended period, the Pound Sterling was a favorite target for short-sellers due to a confluence of negative factors: High Inflation: The UK experienced some of the highest inflation rates among developed economies, eroding purchasing power and raising concerns about living standards. Energy Crisis: As a significant energy importer, the UK was particularly vulnerable to soaring global energy prices, impacting households and businesses. Political Instability: A period of frequent political changes and policy uncertainty further weighed on investor confidence. Brexit Aftermath: Lingering economic adjustments and trade frictions post-Brexit continued to present challenges for the UK economy. These factors led a large number of hedge funds and institutional investors to accumulate significant short positions against the Pound. However, when these positions become too large, the market becomes vulnerable to a reversal. Imagine a seesaw where too much weight is on one side; even a small shift on the other side can cause a dramatic change. The ‘peak’ in bearish positions signifies that most of the participants who wanted to bet against the Pound have already done so. This leaves fewer new sellers to drive the price down further and a large pool of existing short-sellers who will eventually need to buy back the Pound to close their positions, creating upward pressure. This phenomenon, often referred to as a ‘crowded short,’ is a classic contrarian indicator in financial markets. When everyone is on one side of the trade, the potential for a sharp reversal increases dramatically, as there are simply not enough new participants to sustain the existing trend. Navigating Forex Market Trends: Where Does GBP Fit? The Pound Sterling’s trajectory is not isolated; it is deeply intertwined with broader forex market trends . The strength of the US Dollar, the economic health of the Eurozone, and global risk appetite all play significant roles in how GBP performs. For instance, a strong US Dollar, driven by aggressive Federal Reserve rate hikes, has historically put pressure on other currencies, including the Pound. Current forex market trends show a complex interplay of forces: Dollar Dominance: The US Dollar has been a safe-haven asset and a beneficiary of higher interest rates, often leading to weakness in other major currencies. A softening in the Fed’s stance or a shift in global risk appetite could see the Dollar weaken, providing breathing room for currencies like GBP. Eurozone Dynamics: The Euro’s performance is crucial, given the UK’s close trade ties with the Eurozone. While the Eurozone faces its own challenges, any signs of economic improvement or a more hawkish European Central Bank (ECB) could indirectly support the Pound by stabilizing the regional economic outlook. Commodity Prices: As an energy importer, the Pound is sensitive to fluctuations in oil and gas prices. Stabilizing or falling commodity prices could ease inflationary pressures and improve the UK’s terms of trade, offering support to the currency. For traders, understanding these inter-market relationships is vital. A potential GBP recovery could be amplified if the US Dollar begins to weaken or if the global economic outlook improves, encouraging a shift from safe-haven assets to growth-sensitive currencies. Conversely, persistent global headwinds or a resurgence of dollar strength could temper the Pound’s upside potential. Pound Sterling Outlook: Potential and Pitfalls Ahead The Pound Sterling outlook , as envisioned by Deutsche Bank, suggests a compelling opportunity, but it is not without its challenges. While the peak in bearish positions provides a strong technical basis for a rebound, several factors could influence the extent and sustainability of this recovery. Potential Upside Scenarios: Inflation Cooling Faster: If UK inflation moderates more rapidly than expected, it could reduce the need for aggressive BoE rate hikes, potentially boosting consumer and business confidence. Economic Growth Surprises: Stronger-than-anticipated economic data, particularly in key sectors, would directly support a more positive outlook for the Pound. Global Risk-On Shift: A sustained improvement in global economic sentiment and a shift away from safe-haven assets could attract significant capital flows back into the Pound. Political Stability: Continued political stability and clear policy direction from the UK government would reassure investors. Potential Pitfalls and Challenges: Persistent Inflation: If inflation remains stubbornly high, forcing the BoE to maintain a very hawkish stance, it could stifle economic growth and limit the Pound’s upside. Deeper Recession: A more severe or prolonged economic downturn in the UK than currently anticipated would undermine any recovery efforts. Global Economic Slowdown: A significant global recession or renewed geopolitical tensions could trigger a flight to safety, benefiting currencies like the US Dollar at the expense of others. Unforeseen Shocks: As always, unforeseen events (e.g., new energy crises, major geopolitical conflicts) could derail positive forecasts. The outlook for the Pound Sterling is thus a delicate balance between fundamental improvements and external risks. While Deutsche Bank’s call highlights a significant shift in market positioning, investors and traders should remain vigilant and adaptable to evolving market conditions. Conclusion: A Pivotal Moment for the Pound Deutsche Bank’s optimistic assessment of a potential GBP recovery marks a pivotal moment for the Pound Sterling. The indication that bearish GBP positions have peaked suggests that much of the downside pressure may have been exhausted, paving the way for a reversal driven by short covering and a reassessment of the UK’s economic fundamentals. This Deutsche Bank forecast , rooted in analysis of monetary policy, economic data, and global forex market trends , offers a compelling counter-narrative to the prevailing pessimism that has gripped the currency. While the path to a sustained Pound Sterling outlook remains subject to various domestic and international factors, the current market positioning provides a strong technical impetus for an upward move. Investors and traders should closely monitor key economic indicators, central bank communications, and shifts in global sentiment to capitalize on potential opportunities. The next few months will be crucial in determining whether the Pound can indeed unlock its recovery potential and regain lost ground in the global currency arena. To learn more about the latest Forex market trends, explore our article on key developments shaping Pound Sterling liquidity and institutional adoption. This post GBP Recovery: Unlocking Potential as Deutsche Bank Signals Sterling Rebound first appeared on BitcoinWorld and is written by Editorial Team
🚀 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! $RHEA added to
Summary BTCI offers a unique way to generate high monthly income from Bitcoin's volatility, with a current annualized yield exceeding 25%. The ETF uses a synthetic covered call strategy, trading off some BTC upside for immediate income, making it ideal for income-focused investors. BTCI has delivered a 54% total return since inception, combining strong income with capital appreciation, though it underperforms pure BTC exposure. Given BTCI's track record and a pro-crypto environment, I am bullish and plan to add it to my income-focused portfolios for future upside. Bitcoin ( BTC-USD ) has proven many skeptics wrong over the past several years as it increased by 75.73% over the past year to $117,366. BTC is perceived as a store of value by many investors and despite large fluctuations in its share price it’s become an incredible investment opportunity that’s changed lives. BTC doesn’t generate income as it’s a decentralized digital currency which operates on a peer-to-peer network where the public transactions are recorded on the blockchain. NEOS Investments has created the NEOS Bitcoin High Income ETF ( BTCI ) for investors looking to generate large amounts of monthly income with exposure to BTC through exchange traded products that also provide the potential for capital appreciation when BTC appreciates. Some will say to just own BTC instead, but those investors are probably focused on capital appreciation rather than generating recurring income. BTCI is up 7% YTD and has delivered $9.98 of distribution income in 2025 which is a 16.90% yield on cost for anyone who started a position at the beginning of the year. BTCI has close to $500 million in assets under management (AUM) and after almost 1-year of being public its established a strong track record of income generation. I am bullish on several of the NEOS Investments ETF’s and the BTCI is going to be the 3 rd ETF from them that I allocate capital toward. BTCI is on track to deliver an annualized yield of roughly 27% and if BTC continues to appreciate I think BTCI will be in a position to not only appreciate in value but generate larger amounts of income in the future. Seeking Alpha Risks to investing in the NEOS Bitcoin High Income ETF While BTCI has an expected distribution rate that exceeds 25% there are significant risk factors that investors should consider. Everyone should do their own due diligence on BTCI before allocating capital toward it and not let the distribution yield blindly entice them. BTCI will invest at least 80% of its net assets in Spot Bitcoin Exchange Traded Products or options on Bitcoin Futures ETFs. BTCI’s share price will follow the direction of BTC which has been known to be extremely volatile over time. Investors could experience large price swings that result in capital depreciation. BTCI will utilize an option overlay strategy where they sell options to generate immediate income. If BTC continues to rally the options which are sold will likely limit BTCI’s upside potential causing it to underperform BTC and generate less capital appreciation. If for some reason BTC becomes less volatile in the future the premiums in the option market could change and BTCI may not be able to generate similar amounts of income as it currently does. BTCI is correlated to BTC and if for some reason BTC declines in value there is no risk mitigation through diversification or option strategies to soften the blow. Before allocating capital toward BTCI investors should understand that BTCI is focused on generating income and it will not track BTC on a 1:1 basis. Anyone interested in BTCI should conduct their own due diligence and understand that income is the primary focus of BTCI. How the NEOS Bitcoin High Income ETF is structured BTCI is an actively managed ETF that is focused on generating recurring income as its primary goal with a secondary objective of potentially producing capital appreciation. BTCI will invest in exchange-traded spot Bitcoin ETPs predominantly through a controlled foreign corporation while they will still have the ability to invest directly into Bitcoin ETPs. BTCI will obtain indirect Bitcoin exposure through ETFs that invest in Bitcoin future contracts. These ETFs will create exposure by deploying an option overlay strategy which includes selling put options and buying call options at the same stroke price. The spot Bitcoin ETP’s will track the price of BTC by holding actual BTC as their underlying asset. This will provide BTCI will the ability to benefit from BTC as the price appreciates by holding these Spot Bitcoin ETPs in a wholly owned and controlled foreign subsidiary. The option overlay strategy has 2 parts which include utilizing a synthetic strategy to gain exposure to the Bitcoin Futures ETF and writing call options on the Bitcoin Futures ETF to generate recurring monthly income. In order for BTCI to implement its Bitcoin Futures ETF options strategy it will invest in traditional exchange traded options or flexible exchange option (FLEX Options) that utilize the Bitcoin Futures ETF as the reference asset. BTCI’s exposure to the Bitcoin Futures ETF is obtained through utilizing the option market instead of owning BTC directly which will create synthetic exposure to BTC. The combination of puts and calls creates correlation to BTC in both directions. BTCI’s option income strategy is a synthetic covered call strategy because it doesn’t directly own the underlying asset its writing call options on. BTCI’s synthetic exposure to the Bitcoin Futures ETF will allow it to sell call options on Bitcoin Futures ETFs but it will be trading off most of the upside potential if BTC was to appreciate in value. If the Bitcoin Future ETF’s share price appreciates past the strike price of the options BTCI sells to generate income, then BTCI would lose money on those call options, and the loss will limit the upside potential of the synthetic long exposure. BTCI’s strategy will limit its participation in the gains from BTC’s upside potential as its converting potential upside of the price return growth of the Bitcoin Futures ETF and Spot Bitcoin ETPs into immediate income. The call options that BTCI sell will have expiration dates out 1 month and are expected to be held to expiration. Why I am bullish on the NEOS Bitcoin High Income ETF from an income perspective BTC has been volatile but a high performing asset over the years. The volatility on BTC has created an opportunity to generate large amounts of income from the premiums produced in the option market. So far BTCI has generated $13.97 in distributed income since October of 2024. BTCI’s monthly average distribution has been $1.40 since inception, which is a 2.21% monthly yield based on the current share price. The distributions BTCI has been able to generate haven’t fluctuated much and the yield is significantly higher than the risk-fee rate of return. Based on the current metrics, BTCI is on track to generate $16.77 of annualized distributable income which is an annualized yield of 26.54% based on the current share price. There aren’t many income investments that can replicate this level of distribution income especially in an environment where the Fed is expected to lower interest rates. I am bullish on BTCI’s ability to generate larger amounts of income in the future as the price for BTC climbs higher. Seeking Alpha In addition to distribution yields that exceed 25% BTCI has also produced a positive return for shareholders. Since inception BTCI has appreciated by $13.17 (26.34%) in addition to generating $13.97 (27.95%) of distributed income. The combination of appreciation and income has created a total return of 54.29% for shareholders of BTCI. While this has underperformed BTC, BTCI’s objective has never been to replicate the gains of BTC. The important metric to consider is that the way the option strategy is implemented doesn’t cap 100% of the upside for BTCI and there has been some upward trajectory to its share price. If you’re bullish on BTC and are looking for a way to generate income from it the BTCI’s structure is quite interesting as it’s establishing a track record of generating recurring income while being able to appreciate in value. Seeking Alpha Conclusion NEOS Investments has taken their call option strategies and applied it to BTC. While there will always be skeptics on BTC the historical performance of BTCI can’t be disputed. BTCI has been able to exceed a 2% monthly distribution yield and is on track to exceed an annualized distribution yield of 25%. I like BTCI because it provides indirect exposure to BTC and generates double-digit yields from its volatility. Now that there is clearer legislation in Washington and we seem to be in a pro-crypto environment I believe that BTC will continue to climb higher which is bullish for BTCI. If BTC continues to appreciate then BTCI could be in a position to generate larger levels of income while producing more capital appreciation for its shareholders. BTCI has established a strong track record of generating double digit yields without sacrificing all the upside potential which is bullish in my opinion. I plan on adding BTCI to my Dividend Harvesting Portfolio series on Seeking Alpha and potentially in my main income account as I see more upside potential in the future.
This allows authorized participants to swap ETF shares directly for Bitcoin or Ethereum instead of cash. This also is expected to reduce transaction costs and increase market efficiency. SEC Chairman Paul Atkins described the change as part of a broader strategy to create a modern, purpose-built regulatory framework for digital assets. Meanwhile, the Senate Agriculture Committee once again delayed a hearing on Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission (CFTC), after a White House request. The delay adds uncertainty to the CFTC’s future leadership at a time when crypto regulatory oversight is under review in Congress. SEC Eases Crypto ETF Rules The US Securities and Exchange Commission (SEC) approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs). This is a huge milestone in the evolution of regulated crypto investment vehicles. This new allowance makes it possible for authorized representatives to exchange shares of approved Bitcoin and Ethereum funds directly for the underlying crypto assets rather than using. The move is expected to reduce transaction costs and improve market efficiency. Press release from the SEC SEC Chairman Paul Atkins classified the development as part of a broader strategy to create a fit-for-purpose regulatory framework for digital assets, and stated that the change will make crypto ETPs “less costly and more efficient.” Jamie Selway, director of the SEC’s Division of Trading and Markets, explained that in-kind redemptions offer more flexibility and cost savings for issuers, participants, and investors. Until now, crypto ETFs approved by the SEC, including spot Bitcoin and Ethereum ETFs, were limited to cash-only redemption mechanisms. However, regulatory sentiment has gradually shifted. At the Bitcoin Policy Institute conference last month, SEC Commissioner Hester Peirce acknowledged the rising demand for in-kind redemptions. This regulatory pivot is also part of a much broader policy shift toward the digital asset industry, which was encouraged by the Trump administration’s support for crypto innovation and the recent passage of three key Congressional bills focusing on market structure, stablecoins, and restrictions on surveillance-based central bank digital currencies. So far, the industry responded positively to the announcement, with crypto ETFs continuing to see rising demand. US spot Bitcoin ETFs recently posted a 12-day streak of inflows totaling $6.6 billion, bringing their collective holdings to over 1.298 million BTC, which is worth approximately $152.1 billion. Ethereum ETFs are also gaining momentum , with BlackRock’s iShares Ethereum ETF reaching over $10 billion in assets in just 251 days. Now, the SEC’s approval of in-kind mechanisms is likely to accelerate this growth, and could be the start of a new era of more efficient and investor-friendly crypto investment products. Senate Delays Quintenz CFTC Vote Again While the SEC is moving quickly and making changes, the same cannot be said for the Commodity Futures Trading Commission (CFTC). The US Senate Agriculture Committee postponed a planned hearing on Brian Quintenz’s nomination to chair the CFTC, after a request from the White House just days before lawmakers leave for their August recess. The delay was confirmed in an update by Committee Chair John Boozman and Ranking Member Amy Klobuchar, and is the second time the committee pushed back consideration of Quintenz’s nomination. The vote was initially expected during a July 21 meeting, and then again before the Aug. 4 recess, but was removed from the schedule without a new date set. A spokesperson for the committee stated that the decision came directly from the White House, though no official comment was received from the administration. Brian Quintenz previously served as a CFTC commissioner from 2017 to 2021 under Trump and was originally nominated by President Obama. He also disclosed approximately $3.4 million in assets and faced questioning during a June hearing before the same committee. The uncertainty around his confirmation comes at a critical time, as the Senate prepares to take up legislation in September that is specifically aimed at defining regulatory responsibilities between the CFTC and the SEC over digital assets. Quintenz is considered crypto-friendly, and his appointment could have major implications for the future of digital asset policy in the US, especially as the SEC under the Trump administration dropped a number of high-profile crypto enforcement actions after former Chair Gary Gensler's departure. Brian Quintenz The CFTC is also facing a leadership vacuum, with three of its five commissioners—former chair Rostin Behnam, Summer Mersinger, and Christy Goldsmith Romero—already having left their positions. Acting Chair Caroline Pham also suggested that she would step down if Quintenz were confirmed, and Kristin Johnson is expected to leave before 2026. (Source: CFTC ) So far, Trump did not announce replacements for the four seats that would be vacant after Quintenz’s potential confirmation. This leaves the future leadership of the CFTC in flux at a very pivotal moment for crypto regulation.
Telegram founder Pavel Durov has been questioned by investigators in France as part of the ongoing probe into his messenger’s alleged role in spreading illegal content. His latest summoning to a Paris court signals the French judiciary is not easing the pressure on the tech entrepreneur, despite admitting the platform has improved cooperation with authorities. Durov appears in French court for more questioning Telegram’s founder and chief executive, Pavel Durov, has been questioned again by investigative magistrates in Paris this week, the French crypto portal Journal du Coin and the AFP news agency reported, quoting knowledgeable sources. The 40-year-old Russian has been accused of complicity in criminal activity by managing a messaging app that allowed the sharing of illegal content, including child pornography, and illicit transactions. This is his third interrogation since he was charged with multiple violations in that regard. Durov has already rejected these allegations. On Monday, he arrived at a courthouse in Paris with four of his lawyers who later unveiled he had provided additional explanations “demonstrating the inanity of the facts that are the subject of the investigation.” However, while maintaining that he never intended Telegram for illicit use, Durov has previously acknowledged growing criminal activity on the platform and agreed to strengthen moderation. French authorities have since noted improvement in Telegram’s cooperation, according to the law enforcement sources quoted by Agence France-Presse. Pavel Durov’s French saga continues The Russian-born billionaire, who is also a citizen of France, was arrested in August 2024 and first questioned in December. He was initially banned from leaving the country, but eventually, earlier in July, was allowed to visit the United Arab Emirates, where Telegram is headquartered in Dubai. Despite addressing concerns expressed by the French government, including by recently launching a Telegram tool facilitating the reporting of illegal content by users, he is still not off the hook in France, Journal du Coin noted, commenting: “The French justice system seems determined not to let go of Pavel Durov, even though he has made efforts to improve the moderation of his platform.” After his latest meeting with investigative judges in Paris, the attorneys issued a statement denouncing the “numerous investigative actions” targeting Durov “in defiance of domestic and European law” and declared: “We firmly contest the legality of our client’s indictment.” The lawyers have also submitted an appeal claiming the case against Pavel Durov is unconstitutional in France and requested a preliminary ruling from the Luxembourg-based Court of Justice of the European Union ( CJEU ). In an interview with Le Point last month, Durov discussed his relations with governments and indicated he is not inclined to give in to their pressure. The tech businessman has had troubles in the past with authorities in his native Russia as well, where law enforcement agencies wanted Telegram to share correspondence of users suspected of crimes or terrorism. Pavel Durov had previously refused to censor VK accounts of anti-government demonstrators in Russia and to hand over personal info of Ukrainian protesters during the Euromaidan to the FSB, Russia’s Federal Security Service. Launched as Vkontakte, VK is the most popular Russian social media which was co-founded by Durov in 2006. He left Russia after selling his remaining stake in the company in 2014, following his dismissal as CEO, alleging VK had been taken over by allies of Russian President Vladimir Putin. More recently, the entrepreneur denied media reports that Telegram is preparing to open an office in Russia to comply with local regulations and also rejected news that the messenger was leaving the Russian market, describing it as part of a “targeted campaign to discredit Telegram.” Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
Dubai, United Arab Emirates, July 30th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, announced the exclusive listing of DefiTuna (TUNA) on Bybit Spot in the Main Trading Zone. The native token of innovative Solana-based protocol DeFiTuna, TUNA is the star of one of the most anticipated token generation events (TGE) in DeFi this season. Starting July 30, 2025, at 3:00 PM UTC, Bybit users can trade TUNA/USDT on Spot. All transactions will be processed through the Solana network, with TUNA also supported by Bybit Spot's automated Grid Bot functionality from launch. Eligible Bybit users will also get to join the TUNA Token Splash , exclusive on Bybit. TUNA is a revenue-sharing token of Fusion AMM and DefiTuna. DeFiTuna operates as an Automated Market Maker (AMM) built on Solana that empowers Liquidity Providers with unique capabilities. The platform allows users to take leveraged positions—both long and short—to potentially maximize profitability or create effective hedging strategies. By supporting both leverage trading and lending on-chain, DefiTuna delivers a seamless experience for Liquidity Providers and Lenders within a unified ecosystem. DefiTuna is the first decentralized leverage aggregation protocol within the Solana ecosystem to integrate three key components: Concentrated Liquidity Market Making (CLMM), leverage trading, and lending. As a DeFi platform focused on concentrated liquidity market making and leveraged position management, DefiTuna's innovative product positioning and user-friendly design occupy a unique position in the Solana ecosystem. This exclusive partnership positions Bybit as the primary destination for TUNA trading, providing users with first access to this innovative AMM protocol. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube ContactHead of PRTony AuBybittony.au@bybit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld Bybit Exclusive: DeFiTuna (TUNA) to List on Bybit Spot Dubai, United Arab Emirates, July 30th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, announced the exclusive listing of DefiTuna (TUNA) on Bybit Spot in the Main Trading Zone. The native token of innovative Solana-based protocol DeFiTuna, TUNA is the star of one of the most anticipated token generation events (TGE) in DeFi this season. Starting July 30, 2025, at 3:00 PM UTC, Bybit users can trade TUNA/USDT on Spot. All transactions will be processed through the Solana network, with TUNA also supported by Bybit Spot’s automated Grid Bot functionality from launch. Eligible Bybit users will also get to join the TUNA Token Splash , exclusive on Bybit. TUNA is a revenue-sharing token of Fusion AMM and DefiTuna. DeFiTuna operates as an Automated Market Maker (AMM) built on Solana that empowers Liquidity Providers with unique capabilities. The platform allows users to take leveraged positions—both long and short—to potentially maximize profitability or create effective hedging strategies. By supporting both leverage trading and lending on-chain, DefiTuna delivers a seamless experience for Liquidity Providers and Lenders within a unified ecosystem. DefiTuna is the first decentralized leverage aggregation protocol within the Solana ecosystem to integrate three key components: Concentrated Liquidity Market Making (CLMM), leverage trading, and lending. As a DeFi platform focused on concentrated liquidity market making and leveraged position management, DefiTuna’s innovative product positioning and user-friendly design occupy a unique position in the Solana ecosystem. This exclusive partnership positions Bybit as the primary destination for TUNA trading, providing users with first access to this innovative AMM protocol. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Contact Head of PR Tony Au Bybit tony.au@bybit.com This post Bybit Exclusive: DeFiTuna (TUNA) to List on Bybit Spot first appeared on BitcoinWorld and is written by chainwire
BitcoinWorld EU AI Act: Google’s Crucial Commitment Shapes Europe’s AI Future The world of technology, much like the cryptocurrency landscape, is constantly evolving, driven by innovation but increasingly shaped by regulation. As the digital frontier expands, so does the need for clear guidelines, especially concerning groundbreaking technologies like Artificial Intelligence. A significant development on this front is Google’s recent decision to sign the European Union’s general purpose AI code of practice , a move that sends ripples across the global tech industry and sets a precedent for how major players approach the looming specter of AI regulation . For those invested in the future of decentralized tech and digital innovation, understanding these regulatory shifts is paramount, as they often hint at broader trends in how governments will engage with emerging technologies. What is the EU AI Act and Google’s Stance? The EU AI Act is a landmark piece of legislation designed to govern the development and deployment of Artificial Intelligence systems within the European Union. It’s a risk-based framework, categorizing AI applications into different risk levels, from “unacceptable” to “high-risk” and “limited risk.” The Act aims to ensure AI systems are safe, transparent, non-discriminatory, and environmentally sustainable, aligning with fundamental rights and EU values. While the full AI Act will take some time to come into effect, the EU has introduced a voluntary “code of practice” to help developers align with the spirit of the legislation in the interim. Google has confirmed its commitment to this voluntary framework. This decision is particularly noteworthy given that rules for providers of “general-purpose AI models with systemic risk” are set to go into effect soon, impacting major entities like Anthropic, Google, Meta, and OpenAI. By signing, Google indicates a willingness to engage with the EU’s regulatory vision, even as it expresses certain reservations. The Voluntary AI Code of Practice : A Deeper Dive The general purpose AI code of practice is designed to guide AI developers in implementing processes and systems that anticipate compliance with the broader AI Act. For companies that sign on, it means adhering to a specific set of guidelines. These include: Providing updated documentation about their AI tools and services, enhancing transparency. Committing to not training AI models on pirated content, addressing copyright concerns head-on. Complying with requests from content owners to exclude their works from training datasets, giving creators more control. This commitment from Google stands in sharp contrast to Meta’s position. Meta publicly stated its refusal to sign the code, criticizing the EU’s approach as “overreach” and suggesting that Europe was “heading down the wrong path on AI.” This divergence highlights the ongoing debate within the tech industry about the appropriate level and nature of AI governance. While Google acknowledges improvements in the final version of the code, its participation is a strategic move, balancing engagement with continued advocacy for its concerns. Navigating AI Regulation : Challenges and Concerns Despite its decision to sign, Google, through Kent Walker, president of global affairs, has not shied away from voicing significant concerns regarding both the AI Act and the associated code. Walker articulated that there’s a genuine risk that this comprehensive framework could “slow Europe’s development and deployment of AI.” Specific points of apprehension include: Departures from EU copyright law: Potential inconsistencies that could create legal ambiguities for AI developers. Slow approvals: Bureaucratic hurdles that might impede the rapid iteration and deployment essential for AI innovation. Exposure of trade secrets: Requirements that could force companies to reveal proprietary information, undermining competitive advantage. These concerns are not trivial; they underscore a fundamental tension between fostering innovation and ensuring responsible development. The balance is delicate, and overly burdensome AI regulation could indeed impact Europe’s standing in the global AI race, potentially stifling the very growth it aims to govern. Why European Union AI Policy Matters Globally The European Union AI Act is not just a regional policy; it’s a global benchmark. The EU has a history of setting regulatory standards that are often adopted or emulated worldwide, a phenomenon sometimes referred to as the “Brussels Effect.” Just as GDPR influenced data privacy regulations across continents, the AI Act could similarly shape how other nations approach AI governance. This makes Google’s engagement, despite its reservations, a significant signal. It suggests that even major global tech companies recognize the potential for the EU’s framework to become a de facto international standard. The Act’s focus on “unacceptable risk” use cases, such as cognitive behavioral manipulation or social scoring, and “high-risk” uses in areas like biometrics and employment, sets a high bar for ethical AI development, potentially influencing global best practices. Google AI ‘s Role in Shaping the Future of Compliance By stepping forward and signing the code, Google AI is positioning itself as a key player in the ongoing dialogue about responsible AI development and compliance. This isn’t merely passive acceptance; it’s an active engagement that allows Google to contribute to the evolving interpretations and practical applications of the code. Their involvement could influence how the rules are refined over time, advocating for solutions that balance regulatory objectives with the practicalities of large-scale AI deployment. This proactive stance might also give Google a competitive edge, as it gains early insights and experience in navigating what could become a widespread regulatory landscape, differentiating itself from competitors who choose to resist. Google’s decision to sign the EU’s voluntary AI code of practice marks a pivotal moment in the global discourse on AI regulation. While expressing valid concerns about potential impacts on innovation and competitiveness, the tech giant’s commitment signals a strategic willingness to engage with the EU’s ambitious framework. This move not only contrasts sharply with Meta’s outright refusal but also underscores the growing importance of ethical and compliant AI development. As the EU AI Act takes shape, its influence is set to extend far beyond European borders, shaping the future of AI for developers, businesses, and users worldwide. This commitment by a leading AI innovator like Google could indeed set a powerful precedent for responsible innovation in the digital age. To learn more about the latest AI regulation trends, explore our article on key developments shaping AI features. This post EU AI Act: Google’s Crucial Commitment Shapes Europe’s AI Future first appeared on BitcoinWorld and is written by Editorial Team
🚀 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! On July 30,
July 29, 2025 – As crypto investors race to discover the next 100x opportunity, three names are dominating the scene: Little PEPE, Bitcoin Hyper, and the breakout newcomer Pepescape . While all are attracting attention, Pepescape is emerging as the smartest play offering real growth potential, fast returns, and powerful utility from day one. Pepescape Surges Past $1M Raised – Stage 1 Live at Just $0.000356 Pepescape has raised over $1,000,000 in less than two weeks, and the momentum keeps accelerating. Stage 1 of the presale is now officially live, offering early buyers a rare ground-floor entry at only $0.000356 per token. With an explosive community and aggressive roadmap, investors are calling it one of the most promising meme tokens of 2025. Stage 2 Coming Soon at $0.0012 – That’s Nearly 5x in Under a Week Stage 2 will launch at $0.0012, meaning early buyers at Stage 1 could lock in up to 5x returns before public launch a massive upside with minimal early entry cost. This built-in price jump is creating serious FOMO across the crypto space. Real Utility: GigaCEX, the First Community-Owned Exchange Pepescape is more than just a meme it just launched GigaCEX.com , a community-owned crypto exchange. Holders of $PESC tokens will earn passive income from trading fees, a major innovation in the meme coin space that combines fun, community, and real rewards. With staking, NFTs, and future CEX listings on the roadmap, Pepescape is shaping up to be the most utility-driven meme coin of the year. Join Now Before Stage 1 Ends Current Price: $0.000356 Stage 2 Price: $0.0012 (Nearly 5x Growth) Join the Presale at Pepescape.io Follow the Community: Website: https://pepescape.io X (Twitter): https://x.com/pepescapetoken Telegram Channel: https://t.me/PepeScapePortal Instagram: https://www.instagram.com/pepescapecoin Media Contact: contact@chainium.co 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 Top 3 Crypto Presales Right Now: Little PEPE, Bitcoin Hyper, or Pepescape? appeared first on Times Tabloid .