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Republican Sen. Rand Paul of Kentucky strongly objected after Vice President JD Vance asserted in a Saturday post on X that ‘Killing cartel members who poison our fellow citizens is the highest and best use of our military.’

‘JD ‘I don’t give a s[—]’ Vance says killing people he accuses of a crime is the ‘highest and best use of the military.’ Did he ever read To Kill a Mockingbird? Did he ever wonder what might happen if the accused were immediately executed without trial or representation??’ Senator Paul wrote. ‘What a despicable and thoughtless sentiment it is to glorify killing someone without a trial.’ 

In a Truth Social post last week, President Donald Trump shared video footage of what he said was ‘a kinetic strike against positively identified Tren de Aragua Narcoterrorists’ who he said ‘were at sea in International waters transporting illegal narcotics, heading to the United States.’

Someone responded to Vance by writing that, ‘Killing the citizens of another nation who are civilians without any due process is called a war crime.’ 

But the vice president swiftly fired back.

‘I don’t give a s[—] what you call it,’ Vance declared.

GOP Sen. Bernie Moreno of Ohio pushed back against Paul.

‘What’s really despicable is defending foreign terrorist drug traffickers who are *directly* responsible for the deaths of hundreds of thousands of Americans in Kentucky and Ohio. JD understands that our first responsibility is to protect the life and liberty of American citizens,’ Moreno wrote on on X.

This post appeared first on FOX NEWS

President Donald Trump has been racing at breakneck speed to keep all his campaign promises. Yet he has only four months left to fulfill his vow to halve electricity prices by the end of his first year. Fighting against the fallout of the Biden administration’s harmful anti-fossil fuel agenda, the president faces stiff headwinds. The only way the president can meet his self-imposed deadline is to change course quickly, reject Biden’s mistakes and unlock the potential of every available electron.  

So far, the trend lines aren’t looking good. In the last year, electricity prices have risen twice as fast as inflation, and the Energy Information Administration estimates that retail electricity prices will continue to outpace inflation through next year, with residential prices surging between 13% to 18% higher than in 2022. 

Though, traditionally, consumers have been much more concerned about gas prices — a number they see projected on highway signs and experience firsthand multiple times a month at the pump — the experience of electricity price spikes instead of the promised price cuts will risk diminishing Trump’s popular support. 

What’s worse, these price hikes will arrive before the midterms, when Trump will be battling to retain his slim congressional majorities. 

The current price hikes aren’t Trump’s fault. Instead, he inherited a market with increasing and unprecedented energy demand coupled with the fallout from the Biden administration’s harmful policies to phase out fossil fuels. 

Technological innovations like cloud and quantum computing, crypto mining, electric vehicle adoption, streaming services and, most of all, AI data centers, all have tremendous energy demands, which drive electricity prices higher. Rand estimates global AI data centers alone will need 327 GW of energy by 2030. To put that into perspective, the entire state of California used 86 GW of energy in 2022. 

In the face of rising demand, the Biden administration embarked on an aggressive program to curtail legacy energy production. The Biden EPA imposed new emissions restrictions that effectively forced the retirement of coal and natural gas power plants and manipulated regulations across agencies to hem in traditional fuel sources. 

If these Biden-era policies didn’t cause the current electricity price spikes, they at least allowed today’s demand-induced price increases to hit consumers unabated. 

Trump now has to deal with a crisis not of his own making. With his firm commitments to win the AI race, advance crypto and reshore energy-intensive manufacturing such as semiconductor production, Trump can only keep electricity prices in check by massively increasing supply to meet rising demand. 

Unfortunately, his administration appears to be repeating the same mistakes as Biden’s, just colored with a different ideology. 

Where the Biden administration cut energy supplies by attacking fossil fuel production, the Trump administration is limiting alternative and renewable energy sources. 

The One Big Beautiful Bill rescinds tax incentives for renewables, while the administration has advanced multiple orders and rules that limit clean energy, from halting offshore wind leases to curbing solar tax credits. 

‘Drill, baby, drill’ is a great energy policy, but it’s not enough by itself. While America produced nearly enough energy from fossil fuels (86.3 quads) to supply our nation’s entire energy consumption (93.59 quads) in 2023, the fact is, we need alternative energy sources just to meet current demands. When the future requires even more energy, the necessity for alternative energy will only increase. 

The cheapest way to put more electrons into the power grid immediately is to erect significantly more solar and energy storage infrastructure, coupled with natural gas peaker plants that can be rapidly turned on during peak hours. 

In the medium term, America needs to increase nuclear energy production, build more energy infrastructure like electric transmission lines and natural gas pipelines, and construct geothermal power plants while deploying grid-enhancing technology, improving demand response and increasing energy efficiency. With the growing adoption of solar and EVs, the United States can even create an aggregated network of residential, virtual power plants that only draw energy in low-use times while feeding energy back into the grid when it’s needed most. 

If these Biden-era policies didn’t cause the current electricity price spikes, they at least allowed today’s demand-induced price increases to hit consumers unabated. 

The point is, every energy source and efficiency measure must be deployed if we have any hope of keeping prices in check. 

President Trump can’t be blamed for the current rise in energy prices. But he could be blamed down the road if his administration continues to limit supply by favoring one source of energy over others. At the end of each month, most consumers don’t care where their energy comes from; they only care that it’s cheap. 

This post appeared first on FOX NEWS

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women.

HHS will release the report that could draw that link this month, The Wall Street Journal reported on Friday.

That report will also suggest a medicine derived from folate — a water-soluble vitamin — can be used to treat symptoms of the developmental disorder in some people, according to the Journal.

In a statement, an HHS spokesperson said, “We are using gold-standard science to get to the bottom of America’s unprecedented rise in autism rates.”

“Until we release the final report, any claims about its contents are nothing more than speculation,” they added.

Tylenol could be the latest widely used and accepted treatment that Kennedy has undermined at the helm of HHS, which oversees federal health agencies that regulate drugs and other therapies. Kennedy has also taken steps to change vaccine policy in the U.S., and has amplified false claims about safe and effective shots that use mRNA technology.

Kennedy has made the disorder a key focus of HHS, pledging in April that the agency will “know what has caused the autism epidemic” by September and eliminate exposures. He also said that month that the agency has launched a “massive testing and research effort” involving hundreds of scientists worldwide that will determine the cause.

In a statement, Kenvue said it has “continuously evaluated the science and [continues] to believe there is no causal link” between the use of acetaminophen, the generic name for Tylenol, during pregnancy and autism.

The company added that the Food and Drug Administration and leading medical organizations “agree on the safety” of the drug, its use during pregnancy and the information provided on the Tylenol label.

The FDA website says the agency has not found “clear evidence” that appropriate use of acetaminophen during pregnancy causes “adverse pregnancy, birth, neurobehavioral, or developmental outcomes.” But the FDA said it advises pregnant women to speak with their health-care providers before using over-the-counter drugs.

The American College of Obstetricians and Gynecologists maintains that acetaminophen is safe during pregnancy when taken as directed and after consulting a health-care provider.

Some previous studies have suggested the drug poses risks to fetal development, and some parents have brought lawsuits claiming that they gave birth to children with autism after using it.

But a federal judge in Manhattan ruled in 2023 that some of those lawsuits lacked scientific evidence and later ended the litigation in 2024. Some research has also found no association between acetaminophen use and autism.

In a note on Friday, BNP Paribas analyst Navann Ty said the firm believes the “hurdle to proving causation [between the drug and autism] is high, particularly given that the litigation previously concluded in Kenvue’s favor.”

This post appeared first on NBC NEWS

Crude oil price is set for a weekly loss as Brent remains close to the one-week low it hit on Thursday. In addition to the persistent economic uncertainties, oversupply concerns are fueling the selling pressure. As a result, the bulls appear keen on finding a steady trading range as they lack enough momentum to yield a trend reversal in the short term. 

The market is now keen on the OPEC+ meeting on Sunday for clarity over the group’s next move. The decision to further unwind their voluntary output cuts may yield an oil price selloff. 

Oversupply concerns reverse oil price gains

Crude oil price remains under selling pressure amid concerns over increased supply from OPEC+ and non-OPEC producers. To begin with, the Organization of Petroleum Exporting Countries and their allies (OPEC+) is expected to consider a further surge in production during their meeting on Sunday. The market would interpret a production hike as a sign that the group is more keen on its market share than supporting oil prices. 

The member countries have already agreed to raise production by a total of 2.2 million bpd for the period between April and September. This is in addition to the UAE’s quota increase of 300,000 bpd.  

The OPEC+ unwinding, coupled with the surge in US oil production, has heightened the risk of a crude oil sell-off. According to EIA, output in this non-OPEC oil producer hit a fresh all-time high in June 2025 at $13.58 million bpd. This marks a 50,000 bpd increase from the previous high hit in October 2024 and the pre-COVID peak of $582,000 bpd. 

Amid these concerns, bulls in the crude oil market are finding some comfort in the easing growth of the US oil industry. In fact, Standard Chartered expects the country’s output to peak in Q1’26 at 14.34 million bpd. 

Brent crude oil price technical analysis

Crude oil price chart | Source: TradingView

Brent crude oil price has remained below the bullish trend line that shaped its movements between early June and early August. Notably, it is back in consolidation mode after momentarily rising past the tight range earlier in the week. 

A look at its daily chart shows the global oil benchmark trading below the short-term 25-day EMA and medium-term 50-day EMA. However, it has held steady above the strong support level of $65.90. 

In the short term, the range between $65.90 and $68.06 is still worth watching. Further rebounding will likely curb the gains at the upper resistance level of $69.64. A trend reversal will require the bulls to gain enough momentum to bolster crude oil price back above the months-long bullish channel. On the flip side, failure for the prices to stabilize at the current support zone may give the bears a chance to pull Brent oil lower towards May’s levels of $64.50. 

The post Crude oil price outlook: Bulls keen on stability over trend reversal appeared first on Invezz

Circle stock price has plunged in the past two months, erasing most of the gains made after its initial public offering (IPO). CRLC dropped to $114.55 last week, its lowest level since June 16. This decline has led to a $44 billion wipeout as the market capitalization dropped to $26 billion from a high of $70 billion.

Top reasons why CRCL stock plunged

The Circle stock price has plunged primarily for five main reasons. First, it has plunged as the initial post-listing momentum waned, with some of the initial investors like Cathie Wood dumping millions of shares. This is a common practice whenever a stock or a crypto goes public. 

Second, the CRCL stock price has declined due to valuation concerns. At its peak, it was one of the most overvalued companies, as its market capitalization jumped to over $70 billion, significantly exceeding the value of its stablecoin holdings. 

Third, Circle’s share price has plunged as competition in the stablecoin industry rose. While USDC is the second biggest stablecoin in the crypto industry, other new ones are gaining market share. 

Ripple USD (RLUSD), which was launched in December last year, has become the fastest-growing stablecoin in the crypto industry as its market capitalization jumped from zero to $710 million today. PayPal’s PYUSD stablecoin has a market cap of over $1.1 billion.

Federal Reserve interest rate cut hopes

Further, the stock has retreated as concerns about the Federal Reserve remained. Recent data confirmed that the Fed will cut interest rates by 0.25% or even 0.50% this month. 

The data showed that the economy created just 22,000 jobs in August as the unemployment rate rose to 4.3%. Most importantly, the report confirmed that the economy lost jobs in June for the first time since the pandemic. 

Fed interest rate cuts may impact its revenue growth because it makes money by investing its reserves in short-term government bonds. 

On the positive side, the company will offset the rate cuts by growing the USDC market cap. This is happening as the amount has jumped to over $72 billion, up from $35 billion in the same period last year. This growth may continue after the signing of the GENIUS Act

Circle stock has fallen as the countdown to its lockup period expiry started. This expiry will end in December, allowing its insiders to sell the stock. As we saw with the CoreWeave stock, many shares drop towards the lockup expiry.

Circle reported mixed financial results. While its revenue jumped by 53% to $658 million, its net loss rose to $482 million. Non-cash charges like stock-based compensation and an increase in the fair value of the convertible debt drove this loss. 

Analysts expect that its revenue in the current quarter to be $679 million, while the annual figure will jump to $2.61 billion. It will then jump to $3.21 billion in the next financial year.

Circle stock price technical analysis 

CRCL stock chart | Source: TradingView

The three-hour chart shows that the CRCL stock price has been in a freefall in the past few months, moving from a high of $298 in July to $115 today. 

On the positive side, it has formed a falling wedge pattern, which is made up of two descending and converging trendlines. These two trendlines are now about to converge, which may lead to a bullish breakout. 

The MACD and the Relative Strength Index (RSI) have started to move upwards. Therefore, the stock will likely have a strong bullish breakout, potentially to $150 in the coming months as investors buy the dip.

The post Here’s why the Circle stock price has plummeted appeared first on Invezz

Rolls-Royce share price has surged this year and is hovering near its all-time high as demand for its engines continues rising. It rose to 1,090p on Monday, a few points below the year-to-date high of 1,110p. It has also jumped by 96% from its lowest level in April. 

From a burning platform to a cash printer

Rolls-Royce Holdings has transitioned from what its CEO called a “burning platform” into a cash printer, thanks to its strong revenue and demand growth across all industries, including civil aviation, defense, and power. 

The company has mostly benefited from the ongoing civil aviation boom that has made many airlines highly profitable. For example, United Airlines revenue rose to $57 billion last year from $50.5 billion in the previous year. 

Delta Air Line’s revenue also jumped to $61 billion, while in Europe, companies like IAG and Lufthansa are also thriving.

This growth has helped its business thrive as it makes most of its revenue and profits in the civil aviation. It generates this revenue from selling engines and entering into long-term service contracts with airlines.

The company has also benefited from the ongoing artificial intelligence (AI) boom that has led to more demand in data center energy. Many data center companies now use some of its power engines. 

Nuclear power tailwinds

Most importantly, the company’s nuclear power business is also thriving after it won a deal with the UK government to build small nuclear reactors. Just recently, Sweden said that it was considering building several small nuclear reactors with British technologies.

With its strong background in the nuclear space, there is a likelihood that this division would be worth billions of dollars. 

For example, Oklo, an American company building similar solutions, has achieved a market capitalization of $10 billion. NuScale, another top company in the industry, has a $9.2 billion. The two companies are yet to start making a profit. 

Rolls-Royce is now a giant money printer with its free cash flow rising to £1.5 billion in the year’s first half from £1.15 billion in the same period last year. 

Analysts anticipate that its free cash flow will continue growing in the coming years. It will get to £3.3 billion in the next financial year, followed by £3.9 billion and £4.4 billion in the next two years. 

If the trend continues, the company may beat these targets sooner than expected. For example, it recently beat its mid-term targets two years in advance. This FCF growth has helped it start buying back its stock and boosting its dividend.

Rolls-Royce share price technical analysis

RR stock price chart | Source: TradingView

The daily timeframe chart shows that the RR stock price has been in a strong bull run in the past few years. Recently, however, it has found a resistance level at 1,103p, a level it has failed to move above several times. 

The stock has formed a double-top pattern, while the MACD and the Relative Strength Index (RSI) have formed a bearish divergence. Therefore, RR stock price will likely have a pullback in the coming weeks. If this happens, the next point to watch will be at 1,000p. 

The post Rolls-Royce share price: what next for the former ‘burning platform?’ appeared first on Invezz

The crypto market started the week well, with Bitcoin price soaring to $112,000 and the market capitalization of all coins jumping to $3.84 trillion. This article highlights some of the top cryptocurrencies to watch this week, including the likes of Keeta (KTA), Linea (LINEA), and Polkadot (DOT).

Linea (LINEA)

Linea will be one of the top cryptocurrencies to watch this week as it launches its airdrop, a move that will birth a token valued at over $1 billion.

Started by Consensys, Linea has become a major player in the Ethereum scaling industry. It mainly focuses on zero-knowledge scaling, which analysts believe is the future because of its privacy features.

Linea has become one of the fastest-growing players in the layer-2 industry. Data shows that the total value locked (TVL) in its platform has jumped to $1.67 billion, much higher than the year-to-date low of $186 million.

Most of this growth came from Aave, the biggest player in the decentralized finance (DeFi) industry, whose assets in the platform has jumped by 3500% in the last 30 days to $809 million. The other top dApps in the network are Renzo, Etherex, and Euler.

Linea’s airdrop could create a token worth over $1 billion because of its strong growth and market share. For example, Arbitrum, the biggest listed layer-2 network has a market capitalization of over $2.6 billion.

The most likely scenario is where the Linea price jumps sharply after the airdrop as many retail investors buy. It will then pull back as some snipers and insiders sell their tokens.

Keeta (KTA) 

Keeta is another top cryptocurrency to watch this week as its token recovery continues. KTA token rose from a low of $0.7100 on September 2nd to the current $1.02.

Keeta price jumped as investors reacted to its addition to Coinbase’s platform. Analysts expect that other popular exchanges like OKX and Bybit will list it soon.

Most importantly, the founder has hinted that Keeta’s mainnet launch will happen this month, which likely explains why it has been one of the most bought tokens by smart money investors since August this year.

These catalysts may help to propel the Keeta token price much higher in the coming days. If this happens, it will likely jump to the key resistance level at $1.50.

Polkadot (DOT)

Polkadot, one of the top cryptocurrencies to watch this week, has seen its price jump in the past two consecutive days.

The main reason it will be in the spotlight is that the developers hinted of a major launch to be announced today in a now-deleted X post.

It is not clear what the new announcement will be, which explains why the token may be highly volatile after the announcement happens.

This announcement comes as the community members votes on its tokenomics. Most members are supportive of a hard cap that will reduce its supply to 2.1 billion.

Polkadot is also about to implement elastic scaling to its network as part of the Polkadot 2.0 upgrade. After this, the network will move to the JAM upgrade that will replace the relay chain.

The other top cryptocurrencies to watch this week are Pi Network, Ethereum, Solana, and Bitcoin.

Read more: Top crypto tokens to watch this week: Keeta, Linea, MYX Finance

The post Top crypto tokens to watch this week: Keeta, Linea, Polkadot appeared first on Invezz

The Vanguard and SPDR S&P 500 ETFs are hovering near their all-time highs, continuing a bullish trend that started in April following Donald Trump’s Liberation Day speech. This article looks at some of the top catalysts for the VOO and SPY ETFs this week.

Apple iPhone 17 event

The first major catalyst for the SPY and VOO ETFs this week will involve the third-biggest constituent. Apple will launch its iPhone 17 and other products on September 9 as it competes with the likes of Xiaomi and Samsung.

The event comes at a time when Apple has fallen behind other technology companies in the generative AI industry. As such, the company may use the event to showcase some of its AI features. 

Most importantly, the iPhone 17 is expected to have a new design with a new back that differentiates it from the last four phones. It will also launch a new iPhone Air model with an ultrathin body. 

A disappointing Apple event may lead to a stock pullback, which may drag the VOO and SPY ETF.

Top corporate earnings

The other major catalyt for the VOO and SPY ETFs will be corporate earnings from some of the top constituents. The most important one will be Oracle, which will publish its results on Tuesday. 

Oracle’s stock price has been in a strong uptrend that pushed its market capitalization to $653 billion. It has benefited from the ongoing AI investments that have made it one of the biggest players in the industry.

The other notable VOO constituent to watch will be Adobe, another top design company that has lagged behind in the AI industry. Other companies with earnings scheduled this week are Kroger, RH Group, Chewy, Synopsys, Rubrik, and Core & Main.

US inflation data

Meanwhile, the S&P 500 Index will react to the upcoming US consumer inflation data scheduled on Thursday. This report will show the impact of Donald Trump’s tariffs on prices.

Economists expect the data to show that the headline inflation rose to 2.9% in August, while the core figure jumped to 3.2%. If these numbers are accurate, they will confirm that the US economy was in stagflation. 

That’s because they come after a report on Friday showed that the economy created just 22k jobs in August as the unemployment rate continued rising. As suc, analysts expect the Fed to focus on the jobs numbers and decide to cut interest rates.

ECB interest rate decision

The other minor catalyst for the VOO and SPY ETF will come from Europe, where the European Central Bank (ECB) will deliver its interest rate decision. This decision is important as many constituent companies do a lot of business in the region. 

Economists expect the ECB will leave interest rates unchanged in this meeting after it delivered 8 cuts. 

Meanwhile, the ETFs will react to the recent OPEC virtual meeting in which officials decided to increase production in October. They will add 137,000 barrels, continuing a trend that has been going on in the past few months. 

The post Top catalysts for the VOO and SPY ETFs this week appeared first on Invezz

The post Pi Network Scam Wallet Exposed as Community Sounds Alarm appeared first on Coinpedia Fintech News

The Pi Network community is on high alert after a moderator flagged a scam wallet linked to multiple thefts of Pi tokens. The exposure comes at a critical time, as the project prepares for a potential second token migration and doubles down on wallet security with fresh upgrades like PassKeys.

Scam Wallet Exposed

In a recent post on X, a Pi Network moderator identified a wallet reportedly being used to siphon tokens from unsuspecting users. The scammer allegedly takes advantage of account unlocks, then disperses the stolen assets across smaller wallets to cover their tracks.

The discovery has reignited fears about the vulnerability of users in decentralized ecosystems, where scams and phishing attempts continue to plague new adopters. Influencers within the Pi community, including Woody Lightyear, have also stepped in to warn members against falling for fake websites and malicious links.

PassKeys and Safety Center Rollout

To counter such threats, the Pi Core Team has rolled out new safety measures inside the Pi app. At the center of this update is the PassKey feature, which allows users to secure wallets with device-level authentication like biometrics and PIN codes. By cutting out password-based vulnerabilities, PassKeys are designed to make phishing far less effective.

The team has also been pushing the Pi Safety Center as the go-to resource for users. It provides verified communication, practical steps for protecting assets, and a way to report suspicious activities, a crucial frontline defense as scammers get more sophisticated.

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  • Also Read :
  •   Pi Network News: First DeFi Game Goes Live On Pi, Is A Rally Coming?
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Second Migration on the Horizon

These security moves are especially important as Pi prepares for a possible second token migration. The first migration left unresolved issues such as referral bonuses and unverified balances. A new round of migration, according to moderators, could help clean up those loose ends while encouraging more Pioneers to stay engaged with the ecosystem.

Although migration talk has stirred anticipation, the Pi token itself has barely budged in price. It’s currently trading around $0.3468, with only a modest 1% gain in the past day. Analysts had expected a sharper move after Pi was listed on Onramp Money, but so far, the altcoin remains locked in a tight trading range.

A Test of Trust

In the meantime, Pi Network has reached 60 million active users, but only 16 million wallets have migrated so far, leaving about 44 million stuck in tentative status. While new users now enjoy faster KYC without the 30-day wait, frustrations are mounting as the three-year lockup doesn’t begin until migration. Many fear that at the current pace, it could take up to a decade before all Pioneers see their Pi tokens fully unlocked and usable.

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FAQs

What is the Pi Network scam wallet alert?

A Pi moderator exposed a wallet stealing tokens via account unlocks, dispersing stolen Pi across smaller wallets to evade detection.

Is Pi Network planning a second token migration?

Yes, a second migration may address unresolved issues like referral bonuses and unverified balances from the first migration.

How many Pi users have migrated their tokens so far?

Only 16M of 60M active users have migrated, leaving 44M tokens locked until migration completes, causing user frustration.

The post Trump’s Crypto Policies Just Changed Everything, Says Binance CEO appeared first on Coinpedia Fintech News

Binance CEO Richard Teng has hailed the Trump administration’s digital asset policies, calling them a “game-changer” for the crypto industry. Speaking at the 2025 Binance Blockchain Study (BBS) in Seoul, Teng highlighted how favorable U.S. policies, stablecoin adoption, and global partnerships are shaping the next phase of growth.

Trump Policies Seen as a Turning Point

Teng drew a sharp contrast between the Biden and Trump eras. “While the Biden era was marked by skepticism and regulatory pushback, the Trump administration has opened the door for crypto to flourish,” he said.

He pointed to key milestones such as the Genius Act and the approval of spot crypto ETFs. “Binance can be seen as a beneficiary of these changes,” Teng noted, adding that U.S. companies are now adopting digital assets on their balance sheets.

He described 2025 as a “pivotal year where institutional adoption and regulatory clarity are moving in sync.”

Stablecoins as the Future of Finance

Teng placed stablecoins at the heart of financial innovation. “Only 20% of the world’s population has smooth access to financial services,” he explained. “The other 80% struggle with remittances, and stablecoins can change that.”

He stressed that stablecoins aren’t just about speed or efficiency—they’re about financial inclusion. “Traditional institutions are starting to recognize their potential,” he said, “and that opens the door for greater adoption worldwide.”

Korea’s Role in the Global Race

Teng also praised South Korea’s growing importance in the crypto ecosystem. With one of the world’s highest crypto adoption rates, Korea is becoming a key player.

He revealed that Binance is exploring partnerships with the Korean government, including a possible won-backed stablecoin. “Such a move could put Korea at the forefront of the global stablecoin race,” he said.

Looking forward, Teng expressed confidence in the market’s direction. He suggested a possible U.S. interest rate cut in September could further boost prices.

“Crypto is no longer on the sidelines,” Teng concluded. “It is becoming part of the financial system itself.”

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Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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FAQs

What marks 2025 as pivotal for crypto?

2025 combines regulatory clarity (e.g., U.S. pro-crypto shifts) with accelerating institutional adoption, integrating crypto into mainstream finance.

How might U.S. interest rates affect crypto?

Teng suggested a potential September rate cut could further boost crypto prices by increasing liquidity and investor risk appetite.