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Cyprus Joins the Global Space Age: Signing the Artemis Accords for Peaceful Space Exploration

In a bold leap toward the future, Cyprus has officially joined the Artemis Accords, marking a significant milestone in the nation’s journey into space exploration. Deputy Minister of Research, Innovation, and Digital Policy, Dr. Nicodemos Damianou, signed the historic agreement at the Presidential Palace, connecting live with NASA in the United States.

The Artemis Accords, which have been endorsed by over 40 nations, set a framework for the peaceful and cooperative exploration of outer space. These principles align with global efforts to ensure that space activities, from scientific research to resource utilization, benefit all humanity. Cyprus, a growing player in technological innovation, has now firmly placed itself among the countries dedicated to this vision.

Dr. Damianou emphasized the importance of this moment, noting that Cyprus is taking concrete steps to expand its focus on satellite communications and earth observation technologies. He also stressed the necessity of international cooperation, recognizing that space exploration must transcend borders and disciplines. Cyprus sees space as a new frontier for economic diversification and future value creation, with the potential to inspire future generations.

This signing also cements the relationship between Cyprus and the United States in the field of science and technology. James O’Brien, U.S. Assistant Minister of Foreign Affairs, celebrated the first strategic dialogue between the two nations, underscoring the shared commitment to education and scientific advancement in space. NASA’s associate administrator Jim Free called it a “golden age of space,” highlighting how these partnerships will help break barriers and preserve the space environment for future generations.

For Cyprus, this step into the space sector not only strengthens its ties with international partners but also positions the country as a key player in the rapidly growing Mediterranean space hub. As the world looks to the stars, Cyprus has signaled its commitment to being part of the next great chapter in human exploration.

By joining the Artemis Accords, Cyprus is not just participating in a space mission—it is taking a visionary step towards future prosperity, aligning with the global effort to unlock the vast possibilities of space for the benefit of all.

Bitcoin Surges 23% In A Week As Investor Optimism Returns

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.

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