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EU Increases Investment in Deep Tech to Compete with Global Tech Leaders

by THEFUTURE.TEAM

In a strategic move to stay competitive in the global tech landscape, the European Union (EU) is set to invest €1.4 billion ($1.5 billion) in deep tech research in 2025. This significant funding boost will come from the European Innovation Council (EIC) as part of Horizon Europe, the EU’s flagship research and innovation program. 

This marks a notable increase of €200 million compared to the previous year’s budget, underlining the EU’s commitment to strengthening its tech capabilities. With this investment, European policymakers aim to narrow the gap with technological heavyweights like the United States and China. 

The deep tech sector, which encompasses advanced fields like artificial intelligence (AI), quantum computing, and biotechnology, has been identified as essential for Europe’s economic revitalization. “The European Innovation Council has emerged as a game-changer in EU support to breakthrough innovation,” stated EU Commissioner Iliana Ivanova. She highlighted the council’s expanded role in channelling resources toward pioneering advancements in technology that could shape the future of Europe’s economy.

As the global tech race accelerates, the EU’s increased funding for deep tech initiatives reflects its resolve to position Europe as a leading hub for innovation and technological progress.

Bitcoin Surges 23% In A Week As Investor Optimism Returns

by News Editor

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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