European Parliament Approves Nearly €200 Billion Budget For 2025

by THEFUTURE.TEAM

November 28, 2024

The European Parliament has officially approved the European Union’s 2025 budget, amounting to an impressive €199.4 billion. The budget reflects a 6% increase compared to 2024, showcasing the EU’s commitment to addressing key challenges and investing in its future.

Focused Investments

The budget prioritises programmes designed to enhance citizens’ quality of life, foster competitiveness, and address pressing challenges. Over €230 million has been added to key initiatives, including:

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“Erasmus+” Programme: An additional €422 million will support education, training, youth, and sports across the EU.
“Horizon Europe” Programme: A €20 million boost for scientific research and innovation.

Support for Strategic Goals and Crisis Management

Funding is allocated to Ukraine aid and critical technology investments through the Strategic Technology Platform for Europe (STEP).
Financial provisions for Next Generation EU interest payments are included.
Additional resources are set aside for natural disaster emergency aid and humanitarian crises, both within and beyond EU borders.

This ambitious budget underscores the EU’s strategic focus on fostering innovation, supporting education, and responding to global and regional challenges. By securing substantial funding increases across critical programmes, the EU aims to ensure sustainable growth and resilience in the face of uncertainty.

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Bitcoin Surges 23% In A Week As Investor Optimism Returns

by News Editor

August 21, 2026

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%.

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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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