ECB's Rehn on Inflation, Euro Exchange Rate, US Tariffs
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Associated Press
an hour ago
- Associated Press
Bitcoin Solaris Enters Final Phase of Presale Ahead of Mobile Mining App Launch
TALLINN, Estonia, July 06, 2025 (GLOBE NEWSWIRE) -- When you hear 'Bitcoin 2.0,' your first instinct might be to roll your eyes and think, 'Here we go again.' But once you dig past the noise, Bitcoin Solaris (BTC-S) emerges with something most imitators lack: a powerful technical backbone, a wealth-building strategy for the everyday user, and a clear roadmap to actual utility. As altcoin chatter and speculative memecoins begin to fade, the spotlight is shifting toward something with more meat on the bone. That something is Bitcoin Solaris. The Next Generation of Wealth Creation What's fueling the hype around Bitcoin Solaris is more than a name. This project is designed from the ground up to empower individuals to build real financial momentum. Instead of betting on token prices alone, BTC-S is offering an ecosystem where users can earn, transact, and contribute meaningfully. Its mobile-first mining solution is already getting crypto circles buzzing. Through the exciting release of the upcoming Solaris Nova app, users will be able to mine BTC-S directly from their smartphones, bringing decentralized rewards into the palms of over 6 billion mobile users worldwide. Whether you're in a coffee shop or on a bus, your device could be earning for you. But mining is only part of the equation. Bitcoin Solaris doesn't just reward presence, it rewards performance. The rewards distribution system accounts for: This isn't just mining, it's intelligent participation. The kind that turns casual users into long-term holders. The Tech That Powers the Surge Let's talk power. Bitcoin Solaris runs on a unique hybrid consensus model that combines Proof-of-Work (PoW) with Delegated Proof-of-Stake (DPoS), operating across a dual-layer architecture. It's a bit like driving a racecar and piloting a drone at the same time. In short, this thing flies. And it does so without sacrificing decentralization or security. It even implements zero-knowledge proofs for added privacy, and a multi-layered defense against both 51% and long-range attacks. It's no surprise then that many crypto veterans are calling it one of the most technically complete projects of the year. Audited and Backed by the Community Bitcoin Solaris has passed two comprehensive smart contract audits. The first by Cyberscope and the second by Freshcoins, both of which confirmed the strength and integrity of BTC-S's core codebase. Community conversations on Telegram and X continue to grow daily. With over 13,650 unique users already onboarded and more pouring in, this is no quiet presale. Crypto Show recently released a detailed review covering why so many enthusiasts are paying attention. From mobile mining to on-chain scalability, the breakdown highlights just how massive the upside potential really is. Presale Momentum Builds Toward a $20 Launch We're now entering the final sprint. Bitcoin Solaris is in the last few hours of Phase 10 of its limited 90-day presale. Here's what you need to know: This is shaping up to be one of the fastest-growing and most explosive presales of 2025. With only around 4 weeks left, the clock is ticking. Investors are eyeing a 150% return right at launch, with many seeing this as a chance to ride the next big Bitcoin-like wave. This Is the Mobile-First Wealth Engine Crypto Promised You To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for seamless token delivery. Real-World Utility Across Every Sector BTC-S isn't just fast, it's functional. The ecosystem supports a wide range of smart contract applications written in Rust and built initially using Solana's programming tools. These include: And that's only scratching the surface. The infrastructure is built to scale across industries, use cases, and devices without bottlenecks. If you're curious about mining potential, check the estimated earnings through the Bitcoin Solaris mining calculator. Final Verdict Bitcoin Solaris is designed to deliver a scalable, accessible, and rewarding blockchain experience for real users. With strong technical foundations and a focus on usability, it offers a comprehensive solution for long-term participation and growth. As the presale enters its final phases, early supporters have a unique opportunity to join a rapidly growing ecosystem before launch. The momentum is building—and this could be a defining moment for those seeking meaningful involvement in the next wave of blockchain innovation. For more information on Bitcoin Solaris: Media Contact: Xander Levine [email protected] Press Kit: Available upon request Disclaimer:This content is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at:
Washington Post
an hour ago
- Washington Post
US tariffs on European goods threaten to shake up the world's largest 2-way trade relationship
FRANKFURT, Germany — America's largest trade partner , the European Union, is among the entities awaiting word Monday on whether U.S. President Donald Trump will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.
Yahoo
an hour ago
- Yahoo
US tariffs on European goods threaten to shake up the world's largest 2-way trade relationship
FRANKFURT, Germany (AP) — America's largest trade partner, the European Union, is among the entities awaiting word Monday on whether U.S. President Donald Trump will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic. Trump imposed a 20% import tax on all EU-made products in early April as part of a set of tariffs targeting countries with which the United States has a trade imbalance. Hours after the nation-specific duties took effect, he put them on hold until July 9 at a standard rate of 10% to quiet financial markets and allow time for negotiations. Expressing displeasure the EU's stance in trade talks, however, the president said he would jack up the tariff rate for European exports to 50%. A rate that high could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals much more expensive in the U.S. The EU, whose 27 member nations operate as a single economic bloc, said its leaders hoped to strike a deal with the Trump administration. Without one, the EU said it was prepared to retaliate with tariffs on hundreds of American products, ranging from beef and auto parts to beer and Boeing airplanes. Here are important things to know about trade between the United States and the European Union. US-EU trade is enormous A lot of money is at stake in the trade talks. The EU's executive commission describes the trade between the U.S. and the EU as "the most important commercial relationship in the world.' The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat. The biggest U.S. export to Europe is crude oil, followed by pharmaceuticals, aircraft, automobiles, and medical and diagnostic equipment. Europe's biggest exports to the U.S. are pharmaceuticals, cars, aircraft, chemicals, medical instruments, and wine and spirits. EU sells more to the US than vice versa Trump has complained about the EU's 198 billion-euro ($233 billion) trade surplus in goods, which shows Americans buy more stuff from European businesses than the other way around. However, American companies fill some of the gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. The U.S. services surplus took the nation's trade deficit with the EU down to 50 billion euros ($59 billion), which represents less than 3% of overall U.S.-EU trade. What are the issues dividing the two sides? Before Trump returned to office, the U.S. and the EU maintained a generally cooperative trade relationship and low tariff levels on both sides. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products. But the White House has taken a much less friendly posture toward the longstanding U.S. ally since February. Along with the fluctuating tariff rate on European goods Trump has floated, the EU has been subject to his administration's 50% tariff on steel and aluminum and a 25% tax on imported automobiles and parts. Trump administration officials have raised a slew of issues they want to see addressed, including agricultural barriers such as EU health regulations that include bans on chlorine-washed chicken and hormone-treated beef. Trump has also criticized Europe's value-added taxes, which EU countries levy at the point of sale this year at rates of 17% to 27%. But many economists see VAT as trade-neutral since they apply to domestic goods and services as well as imported ones. Because national governments set the taxes through legislation, the EU has said they aren't on the table during trade negotiations. 'On the thorny issues of regulations, consumer standards and taxes, the EU and its member states cannot give much ground,' Holger Schmieding, chief economist at Germany's Berenberg bank, said. 'They cannot change the way they run the EU's vast internal market according to U.S. demands, which are often rooted in a faulty understanding of how the EU works.' What are potential impacts of higher tariffs? Economists and companies say higher tariffs will mean higher prices for U.S. consumers on imported goods. Importers must decide how much of the extra tax costs to absorb through lower profits and how much to pass on to customers. Mercedes-Benz dealers in the US. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. Simon Hunt, CEO of Italian wine and spirits producer Campari Group, told investment analysts that prices could increase for some products or stay the same depending what rival companies do. If competitors raise prices, the company might decide to hold its prices on Skyy vodka or Aperol aperitif to gain market share, Hunt said. Trump has argued that making it more difficult for foreign companies to sell in the U.S. is a way to stimulate a revival of American manufacturing. Many companies have dismissed the idea or said it would take years to yield positive economic benefits. However, some corporations have proved willing to shift some production stateside. France-based luxury group LVMH, whose brands include Tiffany & Co., Luis Vuitton, Christian Dior and Moet & Chandon, could move some production to the United States, billionaire CEO Bernaud Arnault said at the company's annual meeting in April. Arnault, who attended Trump's inauguration, has urged Europe to reach a deal based on reciprocal concessions. 'If we end up with high tariffs, ... we will be forced to increase our U.S.-based production to avoid tariffs,' Arnault said. 'And if Europe fails to negotiate intelligently, that will be the consequence for many companies. ... It will be the fault of Brussels, if it comes to that.' Many expect Trump to drop his most drastic demands Some forecasts indicate the U.S. economy would be more at risk if the negotiations fail. Without a deal, the EU would lose 0.3% of its gross domestic product and U.S. GDP would fall 0.7%, if Trump slaps imported goods from Europe with tariffs of 10% to 25%, according to a research review by Bruegel, a think tank in Brussels. Given the complexity of some of the issues, the two sides may arrive only at a framework deal before Wednesday's deadline. That would likely leave a 10% base tariff, as well as the auto, steel and aluminum tariffs in place until details of a formal trade agreement are ironed out. The most likely outcome of the trade talks is that 'the U.S. will agree to deals in which it takes back its worst threats of 'retaliatory' tariffs well beyond 10%,' Schmieding said. 'However, the road to get there could be rocky.' The U.S. offering exemptions for some goods might smooth the path to a deal. The EU could offer to ease some regulations that the White House views as trade barriers. 'While Trump might be able to sell such an outcome as a 'win' for him, the ultimate victims of his protectionism would, of course, be mostly the U.S. consumers,' Schmieding said. David Mchugh, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
