Couldn't agree more Web3 truly breaks down borders and connects us all. ๐ That's the power of decentralization right there. #Binance #Web3Revolution
โWhen Bitcoin leads, altcoins follow. The key? Donโt chase pumps โ position early.โ
๐ BTC and ETH are on the move. Whatโs next?
- After Bitcoin and Ethereum rally, mid-cap coins like $MATIC, $AR, $OP, and $INJ often start to gain momentum. - Then, low-cap gems tend to rally last โ and sometimes see the biggest percentage gains.
๐ช Coins Iโm watching: โ $IMX, $ARB, $PYTH, $JUP, $CRV (Donโt overlook projects with strong narratives and solid teams.)
๐ Strategy Tip: Avoid panic buying when prices are surging. Instead, keep an eye on trading volume, RSI, and key resistance levels. Patience beats hype every time.
๐ฏ Stay early. Stay sharp. Real wealth is built on conviction, not just excitement.
๐จ What is Lagrange (LA)? Hereโs why itโs a big deal in crypto dev right now๐
Not every computation needs to clog the blockchain. Lagrange helps developers run heavy calculations *off-chain* โ then prove theyโre correct *on-chain* using zero-knowledge proofs (ZKP). โ Itโs cheaper, scalable, and way more secure.
๐ง Key Features (in simple words): โข **ZK Prover Network** โ Handles the heavy lifting math off-chain โข **ZK Coprocessor** โ Like a blockchain search engine that proves data is real โข **DeepProve (zkML)** โ Proves AI models work without exposing private data
๐ก Why it matters: Lagrange helps with things like: โข Verifying DAO votes across chains โข Running AI predictions *without exposing sensitive info* โข Rollups proving data faster without building custom infrastructure
๐ช The LA Token powers it all: โข Pay for proof jobs โข Reward honest provers โข Stake to secure the network โ Binance just listed LA after their **HODLer Airdrop** ๐
โก Final thought: Lagrange is doing for devs what AI did for content creators โ giving them tools to work faster, safer, smarter. And now itโs live on Binance. Are you watching it?
Lagrange is a decentralized infrastructure platform made up of three main parts: a ZK Prover Network, ZK Coprocessor and zkML library, and DeepProve.
The project helps developers outsource heavy computations and prove the results are valid using zero-knowledge proofs (ZKP).
Developers can use it to verify historical data, run off-chain logic, and move trusted information across blockchain networks.
Introduction
Letโs say you are trying to figure out the average price of ether (ETH) across several blockchain networks. Itโs not an easy task if you are trying to avoid using oracles or paying high transaction fees to access historical data.ย
Lagrange makes the process easier by moving the heavy computation off-chain, generating zero-knowledge proofs (ZKP) and verifying the results on-chain. This way, you can move, compute, and prove data across different blockchains more securely and efficiently.
What Is Lagrange?
Lagrange is a crypto infrastructure project that features three key products: a zero-knowledge (ZK) Prover Network, ZK Coprocessor and zkML library, and DeepProve.
ZK Prover Network
Lagrangeโs Prover Network is a decentralized network of operators that is able to generate ZKP on demand. If a decentralized application (DApp) needs to prove that a result was computed correctly, it simply sends a request to Lagrange.ย
The Prover Network does the complex math off-chain and returns a compact proof that smart contracts can verify. There is no need for the DApp to rerun the computation on-chain or rely on a third party for validation.ย
Unlike traditional setups that rely on a single coordinator (which can become a bottleneck), Lagrange splits its network into independent subnetworks. That means multiple blockchains, rollups, or apps can use it all at once and the network can scale with demand.
The ZK Coprocessor
Lagrangeโs ZK Compressor is designed to work like a trustless query engine for blockchain data. Developers can write SQL queries to pull data from smart contract storage across thousands of blocks, run calculations like averages or sums, and get a ZKP. This proof can then be plugged directly into a smart contract and verified.
This feature works across blockchain networks, so you can query data from Layer 2s like Base and verify the result on Ethereum without needing a bridge. Developers now have another option for querying blockchain data besides building their own blockchain indexers, writing complex custom logic, or relying on centralized APIs.
zkML DeepProveย
DeepProve is Lagrangeโs zkML system that lets developers prove their Artificial Intelligence (AI) models are running correctly without revealing the model or its inputs. It works by generating ZKP for machine learning inferences, so anyone can verify that a prediction came from the right model and has not been tampered with. This gives you more confidence and trust in the AI response as it is backed by cryptographic proofs.
How Does Lagrange Work?
Prover Network
Lagrangeโs Prover Network runs on EigenLayer and is backed by more than 85 institutional-grade Autonomous Verifiable Services (AVS) operators. These operators run a lightweight program called a worker binary that listens for incoming tasks. When a developer needs a proof, the network picks up the job and the assigned operators run the computation off-chain before returning a ZKP.ย
There is a strong incentive for prover operators to stay reliable. If they do not complete their assigned jobs correctly or on time, they risk getting slashed, meaning they lose part of their staked funds. The Prover Network is designed to be flexible, with support for proof systems like Plonky2, Plonky3, and potentially other systems in the future, depending on their needs.
DARA (Double Auction Resource Allocation)
DARA is Lagrangeโs resource allocation system that powers the Prover Network behind the scenes. The system matches developers who need computation with operators who provide it. Hereโs how it works in practice:
If you're a developer, you define how much computation you need and how much you're willing to pay.
If you're an operator, you share how much capacity you can offer and your cost.
DARA automatically matches both sides, ensuring that developers donโt overpay and operators are rewarded fairly.
The system is designed to be efficient and fair: you only pay if your entire job can be completed. If the network canโt fully process your request, it wonโt go through. By encouraging truthful bidding and eliminating partial or manipulated results, DARA helps ensure the marketplace runs smoothly.
Potential Use Cases
Cross-chain governance: Use Lagrangeโs services to generate proofs of events across multiple blockchains. If a DAO vote takes place on Scroll, you can generate a proof and verify that result directly on Ethereum without needing a bridge.
Rollup infrastructure: Rollups can plug into Lagrange to outsource generating ZK or fraud proofs instead of building their own proving infrastructure.
Healthcare: AI models can be trained on sensitive patient data and can make predictions and prove correctness without revealing any personal health information. This enables privacy-preserving diagnostics and medical tools.
Finance and compliance: Financial institutions can verify that AI models meet regulatory requirements while keeping proprietary algorithms and data confidential.ย
Lagrange Foundation and Labs
The Lagrange Foundation is a new, independent organization focused on growing the Lagrange ecosystem. It manages the day-to-day operations of the Prover Network and supports builders with resources like technical guidance, marketing, and ecosystem partnerships. On the other hand, Lagrange Labs will focus on research and development in areas like ZK proof generation and verifiable AI. The technologies developed by Labs will be integrated into the Prover Network over time, helping to support real-world use cases and long-term ecosystem growth.
LA Token
The LA token is the native utility token of the Lagrange ecosystem. The token is used for a variety of purposes, including:
Proof generation: You can use the token to submit ZK proof requests on the Lagrange network. The cost depends on how much computation your task requires.
Reward system for provers: Operators who generate or aggregate ZK proofs are paid in the token, no matter what currency the request came in. This helps align provers with the long-term success of the network.
Staking and delegation: Token holders can stake or delegate the token to specific provers. This helps reduce proving costs for selected operators and gives the community a say in distributing the rewards.
Securing the network: Provers must meet performance standards or risk losing part of their staked tokens. Delegators earn rewards based on how well their chosen provers do. Everyone has a shared interest in keeping the network trustworthy and running smoothly.
Lagrange (LA) on Binance HODLer Airdrops
On July 9, 2025, Binance announced LA as the 26th project on the Binance HODLer Airdrops. Users who subscribed their BNB to Simple Earn and/or On-Chain Yields products from June 22 to 25 were eligible to receive LA airdrops. A total of 15 million LA tokens were allocated to the program, accounting for 1.5% of the total token supply.
LA was listed with the Seed Tag applied, allowing for trading against the USDT, USDC, BNB, FDUSD, and TRY pairs.
Closing Thoughts
Lagrange offers a practical solution for developers and protocols that need scalable, verifiable off-chain computation. By combining a decentralized prover network, an efficient resource allocation system, and a developer-friendly coprocessor, Lagrange makes proving data and computation easier, faster, and more accessible.
Further Reading
What Is Liquid Staking?
Improving Crypto Transparency With Zero-Knowledge Proof
What Are Zk-Rollups? The Layer-2 Scalability Technique
Disclaimer: This content is presented to you on an โas isโ basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
#ArbitrageTradingStrategy Arbitrage isnโt luck โ itโs precision. ๐ผ $SOL flips like this are all about timing, fees, and sharp execution. Small gaps, big plays. ๐ง ๐ฅ
Bespoke_Crypto
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#ArbitrageTradingStrategy
Buy $SOL cheap on Exchange A, flip it higher on Exchange B.
Itโs not magicโitโs market gaps. Fees, speed, and timing matter big here.
Sui isnโt just talking โ theyโre building. This upgrade proves theyโre serious about performance, security, and real-world usability. ๐โก
Congestion control + stolen funds recovery? Thatโs next-level utility. If $SUI clears $3.55, this could be a turning point. I'm watching closely โ this might age well. ๐๐
MA Multimedia-7658b
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$SUI The latest Sui mainnet upgrade introduces performance enhancements, congestion control improvements, and a stolen funds recovery feature, alongside enhanced proof parsing logic for faster transaction verification. This upgrade aims to improve the network's robustness and user experience, with security-focused features being a major highlight. Following the upgrade, the SUI token has shown signs of consolidation, with potential for price recovery if it surpasses the $3.55 resistance level. Key aspects of the Sui update: Performance and Congestion Control: The upgrade includes optimizations to improve network performance and manage congestion more effectively.
Mastering Crypto Futures on Binance: A Beginner's Guide
1. What is Binance Futures?
Binance Futures is a platform where you can trade crypto derivativesโspecifically, futures contracts. These contracts allow you to speculate on the price movement of cryptocurrencies without actually owning the underlying asset. You can profit from both rising (going long) and falling (going short) markets.
2. How Does It Work?
You select a futures contract (for example, BTCUSDT).
You can use leverage, which means you can control a larger position with a smaller amount of capital. This increases both potential profits and risks.
You open a position by choosing to buy (long) if you think the price will go up, or sell (short) if you think the price will go down.
Your profit or loss is determined by the difference between your entry and exit prices, multiplied by your position size and leverage.
3. Key Features and Benefits
Capital Efficiency: You donโt need to put up the full value of your position, making it possible to achieve higher returns with less capital.
Speculation: You can profit from both upward and downward price movements.
Risk Management: Binance Futures offers tools like stop-loss and take-profit orders to help manage your risk.
Competitive Events: Binance also hosts Futures Tournaments, where traders compete for rewards based on their trading performance.
If you want to know more about specific features or how to get started, let me know. #FutureTarding #Write2Earn
Binance futures Trading: A Beginner's Step-by-Step Guide
1. Key Concepts in Crypto Trading
Spot Trading: This is the most basic form of trading where you buy and sell cryptocurrencies at current market prices.
Futures Trading:ย This involves trading contracts that represent the value of a cryptocurrency. You can speculate on whether the price will go up (long) or down (short) without owning the actual asset.
Leverage:ย Futures trading allows you to use leverage, meaning you can control a larger position with a smaller amount of capital. However, leverage increases both potential profits and risks.
Margin: The collateral you need to open and maintain a leveraged position.
Liquidation: If the market moves against your position and your margin is insufficient, your position may be automatically closed to prevent further losses.
2. How to Get Started with Futures Trading on Binance
Open a Binance Account: Register and complete identity verification.
Access Binance Futures: Navigate to the Binance Futures platform from your account dashboard.
Deposit Funds: Transfer USDT or other supported assets to your Futures wallet.
Choose a Contract: Select from various crypto futures contracts (e.g., BTCUSDT, ETHUSDT).
Set Leverage: Decide how much leverage you want to use. Start with low leverage as a beginner.
Open a Position: Choose to go long (buy) if you think the price will rise, or short (sell) if you think it will fall.
Monitor and Manage: Use stop-loss and take-profit orders to manage your risk and lock in profits.
3. Important Tips for Risk Management
Start Small: Begin with small amounts and low leverage to minimize risk while you learn.
Use Stop-Loss Orders: Always set stop-losses to limit potential losses if the market moves against you.
Diversify: Donโt put all your funds into a single trade or asset.
Continuous Learning: Use resources like the Binance Lead Trader Chat Room to learn from experienced traders and stay updated.
Consider Copy Trading: If youโre new, you can use Binanceโs Copy Trading feature to follow and replicate the trades of experienced traders.
Trading Bots:ย Explore trading bots to automate your strategies, but understand the risks and parameters before using them.
๐ง Ever heard of the Great Depression? It wasnโt just a stock market crash โ it was a global disaster that changed how the world views money, jobs, and government.
It all started in 1929 with a major crash on Wall Street. Banks failed, people lost their savings, jobs disappeared, and poverty hit hard. The crisis spread worldwide, leading to broken economies, political tension, and extreme suffering.
๐ But something powerful happened โ governments stepped in. From the U.S. New Deal to World War II efforts, recovery began through bold action, job creation, and long-term reforms like social security and financial regulations.
๐ฅ I learned this from Binance Academy, and it reminded me why learning history matters โ it shapes how we survive and thrive today.
Locked in. Watching that \$3.00 line like a hawk โ next 2 days could set the tone for the whole XRP story. Letโs see if it delivers. ๐ #XRP #BinanceSquare #Write2Earn #wct
Ing Ahmad K S
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๐จ Attention XRP Holders โ The Next 47 Hours Could Be a Game-Changer โ ๏ธ If youโre holding $XRP, pause your scroll. Whatโs unfolding now might be the biggest window of opportunity since the 2017 bull run โ and the clock is ticking. โณ
$XRP 2.9160 -1.38%
๐ฅ Whatโs the Hype About? XRP is hovering just below the critical $3.00 mark โ a major resistance level. A clean breakout here, and we could be looking at a fast move to $3.38โฆ maybe even $5.00.
Hereโs why this isnโt just another hype cycle โ itโs different this time:
โ The Fuel Behind the Move:
๐ข Legal clarity โ The SEC cloud is lifting, clearing the way for real progress.
๐ Adoption in the wild โ XRP is already facilitating global transactions.
๐ฆ Institutional interest โ Major banks are circling, watching closely.
๐ Whale accumulation โ Smart money is quietly loading up. Thatโs a signal.
๐ซ The Worst Move?
Sitting still. If XRP smashes past $3.00 and youโre not ready, you could miss not just a pump โ but the start of a powerful long-term rally.
๐ง What to Keep an Eye on Over the Next 47 Hours:
๐ฐ Potential Catalysts: ๐ค Ripple announcing major new partnerships ๐ Central banks adopting XRPโs underlying tech ๐๏ธ Global regulatory shifts in crypto policy
๐ On-Chain Signals: ๐ณ Whale wallets steadily increasing ๐ Supply dropping on exchanges ๐ Volume surges hinting at serious momentum
๐ญ Final Thoughts: XRP is no longer just a speculative play. Itโs maturing into the backbone of future finance. If you see the long-term vision โ now is not the time to blink. These next 47 hours could shape the next several months of market action.
Letโs ride this wave. ๐ค Share with your XRP crew. ๐ Repost if youโre ready.
From a humble beginning to a global movement, Pi Network is proving the power of community and the future of Web3! ๐
๐ This growth chart inspires millions. Could $5 per Pi be real by 2025?
๐ฅ With a decentralized ecosystem growing every day, Pioneers around the world are building something big.
๐ฌ Do you believe?
1๏ธโฃ Yes! Pi will hit $5 in 2025 2๏ธโฃ It has potential, but needs more time 3๏ธโฃ Not likely โ still too early #BTCWhaleTracker #CPIWatch #pi #PiNetwork #Write2Earn $DOGE $SHIB $PEPE
Big move โ the moment banks hold your crypto keys, weโre officially bridging TradFi & DeFi. This custody green light could be massive for institutions who always said โno trusted storage, too risky.โ Itโs bullish, but donโt forget: tight rules mean big banks call the shots โ keys, audits, KYC, all of it. Iโm watching how this shapes $BTC flow โ more cold storage, more big wallets, less exchange dump? #CryptoWeek
Crypto Ahmet
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๐ฑ๐ฅBombshell announcement from the Fed: Crypto Approval for Banks Officially Approved!๐บ๐ธ๐คฏ
"Crypto Week" has begun in full swing, and the first bombshell came from the US financial tracking giants. Following the US House of Representatives' declaration of "Crypto Week" for the week of July 14-18, the #US Federal Reserve (#Fed ), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) issued a historic joint statement regarding cryptocurrencies, directly affecting banks. According to the statement, banks can now offer cryptocurrency custody services, but they must comply with strict regulations. ๐งพ Summary of the Statement: Banks Have Authority, But Not Unlimited The statements were clearly stated: ๐ No new regulations have been established. ๐ Banks may provide crypto custody services subject to compliance with existing legal regulations and risk management principles. ๐ In particular, the security of crypto keys, protection against cyber threats, and the integrity of customer assets will be the primary responsibilities of banks. ๐ Cryptographic Keys and Liability Banks are required to maintain the highest level of private key usage when storing digital assets. โ ๏ธ They will be held directly responsible in the event of key loss, unauthorized access, or cyberattacks. ๐ก๏ธ Cybersecurity and Requirement of Expert Staff Storing digital storage is not only a physical infrastructure but also a critical cyber defense system. Banks are required to pay special attention to the following: โ๏ธ Development of technological infrastructure โ๏ธ Development of cybersecurity protocols โ๏ธ Existing staff specialized in the crypto space โ๏ธ Strict control of key management and encryption protocols ๐ฆ Use of Sub-Custody is Free, but Risky Banks are permitted to transfer cryptocurrency custodianships to external entities (sub-custodians). However: A risk assessment is required to summarize this information. The parent bank will still be responsible for the activities of sub-custody operations. โ๏ธ AML, CFT, and OFAC Compliance Required Regarding companies providing crypto custody services: Anti-Money Laundering (AML) Combating the Financing of Terrorism (CFT) Office of Foreign Assets Control (OFAC) โฆthose who failed to comply with regulations were brought to justice. It was also reported that the customer agreement should be clear and detailed, and the roles and responsibilities between the user and the bank should be clearly stated. ๐ Internal Audit and External Auditor Requirement The final section of the statement addressed the development of internal audit mechanisms for operations. It recommended collaborating with independent auditing institutions when necessary. The goal is to ensure the safe protection of customer assets and prevent potential legal violations. ๐ What the Industry Says Initial reactions from the crypto industry have been quite positive. This statement is being considered a signal that the US has officially launched the process of integrating cryptocurrencies into the financial system. Many experts predict that this step will pave the way for large institutional investments to enter the crypto markets and mobilize traditional capital, which has been held back by the lack of "trusted custody." ๐ง Conclusion: Crypto Is Now Official "Crypto Week" has reached a historic level with the comprehensive announcement of the first large central bank, insurance institution, and regulatory body. The designation of US banks as "crypto custodians" is the strongest indicator of a potential status within the digital financial system by 2025. ๐ This step will both increase the confidence of crypto investors and attract greater capital into the space. Now, not only private exchanges but also licensed ones will be holding crypto. #USCryptoWeek #BTC120kVs125kToday #StrategyBTCPurchase
Good eye โ that $0.22โ$0.23 zone is definitely the line in the sand. If it flips that level with volume, weโre talking new highs + price discovery mode. But that RSI warning is real โ a pullback to $0.18โ$0.19 would actually strengthen the next leg up. Watching for traps, watching the breakout retest โ classic setup. #HAEDAL #Write2Earn #wct
CryptorInsight
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Bullish
$HAEDAL is clearly eyeing its previous high. A decisive break above the immediate resistance around the current price ($0.2011) could quickly lead it to test the $0.22 - $0.23 ๐ฏ range, which represents its historical peak. If it clears that, $HAEDAL could enter price discovery, with the next psychological targets at $0.25 and beyond.
Possible Corrections: After such a rapid ascent and with the RSI in overbought territory, a healthy consolidation or minor correction is possible. Strong immediate support could be found around the $0.18 - $0.19 level, which aligns with recent breakout points and where the MA(7) is rapidly ascending.
Facts ๐ฅ โ breakouts are the easiest to spot, hardest to trade right. That โquietโ phase is where most people tap out โ but thatโs the clue. Watching volume + structure together makes all the difference. Liquidity grabs, fake-outs, then the real move โ the market always tests your patience first. Good breakdown. Stay sharp, traders. #PriceAction #BreakoutMindset #Write2Earn #wct
The Crypto Hacker
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As a price action trader, one of the biggest lessons Iโve learned over the years is this:
When the market goes quiet, itโs usually preparing for something big.
Breakouts donโt always come out of nowhere. They often emerge after an accumulation or consolidation phase โ when price moves sideways, volume dries up, and most retail traders start losing patience.
But thatโs when the smart trader leans in and watches carefully:
Is price repeatedly testing the same level without breaking it?
Are the candles getting tighter, forming compression or rejection wicks?
Is volume drying outโฆ or starting to spike at key moments?
Then suddenly โ a strong breakout candle. Sometimes itโs a trap (false breakout)โฆ Other times, itโs a high-probability move that kicks off a full trend reversal or continuation.
Hereโs how I approach it:
1. I always mark out liquidity zones and trap areas before the breakout.
2. I wait for volume confirmation before entering.
3. If structure breaks cleanly, I prefer pullback entries with tight risk.
Remember: entering on a breakout is easy. The hard part is knowing which breakout is real โ and which one is designed to trap emotion-driven trades.
The market gives you a chance every day. But only those who truly see the structure will take it.
This is wild โ Trump basically drawing a hard line for Putin, but through tariffs instead of more direct action. 50 days is not long at all. The fact heโs pushing the burden onto NATO for weapons supply is also smart politically โ keeps the U.S. slightly more hands-off while still involved. But secondary tariffs can shake up so many trade partners, not just Russia. If this really hits 100% by September, global commodity and energy flows will react fast. Itโs also interesting that the Moscow exchange went up โ just shows how the market moves on โless badโ news. One thing is certain: if youโre watching markets โ especially crypto โ keep an eye on oil, gold, and risk assets. If Russia flinches or doubles down, weโll see it in volatility first. Big few weeks ahead. #Geopolitics #Cryptowatch #xrp #BinanceSquare #Write2Earn
Cryptopolitan
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Trump gives Russia 50 days to agree to a ceasefire or face 100% secondary tariffs
Donald Trump warned on Monday from the White House that Russia has exactly 50 days to end its war on Ukraine or face 100% secondary tariffs. Speaking to reporters, Trump said heโs had repeated phone calls with Russian President Vladimir Putin that always sound friendly but end up meaning nothing.
ย โI speak to him a lot about getting this thing done, and I always hang up and say, โWell, that was a nice phone call,โโ Trump said. โAnd then missiles launched into Kyiv or some other city, and I said, โStrange.โโ His tone shifted sharply as he made it clear that the time for empty calls is over. โAfter that happens three or four times, you say, โThe talk doesnโt mean anything.โ
According to CNN, Trump had earlier set a two-week deadline for Putin to get serious. That was almost three months ago. Since then, Russia has continued bombing Ukrainian cities, including civilian targets, which led Trump to post on Truth Social:
โIt makes me think that maybe he doesnโt want to stop the war; heโs just tapping me along.โ Heโs now given Moscow until early September to agree to a ceasefire or face sweeping trade penalties.
Trump says U.S. weapons going to Ukraine through NATO
At the briefing, Trump made it clear that the U.S. would continue supporting Ukraine militarily, but through NATO. He said the alliance would be responsible for both funding and distribution of weapons, not the United States directly.
The president didnโt offer further details on the kind or quantity of arms being sent, but the timing of this move shows heโs aligning with European partners while keeping pressure on Putin. โWeโre going to be doing secondary tariffs if we donโt have a deal in 50 days,โ Trump warned. โItโs very simple, and theyโll be at 100%.โ
Secondary tariffs donโt just hit Russia, they affect any other country doing business with it. Trump didnโt name specific countries, but this kind of move could impact global trade networks connected to Moscow. The announcement sent the Moscow stock exchange surging, which seems odd given the threat.
But market analysts believe investors were bracing for something even more aggressive. Reports earlier this year had hinted at the possibility of 500% tariffs, which apparently didnโt happen. So for now, traders are reacting to the lower-than-expected number, even if itโs still painful.
Trump was also asked how far he would go if Putin escalated further. โDonโt ask me a question like that,โ he snapped. But he followed it up by saying, โI want to get the war settled.โ He added that Russia should stop the war and start rebuilding its economy instead. โTheyโve got to get their economy back on track,โ Trump said. โRussia has tremendous potential.โ He insisted that the country should be using its resources for trade, not destruction.
Trump responds to sanctions bill but keeps distance
Trump also commented on a sanctions bill currently being discussed in Congress that would add harsher penalties on Russia. He said it could be helpful but stayed noncommittal. โIโm not sure we need it, but itโs good that theyโre doing it,โ he said.
A few seconds later, Trump added, โI donโt want them to waste their time.โ Trump left the door open, saying the bill โcould be very useful, weโll have to see.โ Senate Majority Leader John Thune is expected at the White House for a meeting, and a Senate vote on the bill is not scheduled until next week.
During his exchange with reporters, Trump also repeated that his conversations with Putin continue, but havenโt changed anything. โI speak to him a lot,โ Trump said. โThe conversations are always very pleasant, but the talk doesnโt mean anything once missiles hit cities.โ He didnโt mention any upcoming negotiations, nor did he confirm whether Putin had responded to the new 50-day deadline.
With Putin still pushing his campaign in Ukraine and Trump now threatening full-scale trade retaliation, all eyes will be on whether Russia changes course or keeps going. If no deal is reached, and the tariffs kick in, theyโll slam Russiaโs already-struggling economy and shake up global trade with every country still doing business with Moscow.
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