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Strategy Strikes Again: Adds 705 Bitcoin to Its Treasury
As institutional Bitcoin investments continue unabated, Strategy Inc. (formerly MicroStrategy), the pioneer in this field, has once again taken the stage.Strategy expands its Bitcoin portfolioUS-based technology company Strategy Inc. (formerly MicroStrategy), which attracts attention with its Bitcoin investments, has once again added BTC to its treasury. The company bought 705 Bitcoin between May 26 and June 1, 2025, bringing its total reserve to 580,955 BTC. The purchase, which cost around $75 million, attracted attention in the crypto market, as every purchase does.The new purchase was made at an average cost of $106,495 per Bitcoin. Thus, Strategy's total BTC purchase price average so far rose to $ 70,023. The total value of Bitcoins held by the company reaches approximately $60 billion at current prices. This keeps Strategy on top as the world's largest institutional Bitcoin holder.The company funded the transaction through “at-the-market” (ATM) share sales through two separate classes of preferred stock traded under the STRK and STRF codes. Strategy raised $36.2 million by selling 353,511 STRK shares and $38.4 million by selling 374,968 STRF shares. New BTC purchases thanks to a capital increase totaling $74.6 million.BTC “tradition” since 2020Led by Michael Saylor, the company has been aggressively pursuing its “Bitcoin treasury” strategy since 2020. Saylor recently hinted that the purchase of Bitcoin would take place with his “Orange is my preferred color”, i.e. “My preferred color is orange” post on the social media platform X. At the same time, the company's shares are also performing strongly. MSTR shares, which have increased by more than 47% in the last three months, have outperformed most of the major technology companies. During the same period, Bitcoin itself rose around 22%, while Strategy shares generated a return more than double BTC profits. At times, Strategy trades at a premium of over 100% to the value of BTC assets.Metaplanet and GameStop also buying BitcoinOn the other hand, Strategy's aggressive Bitcoin strategy is not alone in the sector. As we recently shared, Japan-based Metaplanet announced that it has acquired another 1,088 BTC in a new announcement, bringing its total reserves to 8,888 BTC. It financed this purchase with zero-coupon bonds issued to EVO Fund.US-based retail giant GameStop also announced on May 28 that it purchased 4,710 BTC. This investment of approximately $512 million was made under the company's investment policy, which was updated in February 2025. GameStop CEO Ryan Cohen is known for his strong support for Bitcoin, as is Michael Saylor.
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2 Jun 2025
BTC Comments and Price Analysis 2 June 2025
BTC (4-Hour Chart) Technical AnalysisBitcoin (BTC), on the 4-hour chart, broke below the ascending trendline located around the $106,000 region and confirmed this technical breakdown by retesting the trendline twice. During these retests, the price also failed to surpass the horizontal resistance zone between $105,000 and $106,000, indicating that downward momentum is gaining strength in the short term. BTC Trend Break As of now, the price is hovering around the $104,000 level. This area is both a psychological level and a zone where short-term reaction points are located. However, for buyers to regain control, the price must first settle above $105,500. Otherwise, downward pressure may continue.The nearest strong support zone lies in the $99,000 – $101,000 range, where the price previously consolidated before a sharp upward movement. This zone stands out as a critical short-term defense line due to its nature as a horizontal support and the volume-based demand concentration in this area. A potential pullback to this region may attract increased buying interest.On the upside, the $106,000 and subsequently $107,170 levels should be monitored as resistance. Especially, sustained movement above $107,170 could invalidate the short-term bearish scenario and potentially drive the price back up toward the $111,925 level.Looking at the broader picture, Bitcoin’s recent all-time high confirms that the medium to long-term trend remains upward. Therefore, the current downward movement can be interpreted as a correction within the main trend for now. However, it should be noted that price action in the short term may remain volatile and cautious.In summary:– Trendline break confirmed, short-term pressure increased.– $105,500 – $106,000 is a strong resistance zone.– $99,000 – $101,000 is a critical support zone.– Overall structure remains positive; short-term correction continues.– Long-term bullish momentum may resume with a close above $107,170.
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2 Jun 2025
CoinShares Data: Funds Flowed to Ethereum, Solana and 3 Altcoins in One Week!
According to the latest “Digital Asset Fund Flows Weekly Report” published by CoinShares, cryptocurrency investment products saw new inflows of $286 million last week. This brings the total fund inflows for seven consecutive weeks to $11.1 billion. Ethereum, in particular, witnessed one of the largest fund inflows. However, despite the positive inflows, total assets under management (AUM) fell from $187 billion to $177 billion due to market volatility.Bitcoin stalls as Ethereum rally continuesEthereum led the way with weekly fund inflows of $321.4 million, totaling $1.19 billion over the last six-week period. This performance marks the strongest institutional interest since December 2024. Ethereum's total fund inflows since the beginning of the year have reached $ 1.4 billion.On Bitcoin's side, inflows, which started strong at the beginning of the week, were reversed by the uncertainty after a US court declared import tariffs illegal. As a result, it closed the week with an outflow of $8 million. This was the first weekly outflow after six weeks of strong inflows of $9.6 billion. Bitcoin's total fund inflow since the beginning of 2025 still stands at $10.2 billion.Other altcoins have mixed signalsAccording to the details of the report, Ethereum as well as several altcoins continued to attract investor interest. Sui, while positively differentiating with a weekly inflow of $ 2.2 million, has reached a net inflow of $ 98 million since the beginning of the year. Solana also closed the week with inflows of $1.5 million, maintaining its year-to-date inflow level of $81 million. However, outflows continued in some altcoins. XRP experienced outflows for the second week in a row, recording a negative flow of $28.2 million. Across 2025, it still has a net inflow of $198 million. Coins such as Litecoin ($200K), Cardano ($100K) and Chainlink ($800K) saw low levels of fund inflows. Chainlink, however, stands out with an outflow of $122 million for the year.Multi-asset products saw outflows of $2.4 million and Short Bitcoin products saw outflows of $3.6 million. The outflow observed especially in “Short Bitcoin” positions may indicate that short-term bearish expectations in the market are weakening.The US maintains its leadershipLooking at the regional breakdown, the US was by far the leader with a weekly inflow of 199 million dollars. The US, whose total fund inflows have reached USD 10.8 billion since the beginning of the year, was followed by two noteworthy Asian countries. Hong Kong displayed the strongest weekly performance in this area with a fund inflow of 54.8 million dollars last week. Germany and Australia entered the list with inflows of $42.9 million and $21.5 million, respectively.In contrast, Switzerland experienced the largest regional outflow of funds with a weekly outflow of $ 32.8 million. Switzerland stands out with a total outflow of 288 million dollars since the beginning of the year. Sweden ($3.9 million), Brazil ($3.2 million) and Canada ($21.1 million) were among the other countries that experienced outflows.
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2 Jun 2025
Hack Suspicion at Taiwan-Based Cryptocurrency Exchange: 11.5 Million Dollars Missing!
While security breaches in the cryptocurrency world are becoming more complicated every day, the alleged cyberattack suffered by the Taiwan-based exchange BitoPro has created a wave of concern in the industry. In this incident, which allegedly took place on May 8, approximately $11.5 million in assets were withdrawn from the exchange's hot wallets in suspicious transactions. These allegations, made by blockchain detective ZachXBT, have been complicated by the use of anonymization tools such as Tornado Cash and Thorchain. The silence of BitoPro, which has not made an official statement for more than three weeks, has created uncertainty.Alleged hack for cryptocurrency exchange BitoProTaiwan-based cryptocurrency exchange BitoPro is believed to have suffered a cyberattack worth approximately $11.5 million on May 8, according to on-chain analyst ZachXBT. Suspicious outflows were detected from hot wallets on various blockchain networks, including Tron, Ethereum, Solana and Polygon. However, more than three weeks after the incident, BitoPro has yet to make a public statement. ZachXBT posted on his Telegram channel that there have been suspicious outflows of funds from the exchange's hot wallets on multiple networks. It was stated that the stolen funds were transferred to the mixer service Tornado Cash, then bridged to Bitcoin via Thorchain and deposited into the Wasabi wallet. In this process, it became almost impossible to trace the funds. Because such mixers and cross-chain bridges are tools used to make it difficult to trace cryptocurrency transfers. Through mixers, attackers send cryptocurrencies to different addresses by splitting or mixing them. This breaks the connection between the source and the recipient of the assets.Users started sharing ZachXBT's claims on BitoPro's official Telegram channel. A few hours ago, a channel administrator posted the following message: “Many questions came in, we will respond to all of you collectively.” However, this message was not followed by a concrete statement. It remains unclear to what extent user assets were affected in the BitoPro attack. The person or groups who carried out the attack have not yet been identified.Bybit was hacked at the beginning of 2025This brings to mind the Bybit hack in early 2025, which resulted in a $1.4 billion loss. The Bybit attack similarly utilized mixer services such as Wasabi, Tornado Cash and Thorchain, circulating funds through cross-chain bridges and peer-to-peer (P2P) exchanges. According to the most recent statement by Bybit's CEO, more than 27 percent of the stolen funds, about $380 million, are still untraceable. The Lazarus Group, a notorious North Korean-backed cyber hacking group, is believed to be behind the attack.
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2 Jun 2025
Daily Market Summary with JrKripto 2 June 2025
You can find today’s “Daily Market with JrKripto,” where we compile the most important developments in global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest evaluations.Bitcoin (BTC) started its upward trend from the $75,930 level and carried it to an all-time high (ATH) at $111,980, then pulled back due to profit-taking and is currently trading at $104,671. In the technical outlook, the $104,629 level is being followed as the first support, while below this level, support levels are located at $101,059 and $96,115. For the upward movement to regain strength, the $109,588 level needs to be surpassed. If it can stay above this resistance, $111,980 and $114,500 may be targeted.Ethereum (ETH), on the other hand, extended its upward movement from the $1,486 level to $3,004, then pulled back to $2,481 with the subsequent correction. Technically, the $2,385 level is an important support. Below this level, there are support levels at $2,098 and $2,004. For the continuation of the upward movement, the $2,711 resistance needs to be surpassed. Once this level is broken, the $2,838 and $3,004 levels may become targets again. Overall, ETH is in a horizontal consolidation phase, and holding above $2,385 is critical for the continuation of the positive scenario.Crypto NewsSHARPLINK GAMING has applied for a $1 billion IPO and plans to use the proceeds to purchase Ethereum.Cetus confirmed that the quarantined funds on Sui have been moved to a multisig safe wallet. The funds will remain secure until they are returned to users.WH Senior Advisor Hassett: Trump is considering a phone call with Chinese President Xi this week.U.S. Commerce Secretary Lutnick said tariffs “will not be lifted.”Elon Musk announced that X has launched its new 'XChat' messaging system with "Bitcoin-style" encryption.Top Gaining Cryptocurrencies:MASK → Up 27.8% to $2.57INC → Up 27.3% to $0.03161628KTA → Up 18.6% to $0.95564181AI16Z → Up 13.3% to $0.23943525FLR → Up 10.7% to $0.01914012Top Declining Cryptocurrencies:TKX → Down 6.6% to $31.52LPT → Down 6.2% to $8.27RAY → Down 4.8% to $2.36PLUME → Down 4.7% to $0.12862161GIGA → Down 3.7% to $0.02157426Fear Index:Bitcoin: 59Ethereum: 38Dominance:Bitcoin: 64.51% ▲ 0.05%Ethereum: 9.36% ▼ 0.52%Daily Net ETF Flows:BTC ETFs: -$616.10 MillionETH ETFs: $70.20 MillionKey Data to Watch TodayTime: 16:45 – Manufacturing Purchasing Managers Index (PMI) (May)Expectation: 52.3Previous: 50.2Time: 17:00 – ISM Manufacturing PMI (May)Expectation: 49.3Previous: 48.7Time: 20:00 – Fed Chair Powell’s SpeechGlobal MarketsU.S. stock markets opened sharply lower after President Donald Trump accused China of violating trade agreements. However, they managed to recover most of their losses by the end of the day. This rebound was driven by lower-than-expected April personal consumption expenditures (PCE) data and positive results in the University of Michigan consumer confidence survey.According to PCE inflation data, annual headline inflation dropped to 2.1%, and core PCE inflation, excluding food and energy, fell to 2.5%—the lowest since February 2021. Monthly inflation stood at 0.1%, in line with expectations. While service prices saw limited increases, the downward trend in goods prices ended with a 0.1% rise. The rise in disposable income was driven by social security payments.As a result, the S&P 500 index closed flat with a marginal 0.01% drop, the Nasdaq declined by 0.32%, and the Dow Jones rose by 0.13%. Eight of the 11 sectors in the S&P 500 closed higher, with consumer staples and utilities leading gains, while energy, consumer discretionary, and tech sectors declined.As the new week begins, trade tensions between the U.S. and China continue to escalate. China rejected Trump’s accusations and argued that the U.S. was the one violating the agreement. These developments created selling pressure in Asian markets and U.S. futures, and European markets are also expected to open lower.Meanwhile, expectations regarding the Federal Reserve’s interest rate policy have shifted slightly. While tariff policies may exert upward pressure on inflation, markets are now pricing in a total of 50 basis points in rate cuts for September and December.The University of Michigan’s consumer sentiment index for May was revised upward from the previous estimate of 50.8 to 52.2, marking a pause in the four-month decline. The index is still 24% lower than the same period last year. Short-term inflation expectations rose slightly to 6.6%, while 5-year long-term expectations declined from 4.4% to 4.2%.On the Chinese side, economic data signaled a recovery. The manufacturing PMI rose from 49.0 to 49.5 in May, slowing the contraction. The non-manufacturing PMI, covering services and construction, came in at 50.3, just above the growth threshold.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.42 Trillion market cap, $460.36 per share, up 0.37%NVIDIA (NVDA) → $3.3 Trillion market cap, $135.13 per share, down 2.92%Apple (AAPL) → $3 Trillion market cap, $200.85 per share, up 0.45%Amazon (AMZN) → $2.18 Trillion market cap, $205.01 per share, down 0.34%Alphabet (GOOG) → $2.09 Trillion market cap, $172.85 per share, down 0.06%Borsa Istanbul (BIST)In Q1 2025, the Turkish economy grew by 2% compared to the same period last year, and 1% on a quarterly basis. This growth was slightly below market expectations of 2.5% and the institutional forecast of 2.3%. The main driver was household consumption. Thanks to favorable credit conditions before the interest rate hike, consumption increased by 2% annually, contributing 1.6 percentage points to growth. Public spending rose by 1.2%, adding 0.2 points, and investments (fixed capital formation) grew by 2.1%, also contributing 0.2 points. However, while exports remained flat, a 3% rise in imports pulled growth down by 0.6 points. Growth was sustained by domestic demand in Q1, but this momentum is expected to weaken in Q2. We believe there are increasing downside risks to our 2025 growth forecast of 3.1%, and that growth may fall below 3%.In the labor market, negative developments were seen. In April, the seasonally adjusted unemployment rate rose from 8% to 8.6%, the highest since November 2024. The broader underemployment rate hit a record high, rising from 28.8% to 32.2%. The combined rate of time-related underemployment and unemployment rose to 22.5%, while the rate of unemployed and potential labor force remained at 20%. This sharp increase is thought to be partly due to temporary unemployment of daily wage workers during the holiday period.Price increases also continued. According to Istanbul Chamber of Commerce data, retail prices rose by 2.83% monthly and 46.57% annually in May. According to TÜRK-İŞ, the hunger threshold increased by 4.39% to 25,092 TL in May. The Ministry of Treasury and Finance will make domestic debt payments totaling 581.6 billion TL between June and August. In June, a borrowing of 278.9 billion TL is planned against payments of 265.6 billion TL.The Financial Stability Report published by the Central Bank indicated a shift in commercial loans in favor of TRY since March. Due to high commercial loan interest rates, credit growth is expected to remain moderate, and firms’ financial positions are generally considered manageable.Last week’s decline in Borsa Istanbul was driven especially by selling in banking stocks. The BIST-100 index dropped below 9,000 points during the session but closed slightly above that level. The Capital Markets Board (SPK) extended regulations on short selling bans, share buybacks, and margin trading until July 4. These measures are expected to provide short-term support to the market. However, due to settlement advantages during the holiday, some investors may still opt to sell. Tomorrow’s inflation data from TURKSTAT will be important; market expectation is around 2% monthly. The BIST-100 is expected to start the week with a flat movement above 9,000 points.Most Valuable Companies on Borsa IstanbulQNB Finansbank (QNBTR) → 867.65 Billion TL market cap, 258.50 TL per share, down 0.19%Aselsan Elektronik Sanayi (ASELS) → 590.98 Billion TL market cap, 130.00 TL per share, up 0.31%Türkiye Garanti Bankası (GARAN) → 444.78 Billion TL market cap, 107.70 TL per share, up 1.70%Türk Hava Yolları (THYAO) → 377.08 Billion TL market cap, 273.25 TL per share, no changeKoç Holding A.Ş. (KCHOL) → 359.34 Billion TL market cap, 140.40 TL per share, down 0.92%Precious Metals and Exchange RatesGold: 4,181 TLSilver: 41.93 TLPlatinum: 1,326 TLUSD: 39.26 TLEUR: 44.67 TLSee you again tomorrow with the latest updates!
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2 Jun 2025
Elon Musk Announces XChat - Emphasizing 'Bitcoin Style'
Elon Musk recently made an announcement. He announced that the social media platform, which he officially changed from Twitter to X in July 2023, will soon provide a new messaging feature called XChat. XChat highlights features such as encrypted conversations, lost messages, file transfers, voice and video calls. However, the only thing that caught the attention of the cryptocurrency community was the emphasis on “Bitcoin style” in its announcement.Bitcoin style emphasis in XChat announcementElon Musk said in a recent statement that X will soon launch XChat. XChat will have features such as encrypted conversations, lost messages, file transfers and video calls. However, Musk said that this new feature is “built on Rust with (Bitcoin-style) encryption, with a completely new architecture.” This has caused cryptography experts and developers to be skeptical of the development. “Bitcoin doesn't even use encryption,” Bitcoin Core developer and OCEAN CTO Luke Dashjr said in response to Musk's post. Another high-profile figure, Samson Mow, CEO of JAN3 and Pixelmatic, echoed this sentiment, adding, “Bitcoin is not encrypted.”Indeed, Bitcoin does not use encryption for message privacy. In particular, it uses complex cryptographic techniques such as elliptic curve cryptography and SHA-256 hashing for key generation and transaction verification.Developers also questioned XChat's connection to Rust following Musk's announcement. Eliza Labs founder Shaw Walters said that Bitcoin was written in C++ and Rust clients joined the network later.Telegram deal allegations The encrypted messaging issue comes after a public denial of a deal with Telegram. Last week, Telegram CEO Pavel Durov claimed that Telegram had entered into a one-year partnership with Musk's xAI, including a $300 million payment and app integration. However, Musk responded to this claim by saying, “No agreement has been signed.”Musk's XChat announcement comes a week after the US announced that he was leaving the D.O.G.E department. X also recently launched a new digital wallet called X Money.
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2 Jun 2025
Metaplanet Purchased Millions of Dollars of Bitcoin: Entered Top 10!
Japan-based company Metaplanet announced that it has purchased another 1,088 Bitcoin (BTC), bringing its total holdings to 8,888 BTC. That's why, now it ranks 10th among the largest publicly traded companies that bought Bitcoin. The company states that its year-end goal is to have 10,000 BTC in its corporate treasury.Bitcoin purchase from Metaplanet: It now has 8,888 BTCMetaplanet, which has recently made a name for itself with Bitcoin purchases, has again preferred the leading cryptocurrency. The Japan-based company added 1,088 BTC to its treasury earlier today. This now brings the company's total cryptocurrency holdings to 8,888 BTC, worth $930 million. The latest acquisition cost Metaplanet 16.885 billion yen. That is, Bitcoin was purchased at a price of 15.5 million yen per token. Metaplanet's BTC holdings. Source: Metaplanet Last week, Metaplanet announced that it had issued $50 million in zero-interest bonds to buy more Bitcoin. The 17th series of bonds, issued on May 29, have a face value of $525,000 each and will mature on November 28, 2025. Unlike traditional debt instruments, these bonds bear no interest and allow Metaplanet to borrow without additional repayment costs. The latest BTC purchase follows this move.10,000 BTC target by the end of the yearThe latest surge in Metaplanet's purchases brings the company closer to its year-end goal of 10,000 BTC. The company accelerated its Bitcoin accumulation this year, acquiring 7,126 BTC before even reaching the first half of 2025. Apparently, it decided to buy in the early days of the second half of the year as well. However, the company may also be trying to capitalize on Bitcoin's price retreat by buying. After all, the largest cryptocurrency by market capitalization hit an all-time high of $111,800 last week. At the time of writing, it is trading at $105,180. On a daily basis, it retreated to 103,860 dollars. The pullback after the peak may have affected the Japanese company's buying strategy.After first adopting the Bitcoin treasury strategy in April 2024, Metaplanet continued its cryptocurrency moves unabated. It quickly became Asia's largest public Bitcoin holder and among the top 10 global holders. However, US-based Strategy (formerly MicroStrategy) remains the world's largest BTC holder with 580,250 BTC.Metaplanet's biggest inspiration: StrategyMetaplanet CEO Simon Gerovich cited MicroStrategy's institutional Bitcoin strategy and the company's chairman Michael Saylor as the key inspiration for the company's adoption of Bitcoin as a treasury asset. Following the success of Strategy and Metaplanet, several other firms have joined the crypto treasure trove, including Twenty One, led by Jack Mallers. The company's shares jumpedAll these developments had a positive impact on Metaplanet shares. Metaplanet shares on the Tokyo Stock Exchange increased by more than 2 percent today. The company's stock had increased 20 times on an annual basis. Metaplanet's stock price for today.
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2 Jun 2025
Nigel Farage's Move for a Strategic Bitcoin Reserve For the UK
Nigel Farage Proposes Strategic Bitcoin Reserve at the Bank of EnglandAt the Bitcoin 2025 Conference in Las Vegas, Reform UK leader Nigel Farage made a striking announcement: they are preparing a legislative proposal that would establish a Strategic Bitcoin Reserve at the Bank of England. This proposal will be one of the core elements of the Crypto Assets and Digital Finance Bill that Reform UK plans to present to Parliament if the party comes to power.The proposed bill includes not only the creation of a reserve but also significant reforms such as reducing the capital gains tax on crypto earnings from 24% to 10%, and implementing regulations to prevent banks from denying services to crypto users. Farage argues that the UK’s current financial policies are outdated and that failing to integrate with the crypto economy could leave the country far behind U.S. and Asian markets.In his speech, Farage noted that over 7 million people in the UK own cryptocurrencies, with that figure rising to 25% among the younger population. Reform UK’s goal is to position London as one of the world’s leading hubs for crypto assets.A First in Political Finance: Accepting Crypto DonationsFarage also announced that Reform UK is the first major British political party to accept donations in Bitcoin and other cryptocurrencies. The donation process will be facilitated through a UK-based crypto payments platform that holds a VASP (Virtual Asset Service Provider) license. This step reflects Reform UK’s vision of integrating technology into politics.In line with Electoral Commission rules, donations will only be accepted from verified UK citizens, and all transactions will adhere to legal transparency standards.Emphasis on Financial Freedom and Digital SovereigntyFarage defines crypto not just as an investment vehicle but as a symbol of individual liberty and financial independence. He strongly opposes banks closing accounts of crypto users, describing such actions as “financial censorship.” The new bill explicitly aims to ban such practices.Farage voiced strong opposition to the idea of a central bank digital currency (CBDC), saying it would only be implemented “over his dead body.” According to him, CBDCs pose serious privacy risks by allowing central authorities to monitor citizens’ spending behavior.Farage’s proposals represent not only Reform UK’s political agenda but also a roadmap for the UK’s digital economy vision. If enacted, this legislation could position the UK as a leader in adopting and shaping the future of digital finance.
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31 May 2025
Daily Market Summary with JrKripto 30 May 2025
You can find today’s “Daily Market Update with JrKripto,” where we’ve compiled the most important developments from global and local markets, below. Let’s analyze the general market conditions together and review the latest updates.Bitcoin (BTC) is currently trading at $105,400. The long-term uptrend that began at $75,930 gained momentum after breaking through the resistance levels at $101,059 and $104,000, eventually reaching an all-time high (ATH) of $111,880. However, following profit-taking at this peak, BTC has broken below the $108,000 support level and is currently trading below it. This pullback signals a short-term bearish outlook, with $104,629 serving as intermediate support and $101,059 as a stronger support zone. In potential upward recoveries, the first resistance lies again at $108,000. If this level is breached, $111,000 and subsequently $114,500 could be targeted. However, to maintain its upward trend, it is critical for BTC to establish support above the $108,000 level.Ethereum (ETH) is currently trading at $2,610. The upward movement that began at $1,486 pushed the price above resistance levels at $2,453 and $2,595, reaching as high as $2,720. However, selling pressure from this region has dragged ETH back below the $2,595 level. The current price action points to a short-term correction. If the downward movement continues, $2,453 and $2,095 will serve as support levels. In case of upward recovery, $2,595 is once again the initial resistance. If surpassed, the next potential targets would be $2,800 and $2,981. For ETH’s positive outlook to regain strength, maintaining support above $2,595 is crucial.Crypto NewsBybit has obtained a MiCA license in Austria.Telegram raised $1.7 billion through convertible bonds to repay existing debt.Fed member Goolsbee: If tariffs are avoided through a deal or otherwise, we could return to a rate-cutting scenario.Bitcoin treasury firm Twenty One, backed by Tether, raised its total funding to $685 million following a second bond sale.White House: Trump told the Fed chair that not cutting rates is a mistake.The SEC Crypto Task Force met with Payward to discuss tokenization of traditional assets and staking services.SEC has dropped its lawsuit against Binance.Nigel Farage, leader of the UK Reform Party, will introduce a Strategic Bitcoin Reserve bill.Top Gainers:LPT → Up 86.7% to $10.45VENOM → Up 16.7% to $0.12698581SAFE → Up 13.0% to $0.67709936DEXE → Up 12.6% to $14.10ZBCN → Up 12.0% to $0.00621744Top Losers:PNUT → Down 20.6% to $0.27233779SYRUP → Down 16.9% to $0.34540183MOG → Down 16.2% to $0.00000101OM → Down 16.0% to $0.32981439DOG → Down 15.8% to $0.00441292Fear Index:Bitcoin: 66Ethereum: 60Dominance:Bitcoin: 63.96% ▲ 0.40%Ethereum: 9.64% ▼ 0.07%Daily Net ETF Flows:BTC ETFs: -$346.80 MillionETH ETFs: $91.90 MillionKey Economic Data to Watch Today:15:30 – Core Personal Consumption Expenditures (PCE) Price Index (YoY, April)Forecast: 2.5%Previous: 2.6%15:30 – Core PCE Price Index (MoM, April)Forecast: 0.1%Previous: 0.0%Global MarketsU.S. stock indices opened strong thanks to Nvidia’s solid financial results and the U.S. International Trade Court’s decision to block tariffs imposed by President Donald Trump. However, profit-taking occurred during the day after a federal appeals court temporarily halted this decision. Still, the indices closed higher: S&P 500 up 0.40%, Dow Jones up 0.28%, and Nasdaq up 0.39%.Ten out of eleven S&P 500 sectors ended the day in positive territory, with the best performers being real estate (+0.95%), healthcare (+0.74%), and infrastructure (+0.69%). Telecommunications was the only sector to close lower (-0.35%). Nvidia shares rose 3.2%.On the macroeconomic front, the U.S. economy contracted at an annualized rate of 0.2% in Q1 2025. While this is less than the initial estimate of -0.3%, it marks the first economic contraction since 2022. The upward revision was mainly due to stronger-than-expected investment spending. However, personal consumption grew only 1.2%, the lowest rate since Q2 2023. Government spending fell by 4.6%, the sharpest decline since 2022. Fixed investment rose 7.8%, and exports grew 2.4%. Imports surged 43%, suggesting that consumers and businesses pulled forward demand ahead of high tariffs.Initial jobless claims in the U.S. rose by 14,000 to 240,000 for the week ending May 24 (forecast: 230,000). The four-week moving average dropped by 250 to 230,750. Continuing claims rose by 26,000 to 1.92 million for the week ending May 17.Today, the markets are focused on April’s PCE inflation data, closely monitored by the Fed. The forecast is for monthly inflation to rise 0.1% and annual inflation to increase to 2.2% from 2.3% in March. Additionally, preliminary CPI data from Germany for May, U.S. personal income and spending, trade balance, and the University of Michigan’s final consumer sentiment index will be released. German CPI is expected to continue its gradual decline.Asian indices opened slightly lower this morning, while European indices began the day in positive territory. Although trade policy uncertainty continues to cap gains, Nvidia’s strong results and today’s U.S. inflation data remain in sharp focus.Top Companies by Market Value and Stock PricesMicrosoft (MSFT) → $3.41 trillion market cap, $458.68 per share, up 0.29%NVIDIA (NVDA) → $3.4 trillion market cap, $139.19 per share, up 3.25%Apple (AAPL) → $2.99 trillion market cap, $199.95 per share, down 0.23%Amazon (AMZN) → $2.18 trillion market cap, $205.70 per share, up 0.48%Alphabet (GOOG) → $2.09 trillion market cap, $172.96 per share, down 0.24%Borsa IstanbulAccording to final data released by TURKSTAT, Turkey’s foreign trade deficit in April stood at $12.1 billion—close to the provisional figures earlier released by the Ministry of Trade. In the same period, exports increased 7.8% year-over-year to $20.8 billion, while imports rose 12.7% to $32.9 billion. As a result, the trade deficit for the first four months of 2025 reached $34.6 billion, a 14.7% increase compared to the same period last year. The 12-month rolling trade deficit reached $86.7 billion, the highest since June 2024.Important domestic data releases are expected today. April’s unemployment rate, Q1 2025 GDP figures, and the Central Bank’s Financial Stability Report will be published. In Q4 2024, Turkey’s economy grew 3.0% annually and 1.7% quarter-on-quarter (seasonally and calendar-adjusted). For Q1 2025, annual growth is expected to be around 2.0%.The BIST-100 index is trying to find support just below the 9,200 mark—near its lowest dollar-based level in a year. Since the beginning of the month, the banking, telecommunications, and energy sectors have shown strong performance, while chemical, cement, aviation, retail, and insurance sectors have remained weak. Today, GDP data will be released at 10:00 a.m., followed by the Central Bank’s Financial Stability Report at 10:30 a.m. Next Tuesday, May’s inflation figures will be published. Forecasts suggest monthly inflation around 2.0%. A flat trading day is expected on BIST-100.Technically, the BIST-100 index tested 9,265 intraday yesterday before pulling back and closing at 9,171. The index is trying to hold above the previous support band of 9,148–9,044. While rebound attempts remain weak, efforts to stabilize in this zone may continue. If not, further weakness could follow. A close above 9,475 would signal renewed optimism. Intermediate resistance levels are at 9,224 and 9,325, while strong resistance lies at 9,475/9,500, 9,588, and 9,740/9,760. Support zones are at 9,148, 9,074/9,044, 8,984, 8,872, and 8,618.Top Companies by Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 886.08 billion TL market cap, 264.50 TL per share, no changeAselsan Electronic Industries (ASELS) → 602.83 billion TL market cap, 129.30 TL per share, down 2.19%Garanti Bank (GARAN) → 460.32 billion TL market cap, 106.10 TL per share, down 3.19%Turkish Airlines (THYAO) → 384.33 billion TL market cap, 277.00 TL per share, down 0.54%Koç Holding A.Ş. (KCHOL) → 362.63 billion TL market cap, 143.50 TL per share, up 0.35%Precious Metals and Exchange RatesGold: 4,152 TLSilver: 41.81 TLPlatinum: 1,361 TLUSD: 39.22 TLEUR: 44.58 TLSee you again tomorrow with the latest updates!
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30 May 2025
The Clear Signal from the US to Crypto: "Bitcoin Will Become a Strategic National Asset”
At the Bitcoin 2025 Conference in Las Vegas on May 28, 2025, U.S. Vice President JD Vance Took the Stage and Delivered Perhaps the Clearest Political Message Yet for the Crypto IndustryVance not only shared his personal belief in Bitcoin but also underscored the Trump administration’s full support for cryptocurrencies.“Today, standing here with President Trump, I say this loud and clear… There is now a true friend and supporter of crypto in the White House.”This statement is more than symbolic. In his speech, Vance emphasized that crypto will play a strategic role for the United States, particularly noting that Bitcoin is set to become a significant national asset in the coming decade.Bitcoin: A New Era’s National Safeguard?Another key point highlighted by Vance was that Bitcoin should be seen not merely as an investment tool but also as a safeguard against poor policy-making in Washington and discrimination in the private sector:“Crypto is a hedge against bad policy in Washington. It’s a shield against rising inflation and growing discrimination by the private sector against consumers.”This perspective indicates that cryptocurrencies are now more than just economic instruments—they’ve become tools for taking political positions. Vance’s remarks suggest that the institutionalization of Bitcoin by the state is no longer an ideal but an active policy.Over 100 Million Americans Could Own BitcoinOne of the most striking moments of the speech was Vance’s projection:“Soon, more than 100 million Americans will own Bitcoin.”This statement clearly shows that the role of cryptocurrencies in the U.S. economy is expected to go beyond being a technical or niche issue, evolving into a widespread societal adoption.Defending Bitcoin Through Anti-China RhetoricVance’s speech also included a foreign policy angle. Drawing attention to China’s hostile stance on Bitcoin, Vance stated:“The People’s Republic of China doesn’t like Bitcoin. So why not? If our biggest rival is against Bitcoin, maybe the United States should embrace it.”This approach reveals that Bitcoin is now viewed not only as financial technology but also as a geopolitical symbol and a strategic tool in international competition.A Call to the Crypto Community: Become a Political ForceIn the final part of his speech, Vance directly addressed the crypto community, emphasizing the importance of political engagement. Referring to the efforts made during the 2024 elections, he said:“You must carry the political momentum you built in 2024 into 2026 and beyond.”This call implies that crypto users should not only stand by the technology but also actively claim their right to political representation.Crypto Is No Longer Just a Technology—It’s a Political MovementJD Vance’s statements show that the perception of cryptocurrencies in the U.S. is undergoing a profound transformation. The White House is no longer a distant observer of crypto—it is now a direct supporter. This could mark a major turning point for not just Bitcoin, but the entire digital asset ecosystem.In America today, there is a government that no longer opposes crypto—but moves forward with it.
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29 May 2025
Pakistan Officially Announces Bitcoin Reserve
2025: A Year of Bold Governmental Moves in the Crypto World — Pakistan Launches Its Strategic Bitcoin ReserveThe year 2025 is shaping up to be a period of significant governmental strides in the world of cryptocurrencies. Among the most notable moves comes from Pakistan. On May 28, 2025, during the Bitcoin 2025 Conference held in Las Vegas, the Pakistani government officially announced the establishment of its own Strategic Bitcoin Reserve.The announcement was made by Bilal Bin Saqib, Chairman of the Pakistan Crypto Council and Special Advisor to the Prime Minister on Crypto and Blockchain. Saqib’s statements represent not just a new economic vision, but a clear break from the past:“Pakistan is no longer defined by its past. It is being reborn as a forward-looking hub of digital innovation, empowered by its youth, sharpened by necessity, and led by a new generation of tech-savvy statesmen.”National Bitcoin Wallet and a No-Sell CommitmentThis reserve will be held in a national Bitcoin wallet established by the government. Saqib emphasized that these Bitcoins will not be sold and carry no speculative intent:“This is not a trade; it’s a strategic asset plan. We will hold these Bitcoins and never sell them.”This statement signals that the government views digital assets not as vehicles for short-term profit but as instruments of long-term economic security and technological strategy.Inspired by the U.S., Acted on by PakistanPakistan’s decision came shortly after U.S. President Donald Trump announced plans to establish a strategic Bitcoin reserve in March 2025. Bilal Bin Saqib noted that Pakistan was directly inspired by this move. The similarity highlights how nation-states are increasingly incorporating digital assets into their reserve strategies.It also marks a sharp departure from Pakistan’s previously cautious stance on cryptocurrencies. A government that once said “crypto will never be legal” has now transformed into a nation establishing a Bitcoin reserve on the global stage.2,000 Megawatts of Energy Allocated for Crypto MiningIn addition to the strategic reserve, the Pakistani government announced plans to allocate 2,000 megawatts of surplus electricity for Bitcoin mining and high-performance AI data centers. This initiative serves three primary goals:Utilizing idle energy resourcesCreating technology-driven employmentAttracting foreign investmentDue to high electricity tariffs and the widespread use of solar energy, the surplus is now being turned into an advantage. With this step, Pakistan aims to become a new regional hub for mining and data center investments.Digital Asset Authority and a New Wave of RegulationThe Pakistani government is not only investing in reserves and infrastructure but also taking steps to build a comprehensive regulatory framework. The Ministry of Finance has approved the establishment of a new institution called the Pakistan Digital Asset Authority (PDAA). This authority will license and regulate:Cryptocurrency exchangesDigital asset custody servicesTokenization platformsDeFi applicationsFinance Minister Muhammad Aurangzeb stated that the PDAA will also play an active role in areas such as blockchain-based debt instruments, tokenization of state assets, and the development of decentralized finance infrastructure.International Partnerships: Binance Founder Joins as AdvisorThe Pakistan Crypto Council is placing significant emphasis on global collaboration during this transformation. Among the Council’s advisors is Binance co-founder Changpeng Zhao. Appointed as a strategic advisor in April 2025, Zhao has since been supporting Pakistan in blockchain infrastructure, crypto regulation, and the adoption of digital assets.From Crypto Rejection to Global Crypto PlayerPakistan’s establishment of a strategic Bitcoin reserve is not merely symbolic—it marks a structural policy shift. Crypto-friendly regulations, the integration of national energy resources with new technologies, and comprehensive regulatory initiatives all have the potential to position Pakistan as a regional digital asset hub.Once known for its bans, Pakistan now wants to be recognized for its Bitcoin reserve.
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29 May 2025
Daily Market Summary with JrKripto 29 May 2025
You can find today’s “Daily Market Update with JrKripto,” where we’ve compiled the most important developments from global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest evaluations.Bitcoin (BTC) is currently trading at $108,380. The long-term upward trend that began at $75,930 gained momentum after breaking through the resistance levels at $101,059 and $104,000. The price surged to $111,880, setting a new all-time high (ATH). However, following this peak, profit-taking led to a pullback, bringing BTC down to around $108,000. At the moment, BTC is moving within a horizontal consolidation range between $108,000 and $111,000. If the price breaks upward from this range, $114,500 and $118,300 are potential resistance targets. On the other hand, if the price breaks downward, $108,000 is the first support level to watch. Should this level fail to hold, the next support zones are $104,629 and $101,059. Maintaining above the $108,000 level is critically important for the continuation of the bullish trend in BTC.Ethereum (ETH) is currently trading at $2,720. The strong upward trend that began at $1,486 gained momentum after breaking through the resistance levels at $2,453 and $2,595. Following a recent correction, the price has climbed to $2,720. ETH is currently exhibiting horizontal price movement within the $2,595 – $2,800 range. If this consolidation zone is broken to the upside, $2,981 and the psychological resistance at $3,000 could be targeted. On the downside, $2,595 is the first support level, followed by $2,453 and $2,095 if it breaks below. The outlook for ETH remains positive, but sustaining above the $2,800 level is necessary for the upward momentum to strengthen.Crypto NewsU.S. Vice President JD Vance: “Soon, more than 100 million Americans will own #Bitcoin.”Nvidia Q1 2025 Earnings: Came in above expectations at $44.1 billion.Pakistan is establishing a strategic Bitcoin reserve under government leadership.A federal court ruled that Trump does not have the authority to impose tariffs under economic emergency legislation.The Central Bank of Russia announced it will allow financial institutions to offer crypto-linked derivatives, securities, and digital financial assets to qualified investors.Top Gainers:ZBCN → Up 32.0% to $0.00550774SPX → Up 21.7% to $1.18EIGEN → Up 11.4% to $1.67TON → Up 8.7% to $3.35IOTX → Up 8.6% to $0.02358207Top Losers:PLUME → Down 7.9% to $0.1474069SYRUP → Down 7.2% to $0.41507846DEEP → Down 4.8% to $0.17444699GRASS → Down 4.6% to $2.14AI16Z → Down 4.2% to $0.29408506Fear Index:Bitcoin: 73Ethereum: 62Dominance:Bitcoin: 63.46% ▼ 0.45%Ethereum: 9.86% ▲ 2.28%Daily Total Net ETF InflowsBTC ETFs: $432.70 MillionETH ETFs: $84.90 MillionKey Data to Watch Today15:30 – Gross Domestic Product (GDP) (Quarterly) (Q1)Forecast: -0.3%Previous: 2.4%15:30 – Initial Jobless ClaimsForecast: 229KPrevious: 227K19:00 – EIA Crude Oil InventoriesForecast: 1.000M barrels increasePrevious: 1.328M barrels increaseGlobal MarketsThis morning, global risk appetite is trending positively. The decision by the U.S. International Trade Court to halt tariffs imposed by former President Trump on imports—citing an overreach of legal authority—was welcomed by the markets. Following this development, U.S. stock index futures, which had closed lower yesterday, are showing gains of up to 2% this morning. Similarly, futures in Asian and European markets are also on the rise.Yesterday, U.S. equity indices closed in negative territory. The Fed’s May FOMC meeting minutes emphasized the increased uncertainty due to import tariffs and stated that interest rate policy changes should wait until there is more clarity on the economic outlook. Additionally, concerns were raised about inflation being more persistent than expected and rising unemployment risks. As a result, investor risk appetite decreased, and selling pressure intensified. The S&P 500 fell 0.56%, the Dow Jones 0.58%, and the Nasdaq 0.51%. All sectors posted negative performances, with infrastructure, raw materials, and energy leading the losses.Meanwhile, Nvidia’s much-anticipated Q1 results were released. Although its net profit of $0.81 per share slightly missed expectations, revenue came in stronger than expected at $44.1 billion. Despite ongoing restrictions in the Chinese market, these robust results were positively received by both Nvidia shareholders and the broader market.Today’s economic data flow is highlighted by U.S. Q1 GDP figures and personal consumption expenditures. These indicators could be key in determining market direction. Overall, Trump’s trade policies and the Fed’s cautious stance continue to be major influences on global markets.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.4 trillion market cap, $457.36 per share, down 0.72%NVIDIA (NVDA) → $3.29 trillion market cap, $134.81 per share, down 0.51%Apple (AAPL) → $2.99 trillion market cap, $200.42 per share, up 0.10%Amazon (AMZN) → $2.17 trillion market cap, $204.72 per share, down 0.63%Alphabet (GOOG) → $2.1 trillion market cap, $173.38 per share, down 0.34%Borsa IstanbulDomestically, Turkey’s Economic Confidence Index rose slightly to 96.7 in May. While consumer and sectoral confidence indices increased, business confidence declined. Today, TURKSTAT will release the final foreign trade data for April. According to preliminary data from the Ministry of Trade, exports rose 8.5% year-over-year to $20.9 billion, while imports increased by 12.9% to $33 billion. Consequently, the trade deficit rose by $2.1 billion year-over-year, reaching $12 billion. On Friday, Q1 2025 GDP data and the Central Bank of Turkey’s Financial Stability Report will be released.The BIST-100 index closed at 9,178 yesterday, continuing its downward movement. The index tested 9,248 with a limited intraday rise but then fell back due to selling pressure, ending the day near its lowest dollar-based level in a year. The technical outlook remains weak, with the 9,148–9,044 band seen as a relatively strong support zone. A short-term rebound may occur at these levels, but a drop below this range could signal further weakness.Closures above 9,475 could signal renewed optimism. Intraday resistance levels are at 9,224, 9,325, 9,331, and 9,410, while the main resistance levels are at 9,475/9,500, 9,588, and 9,740/9,760. Support levels are at 9,148, 9,074/9,044, 8,984, 8,872, and 8,618. The index is expected to move sideways today. Key data releases this week include Friday’s GDP figures and the Central Bank’s report.Top Companies by Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → Market cap: 863.46 billion TL, price per share: 257.75 TL, no changeAselsan Electronic Industries (ASELS) → Market cap: 616.06 billion TL, price per share: 132.70 TL, down 1.78%Garanti Bank (GARAN) → Market cap: 467.04 billion TL, price per share: 110.80 TL, down 0.36%Turkish Airlines (THYAO) → Market cap: 381.57 billion TL, price per share: 278.25 TL, up 0.63%Koç Holding (KCHOL) → Market cap: 364.66 billion TL, price per share: 143.70 TL, down 0.07%Precious Metals and Currency PricesGold: 4,111 TLSilver: 41.88 TLPlatinum: 1,364 TLUSD: 39.09 TLEUR: 44.06 TLSee you again tomorrow with more market updates!
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29 May 2025
BlackRock Strengthens BTC Position in Model Portfolios
BlackRock’s iShares Bitcoin Trust (IBIT) ETF was launched as one of the 11 spot Bitcoin ETFs approved by the SEC in January 2024. Since then, it has grown rapidly, surpassing $72 billion in net assets, securing the top spot in its category. Its closest competitor, Fidelity’s Wise Origin Bitcoin Fund (FBTC), trails by nearly $50 billion.According to the latest SEC filings, the BlackRock Strategic Income Opportunities Portfolio increased its holdings of IBIT shares from 1,691,143 as of December 31, 2024, to 2,123,592 as of March 31, 2025. This represents a quarterly increase of approximately 25%. Internal model portfolios reportedly allocated between 1% and 2% to IBIT, clearly indicating that Bitcoin is now accepted as an alternative asset class among institutional investors.Moreover, the IBIT fund has recorded remarkable inflows in recent months amid growing investor demand. In just two days, it received $1.5 billion in net inflows. Since April 9, the fund has seen daily inflows, with some days exceeding $500 million. These figures confirm that demand for Bitcoin ETFs remains strong and institutionally driven.New Steps Deepening Bitcoin StrategyBlackRock hasn't just invested in its own ETF; it has also diversified exposure through other Bitcoin-focused products:70,971 shares in Fidelity’s FBTC fund200 shares in Grayscale’s GBTC and 40 shares in its mini versionThis move illustrates BlackRock’s effort to diversify indirect exposure to Bitcoin.Furthermore, BlackRock’s interest in Bitcoin extends beyond ETFs. The firm has acquired over 620,000 Class A shares of MicroStrategy, along with nearly 15 million shares via two separate MicroStrategy convertible notes. The total value of this investment exceeds $4.23 billion. Investments in Bitcoin mining companies Riot Platforms and MARA Holdings are also part of this broader strategy.BlackRock’s Global Allocation Fund also increased its exposure to the IBIT fund by 91%, reaching a total of $47.4 million. This indicates that the overall strategy is not limited to specific funds but part of a broader asset allocation plan.Institutional Inflows ContinueBlackRock’s moves underscore how Bitcoin has cemented its place in traditional portfolios, signaling that institutional investors are entering a phase of more aggressive positioning. Investments via IBIT, allocations in model portfolios, and large-scale strategic purchases point to strong institutional demand for Bitcoin throughout 2025. Some managers, like Bitwise, forecast that this demand could reach $300 billion by 2026.
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28 May 2025
Trump Media's $2.5 Billion Bitcoin Move: A Digital Treasure Plan
On May 27, 2025, former U.S. President Donald Trump’s media company, Trump Media & Technology Group (DJT), announced a massive $2.5 billion Bitcoin investment plan. This development is considered the company’s most significant strategic move toward digital assets to date. The company’s new strategy is seen not only as a financial investment but also as an ideological stance.Financial Structure and Deal DetailsTrump Media secured commitments for a $2.5 billion capital raise through subscription agreements with approximately 50 institutional investors. The breakdown of this funding is as follows:$1.5 billion from the sale of common stock,$1 billion from the issuance of 0% interest convertible senior secured notes.The raised capital will be used to add Bitcoin to the company’s balance sheet. This move will go down as one of the largest Bitcoin investments ever made by a publicly traded company.Company Statement: “Bitcoin Is the Symbol of Financial Freedom”Trump Media CEO Devin Nunes commented on the strategy with the following statement:“We see Bitcoin as the pinnacle of financial freedom. Allocating a significant portion of our company’s assets to Bitcoin is part of our mission.”Nunes also emphasized that this step provides an alternative to the discriminatory practices of the traditional financial system. The company plans to store its Bitcoin securely through institutions like Crypto.com and Anchorage Digital.Strategic Background and Political ContextThis move aligns with the “Strategic Bitcoin Reserve” plan announced by the Trump administration in March 2025, which aims to cement the U.S.’s leadership in digital assets.Previously, the Trump family entered the crypto space with the $TRUMP memecoin project bearing their name. That initiative had sparked public debate about ethics and conflicts of interest.A New Chapter at the Intersection of Crypto and Traditional MediaTrump Media’s $2.5 billion Bitcoin investment may mark a new milestone in the institutional adoption of cryptocurrencies. This step sends a powerful signal to both the media sector and the financial world. However, market reactions suggest that more time is needed to fully assess the impact of the strategy.
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27 May 2025
Bitcoin 2025 Kicks Off in Las Vegas
The Bitcoin 2025 Conference kicked off this week in Las Vegas. Held between May 27–29, the event is closely followed not only by the crypto world but also by global economic and political observers.The conference comes right after Bitcoin reached its all-time high of $111,000 last week. Although prices are currently moving sideways, the messages coming out of Las Vegas may point to a new direction.Not Just a Conference — The Pulse of the IndustryThe event is being held at the Venetian Conference Center. Attendance is at record levels: over 30,000 visitors, more than 400 speakers, and over 5,000 companies. Events like this are no longer just about technology. The future of Bitcoin is being shaped here.Big Stage, Big WordsThe opening will be made by U.S. Vice President J.D. Vance. Vance is expected to clearly express his support for Bitcoin and relate this support to the financial strategy of the United States.The list of speakers shows just how political and global the sector has become:Senator Cynthia LummisSEC Commissioner Hester PeirceMicroStrategy CEO Michael SaylorTether CEO Paolo ArdoinoRobinhood CEO Vlad TenevTron founder Justin SunThe Winklevoss twinsWhite House crypto advisorsAnd Donald Trump’s sonsOne of the surprises is that a message from Silk Road founder Ross Ulbricht will be shared at the event.What’s on the Table?The agenda of the conference is quite full. The main topics are as follows:Bitcoin’s technical infrastructure: Layer-2 solutions, BitVM2, and DeFi integrationLightning Network: Micro payments and new use casesETFs and financial products: The direction of institutional investmentRegulations: The U.S. political approach and signals of new legislationMining: Sustainability, energy efficiency, and environmental impactsEach session invites attendees to rethink how Bitcoin is not only an investment tool but a building block for the future of the financial system.Why Is It Important?Last year’s conference in Nashville made a big splash. The fact that this year’s event moved to Las Vegas is no coincidence. We’re in a symbolic city where finance and politics intersect in the U.S. The conference is not only spotlighting technological developments but also political positions.Bitcoin is entering an entirely new phase in 2025. Institutional interest, regulatory steps, and public awareness are all rising rapidly. This gathering in Las Vegas has become a focal point where all these themes converge.The Bitcoin 2025 Conference is not just an industry event; it is a space where ideas, investments, and policies take shape. The messages coming out of here will guide not only price charts but also the financial system of the future.What happens in Las Vegas this time… won’t stay in Vegas.
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27 May 2025