News
Politics News
Browse all Politics related articles and news. The latest news, analysis, and insights on Politics.
Financial technology giant Mastercard is launching a radical transformation in the world of finance by offering a new generation of solutions in the field of digital asset transactions and commercial payments. The company aims to make blockchain-based transactions more secure and compatible with the “Multi-Token Network” (MTN) infrastructure it has developed, while bringing speed and automation to corporate pay processes with the virtual card technology VCN.These initiatives are among the important steps of Mastercard's effort to build a solid bridge between traditional financial systems and the digital asset world Dec. 21, Dec.21, Dec.21, Dec. 21, Dec. 21, Dec.New Blockchain-Based Infrastructure: Multi-Token NetworkThe Multi-Token Network (MTN) developed by Mastercard offers a new transaction infrastructure that will allow digital assets to be used securely. This system enables the interoperability of on-chain and off-chain assets. Thus, users and institutions can transact with blockchain-based digital assets in a more transparent, compatible and integrated way.Mastercard is using the technical know-how it has gained from more than 250 blockchain patent applications it has made since 2015 to implement this project. In addition, it actively cooperates with important banks such as JPMorgan Chase and Standard Chartered on projects such as cross-border payments and tokenization of carbon credits.Digitalization of Corporate Payments with VCN TechnologyNot only digital assets, but also on the side of commercial payments, Mastercard has a remarkable solution: VCN (Virtual Card Number) technology. This system developed by the company aims to accelerate the digitalization of corporate payments.As of April 1, 2025, Mastercard-affiliated banks and business partners will be able to offer integrated virtual card solutions thanks to this technology. Virtual cards provide automatic and secure execution of payments by connecting directly to the ERP and accounting systems of enterprises.Thanks to this system:Payments are becoming simpler,Security is increasing,Accounting processes are getting easier,Institutions are getting rid of the manual processing burden.Highlights of Mastercard's Pay Transformation:Multi-Token Network: A secure, integrated and regulation-compliant infrastructure for blockchain-based digital asset transactions.VCN technology: Automatic, integrated and fast corporate pay solutions with virtual card numbers.Strategic business associations: Digital project partnerships carried out together with global banks such as JPMorgan Chase, Standard Chartered.Global goal: Mastercard wants to facilitate the use of digital assets by spreading these infrastructures around the world.What Does It Mean For the Digital Finance Ecosystem?These steps by Mastercard show that digital assets are no longer just an investment tool, but are starting to become part of active pay systems. While institutions can perform their transactions faster and more securely with virtual cards, individual users will also be able to use blockchain-based assets more easily and securely.In addition, these solutions are not only technological; they also offer a strong basis for regulatory compliance. This both increases user confidence and strengthens the place of digital assets in the traditional financial world.

You can find our article “Daily Market with JrKripto” below, where we have compiled the most important developments in global and local markets. Let's analyze the general market conditions together and take a look at the latest assessments.Bitcoin (BTC) is currently trading at $84,500. While the $79,100 - $80,763 area stood out as a strong support area, BTC retreated, hanging below the $85,600 level. If permanence cannot be achieved above the $85,600 level, a pullback towards the $83,763 level may occur. However, if the $85,600 level is exceeded again, it may be possible for the rise to continue to the $90,700 level.Ethereum (ETH) is trading at $1,870. While the $1,900 region is being followed as a critical support point, a drop to the $ 1,800 level may be seen if it goes below this level. A recovery towards the $2,000 level can be expected after the $1,900 level is exceeded in upward movements. A close above $2,000 could allow ETH to accelerate towards the $2,250, $2,534 and $2,721 levels.Crypto NewsWith a new funding of $ 40 billion, OpenAI has increased its total valuation to $ 300 billion.Grayscale submits s-3 file for Digital Large Market Fund ETFMastercard is developing a method that will allow consumers, merchants and financial institutions to make transactions with digital assets.Mexican President Sheinbaum said the response to the US tariffs will be announced on April 3."Bitcoin is one of the greatest means of storing value, it's instantly liquid and it's an incredible hedge against the real estate market," Eric Trump said.BlackRock has been registered as a crypto asset firm with the UK Financial Conduct Authority (FCA).Gamestop's revenue from promissory notes amounted to $ 1.48 billion to be used to buy Bitcoin.Circle has filed for an initial public offering.CryptocurrenciesThose Who Have Risen The Most:EOS → increased by 16.3% to $0.7967.MEW →increased by 15.5% to $0.0031.DEXE →jumped 9.6% to $14.28.WAL-MART rose 8.6% to $0.5696.AKT →rose 8.3% to $1.26.The Ones Who Fell The Most:ZETA → fell 12.0% to $0.2549.KAITO → fell by 11.4% to $0.9250.IP → fell 11.2% to $4.15.COMP → fell 10.3% to $43.23.SNX → fell by 9.7% to $0.6781.Other Data:Fear Index:Bitcoin: 39 (Fear)Dominans:Bitcoin: 62.67% ▲ 0.26%Ethereum: 8.42% ▼ 0.94%Data to Follow Today15:15 - US/ ADP Non-Agricultural Employment (March)Expectation: 118KPrevious: 84K17:30 - US | Energy Information Administration Crude Oil InventoriesExpectation: -0,400MPrevious: -3,341M23:00 - USA | President Trump's SpeechGlobal MarketsUS stock markets have been following a positive trend ahead of the wide-ranging tariffs that President Donald Trump will announce on Wednesday, April 2. While the markets are following a volatile course due to global trade war concerns, it is expected that the new taxes will take effect after the announcement.European Commission President Ursula von der Leyen announced that Europe has a “strong plan to retaliate if necessary,” while the leaders of South Korea, China and Japan agreed to cooperate ahead of Trump's announcements on Sunday. These developments increase the risk of continued volatility in global markets.Stock indexes ended the day in an increase despite ISM manufacturing data that fell short of expectations. In March, the ISM manufacturing industry index fell to 49.0 and moved into contraction territory. The new orders index fell 3.4 points month-on-month to 45.2, the lowest level since August. In contrast, the price index rose to 69.4, indicating that cost pressures are increasing.Looking at the index performances, the S&P 500 rose 0.38%, the Nasdaq rose 0.87%, while the Dow Jones lost 0.03%. While 9 of the 11 main sectors in the S&P 500 gained value, the best performers were the consumer sector with 1.14%, telecommunications with 1.02% and technology with 0.95%. The weakest sectors were healthcare, which fell by 1.75%, and finance, which lost 0.16%.The most important agenda of the day will be Trump's tax policy statements. ADP private sector employment data and factory orders will be followed in the economic data flow. Asian indices are tracking negatively, while European stock markets are expected to start the day with a decline.The Most Valuable Companies and Their Stock PricesApple (AAPL) → market capitalization of $3.35T, price per share of $223.19, an increase of 0.48%Microsoft (MSFT) → market capitalization of $2.84T, price per share of $382.19, an increase of 1.81%NVIDIA (NVDA) → market capitalization of $2.69T, price per share of $110.15, an increase of 1.63%Amazon (AMZN) → market capitalization of $2.04T, price per share of $192.17, an increase of 1.00%Alphabet (GOOG) → market capitalization of $1.92T, price per share of $158.88, an increase of 1.70%Borsa IstanbulAlthough the foreign markets are slightly positive during the period when Borsa Istanbul is closed, the weight of the non-economic agenda continues at home. For this reason, it is expected that volatility and periodic pressures will continue in BIST. While it is important to keep market risks limited in the short term, targets above 14 thousand remain valid in the medium and long term. For the BIST100 index, 9.850, 10.000 and 10.200 levels are monitored as resistance, while 9.420, 9.250 and 9.100 levels are monitored as support points.In the data calendar of the day, the March PMI data will be announced internally. In Europe, the agenda is calm, while in the US, private sector employment growth, durable goods orders and factory orders will be followed. In the continuation of the week, inflation data in Turkey and critical data such as non-agricultural employment, unemployment rate and average hourly earnings in the United States will be on the agenda. While Turkey's 5-year CDS premium started the day at 319 basis points, retail prices increased by 3.79% month-on-month and 46.23% year-on-year in March, according to Istanbul Chamber of Commerce (ITO) data. According to TÜRK-IŞ's March data, the hunger limit increased by 1.25% per month to TL 23,615. Paying April April June period The Treasury announced the domestic borrowing strategy and while it is planned to pay a total of TL 692.6 billion in domestic debt during this period, domestic borrowing is targeted at TL329.5 billion against the TL 293.3 billion in domestic debt servicing in April.While BIST is expected to make a cautious and horizontal opening after the holiday holiday, the banking sector's February aggregate results, which are scheduled to be announced yesterday at noon, will be closely monitored. February January, the banking sector achieved a net profit of TL 47.3 billion with a contraction of 38%, while in February, the profit is expected to increase by more than 35% per month and reach around TL 65 billion. The BIST100 index recovered from 9.415 level on the last trading day and closed at 9.659, but reaction movements are still limited. while the December of 9.738-9.895 is monitored as a resistance, a new move towards 10.197 can be supported if this level is exceeded. The 9.594-9.473 region should be followed as support, and the 9.221-8.870 December may be on the agenda if it falls below this level. Today, the customs tariffs announced by the United States in foreign markets will be followed. In general, the BIST100 is expected to make a cautious start to the first trading day after the holiday.The Companies with the Highest Market Capitalization in Borsa Istanbul:QNB Finansbank (QNBTR) → Market capitalization of TL 1.16 trillion, price per share is TL 312.00, a decrease of 9.96%.Aselsan Electronic Industry (ASELS) → Market value of TL 546.74 billion, price per share is TL 118.70, a decrease of 1.00%.Garanti Bank of Turkey (GARAN) → Market capitalization of TL 495.60 billion, price per share is TL 116.80, a decrease of 1.02%.Turkish Airlines (THYAO) → market value of TL 429.18 billion, price per share is TL 306.25, a decrease of 1.53%.Koç Holding (KCHOL) → Market value of TL 414.87 billion, price per share is TL 161.10, a decrease of 1.53%.Precious Metals and Foreign Exchange PricesGold: 3801 TL Silver: 41.28 TL Platinum: 1197 TL Dollar: 37.94 TL Euro: 41.01 TL Hope to meet you again tomorrow with the latest news! translate one-to-one

In the crypto market, success isn’t just about the rise of major projects. When a blockchain network gains strength, the ecosystem built around it also begins to thrive. And within this ecosystem, one standout element has captured attention: meme coins. These fun, community-driven tokens—often lacking serious technology—can sometimes outperform the main projects in terms of value growth.This trend was clearly seen on the Solana network at the end of 2023. As Solana gained strength in price, coins like BONK, WIF, MYRO, and POPCAT exploded. With price increases reaching hundreds of times their initial value, these tokens transformed from random experiments into full-blown phenomena. The equation is simple: Strong technical infrastructure + active community = meme coin rally.Today, similar movements on networks like SUI, TON, APT, ZK, and ARB are no longer just a possibility—they’re becoming a strong expectation.5 Networks Following in Solana’s FootstepsSolana’s surge wasn’t just about price. What set it apart was its user-friendly design, fast and cheap transactions, and strong community influence. In this environment, meme coins could be traded with ease and spread rapidly. Now, those same dynamics are spilling over into other networks:SUI (Sui Network)Uses an efficient coding language called MoveOffers low fees and high-speed transactionsThe groundwork for meme coins is in place, but a big breakout hasn’t happened—yetTON (The Open Network)A blockchain integrated with TelegramCoins can spread easily through Telegram groupsAPTOS (APT)A technically strong chainInitially lacked community support, but that gap is quickly closingZK (zkSync Era)Known more for technical and utility-focused projectsCompatible with Ethereum, enabling fast project adoptionARB (Arbitrum)A Layer-2 network for EthereumAs the bull market heats up, permanent meme coins may emerge here tooWhat Can We Learn from These Rallies?Meme coins may not be serious projects—but they can deliver serious returnsCommunity support, hype, and liquidity often matter more than technical infrastructureThese coins usually launch on decentralized exchanges (DEX), and if the hype grows, they get listed on major centralized exchanges (CEX)Conclusion:As projects like SUI, TON, APT, ZK, and ARB continue to evolve, new opportunities are emerging for meme coins within these ecosystems. Solana has shown us that meme coins born during a network’s growth phase can become more than just entertainment—they can turn into serious profit tools for investors.Of course, this space carries high risk, but the potential rewards are just as significant.

Larry Fink, CEO of BlackRock, the world’s largest asset management firm, delivered striking messages in his annual letter to investors—not only about the economic outlook, but also regarding the shifting future of finance. According to Fink, if the U.S.’s rapidly growing $36 trillion debt cannot be brought under control, the dollar’s status as the global reserve currency could be at risk. And the candidate to fill that void has already stepped onto the stage: Bitcoin.As of today, the U.S.’s interest payments alone have surpassed $952 billion, a figure that now exceeds even defense spending. If this trend continues, by 2030, a large portion of federal revenue may go solely toward debt servicing. Fink’s warning clearly shows that Bitcoin is no longer just in the sights of tech enthusiasts—it’s now on the radar of global finance.Bitcoin’s Rise, the Future of TokenizationLarry Fink openly states that he is not entirely opposed to Bitcoin. On the contrary, he highlights the potential of decentralized finance (DeFi) to transform the financial world with faster, more transparent, and lower-cost systems. However, what truly stands out is his clear mention of Bitcoin as a possible replacement for the dollar. This underscores how crypto assets can become alternatives when confidence in traditional monetary systems begins to erode.BlackRock’s Bitcoin ETF accumulating over $50 billion in assets in its first year further reinforces this interest. The strong demand from retail investors shows that Bitcoin is no longer just a “risky asset,” but a legitimate investment vehicle at the institutional level.Another key point emphasized by Fink is tokenization. According to him, this technology could fundamentally increase the efficiency of the financial system. As delays and constraints of traditional transactions are eliminated, markets could become more dynamic and inclusive.Key Takeaways from Fink’s Letter:The U.S. debt is growing much faster than GDP; interest burden has surpassed the defense budget.If the current trajectory continues, debt servicing may exceed federal revenues by 2030.Bitcoin emerges as an alternative to the U.S. dollar’s global reserve currency status.BlackRock’s Bitcoin ETF attracted over $50 billion in its first year.Decentralized finance has the potential to make markets faster, cheaper, and more transparent.With Tokenization:Assets can be bought and sold instantly.Transfers can be completed in seconds.Markets can remain open 24/7.Billions in idle capital can be brought back into circulation.Tokenization can make investing more accessible and democratic.

Under the leadership of Michael Saylor, Strategy has once again strongly demonstrated its confidence in the Bitcoin market. The company made a massive investment by purchasing 22,048 Bitcoins for approximately $1.92 billion. This move came despite rising market anxiety over the new tariffs expected to be announced by U.S. President Donald Trump on April 2.It was stated that the purchase was made at an average price of $67,458 per BTC. With this acquisition, Strategy’s total Bitcoin holdings have exceeded 528,000 BTC, bringing the total value of its BTC portfolio to approximately $35.6 billion. This makes Strategy the largest institutional holder of Bitcoin in the world.Market Dynamics and Strategic ApproachThe timing of this investment is particularly noteworthy. Executing such a large-scale purchase during a period of price pressure and market uncertainty points to the company’s long-term strategy and confidence in the market. Especially at a time when Trump’s upcoming tax policy announcements are creating tension among investors, this acquisition has helped restore confidence in the market. Strategy BTC Purchase Levels On the other hand, Strategy’s move is not only being discussed in financial terms but also in terms of its legal implications. The company may face a tax liability of $7.7 billion on unrealized gains from its unsold BTC holdings. The 15% alternative corporate tax introduced under the 2022 Inflation Reduction Act could impact the company’s balance sheet. However, the crypto-friendly stance of the Trump administration could bring certain exemptions.Andrei Grachev, managing partner at DWF Labs, stated that the current market volatility is merely a correction and that the long-term outlook remains unchanged—a sentiment that aligns with Strategy’s recent move.Key Highlights:Strategy purchased 22,048 BTC for a total of $1.92 billion.Its total Bitcoin holdings surpassed 528,000 BTC, with a portfolio value of approximately $35.6 billion.The purchase took place ahead of Trump’s anticipated tax policy announcement.The company may face a $7.7 billion tax liability on unrealized gains.The move is widely seen as a signal of long-term confidence in the Bitcoin market.

Following one of the largest bankruptcies in the crypto market, FTX is preparing to make repayments to its creditors after 27 months of uncertainty. As part of the company's restructuring process, a total of $11.4 billion in cash reserves will be used starting May 30. It was announced that this amount will be directed primarily to claims over $50,000, and not only the principal but also 9% annual delay interest will be paid.This move is not only about compensating losses but also plays a crucial role in restoring the long-damaged reputationof the company. FTX plans to reimburse creditors up to 118% of their claims. Thus for many affected investors, the compensation may turn out to be more comprehensive than initially expected.How Will the Repayment Plan Work?FTX's repayment process involves numerous technical and legal components. The company is conducting a comprehensive verification process to eliminate invalid and duplicate claims from thousands of submissions in order to create a clean and transparent payment schedule. This step is critical not only for transparency but also to prevent potential abuse.On the operational side the process is being carried out with the technical support of experienced crypto platformslike BitGo and Kraken. Maintaining a robust infrastructure provides a significant advantage in terms of both security and speed. It is noted that FTX may potentially carry out repayments of up to $16 billion.Sub-topics such as the sale of its European arm, the recovery of political donations, and court proceedings remain unresolved. However this repayment plan is seen as part of the company’s broader effort not only to close its financial liabilities but also to rebuild its reputation as a whole.In Summary:FTX will initiate $11.4 billion in repayments on May 30.Thanks to 9% interest, creditors could receive up to 118% of their original investments.Priority is given to claims over $50,000.Companies like BitGo and Kraken are providing technical support.The total repayment potential may reach $16 billion.The process is progressing with a focus on transparency and auditability.The company sees this as a strategic opportunity to restore its reputation.

You can find today’s “Daily Market with JrKripto” summary, where we compile the most important developments in global and local markets, below. Let’s analyze the overall market conditions together and take a look at the latest evaluations.Bitcoin (BTC) is currently trading at $84,170. The $79,100 – $80,763 region stands out as a strong support area, and BTC has started an upward movement after reacting positively from the $80,763 level. If $85,600 is tested again and surpassed, the rise may continue toward $90,700. However, if there are daily closes below $83,763, the risk of a return to $80,763 support increases.Ethereum (ETH) is currently trading at $1,875. Finding support in the $1,800 region, ETH is continuing its upward recovery. $1,900 is being monitored as the first resistance level. If this level is broken, a move toward $2,000 may occur. Closes above $2,000 could support a move toward $2,250, $2,534, and $2,721.Crypto NewsHut 8 launches ‘American Bitcoin’ mining company supported by Eric Trump and Donald Trump Jr.FTX to begin creditor payments on May 30 with $11.4 billion in cash reserves.Strategy buys 22,048 BTC worth $1.92 billion.BlackRock CEO Larry Fink warns the U.S. dollar may lose its reserve currency status to Bitcoin.OpenAI raises $40 billion in funding, raising its total valuation to $300 billion.Top GainersFARTCOIN → ▲38.3% to $0.5403SPX → ▲35.8% to $0.5607COMP → ▲35.6% to $52.12GIGA → ▲23.0% to $0.0193DEEP → ▲20.8% to $0.0715Top LosersMASK → ▼3.9% to $2.10JUP → ▼2.6% to $0.4308APFC → ▼2.1% to $1.04IP → ▼2.0% to $4.74VANA → ▼1.7% to $6.08Other DataDominance:Bitcoin: 62.25% ▼ 0.09%Ethereum: 8.40% ▲ 0.41%Fear Index: 34 → FearDaily Net ETF Flows:BTC ETFs: -$60.60 millionETH ETFs: $6.40 millionKey Data to Watch Today16:45 – U.S. | Manufacturing Purchasing Managers’ Index (PMI) (March)Reported: 49.8Previous: 52.717:00 – U.S. | ISM Manufacturing PMI (March)Reported: 49.5Previous: 50.317:00 – U.S. | Job Openings and Labor Turnover Survey (JOLTS) (February)Reported: 7.690MPrevious: 7.740MGlobal MarketsU.S. stock markets rebounded after a choppy start to the week. Dow Jones closed up 1%, while the Nasdaq Compositefell 0.1%, showing weaker performance. S&P 500 erased early losses and ended the day in positive territory.President Donald Trump is expected to announce comprehensive new tariffs on Wednesday. After previously imposing import duties on products like steel and aluminum, he now plans to apply high tariffs to automobile imports. Over the weekend, he signaled that the U.S. could impose tariffs on all trade partners, raising market anxiety. According to The Wall Street Journal, Trump has pushed his team to work on broader trade tax measures.These developments are creating major uncertainty in global markets. Investors are also closely watching the upcoming non-farm payrolls report, which will offer key insights into the strength of the U.S. economy.After a highly volatile quarter, initial optimism around tax cuts and deregulation has given way to concerns that Trump’s trade policies could negatively impact the U.S. economy. Both the S&P 500 and Nasdaq experienced their biggest quarterly losses since 2022.Francis Gannon of Royce Investment Partners said, “Markets are searching for clarity, but the uncertainty remains.”Top Companies and Stock PricesApple (AAPL) → $3.34T market cap, stock price $222.13, ▲1.94%Microsoft (MSFT) → $2.79T market cap, stock price $375.39, ▼0.90%NVIDIA (NVDA) → $2.64T market cap, stock price $108.38, ▼1.18%Amazon (AMZN) → $2.02T market cap, stock price $190.26, ▼1.28%Alphabet (GOOG) → $1.89T market cap, stock price $156.23, ▲0.11%Precious Metals & Currency RatesGold: 3820 TRYSilver: 41.40 TRYPlatinum: 1219 TRYUSD: 37.94 TRYEUR: 41.04 TRYSee you tomorrow with more updates!

The Trump family is making headlines once again with a new initiative that aims to further expand their influence in the world of digital assets. Eric Trump and Donald Trump Jr. have announced the launch of a Bitcoin mining companynamed “American Bitcoin.” Formed in partnership with Canada-based mining firm Hut 8, this new venture is not just an investment but is seen as a long-term strategic move.Hut 8 will own 80% of the company, while the remaining 20% stake will be managed by American Data Centers Inc.,a firm owned by the Trump brothers. Eric Trump will serve as co-founder and chief strategy officer of the project.From Mining to Value PreservationAmerican Bitcoin’s operations will be carried out across 11 data centers owned by Hut 8 throughout the United States. The company’s CEO, Asher Genoot, emphasized that the U.S. has a competitive edge globally in this space thanks to low energy costs and strong infrastructure. Eric Trump also highlighted that the U.S. offers a more efficient mining environment from an environmental sustainability perspective.The Trump family is positioning this initiative not only as a production-focused venture but also as part of a long-term reserve strategy. The goal is to gradually build a significant Bitcoin reserve, setting American Bitcoin apart from traditional mining projects.The Trump Family and the Crypto MarketThis is not the Trump family’s first step into digital assets. Previously, they launched a decentralized finance platform called World Liberty Financial. WLFI Coin serves as the central token of the project and acts as the key to all economic activities on the platform.Donald Trump has also softened his stance on cryptocurrencies compared to the past, and now openly advocates for making the United States “the crypto capital of the world.” WLFI and the Trump Family In the short term, American Bitcoin aims to build a strong infrastructure across the country. In the long term, it seeks to become a leading global Bitcoin mining company. Eric Trump is expected to share this vision publicly during an upcoming live broadcast.This move by the Trump family shows that crypto policies in the U.S. are no longer shaped solely by financial concerns, but also by political and strategic considerations.

Grayscale, one of the leading investment firms in the crypto market, has taken a significant step to strengthen the bridge between traditional finance and digital assets. The company has filed an S-3 form with the U.S. Securities and Exchange Commission (SEC) to convert its private fund, the “Grayscale Digital Large Cap Fund,” into an exchange-traded fund (ETF).This move marks the company’s second major transformation following the conversion of its Bitcoin Trust into an ETF last year. If approved by the SEC, investors will gain much easier access to a regulated and diversified portfolioconsisting of major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Cardano.Fund Structure: Balanced, Large-Cap, and Free from SpeculationGrayscale’s filing clearly outlines the fund’s scope and strategy. The asset allocation is as follows:79.4% Bitcoin (BTC)10.69% Ethereum (ETH)The remaining portion is allocated to large projects such as XRP, Solana, and CardanoGrayscale also emphasizes that the fund does not include stablecoins or meme coins. Instead, it follows a structure that covers approximately 75% of the digital asset market by market capitalization. This approach makes the fund more stable and appealing to institutional investors.The fund’s performance is also noteworthy. Launched in 2018, the Grayscale Digital Large Cap Fund has delivered a total market return of over 478% to date. The company continues to update its portfolio based on market conditions. For example, in January 2025, Avalanche (AVAX) was removed from the fund and Cardano (ADA) was added, reflecting the fund’s ability to adapt to evolving market dynamics.What Does the ETF Conversion Mean?Grayscale’s transition to an ETF not only reflects a shift in the company’s strategy but also signals the institutionalization of the crypto market. Once the conversion is complete:Retail investors will be able to access major digital assets through a regulated investment vehicleInvestments could become more transparent and cost-effectiveInstitutional interest could increase, leading to broader market participation and enhanced liquidityThis development marks a strategic move by Grayscale into the multi-asset ETF space. Following the success of the Bitcoin Trust, the company’s expansion into a multi-asset digital ETF highlights its commitment to broadening its product offerings.

OpenAI, one of the most powerful players in the artificial intelligence ecosystem, has once again demonstrated the pace of its growth achieved in just a few years. The company raised a record-breaking $40 billion in its latest funding round, bringing its total valuation to $300 billion. This figure places OpenAI not only at the top of the AI sector but also among the highest-valued private companies globally.The most striking aspect of this funding round is the profile of participating investors. While Microsoft already stands as a deep strategic partner of OpenAI, SoftBank emerged as the lead investor in this round. The participation of technology-focused investment giants such as Coatue Management, Thrive Capital, and Altimeter clearly reflects the confidence in the company’s long-term strategic vision.More Than Just Growth – A Move for Global PositioningWhere OpenAI plans to allocate this massive funding is just as noteworthy as the amount itself. The company will play an active role in the Stargate project, which aims to reshape the AI infrastructure of the United States. The project will involve the establishment of massive data centers, high-energy infrastructure, and AI-optimized computing power, proving that OpenAI is no longer just a model development lab. The goal here is to strengthen technological superiority not only at the software level but also in hardware and infrastructure.This growth also signals a strategic advantage for the U.S. in its AI race with China. OpenAI’s transformation into a key player that not only leads in technology but also influences global networks turns the $300 billion valuation into more than an economic milestone—it becomes a geopolitical signal.Key Highlights:OpenAI reaches a $300 billion valuation with $40 billion in new funding.SoftBank leads the investment round, while Microsoft expands its strategic partnership.Coatue, Thrive Capital, and Altimeter also participated in the funding round.OpenAI will play an active role in the Stargate project to advance U.S. AI infrastructure.The new funding will focus not only on product development but also on infrastructure and global tech competition.OpenAI is no longer just an R&D company—it is now a global strategic powerhouse.

You can find today’s “Daily Market Recap with JrKripto”, where we compile the most important developments in global and local markets, below.Let’s analyze overall market conditions together and take a look at the latest evaluations.Bitcoin (BTC) is currently trading at $81,700. The $79,100 – $80,763 range stands out as a strong support zone. After falling below $85,600, BTC lost momentum. If the price fails to hold at $80,763, the decline could deepen toward the $74,100 – $74,200 range. However, if a strong buying reaction emerges at $80,763, a recovery toward $83,763 and $85,600 may follow.Ethereum (ETH) is trading at $1,790. The $1,800 region stands out as a critical support. If this level is lost, the risk of a drop toward $1,700 increases. On the upside, $1,900 will be the first resistance level to watch. If ETH breaks above $2,000, the recovery may gain momentum toward $2,250, $2,534, and $2,721.Crypto NewsHut 8 launches a Bitcoin mining company backed by Eric Trump and Donald Trump Jr.FTX to begin paying major creditors starting May 30, with $11.4 billion in cash reservesElon Musk’s xAI fully acquires X via stock transaction; both companies valued at $80 billionMarathon ($MARA) plans to raise $2 billion through a stock sale to accumulate more BTCTop Gaining Cryptocurrencies:SAFE → +9.5% to $0.5868WAL → +7.4% to $0.4508ZEC → +5.5% to $37.92EOS → +4.2% to $0.6131BTSE → +3.5% to $1.22Top Losing Cryptocurrencies:NEO → -22.5% to $5.01TEL → -17.6% to $0.0042AIC → -14.3% to $0.1857KET → -12.5% to $0.1860IBERA → -11.5% to $6.71Other Data:Dominance:Bitcoin: 62.22% ▲ 0.01%Ethereum: 8.33% ▲ 0.40%Daily Net ETF Flows:BTC ETFs: -$93.20 millionETH ETFs: +$4.70 millionGlobal MarketsNext week, global markets may be shaken by the 25% additional tariff on imported cars imposed by U.S. President Donald Trump, and uncertainty over how other countries will respond. Europe, Canada, and China are expected to retaliate, putting pressure on risk appetite. Meanwhile, U.S. employment data and inflation reports from the Eurozonewill be in the spotlight.Last week, Trump’s formal tariff announcement and the Personal Consumption Expenditures (PCE) report coming in above expectations triggered a wave of selling in global markets. Concerns that high inflation may persist in the U.S. could push back expectations for Fed rate cuts.This week’s Non-Farm Payrolls (NFP) data and the ISM Manufacturing and Services Indexes will provide key insights into the health of the U.S. economy. The unemployment rate is expected to remain steady at 4.1%, while job growth is projected to slow.In Europe, the European Commission’s plan to impose €26 billion in tariffs on U.S. goods stands out as a major development. The first phase, to take effect on Tuesday, will apply €8 billion in import duties. This move is creating pressure particularly in the automotive, industrial, and healthcare sectors. Germany’s inflation data (due Monday) and the Eurozone inflation report (due Wednesday) will be key for the European Central Bank’s (ECB) interest rate decisions. Annual inflation in February was 2.3%, and it's expected to decline to 2.2% in March.In Asia, the Reserve Bank of Australia’s interest rate decision will be closely watched. Although the bank lowered rates to 4.1% in February, no additional cut is expected this week. Despite inflation dropping to 2.4%, rates are likely to remain unchanged due to still-low unemployment.In summary, Trump’s additional tariffs and global trade tensions continue to create uncertainty in markets. U.S. employment data and inflation indicators will offer clues about the Fed’s monetary policy, while European trade policies and economic indicators will also be closely monitored.Top Companies by Market Cap and Share PriceApple (AAPL) → $3.27T market cap, $217.90/share, ▼ 2.66%Microsoft (MSFT) → $2.82T market cap, $378.80/share, ▼ 3.02%NVIDIA (NVDA) → $2.68T market cap, $109.67/share, ▼ 1.58%Amazon (AMZN) → $2.04T market cap, $192.72/share, ▼ 4.29%Alphabet (GOOG) → $1.89T market cap, $156.06/share, ▼ 4.89%Precious Metals and Exchange RatesGold: 3,801 TLSilver: 41.58 TLPlatinum: 1,213 TLUSD: 37.92 TLEUR: 41.02 TLSee you again tomorrow with the latest updates!

Aptos (APT) Technical AnalysisAptos (APT) has been moving within a downward channel for an extended period and is currently trading quite close to the bottom of this structure. The chart shows that the price is touching a region that has previously acted as strong support, while still facing significant resistance levels above. This means that although APT remains under pressure in the bigger picture, a potential recovery from these levels could present serious opportunities. APT Support Area The current price is around $5.25, and this region was tested multiple times in the last quarter of the previous year. Each time, notable buying reactions followed. Therefore, whether a similar reaction will occur again is of great importance to investors.Support and Resistance LevelsSupport Zones:$5.00 – $4.70: Main support lineClosures below this area could significantly damage market sentiment and accelerate the decline.Resistance Zones:$6.42 – First short-term resistance$7.23 – $7.58 – Medium-term resistance zone$8.67 – $9.92 – Strong reaction zones from the past$10.40 – $12.06 – Major resistanceAs long as there are no daily closures below $4.70, upward attempts remain technically on the table.If the price manages to hold above the $5.00 – $4.70 band, a recovery from this zone could target $6.42 as the first stop. In a stronger scenario, the price may gain momentum toward the $7.58 – $8.67 range. However, if this support area breaks to the downside, a scenario emerges where both technical and psychological supports are breached, deepening the pressure.In conclusion, Aptos is currently positioned at a critical support zone from a technical standpoint. This area has worked previously and is now being retested. The chart offers potential opportunities for patient investors while also signaling the need for caution.Disclaimer: This analysis does not constitute investment advice. It focuses on support and resistance levels that may present short- and medium-term trading opportunities based on market conditions. Trading and risk management decisions are entirely the responsibility of the user. Using stop-loss orders is strongly recommended.

XRP (Ripple) Technical Analysis: Is the Triangle Squeeze Ready to Break?In recent weeks, XRP Coin has been trading within an increasingly narrow price range. A major move could be imminent, as XRP is currently moving within a classic symmetrical triangle formation, which typically begins with quiet consolidation and ends with sharp breakouts. XRP Narrowing Triangle Formation Key Support and Resistance LevelsSupport Zones:$2.0764$1.8480 – $1.7729$1.5593 – Major supportResistance Zones:$2.3330 – $2.4318$2.6948$3.2000 – Major resistanceAt this point, there are several key levels that investors should closely monitor. In particular, daily closes above $2.43could confirm an upward breakout. In such a scenario, the price may first test $2.69, followed by broader targets like $3.20.On the other hand, if the price drops below $2.07, a downward breakout may come into play, with the $1.84 – $1.77 range acting as the first support zone. In the case of a deeper correction, the $1.55 level could come into focus.This means XRP is approaching a true decision point. The market has not yet chosen a clear direction—up or down. However, such indecision typically doesn’t last long. In technical patterns like this, once direction becomes clear, the move is often sharp and fast.For patient investors, these kinds of zones can present opportunities—but they also demand caution. Acting before a breakout is confirmed carries risk, but taking a position at the right level can provide a significant advantage.Disclaimer: This analysis does not constitute investment advice. It focuses on support and resistance levels that may offer trading opportunities under current market conditions in the short and medium term. Trading and risk management decisions are entirely the responsibility of the user. The use of stop-loss orders is strongly recommended.

Sui (SUI) Technical Analysis: The Rising Channel Holds, Critical Support in Play Sui has shown an impressive bullish performance in recent months and is now attempting to stabilize. Despite market-wide pullbacks, SUI continues to maintain its long-term rising channel structure. This is an encouraging sign for many investors because as long as a strong trend remains intact, every pullback is merely a correction. SUI Ascending Channel Formation Currently, the price is trading at 2.3984, a significant level both technically and psychologically. This area aligns with the midline of the rising channel seen on the chart. Previously, buyers have stepped in around this zone, indicating its importance as a support level. The 2.1050 – 2.3333 range is a key support zone where buyers are actively defending the price. If this level holds, SUI Coin could initiate a move toward the 3.01 resistance. A breakout above this level could open the door for a stronger uptrend. Support and Resistance Levels Support Zones: 2.3333 – 2.1050 : The current support zone where the price is trying to hold. 1.5762 : The lower boundary of the rising channel. 1.1802 – 1.0648 : A major long-term support area. Resistance Zones: 3.0109 : The recent peak and first major resistance. 4.5000 : The target zone at the upper band of the channel. 5.5000 – 7.0000 : A broader resistance area where strong price movements could occur. The 2.16 – 2.33 range is the most critical support zone at the moment. This level has acted as support in the past and aligns with the midline of the rising channel, making it a crucial area for traders looking to open new positions. If the price holds above this support, the first target would be 3.01. A breakout above this level could lead to a broader rally toward 4.50. On the other hand, if the price closes below 1.57, it could signal a breakdown of the rising channel structure. This would be an important level for stop-loss planning, especially for long-term investors. In conclusion, SUI remains in a technically positive structure. Although short-term fluctuations may occur, the long-term rising channel is still intact, providing a strong technical foundation. Maintaining the current support zone is crucial for the price to retest key resistance levels. In a period of market uncertainty, seeing a coin with such a clear channel structure can be reassuring. However, risk management is essential, as even strong technical setups can experience unexpected movements. Disclaimer:This analysis does not constitute investment advice. It focuses on support and resistance levels that may present potential short- to mid-term trading opportunities depending on market conditions. However, all responsibility for trading decisions and risk management lies entirely with the user. The use of stop-loss orders is strongly recommended for any trade setup shared.

Surprise Move from South Carolina: State Treasury Investment in Bitcoin on the WayThe state of South Carolina is preparing to invest public funds in Bitcoin. A bill proposed by State Representative Jordan Pace suggests allocating 10% of the state budget to digital assets, with a focus on Bitcoin.Titled the "Strategic Digital Asset Reserve Act," the proposal sets a maximum limit of 1 million BTC for Bitcoin purchases and includes measures such as cold wallet storage, audit mechanisms, and regular reporting to ensure investment security. While Bitcoin is the initial focus, the bill hints that other digital assets may also be included in the future.Representative Pace stated that this move aims to make the state's economic reserves more resilient against inflation.South Carolina Is Not Alone in Seeing Bitcoin as a Reserve AssetThis proposal is part of a broader trend across the U.S. Donald Trump previously approved a plan to convert crypto assets seized from crimes into a national Bitcoin reserve. Shortly afterward, Senator Cynthia Lummis submitted a bill to Congress aiming to establish a federal reserve of 1 million BTC.South Carolina’s plan also introduces limitations, such as ensuring the Bitcoin investment does not exceed 3% of the total portfolio.What Are Other States Doing?Many states across the U.S. are exploring ways to incorporate digital assets into public finance:Texas has been one of the fastest movers, already passing a Bitcoin reserve law.Arizona and Oklahoma have enacted regulations for managing crypto assets seized from crimes.Kentucky is supporting the mining industry through tax incentives.In contrast, Wyoming, Montana, North Dakota, South Dakota, and Pennsylvania have temporarily backed away from similar initiatives, citing market volatility as the main concern.With this move, South Carolina has further strengthened the notion that Bitcoin can have a place in state treasuries. The presence of cryptocurrencies in public budgets is no longer just a concept—it is rapidly becoming the subject of concrete policy-making.
