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USDC Became the First Dollar-Based Stablecoin Approved in Japan
There has been a major development in the cryptocurrency world: USDC has become the first dollar-denominated stablecoin to be approved in Japan. Stablecoin issuer Circle announced this development, stating that SBI Holdings will be the first and only firm to offer USDC to Japanese investors.This move is seen as one of the important steps Japan has taken in terms of cryptocurrency regulations. The regulatory approval of USDC, one of the world's largest stablecoins, in Japan could mark the beginning of a new era for both the stablecoin market and the overall crypto ecosystem.USDC and Stablecoin Regulations in JapanJapan is one of the countries with the strictest financial regulations in the world. The Stablecoin Law, enacted in June 2022, aimed to safeguard the rights of investors by defining digital assets as a financial instrument backed by legal tender.This law:States that stablecoins can only be issued by licensed banks, registered money transfer agencies or trust companies.It requires stablecoins to be pegged to yen or another fiat currency.It gives stablecoin holders the right to convert their assets into cash at par value.These regulations suggest that Japan wants to bring more transparency and security to the stablecoin market. The regulatory approval of USDC in Japan could be a critical milestone in the development of the country’s stablecoin market.How Will USDC Be Used in Japan?USDC will be offered to Japanese investors through a listing by SBI Holdings. SBI will open USDC trading to a limited number of users starting March 12, with plans to launch a full-scale launch later.The approval of USDC as the first and only global dollar stablecoin in Japan is significant for several reasons:Financial Stability: Japanese investors will now have secure and regulated access to a stablecoin denominated in the US dollar.Crypto Adoption: The approval of USDC could lead to greater adoption of stablecoins and crypto assets in general in the Japanese financial ecosystem.Regulatory Compliance: Circle stands out as the first stablecoin issuer to fully comply with strict regulations in Japan.What Does This Development Mean for Crypto Markets?The approval of USDC in Japan is a significant development that will affect not only Japanese investors but also the global crypto market.Global Stablecoin Competition: How other stablecoins like Tether (USDT) will react to this development in Japan is a matter of curiosity.A New Door for Institutional Investors: Financial institutions in Japan may start to see USDC as a reliable digital dollar alternative.A Model for More Countries: Japan’s regulations could become a model for stablecoin regulations in other countries.Circle’s Chief Strategy Officer Dante Disparte described Japan’s stablecoin law as “smart policy and a balancing approach.” According to Disparte, such legal frameworks could make the stablecoin ecosystem more reliable globally.USDC Approval in Japan Could Be the Beginning of a New EraJapan’s approval of USDC is not just limited to the launch of a stablecoin in a country. It is also an indicator of how regulated and secure stablecoins can gain a place in the financial system.USDC became the first dollar-pegged stablecoin to be officially approved in Japan.This development will allow Japanese investors to safely enter the stablecoin market.Other countries around the world can take inspiration from Japan’s stablecoin regulations.How Japan will guide other crypto projects with its stablecoin regulations in the coming period is of great importance for the global crypto ecosystem.Author: Besim Şen
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4 Mar 2025
BlackRock CEO Larry Fink: "If there is a big drop, investors should buy!"
One of the most influential names in global financial markets, BlackRock CEO Larry Fink, made statements that resonated in the investment world. Fink called for evaluating opportunities against volatility in the markets by saying, “If there is a big drop, investors should buy.” These statements, which come at a time when expectations for Bitcoin and cryptocurrency markets are increasing, are a critical roadmap for investors.“I Expect a Lot of Volatility in the Next 6 Months”Fink predicted that fluctuations in the markets would increase and stated that he expected a lot of volatility in the next 6 months. He stated that factors such as global economic uncertainties, central bank interest rate policies and geopolitical developments would lead to major fluctuations in the markets. However, Fink emphasized that such fluctuations offer opportunities for smart investors.A Strategic View of BitcoinFink’s statements are considered as part of a large investment strategy, especially for Bitcoin and crypto markets. The increasing adoption of Bitcoin by large institutional investors is increasing market volatility. Fink hinted that Bitcoin could be a strong store of value in the long term, and that declines present a buying opportunity. The approval of BlackRock's Bitcoin ETF and the increasing interest of institutional investors in this area show how important Fink's statements are.Important Messages for InvestorsFink's words contain important tips for investors:See market declines as an opportunity: It is known that large investors make long-term profits by buying in sharp declines.Be prepared for volatility: Major fluctuations are expected in financial markets over the next 6 months.Institutional adoption of Bitcoin is increasing: Major fund managers such as BlackRock see Bitcoin as a serious investment vehicle, and this increases confidence in the market.As a result, Larry Fink's statements carry important signals, especially for those who invest in Bitcoin and crypto markets. Although market fluctuations seem risky, they can offer great profit opportunities for strategic and patient investors. The investment world will be closely following what will happen in the next 6 months!Author: Besim Sen
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4 Mar 2025
White House Crypto Summit: Industry Giants Come Together
The crypto world is focused on the White House Crypto Summit to be held in Washington DC on March 7. This important event, led by President Donald Trump, will be a critical meeting that is expected to shape the future of digital assets and blockchain technology. The participation of MicroStrategy founder Michael Saylor and Coinbase CEO Brian Armstrong in particular is an indication of how important the summit is for the cryptocurrency sector.Michael Saylor is a name known for his belief in Bitcoin and MicroStrategy's billions of dollars in BTC investments. His presence at the White House carries a big message in terms of institutional adoption of Bitcoin. Saylor's meetings with government officials could lead to significant changes in the US's attitude towards Bitcoin.On the other hand, the fact that Coinbase CEO Brian Armstrong will also be at the summit is of great importance in terms of regulatory frameworks and the future of crypto markets. As one of the world's largest cryptocurrency exchanges, Coinbase is one of the companies directly affected by regulations in the US. Armstrong is expected to give important messages, especially about the legal processes with the SEC and the future of cryptocurrency exchanges.In addition to these two names, it was reported that Chainlink co-founder Sergey Nazarov and many other important crypto figures will also attend the summit. The gathering of the giant names of the crypto industry in the White House gives strong signals that the US's digital asset policies may be reshaped. The summit is expected to address issues such as stablecoin regulations, decentralized finance (DeFi), CBDCs and the role of Bitcoin in the global economy.While it is eagerly awaited what kind of policy the Trump administration will follow towards cryptocurrencies, this summit on March 7 could be a historic turning point for the sector. All eyes will be on the statements to be made by Michael Saylor and Brian Armstrong. The results of this summit, which is expected to be decisive in terms of regulations and institutional adoption in the crypto ecosystem, will have a direct impact on the markets.Author: Besim Şen
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4 Mar 2025
Trump Addressed Congress: 'Golden Age for America'
US President Donald Trump made important statements on the economy, trade and foreign policy in his historic speech to a joint session of Congress on March 5, 2025. The speech, which lasted 1 hour and 40 minutes, was recorded as one of the longest speeches made by US presidents before Congress. Trump focused on economic and trade policies, giving striking messages about new tariffs, productivity-enhancing reforms and international diplomacy.Economy: ‘Rescue’ and Support for Working FamiliesTrump stated that the US economy was entering a recovery process and that inflation was under control. Blaming the Biden administration for economic problems, Trump said, “I am fighting every day to make America livable again.”Following Trump’s Statements:Positive movements were seen in US stock markets.The dollar followed a volatile course in international markets.Criticisms of Trump’s trade policies came from China and Europe.Trump’s speech had a great impact in terms of its effects on the economy, trade and international relations. It is eagerly awaited how these policies will be reflected in the markets and US domestic politics in the coming months.Determination on TariffsTrump has made it clear that he will not back down on tariffs despite the volatility in the markets. Stating that the US aims to collect trillions from import duties, Trump emphasized his determination by saying, “Tariffs are about making America rich again and making America great again.” While the 25% tax on goods coming from Mexico and Canada has come into effect, an additional 10% tax has been imposed on goods imported from China. Trump also stated that the US will continue its plan for reciprocal tariffs that match other countries.Tax PoliciesTrump argued that overtime pay and Social Security benefits should not be taxed. He also suggested that interest payments on American-made cars should be tax deductible. However, it seems unlikely that Trump’s tax policies will be easy to pass in a divided House of Representatives.Sharp Criticism of Global Trade PoliciesTrump targeted countries such as the European Union (EU), India, Mexico and Brazil, claiming that some countries were implementing "unfair" trade practices against the US. He announced that the US would implement "reciprocal tariffs" starting on April 2. He announced his new trade policies by saying, "We will tax them the way they tax us."Trade War Between the US and ChinaThe Trump administration increased the 10 percent customs duty on imports from China to 20 percent. While China was expected to increase tariffs on US products in retaliation, Trump argued that this policy would revitalize the US economy and manufacturing sector.New Customs Duties: 'There Will Be a Small Shock'Trump imposed a 25 percent customs duty on Mexican and Canadian products and a 20 percent customs duty on Chinese products. While there were concerns about the impact of these policies on the American economy, Trump said, "Tariffs are necessary to make America rich again." However, Trump, who had difficulty in receiving applause due to the harsh reactions especially from Canada and Mexico, made light of the situation by saying, “There will be a little shake-up, but it’s okay.”Elon Musk and Government EfficiencyTrump announced that he established a new department in order to prevent waste in the government and appointed Elon Musk to head this department. Stating that Musk would increase government efficiency by reducing federal spending, Trump indicated a major reform process by saying, “This is just the beginning.”“Thank you, Elon!”Trump praised Elon Musk, the world’s richest businessman and CEO of Tesla and SpaceX, for his initiative to cut government spending and increase efficiency. The team led by Musk laid off tens of thousands of federal employees, cut billions of dollars in foreign aid, and canceled many government programs. Trump made the Republicans in the hall laugh by saying, “Everybody here, even this side (referring to Democrats) appreciates it, but they don’t want to admit it.” However, Democratic deputies reacted to this situation by holding banners reading "Thief Musk"."Important" Letter from ZelenskyTrump stated that he received a letter from Ukrainian President Volodymyr Zelensky and said that "Ukraine is ready to come to the negotiating table as soon as possible to achieve lasting peace." He also said that Ukraine is ready to sign the mining agreement.Egg Prices and Inflation: Is Biden Responsible?Trump blamed the administration of former US President Joe Biden for inflation and especially rising food prices. Saying that "Joe Biden allowed egg prices in particular to get out of control," Trump admitted that this increase was due to the deaths of millions of chickens due to bird flul, but turned to the agriculture minister and said, “Do a good job on this.”Will He Buy Greenland?Trump said the US would “somehow” acquire Greenland and announced plans to annex it to US territory. He emphasized the strategic importance of the region to NATO, saying, “We will keep you safe, we will make you rich, and we will take Greenland to levels you can’t even imagine.”Drug Smuggling and Border SecurityTrump praised Mexico’s efforts to extradite cartel leaders to the US, but called for more action on fentanyl smuggling. He called on Congress to pass a bill that would increase border security and reduce drug trafficking.Foreign Enemies and International PoliciesTrump devoted little space to foreign policy in his speech. He said Ukrainian President Volodymyr Zelenskiy was ready to sign a rare earths agreement with the US. However, he also expressed his discomfort with American aid to Ukraine. Trump, who made only a cursory reference to the Israel-Hamas war, did not make a clear statement about the US role in the region.Reply of Representative Al Green from the HouseDemocratic Representative Al Green was removed from the chamber by security guards on the orders of House Speaker Mike Johnson while protesting Trump's speech. Green interrupted his speech by shouting that Trump had no authority to cut the Medicaid program. Other Democrats held silent protests by holding banners.English Declared the Official Language of the USTrump announced that he had declared English the official language of the US. While this decision was seen as a great victory by conservatives, it was met with backlash by some.Citizenship Sale with $5 Million 'Gold Card'Trump announced that he planned to sell US citizenship with the 'Gold Card' application for $5 million. This system aims to attract high-income investors to the US.Panama Canal and Greenland MessageTrump said that they want to take back the Panama Canal and that he is considering annexing Greenland to the US. These statements had a great impact in the international arena.ConclusionDonald Trump's speech to Congress attracted attention with its length and content. He made ambitious statements on many issues from tax policies to foreign policy, from government reforms to trade wars. However, most of the speech was aimed at pleasing the Republican base and lacked messages of bipartisan consensus. The harsh protests of the Democrats and the removal of Al Green from the House were recorded as one of the most striking moments of the speech.
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4 Mar 2025
Daily Market Summary with JrKripto 4 March 2025
You can access the "Daily Market with JR Crypto" summary below, where we compile daily important developments in cryptocurrency, global and local markets.Let's analyze the general situation in the markets together and take a look at the most up-to-date evaluations.Bitcoin (BTC) touched the horizontal support area of $ 79,100 - $ 80,763 and the long-term rising trend line. At the same time, the 200-day moving average is in this area, strengthening the support. If the price holds at this level, the levels of $ 85,600 and $ 90,700 can be tested again. However, if support is lost, the next critical area will be the $ 74,100 - $ 74,200 band. The price movement at this support level in the coming days will be decisive in terms of the general direction of the market.Ethereum (ETH) is trading close to the long-term rising trend support and the lower band of the symmetrical triangle. If the $ 2,000 support area is maintained, the possibility of an upward recovery increases. However, if this area is lost, a pullback towards the $1,900 level may be seen. In upward movements, the $2,250 and $2,534 levels are critical resistance points, and if they are overcome, it may gain momentum towards the $2,721 and $3,000 levels. ETH's direction will depend on the price action at these support levels.Crypto NewsBitwise files Dogecoin ETF application with NYSE.SEC delays converting Bitwise 10 Crypto Index fund into ETF. (BTC, ETH, XRP, SOL, ADA, LTC, LINK, SUI, AVAX and DOT)Michael Saylor says Bitcoin's market value will "hit $20 trillion, then $200 trillion".SEC agrees to drop lawsuit against cryptocurrency exchange Kraken.Synthetix to Partner with Ethena on New Staking Mechanism, Offer Higher Yields, and Launch Token BuybacksCryptocurrenciesTop RisersAIC → Up 10.2% to $0.28107096.GPS → Up 9.0% to $0.14611701.DRIFT → Up 4.7% to $0.70388913.GPRO → Up 4.4% to $42.86.PAXG → Up 1.7% to $2,918.62.Top FallersFARTCOIN → Down 33.6% to $0.23140834.AI16Z → Down 32.3% to $0.29402381.WEMIX → fell 27.3% to $0.43424559.KAITO → fell 25.8% to $1.52.IP → fell 24.9% to $5.10.Global MarketsThe markets experienced a sharp decline after US President Donald Trump announced that he would impose 25% tariffs on Canada and Mexico and 20% tariffs on China. Stock indices experienced a sell-off due to growth concerns. The S&P 500 lost 1.76%, the Dow Jones lost 1.48%, and the Nasdaq lost 2.64%.The ISM Manufacturing Index in the US fell to 47.8, signaling a contraction. The new orders index fell to 48.6 after three months of growth, and the production index fell to 50.7. The price index rose to 62.4. The employment index also entered the contraction zone, reaching 47.6. The Atlanta Fed predicted that the US economy would shrink by 2.8% in the first quarter.Only 4 of the 11 sectors in the S&P 500 index finished the day positive. Technology lost 3.52%, energy 3.51%, consumption 2.31%, and the raw materials sector 2.09%. Real estate, basic consumption, healthcare and infrastructure sectors showed slight increases.In the oil market, OPEC+ members announced that they will increase production starting in April. An additional 2.2 million barrels of production per day are planned in the next 18 months. With this announcement, oil prices fell by more than 2%.While Asian markets are on a mixed course, European stock exchanges are expected to start the day with a loss of value.Most Valuable Companies and Stock PricesApple (AAPL) → Market value $3.58T, price per share $238.03, -1.58% daily decrease.Microsoft (MSFT) → Market value $2.89T, price per share $388.49, -2.14% decrease per day.NVIDIA (NVDA) → Market value $2.78T, price per share $114.06, -8.69% decrease per day.Amazon (AMZN) → Market value $2.17T, price per share $205.02, -3.42% decrease per day.Alphabet (GOOG) → Market value $2.04T, price per share $168.66, -2.07% decrease per day.Borsa IstanbulIn February, consumer inflation (CPI) was 2.27% monthly, below market expectations (around 3.0%), while annual inflation fell 3.1 points to 39.05% due to the base effect. Thus, it fell to its lowest level since June 2023. While the total price increase in the first two months was 7.42%, the decline in core inflation indicators continued. While these data opened up space for the TCMB to cut interest rates by 250 basis points in March, April and June, it may need to act more cautiously starting in July.On the manufacturing industry side, the Istanbul Chamber of Industry (ISO) Turkey Manufacturing Purchasing Managers Index (PMI) increased by 0.3 points in February to 48.3. However, this level shows that the sector is still in contraction. In particular, the slowdown in exports caused a decline in total orders, which will lead to industrial production at the end of 2024It caused the index to display a weaker outlook compared to the previous year.On the stock market side, following the strong rise in banking stocks following the inflation data that came in lower than expected, the BIST-100 index closed the day with a 2.6% increase. However, it could not maintain the 10,000 point level during the day. The cash dividend announcements of the banks also increased the risk appetite in the markets. The markets are now focused on the CBRT interest rate decision to be announced on March 6, and the general expectation is for a 250 basis point interest rate cut.Technically, while the BIST-100 index closed at 9,911 yesterday with strong purchases, climbing above the 21 and 50-day moving averages could support the index's movement above the 10,000 level. If closings above the 9,895 level continue, the index can be expected to head towards the 10,121-10,276 band.Stocks That Gained the Most:DAGHL → increased by 9.99% to 33.02 TL.KSTUR → increased by 9.95% to 4,640.00 TL.PAPIL → increased by 9.94% to 15.93 TL.VSNMD → increased by 9.93% to 124.00 TL.EKIZ → increased by 9.91% to 60.45 TL.Stocks That Gained the Most:ESEN → decreased by -9.99% to 31.88 TL.NATEN → decreased by -9.99% to 59.45 TL.ICUGS → decreased by -9.98% to 15.42 TL.BALSU → decreased by -9.32% to 17.51 TL.KLYPV → decreased by -9.09% to 64.00 TL.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 968.15 billion TL market value, 288.00 TL per share price, -0.35% decrease.Türkiye Garanti Bankası (GARAN) → 577.5 billion TL market value, 137.0 TL per share price, -0.36% decrease.Aselsan Elektronik Sanayi (ASELS) → 447.11 billion TL market value, 100.60 TL per share price, +2.60% increase.Turkish Airlines (THYAO) → 434.01 billion TL market value, 316.25 TL per share price, +0.56% increase.Koç Holding (KCHOL) → 387.99 billion TL market value, 152.8 TL per share, -0.13% decrease.Precious Metals and Currency PricesGold: 3383 TLSilver: 37.36 TLPlatinum: 1127 TLDollar: 36.43 TLEuro: 38.21 TLHoping to meet again tomorrow with the latest news!Author: Besim Şen
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3 Mar 2025
The Future of Bitcoin: The Massive Growth Foreseen by Saylor
BTCOne of the most ambitious predictions about Bitcoin's future market value came from MicroStrategy founder Michael Saylor. Saylor predicts that Bitcoin's market value will reach $200 trillion in the long term. This figure means a more than 100-fold increase from Bitcoin's current market value of approximately $1.7 trillion. Is this possible?Today, Bitcoin is still seen as a small player in the financial markets. For comparison, the market value of gold is around $19 trillion. If Saylor's prediction comes true, Bitcoin will overtake gold and become one of the world's largest financial assets. According to this prediction, Bitcoin's price could reach millions of dollars.How can this growth happen? According to Saylor, Bitcoin's average growth of 20% per year is sufficient. In addition, increasing institutional and government-based purchases, such as the US's plan to create a strategic crypto reserve, will support this growth. Bitcoin's limited supply and protection against inflation increase its appeal to investors.However, there are obstacles to this growth journey. Regulatory uncertainties, market volatility, and the adoption process of large financial institutions may affect Bitcoin’s progress. However, the increasing adoption rate increases the possibility of Bitcoin being a strong asset class in the long term.In conclusion, while Bitcoin reaching a market value of $200 trillion may seem like a wild guess today, major changes in the financial world are always possible. With increasing institutional investments and a clearer regulatory framework in the coming years, Bitcoin could play a much larger role in financial markets.Author: Besim Şen
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3 Mar 2025
Binance Introduces Stablecoin Restrictions in Europe
First of all, it should be noted that this application will only be valid in countries that are members of the European Union. Since MiCA regulations cover countries that are members of the European Union, there is no change for investors living in countries that are not members of the EU. In other words, Binance's stablecoin policy will continue in the same way for investors living in Türkiye. However, investors using Binance in the EU will need to comply with the new regulationsNew regulations in the cryptocurrency market directly affect investors and exchanges. The European Union's Crypto Asset Markets Regulation (MiCA) introduces new rules for stablecoins. In this context, Binance announced that it will remove stablecoins that are not compatible with MiCA from the list for users in Europe. The affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.So, what does this move mean? What should investors holding USDT, USDC, and other stablecoins do?What is MiCA and Binance's MoveMiCA (Markets in Crypto-Assets) is a comprehensive regulation of the European Union aimed at regulating the cryptocurrency market. This regulation imposes strict conditions especially on stablecoin issuers. Exchanges in Europe must also comply with these new rules.Binance is preparing to delist stablecoins that are not MiCA-compliant in order to continue to serve the European market. This could lead to serious changes in the stablecoin market and require new strategies for investors.1. "I trade with USDT, should I sell it?"If you are using Binance in the European region, the delisting of some stablecoins such as USDT may affect you. However, this does not mean that USDT will disappear completely. Binance will most likely support stablecoins that are MiCA-compliant as an alternative.What should you do?Follow Binance's announcements.Alternatively, consider switching to MiCA-compliant stablecoins (for example, EUR-based stablecoins or regulated assets like USDC).If you have a long-term investment strategy and are using USDT on other platforms, evaluate the situation before panic selling.For non-MiCA-compliant stablecoins, the custody functions will be preserved, and users will be able to deposit and withdraw these assets at any time.2. "My cash is in USDT, what should I do?"The delisting of USDT does not directly mean that your money will be lost. However, trading options may be reduced.Alternatives:Follow the new stablecoins that Binance will support.You can convert your USDT directly to fiat currencies (such as EUR, USDC).3. "I have open futures positions, what should I do?"Binance has not clearly stated whether it will continue to support USDT-based pairs in futures. However, the following possibilities should be considered:If Binance becomes fully MiCA compliant, new stablecoin pairs may be created for futures.If you have open positions, follow Binance's announcements carefully. There may be options such as closing positions or switching to different stablecoins.Among the options, Binance can automatically convert users' relevant assets and liabilities to USDC and cancel all pending orders. We will be following the announcements closely.Strategies for Regular InvestorsInvestors trading in Europe can follow these steps to minimize the impact of stablecoin regulations:Follow Updates: Follow Binance's announcements and MiCA-related developments closely.Evaluate Alternative Stablecoins: Evaluate options for switching to new MiCA-compliant stablecoins.Define a Periodic Transition Strategy: You can be prepared for possible changes by holding assets in both USDT and alternative stablecoins for a while.Don’t panic: Regulations are made to make markets more reliable in the long term. Instead of making snap decisions, evaluate your current options.Binance’s move to delist non-MiCA-compliant stablecoins is a significant change for crypto investors in Europe. However, this does not mean that the stablecoin market will disappear completely. New alternatives will emerge and investors should adapt to this new era. The best strategy is to follow developments closely, make informed decisions and evaluate your investments with a long-term perspective.Author: Besim Şen
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3 Mar 2025
David Sacks Liquidated Crypto Assets Under Trump Administration
David Sacks, appointed by US President Donald Trump as an advisor on artificial intelligence and cryptocurrency, announced that he sold all his digital assets such as Bitcoin, Ether and Solana before starting his term in the administration. This move aims to prevent conflicts of interest and ensure transparency in Sacks' new role.Who is David Sacks?David Sacks is a prominent name in the technology world and is one of the co-founders of PayPal. He is also the founder of venture capital firm Craft Ventures and has long been interested in the cryptocurrency sector. Sacks has described Bitcoin as "the evolution of money" and emphasized the potential of crypto assets in the financial system.White House Crypto Summit and the US's Vision for Crypto LeadershipSacks will chair the first White House Crypto Summit to be held next week. This summit aims to bring together crypto industry leaders and the Presidential Digital Assets Working Group to support the US's goal of becoming a global leader in the cryptocurrency sector. The summit will focus on developing clear regulatory guidelines for the sector and encouraging innovation.Avoiding Conflicts of Interest and TransparencySacks’s sale of his personal crypto assets is seen as an effort to avoid potential conflicts of interest in his new role. Although his venture capital firm Craft Ventures continues to invest in crypto startups, Sacks and his company have divested themselves of their crypto assets directly.David Sacks’ new role in the White House and the sale of his personal crypto assets reflect the US’s leadership goal in the cryptocurrency sector and its principle of transparency. The upcoming White House Crypto Summit will be an important step in determining the future of the sector and regulatory frameworks.Author: Besim Şen
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3 Mar 2025
MetaPlanet Continues to Make Bitcoin Purchases
Japanese investment giant MetaPlanet continues its interest in Bitcoin. With the latest purchase, the company purchased an additional 156 BTC worth $13.4 million. Thus, its total Bitcoin holdings reached 2,391 BTC. This shows that the company sees market pullbacks as a strategic opportunity. MetaPlanet ranks 14th among public companies holding Bitcoin. While MicroStrategy (214,246 BTC) is in the leader's seat, MetaPlanet has made a rapid entry into the list with 2,391 BTC.Why Is MetaPlanet Buying Bitcoin?MetaPlanet stands out as one of the institutional companies that has been accumulating more and more Bitcoin recently. The company's goal is to use Bitcoin as a long-term store of value. This move is seen as similar to the Bitcoin strategy followed by MicroStrategy. The company states that it sees Bitcoin as a hedge against inflation and considers it as digital gold. The latest purchases are being interpreted as part of a strategy to accumulate Bitcoin at low levels during market corrections.MetaPlanet purchased 156 BTC for $13.4 million at an average price of $85,890 per Bitcoin. As of March 3, MetaPlanet's total Bitcoin assets reached $196.3 million. The company's average cost basis is stated to be $82,100.Metaplanet's Financial Success and Stock PerformanceMetaPlanet's Bitcoin investments have also been positively reflected in the company's financial performance. The company, which has achieved a 31.8% BTC return since the beginning of the year, saw a 20% increase in its stocks on Monday. The company's shares are currently trading at 4,010 yen in Japan. This shows investors' confidence in the company's Bitcoin-focused strategy.MetaPlanet Considers Listing Outside JapanMetaPlanet CEO Simon Gerovich announced that the company has received invitations to list on the New York Stock Exchange (NYSE) and Nasdaq. Gerovich said in a statement on X (Twitter). “We are exploring the best ways to make MetaPlanet shares more accessible to investors worldwide.” The company aims to reach global investors by expanding outside of Japan.Gerovich also stated that MetaPlanet has a future built on the Bitcoin Standard and will continue to grow steadily in this direction. MetaPlanet’s move shows that Japanese companies can play a leading role in financial innovation and long-term value creation.MetaPlanet’s Long-Term Bitcoin StrategyMetaPlanet announced its Bitcoin treasury strategy in April 2024 and has been regularly purchasing BTC since then. The company said it aims to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. This demonstrates MetaPlanet’s long-term commitment to Bitcoin.The Bitcoin accumulation strategy follows a similar model to that followed by major firms like MicroStrategy. Crypto security firm Coinkite says that 78 companies worldwide currently hold Bitcoin in their institutional treasuries. The increasing popularity of exchange-traded funds (ETFs) is also accelerating institutional Bitcoin adoption.MetaPlanet’s Bitcoin purchases further increase institutional interest in digital assets. The company sees market declines as an opportunity and sees BTC as a long-term investment vehicle. Plans to expand to major exchanges like the NYSE and Nasdaq also show that MetaPlanet aims to become a global player.As Bitcoin adoption increases, institutional companies’ BTC strategies will continue to attract more investors. MetaPlanet’s aggressive Bitcoin strategy could lead major financial institutions to follow suit in the coming years.Author: Besim Şen
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3 Mar 2025
SEC Dismissed Its Case Against Kraken
The US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Kraken, one of the largest cryptocurrency exchanges in the US. This development is seen as both a major victory for Kraken and a significant turning point for the cryptocurrency industry.The SEC had accused Kraken of operating as an unregistered securities exchange and had filed a lawsuit against the company in November 2023. However, recent statements indicate that the case will no longer continue.Legal Process Between SEC and KrakenThe SEC had accused Kraken of making hundreds of millions of dollars by regulating the trading of 11 different crypto assets since 2018. The regulator argued that these assets should be considered securities.Kraken, on the other hand, objected to the lawsuit, stating that crypto assets are not securities and that exchanges should not be subject to traditional securities rules. During this process, the company did not make any settlements and refused to make any changes to its business model.In the end, the SEC decided to drop the case. This development is interpreted as a sign that the regulatory approach towards cryptocurrencies in the US is starting to soften.Biden Administration Policy and Trump's InfluenceThe cryptocurrency sector faced strict regulatory pressures during the Biden administration. The SEC took tough steps against many major crypto companies and followed a policy of tightening regulations.However, after the 2024 elections, changes began to occur in the US's crypto policies. With the re-election of Donald Trump, it seems that a more moderate policy has been adopted towards the crypto sector.The SEC's dropping of the Kraken case is considered one of the most concrete signs of this policy change. In fact, the appointment of Paul Atkins, known as a friend of digital assets, as the new chairman of the SEC has had a great impact in the sector.These developments may pave the way for clearer and fairer regulations in the crypto sector.Kraken's Statement: Victory AnnouncementKraken made an official statement after the SEC dropped the case. The company described this development as "an indication that the political pressure that has hindered innovation in the crypto sector has ended."Kraken's prominent statements:They stated that they did not accept any charges, will not pay any fines and will not change their business models.He emphasized that the crypto sector will continue to grow and that regulations should encourage innovation rather than hinder the sector.The Kraken CEO stated that the end of the SEC's pressure is a great gain for the sector and that crypto initiatives will be able to move more comfortably in the coming period.Kraken won its fight with the SEC and this is seen as a great victory in the crypto world. Crypto regulations in the US are evolving into a clearer and innovation-supporting structure.In the coming period, more crypto-friendly regulations and a greater trust environment in the markets are expected. This change, especially in the US, may also affect global crypto markets.Is this decision by the SEC a major turning point for the crypto sector or just the beginning? We will see its effects more clearly in the coming days.Author: Besim Sen
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3 Mar 2025
Daily Market Summary with JrKripto 3 March 2025
You can access the "Daily Market with JrKripto" summary, where we compile daily important developments in cryptocurrency, global and local markets, below.Come on, let's analyze the general situation in the markets together and take a look at the most up-to-date evaluations.Bitcoin (BTC) is currently trading at $92,600. According to technical analysis, $90,700 stands out as a strong support area. If the price drops below this level, the decline may accelerate and a pullback to $89,000 and below may occur. In upward movements, $96,000 is followed as a resistance point. If BTC exceeds this level and maintains its permanence above it, an upward movement towards $98,500 and above may be seen.Ethereum (ETH) is currently trading at $2,350. While the $2,260 level stands out as a support zone, if this level is broken, the risk of a pullback to $2,200 and below may increase. In upward movements, $2,550 stands out as a resistance point. If ETH breaks this level, it may gain strong momentum towards $2,650.Crypto NewsBinance will remove non-MiCA compatible stablecoin trading pairs from the list for European users today. The assets to be affected are; $USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG.Crypto Czar David Sacks said at the White House crypto summit that "more is coming".With the executive order issued by Trump, the Presidential Working Group was assigned for the Strategic Crypto Reserve, which will consist of XRP, SOL and ADA.Donald Trump announced that Bitcoin and Ether will also be included in the reserve.CryptocurrenciesTop GainersADA → up 47.4% to $0.97525725.FARTCOIN → up 38.4% to $0.3624395.SNEK → up 37.9% to $0.00461275.XCN → up 27.7% to $0.01959982.KET → up 23.3% to $0.37730994.Top FallersTRIBE → down 14.0% to $0.44380794.PNUT → down 12.3% to $0.21913815.IBERA → down 11.9% to $7.03.KAITO → down 10.9% to $2.02.BERA → fell 10.4% to $7.74.Data to Follow Today17:45 | 🇺🇸 US - Manufacturing Purchasing Managers Index (PMI) (February)Reported: 51.6Expected: 51.218:00 | 🇺🇸 US - ISM Manufacturing Purchasing Managers Index (PMI) (February)Reported: 50.6Expected: 50.9Global MarketsUS stock markets rose on the last trading day of the week with strong reaction purchases following the selling pressure created by weakness in consumer confidence and geopolitical developments. S&P 500 gained 1.59%, Nasdaq gained 1.63%, Dow Jones gained 1.39%. In the session where all sectors performed positively, the strongest gains were seen in the finance (2.07%), discretionary consumption (1.80%) and technology (1.71%) sectors.Personal consumption expenditure inflation (PCE) for January increased by 0.3% monthly, in line with expectations. On an annual basis, it decreased from 2.6% to 2.5%, reaching its lowest level since June. Personal income increased by 0.9%, above expectations (0.4%), while spending decreased by 0.2%.Markets will focus on economic data flow this week. While ISM PMI data is being followed today, the most important agenda of the week will be the Nonfarm Payrolls data to be released on Friday.In the US, the volatility indicator VIX index decreased from 21.1 to 19.6 on Friday, indicating that the risk perception in the markets has slightly decreased. European stock markets finished the week flat, rising by 3.3% on a monthly basis. Banking stocks in particular showed a strong performance.Most Valuable Companies and Stock PricesApple (AAPL) → Market value $3.63T, price per share $241.84, +1.91% daily increase.NVIDIA (NVDA) → Market value $3.05T, price per share $124.92, +3.97% daily increase.Microsoft (MSFT) → Market value $2.95T, price per share $396.99, +1.14% daily increase.Amazon (AMZN) → Market value $2.25T, price per share $212.28, +1.70% daily increase.Alphabet (GOOG) → Market value $2.09T, price per share $172.22, +1.18% daily increase.Borsa IstanbulTurkey's economy recorded 3% annual growth in the last quarter of 2024. This rate was in line with market expectations, with a strong increase of 1.7% on a quarterly basis. The main source of growth throughout the year was domestic demand. The growth rate, which was 5.1% in 2023, decreased to 3.2% in 2024.The unemployment rate decreased to 8.4% in January, while the broadly defined unemployment rate increased to 28.1%. The Services Producer Price Index (PPI) increased by 40.44% on an annual basis. The Central Bank of the Republic of Turkey (TCMB) reduced the growth limit for foreign currency loans to 0.5%. According to the data of the Istanbul Chamber of Commerce (ITO), retail prices increased by 45.35% and wholesale prices by 2.33% annually in February. According to the data announced by TÜRK-İŞ, the hunger threshold increased to 23,324 TL.The Treasury announced that it plans to borrow 713.9 billion TL domestically in return for 566.6 billion TL domestic debt service in the March-May period. In March, 124.7 billion TL domestic debt payment was made and 201.2 million TLIt is anticipated that domestic borrowing will be carried out in the amount of TL.Today, domestic inflation and Manufacturing Purchasing Managers Index (PMI) data for February will be announced. Consumer inflation increased by 5.03% in January and was 42.1% annually. In February, inflation is estimated to be 3% monthly and 40% annually. PMI had signaled a contraction by falling to 48.0 in January. A slight recovery is expected in February.Borsa Istanbul (BIST-100) closed Friday with a loss of 0.8% and February with a loss of 3.5%. Banking, gold mining and technology sectors were positively separated. The focus of the new week will be the inflation data to be announced at 10:00. A monthly inflation below 3% may have a positive impact on the markets. January results of the banking sector will also be followed.The BIST-100 index closed at 9659 points last week, while the 9594-9560 band is being monitored as a short-term support level. Staying below the 21- and 50-day averages (9761 and 9798) indicates a weak course. If the index rises above these levels, it can be expected to head towards the 9895-10,000 band. The "uptick" rule introduced for short selling transactions will continue today. Developments regarding the Russia-Ukraine ceasefire talks and US customs tariffs will be monitored abroad. BIST is expected to start the week flat.Stocks with the Most Increase:DOAS → increased by 10.00% to 190.30 TL.SEGY0 → increased by 10.00% to 5.50 TL.GMTAS → increased by 9.99% to 12.77 TL.KSTUR → increased by 9.97% to 4,220.00 TL.AKBNK → increased by 9.96% to 74.00 TL.The Stocks That Decreasing the Most:ESEN → decreased by -9.99% to 31.88 TL.NATEN → decreased by -9.99% to 59.45 TL.BALSU → decreased by -8.80% to 17.61 TL.GRSEL → decreased by -8.57% to 208.00 TL.SUNTK → decreased by -7.03% to 39.66 TL.The Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 917.9 billion TL market value, 290.00 TL per share, +5.84% increase.Garanti Bank of Turkey (GARAN) → 540.54 billion TL market value, 140.8 TL per share price, +9.40% increase.Aselsan Elektronik Sanayi (ASELS) → 426.13 billion TL market value, 97.85 TL per share price, +4.71% increase.Turkish Airlines (THYAO) → 425.38 billion TL market value, 319.00 TL per share price, +3.49% increase.Koç Holding (KCHOL) → 386.47 billion TL market value, 155.4 TL per share price, +1.97% increase.Precious Metals and Currency PricesGold: 3463 TLSilver: 36.51 TLPlatinum: 1115 TLDollar: 36.52 TLEuro: 38.08 TLHoping to meet again tomorrow with the latest news!Author: Besim Şen
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2 Mar 2025
Donald Trump: "Tomorrow Night Will Be Big!"
In recent days, US President Donald Trump's social media posts and upcoming events have indicated great movement in the cryptocurrency markets. In particular, Trump's mysterious message that "Tomorrow night is going to be big" and the first crypto summit to be held at the White House on March 7 have become the focus of investors.Trump's Mysterious Message: "Tomorrow Night Is Going to Be Big"President Trump used the expressions in his social media account, "Tomorrow night is going to be big. I'll tell it like it is!" This statement has aroused great curiosity in the public and caused various speculations.March 7 Crypto Summit: US Digital Asset Strategy Takes ShapeThe Trump administration will host a crypto summit for the first time at the White House on March 7, 2025. At this event, leading figures in the crypto industry, policymakers and regulatory agency representatives will come together to discuss the US's digital asset strategy. The summit will discuss important topics such as stablecoins, Bitcoin's role in the financial system, and the US's position in global crypto competition.According to President Trump's announcement, the Crypto Strategic Reserve that the US plans to create will be centered on Bitcoin (BTC) and Ethereum (ETH). Trump emphasized the strategic importance of these two assets by saying, "I love Bitcoin and Ethereum too! And of course, BTC and ETH, like other valuable cryptocurrencies, will be at the center of the Reserve." These statements show that BTC and ETH will be positioned as cornerstones in the US's digital asset strategy.Eric Trump: "Retail Investors Will Win!"Eric Trump's statements also excited the crypto community. "I love the genius of announcing a strategic reserve while traditional markets are closed and Wall Street is asleep. Retail investors are winning for the first time. Traditional finance must adapt to this change or it will disappear," the statements indicate that a major paradigm shift in the financial system is on the way.These messages signal that the US administration and the financial system are on the verge of producing new policies regarding the future role of cryptocurrencies. The timing of the Trump family’s statements is quite significant, as they come after developments that have led the markets.Trump’s Big Announcement and the Crypto Strategic ReservePresident Trump recently announced the creation of a “Crypto Strategic Reserve” that will include cryptocurrencies such as XRP, SOL and ADA. This move is seen as part of the US’s efforts to integrate digital assets into its economy. Trump’s statement created a great deal of movement in crypto markets.
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2 Mar 2025
Weekly Cryptocurrency Market Summary with JrKripto
Weekly SummaryUS President Donald Trump has signed an Executive Order creating a US Crypto Strategic Reserve that includes assets such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).The SEC has agreed to drop the Consensys lawsuit.DekaBank has begun offering crypto trading and custody services for institutional investors with €377 billion in assets under management.Citadel Securities is planning to enter crypto trading as a market maker that provides liquidity to major exchanges.Grayscale has filed for a spot ETF for Polkadot (DOT) and Cardano (ADA). Nasdaq is preparing to list the Polkadot ETF.ARK Invest bought $8.7 million worth of Coinbase stock and sold the same amount of ARKB Bitcoin ETF stock.BitMEX, the crypto exchange that popularized perpetual futures contracts, has been put up for sale. Broadhaven Capital Partners is leading the sale.The US Securities and Exchange Commission (SEC) has dropped its lawsuit against Coinbase.SEC: Meme coins are generally not securities under federal law.The SEC has accepted the application to allow staking for the Grayscale Spot Ethereum ETF.Nvidia’s earnings report came in above expectations.The SEC has also ended its investigation into OpenSeaThe SEC has accepted the application to allow staking for the Grayscale Spot Ethereum ETF.The SEC Drops Investigation Into DeFi Firm Uniswap LabsThe SEC has closed its investigation into Robinhood Crypto.Binance will delist non-MiCA compliant stablecoin trading pairs for European users today. The assets affected are: $USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.The Trump Executive Order and the Presidential Task Force; XRP was assigned for the Strategic Crypto Reserve, which will consist of SOL and ADA. Donald Trump announced that Bitcoin and Ether will also be included in the reserve.Technical and Macro OutlookBTCWhen evaluated on a weekly chart scale, a contact has occurred towards the rising trend support that has been in effect since 2024. Maintaining pricing above this trend line is of critical importance for the structure to continue healthily. In particular, the $ 79,000 - $ 80,700 range stands out as a strong demand area where both rising trend support and horizontal support levels overlap.If this region is maintained, upward movements can be expected to gain momentum and closings above the $ 90,000 level can be seen in the first stage. If stability is achieved above this level, the $ 95,000 region will be followed as the next resistance and target area.On the other hand, if weekly closings occur below the $79,000 support in possible pullbacks, the technical outlook may weaken and the selling pressure may deepen. In such a scenario, the risk of accelerating downward pricing and retreating towards the lower support area of $75,000 - $76,500 may come to the fore.In summary, as long as the current technical structure remains above the $79,000 - $80,700 support band and the rising trend line, the positive scenario will remain valid, and the $90,000 and $95,000 levels will be followed as targets, respectively. It should not be forgotten that downward risks may increase in the event of a loss of support.ETHWhen Ethereum (ETH) is examined in the weekly period, it is seen that the price maintains the large-scale symmetrical triangle formation it has been moving in since 2021. Currently, ETH is trading close to the rising trend support, which is the lower band of this triangle structure, and the support level in question represents a technically critical region. In particular, maintaining stability above the $2,000 level is extremely important for the formation to maintain its validity and for the current structure to continue.Otherwise, weekly closings below $2,000 may pave the way for a deepening decline and increased selling pressure. In such a scenario, lower support levels may come to the fore with the downward break of the triangle formation.On the other hand, it seems likely that the price will find support on this long-term trend support, where historically strong buyer reactions have come, and will initiate an upward reaction movement. In this direction, in the recovery scenario, the $2,500 level will first be followed as an intermediate resistance, and if this region is exceeded, the rise can be expected to accelerate and continue towards the $3,000 level. These two resistance levels stand out as technical target areas in the short and medium term.In the current position where Ethereum has been trading at the main trend support that has been going on for 3 years, the $2,000 level maintains its importance as a critical support. While pricing above this region supports the continuation of the positive scenario, it should be kept in mind that if it remains below, selling pressure may increase.ETH/BTCWhen the ETH/BTC pair is examined on the weekly chart, it is seen that it has received a strong reaction from the critical support region that has been followed for a long time. This region, in particular, stands out as an important demand area where buyers have stepped in and worked many times when past price movements are examined. The reaction that comes with the current contact indicates that volatility may increase for Ethereum in the coming period and significant upward movements may occur.If this support contact is successful, a scenario can be mentioned where ETH may start to gain strength against Bitcoin and upward movements in the parity may accelerate. In a potential recovery process starting from here, it can be expected that the intermediate resistance levels will be tested in the first stage, followed by movements towards higher peak structures.Weekly NotesTrump announced on Sunday that the US will create a Crypto Strategic Reserve that includes major crypto assets such as Bitcoin, Ethereum, Ripple, Solana and Cardano. This development directly affected the markets and caused Bitcoin to rise to $ 95,000. However, the striking point here is that Trump, who previously used expressions such as “crypto stock”, now prefers the word “reserve”. This discourse is quite similar to the “US Strategic Bitcoin Reserve” plan previously proposed by US Senator Cynthia Lummis. Lummis had suggested that the US Federal Reserve (FED) would reprice gold reserves to buy Bitcoin and obtain 5% of the total supply for 5 years. If this plan comes true, there could be a major movement in Bitcoin prices and the beginning of a new era in the markets.It is also a striking detail that Trump made this statement on Sunday. It is thought that making such an announcement while traditional markets are closed and liquidity is at its lowest is a strategic move. The markets experienced major fluctuations following the statement.Since Trump’s crypto policies and statements in this area are constantly changing, investors are questioning how serious these statements are and whether they will really turn into an application. The volatility following Trump’s announcement shows that the market has clearly priced in these statements but is also cautious.The most critical date for crypto markets is March 7. More details are expected to be shared on this date after Trump’s statements. If these developments are positive, the upward trend in Bitcoin and other major crypto assets may continue. On the other hand, a negative economic outlook may lead to sharp fluctuations in crypto prices again.In conclusion, Trump’s announcement may be a strong signal that the US will be more involved in crypto markets, but uncertainty in the markets still continues. New statements and regulations that may come in the coming days may greatly shape the future of crypto markets.Author: Besim Şen
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2 Mar 2025
SEC has dropped the lawsuit against HEX founder Richard Heart.
SECThe US Securities and Exchange Commission (SEC) has dropped its lawsuit against HEX founder Richard Heart as of March 1, 2025. This development has had a great impact on the HEX community and the general cryptocurrency market.The SEC had filed a lawsuit against Richard Heart and his projects HEX, PulseChain and PulseX for allegedly conducting unregistered securities sales and misusing at least $12 million for luxury expenses.The SEC has the right to reopen the case with new evidence within 20 days under current laws. In the meantime, crypto investors and HEX supporters are closely following developments in the market.Recently, the SEC has attracted attention by withdrawing some of the lawsuits it has filed against the crypto sector. The regulatory institution, which has stepped back in legal processes regarding Consensys and Coinbase, is signaling a change in its approach to the crypto market. These steps back show that the SEC's harsh regulatory efforts towards the crypto market have gained flexibility over time.Author: Besim Şen
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2 Mar 2025
Donald Trump to Host First Crypto Summit at the White House
A historic step is being taken for the cryptocurrency sector. US President Donald Trump will hold the first-ever crypto summit at the White House on March 7, 2025. This historic event will bring together leading founders, CEOs, and investors from the cryptocurrency sector, as well as members of the President's Digital Assets Task Force. This summit is seen as a critical turning point for industry leaders, investors, and policymakers.What Will Be Discussed at the Summit?This major meeting will bring together some of the most important actors in the crypto world. The summit will be led by crypto and artificial intelligence advisor David Sacks and White House Digital Assets Task Force director Bo Hines. The main topics expected to be discussed at the meeting are:Bitcoin's role in the US financial system: How will the future position of cryptocurrencies be shaped?Stablecoin regulations: How will the uncertainty of regulatory frameworks be resolved?Cryptocurrency innovation and the US's global role: Will the US be able to become a leading country in digital assets?Why is it important?This summit offers a great opportunity to clarify the US government's policies towards the crypto sector. The uncertainty and strict controls experienced by the crypto industry with regulators are seen as one of the biggest obstacles to innovation. However, this summit can open the door to a new era by enabling direct dialogue with sector representatives.In addition, this step shows that the influence of cryptocurrencies on the political scene is increasing after the 2024 elections. While the cryptocurrency lobby is increasingly making its voice heard in Washington, the White House's interest in this issue is considered a major development.Bitcoin for America Day and the Increasing Interest in CryptoImmediately following the summit organized by Trump, the "Bitcoin for America" event hosted by Senator Cynthia Lummis will be held on March 11. The role of Bitcoin in the economic future of the US will be discussed at this event.In particular, MicroStrategy CEO Michael Saylor is expected to give a speech at the event on the potential use of Bitcoin in national debt management. Such events are critical to explaining the impact of digital assets on economic and financial systems to a wider audience.US Crypto Policy is Being ReshapedDuring the Biden administration, harsh interventions by regulatory bodies such as the SEC created uncertainty in the crypto market. However, recently, it seems that the SEC has started to take a more moderate stance against crypto. Finally, the SEC's closing of its investigations into major crypto companies such as Gemini, Coinbase, OpenSea and Uniswap has created a positive atmosphere in the markets.The crypto summit to be held at the White House indicates that the US will focus more on creating a regulatory framework for digital assets. This development could be a significant turning point not only for the US but also for global crypto markets.US and Bitcoin Reserve DiscussionsThe possibility of the US considering Bitcoin as a reserve asset is increasingly being discussed. In particular, inflationary pressures and questioning of trust in the dollar are bringing the idea of including Bitcoin in the US Federal Reserve reserves to the agenda in some economic circles. This possibility could mean a major paradigm shift for both financial markets and the crypto ecosystem. It is expected that this issue will be discussed at the summit on March 7.A New Era Begins for the Crypto SectorThe White House Crypto Summit on March 7 and the “Bitcoin for America” event on March 11 show that the US’s approach to digital assets is changing.These developments can encourage larger investments and new projects by freeing the crypto sector from legal and regulatory uncertainties. March 2025, a critical month for the crypto world, may go down in history as a period when the future of digital assets in the US takes shape.Author: Besim Şen
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2 Mar 2025