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Politics News

Politics News

Browse all Politics related articles and news. The latest news, analysis, and insights on Politics.

Fed's Agenda: Stablecoin, DeFi, and Artificial Intelligence: All Eyes on That Date

The US Federal Reserve announced that it will hold a major conference on October 21, 2025, to discuss the role of innovation and emerging technologies in payment systems. This Fed event will address critical topics for both traditional finance and the crypto ecosystem: stablecoins, decentralized finance (DeFi), tokenization, and the integration of artificial intelligence into payment infrastructure. Conference Main AgendasAccording to the Fed's statement, the conference will specifically address how to make payment systems more secure, faster, and more efficient. Fed Governor Christopher Waller emphasized that innovation is essential to meeting changing customer and business needs. Waller said, "I look forward to examining the opportunities and challenges of new technologies, bringing together ideas that will enhance the security and efficiency of payments, and hearing directly from those shaping the future." Panel discussions to be highlighted at the event include:The convergence of traditional finance and DeFi modelsStablecoin use casesArtificial intelligence applications in payment systemsTokenization of financial products and servicesAnother topic on the Fed's conference agenda is the potential impact of stablecoin reserves on the banking system. Previously released Federal Open Market Committee (FOMC) minutes indicated that dollar-denominated stablecoins could increase payment efficiency but also introduce regulatory requirements for the banking sector.Trump-era policies and the Fed's new directionThis move by the Fed is being interpreted as a sign of a more flexible approach to crypto assets in the US. Steps taken during the Trump administration, in particular, paved the way for the central bank to develop a more open perspective on the crypto and stablecoin markets.In April, the Fed withdrew previous guidance that made it difficult for banks to offer crypto asset services and terminated its special oversight program for banks dealing in digital assets. This development was also seen as the end of "crypto debanking" practices, which had long been a source of complaints in the industry.Furthermore, the GENIUS Act, enacted in July, established a comprehensive federal regulatory framework for stablecoins. This law increased the auditability of stablecoins and paved the way for their wider use in the financial system.Christopher Waller is one of the most prominent figures in this process. Appointed to the Fed by Trump, Waller describes blockchain-based financial infrastructures as a "technological evolution." In his speech at the Wyoming Blockchain Symposium, he compared DeFi transactions to credit card transactions and argued that smart contracts and distributed ledgers are a natural evolution for the financial system.Strategic Move for the Dollar's Global Reserve Currency StatusThe Fed's strong emphasis on payments innovation is also motivated by its motivation to protect the US dollar's global reserve currency status. The BRICS countries' search for alternative reserve currencies and the growing demand for gold threaten the dollar's position. Stablecoins' ability to facilitate rapid global transfers is seen as a critical tool for maintaining the dollar's effectiveness.Waller emphasized that stablecoins facilitate access to the dollar, particularly in economies experiencing high inflation and limited access to banking services. He argues that stablecoins could further expand the dollar's global use by increasing its 24/7 availability.

Fed's Agenda: Stablecoin, DeFi, and Artificial Intelligence: All Eyes on That Date

US Congress Focuses on Crypto Regulation: Legislation Expected by Year's End

The US Congress has returned from recess, and the long-awaited "market structure" regulations for the cryptocurrency market have taken center stage. According to Eleanor Terrett, a journalist who closely follows crypto regulations, the Senate Banking Committee is expected to begin formal deliberations on the current draft by the end of September, while the Senate Agriculture Committee is preparing to release its own draft, encompassing the CFTC's jurisdiction, soon.Could be enacted by the end of the yearWyoming Senator Cynthia Lummis, known for her pro-crypto stance, stated at the Wyoming Blockchain Symposium last month that she expects the market structure bill to be signed into law by President Donald Trump before Christmas. Lummis's prediction reinforced expectations that regulation will accelerate in the sector.During the Senate's summer preparation process, the draft text was revised based on feedback from more than 100 stakeholders. Among the key areas of discussion are the protection of software developers (Section 1960) and the clarification of the distinction between "byproduct assets" and "digital commodities." Trump Administration Takes Debanking ActionMeanwhile, the Trump administration has issued a harsh response to the "debanking" practices that have long been a source of controversy in the financial sector. The Small Business Administration (SBA) has ordered banks to reinstate customers who were illegally cut off and to correct related policies by December 5th.SBA Administrator Kelly Loeffler stated that many institutions, including religious institutions and pro-life groups, are being arbitrarily denied banking services, saying, "This type of discrimination will no longer be tolerated."According to industry sources, the SBA is considering revoking the status of some banks. This action could have devastating consequences for the institutions involved.CFPB BacktracksThe Trump administration's actions were not limited to the SBA. The Consumer Financial Protection Bureau (CFPB) formally apologized for the oppressive practices against Credova, a "buy now, pay later" platform, during the Biden administration. CFPB General Counsel Mark Paoletta described these practices as "one of the most blatant examples of abuse of state power."Paoletta admitted that the agency targeted Credova with methods similar to Operation Choke Point during the Biden administration.As Congress prepares to take concrete steps for the crypto market, both clarification of the regulatory framework and measures taken against arbitrary practices in the financial sector are critical for the sector. Investors expect the regulations, which will be introduced by the end of the summer, to reduce market uncertainty and provide a long-term roadmap, particularly for US-based companies.

US Congress Focuses on Crypto Regulation: Legislation Expected by Year's End

Markets Count Down to Fed Cut: Bitcoin Responds Immediately to Data

Bitcoin (BTC), the leading cryptocurrency, broke a record high in mid-August, surpassing $124,000. However, following this surge, the market has refocused on macroeconomic developments. The US Federal Reserve's (Fed) interest rate policies and released economic data, in particular, play a significant role in determining price action. According to the latest data, Bitcoin is currently trading at $109,782.62 and has declined 2.46% in the last 24 hours. Fed rate cut expectations postponed until SeptemberAfter the interest rate cuts expected in June and July failed to materialize, attention shifted to September. Fed Chair Jerome Powell recently offered mild signals regarding monetary policy at his Jackson Hole meeting. Powell emphasized that the balance of risks has shifted and suggested that the current restrictive stance may require adjustments in the future. This statement has strengthened the market's interest rate cut prospects.Indeed, futures expectations have also become clearer. Markets are pricing in an 85% probability of a Fed rate cut in September. This expectation is also seen as supporting risk appetite in cryptocurrency markets.PCE data came in line with expectationsThe Personal Consumption Expenditures (PCE) price index, known as the inflation indicator most closely followed by the Fed in its monetary policy decisions, was released for July.Core PCE (Annual): 2.9% (expected 2.9%, previous 2.8%)Core PCE (Monthly): 0.3% (expected 0.3%, previous 0.3%)PCE Price Index (Annual): 2.6% (expected 2.6%, previous 2.6%)PCE Price Index (Monthly): 0.2% (expected 0.2%, previous 0.3%)The data came in line with expectations, indicating that inflation in the US is progressing in a controlled manner. The fact that annual core inflation remained stable at 2.9% is a development to be closely monitored by the Fed. Consumption and incomes on the risePCE data reflects not only price movements but also trends in consumption and income. Nominal personal consumption increased by 0.5% in July, accelerating compared to the previous month. Real personal consumption expenditures also rose by 0.3%. This suggests that American consumers continue to increase their spending despite inflation.Meanwhile, personal income increased by 0.4% in real terms. This figure supports consumption trends and could influence the Fed's decisions. However, the widening trade deficit to $103.6 billion in July signaled weakness in other areas of the economy.What's next for Bitcoin?Losses in short-term interest rate futures contracts eased following the release of macroeconomic data. Investors are focused on the possibility of a September interest rate cut. This development could keep interest in risky assets alive. However, Bitcoin's decline below $110,000 in the short term suggests investor caution.

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29 Aug 2025
Markets Count Down to Fed Cut: Bitcoin Responds Immediately to Data

Trump Administration Considers 11 Candidates for Fed Chair: Which Ones Are Crypto-Friendly?

As US Federal Reserve (Fed) Chair Jerome Powell's term ends in May, the Trump administration has considered at least 11 strong candidates for the new chairman. What's striking is that some of these candidates have a positive outlook on cryptocurrencies. Markets are interpreting this development as a harbinger of significant changes in both interest rate policies and regulatory frameworks for crypto assets.Strong Candidates for Powell's SeatUS Treasury Secretary Scott Bessent announced on Fox News that they have identified 11 "very strong candidates" and will begin narrowing down the list next month. According to CNBC's August 13 report, the list includes Dallas Fed President Lorie Logan, former St. Louis Fed President James Bullard, Fed Vice President Philip Jefferson, Fed Governor Chris Waller, Fed Deputy Chairman of Supervision Michelle Bowman, and former Fed Governor Larry Lindsey. Among the candidates are Bush-era economic advisor Marc Sumerlin, investment bank Jefferies' chief market strategist David Zervos, and BlackRock's global fixed-income securities investment director Rick Rieder.Candidates with a Positive Approach to CryptoAmong the most notable candidates from a crypto perspective are Rick Rieder of BlackRock, Fed Governor Chris Waller, and Fed Deputy Chair of Oversight Michelle Bowman.Rieder has stated on various platforms since 2020 that Bitcoin is "here to stay," and in 2024, he told the Wall Street Journal that Bitcoin could eventually play a significant role in investment portfolios. The fact that BlackRock already holds the largest Bitcoin and Ethereum ETFs further supports this claim.Bowman, in August, argued that Fed employees should be able to invest small amounts in crypto to gain a grasp of the technology. He expressed the view that this step would contribute to a better understanding of crypto among central bank staff. Waller, however, emphasized that there should be no fear of crypto payments operating outside the banking system, emphasizing that it is merely a new "technology."Powell's View on Cryptocurrency is More CautiousCurrent Chairman Jerome Powell has made limited statements on cryptocurrencies to date. While Powell acknowledged in a speech in June that crypto assets are becoming increasingly mainstream, he is generally known for his cautious approach. In December, he stated that he sees Bitcoin as a competitor to gold, not the US dollar.Jefferies' Crypto ConnectionsJefferies, the investment bank where candidate David Zervos works, also stands out for its close ties to crypto. The bank supported the IPOs of crypto-focused companies such as eToro, Circle, Bullish, and Figure. It also provided early financing for Michael Saylor's Bitcoin purchases.While Powell's term as Fed chairman ends in May, his term on the board will last until 2028. However, Trump's choice of candidate is critical for markets. The Fed's interest rate decisions directly impact market liquidity and risk appetite. Lower interest rates generally increase interest rates toward riskier assets (especially cryptocurrencies), while interest rate hikes drive investors toward safe havens.With Trump's announcement of the new president, there is talk of potential for significant volatility in both the US financial markets and the crypto ecosystem.

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28 Aug 2025
Trump Administration Considers 11 Candidates for Fed Chair: Which Ones Are Crypto-Friendly?

Trump Declares War on Fed: Lisa Cook Crisis Shakes Markets

US President Donald Trump announced earlier this week that he had dismissed Lisa Cook, a member of the Federal Reserve (Fed) Board of Governors. In the White House announcement, Trump cited allegations that Cook forged documents in a mortgage application. However, it is clear that Cook has not faced any charges, has not appeared in court, and there is no final decision.Cook, in a statement through his attorney, Abbe David Lowell, denied the decision, saying, "Trump has no legal basis to remove me." Cook, who has served on the Fed since 2022 and was reappointed to a full term in 2023, will actually serve until January 2038. Cook's team has declared Trump's decision "illegal" and announced that they will file a lawsuit.Legal Basis DebateTrump is citing a provision in the Fed's charter that grants the president the right to remove a member "for cause." According to him, the mortgage fraud allegation is sufficient for this "justification." However, legal experts disagree. No president has ever attempted to dismiss a Fed member in this manner. Experts say Trump's move will be tested in court, and if it prevails, it could pave the way for similar dismissals of other Fed members.Trump has long targeted the Fed, demanding a looser monetary policy stance. Last week, Fed Chair Jerome Powell's statement opening the door to a rate cut led to speculation that Trump's pressure was effective. Now, there is talk of replacing Lisa Cook with more "dovish" figures close to Trump.The crisis has also reverberated through the markets. IG analyst Tony Sycamore said, "Trump's dismissal of Cook, following the pressure on Powell, has once again brought the Fed's independence into question. This undermines the impartiality of monetary policy." Christopher Wong of OCBC commented, “The pressure on the dollar stems from concerns that the Fed will not be able to act independently of political interference.”Bitcoin and the dollar reactTrump's statements triggered volatility not only in the dollar but also in crypto markets. Bitcoin faced rapid selling pressure in the Asian and European sessions following the news. The price of BTC fell to $108,666 overnight. Currently, Bitcoin is trading at $109,653. The daily loss is approximately 0.4%, with a 24-hour trading range of $109,214 to $112,815. According to market commentators, questions about the Fed's independence are weakening the dollar's credibility. While this may create volatility in the price of Bitcoin in the short term, it could encourage investors to turn to "hard assets" like gold and Bitcoin in the long term.

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26 Aug 2025
Trump Declares War on Fed: Lisa Cook Crisis Shakes Markets

What Time Is Powell's Jackson Hole Meeting? Crypto Markets Hold Their Breath

Global markets are focused on US Federal Reserve (Fed) Chair Jerome Powell's speech today at the Jackson Hole Economic Policy Symposium. The annual event in Wyoming is dubbed the "Oscars of monetary policy." This year's gathering holds a special significance: Powell will be on the Jackson Hole stage for the last time, as his term ends in May 2026.Markets fixated on the 5:00 PM messagePowell's speech will begin at 5:00 PM Turkish time. While the main theme of the symposium is "Labor Markets in Transition," all eyes will be on the Fed's monetary policy signals. The possibility of a rate cut at the FOMC meeting in September is particularly central to market pricing. According to the CME FedWatch Tool, there is currently a greater than 73% chance of a 0.25 percentage point cut.Within the Fed, disagreements persist. While Cleveland Fed President Beth Hammack and Kansas City Fed President Jeffrey Schmid remain cautious, Governors Michelle Bowman and Christopher Waller are more dovish in favor of rate cuts.A Speech That Will Define Powell's LegacyJackson Hole is known as a platform where Fed chairs deliver historic messages. Powell's dovish statements in 2021 reassured markets and sparked a major rally in Bitcoin. His 2022 speech, a year later, took a sternly hawkish tone, triggering a sell-off in stocks and cryptocurrencies. While the 2023 speech was met with mixed reactions, expectations for 2025 are much higher: This speech is thought to define Powell's legacy.Economists say Powell could signal not only the rate cut process but also the Fed's long-term framework. In particular, the official end of the "average inflation targeting" policy, adopted in 2020 and allowing inflation to occasionally exceed its 2% target, is on the agenda. Such a move could signal a return to tighter inflation targeting by the Fed.Powell's speech also comes at a time of increasing political pressure. US President Donald Trump has been criticizing Powell for months for not cutting interest rates and calling for his resignation. The Trump administration's actions, which have cast doubt on central bank independence, are leading to increased scrutiny of the Fed's decisions. This situation is compounded by macroeconomic uncertainties: weak employment data, mixed inflation indicators, geopolitical risks, and political pressures within the US are making investors nervous.A double-edged scenario for crypto marketsPowell's Jackson Hole message is critical not only for Wall Street but also for crypto markets. Bitcoin is currently trading around $113,000. According to analysts, Powell's dovish tone could provide Bitcoin with a new "growth stimulus." Some commentators even believe a "Bitcoin Supercycle" scenario similar to 2021 could be triggered again. Conversely, hawkish messages could dampen investor risk appetite, increasing selling pressure on both stocks and crypto assets. Nic Puckrin of Coin Bureau offers a cautious perspective, saying, "It's not crypto-specific issues that are dragging markets down, but macroeconomic uncertainty."

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22 Aug 2025
What Time Is Powell's Jackson Hole Meeting? Crypto Markets Hold Their Breath

Fed Officials' Interest Rate Statements Before Jackson Hole

Monetary policy discussions surrounding the US Federal Reserve (Fed) and uncertainties ahead of the Jackson Hole Symposium have caused volatility in both traditional markets and cryptocurrencies. The statements made on August 21st have investors focused on Fed Chair Jerome Powell's speech on Friday.Fed's target: inflation againThe latest statement from the Boston Fed emphasized that the US inflation rate is still well above its 2% target. The bank stated that it is committed to bringing inflation back to this level and that current monetary policy will be maintained accordingly. These statements temporarily dampened market expectations of a rate cut.Despite this, the comments of former St. Louis Fed President James Bullard attracted attention. Bullard stated that he believes the Fed will cut interest rates in September. He also stated that he has held discussions with US Treasury Secretary Janet Yellen regarding the Fed chairmanship. Bullard stated that current interest rates are high and that a 100 basis point cut by 2026 could be on the agenda. What do market expectations and FedWatch data indicate?According to the CME's "FedWatch" tool, the probability of interest rates remaining unchanged in September is measured at only 20.9%. In contrast, the probability of a 25 basis point rate cut stands at 79.1%. This suggests that the general market expectation is for interest rates to soften. The minutes from the Fed's July meeting revealed that policymakers' concerns about high inflation outweighed concerns about a slowdown in the labor market. This led to a slight strengthening of the dollar. However, analysts note that the July data is outdated and markets are primarily focused on Powell's Jackson Hole speech.Sharp Volatility in Crypto MarketsMacro uncertainties also had a strong impact on the crypto market. Bitcoin fell below $113,000 intraday on August 21st, falling to $112,800. Although it recovered from this level, volatility worried investors. According to market data, more than $500 million in leveraged positions were liquidated. Overly leveraged long positions, in particular, accelerated the decline.Spot Bitcoin and Ethereum ETFs traded in the US have also experienced four consecutive days of gains. According to data from Bloomberg, total investor outflows reached $1.9 billion. This highlights the weakening of risk appetite ahead of Powell's message.The Importance of the Jackson Hole SpeechMarkets are now fixated on Powell's messages at Jackson Hole. A dovish tone, meaning one that highlights growth risks and supports interest rate cut expectations, could generate renewed upward momentum in crypto assets. However, a hawkish tone, coupled with a firmer stance against high inflation, could deepen the decline in the value of risky assets.Technical levels are also being closely monitored for Bitcoin. According to analysts, $110,000 represents psychological support, $115,000 represents short-term stability, and $120,000 represents resistance. These levels could be decisive in determining the market's direction following Powell's speech.In summary, both the Fed's commitment to inflation and Powell's speech in Jackson Hole signal a critical period for crypto markets in the coming days. Investors are closely watching to see how the balance shifts between the strengthening dollar and interest rate cut expectations.

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21 Aug 2025
Fed Officials' Interest Rate Statements Before Jackson Hole

Daily Market Summary – August 20, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OverviewBitcoin has been on a downward correction for some time, falling to the $113,000 region. It's safe to say it found short-term support in this region, but in a downward breakout scenario from the $112,000-$113,000 area, the $111,800 level and then the $107,300 support level are potential price reversal levels. It's worth noting that the $117,300 area is the target target after the recovery.On the Ethereum side, after a breathless rise to the $4,800 region, we see it's undergoing a natural pullback. The $4,050, $3,980, and $3,870 levels serve as sequential support levels. The $4,400 area will be the price's first target upon reversal.Crypto NewsThe U.S. Treasury Department has begun gathering public input on the GENIUS Act, which aims to detect illicit digital asset activity. Tether appointed former White House Crypto Council Executive Director Bo Hines as Strategic Advisor for Digital Assets and US Strategy.Robinhood US to list #SUITrump: Europeans want to end the war with Ukraine and Russia.KindlyMD purchased $5,744 BTC to expand Nakamoto's Bitcoin treasury.SharpLink purchased 143,593 ETH at approximately $4,648, bringing its total holdings to 740,760 ETH.SEC Chairman Paul Atkins will discuss the 'Crypto Project' at the WYOMING Blockchain Symposium today.Fed member Bowman: Fed employees should be allowed to own small amounts of crypto assets.CryptocurrenciesTop GainersM → Up 16.8% to $0.43772063CTC → Up 9.6% to $0.74369425GRASS → Up 8.9% to $0.78576644PUMP → Up 5.4% to $0.00300329HNT → Up 5.3% to $2.68Top LosersSNEK → Down 13.3% to $0.00450101TRIBE → Down 9.9% to $0.59775806ZORA → Down 9.2% to $0.09269117REKT → Down 8.6% to $0.07659167ADA → Down 8.5% to $0.84855968.Fear IndexBitcoin: 50 (Neutral)Ethereum: 49 (Neutral)DominanceBitcoin: 59.87% ▼ 0.36%Ethereum: 13.32% ▲ 1.28%Total Daily Net ETF InflowsBTC ETFs: -$523.30 MillionETH ERFs: -$422.20 MillionGlobal Markets and Stocks of the Most Valuable CompaniesTechnology companies in the US have surged significantly in recent months, but warnings are now coming that these levels are risky. As expectations for a Fed interest rate cut weakened, tech stocks began selling off, and all US stock markets declined. Expectations that the Russia-Ukraine talks will be prolonged further exacerbated these declines. US, European, and Asian stock markets were generally negative this morning. While positive talks between Trump, Zelenskyy, and EU leaders yesterday supported European stock markets, the impact of the US sell-off is dampening global risk appetite. The Fed meeting minutes will be released today, and inflation data from the UK, Germany, and the Eurozone will be closely monitored.NVIDIA (NVDA) → $4.29 trillion market capitalization, $175.64 per share, fell 3.50%.Microsoft (MSFT) → $3.79 trillion market capitalization, $509.77 per share, fell 1.42%.Apple (AAPL) → $3.42 trillion market capitalization, $230.56 per share, fell 0.14%.Alphabet (GOOG) → $2.44 trillion market capitalization, $202.49 per share, fell 0.88%. Amazon.com (AMZN) → $2.43 trillion market capitalization, $228.01 per share, fell 1.50%.Borsa Istanbul Updates and Most Valuable CompaniesAccording to data released by TÜİK (Turkish Statistical Institute), the unemployment rate rose to 8.6% quarterly. The idle labor force reached a record high of 32%. While employment decreased in industry and agriculture, services and construction saw increases. Turkey's net foreign investment position was -$329.4 billion in June. The BIST-100 index closed positive for the third consecutive day with a limited increase, but failed to surpass the 11,000 level. Trading volume reached its highest level in recent years. Food retailers were negatively impacted, while automotive and iron/steel sectors stood out. The US decision to increase tariffs on iron/steel and aluminum is dampening global risk appetite. Markets are also awaiting the Fed Chair's announcements on Friday. The BIST is expected to remain tight. QNB Finansbank (QNBTR) → Market capitalization of 2.39 trillion TL, price per share of 714.50 TL, decreased by 9.96%.Aselsan Elektronik Sanayi (ASELS) → Market capitalization of 786.14 billion TL, price per share of 177.20 TL, increased by 2.78%.Türkiye Garanti Bankası (GARAN) → Market capitalization of 600.60 billion TL, price per share of 144.40 TL, increased by 0.98%.Turkish Airlines (THYAO) → Market capitalization of 467.13 billion TL, price per share of 338.50 TL, changed by 0.00%.Koç Holding (KCHOL) → Market capitalization of 454.69 billion TL, price per share of 179.70 TL, increased by 0.22%.Precious Metals and Currency PricesGold: 4,363 TLSilver: 48.93 TLPlatinum: 1738 TLDollar: 40.92 TLEuro: 47.63 TLWe look forward to bringing you the latest updates again tomorrow.

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20 Aug 2025
Daily Market Summary – August 20, 2025 | JrKripto

Coinbase, Uniswap, Solana, and 5 Other Companies Join Forces for Crypto in Washington

The crypto industry's most powerful companies and lobbying groups have taken a new step to deepen their relationships with policymakers in the US. Industry giants such as Coinbase, Kraken, Uniswap Labs, Paradigm, Andreessen Horowitz, the Solana Policy Institute, and the Digital Currency Group (DCG) have announced the establishment of a nonprofit called the American Innovation Project (AIP).The new organization aims to provide direct information to US politicians and officials on not only cryptocurrency but also artificial intelligence and other decentralized technologies. Julie Stitzel, DCG's vice president of policy, said that the AIP aims to "bridge the gap between policymakers and the public by translating complex technological developments into understandable and actionable insights."Establishing an Education-Focused, Nonpartisan StructureOne of the AIP's key strengths is its focus on education and its emphasis on political neutrality. Stitzel stated that the organization will complement its existing lobbying efforts, but aims to inform, rather than influence, lawmakers. AIP will operate in the US under 501(c)(3) status. This legal status places it in the same category as churches, museums, and schools, providing tax exemption. However, according to IRS regulations, such organizations are required to engage in limited political lobbying activities.The organization's board of directors includes some of the most influential lobbyists in the industry. Solana Policy Institute President Kristin Smith, Blockchain Association COO Allie Page, and Coinbase policy strategist Nick Carr will serve on AIP's board.Crypto Regulation Emerges in WashingtonAIP's establishment comes at a time when crypto regulations are accelerating in the US. Last month, President Donald Trump signed a bill establishing a federal framework for stablecoins. The House of Representatives passed a comprehensive bill broadly regulating the crypto sector. The SEC has also launched a new initiative called "Project Crypto" to update rules regarding token distributions, custody solutions, and trading activities. During this period, the AIP will organize various events to help policymakers make more informed decisions about technology. According to the statement, the organization will bring together industry representatives and legislators through closed-door sessions, workshops, and roundtable discussions.First Event: Jackson Hole SummitAIP's inaugural event will be held concurrently with a special crypto policy summit in Jackson Hole, Wyoming. Co-hosted by Anthony Scaramucci's SALT conference and Kraken, the event will host high-level politicians and regulators. Attendees include Senate Banking Committee Chairman Tim Scott, Wyoming Senator Cynthia Lummis, SEC Chairman Paul Atkins, and Fed Vice Chair Michelle Bowman.Kristin Smith, President of the Solana Policy Institute and President of the AIP, said, "Our goal is simple yet urgent: to equip America's leaders with the knowledge and tools to make the right decisions in a rapidly evolving technological environment."

Coinbase, Uniswap, Solana, and 5 Other Companies Join Forces for Crypto in Washington

Daily Market Summary – August 19, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OverviewAs it did yesterday, Bitcoin continued its decline after the ATH, falling to the $115,000 region. We can say it found short-term support in this region, but in a downward breakout scenario from the $114,000-$115,000 area, the $111,800 level and then the $107,300 support level are potential reversal levels. It's worth noting that the $117,300 area is the target area after a recovery.On the Ethereum side, we see that after a breathless rise to the $4,800 region, it is undergoing a natural pullback. The $4,250, $4,180, and $4,070 levels serve as sequential support points. The price will target the $4,400 area during the initial price reversal.Crypto NewsSouth Korea's financial regulator will submit its stablecoin regulatory proposal in October.BitMine announced last week that it purchased more than 370,000 ETH ($1.6 billion), bringing its total ETH holdings to 1,520,000 ($6.5 billion).Microstrategy purchased 430 BTC.The SEC postponed applications for the Truth Spot Bitcoin and Ethereum ETFs.The Trump administration is in talks to acquire a 10% stake in Intel.The U.S. Treasury Department has begun collecting public input on the GENIUS Act, which is intended to detect illicit digital asset activity.CryptocurrenciesTop GainersBIO → Up 10.0% to $0.13612067OKB → Up 9.1% to $125.47WEMIX → Up 9.1% to $0.87168974TRIBE → Up 8.5% to $0.66552645AB → Up 8.0% to $0.00960592Top LosersUSELESS → Down 12.8% to $0.25979181M → Down 11.3% to $0.37503649PUMP → Down 11.0% to $0.00282301HNT → Down 6.6% to $2.51KTA → Down 6.5% to $1.23.Fear IndexBitcoin: 59 (Greed)Ethereum: 46 (Neutral)DominanceBitcoin: 59.88% ▲ 0.21%Ethereum: 13.33% ▼ 0.83%Total Daily Net ETF InflowsBTC ETFs: -$14.10 MillionETH ETFs: -$59.30 MillionGlobal Markets and Stocks of the Most Valuable CompaniesGlobal markets are monitoring the ongoing peace talks regarding the Russia-Ukraine war. While no concrete steps have been taken, there is talk of a Putin-Zelenski meeting within two weeks. Following yesterday's Trump-Zelenski-EU leaders meeting, Trump stated that the talks with European leaders were positive and that preparations for a trilateral summit have begun. Putin's advisor, however, stated that only the idea of a summit is being considered. Global stock markets are trading mixed this morning; US futures are slightly down, while European futures are slightly up. July housing starts and building permits data will be released in the US today.NVIDIA (NVDA) → $4.44 trillion market capitalization, $182.01 per share, up 0.86%.Microsoft (MSFT) → $3.84 trillion market capitalization, $517.10 per share, down 0.59%.Apple (AAPL) → $3.43 trillion market capitalization, $230.89 per share, down 0.30%.Amazon.com (AMZN) → $2.47 trillion market capitalization, $231.49 per share, up 0.20%.Alphabet (GOOG) → $2.47 trillion market capitalization, $204.29 per share, down 0.30%.Borsa Istanbul Updates and the Most Valuable CompaniesThe domestic housing price index increased by 0.9% month-on-month in July, reaching a 32.8% annual increase, while declining by 0.5% in real terms. Prices rose by 0.6% in Istanbul, 1.2% in Ankara, and 1% in Izmir. Annual increases were 33.5%, 42.9%, and 31%, respectively. The Bloomberg HT Consumer Confidence Preliminary Index rose by 2.36% in August to 71.71. While buying in stocks that had lagged in previous weeks was evident yesterday on the BIST, profit-taking continued in bank stocks, and the index closed slightly higher but below the 11,000 level. A flat trend is expected on the BIST today.QNB Finansbank (QNBTR) → 2.39 trillion TL market capitalization, 714.50 TL per share, fell by 9.96%. Aselsan Electronics Industries (ASELS) → Market value of 782.95 billion TL, price per share of 170.30 TL, decreased by 0.82%.Türkiye Garanti Bankası (GARAN) → Market value of 592.20 billion TL, price per share of 142.10 TL, increased by 0.78%.Turkish Airlines (THYAO) → Market value of 460.92 billion TL, price per share of 333.25 TL, decreased by 0.22%.Koç Holding (KCHOL) → Market value of 455.19 billion TL, price per share of 180.90 TL, increased by 0.78%.Precious Metals and Currency PricesGold: 4384 TLSilver: 49.97 TLPlatinum: 1761 TLDollar: 40.89 TLEuro: 47.72 TLWe look forward to bringing you the latest updates again tomorrow.

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19 Aug 2025
Daily Market Summary – August 19, 2025 | JrKripto

Daily Market Summary – August 18, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OverviewWith the start of the new week, Bitcoin extended its decline following the ATH, falling into the $115,000 region. This area appears to be providing short-term support, but in the event of a downward breakout from the $114,000–$115,000 range, the $111,800 and subsequently the $107,300 levels stand out as potential reversal points. On the upside, a recovery could see the price targeting the $117,300 region.On the Ethereum side, we see that after a breathless rise to the $4,800 region, it is undergoing a natural pullback. The $4,250, $4,180, and $4,070 levels serve as sequential support points. The price will target the $4,400 region upon its first reversal.Crypto NewsSouth Korea's financial regulator will submit its stablecoin regulatory proposal in October.Grayscale has filed for a DOGE ETF.Bitwise has filed an updated S-1 form for the DOGECOIN ETF.Trump: Stock markets are at record highs.Bitwise files updated S-1 for Aptos ETFSEC Chairman Paul Atkins said the SEC is mobilizing all departments to make the US the world's crypto capitalCryptocurrenciesTop GainersBIO → Up 21.5% to $0.12345658XMR → Up 4.0% to $275.02B → Up 2.2% to $0.56136309LINK → Up 2.2% to $24.81USDY → Up 1.6% to $1.08Top LosersUSELESS → Down 12.4% to $0.29903607PUMP → Down 9.8% to $0.0031675LPT → Down 9.6% to $6.38RAY → Down 9.2% to $3.34.MNT → Down 9.0% to $1.24.Fear IndexBitcoin: 61 (Greed)Ethereum: 50 (Neutral)DominanceBitcoin: 59.62% ▲ 0.35%Ethereum: 13.58% ▼ 1.06%Total Daily Net ETF InflowsBTC ETFs: -$14.10 MillionETH ERFs: -$59.30 MillionGlobal Markets and Stocks of the Most Valuable CompaniesAlthough the Trump-Putin summit did not produce a lasting peace, talks continue. Zelenskyy and European leaders are expected to meet in Washington today. Global markets started the week optimistically, watching these developments and the expected Fed rate cut in September. The dollar index and Brent crude oil prices continue to decline. This week, data flow is weak, with attention focused on the Zelensky-EU meeting and Powell's speech in Jackson Hole.NVIDIA (NVDA) → $4.4 trillion market capitalization, $180.45 per share, down 0.86%.Microsoft (MSFT) → $3.87 trillion market capitalization, $520.17 per share, down 0.44%.Apple (AAPL) → $3.44 trillion market capitalization, $231.59 per share, down 0.51%.Alphabet (GOOG) → $2.47 trillion market capitalization, $204.91 per share, up 0.53%.Amazon.com (AMZN) → $2.46 trillion market capitalization, $231.03 per share, up 0.02%.Borsa Istanbul Updates and Most Valuable CompaniesInflation expectations for the end of 2025 and 2026 remained unchanged at 29.7% and 20.4%, respectively, in the Central Bank of the Republic of Turkey (CBRT) Market Participants Survey. Long-term expectations also remained stable. The consensus view is that the expectation for a 300 basis point interest rate cut in September has increased. Smaller reductions are expected in October and December. The budget posted a deficit of 23.9 billion TL in July, lower than the same month last year. The budget deficit exceeded 1 trillion TL in the first seven months of the year. This week, the housing price index and consumer confidence are the main drivers. The BIST100 started the week with a slight gain.QNB Finansbank (QNBTR) → Market capitalization of 2.39 trillion TL, price per share of 714.50 TL, decreased by 9.96%. Aselsan Elektronik Sanayi (ASELS) → Market value of 777.02 billion TL, price per share of 168.00 TL, decreased by 1.41%.Türkiye Garanti Bankası (GARAN) → Market value of 600.18 billion TL, price per share of 142.10 TL, decreased by 0.56%.Turkish Airlines (THYAO) → Market value of 456.78 billion TL, price per share of 332.00 TL, increased by 0.30%.Koç Holding (KCHOL) → Market value of 451.64 billion TL, price per share of 179.30 TL, increased by 0.67%.Precious Metals and Currency PricesGold: 4395 TLSilver: 50.03 TLPlatinum: 1757 TLDollar: 40.89 TLEuro: 47.89 TLWe look forward to bringing you the latest updates again tomorrow.

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18 Aug 2025
Daily Market Summary – August 18, 2025 | JrKripto

Daily Market Summary – August 15, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OverviewBitcoin continues its volatile rise. Our ATH target in previous newsletters has been achieved. After breaking through the $123,100 region, it can be expected to reach the $127,000 area. In case of pullbacks, the $117,000 area will be closely monitored.Ethereum, on the other hand, has broken its downward trend from 2021, which we mentioned in previous newsletters. ETH's short-term potential has increased significantly after this breakout. The $4540 support and $4770 resistance levels are areas to be closely monitored.Crypto NewsCoinbase acquired Deribit, as expected.Google acquired an 8% stake in Bitcoin miner TeraWulf in a $3.7 billion deal.Trump: I think Putin will make peace.Citigroup is exploring custody and settlement services for stablecoins and crypto ETFs.The Trump administration will reportedly discuss US acquisition of stock in Intel.Treasury Secretary Bessent said the US government is exploring ways to "acquire more Bitcoin to expand the reserve."The SEC postponed its decision on the Bitwise Spot Solana ETF.CryptocurrenciesTop Gainers:SKL → Up 13.3% to $0.04560092HASH → Up 6.9% to $0.02878751ZBCN → Up 6.6% to $0.00502393AERO → Up 6.1% to $1.42M → Up 3.6% to $0.43615755Top Losers:POPCAT → Down 11.0% to $0.30693777CFX → Down 9.9% to $0.1807279SUPER → Down 9.3% to $0.73215213KAITO → Down 9.3% to $1.09MOG → Down 9.2% to $0.00000125.Fear Index:Bitcoin: 67 (Greed)Ethereum: 59 (Greed)Dominance:Bitcoin: 59.44% ▼ 0.29%Ethereum: 14.03% ▲ 0.95%Total Daily Net ETF InflowsBTC ETFs: $230.80 MillionETH ETFs: $639.60 MillionGlobal Markets and Stocks of the Most Valuable CompaniesThe US PPI rose 0.9% month-over-month for July, well above expectations (0.2%), and reached 3.3% year-over-year, the highest level since February 2025. Despite the data increasing inflationary pressures, markets continue to price in a Fed interest rate cut on September 17. Expectations for the Trump-Putin summit are also supporting global stock markets. US and European futures, as well as Asian stock markets, are trading higher this morning. While dollar and bond yields rose after the PPI, the VIX remained low at 14.83, indicating that risk appetite remains intact.NVIDIA (NVDA) → Market capitalization of $4.44 trillion, price per share of $182.02, increased by 0.24%.Microsoft (MSFT) → Market capitalization of $3.88 trillion, price per share of $522.48, increased by 0.36%.Apple (AAPL) → Market capitalization of $3.45 trillion, price per share of $232.78, decreased by 0.24%.Amazon.com (AMZN) → Market capitalization of $2.46 trillion, price per share of $230.98, increased by 2.86%. Alphabet (GOOG) → $2.46 trillion market capitalization, $203.82 per share, increased by 0.39%.Borsa Istanbul Updates and Most Valuable CompaniesIn its third Inflation Report of the year, the Central Bank of the Republic of Turkey (CBRT) separated forecasts from "interim targets." Forecasts are subject to change as data becomes available, while interim targets will remain fixed unless an extraordinary situation arises. Today, the CBRT Market Participants Survey, budget balance, service and construction production indices, and private sector external debt data will be released. Following the US PPI's higher-than-expected performance, the BIST 100 fell 1.1% yesterday, led by major stocks and banks. A slight sell-off is expected today.QNB Finansbank (QNBTR) → $2.39 trillion market capitalization, $714.50 per share, decreased by 9.96%.Aselsan Electronics Industries (ASELS) → Market capitalization of 775.20 billion TL, price per share of 170.70 TL, increased by 0.41%.Turkey Garanti Bank (GARAN) → Market capitalization of 607.32 billion TL, price per share of 144.10 TL, decreased by 0.35%.Koç Holding (KCHOL) → Market capitalization of 450.38 billion TL, price per share of 177.80 TL, increased by 0.11%.Turkish Airlines (THYAO) → Market capitalization of 449.88 billion TL, price per share of 326.25 TL, increased by 0.08%.Precious Metals and Currency PricesGold: 4392 TLSilver: 50.29 TLPlatinum: 1778 TLDollar: 40.86 TLEuro: 47.72 TLWe look forward to bringing you the latest updates again tomorrow.

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15 Aug 2025
Daily Market Summary – August 15, 2025 | JrKripto

Bessent's Cryptocurrency and Economy Statements: Bitcoin Reserves Will Not Be Sold

In recent weeks, the crypto market agenda has been dominated by discussions of interest rate cuts, trade tariffs, and the global economy. New statements by US Treasury Secretary Bessent have added to this busy agenda. His remarks regarding Bitcoin reserves, in particular, have attracted investor attention.Bessent made it clear that the US does not plan to purchase new cryptocurrencies. Emphasizing that existing assets will be protected, the Secretary stated that seized cryptocurrencies will not be sold and that Bitcoin reserves are valued at between $15 billion and $20 billion. While this situation did not create immediate selling pressure in the market, it did reshape the expectations of crypto investors.In the past, Wyoming Senator Cynthia Lummis, a cryptocurrency-friendly politician, suggested converting the state's gold reserves into cash to purchase Bitcoin. However, Bessent's comments indicate that this idea is currently lacking support. Lummis's plan has not yet garnered sufficient political support.Interest Policy and Global TradeIn his speech, Bessent also shared his views on the Fed's interest rate cuts. He said the first step could be a cautious 25 basis point reduction, followed by an acceleration of this process. The Minister emphasized that a total reduction of approximately 1.5 points is required to reach a neutral level, and stated that he does not favor the Fed taking consecutive aggressive actions.On the trade front, he noted that Europe and India continue to import refined oil from Russia. He noted that August and September will be a critical period for customs duty revenues, stating that revenues could exceed $300 billion. He said these revenues alone have the potential to reduce the budget deficit to 5%.Bessent also touched on the competition between the US and China in chip production. He claimed that China has narrowed its room for maneuver with its own moves in this regard, stating that one of the US goals is to maximize value for taxpayers and the other is to reduce the interest rate differential between MBS and Treasury bonds. He also stated that gold will continue to be held as a safe store of value.Trump-Putin summit is expected.In addition to all these announcements, markets are also focused on the Trump-Putin meeting scheduled to take place tomorrow in Alaska. It's rumored that Putin is preparing to take a significant step regarding the Ukraine war, and Trump wants to take an active role in this process. Crypto investors are eagerly awaiting how the potential geopolitical consequences of this meeting will impact the markets.While Bessent's decision not to sell his Bitcoin reserves has eased uncertainty in the crypto market in the short term, interest rate policy, trade disputes, and global developments are expected to shape both digital assets and traditional markets in the coming months.

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14 Aug 2025
Bessent's Cryptocurrency and Economy Statements: Bitcoin Reserves Will Not Be Sold

Daily Market Summary – August 14, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OverviewBitcoin continues its volatile rise. Our ATH target in previous newsletters has been achieved. After breaking through the $123,100 region, it can be expected to reach the $127,000 area. In case of pullbacks, the $117,000 area will be closely monitored.Ethereum, on the other hand, has broken its downward trend from 2021, which we mentioned in previous newsletters. ETH's short-term potential has increased significantly following this breakout. The $4540 support and $4770 resistance levels are areas to be closely monitored.Crypto NewsBitMine filed to sell $20 billion worth of stock to acquire more ETH.Traders increased their positions anticipating the Fed's interest rate cut in September.SUI Network accidentally published and then deleted a blog post. The post stated that a listing announcement had been made on Robinhood. This likely indicates a premature release of a draft press release.Trump: He's considering filing a lawsuit against Powell over Fed building costs.SEC's Peirce: We're not waiting for legislation to work on crypto.Ethereum surpasses $4,500 for the first time since December 3, 2021!21Shares filed a revised S-1 form for the Sui ETF.Kazakhstan-based Fonte Capital introduced Central Asia's first Bitcoin ETF.CryptocurrenciesTop Gainers:OKB → Up 174.6% to $126.64FARTCOIN → Up 24.9% to $1.07QUBIC → Up 20.6% to $0.00000278DEEP → Up 15.6% to $0.17445165GT → Up 14.9% to $18.80Top Losers:PROVE → Down 15.3% to $1.43WEMIX → Down 7.8% to $0.79438738ZORA → Down 7.0% to $0.11173092ZBCN → Down 5.5% to $0.00488242B → Down 4.1% to $0.63282928Fear Index:Bitcoin: 71 (Greed)Ethereum: 51 (Neutral)Dominance:Bitcoin: 59.28% ▼ 0.69%Ethereum: 14.08% ▲ 1.78%Total Daily Net ETF InflowsBTC ETFs: $65.90 MillionETH ETFs: $523.90 MillionGlobal Markets and the Most Valuable Companies and Stock PricesThe US July CPI rose 0.2% month-over-month and remained unchanged at 2.7% year-over-year. The core CPI rose 0.3% month-over-month and 3.1% year-over-year. Housing prices rose, while energy prices fell 1.1%. The data's lack of expectations fueled expectations for a Fed interest rate cut. This led to buying in global stock markets. US and European futures are positive, with strong buying in Asia. Progress in trade talks and expectations for the Trump-Putin summit scheduled for Friday in Alaska are also supporting markets. The dollar index and US 2-year Treasury yields declined slightly, while the VIX index fell to its lowest level of the year at 14.73.NVIDIA (NVDA) → Market capitalization of $4.47 trillion, price per share of $183.16, increased by 0.60%.Microsoft (MSFT) → Market capitalization of $3.93 trillion, price per share of $529.24, increased by 1.43%.Apple (AAPL) → Market capitalization of $3.41 trillion, price per share of $229.65, increased by 1.09%.Alphabet (GOOG) → Market capitalization of $2.46 trillion, price per share of $204.16, increased by 1.25%. Amazon.com (AMZN) → Market capitalization of $2.36 trillion, price per share of $221.47, increased by 0.08%.Borsa Istanbul Updates and Most Valuable CompaniesThe current account deficit reached $2.0 billion in June. The 12-month current account deficit increased to $18.9 billion. Energy and gold imports contributed to the increase. The Treasury borrowed a total of 136.1 billion TL in the last two days. The BIST 100 fell 0.8% yesterday, with Aselsan and Tüpraş leading the decline. THY and Destek Finans Factoring limited losses. The Trump-Putin meeting and positive global sentiment may keep the BIST 100 slightly bullish today.QNB Finansbank (QNBTR) → Market capitalization of $2.95 trillion, price per share of $793.50, decreased by 9.98%.Aselsan Electronics Industries (ASELS) → Market value of 784.32 billion TL, price per share of 173.60 TL, increased by 0.93%.Turkey Garanti Bank (GARAN) → Market value of 614.46 billion TL, price per share of 147.20 TL, increased by 0.62%.Koç Holding (KCHOL) → Market value of 455.95 billion TL, price per share of 178.90 TL, decreased by 0.50%.Turkish Airlines (THYAO) → Market value of 440.91 billion TL, price per share of 319.75 TL, increased by 0.08%.Precious Metals and Currency PricesGold: 4377 TLSilver: 50.33 TLPlatinum: 1777 TLDollar: 40.73 TLEuro: 47.59 TL

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14 Aug 2025
Daily Market Summary – August 14, 2025 | JrKripto

Daily Market Summary – August 13, 2025 | JrKripto

You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin and Ethereum Technical OutlookBitcoin continues its surge in volume. Having reached the $122,000 region, BTC will target a new ATH as long as it remains above the $117,300 support. After breaking through the $123,100 region, it is expected to reach the $127,000 area. In the event of a pullback, the $114,000 area will be closely monitored.Ethereum, on the other hand, has broken its downward trend from 2021, which we mentioned in our previous newsletters. ETH's short-term potential has increased significantly following this breakout. The $4140 support and $4370 resistance levels are areas to be closely monitored.Crypto NewsBitMine has filed for a $20 billion share sale to acquire more ETH. Traders increased their positions anticipating a Fed rate cut in September.SUI Network mistakenly published and then deleted a blog post. The post stated that a listing announcement was made on Robinhood. This likely indicates that a draft press release was published prematurely.Trump: Considering lawsuit against Powell over Fed building costs.SEC's Peirce: We're not waiting for legislation to work on crypto.Ethereum surpasses $4,500 for the first time since December 3, 2021!21Shares filed a revised S-1 form for the Sui ETF.Kazakhstan-based Fonte Capital introduced Central Asia's first Bitcoin ETF.CryptocurrenciesTop Gainers:OKB → Up 174.6% to $126.64FARTCOIN → Up 24.9% to $1.07QUBIC → Up 20.6% to $0.00000278DEEP → Up 15.6% to $0.17445165GT → Up 14.9% to $18.80Top Losers:PROVE → Down 15.3% to $1.43WEMIX → Down 7.8% to $0.79438738ZORA → Down 7.0% to $0.11173092ZBCN → Down 5.5% to $0.00488242B → Down 4.1% to $0.63282928Fear Index:Bitcoin: 71 (Greed)Ethereum: 51 (Neutral)Dominance:Bitcoin: 59.28% ▼ 0.69%Ethereum: 14.08% ▲ 1.78%Total Daily Net ETF InflowsBTC ETFs: $65.90 MillionETH ETFs: $523.90 MillionGlobal Markets, the Most Valuable Companies, and Stock PricesThe US July CPI rose 0.2% month-over-month and remained unchanged at 2.7% year-over-year. The core CPI rose 0.3% month-over-month and 3.1% year-over-year. Housing prices rose, while energy prices fell 1.1%. The data's lack of expectations fueled expectations for a Fed interest rate cut. This led to buying in global stock markets. US and European futures are positive, with strong buying in Asia. Progress in trade talks and expectations for the Trump-Putin summit scheduled for Friday in Alaska are also supporting markets. The dollar index and US 2-year Treasury yields declined slightly, while the VIX index fell to its lowest level of the year at 14.73.NVIDIA (NVDA) → Market capitalization of $4.47 trillion, price per share of $183.16, increased by 0.60%.Microsoft (MSFT) → Market capitalization of $3.93 trillion, price per share of $529.24, increased by 1.43%.Apple (AAPL) → Market capitalization of $3.41 trillion, price per share of $229.65, increased by 1.09%.Alphabet (GOOG) → Market capitalization of $2.46 trillion, price per share of $204.16, increased by 1.25%. Amazon.com (AMZN) → Market capitalization of $2.36 trillion, price per share of $221.47, increased by 0.08%.Borsa Istanbul Updates and Most Valuable CompaniesThe current account deficit reached $2.0 billion in June. The 12-month current account deficit increased to $18.9 billion. Energy and gold imports contributed to the increase. The Treasury borrowed a total of 136.1 billion TL in the last two days. The BIST 100 fell 0.8% yesterday, with Aselsan and Tüpraş leading the decline. THY and Destek Finans Factoring limited losses. The Trump-Putin meeting and positive global sentiment may keep the BIST 100 slightly bullish today.QNB Finansbank (QNBTR) → Market capitalization of $2.95 trillion, price per share of $793.50, decreased by 9.98%.Aselsan Electronics Industries (ASELS) → Market value of 784.32 billion TL, price per share of 173.60 TL, increased by 0.93%.Turkey Garanti Bank (GARAN) → Market value of 614.46 billion TL, price per share of 147.20 TL, increased by 0.62%.Koç Holding (KCHOL) → Market value of 455.95 billion TL, price per share of 178.90 TL, decreased by 0.50%.Turkish Airlines (THYAO) → Market value of 440.91 billion TL, price per share of 319.75 TL, increased by 0.08%.Precious Metals and Currency PricesGold: 4377 TLSilver: 50.33 TLPlatinum: 1777 TLDollar: 40.73 TLEuro: 47.59 TLWe look forward to bringing you the latest updates again tomorrow.

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13 Aug 2025
Daily Market Summary – August 13, 2025 | JrKripto

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