Regulation
This page lists the latest Regulation news and market analysis. Browse articles, expert insights, and updates in this category on JrKripto. Stay informed with in-depth coverage of cryptocurrency trends and developments.
News
Regulation News
Regulation News
Browse all Regulation related articles and news. The latest news, analysis, and insights on Regulation.
FTX will Pay $5 Billion to Creditors on May 30
The crypto exchange FTX has reached a significant milestone in its post-bankruptcy recovery process. The company announced that, as of May 30, 2025, it will make cash payments exceeding $5 billion to its creditors. This payment will be the second major distribution phase of the recovery process.Second Round of Repayments BeginsIn the process managed by the FTX Recovery Trust, users who have previously completed the required steps will receive their payments through their chosen distribution service providers, such as BitGo or Kraken. Distributions will begin on May 30 and are generally expected to be completed within 1–3 business days.FTX will prioritize requests of $50,000 and above in these payments. In the first round of payments made earlier, $800 million had been distributed for claims under $50,000. Now, an additional $400 million has been allocated for these users, and this distribution will take place later in the year.Market Impact ExpectedAll repayments will be made in cash. However, a significant portion of users who remained in crypto during FTX’s collapse are expected to convert this cash back into cryptocurrencies. Especially the bullish expectations for the second half of the year may trigger this shift.Analysts believe that such a large cash inflow into the market could have a buying pressure effect in the spot market. A large number of investors harmed by the FTX collapse may tend to recover their losses through crypto.Total Expected Repayment Could Reach $16 BillionAccording to estimates, FTX’s total bankruptcy estate is between $14.7 and $16.5 billion. The company predicts that 98% of eligible creditors will receive at least 118% of their original claims back in cash.On the other hand, users who do not verify their claims through official portals by June 1 face the risk of losing their right to this distribution. FTX has issued a warning to users in this regard.FTX Repayment Process – Quick NotesPayment date: May 30, 2025Total amount to be paid: $5 billionPriority groups: Claims of $50,000 and aboveDistribution providers: BitGo and KrakenDelivery time: 1–3 business daysCompliance process deadline: June 1, 2025
Daily Market Summary with JrKripto 14 May 2025
You can find today’s “Daily Market with JrKripto,” where we compiled the most important developments in global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest evaluations.Bitcoin (BTC) is currently trading at $103,170. The strong upward trend that started from the $75,930 level gained momentum after surpassing the $101,059 and $104,000 resistance levels. However, with the price pulling back from the $104,629 level, a short-term correction movement is being observed. During this process, the $101,059 level stands out as the first significant support. If this level is maintained, the upward trend may gain momentum again, and if the $104,629 resistance is broken, the targets of $108,000 – $109,850 may come back into focus. Otherwise, the $96,115 and $94,570 levels will be followed as support levels in downward movements.Ethereum (ETH), on the other hand, is trading at the $2,600 level. With the effect of the upward movement that started from the $1,486 level, the $2,453 resistance was broken, and the price rose up to the $2,550 level. However, with some profit-taking at this point, the price has pulled back slightly. Currently, the $2,453 level is being tested as support. If it can remain above this level, the $2,595 and $2,981 resistance levels may once again become targets. However, if it drops below $2,453, the $2,095 and $1,790 levels should be followed as gradual support zones. Holding above $2,453 is critically important for the upward trend in ETH to continue.Crypto NewsTrump: I’m a big fan of crypto.SEC has accepted 21Shares’ spot DOGECOIN ETF application.SEC has postponed Grayscale’s Litecoin spot ETF application.Trump: What’s up with “Always Delayed Powell”? It’s not fair for an America that’s ready to bloom.Nvidia announced a “strategic partnership” with Humain to build artificial intelligence factories in Saudi Arabia.CryptocurrenciesTop Gainers:GRASS → increased by 32.5% to $2.14ETHFI → increased by 30.3% to $1.35TDCCP → increased by 30.1% to $0.41883782RAY → increased by 19.4% to $3.78SYRUP → increased by 17.3% to $0.30284282Top Losers:MOODENG → decreased by 10.9% to $0.27000123KAITO → decreased by 8.3% to $1.87PNUT → decreased by 4.5% to $0.41688071DEXE → decreased by 3.9% to $12.31MOG → decreased by 3.8% to $0.00000107Fear Index:Bitcoin: 71 (Greed)Ethereum: 58 (Greed)Dominance:Bitcoin: 62.07% ▼ 0.18%Ethereum: 9.72% ▼ 0.05%Daily Total Net ETF InflowsBTC ETFs: -$91.40 MillionETH ETFs: $13.50 MillionGlobal MarketsInflation data released in the U.S. in April came in below expectations, and with this development, the positive news from U.S. President Donald Trump’s investment talks with Gulf countries led to positive closings in the stock markets.According to the released CPI data, headline inflation came in at 0.2% monthly, below the expected 0.3%. Annual inflation also came in at 2.3%, below the market expectation of 2.4%. This marked the lowest level seen since February 2021. Core inflation, which excludes food and energy, remained in line with expectations at 2.8% annually, while it was 0.2% monthly, below the 0.3% forecast.The slowdown in service inflation continued, but the price increases in housing and rent items remained strong. Additionally, decreases were observed in food, used car, and clothing prices. On a monthly basis, energy prices rose by 0.7%, healthcare services by 0.5%, and housing costs by 0.3%. In some items, price increases due to tariffs were also observed.In addition to the inflation data, investments announced during U.S. President Donald Trump’s meeting with Saudi Crown Prince Mohammed bin Salman also supported the markets. Trump announced that a total investment of $600 billion is being worked on between the two countries. As part of this, a $142 billion arms deal was signed. Investment plans for data centers from tech giants like Nvidia, Amazon, and Google were also announced.With the impact of these developments, the Nasdaq Index rose by 1.61%, and the S&P 500 increased by 0.72%. However, the decline in shares of healthcare company United Health negatively affected the Dow Jones Index, which ended the day with a 0.64% loss.Today, markets will focus on the weekly crude oil inventory data. While Asian markets started the day on a positive note, European markets are expected to start the day flat.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.34T market cap, $449.14 per share, ▼ 0.03%Apple (AAPL) → $3.18T market cap, $212.93 per share, ▲ 1.02%NVIDIA (NVDA) → $3.17T market cap, $129.93 per share, ▲ 5.63%Amazon (AMZN) → $2.24T market cap, $211.37 per share, ▲ 1.31%Alphabet (GOOG) → $1.94T market cap, $160.89 per share, ▲ 0.82%Borsa IstanbulIn March, Turkey’s current account deficit came in at $4.1 billion, slightly above market expectations. The 12-month cumulative current account deficit remained steady at $12.6 billion, while excluding gold and energy, the current account surplus showed a limited increase of $0.3 billion compared to the previous month, reaching $51.6 billion. According to seasonally adjusted data, a limited improvement was observed in the general current account balance in March due to recovery in gold and energy balance. However, there was a monthly deterioration in the current account balance excluding gold and energy. This indicates that both upside and downside risks remain for year-end current account balance expectations.On Borsa Istanbul (BIST-100), after Monday’s strong rise, the index lost 0.5% on Tuesday due to profit-taking. Investors are focused on the expected Russia-Ukraine ceasefire talks in Istanbul on Thursday. The dollar-based value of BIST-100 is around the 250 level, about 15% below the March 2025 peak. Signs of recovery in inflation indicators and positive geopolitical developments could lay the groundwork for the index to move back toward its previous peaks. In this context, a flat performance is expected on BIST today.From a technical standpoint, the BIST100 index fell to the 9652 level at the start of the day yesterday, but closed the day at 9700 after buying interest. The 9475–9580 range is considered a key transition zone, and as long as it stays above this band, the upward expectation is thought to continue. If the index exceeds the 9740/9750 level, testing the 9895 resistance may come into play. In downward movements, the 9580–9475 band stands out as the first strong support region. If these levels are broken, the 9230, 9044, and 8870 levels will be followed as support. On the upside, the 9740/9750, 9895, and 9953 levels will be followed as resistance points.Most Valuable Companies on Borsa IstanbulQNB Finansbank (QNBTR) → ₺904.5 billion market cap, ₺279.50 per share, ▲ 3.52%Aselsan Electronic Industry (ASELS) → ₺623.81 billion market cap, ₺138.00 per share, ▲ 0.88%Garanti Bank (GARAN) → ₺460.74 billion market cap, ₺113.90 per share, ▲ 3.83%Turkish Airlines (THYAO) → ₺420.21 billion market cap, ₺300.75 per share, ▼ 1.23%ENKA Construction and Industry (ENKAI) → ₺404.47 billion market cap, ₺69.50 per share, ▲ 0.72%Precious Metals and Exchange RatesGold: ₺4,022Silver: ₺41.25Platinum: ₺1,242Dollar: ₺38.78Euro: ₺43.43Looking forward to meeting again tomorrow with the latest news!
Eric Adams“ "The Future of Crypto Will Be Written in New York”
At a press conference, New York City Mayor Eric Adams once again clearly stated his goal of making New York the "crypto capital of the world." This statement comes ahead of the New York City Crypto Summit, which will be held at Gracie Mansion on May 20, drawing renewed attention to the city's ambition to lead in digital assets.Financial Inclusion and Technological LeadershipAdams emphasized that New York has long been the financial capital of the world and expressed his intention to maintain this role in the future through blockchain and crypto technologies. Highlighting the potential of cryptocurrency technologies to provide financial inclusion for those without access to traditional banking systems, Adams also stressed the importance of considering the social impact of these technologies.Crypto Summit: Public and Private Sectors Come TogetherScheduled for May 20, the New York City Crypto Summit will bring together public officials and leading figures from the crypto ecosystem. With key participants such as Figure co-founder June Ou and Traction & Scale CEO Richie Hecker, the summit will serve as a platform for fostering public-private partnerships and innovative ideas.Emphasis on Balanced RegulationAdams pointed out that one of the most important issues facing the crypto industry is “balanced regulation.” Warning that overly harsh regulations could stifle innovation, he stated that policies should strike a balance between investor protection and innovation.Growing Crypto EcosystemRecalling that he received his first three paychecks in Bitcoin and Ethereum when he took office in 2022, Adams described this step as a symbol of the city's crypto vision. Today, New York has become a hub for leading crypto firms such as MoonPay, Coinbase, and Gemini.According to Adams, New York’s leadership in digital finance can only be achieved through a unified vision shared by the public and private sectors. The Crypto Summit will be one of the milestones supporting this vision with concrete steps.New York’s ambition to become the crypto capital is not merely symbolic, but the result of a strategy shaped collectively by the public, regulators, and the industry.
Coinbase Joins the S&P 500 Index: A Historic First in the Crypto Sector
Coinbase Global Inc. (NASDAQ: COIN), one of the leading cryptocurrency exchanges in the U.S., will officially join the S&P 500 index starting Monday, May 19, 2025.Coinbase will take the place of Discover Financial Services, which is being acquired by Capital One, thus earning the title of the first crypto-focused company to be included in this prestigious index.A Milestone in Crypto Finance HistoryCoinbase’s entry into the S&P 500 is being interpreted as a striking sign of legitimacy for the digital asset sector. CEO Brian Armstrong announced the development on social media platform X, saying:"Coinbase is now the first and only crypto company to join the S&P 500. These milestones show that crypto is here to stay."The S&P 500 is one of the world’s most widely followed stock indexes, tracking the performance of the 500 largest publicly traded companies in the U.S. To be included in this list, a company must be U.S.-based, have a minimum market capitalization of $15 billion, possess high liquidity, and report positive net income for the last four consecutive quarters. Coinbase has successfully met all of these criteria.Immediate Market ReactionCoinbase shares surged by as much as 11% following the announcement after the close of trading on Monday, May 12. The company reached a market capitalization of approximately $50.8 billion, drawing the attention of index funds and passive investment firms. Since ETFs and index funds that track the S&P 500 must automatically include these stocks in their portfolios, this creates an immediate demand for the shares.This move also reignited interest in the crypto industry among institutional investors. Coinbase’s inclusion in the index is seen as a signal that traditional financial circles no longer view crypto as a passing trend.Why Is This So Important?Increased Investment Demand: Index funds and ETFs will add COIN shares to their portfolios, potentially boosting demand and liquidity.Institutional Legitimacy: Crypto has taken another step toward becoming a mainstream investment vehicle.Signaling Effect: The inclusion of a player like Coinbase could open the door for other companies in the sector.Coinbase's inclusion in the S&P 500 marks a historic milestone not only for the company but for the entire cryptocurrency industry.
Daily Market Summary JrKripto May 2025
You can find today’s “Daily Market with JrKripto,” where we’ve compiled the most important developments in global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest evaluations.Bitcoin (BTC) is currently trading at $104,300. Following a strong uptrend that started from the $75,930 level, BTC continued its rise by breaking through the $101,059 resistance and then the $104,000 level. If this upward move continues, the next potential targets are $108,000 and $109,850. However, in the event of short-term profit-taking, $101,059 should be monitored as the first support level. If BTC falls below this level, the $96,115 and $94,570 support zones could come into play. To maintain the strength of the trend, it is important for BTC to stay above $101,000.Ethereum (ETH), on the other hand, has risen to the $2,550 level. The strong rally that started from the $1,486 support has accelerated after surpassing the $2,453 resistance. If this uptrend continues, $2,595 and subsequently $2,981 could be the next resistance targets. In case of a potential correction, $2,453 has now become the first support level. If this level is breached, the $2,095 and $1,790 support levels may come back into focus. To sustain the positive outlook for ETH, holding above $2,453 is crucial.Crypto NewsTrump announced that he will sign an executive order to lower drug prices.China will reduce tariffs on U.S. goods from 125% to 10% for 90 days!The U.S. has reduced its tariffs on Chinese goods from 145% to 30%.Zelensky: I will wait for Putin in Turkey on Thursday.“I expect a full, permanent ceasefire starting tomorrow.”The White House stated that more trade deals might be announced this week.OpenAI is in talks with Microsoft for new funding and a potential future IPO.Top Gainers:MOODENG → Up 65.5% to $0.26478145PI → Up 56.8% to $1.54TOSHI → Up 36.8% to $0.00085043WIF → Up 36.5% to $1.22GOAT → Up 35.8% to $0.22228838Top Losers:SYRUP → Down 8.7% to $0.27339711DEXE → Down 5.5% to $13.23BORG → Down 5.0% to $0.24050204QGOLD → Down 3.2% to $3,221.53PAXG → Down 3.1% to $3,228.13Fear Index:Bitcoin: 70 (Greed)Ethereum: 60 (Greed)Dominance:Bitcoin: 62.93% ▼ 0.36%Ethereum: 9.22% ▼ 0.49%Daily Net ETF Inflows:BTC ETFs: $321.40 MillionETH ETFs: $17.60 MillionGlobal MarketsThis morning, global stock markets are trading positively amid optimism stemming from progress in U.S.-China trade negotiations and a ceasefire between Pakistan and India. Statements made after weekend talks between the U.S. and China indicate that the trade war, which has caused uncertainty in the markets since the beginning of the year, may be nearing resolution. U.S. President Donald Trump announced on social media that significant progress has been made between the two countries, which would benefit both sides. He also stated that drug prices would be reduced by between 30% and 80%.U.S. stock indices closed flat on the last trading day of the week (Friday), but futures are trading with strong buying interest this morning due to the positive tone of the talks. On the economic data front, the Consumer Price Index (CPI) for April, due on Tuesday, and the Producer Price Index (PPI), scheduled for Thursday, will be in focus. In corporate earnings, Cisco Systems on Wednesday and Walmart and Alibaba on Thursday will be watched closely. Geopolitically, the ceasefire between Pakistan and India has helped reduce regional risks. Asian markets have started the week positively, and European markets are also expected to open with strong gains. Overall, global markets are showing a positive trend this week thanks to growing trade optimism and easing geopolitical risks.Most Valuable Companies and Stock Prices:Microsoft (MSFT) → $3.26T market cap, $438.73 per share, up 0.13%Apple (AAPL) → $2.97T market cap, $198.53 per share, up 0.53%NVIDIA (NVDA) → $2.84T market cap, $116.65 per share, down 0.61%Amazon (AMZN) → $2.05T market cap, $193.06 per share, up 0.51%Alphabet (GOOG) → $1.86T market cap, $154.38 per share, down 0.88%Borsa IstanbulAccording to the Industrial Production Index (IPI) data released for March, seasonally and calendar-adjusted industrial production increased by 3.4% compared to the previous month. However, the unadjusted raw data showed a 2.7% year-on-year decline. The main reason for this decline is that March this year had 1.5 fewer working days compared to last year. Such calendar differences can lead to distortions in annual comparisons. In the calendar-adjusted annual data, industrial production increased by 2.5%, indicating notable monthly gains in some sectors, though this increase was not widespread across all sectors.Domestically, key data such as retail sales volume, turnover indices, and construction cost index will be announced today. Additionally, tomorrow, the Treasury will hold bond auctions indexed to TLREF (Turkish Lira Overnight Reference Rate) and CPI (Consumer Price Index), both with 4-year maturities. The current account balance, budget balance, and CBRT Market Participants Survey, which will be released this week, will also be closely monitored for insights into the economic outlook.The BIST-100 index ended last week with a 2.4% gain. As the new week begins, a positive outlook is forming, supported by diplomatic developments. In particular, the announcement of a meeting to be held in Istanbul on Thursday for Russia-Ukraine peace talks could positively impact Turkey's risk premium if the process proceeds well. On the economic front, Treasury and Finance Minister Mehmet Şimşek is expected to meet with domestic investors at an investment conference organized by Ak Yatırım following his contacts with international investors.From a technical perspective, the BIST-100 index received support at the 9232 level during Friday’s intraday pullback and closed at 9391. Technically, the 9044 level remains a strong support zone. If the recovery from this level continues, the next target could be the 9475–9580 resistance band. If this band is breached, the short-term positive outlook could strengthen further, possibly pushing the index toward the 9740–9895 range. On the downside, the 9044–8870 zone is a critical support area. A drop below this range could trigger a more pronounced decline toward 8725–8618 levels.In general, Borsa Istanbul is expected to start the week with a bullish tone in parallel with the positive global market sentiment. However, the course of economic data and diplomatic developments should be monitored closely.Most Valuable Companies on Borsa Istanbul:QNB Finansbank (QNBTR) → ₺883.56 Billion market cap, ₺269.25 per share, up 2.09%Aselsan Elektronik Sanayi (ASELS) → ₺680.35 Billion market cap, ₺141.2 per share, down 5.36%Türkiye Garanti Bankası (GARAN) → ₺425.04 Billion market cap, ₺104.4 per share, up 3.16%Turkish Airlines (THYAO) → ₺405.72 Billion market cap, ₺304.00 per share, up 3.40%ENKA İnşaat ve Sanayi (ENKAI) → ₺398.9 Billion market cap, ₺74.20 per share, up 9.04%Precious Metals and Exchange Rates:Gold: ₺4080Silver: ₺39.91Platinum: ₺1225USD: ₺38.74EUR: ₺43.55See you again tomorrow with the latest news!
Meta's New Crypto Plan: Tether and USDC Can Be Integrated into Payments
Meta is preparing to return to the crypto world after a three-year break. It is now reported that the company is in talks with various crypto infrastructure firms to launch stablecoin-supported payments on its platforms. This development is a significant signal for both the crypto market and global payment systems.Meta’s Strategic ComebackAccording to a report by Fortune, Meta is working on a model where popular stablecoins like Tether’s USDT and Circle’s USDC can be integrated as multiple tokens. This step specifically aims to make micro-payments to content creators through platforms like Instagram and WhatsApp faster, cheaper, and more efficient.The new payment initiative is being led by Ginger Baker, who has experience in the fintech and blockchain world. Meta currently describes the process as being in “learning mode,” but the scale of the steps being taken shows that this transformation is not superficial but rather a long-term strategic move.Stablecoin Race: Tech Giants on the FieldMeta is not alone in this field. Recently, many major finance and tech companies have entered the stablecoin space:On May 7, Visa invested in the stablecoin venture BVNK.Stripe launched stablecoin-based accounts in over 100 countries.World Liberty Financial (WLFI) launched the USD1 stablecoin pegged to the U.S. dollar in March. In just two months, it became the seventh-largest stablecoin by market value.U.S. Treasury Secretary Scott Bessent summarizes this trend clearly:“Stablecoins are a great opportunity to increase the dollar’s dominance in the digital world.”However, this growth is being affected by a lack of regulation. On May 8, Democratic senators blocked the Genius Stablecoin Act, delaying the regulation process.Why Is This So Important?The fact that a tech giant like Meta is working on stablecoin integration significantly strengthens the potential for daily use of cryptocurrencies. This is not just a change in payment methods; it also provides four critical contributions that could increase the use of stablecoins in everyday life:Low transaction costs: Bank fees are eliminated.Instant and cross-border transfers: Global content creators can receive payments instantly.Growth of in-platform economy: Revenue models in apps like Instagram and WhatsApp will be reshaped.Digital financial inclusion: Offers opportunities for users without traditional bank accounts.Digital Payments Cross a New ThresholdThe step Meta is about to take could be transformative not only for its own platforms but for the entire crypto ecosystem. Stablecoins are no longer just an “experiment”; they are preparing to become a mainstream tool in global payment systems.As regulations become clearer and tech companies take more steps in this area, the idea of “paying with crypto” will no longer be the future—it will be today’s reality.
What Does the Genius Stablecoin Law Mean?
A newly introduced bill in the United States has opened the door to a major transformation in the crypto world. Called the “Genius Stablecoin Act” (GENIUS Act), this bill particularly concerns stablecoin issuers like Tether (USDT). The law foresees that Tether, regardless of where it is headquartered, will now be subject to U.S. laws. This is a critical development not just for Tether but for the entire global stablecoin sector.Tether to Be Subject to U.S. RegulationsThe most notable clause in the new bill is the principle of “extraterritoriality,” which includes foreign companies within the jurisdiction of the United States. In other words, every stablecoin issuer that serves users in the U.S.—even if their headquarters are abroad—will now be required to comply with American regulations. Tether, which is based in El Salvador, will be directly affected by this regulation.Tether CEO Paolo Ardoino stated that they view this initiative positively and aim to maintain a constructive collaboration with U.S. regulators. However, the company will now have to comply with stricter reporting and transparency rules.What Does the GENIUS Act Bring?According to the bill, stablecoin-issuing companies will face the following regulations:1:1 Reserve Requirement: Every stablecoin must be fully backed by assets such as U.S. dollars or short-term Treasury bills.Licensing and Supervision: Projects over $10 billion will be federally licensed, while smaller ones will be licensed at the state level.AML/KYC Compliance: All issuers will be subject to anti-money laundering and know-your-customer rules.Regular Reporting: Monthly reserve reports and annual independent audits will be required.Although it is not yet certain whether the GENIUS Act will become law, the framework it proposes signals the beginning of a period where stricter rules will dominate the stablecoin market. As the U.S. continues its efforts to expand influence in this area, a new adaptation process may begin for giants like Tether. During this process, both investors and industry players will have to be more prepared for regulatory uncertainties.
U.S. Vice President J.D. Vance Will Speak at the Bitcoin 2025 Conference
U.S. Vice President J.D. Vance will take the stage at the Bitcoin 2025 Conference, which will be held in Las Vegas from May 27 to 29, 2025. This speech will be the first public address in which a U.S. vice president openly supports Bitcoin. This event, which holds significant symbolic importance for the crypto world, shows the growing influence of Bitcoin in politics.Historic Conference, Historic SpeechBitcoin 2025 is a massive event expected to attract more than 30,000 participants from around the world. Vance, who will be part of the conference's “Code + Country” sessions, will deliver his keynote speech on the morning of May 28 at 9:00 AM.This speech is considered a continuation of the Trump administration’s clear stance on crypto. Coming exactly one year after President Donald Trump’s speech at the 2024 Bitcoin conference, this move demonstrates the ongoing public support for Bitcoin from the White House.Vance's Approach to BitcoinDuring his tenure in the Senate, Vance displayed an open attitude toward crypto assets and drew attention with his views on financial sovereignty. He frequently cited incidents such as the freezing of bank accounts in Canada in 2022 as examples of the control risks posed by centralized systems. He also publicly criticized the SEC’s strict enforcement actions against crypto companies.According to federal financial disclosures, J.D. Vance’s personal Bitcoin holdings are reported to be between $250,000 and $500,000. This positions him not only as a political supporter but also as an active investor who believes in crypto assets.Broad Participation, Strong MessagesThe Bitcoin 2025 conference is not limited to Vance’s speech. The event will also feature appearances by Eric Trump, Donald Trump Jr., White House Artificial Intelligence and Crypto Advisor David Sacks, Strategy Board Chairman Michael Saylor, and Silk Road founder Ross Ulbricht.This broad participation reveals how the crypto world has become a growing force not only in technology but also in the fields of economy and politics.
Bitcoin's New Strategic Player: David Bailey's "Nakamoto" Initiative
As institutional moves within the Bitcoin ecosystem continue to increase day by day, a notable step has also come from U.S. President Donald Trump’s crypto advisor and BTC Inc. CEO David Bailey. Bailey has raised $300 million to establish a publicly traded Bitcoin investment company named “Nakamoto.” The company’s strategy is based on a model that places Bitcoin at the center of its balance sheet.Nakamoto: A New Generation Investment Firm Adopting Bitcoin as a Core AssetNakamoto takes its name from Bitcoin’s mysterious creator Satoshi Nakamoto and aims to build a Bitcoin-based capital structure by adopting the strategy model led by Michael Saylor. This structure, financed with $200 million in equity and $100 million in convertible debt, will allow the company to benefit from the appreciation of digital assets while diversifying traditional investment portfolios.First Targets: Brazil, Thailand, and South AfricaNakamoto aims for cross-border expansion. In the first phase, the company plans to invest in companies in Brazil, Thailand, and South Africa to expand its global presence. The goal is to accelerate Bitcoin adoption in these countries and secure a strategic position in their local economies.Public Offering in the SummerNakamoto announced it will go public through a reverse merger with an existing company listed on Nasdaq. This process is expected to be completed in the summer. The company also plans to establish an advisory board composed of well-known experts in finance and crypto.Institutional Bitcoin Adoption Is IncreasingThe Nakamoto move comes at a time when interest in Bitcoin at the institutional level continues to grow. David Bailey’s initiative, similar to Jack Mallers’ Twenty One Capital and Vivek Ramaswamy’s Strive Asset Management, highlights a Bitcoin-focused strategy at the institutional level.“Nakamoto” is not just a new Bitcoin company; it represents a new vision for institutional adoption of digital assets. This step, led by David Bailey, could signal the beginning of a new era in which investment models centered around Bitcoin become increasingly common.
Balanced Message from Powell: Is the Fed Preparing the Ground for June?
On the evening of May 7, 2025, the U.S. Federal Reserve (Fed) kept its policy rate steady at the 4.25–4.50% range. However, what markets were really curious about were the statements made by Fed Chair Jerome Powell following the meeting. Powell, in a cautious yet optimistic tone, signaled the beginning of a new era in monetary policy.Emphasis on "Data-Driven Flexibility" Instead of "Wait and See"Powell stated that the U.S. economy remains strong but noted that upward risks persist on both the inflation and unemployment fronts. He emphasized that despite the slowdown in inflation, concerns about its persistence continue. Nevertheless, he delivered a message of flexibility in monetary policy: he said the Fed will continue to evaluate its decisions in light of current data. This statement keeps the possibility of a rate cut at the June meeting alive.Laying the Groundwork for JuneA recent statement by Cleveland Fed President Beth Hammack, saying "May is too early, but June is seriously on the table," aligns with Powell's message. Market pricing has also taken shape in this direction. Interest rate futures indicate that a 25 basis point cut in June has gained significant probability.Dynamics Between the Trump Administration and the FedPowell, in response to President Trump's explicit calls for a rate cut, emphasized the Fed’s independence. By saying “We base our decisions on data and analysis,” he maintained a balanced stance against political pressure. Still, it appears that the Trump administration expects a rate cut to support growth as inflation declines. This political pressure is one of the factors increasing market expectations for June.Markets and Risk Assets Gain StrengthThere was no sharp correction in markets following the Fed’s decision to hold rates steady. On the contrary, with uncertainty diminishing and expectations of easing in the summer, risk appetite has increased. Gold tested the $3,300 level. A recovery trend was observed in Bitcoin and tech stocks. Especially the retreat in bond yields shows that investors are repositioning.Powell Cautious, Market HopefulPowell’s remarks suggest that the Fed may be creating room to maneuver for a rate cut in the summer. Even if May was a pause, a clear “preparation period” atmosphere has formed for the June meeting. If the downward trend in inflation continues and more signs of slowing growth emerge, summer 2025 could begin with a rate cut.Balances in the economy remain delicate, but the Fed’s clear messaging is being seen as a positive step for markets.
May Interest Rate Decision Is Being Announced: Eyes Are on Powell's Statement
U.S. Federal Reserve Expected to Hold Rates Steady on May 7, 2025, as Attention Turns to JuneThe U.S. Federal Reserve (Fed) is widely expected to keep its policy rate unchanged at its May 7 meeting. However, all eyes are now on June. Recent economic data, market pricing, and political pressures are increasing the likelihood of a rate cut as summer approaches.Hammack Sends a Clear SignalThe Fed has held interest rates steady in the 4.25%–4.50% range for the past two meetings. While inflation data suggests a mild cooling, signs of weakening economic growth are also emerging. Cleveland Fed President Beth Hammack said May is too early for a rate cut, but referred to June as a potential turning point.Powell to Speak: His Messages Will Be CrucialFed Chair Jerome Powell’s statements today will play a key role in shaping market sentiment. With his usual “data-dependent” language, Powell is expected to signal that a rate cut window could open in June. However, he may also adopt a selective tone without fully committing.Trump Sends a Clear Message to the Fed: “Cut Rates”U.S. President Donald Trump has made interest rate cuts a central focus of his economic policy. A statement from the White House emphasized, “Prices are falling, energy is getting cheaper, the Fed should cut rates now.” Having won the 2024 election, Trump aims to establish a growth model driven by employment and investment.What Are Markets Expecting?Markets had already priced in a pause at the May meeting. However, interest rate futures for June now reflect a strong probability of a 25 basis point cut. Assets like gold, Bitcoin, and the Nasdaq have already responded positively to this expectation.June Could Be a Turning PointThe June 17–18 meeting is shaping up to be a pivotal moment for 2025. With inflation momentum slowing and the labor market softening, the first signals of a rate cut could be delivered.If the Fed announces today that it is holding rates steady, it will come as no surprise. The real focus will be on Powell’s nuanced remarks. Any potential rate cut in June will be a key indicator of the direction of the U.S. economy and global market risk sentiment.
Daily Market Summary with JrKripto 7 May 2025
You can find today’s edition of “Daily Market with JrKripto,” where we compile the most important developments in global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest assessments.Bitcoin (BTC) is currently trading at $97,000. With a strong upward trend that started from the $75,930 support, BTC has surpassed the $95,000–$96,000 resistance zone and continues to gain upward momentum. If this movement continues, the next target could be the $101,000 level. However, in case of profit-taking, the $94,000–$95,000 range can be monitored as the first support zone. If this level is breached, $90,500 and then $86,500 will be the next key support levels to watch.Ethereum (ETH) is trading at $1,830. The recovery process that began from the $1,486 support has lifted ETH back above the $1,800 level. If the upward move continues, the $1,888 and $1,950 levels could act as resistance. However, if the price pulls back from $1,830, the first support is at $1,790. If it remains below this level, $1,700 could come into play as strong support. For ETH to maintain its upward trend, holding above the $1,790 level is critically important.Crypto NewsTrump: "I will make an announcement that will shake the world."Trump on China: "They want to negotiate."Bitwise filed a spot ETF application for NEAR.The U.S. and U.K. are expected to sign a new trade deal this week.The Governor of New Hampshire signed a bill allowing the state to invest in Bitcoin and cryptocurrencies.Standard Chartered Bank forecasts $BNB will reach $2,775 by 2028.Chinese President Xi: "We are ready to work with EU leaders to broaden mutual openness and handle frictions and disputes appropriately."Top Gainers in CryptoKAITO → up 49.9% to $1.25SYRUP → up 26.9% to $0.2388CVX → up 14.4% to $3.14STX → up 12.7% to $0.8553LTC → up 12.0% to $91.79Top Losers in CryptoMOVE → down 17.9% to $0.1573VIRTUAL → down 17.4% to $1.36LAYER → down 8.7% to $1.78FARTCOIN → down 7.8% to $1.02FRAX → down 6.0% to $2.00Fear IndexBitcoin: 62Ethereum: 43DominanceBitcoin: 65.25% ▼ 0.03%Ethereum: 7.50% ▲ 0.68%Daily Net ETF FlowsBTC ETFs: -$85.70 MillionETH ETFs: -$17.90 MillionData to Watch Today17:30 – U.S. EIA Crude Oil InventoriesForecast: -1.700M | Previous: -2.696M21:00 – FOMC Statement21:00 – Interest Rate DecisionForecast: 4.50% | Previous: 4.50%21:30 – FOMC Press ConferenceGlobal MarketsThe day began with escalating tensions between Pakistan and India turning into active conflict. Reports indicate missile strikes, downed aircraft, and casualties. As both countries are nuclear powers, this conflict raises serious global concerns. Although markets are currently unresponsive, further escalation could negatively impact global markets.This morning, the focus in global markets is on the U.S.–China tariff talks planned in Switzerland. Optimism prevails with hopes that these negotiations might ease trade wars. U.S. and European futures, along with most Asian markets (excluding India), are trading positively. While Asian indices are seeing strong buying, European markets are expected to open flat but positive.In the U.S., the 9-day rally driven by optimism over tariffs has ended. Trump's newly announced tax policies targeting the film and pharmaceutical industries have dampened investor appetite. Furthermore, the announcement that U.S. Treasury Secretary Scott Bessent will meet China’s Deputy Prime Minister in Switzerland between May 9–12 will be closely watched.U.S. indices dropped yesterday:S&P 500: -0.77%Dow Jones: -0.95%Nasdaq: -0.87%Only infrastructure (+1.23%) and energy (+0.10%) sectors posted gains among the 11 sectors of the S&P 500. Healthcare suffered the biggest loss, falling by 2.76%. The industrials and consumer discretionary sectors both declined by 0.85%.The U.S. also released trade data for March. The trade deficit widened by $17.3 billion to $140.5 billion. Most of this increase came from a $16.5 billion rise in the goods deficit. The services surplus decreased by $800 million. While exports remained unchanged, imports rose by 4.4% in anticipation of expected tariff hikes in April.Today, all eyes are on the Fed's interest rate decision. No change is expected in the rate. However, investors will closely monitor the pace of balance sheet reduction, long-term rate projections, and the Fed’s forward guidance signaled during the March meeting.Meanwhile, oil prices have begun to recover, driven by lower-than-expected crude inventory data and a downward revision of production forecasts by the International Energy Agency due to lower prices. This has supported energy sector performance.In general, markets today are navigating between optimism over U.S.–China talks, cautious pricing ahead of the Fed meeting, and the influence of geopolitical developments.Most Valuable Companies and Stock PricesMicrosoft (MSFT): $3.22T market cap, $433.31/share, ▼ 0.66%Apple (AAPL): $2.96T market cap, $198.51/share, ▼ 0.19%NVIDIA (NVDA): $2.77T market cap, $113.54/share, ▼ 0.25%Alphabet (GOOG): $1.99T market cap, $165.20/share, ▼ 0.51%Amazon (AMZN): $1.96T market cap, $185.01/share, ▼ 0.72%Borsa IstanbulDespite some mild buying yesterday, momentum in Borsa Istanbul remains weak. High interest rates, poor corporate earnings, and ongoing political risks continue to pressure the market. Retail and aviation stocks underperformed on concerns about weakening domestic demand. On the other hand, buying in banking, real estate investment trusts (REITs), mining, and defense stocks provided limited support to the index. Nevertheless, the BIST 100 index closed the day flat at 9,135 points. The intraday high was 9,228 points.Movements in both directions remain limited. Technically, the 9,044–8,870 range is still a strong support zone, consistent with previous lows. If the index holds in or just above this range, a continued rebound is possible. But a break below it could increase selling pressure and push the index down to 8,618–8,500. On the upside, initial resistance lies at 9,266. If this is breached, the 9,490–9,594 range is a key resistance zone. If this range is surpassed, the index may target 9,740–9,895–9,953 in the short term.On the macroeconomic side, TÜİK’s seasonally adjusted data shows monthly inflation rose slightly from 2.61% in March to 2.65% in April. Core inflation indicators (B and C indexes) accelerated to 2.84% and 3.02%, respectively, from 1.94% and 2.25% in March. Monthly increases in services hit 3.15%, while goods prices slightly declined (2.41%). Non-energy, non-food goods prices rose from 2.30% to 2.61%, largely due to currency effects.The CPI-based Real Effective Exchange Rate (REER) dropped 2.1% in April, reaching its lowest point since October 2021. This decline was driven by the Turkish lira’s depreciation—2.8% against the dollar and 7% against the euro. However, on an annual basis, REER remains at 11.6%, still indicating a zone of real appreciation.The Treasury borrowed a total of 35.3 billion TL yesterday through auctions, including non-competitive bids. In the 2-year fixed coupon bond auction, the average compound interest rate came in at 47.19%.Central Bank Governor Fatih Karahan stated in his presentation to the Turkish Parliament’s Planning and Budget Committee that current reserves are insufficient compared to short-term external debt and emphasized ongoing efforts to boost reserves.Also today, international credit rating agency Fitch will hold a webinar titled “Turkey’s Credit Outlook and Banking Sector.”Most Valuable Companies on Borsa IstanbulQNB Finansbank (QNBTR): 891.1B TL market cap, 267.75 TL/share, ▲ 0.66%Aselsan (ASELS): 626.54B TL market cap, 145.30 TL/share, ▲ 5.75%Garanti Bank (GARAN): 426.72B TL market cap, 101.50 TL/share, ▼ 0.10%Turkish Airlines (THYAO): 402.62B TL market cap, 289.50 TL/share, ▼ 0.77%ENKA Construction (ENKAI): 375.16B TL market cap, 63.10 TL/share, ▼ 1.41%Precious Metals and Exchange RatesGold: 4,199 TLSilver: 40.73 TLPlatinum: 1,228 TLDollar: 38.64 TLEuro: 43.90 TLWe’ll see you again tomorrow with the latest updates!
A New Trade Agreement Between the US and the UK is on the Way
The United Kingdom, United with the United States, is preparing to sign a new trade agreement this week. This step shows that despite the Trump administration's publicly perceived attitude as far from compromise, his team is conducting negotiations with 17 of the 18 major trading partners behind the scenes. According to the Financial Times, the new agreement between the US and the UK will be signed this week. Dec.What Does the Agreement Bring?The new trade package is aimed at reducing the effects of steel and automobile tariffs, especially those introduced during the Trump era. The UK had suffered losses in car and steel exports due to US tariffs of up to 25%. London hopes to reach a compromise by the end of this week to eliminate these harmful effects.Treasury Secretary Scott Bessent had previously stated in a statement that a tariff agreement for a major economy could be signed "as early as this week." The FT confirms that this country is the UK.Strategic Effects: Change of Direction in Trade?Sunday Sunday statements from the U.S. side,"we do not need our market, they want access to our market" draws attention to the emphasis. Trump has said in various press conferences that "we don't lose anything by not doing trade," arguing that the United States has the upper hand at the bargaining table.The UK's attitude towards the upcoming agreement with the United States is associated with the country's flexibility in the digital services tax and tariffs on US agricultural products. However, this situation may also set the stage for conflicts that may arise, especially in veterinary agreements with the European Union.Impact on the Cryptocurrency MarketThe signing of this trade agreement will show that the United States is not isolated and is open to compromise. This may trigger the perception that "uncertainty has been lifted" in the market. It is observed that such positive foreign trade news pushes up the price. For the cryptocurrency market, this agreement may be critical both for the recovery of the general market mood and for the legitimization of digital assets.
Historic Step from New Hampshire: Bitcoin Becomes an Official Reserve Asset
New Hampshire Becomes First U.S. State to Legalize Bitcoin Investment with Public FundsOn May 6, 2025, New Hampshire made history by becoming the first U.S. state to legalize the use of public funds for Bitcoin investment. Under the newly signed law, the state will be able to allocate up to 5% of its public assets to Bitcoin and similar digital assets.State Treasury Can Now Purchase BitcoinThe law, designated as HB 302, authorizes the New Hampshire State Treasury to direct up to 5% of public funds toward digital assets. However, there's a specific condition for such investments: only assets with a market capitalization exceeding $500 billion are eligible. Currently, the only asset that meets this threshold is Bitcoin.Moreover, these investments cannot be made directly. Instead, they must go through regulated ETFs or licensed custodial services, ensuring a model that prioritizes security and transparency.Inflation Fears and the Search for AlternativesWhy take such a step? The answer from one of the law's architects, Keith Ammon, is clear: “If the federal government managed the dollar properly, this wouldn’t be necessary.” In other words, this move can be seen as an effort to diversify reserves at a time when trust in the dollar is weakening.Put more plainly, the state is developing a “Plan B” against inflation. With its limited supply and decentralized nature, Bitcoin is being positioned as an alternative to traditional financial instruments.Not Just New Hampshire — The First Link in a Chain?According to Dennis Porter, CEO of the Satoshi Action Fund, this decision could open a new chapter not just for New Hampshire, but for the entire U.S. Porter believes this move could serve as a model for other states. And he may be right. While New Hampshire is the first state to include digital assets in its official reserves, it may not be the last.A New Chapter in U.S. Policy?HB 302 is more than just a technical fiscal policy decision — it sends a strong political message. It’s a statement on the future of traditional reserve systems, the long-term reliability of the dollar, and the legitimacy of cryptocurrencies at the state level.The law will go into effect 60 days after its signing. With this, New Hampshire will go down in history as the first U.S. state to officially include digital assets in its reserve list.Years from now, we may look back at this moment as the beginning of an era where Bitcoin found a place in government treasuries. New Hampshire has shown that it's not just a bystander in the digital age — it's a proactive player. Now, all eyes are on whether other states will follow suit.
Daily Market Summary with JrKripto 6 May 2025
You can find today’s “Daily Market with JrKripto,” where we compile the most important developments in global and local markets, below. Let’s analyze the general market conditions together and take a look at the latest updates.Here’s the updated version, aligned with current prices and presented as a single, cohesive text:Bitcoin (BTC) is currently trading at $94,300. Following an upward trend that began at the $75,930 support level, the price has managed to hold above the $94,000 mark. BTC continues to test the resistance zone between $95,000 and $96,000. If this level is broken to the upside, $101,000 could emerge as the next target. However, if profit-taking occurs around current levels, the first support lies at $90,500. Below that, $86,500 is considered a stronger support level.Ethereum (ETH) is trading at around $1,800. The recovery that started from the $1,486 support has pushed ETH back above the $1,800 level. Should the upward momentum continue, the resistance levels to watch are $1,888 and $1,950. On the downside, $1,790 will be the first support point in case of a pullback. If ETH drops below this level, $1,700 could act as the next support. Staying above $1,790 is key for ETH to maintain its current upward trend.Crypto NewsChinese President Xi stated: “We are ready to work with EU leaders to expand mutual openness and properly manage frictions and disagreements.”Tether minted $1 billion worth of USDT.Strategy announced the purchase of 1,985 BTC.Binance founder CZ stated that he proposed BNB and BTC as the initial reserve currencies for Kyrgyzstan’s national crypto fund. Previously, CZ had joined Kyrgyzstan’s National Crypto Committee upon the invitation of President Sadyr Japarov.VanEck submitted an S-1 filing for a BNB ETF.President Trump said, “I want crypto. Crypto is important because if we don’t do it, China will.”Top Gainers:DAKU → Up 28.6% to $0.1833SAROS → Up 14.8% to $0.1510TURBO → Up 14.1% to $0.0060MOVE → Up 11.4% to $0.1870SAFE → Up 10.7% to $0.4922Top Losers:LAYER → Down 37.6% to $1.96RAY → Down 13.4% to $2.31DEEP → Down 9.0% to $0.1734BRETT → Down 8.4% to $0.0505FLR → Down 8.4% to $0.0180Other Metrics:24-Hour Volume: $64.06BMarket Cap: $2.92TFear & Greed Index:Bitcoin: 57 (Greed)Ethereum: 51 (Neutral)Dominance:Bitcoin: 64.87% ▲ 0.05%Ethereum: 7.54% ▼ 0.45%Daily Net ETF Flows:BTC ETFs: $425.50 MillionETH ETFs: $0.0 MillionGlobal MarketsU.S. stock indices ended the first trading day of the week with minor losses after nine consecutive days of gains. The S&P 500 fell by 0.64%, the Dow Jones by 0.24%, and the Nasdaq by 0.74%. The consumer staples sector stood out with a slight increase, while energy (-2.02%), consumer discretionary (-1.32%), and tech (-0.85%) were the weakest.The drop in energy stocks was triggered by OPEC+ announcing an additional daily output of 411,000 barrels. Following the announcement, oil prices dropped by 1.85%. Furthermore, former President Donald Trump’s proposal to impose a 100% import tariff on foreign films led to selling pressure in media and entertainment stocks.Looking at economic data, the U.S. ISM services PMI rose to 51.6 in April, beating expectations of 50.2 and March’s 50.8, indicating accelerated activity in the service sector. The new orders index rose to 52.3, suggesting increased demand. However, the employment index remained in contraction territory at 49. The prices index surged to 65.1, the highest since January 2023, reflecting mounting cost pressures. The delivery times index rose to 51.3, suggesting slower deliveries.On the other hand, the S&P Global Services PMI for April was revised down from 51.4 to 50.8, indicating slight weakness. Today, the U.S. will release its March trade balance data; in February, the trade deficit was $122.7 billion.In global markets, China’s Caixin services PMI came in at 50.7, below the expected 51.7, creating a mixed outlook across Asian markets, while European markets are expected to open flat.Markets are now focused on the Fed’s interest rate decision and Chair Powell’s remarks. The Fed is expected to hold rates steady. U.S. weekly crude oil inventory data is also on today’s economic agenda.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.24T market cap, $436.17 per share, up 0.20%Apple (AAPL) → $2.99T market cap, $198.89 per share, down 3.15%NVIDIA (NVDA) → $2.78T market cap, $113.82 per share, down 0.59%Alphabet (GOOG) → $2T market cap, $166.05 per share, up 0.14%Amazon (AMZN) → $1.98T market cap, $186.35 per share, down 1.91%Borsa IstanbulIn Borsa Istanbul, weak momentum and capital outflows persist. Due to high interest rates, poor earnings reports, and ongoing political risks, the pressure on BIST is expected to continue. Technically, the 9000–9100 range serves as support, while the 9250–9280 zone is resistance. About 35% of companies have reported Q1 2025 results, and only 15% showed positive outcomes across six key metrics: revenue, gross profit, EBITDA, EBITDA margin, net profit, and return on equity. This is likely to lead to downward revisions in 12-month average targets and keep the index in a narrow range.Today, PMI and PPI data from Europe will be monitored. Turkey’s 5-year CDS started the day at 349 basis points.In April, Turkey’s CPI rose by 3.0% monthly, slightly below the 3.2% forecast. Annual inflation dropped to 37.86%, down 0.2 points. Core inflation indicators — the B index at 36.8% and the C index at 37.1% — showed minor declines. Due to currency movements, PPI increased by 2.76% month-on-month and fell to 22.5% year-on-year. This trend suggests an upward pressure on inflation, driven by TL depreciation and regulated price adjustments.Today, Turkey’s real effective exchange rate for April will be released. The Treasury will also conduct auctions for 2-year fixed coupon and 7-year floating rate bonds.Following the inflation report, Finance Minister Mehmet Şimşek stated that the year-end inflation is still expected to remain within the Central Bank’s forecast range. He also mentioned that due to new U.S. trade policies, some American companies are in talks to manufacture in Turkey, and efforts to combat the informal economy will be intensified. He will meet with investors in London and Doha next week.Data shows that demand for automobiles, especially imported ones, hit record highs in April. Externally, risk-off sentiment prevails ahead of the Fed meeting. Domestically, Central Bank Governor Fatih Karahan will present to the Parliament’s Planning and Budget Committee today.The BIST 100 index climbed to 9241 yesterday but closed at 9112 after selling pressure. The rebound from 9058 confirms that the 9044–8870 band is a strong support zone. As long as the index stays above this range, recovery may continue. However, sustained trading below this level could lead to a sharper decline toward the 8618–8500 zone. On the upside, 9490–9594 is the next resistance zone, and if breached, the 9740–9895 band may come into play. The index is expected to remain flat in the short term.Most Valuable Companies on Borsa IstanbulQNB Finansbank (QNBTR) → 900.31B TL market cap, 270.00 TL per share, up 0.47%Aselsan (ASELS) → 591.89B TL market cap, 136.90 TL per share, up 5.47%Garanti Bank (GARAN) → 425.88B TL market cap, 102.80 TL per share, up 1.38%Turkish Airlines (THYAO) → 405.72B TL market cap, 293.75 TL per share, down 0.09%ENKA Construction (ENKAI) → 373.70B TL market cap, 64.35 TL per share, up 0.94%Precious Metals and Currency RatesGold: 4,165 TLSilver: 41.06 TLPlatinum: 1,216 TLUSD: 38.60 TLEUR: 43.73 TLLooking forward to seeing you again tomorrow with the latest updates!
