Politics News

WLFI Supported by Trump Expands Crypto Portfolio by Purchasing AVAX

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SEC is considering classifying XRP as a commodity.

There is a new development in the cryptocurrency market. The US Securities and Exchange Commission (SEC) is holding important talks on whether XRP is a commodity. In this process, the possibility of XRP being included in the same category as Ethereum (ETH) is also being evaluated.Talks Between SEC and Ripple ContinueWhile the legal process between Ripple and SEC continues, a new era is being entered. According to Fox News, the SEC has discussed whether XRP is a commodity. If XRP is accepted as a commodity, the US Commodity Futures Trading Commission (CFTC) will take over the supervisory authority. Thus, the use of XRP in futures and derivative products will become possible.What Will Change If XRP Is Considered a Commodity?The SEC's classification of XRP as a commodity could lead to significant changes in the market. In this case, XRP will become an asset regulated by the CFTC, like Bitcoin and Ethereum. This could pave the way for XRP-based ETFs and eliminate uncertainties about Ripple's business model.According to James Seyffart, the SEC's classifications for cryptocurrencies could also affect Solana (SOL) and other digital assets in the future. The SEC's evaluation of SOL as a security is seen as the biggest obstacle to Solana ETFs. A similar situation applies to XRP.The Division of Authority Between the SEC and the CFTC Becomes ClearThe SEC's evaluation of XRP as a commodity could also usher in a new era in the regulatory framework for cryptocurrencies. If XRP is officially accepted as a commodity, the division of authority between the SEC and the CFTC will become clearer. While the SEC reduces its pressure on non-security tokens, the CFTC will undertake the task of overseeing market integrity.The Ethereum Example May Be Guiding for XRPIt is stated that the SEC is evaluating XRP by comparing it to ETH. It is known that Ethereum also went through an initial coin offering (ICO) process at the beginning, but over time it turned into a commodity. According to the information shared by Charles Gasparino, the SEC thinks that ETH is currently traded as a pure commodity and is evaluating whether a similar path can be followed for XRP.The Results of the Ripple Case Will Affect the Crypto MarketThe result of the Ripple case could set a precedent not only for XRP, but for the entire cryptocurrency ecosystem. If XRP is accepted as a commodity, regulatory uncertainty regarding cryptocurrencies will decrease, and similar projects will be able to reference this decision when arguing that their tokens are not securities. At the same time, it could stand out as a development that could limit the SEC's authority in lawsuits filed against exchanges such as Binance.From Ripple's perspective, accepting XRP as a commodity could allow the company to continue its activities in the US more easily. While the company aims to use XRP for cross-border payments and liquidity, it had to be cautious, especially in the US, due to the SEC case. If the securities classification on XRP is lifted, Ripple will be able to fully implement its business model.It is not yet clear whether the SEC will classify XRP as a commodity. However, this development could create a major transformation in the cryptocurrency market. If XRP is accepted as a commodity, this decision will have significant effects not only for XRP, but also for other cryptocurrencies and exchanges. The crypto world is closely following this critical decision by the SEC.Author: Besim Şen

Franklin Templeton's XRP Spot ETF Move

One of the developments that made a big splash in the cryptocurrency market was Franklin Templeton's XRP Spot ETF application. This application, submitted to the US Securities and Exchange Commission (SEC), is considered a big step for XRP investors. If the application is approved, this ETF, which tracks the price performance of XRP, will be traded on the Cboe BZX Exchange.Franklin Templeton and Crypto ETF InvestmentsFranklin Templeton, which manages more than $1.5 trillion in assets worldwide, continues to strengthen its presence in the crypto asset market. The company, which previously applied for an ETF for Solana (SOL), now aims to attract the attention of crypto investors by focusing on XRP. The increasing demand for ETFs for crypto assets other than Bitcoin and Ethereum is seen as a result of the maturation of the market and the expansion of regulatory frameworks.What Does the XRP Spot ETF Offer to Investors?Franklin Templeton's XRP Spot ETF offers investors the opportunity to benefit from the price movements of XRP without directly owning it. This is considered a safer and more regulated investment vehicle for both individual and institutional investors. How the SEC will respond to this application is a matter of great curiosity.What Do Crypto ETFs Add to the Market?Recently, after the approval of Bitcoin and Ethereum ETFs, similar steps have been taken for other major cryptocurrencies. The rise of altcoin ETFs shows that the traditional financial world is increasingly interested in crypto. The focus of large investment companies like Franklin Templeton on assets like XRP and Solana could lead to greater adoption of these cryptocurrencies by institutional investors.Awaiting SEC ApprovalFranklin Templeton's application is currently under review by the SEC. If approved, XRP will become accessible to a wider range of investors in traditional markets. However, due to regulatory uncertainties, there is no clear information on how long this process will take.The rise of ETFs in the cryptocurrency ecosystem is making the market more reliable and accessible. Franklin Templeton’s XRP Spot ETF application could be a significant turning point for both XRP investors and the crypto market. The decision to be taken by the SEC in the upcoming period will play a critical role in determining the future of crypto investment vehicles. Investors should follow the developments closely and determine their strategies by considering the market dynamics.Author: Besim Şen

US Plans to Buy 1 Million Bitcoins: Bitcoin System Gains Support

U.S. Congressman Nick Begich (R-AK) made significant statements regarding the Bitcoin bill that proposes the U.S. Treasury to purchase 1 million Bitcoin over the next five years. Begich stated that the likelihood of the bill passing in Congress is increasing and support for the proposal continues to grow.A Clear Plan for 1 Million BTC PurchaseBegich emphasized the importance of restructuring the Bitcoin system for the financial development of the United States. The bill aims for the U.S. Treasury to acquire 1 million BTC, with 200,000 BTC each year. The purchases will be budget-neutral, meaning they will not impose any additional tax burden on citizens. These funds will be sourced from Federal Reserve dividend payments and the revaluation of gold certificates.Begich noted that Congressional awareness of Bitcoin is increasing, and lawmakers are becoming more sensitive to national debt and budget deficits. This development has strengthened support for the bill. Bitcoin, like gold, is being highlighted as a valuable asset that should be part of the national reserves.Growing Political and Public SupportThe Bitcoin bill enjoys bipartisan support in Congress. Other supporters of the bill include Representatives Pat Harrigan (R-NC), Troy Nehls (R-TX), and Michael Rulli (R-OH). Senator Cynthia Lummis (R-WY) is also in the process of introducing a similar proposal in the Senate.The bill is well-received in the cryptocurrency sector. Organizations like the Bitcoin Policy Institute view the bill as part of an effort to modernize the U.S. financial system. Additionally, the public belief that Bitcoin protects against inflation makes it easier for the bill to gain support.Reserves Will Be TransparentBegich announced that the Bitcoin purchased under the bill will be stored in publicly visible addresses. This will allow the public to track exactly how much BTC the government holds. Begich stressed the importance of transparency and referred to past issues with the lack of auditing of Fort Knox gold reserves, which harmed public trust. He stated that Bitcoin can help overcome this issue.Support for Bitcoin Bill GrowsMembers of Congress supporting the bill:Pat Harrigan (R-NC)Troy Nehls (R-TX)Michael Rulli (R-OH)U.S. Aims to Lead in Digital AssetsThe Bitcoin bill aligns with President Trump’s recent Strategic Bitcoin Reserve initiative. These efforts show that the U.S. is following a planned path to officially recognize Bitcoin as a strategic asset. Begich stated that if the bill is enacted, it will serve as an example in many ways.The United States aims to strengthen its global leadership in the field of digital assets through the Bitcoin system. Begich mentioned that this process is under constant observation and that they are working intensively thanks to strong public support.

BlackRock, Microsoft, and NVIDIA's $100 Billion AI Investment

Global AI Infrastructure Investment LaunchedOne of the biggest technological revolutions of the 21st century, artificial intelligence (AI), requires a robust infrastructure. To meet this demand, some of the world’s largest investment and technology firms have formed a historic alliance. BlackRock, Microsoft, MGX, NVIDIA, and Elon Musk’s AI company xAI have joined forces in a $100 billion AI infrastructure investment project. This initiative aims to build data centers and energy infrastructure on a global scale.A $100 Billion Investment for AI InfrastructureIn the initial phase, the partnership will start with a $30 billion capital investment, with the total funding expected to reach $100 billion over time. AI systems require high computing power to handle complex applications, which necessitates powerful data centers equipped with thousands of chips. This, in turn, translates into high energy consumption.Massive Partnership for Energy and Data CentersThis large-scale project, led by BlackRock and Microsoft, will involve major investments in data center construction, energy production, and distribution. Energy giants like GE Vernova and NextEra Energy will play a key role in renewable energy generation and distribution. The goal is to make AI infrastructure not only powerful but also environmentally friendly and sustainable. Şirketler Strategic Support from NVIDIA and xAINVIDIA will contribute with advanced chip technologies.xAI will enhance the technical infrastructure by developing AI solutions.The data centers established under this partnership will be primarily located in the U.S. and other OECD countries, ensuring technological innovation remains at the forefront while also boosting local economies.A New Era for the Digital Economy BeginsThis collaboration marks the beginning of a new era not only for AI technology but also for the energy and infrastructure sectors. Offering significant opportunities for investors, this initiative is laying the foundation for the digital economy of the future.

Arizona Crypto Move: Bitcoin Strategic Reserve Act Passes Commerce Committee!

Arizona Establishes a Crypto Reserve with New LegislationArizona is accelerating its efforts in the cryptocurrency sector. The Arizona House of Representatives' Commerce Committee has approved the Bitcoin Strategic Reserve Act, a significant milestone in the state's initiative to integrate digital assets into its financial system. The approved bill proposes the establishment of a special fund managed by the Arizona State Treasury for Bitcoin (BTC) and other crypto assets.What Does the Law Introduce? Arizona Sets Up a Crypto ReserveThe bill, known as SB1373, was introduced by Republican Senator Mark Finchem. Under this law, the “Digital Assets Strategic Reserve Fund” will be created and managed by the Arizona State Treasury. The fund will be supported by:Budgets allocated by the legislature,Crypto assets seized by the state,Revenues generated from the management of crypto assets.A key provision of the law is the implementation of risk mitigation measures. No more than 10% of the total fund deposits may be used for investment in any given fiscal year, ensuring that the state's financial risk is minimized.Additionally, the law allows for revenue generation through digital assets, but this will be strictly regulated to prevent increased financial liabilities for the state.From Senate to House: A Fast-Tracking Legislative ProcessThe SB1373 bill was approved in its third Senate vote with 17 votes in favor and 12 against. Following this vote on February 27, 2025, the bill was sent to the House of Representatives, where it received approval from the Commerce Committee. The swift progression of the bill demonstrates Arizona’s commitment to cryptocurrency adoption. Arizona Arizona Leads the U.S. in Crypto Reserve LegislationArizona is among the first states in the U.S. to implement a crypto reserve law. It follows Utah as the second state to establish a legal framework for digital asset investments.In addition to SB1373, another notable bill, SB1025, is gaining attention. Sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, the Strategic Bitcoin Reserve Act (SB1025) was passed by the Senate with 17 votes in favor and 11 against. This bill differs from SB1373 in that it seeks to allow public funds to be invested in cryptocurrencies.The Future of Arizona’s Crypto PolicyArizona aims to be a leader in incorporating Bitcoin and other digital assets into its financial reserves. Both SB1373 and SB1025 highlight the state’s strong interest in the crypto market and its ambition to lead in this sector.Beyond investment, Arizona is also planning to develop management and oversight mechanisms for crypto assets. If these initiatives prove successful, Arizona is expected to become one of the key states shaping the U.S. crypto ecosystem.

US Federal Reserve Interest Rate Decision

The Federal Reserve (Fed) will announce its highly anticipated interest rate decision tonight. Markets strongly expect that interest rates will remain unchanged. However, the real determining factor will be the messages delivered by Fed Chair Jerome Powell. Currently, investors are focused on whether the Fed will give signals about when and to what extent it may cut interest rates.Fed Rate Expectations and Upcoming DataAt present, the Fed is expected to keep interest rates steady in the range of 4.25% to 4.50%. According to CME Group's FedWatch tool, the vast majority of investors are almost certain that rates will remain unchanged. However, Powell's statements may have a more significant impact on the markets.Recently, inflation in the U.S. has dropped from 3.1% to 2.8%. This decline is seen as a development that increases the likelihood of a rate cut. If Powell indicates that the decline in inflation is continuing and that the Fed may consider rate cuts more favorably, risky assets, especially Bitcoin and altcoins, may experience a rally. On the other hand, if Powell says something like, "Our fight against inflation is not over yet; we will keep interest rates high for a long time," a wave of selling could hit the markets.Bitcoin ETFs and Market UncertaintyMarket uncertainty is also evident in the behavior of Bitcoin ETF investors. In recent days, inflows into Bitcoin spot ETFs have slowed, indicating that investors are trying to minimize risk while waiting for the Fed’s decision. If the Fed strengthens expectations for a rate cut, a buying wave may occur in the crypto markets and other risky assets. However, if signals point to high interest rates for an extended period, investors may adopt a more cautious stance.How Could the Fed’s Decision Impact the Markets? 3 Potential Outcomes:Rate cut signals: Bitcoin and altcoins could rally.Hawkish statements: Selling pressure on risky assets.Ongoing uncertainty: Markets may remain cautious.In conclusion, the Fed’s interest rate decision tonight and Powell’s statements could trigger sharp market movements. Signals favoring rate cuts may boost risk appetite, while a hawkish stance could increase selling pressure across the markets.

21Shares Expands Crypto Investments with Spot Polkadot ETF Application

There has been a significant development in the cryptocurrency investment world. 21Shares has filed an application with the US Securities and Exchange Commission (SEC) for a Polkadot (DOT)-based spot ETF. Nasdaq has filed Form 19b-4 with the SEC to list the 21Shares Polkadot Trust on its exchange. This move could lead to greater adoption of the Polkadot ecosystem by institutional investors.Strategic Step from 21Shares and NasdaqNasdaq aims to make Polkadot more accessible to institutional investors with its application to list the Polkadot Trust on behalf of 21Shares. With SEC approval, it will be possible to invest in Polkadot without directly purchasing the DOT token. This could support both the growth of the crypto ETF market and the development of the Polkadot ecosystem.21Shares is expanding its investment options by offering a variety of crypto ETFs, including Solana, XRP, and Ethereum staking products. The company’s recently filed S-1 amendment reveals its interest in regulated digital asset funds and its claim in this area. This application may increase institutional interest in the market while facilitating investors’ access to cryptocurrencies.Possible Impacts of Polkadot ETFIf the SEC approves this application, it may have positive effects on Polkadot’s market value and trading volume. Easier access to DOT by institutional investors may increase the liquidity of the token, creating long-term positive pressure on the price.Potential impacts of Polkadot ETF may include:Increased adoption of DOT by institutional investors,Increase in market value,Higher trading volume and liquidity,Expansion of the crypto ETF market,Increase in similar ETF applications for other altcoins.21Shares’ spot Polkadot ETF initiative has become one of the most closely watched developments in the cryptocurrency world. Nasdaq’s filing with the SEC could give Polkadot more visibility in the institutional investment space, a move that is likely to increase competition in the crypto ETF market.

ZRO Comment and Price Analysis 18.03.2025

CETUS Comment and Price Analysis 18.03.2025

CETUSCETUS has been in a downtrend for a long time and the price is currently trading at $0.10. When the chart is examined, it is seen that the price remains within the falling channel and is moving close to the upper band of the channel.The price continues to be under downward pressure by moving within the falling channel. The long-term downtrend is dominant and so far the upward attempts have been limited. If the $0.10 level is not broken upwards in possible declines, the selling pressure may increase and pull the price to the $0.079 support.Since it coincides with the upper band of the channel, a reaction can be expected from here. If it moves upwards from the $0.10 level and breaks the $0.1166 resistance, an upward movement may begin. Breaking the upper band of the channel and this region working as support may cause the price to accelerate towards the $0.1599 - $0.1986 levels.Since CETUS is still trading within the falling channel, it is still in a risky area. Movements between $0.10 - $0.1166 will be decisive in terms of price direction.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create trading opportunities in the short and medium term according to market conditions. However, the user is entirely responsible for trading and risk management. In addition, it is strongly recommended to use stop loss in relation to shared transactions.Author: Ilahe

ETH and TOTAL 2: Commentary and Price Analysis 18.03.2025

Daily Market Summary with JrKripto 18 March 2025

You can access the "Daily Market with JR Crypto" summary, where we compile daily important developments in cryptocurrency, global and local markets, below.Come on, let's analyze the general situation in the markets together and take a look at the most up-to-date evaluations.Bitcoin (BTC) is currently trading at $ 82,900. While the $ 79,100 - $ 80,763 region stands out as a strong support area, if BTC can hold on in this region, it can rise towards the $ 85,600 and $ 90,700 levels. However, if this support is lost, there is a risk of a pullback to the $ 74,100 - $ 74,200 band.Ethereum (ETH) is trading at $ 1,905. The $ 1,900 level stands out as a critical support point. In case of an upward reaction, the $ 2,000 and $ 2,250 resistance levels will be followed. If ETH breaks the $2,250 level, it may accelerate towards the $2,534 and $2,721 levels. On the downside, losing the $1,900 support could increase the risk of a pullback towards the $1,800 levels.Crypto NewsTrump and Putin will have a phone call today between 16:00 and 18:00Justin Sun: Big news is coming.Canary applies for a spot ETF for SUI.MicroStrategy buys 130 BTC.Binance announces 0% transaction fees on Binance Wallet until September.CryptocurrenciesTop RisersKOGE → up 29.2% to $62.57.PLUME → up 19.9% ​​to $0.18208021.CHEEMS → up 19.9% ​​to $0.00000136.PRIME → up 12.6% to $4.74.PENDLE → up 10.2% to $2.37.Top FallersWHITE → down 19.3% to $0.00035986.PI → down 15.4% to $1.15.LAYER → down 13.7% to $0.99190826.VANA → down 12.4% to $5.94.FARTCOIN → down 9.9% to $0.27491544.Total Daily Net ETF InflowsBTC ETFs: $156.50 MillionETH ETFs: -$7.30 MillionGlobal MarketsUS stock markets continued to rise on the first trading day of the week. The S&P 500 gained 0.64%, the Dow Jones gained 0.85% and the Nasdaq gained 0.31%. While 10 out of 11 major sectors finished the day in gains, real estate (1.65%), energy (1.56%) and essential consumption (1.55%) were the sectors that rose the most. Only the discretionary consumption sector lost value, with Tesla shares falling 4.79%.Retail sales data released in the US came in weaker than expected. The monthly increase was 0.2%, compared to an expected 0.6%, while the annual increase slowed from 4.2% to 3.1%. Core retail sales increased by 0.3%, in line with expectations. Following the data, there was short-term selling pressure in the bond market, while long-term purchases were dominant. Today, construction permits and housing starts data for the housing sector will be monitored.While Asian stock markets are on a positive course, European markets are also expected to start the day with buyers.With increasing safe-haven demand, the price of gold increased by 0.6% to close the day at $3,001/ounce. This morning, it broke a record by rising to $3,012/ounce.According to the OECD's March Economic Outlook Report, the global economy remains resilient. However, growth is expected to be 3.2% in 2024, 3.1% in 2025 and 3.0% in 2026. Previously, 3.3% growth was expected for 2025 and 2026. It is emphasized that changes in trade policies could negatively affect growth and inflation.The report states that the US economy will grow by 2.2% in 2025 and 1.6% in 2026, while these rates will be 1.0% and 1.2% in the Eurozone, respectively. China's growth is expected to decline from 4.8% to 4.4%. The growth forecast for Turkey was revised from 2.6% to 3.1% for 2025, while the 2026 forecast was updated to 3.9%. Turkey's inflation forecast was raised from 30.7% to 31.4% for 2025.Most Valuable Companies and Stock PricesApple (AAPL) → Market value: $3.21T, Share price: $214.00 (+0.24%)NVIDIA (NVDA) → Market value: $2.92T, Share price: $119.53 (-1.76%)Microsoft (MSFT) → Market value: $2.89T, Share price: $388.70 (+0.04%)Amazon (AMZN) → Market value: $2.07T, Share price: $195.74 (-1.12%)Alphabet (GOOG) → Market value: $2.02T, Share price: $166.57 (-0.63%)Borsa IstanbulIn February, Turkey's central government budget had a deficit of 310.1 billion TL. The Treasury's cash balance is 397.6 billion TL deficit, while the budget deficit was 153.8 billion TL in the same period last year. In other words, the budget deficit has almost doubled this year. The non-interest budget deficit (the difference between income and expenditure excluding interest payments) was 170.4 billion TL. This deficit was 99 billion TL in the same period last year, which shows that the non-interest balance is gradually deteriorating. The total budget deficit reached 449.4 billion TL in the first two months of the year. The cumulative budget deficit of the last 12 months is 2.25 trillion TL, while the non-interest budget aThe avalanche is at 853.7 billion TL. These figures show that the government has a looser fiscal stance compared to the Medium Term Program (MTP) targets. In other words, while public expenditures remain high, revenues are not enough to close the budget deficit.The total credit debt of the private sector from abroad increased by $5.2 billion in January and reached $177 billion. This level was recorded as the highest debt level since December 2019. The total debt of banks increased by $2.5 billion to $69.4 billion, the debt of the real sector increased by $2.4 billion to $98.2 billion, and the debt of non-bank financial institutions increased by $0.3 billion to $9.5 billion. The private sector needs to pay a total debt of $47.2 billion between March 2025 and January 2026. $31.4 billion of this debt belongs to banks, $11.5 billion to the real sector, and $4.3 billion to non-bank financial institutions. This situation may strain the financial structure of companies and increase the demand for foreign exchange.The Treasury borrowed a total of 21.1 billion TL in the 7-year variable interest rate bond auction it held yesterday. Today, 3-year CPI (inflation) indexed bond auctions and 5-year fixed coupon bond auctions will be held. In addition, short-term external debt stock (January data) and housing price index (February data) will be announced today. The housing price index in particular will be a critical data in terms of seeing inflationary pressures.After increasing for five consecutive days, the BIST 100 index followed a horizontal course yesterday and closed at 10,862. Although the 10,900 level was tested during the day, this level could not be sustained. The market is closely following the Trump-Putin meeting and global developments. A horizontal course is expected today depending on foreign markets.Technically, the 10,874-10,902 resistance zone is important for the BIST 100 index. If this zone is exceeded, the rise towards the 11,156-11,172 band may continue. On the other hand, the 10,800 and 10,650 levels are important support. The stronger support zone is between 10,200-10,300. If the index can maintain these support levels, it may move towards the formation target of 11,500 levels. However, it may be recommended to reduce risks if the support levels are broken.The BIST 100 index, which has increased by 15% in TL and 14% in dollar terms in the last three weeks, may enter a period of rest as it approaches the 11,000-11,250 resistance zone. However, since the peaks in dollar or inflation have not yet been reached, new record levels may be tested if the momentum strengthens again.Tomorrow, the focus of the markets will be the interest rate decision of the US Federal Reserve (Fed). While the Fed is expected to leave interest rates unchanged, the statements will be important in terms of the direction of the markets.Stocks That Gained the Most:BNTAS → increased by 31.24% to 6.26 TL.USAK → increased by 10.00% to 3.08 TL.ETILR → increased by 9.98% to 9.48 TL.MARKA → increased by 9.98% to 61.15 TL.DERHL → increased by 9.95% to 41.98 TL.Stocks That Decreasing the Most:OSTIM → decreased by -74.18% to 2.84 TL.BARMA → decreased by -9.99% to 18.74 TL.KSTUR → decreased by -9.99% to 4,842.50 TL.GRTHO → decreased by -4.93% to 356.50 TL.SUNTK → decreased by -4.69% to 36.60 TL.Companies with the Highest Market Value on Borsa Istanbul:QNB Finansbank (QNBTR) → 1.05 trillion TL market value, 343.00 TL per share price, 9.94% increase.Türkiye Garanti Bankası (GARAN) → 598.92 billion TL market value, 141.00 TL per share price, -1.12% decrease.Aselsan Elektronik Sanayi (ASELS) → 554.95 billion TL market value, 122.10 TL per share price, 0.33% increase.Koç Holding (KCHOL) → 462.80 billion TL market value, 187.30 TL per share price, 2.63% increase.Turkish Airlines (THYAO) → 460.92 billion TL market value, 329.75 TL per share, -1.27% decrease.Precious Metals and Currency PricesGold: 3546 TLSilver: 40.22 TLPlatinum: 1188 TLDollar: 36.66 TLEuro: 40.02 TLHoping to meet again tomorrow with the latest news!Author: Besim Şen

Daily Market Summary with JrKripto

You can access the "Daily Market with JR Crypto" summary, where we compile daily important developments in cryptocurrency, global and local markets, below.Let's analyze the general situation in the markets together and take a look at the most up-to-date evaluations.Bitcoin (BTC) is currently trading at $ 83,400. While the $ 79,100 - $ 80,763 region stands out as a strong support area, if BTC can hold on at this level, it can rise towards the $ 85,600 and $ 90,700 levels. However, if this support is lost, there is a risk of a pullback to the $ 74,100 - $ 74,200 band.Ethereum (ETH) is trading at $ 1,890. The $ 1,900 level is a critical support point, and if it breaks downward, a drop to $ 1,800 levels can be seen. In upward movements, $2,000 and $2,250 are monitored as resistance levels. If ETH exceeds $2,250, it may accelerate towards $2,534 and $2,721.Crypto NewsSecondary regulations on crypto assets were published in the Official Gazette.SEC Accepts Filing of Franklin Ethereum ETF Staking Proposal.The case between Ripple and SEC may end soon.Canadian Prime Minister Mark Carney is ready to meet with US President Trump to end the customs war.Franklin applied for Solana ETF with CBOE.The Central Bank of Russia will allow investors to buy cryptocurrencies in a limited way.CryptocurrenciesTop RisersTOSHI → Up 31.0% to $0.00046308.ELF → up 27.6% to $0.28343156.RED → up 23.6% to $0.59271829.FARTCOIN → up 22.9% to $0.29935159.SPX → up 22.4% to $0.35315314.Top FallersMEOW → down 12.0% to $0.00187259.AKT → down 10.3% to $1.34.BTSE → down 5.8% to $1.03.AIC → down 5.0% to $0.21304842.ARKM → down 4.4% to $0.51157516.Total Daily Net ETF InflowsBTC ETFs: $13.30 MillionETH ETFs: -$10.30 MillionData to Watch Today15:30 / USUnemployment ClaimsReported: 226KPrevious: 221KProducer Price Index (PPI) (Monthly) (February)Expected: 0.3%Previous: 0.4%Global MarketsFebruary inflation data in the US came in lower than expected, creating a positive atmosphere in stock markets. The slowdown in inflation increased expectations for a rate cut, while stock markets saw an increase.General inflation (CPI) in February was announced as 0.2% monthly and 3.1% annually. Expectations were 0.3% and 3.2%, respectively. Core inflation (excluding energy and food) also came in below expectations. The decline in airfare and new vehicle prices, as well as the slowdown in energy and food prices, were effective in the decline in inflation.Following these developments, the Nasdaq rose 1.22% and the S&P 500 rose 0.49% in the US stock markets, while the Dow Jones fell 0.20%. The best performing sectors were technology, telecommunications and discretionary consumption. The healthcare, essential consumption and raw material sectors lost value.In addition to this rise in stock markets, the VIX index, which measures fear and uncertainty in the markets, also fell. European stock markets closed the day with an increase following the US inflation data and positive expectations regarding the Ukraine-Russia war.Today, markets will follow the US Producer Price Index (PPI) data. This data may provide more clues about the course of inflation and affect market movements.Most Valuable Companies and Stock PricesApple (AAPL) → Market value: $3.26T, Share price: $216.98 (-1.75%)Microsoft (MSFT) → Market value: $2.85T, Share price: $383.27 (+0.74%)NVIDIA (NVDA) → Market value: $2.82T, Share price: $115.74 (+6.42%)Amazon (AMZN) → Market value: $2.11T, Share price: $198.89 (+1.17%)Alphabet (GOOG) → Market value: $2.05T, Share price: $169.00 (+1.82%)Borsa IstanbulTurkey's January current account balance was $3.8 billion in deficit and exceeded expectations. The 12-month current account deficit increased from $10 billion to $11.5 billion. Excluding gold and energy, the current account surplus decreased from $52.6 billion to $51.2 billion. According to seasonally adjusted data, there was a slight deterioration in the current account balance and basic economic indicators in January. February housing sales data will be announced today.Borsa Istanbul BIST 100 index closed the day with an increase of over 1% yesterday. Banking, telecom, aviation and holding stocks supported the increase. However, there was some profit taking in Aselsan, one of the stocks that rose the most since the beginning of the year.Today, markets will watch the summary of the Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee meeting and the US PPI and Eurozonewill follow the production data. Low inflation data announced in the US yesterday strengthened the interest rate cut expectations and led to positive closings in the US stock markets. However, this morning, futures indices are seen to decline due to the perception of uncertainty. Despite this, Borsa Istanbul is expected to continue its bullish trend.BIST 100 index was bullish throughout the day yesterday and closed at 10,580 points. This level is above the critical 10,570 transition zone, indicating that the upward trend may continue. If the index exceeds the 10,620 level, the next target is expected to be the 11,156-11,172 band.Support levels for BIST 100 stand out as 10,570, 10,357 and 10,276 points. Resistance levels are followed as 10,620, 10,710 and 11,156 points.Stocks That Gained the Most:ETILR → increased by 10.00% to 6.49 TL.KERVN → increased by 10.00% to 2.31 TL.TERA → increased by 9.98% to 47.18 TL.TKNVA → increased by 9.97% to 33.08 TL.DURKN → increased by 9.97% to 16.54 TL.Stocks That Gained the Most:ENERY → decreased by -98.37% to 3.84 TL.GEDZA → decreased by -9.99% to 29.38 TL.YGY0 → decreased by -9.97% to 5.87 TL.ADEL → decreased by -6.79% to 35.14 TL.EUYO → decreased by -6.33% to 10.65 TL.Companies with the Highest Market Value on Borsa Istanbul:QNB Finansbank (QNBTR) → 926.28 billion TL market value, 278.00 TL per share price, 0.54% increase.Türkiye Garanti Bankası (GARAN) → 602.7 billion TL market value, 143.7 TL per share price, 0.14% increase.Aselsan Elektronik Sanayi (ASELS) → 528.5 billion TL market value, 118.4 TL per share price, 2.16% increase.Turkish Airlines (THYAO) → 460.23 billion TL market value, 335.25 TL per share price, 0.52% increase.Koç Holding (KCHOL) → 458.74 billion TL market value, 180.5 TL per share, -0.22% decrease.Precious Metals and Currency PricesGold: 3462 TLSilver: 39.03 TLPlatinum: 1167 TLDollar: 36.59 TLEuro: 39.88 TLHoping to meet again tomorrow with the latest news!Author: Besim Şen

Cryptocurrency Regulations Published in the Official Gazette: Here Are the New Rules

The long-awaited crypto asset regulations in Turkey were published in the Official Gazette dated March 13, 2025. These regulations prepared by the Capital Markets Board (SPK) bring significant changes to the activities of crypto exchanges, investor security and capital requirements. Here are the new rules that will directly affect the sector:150 Million TL Capital Requirement for Crypto Exchanges, 500 Million TL Capital Requirement for Depository InstitutionsAccording to the new regulation, crypto exchanges that will operate in Turkey will need to be established with a capital of at least 150 million TL. The capital requirement for companies that will provide crypto asset custody services has been determined as 500 million TL. This change aims to strengthen the financial structure of companies and ensure that investor funds are stored in a more secure environment.Exchanges Will Establish Listing Committees, Cryptocurrencies Will Be Listed According to Certain CriteriaPreviously, exchanges could determine the cryptocurrencies to be listed according to their own policies. However, according to the new regulation, each exchange will have to establish a listing committee consisting of at least three people. This committee will decide on the listing or delisting of crypto assets. This will ensure that the cryptocurrencies added to the exchanges meet certain criteria.Leveraged Transactions Banned in Turkey, But Continue on Global ExchangesWithin the scope of the new regulation, leveraged transactions are banned on cryptocurrency exchanges operating in Türkiye. In other words, leveraged transactions will not be possible on exchanges such as Binance TR, OKX Turkey, Paribu and BTCTurk. However, this ban only applies to exchanges operating in Turkey. Leveraged transactions continue on Binance Global, OKX Global and other international exchanges.For example: You cannot make leveraged transactions on Binance TR, but you can on Binance Global. The regulation in Türkiye only covers exchanges supervised by the CMB and aims to prevent investors from taking excessive risks.95% of Customer Assets to be Held in Custody InstitutionsCryptocurrency exchanges will be required to keep at least 95% of the assets for which investors prefer custody services in licensed custody institutions. Exchanges will only be able to keep a maximum of 5% of customer assets in their own facilities. In addition, exchanges have been made obliged to keep 3% liquid reserves for assets they keep outside of custody.This regulation aims to increase the security of investor assets and create a more robust system against possible bankruptcy or cyber attack risks.Bank Account Requirement IntroducedAccording to the new regulation, users will only be able to deposit and withdraw money to cryptocurrency exchanges through their own bank accounts. This regulation was introduced to prevent money laundering and illegal financing activities.In addition, it has been made mandatory for the balances in customer accounts to be paid within 1 business day at the latest upon request. In this way, investors will be able to withdraw their money quickly.Rescue Plan Requirement for Crypto ExchangesCrypto exchanges will be required to prepare a "rescue plan" for possible risks such as cyber attacks, technical failures or financial crises. This plan will be created to minimize asset losses of the platforms and prevent customer grievances.In addition, if exchanges stop trading due to technical issues, they are required to notify their customers in writing or electronically.Overseas Transactions of Users in Turkey Are Not Within the Scope of the RegulationThe new regulations do not cover transactions made by residents of Turkey through exchanges abroad. In other words, if an investor opens an account and makes transactions on a crypto exchange abroad of their own free will, they will not be affected by these regulations.However, if exchanges abroad open a business in Turkey, create a Turkish website or promote in Turkey, the CMB may include these platforms within the scope of the regulation.Tighter Control Coming to the Crypto EcosystemThese new regulations aim to make the cryptocurrency ecosystem in Turkey more secure, transparent and stable. In particular, increasing capital requirements, safeguarding customer funds, banning leveraged transactions and the listing committee requirement will ensure that the sector gains a more robust structure. While these regulations mean a safer investment environment for investors, they will also bring stricter legal requirements for crypto exchanges.Author: Besim Şen

BTC Comment and Price Analysis 13.03.2025

BTCBitcoin continues to test strong demand areas and is at a critical point in the market. While the current price movements indicate decisive levels for both buyers and sellers, there may be developments that will clarify the price direction in the coming period.Especially the $80,691 level stands out as a major support point for BTC. This area is an important area where the price can react upwards due to intense buyer interest. However, closing below this level would indicate that buyers are losing their power and could pull the price back to the macro bottom area of ​​$73,336. Historically, this area is a critical support area where Bitcoin has achieved a 150% increase. If this level is maintained, it would not be logical to expect a deeper correction.In terms of short-term price movements, the $87,509 - $88,309 range appears as the SR Flip region. This region is a strong seller area with a support-resistance reversal. In addition, this point stands out as a Point of Interest (POI) area where sellers show demand. Breaking through this area with 2-day closings could allow the price to move to the next intermediate resistance level of $92,591.If the price can maintain its stability above the $92,591 level, a move towards the NPOC real value of $96,423 - $97,825 is likely to begin. Clearing these levels will allow Bitcoin to target above $110,000 and advance to new highs.Macroeconomic Factors Play an Important RoleThe March 19 FED meeting will be a critical turning point for the market. In addition to the interest rate decision, the content of the meeting and the messages given can determine the direction of the market. The expectation of a rate cut stands out as one of the most important catalysts supporting the bull scenario in BTC.$80,691 Major Support$87,509 - $88,309 Seller Zone,$92,591 Intermediate Resistance$96,423 - $97,825 True Value Area$110,000 should be monitored as the Target Zone.Watching how the price reacts to the major levels will be critical for correct trading strategies as volatility increases in the market.Bitcoin CME Data and Liquidity AnalysisWhen we look at the CME data, we see that Bitcoin has created significant liquidity zones between trading pairs. In particular, the $100,000 level stands out as a prominent (Unbalanced Trading Point) region in the market and appears as an area where high volume transactions take place.This price range is a strategic level where buyers and sellers interact intensively, in line with past price movements. Therefore, in terms of BTC's direction, the $100,000 region continues to be an important threshold that both affects the decision-making mechanism of market participants and where liquidity is concentrated.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create trading opportunities in the short and medium term according to market conditions. However, the user is entirely responsible for trading and risk management. In addition, it is strongly recommended to use stop loss in relation to shared transactions.Author: Altar