📌 Daily Summary
● LIVE TRACKINGThe Financial Action Task Force (FATF) has released a report outlining significant shortcomings in Türkiye's cryptocurrency companies, raising concerns about compliance and regulatory standards. Meanwhile, CryptoQuant has indicated the onset of a new bull market for Bitcoin, with critical resistance levels emerging for investors to monitor closely. In related news, Russia has issued a stark warning to crypto investors, stating that any losses incurred will solely fall on the investors themselves, potentially increasing market volatility. Amidst these developments, Wintermute has highlighted two promising altcoins alongside Bitcoin and Ethereum, suggesting that market uncertainty has dissipated. Additionally, as U.S. debt surpasses $40 trillion, investors are increasingly turning to safe-haven assets such as gold, the Swiss franc, and Bitcoin, reflecting a shift in risk sentiment. Lastly, Indian tech giant Infosys has announced a strategic partnership with a notable altcoin, further emphasizing the growing integration of cryptocurrencies in mainstream business operations.
12:18
FATF stated that Turkish cryptocurrency companies have comprehensive knowledge of their anti-money laundering obligations.
11:16
According to CryptoQuant, Bitcoin (BTC) has once again crossed its 365-day moving average, signaling the start of a new bull market.
10:13
Russian Deputy Finance Minister Ivan Chebeskov made noteworthy statements regarding foreign-issued stablecoins such as USDT and USDC.
08:57
Wintermute suggests that in the short term, the focus may be concentrated on Bitcoin and Ethereum, as well as major altcoins like Solana and Hyperliquid.
07:57
Following the US national debt exceeding $40 trillion, some investors are reportedly turning to assets other than the dollar.
