Introduction The crypto market is witnessing a mix of regulatory developments, institutional advancements, and economic uncertainties. Telegram has expanded its crypto offerings, Turkey is enforcing stricter regulations, and gold has hit a new high. Here’s a roundup of today’s most important crypto updates.

Listen to the Daily Crypto News Summary in the Podcast

Telegram Wallet Introduces Crypto Trading and Yield Features Telegram has expanded its in-app wallet, allowing over 100 million users to trade cryptocurrencies and earn yield on their assets. This move enhances Telegram’s position in the crypto ecosystem and may drive further adoption. (Source: Bitcoin.com)

Turkey Strengthens Crypto Regulations with CMB Oversight Turkey’s government has granted the Capital Markets Board (CMB) authority over cryptocurrency regulations. This step aims to increase investor protection and ensure compliance with international standards. (Source: Bitcoin.com)

Gold Hits New High Amid Economic Uncertainty Gold prices have soared to record levels due to economic concerns and inflation fears. Investors are turning to gold as a safe-haven asset, impacting both traditional and digital markets. (Source: Cryptopolitan)

Hyperliquid’s $4M Loss: A Growth Opportunity for DeFi? A recent $4 million loss on the Hyperliquid platform has sparked discussions about risk management in DeFi. While concerning, analysts see this as a chance for DeFi projects to strengthen their security measures. (Source: CryptoPotato)

Trump’s Alleged Bitcoin Reserve Sparks Political Debate A top Democrat is pressuring the U.S. Treasury to investigate claims that former President Donald Trump is advocating for a Bitcoin reserve. The move has ignited debates on crypto’s role in national reserves. (Source: CryptoNews)

U.S. Government’s Bitcoin Acquisition Strategy in Question Reports suggests that the Trump administration had plans to acquire as much Bitcoin as possible. The implications of such a move remain a topic of discussion among policymakers and investors. (Source: Decrypt)

DeFi TVL Drops by $50B, Erasing Recent Gains The total value locked (TVL) in DeFi has plummeted by $50 billion, wiping out gains from recent cycles. This decline reflects market uncertainties and shifting investor sentiment. (Source: The Defiant)

BlackRock’s Tokenized Fund Surpasses $1B BlackRock’s BUIDL fund, which focuses on tokenized real-world assets (RWAs), has exceeded $1 billion in value. The fund’s rapid growth highlights increasing institutional interest in blockchain-based investments. (Source: CryptoSlate)

Brazil Prioritizes Crypto for BRICS Trade Brazil is pushing for the use of cryptocurrencies as a priority in BRICS trade discussions. This initiative could accelerate the adoption of digital assets in international transactions. (Source: Bitcoin.com)

Conclusion The crypto space is evolving rapidly, with new regulatory measures, institutional growth, and economic factors shaping the market. While DeFi struggles with declining TVL, Telegram’s crypto expansion and BlackRock’s fund growth signal promising developments. Stay tuned for more daily crypto updates!

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