DAILY CRYPTOCURRENCY NEWS

Belgium Accepts That Cryptocurrencies Are Not Securities

In Belgium, the Financial Services and Markets Authority (FSMA) has announced that BTC, ETH and all other crypto assets are computer coding and do not accept them as securities. He added that crypto assets can only be considered as securities when they are issued by a company or individual.

ApeCoin Staking Obstacle to North America

Yuga Labs, the creative company of ApeCoin, announced that they are closing their staking services to the North American continent. The main reason for this was that the regulators and the environmental conditions they created did not leave the company with any other method.

Stablecoin Project on Cardano Shuts Down After Delays

The stablecoin project of Ardana Labs, the decentralized finance (DeFi) and stablecoin ecosystem on the Cardano network, was stopped on November 24, citing uncertainties and delays in the project. It was announced that the project will be held until it is owned by another development team.

Research by Harvard Student Tells Central Banks and Governments to Hold Bitcoin

As a result of the research conducted at Harvard, one of the world's leading universities, it was concluded that it may be right for governments and central banks to hold Bitcoin. In the report of PhD student Maaher Ferranti, who is in his 5th year, he stated that Bitcoin should be taken into its reserves for hedging purposes, despite the different risks that may occur in the market.

Russia is Very Close to Opening a National Cryptocurrency Exchange

In Russia, the national cryptocurrency exchange project has started to be voiced and worked on by the parliament. The platform to be created must be approved by the Ministry of Finance and the Central Bank of Russia. If the approvals are obtained, there will be no other obstacles for the opening of Russia's national cryptocurrency exchange.

Important Research on Grayscale's GBTC

A page called Ergo, who shared his research on Twitter, recently shared an article on the Proof-of-Reserve crisis related to GrayScale. In the announcement, he confirmed 633K Bitcoin, which is owned by Grayscale. In addition, GrayScale was seen to have the right not to show its reserves in the GBTC prospectus it shared.

* Our Blog Post "What is Bitcoin Dominance? " ICRYPEX on Blog! 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 315088.12 TRY

Bitcoin is priced at $16,393, which lost 1.28% of its value as of morning today. After the upside breakdown of 16,400, the mid-band of the channel, Bitcoin rose several times to the 16,700 levels and returned to the support zone. BTC, which is currently testing 16,400 again, continues to worry about the consequences of the FTX event in Bitcoin, which has made a small rise again after testing 16,400 several times. This still causes the risk perception to remain low and the market to have inactive days.

SUPPORTS 16.280 / 16.134 / 15.915
RESISTANCES 16.645 / 16.864 / 17.010

BITCOIN [BTC] 315088.12 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 23131.90 TRY

ETH, which lost 2.21% of its value as of the morning hours, is priced at $ 1176. After the 1190 breakdown yesterday in Ethereum, it fell below the support level again with its re-test in the evening. We would like to remind you that the 1170 level is critical in Ethereum. If it can rise above 1190, it will continue its targeted movement of $ 1240 again.

SUPPORTS 1117 / 1144 / 1162
RESISTANCES 1144 / 1235 / 1253

ETHEREUM [ETH] 23131.90 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 251.46 TRY

AVAX is trading at $12.66, which is down 2.24% as of morning today. AVAX climbed as high as the 13.30 resistance with the breakdown of the critical resistance zones at 12 and 12.70 levels. With its return from here, AVAX returned to 12.70 and broke the 12.70 support and is currently trying to make a comeback. In case of going above 12.70 in AVAX, the target will be the 13.30 zone again.

SUPPORTS 11,67 / 12,09 / 12,40
RESISTANCES 13,13 / 13,55 / 13,86

AVALANCHE [AVAX] 251.46 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 7.67 TRY

XRP, which gained 3.26% in the morning, is priced at $ 0.4148. Ripple continued its rise towards the 0.3950 resistance after a breakout of 0.36. Ripple, which is currently making a significant rise, is returning from the level of 0.42. Ripple may see a correction to 0.40 levels.

SUPPORTS 0,3459 / 0,3600 / 0,3867
RESISTANCES 0,4275 / 0,4416 / 0,4683

RIPPLE [XRP] 7.67 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 1450.28 TRY

LTC is trading at $76.90, down 3.57% as of morning hours. After the significant rise of Litecoin, the price calmed down a bit and started to retreat to the $ 74 support. LTC retreated to the $74 support, from where it rebounded slightly to the $76 levels. We can say that the correction movements following such spikes may be more accurate as a price movement and attention should be paid to the 0.74, 0.72 and 0.66 support levels depending on the size of the pullback.

SUPPORTS 73,53 / 71,62 / 68,39
RESISTANCES 78,67 / 81,90 / 83,81

LITECOIN [LTC] 1450.28 TRY +7.00 +0.03 VOL 21 LTC

LINK is down 1,847% at $6,702 today. After the resistance breakdowns in LINK, there was an increase from 6.37 to 6.80 levels. Then we see a horizontal movement between 6.60-6.80. According to the upward or downward breakdown of these two levels in LINK, we can say that the price can return to 7.40 levels on the rise and 6.37 levels in the downhill.

SUPPORTS 06,21 / 06,40 / 06,57
RESISTANCES 06,94 / 07,13 / 07,30

BASIC ATTENTION TOKEN [BAT] 4.42 TRY

BAT is trading at $0.2245, down 2.56% as of morning hours. After the horizontal movement in the BAT 0.22-0.2350 range, we see a downward breakdown and the price has fallen to 0.21. Performing a descending move, BAT made a pullback from there after testing the 0.2330 resistance. We can say that the breaking of the descending resistance will be very important for the rise in the BAT.

SUPPORTS 0,2123 / 0,2176 / 0,2213
RESISTANCES 0,2303 / 0,2356 / 0,2393

BASIC ATTENTION TOKEN [BAT] 4.42 TRY +7.00 +0.03 VOL 21 BAT

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