DAILY CRYPTOCURRENCY NEWS

Important Statement from the CEO of Ripple!

As it is known, the case between Ripple and the SEC is still ongoing. It seems that the conclusion of this case, which has turned over approximately its 2nd year, will not be soon. Ripple CEO Brad Garlinghouse made some statements about the litigation process. Garlinghouse said they could close their U.S. offices if they lost the case.
 

Critical Day for Bitwise Spot ETF!

Bitwise's application for the Spot ETF decision, which is closely related to the crypto asset market, will be evaluated tomorrow. While the application of 2 companies is awaiting rejection, Grayscale's application will be evaluated on July 6. The general consensus is that the SEC will not allow such a thing until regulation takes place.

Bitcoin Assessment from the SEC Chairman!

SEC Chairman Gary Gensler made very important statements about cryptocurrency. Gensler said that among the cryptocurrency, only Bitcoin can be considered as a commodity, other crypto coins are used as an investment tool and resemble them as securities.

Surprising Development in Tether!

Tether CTO Paoplo Ardoino said that several cryptocurrency companies are trying to shorten their stablecoins. It was also announced that some companies have offered this proposal to their funding customers. Ardoino said yesterday that some hedge funds aim to create an imbalance in DeFi pools. Despite these events, Tether managed to maintain its stability at 1$

Voyager Digital to 3AC Strike Certificate!

It was announced that 3AC, which may have sunk due to the big problems it experienced in the past weeks, owed $ 650 million to Voyager Digital. Voyager, one of many companies that have had problems due to 3AC's inability to pay debts, received a $500 million loan from Alameda last week. This week is June 27, the date on which the required debt of 3AC is stated. He filed a notice of default for failing to pay by the due date.

Negative Results in the CoinShares Report!

CoinShares published a weekly money flows report in digital asset funds, stating that $420 million of outflows from digital assets took place, the highest level since the data was kept. While Bitcoin led the total money flow, there was an outflow of $ 453 million from BTC to be exact. This sale in BTC has been almost zero, reducing the amount of $ 479 million that has entered since the beginning of the year to $ 26 million.
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 359631.44 TRY

After leaving behind a week in which Bitcoin seemed strong above 21,000, it returned to 20,000 levels with the failure to break the 21,500 level. The negative atmosphere in the market, the bad news from the funds and the fact that the miners sell their coins create a separate pressure on BTC. In addition, negative news from stock markets and markets around the world in general causes the price to fail to break the 22,000 level.

Bitcoin is pricing in at $20,760 today, down 0.04% in the morning. When we look at the hourly chart, we see that Bitcoin, which is in a channel, remains in the channel middle band and has made short movements between 20,500-20,900 prices since yesterday evening. With the news coming from the markets during the day, it will test the 20,000 support or approach the 21,450 resistance.
 

RESISTANCES 21.365 / 21.956 / 22.377
SUPPORTS 20.353 / 19.932 / 19.341

BITCOIN [BTC] 359631.44 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24649.71 TRY

There is only 1 day left before the development of Gray Glacier on Ethereum and ETH continues to be strong. Ethereum, which has fallen to $ 800 levels, has shown a weak image over the past month. As we approach the PoS transition, we can continue to see a more positive pricing in Ethereum.

Today, ETH, which lost 0.21% of its value in the morning hours, is priced at $ 1189. When we look at the hourly chart in Ethereum, we see that it is inside an ascending channel. We can say that the channel is below the middle band and for the upward movement, it must first break the 1240 levels. In case of an upward break of the descending movement that has been going on for the last 2 days, an upward break of the middle band can be tried.

RESISTANCES 1230 / 1271 / 1305
SUPPORTS 1081 / 1122 / 1156

ETHEREUM [ETH] 24649.71 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 320.02 TRY

AVAX, which has gained 0.03% as of the morning hours, is priced at $ 19.31. When we look at AVAX's hourly chart, after the rapid upward breakdowns of 18.70 and 19.80 levels, it was up to $ 22 levels. However, the failure to break that level and the decline of the market brought APAX back to the 18.70 support, and the support level was tested and returned to the $ 19.30 level. We can say that the critical levels ahead for AVAX are $18.30 on the downside and $19.80 on the upside.

RESISTANCES 20,87 / 22,47 / 23,54
SUPPORTS 15,53 / 17,13 / 18,20

AVALANCHE [AVAX] 320.02 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.80 TRY

XRP, which lost 0.65% of its value in the morning, is priced at $ 0.3471. Ripple, which is in a channel on the hourly chart, broke down the downward channel yesterday and made a significant decline. Although it is currently trying to stay above the 0.3450 level, it seems quite likely that BTC will fall to 0.3350 levels depending on its movement.

RESISTANCES 58,59 / 62,25 / 64,54
SUPPORTS 58,59 / 62,25 / 64,54

RIPPLE [XRP] 8.80 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 990.67 TRY

LTC is trading at $54.91, up 1% as of morning hours. LTC, which failed to break the $ 60 level and returned to the $ 57 levels, also broke the $ 57 level to the downside. We can say that the next support level is in the 50-51 dollar band and if that level is broken, the 40 dollar level can be talked about again.

RESISTANCES 58,59 / 62,25 / 64,54
SUPPORTS 46,69 / 50,35 / 52,64

LITECOIN [LTC] 990.67 TRY +7.00 +0.03 VOL 21 LTC

LINK is down 1.61% at $6.51 today. LINK formed a channel between the levels of 6.30-7.50 and then formed a rectangle between the levels of 6.80-7.60 with the upper part of the channel middle band breaking. However, with the decline yesterday, the 6.80 level was broken downwards and the 6.30 support was tested on the downside and started to rise from that level again. If the 6.30 level is broken in a possible decline, we can say that the next support level will be 5.20.

RESISTANCES 06,92 / 07,33 / 07,62
SUPPORTS 05,53 / 05,93 / 06,23

BASIC ATTENTION TOKEN [BAT] 5.65 TRY

BAT is trading at $0.3902, up 0.45% as of morning hours. On the 4-hour chart, BAT, which has been in the same channel since May 18, tried the upward breakdown many times last week, but could not break it and bounced. For BAT, which is currently in the middle levels of the channel upper band, we can say that the 0.35 level will be critical if the support level at 0.38 levels is broken.

RESISTANCES 0,4080 / 0,4271 / 0,4419
SUPPORTS 0,3402 / 0,3593 / 0,3741

BASIC ATTENTION TOKEN [BAT] 5.65 TRY +7.00 +0.03 VOL 21 BAT

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