DAILY CRYPTOCURRENCY NEWS

BITCOIN AND ETHEREUM BECOME TREND TOPIC ON TWITTER

As Bitcoin and Ethereum gained upward momentum, in some parts of the world, hashtags opened for both cryptocurrencies trended on Twitter for a short time. Actually, this is not the first time Bitcoin has trended on Twitter. The Bitcoin hashtag has been trending for the third time in the last two months. However, this event made history for the first time Ethereum was trending on Twitter over the years
 

700 MILLION DOLLAR INVESTMENT FOR CRYPTOCURRENCY FROM KAZAKHSTAN

Kazakhstan Digital Development Minister Bagdat Mussina announced that negotiations were held for an investment of 714 million dollars (300 billion tenges) in the cryptocurrency sector. Minister Mussina said that there are currently 13 cryptocurrency mining farms in Central Asia and 3 additional ones are under construction. Some regulations for cryptocurrency mining have come up in Kazakhstan in the past months. The government, which plans to offer incentives such as providing cheap electricity for mining activities, which is thought to contribute to the country's economy, announced that approximately 6% of the mining movements worldwide are in Kazakhstan.
 

 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 358793.61 TRY

With the selling pressure at the resistance of 12000, BTCUSD experienced a transition to the oversold zone, returning to the band range where it won the 11300 struggle last week. The downward movements that started in gold and cryptocurrencies with the recovery in the indices resulted in sales pressure due to the news that occurred in the market during the day. In case the market progresses with sellers' reactions and critical support is broken, 11000, 10900, and 10800 levels can be watched in the cryptocurrency. If it holds above the 11300 support, the 11450 and 11530 levels can be monitored in the cryptocurrency.  

RESISTANCES 11450 - 11530 - 11600
SUPPORTS 11300 - 11000 - 10900

BITCOIN [BTC] 358793.61 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24609.39 TRY

Selling pressure accelerated after breaking down 9 MA on the 4-hour chart, testing the ETHUSD 432 support. If the market progresses with sellers and support is broken, the band between 426 and 421 can be followed. Acceleration up to 442 and 450 levels can be seen if it creates a positive exit from the specified area.

RESISTANCES 434 - 442 - 450
SUPPORTS 426 - 421 - 418

ETHEREUM [ETH] 24609.39 TRY +7.00 +0.03 VOL 21 ETH

RIPPLE [XRP] 8.78 TRY

RESISTANCES 0.2807 - 0.2876 – 0.2995
SUPPORTS 0.2713 – 0.2607 – 0.2440

RIPPLE [XRP] 8.78 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 987.43 TRY

RESISTANCES 61 - 64 – 67
SUPPORTS 57 – 55 - 52

LITECOIN [LTC] 987.43 TRY +7.00 +0.03 VOL 21 LTC

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