DAILY CRYPTOCURRENCY NEWS

BLOCKCHAIN ​​BREEZE AT THE US COUNCIL OF REPRESENTATIVES

US House of Representatives Darren Soto filed a bill aimed at encouraging the government to scrutinize the use of blockchain technology in commerce, and it was later forwarded to the Energy and Commerce Committee on the same day. Soto previously called on the Treasury Department to use blockchain technology in its applications to reduce the economic effects of the country's coronavirus crisis.

BLOCKCHAIN SUPPORTED IDENTITY SYSTEM FOR PUBLIC WORKERS IN SOUTH KOREA

The Korean Internet and Security Agency (KISA) will implement the blockchain-powered identity system as of October. A pilot test is currently being conducted for the system, which will run via a smartphone application. According to the news in a local source named Yonhap, the agency also; will issue tokens called "KISA Coin" to reward its employees and allow them to buy snacks, drinks, and even office supplies.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 359680.43 TRY

Having lost power after testing the 10627 resistance, BTCUSD experienced selling pressure a little, returning to its pricing in the band of 10210 and 10000. In case the selling pressure continues and 10000 support is broken, the increase in the volume of short positions may continue for a while and 9860 and 9650 supports can be watched in the cryptocurrency. Above, BTCUSD needs to hold above 10600 levels. It is thought that the 10210, 10372, and 10500 levels can be followed gradually in the period up to the specified range.

RESISTANCES 10210 - 10370 - 10500
SUPPORTS 10000 - 9860 - 9650

BITCOIN [BTC] 359680.43 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24661.64 TRY

ETHUSD, which retreated and tested the 321 support, breaking down the critical 373 level. After some recovery, the cryptocurrency is in a retreat process and is testing 9 MAs down on the 4-hour chart. If the selling pressure continues and the moving average breaks, it is thought that the selling pressure may continue for a while. In possible sales pressure, holding above 321 support may open the way for upward movements. However, a negative exit in the 321s may keep the selling pressure for a while.

RESISTANCES 354 - 359 - 363
SUPPORTS 340 - 332 - 328

ETHEREUM [ETH] 24661.64 TRY +7.00 +0.03 VOL 21 ETH

RIPPLE [XRP] 8.74 TRY

RESISTANCES 0.2390 - 0.2440 - 0.2607
SUPPORTS 0.2332 - 0.2305 - 0.2267

RIPPLE [XRP] 8.74 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 988.82 TRY

RESISTANCES 52 - 55 - 57
SUPPORTS 47 - 45 - 42

LITECOIN [LTC] 988.82 TRY +7.00 +0.03 VOL 21 LTC

We always love and support sports!

We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.