DAILY CRYPTOCURRENCY NEWS

DUBAI'S BLOCKCHAIN ​​INVESTMENTS CONTINUE!

Dubai has taken another important step towards blockchain technology. Emirates NBD, the largest asset in the Middle East with the Ministry of Economic Development, has launched a blockchain-based initiative. In this context, the new platform, called KYC Blockchain Consortium, will be created to accelerate the procedures for accepting new customers.

A formal agreement was agreed at the consortium on how to share the data of all its members, including HSBC and RAKBank. Also, as stated by Moody, the world's leading credit rating agency, it is aimed to reduce the operational risks of local banks.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 350290.31 TRY

BTCUSD, which retraced after testing 11300 resistance, already broke the 11000 levels downward as buyers lost power. In the cryptocurrency that we have stated that the downward movements may occur if it does not break the resistance of 11300, 10900-10800 band range may come to the agenda in the first place. If the sales pressure continues, it is beneficial to pay attention to 10627 support. Unless the above 11300 resistance can be broken, sales pressure can occur.

RESISTANCES 11000 - 11300 - 11530
SUPPORTS 10800 - 10627 - 10500

BITCOIN [BTC] 350290.31 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24336.62 TRY

ETHUSD, which could not catch enough momentum to break 328 resistance, gradually retreated and settled on the axis of 317 support. It is believed that 312 and 307 supports can be followed if the support breaks. In this case, holding at 300 levels is important for the crypto unit. If it can hold on to 317 support, it is beneficial to monitor the area carefully as 321 and 328 resistance may come up again.

RESISTANCES 321 - 331 - 340
SUPPORTS 317 - 312 - 307

ETHEREUM [ETH] 24336.62 TRY +7.00 +0.03 VOL 21 ETH

RIPPLE [XRP] 8.21 TRY

RESISTANCES 0.2440 – 0.2607 – 0.2876
SUPPORTS 0.2305 - 0.2267 – 0.2220

RIPPLE [XRP] 8.21 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 964.84 TRY

RESISTANCES 57 - 61 - 67
SUPPORTS 55 - 52 - 49

LITECOIN [LTC] 964.84 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.