DAILY CRYPTOCURRENCY NEWS

ETF Statement from Grayscale CEO

As it is known, Bitwise's applications for Bitwise's Spot Bitcoin ETF are finalized on July 6. The Grayscale front has recently stated that they are working on any possible results. Finally, company CEO Michael Sonnenshein said on June 27 that they are preparing for every possible scenario. In case of refusal, the company is expected to take the case to court.

Tax Regulation for Owners of Digital Assets from Russia

A draft law on tax exemption for holders of crypto assets in Russia has been approved. With this regulation, value-added tax exemption will be applied to information tax operators and digital asset owners. The income tax rate in Russia, which is normally 20%, will be reduced to 13% for companies and 15% for other groups with the draft law.

Quite a Positive Development for Axie Infinity

Due to a major theft incident in recent months, the bridge between Axie Infinity and Ronin was closed and hundreds of people were victimized. Ronin reported that the bridge will be rebuilt in recent weeks and that the victims will be compensated. Yesterday it was announced that the bridge was opened. 

World Giant Company Enters the Metaverse

The famous e-commerce organization eBay is preparing to enter the metaverse and NFT markets. The company has applied to establish a digital product marketplace for NFT trading, NFT exchange, and sales of real and digital products.

Morocco's Central Bank Announces Bitcoin and Crypto Asset Regulation

Morocco has joined the list of countries where crypto assets are officially recognized and intended to be controlled. The country's central bank, Bank Al-Maghrib, is issuing a crypto regulation plan along with advice from a global financial institution. 

Chainlink Begins to Be Listed on the Famous Platform

Chainlink has started to be listed on the famous stock trading platform Robinhood. The company made its official announcement after LINK was opened for trading. LINK experienced a 4% rise in reaction to this development. 

Cosmos Hub Announces New Feature

Cosmos said that a new feature related to Interchain security will be announced. Interchain security allows some applications and chains to protect themselves through Cosmos Hub. This development is expected to be completed in about 3 months.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 359179.83 TRY

In Bitcoin, the above 21,000 has failed to maintain its strong stance. BTC, which has fallen to 20,000 levels, also saw a large amount of outflows from digital asset funds last week. Although it is very important that it can maintain the 20,000 level, negative news from the world and crypto asset markets seems to pull Bitcoin down. The negative Spot ETF decision to be announced today may also bring the price down a bit.

Bitcoin is pricing in at $20,330 today, up 0.24% in the morning. When we look at the hourly chart, we see that Bitcoin, which is in a channel, has fallen to the channel lower band and has been there for a while. It remained in the 20,100-20,300 band for several hours as of the morning hours. After a downside break from these levels, the critical levels will be 20,000 and 19,600 respectively.

RESISTANCES 20.892 / 21.602 / 22.006
SUPPORTS 19.778 / 19.374 / 18.664

BITCOIN [BTC] 359179.83 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24577.19 TRY

Ethereum has come to an end in Gray Glacier development. This development, which is the latest postponement of the difficulty bomb, one of the most important stages for the ETH merger, will be a historic step in the entire crypto asset world. In addition, Ethereum continues to have a strong stance. Ethereum completed the last week with the inflow of money into digital asset funds despite the outflow in the general market.

Today, ETH is priced at $ 1153, up 0.82% in the morning hours. Ethereum has been in an ascending channel for the past 10 days. Although it tried to break the channel upwards many times, it failed to do so and has now fallen to the support level in the channel lower band. If this channel breaks, there is no other support level up to the $1014 level.

 

 

RESISTANCES 1202 / 1274 / 1312
SUPPORTS 0982 / 1054 / 1092

ETHEREUM [ETH] 24577.19 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 317.13 TRY

AVAX, which has gained 0.15% as of the morning hours, is priced at $ 18.51. Looking at AVAX's 4-hour chart, we can say that the support at 18.60 has been broken and the next support is at the $16 levels. In addition, we can say that the upward trend it has realized since June 20 has been broken downwards and in a possible decline in the market, AVAX will fall to the previous low of $ 14 and can test that support.

RESISTANCES 19,94 / 21,50 / 22,48
SUPPORTS 14,86 / 16,42 / 17,40

AVALANCHE [AVAX] 317.13 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.78 TRY

XRP, which lost 0.56% of its value in the morning, is priced at $ 0.3355. XRP, which was in a falling triangle pattern on the 4-hour chart, is currently in the middle levels of the pattern. Although it has been quite strong in recent weeks, it has been one of the coins that have not been able to break the resistance level in Ripple and have experienced a return.

RESISTANCES 0,3466 / 0,3607 / 0,3678
SUPPORTS 0,3042 / 0,3183 / 0,3254

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

LITECOIN [LTC] 987.70 TRY

LTC is trading at $52.88, up 0.21% as of the morning hours. As we mentioned yesterday, the level of $ 55 and $ 57 saw a very critical task and after the breakout, a direct decline was seen to $ 52. A break of the critical support level at $50 could mean a return to the $40 levels in LTC.

RESISTANCES 56,87 / 61,73 / 64,17
SUPPORTS 42,27 / 47,13 / 49,57

LITECOIN [LTC] 987.70 TRY +7.00 +0.03 VOL 21 LTC

LINK is down 0.95% at $6.26 today. LINK is located in a channel between 6.20-7.70. It is currently above the support level of the channel and is testing the downside breakout. Although it experienced a positive movement with the news of the listing yesterday, with the general decline in the market, LINK also experienced a decline of about 10% to the support level.

RESISTANCES 07,02 / 07,77 / 08,16
SUPPORTS 04,74 / 05,49 / 05,88

BASIC ATTENTION TOKEN [BAT] 5.62 TRY

BAT is trading at $0.3657, down 1.59% as of morning hours. When we look at the 4-hour chart, we see that it is in a channel. BAT, which remained in the channel upper band for quite a long time, started a bearish movement as of June 26 and declined to the channel middle band. During the decline, the breakdown of 0.4015 and 0.3720 levels, which we can consider strong, has taken place and the next support level seems to be the channel middle band at 0.36.

RESISTANCES 0,3912 / 0,4147 / 0,4277
SUPPORTS 0,3182 / 0,3417 / 0,3547

BASIC ATTENTION TOKEN [BAT] 5.62 TRY +7.00 +0.03 VOL 21 BAT

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