Great Support to Ethereum from Investment Companies

IBC Group, a Dubai-based boutique investment firm, announced that it will invest $ 10 million worth of Ethereum to support the Ethereum 2.0 launch. IBC will receive a total of 21,984 ETH shares in three tranches for 687 validators. However, only 101,216 ETH has been invested in the contract so far. Ethereum must be staked (locked) to Ethereum 2.0, which will be launched on December 1, 524.288.

Digital Coins Can Change Balances
Andy Haldane, the chief economist at Bank of England, said digital currencies could reduce the need for negative interest rates. Haldane argued in his speech that digital currencies can improve financial stability.

Bitcoin Can't Satisfy the Record
The total market cap of the leading cryptocurrency Bitcoin (BTC) has risen to over $ 330 billion, breaking an all-time record in terms of total market capitalization. Bitcoin is very close to MasterCard, one of the world's largest payment providers, with a total market value of $ 336 billion.

Banks Take Cryptocurrencies
BNB Paribas, the ninth-largest bank in the world; In order to measure the efficiency of Ethereum (ETH) and Tezos (XTZ) platforms in financial processes, it came together with several different organizations and started a new test study. BNB Paribas will collaborate with CA CIB, Caisse de Dépots, Tokeny, and The Blockchain XDEV in the process. What happens when token or securities transactions within the blockchain network are atomized will be tested. This feature is thought to increase transaction speed and reduce cost.


BITCOIN [BTC] 446156.14 TRY

Bitcoin is moving positive at around 0.5% this morning, with a relatively slow rise. Bitcoin market dominance has risen to 70% again. This shows that the market is in BTC rather than the altcoin season. In addition, the fear of missing this rapid rise in Bitcoin, which we call FOMO, caused the market to quickly turn to BTC. However, this time, the fact that institutional investors are also on the list of buyers makes the increases in BTC even more grounded.

When we take the BTC / USD technically, after the rapid rise, prices stuck to the $ 19,000 limit retreated to $ 17,200 and the uptrend continues this morning. Our daily band ranges from $ 17,200 to $ 17,900, while momentum and MACD remain positive.

SUPPORTS 17,270 / 16,695 / 16,180
RESISTANCES 18,365 / 18,880 / 19,455

BITCOIN [BTC] 446156.14 TRY +7.00 +0.03 VOL 21 BTC


Ethereum Analysis - Ethereum is pricing around $ 475 this morning. Some of the Ethereums that were locked in Uniswap and later released are locked to the system for the ETH 2.0 update. Although Vitalik Buterin, founder of the Ethereum Foundation, said that "20% of the ETH required for the 2.0 update is complete, the update will come by December 1," investors are worried about this date. For this reason, we are seeing slower movements nowadays.

When we consider ETH / USD technically, movements continue within the bullish channel. While intraday movements continue at $ 490-465, our being in the bullish channel causes the retractions to result in a recovery. That's why we can see reactions from support. Although the outlook is horizontal, movements continue in the rising channel.

SUPPORTS 465 / 455 / 445
RESISTANCES 485 / 495 / 505

ETHEREUM [ETH] 31631.40 TRY +7.00 +0.03 VOL 21 ETH


SUPPORTS 3,590 / 3,465 / 3,355
RESISTANCES 3,840 / 3,955 / 4,080

AVALANCHE [AVAX] 405.06 TRY +7.00 +0.03 VOL 21 AVAX


SUPPORTS 0,2825 / 0,2715 / 0,2600
RESISTANCES 0,3045 / 0,3160 / 0,3265

RIPPLE [XRP] 7.80 TRY +7.00 +0.03 VOL 21 XRP


LTC, which managed to climb up to $ 73.90 at the end of its 3-day steep rises from $ 61.00 with the buying pressure since November 15, is trading at around $ 72.00 today, with profit realizations after it. In our article, which we wrote on the blog page as MVRZ score, we stated that LTC is not overprimed and we discussed in the morning's Crypto Zoom program that we expected profit realization. Litecoin mostly operates between $ 71.50-76.00 during the day. However, due to the fact that the market is also seller, this band may expand a little further and there may be a possible double peak in LTC. With this scenario, in possible withdrawals, LTC's wide trading band of $ 66.00 may come to the agenda and the double peak target may extend towards here.

SUPPORTS 70,25 / 66,65 / 64,25
RESISTANCES 76,25 / 78,60 / 82,20

LITECOIN [LTC] 1900.50 TRY +7.00 +0.03 VOL 21 LTC

SUPPORTS 12,90 / 12,40 / 12,00
RESISTANCES 13,80 / 14,25 / 14,75


SUPPORTS 0,1945 / 0,1895 / 0,1860
RESISTANCES 0,2030 / 0,2065 / 0,2115


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, Emir Tanju 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.