Interest in Bitcoin Futures is Growing Rapidly

Chicago Mercantile Exchange (CME) has become the largest Bitcoin futures exchange with open contracts as corporations continue to buy Bitcoin. Data from the crypto data analytics site Skew shows that the highest volume was recorded for Bitcoin futures contracts on December 28.

First Regulated Japanese Yen Stablecoin Approved in New York

The New York State Department of Financial Services authorized the Japanese giant GMO Internet to issue stable coins pegged to the US dollar and the Japanese yen under the New York Banking Act. The Japanese Yen stable coin will be the first of its kind publicly available.

XRP Boosted 35% in 45 Minutes

XRP dropped strongly as Coinbase dropped XRP from the list. Then it increased by 35% in the 45-minute period. Experts say this is a bit of a jam. According to the data obtained, the XRP futures contract of $ 96 million has been liquidated in the last 12 hours.

Cryptocurrency Exchange Bittrex Also Left XRP Out Of List

Bittrex, one of the leading US-based cryptocurrency exchanges, announced that, following the lawsuit between Ripple and SEC, it will not be able to trade with XRP as of January 15. The latest data show that Bittrex is trading approximately $ 130 million a day.

Grayscale Buys 10 Times The Amount Of Bitcoin Is Mined In One Day

Grayscale's recent bitcoin purchases correspond to 10 times the amount of Bitcoins mined on a daily basis. Grayscale's BTC purchase on December 24 was 9,603, exactly 10.6 times that of the mined. This situation points to a "liquidity crisis" by many experts.

Ministry of Commerce Seeks Blockchain Expert

After the CBRT announced the digital money project, another step came from the Ministry of Commerce. In the statement made on the official Twitter account of the Ministry, the statement "Searching for the stars of the blockchain" took place.

SEC Investigates Other Projects

Stating that Coinbase will remove XRP from the list a few days ago, investor Cochran stated in his last statement that the SEC is more active than thought and that it is in the research phase of other projects and companies.

Goods and Services Tax Proposal from India to Bitcoin

According to reports, India's Central Government, which ranks second as the country with the most Bitcoin trading in Asia, is evaluating the proposal to apply a Goods and Services Tax on Bitcoin. According to the draft, Bitcoin will be evaluated as an "intangible" asset, and a Goods and Service tax will be applied to all transactions.


BITCOIN [BTC] 443340.45 TRY

Bitcoin tested the $ 28,200 level this morning, approaching its record $ 28,400. It continues its course with purchases close to 3% this morning. SkyBridge Asset with a portfolio of $ 9.3 billion purchased Bitcoin for $ 182 million. Greenpro Capital announced a $ 100 million purchase of BTC yesterday. Corporate buying news bolstered its rise every time Bitcoin turned to profit sales. These new developments caused Bitcoin to diverge positively from the market this morning. The number of open positions in CME futures has also been another factor supporting Bitcoin's rise. We can say that the existing long positions are not traded and there is confirmation of the bull walk.

While Bitcoin is at $ 28,200, the daily change in Grayscale is to sell 32 BTC. Technically speaking, momentum and MACD does not confirm the $ 28,400 break for now. Likewise, the image in the BTC / LTC pair does not indicate a strong breakout movement. Therefore, the permanent break of the $ 28,400 level is not supported by the morning variables. The double top formation ended because it did not receive confirmation. We are in the range of $ 26,300-28,400 in BTC / USD. The view is horizontal but positive.

SUPPORTS 26,676 / 25,376 / 24,654
RESISTANCES 28,698 / 29,420 / 30,720

BITCOIN [BTC] 443340.45 TRY +7.00 +0.03 VOL 21 BTC


Ethereum is slightly positive at around $ 730 this morning. Ethereum, which moved positively in the emerging market under the leadership of Bitcoin, had sales in some Grayscale ETH funds yesterday. Therefore, while the movement was slower this morning compared to Bitcoin, the fact that most of the funds entered the port of Bitcoin and Ethereum due to Ripple's situation supports the price.

When we consider ETH / USD technically; Note that near $ 750 price activity slowed down somewhat, with horizontal oscillators overbought near $ 750, showing short term intraday weakness. The $ 720 and $ 700 levels are a horizontal trading band in retracements. Because if it breaks $ 700, the double top formation that may occur should be taken into consideration. Although the direction is positive, the moves are trading near the resistance level.

SUPPORTS 709 / 687 / 669
RESISTANCES 750 / 769 / 791

ETHEREUM [ETH] 30309.32 TRY +7.00 +0.03 VOL 21 ETH


SUPPORTS 2,8242 / 2,7683 / 2,7043
RESISTANCES 2,9441 / 3,0081 / 3,0640

AVALANCHE [AVAX] 400.44 TRY +7.00 +0.03 VOL 21 AVAX


SUPPORTS 0,1685 / 0,1321 / 0,0909
RESISTANCES 0,2461 / 0,2873 / 0,3237

RIPPLE [XRP] 7.67 TRY +7.00 +0.03 VOL 21 XRP


SUPPORTS 120,97 / 113,49 / 106,97
RESISTANCES 134,97 / 141,49 / 148,97

LITECOIN [LTC] 1767.09 TRY +7.00 +0.03 VOL 21 LTC

SUPPORTS 10,89 / 10,14 / 09,47
RESISTANCES 12,31 / 12,98 / 13,73


SUPPORTS 0,1970 / 0,1907 / 0,1845
RESISTANCES 0,2095 / 0,2157 / 0,2220


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