DAILY CRYPTOCURRENCY NEWS

Lüks Modanın Adresi Artık SandBox!

Announcing a partnership with SandBox, Singapore-based fashion company ALTAVA wants to showcase its NFTs at ALTAVA Land. SandBox will create metaverse for ALTAVA to showcase mini-games, a luxurious fashion town, and an art exhibition.

Senate Candidate Bryan Solstin Backs BTC Legal Tender in USA

U.S. Senate candidate Brian Solstin has vowed to focus on Bitcoin (BTC) legal tenders if chosen. If he can get into the U.S. Senate, residents will be allowed to use digital assets to pay off debts and more.

Rihanna Files Applications to Offer Products In Metaverse

Rihanna, one of the most remarkable singers of all time, will launch virtual cosmetics under "Fenty" brand. Rihanna intends to sell cosmetics and other products at Metaverse.

Kentucky Bitcoin Miners Want to Digitize Coal

Kentucky offers both cheap property and electricity. “We're trying to digitize coal,” said Warren Rogers, CSO and former venture capitalist at Blockware Solutions. However, Rogers will support his team with Chinese-made BTC mining machines and power cables to power the mine.

South Korean Financial Regulators Block Listing of Privacy-Oriented Crypto Assets

The FIU has confirmed that all privacy-focused cryptocurrencies will be removed from local cryptocurrency exchanges. He cited the reason as the fact that the intermediary of such cryptocurrencies carries the risk of money laundering.

Sberbank Granted Right 'Issue and Exchange' Digital Assets

Russia's Sberbank obtained a license from the Central Bank of Russia to issue and exchange digital assets, just two months after the Central Bank of Russia advocated a complete ban on cryptocurrency trading, mining and usage.

Ripple's ODL Product Close to Achieving Global Coverage

In the latest episode of “The Ripple Drop”, released earlier this Thursday, On-Demand Liquidity (ODL) is close to achieving “global coverage,” RippleNet network's General Manager Asheesh Birla said.

Ethereum Startup Optimism Reaches a $1.6 Billion Valuation After Raising $150 Million

Ethereum scaling solution Optimism today announced it has raised $150 million in the Series B financing round. In a blog post Thursday, the startup said the added cash now means the company is worth $1.65 billion.
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 352127.89 TRY

Bitcoin lost a 0.88% value during morning hours and is priced around $40,571. When we consider the BTC/USDT pair technically, there is no major change in the outlook. The Bitcoin price jumped again after the interest rate decision. Bitcoin left behind the level of $40,328 (the 50MA level). It appears to be held above those levels as of daily close for two days. If it continues to sustain above the 50MA level, a surge towards $45,000 might follow.

RESISTANCES 41.288 / 41.950 / 42.458
SUPPORTS 40.118 / 39.610 / 38.948

BITCOIN [BTC] 352127.89 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24535.29 TRY

Ethereum lost a 1.10% value during morning hours and is priced around $2777. Ethereum scaling solution Optimism today announced it has raised $150 million in the Series B financing round. In a blog post Thursday, the startup said the added cash now means the company is worth $1.65 billion.

When we consider ETH/USDT pair technically, ETH broke the short-term minor trend as of November 30, 2021, upwards  and closed the day above those levels. At the same time, ETH has daily closes above $2778 (50MA level) for two days. Price-volume correlation support the rise.If the price movement continues above 50MA level, our next price target is $2980.

RESISTANCES 2827 / 2873 / 2913
SUPPORTS 2653 / 2699 / 2740

ETHEREUM [ETH] 24535.29 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 318.58 TRY

AVAX lost a 0.10% value during morning hours and is priced around $79,35. When we consider AVAX/USDT pair technically, AVAX had a stagnated price movement as of January but broke the downtrend on February 24 two days ago and gained momentum. Yesterday AVAX broke the 50MA level and resistance zone marked in blue upwards. In AVAX, which retested its 50MA level this morning, if this level is maintained above this level, pricing can be seen towards the level of $85.

RESISTANCES 82,07 / 85,03 / 88,33
SUPPORTS 69,55 / 72,51 / 75,81

AVALANCHE [AVAX] 318.58 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.18 TRY

Ripple lost a 0.30% value during morning hours and the current price is $0,7895. In the latest episode of “The Ripple Drop”, released earlier this Thursday, On-Demand Liquidity (ODL) is close to achieving “global coverage,” RippleNet network's General Manager Asheesh Birla said.

When we consider XRP/USDT pair technically, there is no major change in the outlook. XRP, which broke the downward trend with the positive lawsuit decision on Friday, sustains the 50MA level. With the interest decision yesterday, the positive trend in XRP continues. Our next target level is $0.862.

RESISTANCES 0,8034 / 0,8173 / 0,8337
SUPPORTS 0,7428 / 0,7567 / 0,7731

RIPPLE [XRP] 8.18 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 966.69 TRY

LTC lost a 1.10% value during morning hours and is priced around $108.9. When we consider LTC/USDT pair technically, LTC could finally break the downtrend upwards that existed for a long time and surged towards $113.1 (50MA level). LTC closed the day near 50MA level. It has been retreating for two days. If it breaks the $113.3 level upwards, we expect a rise to our next short-term target of $120.

RESISTANCES 111,26 / 113,43 / 115,37
SUPPORTS 103,04 / 105,21 / 107,15

LITECOIN [LTC] 966.69 TRY +7.00 +0.03 VOL 21 LTC

LINK lost a 0.11% value during morning hours and is priced around $14,23. When we consider the LINK/USDT pair technically, LINK has price action inside the horizontal channel as of May 26. The stagnated price movement dominates over LINK on February. LINK, which recently broke both the channel lower line and the stagnated zone upwards, experienced a sharp rise due to the positive effect of the Fed decision on the market. Our expectation is positive as long as the line is not lost downward again in the pair that experienced pullback recently.

RESISTANCES 14,65 / 15,14 / 15,39
SUPPORTS 13,16 / 13,66 / 13,91

BASIC ATTENTION TOKEN [BAT] 5.50 TRY

BAT lost a 2.21% value during morning hours, and is priced around $0,8273. When we consider BAT/USDT pair technically, there is no major change and the positive outlook sustains. BAT had broken the downtrend on November 28 and momentum accelerated. As we mentioned earlier in the daily newsletter, a positive divergence had occurred on the daily chart. Reaching the price target, BAT increased with positive news flow and positive divergence. And it broke the level of $0,7686 (50MA level) upwards. While retracement effects continue in the general, BAT seems to wipe out intraday gains.

RESISTANCES 0,8623 / 0,8965 / 0,9176
SUPPORTS 0,7517 / 0,7859 / 0,8070

BASIC ATTENTION TOKEN [BAT] 5.50 TRY +7.00 +0.03 VOL 21 BAT

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