After Bitcoin fell to $ 31,000, liquidity in Bitcoin futures exceeded $ 1.47 billion on Sunday. The purges in the last 24 hours were recorded as $ 2.9 billion. The sharp decline of long positions and the record liquidation amount show that investors who opened bullish positions have taken a serious hit.
SEC Chairman is Changing
Gary Gensler, a leading financial regulator under the Obama administration, a professor of blockchain at MIT and known as a cryptocurrency friend, is expected to be appointed head of the US Securities and Exchange Commission (SEC) under Biden.
Volume Records From SushiSwap and PayPal
After seeing the biggest one-day drop in dollar terms in Bitcoin in the previous days, SushiSwap, a decentralized exchange, and PayPal saw record trading volume on their platforms. In the Crypto Money market, which has been quite volatile in recent days, additional investor interest in the sector did not go unnoticed.
UK Argued that XRP is Not a Security
The UK named Bitcoin, Ethereum, and XRP as "Tokens used as exchange tools" in the document for cryptocurrencies and stated that the mentioned products cannot be counted as money or securities.
Grayscale Announces Resumption of Fund Investor Admission
Grayscale, the largest cryptocurrency fund, announced in the previous weeks that it stopped purchasing fund investors and would not accept customers for a while. In the announcement made after the break, it was stated that investors who want to invest in Grayscale funds will be accepted.
DeFi Platform Breaks 1 Inch Volume Record
The 1 Inch decentralized cryptocurrency exchange has reached a total transaction volume of $ 10 billion. On the last day when the record was completed, it was announced on the stock exchange that a trading volume of 222 million dollars in 24 hours and 1 billion dollars in the last week.
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.