DAILY CRYPTOCURRENCY NEWS

Putin Urges Government and the Russian Central Bank to Find Consensus on Crypto 

President Vladimir Putin has asked Russian politicians and the central bank to reach a consensus on Wednesday, following a clash over how much control is needed on cryptocurrencies as they gain traction in Russia.

Valkyrie Aims to Offer ETFs Linked to Bitcoin Mining Firms on Nasdaq

Crypto asset manager Valkyrie has filed an application with the United States Securities and Exchange Commission to trade an exchange-traded fund (ETF) with exposure to Bitcoin mining firms on the Nasdaq Stock Market.

Number of Bitcoin Addresses Holding at Least 0,01 BTC All-Time High

With the recent sharp retracements, it seems that the number of investors above 0.01 BTC in their wallet has reached an all-time high. This shows that along with price retracements, it increases the appetite of a small investor to buy BTC.

Powell: Inflation Will Drop

In remarks at a conference after the decision to keep interest rates near zero, Fed Chairman Jerome Powell commented on inflation: "Price increases have now spread to a wider range of goods and services. Wages have also risen rapidly,, and we are beware of the risks that constant real wage growth that exceeds productivity could put upward pressure on inflation."

SEC Postpones Decision on ARK 21Shares Bitcoin ETF to April 3

The US Securities and Exchange Commission has postponed the decision date for the ARK 2021shares Bitcoin exchange-traded fund (ETF), which was originally filed on July 21, 2020. According to a Tuesday filing from the SEC, the regulatory body will push the deadline for approving or disapproving the ARK 21Shares Bitcoin ETF from February 2 for an additional 60 days to April 3.

Fed Market Reaction: Stock Correlation Weighs More on Bitcoin Than Interest Rates

In its two-day policy meeting that concluded Wednesday, the Fed signaled it would likely begin to raise interest rates in March in tandem with cutting down its balance sheet.  “I would say that the committee is of a mind to raise the federal funds rate at the March meeting, assuming that conditions are appropriate for doing so,” Fed Chairman Jerome Powell said following the Federal Open Market Committee (FOMC) meeting.
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 359537.95 TRY

RESISTANCES 38.167 / 40.334 / 41.667
SUPPORTS 34.667 / 33.334 / 31.167

BITCOIN [BTC] 359537.95 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24651.14 TRY

RESISTANCES 2633 / 2865 / 3005
SUPPORTS 1889 / 2121 / 2261

ETHEREUM [ETH] 24651.14 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 319.93 TRY

RESISTANCES 70,06 / 77,91 / 82,31
SUPPORTS 45,56 / 53,41 / 57,81

AVALANCHE [AVAX] 319.93 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.77 TRY

RESISTANCES 0,6417 / 0,6840 / 0,7096
SUPPORTS 0,5059 / 0,5482 / 0,5738

RIPPLE [XRP] 8.77 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 991.04 TRY

RESISTANCES 112,88 / 121,54 / 126,44
SUPPORTS 85,76 / 94,42 / 99,32

LITECOIN [LTC] 991.04 TRY +7.00 +0.03 VOL 21 LTC

RESISTANCES 16,46 / 18,08 / 19,16
SUPPORTS 11,05 / 12,68 / 13,76

BASIC ATTENTION TOKEN [BAT] 5.65 TRY

RESISTANCES 0,8566 / 0,9241 / 0,9682
SUPPORTS 0,6334 / 0,7009 / 0,7450

BASIC ATTENTION TOKEN [BAT] 5.65 TRY +7.00 +0.03 VOL 21 BAT

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