DAILY CRYPTOCURRENCY NEWS

The SEC said it was not going to Refuses to Create Documents Related to XRP, Bitcoin, Ethereum Assets of Employees

In the latest development in the ongoing Ripple - SEC case, the SEC opposed Ripple's move forcing SEC employees to disclose their XRP assets. The SEC asked the court to reject the defendants' request, citing the privacy of its employees.

Financial Giant SBI Aims to Launch Cryptocurrency Fund Containing Five Digital Assets

Japanese financial giant SBI Holdings has reportedly launched the country's first cryptocurrency fund. Bloomberg said: "We're not the fund will invest in Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin and possibly other crypto assets.

JpMorgan's Comment on the Outlook for Cryptocurrency Markets
JpMorgan, the global investment bank, said cryptocurrency markets "look frothy" as retail investors pour from the stock market to cryptocurrencies and irrevocable tokens (NFT's).

BBVA Switzerland Launches "Next Generation" Digital Account With Cryptocurrency Wallet Integration

BBVA Swiss customers will be able to purchase, store and exchange crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union and in a number of markets in South America.

A First In Ethereum After EIP-1559

The daily export of the world's second-largest cryptocurrency has been negative for the first time since the Ethereum network upgraded to EIP-1559, with the amount burned in the daily period exceeding the amount produced.

Phantom Foundation and Bware Labs Announce Collaboration

The Phantom Foundation announced its partnership with Bware Labs. Bware Labs will now be a leading blockchain endpoint provider to support the Phantom main network and test network.  

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 353379.07 TRY

Bitcoin, which lost about 0.40 percent in the morning, is priced at $51,690. Japanese financial giant SBI Holdings has reportedly launched the country's first cryptocurrency fund, according to a recent news feed. Bloomberg said "We're not the fund will invest in Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin and possibly other crypto assets.

When we consider BTC/USDT parity in technical terms, BTC broke the resistance level in the band 50.400-51.200 dollars upwards and closed the day above this resistance zone. BTC, which has reached our price target of $51,200, which we mentioned in the bulletin last week, appears to be volumeless due to the fact that the breakdown is on the weekend. In the daily period, MACD has signaled receive in the morning as of the daily candle we are in. Our next price target is $53,250 unless there is a 4-hour close below the resistance zone that we have broken up in Bitcoin.

RESISTANCES 52.556 / 53.387 / 54.915
SUPPORTS 50.197 / 48.669 / 47.838

BITCOIN [BTC] 353379.07 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24552.47 TRY

Ethereum, which lost about 1.10 percent in the morning, is priced at $3910.76. The daily export of the world's second-largest cryptocurrency has been negative for the first time since the Ethereum network upgraded to EIP-1559, with the amount burned in the daily period exceeding the amount produced. The outlook is positive in the medium and long term for ETH, which is planned to limit supply in this way in the future.

When we consider the ETH/USDT parity in a technical sense, it seems that a volumeless and horizontal price movement prevailed over the weekend. When we examine ETH, which has recently been valued at about 20% against Bitcoin, in the daily period, it continues to signal macd and parabolic SAR. Our price target of $4170 for ETH remains stable unless the daily close occurs below $3847.

RESISTANCES 3988 / 4054 / 4131
SUPPORTS 3703 / 3769 / 3846

ETHEREUM [ETH] 24552.47 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 319.70 TRY

The AVAX, which lost about 0.95 percent in the morning, is priced at $47.78. When we examine the AVAX/USDT pair technically, AVAX, which broke its downward trend upwards with above-average trading volume as of August 24 with its support from Fibo's $38.16, which corresponds to the 23.60 tranche, has received a reaction from the resistance zone in the band of 50-51 dollars with the breakdown and horizontal price movement prevails. He signaled take the MACD over a four-hour period. In order for the upward movement in AVAX to regain momentum, the resistance zone must be broken upwards.

RESISTANCES 49,68 / 51,31 / 53,22
SUPPORTS 42,60 / 44,23 / 46,14

AVALANCHE [AVAX] 319.70 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.31 TRY

Ripple, which gained about 1.00 percent in the morning, is priced at $1.3212. In the latest development in the ongoing Ripple - SEC case, the SEC opposed Ripple's move forcing SEC employees to disclose their XRP assets. The SEC asked the court to reject the defendants' request, citing the privacy of its employees.

When we consider the XRP/USDT pair technically, XRP broke its downward trend as of August 15 last week at $1,243, which held above the trend and the level of $1.2379, which corresponds to the Fibo'50 tranche. Although macd has not yet signaled buy in the daily period, there is a recovery. While the outlook for XRP is positive, our short-term price target of $1.41 remains stable.

RESISTANCES 1,3624 / 1,4018 / 1,4647
SUPPORTS 1,1578 / 1,1972 / 1,2601

RIPPLE [XRP] 8.31 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 972.97 TRY

LTC, which lost about 2.75 percent in the morning, is priced at $224.9. When we consider LTC/USDT parity in technical terms, LTC, which recently broke the long-term jam area upwards, has seen strong price movements in the direction of rise with the breakdown. LTC closed above $207 per day on September 3, coinciding with Fibo'50, and continued to rise over the weekend. Our next short-term expectation for LTC is $243.8, which we think will continue to move upwards unless there is a daily close below the support level in the $206-211 band.

RESISTANCES 235,29 / 244,57 / 257,13
SUPPORTS 191,61 / 200,89 / 213,45

LITECOIN [LTC] 972.97 TRY +7.00 +0.03 VOL 21 LTC

LINK, which lost about 0.75 percent in the morning, is priced at $33.24. If we examine the LINK/USDT parity in technical terms, LINK broke the $28 level, which corresponds to its 200-day moving average, and broke the band of $31.3-32.2, which is a significant resistance zone in the horizontal, upwards yesterday. LINK, which also exceeded our price target of $31.33 last week, will continue to rise towards $35.30 if it can maintain above the resistance zone it has broken.

RESISTANCES 34,67 / 36,04 / 38,49
SUPPORTS 27,04 / 28,40 / 30,86

BASIC ATTENTION TOKEN [BAT] 5.49 TRY

BAT, which lost about 1.40 percent in the morning, is priced at $0.971. When we consider BAT/USDT parity in technical terms, it continues to be priced above the rising major trend, which passed the July 20 low and the August 19 low. BAT, which experienced momentum in the upward movement last week with its support from its 200-day moving average, also broke our short-term target price of $0.908, rising to $1. Although the buy signal continues in the daily period in MACD, short-term withdrawals can be expected for BAT, which has reached the significant resistance zone.

RESISTANCES 1,0128 / 1,0513 / 1,0990
SUPPORTS 0,8404 / 0,8789 / 0,9266

BASIC ATTENTION TOKEN [BAT] 5.49 TRY +7.00 +0.03 VOL 21 BAT

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