DAILY CRYPTOCURRENCY NEWS

VanEck Futures Bitcoin ETF Ends First Day With $9.6M Under Management

VanEck's XBTF traded 38,398 shares on its first day, with a daily close of $59.73 per share (just under $60 per share, which is the opening price). According to VanEck, the ETF has $9.6 million in assets under management at the close.

Ripple Conveys Its Vision For Crypto

Ripple has announced its vision for a regulatory environment surrounding digital assets in the United States. He proposed three basic structures: public-private cooperation, existing regulatory frameworks, and safe harbor provisions.

Deloitte Partners with Ava Labs

On Tuesday, Deloitte, one of the Big Four accounting organizations, announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte's new cloud-based platform will receive support from Avalanche to "improve the security, speed, and accuracy of Federal Emergency Management Agency refunds."

Brave Introduces Built-in Browser Wallet For Ethereum

Brave's latest update gives you access to a local Ethereum wallet. Brave Wallet can be used directly in the browser, eliminating the need to download extensions. Brave explained that this feature will be useful in overcoming the security problems of a local cryptocurrency wallet with extensions.

Third-Largest Bitcoin Whale Adds $13M Worth of BTC at $62K
One of the largest BTC whales has bought more than 200 coins at $62,000 shortly after selling 1,500 bitcoins at $67,500. Yesterday's purchase took place in the midst of the great correction of BTC. According to VentureFounders, the whale currently has 108,528 Bitcoins, which gives it an unrealized profit of$ 4.7 billion.
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 353044.35 TRY

Bitcoin lost a 1,60% value during morning hours; the current price is $59.268. VanEck's XBTF traded 38,398 shares on its first day, with a daily close of $59.73 per share (just under $60 per share, which is the opening price). According to VanEck, the ETF has $9.6 million in assets under management at the close. The low investment appetite on the day the ETF was listed, which had actually a lower-than-expected trading volume, is seen as one of the biggest reasons for the low trading volume.

When we consider the BTC/USDT pair technically, Bitcoin, which continues to move at price within the ascending channel that exists as of July 20, closed the day below $63.100 (mid-range band). BTC tested its 50-MA today after finding support at the same level; the bearish movement may continue towards the channel sub-band if this level does not work as support.

RESISTANCES 61.297 / 62.995 / 64.366
SUPPORTS 58.228 / 56.857 / 55.159

BITCOIN [BTC] 353044.35 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24566.93 TRY

Ethereum lost a 2,15% value during morning hours, and the current price is $4133. When we consider the ETH/USDT pair technically, ETH, which broke the $4600 level, its uptrend exists as of October downwards, increasingly drops. There has been a pullback for ETH to the important support zone marked in blue on the chart. We expect a support around the $4031 level (50-MA).

RESISTANCES 4334 / 4506 / 4641
SUPPORTS 3721 / 3893 / 4028

ETHEREUM [ETH] 24566.93 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 319.60 TRY

AVAX lost a 1,60% value during morning hours, and the current price is $95,76. On Tuesday, Deloitte, one of the Big Four accounting organizations, announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte's new cloud-based platform will receive support from Avalanche to "improve the security, speed, and accuracy of Federal Emergency Management Agency refunds."

When we consider the AVAX/USDT pair in technical terms, AVAX, which has been continuing its price movement within the ascending channel since August 21, is priced near the mid-range band of the channel. AVAX outlook is positive compared to the general market, MACD continues to give a buy signal in the daily chart.

RESISTANCES 104,67 / 112,41 / 122,99
SUPPORTS 68,03 / 75,77 / 86,35

AVALANCHE [AVAX] 319.60 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.31 TRY

Ripple lost a 1,45% value during morning hours, and the current price is $1,0729. When we consider the XRP/USDT parity in technical terms, XRP, which continues its ascending channel as of September 21, retreated after the reaction at $1,216 (mid-range band). If XRP loses the support at $1.05 (today retreated towards this level), another pullback can occur to the $1.

RESISTANCES 1,1309 / 1,1806 / 1,2249
SUPPORTS 0,9429 / 0,9926 / 1,0369

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

LITECOIN [LTC] 972.18 TRY

LTC lost a 2,95% value during morning hours; the current price is $222,8. When we consider the LTC/USDT pair technically, LTC, which continues to move within the ascending channel that exists as of July 21, closed the day below mid-range yesterday band after the sales through the market. Today, with the opening of the daily candlestick, the ongoing pullback is currently seen as having found support at the $222,2 level, which coincides with the Fibo'61,80. If the pullbacks continue if a pullback can occur at $50 (200-MA).

RESISTANCES 244,94 / 264,09 / 278,53
SUPPORTS 177,76 / 196,91 / 211,35

LITECOIN [LTC] 972.18 TRY +7.00 +0.03 VOL 21 LTC

LINK lost a 1,70% value during morning hours, and the current price is $28,71. When we consider the LINK/USDT pair technically, LINK, which moves in the ascending channel as of September 21, closed yesterday just above this trend. LINK is down on the candlestick open time this morning and broke the uptrend and 50-MA downwards. However, there is no recovery on the metrics yet. LINK found support at $28.24 (Fibo'50) last two days.

RESISTANCES 30,39 / 31,94 / 33,11
SUPPORTS 24,95 / 26,50 / 27,67

BASIC ATTENTION TOKEN [BAT] 5.51 TRY

BAT gained a 1,25% value during morning hours, and the current price is $1,0766. Brave's latest update gives you access to a local Ethereum wallet. Brave Wallet can be used directly in the browser, eliminating the need to download extensions. Brave explained that this feature will be useful in overcoming the security problems of a local cryptocurrency wallet with extensions.

When we consider the BAT/USDT pair technically, BAT, which stands out positively with the latest trend compared to the general market, started today positively despite the latest negative news. BAT tested its rising trend this morning and wiped out some of its intraday gains after the resistance it faced. If it loses the support above Fibo'61,80, it can retreat to the $0,963.

RESISTANCES 1,1774 / 1,2615 / 1,3679
SUPPORTS 0,7964 / 0,8805 / 0,9869

BASIC ATTENTION TOKEN [BAT] 5.51 TRY +7.00 +0.03 VOL 21 BAT

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