DAILY CRYPTOCURRENCY NEWS

Wordpress Includes Ethereum Ad Plugin In Its System

A new plugin paves the way for WordPress users to transfer ad revenue directly to their Ether wallets. It is stated that the plugin can be used regardless of the content format.


Fidelity Investments to Accept Bitcoin as Mortgage in Digital Asset Branch
Fidelity, one of the leading investment companies in America, announced that it can now display Bitcoin as a mortgage on the "Corporate Level Digital Asset" platform. It was reported that customers can use this for cash loans.

Sweden to Work on Cryptocurrency
Sweden, one of the countries with the least cash in the world, will conduct research to convert the currency to digital. The research is planned to be completed in 2022. The Swedish Central Bank has a Bitcoin-based pilot implementation.

Number of Wallets Holding 1000 and Over Bitcoin Increased by 17%
In 2020, the number of wallets, also described as "whales", broke a record as 2052. This is thought to be a result of institutional investors' interest in cryptocurrencies.

 

Second Airdrop Herald After Spark Token

Flare Finance gave the good news that a new airdrop will arrive just weeks after the Spark Token distribution. It was announced that the investors holding FLR in their account will be detected one month after the opening of the Flare Network, and a DAO Flare (DFLR) airdrop will be arranged for these investors 1-2 weeks later.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 351255.96 TRY

Bitcoin is trading above $ 19,000 this morning. Last week, with a current quantitative analysis that stated that the miner sales are likely to end, we made the narration both here and in our Crypto Zoom video on YouTube. At the point where we came, BTC prices returned from the level of $ 18,600, and the interest of institutions rather than the sales of miners began to be discussed. Indeed, corporate FOMO may have started. Bitcoin and Ethereum can now be traded on Apple payment systems with 400 million users. The fact that the cryptocurrencies previously listed by PayPal are also being bought and sold by Apple, is very important in terms of the widespread and increased accessibility of Bitcoin.

When we consider BTC / USD technically; While futures opened with a gap this morning, BTC made a double bottom in the $ 17,600 region. Currently, Momentum and MACD indicators also support the buy and generate a buy signal. On the other hand, while the $ 19,000 region corresponds to the Fibo'23.6 zone, it is very important that the prices settle at this point in terms of the $ 20,000 trial. Our major resistance is $ 19,400, its previous highs. $ 20,000 trial appetite will be refreshed as you hold over 19,000.

RESISTANCES 19,414 / 19,697 / 20,019
SUPPORTS 18,809 / 18,487 / 18,204

BITCOIN [BTC] 351255.96 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24454.21 TRY

Ethereum has recovered from $ 530 levels last week to $ 590. The stake (ETH lock to the system) status continues for the 2.0 transition and stages in ETH / USD, which is traded at $ 586 this morning. One of the largest crypto exchanges announced that they have invested 100,000 ETH in the Ethereum 2.0 blockchain. Especially the shift of corporations from Bitcoin to Ethereum has been an important factor in the increase in the number of stakes. With the Ripple airdrop end, users are hungry for BTC and ETH. As we mentioned last week, our expectation of recovery in ETH has come true.

When we consider ETH / USD technically, we show the deviations with the blue trend line in addition to the uptrend. At the same time, the double bottom formation in the $ 540 region is in the $ 540-580 range, pointing to the $ 640 level above. The outlook is positive for ETH / USD to continue to recover and break the $ 624 level for a new trend.

RESISTANCES 597 / 609 / 624
SUPPORTS 570 / 555 / 543

ETHEREUM [ETH] 24454.21 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 316.89 TRY

RESISTANCES 3,3945 / 3,4818 / 3,5463
SUPPORTS 3,2427 / 3,1782 / 3,0909

AVALANCHE [AVAX] 316.89 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.17 TRY

Ripple is trading near $ 0.51, retracing around 1% on the first day of the new week. XRP has soared in total market cap to become the third largest cryptocurrency ahead of Tether. On December 12, the first step was taken to distribute the XRP Airdrop Spark Token and will be distributed gradually as announced. XRP, which was active and demanded in the markets with the expectation of Spark Token, experienced a 16% retreat with the realization of the airdrop. According to the Flare Network's statement, they reported that the second airdrop project will take place in the coming weeks.

Technically speaking, XRP / USD is moving forward near $ 0.51, reacting downwards compared to last week's transactions on the four-hour charts. Although it tries to break the downward trend that has been going on since November, eight times in the four-hour candles, it continues to move in the lower zone of the trend. Especially with the realization of the expectation after the airdrop, there were exits from XRP / USD. For this reason, sudden withdrawals were observed. With its rising again, the $ 0.5230-0.5425 levels come to the fore. Retracements to the $ 0.4940-0.4800 levels may be considered in the event of possible retracements.

RESISTANCES 0,5267 / 0,5456 / 0,5632
SUPPORTS 0,4902 / 0,4726 / 0,4537

RIPPLE [XRP] 8.17 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 971.90 TRY

While Litecoin retreated to $ 70 last weekend, it is trading near $ 81 this morning, with a change of around 1% from yesterday's gains. According to Glassnode data; Considering the daily averages, the total number of transactions increased up to 20% in the last day. Especially after the expectation of Ripple airdrob came true, the demand for other coins increased and the prices were positively reflected. The outlook is positive and positive.

When we consider the LTC / USD technically, although the four-hour charts retreated to $ 70 levels in Friday's trading, the descending channel broke the upper resistance band at $ 80, and after the TOBO outlook formed in a four-hour period, it rose to the TOBO target of $ 84. LTC / USD, which pulled back to its previous declining trend after the last $ 80 pullback and then took hold and increased, could get squeezed in this $ 4 band as long as it failed to break the $ 84.00 level. The outlook for LTC, which survived this pressure as a result of the breaking of the downward trend, is in the direction of recovery.

RESISTANCES 84,72 / 88,45 / 92,88
SUPPORTS 76,56 / 72,13 / 68,40

LITECOIN [LTC] 971.90 TRY +7.00 +0.03 VOL 21 LTC

Drawing a rising market outlook over the weekend, LINK is trading near $ 13, with a retracement of around 2% this morning, according to yesterday's trading. According to Glassnode data; LINK's percentage of supply on smart contracts reached an all-time high. Updates are also expected in smart contracts, especially with the start of the Ethereum 2.0 update. In this way, agreements with corporate companies will be opened.

Technically, LINK ended its movement in the downtrend since late November, breaking the upper resistance point of the channel at $ 12.35 and rising to $ 13.30. With this move, it returned to the ongoing upward trend since September. in the current situation it should break the range of $ 13.80 to $ 14.00. With this point break, we can see fast developing new minor bullish trends in LINK / USD, while the 'Bullish Engulfing' bull conversion movement is in question at $ 11.70, the outlook is improving.

RESISTANCES 13,23 / 13,81 / 14,37
SUPPORTS 12,10 / 11,54 / 10,96

BASIC ATTENTION TOKEN [BAT] 5.53 TRY

RESISTANCES 0,2203 / 0,2251 / 0,2310
SUPPORTS 0,2096 / 0,2037 / 0,1989

BASIC ATTENTION TOKEN [BAT] 5.53 TRY +7.00 +0.03 VOL 21 BAT

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