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CRYPTO ANALYSIS

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Bitcoin entered the last working day of the week with a 7 percent loss as the declines that have been continuing since the beginning of the week gained momentum.
At the beginning of the week, Bitcoin, whose price was in the $ 65 thousand 500 bands, continued its downward trend in the first hours of the day and fell to $ 55 thousand 600. The downtrend in Bitcoin, which was traded below the level of 56 thousand dollars, was triggered by the developments in the USA.
The most preferred leading altcoin after Bitcoin, Ethereum, fell below $ 4 thousand yesterday with the downward trend that started after seeing the all-time peak at $ 4,864.
The drop in the crypto money market this week was influenced by the profit sales that followed the record broken last week. In addition, harsh regulatory signals from the US also accelerated the decline.
The US President's signing of the infrastructure investment package, which includes the tax reporting obligation in cryptocurrencies at the beginning of the week, was also counted among the reasons for the decline.
In addition to the developments in the USA, it was learned that the government in India is also planning to introduce a crypto regulation bill.

While the use and power of Bitcoin and its derivatives have increased in 2021, assets that create an industry and field on their own are growing with their investors behind them. Countries may not be able to resist this rise shortly. This is why the Prime Minister of India thinks that steps should be taken beforehand.
A meeting organized by the Strategic Policy Institute in Sydney, Australia, was marked by the call of the Indian Prime Minister. High-level officials from many countries attended the meeting. Indian Prime Minister Narendra Modi made remarkable statements about the crypto market and Bitcoin, calling everyone to duty for this trend.
The most striking part of Modi's speech was his views on Bitcoin and the crypto money industry. Modi advised countries around the world to act together while calling for unity so that the crypto industry does not fall into the wrong hands.
“I think all democratic nations should unite on crypto. We must act together so that it does not fall into the wrong hands. Here, we need to think about our youth, too. It would be right for states to act together in this area.”

According to the published data, institutional investors increased demand for Cardano and Ethereum instead of BTC after the sudden drop in Bitcoin prices on Tuesday. Polkadot, Solana, and Ripple are next on the list of cryptos with an increase in demand.
According to this interesting phenomenon revealed by Coinshares data, investors have a new interest in altcoins such as Cardano and Ethereum. He notes that inflows to Cardano have increased significantly this week, almost equaling Ethereum inflows, bringing the year-to-date total to $108 million.
Solana (SOL), one of the largest cryptocurrencies with a market value of approximately $ 73 billion, continues to attract interest from institutional investors, while Ripple has seen approximately $ 3.1 million in fund inflows.
In addition, the popular cryptocurrency Polkadot (DOT) received an investment of approximately $ 5.2 million. According to analysts, Polkadot can rise at any time and this rise can reach the DOT target of $ 100. DOT token is also; Popular among crypto investors for staking, bonding, and governance.

Real Vision founder Raoul Pal said in a post that Ethereum deserves higher praise and believes it will quadruple.
Although Ethereum has been on the decline lately, according to Raoul Pal, Ethereum will reach an all-time high.
In his previous post, Raoul Pal predicted that Ethereum would reach $20,000 by March 2022. 70% of Real Vision's founder's portfolio is currently on Ethereum.

Twitter CEO Dorsey is among the world's leading crypto advocates. One of the questions that come to mind is how does Jack Dorsey not invest in crypto even though he is such a BTC supporter? The answer lies in the company's CFO, Ned Segal.
The fact that crypto-assets are not offered under certain financial rules, but also cannot be surrounded by certain frameworks, complicates things for CFOs. According to Twitter Chief Financial Officer Ned Segal, the volatility in crypto assets is quite high. That's why Segal said in an interview on Nov. 15 that he thinks it "doesn't make sense right now" to invest some of Twitter's corporate finances in crypto assets like bitcoin. According to the CFO, there are no plans to buy any BTC shortly.
Segal added that the company prefers to keep less volatile assets such as securities on its balance sheet;
“We must change our investment policy and choose to have more volatile assets.”
According to Segal, Bitcoin makes no sense to Twitter, but the possibilities it can offer individual users are exciting.
Segal, who is optimistic about NFTs, said the following about NFT:
“Over time you will see more trading opportunities, but the investment need not be a physical asset. Trading can mean helping someone trade where they subscribe to a new service, it could be buying an NFT. It doesn't have to be physical."

An explanation for Bitcoin came from the famous economist Mohamed El-Erian.
As it is known, economist Mohamed El-Erian said that he bought and sold Bitcoin in the past years. After the rise in Bitcoin after he sold it, the economist said he was considering re-entering Bitcoin.
According to economist Mohamed El-Erian, he said that Bitcoin could come as a global payment.

Litecoin (LTC),k users can now make unlimited payments wherever VISA is valid. A tweet was published that Litecoin, the 14th crypto by market capitalization, is accepted wherever VISA is accepted. In the announcement, it was stated that the Litecoin card will convert from current value to fiat at the time of purchase.
Additionally, the Litecoin Foundation tweeted on November 14:
“LTC is accepted wherever there is VISA. Litecoin Card converts LTC at the time of purchase. You can also connect the card with Litewallet_App.”
Having the feature of being used in daily expenditures, has taken an important step in proximity to consumers. Litecoin, which was among the top ten cryptos by market capitalization for a long time after its establishment, has become a widely used crypto among users and investors.
The currency, which is traded under the code name LTC, can be used in online shopping, digital service purchases, and restaurants in addition to physical and retail sales points by using a Visa-enabled card. Also, according to the company's website, Litecoin's VISA debit card has converted crypto into dollars in real-time. On top of that, the firm stated that there will be no additional transaction fees or deposit fees for using the VISA debit card, but a $5 monthly fee.

VanEck will launch its Bitcoin futures ETF tomorrow after a long effort.
VanEck, the first US-based asset manager to apply for a Bitcoin exchange-traded fund, has approved its BTC futures EFT.
According to the Chicago Board Options Exchange statement, VanEck will launch its Bitcoin EFT tomorrow.

As it is known, Visa has made strategic moves to develop in the crypto field and is still working on adapting to crypto assets. The payments giant recently announced that it has partnered with digital wallets and crypto exchanges under its card program to accelerate the crypto-to-fiat conversion. The company, which has been operating smoothly until now, continues to develop in this field.
It was stated that the payments giant company is looking for another crypto expert as “Director, Visa Crypto Ecosystem Readiness Lead”. Visa stressed that the traits she specified for the candidate should be highly analytical, fluent in cryptocurrency, and an excellent problem solver.
With this office, the crypto specialist will be responsible for creating and growing new revenue streams for the company through crypto products, developing strategies to accelerate the acceptance of the company's cards by crypto platforms such as exchanges, wallets, NFT markets, and others.
In recent months, the payments giant continues to build its crypto team. Oliver Jenkyn, vice president of Visa, said:
“We want to be an outlet and a key point between the normal world and the crypto world.”

Ethereum Name Service (ENS) reached $1 billion in transaction value this week.
The domain where ENS is used is often used to send and receive Erhereum-based assets.
Anyone holding an ENS name until the beginning of November will be able to receive ENS management tokens and become a member of the DAO until the coming months.

Elon Musk posed a question to his followers in his survey on Twitter last week. Musk asked, “Should I sell 10% of Tesla shares?” he had asked. Saying that he will comply with the results of the survey, Elon Musk kept his promise.
He reported that five million sales had occurred a few days after the survey was completed. The question of whether Elon Musk would sell most of Tesla shares over the weekend also attracted the attention of his followers. The vast majority of followers chose "yes" in the poll. Following the conclusion of the survey, Musk disposed of 3.6 million shares of Tesla, worth approximately $4 billion, as a result of filings with the Securities and Exchange Commission on November 9.
in addition to all these, Tesla; After exercising its option to buy 2.2 million shares, it sold an additional 934,000 shares for $1.1 billion.
Elon Musk has sold Tesla shares for the first time since 2016. It was also the third total sale since the company went public in 2010. As of now, the billionaire has about 170 million shares left.

Bitcoin entered the last working day of the week with a 7 percent loss as the declines that have been continuing since the beginning of the week gained momentum.
At the beginning of the week, Bitcoin, whose price was in the $ 65 thousand 500 bands, continued its downward trend in the first hours of the day and fell to $ 55 thousand 600. The downtrend in Bitcoin, which was traded below the level of 56 thousand dollars, was triggered by the developments in the USA.
The most preferred leading altcoin after Bitcoin, Ethereum, fell below $ 4 thousand yesterday with the downward trend that started after seeing the all-time peak at $ 4,864.
The drop in the crypto money market this week was influenced by the profit sales that followed the record broken last week. In addition, harsh regulatory signals from the US also accelerated the decline.
The US President's signing of the infrastructure investment package, which includes the tax reporting obligation in cryptocurrencies at the beginning of the week, was also counted among the reasons for the decline.
In addition to the developments in the USA, it was learned that the government in India is also planning to introduce a crypto regulation bill.

While the use and power of Bitcoin and its derivatives have increased in 2021, assets that create an industry and field on their own are growing with their investors behind them. Countries may not be able to resist this rise shortly. This is why the Prime Minister of India thinks that steps should be taken beforehand.
A meeting organized by the Strategic Policy Institute in Sydney, Australia, was marked by the call of the Indian Prime Minister. High-level officials from many countries attended the meeting. Indian Prime Minister Narendra Modi made remarkable statements about the crypto market and Bitcoin, calling everyone to duty for this trend.
The most striking part of Modi's speech was his views on Bitcoin and the crypto money industry. Modi advised countries around the world to act together while calling for unity so that the crypto industry does not fall into the wrong hands.
“I think all democratic nations should unite on crypto. We must act together so that it does not fall into the wrong hands. Here, we need to think about our youth, too. It would be right for states to act together in this area.”

According to the published data, institutional investors increased demand for Cardano and Ethereum instead of BTC after the sudden drop in Bitcoin prices on Tuesday. Polkadot, Solana, and Ripple are next on the list of cryptos with an increase in demand.
According to this interesting phenomenon revealed by Coinshares data, investors have a new interest in altcoins such as Cardano and Ethereum. He notes that inflows to Cardano have increased significantly this week, almost equaling Ethereum inflows, bringing the year-to-date total to $108 million.
Solana (SOL), one of the largest cryptocurrencies with a market value of approximately $ 73 billion, continues to attract interest from institutional investors, while Ripple has seen approximately $ 3.1 million in fund inflows.
In addition, the popular cryptocurrency Polkadot (DOT) received an investment of approximately $ 5.2 million. According to analysts, Polkadot can rise at any time and this rise can reach the DOT target of $ 100. DOT token is also; Popular among crypto investors for staking, bonding, and governance.

Real Vision founder Raoul Pal said in a post that Ethereum deserves higher praise and believes it will quadruple.
Although Ethereum has been on the decline lately, according to Raoul Pal, Ethereum will reach an all-time high.
In his previous post, Raoul Pal predicted that Ethereum would reach $20,000 by March 2022. 70% of Real Vision's founder's portfolio is currently on Ethereum.

Twitter CEO Dorsey is among the world's leading crypto advocates. One of the questions that come to mind is how does Jack Dorsey not invest in crypto even though he is such a BTC supporter? The answer lies in the company's CFO, Ned Segal.
The fact that crypto-assets are not offered under certain financial rules, but also cannot be surrounded by certain frameworks, complicates things for CFOs. According to Twitter Chief Financial Officer Ned Segal, the volatility in crypto assets is quite high. That's why Segal said in an interview on Nov. 15 that he thinks it "doesn't make sense right now" to invest some of Twitter's corporate finances in crypto assets like bitcoin. According to the CFO, there are no plans to buy any BTC shortly.
Segal added that the company prefers to keep less volatile assets such as securities on its balance sheet;
“We must change our investment policy and choose to have more volatile assets.”
According to Segal, Bitcoin makes no sense to Twitter, but the possibilities it can offer individual users are exciting.
Segal, who is optimistic about NFTs, said the following about NFT:
“Over time you will see more trading opportunities, but the investment need not be a physical asset. Trading can mean helping someone trade where they subscribe to a new service, it could be buying an NFT. It doesn't have to be physical."

An explanation for Bitcoin came from the famous economist Mohamed El-Erian.
As it is known, economist Mohamed El-Erian said that he bought and sold Bitcoin in the past years. After the rise in Bitcoin after he sold it, the economist said he was considering re-entering Bitcoin.
According to economist Mohamed El-Erian, he said that Bitcoin could come as a global payment.

Hisse	Pay Başı	Tarih
EYLÜL AYI TEMETTÜ TARİHLERİ		06/09/2023

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