Morning Bulletin - 16.04.2024

Click to read our Morning Bulletin, which summarizes the latest situation of the markets at the start of the day and includes all the developments that will take place during the day!

Why Did PonteGold (GOLDP) Price Drop? - 15.04.2024

The GOLDp price was on the rise during the Iran-Israel tensions over the weekend. The tension in the Middle East caused a significant drop in the price of risky assets. With this decline, investors turned to investment instruments that they characterized as safe havens. One of these was gold. The price of the gold-based GOLDP had also risen for this reason. However, after the situation calmed down, there were outflows from investment instruments such as gold due to the re-entry of money into risky investment instruments. The GOLDP price may have fallen for this reason.

Germany's Largest State Bank to Provide Crypto Custody Services

Landesbank Baden-Württemberg (LBBW), Germany's largest state-backed real estate bank, is entering the cryptocurrency sector.

Hong Kong Approves Spot Bitcoin and Ethereum ETFs

Hong Kong has approved spot Bitcoin and Ethereum exchange-traded fund (ETF) applications by various companies. China Asset Management, a China-based asset management firm, announced that its Hong Kong branch has received the necessary approvals from the Securities and Futures Commission to establish cryptocurrency-based ETFs. The company will collaborate with OSL and BOCI International to establish spot Bitcoin and Ethereum ETFs.

Morning Bulletin - 15 April 2024

At the start of the day, you can read our Morning Bulletin, which summarizes the latest situation in the markets and includes all the developments to be experienced during the day.

Why Did Ontology (ONT) Price Rise? - 12.04.2024

Over the last 24-hour period, the ONT price has risen 22% to price at 0.45 cents. This move comes on the heels of ONT's accumulation for some time.

Spot ETF Rumors Strengthen in Hong Kong

Hong Kong is set to take a significant step forward in the cryptocurrency market with potential approvals for exchange-traded funds (ETFs) tied to major cryptocurrencies such as Bitcoin and Ethereum.

Millions of Tests Conducted by HCBC Point to Cryptocurrencies

HSBC, one of the world's largest banking and financial services organizations, recently stated in a statement that cryptocurrencies should occupy between 1-5% of a balanced investment portfolio.

Why Did GAS Price Rise?- 18.01.2024

GAS, which has risen by 18% in the last 24 hours and traded at 215 liras, has attracted attention from the community with the rise in a short time. Many analysts interpret the price movement as a reaction after the price fell to support levels. It is estimated that this rise is accelerated by the positive developments in different projects in China, so the price has reached these points. It is thought that all these events may have affected the GAS price.

Why Did ApeCoin (APE) Drop? 18.01.2024

APE is trading at approximately 44.37 TL, down 12.34% in the last 24 hours. APE, which rose yesterday upon the company's announcement of a new BAYC-themed game, saw a serious decline in price again after the token launch, which corresponds to 4% of the supply today. It is thought that the price may have retreated with the effect of the rise and token opening with the game announcement.

Why Did SKALE Network (SKL) Drop? - 23.11.2023

SKL is trading at 1,484 liras, down 17% in the last 24 hours.

TCMB Announced the Interest Rate! How Did the Dollar React?

With a surprise announcement by the Central Bank of the Republic of Turkey (CBRT), the policy rate was raised to 40%. With this news, the dollar exchange rate dropped significantly.