Ahead of the upcoming US presidential election, Ripple co-founder Chris Larsen has pledged $10 million in crypto assets to the campaign of US Vice President Kamala Harris. Larsen stated that he believes Democrats need to update their approach to technology, especially the crypto world. While Ripple officials confirmed that the donation was Larsen's personal initiative, it was stated that the donation was made through a Democratic political action committee.

Larsen, who made a similar donation in August, emphasized that this time the contribution was outside the previous amount. While this move in support of Harris brought the impact of the US elections on the technology and crypto sector back to the agenda, Larsen's statements supporting his technology vision attracted attention.

New Move from Ripple Founder: 10 Million Dollar XRP Donation!

large_haber-bitexen2.jpeg

medium_haber-bitexen2.jpeg

small_haber-bitexen2.jpeg

thumbnail_haber-bitexen2.jpeg

haber-bitexen2.jpeg

Ahead of the upcoming US presidential election, Ripple co-founder Chris Larsen has pledged $10 million in crypto assets to the campaign of US Vice President Kamala Harris.

large_haber-bitexen.jpeg

medium_haber-bitexen.jpeg

small_haber-bitexen.jpeg

thumbnail_haber-bitexen.jpeg

haber-bitexen.jpeg

ApeCoin (APE) is an ERC-20 token linked to the Bored Ape Yacht Club (BAYC) project, which is making waves in the NFT world, and runs on the Ethereum blockchain. Used as the governance token of the BAYC ecosystem, APE gives community members a vote in project decision-making and access to various services. APE offers benefits such as participation in BAYC events, access to exclusive content and prioritization of new projects. In addition, BAYC and APE have become a cultural phenomenon, attracting the attention of celebrities and gaining widespread popularity in the crypto world.

APE is among the day's decliners, down 1.89% in the last 24 hours and at the time of writing. From ApeCoin's official wallet, 8.289 million APE, worth about $12 million, was transferred to Wintermute OTC, creating movement in the market. The surge in ApeCoin's price was supported by the launch of ApeChain, a new creator-focused blockchain network. Although APE price appreciated after the launch, APE price may have declined following recent developments. 

Why Did ApeCoin (APE) Price Drop? - 22.10.2024

large_neden-dustu-banner.png

medium_neden-dustu-banner.png

small_neden-dustu-banner.png

thumbnail_neden-dustu-banner.png

neden-dustu-banner.png

APE is among the day's decliners, down 1.89% in the last 24 hours and at the time of writing. 

large_neden-dustu-thumbnail.png

medium_neden-dustu-thumbnail.png

small_neden-dustu-thumbnail.png

thumbnail_neden-dustu-thumbnail.png

neden-dustu-thumbnail.png

Uniswap is one of the leading protocols in the decentralized finance (DeFi) space, running on the Ethereum blockchain. It allows users to exchange cryptocurrencies peer-to-peer without the need for intermediaries, making transactions faster and more cost-effective. Uniswap's native token, UNI, acts as the protocol's governance token and gives holders the right to vote in the decision-making process regarding the future of the protocol, so users can have a say in its development.

UNI, which has risen 6.44% in the last 24 hours and at the time of writing, is among the day's risers. A major crypto exchange based in South Korea announced that it has listed the altcoin Uniswap (UNI). While it was stated that UNI can only be deposited via the Ethereum network, it was announced that it can be traded in Tether (USDT) and South Korean Won (KRW) pairs. After the announcement, the UNI price may have risen. 

Why Did Uniswap (UNI) Price Rise? - 22.10.2024

large_neden-yukseldi-banner.png

medium_neden-yukseldi-banner.png

small_neden-yukseldi-banner.png

thumbnail_neden-yukseldi-banner.png

neden-yukseldi-banner.png

UNI, which has risen 6.44% in the last 24 hours and at the time of writing, is among the day's risers

large_neden-yukseldi-thumbnail.png

medium_neden-yukseldi-thumbnail.png

small_neden-yukseldi-thumbnail.png

thumbnail_neden-yukseldi-thumbnail.png

neden-yukseldi-thumbnail.png

Bitcoin and other cryptocurrencies lost value after the US stock markets opened with a decline. Bitcoin, which exceeded the level of 69 thousand dollars during the day yesterday, fell below 67 thousand dollars.

A well-known UK-based financial services company is examining methods of digitally tokenizing its funds using blockchain technology.

At the time of writing, Bitcoin (BTC) is trading at $67,551 and Ethereum (ETH) is trading at $2,645.

The fear and greed index is neutral at “57”.

**Important developments for the day:**

Decentraland (MANA): Decentraland updates will take place.

General Crypto Event: “Blockchain Life 2024” event will take place

Morning Bulletin - 22.10.2024

large_grafik-v4-banner.png

medium_grafik-v4-banner.png

small_grafik-v4-banner.png

thumbnail_grafik-v4-banner.png

grafik-v4-banner.png

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!


large_grafik-v4-thumbnail (2).png

medium_grafik-v4-thumbnail (2).png

small_grafik-v4-thumbnail (2).png

thumbnail_grafik-v4-thumbnail (2).png

grafik-v4-thumbnail (2).png

Russia is partnering with a major crypto mining company to build new data centers in BRICS countries. The project, backed by Russia's sovereign wealth fund, was announced at the BRICS Business Forum in Moscow on October 18. In addition to data centers, the partnership will focus on artificial intelligence projects and aim to increase Russia's share of global computing power. While Russia aims to create new opportunities in energy-intensive data centers, they will work on potential collaborations in BRICS countries.

While Russia's interest in the crypto sector has recently increased, the country attaches importance to growth based on crypto mining and computing power. While the company, which already operates many data centers in the country, plans to expand by focusing on BRICS markets, Russia aims to contribute to this process with artificial intelligence-supported projects. In addition, Russia's energy sector is also preparing to increase its capacity in this field by taking steps towards crypto mining.

Crypto Attack from Russia: New Data Centers are Established with State Support

Russia is partnering with a major crypto mining company to build new data centers in BRICS countries.

Vitalik Buterin, one of the founders of Ethereum, drew attention to the risks of centralization in the proof-of-stake (PoS) system in his latest article and offered several solutions to mitigate these risks. These proposals, which are evaluated within the scope of the planned “Scourge” update, focus on centralization problems caused by economic pressures in the staking process. In particular, Buterin stated that the difficulties in block construction and staking capitalization pose a major threat to the security of the network. Noting that 88% of blocks are created by only two actors, Buterin said that this problem can be solved by using encrypted mempools and methods such as the multi-proposer model.

Drawing attention to the risks that may arise with the concentration of staking capital, Buterin said that Ethereum's current 30% staking rate is safe, but it could be dangerous if this rate approaches 100%. Against possible risks, he suggested a two-tier staking system and a limit on the amount users can stake. He also offered solutions such as airdrop rewards that incentivize solo staking and app designs that reduce MEV. Buterin emphasized the importance of application-level innovations, noting that Ethereum is not just a blockchain, but a vast ecosystem.

Vitalik Buterin Issued a Critical Warning for Ethereum and Suggested Solutions! 

Vitalik Buterin, one of the founders of Ethereum, drew attention to the risks of centralization in the proof-of-stake (PoS) system in his latest article and offered several solutions to mitigate these risks.

A report by the European Central Bank (ECB) claimed that Bitcoin failed to fulfill its initial promises and damaged the economic structure of society. ECB economists noted that Bitcoin's soaring prices have only benefited early investors, while late investors and non-Bitcoin holders have suffered huge economic losses. The report emphasized that Bitcoin has failed in its goal of becoming a global payment system and is perceived as an investment tool that gains more value, suggesting that this could create injustice in the distribution of wealth and cause social imbalance. In the economists' view, Bitcoin's wealth transfers are funded by sacrifices made from the wealth of non-Bitcoin holders, not actually from economic growth.

The crypto community has not been unresponsive to these criticisms. In a statement, analyst Tuur Demeester described the report as “one of the harshest attacks on Bitcoin” and stated that ECB economists are taking an aggressive stance, seeing Bitcoin as an existential threat. Reactions from crypto investors saw the ECB's report as a defense against Bitcoin's potential to challenge the financial system.

Bitcoin Criticism from the European Central Bank: Disrupting the Economic Balance of Society!

A report by the European Central Bank (ECB) claimed that Bitcoin failed to fulfill its initial promises and damaged the economic structure of society. 

ApeCoin (APE) is an ERC-20 token linked to the Bored Ape Yacht Club (BAYC) project, which is making waves in the NFT world, and runs on the Ethereum blockchain. Used as the governance token of the BAYC ecosystem, APE gives community members a vote in project decision-making and access to various services. APE offers benefits such as participation in BAYC events, access to exclusive content, and prioritization of new projects. In addition, BAYC and APE have become a cultural phenomenon, attracting the attention of celebrities and gaining widespread popularity in the crypto world.

APE, up 18.28% in the last 24 hours and at the time of writing, is among the day's risers. Taking advantage of the price of ApeCoin (APE), which has risen 107% in the last two days with the launch of ApeChain, a major investor took 7.76 million APE (about $11.98 million) out of staking and transferred it to a leading exchange. The move occurred immediately after the price spike and caused volatility in the ApeCoin market. The investor continues to hold 5.94 million APE (about $9.05 million) in staking, but is estimated to have lost about $4 million in total. The launch of ApeChain may have caused the APE price to rise.


Why Did ApeCoin (APE) Price Rise? - 21.10.2024

APE, up 18.28% in the last 24 hours and at the time of writing, is among the day's risers.

Weekly Event Calendar October 21 - October 25

Monday, October 21, 2024:

Worldcoin (WLD): World Chain will be launched.

dYdX (DYDX): “dYdX Day Dubai” event will take place.

Flare (FLR): SIP.04 voting will begin.

Tuesday, October 22, 2024:

Decentraland (MANA): Decentraland updates will take place.

General Crypto Event: “Blockchain Life 2024” event will take place.

Wednesday, October 23, 2024: 

Render (RENDER): The transition from RNDR to RENDER will be completed.

Ethena (ENA): The unlocking of 12.86 million tokens, corresponding to 0.47% of the amount of tokens in circulation, will take place.

Thursday, October 24, 2024:

General Market Activity: US unemployment benefit claims data will be released.

General Market Activity : US services purchasing managers' index data will be released.

Friday, October 25, 2024:

Weekly Event Calendar - 21.10.2024

Developments that will take place during the week and that may affect the market are included in the weekly event calendar.


Singapore's leading bank DBS announced the launch of a new service called “Token Services” for blockchain-based financial transactions.

The US Securities and Exchange Commission (SEC) approved the New York Stock Exchange's (NYSE) application for options transactions based on spot Bitcoin ETFs.

The US Securities and Exchange Commission (SEC) approved CBOE's options trading on spot Bitcoin ETF.

At the time of writing, Bitcoin (BTC) is trading at $68,921 and Ethereum (ETH) is trading at $2,734.

The fear and greed index is at the greed level with “63”.

**Important developments for the day:**

Worldcoin (WLD): World Chain will be implemented.

dYdX (DYDX): “dYdX Day Dubai” event will take place.

Flare (FLR): SIP.04 voting will begin.

Morning Bulletin - 21.10.2024

In a new report published by cryptocurrency investment firm ARK Invest, it was emphasized that Ethereum's staking returns have started to play an important role in the crypto economy. The report stated that with the increasing use of staked Ethereum (stETH), these returns have become an indicator like the US Federal Reserve's interest rate in the crypto ecosystem. Staked Ethereum is a general indicator of the on-chain economy, while its role in DeFi protocols is growing day by day. Today, staked Ethereum is used as collateral on major platforms such as Aave, MakerDAO and Spark, reinforcing its importance in the crypto world.

The report also emphasized that staked Ethereum is a more advantageous option compared to government bonds. Although governments run the risk of defaulting on their debts, there is no such risk in the Ethereum network. However, a risk factor called “slashing” was pointed out in staking Ethereum, which means that tokens can be destroyed as a result of incorrect transactions of validators. Nevertheless, Ethereum staking returns have become an important reference for on-chain economic cycles, and other projects are trying to attract investors with higher returns.

Ethereum is on its way to becoming the benchmark in the crypto world: Staking Returns on the Rise

In a new report published by cryptocurrency investment firm ARK Invest, it was emphasized that Ethereum's staking returns have started to play an important role in the crypto economy. 

Worldcoin is a global identity and financial network project that aims to provide equal financial access to everyone. It enables users to have a secure and verifiable identity thanks to unique digital identities created using biometric data, in particular iris scans. The project's native token, WLD, is used for transactions on the network and grants its holders management rights. Worldcoin, co-founded by OpenAI CEO Sam Altman, is built on an authentication system that prioritizes privacy while strengthening its connection with artificial intelligence technologies.

WLD, down 1.30% in the last 24 hours and at the time of writing, is among the day's decliners. Worldcoin, the project founded by OpenAI CEO Sam Altman, announced its plan to expand its iris scanning target by changing its name to World Network. It was stated that the project enables people to be distinguished from artificial intelligence bots with its digital identity service called World ID. The newly introduced “orb” device is said to include 5G support and advanced security features. The project plans to collaborate with Rappi to reach a wider audience in Latin America. World Network also launched World Chain, an Ethereum-based layer-2 blockchain. This network will be accessible to 15 million users who authenticate with an iris scan and will offer users benefits such as free gas fees. However, despite these innovations, the WLD price may have declined. 

Why Did Worldcoin (WLD) Price Drop? - 18.10.2024

WLD, down 1.30% in the last 24 hours and at the time of writing, is among the day's decliners.