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President Recep Tayyip Erdoğan of Turkey has named Professor Fatma Ozkul, a highly knowledgeable individual in the field of crypto assets and blockchain technology, to the committee responsible for determining the interest rate at the central bank.
According to a story that was published by Bloomberg not too long ago, the nomination of Ozkul was declared in a decree on the 22nd of December.
Since the year 2012, Ozkul has been working as a lecturer at Marmara University in Istanbul, where he mostly teaches accounting, finance, and auditing principles.
Her knowledge encompasses blockchain technology as well as digital assets, and according to her university profile, she even wrote a book on crypto asset accounting in 2022. Her experience extends to both of these areas.
It is now official that Ozkul has been appointed to the Monetary Policy Committee of Turkey's central bank. The major job of this committee is to determine the benchmark interest rate in order to maintain inflation control.
As a reaction to Turkey's inflation rate exceeding 61.98% in November, the committee decided to raise the country's interest rate by 2.5 percentage points, bringing it up to 42.5%. This decision was made on December 21.
Following his victory in the general election held in Turkey in May, Erdoğan announced the formation of a new economic team, which included the appointment of Hafize Gaye Erkan, a former banker at Goldman Sachs, to the position of governor of the central bank.
It was in the year 2022 that the central bank of Turkey successfully carried out the first test of its very own digital currency, which was called the Digital Turkish Lira.
Turkish Cryptocurrency Adoption Is Exploding
A survey by Chainalysis, a company that specializes in blockchain analytics, found that Turkey has experienced a boom in the adoption of cryptocurrencies, and the nation currently ranks fourth globally in terms of the raw number of cryptocurrency transactions.
According to the analysis, Turkey saw nearly $170 billion in cryptocurrency activity between July 2022 and June 2023. This places Turkey closely behind the United States of America, India, and the United Kingdom in terms of cryptocurrency activity.
To add insult to injury, a poll that was carried out earlier this year revealed that Turkish people are increasingly resorting to cryptocurrency investments as the country continues to suffer from rising prices.
As shown by the poll, more than fifty percent of the Turkish population is now engaged in the cryptocurrency market.
The number of crypto investors in the nation has increased by 12% over the previous 18 months, with data climbing from 40% in November 2021 to an astonishing 52% by May 2023. This marks a significant increase in the number of crypto investors in the country.
Especially in light of the enormous devaluation of the Turkish lira by more than fifty percent in comparison to the United States dollar, the findings demonstrated a growing interest in and acceptance of cryptocurrencies as a means of protecting citizens against inflation.
There has been a significant shift in the demographics of crypto investors among Turkish adults over the course of the previous year and a half, according to the poll, which also showed this fact.
Women's involvement rates, particularly among younger generations, are showing an increasing trend, despite the fact that males continue to dominate the market with a share of 57%.
To be more specific, over half (47%) of cryptocurrency investors between the ages of 18 and 30 are female, which suggests that the gender gap is shrinking as the use of cryptocurrency grows more prevalent.
As a result of the rise in the number of cryptocurrency transactions, the Turkish government is apparently contemplating the implementation of regulatory measures for the cryptocurrency market in the nation.
#BTC #ETH #koinmilyoner $BTC $BNB

Subject to court approval, CZ may potentially reside in the United States for a duration of nearly three months, since his sentence is scheduled to take place in February 2024.
One contributing factor to the court's approval of his release was a poignant statement. CZ stated before the court that he had no prior experience with court proceedings, further expressing his apprehension while expressing a desire to amicably address the matter at hand. Furthermore, he expressed that he had not utilized the privileges associated with his citizenship in the United Arab Emirates, a country that lacks extradition rules. The judge expressed appreciation for his demeanor, recognizing that he had no legal responsibility to travel to the United States, yet chose to do so.

#cz_binance #koinmilyoner #CZBinance

When compared to the United States Dollar, Dogecoin is exhibiting bullish indicators above the resistance level of $0.0750. If it is able to break over the $0.0812 resistance zone, DOGE might surge by more than 10%.
A respectable advance in the value of DOGE began over the resistance level of $0.0750 in relation to the US dollar.
The current price is trading higher than the $0.0785 level as well as the 100 simple moving average for the four-hour time frame.
On the four-hour chart of the DOGE/USD pair, there is a significant bullish trend line forming with support at $0.0792 .
If the price is able to break over the $0.0812 resistance level, it may initiate a powerful rally like to the one that occurred in Solana.
Price of Dogecoin Prepares for a New Rally
Following the formation of a base situated above the $0.070 level, the price of Dogecoin began a further ascent. In the same way as Bitcoin and Ethereum did, DOGE moved into a bullish zone after breaking over the $0.0725 resistance zone.
In order to push the price even farther over the resistance level of $0.0750, the bulls were successful. In the negative movement that occurred from the swing high of $0.0875 to the low of $0.0707, there was a definite move that occurred over the 50% Fibonacci retracement level. On the other hand, it appears that the price is having difficulty at the $0.0812 resistance level.
Over the past four hours, the price of DOGE has risen beyond the $0.0785 threshold as well as the 100 simple moving average. There is also a significant bullish trend line that is emerging on the 4-hour chart of the DOGE/USD pair, and it is providing support close to $0.0792.
The price is encountering resistance on the upward close to the level of $0.0812 at the moment. There is a near proximity to the 61.8% Fibonacci retracement level of the negative movement that occurred from the swing high of $0.0875 to the low of $0.0707. The subsequent significant obstacle is located close to the $0.0835 level.
There is a possibility that the price may move closer to the $0.088 barrier if it closes above the $0.0835 resistance. The next significant obstacle is located close to $0.0920. The price may get closer to the $0.095 mark if it had any further advances.
Do you have support for dips in DOGE?
It is possible that a downward correction will begin if the price of DOGE is unable to maintain its momentum above the $0.0812 level. The level of $0.0792 and the trend line are both places where first support on the downside might be found.
The next significant support is located close to the level of $0.0770. In the event that the price breaks below the $0.0770 support level, there is a possibility that it will continue to fall. Given the circumstances, it is possible that the price will go again down to the $0.0710 level.
The MACD for the DOGE/USD pair is now gaining momentum in the bullish zone, as seen by the four-hour MACD.
The Relative Strength Index (RSI) for the DOGE/USD pair is now trading at a level that is higher above the 50 level.
Principal levels of support are $0.0792, $0.0770, and $0.0710 respectively.
The major levels of resistance are $0.0812, $0.0835, and $0.0880 respectively.
#Doge🦊 #DogecoinUpdate #koinmilyoner

As a result of a rise in demand, the price of Sei tokens saw a significant spike in the year 2024. The price of the cryptocurrency set a new all-time high of $0.80, which is more than 700% higher than its low point in 2023. Its current market worth is greater than $1.7 billion. At the moment, it is one of the most widely used cryptocurrencies all over the world.,

When the cryptocurrency was first introduced to the futures market in August of the same year, the amount of open interest in the coin surpassed 160 million dollars. After announcing its ambition to become carbon neutral, the platform was able to accomplish this huge accomplishment.
During the last day, the price of the Sei has increased by twenty percent, reaching a current level of $0.76 at the time of this writing. According to statistics provided by Coingecko, this occurs as a result of the token seeing a weekly increase of 80%.
Sei is a significant blockchain network that was introduced when it was launched through the Binance Launchpool program a few months ago. The coin in the Binance Launchpool that currently holds the title of biggest by market capitalization is this one. There are a number of additional individuals that are involved in the ecosystem, including Pendle, Klaytn, Beam, and Sui.
Although it is still a new ecosystem in contrast to its more established equivalents, the core DeFi apps of the Sei network, such as Astroport, Levana Perps, Fuzio, and White Whale Dex, are driving the network's continuous development. This is despite the fact that the Sei network is becoming increasingly popular.
Hits of $5 Million for SEI TVL

It is estimated that the total locked value of these decentralized applications is around $6.39 million, which results in a very high ratio of 266 between the DeFi TVL and the market cap. Considering that Ethereum is now trading at 9.6, Tron is trading at 1.3, and BNB is trading at 13.77, these ratios are insignificant in compared to Sei's, which highlights the platform's potential for even higher development and value capture in the market for decentralized finance.
The price of the Sei cryptocurrency throughout time is depicted in the chart that can be found below. Since the beginning of the year 2024, the price has been slowly climbing, and it is presently trading at around $0.76.
The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are both in the green zone, which indicates that there is ongoing buying pressure on Sei and that the price is expected to continue to increase in the short term. Both of these indicators are in the green zone.
Indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are both in the green zone, which indicates that there is ongoing buying pressure on Sei and that the price is likely to continue to increase in the short term.
In spite of this, the Relative Strength Index (RSI) is now located in the overbought range, which indicates that a price correction may be imminent in the near future.
In general, the chart conveys the message that Sei is a bullish cryptocurrency that possesses a great deal of potential. On the other hand, it is essential to keep in mind that the cryptocurrency market is quite unpredictable, and the price of Sei may undergo sudden and unexpected shifts.
#Sei #crypto2024 #koinmilyoner $SEI

The price of bitcoin entered a period of significant growth over the $42,000 zone. The Bitcoin (BTC) market is now consolidating gains and may continue to climb toward the $45,000 zone.
The value of bitcoin increased from $42,200 to $43,200 throughout the course of the day.
Price is currently trading at a level that is higher than $43,000 and the 100 hourly simple moving average.
The hourly chart of the Bitcoin to US Dollar pair (data feed from Kraken) shows the formation of two positive trend lines with support between $43,900 and $42,000.
It appears that the pair is getting ready to make a new rise that will take it over the $44,000 barrier.
Price of Bitcoin Continues to Be Supported
A significant gain in the price of bitcoin began as it broke over the $42,000 barrier zone. Bitcoin (BTC) had a rise and crossed the $43,200 resistance zone. Prior to the price beginning a little decline, a new multi-month high was established close to $44,465 before the price began to decline.
A decline occurred below the $44,000 level of the market. The price tried to break over the 23.6% Fibonacci retracement level of the upward advance that occurred from the swing low of $39,475 to the high of $44,465. Nevertheless, the bulls continued to be aggressive above the support zone located at $43,200.
Additionally, the price of bitcoin is trading higher above $43,500 and the 100 hourly simple moving average. In addition, on the hourly chart of the Bitcoin to US Dollar pair, there are two positive trend lines that are emerging with support between $43,900 and $42,000 simultaneously. The second trend line is located in close proximity to the 61.8% Fibonacci retracement level of the upward movement that occurred from the swing low of $39,475 to the high of $44,465.
In the direction of the upward, the level of $44,250 represents immediate resistance. It is possible that the price may rise toward the $45,000 level if it is able to overcome the first significant barrier that is building at $44,450 today.
A price that closes over the $45,000 resistance level has the potential to propel the price farther higher. The next significant barrier might be located close to $46,200; if it is overcome, Bitcoin could continue to climb toward the $47,500 mark.
A Brief Drop in Bitcoin Prices?
There is a possibility that Bitcoin would begin a downward correction if it is unable to break through the $44,250 barrier zone. Immediately available support on the downside may be found close to the level of $43,900 and the trend line.
The next significant support is located close to $42,550, and if the price falls below that level, it may challenge the second trend line. If there is a move below $42,000, there is a possibility that there may be more losses. In the scenario that has been presented, the price can fall in the near future approaching the support level of $41,200.
Indices of technical nature:
The MACD is currently gaining momentum in the bullish zone, as seen by the hourly MACD.
Relational Strength Index (RSI) on an hourly basis – The relative strength index (RSI) for Bitcoin to US Dollars is now higher than the 50 mark.
Significant Support Levels: $43,900, followed by $42,000 as the next level.
Significant levels of resistance are $44,250, $44,450, and $45,000 respectively.
#BTC #BinanceTournament #koinmilyoner

After a failure from the $2.727 resistance level, the price of Worldcoin decreased by 10%; nonetheless, it continues to be broadly positive and is moving in an upward trend.
If the $2.314 midline of the bullish technical pattern continues to serve as support, WLD might experience a 23% increase to $3,000 in price.
An optimistic outlook is being expressed as a result of the Worldcoin ecosystem's commitment to the resilience, pervasive nature, and impartial nature that are hallmarks of the internet.
In the event that a decisive candlestick closure occurs below the $2.154 support level, the bullish thesis will thus be rendered incorrect.
Worldcoin (WLD) price is now trading with a positive bias, despite the fact that it shown some weakness during the trading session that took place on December 11. The artificial intelligence cryptocurrency coin is currently at a crossroads, and the next move will be determined by how the bulls play their hand from this point forward.
Worldcoin is comparable to the internet in terms of its robustness, widespreadness, and neutrality.
During a post on crypto X, Worldcoin brought attention to the fact that the ecosystem "must ultimately be as robust, widespread, and neutral as the internet itself." Following a year that was fraught with difficulties for the network, which included dealing with authorities from a variety of places, the statement makes its appearance.
In the most recent instance, the overflows that resulted from the OpenAI leadership story were a positive sign for Worldcoin. These overflows inspired some buying enthusiasm, as the WLD community sided behind Sam Altman, the face of the firm.
The forecast for the price of Worldcoin as investors of WLD continue to defend their optimistic stance
After experiencing a drop of ten percent, the price of Worldcoin has maintained its position and is consolidating inside a rising parallel channel. It is anticipated that the value will improve as long as the price action continues to develop within the constraints of this positive technical pattern.

In the event that there is an increase in purchasing pressure above the present levels, the price of Worldcoin may move upward, with the possibility of breaking through the $2.727 resistance level with the failure of one attempt. It is possible that this would pave the way for an extension to the psychological level of $3,000, which would constitute a 25% ascend over the levels that are now in place.
In spite of the fact that the Relative Strength Index (RSI) has been moving in a downward direction, the fact that it is currently located above the 50 level is sufficient evidence. This is supported by the Awesome Oscillator (AO)'s presence in the positive region.
At the other end of the spectrum, increased seller momentum has the ability to drop the price of Worldcoin below the midline of the ascending channel, which may potentially turn the $2.314 support floor into resistance. In the worst-case scenario, the value of the WLD market might fall to the point where it tests the $2.154 support level. If the market were to break and close below this level, it would most likely invalidate the growing optimistic view.
#WLD #Worldcoin #koinmilyoner

Some experts are aiming for the $100,000 threshold as they speculate about Bitcoin price forecast, which is intensifying as the 'halving' event of Bitcoin draws near in less than two weeks.

At the moment, Bitcoin (BTC) has moved up to $69,395—a little increase.

The mining incentive will be reduced in half during this critical event, which has the potential to cause large market moves and spark discussions about how Bitcoin's value may be affected.

Implications and Anticipations of the 2024 Bitcoin Halving as the Countdown Commences
The reward for mining new blocks will be cut in half, limiting miner revenue for transaction verification, when Bitcoin halving happens in April 2024. Until there are 21 million bitcoins in circulation, this decrease will occur every 210,000 blocks, which is around four years.

For traders, the halving of the fresh bitcoin supply is critical since it has the ability to increase prices, given consistent demand. The reward will drop from 6.25 to 3.125 bitcoins due to the impending halving at block 740,000.

Despite bitcoin's current stability, Steno Research analysts predict a potential "buy the rumor, sell the news" scenario around this halving, echoing previous occurrences.

The trends seen in the 2016 halving are expected to repeat, with prices going up before the halved and maybe going down afterwards.

Given the growing interest and investment in Bitcoin by institutions, the market's reaction to the halving will be best understood in the coming weeks.

The Case of Coinbase's Legal Victory Over Regulations of Crypto Transactions
Ruling that Coinbase's secondary cryptocurrency sales do not violate the Securities Exchange Act, the U.S. Court of Appeals for the Second Circuit sided with the prominent cryptocurrency exchange, Coinbase, in a landmark legal decision.

Traders' interests from October 2019 through March 2022 were represented in the lawsuit, which questioned the status of Coinbase's cryptocurrency transactions as securities. Despite acknowledging possible problems under the Securities Act, the court rejected these arguments owing to a lack of proof.

This decision solidifies Coinbase's position on cryptocurrency sales and has the ability to inspire trust among investors, which might lead to an uptick in Bitcoin trading and prices.

Legal victory for Coinbase upholds its transaction policies
Has the potential to increase Bitcoin trading volume and investor trust
Ethereum, the Best Cryptocurrency to Invest Under $1,000 In the Face of a Throng
In the booming cryptocurrency industry, Ethereum (ETH) is a standout investment option. Ethereum controls more than 60% of the market value in the decentralized finance (DeFi) sector, even if it is 20% below its high.

New features and lower Layer 2 transaction costs in Denchun's most recent upgrade solidify its central position in DeFi.

Ethereum wasn't recommended by the Motley Fool, but investors are drawn to it because of its DeFi dominance and continuous developments. This might lead to a favorable impact on Bitcoin prices as it helps build confidence in the crypto industry.

Ethereum has a commanding market dominance in the DeFi space.
Changes made recently improve features and pique the interest of investors.
Market Optimism Fueled by Genesis' $2.1 Billion Bitcoin Acquisition
Genesis sold 36 million GBTC shares and bought $2.1 billion worth of Bitcoin as a strategic move.

The purpose of this $65,685 per Bitcoin transaction is to pay off debts and increase the value of its Bitcoin holdings, which are now at $2.18 billion.

Genesis has just filed for Chapter 11 bankruptcy, but the market doesn't seem to care about its massive Bitcoin investment. Coinbase thinks the money will stay in the crypto ecosystem, which might increase the demand for and price of Bitcoin.

With a gain of almost 0.75 percent, Bitcoin's (BTC) price has risen to $69,395. With $69,927, $71,711, and $73,765 serving as resistance, the pivot point is at $68,572.

With a decline to $65,076 and $63,114, support is found around $66,788.

Both the 50-day Exponential Moving Average (EMA) at $67,984 and the Relative Strength Index (RSI) at 61 point to a positive attitude.

Above $68,572, the general trend for Bitcoin seems favorable, but a major decline in price can occur if prices drop below this support level.

#BullorBear #BTC #Halving #koinmilyoner $BTC

A crypto expert, who chooses to remain pseudonymous, has utilized the platform X (formerly known as Twitter) to present an optimistic outlook about the future trajectory of the XRP price. The cryptocurrency researcher observes a significant surge that has the potential to propel the altcoin's value above its previous record peak, perhaps reaching a price as high as $470.
The #XRPUpdate price breakout and its three targets
The study published on X provides a comprehensive rationale for CryptoBull's optimistic outlook on the XRP price. The analyst use triangular patterns as a means of identifying potential market tops and subsequent bottoms, preceding significant price surges.
The analysis presents a chart that delineates three instances of completed triangles observed throughout the token's existence, along with the subsequent bull rallies that ensued. Every individual observed a minimum increase of 600%, with the maximum surpassing 75,000%. Nevertheless, the fourth one, which appears to be approaching its last stages, has the utmost significance.
Based on the historical performance observed at the conclusion of each triangular formation, the analyst has proposed three significant price objectives that may manifest with the completion of the current triangle formation. The first price goal is set at $4.20, representing a potential increase of 600% in value. Next, the second target is positioned at a value of $7.20. This proposed action would result in a significant surge of 1,000%, mirroring the previous upward trend observed with the completion of the last triangle formation.
The final price goal, derived on the 75,000% gain observed after the second completion of the triangle formation, stands at $470. The expert concluded by stating that $XRP has consistently had significant price surges at the conclusion of each triangular pattern, and the current fourth triangle is nearing its completion. What is your stance on the matter under consideration?
Analist estimates align closely with those of Wells Fargo Manager Shannon Thorp, who has projected the XRP price to reach $500. In contrast to Analist utilization of technical research for price prediction, Thorp bases his argument for the potential surge in Ripple's token price on its significant position in the cross-border payments industry.
According to Thorp's analysis, it is projected that the total value of cross-border payments conducted in 2027 would reach $250 trillion. Furthermore, as Ripple gains a greater portion of the market share, it is anticipated that the worth of XRP will correspondingly increase.
#ripple #koinmilyoner

There has been a notable upswing in Bitcoin (BTC) and the cryptocurrency market, with the former reaching a new yearly high and the latter topping $1.45 trillion. This should bode well for more gains in the month of November's closing days.
With its recent price increase over $38,400, Bitcoin (BTC), the market's biggest cryptocurrency, has reached a significant milestone.
BlackRock Bitcoin Spot ETF is expected to be approved within the next 45 days, and there is concern that BlackRock may impact Bitcoin's price by exerting substantial purchasing pressure on Coinbase.
CoinGecko reports that the total market capitalization of all cryptocurrencies is $1.5 trillion, up 2.05% in the previous 24 hours and 72.26% year over year.
Other major cryptocurrencies within the Top 100 have also benefited from this increase in market capitalization, including Blur (BLUR), which has increased by an astounding 27%, Mina Protocol (MINA), which has increased by 9%, and Bittensor (TAO), which has increased by 14%, just to name a few.
Regarding the recent spike of BTC to a new annual high, crypto specialist identified by the alias "Crypto Rover" has given light on likely triggers causing the current increase. Rover estimates that within 45 days, BlackRock will release its Bitcoin Spot ETF.
With this in mind, Rover's research indicates that the biggest asset manager in the world, BlackRock, may have had some hand in Bitcoin's recent spike. The suspicion stems from the fact that Coinbase, the biggest cryptocurrency exchange in the United States and BlackRock's custodial partner, looks to be the source of a significant portion of the purchasing pressure on Bitcoin.

Positive Bitcoin Price Predictions Through 2025
The most accurate Log Regression Curves for Bitcoin, according to renowned crypto analyst Crypto Con, have been released. These curves have offered insights into the next cycle top, a difficult component of Bitcoin study.
It has been estimated using the curve-matching method that Bitcoin's price might reach either $130,000 (Layer 6) or $180,000 (Layer 7) by the end of 2025.
The analyst claims that the $130,000 goal is credible since it is supported by a number of models and estimates. Layer 5, the most cautious estimate, comes in at $94,000, although even this number seems low after Crypto Con.
It seems unlikely that the whole red band of possible price ranges would collapse during this cycle, based on previous tendencies. Therefore, at least one of the predicted goals is likely to be achieved.
Crypto Con believes that a price of $130,000 for Bitcoin in late 2025 is the most plausible outcome, based on the data at hand. The Halving Cycles Theory is consistent with this forecast, which places the date at about 21 days after November 28, 2025.
#BTC #crypto2023 #koinmilyoner