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Solana, one of the largest blockchain solutions in the cryptocurrency market, experienced a deep decline after the collapse of the FTX exchange. The co-founder of the project, Anatoly Yakovenko, came up with an interesting proposal for the Layer 1 solution. Yakovenko said that the Ethereum network can be used as Solana’s Layer 2 solution. In a tweet series he shared on July 2, 2023 Talking about this solution, Yakovenko stated that it is possible, contrary to what was thought. Solana co-founderargues that SOL assets will have guarantees of security and certainty in the Ethereum network. While it is not known…

The most exciting event in the cryptocurrency market in recent weeks has undoubtedly been the Bitcoin Spot ETF applications. The trillion-dollar Blackrock application last month for the spot ETF, which was rejected in the past years, was also the main factor in the rise in prices. The US-based brokerage firm Bernstein report stated that these latest applications are likely to be approved. Bernstein’s July 3, 2023 research report stated that the US Securities and Exchange Commission’s (SEC) opposition to the Bitcoin Spot ETF issue is a tough one to sustain. The report also emphasized that these applications have a high…

Altcoin prices are active in the first week of July 2023. Altcoins, which performed poorly after the litigation processes and the recession in the markets in the past months, made a good start to this week. Volatility in altcoin prices Another post came from Binance. Binance has announced that it will list Pendle Finance as part of its Innovation Zone program. The altcoin, which has increased by about 80 percent after the news, is at the level of $ 1.23 as of the time of writing. Pendle Finance Pendle Finance offers lending and on-chain aggregator services as part of the…

The price of gram gold and ounce gold, which experienced a significant rise in May 2023, could not maintain its performance in the following period and experienced a decline. The precious metal, which moved downward after the messages from the USA to continue its tight monetary policies, continues to break a record in TL value with the depreciation of the Turkish Lira. Edward Moya, one of the experts of the US company OANDA, announced his expectations for the upcoming period. According to Edward Moya, the rise in gold prices came thanks to the Fed’s failure to price the last two…

The Web3 sector had contracted in 2022 due to the economic crisis in the world. The markets, which were relieved by 2023, started to turn to the field of technology again. As of June, many potential Web3 projects received significant investments. Although the money flow has decreased after the recession and lawsuits in the crypto money markets, the first half of 2023 continues to progress positively. In June 2023, many Web3 projects received millions of dollars of investment. Between them Major investors such as a16z, Animoca Brands, Wintermute, Binance Labs and Cardano Foundation companies have invested millions of dollars. in…

The NFT ecosystem, which has been affected by the big drops in the crypto money market, cannot recover. In recent days, the withdrawal of the base prices, especially the Azuki collection, has also received the reaction of the investors. Among the top 100 collections, declines ranging from 26 percent to 7 percent are observed. Azuki, one of the largest collections of the NFT ecosystemAfter the recent events in , there were sharp declines in other collections as well. by Azuki DAO The attempt to sue the creator of the collection escalated this negative atmosphere. Price change in NFT collections according…

There are many exchanges that have been serving for many years in Turkey, which is gradually rising in the crypto money sector. According to the latest research by CoinGecko, the order of market shares of stock markets in our country has changed. Paribu, which passed BtcTurk PRO, took the top. According to the latest research published in CoinGecko, Paribu exchange has the largest market share among crypto money exchanges in Turkey. BtcTurk PRO, which was at the top during the first quarter of 2022 and 2023, took the second place. Paribu’s market share is 50.5%, BtcTurk PRO’s 36.9%. While Bitci…

One of the regulation issues that investors are most curious about is the crypto money tax. In the past, some steps were taken by the USA that pointed to the tax. Finally, on July 30, 2023, a court order regarding user information was submitted to the US-based cryptocurrency exchange Kraken. In the forwarded order, the Federal Court ordered Kraken exchange to report users’ account and transaction information to the Internal Revenue Service (IRS). However, the IRS will be able to detect if any of the users have under-reported tax information. directly in the USA cryptocurrency tax Although the procedure is…

The eyes and ears of the cryptocurrency market have been in the spot Bitcoin ETF applications in recent weeks. In the past weeks, while the world’s largest fund companies have applied for ETFs, significant increases have been seen in the BTC price. On the last day of June, new information that confused the markets fell to the public.The United States Securities and Exchange Commission (SEC) stated that the recent Bitcoin spot ETF applications to the Nasdaq and CBOE have been insufficient, according to the news published in the WSJ. In the news, it was stated that asset managers should change…

Citigroup, an organization of the Rockefeller family, is on the agenda with its step towards the crypto money industry. According to Bloomberg, the banking giant is in talks with crypto companies. Metaco is known for its cryptocurrency storage, distribution and payment options for tokenized assets. It was seen that the firm was acquired by Ripple last month. Ripple’s purchase of crypto custody company Metaco for $ 250 million made a big splash. Now, a new news feed is coming by Citigroup, which is in cooperation with Metaco. According to Bloomberg, Citigroup Inc is in talks with crypto firms for a…