Posts by Burak Köse

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Burak Köse

Graduated from Istanbul University, Faculty of Communication, Journalism. After 6 years in mainstream media, he founded Uzmancoin.com. He has been working as a crypto journalist since May 2017.

Big news for XRP: Case dismissed!

Months after Ripple’s victory in court against the US Securities and Exchange Commission (SEC), another important ruling has come out. Today, charges against Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen were also dropped. XRP price surged after the court ruling. The cryptocurrency rose from

Did Tesla sell Bitcoin? Financial results announced

Tesla financial results, eagerly awaited by Bitcoin investors, have been announced. According to the report, the electric vehicle giant did not sell any Bitcoin in the third quarter and continued to hold its assets. Elon Musk’s Tesla made its first and last Bitcoin purchase in

Turkey’s 12th Development Plan includes blockchain

Digital Turkish Lira and blockchain technology were mentioned in the 12th Development Plan announced yesterday by Vice President Cevdet Yılmaz at the TBMM Plan and Budget Commission. “It is expected that the use of digital currencies developed based on blockchain technology by central banks will become widespread,” said the plan, which touched on many issues from secure processing of data to the ability to buy securities with CBDCs.

Bitcoin ETF approval could boost market cap by $1 trillion: CryptoQuant

While it is now certain that Bitcoin spot ETF applications will be accepted by the SEC, the only issue under discussion is the timing of the approvals. CryptoQuant, on the other hand, stated in its report that the SEC approval will increase the market cap of Bitcoin by 150 billion dollars in the first place, and with additional investments to be made later, the total market value could increase by another 900 billion dollars.

Turkish Lira share on Binance increased exponentially

On Binance, the world’s largest cryptocurrency exchange, the most used fiat currency of the last period was the Turkish lira. The lira, which depreciated significantly especially after May, had a market share of 81 percent in fiat currencies on the exchange as of August.

BitVM proposal in Bitcoin: What is it and what does it promise?

Bitcoin developer Robin Linus is proposing to bring off-chain smart contracts to Bitcoin without the need for a soft-fork. The developer, who has also published a white paper called BitVM, claims that “anything can be computed on the Bitcoin network”, just like on the Ethereum network.