Hakan Ateşler 
The International Monetary Fund (IMF) has once again issued a Bitcoin warning to the Latin American country of El Salvador. A spokesperson for the institution said that although they are against Bitcoin, they will continue to work with El Salvador, but they advise the government to reduce the links of state institutions with Bitcoin.
Analysts at JPMorgan, one of the world’s largest banks, stated that investors could switch to Bitcoin and gold due to the depreciation of local currencies, geopolitical events and US elections could also accelerate this.
Global payment network Swift, which announced fiat money tokenisation trials in recent weeks, announced that it will launch transfer trials of many tokenised assets, including cryptocurrencies, in 2025. The world’s largest banks from North America, Europe and Asia will also be involved in these tests.
The increasing geopolitical tension after Iran’s attack on Israel last night was also included in the latest report of Standard Chartered analysts. Analysts said that declines could increase further and pointed to the weekend.
Metaplanet, which started buying Bitcoin this year and declared the largest cryptocurrency as a reserve asset, sold option contracts. The company earned 23.9 BTC from this sale and increased the total number of Bitcoins to 530.7.
An investor who acquired $46,000 worth of ETH during the Ethereum ICO period and whose current tokens are worth more than $350 million, sold heavily for the second time in a week. The wallet disposed of more than 19 thousand ETH in two days.
The SEC’s use of the right of appeal in the Ripple case yesterday evening also mobilised the other side. Stuart Alderoty, Ripple’s legal counsel, stated that they are also considering the possibility of a counter-appeal and made heavy words to the SEC.
Binance exchange announced that it has taken 5 crypto projects to the Watch List and will remove 2 tokens from the Seed Category. Tokens included in the watchlist may face the danger of being de-listed due to their ‘performance’.
In the SEC, which has imposed harsh sanctions against the cryptocurrency world, especially in the last 2 years, chief executive officer Gurbir Grewal, one of the biggest responsible for these steps, will leave his post on October 11. No statement has yet been made from the SEC regarding the reason for resignation. Grewal said, ‘I am proud of what I have done and the stance of my organisation.’
While the world focuses on the tension in the Middle East, QCP Capital analysts insist that the general outlook is good… Company analysts stated that Iran-Israel tensions may be in the spotlight for a while, but investors should ‘look at the big picture’.