Posts by Hakan Ateşler

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Geopolitical events liquidate $550 million crypto position

Iran’s missile attack on Israel last night had a negative impact on crypto prices. A total of $550 million worth of positions were liquidated in futures transactions. Long positions accounted for $480 million of these positions.

Binance to delist 4 crypto trading pairs

Binance exchange made a delist announcement in 4 crypto trading pairs. The exchange will take the relevant crypto pairs off the platform as of October 4.

Arthur Hayes: “Crypto will come back”

Famous investor Arthur Hayes stated that the US elections are currently the biggest obstacle to the growth of the crypto market. Hayes stated that he thinks the new president will not be clear immediately after the elections and that he expects serious rises after the uncertainty is removed.

Where will Bitcoin head? : Two experts Willy Woo and Peter Brandt discuss at X

Peter Brandt, known for his comments on financial markets, and Bitcoin-supporting analyst Willy Woo discussed the price trajectory. Peter Brandt stated that the uptrend seen since the lows in November 2022 can only be confirmed with a closing above $71,000, while Woo stated that it will take time to see the ATH level again.

Michael Burry’s ‘penny stock’ purchase

Michael Burry, who predicted the great property crisis in the USA in 2008 and thus made a great fortune, is trying his luck with cheap shares this time. The hedge fund Scion Asset Management, owned by Burry, bought BioAtla shares worth about $450 thousand.

Ripple’s licence brought a rise in XRP

Ripple, known for its cross-border payment systems, which are widely used especially in the Far East and Middle East regions, has received a licence in principle from the Dubai regulator for payment activities. Ripple also made the official announcement. After the announcement, the XRP price rose above $0.62.

Risk warning from Binance about 10 altcoins: “They changed it in 18 months”

Binance exchange issued a token-economy warning on 10 altcoins and stated that a warning letter will be added to the platform next to the mentioned assets. The exchange announced that as of today, it will increase transparency controls and will also launch the warning letter application.