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TOP 10 Meme-Münzen
#DOGE  #PEPE  #FLOKI  #SHIB  #QUACK  

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47 Crypto Firms Apply for New Turkish Regulation Licenses Turkey has seen a significant increase in interest from crypto businesses seeking to operate inside its borders, with 47 firms applying for licenses under new regulations. The Turkish Capital Markets Board (CMB) said that 47 cryptocurrency businesses applied for licenses under the new legislation. Popular exchanges including Bitfinex, Binance TR, and OKX TR are applicants. Major platforms including Coinbase, Bybit, KuCoin, MEXC, and Gate.io have not applied for licensure. Trukey's Crypto Law Takes Effect The “Law on Amendments to the Capital Markets Law,” which took effect on July 2, has boosted applications. Crypto asset service providers in Turkey will be regulated by the law. The CMB has announced that three firms had liquidated and that those with incomplete application data are under review. The regulator stressed that being on the “List of Those in Operation” does not authorize. Companies must get board permission after implementing secondary law. As firms fix issues or the CMB finishes its assessments, the list will change. Turkey already implements two crypto-related laws, but precise cryptocurrency restrictions need legislative approval. The first 2021 Central Bank of Turkey order restricts the use of cryptocurrencies like Bitcoin for transactions owing to their non-recognition as legal money. The second regulation covers Financial Crimes Investigation Board anti-money laundering procedures. Exchanges must collect Know Your Customer data to fight money laundering and terrorist funding. Turkey's Crypto Market is 4th Largest The global crypto environment is heavily influenced by Turkey. The country is the fourth-largest crypto market in the world, surpassing Russia, Canada, Vietnam, Thailand, and Germany with an estimated trade volume of $170 billion. BtcTurk, Turkey's biggest cryptocurrency exchange, was hacked this year, stealing $54 million. BtcTurk said that the June 22, 2024 cyber incident caused unlawful withdrawals. #Binance #Turkey #Crypto

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For the year 2024, which 3 DePIN crypto token projects are most promising?

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32K Bitcoin and 206K Ethereum Options End Today BTC is around $61,000 and ETH over $2,600. Greeks.live revealed August 9 Bitcoin and Ethereum options data amid a rebounding crypto market. Greeks.live reports on X that 32,000 BTC options with a Put Call Ratio of 0.71, a Maxpain point of $60,000, and a notional value of $1.9 billion are expiring. Today, 206,000 ETH options with a Put Call Ratio of 0.96, Maxpain point of $2,950, and notional value of $560 million expire. The Yen rate rise rocked the markets hard at the start of this week, but the Bank of Japan's milder attitude has restored optimism, with BTC and SOL leading the crypto market to strength. However, ETH ETFs have underperformed since listing. Greeks.live also adds that big IVs are down, but they are still higher than before the market meltdown, and given the strong volatility, IVs are unlikely to decline much. BTC Near $61,000, ETH Above $2,600 At the time of writing, Bitcoin is trading at $61,000, up over 7% in 24 hours. The week began with BTC falling below $50,000 on August 5, but it soon recovered. The Bitcoin market fall witnessed $365 million in long and short liquidations by speculators. CryptoQuant stated via X on August 8 that US Bitcoin demand is returning after Coinbase Premium Index went positive. High premium prices may imply US investors' strong Coinbase purchasing pressure. At the time of writing, ETH is trading at $2,680, up over 10%. ETH fell below $2,200 on August 5, known as Crypto Black Monday, but has since recovered. #BTC #ETH $BTC $ETH

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Smart Whale Buys Hundreds Of Billions Of SHIB After Crash In recent days, Shiba Inu has seen unusual price activity and industry issues. NewsBTC said that a major unfavorable trend in the stock market has affected SHIB and other cryptocurrencies. Thus, the meme token dropped to $0.00001088, its lowest level in six months. However, many knowledgeable investors know that the crypto sector is cyclical. Seasoned investors know that price reductions are frequently good buys, particularly for assets with community backing and long-term promise. Many have bought tokens at cheap prices. On-chain data shows a SHIB whale buying hundreds of billions of tokens from a controlled exchange. Arkham Intelligence on-chain data revealed the whale buildup. This data shows that “0x4B5C,” a whale address, bought 220.34 billion SHIB coins in 48 hours. The first and biggest transaction was the purchase of 216.397 billion SHIB tokens. Next came 3.55 billion and 400 million tokens. At the purchase, the tokens were valued over $3 million. The tokens came via Coinbase Prime Custody, Coinbase's offering for safe digital asset storage and administration for institutional investors, according to transaction data analysis. Coinbase Prime Custody's participation suggests this whale is an institutional participant or high-net-worth person employing institutional-grade crypto services. A big move shows confidence in the token's future despite the price drop. The latest price drop highlights meme currencies' speculative character. Bitcoin's price drop caused SHIB to fall below numerous critical support levels it had maintained for six months. The stock has regained some losses after bottoming at $0.000011. SHIB is up 22.5% from its low of $0.000011 to $0.00001333. This rising trend shows that some investors, such address “0x4B5C,” took advantage of reduced pricing to re-enter the market or boost their holdings. SHIB is still down 16.2% in seven days after the current collapse. #SHIB #TONonBinance $SHIB

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With the judge's decision to reduce the SEC penalty, XRP and Stellar had a 20% surge

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