Cryptocurrencies
- The Securities and Exchange Commission (SEC) announced that it is delaying the decision on the spot Bitcoin ETF offering of the three companies.
- Decentralized lending platform Nexo has introduced a crypto-backed credit card for citizens of the European Economic Area (EEA). The card will be released in partnership with Mastercard.
- Members of IBM Consulting made a list of notable points for optimizing digital euro legislation proposed by the European Commission.
- Ronaldinho did not accept the allegations of crypto scams.
- Binance announced that it is ending BUSD services as of today. However, it has been reported that until February 2024, BUSD supports will begin to gradually lift.
- A total of $15.8 million worth of crypto assets were lost in August due to online attacks.
- Arkham Intelligence has announced that a wallet owned by Robinhood holds $2.5 billion worth of Ethereum (ETH).
- According to KuCoin’s research, crypto investors in Turkey have shown an increase despite the downward movement in the market.
FED
- While the verbal guidance of FED officials regarding future policies is also in the focus of investors, yesterday, Atlanta Fed President Raphael Bostic stated that monetary policy is tight enough to reduce inflation to 2 percent in a reasonable time.
Global Markets
- Global markets are mixed.
- While the buying-heavy course in the bond markets moved to the fifth business day yesterday, the US 10-year bond yield was stabilized at 4.12 percent at the moment.
- While the Dow Jones index and S&P 500 index lost 0.48 percent and 0.14 percent in the New York stock market, the Nasdaq index increased by 0.11 percent. Index futures contracts in the USA started the new day with a positive trend.
- While a mixed course is observed in European stock markets, the dilemma of inflation and recession continues to exist in the region.
- Yesterday, the FTSE 100 index depreciated by 0.46 percent in England, the FTSE MIB 30 index decreased by 0.29 percent in Italy and the CAC 40 index decreased by 0.65 percent in France, while the DAX 40 index increased by 0.35 percent in Germany. Index futures contracts in Europe started the new day with a positive trend.
- In Asian markets, the positive news flow from China increased the risk appetite in the region.
- Shares in finance and real estate surged after the People’s Bank of China (PBoC) announced that it would cut the FX reserve requirement for financial institutions by 200 basis points, from 6 percent to 4 percent.
- Also, Hong Kong’s Hang Seng index was closed due to Super Typhoon Saola.
- While the Nikkei 225 index rose 0.5 percent in Japan near the closing, the Shanghai composite index in China gained 0.3 percent and the Kospi index in South Korea gained 0.3 percent.
Technology and Stocks
- Lufthansa, one of Europe’s largest airline groups, has announced its nonfungible token (NFT) loyalty program on Polygon Network. With this program; passengers will convert their trips into NFTs that can unlock rewards such as miles and business lounge vouchers.
- Social media platform X (Twitter) announced in its new policy that “biometric information can be collected and used for security, safety and identification purposes” depending on users’ permission.
- Decentralized video distribution network Theta (THETA) announced at the Google Cloud Next conference in San Francisco that it has partnered with Google Cloud to present its innovative collaboration “Model Pipeline for Video-to-Text Applications.”
