Cryptocurrencies
- Volatility in crypto is rising in anticipation of sales from FTX’s $3.4 billion token backlog. It is said that FTX, which took back approximately $7 billion worth of assets, $3.4 billion of which is crypto, is also trying to create a source of money through token sales.
- Although BTC rose to the level of $ 26,400 yesterday evening, it fell again in the morning hours and fell below the level of $ 26,000. Altcoins, on the other hand, have lost value at various rates since the morning hours.
- Asset manager Franklin Templeton has filed with the United States Securities and Exchange Commission (SEC) for a spot Bitcoin ETF.
- Binance.US CEO Brian Shroder has resigned.
- Gary Gensler confirmed that the SEC is using artificial intelligence technologies against fraud and manipulation in the financial sector.
- Cryptocurrency exchange Luno has announced plans to halt some crypto investments for some UK customers ahead of new FCA regulations.
- Bitgeyt continues to grow despite the bear market. Bitget announced two $100 million funds for 2023, one dedicated to crypto projects in Asia and the other dedicated to maximizing the company’s long-term impact in the crypto space.
- Sam Bankman-Fried’s lawyers determined the questions to be asked to jurors.
- Karl Sebestian Greenwood, one of the co-founders of OneCoin, was sentenced to 20 years in prison for the $4 billion Ponzi scheme.
- According to The Block, Coinbase is waiting for the G20 summit in Brazil to introduce global crypto regulations.
FED
- Analysts reminded that it is certain that the Central Bank will keep the policy rate constant in the September meeting, based on the pricing in the money markets, and stated that there is still uncertainty about what course the FED will follow in its November meeting.
Global Markets
- Global markets are following a negative trend.
- Consumer Price Index (CPI) data will be announced in the USA today at 15.30 Turkish time. Investors are approaching the markets cautiously before the data.
- Stating that the supply concerns experienced in the energy sector for a while may have affected today’s inflation data, analysts stated that a 0.6 percent increase in monthly CPI is expected. The previous month, CPI increased by 0.2 percent on a monthly basis.
- With these developments, the dollar index, which completed the day yesterday at 104.5 with a 0.1 percent decrease, is currently at 104.7, 0.1 percent above its previous closing.
- The negative trend in the US stock markets came to the fore with the profit sales in technology stocks yesterday, which had a positive start to the week.
- Yesterday, in the New York Stock Exchange, the Dow Jones index decreased by 0.05 percent, the S&P 500 index decreased by 0.56 percent and the Nasdaq index decreased by 1.04 percent. Index futures contracts in the USA also started the new day with a negative trend.
- A bearish trend was also observed in European stock markets.
- Yesterday, the September results of the ZEW Economic Confidence Index, which measures the expectations of institutional investors and analysts for the next 6 months, were announced by the European Center for Economic Research (ZEW).
- While the ZEW expectation index in Germany exceeded expectations with minus 11.4, it was below expectations with minus 8.9 in the Eurozone.
- While a sales-oriented trend was observed in Asian stock markets, the Sensex index in India diverged positively.
- According to data released in the region, the unemployment rate in South Korea fell to 2 percent in August, the lowest level since June 1999.
- The annual Producer Price Index (PPI) in Japan increased by 3.2 percent in August, in line with expectations.
- Today, the Kospi index in South Korea decreased by 0.07 percent to 2,534 points, and the Shanghai composite index in China decreased by 0.7 percent near the closing to 3,116 points.
- In Japan, the Nikkei 225 index closed the day at 32,707 points with a decrease of 0.21 percent, while the dollar/yen parity increased by 0.1 and traded at 147.2 levels.
- The Sensex index in India is at 67,328 points with a 0.2 percent gain, and the Hang Seng index in Hong Kong is at 17,991 points with a 0.2 decrease.
- In the written statement made by the Moscow Stock Exchange, it was stated that transactions in the derivatives market were stopped as of 09.30 today (09.30 GMT).
- A barrel of Brent oil is traded at $92.22 in international markets.
Technology and Stocks
- Google Cloud announced its partnership with LayerZero. With its agreement with LayerZero, Google Cloud will verify messages sent between blockchains.
- Oracle’s shares lost more than 13 percent after its financial results fell below expectations in the first quarter of this year. Shares of Apple, which introduced Apple 15, also fell by nearly 2 percent.
