Cryptocurrencies
- On the first day of the historic trial, which has been eagerly awaited for months, US prosecutors claimed that Sam Bankman-Fried lied to everyone while establishing the cryptocurrency exchange and that only SBF’s close circle knew what happened.
- In their investigation, Nansen analysts revealed that before the collapse of the FTX exchange, Alameda sent FTT worth $ 4.1 billion to FTX.
- Former BlackRock chief executive Steven Schoenfield claimed that the US Securities and Exchange Commission will approve the Bitcoin spot ETF within 3 to 6 months.
- Ardana, which claims to develop a stablecoin project on the Cardano network, is accused of losing the 10 million dollars it collected from investors in 2021 due to bad investment moves.
- Ripple has received a full payment license from Singapore Subsidiary MAS. This license allows Ripple to provide digital payment token services.
- It is said that Block, a company founded by former Twitter CEO Jack Dorsey, is preparing to launch its Bitcoin wallet in the future and images have been leaked.
- The court rejected the US Securities and Exchange Commission’s (SEC) request to grant a temporary appeal in its case against Ripple.
- The New York court set September 17, 2024 for the trial of former Celsius Network CEO Alex Mashinsky. Mashinsky will remain free on $40 million bail while legal proceedings continue.
- Stars Arena, which started operating last September, was very effective in Avax’s price increase. According to DappRadar, over 215,000 transfers took place on Monday.
FED
- The FED is expected to act more data-oriented and in accordance with the Central Bank’s steps for the rest of the year.
Global Markets
- While workers affiliated with the United Automotive Workers Union (UAW) in the USA continue their strike, more than 75 thousand employees of Kaiser Permanente, one of the largest healthcare organizations, started a strike due to poor working conditions.
- Yesterday in the New York Stock Exchange, the Nasdaq index gained 1.35 percent, the Dow Jones index gained 0.39 percent and the S&P 500 index gained 0.79 percent. Index futures contracts in the USA started the new day with a mixed course.
- European stock markets also followed a mixed course.
- Yesterday, the DAX 40 index in Germany increased by 0.10 percent, while the CAC 40 index in France followed a horizontal course. The FTSE 100 index in England decreased by 0.77 percent and the MIB 30 index in Italy decreased by 0.17 percent. Index futures contracts in Europe started the new day with a mixed course.
- After the data announced in the USA gave “cooling” signals regarding the labor market, the increasing risk appetite also moved to Asian markets.
- While there were no transactions in the Chinese markets, which were still closed due to the holiday, the Nikkei 225 index in Japan increased by 1.5 percent, the Hang Seng index in Hong Kong increased by 0.6 percent and the Kospi index in South Korea increased by 0.3 percent near the closing.
- US commercial crude oil stocks decreased by approximately 2 million 200 thousand barrels last week compared to the previous week.
- Although Saudi Arabia and Russia reiterated that they would continue the voluntary oil production cuts they implemented as of July until the end of the year, signs of slowdown in economic activity around the world and the increase in oil stocks in the USA for the first time in the last 2 months caused a sharp decline in oil prices.
- The barrel price of Brent oil is currently trading at $86.44, falling to its lowest levels in the last month.
