Quick Recap of Global and Crypto Market Trends in 1 Minute 07.11.2023

You can read the summary of markets report in 1 minute, which we have compiled daily important news about crypto money markets, global market news and domestic markets.


  • A total of $261 million inflow occurred into Bitcoin this week alone.
  • The London Stock Exchange shared in its job posting on LinkedIn that it was looking for a digital asset manager who is “passionate” about digital assets, crypto ecosystems and blockchain.
  • Ava Labs, the main developer of the Avalanche blockchain, announced today that it has laid off 12% of its employees.
  • Binance will list the Ordinals token today at 13:00 CET. The token will be opened for trading in ORDI/BTC, ORDI/USDT, ORDI/TRY parities.
  • Pravjit Tiwana, chief technology officer of cryptocurrency exchange Gemini, is leaving his position.
  • Crypto exchange Binance’s market share in spot trading decreased to 40 percent by the end of 2023, from 62 percent in the previous year.
  • LHV Bank founder Rain Lõhmus announced that he lost the key to his wallet with 250 thousand ETH and that he will pay anyone who helps recover his password.
  • Arbitrum DAO has approved the proposal that will allow ARB token holders to stake their assets in exchange for a return paid in tokens.
  • The price of the BLUR token increased from $0.15 to $0.27, an increase of 80% in a period of approximately three weeks. The reasons for this rise include the negative news of its rival OpenSea and the Simpsons
    The NFT section published in was shown.
  • According to The Block, Austria-based crypto tax software provider Blockpit.
    It acquired Accointing in a multimillion-dollar deal. This is Blockpit’s second major acquisition.
  • NFTs are showing signs of a comeback. Volume inflows to NFT marketplaces have been continuing since last week.
  • After the court approved the gradual sale of approximately $3.4 billion worth of crypto assets a few months ago, another $744 million asset sale request came.
  • Animoca Brands CEO noted that spot Bitcoin ETF enthusiasm has not only lifted the market, but also increased confidence in GameFi and brought increased activity.
  • While market regulations on ETFs continue to be postponed in the United States, the Hong Kong government caused a stir when it announced plans to launch spot cryptocurrency exchange-traded funds (ETFs).
  • The Bank of England and the UK Financial Conduct Authority have requested feedback on their proposed approach to regulating stablecoins.
  • SK Telecom, South Korea’s largest mobile operator, is partnering with Aptos and Atomrigs Lab to develop the web3 wallet service known as T wallet.


  • Fed Board Member Lisa Cook, one of the FED executives who made a statement yesterday, stated that they hope that the policy rate will be restrictive enough to ensure that inflation can return to the bank’s 2 percent target. Cook emphasized that they will continue to be cautious to ensure that the inflation target is achieved.

Global Markets

  • Global markets remain mixed.
  • Yesterday, it was seen that the selling pressure came to the fore again in the bond markets. Before the US Treasury’s bond sales that will start today, the US 10-year bond interest increased by approximately 15 basis points to 4.65 percent.
  • Yesterday, the Dow Jones index rose by 0.1 percent, the S&P 500 index rose by 0.18 percent and the Nasdaq index rose by 0.3 percent in the New York stock exchange. Index futures contracts in the USA started the new day with a decline.
  • While a sales-oriented trend stood out in European stock markets yesterday, excluding the UK, macroeconomic data in the region continues to give mixed signals.
  • Yesterday, the DAX 40 index in Germany decreased by 0.35 percent, the MIB 30 index in Italy decreased by 0.29 percent and the CAC 40 index in France decreased by 0.48 percent, while the FTSE 100 index in the UK remained flat. Index futures contracts in Europe started the new day with a decline.
  • While the selling pressure comes to the fore in the Asian stock markets on the new day, the data announced in China continues to increase concerns that the world economy is slowing down.
  • Additionally, the Reserve Bank of Australia (RBA) increased the policy rate by 25 basis points to 4.35 percent today, after 4 meetings.
  • A barrel of Brent oil is traded at $84.14 in international markets.

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