Cryptocurrencies
- Emin Gün Sirer, founder and CEO of Ava Labs, claimed that spot Bitcoin ETF approvals are close.
- Arthur Hayes, CEO of BitMEX, expressed his belief in the resilience of Bitcoin and Ethereum, the crypto world’s two reserve assets, amid global conflicts and rising energy prices.
- Bitcoin rose for the fourth consecutive week and managed to get very close to $ 38,000, its highest level in the last 18 months.
- BlackRock questioned the SEC’s decision to approve futures ETFs while rejecting spot ETFs. BlackRock stated that this situation was due to misdirection.
- The clumsy hacker who hacked the stable coin Raft accidentally burned all the Ethereum he stole, leaving only 4 ETH in his hand.
- Coinbase Global, Coinbase’s global futures exchange, stated in the official statement that it has listed futures for Solana (SOL) and Avalanche (AVAX).
- Binance, which decided to withdraw from the Russian market by selling all its assets to CommEX, announced that it will stop Russian ruble (RUB) deposits on its platforms until November 15, 2023. Withdrawals in rubles can be made until January 31, 2024.
- The StarkNet community recently released specific details about the upcoming releases of StarkNet, v0.12.3 and v0.13.0, as well as the migration to the Sepolia testnet.
- Changpeng Zhao (CZ), the founder and CEO of Binance, stated in his statement that the executives of a client company they worked with were kidnapped in Montenegro and their cryptocurrency accounts were emptied. The total losses of the executives were stated as 12.5 million dollars.
- Chainlink, a decentralized oracle network, announced the launch of LINK staking v0.2 with a size of 45 million LINK tokens.
FED
- Experts stated that the Consumer Price Index (CPI) data to be announced on Tuesday in the USA may have an impact on the policies of the US Federal Reserve (FED) for the next period, and Fed Chairman Jerome Powell said in his statements last week, “If necessary, we will further increase the monetary policy.” “We will not hesitate to tighten it.” He reminded me that he said.
Global Markets
- Experts stated that the Consumer Price Index (CPI) data to be announced tomorrow in the USA may have an impact on the policies of the US Federal Reserve (FED) for the next period.
- Stating that the CPI in the USA is expected to increase by 0.1 percent monthly and 3.3 percent annually in October, analysts stated that if the data in question falls outside the predictions, volatility in the markets may increase.
- While it is seen that the selling pressure continues in the bond markets in the USA, the 10-year bond interest of the USA reached 4.66 percent on the first trading day of the week.
- On the New York Stock Exchange, the Nasdaq index gained 2.05 percent, the Dow Jones index gained 1.15 percent and the S&P 500 index gained 1.56 percent on Friday. Index futures contracts in the USA started the new week with a negative trend.
- While European stock markets saw a sales-oriented trend on Friday, all eyes are on the inflation data to be announced across the region this week.
- On the last trading day of last week, the DAX 40 index in Germany decreased by 0.77 percent, the CAC 40 index in France decreased by 0.96 percent, the FTSE 100 index in the UK decreased by 1.28 percent and the MIB 30 index in Italy decreased by 0.49 percent. noted. Index futures contracts in Europe started the new week with a negative trend.
- A cautious trend stands out in Asian stock markets ahead of the meeting between US President Joe Biden and Chinese President Xi Jinping.
Technology and Stocks
- In China, the country’s leading e-commerce companies chose not to publicly disclose the total sales figures of the online shopping festival “November 11 Singles’ Day” this year as well.
- Analysts stated that the revenues of e-commerce giant Alibaba, which leads the festival, and its rival Jing Dong (JD.com), are expected to increase due to the online discount sales that continue between October 14 and November 11 at the annual festival.
