Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on SundayBitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency […]

Go to Source

Powered by WPeMatico

Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins

The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all […]

Go to Source

Powered by WPeMatico

Binance Users in Turkey Can Now Deposit and Withdraw TRY via Akbank Integration

Binance Now Lets Users in Turkey Deposit and Withdraw Turkish Lira Directly via Akbank IntegrationThe competition for the Turkish cryptocurrency market appears to be heating up as Binance is the latest platform to launch a banking integration for the Lira (TRY). The global digital asset exchange is now open to direct transactions of local fiat from Akbank, one of the largest banks in Turkey. Also Read: Blockchain.com Launches Full […]

The post Binance Users in Turkey Can Now Deposit and Withdraw TRY via Akbank Integration appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for Turkey

Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for TurkeyBlockchain.com has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on its trading platform. With this development users in Turkey no longer have to incur high fees and conversion rates from third-party payment processors. Turkish traders have consistently been one of […]

The post Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for Turkey appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Turkish Bitcoin Volume Soars as Traders Flee the Lira

Turkish Bitcoin Volume Soars as Traders Flee the LiraTrading volume on Turkish cryptocurrency exchanges has soared over the last 24 hours as citizens have sought refuge from the weakened lira. Turkey’s national currency has faced a torrid time on a day when President Recep Tayyip Erdogan accused the US of trying to “stab it in the back”. Trade volume on domestic exchange Btcturk […]

The post Turkish Bitcoin Volume Soars as Traders Flee the Lira appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico