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The winners of the 61 million lira jackpot, determined by the National Lottery for the New Year’s Special Draw, will be able to buy approximately 1000 Bitcoins at today’s rates with this money. Citizens will also be able to buy 255 units, 20 luxury villas and 57 thousand republic gold coins in Istanbul from electric car Tesla.

Almost all of the tickets printed by the National Lottery Administration for the New Year’s draw almost sold out. If all the tickets are sold, a bonus of 349 million 243 thousand liras will be distributed. The grand prize, which was determined as 61 million TL for the New Year’s Special Draw to be held on Sunday, December 31, by the National Lottery, adorns the dreams of its lucky candidates.

1000 bitcoins with the big jackpot

Many things can be bought with the big bonus that the National Lottery has determined as 61 million TL for the New Year’s Special Draw. With the bonus, the digital currency Bitcoin, which is at the top of the agenda these days, will be able to buy approximately 1,000 units at today’s rates. Electric car Tesla’s Model S can be purchased 255 units, 223 thousand 443 quarter gold, 111 thousand 721 half gold, 57 thousand 656 Republic gold. In addition, 38 thousand 485 10 gram 22 carat bracelets can also be purchased. The lucky winner, who wants to buy a house that does not break with the top three in the ‘biggest dreams’ list, will be able to buy 20 luxury villas in Istanbul for 3 million liras.

SputnikNews

FLO, which was founded by Ahmet Ziylan in a small workshop 60 years ago, continues to grow. Turkey’s largest shoe store FLO opened a new branch despite the coronavirus epidemic that affected the whole world. FLO opened its new store in Samsun, which is a direct and indirect job opportunity for 30 thousand people in total.

With its approximately 500 branches in Turkey, the sea Standing out with its customers with more than 100 stores in 21 different countries, FLO welcomes its customers with its new 980 square meter branch in Samsun.

In the statement made by FLO, it was stated that FLO is far ahead with its wide product range and reasonable prices, while it is stated that it is taking firm steps forward in line with its targets of being one of the 10 global brands to come out of Turkey in 2023.

The coronavirus, which brought economic difficulties in many sectors after it emerged last year, finally hit the US-based beverage company Coca-Cola. After the hardships, the company will lay off more than 2,000 workers around the world, 1200 of whom are in the USA

A new one came from the food sector for the layoffs in the aviation sector, tourism sector and automotive sector. Coca-Cola, which is shown as the world’s largest beverage company, announced that it has entered a restructuring process after the Kovid-19 epidemic. In this context, the company announced that it will part ways with a total of 2200 employees, 1200 of whom are in the USA.

Restructuring at Coca-Cola

After the Covid-19 pandemic, Coca-Cola announced that it will go into restructuring, like many other companies. The company, which has more than 80 thousand employees around the world, announced that there will be a 12 percent reduction in employees within the scope of this restructuring. While it was learned that the planned layoffs will take place as soon as possible, it was stated that about 500 of the said separation will take place in Atlanta, which is considered the main headquarters of Coca-Cola.

Companies such as Qatar Airways, 3M and Disney, which were in economic difficulties after the coronavirus pandemic, also laid off thousands of their employees.

Bitcoin is now considered quite mature compared to the cryptocurrency market in 2011.

Bitcoin’s daily trading volume exceeded $4.5 billion at the beginning of this month.. Even the world’s most traded stock, Apple (AAPL), does not have such a large trading volume.

The Width of the Bitcoin Market means that it is strong in the Long Term

The usage areas of the Bitcoin market are increasing day by day. It is an excellent indicator for Bitcoin, as it evolves over time and the volume of transactions increases.. Prior to this, Bitcoin was frequently criticized by senior executives and government officials in traditional financial markets.. For example, European Central Bank president Mario Draghi made a statement at a press conference that the Bitcoin market was “not mature enough” for consideration:

“ When something new comes out, people have high expectations as well as high doubts.. Our opinion of Bitcoin and other cryptocurrencies is that they are not mature enough to consider.. That was one of the important lessons we learned in the global financial crisis of 2008. All new fintech must be handled with care and with potential risks in mind.”

Of course, that statement is a thing of the past.. Bitcoin is now ripe for the European Central Bank and other banking institutions. Financially leading regions such as Japan, the USA and South Korea have already prepared the necessary infrastructure and issued regulations for cryptocurrencies.. Assuming that demand, liquidity, user numbers, and market value for Bitcoin are increasing at an incredible rate, these countries are perfectly right to act quickly.

However, there is an even more important factor: volatility and fragility, namely volatility. The chart published by renowned Bitcoin analyst and investor Chris Burniske shows that Bitcoin’s volatility values ​​have decreased significantly over the past 6 years.

As liquidity increases, Bitcoin’s daily volatility drops. Chart by @cburniske. pic.twitter.com/JsliQZzlGf

— Tuur Demeester (@TuurDemeester) October 22, 2017

“As liquidity increases, Bitcoin’s daily volatility drops. Chart by @cburniske.”

As experts like Andreas Antonopoulos have pointed out earlier, spikes in the price of Bitcoin are also an indicator of volatility.. However, as the Bitcoin market matures, such price fluctuations due to users’ trading is expected to decrease.. Bitcoin’s presence in the financial industry depends on the stability of the price…

Contribution of low volatility to Bitcoin

December 2016 BTCC Strong> CEO Bobby Lee said that Bitcoin’s low volatility values ​​are a sign of maturity:

“Low price volatility is a good thing for Bitcoin. The settling of market maturity is an indication that people can also store their money digitally.. Bitcoin’s market cap may exceed 12 billion dollars.”

Although 12 billion dollars seemed very high back then, its current market cap 99 billion dollars; almost 9 times the quoted value. Although the market cap and price of Bitcoin have skyrocketed in a short period of time, the volatility can be considered relatively low.. Price corrections to Bitcoin have been less effective than before, and the market has been generally positive throughout this period.. In addition, volatility has remained at a rate of 4 over the past year.

Antonopoulos said in the summer of 2015 that high volatility is the growth of Bitcoin even if the price rises.

“Don’t get too excited about the positive ‘manipulation’ of the bitcoin price.. Even if the price goes up, volatility is still a bad thing.”

In summary, as the Bitcoin market matures, volatility will drop rapidly from 4. This is of course a good indicator for price stability.

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Bitcoin managed to make its investors smile with its important attacks in the past weeks and made an increase to the level of 8500 dollars.

When we look at the HMA 100 indicator, we see that the price is below this level. Most investors consider buying after the price goes above this value.

Put a Stop Loss Order on Your Investments

If Bitcoin you stop your investment If you did not enter a -loss order, it means that you have lost $500 in a single candle when looking at the 4-hour chart. Although many people think that the price will bounce from the $ 7200 level, things may not always be as expected in the crypto money market. In order not to incur serious losses, you must place a stop-loss order while making your investments.

Most investors expect the price to increase a little more and make a jump in order to exit these levels. Otherwise, a possible sale at these levels means a serious loss for those who buy at $ 8000.

For now, the biggest support level seems to be $ 6800. According to the analysis, Bitcoin price is expected to decline to $ 6800 levels. Since there is a strong resistance at $ 6800, it is not expected to drop below this level, but it is still useful to enter a stop loss below $ 6800. Because a possible drop below 6800 can bring a decrease to the level of 5700 dollars.

*It is not investment advice. Bitcoinsistemi.com or the author is not responsible for any possible damage.

Microsoft CEO Challenges Interbank Messaging Service Swift

Satya Nadella, CEO of tech company Microsoft challenged the interbank messaging service Swift to develop ‘useful’ applications of Blockchain technology.

Nadella responded to this intimidation by Swift’s hosted three days of Sibos 2017, on the last day of its annual financial conference.

https://www.youtube.com/watch?time_continue=10&v=cSVwKZsSWzw

When asked onstage by Swift CEO Gottfried Leibbrandt her personal opinion on whether blockchain technology will make any progress that justifies her high reputation, Nadella replied:

”There is tangible progress being made. However, I think it’s up to you to turn that into something really useful.”

Highlights from the Interview with Nadella

During her Q&A with Leibbrandt, Nadella spoke to Microsoft’s Microsoft. He also talked about the activities of the company including Blockchain technology.. As an example of this, Nadella cited the launch of the Microsoft Azure Blockchain Council, a tool to support technology adoption and advancement. , also talked about his days as a programmer at Mictosoft, where he founded Blockchain technology to fulfill his dreams of seeing the emergence of a distributed database trusted by its users and where various organizations can collaborate.

“At least since I was in this industry. Since then, we have always sought a distributed database with an element of trust that enables and enforces the collaboration of many organizations.”

Swift’s Blockchain Plans

In the meantime, many Despite the expert’s claims that Blockchain could render Swift’s services useless, Swift continues its own research and development (R&D) projects on this technology. was advancing his. Swift’s platform is already connected to 11,000 banks worldwide.

Microsoft’s Blockchain-Related Initiatives

Microsoft under Nadella is one of the major banks in Israel It is also actively involved in developing various blockchain-enhanced projects and pilot tests, including partnership with one, the identity implementation in collaboration with the Ministry of Brazil, and the Coco system for Blockchain-based businesses.

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The price gap between exchanges in South Korea and the rest of the world has recently widened for bitcoin and other cryptocurrencies.

This gap has become a deep chasm. According to the latest data, one Bitcoin is trading at around $23,000 on the South Korean Bithumb exchange. On Bitfinex, one of the world’s largest Bitcoin exchanges, the price of a Bitcoin can hardly hold at $16,000.

The reason is the ban on trading cryptocurrencies for foreigners

To go to the past month to understand this price difference needs. Cryptocurrency trading was banned to foreigners in South Korea last month. The fact that it has become almost impossible for foreigners to take advantage of arbitrage opportunities in South Korea has made the price difference huge.

The situation is the same not only for Bitcoin but also for other cryptocurrencies. Based on the example of Bitcoin Cash, a Bitcoin Cash is traded at $2500 on Bitfinex and around $3800 on Bithumb.

This price difference is expected to continue in the long run, as the ban on trading cryptocurrencies to foreigners will continue.

He came from Australia in a slap to Craig Wright, who claims to be the real Satoshi Nakamoto. Australia’s largest cryptocurrency exchange has decided to delist the crypto owned by Craig Wright!

A slap to Craig Wright Australia From

Craig Wright, who introduced himself as Satoshi Nakamoto and even filed copyright lawsuits against companies that made Bitcoin news, received bad news from Australia. Australia’s largest cryptocurrency exchange, Independent Reserve, announced that it has decided to delist the crypto money owned by Craig Wright!

According to the announcement made on the Independent Reserve’s Blog page, Bitcoin SV (BSV) trading pairs Will be delisted on March 28, 2021.

”Due to recent events and requests from our community, Bitcoin SV trading pairs will be removed from our exchange.”

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BSV and Satoshi Nakamoto

BSV, short for Bitcoin Satoshi Vision, was created in 2018 as a fork of Bitcoin Cash (BCH). At the head of the BSV team is computer scientist Craig Wright, who claims to be the real Satoshi Nakamoto.

He was delisted on Binance!

Although the last exchange to delist BSV was Independent Reserve, it had previously delisted BSV in Binance. In 2019, Binance claimed that Bitcoin SV did not meet the high standards they sought in cryptocurrencies, and decided to delist the relevant parities.

The Central Bank of Iran wants to prevent financial institutions and banks in Iran from getting involved in the transactions of bitcoin and other cryptocurrencies.

Concerned about the illegal use of cryptocurrencies in money laundering and terrorist financing, the Central Bank of Iran (CBI) has decided to ban the use of technology in financial institutions, as reported by the country’s national news agency. issued a circular on Sunday. The announcement, which became public yesterday, was accepted by Iran’s money laundering committee in December 2017.

Alert in the broadcast:

“Cryptocurrencies, money laundering They have the potential to be used for money laundering, supporting terrorism, and many more illegal transactions.”

According to the report, banks, credit institutions and exchanges should now avoid selling or buying cryptocurrencies and do not use any means to promote them.

Is Ban Enforceable?

However, the extent to which the central bank can thwart local cryptocurrency activity, given both the availability of technology and the supportive views of some government officials It remains unclear.

In recent weeks, the country’s Minister of Information and Communication Technologies announced in February that Iran’s central bank is developing a cryptocurrency that will be administered by the state government. In a statement, Iran’s cybersecurity secretary went so far as to say that the country would “welcome” bitcoin, provided there are appropriate regulations.

And previously, Deputy Director of the Ministry of New Technology, Naser Hakimi, said in November that the center He said that his bank is working on Bitcoin and plans to comprehensively review its policies in this area.. However, his statements focused on the “uncertainty” and “risk” that emerged with the crypto-currency speculation in the market.

How the financial institutions in Iran will react to these statements remains unclear.

CoinDesk

A famous fast-food company is starting to receive payments in Bitcoin. It was a question of how the company would tax this profit.

Bitcoin became a payment tool for a famous fast food brand. “We are very happy to switch to this application that has low inflation risk, is simple to use, is reliable in money transfer transactions, works directly between two people without any intermediaries, and can be carried even on a small memory card,” said Bahar Ozurum, General Manager of Kasap Döner.

How to Pay with Bitcoin? How to Use Bitcoin?

Bitcoin requires a virtual wallet. You can create this virtual wallet on your mobile phone, on your computer, or you can benefit from web services on the internet. You do not need to provide your private information for the wallet you will create. With this virtual wallet you will create, you can receive, send and shop digital money. Technologies such as public-key encryption (asymmetric encryption), point-to-point network connection and proof-of-work are used to verify the payments made in the Bitcoin system. Every transaction is announced to the network and takes its place in the blockchain. Thus, changing hands cannot be used more than once. Using these technologies, Bitcoin provides a fast and highly reliable payment network that anyone can use.