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The American clothing brand GAP, which owns brands such as

Gap, Banana Republic, Old Navy, Athleta Inc, announced that it has decided to close its stores in Europe. GAP officials stated that such a decision has not been made for Turkey

The company announced that it is preparing to close its 120 stores in Europe for the closure decision that will be effective after July 2021.

Officials, who had great difficulties due to the coronavirus and tried to revive the brand, closed more than 200 stores in Europe and reported that they were considering saving more than $ 80 million annually.

It was announced that the famous clothing store, whose sales fell considerably due to the restrictions brought by the coronavirus epidemic, made a loss of 62 million dollars in the second quarter of this year. According to the statement, it was shared that GAP did not close stores in Turkey during the epidemic, and that transactions such as store closure and dismissal will not be carried out in the upcoming periods.

Jack Ma: The traditional financial system will collapse!

The founder of Russian bank Tinkoff, Oleg Tinkov, announced that he wanted to launch his own crypto currency for fear of “losing ground”.

In a post on his Facebook account this weekend, ‘TinCoin coin.

“Technologically speaking, I feel like we’re losing our ground”

“TinCoin it’s time to take it out…what do you think? We’re almost ready.”

Tinkov did not provide any further details about the TinCoin he was talking about.. If finalized, it would be the first time a Russian bank has announced its own cryptocurrency.

Tinkoff Bank is a solid member of the cross-industry FinTech Partnership in Russia.. Fintech Partnership focuses on researching promising technologies such as Blockchain.

Some of the major institutions involved in Fintech Partnership are Bank of Russia, Sberbank and VTB, as well as QIWI, an electronic wallet platform.

Recently, many government officials in Russia have been making contradictory statements about Bitcoin. These contradictory statements come mainly from the Russian Ministry of Finance.. While the Ministry had intentions to ban Bitcoin to “ordinary investors” and make it legal for expert investors, these intentions changed after a while and progressed to fully supporting Bitcoin. becoming more aware that blockchain technology is something else. Megafon, one of the largest mobile telecoms in Russia, said in a statement yesterday that it made a total of 500 million Rubles ($ 8.6 million) transactions using blockchain technology.

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Famous Russian billionaire Roman Abramovich will invest in digital currencies

Bitcoin spreads quickly, either by word of mouth or through the news.. How much is Bitcoin, the new generation currency that is getting popular day by day? Details about Bitcoin and the answer to the question of how much Bitcoin is in our news. According to the current data, the situation is as follows…

How much is Bitcoin: As of December 4, 2017, 1 Bitcoin is 11.118$
How much is Bitcoin in TL: 11.118 is the current current USD/ Multiply by the TL rate, 1 Bitcoin equals 43,137 TL.. In Turkish markets, it is traded at 46500 TL.

It is useful to drop a footnote here: Bitcoin price may change from stock market to stock market.. The figure given here is the average wage in the whole world.

Why is Bitcoin so expensive?

Bitcoin is often said to be expensive when its price is learned.. The primary reason why Bitcoin is so expensive is the increasing demand all over the world.. It is the simplest economic rule that the value of any good will increase as demand increases.. Therefore, it is very normal for the price of Bitcoin, which is heavily demanded, to increase.. Another factor is speculative movements in the market.. One of the biggest factors affecting the demand and indirectly the price is that it is a new technology product.. You can take a look at our other article to find answers to questions such as how Bitcoin was bought, what it can change in the future, how the need for Bitcoin came out.

For those who just have a new idea about this cryptocurrency, “What is Bitcoin?” To make a definition in line with the question:

Bitcoin is an electronic and encrypted currency that was launched on January 3, 2009 by an unknown person named Satoshi Nakamoto. The importance of Bitcoin is that it is not affiliated with any central bank, government or official institution.. In other words, this currency is not affected by the economic depressions of the states.

It is based on blockchain technology.

How to buy Bitcoin?

Although it is expensive, it will be appreciated in the future. and anyone who believes it will make a profit should invest in Bitcoin. Of course, you should research thoroughly before investing.. You should stay away from investing in anything you don’t feel comfortable with.. If you have decided to invest in Bitcoin, the next step is to focus on How to buy Bitcoin.

There are various methods to buy Bitcoin.. The first thing that comes to mind is Bitcoin exchanges.. There are 4 different exchanges in Turkey where you can buy and sell Bitcoin and Litecoin: BTCTürk, Koinim, Paribu and Bitkapital.. You can buy and sell Bitcoin or Litecoin using TL on any of these four exchanges. BTCTürk currently does not charge commissions from your transactions -this will continue for a few more months-. For details, you can refer to the guide we have published before.

FSB Chief Warns of Cryptocurrencies

Genesis Block Ventures believes it opens the door to great opportunities by acquiring OMG Network.

Genesis Block acquires OMG Network

Honh-Kong based Genesis Block Ventures, Takes over OMG Network. The price paid for OMG Network, previously known as OmiseGo, was not disclosed.

OMG price consolidated around $3.70 after the acquisition.

OMG plans of Genesis Block

On December 3, Hong-Kong-based Genesis Block Ventures (GBV) ) Ethereum , Plasma scaling platform announced to acquire OMG Network

OMG Network works as a trusted, unattended Layer-2 scaling platform for Ethereum.

According to a statement from Genesis Block Ventures (GBV), the company plans to develop partnerships in the Asian market by accelerating the development of OMG Network..

GBV also reported that they have established a deep network of relationships with the DeFi space in this process and are also affiliated with leading crypto exchanges Binace and FTX ..

On December 7, GBV partner Clement Ip, who attended the Boxmining livestream, said that during the DeFi boom, transaction fees have peaked and trading on Ethereum has become uneconomical..

IP is of the opinion that Ethereum is permanent, but scaling on DeFi needs to be increased in order to move beyond the current state..

Increasing the number of GBV cryptocurrency ATMs and fast transaction with low fees via OMG Network pursuit of realization.

OMG coin’s reaction to developments

OMG Network’s native token OMG coin rose on December 4 following the announcement. OMG, which has reached its highest value in the last three months, traded just under $ 4.5. OMG coin was later pulled up to $3.7.

OMG, which caught its highest value with $25 in January 2018, is well below the ATH level like many altcoins of the 2017 period.

Ethereum (ETH) technical analysis: Where is the ideal uptake level of Ethereum?

Source

How will the XRP reserve affect Ripple’s future?

Almost all of the Middle Eastern countries know about cryptocurrencies, and the United Arab Emirates and Dubai are known as two of the countries that take the most steps in cryptocurrencies. It is known that the citizens of the countries that earn the most from cryptocurrencies in the world are the USA, because all crypto money rich people are people living in the USA and those who are US citizens, not in South Korea or China. The reason behind the situation is that Americans earn a very high income compared to almost the whole world, and that the entire world economy is managed from the USA. Because the fact that US investors are the first to reach the explanations of thousands of sources and thousands of analysts today, it is very clear that these people can make more profit from Bitcoin and similar cryptocurrencies and allow them to multiply their investments faster.

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Americans Earn Top Level

South Koreans are estimated to be ambitious investments and thinking about earnings, right behind US people who earn the most from cryptocurrency. It is possible to say that Turkish investors, on the other hand, have good earnings as citizens of the only country that behaves well and wisely according to the regional conditions.

Imams Dismissed Over Allegations of Bitcoin Trading Speak for the First Time

As cryptocurrencies are more popular and more prominent in the number of people who were worried before they had cryptocurrencies, some worries have gone away on their own. Investing in cryptocurrencies, owning cryptocurrencies and owning Bitcoin is the dream of many today, but the number of people who want to fulfill this dream but cannot get cryptocurrency because of their worries is still one.

Although these people want to invest, they hesitate to invest because of their worries and fears, and as a result, they regret a lot when they do not invest when there is a price increase.

Do not be afraid, Small But Gradual Investment Do

There is no need to be afraid of owning cryptocurrencies. This investment, which you can withdraw at any time, is both safe and an investment that only belongs to you and that you can earn a lot of profit. All risks regarding investment and profit and loss belong to the buyer 100%.

Market.space Aims to Reinvent Hosting and Content Delivery

Gold bullion is lost at sea, as well as $100 bills can burn, and Bitcoins disappear forever on the Internet.

After all 21 million Bitcoins are mined by 2040, the amount available to trade or spend

According to new research from Chainanalysis, which studies the Bitcoin blockchain, 3.79 million Bitcoins have already been lost. This is the highest figure possible.

In the research prepared with the analysis on the chain, it was noted that the number of lost Bitcoins was at least 2.78 million, although an exact figure could not be determined. It shows that 17 percent to 23 percent of Bitcoin, which is worth 10 thousand dollars, has disappeared.

The increase in the number of lost Bitcoins will continue

It is certain that the increase in the number of lost Bitcoins will continue in various ways in the future. But the number of lost Bitcoins will be proportionally lower every day. Because they are very valuable, people will be more careful when using them. They will not be wasteful like Howells, who threw away his hard drive, which he forgot contained 7500 Bitcoins.

The clients of Chainalysis include institutions such as the IRS and Europol. That’s why this research of the company is worth considering.

Donations rained down on that young person who removed the "Buy Bitcoin" sign right behind Yellen

The first name that comes to mind after Bitcoin in the cryptocurrency industry is undoubtedly Vitalik Buterin’s Ethereum. The price of Ethereum, which is always on the attention, has reached an all-time high by 35% in 24 hours. recorded an increase. Ethereum price has reached a new all-time high.

According to Coinmarketcap data, Ethereum price, which started at $ 500 on Tuesday with the rise that started 24 hours ago, reached a new record level of $ 635 in the evening. At the time the article was written, it is trading at $ 620. On Tuesday, when the chart is on, the total market cap of cryptocurrencies reached a record level of $ 500 billion.

The record holder of recent days, Litecoin, continued its rise today, trading at the level of 327 dollars with an increase of 75%.

The reason for the increase in most of the cryptocurrencies is the positive news in the markets and especially the increase in the value of Bitcoin. Showing positive news from futures exchanges such as CBOE and CME.

John McAfee: Bitcoin scares governments

Loci’s ICO process has started, securing your patents with Blockchain. While the state of the patent industry may seem drained for some, patent litigation is a headache from small businesses to giant corporations.. Patent hoarders continue to have a say in the industry as intellectual property fees soar and mega-corporations focus on the shape and function of devices.. The current situation and these fundamental problems can harm new entrepreneurs.. Fortunately, former auto racing engineer John Wise and Blockchain developers are actively working to solve these problems.

Loci aims to provide inventors and entrepreneurs with revolutionary new ways to protect their products and ideas. is a technology company committed to. The company that created its own cryptocurrency will be able to validate what its patent-searching users are doing, and will be able to supplement some of the traditional procedural cost with legal advice and licensing. working. Coming from the “high-octane world” of automotive engineering, seeing inventors and creative engineers disenfranchised by the patent process, Wise realized that many of the best ideas were lost and not implemented.. “These jobs, which are often expensive and laborious, sometimes cost hundreds of thousands of dollars,” he said in a statement.. And once money is spent, there is no guarantee of intellectual property.. The old patent industry has made almost no progress in a hundred years. The documentation process can take up to seven years; It’s obvious why so many products contain the phrase “Patent pending”.

For example, imagine you are a software engineer who has found a line of code that could disrupt the entire operation of Facebook.. Right now you have to pay huge sums to lawyers who will investigate whether the idea is really new and patentable.. Even if you try to save money by doing all this yourself, it will be an exorbitant waste of time.. Brian Hwang, COO of Loci, points out that the “America’s Inventions Act” prioritizes the first to document a patent and the transparency issue that occurs an average of 16 months before documents are released.. As a result, people are hastily trying to document their patents.. For this reason, patents can be weakened and invalidated; face serious legal fees that must be paid. In some cases, even if the filing and patent process is successfully completed, a file opened by someone else a few months ago to patent the idea may emerge.. Hwang also thinks that the current system is deterring ordinary people from the idea of ​​patenting their big ideas.

Loci’s InnVenn platform simplifies patent research by graphing the idea/product owner’s keywords in a Venn Diagram. InnVenn also uses artificial intelligence learning so that 2.1 million US patents can be included in every chart created, meaning it can be trained by users.. Loci is challenging this by entering the market with a product that already works and a clearer vision of how to scale and implement its plans.. Time will tell if they can achieve their goals, but it’s definitely a company worth watching.

ICO Opportunities Continue

Loci’s December 2017 While the net price of the first round will be determined as $0.33 in token sales to be made over four rounds in , this amount will increase to $0.75 in the fourth round.. The base rate is $2.50 per round.

Tokens will be distributed as follows: Of the total 100 million LOCI coins, 50% are backers, 34% are for purchasing Patents and rewarding platform users, 11% and will be spent on the team, consultants and partners.. The remaining 5% will form a non-profit fund.

Loci’s token sales will run from December 6 to 31, or until the $19 million hard cap is reached.

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For More Detailed Information :

Web: https://locipro.com/

White Paper: https: //locipro.com/wp-content/uploads/2017/12/loci-full-whitepaper.pdf

Telegram: https://t.me/Loci_InnVenn

E-Mail: [email protected]

Cryptocurrency News is based on the information in the article and the related product or not responsible for any damage, loss or loss related to the services. Cryptocurrency news recommends readers to carefully do their own research about the company, product or service mentioned in the article.

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India Working on Official Cryptocurrency

Sezgin Baran Korkmaz, whose assets of him and his company SBK Holding were confiscated due to money laundering crime, rebelled against the news made by the websites. Korkmaz said, “Look, nobody is my brother, good luck man, thousands of people are working, providing scholarships to hundreds of students, schools are building hospitals, look, the man does not say that he is making new investments before the end of each month”

He denied the news on social media

Sezgin Baran Korkmaz and SBK Holding, who were going through difficult times, stated that white and black were separated in bad days and there were evil hearted people.. In addition, Korkmaz made the following statement regarding the news about him as “a product of imagination” and stated:. Those who serve these fake news should know that their enthusiasm will remain in their crops.. I will continue to invest in my country’s economy, development and production without slowing down.

The most important thing I see at this time is that people enjoy the failures or failures of others, not their success.. It’s only because they’re wicked mischief. I say God bless everyone’s heart.

We couldn’t succeed in a group where thousands of people were working just because you were jealous of Baran.. I pray God heal your heart. Because God gives according to everyone’s heart.

For everyone I wonder, an American love has begun, no one, my brother, good luck man, look at the man, thousands of people work, he gives scholarships to hundreds of students, schools build hospitals, look man every month Why doesn’t he say he’s making a new investment before it’s over!!!!!!!! Because they can’t do it themselves…..

The funny thing is that most of those who talk secretly because the scam has exploded, the country is sinking behind the back doors. We have bought companies abroad (made up) in spite of the credits that smuggle money from the country, I have full faith that I will invest my last penny in production and employment in my country.

I will continue to abide by your sincere messages from thousands of Anatolian people, who do not know me but see me as a member of their own family and are proud and happy.. May God not embarrass me with you

The only thing you are right about is that the story I told started with me.. Because what I have left from my father or grandfather is the story of kavılca wheat, which grows only in the arid lands of my village, and I always take it as an example.

The thought that investment in Turkey has come and will continue to come must have disturbed some people,  all in unison trying to make the incoming capital questionable.

Note: Every penny of capital has come with the permission of American authorities and banks.

Migros announced a loss of 154,405,000 TL in the second quarter of 2020