News with the tag "Turkish Lira"

Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announceme...

According to an analysis by Kaiko, Turkish Lira (TRY) crypto volume market share peaked at 19% in early June. The post Turkish Lira Crypto Volume Hits ATH Amid Currency Depreciation appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their wealth, Turks are increasingly turning to gold, with smugglin...

The Central Bank of the Republic of Türkiye (CBRT) has completed phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry The post Turkish Central Bank Completed First Phase Of Its Digital Turkish Lira appeared first on BitcoinWorld .

Turkey is focused on the development of the digital identity system, digital currency system, abstraction layer, service layer, and wallet. The post Turkey Publishes Report on its First Phase of CBDC Development appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing ...

The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.

75% of all fiat volume in Binance, the largest cryptocurrency exchange by client count, is dominated by the Turkish Lira (TRY). At this rate, Kaiko, a blockchain analytics firm, confirms that the Turkish Lira is the most preferred currency, pointing to a shift in the global dynamics, especially rega...

In August, inflation in Turkey surged to 58.9% year-on-year, marking the highest rate since December 2022, as per official data released on Monday. Prices have soared nearly 60% compared to the same period last year, and there was a 9.1% increase compared to the previous month. This rapid rise in pr...

In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were u...

Bitfinex, a leading crypto trading platform, has announced a partnership with Vakıfbank, Turkey’s second-largest bank, to offer zero-cost deposits for customers in Turkey. This integration allows Turkish customers to deposit Turkish Lira (TRY) directly into their Bitfinex accounts without any fees, ...