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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
Binance Buzz. Part 2. What or Who is Behind the Info Attack against World's Largest Crypto Exchange?
Dec 19, 2022
Through the week, information attacks on Binance grew. CZ, Binance's CEO, was forced to take the defensive and busi...
FTX Collapse: Valid Reason of Deep Concern, but Not Real Evidence of Crypto Industry’s “Fundamental Failure”
Nov 29, 2022
As we all know, in a slew of very unfortunate events, which some call “the coldest crypto winter on record” (but we...
Terra’s LUNA Do Kwon Believed to Keep Undertaking Efforts to Recover his Frozen Funds
Sep 26, 2022
The prosecutor's office in Southern Europe has decided to freeze about $67 million or 3,313 bitcoins related to Kwo...
House of Representatives’ Stablecoin Bill Puts Two-Year Ban on Terra-Like Algorithmic Coins
Sep 21, 2022
According to Bloomberg, regulatory legislation for stablecoins is being drafted in the House of Representatives and...