What's Happening in the Cryptocurrency Market? (June 15)

Here are the cryptocurrency news of June 15, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? The cryptocurrency market is very active with the recent news flow. The statements of US President Joe Biden regarding the changes in the tax law, the CBRT's ban on cryptocurrencies from payments, and the addition of crypto asset service providers to the liabilities section by publishing a new regulation with the presidential decision had a great impact on the cryptocurrency market. On the other hand, the negatively affected cryptocurrency market recovered after US Treasury Secretary Janet Yellen said that interest rates may need to increase moderately to prevent the US economy from overheating due to high government spending. However, Bitcoin, Ethereum and other cryptocurrencies were negatively affected by the decline in the US markets. Despite all this, the main blow came from Tesla founder Elon Musk. The decline started when Musk announced that the company would no longer accept Bitcoin as a means of payment due to its carbon footprint. Cryptocurrencies were adversely affected by China's ban on cryptocurrencies and the Bank of Japan's Governor criticizing BTC. On the other hand, the prospect of India accepting Bitcoin and the start of the Bitcoin Mining Council have rebounded slightly. However, on Sunday, Bitcoin fell due to some negative news. The first of these was cited as an investigation by the Executive Directorate of WazirX, the largest cryptocurrency exchange in India, owned by Binance, for money laundering allegations. Secondly, Hasekamp, ​​Head of the Dutch Central Planning Bureau (CPB), was shown calling for a ban on digital currencies. In yesterday's transactions, BTC reached more than 40 thousand dollars, with Elon Musk's announcement that he may allow BTC payments in Tesla, provided that at least 50% of Bitcoin mining is done with renewable energy, and Paul Tudor Jones III once again praised Bitcoin. The rise in Bitcoin was reflected in the entire market.

How Much Is A Bitcoin?

With Elon Musk's "clean energy" tweet about Bitcoin yesterday and Paul Tudor Jones III's praise, Bitcoin once again,Bitcoin reached over $40 thousand. Today, with the emergence of the report of MicroStrategy that it will sell stocks worth 1 billion dollars, BTC started to increase. Bitcoin, which has increased by several thousand dollars in the last hours, reached 40 thousand dollars and set a new peak by reaching the level of 41 thousand dollars for the first time since May 21. Despite seeing $41,000, it has gained 1.70 percent in the last 24 hours and is currently trading at $40,007.9.

What Is The Price of Ethereum?

Alternative cryptocurrencies lagged behind at the beginning of this rise, but later it made similar gains in BTC. Ethereum gained 5% value during the day and reached over $2,600. ETH, which is moving between $ 2,565.02 - $ 2,637.90 during the day, is trading at $ 2,585.05 at the time of writing.

What Is The Price of Ripple?

There was a new development in the Ripple and SEC case today. It has been decided to extend the time period requested by the SEC to investigate documents for Bitcoin, Ethereum and XRP by 2 months. On the day of these developments, XRP was also affected by the increase in Bitcoin, gained 1.25% in the last 24 hours and is currently trading at $ 0.88128.

How Much Was BTT?

BitTorrent has slightly increased with the rise in BTC. BTT, which gained 6.14 percent in yesterday's transactions, increased by 0.43 today. BitTorrent, which is traded in the range of 0.003441 - 0.003581 during the day, is trading at $ 0.003494 at the time of writing.

What Is The Price of CHZ?

Chiliz had a successful performance, gaining 34.34 percent on Friday, June 11th. Affected by Bitcoin's performance today, CHZ has gained 0.85 percent in the past 24 hours. The unit, which moved in the range of 0.272784 - 2.291178 during the day, is currently trading at $ 0.284971.

Recent news

New Decision in SEC-Ripple Case There has been a new development in the legal war that has been going on for months between Ripple and the SEC. Court judge Sarah Netburn approved the request of the US Securities and Exchange Commission (SEC) to extend the investigation period of many years-old documents about Bitcoin, Ethereum and XRP. Netburn gave an additional 2 months to the SEC. MicroStrategy Will Sell $1 Billion worth of Stocks It has been learned that MicroStrategy, which has recently completed a borrowing of 500 million dollars in order to buy Bitcoin, will sell 1 billion dollars worth of stock. In the report submitted by the company to the SEC, it was reported that MicroStrategy will sell 1 billion dollars worth of stock. Stating that there are more than one reason for the said sale, the company said that buying BTC with the funds to be formed is among these reasons.