Kripto Raporu

📰 KRİPTO RAPORU | 3 EYLÜL Bitcoin, Fed'in eylül toplantısına ilişkin faiz artırım beklentilerinin gerilemesiyle $81K'nın üzerine çıktı. 👇 Öne çıkan başlıklar: ▪️ Bitcoin gün içinde $81.200'e kadar yükselerek Mayıs ayından bu yana en yüksek seviyesine ulaştı. ▪️ Fed Yönetim Kurulu Üyesi Christopher Waller, enflasyon düşmeye devam ederse eylül toplantısında faizlerin sabit tutulmasını destekleyebileceğini söyledi. ▪️ Eylül faiz artırım beklentisi yaklaşık %70'ten %50'nin altına geriledi. ▪️ ABD 10 yıllık tahvil faizi yaklaşık %4,75'e gerilerken dolar endeksi 99'un altına düştü. ▪️ ABD ISM Hizmet PMI 55,4 ile beklentiyi aşarken yeni siparişler 60,9'a yükseldi. Fiyat baskıları ise 72,6 ile yüksek kaldı. ▪️ $BTC 50 haftalık hareketli ortalamasının üzerine çıktı ve günlük grafikte golden cross'a yaklaşıyor. Piyasanın odağı: Yarın açıklanacak ABD tarım dışı istihdam raporu ve gelecek haftaki CPI verisi.

📰 Crypto Report | September 2 Bitcoin tested the $77K level as renewed escalation in US–Iran tensions and an acceleration in global bond selling pushed prices lower. 👇 Key highlights: ▪️ As US–Iran attacks resumed, Brent crude rose above $95 during the day. ▪️ Bitcoin fell below $77K and Ethereum slid below $2,400; approximately $115M in long positions were liquidated within an hour. ▪️ Around $236M net outflows came from US spot $BTC ETFs; about $201M of the outflows were from BlackRock IBIT. ▪️ Meanwhile, $ETH ETFs continued their 12-day positive streak with roughly +$11M in inflows. ▪️ US ADP private-sector employment came in at +38K, below the +47K forecast. ▪️ The Bank of Canada kept its policy rate unchanged at 2.25%, as expected. ▪️ The SEC will hold a 24-hour trading meeting to assess a continuous trading model in US markets and proposed new rules regarding blockchain-based securities recordkeeping. Market focus: the impact of the Iran tensions on oil prices and the US nonfarm employment data due on Friday.

📰 Crypto Report | 1 SEPTEMBER Bitcoin consolidates in the 78K range, while on the macro side interest rate hike risks stand out; on the corporate side, the ongoing ETF demand comes to the fore. 👇 Key headlines: ▪️ Fed Governor Michael Barr said that if inflation does not cool quickly enough, it may be necessary to raise rates again. ▪️ US spot Bitcoin ETFs saw approximately $217 million in net inflows on Monday. ▪️ Spot Ethereum ETFs received about $88 million, reaching a positive streak of 11 trading days. ▪️ Robinhood Chain topped the blockchain revenue leaderboard in the last 24 hours with roughly $1.92 million in revenue. While speculative token activity on the network stands out, $ARB rose by more than 30%. ▪️ Eurozone inflation rose to 3.3% due to the impact of energy prices. ▪️ US ISM Manufacturing PMI came in below expectations at 54.6, while JOLTS job openings rose to about 7.27 million. Focus of the market: the ongoing ETF demand amid continued Fed rate-hike rhetoric, and the US employment report to be released on Friday.

📰 Kripto Raporu | 31 Ağustos Bitcoin, yükselen faiz ve jeopolitik risklere rağmen 78K bölgesinde tutunurken kurumsal kripto alımları yeniden hızlandı. 👇 Öne çıkan başlıklar: ▪️ Eylül Fed toplantısında 25 bp faiz artırımı ihtimali Fed funds futures piyasasında yaklaşık %58'e yükseldi. ▪️ Fed Başkanı Kevin Warsh, küresel tasarruf fazlasının yerini güçlü bir küresel yatırım dalgasına bıraktığını söyledi. ▪️ Strategy, yaklaşık iki aylık aranın ardından 4,603 $BTC 'yi $369.7 milyon karşılığında satın aldı. Şirketin toplam BTC varlığı 845,050'ye yükseldi. ▪️ BitMine, 53,501 $ETH (~$131M) alarak hazirandan bu yana en büyük Ethereum alımını gerçekleştirdi. ▪️ ABD ve İran arasındaki çatışmanın yeniden tırmanmasıyla Brent petrol $90'ın üzerine çıktı. ▪️ Çin resmi imalat PMI'ı 49.2'den 49.8'e yükseldi, ancak sektör hâlâ daralma bölgesinde. ▪️ Almanya enflasyonu enerji fiyatlarının etkisiyle %2.8'den %2.9'a yükseldi. ▪️ Robinhood Chain bir günde 5.52 milyon işlem ve ~$875 milyon DEX hacmi kaydederken 22,600 yeni token oluşturuldu. Ağdaki uygulama gelirleri Ethereum'u geçti. (CoinDesk)

Kripto Raporu | 30 Ağustos Bitcoin cuma günkü geri çekilmenin ardından yeniden 79K bölgesine yükselirken kurumsal taraftan yeni sinyaller geliyor. 👇 Öne çıkan başlıklar: ▪️ Michael Saylor'ın “We’re Back” paylaşımı, Strategy'nin 22 Haziran'dan bu yana ilk kez yeniden Bitcoin almış olabileceği beklentisini yarattı. Henüz resmi alım açıklaması yapılmadı. ▪️ 10 yıldan uzun süredir hareketsiz altı Bitcoin cüzdanı yaklaşık 553,6 BTC ($40M) taşıdı. Transferlerin büyük bölümü bilinen borsa adreslerine gitmedi. ▪️ Profesyonel kripto market maker'ları Bitcoin'in yönüne agresif pozisyon almak yerine hedge edilmiş stratejilerle piyasa getirilerinden faydalanıyor. ▪️ Charles Schwab, $SOL $AVAX ve $LINK işlemlerini önümüzdeki aylarda platformuna eklemeyi planlıyor. ▪️ ABD Başkanı Trump, Stratejik Petrol Rezervi'nin Venezuela petrolü kullanılarak yeniden doldurulacağını açıkladı. ▪️ Tayland, yerel spot Bitcoin ve Ethereum ETF'leri için düzenleyici çerçeveyi ilerletiyor. CoinDesk

Haftanın Ekonomik Takvimi | 31 Ağustos – 4 Eylül Bu hafta ekonomik takvimin kripto paralara etkisini birlikte takip edelim, postu kaydetmeyi unutmayın. Yeni haftanın ana konusu ABD iş gücü piyasası olacak. Özellikle cuma günkü tarım dışı istihdam verisi Fed beklentileri üzerinden Bitcoin'de volatilite yaratabilir. 1 Eylül Salı 🇺🇸 ABD ISM İmalat PMI Önceki: 55,6 | Beklenti: 55,3 JOLTS açık iş pozisyonları Önceki: 7,359M | Beklenti: 7,39M Salı haftanın ilk ciddi ABD testi. Güçlü JOLTS + güçlü ISM, Warsh'ın şahin mesajlarının ardından faiz beklentilerini yeniden yukarı taşıyabilir. 2 Eylül Çarşamba 🇨🇦 Kanada Merkez Bankası faiz kararı Mevcut: %2,25 | Beklenti: %2,25 Piyasa değişiklik beklemiyor. Bu nedenle karar kadar BoC'nin ileriye dönük mesajları önemli olacak. 3 Eylül Perşembe 🇺🇸 ISM Hizmet PMI Önceki: 54,1 | Beklenti: 54,1 ABD ekonomisinin en büyük bölümünü oluşturan hizmet sektörünün dayanıklılığı Fed açısından önemli. 4 Eylül Cuma - HAFTANIN EN ÖNEMLİ GÜNÜ 🚨 🇺🇸 ABD Tarım Dışı İstihdam Önceki: -23K | Beklenti: +45K ABD İşsizlik Oranı Önceki: %4,1 | Beklenti: %4,2 Kripto açısından izlenecek zincir: Zayıf istihdam + yükselen işsizlik = Fed üzerindeki sıkılaşma baskısı azalabilir & tahvil faizleri/dolar gerileyebilir VE $BTC için pozitif. Beklentiden güçlü istihdam = Warsh'ın şahin duruşunu destekleyebilir & faizler yükselir & BTC üzerinde baskı oluşabilir. Bu nedenle cuma günü 15:30 Türkiye saati civarı haftanın en önemli volatilite penceresi olacak. Haftanın ana verisi: ABD Tarım Dışı İstihdam, DİKKAT

Crypto Report | 29 August As Bitcoin entered the weekend in the 77–78K range, significant changes were seen in macro and institutional flows. 👇 Highlights: ▪️ The 9-day positive streak in US spot Bitcoin ETFs ended. Approximately $202 million in net outflows occurred on Friday. ▪️ In August, total net inflows into Bitcoin ETFs remained at around $3.3 billion despite the most recent outflow. ▪️ Fed Chairman Kevin Warsh said at Jackson Hole that inflation is the Fed’s top priority and that there is “work to be done” to reach the 2% target. ▪️ Following Warsh’s hawkish remarks, expectations for a rate hike strengthened, and bond yields rose. ▪️ Six Bitcoin wallets that had been inactive for more than 10 years carried about 553.6 $BTC (around $40 million). Transfers from five wallets did not go to known exchange addresses. ▪️ According to Galaxy Research, old/dormant Bitcoin activity fell to the lowest level since 2022 in Q2.

Daily Crypto Report | August 28, 2026 Bitcoin fell back below $79K after a speech by Federal Reserve Chair Kevin Warsh at Jackson Hole. 👇 Highlights: ▪️ Fed Chair Kevin Warsh said that inflation is still the Fed’s top priority and that there is “work to be done” if progress toward the goal is not fast enough. ▪️ After Warsh’s remarks, bond yields rose and Bitcoin slid to around the $78.7K level. ▪️ About $6.4 billion worth of 81,700 $BTC options contracts expired today. ▪️ Bitcoin futures open interest is declining after the latest rally; leverage on the market has been somewhat cleaned up. ▪️ For the U.S. nonfarm payrolls, the March 2026 benchmark was revised ahead by -79K. ▪️ Canada’s economy grew by 3.3% annualized in Q2. ▪️ Ripple-backed XRP treasury company Evernorth has inched closer to a shareholder vote on the Nasdaq path. The main takeaway for today is clear: Warsh’s hawkish inflation message and the market’s re-positioning following the $6.4 billion BTC options expiry.

Daily Crypto Report | 27 August While Bitcoin retests the 80K area, ETF demand remains strong; however, the market is facing a critical 80K–82K supply wall. 👇 Key highlights: ▪️ US spot Bitcoin ETFs completed their eighth consecutive positive day with net inflows of about $232 million. The eight-day total inflows are around $2.8 billion. ▪️ About 8% of the Bitcoin supply has been acquired in the 80K–82K range. The average cost of ETF investors is also close to the same zone. ▪️ Bitcoin’s 50-week moving average is around the 81.1K level. Therefore, the 80K–82K zone is a significant resistance area both technically and on-chain. ▪️ On Friday, Bitcoin options contracts worth roughly $6.4 billion will expire. Volatility may rise ahead of the larger expiry. ▪️ Diplomatic talks are ongoing between Iran and Oman regarding the Strait of Hormuz. As concerns about energy supply ease, pressure on oil prices may lessen, potentially creating a supportive macro environment for risky assets.

ABD's critical data was released. So what does it mean for crypto? 👇 Wednesday, August 26 | US Data ▪️ Core PCE: 0.2% → expectation: 0.2% ▪️ Q2 GDP second estimate: 1.5% → expectation: 1.5% ▪️ Personal income: 0.4% ▪️ Personal spending: 0.2% Core PCE came in line with expectations, but the annual core inflation remained at 3.3%. Crypto impact: With no major upside inflation surprise, it’s initially reassuring for $BTC. However, the 3.3% year-over-year Core PCE is still well above the Fed’s 2% target. Therefore, the data doesn’t send a “the Fed can cut rates comfortably” message.

Crypto Daily Report of the Day | After Bitcoin rose by approximately 23% in seven days on August 26, it is consolidating in the 78–79K range. 👇 Key highlights: ▪️ US Core PCE came in line with expectations at 0.2% month-over-month. Annual core inflation remained at 3.3%. ▪️ The US economy’s Q2 growth was reported as 1.5% annualized in the second estimate. ▪️ While demand for Bitcoin ETFs remains strong, net inflows in August exceeded $3 billion. ▪️ A Bitcoin options contract of approximately $6.4 billion expires this Friday. Due to the large expiry, volatility could increase. ▪️ As Bitcoin pulls back from the 81K zone, it is consolidating around 78–79K. ▪️ Ethereum developers proposed the first step to protect staking infrastructure against future quantum attacks. ▪️ Bernstein expects Bitcoin could reach the $150K level by mid-2027. Today’s main topic: ETF demand supports the market, but overly optimistic sentiment + 81K resistance + the massive options expiry on Friday keep the risk of near-term volatility high.

Daily Crypto Report | August 25 While Bitcoin tests the $81k level, ETF inflows and major short liquidations are driving the main agenda in the crypto market. 👇 ▪️ US spot $BTC ETFs recorded a net inflow of $337.56 million on Monday. Reaching a positive streak of 6 trading days, the same day saw $115.57 million in inflows into Ethereum ETFs. ▪️ While Bitcoin rose as high as $81,265, it met selling pressure around the 50-week moving average. In the latest rally, futures open interest falling to the lowest level in five months suggests that a significant portion of the move was driven by the closing of short positions. ▪️ US spot Solana ETFs logged the largest daily inflow of the year at $33.5 million on Monday. The positive streak is 5 days, and cumulative net inflows reached a record $1.22 billion. ▪️ In the US, tomorrow the July Core PCE data will be released. Ahead of the inflation indicator closely watched by the Fed, volatility and position adjustments are being monitored in the markets. ▪️ According to Bloomberg, the US administration is considering an additional 7.5% tariff on Chinese goods. Reuters could not independently verify the report. Canada announced that new retaliatory tariff measures against US goods will take effect on September 8. Market focus: whether ETF inflows will continue, and the Core PCE data to be released tomorrow.

Daily Crypto Report | August 24 Bitcoin, after last week's 23% rally, is again testing the 79K level while new developments are taking place on the institutional side. 👇 Highlights: ▪️ US spot Bitcoin ETFs recorded net inflows of approximately $1.92 billion last week, while Ethereum ETFs saw $697 million in net inflows. ▪️ As $BTC moves back toward the 79K area, the 81K–82.8K range remains a technically significant resistance zone. ▪️ Solana validators are voting on new proposals that could reduce the growth of SOL supply. One of the proposals could increase daily SOL burning from about 650 SOL to the 7,500–9,000 SOL range. ▪️ BitMine bought 32,447 $ETH worth about $81 million last week. The company's total Ethereum holdings are approaching 5.85 million ETH. ▪️ Strategy raised around $2 billion in capital but did not make any new Bitcoin purchases last week. The company's BTC holdings remained at 840,447 BTC; total dollar liquidity rose to $6.69 billion.

Economic Calendar of the Week & Impact on Crypto (24 - 28 August) - Save it, let’s track the market together. This week, the most important headlines for the crypto market will be the US inflation data and Fed Chair Kevin Warsh’s Jackson Hole speech. 📌 Tuesday, 25 August • Minutes of the Reserve Bank of Australia meeting • Germany Ifo Business Climate While it will be followed in terms of global risk appetite, its direct impact on crypto may be limited. 📌 Wednesday, 26 August | 15:30 🇹🇷 • US Core PCE — previous: 0.1% | forecast: 0.2% • Durable Goods Orders — previous: 0.3% | forecast: 0.7% • US Q2 GDP, second estimate — previous: 2.1% | forecast: 1.5% • Personal Income — previous: 0.2% | forecast: 0.3% • Personal Spending — previous: 0.3% | forecast: 0.2% This is the first big volatility window of the week. 🔴 If Core PCE comes in above expectations → inflation worries rise → bond yields/USD rise → pressure could build on $BTC. 🟢 If it comes in below expectations → rate-cut expectations may strengthen → risk appetite increases → could be priced more positively for crypto. 📌 Thursday, 27 August • Germany GfK Consumer Confidence Direct impact on crypto is expected to remain limited. 📌 Friday, 28 August • Canada Q2 GDP — 15:30 🇹🇷 • Fed Chair Kevin Warsh — 17:00 🇹🇷 • US Non-Farm Employment annual prior revision — 17:00 🇹🇷 In Warsh’s Jackson Hole messages, special attention will be paid to the tone regarding inflation, rate cuts, and financial conditions. 🔴 More hawkish Fed → bond yields/USD rise → risk of pressure for crypto. 🟢 More dovish Fed → rate-cut expectations rise → could be supportive for risk assets. 🎯 The week’s most critical day: Wednesday, 26 August. PCE + growth data may reprice Fed expectations; on Friday, Warsh’s speech will show how much these expectations are supported by the Fed.

Crypto Daily Report | August 22 Bitcoin, after rising by about 25% in a few days, is consolidating in the $77K zone. 👇 Key highlights: ▪️ The U.S. Treasury increased its long-term bond repurchases from $2 billion to $4 billion per transaction. The decline in long-term yields was one of the catalysts for the $BTC rally. ▪️ U.S. spot Bitcoin and Ethereum ETFs ended the week with strong net inflows. Institutional demand for BTC ETFs clearly accelerated throughout the week. ▪️ In the latest rally, more than $4 billion in crypto short positions were liquidated. The short squeeze significantly accelerated price movement. ▪️ The use of stablecoins in micro-payments by AI agents is growing. Coinbase's x402 network has processed over 165 million payment transactions. ▪️ Zcash - $ZEC , along with developments in Grayscale’s spot ETF conversion process and heavy derivatives trading activity, broke above the $800 level. The ETF has not yet been approved by the SEC.

Crypto Daily Report | August 21. For the second day in a row, strong inflows occurred into spot Bitcoin and Ethereum ETFs. Total daily inflows reached approximately $800 million. 👇 Featured Highlights: • The U.S. Dollar Index fell by about 1% on the week, approaching the lowest levels in three months. • While U.S. index futures remained positive, major indices stayed in negative territory on a weekly basis. • There is no net data confirming a direct shift of capital from stocks to crypto. In the divergence on the crypto side, ETF demand and a weakening dollar stand out. • $XRP outperformed $BTC and $ETH in weekly performance. • The Crypto Fear and Greed Index continues to remain in the “Greed” zone.

Daily Crypto Report | August 20 In the FOMC meeting minutes, most members supported keeping interest rates unchanged. Three members wanted a 25 basis point increase. 👇 Key highlights: • The Fed indicated that renewed tightening might be necessary if inflation remains high. Rate cut expectations were not supported. • The U.S. Treasury said it could increase long-term Treasury bond buybacks beyond the previously announced level. • As Treasury yields and the dollar declined, demand strengthened for gold and crypto assets. • There were inflows of $517 million into spot Bitcoin ETFs and $189 million into Ethereum ETFs. • The rise in Bitcoin was supported not only by spot ETF demand, but also by the closing of leveraged short positions. • The Fear & Greed Index moved into the “Greed” zone. • Political statements suggesting the U.S. could directly buy $BTC boosted expectations. No confirmed purchase has been found yet.

Crypto Daily Report | August 19 FOMC minutes will be released at 21:00 Turkey time. The market will focus on inflation and interest rate hike messages. 👇 Key highlights: • The US Treasury supported market liquidity by increasing long-term bond buybacks. • Spot crypto ETF flows remained positive on Tuesday as well. Institutional demand carried over to the second day. • During Bitcoin’s rise, approximately $1.4 billion worth of $BTC short positions were liquidated. • While risk appetite in the stock markets supported crypto, the South Korea KOSPI index fell 5.8%. • Airdrop activities in AI projects picked up again. This move suggests speculative capital is shifting toward AI-themed altcoins, but it has not yet confirmed a lasting altcoin season.

Crypto Daily Report | 18 August The markets focused on the FOMC minutes to be released on Wednesday. 👇 Key headlines: • Spot crypto ETFs started the week with $131.1 million in net inflows. • Global bond yields rose. The U.S. 30-year Treasury yield reached its highest level in more than 19 years. • Rising Treasury yields limit liquidity allocated to risk assets while increasing Bitcoin’s opportunity cost. • The U.S. strategic petroleum reserve fell to 293.4 million barrels, the lowest level since 1982. • Shipping traffic through the Strait of Hormuz slowed significantly. Not extending the 60-day period between the U.S. and Iran increased the risk premium in energy markets. • BlackRock viewed the recent $BTC pullback as a position-driven move. There is no notable change in the firm’s long-term investment approach.

Crypto Daily Report of the Day | August 14 Main theme in the markets today: Despite growth weakening, inflation and interest-rate risk never fully disappeared. 👇 Highlights: • U.S. producer prices were unchanged month-over-month in July. However, the core gauge, excluding food, energy, and trade, rose by 0.4%. • U.S. retail sales fell by 0.6%, signaling cooling on the consumer side. • Consumer sentiment in Michigan fell short of expectations, coming in at 51.0. • Rising oil prices and higher U.S. Treasury yields increased pressure on risk assets. • Fed official Beth Hammack continues to favor a tighter monetary policy. Hammack had voted in favor of a 25 basis-point rate hike at the July meeting. • Strategy objected to the MSCI index approach for companies holding digital assets. A possible exclusion from the index could affect passive fund demand for MSTR. • Crypto ETF flows turning negative suggests that institutional demand has weakened. $BTC