Bitcoin Back to $28,000 – Ethereum ETFs Available – Honda to Accept Crypto Payments

Ethereum ETFs Available

Bitwise is preparing to launch Ethereum products on the exchange after receiving approval last week. The Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) will list on the US exchange today. Following Bitwise, Ethereum products from VanEck, Valkyrie, Hashdex and Volatility Shares are expected.

Honda to Accept Payments with Cryptocurrencies

Honda, the famous Japan-based automotive giant, announced that it will accept payments with cryptocurrencies. Honda announced that payments will be accepted in SHIB and XRP.

VanEck to Donate Part of Ethereum Strategy ETF

VanEck received approval for the listing of the Ethereum Strategy ETF and launched its efforts last week. VanEck announced that it will donate 10% of the profits from the fund to 152 core protocol participants known as The Protocol Guild.

User Activity Rising on Uniswap

Uniswap user activity data continues to be bullish. Strategic cooperation continues in the protocol, which recently reached the 300 million swap milestone. Protocol recently announced their collaboration with Zero Protocol.

Solana TVL Data at Record Level for the Year

In Solana, there had been a 60% loss of TVL data since the beginning of 2022. The asset data, which has been locked on Solana with its recent price movement and positive news, managed to reach the highest level of 2023 with $ 337 million.

SBF to Stand Trial

Sam Bankman Fried, former CEO of FTX, will appear in court today. During the trial of SBF, which has many accusations against it, movements can be seen in FTT and all cryptocurrencies.



Bitcoin is priced at $ 27,974 with a 0.06% loss in value as of today morning hours. We see that there was a significant rise in crypto assets that spent the weekend positively, and we see a 3% rise in Bitcoin, especially in the 4-hour bar before the close on Sunday. While the realization of the 27,700 break presents a very positive image, we can say that the 27,600 level will serve as an important support in Bitcoin. In case of a re-test here, the strong outlook could push the price higher. At the same time, the PMI and employment data coming this week, as well as the many Ether ETFs that will be launched this week, and some of the lawsuits and applications expected to be announced could have a heavy impact on pricing.


ETH, which lost 0.81% as of morning hours, is priced at $ 1719. With the rise seen in the market in Ethereum, we see that the 1700 level was exceeded and there was some retracement after the rise up to 1750. While Ethereum sees selling pressure from the resistance zone after the rise, we can say that 1720-1700 and 1670 levels will be critical in pricing, respectively. In case of a rise, 1750 and 1780 levels will work as resistance. The movements to be seen in the ETFs to be listed today will be very important.


XRP is priced at $0.5200 with a 0.78% loss in value as of morning hours. Ripple made a significant rise on Friday, reaching as high as 0.55 before reversing. We can say that the effects of the positive pricing seen in the market were not seen in XRP, which returned to 0.52 levels with the selling pressure seen afterwards, and that it diverged negatively compared to the market.


AVAX is priced at $ 9.68 with a 0.72% loss in value as of morning hours. As expected, Avax made a significant price move with the positive pricing seen in Ethereum. If the 9.80 zone can be broken in Avax, which has been negatively differentiated from the market for a long time, we can say that the price will see $ 10 levels after a 25-day break. We think that the pullback we have seen in Avax for now is a normal selling move and that Avax could continue to rise if the market can remain strong.


SOL is pricing at 24.15 with a 1.13% gain as of morning hours. While Solana had one of the best price movements yesterday, we see that it has realized a 20% rise as of 15.00 p.m. We think that our critical target level in Solana is 25 dollars and that 24 and 23.50 may be critical in retreats. In the medium term, the $26 break can be seen as the most important target.


As of morning hours, LINK is pricing at 7.978 with a 0.98% loss in value. After its positive divergence, LINK seems to have transitioned to a period of accumulation. LINK, which saw selling pressure before reaching 8.40 resistance, re-tested 7.80 and started to rise from there. We think that selling pressure will increase as of 8.27 on LINK. In the long term target, it will be important for LINK to break 8.40 upwards.