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Bitcoin a Viable Option in Turkey as Lira Decline Continues

Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties to venture fullyRead MoreRead More. дальше »

2019-9-10 01:00


Bitcoin exchange company Huobi plans expansion in Turkey and Romania

Huobi, a popular China originated bitcoin, and cryptocurrency exchange company, has announced it will now proceed over the next year on its plans to open up an exchange in Turkey. For Turkey, plans include a fiat on-ramp for Turkish Lira, a branch office with local resources in Turkey, and localized products and customer service. Huobi […] дальше »

2019-6-27 18:22


Turkey’s Crypto Market Surges as the Lira Tumbles Against the Dollar

Turkey’s cryptocurrency exchanges have seen an influx in trading volume after the nation’s currency, lira, nosedived to an all-time low against the dollar. In the past week, all of the country’s top exchanges have reported sudden user hikes, with Koinim, Btcturk and Paribu reporting gains of more than 100 percent on Aug. дальше »

2018-8-16 02:00


Turkey’s Currency Instability Pushing People to Bitcoin

Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced with an economic crisis and […] дальше »

2018-8-14 18:00


Bitcoin Shown to be Less Volatile Than Turkish Lira Amid Turkey’s Economic Crisis

Turkey is currently undergoing its second serious economic crisis since 2017, as the country’s national currency has lost approximately 30 percent of its value in the last month. The Turkish Lira has been subject to so much volatility in the last two weeks that it’s “making Bitcoin look tame by comparison,” reports Bloomberg. дальше »

2018-8-13 20:29