EPDK’s decision to postpone payments for earthquake-affected regions

The Energy Market Regulatory Authority has decided to postpone advance payments by certain distribution license holders operating in cities affected by the earthquake disaster centered in Kahramanmaraş. The Energy Market Regulatory Authority (EPDK), due to the ongoing effects of the earthquakes centered in Kahramanmaraş on February 6, has taken a decision to impose a state […]

US Agriculture Secretary: Importing Eggs from Turkey and South Korea

The egg crisis continues in the United States. US Agriculture Secretary Brooke Rollins stated that they have imported eggs from Turkey and South Korea to alleviate the supply shortage caused by the bird flu outbreak, which has led to an increase in egg prices nationwide. Rollins mentioned that they have also discussed egg imports with […]

Fed Reports a Loss of $77.6 Billion in 2024

The Federal Reserve (Fed) reported a loss of $77.6 billion in activity in 2024. The bank published its audited financial statements for the year 2024. According to this, Fed’s operational loss was estimated at $77.6 billion last year. In 2023, the bank had also reported a loss of $114.3 billion. It is noteworthy that the […]

Government Support to be Stated on Invoices: Starting April 1

Subscribers will now be able to see the amount of government support applied on both electricity and natural gas bills. The implementation will commence from April 1. Upon the instructions of the Ministry of Energy and Natural Resources, EPDK has sent letters to distribution companies for adjustments to be made on electricity bills. BOTAŞ has […]

Minister Şimşek: No doubt about the implementation of the program

Minister of Treasury and Finance Mehmet Şimşek stated, “We have sufficient tools at our disposal. There is no doubt about the implementation of the program. We are working closely with our institutions in coordination.” Details are coming soon…

Ethereum Supply at Lowest Level Since 2015

The supply of Ethereum (ETH) has fallen to its lowest level since November 2015, continuing the downward trend on centralized exchanges. In the past seven weeks, the amount of ETH on exchanges has decreased by 16.4% to 8.97 million ETH. This decline indicates that investors are increasingly directing their tokens to decentralized finance (DeFi) and […]

Has the Bitcoin bull cycle come to an end? Critical warning from CryptoQuant CEO

The debate continues on whether the Bitcoin (BTC) bull market has come to an end, with CryptoQuant CEO Ki Young Ju stating that on-chain data indicates Bitcoin has entered a downward trend. According to Ju, the increasing interest in Bitcoin ETFs has altered traditional on-chain liquidity signals, signaling the beginning of a new phase in […]

Increase in Crypto ETF Applications Continues in the US

Canary Capital Group, a digital asset investment company, announced that it has applied to US regulators to launch an exchange-traded fund (ETF) tied to the spot price of the cryptocurrency Sui, associated with blockchain service provider Sui Network. This brings the total number of crypto ETF applications submitted by Canary Capital to six. As regulatory […]

Utilizing Federal Land for Home Construction to Reduce Costs — Provided Cities Are Regulated

It is imperative to tackle the persistent housing shortage estimated to be around 20 million homes by exploring the possibility of using federal land for housing construction. The success of such an initiative hinges on not only the speed and scale of its implementation but also on preventing the newly available land from being stifled […]

Penalty of 537 million lira imposed on 9 companies for competition violation

The Competition Board has imposed an administrative fine of 537 million lira in total on nine companies operating in the power transformer sector. The Competition Board (CB) has decided to impose a total of 537.2 million lira in administrative fines on eight companies operating in the power transformer sector on the grounds that there was […]