Bitcoin has been the best performing asset so far in 2023, surpassing all other asset classes, while cryptocurrency exchanges also experienced huge increases in transaction volumes. Block Earner Turkey Operations Manager Emrah Karadere said, “As a result of the developments in the global economy, crypto assets have once again become the focus of attention.”
The first quarter scorecard of the cryptocurrency and blockchain ecosystem has been announced. A report recently released by US banking giant Goldman Sachs positions Bitcoin as the best performing asset so far in 2023. According to the report, Bitcoin took the first place in total returns, surpassing the Nasdaq, gold, S&P 500 and US treasury bonds.
Emrah Karadere, Operations Manager of Block Earner Turkey, who shared his evaluations on the subject, said, “While the markets experienced tremors in 2022 with the effect of global economic developments, crypto assets became the focus of attention again in the first quarter of this year. The expectation that the Fed's policy of increasing interest rates came to an end was effective in this.
On the other hand, another report released by research firm TokenInsight revealed that crypto platforms had a very productive first quarter. According to the report, total trading volumes of crypto exchanges in the first quarter exceeded $10 trillion. This figure corresponds to a 40 percent increase compared to the previous quarter.
Emrah Karadere, who stated that the increasing belief that a new cycle is approaching, the US banking crisis and the hopes for change in the Fed's policy positively affected the rise in crypto, said, “These periods we are in allow more people to participate in the market. New users naturally have difficulty getting used to the dynamics of this world they are unfamiliar with at first. In general, the complex interfaces and structures of crypto platforms have a great impact on this. From this point of view, we launched our mobile applications that we built on a simple and understandable system to enable our users to easily access the crypto world.”
DeFi and crypto trading accounts can be managed separately
Emrah Karadere stated that they aim to provide users with easy access to decentralized finance and crypto currency trading from anywhere at any time with their mobile applications published on the Play Store and App Store. At this point, investors are looking for flexibility, speed and ease to access the market anytime and anywhere. Our user-friendly mobile applications, designed with simple and understandable interfaces, offer the experience that crypto money investors expect. In addition, just like in our Block Earner web application, cash, DeFi and crypto trading accounts can be managed separately in our mobile application. Block Earner users can be aware of price movements in Bitcoin and other assets with instant notifications. ” used expressions.
“Our biggest motivation is inclusivity”
Emrah Karadere, Block Earner Turkey Operations Manager, underlined that they carry out all their activities in accordance with the standards specified in the MASAK Compliance Guide issued by the Financial Crimes Investigation Board (MASAK) for crypto service providers, and that they ensure the security of customer assets with Fireblocks, one of the largest in the industry, and concluded his evaluations with the following statements: :
“As Block Earner, our biggest motivation is to facilitate the complex processes of the 'blockfinance' world and to create an inclusive platform where users without advanced technical knowledge can fairly benefit from the possibilities offered by DeFi and blockchain. In the current conditions where market dynamics are constantly changing, we are now also available on mobile to provide 7/24 instant access to the products and services we offer through all channels. We will continue to bring our products and services to our users, bringing gold to crypto by saying 'Future finance is in the palm of your hand', making DeFi accessible with up to 95% cost advantage, and maximizing speed and security in the trading of reliable cryptocurrencies.”