Kick Ecosystem - News
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Official channel of the cryptocurrency exchange KickEX.
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#KickEX #crypto #cryptocurrency #cryptomarket #BTC #ETH
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#Dictionary Takers

πŸ“Š Traders who execute market orders. They remove liquidity from the exchange by taking trades already listed in the order book.

πŸ«— Stop-Limit Order β€” a limit order that is triggered and placed in the order book when the price reaches a specified level (stop price).
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πŸ• The legendary #Bitcoin pizzas turn 14 years old today

On May 18, 2010, Laszlo Hanyecz made a famous offer, proposing 10,000 #BTC to anyone who would bring him a couple of pizzas. This day has since become known as #PizzaDay and has inspired countless memes.

Today, those pizzas would be worth over 670 million dollars, a sum beyond the wildest dreams of any sheikh πŸ’°

#CryptoNews
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#Opinion

πŸͺ™ Renowned trader known as #PlanB believes that this is the last chance to buy #BTC for under $70,000

The trader gained fame for creating the Stock-to-Flow model, which allows predicting Bitcoin's price based on its supply and inflation.
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β˜„οΈ London Court: Craig Wright is Not Satoshi Nakamoto

Today, the decision of the High Court of London was published regarding the case that began in February. Since 2016, Craig Wright has claimed to be Satoshi and has made various attempts to claim intellectual property rights to the #BTC code.

However, the judge has now officially declared the evidence presented by Wright as falsified and his claim to be Satoshi Nakamoto as false πŸ₯³

A great reason to revisit our investigation into the identity of Satoshi, for those who haven't read it yet πŸ‘€

πŸ˜‡ Part 1
😈 Part 2
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⚑️ The #SEC might approve an #ETF for #ETH on May 23

For now, the decision will only apply to VanEck.
For the largest contender for launching ETH ETFs, #BlackRock, the review period is set for August 7.

Meanwhile, QCP Capital believes that if the spot ETH ETF is approved, we can expect #ethereum to reach $5000 this year.

#CryptoNews #Opinion
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πŸ”’ #Ripple warns about the dangers of quantum computers for blockchain

Mathematician Massimiliano Sala, in his presentation for the issuer of #XRP, explained that quantum computers could easily solve the problems underlying digital signatures. This poses a threat to the entire concept of blockchain and the reliability of this technology.

Modern computers would take approximately 14 billion years of computations to break a cryptographic key. A quantum computer, which is expected to emerge within the next 10 years, could do this in 8 hours 😨

#CryptoNews
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πŸ”· #Memecoins on #Ethereum are showing growth amidst news about #ETF

Certain coins are experiencing up to 161% growth due to speculative news πŸš€

Meanwhile, forecasts for the price of #ETH, in the event of an ETF launch, predict it reaching $14,000 by the end of next year πŸ’°

#CryptoNews
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πŸ’Έ #Trump has opened cryptocurrency donations for his campaign, as promised

A wide range of cryptocurrencies are accepted for donations, including #memecoins. Whether Donald Trump accepts the #TREMP token is still unclear.

Meanwhile, the #SEC's shift on #ETH is being linked to the Democratic Party's attempt to win over the crypto community from Trump 🧐

#CryptoNews
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🎧 #PEPE has surged following #ETH

In the past 24 hours, the #memecoin has risen by 22%, with its market capitalization approaching $6 billion.

Who's holding PEPE, and what prospects do you see?

#CryptoNews
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πŸͺ™ #BTC is increasingly becoming an asset for savings rather than speculation

So, who has already put their entire pension into Bitcoin?

It's better to invest in #KICK 🧠
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#Opinion

πŸ”· Analyst Eric Balchunas from #Bloomberg believes that the #SEC decision on the #Ethereum #ETF can be expected around 23:00 (GMT+3)

In January, the approval for the launch of a #BTC ETF was published around the same time πŸ’°

In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.

So, #ETH to the moon? πŸš€

πŸ”₯ β€” yes
🌚 β€” no
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😰 They barely approved the #Ethereum #ETF and they're already discussing a #SOL ETF.

However, a SOL ETF might face several difficulties since there are no futures ETFs for SOL yet, and the #SEC has recognized #Solana as a security.

Meanwhile, #ETH has managed to break through $3,900 πŸš€

#CryptoNews
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πŸ”₯ The creator of the meme coin #DARE literally got burned

In an attempt to pump his #shitcoin, he poured alcohol on himself and asked a friend to shoot fireworks at him.

The injured party was hospitalized, and the token's value dropped 🀑

At least it wasn't another #momcoin.

#CryptoNews
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πŸͺ¦ The #DOGE symbol is no more

In Japan, #Kabosu, the Shiba Inu dog who became the face of countless memes and the ambassador for #dogecoin, has passed away.

The dog lived for 18.5 years, which is quite impressive by canine standards. Let's remember Kabosu and thank her for her contribution to internet and crypto culture πŸ’§

#CryptoNews
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⚑️ KickEX CEO's Speech in the State Duma of the Russian Federation

Yesterday, bill β„–237585-8 "On Amendments to Certain Legislative Acts of the Russian Federation (in terms of digital currency regulation)" was discussed. The bill proposes:

πŸ“ Legalizing miners in Russia who are included in a special registry.

πŸ“Š Requiring miners to sell the obtained cryptocurrency on foreign platforms.

πŸ‡·πŸ‡Ί Banning the circulation and organization of cryptocurrency trading in Russia.

What could this lead to?

πŸ’° Miners will extract energy resources from Russia and convert them into dollars or euros abroad.

πŸ›₯ The law will legalize money laundering and capital outflow from Russia to other countries.

#KickEX CEO Anti Danilevski presented proposals for the law under consideration. The main points:

πŸ’‘ Legalize cryptocurrency by giving it a legal status (e.g., property, securities, digital financial assets).

πŸͺͺ Create a registry of domestic exchanges that will have the right to serve Russian miners.

βœ… Require miners to sell the obtained cryptocurrency only on domestic exchanges included in the registry.

This will help keep capital in Russia, allow exchanges to accumulate cryptocurrency, which can be used in international settlements, and prevent money laundering and capital outflow through mining.
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#Opinion

⚑️#StandardChartered believes that #ETFs on #Solana and #XRP can be expected by 2025

At this rate, we might see an ETF on #PEPE by 2030 πŸ˜”
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⚑️ You’ve been waiting, fiercely spamming likes on the post about #GME, and finally, here it is!

Today you will learn about the hype around #GameStop and how the little guys knocked down Wall Street a few pegs and created the first economic flash mob in history 🐹

Let’s start from the beginning. In 2021, GameStop was engaged in retail sales of discs, consoles, and other gaming stuff. Since 2015, it had started to experience difficulties with its existing business model, which is understandable given that digital distribution of games had been putting pressure on physical media and offline retail for several years. Furthermore, amid the pandemic, the company's shares fell to a historic low of $4.5 each

It's not hard to guess that with such results and economic prospects, GameStop became an excellent target for short-sellers from major funds

Everything would have been fine, but the situation GameStop was in caught the attention of Reddit traders, who saw an injustice in the fact that the "big guys" on Wall Street were profiting from a dying company. Without much hesitation, the guys from Reddit decided to teach the boomers a lesson πŸ€·β€β™‚οΈ

The "mom's basement traders" from the subreddit r/wallstreetbets started buying up options on GameStop shares under the slogans "Save gamers' honor" and "Punish the hedge fund piranhas." And the more options that were bought, the more the stock price rose. The losses of the hedge funds that bet on the decline exceeded $5 billion, and many had to attract borrowed funds to stabilize. In short, poor Norwegian pensioners were unlucky once again

The situation worsened when the meme lord himself, Elon Musk, joined the party. With his tweet, he doubled the price of GameStop shares, and apparently, it was then that he realized that Twitter could be used not only for jokes about trampolines.

Stay tuned for more tomorrow, and in the meantime, send this post to your friend who also doesn't understand what #GME is and why the revived Twitter guy in the red bandana is pumping #memecoins
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🐹 How the Little Guys knocked down Wall Street. Part 2

Reddit was jubilant β€” in late January 2021, the price of one share of the gaming retailer was around $360, which, given the $4 per share price in January 2020, signified a 9000% increase over a year 🀯

The r/wallstreetbets community grew to 8 million subscribers and was celebrating victory, when suddenly...

At the height of the battle between Redditors and the moldy funds, the popular private trading service #Robinhood blocked the ability to buy #GameStop shares. The problem was that Robinhood was the main platform for investing in GameStop because it positioned itself as a free service for ordinary people. However, it turned out that Robinhood's real earnings were not from transaction fees but from selling data about its users' behavior to large brokers and traders. So, as soon as the flash mob with the stock pump got out of hand, Robinhood decided to protect its real clients and shut down the party.

And now we smoothly transition from the stock market confrontation to the cryptocurrency market. After the events with GameStop, the same Robinhood stopped trading #Dogecoin when the meme cryptocurrency just started getting pumped. It was with the support of the crypto flash mob by the admin of the r/wallstreetbets community that Doge's value soared by 1000% in a day.

That admin was Jamie Rogozinski (not to be confused with Rogozin). Yes, the same legendary "revolutionary" who earned $48 million from the GameStop pump, and whose Twitter recently came back to life, causing a stir in the entire community.

Now you know a little more, give a like for the effort and send this material to your friends so they can know a little more too πŸ˜‰
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#Analysis #Bitcoin

πŸͺ™ The #BTC/#USDT price continues to consolidate near its all-time highs. Over the past week, the market received positive fundamental news regarding new #ETF instruments (this time for #Ethereum), which prompted traders to buy more actively.

As a result, since the beginning of May, the BTC price has been in a short-term upward trend after testing the lower boundary of the range.

πŸ“ˆ The range itself is formed between the support zone of 57 000 - 60 900 and the zone of resistance of 72 000 - 74 000. Recently, the #BTC price tested the first strong resistance level at 72 000. If buyer activity remains strong, a potential scenario to consider is the resumption of the bullish trend and further updating of highs with targets at the 80 000 level.

πŸ“‰ An alternative scenario is possible if buying pressure is insufficient to break through the 72 000 - 74 000 resistance zone. In this case, it is likely that consolidation will continue, followed by a pullback to the lower boundary of this consolidation and a test of the support zone within the 57 000 - 60 900 range.

this is not a trading recommendation
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