Kick Ecosystem - News
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Official channel of the cryptocurrency exchange KickEX.
KickEX English Chat πŸ’¬ @kickexexchange

Get the latest updates on trading in the crypto world.


#KickEX #crypto #cryptocurrency #cryptomarket #BTC #ETH
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πŸͺ™ #Trump wants all remaining #bitcoin to be mined in the USA

The presidential candidate made this statement after meeting with representatives of the mining industry. Among other things, the convicted felon promised to defend the interests of miners if he wins the election and emphasized the importance of mining for ensuring the stability of the US energy system.

Apparently, Trump's new border wall will be built from ASICs πŸ€”


#CryptoNews
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Liquidation occurs when the trader's losses become too large, and there are not enough funds in the account to cover the positions.

#Glossary (inspired by current market events) πŸ”½
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⚠️ The Fear and Greed Index is once again close to a historical high

At the moment, it stands at 74, nearing the extreme greed category.

The index ranges from 0 (maximum fear) to 100 (maximum greed) and reflects market sentiment.

#CryptoNews
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πŸ“‰ Yesterday, the U.S. Federal Reserve maintained the base interest rate at its previous level

#Bitcoin reacted with a decline, losing the gains observed since the beginning of the day, and long positions in #BTC were liquidated for more than $10 million.

If you want to learn more about how and why the key interest rate affects digital gold, leave a πŸ”₯ under the post, and we will prepare a special report for you.

#CryptoNews
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⚑️Weekly Update from KickEX: Improvements and New Features

We are excited to share the latest achievements of our development team aimed at enhancing the functionality of the #KickEX cryptocurrency exchange.

Here’s what was accomplished this week across various areas.

πŸ“†Week 23
Improvements and updates across three main sections:

πŸ“–Frontend
πŸ‘¨β€πŸ’»Backend
πŸ“±iOS & Android

We are continuously working to improve our product and hope that these changes make using KickEX even more convenient and efficient.

πŸ’šThank you for staying with us! Stay tuned for our updates and new features. We always welcome your feedback and suggestions!

πŸ‘‰Read more about new developments in the blog

#DeveloperDiaries
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#Analytics

πŸͺ™ Experts believe that #Bitcoin is in its longest consolidation period and predict an explosive growth once it breaks out of this range

In previous cycles, consolidation periods were shorter but still led to all-time highs in the value of #BTC πŸš€
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⚑️ The head of the #SEC announced that spot #ETFs on #ETH will be approved as early as this summer

Gary Gensler made this statement during a Congressional hearing, additionally noting that Ethereum ETFs will receive approval "sometime, but definitely before the end of the summer."

Amid the anticipated approval, whales are accumulating #Ethereum. For instance, analysts from CryptoQuant recorded a daily purchase of 298 000 ETH, which became the second largest in history 🐳

#CryptoNews
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🐢 Arthur Hayes predicts an #ETF for #DOGE

In a podcast with macro expert Raoul Pal, Hayes shared his vision for the future and stated that if #memecoins maintain their popularity, it is highly likely that we can expect a #Dogecoin #ETF.

To support his position, Arthur drew an analogy, suggesting that if people are willing to buy luxury goods just because of the well-known brand logo, then trading memecoins might also be acceptable for them.

🐳 β€” I'll invest in DOGE
🌚 β€” I'll invest in Birkin
πŸ”₯ β€” I'll invest in #KICK

#CryptoNews
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πŸ†˜ SCAM ALERT πŸ†˜

There has been an increase in cases where scammers are sending direct messages to our channel subscribers and group members


Scammers might contact you under various pretexts: offering free educational materials on trading, a job, or even allegedly conducting a survey about KickEX and #KICK.

The scammers' goal is to engage you in a conversation and then attack by sending an virus file or a phishing link. If you receive such a message, immediately block the perpetrator and report it as spam.

⚠️ You can report all scam cases in our group or in the comments to posts. We will promptly respond to reports and take action, including informing you about threats.
Protect yourself and your assets. Stay vigilant and do not fall for provocations πŸ›‘

Sincerely, the KickEX team

#ScamAlert #Security
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#Analytics

πŸͺ™ Experts from Bernstein have raised the expected target price for #BTC to $200,000

Analysts expect this price by the end of next year.

#CryptoNews
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🌍 Weekly news #CryptoDigest:

πŸͺ™ BTC.D (Bitcoin Dominance over Altcoins) - 55.36%

🧭 Fear and Greed Index - 71

πŸ‡ΊπŸ‡Έ June 20, 3:30 PM USD - Initial Jobless Claims.
Forecast - 235,000, Previous number - 242,000

πŸ‡ΊπŸ‡Έ June 21, 6:00 PM USD - Federal Reserve Monetary Policy Report
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What do you think?

πŸ”₯ - Yeah!
🀯 - Hell no!
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πŸ“‰ The price of #BTC has dropped to a monthly low

Following Bitcoin, altcoins from the top 100 by market capitalization also went down. Meanwhile, the total volume of long liquidations over the past day has exceeded 400 million dollars.

#CryptoNews
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πŸ“ˆ In trading, Fibonacci numbers are used to determine support and resistance levels. Traders apply the Fibonacci sequence to predict potential price reversals, assessing likely entry and exit points for trades.

#Glossary
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⚑️ #SEC has terminated the investigation against #ETH

The regulator no longer claims that #Ethereum is a security πŸ₯³

Meanwhile, issuers of spot Ethereum #ETFs are correcting their application forms for resubmission. The updated applications may be submitted by the end of this week, and the listing of new instruments could happen in early July.

#CryptoNews
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#Opinion

πŸͺ™ Julien Bittel, the head of macro research at GMI, believes that the current market situation is typical for halvings

According to him, a halving is always followed by a sharp correction, then a period of sideways movement, and after that, a final dump that wipes out the last of the long positions. After this, there is another phase of sideways movement, followed by the beginning of growth.

In his opinion, we are currently in the sideways movement phase that precedes the growth πŸš€
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βœ… #ByTheWay, you can use the #KICK token to get a 25% discount on trading fees

For example, if you trade the USDT/ETH pair and your trading level on the exchange is 1, your taker fee is 0.25%. However, if you choose to use KICK tokens by selecting the "Use KICK token to reduce fee" option, your fee will be reduced to 0.1875%, with 25% of this adjusted fee paid in KICK tokens.

The 25% discount applies to all trading pairs, except those involving the sale of KICK tokens.

πŸ‘‰ Read more on our website
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