🪙 #Tether printed 3 billion #USDT in the last 4 days.

What are your thoughts on this? Does this signify an impending market crash?

#News

⚡️The stablecoin #USDT has been launched on the #TON network

Meanwhile, TON is already at $7. Are we expecting further growth?

#News

#Opinion

🪙 S&P Global states that if the United States passes a new law on stablecoins, it will limit the issuance volume for organizations without a banking license to $10,000,000.

In easy terms, if the #Tether law is passed, it won't be able to print #USDT in the billions anymore 💧

🪙 CryptoQuant believes that the recent surge in stablecoin inflows could lead to increased volatility in BTC

#KickEX_Explains

🔼 The influx of new stablecoins into the market is a traditional bullish signal for traders. The introduction of new stablecoins into the market represents the conversion of fiat money into digital currencies, which market participants view as an influx of new funds into the crypto ecosystem.

🕯 Often, news that the company #Tether has issued several billion #USDT indicates that someone has come and bought them for the equivalent of fiat money, and presumably, these billions will be spent on buying cryptocurrencies.

🎢 This, in turn, encourages traders to increase their activity in cryptocurrency speculation in anticipation of catching a good upward movement.

#Analytics

🪙 #Tether has frozen 4 addresses holding a total of $53 million

As the issuer, Tether has full control over the issued #USDT, which, despite the convenience of stablecoins, makes these funds almost as controllable as fiat currencies.

Remember this 🧠

#News

#Analysis #Bitcoin

🪙 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.

📈 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.

📉 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

#Analytics #Bitcoin

🪙 #BTC/#USDT held its position above the support zone of $64,500-$67,700 and broke the short trend.

📈 If market participants maintain the price above $68,500, a good long setup with cascading levels up to $71,979 is forming.

An alternative scenario is further consolidation until news is released.

not a trading recommendation

#Analytics #BNB

🔶 There is a triangle pattern on #BNB/#USDT with a squeeze to the 645.2 level.

Beginning of consolidation or volume accumulation since March 10.

There is a lot of liquidity behind the 645.2 level, many shorts have placed stop orders behind resistance levels 645.2, 669.3 and ATH level 691.8.

Trade: open a position to break the 645.2 level and hold mid term to ATH 691-700.

is not a trading recommendation

#Analytics #BNB

🔶 BNB/#USDT has broken through its ATH level of $691.8

The historical level of $691 was a resistance level, but after breaking through and consolidating above $691, the ATH became a support level.

📈 The following trading plan is being considered: building a position up to the price of $688 and holding the position with targets at $732-740

📉 Exiting the position will be considered if the price breaks below $686.6

this is not a trading recommendation

⚡️KickEX has received a brokerage license and become a Bitcoin service provider!

We are pleased to announce that KickEX has received a brokerage license from the state of El Salvador, thus significantly expanding the range of features on our platform. As an official #Bitcoin service provider, we can offer you even more valuable services.

Here’s what the license enables:

🪙Storage and management of Bitcoin: secure storage and management of our users' Bitcoin.

📊Exchange and trading services: the ability to trade Bitcoin on our platform.

🔒Digital wallets: providing secure and convenient digital wallets for Bitcoin.

🔗Payment processing: managing payment processes related to digital currencies.

This important achievement opens up great prospects for growth and innovation. Additionally, our team plans to obtain licenses for working with #Ethereum (#ETH), #Tether (#USDT), and other assets. Read more about this on our official blog and stay tuned for further updates!

Sincerely,
The KickEX Team

🔷 #Analysis #Ethereum

For #ETH/#USDT: 3362 is the lower consolidation zone and also a support level with a three-drive pattern. A good level where there may be many stop orders from market traders, which can lead to a good impulsive move.

📉 Trading:
- expect a small movement to the 3430-3450 zone, place limit orders for a short position, and wait for the 3362 level to be broken
- place pending orders for a short at the price of 3360; when the level is broken, the position will open short. Place limit orders in advance to fix the positions

This is not a trading recommendation

🪙 #Analytics #Bitcoin

The 58970 zone is a strong support level for buyers.

📈 Mid-term trade:

Buy #BTC/#USDT in the range of 58000 - 61000.

Targets: Close 80% of the position at 64700 - 66100. Set a stop order at breakeven for the remaining 20%, aiming for a breakout of the ATH at 73946.

this is not a trading recommendation