KucoinKucoin KCS news

The native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange
Price, 24h
1.14 USD / 0.00013060
8.98% / 6.01%
Volume, 24h
9,065,518 USD
0.00%
Marketcap
98,945,090 / 0.04%
Emission
Chart price/vol/NIS 7d
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KuCoin Celebrates Two-Year Anniversary with $450k Giveaway

As part of its two-year anniversary celebrations, KuCoin, a Singapore-based cryptocurrency exchange has announced a 450,000 USD giveaway to incentivize users of its platform to trade more cryptos. KuCoin is also collaborating with leading blockchain projects, including TRON and Terra, to run more promotional campaigns, according to a TechBullion report on September 17, 2019. ARead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

KuCoin Continues 2 Year Anniversary Celebrations With Massive Giveaway

SINGAPORE, September 17, 2019 /PRNewswire-PRWeb/ -- Continuing the celebrations of its two year anniversary, KuCoin, an IDG-backed international cryptocurrency exchange, has announced a massive 450.000 USD giveaway together with several cryptocurrency projects including Tron, Tokoin, Terra, Amino, and V Systems. The giveaway promotions will run from September 16th to September 26th (UTC+8). KuCoin has teamed up with the five projects to hold a range of individual promotions, including trading competitions, Red Envelope giveaways and airdrops for KCS holders. Also included is a special promotion involving KuCoin's popular Soft Staking program, where users can enjoy a 21% return on VSYS. Pool-X, a POS Mining Pool platform incubated and powered by KuCoin, will also be taking part with a token lockup and giveaway of its ...Full story available on Benzinga.com
Benzinga

Start Soft Staking On KuCoin Today!

I truly trust holding our coins on an exchange specifically KuCoin and will have the option to stake and earn some benefits. Despite everything I plan on purchasing as much on KuCoin as I can, yet it is extraordinary to gain automated revenue, so I can keep developing my cryptocurrency using this Soft Staking Program!
/r/CryptoMarkets

Pool-X: The Next Generation PoS Mining Pool By KuCoin

Technology has become an integral part of everyday life. It is ever-evolving and is responsible for changing lifestyles for people worldwide. Newer technological inventions are taking the market by storm and people hardly take any time to get accustomed to these. One such advancement today is cryptocurrencies. These are a revolutionary new form of money that are being used to buy products and services. This money isn't tied to a bank, or controlled by a government. This idea is being adapted by KuCoin, as one of the many cryptocurrency exchanges in the crypto world. This is available for those in search of a modern and secure platform to trade between cryptocurrencies. KuCoin is considered as one of the top dogs in crypto exchange. It was founded by a group with a passion for the blockchain who had already built up strong reputations at industry giants, such as GF Securities, Ant Financial, Youling, Jianbang Communication, and iBOX PAY. Kucoin always aims to provide users with a safe and straightforward method of converting their currencies on a state-of-the-art platform. With that vision in mind, KuCoin launched Pool-X. Pool-Xis a trading platform where users can take part in staking pools and operate nodes. Unlike other staking platforms, users on Pool-X are free to unstake their tokens at any time, providing an opportunity to adapt to the changing market conditions, similar to KuCoin’s own Soft Staking program. This is possible through the use of liquidity certificates, which essentially represent ownership of a certain amount of staked tokens and can be traded with others in order to receive the tokens. As said in this article <KuCoin Blog, Pool-X is an independently operated pool that is co-incubated by KuCoin and its partners. It is the next generation PoS mining pool supporting lockup crypto transactions. With the aim to stimulate the future development of the PoS ecosystem, Pool-X offers services including but not limited to: liquidity trading market, node integration, and operational solutions. This is not only an advancement for KuCoin Exchange but also a progress on the emerging market of cryptocurrency. This innovation will help in the growth and development of the the technology as a whole.
/r/CryptoMarkets

KuCoin Celebrates 2nd Anniversary With 90% Discount Sale For BTC

SINGAPORE, Sept. 14, 2019 /PRNewswire-PRWeb/ -- Cryptocurrency exchange KuCoin has announced that it will be running a series of promotions to celebrate its second year of operation. The first such promotion KuCoin is offering is a discount on purchases of BTC on the exchange. Eligible users will be able to buy BTC at 90% off the market price during the promotion period. From its launch in September 2017, KuCoin has grown to become a key player in the cryptocurrency market, taking on the title of "the People's Exchange" by the community. KuCoin plans to build on this reputation by holding several promotions for its users to mark its two year anniversary. In order to participate in the sale, users must hold 50 KCS, KuCoin's native token, in their trading account and ensure that their account is KYC-verified. Full story available on Benzinga.com
Benzinga

KuCoin App Is Back On Google Play!

for those who were looking for the KuCoin App, It is available again on Google Play Store!! Download Here: https://play.google.com/store/apps/details?id=com.kubi.kucoin
/r/CryptoMarkets
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Tezos Price Analysis: XTZ Spikes 4.5% After Binance Listing But Can It Sustain?

Tezos saw an increase of 4.50% today and its price reached $1.11. This happened after Tezos saw a 11% hike over the past week. This latest spike is largely due to the fact that Tezos has now officially been added to Binance, the world’s largest exchange. Trading is expected to go live tomorrow (Sep 24) at 11:00 AM UTC. The cryptocurrency will be available for trade against BNB, BTC, and USDT. Tezos is now the 18th largest cryptocurrency with a market cap of $731 million. Looking at the XTZ/USD 1-day chart: Tezos has had an interesting year after breaking above the 100-days EMA in March and continuing to surge by a total of 140% to reach a high of around $1.82. The market has since moved sideways, unable to break above this resistance but has managed to remain, largely, above $1.00. Tezos now trades at resistance provided by both the 100-days EMA and 200-days EMA. From above: If the bulls climb above $1.12, the nearest levels of resistance lie at $1.17, $1.23, and $1.27. Above this, resistance is found at $1.34, $1.44, $1.54, and $1.68 (provided by the long term bearish .236 Fib Retracement). Higher resistance is located at $1.73, $1.83, and $1.97. From below: The nearest levels of support lie at $1.10 and $1.00. Beneath this, support lies at $0.96, $0.93, and $0.86 (July 19’ low). If the sellers continue beneath $0.86, support is expected at $0.81, $0.75, $0.68, and $0.61. The trading volume remains low but has seen a recent increase after the Binance addition announcement. The RSI has now rebounded higher from the 50 level which shows that the bulls are starting to take control over the momentum. If the RSI can keep rising, we could see Tezos head toward $1.20. Looking at the XTZ/BTC 1-day chart: Against BTC, Tezos suffered heavily over the past few months after dropping by a total of 70% from April’s high to June’s low. Since reaching the latter, Tezos rebounded slightly but is still trading sideways. The latest price increase caused XTZ to reach the resistance at the 100-days EMA as it trades around 0.0001121 BTC. From above: The nearest level of resistance lies at the 100-days EMA. Above this, resistance is located at 0.00012 BTC, 0.001287 BTC, and 0.000135 BTC (200-days EMA). Higher resistance is found at 0.00014 BTC, 0.00015 BTC, 0.000159 BTC (bearish .382 Fib Retracement), and 0.0001693 BTC. From below: The nearest level of support lies at 0.00011 BTC. Beneath this, support lies at 0.00010 BTC, 0.00009343 BTC, and 0.00008542 BTC. The trading volume has been low during September but has increased in today’s trading session. The RSI has also rebounded higher from the 50 level as the bulls attempt to increase their control over the market momentum. However, the Stochastic RSI is approaching overbought conditions with a bearish crossover signal suggesting the market may retrace slightly. The post Tezos Price Analysis: XTZ Spikes 4.5% After Binance Listing But Can It Sustain? appeared first on CryptoPotato.
CryptoPotato

What impact will Bakkt’s bitcoin futures have on the BTC price?

Bakkt’s long-awaited Bitcoin futures contracts are finally live. Even though Bitcoin has not experienced the volatility that it was expected, some of the most prominent analysts in the cryptocurrency industry believe that it may be a matter of time. Bakkt Bitcoin futures Bakkt, a subsidiary of the Intercontinental Exchange (ICE), announced that as of 00:02 UTC Sept. 23 the first physically-delivered Bitcoin futures contract was executed at a price of $10,115, marking the launch of its much-anticipated platform. Unlike other BTC futures contracts in the market like the Chicago Mercantile Exchange (CME), which is only settled in cash, Bakkt Bitcoin futures is settled using real Bitcoin at contract expiry. The firm is the first “federally regulated exchange” to offer Bitcoin trading services, according to Bakkt CEO Kelly Loeffler. This could allow more regulatory clarity into the industry by creating a scalable infrastructure that subsequently triggers conservative investors who have been waiting in the sidelines into adding Bitcoin into their portfolios, said James Putra, head of product strategy at TradeStation Crypto. Thus far, 28 BTC worth approximately $280,000 have already been invested into Bakkt’s monthly contracts. Although its initial volume is not what many analysts in the market were anticipating, Su Zhu, CEO of Three Arrows Capital, believes that investors could soon pour in massively. “Bakkt will be likely first a trickle and then a flood. The reality is that most regulated futures contracts get low adoption on day 1 simply because not all futures brokers are ready to clear it, many people want to wait and see, the tickers are not even populated on risk systems, etc,” stated Zhu. It is worth noting that the Chicago Mercantile Exchange (CME) Bitcoin futures contracts traded $460 million on its first week. In May this year, the CME set a record of 33,677 contracts traded on a single day, worth over $1.3 billion dollars. As Bakkt’s new trading instrument matures, the more substantial its share of Bitcoin’s trading volume will become, implied Adam Back, CEO of Blockstream.  Back said: “Bakkt adding a new way to buy Bitcoin, adds a regulated market more institutions can use. but we won’t really “find out tomorrow” as it takes time for companies to setup accounts, decide trading strategies & for volume to build. Recall CME futures open vs today’s growing volume.” The crypto-settled Bitcoin futures contracts that Bakkt is introducing into the space could be the catalyst that takes cryptocurrencies into the mainstream, bringing institutional capital and liquidity into the space, said @Rythmtrader. However, its launch does not seem to have had the impact in Bitcoin’s price to take it out of the consolidation phase it entered after nearly reaching $14,000 on June 26. Bitcoin technical analysis For over the last three months Bitcoin has been consolidating, which has led it to form a symmetrical triangle on its 1-day chart. This technical formation represents a period of consolidation before the price is forced to break out in a positive or negative trend. A move above the upper trendline marks the start of a new bullish trend. Meanwhile, a move below the lower trendline indicates the start of a new bearish trend. By measuring the distance between the initial high and low, the symmetrical triangle predicts a 34 percent target in both directions. Due to the opposing views that the symmetrical triangle presents, the Fibonacci retracement indicator can also be used to confirm the different price levels that could lead to a breakout of the pattern. A break above the 23.6 percent Fibonacci retracement area ($11,300) could result in an upswing that takes BTC up to $13,750. Conversely, a move below the 38.2 percent Fibonacci retracement zone ($9,730) could lead to a breakdown of the pattern that takes Bitcoin to test the 65 percent Fibonacci retracement zone, $6,500. Despite the tepid impact that Bakkt’s Bitcoin futures contracts launch has had in Bitcoin’s price, it will certainly improve the trust that institutions will now have about the cryptocurrency market, according to Thomas Lee, the head of research at Fundstrat Global Advisors. VanEck-SolidX recently set in motion a version of their originally planned Bitcoin ETF that has accumulated an underwhelming $41,000 since launch. As a result, it remains to be seen if Bakkt is actually able to trigger an influx of capital into the market that allows Bitcoin to reach new yearly highs as trading volume increases. The post What impact will Bakkt’s bitcoin futures have on the BTC price? appeared first on CryptoSlate.
Cryptoslate

Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 Barrier

Coinspeaker Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 BarrierEarlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly settlement periods along with its safe custodial solution called the Bakkt Warehouse.Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoinWe take our customers’ trust seriously, and are excited to serve this market— Bakkt (@Bakkt) September 23, 2019Bakkt entry to the Bitcoin market has not been a big-bang event as many might have expected! At press time, the Bakkt platform has traded 29 Bitcoin Futures contracts as per the official data with a total traded value over $290,000. According to Bakkt, the first trade execution took place at a BTC price of $10,115 after which Bitcoin slipped to $9938 levels, at press time.This soft launch of Bakkt has certainly not impressed the Bitcoin investors. However, experts from the crypto industry think that in the coming days, we can see higher institutional inrush. Experts say that we can’t estimate Bakk’ts futures contracts performance on the first day itself.This is because not all futures brokers are ready to clear the contracts on the first day. Moreover, it takes time for companies to set up their accounts, formulate their trading strategies and thus build volumes.Expert Opinions on Bakkt Bitcoin Futures LaunchLast week, popular crypto market analyst made some comparison of the Bakkt Bitcoin Futures launch with the CME Bitcoin Futures launch. In a Twitter poll, he asked his followers if Bakkt can manage to make the same impact as the CME.CME bitcoin futures traded $460 million on its first week. Current volume is around $700 million. The Van Eck fake ETF traded $0 on its first week.How much volume will Bakkt attract is a key variable for the week ahead. Would you expect Bakkt to flop or to launch successfully?— Alex Krüger (@krugermacro) September 22, 2019However, responding to it another crypto investor Ari Paul said that the nature of both these futures contracts is completely different. While CME’s Bitcoin Futures are cash-settled, Bakkt offers physical delivery for its contracts. Paul argues that physical contracts usually see a ‘gradual scale-up’, unlike the cash-settled ones.Probably a more gradual scale up since it’s physical. With CME futures, anyone with the right FCM could immediately trade on launch.— Ari Paul ⛓️ (@AriDavidPaul) September 22, 2019But I’d think the incremental demand (beyond CME) would come from people who want to buy or sell physical for delivery, at least at first. Receiving could be instant (use FCM to convert), but I kind of thinking depositing physical will be gradual.— Ari Paul ⛓️ (@AriDavidPaul) September 22, 2019Moreover, if we see the timing of the launch, the Bitcoin trading volumes during December 2017 were much higher in comparison to what they are today. According to data by Messari, the Bitcoin trading volumes today are only $367 million which shows the reason behind low volatility. On the other hand, the data by Blockchain.com shows trading volumes at $1.36 billion. Thus, only when we get a real idea of the Bitcoin price movement, we can get to know the true impact of Bakkt.Commenting on the matter further, Simon Peters, Analyst at eToro, said:“The Bakkt launch has already been priced into recent market movements, and we may see some early speculators who bought bitcoin in anticipation of the Bakkt release deciding to cash out their profits, following the popular ‘buy the rumour, sell the news’ maxim”.He further added:“For me, it’s price discovery which makes Bakkt an important and much welcome development for the community. As the platform won’t rely on unregulated spot markets for settlement prices, it will serve as a transparent price discovery mechanism to establish a better benchmark price for bitcoin going forward.”Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 Barrier
Coinspeaker

Binance.US officially launches, introduces fiat on-ramp and free trading

Binance.US, the U.S. branch of the world’s largest cryptocurrency exchange, officially launched its digital asset marketplace. The U.S.-only exchange will offer a fiat on-ramp and free trading for all listed coins, which will begin on Sept. 24. The U.S. gets a new gateway to the crypto world The world’s largest cryptocurrency exchange by trading volume, Binance, has officially launched its U.S.-only branch. The platform will be operated by BAM Trading Services and license cutting-edge trading and wallet technology from Binance, the company said in a press release. It will exist as an entity completely independent from Binance and offer users unique functions and features, the company said. Changpeng Zhao, the CEO of Binance, said that the partnership with BAM Trading “will open a new key gateway to America and beyond,” as well as increase use cases for both blockchain and cryptocurrencies. Catherine Coley, the CEO of Binance.US, said: “Binance.US is tailor-made for Americans at every step of its development.” Fiat on-ramp, free trading, seven crypto assets Trading on Binance.US will officially begin on Sept. 24 at 9:00 am EST. Verified users will be able to trade fiat-crypto and crypto-crypto trading pairs for free until Nov. 1, the company said, offering a $15 referral bonus for each new qualifying signup. At launch, Binance.US lists seven digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT), with deposits opened for an additional five assets: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). The company said it plans on introducing new cryptocurrencies in batches following the initial launch. The batches, Binance.US said, will be “highly-curated” and meet U.S. regulations and compliance standards based on the Digital Asset Risk Assessment Framework. Some of the cryptocurrencies that are currently under consideration for listing on the Binance.US platform are Cosmos (ATOM), Dash (DASH), EOS (EOS), IOTA (MIOTA), Chainlink (LINK), and Nano (NANO). The platform might also list several stablecoins in the following months, including Paxos Standard (PAX), TrueUSD (TUSD), and USD Coin (USDC). The post Binance.US officially launches, introduces fiat on-ramp and free trading appeared first on CryptoSlate.
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