Category: Bitcoin (page 2 of 2)

KuCoin: between improvements and return to normal

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KuCoin looks to the future – Despite a security incident on September 25, the KuCoin platform quickly got back on its feet. In addition to gradually reactivating its services to become fully operational again, KuCoin continues to evolve and diversify its offer.

This article is promotional content written for KuCoin.

Security problem: ancient history

Although hackers managed to embezzle the equivalent of $ 281 million in cryptocurrency at the end of September, KuCoin appears to have fully recovered from its injuries.

Over $ 204 million of its crypto-assets have been saved and recovered . In addition, the platform has maintained a constant effort to bring its services back online, in particular access to withdrawals .

The vast majority of cryptocurrencies on KuCoin are thus fully available , with in particular the return of withdrawals on Cosmos (ATOM), Chainlink (LINK), PIVX or Ethereum Classic (ETC) projects over the past few days.

The availability of Bitcoin (BTC), Ethereum (ETH) and other major altcoins had already been reactivated, as early as the first two weeks after the security incident.

Application update and new trading options

KuCoin is therefore going ahead and announcing several new features . One of the latest is the 3.20.1 update of its mobile application (compatible on Android and iOS).

This improvement brings in particular the option of conversion into KCS (KuCoin Shares), which allows you to quickly convert the small “dust” of cryptos from your account into the native token of the platform. These allow, among other things, to reduce trading costs.

In addition, the application now facilitates the rapid transfer of its crypto between the different interfaces KuCoin: spot trading, staking (with service Pool-X ), margin trading and futures contracts ( futures ), …

Futures trading is also experiencing a mini revolution. KuCoin has just added Litecoin (LTC), Cardano (ADA), and XRP projects to its offering. It will thus be possible to trade these futures against the USDT stablecoin, with leverage ranging from x1 to x50 .

Be careful, however, it is always good to remember that the use of leverage should be used in moderation. Too large a multiplier can mean express liquidation.


Bitcoin zal de komende dagen waarschijnlijk dalen naar 11.000 dollar, zeggen analisten. De cryptocurrency zal dit waarschijnlijk doen omdat het een sterke afwijzing heeft gevormd op het $11.400 weerstandsniveau, wat een niveau van belang is geweest voor de asset op de korte en lange termijn.


De analist die de onderstaande grafiek deelde, zegt dat Bitcoin waarschijnlijk $11.000 zal raken voordat het tot $12.000 stijgt. Hij voegde eraan toe dat hij rond de $11.000 regio, zelfs naar $10.800 toe, een netto koper van Bitcoin zal zijn omdat de munt waarschijnlijk zal stuiteren na interactie met dat bereik.


De macro-trend is nog steeds gemakkelijk in het voordeel van stieren, zeggen analisten.

Vinny Lingham, chief executive van Civic, denkt dat de munt drie keer tot vijf keer in de komende 12 maanden zou kunnen worden verzameld, aangezien de macro trend stijgend blijft:

“Ik ben niet meer zo’n stijger geweest op #Bitcoin sinds 2016. De macrogebeurtenissen teisteren ons voor een andere stierenloop. BTC zou in de komende 12 maanden 3-5X kunnen gaan, maar als het 5X+ gaat, zijn we weer terug bij de bubblezone. De belangrijkste indicator is de BTC-dominantie – als die tijdens de run onder de 35% komt, moet u voorbehoud maken bij het leegmaken.”

Lingham is ook een partner bij Multicoin Capital. Multicoin Capital is een topinvesteerder in de crypto-ruimte, die investeert in topprojecten en een reeks goede stukken heeft uitgebracht over de markttrends.

De technische analyse stemt overeen met dit vrolijke sentiment.

Een crypto-asset-analist die gespecialiseerd is in marktcycli heeft onlangs de onderstaande grafiek gedeeld. Het toont aan dat de prijsactie van BTC nu zeer gelijkaardig is aan de weg die de markt in de laatste marktcyclus, van 2013 tot 2016, heeft afgelegd.

Deze analyse suggereert dat Bitcoin binnenkort weer een sterke poot hoger zal zien, waardoor het tegen het einde van november of in ieder geval tegen het einde van het jaar tot 13.000 dollar zou moeten stijgen.

Bitcoin’s on-chain strength is still decidedly in “bull mode”

Bitcoin has seen a strong rally in the past few weeks. The coin has rallied from the lows of $ 9,800 in early September to now $ 11,400.

Analysts say Bitcoin could bounce back in the near future as it faces increased selling pressure.
Despite these short-term bearish signs, the long-term trend remains bullish.

Well-known on-chain analyst Willy Woo believes that Bitcoin’s long-term trend is still decidedly positive despite short-term downside risks.

What’s next for Bitcoin?

Leading on-chain analyst Willy Woo predicts Bitcoin will fall towards the CME gap at the low $ 11,000 in the near future. The analyst comments that the cryptocurrency has a number of bearish factors that suggest it will crash towards these levels:

“This is short term technical analysis instead of my normal fundamentals; be warned that short term analysis is much less reliable, more likely for casino players. SUMMARY: I suspect that the last CME void (what is left of it in green) could be filled. ”

First, Woo notes that the underlying market trends suggest that there is a “hidden spread” of Bitcoin . At the same time, the BTC chart has started to resemble a textbook-like distribution pattern.

This coincidence suggests that Bitcoin will slide towards the CME gap at $ 11,200 in the near future. That would correspond to a decrease of 2-3% compared to the current prices.

Long-term trend remains positive

Despite these short-term factors that could compress the upward move in Bitcoin price, the long-term trend remains positive.

According to Woo, the fundamentals of the cryptocurrency in the chain are still in “bull mode”. He is confident that if BTC pulls back towards $ 10,000 it might be wise to invest capital in the coin:

“The on-chain fundamentals, which have a minimum time frame of 3 to 6 weeks, are in bull mode. If we get a withdrawal I would see it as an opportunity to put capital into BTC if you miss it in the 10k zone. ”

It is noteworthy that the hash rate on Bitcoin’s network recently hit a new all-time high. This suggests that miners are more confident than ever that cryptocurrency will continue to rise – because that means they will be profitable.

Atlas Quantum will have to pay R$ 100,000 for former employee with back salary since 2019

In addition to money, the company owes a balance in Bitcoin to a customer support coordinator who was laid off a year ago

Atlas Quantum was ordered by the Regional Labor Court of the 2nd Region (TRt – 2) to pay a debt of R$ 100,000 to a former employee who has not yet received the 2019 salary.

Therefore, according to the court decision, the former Atlas Quantum customer support coordinator should receive the termination sum presented in the conviction on a voluntary basis.

However, in addition to money, the former employee of the platform claims that he has a fraction of Bitcoin trapped in the business. However, the court did not grant the claim relating to the balance in kryptomoedas, as he claimed moral damages in relation to the amount retained in Atlas Quantum.

Former official sues Atlas Quantum

A labor lawsuit against Atlas Quantum ordered the company to voluntarily pay R$100,000 to a former employee who was fired in December 2019.

Thus, without receiving a salary, holiday and severance pay, the former Atlas Quantum customer support coordinator decided to seek justice to settle the labor debt.

Initially, the amount of the lawsuit was indicated as R$ 159,278.31 when considering the request for moral compensation requested by the plaintiff. But, with the rejection of this request, the amount of the labor claim was indicated as R$ 100,000 by the Justice.

“Narraws that he did not receive the salary of nov/19, severance pay, pending holiday, food and meal vouchers.”

Bitcoin arrested

A labor lawsuit against Atlas Quantum cites that the company has a labor debt of R$100,000 with the former customer support coordinator who was fired on December 16, 2019.

Thus, the former employee of the arbitration platform in Bitcoin claims that he did not receive the salary for the month of November of that year, in addition to other severance payments.

Meanwhile, in addition to not receiving the money owed by the company, the former employee also had a fraction of Bitcoin blocked by Atlas Quantum, as well as thousands of investors in the platform who continue with delayed withdrawals.

The value in Bitcoin that the former customer support coordinator has retained on the platform is the result of bonuses offered by the company in cryptomoedas.

According to the court case, the Bitcoin fraction of 0.44077140 (BTC) is withheld from the arbitration platform. The former Atlas Quantum employee was unable to withdraw his cryptomorphs about a year ago and has asked for moral compensation.

With the rejection of this request, Atlas Quantum will have to pay only R$ 100,000, which corresponds to the amount of labour the former employee is entitled to.

While Bitcoin trapped in the platform, the court did not rule on the return of the amount by the company. As the request for return in cryptomoedas did not provide evidence of the blockade, the balance in Bitcoin was not included in the decision on the voluntary payment of the labour debt by Atlas Quantum.

“There is no evidence in the file of the alleged blockade or unavailability of these amounts”.

¿Hora de entrar en pánico? El principal analista evalúa el mercado de Bitcoin, Ethereum y Altcoin después de un repentino retroceso de las criptomonedas

El cripto estratega Nicholas Merten está dando su evaluación del mercado en medio del repentino retroceso en Bitcoin Evolution, Ethereum y altcoins.

En un nuevo episodio de DataDash, el analista de cifrado dice que el mercado de cifrado más amplio debió retroceder después de que las valoraciones de altcoins se dispararan este año

“Los DEX han sido probablemente el indicador más claro de que debíamos realizar una corrección. Estábamos pendientes de una corrección desde enero, donde casi tuvimos, no exactamente, pero entre 7.5 y 10x en muchas de estas importantes jugadas de altcoin. Suele ocurrir cuando se obtienen valoraciones demasiado elevadas “.

Aunque la corrección profunda puede haber tomado desprevenidos a muchos operadores, Merten les recuerda a sus compañeros que los mercados de criptomonedas son famosos por su volatilidad.

“Este no es el momento de entrar en pánico. Este es el tipo de acción del precio que vemos y buscamos para obtener descuentos en el mercado … Acabo de promediar en ETH el otro día. Así que seguiré acumulando posiciones criptográficas que creo que son buenas aquí.

No me atrapan en el FUD y creo que especialmente para aquellos que han estado cerca, ya saben de lo que estoy hablando. Esto sucede todo el tiempo en los mercados de cifrado “.

Merten dice que Bitcoin parece sólido desde la perspectiva a largo plazo incluso después del retroceso precipitado

“Chart realmente no se ve tan mal. Lo que me parece hasta ahora es que hemos podido tomar esta loca tendencia a la baja que generalmente no ocurre, pero nuevamente no solemos tener este tipo de locas tendencias parabólicas, donde nosotros, tres veces en el pasado, fue rechazado aquí en este rango de precios ($ 10,000) después de ingresar al soporte. Ahora lo hemos convertido en soporte y tenemos la oportunidad de establecer un doble fondo aquí para demostrar que este es un nuevo soporte “.

También ofrece una serie de razones fundamentales por las que aún no es el momento de presionar el botón del pánico.

“Francamente chicos, por lo que estamos viendo aquí con las entradas reales de capital de compañías como MicroStrategy, en este caso, Grayscale, hay mucha más demanda institucional o demanda corporativa de Bitcoin en este caso que en realidad probablemente se mantendrá como un activo, y eso no permitirá que baje la capitalización de mercado. Mientras no haya una salida masiva de Bitcoin, es probable que no haya salidas masivas del mercado criptográfico total “.