Market summary
- Exchange
- KuCoin
- Market
- SPOT
- Base asset
- NS
- Quote asset
- USDT
- Session
- 24x7
- Timezone
- Etc/UTC
Live chart context, market statistics, related news, published ideas, and trader discussion for NS/USDT.
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Bitcoin broke out of a ten-week range, reaching $81,300 on August 25, driven by aggressive spot ETF buying and short covering rather than leverage. Nineteen of the top 20 altcoins also saw significant gains, with Zcash, Aave, and XRP showing strong performance. The market is currently consolidating between $77,100 and $81,000, with future direction dependent on ETF flows and upcoming macroeconomic catalysts like the Jackson Hole keynote.
The CFTC is proposing to remove the order book requirement for permitted transactions on Swap Execution Facilities (SEFs), citing low usage of these order books by market participants.
Kraken has released a survey of 2,001 US adults indicating that 63% of Americans feel they are falling behind financially, highlighting a gap in financial products that offer rewards without requiring debt. In response, Kraken is promoting the 'Krak Card', a spending card that provides cashback as real money rather than points and allows users to hold value across multiple asset classes without borrowing.
Short-form discussion for this symbol. Publish a full thesis as an Idea.
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