Here's our digest with the hottest news:
Capitalization: $1.5 trillion
Trading Volume (24h): $245 billion
BTC Dominance: 61.2%
BTC: 50,650$ (+1.81%)
🔹Bitcoin took a downturn Monday as BTC dropped 18% to $46,700 lows, causing rampant liquidations across derivatives markets.
🔹Crypto firms Bitfinex and Tether have settled with the New York Attorney General’s (NYAG’s) office over a case that began about two years ago, agreeing to pay $18.5 million as part of the settlement.
🔹MoneyGram suspended its partnership with Ripple due to SEC lawsuit.
🔹Tesla’s bitcoin investment turned out to be more profitable than selling electric vehicles.
🔹A sharp localized flash crash on Kraken caused the traders to lose more than the actual market loss in other crypto exchanges. Kraken users are considering filing a lawsuit to reclaim their funds.
#3C_digest
Capitalization: $1.5 trillion
Trading Volume (24h): $245 billion
BTC Dominance: 61.2%
BTC: 50,650$ (+1.81%)
🔹Bitcoin took a downturn Monday as BTC dropped 18% to $46,700 lows, causing rampant liquidations across derivatives markets.
🔹Crypto firms Bitfinex and Tether have settled with the New York Attorney General’s (NYAG’s) office over a case that began about two years ago, agreeing to pay $18.5 million as part of the settlement.
🔹MoneyGram suspended its partnership with Ripple due to SEC lawsuit.
🔹Tesla’s bitcoin investment turned out to be more profitable than selling electric vehicles.
🔹A sharp localized flash crash on Kraken caused the traders to lose more than the actual market loss in other crypto exchanges. Kraken users are considering filing a lawsuit to reclaim their funds.
#3C_digest
Here's our digest with the hottest news:
Capitalization: $1.3 trillion
Trading Volume (24h): $162 billion
BTC Dominance: 61.6%
BTC: 45,049$ (-10.83%)
🔹Coinbase's S-1 Form was published by the U.S. Securities and Exchange Commission (SEC), clearing the way for its much-anticipated direct listing on Nasdaq.
🔹Bitcoin futures trading volume exceeded $177 billion. One-third of the trades took place on Binance.
🔹 Warren Buffett's Berkshire Hathaway company ruled out investing in bitcoin due to the asset's high volatility.
🔹Microstrategy announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin. The Company now holds an aggregate of approximately 90,531 bitcoins.
🔹Jack Dorsey's Square purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million.
🔹Alameda Research invested $35 million into Fantom Foundation.
#3C_digest
Capitalization: $1.3 trillion
Trading Volume (24h): $162 billion
BTC Dominance: 61.6%
BTC: 45,049$ (-10.83%)
🔹Coinbase's S-1 Form was published by the U.S. Securities and Exchange Commission (SEC), clearing the way for its much-anticipated direct listing on Nasdaq.
🔹Bitcoin futures trading volume exceeded $177 billion. One-third of the trades took place on Binance.
🔹 Warren Buffett's Berkshire Hathaway company ruled out investing in bitcoin due to the asset's high volatility.
🔹Microstrategy announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin. The Company now holds an aggregate of approximately 90,531 bitcoins.
🔹Jack Dorsey's Square purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million.
🔹Alameda Research invested $35 million into Fantom Foundation.
#3C_digest
Uniswap – Decentralized Exchange 101
Created in 2018, Uniswap is currently one of the largest decentralized exchanges in the crypto world. It’s unicity, pardon the pun, comes from it’s outstanding performance compared to the leading centralized exchanges in terms of funds turnover and popularity. It’s ability to exchange tokens in a single click without any restrictions or KYC requirements makes Uniswap one of the most promising and evolving directions in the development of decentralized finance (DeFi) and the world of cryptocurrencies.
In today’s article, we will take a look at Uniswap’s structure, examine its features and capabilities, and describe the steps required to start trading tokens on this forward-thinking decentralized exchange.
Read article
Created in 2018, Uniswap is currently one of the largest decentralized exchanges in the crypto world. It’s unicity, pardon the pun, comes from it’s outstanding performance compared to the leading centralized exchanges in terms of funds turnover and popularity. It’s ability to exchange tokens in a single click without any restrictions or KYC requirements makes Uniswap one of the most promising and evolving directions in the development of decentralized finance (DeFi) and the world of cryptocurrencies.
In today’s article, we will take a look at Uniswap’s structure, examine its features and capabilities, and describe the steps required to start trading tokens on this forward-thinking decentralized exchange.
Read article
Dear traders,
As of today, March 1st, 2021, we will update the subnoscription system for our users in order to increase the speed of processing your payments.
Please note that this update does not affect any processes of the bots, they will work normally without any difficulties.
If you encounter difficulties when paying for a service, we kindly ask you to try again in 1 hour.
As of today, March 1st, 2021, we will update the subnoscription system for our users in order to increase the speed of processing your payments.
Please note that this update does not affect any processes of the bots, they will work normally without any difficulties.
If you encounter difficulties when paying for a service, we kindly ask you to try again in 1 hour.
Hey there! It's Monday... which means it's time to sum up and recap the past week and tell you all about the work the 3Commas team has done!
🔷 Added USDT-M ETH and BTC futures contracts for @Binance, available for trading in the desktop version and 3Commas app as well as the 3Commas Terminal, Smart Trade, DCA, and GRID bots.
🔷 Improved WebSocket for @BitMEX, now the speed of the order placement and execution is comparable to that of Binance orders.
🔷 Fixed minor bugs.
🔷 Added USDT-M ETH and BTC futures contracts for @Binance, available for trading in the desktop version and 3Commas app as well as the 3Commas Terminal, Smart Trade, DCA, and GRID bots.
🔷 Improved WebSocket for @BitMEX, now the speed of the order placement and execution is comparable to that of Binance orders.
🔷 Fixed minor bugs.
Dear Traders,
Binance will be conducting a scheduled USDⓈ-M futures system upgrade starting at 2021-03-02 01:00 AM (UTC).
The upgrade will take approximately 1 hour.
https://www.binance.com/en/support/announcement/dc264763bd3249b3a5b89289bc1105b4
During the upgrade period, Binance will suspend USDⓈ-M futures contracts trading. Please note that the upgrade will not affect COIN-M futures contracts trading.
For API traders, Binance will stop accepting USDⓈ-M futures contracts order cancellation requests made via POST /fapi/v1/s/countdownCancelAll 2 hours prior to the start of the system upgrade. Please refer to the detailed API documentation here.
We recommend you take caution in monitoring your trades directly on Binance until the maintenance has completed.
Binance will be conducting a scheduled USDⓈ-M futures system upgrade starting at 2021-03-02 01:00 AM (UTC).
The upgrade will take approximately 1 hour.
https://www.binance.com/en/support/announcement/dc264763bd3249b3a5b89289bc1105b4
During the upgrade period, Binance will suspend USDⓈ-M futures contracts trading. Please note that the upgrade will not affect COIN-M futures contracts trading.
For API traders, Binance will stop accepting USDⓈ-M futures contracts order cancellation requests made via POST /fapi/v1/s/countdownCancelAll 2 hours prior to the start of the system upgrade. Please refer to the detailed API documentation here.
We recommend you take caution in monitoring your trades directly on Binance until the maintenance has completed.
A Primer on Cross-Chains
Back in the early 2010s, many cryptocurrency (crypto) developers believed that they could provide a “one-size-fits-all” solution. Crypto enthusiasts planned to execute every aspect of blockchain technology, including transactions and smart contracts. Now, however, it is clear that such an approach is not practical, especially considering scalability constraints and innovation detours on the project’s path to success. In this case, cross-chains, or bridges between individual blockchains, come to the rescue and pave the way to improving the blockchain ecosystem.
Read article
Back in the early 2010s, many cryptocurrency (crypto) developers believed that they could provide a “one-size-fits-all” solution. Crypto enthusiasts planned to execute every aspect of blockchain technology, including transactions and smart contracts. Now, however, it is clear that such an approach is not practical, especially considering scalability constraints and innovation detours on the project’s path to success. In this case, cross-chains, or bridges between individual blockchains, come to the rescue and pave the way to improving the blockchain ecosystem.
Read article
Here's our digest with the hottest news:
Capitalization: $1.5 trillion
Trading Volume (24h): $124 billion
BTC Dominance: 60.7%
BTC: 49,750$ (+2.42%)
🔹Goldman Sachs is relaunching its crypto trading desk after 3-year pause.
🔹PlanB's S2F model suggests further bitcoin growth. The model is running "like clockwork," the analyst stated.
🔹CBOE is seeking approval from the U.S. Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF).
🔹Jack Dorsey's Square Inc. announced its industrial bank, Square Financial Services, has begun operations.
🔹Microstrategy acquired additional $15 million worth of BTC. MicroStrategy now has 90,859 BTC, purchased at an average price of $24,063 per bitcoin.
#3C_digest
Capitalization: $1.5 trillion
Trading Volume (24h): $124 billion
BTC Dominance: 60.7%
BTC: 49,750$ (+2.42%)
🔹Goldman Sachs is relaunching its crypto trading desk after 3-year pause.
🔹PlanB's S2F model suggests further bitcoin growth. The model is running "like clockwork," the analyst stated.
🔹CBOE is seeking approval from the U.S. Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF).
🔹Jack Dorsey's Square Inc. announced its industrial bank, Square Financial Services, has begun operations.
🔹Microstrategy acquired additional $15 million worth of BTC. MicroStrategy now has 90,859 BTC, purchased at an average price of $24,063 per bitcoin.
#3C_digest
Here's our digest with the hottest news:
Capitalization: $1.4 trillion
Trading Volume (24h): $132 billion
BTC Dominance: 60.6%
BTC: 47,485$ (+3.75%)
🔹Purpose ETF purchased another 1,077 BTC in a single week. The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins.
🔹Meerkat Finance, a decentralized finance project, has been drained by $31 million worth of crypto assets due to a hack.
🔹 Block.one co-founder and EOS cryptocurrency creator, Daniel Larimer, announced his new project, the Clarion decentralized social network.
🔹According to Jesse Powell, the CEO of major cryptocurrency exchange and bank Kraken, Bitcoin could hit $1 million in the coming decade.
🔹Dogecoin surpassed Bitcoin and Ethereum to become the most discussed cryptocurrency on Twitter this February.
#3C_digest
Capitalization: $1.4 trillion
Trading Volume (24h): $132 billion
BTC Dominance: 60.6%
BTC: 47,485$ (+3.75%)
🔹Purpose ETF purchased another 1,077 BTC in a single week. The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins.
🔹Meerkat Finance, a decentralized finance project, has been drained by $31 million worth of crypto assets due to a hack.
🔹 Block.one co-founder and EOS cryptocurrency creator, Daniel Larimer, announced his new project, the Clarion decentralized social network.
🔹According to Jesse Powell, the CEO of major cryptocurrency exchange and bank Kraken, Bitcoin could hit $1 million in the coming decade.
🔹Dogecoin surpassed Bitcoin and Ethereum to become the most discussed cryptocurrency on Twitter this February.
#3C_digest
Using Binance Smart Chain
In one of our previous articles, we talked about Uniswap’s decentralized exchange platform specifics and described the necessary steps for first-time users to make their first token exchange.
In today’s article, we will review the Binance Smart Chain, a new development in blockchain technology which can be used for inexpensive yet speedy ERC20 token transfers. In this article, we explain the difference between the token standards available on Binance. We also provide comprehensive guide on how to use the tools for inter-network transactions.
Read article: https://3commas.io/blog/using-binance-smart-chain
In one of our previous articles, we talked about Uniswap’s decentralized exchange platform specifics and described the necessary steps for first-time users to make their first token exchange.
In today’s article, we will review the Binance Smart Chain, a new development in blockchain technology which can be used for inexpensive yet speedy ERC20 token transfers. In this article, we explain the difference between the token standards available on Binance. We also provide comprehensive guide on how to use the tools for inter-network transactions.
Read article: https://3commas.io/blog/using-binance-smart-chain
Forwarded from Binance Announcements
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Binance Spot Trading System Upgrade Notice (2021-03-06)
https://www.binance.com/en/support/announcement/f02cab4e685b46da803bb0a680546d4b
https://www.binance.com/en/support/announcement/f02cab4e685b46da803bb0a680546d4b
Forwarded from Deribit Notifications
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Scheduled Maintenance
Saturday 6 March 2021
⚠️ Time: 9 AM UTC (pending market volatility)
Expected downtime: up to 20 -40 minutes. Please be aware that any open positions will be at risk for a longer period.
Client impact: No protocol impact, however the system will be down for around 20-40 minutes. Client systems will not be able to communicate with Deribit during this time.
Type: Erlang and Linux version updates.
Saturday 6 March 2021
⚠️ Time: 9 AM UTC (pending market volatility)
Expected downtime: up to 20 -40 minutes. Please be aware that any open positions will be at risk for a longer period.
Client impact: No protocol impact, however the system will be down for around 20-40 minutes. Client systems will not be able to communicate with Deribit during this time.
Type: Erlang and Linux version updates.
Dear traders,
We are aware that our web interface has been experiencing intermittent access issues.
All trades are safe and still active.
Our engineering team is working towards a fix and we will update once we have a resolution. In the interim, we encourage you to utilize our mobile app as it is not impacted.
Best,
The 3Commas Team
We are aware that our web interface has been experiencing intermittent access issues.
All trades are safe and still active.
Our engineering team is working towards a fix and we will update once we have a resolution. In the interim, we encourage you to utilize our mobile app as it is not impacted.
Best,
The 3Commas Team
➡️ The new collaboration⬅️
Get to know Coincidental Trading!
Welcome Coincidental Trading is a Telegram trading channel with a community feeling. They are here to help every trader and guide you to your own financial independence. 3Commas and Coincidental Trading collaborated and created the new tool called LineTrader that connects with the 3Commas platform. It will automatically convert their signals to Smart Trades in 3Commas with multiple targets, SL & other predefinable features. It is also possible to convert custom signals to Smart Trades.
Since today they also made a connection between TradingView & 3Commas. A breaking trendline can now be converted automatically to a Smart Trade with all requested selling points.
Besides all of this, they have an amazing dedicated group of admins and members who are willing to help out. Regular base market updates on BTC and alts, posted as text and a broadcast, are also part of the service.
Join Coincidental Trading now and get to know them!
Get to know Coincidental Trading!
Welcome Coincidental Trading is a Telegram trading channel with a community feeling. They are here to help every trader and guide you to your own financial independence. 3Commas and Coincidental Trading collaborated and created the new tool called LineTrader that connects with the 3Commas platform. It will automatically convert their signals to Smart Trades in 3Commas with multiple targets, SL & other predefinable features. It is also possible to convert custom signals to Smart Trades.
Since today they also made a connection between TradingView & 3Commas. A breaking trendline can now be converted automatically to a Smart Trade with all requested selling points.
Besides all of this, they have an amazing dedicated group of admins and members who are willing to help out. Regular base market updates on BTC and alts, posted as text and a broadcast, are also part of the service.
Join Coincidental Trading now and get to know them!
Here's our digest with the hottest news:
Capitalization: $1.67 trillion
Trading Volume (24h): $124 billion
BTC Dominance: 61.1%
BTC: 54,880$ (+0.45%)
🔹NYDIG, a leading provider of technology and investment solutions for Bitcoin, announced a $200 million growth capital round.
🔹Canadian regulators have approved a third Bitcoin ETF after more than $500 million was invested in competing products.
🔹The top 100 crypto exchanges trading volume set a new record high reaching $1.64 trillion.
🔹PayPal announced that it has agreed to acquire a leading cloud-based infrastructure provider Curv.
🔹Ripple and MoneyGram decided to end their partnership.
#3C_digest
Capitalization: $1.67 trillion
Trading Volume (24h): $124 billion
BTC Dominance: 61.1%
BTC: 54,880$ (+0.45%)
🔹NYDIG, a leading provider of technology and investment solutions for Bitcoin, announced a $200 million growth capital round.
🔹Canadian regulators have approved a third Bitcoin ETF after more than $500 million was invested in competing products.
🔹The top 100 crypto exchanges trading volume set a new record high reaching $1.64 trillion.
🔹PayPal announced that it has agreed to acquire a leading cloud-based infrastructure provider Curv.
🔹Ripple and MoneyGram decided to end their partnership.
#3C_digest
Here's our digest with the hottest news:
Capitalization: $1.7 trillion
Trading Volume (24h): $131 billion
BTC Dominance: 61.2%
BTC: 56,578$ (+3.44%)
🔹Purpose ETF purchased another 1,077 BTC in a single week. The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins.
🔹Meerkat Finance, a decentralized finance project, has been drained by $31 million worth of crypto assets due to a hack.
🔹 Block.one co-founder and EOS cryptocurrency creator, Daniel Larimer, announced his new project, the Clarion decentralized social network.
🔹According to Jesse Powell, the CEO of major cryptocurrency exchange and bank Kraken, Bitcoin could hit $1 million in the coming decade.
🔹Dogecoin surpassed Bitcoin and Ethereum to become the most discussed cryptocurrency on Twitter this February.
#3C_digest
Capitalization: $1.7 trillion
Trading Volume (24h): $131 billion
BTC Dominance: 61.2%
BTC: 56,578$ (+3.44%)
🔹Purpose ETF purchased another 1,077 BTC in a single week. The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins.
🔹Meerkat Finance, a decentralized finance project, has been drained by $31 million worth of crypto assets due to a hack.
🔹 Block.one co-founder and EOS cryptocurrency creator, Daniel Larimer, announced his new project, the Clarion decentralized social network.
🔹According to Jesse Powell, the CEO of major cryptocurrency exchange and bank Kraken, Bitcoin could hit $1 million in the coming decade.
🔹Dogecoin surpassed Bitcoin and Ethereum to become the most discussed cryptocurrency on Twitter this February.
#3C_digest
Binance Spring Tournament is coming! 🏆
Binance, the world’s largest cryptocurrency exchange, is launching a trading battle with a prize pool of over $1,600,000 in BNB to be won! The Binance Futures Tournament will run from March 17th through April 1st with a daily draw of $75,000 among participants.
We invite you to join the 3Commas team and compete for the grand prize! Winners will be determined by net profits and the team that demonstrates the greatest ROI will win! Are you ready to compete?
Join the 3Commas Team
Binance, the world’s largest cryptocurrency exchange, is launching a trading battle with a prize pool of over $1,600,000 in BNB to be won! The Binance Futures Tournament will run from March 17th through April 1st with a daily draw of $75,000 among participants.
We invite you to join the 3Commas team and compete for the grand prize! Winners will be determined by net profits and the team that demonstrates the greatest ROI will win! Are you ready to compete?
Join the 3Commas Team
Trend Reversal Patterns
Inverse Head and Shoulders, Double Bottom, Descending Wedge
The cryptocurrency market is subject to the same laws and patterns as any other market. Trends are constantly interchanging, regardless of the timeframe and the selected chart. In order to make trading decisions and find the best entry points, it is necessary to understand what signals indicate a trend reversal. The most common trend reversal patterns are inverted head and shoulders, double bottom and descending wedge.
In today’s article, we will analyze each of these patterns, consider their key features and share some ideas on how to benefit from using them.
Read article
Inverse Head and Shoulders, Double Bottom, Descending Wedge
The cryptocurrency market is subject to the same laws and patterns as any other market. Trends are constantly interchanging, regardless of the timeframe and the selected chart. In order to make trading decisions and find the best entry points, it is necessary to understand what signals indicate a trend reversal. The most common trend reversal patterns are inverted head and shoulders, double bottom and descending wedge.
In today’s article, we will analyze each of these patterns, consider their key features and share some ideas on how to benefit from using them.
Read article
“Butterfly” Options Trading Strategy
Buying cryptocurrency Options can often offer investors a relatively inexpensive and low-risk way of trading digital assets compared to trading cryptocurrency futures or open-ended swaps. An Option is a type of derivative contract that gives its buyer the right (but not the obligation) to buy or sell the underlying asset at a set price upon its expiration date (or, in some cases, prior to expiration).
Options are some of the most complex trading tools on the crypto market. But do not worry – there are numerous unique trading strategies, which will come in handy when learning how to use the tool. Today, we will review the Butterfly Options strategy, which allows for users to profit even during the flat periods of the market. Read our previous article to learn the fundamentals of Options trading.
Read article
Buying cryptocurrency Options can often offer investors a relatively inexpensive and low-risk way of trading digital assets compared to trading cryptocurrency futures or open-ended swaps. An Option is a type of derivative contract that gives its buyer the right (but not the obligation) to buy or sell the underlying asset at a set price upon its expiration date (or, in some cases, prior to expiration).
Options are some of the most complex trading tools on the crypto market. But do not worry – there are numerous unique trading strategies, which will come in handy when learning how to use the tool. Today, we will review the Butterfly Options strategy, which allows for users to profit even during the flat periods of the market. Read our previous article to learn the fundamentals of Options trading.
Read article
Here's our digest with the hottest news:
Capitalization: $1.7 trillion
Trading Volume (24h): $127 billion
BTC Dominance: 60.5%
BTC: 55,851$ (+1.65%)
🔹BitMEX co-founder Ben Delo was released on $20M bond after surrender. The terms of the bail allow him to go return to the United Kingdom. Benjamin was accused of violating the country's Bank Secrecy Act.
🔹Elon Musk tweeted a video Monday afternoon showing an animated gold trophy emblazoned with the words "vanity trophy," "HODL" and "computers never sleep" while the song he's selling as an NFT plays in the background. The value of the tweet on the v.cent platform exceeded $1.1 million.
🔹Robert Kiyosaki advised his followers to buy bitcoin, gold and silver as the government passes the $1.9 trillion stimulus bill.
🔹Justin Sun presented documentation for the TRC-721 tokens deployment to create NFTs on the Tron network.
🔹Coinbase co-founder Fred Ehrsam addressed crypto project founders on how to "prepare for whatever is ahead."
#3C_digest
Capitalization: $1.7 trillion
Trading Volume (24h): $127 billion
BTC Dominance: 60.5%
BTC: 55,851$ (+1.65%)
🔹BitMEX co-founder Ben Delo was released on $20M bond after surrender. The terms of the bail allow him to go return to the United Kingdom. Benjamin was accused of violating the country's Bank Secrecy Act.
🔹Elon Musk tweeted a video Monday afternoon showing an animated gold trophy emblazoned with the words "vanity trophy," "HODL" and "computers never sleep" while the song he's selling as an NFT plays in the background. The value of the tweet on the v.cent platform exceeded $1.1 million.
🔹Robert Kiyosaki advised his followers to buy bitcoin, gold and silver as the government passes the $1.9 trillion stimulus bill.
🔹Justin Sun presented documentation for the TRC-721 tokens deployment to create NFTs on the Tron network.
🔹Coinbase co-founder Fred Ehrsam addressed crypto project founders on how to "prepare for whatever is ahead."
#3C_digest
The Binance Futures Trading Contest is on! Don’t miss your chance to join the 3Commas team!
Join the 3Commas team and compete for the grand prize of $450,000!
Details:
The Binance Futures Tournament runs from March 17th through April 1st.
🏆 The prize pool is $1,600,000! 🏆
💰 Daily draw of $75,000 among participants. 💰
How To Enter:
Visit the contest page to join the 3Commas team, type “3Commas” in the search field and click “Join”
Also, for all participants of the contest, the signals are available for free!
Participate
Join the 3Commas team and compete for the grand prize of $450,000!
Details:
The Binance Futures Tournament runs from March 17th through April 1st.
🏆 The prize pool is $1,600,000! 🏆
💰 Daily draw of $75,000 among participants. 💰
How To Enter:
Visit the contest page to join the 3Commas team, type “3Commas” in the search field and click “Join”
Also, for all participants of the contest, the signals are available for free!
Participate