Market Situation Overview
Last week crypto market faced one of the worst decline for all the history of crypto-industry. Bitcoin became an object of the biggest sale loosing $70 billion and falling lower than $4000. Market capitalization decreased by $100 billion.
The positive aspect is that sales pressure comes not from the crypto-ecosystem, but from traditional financial economics and external factors. Unlike stock exchange companies, Bitcoin is falling because of panic reactions, not because of some fundamental factors affecting its value.
In this article we will analyze the main reasons of market decline over the past week.
Read article
#BLOG
Last week crypto market faced one of the worst decline for all the history of crypto-industry. Bitcoin became an object of the biggest sale loosing $70 billion and falling lower than $4000. Market capitalization decreased by $100 billion.
The positive aspect is that sales pressure comes not from the crypto-ecosystem, but from traditional financial economics and external factors. Unlike stock exchange companies, Bitcoin is falling because of panic reactions, not because of some fundamental factors affecting its value.
In this article we will analyze the main reasons of market decline over the past week.
Read article
#BLOG
The Most Interesting News in Our Digest
Capitalization: $149 billion
Trade volume (24h): $113 billion
BTC Dominance: 63.5%
BTC: $5,194 (-0,07%)
After the Fed's decision, Bitcoin reacted with a rapid 15% growth. However, the growth did not last long. Just an hour later, when Wall Street futures opened in red, Bitcoin returned to the $5300 range.
Bitcoin continues to trade in a wide range (4500-6000) and has high daily volatility, which is the reason for many liquidations on exchanges.
🔹Fed has lowered the base rate again, this time almost to zero. The decision to reduce the rate to 0 - 0.25% was made in response to the negative impact of the coronavirus pandemic on the global economy.
🔹The Bitcoin correlation with the S&P 500 index reached its highest level ever. This was stated by Arcane Research analysts. Just in that one day the correlation progressed from an insignificant level of 0.1 to more than 0.5. Despite the fact that the drop of the correlation will drop sharply again, there is no doubt that investors are no longer considering the cryptocurrency as a "safe haven" due to problems in the global economy.
🔹 The Bitcoin price is still within the Stock-to-Flow model values. It was stated by the creator of the PlanB-model on his Twitter noting that the extremely high volatility within the predicted interval is caused by vulnerable investors.
🔹 Bakkt CEO Adam White has announced new payment integration with Starbucks. Some users of Starbucks app have the opportunity to pay for their purchases with "Bakkt Cash" along with other options.
🔹BitMEX was attacked by DDoS during the market decline. Trading on the BitMEX Cryptocurrency Derivatives Exchange was interrupted on March 13 during the market decline. In the result, a total sum of 40 BTCs ($200,000) was paid to the victims of the attack.
BitMEX CEO Arthur Heiss reported in company's blog that DDoS attacks were organized on March 13. The orders setup on the stock exchange has slowed down significantly and worked incorrectly due to the attacks resulting the losses on 156 exchange accounts.
#3C_digest
Capitalization: $149 billion
Trade volume (24h): $113 billion
BTC Dominance: 63.5%
BTC: $5,194 (-0,07%)
After the Fed's decision, Bitcoin reacted with a rapid 15% growth. However, the growth did not last long. Just an hour later, when Wall Street futures opened in red, Bitcoin returned to the $5300 range.
Bitcoin continues to trade in a wide range (4500-6000) and has high daily volatility, which is the reason for many liquidations on exchanges.
🔹Fed has lowered the base rate again, this time almost to zero. The decision to reduce the rate to 0 - 0.25% was made in response to the negative impact of the coronavirus pandemic on the global economy.
🔹The Bitcoin correlation with the S&P 500 index reached its highest level ever. This was stated by Arcane Research analysts. Just in that one day the correlation progressed from an insignificant level of 0.1 to more than 0.5. Despite the fact that the drop of the correlation will drop sharply again, there is no doubt that investors are no longer considering the cryptocurrency as a "safe haven" due to problems in the global economy.
🔹 The Bitcoin price is still within the Stock-to-Flow model values. It was stated by the creator of the PlanB-model on his Twitter noting that the extremely high volatility within the predicted interval is caused by vulnerable investors.
🔹 Bakkt CEO Adam White has announced new payment integration with Starbucks. Some users of Starbucks app have the opportunity to pay for their purchases with "Bakkt Cash" along with other options.
🔹BitMEX was attacked by DDoS during the market decline. Trading on the BitMEX Cryptocurrency Derivatives Exchange was interrupted on March 13 during the market decline. In the result, a total sum of 40 BTCs ($200,000) was paid to the victims of the attack.
BitMEX CEO Arthur Heiss reported in company's blog that DDoS attacks were organized on March 13. The orders setup on the stock exchange has slowed down significantly and worked incorrectly due to the attacks resulting the losses on 156 exchange accounts.
#3C_digest
Introducing Cross Leverage — a New Feature in the Futures Smart Trade Terminal
🔹 We have added a new feature for Bybit and Bitmex futures trading. Set the amount you want to use for the trade, and the leverage will be calculated automatically.
Example:
- You have $100, but you want to trade using $245
- Choose "Cross" as Leverage type
- In the Units field, enter the amount you wish to trade with, in this case, $245
- Upon creation and execution of the trade, you will have an open position of $245 with a leverage of x2.45
Available for Bybit and Bitmex exchanges on the Pro subnoscription plan.
🔹Market movement prediction:
Vote for BTC, ETH, and other popular coins. Press like button if it's time to Buy, Sell or Hold.
Check real-time cryptocurrency rankings.
🔹 We have added a new feature for Bybit and Bitmex futures trading. Set the amount you want to use for the trade, and the leverage will be calculated automatically.
Example:
- You have $100, but you want to trade using $245
- Choose "Cross" as Leverage type
- In the Units field, enter the amount you wish to trade with, in this case, $245
- Upon creation and execution of the trade, you will have an open position of $245 with a leverage of x2.45
Available for Bybit and Bitmex exchanges on the Pro subnoscription plan.
🔹Market movement prediction:
Vote for BTC, ETH, and other popular coins. Press like button if it's time to Buy, Sell or Hold.
Check real-time cryptocurrency rankings.
Notice of Removal of Trading Pairs on Binance
AMB/BNB, DUSK/USDC, NULS/BNB, QSP/BNB, RCN/BNB - 2020/03/20
https://binance.zendesk.com/hc/en-us/articles/360040740472
AMB/BNB, DUSK/USDC, NULS/BNB, QSP/BNB, RCN/BNB - 2020/03/20
https://binance.zendesk.com/hc/en-us/articles/360040740472
Bitcoin’s Deflationary Model and its Impact on the Price
"Moderate inflation is good for the economy while deflation leads to stagnation" — this statement is so widespread that most people do not even bother to evaluate its fairness. But Bitcoin’s supply is limited, therefore, its economy is deflationary.
This article will work through the differences between deflation and inflation as well as if Bitcoin’s deflation will lead to it’s long-term price increase.
Read article
#BLOG
"Moderate inflation is good for the economy while deflation leads to stagnation" — this statement is so widespread that most people do not even bother to evaluate its fairness. But Bitcoin’s supply is limited, therefore, its economy is deflationary.
This article will work through the differences between deflation and inflation as well as if Bitcoin’s deflation will lead to it’s long-term price increase.
Read article
#BLOG
MarketCap: $178,170,034,801
24h Mcap Change: 20.73%
Bitcoin Dominance: 64.1%
Active Cryptos: 2,354
24h Volume Change:34.12%
24h Volume:$117,373,962,717Here’s our digest with the latest news:
Capitalization: $175 billion
Trade volume (24h): $170 billion
BTC Dominance: 64.6%
BTC: 6,199$ (+16,54%)
Bitcoin is once again in an upward trend and has climbed above the 50-day moving average. Despite last week's huge losses, the asset is starting to recover above $5700. At current value, Bitcoin witnessed a 40% rise from its March 13 low. If the upward trend continues, the key resistance level is in the $5900-$6000 range and the support level is in the $4600-$4800 range.
🔹Tether starts its printing press once again. During the last three months USDT supply has grown by 13.5%. Over the last week alone, the company printed USDT 180M worth $180M. Prior printing often led to market growth and tended to be a good signal for the BTC ecosystem.
🔹BitMEX published a study on the impact of Coronavirus on the economy and financial markets. Analysts believe that the epidemic will cause major changes in the economic regime, which will lead to inflation. They also noted that Bitcoin may show positive performance during such a difficult financial situation for the markets.
🔹The number of "Buy Bitcoin" requests in Google Trends spiked to YOY record highs during the market crash.
#3C_digest
Capitalization: $175 billion
Trade volume (24h): $170 billion
BTC Dominance: 64.6%
BTC: 6,199$ (+16,54%)
Bitcoin is once again in an upward trend and has climbed above the 50-day moving average. Despite last week's huge losses, the asset is starting to recover above $5700. At current value, Bitcoin witnessed a 40% rise from its March 13 low. If the upward trend continues, the key resistance level is in the $5900-$6000 range and the support level is in the $4600-$4800 range.
🔹Tether starts its printing press once again. During the last three months USDT supply has grown by 13.5%. Over the last week alone, the company printed USDT 180M worth $180M. Prior printing often led to market growth and tended to be a good signal for the BTC ecosystem.
🔹BitMEX published a study on the impact of Coronavirus on the economy and financial markets. Analysts believe that the epidemic will cause major changes in the economic regime, which will lead to inflation. They also noted that Bitcoin may show positive performance during such a difficult financial situation for the markets.
🔹The number of "Buy Bitcoin" requests in Google Trends spiked to YOY record highs during the market crash.
#3C_digest
Accelerating a Transaction In a Clogged Network
Many users have been in a situation where it was necessary to speed up the transaction. On March 19, for example, the Ethereum network was so clogged that the number of "stuck" transactions reached 75 thousand, and many users’ transactions awaited confirmations for over a day.
In this article we'll consider ways to speed up and cancel transactions on both Bitcoin and Ethereum blockchains, as well as analyze the sources, providing the relevant transaction fees information in order to increase the confirmation speed.
Read article
#BLOG
Many users have been in a situation where it was necessary to speed up the transaction. On March 19, for example, the Ethereum network was so clogged that the number of "stuck" transactions reached 75 thousand, and many users’ transactions awaited confirmations for over a day.
In this article we'll consider ways to speed up and cancel transactions on both Bitcoin and Ethereum blockchains, as well as analyze the sources, providing the relevant transaction fees information in order to increase the confirmation speed.
Read article
#BLOG
Here’s our digest with the latest news:
Capitalization: $186 billion
Trade volume (24h): $142 billion
BTC Dominance: 65.7%
BTC: 6,685$ (+2.72%)
Over the past 24 hours, Bitcoin has continued showing strong growth, adding over 15% to its value and solidifying at $6700. Cryptocurrencies market is gradually beginning to recover after the bleeding and is entering the green phase, having increased by $12 billion over the past two days.
🔹USD starts to weaken amid new large-scale support measures from the Fed, aimed at providing dollar liquidity. Analysts believe that QE will have a positive impact on bitcoin’s price in the long term.
🔹Correlation between Bitcoin and S&P 500 reached a historic high last week — Arcane Research analysts stated, noting that this connection is most visible during the sharp decline in the value of the cryptographic currency.
🔹The U.S. suggested using a cryptocurrency to fight COVID-19. House Democrats stated that digital dollar issuance would help restore the economy and accelerate social payments to citizens.
🔹The largest mining company Bitmain announced the official sales launch of the next-gen Antminer S19. Sales are kicking off in China with international sales following soon.
🔹China’s Central Bank has posted a statement, noscriptd “Protection of Financial Consumption Rights and Interests”. The document provides information on the risks of investing in Bitcoin and other cryptocurrencies. The Central Bank named three main problems associated with cryptocurrencies: trading volumes manipulation, multiple technical failures and money laundering.
#3C_digest
Capitalization: $186 billion
Trade volume (24h): $142 billion
BTC Dominance: 65.7%
BTC: 6,685$ (+2.72%)
Over the past 24 hours, Bitcoin has continued showing strong growth, adding over 15% to its value and solidifying at $6700. Cryptocurrencies market is gradually beginning to recover after the bleeding and is entering the green phase, having increased by $12 billion over the past two days.
🔹USD starts to weaken amid new large-scale support measures from the Fed, aimed at providing dollar liquidity. Analysts believe that QE will have a positive impact on bitcoin’s price in the long term.
🔹Correlation between Bitcoin and S&P 500 reached a historic high last week — Arcane Research analysts stated, noting that this connection is most visible during the sharp decline in the value of the cryptographic currency.
🔹The U.S. suggested using a cryptocurrency to fight COVID-19. House Democrats stated that digital dollar issuance would help restore the economy and accelerate social payments to citizens.
🔹The largest mining company Bitmain announced the official sales launch of the next-gen Antminer S19. Sales are kicking off in China with international sales following soon.
🔹China’s Central Bank has posted a statement, noscriptd “Protection of Financial Consumption Rights and Interests”. The document provides information on the risks of investing in Bitcoin and other cryptocurrencies. The Central Bank named three main problems associated with cryptocurrencies: trading volumes manipulation, multiple technical failures and money laundering.
#3C_digest
📱Dear friends, we've updated 3Commas iOS app
What's new:
🔹New design of login and registration screen.
🔹Updates on the "Dashboard" screen. Now tap on the exchange account displays the number of coins, their price, amount in $, and price change in $.
🔹Some updates in the "Summary" section, here you can see information about all the coins on your exchanges.
🔹Now you can connect new exchanges on the "My Exchanges" section.
🔹New section where you can view and compare all available subnoscription plans.
🔹Bots and Smart Trade section — offers more information for easy viewing. Tap on a deal or trade for more details.
🔹Bot details sections — more accessible than ever, you can now see deal start conditions.
🔹To contact support, go to the “Settings” screen, select “Help Center” and start a dialogue in right corner at the bottom of screen.
✉️We are looking forward to your feedback, contact us via mobile@3Commas.io. If you like the 3Commas app, please rate us on the App Store.
🛒 Download 3Commas app from App Store ➡️ https://apps.apple.com/us/app/3commas-cryptocurrency-tool/id1370977008
A notification to update your active app will come in 7 days.
What's new:
🔹New design of login and registration screen.
🔹Updates on the "Dashboard" screen. Now tap on the exchange account displays the number of coins, their price, amount in $, and price change in $.
🔹Some updates in the "Summary" section, here you can see information about all the coins on your exchanges.
🔹Now you can connect new exchanges on the "My Exchanges" section.
🔹New section where you can view and compare all available subnoscription plans.
🔹Bots and Smart Trade section — offers more information for easy viewing. Tap on a deal or trade for more details.
🔹Bot details sections — more accessible than ever, you can now see deal start conditions.
🔹To contact support, go to the “Settings” screen, select “Help Center” and start a dialogue in right corner at the bottom of screen.
✉️We are looking forward to your feedback, contact us via mobile@3Commas.io. If you like the 3Commas app, please rate us on the App Store.
🛒 Download 3Commas app from App Store ➡️ https://apps.apple.com/us/app/3commas-cryptocurrency-tool/id1370977008
A notification to update your active app will come in 7 days.
Forwarded from Dericlientbot
TIME CONFIRMATION
🛠 SCHEDULED MAINTENANCE - THURSDAY 26 MARCH 2 PM UTC (pending market volatility)
Expected downtime 5 - 15 minutes.
Type: Various functionality improvements, new security measures and bug fixes. See change list here: https://www.deribit.com/pages/information/Releases
Client impact: No protocol impact, however the system will be down for around 5-15 minutes. Client systems will not be able to communicate with Deribit during this time.
‼️ALL USERS LOGGED IN VIA FRONTEND ARE REQUIRED TO LOGIN AGAIN AFTER RELEASE.
🛠 SCHEDULED MAINTENANCE - THURSDAY 26 MARCH 2 PM UTC (pending market volatility)
Expected downtime 5 - 15 minutes.
Type: Various functionality improvements, new security measures and bug fixes. See change list here: https://www.deribit.com/pages/information/Releases
Client impact: No protocol impact, however the system will be down for around 5-15 minutes. Client systems will not be able to communicate with Deribit during this time.
‼️ALL USERS LOGGED IN VIA FRONTEND ARE REQUIRED TO LOGIN AGAIN AFTER RELEASE.
Margin Trading: “Big money comes with significant risks”
Volatility demonstrated by the cryptocurrencies market allows traders to profit during both bear and bull markets through margin trading.
This article elaborates on margin trading, as well as the main advantages and disadvantages of working with this tool.
Read article
#BLOG
Volatility demonstrated by the cryptocurrencies market allows traders to profit during both bear and bull markets through margin trading.
This article elaborates on margin trading, as well as the main advantages and disadvantages of working with this tool.
Read article
#BLOG
Notice of Removal of 15 Trading Pairs on Binance
AE/BNB, APPC/BNB, BCPTBNB, CMT/BNB, DNT/ETH, DUSK/PAX, MTH/ETH, NXS/BNB, OMG/BNB, PHB/BNB, POE/ETH, RDN/BNB, SKY/BNB, WPR/ETH, XLM/PAX
https://binance.zendesk.com/hc/en-us/articles/360041076472-Notice-of-Removal-of-Trading-Pairs-2020-03-27
AE/BNB, APPC/BNB, BCPTBNB, CMT/BNB, DNT/ETH, DUSK/PAX, MTH/ETH, NXS/BNB, OMG/BNB, PHB/BNB, POE/ETH, RDN/BNB, SKY/BNB, WPR/ETH, XLM/PAX
https://binance.zendesk.com/hc/en-us/articles/360041076472-Notice-of-Removal-of-Trading-Pairs-2020-03-27
Check out our digest with the hottest news:
Capitalization: $193 billion
Trading Volume (24h): $124 billion
BTC Dominance: 65.6%
BTC: 6,692$ (+ 0.62%)
Bitcoin has faced strong resistance at $7,000. The BTC price may form a “double top” pattern if the rate repeatedly reaches the $7000 mark. The development of this pattern will lead to a BTC price decrease back to the support level of $6400.
🔹 The Southern District Court of New York (USA) has ruled Gram tokens to be securities, forbidding the transfer of tokens to 175 investors who acquired the corresponding rights during the ICO in early 2018. Telegram lawyers have filed an appeal in an attempt to change the court’s decision.
🔹Analytics division of the American cryptocurrency exchange Kraken believes that the price of bitcoin can reach $350,000 over the next 25 years due to the generational shift. An article states that the coming decades will see the most significant wealth transfer in history, as ‘Generation X’ and ‘Millennials’ in the U.S. alone inherit almost $70 trillion, which will inevitably affect the cryptocurrency rate.
🔹 The U.S. Department of Homeland Security has added blockchain technology to a list of critical infrastructures due to the Covid-19 emergency.
🔹 The Bitcoin network hash rate has dropped 15.95% to reach 75.702 EH/s — this is the second-largest decrease in the network’s history.
#3C_digest
Capitalization: $193 billion
Trading Volume (24h): $124 billion
BTC Dominance: 65.6%
BTC: 6,692$ (+ 0.62%)
Bitcoin has faced strong resistance at $7,000. The BTC price may form a “double top” pattern if the rate repeatedly reaches the $7000 mark. The development of this pattern will lead to a BTC price decrease back to the support level of $6400.
🔹 The Southern District Court of New York (USA) has ruled Gram tokens to be securities, forbidding the transfer of tokens to 175 investors who acquired the corresponding rights during the ICO in early 2018. Telegram lawyers have filed an appeal in an attempt to change the court’s decision.
🔹Analytics division of the American cryptocurrency exchange Kraken believes that the price of bitcoin can reach $350,000 over the next 25 years due to the generational shift. An article states that the coming decades will see the most significant wealth transfer in history, as ‘Generation X’ and ‘Millennials’ in the U.S. alone inherit almost $70 trillion, which will inevitably affect the cryptocurrency rate.
🔹 The U.S. Department of Homeland Security has added blockchain technology to a list of critical infrastructures due to the Covid-19 emergency.
🔹 The Bitcoin network hash rate has dropped 15.95% to reach 75.702 EH/s — this is the second-largest decrease in the network’s history.
#3C_digest
🔥Futures Trading is Available through the Smart Trade Terminal
Trade futures on Binance Futures, Bitmex, and Bybit exchanges through the Smart Trade terminal.
Available subnoscription plans:
- Starter
- Advanced
- Pro
Benefits of Futures Trading
🔹 Exposure to short positions. Apart of long position profits, traders may also benefit from ''shorts” by trading cryptocurrencies while the price is falling.
🔹Leverage. Leverage allows traders to enter the positions, exceeding their account balance.
🔹Manage your risks. Hedging is the core value of futures. To insure yourself against risks, you can buy futures when required. After its expiration, you will sell your bitcoins at a specified initial price, receiving an estimated amount regardless of the exchange rate rise or fall.
We recommend you to study the guide on Futures Trading through the Smart Trade terminal.
Trade futures on Binance Futures, Bitmex, and Bybit exchanges through the Smart Trade terminal.
Available subnoscription plans:
- Starter
- Advanced
- Pro
Benefits of Futures Trading
🔹 Exposure to short positions. Apart of long position profits, traders may also benefit from ''shorts” by trading cryptocurrencies while the price is falling.
🔹Leverage. Leverage allows traders to enter the positions, exceeding their account balance.
🔹Manage your risks. Hedging is the core value of futures. To insure yourself against risks, you can buy futures when required. After its expiration, you will sell your bitcoins at a specified initial price, receiving an estimated amount regardless of the exchange rate rise or fall.
We recommend you to study the guide on Futures Trading through the Smart Trade terminal.
Binance will delist all existing FTX leveraged tokens
https://binance.zendesk.com/hc/en-us/articles/360041613471
The main reason for delisting trading pairs is a lack of understanding of how leveraged tokens work by many users. Hence, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs and will stop trading at 2020/03/31 10:00 AM (UTC).
The assets being delisted include BULL, BEAR, ETHBULL, ETHBEAR, EOSBULL, EOSBEAR, BNBBULL, BNBBEAR, XRPBULL, and XRPBEAR.
https://binance.zendesk.com/hc/en-us/articles/360041613471
The main reason for delisting trading pairs is a lack of understanding of how leveraged tokens work by many users. Hence, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs and will stop trading at 2020/03/31 10:00 AM (UTC).
The assets being delisted include BULL, BEAR, ETHBULL, ETHBEAR, EOSBULL, EOSBEAR, BNBBULL, BNBBEAR, XRPBULL, and XRPBEAR.
Ten recommendations on margin trading
In the previous article, we’ve looked into what margin trading is and what the advantages and disadvantages of this tool are.
In continuation of this topic, we’ve prepared ten basic recommendations for margin trading, which are vital to be absorbed before one starts trading.
Read article
#BLOG
In the previous article, we’ve looked into what margin trading is and what the advantages and disadvantages of this tool are.
In continuation of this topic, we’ve prepared ten basic recommendations for margin trading, which are vital to be absorbed before one starts trading.
Read article
#BLOG
Here’s our digest with the hottest news:
Capitalization: $178 billion
Trading Volume (24h): $105 billion
BTC Dominance: 64.8%
BTC: $ 6.326 (-1.62%)
Bitcoin's price is recovering after its fall to $5,800 last weekend, but the asset is still in a downtrend.
If bitcoin gains a foothold above the resistance level of $6500, a short-term trend change will be in sight. This will open an opportunity for the bulls to force their way above the key level of $7000.
🔹 Binance is in the final stages of talks to acquire CoinMarketCap. The Block stated that the transaction value may be as high as $400 million. When completed, that would make it one of the largest acquisitions in the crypto space. Other terms of the deal remain unknown.
🔹 SEC appealed to the court with a request to not limit the distribution ban of Gram tokens solely to US investors. The SEC added that the token distribution restriction applies to everyone and this statement does not require further explanation.
🔹 Microsoft patented a new mining system, named “Cryptocurrency System Using Body Activity Data”. This technology will allow users to earn a cryptocurrency during physical and mental activity — users may receive rewards for watching ads and playing sports.
🔹 Those, who lost funds due to the Mt. Gox collapse, will have to wait for compensation again. The submission deadline for the Mt. Gox rehabilitation plan has been pushed back to the first of June after a draft proposed last week was met with opposition from numerous creditors.
🔹 The co-founder of Ethereum Vitalik Buterin said that the launch of the multiclient testnet for Ethereum 2.0 is likely to happen in April.
#3C_digest
Capitalization: $178 billion
Trading Volume (24h): $105 billion
BTC Dominance: 64.8%
BTC: $ 6.326 (-1.62%)
Bitcoin's price is recovering after its fall to $5,800 last weekend, but the asset is still in a downtrend.
If bitcoin gains a foothold above the resistance level of $6500, a short-term trend change will be in sight. This will open an opportunity for the bulls to force their way above the key level of $7000.
🔹 Binance is in the final stages of talks to acquire CoinMarketCap. The Block stated that the transaction value may be as high as $400 million. When completed, that would make it one of the largest acquisitions in the crypto space. Other terms of the deal remain unknown.
🔹 SEC appealed to the court with a request to not limit the distribution ban of Gram tokens solely to US investors. The SEC added that the token distribution restriction applies to everyone and this statement does not require further explanation.
🔹 Microsoft patented a new mining system, named “Cryptocurrency System Using Body Activity Data”. This technology will allow users to earn a cryptocurrency during physical and mental activity — users may receive rewards for watching ads and playing sports.
🔹 Those, who lost funds due to the Mt. Gox collapse, will have to wait for compensation again. The submission deadline for the Mt. Gox rehabilitation plan has been pushed back to the first of June after a draft proposed last week was met with opposition from numerous creditors.
🔹 The co-founder of Ethereum Vitalik Buterin said that the launch of the multiclient testnet for Ethereum 2.0 is likely to happen in April.
#3C_digest
Attention for the Paper Trading users!
Tomorrow, on the 2nd of April, a scheduled system update for the Paper Trading accounts will take place. The process will take several minutes.
During the system update period, Paper Trading orders will not be created.
Tomorrow, on the 2nd of April, a scheduled system update for the Paper Trading accounts will take place. The process will take several minutes.
During the system update period, Paper Trading orders will not be created.