Binance will delist a number of trading pairs due to low liquidity.
The list includes: BTS/ETH, LOOM/BNB, OAX/ETH, ONG/BNB, POWR/BNB, WAVES/TUSD.
The removal will take place tomorrow at 12:00 PM (UTC).
The list includes: BTS/ETH, LOOM/BNB, OAX/ETH, ONG/BNB, POWR/BNB, WAVES/TUSD.
The removal will take place tomorrow at 12:00 PM (UTC).
The dark side of the halving
Less than two weeks are left before the Bitcoin halving, with many analysts predicting that the asset price will rise to new highs after the anticipated event. Our first article about Bitcoin halving, "Will halving raise the BTC rate to $12,000?" highlighted the main reasons behind a possible growth of Bitcoin.
Today we would like to look at the event from a different perspective and focus on the "dark side" of the halving and identify the main reasons why the price may not surge so high neither before nor after this miner reward cut.
Read article
#BLOG
Less than two weeks are left before the Bitcoin halving, with many analysts predicting that the asset price will rise to new highs after the anticipated event. Our first article about Bitcoin halving, "Will halving raise the BTC rate to $12,000?" highlighted the main reasons behind a possible growth of Bitcoin.
Today we would like to look at the event from a different perspective and focus on the "dark side" of the halving and identify the main reasons why the price may not surge so high neither before nor after this miner reward cut.
Read article
#BLOG
Here’s our digest with the hottest news:
Capitalization: $246 billion
Trading Volume (24h): $204 billion
BTC Dominance: 65.2%
BTC: $8,778 (-5.60%)
🔹Pavel Durov once again postponed the launch of the TON blockchain platform due to the ban by the U.S. court. Investors have a choice between an immediate return of 72% of the amount and a 110% return by April 30, 2021.
🔹London start-up and crypto-derivatives market data provider, Skew, launched the skewTrading platform and raised $5 million in a new round of financing. Skew intends to use the raised capital to expand the engineering team and strengthen the distribution network. The total volume of investments received by the company reached $7 million.
🔹 As per the Whale Alert twitter bot, Tether issued 160 million USDT before the start of the Bitcoin rally.
🔹Binance trading volume has exceeded $16 billion over the past 24 hours, CZ, the CEO noted: “The exchange outshined its own performance during the peak of January 2018”.
🔹BitMex crypto-derivatives exchange has lost approximately 50% of the market over the past six months. Last November, BitMEX accounted for 41.6% of the total interest. Now, this value has fallen to 21%. Most users chose other platforms migrating to ByBit, FTX and Binance Futures.
#3C_digest
Capitalization: $246 billion
Trading Volume (24h): $204 billion
BTC Dominance: 65.2%
BTC: $8,778 (-5.60%)
🔹Pavel Durov once again postponed the launch of the TON blockchain platform due to the ban by the U.S. court. Investors have a choice between an immediate return of 72% of the amount and a 110% return by April 30, 2021.
🔹London start-up and crypto-derivatives market data provider, Skew, launched the skewTrading platform and raised $5 million in a new round of financing. Skew intends to use the raised capital to expand the engineering team and strengthen the distribution network. The total volume of investments received by the company reached $7 million.
🔹 As per the Whale Alert twitter bot, Tether issued 160 million USDT before the start of the Bitcoin rally.
🔹Binance trading volume has exceeded $16 billion over the past 24 hours, CZ, the CEO noted: “The exchange outshined its own performance during the peak of January 2018”.
🔹BitMex crypto-derivatives exchange has lost approximately 50% of the market over the past six months. Last November, BitMEX accounted for 41.6% of the total interest. Now, this value has fallen to 21%. Most users chose other platforms migrating to ByBit, FTX and Binance Futures.
#3C_digest
We are glad to inform you that the contest for the best review has ended!
You can watch the reviews that won prizes in the post.
Here are the winners!
Desy Andreeva
Abhishek Singh
Victor Triga
Devendra Singh
Timmy
They get a promo code for 30 days of access to the PRO functionality!
We are very pleased to receive positive feedback from you, so we give all other participants a promo code for 10 days of access to the PRO functionality!
Please check your Email to get the prizes!
You can watch the reviews that won prizes in the post.
Here are the winners!
Desy Andreeva
Abhishek Singh
Victor Triga
Devendra Singh
Timmy
They get a promo code for 30 days of access to the PRO functionality!
We are very pleased to receive positive feedback from you, so we give all other participants a promo code for 10 days of access to the PRO functionality!
Please check your Email to get the prizes!
The Next Gold Rush Is to Overtake the Market?
The whole world is quarantined, small and medium-sized businesses are literally demolished, unemployment rates are reaching new highs, and people are running out of money. At the same time, the crypto industry witnessed capital inflow and intensive growth of interest in the first quarter of 2020. This article will concentrate on whether the crypto market can be expected to become the next “Gold Rush” of the modern days.
Read article
#BLOG
The whole world is quarantined, small and medium-sized businesses are literally demolished, unemployment rates are reaching new highs, and people are running out of money. At the same time, the crypto industry witnessed capital inflow and intensive growth of interest in the first quarter of 2020. This article will concentrate on whether the crypto market can be expected to become the next “Gold Rush” of the modern days.
Read article
#BLOG
Here’s our digest with the hottest news:
Capitalization: $250 billion
Trading Volume (24h): $144 billion
BTC Dominance: 66.1%
BTC: $9,029 (+0.18%)
⚡️Six days left until bitcoin halving⚡️
🔹 Mimblewimble protocol testing has kicked off on the Litecoin network. The Mimblewimble protocol aims to improve the privacy, scalability, and functionality of the blockchain.
🔹 The Telegram team sent an updated letter to investors stating that US investors will not be able to stay in the project for another year and expect to return 110% of their investments. The only option available to them is to pick up 72% of the investment.
🔹 Vitalik Buterin said that with the transition to Ethereum 2.0, emission of ETH is going to decrease from 4.7 million to a number in between 100,000 and 2 million ETH a year. Most likely, issuance will be significantly lower than 2 million ETH.
#3C_digest
Capitalization: $250 billion
Trading Volume (24h): $144 billion
BTC Dominance: 66.1%
BTC: $9,029 (+0.18%)
⚡️Six days left until bitcoin halving⚡️
🔹 Mimblewimble protocol testing has kicked off on the Litecoin network. The Mimblewimble protocol aims to improve the privacy, scalability, and functionality of the blockchain.
🔹 The Telegram team sent an updated letter to investors stating that US investors will not be able to stay in the project for another year and expect to return 110% of their investments. The only option available to them is to pick up 72% of the investment.
🔹 Vitalik Buterin said that with the transition to Ethereum 2.0, emission of ETH is going to decrease from 4.7 million to a number in between 100,000 and 2 million ETH a year. Most likely, issuance will be significantly lower than 2 million ETH.
#3C_digest
Blockchain scalability trilemma
From a technical point of view, creating a centralized network that supports transactional scalability is a no-brainer. This has already been done by PayPal, Visa, MasterCard, and many others. Building a system that offers its users an optimal combination of scalability, decentralization, and security is a non-trivial task. Vitalik Buterin was the first to outline the scalability trilemma. The problem is that blockchain systems can only excel at two of the following three properties: decentralization, security, and scalability.
In this article, we will dive into this issue and have a look at the solutions that exist today.
Read Article
#BLOG
From a technical point of view, creating a centralized network that supports transactional scalability is a no-brainer. This has already been done by PayPal, Visa, MasterCard, and many others. Building a system that offers its users an optimal combination of scalability, decentralization, and security is a non-trivial task. Vitalik Buterin was the first to outline the scalability trilemma. The problem is that blockchain systems can only excel at two of the following three properties: decentralization, security, and scalability.
In this article, we will dive into this issue and have a look at the solutions that exist today.
Read Article
#BLOG
Here’s our digest with the hottest news:
Capitalization: $264 billion
Trading Volume (24h): $197 billion
BTC Dominance: 67.8%
BTC: $9,773 (+5.20%)
🔹Open interest for bitcoin on the CME futures exchange set a historical maximum of $400 million. One of the analysts claims that open interest is net short and betting on a price decline.
🔹IntoTheBlock analysts’ latest report revealed data on Tether addresses. According to the report, 115 addresses control 56% of the total Tether supply. Moreover, 28.89% of the coins are stored on nine addresses, while 106 large-scale enterprises hold 27.11%.
🔹The independent TON community has launched its own version of the blockchain. The Free TON community, which consists of software developers, validators, and users, announced the launch of its own blockchain on Thursday. The network is based on the original code but uses its own tokens, which will be distributed among users.
🔹The largest manufacturer of mining equipment Bitmain has confirmed problems with the new Antminer S17 units. After numerous customer complaints, Bitmain confirmed that the new Antminer S17 series ASICs have problems and said they would take “all necessary measures” to fix them.
#3C_digest
Capitalization: $264 billion
Trading Volume (24h): $197 billion
BTC Dominance: 67.8%
BTC: $9,773 (+5.20%)
🔹Open interest for bitcoin on the CME futures exchange set a historical maximum of $400 million. One of the analysts claims that open interest is net short and betting on a price decline.
🔹IntoTheBlock analysts’ latest report revealed data on Tether addresses. According to the report, 115 addresses control 56% of the total Tether supply. Moreover, 28.89% of the coins are stored on nine addresses, while 106 large-scale enterprises hold 27.11%.
🔹The independent TON community has launched its own version of the blockchain. The Free TON community, which consists of software developers, validators, and users, announced the launch of its own blockchain on Thursday. The network is based on the original code but uses its own tokens, which will be distributed among users.
🔹The largest manufacturer of mining equipment Bitmain has confirmed problems with the new Antminer S17 units. After numerous customer complaints, Bitmain confirmed that the new Antminer S17 series ASICs have problems and said they would take “all necessary measures” to fix them.
#3C_digest
Binance will delist a number of trading pairs due to low liquidity.
The list includes: AMB/ETH, APPC/ETH, AST/ETH, BAT/TUSD, BCPT/ETH, INS/ETH, NEO/PAX, NXS/ETH, QTUM/BNB, STRAT/BNB, SYS/ETH, TFUEL/BNB, XEM/BNB.
The removal will take place tomorrow at 12:00 PM (UTC).
The list includes: AMB/ETH, APPC/ETH, AST/ETH, BAT/TUSD, BCPT/ETH, INS/ETH, NEO/PAX, NXS/ETH, QTUM/BNB, STRAT/BNB, SYS/ETH, TFUEL/BNB, XEM/BNB.
The removal will take place tomorrow at 12:00 PM (UTC).
Last chance to register for the trading competition!
Dear 3Commas users, registration for the joint Bybit and 3commas tournament will be closed tomorrow. The competition will be held from May 14 to May 23.
To win, you need to achieve the highest PnL from all competitors on the BTCUSD Inverse Perpetual contract on Bybit (not USDT Perpetual contract).
Follow the instructions to complete the registration:
Step 1. Fill out the participation application. This is necessary to receive a trading bonus successfully.
Step 2. Please proceed to the contest page in order to register. To complete registration, deposit 0.02 BTC into your account.
Bonuses for the participants:
- free trading bots;
- free signals;
- $10 trading bonus.
Fill out an application
Dear 3Commas users, registration for the joint Bybit and 3commas tournament will be closed tomorrow. The competition will be held from May 14 to May 23.
To win, you need to achieve the highest PnL from all competitors on the BTCUSD Inverse Perpetual contract on Bybit (not USDT Perpetual contract).
Follow the instructions to complete the registration:
Step 1. Fill out the participation application. This is necessary to receive a trading bonus successfully.
Step 2. Please proceed to the contest page in order to register. To complete registration, deposit 0.02 BTC into your account.
Bonuses for the participants:
- free trading bots;
- free signals;
- $10 trading bonus.
Fill out an application
Here’s our digest with the hottest news:
Capitalization: $243 billion
Trading Volume (24h): $132 billion
BTC Dominance: 67.2%
BTC: $8,907 (+2.27%)
🔹 Binance will launch Binance Leveraged Tokens (BLVT) and simultaneously list the first pair of leveraged tokens, BTCUP and BTCDOWN, which are similar to the controversial and recently delisted FTX tokens. The listing is scheduled for 2020/05/14 at 10:00 AM (UTC)
🔹 Nuriel Roubini called Bitcoin a scam based on its recent 15% drop over 7 minutes. The economist added that this type of wanton crashes is a sign of a manipulated market.
🔹 Cryptocurrency derivatives exchange ErisX announced the launch of physically settled Ether (ETH) futures contracts, a first-of-its-kind debut in the U.S. Users can trade the contracts starting May 11th. Contracts are based on ETH-USD with monthly and quarterly expiration dates.
🔹 Researchers at an analytics company Glassnode have provided growth statistics for bitcoin wallets. The number of bitcoin addresses holding less than 1 BTC has doubled over the past four years, while the addresses with over 1000 BTC gained 13.2%.
#3C_digest
Capitalization: $243 billion
Trading Volume (24h): $132 billion
BTC Dominance: 67.2%
BTC: $8,907 (+2.27%)
🔹 Binance will launch Binance Leveraged Tokens (BLVT) and simultaneously list the first pair of leveraged tokens, BTCUP and BTCDOWN, which are similar to the controversial and recently delisted FTX tokens. The listing is scheduled for 2020/05/14 at 10:00 AM (UTC)
🔹 Nuriel Roubini called Bitcoin a scam based on its recent 15% drop over 7 minutes. The economist added that this type of wanton crashes is a sign of a manipulated market.
🔹 Cryptocurrency derivatives exchange ErisX announced the launch of physically settled Ether (ETH) futures contracts, a first-of-its-kind debut in the U.S. Users can trade the contracts starting May 11th. Contracts are based on ETH-USD with monthly and quarterly expiration dates.
🔹 Researchers at an analytics company Glassnode have provided growth statistics for bitcoin wallets. The number of bitcoin addresses holding less than 1 BTC has doubled over the past four years, while the addresses with over 1000 BTC gained 13.2%.
#3C_digest
Learn how to trade better
Improve your trading skills with our academy. Two updated courses are available for you, we hope you find them useful:
15 Minutes to Financial Freedom
This course covers all the main functions of 3Commas: Smart Trade, Buy/Sell functions, Split Targets, Trailing Take Profit and Stop Loss. It includes trading techniques from the basics of trading with bots to trading psychology. Suitable for both beginners and advanced users, including ones who want to learn as quickly as possible.
Account builders
The goal of the course is to teach the techniques of increasing the size of your trading account. You will learn how to quickly configure 3Commas and start trading, as well as learn three effective methods of building your account.
Read more
Improve your trading skills with our academy. Two updated courses are available for you, we hope you find them useful:
15 Minutes to Financial Freedom
This course covers all the main functions of 3Commas: Smart Trade, Buy/Sell functions, Split Targets, Trailing Take Profit and Stop Loss. It includes trading techniques from the basics of trading with bots to trading psychology. Suitable for both beginners and advanced users, including ones who want to learn as quickly as possible.
Account builders
The goal of the course is to teach the techniques of increasing the size of your trading account. You will learn how to quickly configure 3Commas and start trading, as well as learn three effective methods of building your account.
Read more
📌 Release notes s_43
🔹Stop-loss timeout is now available for trading futures with Smart Trade. What is a Stop Loss Timeout?
🔹We added a PNL (%ROE) status message to the “Profit/Loss” section on deal status displays in Smart Trade terminal (future trading): %ROE - profit and loss on this contract, and return on equity percentage.
🔹Information on funds locked on smart trades is now displayed when you hover over the blue balance on the Smart Trade terminal screen when a Futures exchange is selected.
🔹The “Favorite exchanges” function has been added. Now selected exchanges are shown at the top of the exchanges list.
🔹Stop-loss timeout is now available for trading futures with Smart Trade. What is a Stop Loss Timeout?
🔹We added a PNL (%ROE) status message to the “Profit/Loss” section on deal status displays in Smart Trade terminal (future trading): %ROE - profit and loss on this contract, and return on equity percentage.
🔹Information on funds locked on smart trades is now displayed when you hover over the blue balance on the Smart Trade terminal screen when a Futures exchange is selected.
🔹The “Favorite exchanges” function has been added. Now selected exchanges are shown at the top of the exchanges list.
Atomic Swaps
The process of exchanging cryptocurrencies on exchanges and other specialized platforms can still be quite time-consuming and often involves high commissions. In addition, not all exchanges support the necessary coins or the necessary trading pairs. As a result, a trader who wants to exchange one cryptocurrency for another is faced with the need for additional conversions.
In this article we will elaborate on how the atomic swap technology solves these problems and eliminates the need for trusting a third-party.
Read article
#BLOG
The process of exchanging cryptocurrencies on exchanges and other specialized platforms can still be quite time-consuming and often involves high commissions. In addition, not all exchanges support the necessary coins or the necessary trading pairs. As a result, a trader who wants to exchange one cryptocurrency for another is faced with the need for additional conversions.
In this article we will elaborate on how the atomic swap technology solves these problems and eliminates the need for trusting a third-party.
Read article
#BLOG
Capitalization: $260 billion
Trading Volume (24h): $181 billion
BTC Dominance: 67.4%
BTC: $9,508 (+1.42%)
🔹 Stablecoin market capitalization reached $10.4 billion - this is a record figure in the entire history of stablecoins.
🔹 According to Whale Alert, 9,000 Ethereum coins stolen from Upbit exchange in November have been moved. The stolen ETH was sent to an unknown wallet.
🔹 The German online bank Bitwala started accepting deposits in bitcoin. The news was shared on their official Twitter account. The annual interest rate on cryptocurrency deposits will be as high as 4%. In addition, deposits will not require funds to be frozen, as digital assets can be withdrawn at any time.
🔹 Experts from Fortune Business Insights analytic company believe that the blockchain market will reach $21 billion by 2025. According to the report, the main reason for the growth of blockchain technologies is that more and more enterprises around the world are increasingly investing in blockchain research and development.
#3C_digest
Trading Volume (24h): $181 billion
BTC Dominance: 67.4%
BTC: $9,508 (+1.42%)
🔹 Stablecoin market capitalization reached $10.4 billion - this is a record figure in the entire history of stablecoins.
🔹 According to Whale Alert, 9,000 Ethereum coins stolen from Upbit exchange in November have been moved. The stolen ETH was sent to an unknown wallet.
🔹 The German online bank Bitwala started accepting deposits in bitcoin. The news was shared on their official Twitter account. The annual interest rate on cryptocurrency deposits will be as high as 4%. In addition, deposits will not require funds to be frozen, as digital assets can be withdrawn at any time.
🔹 Experts from Fortune Business Insights analytic company believe that the blockchain market will reach $21 billion by 2025. According to the report, the main reason for the growth of blockchain technologies is that more and more enterprises around the world are increasingly investing in blockchain research and development.
#3C_digest
Cryptocurrency Market Manipulation
“Let me tell you something you already know. The cryptocurrency world ain’t all sunshine and rainbows. It’s a very mean and nasty place, and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it.” — reference to Rocky Balboa.
In this article, we will have a look at different kinds of manipulations that take place in the cryptocurrency market.
Read article
#BLOG
“Let me tell you something you already know. The cryptocurrency world ain’t all sunshine and rainbows. It’s a very mean and nasty place, and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it.” — reference to Rocky Balboa.
In this article, we will have a look at different kinds of manipulations that take place in the cryptocurrency market.
Read article
#BLOG
Meet the updated 3Commas iOS app
What's new:
- Switch between real and paper trading right in the app;
- Create new Gordon bots with just a few taps;
- Bug fixes.
Download the latest 3Commas app from the App Store today!
If you like the 3Commas app, be sure to rate us on the App Store.
You can reach out to us at mobile@3Commas.io - We look forward to your feedback!
Please note:
If you did not receive an update notification, you can force the update via the link above.
What's new:
- Switch between real and paper trading right in the app;
- Create new Gordon bots with just a few taps;
- Bug fixes.
Download the latest 3Commas app from the App Store today!
If you like the 3Commas app, be sure to rate us on the App Store.
You can reach out to us at mobile@3Commas.io - We look forward to your feedback!
Please note:
If you did not receive an update notification, you can force the update via the link above.
The digital future of government currencies
The Bank for International Settlements, also known as “The Central Bank of Central Banks”, published a study in January 2020, which states that the world Central Banks are conducting “extensive” work on launching digital currencies.
In this article, we will elaborate on the current situation in the development of the world government digital currencies.
Read article
#BLOG
The Bank for International Settlements, also known as “The Central Bank of Central Banks”, published a study in January 2020, which states that the world Central Banks are conducting “extensive” work on launching digital currencies.
In this article, we will elaborate on the current situation in the development of the world government digital currencies.
Read article
#BLOG
Here's our digest with the hottest news:
Capitalization: $267 billion
Trading Volume (24h): $119 billion
BTC Dominance: 67%
BTC: $9,749 (+1.75%)
🔹 A new record for trading Bitcoin options has been set on the CME Chicago Stock Exchange. The total trading volume over the past ten days has exceeded $140 million. Most likely, institutional investors have opened call options, expecting a further price increase.
🔹 Another Chinese pyramid scheme was busted. This time, the crypto scam Wotoken stole more than $1 billion in cryptocurrency from 715,000 users. One of the main Wotoken operators is supposedly associated with the PlusToken pyramid scheme.
🔹 The popularity of Bitcoin on Twitter continues to grow, matching the levels of the 2017 bullish trend. In addition, over the past 30 days, the number of tweets on Bitcoin has skyrocketed to its highest point in two and a half years.
🔹 A prominent writer and entrepreneur, Robert Kiyosaki, believes that Bitcoin will reach $75,000 in the next three years. Kiyosaki names the United States Federal Reserve's incompetent acts as one of the reasons, which can lead to the death of the US economy with possibly huge ramifications for global economy as a whole.
🔹 Ceteris Paribus analyst provided data on the growth of the number of ETH tokens on exchanges. The current indicator is at record highs, approximately 18 million coins are currently stored on exchanges. The analyst suggested that this trend may be bearish for the value of Ethereum.
#3C_digest
Capitalization: $267 billion
Trading Volume (24h): $119 billion
BTC Dominance: 67%
BTC: $9,749 (+1.75%)
🔹 A new record for trading Bitcoin options has been set on the CME Chicago Stock Exchange. The total trading volume over the past ten days has exceeded $140 million. Most likely, institutional investors have opened call options, expecting a further price increase.
🔹 Another Chinese pyramid scheme was busted. This time, the crypto scam Wotoken stole more than $1 billion in cryptocurrency from 715,000 users. One of the main Wotoken operators is supposedly associated with the PlusToken pyramid scheme.
🔹 The popularity of Bitcoin on Twitter continues to grow, matching the levels of the 2017 bullish trend. In addition, over the past 30 days, the number of tweets on Bitcoin has skyrocketed to its highest point in two and a half years.
🔹 A prominent writer and entrepreneur, Robert Kiyosaki, believes that Bitcoin will reach $75,000 in the next three years. Kiyosaki names the United States Federal Reserve's incompetent acts as one of the reasons, which can lead to the death of the US economy with possibly huge ramifications for global economy as a whole.
🔹 Ceteris Paribus analyst provided data on the growth of the number of ETH tokens on exchanges. The current indicator is at record highs, approximately 18 million coins are currently stored on exchanges. The analyst suggested that this trend may be bearish for the value of Ethereum.
#3C_digest