Here's our digest with the hottest news:
Capitalization: $263 billion
Trading Volume (24h): $65 billion
BTC Dominance: 65%
BTC: $9,315 (-1.28%)
🔹The ConsenSys company has announced an Ethereum 2.0 staking program with major participants, such as Binance, Crypto.com, DARMA Capital, Huobi Wallet, and more.
🔹The CME Bitcoin Derivatives Exchange has shown a 20-fold growth of the open interest in Bitcoin options since May. Open interest has grown from $13 million to $360 million in six weeks.
🔹Compound (COMP) is launching on Coinbase Pro on June 22.
🔹The Binance Exchange is launching a UK trading platform that will be regulated by the Financial Regulatory and Supervisory Authority (FSA). The platform is expected to provide access to 65 digital assets at the time of the launch later this summer.
🔹Shares of the Canaan Creative mining company dropped 80% since its listing on the NASDAQ exchange. Shares are now trading at their historic low of $1.90 apiece.
Capitalization: $263 billion
Trading Volume (24h): $65 billion
BTC Dominance: 65%
BTC: $9,315 (-1.28%)
🔹The ConsenSys company has announced an Ethereum 2.0 staking program with major participants, such as Binance, Crypto.com, DARMA Capital, Huobi Wallet, and more.
🔹The CME Bitcoin Derivatives Exchange has shown a 20-fold growth of the open interest in Bitcoin options since May. Open interest has grown from $13 million to $360 million in six weeks.
🔹Compound (COMP) is launching on Coinbase Pro on June 22.
🔹The Binance Exchange is launching a UK trading platform that will be regulated by the Financial Regulatory and Supervisory Authority (FSA). The platform is expected to provide access to 65 digital assets at the time of the launch later this summer.
🔹Shares of the Canaan Creative mining company dropped 80% since its listing on the NASDAQ exchange. Shares are now trading at their historic low of $1.90 apiece.
Here's our digest with the hottest news:
Capitalization: $276 billion
Trading Volume (24h): $60 billion
BTC Dominance: 64.5%
BTC: $9,668 (+0.64%)
🔹PayPal will add cryptocurrency support for its 325 million user base. The company will provide users with additional functions for the purchase, sale, and storage of cryptocurrencies.
🔹New Zealand Police seized $140 million worth of assets from Alexander Vinnik. This is the largest ever restraint of funds in New Zealand police history. Vinnik is accused of laundering between $4B and $9B through the BTCE/WEX cryptocurrency exchange.
🔹Galaxy Digital founder Mike Novogratz said the cryptocurrency market is expected to grow in the next 6-24 months. According to him, financial consultants will take the first cryptocurrency as a means of accumulation, otherwise, the prospects for Galaxy Digital will be extremely uncertain.
🔹Italian financial institutions and banks are ready to start testing digital euros.
🔹According to Whale Alert, a wallet belonging to the popular PlusToken pyramid has transferred over 26 million EOS tokens (more than $67 million).
🔹A UK based movie production company Substantial Films is working on the creation of a new film called "Decrypted." The movie is dedicated to the creator of Bitcoin Satoshi Nakamoto.
#3C_digest
Capitalization: $276 billion
Trading Volume (24h): $60 billion
BTC Dominance: 64.5%
BTC: $9,668 (+0.64%)
🔹PayPal will add cryptocurrency support for its 325 million user base. The company will provide users with additional functions for the purchase, sale, and storage of cryptocurrencies.
🔹New Zealand Police seized $140 million worth of assets from Alexander Vinnik. This is the largest ever restraint of funds in New Zealand police history. Vinnik is accused of laundering between $4B and $9B through the BTCE/WEX cryptocurrency exchange.
🔹Galaxy Digital founder Mike Novogratz said the cryptocurrency market is expected to grow in the next 6-24 months. According to him, financial consultants will take the first cryptocurrency as a means of accumulation, otherwise, the prospects for Galaxy Digital will be extremely uncertain.
🔹Italian financial institutions and banks are ready to start testing digital euros.
🔹According to Whale Alert, a wallet belonging to the popular PlusToken pyramid has transferred over 26 million EOS tokens (more than $67 million).
🔹A UK based movie production company Substantial Films is working on the creation of a new film called "Decrypted." The movie is dedicated to the creator of Bitcoin Satoshi Nakamoto.
#3C_digest
Common Types of Crypto Scam
There is an old saying: “A fool and his money are soon parted.”
In this article, we will dive into the most common types of fraud in the cryptocurrency market, and we hope this will protect our readers from unwanted risks.
Read article
#BLOG
There is an old saying: “A fool and his money are soon parted.”
In this article, we will dive into the most common types of fraud in the cryptocurrency market, and we hope this will protect our readers from unwanted risks.
Read article
#BLOG
❤1
Blockchain consensus algorithms
Blockchain is a new shift in the world of information technology that has led to changes in many areas. Many industries have begun to implement blockchain solutions for their applications and services. A consensus algorithm is required among the peer-to-peer nodes on the blockchain to ensure its correct operation.
In this article, we will focus on popular consensus algorithms to determine their functions and factors that affect performance and security.
Read article
Blockchain is a new shift in the world of information technology that has led to changes in many areas. Many industries have begun to implement blockchain solutions for their applications and services. A consensus algorithm is required among the peer-to-peer nodes on the blockchain to ensure its correct operation.
In this article, we will focus on popular consensus algorithms to determine their functions and factors that affect performance and security.
Read article
Here's our digest with the hottest news:
Capitalization: $261 billion
Trading Volume (24h): $72 billion
BTC Dominance: 64.4%
BTC: $9,211 (+0.39%)
🔹Whale alert tracking service reported the withdrawal of just under 790,000 ETH (about $187M). Funds were sent to an unknown address.
🔹Bitfinex has launched its own decentralized platform for Dazaar data and the Dazaar Live streaming.
🔹The number of active Bitcoin addresses exceeded 900 thousand. Last time this number was reached during the previous Bitcoin rally to $20,000.
🔹According to a June 24 announcement, Australians will be able to pay for Bitcoin at more than 3,500 Australian Post offices.
🔹Americans will be able to purchase cryptocurrency with cash at 20,000 retail outlets, such as 7-Eleven, CVS Pharmacy, and Rite Aid, thanks to LibertyX Bitcoin ATM operator.
🔹Messari analysts estimated that placing only 1% of institutional investors' assets in BTC could raise its capitalization above $1T, which would bring the BTC rate to $50,000.
#3C_digest
Capitalization: $261 billion
Trading Volume (24h): $72 billion
BTC Dominance: 64.4%
BTC: $9,211 (+0.39%)
🔹Whale alert tracking service reported the withdrawal of just under 790,000 ETH (about $187M). Funds were sent to an unknown address.
🔹Bitfinex has launched its own decentralized platform for Dazaar data and the Dazaar Live streaming.
🔹The number of active Bitcoin addresses exceeded 900 thousand. Last time this number was reached during the previous Bitcoin rally to $20,000.
🔹According to a June 24 announcement, Australians will be able to pay for Bitcoin at more than 3,500 Australian Post offices.
🔹Americans will be able to purchase cryptocurrency with cash at 20,000 retail outlets, such as 7-Eleven, CVS Pharmacy, and Rite Aid, thanks to LibertyX Bitcoin ATM operator.
🔹Messari analysts estimated that placing only 1% of institutional investors' assets in BTC could raise its capitalization above $1T, which would bring the BTC rate to $50,000.
#3C_digest
Blockchain and Gambling
The gambling industry has a turnover of over $50 billion per year. However, there are a number of problems in this industry that blockchain can help solve.
In this article, we will focus on how to use the blockchain to check the integrity of the platform and what gambling instruments already exist on the blockchain.
Read article
#BLOG
The gambling industry has a turnover of over $50 billion per year. However, there are a number of problems in this industry that blockchain can help solve.
In this article, we will focus on how to use the blockchain to check the integrity of the platform and what gambling instruments already exist on the blockchain.
Read article
#BLOG
Dear users.
Binance will perform a scheduled system upgrade starting at 2020/06/28 02:00 AM (UTC). The upgrade will take approximately 2 hours.
During the upgrade period, Binance will suspend deposits, withdrawals, spot and margin trading. Futures trading will continue unaffected during this period.
https://www.binance.com/en/support/articles/a9d34695cd9345c7a648a882fcd3bcc0
Binance will perform a scheduled system upgrade starting at 2020/06/28 02:00 AM (UTC). The upgrade will take approximately 2 hours.
During the upgrade period, Binance will suspend deposits, withdrawals, spot and margin trading. Futures trading will continue unaffected during this period.
https://www.binance.com/en/support/articles/a9d34695cd9345c7a648a882fcd3bcc0
Binance
Binance Spot Trading System Upgrade Notice (2020/06/28) | Binance Support
Fellow Binancians,
Binance will perform a scheduled system upgrade start...
Binance will perform a scheduled system upgrade start...
Here's our digest with the hottest news:
Capitalization: $260 billion
Trading Volume (24h): $55 billion
BTC Dominance: 64.8%
BTC: $9,128 (+0.07%)
🔹 Over the past 5 years, Bitcoin has grown by 3,500%, which is 70 times higher than the 5 major stock indices. The average return on investment for allotted stock indices was only 49.27%. These calculations were provided by the Buy Shares analyst Justinas Baltrushaitis.
🔹61% of BTC did not move over past year, which is a record high. Last time we witnessed similar indicators was in early 2016, before the previous Bitcoin run to $20,000.
🔹Crypto Research analysts stated that the target addressable market of crypto is worth $212 trillion. If Bitcoin manages to penetrate 10% of this market, each coin will be worth $400,000. Researchers predict that this could happen by 2030.
🔹A crypto whale transferred $936 million worth of bitcoins (101,857 BTC), paying a commission of $0.48. The user shared BTC between two wallets. BitInfoCharts shows that 101,857 BTC arrived in a wallet on April 2.
🔹Bitcoin futures open interest reached $400 million on the Binance Futures platform. The current figure is a record since early May, Glassnode analysts reported.
#3C_digest
Capitalization: $260 billion
Trading Volume (24h): $55 billion
BTC Dominance: 64.8%
BTC: $9,128 (+0.07%)
🔹 Over the past 5 years, Bitcoin has grown by 3,500%, which is 70 times higher than the 5 major stock indices. The average return on investment for allotted stock indices was only 49.27%. These calculations were provided by the Buy Shares analyst Justinas Baltrushaitis.
🔹61% of BTC did not move over past year, which is a record high. Last time we witnessed similar indicators was in early 2016, before the previous Bitcoin run to $20,000.
🔹Crypto Research analysts stated that the target addressable market of crypto is worth $212 trillion. If Bitcoin manages to penetrate 10% of this market, each coin will be worth $400,000. Researchers predict that this could happen by 2030.
🔹A crypto whale transferred $936 million worth of bitcoins (101,857 BTC), paying a commission of $0.48. The user shared BTC between two wallets. BitInfoCharts shows that 101,857 BTC arrived in a wallet on April 2.
🔹Bitcoin futures open interest reached $400 million on the Binance Futures platform. The current figure is a record since early May, Glassnode analysts reported.
#3C_digest
Here's our digest with the hottest news:
Capitalization: $260 billion
Trading Volume (24h): $54 billion
BTC Dominance: 64.5%
BTC: $9,112 (-1.12%)
🔹Bitcoin closed the second quarter at + 42.1%. But over the past 9 years of bitcoin, July and August have been the least profitable months. Average price fluctuations for July and August historically have been between -25% and -40%.
🔹An Israeli firm has developed the technology of returning erroneously sent Bitcoin. This feature was implemented by the startup Kirobo, and is now available using Ledger wallets.
🔹The popularity of Bitcoin in Africa is growing on a weekly basis.
🔹Nico Cordeiro of the Strix Leviathan Foundation criticized the Stock to Flow model, calling it a "chameleon." He said that the S2F paper is not proper empirical analysis, but more akin to a marketing piece in which the author is trying to convince readers that Bitcoin is going to be worth a lot more tomorrow.
🔹A new research note by the UK Financial Conduct Authority (FCA) states that about 2.6 million Britons have previously purchased cryptocurrencies, while 1.9 million own cryptocurrencies at the moment. At the same time, 75% of respondents store cryptocurrencies worth less than £1,000 (approximately $1240 USD).
#3C_digest
Capitalization: $260 billion
Trading Volume (24h): $54 billion
BTC Dominance: 64.5%
BTC: $9,112 (-1.12%)
🔹Bitcoin closed the second quarter at + 42.1%. But over the past 9 years of bitcoin, July and August have been the least profitable months. Average price fluctuations for July and August historically have been between -25% and -40%.
🔹An Israeli firm has developed the technology of returning erroneously sent Bitcoin. This feature was implemented by the startup Kirobo, and is now available using Ledger wallets.
🔹The popularity of Bitcoin in Africa is growing on a weekly basis.
🔹Nico Cordeiro of the Strix Leviathan Foundation criticized the Stock to Flow model, calling it a "chameleon." He said that the S2F paper is not proper empirical analysis, but more akin to a marketing piece in which the author is trying to convince readers that Bitcoin is going to be worth a lot more tomorrow.
🔹A new research note by the UK Financial Conduct Authority (FCA) states that about 2.6 million Britons have previously purchased cryptocurrencies, while 1.9 million own cryptocurrencies at the moment. At the same time, 75% of respondents store cryptocurrencies worth less than £1,000 (approximately $1240 USD).
#3C_digest
Options Benefits
The cryptocurrency options market has exploded in popularity and are more heavily traded than futures and swap markets. News about recent trading volume records has spread to the far corners of the financial world. Even though this financial instrument is still not common for an average crypto trader, the appearance of options on most well-known exchanges is only a matter of time.
In this article, we will explain what options are and talk about their capabilities in simple words.
Read article
The cryptocurrency options market has exploded in popularity and are more heavily traded than futures and swap markets. News about recent trading volume records has spread to the far corners of the financial world. Even though this financial instrument is still not common for an average crypto trader, the appearance of options on most well-known exchanges is only a matter of time.
In this article, we will explain what options are and talk about their capabilities in simple words.
Read article
Let's make 3Commas even better, together!
If you would be interested in helping to make our platform more accessible to fellow crypto enthusiasts, follow the link below to help us with translations in different languages and become part of 3Commas development history.
No programming experience is required, and we will reward the three most active translators with a 1-month Pro subnoscription, click the link below to get started!
Offer a Translation
If you would be interested in helping to make our platform more accessible to fellow crypto enthusiasts, follow the link below to help us with translations in different languages and become part of 3Commas development history.
No programming experience is required, and we will reward the three most active translators with a 1-month Pro subnoscription, click the link below to get started!
Offer a Translation
⚡️Release notes s45
Dear 3Commas users, we are excited to announce the release of an enhanced order processing engine in our latest update!
Further updates and improvements include:
🔹 The maximum number of Take Profit orders has been increased from 4 to 8;
🔹 Ability to convert the futures DCA bots to smart trade has been added;
🔹 3Commas API has been updated for developers;
🔹 The appearance of trades has been changed, a margin trading field has been added;
🔹 Bug fixes and Futures Smart Trades are now shown in the iOS application, be sure to update to this latest version!
By the way, here is a handy link to the updated iOS app which is ready for you to enjoy its new features!
Dear 3Commas users, we are excited to announce the release of an enhanced order processing engine in our latest update!
Further updates and improvements include:
🔹 The maximum number of Take Profit orders has been increased from 4 to 8;
🔹 Ability to convert the futures DCA bots to smart trade has been added;
🔹 3Commas API has been updated for developers;
🔹 The appearance of trades has been changed, a margin trading field has been added;
🔹 Bug fixes and Futures Smart Trades are now shown in the iOS application, be sure to update to this latest version!
By the way, here is a handy link to the updated iOS app which is ready for you to enjoy its new features!
Alternative consensus algorithms. Should we give up PoW and PoS?
A few weeks ago, we covered the features of the primary consensus algorithms and examples of the blockchain projects that utilize these mechanisms. However, the crypto industry is not limited to the use of popular consensus mechanisms, such as PoW (Proof of Work) and PoS (Proof of Stake). Blockchain projects constantly seek for alternative solutions to improve their tokenomics. Startups are incentivized to improve their business models, and in the process, they develop and implement new algorithms, as well as update existing ones hoping to revitalize them.
Today’s article is devoted to such alternative consensus mechanisms.
Read article
A few weeks ago, we covered the features of the primary consensus algorithms and examples of the blockchain projects that utilize these mechanisms. However, the crypto industry is not limited to the use of popular consensus mechanisms, such as PoW (Proof of Work) and PoS (Proof of Stake). Blockchain projects constantly seek for alternative solutions to improve their tokenomics. Startups are incentivized to improve their business models, and in the process, they develop and implement new algorithms, as well as update existing ones hoping to revitalize them.
Today’s article is devoted to such alternative consensus mechanisms.
Read article
Capitalization: $271 billion
Trading Volume (24h): $65 billion
BTC Dominance: 62.9%
BTC: $9,271 (-0.08%)
🔹Analyst Matt Mayley of Bloomberg believes that "bored millennials" turning to platforms like Robinhood might propel the next rally.
🔹1.8 million BTC are held in the miners’s wallets. However, around 1.73 million belong to very early miners and have not moved for over 7 years. Glassnode analysts consider this amount to be lost.
🔹According to the new Cryptocompare report, June has seen a 36% (to $393 billion) decrease in crypto derivatives trading volumes, reaching a yearly low. On top of that, spot market volumes dropped by 49% (to $643 billion).
🔹The Bitcoin Block Bot noticed a large transfer amounting to 10,250 BTC ($95.1 million) with a fee of $0.74. Coins were transferred to an anonymous address.
🔹Poloniex cryptocurrency exchange will introduce derivatives trading on July 10. The exchange plans to launch Bitcoin futures trading with up to 100x leverage.
#3C_digest
Trading Volume (24h): $65 billion
BTC Dominance: 62.9%
BTC: $9,271 (-0.08%)
🔹Analyst Matt Mayley of Bloomberg believes that "bored millennials" turning to platforms like Robinhood might propel the next rally.
🔹1.8 million BTC are held in the miners’s wallets. However, around 1.73 million belong to very early miners and have not moved for over 7 years. Glassnode analysts consider this amount to be lost.
🔹According to the new Cryptocompare report, June has seen a 36% (to $393 billion) decrease in crypto derivatives trading volumes, reaching a yearly low. On top of that, spot market volumes dropped by 49% (to $643 billion).
🔹The Bitcoin Block Bot noticed a large transfer amounting to 10,250 BTC ($95.1 million) with a fee of $0.74. Coins were transferred to an anonymous address.
🔹Poloniex cryptocurrency exchange will introduce derivatives trading on July 10. The exchange plans to launch Bitcoin futures trading with up to 100x leverage.
#3C_digest
Passive income with cryptocurrencies
There weren't too many options for earning a passive income with cryptocurrencies a few years ago. However, resourceful and innovative fintech companies have expanded the functionality of services, providing users with a plethora of opportunities to get a passive income with cryptocurrencies.
In this article, we will take a closer look at these opportunities.
Read article
#BLOG
There weren't too many options for earning a passive income with cryptocurrencies a few years ago. However, resourceful and innovative fintech companies have expanded the functionality of services, providing users with a plethora of opportunities to get a passive income with cryptocurrencies.
In this article, we will take a closer look at these opportunities.
Read article
#BLOG
Here's our digest with the hottest news:
Capitalization: $268 billion
Trading Volume (24h): $65 billion
BTC Dominance: 63.1%
BTC: $9.185 (-2.19%)
🔹Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public.
🔹People have searched for Bitcoin eight times less as compared to 2017 peak numbers. Considering that Bitcoin's price is only half as low, mass adoption "is still a dream," An analyst known as “The Block” stated.
🔹Digifox CEO Nicholas Merten believes that the alt season has officially arrived. Merten said that small-cap tokens (DeFi tokens, REN, RLC, LINK) will take the lead and capture part of the market in the long term.
🔹Interest in Dogecoin continues to grow after a viral TikTok video circulated, urging the Gen Z audience to buy and hold DOGE until price increases to $1. The fuzz around the project was supported by Binance launching DOGE/USDT perpetual contract with up to 50x leverage, while OKEX added 20x leverage futures.
🔹Bitcoin network hashrate has reached a new historic high.
🔹Telegram will stop supporting the Telegram Open Network (TON) project from August 1.
#3C_digest
Capitalization: $268 billion
Trading Volume (24h): $65 billion
BTC Dominance: 63.1%
BTC: $9.185 (-2.19%)
🔹Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public.
🔹People have searched for Bitcoin eight times less as compared to 2017 peak numbers. Considering that Bitcoin's price is only half as low, mass adoption "is still a dream," An analyst known as “The Block” stated.
🔹Digifox CEO Nicholas Merten believes that the alt season has officially arrived. Merten said that small-cap tokens (DeFi tokens, REN, RLC, LINK) will take the lead and capture part of the market in the long term.
🔹Interest in Dogecoin continues to grow after a viral TikTok video circulated, urging the Gen Z audience to buy and hold DOGE until price increases to $1. The fuzz around the project was supported by Binance launching DOGE/USDT perpetual contract with up to 50x leverage, while OKEX added 20x leverage futures.
🔹Bitcoin network hashrate has reached a new historic high.
🔹Telegram will stop supporting the Telegram Open Network (TON) project from August 1.
#3C_digest
3Сommas Practical Guides: Benefitting from a Sideways Trend
Dear friends, we are launching a new “3Сcommas Practical Guides” section - a series of mini-articles with practical examples of how to make profits with the wide functionality of 3Commas.io service.
And the first article is about making money during consolidations (lateral, or “sideways” movement of an asset in a defined range), that often continue for extended periods of time.
3Commas.io provides a unique opportunity to automate earnings during the periods of consolidation with a GRID bot.
Read Article
#Guide
Dear friends, we are launching a new “3Сcommas Practical Guides” section - a series of mini-articles with practical examples of how to make profits with the wide functionality of 3Commas.io service.
And the first article is about making money during consolidations (lateral, or “sideways” movement of an asset in a defined range), that often continue for extended periods of time.
3Commas.io provides a unique opportunity to automate earnings during the periods of consolidation with a GRID bot.
Read Article
#Guide
Hello 3Commas Community!
We received many ideas for improving the SmartTrade terminal lately, as such, we are excited to announce a new updated terminal, created with your valuable feedback and requests in mind!
- You asked to be able to reduce the size of the Smart Trade widgets, we heard you!
In the new terminal, you can resize the widgets to better suit your usage pattern, the way you like!
- You told us you found switching between the tabs of the terminal to be inconvenient, we heard you!
So we’ve left the tab model behind!
All of the vital tools, such as the trading panel, chart, open positions, and orders are located on one page and will always be right in front of you!
- Did you feel like the terminal was bulky, we heard you!
The new version allows you the option to disable the widgets you don’t use so that you can focus on the most important indicators!
- You asked if we can add more “take profit” steps?
We’ve got you covered and rolled out the ability to create more “take profit” steps and “averaging” options!
And there’s more...
The terminal is still under development but we didn’t see any point in holding these updates back, so we would like to share the new layout with you all as soon as possible, coming this Autumn at 3Commas!
We received many ideas for improving the SmartTrade terminal lately, as such, we are excited to announce a new updated terminal, created with your valuable feedback and requests in mind!
- You asked to be able to reduce the size of the Smart Trade widgets, we heard you!
In the new terminal, you can resize the widgets to better suit your usage pattern, the way you like!
- You told us you found switching between the tabs of the terminal to be inconvenient, we heard you!
So we’ve left the tab model behind!
All of the vital tools, such as the trading panel, chart, open positions, and orders are located on one page and will always be right in front of you!
- Did you feel like the terminal was bulky, we heard you!
The new version allows you the option to disable the widgets you don’t use so that you can focus on the most important indicators!
- You asked if we can add more “take profit” steps?
We’ve got you covered and rolled out the ability to create more “take profit” steps and “averaging” options!
And there’s more...
The terminal is still under development but we didn’t see any point in holding these updates back, so we would like to share the new layout with you all as soon as possible, coming this Autumn at 3Commas!
Attacks on Cryptocurrencies
The Bitcoin blockchain is rightfully considered the safest and most reliable decentralized system, where integrity is achieved through cryptography. The emergence of Bitcoin made it possible to solve the so-called double-spending problem.
However, since the Bitcoin network and blockchain technology are still young, there are a number of vulnerabilities that can disrupt the functioning of the network and lead to the double-spending of funds and even more severe consequences.
In this article, we will review the most prevalent real and hypothetical attacks on cryptocurrency networks.
Read article
The Bitcoin blockchain is rightfully considered the safest and most reliable decentralized system, where integrity is achieved through cryptography. The emergence of Bitcoin made it possible to solve the so-called double-spending problem.
However, since the Bitcoin network and blockchain technology are still young, there are a number of vulnerabilities that can disrupt the functioning of the network and lead to the double-spending of funds and even more severe consequences.
In this article, we will review the most prevalent real and hypothetical attacks on cryptocurrency networks.
Read article
Here's our digest with the hottest news:
Capitalization: $272 billion
Trading Volume (24h): $67 billion
BTC Dominance: 62.4%
BTC: $9,218 (+0.27%)
🔹Elon Musk's fortune rose by $6.1 billion on Friday, as Tesla's stock surged 11%. This made the Tesla CEO the seventh wealthiest person on the planet and he has now overtaken Warren Buffet. Tesla's shares peaked at $1,794 on July 14, and the company is now valued at $330 billion versus last year's $253 billion.
🔹Bitcoin's hashrate reached a new high of 125 EH/s. Mining difficulty has also grown as a result; it now equates to a record 17.35 T.
🔹Trader and economist Alex Krueger has drawn an analogy with Tesla shares and concluded that Bitcoin is likely to showcase a similar move after reaching $20,000.
🔹The growing volume and new partnerships of the Chainlink project, allowed the LINK token to enter the cryptocurrency market's top 10 list and renew its historical maximum of $8.50.
🔹Binance exchange has scheduled the quarterly burning of BNB tokens for July 15.
#3C_digest
Capitalization: $272 billion
Trading Volume (24h): $67 billion
BTC Dominance: 62.4%
BTC: $9,218 (+0.27%)
🔹Elon Musk's fortune rose by $6.1 billion on Friday, as Tesla's stock surged 11%. This made the Tesla CEO the seventh wealthiest person on the planet and he has now overtaken Warren Buffet. Tesla's shares peaked at $1,794 on July 14, and the company is now valued at $330 billion versus last year's $253 billion.
🔹Bitcoin's hashrate reached a new high of 125 EH/s. Mining difficulty has also grown as a result; it now equates to a record 17.35 T.
🔹Trader and economist Alex Krueger has drawn an analogy with Tesla shares and concluded that Bitcoin is likely to showcase a similar move after reaching $20,000.
🔹The growing volume and new partnerships of the Chainlink project, allowed the LINK token to enter the cryptocurrency market's top 10 list and renew its historical maximum of $8.50.
🔹Binance exchange has scheduled the quarterly burning of BNB tokens for July 15.
#3C_digest
New: “Options Bot” is now live!
Dear 3Commas users, we are pleased to inform you about the launch of the new type of bot: the Options trading bot.
PRO subnoscription users have the opportunity to trade European options on the Deribit exchange, using BTC and ETH as the underlying asset.
More than 15 ready-made strategies, such as Bear Call Spread, Long Straddle, Butterflies, and Condors are available for trading.
Pros of trading options using the 3Commas bot:
- Simple interface. Set-up takes only 5 clicks;
- Automatic calculation of the purchase size based on the current market situation and settings entered by the user;
- Ability to track dynamic profit and loss;
- Ability to close a position early before expiry;
- Clearly visible risk to reward indicator (at the time of contract expiration).
Read more about the 3Commas Options Bot here
Create Deribit account
Start trading options
Dear 3Commas users, we are pleased to inform you about the launch of the new type of bot: the Options trading bot.
PRO subnoscription users have the opportunity to trade European options on the Deribit exchange, using BTC and ETH as the underlying asset.
More than 15 ready-made strategies, such as Bear Call Spread, Long Straddle, Butterflies, and Condors are available for trading.
Pros of trading options using the 3Commas bot:
- Simple interface. Set-up takes only 5 clicks;
- Automatic calculation of the purchase size based on the current market situation and settings entered by the user;
- Ability to track dynamic profit and loss;
- Ability to close a position early before expiry;
- Clearly visible risk to reward indicator (at the time of contract expiration).
Read more about the 3Commas Options Bot here
Create Deribit account
Start trading options