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
Attention! TradingView custom signals and another incoming signals for bots are not coming through right now. Tech team working to make them alive as soon as possible!
Dear customers!
There are some technical issues with the Binance API and Binance Futures API!
Operations may be delayed!
There are some technical issues with the Binance API and Binance Futures API!
Operations may be delayed!
Bitcoin whales. Who are the biggest players in the cryptocurrency market?
The number of Bitcoin whales has increased; whale positions are increasing; whales triggered the cryptocurrency market growth; whale manipulation contributes to an increase in price volatility… We often see and hear such noscripts about mysterious Bitcoin whales that have a huge impact on the cryptocurrency industry overall and Bitcoin’s price in particular.
In today’s article, we will take a closer look at the influential market participants and their role in the cryptocurrency industry.
Read article
The number of Bitcoin whales has increased; whale positions are increasing; whales triggered the cryptocurrency market growth; whale manipulation contributes to an increase in price volatility… We often see and hear such noscripts about mysterious Bitcoin whales that have a huge impact on the cryptocurrency industry overall and Bitcoin’s price in particular.
In today’s article, we will take a closer look at the influential market participants and their role in the cryptocurrency industry.
Read article
Here's our digest with the hottest news:
Capitalization: $269 billion
Trading Volume (24h): $57 billion
BTC Dominance: 62.4%
BTC: $9,119 (-0.56%)
🔹Many verified Twitter accounts were taken over in a major Twitter hack. Accounts were then used to take part in a well-known scam where victims are enticed to send Bitcoin to a fraudster’s wallet under the pretence that they will receive double the amount of Bitcoin back.
🔹The author of the "Rich Dad, Poor Dad" bestseller Robert Kiyosaki said that the price of Bitcoin will reach $75,000 within three years. The investor believes that as long as the spotlight is on the cryptocurrency, investments in real estate and gold can not be the future of finance.
🔹A number of crypto influencers believe that the new DeFi industry can turn into another financial bubble since more than $2 billion has already been invested in DeFi.
🔹Technical director of the Bitfinex exchange Paolo Arduino explained that high-frequency trading could cause a decrease in the Bitcoin volatility observed over the past few months. He noted that high-frequency trading firms generate about 80 percent of the volume and liquidity in their top markets (BTC/USD, ETH/USD).
🔹Binance Exchange has announced the launch of a crypto debit card in continental Europe and the UK. According to the announcement, the so-called Binance Card will allow users to use digital assets from their exchange accounts worldwide.
#3C_digest
Capitalization: $269 billion
Trading Volume (24h): $57 billion
BTC Dominance: 62.4%
BTC: $9,119 (-0.56%)
🔹Many verified Twitter accounts were taken over in a major Twitter hack. Accounts were then used to take part in a well-known scam where victims are enticed to send Bitcoin to a fraudster’s wallet under the pretence that they will receive double the amount of Bitcoin back.
🔹The author of the "Rich Dad, Poor Dad" bestseller Robert Kiyosaki said that the price of Bitcoin will reach $75,000 within three years. The investor believes that as long as the spotlight is on the cryptocurrency, investments in real estate and gold can not be the future of finance.
🔹A number of crypto influencers believe that the new DeFi industry can turn into another financial bubble since more than $2 billion has already been invested in DeFi.
🔹Technical director of the Bitfinex exchange Paolo Arduino explained that high-frequency trading could cause a decrease in the Bitcoin volatility observed over the past few months. He noted that high-frequency trading firms generate about 80 percent of the volume and liquidity in their top markets (BTC/USD, ETH/USD).
🔹Binance Exchange has announced the launch of a crypto debit card in continental Europe and the UK. According to the announcement, the so-called Binance Card will allow users to use digital assets from their exchange accounts worldwide.
#3C_digest
3Сommas Practical Guides: How to increase your earnings
Dear friends, this is the second article of “3Сcommas Practical Guides” – a series of mini-articles with examples of how to make profits with the wide functionality of 3Commas.io platform.
In this article, we will take a look at how to increase your earnings with a Trailing Take Profit order.
Read article
Dear friends, this is the second article of “3Сcommas Practical Guides” – a series of mini-articles with examples of how to make profits with the wide functionality of 3Commas.io platform.
In this article, we will take a look at how to increase your earnings with a Trailing Take Profit order.
Read article
Please pay attention!
Deribit will perform a scheduled system upgrade starting at 10:00 AM UTC. The update will take about 15 minutes!
Client systems will not be able to communicate with Deribit during this time.
https://www.deribit.com/pages/information/20July2020Release
Deribit will perform a scheduled system upgrade starting at 10:00 AM UTC. The update will take about 15 minutes!
Client systems will not be able to communicate with Deribit during this time.
https://www.deribit.com/pages/information/20July2020Release
Deribit
Deribit - 22 July 2020 Release
The institutional-grade crypto derivatives trading platform
3Commas Announcements
Please pay attention! Deribit will perform a scheduled system upgrade starting at 10:00 AM UTC. The update will take about 15 minutes! Client systems will not be able to communicate with Deribit during this time. https://www.deribit.com/pages/informati…
PLEASE PAY ATTENTION!
DERIBIT SCHEDULED MAINTENANCE - AS ANNOUNCED EARLIER - IS POSTPONED TO WEDNESDAY 22 JULY 10 AM UTC
DERIBIT SCHEDULED MAINTENANCE - AS ANNOUNCED EARLIER - IS POSTPONED TO WEDNESDAY 22 JULY 10 AM UTC
Blockchain: the Future of Cloud Computing
One of the most explosive innovations developing rapidly is the use of blockchain technology in cloud computing. Many organizations use cloud storage and benefit from cloud computing technology. If blockchain gets incorporated into the mix, the chances of witnessing a real revolution in shaping entire industries rise dramatically.
In this article, we will take a closer look at the application of blockchain in cloud computing systems.
Read article
One of the most explosive innovations developing rapidly is the use of blockchain technology in cloud computing. Many organizations use cloud storage and benefit from cloud computing technology. If blockchain gets incorporated into the mix, the chances of witnessing a real revolution in shaping entire industries rise dramatically.
In this article, we will take a closer look at the application of blockchain in cloud computing systems.
Read article
Here's our digest with the hottest news:
Capitalization: $278 billion
Trading Volume (24h): $62 billion
BTC Dominance: 62.2%
BTC: $9,355 (+1.64%)
🔹Over the last week, trading volumes on the Chicago Mercantile Exchange (CME) have dropped to a three-month low of $87 million. Other futures exchanges are facing a similar situation.
🔹During last week's Twitter hack, crypto exchanges managed to protect a significant amount of the users' funds. The exchanges blocked the hackers' addresses, which helped save over $300,000.
🔹 Whale Alert service analysts have estimated the number of Satoshi Nakamoto's Bitcoins. According to their calculations, the creator of Bitcoin controls 1,125,150 BTC, which equates to $10.4 billion at the current exchange rate.
🔹PayPal will partner with Paxos to supply cryptoassets for its new service.
🔹Grayscale Investments’ CEO Barry Silbert believes that the United States had passed the stage when it was still able to ban Bitcoin. He believes that there are enough politicians and regulators supporting Bitcoin in the United States to ensure further Bitcoin development.
🔹In an interview with Bloomberg, the CEO of Binance exchange, said that according to their analysis, "it is very much an alt season right now."
🔹Major exchanges, including Coinbase, BitGo, Gemini, Kraken, and Bittrex, are expected to release a white paper next month detailing a method to ease compliance with the Financial Action Task Force's (FATF).
#3C_digest
Capitalization: $278 billion
Trading Volume (24h): $62 billion
BTC Dominance: 62.2%
BTC: $9,355 (+1.64%)
🔹Over the last week, trading volumes on the Chicago Mercantile Exchange (CME) have dropped to a three-month low of $87 million. Other futures exchanges are facing a similar situation.
🔹During last week's Twitter hack, crypto exchanges managed to protect a significant amount of the users' funds. The exchanges blocked the hackers' addresses, which helped save over $300,000.
🔹 Whale Alert service analysts have estimated the number of Satoshi Nakamoto's Bitcoins. According to their calculations, the creator of Bitcoin controls 1,125,150 BTC, which equates to $10.4 billion at the current exchange rate.
🔹PayPal will partner with Paxos to supply cryptoassets for its new service.
🔹Grayscale Investments’ CEO Barry Silbert believes that the United States had passed the stage when it was still able to ban Bitcoin. He believes that there are enough politicians and regulators supporting Bitcoin in the United States to ensure further Bitcoin development.
🔹In an interview with Bloomberg, the CEO of Binance exchange, said that according to their analysis, "it is very much an alt season right now."
🔹Major exchanges, including Coinbase, BitGo, Gemini, Kraken, and Bittrex, are expected to release a white paper next month detailing a method to ease compliance with the Financial Action Task Force's (FATF).
#3C_digest