Here's our digest with the hottest news:
Capitalization: $345 billion
Trading Volume (24h): $85 billion
BTC Dominance: 60.5%
BTC: $11,319 (+0.27%)
🔹Cameron Winklevoss, the co-founder of Gemini, believes that “Not owning Bitcoin today will be a worse investment decision than not investing in $APPL, $GOOG, $AMZN and $MSFT in the early 2000's.”
🔹Decentralized exchanges are gaining popularity. Their trading volumes have grown 3x from June and over 12x from July 2019.
🔹Former co-founder and CTO of Ripple Jed McCaleb continues selling his XRP. The average amount of XRP sold is around 1.74 million (valued $374,200 USD) per day, an increase of 266 percent compared to 2019. Total sales for 2020 are estimated to amount to 630 million XRP, with around 4 billion XRP ($ 1.25 billion at the current rate) remaining in the settlement account.
🔹The identities of the hackers who took control of Twitter were established. They were three teenagers: 17-year-old Graham Clark, 19-year-old Mason Sheppard, and 22-year-old Nim Faselli. According to the Tampa Bay Times, Graham Clark holds at least 300 BTC in his wallet ($3.3 million at current rates).
🔹Analysts from Glassnode stated that over the past few days, the number of Bitcoin wallets at least $1M increased by 38% to around 18,000 addresses.
#3C_digest
Capitalization: $345 billion
Trading Volume (24h): $85 billion
BTC Dominance: 60.5%
BTC: $11,319 (+0.27%)
🔹Cameron Winklevoss, the co-founder of Gemini, believes that “Not owning Bitcoin today will be a worse investment decision than not investing in $APPL, $GOOG, $AMZN and $MSFT in the early 2000's.”
🔹Decentralized exchanges are gaining popularity. Their trading volumes have grown 3x from June and over 12x from July 2019.
🔹Former co-founder and CTO of Ripple Jed McCaleb continues selling his XRP. The average amount of XRP sold is around 1.74 million (valued $374,200 USD) per day, an increase of 266 percent compared to 2019. Total sales for 2020 are estimated to amount to 630 million XRP, with around 4 billion XRP ($ 1.25 billion at the current rate) remaining in the settlement account.
🔹The identities of the hackers who took control of Twitter were established. They were three teenagers: 17-year-old Graham Clark, 19-year-old Mason Sheppard, and 22-year-old Nim Faselli. According to the Tampa Bay Times, Graham Clark holds at least 300 BTC in his wallet ($3.3 million at current rates).
🔹Analysts from Glassnode stated that over the past few days, the number of Bitcoin wallets at least $1M increased by 38% to around 18,000 addresses.
#3C_digest
Distribution of wealth in Bitcoin and other cryptocurrencies
Wealth control often mirrors power control. Until now, the distribution of wealth has been challenging to track. People often hide their wealth or the actual amount of assets they own. Cryptocurrencies have made a big leap in the transparency of wealth distribution. This is an entirely new class of assets that allows you to thoroughly analyze the distribution of supply from the very inception.
Given that all crypto transactions (except for some anonymous coins) are transparent, verifiable, and easy to analyze, blockchain data can be used to calculate the balance of any address. Subsequently, we can estimate the overall distribution of supply by examining the balances of individual addresses. In today’s article, we would like to focus on this topic in more detail.
Read article
Wealth control often mirrors power control. Until now, the distribution of wealth has been challenging to track. People often hide their wealth or the actual amount of assets they own. Cryptocurrencies have made a big leap in the transparency of wealth distribution. This is an entirely new class of assets that allows you to thoroughly analyze the distribution of supply from the very inception.
Given that all crypto transactions (except for some anonymous coins) are transparent, verifiable, and easy to analyze, blockchain data can be used to calculate the balance of any address. Subsequently, we can estimate the overall distribution of supply by examining the balances of individual addresses. In today’s article, we would like to focus on this topic in more detail.
Read article
Here's our digest with the hottest news:
Capitalization: $357 billion
Trading Volume (24h): $89 billion
BTC Dominance: 61%
BTC: $11,798 (+1.12%)
🔹Famous multimillionaire Dave Portnoy got interested in Bitcoin. He stated that he wants to “buy all the Bitcoins”! Unfortunately, he does not really understand how to use and store cryptocurrencies. The Winklevoss brothers agreed to help him in this endeavor.
🔹Bloomberg reported that Bitcoin mania has finally returned and is now blooming. The largest cryptocurrency is surging while other risk-on assets such as stocks approach record highs, and even gold hits fresh daily milestones.
🔹Uniswap decentralized exchange traffic has grown 15 fold over the past month. The trading volume increased 7 fold over the same period, while the platform's liquidity doubled. The popularity of the DeFi sector continues to grow as well.
🔹Bitmain co-founders' battle is beginning to have a greater impact on their business and customers. Due to some "external interference over the company's management," the customers whose crypto mining equipment was due in June and July will have to wait until September and October.
🔹Research company Santiment has published a list of 10 ERC-20 projects with the highest-recorded developer activity for the past 30 days. The top three include Gnosis (GNO), Status (SNT), and Aragon (ANT).
#3C_digest
Capitalization: $357 billion
Trading Volume (24h): $89 billion
BTC Dominance: 61%
BTC: $11,798 (+1.12%)
🔹Famous multimillionaire Dave Portnoy got interested in Bitcoin. He stated that he wants to “buy all the Bitcoins”! Unfortunately, he does not really understand how to use and store cryptocurrencies. The Winklevoss brothers agreed to help him in this endeavor.
🔹Bloomberg reported that Bitcoin mania has finally returned and is now blooming. The largest cryptocurrency is surging while other risk-on assets such as stocks approach record highs, and even gold hits fresh daily milestones.
🔹Uniswap decentralized exchange traffic has grown 15 fold over the past month. The trading volume increased 7 fold over the same period, while the platform's liquidity doubled. The popularity of the DeFi sector continues to grow as well.
🔹Bitmain co-founders' battle is beginning to have a greater impact on their business and customers. Due to some "external interference over the company's management," the customers whose crypto mining equipment was due in June and July will have to wait until September and October.
🔹Research company Santiment has published a list of 10 ERC-20 projects with the highest-recorded developer activity for the past 30 days. The top three include Gnosis (GNO), Status (SNT), and Aragon (ANT).
#3C_digest
❤1
Dear traders!
At the moment, users are experiencing difficulties trading in Smart Trade on a Futures account.
The team is working to fix the issues.
Excuse for troubling!
At the moment, users are experiencing difficulties trading in Smart Trade on a Futures account.
The team is working to fix the issues.
Excuse for troubling!
3Commas practical guides: how to earn without breaking a sweat
In this “3Commas practical guides” article, we will explain how you can make money trading crypto using the 3commas.io tools, without being glued to the monitor 24/7, but doing what you love instead.
Read article
In this “3Commas practical guides” article, we will explain how you can make money trading crypto using the 3commas.io tools, without being glued to the monitor 24/7, but doing what you love instead.
Read article
Options trading for beginners
For novice traders, options trading may seem like a difficult undertaking, but fear not! 3Commas has the answer for you.
Long gone are the days when options were an unregulated and challenging tool in cryptocurrency trading. Today, they are convenient and allow you to insure yourself against possible risks.
This article will help you realize that trading options with the 3Commas terminal is excellent for both beginners and advanced users.
Read article
For novice traders, options trading may seem like a difficult undertaking, but fear not! 3Commas has the answer for you.
Long gone are the days when options were an unregulated and challenging tool in cryptocurrency trading. Today, they are convenient and allow you to insure yourself against possible risks.
This article will help you realize that trading options with the 3Commas terminal is excellent for both beginners and advanced users.
Read article
Here's our digest with the hottest news:
Capitalization: $345 billion
Trading Volume (24h): $110 billion
BTC Dominance: 60.5%
BTC: $11,345 (-3.90%)
🔹Grayscale has launched an advertising campaign to popularize cryptocurrency investments. The massive advertising campaign will be broadcast on the leading US business TV channels: CNBC, MSNBC, FOX, and FOX Business with a total audience of 328 million people.
🔹Coinmarketcap has added 482 assets over the past week, Binance CEO Changpeng Zhao tweeted. There are currently 6381 cryptocurrencies listed on the website.
🔹Ontology and Waves have partnered to build a cross-chain communication infrastructure for DeFi.
🔹Binance Labs has led the $2.8 million funding round for decentralized exchange aggregator 1inch.exchange
🔹CEO of crypto fund Pantera Capital, Dan Morehead, expects BTC prices to rise above $100,000 by next year. Pantera Capital manages $600 million in assets consisting of various cryptocurrencies.
🔹Uniswap decentralized exchange has set a new record - Daily transaction volume exceeded 110,000.
#3C_digest
Capitalization: $345 billion
Trading Volume (24h): $110 billion
BTC Dominance: 60.5%
BTC: $11,345 (-3.90%)
🔹Grayscale has launched an advertising campaign to popularize cryptocurrency investments. The massive advertising campaign will be broadcast on the leading US business TV channels: CNBC, MSNBC, FOX, and FOX Business with a total audience of 328 million people.
🔹Coinmarketcap has added 482 assets over the past week, Binance CEO Changpeng Zhao tweeted. There are currently 6381 cryptocurrencies listed on the website.
🔹Ontology and Waves have partnered to build a cross-chain communication infrastructure for DeFi.
🔹Binance Labs has led the $2.8 million funding round for decentralized exchange aggregator 1inch.exchange
🔹CEO of crypto fund Pantera Capital, Dan Morehead, expects BTC prices to rise above $100,000 by next year. Pantera Capital manages $600 million in assets consisting of various cryptocurrencies.
🔹Uniswap decentralized exchange has set a new record - Daily transaction volume exceeded 110,000.
#3C_digest
⚠️⚠️⚠️Dear traders!⚠️⚠️⚠️
Some technical issues are being experienced with the 3Commas app. Working on this at the current moment.
Excuse for troubling.
Some technical issues are being experienced with the 3Commas app. Working on this at the current moment.
Excuse for troubling.
Blockchain in logistics
Logistics is one of the critical elements in all branches of modern industry. It ensures that the items reach their destination with minimal time and cost. Simply put, it is the execution and organization of complex operations for the transportation of goods from point A to point B (usually from the production site to the consumer).
The logistics industry today is enormous. It was valued at a staggering $8.1 trillion as of 2017, and that estimate is projected to double by 2023. These are astronomical numbers, and it also makes the logistics industry one of the most challenging. Thus, we continue our series of articles on blockchain technology applications in the real world, focusing on the role of blockchain in the logistics industry and its improvement.
Read article
Logistics is one of the critical elements in all branches of modern industry. It ensures that the items reach their destination with minimal time and cost. Simply put, it is the execution and organization of complex operations for the transportation of goods from point A to point B (usually from the production site to the consumer).
The logistics industry today is enormous. It was valued at a staggering $8.1 trillion as of 2017, and that estimate is projected to double by 2023. These are astronomical numbers, and it also makes the logistics industry one of the most challenging. Thus, we continue our series of articles on blockchain technology applications in the real world, focusing on the role of blockchain in the logistics industry and its improvement.
Read article
Here's our digest with the hottest news:
Capitalization: $368 billion
Trading Volume (24h): $124 billion
BTC Dominance: 58.8%
BTC: $11,743 (+1,88%)
🔹Coinbase plans to roll out Bitcoin-backed fiat loans for their customers. The maximum loan amount will equal $20,000 per user, while the total amount of funds issued will be limited to 30% of Bitcoins available on the balance sheet of the exchange.
🔹Cryptocurrency exchange Kraken has released a new report that predicts the 50-200% Bitcoin growth in the coming months. The report stated that Bitcoin's upward momentum, which started at the end of July, would push the asset price up for several more months.
🔹The cryptocurrency data generator CoinMarketCap has offered its users a new opportunity to earn cryptocurrency. The service launched a program to study assets and receive rewards for passing certain tests.
🔹The price of the Yam DeFi protocol token collapsed by 99%. The crash occurred due to a critical error in the code. The developers initially warned that the protocol did not pass a security audit. Despite this, the volume of blocked assets in Yam at its peak exceeded $600 million. At the moment, the token is trading at approximately $1, an enormous drop from its August peak of $167.
🔹The average Ethereum network commission fee has reached an all-time high of $7.5.
#3C_digest
Capitalization: $368 billion
Trading Volume (24h): $124 billion
BTC Dominance: 58.8%
BTC: $11,743 (+1,88%)
🔹Coinbase plans to roll out Bitcoin-backed fiat loans for their customers. The maximum loan amount will equal $20,000 per user, while the total amount of funds issued will be limited to 30% of Bitcoins available on the balance sheet of the exchange.
🔹Cryptocurrency exchange Kraken has released a new report that predicts the 50-200% Bitcoin growth in the coming months. The report stated that Bitcoin's upward momentum, which started at the end of July, would push the asset price up for several more months.
🔹The cryptocurrency data generator CoinMarketCap has offered its users a new opportunity to earn cryptocurrency. The service launched a program to study assets and receive rewards for passing certain tests.
🔹The price of the Yam DeFi protocol token collapsed by 99%. The crash occurred due to a critical error in the code. The developers initially warned that the protocol did not pass a security audit. Despite this, the volume of blocked assets in Yam at its peak exceeded $600 million. At the moment, the token is trading at approximately $1, an enormous drop from its August peak of $167.
🔹The average Ethereum network commission fee has reached an all-time high of $7.5.
#3C_digest
3Commas practical guides: how to always close a trade with profit
How many times have we encountered a situation when after buying an asset, the price went in the right direction, but after a while, our position was knocked out by a Stop Loss, leaving us profitless?
In this “3Commas Practical Guides” article, we will explain how the 3commas.io tools can help you profit from your trades even if you were knocked out by a Stop Loss.
Read article
How many times have we encountered a situation when after buying an asset, the price went in the right direction, but after a while, our position was knocked out by a Stop Loss, leaving us profitless?
In this “3Commas Practical Guides” article, we will explain how the 3commas.io tools can help you profit from your trades even if you were knocked out by a Stop Loss.
Read article
⚠️⚠️⚠️ Dear traders!
We regret to inform you we are temporarily unable to accept payments in cryptocurrency due to technical reasons beyond our control.
Please use other payment methods, for example, PayPal or Credit/Debit cards.
We apologise for the inconvenience.
We regret to inform you we are temporarily unable to accept payments in cryptocurrency due to technical reasons beyond our control.
Please use other payment methods, for example, PayPal or Credit/Debit cards.
We apologise for the inconvenience.
Here's our digest with the hottest news:
Capitalization: $374 billion
Trading Volume (24h): $111 billion
BTC Dominance: 59.5%
BTC: $11,776 (-4.13%)
🔹Vitalik Buterin stated that he convinced the Ethereum Foundation to sell 70,000 ETH at the market peak. The funds were used exclusively to support developers and issue grants. Vitalik added that $100 million significantly expanded the project's possibilities for further development.
🔹Bitcoin futures open interest has renewed its all-time high, reaching $5.8 billion on exchanges.
🔹Coinbase Custody now supports Solana.
🔹After Grayscale's major ad campaign last week, Barry Silbert tweeted that they've had their largest fundraising week ever. $217 million were invested into the Grayscale funds.
🔹 Another DeFi record. The volume of funds blocked in DeFi exceeded $ 6.25 billion.
🔹Binance CEO Changpeng Zhao stated that the system traffic of the exchange has now exceeded the figures of December 2017.
🔹Anthony Pompliano, the founder of Morgan Creek Capital, believes that Bitcoin's market capitalization will exceed that of gold by the end of 2029.
#3C_digest
Capitalization: $374 billion
Trading Volume (24h): $111 billion
BTC Dominance: 59.5%
BTC: $11,776 (-4.13%)
🔹Vitalik Buterin stated that he convinced the Ethereum Foundation to sell 70,000 ETH at the market peak. The funds were used exclusively to support developers and issue grants. Vitalik added that $100 million significantly expanded the project's possibilities for further development.
🔹Bitcoin futures open interest has renewed its all-time high, reaching $5.8 billion on exchanges.
🔹Coinbase Custody now supports Solana.
🔹After Grayscale's major ad campaign last week, Barry Silbert tweeted that they've had their largest fundraising week ever. $217 million were invested into the Grayscale funds.
🔹 Another DeFi record. The volume of funds blocked in DeFi exceeded $ 6.25 billion.
🔹Binance CEO Changpeng Zhao stated that the system traffic of the exchange has now exceeded the figures of December 2017.
🔹Anthony Pompliano, the founder of Morgan Creek Capital, believes that Bitcoin's market capitalization will exceed that of gold by the end of 2029.
#3C_digest
The future of DeFi and the world's first fully decentralized derivatives exchange
This summer in the crypto industry is nothing but a DeFi summer. It is difficult to imagine anyone interested in crypto who would not have heard of the general hysteria around Decentralized Finance. We’ve seen the launch and growth of dozens, if not hundreds, of projects that collectively have greatly enhanced the decentralized finance network
In today’s article, we’ll discuss the best DeFi projects to look out for in the second half of 2020.
Read article
This summer in the crypto industry is nothing but a DeFi summer. It is difficult to imagine anyone interested in crypto who would not have heard of the general hysteria around Decentralized Finance. We’ve seen the launch and growth of dozens, if not hundreds, of projects that collectively have greatly enhanced the decentralized finance network
In today’s article, we’ll discuss the best DeFi projects to look out for in the second half of 2020.
Read article
Dear traders!
The problem with payments in cryptocurrency has been solved.
We apologise for the inconvenience.
The problem with payments in cryptocurrency has been solved.
We apologise for the inconvenience.
⚠️⚠️ FTX System Maintenance - August 20th, 2020 20:00hrs UTC
Dear 3Commas Traders,
there will be brief downtime on FTX on 2020-08-20 at 04:00 HKT (20:00 UTC). FTX will be rolling out server upgrades during this time. Unless the market is really volatile, in which case they'll postpone.
They do not anticipate the downtime to stretch more than 10 minutes. During the upgrade period, users’ pending orders will be retained, but functions such as transferring margin, placing orders, and cancelling orders will be temporarily suspended on API, Web, and APP.
Dear 3Commas Traders,
there will be brief downtime on FTX on 2020-08-20 at 04:00 HKT (20:00 UTC). FTX will be rolling out server upgrades during this time. Unless the market is really volatile, in which case they'll postpone.
They do not anticipate the downtime to stretch more than 10 minutes. During the upgrade period, users’ pending orders will be retained, but functions such as transferring margin, placing orders, and cancelling orders will be temporarily suspended on API, Web, and APP.
Storing information on the blockchain
Currently, the most popular non-local information storage solution is cloud storage like Google Disk, Dropbox, Mega, and databases like MySQL and MongoDB. However, companies may control the content of these repositories, and your information may be censored.
In this article, we will review the ways of storing information on the blockchain, as well as the pros and cons.
Read article
Currently, the most popular non-local information storage solution is cloud storage like Google Disk, Dropbox, Mega, and databases like MySQL and MongoDB. However, companies may control the content of these repositories, and your information may be censored.
In this article, we will review the ways of storing information on the blockchain, as well as the pros and cons.
Read article
😁1
Here's our digest with the hottest news:
Capitalization: $373 billion
Trading Volume (24h): $95 billion
BTC Dominance: 58.7%
BTC: $11,873 (+1,05%)
🔹The Tether stablecoin (USDT) has overcome Ripple in terms of capitalization once again. According to Coin Metrics, the value of assets in USDT on all supported platforms now equals $13.14 billion, while the capitalization of XRP is about $13 billion.
🔹As trading started on Justin Sun’s non-custodial exchange Justswap, users began complaining that there are many fake cryptocurrencies on the platform. The JUST alt coin has risen in price by 400% since the beginning of August.
🔹Bitcoin options open interest has renewed its all-time high, reaching $2 billion. That is six times higher than at the start of this year.
🔹The Stock to Flow model author has confirmed that Bitcoin is in a bullish stage.
🔹2.61 million BTC are currently stored on exchanges, which is the lowest figure in 2 years. The decrease in the numbers represents a lower selling pressure being a bullish indicator.
🔹The UK Financial Conduct Authority (FCA) has registered the Gemini cryptocurrency exchange owned by the Winklevoss brothers. Now the exchange will report its activities to the UK regulators.
#3C_digest
Capitalization: $373 billion
Trading Volume (24h): $95 billion
BTC Dominance: 58.7%
BTC: $11,873 (+1,05%)
🔹The Tether stablecoin (USDT) has overcome Ripple in terms of capitalization once again. According to Coin Metrics, the value of assets in USDT on all supported platforms now equals $13.14 billion, while the capitalization of XRP is about $13 billion.
🔹As trading started on Justin Sun’s non-custodial exchange Justswap, users began complaining that there are many fake cryptocurrencies on the platform. The JUST alt coin has risen in price by 400% since the beginning of August.
🔹Bitcoin options open interest has renewed its all-time high, reaching $2 billion. That is six times higher than at the start of this year.
🔹The Stock to Flow model author has confirmed that Bitcoin is in a bullish stage.
🔹2.61 million BTC are currently stored on exchanges, which is the lowest figure in 2 years. The decrease in the numbers represents a lower selling pressure being a bullish indicator.
🔹The UK Financial Conduct Authority (FCA) has registered the Gemini cryptocurrency exchange owned by the Winklevoss brothers. Now the exchange will report its activities to the UK regulators.
#3C_digest
⚠️⚠️⚠️Dear customers!
There are some technical issues with the Binance API.
Operations may be delayed!
There are some technical issues with the Binance API.
Operations may be delayed!