Here's our digest with the hottest news:
Capitalization: $334 billion
Trading Volume (24h): $351 billion
BTC Dominance: 56.8%
BTC: $10,272$ (-0,53%)
🔹The 60-day correlation between Bitcoin (BTC) and gold is hovering at record highs above 0.5.
🔹Ethereum’s transaction volume surpassed $24 billion this August, setting a new record-high.
🔹Mastercard launches a digital currency kit for central banks to issue, test, and see if digital versions of bank currencies are practical for consumers to buy goods and services.
🔹The Centre Consortium announced that Algorand is now an official blockchain for USD Coin (USDC). Algorand became the second major blockchain after Ethererum with native support for USDC.
🔹According to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets. Ruchir Sharma also added that given what central banks are doing in terms of printing so much money, there is a search for alternative assets.
🔹Cryptocurrency exchanges observed a 30.5% increase in web traffic from July to August. According to data provided by SimilarWeb, there were 144.3 million visits to crypto exchange sites in August, marking a 14-month high.
🔹Cryptonomist Magazine compared the two largest exchanges, Binance and Coinbase in terms of buying cryptocurrencies using local currencies.
#3C_digest
Capitalization: $334 billion
Trading Volume (24h): $351 billion
BTC Dominance: 56.8%
BTC: $10,272$ (-0,53%)
🔹The 60-day correlation between Bitcoin (BTC) and gold is hovering at record highs above 0.5.
🔹Ethereum’s transaction volume surpassed $24 billion this August, setting a new record-high.
🔹Mastercard launches a digital currency kit for central banks to issue, test, and see if digital versions of bank currencies are practical for consumers to buy goods and services.
🔹The Centre Consortium announced that Algorand is now an official blockchain for USD Coin (USDC). Algorand became the second major blockchain after Ethererum with native support for USDC.
🔹According to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets. Ruchir Sharma also added that given what central banks are doing in terms of printing so much money, there is a search for alternative assets.
🔹Cryptocurrency exchanges observed a 30.5% increase in web traffic from July to August. According to data provided by SimilarWeb, there were 144.3 million visits to crypto exchange sites in August, marking a 14-month high.
🔹Cryptonomist Magazine compared the two largest exchanges, Binance and Coinbase in terms of buying cryptocurrencies using local currencies.
#3C_digest
3Commas practical guides: how to earn when your position hit a Stop Loss
In this “3Commas practical guides” article will have a look at how 3Commas.io platform can help you easily hedge your main Long or Short position and make a profit even after Stop Loss was triggered.
Read article
In this “3Commas practical guides” article will have a look at how 3Commas.io platform can help you easily hedge your main Long or Short position and make a profit even after Stop Loss was triggered.
Read article
⚠️⚠️⚠️
Dear traders!
Some technical issues are being experienced on Kraken.
Dear traders!
Some technical issues are being experienced on Kraken.
✅✅✅
Dear traders!
Kraken is back up and should now be running normally again.
Dear traders!
Kraken is back up and should now be running normally again.
Dear users!
We are happy to present the updated functionality of the 3Commas Grid bot.
In the updated version we added the ability to edit the settings of the bot. Now there is no need to delete the bot and create a completely new one.
In the process of editing you can change the upper and lower limit prices, Grid quantity and Quantity per Grid, as well as the leverage ratio.
In addition, we added the ability to save the manual grid bot as AI bot and vice versa.
We are happy to present the updated functionality of the 3Commas Grid bot.
In the updated version we added the ability to edit the settings of the bot. Now there is no need to delete the bot and create a completely new one.
In the process of editing you can change the upper and lower limit prices, Grid quantity and Quantity per Grid, as well as the leverage ratio.
In addition, we added the ability to save the manual grid bot as AI bot and vice versa.
Blockchain & advertising
The emergence of blockchain technology and, in particular, Bitcoin, has provided an opportunity to create cryptocurrencies and smart contracts. Security, transparency, and irreversibility of transaction data are key criteria for developing blockchain-based solutions. The advertising industry is an area where interest in the blockchain is growing rapidly, and therefore the need for technology and ways to use it increases.
In today’s article we will talk about the process of the transition of digital advertising to the blockchain, consider the working solutions to implement this transition, as well as discuss possible future blockchain-based developments in digital advertising.
Read article
The emergence of blockchain technology and, in particular, Bitcoin, has provided an opportunity to create cryptocurrencies and smart contracts. Security, transparency, and irreversibility of transaction data are key criteria for developing blockchain-based solutions. The advertising industry is an area where interest in the blockchain is growing rapidly, and therefore the need for technology and ways to use it increases.
In today’s article we will talk about the process of the transition of digital advertising to the blockchain, consider the working solutions to implement this transition, as well as discuss possible future blockchain-based developments in digital advertising.
Read article
Here's our digest with the hottest news:
Capitalization: $346 billion
Trading Volume (24h): $113 billion
BTC Dominance: 57.8%
BTC: $10,846$ (+1.01%)
🔹Jim Kramer, a famous CNBC anchorman of the Mad Money program, stated that he bought Bitcoin as a protection against inflation. In addition, Kramer believes that once the new generation inherits their parents’ wealth, they will prefer to invest more in cryptocurrencies than in gold.
🔹A developer of Ethereum 2.0, Raul Jordan, said that an important and repeatedly delayed update of the Ethereum network is scheduled to be launched in November this year.
🔹Coinbase CEO Brian Armstrong criticized Apple for restricting user access to cryptocurrency- and DeFi-related applications.
🔹According to The Block, spot market August trading volumes increased 75% month-over-month, reaching $191 billion.
🔹Analysts from Glassnode note that the number of wallets with at least 1 BTC continues to increase despite price fluctuations. The current figure reached a new historic high of 823,000.
#3C_digest
Capitalization: $346 billion
Trading Volume (24h): $113 billion
BTC Dominance: 57.8%
BTC: $10,846$ (+1.01%)
🔹Jim Kramer, a famous CNBC anchorman of the Mad Money program, stated that he bought Bitcoin as a protection against inflation. In addition, Kramer believes that once the new generation inherits their parents’ wealth, they will prefer to invest more in cryptocurrencies than in gold.
🔹A developer of Ethereum 2.0, Raul Jordan, said that an important and repeatedly delayed update of the Ethereum network is scheduled to be launched in November this year.
🔹Coinbase CEO Brian Armstrong criticized Apple for restricting user access to cryptocurrency- and DeFi-related applications.
🔹According to The Block, spot market August trading volumes increased 75% month-over-month, reaching $191 billion.
🔹Analysts from Glassnode note that the number of wallets with at least 1 BTC continues to increase despite price fluctuations. The current figure reached a new historic high of 823,000.
#3C_digest
Join the 3Commas team in a tournament with a $1,500,000 prize pool!
A large-scale Binance Futures team competition. The winner is the team with the largest combined profit. Join the 3Commas team and win the grand prize!
Terms and Conditions:
🔷The Binance Futures tournament runs from September 21 to October 6.
🔷The prize pool is $1,500,000!
🔷Daily $75,000 draw among the participants
The winners will be determined by cumulative profits and losses. The team to showcase the best ROI will win.
Join the 3Commas team
How to connect your Futures account to 3Commas
A large-scale Binance Futures team competition. The winner is the team with the largest combined profit. Join the 3Commas team and win the grand prize!
Terms and Conditions:
🔷The Binance Futures tournament runs from September 21 to October 6.
🔷The prize pool is $1,500,000!
🔷Daily $75,000 draw among the participants
The winners will be determined by cumulative profits and losses. The team to showcase the best ROI will win.
Join the 3Commas team
How to connect your Futures account to 3Commas
Here's our digest with the hottest news:
Capitalization: $354 billion
Trading Volume (24h): $98 billion
BTC Dominance: 57.2%
BTC: 10,952$ (+0,32%)
🔹Decentralized exchange Uniswap has launched its own token and distributed 400 UNI to everyone who used the platform before September 1. 60% of tokens will be distributed to the community, the remaining tokens are meant for investors and the Uniswap team. Since its launch, the token has been added to the major exchanges - Binance, Coinbase, Huobi, Okex, FTX, and many others.
🔹Litecoin has launched LiteBringer — a fantasy RPG on its own blockchain. The game was developed by CipSoft and will provide players with the opportunity to earn and trade LTC for completing quests and closing certain deals.
🔹The regulated American Kraken cryptocurrency exchange became the first company in the USA to obtain a banking license. Kraken Financial will provide comprehensive services for deposit-taking, storage, and fiduciary services with digital assets.
🔹The number of Bitcoin ATMs has increased from 0 to 10,000 since 2013.
🔹The daily volume of Bitcoin Futures trading at the Bakkt stock exchange reached an ATH. Contracts worth more than $200 million were sold in one day, breaking the previous record by 36%.
🔹Tether's USDT capitalization reached $15 billion.
#3C_digest
Capitalization: $354 billion
Trading Volume (24h): $98 billion
BTC Dominance: 57.2%
BTC: 10,952$ (+0,32%)
🔹Decentralized exchange Uniswap has launched its own token and distributed 400 UNI to everyone who used the platform before September 1. 60% of tokens will be distributed to the community, the remaining tokens are meant for investors and the Uniswap team. Since its launch, the token has been added to the major exchanges - Binance, Coinbase, Huobi, Okex, FTX, and many others.
🔹Litecoin has launched LiteBringer — a fantasy RPG on its own blockchain. The game was developed by CipSoft and will provide players with the opportunity to earn and trade LTC for completing quests and closing certain deals.
🔹The regulated American Kraken cryptocurrency exchange became the first company in the USA to obtain a banking license. Kraken Financial will provide comprehensive services for deposit-taking, storage, and fiduciary services with digital assets.
🔹The number of Bitcoin ATMs has increased from 0 to 10,000 since 2013.
🔹The daily volume of Bitcoin Futures trading at the Bakkt stock exchange reached an ATH. Contracts worth more than $200 million were sold in one day, breaking the previous record by 36%.
🔹Tether's USDT capitalization reached $15 billion.
#3C_digest
Everyone who has experienced trading knows that the greatest profit can be made during the high market volatility.
In this article “3Commas practical guides,” we will talk about how you can earn on volatility regardless of the direction of price movement and without getting glued to the chart 24/7 with the help of 3Commas.io service.
Read article
In this article “3Commas practical guides,” we will talk about how you can earn on volatility regardless of the direction of price movement and without getting glued to the chart 24/7 with the help of 3Commas.io service.
Read article
⚠️⚠️⚠️
Dear traders!
Deribit.com will perform a scheduled system upgrade -
22 September 2020
Time: 9 AM UTC
Expected downtime: up to 3-5 minutes
Client impact: No protocol impact, however the system will be down for around 3 minutes. Client systems will not be able to communicate with Deribit during this time.
Dear traders!
Deribit.com will perform a scheduled system upgrade -
22 September 2020
Time: 9 AM UTC
Expected downtime: up to 3-5 minutes
Client impact: No protocol impact, however the system will be down for around 3 minutes. Client systems will not be able to communicate with Deribit during this time.
Binance Futures tournament has started!
Join the 3Commas team in a tournament with a $1,500,000 prize pool!
A large-scale Binance Futures team competition. The winner is the team with the largest combined profit. Join a team with more than 300 participants and win the grand prize!
Terms and Conditions:
🔷The Binance Futures tournament runs from September 21 to October 6.
🔷The prize pool is $1,500,000!
🔷Daily $75,000 draw among the participants
The winners will be determined by cumulative profits and losses. The team to showcase the best ROI will win.
List of partners that provides free trading signals on the tournament period:
🔹Hirn Binance Futures
🔹CQS Binance Futures
🔹MP Binance Tournament signals
🔹Keiko Futures
🔹STP Futures
Join the 3Commas team
Join the 3Commas team in a tournament with a $1,500,000 prize pool!
A large-scale Binance Futures team competition. The winner is the team with the largest combined profit. Join a team with more than 300 participants and win the grand prize!
Terms and Conditions:
🔷The Binance Futures tournament runs from September 21 to October 6.
🔷The prize pool is $1,500,000!
🔷Daily $75,000 draw among the participants
The winners will be determined by cumulative profits and losses. The team to showcase the best ROI will win.
List of partners that provides free trading signals on the tournament period:
🔹Hirn Binance Futures
🔹CQS Binance Futures
🔹MP Binance Tournament signals
🔹Keiko Futures
🔹STP Futures
Join the 3Commas team
Inflation in cryptocurrencies
All financial systems take the inflation phenomenon into account. Cryptocurrencies, which are mainly financial assets, also have a similar concept of inflation.
After reading this article, we want our readers to better understand why inflation – or rather the increase in monetary supply – is essential in both traditional and token-based economies, so-called “tokenomics”.
Read article
All financial systems take the inflation phenomenon into account. Cryptocurrencies, which are mainly financial assets, also have a similar concept of inflation.
After reading this article, we want our readers to better understand why inflation – or rather the increase in monetary supply – is essential in both traditional and token-based economies, so-called “tokenomics”.
Read article
Here's our digest with the hottest news:
Capitalization: $330 billion
Trading Volume (24h): $75 billion
BTC Dominance: 58.4%
BTC: $10,441 (-0.26%)
🔹 CEO of Galaxy Digital Mike Novograts believes that now is the time to start buying BTC and as soon as people understand Bitcoin its value will significantly increase.
🔹 USDC has reached Tether's early 2019 market capitalization.
🔹 A well-known trader of the Bitfinex exchange, Joe007 criticized the Uniswap token (UNI), saying that its market capitalization of UNI is overstated by about $625 million. Most of the tokens were distributed to users who traded on the platform and received at least 400 tokens each ($1200).
🔹 U.S. regulators have allowed national banks and federal savings associations to hold deposits that serve as reserves for certain “stablecoins” to provide services to bank customers.
🔹 Bitcoin options trading volumes in September reached over $100 million in a daily volume.
#3C_digest
Capitalization: $330 billion
Trading Volume (24h): $75 billion
BTC Dominance: 58.4%
BTC: $10,441 (-0.26%)
🔹 CEO of Galaxy Digital Mike Novograts believes that now is the time to start buying BTC and as soon as people understand Bitcoin its value will significantly increase.
🔹 USDC has reached Tether's early 2019 market capitalization.
🔹 A well-known trader of the Bitfinex exchange, Joe007 criticized the Uniswap token (UNI), saying that its market capitalization of UNI is overstated by about $625 million. Most of the tokens were distributed to users who traded on the platform and received at least 400 tokens each ($1200).
🔹 U.S. regulators have allowed national banks and federal savings associations to hold deposits that serve as reserves for certain “stablecoins” to provide services to bank customers.
🔹 Bitcoin options trading volumes in September reached over $100 million in a daily volume.
#3C_digest
We are happy to announce that we are launching a traders club!
Not feeling confident enough with 3Commas instruments? Have questions about the effectiveness of a certain strategy or a signal? Or maybe you are an experienced trader and ready to give advice to beginners? Join our professional community of traders!
Go through a quick sign-up process on the forum by clicking the “with 3Commas” button. Please follow the community guidelines and respect other users, this will cultivate a productive and friendly community environment.
Also, if you haven't found an answer to your question, you can always ask our support team via email or a widget on our website!
Join community
Not feeling confident enough with 3Commas instruments? Have questions about the effectiveness of a certain strategy or a signal? Or maybe you are an experienced trader and ready to give advice to beginners? Join our professional community of traders!
Go through a quick sign-up process on the forum by clicking the “with 3Commas” button. Please follow the community guidelines and respect other users, this will cultivate a productive and friendly community environment.
Also, if you haven't found an answer to your question, you can always ask our support team via email or a widget on our website!
Join community
⚠️⚠️⚠️
Dear traders!
Bittrex.com will be offline on Wednesday, September 23rd for scheduled maintenance which will result in downtime starting at 1:00PM PT (20:00 UTC ) and may last until 5:00PM PT (24:00 UTC).
Dear traders!
Bittrex.com will be offline on Wednesday, September 23rd for scheduled maintenance which will result in downtime starting at 1:00PM PT (20:00 UTC ) and may last until 5:00PM PT (24:00 UTC).
Immutability of blockchain transactions simply explained
There is too much noise in blockchain-related news on the Internet. The cleaner the content, it is often too technical. Of course, source code is the purest and most reliable content. But even without plunging into the depths of technical truths, in the early stages of experiencing the industry, you will always run into new meanings and terms when mastering new material. Today we will take a closer look at immutability (or irreversibility), which is closely related to one of the main characteristics of Blockchain technology – reliability.
Read article
There is too much noise in blockchain-related news on the Internet. The cleaner the content, it is often too technical. Of course, source code is the purest and most reliable content. But even without plunging into the depths of technical truths, in the early stages of experiencing the industry, you will always run into new meanings and terms when mastering new material. Today we will take a closer look at immutability (or irreversibility), which is closely related to one of the main characteristics of Blockchain technology – reliability.
Read article
3Commas Cryptocurrency Blog - Trading Guides and Tutorials
Immutability of blockchain transactions simply explained 2023
Blockchain's immutability ensures irreversible transactions through mechanisms like Probabilistic, Absolute, and Economic. Essential for trust and reliability, it remains a core focus in 2023's blockchain innovations.
Here's our digest with the hottest news:
Capitalization: $336 billion
Trading Volume (24h): $100 billion
BTC Dominance: 58.6%
BTC: $10,680 (+3.84%)
🔹Bloomberg analyst Mike McGlown believes that Bitcoin is still undervalued and should reach $15,000. He made this conclusion based on the recent Bitcoin hashrate ATH and the number of active Bitcoin addresses.
🔹With $6 billion blocked in DeFi, the entire DeFi market is still smaller than the XRP capitalization. DeFi's share in the entire cryptocurrency market, excluding Bitcoin, is 4%.
🔹Since 2009, 436 Bitcoin-based altcoins have been created, and none of them managed to achieve Bitcoin's market cap. Half of this list is the abandoned projects now.
🔹The Gemini American Cryptocurrency exchange founded by the Winklevoss brothers, started providing services in the UK.
🔹According to the Evertas study, 90% of institutional investors from the USA and Great Britain plan to increase their investments in cryptocurrencies in the next five years.
#3C_digest
Capitalization: $336 billion
Trading Volume (24h): $100 billion
BTC Dominance: 58.6%
BTC: $10,680 (+3.84%)
🔹Bloomberg analyst Mike McGlown believes that Bitcoin is still undervalued and should reach $15,000. He made this conclusion based on the recent Bitcoin hashrate ATH and the number of active Bitcoin addresses.
🔹With $6 billion blocked in DeFi, the entire DeFi market is still smaller than the XRP capitalization. DeFi's share in the entire cryptocurrency market, excluding Bitcoin, is 4%.
🔹Since 2009, 436 Bitcoin-based altcoins have been created, and none of them managed to achieve Bitcoin's market cap. Half of this list is the abandoned projects now.
🔹The Gemini American Cryptocurrency exchange founded by the Winklevoss brothers, started providing services in the UK.
🔹According to the Evertas study, 90% of institutional investors from the USA and Great Britain plan to increase their investments in cryptocurrencies in the next five years.
#3C_digest
⚠️⚠️⚠️
Dear traders!
We are experiencing some technical issues for the moment.
Excuse for troubling.
Dear traders!
We are experiencing some technical issues for the moment.
Excuse for troubling.
3Commas practical guides: how to always profit from long and short positions
In this article “3Commas practical guides,” we will talk about how you can profit from trading long and short positions using 3Commas.io platform, regardless of the direction in which the price moves.
Read article
In this article “3Commas practical guides,” we will talk about how you can profit from trading long and short positions using 3Commas.io platform, regardless of the direction in which the price moves.
Read article