3Commas Announces New Collaboration With PlotX
PlotX is a non-custodial prediction market directly built on the Ethereum blockchain and lets users not only liquidity mine, but also be rewarded for predicting prices in diverse timeframes.
PlotX is a non-custodial prediction market directly built on the Ethereum blockchain and lets users not only liquidity mine, but also be rewarded for predicting prices in diverse timeframes.
Passive crypto income ideas
Recently, yield farming has started gaining popularity. This type of income attracts inexperienced investors as it does not require much involvement, provides high profitability, and is by far less risky. However, it is difficult to classify farming as a truly passive income. In this article, we will look at different ways of passively increasing cryptocurrency positions.
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Recently, yield farming has started gaining popularity. This type of income attracts inexperienced investors as it does not require much involvement, provides high profitability, and is by far less risky. However, it is difficult to classify farming as a truly passive income. In this article, we will look at different ways of passively increasing cryptocurrency positions.
Read article
Here's our digest with the hottest news:
Capitalization: $356 billion
Trading Volume (24h): $87 billion
BTC Dominance: 58.9%
BTC: $11,331 (-0.62%)
🔹Distribution of recovered Bitcoins, from the infamous Mt. Gox exchange hack, has been postponed until mid-December. Once again.
🔹Grayscale reported its largest-ever quarterly inflows, over $1 billion in 3Q20, making it the third consecutive record-breaking quarter. Grayscale's total AUM now equates to $6.3 billion.
🔹You can now chart the Uniswap top 100 tokens by volume on Tradingview.
🔹According to data published by Chain.info, roughly 10.6% of Bitcoin (BTC) circulating supply is currently held on just five centralized exchanges. Those are Coinbase, Huobi, Binance, OKEx, and Kraken.
🔹Glassnode stated that 60% of all Ethereum tokens have not moved for more than a year. The founder of EthHub, Anthony Sassano, is wondering whether this ratio will change with the launch of ETH 2.0 stacking.
Capitalization: $356 billion
Trading Volume (24h): $87 billion
BTC Dominance: 58.9%
BTC: $11,331 (-0.62%)
🔹Distribution of recovered Bitcoins, from the infamous Mt. Gox exchange hack, has been postponed until mid-December. Once again.
🔹Grayscale reported its largest-ever quarterly inflows, over $1 billion in 3Q20, making it the third consecutive record-breaking quarter. Grayscale's total AUM now equates to $6.3 billion.
🔹You can now chart the Uniswap top 100 tokens by volume on Tradingview.
🔹According to data published by Chain.info, roughly 10.6% of Bitcoin (BTC) circulating supply is currently held on just five centralized exchanges. Those are Coinbase, Huobi, Binance, OKEx, and Kraken.
🔹Glassnode stated that 60% of all Ethereum tokens have not moved for more than a year. The founder of EthHub, Anthony Sassano, is wondering whether this ratio will change with the launch of ETH 2.0 stacking.
Knowledge DeFi’cit: credit without a credit history, deposit without intermediaries.
Jurisdiction restrictions, volume restrictions, trust limits, high cost of services are just some of the troubles faced by those who want to take a loan or deposit with banks around the world. In this "Knowledge DeFi'cit” article, we will tell you in simple words how to use DeFi tools to take a loan without geographical limitations, credit history, as well as how to place a deposit on more favorable terms and without intermediaries.
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Jurisdiction restrictions, volume restrictions, trust limits, high cost of services are just some of the troubles faced by those who want to take a loan or deposit with banks around the world. In this "Knowledge DeFi'cit” article, we will tell you in simple words how to use DeFi tools to take a loan without geographical limitations, credit history, as well as how to place a deposit on more favorable terms and without intermediaries.
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Dear users!
We are happy to inform you that, by popular demand, trading courses are now available to every 3Commas user for free!
Trading courses from the 3Commas team are equally suitable for both beginners and experienced traders. We will help you to understand cryptocurrency in detail and teach you how to make money using automated trading with 3Commas bots!
The courses are presented in the format of online self-traning and consist of video tutorials and articles on technical analysis.
The course is available on our Traders Community platform - choose the topic that suits you or take the full training course right now
We are happy to inform you that, by popular demand, trading courses are now available to every 3Commas user for free!
Trading courses from the 3Commas team are equally suitable for both beginners and experienced traders. We will help you to understand cryptocurrency in detail and teach you how to make money using automated trading with 3Commas bots!
The courses are presented in the format of online self-traning and consist of video tutorials and articles on technical analysis.
The course is available on our Traders Community platform - choose the topic that suits you or take the full training course right now
⚠️⚠️⚠️
Dear traders!
There are some technical issues with the Binance.
Sorry for the inconvenience.
Dear traders!
There are some technical issues with the Binance.
Sorry for the inconvenience.
✅✅✅
Dear Traders!
Binance is working normally now!
Dear Traders!
Binance is working normally now!
For our new update, a huge amount of work has gone into optimizing the 3Commas interface based on your feedback:
- We have created a uniform design style for all buttons, controls and fields, thereby strengthening consistency and unifying the interface that we’ve developed over the last few years
- We optimized light and dark themes, making them easier on the eye. The dark theme will never blind you with a bright button again!
- We have made the interface more compact so it can fit more information on screen, this will reduce the amount of scrolling in the Smart Trade terminal and on the new bot creation page.
- All icons were updated, with some new ones added. We believe you will like them and they will be more intuitive and quickly adopted by the community.
- Visual bugs were fixed and some elements that were distracting for traders have been removed.
- We have created a uniform design style for all buttons, controls and fields, thereby strengthening consistency and unifying the interface that we’ve developed over the last few years
- We optimized light and dark themes, making them easier on the eye. The dark theme will never blind you with a bright button again!
- We have made the interface more compact so it can fit more information on screen, this will reduce the amount of scrolling in the Smart Trade terminal and on the new bot creation page.
- All icons were updated, with some new ones added. We believe you will like them and they will be more intuitive and quickly adopted by the community.
- Visual bugs were fixed and some elements that were distracting for traders have been removed.
DeFi & Privacy
Building decentralized financial institutions and an independent financial system is a truly revolutionary idea. Blockchain, smart contracts, and the ability to create dApps allow each participant to fully control their funds. Decentralized finance is designed to provide access to financial services and operations such as lending, borrowing, liquidity mining, trading, issuing assets and allows you to transact in a trustless manner.
When it comes to finance, you should not forget to keep your identity and your funds confidential. In this article, we will talk about the solutions that are being developed to help improve data privacy in DeFi transactions.
Read article
Building decentralized financial institutions and an independent financial system is a truly revolutionary idea. Blockchain, smart contracts, and the ability to create dApps allow each participant to fully control their funds. Decentralized finance is designed to provide access to financial services and operations such as lending, borrowing, liquidity mining, trading, issuing assets and allows you to transact in a trustless manner.
When it comes to finance, you should not forget to keep your identity and your funds confidential. In this article, we will talk about the solutions that are being developed to help improve data privacy in DeFi transactions.
Read article
Here's our digest with the hottest news:
Capitalization: $374 billion
Trading Volume (24h): $103 billion
BTC Dominance: 60.6%
BTC: $12,247 (+4.3%)
🔹Due to miner Hash Rates remaining high since the Halving, Bitcoin’s mining difficulty has adjusted and increased by 3.62% to 20 trillion hashes, reaching yet another ATH.
🔹The number of Bitcoin addresses exceeding 100 BTC has reached a six-month high!
🔹Coinbase exchange continues to expand its custodial services with new tokens, they announced that more than 35 candidates are being considered at the moment.
🔹The five largest Filecoin miners have disconnected their equipment in protest against the project's "unfair" economic model, which requires a significant number of FIL tokens to start mining. Since its listing on the exchanges, the FIL token has collapsed from $200 to $30.
🔹Crypto exchange Binance hit an all-time high spot trading volume in the third quarter of 2020. Binance's spot trading grew 110% to a high of $306.6 billion compared to $146.3 billion in the previous quarter.
#3C_digest
Capitalization: $374 billion
Trading Volume (24h): $103 billion
BTC Dominance: 60.6%
BTC: $12,247 (+4.3%)
🔹Due to miner Hash Rates remaining high since the Halving, Bitcoin’s mining difficulty has adjusted and increased by 3.62% to 20 trillion hashes, reaching yet another ATH.
🔹The number of Bitcoin addresses exceeding 100 BTC has reached a six-month high!
🔹Coinbase exchange continues to expand its custodial services with new tokens, they announced that more than 35 candidates are being considered at the moment.
🔹The five largest Filecoin miners have disconnected their equipment in protest against the project's "unfair" economic model, which requires a significant number of FIL tokens to start mining. Since its listing on the exchanges, the FIL token has collapsed from $200 to $30.
🔹Crypto exchange Binance hit an all-time high spot trading volume in the third quarter of 2020. Binance's spot trading grew 110% to a high of $306.6 billion compared to $146.3 billion in the previous quarter.
#3C_digest
Dear traders!
Please, pay attention: Notice of Removal of Trading Pairs - 2020/10/23 from Binance!
Please, pay attention: Notice of Removal of Trading Pairs - 2020/10/23 from Binance!
Binance
Notice of Removal of Trading Pairs - 2020/10/23
Fellow Binancians, Binance will remove and cease trading on the followin...
Passive crypto income ideas: DeFi-staking
Blockchain technology growth has an undeniable effect on the evolution of crypto-mining. The first algorithm used in cryptocurrencies was Proof-of-Work (PoW) that requires computing power to secure the network and reach consensus. It was replaced by Proof-of-Stake (PoS) and its modifications: DPoS, APoS, and others. They required large amounts of tokens to run the node but delegated staking allowed receiving rewards even with minor investments. But with the development of the DeFi ecosystem, mining reached a new level: the profitability rose dramatically without a need for large investments.
Last week we already looked at different ways of passively increasing cryptocurrency positions.
In today’s article, we will look into how DeFi-staking differs from PoS and similar consensus algorithms while describing the pros and cons of each approach.
Read article
Blockchain technology growth has an undeniable effect on the evolution of crypto-mining. The first algorithm used in cryptocurrencies was Proof-of-Work (PoW) that requires computing power to secure the network and reach consensus. It was replaced by Proof-of-Stake (PoS) and its modifications: DPoS, APoS, and others. They required large amounts of tokens to run the node but delegated staking allowed receiving rewards even with minor investments. But with the development of the DeFi ecosystem, mining reached a new level: the profitability rose dramatically without a need for large investments.
Last week we already looked at different ways of passively increasing cryptocurrency positions.
In today’s article, we will look into how DeFi-staking differs from PoS and similar consensus algorithms while describing the pros and cons of each approach.
Read article
Here's our digest with the hottest news:
Capitalization: $392 billion
Trading Volume (24h): $108 billion
BTC Dominance: 60.9%
BTC: $12,907 (+1.1%)
🔹The largest on-line payment service, PayPal, will allow customers to buy, sell, and shop with Bitcoin and other cryptocurrencies. In the first half of 2021, users will be able to pay 26 million sellers with cryptocurrency.
🔹Mode Global Holdings PLC, the London Stock Exchange-listed Fintech Group, announced today that it has allocated up to ten percent of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset.
🔹Deribit Derivatives Exchange has announced mandatory user verification by the end of this year against the background of regulatory issues with BitMEX.
🔹Tether has issued another 300 million USDT tokens, having increased its issue by 600 million tokens over the past week. The current capitalization of stablecoin has exceeded 16 billion tokens.
🔹Circle has announced the public availability of USDC on the Solana blockchain.
🔹DragonEx Crypto Exchange reported that it is considering terminating its operations against the backdrop of an ongoing "confidence crisis" that the platform has faced due to the suspension of withdrawals on the OKEx exchange. If the situation is not resolved before November 2, the exchange will have to leave the market.
#3C_digest
Capitalization: $392 billion
Trading Volume (24h): $108 billion
BTC Dominance: 60.9%
BTC: $12,907 (+1.1%)
🔹The largest on-line payment service, PayPal, will allow customers to buy, sell, and shop with Bitcoin and other cryptocurrencies. In the first half of 2021, users will be able to pay 26 million sellers with cryptocurrency.
🔹Mode Global Holdings PLC, the London Stock Exchange-listed Fintech Group, announced today that it has allocated up to ten percent of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset.
🔹Deribit Derivatives Exchange has announced mandatory user verification by the end of this year against the background of regulatory issues with BitMEX.
🔹Tether has issued another 300 million USDT tokens, having increased its issue by 600 million tokens over the past week. The current capitalization of stablecoin has exceeded 16 billion tokens.
🔹Circle has announced the public availability of USDC on the Solana blockchain.
🔹DragonEx Crypto Exchange reported that it is considering terminating its operations against the backdrop of an ongoing "confidence crisis" that the platform has faced due to the suspension of withdrawals on the OKEx exchange. If the situation is not resolved before November 2, the exchange will have to leave the market.
#3C_digest
👏1
Knowledge DeFi’cit: getting rid of the human factor
The OKEx October 16th situation, when more than $2.3 billion of users’ funds were frozen under the influence of the regulator, clearly showed the critical shortcomings of centralized exchanges.
In this “Knowledge DeFi’cit” article, we will describe how DeFi exchanges can be used to trade in a decentralized manner, staying in control of your funds.
Read article
The OKEx October 16th situation, when more than $2.3 billion of users’ funds were frozen under the influence of the regulator, clearly showed the critical shortcomings of centralized exchanges.
In this “Knowledge DeFi’cit” article, we will describe how DeFi exchanges can be used to trade in a decentralized manner, staying in control of your funds.
Read article
💯1
Voyage of the DeFi universe: decentralized marketplaces
If you look at the DeFi ecosystem through a wider lens, you can see that decentralized finance projects are working and developing in roughly twelve directions. Attempting to shift to a decentralized form of almost everything related to the traditional financial system also means trying to move as quickly as possible to new types of interactions with financial instruments and decentralization of these interactions.
This is the first article in a series, looking at promising projects in each of these areas, talking about the advantages and disadvantages of these projects, and reflecting on their prospects and opportunities.
Read article
If you look at the DeFi ecosystem through a wider lens, you can see that decentralized finance projects are working and developing in roughly twelve directions. Attempting to shift to a decentralized form of almost everything related to the traditional financial system also means trying to move as quickly as possible to new types of interactions with financial instruments and decentralization of these interactions.
This is the first article in a series, looking at promising projects in each of these areas, talking about the advantages and disadvantages of these projects, and reflecting on their prospects and opportunities.
Read article
Forwarded from Binance Announcements
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Binance Will Delist MCO (MCO) on 2020/11/02
https://www.binance.com/en/support/announcement/d037df42aac64b388750c006aeedb8be
https://www.binance.com/en/support/announcement/d037df42aac64b388750c006aeedb8be
Here's our digest with the hottest news:
Capitalization: $407 billion
Trading Volume (24h): $103 billion
BTC Dominance: 62.5%
BTC: $13,724 (+4.75%)
🔹Representatives of one of the world's largest banks, JP Morgan, stated that "Bitcoin has significant potential for long-term growth," as "moderate displacement of gold as an alternative currency, in the long run, will double or triple the price of Bitcoin.
🔹Mike Novogratz, CEO of Galaxy Investment, believes that after support for Bitcoin, and several other cryptocurrencies, was announced and is implemented by PayPal, such giants of the market as Visa, Mastercard, and American Express will follow its example in the future.
🔹According to Glassnode, the number of addresses with more than $1 million in BTC has exceeded 20,000, which is the highest figure since January 2018.
🔹The average transaction fee in the Ethereum network has dropped by 92% since the beginning of September to $1. Last month, network users were paying between $10 and $15 due to the popularity of DeFi protocols.
🔹The largest transfer in the BTC network has been recorded. On Monday, 88,857 BTC worth more than $1.15 billion were transferred in a single transaction. The recipient of one of the largest Bitcoin transfers in history remains unknown. The transaction fee was only 0.00027847 BTC or $3.65.
#3C_digest
Capitalization: $407 billion
Trading Volume (24h): $103 billion
BTC Dominance: 62.5%
BTC: $13,724 (+4.75%)
🔹Representatives of one of the world's largest banks, JP Morgan, stated that "Bitcoin has significant potential for long-term growth," as "moderate displacement of gold as an alternative currency, in the long run, will double or triple the price of Bitcoin.
🔹Mike Novogratz, CEO of Galaxy Investment, believes that after support for Bitcoin, and several other cryptocurrencies, was announced and is implemented by PayPal, such giants of the market as Visa, Mastercard, and American Express will follow its example in the future.
🔹According to Glassnode, the number of addresses with more than $1 million in BTC has exceeded 20,000, which is the highest figure since January 2018.
🔹The average transaction fee in the Ethereum network has dropped by 92% since the beginning of September to $1. Last month, network users were paying between $10 and $15 due to the popularity of DeFi protocols.
🔹The largest transfer in the BTC network has been recorded. On Monday, 88,857 BTC worth more than $1.15 billion were transferred in a single transaction. The recipient of one of the largest Bitcoin transfers in history remains unknown. The transaction fee was only 0.00027847 BTC or $3.65.
#3C_digest
Blockchain bridges as an alternative to waiting for Ethereum 2.0
Although blockchain has brought much-needed decentralization and broken the stereotypes, it probably holds some problems that require introspection in every existing area. One of them is the lack of blockchain intercompatibility. This means that if a dApp is built on Ethereum, it can only take advantage of the Ethereum blockchain and not any other network, which can cause concern as Ethereum has its own inherent problems, such as poor scalability.
Blockchain bridges have been created to solve the problem of incompatibility. Let’s look at what blockchain bridges are, how they work, and what benefits they provide.
Read article
Although blockchain has brought much-needed decentralization and broken the stereotypes, it probably holds some problems that require introspection in every existing area. One of them is the lack of blockchain intercompatibility. This means that if a dApp is built on Ethereum, it can only take advantage of the Ethereum blockchain and not any other network, which can cause concern as Ethereum has its own inherent problems, such as poor scalability.
Blockchain bridges have been created to solve the problem of incompatibility. Let’s look at what blockchain bridges are, how they work, and what benefits they provide.
Read article
Here's our digest with the hottest news:
Capitalization: $388 billion
Trading Volume (24h): $95 billion
BTC Dominance: 63.0%
BTC: $13,207 (-0.53%)
🔹The average Bitcoin network transaction fee has increased from $3.5 to $10. The increase was due to the recent bitcoin price growth.
🔹Coinbase cryptocurrency exchange has announced the issuance of its cryptocurrency Visa debit card in the United States. U.S. citizens will be able to pay with the Coinbase Card online or in stores, withdraw cash from ATMs and receive a 1% BTC or 4% XLM cashback.
🔹According to the latest Grayscale report, 55% of U.S. investors are ready to invest in BTC in 2020. As compared to 2019, the interest in cryptocurrency investments rose by 36%.
🔹The derivatives crypto exchange, FTX, launches the world's first tokenized stocks - TSLA, AAPL, AMZN, and many others.
🔹Peter Schiff criticized Bitcoin once again. According to Schiff, Bitcoin HODLers are even more certain to fail than the Dotcom and real estate buyers during the 2000's and the housing bubble.
#3C_digest
Capitalization: $388 billion
Trading Volume (24h): $95 billion
BTC Dominance: 63.0%
BTC: $13,207 (-0.53%)
🔹The average Bitcoin network transaction fee has increased from $3.5 to $10. The increase was due to the recent bitcoin price growth.
🔹Coinbase cryptocurrency exchange has announced the issuance of its cryptocurrency Visa debit card in the United States. U.S. citizens will be able to pay with the Coinbase Card online or in stores, withdraw cash from ATMs and receive a 1% BTC or 4% XLM cashback.
🔹According to the latest Grayscale report, 55% of U.S. investors are ready to invest in BTC in 2020. As compared to 2019, the interest in cryptocurrency investments rose by 36%.
🔹The derivatives crypto exchange, FTX, launches the world's first tokenized stocks - TSLA, AAPL, AMZN, and many others.
🔹Peter Schiff criticized Bitcoin once again. According to Schiff, Bitcoin HODLers are even more certain to fail than the Dotcom and real estate buyers during the 2000's and the housing bubble.
#3C_digest