Darius Baru Aug 6, 2024 07:32 Binance has announced important updates to its API, including request weight adjustments and websocket user data requests, effective September 3, 2024. Binance, one of the world’s leading cryptocurrency exchanges, has announced a significant update to its API that will take effect on September 3, 2024 at 06:00 UTC. According to Binance’s announcement, the update will include adjusting request weights and discontinuing certain WebSocket user data requests.Major changesThe coming changes will primarily focus on two areas:1. Request weight adjustmentStarting September 3, 2024, Binance will implement changes to the request…
Author: Crypto Flexs
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More than half of the top 50 cryptocurrencies by market cap are down following the biggest cryptocurrency sell-off in a year.The total market capitalization of the cryptocurrency market has decreased by $510 billion.According to Binhdangg, author of CryptoQuant, more than 60% of the top 50 cryptocurrencies have lost all their gains in 2024 after the sell-off. He wrote in an August 6 post to X:”Since Black Monday, 60% of the top 50 coins have lost all their gains and even suffered losses since early 2024.”Top 50 cryptocurrencies, performance. Source: BinhdanggAfter the selloff, the price of Ether (ETH) briefly fell to…
Ethereum’s native token, Ether (ETH), is on a tear after hitting an eight-month low on August 5. Interestingly, this bounce is similar to the one in October 2023 that preceded a 168% price surge.Has ETH price already hit bottom?As of August 6, ETH/USD showed signs of a bullish reversal after bouncing off the support confluence formed by the lower trendline of the dominant ascending channel pattern and the 200-week exponential moving average (200-week EMA, blue wave). At the same time, the rebound was accompanied by a rise in Ethereum’s weekly Relative Strength Index (RSI) reading of 39.40, which is more…
According to on-chain data, by 2023, approximately 4,000 wallets will power Web3 casinos and gambling websites with $5 billion worth of cryptocurrencies. According to data from Chainalysis, Web3 casinos and gambling platforms appear to be amassing enormous wealth. In 2023 alone, just 4,000 Ethereum (ETH) wallets deposited $5 billion worth of cryptocurrency. The New York-based blockchain forensics firm said in a blog post on August 5 that high-frequency players are transacting an average of $7,000 worth of cryptocurrency, which has a huge impact on the web3 gaming business. Active web3 casino players infographic | Source: Chainalysis Although the number of…
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a net outflow of $168.4 million on Monday as cryptocurrency markets experienced significant turmoil.Among the 12 spot Bitcoin ETFs, Grayscale’s GBTC reportedly had a daily net outflow of $69.12 million. data At SoSoValue, Ark Invest and 21Shares’ ARKB followed closely behind with $69 million in outflows, while Fidelity’s Bitcoin fund reported a net outflow of $58 million.The outflows were offset by a net inflow of $21.81 million into Grayscale’s latest Bitcoin trust, which launched last week. ETFs from VanEck and Bitwise also attracted about $3 million on Monday. BlackRock’s IBIT, the largest spot…
Polygon’s MATIC has experienced a sharp decline over the last 24 hours. These corrections come as cryptocurrency markets across the board plunge due to several overarching concerns. Recent market trends raise questions about MATIC’s next move. MATIC, the native token of the Polygon PoS chain, has been in a parabolic uptrend for several months, after a consolidation in Q2 and a relief rally in July 2024, following a parabolic uptrend in Q1 2024. Over the weekend, this downtrend was overheated by the panic-filled cryptocurrency market crash, causing it to shed 12 figures in value. Polygon’s MATIC hits lowest level in…
James Ding Aug 6, 2024 06:56 Learn how to create video captions using AssemblyAI and Zapier. Follow the step-by-step guide to transcribe your video and upload the captions to Google Drive. AssemblyAI, a leading provider of voice-to-text services, has announced a new integration with Zapier, enabling users to seamlessly create captions for their videos. This tutorial walks you through the process of transcribing a video, generating SRT captions, and uploading them to Google Drive using the AssemblyAI app for Zapier. Prerequisites To follow this tutorial, users will need an AssemblyAI account and a Zapier…
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to dismiss a subpoena seeking to force Coinbase to produce documents related to its cryptocurrency assets. The SEC explained that the subpoena covers “basically all documents related in any way to cryptocurrency assets.”SEC’s Court documents On Monday, the agency claimed it had granted Coinbase’s request to release additional documents, including documents from its investigative files unrelated to the Coinbase case and its fair notice. “Coinbase is not satisfied and continues to request that the SEC conduct a broad search, including all agency records, all internal files, and…
A prominent crypto strategist believes that three altcoins, including Layer 1 project SUI, are in a distinct downtrend. An anonymous analyst, Altcoin Sherpa, warned his 218,900 followers on social media platform X that SUI, smart contract platform Near (NEAR), and AI-centric Artificial Intelligence Superintelligence Alliance (FET) are trading in a bear market. “What’s really scary is that we still have a long way to go for some of these coins. The volatile BTC environment, along with the supply unlock (peep SUI), means that many of these coins could be doomed. For many, there is a clear bear market structure and…
Rebecca Moen Aug 6, 2024 04:35 Gala Games is launching a new weekly competition on Common Ground World, offering $GALA prizes to the top performers. Get in the game and compete now! According to Gala News, Gala Games is launching a new weekly competition for their popular game Common Ground World, offering $GALA prizes to those who make it to the top of the leaderboard. The competition will begin on Tuesday, August 6 at 10 a.m. PST and end on Friday, August 9 at 10 a.m. PST. Are you new to this city? If…