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The S&P 500 rose 0.24% to a record high, led by tech stocks, as investors eye labor data and Fed speeches. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.78%, with Bitcoin and Ether dropping by 1.51% and 2.48%, respectively in the past 24 hours.
Today's top performer is HBAR, which surged 59.0% following the announcement of Hedera and SEALSQ's collaboration to revolutionize decentralized physical infrastructure.
Hedera Hashgraph (HBAR), launched on September 2019, is a cryptocurrency network that supports fast transactions and application deployment, overseen by a select group of business-approved nodes. This design ensures quick finality and reliability, attracting major corporations like LG, IBM, and Boeing as participants. SEALSQ and the Hedera Hashgraph Association are collaborating to develop Decentralized Physical Infrastructure Networks (DePIN) using Hedera's DLT. The partnership integrates SEALSQ's platform to securely manage trillions of object transactions, aiming to revolutionize physical infrastructure with scalable, decentralized solutions.
Sonic Labs is set to publicly launch its new layer-1 blockchain, Sonic, after achieving its Genesis block. Positioned as a faster, EVM-compatible successor to the Fantom Opera network, Sonic aims to reduce latency and transaction fees while incentivizing developers with 90% of generated fees. Supported by the Fantom Foundation, Sonic allows users to swap FTM tokens for S tokens at a 1:1 ratio, with 200 million S tokens being airdropped. Sonic achieved 720-millisecond transaction finality during testing, positioning it as a competitor to fast EVM chains like Solana.
Category | Flow (millions) |
GBTC | (28.1) |
Non-GBTC | 43.4 |
Total | 15.3 |
Yesterday, the BTC Spot ETF data shows a total flow of $15.3 million, with $28.1 million flowing out of GBTC and $43.4 million in non-GBTC products.
The Talus Airdrop Season 1 campaign is live, offering free points (shards) to participants. To earn 3000 shards, users need to sign up, verify their email, and connect their X and Discord accounts. Additional points can be earned by creating content about Talus on X. Talus is a high-throughput layer 1 blockchain designed for decentralized AI agents, and its token is confirmed.
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