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U.S. equities fell yesterday by 0.4% as traders anticipate a break from last week's rally due to optimism over the U.S. debt ceiling. The broader cryptocurrency market went up, with Bitcoin and Ether rising 0.46% and 2.09%, respectively, in the past 24 hours.
Today's outperformer is EVER, which surged 15.43% in the past 24 hours due to announcing its partnership with Cryptomatch, an AI-powered networking platform.
Launched on May 2020, Everscale (EVER) is a high-speed L1 blockchain derived from the Telegram Open Network (TON). It utilizes a unique sharded structure, with workchains and shardchains, allowing it to process millions of transactions per second. It hosts DeFi and NFT platforms like FlatQube, Crypto Waifus, and TON Punks, with expected growth as adoption increases. Everscale has partnered with CryptoMatch, which uses Telegram bots to facilitate connections within Web3 communities based on their interests and experiences. CryptoMatch has attracted over 8,000 active users from 20+ countries and has partnered with over 30 entities, including DAOs, and protocols. This user base and network offer a promising environment for project development and networking to Everscale.
Check Out the Latest Prices, Charts, and Data of EVERUSDT!
Cryptocurrency exchange Bybit has received "in-principle" approval from the Astana Financial Services Authority (AFSA) in Kazakhstan to operate as a digital asset trading and custody services provider. This development is part of Bybit's ongoing expansion efforts. It recently introduced crypto lending services and partnered with Mastercard to offer a debit card for cryptocurrency payments. Bybit's CEO, Ben Zhou, emphasized the company's commitment to adhering to local regulations, especially given recent regulatory concerns in Japan. The approval in Kazakhstan is conditional, pending full completion of the application process. This comes as Kazakhstan increasingly positions itself as a regional hub for cryptocurrency, with significant developments in crypto mining, taxation, and the piloting of a central bank digital currency.