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The SPX index is up 0.12%, the market was influenced by a mixed U.S. consumer price report and an anticipated European Central Bank (ECB) decision on interest rates. The broader cryptocurrency market is up, with Bitcoin and Ether rising 0.66 and 0.34% respectively, in the past 24 hours.
Today’s outperformer is STMX, which surged 16.7% in the past 24 hours after StormX Shop App rolled out Global Shop Directory for easier access to crypto cashback deals.
StormX (STMX), founded in 2015, is a blockchain-based platform that allows users to earn, shop, and invest in a decentralized environment. It offers crypto cashback for online shopping and allows users to stake their native STMX token for additional rewards. The platform aims to make earning and using cryptocurrencies accessible and efficient. Lately, the StormX Shop app has added a new feature called the Global Shop Directory, making it simpler to locate preferred brands and take advantage of Crypto Cashback deals. To use this, update the app and navigate to "Shop Directory" under the Profile tab.
Check Out the Latest Prices, Charts, and Data of STMXUSDT!
Telegram has integrated a crypto wallet based on The Open Network (TON) blockchain, nearly three years after announcing plans to develop a Web3 ecosystem. The wallet is available to Telegram's 800 million users, except in the U.S. and a few other countries. The announcement led to a 7% increase in the price of Toncoin. TON Foundation stated that projects built on their blockchain would get priority access to Telegram's advertising platform. The integration comes after Telegram had to sever its relationship with TON in 2020 due to a lawsuit from the U.S. SEC over its $1.7 billion ICO. With the renewed partnership, TON Foundation aims to build Web3 infrastructure and facilitate easier crypto access for Telegram users.