What are Wrapped Tokens – WBTC and WETH
Core Scientific Plans to Sell Bitmain Coupons for $6.6 Million

SushiSwap to Launch Decentralized Perpetual Futures Exchange on Sei Network

Join the Trading Community: Learn & Earn with BingX.


Today’s Cryptocurrency Headline


 SushiSwap is launching a decentralized perpetual futures exchange on the Sei Network. The announcement came from SushiSwap CEO Jared Gray at a conference in Miami. This move will allow SushiSwap to enter the non-Ethereum ecosystem. Sei is part of the Cosmos ecosystem, one of the largest non-Ethereum-based blockchains that allow developers to build customized chains for specific applications. Sushiswap plans to develop its ecosystem alongside the protocol. 


BingX’s Bitcoin Chart

Source: TradingView & BingX

Bitcoin is down 1.31% over the last 24 hours and fell to an intraday low of $22,539.79. The largest cryptocurrency dropped below the $23,000 price level, suggesting that bears are selling at a higher level. The crypto Fear and Greed index has risen to the highest level since April 2022, suggesting the recent rally has boosted market confidence. The bulls will attempt to thrust the price above $23,000. If they succeed, the BTC/USDT pair could rise to $25,000.


Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.