SushiSwap to Launch Decentralized Perpetual Futures Exchange on Sei Network

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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

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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.

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