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Today’s Cryptocurrency Headline
Sei Network has announced the upcoming launch of the final version of its testnet, Atlantic-2. It will use Sei’s Twin Turbo consensus, DeliverTx and Enblock parallelization, and permissionless deployment. Twin Turbo consensus features Intelligent Block Propagation and Optimistic Bak to broadcast and process blocks faster than vanilla Tendermint. In terms of parallelization, Sei uses two different types of parallelization to further improve network throughput and latency. DeliverTx parallelization allows parallelization of all types of transactions, while Enblock on reapply parallel transactions.
BingX’s Bitcoin Chart
Source: TradingView & BingX
The Bureau of Labor Statistics (BLS) reported on Tuesday that the Consumer Price Index (CPI) increased by 6.0% in the 12 months through February, in line with economists’ predictions. Bitcoin is up 1.35% over the last 24 hours and rose to an intraday high of $26,265.00. The cryptocurrency market experienced massive volatility today with Bitcoin trading between $24,055.06 to $26,265.00, indicating a struggle for dominance between bulls and bears. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000.
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