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  • 15:23
    Tokens AIA and MMT from the Sui ecosystem have both surged significantly, with the AIFI narrative potentially becoming a new hotspot
    BlockBeats News, November 4, according to market data, the leading AI infrastructure project in the Sui ecosystem, DeAgentAI, saw its token AIA surge in price today, currently trading at $1.92, with a market capitalization exceeding $249 millions. Its 24-hour trading volume surpassed $30.7 millions, representing a growth of 122.79%; Meanwhile, the leading DEX in the SUI ecosystem, Momentum, also saw its token MMT rise sharply, currently trading at $0.7602, with a market capitalization of $155 millions. It is reported that DeAgentAI is the only external investment project of Momentum. The simultaneous rise of both tokens may indicate the market's strong attention to the AIFI narrative. Both parties may jointly explore the AI ecosystem in the future and actively deploy in the AIFI sector. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.
  • 15:23
    Stablecoin payment company Zynk completes $5 million seed round led by Hivemind Capital
    BlockBeats News, November 4, according to The Block, stablecoin payment company Zynk has completed a $5 million seed round of financing, led by Hivemind Capital. A certain exchange Ventures, Alliance DAO, Transpose Platform VC, Polymorphic, Tykhe Ventures, and Contribution Capital also participated in this round. Zynk co-founder and CEO Prashanth Swaminathan stated that this round of financing was conducted in the form of a Simple Agreement for Future Equity (SAFE) and was completed in August, but he declined to disclose the post-financing valuation. Zynk is a cross-border payment infrastructure company supporting stablecoins, enabling users to achieve instant settlement without pre-funding. The company stated that the new funds will mainly be used to expand its transaction corridor coverage, enhance its liquidity, technology, and compliance infrastructure, and establish partnerships with leading global payment service providers.
  • 15:23
    Bloomberg ETF analyst: Short-term outflows from Bitcoin ETF are normal, don’t expect it to rise every day
    BlockBeats News, November 4, Bloomberg ETF analyst Eric Balchunas stated in a post that the growth of bitcoin ETFs will experience a "two steps forward, one step back" process, and it is currently in the retreat phase. This pattern can be seen from the capital flows of IBIT. "In my view, this is part of the development process. Only children would expect prices or inflows to rise every single day."
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