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The cryptocurrency market has shown mixed signals today, with some projects experiencing notable gains while others face significant losses. WOO Network, Near Protocol, Immutable, Fantom, and Nexo have emerged as the top gainers of the day, while Stacks, Conflux, BitTorrent, Pancake, and XRP are the top losers.
In their most recent video, crypto analyst and YouTuber, CryptoBusy, has identified five coins that are currently breaking out and could provide investors with significant gains.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $30,000 level on Wednesday following the release of inflation data. The headline CPI came in at 5% year-on-year in March, down from 6% in February, according to data the Labor Department reported on Tuesday.
As the cryptocurrency market continues to evolve and mature, today's top gainers have shown an impressive bullish trend, leading the pack with notable gains. Injective, Solana, Huobi Token, Render Token, and Monero have all demonstrated strong growth, while Conflux, Optimism, Arbitrum, Mask Network, and Enjin have experienced significant losses, prompting concerns about their future performance.
Bitcoin's rally past $30,000 has made it one of the top 10 performers of the past 24 hours. CryptoSlate data showed only six other coins surpassed BTC's 6.41% rise, with some newcomers to the industry leading the way when it comes to performance.
A few hours ago, the official Twitter profile of Conflux announced that Binance will soon integrate the Conflux Mainnet on its available networks.
Avant de regarder les prix des cryptomonnais CFX, LTC et ADA, prenons un moment pour voir s'il y a des nouvelles qui valent la peine d'être mentionnées.
The crypto market is enthusiastic as bitcoin (BTC) surpasses $30,000 for the first time since June 2022.
Conflux (CFX/USD) price made a bullish breakout on Tuesday as a cheerful mood engulfed the cryptocurrency industry. CFX, its token, jumped to a high of $0.4452, the highest level since March 29th. It has soared by more than 1,975% since January, making it one of the top performing coins in the industry.
Conflux Price Prediction: The parabolic growth in conflux coin recently made a high of $0.877 and turned sideways in response to indecisive market sentiment. The resulting sideways trend showed the prices resonated within two converging trendlines, revealing the formation of the symmetrical triangle pattern.
Conflux (CFX) is up close to 14% within 24 hours ahead of a new partnership on the network.
Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange.
Conflux plans to deploy Uniswap v3 on its network, offering access to millions of potential new users in the Chinese and Asian markets. The move comes after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange.
China's only regulatory-compliant public blockchain, Conflux, has submitted a proposal to deploy Uniswap v3 on its network, following the expiration of the Uniswap v3 code license. This move aims to bring the popular decentralized exchange to the Chinese and broader Asian markets, tapping into a new user base and taking advantage of the region's robust growth in the crypto industry.
Following the expiration of the Uniswap V3 code license on April 1, Conflux seeks to deploy the decentralized crypto trading protocol on its network.
Uniswap V3 is set to be deployed on Conflux Network, a permissionless Layer-1 EVM-compatible blockchain.
Most altcoins posted a below-par performance in March, but XRP, XLM, CFX, XDC and MASK defied the trend by posting double-digit gains.
There are the five altcoins that had the most positive performance from the crypto market last week.
Amid the increasing uncertainty in the crypto market, the Conflux Price recovery rally peaked at the $0.49 mark and turned down for a minor correction phase. The resulting downfall has tumbled the coin price by 36.8% and plunged it to the $0.386 support level.
The Conflux (CFX) price seems to have responded positively to the blockchain's new partnership with XCMG Construction Machinery Co. Ltd., with the token posting a 17.90% jump in value in the last 24 hours.
The price of Conflux reached a five-month high after the buyers pushed prices to $0.487 last Sunday. Since then, CFX was forced to retrace a portion of the gains it made since mid-March.
Toronto, Canada, 27th March, 2023, Chainwire XCMG Construction Machinery Co., Ltd. (000425.SZ), the world's third largest construction machinery manufacturers, announced a partnership with Conflux, a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $28,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved lower, trading below the $1,800 mark this morning.
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux's chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.
