ChainCatcher’s partnership with Alibaba Cloud aims to enhance Web3 infrastructure, crucial for boosting scalability and DeFi technology. This collaboration is part of a strategic move towards more sustainable blockchain investments in the context of rising economic uncertainty.
Recent data shows U.S. Jobless claims have increased to 235,000, exceeding expectations. This rise impacts market sentiment, highlighting the delicate balance between technological advancements and economic conditions affecting cryptocurrency confidence.
Ethereum is currently trading at 4,238.77 USD, reflecting significant market activity and a bullish trend over the past 90 days with a 67.03% increase. Despite market volatility, Ethereum maintains a strong position with a market cap exceeding 511.65 billion USD.
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