fundraising-project

Are Saudi princes farming Hyperliquid? 8 months ago, a wallet connected to TechnoRevenant created a vault on Hyperliquid & named it "Alwaleed_Talal". Al Waleed bin Talal Al Saud is a Saudi royal, the chairman of KHC (Kingdom Holding Company), & the world's richest Arab

zk-SNARKs have long been regarded as a highly theoretical concept; however, the technology from Succinct Labs is turning it into a practical tool. This technology has demonstrated enormous potential and practical application value across multiple fields. In the financial industry, Succinct Labs' SP1 technology provides innovative solutions for asset compliance. It is capable of generating evidence of asset security while protecting sensitive information from being disclosed. This balance is extremely important for both financial institutions and regulatory agencies. Cross-chain communication is another challenge faced by blockchain technology. Succinct Labs' Prover network has made groundbreaking progress in this area. It makes state transfer between different blockchains more secure and reliable, reducing the reliance on centralized validators, thereby increasing the level of decentralization of the entire ecosystem. In the field of decentralized finance (DeFi), privacy has always been a key concern for users. Succinct Labs' zk-SNARKs technology provides enhanced privacy protection capabilities for DeFi protocols, better safeguarding users' transaction details without compromising the validity of the transaction verification. The importance of Succinct Labs lies not only in its technological innovation but also in its ability to transform complex zk-SNARKs technology into easy-to-use infrastructure. This enables developers to more easily integrate these advanced technologies into their projects, accelerating the pace of innovation across the industry. As more and more projects begin to adopt the technology from Succinct Labs, we can anticipate that zk-SNARKs will play a role in a broader range of fields. This is not only a technological advancement but also an important step for the entire blockchain and cryptocurrency industry towards a more secure, private, and efficient future. The real-world application cases of Succinct Labs clearly demonstrate that zk-SNARKs have transitioned from theory to practice, bringing substantial changes and value to the blockchain ecosystem. As the technology matures further and application scenarios continue to expand, we have reason to believe that Succinct Labs will play an increasingly important role in the process of mainstreaming blockchain technology.

Recently, the Bitcoin market trend has attracted attention. From the technical perspective of the 4-hour level, BTC has experienced a certain degree of rebound after the previous decline. However, this rebound momentum does not seem strong, as the upper MA144 and MA169 moving averages are forming a significant resistance, limiting the price's further upward space. In terms of technical indicators, although the MACD indicator shows short-term bullish signs, the overall trend still leans towards bearish. This contradiction in the technical aspect suggests that the market may be at a critical turning point. Considering the current market environment, investors need to remain cautious. If the Bitcoin price encounters resistance in the range of $111,000 to $111,700, it could trigger a new round of falls. In this case, the support levels may appear around $109,000, $107,500, or even $105,000. However, we should also note that the high volatility of the cryptocurrency market means that situations can change at any time. Investors should conduct a comprehensive analysis and judgment that incorporates more market factors, such as the macroeconomic environment, regulatory trends, and the attitudes of institutional investors, before making any trading decisions. In any case, in this market full of uncertainty, risk management is always the primary consideration. Setting reasonable stop-loss levels, controlling position sizes, and maintaining a calm and rational trading mentality are all important strategies for coping with market fluctuations.

Bitcoin (BTC) has recently shown a fluctuating downward trend on the 4-hour chart, forming a cyclical pattern of rebound after a fall and continued decline after the rebound. This behavioral pattern actually reflects an important market trend: BTC is gradually dismantling the previous upward momentum while gradually establishing a downward trend. Currently, the market exhibits characteristics such as fluctuations, a zigzag pattern, and pullback confirmations, all indicating that the ongoing downward process remains relatively restrained and rational. This relatively mild downward pace suggests that market participants have not fallen into a panic state and are maintaining a certain level of calm. From a short-term trading perspective, a rebound may occur overnight, with the expected rebound range between $111,300 and $111,800. This range may become a potential shorting opportunity, with target prices set at $109,800, $108,000, and $107,000. However, investors need to be cautious about this fall trend. Although the market is currently performing relatively stable, the situation can change at any time. Closely monitoring market movements, global economic conditions, and the latest developments in the cryptocurrency industry is crucial for formulating wise investment strategies. In addition, it is worth noting that the volatility of the cryptocurrency market has been high, and the current falling trend may be a short-term phenomenon or may indicate a longer-term market adjustment. Investors should allocate assets reasonably based on their risk tolerance and investment goals, and not place all their hopes on a single market trend.

📍 Famous investor warned: The US is heading towards a 1930s style autocracy.