ChainCatcher news, cryptocurrency research institution 10x Research has released a latest report stating that ETH is currently testing the upper boundary of a large triangle pattern. If the breakout is successful, the price is expected to first reach the 2024 high of $4092 and may further challenge the all-time high of $4812.The institution stated that the prediction of Paul Atkins potentially being appointed as the next SEC chairman seems to be coming true, and it is expected that under his leadership, a more favorable regulatory environment for the cryptocurrency industry will be created.

ChainCatcher news, the Web3 wallet infrastructure platform Triangle has been acquired by the stablecoin payment platform Bridge. As part of the deal, the Triangle team will join Bridge to help build a scalable stablecoin system. The financial details of the transaction have not been disclosed.Previous news, Stripe acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition deal in the crypto space.

ChainCatcher news, according to The Block, Notcoin, 1inch, and the proof protocol Sign supported by Sequoia have collaborated to launch a new startup accelerator for the Telegram and TON crypto ecosystem.The accelerator program, named Triangle, aims to attract developers looking to build on Telegram and TON. The project particularly seeks to support those who want to improve TON UX, develop popular "click-to-earn" mini-programs, and launch "consumer applications that connect Web2 and Web3." Triangle's vision is to enable millions of people to seamlessly and friendly join Web3.