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Bitcoin price declines, Infinity Ground secures funding, Sui Network integrates RedStone, and other Web3 news

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  • Bitcoin’s price has sharply declined due to short-term holders and high-frequency traders, with a record outflow of $937.9 million from Bitcoin ETFs led by Fidelity and BlackRock, while institutions show caution amid market volatility. (📰substack.com)
  • Infinity Ground, a web3 platform integrating AI and blockchain technology, has secured $2 million in seed funding to develop AI-driven decentralized applications and enhance multi-chain interoperability. (📰PlayToEarn)
  • Sui Network has integrated RedStone, a cross-chain data oracle, to provide real-time price data for Bitcoin and improve its decentralized finance ecosystem, enhancing services like lending and staking. (📰egamers.io)
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