Microsoft’s Big Move Sends SXT Crypto Soaring Over 35%—Will It Ever Come Back Down?

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Well, well, well—look who’s feeling a little extra sprightly today! SXT crypto has surged by a hearty 37%, hitting a fabulous $0.146, all thanks to none other than Microsoft deciding to sprinkle a little blockchain magic into its analytics platform. 🪄✨

The sudden rally comes on the back of Microsoft’s announcement that they’re adding Space and Time’s blockchain data to their Fabric analytics platform. Now, don’t worry if you’re not entirely sure what that means; you’re not alone. It’s all part of their grand plan to integrate real-time blockchain data feeds into Microsoft Fabric—an initiative with Space and Time Labs, which, by the way, was previously funded by Microsoft’s very own venture arm. Oh, the irony.

In case you’ve been living under a rock, let’s break it down. Space and Time is a decentralized data platform. Now, Microsoft, in their infinite wisdom, is giving their users access to verifiable data from Bitcoin, Ethereum, and Sui blockchains via Azure OneLake—basically their glorified version of OneDrive, but for data. 📂💾

For those still a little lost (and I don’t blame you), Microsoft Fabric is a snazzy end-to-end analytics platform that pulls together tools like Azure Data Factory, Synapse Analytics, and Power BI. And now, thanks to this groundbreaking partnership, enterprise users can seamlessly plug in tamper-proof blockchain data straight into their analytics, smart contracts, dashboards, and even their precious AI models. 💻🤖

All of this is made possible by Space and Time’s not-so-humble “Proof of SQL” technology, which uses zero-knowledge (ZK) proofs to validate SQL database queries in a way that’s efficient and secure. Sounds fancy, doesn’t it? It’s essentially making sure no one can mess with the data, so you can trust every number in your reports. 📊📈

Nate Holiday, CEO of Space and Time Labs, couldn’t be more thrilled about this development, which, frankly, feels like he’s just been handed the keys to a new shiny toy. He said:

“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric. This integration enables a wealth of new data-driven use cases across financial services, Web3 apps, and AI.”
(Nate, we get it. You’re thrilled.)

And just a week after launching their public, permissionless mainnet, Space and Time has certainly got some momentum. They operate on a decentralized network of database validators and boast sub-second query speeds through their ZK-powered SQL coprocessor. Try saying that three times fast. 😜

Developed by MakeInfinite Labs and heavily backed by Microsoft’s M12 venture arm, Space and Time has raised a cool $50 million—starting with a strategic funding round led by M12 back in 2022, followed by a $20 million Series A round. Big numbers, big promises. 🚀💰

SXT Price Analysis

On the four-hour chart, SXT has been holding strong above the $0.12 support level and is now eyeing up the $0.15 psychological resistance—don’t let it get too cocky, though.

The Aroon Up indicator is sitting pretty at 92.86%, while the Aroon Down is lazily resting at 21.43%. This suggests that the uptrend is still going strong, though who knows for how long. Meanwhile, the Chaikin Money Flow is at 0.14, indicating steady buying pressure. Hold onto your hats, folks. 🧢

Not to be left out, the Relative Strength Index has cooled off to around 62 after flirting with the overbought territory. This means there’s still room for the price to rise further—until, of course, it runs out of steam. 🚂💨

The next big target for SXT seems to be its all-time high of $0.1621, and if the bullish momentum continues (don’t jinx it!), we could see it break into uncharted territory. Fingers crossed! 🤞

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2025-05-21 10:40