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As the traders remain largely vigilant, the crypto markets rebound in no time following the Fed rate cuts, which surprised the financial markets. Bitcoin price reclaimed the crucial resistance at $62,000 and is approaching the crucial resistance at $62,500, which is considered an important milestone to keep up the bullish trend.
Filament, Sei Network's native derivatives DEX, secures $1.1 million in seed funding led by Lingfeng Innovation Fund to enhance its trading platform.
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
Sei launches the third round of its $10 million Creator Fund with a $250,000 USD matching pool, focusing on educational content, developer tools, and smart contract development.
Sei launches a $50K gaming competition and a $250K Creator Fund Round #4 to support Web3 gaming creators.
Binance is hoping that the temporary suspension will help achieve a smooth transition for Sei.
Binance will support the Sei (SEI) network upgrade starting on September 16, 2024. Deposits and withdrawals will be temporarily suspended.
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According to his latest update on social media, SEI, a layer-one blockchain and competitor to Solana (SOL), is showing promising signs of growth. Additionally, van de Poppe shares his outlook on Bitcoin (BTC) and Ethereum (ETH), shedding light on their potential movements in the coming weeks.
SEI recovery could eye a 35% gain, but only on one condition.
Cryptocurrency prices remained subdued on Wednesday primarily due to renewed concerns over a US economic slowdown and anticipation of key data that could potentially impact the Federal Reserve's decision on interest rates.
Sei (SEI) has recently made headlines with a notable 37.2% increase over the past six days. This impressive rally follows a prolonged period of consolidation, raising questions about the potential for further gains.
The cryptocurrency market has experienced a significant downturn today, with the global market cap shrinking by 2.71% to $2.17 trillion at press time. Among the most affected coins are DOGS, SEI, and POPCAT, each facing its unique set of challenges amid the broader crypto market's decline.
SEI crypto has surged by 37.2% over the past six days, catching the attention of traders and investors alike. This notable increase follows a period of consolidation after a downtrend from March to June.
The funding rate reflected the bullish bias in the market. On the other hand, the spot CVD has been trending downward in the past ten days.
Bitcoin (BTC) saw a significant jump over the weekend, moving above $64,000. The world's largest cryptocurrency shed its recent sluggish price movement due to two positive developments.
Amid SEI's price surge, an analyst has highlighted a potential breakout that could trigger a rally to $1.
The cryptocurrency markets rallied after the release of the FOMC minutes. The July meeting minutes indicated that a rate will happen in September.
SEI has continued to see a price decline. However, the token could rebound, albeit on one condition.
Bitcoin (BTC) briefly reclaimed the $60,000 price level over the weekend but quickly dropped below $59,000. The cryptocurrency is currently trading around the $58,500 price level, having fallen almost 1.50% over the past 24 hours.
Fantom (FTM) and SEI display strong technical signals suggesting that significant price appreciation may be expected. Analysts have pointed to Fantom's Hidden Bullish Divergence, which may pave the way for a 234% bounce back. A target of $3 was set for the breakout.
BTC's drop took the asset's price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%.
SEI has experienced a remarkable uptick in value over the past seven days. According to data from Coin Market Cap, the token has surged by over 20% in the past week alone.
It unlocks a range of powerful new features for decentralized applications (dApps) within its ecosystem. Secret Network's Confidential Computing Layer is renowned for its ability to ensure data privacy and security.
