Web3 gaming studio Drift Zone secured a $190,000 grant from the Sei network to integrate its ecosystem on the blockchain.
Sei Labs and the Sei Foundation launch the Sei Research Initiative to address Ethereum Virtual Machine limitations, enhancing scalability and decentralization.
It's adding support for the Sei Network, so users will soon be able to buy, sell, and trade all their favorite Sei NFTs in one place. Magic Eden is like a big online store for NFTs.
A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.
Latest updates on the SEI, ONDO, and CETUS coins.
VanEck launches a Solana Pyth ETN in Europe, offering exposure to PYTH token via Euronext, enhancing access to oracle network assets. The post VanEck launches Pyth ETN in Europe appeared first on Crypto Briefing.
VanEck has launched its latest Exchange Traded Note, the VanEck Pyth ETN.
Asset manager VanEck has launched a new ETN based on PYTH, specifically for European buyers. The Pyth network, a decentralized oracle protocol, has earned praise from VanEck for its potential to transform the DeFi landscape.
VanEck asset management company has launched a new PYTH ETN product, extending its European offerings with a focus on the Solana-backed Pyth Network. This new product, listed on Euronext Amsterdam and Euronext Paris, aims to provide investors across 15 European countries with exposure to PYTH without requiring direct cryptocurrency holdings.
TL;DR VanEck launches the Pyth ETN on Euronext Amsterdam and Euronext Paris. The Pyth Network acts as a decentralized oracle, providing external data to smart contracts. The ETN is available in several European countries, including Germany, France and Spain.
The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
VanEck introduced a new ETN linked to the PYTH token, allowing investors in 15 European countries to indirectly invest in PYTH.
This new Exchange-Traded Note (ETN) lets investors invest in the performance of PYTH. They don't need to buy or store it directly.
Sei Network's token was trading at approximately $0.396, marking an impressive increase of 8.33% within a short time frame. This rise has brought the cryptocurrency closer to a crucial resistance level at $0.40, with analysts closely monitoring this point as a potential catalyst for further upward movement.
A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI).
Pyth Network's momentum showcases its potential to challenge established Oracle providers significantly.
Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.
Pyth Network's pull-based model has driven high transaction volumes, intensifying the Oracle's competition with Chainlink.
Sei Network's DeFi integration has fueled its latest price surge, with technicals hinting at sustained growth.
Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.
The Sei Creator Fund has concluded two rounds, supporting 270 projects in the developer and gaming sectors with a $500,000 SEI pool, enhancing ecosystem development and Sybil detection.
Orderly Network, a Web3 liquidity provider, has announced its expansion into Sei, the first parallelized Ethereum Virtual Machine (EVM) blockchain, as detailed out to Finbold on Monday, October 28.
The popular tokens SUI & SEI have gained immense attention after they demonstrated monstrous moves in the past few weeks. Besides, they managed to attract huge volumes that kept up the bullish momentum of both tokens.
Pyth Network, a top oracle network, has expanded its reach within the decentralized finance market with a new feature dubbed Redemption Rate Feeds. Announced on Oct.
As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.
As the Bitcoin price stabilizes above the $66,000 mark, the altcoins are making a comeback. The market, excluding Bitcoin and Ethereum, has reclaimed the $600 billion mark and has increased by 7.19% from its 7-day low at $574.81 billion.
Cryptocurrency prices bounced back this week, with Bitcoin surging to over $67,000, and the crypto fear and greed index approaching the greed area of 60. Bitcoin is approaching the important resistance point at $70,000, raising the possibility that it will retest the all-time high of $73,800.
In just three months, it has become the layer-1 (L1) chain with the highest percentage of daily active wallet growth. This means more people are using Sei every day compared to other big names like Sui Network, Ethereum, and Solana.
In the last 24 hours, SUI prices have increased by 3.54%, resulting in a 7.74% jump in the past 24 hours. With a market cap of $1.23 billion, PYTH ranks as the 62nd biggest cryptocurrency in the market. Despite moving at a 70.48% discount from its all-time high level of $1.
TL;DR High-Performance Blockchain: Sei (SEI) is designed for rapid transaction processing and robust security, making it ideal for high-frequency trading and institutional trust. Diverse Price Predictions: SEI's price forecasts from 2024 to 2030 vary widely, with both optimistic and conservative outlooks.
Sei (SEI) has emerged as a trailblazer in the cryptocurrency realm, known as the first sector-specific Layer 1 blockchain. Its unique design aims to optimize decentralized exchanges (DEXes), enhancing trading processes for better performance in the competitive crypto landscape.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Recognized as the first sector-specific Layer 1 (L1) blockchain, Sei represents a pioneering approach within the blockchain ecosystem. It is specifically designed to enhance the functionality and performance of Decentralized exchanges (DEXes) within the ecosystem. Moreover, it focuses on optimizing trading processes, hence offering exchanges a significant competitive edge.
The cryptocurrency market has recorded a strong bullish recovery over the past weekend. Moreover, with the BTC price hovering close to the $63k mark, top altcoins have regained momentum. Further, the Solana price is on the verge of reclaiming the $150 mark.
A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout.
With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.
Latest updates on HBAR, SEI, and CELO coins.
Ethereum's most feared cryptocurrency, Solana ($SOL), is facing stiff competition from new scaleable Layer 1s that are growing in price at a much quicker rate.
SEI's surge in TVL and volume along with price indicates strong bullish momentum and further gains.
Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.
Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.
Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.
Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.
Oracle platform Pyth Network now supports Mother Iggy, bringing real-time price feeds to more than 75 blockchains. Pyth Network (PYTH) announced this on Sept.
Bitgert, Floki Inu, and SEI are potential leaders of the 2024 bull market. While there are many choices, Bitgert (BRISE), Floki Inu (FLOKI), and SEI Networks (SEI) stand out as projects with exceptional quality that give the options of announcements and growth that they have.
With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space. Following this, investors are raising speculations about a potential AltSeason.