Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token's price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.
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.
dYdX's move into prediction markets could significantly boost DeFi's appeal and market share by offering unique, leveraged trading opportunities. The post dYdX prepares to bring perpetual futures to prediction markets appeared first on Crypto Briefing.
dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d'Haussy emphasizes the need for distinct features in DeFi.
Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said.
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.
dYdX has announced the integration of the Keplr Wallet, allowing over 1 million users to access its decentralized trading platform across more than 130 markets. This collaboration between dYdX Chain and Keplr simplifies the onboarding process, letting users connect their wallets and start trading in just three clicks.
Keplr's integration with dYdX will allow Keplr users to interact directly with dYdX's decentralized trading platform while retaining full control of their assets.
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.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
Amid SEI's price surge, an analyst has highlighted a potential breakout that could trigger a rally to $1.
Astar Network announces Phase 1 of its evolution, transitioning Astar zkEVM to Soneium L2, a collaboration with Sony Group and Startale.
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.
dYdX has embarked on a recovery push amid growth in buying pressure, but a cluster of sell orders threatens its potential for further rise.
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.
Despite the top names like Bitcoin and Ethereum struggling for a bounce back, the altcoins are back in action. Amid the top performers, the DyDx price trend teases a breakout run for a high-momentum bull run worthy of igniting FOMO among traders.
The cryptocurrency landscape is proving to be a mixed bag. While some digital assets are experiencing bullish momentum, others like DYDX are enduring significant price setbacks.
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.
Amidst the increasing broader market volatility, altcoins maintain a polarizing approach. While some ride the bullish highway, altcoins like DYDX have witnessed a massive price drop over the weeks. As the downtrend continues, the following support levels are potential buying spots to capture the bottom.
The integration enhances user access to secure, efficient staking, bolstering participation in the blockchain ecosystem and expanding market reach. The post P2P.org integrates with Leap Wallet, enables users to stake DYDX and TIA appeared first on Crypto Briefing.
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%.
Decentralized finance platform dYdX has announced major updates coming this fall, marking the platform's most significant upgrade since its inception.
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.
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch.
TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue.
dYdX announces updates to its chain, including a master liquidity pool that will provide liquidity for all markets across its network.
Decentralized Finance (DeFi) protocol dYdX has announced a major upgrade coming to its Chain. The launch is scheduled for later this autumn and will bring a suite of new features to the protocol.
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.
The dYdX Chain update adds permissionless market listing and MegaVault for better liquidity.
Decentralized exchange dYdX ($DYDX) will release a significant upgrade this autumn, introducing features like permissionless market listing, MegaVault, and permissioned keys.
dYdX chain plans to allow users to list a wide range of token markets without asking for governance approval.
dYdX announces the fall release of dYdX Unlimited, introducing permissionless market listing, MegaVault, an affiliates program, and more.
SEI registered promising gains over the last week, and if the rally continues, it might touch $0.5
Binance has successfully completed the Sei (SEI) EVM integration, allowing users to deposit and withdraw SEI tokens via the EVM network, according to Binance.