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.
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.
Story Highlights The live price of the Ordi token is . Ordi price could soar to a maximum of $80 by the end of 2024. ORDI price with a potential surge could go as high as $610 by the end of 2030. BRC-20 tokens are reshaping Bitcoin's ecosystem, offering unmatched versatility to its blockchain.
ORDI has made headlines with a significant 20% surge, leaving investors and analysts eagerly speculating about its future trajectory. This dramatic rally, observed on Monday, September 2, 2024, has reignited discussions about ORDI's potential, especially given its unique characteristics and market position.
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.
ORDI, a coin with a similar circulating supply as Bitcoin, presents an interesting opportunity for long-term upside.
With the price of BTC reclaiming the $59,000 mark, the crypto market has recorded a jump of 0.78% in its global valuation. Moreover, Bitcoin-based tokens have followed the footsteps of BTC and recorded a similar price action by breaking out of their resistance levels.
ORDI has secured the top gainer spot, posting double-digit gains despite the prevalent bearish market condition. ORDI (ORDI) is up 17.76% in the past 24 hours securing a position as the top gainer among the leading 100 cryptocurrencies.
ORDI's price registered a notable rise at the beginning of the week as the broader crypto market experienced a slight recovery.
Cryptocurrency Prices Today (September 3): The current market state has ignited considerable investor optimism globally. Bitcoin (BTC) price regained a pumping movement to trade above the $59K level, whereas Ethereum (ETH), Solana (SOL), and XRP gained roughly 3%-5% today.
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.
ORDI (Ordinals) has recently attracted attention with a significant increase in trading activity and a potential shift in its price trend. Despite a recent surge, the question remains: Is ORDI ready for a breakout run to $70?
SEI registered promising gains over the last week, and if the rally continues, it might touch $0.5
ORDI, a cryptocurrency operating on the Bitcoin network within the Ordinals protocol, is one of the top gainers in the market today. This is happening at a time when BTC price is struggling to hold on the $60,000 mark.
Amid the crypto market staggering to reclaim recovering momentum, ORDI price witnesses a 98.17% surge in trading volume to hit $166M. The surge in trading activity over the past 24 hours bolsters the recovery of 15.40%.
Binance has successfully completed the Sei (SEI) EVM integration, allowing users to deposit and withdraw SEI tokens via the EVM network, according to Binance.
On a broadly positive day for cryptocurrency markets, traders turned to altcoins in their search for top crypto performers today, with various names outperforming Bitcoin (BTC) by a decent margin.
SEI is showing signs of recovery from a significant 43% drop in value. This turnaround comes amid a broader market environment that has yet to decisively turn bullish.
Bitcoin (BTC) has surged past the $60,000 mark as markets recovered. The broad-based crypto rally saw other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and XRP, gain around 8% to 10%
SEI price is noting a recovery just as slow as most other tokens are since the market has not turned explicitly bullish yet.
The cryptocurrency markets have recovered over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies rebounding after a bloodbath that saw their prices hit lows not seen in months. The crash in the Japanese stock market triggered panic across the traditional and cryptocurrency markets.
However, BTC was able to recover from this level as buyers propped up the price, eventually making it back above $65,000 to settle just below the 20-day SMA at $65,312.
Sei announces the second round of its $10 million Creator Fund, focusing on creative media and IP development with a $250,000 matching pool.
Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810.
Altcoins SATS, Aave, Monero, and ORDI have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over 4% in the same timeframe.
Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish.
Sei, a fast parallelized EVM blockchain, is now integrated into Dune's analytics platform, offering users enhanced data insights and dashboard creation capabilities.