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Cryptocurrency News Articles
SEI Network Reached New Milestones in TVL, Non-Stop Developer Activity, Integrations, and Deployments
Sep 20, 2024 at 06:03 am
The SEI eco reached new milestones in TVL(in both USD and SEI) alongside non-stop developer activity, integrations, and deployments.
Sei is the fastest Layer 1 blockchain, designed to scale with the industry. It is specialized for the exchange of digital assets. Being the first parallelized EVM, parallelization enables processing multiple things simultaneously (i.e., in parallel).
Sei Features:
- 12,500 Transactions Per Second
- 380MS Time To Finality
- 3B+ Transactions
Recent News:
- The Sei eco reached new milestones in TVL (in both USD and SEI) alongside non-stop developer activity, integrations, and deployments.
- Sei network upgrade V2 has attracted a wave of new users and liquidity, boosting the network's overall TVL significantly.
- SEIUSD performed well in the past two days. Any daily close above $0.50 confirms further bullishness.
- SEIUSD gained more than 30% in the past two days. The pair holds well above the short-term (21 and 55 EMA) and below the long-term moving average. It hit a high of $0.3449 and is currently trading around $0.3353.
The bullish invalidation can happen if the pair closes below $0.10. On the lower side, the near-term support is $0.25. Any break below targets $0.20/$0.10.
The immediate resistance stands at around $0.370. Any breach above confirms bullish continuation. A jump to $0.450/$0.50 is possible. A surge past $0.50 will take it to $0.70.
It is good to buy on dips around $0.25 with SL around $0.20 for TP of $0.45.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Chainlink (LINK) Price Skyrockets 7% as Speculations of a Chainlink ETF Gain Traction
- Sep 20, 2024 at 12:20 pm
- Chainlink (LINK) price has gained momentum following the recent TOKEN2049 event. Moreover, speculations of a Chainlink ETF are gaining traction, especially following the launch of the Grayscale XRP trust.
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- U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
- Sep 20, 2024 at 12:20 pm
- The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.
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- Ethiopia, China Formalize Currency Swap Agreement Targeting Enhanced Trade Flexibility
- Sep 20, 2024 at 12:20 pm
- This significant move, announced by Finance Minister Ahmed Shide, aims to enhance trade flexibility, attract foreign direct investment (FDI), alleviate foreign exchange shortages, and strengthen economic ties between the two nations.
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- Cryptocurrency Whale Cashes Out $3.2M in PEPE, FLOKI, and WLD Holdings, Securing a $200K Profit
- Sep 20, 2024 at 12:20 pm
- The sell-off came after the Federal Reserve's rate cut, with traders reacting to increased market volatility.
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- Aave (AAVE) Price Prediction: AAVE Rally Appears Imminent, But Can It Break Decisive Resistance?
- Sep 20, 2024 at 12:20 pm
- As of press time, Aave [AAVE] achieved a 6.63% rise over the past 24 hours, despite its inconsistent performance over the week. Maintaining this momentum could nullify the week's losses and position AAVE for a higher trajectory than observed in the last two weeks.
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- AERGO Price Jumps 25%: What's After Binance Contract Launch?
- Sep 20, 2024 at 12:20 pm
- Aergo (AERGO) recently made waves as its price surged by 25%, following the announcement of Binance launching USD-margined perpetual contracts for the token.
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- TRON and Kaspa See Big Changes, But BlockDAG Steals the Spotlight With X10 Miner and 30,000x ROI Forecast
- Sep 20, 2024 at 12:20 pm
- TRON (TRX) is currently in a retracement phase, with traders closely watching for signs of a rebound. At the same time, Kaspa (KAS) holders are hoping for a price recovery, as technical indicators suggest the coin may have hit its lowest point. Amid this uncertainty, BlockDAG is stealing the spotlight.
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- Claim $SHIB or Stay Poor: You Decide!
- Sep 20, 2024 at 12:20 pm
- How to be eligibile Shibwifhat Airdrop: Quick Guide
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- Bitcoin Rises Following FOMC Rate Decision
- Sep 20, 2024 at 12:20 pm
- The most recent FOMC meeting set the stage for Bitcoin's price jump of 4.42% to $62,605. The committee, in releasing the first quarter monetary policy statement, decided to reduce interest rates by 50 basis points, which influenced the market positively.