So, what’s the deal? More DeFi, NFT, and gaming dApps are hopping on the Sei train, and it’s not just some wild speculation. Nope, folks, it’s real demand for a scalable, cost-efficient platform for traders. As more devs join the party and retail participation picks up, SEI’s token value could follow suit. Hold onto your hats, folks, because this train’s only picking up speed. 💨
In the blink of an eye, trading support for ENA will kick off at 17:00 KST on the 11th of July, with folks able to deposit faster than a cat on a hot tin roof right after the news broke. 😸✨
“No MiCA license in Malta is at risk of revocation or re-evaluation as a result of the peer review outcomes,” a spokesperson for the MFSA told CryptoMoon, adding that the authority has already started addressing the issues identified in the review.
Ah, the human condition—an endless play of regret. Some among us lament missed chances to acquire Bitcoin when it dipped, oh so briefly, below the sacred mark of $100,000. Yet, here steps forth CZ, clad in the armor of optimism, proclaiming that this fleeting moment, this price surge, ought to be embraced as a chance rather than a calamity. Yes, dear reader, he suggests that what seems like a lofty price today is merely an invitation to partake in the feast before the next great high unveils itself.
According to the chroniclers of crypto.news, SEI surged over 26% on the 11th of July, reaching a six-month high of $0.33, before settling at the more modest, yet still impressive, $0.32. This token, which was languishing in the shadows just a month ago, has now risen by approximately 113% from its lowest point. Its market capitalization, now standing at $1.78 billion, has elevated it to the 70th largest digital asset, a position that, while not the pinnacle, is certainly a step in the right direction. The daily trading volume, too, has seen a dramatic increase, jumping by over 200%, a clear sign that the market has taken notice and is eager to participate in this burgeoning narrative.
Social media, that relentless harbinger of all things shiny, saw its Dogecoin buzz skyrocket by 990% week-over-week! Oh, how the digital chatter dances like dandelion seeds upon the zephyrs of optimism, hinting at brighter days ahead for our beloved canine currency and its motley altcoin companions.
As of June 30, Strategy held 597,000 BTC, acquired for $42.4 billion. While the unrealized gain exceeds $22 billion, the firm has paused BTC accumulation for the first time since early 2024, signaling a possible shift in strategy or financial tightening.
In a tale of deception and guile, Darktrace researchers have detailed an elaborate campaign in which scammers impersonate AI, gaming, and Web3 startups, preying upon the trusting nature of their victims 🤥. The scheme relies on verified and compromised X accounts, as well as project documentation hosted on legitimate platforms, to create an illusion of legitimacy 📊.
Now, traders are getting all giddy, but they should keep their wits about them. It’s a volatile game, and you don’t wanna get caught with your pants down 😳.
As our wise friend Avocado Onchain so eloquently put forth in his analysis on June 11, there are several indicators to suggest that this current surge is not the overindulgent, fevered rush one might expect. The MVRV ratio, for instance, compares Bitcoin’s market value to its realized value, and stands at a modest 2.2. Quite a departure from the chaotic highs of 2.7 that we observed during the March and December 2024 highs—those were truly times to be wary, I assure you. How delightfully sensible of it to remain so calm!
