Following the successful campaign to free Silk Road founder Ross Ulbricht, industry executives have turned their attention to Roger Ver.

Vitalik Buterin joins calls to free crypto advocate Roger Ver

After breaking out of a bullish formation, SEI is attempting to reclaim a 
crucial level to continue its rally. Some analysts suggest that the 
cryptocurrency is preparing for another massive rally toward the $0.50 
resistance. Related Reading: Bitcoin Next Price Discovery Coming? Analyst 
Shares BTC’s 2025 Roadmap SEI Leads Crypto Market As the market recovers from 
the recent pullback, SEI has soared from its local low and broken out of 
crucial levels. Earlier this week, the cryptocurrency pulled a nearly 100% 
rally from its 16% drop. Notably, SEI’s price followed the rest of the market 
last week and retested the $0.15 level, a support not seen since early April. 
Over the weekend, the altcoin recovered the crucial $0.20 area before jumping 
nearly 70% at the start of the week. Since then, the token has been hovering 
between $0.24 and $0.29, attempting to break out of the $0.30 resistance on 
Friday morning. Following this performance, analyst Sjuul from AltCryptoGems 
named SEI the “Bull of the week,” highlighting the cryptocurrency’s “beast 
mode” fueled by “the record on-chain activity of the token that has brought in 
new investors and whales” to the network after the breakout. Notably, the 
cryptocurrency is leading the top 100 cryptocurrencies list with a 43% weekly 
surge, surpassing the performance of market leaders Bitcoin (BTC) and Ethereum 
(ETH). Crypto Raven noted that SEI “has done a great job of breaking out as 
the market is looking very fresh right now,” suggesting the cryptocurrency 
could rally another 70%. Per the post, “if the market supports a bit more, we 
can very well reach $.5 from here. Back to the glory days of SEI.” 
Nonetheless, the market watcher considers that the altcoin could consolidate 
around the current area for a short period before continuing its rally toward 
the Q4 2024 levels. $0.28 Reclaim Needed For Bullish Continuation Analyst 
Nebraskangooner highlighted a four-month inverse Head and Shoulders (H&amp;S) 
pattern on SEI’s chart, noting that it was confirmed after this week’s 
breakout. The cryptocurrency broke out of the formation’s neckline after 
Wednesday’s price action, pointing out that “anything down to key support 
would be a solid retest spot.” After the retracement to the $0.27 area, the 
cryptocurrency retested the neckline, which SEI must hold for bullish 
continuation. Notably, SEI’s price has held this level despite closing around 
the $0.25 mark on Thursday. Similarly, Michaël van de Poppe affirmed that SEI 
will likely continue to rally as a “massive” bullish divergence on its trading 
pair against Bitcoin suggests that the cryptocurrency’s price is reversing. 
Based on this, the analyst forecasted that investors could “see 300+ sats 
soon.” Related Reading: Solana Price At ‘A Very Delicate Level’ – Analyst Says 
$148 Reclaim Is Key Meanwhile, market watcher The Wyckoff Architect shared a 
Low Time Frame (LTF) analysis on SEI’s price action. To the analyst, a reclaim 
of the Fair Value Gap (FVG) at $0.285 will confirm bullish continuation, with 
the cryptocurrency consolidating before breaking out. On the contrary, failing 
to reclaim and hold this area would trigger a bear scenario and risk a drop to 
a new local low. As of this writing, SEI is trading at $0.28, a 12% increase 
in the daily timeframe. Featured Image from Unsplash.com, Chart from 
TradingView.com

SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

New York City is charging ahead to become the global crypto capital, backed by 
the mayor’s aggressive push to scrap stifling rules and embed blockchain 
citywide. ‘A Legacy to Leave’: NYC Mayor Pushes to Crown City as Global Crypto 
Capital A growing commitment to blockchain and digital assets is reshaping how 
New York City envisions […]

NYC Mayor Doubles Down on Crypto With Call to Kill Bitlicense

Bitcoin is treading cautiously below the $110,000 level, signaling a pause in 
momentum after recent highs. At the time of writing, the asset is priced at 
$106,841, marking a mild 0.4% decline over the past 24 hours. Despite brushing 
a daily high of $107,884, BTC appears to be consolidating in a narrow range, 
with market participants watching for the next significant move. Amid this 
relatively flat price action, on-chain trends suggest that not all is quiet 
under the surface. A new analysis by CryptoQuant contributor “oinonen” sheds 
light on wallet activity within Binance, one of the largest crypto exchanges 
by trading volume. Related Reading: Bitcoin Retests $108,000, But Holders 
Disagree On Direction Bitcoin Mid-Tier Investors Take Center Stage on Binance 
Oinonen&#8217;s findings point to a sharp increase in whale-level participation, as 
well as a notable contribution from mid-tier investors, which could have 
implications for broader market behavior. Citing CryptoQuant’s on-chain 
metrics, the analyst revealed that Binance’s inflow data shows that wallets 
depositing between 10 and 100 BTC now account for 40% of all Bitcoin inflows. 
These wallet sizes typically belong to high-net-worth individuals, trading 
firms, or mid-sized institutions—those who sit between retail traders and 
deep-pocketed whales. In contrast, whale-level inflows (100–1,000 BTC) 
currently represent 20% of the total, highlighting that mid-tier players may 
be driving more exchange activity than larger whales at this time. 
Interestingly, whale activity still made a major appearance recently. On June 
16, inflows of 10,000 BTC surged and made up 83% of total exchange inflows on 
Binance that day, reinforcing earlier observations from Oinonen about 
increased whale presence over the past year. According to CryptoQuant’s whale 
ratio metric, that presence has reportedly jumped by as much as 400% since 
mid-2023. Binance Deposit Data Points to Rising Institutional Interest Beyond 
just inflow ratios, Binance’s overall deposit metrics suggest a growing trend 
of larger average deposits. The average Bitcoin deposit rose from 0.36 BTC in 
2023 to 1.65 BTC in 2024. The exchange processed $21.6 billion in user fund 
deposits in 2024, roughly 40% more than the combined totals of the next ten 
crypto exchanges. Despite the growing institutional footprint, the significant 
portion of deposits in the 10–100 BTC range shows that mid-level market 
participants remain active contributors to the trading ecosystem. Related 
Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer This data 
may reflect a broader shift in how BTC is being accumulated and moved, where 
influence is shared between whales and mid-sized investors. While whale flows 
often generate headlines, the consistent presence of mid-tier wallets can 
signal healthier market participation and a more distributed form of liquidity 
provision across the board. With Bitcoin still consolidating near key price 
levels, these on-chain trends could help shape its next breakout, whenever it 
comes. Featured image created with DALL-E. Chart from TradingView

You Won’t Believe Who’s Moving Millions in Bitcoin on Binance Right Now

Gemini says Strategy (MSTR) is its only tokenized stock for now, with more 
tokenized stocks and ETFs launching in &#8220;the coming days.&#8221;

Gemini launches tokenized Michael Saylor's Strategy stock for EU investors

Federal crypto reform is locked in for summer, with July, August, and 
September deadlines set to finalize rules and define SEC-CFTC boundaries for 
digital assets. White House Crypto Czar Confirms Timeline for Sweeping Digital 
Asset Reform U.S. lawmakers are rapidly aligning on long-awaited digital asset 
regulation, setting the stage for crypto markets and stablecoins to […]