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Sei price may crash 22% and then rebound

Sei price continued its strong downtrend today, June 17, as the ongoing crypto crash accelerated. Sei (SEI) token dropped to $0.1660, its lowest level since April 17, and is now down more than 40% from its May high. From its November 2023 peak, the token has plunged by over 77%. Despite the bearish price action,…

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Fairmint calls on SEC to adopt blockchain framework for private equity markets

Onchain securities platform Fairmint has urged the United States Securities and Exchange Commission to adopt a blockchain-powered regulatory framework to modernize private equity markets. On June 16, Fairmint, which operates as an SEC-registered transfer agent and develops infrastructure for compliant onchain securities, submitted a comprehensive seven-point policy proposal to the SEC’s Crypto Task Force, outlining…

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Here’s why AltLayer crypto is up 35% today

AltLayer’s native token, ALT, recorded a sharp rally on Monday, June 16, forming a notable breakout candle ahead of its listing on South Korea’s leading exchange, Upbit. According to data from crypto.news, AltLayer (ALT) surged by 104% intraday, reaching a high of $0.051 before retracing to $0.033 at press time. Despite the pullback, ALT remained…

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