According to @lookonchain, the SEI token's recent 50% price increase is a "multifactor rally" driven by strong fundamentals and organic on-chain activity. Analysts at B2BINPAY highlight three main catalysts: Wyoming's selection of Sei as a settlement layer for its stablecoin pilot program, an upcoming v2 airdrop snapshot, and a 9% staking APY increase from core validators. Trading data indicates the rally is spot-led, with over $3 million in inflows to centralized exchanges, while perpetual swap open interest grew only 9% with steady funding rates. This suggests genuine buying interest over leveraged speculation. Additionally, DeFiLlama data shows Sei's Total Value Locked (TVL) has climbed above $540 million, and its DEX volumes surpassed $60 million for the first time. Traders should monitor for rising funding rates (above +0.05%), which could signal excessive leverage, but B2BINPAY notes the current momentum could extend into July.

According to @lookonchain, the SEI token has surged over 50% in one week, driven by what analysts call a "multifactor rally." The key drivers identified include SEI's selection by Wyoming for its stablecoin pilot program, which provides institutional credibility, an upcoming v2 airdrop snapshot, and a 9% increase in staking APY from core validators. On-chain analysis supports the rally's strength, showing over $3 million in spot-led inflows to centralized exchanges and a Total Value Locked (TVL) on the network surpassing $540 million. For traders, a critical indicator to watch is the funding rate; if it climbs above +0.05%, it could signal that excessive leverage is entering the market, potentially making bullish positions overextended.

According to @lookonchain, Bitcoin (BTC) is showing resilience after briefly topping $108,000, with several bullish catalysts supporting the market. A significant development cited is the head of the U.S. Federal Housing Finance Agency ordering Fannie Mae and Freddie Mac to prepare for counting cryptocurrency as a mortgage asset. This potential integration into the U.S. housing market, combined with 12 consecutive days of net inflows into spot BTC ETFs totaling $548 million on the most recent day, provides strong underlying support. However, FxPro analyst Alex Kuptsikevich warns that the total crypto market cap is approaching a critical resistance range of $3.40–$3.55 trillion, which has previously triggered sell-offs. In altcoins, SEI has surged 50% in a week, driven by what analysts call a "clean, multi-factor rally" including its selection as a settlement layer for Wyoming's state-backed dollar pilot and strong spot-led buying.

According to @lookonchain, Bitcoin (BTC) has pulled back slightly after touching $108,000, but bullish sentiment remains strong, supported by significant institutional adoption signals. A key development is the Federal Housing Finance Agency directing Fannie Mae and Freddie Mac to consider cryptocurrency holdings for mortgage applications, a move that could deeply integrate crypto into the U.S. housing market, as stated by director Bill Pulte. FxPro analyst Alex Kuptsikevich notes that the total crypto market cap has reached $3.31 trillion, nearing a key volatility threshold, while the Fear and Greed Index is at 74, just below "extreme greed." Trading data shows continued strength, with spot BTC ETFs marking 12 consecutive days of net inflows, adding $548 million recently, according to Farside Investors. Furthermore, Japanese firm Metaplanet has increased its holdings by purchasing another 1,234 BTC. On the technical front, the BTC/BCH pair on Binance is showing a potential golden cross formation, a long-term bullish indicator.

According to @lookonchain, Bhutan is integrating Binance Pay to establish a national cryptocurrency payments system aimed at boosting its high-value tourism sector. A tourism representative confirmed that Binance Pay addresses payment friction for international visitors, with tourists already using crypto for local purchases. Binance CEO Richard Teng described the initiative as the "first national crypto payments system," noting that crypto tourists spend nearly three times more than regular tourists, averaging $1,000 per visit, and merchants benefit from instant settlements. The system has already onboarded over 1,000 merchants who can leverage zero transaction fees. DK Bank, a key player in Bhutan's early bitcoin mining operations, is now spearheading this adoption drive, stating that crypto payments are a natural fit with the country's high mobile and QR payment penetration. This real-world adoption by a sovereign nation could serve as a model for others, potentially increasing the utility and value proposition of platforms like Binance and their associated digital assets.

According to @lookonchain, Bhutan is strategically integrating Binance Pay to enhance its tourism sector by targeting high-value crypto travelers. Officials report that over 1,000 merchants have adopted the platform, which solves payment issues for international visitors and offers zero fees with instant settlements. Binance CEO Richard Teng highlighted this as a move from speculation to infrastructure, noting that the average crypto tourist spends around $1,000, nearly triple that of a regular tourist. With local partners like DK Bank spearheading adoption, Bhutan is positioning cryptocurrency as a core industry for economic growth, providing a significant real-world use case for crypto payment systems and potentially boosting the utility of the broader Binance ecosystem.

According to @lookonchain, Michael Saylor's firm MicroStrategy (MSTR) has expanded its Bitcoin (BTC) portfolio by acquiring an additional 4,980 BTC for $531.9 million. This latest purchase elevates MicroStrategy's total holdings to 597,235 BTC, acquired at a total cost of $42.4 billion, which translates to an average price of $70,982 per coin, according to the source. The acquisition was funded through the sale of company shares. This continued accumulation by a major public company is a significant bullish indicator for traders, reinforcing institutional confidence in Bitcoin. The company's stock (MSTR) saw a 1.3% increase in premarket trading following the announcement.

According to @lookonchain, Michael Saylor's company, Strategy (MSTR), has increased its Bitcoin holdings by purchasing an additional 4,980 BTC for $531.9 million last week. This latest acquisition brings the company's total reserves to 597,235 BTC, acquired at an aggregate cost of $42.4 billion, reflecting an average price of $70,982 per coin, as stated in the report. The source notes that the purchase was funded through the sale of approximately $519 million in common shares and $59 million in preferred stock. Following the news, MSTR shares saw a 1.3% increase in premarket trading, indicating a positive market reaction to the continued accumulation strategy.

According to @lookonchain, Ethereum (ETH) is exhibiting a significant divergence between large and small holders as it holds the $2,500 support level. Data from crypto analytics platform Santiment reveals that wallets holding between 1,000 and 100,000 ETH, known as 'whales and sharks', have accumulated a net total of 1.49 million ETH in the last 30 days. This accumulation increased their combined holdings by 3.72%, and they now control 26.98% of the total ETH supply. This buying activity contrasts with smaller, retail-driven wallets that have been taking profits. From a trading perspective, this strong accumulation provides a potential price floor. However, institutional demand has shown signs of slowing, as U.S. spot Ethereum ETFs recorded $2.2 million in net outflows, ending a 19-day inflow streak, according to data from Farside Investors. Traders are watching the $2,500 support level closely, as sustained buying from whales could counteract the recent pause in ETF inflows.

According to @lookonchain, large Ethereum holders are showing strong conviction despite market fluctuations. On-chain data from analytics platform Santiment reveals that wallets holding between 1,000 and 100,000 ETH, referred to as whales and sharks, have accumulated a net total of 1.49 million ETH over the past 30 days. This accumulation represents a 3.72% increase in their holdings, bringing their total control to 26.98% of the entire ETH supply, as per Santiment. This trend contrasts with smaller, retail-driven wallets that have been taking profits. While institutional demand via U.S. spot Ethereum ETFs showed a slight pause, with $2.2 million in net outflows ending a 19-day inflow streak according to Farside Investors, the persistent buying from large wallets is providing a significant support floor for ETH's price, helping it hold above the key $2,500 level.

According to @lookonchain, Ark Invest's latest trading activity shows a strategic shift, with the firm selling 415,855 Circle shares for $109.6 million while acquiring 4,198 Coinbase (COIN) shares worth $1.3 million and 319,640 Robinhood (HOOD) shares valued at $24.4 million. Concurrently, Ethereum (ETH) is exhibiting strong bullish momentum, outperforming Bitcoin (BTC) and trading near $2,500. This price action is supported by fundamental developments, particularly the integration of Distributed Validator Technology (DVT) by major staking protocols like Lido and institutional infrastructure providers like Blockdaemon. Anthony Bertolino of Obol Labs notes that DVT makes Ethereum staking "enterprise-grade," a key requirement for institutional capital, fueling analyst predictions of a potential move toward $3,000 for ETH. In contrast, 10x Research suggests Coinbase (COIN) is nearing overvaluation after an 84% surge and recommends a short COIN, long BTC pairs trade.

According to @lookonchain, Cathie Wood's ARK Invest is continuing to take profits on its Circle (CRCL) position, selling another $51.8 million worth of the USDC stablecoin issuer's stock as it continues to rally. The source states that ARK sold a total of 342,658 CRCL shares across its ETFs. This move follows Circle's stock price climbing nearly fivefold from its $31 IPO price since listing in early June. Concurrently, ARK Invest is reallocating capital into other crypto-linked equities, purchasing 4,198 shares of Coinbase (COIN) for approximately $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, signaling a strategic portfolio adjustment within the digital asset space.

According to @lookonchain, Cathie Wood's ARK Invest is actively taking profits on its Circle (CRCL) position following the stock's massive rally since its IPO. The investment firm sold over $161 million in CRCL shares across two recent periods, including a $51.8 million sale of 342,658 shares and another sale of 415,855 shares valued at $109.6 million. The source notes that Circle's stock has surged nearly 7.5 times from its IPO price of $31. Concurrently, ARK Invest is reallocating capital into other crypto-exposed companies, purchasing 4,198 shares of Coinbase (COIN) for $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, signaling a strategic rotation within the digital asset equity space.

According to @lookonchain, publicly-listed SharpLink Gaming (SBET) has significantly increased its corporate treasury by purchasing an additional 12,207 ETH for approximately $30.7 million. The source states the acquisition occurred between June 16 and June 20 at an average price of $2,513 per coin, bringing the company's total holdings to 188,478 ETH. This move, funded by a $27.7 million share offering, solidifies SharpLink's position as the largest publicly traded holder of Ethereum globally. In a contrasting institutional move, Cathie Wood’s ARK Invest took profits by selling $51.8 million worth of Circle (CRCL) shares as the stock continued its rally. The source notes this is part of a broader strategy, as ARK has also recently trimmed positions in other crypto-linked stocks like Coinbase (COIN) and Robinhood (HOOD). Current data shows ETH trading around $2,472, slightly below SharpLink's recent average purchase price.

According to @lookonchain, Cathie Wood's ARK Invest is continuing to take profits on its Circle (CRCL) position, selling approximately $51.8 million worth of the stock on Monday. The source states that ARK offloaded a total of 342,658 CRCL shares across three of its ETFs as the stablecoin issuer's stock continued its rally, closing at $151.06 after gaining nearly fivefold since its IPO. Concurrently, ARK Invest reallocated capital into other crypto-exposed companies, purchasing 4,198 shares of Coinbase (COIN) for $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, as reported by the source. This strategic portfolio rebalancing suggests ARK is capitalizing on Circle's significant gains while increasing its stake in other key players within the digital asset ecosystem.

According to @lookonchain, digital asset market maker Wintermute has secured a Bitcoin (BTC)-backed credit line from investment bank Cantor Fitzgerald, a move following similar deals with Maple Finance and FalconX. Wintermute CEO Evgeny Gaevoy stated the facility enhances their ability to hedge risks and manage capital for capital-intensive operations like OTC trading. This development coincides with broader institutional adoption, as Federal Housing Finance Agency Director Bill Pulte ordered Fannie Mae and Freddie Mac to prepare for including cryptocurrency in mortgage criteria. This bullish sentiment is reflected in Bitcoin's (BTC) price, which surpassed $108,000, and spot BTC ETFs recording 12 consecutive days of net inflows, as per Farside Investors data. In altcoin markets, the SEI token surged 50% in a week, driven by what analysts call a "clean, multi-factor rally" including its selection as a settlement layer for Wyoming's state-backed stablecoin and a total value locked (TVL) crossing $540 million, according to DeFiLlama. Traders should also note upcoming token unlocks, including Optimism (OP) and Sui (SUI).

According to @lookonchain, Bitcoin (BTC) is demonstrating resilience, trading between $105,000 and $108,000 despite escalating geopolitical tensions involving Iran, a stability attributed to strong institutional demand by analysts at QCP Capital. This institutional interest is evidenced by significant corporate acquisitions, with Strategy adding over 10,000 BTC and The Blockchain Group purchasing 182 BTC, as cited in the report. A major catalyst for adoption is the directive from Federal Housing Finance Agency director Bill Pulte for Fannie Mae and Freddie Mac to prepare to count cryptocurrency as a mortgage asset. Furthermore, the market has interpreted the U.S. Senate's approval of the GENIUS Act for stablecoins as a structural victory for the crypto industry. While derivatives markets show caution with barely positive perpetual funding rates, spot BTC ETFs recorded 12 straight days of net inflows, with one day reaching $547.7 million, according to Farside Investors. On the technical front, Chainlink's LINK token has confirmed renewed bearish momentum by dropping below the Ichimoku cloud, with immediate support identified at the $12.6 level.

According to @lookonchain, MicroStrategy (MSTR), the largest publicly-listed corporate holder of Bitcoin, has acquired an additional 245 BTC for $26 million. This purchase increases the company's total Bitcoin holdings to 592,345 BTC, valued at approximately $60 billion based on a price of around $101,000 per BTC as cited in the report. The average purchase price for MicroStrategy's entire Bitcoin position is now $70,681. The source states these acquisitions were funded through proceeds from its at-the-market (ATM) equity offering. Despite this continued accumulation, MSTR shares experienced a 2.1% decline in premarket trading. Meanwhile, the price of Bitcoin (BTC) is trading around $108,307, showing relative strength.

According to @lookonchain, MicroStrategy (MSTR), the largest publicly listed corporate holder of Bitcoin, has acquired an additional 245 BTC for $26 million. This latest purchase elevates the company's total Bitcoin holdings to 592,345 BTC, which are valued at nearly $60 billion. The source states that the average purchase price for the company's entire BTC position is now $70,681. The acquisition was financed using proceeds from its at-the-market (ATM) equity offering program. From a trading perspective, despite the continued accumulation, MSTR shares were down 2.1% in premarket trading as Bitcoin's price reacted to recent geopolitical news.

According to @lookonchain, a sharp downturn in the crypto market triggered over $1.15 billion in liquidations, predominantly affecting bullish leveraged positions. The market volatility led to one of the largest single liquidations of the year, a $200 million Bitcoin (BTC) long position on Binance, as cited in the report. In a specific case on the decentralized exchange HyperLiquid, a trader known as AguilaTrades experienced a dramatic reversal, turning a $10 million unrealized profit into a $2.5 million loss when their BTC long position was caught in the downturn. This event occurred as Bitcoin fell 4% from its recent high to around $104,000. Data from Coinglass showed that over 247,000 traders were liquidated in a 24-hour period, with Ether (ETH) also sinking 8% to $2,530, underscoring the high risks of leveraged trading in the current range-bound market.