Market data indicates that the much-anticipated altseason has yet to begin truly. A comparison of Bitcoin, large-cap (top 20) altcoins, and mid-to-small-cap tokens shows the weakest altcoin performance of the current cycle. Altcoins Struggle to Match Bitcoin’s Dominance In its latest analysis, CryptoQuant said that the most significant surge resembling a “true” altseason occurred in…
Over the past weeks, the altcoins’ season (or the altseason) seems to be the biggest narrative in the digital asset market, leading virtually all conversations amongst the crypto crowd. This narrative is beginning to feel even more organic due to the strong performances of the largest altcoins, ETH and XRP, in recent weeks. Ethereum, the…
After Bitcoin and XRP, it’s now Ethereum’s turn to take center stage in what appears to be the start of its next major rally. $ETH has surged 15% in just the past three days. This move has propelled it past the $4K mark, a key psychological and technical milestone. So, why is $ETH rallying? Alongside…
Ripple Labs and the US SEC have finally closed the book on their high-profile lawsuit after almost five years of legal back-and-forth. According to a joint filing with the Second Circuit Court of Appeals on Thursday, both sides agreed to drop their appeals, making Judge Analisa Torres’s 2023 ruling final. The resolution has already been…
The United Kingdom, while slow to join the race, has some rising players with notable amounts of Bitcoin in their vaults. A new financial instrument has also emerged as an aftereffect, offering a novel, two-way method of fundraising and accumulation. The Smarter Web Company The technology firm specializing in web design and online marketing, listed…
Solana’s price has gained significant momentum over the past week. It has risen by 10% amid the improving sentiment across the broader cryptocurrency market. This renewed optimism has propelled the coin upward, and with bullish momentum gaining strength, SOL appears poised for a sustained rally. Market Momentum Turns in Solana’s Favor SOL’s double-digit rally in…
Following the steep corrections seen in late July, the Bitcoin market made a modest recovery in the past week, rising by 2.73% according to data from CoinMarketCap. However, another rejection amidst this price resurgence forces the premier cryptocurrency to now trade within the $116,000 price region. While the crypto market awaits the token’s next move,…
Michael Saylor, founder of Strategy, suggested this week that a rumored move by the US to impose tariffs on gold imports could push money out of the metal and into Bitcoin. According to a Bloomberg interview, Saylor argued that Bitcoin cannot be taxed at the border because it “lives in cyberspace, where there are no…
President Donald Trump issued a debanking executive order this week aimed at stopping what his administration described as unfair banking discrimination toward the crypto sector. Will the order be the definitive blow to the so-called Operation Choke Point 2.0? Will banks that debanked crypto companies unfairly be forced to reinstate them? Custodia Bank founder and…
The cryptocurrency market grew by 13.3% in July, driven mainly by bitcoin (BTC) hitting several price highs throughout the month. The rally attracted increased institutional interest in Bitcoin, Ethereum, and major altcoins, supported by more companies integrating digital assets into their corporate treasuries. According to a monthly report by Binance, the world’s largest crypto exchange,…