XRP Price Targets Spark Enthusiasm in the Crypto World

Garegrat considers a $1,000 XRP price speculative but achievable under certain conditions. XRP needs significant development in global financial infrastructure for higher valuations. Continue Reading: XRP Price Targets Spark Enthusiasm in the Crypto World The post XRP Price Targets Spark Enthusiasm in the Crypto World appeared first on COINTURK NEWS .

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FBI Warns of Fake ‘Crypto Recovery Law Firms’ Preying on Scam Victims

The FBI has sounded the alarm over a growing wave of fraudulent “crypto recovery” services targeting victims of Crypto scam cases . In a public notice issued Wednesday, the FBI said fictitious law firms are approaching individuals who have already lost money to crypto fraud, promising to retrieve stolen funds but ultimately aiming to steal more. These schemes often demand upfront payments in cryptocurrency or gift cards and attempt to collect sensitive personal information. The warning builds on similar advisories released by the FBI in August 2023 and June 2024, and specifically urges caution toward unsolicited outreach from supposed legal representatives. “Be cautious of law firms contacting you unexpectedly, especially if you have not reported the crime to law enforcement or civil agencies,” the bureau emphasized. FBI Issues Renewed Public Warning The scale of crypto-related losses remains severe. Blockchain security firm CertiK reported that $2.5 billion was lost to hacks, exploits, and scams in the first half of 2025 alone. While some victims recover funds through exchanges or official channels, many are left vulnerable to secondary frauds when seeking help. The FBI plays a central role in investigating and prosecuting crypto-related crimes, including asset seizures. U.S. Treasury Secretary Scott Bessent recently confirmed that confiscated digital assets—after compensating victims—could be directed into the country’s national crypto reserves. In April, the Dallas FBI seized $2.4 million worth of Bitcoin linked to a suspected hacker, and in July, federal prosecutors filed suit to formally claim the funds. Such cases underscore the growing importance of crypto assets in law enforcement operations and broader government asset management. Seized Crypto May Bolster U.S. Holdings However, the digital asset world’s risks extend beyond financial fraud. Authorities have documented an alarming trend of criminals resorting to physical threats. Kidnappings aimed at forcing crypto holders to transfer assets or pay ransom have been reported worldwide. SatoshiLabs founder Alena Vranova has estimated that at least one Bitcoin investor somewhere in the world is targeted in this way each week. The FBI’s latest advisory serves as both a warning and a call for vigilance. Victims of crypto scams are urged to report incidents directly to official agencies rather than relying on unsolicited offers of help. With cybercrime techniques evolving and the stakes for digital wealth rising, the bureau’s message is clear: the path to recovering lost crypto does not run through cold calls and shady promises. The post FBI Warns of Fake ‘Crypto Recovery Law Firms’ Preying on Scam Victims appeared first on TheCoinrise.com .

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Memecoins đang hòa nhập vào văn hóa đại chúng: ảnh hưởng ngày càng tăng, theo nhà tiên phong crypto Olaf Carlson-Wee

Thật dễ để xem nhẹ memecoin – những loại tiền điện tử gắn liền với xu hướng trên Internet nhưng gần như không có mục đích cơ bản – và coi chúng là hình thức “đánh bạc” tồi tệ nhất trong thế giới crypto. Tuy nhiên, theo Olaf Carlson-Wee, nhà sáng lập một trong những quỹ đầu tư mạo hiểm crypto đầu tiên và khách mời đặc biệt trong tập mới nhất của podcast Crypto Playbook của Fortune, memecoin có thể được nhìn nhận như một phần của hệ sinh thái thông tin mới đang hình thành. Carlson-Wee là người có tầm nhìn sớm với nhiều bước ngoặt quan trọng của ngành crypto. Ông từng viết luận văn về Bitcoin từ năm 2012 và sau đó gia nhập Coinbase với vai trò nhân viên đầu tiên, trước khi rời đi năm 2016 – thời điểm Ethereum và hợp đồng thông minh còn rất mới – để thành lập Polychain Capital. Trong chương trình, ông chia sẻ quan điểm về hướng đi tiếp theo của ngành, bao gồm sự bùng nổ gần đây của các meme coin tiềm năng, được thúc đẩy bởi các nền tảng như Pump.fun – nơi bất kỳ ai cũng có thể dễ dàng tạo ra một loại tiền điện tử mới. Phần lớn các coin này gần như vô giá trị cả về ứng dụng thực tế lẫn khả năng đầu cơ. Tuy nhiên, nhiều đồng vẫn có vốn hóa trên 1 triệu USD, và một số như Dogecoin thậm chí đạt hàng chục tỷ USD. Điều đáng chú ý hơn, theo Carlson-Wee, là tất cả memecoin khi được nhìn tổng thể đang dần để lại dấu ấn trong văn hóa đại chúng. “Mỗi khi có một sự kiện tin tức mới hoặc một meme lan truyền trên mạng xã hội, gần như ngay lập tức sẽ xuất hiện một đồng coin gắn liền với nó,” ông nói, lấy ví dụ có người biết tin Đức Giáo hoàng Francis qua một memecoin. Carlson-Wee dự đoán rằng trong tương lai, memecoin có thể trở thành một dạng nội dung, và dựa trên hoạt động giao dịch của nhà đầu tư, chúng sẽ trở thành một phần của dòng thông tin tự nhiên trên mạng xã hội. Với nhiều người trong và ngoài thế giới crypto, đây có thể là một lựa chọn hấp dẫn so với hệ thống hiện tại, nơi nội dung bị chi phối bởi thuật toán của các tập đoàn công nghệ lớn. “Những memecoin mới này hoạt động như một hệ thống khám phá thông tin cho thị trường thông tin ở ranh giới mới nhất,” Carlson-Wee nói. “Trên mạng xã hội, bạn có thể tưởng tượng rằng mỗi bài đăng đều là một đồng coin. Tôi nghĩ đây chính là hướng mà chúng ta đang tiến tới.” Ngoài ra, nhà sáng lập Polychain cũng đề cập đến những xu hướng mới khác có khả năng trở thành một phần quan trọng của ngành crypto. Ở giao điểm giữa crypto và AI, Carlson-Wee nhận định blockchain là nền tảng tự nhiên để triển khai các “agent” – phần mềm tự động – bởi hệ thống truyền thống khó thực hiện các giao dịch tự trị, trong khi blockchain có thể dùng hợp đồng thông minh để làm điều này. “Các agent có thể ký kết hợp đồng bằng phần mềm hoặc toán học như hợp đồng thông minh trên blockchain, sở hữu tài sản trong ví crypto và giao dịch với con người hoặc các agent khác thông qua ví crypto,” ông giải thích. Trước đây, trong một cuộc thảo luận khác về danh sách những đồng coin nên nắm giữ lâu dài, Carlson-Wee từng chọn Bitcoin Hyper – một dự án Layer-2 cho Bitcoin – như một ví dụ điển hình thay thế cho các dự án chưa đạt được sự chấp nhận rộng rãi. Sự lựa chọn này cho thấy sự chuyển hướng sang những tài sản đã và đang cung cấp chức năng cốt lõi cho hệ sinh thái blockchain, thay vì những dự án vẫn chỉ dừng ở tiềm năng. Bitcoin Hyper – Từ công nghệ Layer-2 đến tương lai của meme coin tiềm năng Bitcoin Hyper không chỉ mang đến giải pháp Layer-2 tiên tiến cho mạng lưới Bitcoin, giúp giao dịch nhanh hơn và phí thấp hơn, mà còn mở ra tiềm năng kết hợp với xu hướng meme coin tiềm năng . Với khả năng hỗ trợ DeFi, NFT, trò chơi blockchain và ứng dụng Web3, Bitcoin Hyper đang định vị mình như một dự án vừa có nền tảng công nghệ vững chắc vừa có sức hút cộng đồng mạnh mẽ. Sự kết hợp giữa hạ tầng blockchain hiện đại và sức lan tỏa của meme coin có thể đưa Bitcoin Hyper trở thành một trong những đồng coin nổi bật nhất trong kỷ nguyên crypto mới.

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Shiba Inu (SHIB) Bleeds Out: 11% Crash Is In as Liquidations Skyrocket

Shiba Inu folds under very little pressure, suggesting lack of conviction among bulls

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Cold Wallet’s $6M Presale Locks 3,423% ROI Potential as Cardano Bullish Outlook Targets $1 & Dogecoin Signals 30% Rally

The Cardano (ADA) bullish outlook is supported by whale accumulation of 200 million ADA, reinforcing the momentum toward the $1 psychological mark. Dogecoin (DOGE) support analysis shows stability at $0.21, signaling a potential 30% surge if the buying pressure continues. Yet, Cold Wallet(CWT) is rewriting the rulebook altogether. With a cashback-first model, $6 million raised, and Stage 17 priced at $0.00998 against a $0.3517 listing, it offers a 3,423% ROI potential. Compared to ADA’s steady climb and DOGE’s meme-fueled volatility, Cold Wallet’s market-ready adoption edge could make it the most lucrative move in 2025. Cardano Eyes $1 Breakout as Whales Scoop Up 200M ADA Cardano (ADA) is holding strong near $0.81, and recent whale activity has grabbed attention; 200 million ADA tokens shifted into large wallets in just 48 hours. Analysts are watching the $0.84–$0.88 zone closely: a decisive move above this resistance could pave the way toward the psychological $1 milestone. On-chain indicators show moderate bubble risk, suggesting market strength without overheating and that the rally could be sustainable. The long-term ascending trendline remains intact, adding technical support to the bullish thesis. With whales accumulating, the scattered chart strength, and a reasonable momentum, a move beyond $1 could trigger renewed buying and broader momentum. For long-term investors, Cardano’s setup now offers a potentially favorable entry ahead of a breakout. Dogecoin Eyes 30% Surge As Whale Buying Signals Strength Dogecoin (DOGE) has found its footing around the $0.21 support level; a zone that previously sparked strong rallies. Analysts suggest that as long as DOGE holds above this level, it could launch a 30% upside move toward approximately $0.26. This outlook follows a recent rebound from a pullback near $0.20, with buyers stepping in at key price points. Notably, large holders accumulated over $200 million worth of DOGE in a single day, signaling renewed confidence and fueling bullish sentiment. Technical indicators are lining up in DOGE’s favor. Patterns such as a rounded bottom and a potential MACD golden cross suggest broader momentum may follow. For speculative traders and meme-coin enthusiasts alike, this setup combines clear entry levels with evidence of strong buying demand. Cold Wallet’s $6M Presale Turns Fee Refunds Into Growth Power Cold Wallet is removing two of the biggest barriers to Web3 adoption: high participation costs and slow onboarding. Instead of letting gas, swap, and transfer fees drain user value, Cold Wallet refunds them directly, making every action inside the ecosystem a value-positive event. This cashback-first model builds loyalty from the first transaction, creating a reason for users to stay active long-term. The integration of Plus Wallet supercharges this launch. Over 2 million pre-existing accounts are already connected, meaning Cold Wallet begins at scale on day one. This is not a theoretical roadmap; with $6 million raised and more than 716 million tokens sold, it is already a fully funded build in motion. Stage 17 of crypto presale pricing is set at $0.00998, compared to a fixed $0.3517 listing goal, offering an eye-catching 3,423% potential ROI. Early buyers in Stage 1 entered at $0.007 and are already seeing measurable gains. With each stage sold, that profit gap closes, adding urgency for new participants. For those looking for a market-ready crypto project with adoption, liquidity, and incentives already in place, Cold Wallet delivers an ecosystem designed for rapid scale, and the window to enter at its current price is closing fast. Why Cold Wallet Holds the Real Edge Cardano (ADA) bullish outlook points toward a breakout, and Dogecoin (DOGE) support analysis teases a short-term rally, but neither offers the built-in adoption advantage Cold Wallet commands. By refunding fees and onboarding over 2 million Plus Wallet users instantly, Cold Wallet enters the market with scale, liquidity, and retention hardwired from day one. Stage 1 buyers at $0.007 are already ahead, and each presale stage narrows the profit gap toward the $0.3517 listing. In a year where the strongest plays will be those that merge utility with immediate traction, Cold Wallet is not just riding the market; it is positioned to reshape it entirely. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Bitcoin (BTC) Drops $6,000 After Bad PPI Data and Bessent's No-Buy Comment

Thursday witnessed quite a collapse in the Bitcoin price as PPI data came in very much worse than expected. However, the real bombshell was Treasury Secretary Bessent’s comment that the US would not be buying Bitcoin for its Strategic Reserve, a comment that he may now have walked back on. Awful US PPI data Some pretty awful Producer Prices data was released on Thursday which put the skids under the Bitcoin price. It showed that the Producer Price Index had risen 3.3% on an annual basis last month compared with a forecast figure of a 2.5% gain. This could even have implications for the expected rate cut in September. Bessent not buying - then buying again However, what really sent the Bitcoin price into collapse mode was U.S. Treasury Secretary Bessent’s statement during an interview on Fox News that the US government would not be buying Bitcoin to add to its Strategic Reserve. Notwithstanding, only a few hours later in a post on X , the Treasury Secretary appeared to contradict his earlier statement by affirming the following: Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the “Bitcoin superpower of the world.” Whether Bessent miscommunicated in his Fox News interview, or whether he meant what he said, it would seem that the second statement has put Bitcoin purchases back on the agenda. Dip results in closing CME gap and retesting bull flag Source: TradingView If it wasn’t for the trigger of the two valid shocks to the market, one might have thought that the recent sharp dip in price was highly manipulated. Not long after making a new all-time high, the $BTC price fell precipitously all the way down to close the CME gap and retest the top of the bull flag. If you also throw into the mix the fact that short-term momentum indicators were able to reset, the collapse may have had a silver lining. Right now the $BTC price is up against the $119,000 horizontal resistance level. It would be expected that there may be a pause here, but given the bounce from the Stochastic RSI indicators, the pause might only be temporary. Bulls need to get $BTC price back on track Source: TradingView The daily chart shows the trend breaks in the price action and also in the RSI. For both it can be observed that it wouldn’t take too much for the price to get back above those uptrends. Concentrating on the RSI, it will be important for the indicator line to rise above the descending trendline (black line) in order to get back on track. $119,000 is the important level to hold over the weekend Source: TradingView The weekly time frame view for $BTC reveals a candle that is far from good looking. The bulls will be hoping that the candle becomes green and fills up over Friday and the weekend. Even if this doesn’t really happen, the main thing is to stay above what is starting to become a strong level of support at $119,000. At the bottom of the chart, the RSI illustrates how important it is for the indicator line to finally break through the descending trendline. When it does, this is likely the signal that $BTC is heading into its next leg higher. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Bitcoin Halving Countdown: This Altcoin Could Outperform All Majors in 2025

Bitcoin’s price has surged past $121,000 after a 5% weekly climb, putting the spotlight back on the next big market event — the Bitcoin halving. These programmed supply cuts have a history of triggering major price waves, not just for Bitcoin but also for the altcoins riding its momentum. With the next halving set for April 2028, investors are already building watchlists for the best altcoin to buy in 2025 and the top altcoins 2025 that could lead the charge. Among the rising names, MAGACOIN FINANCE is making waves as a bold new contender with serious upside potential. The Countdown to Bitcoin’s Next Supply Shock The fourth Bitcoin halving took place on April 20, 2024, slashing mining rewards from 6.25 BTC to 3.125 BTC per block. This hard-coded event reduced new supply by 50% and reinforced Bitcoin’s scarcity model. The next one — projected for April 4, 2028 at block 1,050,000 — will cut the reward again to just 1.5625 BTC. With around 140,129 blocks left (about 965 days), the market has entered a long build-up phase. Past cycles show that altcoins often outperform in percentage gains when the post-halving bull run kicks in. That’s why traders are already hunting for the best crypto to invest in 2025 — aiming to position before the real momentum begins. From DeFi leaders to AI-driven blockchain plays, the top altcoins 2025 list is filling with projects that could rival Bitcoin’s performance. MAGACOIN FINANCE: Poised for a 35x Breakout As the halving clock ticks, MAGACOIN FINANCE is shaping up to leave even the biggest names in the dust. Analysts tracking its progress are pointing to a projected 35x climb — a number that puts it in rare territory for potential returns. Unlike older projects weighed down by slow innovation, MAGACOIN FINANCE is built for speed, adaptability, and market engagement. This makes it more than just another speculative token. It’s positioning itself to join the top altcoins 2025 conversation, giving investors an alternative to the large-cap giants. For those building positions now, MAGACOIN might be the best altcoin to buy in 2025 for outsized gains when the halving sparks a new market cycle. Why This Halving Could Change the Game for Altcoins Every halving triggers a fresh wave of attention to crypto markets. Bitcoin may lead the headlines, but the fastest moves often happen in smaller, high-growth coins. That’s where opportunities lie for investors looking beyond the big names. The 2028 halving will likely tighten supply while demand rises, creating ideal conditions for altcoins with strong narratives and active communities. MAGACOIN FINANCE checks those boxes, making it a standout candidate alongside other promising projects for the best crypto to invest in 2025. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Bitcoin Halving Countdown: This Altcoin Could Outperform All Majors in 2025

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Analyst Says XRP Pump Always Comes After This Happens

XRP has yet to put in a major pump after the conclusion of Ripple’s legal battle with the Securities and Exchange Commission (SEC), leading to questions as to why the altcoin is struggling. So far, XRP looks to be under a lot of selling pressure, but this could just be the preparation for the next takeoff. As crypto analyst MadWhale explains, it is times like these that the major moves tend to happen . Market Makers Prepping XRP For A Big Move? The sentiment around XRP has begun to shift toward the negative as the altcoin has not kept up with the likes of Bitcoin and Ethereum through the recent market surge. This underperformance has kept the cryptocurrency from its all-time high campaign as the price has continued to trend sideways. Undeterred by this price action, crypto analyst MadWhale has mapped out what could possibly be happening to the XRP price and how market makers could be using this as an opportunity to shake out investors. In the post, the analyst explains that no market is ever just straight up or down, and it is the swings that market makers use against traders. MadWhale explains that market makers hold the price in a narrow range or display dull sideways price movements, with breakouts in no particular direction taking place. During this time, they cause investors to lose interest and hope in the digital asset, as they make them pull out of the market. As this happens, while investors think that the cryptocurrency has lost its momentum and will continue to crash, the market makers are using it to prime the next move. The target is often again high-leveraged traders to make them lose their positions as they flush them out. The Move Happens When Hope Fades While shaking out the weak hands on assets like XRP , market makers are also snapping up liquidity, which is what helps to make the next move easier. The analyst calls it “the fuel for major market moves” as it makes it cheaper for the market makers to carry out their moves. Once XRP investors are worn out and the weak hands have been taken out, this is when the main move begins . “The market never moves in a straight painless path. Every swing trap or sideways grind has a purpose. If you understand these moves as part of the market maker’s plan to gather liquidity you can position yourself where others give up and join the move when it truly starts. Patience and pattern recognition are your sharpest weapons,” MadWhale concluded.

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5 Reasons Why Ethereum Price To $15,000 Is ‘Programmed’

The Ethereum price has struggled to keep up with the rapid acceleration of Bitcoin over the years, failing to put in a new all-time high despite Bitcoin crossing $120,000. However, with a turn toward altcoins, Ethereum has quickly become the center of attention, especially after ETH crossed the $4,000 level. Now, as interest balloons, expectations for how high the Ethereum price could go have expanded, with many expecting 5-figures soon. Why Ethereum Price Is Headed For $15,00 In an X (formerly Twitter) post, popular crypto analyst Rekt Fencer predicted that the Ethereum price was “programmed” to reach the $15,000 mark. As for why he believes that the altcoin would climb this high, he highlights five major developments that will be the defining trigger for the Ethereum price to reach $15,000. Related Reading: Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible The first thing on the list is the fact that ETH buying has been ramping up among institutions lately. For example, Ethereum treasury companies have sprung up in the last year, with the likes of Bitmine and SharpLink leading the charge. With ETH quickly becoming the cryptocurrency of choice for these large investors, over $10 billion worth of ETH has been bought by these companies in less than three years. Next on the list is the fact that US President Donald Trump is a major Ethereum holder. The president, who is hailed as the first pro-crypto president of the United States, currently holds over $500 million worth of ETH. This means that the majority of the president’s crypto wealth is actually in Ethereum. Another major factor driving up the value of the Ethereum price is the heightened interest in Spot Ethereum ETFs. As buying of Spot Ethereum ETFs has ramped up, so have their total holdings. According to data from the CoinMarketCap website, Spot ETH ETF issuers now control a whopping $19 billion in AUM, which translates to 3.76% of the total Ethereum market cap. Related Reading: Brace For Impact: Bitcoin Price Could Crash To $110,000 Amid Signs Of Exhaustion Fourth on the list is the proliferation of pro-crypto laws such as the GENIUS Act that was passed this month. This has made it easier for institutional investors to move into Ethereum and driven up buying during this time. Then the fifth point is the fact that staking for Spot Ethereum ETFs is coming. While this is yet to be approved, there have been multiple filings by Spot Ethereum ETFs to allow ETH staking for the funds. This means that if this is approved, then these funds would end up locking a large number of their ETH holdings in order to enjoy yield from staking. Featured image from Dall.E, chart from TradingView.com

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Coinbase research head predicts surge in altcoins

Coinbase’s head of research, David Duong, argued that current crypto conditions suggest there could soon be a shift towards digital assets outside of Bitcoin. His remarks came amid the recent growth in altcoins this year. Duong mentioned in Coinbase’s monthly report on Thursday that September might see a push towards a full-scale altcoin season. According to Coinbase, an altcoin season is clear when three quarters of the top 50 altcoins surpass Bitcoin over 90 days. Duong believes Fed policies might drive retail participation into altcoins Altcoin Season is coming As September approaches, the transition to a full-scale altcoin season is likely. Our positive 3Q25 outlook stems from macro trends such as potential Fed rate cuts and expected regulatory advancements. More key themes in this Monthly Outlook report ↓ — Coinbase Institutional 🛡️ (@CoinbaseInsto) August 14, 2025 The exchange’s head of research believes that money market funds currently hold a significant amount of retail capital. Duong noted that a record $7.2 trillion is currently sitting in U.S. money market funds. He argued that the decline of cash balances by $150 billion in April ignited stronger crypto and risk asset performance in subsequent months. Cash balances rebounded by over $200 billion in June, which he believes was at odds with the crypto appreciation witnessed over the same period. Duong also argued that retail participation was imminent due to the probability of potential Federal Reserve easing in the coming months. His remarks came after July’s Consumer Price Index (CPI) showed moderate inflation at 2.7% YoY. As previously reported by Cryptopolitan, Tuesday’s inflation data increased the chances of the central bank cutting rates in September on futures markets to around 98%. At the time of publication, CME’s FedWatch tool showed a 93% reduction in the September rate after Thursday’s producer prices showed the quickest rise in three years. According to Duong, interest rate cuts have the potential to draw fresh capital into the market and could ignite an altcoin rally. Source: Coinbase . Altcoin open interest dominance ratio. He also argued that BTC dominance could influence the beginning of an altcoin rally. The BTC dominance gauge has plummeted 10% from over 65% in May to around 59% by August. At the time of publication, BTC dominance is currently at 59.36%, its lowest level since January. Duong believes that Bitcoin’s current market dominance signals the early stages of capital rotation into altcoins. On Thursday, crypto day trader Ito Shimotsuma also noted that Bitcoin dominance had just formed its first monthly bearish cross since January 2021. He stated that in the past, altcoins rallied for only four months when such a scenario occurred. According to him, a similar scenario is likely to occur that will lead to an altcoin rally till December. ETH institutional interest growth fuels altcoin season Duong believes the altcoin season is imminent due to the surge in altcoin season indexes in recent months. The altcoin market cap has risen above 50% since early July, but is yet to reach the 75% threshold, which historically determines altcoin seasons . At the time of publication, CoinMarketCap’s Altcoin Season Index currently sits at 45, up from below 25 in July. CryptoRank’s index is at 50, while Blockchain Center’s remained neutral at 53. “With the altcoin market cap climbing and the Altcoin Season Index showing early positive signals, we believe conditions are setting up for a potential rotation into a more mature altcoin season as we head into September.” – David Duong , Head of Research at Coinbase Joanna Liang, founding partner of Singapore-based venture capital firm Jsquare, said three key conditions need to align for an altcoin season to take place. She explained that a drop in a favorable overall market condition, a drop in BTC dominance, and a strong new narrative are enough conditions to signal an altcoin rally. Past altcoin cycles were driven by different catalysts such as ICOs in 2017-2018, Layer-1s in 2018-2019, and DeFi/NFTs in 2021-2022. Liang believes that the altcoin market is yet to rally, as it awaits market signals that can inject fresh capital and fuel an altseason. If you're reading this, you’re already ahead. Stay there with our newsletter .

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