Pudgy Penguins (PENGU) experienced a remarkable 23.54% price surge after the SEC acknowledged Canary Capital’s innovative ETF filing, marking its highest level since January 2025. The proposed Canary PENGU ETF
DEX or Decentralized exchanges are essentially blockchain-based peer-to-peer marketplaces that allow users to conduct transactions
In the rapidly evolving landscape of artificial intelligence, where innovation often clashes with ethical concerns, Cluely has emerged as a particularly intriguing player. For those in the cryptocurrency space, where trust and transparency are paramount, the initial buzz around this AI startup might have raised eyebrows. Cluely, an AI tool designed to analyze online conversations via a hidden in-browser window, first gained notoriety for a controversial claim: its ‘undetectability’ feature supposedly allowed users to ‘cheat on everything.’ This bold assertion immediately positioned Cluely at the center of a heated debate about AI ethics and academic integrity. The Cluely Controversy: Roy Lee’s Bold Claims The story of Cluely and its co-founder, Roy Lee , is as captivating as it is contentious. Lee himself was suspended from Columbia University after openly admitting to using Cluely, then known as Interview Coder, to ‘cheat’ on a coding test for a developer position at Amazon. This personal anecdote, far from being a deterrent, became a central part of Cluely’s early marketing, creating significant buzz and drawing both fascination and condemnation. The company’s initial tagline, ‘cheat on everything,’ was a deliberate move, described by some as ‘rage-bait marketing,’ designed to capture attention and spark conversation. It certainly succeeded, but it also painted Cluely in a specific, often negative, light. Challenging the Undetectable: The Rise of Cheating Detectors The controversial nature of Cluely’s claims naturally led to a counter-response. On X, another Columbia University student, Patrick Shen, announced the launch of Truely, a product explicitly designed to catch ‘cheaters’ who use Cluely. Marketing itself as an ‘anti-Cluely,’ Truely claimed to detect unauthorized applications used during online meetings or interviews. This development seemed to set the stage for a technological arms race, where advanced AI tools for assistance would be met with equally advanced cheating detectors . Many observers expected Roy Lee and Cluely to be deeply concerned by this direct challenge to their ‘undetectability’ feature. Why Cluely’s Founder Isn’t Concerned About Detection Surprisingly, Truely’s launch did not faze Roy Lee . In a recent interview with Bitcoin World, Lee dismissed the notion that detectability was a core concern for Cluely . He stated, ‘We don’t care if we’re able to be detected or not. The invisibility function is not a core feature of Cluely. It’s a nifty add-on.’ Lee further elaborated that most enterprises, likely due to legal implications and the need for transparency, choose to disable the invisibility feature altogether. This statement marks a crucial turning point, indicating that the ‘cheating’ narrative, while effective for initial virality, was never the ultimate goal for Cluely’s long-term vision. Lee even praised Truely on X, while adding that Cluely ‘will likely start prompting our users to be much more transparent about usage,’ signaling a clear shift in strategy. Cluely’s Evolution: From ‘Cheating’ to Comprehensive AI Tools This strategic pivot became even more pronounced after Cluely secured a significant $15 million Series A funding round from Andreessen Horowitz (a16z) last month. With this substantial investment, Cluely has actively moved away from its provocative ‘cheating’ marketing. The company’s tagline has been subtly but significantly changed from ‘cheat on everything’ to ‘Everything You Need. Before You Ask. … This feels like cheating.’ This revised tagline acknowledges the perception of ease and advantage Cluely offers, but frames it within a context of legitimate utility rather than illicit activity. This re-branding positions Cluely not as a tool for deception, but as a powerful assistant that provides an almost unfair advantage due to its efficiency. Cluely’s Ambitious Vision: Beyond ChatGPT as an AI Startup Lee’s ambitions for Cluely extend far beyond merely being a tool for gaining an edge in specific scenarios. His grand vision is for Cluely to supersede ChatGPT and become the go-to AI tool for everyday information retrieval and interaction. ‘Every time you would reach for chatgpt.com, our goal is to create a world where you instead reach for Cluely,’ Lee declared. The key differentiator, according to Lee, is Cluely’s unique ability to understand context. Unlike ChatGPT, which operates largely in a vacuum, Cluely ‘also knows what’s on your screen and hears what’s going on in your audio.’ This contextual awareness, Lee believes, will make Cluely an indispensable assistant, capable of providing relevant information and insights proactively, based on a user’s real-time activities and conversations. This positions Cluely as a pioneering AI startup aiming for ubiquitous integration into digital workflows. In conclusion, Cluely’s journey from controversial ‘cheating’ tool to ambitious AI powerhouse highlights the dynamic and often unpredictable nature of tech innovation. Roy Lee’s steadfast focus on Cluely’s core utility, rather than its initial viral gimmick, demonstrates a clear strategic vision. The company’s shift in marketing, backed by significant venture capital, signals its intent to become a foundational AI tool, moving beyond the realm of mere detection evasion and into a future where AI proactively assists users with unparalleled contextual awareness. The debate around AI ethics will undoubtedly continue, but Cluely appears determined to carve out its place as a legitimate, powerful AI solution. To learn more about the latest AI market trends, explore our article on key developments shaping AI Models features.
10X Capital has launched the BNB Treasury Company, backed by YZi Labs, creating an independent US initiative for digital asset treasury management that focuses exclusively on BNB Chain ecosystem investments. The company plans to pursue a public listing on a major U.S. stock exchange, providing American investors exposure to BNB, the world’s fourth-largest digital asset by market capitalization. 10X Capital is proud to announce a game changer, the first $BNB Treasury Company in the U.S. with the support of @YZiLabs , led by $GLXY co-founder David @Namdar , 10X CIO Russell Read, and @SaadNaja , formerly of @krakenfx . Stay Tuned! https://t.co/Lb4CC6YhaV — 10X Capital (@10XCapitalUSA) July 10, 2025 “Strategy” of the Binance Ecosystem The venture aims to replicate the success of Bitcoin treasury strategies pioneered by Strategy , targeting BNB’s $92 billion market cap and position as the native token of Binance’s ecosystem. Leadership includes digital assets veteran David Namdar, co-founder of Galaxy Digital and a former Millennium Management executive, alongside institutional investor Russell Read, a former CIO of CalPERS and the Alaska Permanent Fund. The announcement coincides with accelerating corporate adoption of BNB as a strategic reserve asset, led by Chinese firm Nano Labs’ $50 million acquisition of 74,315 BNB tokens at $672.45 per coin. Nano Labs plans to control 5-10% of BNB’s circulating supply through a $1 billion accumulation strategy using convertible notes and private placements. Additional corporate initiatives include hedge fund executives seeking $100 million to purchase BNB through Build & Build Corporation, marking the first Nasdaq-listed company to hold BNB on its balance sheet. The initiative, led by former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Jonathan Pasch, will also follow MicroStrategy’s business model for corporate Bitcoin accumulation. The fundraising targets are expected to be completed before the end of July. Corporate Treasury Revolution is Moving Away From Bitcoin-Only Strategy Nano Labs established itself as the first major public company to stockpile BNB at scale, bringing its total digital asset reserves to $160 million, which includes Bitcoin holdings. @NanoLabsLtd has entered into a $500 million convertible note agreement as part of a broader strategy to accumulate BNB worth up to $1 billion. #NanoLabs #BNB https://t.co/mPyfq9HiSQ — Cryptonews.com (@cryptonews) June 24, 2025 The Hong Kong-listed company completed comprehensive evaluations of BNB’s utility , network security, and long-term investment potential before committing to the accumulation strategy. Even on the regulatory level, Bhutan’s Gelephu Mindfulness City has announced the inclusion of BNB in its official strategic reserves , alongside Bitcoin and Ethereum, becoming one of the first jurisdictions to formally recognize the token in its government portfolios. The trend extends beyond BNB, with GameSquare announcing $100 million Ethereum treasury allocation . GameSquare’s Ethereum strategy aims for yields of 8-14% through Dialectic’s Medici platform, which is significantly higher than the standard ETH staking returns of 3-4%. The media and entertainment firm raised $8 million in public offerings to fund the ETH treasury allocation. Similarly, Bit Digital completed its transformation by selling 280 BTC and deploying $172 million to accumulate over 100,000 ETH , positioning it among the largest public Ethereum holders globally. Bit Digital goes all-in on Ethereum, dumping all 280 $BTC to build massive 100K+ $ETH treasury after $172M capital raise targeting preeminent $ETH holding company status. #Bitcoin #Ethereum https://t.co/nBtaOQcNwt — Cryptonews.com (@cryptonews) July 8, 2025 The company operates 21,568 ETH in native staking protocols, earning 211 ETH in rewards during the first quarter of 2025. Binance Ecosystem Expansion Drives Institutional Adoption Binance unveiled Institutional Loans, offering verified corporate clients up to 4x leverage by borrowing against multiple accounts without requiring asset consolidation. The cross-collateralized credit line supports over 400 collateral assets, with major tokens like BTC, ETH, and BNB exempt from haircut ratios. The exchange continues demonstrating appeal to large market participants, with average Bitcoin deposits spiking to 7 BTC during price peaks, the highest among all exchanges. Binance also leads altcoin deposit activity, with up to 59,000 daily deposits, more than double the volume of Coinbase. Just yesterday, Kraken partnered with BNB Chain to expand the reach of xStocks , tokenizing U.S. equities and deploying BEP-20 tokens for assets such as Apple, Tesla, and Nvidia. BNB Chain’s Maxwell upgrade reduced block times from 1.5 seconds to 0.75 seconds, achieving sub-second finality while maintaining an average transaction fee of $0.04. The post 10X Capital Launches BNB Treasury Company Backed by YZi Labs appeared first on Cryptonews .
Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales Check out our Live Update Coverage on the Best Crypto Presales for July 10, 2025! Crypto presales are kicking gains day in and day out, motivated by impactful players like Mastercard, Visa, and the influx of new ETFs. These early-stage crypto projects are often significantly more profitable than established coins like Bitcoin. We’ll give you live updates on the trending presales, whale activities, projecting funding and development rounds, and critical alerts—everything you’ll need to get an edger. We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, so keep refreshing! Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Tokenization of Everything; XRP and Presales like SUBBD to Gain July 10, 2025 • 09:00 UTC Bitwise has highlighted XRP as a crucial asset in an anticipated $16 trillion tokenization market, In its report , Bitwise argues that XRP is the first choice to move tokenized assets like bonds and stocks across borders. This is thanks to its fast, low-cost transaction capabilities and US regulatory clarity. But, while XRP lays the infrastructure for institutional token flows, SUBBD ($SUBBD) is doing it for the creator economy. $SUBBD drives a Web3-based content platform that gives full ownership of their content, audience, and data back to creators. Using the $SUBBD token, creators can monetize directly without relying on ad-driven platforms like YouTube or Instagram. Fans can use $SUBBD to subscribe and tip their favorite creators without the exorbitant transaction fees. As trillions move on chain in every industry and niche, investors are eyeing this project as one that could make good on its goal to disrupt the $85B subscription-based content market. Get in early for the greatest gains at the official $SUBBD presale website. Greece Seizes Bybit Hack Funds as Self-Custody Solutions Thrive, Highlighting $BEST Presale Success July 10, 2025 • 08:58 UTC Big news out of Greece! Authorities froze some of the whopping $1.5B Bybit hack funds. It’s a huge win in the global fight against crypto cybercrime, showing just how adept people are at tracking down stolen digital cash. The hack was originally linked to the infamous North Korean Lazarus Group. Bybit’s public dashboard shows $72M (5%) of the funds have now been frozen, but $870M is still missing. The hack highlights why everyone’s talking about self-custody. With centralized exchanges getting hit, more people are choosing self-governance. That’s where Best Wallet comes in, a multi-chain non-custodial solution that’s quickly becoming a go-to. And, as an added sweetener, its Best Wallet Token ($BEST) presale is already showing success, having raised over $13M. Holding $BEST gets you perks like lower fees, staking rewards, and even early access to new token presales, giving you more control and security in the wild crypto world. Learn more about Best Wallet Token ($BEST) on its official presale website.
The Bitcoin (BTC) surge over $112,000 finally arrived as was expected. It was just a matter of time. Since then, the $BTC price has been consolidating into what looks like a continuation pattern. Is a more explosive move about to take place? $BTC makes new high It wasn’t until 18:00 GMT on Wednesday, but once the powerful move began there was no stopping it. Around 2.68%, and nearly $3,000 later, the bulls managed to push the price just above the last all-time high. A new high has been made, so what next for the king of the cryptocurrencies? Pennant forms on hourly time frame Source: TradingView After breaking out of the small descending trendline, the $BTC price arrowed upward and the bulls were just able to set a new all-time high. As can be seen by zooming into the very short time frame of the 1-hour chart, the price has been consolidating just below the high and looks to have formed a pennant. The price has recently broken out of this to the upside, and it just remains to be seen if the breakout will be confirmed. If it is, the measured move for the pennant is to around $114,000. $BTC heading higher after testing breakout? Source: TradingView A short time later, moving out slightly into the 4-hour chart, but still very much in the short-term time frame, it can be seen that the price retraced below the 0.236, which is the shallowest of the Fibonacci levels, but since then the price has been bouncing from this level. The retest after the breakout has taken place, and it seems that the bulls are trying to drag the price higher. The main issue will be that short to medium time frame indicators are now showing as overbought, but that said, the price could probably still keep rising for a while given the momentum behind this surge. Can $BTC climb above $130,000 next? Source: TradingView On the weekly time frame, the breakout is looking strong. The measured move for the bull flag would put the price well above $130,000. At the very bottom of the chart, the MACD is showing good separation of the two indicator lines and both are continuing to be angled upward. At the same time, the green histogram bars are gradually getting bigger. Moving up to the Stochastic RSI, the indicator lines are heading back to the top once more. If price keeps climbing, these indicator lines can continue to bounce along the top of the 80.00 level, signalling constant upside price momentum. 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.
Pump.fun announces PUMP token launch through Initial Coin Offering on Saturday July 12th. Total supply surpasses 1 trillion tokens, with 33% reserved for ICO sales. Private and public sales pricing tokens are $0.004 apiece and may be unlocked immediately. The maximum quantity of PUMP tokens in all allocation categories is 1,000,000,000,000. Thirty-three percent of the total supply is given to the ICO for public distribution. Twenty-four percent of platform development and growth funds are allocated to community and ecosystem projects. While current investors receive 13% of the entire supply, the team receives 20%. The foundation receives 2% of tokens, while the ecosystem fund receives 2.4%. Livestreaming features receive 3% allocation while liquidity and exchanges get 2.6% distribution. the moment you’ve all been waiting for $PUMP is launching through an Initial Coin Offering on Saturday, July 12th. airdrop coming soon. our plan is to Kill Facebook, TikTok, and Twitch. On Solana. learn more about $PUMP and how to get involved 👇 pic.twitter.com/KApiGnvtBg — pump.fun (@pumpdotfun) July 9, 2025 The ICO splits into private and public sales with identical pricing terms. Private sales target institutional purchasers with 18% of total token supply. Public sales offer 15% of supply to retail participants at matching prices. Both private and public sale participants pay $0.004 per token consistently. All ICO tokens unlock fully on day one when trading becomes available. The private sale has already reached full allocation before public launch. Public token sales continue until 150,000,000,000 tokens sell completely or July 15th deadline. The sale ends at 14:00 UTC on Tuesday whichever condition occurs first. Token sale participants receive tokens shortly after public sale conclusion. Initial tokens remain non-transferable preventing immediate trading after distribution. Trading becomes available 48-72 hours after token sale ends officially. Pump.fun plans utility mechanisms including fee rebates, token buybacks, and promotional incentives. The platform aims to replace existing social platforms with value-giving alternatives. PUMP tokens will grow the ecosystem while delivering community value consistently. Platform achieves record revenue growth since January launch Pump.fun started in January 2024 with a mission to become a global platform. Pump.fun is an application that allows anyone, anywhere, to create and send tokens with no restrictions. Pump.fun is the fastest-growing business ever in terms of revenue numbers. The platform reached $100 million, $300 million, and $500 million in revenue before others. Pump.fun accumulated 1,661,078 SOL tokens valued at approximately $362 million as of April 2025. Cumulative revenues as of July 2025 range from $398 million to nearly $400 million. Estimates have the platform earning more than $700 million in revenue. Revenue estimation is variable based on methodology and periods to be analyzed. Most revenue is derived from 1% fees on trading of bonding-curve tokens. Pump.fun also imposes flat fees for token creation on everyone. This makes Pump.fun the most profitable DeFi protocol on Solana. The platform is committed to replacing Facebook, TikTok, and Twitch with blockchain alternatives. Whales open short positions ahead of token launch Multiple whale wallets have opened short positions against PUMP before its official launch. One newly created wallet deposited $3 million USDC into HyperLiquid exchange platform. The wallet opened a PUMP short position with 1x leverage immediately. One more newly created wallet has deposited $3M $USDC into #HyperLiquid and opened a $PUMP (1x) short position. https://t.co/n9EC7xeMgm pic.twitter.com/SgDUfE8Lsw — Onchain Lens (@OnchainLens) July 10, 2025 Another whale deposited $4 million USDC into HyperLiquid for similar trading strategies. This second whale also opened a PUMP short position using 1x leverage. Combined whale positions total $7 million in short exposure against the token. The short positions indicate institutional skepticism about PUMP’s initial price performance. Whales appear betting on price decline following the ICO launch event. HyperLiquid provides the platform for these pre-launch trading positions to develop. Data from Onchain Lens tracks these large wallet movements and position openings. The timing suggests coordinated efforts to profit from potential price volatility. Short positions allow traders to profit if PUMP prices fall below expectations. The whale activity contrasts with Pump.fun’s bullish ICO marketing and growth projections. Institutional participants may view the $0.004 ICO price as overvalued currently. These positions could create downward pressure when trading begins officially. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Ethereum is spinning up like a quiet tornado, but still waiting to break free.
Are you wondering where the crypto market is headed next? For seasoned investors and curious newcomers alike, understanding the prevailing market sentiment is crucial. The latest reading from the Altcoin Season Index, a pivotal metric, offers a clear signal: we are currently navigating a period known as Bitcoin Season. As of 00:28 UTC on July 10, the Altcoin Season Index, a widely tracked metric by CoinMarketCap (CMC), registered a value of 27. This figure, an increase of five points from the previous day’s report, strongly indicates that the market is currently experiencing what is commonly referred to as Bitcoin Season . But what exactly does this mean for your portfolio, and how can you leverage this information? What is the Altcoin Season Index and Why Does it Matter? The Altcoin Season Index is more than just a number; it’s a compass for understanding the broader cryptocurrency landscape. Developed by CoinMarketCap, one of the most reputable cryptocurrency price data platforms, this index provides a snapshot of market performance over a specific period. It helps investors gauge whether Bitcoin or the collective altcoins are leading the charge. Here’s how it works: Scope: The index rigorously tracks the performance of the top 100 cryptocurrencies by market capitalization on CoinMarketCap. It specifically excludes stablecoins (like USDT or USDC) and wrapped tokens (like wBTC) to ensure a clear focus on the volatile and growth-oriented segments of the market. Timeframe: Its calculation is based on the performance of these selected coins over the past 90 days. This three-month window provides a reasonable balance between short-term trends and longer-term shifts, preventing daily fluctuations from skewing the overall picture too much. The Core Rule: For the market to be officially in ‘Altcoin Season’, at least 75% of these top 100 altcoins must have outperformed Bitcoin over the specified 90-day period. Conversely, if 25% or fewer of these altcoins manage to outshine Bitcoin, the market is deemed to be in ‘Bitcoin Season’. The index itself ranges from 1 (strong Bitcoin Season) to 100 (strong Altcoin Season). Understanding this index is vital because it offers a macro-level perspective that individual coin analysis might miss. It signals whether the market’s capital is flowing primarily into Bitcoin or diversifying into a broader range of digital assets , which has profound implications for investment strategies. Navigating Bitcoin Season: Understanding Current Market Dynamics When the Altcoin Season Index sits at a low number like 27, it unequivocally signals that we are in a period dominated by Bitcoin. During Bitcoin Season , the world’s largest cryptocurrency by market capitalization tends to outperform the vast majority of altcoins. This doesn’t mean altcoins can’t see gains, but their performance is generally subdued compared to Bitcoin, and many might even lose value against BTC. Several factors contribute to Bitcoin’s dominance during these periods: Safe Haven Narrative: In times of market uncertainty or broader economic instability, Bitcoin often acts as a perceived ‘safe haven’ within the crypto space. Investors might de-risk from more volatile altcoins and consolidate their holdings into BTC. Institutional Inflows: Large institutional investors often start their crypto journey with Bitcoin due to its liquidity, established infrastructure, and regulatory clarity (in some jurisdictions). Significant institutional buying can push Bitcoin’s price up without necessarily spilling over into altcoins immediately. Halving Cycle Influence: Bitcoin’s quadrennial halving events often precede bull runs. In the early stages of such cycles, Bitcoin typically leads the charge, absorbing liquidity before altcoins begin their parabolic moves. Market Leadership: Bitcoin remains the bellwether of the crypto market. Its price movements often dictate the overall sentiment, and during Bitcoin Season, it consolidates its leadership, pulling capital towards itself. For investors, Bitcoin Season calls for a strategic approach. It might be a time to accumulate Bitcoin, potentially rotate profits from underperforming altcoins into BTC, or be highly selective with altcoin investments, focusing only on those with strong fundamentals and clear catalysts. Risk management becomes paramount, as weaker altcoins can experience significant drawdowns against Bitcoin. The Allure of Altcoin Season: What Triggers the Shift? While we are currently in Bitcoin Season, the dream of Altcoin Season remains a powerful draw for many investors. This is the period where smaller, more volatile cryptocurrencies can experience explosive growth, often outperforming Bitcoin by significant margins. It’s when millionaires are made, and new narratives emerge. What typically triggers a shift from Bitcoin dominance to an altcoin rally? Bitcoin Dominance Peak: Often, an Altcoin Season begins after Bitcoin has had a substantial run and its dominance (its market cap percentage of the total crypto market) reaches a local peak. Investors who profited from Bitcoin then look to diversify and seek higher returns in altcoins. New Narratives and Technological Breakthroughs: The crypto space is constantly innovating. New sectors like DeFi, NFTs, GameFi, Layer 2 solutions, or specific blockchain ecosystems (e.g., Solana, Avalanche, Polkadot) can gain traction, attracting significant capital and driving the prices of their native tokens. Retail Investor Influx: Altcoin Season is often fueled by a surge in retail investor interest. As Bitcoin’s price climbs and captures mainstream attention, new money flows into the market, and these new participants often gravitate towards cheaper altcoins with the potential for higher percentage gains. Capital Rotation: This is a key concept. As Bitcoin’s rally matures, smart money often rotates out of Bitcoin and into large-cap altcoins, then mid-cap altcoins, and finally small-cap altcoins, creating successive waves of rallies. Macroeconomic Conditions: A ‘risk-on’ environment in traditional finance, characterized by low interest rates and high liquidity, can also spill over into the crypto market, encouraging speculation in higher-risk, higher-reward digital assets like altcoins. Recognizing the signs of an impending Altcoin Season – such as Bitcoin’s price stabilizing after a strong run, increasing trading volume in altcoins, and a general shift in sentiment – can be incredibly profitable. However, it also comes with increased risk due to the higher volatility of altcoins. Strategic Moves for Your Digital Assets Portfolio Understanding whether we’re in Altcoin Season or Bitcoin Season is not just academic; it’s foundational to effective portfolio management. Your strategy should adapt to the prevailing market winds. Here are some actionable insights: During Bitcoin Season (like now): Accumulate Bitcoin: Consider dollar-cost averaging into Bitcoin. Its relative stability and consistent leadership make it a strong foundational asset. Selective Altcoin Bets: If you must hold altcoins, focus on those with strong fundamentals, active development, clear use cases, and robust communities. Avoid highly speculative, unproven projects. Risk Management: Reduce exposure to highly volatile altcoins. Consider setting stop-losses or taking profits on altcoins that have already run up. Research Deeply: Use this quieter period to research potential altcoin gems for the next Altcoin Season. Understand their technology, tokenomics, and team. Preparing for Altcoin Season: Diversify Wisely: Once the signs of an impending Altcoin Season appear, gradually diversify your portfolio beyond Bitcoin into a curated selection of promising altcoins. Don’t just chase pumps. Tiered Approach: Start with established large-cap altcoins (e.g., Ethereum, Solana, Cardano), then move to mid-caps, and finally, cautiously, to small-caps with high growth potential. Profit Taking: Have a plan for taking profits. Altcoin Season can be exhilarating, but it’s also prone to sharp corrections. Don’t be afraid to sell a portion of your holdings as they reach your target prices. Stay Informed: Follow market news, project updates, and on-chain analytics closely. Narratives shift quickly in crypto. Remember, the goal is not to perfectly time the market but to align your strategy with its dominant trend. A well-diversified portfolio, coupled with a keen eye on the Altcoin Season Index and other indicators, can significantly improve your chances of success. Beyond the Index: Other Indicators to Watch in the Crypto Market While the Altcoin Season Index is an excellent tool, it’s just one piece of the puzzle. A holistic understanding of the crypto market requires looking at several other key indicators: Bitcoin Dominance Chart: This chart shows Bitcoin’s market capitalization as a percentage of the total cryptocurrency market capitalization. A rising dominance suggests Bitcoin Season, while a falling dominance often precedes or accompanies Altcoin Season. Total Crypto Market Cap (Excluding BTC): Tracking the total market capitalization of all cryptocurrencies excluding Bitcoin can give you a clearer picture of altcoin health and growth. On-Chain Metrics: Indicators like active addresses, transaction volume, exchange inflows/outflows, and miner behavior can provide insights into network usage and investor sentiment. Macroeconomic Factors: The broader economic landscape (inflation rates, interest rate decisions by central banks, geopolitical events) can significantly influence investor appetite for risky assets like cryptocurrencies. Fear & Greed Index: This index measures current market sentiment. Extreme fear can signal buying opportunities, while extreme greed might suggest caution. News and Narratives: Keep an eye on major news events, technological breakthroughs, regulatory developments, and emerging narratives (e.g., AI in crypto, Real World Assets – RWAs) that can drive specific sectors or coins. Challenges and Considerations: Backward-Looking: The Altcoin Season Index is based on past performance (90 days), meaning it tells you what has happened, not what will happen next. It’s a guide, not a crystal ball. Volatility: The crypto market is inherently volatile. Even during a defined season, unexpected events can cause significant price swings. Individual Project Risk: Not all altcoins will perform well during Altcoin Season. Many will fail. Thorough due diligence on individual digital assets is crucial. Market Manipulation: Smaller altcoins can be more susceptible to pump-and-dump schemes. Conclusion: Navigating the Seasons of the Crypto Market The Altcoin Season Index provides a valuable lens through which to view the ever-evolving cryptocurrency landscape. Its current reading of 27 clearly signals that we are in a period where Bitcoin is leading the charge, influencing the performance of other digital assets . While the allure of massive gains during Altcoin Season is strong, understanding and adapting to the current Bitcoin-dominated environment is key to protecting and growing your portfolio. By combining the insights from the Altcoin Season Index with other crucial market indicators, diligent research, and a disciplined approach to risk management, investors can navigate the exciting, yet challenging, seasons of the crypto market more effectively. Whether it’s a time for Bitcoin accumulation or altcoin exploration, staying informed and strategic is your best asset. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Altcoin price action.
XRP surged to a seven-week peak above $2.39 on July 10, driven by heightened investor interest and a notable rise in large wallet holdings. Data from Santiment reveals a growing