Bitcoin hits a record high, sparking predictions of the biggest altcoin season in history, with a major market cap increase expected.
The much-awaited 'altcoin season' might already be here, as data shows altcoins beginning to outperform Bitcoin. However, memecoins and ETFs have altered the market dynamics, prompting a rethink of what constitutes an altcoin season.
Ethereum experiences a price surge past $3,600, fueled by a $43 billion trading volume. This rise indicates strong market interest and possibly heralds an altcoin season. The Altcoin Season Index approaches a significant threshold, while bullish sentiment persists, suggesting further upward momentum toward Ethereum's year-to-date high.
Bitcoin’s market dominance declines by 2% as altcoins see increased demand. However, the momentum behind this shift weakens, with TOTAL2 and various indicators suggesting a slowed market activity and potential downtrend.
Gate Ventures and The Blockchain Center in Abu Dhabi launch Falcon Gate Ventures, a $100 million fund to boost global blockchain innovation.
Gate Ventures and the Blockchain Center team up to launch Falcon Gate Ventures, a $100 million fund focused on global blockchain innovation.
The Altcoin Season is losing momentum as Bitcoin’s price increases, delaying the rise of altcoins due to market conditions and low liquidity.
Gate.io will launch a $100M innovation fund with the Blockchain Center in Abu Dhabi to advance decentralized infrastructure and blockchain adoption.
