CoinGlass's Altcoin Season Index has climbed to 58, indicating increasing capital flow from Bitcoin to altcoins, though not yet confirming a full altcoin season which requires a reading above 75. Bitcoin dominance has fluctuated between 54% and 58%, showing some volatility as altcoins gain market share, especially in yield-bearing tokens and the Solana ecosystem. Institutional interest in altcoins like Ether, Solana, and XRP is rising, but the rotation is selective rather than broad-based. The market awaits further Bitcoin dominance decline to confirm a genuine altcoin season.
Ethereum wallets holding over 1000 ETH reduced their holdings by 2.9% from May to August, trimming 1.7 million coins. Meanwhile, smaller wallets holding 1 to 10 ETH increased their share, indicating retail accumulation. Staked ETH also rose to a reco...
Venice Token (VVV) has surged 11% in 24 hours following a breakout from its consolidation pattern, with the $21 pennant pole as the next key target. This rally is supported by Veil’s Multi-Asset Pool launch on Base, which includes VVV among its suppo...
The final significant IPO of August was priced this week, accompanied by a direct listing and two SPAC offerings. Defense technology company Lyntris priced its downsized IPO below the expected range. The IPO market is expected to remain quiet next we...
Canada halted trade negotiations with the US, citing unfair last-minute changes to the proposed terms. This decision came as the US prepared to impose 50% tariffs on $28 billion of Canadian goods. Canada responded by matching these tariffs and plans ...
SharpLink Gaming has staked 39,319 ETH, worth about $91 million, boosting its position as the second-largest institutional holder of Ethereum after BitMine. This move follows the company's strategic pivot in mid-2025 from sports betting marketing to ...
