Yes, my dear friends, the Bitcoin and Ethereum gods are seemingly getting ready for an epic ascent, just in time for presale tokens like Best Wallet Token ($BEST), SpacePay ($SPY), and Snorter Token ($SNORT) to ride their coattails. Imagine this: The crypto train is speeding up, and presales are waving their tickets to get on board. 🚀
The Altcoin Season Index, which purports to be a useful tracker rather than a glorified game of “Hot or Not” for cryptocurrencies, pits the top 50 altcoins against the eternal heavyweight that is Bitcoin. If most of these altcoins are doing better than Bitcoin over 90 days, it’s “Altcoin Season! 🎉” (The kind of party where everyone hopes their bags are packed with winners, and not, say, celery). If Bitcoin is still flexing over the altcoins, it’s still “Bitcoin Season”—which is basically every other Tuesday, plus most days ending in “y.”
Meanwhile, questions linger over whether the Pi Network is honest about the number of nodes it runs. One can almost hear the echo of a distant, “What ho, old bean!” from the crypto community.
Table of Contents (Or, The Karamazovian Confusion)
According to a report by Dawn, PVARA will also ensure compliance with international standards, like the Financial Action Task Force (FATF) guidelines. This announcement follows a late May endorsement from Pakistan’s Ministry of Finance, which believes the country “must regulate not just to catch up, but to lead.”
In a recent CryptoQuant Quicktake post, an analyst discussed the latest trend in the Bitcoin NVT Golden Cross. This indicator is based on the NVT Ratio, which compares the market cap of the cryptocurrency to its transaction volume.
According to some data shared by Circle’s Patrick Hansen, the European Securities and Markets Authority (ESMA) has given the green light to a bunch of crypto-native firms, TradFi giants, and fintech platforms to operate across all 30 European Economic Area (EEA) countries. Because, you know, borders are so last season 🌎.
Where will this feud end up?
Supporters, no strangers to a little risk (or a large wager), have hurled their funds into the eternal fray of perpetuals. Such feverish activity is, predictably, stirred by an ecosystem update, the details of which are perhaps best understood by one’s second cousin who “does something with computers.”
In addition, the decentralized finance (DeFi) protocol has posed tough competition to both networks in terms of fees, challenging their long-held positions.
