Altcoin Season Dead? Bitcoin Throws Shade, Index Hints at Plot Twist!

Altcoin Season Index Chart

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.”

Pakistan’s Crypto Revolution: New Regulatory Body Launched! 🇵🇰🚀

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.”

Crypto’s New Era Unleashed

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 🌎.