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Why is Humanity Protocol (H) Skyrocketing? Here’s What You Need to Know!
The post Why is Humanity Protocol (H) Skyrocketing? Here’s What You Need to Know! appeared first on Coinpedia Fintech News In times when the crypto market appears strong, despite resistance, some altcoins like Humanity Protocol are gaining immense strength. The token has undergone a U-shaped recovery, with a massive rise in volume hinting at a significant increase in investor interest in the token, which has propelled the price above the bearish influence. The Humanity Protocol (H) price has risen over 125% in the past 24 hours, and here’s why it surged rapidly. KuCoin Listing Triggered a Strong Buzz The single biggest factor behind the spike in the price of Humanity Protocol is the KuCoin listing on June 25, 2025. Listing on a Tier-1 exchange like KuCoin is often a game-changer for altcoins. It introduces high liquidity, massive trading exposure and global user access for the crypto. Before the listing, H was mainly accessible through faucets and private allocations. Once the listing went live, millions of traders suddenly had access to it, creating instant demand for crypto. As a result, over $220 million in trading volume within a day was recorded with a huge jump in price. Fairdrop Airdrop Plus Community Hype Humanity Protocol ran one of the most talked-about airdrops of the year before the listing, called the Fairdrop. Participants who verified their ‘Proof-of-Humanity’ by interacting with the testnet and palm biometrics were promised a share of $H tokens. This drove over 9 million users to create wallets, constant Twitter/X buzz and a competitive push for faucet claims. Even though the airdrop had its share of controversy, as many users didn’t get rewards or were flagged as bots, it generated massive interest and social validation. And that attention carried over directly to the token’s launch on KuCoin. Many Fairdrop recipients rushed to claim and trade their tokens, while spectators jumped in expecting future value. Proof-of-Humanity Gaining Traction The Humanity Protocol isn’t just another memecoin or hype token, as it’s trying to solve a real problem in the digital age, which is to verify that you are a real human online without compromising privacy. This could occur through palm biometrics instead of iris scans, which is a gentler alternative to Worldcoin. Secondly, through Zero-Knowledge proofs (ZKPs) to protect personal data and a decentralized network on zkEVM. As AI bots flood social media and fake identities rise in crypto, tools like Humanity Protocol are being seen as a future-proof solution. That larger narrative is driving more investors to explore the H token, not just as a quick flip but as a potential cornerstone of Web3 identity. Collectively, Humanity Protocol’s recent price spike is impressive but not entirely unexpected. It’s a result of a perfect storm—a major listing, a hyped community, and a growing need for real human verification in Web3. Conversely, if the team delivers on their roadmap and builds trust around their biometric systems, $H might evolve from a pump-to-pump token into a serious Web3 infrastructure layer.

coinpedia 2025-06-30 11:51
Bitcoin Exchange Binance Announced That It Will Fully Support This Altcoin's Network Upgrade and Hard Fork Process! Here Are the Details
Binance, one of the world's largest cryptocurrency exchanges, announced that it will fully support the network upgrade and hard fork process that will take place on the Polygon (POL) network. Binance to Support Polygon (POL) Network Upgrade and Hard Fork According to the statement made by the company, as of July 1, 2025 at 11:10 UTC, all token deposits and withdrawals on the Polygon network will be temporarily suspended. This step is being taken to ensure that users have the best experience and the technical process runs smoothly. The network upgrade and hard fork is expected to occur at block height 73,440,256, approximately July 1, 2025 at 12:10 UTC. Binance stated that trading of tokens on the POL network will not be affected during the upgrade process. Users will be able to continue trading without interruption. Additionally, all aspects of the technical process will be handled automatically by Binance on behalf of users, meaning there is no need for users to take any action. After the successful completion of the network upgrade, deposits and withdrawals will be automatically reopened after the network is confirmed to be stable. Binance stated that it will not be making any new announcements regarding this process. This development aims to implement improvements to the Polygon network with minimal impact on Binance users. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announced That It Will Fully Support This Altcoin's Network Upgrade and Hard Fork Process! Here Are the Details

BitcoinSistemi 2025-06-30 11:51
Altcoin Season Awaits: Decoding Crypto Market Cycles Amidst Bitcoin Dominance
BitcoinWorld Altcoin Season Awaits: Decoding Crypto Market Cycles Amidst Bitcoin Dominance Are you feeling the chill of a ‘crypto winter’ for altcoins, or is it just a temporary shift in the wind? The latest reading from the Altcoin Season Index, a crucial metric tracked by CoinMarketCap (CMC), provides a clear answer: at 22 on June 30, 00:35 UTC, the market is firmly in what’s known as Bitcoin Season . But what does this mean for your portfolio, and when can we expect the tides to turn for Altcoin Season ? Understanding the Altcoin Season Index: Your Compass for Crypto Market Cycles The Altcoin Season Index isn’t just a random number; it’s a sophisticated tool designed to give investors a snapshot of the broader cryptocurrency landscape. Developed by CoinMarketCap, this index helps us understand whether Bitcoin or the broader altcoin market is currently leading the charge. Here’s a closer look at how it works and why its current reading of 22 is significant: What it Tracks: The index meticulously compares the performance of the top 100 cryptocurrencies by market capitalization (excluding stablecoins and wrapped tokens) against Bitcoin over the past 90 days. This 90-day window provides a robust, short-to-medium term perspective on market leadership. The Scorecard: Ranging from 1 to 100, the index paints a clear picture. A score above 75 indicates Altcoin Season, meaning 75% or more of the top 100 altcoins have outperformed Bitcoin. Conversely, a score of 25 or below signals Bitcoin Season, where 25% or fewer altcoins have managed to outshine Bitcoin. Current State: With the index at 22, it’s a strong confirmation that Bitcoin has been the dominant performer over the last three months. This period has seen capital flow predominantly into Bitcoin, often at the expense of altcoins, which tend to be more volatile and higher risk. For investors navigating the often-turbulent waters of the crypto space, understanding this index is akin to having a compass. It doesn’t predict the future, but it accurately reflects the present state of market dominance , guiding your strategic decisions. Decoding Bitcoin Season: Why Bitcoin Dominates the Cryptocurrency Market When the Altcoin Season Index dips below 25, we officially enter Bitcoin Season . This period is characterized by Bitcoin’s strong performance relative to most altcoins. But what drives this phenomenon, and why does the king of crypto often reclaim its throne? Several factors contribute to Bitcoin’s dominance during these periods: Safe Haven Appeal In times of market uncertainty, whether due to macroeconomic instability, regulatory concerns, or general risk aversion within the crypto space, investors often flock to Bitcoin. It’s perceived as the most established, liquid, and secure cryptocurrency, acting as a ‘digital gold’ or a safe haven asset. This flight to quality strengthens Bitcoin’s price while altcoins, being inherently riskier, see outflows. Institutional Interest Institutional adoption and investment often begin with Bitcoin. Large financial players, hedge funds, and corporations typically gain exposure to crypto through Bitcoin ETFs, futures, or direct purchases before venturing into the more speculative altcoin market. Increased institutional capital inflows disproportionately boost Bitcoin’s price and market capitalization. Halving Cycles Bitcoin’s programmatic supply shock, known as the halving, occurs approximately every four years. Historically, these events precede significant bull runs for Bitcoin. The reduced supply of new Bitcoin often leads to price appreciation, which can pull the entire market up, but Bitcoin usually leads the initial charge, drawing capital away from altcoins. Liquidity and Network Effect Bitcoin boasts the highest liquidity and the strongest network effect in the crypto space. This makes it easier to buy and sell large quantities without significant price impact, attracting more capital. Its widespread acceptance and robust infrastructure further solidify its position as the primary entry point for new capital into the crypto market. During Bitcoin Season, it’s common to see Bitcoin’s market dominance percentage (its share of the total crypto market cap) rise. This doesn’t mean altcoins can’t perform, but their gains are often less significant or more isolated compared to Bitcoin’s broad-based strength. The Allure of Altcoin Season: When the Tide Turns for Cryptocurrency Investing While we’re currently in Bitcoin Season, the crypto market is cyclical, and the allure of Altcoin Season is always present. This highly anticipated phase is when a vast majority of altcoins not only perform well but significantly outperform Bitcoin. It’s often where the most substantial percentage gains are made for those engaged in strategic cryptocurrency investing . What triggers the shift from Bitcoin dominance to an altcoin surge? Risk Appetite Returns After a period of Bitcoin-led growth, investors often gain confidence in the broader market. As Bitcoin’s price stabilizes or sees some profit-taking, capital tends to cascade down into altcoins. This happens as investors seek higher returns, willing to take on more risk for potentially larger gains. Technological Innovation and Narratives Altcoin Season is frequently fueled by new technological breakthroughs, burgeoning ecosystems (like DeFi, NFTs, Layer-2 solutions, AI, GameFi), or compelling narratives. Projects that offer novel solutions, scalability, or real-world utility can attract significant investment and user adoption, leading to exponential price growth. Lower Market Cap Potential Smaller market cap altcoins have a much higher potential for percentage growth compared to Bitcoin. A relatively small influx of capital can significantly move their prices, leading to rapid appreciation. This ‘penny stock’ appeal attracts speculative capital looking for 10x, 100x, or even 1000x returns. Ecosystem Development As various blockchain ecosystems mature (e.g., Ethereum, Solana, Avalanche, Polkadot), their native tokens and associated DeFi protocols, dApps, and NFTs gain traction. This organic growth within specific ecosystems can lead to concentrated rallies for their respective altcoins. Altcoin Season is characterized by widespread green charts across the board, with many projects seeing double-digit or even triple-digit gains in short periods. It’s a time of excitement and opportunity, but also heightened risk due to increased volatility and the potential for rapid corrections. Navigating the Cycles: Investment Strategies for Every Season Understanding whether you’re in Bitcoin Season or Altcoin Season is crucial for optimizing your cryptocurrency investing strategy. Different market environments call for different approaches to maximize gains and minimize risks. Here are some actionable insights: Strategies for Bitcoin Season (Index When Bitcoin is leading, the focus should primarily be on accumulating Bitcoin or stable, large-cap altcoins with strong fundamentals. Accumulate Bitcoin: This is often the best time to dollar-cost average into Bitcoin. As the dominant asset, it tends to be the first to recover and often provides a solid foundation for your portfolio. Selective Altcoin Picks: Not all altcoins will perform poorly. Focus on large-cap altcoins with established ecosystems, strong development teams, clear use cases, and solid community support. These ‘blue-chip’ altcoins might follow Bitcoin’s lead or consolidate, offering good entry points. Focus on Utility and Fundamentals: Avoid highly speculative, low-cap altcoins. Instead, research projects that solve real-world problems, have tangible products, or are integral to a thriving blockchain ecosystem. Reduce Risk Exposure: Consider taking profits from highly volatile or speculative altcoins that might have seen a pump, and reallocate to Bitcoin or stablecoins. Strategies for Altcoin Season (Index > 75) When the index signals Altcoin Season, it’s time to consider diversifying and capitalizing on the broader market rally. Diversify Smartly: While diversification is key, avoid spreading yourself too thin. Focus on a select number of promising altcoins across different sectors (DeFi, NFTs, Layer 1s, Gaming, AI) that have strong narratives and potential. Identify Emerging Narratives: Stay abreast of new trends and technologies. Often, Altcoin Season is driven by specific narratives gaining traction. Being early to these can lead to significant gains. Profit-Taking Strategy: Develop a clear profit-taking strategy. Altcoin pumps can be parabolic and unsustainable. Set price targets or percentage gains at which you will sell a portion of your holdings to secure profits. Risk Management: Use stop-loss orders to protect against sudden downturns. The higher the potential gains, the higher the inherent risks. Never invest more than you can afford to lose. General Strategies for All Crypto Market Cycles Regardless of the season, some principles remain timeless for successful cryptocurrency investing : Do Your Own Research (DYOR): Never invest based on hype alone. Understand the technology, team, tokenomics, and competitive landscape of any project. Dollar-Cost Averaging (DCA): Regularly investing a fixed amount of money over time, regardless of price, can smooth out volatility and reduce the impact of market timing. Long-Term Vision: While short-term cycles offer trading opportunities, a long-term perspective often yields the best results in the crypto market. Identify projects with strong long-term potential. Stay Informed: Keep an eye on the Altcoin Season Index, Bitcoin dominance, and broader economic indicators. Market sentiment can shift rapidly. Beyond the Index: Other Factors Shaping Crypto Market Trends While the Altcoin Season Index is a powerful indicator, it’s just one piece of the puzzle. The broader crypto market trends are influenced by a multitude of interconnected factors. Understanding these can provide a more holistic view and enhance your investment decisions. Factor Description Impact on Market Cycles Macroeconomic Conditions Inflation rates, interest rate decisions by central banks, global geopolitical events, and traditional market performance (e.g., stock market indices). High inflation and rising interest rates can lead to a ‘risk-off’ environment, favoring Bitcoin (as a perceived inflation hedge) or stablecoins over altcoins. Economic recessions can dampen overall crypto enthusiasm. Regulatory Landscape New laws, government crackdowns, or clear regulatory frameworks from major economies (e.g., US, EU, Asia). Positive regulatory clarity can attract institutional investment and foster innovation, potentially boosting both Bitcoin and altcoins. Negative news can cause widespread sell-offs. Technological Advancements Breakthroughs in blockchain scalability (Layer 2s), new consensus mechanisms, privacy solutions, or interoperability. Significant tech advancements can create new narratives and drive altcoin rallies, especially for projects leading these innovations. Adoption and Utility Real-world use cases for cryptocurrencies and blockchain technology, increased user adoption of dApps, DeFi protocols, or NFT platforms. Growing adoption signals fundamental value, supporting long-term growth for specific altcoins and contributing to overall market maturity. Social Sentiment & Hype Public perception, social media trends, influencer activity, and mainstream media coverage. Can create short-term pumps and dumps, particularly for smaller altcoins. Strong positive sentiment can accelerate market rallies, while fear and doubt can trigger corrections. Monitoring these external factors alongside the Altcoin Season Index gives you a comprehensive view, allowing for more informed and resilient cryptocurrency investing strategies. Challenges and Opportunities in Market Cycles Every market cycle presents both challenges and opportunities. Understanding these can help you navigate the ups and downs of the crypto market with greater resilience. Challenges: Volatility: Both Bitcoin and altcoins are highly volatile. Rapid price swings can lead to significant losses if not managed properly. Emotional Investing: The fear of missing out (FOMO) during bull runs and panic selling during downturns are common pitfalls. Scams and Rug Pulls: Particularly during Altcoin Season, the proliferation of new projects can include fraudulent schemes designed to trick investors. Information Overload: The sheer volume of news, social media discussions, and technical analysis can be overwhelming, making it hard to discern reliable information. Regulatory Uncertainty: Evolving regulations can create sudden shifts in market sentiment and impact the viability of certain projects. Opportunities: Compounding Gains: Successfully navigating cycles by buying low and selling high (or taking profits) can lead to substantial wealth accumulation over time. Innovation Investment: The crypto market is at the forefront of technological innovation. Investing in groundbreaking projects can offer immense long-term returns. Democratization of Finance: Crypto offers opportunities for financial participation previously unavailable to many, fostering new financial paradigms. Learning and Growth: Engaging with the crypto market forces you to learn about technology, economics, and human psychology, providing valuable life skills. Conclusion: Preparing for What’s Next in Crypto Market Cycles The Altcoin Season Index at 22 clearly indicates that we are in a period dominated by Bitcoin. This Bitcoin Season is a natural part of the broader crypto market cycles , offering unique challenges and opportunities for those engaged in cryptocurrency investing . While altcoins may be taking a backseat for now, history shows that market sentiment can shift rapidly, and the vibrant energy of Altcoin Season will inevitably return. Successful navigation of these cycles hinges on a few key principles: staying informed with metrics like the Altcoin Season Index, understanding the underlying drivers of both Bitcoin and altcoin performance, implementing robust risk management, and maintaining a disciplined investment strategy. Whether you’re accumulating Bitcoin, researching the next big altcoin, or simply observing the evolving landscape, remember that patience and knowledge are your most powerful assets. By preparing for what’s next, you position yourself to thrive regardless of which season the crypto market brings. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency investing strategies. This post Altcoin Season Awaits: Decoding Crypto Market Cycles Amidst Bitcoin Dominance first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-06-30 11:20
Bitcoin Exchange Binance Announces Listing of Two New Altcoin Trading Pairs! Here Are the Details
Cryptocurrency exchange Binance announced that it will add two new spot trading pairs to its platform on July 1, 2025, in an effort to increase trading diversity and improve user experience. Binance Launches New USDC Trading Pairs and Trading Bot Services on July 1 According to the statement, LPT/USDC and RVN/USDC trading pairs will be available on July 1, 2025 at 11:00 UTC. Along with the new trading pairs, Binance is also expanding its Trading Bot support. Automated trading services will be enabled for the following pairs: LPT/USDC and RVN/USDC: Spot Algo Orders ARB/USDC: Spot Grid and Spot DCA Trading Bots allow users to make automatic trades according to set strategies and help them take advantage of market fluctuations more efficiently. Commission Discount on USDC Trading Pairs Binance also stated that it will continue to apply discounted trading fees (taker fees) indefinitely, valid for all existing and new USDC-based spot and margin trading pairs. This move is considered part of Binance’s strategy to increase the liquidity of USDC and encourage users to trade with this stablecoin. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces Listing of Two New Altcoin Trading Pairs! Here Are the Details

BitcoinSistemi 2025-06-30 11:08
Binance Expands Trading Options with New Crypto Pairs
Binance introduces new LPT/USDC and RVN/USDC trading pairs on July 1, 2025. Spot Algo Orders, Spot Grid, and Spot DCA services enhance trading strategies. Continue Reading: Binance Expands Trading Options with New Crypto Pairs The post Binance Expands Trading Options with New Crypto Pairs appeared first on COINTURK NEWS .

CoinTurk News 2025-06-30 11:06
Low HYPE demand follows Hyperliquid’s high DEX volume – Can bulls change this?
Mid-range resistance at $39.1 was breached, but HYPE bulls still appeared weak.

AMB Crypto 2025-06-30 11:00
CBDC Trials Delayed in South Korea as Local Banks Bet on Stablecoins
South Korea’s plans to expand testing of a central bank digital currency (CBDC) have been put on hold , as local banks shift their attention to stablecoins tied to the Korean won.

BitDegree 2025-06-30 10:58
LeverFi mints $13.7B LEVER tokens as Binance delisting looms
LeverFi rose to the spotlight last week after Binance announced it would delist it and four other altcoins on July 4, triggering mixed price performances in these tokens . While removal from a top trading platform hurts crypto projects, the latest blockchain transactions from LeverFi have magnified worries among LEVER holders. Notably, the protocol has minted 13.7 billion tokens days before the scheduled delisting. The move has raised questions about the potential effect on LEVER’s value, transparency, and timing. Nevertheless, the massive token issuance has increased LEVER supply to nearly 56 billion from 35 billion. While the minting matches the team’s May announcement about the LeverAI staking program, the close timing to the imminent delisting and movement of some of the new coins to Bybit and MEXC has sparked concerns among traders and holders. CryptOpus @ImCryptOpus · Follow EXCLUSIVE: 13.7 billion new $lever tokens were added to the leverfi chain, some of which were populated on the #bybit and #mexc exchanges. (the project side is starting to go bad) $LEVER #crypto 1:11 AM · Jun 29, 2025 5 Reply Copy link Read 1 reply LeverFi hasn’t communicated the motive behind the massive token minting as Binance’s delisting looms. LeverAI and supply cap surge The decentralized protocol announced LeverAI, an AI-powered automation and staking program, on May 15. The team confirmed it would increase the token supply from 35,000,000,000 to 55,786,500,000, with plans to support growth initiatives such as AI developments, ecosystem incentives, and staking rewards. Thus, the latest mint matches the planned tokenomics upgrade. However, the rollout comes amid bearish sentiments as enthusiasts brace for Binance delisting later this week. The absence of real-time updates from the team on the token allocation has intensified worries about the supply expansion. Some suggest that the partial deposit to Bybit could indicate an upcoming dump, especially with Binance ceasing support. However, proponents trust the move is part of liquidity redistribution as LeverFi explores other exchanges. Binance delisting fuels speculations Binance remains crucial for liquidity as it enhances visibility, accessibility, and volume. Therefore, removing support for LEVER means a significant blow. Binance users will no longer access LeverFi’s native token starting July 4, translating to lower exposure and reduced liquidity. Binance @binance · Follow Binance will Delist ALPHA, BSW, KMD, LEVER, LTO on 2025-07-04. 👉 binance.com/en/support/ann… 5:30 PM · Jun 26, 2025 615 Reply Copy link Read 311 replies The exchange delists projects that have failed to impress due to factors like unresponsive teams, lower ecosystem developments, and inactive communities. The LeverFi team should act accordingly to maintain the brand image by cementing its presence on different platforms. Moreover, the protocol has to justify the native token’s utility using the LeverAI program. Therefore, the team might have conducted the minted for optimistic purposes, including supporting AI-driven expansion, rewarding users, and backing staking pools. However, clarity from the team remains crucial to remove doubts among LEVER enthusiasts. LEVER price outlook Despite the increasing uncertainty, the native token gained over 3% in the previous 24 hours, likely driven by broad market rebounds. Chart by Coinmarketcap However, LEVER will unlikely sustain this rally amid the massive supply increase and delisting debates. It has lost over 20% of its value over the past seven days, reflecting fading market confidence and concerns about token dilution. However, LEVER’s long-term potential will depend on how the team responds to this pivotal moment. The post LeverFi mints $13.7B LEVER tokens as Binance delisting looms appeared first on Invezz

Invezz 2025-06-30 10:49
Ric Edelman Urges Financial Advisors to Consider Up to 40% Crypto Allocations
Veteran financial advisor Ric Edelman is challenging traditional portfolio guidance, asking advisors to recommend crypto allocations as high as 40%. Key Takeaways: Ric Edelman now recommends crypto allocations of up to 40%, a shift from his 1% guidance. He says Bitcoin’s mainstream adoption has resolved past uncertainties. Crypto’s uncorrelated performance can boost diversification. “Today I am saying 40%, that’s astonishing,” Edelman told CNBC’s Crypto World this week. “No one has ever said such a thing.” In his 2021 book The Truth About Crypto , Edelman suggested allocations as low as 1% were appropriate, reflecting the uncertainties that clouded the market just a few years ago. Edelman: Crypto’s Rise Justifies 40% Allocation Edelman, who leads the Digital Assets Council of Financial Professionals, said the dramatic change stems from what he described as the industry’s transformation. “Four years ago, we didn’t know if governments would ban Bitcoin, if the technology would fail, or if institutions would adopt it,” he said. “Today, all those questions have been resolved. It’s radically changed and is now a mainstream asset.” Signs of crypto’s mainstream arrival are evident in the surge of inflows into spot bitcoin ETFs, which have pulled in billions this year and are among the top-performing asset classes for new investments. The influx has put crypto firmly on the radar of advisors and institutional investors. Edelman also highlighted a broader trend reshaping investment strategy: the erosion of the traditional 60/40 portfolio split between stocks and bonds. Longer life expectancies, with projections suggesting people could live to 100 in coming decades, mean that retirees will need higher returns for longer periods. “Today’s 60-year-old is kind of like yesterday’s 30-year-old,” he said. “You need to get better returns than you can get from bonds and you need to hold equities longer than ever before.” In this environment, Edelman argued, crypto’s role becomes indispensable. He pointed out that Bitcoin’s price movements are uncorrelated with traditional assets, making it a powerful diversification tool that can enhance portfolio risk-adjusted returns. “The crypto asset class offers the opportunity for higher returns than you’re likely to get in virtually any other asset class,” he said. Edelman Calls Bitcoin Price Forecasts Conservative With some market watchers forecasting bitcoin prices could reach $150,000-$250,000 by year-end — and even $500,000 by the end of the decade — Edelman called these projections “conservative” compared to other bullish estimates. As reported, Shunyet Jan, Head of Derivatives at Bybit, has projected that Bitcoin could reach $125,000 by the end of Q2 if current trends persist. Likewise, crypto analyst Scott Melker has said he believes Bitcoin could surge to $250,000 by the end of 2025 , driven by institutional demand and a maturing market structure. Despite growing interest in Bitcoin, not everyone in traditional finance is convinced of its long-term staying power. As reported, Eric Semler, chairman of Semler Scientific, has said that many hedge funds remain skeptical about Bitcoin’s long-term viability, believing it may lose momentum after the Trump administration. The post Ric Edelman Urges Financial Advisors to Consider Up to 40% Crypto Allocations appeared first on Cryptonews .

cryptonews 2025-06-30 10:30
The Great Transfer of Wealth from Bitcoin to Altcoins Has Begun
Only 8% of altcoins (excluding stablecoins) have outperformed BTC over a rolling 90-day period. The overwhelming token dilution, narrative fatigue, and weakening buyer demand suggest altseason is on hold. Whenever the percentage of altcoins outperforming BTC drops to single digits, a major rally is seen. The altcoin market has reached a critical juncture. After two years of relentless underperformance against Bitcoin, altcoins are now showing a level of historic weakness that has, in the past, been the prelude to a major market reversal. Altseason loading… pic.twitter.com/sYgCmHNEv7 — Julien Bittel, CFA (@BittelJulien) June 28, 2025 Altcoin Weakness Hits a Historic Extreme Data shared by analyst Michael van de Poppe shows that only 8% of altcoins (excluding stablecoins) have outperformed Bitcoin over a rolling 90-day period, the lowest level in the past two years, and one of the weakest since 2019. “Right now, the #Altcoins are the heaviest underperforming vs. Bitcoin for the past 2 years,” van de Poppe noted, adding that the last bottom formations in June 2022 and June 2023 marked major altcoin rallies. Historically, when the percentage of ou… The post The Great Transfer of Wealth from Bitcoin to Altcoins Has Begun appeared first on Coin Edition .

Coin Edition 2025-06-30 10:30
XRP’s bullish setup – Examining odds of altcoin hitting its mid-term target
XRP may be close to a critical breakout as speculation rises, but weak network activity could limit upside.

AMB Crypto 2025-06-30 10:00
Squid Game Creator Says Billionaire Villains ‘Resemble Elon Musk’ in Season 3
Hwang Dong-hyuk, the creator of Netflix’s global hit Squid Game, says the series’ infamous billionaire VIPs increasingly mirror real-world oligarchs, with Elon Musk serving as a striking example. Key Takeaways: Squid Game creator Hwang Dong-hyuk said the show’s billionaire VIPs now resemble Elon Musk. In Season 3, VIPs shift from spectators to armed hunters. Hwang drew inspiration from global inequality and recent political unrest in South Korea for the show’s final season. In an interview with TIME published Friday , Hwang pointed to Musk’s larger-than-life persona and influence, noting, “Elon Musk is everywhere these days, right? Everybody talks about him… some of the VIPs do kind of resemble Elon Musk.” The comments come as Squid Game’s highly anticipated third and final season premiered on June 27, bringing the dystopian saga of deadly games and class warfare to a brutal conclusion. Squid Game’s VIPs Turn Hunters in Season 3 In the new episodes, the masked billionaires abandon their passive roles as spectators, donning pink soldier uniforms to actively hunt contestants with machine guns. Hwang told TIME that the VIPs’ evolution reflects his frustration with how today’s wealthiest figures have stepped into the spotlight, flaunting control over society. “In the past, those that really controlled the system were hidden behind the curtain,” he said. “It’s no longer the case… They willingly take their masks off, almost as if to declare, ‘We’re the ones running everything.’” The parallels with Musk are particularly striking in light of his soaring net worth, which currently stands at $409.8 billion — a sum surpassing the GDP of countries like Denmark and Malaysia. Tesla and SpaceX, Musk’s companies, have yet to comment on Hwang’s remarks. Can we just all agree who the real king of season three was? #SquidGame #SquidGame3 pic.twitter.com/ygedr2PvHp — Helen (@madnesspalace) June 29, 2025 Meanwhile, Musk’s public battles with former President Trump over a contentious $2.4 trillion spending bill, which he called a “disgusting abomination,” have kept him front and center in global headlines. Amazon founder Jeff Bezos also drew attention with a reported $46 million wedding in Venice, complete with 90 private jets, coinciding with Squid Game’s release weekend. Hwang said he was inspired by surging inequality, rising political polarization, and recent political turmoil in South Korea, where former President Yoon Suk-yeol declared martial law before leaving office . Korea’s FSC Eyes Spot Crypto ETFs As reported, South Korea’s Financial Services Commission (FSC) has presented a roadmap to the Presidential Committee on Policy Planning proposing the approval of spot crypto ETFs . The move came after President Lee Jae-myung’s campaign promise to modernize digital asset rules and boost opportunities for younger investors. The plan outlines implementation measures for spot crypto ETFs and regulatory frameworks for won-based stablecoins in the second half of 2025. Historically, the FSC blocked crypto ETFs over volatility and financial risk concerns, maintaining that cryptocurrencies were unsuitable as underlying assets. The post Squid Game Creator Says Billionaire Villains ‘Resemble Elon Musk’ in Season 3 appeared first on Cryptonews .

cryptonews 2025-06-30 09:56

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