News section

BitMEX co-founder and major crypto influencer Arthur Hayes is betting big on an imminent altcoin season. from Arkham Intelligence shows that wallets associated with Hayes have been significantly increasing their altcoin holdings, with a clear focus on Ethereum (ETH), Lido DAO (LDO), and Pendle (PENDLE).

Bitcoin has soared to a new all-time high of $123,250, gaining nearly 39% in the last three months and leading the broader crypto market higher. However, with the market now experiencing a slight pullback, it could be a smart time to look beyond Bitcoin and consider which altcoins are showing the most strength. Bitcoin and three altcoins that may be worth stacking during this dip.

The National Bank of Kazakhstan (NBK) just announced it’s studying the creation of a state crypto-reserve, possibly housed under a central bank affiliate. Reports suggest that it will adopt a sovereign-fund-style governance model, meaning transparency in accounting, secure custody, and sustainable allocation.

The latest US inflation numbers are out, and they’re better than expected. The Consumer Price Index (CPI), which shows how fast prices are rising, than many thought. After the news, stock and crypto markets saw a small jump, and interest rates dropped a little.

The crypto market is showing strong activity again as Bitcoin reaches a new all-time high of $111,861 and its market dominance keeps rising. This has raised hopes for a possible altcoin season — a period when altcoins outperform Bitcoin.