Ethereum $ETH continues to show strong momentum in the crypto market, making it a key player for traders. The ETH/BTC pair is particularly interesting as it reflects Ethereum's performance against Bitcoin. As DeFi and NFT projects expand on the Ethereum network, demand for ETH is likely to rise, potentially increasing its value compared to Bitcoin. Traders should watch for key support and resistance levels in the ETH/BTC chart to make informed decisions.

What Is Altcoin Season?

Altcoin season, also known as altseason, typically occurs when the prices of alternative cryptocurrencies soar significantly higher and outperform Bitcoin. Typically, a surge in market activity, trading volume, and overall bullish sentiment toward altcoins summarize the beginning of the altcoin season. It is important to note that altcoin season is not a fixed event and can vary in duration and intensity.

While altcoin season can offer investors lucrative profit opportunities, it does come with increased risks and market volatility. In order know what the best altcoins to buy are, you will need to fully understand the various dynamics of altcoin season, its triggers, and general indicators.

It is important to note that altcoin season and Bitcoin season represent two distinct phases in the cryptocurrency market cycle.

Firstly, Bitcoin season refers to periods when Bitcoin’s price experiences significant growth and dominance over altcoins. Bitcoin first surged to its old highs in March 2024 following the launch of several Bitcoin ETFs, and then all the way up to $99,574.60 post US elections. The first move saw Bitcoin almost double in value in just under two months, outperforming alternative cryptos in the process, while the last push to its all-time highs added to its dominance, which now sits at just above 60%.

In contrast, altcoin season occurs when altcoins surpass Bitcoin in terms of price appreciation and market capitalization. While Bitcoin season is often associated with a more stable market environment, altcoin season is characterized by heightened volatility and trading activity.

Tokens like Solana and meme coins like dogwifhat have seen substantial growth in recent months. However, the overall trading activity has been skewed toward Bitcoin as a result of the US Securities and Exchange Commission approving several Exchange-Traded Funds products.

#AltcoinMomentum

$BNB

The story of Binance is incredibly unique. This isn’t an instance of a startup finding its own place in an established market sector, rather, Binance has pioneered the development of a brand new market, laying the foundations for the rapid rise of Web3. In the latest episode of the Scale Lab Podcast, we spoke to Binance CEO Changpeng Zhao about how the business has helped open up the world of Web3 and cryptocurrency, and the unique challenges and responsibilities of being at the forefront of a sector that is ready to revolutionise our daily lives.

#MarketBuyOrHold?

"By dedicating my life to crypto assets and blockchain technology, I’ve made more money than I would have ever expected to make in my entire life — by a long shot.” — Jeremy Gardner

Jeremey Gardner fell in love with bitcoin when he realized that anyone in the world with an internet connection could send money to anyone else. Buying bitcoin in 2013, he dove deeper into the technology and began giving more and more to the cryptocurrency industry.

He founded The BlockChain Education network which is a nonprofit educating people about blockchain technology, he launched Augur which is a decentralised prediction market, and he shared a three-story house in San Francisco known as the 'Crypto-Castle' that was home to over 6 multi-millionaires.

“We’ve been told that it’s going to die so many times. And yet here it is, stronger than ever. I think there’s a certain sense of vindication if you were investing in this technology and people were calling you stupid for a long time,” Gardner said.

Standing under the San Francisco Bay Bridge as a successful investor.