Altcoin Seasons Likely to Lose Strength in Future, Analyst Predicts
Altcoin seasons are expected to persist, appealing to speculative traders, but their impact will likely decrease as the crypto market matures, according to analyst Willy Woo. “Alt seasons will be weaker each cycle compared to the massive 2017 altcoin bubble,” Woo shared in an Oct. 26 post on X, referencing the initial coin offering (ICO) […]
Tether CEO Explains the Reserves Supporting the Stablecoin
At the PlanB conference in Lugano, Switzerland, Tether’s CEO Paolo Ardoino addressed recent claims regarding the firm’s asset reserves, following reports of alleged investigations by U.S. authorities, including the Department of Justice and the Treasury. Ardoino clarified that Tether holds significant assets backing its USDt stablecoin, including approximately $100 billion in U.S. Treasuries, over 82,000 […]
Artist Reveals 21-Month Effort Behind Lugano’s Satoshi Statue
In Lugano, Switzerland, a new statue honoring Bitcoin’s founder, Satoshi Nakamoto, was revealed recently. Taking 18 months of research and three months of building, artist Valentina Picozzi says it was designed to connect people to Bitcoin culture through art. The statue features a faceless figure on a laptop that appears differently based on the viewer’s […]