Altseason On Hold As Bitcoin Dominance Set For Surge – Details

Bitcoin's price has jumped 9% in a week, shaking off recent volatility and flirting with key resistance levels. Analysts are buzzing because a classic "STH capitulation" signal—historically a precursor to big rallies—has appeared. While nothing's guaranteed, crypto traders are watching closely for a potential surge past Bitcoin's all-time high.

Editor’s Note: If history repeats itself, this could be the calm before a major Bitcoin bull run. For investors, it’s a signal to pay attention—but also a reminder that crypto remains unpredictable. The broader market often follows Bitcoin’s lead, so this isn’t just about one asset; it could ripple across the entire space.

A crypto developer’s wild prediction is stirring up chatter—Chad Steingraber, a game dev and XRP enthusiast, claims the token could skyrocket to $20,000 someday. That’s a jaw-dropping leap from its current price of around $2, and while it’s fueled by theories about big banks and tokenized assets, most folks are treating it with a heavy dose of skepticism. The idea isn’t new (it first popped up in 2022), but its revival is getting attention—and eye rolls—in equal measure.

Editor’s Note: Look, crypto hype is nothing new, but a $20,000 XRP price tag is the kind of moonshot that’s either genius or delusional. It matters because these bold claims can sway investor sentiment, even if they’re far-fetched. For now, it’s more of a conversation starter than a financial forecast—so don’t bet the farm on it.

Bitcoin and crypto are gaining serious traction in Latin America, with two standout stories this week. Meliuz, a Brazilian rewards platform, saw its stock surge after integrating Bitcoin payments—a sign that companies are betting big on crypto adoption. Meanwhile, Bolivia, which had previously banned crypto, is now seeing sky-high adoption rates as citizens turn to digital assets amid economic instability.

Editor’s Note: Latin America’s crypto boom isn’t slowing down. For companies like Meliuz, embracing Bitcoin is paying off, literally—investors are clearly optimistic. And Bolivia’s shift from banning crypto to embracing it shows how economic pressures can push people toward alternatives when traditional systems falter. This isn’t just niche finance news; it’s a glimpse into how entire regions are rethinking money.

Crypto enthusiasts keep tossing around the phrase "Bitcoin is the hurdle rate," but what does it actually mean? In simple terms, it’s saying Bitcoin has become the gold standard for judging other investments—if something can’t outperform Bitcoin, maybe it’s not worth your money. The idea is gaining traction in crypto circles, though it’s often thrown around without much explanation.

Editor’s Note: Whether you’re deep into crypto or just watching from the sidelines, this phrase captures how Bitcoin’s dominance is reshaping how people think about risk and reward. If even seasoned investors start treating Bitcoin as the baseline, it could push more money into crypto—or leave other assets struggling to compete. Either way, it’s a sign of how much the financial world is changing.

The Hack Seasons Conference, a major gathering for tech innovators, investors, and venture capitalists, is heading to Cannes—a glamorous upgrade from its usual locations. Dubbed the "ultimate brainport," the event promises to be a hotspot for networking, collaboration, and cutting-edge ideas in the tech and startup world.

Editor’s Note: This isn’t just another conference—it’s a signal that the tech and investment world is leaning into high-profile, high-energy gatherings to spark innovation. Moving to Cannes adds a touch of prestige, which could attract even bigger names and deals. For builders and backers, it’s a chance to rub elbows in a setting that blends business with a bit of glitz.