Quantcast

Binance founder on rising altcoin interest: ‘Not sure how accurate it is, but it is ticking up'

CRYPTO NEWS AROUND THE GLOBE
Mercurity Fintech to build $200 million SOL treasury with backing from Solana Ventures Ltd.
Out with gold, in with Bitcoin: India's ultra-rich are betting everything on crypto
Trump’s media company reports $2B in Bitcoin after crypto bills pass US House
UK to sell $7.2 billion worth of Bitcoin (BTC)
BloFin Adds Apple Pay Support; An Even Smoother Crypto Buying Experience for Traders
Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person
Binance Launches TGE Bonding Curve with Four.Meme: Everything You Need to Know
Bernstein expects 'long and exhausting' crypto bull market with bitcoin to hit $200,000 by early 2026
Strategy bags another $472M in BTC as Bitcoin jumps to new highs
Bank of England puts a stop to stablecoins: here's why
UAE Golden Visa is ‘being developed independently‘ — TON Foundation
SEC Sets July Deadline for Solana (SOL) ETF Refilings, Clearing Path for Pre-October Approval
Robinhood's OpenAI-linked token drop triggers demand debate
US Secret Service cracks down on crypto scams
Donald Trump Signs His “One Big Beautiful Bill” Budget Law — What’s the Takeaway?
Crypto exchange OKX wants to go public on Wall Street
Federal Reserve removes 'reputational risk' from bank examinations in a 'win' against crypto debanking
India wants 30% of your crypto gains, but that’s not the worst part
This payment giant announces a stablecoin for 6 million merchants and 10,000 financial institutions
Bitcoin at $21 million by 2046? Michael Saylor revises his predictions upwards
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Geopolitical tensions: Gold soars, Bitcoin hesitates
Bitcoin on the rise, towards a new ATH likely
Gemini, Coinbase expected to secure EU licenses under MiCA — Report
Justin Sun lance une Tron Treasury Company avec le soutien de la famille Trump
Negative Rates Return to Switzerland as U.S. Faces Higher Yields. What Does it Mean for Bitcoin?
300 million euros: The Blockchain Group continues to raise funds to accumulate as many Bitcoins as possible
Quintenz says CFTC will need more funding if tasked with broader crypto oversight
These cryptocurrencies are experiencing a massive price increase!
This project combining stablecoin and Bitcoin (BTC) raises $500 million in less than an hour
All Crypto News Around The Globe
Binance founder on rising altcoin interest: ‘Not sure how accurate it is, but it is ticking up'
Web3/Crypto
Webp changpeng zhao
Changpeng Zhao, Founder for Binance | X

Changpeng Zhao, founder of Binance, indicated that interest in altcoins might be on the rise as CoinMarketCap's Alt Season Index shows an upward trend. However, he expressed uncertainty about the index's accuracy. This statement was made on X.

"CoinMarketCap has an Alt Season Index feature," said Zhao. "Not sure how accurate it is, but it is ticking up. FOMO season soon..."

Global altcoin markets have experienced renewed volatility in 2024, driven by technological innovation in decentralized finance and increased regulatory scrutiny, particularly in the U.S. and EU. According to CoinDesk, developments such as layer-2 blockchain solutions and AI-driven tokens have sparked both investor optimism and market fluctuations. Major regulatory actions have also pushed more traders toward niche and sector-specific altcoins.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

According to CoinMarketCap, the Alt Season Index in July 2024 showed that altcoins represented about 39% of the total crypto market cap. There were several "mini alt seasons" earlier in the year when multiple altcoins outperformed Bitcoin. This highlights how rapid shifts in investor sentiment can move large amounts of capital into and out of altcoins within weeks.

As reported by CryptoSlate, recent data from 2024 indicates that top-performing altcoins like Solana (up over 50%), Toncoin (up 72%), and Dogecoin (up 44%) have surpassed Bitcoin’s 35% and Ethereum’s 28% year-to-date gains. Despite this, Bitcoin and Ethereum continue to dominate overall market value and institutional investment.

According to Forbes, Changpeng Zhao, commonly known as CZ, is an entrepreneur who founded Binance in 2017. He quickly grew it into the world’s largest cryptocurrency exchange by trading volume. Zhao is widely recognized for his leadership in advancing blockchain technology and promoting financial inclusion globally, making him one of the most influential figures in the crypto industry. His innovative strategies and commitment to expanding crypto accessibility have earned him a reputation as a pioneer in digital finance.

Organizations Included in this History
Binance
More News

Binance expands off-exchange collateral services to include tokenized real-world assets

Binance has announced an expansion of its institutional off-exchange settlement services, introducing support for two tokenized real-world assets, USYC and cUSDO, which can now be pledged as collateral.

Jul 28, 2025

Co-founder of Ethereum: 'Almost exactly 50% of stake is voting to increase the L1 gas limit'

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit.

Jul 28, 2025

Executive Chairman of Strategy on bitcoin holdings: 'Strategy has acquired 6,220 BTC for ~$739.8 million'

Michael Saylor, executive chairman of Strategy, formerly known as MicroStrategy, announced on X that the company’s bitcoin holdings increased by 6,220 BTC, resulting in a year-to-date yield of 20.8 percent for 2025.

Jul 28, 2025

Binance founder on rising altcoin interest: ‘Not sure how accurate it is, but it is ticking up'

Changpeng Zhao, founder of Binance, indicated that interest in altcoins might be on the rise as CoinMarketCap's Alt Season Index shows an upward trend.

Jul 28, 2025

Chief market strategist of Creative Planning: 'Gold and Bitcoin are now the top-performing major assets so far in 2025'

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance to update collateral ratios for several assets under Cross Margin

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Binance founder on Sen. Warren comments: 'NYSE ≠ economy'