Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales. Immutable (IMX) fell to $0.495…

Immutable price drops even as Guild of Guardians NFT sales jump

US authorities confiscated massive drug quantities and dismantled meth labs 
nationwide while pursuing crypto-linked cartel operatives.

DEA, FBI bust Sinaloa cartel, confiscate $10M in cryptocurrency

The altcoin season has remained elusive because Bitcoin has continued to 
dominate the market. Even now, the largest cryptocurrency by market cap is 
still in the lead and continues to determine the direction of the rest of the 
crypto market. However, there is a turn in the tide coming as more altcoins 
begin to play catch-up. In particular, the coins in the list of Top 100 
altcoins by market cap look to be on the verge of ushering in the next altcoin 
season. Altcoin Season Index Fires Into The Green The Altcoin Season Index is 
an index that charts the performance of the Top 100 altcoins by market cap 
against the performance of Bitcoin to determine when the altcoin season is in 
full bloom. This index, which goes from 1-100, is ranked by how many top 100 
altcoins are outperforming BTC over a 90-day period, and when this figure 
rises to the 75% mark, it often signals that the altcoin season has begun. 
Related Reading: Bitcoin Is Not Stopping At $123,000 — Technical Indicators 
Point To $140,000 Top Over the last few months, altcoins have performed quite 
terribly in comparison to Bitcoin, and this has led to the Altcoin Season 
Index dropping toward peak lows. The index hit a score of 12 back in June 
2025, showing that only 12 altcoins had outperformed Bitcoin over the 90-day 
timeframe. During this time, the Bitcoin dominance also rose rapidly, reaching 
as high as 66%, and signaling that most of the attention was on BTC during 
this time. However, the month of July has come with good tidings for the 
altcoin market as the index has seen its score more than double from its June 
lows. According to data from CoinMarketCap, the Altcoin Season Index has now 
crossed a score of 30. It also shows that during this time, 32 coins have 
outperformed Bitcoin’s 40% increase in the last three months. Interestingly, 
the meme coins are once again leading the rally with the likes of PENGU and 
MemeCore rallying over 500% in the 90-day period. HyperLiquid’s HYPE has also 
performed quite well, with CoinMarketCap data showing it has risen more than 
230% in 90 days. Bitcoin Dominance On The Verge Of Collapse? So far, the 
Bitcoin dominance has maintained its position in the 60th percentile, and this 
has remained so for the last 90 days. However, over the last two weeks, there 
has been enough decline in the dominance to spark a ray of hope among 
investors, and that is a 3% drop toward 63%. Related Reading: Prepare For 
ATHs: ‘XRP Train Has Left The Station – Analyst Going by historical 
performance, though, the Bitcoin dominance would need to drop much more than 
this for altcoin season to begin in full bloom. For example, back in 2017, the 
Bitcoin dominance crashed from above 95% to around 50% before the altcoin 
season began. Again, in 2017, the dominance fell from above 70% to around 41% 
before the altcoin season began. Going by this trend, the Bitcoin dominance 
would need to see a drop back into the 40% region, and possibly the 30% 
region, for the altcoin season to really take hold. But as long as the 
dominance remains high, then Bitcoin would continue to lead the market, and 
altcoins could continue to struggle. Featured image from Getty Images, chart 
from TradingView.com

Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next?

PayPal&#8217;s Paxos-powered stablecoin, PYUSD is offering rewards for holders who 
hold at least 1 PYUSD in their Cryptocurrencies Hub. The stablecoin has also 
launched on the Arbitrum chain. According to the latest update on the payment 
firm&#8217;s cryptocurrency terms and…

PayPal launches PYUSD rewards program and expands into Arbitrum

At least 50% of US states have strong congressional representative support on 
blockchain policy, while 36% have an active pro-crypto task force.

Arizona, Texas, Utah are leading in US crypto policy: Chainlink

Ethereum, the second-largest crypto asset, has been in a strong uptrend over 
the past week, rallying alongside the broader market. While much of the uptick 
has been tied to positive investor sentiment and favorable U.S. regulatory 
outlook, new data points…