Posts from the 'Quoted' Category

The Evolution of Altseason: From Speculation to Community-Driven Growth

The Evolution of Altseason: From Speculation to Community-Driven Growth

The Evolution of Altseason: From Speculation to Community-Driven Growth

The cryptocurrency market has long been defined by its cycles of boom and bust, with altseason serving as a hallmark of speculative trading. During these periods, a flood of new tokens would enter the market, leading to rapid price surges fueled by hype and short-term gains. However, as the industry matures, this era of speculative frenzy is gradually fading into the background.

In its place, a new trend is emerging—one that prioritizes community-driven tokens with strong cultural foundations. Investors are increasingly drawn to projects that offer more than just quick profits. Instead, they are seeking tokens backed by passionate communities and real-world utility. This shift marks a significant departure from the traditional altseason dynamic, signaling a more sustainable and focused approach to cryptocurrency investment.

The Rise of Belief-Driven Tokens

By 2025, the cryptocurrency market is expected to be shaped by two distinct trends: the persistence of speculative gambling on memecoins and the rise of belief-driven tokens. The latter represents a growing class of assets that thrive on the dedication and enthusiasm of their communities. These tokens, such as Dogecoin (DOGE), SPX6900, and GIGA, are not just investments—they are cultural movements.

Dogecoin, for instance, exemplifies the power of collective belief. Despite its origins as a joke, DOGE has built a fiercely loyal following, propelling its market cap to over $52 billion as of January 2025. This staying power is not just a result of hype but also consistent development and high-profile endorsements. Payment integrations like MyDogeWallet and support from influential figures like Elon Musk have helped solidify DOGE’s position as a long-term player in the market.

Similarly, Shiba Inu (SHIB) and Pepe (PEPE) demonstrate how grassroots enthusiasm can drive real-world utility. Shiba Inu’s Shibarium layer-2 network, for example, now processes over 3 million transactions monthly, showcasing the potential for community-driven ecosystems to evolve beyond mere speculation. For investors, the lesson is clear: tokens with entrenched, active communities are better positioned to weather market volatility and deliver sustained growth.

Fragmentation of Token Ecosystems: A New Challenge for Altseason

The rapid proliferation of crypto tokens, now exceeding 30 million, has fundamentally altered the market landscape. Platforms like Solana have emerged as leaders in token launches, thanks to their low fees and scalability, while Ethereum’s slower growth highlights its ongoing scalability challenges. At the same time, newer platforms like Base and Optimism are capitalizing on the demand for layer-2 solutions, further diversifying the ecosystem.

This explosion of token creation has fragmented the market, making it increasingly difficult for investors to identify quality projects. While the sheer number of tokens might suggest a thriving altseason, the reality is more nuanced. The majority of new tokens are either low-effort projects, memecoins, or remnants of past cycles. Only a small fraction stand out with solid fundamentals, capable teams, and real-world applications.

This shift underscores a key point: the altseason of the future will not be defined by the quantity of tokens but by their quality. Investors must now sift through the noise to find projects that meet minimum standards for effort and viability. As a result, the bar for success during altseason has been raised, favoring tokens with strong fundamentals and dedicated communities.

Implications for Investors: The Power of Community

For investors navigating this evolving landscape, the importance of community cannot be overstated. Tokens like Dogecoin and Shiba Inu have demonstrated that a loyal and active community can be a powerful driver of long-term value. These projects have moved beyond their memecoin origins to establish ecosystems that offer real-world utility and sustained growth.

Blockcast spoke to Anndy Lian, a best-selling book author: “The future of altseason isn’t about chasing the next big hype—it’s about finding tokens with real value, driven by communities that believe in their purpose. As the market matures, quality will always outshine quantity.”

Dogecoin’s integration of payment solutions and Shiba Inu’s development of the Shibarium network are prime examples of how community-driven projects can create lasting impact. Meanwhile, the rise of platforms like Optimism and Base highlights the growing demand for scalable, efficient solutions in the crypto space. For investors, the takeaway is clear: focusing on tokens with strong communities and real-world applications is a safer and more rewarding strategy in an increasingly fragmented market.

Conclusion: The Future of Altseason

The traditional concept of altseason, characterized by speculative trading and rapid price surges, is giving way to a more mature and focused market. As the cryptocurrency industry evolves, the emphasis is shifting toward tokens with strong cultural foundations and passionate communities. By 2025, the market is expected to be driven by belief-driven tokens that offer real-world utility and long-term potential.

For investors, this new era presents both challenges and opportunities. The fragmentation of token ecosystems has raised the bar for quality, making it essential to filter out low-effort projects and focus on those with genuine value. At the same time, the power of community has emerged as a critical factor in determining a token’s success. As the market continues to evolve, the future of altseason will be defined not by the quantity of tokens but by the strength of their foundations.

 

 

Source: https://blockcast.cc/the-evolution-of-altseason-from-speculation-to-community-driven-growth/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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Monetary Tightening And Slow Progress In Bitcoin Reserve Could Disrupt Current Bull Cycle

Monetary Tightening And Slow Progress In Bitcoin Reserve Could Disrupt Current Bull Cycle

As the US remains the key catalyst of cryptocurrency market sentiment, it could also be the one that could halt or slow its advance. This comes despite the efforts of President Donald Trump to introduce positive reforms to the digital assets industry.

Monetary Tightening Does Not Bode Well for Bitcoin

Bitcoin (BTC)—as with any other class—is reactive to monetary policies. Sentiment within its sector is particularly driven by events affecting the global reserve currency, the US dollar. Hence, the expected tightening in the fiat money’s liquidity could postpone Bitcoin’s expected climb to all-new heights within the foreseeable future.

Arthur Hayes, co-founder and former CEO of BitMEX, recently identified key events in the US that could put the brakes on the ongoing Bitcoin bull cycle. Borrowing some insights from Swiss investor and strategist Felix Zulauf, he indicated that the US fiscal deficit is declining. Meanwhile, the Treasury General Account (TGA), the government’s operating account, has increased its cash balance amid the national debt surpassing the US’ self-imposed debt cap of $36 trillion. In addition, he noted a reduction in foreign loans by US banks.

A decline in fiscal deficit is definitely a good economic indicator. It could hold the key to cutting down inflation based on the Economic Letter of the Federal Bank of San Francisco. However, its aggressive implementation could also mean less liquidity within the financial system.

In response to Hayes, Anndy Lian, author of several books about blockchain technology, stated that tighter control on the monetary supply could trigger an economic slowdown and higher borrowing costs. Moreover, it could lead to a more challenging environment for risk assets like crypto.

It’s worth noting that the previous bull cycles have been boosted by fiscal policies that resulted in more capital inflows in risk assets, such as Bitcoin and other cryptocurrencies. The looming scenario, including the increasing TGA balance and more restrictive foreign loans, could curb this effect.

Slow Progress in Proposed National Bitcoin Reserve

US AI and Crypto Czar David Sacks earlier confirmed that they are now studying the potential adoption of Bitcoin into the national reserve. Although the news signals significant progress in Trump’s campaign promise, many in the crypto community regard the latest developments to be slower than they initially expected.

For them, Trump’s win was almost a guarantee of the plan’s execution, considering that Senator Cynthia Lummis has already initiated the groundwork in Congress. Sack’s recent statement that they are still in the initial stage of studying such a prospect didn’t sit well with several Bitcoin advocates.

Bianco Research President Jim Banco echoed the same thoughts, saying, “Wait, Trump said he would do a BTC Reserve, not promise to ‘evaluate it.’” He added that Washington tends to use the term “evaluate” or “study” when it has not fully bought into the idea yet.

Trump’s executive order during his first day in office mentioned the creation of a “digital asset stockpile.” Still, some analysts interpreted the lack of reference for a Bitcoin reserve as a sign of hesitance in its execution.

 

Source: https://blockzeit.com/monetary-tightening-and-slow-progress-in-bitcoin-reserve-could-disrupt-current-bull-cycle/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Indian crypto holders face 70% tax penalty on undisclosed gains

Indian crypto holders face 70% tax penalty on undisclosed gains

Cryptocurrency traders in India may face significant tax penalties on previously undisclosed profits under new amendments to the country’s tax laws.

Cryptocurrencies will be included under Section 158B of the Income Tax Act, which reports undisclosed income, according to Indian Finance Minister Nirmala Sitharaman’s Union Budget 2025 announcement.

The amendment allows cryptocurrency gains to be subject to block assessments if not reported, placing them under the same tax treatment as traditional assets like money, jewelry and bullion.

Crypto will fall under the definition of Virtual Digital Assets (VDAs), according to the new amendment, which states:

“Crypto asset has been defined in section 2(47A) of the Act under the existing definition of Virtual Digital Asset[…] A reporting entity, as may be prescribed under section 285BAA of the Act, will be required to furnish information of crypto asset.”

The new crypto tax proposition will be retrospectively applicable from Feb. 1, 2025.

At the end of December 2024, India’s Minister of State for Finance, Pankaj Chaudhary, said the government had found 824 crore Indian rupees ($97 million) in unpaid goods and service taxes (GST) by several crypto exchanges.

The report came a few months after Indian law enforcement agencies demanded 722 crore Indian rupees ($85 million) in unpaid taxes from Binance in August.

Crypto traders face up to 70% tax penalty on undisclosed crypto gains

As a sign of concern for cryptocurrency holders, Indian authorities may issue a tax penalty of up to 70% on previously undisclosed crypto profits.

This penalty may apply to crypto gains that remained undisclosed for up to 48 months after the relevant tax assessment year, according to the document, that wrote:

“70% of the aggregate of tax and interest payable on additional income disclosed in the updated income tax return [ITR].”

The amendments come two weeks after Bybit exchange suspended its services in India on Jan. 10, citing regulatory pressure as it continues to pursue a full operational license from India’s Financial Intelligence Unit.

Crypto tax laws are gaining prominence worldwide

Crypto tax laws gained increased interest worldwide in June 2024 after the US Internal Revenue Service (IRS) issued a new crypto regulation, which will make US crypto transactions subject to third-party tax reporting requirements for the first time.

Starting in 2025, centralized crypto exchanges (CEXs) and other brokers will start reporting the sales and exchanges of digital assets, including cryptocurrencies.

This decision could push crypto investors to decentralized platforms in a “paradoxical situation” that could make tax revenue harder to track, Anndy Lian, author and intergovernmental blockchain expert, told Cointelegraph.

Showcasing the crypto industry’s backlash, the Blockchain Association filed a lawsuit against the IRS in December 2024, arguing that the rules are unconstitutional because they include decentralized exchanges under the “broker” term, extending data collection requirements to them.

 

Source: https://cointelegraph.com/news/indian-crypto-holders-face-70-tax-penalty-undisclosed-gains

Indian crypto holders face 70% tax penalty on undisclosed gains

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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