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Benjamin Cowen, CEO of Into the Cryptoverse, issued a warning that most altcoins should and likely will go to zero. The analyst posted on X that traders should “stop believing in the alt season just because some guru told you it would happen.” Cowen characterized the cryptocurrency asset class as requiring cleansing of “useless garbage” with midterm years providing ideal conditions for this process.

Countries known for low or zero cryptocurrency taxes are entering a new phase of global transparency. Many of these jurisdictions have committed to the OECD’s Crypto-Asset Reporting Framework, which is set to roll out in 2027. The framework expands cross-border reporting without directly changing national tax rates.

Shiba Inu declined more than 8.5% in a recent period, with its price falling to $0.000009351 (at the time of writing, it jumped to around $0.000009609).

“Everything is trending to zero against Bitcoin. Don’t ever forget that.”

Blockchains have been created to increase transparency, yet as the number of real-world applications has increased, privacy has become a luxury. In wallet authentication or on-chain transactions, the user is forced to reveal personal information to prove ownership, eligibility, or participation. But what if it is possible to provide proof without even revealing some information?

Crypto asset management firm CoinShares has an exchange-traded product (ETP) allowing investors to invest in SEI, a Layer-1 blockchain supporting high-speed, low-latency trading infrastructure.