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Altcoin
Crypto Trends

Altcoin Market Completes Highest Monthly Close Ever: What This Means For Alt Season

by admin September 9, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market’s next direction has spent recent weeks in uncertainty, with Bitcoin trading below $112,000 and large market cap altcoins moving in unclear directions. Nonetheless, beneath the short-term swings, a major technical shift is quietly unfolding in the altcoin market. 

According to analysis by crypto analyst CrypFlow, the total market capitalization of altcoins (excluding Bitcoin) has just completed its highest monthly close on record. This close could change the conversation around whether a new alt season is about to begin.

Breakout Beyond Previous Cycle Tops

Although August ended with many cryptocurrencies closing below their highs for that month, analysis of the altcoin market cap shows that the altcoin market managed to register its highest monthly close ever. 

Interestingly, crypto analyst CrypFlow pointed to the long-term monthly chart of the altcoin market, which shows how the current rally is building on historical cycle patterns. After the cycle top in 2018 and another in 2021, followed by the 2022 bottom, the chart now shows a close above a breakout line. The breakout line on the chart is the culmination of an upward trend that has been forming since the 2022 cycle bottom, which is connected by a series of higher lows.

Source: Chart from CrypFlow on X

The most recent monthly close is also a breakout above the cycle top in 2021, and the altcoin market now has a total valuation of around $1.6 trillion. This highest monthly close, alongside some bullish divergence indicators, shows that the altcoin market cap may be preparing for a strong rally just like after it closed above the 2018 cycle top back in 2020.

One of the most notable confirmations comes from the MACD, which has just crossed into bullish territory on the monthly timeframe. As noted by CrypFlow, this kind of signal is rare and often precedes large upside moves. Interestingly, the RSI, too, is just above the midpoint, meaning the altcoin market cap still has a long way to go before being oversold.

What This Means For Alt Season

As it stands, the altcoin market is about to enter into a bullish period that could determine the rest of the year. Past cycles have shown that many altcoins typically deliver their strongest performances between October and December. As shown in the chart above, the altcoin market cap also closed above its 2018 in late 2020.

If this late-year trend repeats itself, the current breakout could be the trigger for one of the most decisive altcoin rallies yet. Going by the previous performance in 2020 and 2021, the altcoin market could register multiple bullish candles in the months left in 2025 and the first few months of 2026. This, in turn, could translate into a full-blown altcoin season for altcoins round the board. But this all depends on how large market cap altcoins like Ethereum and XRP perform in the rest of the year.

Overall crypto market cap excluding BTC at $1.62 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 9, 2025 0 comments
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Bluprynt completes first KYI verification of a global stablecoin with USDC
NFT Gaming

Bluprynt completes first KYI verification of a global stablecoin with USDC

by admin August 29, 2025



Bluprynt, an embedded compliance and blockchain infrastructure  solutions platform, has completed a know your issuer verification of USDC, the first such milestone with a global stablecoin.

Summary

  • Bluprynt announced the successful completion of know your issuer for Circle’s stablecoin USDC.
  • Stablecoin regulation is among top areas of focus for regulators amid global adoption.

Bluprynt announced on Aug. 29 that it successfully conducted a Know Your Issuer verification for USDC (USDC), the stablecoin issued by Circle. It’s a major step in the move to establish a KYI benchmark, with authenticity and compliance transparency key to the global adoption of digital assets across finance.

The U.S.-based platform, whose compliance solutions are powered by artificial intelligence, achieves KYI verification by “cryptographically binding Circle’s verified identity and mint authority directly to USDC tokens at the point of issuance.”

Verification ensures investors, custodians and financial institutions can instantly authenticate the USDC stablecoin’s provenance.

Crypto and stablecoin regulation

With regulators, including the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and U.S. Securities and Exchange Commission increasing their regulatory oversight as they demand for stronger provenance, Blueprint’s significant milestone is even more notable.

According to Bluprynt chief executive officer Chris Brummer, USDC is not just a stablecoin ready for the regulation under the OCC, FDIC and SEC, but also an asset set against future compliance challenges.

“What we need are cryptographically native solutions that are fit for purpose, combining ease with rigor,” Brummer noted. “KYI embodies this principle by offering regulators and issuers a practical, verifiable tool to strengthen trust and transparency in digital finance.”

USDC, pegged to the U.S. dollar, is the world’s second largest stablecoin by market capitalization behind Tether (USDT).

Circle’s stablecoin boasts a market cap of over $70 billion while USDT stands at around $167 billion, and the two companies account for nearly two thirds of revenue across crypto. 

As stablecoins hit the global adoption stage, compliance has become a key requirement. This trend has seen Circle take a proactive approach towards meeting required guidelines, including as laid out in stablecoin frameworks such as the European Union’s MiCA and the GENIUS Act in the U.S.



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August 29, 2025 0 comments
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Scottie Scheffler completes comeback, wins BMW Championship
Esports

Scottie Scheffler completes comeback, wins BMW Championship

by admin August 18, 2025



Aug 17, 2025, 09:37 PM ET

OWINGS MILLS, Md. — The numbers Scottie Scheffler is compiling have been drawing comparisons with Tiger Woods. The world’s No. 1 player had a Tiger-like moment with the trophy on the line and a club in his hand Sunday in the BMW Championship.

Scheffler’s 82-foot chip on the 17th — the hardest hole in the final round at Caves Valley — landed about 60 feet short and rolled the rest of the way, picking up speed, losing speed and dropping on the final turn. The birdie all but wrapped up another win, his fifth PGA Tour title this year.

It was reminiscent of Woods delivering magic to overshadow his sublime skill, with his chip-in from behind the 16th green at the Memorial and his chip-in for eagle in the World Cup in Japan.

Scheffler already had erased a four-shot deficit against hard-luck Robert MacIntyre in five holes. He was clinging to a one-shot lead on the 17th, a daunting par 3 with a back right pin and water right.

Scheffler was in the left rough, the safe spot, facing a shot that a dozen players had chipped over the green.

“I knew it was just going to be really fast, and do my best to get it down there and give myself a good look for par,” he said. “When it came out, it came out how we wanted to and then it started breaking and it started looking better and better.

“And yeah, it was definitely nice to see that one go in.”

Scheffler closed with a 3-under 67 for a two-shot victory and became the first player since Woods — there’s that name again — in 2006 and 2007 to win at least five times on the PGA Tour in consecutive years.

MacIntyre didn’t make a birdie until the 16th hole but stayed in the game after losing his big lead, mostly when Scheffler began missing short putts.

MacIntyre pulled within one shot of the lead going to the 17th when Scheffler worked his magic and had to settle for another runner-up finish to a memorable shot, just like he did at Oakmont when J.J. Spaun holed a 65-foot birdie putt to clinch the U.S. Open in June.

MacIntyre was in the scoring room when he watched Spaun’s winning putt and applauded it. He was alongside Scheffler at the BMW Championship, staring in disbelief but angry at his poor play off the tee that cost him the big lead early.

“When he’s pitched that in on 17 and then he’s hit the perfect tee shot on 18, it’s pretty much game over just then. You’re playing for second place at that point,” MacIntyre said.

“He’s the better player on the day. I’m just really pissed off right now. Right now, I want go and smash up my golf clubs, to be honest with you.”

MacIntyre made 18 birdies in the first 45 holes of the tournament and only two over the last 27 holes. He closed with a 73 and got some consolation prizes that didn’t mean much in the moment. He cracked the top 10 in the world for the first time, going to No. 8.

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Scheffler’s chip-in elicited the loudest cheer of the day.

The most satisfying shot came on the 15th, when his lead was down to one shot after a three-putt. MacIntyre hit to 7 feet from the fairway. Scheffler was in a deep bunker and hit 8-iron to 6 feet.

MacIntyre missed. Scheffler made.

“That was a really important shot in the tournament, one that I think will fly a little bit under the radar,” Scheffler said.

The season is not over for Scheffler, who leads the 30 players who advanced to this week’s Tour Championship at Atlanta’s East Lake with a chance to become the first repeat FedEx Cup champion since the series began in 2007.

All 30 players at East Lake can win the $10 million first-place check. The field includes Harry Hall, the only golfer who played his way into the top 30 on Sunday, and even that was tense. Hall made bogey on the par-5 16th — the easiest hole on the course — then went long and left at the 17th. He also chipped in for birdie and was safe going up the 18th.

Rickie Fowler was on the verge of getting back to East Lake only to twice miss the green from the fairway on the back nine — leading to bogey on the 14th and double bogey on the 15th, and knocking him out of the top 30.

Fowler finished with a 5-foot par putt. Had he missed, Michael Kim would have been in the Tour Championship. Instead, the 30th spot went to Akshay Bhatia, despite making four bogeys on the back nine and feeling as though he had blown it.

MacIntyre squandered a big chance too.

He showed plenty of grit on Saturday playing in the final group with Scheffler. But on the opening hole, Scheffler drilled his drive down the middle and hit to 6 feet for birdie, while MacIntyre missed the fairway and a 6-foot par putt. It was an early statement.

MacIntyre missed another fairway at the second and made bogey. He went from the fairway to a bunker on the short par-4 fifth, a two-shot swing when the Scotsman failed to get up-and-down for par and Scheffler made birdie.

Then Scheffler took the lead with a wedge to 6 feet for birdie on No. 7.

It looked like it would be a runaway at that point as Scheffler never seemed to miss — except when he had a chance to extend the lead. He missed birdie chances of 5 feet at No. 8 and 8 feet at No. 10. He botched a simple up-and-down at the 12th and three-putted from 18 feet on the 14th. Each chance kept MacIntyre in the hunt.

Then came one chip on the 17th for a knockout punch.

Scheffler, who finished at 15-under 265, has 18 career titles in the past 3½ years since his first PGA Tour title in Phoenix.



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August 18, 2025 0 comments
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