The Altseason indicator has started moving like crazy, and altcoins have begun to wake up
After a long period where most of the market revolved around Bitcoin
Now the picture is starting to change
The indicator bounced strongly from the “Bitcoin Season” zone and quickly climbed toward the “Altcoin Season” zone
And here begins the phase that many have been waiting for:
Bitcoin moves first , then liquidity begins to shift to Ethereum , then to the major coins , and then funds start looking for smaller, higher-risk opportunities
. And when this cycle actually begins
, coins that have been dormant for months may turn into the wildest coins on the market
But what has me watching the index right now is the speed of the movement
The question is no longer whether altcoins are moving
The question is whether we’re facing the start of the altcoin season everyone has been waiting for
Because the last time the market started shifting this way
🚨Russia Officially Launches a New Initiative to Regulate the Crypto Market
The Bank of Russia announced that registration of cryptocurrency trading platforms and custodians will begin on October 5, 2026, after the new regulations take effect
Most importantly, the Bank of Russia says there are 27 regulatory measures under the new framework, and the remaining secondary regulations are scheduled to be finalized by the end of October
This comes at a very different time in the United States
The CLARITY Act failed to pass a procedural vote in the Senate in September with a vote of 49 to 50, even though it aimed to establish a comprehensive federal framework for the cryptocurrency market
But there is an important point:
Russia is not opening the door to crypto without restrictions
The new framework places trading platforms and custodians within a formal regulatory system, while the use of cryptocurrencies as a means of payment within Russia remains prohibited, though their use in certain cross-border payments is permitted under the new rules
This is where the comparison becomes interesting:
Russia is building the regulatory framework and setting up registries The United States is still debating its comprehensive federal framework
The competition for the future of the crypto market is not just between currencies but between the systems that will build the infrastructure around them
Who will move faster in building a regulated crypto market the United States or Russia
This trader has made over $10 million and is still buying
The trader known as CL just opened a $663,000 long position on $XLM
With this trade, his total positions have risen to $11.2 million across 7 positions, all of which are long
What’s even more surprising is that after making over $10 million in the market, he continues to put millions of dollars into long positions instead of cashing out and waiting for the next opportunity
This trader still sees upside potential in several cryptocurrencies
Michael Saylor lashes out at the CLARITY Act, effectively describing it as a “restrictions law” rather than a “rights law”
Saylor said the digital asset industry would be better off with supportive regulations from the SEC, CFTC, and Treasury rather than accepting the restrictions contained in the latest version of the CLARITY Act
In his view, the problem is not the existence of regulation per se but rather that certain rules could make restrictions permanent once they become law
And this is where the interesting point for $BTC comes in
Saylor believes that the best approach moving forward is to drive the adoption of digital assets and expand their use, and then build supportive regulatory frameworks around them, rather than enacting restrictions that could limit innovation
However, there is a completely different view: CLARITY supporters argue that the legislation would have provided the market with legal clarity and defined the powers of the SEC and CFTC, rather than relying more heavily on current regulatory rules
The real debate, then, is not whether there should be regulation or not
but rather whether Bitcoin and crypto need a law that clearly sets the rules, or whether certain loopholes within the law might be more dangerous than the absence of the law itself
In the past 30 days, Lido DAO, through intermediary wallet 0x2bD, has made 3 purchases totaling 6.132m $LDO
The tokens were then transferred to the treasury to be held
If LDO was needed, why didn’t the project use tokens from its treasury instead of buying them directly from the spot market? Could this be related to the proposal to hire MMs?
Whatever the reason, the selling pressure from 6m+ circulating tokens has now been locked up