Altcoins Are Here: The Next Phase of Crypto Payroll
Altseason is upon us. Bitcoin’s reign seems to be waning, and a new wave of altcoins is reshaping the crypto landscape. I get it, it’s exciting, but what does this mean for companies handling payroll? You know, those things we thought we were done with when we started getting paid in crypto?
What Even is Altseason?
For the uninitiated, altseason is when alternative cryptocurrencies (the altcoins) do better than Bitcoin. This often happens when Bitcoin’s price plateaus or dips, pushing traders to explore other options. During this phase, money flows from Bitcoin to a wider array of cryptocurrencies, causing increased trading activity.
Recently, the Altcoin Season Index has shown strong signals of an altseason, which might mean that…
