FLIPPENING refers to a point of time in future when Bitcoin may be dethroned as the top cryptocurrency by an altcoin such as Ethereum.
This could happen once the values of altcoins stop being based on that of Bitcoin, thus reducing its dominance in terms of market capitalization and popularity in the crypto market. The threat of an altcoin surpassing Bitcoin in importance, or FLIPPENING , is real with many new cryptocurrencies offering better scalability, lower cost and more speed.
Several altcoins are based on distributed ledger technologies other than Bitcoin's blockchain such as Ethereum and Ripple. And there are those like IOTA that is not based on a blockchain, but uses a next generation distributed ledger technology, which is essentially a mathematical concept called a directed acyclic graph, or DAG.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.