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Crypto Market Consolidation Sees Bitcoin Price Drop Under $105,000 as Market Liquidations Cross $1.1 Billion
Bitcoin dropped below $105,000 (roughly Rs. 92.9 lakh) on Tuesday as $1.1 billion (roughly Rs. 9,740 crore) worth of crypto positions were liquidated amid a global liquidity squeeze. Ethereum fell to $3,500 (roughly Rs. 3.12 lakh), while altcoins like Solana, BNB, and Dogecoin saw steep declines. Analysts suggest the volatility marks a correction p...
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Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
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Bitcoin Price Drops Below $107,500 Amidst Weakening Spot Demand, Macro Uncertainty
Bitcoin traded nearly $107,400 (roughly Rs. 95.4 lakh) on Monday as broader crypto markets declined amid weak spot demand and macro uncertainty. Altcoins, including Ethereum, Solana, and Dogecoin, also fell, reflecting risk-off sentiment. Analysts noted that despite short-term pressure, Bitcoin's long-term structural strength and on-chain stability...
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From Halloween Mystery to Global Phenomenon, Satoshi Nakamoto’s Bitcoin Whitepaper Turns 17
Seventeen years after Satoshi Nakamoto published the Bitcoin whitepaper on Halloween 2008, the cryptocurrency has evolved from an experimental idea into a trillion-dollar financial phenomenon. As Bitcoin continues to define digital finance, industry leaders share insights on how its journey has shaped trust, transparency, and innovation across the ...
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Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
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Bitcoin’s Price Continues to Fall as Markets React to US Fed Rate Cut
Bitcoin’s price dropped below the $110,000 (roughly Rs. 97.4 lakh) mark after the US Federal Reserve cut interest rates by 25 basis points. Although expected, the announcement of quantitative easing from December shook short-term sentiment, leading to over $700 million (roughly Rs. 6,200 crore) in liquidations.
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ASIC Clarifies Crypto Rules; Stablecoins, Tokenised Assets Flagged as Financial Products
Australia’s financial regulator, ASIC, has issued long-awaited guidance clarifying which crypto assets fall under financial products. The move provides legal certainty for firms but raises concerns about the regulator’s capacity to handle new licensing demands. Under the revised framework, stablecoins, wrapped tokens, and tokenised securities w...
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French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
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Bitcoin Faces Pressure as Traders Remain Cautious Ahead of Anticipated US Policy Decision
Bitcoin slipped below the $113,000 (roughly Rs. 99.7 lakh) mark on Wednesday as traders turned cautious ahead of the US Federal Reserve’s policy decision. The market saw heavy liquidations, with altcoins showing mixed performance. While some tokens like Pi and Aerodrome Finance posted double-digit gains, others like Ethena and Solana saw declines...
-
Bitcoin Slips Below $114,000 as Traders Remain Cautious Amidst Market Uncertainty
Bitcoin traded slightly lower on Tuesday, slipping below $114,000 (roughly Rs. 1 crore) as investors awaited the US Federal Reserve’s policy announcement. A mix of cautious sentiment, profit booking, and global macro uncertainties kept traders on edge. Meanwhile, Ethereum and other major altcoins followed suit, recording mild corrections amid low...
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Madras High Court Recognises Crypto as Property: What This Means for Indian Investors
In a landmark ruling, the Madras High Court has recognised cryptocurrency as property under Indian law. The judgment provides legal clarity for investors and businesses, affirming that digital assets like Bitcoin and Ethereum can be owned and transferred. While experts call it a milestone for India’s crypto ecosystem, concerns remain over the abs...
-
Bitcoin Extends Rally Above $115,500 as Market Optimism Builds Ahead of Fed Rate Decision
Bitcoin climbed above $115,500 (roughly ₹1.01 crore) on Monday, supported by optimism over improving US-China trade ties and expectations of a Federal Reserve rate cut. Ethereum and other major altcoins also recorded notable gains as inflation data came in softer than expected. Analysts remain cautiously optimistic about further upside as policy ...
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Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
-
Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
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Bitcoin Price Stabilises Around $110,000 Amidst Ongoing Trade Tensions
Bitcoin held near $110,000 (roughly Rs. 96.7 lakh) on Thursday, as the crypto market consolidated amid ongoing US-China trade tensions and the prolonged US government shutdown. Ethereum traded around $3,800 (roughly Rs. 3.3 lakh), mirroring Bitcoin’s quiet momentum. Altcoins such as BNB, XRP, and Solana also traded within tight ranges, while sent...
-
Crypto Market Consolidation Sees Bitcoin Price Drop Under $105,000 as Market Liquidations Cross $1.1 Billion
Bitcoin dropped below $105,000 (roughly Rs. 92.9 lakh) on Tuesday as $1.1 billion (roughly Rs. 9,740 crore) worth of crypto positions were liquidated amid a global liquidity squeeze. Ethereum fell to $3,500 (roughly Rs. 3.12 lakh), while altcoins like Solana, BNB, and Dogecoin saw steep declines. Analysts suggest the volatility marks a correction p...
-
Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
-
Bitcoin Price Drops Below $107,500 Amidst Weakening Spot Demand, Macro Uncertainty
Bitcoin traded nearly $107,400 (roughly Rs. 95.4 lakh) on Monday as broader crypto markets declined amid weak spot demand and macro uncertainty. Altcoins, including Ethereum, Solana, and Dogecoin, also fell, reflecting risk-off sentiment. Analysts noted that despite short-term pressure, Bitcoin's long-term structural strength and on-chain stability...
-
From Halloween Mystery to Global Phenomenon, Satoshi Nakamoto’s Bitcoin Whitepaper Turns 17
Seventeen years after Satoshi Nakamoto published the Bitcoin whitepaper on Halloween 2008, the cryptocurrency has evolved from an experimental idea into a trillion-dollar financial phenomenon. As Bitcoin continues to define digital finance, industry leaders share insights on how its journey has shaped trust, transparency, and innovation across the ...
-
Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
-
Bitcoin’s Price Continues to Fall as Markets React to US Fed Rate Cut
Bitcoin’s price dropped below the $110,000 (roughly Rs. 97.4 lakh) mark after the US Federal Reserve cut interest rates by 25 basis points. Although expected, the announcement of quantitative easing from December shook short-term sentiment, leading to over $700 million (roughly Rs. 6,200 crore) in liquidations.
-
ASIC Clarifies Crypto Rules; Stablecoins, Tokenised Assets Flagged as Financial Products
Australia’s financial regulator, ASIC, has issued long-awaited guidance clarifying which crypto assets fall under financial products. The move provides legal certainty for firms but raises concerns about the regulator’s capacity to handle new licensing demands. Under the revised framework, stablecoins, wrapped tokens, and tokenised securities w...
-
French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
-
Bitcoin Faces Pressure as Traders Remain Cautious Ahead of Anticipated US Policy Decision
Bitcoin slipped below the $113,000 (roughly Rs. 99.7 lakh) mark on Wednesday as traders turned cautious ahead of the US Federal Reserve’s policy decision. The market saw heavy liquidations, with altcoins showing mixed performance. While some tokens like Pi and Aerodrome Finance posted double-digit gains, others like Ethena and Solana saw declines...
-
Bitcoin Slips Below $114,000 as Traders Remain Cautious Amidst Market Uncertainty
Bitcoin traded slightly lower on Tuesday, slipping below $114,000 (roughly Rs. 1 crore) as investors awaited the US Federal Reserve’s policy announcement. A mix of cautious sentiment, profit booking, and global macro uncertainties kept traders on edge. Meanwhile, Ethereum and other major altcoins followed suit, recording mild corrections amid low...
-
Madras High Court Recognises Crypto as Property: What This Means for Indian Investors
In a landmark ruling, the Madras High Court has recognised cryptocurrency as property under Indian law. The judgment provides legal clarity for investors and businesses, affirming that digital assets like Bitcoin and Ethereum can be owned and transferred. While experts call it a milestone for India’s crypto ecosystem, concerns remain over the abs...
-
Bitcoin Extends Rally Above $115,500 as Market Optimism Builds Ahead of Fed Rate Decision
Bitcoin climbed above $115,500 (roughly ₹1.01 crore) on Monday, supported by optimism over improving US-China trade ties and expectations of a Federal Reserve rate cut. Ethereum and other major altcoins also recorded notable gains as inflation data came in softer than expected. Analysts remain cautiously optimistic about further upside as policy ...
-
Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
-
Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
-
Bitcoin Price Stabilises Around $110,000 Amidst Ongoing Trade Tensions
Bitcoin held near $110,000 (roughly Rs. 96.7 lakh) on Thursday, as the crypto market consolidated amid ongoing US-China trade tensions and the prolonged US government shutdown. Ethereum traded around $3,800 (roughly Rs. 3.3 lakh), mirroring Bitcoin’s quiet momentum. Altcoins such as BNB, XRP, and Solana also traded within tight ranges, while sent...
