The crypto market faced fresh pressure on Friday as Bitcoin fell below $112,000 while Ethereum slipped 1.4 percent to $4,452. Altcoins like Solana and BNB gained modestly, while XRP, ADA, and Dogecoin stayed stable. Analysts pointed to rising institutional inflows into Ethereum ETFs and strong momentum for Solana. Meanwhile, the CFTC cleared offshore exchanges to serve US clients, a sign that regulation could tighten. Traders now eye Bitcoin reclaiming $113,000 and Ethereum’s push above $4,700.
Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims to compete with firms like Circle and Stripe in building institutional-grade blockchain infrastructure.
The crypto market steadied Thursday, with Bitcoin trading at $112,928 after a 1.2% rise, while Ethereum slipped 1.3 percent to $4,570 ahead of a $5 billion options expiry due Friday. Altcoins such as Solana, BNB, Dogecoin, and XRP showed modest gains, reflecting cautious optimism. Analysts pointed to Ethereum ETF inflows and options activity as drivers of sentiment, while Bitcoin ETFs also reversed recent outflows. Macroeconomic data later today could further shape the direction of crypto markets
Zerodha co-founder Nithin Kamath has raised concerns about India’s booming crypto futures market, pointing to extreme leverage and tax loopholes driving the surge. Unlike spot trades that fall under strict taxation, futures remain in a regulatory grey zone, enabling traders to bypass both TDS and the 30% tax on VDAs. Experts caution that while leverage can exceed 50x, the lack of oversight leaves investors exposed to heightened financial risks
Newcastle United has signed a multi-year partnership with global crypto exchange BYDFi, making it the Club’s Official Crypto Exchange Partner. Announced via the Club’s website, the deal aims to expand Newcastle’s international presence while giving fans access to digital finance tools and experiences. Magpies now join Arsenal, Chelsea, Manchester City, and Tottenham Hotspur, who have all partnered with crypto firms as football clubs deepen ties with digital asset platforms.
Bitcoin and Ethereum stabilised on Wednesday, after ETF inflows ended a six-day outflow streak. According to CoinSwitch, BTC funds saw $250 million in inflows, while Mudrex’s Edul Patel noted that ETH withdrawals into cold storage reduced sell pressure. Altcoins, including Solana, XRP, and Dogecoin, also gained. The US Commerce Department further lifted sentiment by announcing that GDP data will soon be published on the blockchain to improve transparency
Bitcoin Asia 2025 will be held in Hong Kong on August 28-29, attracting 15,000 attendees and over 200 speakers, making it the world’s second-largest Bitcoin event. The conference highlights Asia’s growing role in digital assets, with Hong Kong emerging as a hub after approving spot Bitcoin and Ethereum ETFs in 2024. Upcoming events include Bitcoin Amsterdam in November, Bitcoin MENA in December, and Bitcoin 2026 in Las Vegas next April
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while the UK and South Korea turned it down, and India is still thinking about it.
The crypto market shed $200 billion after a whale dumped around 24,000 BTC, triggering $550 million in liquidations. Bitcoin plunged to near $110,000 while Ethereum briefly reached an all-time high near $4,900, boosted by $2.5 billion in ETF inflows this month. Altcoins like Solana, XRP, and Dogecoin also saw steep pullbacks. Analysts noted institutional accumulation of Bitcoin and Ether remains strong, with futures activity hitting new highs, suggesting resilience despite near-term volatility.
Australia’s financial crimes regulator, AUSTRAC, has directed Binance Australia to appoint an external auditor within 28 days after raising concerns about its anti-money laundering and counter-terrorism financing controls. The regulator cited gaps in governance, limited independent review scope, and high staff turnover. AUSTRAC said global crypto exchanges must adapt compliance systems to Australian law, warning that risk controls must reflect business scale and growing digital asset vulnerabilities.
The crypto market diverged over the weekend, with Bitcoin stabilising near $113,300 after falling below $112,000 on whale selling, and Ethereum hitting a record $4,953 before settling near $4,760. Analysts said Fed Chair Jerome Powell’s Jackson Hole remarks on a potential September rate cut spurred optimism, while heavy ETH withdrawals from exchanges and corporate accumulation by treasury firms supported the rally. Dogecoin showed bullish signs, while XRP stabilised. Ethereum remains positioned to challenge the $5,000 mark.
Bitcoin traded near $113,500 on Thursday, August 22, and is almost 8 percent down this month, while Ether rose by 2-3 percent to $4,280. Analysts said ETF flows, inflation worries, and a $13.8 billion options expiry act as major factors shaping sentiment. While Jerome Powell’s Jackson Hole speech is due today, traders are weighing whether crypto stabilises at its current levels or gears up for a breakthrough.
Bitcoin rebounded to $114,600 on Thursday, after falling below $113,000 earlier in the week. Ether surged above $4,300, gaining 3.8 percent in 24 hours. Analysts linked the recovery to hawkish Federal Reserve minutes, inflation risks, and ETF outflows. Market watchers now look ahead to US unemployment and PMI data due later today and Powell’s Jackson Hole speech for signals on rate cuts, with Bitcoin resistance levels at $116,700 and $118,200 in focus.
Bitcoin slipped to around $113,638 on Wednesday, August 20, while Ether traded near $4,176 as the crypto market cooled after recent highs. Analysts said ETF outflows, Trump’s tariffs on metals, and weak investor sentiment have triggered risk-off moves, with fear dominating short-term behaviour. Altcoins also faced pressure, though whale accumulation and institutional interest suggest September could become a turning point.
Coinbase’s app surged to fifth place in Apple’s Finance category, up from 25th a month earlier, according to data tracker Sensor Tower. Google searches for “Bitcoin” are climbing after US President Donald Trump signed the first major US stablecoin framework into law.
North Korean hackers are reportedly deploying NimDoor malware against Mac computers in Web3 and crypto companies. The threat actors rely on bash scripts to exfiltrate sensitive data, including browser information, iCloud Keychain credentials, and Telegram user data. Like other attacks linked to DPRK threat actors, these also leverage social engineering via chat platforms and malicious scripts or updates to compromise target computers.
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets in 2024.
Bitget has announced a partnership with India's cyber-crime focussed Sahyog Portal to help in related investigations. As part of its contribution to Sahyog, Bitget said it will help the law investigating officers access technical tools that are required for digital evidence collection.
The overall crypto market cap slipped by 1.35 percent in the last 24 hours on international exchanges. Bitcoin and Ether, both registered losses on Monday, June 23. Tether, Dogecoin, and Cardano are among the majority of cryptocurrencies that are trading in losses owing to the ongoing situation between Iran and Israel. Meanwhile, altcoins Leo and Polygon managed to retain minor gains on the price charts.
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
Nobitex, one of Iran's largest cryptocurrency exchanges, has been hacked for $90 million (roughly Rs. 782 crore). Nobitex’s website was unavailable Wednesday. Messages sent to the company’s support channel on Telegram were not returned.
Coinbase has asked for US SEC's approval to offer "tokenised equities" to its customers. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages such as Robinhood and Charles Schwab.
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
Trump Media and Technology Group is seeking to launch an exchange-traded fund (ETF) that will invest in both Bitcoin and Ethereum. Trump Media has yet to reveal fees for the bitcoin ETF. Similar products have fees of 0.12 percent.
Bitget plans to educate over 3,00,000 individuals across eight countries, including India, Brazil, Malaysia, and Morocco among others, in partnership with UNICEF Luxembourg . "Bitget Academy", the educational arm of exchange, will create a training module teaching how to create video games using the blockchain technology.
The overall crypto market cap rose by 0.95 percent in the last 24 hours. Bitcoin and Ether, both registered minor gains on Monday, June 16. Solana, Cardano, Chainlink, and Avalanche are also trading in profits. Whereas, Dogecoin joined Tron and Shiba Inu in seeing losses.
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
The overall crypto market cap dipped by 4.14 percent in the last 24 hours. Bitcoin and Ether, both registered losses on Friday, June 13. Market analysts highlighted that the other cryptos within the top 10 list are also facing a similar pullback, which suggests the correction could persist for a few more days.
The CBI on Wednesday said it has arrested a person as part of a crackdown on a cybercrime racket. Cryptocurrencies worth Rs. 2.8 crore along with unaccounted cash amounting to Rs. 22 lakh were seized from the possession of the accused, Rahul Arora.
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
Bitget’s 2025 Anti-Scam Research Report estimates that global crypto scams led to losses of $4.6 billion (roughly Rs. 39,364 crore) in 2024. CEO Gracy Chen noted that AI has made these scams faster, cheaper, and more difficult to detect.
The overall crypto market cap rose by 0.81 percent in the past 24 hours. While Bitcoin and Ether saw slight movements, both continued to trade at elevated levels. On Wednesday, June 11, altcoins such as Monero, Litecoin, and Shiba Inu recorded gains. In contrast, Ripple, Solana, and Dogecoin experienced price dips, with Ripple and Dogecoin ending the day in the red.
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 percent, as per the UK government
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
Zettai, the parent company of crypto exchange WazirX, has approached the Singapore High Court seeking a reassessment of its financial restructuring plan. The filing also requests an extension of the ongoing moratorium, which has protected both Zettai and WazirX from creditor lawsuits while the company works on its reimbursement strategy.
A team of cybersecurity researchers have found over 20 apps on the Google Play Store which were targeting cryptocurrency wallet users. According to a report by a cybersecurity research firm, these crypto-phishing applications impersonated legitimate crypto wallets such as Hyperliquid, PancakeSwap, and Raydium. Threat actors leveraged phishing tactics and compromised or repurposed developer accounts, forcing users to enter their 12-word mnemonic phrase in a false wallet interface and gaining access to their real wallets.
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-driven volatility.
Sam Altman's Tools for Humanity is rolling out its eyeball-scanning Orb devices to the UK. The spherical Orbs will be at dedicated premises in shopping malls and on high streets, said Damien Kieran, chief legal and privacy officer at Tools for Humanity.
The overall crypto market cap underwent a slight slip by 0.16 percent in the last 24 hours. Bitcoin and Ether saw losses on Monday, June 9 alongside Tether, Tron, and Stellar among other assets. Small gains were retained by Solana, Ripple, and Bitcoin Cash.
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
The overall crypto market tumbled by 2.70 percent over the last day. Bitcoin and Ether, both saw losses on Friday, June 6. The escalating tensions between Trump and Musk seem to have significantly impacted market sentiment. A majority of altcoins registered losses on Friday, including Solana, Dogecoin, Cardano, and Chainlink.
Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday. The New York-based company's stock opened for trading at $69 (roughly Rs. 5,920) apiece, valuing the stablecoin issuer at nearly $18 billion (roughly Rs. 1,54,356 crore), on a fully-diluted basis.
The Ethereum Foundation (EF) has revamped its treasury strategy. The EF plans to prioritise the refinement its asset-liability management policy by factoring-in the risk, duration, and liquidity parameters, it said in its statement on June 4.
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuring plan and repay affected users.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
The valuation of the crypto sector rose slightly by 0.41 percent in the last 24 hours. Bitcoin and Ether, both saw minor gains on Wednesday, June 4. Tether, Ripple, and Solana also registered small profits on the price chart.
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
