Cryptocurrencies

One-time cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a USD 40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial technology whiz weaponised their trust to convince them that the investment -- secretly propped up by cash infusions -- was safe. Kwon, a Stanford graduate known by some as "the cryptocurrency king," apologised after listening as victims -- one in court and others by telephone -- described the scam's toll: wiping out nest eggs, depleting charities and wrecking lives. One told the judge in a letter that he contemplated suicide after his father lost his retirement money in the scheme. Engelmayer said the government's recommendation of a 12-year prison sentence was "unreasonably lenient" and the defense's request for five years was "utterly unthinkable and wildly unreasonable." Kwon faced a maximum sentence of 25 years in prison. "Your offence caused real people to lose USD 40 billion in real

As a utility-driven innovator, the country is witnessing rapid growth in its developer ecosystem alongside millions of users turning to digital assets for savings, remittances, and investments

While equities briefly rallied, the momentum failed to carry over to digital assets

If Bitcoin remains range-bound post-FOMC, rotational flows, analysts believe, may continue to support altcoins at the margins

The rebound followed the Federal Reserve's decision to halt its Quantitative Tightening (QT) program and inject liquidity into the markets, boosting short-term financial stability.

Analysts remain cautiously optimistic but note that liquidity conditions and global macro developments will shape the near-term trajectory

Despite these headwinds, analysts believe macro liquidity from the Fed pivot could act as a stabiliser if capital rotation resumes toward large-cap cryptocurrencies

Large-cap tokens have led the modest recovery, even as mid-cap and smaller altcoins continue to lag following a phase of heavy deleveraging

Calling volatility "vitality," Saylor argued that Bitcoin's sharp price swings are essential to its long-term performance and the opportunity it creates for investors

Stablecoins are emerging as a major force in digital payments, but their future may depend on whether modern regulations can avoid the pitfalls of past and withstand real-world financial stress

Bitcoin, the world's most valuable cryptocurrency, has fallen 21.2 per cent in November, raising losses over the past three months to 23.2 per cent

Crypto Market Crash: Analysts say the pullback reflects a consolidation phase rather than market capitulation, as participants digest recent selling pressure and await clearer macroeconomic signals

A rapid reversal in sentiment, macroeconomic uncertainty, heavy liquidations and sharp ETF outflows have erased $1.2 tn from crypto markets, pulling Bitcoin off record highs and unsettling investors

BTC price today: Analysts attribute the slide to uncertainty around potential US interest-rate cuts, broader weakness across equity markets, and profit-taking by large holders

The development, analysts said, suggests investors are temporarily favouring policy-linked assets, with risk appetite split between safe-haven and cyclical exposures

'Treating crypto as property upgrades investors from users to proprietors,' says expert after the Madras High Court granted digital assets legal status

Market weakness deepens as BTC struggles to reclaim key levels and Ethereum tests support zones, with analysts warning of further downside risks

The overall market sentiment remains dominated by fear, with the CoinMarketCap Crypto Fear and Greed Index registering at 27, firmly in the "fear" zone

Government must bring clear regulations for the digital asset sector as policy delays threaten to push innovation and talent out of India, top crypto industry leaders said at Business Standard BFSI

Stablecoins are digital currencies that stay steady in value, unlike volatile cryptocurrencies such as Bitcoin. Their prices are linked to stable assets like gold or currencies