At present, industry estimates suggest that India has around 40 million active crypto investors
The effort succeeded last week, with many of the industry's chosen candidates winning their races, potentially ushering in a Congress poised to champion crypto
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets
Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning
He also pledged to form a crypto industry presidential advisory council, create a stablecoin framework, and called for a scale-back in enforcement
WazirX confirmed the security breach on X. The firm has temporarily paused customer withdrawals
Trump presented himself during a San Francisco fundraiser in June as a champion for cryptocurrencies and slammed Democrats' attempts to regulate the sector
Zhao pleaded guilty in November for failing to implement an adequate money laundering program at Binance
The original cryptocurrency is down 14% in April, the most since it slumped 16% in November 2022. The US-ETF induced mania took Bitcoin to a record high of almost $74,000 in March
At current elevated prices, prospective buyers should opt for staggered purchases
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The focus this week shifted towards Ethereum, as it led prices ahead of Bitcoin and crossed the crucial $3,000 level before falling
Aside from ETF inflows, sentiment toward Bitcoin is "typically positive" during the Lunar New Year holidays that are currently underway in Asia, Fundstrat Global Advisors wrote in a note
Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million
WazirX and Mudrex estimated that roughly 70% of their fresh inflows came from Binance, while CoinDCX put the figure at around 40%
The SEC's X account was compromised and a fake post claiming that the agency had green lit plans for the products fueled a brief surge in the price of the world's biggest cryptocurrency
The price of bitcoin, the biggest cryptocurrency and the market's chief barometer, has more than doubled this year, reaching a 20-month high in November of $42,000 per token
The crypto industry is also awaiting the outcome of applications from the likes of BlackRock Inc. to start the first US spot Bitcoin ETFs
Worldcoin, Altman's eyeball-scanning crypto project which officially launched on Monday, uses a small device called an "orb" to scan people's eyeballs in order to generate a a unique digital identity