Cryptocurrencies

India's Gen Z turns to crypto as gateway to investing, WazirX data shows

India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding crypto to established portfolios. The median age of Gen Z investors on WazirX is 25, while the generation accounted for 72 per cent of all new investors on the platform in the first half of 2026. Gen Z also made up 32.1 per cent of active traders, the company said. The trend is spreading beyond India's largest cities. Nearly 80 per cent of WazirX's Gen Z users come from outside the country's top 10 cities, highlighting the growing participation of investors from Tier-2 and Tier-3 centres. Mumb

CBDT issues guidance note on crypto-asset reporting under I-T Act, 2025

The 198-page guidance note explains reporting obligations for crypto service providers under the Income-tax Act, 2025, in line with the OECD's Crypto-Asset Reporting Framework

Will money flow into crypto if AI trade fizzles? Analysts weigh in

While analysts broadly agree that AI and crypto are not mutually exclusive themes, views diverge on whether an AI correction could eventually benefit Bitcoin.

Pak seeks country's top Islamic seminary guidance on crypto assets

Pakistan's crypto regulator has sought an Islamic ruling distinguishing speculative cryptocurrencies from asset-backed digital tokens to support wider adoption

India taxes crypto, but RBI still wants distance. Can both coexist?

Crypto is taxed, tracked and traded in India. But the RBI still refuses to recognise it as an asset class. Can this uneasy arrangement endure?

Not having a policy is a policy: RBI to Parliamentary panel on crypto

RBI tells House panel it's not in favour of VDAs as currency

Bitcoin loses $60k level, erases half of 2025 gains; more pain ahead?

Analysts attributed the decline to a combination of profit booking by large holders, softer risk appetite, concerns over financing risks at Strategy Inc.

Bitcoin rout: What's driving sell-off; will token reclaim its peak in 2026?

Analysts attribute the correction to a combination of macroeconomic uncertainty, tighter liquidity conditions, and a broader risk-off sentiment across global markets

Will Bitcoin recover or remain rangebound? Technical outlook offers clues

Mohit Kumar, head of markets research at Delta Exchange, expects Bitcoin to consolidate for a considerable period before reaching a new all-time high

Bitcoin fall seen as liquidity cycle, not structural shift: Bitget CEO

Gracy Chen, CEO, Bitget, in an email interview with Kumar Gaurav, said Bitcoin has historically been highly sensitive to liquidity cycles, noting that periods of volatility are not unusual

Crypto outlook tied to regulation, liquidity, maturation: SB Seker, Binance

SB Seker, head of APAC at Binance, said the outlook of the crypto markets hinges on regulation, liquidity and market maturation

'Stablecoins show blockchain utility while altcoins seek value capture'

Stablecoins may be solving the adoption problem, but they are not necessarily the primary destination for investment returns.

Bitcoin jumps to two-week high as US-Iran Hormuz deal boosts risk appetite

Bitcoin climbed nearly 3% in early Asian trading to around $65,400 after the US and Iran signalled a de-escalation of hostilities, boosting risk appetite across global markets

Crypto markets shaken; Bitcoin slips below $70k support amid macro stress

Analysts noted that the scale of the unwind indicates that the downturn was driven not just by spot selling but also by aggressive deleveraging in derivatives markets

Bitcoin Pizza Day: From 10k BTC for 2 pizzas to trillion-dollar ecosystem

Bitcoin Pizza Day commemorates the first real-world Bitcoin transaction, when programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas on May 22, 2010.

CLARITY Act may bring long-awaited clarity to crypto markets: Analysts

The move, they believe, could create a more stable and transparent framework that encourages institutional participation, strengthens investor confidence, and supports innovation

Bitcoin returns above $80k after 3 months; analysts see cautious upside

Analysts remain cautiously optimistic on the outlook, citing continued institutional demand, improving risk appetite, and better market participation

Global crypto exchange BitDelta launches India operations, plans hiring

BitDelta has launched India operations after registering with FIU-IND, planning a 100-member team and investing in security and infrastructure amid intense competition

Crypto hack worth $290 mn triggers DeFi contagion shock across platforms

The attacker siphoned about 116,500 rsETH - a token issued by Kelp DAO that represents "restaked" Ether - by targeting a bridge built using LayerZero

CFTC settles FTX case; ex-engineering chief Nishad Singh to pay $3.7 mn

Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022