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
As the global dominance of dollar-backed stablecoins rises, crypto leaders say India should act swiftly to protect its monetary sovereignty by introducing an INR-backed stablecoin
BS BFSI Summit Day 2: Crypto industry experts highlighted the urgent need for investor education and regulatory clarity in India's crypto ecosystem.
The overall tone of crypto markets, analysts said, remains neutral, with the Fear & Greed Index steady at 42 - indicating reduced panic and improving investor confidence
Changpeng Zhao, widely known as "CZ" served a four-month prison term in 2024, pleaded guilty to failing to implement adequate anti-money-laundering (AML) measures at Binance
The move marks the end of a turbulent phase for the platform, which had suspended operations after a major security breach
The cryptocurrency, which had fallen to around $103,598 on October 17, climbed back to $110,222 in the last 24 hours - up 2.82 per cent
The recent pullback in Bitcoin, they said, appears to be a classic case of market fatigue after record highs
CoinDCX plans to expand in India and the Middle East using the fresh capital from Coinbase, which marks renewed global interest in Indian crypto startups.
Coinbase has been an investor in CoinDCX since 2020. The latest investment is an extension of the company's previous funding round and, once completed, will value CoinDCX at $2.45 billion post-money
The crypto custody offering-under development for the past two to three years-will cater primarily to asset managers and institutional clients
Despite the intense volatility, market participants remained resilient, with total crypto market capitalisation rebounding above $4 trillion
The pullback in Bitcoin and Ethereum, analysts said, appears to be a short-term corrective phase within a broader bullish structure