Cryptocurrency

Bitcoin tops $80,000 as optimistic mood returns to crypto market

Bitcoin crosses $80,000 as ETF inflows, weaker dollar and renewed crypto optimism fuel a sharp rebound, while falling crude prices lift Indian equities

WazirX launches AI trading assistant for crypto research, trade execution

Indian cryptocurrency exchange WazirX on Tuesday launched WazirX AI, an artificial-intelligence trading assistant that combines market research, portfolio analysis and trade preparation in a single conversational interface. Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, receive analysis with supporting charts, review their portfolios and approve trades without switching between charts, news feeds and trading screens, according to a company statement. The AI assistant follows an "Ask-Understand-Decide" model, coordinating market-data, technical-analysis, portfolio and order-management functions across multi-step requests. "Crypto markets operate 24/7, but traders should not have to spend their day moving between charts, news feeds and trading screens," said Nischal Shetty, founder, WazirX. "WazirX AI combines market research, portfolio monitoring and trade preparation into one ...

Nearly three in four Indian crypto investors are under 35: CoinSwitch study

Despite differences in trading behaviour and portfolio construction, Bitcoin and Dogecoin emerged as the most popular crypto pairing across every age group in Q2-CY26 on the CoinSwitch platform.

Bitcoin surges 8% as short squeeze ripples across battered crypto market

Bitcoin climbed to around $69,500 after a wave of short covering, amid Trump's meeting with crypto executives and lower borrowing costs adding to buying momentum

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

US crypto Bill exposes India's virtual digital asset regulatory gap

US moves to advance a landmark crypto bill as India weighs a statutory framework for virtual digital assets, with a parliamentary panel seeking interim SRO-based oversight

Hackers target Coldcard Bitcoin wallets in ongoing crypto attack

Coldcard is a brand of hardware device that allows users to secure their Bitcoin in so-called cold wallets

CBDT brings crypto under global tax reporting: What it means for investors

In a new guidance note, the CBDT laid down detailed reporting and due diligence obligations for crypto exchanges and other RCASPs to bridge the information gap created by crypto assets.

WazirX launches free crypto tax reporting tool ahead of tax filing deadline

Indian cryptocurrency exchange WazirX on Tuesday launched Taxlyst, a free tax reporting platform that allows investors to generate tax reports from transactions across multiple crypto exchanges ahead of India's income tax filing deadline. The exchange said the platform is designed to simplify crypto tax calculations by enabling users to upload transaction histories from any exchange and generate reports on gains, losses and tax liabilities within minutes. Taxlyst automatically analyses trading activity and produces reports including virtual digital asset (VDA) gains and losses, estimated tax liability, futures profit and loss statements, exchange-wise transaction summaries and Schedule VDA-ready reports for income tax filings. For spot transactions, the platform uses the First In, First Out (FIFO) method to calculate gains and losses. The tool also allows users to download detailed reports, including transaction histories, futures profit and loss statements, USDT-INR conversion ...

Crypto exchanges, companies welcome new crypto-asset reporting framework

CBDT's Crypto-Asset Reporting Framework sets tax reporting norms for crypto firms from 2026, boosting transparency and paving the way for a clearer regulatory framework

CBDT's crypto asset tax reporting: What it means for exchanges, investors

The Central Board of Direct Taxes (CBDT) has issued a guidance note specifying that crypto exchanges and other intermediaries will have to report all transactions on their platforms to the Income Tax department. The objective of the guidance note on crypto asset reporting obligations is to bridge the information gap that existed because such assets could be transferred or held outside the traditional financial system. It is more procedural in nature while ensuring that crypto transactions become part of a transparent global tax reporting ecosystem. The note intends to explain the reporting obligations of Reporting Crypto-Asset Service Providers (RCASP) in line with the Crypto-Asset Reporting Framework (CARF) developed jointly by the Organisation for Economic Cooperation and Development (OECD) and participating countries, including India. The CARF is a global tax transparency framework which provides for the automatic exchange of tax-relevant information on transactions in crypto ..

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

Parl panel bats for cryptocurrency statutory and regulatory framework

A parliamentary panel has urged the government to create a regulatory framework for cryptocurrencies, citing investor protection and risks from the current legal vacuum

Over 95% of post-restart trading activity came from returning users: WazirX

Crypto exchange says most trading in H1CY26 came from returning users, with one in seven adding fresh capital as it expands products following its October 2025 restart

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

RBI reiterates call for crypto curbs; tax department warns of evasion risks

India has allowed cryptocurrencies to exist in a grey zone since a court ‌in 2018 struck down Reserve Bank of India (RBI) policies that effectively banned them

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?

Trump's huge financial windfall has few precedents among world leaders

President Trump's earnings in office are at a level once unimaginable for any leader of a liberal democracy, particularly a sitting American president

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

CoinDCX user base rises 16% in H1CY26 as trading value declines 37%

The crypto exchange added 3 million registered users in the first half of CY26, while trading value declined amid evolving market dynamics and growing institutional participation