Story Highlights India plans to roll out its own digital currency backed by the Reserve Bank of India (RBI). India imposed falt 30% tax on gains from cryptocurrency with 1% TDS on transactions above ₹10,000 India topped the Global Adoption Index of 2025. During the India-Qatar Joint Commission on Economic and Commercial Cooperation, Commerce Minister
Citadel’s founder and CEO Ken Griffin confirmed the trend to pick silver, gold, and BTC as a ‘debasement trade’, counting on security against weakening fiat. Griffin believes individual investors are seeking ways to de-dollarize. Citadel’s founder and CEO Keith Griffin commented that individual investors are seeking ways to escape dollar positions. The recently emerging ‘debasement
Dutch cryptocurrency firm Amdax raised 30 million euros to start its Bitcoin treasury initiative AMBTS. The firm aims to covet 1% of the total BTC supply. Summary Dutch crypto firm Amdax has completed its €30 million ($35 million) funding round to launch Amsterdam Bitcoin Treasury Strategy. The firm aims to accumulate up to 210,000 BTC,
Bitcoin (BTC) breached $126,100 for the first time in history on Oct. 6, climbing 2.5% in 24 hours as record institutional demand and macroeconomic uncertainty converged to push it to new highs. Bitcoin has since retraced to $123,500, sitting around the previous all-time high, which now acts as a support for the uptrend. The rally
Solana’s network continues to show unexpected resilience, according to new research from Matt Mena, a crypto research strategist at 21Shares. In a blog post published Monday, Mena said Solana generated roughly $2.85 billion in annual revenue from October 2024 through September 2025, cementing its position as one of crypto’s fastest-growing blockchain economies. He described the
Cardano founder Charles Hoskinson has expressed optimism about Elon Musk’s Grokipedia, a proposed Wikipedia competitor aiming to provide less biased content. Hoskinson shared on X yesterday that Grokipedia would not just provide real competition for Wikipedia but also help diversify information sources. Elon Musk to Launch Grokipedia For context, Hoskinson’s reaction followed an update from
Bitcoin continues to dominate headlines as it breaks past $124,000, fueled by renewed optimism surrounding the U.S. Strategic Bitcoin Reserve (SBR). This excitement follows Senator Cynthia Lummis’s remarks that funding for the reserve “can start anytime,” a move widely seen as a major step toward legitimizing government-backed Bitcoin initiatives. Analysts and traders suggest this could
Polymarket, one of the leading on-chain prediction markets, now lets users deposit Bitcoin (BTC) directly on its platform. The move marks the company’s official expansion to the Bitcoin network, adding new liquidity and accessibility as it prepares for a reported $200 million funding round that could value the firm near $1 billion. Bitcoin deposits. Now
Fidelity Investments has made another major move in the Bitcoin market. It purchased $112.3M worth of BTC to expand its holdings. The purchase underscores the growing appetite among institutional investors for digital assets. As Bitcoin continues to solidify its place in traditional finance portfolios. According to on-chain data from Arkham Intelligence, the transactions were recorded