India’s gold dominance is facing a new challenge as crypto ownership approaches 100 million users, although the gap remains wide. About 700 million Indian adults, 75%, own gold, compared with roughly 97.5 million, 10.2%, who hold crypto, according to figures cited by CoinDCX co-founder Sumit Gupta on September 3, 2026. The contrast highlights both gold’s
Flowra Ltd., a blockchain infrastructure company focused on validator and order flow solutions for Solana, has signed a Memorandum of Understanding (MOU) with Korea Gold Exchange Digital Asset Co. Ltd. (KorDA) to explore the use of gold-backed digital assets in supporting Solana validator infrastructure. Under the proposed model, KGLD, a gold-backed digital asset held or
Ethereum has made notable strides in its ecosystem, recently announcing multiple upgrades and transitions that could reshape its infrastructure. The GnosisDAO has approved a significant move to transition its chain to a ZK-proven Ethereum L2 rollup, enhancing app interoperability. Additionally, BlackRock’s introduction of tokenized share classes on Ethereum signals growing institutional interest, which could reshape
Bottomline, a top-three Swift service provider, has entered a strategic partnership with Chainlink to enhance cross-border payments for its 600+ bank customers. This collaboration signifies a crucial step in integrating blockchain technology into traditional finance, particularly as Bottomline moves over $16 trillion in payments annually. The implications of this partnership could significantly streamline cross-chain transactions
Hedera is spotlighting its commitment to innovation in onchain analytics and tokenization through a recent tweet. The announcement emphasizes the development of creator infrastructure and tokenized memberships, showcasing the platform’s expanding capabilities. This focus on technological advancements could attract more developers and users to the Hedera ecosystem, highlighting its potential impact in the blockchain space.
Solana is making strides in the luxury market by partnering with The Luxury Closet to tokenize Birkin bags. This move was highlighted by a recent tweet from the Solana account. By bringing authenticated luxury goods onchain, Solana aims to enhance market accessibility and attract new users interested in luxury digital assets. What Went Down Solana’s
Bitcoin price $BTC has risen 2.3% over the past 24 hours to roughly $78,500, breaking above $78,000 as softer US employment figures, fresh spot ETF inflows, and lower Treasury yields have supported demand for $BTC. ADP reported that US private employers added 38,000 jobs in August, below market expectations of roughly 47,000 and the weakest
September rate-hike odds have fallen to 38% on Polymarket after Federal Reserve Governor Christopher Waller said cooling August inflation could persuade him to support holding rates steady. Waller makes August CPI the Fed rate hike test The Federal Reserve said in Waller’s published remarks on Sept. 3 that his decision at the September Federal Open
Bitcoin price held near $77,700 on Sept. 3 after recovering from an intraday low around $76,264, but weakening spot demand and $236.5 million in US ETF outflows kept the rebound under pressure. Bitcoin price holds above $77,000 According to data from crypto.news, Bitcoin ($BTC) price traded around $77,700 at the time of writing, up about
Bitcoin could reach $840,000 within five years under River’s most aggressive institutional-allocation model, but CoinDCX co-founder Sumit Gupta has challenged key assumptions behind it. River estimates $1.3 trillion to $5.3 trillion in net inflows if 20%–40% of investor portfolios adopt average Bitcoin allocations of 2%–4%. Source: X Using a three-times market-cap effect for every dollar