Crypto market sentiment has plummeted to "extreme fear" with the Fear & Greed Index dropping to 10, its lowest level since late February, amid a week of losses across major cryptocurrencies. Bitcoin led the decline, dropping over 5% in the past seven days to trade at levels not seen since early March, with the wider crypto market also losing 5.8% of its value. The sell-off is attributed to a combination of factors, including profit-taking, institutional outflows, macro uncertainty, and low liquidity.
The Madras High Court has ruled on Saturday that cryptocurrency counts as property under Indian law. This means people can own it and even hold it in trust. Justice N Anand Venkatesh said that although cryptocurrencies are not physical objects or legal currency, they still have all the main features of property.
Cryptocurrency a property under Indian law: Madras High Court
The Madras High Court has ruled on Saturday that cryptocurrency counts as property under Indian law. This means people can own it and even hold it in trust. Justice N Anand Venkatesh said that although cryptocurrencies are not physical objects or legal currency, they still have all the main features of property. $XRP $BTC $SOL
Coinbase Revives India Push With Investment in Nation’s Biggest Crypto Exchange CoinDCX
Coinbase has invested an undisclosed amount in Indian crypto exchange CoinDCX. CoinDCX’s valuation has surged to $2.45 billion, up from $2.14 billion in 2022. The deal comes months after CoinDCX was hacked for $44 million
Growing Foreign Interest Could Pressure India Toward Regulation
While New Delhi has been reluctant to introduce a full crypto bill—calling digital assets “speculative” and maintaining steep taxes—market participants believe sustained interest from major global players may eventually force incremental policymaking. Coinbase’s latest move reinforces that trend. With global exchanges aggressively expanding into India and pushing for compliance frameworks, lawmakers may face renewed pressure to shift from ambiguity to structured regulation. $XRP
Coinbase Says India CCI Filing Is Procedural, Not a CoinDCX Acquisition Deal
Coinbase has submitted a regulatory filing with the CCI related to its previously announced minority investment in CoinDCX parent DCX Global Services. The U.S. exchange has invested in CoinDCX three times before and currently holds about 2.5%. India continues to draw major global exchanges despite heavy taxes and unclear regulations. $POL $OM
Bengaluru: Giottus unveils India’s first vernacular crypto futures education platform
Giottus, India’s third-largest crypto exchange with over 1.3 million customers, has launched ‘Giottus Academy’, the country’s first free, online, and open-to-all vernacular platform dedicated to crypto futures education. The academy provides structured modules and live interactive sessions in six languages: English, Hindi, Tamil, Telugu, Malayalam, and Kannada, targeting the development of India’s next 10 million informed crypto traders. #IndiaCrypto #IndiaCryptoRegulations #USGovShutdownEnd?
Why Trump’s Trade Deal With India Could Move Crypto Markets This Week
The crypto market may face a pivotal week as two major macro events converge — a potential US–India trade deal and a breakthrough in the US government shutdown negotiations. Together, they could trigger a liquidity and sentiment shift powerful enough to lift Bitcoin and broader crypto prices. #IndiaCrypto
US House votes to reopen federal government after longest shutdown in history
The US House of Representatives has passed a bill to end the nation's longest government shutdown, sending the measure to US President Donald Trump for his signature. It ends a historic 43-day funding lapse that saw federal workers go without multiple pay checks, travellers stranded at airports and people lining up at food banks to get a meal for their families.
Bitcoin Slips 1.2% as Volume Thins Near $100K Support
Bitcoin dropped 1.24% to $101,558 as trading volume stayed subdued across major exchanges. High-volume rejection at $105,200 confirmed resistance after 189% volume spike during selling episode. December and March put options saw accumulation as institutions hedge elevated valuations above $100K. $BTC
China Accuses US of Orchestrating $13 Billion Bitcoin Hack
China's cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin from the LuBian Bitcoin mining pool. The Chinese National Computer Virus Emergency Response Center said the hack is likely a “state-level hacker operation” led by the US, citing the quiet and delayed movement of the stolen Bitcoin. The US government seized the stolen Bitcoin, with federal prosecutors declining to comment on how or when they obtained control of the Bitcoin, and a lawyer for Chen Zhi calling the government's allegations about Chen “seriously misguided”.
A surge of interest in artificial intelligence has spilled over into India’s cryptocurrency markets, where tokens tied to AI-driven blockchain projects have emerged as investor favourites. Over the past year, the global market capitalisation of AI-related tokens has ballooned from about $2.7 billion to nearly $30 billion, underscoring how quickly investors have embraced the idea of combining two of the decade’s most-hyped technologies
Madras HC recognises cryptocurrency as property: What the landmark ruling means for Indian investors
In a landmark ruling, the Madras High Court has recognised cryptocurrency as “property” under Indian law, marking a crucial turning point for digital asset investors in India. The judgment comes from a case involving an investor whose XRP tokens on WazirX were frozen following a 2024 cyberattack. By holding that crypto assets can be “owned, enjoyed, and held in trust”, the court has effectively granted them the same civil protection that applies to other movable property. The interim order could significantly reshape investor rights, offering new legal remedies in cases of hacks, exchange collapses, or misappropriation.
Chinese 'cryptoqueen' who scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion
A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a UK court on Tuesday to over 11 years in prison. Police said the investigation into Zhimin Qian, 47, led to officers recovering devices holding 61,000 Bitcoin in the largest cryptocurrency seizure in the UK. $BTC
First U.S. Spot XRP ETF Could Go Live on Thursday A successful ETF launch could expand XRP’s liquidity base and potentially trigger inflows from registered investment advisers who may have avoided direct crypto exposure beyond bitcoin.$XRP
#IndiaCrypto COINS Act 2025 (Crypto‑Systems Oversight, Innovation and Strategy Act)— A comprehensive model law unveiled in July 2025 by policy groups Hashed Emergent and Black Dot. It remains non-binding until introduced and passed by Parliament.
India’s crypto sector suffers from regulatory ambiguity, punitive taxation (30% capital gains + 1% TDS on transfers), and limited digital asset rights. The COINS Act addresses these issues through a user-first, innovation-friendly framework inspired by global standards like the EU’s MiCA and Singapore’s sandbox approach .