India Criticises ‘Unbacked Crypto’ as RBI Unveils New Digital Currency Initiative
India has reiterated its cautious stance toward cryptocurrencies such as Bitcoin while announcing fresh plans for a Reserve Bank of India (RBI)-backed digital currency. The move reflects the country’s preference for sovereign-backed digital solutions over unregulated crypto assets. Government Unveils RBI-Backed Digital Currency PlanCommerce Minister Piyush Goyal revealed that India
Here’s What Happened in Crypto Today: Record Inflows, Banking Shake-Up, and DefiLlama Delisting
Crypto markets witnessed a flurry of major developments today as digital asset funds broke new records, a new law threatened traditional banks, and DefiLlama took a decisive step against questionable trading data. Here’s a round-up of the key highlights shaping the day in crypto. Crypto Funds Break Records with $5.95
A7A5 Emerges as the Largest Non-US Dollar Stablecoin Despite Sanctions
A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has become the world’s largest non-US dollar stablecoin, despite being under heavy international sanctions and scrutiny. The token’s market value surged 250 per cent in a single day to reach a capitalisation of around 500 million dollars, surpassing all other non-dollar rivals,
Crypto Venture Capitalists Grow Cautious as Market Matures
Crypto venture capitalists are taking a far more measured approach to investments in 2025, stepping away from hype-driven narratives and focusing on projects with proven utility and sustainable growth, according to industry executives. Bullish Capital: No More “Ethereum Killer” Bets Sylvia To, director at Bullish Capital Management, said that venture
Sam Bankman-Fried Says Handing FTX to New CEO Was His “Biggest Mistake”
Sam Bankman-Fried, the imprisoned founder of the collapsed cryptocurrency exchange FTX, has claimed that his “single biggest mistake” during the company’s downfall was handing control to its new management, a decision he says cost him a final chance to save the $32 billion firm. Bankman-Fried Reflects on FTX’s Collapse In
Wall Street Turns to IPO-Ready Crypto Firms as Altcoin Market Waits
Wall Street’s attention is shifting from early-stage digital assets to established cryptocurrency firms preparing to go public, with billions in capital at stake. Analysts suggest this trend could reshape the next phase of the crypto market cycle and redefine what an “altcoin season” looks like. Billions in Crypto IPOs on
Bitcoin Futures Turn Aggressively Long as $110,000 Gap Remains Unfilled
Bitcoin futures markets have shifted towards bullish momentum this October, with whales stepping up aggressive long positions. Despite expectations of a retracement, a $110,000 price gap in CME Group’s Bitcoin futures remains unfilled, fuelling speculation over the next move for the cryptocurrency. Futures Buyers Drive Uptober Momentum October has brought
XRP Whale Accumulation Signals Push Toward $4.20
Whales Buy into Pullback XRP has once again caught the attention of large investors. The token bounced from $2.70 support and climbed as high as $2.92 on Monday, marking an 8.5% rise before easing back due to profit booking. Despite this short-lived rally, whale activity and technical patterns suggest a
IoTeX unveils Real-World AI Foundry to challenge centralised intelligence
A decentralised alternative to closed AI Decentralised identity protocol IoTeX has launched the Real-World AI Foundry, a global initiative designed to build open, blockchain-powered artificial intelligence. The announcement was made during the R3al World AI Summit at the Singapore Token2049 conference in collaboration with founding Alignment Partners that include Vodafone,
Qatar National Bank Adopts JPMorgan Blockchain for Faster US Dollar Payments
Qatar National Bank Group (QNB), one of the Middle East’s largest lenders, has begun using JPMorgan’s Kinexys blockchain platform to process corporate payments in Qatar. The move is expected to transform the speed and efficiency of cross-border transactions, which have traditionally been slowed by banking infrastructure limits. Near-Instant Payments Around
