[ad_1] The crypto landscape in India remains a grey area, with the Asian superpower yet to establish a comprehensive crypto regulation framework. However, recent developments indicate that India is moving toward stricter oversight of the cryptocurrency industry. The Financial Intelligence Unit of India (FIU-IND) has ordered all crypto exchanges operating in the country to update their users’ Know Your Customer (KYC) details by June 30, 2025. This move is seen as part of India’s broader efforts to strengthen crypto regulation and ensure tax compliance. Why the FIU Is Updating KYC Rules According to reports, a Financial Intelligence Unit investigation revealed…
Author: NBTC
[ad_1] Cryptocurrency exchange giant Binance has released a comprehensive update regarding its listing and delisting criteria on its Spot, Futures, and private Binance Alpha platforms. The update shows that it has a rigorous due diligence process focused on project fundamentals, tokenomics, technical risks, and regulatory compliance. In an official announcement titled “Important Notice Regarding Binance Listing Information and Requirements,” Binance detailed its multi-layered approach to evaluating crypto projects seeking to be listed. The listing framework now includes three primary categories: Binance Alpha Divided into circulating and non-circulating projects, Alpha Featuring serves as a launch pad for early-stage and emerging projects.…
[ad_1] GT Protocol is excited to announce its groundbreaking partnership with Ice Open Network (ION). This strategic alliance aims to take a major leap forward in the integration of AI and blockchain. It further marks a significant leap forward in the evolution of Web3. This advancement strives to create intelligent automation with robust infrastructure. ⭐️ GT Protocol x Ice Open Network Partnership! 🤝We’re excited to partner with @ice_blockchain — a high-performance L1 blockchain focused on decentralization, scalability, and privacy.With this partnership, we’ll join Online+ and integrate GT Protocol’s AI Execution… pic.twitter.com/gX7gE5UKR8 — GT Protocol (@GT_Protocol) April 25, 2025 This collaboration…
[ad_1] It’s been one year since Bitcoin had its quadrennial halving event, which usually sends the price soaring. But while it’s true that Bitcoin rose to an all-time high in the months following the latest halving in April 2024, the percentage spike has not been nearly as sizable as in past cycles. Data provider Kaiko told Decrypt that though the biggest coin’s price is indeed up, macroeconomic factors have hindered it from making the same kind of gains. In the report, Kaiko said that at recent levels, the increases represented the “weakest post-halving performance on record in terms of percentage…
[ad_1] Ethereum breaks key levels but struggles at $1,800. Could growing network activity and increasing long positions spark a move toward $2,000? As the crypto market recovery pauses, Bitcoin drops below $93,000, while Ethereum continues to struggle below the $1,800 level. Currently, Ethereum is trading at $1,769, showing an intraday pullback of nearly 1.5%. While Ethereum continues to face resistance, optimistic traders anticipate a post-retest bounce. Could this recovery push the price past the $2,000 mark? Let’s find out. Ethereum Price Analysis On the 4-hour price chart, Ethereum’s trend showcases a bullish breakout from a long-standing supply zone, surpassing the…
[ad_1] The price of Bitcoin added to yesterday’s gains, despite dipping earlier Wednesday after the Trump Administration’s latest zigzag on trade. The leading cryptocurrency was recently trading hands around $93,400, up 2.2% over the past 24 hours, according to crypto data provider CoinGecko. It had fallen near $92,000 earlier in the day. Ethereum and Solana rose 5.3% to $1,780 and 4% to $150, respectively. U.S. Treasury Secretary Scott Bessent said that U.S. President Donald Trump hasn’t made a one-sided offer to reduce tariffs on China, which can be up to 245% on certain goods, per Bloomberg. It may also take…
[ad_1] The SHIB team continues to push meme coins out of circulation. Data shared by the popular wallet tracker Shibburn has revealed a big four-digit surge in the burn rate over the past day. This became possible thanks to millions of SHIB coins getting burned during this period. Meanwhile, SHIB has suddenly experienced a solid 5.2% crash after rising more than 10% overnight. At the time of this writing, SHIB is changing hands at $0.00001444 per coin. SHIB burns up 1,866% According to the aforementioned data source, during the past 24 hours, the amount of meme coins transferred to unspendable…
[ad_1] Republican lawmakers want to scrap the US audit regulator, the Public Company Accounting Oversight Board (PCAOB), to help deliver Donald Trump’s deregulatory plans. On Friday, the House Committee on Financial Services leadership first proposed the audit regulator shutdown. However, Democrats will most probably resist the closing plans for the agency. The PCAOB’s responsibilities could be pushed to the Securities and Exchange Commission if the bill passes The PCAOB was introduced roughly twenty years ago, after the fall of Enron in 2001, to monitor audit practices and regularly inspect US auditing firms. However, as per the proposed legislation, the audit…
[ad_1] Binance Futures leads the market through its April 2025 trading activity, which exceeds $1.049 trillion before the month’s end. Bitcoin’s climb from $85,000 to $94,000 during the recent surge caused a substantial increase in crypto derivatives trading activities across major exchanges. Binance Futures Volumes Passed $1.04T Alongside Strong Price Movement“This already exceeds the volumes seen in February ($962B) and March ($683B), with several days remaining in the month.” – By @JA_Maartun pic.twitter.com/Q0nmSr9TX4 — CryptoQuant.com (@cryptoquant_com) April 25, 2025 In January, Binance achieved its second-highest monthly trading volume total of $1.23 trillion in 2025. The platform exceeded previous volume records…
[ad_1] In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 halving and hashrate increase. According to CoinShares, the weighted average cash cost to mine a bitcoin among publicly traded mining firms jumped sharply by 47%, from $55,950 in Q3 2024 to approximately $82,162 in Q4. Excluding the non-standard Hut 8, the average cost was slightly lower at $75,767, but this still represents a significant 35% increase quarter-over-quarter. When non-cash expenses such as depreciation and stock-based compensation are included, the total average cost rose to $137,018 per bitcoin,…