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In brief Union Minister Piyush Goyal announced India will introduce an RBI-guaranteed digital currency at a government event in Doha on Monday. The minister confirmed India has not banned unbacked cryptos but continues to tax them heavily to discourage use. Experts say India’s stance could favor regulated, asset-backed tokens but risk slowing private crypto innovation amid bureaucratic delays. India will introduce a digital currency backed by the Reserve Bank of India as part of a broader strategy to discourage private cryptocurrencies lacking sovereign or asset backing, Union Minister of Commerce and Industry Piyush Goyal announced on Monday.The “RBI-guaranteed” digital currency…

In brief MIT’s Muriel Médard says “control doesn’t scale,” making decentralization inherently efficient. Her firm Optimum tested a new network layer that spread Ethereum blocks 6.5× faster than Gossipsub. Faster data sharing could make blockchains more efficient and lower transaction costs across networks. New research work led by a top MIT researcher suggests that decentralization isn’t just a design choice but a principle of efficiency, where control breaks down as systems scale.In the crypto industry, decentralization is loosely defined as the distribution of power and control across multiple independent participants, rather than a single central authority. It means that no single…

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 revenue as “remarkably strong,” even as the speculative memecoin frenzy that drove early-year trading volumes has cooled.Mena attributed Solana’s strength to its broad mix of activity. He said decentralized exchanges, trading tools, lending apps, wallets, and emerging sectors like DePIN and AI-driven applications all contributed meaningfully…

Crypto markets are at their highest levels in history, and altcoins are finally starting to catch up with their big brother.  The total crypto market capitalization reached an all-time high of $4.4 trillion in late trading on Monday, according to CoinGecko. The move was primarily driven by Bitcoin, which notched a new all-time high of $126,000, but the altcoins were also on the move, spurring analysts to renew calls for altseason. Crypto markets have had a solid year, climbing 30% year-to-date as more than $1 trillion has entered the space since Jan. 1. Nevertheless, gold has outperformed crypto in…

SOL traders continue to position in the altcoin in anticipation of a potential ETF approval by the SEC. How high could Solana’s price go if spot ETFs are approved?

In brief BlackRock’s IBIT generates $244.5 million annually, more than any other BlackRock ETF including products launched 25 years ago. The Bitcoin ETF sits at $98.47 billion in assets, approaching the $100 billion milestone in just 435 days versus 2,011 days for Vanguard’s VOO. IBIT captured $1.8 billion of last week’s $3.2 billion in total U.S. Bitcoin ETF inflows as Bitcoin hit a new all-time high. BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the asset management giant’s most profitable exchange-traded fund, just 21 months after launch, surpassing products that have been generating revenue for more than two decades.IBIT is…

Ken Griffin, CEO of Citadel, expressed deep concern this week over gold’s soaring price and its implications for the U.S. dollar’s role as a global safe haven, according to Bloomberg. Gold futures just breached $4,000 an ounce, marking a gain of more than 50% so far in 2025.The U.S. dollar, measured by the U.S. Dollar Index (DXY) which tracks the value of the dollar against a basket of major foreign currencies including the euro, yen, and pound has lost around 10% of its value this year and currently sits near 98.5.Griffin told Bloomberg, “We’re seeing substantial asset inflation away from…

Digital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, allowing the company to provide “regulated digital asset trading and intermediation services to institutional clients.” The move came just a few weeks after BitGo said its European subsidiary could offer crypto services to local investors under a license from Germany’s Federal Financial Supervisory Authority.“This approval allows us to…

XRP trades near $3 with a bullish flag setup. Analysts see a breakout above $3.15 possibly sending price toward $3.4–$3.6 soon. XRP is trading near the $3 mark after a slight decline over the past 24 hours, while still up 3% over the past week. The price sits around $2.97, with a daily trading volume of about $6.2 billion. Analysts are watching price levels between $3 and $3.15 for signs of a breakout that could lift XRP toward $3.4. XRP Forms a Bull Flag Near $3.00 Analyst Cryptoinsightuk said XRP is showing a bull flag pattern on the 4-hour…

In brief KindlyMD is joining with crypto services provider Antalpha in a strategic partnership. As part of the agreement, KindlyMD’s Nakamoto subsidiary and Antalpha have signed a non-binding letter of intent for the Bitcoin treasury to issue $250 million in convertible debt to Antalpha. KindlyMD will use the convertible notes to expand its Bitcoin Holdings and for general corporate purposes, among other purposes. KindlyMD said Tuesday it plans to boost its Bitcoin holdings through a five-year, $250 million secured convertible note deal between its Nakamoto Holdings treasury unit and Antalpha, as part of a broader partnership between the two Nasdaq-listed…