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Crypto
India cracks down on overseas crypto platforms, 15 targeted for blocking
India’s Financial Intelligence Unit (FIU-IND) has issued non-compliance notices to 15 cryptocurrency service providers for failing to meet anti-money laundering requirements and requested that public access to their apps and websites be blocked in India. A report said not all services have been confirmed blocked. The official announcement did not mention account freezes, balance holds or withdrawal suspensions, though access limits could cause inconvenience.
Crypto
U.S. federal debt tops $40 trillion, bitcoin long-term thesis re-emerges
U.S. federal debt has surpassed $40 trillion for the first time, reviving arguments that bitcoin should be viewed as a scarce, non-sovereign asset. Market views differ on whether debt expansion supports long-term demand, while near-term prices remain more sensitive to interest rates and the dollar. The move coincided with U.S. Treasury steps aimed at calming long-term bond selling. Bitcoin has risen above $73,000 amid mixed interpretations of the rally.
Crypto
Bitcoin bottom debate spreads as focus shifts from price to global liquidity
Market views are split on whether bitcoin has already passed the low of the current cycle. Bitcoin is hovering around $63,500, down nearly 50% from a peak above $126,000 in October 2025. Some see signs of a bottom driven by spot bitcoin ETFs, corporate treasury demand and improving long-term flows, while others warn further declines may come. Several analysts say macro conditions and global liquidity now matter more than crypto-specific indicators.