Crypto News: Top Stories and Market Insights Driving Today’s Trends

Crypto News: Key Market Moves, Updates, and Highlights of the day

Must-Know Crypto Highlights Making Waves Today!

The latest Fear and Greed Index shows the market firmly in Greed territory with a score of 60. While this is slightly down from yesterday’s 64 and last week’s 70 which still signals optimism among investors. 

Over the past month the trend has hovered in the green zone by reaching 74. This suggests that while excitement remains high the traders might want to stay alert for potential corrections. 

Source: Alternativeme 

What happened in Crypto Today? Let’s Dive into the Top Highlights 

India Pushes for Smarter Crypto Laws & Tax Relief

India is taking a big move towards smarter crypto laws that will be beneficial for the investors. The CBDT is consulting local exchanges on improving rules for decentralised assets includes, reviewing the 1% TDS and allowing traders to offset losses. 

Source: X

This bold move could stop users from moving towards foreign platforms and also boost India’s innovation. With over 10 crore Indians involved in crypto, transparency in regulations could make trading easier, safer and more profitable. 

It shows India's serious push to align with the global decentralised practices without banning the digital assets. 

Coinbase Smart Wallets Hit 1M Users!

Coinbase's smart wallet has crossed a major milestone by crossing 1M users since the Base app was launched. This rise in  270,000 accounts has been created on a single day in the current month that shows growing interest in wallets and combines security with ease of use. 

Source: X

The Base app’s simple setup, Digital key verification and added Decentralised Finance incentives have made it easier for both newcomers and experienced virtual asset users to join.

While analysts raise centralization worries, this benchmark showcases how virtual assets are becoming more accessible and part of everyday finance.

Lykke Hack: $22.8M Stolen by Lazarus Group

North Korean hackers are suspected in the $22.8 million Lykke crypto theft that led to the UK platform’s collapse. The cyberattack  linked to the Lazarus Group which targeted Bitcoin, Ethereum and other digital assets that are exploiting weak anti-money laundering systems. 

Source: X.

Following the hack, Lykke went bankrupt and left the investors fighting for compensation in UK courts. While investigations continue in Switzerland, experts say this could become the largest North Korea-related decentralised heist from a UK company to date. 

$93M Bitcoin Purchase Boosts Metaplanet Holdings

Metaplanet recently bought 775BTC which is worth $93 million and bringing its total holdings to 18,888 BTC which is valued at $1.94 billion. The Tokyo listed firm has seen a 480% yield this year which is fueled by confidence in Bitcoin despite market ups and down. 

Source: X

Since starting its aggressive accumulation in 2024 the firm has steadily increased its reserves that aimed for long-term growth and steady earnings. 

With future targets of 100,000 to 210,000BTC the firm and its 128,000 shareholders are heavily invested and betting on Bitcoin’s continued dominance in the decentralised market. 

Court May Cancel Trump Tariffs, Refunds Possible

A U.S. appellate court is considering ruling Trump-era tariffs unconstitutional which could allow importers to reclaim billions paid on goods from China and other countries. 

These tariffs are meant to protect U.S. industries that often raised consumer prices and added to inflation. Experts say that repealing them could ease economic strain and reduce recession risks.

Source: X

The case also challenges presidential authority under the IEEPA that is highlighting the balance between Congress and the executive in setting trade policies. 

Conclusion

Stay informed and ahead in the crypto world by following today’s top stories and market updates. Knowing the latest trends helps you make smarter moves and seize new opportunities in crypto!