Last week Bitcoin and Ethereum posted modest gains as fear grips markets, with the Fear & Greed Index at 34 and sentiment turning sharply negative.
Bengaluru-based GoSats has raised $5 million (₹47 crore) to scale its Bitcoin and gold rewards platform, which processes $40 million (₹360 crore) in annual GMV.
The rally closely tracked gains in Bitcoin, which rose around 4% and pushed back toward or above $70,000.
Crypto swung hard as Drift Protocol faced a $270M hack, Bitcoin rebounded, the CLARITY Act advanced fast, and France prepped a first on-chain IPO.
Moody’s confirms taxpayers bear no risk, stating no public funds from New Hampshire will be used to repay the bitcoin-backed bond obligations.
Ethereum bore the brunt of the exodus, shedding $222 million for the week, pushing its year-to-date total into negative territory at -$273 million.
The consumer pitch is simple: pay for your IPL streaming access on Jio Hotstar with crypto. The tax treatment is not.
Viral posts on X amplified the sell-off by claiming a fresh Iranian strike on an oil tanker had triggered the drop, complete with dramatic footage.
