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The post Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch appeared on BitcoinEthereumNews.com. Nasdaq-listed Coinbase exchange announced Monday a major market move: the launch of direct rails for Indian rupees (INR). Starting June 1, 2026, the exchange’s Indian customers can deposit and withdraw rupees directly from their bank accounts via the Immediate Payment Service (IMPS), a move designed to eliminate the need for intermediaries and simplify the often-clunky process of entering the crypto market in the region. For a long time, Indians have had to rely on Peer-to-Peer (P2P) markets or third-party intermediaries to fund their crypto accounts. This method can be slow and, at times, risky, often leaving vulnerable users to payment scams or the sudden freezing of their bank accounts by law enforcement due to suspicious fund trails from unknown counterparties. Coinbase is bypassing that by integrating directly with the Immediate Payment
Read full articleTurkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Turkey’s Crypto Adoption Surge Signals a Larger Regional Shift Ripple Senior Executive Officer and Managing […]
The post Coinbase Opens Regulated Crypto Derivatives Trading To US Investors Via CFTC-licensed Subsidiary appeared on BitcoinEthereumNews.com. Coinbase Opens Regulated Crypto Derivatives Trading To US Investors Via CFTC-licensed Subsidiary Skip to content Home Crypto News Coinbase opens regulated crypto derivatives trading to US investors via CFTC-licensed subsidiary Source: https://bitcoinworld.co.in/coinbase-cftc-regulated-crypto-derivatives-us-investors/
The post Crypto Market This Week: US Jobs Data, Global Inflation, CLARITY Act In Focus appeared on BitcoinEthereumNews.com. This week, the crypto market awaits a slew of U.S. economic data, a Fed statement and inflation reports from key economies. Data may affect market expectations regarding interest rates, liquidity, and risk appetite in the crypto space. U.S. Jobs Data Expectations The emphasis will be on the U.S. labour market. The U.S. unemployment data report is being awaited by market participants. They anticipate a slight decline in job growth from the prior months and that the unemployment rate will not drop much from 4.3%. In addition, crypto market participants will look for signs of labor market strength in job openings on JOLTS, ADP private payrolls, Challenger job cuts. Also, the weekly initial jobless claims will be released. Recent data indicated a slowdown in activity as the number of new jobless claims in the U.S. increased to 215,000, but not dramatically. The employ
The post Bitcoin Price Set to Break Free: Recent Calm May Signal Major Shift appeared on BitcoinEthereumNews.com. After months of stability, the crypto market might soon experience significant fluctuations. Expert Maartunn has spotlighted Bitcoin‘s limited trading range and forecasts that a substantial movement, between 10% and 20%, could be imminent, accompanied by increased trading activity. Continue Reading:Bitcoin Price Set to Break Free: Recent Calm May Signal Major Shift Source: https://en.bitcoinhaber.net/bitcoin-price-set-to-break-free-recent-calm-may-signal-major-shift
The post Binance Loses $1.2B in Stablecoin Outflows as Crypto Liquidity Dries Up in May appeared on BitcoinEthereumNews.com. TLDR: Binance recorded $1.2B in net stablecoin outflows in May, reversing two months of positive inflows. Bitcoin dropped 3.5% in May while the S&P 500 and Nasdaq posted gains of 5.15% and 10.5% respectively. Binance stablecoin reserves have fallen from $51B to $44B since November 2024, a decline of 13.7%. Analysts describe Bitcoin’s current rebound as technical, not backed by consistent liquidity-driven momentum. Binance stablecoin outflows reached approximately $1.2 billion in May 2025, marking a sharp reversal from the two prior months of positive inflows. This shift came even as traditional equity markets posted strong monthly gains. The S&P 500 rose 5.15%, while the Nasdaq climbed 10.5%. Bitcoin, however, closed the month down 3.5%, reflecting a disconnect between crypto and equities. Liquidity is not flowing into the digital asset market at this time. Crypt
The post If you invested $1,000 in SanDisk stock one year ago, here’s your return now appeared on BitcoinEthereumNews.com. SanDisk (NASDAQ: SNDK) stock has emerged as one of the market’s biggest winners over the past year, rewarding investors who capitalized on the firm’s venture into artificial intelligence infrastructure and high-performance data storage solutions. Notably, by press time, SanDisk stock was trading at $1,694, having gained 4,440% over the past year. SNDK one-year stock price chart. Source: Google Finance This translates to a return of about $45,400 for investors who invested $1,000 in the stock a year ago, bringing the total investment profit to $44,400. The main driver behind SanDisk stock’s rally has been booming demand for AI infrastructure. The company became an independent public entity in February 2025 after separating from Western Digital, creating a pure-play NAND flash and SSD business at a time when AI-related storage demand was accelerating. Since the spin
The post Hyperliquid’s HYPE Token Hits $70 All-Time High and Overtakes Dogecoin in Market Cap appeared on BitcoinEthereumNews.com. Something significant just happened in the crypto market that did not involve Bitcoin or Ethereum as Hyperliquid’s native token HYPE hits $70 for the first time. This sets a new all-time high, enough to overtake Dogecoin, one of the most recognized names in the entire industry. For a project running on eleven employees and a grinding work ethic, the numbers being put up in 2026 are genuinely hard to process. HYPE Hits $70 and Flips Dogecoin HYPE hits a new all-time high of $70, a price level that places the token firmly in the top tier of crypto assets by market capitalization. The move pushes Hyperliquid’s total market cap into the $20 billion range, and in doing so, it clears Dogecoin, a coin that has been a fixture of the top ten for years and carries name recognition that most crypto projects never come close to matching. The distance HYPE has covered i
The post Hyperliquid ($HYPE) Hits $69 First Time In History Amid Crypto Market Lingers In Fear Zone appeared on BitcoinEthereumNews.com. Hyperliquid, a renowned decentralized L1 blockchain, has made a key achievement in the price performance of its flagship $HYPE coin. Particularly, the $HYPE coin has for the 1st time reached the $69 mark in its price. As per the data from CoinMarketCap, this development is crucial at a time when the wider cry pto market remains in the “fear zone.” Hence, the move has positioned Hyperliquid among the champions in the crypto market, and the latest rally could attract a wider user base in the near term. Hyperliquid’s $69 Surge Indicates Wider Retail and Institutional Interest Amid Robust Fundamentals Hyperliquid’s ($HYPE) spike to $69 is a milestone highlighting the impact of the complete on-chain order book framework of the project. In this respect, the retail and institutional market participants are taking more and more interest in Hyperliquid. Irresp
