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Binance has to pay millions in fine in India

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Binance has to pay millions in fine in India

Binance is said to have violated anti-money laundering laws in India. Now it faces a fine of millions.

India’s Anti-Money Laundering Agency Imposes $2.2 Million Fine on Binance

India’s anti-money laundering agency has imposed a substantial fine of $2.2 million on Binance, the world-renowned cryptocurrency exchange, for violations of money laundering laws. This action follows a thorough investigation and review process by the Anti-Money Laundering Authority.

“After reviewing the written and oral submissions, the Director of the Anti-Money Laundering Authority found, based on the materials available, that the allegations against Binance were substantiated,” the authority’s document stated. This conclusion underscores the severity of the violations and the firm stance taken by Indian authorities in combating financial crimes.

The scrutiny of Binance and other cryptocurrency exchanges is not new. In January of this year, several foreign Bitcoin exchanges, including Binance, faced regulatory pressure which led to the temporary suspension of their services in India. This move was part of a broader effort by Indian regulators to tighten controls on the rapidly evolving cryptocurrency market.

Despite the challenges earlier this year, Binance, along with KuCoin, has recently been granted permission to resume trading operations in India. However, Binance’s return to the Indian market comes with the condition of the significant penalty payment, reflecting the ongoing regulatory vigilance in the sector.

This development highlights the complex and often contentious relationship between cryptocurrency platforms and regulatory bodies worldwide. As digital currencies continue to gain popularity, ensuring compliance with national and international financial regulations remains a critical challenge for exchanges like Binance.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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4 Top Performing Crypto Projects to Keep on Your Radar This Month!

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The crypto market is gearing up for what could be one of its most action-packed years yet, and all eyes are on the top-performing crypto projects with the power to deliver outsized returns.  From DeFi heavyweights to innovative Layer-1 platforms, the field is crowded, but a handful of projects are making the strongest case for breakout potential.

This rundown spotlights Hyperliquid (HYPE), Aptos (APT), and Hedera (HBAR), before closing with BlockDAG, the presale rocket that could secure a place among the top-performing crypto stories of the decade. Whether someone leans on stability or chases rapid growth, these names bring both options to the table.

1. BlockDAG: $376M Presale Pushes Toward $1 Dream!

BlockDAG’s presale is hitting overdrive, and hesitation means paying more later. Sitting in Batch 29 at just $0.0276, the project already has its sights on a $1 launch target, translating to potential 36x gains. So far, BlockDAG has raised an eye-catching $376 million with 25 billion coins sold, proving demand is far from cooling down. Each closed batch pushes the price upward instantly, tightening the window for early entry.

But this momentum isn’t empty buzz. The backbone is its advanced hybrid design, merging DAG with Proof-of-Work for ultra-fast, secure, and highly scalable transactions. Adoption stats are surging too: 19,000 ASIC miners distributed and over 2.5 million participants already engaged through the X1 mobile miner. Developers are actively preparing utilities to be ready from day one of mainnet launch, ensuring BlockDAG hits the ground running.

Once Batch 29 is gone, entry costs climb higher, and historically, those who moved early reaped the biggest rewards. Among the top performing crypto contenders, BlockDAG has carved out its place as the one people may regret passing up, as post-launch prices could easily trade multiples higher within months.

2. Hyperliquid: $6B TVL Cements Its DeFi Power

Hyperliquid is quickly establishing itself as a heavyweight in the decentralized exchange (DEX) sector. Its Total Value Locked (TVL) has surpassed $6 billion, with one day alone adding $395 million, a clear indicator of mounting confidence from both retail and institutions.

Big backers are noticing: Galaxy Digital staked $125 million USDC under a delta-neutral play, underlining belief in the platform’s liquidity depth. Records are falling too, with August 15 marking $29 billion in 24-hour volume and $7.7 million in fees, sending HYPE up 19% as it approached the $49.75 resistance level.

Chart signals are favorable, with RSI hovering around 63 and MACD tilting bullish, suggesting a path toward $55. With explosive usage and deep liquidity, Hyperliquid is locking in its status as one of 2025’s top-performing crypto projects.

3. Aptos: Trading Near $4.80 With Bullish Outlook

Aptos continues to shape its reputation as a steadily growing Layer-1 network. Trading near $4.80, APT added about 6% last week, holding steady despite not keeping pace with the fastest movers. With a $3.3 billion market cap, Aptos remains in the mid-cap zone, leaving space for expansion without the baggage of oversized valuations.

Market action reflects active interest, with price swings between $4.64 and $5.15 offering both risks and opportunities depending on strategy. Support levels around $4.60–$4.70 provide a foundation, while short-term outlooks lean bullish.

Though not the flashiest contender, Aptos’s consistent adoption and ecosystem growth keep it on the radar for those balancing stability with growth. It may not always top headlines, but its position in the top-performing crypto conversation is undeniable.

4. Hedera: Golden Cross Hints at Stronger Moves Ahead

Hedera has been drawing attention as it edges closer to breaking into the top-performing crypto ranks. The news of Grayscale filing for a Hedera Trust ETF put the project squarely in the institutional spotlight, while technicals like a golden cross and double-bottom structure hint at bigger moves ahead.

Currently priced near $0.25, HBAR has cooled slightly but still shows a 10% monthly climb. A decisive push above $0.265 would mark a breakout from a long-term 1,400-day resistance trendline, potentially opening the door to a new cycle high.

Meanwhile, Hedera’s fundamentals continue strengthening, with growing stablecoin activity and a rising DeFi presence. For those eyeing projects with both reliability and breakout upside, Hedera checks both boxes and keeps its seat at the top performing crypto table.

Looking Ahead

The race for the top-performing crypto of 2025 is heating up fast. Hyperliquid’s DeFi surge, Aptos’s steady Layer-1 momentum, and Hedera’s institutional tailwinds each point to solid growth paths. Yet BlockDAG’s presale momentum, hybrid architecture, and surging adoption make it the standout story with the strongest potential upside.

With institutional money flowing in, new technology reshaping the market, and retail excitement roaring back, 2025 looks set for massive moves. Diversification across these players while taking early positions in presale giants like BlockDAG could mean the difference between ordinary gains and exponential ones.

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Crypto News: Pi Coin Slips, Toncoin Attracts Millions, but Cold Wallet’s $6.3M Presale Looks Unstoppable

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Crypto markets are shifting in ways that test both retail confidence and institutional appetite. Pi Coin price is struggling as its correlation with Bitcoin has slipped to just 0.52, leaving investors unsure whether independence means growth or more risk. Toncoin news grabbed headlines with a $558 million treasury infusion, signaling deep-pocketed faith but also raising questions about whether retail buyers can keep pace with institutional moves. 

And then there’s Cold Wallet (CWT) , a presale rocket already past $6.3 million, selling through stages at speed, and preparing for a launch price nearly 35x higher than today’s. In a market full of hesitation, velocity often signals conviction. For those seeking the crypto with the most potential in 2025, CWT is rewriting the presale playbook.

Pi Coin Weakens as Bitcoin Link Fades : Time to Rethink Your Crypto Play?

Pi Network (PI) is slipping as its connection to Bitcoin grows weaker. Recent data shows its correlation with BTC has dropped to 0.52, meaning Pi’s price no longer follows Bitcoin as closely as before. This break from the market leader is making some holders sell, while daily trading stays stuck near $0.34. At the same time, upcoming token unlocks may add more selling pressure. 

For investors, this shift could be a double-edged sword: less dependence on Bitcoin might mean Pi can grow on its own, but it also signals instability. If Pi manages to carve its own path, early entries could be rewarding, but waiting too long might leave investors chasing the rally later.

Nasdaq Firm Drops $558M to Become Toncoin’s First Public Crypto Treasury

TON’s treasury arm has secured $558 million from Co., a Nasdaq-listed company, marking one of the largest funding rounds in recent months. The deal highlights how institutional players are doubling down on blockchain projects that offer both liquidity and strategic reserves. By channeling capital into TON’s ecosystem, Co. is betting that treasury-backed tokens can serve as a stable foundation for scaling Web3 applications. 

For investors, this move signals confidence at a time when volatility keeps retail sentiment cautious. With fresh capital, TON now has a wider runway to expand its infrastructure and attract developers. The question for retail traders is whether they want exposure before broader adoption sets in history suggests large-scale treasury commitments often precede stronger price performance.

$6.3M in Weeks: Cold Wallet Presale Moving Too Fast to Ignore

Cold Wallet isn’t crawling into the market; it’s sprinting. In just a few weeks, the project has raised more than $6.3 million, sending a clear signal: demand is accelerating faster than most retail investors realize. In crypto, speed matters. A rapid presale usually means supply compresses before most latecomers can react, and that’s exactly what’s happening here.

At Stage 17, Cold Wallet’s token, $CWT, is priced at $0.00998. On paper, that looks tiny. In practice, it’s the kind of number investors look back on and say, “I should have loaded up.” Why? Because this presale doesn’t stop until 150 stages are complete, with a confirmed listing price of $0.3517. 

The gap between where it trades now and where it launches is a built-in 3,400%+ ROI opportunity if you catch it early. Each stage moves the batch price higher, squeezing the upside for anyone waiting on the sidelines.

Momentum isn’t just about charts; it’s about velocity. Cold Wallet has already burned through more than 750 million tokens sold, and at this pace, the window to secure sub-penny entries won’t stay open. Crypto markets reward speed, and $CWT’s presale is showing the same velocity that often precedes breakout adoption. The question is simple: will you be in before the next price jump, or chasing after?

Pi Coin Stumbles, Toncoin Anchors & Cold Wallet Accelerates

In today’s market, three narratives compete for investor attention: a weakening Pi Coin price, a capital-heavy Toncoin news cycle, and the velocity-fueled rise of Cold Wallet (CWT). Each offers a different path: uncertain independence, institutional anchoring, or retail-powered speed. But only one combines accessibility with explosive ROI potential. 

At $0.00998 in Stage 17, CWT is still priced for early entry, with a confirmed listing at $0.3517 compressing upside with each presale stage. While Pi Coin holders debate correlation and Toncoin leans on treasury reserves, CWT proves momentum creates its own market gravity. For investors weighing the crypto with most potential analysis, the message is clear: Pi and TON may move, but Cold Wallet is already running.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial

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Cold Wallet Raises $6.3M in A Few Weeks While Solana Rebounds and PEPE Holds Steady in Volatile Markets

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The crypto market in 2025 is still marked by big questions around control, ownership, and long-term value. Solana continues to defy economic pressure with a price rebound, while PEPE proves that decentralised meme-driven projects can stay resilient even through steep drops.

 But it’s Cold Wallet that brings a different layer to the table, reshaping how people view custody, rewards, and privacy. With over $6.3 million raised and more than 736 million tokens sold, it is quickly becoming one of the top crypto coins to watch. Cold Wallet doesn’t just store assets, it rewards users, protects their data, and gives them a real say in governance.

Cold Wallet Expands Beyond the Limits of Self-Custody

The collapse of centralised platforms such as FTX pushed the crypto crowd to demand self-custody. Many wallets stepped up, but most delivered only the basics, safe storage. Cold Wallet has gone further. It transforms every interaction into a rewarding moment. Swapping, bridging, or paying gas doesn’t just drain funds; instead, users receive CWT back. This flips the script from losing value to gaining value through regular use.

Its presale success backs this up. With $6.3 million already raised, Cold Wallet has reached stage 17, pricing CWT at $0.00998, compared to a set launch price of $0.3517. That difference reflects strong upside potential for early supporters. But numbers alone don’t tell the whole story. Cold Wallet embeds privacy by using zero-knowledge tech, ensuring data and transactions remain shielded. On top of that, holders get DAO voting rights, giving them real influence on how the ecosystem evolves.

This is what separates it from the pack: not just storage, but rewards, privacy, and governance—an all-in-one design built around user needs. As traction grows, Cold Wallet is positioning itself not only as another presale but as a system where participation equals ownership.

Solana Shows Signs of Strength with Price Recovery

Solana’s rebound highlights how resilient its network remains despite broader market pressures. After dipping near $192, SOL climbed to around $198, even with inflation numbers creating wider economic concern. On charts, an inverse head and shoulders pattern on the 4-hour timeframe adds technical weight to the recovery, pointing toward possible higher levels if volume rises.

But the real story isn’t only in the chart action. Solana reflects the durability of decentralised ecosystems. While traditional finance reacts heavily to macroeconomic swings, projects like SOL continue to build and hold strong. The community’s faith in its long-term future fuels this price resilience, proving that decentralised protocols can thrive even when conditions look rough.

PEPE Maintains Community Power Despite Sharp Market Moves

PEPE coin has faced heavy turbulence, dropping about 7.4% recently to $0.00001119. Whale sell-offs and over $6 million in liquidations triggered the move, yet key support levels remain intact. If these supports hold, analysts suggest a possible run toward $0.00039, which would represent a 30× rise from its current level.

This rollercoaster movement reflects the strength and unpredictability of decentralised networks. Prices swing not from one entity but from a blend of community moves, sell-offs, and recoveries. Despite the volatility, PEPE continues to show why decentralised meme coins capture attention; they are unpredictable, community-driven, and capable of sharp comebacks.

Cold Wallet Brings Rewards, Privacy, & True Ownership 

What sets Cold Wallet apart is its refusal to stop at storage. It integrates real-time rewards, zero-knowledge privacy, and community control through DAO mechanics. Users don’t just hold assets; they actively benefit from using them. With its presale already passing $6.3 million and over 736 million tokens sold, Cold Wallet has proven early demand.

This isn’t just another project following a trend. It gives back at every step, builds with privacy at the core, and puts control back into the hands of the community. For those searching beyond price action and hype, Cold Wallet offers something much stronger: a working structure where ownership truly belongs to the user.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial

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