Connect with us

Financial

RBI regulates crypto trading with no restriction in India

Published

on

RBI regulates crypto trading with no restriction in India

The Reserve Bank of India explains that there is no ban on banks lending bank accounts for the cryptocurrency traders.

In a Right to Information (RTI) question raised by Unocoin co-founder Harish Bv, According to a report by Cointelegraph, the central bank explains that there is no ban.

Feedback to RTI query documented on April 25, On May 22, RBI declared that “As on date, no such prohibition exists. “

As per the report, most of the banks such as The central bank and other commercial banks i.e., State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, and Bank of Baroda have not reacted to queries.

RBI’s directive was suppressed by the Supreme Court in March, that forbidden entities beyond its jurisdiction from trading in digital currencies.

Just after the apex court declaration, traders had put forward questions that banks were going on with to compel regulations.

“After Supreme Court scrapping RBI’s Ban on crypto and RTI’s reply from RBI, it is clear that there is no need for any blockchain or crypto company to register out of India.”

According to the report, Harish clarifies that “Bankers have been saying that they need new RBI circulars mentioning that there are no more restrictions for them to provide bank accounts for crypto businesses. Now, we have received a positive response from the RBI.”

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.

Continue Reading

Financial

$0.0030 Entry, Over 1,500% ROI Potential: Why Everyone’s Talking About BlockDAG Before It Even Hits Exchanges!

Published

on

BlockDAG (BDAG) currently stands out as one of the most talked-about presales in 2025. With over $321 million already raised and 22.8 billion coins sold, the project is becoming a key reference point in the crypto space. Its strong launch plan, early live testnet, mining ecosystem, and unique structure make it a top crypto to buy in 2025.

The presale, currently offering a special limited-time price of $0.0030, is drawing attention from new retail buyers daily. It will rise to $0.0080 in the coming days. With the official launch price confirmed at $0.05, current early buyers can see 1,500% returns at listing.

Accumulation is growing fast, especially among early adopters who spot familiar signs from previous breakouts like Solana and Kaspa. Nearly 200,000 holders are already in. Unlike many Layer 1s, BlockDAG isn’t waiting until listing to deliver results.

Testnet Live, Miners Active: BlockDAG’s Tech is Ready

BlockDAG has already launched its testnet, where developers can build smart contracts right now. It features EVM compatibility, a no-code dApp builder, and contract testing tools, marking a rare level of access during presale. 

Its mining network is also expanding fast. Over 18,170 ASIC miners have been sold, with delivery for X30 and X100 models in July and X10 in August. 

These aren’t props; they support BlockDAG’s PoW model and decentralization plan. More than 2 million users are active on the X1 mobile miner app. That’s major early traction, and rare for pre-launch projects, even compared to top-ranked cryptos.

Launch Plan Revealed: What to Expect Week-by-Week

BlockDAG’s roadmap is set and clear. A six-week countdown to launch is planned later this year, with key updates each step of the way:

  • Week 6: Presale wraps up, TAP/X1 conversions end, and staking concludes.
  • Week 4: Mainnet goes live; ASIC nodes activate.
  • Week 3: Community mining begins before the coin is tradable.
  • Week 2: 40% of presale coins get airdropped. Core DeFi stack launches.
  • Listing Week: BlockDAG goes live on MEXC, LBank, BitMart, Coinstore, and XT.com.

This timeline shows rare clarity. Buyers know what’s coming and when.

How BlockDAG Is Building for the Long Run

BlockDAG is also working on visibility. After a past collaboration with Inter Milan, it’s now developing a U.S. sponsorship deal. Projects like Avalanche and Polygon have used similar moves to boost recognition.

It’s not just branding. BlockDAG has developer grants, hackathons, and a roadmap that targets 1,000+ dApps by 2026. It aims to support builders, miners, and regular users all at once. That balanced approach, tech, marketing, and tools, is what gives BlockDAG long-term potential beyond hype.

Missed Solana? BlockDAG Could Be Your Next Shot

At just $0.0030, and with $321 million already raised, BlockDAG is no longer just an early-stage concept. It’s backed by a working testnet, over 2 million mobile miners, and 18,170 ASICs sold. The launch price is set at $0.05, showing the real upside of early entry.

To be among the top cryptos to buy in 2025, a project needs real tech and solid execution. BlockDAG checks both boxes before it’s even live. This $0.0030 window closes in just one day. As the price moves up to $0.0030, the early entry advantage starts to fade. For many, this might be the opportunity to join early, before the gap between first movers and late arrivals gets too wide.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Continue Reading

Financial

BlockDAG, Solana, Shiba Inu, & Ethereum: Evaluating the Top Crypto to Watch for Future Growth

Published

on

With countless crypto projects on the market, narrowing the field to those with both immediate impact and long-term viability is essential. BlockDAG (BDAG), Shiba Inu (SHIB), Solana (SOL), and Ethereum (ETH) each bring unique features that make them stand out.

BlockDAG is reshaping mining through decentralisation and scalability, while Shiba Inu’s community continues to drive its momentum. Solana remains a leading Layer 1 platform with strong user growth, and Ethereum’s continued development reinforces its position in DeFi and asset tokenisation. This article explores why these four stand among the top crypto to watch going forward.

1. BlockDAG’s Mining Network Offers Real Utility & Growth

BlockDAG is setting new standards in crypto mining. Its X-series mining equipment combines quiet operation with high energy efficiency, helping to reduce environmental impact. Users can also mine directly from their phones without overloading their devices.

Designed for everyone from beginners to experienced participants, BlockDAG’s mining ecosystem includes the X1 mobile app and high-performance rigs like the X10, X30, and X100. These rigs offer superior hash power, outperforming most competitors in energy output.

BlockDAG supports diverse earning models. Users can mine at different levels and resell their hardware through online marketplaces. Daily yields range from 20 to 2,000 BDAG coins, providing flexibility across user tiers.

With $315 million raised during its presale and 23 billion coins sold, BlockDAG’s adoption is accelerating. Early participants in Batch 1 saw a 2,660% return. The limited-time offer of $0.0020 presents a compelling entry for those looking to join a project with strong momentum.

2. Solana’s Expanding User Base & ETF Hopes Fuel Growth

Solana (SOL) is currently trading between $147.15 and $150, moving within a 24-hour range of $144 to $154. It continues to hold its place as a high-performance Layer 1 blockchain, leading in areas like DeFi, NFTs, and development activity. More than 11.6 million wallets now hold at least 0.1 SOL, showing strong engagement across users.

Several key developments could further boost Solana’s standing. The upcoming Solaxy ICO and ecosystem launches are expected to drive more on-chain activity. Additionally, analysts see a 91% likelihood that a Solana ETF will be approved before the end of 2025, which could attract major institutional capital.

3. Shiba Inu Maintains Strong Engagement & Ecosystem Growth

Shiba Inu (SHIB), often labelled as a meme coin, continues to show remarkable resilience and enthusiasm from its community. At $0.00001172, its price reflects overall sentiment but remains influenced by strong holder activity. Even with some selloffs, SHIB’s burn rate has increased sharply, reducing supply.

Shibarium, the project’s layer-2 solution, continues to expand. With rising wallet activity and more ecosystem utilities being introduced, SHIB is evolving beyond its meme status. This consistent development reinforces its place among the top crypto to watch for potential long-term upside.

4. Ethereum Holds Ground While Building Toward Institutional Adoption

Ethereum (ETH) is currently consolidating, trading within a narrow band between $2,428 and $2,635. Although it faces downward pressure, a move above $2,635 could trigger bullish momentum, while a dip below $2,400 might lead to further correction.

Despite its sideways trend, Ethereum continues to attract capital through spot ETF inflows. Its adoption for real-world asset tokenisation is also increasing. Long-term, Ethereum’s value lies in its network upgrades, rising institutional interest, and its role at the centre of decentralised finance and tokenisation.

Evaluating the Top Crypto to Watch

BlockDAG, Shiba Inu, Solana, and Ethereum each bring unique strengths, making them some of the top crypto to watch for the months ahead. BlockDAG leads with its innovative and accessible mining tools, which have raised $315 million and attracted millions of users.

Shiba Inu’s ecosystem continues to evolve, while Solana’s expanding user base and ETF prospects strengthen its case. Ethereum’s upgrades and financial use cases ensure it stays relevant for long-term strategies.

For those seeking exposure to promising crypto technologies, these four projects offer different paths toward growth, innovation, and real-world value in the evolving blockchain space.

Continue Reading

Financial

‘Don’t Fall for Hype’: Shiba Inu Team Urges Extreme Caution Amid Scams

Published

on

A high-ranking executive from the Shiba Inu team has issued a stark warning to the SHIB community, urging investors to exercise extreme caution in the face of a rising tide of sophisticated scams. The alert, which comes amidst a period of market uncertainty, highlights the growing threat of fraudulent schemes designed to prey on unsuspecting investors.

Lucie, a key marketing official for the Shiba Inu ecosystem, took to social media to caution investors about the proliferation of deceptive tokens and fraudulent promotions. She warned that scammers are capitalizing on the current market sentiment by creating fake tokens and generating artificial hype to lure investors into making impulsive decisions. These schemes often promise quick, substantial profits but are engineered solely to steal funds.

“Many tokens are being launched to take advantage of market uncertainty,” Lucie stated, emphasizing that scammers often use emotional tactics and the “fear of missing out” (FOMO) to bypass investors’ better judgment. She specifically called out the social media platform X (formerly Twitter), noting it is “full of bots, fake promotions, and misleading posts,” which makes it increasingly difficult for users to distinguish legitimate information from scams.

The Shiba Inu team advises all community members to adopt a highly critical approach. Investors are urged to conduct thorough research before investing in any new project, including diligently verifying the official website and social media channels. “Never invest because of hype,” Lucie stressed.

This recent warning echoes a similar alert issued in November 2024 by the official Susbarium Trustwatch, a security account for the SHIB community. That alert warned about fraudulent accounts impersonating Shiba Inu supporters to promote unknown and likely malicious tokens.

To safeguard their assets, SHIB holders are reminded to never share their private keys or personal information and to be inherently skeptical of unsolicited offers and giveaways. The core message from the Shiba Inu team is clear: in the current environment, vigilance and thorough verification are the best defense against a growing landscape of crypto fraud.

Continue Reading

Trending