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  • CoinDCX data reveals India’s rising appetite for diversified digital assets

    CoinDCX data reveals India’s rising appetite for diversified digital assets

    CoinDCX data reveals India’s rising appetite for diversified digital assets

    • CoinDCX users now hold an average of five tokens, up from two to three previously.
    • Women investors doubled year on year with broader diversification trends.
    • Millennials remain the dominant user base as the average age rises to 32.

    Indian crypto investors are showing a stronger preference for diversified digital asset portfolios, marking an early shift toward more deliberate and long-term allocation behaviour.

    CoinDCX’s annual report, released on Thursday, suggests that the country’s retail investor base is gradually moving away from the idea that crypto is synonymous with Bitcoin, signalling broader maturity in market participation in 2025.

    This trend reflects a market becoming more confident, curious, and willing to explore varied opportunities across the expanding digital ecosystem.

    The exchange found that the average user now holds around five tokens, compared with two to three in 2022.

    This steady expansion of holdings indicates a growing awareness of portfolio construction and a willingness to explore different parts of the crypto market beyond the most established assets.

    Layer-1 tokens lead activity

    CoinDCX reported that layer-1 assets accounted for 43.3% of portfolio volumes.

    Bitcoin, priced at $93,133, held a 26.5% share of allocations. Memecoins made up 11.8% of user portfolios, showing that speculative interest remains a part of broader diversification trends.

    According to the exchange, Indian traders have become increasingly comfortable navigating different digital asset categories as adoption widens across the country.

    The report noted that crypto is emerging as a natural extension of the financial products already familiar to many users.

    Millennials dominate participation

    The platform’s user base is ageing upward, with the average trader now 32 years old. Millennials continue to make up the majority of users, outpacing Gen Z in adoption, though younger traders remain active.

    Gen Z users, aged 18 to 24, tend to favour emerging narratives such as layer-2 ecosystems, memecoins, and non-fungible tokens. Their behaviour reflects a greater appetite for thematic or speculative sectors.

    CoinDCX also saw its number of women investors double year on year. These users are diversifying beyond Bitcoin and Ether, priced at $3,183, into tokens such as Solana at $143.04 and Sui at $1.67.

    Founded in 2018 and backed by Coinbase, CoinDCX is one of India’s largest crypto exchanges with more than 20 million registered users. It remains a key gateway for retail access to digital assets.

    India shows wide but shallow adoption

    CoinDCX noted that India continues to lead in early indicators of digital asset awareness, including mobile-first trading behaviour and high engagement across educational content on the platform.

    These signals reflect strong nationwide interest in crypto as a financial category.

    However, the exchange found that deeper, research-driven participation remains limited. Many users enter the market through popular assets or trending narratives rather than sustained ecosystem involvement.

    As a result, the platform characterised India’s adoption as “wide” but not yet “deep”.

    CoinDCX said the country is still in the early stages of its digital asset journey, leaving significant room for education, innovation, and long-term growth as user sophistication develops.

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  • Deutsche Digital Assets and Safello launch staked Bittensor ETP

    Deutsche Digital Assets and Safello launch staked Bittensor ETP

    Bittensor TAO Token

    • Deutsche Digital Assets has teamed up with Safello to list a new Bittensor exchange traded product.
    • The Safello Bittensor Staked TAO ETP offers regulated exposure to Bittensor’s TAO token with staking rewards.
    • Safello’s crypto ETP goes live on SIX Swiss Exchange, one of Europe’s top crypto ETP venues.

    German crypto and digital asset manager Deutsche Digital Assets (DDA) and Nordic cryptocurrency exchange Safello have announced the launch of the Safello Bittensor Staked TAO ETP.

    The launch comes as the crypto industry welcomes a growing number of digital asset-related products across the market, including the Bitcoin ETP by BlackRock. 

    Meanwhile, Bittensor continues to attract attention as a top decentralized artificial intelligence (AI) project.

    Developments around AI, including from Big Tech giants Nvidia, Microsoft and Meta, have often pushed TAO and other AI tokens into the limelight.

    Staked Bittensor ETP lists on SIX Swiss exchange

    Frankfurt-based DDA, a pioneer in crypto exchange-traded products since 2017, announced the new product on October 29, 2025.

    The ETP is a collaboration with Safello and brings a physically backed Bittensor ETP to the expanding market.

    The product tracks the Kaiko Safello Staked Bittensor Index (KSSTAO) and is domiciled in Liechtenstein.

    Trading under ticker STAO (ISIN: DE000A4APQY4) on SIX is slated to commence to enhance seamless buying and selling during standard market hours.

    Moreover, the ETP is fully secured in cold storage by regulated custodian BitGo Europe GmbH and holds 100% physical TAO reserves.

    What it means for investors

    Investors are to benefit from total returns encompassing TAO’s price appreciation plus staking yields, automatically reinvested into the net asset value (NAV).

    With a competitive total expense ratio (TER) of 1.49%, it provides an accumulating income structure, ideal for portfolio diversification amid rising interest in AI-driven blockchain assets.

    Maximilian Lautenschläger, CEO and founder of DDA, emphasized the strategic fit:

    “We are excited to announce the launch of Safello Bittensor Staked TAO ETP through our collaboration with Safello. By leveraging DDA’s white-label ETP platform, we enable our partner to bring their innovative crypto investment strategies to market, while ensuring compliance with regulatory standards.”

    Unlocking decentralized AI

    Bittensor (TAO) is currently trading at $425 and powers a groundbreaking peer-to-peer network, incentivizing collaborative machine learning.

    Participants contribute data, models, and compute power for tasks like image recognition, fraud detection, and protein structure prediction, earning TAO rewards in a proof-of-stake ecosystem.

    With a market cap exceeding $4.3 billion, Bittensor exemplifies the fusion of blockchain and AI, positioning it as a high-growth asset in the evolving digital economy.

    Safello CEO Emelie Moritz commented,

    “The launch of Safello Bittensor Staked TAO ETP underlines Safello’s conviction in decentralised AI. Bittensor is a prime example of how decentralized technology and AI are converging to reshape the future of value creation. Together with DDA, we’re making it possible for investors to easily access this innovation through a regulated and transparent investment vehicle.”

    Bittensor price reached highs of $457 on Oct. 29, but its all-time high is $767, which it hit back in April 2024.

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  • PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

    • Businesses can now accept over 100 cryptocurrencies with near-instant conversions.
    • Pay with Crypto reduces transaction costs by up to 90%.
    • US merchants are now connected to a $4T market and over 650M crypto users

    Indeed, the latest stablecoin regulation in the United States was a game-changer.

    Besides bolstering bullish momentum, the GENIUS Act has seen many firms stepping deeper into the future of fintech.

    To support the increasing cryptocurrency adoption, PayPal has rolled out Pay with Crypto.

    The new product will allow US-based merchants to accept payments in over 100 different coins, including stablecoins, Bitcoin, Ethereum, and Solana.

    The best part. Businesses can automatically convert the received tokens to stablecoin or fiat with a 0.99% transaction fee.

    The new feature reduces the costs traditionally linked to cross-border transactions.

    Most businesses that operate internationally suffer from high fees, complex banking requirements, and delays.

    PayPal aims to solve this through a smoother payment process.

    It also unlocks global growth with a borderless customer base.

    PayPal CEO and President Alex Chriss says:

    Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we’re removing these barriers and helping every business of every size achieve its goals.

    Solving the international payment crisis

    Businesses globally lose billions yearly through international payment models.

    Delayed settlements, unpredictable exchange rates, and credit card fees have dented global trade.

    That is where Pay with Crypto comes in.

    PayPal introduces instant crypto-to-stablecoin or fiat conversion in an already colossal financial infrastructure.
    Furthermore, merchants will not have to worry about the technical side of digital asset transactions.

    PayPal promises to handle everything, including minimizing volatility, to ensure simplicity without compromising speed and security.
    Also, merchants can use PayPal’s Pay with Crypto to increase their profit margins.

    For instance, they will enjoy up to 90% lower processing fees compared to credit cards.

    Also, businesses that hold their funds as PYUSD (PayPal’s stablecoin) will earn rewards.

    Chriss added:

    Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal’s open platform, the business can accept crypto, pay lower fees, and grow their business – all in one simple step.

    What’s next?

    All merchants in the US will access PayPal’s Pay with Crypto feature in the coming weeks, allowing them to receive payments in over 100 supported digital tokens.

    Businesses can link with trusted wallets like Coinbase, Exodus, OKX, and MetaMask to enjoy instant conversion from crypto to stablecoins like USDT or fiat.

    United States citizens will soon use digital currencies like ETH, BTC, and SOL to pay for goods and services.

    Meanwhile, PayPal is establishing itself as a pioneer amid growing crypto adoption.

    Recently, it integrated with Arbitrum to support PYUSD growth.

    Moreover, OKX tapped PayPal to simplify cryptocurrency purchases across Europe.

    These developments come as digital currencies gain ground in the financial landscape.

    The global crypto market cap hovers at $3.93 trillion after correcting from recent highs above $4 trillion.
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  • Michael Saylor urges Microsoft to adopt Bitcoin, says it represents digital capital

    Michael Saylor urges Microsoft to adopt Bitcoin, says it represents digital capital

    • Michael Saylor said Bitcoin represents the “greatest digital transformation of the 21st century”
    • Saylor believes it “makes sense” for Microsoft to buy and hold Bitcoin rather than buy stock back or hold bonds
    • Over the past five years, Saylor said that Microsoft has surrendered hundreds of billions of dollars of capital

    Michael Saylor has told Microsoft that Bitcoin is the best asset a company should own, claiming it represents the “greatest digital transformation of the 21st century.”

    Taking to X, Saylor, CEO of MicroStrategy, posted a three-minute video tagging Satya Nadella, Microsoft’s chair and CEO, and its board of directors. In the video, Saylor said:

    “Microsoft can’t afford to miss the next technology wave, and Bitcoin is the next wave. Bitcoin represents the greatest digital transformation of the 21st century; it represents digital capital.”

    Talking about long-term capital, Saylor noted that risk – including general taxes, politics, recession, regulation, war, and the weather – is destroying over $10 trillion in capital each year.

    Because of this, investors are turning their attention to digital capital, such as Bitcoin, to avoid these risks. In Saylor’s view, “it makes sense” for Microsoft to buy and hold Bitcoin rather than buy back stock or hold bonds.

    “If you’re going to outperform, you’re going to need Bitcoin,” Saylor said. “You’ve surrendered hundreds of billions of dollars of capital over the past five years, and you’ve just amplified the risks that your own shareholders face. If you want to escape that vicious cycle, you’re going to need an asset without counterparty risk.”

    In Saylor’s opinion, that lies with Bitcoin.

    MicroStrategy is fully behind Bitcoin

    Since August 2020, MicroStrategy has been buying Bitcoin. Since then, the company now holds 402,100 Bitcoin, valued at more than $38.4 billion, according to MSTR-Tracker.

    Earlier this month, MicroStrategy purchased an extra 51,780 Bitcoin, valued at $4.6 billion. In a post on X yesterday, Saylor posted that the company had bought an extra 15,400 Bitcoin at $95,976 per Bitcoin.

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  • Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

    Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

    Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt
    • Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt.
    • Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news.
    • Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June.

    In a significant development within the cryptocurrency mining sector, Bitfarms (BITF), a leading Bitcoin mining company, has announced its acquisition of rival Stronghold Digital (SDIG) for $175 million. The deal, which includes $125 million in stock and the assumption of $50 million in debt, marks a strategic move by Bitfarms as it continues to navigate a competitive industry landscape.

    The acquisition terms specify that Stronghold shareholders will receive 2.52 Bitfarms shares for each Stronghold share they hold. This represents a 71% premium based on Stronghold’s 90-day volume-weighted average price on Nasdaq as of August 16.

    The stock-for-stock transaction reflects Bitfarms’ aggressive growth strategy, despite recent challenges and market volatility.

    Giving Stronghold Digital a lifeline

    The deal comes on the heels of Stronghold’s announcement in May that it was exploring strategic alternatives, including a potential sale.

    Stronghold, based in New York, has been actively considering its options in response to the evolving market conditions.

    The acquisition provides Stronghold with a lifeline while enabling Bitfarms to consolidate its position in the market.

    Riot Platforms abandoned Bitfarms takeover bid

    Bitfarms’ move to acquire Stronghold is particularly noteworthy as it comes at a time when the company is also contending with an ongoing approach by Riot Platforms (RIOT).

    Riot, which holds nearly 19% of Bitfarms, previously attempted to acquire the Toronto-based company in June. However, Riot chose to abandon the bid temporarily, opting instead to overhaul Bitfarms’ board of directors.

    This strategic manoeuvre has kept Bitfarms in the spotlight, as Riot’s interest in the company is likely to continue influencing its future actions.

    The market reaction to the acquisition has been mixed, with Bitfarms’ stock dropping nearly 8% in pre-market trading, while Stronghold’s shares surged by about 60%.

    This acquisition underscores the ongoing consolidation within the cryptocurrency mining industry as companies seek to strengthen their positions in a rapidly evolving market.

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  • Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase

    Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase

    Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase
    • Marathon Digital plans to raise $250M via convertible senior notes for Bitcoin buying.
    • The funds will also support corporate initiatives, including debt repayment and expansions.
    • The company holds over 20,800 BTC, worth $1.2B, more than double its nearest competitor.

    Marathon Digital, a leading Bitcoin mining company, has announced plans to raise $250 million through a private offering of convertible senior notes, aimed at increasing its Bitcoin (BTC) holdings and funding general corporate purposes.

    The notes, which will be offered exclusively to qualified institutional buyers, will pay interest semi-annually and are set to mature on September 1, 2031. The specific interest rate and conversion rate will be determined during the pricing process.

    The raised funds will not only be used to purchase more Bitcoin but also to support various corporate initiatives, including working capital, strategic acquisitions, expansion of existing assets, and debt repayment.

    Marathon Digital’s move shows confidence in Bitcoin

    This move comes as Marathon Digital continues to solidify its position as the largest Bitcoin miner globally.

    The company currently holds over 20,800 BTC, valued at approximately $1.2 billion, which is more than double the amount held by its closest competitor, Hut 8.

    Marathon has been actively increasing its Bitcoin reserves, adding more than $124 million worth of the cryptocurrency in July 2024 alone.

    Despite a significant price drop at the beginning of August, Bitcoin has shown resilience, rebounding and trading above $60,000, marking a 16% increase in the last seven days and Marathon’s aggressive acquisition strategy underscores its confidence in Bitcoin’s long-term potential and stability.

    Marathon’s commitment to increasing its Bitcoin holdings highlights the growing trend of companies integrating cryptocurrencies into their balance sheets, reflecting broader confidence in the future of digital assets.

    As large institutional players like Marathon continue to accumulate Bitcoin, the trend is seen as a bullish signal for the market, potentially influencing other investors to follow suit.

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  • Galaxy Digital CEO predicts Bitcoin ETF approval by January 10 as Everlodge tokenizes real estate

    Galaxy Digital CEO predicts Bitcoin ETF approval by January 10 as Everlodge tokenizes real estate

    • Galaxy Digital CEO predicts Bitcoin ETF approval by Jan 10, citing market dynamics and SEC urgency.
    • Everlodge disrupts real estate with blockchain and fractional ownership.
    • Everlodge’s ELDG token features discounts, rewards, and staking; the Beta presale stage attracts investor attention.

    Galaxy Digital CEO Michael Novogratz’s recent insights into the highly anticipated Bitcoin ETF approval set the stage for a dynamic landscape for Bitcoin (BTC) and the entire crypto market.

    As Bitcoin continues to make waves, Everlodge, a unique property marketplace, enters the fray with an innovative approach to fractional vacation home ownership. This article delves into Novogratz’s predictions, the significance of January 10th, and why the Everlodge presale is capturing attention as a promising investment opportunity.

    Bitcoin ETF approval anticipation 

    Michael Novogratz, the CEO of Galaxy Digital, has sparked excitement in the cryptocurrency community with his bold prediction regarding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). In a recent CNBC interview, Novogratz pointed out Bitcoin’s remarkable 150% surge over the past year, attributing this bullish trend to the Federal Reserve’s dovish stance.

    The anticipation revolves around the critical date of January 10th, a potential deadline with legal implications. Novogratz confidently stated, “We’re gonna get this ETF before Jan. 10.” He underscored the urgency tied to SEC Chair Gary Gensler and potential legal repercussions involving Grayscale, adding a layer of significance to this anticipated milestone.

    Everlodge: revolutionizing fractional vacation home ownership

    Transitioning from the dynamic Bitcoin landscape, Everlodge emerges as a disruptive force in the real estate market.

    Everlodge positions itself as a property marketplace that allows users to fractionally invest in hotels, vacation homes, and luxury villas, leveraging blockchain technology. What sets Everlodge apart is its integration of fractional vacation home ownership, timeshare, and NFT technology, creating a unique amalgamation of traditional and cutting-edge approaches. It digitizes and fractionalizes real estate, allowing users to invest in smaller amounts while enjoying the potential for value appreciation.

    Everlodge is currently in the presale stage of its native token, EDLG, which has become a focal point for investors seeking diverse investment opportunities. The EDLG presale, currently in its Beta stage, offers a unique chance to get involved in the world’s first property marketplace for fractional vacation home ownership.

    The ELDG token offers holders discounts on property purchases, rewards in the form of free nightly stays, and staking opportunities for fixed monthly interest. The Everlodge ecosystem, comprising a marketplace, launchpad, rewards club, and lending platform, adds layers of utility to the token.

    Conclusion

    Novogratz’s optimism extends to the regulatory front. While acknowledging hurdles posed by certain politicians and corporate leaders, including Elizabeth Warren and the Biden White House, he sees potential progress through a bipartisan group.

    The convergence of Galaxy Digital’s Bitcoin ETF predictions and Everlodge’s groundbreaking approach to property ownership sets the stage for a dynamic period in the financial and real estate markets. Investors and enthusiasts alike are navigating this landscape with cautious optimism, looking towards January 10th and beyond.

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  • Galaxy Digital CEO says BTC and ETH are best investments

    Galaxy Digital CEO says BTC and ETH are best investments

    • Mike Novogratz is bullish on crypto, particularly the top two coins Bitcoin and Ethereum.
    • The Galaxy Digital CEO says BTC and ETH been best risk-adjusted investments over the last few years.
    • He also suggested during the company’s earnings call that the US risks losing its place as finanial and innovation leader.

    Galaxy Digital CEO Mike Novogratz says crypto is in “a good moment” highlighting the fact that Bitcoin and Ethereum have been the best risk-adjusted investments in the world over the past few years.

    The billionaire investor said this while commenting on the crypto market outlook during Galaxy Digital’s earnings call. He said:

    “I look right now and say, “What’s the good?” Bitcoin is trading over $27,000, Ethereum over $1,700. On a risk-adjusted basis, that’s volatility adjusted, Sharpe ratio adjusted, Bitcoin and Ethereum have been the two best-performing assets in the world this year. They’ve been the two best-performing assets in the world over the last two years. So, whatever Jamie Dimon wants to say, whatever the Biden administration wants to say, they’re just wrong, and the world knows that.”

    Novogratz explains what’s driving crypto

    Bitcoin has tested resistance near $29,000 in 2023, with its current price of $28,650 about 84% higher year-to-date. Ethereum has also traded above $1,800 as investors eye the $2,000 level. According to latest market data, the price of Ethereum is about 61% higher YTD.

    In Novogratz’ opinion, recent price action has the top coins poised for greater gains over the next several months. As highlighted in the earnings call transcript, the Galaxy Digital CEO believes all “the selling that needed done as crypto prices fell was done.

    Retail has also been behind much of the recent price appreciation, the billionaire investor added.

    “What’s promising, and what has driven crypto broadly this year, is two things. One, all the selling that needed to get done got done, right? There was so much bad news, if you had to sell, panic selling and just the nervousness of “Oh my God! This thing could go to zero,” and people were in sheer panic, you had seller’s exhaustion. But, you’ve had Asia reopen. China has—you know, post the Xi protests around COVID Zero, China took the regulatory boot of the necks of their tech companies, and that includes crypto, so you’re seeing, with Chinese traveling, you’re seeing more activity from Asia.”

    Bitcoin could be “substantially” higher in a few months

    Novogratz also believes the current wave of adoption across the Middle-East, Hong Kong and Europe is good for the crypto industry, even as the US risks losing its place as a financial market leader. 

    According to him, the Biden administration’s attack on crypto, as evidenced by the series of enforcement actions and charges among other things, is shortsighted.

    As for his outlook for Bitcoin and the broader crypto market, the Galaxy Digital chief noted:

    “The market feels strong, and when I look at it technically on charts, we’ve had big weekly closes. I’m surprised to hear myself say this, given where my mindset was in late December, but it would not surprise if we were substantially higher three months, six months, nine months from now.”

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