LATEST: Coinbase Plans India Entry By Acquiring Crypto Exchange CoinDCX

Coinbase is in advanced talks to acquire CoinDCX, one of India’s largest crypto exchanges, in a move that could mark its major re-entry into the Indian market. The deal is reportedly valued at under $1 billion, a steep drop from CoinDCX’s peak valuation during the last crypto bull run. Coinbase recently secured a license from India’s Financial Intelligence Unit, signaling its renewed focus on the country after regulatory hurdles halted its 2022 launch.

The U.S.-based exchange has been on an acquisition spree, including the $2.9 billion purchase of Deribit, and the additions of Liquifi, Spindl, and Iron Fish. CEO Brian Armstrong said Coinbase remains open to more M&A deals, emphasizing that the company is ready to spend if the right opportunities emerge. These efforts aim to strengthen Coinbase’s global trading and infrastructure stack.

CoinDCX is still recovering from a $44 million security breach involving its internal liquidity wallet. CEO Sumit Gupta confirmed no customer funds were affected, as they remain in cold storage. The company will cover the losses from its treasury and has boosted security measures.

Report

Bitcoin, Ethereum, XRP, Dogecoin Slide After Trump Trade Deal Strengthens Dollar

Cryptocurrency markets are trading lower on Monday as the dollar strengthens off the back of the US-EU trade deal.

CryptocurrencyTickerPriceBitcoinBTC/USD$118,108.50EthereumETH/USD$3,797.82SolanaSOL/USD$186.08XRPXRP/USD$3.15DogecoinDOGE/USD$0.2302Shiba InuSHIB/USD$0.00001351

Notable Statistics:

IntoTheBlock data shows Bitcoin’s large transaction and daily active addresses decreased by 0.6% and 4.1%, respectively. Exchanges netflows increased by 224.4%.

Coinglass data shows 129,457 traders were liquidated in the past 24 hours for $383.28 million. 

Notable Developments:

Trader Notes: Crypto trader Titan of Crypto highlighted that Bollinger Bands are squeezing, signaling a period of…

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Breaking down Zora’s latest ‘Content Coin’ fad

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

The last time Zora was in the limelight, the protocol was seeing an all time-high of 20-25k tokens created daily.

That was in April, just before the ZORA token-generation event — launching a “for fun only” token that was universally panned by the Crypto Twitter commentariat.

The ZORA token dumped immediately on launch, daily tokens created cratered to less than 5k, and price had largely stagnated until last week. 

Now it’s back. ZORA is today trading 227% up on the week, and its mobile app is climbing ranks on the iOS App Store.

Nearly 40k tokens were created yesterday, the…

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LATEST: MARA Raises $950 Million To Expand Its Bitcoin Investment Portfolio

MARA Holdings has completed a $950 million offering of zero-interest convertible senior notes due in 2032. Originally targeted at $850 million, the deal was upsized due to strong demand from institutional investors. Purchasers were also granted a 13-day option to buy up to an additional $200 million in notes.

MARA received approximately $940 million in net proceeds after deducting initial purchasers’ discounts and commissions. Of that, over $18 million was used to repurchase $19 million of 2026 convertible notes, and about $37 million was allocated to capped call hedges to help prevent dilution. The remaining funds will support MARA’s core Bitcoin acquisition strategy and general corporate needs, including working capital, strategic acquisitions, asset expansion, and debt repayment.

With nearly 50,000 Bitcoin valued at around $6 billion, MARA is already the second-largest corporate Bitcoin holder. This new funding will further strengthen its position in the crypto space, signaling strong institutional confidence in Bitcoin’s long-term value.

Source

LATEST: PayPal Introduces Pay With Crypto Feature for All Business Merchants

PayPal has introduced a new service, Pay with Crypto, allowing small businesses in the U.S. to accept dozens of cryptocurrencies from customers worldwide. The crypto payments will be converted into PYUSD, PayPal’s stablecoin managed by Paxos, giving merchants faster access to funds and lower transaction fees.

CEO Alex Chriss said the move helps businesses overcome global challenges like high international payment costs and complex integrations. The service will launch with a 0.99% fee for the first year, rising to 1.5% later, which remains cheaper than international credit card processing. Supported wallets include Coinbase, OKX, Binance, Kraken, Phantom, MetaMask, and Exodus.

Even memecoins like TRUMP and FARTCOIN will be supported, with PayPal converting them to U.S. dollars via exchanges like Coinbase or Uniswap before delivering funds to merchants. Since entering crypto in 2020, PayPal has expanded its digital finance offerings, with PYUSD now the 12th-largest stablecoin. However, the company noted PYUSD is not insured by the FDIC or SIPC.

Source

Ethereum-Native Treasuries Tipped To Rival Wall Street, But Face Major Risks: Bernstein

A new report by Bernstein analysts identifies Ethereum ETH/USD-native treasury companies—protocols that help DAOs manage, deploy, and grow onchain capital—as one of the most promising and underexplored areas in DeFi.

The report argues that these firms could eventually rival traditional asset managers and financial operating systems in both value and influence.

But the opportunity comes with serious caveats.

While these treasury platforms such as Karpatkey, Llama, and Avantgarde offer more transparency and real-time capital execution than their TradFi counterparts, Bernstein notes they are vulnerable to centralization risks, particularly in governance token distribution and control.

Many…

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LATEST: Uber’s Competitor Grab Starts Accepting Bitcoin In The Philippines

Grab users in the Philippines can now fund their GrabPay wallets using cryptocurrencies, thanks to a major partnership between Grab, payments provider Triple-A, and local crypto exchange PDAX. Following a successful launch in Singapore, this move brings more flexibility and convenience to Filipino users by supporting crypto as a new cash-in option.

Users can top up their GrabPay wallets using Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), or Tether (USDT). The process is simple — select ‘Cryptocurrencies’ in the Grab app, choose a supported token and network, enter the amount in pesos, review the details, and send the tokens from your crypto wallet. Funds are reflected instantly upon confirmation.

Triple-A CEO Eric Barbier said the Philippines is ready for digital currencies, while Grab’s CJ Lacsican emphasized the goal of financial inclusion. PDAX CEO Nichel Gaba added that this partnership will support existing crypto users and encourage wider adoption in the country, all while maintaining high standards for safety and compliance.

Launch of $1 Billion Bitcoin Division

In a move that combines luxury real estate with digital innovation, Christie’s International Real Estate has launched a new division dedicated to digital-asset-based property transactions.

The company now has reportedly over $1 billion worth of high-end homes for sale that can be bought with digital currencies like bitcoin (BTC) and ethereum (ETH) – no banks required.

The new division, based in Los Angeles and led by top real estate broker Aaron Kirman, is modernizing how wealthy clients buy and sell property. “Crypto is here to stay,” Kirman said in an interview. “It’s only going to get bigger over the next few years.”

The division was reportedly born out…

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Ray Dalio Says 15% In Bitcoin Or Gold May Be Essential As Fiat Currencies Face Devaluation Risks – VanEck Gold Miners ETF (ARCA:GDX)

Billionaire investor Ray Dalio advised a 15% portfolio allocation to Bitcoin BTC/USD or gold, citing mounting U.S. debt concerns and potential currency devaluation risks.

What Happened: The Bridgewater Associates founder warned of a “classic devaluation” scenario similar to the 1970s or 1930s in an appearance on the Master Investor Podcast, where fiat currencies could decline together against hard assets.

“If you were neutral on everything and optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” Dalio stated.

Dalio expressed a strong preference for gold over Bitcoin, previously describing the precious metal as the…

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