🚨 India Slams ETF Door Shut—Meanwhile, Cardano Prepares for a Historic Breakout

📰 News

🇮🇳 India’s Crypto Tax Rules Remain Unchanged, No Bitcoin ETF Approval Expected

India Doubles Down on 30% Crypto Tax – No Bitcoin ETF Approval in Sight

India’s Ministry of Finance confirms:

• ⚠️ 30% tax on crypto gains remains

• ⚠️ 1% TDS on trades > ₹10K stays

• 🚫 No plans to approve Bitcoin ETFs

Despite growing global adoption, India signals a wait-and-watch stance on crypto regulation. Recent hopes for a Bitcoin Reserve or ETF approval fade as the government sticks to its cautious playbook.

Meanwhile, Indian crypto users & builders continue to innovate — despite the policy headwinds.

📢 Stablecoins a ‘Mega Force’ in Finance’s Future, BlackRock Says

Stablecoins Declared One of 5 “Mega Forces” Shaping the Future of Finance

BlackRock, the world’s largest asset manager, says stablecoins are now core to global finance — and it’s only the beginning.

Key highlights:

• ✅ GENIUS Act signed into law by Donald Trump

• ✅ Stablecoins must be backed 1:1 with USD or Treasuries

• ✅ Supports U.S. dollar dominance, especially in emerging markets

• ✅ Projected to hit $3.7 trillion market cap by 2030

• ✅ Current market cap: $273B (USDT & USDC lead)

BlackRock sees no major impact on yields, but predicts growing demand for Treasuries via stablecoin backing.

Treasury Secretary Scott Bessent adds: “Stablecoins could dominate global finance.”

This isn’t just a crypto story — it’s a global finance revolution.

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📊 Markets

🔮 Shiba Inu Price Prediction as SHIB Burn Rate Explodes 16,000% – Why $0.000025 Is Likely?

SHIBA INU Setting Up for a Massive Breakout? $0.000025 in Sight!

Despite recent dips, Shiba Inu (SHIB) is showing classic signs of a bullish cup-and-handle pattern — and traders are watching closely.

Here’s what’s happening:

• ✅ SHIB surged from $0.0000104 → $0.000015 (forming the "cup")

• ✅ A falling handle followed, but support held strong

• ✅ Price now pushing above the midline — eyes on the key $0.000016 level

• ✅ Breaking this resistance could trigger a 58% rally to $0.0000253

History shows meme coins like SHIB don’t follow the rules — they make their own. One breakout could bring double-digit gains overnight.

Dip buyers might be fueling the next major leg up.

🚀 Cardano Price Prediction- Analyst Sees Surge to $1.6 as Charles Hoskinson Says ADA Will Outperform Bitcoin

Cardano (ADA) Gearing Up for Breakout? Analyst Sees $1.60 Incoming!

Despite recent dips, Crypto King sees major upside for ADA, forecasting a rally to $1.40–$1.60 — and possibly a new all-time high right after.

Here’s the setup:

• ✅ Symmetrical triangle forming on the daily chart

• ✅ Price teasing resistance — a breakout could ignite a big move

• ✅ Glacier Airdrop hype adds fuel to the bullish momentum

• ✅ Over $6M in longs wiped in 48 hrs = cleaner setup for a real rally

Sellers are fading. Buyers are circling. This could be ADA’s moment.

Crypto King: “Cardano’s day chart is just bliss. $1.60... then ATH.”