Crypto Markets & On-Chain Ecosystem Developments

According to Strike's announcement on October 10, the Bitcoin payments app launched Stacks, a feature enabling users to categorize and manage Bitcoin savings by purpose. Users can reserve Bitcoin for specific family members, set up recurring purchase plans for each category, and track savings

According to ChainCatcher, on October 8, the UK added four crypto and payment platforms to its sanctions list, bringing the total to 38 new designations. The entities—Xeltox Enterprises (linked to Cryptomus, Heleket, and Certa Payments Ltd), TokenSpot, Tsunami Payments, and Processing KG—face

According to ChainCatcher, OpenETF launched a Hyperliquid testnet on October 6, enabling tokenized fund management with ERC-20 compatible share tokens. Investors hold fund shares in their wallets while managers trade portfolios on Hyperliquid, with fund managers unable to access vault trading

According to ChainCatcher, on October 8, Senator Richard Blumenthal sent a letter to Cantor Fitzgerald Chairman Brandon Lutnick requesting the company preserve documents and disclose details about its relationship with stablecoin issuer Tether. The five-page letter requires a response by October 23.

According to Yicai, on October 9 evening, Bitcoin crashed over 3% to $84,511, with Ethereum declining nearly 5% and Solana down 3%. Spot gold broke below $4,100 per ounce, down 2.26% intraday and hitting its lowest level since August 5, while silver fell through the $60 mark with a 3.5% decline.

SlushWallet has integrated support for deposits from 25 different blockchain networks to the Sui network, enabling users to fund their accounts using a card or through simplified tap-based transactions. The wallet integration aims to simplify access to Sui transactions for users. CryptoTwitter

The Income Tax Department and Reserve Bank of India have flagged serious risks posed by cryptocurrencies in India, citing enforcement challenges and tax administration difficulties as scrutiny of virtual digital assets intensifies. Officials have cautioned that transactions routed through private

Crypto payment cards are becoming a practical tool for Indians who want to spend digital assets without manually converting them first. As adoption of digital assets expands globally, these cards are increasingly being used for travel, online subscriptions, international purchases, and day-to-day pa

India's Finance Minister Nirmala Sitharaman left crypto taxation unchanged in Budget 2026, maintaining the punitive 30% flat tax and 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, according to her ninth consecutive Union Budget presentation on Sunday, February 2, 2026. The

After the U.S. nonfarm payroll data release today, October 9, Bitcoin surged to $87,000, marking a gain of over 3% in the 24-hour period. The cryptocurrency has since pulled back to $86,773.

According to First Financial, gold and silver prices plunged sharply this evening. Spot gold fell below $4,100 per ounce, marking its lowest level since August 5, with an intraday decline of 2.26%. Spot silver dropped below $60 per ounce, down 3.50%. The cryptocurrency market accelerated its sell-of

Celsius founder Alex Mashinsky has been permanently barred from the cryptocurrency, securities and commodities industries under a settlement with New York state announced October 9 by Attorney General Letitia James. The agreement resolves a civil lawsuit filed in 2023 accusing Mashinsky of falsely p

Thailand's Securities and Exchange Commission will allow locally listed cryptocurrency ETFs investing in Bitcoin and Ether starting October 16, following the issuance of 11 notifications governing the new products after consultations conducted between April and September. The crypto ETFs must

According to Unichain, the testnet will migrate to OP Enterprise on October 13 as the protocol prepares for OP Stack native cross-chain interoperability. Once live, users will be able to transfer assets between OP Stack chains without using cross-chain bridges, with ETH supported in the first

The Central Board of Direct Taxes (CBDT) has issued a Guidance Note for the Reporting Crypto-Asset Service Provider (RCASP) framework, establishing standardized Crypto Tax in India reporting obligations for crypto exchanges under Section 509 of the Income-tax Act, 2025, along with Rules 241-244 of t