🇮🇳 India’s 2025 Budget Maintains 30% Crypto Tax Policy
India’s Union Budget 2025 retains the current 30% capital gains tax on cryptocurrency, along with a 1% TDS on virtual digital assets (VDAs). A major update declares undisclosed crypto holdings as unreported income, which will be taxable if discovered during audits from February 2025.
📌 Key Updates:
✅ Businesses must report crypto transactions by April 2026
✅ Correction window for reporting transactions: 30 days
✅ No new reforms to strengthen the crypto sector
Even with these regulations, the budget provides no respite to investors and only cements India’s tough stance on cryptocurrency.
🐶 Grayscale Dogecoin Trust Launches – Will DOGE Soar?
Grayscale Investments has launched the Grayscale Dogecoin Trust, enabling accredited investors to gain exposure to Dogecoin (DOGE) 🐕🦺 without having to directly hold it.
📌 Trust Details:
🔹 $196,326.37 in managed assets
🔹 2.50% management fee
🔹 DOGE trading volume increases 36.17% despite a small fall in price.
The move follows growing institutional interest in meme coins, influenced by the success of Bitcoin and Ethereum ETFs.
🦄 Uniswap V4 Launches With Major Upgrades
Uniswap V4 is now live on Ethereum & Polygon, featuring:
⚡ Custom liquidity pools via “hooks”
📊 Dynamic fees for better flexibility
🚀 Layer 2 scalability for reduced gas fees
🔒 Increased security through bug bounties & audits
However, despite these changes, the UNI token is currently down 1.12% at $11.70 📉.
📈 21Shares Files for Polkadot ETF in the U.S.
21Shares plans to list a Polkadot (DOT) ETF on the Cboe BZX Exchange, following its successful launch in Switzerland.
📌 Effect on DOT:
🔹 DOT price surged 5.21% to $6.36 after the news
❓ Mixed market response due to adoption concerns
🔹 Analysts predict DOT could hit $15–$20 by 2025 if adoption grows
⚠️ Robert Kiyosaki Predicts Bitcoin Crash Amid Tariffs
Finance expert Robert Kiyosaki has warned that Bitcoin (BTC) 🟠 could see a major dip due to potential tariffs under a future Trump administration.
📌 Crypto Experts Weigh In:
📉 Arthur Hayes: BTC may drop to $70,000 before rallying to $250,000
📉 Glassnode: $98,000 is a key support level—a break below could mean further declines
📈 Bitcoin remains above $100K but is vulnerable to market uncertainty
Despite the volatility, long-term holders remain bullish on BTC 🚀.
Also Check:
- Why Is the Crypto Market Down? Will the Crypto Bloodbath Continue?
- Zoo Airdrop Listing Date: Countdown to the ZOO Token Launch Begins!
- Crypto Tax in India 2025: No Relief in the 30% Tax & New Compliance Rules
- Blum Listing Date & TGE: Major Announcement Coming Soon!
- Top Crypto Listing Alert: Dogen Set to Dominate the Market!
- Burn & Win Cash Rewards on $SECOND Before Time Farm’s Listing Date!