Cryptocurrency Live News & Updates : Is 'Chokepoint 3.0' Targeting Crypto Banks?
Big banks are allegedly implementing 'Operation Chokepoint 3.0' by imposing high fees on fintech and crypto services, according to a16z's Alex Rampell. Recent discussions in the crypto space highlight significant challenges posed by traditional banks. Alex Rampell from Andreessen Horowitz warns that banks are charging exorbitant fees for accessing account data and transferring funds to crypto platforms, which could stifle competition. This follows the previous 'Chokepoint 2.0' era, where crypto businesses faced debanking pressures. Meanwhile, ONDO is currently testing critical support levels, with a potential bullish reversal if it holds above $0.83. In the corporate finance arena, Michael Saylor's Strategy has launched a Bitcoin-backed preferred stock, STRC, raising $2.5 billion, which he likens to an 'iPhone moment' for the firm. Lastly, Pepeto is emerging as a notable memecoin within Ethereum's ecosystem, combining meme culture with practical tools like zero-fee exchanges. As Chainlink experiences price fluctuations, whale activity suggests potential recovery, with a notable increase in holdings. These developments underscore the dynamic interplay between traditional finance and the evolving crypto landscape. Show more
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
12 minutes ago
- Mint
Apple's 18.8-inch foldable device delayed, iPhone 18 Fold still on track for 2026: Jeff Pu
Apple's much-anticipated entry into the foldable device segment may face a significant delay, with a new report suggesting the company's 18.8-inch foldable product will not enter mass production in late 2026 as initially expected. The device is now unlikely to be unveiled before early 2027. According to a research note from Jeff Pu of GF Securities, cited byMacRumors, Apple's plans for a larger foldable display have been pushed back. The delay impacts the production and potential launch timeline of what many speculate could be a foldable tablet or a new category of Mac device. The product was previously expected to begin mass production in the final quarter of 2026, but this now appears uncertain. Despite the setback for the larger foldable, Apple's smaller foldable handset, rumoured to be part of the iPhone 18 series, seems unaffected. The analyst maintains that the so-callediPhone 18 Fold is still on track for a potential September 2026 launch, aligning with the tech giant's traditional annual iPhone release schedule. Pu also commented on Apple's forthcoming iPhone 17 series, which is due in September 2025. According to his assessment, the upgrades in the iPhone 17 lineup may be modest compared to previous years, with more significant changes expected to arrive with the iPhone 18 range in 2026. The 18.8-inch foldable device, if launched, is expected to offer a dual-use experience, functioning both as a high-end tablet and a compact MacBook alternative. Apple's approach appears to align with a growing trend in the tech industry where devices are increasingly designed to serve multiple purposes in a single form factor. Reports had previously suggested that both of Apple's foldable devices, the large-screen model and the foldable iPhone, were planned to enter mass production around the same time. However, this latest development implies a staggered timeline, with Apple potentially debuting its first foldable iPhone ahead of the larger hybrid device. The iPhone 18 Fold, once released, is expected to compete directly with Samsung's Galaxy Z Fold line, marking Apple's first foray into the foldable smartphone segment. While Apple has not officially confirmed any plans for foldable devices, the growing body of reports and analyst notes indicate that the company is actively exploring new form factors as part of its long-term hardware strategy.
News18
20 minutes ago
- News18
Sania Mirza Named Brand Ambassador For Gurgaon Grand Slammers In TPL Expansion
Last Updated: Gurgaon Grand Slammers join Tennis Premier League's seventh season, acquired by Hygiia Ventures. Sania Mirza is the brand ambassador. Co-founders welcome the new franchise. Gurgaon Grand Slammers have joined the Tennis Premier League as the newest franchise ahead of its seventh season. Hygiia Ventures, a Canadian-backed investment firm founded by entrepreneur Gaurav Agarwal, has secured ownership of the Gurgaon franchise. The legendary tennis icon Sania Mirza has been appointed as their brand ambassador. 'Sports have always held a special place in my heart, not just as a father to a passionate young tennis player but also as someone who admires the discipline it brings. Acquiring a team in the Tennis Premier League is a meaningful way for us to support emerging Indian talent while expanding our investments into sports and franchise management," Agarwal stated. Sania added, 'I'm thrilled to be associated with a team that values both talent and innovation. Gaurav's vision aligns perfectly with what Indian tennis needs – structured, long-term investment. I'm looking forward to supporting the Gurgaon Grand Slammers this season." TPL is the fourth Indian sports league to successfully enter its seventh season, joining an elite group of long-running sporting leagues in India. Known for its fast-paced, viewer-friendly format and a mix of international stars and emerging Indian players, the league continues to attract top investors and global attention. Gurgaon Grand Slammers marks another international investment into the TPL ecosystem. Welcoming the new franchise, Kunal Thakkur, co-founder of TPL, said, 'Season 7 is a milestone for us, and the addition of Gurgaon Grand Slammers strengthens the league further. With Gaurav's business expertise and Sania's tennis legacy, this team is set to make an impact." TPL co-founder Mrunal Jain added, 'Hygiia Ventures coming on board shows how the league is growing as an attractive investment platform. It's another big step forward for Indian tennis and TPL, and we can't wait to see the Grand Slammers in action this season." With IANS Inputs view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
30 minutes ago
- Time of India
How to Start a Crypto SIP: A Beginner-Friendly Guide
The hardest part of crypto investing is not just the price going up and down. It is beating the fear and confusion that come from sudden changes and the worry of losing money by picking the wrong time to buy or sell. This fear makes many beginners freeze and do nothing, or make quick decisions that cause losses. Let's get started. Crypto Tracker TOP COIN SETS Crypto Blue Chip - 5 -1.66% Buy DeFi Tracker -5.18% Buy Web3 Tracker -6.16% Buy AI Tracker -8.93% Buy NFT & Metaverse Tracker -9.40% Buy TOP COINS (₹) Solana 14,862 ( 4.22% ) Buy Ethereum 321,777 ( 3.15% ) Buy XRP 268 ( 2.02% ) Buy BNB 66,861 ( 0.57% ) Buy Bitcoin 10,068,611 ( 0.39% ) Buy Can I do SIP in crypto? You can start a SIP in crypto with as little as ₹100. Many platforms offer daily, weekly, or monthly options, making it easy to invest regularly. Apps like Mudrex help automate the process. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Live Events What Is a Crypto SIP? A Crypto SIP (Systematic Investment Plan) lets you invest a fixed amount in cryptocurrencies like Bitcoin, Ethereum, or Coin Sets, which is a basket of tokens at regular intervals. Think of it like your regular SIP in mutual funds. Instead of investing in stocks or bonds, you're investing in digital assets. A Bitcoin SIP investment means you're buying small portions of Bitcoin over time instead of putting all your money in at once. This helps reduce risk and avoid panic during market ups and downs. H ow Does a Crypto SIP Work? Let's say you want to start a SIP in Bitcoin for ₹1,000 every month. You don't need to worry about the price of Bitcoin going up or down each day. The platform will automatically buy Bitcoin worth ₹1,000 for you every month. When the price is low, you get more Bitcoin. When the price is high, you get less. Over time, this helps you average out the cost—this is called dollar-cost averaging or even rupee-cost averaging based on what currency you use. It's a smart way to build your Bitcoin investment without stress. H ow to Start a Crypto SIP? Starting a Crypto SIP in India is very easy. Platforms like Mudrex are trusted, beginner-friendly, and offer various options like Bitcoin SIP, ETH SIP, and more. Here's how you can get started on a secure platform like Mudrex. Sign Up: Download the Mudrex app and create your account. Complete KYC: Upload your PAN and ID proof. This takes just a few minutes. Add Funds: Add funds to your Mudrex wallet using UPI, bank transfer, or net banking. Choose Your Investment: Head over to the coins section and choose the crypto you'd like to start an SIP for. Tap on 'buy' and choose the option labelled 'recurring'. Set SIP Frequency: Choose how often to invest (e.g., weekly, monthly, or daily), how much you'd like to invest each time, and the day of the month/week you want to invest on. Start Your SIP: Pay the initial investment amount using your preferred payment method, and your crypto SIP is done. How Is a Crypto SIP Different from a Regular SIP? So, what makes a SIP in cryptocurrency different? Here's a simple breakdown: Po tential for Higher Returns The crypto market is risky, but it can also bring bigger gains. Coins like Bitcoin and Ethereum have given very high returns in the past. While traditional SIPs usually give 10-15% yearly returns, crypto SIP returns in India can be much higher, though not guaranteed. Fractional Investing is Easy You don't need lakhs of rupees to invest in Bitcoin. With a bitcoin SIP app, you can invest in tiny parts of a coin; even ₹500 is enough. That's hard to do with many traditional shares. 24/7 Market Access Stock markets are open only during the day, Monday to Friday. But crypto SIP platforms in India like Mudrex let you invest anytime, day or night, even on Sundays! Possible Hedge Against Inflation Some people use crypto, especially Bitcoin, as a way to protect their money from inflation. Since the supply of coins like Bitcoin is fixed, they might hold value better over time than regular cash. C onclusion Crypto investing doesn't have to be scary. If you're someone who wants to start small and invest wisely, a Bitcoin SIP or Crypto SIP is the best first step. With a trusted platform like Mudrex , you can easily start your SIP in crypto in India, track your returns, and build wealth over time. Whether you're looking for the best app for Bitcoin SIP or want to know how to do SIP in Bitcoin in India, this is your starting point.
