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According to a recent report by The Economic Time, a whopping 93% of Indian investors want to have some sort of cryptocurrency regulation.

Among these investors, 56% want to make sure that regulation will ensure investor protection and stability. 

Twenty-four percent of those from the pro-regulation crowd want minimal regulation in order to be able to foster innovation. 

The remaining 13% want regulation only for taxation purposes. Notably, the overwhelming majority of the survey respondents (84%) believe that cryptocurrency taxes are currently unfair. 

Major impediments 

The current taxation regime and the lack of regulatory clarity are believed to be stifling the industry's growth. 

Notably, 90% of the poll respondents claim that they would be more willing to invest in crypto if the rules were clearer and taxation was less draconian. 

Growing political force 

Just like in other countries, cryptocurrencies are becoming politically relevant, with a staggering 91% of the respondents claiming that they would take into account specific crypto policies when casting their vote. 

The lion's share of urban voters under 35 is more likely to support cryptocurrency-friendly candidates. 

Current legal status 

So far, cryptocurrencies remain in a legal grey area in India, meaning that this novel asset class remains unregulated. 

In 2018, the Reserve Bank of India prohibited banks from providing cryptocurrency services, but the ban was then overturned in 2020 by the Supreme Court since it was deemed to be unconstitutional. 

Cardano , the 10th-ranked cryptocurrency asset, is facing a crucial test in its consolidation move. In the last 24 hours, its value has dropped by more than 3.6% against declining volume. These developments raise concerns about ADA’s ability to rally.

Cardano price struggles below resistance as volume declines

According to CoinMarketCap data, Cardano has failed to break out above the $0.8955 resistance level. This has triggered a sell-off on the market, resulting in caution from participants amid a possible retest of the $0.80 support. Many traders have pulled back to monitor how events unfold.

The pullback has resulted in declining volume. Notably, trading volume has dropped by 14.54% to $1.42 billion within the last 24 hours.

On-chain data shows that Cardano whales, who were in an accumulation mode in the previous week, also contributed to the current situation. These large holders sold off about 30 million ADA in a profit-taking move that has increased the selling pressure and affected price movement.

Usually, retail investors look to whales for direction, and the recent sell-off has created a severely impacted investor outlook on ADA.

As of press time, Cardano is changing hands at $0.8786, representing a 1.14% decline in value within the last 24 hours. The asset fell from a peak of $0.8936, leaving investors disappointed as they anticipated a breach of the psychological $1 resistance.

Community sentiment remains bullish despite setback

Cardano’s quest to reclaim the $1 level might have to wait longer. The current setup of declining price and volume is not contributing to upward momentum. However, the community remains bullish⁠⁠⁠⁠⁠⁠⁠, with 88.4% of voters betting on a price rise to over $1. This is despite the asset only hitting that target a few times in 2025 so far.

If Cardano surges to $1, it will succeed in dethroning Tron from ninth place in terms of market capitalization ranking. Market observers are closely monitoring developments.

Cardano founder Charles Hoskinson is being candid about the blockchain’s struggles and its future. In a recent interview with CoinDesk, he discussed where Cardano went wrong, why he believes Bitcoin DeFi could surpass Ethereum, and his ambitious $200 million healthcare project.

Here’s a closer look at his thoughts and where Cardano stands today.

Where Cardano Lost Its Momentum

In 2021, Cardano was sitting at #3 on CoinMarketCap and riding the excitement of its long-awaited smart contracts. However, Hoskinson admits that they “bet wrong” on the smart contract model, as it was too rigid, making it difficult for developers to build.

That lack of accessibility cost Cardano its momentum. Developers and projects shifted to Solana, which offered a faster, easier environment for building “that’s a phenomenal example of where we bet wrong,” he said. 

He notes that while Cardano did not face major hacks and bugs, but by being so “inflexible and hostile” for builders, it missed the wave that could have carried it forward.

However, since then, Cardano has adjusted. By 2025, developers can build in familiar languages like Rust and TypeScript, while still benefiting from Cardano’s security.

Hoskinson’s Latest Bet On Healthcare

Charles Hoskinson’s biggest bet outside crypto is a healthcare clinic in Gillette, Wyoming. He has invested $200M into building a patient-centered system, with AI support, and affordability. 

Blockchain technology may also play a role in this project. Hoskinson is exploring tools like zero-knowledge proofs, which allow facts to be verified without revealing sensitive personal information. He plans to open-source the clinic’s protocols so that others can replicate the model.

Will Ethereum Dominate the Defi Space?

Hoskinson also questioned whether Ethereum can hold its lead in Defi.

He argues that Ethereum may not last as the dominant smart contract platform over the next 10–15 years. Since Ethereum couldn’t scale at the base layer, it now depends on layer-2s, but those players can easily go multi-chain, pulling users and liquidity elsewhere.

On the other hand, he calls Bitcoin “the sleeping giant.” Once Bitcoin DeFi matures, Hoskinson believes its total value locked could surpass Ethereum’s entire market cap, with major players like sovereign funds and BlackRock heavily involved.

Hoskinson said that there is no strong reason to use Ethereum to power Bitcoin DeFi. Instead, solutions like Cardano or Layer-2 platforms like Stacks are better suited. 

Cardano Activity Surges

Meanwhile, Cardano’s futures open interest has jumped past $2.5B, the highest since 2021. Data from Tap Tools shows that the network processed over $4B in on-chain volume in just the past week. 

Cardano’s stablecoin market is also approaching $40 million TVL, signaling growing adoption.

Stablecoin issuer Paxos has rolled out its updated USDH Proposal V2, outlining a bold plan to scale Hyperliquid globally. The proposal introduces three major upgrades, a PayPal partnership, a new rewards model, and global expansion initiatives, all designed to make USDH a leading stablecoin in decentralized finance.

 Paxos makes it clear: its success depends fully on Hyperliquid’s success.

PayPal Partnership Opens the Doors

In a recent blog post, Paxos Labs announced USDH Proposal V2, highlighting its role in expanding Hyperliquid’s reach worldwide. On top of it, Paxos’ new partnership with PayPal will allow Hyperliquid assets to reach millions of everyday users.

• HYPE will be listed on PayPal and Venmo, making it easy for people to buy.
• USDH will have free on/off-ramps through PayPal services.
• A $20 million incentive fund will help grow adoption quickly.

Beyond that, PayPal’s products like Checkout, Braintree, Hyperwallet, Venmo, and Xoom will also support USDH, adding reach across over 400 million users and 35 million merchants.

Unlike other players, Paxos is already authorized to issue stablecoins in regulated markets like Europe. This gives USDH a unique edge to scale globally without running into compliance barriers.

By combining its regulatory approval with strong distribution partners, Paxos wants USDH to become the gateway stablecoin for DeFi worldwide.

Building Hyperliquid Into Global Liquidity Infrastructure

The proposal goes beyond payments and compliance. Paxos outlined plans to:

• Help fintechs and brokerages tap into Hyperliquid liquidity.
• Support asset issuers in creating new markets.
• Expand lending and DeFi products through HyperEVM.

These moves could turn Hyperliquid into more than a trading platform — making it the backbone of global decentralized finance.

Community-First Rewards

Paxos also redesigned how rewards will work. The company will only earn revenue after USDH hits major growth milestones. Even then, its earnings are capped at 5%.

All fees will be paid in HYPE tokens, meaning Paxos and the community are aligned. The more Hyperliquid grows, the more everyone benefits together.

Follwoing the news Hyperliquid’s HYPE token price has jump by nealry 1.5% in the last 24 hours trading around $55.18 

TL;DR

Pattern Structure Builds Toward Breakout

Stellar (XLM) is forming an inverse head and shoulders pattern on the 12-hour chart, according to analysis shared by crypto analyst Ali Martinez. The pattern includes a left shoulder in the January–February period, a lower low in April–May forming the head, and a right shoulder that began forming in August. The neckline sits near the $0.50 level.

Notably, XLM is trading around $0.38, above the 0.618 Fibonacci retracement level at $0.36. A confirmedbreakoutabove $0.50 may lead to further gains, with Fibonacci extension levels marking potential resistance at $0.62, $0.70, $0.83, and $0.95. The structure’s final target appears just below the $1.00 mark. Support levels are noted at $0.36, $0.33, and $0.30 in the event the breakout fails.

He noted,

“Stellar $XLM forms the right shoulder of a head and shoulders pattern. Bullish breakout could target $1!”SuperTrend Indicator Flips Bullish

The 4-hour chart shows a bullish shift, with the SuperTrend indicator turning positive for the first time since August 25. This move followed a breakout above the $0.372 resistance level, suggesting a change in short-term momentum.

A “Buy” signal appeared on the chart as the price moved above the SuperTrend band. If the asset holds above $0.37, a move toward $0.38–$0.39 is possible. A decline below $0.365 would weaken the setup.

Stellar $XLM flipped bullish for the first time since August 25, according to the SuperTrend indicator. pic.twitter.com/wTGIl3D6l5

— Ali (@ali_charts) September 9, 2025

XLM trades at around $0.38 at press time. The 24-hour trading volume is $264.46 million, with a 1% drop over the last day. Over the past week, the asset has increased by 4%, trading within a narrow range between $0.30 and $0.40.

The market remains in a consolidation phase, with no clear signs of either strong accumulation or distribution. Buyers and sellers appear evenly matched at current levels.Netflow Data Shows Mild Exchange Inflows

As of September 10, data shows that XLM recorded a net inflow of $874.71K to spot exchanges. This indicates more XLM was deposited than withdrawn, which can suggest near-term selling activity.

Although the inflow is positive, the size is small compared to earlier spikes on the chart, some of which exceeded $20 million. The movement likely reflects routine positioning rather than a major sentiment shift.

The price of Bitcoin has surged over the years, sharply increasing its purchasing power. As a result, the value of goods priced in Bitcoin has dropped dramatically. A clear example is the iPhone.

In 2011, an iPhone 4 cost 162 BTC. Today, the situation looks very different. A new iPhone can be bought for only a fraction of a single Bitcoin. But how many XRP would it take to buy one?

Bitcoin and the iPhone

Bitcoin’s early years saw its price hovering in the single digits. As the cryptocurrency gained adoption and surged in value, the cost of major items like an iPhone fell in BTC terms.

The iPhone’s price in Bitcoin has dropped by nearly 20,000 times due to Bitcoin’s appreciation. Today, if one iPhone is valued at $1,000 and Bitcoin trades at $111,952, the cost would be 0.0089 BTC. For the newly announced iPhone 17, the price would be around 0.0072 BTC or 0.1866 ETH.

XRP and the iPhone

XRP’s purchasing power is far lower than Bitcoin’s. At its current price of $2.95, it would take around 338 XRP to buy a $1,000 iPhone.

While XRP does not yet match Bitcoin’s strength, analysts maintain a bullish outlook. They expect moderate gains in the token’s price, though not the dramatic surges seen in Bitcoin’s history.

XRP is the third-largest cryptocurrency with a market cap of $176.67 billion. Ethereum ranks second with $522.22 billion. Bitcoin leads the market with $2.23 trillion. The wide gap shows just how dominant Bitcoin remains, even as other tokens like XRP continue to grow.