#India court recognizes cryptocurrency as property
The Madras High Court delivered a groundbreaking judgment Saturday, declaring that cryptocurrency qualifies as "property" under Indian law—a decision that establishes legal recognition for digital assets in the country's judicial system for the first time.
Justice N. Anand Venkatesh ruled that while cryptocurrencies like XRP are neither physical assets nor legal tender, they exhibit all core characteristics of property and can be owned, possessed, and held in trust. The 54-page judgment establishes crucial legal precedent as India grapples with regulating its massive cryptocurrency market.
🚨 The Biggest Crypto Crash in History - Let's know why ?
it's only by #TRUMP has announced 100% tariffs on #china
On October 10, 2025, the crypto market experienced one of its worst crashes ever — triggered by President Trump’s announcement of 100% tariffs on all Chinese imports.
💥 Over $19.5B in liquidations within 24 hours 💀 1.4M+ traders wiped out 💸 $200B+ in market cap gone in minutes
Bitcoin tanked -12% to $105,896 before rebounding to $114,707.
Ethereum plunged -18% to $3,574, leading the carnage across major alts.
Pre-event setup
On October 9, China dropped new export controls on rare earth elements (they produce ~70% of global supply).
That alone sparked fears of another trade war. Then, on October 10 at 16:00 CET, Trump posted on Truth Social:
“China has taken very hostile actions. Massive new tariffs on Chinese products are coming.”
trump made it official: “Starting November 1, the United States will impose a 100% tariff on all Chinese imports, on top of existing tariffs.”
new restrictions on critical software exports.
Bitcoin fell from $121K → $105.8K (-13%) Ethereum collapsed from $4,368 → $3,574 (-18%) Solana, XRP, DOGE, and ADA all dropped 15–25% in minutes
Exchanges saw massive wipeouts
Binance: $2.5B Bybit: $1.8B OKX: $1.2B HTX: $800M
This wasn’t just another dip — it was a historic biggest dip all time, worse than FTX or even the COVID crash.
where #Bitcoin dropped ~10% amid US-China trade tensions, liquidating $7B in leveraged positions.
Gen Z investors using 10x leverage (borrowing 10x their capital) saw their entire investments wiped out if the asset fell 10%, as exchanges force-sell to cover loans. This could deter them from risky investments long-term.
September: Consolidation October: Up November: Up December: Bitcoin ATH January: Altseason February: Bear market March: Down April: Down May: Bear market bottom
#Holo isn’t just another token launch by binance has just launch — it’s the first fair launch designed for AI-native IP.
Hololaunch gives every creator and community a real shot at owning the next wave of content and IP economies. No bots. No gas wars. No unfair allocations.
$HOLO isn’t just a token—it’s the foundation for how AI IPs launch, grow, and live on-chain.