cryptocurrency 6 - The Latremie Post

UAE’s Ultra-Rich Are Driving a Fierce Crypto Revolution in Private Banking

The traditional wealth management and private banking sectors—often cautious and skeptical when it comes to cryptocurrency investing—are facing increasing pressure to offer digital assets to wealthy clients. This demand is especially pronounced in crypto hotspots like Dubai, Switzerland, and Singapore.

### High Demand for Crypto in the UAE

Swiss software firm Avaloq, which serves numerous private banks and wealth managers, recently examined high-net-worth (HNW) investing attitudes in the UAE. Based on surveys conducted in February and March 2025 involving 3,851 investors and 456 wealth professionals, Avaloq found that demand for digital assets in the region is unusually high. Specifically, 39% of wealthy clients in the UAE hold cryptocurrency. However, only 20% of those crypto investors use a traditional wealth manager.

Known for its oil-rich ultra-high-net-worth family offices and a low-tax environment attractive to expats, the UAE is rapidly becoming one of the world’s hottest crypto hubs. Dubai, for instance, offers a clear regulatory framework through the Virtual Assets Regulatory Authority (VARA), established in 2022.

### Crypto Education Within Families

Notably, the younger generations of ultra-wealthy families are now educating their elders about crypto investments. For example, even well-known families like the Trumps are part of this trend.

Against this backdrop, Avaloq’s UAE snapshot revealed that 63% of investors have either switched wealth managers or are considering doing so. The primary reason? Their questions about cryptocurrency remain unanswered.

### Traditional Wealth Managers Playing Catch-Up

“As crypto has evolved as an asset class, there has been a growing need among private banking relationship managers to cater to clients who are basically not being served,” said Akash Anand, Head of Middle East and Africa at Avaloq, in an interview with CoinDesk. “Hence, there has been a rush among traditional wealth managers to get equipped to offer crypto.”

### The Roadblocks to Crypto Adoption

Why have traditional financial institutions been slow to serve these clients? The answer lies largely in the nature of cryptocurrency itself—it is highly volatile, and the underlying technology can be complicated to navigate.

In addition to crypto’s notorious price swings, managing wallets, private keys, and unfamiliar custody arrangements presents significant challenges for both managers and clients. Avaloq’s survey found that among UAE investors who do not hold cryptocurrency, the top reasons cited were:

– Market volatility (38%)
– Lack of knowledge (36%)
– Distrust in exchanges (32%)

### Meeting the Gap: Avaloq’s Solutions

Avaloq is capitalizing on the growing gap between client demand and the products offered by traditional institutions. Over the past several years, the company has successfully integrated crypto custody platforms within financial institutions, leveraging crypto safekeeping technology from Fireblocks and collaborating with firms such as BBVA and Zurich Cantonal Bank.

### A Changing Landscape for Wealth Managers

As investor appetite shifts toward greater digital asset exposure, financial institutions are beginning to take notice. According to Anand, there is “a healthy pipeline” of private banks and financial firms looking to either customize their core systems with Avaloq’s crypto custody technology or adopt its pre-configured platforms.

However, many opportunities across the wealth sector remain untapped. “Firms are looking to create a one-stop shop integrated with their existing e-banking systems,” said Anand, emphasizing the growing demand from investors.

### Crypto Millionaires on the Rise Globally

Global interest in digital assets is booming. The number of crypto millionaires worldwide surged to 241,700 in 2025—a 40% increase from the previous year—according to the Crypto Wealth Report 2025 by Henley & Partners. The report ranks Singapore, Hong Kong, the U.S., Switzerland, and the UAE as the top five destinations for digital asset investors.

### Digital Assets: A Serious Contender

Following the spectacular bull run of 2021 and subsequent market corrections, the digital asset sector has matured significantly. It has evolved into a serious investment class, increasingly dominated by institutional money.

“There have been some quite spectacular crashes involving certain crypto exchanges, and that has created a lot of trust issues,” Anand added. “Our research shows that there is an opportunity for banks and wealth managers to step in and provide that trust in the form of fully integrated, secure, and compliant custody.”

As the landscape evolves, traditional wealth managers who adapt to incorporate digital assets may find themselves well-positioned to serve an emerging generation of crypto-savvy clients.
https://bitcoinethereumnews.com/crypto/uaes-ultra-rich-are-driving-a-fierce-crypto-revolution-in-private-banking/?utm_source=rss&utm_medium=rss&utm_campaign=uaes-ultra-rich-are-driving-a-fierce-crypto-revolution-in-private-banking

Indian Court XRP Ruling May Complicate WazirX Hack Claims Process

**Madras High Court Mandates Bank Guarantee for WazirX User’s XRP Holdings Post-Hack**

The Madras High Court has delivered a landmark ruling affirming cryptocurrencies as possessable property under Indian law, a decision that could significantly impact how digital assets are treated following exchange hacks. This development comes in the wake of a major 2024 cyberattack on WazirX that resulted in a staggering $235 million loss, leaving the platform with insufficient tokens to meet all user liabilities.

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### Significance of the Madras High Court Ruling on WazirX Cryptocurrency Claims

On Saturday, Justice N. Anand Venkatesh ordered WazirX’s operator, Zanmai Labs, to issue a bank guarantee worth approximately $11,800 to secure a specific user’s claim over 3,532 XRP tokens frozen after the hack. This ruling officially recognizes digital assets like XRP as property capable of being owned, possessed, and held in trust.

This important affirmation sets a precedent for handling user claims post-hack, particularly in cases involving frozen assets. It highlights the legal recognition of crypto holdings as trustable property and could influence how exchanges like WazirX manage liabilities, especially amid international restructuring efforts.

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### Impact on WazirX Users Affected by the 2024 Hack

The 2024 cyberattack on WazirX compromised approximately $235 million worth of various cryptocurrencies. As a consequence, the exchange no longer holds enough tokens to cover all pending user claims. Since the incident, many affected users have faced prolonged uncertainty due to frozen assets intended to prevent further loss.

Justice Venkatesh’s order specifically targets a claimant whose XRP remains in Zanmai Labs’ custody, emphasizing the legal standing of such tokens. This introduces new legal considerations for WazirX, which operates under its Singaporean parent company Zettai Labs but has headquarters in India.

The ruling could complicate enforcement efforts within India and potentially conflict with Zettai’s court-approved restructuring plan under Singapore law dated October 13, 2024. According to legal experts cited by Bloomberg and Reuters, jurisdictional overlaps often delay dispute resolution in cross-border crypto cases.

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### Broader Legal and Operational Implications

– **Local Enforcement:** Indian WazirX users may need to pursue local arbitration or court claims to access remedies, rather than relying solely on the Singaporean restructuring scheme.

– **Bank Guarantee as Interim Security:** The bank guarantee ordered by the court acts as a financial safeguard, ensuring the claimant’s rights are protected during ongoing proceedings.

– **WazirX’s Response:** Following the ruling, WazirX has reiterated its commitment to fair distribution and has resumed trading after a year-long halt. The court documents note that the hack severely depleted liquid tokens, prompting Zettai Labs to develop a structured repayment plan under Singapore Companies Act supervision.

– **Regulatory Impact:** With over 100 million crypto users in India as reported by the Reserve Bank of India and industry analyses like PwC, this ruling underscores the need for regulatory clarity. It enforces the view that exchanges must treat user assets as fiduciary obligations, aligned with global standards such as those from the Financial Action Task Force (FATF).

Fintech lawyer Aarav Gupta observes that WazirX’s recent zero-fee trading initiative aims to rebuild user trust, although full recovery remains uncertain. The case exemplifies evolving legal landscapes in India as courts adapt existing laws to accommodate blockchain assets.

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### Frequently Asked Questions

**What does the Madras High Court ruling mean for claiming frozen XRP on WazirX after the hack?**
The ruling allows Indian users to pursue arbitration for frozen XRP holdings, legally recognizing them as trust-held property. Zanmai Labs must provide a bank guarantee of roughly $11,800 for 3,532 XRP tokens, securing claims during legal proceedings. This facilitates quicker resolution for affected users within India.

**How will WazirX’s Singapore restructuring plan interact with Indian court decisions on crypto hacks?**
While WazirX’s parent company, Zettai Labs, received approval for its restructuring plan in Singapore, Indian court orders such as this may require local compliance measures like bank guarantees. As a result, the interaction of jurisdictional frameworks could lead to hybrid solutions overseen by both Indian and Singaporean courts.

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### Key Takeaways

– **Cryptocurrency as Legal Property:** The Madras High Court has formally recognized digital assets like XRP as possessable and held in trust, bolstering user rights in hack cases.

– **Bank Guarantee Requirement:** Zanmai Labs must secure claims with financial guarantees to prevent further delays in recovery.

– **Impact on Restructuring Efforts:** Indian court decisions may extend the timeline or alter the enforcement of WazirX’s Singapore-approved repayment scheme. Users should stay informed and file claims promptly.

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### Conclusion

The Madras High Court’s ruling on WazirX marks a pivotal advancement in the recognition of cryptocurrency under Indian law. By affirming digital assets as trustable property and mandating bank guarantees to secure user claims, the court has set a precedent that could influence how crypto exchanges and users navigate the complex aftermath of hacks.

As WazirX works through its international restructuring, affected users—particularly those in India—may experience changes in how claims are addressed, with greater emphasis on legal protections and fiduciary responsibilities. This case highlights the growing need for clear regulatory frameworks in the expanding Indian crypto market and signals a maturing judicial approach to blockchain-related disputes.

Stay tuned for more updates on cryptocurrency regulations and WazirX’s ongoing developments.

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https://bitcoinethereumnews.com/tech/indian-court-xrp-ruling-may-complicate-wazirx-hack-claims-process/?utm_source=rss&utm_medium=rss&utm_campaign=indian-court-xrp-ruling-may-complicate-wazirx-hack-claims-process

Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court

**Madras High Court Confirms Cryptocurrencies Can Be Owned and Held in Trust**

In a landmark ruling that could reshape the future of cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law. Delivered by Justice N. Anand Venkatesh, the decision affirms that cryptocurrencies can be owned, held in trust, and protected as legal property — a major step in clarifying the legal status of digital assets in the country.

### Cryptocurrency in India Now Recognised as Property

The case originated from a petition by an investor whose 3,532.30 XRP coins were frozen following a cyberattack on WazirX, one of India’s largest cryptocurrency exchanges. In July 2024, WazirX suffered a $234 million hack involving Ethereum and ERC-20 tokens. Although the investor’s XRP holdings were not part of the stolen assets, WazirX sought to redistribute all users’ funds under its so-called “socialisation of losses” plan.

Justice Venkatesh firmly rejected this proposal, ruling that each investor’s digital holdings are individual property and cannot be diluted or redistributed to cover exchange losses. He emphasised that cryptocurrencies, while intangible, possess all the essential attributes of property: they are identifiable, transferable, and exclusively controlled through private keys.

> “It is not a tangible property nor is it a currency,” the judge observed. “However, it is a property, which is capable of being enjoyed and possessed in a beneficial form.”

This interpretation grants digital asset holders stronger legal standing, ensuring that their cryptocurrencies are recognised as assets protected under Indian law.

### Jurisdiction and Investor Protection

The Court also settled important questions regarding jurisdiction, dismissing WazirX’s argument that Singaporean arbitration rules applied due to its parent company, Zettai Pte Ltd, being based in Singapore.

Justice Venkatesh cited the Supreme Court’s earlier decision in *PASL Wind Solutions Pvt Ltd v. GE Power Conversion India Pvt Ltd* (2021), noting that Indian courts have authority over assets located within India. Because the investor’s transactions originated from Chennai and involved an Indian bank account, the Court confirmed the case fell squarely under Indian jurisdiction.

The Court further highlighted that Zanmai Labs Pvt Ltd, which operates WazirX in India, is registered with the Financial Intelligence Unit (FIU), unlike its foreign parent company or Binance. This distinction reinforces that Indian exchanges operating domestically are subject to Indian oversight and accountability—particularly in protecting user assets and maintaining transparent custodial practices.

### Strengthening Web3 Governance

Justice Venkatesh’s ruling went beyond individual relief, calling for higher standards of corporate governance within the Web3 and cryptocurrency sectors. He urged exchanges to:

– Maintain separate client funds
– Conduct independent audits
– Uphold robust KYC and anti-money laundering controls

The Court noted these measures are vital for building trust in the digital economy and protecting consumers from future mishandling of assets.

Legal experts have hailed the judgment as a milestone in developing “crypto-jurisprudence” in India. Vikram Subburaj, CEO of Indian exchange Giottus, described it as a foundational moment that signals to all market participants — exchanges, users, and regulators — that the digital asset space will be held to strong standards of governance and protection.

### A Foundation for India’s Crypto Future

The Court’s ruling not only protects the rights of individual investors but also strengthens the broader regulatory framework surrounding digital assets. By recognising cryptocurrency as property, the judgment fills a crucial legal gap in a country where tax enforcement on crypto remains strict, but investor protections have lagged.

As Justice Venkatesh wrote, courts now serve as the “central stage where the future of digital value is debated.” Through this ruling, the Madras High Court has provided India with a clearer understanding of ownership, responsibility, and trust in the age of decentralisation.

With cryptocurrency in India now firmly recognised as property under Indian law, this decision marks a turning point for the country’s digital asset ecosystem—affirming that crypto holdings are not merely speculative instruments but protected assets under the law.
https://coinjournal.net/news/cryptocurrency-is-as-property-under-indian-law-rules-madras-high-court/

Sei Price: Token Breaks Descending Trendline as Momentum Builds

**Sei (SEI) Shows Signs of Recovery After Breaking Major Descending Trendline**

Sei (SEI) recently broke above a significant descending trendline, holding strong at the $0.20 support level after several weeks of decline. The token gained 4.4% in the past 24 hours and is currently trading at $0.2055, with a market capitalization of $1.27 billion, ranking it 99th globally.

Daily trading volume surged to $87.42 million, marking a 46.61% increase from the previous day. With an available supply of 6.24 billion tokens, SEI has posted a 5.63% increase over the past week, indicating renewed interest from traders.

**Technical Analysis Indicates Potential Bullish Momentum**

Technical indicators shared on social media highlight that SEI has successfully broken above the major descending trendline that had been pressuring the token. The cryptocurrency is consolidating above the $0.18 support zone, a key demand area in recent trading sessions. Analysts suggest that maintaining this support could pave the way for SEI to test higher resistance levels.

Initial resistance targets are set at $0.2106 and $0.2285, with potential extensions toward the $0.24 to $0.2503 range should buying pressure continue. The price chart reveals SEI forming higher lows following a steep decline earlier in October, a pattern often signaling a potential reversal from bearish to bullish sentiment.

**Technical Indicators Point Toward Recovery**

– The Relative Strength Index (RSI) currently stands at 39.33, recovering from oversold conditions. It has crossed above its moving average at 33.63, implying weakening bearish momentum, though it remains below the neutral 50 mark. A confirmed recovery would require RSI to climb above 50 alongside rising daily closes.

– The Moving Average Convergence Divergence (MACD) indicator shows the MACD line at -0.0224, approaching a crossover above the signal line. The MACD histogram has turned slightly positive at 0.0018, suggesting that momentum might be shifting in favor of buyers.

**Analyst Targets and Price Projections**

Crypto analyst Profit Demon identified a descending channel pattern on the three-day chart, a formation often leading to breakout phases. The analyst projects resistance targets at $0.27, $0.36, $0.52, and $0.74 should the bullish cycle continue, with momentum indicators hinting an accumulation phase may be underway.

Price predictions for 2025 vary widely depending on market conditions:

– **DigitalCoinPrice** forecasts the token could reach $0.45 by year-end, expecting stabilization between $0.40 and $0.45 in the medium term.

– **Changelly** offers a more conservative view, projecting a minimum price of $0.154, a maximum of $0.177, and an average of $0.199 during 2025.

Currently, SEI is consolidating between $0.19 and $0.20. Sustained trading above this range could open the path toward the $0.22 resistance level, while a breakdown below $0.19 may trigger renewed selling pressure.

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Overall, Sei (SEI) is showing promising signs of recovery after a challenging period and could be poised for further gains if it maintains support levels and buying momentum continues. Traders and investors should monitor key technical indicators and resistance targets to gauge the token’s next moves.
https://coincentral.com/sei-price-token-breaks-descending-trendline-as-momentum-builds/

Top Cryptos To Buy For November 2025: BullZilla Joins Bitcoin and Binance Coin In Leading The Next Market Wave

Discover why BullZilla (ZIL) leads the top cryptos to buy for November 2025, alongside Bitcoin and Binance Coin, with explosive ROI and presale growth. Have you wondered which top cryptos to buy for November 2025 could redefine the next bull market? With Bitcoin’s proven dominance, Binance Coin’s expanding ecosystem, and BullZilla’s explosive presale momentum, investors are witnessing a generational setup in real time. Each project serves a different role: Bitcoin represents power, Binance Coin ensures stability, and BullZilla ignites innovation through structured tokenomics designed to reward early-stage participation and generate exponential returns during one of the most anticipated market cycles ahead. As the cryptocurrency market prepares for its next major surge, established assets like Bitcoin and Binance Coin continue to attract institutional attention. However, BullZilla (ZIL), now in Stage 8, “Echoes of the Bull,” is capturing widespread interest from retail and professional investors alike. With a deflationary token structure, transparent growth strategy, and meticulously designed presale mechanics, BullZilla offers a unique opportunity in 2025. Early participants can benefit from the upcoming automatic stage price increases, positioning themselves for potentially significant returns before public listing. Next Stage Incoming, BullZilla’s Price Is Ready for Another Upward Push! BullZilla (ZIL): The New Leader Among Top Cryptos To Buy For November 2025 Introducing BullZilla (ZIL) a structured, presale-driven token leading the charge among the top cryptos to buy for November 2025. Built on Ethereum, BullZilla integrates a Progressive Price Engine, 24-stage burn mechanism, and tiered staking rewards that create real scarcity and continuous growth. Each $100,000 raised or 48-hour cycle triggers a price hike, ensuring a transparent and predictable investment journey. Currently in Stage 8 (Echoes of the Bull, Phase 1), BullZilla trades at $0. 0001924, with over $970K raised, 31B tokens sold, and 3, 200+ holders. Early backers already enjoy 2, 639. 81% ROI to listing ($0. 00527) and 3, 246. 08% potential for earliest joiners. The next price increase to $0. 00019906 (+3. 46%) makes every hour critical for entry. $3,000 Turns Into Millions BullZilla’s Explosive ROI Projection If an investor commits $3,000 today, they would secure 15. 591 million ZIL tokens at the current stage. At the projected listing price of $0. 00527, that investment could yield nearly $82,000, representing over 2, 600% ROI. Such transparency and automation make BullZilla’s presale a case study in modern crypto tokenomics a rare combination of mathematical precision and community participation that turns each stage into a timed opportunity. How to Join the BullZilla Presale Start by setting up a Web3 wallet like MetaMask or Trust Wallet. Visit the official BullZilla presale website, connect your wallet, and swap ETH for ZIL tokens. Your tokens automatically lock, with vesting details displayed transparently on the presale dashboard. Once the sale concludes, investors can claim their tokens and stake them in the HODL Furnace to earn up to 70% APY. Frequently Asked Questions for BullZilla Presale Is BullZilla’s presale audited? Yes. BullZilla’s smart contracts are fully verified and audited by top blockchain security firms, ensuring transparency, safety, and reliability for all participants during the presale. Can I join BullZilla’s presale using USDT? Yes, investors can participate using either ETH or USDT. The official presale platform supports both, making it simple and accessible for both beginner and experienced crypto investors. How long will BullZilla’s presale last? Each presale stage lasts 48 hours or until $100,000 is raised. This timed structure creates scarcity, incentivizes early participation, and maximizes ROI potential for investors entering at each stage. Bitcoin (BTC): The Cornerstone Of Crypto Value Bitcoin remains the benchmark for digital assets the original store of value in a decentralized world. After years of dominance, its fundamentals continue to strengthen as institutions like BlackRock and Fidelity increase holdings. The supply cap of 21 million BTC ensures scarcity, creating a long-term hedge against inflation. Analysts predict new highs following the next halving, where reduced block rewards typically spark upward pressure on price. Bitcoin’s liquidity and recognition make it the “gold standard” for all cryptocurrencies, providing unmatched trust and resilience in volatile conditions. Despite slower innovation compared to newer chains, Bitcoin’s network remains the most secure and widely adopted, cementing its role as a vital pillar in the crypto economy. FAQs About Bitcoin (BTC) What is Bitcoin (BTC)? Bitcoin (BTC) is the first and most well-known cryptocurrency, created as a decentralized digital currency. It enables peer-to-peer transactions without intermediaries, using blockchain technology to ensure security, transparency, and limited supply. Why do investors consider Bitcoin a store of value? Bitcoin is often viewed as digital gold because of its capped supply of 21 million coins, resistance to inflation, and widespread adoption, making it a preferred choice for long-term wealth preservation and portfolio diversification. Binance Coin (BNB): The Ecosystem Engine Binance Coin powers the largest cryptocurrency exchange ecosystem in the world. Its use cases extend far beyond trading discounts, it fuels decentralized finance (DeFi), NFT marketplaces, and smart contracts within Binance Smart Chain (BSC). This multi-layer utility has helped BNB maintain one of the strongest track records among altcoins. With regular token burns reducing supply, BNB’s value proposition strengthens over time. The exchange’s ongoing expansion into payments, gaming, and institutional custody creates a durable demand pipeline. For investors seeking a blend of utility and sustainability, Binance Coin provides a balance between stability and moderate growth potential, supported by one of the most active user bases in the industry. FAQs About Binance Coin (BNB) What is the primary use of Binance Coin (BNB)? Binance Coin (BNB) is primarily used to pay for trading fees on Binance, participate in token sales, and facilitate transactions on Binance Chain and Binance Smart Chain, supporting both users and decentralized applications. How does Binance Coin (BNB) maintain value? BNB’s value is supported through periodic coin burns, its integral role in Binance’s ecosystem, and broad adoption for trading, DeFi, and payment solutions, making it both a utility token and an investment asset for long-term holders. Conclusion: Stability Meets Opportunity in November 2025 Bitcoin and Binance Coin continue to inspire investor confidence through stability and long-term growth. These cryptocurrencies provide a dependable foundation for diverse portfolios, reflecting proven market performance and widespread adoption. Bitcoin’s store-of-value appeal and Binance Coin’s utility within the Binance ecosystem highlight their enduring relevance. Yet, current market momentum is increasingly shifting toward BullZilla (ZIL). This breakout presale is capturing attention as one of the top cryptos to buy for November 2025, driven by transparent tokenomics, rapid stage cycles, high APY staking, and a vibrant, engaged community of early investors. BullZilla’s presale stages advance every 48 hours or after $100,000 is raised, creating structured scarcity and rewarding swift participation. This timed system ensures that early buyers gain maximum advantage while fueling continuous growth. Unlike Bitcoin and Binance Coin, which offer steady, long-term performance, BullZilla provides dynamic upside potential. Its combination of stage-based price increases, staking rewards, and community incentives demonstrates how innovation and strategy intersect in crypto investing, making BullZilla a standout contender for 2025 and a must-watch project for ambitious early-stage investors. BullZilla’s Next Leap Is Here, 3. 46% Surge Countdown Begins! For More Information: BZIL Official Website Join BZIL Telegram Channel ) Glossary Presale: The early fundraising stage before a token is listed on exchanges. ROI: Return on Investment, showing profit potential. Staking: Locking tokens to earn rewards. Smart Contract: Blockchain code automating transactions securely. Burn Mechanism: Process removing tokens from circulation to reduce supply. Web3 Wallet: A decentralized wallet like MetaMask or Trust Wallet. Vesting: Gradual release of purchased tokens. Liquidity: Ease of converting assets to cash. APY: Annual Percentage Yield from staking rewards. Ethereum Network: The blockchain on which BullZilla operates. This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research. Author Reporter at Coindoo Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
https://coindoo.com/top-cryptos-to-buy-for-november-2025-bullzilla-joins-bitcoin-and-binance-coin-in-leading-the-next-market-wave/

Best Practices for Diversifying Crypto Salary Earnings

A cryptocurrency wage presents promising prospects as well as intricate financial management issues. Cryptocurrency volatility calls for a disciplined strategy and diversification. Many employees and freelancers worldwide already get paid in Bitcoin or other cryptocurrencies.

Solely crypto-based dependence, while innovative, involves volatility and economic risk for them. Smart management ensures salaries retain purchasing power despite market volatility and economic downturns. Systematic transformation of revenues into stable assets provides protection. Diversification into fiat and traditional assets provides stability.

In addition to emergency funds, professional guidance and regulation, diversification helps convert unstable income into more secure, long-term financial foundations. Read on to learn more about the best practices for diversifying crypto salary earnings.

## Dollar-Cost Averaging for Managing Crypto Salary Conversions

Dollar-cost averaging represents an essential principle when managing recurring income from crypto payrolls or digital salaries responsibly. Rather than converting entire salaries immediately, employees allocate portions gradually across consistent intervals.

Multiple conversions yield smoother averages, limiting exposure to sharp downturns or speculative peaks. Employees benefit from natural market corrections while avoiding mistakes caused by emotional, impulsive decisions.

Converting smaller portions over weeks or months enhances predictability and stabilizes personal financial planning. Professional advisors widely endorse this method because it consistently minimizes timing-related risks. DCA transforms volatile crypto payments into reliable assets that maintain purchasing power longer.

By reducing reliance on speculative timing, individuals ensure predictable results with reduced stress.

## Diversifying Into Stablecoins and Traditional Financial Assets

Strategic diversification beyond core cryptocurrency wages remains important for financial long-term endurance. Employees receiving digital pay need to convert fractions into regulated or fiat-collateralized stablecoins relative to fiat currencies.

This approach maintains purchasing power without subjecting themselves to the whim of the extreme volatility of Bitcoin or Ethereum booms and busts. Stablecoins provide liquidity and guarantee ready availability for sudden spending or emergency needs.

Employees can benefit from investing in conventional finance markets and low-risk investments beyond holding stablecoins. For instance, when Ontario opened its regulated iGaming market in 2022, online casino platforms in Canada expanded their options. The payment options include e-wallets, prepaid cards, and bank transfers, giving players safer and more reliable ways to manage money.

Likewise, employees receiving crypto payments should utilize disciplined conversion methods to secure their earnings. Investing in savings accounts, diversified ETFs, or government bonds contributes to long-term financial stability. These traditional instruments have historically provided reliable performance.

ETFs and bonds offer stronger long-term growth potential, while savings accounts mainly provide liquidity and safety. Together, they help hedge against correlated declines in cryptocurrency.

## Establishing a Dedicated Fiat Emergency Fund

A fiat emergency fund remains essential for individuals receiving salaries entirely through cryptocurrencies. Digital assets inherently carry volatility risks that threaten stability during sudden adverse market conditions.

Establishing three to six months’ living expenses within traditional accounts ensures lasting protection. Unlike crypto, fiat funds provide reliable liquidity during emergencies like illness, unemployment, or crises. Employees should convert portions consistently into fiat until emergency savings goals are securely met.

This practice guarantees independence from forced asset liquidation at unfavorable cryptocurrency prices. Dedicated fiat reserves serve as financial buffers shielding individuals from severe market instability.

Building such reserves demonstrates foresight and professionalism when navigating unpredictable economic environments responsibly. Maintaining fiat liquidity balances speculative crypto investments with practical safeguards, securing daily necessities.

Professionals who prioritize emergency funds maintain resilience while continuing to confidently pursue strategic growth elsewhere. A balanced financial structure allows employees to weather downturns without significantly compromising long-term aspirations. Emergency reserves stand as indispensable pillars of financial planning for crypto-paid professionals worldwide.

Establishing fiat safeguards represents disciplined wealth management, ensuring both immediate stability and sustainable prosperity long-term.

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*This publication is sponsored.*

Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.

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**Author**

Reporter at Coindoo

Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
https://coindoo.com/best-practices-for-diversifying-crypto-salary-earnings/

First U.S. Spot XRP ETF Surpasses $100M in Assets Under Management

The first U.S.-listed exchange-traded fund (ETF) offering spot exposure to XRP has surpassed $100 million in assets under management (AUM) just one month after its launch, according to issuer REX-Osprey.

The ETF, named the REX-Osprey XRP ETF (ticker: XRPR), has experienced rapid growth since its September debut. It provides investors with direct exposure to XRP, currently the fourth-largest cryptocurrency by market capitalization.

While the U.S. Securities and Exchange Commission (SEC) has delayed rulings on at least six other spot XRP ETF applications—partly due to a slowdown triggered by the federal government shutdown—XRPR has emerged as a de facto benchmark for gauging market interest in XRP within the United States.

Globally, the Hashed Nasdaq XRP ETF (ticker: XRPH11), recognized as the world’s first spot XRP ETF, has accumulated 282 million Brazilian reais (approximately $52 million) in total assets.

Institutional activity around XRP continues to accelerate. CME Group recently added XRP options to its product lineup, following strong demand for XRP futures. Since launching XRP and micro XRP futures in May, CME reported trading over 567,000 futures contracts, representing $26.9 billion in notional volume.

These developments highlight growing investor interest and institutional engagement with XRP across multiple markets.
https://www.coindesk.com/markets/2025/10/25/first-u-s-spot-xrp-etf-surpasses-usd100m-in-assets-under-management

Traders Eye BlockDAG’s Coinbase and Kraken Listing Rumors for a 1000x Upswing as Astar and Cardano Slow Down

Discover How BlockDAG’s $432M Presale and Coinbase Leak Could Mark the Rise of the Most Popular Cryptocurrency as Cardano and Astar Lose Momentum

While many investors closely watch Cardano (ADA) price growth and analyze every Astar (ASTR) trading signal, the crypto market appears to be waiting for a true catalyst. ADA remains constrained by ongoing ETF speculation, and ASTR’s solid fundamentals clash with a bearish technical chart. With these major names stuck in a slow phase, one question remains: what is the real trigger the market has missed?

That answer might already be out.

BlockDAG’s Exchange Leak Sparks Fresh Momentum

Crypto Rover has shared what appear to be internal files hinting that BlockDAG (BDAG) is moving toward listings on Coinbase and Kraken. The reported Kraken deal includes $300,000 allocated for market-making and $200,000 in USDT dedicated to marketing activities. This level of preparation could position BlockDAG among the ranks of the most popular cryptocurrencies.

The leaked documents suggest BlockDAG is finalizing its cooperation terms with both Coinbase and Kraken, including allocations for technical setup ($300K USDT), marketing ($200K USDT plus $100K in tokens), and liquidity support ($300K). Furthermore, Coinbase documentation reportedly outlines BDAG/USDT and BDAG/USD pairs, marketing integration, and plans for increased app visibility.

Listings on such tier-1 exchanges have historically provided projects with massive liquidity and exposure—key ingredients that often transform them into leading names within the crypto space.

Strong Fundamentals Back BlockDAG’s Potential

BlockDAG’s fundamentals validate the growing excitement. The project has raised over $432 million, sold more than 27 billion coins across 31 presale batches, and attracted over 312,000 holders. Through the Token Generation Event (TGE) code, investors can still access coins at the presale price of $0.0015 before the $0.05 mainnet launch.

Its live hybrid Proof-of-Work and DAG-powered testnet currently achieves 1,400 transactions per second (TPS), with a roadmap targeting 15,000 TPS. This technical foundation mirrors early Ethereum scalability ambitions but surpasses them in both speed and efficiency.

Additionally, BlockDAG boasts the sale of over 20,000 X-Series miners and a growing ecosystem supported by 3.5 million X1 mobile miners. This expanding infrastructure combined with strategic marketing points toward sustained growth.

If these exchange listings go live successfully, BDAG could indeed become the most popular cryptocurrency of this cycle, potentially paving the way for an extraordinary 1000x price upswing.

Cardano Awaits a Critical ETF Decision

Cardano remains a major talking point as it trades near $0.65, struggling to break through a key resistance level. Although ADA’s price has declined about 19% over the last month, its yearly growth remains strong at over 100%.

The network’s on-chain metrics paint a different picture. Cardano recently surpassed 111 million transactions, and its Hydra scaling feature has boosted dApp performance by 20%. Despite this, heavy whale selling continues to suppress the price below the critical $0.76 mark.

The spotlight now is on the SEC’s decision regarding the Grayscale Cardano ETF, expected by October 26. This upcoming ruling could be a defining moment for ADA. If approved, it may unlock new institutional demand and catalyze the next wave of price growth.

Currently, the battle at the $0.60 support level feels like a buildup to a significant move. A positive decision could propel ADA past resistance, while a rejection might lead to a retest of the $0.60 floor. The entire crypto market is watching closely.

Astar Shows Hope Amid a Tough Market

Astar’s chart presents mixed signals, trading around $0.0175 after hitting an all-time low earlier this month. Technically, the picture looks challenging. The daily chart reveals a bearish setup, with both the 50-day and 200-day moving averages exerting downward pressure on the price, generating a bearish Astar (ASTR) trading signal for technical analysts.

However, a strong bullish divergence has emerged, often signaling a potential reversal.

The positive outlook extends beyond technicals. The project’s Stage 2 airdrop has rekindled investor interest, and its integration with Soneium, Sony’s Layer-2 network, is generating optimism. Reports indicate that revenue from Soneium is being used to purchase ASTR directly from the market, creating genuine buy pressure.

These fundamental developments lend strength to the outlook, mitigating the bearish trading signals and hinting that a potential bottom may be forming.

BlockDAG’s Listing Leak Could Redefine the Market

As traders await updates on Cardano’s price growth and evaluate Astar’s trading signals, both appear to be dependent on external catalysts. The true market spark might already be unfolding elsewhere.

Recent revelations by Crypto Rover indicate that BlockDAG is preparing to finalize its listings on Coinbase and Kraken. The leaked files detail specific marketing and liquidity budgets for Kraken and a comprehensive listing framework for Coinbase.

This development sets the stage for BlockDAG to potentially become the most popular cryptocurrency of the current cycle. With a presale raising over $432 million, selling more than 27 billion coins, and reaching its 31st batch, the project is gaining significant traction. Pending exchange listings could mark a pivotal shift in the crypto landscape.

Presale and Community Links

Presale: [Insert Presale Link]
Website: [Insert Website Link]
Telegram: [Insert Telegram Link]
Discord: [Insert Discord Link]

Note: This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related activities. Coindoo will not be liable for any damages or losses resulting from use of or reliance on any content, goods, or services mentioned. Always do your own research.

About the Author

Krasimir Rusev is a seasoned journalist at Coindoo with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source for investors, traders, and crypto enthusiasts.

https://coindoo.com/traders-eye-blockdags-coinbase-and-kraken-listing-rumors-for-a-1000x-upswing-as-astar-and-cardano-slow-down/

Trump pardons Binance founder Changpeng Zhao after Biden’s ‘war on crypto’

**President Donald Trump Pardons Binance Founder Changpeng “CZ” Zhao**

*By OAN Staff, Katherine Mosack | 9:09 AM Friday, October 24, 2025*

President Donald Trump has granted a pardon to Changpeng “CZ” Zhao, the founder of cryptocurrency exchange Binance.

White House Press Secretary Karoline Leavitt released a statement on Thursday, saying that Trump “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.”

“In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims,” she noted. “The Biden Administration’s war on crypto is over.”

The pardon clears Zhao of his 2023 conviction for violating the Bank Secrecy Act and failing to maintain anti-money-laundering controls in his currency exchange. At the time, prosecutors claimed that Binance was a hub for illicit transactions where criminal organizations laundered billions.

Binance paid a $4.3 billion fine to settle federal charges and was subsequently banned from operating in the United States. After serving four months in prison, Zhao stepped down from his role as CEO.

“Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice,” Zhao wrote on X Thursday. “Will do everything we can to help make America the Capital of Crypto.”

In another post on Friday, CZ reflected, “Overall, I think I have always been lucky. It (the process) was extremely painful, but it didn’t break me. My official record was tarnished for a bit, but my reputation held strong. No one, not a single person, stopped doing business with me. My family, friends and community supported me. I was never alone. Thank you for your support! Let’s keep building.”

A representative of Binance stated that the company “remains focused on building a secure, transparent, and user-first platform that reduces fees and increases access to the financial system for all.”

During a roundtable in the White House State Dining Room on Thursday, Trump commented on Zhao’s case, saying, “Let me just tell you that he was somebody that, as I was told, I don’t know him, I don’t believe I’ve ever met him, but I’ve been told by, a lot of support, he had a lot of support, and they said that what he did is not even a crime.”

He continued, “It wasn’t a crime, that he was persecuted by the Biden administration, and so, I gave him a pardon at the request of a lot of very good people.”

Last year, the Trump family also launched a crypto firm called World Liberty Financial, which is hosted on Binance.

The pardon has drawn criticism from Democrats, who claim that the decision may present a conflict of interest given the Trump family’s growing wealth derived from cryptocurrency.

Crypto investors, however, have welcomed the news of Zhao’s pardon. The Wall Street Journal reported that Binance’s BNB token has surged almost 80% this year, making it the fourth-largest cryptocurrency after bitcoin, ether, and tether, according to CoinMarketCap.

Following the news of Trump’s clemency decision, Bitcoin rose nearly 2% on Thursday.

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Crypto Market Proves Its Strength After Major Selloff, Analysts Say

The cryptocurrency market was shaken earlier this month after a sharp policy turn in Washington triggered widespread panic among traders. U.S. President Donald Trump’s declaration of 100% tariffs on Chinese imports sent shockwaves through global markets, and crypto was no exception. Within hours, prices across the sector plunged more than 10%, while forced liquidations surged from an estimated $10 billion to nearly $20 billion as overleveraged positions cascaded out of control.

What followed was one of the most intense selloffs of the year—but not the kind of collapse that breaks the system. Despite the chaos, the market infrastructure held up. Platforms that once buckled under far smaller stress tests managed to stay online, processing massive order flows without major interruptions.

### Bitcoin Holds Its Ground

According to TD Cowen analysts, the market’s reaction revealed both the dangers and the progress of today’s crypto ecosystem. Open interest was effectively halved, yet trading platforms continued to operate with minimal disruption. “The system absorbed the blow,” the report implied, highlighting that liquidity and technology have evolved dramatically since previous cycles.

Amid the turmoil, the two leading cryptocurrencies—Bitcoin and Ethereum—stood out for their resilience. While many small-cap tokens effectively vanished, Bitcoin’s dip proved relatively mild: it dropped 15% at its lowest point before rebounding to close the day down just 8%. Ethereum’s recovery mirrored that stability, cementing its role as a key anchor in an otherwise turbulent landscape.

Despite the liquidation storm, TD Cowen’s outlook remains strongly optimistic. The firm reiterated its projection that Bitcoin could reach $141,000 by December, supported by continued institutional inflows and a growing sense that the market’s structural integrity can now withstand extreme shocks without disintegrating.

### Global Adoption Defies Volatility

Beyond the trading floors, the TD Cowen report emphasized how global adoption continues to expand, largely unfazed by short-term corrections. Japan, in particular, stands out as a striking example: the number of registered digital asset accounts has now exceeded 7.9 million, a fourfold increase that signals the deepening reach of cryptocurrency into mainstream finance.

For analysts, this combination of resilience and rapid adoption paints a compelling picture of where the market is heading. The $19 billion liquidation wave, while painful, also served as a stress test—one that the industry passed. Rather than undermining confidence, the crash demonstrated that crypto’s core infrastructure is stronger, faster, and more coordinated than ever before.

As TD Cowen summed it up, volatility may still define the crypto market, but its ability to endure massive selloffs without breaking marks a significant step toward maturity.

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*Source: Coindoo.com*

*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

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**Author**
Reporter at Coindoo

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
https://coindoo.com/crypto-market-proves-its-strength-after-major-selloff-analysts-say/