India’s Crypto Regulation Policy Set for June Release Amid Bitcoin’s Record Highs
India is gearing up to break its prolonged silence on cryptocurrency regulation with a forthcoming discussion paper expected in June. This development comes as Bitcoin reaches new all-time highs above $111,900, suggesting strategic timing from Indian policymakers. The Supreme Court has also ramped up pressure on the government, criticizing regulatory delays and dismissing outright bans as ineffective solutions. This article delves into the key details of India's upcoming crypto policy and its potential impact on the market.
India’s Crypto Regulation Policy Coming in June: What We Know So Far
India appears poised to break its prolonged silence on cryptocurrency regulation with a forthcoming discussion paper in June. This move comes as Bitcoin achieves new all-time highs above $111,900, signaling potentially strategic timing from Indian policymakers.
The Supreme Court has intensified pressure on the government, criticizing regulatory delays and dismissing outright bans as ineffective solutions. Judicial scrutiny highlights how India lags behind global counterparts in establishing clear crypto frameworks.
Reports suggest the proposal will incorporate recommendations from the IMF and Financial Stability Board, possibly including mechanisms for public consultation. This approach indicates a shift toward structured oversight rather than the previous cycle of heavy taxation and regulatory ambiguity.
Bitcoin Price Analysis: Strong Technicals and Institutional Confidence Drive Bullish Outlook
Bitcoin reached a significant milestone, closing at a robust level after briefly touching an intraday peak. Market behavior indicates this may not be the euphoric top, as capital continues to FLOW in at unprecedented rates. Investor confidence remains unshaken, with daily inflows matching the peaks of the 2021 bull market.
On-chain analyst Axel Adler Jr. highlights that daily net inflows remain historically high, even surpassing 2021 levels at current price points. Notably, capital surged most aggressively during price spikes rather than dips, signaling a shift in market behavior. Investors now show greater comfort buying at higher levels, reflecting long-term conviction over short-term speculation.
Market structure reveals a breakout followed by consolidation. At the beginning of May, bitcoin traded sideways in a narrow band before a sharp move disrupted the pattern.
Bitcoin Faces Bearish Divergence Warning as Price Dips Below $105K
Bitcoin's rally to a new all-time high last week has cooled, with the price now hovering below $105,000. Prominent analyst Willy WOO warns of a potential bearish divergence on the weekly chart, signaling possible stagnation or reversal. The Relative Strength Index (RSI) shows a discrepancy with price action—a classic precursor to sideways or downward movement.
Woo's analysis gives Bitcoin just over two days to avoid printing this signal, or risk a "sideways summer" of low volatility. Not all traders agree with the assessment, however. Some argue the RSI conditions don’t meet textbook divergence criteria, noting the indicator never breached the 70 threshold.
Bitcoin's Divergence from U.S. Treasury Bonds Signals Investor Shift
Bitcoin's correlation with U.S. 10-year Treasury bonds has plummeted to historic lows, nearing negative territory. Data from Bitwise Europe Research reveals a 60-day rolling correlation chart where the two assets now MOVE inversely—a structural shift suggesting investors may be reallocating from traditional bonds to crypto.
The breakdown reflects Bitcoin's evolving role as a portfolio hedge amid rising inflation expectations and budget deficits. Long-term bond yields climb while prices fall, creating fertile ground for Bitcoin's scarcity narrative to thrive. "This isn't just technical—it's fundamental," analysts observe, noting crypto's growing appeal to growth-oriented capital.
Bitcoin Slips as Tariff Ruling Reversal Rattles Markets
Cryptocurrency markets declined sharply Friday as renewed U.S. trade policy concerns overshadowed positive industry developments. The CoinDesk 20 Index dropped 4.4% to 3,129, with Bitcoin (BTC) falling 2.8% to $105,300. Despite the pullback, BTC has maintained above $100,000 for 20 consecutive days—a testament to sustained demand.
The sell-off coincided with a U.S. appeals court reinstating trade tariffs previously blocked as illegal, reigniting fears of prolonged trade tensions. "When it comes to global trade right now, the only certainty is uncertainty," noted Darren Nathan of Hargreaves Lansdown. Macroeconomic pressures intensified as reports surfaced of WHITE House pressure on the Federal Reserve to cut rates.
Bitcoin's role as a hedge against uncertainty remains evident. BlackRock's iShares Bitcoin Trust (IBIT) continues attracting billions in inflows while exhibiting record-low volatility, underscoring institutional confidence in crypto's long-term value proposition.
Tether Reveals Massive Holdings of Bitcoin and Gold in 2025 Report
Tether has solidified its dominance in the crypto financial sector with unprecedented holdings of Bitcoin and gold. The company now possesses over 100,000 Bitcoins, valued at more than $10 billion, alongside 50 tons of physical Gold worth $6 billion. These reserves underscore Tether's strategic diversification into both digital and tangible assets.
The stablecoin issuer reported a record $13 billion profit for 2024, cementing its position as the most profitable entity in crypto. Gains were driven by interest-bearing assets like U.S. Treasuries and strategic crypto reserves. With Bitcoin's valuation pegged at $83,000 per coin in Q1 2025—and prices since surpassing $109,000—Tether sits on substantial unrealized gains.
CEO Paolo Ardoino emphasized the company's reserve strategy as a blueprint for institutional crypto adoption. 'Our approach demonstrates how digital assets can coexist with traditional stores of value,' he stated during the Las Vegas fiscal report presentation. The disclosure signals growing institutional confidence in cryptocurrency as a Core component of corporate treasuries.