Today, in the crypto, the Indian government reconsiders the position of crypto in the middle of the world regulation change, a warned cryptocurrency merchant made nearly $ 16 million by capitalizing on the recent drop in prices of ETHER , and Bitcoin fell below $ 100,000 after US President Donald Trump imposing rigorous import rates.
India reconsiders the position on the crypto in the middle of the world regulation change
The Government of India reconsiders its position on cryptography in the midst of a global regulatory change to digital assets and increased adoption of the nation state.
According to Reuters, the Indian Economic Affairs Secretary Ajay Seth said that digital assets “do not believe in borders” and that India recuperated its cryptographic policies to avoid the risk of delaying other countries.
Seth’s comments follow the recent decree of American president Donald Trump establishing the working group on digital asset markets – an advisory body that will help shape crypto policy and explore the development of a stock of American strategic crypto .
Ethereum Trader earns $ 16 million while the ETH price falls to $ 3,000
An experienced cryptocurrency trader has won nearly $ 16 million by capitalizing on the drop in prices in Ether.
The merchant generated a value of $ 15.7 million in unpaid profits on a lever effect 
Ethusd Discovered position, which implies “the loan” of the cryptocurrency underlying a broker, selling it at the current price, then releasing it once the price drops-a strategy used by traders to bet on the decline prices of an asset.
The trader opened the position available with leverage 50x when the ETH exchanged $ 3,388, with a liquidation threshold of $ 4,645, according to mortgage data.
The merchant won an additional $ 2.3 million in funding fees on their leverage.
Although leverages can potentially increase yields, it can considerably amplify the risk of lowering and lead to the loss of initial investment.
In January 2024, a pseudonym merchant lost more than $ 161,000 funds in a single business after being liquidated on a lever effect, illustrating the risk of leveraging effect.
Bitcoin falls below $ 100,000 following Donald Trump imposing import prices
Bitcoin fell below $ 100,000 for the first time in six days after US President Donald Trump, signing a decree to impose import rates on the goods in China, Canada and Mexico.
The prices imposed have already triggered reprisals from the three countries, and the cryptographic industry is divided on the way in which this will affect the larger market.
According to a declaration of February 1 of the White House, “Trump implements an additional 25% rate on imports from Canada and Mexico and an additional 10% rate on imports from China. Canada’s energy resources will have a rate of less than 10%. »»
The press release indicates that “Trump takes daring measures to hold Mexico, Canada and China responsible for their stops to stop illegal immigration and the stop of toxic fentanyl and other drugs to sink into our country . “
Prices could increase inflation, which leads to higher interest rates, which generally pushes investors to move away from more risky assets such as crypto and to more traditional assets such as obligations and deposits .
