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Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/01/2026

Jun 1: Coinbase Expands Into India’s $3B Crypto Market With INR Support

Whitehat Unlocks $2M From 2016 Ethereum ICO Contract · Crypto ETPs See $1.7B in Outflows as US Funds Lead Redemptions · Bitcoin Dips Below $72k as Strategy Sells for First Time in Four Years

Jun 1: Coinbase Expands Into India’s $3B Crypto Market With INR Support

Market Snapshot

  • Bitcoin (BTC): $72,236 (-2.28% 24h)
  • Ethereum (ETH): $1,989.94 (-1.60% 24h)
  • Solana (SOL): $80.84 (-2.39% 24h)
  • Notable number: Global crypto ETP outflows reached $1.67 billion last week.

Top Stories

Key Takeaways

  • Major exchanges like Coinbase are targeting emerging markets with tailored local support, even amid regulatory uncertainty.
  • Security in legacy smart contracts remains a concern, but whitehat recoveries are unlocking significant value for early investors.
  • Institutional sentiment appears cautious, as evidenced by sustained outflows from crypto ETPs and major holders reducing exposure.
  • Crypto market performance is diverging from traditional risk assets, suggesting unique sector dynamics at play.

What to Watch

Keep an eye on regulatory developments in India following Coinbase’s INR integration, as well as further smart contract recoveries by whitehat developers. Monitor whether crypto ETP outflows persist and if Bitcoin’s price decoupling from traditional markets continues in the coming weeks.