GIFT BTTC 🧧 🎁 🧧 🚨 India Union Budget 2026 — Crypto & Digital Assets Update 🚨
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 today (Feb 1, 2026) in Parliament — her 9th consecutive budget, and a historic first on a Sunday!
Key takeaway for crypto community: No mention of cryptocurrencies, Virtual Digital Assets (VDAs), blockchain, or digital rupee in the speech.
Confirmed highlights from reliable sources (NDTV, The Hindu, Economic Times, official India Budget site):
• No new crypto regulations announced • No changes to the existing 30% flat tax on VDA gains • No relief on 1% TDS under Section 194S • No updates on loss set-off, which remains disallowed • No policy shifts or clarity on taxation/digital assets framework
The current regime (introduced in 2022) stays unchanged — gains taxed at 30% as "income from other sources," with 1% TDS on transfers, driving ongoing debates about offshore migration and calls for rationalization (e.g., lower TDS, loss offsets).🧐
Crypto sector remains in wait-and-watch mode. Industry had hoped for tweaks ahead of Budget, but focus stayed on capex (₹12.2 lakh crore), fiscal deficit (4.3%), infra, jobs, and other priorities.
For now: Status quo on crypto taxes & rules. Stay tuned for Finance Bill details or future announcements!
WHAT'S HAPPENING WITH XRP RIGHT NOW? 😱 $XRP / USDT Current: ~$1.66 24h: -4% (down from recent highs, amid broader market pullback) 📉 Key facts (verified Feb 1, 2026 data from CoinMarketCap, CoinGecko, Coinglass):• XRP dipped ~4% in 24h, part of crypto-wide correction (BTC weakness + macro caution driving risk-off)• Significant long liquidations: Recent 24h data shows millions in XRP futures wiped (total crypto liqs ~$2.5B+), accelerating the flush• Broke short-term support near $1.70–$1.75; now testing lower zones• Not fundamentals failing — Ripple's regulatory clarity, ETF inflows, and cross-border utility remain strong 🧨 Bull run OVER? ❌ NO — just a healthy pause/correction after big 2025 gains. 💡 Reality check: Liquidations + fear dominate, shaking weak hands and resetting leverage. Long-term narrative intact.Current vibe: • Short-term: Bearish & volatile • Structure: Correction phase • Long-term: Bullish intact 🔥 Brutal dips weed out paper hands, reset over-leveraged positions, and test diamond hands.
📌 Pro tip: Chill, track volume + key levels. Trade smart, not emotional. 💰 Correct entry zone (per current charts): Watch $1.50–$1.60 for strong support bounce if it dips further — solid reload area before potential rebound to $1.80+.HODL strong, #XRPArmy! 🚀
ISRAEL'S STEALTH MODE: BUILDING A BITCOIN EMPIRE! $BTC
Regulators dropping the blueprint to make Israel the Middle East's crypto kingpin—finitch vibes meet ironclad rules. ✅ ISA rules on lock: Crypto slots right into securities laws. No chaos, just clarity! ✅ Bank of Israel: Shekel stays boss, but BTC? Welcome aboard—smart risks only. ✅ Tax game strong: BTC as taxable asset = trust for noobs & big whales alike. ✅ AML & cyber shields up via National Cyber Directorate: Secure, compliant, unstoppable. Future flex? Bitcoin powerhouse rising, one block at a time. 🚀 Who's in? #Vanar @Vanar
#vanar 🔥BULLISH: Steak ’n Shake disclosed a $10MILLION Bitcoin purchase last week, after rolling out payments in May and reporting 15% Q3 same-store sales growth.
🚨 MAJOR BREAKING: Trump Calls for 10% Credit Card Interest Rate CAP Starting Jan 20, 2026! 💳📉
President Trump just dropped this bombshell on Truth Social: He's calling for a one-year cap on credit card interest rates at 10%, effective January 20, 2026 — exactly the one-year anniversary of his second inauguration.
Current average rates? Hovering around 20-24% (some reports show existing accounts near 21%, new offers even higher at 22-23%). That means millions of Americans carrying over $1 TRILLION in credit card debt could see their interest burdens cut in HALF overnight.
Imagine the relief: 1. Tens of billions in interest savings flowing back to households 2. More cash for bills, groceries, savings, or even investing 3. Potential liquidity boost → higher consumer spending → tailwind for stocks, risk assets, and yes. Crypto often rides that wave when people feel richer
Trump's post blasts the "20-30% rip-off" that exploded under the previous admin, framing it as a big win for Main Street affordability.
But here's the heated debate🔥 Banks & industry groups (ABA, Bank Policy Institute) are sounding the alarm: 1. At 10%, profit margins get crushed on the riskiest loans 2. Expect tighter credit — lower limits, fewer approvals, especially for subprime borrowers 3. Some warn it could push people toward payday loans or other expensive alternatives 4. Rewards programs, perks, and even card access might get scaled back (remember what happened with debit fee caps?)
Bipartisan support exists (Hawley + Sanders pushed similar bills), but enforcement? Unclear. Likely needs Congress or heavy regulatory pressure — this is a call, not law yet.
Short-term market reaction? Many see upside for consumer stocks & broader risk-on mood. Long-term? Could spark a credit crunch if banks pull back too hard.
🤔 What do YOU think — game-changer for everyday Americans or recipe for hidden pain? Drop your take below 👇
The crypto market has seen sharp volatility and major corrections this year, with heavy leveraged liquidations amplifying sell-offs and pushing sentiment into extreme fear.
📊 Despite the turbulence, institutional interest remains strong — Bitcoin and Ethereum ETFs have attracted tens of billions in inflows over 2025, showing long-term capital is still entering the space.
😌 Investors remain cautious but hopeful, with many looking toward 2026 for potential stabilization as macro conditions and adoption evolve.