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Crypto’s Next Chapter: Institutions, ETFs, and the Path to a New Bull Market

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MUMBAI: After a bit of a cool-down, the crypto market is once again buzzing with talk of the next big bull run. Of course, anyone who’s been around for a while knows that nothing is ever simple when it comes to price. Still, a powerful mix of big-money players getting serious, huge demand for ETFs, and a promising chart setup hints that a solid base is being built for the next leg up.

To get an insider’s perspective on this shift, Binance Studios’ Jessica Walker sat down with Catherine Chen, Head of VIP and Institutional at Binance. Her insights reveal a quiet but powerful change in how the world’s biggest financial players view the crypto landscape. The discussion highlights a maturing industry poised for its next chapter of growth.

According to Chen, institutional interest in crypto has been steadily growing, with last year’s debut of spot cryptocurrency ETFs serving as a “pivotal moment” for institutional adoption. As Chen explained, “at the very minimum all of these institutional investor(s) has a fiduciary duty to at least take a proper look at this asset class and thanks to the introduction of ETF this asset class has also been given the much needed legitimacy.”

The Institutional Wave: A Turning Point for Crypto

For years, the market has anticipated the arrival of institutional capital, and according to Chen, that moment is already underway. She explained that institutional interest has been “slowly bubbling” for some time, noting that “a lot of institutional investors are already here”. This includes a wide range of players, from agile hedge funds and proprietary traders to more conservative pension and sovereign wealth funds that are now beginning to make allocations.

A key factor paving the way for these institutions is a shift in perception. Chen actively debunks the persistent myth that crypto is primarily for illicit activities. She points to research showing that over 99% of all criminal and money laundering activity happens through the traditional financial system, whereas crypto’s illicit transaction share has fallen to less than 4%. Getting comfortable with how transparent the blockchain really is has been a game-changer for these big institutions.

This change in thinking has a ripple effect across the entire crypto space. When that kind of money starts to pour in, it brings with it a new level of credibility and the resources to match. Chen believes this trend will lead to “more valid and really meaningful project” development, creating a healthier and more sustainable market for all participants.

ETF Inflows: Opening the Floodgates

The launch of spot Bitcoin ETFs in the US was the catalyst that many institutions were waiting for. Chen described the introduction of ETFs as a “pivotal moment for crypto” that sent a very important signal to the market. It provided the “much needed legitimacy” for the asset class, she explained, creating a “fiduciary duty” for large money managers to “at least take a proper look at this asset class”.

The numbers since the January 2024 launch back this up. Despite a recent outflow of $342.2 million on July 1, which ended a 15-day streak, the funds have seen massive year-to-date net inflows of approximately $13.4 billion. The success of BlackRock’s IBIT fund is particularly telling, as it has attracted over $52 billion in inflows and now generates more revenue than the firm’s enormous S&P 500 ETF, proving the massive “pent-up demand” for regulated crypto exposure.

While a recent dip in inflows suggests traders are taking a more “defensive stance” for now, the broader trend remains clear. ETFs have successfully created a regulated and familiar bridge for trillions of dollars in capital to enter the digital asset space.

Reading the Charts: Technicals Signal a Breakout

While institutional flows provide the fuel, the market’s technical structure offers a roadmap for what could be next. After hitting a new all-time high of over $110,295 in June 2025, Bitcoin has been consolidating. Analysts are closely watching the price range between support at $106,500 and a major resistance zone at $108,000 to $110,000 for the next decisive move.

Several on-chain indicators suggest the market is in a cool-down phase, gathering strength for its next leg up. Both on-chain transfer volume and spot trading volumes have declined from their recent peaks, which is typical of a consolidation period. However, other metrics flash bullish signs. A key metric called the MVRV ratio, which gives a sense of market profitability, is sitting well below the levels where things have historically gotten overheated. That suggests there’s still plenty of gas left in the tank for this cycle.

On top of that, the Altcoin Season Index is still way down at 24 out of 100. This tells us the spotlight is firmly on Bitcoin for now. If history is any guide, a big Bitcoin move often leads to money flowing into altcoins later. This could kick off a wider market rally if BTC can just break through its current ceiling.

Are the Bulls Ready to Charge?

All the signs seem to point toward a market that’s building a really solid foundation for what comes next. Here’s what builds a pretty strong case for the bulls. Steady institutional buy-in, the game-changing effect of ETFs, and a technical setup that looks ready to pop. And this isn’t just hype. It’s a sign that the crypto industry is growing up.

But let’s not get ahead of ourselves as there’re still some hurdles. As Katherine Chen pointed out, “regulatory clarity is the single most important thing” needed to really open the floodgates for institutional money. For everyday investors, this flow of serious capital and talent is a clear win.

The ride might be choppy in the short term. But considering all these powerful forces, the next major bull run isn’t a question of “if,” but “when.”

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Food for thought Feeding India serves 23 crore meals and counting

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MUMBAI: Hunger may be stubborn, but Feeding India is proving it is not unbeatable. The not-for-profit has served more than 23 crore meals over the past seven years, turning nourishment into a nationwide movement that now spans over 150 cities, according to its Annual Report for FY 2024–25.

Titled A Year of Nourishing Dreams, the report captures a year in which the organisation sharpened its focus from simply filling plates to shaping futures. At the heart of its work is the fight against child malnutrition, with Feeding India now supporting over 1.4 lakh children every day through its partner network.

Its daily feeding programme has grown into a vast ecosystem, covering 1,097 partner schools and 726 Anganwadi centres. These include 275 formal schools, 720 informal learning centres, 58 schools for children with disabilities, and 32 orphan homes. Menus are tailored to local tastes, from rajma chawal in the North to idli sambhar in the South, ensuring meals are nutritious, culturally familiar and widely accepted. Food is provided through a mix of on-site kitchens and centralised cooking facilities.

Recognising that malnutrition often begins long before children enter classrooms, Feeding India has stepped deeper into early childhood care. Across districts such as Gurugram, Kushinagar and Varanasi, the organisation has worked with 726 Anganwadi centres, impacting around 27,000 children aged 0–6 years. More than 30 Anganwadis have been upgraded using Building as Learning Aid concepts, creating brighter, safer and more child-friendly spaces. In Varanasi, a pilot programme now provides full breakfast and lunch meals, a significant shift from the usual supplementary snacks.

The year also tested the organisation’s ability to respond in crisis. During 2024–25, Feeding India distributed nearly 2,000 ration kits following floods in Assam and landslides in Kerala, and served over 1.9 lakh hot meals after the Uttarakhand cloudburst. Relief operations extended to Bihar, Andhra Pradesh and Tamil Nadu in the wake of Cyclone Fengal.

Community participation remains central to the model. Events such as the Zomato Feeding India Concert, featuring Dua Lipa, brought together 28,000 people in 2024, while initiatives like Poshan Potli nutrition kits supported tuberculosis patients during recovery in Varanasi.

Funding patterns underline the power of platforms. Zomato users contributed nearly 80 per cent of total funds, amounting to Rs 74 crore, while Blinkit customers added 15 per cent, or Rs 14 crore. The remaining around 5 per cent came from institutional donors, employees and direct website contributions. Donors can track their impact directly via the Zomato or Blinkit apps, seeing how many meals they have funded and where those meals were served.

The report also highlights tangible outcomes. At the Malvi Educational and Charitable Trust in Gujarat, students recorded an average BMI improvement of 9.50 per cent after daily nutritious meals were introduced.

“Every meal represents hope, dignity and opportunity for a child who might otherwise go hungry,” a Feeding India spokesperson said, adding that the focus remains on nourishing potential through nutrition, infrastructure and care.

As the numbers grow, the message is simple but powerful, feeding a child today is an investment in tomorrow, and Feeding India is determined to keep that promise alive, one meal at a time.

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AI goes to class as MSDE, Google Cloud pilot smart skills framework

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MUMBAI: If skills are the engine of Viksit Bharat, artificial intelligence is being fitted firmly under the bonnet. The Ministry of Skill Development and Entrepreneurship has announced a collaboration with Google Cloud and Chaudhary Charan Singh University to build a national framework for modernising India’s vocational and higher education ecosystem using cloud and AI technologies.

Unveiled at Google’s AI for Learning Forum in Delhi, the initiative positions CCSU, Meerut as a national pilot institution that will test how AI can be embedded into everyday teaching, administration and skill development. The announcement was made in the presence of Jayant Chaudhary, alongside senior officials from the Ministries of Skill Development and Education.

At the heart of the pilot is the use of Google Cloud’s Gemini Enterprise platform to address real-world challenges faced by universities. These include automating administrative workflows, improving staff efficiency, supporting research, and enabling personalised learning through AI tutors and skill-gap analysis. The aim is to make learning more adaptive, efficient and aligned with evolving workforce needs.

The programme is designed to act as an equaliser. By enabling vernacular language support and personalised AI-driven mentorship, it seeks to extend access to high-quality learning tools to students in regional institutions who are often constrained by geography, language or resources. Faculty members will also be supported with AI tools to design curriculum content, simulations and multilingual teaching aids tailored to different learning speeds.

Beyond classrooms, the initiative focuses on operational reform. Intelligent document processing and automated workflows are expected to reduce administrative load, allowing institutions to function more efficiently while improving service delivery to students.

Crucially, the CCSU pilot will feed into a larger ambition. Insights from the project will be used by MSDE to develop a National Best Practice Framework that can guide more than 50,000 colleges and over 1,200 universities in adopting AI responsibly and self-certifying as “AI-enabled universities”.

As a designated Centre of Excellence, CCSU will also host knowledge-sharing sessions to demonstrate how AI can be scaled across India’s diverse education landscape. The goal is clear: ensure that future-ready skills are not confined to elite campuses, but become part of the everyday learning experience for students across the country.

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Stop feeding the machine: Why Data Privacy Day 2026 is your wake-up call

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MUMBAI: It is January 28, 2026. Today, the world observes Data Privacy Day. But let’s be honest: for the other 364 days of the year, we are usually too busy scrolling to care. We click “Accept All Cookies” to read an article. We trade our email addresses for 10% off a pair of sneakers. We spill our deepest thoughts to AI chatbots without wondering where that data goes.

The result? You are leaving a trail of “digital exhaust” that is being vacuumed up, packaged, and sold to the highest bidder.

Today is the day we hit the brakes. Privacy is no longer a luxury for the paranoid; it is a necessity for the free. Here is why this matters right now, and how you can fix it fast.

The New Threat: It’s not just hackers anymore
In the past, we worried about criminals stealing our credit card numbers. In 2026, the game has changed. The entity hungry for your data isn’t just a hoodie-wearing hacker in a basement—it’s the legitimate apps on your phone and the algorithms training on your behavior.

• The AI Mirror: Every prompt you type into a public AI model can theoretically become part of its brain. Your distinct writing style, your problems, and your ideas are the fuel.
• Biometric Overload: We pay with our faces and unlock doors with our fingerprints. If a password gets stolen, you change it. If your biometric data gets stolen, you can’t change your face.
• The “Free” Trap: If an app is free, you aren’t the customer; you are the product. Your location history, health stats, and spending habits are the inventory.

The 15-minute privacy sprint
You don’t need to go off the grid or move to a cabin in the woods. You just need to tighten the bolts. Here is your rapid-fire action plan for today:

1. Kill the zombies
We all have “zombie accounts”—old logins for fitness apps we used once in 2021 or shopping sites we forgot about. These are security holes waiting to happen.

The Fix: If you haven’t logged in for 12 months, delete the account. Not the app—the account.

2. Starve the chatbot
AI is useful, but it doesn’t need to know your secrets.

The Fix: Turn off “Chat History” in your AI settings where possible. Never enter financial details, legal documents, or medical info into a public Generative AI tool.

3. The “location” audit
Does your flashlight app need to know you are in a coffee shop? Does your calculator need your contact list? Absolutely not.

The Fix: Go to Settings > Privacy > Location Services (on iOS or Android). Change permissions from “Always Allow” to “While Using” or, even better, “Never” for non-essential apps.

4. Ditch the SMS two-factor
Hackers can swap SIM cards easier than they can crack passwords. Receiving your 2FA codes via text message is the weak link in 2026.

The Fix: Switch to an Authenticator App or use a physical security key (like a YubiKey). It takes five minutes to set up and multiplies your security by ten.

The bottom line
Data Privacy Day isn’t about fear; it’s about agency.

Your data is an extension of your physical self. It is your identity, your history, and your future. By taking control of it, you aren’t just securing a device; you are reclaiming your right to be a person, rather than a data point.

Don’t wait for next January. Make privacy a habit, starting now.

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