IIT Delhi's 'Rendezvous' fest is scheduled from April 24-26.

What Happened: According to India's Mint business newspaper, IIT Delhi representatives said the partnership with Binance will allow students to learn about blockchain technology and see some of its applications in action.

Binance's Asia-Pacific head, Leon Foong, said he is happy to provide his company's infrastructure and platform to inspire and educate students in Web3, blockchain, and crypto, according to the report.

Binance is also the title sponsor for the cultural festival, underscoring cryptocurrency's rising trend in the country where more and more Indians are buying digital assets. 

However, the regulatory atmosphere remains hostile in the country as the government plans to tighten provisions for the use of cryptocurrency.

Price Action: According to data from Benzinga Pro, Bitcoin was trading at $40703, gaining 0.55% in the last 24 hours, and Shiba Inu and DogeCoin were up 1.19% and 0.59%, respectively, over the same period.