The development, analysts said, suggests investors are temporarily favouring policy-linked assets, with risk appetite split between safe-haven and cyclical exposures
Market weakness deepens as BTC struggles to reclaim key levels and Ethereum tests support zones, with analysts warning of further downside risks
The overall market sentiment remains dominated by fear, with the CoinMarketCap Crypto Fear and Greed Index registering at 27, firmly in the "fear" zone
Experts at the BFSI Summit urged swift digital asset regulation and an INR-backed stablecoin to stop India's crypto talent and innovation from moving overseas
BS BFSI Summit Day 2: Crypto industry experts highlighted the urgent need for investor education and regulatory clarity in India's crypto ecosystem.
The overall tone of crypto markets, analysts said, remains neutral, with the Fear & Greed Index steady at 42 - indicating reduced panic and improving investor confidence
WazirX restarts operations more than a year after a $230 million breach, enabling tokens in phases from 24 October and offering zero trading fees for 30 days
The move marks the end of a turbulent phase for the platform, which had suspended operations after a major security breach
The cryptocurrency, which had fallen to around $103,598 on October 17, climbed back to $110,222 in the last 24 hours - up 2.82 per cent
The recent pullback in Bitcoin, they said, appears to be a classic case of market fatigue after record highs
CoinDCX plans to expand in India and the Middle East using the fresh capital from Coinbase, which marks renewed global interest in Indian crypto startups.
Coinbase has been an investor in CoinDCX since 2020. The latest investment is an extension of the company's previous funding round and, once completed, will value CoinDCX at $2.45 billion post-money
The crypto custody offering-under development for the past two to three years-will cater primarily to asset managers and institutional clients
Despite the intense volatility, market participants remained resilient, with total crypto market capitalisation rebounding above $4 trillion
UK's top retail investment platform, Hargreaves Lansdown, has said cryptocurrency performance cannot be reliably analysed and shouldn't be trusted to help clients meet their financial goals
The pullback in Bitcoin and Ethereum, analysts said, appears to be a short-term corrective phase within a broader bullish structure
Meme Rush, the company said, is designed to help users discover and purchase exclusive meme token projects in their earliest stages-before they become publicly tradeable on decentralised exchanges
The surge comes amid sustained institutional inflows, as investors grow increasingly optimistic about potentially supportive signals from the US Federal Reserve
The crypto market rally aligns with historical trends. October, often called 'Uptober' in the crypto space, has traditionally been bullish, with Q4 typically delivering strong gains
The original cryptocurrency has long been referred to as "digital gold" by advocates, who see it serving a similar role as the precious metal during times of turmoil