Coinbase invests in CoinDCX as India’s crypto regulation nears clarity

  • CoinDCX holds ₹13.7 lakh crore in trading volume and ₹10,000 crore in assets.
  • CoinDCX recovered swiftly from a $44 million breach earlier this year.
  • Coinbase has invested over $250 million in Indian blockchain ventures.

Coinbase has deepened its presence in South Asia with a fresh investment in India’s largest cryptocurrency exchange, CoinDCX, just as the country’s regulatory climate for digital assets begins to shift toward transparency and compliance.

The move highlights how major global players are strategically positioning themselves in anticipation of India’s formal crypto framework.

The Oct. 15 announcement marks a renewed phase in Coinbase’s engagement with the Indian market, following its earlier participation in CoinDCX’s Series D funding round, which valued the exchange at $2 billion in 2022.

This time, the focus appears less on capital infusion and more on aligning with the next wave of regulatory and institutional participation in the region.

India’s emerging regulated crypto environment

CoinDCX, which now serves over 20 million users, has spent years advocating for regulatory clarity in India while building systems designed for compliance.

The platform reported a transaction volume of ₹13.7 lakh crore ($165 billion), assets under custody of ₹10,000 crore ($1.2 billion), and annualised revenue of ₹1,179 crore ($141 million) as of July 2025.

The timing of Coinbase’s investment coincides with increasing government and central bank engagement on how to classify and tax digital assets.

The Indian crypto sector, once restricted by banking uncertainty, is now inching closer to a formal licensing regime, with policymakers signalling the importance of compliance and financial transparency.

CoinDCX’s reputation for adhering to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards has helped it stand apart from offshore exchanges.

Its emphasis on user protection and responsible trading has likely made it an attractive partner for Coinbase as it expands its global network of compliant exchanges.

Resilience that reinforced investor confidence

In July 2025, CoinDCX faced a significant internal breach resulting in a $44 million loss. However, the platform’s ability to restore operations without affecting user assets demonstrated operational maturity uncommon in emerging markets.

The exchange absorbed the loss using reserves, reinforcing market confidence and strengthening its credibility among investors.

Coinbase’s renewed investment can therefore be seen as a reflection of faith not just in CoinDCX’s scale but also in its crisis management and governance standards.

The exchange’s continued profitability following the incident further validated its position as one of India’s most stable crypto institutions.

Coinbase’s long-term South Asia strategy

The partnership aligns with Coinbase’s broader 2025 strategy, which includes investments in Web3 infrastructure and AI-driven finance platforms.

The company has already committed over $250 million to Indian ventures, including CoinSwitch Kuber and several blockchain startups building payment and compliance tools.

By strengthening ties with CoinDCX, Coinbase aims to reach markets spanning India and the Middle East—regions that collectively represent more than 100 million crypto users.

CoinDCX’s expansion into the Gulf region this year also complements Coinbase’s ambition to build a regulated bridge between Western and Asian digital finance ecosystems.

For Coinbase, the investment goes beyond local growth—it is part of a calculated effort to make cryptocurrency “more accessible, useful, and trusted” in jurisdictions that are transitioning from uncertainty to regulation.

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ZCash price forecast: ZEC eyes $300 as bearish sentiment fades

Key takeaways

  • ZEC has outperformed other cryptocurrencies in the top 30, adding 5% to its value in the last 24 hours.
  • The coin could rally above $300 as bullish momentum returns.

ZEC outperforms the broader crypto market

ZEC, the native coin of the Zcash ecosystem, is the best performer among the top 30 cryptocurrencies by market cap. Up 90% in the last seven days, the coin remains bullish despite the recent market crash.

The privacy-focused coin formed a four-year high of $298 on Saturday, recovering excellently from the crash to $149 recorded during Friday’s market crash. However, it has dipped since then and is currently trading at $249 per coin.

The Open Interest (OI), which has been on a decline over the past three days, is now recovering as retail interest in the coin resumes. ZEC could target the $300 psychological mark over the next few hours or days as the bulls regain full momentum of the market.

ZEC eyes the $300 psychological mark amid bullish momentum

The ZEC/USD 4-hour chart is bullish and efficient as the coin has added 5% to its value in the last 24 hours. It has closed above the 61.8% Fibonacci retracement level of $235 and could be set to rally higher in the near term. 

The technical indicators on the 4-hour chart remain bullish, suggesting that ZEC could rally higher in the near term. The RSI of 52 shows that ZEC is still not within the overbought region, indicating further room for growth. The MACD lines also flashed a buy signal following the recent dip. 

ZEC/USD 4H Chart

By closing above the 61.8% Fibonacci retracement level at $235, ZEC could bounce back to challenge the $300 resistance level over the next few hours. An extended rally would allow the coin to hit $320 for the first time since May 2021. 

However, a bearish close below the $235 level over the next few hours could see the bears take the price to the $200 region. An extended bearish run would see ZEC threaten the next major support level at $193.

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Crypto markets turn red after Trump threatens to halt cooking oil imports from China

  • The crypto market turned red after a new tariff threat from President Trump.
  • Trump threatened to halt cooking oil imports from China over soybean purchases.
  • Bitcoin fell 2.4 percent and Ether dropped 3.3 percent within an hour of the post.

A single social media post has once again sent a jolt of fear through the cryptocurrency market, as a fresh and unconventional tariff threat from US President Donald Trump ignited a new wave of selling, plunging the entire digital asset space into the red.

The sudden downturn is a stark and painful reminder of the market’s extreme sensitivity to the president’s every whim, a fragility that was brutally exposed in a historic liquidation event just last week.

An ‘economically hostile act,’ an immediate market reaction

The catalyst for the latest sell-off was a post on Truth Social on October 14, in which President Trump took aim at Beijing’s trade behavior, specifically its failure to purchase American soybeans.

“I believe that China purposefully [is] not buying our Soybeans, and causing difficulty for our Soybean Farmers, [which] is an Economically Hostile Act,” Trump wrote.

We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.

The market’s reaction was immediate and severe. Within an hour of the post, Bitcoin (BTC) had dropped by 2.4 percent to around $112,861, while Ether (ETH) fell 3.3 percent to $4,108.

The total crypto market capitalization declined by roughly 2.9 percent, a clear and direct response to the president’s latest trade war gambit.

The ghost of liquidations past

This latest sell-off, while significant, is a mere aftershock compared to the earthquake that rocked the market last week.

A previous threat from Trump to impose 100 percent tariffs on all Chinese imports had triggered a violent and historic crash.

At its peak, that “bloodbath” saw more than 19.2 billion dollars in leveraged positions liquidated, marking the largest single-day wipeout in crypto’s history and overwhelming major trading platforms like Binance and Coinbase.

The memory of that carnage is still fresh, and it has left the market in a deeply fragile and nervous state.

Even before Trump’s latest post, crypto analysts had been warning of an impending market crash, with one popular analyst telling the trading community on October 13 to exit the market as a “big dump” was coming.

A market on a knife’s edge

The latest data from Coinglass shows that the market is still bleeding from last week’s wounds.

Over the past 24 hours, another 715.13 million dollars in positions have been liquidated, the vast majority of which were bullish long positions.

This new wave of selling, sparked by a presidential post about soybeans and cooking oil, is a potent symbol of the strange and unpredictable forces that now govern the digital asset space.

In a market haunted by the ghost of a historic crash and stalked by the whims of a single Twitter feed, the only certainty is more uncertainty to come.

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Celestia price reclaims $1 after crash to $0.27: TIA forecast

  • Celestia’s TIA token surged back to $1 on October 14, 2025, following a steep decline to $0.27 on Oct. 10
  • Technical indicators however signal weakness amid recent bearish momentum.
  • Short-term forecasts predict TIA faces immediate resistance around $1.20 as bulls aim to strengthen the recovery from recent lows.

Celestia (TIA) price is back above $1 as bulls show resilience amid a volatile crypto market.

As the modular blockchain network’s native token seeks to continue higher, what’s the outlook in the short-term?

Notably, Celestia’s market recovery follows a significant crash that saw buyers hover at new all-time lows under $0.30 on October 10, 2025. Bittensor and a few other altcoins have nonetheless posted key gains.

Celestia price crashed to below $0.30

Celestia’s token declined sharply as Bitcoin dumped and altcoins nosedived last week, with TIA  hitting a new all-time low of $0.27.

The crash, driven by multiple structural and market-wide factors, threatened to undo a broader sentiment that had bulls in “Uptober” mood.

A broader crypto market dump, triggered by Bitcoin’s dip to below $105,000 on October 11, compounded the pressure on the token.

TIA breached key supports at $1.35 and $1.00 as it reached the $0.27 floor.

While the crash wiped out billions in value, Celestia’s bulls were able to rebound to around $0.93.

On Monday, an uptick saw them climb to $1.26 before retreating as macro jitters around US-China trade tensions pulled risk asset markets down. However, the token was looking to hold above $1.

TIA price prediction

TIA’s price trajectory appears cautiously optimistic, bolstered by technical rebounds and strategic initiatives.

Recently, the team shared an outlook for the modular blockchain, comparing its growth to the huge impact that Amazon Web Services had amid the explosive web2 growth.

“Celestia is still in its infancy, yet it is positioning itself to become the proxy for blockspace demand. After a period of disillusionment, growth continues to accelerate,” the team wrote.

Although the daily Relative Strength Index (RSI) stands at 39, it has flipped from the oversold territory below 30.

This signals exhaustion among sellers and a high probability of mean reversion, historically preceding notable bounces in TIA’s price – recently from $1.35 to highs of $2.28 in July 2025.

Celestia chart by TradingView

The Moving Average Convergence Divergence (MACD) also exhibits bearish momentum, but this looks to be weakening as the histogram narrows.

A bullish divergence hints at accumulating buy pressure that could help bulls.

Short-term forecasts are projecting a range of $2.27 to $3.40.

However, bulls must first strengthen above the immediate supply zone around $1.20, with hurdles at $1.54 and $1.90.

Bullish scenarios could see Celestia price target the $10-14 range in coming months.

The all-time high above $20 reached in February 2024 is also a legitimate target in the current cycle.

Failure to hold $1 though could allow bears to retest prices below $0.90.

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