Schlagwort: crypto business

Veröffentlicht am

CoinDCX data reveals India’s rising appetite for diversified digital assets

  • CoinDCX users now hold an average of five tokens, up from two to three previously.
  • Women investors doubled year on year with broader diversification trends.
  • Millennials remain the dominant user base as the average age rises to 32.

Indian crypto investors are showing a stronger preference for diversified digital asset portfolios, marking an early shift toward more deliberate and long-term allocation behaviour.

CoinDCX’s annual report, released on Thursday, suggests that the country’s retail investor base is gradually moving away from the idea that crypto is synonymous with Bitcoin, signalling broader maturity in market participation in 2025.

This trend reflects a market becoming more confident, curious, and willing to explore varied opportunities across the expanding digital ecosystem.

The exchange found that the average user now holds around five tokens, compared with two to three in 2022.

This steady expansion of holdings indicates a growing awareness of portfolio construction and a willingness to explore different parts of the crypto market beyond the most established assets.

Layer-1 tokens lead activity

CoinDCX reported that layer-1 assets accounted for 43.3% of portfolio volumes.

Bitcoin, priced at $93,133, held a 26.5% share of allocations. Memecoins made up 11.8% of user portfolios, showing that speculative interest remains a part of broader diversification trends.

According to the exchange, Indian traders have become increasingly comfortable navigating different digital asset categories as adoption widens across the country.

The report noted that crypto is emerging as a natural extension of the financial products already familiar to many users.

Millennials dominate participation

The platform’s user base is ageing upward, with the average trader now 32 years old. Millennials continue to make up the majority of users, outpacing Gen Z in adoption, though younger traders remain active.

Gen Z users, aged 18 to 24, tend to favour emerging narratives such as layer-2 ecosystems, memecoins, and non-fungible tokens. Their behaviour reflects a greater appetite for thematic or speculative sectors.

CoinDCX also saw its number of women investors double year on year. These users are diversifying beyond Bitcoin and Ether, priced at $3,183, into tokens such as Solana at $143.04 and Sui at $1.67.

Founded in 2018 and backed by Coinbase, CoinDCX is one of India’s largest crypto exchanges with more than 20 million registered users. It remains a key gateway for retail access to digital assets.

India shows wide but shallow adoption

CoinDCX noted that India continues to lead in early indicators of digital asset awareness, including mobile-first trading behaviour and high engagement across educational content on the platform.

These signals reflect strong nationwide interest in crypto as a financial category.

However, the exchange found that deeper, research-driven participation remains limited. Many users enter the market through popular assets or trending narratives rather than sustained ecosystem involvement.

As a result, the platform characterised India’s adoption as “wide” but not yet “deep”.

CoinDCX said the country is still in the early stages of its digital asset journey, leaving significant room for education, innovation, and long-term growth as user sophistication develops.

The post CoinDCX data reveals India’s rising appetite for diversified digital assets appeared first on CoinJournal.

Veröffentlicht am

Avalanche price jumps above $14 on rising onchain adoption; analysts see path to $9 or $35

  • Avalanche price jumped back above $14 as cryptocurrencies rose on Thursday.
  • Institutions accelerating onchain adoption and network momentum from November is key for bulls.
  • AVAX token’s value could surge to $35, but could also slip to $9 in the short term.

Avalanche (AVAX) price has rebounded to above $14, with the altcoin seeing gains amid robust on-chain metrics.

The latest report recounting key Avalanche milestones in November 2025 shows growing ecosystem adoption. Visible metrics include the number of transactions and the value of real-world assets onchain.

Gains for AVAX mirror broader altcoin market optimism that could gain momentum amid Ethereum’s breakout to above $3,200.

Investors and traders are also showing conviction despite overall market jitters.

Avalanche price gains

On December 4, 2025, the price of AVAX traded to a high of $14.95.

This 6% uptick sees AVAX up from a monthly low near $12.50, with 30-day losses currently down to 12%. Bulls have cut declines to just 1.5% in the past week.

November had seen Avalanche fall alongside top coins, driven by profit-taking after earlier highs.

Over the past week, the token has advanced to near the $15 mark, and intraday movements on December 4 highlight this momentum.

Meanwhile, trading volume has exceeded 554 million AVAX, suggesting improved liquidity and trader interest.

Technical upgrades and institutional inflows are two of AVAX’s top price catalysts.

Sustained network activity

Despite price declines over the past months, Avalanche’s network has demonstrated remarkable endurance. Details indicate that November marked a pinnacle of user engagement for the project.

AVAX treasury strategy moves also shone.

The C-Chain recorded 10.1 million monthly active addresses, which is its strongest performance of 2025. MAUs for the month surpassed October’s 9.2 million, and fueled a 22% year-over-year growth.

Key November achievements include Dexalot’s 400 million transactions on its Avalanche L1, MapleStory Universe’s 100 million transactions, and Kite AI’s 436 million transactions alongside 715 million agent calls.

Real-world assets (RWAs) tokenized on Avalanche ballooned to $1.2 billion, a 66% monthly jump. Meanwhile, Pharaoh Exchange generated $283,000 in fees from $200 million in daily volume.

Recent data shows daily transactions hitting a cycle high of 2.57 million on November 30, supported by 470,000 active addresses.

Institutional moves, like FIS Global’s $9 trillion loan platform launch, further cement this activity.

“As regulatory clarity improves and institutions accelerate onchain, Avalanche’s architecture, scalability, and ecosystem position it where innovation meets utility. The momentum from November sets the stage for continued growth. The infrastructure is ready, institutions are coming, and Avalanche is powering what’s next,” the Avalanche Team noted in the blog post.

Avalanche price outlook

Overall, AVAX’s price trajectory remains largely bullish long-term. However, analysts say bears may not be done yet, and a pullback is likely.

Per analyst Ali Martinez, the charts paint a broadening wedge pattern for Avalanche. While prices could spike to the key resistance line, a breakdown towards the support trendline could bring $9 into play.

“A right-angled ascending broadening wedge breakout puts Avalanche $AVAX on track for $9,” the analyst wrote.

On the other hand, a technical breakout could allow bulls to target $20. As momentum builds from current support, further gains could bring $35 into the bulls’ view.

The post Avalanche price jumps above $14 on rising onchain adoption; analysts see path to $9 or $35 appeared first on CoinJournal.

Veröffentlicht am

Bitcoin price forecast: BTC eyes breakout to $100k as technicals improve

Key takeaways

  • BTC is up by less than 1% and is currently trading above $93k.
  • The coin could rally towards $100k if the bullish recovery continues.

Bitcoin reclaims $94k

The cryptocurrency market has recovered from the dip recorded on Monday, with Bitcoin briefly reclaiming the $94k level on Wednesday. The leading cryptocurrency by market cap is up by less than 1% in the last 24 hours and is now trading above $93k per coin.

The positive performance comes as technical indicators improve across the board, suggesting that retail investors are optimistic about a rally in the near term. 

In an email to Coinjournal, Nic Puckrin, investment analyst and co-founder of The Coin Bureau, pointed out that Bitcoin has staged a remarkable recovery over the past 24 hours, driven by a perfect storm of good news that has finally tipped the balance over in favor of the bulls (Vanguard allowing its clients to buy and sell crypto ETFs).

Furthermore, Bank of America is now recommending a 1%-4% portfolio allocation to crypto, which could bring up to $700 billion in extra liquidity into this asset.

“As a result, Bitcoin has shot up to a key resistance level between $93,000 and $95,000, which also acted as a resistance zone back in April. If it pushes through this, it will attempt to breach the $100,000 threshold again, with the 50-week simple moving average (SMA) at $102,000 a key level to watch. It all depends on whether US buyers continue this momentum when the New York market opens this morning,” Puckrin added.

Bitcoin looks to overcome the $93k resistance

The BTC/USD 4-hour chart is bearish and efficient despite Bitcoin performing positively this week. The technical indicators have improved, with the bulls currently in control.

The RSI of 61 shows that Bitcoin could be heading into the overbought territory if the buying pressure continues. The MACD lines also switched bullish on Tuesday, confirming another strong bullish bias.

BTC/USD 4H Chart

If the bullish trend persists, BTC could surge towards the next major resistance level at $96,399 over the next few hours or days. However, if the bulls fail to push higher. Bitcoin could retest the liquidity level just below $91k.

The post Bitcoin price forecast: BTC eyes breakout to $100k as technicals improve appeared first on CoinJournal.

Veröffentlicht am

Will Litecoin hit $95 amid rising retail demand? Check forecast

Key takeaways

  • LTC is up 1% in the last 24 hours and now trades at $85 per coin.
  • The coin could rally above $95 amid growing retail demand.

Litecoin reclaims $85 as demand increases

Litecoin (LTC) has added 1% to its value and is currently trading above $85 per coin. The positive performance comes amid increased demand for cryptocurrencies with listed Exchange Traded Funds (ETFs). The momentum comes after the Vanguard Group decided to allow crypto market exposure through third-party ETFs.

Vanguard’s decision extends exposure to the Canary Litecoin ETF (LTCC), increasing the possible demand for the fund.

However, data obtained from SoSoValue revealed that the Litecoin ETF saw a net-zero flow on Monday and Tuesday, keeping the cumulative net inflow at $7.67 million. 

Furthermore, the Litecoin derivatives market saw a surge in demand, as the futures Open Interest (OI) surged by 4.41% over the last 24 hours to $440.26 million. This surge suggests that investors are confident that Litecoin’s price could rally higher in the near term.

Finally, data obtained from CryptoQuant shows an increase in the average order size from whales. This reflects greater confidence and could further boost demand.

Litecoin could reclaim $95 as indicators flash bullish

The LTC/USD 4-hour chart is bearish and inefficient as Litecoin has underperformed in recent weeks. The coin has recovered from the low of $74 created on Monday and could rally higher in the near term.

LTC/USD 4H Chart

At press time, LTC is trading at $85.2 per coin. The technical indicators have switched bullish on the 4-hour timeframe. The RSI of 53 shows that the bulls have regained control, and LTC is no longer in the bearish region. The MACD line has also switched bullish since Tuesday, indicating a bullish bias.

If the recovery continues, Litecoin could surge to the 0-day Exponential Moving Average (EMA) at $92.94. An extended rally would allow it to hit the 200-day EMA at $99.51. However, if Litecoin loses momentum, it could retest the November 4 and December 1 lows at $79.68 and $74.66, respectively.

The post Will Litecoin hit $95 amid rising retail demand? Check forecast appeared first on CoinJournal.

Veröffentlicht am

ENA price prediction as 21Shares launches new Ethena and Morpho ETPs

  • Ethena (ENA) price rises as 21Shares launches Ethena and Morpho ETPs in Europe.
  • Technical analysis shows improving short-term momentum for ENA.
  • USDe supply contraction, however, poses risks to Ethena’s ecosystem.

Ethena (ENA) continues to draw market interest as the crypto landscape shifts around new institutional products and changing stablecoin dynamics.

At press time, ENA had surged by about 15.96% in a day to trade near the $0.28 zone, outpacing the broader market’s 6.03% gain.

Notably, the price surge follows the launch of the 21shares Ethena ETP (EENA) and the 21shares Morpho ETP (MORPH), both of which are now listed on major European exchanges such as SIX Swiss Exchange and Euronext.

These listings offer regulated access to Ethena (ENA) and Morpho, expanding the potential investor base at a time when demand for transparent, exchange-traded crypto exposure continues to grow.

ETP listings fuel institutional interest

The introduction of the Ethena ETP and Morpho ETP marks a significant step for the ecosystem.

With support for both USD and EUR trading, the products lower barriers for European investors seeking exposure to ENA through familiar financial structures.

Similar ETP launches for other altcoins in the past have triggered waves of institutional inflows, and early signs point to rising attention toward Ethena as well.

Analysts see the move as a sign that Ethena’s infrastructure is maturing, particularly as 21Shares adds the token to its lineup of regulated crypto products.

Market participants are now watching ETP trading volumes to determine how strongly institutional buying may support ENA’s next leg.

Stablecoin contraction tempers enthusiasm

Despite the strong price action, Ethena faces challenges linked to its synthetic stablecoin, USDe.

The token has seen a sharp 24% supply contraction in November, with market cap dropping from $9.3 billion to $7.1 billion.

Much of the decline followed a brief depeg event in October, which prompted over $2 billion in redemptions even though the incident was attributed to a Binance oracle issue rather than a flaw in the protocol.

Competition from fiat-backed stablecoins intensified during the same period, with USDT, USDC, PYUSD, and RLUSD collectively adding billions in inflows, widening their dominance within the $311 billion stablecoin market.

And since USDe plays a central role in Ethena’s revenue-generating model, reduced supply and activity may weigh on long-term protocol fees, making it an important factor for ENA holders to monitor.

Ethena price forecast

The technical picture has turned more constructive over the past week.

ENA has broken above its 7-day simple moving average around $0.272, where momentum picked up following a bullish MACD crossover.

The RSI has also recovered from recent weakness, suggesting sellers have lost control in the short term.

Traders should, however, watch closely to see if ENA can close convincingly above $0.30, which aligns with a key Fibonacci retracement level.

A break above $0.30 could open the door toward $0.51 in the near term, according to CoinLore, although the token remains far below its all-time high, and the 200-day EMA near $0.47, which stands as a formidable resistance zone.

The post ENA price prediction as 21Shares launches new Ethena and Morpho ETPs appeared first on CoinJournal.