Key points BTC is trading above $103,000, up about 1.5% in the past 24 hours. The coin may face renewed volatility amid weakening institutional demand. Bitcoin reclaims $103,000 Over the past several hours, Bitcoin has been trading around $103,000 after bouncing off the $100,000 support level on Wednesday. The short-term recovery is clouded by weakening … Read more

Key Conclusions DTX Exchange is preparing to join numerous other layer-1 protocols within the Web3 ecosystem. The project raised nearly $1.5 million in its presale and will use the funds to roll out multiple products, including a wallet. What is DTX Exchange? DTX is a new layer-1 protocol being introduced to the cryptocurrency exchange space. … Read more

Local banks will offer custody, transfers, and crypto-to-fiat exchange services. The bolívar’s steep depreciation has driven increased stablecoin adoption. Conexus currently processes nearly 40% of Venezuela’s electronic payments. Venezuela is preparing to merge its struggling traditional banking system with digital currencies as payments giant Conexus plans to integrate Bitcoin and stablecoins into the national banking … Read more

Bitcoin Cash continues to outpace its counterpart in daily gains. As the market shows early signs of stabilization, many are asking why Bitcoin has not seen the sharper rise some expected. Is a new dawn breaking for Bitcoin Cash? This morning, the vast majority of cryptocurrencies in CoinMarketCap’s Top 100 have recorded upward movements, sparking … Read more

Blockchain analytics firm Nansen released a comprehensive research report yesterday on the emerging EVM-compatible layer-1 platform Avalanche. The Avalanche ecosystem aims to address Ethereum’s scalability challenges by offering sub-second transaction finality, a distinctive consensus upgrade, and high transaction throughput to deliver more cost-effective products. Major Ethereum projects such as Aave and Curve have already migrated … Read more

CoinDCX CEO Sumit Gupta said the crypto exchange will use the funds to support cryptocurrency adoption and Web3 projects in India. CoinDCX, one of the largest cryptocurrency exchanges, announced a $135 million Series D funding round, according to details shared by the company’s CEO, Sumit Gupta. “We are pleased to share that CoinDCX has raised … Read more

In recent years Portugal has become a safe haven for crypto investors. Many moved there during the pandemic as cryptocurrencies reached new highs, and now that stability is being shaken. As part of its 2023 state budget, the Portuguese government has proposed a new tax policy for cryptocurrencies. The 450-page document, which covers all tax … Read more

AVA price surged sharply on Wednesday as travel demand picked up. The Travala token climbed to a high of $1.2400, its strongest level since August 1. That peak represented roughly an 81% increase from this month’s low and pushed AVA’s market capitalization above $50 million. Ongoing travel demand Travala.com is a relatively small but fast-growing … Read more

Bitcoin price has fallen to a low of $110,956 as Friday’s gains evaporate. The decline has accelerated amid a BTC sell-off and a drop in dominance. Analysts warn Bitcoin could extend losses below $110,000 amid the broader pullback. Bitcoin’s slide that followed the brief surge after Federal Reserve Chair Jerome Powell’s Jackson Hole remarks on … Read more

The crypto industry is full of new and exciting projects. Some are recent, others have been around longer, but they all present opportunities to profit with the right timing. That’s why maintaining an active watchlist of crypto assets is essential. Below are practical tips to help you build an effective watchlist: Focus on coins that … Read more