For the first time since December 2024, the total open interest in altcoin perpetual futures has exceeded that of Bitcoin, indicating a shift in trader positioning. This crossover often precedes increased market volatility and liquidation events, as leveraged exposure reaches fragile levels relative to market capitalization. Notably, altcoin market cap outside the top ten has grown over 10% since early September, with ZEC's open interest hitting a record $2.4 billion. Investors should watch if the open interest to market cap ratio rises further, which could trigger sharp corrections similar to those seen after the last crossover in 2024.
Arthur Hayes, founder of BitMEX, expressed skepticism about the investment potential of Hyperliquid's HYPE token due to increasing competition among decentralized perpetual futures platforms. While he acknowledges strong demand for Hyperliquid's trad...
Zcash (ZEC) experienced a 2.13% price decline within one hour, dropping from $1,255 to $1,228 as of 3:15 p.m. ET on October 23. Despite this short-term drop, the cryptocurrency showed a positive 1.22% price change over the past 24 hours. During the h...
Zcash (ZEC) fell 7.34% on October 22, retreating from a recent peak above $1,300 to around $1,225. The price drop refocuses attention on the $1,200 support level, which is critical for maintaining the recent recovery. Futures contracts for ZEC also d...
On October 22, U.S. spot ETFs linked to Zcash (ZEC) and NEAR recorded combined net inflows of $14.7439 million, with Zcash ETFs contributing the majority at $14.2308 million. NEAR ETFs added $513,100 to the total. Cumulative net inflows for Zcash spo...
On October 23, 2026, Zcash (ZEC) traded at $1,227.79, down 0.81% over the past 24 hours and about 5.6% below the $1,300 mark. The price was $72.21 lower than $1,300 at the time of reporting. This decline indicates a slight downward trend in ZEC's val...
