Barry Silbert, founder of Digital Currency Group, renewed his prediction that Zcash (ZEC) should reach at least 1% of Bitcoin's market capitalization. Currently, Zcash's market cap is about 0.74% of Bitcoin's, valued near $9.91 billion, needing a 35.55% increase to hit the 1% target of $13.43 billion. This growth is supported by the U.S. SEC closing its investigation into Zcash without charges, removing its 'high-risk' label, and by rising institutional investments through Grayscale's Zcash Trust. These factors suggest strong potential for Zcash to follow a growth path similar to Bitcoin's early years.
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
LAB token jumped 20.64% to $15.08, reaching a $4.79 billion market cap, driven by platform updates. Other altcoins like Worldcoin, Venice Token, and Pump.fun also saw gains, reflecting growing interest in decentralized applications and DeFi. Meanwhil...
Nearly $404 million in leveraged crypto positions were liquidated in 24 hours, mostly from short sellers as Bitcoin and Ethereum prices rose modestly. About 72% of liquidations were shorts, indicating a short squeeze that forced bearish traders out. ...
The upcoming Ironwood hard fork of Zcash will be supported by Keystone hardware wallets from launch, following a critical security fix in the Orchard pool that prevented counterfeit ZEC creation. Keystone's firmware update and Nexus app improvements ...
A new decentralized exchange app launched on Solana offers advanced order-matching and streamlined liquidity pools, enabling traders to execute complex strategies more efficiently. The app reduces friction in cross-protocol interactions, allowing use...
