Zcash (ZEC) experienced a sharp 44% drop in 24 hours, falling to around $298. The crash was driven primarily by spot market selling rather than a leverage-induced cascade, as forced liquidations totaled about $118 million, relatively small for such a price drop. In contrast, Bitcoin and Ether saw smaller price declines but higher liquidation amounts. Traders rapidly opened new positions during the decline, with a notable increase in short interest. Meanwhile, ZEC futures open interest reached a record high, surpassing the previous peak from late May, indicating strong trader activity despite the price fall.
After predicting XRP's 700% surge, analyst DonAlt highlights a harsh crypto market repricing in June 2026, wiping out May's gains. The total crypto market cap fell over 15%, with XRP and Bitcoin dropping nearly 17% and 18%, respectively. DonAlt criti...
Bitcoin sentiment recently hit peak bullishness near its $78,000 high on May 22 and peak bearishness near its low on June 3, with price dropping about 20% to around $62,400. This inverse sentiment pattern suggests traders are most confident at highs ...
Cryptocurrency prices are fluctuating with Bitcoin holding steady around $62,475, while many altcoins experience declines. Ethereum dropped 3.54%, Cardano fell over 12%, and other tokens like ZEC and LAB saw significant losses. This mixed performance...
Cryptocurrency markets faced their worst week since July 2024, with Bitcoin dropping nearly 15% and Ether falling over 17%. Ether is nearing a critical support level of $1,420, risking a slide back to 2022 bear market prices if broken. The privacy co...
The XRPL Foundation revealed a new privacy amendment, XLS-0096, for the XRP Ledger, offering verifiable confidentiality to address privacy risks highlighted by Zcash's recent 46% price crash caused by a critical bug. This amendment uses advanced encr...
