On September 6, 2026, the combined open interest in altcoin perpetual futures exceeded Bitcoin's for the first time since December 2024, driven by increased leveraged trading and a strong rally in Zcash. Zcash futures open interest rose to about $2.4 billion as the token surged above $1,000, supported by its new U.S. spot ETF and significant short liquidations. This shift indicates growing participation and leverage in altcoins but does not necessarily signal a permanent market leadership change, as Bitcoin remains the largest single crypto derivatives market. Investors should watch funding rates, spot volumes, and open interest trends to gauge market stability and potential liquidation risks.
Grayscale has filed with the SEC for a new Zcash ETF called the ZCSH High Income ETF, which aims to generate income every two weeks through options on Zcash exchange-traded products rather than holding Zcash tokens directly. The fund would use a synt...
Zcash (ZEC) experienced a 3.04% price decline within an hour, falling from $1,627 to $1,577 as long liquidations reached $1.94 million across Binance, Bybit, and OKX. Short liquidations were minimal at $20,000, indicating most liquidations were from ...
Zcash (ZEC) experienced a 2.01% price drop within an hour on September 27, falling from $1,650 to $1,617 on Binance's spot market. Despite this decline, ZEC remains up nearly 5% over the past 24 hours. During the same hour, long liquidations totaled ...
Quant (QNT) led gains among top altcoins with a brief 75% rise after being chosen for The Clearing House's On-Chain Money Initiative, pushing its price above $190 before settling near $160. Bitcoin (BTC) held steady above $83,000, moving toward $85,0...
Since its peak last October, Bitcoin has outperformed 41 of the 50 largest altcoins when comparing relative returns, highlighting its dominance in the market. Zcash showed the strongest performance among altcoins, delivering nearly 14.5 times Bitcoin...
