BTC, ETH, ZEC ETFs bleed outflows as XRP funds hold the…
Bitcoin ETFs shed $244M in a single session while a $1B liquidation wave pushed BTC back toward $82K, leaving XRP spot funds as the lone bright spot across the crypto ETF complex.
Zcash is a privacy-oriented cryptocurrency that operates on its own blockchain as a standalone Layer 1 network. It is widely recognized as the first protocol to implement zero-knowledge proofs for private peer-to-peer payments, allowing transactions to be validated without disclosing wallet balances, transferred amounts, or the identities of the participants. This approach addresses the transparency limitations found in most cryptocurrencies, where transaction details are recorded on a public ledger. The network supports both transparent public transactions and shielded private transactions through Unified Addresses, giving users flexibility over the level of confidentiality they require. Zcash currently relies on a Proof-of-Work consensus mechanism, with plans to transition toward Proof-of-Stake through a future upgrade. Its shielded pool leverages Halo, an advanced zero-knowledge proving system, to enable trustless verification of encrypted transfers. The protocol features a fixed supply cap of 21 million ZEC and a halving schedule modeled on Bitcoin's issuance design. Originating from a 2013 proposal by cryptographers known as Zerocoin, the project evolved into an independent blockchain maintained by a self-funded development ecosystem supported by community grants and coinholder-directed funding.
Bitcoin ETFs shed $244M in a single session while a $1B liquidation wave pushed BTC back toward $82K, leaving XRP spot funds as the lone bright spot across the crypto ETF complex.
The milestone highlights how SEC listing standards are widening the field while investor demand and issuer conviction shape which assets get ETF products.
AI can make old public blockchain records easier to link to real identities. Zcash’s rising shielded use puts selective financial privacy at the center of that debate.
A Nasdaq listing would add another route for investors seeking Zcash exposure as the proposed fund challenges Grayscale's position.
The distinction puts monetary privacy alongside decentralization as a core point of comparison between the two networks.
The S-1 registration is a step toward a potential regulated investment product, but it does not mean the SEC has approved the fund.
A proposed 0.25% fee and a nonbinding indication of up to $100 million in share purchases put institutional access and existing ZEC fund demand in focus.
The equipment is not yet commercially available, while Fortitude's refundable deposit would be funded through a larger DCG credit facility with borrowing in ZEC.
A break below the recent low near $83,000 would strengthen the bearish case, while easing Treasury yields have offered markets some relief.
The withdrawal puts a sizable ZEC balance outside Coinbase, but the wallet’s ownership and intent are unknown.
If adopted, the shorter target spacing would change Zcash’s block cadence; NU7 is still undergoing testnet evaluation.
Talos put altcoin open interest at a record 5.6% of market capitalization, but concentration alone cannot show whether positions are crowded or liquidation risk is contained.
NU7 also redirects 60% of transaction fees to a future mining-reward reserve and disables Sprout transactions, giving operators and affected holders changes to prepare for.
Softer U.S. jobs data and a falling Treasury yield lifted risk assets, but Bitcoin has now stalled twice below its late-September peak near $87,400.
The hire gives Zcash-focused advocacy a formal presence in Washington, where policy debates can shape the rules facing privacy-focused crypto projects.
The analyst sees room for further gains against larger altcoins but warns that a 30% to 40% pullback remains possible.
The theft pushes DPRK-linked crypto losses above $1B in 2026, while rapid cross-chain transfers show how quickly stolen funds can be dispersed.
September's rally carried into DeFi and scaling tokens, pointing to broader altcoin risk appetite rather than a run confined to one sector.
The vote directs several million dollars toward work on the critical vulnerability, alongside code audits and the Ironwood upgrade.
The move follows failed attempts to route more than $50M through NEAR Intents, underscoring how tighter screening can push stolen funds toward privacy tools and permissionless venues.
Zcash is a privacy-focused cryptocurrency that uses trustless zero-knowledge proofs to enable fully encrypted transactions while maintaining blockchain transparency and security.
Zcash (ZEC) launched on 2016-10-28.
Zcash (ZEC) is categorised as: Privacy Coins, Layer 1 (L1), Near Protocol Ecosystem.
The official Zcash site is https://z.cash/.
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