Zcash

Zcash has activated its NU7 upgrade on public testnet ahead of a planned mainnet rollout on Nov. 5. The change cuts the target block time from 75 seconds to 25 seconds while adjusting rewards, fees and legacy Sprout transaction support.

Wallets linked to Bitget’s $387.5 million hack moved 2,746 ZEC into Zcash’s Ironwood shielded pool in three transfers on Wednesday. The deposits represented about 15% of the ZEC stolen in the Sept. 24 breach and may make the funds harder to trace.

Gemini has replaced Zebra with Zakura for its Zcash systems, saying the newer software caught up with the network in just over six hours during deployments. The change comes as Zcash developers prepare the NU7 upgrade, which would cut block times from 75 seconds to 25 seconds.

Zcash developers have released Udon into Zakura Common, moving part of Project Tachyon’s proposed scaling upgrade into shared private-payment software. The work supports a long-term target of more than 50,000 private payments per second, though the upgrade still needs further development and security review before any activation.

Bitcoin recovered from Monday’s losses as decentralized finance tokens led a broader crypto advance, with Aave rallying on speculation around a potential token burn. The move came even as elevated Treasury yields weighed on U.S. equities and privacy tokens remained under pressure.

Zcash has cooled after a sharp rally, falling 6% in the past 24 hours while still holding a 200% gain this year. Strong shielded transaction usage and elevated futures interest keep the bullish case alive, but slowing ETF inflows and bearish momentum signals raise pullback risk.

Vitalik Buterin has outlined a 2030 vision for Ethereum that relies on cryptographic proofs and off-chain computation to expand capacity without forcing every network participant to repeat the same work. The direction would also deepen privacy for payments, balances and wallet activity, though major engineering hurdles remain.

Ethereum has cooled after reaching the $2,800 resistance area, but several market signals continue to support a bullish medium-term outlook. Positive ETF inflows, volume behavior and the MVRV Ratio are keeping attention on a potential move toward $3,400 and, later in the cycle, $4,000.

The attacker behind Bitget’s $387.5 million breach has moved about $83 million in stolen XRP from three holding wallets, while roughly $75 million remains in the original accounts. Bitget says its protection fund will cover the loss, customer balances are unaffected, and withdrawals are scheduled to resume in stages from Sept. 28 through Oct. 2.

A new Shielded Bitcoin design proposes private bitcoin-denominated transfers that could hide amounts, senders and recipients while leaving Bitcoin’s consensus rules untouched. The approach remains preliminary, with major questions around real BTC deposits, withdrawals, fees and cryptographic trust assumptions.

Bitcoin fell more than 2% to around $83,900 as rising Treasury yields intensified pressure on nonyielding and leveraged assets. Dogecoin led major-token losses, while XRP, Zcash and Hyperliquid also declined as macro stress returned to crypto markets.

Zcash led major cryptocurrencies with a 10% gain as bitcoin traded near $86,900 and several large tokens moved higher. Market sentiment improved after a U.S. House committee advanced a Strategic Bitcoin Reserve bill and regulators opened a path for onchain trading of tokenized U.S. stocks.

Dogecoin surged more than 15% to just above 10 cents, outpacing major tokens as Bitcoin steadied above $85,600. More than $1 billion in crypto positions were liquidated over the past day, including $844 million in bearish bets.

Zcash developers are aiming for a Nov. 5 activation of NU7, an upgrade that would reduce block times from 75 seconds to 25 seconds. The proposal would also temporarily set aside about 60% of transaction fees for future miner rewards beginning in February 2031.

U.S. spot ether exchange-traded funds recorded another day of withdrawals even as ether advanced, while XRP funds also slipped into outflows. Bitcoin funds attracted fresh capital, and Zcash led major tokens as risk assets rallied alongside stocks and bonds.

Crypto markets rallied after the Federal Reserve delivered its first interest-rate increase since July 2023, with bitcoin edging higher and zcash surging to a record high. The move has revived risk appetite, but market participants are watching whether bitcoin’s rebound repeats a short-lived 2022 relief rally before deeper losses.

Zcash led a broad crypto rebound, climbing 23% to about $1,369 as bitcoin traded near $76,258 and several major tokens advanced. The move followed the Federal Reserve’s quarter-point rate increase, which markets treated as largely expected and not necessarily the start of an aggressive tightening cycle.

Crypto markets pulled back after the CLARITY Act failed to advance in the US Senate, though selling pressure stopped short of a broader capitulation. Bitcoin formed a short-term downtrend while Zcash continued to outperform major traded tokens.

Zcash is outperforming a weaker crypto market, rising 7% in the past 24 hours as many major tokens fall after a failed Clarity Act vote in the United States. On-chain usage, rising shielded transactions and a bullish consolidation pattern are keeping $1,750 in play if ZEC confirms a breakout above $1,300.

Zcash holders overwhelmingly supported shorter block times, preserving the network’s bitcoin-style halving schedule and moving ahead quickly with the NU7 upgrade. Nearly 2.4 million ZEC participated in the privacy-preserving vote, representing roughly two-thirds of eligible tokens.

Bitcoin recovered from a drop near $77,600 and was little changed over the day as traders watched inflation data and the Federal Reserve’s Sept. 15-16 rate decision. Zcash drew the strongest attention after Grayscale’s newly listed ETF surpassed $500 million in assets and accumulated roughly 3% of circulating supply.

Bitcoin remained under $80,000 on Tuesday as major digital assets weakened amid higher Treasury yields and rising expectations for a Federal Reserve rate increase. Inflation data due Thursday and Friday could determine whether traders test Bitcoin’s $77,000 support zone.

Bitcoin’s bullish hard-asset case is gaining fresh attention as the U.S. primary budget deficit stands out among major advanced economies. Market participants are watching whether debt-driven yield pressure keeps supporting bitcoin and gold even as key labor data approaches.

Zcash rallied above $800 for the first time since 2018 as futures activity, social media comparisons to Bitcoin and Grayscale’s spot ETF effort intensified market attention. The move came with sharp volatility, heavy leverage signals and renewed focus on the privacy token’s Bitcoin inspired monetary design.