Zcash

XRP remains well below its January 2018 record even as bitcoin, ether and several other major tokens have moved beyond their old cycle highs. Market participants point to supply expansion, weaker fund inflows, reduced activity, Ripple’s payments focus and years of regulatory uncertainty as key reasons for the gap.

Nearly $483 million in bitcoin and ether futures positions were liquidated over 24 hours as uncertainty around the Federal Reserve’s next interest-rate decision pressured digital assets. Ether traders took the heaviest hit, with about $286 million in liquidations as the token fell more than 6 percent.

XRP moved near session lows around $1.36 after September U.S. inflation came in hotter than expected, prompting a sharp repricing of Federal Reserve rate-hike odds. Technical traders are watching $1.32 as the key near-term support, with $1.25 emerging as a deeper downside target if selling pressure accelerates.

Bitcoin rose to just under $83,900 after New York Fed President John Williams said he saw no need for further rate increases in 2027, helping weaken the dollar and lift risk assets. ZEC led major tokens with a near 7 percent gain, while traders turned attention to Thursday’s U.S. inflation report as the next major test for crypto momentum.

Zcash has pulled back after a powerful rally, with selling pressure building near the $1,300 to $1,350 area and trading volume rising sharply. Market participants are now watching the NU7 upgrade decision on October 20 as a potential catalyst for another move toward $1,650.

Zcash developers are aiming to add quantum-resistant, hash-based signature support in January, with the first phase focused on transparent transactions. The move follows heightened concern over AI-assisted cryptographic risks, though no practical wallet-key attack has been demonstrated.

AI-driven data analysis is intensifying concerns over public blockchain surveillance, where transaction histories remain visible indefinitely. Zcash is gaining renewed attention because its shielded transactions allow selective disclosure while hiding sender, recipient and amount data from the public ledger.

Zcash has retreated from its late September peak, with technical traders watching whether the correction extends toward key Fibonacci and moving average support. Bearish continuation patterns now place the $1,136 area and the broader $950 to $1,000 zone in focus if selling pressure builds.

Zcash advanced after the NU7 upgrade entered testnet, a step designed to cut settlement times from around 75 seconds to 25 seconds once deployed on mainnet. ZEC has bounced from the $1,300 area, while traders weigh a possible retest of $1,450 against ETF outflows and broader crypto sentiment.

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.