Why Did Zcash Surge Above $800? Zcash surged past $800 for the first time since 2018 on Saturday, with heavy derivatives activity and Grayscale’s latest spot ETF filing adding fuel to a rally that pushed the privacy-focused cryptocurrency up about 38%.ZEC traded between roughly $589 and $851 over a 24-hour period, a swing of about
Day trading is the most demanding way to use an exchange, because when you open and close dozens of positions a week, small weaknesses become expensive fast. A fee that looks trivial on one trade compounds across hundreds, a matching engine that lags by a fraction of a second costs you the fill you wanted,
Why Are Strategy Shares Rising Again? Strategy shares climbed to their highest level in two months on Friday as bitcoin briefly traded as high as $79,400, restoring some of the market value lost during the recent cryptocurrency selloff.MSTR gained 7.5% to trade above $120 in early trading. The rally came even though Strategy has not
Why Is Trading Activity Surging On Upbit? Trading activity on South Korea’s largest cryptocurrency exchanges has rebounded sharply as Bitcoin’s latest rally draws retail investors back toward digital assets after months of weak market participation.Upbit processed about $1.84 billion in cryptocurrency transactions over the past 24 hours, a 273% increase and its highest daily trading
Why Did Tether Choose Uruguay For Bitcoin Mining? Tether’s attempt to build a major Bitcoin mining operation in Uruguay ended with both planned sites abandoned after a dispute over electricity supply, showing how quickly the economics of industrial crypto mining can break down when access to cheap and reliable power changes.The stablecoin issuer announced its
What Is Shinhan Building With Solana? Shinhan Asset Management has signed a four-party memorandum of understanding with the Solana Foundation, Etherfuse and Orca to test the issuance and distribution of a Korean won-denominated tokenized investment fund.The South Korean asset manager, which oversees roughly 133.6 trillion won ($96.6 billion), said the partners will conduct a proof-of-concept
The $2.75 billion figure taken from CoinGlass liquidation data after the August 19 rally counted short positions across the crypto market, not Bitcoin alone. Bitcoin contributed about $1.6 billion to $1.7 billion, as the corrected FinanceFeeds report from August 20 now states. The distinction matters because a market-wide liquidation total and an asset-level total answer
Six major XRP Ledger amendments introduced with the network’s xrpld 3.3.0 software release have reached the end of their initial two-week validator voting window, putting a package of privacy, payments and tokenization upgrades closer to potential Mainnet activation.The amendments were introduced when XRP Ledger developers released xrpld 3.3.0 on August 6. They include BatchV1_1, ConfidentialTransfer,
U.S. regulators are prepared to advance cryptocurrency market-structure rules even if Congress fails to pass the CLARITY Act, according to Commodity Futures Trading Commission Chairman Michael Selig, signaling that Washington’s regulatory overhaul is no longer entirely dependent on legislation. Speaking Thursday, August 20, at the inaugural meeting of the CFTC’s Innovation Advisory Committee in Washington,
Solana is preparing to cut blockchain finality from approximately 12.8 seconds to around 150 milliseconds through Alpenglow, a major consensus overhaul expected to reach mainnet with the Agave 4.3 validator release in October.The change would reduce the time required for transactions to achieve cryptographic finality by approximately 98.8%, or roughly 85 times, compared with the