Bitcoin ETFs Lose $138M; Zcash Extends Inflows
$BTC ETFs lost $137.94M Friday after early-week inflows topped $1B; $ETH ETFs gained $4.35M, while $ZEC funds drew $20.52M for a third straight day. #Update #Crypto $BTC
Focuses on cryptocurrencies designed to provide privacy and anonymity for transactions, including technical developments and market movements.
$BTC ETFs lost $137.94M Friday after early-week inflows topped $1B; $ETH ETFs gained $4.35M, while $ZEC funds drew $20.52M for a third straight day. #Update #Crypto $BTC
@Zcash-linked fund ZCSH drew $15.2 million on October 21, its strongest inflow in the displayed period, according to @FarsideInvestors. Earlier withdrawals still outweigh recent gains. #Update #FundFlows
@ZcashFoundation merged Zebra sync fixes ahead of the stable NU7 release, but operators must wait for a published version to deploy them. #Update #Protocol
$BTC hit a one-week high as Asian tech stocks rebounded. @Zcash extended gains after setting an upgrade date, while @SpaceX and @Tesla formed committees to explore a merger. #Update #Crypto $BTC
$ZEC rose 12% in 24 hours after @Zcash developers agreed on the NU7 mainnet activation block. The upgrade aims to cut block times, but specifications remain unfinished. #Update #Crypto $ZEC
$XMR futures open interest tops $300 million as its price rises above $600, signaling increased leverage and volatility risk. #Update #Crypto $XMR
@Zcash developers confirm a November target for the NU7 upgrade, which will cut block times from 75 to 25 seconds. The activation height still needs to be finalized. #Update #Crypto
$ZEC rose 8.5% to $1,215.85, leading a crypto rebound as $BTC climbed above $83,000 and total market value reached $2.78 trillion. #Update #Crypto $ZEC
@Zakura proposes a separate viewing key for each $ZEC swap through @NEARProtocol Intents, limiting future quantum-related payment linking without changing users’ spending keys. #Update #Privacy $ZEC
@Zakura developers plan a new key for each $ZEC swap through @NEARProtocol Intents, so refund addresses on the public chain cannot reveal a user’s wider payment history. #Update #Privacy $ZEC
@Gemini co-founder Tyler Winklevoss says $ZEC adoption remains early, while on-chain analysts report hackers using its privacy features to shield stolen funds. #Update #Crypto $ZEC
Zakura plans to implement post-quantum signature opcodes in Zcash by January, enhancing security for transparent payments with hash-based signatures. #Update #Crypto
Winklevoss Asset Services filed an S-1 with the SEC for a Zcash ETF, aiming to list on Nasdaq under ticker WINK, with Winklevoss Capital showing interest in $100M shares. #Update #ETF $ZEC
Zcash’s shielded transactions surged, with 4.9M $ZEC in the shielded pool as privacy features gain traction. Grayscale launched a $ZEC product, attracting nearly $1B in assets. #Update #Crypto $ZEC