Zcash Rally Gains Steam, Can ZEC’s 4.5M Shielded Supply Push It Back Into the Top 20?

Zcash (ZEC) is stealing the spotlight once again. The privacy-focused asset has surged more than 50% in the past week, climbing above $350 and fueling talk of a potential return to the top 20 digital assets by market capitalization. Related Reading: Bitcoin Technical Setup Shows Short-Term Pullback May Fuel Long-Term Upside Behind this rally lies a mix of technical strength, institutional catalysts, and renewed global demand for digital privacy. ZEC’s price trends to the upside with recent small losses on the daily chart. Source: ZECUSD on Tradingview Zcash’s Shielded Supply…

Bitcoin Cycle Top Still Not In, Suggests NVT Golden Cross

On-chain data shows the Bitcoin NVT Golden Cross has still not breached into the territory that marked the tops of previous cycles. 30-Day EMA Of Bitcoin NVT Golden Cross Is Still Below Overheated Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin NVT Golden Cross is yet to hit an extreme level in the current cycle. The Network Value to Transactions (NVT) Ratio is an on-chain indicator that measures the ratio between BTC’s market cap and transaction volume. When the value of this metric is…

BTC, ETH ETFs See $477M Inflows as Liquidations Top $650M

Key Notes BTC ETFs recorded $477 million in net inflows. The market volatility brought over $650 million in liquidations. The Bitcoin volatility index rose above 95%, according to a CryptoQuant analyst. The cryptocurrency market witnessed a sharp bullish momentum on Tuesday, Oct. 21, with strong institutional interest pushing the leading assets upward. US-based spot Bitcoin BTC $108 269 24h volatility: 0.5% Market cap: $2.16 T Vol. 24h: $108.70 B exchange-traded funds recorded a net inflow of $477.2 million, led by IBIT and ARKB’s $210.9 million and $162.9 million inflows, according…

Crypto market liquidations top $600M as BTC, ETH, BNB slide

The crypto market is facing renewed turbulence as earlier gains quickly faded, leaving traders on edge. Summary Bitcoin rose above $113,000 before pulling back later in the day. Liquidations hit $662 million as traders exited leveraged positions. Market sentiment fell to “extreme fear” with a Fear & Greed Index score of 25. The cryptocurrency market staged a brief recovery on Oct. 21, with Bitcoin climbing past $113,000, Ethereum reclaiming $4,000, and BNB rising above $1,100 before momentum faded. By early morning Oct. 22, the market had retraced, giving up most…

Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Japan’s Top Banks Unite for Stablecoin Launch

Key Notes Japan’s top three banks will jointly issue yen- and dollar-pegged stablecoins. The move aims to create a unified structure for stablecoin transactions. Sony Bank seeks a US license to launch a dollar-backed stablecoin. Japan’s biggest banks are joining forces to bring stablecoins into the country’s financial mainstream. According to Nikkei, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will jointly issue digital currencies pegged to the yen and eventually, the US dollar. A Unified Digital Payment System The three banking giants plan to create…

Crypto Liquidations Top $1.2 Billion, Is the Worst Over?

Key Notes CoinGlass data shows that 308,750 traders were liquidated in the crypto industry. Their liquidations ran to the tune of $1.20 billion, with long traders affected the most. Bitcoin price is fast heading towards $100,000 amid cascading selloffs. Over the last 24 hours, 308,750 traders were liquidated in the crypto industry and the total liquidations within this time came in at $1.20 billion. These large liquidations are becoming a trend in the market. At this point, investors and traders are beginning to question the safety of their crypto investments.…