Zcash rises during broader crypto selloff
Zcash is rising despite a broader crypto selloff, extending its outperformance against Bitcoin.
- Trencher
- Quant
- Shiller
Zcash is rising despite a broader crypto selloff, extending its outperformance against Bitcoin.
A final Labor Department rule easing access to crypto and other alternative assets in 401(k) plans reached White House review on November 5. It still needs to clear review before publication; retirement accounts can already hold crypto ETFs.
Gnosis Pay disclosed a legacy card-system breach detected November 3, with users reporting exposed home addresses, card details and linked wallets. Funds and its enterprise platform were unaffected; online card payments now require extra verification.
Pump.fun's new Diamond algorithm allocates part of the daily callout rewards pool to higher-cap tokens and longer holds.
US spot Bitcoin ETFs recorded $416 million in net outflows through November 5, with roughly $26 billion in withdrawals offsetting $25.6 billion in inflows. Investors pulled another $430 million that day, including about $105 million from BlackRock’s IBIT.
Bitcoin traded near $76,000 with open interest back at its highest level of the year. Traders flagged large buy orders around $73,000-$75,000 ahead of the weekly close.
SOL reached its 200-day moving average near $90 after a 23% correction from October highs. Its daily RSI also reached its first oversold reading of the quarter.
Canary's staked Injective ETF began trading on Nasdaq under INJC. The fund plans to stake at least 90% of its INJ, with net staking rewards reflected in its net asset value.
HYPE is testing the $74–$77 zone that has acted as support and resistance for five months. Technical views remain mixed, with one trader seeing support hold and another watching for a head-and-shoulders neckline break.
Zcash activated NU7 on mainnet, cutting target block times from 75 to 25 seconds. The upgrade also reduces wallet scanning work for private ZEC payments.
CMC's Crypto Fear and Greed Index fell to its lowest level since July, extending the drop in crypto market sentiment.
Kalshi's COO said users traded more than $300 million in single-stock perpetuals on their first morning. The stock contracts could bring new traders into Bitcoin and Ether perpetuals.
Core Scientific plans to shut down Bitcoin mining by Q4 2026 and redirect its facilities toward computing contracts. Q3 self-mining revenue fell 79% year over year to $12.3 million, with a $7.5 million gross loss.
Eligible US users outside New York can now borrow USDC against PAXG on Base. Loans face liquidation at a 77% loan-to-value ratio.
Russia approved retail trading in Bitcoin, Ether and USDT, with a reported annual cap of $3,700 per intermediary. Public trading is slated for November 17, with Moscow Exchange and Sberbank targeting December 1.
Attackers reportedly reached Binance's signing service through a fake job interview, stealing roughly $6.4 billion across 11 chains. Rekt reports that about $2.85 billion was frozen or intercepted, though one delegation kept sweeping funds after withdrawals stopped.
Robinhood Chain's weekly fees fell from $30.8 million for the week of August 31 to $291,000 for the week of October 26. In Q3, it generated 66.8% of Uniswap's fees on 37.7% of its volume, with launch tokens trading in high-fee pools.
NEAR fell 9.2% over 24 hours and dropped out of the top 20 cryptocurrencies by market cap. Traders are watching $3.45 support and a possible retest of the weekly level and 200-week moving average near $3.
Eligible U.S. Galaxy users can buy, hold and send USDC on Solana through Samsung Wallet, with bank payouts available in over 60 countries. Bastion runs the custody service, with Coinbase holding the USDC as sub-custodian.
Wallets labeled as Trump Media's convertible-note collateral sent 4,259 BTC to Crypto.com in two batches. The company described similar earlier transfers as trading or custody management; these deposits do not establish a sale.
Ether faces resistance near $2,350, with traders watching support around $2,150. Three Hyperliquid longs worth $128.9 million have estimated liquidation levels between $2,126 and $2,147, though cross-margin changes could shift those levels.
TRUMP fell about 20% after Democrats won both chambers of Congress and prepared to investigate the Trump family's crypto ventures.
Bullshot raised more than $1.1 million for BULL through Mindo AI's KOLpad after 536 KOL applications. The fundraising model pairs capital with promotion from participating creators.
Aero, the merged Aerodrome and Velodrome exchange, plans to launch on Elysium when its mainnet opens November 9.
A whale inactive for more than a year withdrew 3,009 BTC worth roughly $228 million from Binance over about a day. The transfers alone do not establish when the Bitcoin was bought.