Crypto Briefing·
The ZEC withdrawal highlights investor confidence amid volatility, underscoring the potential for significant market shifts post-security scare. The post New wallet withdraws 37,316 ZEC worth $13M from Binance after protocol security scare appeared first on Crypto Briefing.
Read full articleThe Trump family's crypto venture highlights potential conflicts of interest and regulatory challenges in the evolving DeFi landscape. The post Trump family’s crypto venture is quietly minting money through Binance stablecoin deal appeared first on Crypto Briefing.
The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the largest cryptocurrency exchange for more than a week. Binance Bitcoin Inflows Signal Sell Pressure For 48 Consecutive Days In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Crazzyblockk, revealed an ongoing streak of Bitcoin selling on Binance, the world’s leading crypto exchange by trading volume. The relevant indicator referenced in the post was the “BTC Exchange Net Flow Indicator (IE-Adjusted, 7D MA)” metric. Related Reading: Are Institutions Crashing The Bitcoin Price On Purpose? Here’s What People Are Saying The on-chain metric tracks the 7-day average net amount of Bitcoin entering or leaving Binance, excluding internal wallet transfers. It, thus, indicates whether u
Two of the crypto market’s hottest recent rallies have fully unwound, with Near Protocol’s NEAR and the Worldcoin token WLD round-tripping to their pre-rally levels, even as Zcash’s ZEC rebounded roughly 18% in 24 hours following a near-50% crash. Zcash Whipsaws On an Orchard Pool Flaw The sharpest swing belonged to zcash given ZEC had […]
Zcash (ZEC) has faced fresh scrutiny after a patched Orchard Pool vulnerability sparked a dispute over whether the privacy coin’s users and investors still face hidden risks. Dragonfly partner Haseeb Qureshi said the market may be treating the bug as…
ZEC has also bounced off impressively following the FUD-induced dump yesterday.
Orchard bug disclosure forced a Zcash soft fork and NU6.2 hard fork within days, as ZEC slid ~30–40% and supply verification took center stage.
COS took the biggest blow, with its valuation nosediving by over 30%.
The price of Zcash cratered following the disclosure of a serious vulnerability for the privacy coin. Can ZEC make a comeback anytime soon?
