Markets

Zcash Extends October Rally: What’s Driving the Surge?

In brief Zcash has surged over 140% in two weeks, hitting its highest level since 2021. Nearly $2 million in short positions were liquidated as the token climbed to $170. Analysts cite Grayscale access and endorsements from Naval Ravikant as key drivers. The token belonging to privacy blockchain Zcash has more than tripled in value…

Business

Gemini Expands Australia Push as New Crypto Rules Loom

In brief Gemini users in Australia can now trade directly in AUD through local banking integrations following its official registration with the country’s anti-money laundering watchdog. The move coincides with draft legislation that would bring crypto exchanges under the Corporations Act. Gemini has appointed James Logan as Head of Australia to lead local strategy and…

Coins

Why Is BNB So Resilient Amid the Crypto Market Pullback?

In brief BNB traded 0.8% higher while Ethereum and XRP posted losses, with analysts crediting its ecosystem utility and token-burning mechanisms for resilience. Former Binance CEO CZ’s YZi Labs announced a $1 billion fund for BNB Chain developers, boosting investor confidence in the token’s long-term prospects. BNB sits just 2% below its all-time high, having…

Markets

Why Altcoins Are Dragging Their Feet as Bitcoin, Ethereum Soar

In brief Market breadth has weakened as capital concentrates in high-liquidity, high-certainty assets like Bitcoin and Ethereum. Experts cite institutional ETF flows and a loss of patience with purely narrative-driven altcoins. Any future altcoin rally is expected to be highly selective, favoring tokens with real-world utility. Bitcoin and Ethereum continue to capture investor interest, while…

Markets

Crypto’s Retail Era Is Over: Institutions Now Set the Market’s Pace, Experts Say

Institutional capital is increasingly steering the direction of the crypto market, executives from Bitwise Asset Management and Aspen Digital told Decrypt in separate interviews during the Token2049 conference in Singapore last week. Hong Kim, Chief Technology Officer and co-founder of Bitwise, said the investor base for Bitcoin has shifted from retail traders to long-term allocators. “The first…

Markets

Bitcoin Cools but Analysts Remain Upbeat. Why?

In brief Bitcoin hit a new all-time high on Monday; gold broke records on Tuesday. BTC was down over 3% a day after setting its latest record, while other major cryptos were largely in the red. Analysts think both gold and Bitcoin still have room to increase. After setting record highs over the past two…