Cryptocurrency

European asset manager 21shares has launched the region’s first exchange-traded product tied to Zcash, extending the privacy coin’s reach into regulated markets following its strong performance over the past year.On Tuesday, 21shares listed its physically backed Zcash ETP on...

Key TakeawaysBitcoin reached $86K, where it is estimated that 1.07M BTC of long-term holder supply is concentrated.ETF investors above breakeven could add selling pressure as bitcoin tests a major institutional cost basis.A clean break above $86K could turn heavy...

TL;DRCoincheck Group disclosed that Executive Chairperson Takashi Oyagi resigned effective September 21. The company said the resignation was for personal reasons. The filing supports a leadership-transition story, not speculation about enforcement or financial distress.Coincheck Group has confirmed a change at the...

Ben Nadareski, CEO of Solana-based decentralized finance platform Solstice, said crypto markets are unlikely to return to the extreme boom-and-bust cycles as deeper liquidity brings stability to digital assets.Speaking on Cointelegraph’s Chain Reaction show, Nadareski said liquidity across major...

TL;DRShredPay has joined the Jack Henry Fintech Integration Network. The integration can connect ShredPay’s stablecoin and digital-asset services with Jack Henry institutions through jXchange and SymXchange APIs. Jack Henry serves about 7,400 banks and credit unions combined.ShredPay has joined Jack Henry’s...

With the new rally, the next psychological level is $90,000.Nansen’s Sondergaard pointed to $87,000 as the next level to watch, followed by the psychological $90,000 mark and then roughly $92,000. Meanwhile, Jasper De Maere, OTC Trader at Wintermute, also...

Saudi Arabia has withdrawn from mBridge, a China-backed cross-border digital currency project designed to enable direct transactions between central banks, according to the Financial Times.SAMA, Saudi Arabia’s central bank, joined mBridge as a full participant in June 2024 and...

Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash. Source link