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Zcash Price Slides 23% as Grayscale ETF Hits Reverse

ZEC’s price has taken a beating after September’s blistering run, tumbling roughly 23% from its Sept. 27 peak of $1,697. The zcash market decline arrived alongside a sharp reversal in Grayscale’s zcash ETF, where aroud $93 million exited during its first negative week. Futures leverage has also been wrung out, leaving ZEC near $1,335 and […] from Bitcoin News https://ift.tt/bRsVFZd
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SEC Approves Listing of Bitcoin ETF Targeting 3x Daily Futures Moves

A bitcoin fund targeting three times its futures benchmark’s daily performance has secured SEC listing approval. The ruling covers a broader commodity lineup and preserves exchange oversight and brokerage obligations as the sponsor pursues market access. Bitcoin’s Daily Futures Moves Get a 3x Target Investors could gain amplified exposure to bitcoin futures through a newly […] from Bitcoin News https://ift.tt/gEId53Z
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Porsche Closes NFT Club After $20 Million Digital 911 Experiment

Porsche has pulled the plug on its Web3 project and PIONEERS CIRCLE, nearly four years after unveiling a 7,500-piece NFT collection built around the 911. The exit comes with a peculiar wrinkle. Holders keep their PORSCHE 911 NFTs onchain, but the Discord community becomes an archive and the project’s X account goes dark. A collection […] from Bitcoin News https://ift.tt/lAw9mzH
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Bitcoin Price at $85K as Bettors Eye $100K, ChatGPT Calls $94K

Bitcoin’s price spent Saturday trapped close to $85,000 after Friday’s charge above $87,000 collapsed, but the forecasts surrounding it were anything but quiet. Polymarket traders give bitcoin a 39% chance of touching $100,000 before 2027, Kalshi’s year-end forecast stands at $86,240, Claude Opus 5.5 predicts $91,500, and ChatGPT-6 Astra goes higher at $94,000. Bitcoin’s price […] from Bitcoin News https://ift.tt/carMTsS
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Russia Pays Wages in Digital Rubles and Readies ATM Cashouts

The Ministry of Finance announced it is already allowing its employees to receive wages in digital rubles, using accounts opened on the Bank of Russia platform. Anatoly Aksakov, head of the State Duma Committee on the Financial Market, also hinted that ATMs will process digital ruble withdrawals next year. Ministry of Finance Pays Wages in […] from Bitcoin News https://ift.tt/KJGO1D4
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Analyst Sees Bitcoin Path to $97K as Weak Jobs Data Shift Fed Odds

Bitcoin’s recovery is drawing support from softer employment figures and renewed investment demand, according to 21shares. The firm’s strategist views reduced expectations for further monetary tightening as favorable for cryptocurrencies heading into the final quarter. Softer Jobs Data Put Bitcoin’s $87K Barrier in Focus Bitcoin broke through $85,000-$86,000 overnight and was testing $87,000 on Oct. […] from Bitcoin News https://ift.tt/UFuseah
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Microsoft’s X Account Hijacked to Promote Clippy Meme Coin

Does Clippy have a meme coin? No, but followers of Microsoft’s X account might have thought so on Thursday when the tech giant’s access was hijacked to promote an unauthorized crypto token.   On Thursday, Microsoft’s official X account began making surprising moves, including following an account promoting an unofficial meme coin inspired by the […] from Bitcoin News https://ift.tt/5IRExfq
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