Tag: Altcoins

ZEC traded above $1,000 on Sept. 4 for the first time since its 2016 listing spike, with an intraday high near $1,023–$1,046. Grayscale’s ZCSH ETF held $463.2 million in non-GAAP assets and 444,608 ZEC as of Sept. 4, after listing on NYSE Arca on Aug. 25. About $34.5 million of short positions were liquidated as 24-hour volume hit roughly $1.2 billion. Bitwise CIO Matt Hougan named Zcash as the privacy allocation among three multi-year crypto...

Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%. The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin. The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029. A companion fee-burn proposal failed; a Solana Constitution proposal passed. Kraken and...