1. $ZEC around $1,300–$1,320 — price is stabilizing after a sharp weekly correction of about 20%.
CoinStats
2. ETF outflows: Grayscale’s Zcash ETF saw about $93.6M in weekly outflows, creating short-term selling pressure.
BeInCrypto
3. NU7 upgrade: Zcash released the first Network Upgrade 7 candidate; public testnet activation is expected around 6 October.
CoinStats
4. THORChain: A native ZEC liquidity pool went live, although native swaps were not yet live.
crypto.news
5. Trading view: Key support is around $1,300, then $1,250. Resistance is around $1,400–$1,425, with $1,500 a stronger resistance zone. #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules
CoinStats
2. ETF outflows: Grayscale’s Zcash ETF saw about $93.6M in weekly outflows, creating short-term selling pressure.
BeInCrypto
3. NU7 upgrade: Zcash released the first Network Upgrade 7 candidate; public testnet activation is expected around 6 October.
CoinStats
4. THORChain: A native ZEC liquidity pool went live, although native swaps were not yet live.
crypto.news
5. Trading view: Key support is around $1,300, then $1,250. Resistance is around $1,400–$1,425, with $1,500 a stronger resistance zone. #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules
