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Zcash News Today: Institutions Place Their Bets on Zcash’s Quantum Security While Bitcoin Falls Behind
Zcash News Today: Institutions Place Their Bets on Zcash’s Quantum Security While Bitcoin Falls Behind

- Zcash developers prioritize quantum-resistant upgrades via modular design, outpacing Bitcoin's slower response to post-quantum threats. - Electric Coin Company integrates NIST-standard algorithms like CRYSTALS-Dilithium, with quantum recoverability protocols nearing completion for 2025 deployment. - Institutional $18M ZEC purchase and 125% price surge highlight market confidence in Zcash's shielded pools and proactive quantum resilience strategy. - Bitcoin lacks concrete post-quantum roadmap despite Vita

Bitget-RWA·2025/11/23 16:02
Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana
Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana

- Sunrise, a new platform by Wormhole Labs, streamlines cross-chain token onboarding for Solana via unified gateway. - Launched alongside Monad’s MON token, it addresses Solana’s fragmented liquidity and complex integration challenges. - Using Wormhole’s NTT infrastructure, it ensures fungibility and enables immediate trading on Solana DEXs like Jupiter. - The platform aims to attract investors and expand to tokenized commodities and stocks, bridging traditional finance with blockchain.

Bitget-RWA·2025/11/23 16:02
Hyperliquid's Latest Market Boom: Exploring DeFi Usability and Growing Institutional Interest
Hyperliquid's Latest Market Boom: Exploring DeFi Usability and Growing Institutional Interest

- Hyperliquid's Q4 2025 user base surged 78% via HIP-3 fee cuts and institutional alignment, driven by deflationary tokenomics and high-leverage equity perpetuals. - The platform expanded DeFi accessibility by integrating Google/Amazon equities and testing BLP for on-chain lending, achieving $303B trading volume and $7.2B open interest. - A $1B Hyperliquid Strategies DAT and $888M merger with Paradigm-affiliated Rorschach signal institutional confidence, aiming to lock liquidity and align governance incent

Bitget-RWA·2025/11/23 16:02
PENGU USDT Sell Alert and What It Means for Stablecoin Holders
PENGU USDT Sell Alert and What It Means for Stablecoin Holders

- PENGU USDT's 2025 Q3 depegging triggered a 28.5% price drop and DeFi liquidations, exposing algorithmic stablecoin vulnerabilities. - Algorithmic models rely on high-yield incentives and opaque collateral, making them prone to liquidity crises and governance risks. - The crisis accelerated regulatory scrutiny (e.g., Canada's rules) and pushed investors toward diversified portfolios with transparent stablecoins. - On-chain monitoring and multi-signature controls are now critical for mitigating systemic ri

Bitget-RWA·2025/11/23 16:02
SHIB Gains 2.05% Over 24 Hours Despite Overall Market Downturn
SHIB Gains 2.05% Over 24 Hours Despite Overall Market Downturn

- SHIB rose 2.05% in 24 hours to $0.00000793 but fell 62.42% annually amid persistent bearish trends. - Analysts predict range-bound trading for SHIB due to weak on-chain activity and lack of project-specific catalysts. - As a meme-based token with limited utility, SHIB struggles to attract long-term investors despite high circulating supply. - Market participants remain cautious, with sustained selling pressure and minimal large-volume buying observed.

Bitget-RWA·2025/11/23 16:00
ALGO Rises 5.3% Following a Month-Long Decline During Market Fluctuations
ALGO Rises 5.3% Following a Month-Long Decline During Market Fluctuations

- Algorand's ALGO token rose 5.3% in 24 hours to $0.1427 but fell 19.39% over 30 days amid market volatility. - Short-term gains stem from retail investor buying and speculation, contrasting broader 57% YTD losses and weak market confidence. - Analysts highlight Algorand's long-term scalability potential but note adoption lags behind technological ambitions in competitive crypto markets. - Future performance depends on ecosystem progress and macroeconomic stability, with investors advised to remain cautiou

Bitget-RWA·2025/11/23 16:00
China’s Underground Bitcoin Mining Rebounds to 14% of Global Hashrate Despite Ban
China’s Underground Bitcoin Mining Rebounds to 14% of Global Hashrate Despite Ban

Underground mining activity in energy-rich Xinjiang drives the rebound as Beijing shows signs of softening its stance on digital assets.

Coinspeaker·2025/11/23 16:00
Revolut reaches $75 billion valuation following completion of latest share sale
Revolut reaches $75 billion valuation following completion of latest share sale

Quick Take Revolut has completed a share sale led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, taking its valuation to $75 billion. The valuation follows a period of improved financial performance and continued international expansion, including obtaining banking authorizations in Mexico and Colombia.

The Block·2025/11/23 16:00
Thailand's Bitkub crypto exchange mulls Hong Kong IPO: Bloomberg
Thailand's Bitkub crypto exchange mulls Hong Kong IPO: Bloomberg

Quick Take Bitkub, the largest crypto exchange in Thailand, is considering going public in Hong Kong, according to Bloomberg. The IPO could take place as early as next year, with the company aiming to raise $200 million, the report said.

The Block·2025/11/23 16:00
JPMorgan Chase closes Strike CEO Jack Mallers' accounts, spurring crypto debanking concerns
JPMorgan Chase closes Strike CEO Jack Mallers' accounts, spurring crypto debanking concerns

Quick Take Strike CEO Jack Mallers said JPMorgan Chase closed his accounts without warning, citing concerning activities on his accounts. Maller’s news prompted scrutiny on whether the alleged Biden-era “Operation Chokepoint 2.0” is still at large.

The Block·2025/11/23 16:00
Flash
10:19
Polymarket predicts a 36% probability on the event "Bitcoin drops to $55,000 in June."
BlockBeats News, June 10th, as Bitcoin briefly dropped below $61,000, the prediction on Polymarket for "Bitcoin dropping to $55,000 in June" had a 36% probability (4% on June 2nd). Furthermore, the probability of dropping to $50,000 was 16%, and the probability of rising to $65,000 was 57%.
10:00
"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million
BlockBeats News, June 10th, according to Onchain Lens monitoring, as the market declined, "Big Brother Whale" Huang Li Cheng's 25x ETH long position was partially liquidated again. He also closed most of his position, and is currently facing a loss of approximately $35 million.
09:55
Tonight, ahead of the CPI data release, the probability of a Fed interest rate hike this year is 68.8%.
BlockBeats News, June 10th, according to CME's "FedWatch" data, the probability of a Fed rate hike within the year is 68.8% tonight before the announcement of the May CPI data in the United States. The probabilities are as follows: 43.1% for a cumulative 25 basis point hike, 21.2% for a cumulative 50 basis point hike, 4.2% for a cumulative 75 basis point hike, and 0.3% for a cumulative 100 basis point hike. The U.S. Bureau of Labor Statistics will announce the May CPI data tonight at 20:30. The market generally expects the May CPI to rise by 0.5% month-over-month, with a year-over-year growth rate of 4.2%. If this expectation is met, it will be the first time the U.S. CPI has returned to above 4% since May 2023, reaching the highest level since April 2023. As for the core CPI, the market expects a 0.3% month-over-month increase in May, with a year-over-year growth rate of 2.9%.
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