ZEC Surges 17% After Emergency Fork Seals Flaw and Triggers $13M Short Squeeze

Key takeaways ZEC is still struggling under the $477-$500 zone.  Although momentum indicators show signs of stabilization, Zcash remains vulnerable to further downside as investors react to persistent macroeconomic uncertainty and rising rate-hike expectations.  Zcash (ZEC) remains under pressure on Thursday as bearish sentiment continued to dominate the cryptocurrency market. ZEC is facing mounting resistance […] The post Zcash dips 4% as broader crypto market remains bearish appeared first on CoinJournal.

A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE stake, worth about $13.55 million, for a $2.83 million profit, then rotated into a long position on Uniswap’s UNI. The Trade Lookonchain flagged the moves, reporting that Jin (who posts as Garrett Bullish) had offloaded all 184,102 of his HYPE […]

Other big names in the Ethereum ecosystem have also accumulated lately.

A geopolitical breakthrough between the U.S. and Iran has triggered a massive global market relief rally, headlined by bitcoin rebounding past $67,000 and a decline in crude oil prices. Diplomacy Defuses Strait of Hormuz Energy Crisis Bitcoin breached the $67,000 mark for the first time in nearly two weeks as global markets welcomed the announcement […]

The AI audit's positive outcome not only restored Zcash's market value but also reinforced trust in its cryptographic integrity. The post Zcash jumps 25% as Zooko confirms security audit by Anthropic AI found no serious bugs appeared first on Crypto Briefing.

Roughly $150 million worth of short positions were wiped out across the crypto market after the U.S. and Iran agreed to a peace deal, as bitcoin seeks to claim the $66,000 threshold. Short Squeeze Follows Geopolitical De-escalation About $150 million in short positions were liquidated following the U.S.-Iran peace agreement. The wipeout came as bitcoin […]

The other notable gainers over the past day include WLD, NEAR, and JUP.

The cryptocurrency market experienced a sharp wave of short liquidations after reports of a peace agreement between the United States and Iran boosted investor confidence across global financial markets. As traders scrambled to adapt to the abrupt change in attitude, about $150 million worth of negative cryptocurrency holdings were liquidated.