One of the best-performing crypto assets of the past 24 hours has been Zcash (ZEC). According to data from Trading View, the cryptocurrency has gained 12% over the past day’s trading session, outperforming Bitcoin’s 4% gains and Ethereum’s 2.5% gains.
The Zcash Foundation, a public charity devoted to privacy protocol Zcash, will elect new members to its Community Advisory Panel (CAP) to ensure a better community-driven process for the deployment of over 420,000 ZEC ($36 million at press time), according to a release.
During a Zcash community challenge, one user, Brian Deep, was able to trace a ZEC transaction from another user, MoneyKnowledge0, back to its source in less than three days. The event revealed critical misunderstandings among users and the privacy of the network.
Bitcoin recently surged to $12,000 per coin, after which its price got rejected back to lower $11,000s. For a short time, it appeared as the price would settle there, but earlier today, it started surging again.
Following a series of technological updates dedicated to user privacy and blockchain scalability, ZCash devs have opened a source code for Halo 2, a one-of-a-kind proof composition. It was prepared in coordination with Ethereum Foundation and supported by a special grant.
Electric Coin Company released the implementation of Halo 2 under the TGPPL, a new type of open-source license. They have to state that the intent is to allow a limited-time period where creators can make money from their software while ensuring that the software will be subsequently open-sourced in order to serve everyone equally.
On-chain statistics show a rise in transactions per day and active addresses over the past few weeks. However, even with the integration of Sapling, shielded addresses are only being utilized by less than 20% of transactions.
The Zcash source code will soon be updated to a more efficient version of the underlying recursive proof composition, the basis of this privacy-focused project. According to a blog announcement by its parent company, Electric Coin Co. (ECC), they have since opened the source code of the latest product ‘Halo 2’ set for integration with Zcash (ZEC).
Some of the community members felt that Bitcoin Cash is primed for a massive pump. They also thanked Roger Ver for creating the FOMO. Some of them expressed that this was a cool marketing campaign from Roger Ver and stated that Roger Ver has always been a brilliant marketer.
Binance Launchpool, the new DeFi initiative by crypto exchange Binance, announced its third project named Flaming (FLM). The announcement states that staring September 27, Binance Launchpool will allow users to farm (earn) FLM tokens.
IOTA Community Technical Feedback results show 69% who have stated that the experience using Hornet is very good; 70% have heard about Chrysalis; 75% stated IOTA concept is logical and understandable; 79% plan to run their own IOTA node.
According to its current statement, Bitribe has actually included assistance for Bitcoin SV versus 2 other cryptocurrencies– Bitcoin (BTC) itself, and Tether (USDT). With the listing, BSV has actually gotten significant direct exposure, as Bitribe itself services over a million users in the Asian area.
Fueled by what its developer calls a “smart” gameplay that enables players to earn litecoin (LTC) tokens, Litecoin game LiteBringer has led to a spike in transactions carried out with the use of the major cryptocurrency over the past days.
Bitcoin SV is still one of the biggest cryptocurrencies globally, currently ranked 11th by market capitalization and ignoring the criticism from the community. Several major exchanges, including Binance, delisted BSV back in 2019; however, the digital currency has remained strong.
Litecoin (LTC) transaction count has risen 15X following the launch of the LiteBringer–a decentralized, “idle” RPG PC-based fantasy game, on Sep 15. By Sep 22, there were over 139,000 transactions posted, up from 31k registered on Sep 13.
The Tezos (XTZ) price has been decreasing rapidly since Aug. 13 and has broken down from several crucial support levels. Unless the price is successful in reclaiming them, the trend is considered bearish.
The Tezos Foundation, the non-profit organization working towards the adoption of the Tezos blockchain protocol, published its bi-annual report on Tuesday, providing insights into the project’s development in the past six months.
Binance Coin BNB, -3.31% has been on the downturn over the past week of trading as the cryptocurrency lost a total of 11.5% over the past 7-days of trading. The coin had bounced from around $18 in early September to climb and reach as high as $33.40 during the middle of the month. More specifically, Binance Coin was never above to break beyond the resistance set out at $31.28 as it rolled over and started to reverse.
One of Ripple’s executives Chris Larsen has been spotted moving a significant amount of Ripple cryptocurrency (XRP) to an unknown wallet. The transaction was reported by Whale Alert, which raised concerns amongst other XRP holders on whether Larsen was planning a heavy dump. However, Larsen later cleared the air, saying he moved the funds to NYDIG.
The Litecoin price line for an ascending slope on the 1-day chart for the 22nd of September. The price rose towards the $45 mark but was unable to sustain that position. Crypto analysts on Trading View expect the LTC price to fall towards $40. On the 21st of September, the cryptocurrency rested near the $43 level.
TRON price made an attempt to clear the $0.0300 resistance, but it failed against the US Dollar. TRX price traded as high as $0.0298 and started a fresh decline below the $0.0300 and $0.0280 support levels.