Crypto news

Today’s price increase for Zcash (ZEC) appears to be driven by institutional investment. The Grayscale Zcash Trust recently bought around $46 million worth of ZEC using the coin’s privacy feature, which hides transaction details like sender, receiver, and amount. This choice to prioritize private transactions suggests a long-term commitment to Zcash’s core function – preserving privacy – and the market seems to be reacting positively to this signal, viewing it as more than just a short-term bet.

Well, I say, Enjin’s native token ENJ has been on a bit of a tear lately, hasn’t it? Up about 50% to $0.02866 in the last 24 hours, with daily trading volume surging to $88.6 million, according to the ever-reliable Coingecko. This little rally has hoisted the token’s market capitalization to a tidy $54.37 million, putting this old gaming and NFT token back on the radar of the trading chaps.

The overall Bitcoin supply situation supports this idea. Around 3 to 4 million of the roughly 19.7 million Bitcoin currently available are effectively lost forever – stuck in wallets people can’t access, due to lost passwords or other issues. When you also factor in the Bitcoin held by long-term investors who aren’t trading, less than half of all Bitcoin that will ever be created is actually available for buying and selling. This isn’t a short-term situation; it’s a lasting decrease in available supply that gets worse over time.

Apparently, Iran has decided that if you can’t beat the sanctions, you might as well bitcoin them. According to the Financial Times, Tehran is demanding that shipping companies cough up the fee in digital assets, primarily bitcoin, because nothing says “hard-to-trace” like a cryptocurrency transaction. Hamid Hosseini, the spokesperson for Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, explained that the system is designed to slow traffic on Iran’s terms. Because, you know, nothing says “we’re in control” like making tankers pay in a currency that fluctuates more than my mood on a Monday.

Stablecoins, once the quirky side project of the crypto world, have quietly become the prom queen of global finance. In 2025, they processed $33 trillion in on-chain transactions, outpacing Visa and Mastercard’s combined efforts. According to Morph, these digital dollars have evolved from speculative playthings to the backbone of institutional payments. And they did it all without a single commercial featuring a celebrity or a catchy jingle. Take that, legacy systems.

This financial ballet, valued at a mere £11 million (or so the plebians claim), follows their oh-so-serious treasury management framework, unveiled in the sweltering summer of June 2025. How quaint.

Now, Todd, the ever-diplomatic Bitcoin pioneer, has decided to share his thoughts on the whole fiasco, offering a masterclass in how not to be misrepresented by modern journalism. You see, in his latest post on X (formerly known as Twitter, because we’ve all decided we need to keep rebranding things to sound fresher), Todd has accused the creators of the HBO documentary “Money Electric: The Bitcoin Mystery” of a little something called “manipulation.” Oh, how charming.

Mastermind Reece Merrick, floating in the early morning air of San Francisco, took to X-Twitter’s successor species-shouting from the rooftops about another big leap from the company’s headquarters.

Technical patterns, like old habits, die hard. They creep across markets like tumbleweeds, carrying echoes of the past. Analysts, those modern-day fortune-tellers, pore over charts like farmers reading the clouds. But this time, the comparison ain’t your usual crypto-to-crypto or gold-to-Bitcoin hoedown. No, sir. This one’s got Ethereum dancing to Netflix’s tune from 2003 to 2009, a period so sideways it could make a prairie dog dizzy.

Now we’re all rummaging the attic to see if the bulls can keep humoring the rally. A slide into the $400 club? That only works if we punch above $350’s shoulder and laugh all the way to the bank.