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Zcash’s sharp revival did not happen by accident, according to Josh Swihart, who argues that ZEC’s roughly 1,500% rally reflects a multi-year reset across governance, product strategy, narrative posit

Zcash’s sharp revival did not happen by accident, according to Josh Swihart, who argues that ZEC’s roughly 1,500% rally reflects a multi-year reset across governance, product strategy, narrative positioning and organizational structure. In a detailed update, Swihart framed Zcash’s recent strength as the result of hard decisions made in 2023 and 2024 that are now compounding across the ecosystem.

Three years ago, Swihart said, Zcash had strong cryptography but weak momentum. ZEC was trading around $30, less than 11% of supply was shielded, and community discussion was dominated by governance disputes. Today, he said, ZEC is around $600, roughly 31% of supply is shielded, more than $3 billion in value is held in user-controlled shielded wallets, and shielded transactions reached 86.5% in mid-March.

“Nothing happens by chance,” Swihart wrote. “Here were the unlocks and why growth is accelerating.”

Governance Reset Becomes Central To The Zcash Story
Swihart’s first explanation centers on governance. For Zcash’s first eight years, 20% of every block reward went to the same core institutions, later including Zcash Community Grants. In his view, that created an incumbency problem: organizations had guaranteed funding while also holding significant influence over protocol direction.

That changed in 2024, when Electric Coin Co. announced it would not accept direct funding. Swihart said the decision forced the legacy model to break. Network Upgrade 6 then cut direct funding and redirected 8% to Zcash Community Grants, while sending 12% into a protocol-controlled lockbox intended for ZEC holders to retroactively distribute grants to contributors delivering measurable value. Both streams expire at the end of the third halving in late 2028 unless renewed by overwhelming community consensus.

The trademark issue also mattered.

Zcash’s sharp revival did not happen by accident,

MEGA: Real-Time Execution Layer for Ethereum

Don't Miss It: 1,000 USDT Creator Pool Is Open!HTX Creation Challenge — Post and Win 1,500U 💥MEGA: Real-Time Execution Layer for EthereumTRX defies bearish sentiment as on-chain metrics turn construct

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TRX defies bearish sentiment as on-chain metrics turn constructive 
When looking at TRX’s Q1 performance across key metrics, its 10%+ rally doesn’t look accidental.

According to Token Terminal data, stablecoin supply climbed to a record $84.5 billion, transaction count rose to 978 million, and network throughput reached a new high of 126 transactions per second. While revenue declined slightly after earlier fee reductions, rising transaction activity suggests that lower costs are driving higher usage, strengthening TRON’s role as a dominant stablecoin settlement layer.

Notably, this trend is already extending into Q2. Another $1 billion USDT mint has pushed total stablecoin supply to a new all-time high above $90.2 billion, signaling continued capital inflows and network adoptionAgainst this backdrop, expanding on-chain liquidity is translating directly into stronger usage. 

In that context, the ongoing market FUD around TRX looks less like a risk signal and more like an accumulation phase. This helps explain TRX’s 11% gain so far in Q2, hinting that the rally is being supported by smart money positioning around improving fundamentals, shaping a classic “buy the fear” setup.

Final Summary
Despite negative sentiment, TRX continues to rally, suggesting smart money accumulation in a classic “buy the fear” setup.
Record stablecoin supply, higher transactions, and growing network usage indicate the rally is increasingly supported by real on-chain demand rather than sentiment alone.

TRX defies bearish sentiment as on-chain metrics t

Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?Everything Can Be Huobao Why is BTC falling? Will Bitcoin price go up today as crypto market loses $23 billion amid Iran te

Why is BTC falling? Will Bitcoin price go up today as crypto market loses $23 billion amid Iran tensions and oil fears?

The crypto market lost nearly $23 billion in value within hours as Bitcoin price slipped below $81,000 and investor fear returned across global markets. The total crypto market cap dropped to $2.67 trillion while Bitcoin failed to break above a major resistance zone near $83,600. That rejection changed market sentiment quickly. Investors expected another bullish breakout. Instead, they saw hesitation.

The crypto market is bleeding again, and this time the pressure is not coming from inside the blockchain world. It is coming from geopolitics, oil fears, fading institutional momentum, and a growing sense that global markets are entering another fragile phase. Bitcoin price slipped near $81,000 today while the total crypto market cap dropped to nearly $2.67 trillion. Traders searching “Why is BTC falling?” and “Will Bitcoin price go up today?” are watching one critical reality unfold: crypto is behaving more like a global risk asset than a safe haven.

Bitcoin remains trapped inside a narrowing ascending channel after failing to break higher above key resistance. That rejection came exactly when market optimism started weakening after U.S. President Donald Trump reportedly rejected Iran’s peace proposal, escalating fears surrounding Middle East instability and the Strait of Hormuz oil route. Investors suddenly shifted toward caution instead of risk-taking.

The broader crypto market decline now reflects something deeper than a normal correction. Volume is fading while fear is quietly returning. The setup matters because crypto rallies rarely survive when participation weakens. Even traditional markets showed hesitation, with the S&P 500 closing mostly flat despite several bullish economic expectations earlier this month.



Why is BTC falling? Will Bitcoin price go up today

RMA ATR Bands is a directional volatility trend indicator built around a smoothed RMA baseline combined with asymmetric ATR expansion bands. Unlike traditional symmetric ATR envelopes, the indicator u

RMA ATR Bands

MU: Top Memory Chip Maker 

On May 12, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is negotiating with all major professional sports leagues in the United States to enh

CFTC Collaborates with Major U.S. Sports Leagues to Regulate Prediction Markets, Sues Several States

Genius: First Private On-Chain Terminal

Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?Everything Can Be Huobao Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in fu

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding

Arc, Canton and Tempo, three blockchains focused on stablecoins and tokenization, have raised more than $1 billion combined, highlighting rising institutional demand for privacy-focused crypto infrastructure, according to Bitwise CIO Matt Hougan.

Stablecoin issuer Circle (CRCL) recently raised $222 million at a $3 billion valuation for Arc, while Digital Asset is reportedly raising $300 million at a $2 billion valuation for the Canton blockchain. Tempo, backed by Stripe and Paradigm, previously raised $500 million at a $5 billion valuation.

In a Tuesday blog post, Hougan said the fundraising wave reflects three trends: clearer U.S. regulation, growing demand for private blockchain transactions and rising competition from corporate-backed crypto networks.

Blockchains have long faced a trade-off between speed, cost and security: faster, cheaper networks often make compromises on decentralization or resilience, while more secure chains can be slower and more expensive to use.

That tension is especially important for stablecoins and tokenization, where institutions need transactions to be fast and affordable, but also private, compliant and secure enough for real-world finance.

Hougan said privacy could emerge as a “killer app” for crypto as businesses and consumers become less comfortable with fully transparent blockchains like Ethereum and Solana.

“If you're a business broadcasting every trade before it's complete, or a worker whose paycheck is visible to anyone with a block explorer, that transparency is a bug, not a feature,” Hougan said.

He added that the fundraising boom also reflects growing confidence after Congress passed the Genius Act in 2025, giving institutions a clearer regulatory footing to invest in crypto infrastructure.



Privacy emerges as crypto’s next 'killer app,' wit

As the highly anticipated markup of the crypto market structure bill approaches, the White House’s top crypto advisor has slammed the banking industry’s CEOs amid efforts to reopen the stablecoin rewa

As the highly anticipated markup of the crypto market structure bill approaches, the White House’s top crypto advisor has slammed the banking industry’s CEOs amid efforts to reopen the stablecoin rewards debate.

ABA CEO Urges Banks To Block Stablecoin Rewards
On Sunday, the American Bankers Association (ABA)’s CEO, Rob Nichols, sent a letter urging bank executives to push lawmakers to revisit the language on the crypto market structure bill, known as the CLARITY Act, ahead of its Thursday markup.

Nichols affirmed that he was “reaching out to make every bank leader in this country aware of an urgent advocacy fight that requires your immediate engagement,” adding that he wants Congress to establish digital asset rules and responsible guardrails for the crypto industry.


Nichols letter to bank executives. Source: Brendan Pedersen on X
However, he considers that the latest version of the bill “still does not adequately prevent crypto companies from offering interest-like rewards on payment stablecoins,” which would “unnecessarily incentivize the flight of bank deposits into payment stablecoins, putting both economic growth and financial stability at risk.”

“We believe the committee members may not be fully aware of the risks to the economy posed by the stablecoin loophole. Your immediate engagement can make a difference,” Nichols’ letter read.

For context, the latest version of the CLARITY Act prohibits any activity “economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit” on payment stablecoins.

Nonetheless, the text allows for payment of rewards tied to bona fide activities, including staking, transaction activity, or liquidity provision, aiming to promote a “buy and user” approach.

Last Friday, US banking trade groups, including ABA, sent a letter asking s

As the highly anticipated markup of the crypto mar

Galaxy Ventures-backed Boundary Labs is preparing to launch USBD, an over-collateralized Ethereum stablecoin that swaps monthly attestations for continuous on-chain verification of reserves and net as

Galaxy Ventures-backed Boundary Labs is preparing to launch USBD, an
over-collateralized Ethereum stablecoin that swaps monthly attestations for continuous on-chain verification of reserves and net
asset value while pushing yield into a separate sUSBD token aimed at institutional risk-takers. Summary Boundary raised 2 million dollars from Galaxy Ventures, First Block Capital, BlackWood and crypto funds to build USBD, an institutional-grade stablecoin that makes reserves and NAV visible on-chain in real time. USBD will be over-collateralized on Ethereum and pay no yield; a separate sUSBD token will capture protocol earnings from delta-neutral DeFi strategies, cleanly separating "cash-like" settlement from risk-bearing returns.
Boundary Labs, a Galaxy Ventures-backed startup, is preparing to launch USBD, an institutional-grade stablecoin built around continuous on-chain verification rather than periodic off-chain attestations. The company has closed a $2 million seed pre-financing round and plans to deploy USBD on Ethereum in early summer 2026, targeting asset managers, hedge funds and family offices that want a regulated dollar asset with real-time transparency into reserves, net asset value and protocol health. The raise was led by Galaxy Ventures, an early-stage investment arm under Galaxy Digital, with participation from First Block Capital, BlackWood and several crypto-native funds, according to reporting from The Block.
Boundary Labs is headed by founder and
CEO Matthew Mezger, a former Deutsche Bank and Digital Currency Group executive, who has pitched USBD as a way to "move stablecoins from a trust-driven model to a verifiable financial system" by making capital structure, reserve composition and protocol operations visible on-chain. USBD will live natively on Ethereum and is explicitly designed as an institutional dollar rather than a retail rewards produc

Galaxy Ventures-backed Boundary Labs is preparing

HTX Creation Challenge — Post and Win 1,500U 💥Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down? Bhutan government moves another 100 BTC as 2026 bitcoin outflows top $230 mi

Bhutan government moves another 100 BTC as 2026 bitcoin outflows top $230 million: Arkham
The Royal Government of Bhutan transferred another 100.44 BTC ($8.2 million) on Tuesday, according to the onchain analytics platform Arkham.

Bhutan appears to have sold around $50 million in BTC per month this year, Arkham said, but still has $252 million worth of bitcoin remaining.
The Royal Government of Bhutan transferred approximately 100.44 BTC ($8.2 million) to an unlabeled address on Tuesday, continuing an accelerating outflow streak.

Bhutan transferred the funds to an address starting "bc1qn" at 5:27 a.m. UTC in three transactions, according to the onchain analytics platform Arkham, which began tracking the tiny Himalayan kingdom's bitcoin ￼BTC0%￼

 holdings in 2024.

Arkham said the transfers appeared to be for selling, adding to outflows from Bhutan labeled addresses of more than $230 million since the start of the year, or around $50 million worth of bitcoin per month. "If they manage to sell everything at the current price of BTC, they would exit the market with $767 million of onchain profit," the analysts said.

The specific reason for the transfers remains unknown, although some prior transfers were tracked as deposits to crypto exchange Binance and investment manager Galaxy Digital. However, the latest transfers could also represent a consolidation of funds, with the assets moved from an older bitcoin address starting "3" to a more modern format starting "bc1q."

Starting with a 1, legacy Pay-to-PubKey-Hash (P2PKH) addresses are the oldest style of Bitcoin addresses. After that came Pay-to-Script-Hash (P2SH) addresses starting with 3, then native SegWit (P2WPKH) addresses starting with bc1q, and finally Taproot (P2TR) addresses starting with bc1p — the most up-to-date format.




Bhutan government moves another 100 BTC as 2026

$110K Spring Airdrop Rain—18 Days Straight!Everything Can Be HuobaoBTC Shakes at $80K—Up or Down? Turkey secures 130 archives with ETH blockchain integrationThe Presidential Directorate of Communicati

$110K Spring Airdrop Rain—18 Days Straight!

Turkey secures 130 archives with ETH blockchain integrationThe Presidential Directorate of Communications of Turkey has just announced a major step in blockchain integration. Following the shelving of a highly controversial crypto regulation bill, public institutions in Turkey are now making notable moves toward crypto-friendly practices. But what does this latest move mean, and in what ways is the Directorate connecting with blockchain technology?

Turkey secures 130 archives with ETH blockchain in

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Bonk 准备迎接关键技术反弹 Bonk 目前交易价格接近 0.00002422 美元，在触及日线高位阻力位后进入修正阶段。该代币近期跌破价值区域高点，回调至由控制点、200 日均线和 0.618 斐波那契回撤位构成的强支撑区域。从历史上看，此类汇合区域曾是 BONK 等上涨资产看涨反转的跳板。 然而，一个可能的变化进一步将 Bonk 推向风口浪尖：一家饮料生产商将 Bonk 部署为库存资产，并计划在年底前收购高达 1.15 亿美元的 BONK。交易员们正在密切关注价格走势，因为如果未能守住关键支撑区域，Bonk 的看涨势头可能会消散，并使其跌至震荡低点。

<div><span style="font-size: 15px;">Bonk 准备迎接关键技术反弹</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">Bonk 目前交易价格接近 0.00002422 美元，在触及日线高位阻力位后进入修正阶段。该代币近期跌破价值区域高点，回调至由控制点、200 日均线和 0.618 斐波那契回撤位构成的强支撑区域。从历史上看，此类汇合区域曾是 BONK 等上涨资产看涨反转的跳板。</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">然而，一个可能的变化进一步将 Bonk 推向风口浪尖：一家饮料生产商将 Bonk 部署为库存资产，并计划在年底前收购高达 1.15 亿美元的 BONK。交易员们正在密切关注价格走势，因为如果未能守住关键支撑区域，Bonk 的看涨势头可能会消散，并使其跌至震荡低点。</span><div style="overflow: hidden; border-radius: 16px;"><img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-08/1fc1af3239de4de08fe6a81537373654.jpeg" alt="1000053435" style="margin-top: 10px; margin-bottom: 10px; width: 329px; height: auto; border-radius: 16px;" /></div></div><div><br /></div>

Bonk 准备迎接关键技术反弹

HTX 12th-Anniversary Carnival

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Bonk 准备迎接关键技术反弹

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