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Crypto

Zcash breaks nine-year downtrend versus bitcoin, putting \'old rule\' to the test

Zcash has broken a nine-year downtrend against bitcoin, a move seen as a potential structural reversal rather than a short-term spike. The ZEC/BTC pair has held around 0.007904 bitcoin after breaking above a long-term descending line and remains well above its 200-day simple moving average. Placeholder co-founder Chris Burniske said an “old rule” of the crypto market may be ending, while cautioning investors to stay practical.

Crypto

Ethereum whale holding 40,000 ETH returns after 7 years, moves Maker tokens

A long-term holder address that joined Ethereum\'s 2015 ICO and is believed to have amassed about 40,000 ether has moved assets again after nearly seven years of inactivity, but the transfer involved Maker (MKR), not ether. On-chain data shows the investor accumulated 7,020.84 MKR in 2018-2019 at an average price of $828.92. About half, 3,510.42 MKR, was moved to a new address, with no confirmed exchange inflow or sale.

Crypto

Foggd links crypto market maker leaderboard with DefiLlama

DeFi data platform DefiLlama has integrated Foggd’s cryptocurrency market maker leaderboard, allowing users to view data such as spreads, trading volume and uptime in one place, a recent Cointelegraph report said. The integration lets DefiLlama users compare market makers by exchange and assess liquidity backing individual tokens. Data are collected from more than 500 token projects and 35 market-making firms. The companies did not disclose financial terms.