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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

AI checks Bitcoin security, finds vulnerabilities across 150 repositories

A Bitcoin security resource group said it used advanced AI models to inspect about 150 Bitcoin-related repositories and found more than 12 vulnerabilities, which it reported to the respective projects. The group is conducting AI-based security audits across key Bitcoin software, including wallets, cryptographic libraries and infrastructure, as part of building a so-called Bitcoin red team platform. It is also developing an open-source AI platform for Bitcoin software auditing.

Crypto

Fed chair \'no inflation easing\' comment rattles markets; bitcoin slips below $64,000

Bitcoin rose above $64,400 right after the U.S. Federal Reserve kept its policy rate unchanged, but slid back below $64,000 after Fed Chair Kevin Warsh’s hawkish remarks. Over 24 hours, it was up just 0.13%. The Fed held rates at 3.50 to 3.75%, with three FOMC members dissenting for a 25-basis-point hike. Other major crypto prices were mostly rangebound, while risk assets faced pressure from higher oil prices and rising U.S. Treasury yields.