Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.
- Zcash surged 23% to about $1,369 as Bitcoin and other major cryptocurrencies advanced alongside global stocks.
- Zcash’s rally coincided with Paradigm co-founder Matt Huang’s disclosure that the investment firm owns ZEC and his description of the token as “a private complement to Bitcoin.”
- The broader market rebounded after the Federal Reserve raised interest rates by a quarter point, a widely expected move that investors viewed as unlikely to begin an aggressive tightening cycle.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
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