The address that closed its ZEC long position yesterday after losing $846,000 has instead opened a short position of $2.66 million.

- Zcash (ZEC) surges 15x to $626 amid Bitcoin's 7-month low, sparking warnings from Bloomberg's Balchunas about privacy coins fragmenting crypto market support. - Winklevoss-backed Cypherpunk Technologies buys $18M ZEC, now holding 1.43% of supply as privacy-focused "censorship-resistant" asset gains institutional traction. - Bitcoin maximalists dismiss Zcash's rally as "Pump & Dump" schemes, while analysts debate whether privacy features undermine Bitcoin's institutional adoption narrative. - Market scrut

- Trust Wallet Token (TWT) rebranded as Toncoin in 2025, shifting from governance to gamified utility via the Trust Premium loyalty program. - A 2020 token burn eliminated 88.9B TWT (40% of supply), creating scarcity but raising liquidity concerns amid limited adoption incentives. - TNSR's market resilience contrasts with TWT's risks, as centralized utilities and opaque supply management threaten liquidity and institutional trust. - TWT's success depends on balancing gamified engagement with decentralized

- ZK protocols saw 2025 seismic growth via network upgrades and institutional adoption, reshaping investment theses for scalable, private blockchain infrastructure. - ZKsync's Atlas Upgrade achieved 43,000 TPS with $0.0001/tx costs, while Polygon and StarkNet secured $1B+ in adoption through EVM compatibility and 90% gas fee reductions. - Deutsche Bank , Walmart , and HSBC adopted ZKP for cross-chain settlements, supply chain transparency, and compliance, accelerating enterprise-grade use cases. - ZKP mark