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Key facts: NU7 risk to CRYPTO:ZECUSD Sprout; THORChain swaps; $750K

NU7 testnet poses a risk to ZECUSD Sprout pools, requiring migration. THORChain now supports native ZEC spot swaps. A $750K grant was approved for Zcash policy work.

TokenPost

The price of Zcash (ZEC) has fallen 18.2% from its late September peak, with the upcoming NU7 upgrade nearing its testnet deployment. The mainnet launch date remains undecided, and there is a lack of clear reasons for the price fluctuations.

TokenPost

62% of altcoin futures open interest is concentrated in the top 10 assets. However, this does not directly indicate liquidation risk per account. Due to the nature of cross-margin accounts, risks can be compounded as collateral is shared across positions.

Cointelegraph

US Bitcoin ETFs have seen inflows for three consecutive weeks, while Ethereum ETFs have reversed course and experienced outflows. Last week, Bitcoin ETFs attracted approximately 38 billion yen, bringing the cumulative net inflow to over 9 trillion yen. In contrast, Ether ETFs saw outflows of about 21.8 billion yen last week. Other altcoin ETFs also experienced inflows and outflows.

Bloomingbit

Bitcoin fell just short of $87,000, trading in the $86,000 range. After briefly approaching an 8-month high, it subsequently dropped by about $1,000. Among altcoins, Dogecoin saw a rise of over 3%. The market is watching for a daily closing price above $87,000.

Bloomingbit

Bitcoin approached an eight-month high near $87,000 but pulled back, trading below that level. The cryptocurrency saw a slight 24-hour gain, with altcoins like Dogecoin showing stronger performance. Market focus is on whether Bitcoin can sustain a close above $87,000.

Bloomingbit

Bitcoin approached its 8-month high of $87,000 but gave back its gains, falling back to the $86,000 level. Dogecoin rose more than 3%, and altcoins generally showed slight gains. The market is watching to see if Bitcoin can close the daily candle above $87,000.

Bloomingbit

Zcash (ZEC) has applied its upcoming upgrade, 'NU7,' to the testnet. This upgrade aims to reduce block generation time from 75 seconds to 25 seconds and introduce a sustainability mechanism that redirects a portion of transaction fees to future rewards. The network is now entering its final testing phase before the mainnet launch scheduled for November 5th.

TokenPost

The Zcash NU7 upgrade has been applied to the testnet, with the mainnet application scheduled for November 5th. However, there are discrepancies in the information regarding the timing of the testnet application, requiring further confirmation.

Cointelegraph

Zcash's NU7 network upgrade has been activated on testnet, reducing block spacing to 25 seconds and introducing a Network Sustainability Mechanism. Users must move funds from the Sprout pool before mainnet activation on Nov. 5.

Cointelegraph

Zcash has activated the NU7 upgrade on its testnet. This upgrade shortens block intervals from 75 to 25 seconds, disables version 4 transactions, and introduces a sustainability mechanism. Mainnet activation is targeted for November 5th.