Die führende Bitcoin-Treasury-Firma Strategy weist im Q3 2025 fast 3 Mrd. US-Dollar Gewinn aus, was unter anderem durch die Kursgewinne der marktführenden Kryptowährung zu erklären ist.
Zcash price hits new all-time high: how high can the ZEC price climb?
- Zcash price hits a new peak, flipping Monero as the top privacy coin.
- Celebrity endorsements and short squeezes fuel ZEC’s massive rally.
- Rising wedge pattern formation hints at a possible 30% correction ahead.
The Zcash price has defied the broader crypto market downturn, soaring to new heights and capturing global attention.
The ZEC price just surged to an eight-year high, marking one of the strongest rallies among major privacy coins this year.
With growing investor interest, celebrity endorsements, and accelerating adoption of privacy technologies, Zcash has reemerged as a powerful force in the cryptocurrency market.
Privacy demand ignites Zcash price rally
Zcash (ZEC) has skyrocketed 89% over the past two weeks, hitting a new all-time high (ATH) of $388 and flipping Monero (XMR) to become the most valuable privacy-focused cryptocurrency.
At a market capitalisation of around $6.2 billion, Zcash now stands as the leading altcoin in the privacy sector.
Notably, the surge in the ZEC price reflects a wave of renewed demand for privacy coins amid rising global concerns about data surveillance and financial transparency.
Over 4.5 million ZEC, roughly 28% of the total supply, are now held in shielded addresses using Zcash’s zk-SNARK privacy protocol.
This milestone marks the highest level of private holdings since 2021, signalling increased trust and usage of ZEC’s privacy technology.
Shielded coins tend to remain off exchanges longer, reducing liquid supply and adding upward pressure to the Zcash price.
Celebrity endorsements and short squeezes fuel the momentum
Besides the privacy coins demand, a significant percentage of the excitement surrounding the ZEC token can also be traced to high-profile endorsements.
Renowned investor Naval Ravikant described Zcash as “insurance against Bitcoin” in early October, triggering a massive 60% daily price jump.
Soon after, Helius co-founder Mert Mumtaz floated a $1,000 target, while BitMEX co-founder Arthur Hayes predicted that the ZEC price could rise to $10,000.
Each endorsement fueled further gains and drew new investors to the privacy coin sector.
The rally has also been amplified by an influx of short liquidations.
In the past two weeks alone, ZEC futures recorded approximately $65 million in liquidations — more than half from short positions.
This created a classic short squeeze, forcing bearish traders to close positions as prices climbed higher.
Retail investors followed suit, with Google search trends for “Zcash” spiking in late October as fear of missing out (FOMO) took hold.
The feedback loop between short liquidations and rising retail demand has propelled the ZEC token into one of the most dramatic recoveries of 2025.
Zcash price forecast
From a technical perspective, Zcash remains in a strong position but faces short-term risks.
The ZEC price trades well above its 7-day simple moving average of $332.01 and its 200-day exponential moving average near $96.68.
Indicators such as the Relative Strength Index (RSI) and MACD point to strong bullish momentum, though both are approaching overbought levels.
The current $370–$400 zone represents a critical resistance area, and a sustained breakout could set the stage for a move toward $450.
However, chart analysts have identified a rising wedge pattern — typically a precursor to corrections — that could lead to a 30% pullback toward the $260–$270 support range if momentum weakens.
The immediate support level to watch is $304.32, according to CoinLore’s analysis, which, if breached, could lead to a further decline to the next support level at $296.96, and further to the $260–$270 support range.
But despite these technical warning signs, market sentiment remains overwhelmingly positive.
Zcash’s +900% year-to-date rally demonstrates deep investor conviction and a structural shift in the market’s perception of privacy coins.
While whales have taken partial profits, on-chain data shows that the number of ZEC holders has surged by more than 60% in the past week, underscoring continued retail participation.
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Venezuela to integrate Bitcoin and stablecoins into its banking network by December
- Local banks will offer custody, transfers, and crypto-to-fiat exchange services.
- The bolivar’s sharp depreciation has driven a surge in stablecoin adoption.
- Conexus currently processes nearly 40% of Venezuela’s electronic payments.
Venezuela is preparing to merge its struggling traditional banking system with digital currencies as payment giant Conexus plans to integrate Bitcoin and stablecoins into the national banking infrastructure.
The move, expected to launch in December 2025, marks a significant step in the country’s financial transformation, offering Venezuelans a regulated channel for cryptocurrency use.
With the bolivar’s persistent depreciation and rising adoption of stablecoins, this development could make Venezuela one of the first nations to formally blend fiat and crypto operations under a unified system.
The integration also reflects Venezuela’s long-standing struggle with international sanctions that have limited access to global banking.
By adopting blockchain-based systems, Conexus aims to provide citizens with a more resilient alternative that can facilitate remittances, domestic transfers, and business payments without heavy dependence on foreign intermediaries and unstable local exchange rates.
The initiative also seeks to improve financial inclusion nationwide, making digital transactions more accessible to individuals and businesses across the country.
Conexus aims to bridge banks and blockchain
Conexus, which currently processes nearly 40% of Venezuela’s electronic transactions, is leading this shift by allowing local banks to offer direct crypto services such as custody, transfers, and fiat conversion for Bitcoin and stablecoins.
The integration seeks to make digital currency access seamless for customers within their regular bank accounts, eliminating the need for external wallets or apps.
The new infrastructure will be built on blockchain technology to enhance transparency and transaction security.
According to the company, the system will enable both individuals and businesses to move between digital and traditional currencies safely, reducing reliance on unregulated exchanges.
Growing reliance on stablecoins amid inflation
Years of hyperinflation have eroded confidence in the bolivar, pushing Venezuelans to rely heavily on stablecoins like Tether (USDT) as a store of value and medium of exchange.
From small retailers to freelancers, many now prefer stablecoins to protect earnings from volatility.
Conexus President Rodolfo Gasparri has highlighted that this surge in stablecoin transactions demonstrates a clear public demand for better integration between crypto and banking systems.
The company’s upcoming model aims to formalise this reality by providing regulated access to crypto within Venezuela’s financial framework, allowing citizens to transact and save using digital assets with greater confidence.
Potential blueprint for emerging economies
The Conexus initiative could reshape not only Venezuela’s financial sector but also set an example for other economies facing currency crises.
By offering a direct bridge between fiat and digital assets, the model could help millions gain access to stable, low-cost, and transparent financial services.
Venezuela’s attempt to merge traditional finance with blockchain technology aligns with global trends toward digitalisation of money, particularly in regions where economic instability drives innovation.
If implemented successfully, this system could serve as a prototype for countries in Latin America and beyond, where inflation and limited banking access continue to affect economic stability.
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Canary Capital updates its XRP ETF application, eyeing November 13 launch
- Canary Capital has removed the “delaying amendment” in its XRP ETF filing, signalling a possible Nov. 13 launch.
- SEC and Nasdaq reviews could still affect the ETF’s final timeline.
- XRP-linked ETFs are already seeing strong inflows.
Canary Capital has amended its S-1 filing for a proposed spot Ripple (XRP) exchange-traded fund, removing a procedural clause that could clear the way for a November 13 launch.
The tweak is technical but meaningful: by eliminating the “delaying amendment,” the fund could become automatically effective under the 20-day statutory waiting period unless the SEC intervenes.
The update positions the XRP ETF to go live after 20 days
Canary’s latest submission to the Securities and Exchange Commission (SEC) removes language that usually allows the agency to control the effective date of a registration.
In practical terms, the fund is now positioned to become effective automatically after twenty days under Section 8(a) of the Securities Act of 1933 — a path several recent altcoin ETFs have followed.
Journalist Eleanor Terrett flagged the amendment in a social media post, noting that the change now sets up a possible November 13 launch.
🚨SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing.
This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P
— Eleanor Terrett (@EleanorTerrett) October 30, 2025
The fund, however, still needs Nasdaq to clear a Form 8-A listing.
If Nasdaq greenlights the 8-A and the SEC staff does not raise new comments, the statutory clock would make November 13 a realistic target.
SEC could still request more amendments
Despite the procedural move, the timeline is not guaranteed.
The SEC could still issue comments that require Canary to amend its filing again, which would push the effective date back.
The broader reopening of government operations adds a further variable: staff availability and review priorities could either accelerate or delay finalisation.
SEC Commissioner Paul S. Atkins recently expressed support for issuers using the auto-effective route during periods when agency operations slow.
He praised the legal mechanism behind the 20-day waiting period, noting it as a long-standing option for issuers.
While Atkins did not comment directly on Canary’s filing, his remarks suggest a regulatory environment that — at least in principle — can accommodate automatic effectiveness when filings are in order.
XRP ETF market is already active
Even before this XRP ETF wins full approval, the market for XRP-linked ETF products has been busy.
Several funds already trade, including leveraged and volatility products from providers such as Teucrium, Volatility Shares, Rex-Osprey, ProShares, and Purpose.
These offerings have drawn meaningful inflows, highlighting investor appetite for XRP exposure through ETF wrappers.
Teucrium’s leveraged XRP product in particular has accumulated substantial assets, while Rex-Osprey’s recently launched fund crossed the low hundreds of millions in assets under management.
A wider slate of issuers, including some of the industry’s larger names, has pending applications, suggesting further competition if Canary’s product does reach market first.
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Revolut rolls out 1:1 USD-to-stablecoin swaps with zero fees or spreads
- Revolut users can now swap USD for USDT or USDC with zero fees.
- The service supports six major blockchains, including Ethereum and Solana.
- Revolut’s crypto unit drove a 298% revenue surge in 2024.
Revolut has introduced fee-free, 1:1 USD-to-stablecoin conversions, eliminating traditional costs and spreads and allowing the company’s 65 million users to exchange US dollars for USDT or USDC across multiple blockchains at no extra cost.
Revolut removes friction between fiat and crypto
The new feature enables Revolut users to convert USD directly into Tether (USDT) or USD Coin (USDC) on a true one-to-one basis.
Customers can swap up to $578,000, or roughly €500,000, over a 30-day rolling period without paying any fees or spreads.
For every dollar deposited, users receive a matching stablecoin amount, effectively removing the pricing anxiety and conversion friction that typically come with moving between fiat and crypto.
The service supports transactions across six major blockchain networks, including Ethereum, Solana, and Tron, giving users flexible routing options.
The app automatically handles the technical steps, letting customers pick their destination chain without dealing with complex bridging or on-chain settlements.
Revolut’s Head of Product for Crypto, Leonid Bashlykov, described the rollout as a major leap toward making crypto access seamless.
Bashlykov said the company is covering the spread internally to guarantee exact 1:1 conversions, provided the stablecoins maintain their dollar peg.
A model built on simplicity and trust
Revolut’s in-app swap feature mirrors the company’s earlier approach to foreign exchange, which set a new standard for transparent, real-time conversions in digital banking.
Just as Revolut made zero-commission FX trading mainstream a decade ago, it now aims to make stablecoin swaps just as simple and accessible.
The fintech clarified that while the in-app conversion is completely free, standard network gas fees or withdrawal costs may still apply when tokens move off-platform.
Even so, the elimination of spreads and conversion fees marks a rare example of a financial institution fully absorbing costs to simplify crypto adoption.
For small and medium-sized businesses, particularly in regions facing currency instability, the implications are significant.
Venture capitalist Elbruz Yılmaz noted that Revolut’s clean one-to-one ramp “turns stablecoins from a speculative asset into working capital infrastructure,” helping businesses reduce foreign exchange losses and speed up payment cycles.
Revolut building on the strong performance of its crypto unit
The rollout builds on a strong year for Revolut’s wealth division, which includes crypto trading, commodities, and savings.
The segment posted a 298% jump in revenue in 2024, reaching £506 million, driven largely by growing demand for digital asset products.
The company’s full-year results showed a record £1.1 billion in profit and total revenue of £3.1 billion, underscoring its evolution from a digital bank into a global financial powerhouse.
Much of that momentum stems from Revolut X, the firm’s professional trading platform launched in 2024.
Offering over 100 tokens with zero maker fees and minimal taker fees, Revolut X positioned the fintech as a direct competitor to established crypto exchanges.
Its expansion to 30 European countries later that year strengthened the company’s foothold in the region.
With its new 1:1 stablecoin conversion, Revolut has not only removed a major barrier to digital asset adoption but has also redefined what a modern neobank can offer.
In doing so, it positions itself at the intersection of traditional banking and the decentralized financial future that is rapidly taking shape.
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