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Bitcoin and Ethereum reaching specific price levels could indicate a sustainable market move.
AI-driven market rotations are expected due to mispositioned investments.
No recession is anticipated due to robust AI demand.
Inflation may rise significantly, potentially reaching levels not seen since the early 1990s.
AI is fundamentally disrupting businesses by making coding cheaper and more accessible.
Many people are not fully utilizing AI, often treating it as a simple tool.
Advanced AI models are selectively distributed, creating competitive advantages.
The development of advanced AI models could pose cybersecurity risks.
Cryptography is predicted to become crucial for cybersecurity by year-end.
AI’s impact on market dynamics is significant, influencing investment strategies.
The disconnect between AI advancements and user engagement is notable.
Selective access to AI models highlights competitive disparities.
Advanced AI technologies may lead to a dystopian cybersecurity landscape.
The role of cryptography in defending against cyber threats is growing.
AI’s transformative effect on software businesses is reshaping industries.
Guest intro
Jordi Visser is CEO of Visser Labs and Head of AI Macro Research at 22V Research. He previously served as President and Chief Investment Officer at Weiss Multi-Strategy Advisers from 2005 to 2024, following over a decade as Managing Director at Morgan Stanley focused on emerging markets. He is the author of the VisserLabs Substack, analyzing macro trends in AI, bitcoin, and commodities.
Bitcoin and Ethereum market trends
If Bitcoin trades above $76,000 and Ethereum above $2,400, it could signal the start of a sustainable market move this year.
— Jordi Visser
The significance of these price levels lies in their potential to indicate market trends.
I believe that is the beginning of a move that will be sustainable this year because I don’t think we’re gonna have a recession.
— Jordi Visser
Understanding current market conditions is crucial for interpreting these predictions.
Technical levels provide insight into potential future trends.
Bitcoin and Ethereum’s performance is closely watched by investors.
Market predictions are based on high confidence in economic stability.
The absence of a recession is a key factor in these forecasts.
AI-driven market rotations
This year will be characterized by continuous rotation in the markets due to mispositioning around artificial intelligence.
— Jordi Visser
AI’s impact on investment strategies is leading to market rotations.
Investors must adapt to technological shifts to remain competitive.
I think every week I say to people this is gonna be a continuous year of rotation just because of how mispositioned people are for artificial intelligence.
— Jordi Visser
Awareness of current market dynamics is essential for strategic planning.
Mispositioning around AI presents both challenges and opportunities.
The importance of adapting to AI-driven changes cannot be overstated.
Market behavior is increasingly influenced by technological advancements.
Economic outlook and inflation
There is no recession coming due to massive AI demand.
— Jordi Visser
AI demand is a significant factor in economic forecasts.
As I’ve said repeatedly and will continue to say there is no recession coming and that’s because the AI demand is massive.
— Jordi Visser
Inflation could rise significantly, reaching levels not seen since the early 90s.
We’ve moved to a place where inflation is gonna be significantly higher and it could be higher than any time outside believe it or not outside of 2022 we could have headline inflation up at 6% which would be the highest level since I think the early nineties.
— Jordi Visser
Current economic conditions suggest a complex landscape for investors.
Understanding inflation trends is crucial for financial planning.
AI’s role in economic stability is increasingly recognized.
AI’s impact on business and coding
Artificial intelligence is fundamentally disrupting businesses built on code by making coding cheaper and more accessible.
— Jordi Visser
AI is transforming traditional software businesses.
The accessibility of coding is enhanced by AI advancements.
Businesses must adapt to AI-driven changes to remain competitive.
AI’s impact on business models is profound and far-reaching.
The tech industry is undergoing significant shifts due to AI.
Understanding AI’s transformative effect is crucial for strategic planning.
The cost of coding is decreasing, altering industry dynamics.
Public perception and use of AI
The majority of people are not utilizing AI to its full potential, often treating it as a simple chatbot or search engine.
— Jordi Visser
There is a significant gap in how AI is perceived and utilized.
I think the majority of people that I meet are in the first camp… they still use it as a chatbot or a search engine and that’s it.
— Jordi Visser
Many people have not yet engaged with AI agents, despite their ease of use.
We’re so far further ahead in progress from where we were in October… it’s actually kinda scary to me since it’s so easy to use.
— Jordi Visser
The disconnect between technological progress and user engagement is notable.
Understanding AI’s potential is crucial for maximizing its benefits.
Public perception of AI is evolving, but slowly.
Selective distribution of AI models
The models for synthetic superhuman intelligence are being selectively distributed to certain entities, creating a competitive advantage.
— Jordi Visser
Selective access to advanced AI models highlights competitive disparities.
This separation is mythos from anthropic is not actually being given to the public we’re giving it to some cybersecurity experts it sounds like maybe jpmorgan has access to it as well.
— Jordi Visser
The implications of selective access are significant for market dynamics.
Certain entities gain a competitive edge through exclusive AI access.
Understanding the distribution of AI models is crucial for strategic planning.
The impact of selective access on competition is profound.
Advanced AI technologies are reshaping industry landscapes.
Cybersecurity risks and AI advancements
The emergence of advanced AI models could lead to a dangerous stage in cybersecurity and the development of true AGI.
— Jordi Visser
AI advancements pose significant risks to cybersecurity.
We’re at that point where we’ve talked about when would we get there we’re there and it’s a little dystopian to to see what’s going on.
— Jordi Visser
The development of true AGI is a critical concern for security experts.
Understanding AI’s implications for cybersecurity is crucial.
The potential risks associated with AI advancements are significant.
Cybersecurity strategies must adapt to new AI challenges.
The landscape of cybersecurity is evolving rapidly due to AI.
The role of cryptography in cybersecurity
Cryptography will become essential for defense against cyber threats by the end of the year.
— Jordi Visser
Cryptography’s importance in cybersecurity is growing.
Before the end of this year I still believe that we’re going to have a situation where cryptography ironically enough is gonna be the place that people have to go to to try and defend against this.
— Jordi Visser
The role of cryptography in defending against cyber threats is crucial.
Understanding the landscape of cyber threats is essential for strategic planning.
Cryptography offers a critical line of defense in the digital age.
The increasing importance of cryptography is a key trend in cybersecurity.
Cybersecurity strategies must incorporate cryptographic solutions.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday.
The loss marks a sharp reversal from a year earlier when SpaceX generated roughly $8 billion in profit on revenues estimated between $15 billion and $16 billion.
Revenue grew to $18.5 billion in 2025, but the integration of xAI, Elon Musk’s artificial intelligence venture acquired in February, drove costs past the top line.
There are no changes to the company’s bitcoin position despite these losses. Transfer history analyzed by CoinDesk shows the last significant movement was an internal rebalance roughly four months ago, with 614 BTC and 1,021 BTC moving between SpaceX’s own wallets.
The balance history chart shows holdings have remained stable since mid-2024 after peaking above $1.6 billion in value during the October 2025 all-time high.
For a company that just posted a $5 billion loss and is actively pursuing an IPO, holding $603 million in a volatile asset rather than liquidating it to improve the balance sheet is a statement about how Musk (or the broad) view bitcoin as a treasury asset.
SpaceX’s position is now the fourth-largest known corporate bitcoin holding behind Strategy, Marathon Digital, and Riot Platforms.
CoinDesk reported last month that SpaceX had filed for an IPO that would disclose the bitcoin position in public filings for the first time, potentially forcing a fair-value accounting decision under the new FASB rules that took effect in late 2025.
Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for the legislation to pass after months of delays.
In a Thursday X post, Armstrong said that Coinbase agreed with comments from US Treasury Secretary Scott Bessent in a recent Wall Street Journal op-ed, in which he urged Congress to act on the crypto bill soon. According to the CEO, the current version of the legislation, after months of negotiations between lawmakers and representatives from the crypto and banking industries, was a “strong bill.”
“It’s time to pass the Clarity Act,” said Armstrong.
Source: Brian Armstrong
Armstrong’s endorsement of the bill came about three months after the CEO said that the company could not support the legislation “as written,” leading to lawmakers in the Senate Banking Committee postponing a markup on CLARITY necessary for its approval.
At the time, Armstrong said that he expected the bill to pass “in a few weeks,” but concerns over ethics, tokenized equities, stablecoin yield and other crypto-related issues have stalled progress since January.
Related: Coinbase CEO denies White House clash, says negotiations are ongoing
The expected markup for the bill in the banking committee, not scheduled as of Friday, will follow approval from the Senate Agriculture Committee in January. Both committees need to address different aspects of securities and commodities regulations before a potential vote for the CLARITY Act in the full chamber.
Coinbase legal chief Paul Grewal said last week that lawmakers were “very close to a deal” on the bill.
Is the crypto industry’s influence growing in Washington?
Since before the inauguration of US President Donald Trump, many experts have questioned the influence of the crypto industry on elections, lawmakers’ decisions and White House policies.
Executives at Coinbase and Ripple Labs have been parties to the discussions with administration officials on the CLARITY Act, and Armstrong reportedly met with the president before Trump posted a social media message calling for immediate action on crypto market structure.
The relationships may have benefited Coinbase and other companies seeking crypto-friendly laws and regulations under Trump. Last week, the Office of the Comptroller of the Currency approved Coinbase’s application for a national bank trust charter, following December approvals for Paxos, Ripple Labs, BitGo, Circle and Fidelity Digital Assets.
Magazine: Should users be allowed to bet on war and death in prediction markets?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
Bitcoin treasury Nakamoto will ask shareholders to approve a reverse stock split.
The stock has been trading well below the Nasdaq’s $1 requirement.
Satish Patel of CoinShares is skeptical the scheme will work.
Bitcoin treasury Nakamoto’s stock has collapsed 99%. And to avoid getting kicked off the Nasdaq, it’s now turning to a bit of financial engineering.
But not everyone is convinced it will work.
“The reverse split buys time,” Satish Patel, investment analyst at CoinShares, told DL News. “It’s not a fix to their business strategy.”
The beleaguered Bitcoin treasury has been facing gale force headwinds after it raised hundreds of millions to create the “Bitcoin treasury for Bitcoin treasuries.”
Shares today trade at $0.21; last year they topped $34.
In December, Nakamoto received a delisting notice from the Nasdaq after its stock fell below the exchange’s $1 minimum requirement.
So now it wants to change gears — and is counting on a reverse stock split.
A reverse stock split is an artificial form of boosting a company’s stock price without actually addressing any of the underlying issues that have caused the price to drop.
In a reverse stock split, a company consolidates existing shares; with fewer shares, those that remain trade at a higher price. Think of it as swapping five $1 bills for one $5 bill. Meanwhile, the overall value of the company remains unchanged.
Nakamoto wouldn’t be the first Bitcoin treasury to attempt a reverse stock split. French-based chipmaker Sequans Communications also managed to pull it off in September 2025 after the Nasdaq threatened to delist it. Shares are worth $2.70 today.
‘Theater of the Absurd’
What renowned short seller Jim Chanos recently called the “Theater of the Absurd” went a bit like this.
In February, Nakamoto completed all-stock acquisitions of BTC Inc., which owns Bitcoin Magazine, and UTXO Management, a Bitcoin-focused hedge fund. Both companies were founded by Nakamoto founder David Bailey.
The deal doubled Nakamoto’s outstanding shares to 690 million, massively diluting existing shareholders.
One month later, Nakamoto disclosed it had sold 284 Bitcoin for $20 million at an average price of $70,000 per coin. That’s a 40% realised loss against its average purchase price of around $118,000.
That sale raised a critical question, however. If the recently acquired businesses — BTC Inc. and UTXO Management — were generating sufficient cash flow, why sell Bitcoin at such a steep loss?
“The reverse split signals that the company cannot self-fund operations from its acquired businesses and remains dependent on capital markets access,” said Patel.
As long as Nakamoto is on the exchange, the company can sell new shares to raise cash whenever it needs to, up to $4.99 billion worth.
Lose the listing, lose that ability.
Bailey fires back
CEO David Bailey strongly disputed Patel’s analysis.
“Not only is the analysis nonsense — how does a reverse split have any relevance to our operating business? — but the basic facts are incorrect,” Bailey told DL News.
“If the reverse split isn’t approved we have another six months to get the votes, but we talk to our investors daily and it’s widely viewed as the right decision.”
Bailey is correct that if the initial vote fails, the Nasdaq could grant an additional 180-day extension.
But Patel argues that the issue isn’t about split mechanics. Instead, it’s about whether the business can function without constant capital raises.
‘Negative connotation’
Not everyone is bearish on the strategy, however.
André Dragosch, head of research at Bitwise, thinks the reverse stock split makes sense for Nakamoto.
“It’s true that their stock price has fallen quite significantly due to the crypto winter and the gradual distributions of early PIPE investors,” Dragosch told DL News referring to someone who buys shares of a publicly traded company at a fixed price before those shares become available to regular investors.
“A reverse stock split is usually done in order to avoid the impression of a ‘penny stock’ that bears a negative connotation.”
Track record
Patel also pointed out that the empirical evidence on the success of reverse splits is pretty poor.
Most companies post negative returns over the following six to 12 months, mostly because firms that execute them are typically in distress, “and split signals distress to the market without resolving it.”
Examples of unsuccessful splits abound. Citigroup executed a 1-for-10 reverse split in 2011 at around $4.50, only to see shares fall to $3 by November. AIG’s 1-for-20 split in 2009 didn’t stop its decline. RadioShack did a 1-for-10 split in 2013 and filed for bankruptcy two years later.
Bitcoin’s price dip has hurt a number of treasuries. Source: CoinGecko.
Moreover, institutional investors often have minimum price thresholds, so a reverse split could widen the buyer pool. But that’s only if there’s a fundamental reason to buy, Patel added.
And therein lies the problem.
Nakamoto investors pay just 59 cents for every dollar of Bitcoin the company holds. That deep discount reflects “structural concerns,” Patel said. That includes “dilution risk, ongoing operational burn, and weakened investor confidence following the forced Bitcoin sale.”
Even after the split, Nakamoto plans to keep its authorised share count at 10 billion — leaving billions of shares available for future issuance.
“That creates a substantial forward dilution overhang that is increasingly reflected in the share price,” Patel said.
Broken flywheel
Nakamoto’s troubles reflect acute stress across the entire Bitcoin treasury sector.
The model has been built on what’s called mNAV, or market-to-net-asset value. The idea is reasonably straightforward. Companies issue shares at, say, $110 to buy $100 worth of Bitcoin. That $10 premium is pure profit for existing shareholders. Then the company can buy more Bitcoin, issue more shares at a premium, repeat.
But when Bitcoin’s price falls, the flywheel reverses. Equity valuations compress, premiums evaporate, and access to low-cost capital tightens precisely when it’s needed most. Already last year, one in three Bitcoin treasuries slipped below their mNAV value in what one analyst called a “spiral of doom.”
Nakamoto was one of them — and its problems seem to have gotten even worse.
“It’s not a capitulation in the sense of abandoning the Bitcoin thesis but it is an admission that the equity structure is broken and they’re running out of runway that is beneficial to the shareholder,” said Patel.
Pedro Solimano is a markets correspondent with DL News. Got a tip? Email him at psolimano@dlnews.com.
MoonPay, WalletConnect, and Ingenico announced a partnership to enable stablecoin payments at physical retail locations globally using MoonPay Virtual Accounts for fiat settlement.
MoonPay announced a partnership with WalletConnect and Ingenico to bring stablecoin payments to physical retail locations at global scale. The integration leverages MoonPay Virtual Accounts to enable fast fiat settlement for in-store transactions powered by stablecoins.
WalletConnect provides wallet connectivity infrastructure, while Ingenico brings point-of-sale terminal capabilities and retail distribution. The partnership targets enabling merchants worldwide to accept stablecoin payments directly at checkout with immediate conversion to fiat currency.
Sources: MoonPay
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
WHY THIS MATTERS: The integration of payment infrastructure directly into the creative layer of platforms like Canva represents a crucial inflection point for embedded payments. This move significantly lowers the barriers to entry for millions of creators and small businesses operating in the $1 trillion-plus social commerce market. By turning any digital design—from a social media post to a brochure—into a direct, frictionless point of sale, PayPal is catering to the demand for instant monetization. The news underscores a wider industry trend: payments are no longer a separate checkout step but are seamlessly integrated into the core user experience. This empowers entrepreneurs to focus on content creation and audience building rather than managing complex e-commerce storefronts, accelerating the transition from content to commerce.
PayPal announced that PayPal Payment Links is now available directly in Canva, enabling 265 million monthly users worldwide to turn any design into a checkout experience. By bringing Payment Links to Canva, the global visual communication platform, the integration enables creators, entrepreneurs, and small businesses to easily go from design to payment and accept customers’ preferred payment methods through PayPal’s trusted global platform.
Until now, many creators have had to send customers to external websites or build separate storefronts and manage complex ecommerce tools just to complete a purchase. PayPal Payment Links in Canva bridges that gap by allowing creators to accept payments directly from their designs and turn content into revenue.
As global social commerce sales are projected to surpass $1 trillion by 2028,1 transactions are increasingly happening inside content, conversations, and communities rather than traditional online storefronts. For creators, the ability to turn the content they publish into an integrated revenue stream, regardless of format or channel, is becoming essential to compete and grow.
“Today’s entrepreneurs are no longer only building traditional storefronts—they are creating profitable businesses in real time through social content, online communities, and direct conversations,” said Taira Hall, Senior Vice President and Head of SMB Commercial at PayPal. “By pairing PayPal’s trusted global payment infrastructure with Canva’s creative workflow, we’re reducing the friction between inspiration and income and meeting them at point of need. With PayPal integrated directly in Canva, creators can move seamlessly from creating to getting paid.”
PayPal Payment Links Enable Canva Users To:
Sell virtually anywhere, instantly. Create a payment link or QR code and add PayPal checkout including PayPal, Venmo, and PayPal Pay Later2 to digital or printed designs and accept payments across social platforms, email, messaging apps, and in person, with no website required.
Create a simple, professional checkout. Generate a PayPal-hosted payment page and customize with your product images, details, and pricing in just a few clicks.
Build trust and sell globally. Offer customers a familiar way to pay, accept payments in multiple currencies, and reach customers across approximately 200 markets.
Get paid with confidence. Rely on PayPal’s trusted global reputation and fraud protection, with trackable receipts and transaction reporting to help you stay organized as you grow.
“We’re seeing an explosion of creators who want to earn directly from the content they’re already sharing, but until now, that’s often meant sending people off to another website,” said Emily MacDonald, Head of Revenue Platform at Canva. “Whether someone’s launching their first product, booking their next clients, or selling at a weekend market, having PayPal Payment Links right inside Canva means you can go from a bold idea to getting paid in just a few clicks, without ever leaving their design.”
By bringing payments directly into the creative workflow, PayPal and Canva are redefining how creators and modern entrepreneurs monetize their work. The PayPal Payment Links app is available globally through the Canva Marketplace. Learn more and start designing with PayPal Payment Links here.
PayPal is the Official Payment Partner of Canva Create on April 16, 2026 at Hollywood Park in Los Angeles, where the new Payment Links app will be featured on the Imagination Stage Presented by PayPal.
FF NEWS TAKE: This partnership is a definitive needle-mover, solidifying the trend of social commerce by making direct sales frictionless for a huge global user base. The key takeaway is the migration of checkout capabilities into non-traditional commerce platforms. We should now watch for how long it takes rival payment facilitators to match this deep integration within other dominant creator tools. The next phase of this will be the development of risk and compliance solutions specifically tailored for this new generation of spontaneous, content-driven micro-merchants.
Crypto trading has cooled in early 2026, and Wall Street analysts are racing to adjust their forecasts before companies report first-quarter earnings.
New research from Barclays and Oppenheimer shows multiple analysts are reaching similar conclusions, a few weeks into the second quarter. Expectations are coming down across the sector as trading volumes weaken and earlier projections look too optimistic.
Barclays took the most direct step, downgrading Coinbase (COIN) and warning that “global crypto trading activity has declined to a level not seen since the end of 2023.” The bank added that “absent a resurgence in near-term crypto trading activity, we see profitability under pressure at Coinbase.”
The slowdown is visible in the data. Coinbase’s March trading volume marked “the lowest volume month since September 2024,” Barclays wrote, with April showing “no signs of improvement.” For the first quarter, the bank estimates volumes fell roughly 30% from the prior quarter.
Coinbase and other exchanges charge fees on each transaction they facilitate, meaning lower volumes will lead to less revenue.
The mechanics are straightforward. When markets turn quiet, many traders step back. A retail user who once traded weekly during a rally may stop altogether when prices flatten. Multiply that behavior across millions of accounts, and exchange volumes drop quickly.
That matters because transaction fees remain the main revenue driver for most crypto platforms. Barclays underscored this risk, saying its forecast for Coinbase’s adjusted EBITDA is about 24% below the Street, driven largely by weaker spot trading and retail activity.
Crypto prices have pulled back in the first quarter, with the average price of major tokens falling sharply quarter-over-quarter. Bitcoin lost over 22% of its value in the first quarter of this year, while ether was down 29%.
Oppenheimer struck a similar tone but kept a more upbeat stance on Coinbase. The firm said it is cutting its forecasts due to softer crypto prices and lower trading activity in the first quarter, driven in part by broader economic uncertainty. It also noted that current Wall Street estimates still do not fully reflect the drop in trading volumes during that period.
That lag is now being corrected.
Across the industry, analysts are revising models downward to reflect a quieter market.
Oppenheimer cut its Coinbase volume estimate to $211 billion for the quarter, down from $244 billion previously, and now expects total revenue of $1.48 billion, below prior forecasts and consensus.
The reset is not limited to Coinbase. Oppenheimer said that Circle (CRCL) continues to expand the USDC stablecoin network, with stablecoin market cap and USDC transfer volume rising about 1% and 12% quarter over quarter, respectively.
Crypto platform Bullish (BLSH), the owner of CoinDesk, saw “strong on platform activity” tied to volatility in February, though spot volumes still missed expectations. As a result, Rosenblatt downgraded BLSH earlier this week while Compass Point downgraded CRCL — to “neutral” and “sell,” respectively.
Even these pockets of strength highlight the broader issue: the core business of crypto trading is slowing.
Efforts to diversify revenue streams are underway but may take time to offset the downturn. Coinbase’s push into becoming what it calls an “everything exchange” includes derivatives, tokenized assets and new markets. Barclays was skeptical, writing that the strategy is “likely to take a long time to pay off” and that it sees “little ‘right to win’ in new asset classes like equities.”
Stablecoins, often seen as a steadier revenue stream, also face uncertainty. Barclays pointed to ongoing debate in Washington over regulation, noting that the status of stablecoin rewards “remains in question.” At the same time, Oppenheimer sees near-term support from new use cases, saying “increased prediction market activity could support USDC growth.”
Still, those areas remain secondary to trading.
The broader takeaway is that analysts are moving preemptively. With earnings season approaching, firms are lowering estimates now rather than risk being caught off guard by weak results later.
Coinbase reports second-quarter earnings on May 7 and Bullish reports on April 23. Circle has not yet announced a date.
Leading privacy coins surge when crypto bigwigs talk about them.
Bitcoin and Ethereum made gains this week following US President Donald Trump’s announcement of a ceasefire with Iran.
The two biggest cryptocurrencies are up 8% and 9%, respectively, over a seven day period.
But the biggest winners this week are Zcash and Dash, having shot up by double digits, according to CoinGecko data.
Zcash is still well below its record set nearly a decade ago. Source: CoinGecko.
Zcash was trading for $371 on Saturday morning in New York — a 49% weekly rise — and Dash had shot up by nearly 53%. Dash, a smaller privacy coin, was priced at nearly $46.
Other privacy coins — including Monero — also made impressive gains: the original privacy cryptocurrency had risen by 7% over the past seven days.
The rise in privacy coins comes as top crypto entrepreneurs again pump the category: crypto entrepreneur Arthur Hayes this week spoke on Bitcoin podcaster Anthony Pompliano’s show where he again pumped Zcash.
And Changpeng Zhao, founder and ex-CEO of Binance, spoke about the dangers of public blockchains.
Privacy coins got a boost last year after AngelList founder Naval Ravikant wrote on X that while “Bitcoin is insurance against fiat,” Zcash is “insurance against Bitcoin” — making note of privacy concerns around the biggest public blockchain.
Since then, crypto bigwigs have pumped privacy projects and Winklevoss Capital, the venture capital fund owned by billionaire twins Cameron and Tyler Winklevoss, even backed a Zcash treasury company.
Foundry Digital, the world’s leading Bitcoin mining pool operator, in March announced it was debuting a mining pool for Zcash.
Crypto market movers
Bitcoin was trading for $72,727 per coin on Saturday, up more than 8% over the past week.
Ethereum’s price hit $2,244, a 9% seven-day jump.
What we’re reading
Mathew Di Salvo is a news correspondent with DL News. Got a tip? Email at mdisalvo@dlnews.com.
