Zcash Surges Past $500 Amid Whale Accumulation and Bullish Sentiment

In a striking divergence from a stagnant broader cryptocurrency market, the privacy-focused token Zcash (ZEC) has surged past the critical $500 psychological barrier, posting a 20% weekly gain. This rally is underpinned by aggressive accumulation by large-scale investors, known as whales, and heightened activity in derivatives markets, creating a potent supply shock. With bullish predictions now targeting the $1,000 mark, ZEC’s performance highlights a growing investor focus on digital privacy assets.

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StarkWare CEO: Corporate Blockchains Will Fail Without Decentralization

StarkWare CEO Eli Ben-Sasson predicts that corporate-controlled blockchains will ultimately fail despite initially driving mainstream adoption. He argues that users will reject chains controlled by central entities, contradicting blockchain’s fundamental principles. Ben-Sasson doubled down on his stance that ‘corpo’ chains cannot survive long-term without embracing true decentralization.

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Starknet Launches Bitcoin Staking with $12M STRK Incentive

Layer 2 network Starknet has officially launched Bitcoin staking alongside a 100 million STRK incentive program to boost the BTCFi ecosystem. The initiative allows Bitcoin holders to earn rewards while maintaining custody of their assets through wrapped BTC tokens, marking a significant expansion of Bitcoin’s utility beyond its traditional Proof-of-Work consensus mechanism. This development represents a major step forward in bringing decentralized finance capabilities to the Bitcoin ecosystem while preserving its core security principles.

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Starknet Launches Bitcoin Staking with 100M STRK Incentives

Starknet has launched Bitcoin staking capabilities, allowing users to stake BTC while maintaining custody of their assets. The Ethereum layer-2 network is distributing 100 million STRK tokens to incentivize Bitcoin-related activity and position itself as Bitcoin’s financialization layer, marking a strategic pivot toward Bitcoin scaling while maintaining Ethereum compatibility.

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