9 years ago today, $ZEC hit $5,941.
Today its trading around $350, after climbing from $94 at the start of October, a move that finally broke an 8 year consolidation range.
> Halving on Nov 18 โ issuance drops to 1.56 ZEC
> Arthur Hayes publicly targeting $10K
> 8 year consolidation finally broken (cleared the $360 ceiling)
> Privacy infra expansion โ shielded ZEC now usable cross-chain (ex: Solana via Encifher)
Thereโs also been debate around supply verifiability and I think the founderโs transparent, on-chain accounting response prevented unnecessary panic. Confidence matters in assets built on trust + math.
For me, the story is simple: Privacy is not a trend. It's a structural need. @Zcash is one of the few projects with the research pedigree + cryptography stack to actually deliver it.
Top 20 looks close.
And if this momentum sustains into halving season โ we may not be talking about $350 for long.
NFA.
In the last few weeks there have been serious and concerning developments regarding my sonsโ father, Imran Khanโs treatment in prison. The Pakistan authorities have stopped all visits to him by his family and his lawyers. They have also postponed all court hearings. In addition to cutting off in- person visits, and in defiance of a court order, his weekly calls to his sons, Sulaiman and Kasim Khan, who are British and who live in London, were stopped on 10th September. We have received reports that the authorities have now turned off the lights and electricity in his cell and he is no longer allowed to leave his cell at any time. The jail cook has been sent on leave. He is now completely isolated, in solitary confinement, literally in the dark, with no contact with the outside world. His lawyers are concerned about his safety and well-being.
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These actions come in the context of ongoing targeting of Imranโs family, as well as his party (PTI) members and supporters in an attempt to silence them and all political opposition in Pakistan. Imranโs nephew, Hassan Niazi, a civilian, has been detained in military custody since August 2023. More recently, Imran Khanโs sisters, Uzma and Aleema Khan, who have continued to speak out on his behalf, have also been arrested as they made their way peacefully to a demonstration and they are currently being held in jail, despite there being no proper or lawful basis for their imprisonment.
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In June this year the UN Working Group on Arbitrary Detention found that Imran is unlawfully and arbitrarily detained and called for his immediate release.
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ย As a matter of urgency , we are calling for Imran Khanโs release, and for the release of his sisters and nephew as well as for his sonsโ contact with their father to be re-established, so that they may have assurance first-hand that he is well and not being mistreated.
Israel Ministry of Foreign Affairs:
We are reporting that an unusual incident has been investigated at the Israeli Embassy in Sweden.
It is emphasized that all embassy employees are safe, and none of them were injured.
๐ฎ๐ถ Islamic Resistance in Iraq:
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The targeting of the [US] Ain Al-Assad base, announced by the Americans, is a suspicious act that may be carried out by a group linked to the Americans themselves.