Zcash-Style Privacy Proposal for Bitcoin Base Layer
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reported that researchers from the Bitcoin cryptography firm Alloc Init published a 56-page paper on September 24 proposing Shielded Bitcoin. The design enables Zcash-style private transfers on the Bitcoin base layer without requiring a soft fork or consensus change. The specification was authored by Clara Shikhelman, Mikhail Komarov and Ale.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 September 2026. Not the outlet's figures.
BTC is trading at $84,433.10 with a 1-hour buy ratio of 50.4%, indicating a slight edge for buyers in the immediate short term. This contrasts with the 24-hour buy ratio of 48.4%, suggesting that recent buying pressure has weakened over the full day. The 1-hour volume delta is positive at +$848,774, while the 4-hour delta is significantly higher at +$4,925,078. However, the 24-hour volume delta is negative at -$21,199,423, showing that net selling has dominated the longer timeframe. The CVD for the 24-hour close is -$9,117,153, confirming that sellers have controlled the flow for the majority of the day.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.6%, which is slightly lower than the current 24-hour reading of 48.4%. Spot volume for the day was $677,578,219, which is 0.42 times the average daily volume, indicating a notably quiet trading session. Net buying occurred on only 2 of the 7 days, and the 8-day volume delta total was -$377,377,241. This suggests that the recent price change of +3.9% occurred despite a general trend of net outflows and reduced activity compared to the weekly average.