Zcash-style private Bitcoin transfers proposed without soft fork
Zcash (ZEC)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that researchers have proposed a method for shielded Bitcoin transfers using zero-knowledge proofs and encrypted notes. This approach aims to hide transaction details without requiring a change to Bitcoin consensus. However, the researchers have raised questions regarding the anonymity and quantum resistance of the proposal.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 25 September 2026. Not the outlet's figures.
Zcash is trading at $1,546.62 with a 24-hour buy ratio of 55.8%, indicating that buyers are currently in control of the market. The 1-hour buy ratio has dropped to 48.0%, showing that short-term buying pressure is fading compared to the broader 24-hour trend. Volume Delta for the last hour is -$229,569, meaning more money is leaving the market than entering it right now. Over the past 24 hours, Volume Delta is +$34,754,208, showing that net buying has been strong recently. The Cumulative Volume Delta (CVD) for the 24-hour period is +$35,140,490, confirming that buyers have dominated the session overall.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.0%, while the latest day saw a buy ratio of 55.8%, which is 5.8 points above the average. This suggests that today is an unusually strong day for buyers compared to the weekly norm. Volume over the last 24 hours is 0.65x the weekly average, indicating that trading activity is lower than usual despite the higher buy ratio. Net buying occurred on 4 of the last 7 days, with a total Volume Delta of +$46,608,397 for the period. The price has risen 5.4% over the last 8 days, reflecting the sustained but intermittent buying pressure.