Bitcoin beats gold, surge to $100,000 in play

Your day-ahead look for Sept. 29, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Your day-ahead look for Sept. 29, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Zcash developers have begun merging Project Tachyon code into the Zakura Common codebase. The move marks a significant step in the project's ongoing development roadmap. The integration is aimed at dramatically improving the platform's private transaction throughput. The team's long-term goal is to achieve more than 50,000 private payments per second.

Decentralized finance protocol Aave rose 11% on speculation that the project may introduce a token burn mechanism. The broader crypto market showed resilience, with 72 out of 100 assets in the CoinDesk 100 index trading in positive territory. This came despite the 10-year U.S. Treasury yield climbing to 5.234%, a level that typically pressures risk assets. The simultaneous rise in bond yields and crypto prices suggests the digital asset market is currently decoupling from traditional macroeconomic headwinds.

Bitcoin rebounded above $84,000 on Monday after a period of decline, while broader crypto markets staged a modest recovery. Ether led gains among major tokens during the rebound. Crypto ETFs collectively attracted approximately $30 million in inflows on the day. Zcash (ZEC) bucked the trend, continuing its downward slide while its U.S.-listed fund was the only crypto ETF to record an outflow on Monday.

Blockchain.com, a London-based cryptocurrency services firm, is targeting a $500 million initial public offering. The company is aiming for a valuation of as much as $6 billion through the listing. Blockchain.com had earlier submitted a confidential IPO filing with the U.S. Securities and Exchange Commission. The confidential filing, made earlier this year, is a standard step companies take before formally going public.

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