X @Santiment

Altcoins and Bitcoin Market Dynamics - Altcoins like $SOON, $ICP, $DASH, $ZEC, and $FIL experienced strong surges while Bitcoin fell 85% this week [1] - Bitwise's Spot DOGE ETF filing renewed optimism for Dogecoin [1] - Market momentum is shifting away from Bitcoin dominance [1] Privacy Coins - Zcash ($ZEC) surged past $630, reaching a 7-year high and a $10 billion market cap after a 15x rally since September [3] - Renewed interest in privacy coins is driven by projects like Zcash and Monero [3] - Demand for decentralized, private transactions and cross-chain privacy solutions fuels the momentum [3] Market Events and Impact - Rockstar Games delayed Grand Theft Auto VI to November 19, 2026, triggering a 10% drop in Take-Two Interactive shares [2] - Polymarket traders price a nearly 48% chance Bitcoin hits $1 million before GTA 6's release [2] Global Crypto Initiatives - Kazakhstan plans to launch a $1 billion national crypto reserve fund by early 2026 [4] - The Kazakhstan fund will invest in crypto ETFs and related companies, avoiding direct Bitcoin holdings [4] Ecosystem Growth - USDC surpassed USDT in on-chain volume, driven by major payment integrations and growing adoption [5] - Base ecosystem gains traction with new dApps, AI agents, and innovative DeFi tools [5]