Evernorth&#8217;s Nasdaq listing could enhance institutional confidence in XRP, 
potentially boosting its adoption and integration in financial systems.
The post XRP treasury Evernorth files with SEC to advance Nasdaq listing plan 
appeared first on Crypto Briefing.

XRP treasury Evernorth files with SEC to advance Nasdaq listing plan

Bitcoin briefly fell below the $70,000 mark, reaching a low of $69,536, due to 
a liquidation event by an early holder who sold 650 bitcoins. However, bitcoin 
quickly recovered to around $70,200, demonstrating its resilience. The Alleged 
Gunden Exit Bitcoin (BTC) briefly surrendered the psychologically critical 
$70,000 level for the first time since March 12, […]

Bitcoin Reclaims $70,000 as Middle East Energy Strikes Trigger Flight to Safety

Ancient Bitcoin whales and long-term holders are selling their sats as the US- 
Israeli war with Iran extends to key energy infrastructure, leading to sharp 
spikes in oil and gas prices.

Bitcoin whales move millions as Iran war sends oil surging

Cypherpunk Technologies CIO Will McEvoy is making a blunt case for Zcash: the 
market is undervaluing ZEC because it still has no coherent way to price 
privacy. In a thread published Tuesday, McEvoy argued that the discount is 
especially striking as AI-driven surveillance expands and demand for financial 
confidentiality becomes easier to justify. McEvoy’s core claim is simple. 
“Zcash is the most mispriced asset in crypto because privacy is the most 
mispriced asset in society,” he wrote. “The market has no real framework for 
valuing privacy so it gets ignored. The upside is asymmetric nonetheless.” Why 
Zcash Could Be &#8216;Mispriced&#8217; He built that argument around relative size. At the 
time of his post, McEvoy put ZEC at $263 with a $4.4 billion market 
capitalization. Against that, he listed Bitcoin at $1.45 trillion, gold at 
$34.8 trillion, offshore wealth at $11.3 trillion, stablecoins at $312 
billion, and Monero at $6.8 billion. The point was less about direct 
comparability than scale: by McEvoy’s framing, Zcash remains “just a rounding 
error” in every market it could plausibly intersect. Related Reading: Zcash Is 
The Last Possible 1000x In Crypto, Venture Capitalist Says That thesis runs 
through each benchmark. Relative to Bitcoin, McEvoy argued Zcash is still tiny 
enough that even a modest re-rating would imply a large move. He wrote that if 
ZEC reached 0.5% of Bitcoin’s value, it would imply a price of $446, or about 
1.7 times higher. At 1%, the implied price rises to $891; at 2%, $1,782; and 
at 5%, $4,456. His summary line was as compressed as the valuation case 
itself: “Zcash is encrypted Bitcoin.” The offshore wealth comparison is more 
pointed. McEvoy described privacy not as a niche preference, but as something 
people have historically paid for at scale. “There is $11.3 trillion in 
offshore wealth,” he wrote. “People pay a premium for privacy. They always 
have. They always will.” From there, he argued that if Zcash captured 0.1% of 
that market, the implied price would be $680. At 0.5%, it would be $3,402, and 
at 1%, $6,804. “Zcash is a Swiss bank account in your pocket,” he added. His 
gold comparison extends the same logic into a more traditional store-of-value 
frame. “Gold is private. You can hold it. No one knows how much you have,” 
McEvoy wrote. “Zcash has the same properties but it’s digital, portable, and 
programmable.” On that basis, he modeled ZEC at $1,048 if it reached 0.05% of 
gold’s value, $2,095 at 0.1%, and $10,477 at 0.5%. Related Reading: Zcash 
Surges Post-SEC Probe: Is a Fresh Yearly High on the Horizon? McEvoy also 
positioned Zcash as a response to the visibility built into much of crypto’s 
existing payment infrastructure. “Stablecoin transactions are tracked. Wallets 
are surveilled,” he wrote, before laying out price scenarios based on ZEC 
reaching 5%, 10%, or 25% of the stablecoin market. Those levels implied prices 
of $939, $1,877, and $4,692, respectively. He also compared Zcash to Monero. 
McEvoy argued Zcash offers “stronger cryptography, optional transparency for 
compliance, and better scalability,” then laid out a simple relative-value 
table: parity with Monero would imply $410 for ZEC, double Monero’s value 
would imply $819, and five times Monero’s value would imply $2,047. “The 
privacy coin throne is not yet claimed,” he wrote. His closing point tied the 
whole thesis to a broader technological shift. “Artificial intelligence is the 
attack. Zcash is the defense,” McEvoy said. “AI decodes all the data. Zcash 
encrypts all the data. AI is the surveillance state. Zcash is the sovereign 
individual. As AI advances, privacy becomes more valuable, not less.” At press 
time, ZEC traded at $244.77. Featured image created with DALL.E, chart from 
TradingView.com

Zcash Is Crypto’s Most Mispriced Asset, Cypherpunk CIO Says

The Algorand Foundation has reduced its workforce by 25% amid market 
uncertainty, even as the SEC clarified ALGO’s status as a digital commodity. 
The move reflects a strategic reset rather than a retreat from long-term 
growth. Layoffs Hit Algorand as Market Pressures Collide With Regulatory 
Clarity The Algorand Foundation has announced a 25% reduction in […]

Cryptocurrency price in ARS