密圈小Q

In the past few days, Zcash (ZEC) has been nothing short of galloping ahead, not only outperforming Bitcoin (BTC) and Ethereum (ETH), but even becoming the focus of the entire market.
In just the past 24 hours, ZEC soared by 18%, with trading volume surging by 74% to 1.24 billion USD.
It's worth noting that it just dropped by 30% last month... now this wave is a direct V rebound, and the sentiment is completely different.
What's even more exaggerated is: ZEC rose by 25% in one week, successfully breaking through the long-term trend line, and stabilized in just 24 hours. Many analysts have started to shout - the upward trend of 2025 may have just begun.

Recently, everyone has been talking about the DOGE ETF, and it seems the sentiment is quite hot, but reality has dealt the market a 'blow': the price of Dogecoin has continued to weaken, even breaking through key support and setting new lows.
In simple terms—on-chain data has improved, activity has increased, but the price has not only failed to rise but has fallen instead. The reason lies in: institutional dominance in the market, increased selling pressure, and a clear weakening of momentum.
The ETF heat is on, but the price can't hold up.

In the past few days, the ETF topic has heated up again:
21Shares and Grayscale have both submitted applications for a DOGE spot ETF in advance.
The number of active addresses on the chain skyrocketed to 71,589 (the highest since September).

In the past 24 hours, Dogecoin has risen above $0.15 again, with a daily increase of nearly 5%, and a cumulative rise of over 10% in two days. After experiencing a deep correction recently, is this rebound a true reversal or merely a 'counter-trend pullback' due to the overall recovery of the market? Both the technical and fundamental aspects of Dogecoin seem to be giving some new signals.
Dogecoin trading volume is recovering, and buying activity is becoming active again.

Bought back from $0.13 all the way to the $0.15 range, with trading volume and momentum starting to rise in sync:
Buyers are clearly flowing back.
Market activity is increasing.
The cryptocurrency sector is rebounding overall, driving the meme sector to warm up synchronously.

Last night, the cryptocurrency market experienced another surge, with Bitcoin soaring directly to $92,000, a more than 6% increase in 24 hours, completely recovering the losses from the day before. Ethereum also broke through the $3,000 barrier, bringing the total cryptocurrency market cap close to $3.2 trillion.
The biggest catalyst behind this:
The market is betting that the Federal Reserve will cut interest rates in December.
BTC and ETH both exploded: Bitcoin broke through $92,000, and Ethereum stabilized at $3,000.

Last night around 10 PM Taiwan time, Bitcoin suddenly launched a strong attack:
At one point, it broke through $92,000 multiple times.
24-hour increase of 6.02%

Recently, a very interesting phenomenon has appeared in the cryptocurrency market:
The Solana spot ETF has experienced the largest capital outflow in history, while the XRP ETF has absorbed 90 million dollars in one go.
Funds are starting to be reshuffled, and market sentiment is changing accordingly. Let's quickly understand what has happened below 👇
The Solana ETF has seen record outflows, but the SOL price has rebounded against the trend.

According to SoSoValue data, the Solana spot ETF recorded a capital outflow of 13.55 million dollars on December 2 — the largest since its listing.
Among them:
21Shares Solana ETF (TSOL) redeemed 32.54 million dollars in a single day

Although the cryptocurrency market in 2025 is full of fluctuations, there is one sector that is quietly accelerating its rise - privacy coins.
Whether it's RWA, NFTs, or application projects blooming in various forms, the most surprising 'dark horse' this year is actually the privacy sector that everyone thought had already cooled down.
Especially Zcash (ZEC), this year's performance can be described as a 'comeback of the king'.
Privacy coins are fully rebounding, with ZEC being the biggest winner.

Since 2025, the demand for 'private transactions' has suddenly exploded among investors.
Privacy coins like XMR and ZEC originally had a group of staunch supporters, but this year they have truly entered the mainstream view.

The encrypted market welcomes an important development - 21Shares' US spot XRP ETF has been officially approved and will be listed on Cboe on Monday, under the code TOXR.
This means that 21Shares has become the fifth issuer in the US to launch an XRP ETF, and the enthusiasm from institutions is far beyond expectations.
XRP ETF approved for launch: TOXR trading starts on Monday

According to the latest documents, 21Shares has been approved by the SEC, and its spot XRP ETF will be listed on Cboe BZX on Monday, with the trading code TOXR.

This listing is automatically approved after the issuer submitted the 8-A document to the SEC, indicating that the ETF has completed the final regulatory process and is ready to officially enter the market.