Sanaichi Uchida: AI boosts stock prices and affects interest rates

Zcash activated the NU7 network upgrade at block height 4465026 in the test network.

Binance BNB/USDT is currently trading at $800.54, with a 5-minute increase of 0.09%. Please pay attention to market fluctuations.

Zcash advocacy organization PGPZ submitted its lobbying registration in Washington on October 1st, with Executive Director Divij Pandya as the sole lobbyist. The registration covers the CLARITY Act and two digital asset tax proposals. PGPZ founder Paul Brigner stated that the goal is to ensure that Zcash has serious, organized, and credible policy engagement in Washington. Zcash Community Grants has approved $750000 in funding for PGPZ's first year of work.

[PGPZ Officially Enters U.S. Washington Policy Lobbying to Promote Digital Asset Legislation and Tax Proposals] Zcash ecosystem policy advocacy organization PGPZ has officially entered U.S. policy lobbying, appointing Executive Director Divij Pandya as Chief Lobbyist. The primary focus includes advancing the implementation of the Digital Asset Market Clarity Act and tax proposals related to digital assets. PGPZ founder Paul Brigner stated that the lobbying goal is to secure policy engagement opportunities for Zcash, ensuring the legal existence of privacy-focused digital currencies in the U.S. and their service to public interests.

Glassnode indicates that the largest clearing cluster above Bitcoin is located around $90000, and reaching this level will result in leveraged short positions being liquidated. In the past two months, there have been small clearing clusters around $83000 and $75000, and any price level will accelerate market volatility.