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Zcash Upgrades NU7 Dogecoin Golden Cross Cardano Surges 11%

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Zcash has activated its NU7 upgrade on the public testnet, marking a significant step in its development. The upgrade, which occurred at block 4,465,026, reduces the target block interval from 75 seconds to 25 seconds. This change is currently being tested with valueless coins, allowing developers and infrastructure operators to prepare for the transition. The upgrade also redirects 60% of transaction fees to a future-reward reserve and disables Sprout transactions, aiming to preserve the ZEC issuance schedule.

Dogecoin has achieved a golden cross on its daily chart, the first in 14 months. This technical indicator, where the 50-day exponential moving average crosses above the 200-day EMA, signals a bullish momentum. Dogecoin's price has risen by 3.88% in the last 24 hours, reaching USD 0.0962. The next key levels to watch are USD 0.095 and USD 0.098, with a clear breakout past USD 0.106 potentially targeting USD 0.12 and USD 0.16.

Cardano has surged by 11%, driven by increased futures open interest and positive funding rates. The rally follows several ecosystem announcements, including new projects with Petrobras to verify sustainability data. Cardano's price has reached around USD 0.273, with USD 0.30 identified as the next major upside target if the breakout is confirmed.

Metaplanet has adjusted its capital allocation policy to maintain 85% to 90% of its assets in Bitcoin. The company plans to limit Bitcoin-related borrowing to approximately 10% of its BTC holdings’ net asset value. As of September 30, Metaplanet held 44,000 BTC, demonstrating its commitment to Bitcoin as a core asset.

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