🏴 ZEC & NEAR Will Eat BTC & ETH

Q: ZEC won this cycle's "Bitcoin Bid" per David Hoffman, as Bitcoiners hedge their BTC exposure with Zc

ZEC won this cycle's "Bitcoin Bid" per David Hoffman, as Bitcoiners hedge their BTC exposure with Zcash.

Q: NEAR is the likely smart contract Schelling point, drawing the bid away from ETH and the blue chips.

NEAR is the likely smart contract Schelling point, drawing the bid away from ETH and the blue chips.

Q: CFTC warned prediction markets over "mention" contracts, and NYSE partnered with Blockchain.com for

CFTC warned prediction markets over "mention" contracts, and NYSE partnered with Blockchain.com for tokenized U.S. stocks and ETFs.

·Wednesday, September 23, 2026·5 min read

Crypto/Web3 Finance

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AI Summary

Bankless's newsletter argues ZEC and NEAR are drawing capital away from BTC and ETH, with David Hoffman opining that ZEC won this cycle's 'Bitcoin Bid' and NEAR may win the smart contract version. It also covers the CFTC warning against prediction-market 'mention' contracts, NYSE and Blockchain.com partnering to offer tokenized U.S. stocks and ETFs, and BlackRock suggesting AI adoption could boost crypto demand. The market table shows BTC, ETH, SOL, and HYPE down while ZEC is flat and LIT is up 12%.

Key Facts

✓ZEC won this cycle's "Bitcoin Bid" per David Hoffman, as Bitcoiners hedge their BTC exposure with Zcash.

✓NEAR is the likely smart contract Schelling point, drawing the bid away from ETH and the blue chips.

✓CFTC warned prediction markets over "mention" contracts, and NYSE partnered with Blockchain.com for tokenized U.S. stocks and ETFs.

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