ZEC Defies Market Carnage: Zcash Rallies While Bitcoin Crashes to $105K Amid $1.13B Liquidation Bloodbath

While the crypto market bleeds out, Zcash stages a stunning defiance against the bears.

The Great Decoupling

ZEC's rally continues unabated as Bitcoin collapses to $105,000—proving privacy coins can dance while others drown in red.

Liquidation Tsunami

Over $1.13 billion gets vaporized from leveraged positions across exchanges. Margin calls echo through trading desks like financial death knells.

Privacy Pays Off

Zcash's resilience showcases how niche assets sometimes outperform during market chaos—much to the chagrin of diversification-obsessed fund managers.

When everything crashes, sometimes the best hiding spot isn't gold or bonds—it's the coin Wall Street still doesn't understand.

TLDR

• Nintendo raised its Switch 2 sales forecast to 19 million units for the fiscal year ending March 2026, up from 15 million units previously
• The company has sold 10.3 million Switch 2 consoles since its June 2025 launch, exceeding expectations
• Nintendo increased its full-year operating profit forecast by 16% to 370 billion yen ($2.45 billion)
• Net profit for the quarter ending September 30 reached 102.9 billion yen, up 270% year-on-year
• The company asked manufacturing partners to produce up to 25 million Switch 2 units by March 2026

Nintendo increased its sales forecast for the Switch 2 gaming console to 19 million units for the fiscal year ending March 2026. The Kyoto-based company previously projected 15 million units for the same period.

Nintendo Switch 2 has sold 10.36 million units as of Sept 30th, 2025. 20.62 million software units sold.

Mario Kart World – 9.57 million
Donkey Kong Bananza – 3.49 million units pic.twitter.com/oJRcPuvTfQ

— Wario64 (@Wario64) November 4, 2025

The revision comes after the Switch 2 sold 10.36 million units since its June 2025 launch. The hybrid home-portable gaming device went on sale during President Donald Trump’s trade war with other countries.

Nintendo reported revenue of 527.2 billion yen ($3.7 billion) for the quarter ending September 30. This exceeded market expectations of 461.76 billion yen.

Nintendo Switch 2 has now sold over 10.3M units worldwide 🎮

It's still the fastest-selling video game console ever pic.twitter.com/wU3VxrveVY

— Culture Crave 🍿 (@CultureCrave) November 4, 2025

Net profit reached 102.9 billion yen for the quarter. Analysts had forecasted 63.6 billion yen.

The company raised its full-year operating profit forecast by 16% to 370 billion yen. Nintendo also increased its net sales projection to 2.25 trillion yen from 1.9 trillion yen.

Revenue ROSE over 90% year-on-year in the recent quarter. Profit increased by more than 270% compared to the same period last year.

Manufacturing and Supply Chain

Nintendo asked its manufacturing partners to produce up to 25 million Switch 2 units by March 2026. The company faced widespread shortages during the console’s launch earlier this year.

More than 2.2 million customers in Japan competed for units during the initial release. The higher production target aims to meet sustained demand across markets.

The Switch 2 retails for about $450. Despite the higher price point, demand remained strong in Japan and the United States.

Games and Software Sales

Software sales reached 11.95 million units in the September quarter. Popular titles included “Mario Kart World” and “Donkey Kong Bonanza.”

The company’s operating profit ratio in the first half of the year was 13.2%. This compared to 23.2% in the same period a year earlier.

Nintendo released “Pokemon Legends: Z-A” to support demand heading into the holiday shopping season. “Kirby Air Riders” is scheduled for release during the year-end period.

President Shuntaro Furukawa described the first holiday shopping season as a key proving ground. The company maintains good momentum toward that period.

Nintendo increased advertising spending to 64.6 billion yen in the latest quarter. This represented an 80% increase compared to the previous year.

The Switch 2 features backward compatibility with original Switch games. The hybrid design allows players to use the device as both a home console and portable system.

Nintendo’s shares have gained roughly 40% year-to-date. The stock closed down 0.8% ahead of the earnings release on Tuesday.

The company increased its dividend payout ratio to 60%. This reflects confidence in sustained revenue growth from the new console.