Grayscale's Zcash ETF (ZCSH) surpassed $500 million in assets just two weeks after its August 25 listing, driven by $70 million in outside inflows and a $100 million in-kind transfer from DCG International, an affiliate of the fund's sponsor. This means 20% of the fund's assets came from within the same corporate family, highlighting both genuine investor interest and internal capital movement. Zcash's price surge above $1,200, its highest since 2016, has attracted capital as Bitcoin's momentum stalls. The fund's growth reflects rising demand for privacy-focused assets amid increasing financial surveillance concerns, but the $500 million figure partly represents internal transfers rather than purely external investor appetite.
Zcash (ZEC) sees heavy short positioning among top Binance traders, with nearly 72% holding shorts, signaling bearish sentiment. However, aggressive spot market buyers continue to absorb supply, creating a divergence that challenges the bearish outlo...
Several long-time Bitcoin whales privately encouraged investor Dan Held to buy Zcash (ZEC) when it was priced between $100 and $400, before its recent surge past $1,000—the highest in nearly a decade. These whales funded their Zcash purchases by redu...
Zcash (ZEC) price surged over 53% from about $814 on Sep. 3 to a multi-year high of $1,249 on Sep. 6, driven by a derivatives short squeeze and strong technical momentum. Despite a slight pullback to around $1,150, key indicators remain bullish with ...
Cypherpunk Holdings clarified it has no connection to an unauthorized ZEC token on Robinhood's blockchain, emphasizing it only holds the native Zcash coin and its Nasdaq-listed CYPH stock. This statement comes amid a 250% surge in CYPH stock and a ra...
Zcash (ZEC) has surged about 50% recently, reaching above $1,200 from around $800, marking one of the strongest rallies in the current crypto cycle. However, technical indicators like bearish RSI divergence and a large gap above moving averages sugge...
