Zcash (ZEC) surged about 17% to around $545 after Forbes included it among the top 10 cryptocurrencies to buy, highlighting its strong fundamentals like real-world utility and store-of-value potential. The rally is supported by a tightening supply as nearly one-third of ZEC coins are held in shielded addresses, reducing liquid availability, and the 2024 halving which cut block rewards, slowing new coin issuance. Regulatory concerns eased after the SEC closed a two-year investigation without action, though risks remain from past security vulnerabilities and upcoming EU restrictions on privacy coins. The long-term outlook depends on broader adoption and how privacy coins navigate increasing regulation.
A four-year vulnerability in Zcash's Orchard protocol allowed potential unlimited counterfeit ZEC until a patch was issued in early June. Market data revealed a 12-13 times surge in ZEC trading volume on May 26, days before researchers privately disc...
After a sharp selloff, Bitcoin is stabilizing above the $60,000 support level with signs of momentum improving, though it faces strong resistance around $64,800 and higher EMAs. Dogecoin and Shiba Inu remain in long-term downtrends with weak momentum...
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
ZCash (ZEC) has seen a 7.04% price increase recently, supported by a 51.5% rise in trading volume and bullish technical indicators like the CMF and Awesome Oscillator. The token tested support around $370 and is now challenging the psychological resi...
Zcash price surged above $500, driven by increased trader activity ahead of the July 28 Ironwood network upgrade. Open interest in futures rose 27% to $1.02 billion, and trading volume increased 49%, signaling strong market participation. The upgrade...
