Zcash (ZEC) surged 21% after Foundry, the world’s largest Bitcoin mining pool, announced it would start supporting ZEC mining, marking a significant institutional endorsement. This move is notable because Foundry has historically mined only Bitcoin, highlighting growing confidence in Zcash. Interest in Zcash is also fueled by its focus on quantum-resistant cryptography and the upcoming Tachyon upgrade, which aims to enable fast, private mobile transactions. Technically, ZEC broke key resistance levels, though a short-term pullback may occur before further gains.
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
ZCash (ZEC) surged 13.85% on July 14 and continued rising by 1.6% the next day, breaking through key resistance levels at $500 and $560. This follows a recovery from a critical vulnerability discovered in May that caused a sell-off. Technical indicat...
