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 aims to fix a critical security flaw by retiring the Orchard shielded pool and introducing a more secure replacement, boosting confidence in Zcash's privacy features. Technical indicators suggest continued bullish momentum, with resistance expected around $510-$516, potentially leading to further gains if surpassed.
Grayscale Research projects that Zcash (ZEC), a privacy-focused cryptocurrency, could rise to about $8,100 by 2030 if it grows to capture 10% of Bitcoin's market capitalization. This optimistic scenario is based on increasing demand for financial pri...
Bitcoin fell nearly 1% to around $79,000 during Asian trading as investors took profits after a week-long rally that boosted Bitcoin by about 23%. XRP led the broader crypto market decline, dropping over 4% but still up nearly 45% for the week. Other...
Grayscale has introduced a Zcash ETF, offering regulated exposure to the privacy-focused cryptocurrency ZEC despite recent reports of a critical privacy flaw in its shielded transactions. This flaw, if confirmed, challenges Zcash's fundamental value ...
Zcash's price rally to around $890 has significantly increased its mining revenue advantage over Bitcoin and AI high-performance computing (HPC). The Bitmain Antminer Z15 Pro mining Zcash now generates an estimated $727.30 per megawatt-hour (MWh), ab...
Zcash (ZEC) surged over 70% in a week, reaching around $885, its highest since 2018, driven by Grayscale's plan to convert its Zcash Trust into a spot ETF and an NU7 governance vote requiring shielded ZEC holdings. Despite a slight pullback below $82...
