Zcash (ZEC) price pulled back from a multi-year high near $1,290 to trade around $1,139, facing resistance at $1,206 and support near $1,123. The retreat followed liquidation of leveraged long positions and profit-taking amid rising market risks like inflation concerns and geopolitical tensions. Technical indicators suggest that holding above $1,100 is crucial to avoid further declines toward $1,000, while reclaiming $1,206 could lead to a renewed rally. Uncertainty around a potential code vulnerability also adds caution for traders.
Swiss crypto platform SwissBorg has added Zcash (ZEC) and Litecoin (LTC) to its European listings, allowing trading in compliance with current regulations. This move comes amid a strong rally in Zcash, which recently surpassed $1,000. The listing lev...
Dash (DASH) surged 165% from $29.62 to $78.68 in under three weeks, driven by bullish sentiment in privacy coins like Zcash. After hitting a key supply zone near $80, DASH entered a corrective phase, dropping about 31% to test support around $55 and ...
Filecoin surged 22.49% to $0.9870, driven by increased investor interest in its decentralized data storage model and recent network upgrades. This rise highlights a market trend favoring projects with practical use cases and technological progress. M...
Grayscale reports that Zcash mining rewards are about twice as high as Bitcoin's per mining rig and four times higher per unit of electricity, making Zcash mining highly profitable. This profitability has led to a 2.5-fold increase in Zcash mining ac...
Zcash mining currently generates about $708 per megawatt-hour (MWh) of electricity, nearly four times the $179 per MWh earned by Bitcoin mining with comparable equipment. This higher gross revenue is driving new miners and institutional players to Zc...
