Zcash (ZEC) surged over 33% in 24 hours after Grayscale Zcash Trust accumulated about $46 million in shielded ZEC, signaling strong institutional interest. This move follows Grayscale's November 2025 filing to convert its Zcash Trust into the first US-listed spot ZEC ETF on NYSE Arca, potentially opening a major regulated market for ZEC. The SEC's closure of its Zcash investigation in January 2026 removed a key regulatory hurdle, boosting confidence. The use of shielded transactions highlights Grayscale's commitment to ZEC's privacy technology, suggesting long-term conviction rather than speculation. However, analysts warn of possible short-term corrections after the sharp rally, with key price levels to watch for sustained momentum.
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
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,...
