Zcash mining has become significantly more profitable than Bitcoin mining on an individual rig basis, with miners earning roughly twice as much per rig and about four times more per megawatt hour, according to Grayscale Research. This increased profitability has led to a more than 2.5-fold rise in Zcash mining activity this year. The Zcash token price has also surged 14% over the past week, boosting mining rewards and network security. However, some analysts warn that Zcash's rapid price rise may face a correction after reaching high levels.
Binance founder Changpeng Zhao (CZ) expressed strong support for major cryptocurrencies including XRP, Zcash (ZEC), and Solana (SOL) amid controversy over Solana's expansion efforts in China. Solana's new office and advertising campaign in Shanghai f...
Zcash (ZEC) is currently trading below its 20-day exponential moving average (EMA) of $1,277.62, a critical resistance level for confirming a recovery. The next support levels are at $1,189.44 (50-day EMA), $1,183.48 (daily pivot), and $1,112.92. Mom...
Bitcoin recovered to $82,295 after dropping below $80,000 for the first time in over a month, triggering significant liquidations mainly from long positions. Altcoins performed well, with Zcash surging 10.29%, Ethereum up 4.17%, and Solana rising 3.0...
Zcash (ZEC) price rose 2.61% within one hour to $1,238 on October 16, with a 24-hour gain of 11.50%. This price increase coincided with $850,000 in short liquidations across Binance, Bybit, and OKX, while no long liquidations occurred during that hou...
In the latest 24-hour crypto market flows, Ethereum (ETH) recorded the largest net inflow at $74.21 million, followed by Solana (SOL) and Zcash (ZEC). Meanwhile, stablecoin USDC and meme coin Dogecoin (DOGE) experienced the largest net outflows, with...
