Zcash (ZEC) is at risk of a 30% price decline toward $320-$340 if it fails to break resistance near $500. The price currently tests the upper boundary of a descending channel, with a $1.55 million short liquidation cluster near $500 possibly pulling it up briefly. However, a larger $41 million long liquidation risk near $380 could accelerate a downside move if ZEC reverses lower. This bearish outlook follows a volatile period after a critical vulnerability was fixed in early June, with a new shielded pool upgrade planned for late July to improve supply verification.
Zcash faced a major setback after a critical vulnerability in its Orchard shielded pool was found, causing its price to drop over 50%. This flaw allowed undetectable minting of unlimited ZEC, undermining trust in its privacy and supply. Founder Zooko...
MemeCore surged 10.84% to $1.35, driven by increased trading volume and social media buzz about a potential new partnership. Meanwhile, LAB plummeted 65.36% to $5.00 following regulatory scrutiny, significantly impacting its market cap. Other notable...
Zcash (ZEC) price dropped below $450, hitting $437 after a 1.74% daily decline. Major crypto trader Garret Jin doubled his short position on ZEC to 32,759.57 coins, worth about $14.9 million, signaling strong bearish sentiment. Futures data shows sig...
The US dollar slid toward two-week lows after a weak June jobs report showing only 57,000 new nonfarm jobs, which lowered expectations for Federal Reserve rate hikes. This shift reduced the odds of a September rate increase from 65% to about 50%, eas...
Cardano (ADA) surged 30% in a week, reclaiming the 13th spot in crypto rankings by overtaking Stellar (XLM). The rally follows a period of market fear and uncertainty, which created buying opportunities and led to nearly 15,000 new ADA wallets. Found...
