Zcash (ZEC) has risen above the $500 resistance, reaching a local high of $545 before a slight pullback, signaling strong upward momentum. A major whale linked to karna0x closed a $9.8 million short position, incurring a $3.8 million loss as the market surged. This short squeeze led to over $11 million in short liquidations, pushing many traders to switch to long positions, with the Long/Short Ratio exceeding 1. The technical indicators suggest a modest bullish trend, with potential to test $600 resistance if buying pressure continues, though sellers remain active and a drop below $500 is possible if profit-taking increases.
Uniswap (UNI) surged 13.66% to $2.93, leading the top gainers in the crypto market driven by recent positive developments in decentralized finance (DeFi). Other notable gainers include Stellar (XLM), Injective (INJ), Zcash (ZEC), and Jupiter (JUP), e...
Zcash (ZEC) surged nearly 14% in 24 hours with trading volume up 40%, signaling fresh capital inflow. Leveraged trading increased, with Open Interest rising 26% to $1.14 billion, showing strong bullish conviction. The price reclaimed support at $404 ...
Bitcoin jumped above $66,000, with Ethereum, XRP, and Dogecoin also rising up to 13% following a U.S.-Iran peace agreement that increased investor risk appetite. Despite significant trader liquidations totaling over $600 million in 24 hours, spot Bit...
Zcash (ZEC) has surged more than 15% in 24 hours, outperforming major cryptocurrencies like Bitcoin and Ethereum during the current market rebound. Its market cap has risen above $8 billion, making it one of the top gainers among large-cap altcoins. ...
Zcash (ZEC) surged 17% within 10 hours, rising from $426 to nearly $500 after deploying an emergency hard fork to fix a critical vulnerability in its Orchard pool. This move added over $1 billion to ZEC's market cap and liquidated more than $13 milli...
