Zcash (ZEC) surged to an intraday high of $1,249, its highest since late 2016, marking a weekly gain of over 45% and lifting its market cap to $20.44 billion, making it the ninth-largest crypto asset. The rally is driven by institutional interest, including the launch of Grayscale's Zcash ETF, which offers mainstream investors easier access. Additionally, the coin benefits from privacy features appealing amid growing interest in zero-knowledge encryption and artificial general intelligence (AGI) developments. This momentum also boosted mining activity, although increased competition slightly reduced miner revenue.
A large crypto investor increased long positions by about $10.62 million on Bitcoin, HYPE, and ZEC, bringing total long holdings to over $60.95 million. The account bought 96 BTC, 17,283 HYPE, and 1,215 ZEC at average prices of $81,597, $80.59, and $...
On October 12, U.S. spot exchange-traded funds (ETFs) tracking NEAR attracted $3.98 million in net inflows, led solely by the Bitwise NEAR ETF, which now holds $81.67 million in net assets. Meanwhile, Solana ETFs experienced combined net outflows of ...
Zcash (ZEC) experienced a 2.79% price increase within one hour, rising from $1,143 to $1,175 on Binance's ZEC/USDT spot market. This uptick occurred despite the token being down 7.69% over the previous 24 hours. During the same hour, liquidations on ...
Zcash (ZEC) experienced a sharp decline, falling 8.40% in just four hours to $1,135 and extending its 24-hour loss to 11.56%. This drop was accompanied by $2.66 million in long position liquidations on major exchanges Binance, Bybit, and OKX, compare...
Zcash (ZEC) experienced a sharp price decline of 9.36% over 24 hours, falling to $1,159 as of October 12. The drop included a 6.75% fall within four hours, with significant long-position liquidations totaling $5.07 million across Binance, Bybit, and ...
