Zcash (ZEC) surged dramatically, briefly surpassing $1,000 and entering the top 10 cryptocurrencies by market capitalization at around $17 billion. The coin has gained about 94% in the past month and over 2,300% in the past year, driven by strong demand and a $2.3 billion derivatives market that has amplified price moves through leveraged trading. The launch of Grayscale's Zcash ETF has provided a new regulated avenue for U.S. investors, boosting institutional interest. Despite a recent security setback, Zcash's recovery and upgrade have strengthened its position, though high leverage could lead to volatile price swings ahead.
Zcash surged 20% on September 4, reaching $1,023, its highest price in nearly a decade, fueled by $34.5 million in short position liquidations. The rally coincides with the strong performance of Grayscale's newly launched Zcash Trust ETF, which has c...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
Bitcoin surged past $81,000 in early September 2026, driven by fading expectations of a Federal Reserve rate hike and massive inflows into US Bitcoin ETFs, with single-day inflows reaching up to $730 million. Alongside Bitcoin, altcoins Zcash (ZEC) a...
Zcash (ZEC) has crossed the $1,000 mark following a strong rally driven by increased institutional interest, including Grayscale's push for a Zcash spot ETF, and rising use of its privacy features. Despite a previous sell-off due to a counterfeiting ...
