Zcash co-founder Eli Ben-Sasson is putting numbers on the table. A few days back, he called ZEC above $1,200 by September 25, and it hit. Now he has set his end-of-year target at $5,000. His reasoning is that ZEC is like a second type of Bitcoin, and a large portion
21Shares has launched two physically backed crypto exchange-traded products for Zcash and ether.fi, giving European investors access to the assets through traditional brokerage accounts. The 21Shares Zcash ETP, trading under the ticker ZCASH, and the 21Shares ether.fi ETP, listed as ETHFI, began trading on Euronext Amsterdam and Euronext Paris on
Zcash (ZEC) has extended its recent rally, climbing above $1,300 on September 17 as buying activity accelerated across the privacy-focused cryptocurrency. ZEC reached an intraday high near $1,389 and was trading around $1,360 at the latest update, according to CoinGecko data. The token gained more than 20% on September 16
The chief research officer of Grayscale Research, Zach Pandl, connected the recent bond repurchases by the US Treasury to increased pressure exerted by the level of government debt. The US Treasury will conduct more open market purchases of long-term notes and bonds prior to their retirement. According to Pandl, the
As of August 27, Zcash (ZEC) is showing a potential head-and-shoulders formation, with the price currently shaping the right shoulder around the $820-$830 area. Moreover, the neckline sits near $750, making that level critical for the token’s short-term direction. On the other hand, ZEC is trading around the $792.25 level,
THORChain has launched version 3.20 of its decentralized exchange protocol, adding native support for Monero (XMR) and Zcash (ZEC) swaps. The upgrade allows users to exchange the two privacy-focused assets directly with cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and stablecoins. Previously, users looking to move XMR or ZEC into other
As of July 30, Zcash (ZEC) is found under pressure. The broader market continues to dictate its direction under the bears. Also, several attempts have been made to attract the potent bulls. The negative price alignment confirms that sellers dominate the charts. Only when the buyers enter the ZEC market
Zcash (ZEC) has put up a 12.24% rise in value and is currently trading within the $570 mark. It has been riding a clean ascending channel, respecting every higher low along the way. Notably, it’s a sign that buyers are consistently stepping in at higher prices, which is what a
Zcash (ZEC) is attempting to escape the bearish barrier, displaying a bullish trait on the chart. Over the last 24 hours, the asset has registered a 4.82% gain in value. In the morning hours, it traded at $444.72, and with the bullish shift in the ZEC market, the price has
Zcash (ZEC) is currently trading at around the $230 range, followed by a 3.72% gain in value over the last 24 hours. It opened the day trading at a low range of $221.29, and with the bullish turn, the asset’s price has jumped to a high of $234.40. ZEC has
