Crypto News
Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-Off
Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in long liquidations.
$1,186.08
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Zcash (ZEC) is a cryptocurrency that offers enhanced privacy features through zero-knowledge proofs, allowing for shielded transactions that protect user data. Utilizing the zk-SNARKs protocol, Zcash enables private transactions while maintaining the security and transparency of the blockchain. This focus on privacy sets Zcash apart from many other cryptocurrencies, providing users with the option to conduct fully private transactions.
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Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in long liquidations.
Winklevoss Asset Services files an S-1 with the SEC for a spot zcash ETF under ticker WINK. The proposed ETF will offer direct ZEC exposure.
Fortitude Mining has signed a non-binding agreement for up to $100 million of Bitmain’s next-generation zcash mining hardware.
Zcash price fell 23% from its September peak as ZCSH shed $93.56 million and the ZEC price tested key support.
XRP is valued at nearly 6% of bitcoin's market capitalization, a level Grayscale cites as context for how far rival digital currencies can grow. Zcash
Grayscale has filed for a zcash income ETF that would use options to pursue payments every two weeks. The proposed fund would offer indirect exposure to