Zcash Plunges Double Digits After ECC Team ‘Constructively Discharged’

The post Zcash Plunges Double Digits After ECC Team ‘Constructively Discharged’ appeared com. In brief The CEO of the Electric Coin Company said his entire team was “constructively discharged” following a disagreement with its non-profit board members. The board said in a statement it was due to potential issues surrounding plans to privatise Zashi, a Zcash-centric mobile wallet. It said the plans could allow donors to sue and “jeopardize the entire Zcash ecosystem.” The price of Zcash has plunged by double digits after the entire team of the Electric Coin Company-which created and contributed to the popular privacy coin-left the company. Zcash is down 18. 2% in the past 24 hours to $397. 27, according to CoinGecko data. It’s also down 24% over the past 7 days. Zcash had a very strong year price-wise, rising over 670% amid more mainstream interest in privacy coins. In a tweet, Josh Swihart, former CEO of the Electric Coin Company, said his entire team was “constructively discharged” following a disagreement with the majority of Bootstrap’s board members, a 501(c)(3) nonprofit created to support Zcash. Over the past few weeks, it’s become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into.- Josh Swihart 🛡 (@jswihart) January 7, 2026 He said that specifically, Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai had “moved into clear misalignment with the mission of Zcash.” Swihart said he and the team would be founding a new company with the same mission of “building unstoppable private money.” The former CEO didn’t give any details about the project-such as what it is called, when it will roll out, or whether a new token might emerge. In U. S. employment law, “constructive discharge” is when a worker’s resignation can be classified.

3 Best Cryptos Smart Investors Are Buying After the Fed’s Rate Cut

The post 3 Best Cryptos Smart Investors Are Buying After the Fed’s Rate Cut appeared com. Following the Federal Reserve’s 25-basis-point reduction yesterday, markets are awash with liquidity, encouraging a risk-on attitude and spurring investors to play high-potential crypto wagers. With institutional demand toward Solana (SOL) and Shiba Inu (SHIB) benefiting from speculative hype, people are focusing fast on Mutuum Finance (MUTM), a new cryptocurrency invading the DeFi space and now widely regarded as which crypto to buy today for short-term gains. At present in Phase 6 of the presale, MUTM is more than 80% sold out, and more than $18. 27 million has been raised at $0. 035 per token. Its dual-lending mechanism, combining Peer-to-Peer and Peer-to-Contract lending, offers early investors the advantage of optimizing capital efficiency and profit in a market where liquidity is presently booming. As the Fed lowers rates, projects like MUTM, in its nascent stage, will be helped by increasing market demand for risk, allowing it to outshine mature altcoins. With only limited presale tokens available, this is a limited entry opportunity for investors deciding which crypto to buy today for short-term profits before a project that can potentially experience 10x or more growth as 2025 goes by. Shiba Inu (SHIB) Coiling for Its Next Giant Move as Volatility Squeezes Shiba Inu (SHIB) is revealing signs of a future massive volatility squeeze since price action is constricting in an increasing wedge pattern on the 4-hour chart. Consolidating at the moment within $0. 0000108-$0. 0000110, SHIB is poised well around its midline support level, meaning there is increasing tension prior to a breakout. The build-up from the $0. 0000090 base, with an obvious pattern of higher highs and higher lows, creates a constructively technical setup. If bulls can break out above $0. 0000115 on decent volume, the way is clear for a possible rally to $0. 0000125-$0. 0000135, or a fall below $0. 0000098 would provoke a pullback to the $0. 0000090-$0. 0000088.

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