Zcash Rallies 42% to $712 Amid Crypto Dip, Hinting at Further Upside

The post Zcash Rallies 42% to $712 Amid Crypto Dip, Hinting at Further Upside appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Zcash (ZEC) has surged 42% to $712 in the last 24 hours, outperforming Bitcoin and Ethereum amid strong technical indicators, rising investor interest, and high trading volumes on major exchanges like Binance. Zcash rallied 42% to $712 while Bitcoin and Ethereum declined, supported by robust technical trends and increased inflows. Rising investor confidence, highlighted by institutional purchases, drives sustained momentum in Zcash trading. With $8. 92 billion in futures volume and $1. 44 billion in spot trades, Zcash demonstrates strong market activity and potential for further gains, according to data from CoinMarketCap. Discover why Zcash surged 42% to $712 in 2025, defying market dips with privacy features and investor buzz. Explore technicals and predictions-stay ahead in crypto! What is driving Zcash’s 42% price surge to $712? Zcash (ZEC) has experienced a remarkable 42% increase to $712 in the past 24 hours, contrasting sharply with declines in Bitcoin and Ethereum, due to robust technical indicators, heightened investor interest, and substantial trading activity on platforms like Binance. This rally underscores Zcash’s appeal as a privacy-focused cryptocurrency in a volatile market. Factors such as.

Hodler’s Digest, Nov. 2 – 8 – Cointelegraph Magazine

The post Hodler’s Digest, Nov. 2 8 Cointelegraph Magazine appeared com. Top Stories of The Week Ripple rejects IPO plans despite SEC case victory: Here’s why Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the US Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. “We’re in a fortunate position where we’ve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do,“ Long said. Ripple’s decision to forgo an IPO ends years of speculation, after multiple executives had hinted at one. The company was hit with a $1. 3 billion SEC lawsuit in late 2020. Bitcoin bull run hasn’t started yet: Jan3’s Samson Mow Samson Mow, the CEO and founder of Bitcoin technology infrastructure company Jan3, argues the Bitcoin bull run is yet to begin, as Bitcoin fell to just under $100, 000 earlier this week. “The Bitcoin bull run hasn’t started yet. We’re just marginally outperforming inflation at this price range,” he said on Wednesday. Bitcoin and the broader cryptocurrency market continued to slump this week, with analysts attributing the decline to trade tensions between the US and China, as well as other macroeconomic factors. Bitcoin selling intensified on Tuesday, and CoinGecko data shows the price dipped to $99,607 on Wednesday. However, Mow, in a series of bullish X posts, predicted the market still has plenty of upside on the horizon as Bitcoin continues to outperform the US inflation rate of 3%. FBI can’t be blamed for wiping hard drive with $345M BTC, say judges A man convicted of identity theft, who claims his hard drive with over 3, 400 Bitcoin was seized and wiped by.

What is Zcash (ZEC), and Why Has It Rallied So Much? Here’s Everything You Need to Know

The post What is Zcash which is on the agenda again with its rise today, are being questioned. The price of ZEC has surged 33% in the last 24 hours and 433% in the last month. These figures are unusual for an altcoin with a billion-dollar market capitalization. Listed on Binance, Coinbase, and many other centralized cryptocurrency exchanges, the altcoin’s history dates back to the early days of the cryptocurrency market. Launched in 2016, ZEC is based on Bitcoin’s codebase and, due to its limited supply at the time, reached an all-time high price of around $3,000. After Ethereum switched to the Proof of Stake consensus mechanism, Zcash became one of the most important representatives among the altcoins with the Proof of Work consensus mechanism, along with Bitcoin. Interestingly, the cryptocurrency, which had remained below $100 for years, hit an all-time low of $15 in July 2024. So much so that Binance, the world’s largest cryptocurrency exchange, initiated a delisting vote for ZEC last April, and the altcoin was saved from being delisted by Binance by being one of the winners of this vote. Chart showing the change in the ZEC price in recent months. Binance and other cryptocurrency exchanges are under pressure from delisting, particularly in Europe, due to the difficulty of tracing ZEC and other privacy tokens. However, Monero (XMR), a similar privacy token, hasn’t experienced the same surge as ZEC recently. XMR has also been delisted from many major cryptocurrency exchanges. So, what’s causing Zcash’s recent surge? This can be attributed to multiple factors. There’s been a renewed interest in privacy infrastructure in the cryptocurrency market recently. Furthermore, Electric Coin Company, the company behind ZEC, has recently implemented numerous technical updates. Galaxy Digital analysts also noted that ZEC,.

What’s Happening With This Altcoin: Huge Surge, Arthur Hayes Makes $10,000 Claim

The post What’s Happening With This Altcoin: Huge Surge, Arthur Hayes Makes $10,000 Claim appeared com. Privacy-focused cryptocurrency Zcash (ZEC) has re-entered the top 20 cryptocurrencies with a strong rise today. ZEC’s market capitalization reached $10. 9 billion, surpassing Hyperliquid’s $10. 8 billion. The price of ZEC briefly hit $750 earlier today and is currently trading at $721. 91. This represents a 38. 93% increase over the past 24 hours. This puts ZEC at its highest price since early 2018. However, this remains well below its all-time high of over $3,000, reached in October 2016 when supply was extremely limited, according to CoinGecko data. Chart showing the rise in ZEC price. Arthur Hayes, one of the leading names in the crypto market, shared his position in his portfolio after the sharp rise in Zcash: “Due to its rapid price increase, ZEC is now the second-largest liquid asset in my Maelstrom Fund portfolio, after BTC. ZEC’s private transactions will power the next wave of true DEXs. ZEC is heading to $10,000.” Analysts and community members point to several factors that have triggered ZEC’s recent sharp rise: Re-emergence of financial surveillance and privacy debates in Europe Growing interest in Zcash’s mobile wallet integrations ZEC exceeds key levels in technical models and on-chain metrics Increasing trading volumes and signs of revival spreading to the market Zcash has a blockchain structure that allows users to optionally hide their transactions. Users can hide their transaction history by moving their tokens to special addresses called “privacy pools.” *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.