Zcash Cleared $1,000 and Most of Its Supply Is Still Public
Zcash cleared $1,000 for a nine-year high, yet 71 percent of ZEC still sits in transparent addresses as a Grayscale ETF and a Nasdaq treasury lead buying.
Zcash cleared $1,000 for a nine-year high, yet 71 percent of ZEC still sits in transparent addresses as a Grayscale ETF and a Nasdaq treasury lead buying.
The Zcash NU7 vote opens August 25 and needs 1,000,000 ZEC to count. Only shielded funds inside Ironwood are eligible, and the pool just got there.
Zcash sealed the Orchard shielded pool after a four year counterfeiting bug. Only about 5% of 3.5M ZEC has crossed into Ironwood so far.
Trump announced a peace deal with Iran. Bitcoin spiked to $77,000, then crashed to $74,300. Spot ETFs lost $2.26 billion in two weeks. Warsh took over the Fed. Clarity Act got delayed. And Arthur Hayes bet $6.3 million that none of it matters for HYPE.
DASH, XMR, ZEC and DCR broke out of prolonged consolidation phases since April 4, driven by a broad risk-on rotation following the April 8 ceasefire announcement. On-chain usage metrics suggest the move has a fundamental component — but sustainability depends on macro conditions holding.
Saturday's 13-block reorg looked like a 51% attack. The Litecoin team says it was a zero-day in MWEB. Either way, three hours of chain history just got rewritten.
ZEC flipped Monero, hit $600, and liquidated $62 million in shorts. The thesis behind it has nothing to do with speculation and everything to do with a tax bill in California.
Privacy Coins are a category of cryptocurrencies designed to enhance user anonymity by obscuring transaction details such as sender, receiver, and amount. Unlike transparent blockchains, these networks use advanced cryptographic techniques like ring signatures, zero-knowledge proofs, and stealth addresses to protect user data. Popular examples include Monero (XMR) and Zcash (ZEC), each offering different approaches to privacy. While privacy coins provide increased financial confidentiality, they are also subject to regulatory scrutiny due to concerns around illicit use. Despite this, they remain an important part of the broader cryptocurrency ecosystem for users prioritizing privacy and fungibility.