Grayscale files to launch first spot ETF for Zcash privacy coin

The post Zcash Gains Attention as Investors Call It a “Next Bitcoin” appeared on BitcoinEthereumNews.com. The post Zcash Gains Attention as Investors Call It a “Next Bitcoin” appeared first on Coinpedia Fintech News Zcash is a decentralized privacy and anonymity token is suddenly making a comeback. Now, a new report has pushed Zcash back into the spotlight, calling Zcash as a possible “next Bitcoin.” Despite the enthusiasm, Zcash (ZEC) token price has seen a drop of 5.4% in the last 24 hours trading below $520. Why Bitcoin OGs Are Turning Toward Zcash? According to the Wall Street Journal report, many early Bitcoin supporters attending the 2026 Las Vegas crypto conference expressed frustration with how transparent and institutionalized Bitcoin has become. While Bitcoin still dominates the market near $79,000, some investors now believe its original privacy-focused vision has weakened as governments, ETF issuers, and blockchain surveillance tools increasingly monitor on-chain activity.

Grayscale's addition of ENA to its DeFi Fund helped trigger Ethena's strongest network growth day in over three months.

Bitcoin briefly reclaimed $80,000 as traders weigh cooling ETF inflows, macro cross‑currents, and frothy derivatives positioning to decide whether BTC rallies or mean‑reverts. Bitcoin briefly traded above the $80,000 mark on Wednesday, extending its presence near historic highs even as…

The post BlackRock Moves $287 Million in Suspected Bitcoin Sales appeared on BitcoinEthereumNews.com. BlackRock offloads large amount of Bitcoin  Bitcoin drops below $80,000 BlackRock has continued to sell Bitcoin consistently this week as the leading cryptocurrency puts a hold on its recent price rally, causing its price to remain steady around the $80,000 mark. This appears to have triggered a broader drawdown in institutional interest as the broad ETF market focusing on Bitcoin, Ethereum and other altcoins has noted significant withdrawals on most trading sessions. Thus, BlackRock has moved a large amount of Bitcoin in a suspected sell attempt. BlackRock offloads large amount of Bitcoin  Amid the rapid slowdown in institutional demand, the Bitcoin ETFs have just recorded a massive $635 million in outflows during their last trading session. Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review Schwar

Traders cashed out nearly $1.2 billion worth of Bitcoin in a single day last week — a sign that the recent recovery may be running out of steam. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High On May 4, investors sold 14,600 Bitcoin, pushing daily realized profits to their highest point since early December. According to CryptoQuant, that kind of selling spike during a bear market rally has historically marked a local price top. A Rally Under Pressure Bitcoin climbed roughly 37% over six weeks, rising from $66,000 in early April to briefly touch $82,380. That level lines up with the cryptocurrency’s 200-day moving average — a technical marker that proved to be a wall during the 2022 bear market. Back then, Bitcoin hit that same average in March before sliding further into a prolonged decline. CryptoQuant’s latest research draws a direct line between that episode and today’s setup. Unrealized profits among traders also spiked during the recent run-up. On M

The post Arthur Hayes Says Zcash Is His Largest Position Outside Bitcoin appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader

Arthur Hayes has put Zcash at the center of his crypto thesis, saying in an interview with Unchained founder Laura Shin that ZEC is now “probably my largest position outside of Bitcoin.” The BitMEX co-founder framed the trade as a bet on rising demand for financial privacy as AI, Big Tech and governments make public-chain activity easier to analyze. Hayes said he views Zcash as the strongest privacy asset in crypto, while acknowledging that the debate between Zcash, Monero and other privacy coins remains unsettled. “I think Zcash is the best,” Hayes said. He added that he is “not a cryptographer,” but said his view was shaped by reading competing arguments and speaking with developers working directly on privacy systems. His argument was not that Bitcoin should become fully private. Hayes said Bitcoin’s transparent ledger still has advantages for accountability, but argued that transparency comes with a growing trade-off as surveillance tools improve. “With AI, big tech and big governm

ENA network growth hit a 3-month high as whale activity reached a 5-week peak amid Grayscale fund inclusion and fee switch plans. Ethena recorded its largest daily rise in new wallets in over three months, while ENA whale activity reached a five-week peak. The rise came before May 12, after several events drew fresh attention […] The post ENA Network Growth Hits 3 Month High as Whale Activity Reaches 5 Week Peak appeared first on Live Bitcoin News.