The post Zcash drops 10% – Yet THIS ZEC support range still matters most appeared on BitcoinEthereumNews.com.
After a week of strong upside momentum, Zcash [ZEC] entered a correction phase. The token dropped more than 10% over the past 24 hours following its recent breakout rally. Even so, the decline still appeared more like a market reset than a full structural breakdown. At press time, ZEC moved toward a key imbalance zone between $505 and $439. That range may shape the next major move. Why did ZEC momentum weaken? The correction gained strength as long liquidations accelerated across the derivatives market. Over $7.84 million in long positions were wiped out in the past 24 hours. Source: CoinGlass Forced selling after strong rallies often intensifies downside pressure, especially when leverage becomes overcrowded. At the same time, Open Interest dropped sharply. ZEC Open Interest fell by more than $500 million over the last five days, showing traders closed positions instead of add
Zcash (ZEC), the market’s leading privacy-focused cryptocurrency, has delivered a massive performance, with year-to-date data showing ZEC is up more than 1,200%, dramatically outpacing major coins. Cardano (ADA), by contrast, has been in a very different posture, with the same period showing a roughly 66% retrace. The divergence has been so pronounced that Zcash briefly surpassed Cardano by market capitalization, pushing ZEC to become the 11th-largest cryptocurrency on May 10—an inflection point that has led at least one market expert to suggest ZEC could ultimately flip ADA in that key ranking. Why Zcash Is Catching Investors’ Eye Market expert Alex Carchidi highlighted several drivers in a new report, pointing to big accumulation as one of the most important themes. For example, Multicoin Capital disclosed in early May that it has been building a significant position in Zcash since February. That kind of accumulation is not limited to one firm. Cypherpunk Technologies has also accu
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.
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
Grayscale's move could redefine privacy coin investments, challenging regulatory norms and potentially broadening crypto market participation.
The post Grayscale files to launch first spot ETF for Zcash privacy coin appeared first on Crypto Briefing.
Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund, setting up a potential first for regulated exposure to a privacy coin in the U.S. ETF market. If approved and listed, the product would give investors exchange-traded access to ZEC without requiring them to custody the asset directly. The proposed ETF would […]
Grayscale files to convert its Zcash Trust into a spot ETF, a plan that could create the first privacy coin ETF tied to ZEC. Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund, placing ZEC at the center of a new crypto ETF push. The proposal would create the first spot […]
The post Grayscale Seeks First Spot Privacy Coin ETF With Zcash Trust Conversion Plan appeared first on Live Bitcoin News.
