Zcash risks ‘splitting the vote’ against Bitcoin, Bloomberg ETF analyst warns
Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin, as critics accuse the privacy coin of manufactured hype.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin, as critics accuse the privacy coin of manufactured hype.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Grayscale’s Zcash ETF filing proposes a 2.5% fee and a potential 34% DCG stake
Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive...
CLARITY Act 60-Vote Hurdle Puts Crypto Rules in Focus Days After White House Meeting
The CLARITY Act cleared a Senate Banking Committee vote and now sits on the chamber’s legislative calendar after a cloture motion...
Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,’ analyst says
Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncer...
Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week
Bitcoin Magazine Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week Bitcoin’s price surged further on M...
Bitcoin holders face unresolved fork risks as new eCash test chain launches ahead of October deadline
An eCash fork, which would create a separate ECX asset for Bitcoin holders, produced Alpha-chain blocks from height 963,648 on Aug...
Eric Trump denies any plans for launching cryptocurrency, calls claims fraudulent
Eric Trump's denial highlights the risks of misinformation in crypto markets, emphasizing the need for investors to rely on verifi...