Zcash hits 8-year high, flips Monero to become top privacy coin at $6.2B
Zcash defied the crypto market downturn with a 45% rally this week, making it the most valuable privacy-focused cryptocurrency, following Hayes’ call for a $10,000 price target.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Zcash defied the crypto market downturn with a 45% rally this week, making it the most valuable privacy-focused cryptocurrency, following Hayes’ call for a $10,000 price target.
Why this matters
This cryptocurrency 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
Privacy Coins Outrun Bitcoin as Market Rotates Into Zcash and Monero
Privacy coins have broken away from a weak crypto market, with zcash and monero delivering gains while bitcoin remains below its O...
Bitcoin Price Signal Upside as Rally Meets Fed Risk
Bitcoin price has clawed back to above $70,000 from $60,000 in late August, and traders are now assigning an approximately 85% pro...
Uniswap Labs’ stable pair hook becomes highest volume pool on Ethereum
Uniswap's innovative StablePair Hook could reshape decentralized finance by enhancing stablecoin trading efficiency and liquidity...
Bitcoin braces for volatility ahead of Federal Reserve’s first rate hike in three years
Bitcoin's future hinges on Fed's guidance; potential rate hikes could shift capital to safer assets, challenging crypto's growth t...
Coinbase-backed Base just exposed the uncomfortable truth about Ethereum’s L2s
Ethereum and Coinbase-backed layer-2 network Base have abandoned an effort to agree on how the next generation of crypto wallets s...
Strive Snaps Up More Bitcoin, Brings Holdings to 25,000 BTC
Bitcoin Magazine Strive Snaps Up More Bitcoin, Brings Holdings to 25,000 BTC Nasdaq-listed bitcoin treasury Strive now holds 25,00...