ZCash surges 7% after Digital Currency Group CEO announces $85M purchase
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday.
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday.
Original source
Read on CointelegraphRelated market context
Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain
Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto, the company announc...
CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals
CFTC staff issued a no-action letter Friday enabling designated contract markets to convert existing perpetual-style digital commo...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Zimbabwe moves to regulate cryptocurrency sector with mandatory registration and annual fees
Zimbabwe's crypto regulation could enhance sector legitimacy, attract formal investment, and facilitate international financial pa...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Citigroup Launches Tokenized Private Share Trading for Wealthy Global Clients
Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies t...