The pressure on the Digital Currency Group (DCG) and Grayscale continues to mount. The Winklevoss twins have given DCG an ultimatum of January 8th to return the $900 million Gemini Earn customer funds, while the users themselves have filed a class action lawsuit against both companies. In addition, in what is believed to be a…
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past week. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC’s RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a hint…
Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past few days. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC’s RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a…
Zcash and privacy coins could be back in vogue. Two weeks they began moving upwards, following an oppositive sentiment in the market, and scored profits of around 11% for ZEC’s price, and 15% for Monero (XMR). Related Reading | Monero And Zcash Take Off With 15% Gains, Here’s What May Have Spurred The Rally ZEC’s…
Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price…
One of the best-performing crypto assets of the past 24 hours has been Zcash (ZEC). According to data from Trading View, the cryptocurrency has gained 12% over the past day’s trading session, outperforming Bitcoin’s 4% gains and Ethereum’s 2.5% gains. Analysts expect the altcoin, which was one of the worst performers throughout the 2018 bear…
A guideline issued by the Financial Action Task Force (FATF) is prompting OKEx to delist popular privacy-centering cryptocurrencies. Travel Rule The Korean wing of the cryptocurrency firm announced on Monday that it is going to stop trading of Monero, Zcash, Dash, Horizen, and Super Bitcoin on its exchange. All the five assets, in one way or…
Unlike many fans of cryptocurrency, Edward Snowden has no problem with the Zcash founders’ reward. The former CIA employee-turned whistle-blower Tweeted his support for the anonymity-focused digital asset earlier today. For Snowden, the founders’ reward incentivises and funds the team behind the privacy coin to address issues with the project, such as that identified and…
A branch of the United States Department of Homeland Security (DoHS) is researching the possibility of using blockchain forensic analysis tools to better trace privacy coin transactions. Privacy No More: US Government Preparing Forensic Analysis Tools Among the biggest concerns surrounding cryptocurrencies like Bitcoin are fears that the emerging technology could facilitate money laundering by…
Crypto markets have held their gains, Stellar and Zcash leading the way. Cryptocurrency markets have held on to their gains following two days of recovery from extremely low levels. Things are not great mind you and markets are still at very depressed levels for the year, but the good news is that they haven’t dumped…