Zcash
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đ **Cryptocurrency Market Insights** đ
**Zcash Surges 30% Following Grayscale's Privacy-Centered ETF Filing**
đ *Weekly Performance*
Zcash (ZEC) has experienced a remarkable 30% surge in the past week, boosted by Grayscale's filing for the Grayscale Privacy ETF (PRVC).
đ€ *Grayscale's ETF Proposal*
Grayscale submitted a proposal to the SEC for a unique exchange-traded fund (ETF) focusing on privacy and cybersecurity. The Grayscale Privacy ETF (PRVC) aims to track companies in sectors such as privacy coins, AI, data security, and more.
đŒ *ETF's Investment Strategy*
The ETF's investment strategy includes a 10% allocation of its assets to Privacy-Preserving Protocols. This allocation is represented by the Grayscale Zcash Trust (ZCSH).
đč *Market Rankings*
Zcash (ZEC) currently ranks fifth among the largest privacy tokens by market capitalization. This surge follows a broader trend where privacy tokens, including ZEC, have shown strong performance.
đ€ *Privacy Token Landscape*
Privacy tokens have gained attention amid increasing regulatory scrutiny. Zcash's privacy features make it a notable player in this landscape.
đ *Overall Market Trends*
The scenario for privacy tokens is influenced by both regulatory scrutiny and technological developments. Other privacy-focused projects, such as Worldcoin, have also experienced notable growth.
đź *Future Outlook*
The filing for Grayscale's privacy-centered ETF and the positive performance of privacy tokens signal growing interest and potential future developments in this sector.
#Zcash #WLD #GRAYSCALE #TrendingTopic #Write2Earn
$ZEC $WLD
**Zcash Surges 30% Following Grayscale's Privacy-Centered ETF Filing**
đ *Weekly Performance*
Zcash (ZEC) has experienced a remarkable 30% surge in the past week, boosted by Grayscale's filing for the Grayscale Privacy ETF (PRVC).
đ€ *Grayscale's ETF Proposal*
Grayscale submitted a proposal to the SEC for a unique exchange-traded fund (ETF) focusing on privacy and cybersecurity. The Grayscale Privacy ETF (PRVC) aims to track companies in sectors such as privacy coins, AI, data security, and more.
đŒ *ETF's Investment Strategy*
The ETF's investment strategy includes a 10% allocation of its assets to Privacy-Preserving Protocols. This allocation is represented by the Grayscale Zcash Trust (ZCSH).
đč *Market Rankings*
Zcash (ZEC) currently ranks fifth among the largest privacy tokens by market capitalization. This surge follows a broader trend where privacy tokens, including ZEC, have shown strong performance.
đ€ *Privacy Token Landscape*
Privacy tokens have gained attention amid increasing regulatory scrutiny. Zcash's privacy features make it a notable player in this landscape.
đ *Overall Market Trends*
The scenario for privacy tokens is influenced by both regulatory scrutiny and technological developments. Other privacy-focused projects, such as Worldcoin, have also experienced notable growth.
đź *Future Outlook*
The filing for Grayscale's privacy-centered ETF and the positive performance of privacy tokens signal growing interest and potential future developments in this sector.
#Zcash #WLD #GRAYSCALE #TrendingTopic #Write2Earn
$ZEC $WLD
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Zcash will launch a mobile wallet in April
Zcash plans to launch a new mobile wallet, Zashi, by the end of April. The wallet, which is developed and maintained by Electric Coin Company (ECC), is currently available for pre-registration on the Play Store for Android users.
Refer to the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #ZcachInvestor #news
$ZEC
Zcash plans to launch a new mobile wallet, Zashi, by the end of April. The wallet, which is developed and maintained by Electric Coin Company (ECC), is currently available for pre-registration on the Play Store for Android users.
Refer to the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #ZcachInvestor #news
$ZEC
See original
Zcash Cryptocurrency: Review and Features
Zcash ($ZEC ) is one of the leading private cryptocurrencies with an emphasis on transaction confidentiality:
1. Launched in 2016 by a team of developers led by Zuko Wilcox.
2. Based on the Zero Knowledge Proof (zk-SNARK) protocol.
3. Allows you to hide transaction details: sender, recipient and amount.
4. Has two types of addresses: transparent (t-addr) and protected (z-addr).
5. Uses the Equihash consensus algorithm, which is resistant to ASIC mining.
6. The maximum emission is limited to 21 million ZEC, like Bitcoin.
7. Supported by major exchanges and private coin wallets.
Zcash is considered one of the most secure and anonymous blockchains, providing a high level of privacy for users.
What do you think about this cryptocurrency?
Write in the comments and like, all the best, and see you again!
#Zcash
Zcash ($ZEC ) is one of the leading private cryptocurrencies with an emphasis on transaction confidentiality:
1. Launched in 2016 by a team of developers led by Zuko Wilcox.
2. Based on the Zero Knowledge Proof (zk-SNARK) protocol.
3. Allows you to hide transaction details: sender, recipient and amount.
4. Has two types of addresses: transparent (t-addr) and protected (z-addr).
5. Uses the Equihash consensus algorithm, which is resistant to ASIC mining.
6. The maximum emission is limited to 21 million ZEC, like Bitcoin.
7. Supported by major exchanges and private coin wallets.
Zcash is considered one of the most secure and anonymous blockchains, providing a high level of privacy for users.
What do you think about this cryptocurrency?
Write in the comments and like, all the best, and see you again!
#Zcash
đ Exciting Zcash (ZEC) Update! đ
đ The ZEC price is on a rebound, retracing from the upper trendline and holding gains near the 200-day EMA at $30.92.
đč Witnessing a rejection from the $35 swing high, ZEC is in a rising channel, signaling a trend reversal from $21 lows.
đ Technicals suggest bullish momentum, with a potential retest of highs and a sail towards $50. Keep an eye on the immediate support at $27.
đ Zcash is a fully anonymous and decentralized crypto using zero-knowledge cryptography for untraceable transactions.
đĄ Key Levels:
- Support: $28, $25
- Resistance: $35, $38
đ Intraday drop of 7.73% with increased trading volume. Analysts maintain a neutral rating, expecting volatility.
đ On daily charts, ZEC rebounds from the 50-day EMA, facing resistance at the 200-day EMA. RSI shows a volatile outlook, MACD signals bullish crossover.
đ Weekly charts display a trendline breakout, initiating a rebound within a rising parallel channel. Buyers eye the $35 resistance.
đš Disclaimer: Views are for informational purposes only, not financial advice. Crypto and stocks involve risk. Do your research!
#Zcash #ZEC #TechnicalAnalysis #cryptocurrency #finance
đ The ZEC price is on a rebound, retracing from the upper trendline and holding gains near the 200-day EMA at $30.92.
đč Witnessing a rejection from the $35 swing high, ZEC is in a rising channel, signaling a trend reversal from $21 lows.
đ Technicals suggest bullish momentum, with a potential retest of highs and a sail towards $50. Keep an eye on the immediate support at $27.
đ Zcash is a fully anonymous and decentralized crypto using zero-knowledge cryptography for untraceable transactions.
đĄ Key Levels:
- Support: $28, $25
- Resistance: $35, $38
đ Intraday drop of 7.73% with increased trading volume. Analysts maintain a neutral rating, expecting volatility.
đ On daily charts, ZEC rebounds from the 50-day EMA, facing resistance at the 200-day EMA. RSI shows a volatile outlook, MACD signals bullish crossover.
đ Weekly charts display a trendline breakout, initiating a rebound within a rising parallel channel. Buyers eye the $35 resistance.
đš Disclaimer: Views are for informational purposes only, not financial advice. Crypto and stocks involve risk. Do your research!
#Zcash #ZEC #TechnicalAnalysis #cryptocurrency #finance
#ZEC Analysis:
#Zcash (ZEC) is currently experiencing a crucial phase as the price is testing the support area. It is essential for ZEC to hold the $28 support level to avoid a potential dump towards the $24-$25 support area. Failure to maintain this support level could lead to a significant decline in price.
On the other hand, ZEC is facing resistance at the $31-$31.50 area. If the price manages to break through this resistance, it could pave the way for further upside potential. However, until the resistance is overcome, there may be limited upward movement for ZEC.
$ZEC
#Zcash (ZEC) is currently experiencing a crucial phase as the price is testing the support area. It is essential for ZEC to hold the $28 support level to avoid a potential dump towards the $24-$25 support area. Failure to maintain this support level could lead to a significant decline in price.
On the other hand, ZEC is facing resistance at the $31-$31.50 area. If the price manages to break through this resistance, it could pave the way for further upside potential. However, until the resistance is overcome, there may be limited upward movement for ZEC.
$ZEC
zk-SNARKs: The Key to a More Private Crypto Future
Hey there, crypto enthusiasts! Linkan here to unpack the fascinating world of zk-SNARKs. You've probably heard this term buzzing around the crypto space, and for a good reason. zk-SNARKs, short for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge," are transforming the way we think about privacy in blockchain technology.
What are zk-SNARKs?
Simply put, zk-SNARKs are a form of cryptography that allows one party to prove to another that they know a value, without revealing any information about that value. This groundbreaking technology is a cornerstone in 'privacy coins' like Zcash, providing users with the ability to transact anonymously.
Why zk-SNARKs Matter:
Enhanced Privacy: In an era where data breaches are rampant, zk-SNARKs offer a layer of privacy that traditional blockchains can't.
Improved Scalability: By enabling transactions to be verified without disclosing their contents, zk-SNARKs make blockchain networks more scalable.
Versatility in Use-Cases: Beyond cryptocurrencies, zk-SNARKs have potential applications in secure voting systems, confidential business processes, and more.
The Future with zk-SNARKs:
Imagine a blockchain world where your transactions are completely private, yet verifiable. zk-SNARKs are paving the way for this future. Their ability to ensure privacy while maintaining blockchain's inherent transparency could revolutionize not only cryptocurrencies but multiple industries.
Hashtags:
#zkSNARKsRevolution
#PrivacyInBlockchain
#CryptoFuture
#BlockchainTechnology
#Zcash
Conclusion:
zk-SNARKs represent a leap forward in blockchain privacy and scalability. As we venture further into the digital age, technologies like zk-SNARKs will play a crucial role in securing our online transactions and maintaining privacy.
Disclaimer: As always, this is not financial advice but a deep dive into one of the most exciting technologies in the crypto world.
Hey there, crypto enthusiasts! Linkan here to unpack the fascinating world of zk-SNARKs. You've probably heard this term buzzing around the crypto space, and for a good reason. zk-SNARKs, short for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge," are transforming the way we think about privacy in blockchain technology.
What are zk-SNARKs?
Simply put, zk-SNARKs are a form of cryptography that allows one party to prove to another that they know a value, without revealing any information about that value. This groundbreaking technology is a cornerstone in 'privacy coins' like Zcash, providing users with the ability to transact anonymously.
Why zk-SNARKs Matter:
Enhanced Privacy: In an era where data breaches are rampant, zk-SNARKs offer a layer of privacy that traditional blockchains can't.
Improved Scalability: By enabling transactions to be verified without disclosing their contents, zk-SNARKs make blockchain networks more scalable.
Versatility in Use-Cases: Beyond cryptocurrencies, zk-SNARKs have potential applications in secure voting systems, confidential business processes, and more.
The Future with zk-SNARKs:
Imagine a blockchain world where your transactions are completely private, yet verifiable. zk-SNARKs are paving the way for this future. Their ability to ensure privacy while maintaining blockchain's inherent transparency could revolutionize not only cryptocurrencies but multiple industries.
Hashtags:
#zkSNARKsRevolution
#PrivacyInBlockchain
#CryptoFuture
#BlockchainTechnology
#Zcash
Conclusion:
zk-SNARKs represent a leap forward in blockchain privacy and scalability. As we venture further into the digital age, technologies like zk-SNARKs will play a crucial role in securing our online transactions and maintaining privacy.
Disclaimer: As always, this is not financial advice but a deep dive into one of the most exciting technologies in the crypto world.
đđđ #Zcash ($ZEC ) Jumps More Than 20% After Digital Asset Manager #grayscale Proposes New âPrivacy ETFâ to the #SEC
Grayscale, a leading digital asset management firm, has proposed a new privacy-focused exchange-traded fund (ETF) that includes the altcoin Zcash (ZEC).
If the proposal is approved, the Grayscale Privacy ETF will primarily invest in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions, and network security companies, as outlined in an N-1A form filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday.
Although the fund won't directly invest in digital assets, it plans to allocate 10% of its portfolio to the Grayscale Zcash Trust (ZCSH), which is a regulated financial product solely focused on Zcash.
Following the news, Zcash, the privacy-focused digital currency, experienced a notable surge of over 20%, climbing from around $24.24 to a peak of $29.21. However, it has since retraced partially and is currently trading at $26.89.
To qualify for inclusion in the Grayscale Privacy ETF's portfolio, companies must be publicly listed on a stock exchange and have a market capitalization of at least $250 million.
In January, Grayscale was among the 11 firms approved by the SEC to launch a spot Bitcoin (BTC) ETF. The company converted its flagship product, the Grayscale Bitcoin Trust (GBTC), into an exchange-traded fund listed on NYSE Arca.
Source - dailyhodl.com
#CryptoNews #BinanceSquareBTC
Grayscale, a leading digital asset management firm, has proposed a new privacy-focused exchange-traded fund (ETF) that includes the altcoin Zcash (ZEC).
If the proposal is approved, the Grayscale Privacy ETF will primarily invest in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions, and network security companies, as outlined in an N-1A form filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday.
Although the fund won't directly invest in digital assets, it plans to allocate 10% of its portfolio to the Grayscale Zcash Trust (ZCSH), which is a regulated financial product solely focused on Zcash.
Following the news, Zcash, the privacy-focused digital currency, experienced a notable surge of over 20%, climbing from around $24.24 to a peak of $29.21. However, it has since retraced partially and is currently trading at $26.89.
To qualify for inclusion in the Grayscale Privacy ETF's portfolio, companies must be publicly listed on a stock exchange and have a market capitalization of at least $250 million.
In January, Grayscale was among the 11 firms approved by the SEC to launch a spot Bitcoin (BTC) ETF. The company converted its flagship product, the Grayscale Bitcoin Trust (GBTC), into an exchange-traded fund listed on NYSE Arca.
Source - dailyhodl.com
#CryptoNews #BinanceSquareBTC
đ #ZEC / #USDT Scalping (30min):
đ Trending upward after recent channel breakout, indicating potential for new highs.
đ Consider placing SL below 200 EMA for risk management.
đŻ Entry: $32.74 | SL: $31.44 | Target: $34.53
#Zcash #CryptoScalping #TechnicalAnalysis #JTO #BTC
$ZEC $BTC $BNB
đ Trending upward after recent channel breakout, indicating potential for new highs.
đ Consider placing SL below 200 EMA for risk management.
đŻ Entry: $32.74 | SL: $31.44 | Target: $34.53
#Zcash #CryptoScalping #TechnicalAnalysis #JTO #BTC
$ZEC $BTC $BNB
⥠Coin of the day by social activity - Zcash
8 November 2023
Zcash is a privacy-focused, blockchain-based payments network that uses zero-knowledge proofs (ZKPs) to shield transactions.
8 November 2023
Zcash is a privacy-focused, blockchain-based payments network that uses zero-knowledge proofs (ZKPs) to shield transactions.
Another 20x potentital project for your #crypto portfolio! Zcash (ZEC) ăïž $ZEC
#Zcash was launched on October 28, 2016 and is a cryptocurrency that offers enhanced privacy features compared to other cryptocurrencies. This is achieved through the use of zk-SNARKs, a cryptographic technology that allows users to prove the validity of a transaction without revealing the details of the transaction.
So what is the Benefits? đ€
đ€ Privacy: Zcash transactions are private by default. This means that the sender, recipient, and amount of a transaction are not publicly visible on the blockchain. This can be useful for people who want to protect their financial privacy or who need to make anonymous payments.
đââïž Security: Zcash is a secure cryptocurrency. It is based on the Bitcoin codebase, which is one of the most secure blockchains in existence. Zcash also uses zk-SNARKs, which are a cryptographically secure technology.
đŠ Scalability: Zcash is designed to be scalable. It can handle a large number of transactions without compromising its security or privacy.
đ§ââïž Regulation: Zcash is designed to be compliant with regulations. It is possible to use Zcash for transparent transactions if required by law or regulation.
Overall, Zcash is a promising payment use cryptocurrency that offers a number of benefits for users who value privacy and security.
#crypto2023 #cryptocurrency #private
#Zcash was launched on October 28, 2016 and is a cryptocurrency that offers enhanced privacy features compared to other cryptocurrencies. This is achieved through the use of zk-SNARKs, a cryptographic technology that allows users to prove the validity of a transaction without revealing the details of the transaction.
So what is the Benefits? đ€
đ€ Privacy: Zcash transactions are private by default. This means that the sender, recipient, and amount of a transaction are not publicly visible on the blockchain. This can be useful for people who want to protect their financial privacy or who need to make anonymous payments.
đââïž Security: Zcash is a secure cryptocurrency. It is based on the Bitcoin codebase, which is one of the most secure blockchains in existence. Zcash also uses zk-SNARKs, which are a cryptographically secure technology.
đŠ Scalability: Zcash is designed to be scalable. It can handle a large number of transactions without compromising its security or privacy.
đ§ââïž Regulation: Zcash is designed to be compliant with regulations. It is possible to use Zcash for transparent transactions if required by law or regulation.
Overall, Zcash is a promising payment use cryptocurrency that offers a number of benefits for users who value privacy and security.
#crypto2023 #cryptocurrency #private
Top 3 privacy coins and former privacy coins to watch out for in this year's #BullMarketđ in my opinion, with infographics:
1. Monero ( $XMR ) -> Highest security out of all privacy coins!
2. Komodo ( $KMD ) -> Better version of ZCash ( $ZEC )
3. PIVX ( $PIVX ) -> See Infographics
â ïž WARNING: I doubt that all privacy coins are good long-term (1 year+) investments, compared to normal cryptocurrencies or even if using them will get banned later and all exchanges will be forced by the government to delist them â ïž
#PrivacyCoin #XMRDelisting #Zcash #KMD
1. Monero ( $XMR ) -> Highest security out of all privacy coins!
2. Komodo ( $KMD ) -> Better version of ZCash ( $ZEC )
3. PIVX ( $PIVX ) -> See Infographics
â ïž WARNING: I doubt that all privacy coins are good long-term (1 year+) investments, compared to normal cryptocurrencies or even if using them will get banned later and all exchanges will be forced by the government to delist them â ïž
#PrivacyCoin #XMRDelisting #Zcash #KMD
See original
Is Zcash a good long-term investment?
Few people make long-term Zcash projections (2029, 2030, 2031, 2032, 2040, etc.). The reasons are quite simple. The cryptocurrency industry is quite young and subject to government regulation.
Analyst opinions differ greatly on what to expect from ZEC in 2031 or in the next 20-30 years. The price prediction of #Zcash " data-hashtag="#Zcash " class="tag">#Zcash is constantly changing due to recent news.
In 2024, Bitcoin will potentially face another halving, which could indirectly affect the price of the asset. It is difficult to predict how high #Zcash " data-hashtag="#Zcash " class="tag">#Zcash will grow, but many believe that the coin has great potential and depending on the security measures implemented, further growth can be expected up to $2000.
#BTC #Zcash
Few people make long-term Zcash projections (2029, 2030, 2031, 2032, 2040, etc.). The reasons are quite simple. The cryptocurrency industry is quite young and subject to government regulation.
Analyst opinions differ greatly on what to expect from ZEC in 2031 or in the next 20-30 years. The price prediction of #Zcash " data-hashtag="#Zcash " class="tag">#Zcash is constantly changing due to recent news.
In 2024, Bitcoin will potentially face another halving, which could indirectly affect the price of the asset. It is difficult to predict how high #Zcash " data-hashtag="#Zcash " class="tag">#Zcash will grow, but many believe that the coin has great potential and depending on the security measures implemented, further growth can be expected up to $2000.
#BTC #Zcash