Is the 'Zcrash' Over? Zcash's Price is Finding a Floor at $50
The price of the blockchain-backed asset zcash (ZEC) has shown signs of settling down over the last several trading sessions, experiencing only modest changes in its long volatile value. Since the start of trading on 7th January, the value of the tokens that power the zcash blockchain have mostly fluctuated between $44 and $48 on CoinMarketCap, a range that tightened further today when ZEC moved between $45 and $46.50. At the time of report, 1 ZEC was trading at $45.43. This relative calm offers a sharp contrast to the wild volatility that ZEC experienced in the months since the....
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With 418,244 ZEC in circulation right now, the market cap of ZCash becomes all the more impressive. Ever since ZCash as launched, people have been paying close attention to its price. Although its value against Bitcoin has declined, one ZEC is still quite costly. In fact, one can say the price of ZCash is going up slowly but steadily. Despite a small dip in value over the past 24 hours, ZCash is setting new highs month after month. Quite an impressive trend on the charts, when looking at the bigger picture. The uptrend of ZCash cannot be denied. Everyone knew ZEC would get dumped hard as....
There's been plenty to gawk at since Zcash's October launch. Heralded as the world's most anonymous cryptocurrency, Zcash rode a wave of hype with its cypherpunk origin story (complete with its own secretive "ceremony") and an initial frenzy where speculators drove the price of its tokens over $1,000 before they were even released. But perhaps above all, the technology has become synonymous with the promise of its bleeding-edge cryptography, zk-SNARKS, which shield senders and receivers, as well as the balances of each zcash address. Only users with the correct "key"....
There's been plenty to gawk at since Zcash's October launch. Heralded as the world's most anonymous cryptocurrency, Zcash rode a wave of hype with its cypherpunk origin story (complete with its own secretive "ceremony") and an initial frenzy where speculators drove the price of its tokens over $1,000 before they were even released. But perhaps above all, the technology has become synonymous with the promise of its bleeding-edge cryptography, zk-SNARKS, which shield senders and receivers, as well as the balances of each zcash address. Only users with the correct "key"....
Days after the launch of Zcash, the cryptocurrency markets are still attempting to value the newly released digital currency (ZEC). While 1 ZEC is trading at roughly twice the price of bitcoin (1 ZEC was worth 1.91 BTC, or $1,388, at press time), this means movements have calmed since tumultuous early trading sessions. But with limited supply and high demand still propping up prices, digital currency traders largely say Zcash has a long way to go before it becomes less of a speculative investment. Petar Zivkovkski, director of operations for leveraged bitcoin trading platform Whaleclub,....
On October 28 the Zcash (ZEC) project will release its genesis block into the wild. There’s a lot of anticipation for this project, because it will deploy zero-knowledge security. Thanks to this, developers believe Zcash will be a truly anonymous ledger that doesn’t leak or reveal transaction data. The Upcoming Zcash Project Launch The Zero Knowledge....