Zcash (ZEC), Horizen (ZEN) and Hedget (HGET) soar as altcoins lift off
New partnerships and protocol upgrades back the strong rallies seen in Horizen, Hedget and Zcash over the past few months. Three of Cathie Wood’s ARK exchange-traded funds bought nearly $246 million worth of Coinbase Global Inc. (COIN) shares on its listing day. Another fund, Amplify Transformational Data Sharing ETF (BLOK) also purchased COIN stock. These purchases show that ETFs are eager to buy into the crypto growth story.Crypto market data daily view. Source: Coin360However, Blackrock CEO Larry Fink has a different point of view. Fink said that institutional investors were fascinated....
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Zcash, Kusama and Hedget are a few of the projects seeing their token values increase due to the unique set of issues they address. The sharp correction in Bitcoin (BTC) may have shaken out many leveraged traders, but the data shows whales and institutions aggressively purchased the dip and now bulls have shown they are determined to push Bitcoin price back above $40,000. The total crypto market capitalization has also recovered and surged back above $1 trillion. Crypto market data daily view. Source: Coin360Pantera Capital founder and CEO Dan Morehead said he stands by his earlier....
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead.
ZCash seems to take a somewhat similar approach to this industry as Ripple does, which could put them in an awkward legal position. Today is the day on which Zcash will officially launch. This new cryptocurrency has been getting a lot of attention from Bitcoin enthusiasts in recent weeks. With a strong focus on anonymity, this currency could become an interesting contender for established altcoins. But in Italy, the launch of Zcash is greeted with a new bill to ban fully anonymous cryptocurrencies. Italy, along with a lot of other countries around the world, is not overly keen on....
During the last few weeks, we have seen a lot of crypto traders going from riches to rags. Bitcoin frequently dipped by more than 10% several days during the month of May. The flagship currency started the month trading at around $55000. However, it currently trades around the $39000 region. Altcoins like Ethereum, Polkadot, Cardano, […]
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....