Zcash price reclaims $800 amid ETF hype - Can ZEC hold its rally?
13 Articles
13 Articles
ZEC Surges Back Above $800 on ETF Hopes, Yet Bulls Face a Crucial Test
ZEC surges above $800, fueled by ETF optimism and strong derivatives activity. Bulls face $820 to $840 resistance, with $858.62 remaining the key breakout level. $761 support remains crucial, while elevated leverage could amplify volatility during pullbacks. Zcash — ZEC, has stormed back above $800 after months of steady accumulation. ETF expectations have added fresh excitement around the privacy-focused cryptocurrency. Buyers cleared $560 and …
On August 22, ZEC surged 22%, briefly reaching $855—its highest since 2018. Daily futures volume rose to $9.54 billion, up from $1.06 billion on the spot market, with open interest reaching $1.76 billion. The rally continued after Grayscale's new application to convert the Zcash Trust into an ETF. If approved, it...
Zcash Nears $900 as Grayscale's ETF Conversion Heads for NYSE Debut
Zcash climbed to roughly $840 on Monday, up about 6% over the past 24 hours and near an eight-year high, as Grayscale's conversion of its Zcash Trust into a spot ETF moves toward a Tuesday listing on NYSE Arca. The token has traded as high as $857 in recent sessions, according to CoinGecko, and is up close to 70% over the past week.Grayscale filed its fifth amendment to the conversion on August 21, following a fourth amendment filed August 18, a…
Zcash extended its rebound to the US$855, while Grayscale’s ETF proposal and the intense activity of futures revived interest in privacy token. *** ZEC rose more than 22% in 24 hours and touched about US$855, its highest level since 2018. The volume of futures reached US$9,540 million, compared to US$1.06 billion in spot operations. Grayscale modified the register of its trust and evaluated, through a subsidiary of DCG, to purchase 200,000 ZEC. …
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