The privacy-focused cryptocurrency plans to launch a quantum-recoverable wallet within a month as it outlines its roadmap.
Zcash is rapidly shedding its historical reputation as a niche tool for digital anonymity, transforming instead into a high-stakes institutional hedge against global financial surveillance. According to CryptoSlate's data, the privacy-centric cryptocurrency rocketed roughly 40% in a single trading session on Wednesday, briefly eclipsing the $600 mark to hit a local peak of $603 before […]
The post Zcash just exploded 40% – and the privacy coin rally is no longer just a crypto-native trade appeared first on CryptoSlate.
Zcash extended one of the strongest recent moves in the large-cap segment, setting a new year-to-date high of $590 after rallying more than 80% in six days. The move came as Multicoin Capital co-founder Tushar Jain disclosed that the firm has built a “significant position” in ZEC since February, framing the trade as a bet on renewed demand for private, seizure-resistant assets. The disclosure added a high-profile institutional voice to a rally that had already pushed ZEC through key technical levels. Crypto analyst Cheds Trading posted a ZEC chart and described the move as “Strong continuation,” highlighting a breakout structure after ZEC reclaimed a major resistance area on the daily chart. Multicoin Frames ZEC As A Privacy Trade Jain’s thesis centered less on short-term market structure and more on the role of privacy assets in a changing political environment. In a thread on X, he said Multicoin had accumulated a sizable ZEC position over recent months and argued that Zcash represents a return to the original privacy-oriented ideals of crypto. Related Reading: Zcash Breaks Out With 34% Surge—Is $440 The Next Target? “Multicoin has built a significant position in $ZEC since February,” Jain wrote. “Zcash is a return to the cypherpunk ideals crypto was founded on.” He then connected the investment case to concerns around wealth taxes and asset seizure. Jain pointed to proposed policy developments in California as a warning sign and argued that, if governments become more aggressive in targeting private wealth, demand could increase for assets designed to protect financial confidentiality. “California’s proposed wealth seizures are a warning,” Jain wrote. “As the political trend to seize private wealth continues to grow, people and institutions will increasingly seek private assets to protect themselves.” The argument is notable because it distinguishes between censorship resistance and financial privacy. Jain acknowledged Bitcoin’s core strength as an asset that cannot be easily frozen or blocked at the protocol level, but argued that transparent holdings still create a vulnerability if governments can identify owners and target visible balances. Related Reading: Zcash Is Crypto’s Most Mispriced Asset, Cypherpunk CIO Says “Bitcoin is censorship-resistant, no one can freeze your BTC or stop you from using it,” he wrote. “But that doesn’t stop the state from seizing known holdings through wealth taxes.” ZEC Breakout Draws Technical Attention On Wednesday, ZEC climbed to $549, marking a new YTD high, after a six-day surge of 66%. The below daily Binance chart shows ZEC moving decisively above a highlighted resistance zone, with price extending toward the upper range after a strong green daily candle. Cheds’ “Strong continuation” comment captured the technical read from momentum-focused traders: ZEC had not merely bounced from a local base, but appeared to have broken above a prior supply area that had capped earlier advances. That technical backdrop matters because ZEC has historically been a high-beta asset during privacy-coin rotations. When it moves, it often does so quickly. In this case, the price action was reinforced by a clear narrative catalyst: a known crypto investment firm publicly backing the asset as an expression of the privacy thesis. Jain’s final point was the clearest expression of Multicoin’s investment logic. He argued that demand for private, censorship- and seizure-resistant assets is not theoretical but increasingly practical. “We believe that truly private, censorship and seizure resistant assets have clear product-market fit and demand is accelerating,” Jain wrote. “We believe $ZEC is the cleanest way to express this thesis in public markets.” At press time, ZEC traded at $581. Featured image created with DALL.E, chart from TradingView.com
It will be worth watching whether the ZCSH ETF can sustain over $2 million in daily volume into the new month.
A cryptocurrency analyst has pointed out how Zcash (ZEC) has broken above the resistance level of a Descending Triangle with its latest surge. Zcash Is Breaking Out Of A Descending Triangle In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern that Zcash could be breaking out of right now. The pattern in question is a Descending Triangle, which is a type of Triangle. Related Reading: Bitcoin Surge To $72,000 Unleashes $470M Squeeze On Crypto Bears Triangles form whenever an asset observes consolidation between two converging trendlines. Like with other consolidation patterns in TA, the upper line of the channel is likely to be a source of resistance, while the lower one that of support. In the case of a Descending Triangle, the lower trendline is parallel to the time-axis. Thus, as the asset travels through this channel, its range shrinks with time to a net downside. Similar to the Descending Triangle, there is also the Ascending Triangle in TA, involving the opposite setup. In this pattern, the range goes up instead. Now, here is the chart shared by Martinez that shows the Descending Triangle pattern potentially forming in the 1-day ZEC price: As displayed in the above graph, Zcash was moving inside this channel earlier, but the sharp price surge over the past week has meant that it has escaped above the upper level. Currently, it’s still uncertain whether the breakout will sustain, but in case it does, it could prove to be a bullish signal. This is due to the reason that consolidation channel breakouts are generally treated as continuation signals. Thus, if the asset breaks resistance, it’s considered to be headed in the bullish direction, while it falling below support can foreshadow further bearish action. Based on the latest ZEC breakout, Martinez has put the $440 target. It now remains to be seen whether the breakout will hold and if Zcash will see a rally to this level. Related Reading: Cardano Whale Count Climbs To 4-Month High Amid Steady Accumulation ZEC isn’t the only altcoin that has seen the formation of a Descending Triangle. As the analyst has highlighted in another X post, DOGE has been stuck inside such a pattern on the 4-hour timeframe. From the chart, it’s apparent that the 4-hour Dogecoin price has been fast approaching the apex of the triangle, suggesting a breakout could occur soon. Based on the height of the channel, Martinez has noted that a 29% move could follow an escape from the pattern. ZEC Price Zcash has surged to the $316 mark following its sharp rally over the last few days. Featured image from Dall-E, chart from TradingView.com
A critical vulnerability in Zcash node software could have allowed attackers to drain millions of dollars of ZEC from a deprecated shielded pool.
Grayscale is making a case for Zcash as the most credible challenger to Bitcoin’s dominance in the digital currency segment, arguing that a relatively small shift in market share could translate into outsized upside for the privacy-focused asset. In a March 18 research note, Zach Pandl, Grayscale’s Head of Research, frames the opportunity in stark terms. Bitcoin still accounts for roughly 90% of the “Currencies Crypto Sector,” a segment the firm estimates at $1.6 trillion across fifteen assets. Zcash, by comparison, represents just a fraction of that total. But Pandl suggests that the gap may not be structural. Related Reading: Zcash Is Crypto’s Most Mispriced Asset, Cypherpunk CIO Says “Bitcoin was the first decentralized digital currency and is still by far the largest as measured by market capitalization,” he writes. “But there are other blockchains with a ‘digital currency’ use case.” Within that competitive set, Grayscale sees Zcash as uniquely positioned to gain ground over time. Grayscale Says Zcash Has 18x Upside The core of the thesis rests on a capability Bitcoin fundamentally lacks. While Bitcoin transactions remain fully transparent on a public ledger, Zcash offers shielded transactions that obscure the sender, receiver, and transaction amount. Pandl argues this distinction is not merely technical, but market-defining. “Zcash offers shielded transactions that hide senders, receivers, and balances,” he notes, adding that “privacy will be essential, in our view, for certain types of users and transactions, and Bitcoin cannot meet this demand.” The implication is clear: if demand for private, censorship-resistant payments increases, whether driven by individuals, institutions, or specific jurisdictions, Zcash operates in a segment where Bitcoin is structurally limited. Rather than competing head-on across all use cases, it targets a subset of transactions where transparency becomes a constraint rather than a feature. Grayscale’s second pillar is less about design and more about trajectory. Zcash, now approaching a decade in operation, is described as entering a new phase marked by rising adoption of its privacy features and renewed capital inflows. “Zcash is almost 10 years old but seems to be entering a new chapter,” Pandl writes. “Use of its shielding technology is picking up, underscoring market interest for privacy-preserving digital currencies. And new capital is entering the ecosystem to support wallet development and Zcash mining.” The valuation argument follows directly from those two dynamics. Zcash’s ZEC token currently sits at around $4 billion in market capitalization, representing approximately 0.3% of the broader digital currency segment. Related Reading: Zcash Is The Last Possible 1000x In Crypto, Venture Capitalist Says Grayscale’s scenario is deliberately conservative in its assumptions but aggressive in its implications. If Zcash were to capture just 5% of that same segment, its valuation would increase roughly eighteenfold. The math hinges less on absolute growth in crypto markets and more on relative positioning within the existing category. Pandl is explicit about the trade-offs. Zcash, he notes, is “smaller and more volatile than Bitcoin and therefore has a higher risk profile.” The upside case is tied to a reallocation of market share, not a guaranteed expansion of demand. That view is not isolated. Several prominent figures have recently outlined similarly asymmetric scenarios for Zcash. Cypherpunk Technologies CIO Will McEvoy has described Zcash as “crypto’s most mispriced asset,” while Alliance DAO co-founder Qiao Wang has called ZEC the “last 1000x in crypto.” BitMEX co-founder Arthur Hayes has forecast ZEC reaching $1,000 as a “first stop,” with a longer-term target of $10,000. At press time, ZEC traded at $232.93. Featured image created with DALL.E, chart from TradingView.com
Cypherpunk Technologies CIO Will McEvoy is making a blunt case for Zcash: the market is undervaluing ZEC because it still has no coherent way to price privacy. In a thread published Tuesday, McEvoy argued that the discount is especially striking as AI-driven surveillance expands and demand for financial confidentiality becomes easier to justify. McEvoy’s core claim is simple. “Zcash is the most mispriced asset in crypto because privacy is the most mispriced asset in society,” he wrote. “The market has no real framework for valuing privacy so it gets ignored. The upside is asymmetric nonetheless.” Why Zcash Could Be ‘Mispriced’ He built that argument around relative size. At the time of his post, McEvoy put ZEC at $263 with a $4.4 billion market capitalization. Against that, he listed Bitcoin at $1.45 trillion, gold at $34.8 trillion, offshore wealth at $11.3 trillion, stablecoins at $312 billion, and Monero at $6.8 billion. The point was less about direct comparability than scale: by McEvoy’s framing, Zcash remains “just a rounding error” in every market it could plausibly intersect. Related Reading: Zcash Is The Last Possible 1000x In Crypto, Venture Capitalist Says That thesis runs through each benchmark. Relative to Bitcoin, McEvoy argued Zcash is still tiny enough that even a modest re-rating would imply a large move. He wrote that if ZEC reached 0.5% of Bitcoin’s value, it would imply a price of $446, or about 1.7 times higher. At 1%, the implied price rises to $891; at 2%, $1,782; and at 5%, $4,456. His summary line was as compressed as the valuation case itself: “Zcash is encrypted Bitcoin.” The offshore wealth comparison is more pointed. McEvoy described privacy not as a niche preference, but as something people have historically paid for at scale. “There is $11.3 trillion in offshore wealth,” he wrote. “People pay a premium for privacy. They always have. They always will.” From there, he argued that if Zcash captured 0.1% of that market, the implied price would be $680. At 0.5%, it would be $3,402, and at 1%, $6,804. “Zcash is a Swiss bank account in your pocket,” he added. His gold comparison extends the same logic into a more traditional store-of-value frame. “Gold is private. You can hold it. No one knows how much you have,” McEvoy wrote. “Zcash has the same properties but it’s digital, portable, and programmable.” On that basis, he modeled ZEC at $1,048 if it reached 0.05% of gold’s value, $2,095 at 0.1%, and $10,477 at 0.5%. Related Reading: Zcash Surges Post-SEC Probe: Is a Fresh Yearly High on the Horizon? McEvoy also positioned Zcash as a response to the visibility built into much of crypto’s existing payment infrastructure. “Stablecoin transactions are tracked. Wallets are surveilled,” he wrote, before laying out price scenarios based on ZEC reaching 5%, 10%, or 25% of the stablecoin market. Those levels implied prices of $939, $1,877, and $4,692, respectively. He also compared Zcash to Monero. McEvoy argued Zcash offers “stronger cryptography, optional transparency for compliance, and better scalability,” then laid out a simple relative-value table: parity with Monero would imply $410 for ZEC, double Monero’s value would imply $819, and five times Monero’s value would imply $2,047. “The privacy coin throne is not yet claimed,” he wrote. His closing point tied the whole thesis to a broader technological shift. “Artificial intelligence is the attack. Zcash is the defense,” McEvoy said. “AI decodes all the data. Zcash encrypts all the data. AI is the surveillance state. Zcash is the sovereign individual. As AI advances, privacy becomes more valuable, not less.” At press time, ZEC traded at $244.77. Featured image created with DALL.E, chart from TradingView.com
Alliance DAO co-founder Qiao Wang claims Zcash may be “the last possible 1000x in crypto.” His argument is not framed around a near-term catalyst, but around a long-duration macro and technology thesis in which privacy becomes the final major unresolved market gap in digital assets. Why Zcash Could Be The Last 1000x Posting on X on March 15, Wang wrote, “continue to believe that Zcash is the last possible 1000x in crypto. Gov overreach, money printing, rise in socialism, quantum. All massive multi-decade tailwinds.” He paired that with an investment posture that sounded more like a Bitcoin-style conviction trade than a tactical altcoin call: “as with btc, don’t trade it. Accumulate during periods of apathy and hold it for 10-20yrs.” continue to believe that zcash is the last possible 1000x in crypto. gov overreach, money printing, rise in socialism, quantum. all massive multi-decade tailwinds. as with btc, don’t trade it. accumulate during periods of apathy and hold it for 10-20yrs. — qw (@QwQiao) March 15, 2026 The core of Wang’s reasoning is scale. In a follow-up post, he argued that “there’s still lots of possible 10x’s and maybe 100x’s, but a 1000x requires an extraordinarily large tam.” In other words, the bar for that kind of return is not just technical novelty or strong narrative. It requires a market large enough to absorb a multi-decade re-rating. Related Reading: Arthur Hayes Bets On MSTR, Metaplanet And Zcash As Bitcoin Liquidity Turns That idea was quickly reinforced by others in the thread, most notably Helius Labs CEO Mert Mumtaz, who pointed back to a privacy thesis he published in November under the title, “The Last 1000x in Crypto: A Privacy Thesis.” His summary was blunt: “Bitcoin started with three problems: i) legitimacy, ii) programmability and scale, iii) privacy. Bitcoin solved i) by becoming a trillion dollar asset, Solana/Ethereum solved ii), and iii) is the last remaining piece.” Mumtaz’s broader argument is that crypto’s biggest order-of-magnitude gains historically came from solving foundational deficits in the original Bitcoin design. First came legitimacy, then programmability and scale. Privacy, in his view, is the remaining open branch. Related Reading: Zcash Foundation Investigation Closed: SEC Decision Sparks 12% Jump In ZEC Price He wrote that “improvements will continue to happen on this programmability/scale branch and the Bitcoin branch, but I’m not sure we’ll see another 1,000x improvement. That is to say, I think future improvements are marginal, not order of magnitude in scale.” By contrast, he argued, “the privacy branch is the last thing remaining for asymmetric upside.” Why Zcash rather than privacy tech in the abstract? That part of the conversation turned less on code and more on credibility. Awa Sun Yin, co-founder of Anoma and a board member at Shielded Labs, recounted a rumor that circulated “in the trenches” late last year: that someone influential enough to get a meeting with the US president had been moving through political circles arguing that Bitcoin and crypto lacked privacy because “holdings and balances were visible to everyone – and seizable,” and recommending Zcash instead. Awa said the key point was not whether the story was true. “What’s relevant is that when you read or hear this story, you have an easy time believing it,” Awa wrote. “Whereas the story wouldn’t be believable if the person were recommending Monero or any other privacy coin instead of Zcash.” At press time, Zcash traded at $231.59. Featured image created with DALL.E, chart from TradingView.com
Foundry’s move could help diversify Zcash’s mining ecosystem, which has historically been concentrated among a small number of pools.
The pool is designed for institutional and public company miners, focusing on compliance and regulated infrastructure.
The capital will be used to expand development of the Zcash (ZEC) protocol and its privacy-focused self-custodial mobile wallet, Zodl.
Crypto-linked equities outpaced the broader market rally, with Gemini shares jumping about 34% and Coinbase climbing roughly 15%.
Changpeng Zhao called on the industry to prioritise crypto privacy features, arguing that the gap is holding back mainstream adoption.
The top two privacy coins are underperforming both their category and the broader crypto market amid the ongoing slump.
Publicly traded crypto exchange Gemini launched a new Zcash-themed credit card that pays ZEC rewards to holders.
Sentiment among traders on prediction market Myriad is thawing towards the privacy coin, after flipping bearish last week.
Analysts told Decrypt that though network activity for the privacy coin is far below its peak, offshoot projects show promise.
The 3,221 ZEC donation, worth about $1.2 million, from Tyler and Cameron Winklevoss will fund core protocol initiatives, Shielded Labs said.
The new tool helps Zcash nodes discover peers faster and more safely as they join the network.
Zcash (ZEC) is back on investors’ radar after U.S. regulators ended a long-running investigation into the Zcash Foundation without enforcement. The decision removes a key source of uncertainty that had followed the privacy-focused cryptocurrency since 2023. Related Reading: XRP Price Is Approaching A Key Decision Zone, But Structure Is Still Firmly Bullish Markets reacted quickly, with ZEC posting double-digit gains in some sessions and stabilizing above the $400 level. While regulatory clarity has helped improve sentiment, questions around governance and long-term development remain. ZEC's price trends sideways after a violent move upwards on the daily chart. Source: ZECUSD on Tradingview SEC Closes Two-Year Zcash Investigation The U.S. Securities and Exchange Commission confirmed it has concluded its review of the Zcash Foundation, which began with a subpoena issued on August 31, 2023. The inquiry focused on potential securities law concerns tied to Zcash’s funding model, governance structure, and token distribution. According to the foundation, the SEC does not intend to recommend enforcement action, fines, or operational changes. This outcome marks a notable shift for privacy-focused cryptocurrencies, which have often faced heightened regulatory scrutiny due to concerns about illicit use. The decision suggests that Zcash’s privacy features alone were not deemed sufficient grounds for action under existing securities laws. The closure also aligns with a broader trend of the SEC withdrawing from several high-profile crypto investigations in recent months under new leadership. For Zcash, the end of the probe removes a regulatory overhang that had weighed on investor confidence for nearly two years. Market Reaction and Price Projections Following the announcement, ZEC surged between 5% and 14% across major exchanges, briefly testing the $440–$450 resistance zone. Currently, the token is trading around $427–$442, holding above the $400 psychological support level. Technically, ZEC remains in a consolidation phase after falling from its January high near $535. Resistance is clustered around $450–$470, while support sits near $400, with a deeper floor around $350 if sentiment weakens. Some analysts point to a symmetrical triangle pattern on longer timeframes, often viewed as a continuation structure after strong rallies. A confirmed breakout above the upper trendline could open the door toward higher levels, including a potential retest of the $1,000 mark later in 2026. Governance Uncertainty Clouds the Outlook Despite the regulatory win, internal challenges persist. Earlier this month, the full development team at Electric Coin Company (ECC), which has led core Zcash development, resigned following a dispute with its nonprofit board. Former ECC leaders cited deteriorating working conditions and have since announced plans to launch a new privacy-focused wallet, cashZ, based on Zcash technology. Related Reading: Arthur Hayes Bets On MSTR, Metaplanet And Zcash As Bitcoin Liquidity Turns The Zcash Foundation has stated that network operations and protocol stability remain unaffected by the personnel changes. Still, the departures have raised concerns about governance stability, development continuity, and long-term coordination within the ecosystem. Cover image from ChatGPT, ZECUSD chart from Tradingview
Cake offers a suite of privacy tools, including Bitcoin PayJoin transactions, though it is often associated most with Monero.
Arthur Hayes is positioning for a 2026 liquidity rebound, arguing that Bitcoin’s weak 2025 wasn’t a referendum on “crypto narratives” so much as a straightforward dollar-credit story. In his latest essay, “Frowny Cloud,” the Maelstrom CIO says he is adding risk via Strategy (MSTR), Japan’s Metaplanet, and Zcash (ZEC) as he expects US dollar liquidity to inflect higher after a year in which Bitcoin lagged both gold and US tech stocks. Hayes frames 2025 as an awkward year for the standard cross-asset shorthand that treats Bitcoin as either digital gold or a high-beta proxy for US tech. In his telling, Bitcoin behaved “as expected” under tightening conditions, while gold and the Nasdaq 100 rose for different reasons despite falling dollar liquidity. Related Reading: Here’s Why Bitcoin Volatility Sparks Fresh Attention On MicroStrategy He argues gold’s bid is being driven by sovereign balance sheets rather than retail mania, rooted in distrust of US Treasury exposure after prior asset-freeze precedents. “If the US president steals your money, it’s an instant zero. Does it then matter what price you buy gold at?” he writes, casting central banks as price-insensitive buyers. On equities, Hayes leans into an industrial-policy interpretation of the AI trade. His claim is that the US and China have effectively treated “winning AI” as strategic, dulling the usual market discipline and helping explain why the Nasdaq decoupled from his dollar-liquidity index in 2025. That divergence matters because it sets up his core takeaway for 2026: Bitcoin needs expanding dollar liquidity to regain momentum. “Bitcoin and the Nasdaq rise when dollar liquidity expands. The only problem is the recent divergence,” Hayes writes, before returning to the “vicissitudes of dollar liquidity” as the primary driver he wants to track. The Three-Pillar Liquidity Pitch Hayes’ 2026 outlook hinges on a sharp rebound in dollar credit creation. He cites three channels: a growing Fed balance sheet via Reserve Management Purchases (RMP), commercial-bank lending into “strategic industries,” and lower mortgage rates catalyzed by policy-driven demand for mortgage-backed securities. In his account, quantitative tightening faded as a dominant headwind in late 2025, with QT ending in December and RMP beginning as a new, steady buyer. He claims RMP “at a minimum” expands the balance sheet by $40 billion per month, and expects that pace to rise as government funding needs increase. The second leg is bank credit creation, which he says accelerated in 4Q25, with large lenders willing to extend loans where government equity stakes or offtake agreements reduce default risk. The third is housing: Hayes points to Trump-backed directives for Fannie Mae and Freddie Mac to deploy $200 billion toward MBS purchases, arguing that lower mortgage rates could unlock a familiar wealth effect and, by extension, more credit. Related Reading: Bitcoin Accumulation Continues: Strategy Purchases 1,287 BTC Amid Rising Prices He ties the pieces together with a simple conclusion: if liquidity turns, Bitcoin should follow. “Bitcoin … and dollar liquidity bottomed around the same time,” he writes, arguing that the next major leg depends less on sentiment than on renewed credit expansion. MSTR, Metaplanet, And ZCash Hayes describes himself as a “degen speculator” and says Maelstrom is already “nearly fully invested,” but he still wants “MOAR risk” to capture upside convexity if Bitcoin reclaims higher levels. Rather than using perpetuals or options, he says he’s long Strategy and Metaplanet for levered exposure via corporate balance sheets. His timing argument is valuation-relative: he compares each company’s “DAT” to Bitcoin priced in the relevant currency (yen for Metaplanet, dollars for Strategy) and says those ratios sit near the low end of the past two years, after being “down substantially” from mid-2025 peaks. He adds a key condition: “If Bitcoin can retake $110,000, investors will get the itch to go long Bitcoin through these vehicles. Given the leverage embedded in the capital structure of these businesses, they will outperform Bitcoin on the upside.” He also flags continued accumulation of Zcash. Hayes argues the departure of developers at Electric Coin Company (ECC) is not bearish: “We continue to add to our Zcash position. The departure of the devs at ECC is not bearish. I firmly believe they will ship better, more impactful products within their own for-profit entity. I’m thankful for the opportunity to buy discounted ZEC from weak hands.” At press time, MSTR traded at $179.33. Featured image from YouTube, chart from TradingView.com
On Wednesday, the Zcash Foundation announced a significant development regarding its ongoing operations: the US Securities and Exchange Commission (SEC) has concluded its investigation into the public charity. This news has sparked a notable recovery in the price of the Zcash native token (ZEC), signalling renewed investor confidence, with trading volume surging by 39% over the past 24 hours. Zcash Foundation Cleared By SEC The Zcash foundation received a subpoena from the regulatory agency back in August 31, 2023, as part of a broader inquiry titled “In the Matter of Certain Crypto Asset Offerings (SF-04569).” Related Reading: XRP Potential: Four Q1 2026 Triggers That Might Propel Price Beyond $8 After a thorough review, the Zcash Foundation was informed that the SEC does not plan to recommend any enforcement actions or changes pertaining to the organization. This comes amid significant regulatory changes towards digital assets under the Trump administration, including the appointment of the pro-crypto Paul Atkins as chair of the SEC. Similar enforcement actions against firms such as Uniswap (UNI), Coinbase (COIN) and Robinhood (HOOD) were dropped last year. ZEC Price Surges Near $440 In their statement, the foundation expressed satisfaction with the outcome, emphasizing their commitment to transparency and adherence to regulatory standards. They reiterated their focus on advancing financial infrastructure that preserves user privacy for the greater good. Related Reading: The NYC Token Crash: Allegations Of Rug Pull After $2.5 Million Liquidity Withdrawal Following this announcement, ZEC experienced a robust increase of 12%, pushing its price to approximately $437.75 at the time of writing. This surge comes after the cryptocurrency had recently dipped to a near one-month low of $363 last Saturday, illustrating a significant turnaround. However, even with this recent boost, the Zcash token still has a long way to climb. The cryptocurrency remains 86% below its all-time high of over $3,191, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
The Zcash Foundation is the latest crypto organization to say the SEC has backed off, joining the likes of Coinbase and Ripple.
Monero (XMR) is leading the crypto market bounce by breaking out of a macro resistance level and breaching above the $600 barrier for the first time. A legendary trader has suggested that the cryptocurrency is mirroring silver’s historical breakout and could see a massive price discovery rally. Related Reading: Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight Monero Soars To New Highs On Monday, Monero outperformed the rest of the market, surging nearly 21% toward its new all-time high of $611.01. The privacy-focused cryptocurrency has been leading the start-of-year market rally, experiencing a 43% increase over the past seven days. XMR’s rally has been fueled by renewed interest in privacy tokens and redirected liquidity toward the project, which has driven its market capitalization to $10 billion for the first time. Amid this performance, veteran trader Peter Brandt drew a parallel between Monero and Silver’s long-term charts, suggesting that the cryptocurrency could be near a massive breakout. In an X post, Brandt compared Monero’s current rally to silver’s historical breakout, which led to a massive run toward new highs. Silver saw a multi-decade price setup in which its price accumulated below and retested a macro ascending resistance trendline. According to the chart, its price formed its long-term resistance during its 2011 peak, when it reached a slightly higher ATH of $49.83 before correcting. During its Q4 2025 rally, silver finally broke above this key level, nearly doubling its price toward its latest ATH of $86.23. Similarly, Monero has been forming its multi-year ascending trendline in the monthly timeframe since its 2017 high. In 2021, the cryptocurrency retested this area, also hitting a slightly higher ATH before retracing. Now, XMR has broken out of its ascending resistance and could see a similar path to silver’s recent breakout into price discovery, the post suggested. XMR to See 50% Breakout Or Breakdown Next? Market observer TraderSZ recently shared an optimistic outlook for Monero once it broke through its crucial resistance area and turned this level into support. To the trader, the cryptocurrency could reach three main price targets if momentum continues. Per the post, the initial breakout level could reach the $685 area, a more than 30% rally from the resistance level. Moreover, it could surge between 50% and 80% toward the $790 and $900 levels, like silver’s recent price discovery progression in the monthly chart. Analyst 0xMarioNawfal also highlighted XMR’s performance as “price continues to trend aggressively higher, breaking through previous resistance levels with strong momentum and minimal pullback.” To him, the structure remains bullish, with buyers stepping in and “no clear signs of distribution yet.” As a result, he forecasted potential volatility but added that as long as the price holds above recent breakout levels, the trend will remain intact. Related Reading: Solana Price Jumps, But Network Adoption Remains Weak Nonetheless, Ali Martinez posted a more concerning forecast for the cryptocurrency, suggesting that a significant correction may be around the corner. According to the chart, Monero has been forming a multi-year rising wedge pattern since 2017, with the price bouncing between the upper and lower boundaries. Based on this, XMR could likely fail to turn the macro resistance into support and begin a long-term 50% decline toward the $300 area, where the pattern’s lower boundary is currently located. As of this writing, Monero is trading at $597, a 47.5% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The Zcash protocol remains unaffected despite the governance clash and restructuring with Bootstrap.
Zcash (ZEC) suffered the steepest decline among top-tier digital assets on Jan. 8, plunging approximately 20% amid a collision of governance turmoil and a leverage-driven market flush. According to CryptoSlate data, Zcash fell to a month-low of $382, making it the day’s biggest loser on the Top 100 leaderboard. This price performance decoupled violently from […]
The post Zcash just plummeted 20% after its entire team walked out, exposing a boardroom battle over the project’s assets appeared first on CryptoSlate.
While Electric Coin Company’s development team departed to form a new company, it will still be working on Zcash.
Recent governance turmoil at Zcash has resurfaced questions about development continuity, tempering confidence after the token’s strong Q4.