Zcash, Bitcoin and Federal Reserve
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Leverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences.
Zcash hits a record high as a bull flag breakout targets $1,750–$1,865, while the weekly setup points toward $2,700.
The privacy coin rose double digits Thursday and 168% over the past month in the wake of the NU7 upgrade vote.
The Zcash token rose more than 7% in the last 24 hours, while Bitcoin’s price fell more than 1% to around $75,804. ・The move comes after Zcash Labs committed $80,000 to integrate the Ironwood shielded pool into Ledger hardware wallets.
ZCAT memecoin on Solana has distributed over $8M in Zcash to holders via a 3% trade tax mechanism, as ZEC surges past $1,200 amid Grayscale ETF
Zcash surged 23.73% to $1,364.38, leading the gainers, while Stable fell 9.53% to $0.0243, marking the largest decline. Dash and Lighter also posted strong gains.
Zcash (ZEC) surged 23% to $1,369 after the Fed raised rates, Paradigm disclosed holdings, and the NU7 governance vote approved faster blocks and halvings.
The votes won't affect the coin's maximum supply, but they could change how quickly that supply is distributed.
Zcash holders back 25-second blocks and unchanged halvings as ZEC climbs 10.4% to $1,270 following the NU7 vote.
Zcash rose more than 17% to nearly $1,358 as of Asian morning hours Thursday, far ahead of every other major, according to CoinDesk data. Solana and hyperliquid each added about 3%, with BNB, dogecoin and ether up roughly 2%. Bitcoin climbed 1% to just above $76,400, XRP the same, and tron was flat.