Bitcoin nears $87,000, Zcash zooms 10% as U.S. bitcoin reserve bill clears committee
The bill would move about 325,000 bitcoin into a Treasury reserve and require quarterly audited proof, while markets also lifted Zcash.
- On Wednesday, Zcash rose 10% to just above $1,616, marking the largest gain among major tokens, according to CoinDesk data.
- The privacy coin sector expanded nearly fivefold over the past year to roughly $30 billion, as 21Shares research highlights institutional testing of confidential blockchain infrastructure.
- ZecStats reported that 4.91 million ZEC, or 29% of issued supply, was shielded as of Sept. 22, accompanying the Ironwood pool activation via the NU6.3 upgrade.
- Grayscale's Zcash ETF, trading as ZCSH on NYSE Arca, provides brokerage-account holders price exposure to ZEC, with SEC filings showing more than $70 million in cumulative inflows during its first two weeks.
- The European Union's new anti-money laundering regulation takes effect July 10, 2027, restricting anonymity-enhancing coins, while the SEC's Innovation Exemption has bolstered confidence in tokenization-linked assets where Congress has not acted.
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20 Articles
Bitcoin nears $87,000, Zcash zooms 10% as U.S. bitcoin reserve bill clears committee
Falling oil eased inflation worries through the Asian session, while a bill to make the government's bitcoin stockpile permanent moved further through Congress than any before it.
Zcash leads crypto majors with a 10% gain as bitcoin holds near $87,000
Zcash leads crypto majors with a 10% gain as bitcoin holds near $87,000 Falling oil eased inflation worries through the Asian session, while a bill to make the government's bitcoin stockpile permanent moved further through Congress than any before it. Zcash rose 10% to more than $1,616, leading…
Bitcoin (BTC) is back in the spotlight after breaking through the... The article Bitcoin Breaks Through US$87,000, How High Can BTC Go? first appeared on DIALEKTIKA
The privacy coins multiplied their capitalization by almost five in a year, driven mainly by Zcash, while banks, blockchain networks and regulated markets explore new ways to hide sensitive data without sacrificing verification. *** The capitalization of the sector went from USD $6.2 billion to about USD$30 billion, according to a 21Shares investigation. Zcash came to represent approximately USD $25 billion and 29% of its issued offer remained i…
Privacy Coins Are Crypto's Hottest Trade as Zcash and Monero Surge
Zcash surged toward $1,388 this week after its community approved a major network upgrade, while Monero climbed toward $588 following a $3 million ransom demand paid in the same coin. Privacy coins have become 2026's best-performing crypto sector, with the group's combined market cap tripling over the past year even as regulators keep trying to push them off exchanges.
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