News with the tag "ZEC-USD"

Summary Amid growing optimism around crypto regulations in the United States, a US Court overturned OFAC sanctions on privacy protocol/mixer Tornado Cash. Privacy protocols have been a dubious wager in the digital asset space, but there are positive signs. The shielded pool on ZCash has grown by nea...

Summary Dogecoin has seen a significant increase in price, reaching 11 cents, leading me to upgrade my recommendation from sell to hold. I previously criticized DOGE for lacking economic purpose and primarily serving as a joke, but network usage and fees are showing signs of improvement. However, th...

Summary Privacy coins have underperformed compared to mainstream cryptocurrencies like Bitcoin and Ethereum. Monero suffered a significant decline after Binance announced a future delisting, impacting its liquidity and onboarding of new holders. The investment case for privacy coins is weak. That sa...

Summary Seeking Alpha asked a panel of analysts to assess the most important questions facing investors in cryptocurrencies. Predictions include whether regulators will approve a Bitcoin spot ETF and how the halving event will affect crypto prices. The analysts revealed their top picks, which miners...

Summary It's been a rough 2023 for the privacy coin market. Major headwinds include regulatory actions, exchange delisting, and consumer apathy. The Horizen blockchain developers recently announced the deprecation of the network's shielded coin pool; rendering ZEN no longer a "privacy coin." Zcash d...

Summary The Zcash network has underperformed other privacy-focused crypto coins since last summer. A spam attack that exploited a flaw in the network's fee mechanism tripled the size of the blockchain, making it annoying to run a full node. Despite the attack, the chain was never shut down or stoppe...