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via Decrypt · By Decrypt Editorial
'Extremely Bullish': Zcash Rebounds By $2.5 Billion Amid Planned Fix for Supply Conundrum
ZEC
ZEC/USDT
$473.93
+3.37%
$473.93
+3.37%
(24s)24h Volume
$449,719,225.25
24h H/L
$479.00 / $456.68
Change: $22.32 (4.89%)
Funding Rate
-0.0105%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(04:23 PM UTC)
1 min read
In brief
- Zcash founder Zooko Wilcox unveiled a proposal for an upgrade designed to restore confidence in the privacy coin’s supply.
- Dubbed “Ironwood,” the proposal’s release coincided with a recovery in Zcash’s price, which still remained below Friday’s peak.
- One of Zcash’s most vocal supporters told Decrypt the upgrade is “bullish,” addressing a core tradeoff between privacy and auditability.
Zc…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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