Community Articles

via Decrypt · By Decrypt Editorial

'Extremely Bullish': Zcash Rebounds By $2.5 Billion Amid Planned Fix for Supply Conundrum

ZEC

ZEC/USDT

$464.64

-0.03%

$464.64

-0.03%

(24s)

24h Volume

$442,752,724.54

24h H/L

$466.93 / $451.43

Change: $15.50 (3.43%)

Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$463.49

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$586.8263

Resistance 2$505.414

Resistance 1$469.9744

Price$463.49

Support 1$460.0283

Support 2$438.8174

Support 3$392.0498

Pivot (PP):$460.6167

Trend:Sideways

RSI (14):53.4

Decrypt Editorial

(04:23 PM UTC)

1 min read

Updated byJames Mitchell

700 views

0 comments

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Live ZEC price →More ZEC news →

Comments