Altcoins News
By Sakamoto Nashi
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Institutional Money and New Access Points. Two moves probably accelerated the run. Multicoin Capital, the hedge fund, disclosed a position in…
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Chart Patterns and Price Targets Traders Are Watching. Technical analysts spotted what looks like a cup-and-handle pattern forming on Zcash's price chart.
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Why Privacy Coins Are Back in the Conversation. Zcash spent years being largely ignored. It's a coin that launched with serious cryptographic…
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Zcash didn't wait for permission. The privacy coin surged 88% over the past 30 days, leaving most of the crypto market in the dust while Bitcoin held a support level near $76,000…
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It's not a fluke, either. Other privacy-focused coins like Monero and Dash picked up gains during the same stretch, but Zcash led the pack by a wide margin.
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And the past three days? Another 18% on top of that. The overall market fell 3% in the same window.
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Then BitMEX co-founder Arthur Hayes weighed in. He said Zcash could eventually hit 10% of Bitcoin's market capitalization. Speculative? Absolutely.
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Technical analysts spotted what looks like a cup-and-handle pattern forming on Zcash's price chart. Worth saying clearly: that pattern is subjective. It doesn't guarantee anything.
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The more aggressive target floating around is $1,000. That's not coming from nowhere — it's partly tied to the 1.
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More context: One in Ten Americans Now Uses Crypto but Speculation Still Runs the Show
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Not guaranteed. Not even close. But the setup is getting attention.
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Zcash spent years being largely ignored. It's a coin that launched with serious cryptographic credentials — shielded transactions, zero-knowledge proofs — but it couldn't…
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The broader privacy coin space is worth watching here. Monero and Dash both moved, but Zcash's gains dwarfed them.
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What's clear is that investor priorities are shifting. Privacy features that once seemed like a concern only for the extremely cautious now look more mainstream.
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More context: South Korean Funeral Firm Sits on $33 Million Ether ETF Loss as Crypto Rout Bites
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