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Zcash Surges to 8-Year High, Nears $850 as 24-Hour Futures Volume Hits Nearly $10 Billion
Blockchain

Zcash Surges to 8-Year High, Nears $850 as 24-Hour Futures Volume Hits Nearly $10 Billion

Zcash's price touched an eight-year high, nearing $850, but 24-hour futures trading volume during the same period reached almost $10 billion—far outpacing the $1.76 billion in open interest, suggesting this rally is being driven by the derivatives market.

Grayscale Files Another Amendment, Countdown Begins for First US Zcash ETF
Blockchain

Grayscale Files Another Amendment, Countdown Begins for First US Zcash ETF

Grayscale submitted a new amended filing to the US Securities and Exchange Commission on Friday, paving the way for its planned Zcash ETF. If approved, it would be the first exchange-traded fund tracking Zcash in the US market.

Cypherpunk Mining Goes Live with Zcash Hashrate, The Block Says Winklevoss Poured in $33 Million
Blockchain

Cypherpunk Mining Goes Live with Zcash Hashrate, The Block Says Winklevoss Poured in $33 Million

Cypherpunk Mining officially went live in the US today with roughly 4.2 GSol/s of Equihash hashrate targeting Zcash mining; a report from The Block says the buildout involves $33 million in funding tied to Winklevoss.