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Binance, the world's largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform.
Talk of Zcash potentially being removed from Binance has stirred strong reactions across the crypto community, particularly from those who see privacy coins as essential to digital freedom.
Cryptocurrency exchange Binance has been criticized this week for including privacy token Zcash (ZEC) among those cryptos up for a vote to be delisted from the exchange.
ZCash (ZEC) has been included in another round of 'Vote to delist' on Binance, despite protests from the community.
Zcash is rallying as traders demonstrate confidence, moving a record amount of tokens to privacy-protecting shielded pools.
The cryptocurrency marketplace appears to be experiencing an increase in bullishness, as Bitcoin (BTC) remains in the lead at $85,148.35 (+0.97 percent), while Ethereum (ETH) is relatively flat at $1,881.97. The sentiment is generally positive with major cryptocurrencies showing resilience with increased trading volume and favorable technical indicators.
Here is how some of your favorite assets concluded the week.
Will this legacy cryptocurrency become bullish once again? Let's find out in this Zcash price prediction.
Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.
LDO and DYDX are among the top gainers in the past 24 hours as cryptocurrencies look to end the year on a high. This is amid expectations of a further bull market rally in 2025, buoyed by a pro-crypto Donald Trump administration.
Cryptocurrencies, including Movement, Bitget Token and Zcash, celebrated massive gains as Santa's gifts showed in significant price rallies on Dec. 25. With Bitcoin (BTC) reclaiming some footing after trading to near $92,000 on Dec.
Crypto prices today displayed a mix of gains and declines. Bitcoin (BTC) was hovering around $94,000. It continued its decline from last week's all-time high of $108,000. Meanwhile, Ethereum (ETH), XRP, and Solana (SOL) showed sub-5% gains in the past 24 hours, hinting at recovery.
The crypto prices today showed mixed trends, with Bitcoin (BTC) trading below $94,000. BTC has been on a week-long decline after reaching an all-time high of $108,000.
Verge is among the top-performing privacy coins, leading the rally with a 51.8% price increase and $361 million trading volume in 24 hours.
Monero (XMR) Price experienced significant growth in November, aligning with a strong month for privacy coins following the nullification of Tornado Cash sanctions.
Monero's upward momentum comes as the wider privacy coin sector has heated up following a key court ruling on coin mixer Tornado Cash.
ZEC's long/short ratio indicates a strong bearish sentiment among the traders.
ZCash (ZEC) has shown a remarkable recovery in recent weeks, with a 28% surge over the last seven days, demonstrating strong upward momentum despite broader market volatility. As of now, ZEC is trading at approximately $54.32, and many analysts are speculating whether the cryptocurrency can achieve the psychological milestone of $100 by the end of December 2024.
Despite being on an upward slope, the MFI has not reached overbought levels suggesting there is room for more gains.
ZEC, the native token of privacy-focused protocol Zcash, has surged by 23% in the past 24 hours, making it the crypto market's top gainer. It has outperformed major assets like Bitcoin and Ethereum, which rose by 1% and 3%, respectively, during the same period.
The cryptocurrency market today reflects mixed sentiments, with the global market cap dropping 1.96% to $3.2 trillion over the past 24 hours. Trading volume also fell by 6.16%, now standing at $224.95 billion. Despite the dip, market sentiment remains highly optimistic, as the Fear & Greed Index reached 81, signaling extreme greed.
Privacy-focused digital coins recorded double-digit surges as the latest court ruling exempts immutable smart contracts from the US Treasury sanctions. While the crypto market reflects indecisiveness as Bitcoin wavers above $93K, up 1.75% over the past day, privacy tokens saw significant gains. Tornado Cash's native token, TORN, gained over 700% following the verdict.
Privacy-focused cryptos saw double-digit gains as a U.S. court ruling declares immutable smart contracts exempt from Treasury sanctions.
Zcash (ZEC) is showing strong signs of recovery with back-to-back green candles and growing market momentum fueling its bullish run.
