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Bitcoin supporters refocus on privacy coin Zcash

MeNews
robot
Abstract generation in progress
ME News Report, May 16 (UTC+8), some early Bitcoin supporters and crypto investors are refocusing on privacy coin Zcash. Zcash's privacy features are considered to be closer to the original principles of cryptocurrencies. The report states that Zcash has increased by about 50% over the past month, with a total rise of approximately 1,140% over the past year, and a market capitalization of around $8.9 billion. DCG has already listed Zcash as one of its largest holdings this year, and Grayscale has applied to regulators to convert its Zcash trust into an ETF. However, Zcash's shielded address feature can hide both the transaction parties and amounts, which could also trigger potential misuse and regulatory scrutiny debates. (Source: MLion)
BTC0.79%
ZEC0.55%
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MoonlightColdWallet
· 4h ago
Privacy is the soul of encryption; Zcash is returning to its original purpose.
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SymbolsInTheReflection
· 6h ago
DCG heavy holdings + ETF applications, are institutions beginning to recognize the privacy narrative?
View OriginalReply0
NotYourExit
· 7h ago
Grayscale's move was brilliant; passing the ETF becomes the new narrative.
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TheTreeInTheCenterOfMistValley
· 7h ago
Let's wait until the ETF passes; for now, let's let the bullets fly for a while.
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GateUser-aa277334
· 7h ago
One of the largest holdings... Barry is also positioning early again.
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SlippageSamurai
· 7h ago
The privacy track has been silent for too long; it's finally its turn to tell a story.
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0xCaffeine
· 7h ago
The Zcash team hasn't run away over the years and has already outperformed many projects.
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Post-RainCandlestickReflection
· 7h ago
Concern about abuse is an excuse; regulators are thinking about how to collect taxes.
View OriginalReply0
SucculentCross-Section
· 7h ago
The Privacy Coin Compliance Paradox: Privacy or Mainstream Acceptance
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