Foundry's U.S.‑based, compliance‑first Zcash pool has already grown to roughly one‑third of network hashrate, giving institutional miners a regulated way into privacy coins while stoking fresh centralisation fears.
The world's largest Bitcoin mining pool operator expands into the privacy-focused Zcash token with rapid network adoption.
The mining pool comes alongside the unveiling of Zcashinfo.com, a block explorer with real-time network and mining data.
BitMEX has released a research report in which its analysts have highlighted Zcash (ZEC) as potentially one of the most compelling opportunities left in cryptocurrency markets, (questionably) referring to it as “the last 1000x in crypto.
Zcash (ZEC) has delivered one of the most impressive weekly rallies seen in recent months, climbing nearly 50% and momentarily reaching $389 before experiencing a modest pullback. Currently, ZEC trades at $362.43, representing a 3.63% decline over 24 hours, while maintaining a market capitalization of $6.02 billion alongside trading activity totaling $498.36 million.
Zcash surged 59% in a week as privacy coin momentum and quantum-resistance chatter fueled gains, with traders now watching $360 support.
The US-Iran ceasefire made oil retreat, European equities posted their largest single-day gain in more than four years, and crypto joined the relief wave alongside everything else. During the relief, traders rotated sharply into privacy-adjacent names, pushing Zcash up roughly 59.6% over seven days and Dash up about 47.3% over the same window.
Zcash (ZEC), the privacy coin, has rallied by 59.2% in the last seven days. This huge spike in price outlook suggests crypto users are leaning heavily on privacy-focused projects, likely due to their resistance to quantum threats.
There may be some confirmation of ZEC's higher timeframe bullishness.
ZEC jumped more than 20% to around $283, with volume rising over 47%, before running into a major resistance band between $370 and $400. Open interest has risen with price and ZEC has reclaimed $350 as support, reinforcing the view that fresh positioning is driving the move.
Privacy-focused coin Zcash is soaring higher than Bitcoin. Myriad predictors think ZEC is likely to keep rising after a massive gain.
Zcash price is trading around $378 after a parabolic 60% weekly rally, with volume and leverage surging to levels that signal a late‑stage momentum blow‑off rather than calm accumulation.