ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
- Zcash surged nearly 38% to more than $814 on Saturday, surpassing its January 2018 peak amid growing social media comparisons to Bitcoin.
- Futures trading dwarfed spot activity, signaling leveraged buying that could amplify both gains and any reversal after prices swung 45% within 24 hours.
- Zcash reached a market value of $13.87 billion as Grayscale pursued a spot exchange-traded fund and another DCG subsidiary discussed acquiring about 200,000 ZEC.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
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