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Top 3 Cryptocurrencies To Watch This Week: BTC, DODO, ZEC

Bitcoin standing over the $61,781 mark will lead to other breakthroughs and will enable altcoins to surge. DODO and ZCash have rallied bullishly over the past week. Here's a deeper look into Bitcoin, DODO, and ZCash's price movements. (Read More)

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ZCash’s ECC Reveals New Source Code For Blockchain Improvement

ZEC’s ECC, the Electric coin company behind the crypto project, has just made the new source code for the blockchain improvement public which is why we are reading more about it in the ZEC latest news. ZEC’s ECC opened its Halo 2 source code which is an update and more efficient version of the initial recursive proof composition that will eliminate the need for a trusted setup in Zcash:  “It may also advance a promising scalability solution for Zcash and other blockchains.” Initiating a personal network with Zcash, by making use of the Zero-knowledge Succing Non-interactive Argument of Knowledge or…

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Zcash Halving Poses Questions: How To Remain Profitable?

The upcoming Zcash halving poses a new question for the traders which is how to remain profitable after it? This is among the biggest concerns for the traders when a halving occurs so let’s find out more in the latest ZEC news. The upcoming Zcash halving could help the asset reduce its annual inflation rate and make the coin profitable for the miners. Reward halving is quite common for different forms of cryptocurrencies and are known to impact the supply of the coin, difficulty, and price. For many cryptocurrencies, the halving mechanisms are embedded into the code so they can…

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ZEC Faces Strong Pullback After Hitting $95: Price Analysis

ZEC Faces strong pullback after it hit the $95 price point while still being the most popular privacy-oriented cryptocurrency. Zcash has marked a huge growth after the massive crash in March and since then, the coin has been on a steady uptrend despite its volatility so let’s find out more in the upcoming Zcash latest news. If we take a look at the price trend over the past 30 days, ZEC persisted an upside trend but after hitting the $100 price mark, it cooled down its pace. It is now trading around $93 after facing the sharp pullback from $95.…

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Zcash Grows While Still Outperforming Larger Altcoins: Price Analysis

Zcash grows again by 12% percent still outperforming larger coins including Bitcoin which is why analysts believe that the coin will keep on going up, surpassing strong resistances so let’s find out more in the Zcash latest news. There are a few other fundamental reasons for these predictions such as the upcoming block reward halving. Bitcoin recently hit the $12,000 per coin after which the price got rejected to a lower $11,000 region. For that short time, it seemed as the price will settle but then it started increasing again. However, while BTC struggled to go up again, another crypto…

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Zcash Pushes Higher, Becoming The Best Performing Asset In A Day

Zcash pushes higher by 12%, outperforming bitcoin on a daily basis as it became the best-performing asset in the past 24-hours as we are reading more in the upcoming Zcash ZEC news. Zcash pushes higher, outperforming both Ethereum’s and Bitcoin’s gains. According to the analyst, ZEC was among the worst performers in 2018 during the bear market but they expect it to rally even higher. The analyst cited both technical and fundamental reasons for the optimism as ZCash could soon press higher in the upcoming days. One trader noted that the ZCash recent price action brought it above the pivotal…

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ZCash Director Leaves, Opening Huge Opportunities For The Project

A Zcash director leaves the project and according to the analyst Qiao Wang, this is adding to the aspects that make Zcash an attractive investment. He says that both the product development progress and technical analysis are extremely bullish signs for the privacy-focused asset so let’s find out more in our ZEC news today. In terms of the technical analysis patterns, Mr. Wang believes that after the Zcash director leaves, the performance of the asset broke out of its three-year bearish decline, and according to the chart, Wang says that the breakout took place in 2020. Wang believes that the…

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ZCash Nears Double Top Level, Trades At $62.5: Price Analysis

Zcash nears double top level as it was trading at $62.58 at the time of writing and with a bullish candlestick, the coin is about to hit $64. ZEC is facing a strong resistance however at the $65 level and it was at the onset of the previous week once the altcoin went back to its 5-month high above $64, as we are reading more in the Zcash news. Zcash similarly to IOTA is seeing some uptrend movement right after the huge sell-off in March without the consolidation period. However, just when the altcoins started relaxing towards the end of…

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