Binance announces suspension of Dash token deposits and withdrawals for network upgrade. The Dash (DASH) network upgrade and hard fork announced by Binance, is set to take place on Jan. 7, 2025, at block height 2,201,472.
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.
Horizen has made a strong comeback over the past week, hiking by 190.97% and hitting a 32-month high.
As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.
TL;DR Grayscale Investments filed Form 8-K for Horizen Trust, revealing the issuance of 3,565,200 shares backed by 304,034 ZEN tokens. Horizen Trust offers accredited investors secure and regulated access to the Horizen blockchain platform, featuring a mechanism to protect against market volatility. In 2024, Grayscale expanded its portfolio with new trusts, including Sky and Bittensor.
Grayscale has filed its 8-K form for a Horizen Trust with the SEC, creating significant buzz around Horizen (HEZ). Notably, Grayscale's move, coupled with the release of over 3.5 million shares and a steady accumulation of ZEN tokens, has sparked a rally in the price of Horizen (ZEN).
Grayscale Investment has made a compliance move in its crypto investment by filing an 8-K form for the Grayscale Horizen Trust (HZEN) with the SEC.
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.
U.S. Digital Asset Investment Manager Grayscale has submitted a Form 8-K filing with the U.S. Securities and Exchange Commission regarding Horizen Trust.
Grayscale issued 3,565,200 shares tied to 304,034 ZEN tokens, valued at $4.7 million, through its regulated Horizen Trust.
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.
Digital assets traded in the red on Monday as altcoins suffered significant declines, with Bitcoin struggling at the $95,000 vicinity. While bears threaten more dips, Verge token (XVG) grabbed crypto enthusiasts' attention with notable price actions over the past day. The altcoin soared from $0.006916 to $0.001902. That translated to a remarkable 72.49% price surge.
While the overall crypto market struggles with falling prices, Verge's native token, XVG, has caught the spotlight with a 50% surge in the past 24 hours, now priced at $0.014. This rise highlights the growing interest in privacy-focused cryptocurrencies.
As the crypto industry experiences lower volumes, here are our top cryptocurrencies to watch this week: HYPE, Horizen and IMX.
The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.
Secret Network has announced the launch of Claive AI, a decentralized platform that aims to provide secure and confidential artificial intelligence (AI) services for enterprise users. Claive AI Combines Blockchain and Confidential Computing According to the announcement shared with Bitcoin.
TL;DR Grayscale has launched the Horizen Trust (HZEN) to provide accredited investors with simplified exposure to Horizen (ZEN), bridging the gap between TradFi and the crypto market. The trust allows investors to gain exposure to ZEN without the complexities of direct ownership, making it appealing to those using traditional brokerage accounts.
Qualified investors can access the stock and derive value without purchasing the cryptocurrency.
Grayscale, a prominent digital asset manager, has introduced the Grayscale Horizen Trust (HZEN), providing eligible investors a chance to access ZEN tokens via a regulated investment product.
Grayscale announced that HZEN, its Horizen Trust, is now open to accredited investors. The firm has maintained this Trust for several years, but it has not been available OTC before now.
Grayscale has opened its Horizen Trust (HZEN) to qualified investors, providing exposure to ZEN tokens through a regulated investment channel.
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.
Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge, climbing 12.3%, while zcash (ZEC) wasn't far behind, advancing 15.4% against the U.S. dollar. Several others joined the rally, posting double-digit gains and keeping the momentum alive. Privacy Crypto Frenzy On Dec.
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.
DASH jumps 57% in a week, but can it sustain momentum to break $80 resistance?
ZEC's long/short ratio indicates a strong bearish sentiment among the traders.
The cryptocurrency market has displayed a strong bullish price action over the past few days. This has resulted in the crypto space achieving a new ATH. Moreover, with Bitcoin price hovering above the $97k mark, the altcoin market is gaining momentum.
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.
Secret Network (SCRT) saw a remarkable 50% price rise today, driven by three key developments. The network's inclusion in NVIDIA Inception, a program supporting innovative tech startups, signals growing confidence in its privacy-focused solutions.
The cryptocurrency market has been witnessing an exciting surge in recent weeks, with several altcoins gaining traction as Bitcoin (BTC) approaches $100K. Among these, Dash (DASH) stands out, hitting a five-month high as its bullish momentum accelerates.
Privacy-focused cryptocurrencies like Monero and Zcash might be poised for significant growth this November. Transaction volumes for these coins have increased on ChangeNOW, a platform that allows cryptocurrency exchanges without registration.
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.
TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.
Verge is one of the digital projects ready to rise from hibernation after an intense winter. It stands as one of the many altcoins with potential for a 100x rally if the history repeats.
Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.
A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
Several altcoins, including Dogwifhat, Worldcoin, and Zcash, posted gains, as Bitcoin eyes the critical resistance near $64K.
Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.