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.

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.

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.

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.

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.

Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.

Story Highlights The live price of the Zcash token is ZEC price could hit its potential high of $61.12 by the end of 2024. Zcash price with a potential surge could go as high as $220.46 by the end of 2030. Zcash is a decentralized and open-source cryptocurrency that offers transparency and privacy of transactions.

While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn't have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period.

The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.

ZCash's recent price jump is the return of its founder, Zooko Wilcox. In December 2023, Wilcox stepped down from his role as CEO of the Electric Coin Company, which develops ZCash.

Privacy-focused cryptocurrency Zcash topped the crypto charts recently. But that's no surprise because of these two main reasons.

Zcash (ZEC) price continued from where it stopped last week, reaching a new yearly high on Monday before its recent pullback. On the mentioned date, the privacy coin hit $45.45.

Zcash has experienced a dramatic rise, showcasing one of the most impressive bullish runs among cryptocurrencies. On July 5, the coin traded at a low of $15.78, but by August 12, it had soared to a high of $43.44.

However, one should not get carried away by excessive enthusiasm: these are remarkable performances only in the short term

ZEC, HNT and SUI produce double and triple-digit gains even as the wider crypto market continues to reel from last week's sharp correction.

Zcash looks set to give up some of its recent gains as profit-taking commences.

Zcash founder joins Shielded Labs to expedite the transition to a hybrid PoS consensus. The upgrade aims to enhance network security, reduce transaction times, and energy efficiency.

The support from Winklevoss comes at a time when the regulatory environment of the United States is rapidly unfolding.

As the regulatory development in the United States unfold, Gemini exchange co-founder Tyler Winklevoss announced his support for the privacy coin ZCash. The Winklevoss-twin will be supporting the independent ZCash organization Shielded Labs.

Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism.

Zcash (ZEC), the decentralized cryptocurrency created to improve privacy in the blockchain sector, has seen its price increase by a staggering 90% in the last 30 days.

As Thursday's historic price pump in major cryptos eases on Friday, investors are scouring altcoin markets for top crypto performers today that have been able to maintain strong momentum into the weekend.

Zcash has recorded an impressive price run over the past month amid a rebound, but mixed signals from the daily and weekly charts question the asset's next price direction.

No sooner than Bitcoin reclaimed $57,000, the market participants appear to have become hopeful of the upcoming trend. Furthermore, some altcoins have retained significant profits even during the recent collapse and thus may emerge as top performers in the next bullish action.

The cryptocurrency market is brimming with optimism as traders anticipate significant surges to new all-time highs. Despite a relatively flat performance for most digital tokens over the past 24 hours, privacy coins have experienced a notable spike in trading activity.

The Zcash community has approved a proposal to allocate 20% of block rewards for a new decentralized grants system. The Zcash Foundation announced that most of the community supported the “Lockbox for Decentralized Grants Allocation,” with the proposal receiving about 63% of the community's support.

The Zcash crypto community has approved a proposal to allocate 20% of block rewards to a new decentralized grants system, aiming to enhance development initiatives across the ecosystem.

We examine the dual-edged sword of privacy in crypto, looking into how anonymity tools like mixers and privacy coins have impacted mass adoption amidst rising financial crimes. On Jan.

The EU Innovation Hub for Internal Security has released its first comprehensive report on encryption, focusing significantly on crypto-related issues. The report, a collaboration between Europol, Eurojust, and other EU agencies, delves into how cryptocurrencies are impacting law enforcement efforts.

Electric Coin Company appears to be shifting its Zcash funding approach, calling for decentralization.

Ethereum founder Vitalik Buterin provided insights about privacy-oriented ZCash, suggesting a different approach to development funding. He imagined a fusion where ZCash remains "Conservative on technology, insistent on privacy, experimental on economics.

Why choose privacy coins and financial anonymity? This guide cuts through the jargon to showcase how these digital assets empower you with transaction secrecy and untraceable fund movement.

PRVC aims to be the first of its kind, tracking the performance of companies from traditional finance and web3 alike in the privacy technology and cybersecurity sectors.

Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC).