Zcash Long-Term Holder Cobie Reaffirms Commitment

The post Zcash Long-Term Holder Cobie Reaffirms Commitment appeared com. Key Points: Zcash long-term holders faced challenges and scams early on. Cobie confirms Zcash investment without paid promotions. Zcash community sentiment suggests renewed bullish interest. Crypto influencer Cobie revealed on November 16 that he has held Zcash (ZEC) since 2016 without participating in paid promotions, sharing insights on the enduring challenges faced by long-term ZEC holders. The statement highlights ZEC’s turbulent history and draws attention to increased market activity, underscoring the psychological resilience needed by long-term investors as ZEC gains renewed interest. Cobie Confirms Zcash Holdings Since 2016 Cobie confirmed his ongoing Zcash commitment from a Twitter post, where he articulated the challenging history experienced by enduring ZEC holders. Jordan Fish, alias Cobie, shared insights on the hurdles and scams such investors have faced over the years. Despite these historical difficulties, he stressed untarnished advocacy for privacy-focused cryptocurrency innovations free from monetary incentives. The event re-contextualizes Zcash’s market narrative, reinforcing the unwavering belief among seasoned investors. A clear shift in sentiment boosts confidence among new investors, who might lack the historical perspective of past challenges faced by predecessor holders. “New holders may not understand the ‘harsh lessons’ that old holders have experienced over the past decade with ZEC. So when ZEC finally enters a bull market, they think we got paid. Most of us in this group have been scammed by so-called ‘mining contracts’ even before ZEC was launched.” Zcash Trading and Market Analysis: Strong Growth Indicators Did you know? In the past decade, privacy coin discourse typically intensified around major privacy or security events, similar to post-Tornado Cash rulings. Such historical surges often align with Cobie’s commentary periods. CoinMarketCap data reveals Zcash’s current trading price at $710. 02, with a market cap nearing $11. 58 billion. Noteworthy is Zcash’s 24-hour trading volume of $2. 83 billion, despite a 10. 63% decrease. Price gains. Continue reading Zcash Long-Term Holder Cobie Reaffirms Commitment

Zcash Treasury Company Launches With Winklevoss Backing

The post Zcash Treasury Company Launches With Winklevoss Backing appeared com. In brief Biotech company Leap Therapeutics purchased 203, 775. 27 ZEC tokens at an average price of $245, one of the largest corporate bets on privacy-focused crypto. The firm has rebranded to Cypherpunk Technologies Inc. as part of its pivot to a digital asset treasury strategy, completing a $58. 88 million private placement led entirely by VC firm Winklevoss Capital. Leap Theraputics’ digital asset holdings will complement its biotech business, according to a press release. Nasdaq-listed Leap Therapeutics has rebranded to Cypherpunk Technologies Inc. as it pursues a digital asset strategy by accumulating ZEC, the native token of privacy coin Zcash. The Cambridge-based biotechnology firm announced Wednesday it will deploy capital to initiate a digital asset strategy after securing a $58. 88 million private placement led by Winklevoss Capital, the venture capital firm founded by Gemini founders Cameron and Tyler Winklevoss, according to a press release shared with Decrypt. The company has already purchased 203, 775. 27 ZEC at an average price of $245 per token using $50 million of the proceeds, and will begin trading under the new ticker symbol CYPH on Thursday. Cypherpunk Technologies joins a growing list of public companies using crypto as a balance-sheet strategy, following Strategy’s Bitcoin playbook and similar treasury experiments across the corporate world. Cypherpunk’s pivot focuses on Zcash, the largest privacy-focused crypto, which uses zero-knowledge proofs to verify transactions without revealing wallet addresses or amounts, unlike Bitcoin’s fully transparent ledger.  Zcash surged nearly tenfold in two months, peaking near $735 on Friday and triggering $51 million in short liquidations, before easing to about $464 early Wednesday, according to CoinGecko data, still 85% below its 2016 high of $3,191. Douglas E. Onsi, President and Chief Executive Officer of Cypherpunk Technologies, said the company’s digital-asset holdings will complement its biotech business while “creating long-term shareholder value through active participation in. Continue reading Zcash Treasury Company Launches With Winklevoss Backing

Bitcoiners louden call for Signal to adopt BTC in new campaign

Jack Dorsey and Peter Todd are among the Bitcoiners voicing support for privacy messaging app Signal to adopt Bitcoin amid a “Bitcoin for Signal” campaign. Several Bitcoiners, including Jack Dorsey, have reinforced their push for the privacy-focused messaging app Signal to adopt Bitcoin through a new “Bitcoin for Signal” campaign, which aims to integrate Bitcoin with the Cashu protocol to enable payments within the app.“@Signalapp should use Bitcoin,” Dorsey posted to X on Thursday, retweeting a post from pseudonymous Bitcoin developer Cashu, who is behind the Bitcoin for Signal campaign. Bitcoin for Signal aims to implement Cashu’s “Chaumian Ecash” solution, which integrates Bitcoin with the Cashu protocol to enable Bitcoin payments on Signal. Read more. Continue reading Bitcoiners louden call for Signal to adopt BTC in new campaign