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Zcash News Update: Cypherpunk's Shift in ZEC Treasury Sparks Privacy-Focused Zcash Rally

Zcash News Update: Cypherpunk's Shift in ZEC Treasury Sparks Privacy-Focused Zcash Rally

Bitget-RWA2025/11/18 06:28
By:Bitget-RWA

- Zcash (ZEC) surged 10.72% to $683.14, driven by Cypherpunk's $50M treasury initiative and Winklevoss's $58.88M investment. - Institutional moves and Zashi Wallet's shielded swaps highlight Zcash's privacy-centric positioning as a Bitcoin alternative. - Bitget data shows ZEC outperformed benchmarks with 22.6% average excess returns post-large price jumps. - Cypherpunk plans to increase ZEC holdings to 5% supply, signaling strategic shift to digital assets amid regulatory uncertainty. - Market analysts not

Zcash (ZEC) has jumped 10.72% over the past day,

, following a $50 million treasury program spearheaded by . Previously known as Leap Therapeutics, the company , reflecting growing institutional trust in this privacy-oriented digital asset. Alongside Winklevoss Capital’s $58.88 million private investment in October, this development , according to Gemini co-founder Tyler Winklevoss.

The recent rally has also been propelled by Zcash’s introduction of the Zashi Wallet, which

through the . Electric Coin Capital, the main developer behind the project, for privacy coins as the EU tightens rules on cash and requires identity checks for crypto transactions.
Zcash News Update: Cypherpunk's Shift in ZEC Treasury Sparks Privacy-Focused Zcash Rally image 0
. , ZEC has historically delivered a 22.6% average excess return 30 days after major price spikes, beating standard benchmarks.

Zcash’s price has experienced significant swings,

in early November before stabilizing near $673. Traders are now watching for a move to $875, . Market data shows robust buying activity in both spot and derivatives markets, with futures volume and open interest up 43.93% to $1.28 billion. The Long Short Ratio stands at 1.04, indicating a bullish majority, though $495 is seen as a critical support if prices pull back.

Cypherpunk Technologies aims to boost its

holdings to 5% of the total supply, . CEO Douglas Onsi highlighted the treasury’s importance in “delivering ongoing value to shareholders” as the company prepares for a Nasdaq debut under the ticker . Winklevoss’s points to its potential to capture part of Bitcoin’s market share, especially as Bitcoin is projected to see substantial gains over the next five to ten years.

Analysts at Intellectia.ai

, without official endorsement from Zcash leadership or major institutions. Still, has entered a bullish phase, indicating strong upward momentum. Should the rally persist, may attempt to retest its all-time high of $9,450, though some warn of risks related to transparent address leaks during shielded transactions.

With ongoing regulatory uncertainty in the crypto sector, Zcash’s privacy features are drawing investors looking for alternatives to Bitcoin’s open ledger. Backed by Cypherpunk’s treasury strategy and institutional interest,

underscores a broader move toward privacy-focused digital assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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