Tag Archives: privacy-focused

Zcash News: Zcash Price Eyes $1,000 Target Despite Sharp Daily Decline

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**Zcash (ZEC) Price Analysis and Future Outlook**

Zcash (ZEC) reached about $690 on November 8, marking a significant milestone. However, it subsequently faced a substantial plunge, reflecting the inherent volatility of the cryptocurrency market.

### Recent Price Surge Driven by Privacy Focus

The initial price boost was fueled by renewed investor interest, particularly in privacy-oriented cryptocurrencies. Market sentiment surrounding privacy played a crucial role in this surge. On November 8, Zcash was trading around $689, representing an impressive increase of approximately 30% within 24 hours. During this period, its market capitalization surpassed $8 billion.

This surge coincided with intensified discussions on cryptocurrency regulations worldwide. Additionally, recent improvements to the Zcash network have encouraged adoption. Notably, the Zashi wallet now defaults to shielded transactions, enhancing user privacy and simplifying usability. These features have remained attractive to new users, contributing further to the demand.

### Understanding the Sharp Daily Declines

The “sharp daily decline” observed in Zcash’s price is not unusual given the market’s volatility. Recent surges often involve a high degree of speculation, making subsequent price corrections common following rapid increases. Investors should consider this volatility when evaluating ZEC’s short-term price movements.

### Price Targets, Halving Event, and Miner Profitability

Several analysts have projected Zcash price targets ranging between $580 and $600 by the end of November 2025. Meanwhile, longer-term forecasts by Binance users suggest an optimistic outlook, with potential prices of $659.51 by 2030 and $1,749.88 by 2050. These projections reflect strong confidence in ZEC’s future.

A key long-term factor is the upcoming Zcash halving event scheduled for November 2025. This event will reduce block rewards, historically leading to price increases due to decreased supply. However, price volatility will still be influenced by factors such as large holder (whale) leverage and overall market sentiment. Therefore, prudent caution is advised when considering investments around this period.

### Miner Activity and Network Health

The current euphoria around ZEC has been particularly beneficial for miners. The Puell Multiple, a metric that gauges miner profitability, recently reached an all-time high. Alongside this, the network’s hash rate continues to increase, indicating growing mining resilience.

The previously mentioned $1,000 price level is also approaching, signaling a potential future milestone. As a proof-of-work cryptocurrency, Zcash’s mining strength is central to its network security and price sustainability. While this is a positive indicator, miners and investors alike are reminded to “take profits along the way” to manage risk effectively.

### Conclusion

Despite experiencing sharp daily declines, Zcash (ZEC) holds significant potential. Strong miner activity, increasing retail interest, and its focus on privacy position the cryptocurrency for a possible rally toward the $1,000 mark. As such, ZEC remains a highly watched asset amid ongoing market volatility.

Stay informed and exercise caution as you navigate the evolving landscape of Zcash and the broader cryptocurrency market.
https://bitcoinethereumnews.com/tech/zcash-news-zcash-price-eyes-1000-target-despite-sharp-daily-decline/

Arthur Hayes Puts Zcash Right Behind Bitcoin in His Portfolio

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Arthur Hayes, co-founder of BitMEX, revealed that Zcash (ZEC) is now the second-largest liquid asset in his Maelstrom family office portfolio, right after Bitcoin. This shift highlights Hayes’ growing confidence in privacy-focused cryptocurrencies as part of his long-term investment strategy.

Zcash has recently surged back into the spotlight following an aggressive price increase in recent weeks. The token was trading near $750, marking its highest level since 2018. Hayes shared this update on his social media, emphasizing how the ZEC price rally has altered the composition of his previously Bitcoin-dominated portfolio. Unsurprisingly, this announcement sparked renewed interest in the privacy coin narrative.

### ZEC Faces a Sharp Dip but Bullish Momentum Still Intact

Despite ZEC’s remarkable recent surge, its price dropped by approximately 10.60% within the past 24 hours, settling around $543. This sudden decline has caused concern, particularly among investors who entered the market near the peak.

However, analyst Chiper X quickly reassured the community, explaining that the dip is not a sign of weakness but rather a healthy retracement to a previous demand zone. According to the analyst, “The long-term market structure remains bullish. Liquidity has been swept away, and the price is reacting from a key support zone.” He added that as long as this higher time frame support holds, the potential for the next wave of price appreciation remains open.

Additionally, the privacy narrative promoted by Zcash continues to gain traction. It was previously reported that ZEC’s late-October surge was partly driven by increased attention to Zcash’s secure wallet activity. Some have even argued that Zcash could become Bitcoin’s successor due to its confidential transaction features, further fueling enthusiasm around the coin.

### Zcash Doubles Down on Security and Governance Upgrades

Zcash’s fundamentals are equally compelling. The Electric Coin Company (ECC), the team behind Zcash’s development, recently released their roadmap for the final quarter of 2025. Key highlights include major updates to the Zashi wallet and enhancements to transaction security.

One flagship feature is the introduction of multisig Pay-to-Script-Hash (P2SH) support for the Keystone wallet. This upgrade aims to bolster the security of development funds and improve the ecosystem’s governance framework.

These technological advancements demonstrate that Zcash is not only experiencing a price rally but is also strengthening its underlying infrastructure.

### Shifting Market Sentiment Toward Privacy-Focused Assets

Market sentiment towards privacy-focused assets like ZEC is evolving. After a prolonged period during which these tokens were seen as “too complicated” or vulnerable to regulatory scrutiny, the narrative around the right to privacy is resurging.

In this changing landscape, Zcash appears well-positioned to benefit from renewed interest, combining both a strong technical foundation and rising market confidence.

As Arthur Hayes’ portfolio update shows, privacy coins are becoming an increasingly important component of cryptocurrency investment strategies. Zcash’s recent price action and roadmap developments suggest that it could play a significant role in the future of digital assets.
https://bitcoinethereumnews.com/bitcoin/arthur-hayes-puts-zcash-right-behind-bitcoin-in-his-portfolio/

Crypto Whales Are Buying These 3 Tokens For Gains In November

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The first day of the month is already revealing where crypto whales are placing their bets for gains in November. Across several tokens, major players are increasing their positions even as markets remain volatile. What stands out is how whales are moving differently across sectors, from privacy tokens to decentralized exchanges and even SocialFi projects—hinting at where early strength could surface this month.

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### Railgun (RAIL)

Railgun has already crossed above the 50 EMA, confirming a shift toward bullish momentum. The 50 EMA is now approaching the 100 EMA, hinting that another crossover could trigger the next leg of the rally. If that “Golden” crossover completes, Railgun could target $5.01, a key psychological level, followed by $6.79.

However, $3.97 and $3.32 serve as crucial support areas and common rebound bases after rallies. A sustained move below $2.28 would invalidate this bullish structure and suggest that whale accumulation might pause.

For now, though, crypto whales seem convinced that Railgun could be one of the standout bets for potential gains in November.

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### Aster (ASTER)

The second token crypto whales appear to be eyeing for potential gains in November is **Aster (ASTER)**. It is a next-generation decentralized exchange (DEX) built on the BNB Chain, offering both spot and perpetual trading across multiple chains.

After a quiet week in October, the Aster whales have turned active again at the start of November. Over the past 24 hours, whale holdings have increased by 11.98%, raising their total stash to 21.77 million ASTER. This means whales added nearly 2.33 million tokens, worth around $2.3 million.

Even top 100 addresses—the larger “mega whales”—saw a small but steady increase, confirming accumulation across both large and mid-sized wallets. ASTER is up 7% in the past 24 hours, even though it remains down about 10% for the week, suggesting whales might be positioning early for a rebound.

The price action supports that view. The ASTER price is trading inside a pennant-like pattern, a setup that often appears before strong directional moves. A 4-hour close above $1.06 would signal a breakout and could push prices toward $1.09 or even $1.22 if momentum builds.

However, a drop below $0.94 or $0.92 could invalidate the setup, opening room for a decline to $0.85. Since the lower pennant trend line has only two touch points, it remains a weaker support. Still, whales seem to be betting on the upside as ASTER trades closer to its breakout zone.

With growing accumulation and a tightening technical setup, Aster could be one of the stronger crypto whale bets for November gains if the breakout confirms.

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### Pump.fun (PUMP)

While crypto whales snapped up Railgun and Aster in the last 24 hours, their accumulation of **Pump.fun (PUMP)**—a SocialFi project on Solana—has been going on quietly for a full week.

Pump.fun lets users easily create and launch meme coins on the Solana network. It is a trend that has generated significant social buzz and rapid rotations among small-cap traders.

Over the past seven days, whale balances have risen 11.84%, lifting their total stash to 17.13 billion PUMP. This means whales added around 1.81 billion tokens, worth close to $8.1 million.

The increase aligns with steady drops in exchange balances. All of that shows that most purchases are being moved off-exchange—a classic sign of conviction buying.

PUMP is up 10% in the past week and nearly 5% over the past 24 hours, indicating that whales have been buying into strength rather than fading the rally.

On the 12-hour chart, the PUMP price is forming a flag-and-pole pattern, which usually signals a pause before another breakout in the same direction. The token has tested both the upper and lower flag trendlines several times, typical for a volatile new asset consolidating after a rally.

A break above $0.0049 would confirm a bullish breakout, with short-term targets at $0.0053 and $0.0061. Based on the pole’s projection, a full breakout could push PUMP toward $0.0078, marking a 60% potential move.

If momentum stays strong, even the previous all-time high of $0.0088 could come into play. That way, a move beyond $0.0095 would mark a new record.

For now, whales appear to be front-running the breakout, steadily adding exposure while the market awaits confirmation. The bullish trend will lose effect if the 12-hour PUMP price candle closes under $0.0041.

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Crypto whales’ movements this November suggest specific tokens could outperform amid ongoing market volatility. Railgun, Aster, and Pump.fun stand out as key projects where major holders are increasing positions, setting the stage for potential rallies in the weeks ahead. Stay tuned to see if these whale-driven bets pay off.
https://bitcoinethereumnews.com/crypto/crypto-whales-are-buying-these-3-tokens-for-gains-in-november/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-whales-are-buying-these-3-tokens-for-gains-in-november