The price of ZEC surged to $243.84 following Silbert’s announcement, but has still fallen more than 20% since reaching a six-month high of more than $300 on Nov. 25.
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The price of ZEC surged to $243.84 following Silbert’s announcement, but has still fallen more than 20% since reaching a six-month high of more than $300 on Nov. 25.
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The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.
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Grayscale said it would proceed “once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market.”
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Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.
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New partnerships and protocol upgrades back the strong rallies seen in Horizen, Hedget and Zcash over the past few months.
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Hydroelectric energy will power a new Bitcoin mining pool following Argo’s partnership with DMG Blockchain.
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