Zcash jumps 20% to landmark $1,000 level as short sellers lose $34 million
ZEC briefly traded above $1,020 as a sharp rally forced traders betting against the token out of leveraged positions.
ZEC briefly traded above $1,020 as a sharp rally forced traders betting against the token out of leveraged positions.
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal. The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the… Read More
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation. The largest token traded around $65,800 on Wednesday, down 0.3% over 24 hours but up 7.4% on the week, per CoinDesk data, holding near $66,000 as traders waited… Read More
Crypto company Gemini reported a 42% year-over-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange to a financial services company. Total revenue for the Winklevoss twins’ company grew 42% year over year to $50.3 million in the… Read More
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2210.86, up 2.5% (+53.36) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: NEAR (+16.0%)… Read More