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Zcash Hits Highest Price in Nearly a Decade, Crushing Short Bets

The privacy coin's squeeze rode a Fed-driven crypto rally that reversed hours later, when a stronger-than-expected jobs report sent Bitcoin back under $80,000.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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09-07 12:31

Zcash hits highest price since 2016 as market cap tops $20B

ZEC gained 45% over the past week, extending its rally since Grayscale converted its Zcash Trust into an ETF that began trading Aug. 25.

08-20 16:04

Bitcoin Hits Highest Price Since June as $3 Billion in Shorts Liquidated

Bitcoin punched above $72,000 Thursday, extending a two-day squeeze that's wiped out the most short positions on record and mounted the first real challenge to a bearish chart that's held since November.

08-24 17:48

Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M

As BTC tops $80,000 for the first time since May, price analysis warns that the market still needs to sustain higher levels to challenge the bear-market thesis.

08-24 17:50

Zcash Hits Eight-Year High as Futures Bets Nearly Double

ZEC broke above $880 while open interest in perpetual futures climbed to $1.8 billion.

07-08 11:45

Both WTI and Brent crude oil prices fell by about $1 in the short term, while spot gold rose by about $20 in the short term.

According to Odaily data, WTI and Brent crude oil prices fell by about $1 in the short term, while spot gold rose by about $20. In terms of news, Trump did not reiterate his intention to terminate the interim agreement with Iran during the NATO summit.

07-08 01:26

Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share.

Mars Finance reported on July 8th that Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share. (Science and Technology Treasure Broadcast)