ZEC rises 0.69% following the introduction of a privacy-focused treasury
- Cypherpunk Technologies , rebranded from Leap Therapeutics, launched a $50M Zcash (ZEC) treasury, acquiring 1.25% of total supply at $245.37 average cost. - Winklevoss Capital led a $58.88M private placement, supporting ZEC's strategic value as "encrypted bitcoin" with privacy features complementing Bitcoin's transparency. - ZEC surged 829.57% year-to-date but dropped 15.07% in seven days, reflecting crypto market volatility amid growing adoption of privacy-focused assets. - The company plans to accumula
As of November 14, 2025, ZEC increased by 0.69% in the past day, reaching a value of $525.16. Over the previous week, ZEC declined by 15.07%, but it climbed 29.27% in the last month and surged 829.57% over the past year.
Cypherpunk Technologies, which was previously known as Leap Therapeutics, introduced a $50 million
Douglas E. Onsi, CEO of
In a public statement on X, Tyler Winklevoss, Gemini’s co-founder, underscored Zcash’s role as a valuable complement to
Zcash has experienced notable price swings recently, rallying 1,775% from September to a peak of $750 in early November, before correcting to about $420. Currently, ZEC is trading at $525.16, reflecting a 0.69% increase in the last 24 hours and a 15.07% decrease over the past week. This volatility highlights the broader trends in the market and the growing interest in privacy-focused cryptocurrencies.
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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