🚀 Spectacular Zcash rally: the privacy-focused crypto shocks the markets
Welcome to the Daily for Saturday, November 8, 2025 ☕️
Hello Cointribe! 🚀
Today is Saturday, November 8, 2025, and as every day from Tuesday to Saturday, here’s a summary of the last 24 hours of must-know crypto and tech news !
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
🌧️ Rainy
24h crypto recap! ⏱
💰 Kazakhstan creates a $1 billion crypto fund from seized assets
The Kazakh government has launched a $1 billion fund financed through the sale of assets seized in crypto-related criminal cases. The initiative aims to support national blockchain innovation and enhance transparency within the financial sector.
👉 Read the full article
🏛️ Ripple abandons IPO plans after winning its case against the SEC
Despite favorable conditions and a record year, Ripple has ruled out going public. President Monica Long stated that the company already has the financial strength to continue growing without an IPO.
👉 Read the full article
🌍 UNDP launches a global blockchain campaign for governments
The United Nations Development Programme (UNDP) is rolling out a comprehensive training and advisory initiative to help governments adopt blockchain for public data management and budget transparency.
👉 Read the full article
📈 Google Finance integrates AI and prediction markets to refine its analyses
Google Finance has introduced a new analytics engine that combines artificial intelligence with data from prediction markets. The system provides users with more accurate forecasts on stocks, cryptocurrencies, and macroeconomic trends.
👉 Read the full article
Crypto of the Day: Zcash (ZEC)
🧠 Innovation and Added Value
Zcash is a cryptocurrency focused on privacy and the protection of financial data. Launched in 2016 by the Electric Coin Company team, it relies on an advanced cryptographic protocol called zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge).
This technology makes it possible to validate a transaction without revealing the sender, recipient, or the transferred amount — a major breakthrough compared to Bitcoin, whose blockchain is entirely public.
Zcash also stands out for its dual-mode system: each transaction can be transparent (visible on-chain) or shielded (completely private). This flexibility strikes a balance between regulatory compliance and privacy protection.
In the Web3 era, Zcash has become a pioneer in cryptography applied to financial sovereignty, a key issue in a world moving toward digital control and CBDCs.
💰 The Token
ZEC is the native token of the Zcash network. It is primarily used for confidential payments while securing the network through the Proof-of-Work (PoW) mechanism.
Each transaction made in ZEC can be either public or fully private depending on the user’s choice. The token also funds miners and supports long-term development through the Zcash Development Fund, which finances ongoing research and protocol improvements.
Holders of ZEC thus benefit from a scarce, secure asset aligned with the core principles of Web3: autonomy, privacy, and selective transparency.
📊 Live Performance
💵 Current Price: $574.98
📉 24h Change: −18.87 %
💰 Market Cap: $9,364,294,454
🏅 Rank on CoinMarketCap: #14
🪙 Circulating Supply: 16,286,239 ZEC
📊 24h Volume: $4,179,524,574
Zcash soars to $735: the unexpected comeback of the privacy-focused crypto
A +900% surge in just a few weeks, tens of millions in short liquidations, and renewed interest in digital privacy — Zcash (ZEC) is making a spectacular return to the crypto spotlight. Far from its golden age, yet more relevant than ever, the asset reignites the debate around privacy-oriented cryptocurrencies.
A spectacular rally driven by volatility and liquidations
On November 7, Zcash hit $735 before stabilizing around $666, marking a weekly increase of more than 74%. This rebound is part of an exceptional trend — a +900% rise in five weeks after months of stagnation near $40.
This sharp movement came with significant liquidations. According to data shared by Cointribune, traders betting against the price surge saw their positions wiped out: over $51 million in short contracts were liquidated. On that day, ZEC became the third most liquidated asset, behind Bitcoin and Ethereum.
Although spectacular, this rally comes in a context where volatility remains a key feature of digital assets. The fact that ZEC is still 79% below its all-time high of $3,191 reminds investors to stay cautious — but also highlights the specific opportunities the crypto ecosystem can offer.
Privacy, Bitcoin alternative, and judicial shockwave: the drivers behind the revival
Several fundamental factors may explain this comeback. The first is a renewed global interest in privacy-preserving cryptocurrencies, at a time when concerns about digital surveillance are growing.
Zcash, which relies on zk-SNARKs technology enabling fully anonymous transactions, positions itself as a pioneer in this field. This strategic stance, catering to users who wish to escape the transparency of public blockchains, fuels renewed attention around the asset.
A second, more unexpected factor could also have contributed to this surge: the recent sentencing of Keonne Rodriguez, founder of Samourai Wallet, to five years in prison for unlicensed money-transmission activities. This ruling was widely seen as an attack on privacy-oriented tools in the crypto world, strengthening the resolve of a community eager to defend such solutions.
In this dual context — technological and judicial — Zcash is regaining its relevance as a major voice in the digital-privacy debate. While its story is not new, its current momentum demonstrates an ability to adapt and endure that could attract a new wave of investors.
