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Posted On: November 3rd 2026, 07:46 am
ZEC fell 13% amid a dispute over Zcash's grant fund.
Zcash is a privacy coin. Part of each block reward funds Zcash Community Grants (ZCG).
Reported: Zcash's co-founders disagree about the future of that fund. A draft compromise is on the table, but it is not approved. A large holder known as "Big Z" exited ZEC over the dispute.
ZEC dropped from $1,284 to $1,120, its lowest since 24 Oct. Reported: about $13.6m of positions were liquidated in 24 hours, about 88% of them longs.
Next: the NU7 network upgrade is expected on 5 Nov (reported). A final decision on the fund would remove one reason to sell.
Reported via Bitcoin.com, KuCoin News and CryptoTicker. Price data: Binance USDT perps.
Market data for education, not trading advice.
#crypto #zcash #zec #cryptotrading
Zcash is a privacy coin. Part of each block reward funds Zcash Community Grants (ZCG).
Reported: Zcash's co-founders disagree about the future of that fund. A draft compromise is on the table, but it is not approved. A large holder known as "Big Z" exited ZEC over the dispute.
ZEC dropped from $1,284 to $1,120, its lowest since 24 Oct. Reported: about $13.6m of positions were liquidated in 24 hours, about 88% of them longs.
Next: the NU7 network upgrade is expected on 5 Nov (reported). A final decision on the fund would remove one reason to sell.
Reported via Bitcoin.com, KuCoin News and CryptoTicker. Price data: Binance USDT perps.
Market data for education, not trading advice.
#crypto #zcash #zec #cryptotrading
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