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Zcash News Today: Zcash's Enhanced Privacy Features Ignite Debate Between Crypto Privacy and Transparency

Zcash News Today: Zcash's Enhanced Privacy Features Ignite Debate Between Crypto Privacy and Transparency

Bitget-RWA2025/11/17 03:26
By:Bitget-RWA

- Zcash (ZEC) surged 1,500% since October, driven by institutional interest and Winklevoss's rebranding of Leap Therapeutics into a Zcash treasury vehicle. - The Winklevoss-backed Cypherpunk Technologies now holds 1.25% of ZEC supply, positioning Zcash as "encrypted Bitcoin" amid privacy vs. transparency debates. - Zcash's technical indicators show bullish momentum, with shielded transactions and Project Tachyon addressing scalability while facing Bitcoin maximalist criticism. - Market capitalization surpa

Zcash (ZEC) has recently seen a remarkable comeback, recording an on-chain trading volume of around $1.17 billion within 24 hours, fueled by a resurgence of institutional interest and a significant rebranding campaign. The privacy-centric digital asset has soared more than 1,500% since October,

, after the Winklevoss twins’ investment group transformed a Nasdaq-listed biotech firm into a holding entity. Tyler Winklevoss revealed that Leap Therapeutics has been converted into , which now possesses 203,775 ZEC—about 1.25% of the total Zcash supply—and intends to increase its holdings to at least 5% . This development has reignited discussions about privacy’s place in the crypto world, who claim its optional privacy features could be exploited.

that the Winklevoss-led strategy positions Zcash as an “encrypted ,” highlighting its function for private transactions as Bitcoin maintains its status as digital gold. Cypherpunk’s leadership describes ZEC as a safeguard against surveillance-based financial systems, echoing the broader industry movement toward privacy-focused innovations .
Zcash News Today: Zcash's Enhanced Privacy Features Ignite Debate Between Crypto Privacy and Transparency image 0
From a technical perspective, Zcash’s price has demonstrated strength, and moving above important moving averages, with indicators pointing to the possibility of additional upside. The 4-hour chart shows that selling pressure is easing, while the Relative Strength Index (RSI) hovering near 49 , indicating cautious optimism among buyers.

The surge in Zcash has also deepened ideological rifts within the digital asset community. Detractors, including Bitcoin supporters such as Bit Paine, have described the rally as a “coordinated pump and dump,”

. On the other hand, advocates like BitMEX’s Arthur Hayes argue that privacy is essential in today’s surveillance-heavy environment, providing a scalable way to achieve compliant anonymity. This ongoing debate highlights the broader conflict between openness and privacy, as , surpassing Monero to become the top privacy coin.

Recent technological progress has further reinforced Zcash’s standing. The Zashi wallet now defaults to private transactions, with 20–25% of ZEC in circulation stored in shielded addresses and 30% of transfers utilizing shielded pools

. Project Tachyon, spearheaded by Sean Bowe, is working to boost throughput to thousands of private transactions per second, . Meanwhile, institutional uptake is on the rise, drawing increased attention from major industry players.

As Zcash faces regulatory challenges and internal disagreements, its path reflects a growing investor focus on privacy-oriented solutions. With

, Zcash’s expansion could shape Bitcoin’s future, to meet compliance requirements. For now, Zcash’s rapid rise underscores a market that is increasingly willing to balance transparency with the need for confidential transactions.

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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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