The controversy between Bitcoin (Bitcoin) and like cash (Like you) Communities intensified on Sunday as the price of Zcash rebounded to over $700, after falling to a low of $598 on Saturday.
“The ‘just bitcoin, everything else is a scam’ crowd will really get their heads around trying to figure out what to say about Zcash,” Hunter Horsley, CEO of investment firm Bitwise, said. He said In X’s post, igniting a storm of responses.
“No, we are very comfortable calling this clearly coordinated pump and dump of venture capital currency a scam,” BitPayne said. He said In response, ref Zcash rises by 1500% Since October.
Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius and a vocal Zcash supporter, agreed with Horsely and Distinguished Bitcoin community criticizes privacy coin as conspiracy theories.
Zikash Breaking eight-year highs In October, Monero flipped (XMR) to become the highest private currency in terms of market capitalization, with a market value of more than $11.2 billion at the time of writing these lines. Revive the privacy conversation In the crypto industry.
Related to: The truth behind the privacy-focused Zcash protocol’s return in 2025
Zcash’s rise revives the conversation around privacy, as industry executives rally around it
Zcash is ranked the 12th largest cryptocurrency by market cap, according to CoinMarketCap. It’s close to breaking into the top ten By canceling the native token of the Cardano ADA network (Ada), which has a market capitalization of more than $17 billion at the time of this writing.
In November, Arthur Hayes, founder of cryptocurrency exchange BitMEX, said that Zcash is now the cryptocurrency The second largest liquid investment is held by MaelstromHis family office, with BTC being the largest liquid asset held by the fund.
Leap Therapeutics, a biotechnology company, It has been rebranded to Cypherpunk Technologies, a Zcash treasury company, on Wednesday, with backing from the Winklevoss Twins’ Winklevoss Capital, causing… Shares rise more than 170% On the news.
The meteoric price rise has also revived talks about… Integrating privacy into the Bitcoin protocol By reactivating the Bitcoin operating code known as OP_CAT, which can enable privacy and other advanced features natively on the Bitcoin protocol.
magazine: 2026 is the year of practical privacy in cryptocurrencies: Canton, Zcash and more
