Is the Coinbase “Pump” Working? Zcash Drops 17% From Daily Peak

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. On November 30, Zcash (ZEC), a privacy-focused cryptocurrency, was integrated into Coinbase Pro, a U.S.-based regulated digital asset exchange operated by Coinbase. The exchange told investors that throughout the foreseeable future, withdrawals of Zcash shielded transactions, private or anonymous transactions on the Zcash network, will not be supported. Coinbase said: “Initially, we will support deposits from both transparent and shielded addresses, but only support withdrawals to…

Is the Coinbase “Pump” Working? Zcash Drops 17% From Daily Peak

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. On November 30, Zcash (ZEC), a privacy-focused cryptocurrency, was integrated into Coinbase Pro, a U.S.-based regulated digital asset exchange operated by Coinbase. The exchange told investors that throughout the foreseeable future, withdrawals of Zcash shielded transactions, private or anonymous transactions on the Zcash network, will not be supported. Coinbase said: “Initially, we will support deposits from both transparent and shielded addresses, but only support withdrawals to…

Investors in US Market Paid $39,000 to Buy Bitcoin at Peak Using GBTC

Twitter Facebook LinkedIn In the bull market of 2017, crypto investors paid more than $40,000 per Bitcoin (BTC) to purchase the dominant cryptocurrency. In the US market, a product called the Bitcoin Investment Trust (GBTC) offered by Grayscale Investment, a subsidiary of Digital Currency Group (DCG) exists that allows retail investors to invest in Bitcoin through the same account used in the stock market and other public markets. $39,000 Per BTC Every share of GBTC, an investment vehicle listed on OTC Markets, an American financial market providing price and liquidity…

IOTA Price Falls Nearly 20 Percent from Late August Peak

The IOTA value on Thursday continued to trend downwards and fell more than 18 percent since its late August-high near $0.8154. The IOT/USD stated the early Asian trading session by breaking below a critical support level around 0.7294-fiat, opening a path of least support towards the next downside targets. As the session matured and the European timing came into play, the pair had already fallen by 8.7 percent. IOT/USD is now near the early August resistance – visibly a strong one to the upside – near 0.6751-fiat, which is now…