Zcash price eyes breakout from inverse H&S, targets 40% upside

The native token of the crypto exchange WhiteBIT (WBT) surged 20% in one day following a partnership announcement with Durrah AlFodah Holding. This collaboration aims to promote blockchain technology growth in Saudi Arabia, aligning with the Kingdom's Vision 2030 program focused on economic diversification and technological innovation.

Bitcoin's price is attempting to recover above the $95,000 mark after recently dropping to a local low of approximately $89,000. This decline has led to a significant increase in implied volatility, with Bitcoin trading around $92,858 at the time of reporting.

Solana declined 5.4% on Tuesday, reaching $133 as the cryptocurrency extended its multi-day retreat to a 13.4% weekly loss, according to market data. This decline reflects broader trends in the cryptocurrency market, where several altcoins have also faced significant losses amid a general sell-off.

Zcash, a privacy-focused cryptocurrency, has experienced a notable price surge. Ran Neuner from Crypto Banter suggests he has insights into the factors driving this increase.

CEA Industries has launched a new Treasury Dashboard that provides investors with real-time insights into its expanding cryptocurrency holdings and capital strategy. This initiative reflects the company's commitment to transparency and innovation in the rapidly evolving crypto market.

Cypherpunk Technologies has acquired $18 million in Zcash holdings, marking a strategic shift towards privacy-focused cryptocurrencies and treasury management. This investment highlights the company's commitment to enhancing its portfolio in the growing cryptocurrency market.

Dogecoin price is currently defending the $0.15 level as a double bottom pattern begins to emerge. If this pattern is confirmed, it may indicate a potential rally towards $0.20 and beyond.

Cypherpunk Technologies, a digital-asset treasury firm backed by Winklevoss, has purchased an additional $18 million in Zcash, increasing its total holdings to $150 million. This acquisition comes amid a significant rally in Zcash's price, resulting in over 100% paper gains for the firm.