Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders 
watched from the sidelines. Will TradFi reignite the rally to $100,000?

Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out

Zcash is down 3.7% for the week, and up just 0.2% for the month. However, over 
the course of a year, it&#8217;s up 642.3%.

Zcash slides despite SEC clearing Zcash Foundation of enforcement risk

Zcash (ZEC) is back on investors’ radar after U.S. regulators ended a long- 
running investigation into the Zcash Foundation without enforcement. The 
decision removes a key source of uncertainty that had followed the privacy- 
focused cryptocurrency since 2023. Related Reading: XRP Price Is Approaching A 
Key Decision Zone, But Structure Is Still Firmly Bullish Markets reacted 
quickly, with ZEC posting double-digit gains in some sessions and stabilizing 
above the $400 level. While regulatory clarity has helped improve sentiment, 
questions around governance and long-term development remain. ZEC&#8217;s price 
trends sideways after a violent move upwards on the daily chart. Source: 
ZECUSD on Tradingview SEC Closes Two-Year Zcash Investigation The U.S. 
Securities and Exchange Commission confirmed it has concluded its review of 
the Zcash Foundation, which began with a subpoena issued on August 31, 2023. 
The inquiry focused on potential securities law concerns tied to Zcash’s 
funding model, governance structure, and token distribution. According to the 
foundation, the SEC does not intend to recommend enforcement action, fines, or 
operational changes. This outcome marks a notable shift for privacy-focused 
cryptocurrencies, which have often faced heightened regulatory scrutiny due to 
concerns about illicit use. The decision suggests that Zcash’s privacy 
features alone were not deemed sufficient grounds for action under existing 
securities laws. The closure also aligns with a broader trend of the SEC 
withdrawing from several high-profile crypto investigations in recent months 
under new leadership. For Zcash, the end of the probe removes a regulatory 
overhang that had weighed on investor confidence for nearly two years. Market 
Reaction and Price Projections Following the announcement, ZEC surged between 
5% and 14% across major exchanges, briefly testing the $440–$450 resistance 
zone. Currently, the token is trading around $427–$442, holding above the $400 
psychological support level. Technically, ZEC remains in a consolidation phase 
after falling from its January high near $535. Resistance is clustered around 
$450–$470, while support sits near $400, with a deeper floor around $350 if 
sentiment weakens. Some analysts point to a symmetrical triangle pattern on 
longer timeframes, often viewed as a continuation structure after strong 
rallies. A confirmed breakout above the upper trendline could open the door 
toward higher levels, including a potential retest of the $1,000 mark later in 
2026. Governance Uncertainty Clouds the Outlook Despite the regulatory win, 
internal challenges persist. Earlier this month, the full development team at 
Electric Coin Company (ECC), which has led core Zcash development, resigned 
following a dispute with its nonprofit board. Former ECC leaders cited 
deteriorating working conditions and have since announced plans to launch a 
new privacy-focused wallet, cashZ, based on Zcash technology. Related Reading: 
Arthur Hayes Bets On MSTR, Metaplanet And Zcash As Bitcoin Liquidity Turns The 
Zcash Foundation has stated that network operations and protocol stability 
remain unaffected by the personnel changes. Still, the departures have raised 
concerns about governance stability, development continuity, and long-term 
coordination within the ecosystem. Cover image from ChatGPT, ZECUSD chart from 
Tradingview

Zcash Surges Post-SEC Probe: Is a Fresh Yearly High on the Horizon?

An emerging ETH futures trend is predicting an Ether price rally to $4,100, 
but other data says the altcoin is overdue for a slight correction.

ETH’s next stop could be $4.1K, but this must happen first

The legislation would allow the state‘s treasury to hold digital assets with a 
market capitalization of more than $750 billion, which applied only to Bitcoin 
as of January.

Cryptocurrency price in EUR