Are institutions all buying the dip at $ZEC ?
First, ZEC is a leader in the privacy sector (most Bitcoin and Ethereum transaction records are public, while ZEC can hide the sender, recipient, and amount for eligible transactions). Institutions, major investors, and whales all place a lot of importance on privacy. It’s also a hot trend right now: true decentralization. Plus, Grayscale has a heavy position in ZEC, and there’s more positive news coming next month. This round of selling and shakeout has been going on for a month. In the short term, 1,050–1,100 is already the bottom. The daily chart shows clear signs of stabilizing. Shakeouts are normal—the market is too crowded. You can buy for the medium to long term, with a target of 2,000.
#Grayscale partners with Republic to launch three crypto funds
First, ZEC is a leader in the privacy sector (most Bitcoin and Ethereum transaction records are public, while ZEC can hide the sender, recipient, and amount for eligible transactions). Institutions, major investors, and whales all place a lot of importance on privacy. It’s also a hot trend right now: true decentralization. Plus, Grayscale has a heavy position in ZEC, and there’s more positive news coming next month. This round of selling and shakeout has been going on for a month. In the short term, 1,050–1,100 is already the bottom. The daily chart shows clear signs of stabilizing. Shakeouts are normal—the market is too crowded. You can buy for the medium to long term, with a target of 2,000.
#Grayscale partners with Republic to launch three crypto funds