A listing on Coinbase seems to be more as a curse than a blessing for the digital assets added to the platform. ZCash (ZEC) experienced the same crash in prices, which almost coincided with the launch of live Coinbase offers.
As of 18:00 UTC on December 5, ZEC slid from above $70 to $65 level, spending an entire week on a downward slope from recent levels above $89. For now, volumes have inched up to $162 million equivalent in 24 hours. The asset currently trades at extremely low levels, down 93% from peak prices and 80% year-on-year.
The ZCash project includes the option for anonymous transactions but also an option to reveal enough to link the transaction to an identity. ZEC has been more widely accepted than Monero (XMR), an anonymous asset that has been quietly removed f...
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