‍Raoul Pal Analyzes Zcash Surge: Rotation vs. Bull Trend Macro investor Raoul Pal suggests Zcash's significant price appreciation may stem from capital rotation, not a sustainable bull trend. Despite a ~699% year-to-date increase, ZEC has seen a 37% decline over the past 30 days, trading around $385.81. Factors driving Zcash's market cap growth from under $1B to over $7B include Grayscale's filing for a spot ETF, endorsements projecting $10,000 targets, and growing demand for privacy. ZEC's performance will indicate whether this is a temporary spike or sustained institutional accumulation.
Cryptovka
Raoul Pal Analyzes Zcash Surge: Capital Rotation vs. Bull Trend
The recent volatility in the privacy-focused cryptocurrency Zcash (ZEC) has sparked a debate among macro investors regarding the sustainability of ...
‍SEC Classifies Bitcoin Mining Hosting as Securities in $48M VBit Case The SEC has filed a lawsuit against VBit Technologies and its founder, Danh Vo, alleging that their Bitcoin mining hosting services constitute unregistered securities. The regulator claims VBit misappropriated approximately $48 million in investor funds between 2018 and 2022 through a fraudulent scheme. The SEC applied the Howey test, arguing that "Hosting Agreements" met the criteria for investment contracts due to investors' expectation of profit, reliance on VBit's efforts, and a common enterprise. Industry experts suggest VBit's decision to pool all hashrate under company control was a key factor in the SEC's aggressive stance. This case could significantly impact how mining-as-a-service providers structure their operations.
Cryptovka
SEC Labels Bitcoin Mining Hosting as Securities Amid $48M VBit Case
The United States Securities and Exchange Commission (SEC) has intensified its oversight of the cryptocurrency mining sector by filing a lawsuit ag...
‍Charles Hoskinson Warns Trump's Crypto Ventures Risk Industry Progress Charles Hoskinson, founder of Cardano, has voiced concerns over Donald Trump's involvement in personal cryptocurrency ventures. He argues that a Trump-themed meme coin and the World Liberty Financial project have politicized digital assets, transforming them from a bipartisan policy issue into a partisan liability. This shift could impact the industry's long-term prospects ahead of the 2026 midterm elections. Hoskinson stated that the launch of a "Trump coin" changed the political discourse, providing critics with ammunition to frame crypto as a partisan issue. He also opposes the administration's proposed Strategic Bitcoin Reserve, particularly its expansion to include altcoins like Ethereum, Solana, XRP, and Cardano, arguing the state should not "pick winners and losers." Hoskinson believes a robust regulatory framework should precede such high-profile political crypto ventures.
Cryptovka
Charles Hoskinson Warns Trump’s Crypto Ventures Risk Industry Progress
Charles Hoskinson, the founder of Cardano (ADA), has expressed significant concerns regarding the involvement of President Donald Trump in personal...