Grayscale applies to convert its Zcash Trust into a spot ETF; ZEC could exceed $600
The S-3 filing by Grayscale to convert the Grayscale Zcash Trust into a Zcash spot ETF reconfigures institutional access to ZEC and has already shifted market behavior. The announcement, aimed at listing under the ticker ZCSH on NYSE Arca, arrives during heightened volatility and ahead of a November 2025 halving, placing $600 as a decisive […]
Binance Faces Legal Challenges: CZ Pardon and $1 Billion Terrorism Financing Lawsuit
The Binance cryptocurrency exchange is experiencing significant institutional pressure following the presidential pardon of founder Changpeng Zhao (CZ) on October 23, 2025, alongside a civil lawsuit of approximately $1 billion filed by victims of the October 7 attack. The lawsuit accuses the exchange of facilitating transfers to terrorist organizations. Binance, which handles daily spot trading […]