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Last week the Bitcoin Price after having had its steady recovery all through the month of April, fell down again. The main reason was due to the raid of a South Korean cryptocurrency exchange, UPbit on Friday, as well as Mt. Gox getting involved in a massive Bitcoin sell off.
While Bitcoin price is plunging, ZCash seems to be on the other side of the situation. The price of cryptocurrency Zcash surged more than 47 percent after Gemini Trust Co., the bitcoin and other cryptocurrency exchange, announced it received approval from New York regulators to allow trading in the so-called “privacy coin” that enables anonymous trading.
After Gemini’s announcement on Monday, ZCash prices rose from $250 to $350 within an hour, adding abo...
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