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Privacy Coins Rally Driven by Technicals, Narrative

The post Privacy Coins Rally Driven by Technicals, Narrative appeared com. Privacy tokens are taking center stage this week, bucking the slump that has affected the broader cryptocurrency market. Notable commentators in the cryptocurrency space have been predicting a spike in privacy coin prices for months. Their projections now appear to be coming true. Some have wondered whether there hasn’t been a coordinated effort to pump privacy coin prices. Zcash Foundation’s executive director, Alex Bornstein, has told Cointelegraph that Zcash’s recent success is due to broader concerns about governments infringing on users’ right to privacy. A combination of hype and technicals has put privacy coins back in the spotlight as other coins struggle. Zcash Privacy coin Zcash (ZEC) has made impressive gains, with its market capitalization up more than 10% over the last week. Zcash’s price is up over 76% over the last seven days to $632. It flipped Monero (XMR) to become the largest privacy coin by market capitalization. Zcash price saw gains of over 75% on the week. At the beginning of the month, the company introduced cross-chain swaps and private payments by integrating with the transaction layer Near Intents. The integration resulted in a spike in Zcash volume on Near Intents and an expansion of the “shielded pool” i. e., the collection of encrypted addresses where ZEC is stored. Bornstein told Cointelegraph on Chain Reaction that “there’s just a powerful narrative, and I think people are just waking up to what Zcash can really accomplish.” Related: Why Zcash and privacy tokens are back in the conversation Monero Monero (XMR), which until recently was the largest privacy coin on the market, saw a near 10% price gain over the past week. Its market capitalization increased 2. 7% to $6. 62 billion. Monero price closed.

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New Crypto Coins on Every Watchlist: Why Digitap ($TAP) is Beating Pepenode and Uniswap

The post New Crypto Coins on Every Watchlist: Why Digitap and Pepenode are high on these watchlists, and here is why you should consider Digitap before the year wraps up. Pepenode’s Goal Fractured by Lack of Utility Pepenode is a new project that blends gamification with virtual mining and smart contracts. It aims to solve the energy and hardware problem of traditional mining and staking. Pepenode introduces a virtual mining simulator, from which users can purchase and upgrade mining nodes and facilities. Every node is important to the ecosystem, and the early adopters enjoy higher incentives. This helps it stage a claim as one of the best cryptos to buy now. Pepenode, in essence, gamifies mining by providing a visually engaging experience for users, instead of the traditional passive returns. While the gaming aspect might intrigue newer entrants, adept blockchain enthusiasts can see through the surface to a lack of utility. Without any real-world value, this could easily spiral into another tokenomics loop without a value driver. Built on the ERC ecosystem could also mean higher gas fees. This, in turn, could make staking or claiming rewards expensive. Uniswap: The Pioneer of Decentralised Trading The loopholes with centralized exchanges make decentralized options like Uniswap an appealing choice for the crypto market. Through the use of smart contracts, Uniswap enables transactions to be carried out without the need for intermediaries.

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‘The Father’ Director and Playwright Florian Zeller Joins Prestigious French Literary Society, Académie Française

Florian Zeller, a world-acclaimed playwright who made his directorial debut with the Oscar-winning film “The Father” starring Anthony Hopkins, has joined the Académie Française, a prestigious French literary society founded in 1635 by Cardinal Richelieu. Created during the prolific reign of Louis XIV, the Académie Française has played a significant role in shaping French culture, [.].

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