ZCash Rises 7% After Digital Currency Group CEO Announces $ 85 Million Purchase By Cointelegraph


Digital Currency Group CEO and Founder Barry Silbert bought more ZCash to add to his company coffers as the token price rose above $ 240 for the first time in days.

In a Wednesday tweet to his more than 678,000 subscribers, Silbert announcement the purchase of $ 85 million in Zcash (zec), or approximately 376,106 tokens assuming an average price of $ 226. The buy is just the latest for Silbert, who appears to be portraying himself as a nonconformist in the crypto market – responding to negative comments on ZEC by buying millions more.

Source: TradingView

Continue reading on Coin Telegraph

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.


Comments are closed.