Zcash Explodes 48% as Grayscale Targets ETF Debut | Daily Crypto Roundup

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Zcash has exploded almost 48%, climbing above $800 for the first time since 2018 as Grayscale prepares for a potential Zcash ETF debut on NYSE Arca. We examine the filing, the proposed 25 August launch date, the enormous surge in leveraged trading and why this rally could reverse just as violently as it began.

We also cover the crypto industry’s new lawsuit against Illinois over its controversial 0.2% digital-asset tax, questions surrounding the administrative powers built into World Liberty Financial’s USD1 stablecoin, and Ethereum researchers’ race to strengthen the security evidence behind future zkEVM technology.

Listener question: Is Zcash finally receiving the institutional recognition it deserves, or has leverage pushed the price too far, too quickly? Leave your prediction in the comments and follow the show to enter next week’s XRP giveaway.

For this week only: New Kraken users who register through our link and complete their first qualifying trade can receive 30 XRP from Crypto News Today. The offer ends on Sunday, 23 August 2026, while our XRP allocation lasts. Send us a message once you have completed the requirements so we can verify your signup and arrange the reward. Regional restrictions and additional conditions may apply.

Congratulations to this week’s usual suspects: LA Kings Ellen, Andrej Lengel, Moonhead, Homeboy and Crypto Cowboy, who are each receiving 10 XRP.

Disclaimer: Nothing discussed in this episode constitutes financial, investment, legal or tax advice. Cryptocurrency is highly volatile and you can lose some or all of the money you invest. Always conduct your own research and assess the risks before making any financial decision.

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