ZEC Rally Gains Steam After Silbert Backs Privacy Coins As 100x Opportunity
The post ZEC Rally Gains Steam After Silbert Backs Privacy Coins As 100x Opportunity appeared on BitcoinEthereumNews.com.
Zcash surges 5.74% to $282.35 as DCG CEO Barry Silbert calls privacy coins “the next asymmetric bet” with 100x-1000x potential. Open interest explodes 28.60% to $408.31M while volume jumps 90.93%, signaling renewed trader interest after month-long correction. Price attempts to reclaim $281.68 support after dropping 38% over the past month from 2025 highs above $700. Zcash price today trades near $282.35, up 5.74% in the past 24 hours after Digital Currency Group CEO Barry Silbert predicted privacy coins could deliver 100x to 1,000x returns. The rally comes as open interest surged 28.60% to $408.31 million, signaling renewed conviction after ZEC dropped 38% over the past month. Silbert Predicts 100x-1000x Returns For Privacy Coins Speaking at Bitcoin Investor Week in New York, Silbert called privacy coins “the next asymmetric bet,” arguing that Bitcoin “lost the plot” on privacy as blockchain analytics firms like Chainalysis made transactions traceable. He suggested ZEC could serve as a hedge against quantum computing threats. If 5-10% of Bitcoin’s $1.3 trillion market cap rotated into privacy coins, that would imply $65-130 billion in new capital, dwarfing Zcash’s current $3.9 billion market cap. However, Silbert’s DCG owns Grayscale, which runs the Grayscale Zcash Trust and is working to convert it into a spot ETF. Any price appreciation directly benefits DCG’s portfolio and Grayscale’s fee revenue, a conflict Silbert did not address during his remarks. According to Coinglass, Zcash’s open interest jumped 28.60% to $408.31 million, the largest single-day increase in weeks. Volume surged 90.93% to $1.37 billion, confirming that participation returned following Silbert’s prediction. Long/short ratios show mixed positioning. Binance accounts favor longs at 1.05, while OKX shows only 0.88, indicating slight short bias. Top trader positioning on Binance shows $288.97 million in longs versus $1.56 million in shorts on 12-hour timeframes, suggesting large accounts are positioned for…
Filed under: News - @ February 14, 2026 5:27 pm