Hayes highlighted that self-custody remains the safest option for privacy-oriented cryptocurrencies like Zcash, particularly during a time of heightened regulatory oversight and exchange vulnerabilities.

In his post, Hayes specifically advised users to enable Zcash’s “shielded” feature — a function designed to obscure transaction data and safeguard the identities of both senders and recipients. This feature, he noted, represents the essence of Zcash’s mission to provide private and censorship-resistant financial transactions.

According to market analysts, keeping privacy coins on centralized exchanges poses multiple risks — including hacking incidents, sudden delistings, and regulatory freezes. With governments tightening their stance on anonymity-enhancing technologies, experts believe that ZEC could face increased scrutiny similar to that seen with other privacy-focused tokens such as Monero.

ZEC Price Reacts to Growing Caution

Zcash is currently trading near $480, up about 1.1% in the last session, after recently pulling back from highs above $700 earlier this month. The four-hour chart shows that momentum has cooled following a parabolic rise in October.

Technical indicators reflect this moderation. The MACD has turned bearish, sitting at -11.61, suggesting fading buying pressure, while the RSI hovers near 43, indicating neutral-to-weak momentum. Analysts see potential support around the $450 region, with stronger resistance forming near $520.

Despite the correction, some traders remain optimistic that Hayes’ comments could reinforce Zcash’s value proposition as one of the last remaining privacy coins with active developer support and on-chain utility.

Rising Regulatory Risks for Privacy Coins

Hayes’ message arrives as regulators around the world increase pressure on privacy-enhancing technologies. Several major exchanges have already delisted privacy coins due to compliance challenges. As a result, the call for users to self-custody assets has gained renewed attention across the crypto community.

Arthur Hayes has long been an advocate for decentralization and user control over digital assets. His latest statement reiterates his belief that individuals should hold their own keys and embrace tools that preserve financial privacy.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Zcash Holders Urged to Self-Custody as BitMEX Founder Sounds Warning appeared first on Coindoo.

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Filed under: Bitcoin - @ November 12, 2025 3:30 pm