The post Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC appeared on BitcoinEthereumNews.com. Nasdaq-listed Reliance Global Group has converted its entire digital asset portfolio to Zcash. As a result, experts have continued to project bullish runs for the ZEC token as its momentum grows. Reliance Global Dumps Crypto Holdings for Zcash According to a recent press release, Reliance shared that it has completed a full change of its digital asset treasury. The firm confirmed that it has liquidated all previous holdings. This includes Bitcoin, Ethereum, Cardano, and XRP. It then converted the entire portfolio into ZEC. The company said it made the decision after a thorough review was carried out by the firm and Crypto Advisory Board Chairman Blake Janover. They found that the coin offered the best long-term growth for a treasury portfolio. In a statement, Reliance said that the single-asset strategy built around this coin better supports the firm’s long-term goals. As explained by CEO Ezra Beyman, the foundation around the privacy coin made it a more suitable choice. “As we considered the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio,” he said. The asset has rallied over 1,200% in the last 90 days. This comes even with the declines seen in other major assets. The new move comes barely weeks after the company expanded its treasury to include XRP. Reliance purchased XRP tokens valued at nearly $17 million at the time. Experts Predict Bullish Run for ZEC Price Zcash’s continuous adoption has led to more bullish projections for the token. A crypto expert recently outlined new bullish patterns in a new analysis for the coin. Among these was a “bullish Gartley” structure with targets near $850. Source: X Popular trader TraderSZ also said that ZEC appears ready to “run the highs.” This… The post Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC appeared on BitcoinEthereumNews.com. Nasdaq-listed Reliance Global Group has converted its entire digital asset portfolio to Zcash. As a result, experts have continued to project bullish runs for the ZEC token as its momentum grows. Reliance Global Dumps Crypto Holdings for Zcash According to a recent press release, Reliance shared that it has completed a full change of its digital asset treasury. The firm confirmed that it has liquidated all previous holdings. This includes Bitcoin, Ethereum, Cardano, and XRP. It then converted the entire portfolio into ZEC. The company said it made the decision after a thorough review was carried out by the firm and Crypto Advisory Board Chairman Blake Janover. They found that the coin offered the best long-term growth for a treasury portfolio. In a statement, Reliance said that the single-asset strategy built around this coin better supports the firm’s long-term goals. As explained by CEO Ezra Beyman, the foundation around the privacy coin made it a more suitable choice. “As we considered the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio,” he said. The asset has rallied over 1,200% in the last 90 days. This comes even with the declines seen in other major assets. The new move comes barely weeks after the company expanded its treasury to include XRP. Reliance purchased XRP tokens valued at nearly $17 million at the time. Experts Predict Bullish Run for ZEC Price Zcash’s continuous adoption has led to more bullish projections for the token. A crypto expert recently outlined new bullish patterns in a new analysis for the coin. Among these was a “bullish Gartley” structure with targets near $850. Source: X Popular trader TraderSZ also said that ZEC appears ready to “run the highs.” This…