The Zcash Foundation (ZF) reported net liquid assets of approximately $36.7 million as of March 31, according to its Q1 report released Tuesday. The Foundation also recorded average monthly operating expenses of about $272,539, with personnel costs accounting for the largest share.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and hovering around the six-week high of 99.43, reached on Tuesday, during the Asian hours on Wednesday.
The AUD/USD pair loses momentum to near 0.7095 during the early Asian trading hours on Wednesday. Geopolitical uncertainties and elevated crude oil prices weigh on the Australian Dollar (AUD) against the US Dollar (USD).