Dash have got USD Record $570 and 2MB Block

Now they have fourth place in cryptocurrency market
22 November 2017   529

Altcoin Dash had hit $570 per coin for the first time after it had a client update and new features which send investment into overdrive. They published new Dash Core release version 12.2 in 8 of November. Thanks to this it was possible to achieve both a 10 times reduction in transaction fees and an upgrade to 2MB blocks which increased throughput. After this Dash has risen over $250. And now in cryptocurrency market cap it has the fourth-largest.

DASH is emerging as the crypto payment rail while Bitcoin asserts itself as Gold 2.0.

 

Max Keiser, Dash economist and Bitcoin advocate

One of the reasons for introducing new features has become the need to help “solve inflation” in the turbulent economy of Zimbabwe, because this country needs in increased throughput and large amounts of transactional in a short time. The project for Zimbabwe was realized in partnership with KuvaCash.

Crypto Trading Desk to be opened by eToro in London

eToro, a broker that proposes cryptocurrency trading in addition to foreign exchange, is to start a new over-the-counter cryptocurrency trading desk in London
18 June 2018   205

Over-the-counter supports any financial trading activity that does not take place at an exchange. Things that are traded in this way are commonly subject to less regulation and transparency than they would be if they were listed on an exchange, but for most investors there is no significant difference. 

In his interview to Business Insider CEO Yoni Assia claimed that most interest was coming from the owners of hedge funds.

We’ve actually set up our corporate team here in the UK to start setting up accounts to trade on eToro. We’ve announced that we’re launching the exchange as well so, between the exchange and the OTC desk, we’re also starting to serve more potential institutions and financial institutions. I think there is growing institutional demand and interest of public investors to understand whether they can join the party. That is something we definitely see out there. We see more and more public market players and big banks who are interested in this space and feel left out because they’re not allowed to invest in crypto or ICOs
Yoni Assia,
CEO, eToro

As a social trading broker, eToro suggests its clients the option of copying the trading behaviour of other customers, that is good if they are too occupied or not experienced. It proposes trading in foreign exchange, stocks and CFDs. About 500 specialists are engaged on the firm, the company keeps offices in the UK, Cyprus and Israel.

The company was established in 2007 and started offering Bitcoin trading in January 2014. Cryptocurrency had become popular by 2017, and the firm reported a 4,500% jump in trading volume by April, and on one day in December it acquired more new customers in a day than it had in the whole previous year. In March 2018 the firm raised $162 million to fund an expansion into Asia and in May it got into the US market with that same money. It suggests Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash, Stellar, Ethereum Classic, NEO, and EOS for trading.

Several months ago at a conference Yoni Assia claimed: “The use of blockchain and crypto is and will become a way of life.”