The latest crypto news feature Dash, the cryptocurrency project which is among the top 20 cryptos by market cap, and how it managed to pick up momentum over the past month with new exchange listings. All of these news are commented by the Dash CEO – who claims that the road to new improvements is already being paved out.
For those of you who did not know, Coinbase, Coinbase Pro and local exchanges in Mexico, Brazil and Switzerland have all bucked the trend against delisting so-called privacy coins and added Dash to their listings.
The Dash CEO Ryan Taylor recently sat down and discussed the recent state of announcements, taking the temperature out of Dash’s decentralized network. As Taylor said in the crypto news:
“There’s kind of a natural equilibrium that occurs over time and we’re kind of there right now.”
With this, the Dash CEO referred to the network of masternodes that provide a second layer of security. The stability comes in the face of growing adoption at the consumer and exchange level. This means that as more exchanges list Dash, potential avenues for trading will widen.
The Dash CEO also noted that the instantaneous transaction validation is what makes the cryptocurrency popular – opening up the possibility of arbitrage or taking advantage of price differences between exchanges. That, according to him, is a good thing for everyone.
“Arbitrage helps with price stabilization not just for Dash but for any pairing,” Taylor said. “That’s obviously economically valuable for exchanges.”
When it comes to the technical features behind the cryptocurrency, the Dash CEO noted that they make it a convenient coin at the consumer level:
“We’ve really addressed a lot of the new user experience issues, and made it much more fluid experience for paying, especially at the point of sale where time really matters.”
Concluding the discussion on the recently announced Crypto Rating Council, Taylor noted that the initiative put forward by Coinbase addresses lack of guidance at regulatory levels.
“I applaud the effort. I think that it helps to bring some level of clarity to the market and at least makes out a position that people could begin to debate and challenge,” Taylor noted. “But I think that there’s only so much the exchanges can do. There is also a potential for perceived or real conflicts of interest.”
You can watch the entire interview below.
Dash Android Wallet Usage Surges By 627% In Venezuela
"There has been a 627.47% increase in active android devices using Dash wallet app in Venezuela between May 2019 to January 2020."https://twitter.com/StayDashy/status/1224445307196329990 He also stressed that the Dash Android wallet usage does not count application installations which is typical for such type of calculations. As he said, by 'active' he means only devices which have been online at least once in the past 30 days. Right now, the latest blockchain news show that Venezuela is not the only country where cryptocurrency has replaced a national financial system. The CEO of Twitter can prove this wrong - during his November African trip, he emphasized that cross-border crypto remittance is the last hope for sub-Saharan Africa. Additionally, the EOS-like blockchain project Telos already launched its token pegged to the South African Rand - named the eZAR. Many African nations are now in the process of deploying stablecoins. Besides the Dash Android wallets, the actual value of DASH on the charts today is declining, just like many of the cryptocurrencies. IT has been a day full of losses so far and DASH managed to lose around 9% from its yesterday price, sliding to $90.99 which is the current level. The trend is now bearish and the technical indicators show that cryptocurrencies fell below their support and surprised many investors. The biggest loser on the day in the cryptonews is Bitcoin SV (BSV) which shed 11% and fell to $242.
Dash Will Get New Monitoring Features Thanks To PARSIQ
“With the integration of better monitoring and automation tools, we are excited to continue expanding the digital payments ecosystem across Asia.”Because of this partnership, merchants that accept Dash can get real-time payment notifications via their preferred transport instruments like email and instant messaging. Merchants can get real-time insights into their business, with automated accounting, reporting, and alerts of high-risk doubtful transactions. End-users in the coin's community have the opportunity to be notified instantly about payments on their phones and get info about the amount and price of the coin at the time of the payment. This reduces the time and effort needed to confirm the exchange rate between the coin and local currency quite substantially. The technology of PARISQ also gives the opportunity for 24/7 monitoring of funds and users will get real-time notifications of any activity in their crypto wallet for more meaningful user experience.
“Users and businesses that transact with Dash will now have the ability to create Smart-Triggers and use the benefits of PARSIQ’s real-time blockchain monitoring. We will automate payment confirmation notifications, audit, security monitoring and user activity on the Dash blockchain. It’s a leap towards bringing additional benefit to the Dash community and yet again increasing the range of blockchains that PARSIQ supports.”As Dash partners with Simplex, the leading cryptocurrency establishes itself in a good way. Right now, the Dash news show that the coin has a market cap of over $1 billion and operates a peer-to-peer network that is backed by a large online community of developers and adopters, many of whom are running the open-source crypto software.
KuCoin Announces DASH/USDT Trading Pair In The Dash News
Mexican ATMs Will Now Support Dash (DASH)
‘’The United States of America and Latin America together have become great places for cryptocurrency usage. The Latin American countries have taken bigger share from the pie because of the high update within the cryptocurrency industry.’’Dash cryptocurrency, is one of the huge altcoins on the charts that have been a great help for growing economies. After enjoying great growth in countries like Venezuela and Colombia, now Dash has set it's to course on conquering Mexico. With the newest addition, the people that use ATM will have the opportunity to purchase Dash with Mexican Peso The Chief Executive Officer of Dash Core Ryan Taylor said that the ‘great partnership’ between them will make the way for even more development in the region. He added for the latest dash news:
“[The Bitcoin ATMs] Infrastructure that can continue growing our Latam [Latin-America] remittances strategy going forward and help expand our use for payments in Mexico, even among the unbanked. This is another great partner for Dash.”The cryptocurrency market has remained strong in states with flailing economies. That was the number one reason why Dash and Bitcoin turned into superstars in countries like Venezuela. Past studies had presented that merchants in Venezuela had started to accept Dash coin as an instrument of payment for elementary necessities. This custom came in right in the middle when the regime imposed its own state-backed cryptocurrency, the Sovereign Bolivar. There are certain reports that predicted that Dash cryptocurrency may have over 1 million users in Venezuela by the end of this year. Mark Mason noticed that from May of 2019 to December of 2019 there was a growth of 569% in Dash wallet usage in Venezuela. The number of devices that utilized the Dash wallet application had grown from 7,597 in May of 2019 to 50,336 in December of 2019.
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