Trading down 39.3% this week: Dash price analysis & USD / DASH price prediction today: (DASH News Today – 6 February 2018)

Dash (DASH) $467.61 USD (-5.77%)

Dash Trading Down 39.3% This Week (DASH). According to stocknewstimes.com, Dash (CURRENCY:DASH) traded down 19.4% against the dollar during the one day period ending at 13:00 PM Eastern on January 29th. Dash has a total market cap of $3.65 billion and $69.04 million worth of Dash was traded on exchanges in the last 24 hours. One Dash coin can now be bought for approximately $464.52 or 0.06572400 BTC on major cryptocurrency exchanges including Exmo, Coinroom, Upbit and Bit-Z. Over the last week, Dash has traded 39.3% lower against the dollar.

Dash (DASH) 1-Day Volume Reaches $78.20 Million

According to dispatchtribunal.com, Dash (CURRENCY:DASH) traded down 15.4% against the U.S. dollar during the 1-day period ending at 17:00 PM E.T. on February 5th. One Dash coin can currently be purchased for approximately $465.42 or 0.06451570 BTC on popular cryptocurrency exchanges including COSS, OpenLedger DEX, Bithumb and Upbit. Dash has a total market cap of $3.66 billion and approximately $78.20 million worth of Dash was traded on exchanges in the last day. Over the last week, Dash has traded down 39.3% against the U.S. dollar.

About Dash

Dash (DASH) is a PoW/PoS coin that uses the X11 hashing algorithm. Its launch date was January 19th, 2014. Dash’s total supply is 7,866,444 coins. The Reddit community for Dash is /r/dashpay and the currency’s Github account can be viewed here. Dash’s official Twitter account is @Dashpay and its Facebook page is accessible here. Dash’s official website is www.dash.org. The official message board for Dash is www.dash.org/forum.

According to CryptoCompare, “DigitalCash (DASH) uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. DASH aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions, this feature is called PrivateSend and can be found on the official Dashcore wallet. PrivateSend mixes your DASH coins with other users who are also using this feature at the time, making your transactions untraceable. Users can also earn DigitalCash rewards by hosting a master node to help maintain the Blockchain. One must have a balance of at least 1000 DASH in order to host a Dash master node, this collateral is required to avoid 51% attacks on the network. “

Buying and Selling Dash

Dash can be purchased on the following cryptocurrency exchanges: Qryptos, CEX.IO, BTC Trade UA, Koineks, HitBTC, LocalTrade, Quoine, Bisq, Cryptopia, OKEx, Bithumb, Coinroom, Cryptomate, Kraken, BitBay, Altcoin Trader, Coinsquare, Exrates, Tidex, YoBit, LiteBit.eu, Bitcoin Indonesia, Huobi, BitFlip, WEX, Binance, COSS, Exmo, Bittrex, CoinExchange, Bleutrade, Bitsane, C-CEX, Mercatox, Liqui, Trade Satoshi, Upbit, Abucoins, AEX, Kucoin, Bitfinex, Cryptox, Poloniex, Bittylicious, Braziliex, Coinrail, Bit-Z, SouthXchange, Livecoin, CryptoBridge, xBTCe, Gate.io, OpenLedger DEX, CoinEx, BX Thailand, Coingi and Tux Exchange. It is not possible to purchase Dash directly using US dollars. Investors seeking to trade Dash must first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dash using one of the aforementioned exchanges.

Dash Digital Currency now Offered on Mercury Exchange

Digital currency Dash has announced that it’s now available on the US-based cryptocurrency exchange, Mercury Cash. The integration means Dash will join Ethereum on the exchange and will be available to buy and sell online via debit and credit card, said the company in a statement.

According to the-blockchain.com, With more than 1,000 percent year-over-year growth in both value and trading volume since 2015, Dash is now one of the world’s top cryptocurrencies, said the company in its announcement.

Dash also stated that it believes Mercury Cash, with more than 50 percent of its users in South America, will increase the currency’s usage on the continenet, where some countries have experienced political instability and inflation, making cryptocurrencies an increasingly viable alternative to fiat money.

Mercury Cash CEO Victor Romero agreed with this analysis: “Because we come from Venezuela, we think people in our country are more likely to have their money in other assets rather than in Venezuelan fiat currency. The same holds true in other South American countries that suffer economies prone to inflation, which is almost always an issue in developing economies.”

He added:

“One of the reasons I like Dash is that it works as a real payment method. It is ideal because it has ‘instant send’ transactions, and it allows many more transactions per second over Bitcoin.”

Dash’s partnership with Mercury Cash broadens its access to licensed brokerage services, stated the company’s CEO Ryan Taylor, “The integration with Mercury Cash will expand the geographic availability of broker services to allow us to better serve those markets. Mercury Cash launched recently, and it is already growing at a rapid pace. We see a lot of value in partnering with them early.”

Watch out also for Dash Evolution, “the industry’s first easy-to-use, decentralized payments platform”, according to a company statement. It’s due to launch in 2018.

More information is available on the company’s website: https://www.dash.org=

Cryptocurrency Dash announces three partnerships

Dash, a digital currency for payments, has announced partnerships with GoCoin, an e-commerce digital currency payments processor, Strike Social, a leading social media advertising optimization firm and Piiko, a cryptocurrency-powered prepaid phone company.

According to banklesstimes.com, the integration of Dash on GoCoin’s platform allows people to use Dash to pay for products and services on popular mainstream websites like Cheapair.com, RE/MAX.com, Movietickets.com and Lionsgate.com. Dash’s partnership with Strike Social means clients looking to optimize their advertising spend on YouTube and other social media platforms can pay for the service in Dash. Strike Social supports clients like XBox, Coca-Cola, and Netflix, and is 17th on Inc. 500’s fastest-growing private companies in the United States. Piiko, based in Dubai, will now enable Dash top-ups to people using prepaid mobile phones.

“We are honoured to be working with these three great companies, each with their own increasingly important use case,” Dash Core CEO Ryan Taylor said. “For starters, GoCoin is already a leader in providing merchant services for digital currency, so we believe they’ll make a great partner in helping spread merchant adoption of Dash. They make accepting digital currency easy, with plug-ins, integrations, and APIs for most major shopping carts from WooCommerce to Shopify.

Ryan Taylor

“GoCoin provides great service and takes care of everything so that the merchant simply receives a deposit to their bank account for a low one per cent fee. Best of all, there are no chargebacks or fraud, which makes GoCoin especially valuable for high-chargeback industries like nutraceuticals, online travel, or dating services among others. We couldn’t be more excited about this addition to the Dash ecosystem.”

“GoCoin was an early pioneer in altcoin payments,” CEO Margot Ritcher said. “We realized early that it was going to be a multi-chain, multi-token world and designed our systems from the ground up to accommodate new coins as they emerged.

“We are working with Dash because we have a high degree of confidence in the Dash team and are fans of the mining reward formula to support not just the miners, but also the healthy ecosystem of service providers. We look at Dash as one of the best and upcoming transactional coins. We have processed over five million transactions with 500 merchants, and we are excited to announce that people can now buy flights, movie tickets and houses, amongst many other products and services, using Dash.”

Dash’s work with Chicago-based Strike Social is expected to enhance the reach of Dash as an alternative form of payment, particularly for big brands during social media advertising campaigns. Strike Social uses a unique application of artificial intelligence to enhance online advertising and is now the world’s largest YouTube ad optimization firm and partner in paid social media management for over 500 agencies and brands.

“It’s hard to express how labour intensive, painstaking and expensive it is for companies to operate across borders in fiat currencies,” Strike Social co-founder and chairman Patrick McKenna said. “The cost to manage a global operation in your own accounting and finance departments is tough, and in most cases, you have to hire local tax specialists in each country to help you stay in compliance with laws to keep banking. Adding Dash as a payment gets us the rest of the world, and with their negligible transaction fees, it’s a home run for us and our customers.

The global digital ad spend is expected to hit $269 billion next year, reaching a total of $335 billion by 2020.

“We’ll take the whole thing in Dash if we have to,” Mr. McKenna added.

Dash’s partnership with Piiko allows users to top-up and pay for mobile phones using Dash. Piiko, which works with more than 600 mobile operators across 137 countries, will make it easier for people to pay for their mobile phone without requiring fiat, bank accounts or credit cards, particularly valuable for people living in struggling economies.

“When you look at the profile for prepaid mobile users, they tend to lack access to credit or reside in countries where incomes are low,” Mr. Taylor said. “In either case, these are the customers for whom credit or debit card fee avoidance can make a real difference. I anticipate Dash will be an extremely popular option on the Piiko service because of Dash’s low fees and fast transaction times. The service also makes it much easier for income earners living abroad to make payments to support their families back home, and ensure they can maintain communication with their family members. Lastly, Piiko makes it easy for travellers to top up their services from anywhere, either to pay for temporary services while travelling, or for their mobile services back home.”

Piiko founder Sergey Yusupov said, “Top-ups through Piiko bypass the typical three to five per cent fees that are charged to the consumer when using similar services powered by credit cards. Best of all, Piiko is safe, reliable, and the users needn’t risk identity theft like they would when using a credit card. We are very excited to integrate Dash as a form of payment for our growing number of customers.”

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