Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 21st of August 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 43.63% PROFIT!
The increase in price may also be explained by positive developments including:
July 24: Bitcoin Magazine announces that Dash is establishing itself as one of Venezuela's most popular cryptocurrencies. Tradecore provides “elegant client onboarding, ID verification, proactive customer support, advanced analytics tools and marketing automation”, which is everything a brokerage needs to “be set up within one week”. Tradecore also assists clients by “reducing costs, optimizing workflow, and helping build upon a company’s strategic plans” to add value to the brokerage’s client offerings.
July 25: Dash Expands Further Into Capital Markets with Tradecore and BlockCypher Partnerships.
Tradecore, a brokerage software company, has partnered with Dash and BlockCypher, the blockchain solutions provider, to offer financial service providers and capital market businesses the ability to send, receive, and hold Dash. Tradecore provides “elegant client onboarding, ID verification, proactive customer support, advanced analytics tools and marketing automation”, which is everything a brokerage needs to “be set up within one week”. Tradecore also assists clients by “reducing costs, optimizing workflow, and helping build upon a company’s strategic plans” to add value to the brokerage’s client offerings.
July 26: Fidelity (the world’s fourth-largest asset manager) owns a 15% stake in Neptune Dash, the publicly traded company offering fractional Dash Masternode ownership.
July 27: Atomic Wallets adds support for Dash.
August 2: Fanduel announces DASH as their official partner.
August 3: local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM. The project is set to see the government approve work by a company called TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments.
August 7: Coinbase announced via a Medium blog post that the Coinbase Custody division will be evaluating the addition of 37 more coins, including Dash. Coinbase Custody was started this past July 2 to be “a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way.” The service includes “segregate[d] cold storage”, “financial and security controls”, “dedicated coverage”, “insurance”, and “multi-user accounts”, according to their website, to adapt to the requirements of institutional investors.
August 12: Dash CEO announces that Wall Street likely working on crypto-related projects in private
August 13: BW.com adds support for DASH.
August 15: Dash (DASH): Dash Evolution Platform Update To Roll Out In Q4 2018. A fundamental part of the Dash Evolution platform is the inclusion of DAPs, which are data contracts executed by an application, which will function as a third party dedicated to processing payments with Dash (DASH). Dash Evolution will boost the use of the DashPay P2P platform for consumer-friendly cryptocurrency applications.
August 26: Dash & Litecoin Now in Testing for Release to Ethos Universal Wallet.
August 27: Dash, the digital currency for payments and e-commerce, has announced an exclusive relationship with Kripto Mobile Corporation (KRIP), a mobile brand of cryptocurrency-enabled phones, to provide Latin Americans with a new, affordable way of acquiring and using cryptocurrencies for everyday transactions. The phones come pre-loaded with a complete Dash ecosystem, including the Dash wallet, the ability to get Dash, and also spend through partner apps like Bitrefill, which is the largest cryptocurrency prepaid phone company in the world. The partnership was officially launched live on August 25th at the Dash Caracas conference in Venezuela.
August 30: FuzeX Signs Memorandum of Understanding With 'DASH' to Launch New FuzeX Cryptocurrency Payments Card. FuzeX has signed a partnership with Dash, one of the leading payment cryptocurrencies today. Through this partnership, both companies have expanded the use of cryptocurrency by giving people a new way to spend Dash. Expected to launch in the fourth quarter of 2018, FuzeX card will open up new opportunities for point-of-sale commerce and help expand the usage of cryptocurrency in everyday payments.
August 31: Customers Can Now Buy Gift Cards Using Dash at Hundreds of Canada's Top Retailers.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
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