• About Us
  • Privacy Policy
  • Contact Us
Newsletter
Kelscrypto
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • Discord
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • Discord
No Result
View All Result
Kelscrypto
No Result
View All Result
Home Altcoin

Dash FastPass Rollout Across Top Cryptocurrency Exchanges Sparks Bullish Surge

February 27, 2021
in Altcoin
0
Share on FacebookShare on Twitter




Dash, has earned the reputation of being one of the longest surviving crypto assets in the market. The project has developed specific standards to enable users to enjoy the best possible user experience. Experience is what will, in the end, drive user adoption, and Dash is paying close attention to this fact.

To keep standards high for its users, Dash has launched the FastPass initiative. Selected partners will essentially commit to meet certain standards set in cooperation with the early altcoin project. Here’s why this is a big deal for cryptocurrency investors and why markets are already responding.


FastPass Initiative Rolls Out On Coinbase, Kucoin, Liquid, Other Top Platforms

Dash’s FastPass initiative acts as a seal of approval implying that users can expect the highest level of user experience when using the digital asset.

The “enhanced” experience is made possible through platforms that integrate ChainLocks or InstantSend, allowing users to access faster and more reliable transactions.

The current roster of companies with FastPass status is filled with major crypto industry powerhouses. It will eventually expand to include “top-tier exchanges and industry-leading cryptocurrency services that offer a wide array of tools to traders such as margin trading, derivatives, OTC, trading bots, analytics, lending, custody, and staking solutions.”

Current accredited partners include Coinbase, Coinbase Pro, Liquid, KuCoin, HitBTC, Hummingbot, Quadency, Bibox, WhiteBIT, Indodax, and many more. Using these platforms and Dash’s fast transactions, even bots won’t be held back thanks to the high-speed altcoin.

The trading portion of the network is now live, but the Dash Core Group is working closely with these same partners to provide education about all that Dash has to offer in a future update scheduled for early October.

Dash Prices Spike in Response, Chart Patterns Show Probable Continuation

Dash was already bullish ahead of the recent announcement, but after a reversal pattern, the FastPass news could cause a breakout of the bullish chart pattern in DASH/USD.


DASHUSD 4-Hour Price Chart | Source: TradingView

After the inverse head and shoulders pattern and an initial rise and throwback to support, an ascending triangle pattern has started forming, showing that bulls are buying up any drops back down to the ascending support line.

A breakout is imminent, and according to previous price targets, DASH USD could retest highs. The cryptocurrency along with other major crypto assets could set another new 2020 high if the current support levels can hold.


DASHBTC 4-Hour Price Chart | Source: TradingView

With the DASH BTC trading pair, a similar pattern has taken shape, but rather than an inverse head and shoulders, the bottom reversal pattern appears to resemble more of a triple bottom. The rise has formed a bull pennant that suggests that Dash is set to outperform the rest of the market – including Bitcoin – in the days ahead.

Is the bullish momentum a surge in interest surrounding Dash, or has this latest FastPass announcement brought yet another significant boost to the crypto asset’s price?



Source link

Tags: BullishCryptocurrencyDashExchangesFastPassRolloutSparksSurgeTop
Share76Tweet47

Related Posts

CryptoPunks NFTs Get $6M in Bids From a Single Account

CryptoPunks NFTs Get $6M in Bids From a Single Account

April 11, 2021
0

NFTs are here to stay. CryptoArt is hotter than ever.CryptoPunks keep breaking records. As Christie’s auction approaches, the demand...

Ethereum DeFi Trends Set To Dominate 2021

Ethereum DeFi Trends Set To Dominate 2021

March 2, 2021
0

2020 was the year of DeFi, not just in terms of the explosive price increases – but the technological...

DeFi Awaits “Rude Awakening” as Bitcoin Rallies: Ex Goldman Partner

February 27, 2021
0

A rally in the Bitcoin market has prompted traders to shift their capital from the booming decentralized finance sector....

Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

February 27, 2021
0

Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit...

Five Biggest Altcoin Gainers From Feb. 8 – Feb. 15

Five Biggest Altcoin Gainers From Feb. 8 – Feb. 15

February 15, 2021
0

BeInCrypto breaks down some of the biggest altcoin movers and shakers from the previous week. Will their momentum continue?...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Huobi-Branded Crypto Exchange Launches for Malaysian Market

Huobi-Branded Crypto Exchange Launches for Malaysian Market

November 27, 2020
Despite losing $120M in a day, MicroStrategy is still up on its Bitcoin investment

Despite losing $120M in a day, MicroStrategy is still up on its Bitcoin investment

November 27, 2020
Yes, You Can Spend Your Bitcoin This Black Friday

Yes, You Can Spend Your Bitcoin This Black Friday

November 26, 2020
Bitcoin derivatives market hasn’t been this wrecked since the March crash

Bitcoin derivatives market hasn’t been this wrecked since the March crash

November 27, 2020
Bitcoin Indicator Says The Top Is In

Bitcoin Indicator Says The Top Is In

0
Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology

Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology

0
BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)

BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)

0
What makes the crypto market’s rise to $500 billion different from 2017?

What makes the crypto market’s rise to $500 billion different from 2017?

0
Bitcoin Indicator Says The Top Is In

Bitcoin Indicator Says The Top Is In

April 12, 2021
MicroStrategy buys another $10 million of Bitcoin, and it’s now sitting on $1.14 billion worth of the asset

MicroStrategy becomes the first American company to pay its directors in Bitcoin (BTC)

April 12, 2021
Here’s how former Coinbase CTO Balaji Srinivasan says India should embrace crypto

Here’s how former Coinbase CTO Balaji Srinivasan says India should embrace crypto

April 12, 2021
Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table”

Bitcoin inches to $61,000, but on-chain data turns ‘mostly bearish’

April 12, 2021

We have all the latest updated and legitimate information related to Blockchain, Cryptocurrency, latest market rates & trends, prices, new regulations along with every other thing that somehow related to crypto or digital currency market. Our main idea is to provide the kind of news that is original and at the same time, it can prove to be beneficial for our audience.

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Regulation

Archives

  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020

Newsletter

  • About Us
  • Privacy Policy
  • Contact Us

© 2020 kelscrypto.com

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • Discord

© 2020 kelscrypto.com