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Tag Archives: dash

Ether price is reaching its all time highs

Ether price, or the digital currency that fuels the Ethereum blockchain, is approaching its all-time highs set last year.

In fact, price of ether rose of about 60% during last week, hitting $20.67 yesterday, after opening at $13 on February 25th.

Ether price and Ethereum Enterprise

This increase might be the result of the official launch of Enterprise Ethereum Alliance, a new working group focused on the Ethereum blockchain with important members including Microsoft, JP Morgan, Santader, etc.

This consortium has the main goal of using the ethereum  tech within enterprise-grade blockchain implementations.

So this recent news may have led to the increase of confidence in the technology and in the linked digital currency.

 

Digital currencies are growing

Recently bitcoin price is also growing, reaching its all time highs, together with the altcoin called Dash.

Among the others, bitcoin is undoubtedly the most used and known with a robust trading volume and bullish market sentiment.

Bitcoin has risen to several new highs in recent days, after failing to set new higher levels for more than three years. Also, bitcoin hits parity with the per-ounce price of gold last week.

Dash has rose more than 75% in the last week and upwards of 200% over the last month. In fact, the previously called Darkcoin reached its all-time high of $58.90 on 2nd March.

Multicurrency wallet for differentiated investments

If you want to invest in all these three digital currencies, you need a multicurrency wallet to store bitcoin, dash and ether coins at the same time.

Normally, if you want to have store different cryptocurrencies, you need to have ten different wallets, which is difficult to manage. Instead,thanks to HolyTransaction you can solve this problem, unifying everything in a single account.

For more info and fees (HolyTransaction has a fixed-rate exchange) click here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Dash Price: why is it growing so fast?

Dash price rose up more than 100% in the past week, hitting a high of $60 today.

Growing by 40% yesterday alone, Dash price is dominating the social media discussions among traders and investors.

For the newbies, dash – originally known as darkcoin – earned its group of supporters and critics in this years, becoming a digital currency very useful to be used for the online shopping.

Why Dash price is growing?

Several experts argued that – behind this price growth – there is a mixture of technical updates and an user experience upgrade. So, the recent increase is the result of years of development.

Others explained that the Dash price increase is the result of the so-called “pump-and-dump” behavior commonly seen in lower-volumes markets.

What is dash?

Dash is a “two-tier network” that relies on miners and masternodes.

Dash uses a chained hashing algorithm approach called X11. Instead of using the Secure Hash Algorithm (SHA) 256 or Scrypt it uses a sequence of eleven scientific hashing algorithms for the proof-of-work, or the same consesus method used by Bitcoin.

Miners receive 45% of rewards, masternodes receive 45%, and the other 10% is allocated to its decentralized budgeting system.

In fact, it is important to say that dash allows its users to vote where to allocate resources for development, marketing, etc.

The relative scarcity of Dash coins

Of course, one reasons that is having a great impact on the Dash price is its relative scarcity, as  coins are available for trade on major exchanges relative to the total supply of dash.

This scarcity is supported by the use of masternodes, as they require 1,000 DASH that generate income by receiving part of the mining block reward.

Public data suggests that there are 4,000 masternodes today, so more than half of the total Dash coins are pent-up.

Will this growth last in the long-term?

Data shows a big fall during the today’s trading, while the price is trading at about $43.

Many experts seem argue that the Dash price is in the middle of a significant bubble.

If the price will rise, fall or maintain this status is impossible to say.

How to Store Dash

That said, maybe you’re asking yourself how to store Dash in a safe place, as you might want to start trading with Dash.

Well, we at HolyTransaction provide a multicurrency wallet where you can store not only Dash but also other 20 digital currencies within the same login details.

With a 0.01* dash fee per transaction, HolyTransaction is one of the oldest web wallets in the market.

Edited: we decided to reduce fee from 0,04 to 0,01 Dash per transaction.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Cryptocurrencies 2016: Bitcoin Alternative charts

Today we want to talk about Cryptocurrencies 2016, as the just ended year has been very exciting for several digital currencies and not only for Bitcoin.

A lot of major open-source currencies, in fact, showed a good growth during 2016 and we hope to see significant expansion in 2017.

Below you’ll read charts of the excited cryptocurrencies 2016, during a period between December 27, 2015 to December 26, 2016.

Source: Coindesk.com

Bitcoin

Market Capitalization (Beginning of Year): $6,161,215,794
Market Capitalization (End of Year): $14,590,356,108
Price (Beginning of Year): $411.99
Price (End of Year): $908.17
Price (Annual High): $909.94

For sure Bitcoin is the king of cryptocurrencies 2016, if we talk about value.

It is the oldest blockchain-based asset as today (January 3rd) it celebrates its 8th anniversary: the genesis block was generated on January 3rd 2009.

While I’m writing of this article, Bitcoin price is still growing, surpassing the value of $1,000 for 1 BTC.

Bitcoin price and trading volume were supported by several global circumstances, including the Chinese yuan devaluation, the UK’s Brexit, and the election of a Donald Trump.

 

 

Ethereum

Market Capitalization (Beginning of Year): $80,339,474
Market Capitalization (End of Year): $638,041,577
Price (Beginning of Year): $2.83
Price (End of Year): $7.31
Price (Annual High): $19.59

2016 saw Ether, or  the digital currencies that powers the Ethereum blockchain – become the best-performing currencies, with a more than 2,000% increase over the first six months of 2016.

The major reason for its instability was the DAO hack, the subsequent failure of the decentralized project, and the creation of ethereum classic. These factors led to a fall of nearly 50% of this altcoin value.

 

Anyway, Ethereum is the favorite network for possible FinTech permissioned distributed ledgers, enterprise software and Internet of Things applications, so 2017 could will probably show a capitalization increase for ether.

Litecoin

Market Capitalization (Beginning of Year): $149,142,004
Market Capitalization (End of Year): $212,469,870
Price (Beginning of Year): $3.41
Price (End of Year): $4.34
Price (Annual High): $5.55

One of the oldest bitcoin alternative, litecoin showed a stable valuation during 2016, closing $2 above its starting price for the year.

Dash

Market Capitalization (Beginning of Year): $16,081.586
Market Capitalization (End of Year): $70,675,107
Price (Beginning of Year): $2.64
Price (End of Year): $9.67
Price (Annual High): $14.42

In 2015, darkcoin decided to end its association with shadow businesses and the DarkNet by changing its name to Dash.

 

This re-branding seemed to work and Dash ended 2016 with pricing nearly three times, and a market capitalization close to four times.

Cryptocurrencies 2016 and their future

As we enter 2017, the future for cryptocurrencies seems bright, as the digital currency market will continue to progress and prove its worth as one of the top-performing commodities available today.

We at HolyTransaction are very happy to work with this top-rated cryptocurrencies, as our wallet can store Litecoin, Dash, Ethereum and Bitcoin within a unique login.

Needless to say, we are proud to have chosen the best and the most profitable cryptocurrencies for our multicurrency wallet you can open here for free.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

HolyTransaction add-on for cryptocurrencies exchange rates

Recently we at HolyTransaction created a new add-on for the Firefox browser only to see the exchange rates for cryptocurrency pairs.

This add-on allows you to see the exchange rates between the most popular currencies using only a couple of clicks. 
Exchange rates are available between dollar, euro, bitcoin, litecoin, peercoin, dogecoin, dash, blackcoin and gridcoin. 
The add-on’s simplicity provides you an easy way to have all the information you need before selling or buying your favorite cryptocurrencies.
The price is shown on your browser, according to your specific preferences. You can change the displayed number of decimal places in the user settings.

How to dowload the add-on

To download this HolyTransaction add-on, you just have to follow this step-by step guide:
  • Click on the Firefox Menu at the top right of the toolbar;
  • Click on “Add-on”;
  • Write “HolyTransaction” in the search at the top right of the page;
  • Click on “Add-on” on the left menu;
  • Click the “Download” button next to the HolyTransaction add-on. 
  • You will find the exchage rates window at the top right of your toolbar.
You just need to click on the HT logo of HolyTransaction. 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Infographic: Comparing Altcoins – Part 2

Open your free digital wallet here to store your cryptocurrencies in a safe place.

jorge