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EOS is by far the largest Initial Coin Offering (ICO) in the history of cryptocurrencies. Having raised more than $ 3.5 billion, it promises to become an extremely fast and scalable blockchain protocol with zero transaction fees. Even though the EOS main-net has not gone live yet, many believe it has the potential of becoming a standard for decentralized applications that require fast, secure and free interactions between their users.
Dash, is short for “Digital Cash”, and it aims to become exactly that. A pioneer in the crypto industry, Dash’s protocol is modeled after Satoshi’s original blockchain and adds a few unique features for maximum speed, privacy, and lower transaction fees. Thanks to these innovations, Dash has the potential to become a true standard for transactions between individuals in a decentralized and secure manner.
Not only is this one of the most well-established cryptos in the payments space, but the community continues to innovate and bring crypto to new and exciting places, particularly in emerging markets. In addition, according to our findings below, we feel that this cryptocurrency is acutely undervalued compared to the rest of the cryptomarket.
While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering.
Social trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies.
Etoro Launching in the US
Social investment platform Etoro has announced that it is expanding into the US market. CEO Yoni Assia unveiled the company’s plans at the Consensus conference on Tuesday. According to the announcement:
Israeli-based social trading platform eToro is expanding to the U.S. If all goes according to plan, U.S. citizens will be able to trade cryptocurrencies on the company’s platform sometime later this year.
The announcement, which eToro made today, May 15, 2018, at Consensus in New York City, comes on the heels of a $ 100 million funding round that eToro received in March 2018, bringing its total funding to $ 162 million. The company said at the time it would use the funds to expand into new markets.
Tokenbox, a unique platform for creating and managing cryptocurrency funds, has announced the appointment of Chief Executive Officer. Pavel Salas, former regional director for eToro and a well-known cryptocurrency trader, had previously been an adviser for the project. From now on he will lead the Tokenbox team.
Prior to joining Tokenbox, Pavel Salas had been working in the forex industry since 2009. He served as head of Russia&CIS department at eToro, the biggest social trading network, was VP for Business Development at Alfa Bank and Alfa Forex and for many years worked as top manager, sales, and marketing specialist in Latin America – for example, he headed Latin American office for GKFX, the leading global online forex trading broker. He’s also the author of multiple training and educational programs for forex trading and blockchain consulting.
Bitcoinist spoke with Mati Greenspan, Senior Market Analyst at eToro, on where the Bitcoin price is headed, how the popular platform is handling an influx of new users, and where he sees the cryptocurrency market headed in 2018 and beyond.
eToro is the leading social investment platform in the world. Moreover, it is one of the first traditional trading platforms that has embraced Bitcoin trading.
By the end of 2013, eToro reportedly had over 3 million accounts, a number that has grown exponentially in the past few years, particularly after the platform began supporting Bitcoin in 2014. Another major boost was the platform’s addition of Etheurem and a few other cryptocurrencies in the beginning of last year.
**On Today’s Episode Of The Cryptoverse:**
So much news today! From Peerplays officially releasing instructions on how to claim tokens, urgent action for Coinbase and Authy users, Synereo’s beta launch next month, Singaporean dollars on Ethereum, AMD and nVidia releasing special edition mining GPUs and eToro adds Ethereum Classic!
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