- Gemini exchange is the first to receive a trading Bitlicense from the Financial Services Department in New York.
- DASH/USD rejects support at $312 to test key support area at $300 besides, the price is generally bearish.
Dash price continues to correct lower on the, besides it is testing the key support area at $300. DASH/USD has broken below the contacting triangle after rejecting the support area at $316. The prevailing trend in the market is bearish while the upside has been capped at $320.
The state of New York has revolutionized the crypto trading by bringing the focus back to privacy coins like Dash. Gemini exchange is the first to receive a trading Bitlicense from the Financial Services Department. zCash has already been allowed to trade on the exchange, while the future focus is on other privacy-focused coins, for instance, Dash, Monero, PIVX as well as Verge.
Dash price is currently exchanging hands at $303 after sustaining a sharp descent. DASH/USD is trimming gains after it had recovered from a slump that had it trade lows of $284. An upward movement was initiated, where buyers sort to break the barriers towards $350, but selling pressure kicked in around $335. If the sellers push the price below $300, the next demand zone is at the stronger support area at $284.
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