DASH becomes the best performer on Friday morning. JPMorgan express positive views towards the coin. DASH’s CEO hits ant creating a decentralized investment fund. DASH is a privacy-focused coin that currently takes the 14th place in the global coins hit parade. Regulatory clamp down and tighter approach towards anti-money laundering mechanisms and KYC procedures forced Japanese Coincheck and South Korean Korbit to delist it. These events have kept the coin under continuous pressure until now. DASH jumped over 7% during early Asian hours and touched $242, the highest level since July 9, before retracing to $228 to press time. This spike accompanied by the strong growth of volatility and trading volumes made DASH an obvious outperformer of on the sleepy cryptocurrency market. What is behind the move? It has become known, JPMorgan published the internal report, where the bank experts claimed that Dash is among the coins that a here to stay, along with Bitcoin, Ripple, and Ethereum. The report reveals rather a favorable view for blockchain technology, which has a promising future once the bugs are fixed. Interestingly, the statement contradicts the opinion of the bank’s CEO Jamie Dimon, who called Bitcoin a fraud in 2017. The other and probably more important reason for the price spike is the comments of DASH’s CEO Ryan Taylor, who hinted at creating a decentralized investment fund. Dash Ventures might become the first investment fund virtually owned and operated by a DAO. “The original estimate for Dash ventures was sometime in Q3. As we’ve engaged with local counsel in Cayman, there has been some feedback that the structure that we thought would work had a few downsides”¦ But the good news is that they said that there were some structures, it just required a bit of tweaking,” Taylor said in the interview with the Amigas. “I wouldn’t anticipate years. This is one or two quarters away, at most. I would be surprised if this pushed it beyond Q4.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD/USD Technical Analysis: Breaks through a confluence support, back below 0.74 mark FX Street 5 years DASH becomes the best performer on Friday morning. JPMorgan express positive views towards the coin. DASH's CEO hits ant creating a decentralized investment fund. DASH is a privacy-focused coin that currently takes the 14th place in the global coins hit parade. Regulatory clamp down and tighter approach towards anti-money laundering mechanisms and KYC procedures forced Japanese Coincheck and South Korean Korbit to delist it. These events have kept the coin under continuous pressure until now. DASH jumped over 7% during early Asian hours and touched $242, the highest level since July 9, before retracing to $228 to press time.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
