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Bittrex to launch a US Dollar market for Bitcoin Cash tomorrow

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Bitcoin Cash
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On the last week of September, one of the most popular cryptocurrency trading platforms, Bittrex, officially announced to the world their intentions of supporting Bitcoin Cash (BCH), the 4th largest virtual currency in the world in the US dollar market.

According to information made public, the official date of the Bitcoin Cash US market launch will be on 3rd October. Also, traders and investors who activated their Bittrex accounts before 5th September are already entitled to the US dollar exchange. The exchange Tweeted, today:

In a few hours, 3rd October, cryptocurrency exchange, Bittrex, will be launching the much awaited and exciting US dollar market for Bitcoin Cash (BCH).

Preceding to the listing BCH, Bittrex also added Tron (TRX) and Litecoin (LTC) into their growing portfolio recently pairing them with US dollar to its platform.

During the time Bittrex was onboarding Tron (TRX) on its platform, the exchange was quick to make it known that they were the first platform that facilitated the US dollar market for Tron (TRX) in the United States.

Bittrex also made it clear the importance of launching assorted US dollar markets for virtual currencies. By creating and launching diverse US dollar markets, the platform aids in avoiding a single or a particular virtual currency holding dominance in the crypto market.

Brief History of Bittrex Exchange and their Contribution in Allowing Investors Swap Dollars for Virtual Currency

Thanks to the recent endeavors of Bittrex, investors, and traders can now buy virtual currencies using US dollars.

Bittrex, a cryptocurrency exchange that is based in Seattle has bumped into an understanding with the relevant market players to allow investors and traders to purchase digital assets with American dollars.

Regarded widely as one of the most secure virtual currency’s exchanges in the United States, Bittrex has a custom exchange engine developed to execute and process orders efficiently and quickly.

The exchange company was founded by ICT and security experts in 2014 who had more than 50 years of combined skill and knowledge. The headquarter of Bittrex is in Las Vegas, Nevada and its commitment to security is unmatched as it offers a wide variety of virtual currencies that are solely confirmed as trustworthy digital coins/assets.

Apart from Bitcoin Cash (BCH), Bittrex cryptocurrency platform has other relevant digital coins listed on their platform for trading. Such digital assets include Zcash (ZEC) and Cardano (ADA) although the crypto exchange is limited regarding geographical coverage.

Growing demand from potential customers is on the rise, bombarding the management of the exchange to expand their services to all quarters of their jurisdiction.

Recently, Bitcoin Cash (BCH) has been in the limelight for all the right reasons. Last week, the BCH experienced a sudden appreciation of price increase by 20 percent adding over 1 billion US dollars to its market capitalization.

News revolving around the sudden price surge in Bitcoin Cash (BCH) prices introduces Bitmain’s IPO filing, a mining giant. According to analysts, since Bitmain held huge reserves of the digital coin, a portion of the funds from the multi-billion-dollar fundraising will likely be put to task in the development of the cryptocurrency.

Also, apart from Bittrex, Bitcoin Cash has been receiving massive adoption in the market. Recently, Gemini, a reputable cryptocurrency exchange in the league of Bittrex, got the regulatory go-ahead to add Bitcoin Cash (BCH) to its trading platform.

According to official sources, BCH will be listed shortly on Gemini. And going by the recent activities, the Bitcoin Cash platform is making significant improvements in their system by adding new upgrades that contain censorship-resistant file storing system.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Jonas Verstuyft on Unsplash

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Encrypgen
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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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Tron
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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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