It might come as a surprise but Bitcoin is one of the transparent crypto-currencies in the world right now. However, it is often misreported to be an infamous anonymous payment network. Previously with no KYC regulations, most transactions made through cryptocurrencies like Bitcoin were untraceable. But, as of today, other cryptocurrencies like DASH have come up.
Along with DASH, other cryptocurrencies like Monero and Zcash are also dominating the private coin market. The bad news is, transactions made through these cryptocurrencies can be used for criminal as well as illegal activities.
DASH Registers an Impressive Gain in Market Price
The price of DASH has been witnessing a steady gain since the last few days. As of now, DASH has recorded a surge of about 115% in its market price this year. The fear of Coronavirus and the subsequent weakening of the major currencies in the world has made traders and investors interested in DASH.
Moreover, a NOWPayements.io has recently announced a partnership with DashPay. This has helped DASH to secure a higher market price. On top of that, NOWPayment.io will also be offering a prize of $10 in DASH coins to all those customers who would participate in a Twitter promotion.
Also, NOWPayments.io will also be hosting the DASH Core Group Q4 Conference. All this has resulted in the spiked market price of DASH coins. However, technical analysis shows that DASH is expected to face some resistance in the coming days.