The Gemini Bitcoin Exchange, added support for Zcash (ZEC), anonymous cryptocurrency with a market capitalization of $1 billion. In connection with obtaining approval from the N New York Department of Financial Services (NYDFS) Gemini will start accepting deposits with the Zcash token on Saturday, May 19.
NASDAQ first crypto-exchange, based on its' own developed infrastructure, will be launched in June this year and will offer users trading with zero commissions. It is called DX Exchange, and at the initial stage, in addition to bitcoin, it will support five other highly liquid assets.
Analysts of the international social trading platform eToro published the results of a study of their user base. Among other things, they found out that the vast majority of crypto traders do not have previous trading experience on stock exchanges, and Ripple is the most "female" of the digital assets.
With the development of the cryptocurrency market, bitcoin may be pressured by altcoins in the same way that VHS videotapes supplanted Betamax in the 1980s.
In recent days, the prices of bitcoin and many other cryptocurrencies have shown some decline. Currently, most digital currencies are in the "red zone". The current market capitalization is $423 billion, the dominance index of the first cryptocurrency is 36.8%.
Last week there were significant events for the flagship of the cryptocurrency market which positively affected the whole industry and the prices of altcoins.
Argentina, that forgotten land of sunshine is seemingly trying to catch up with this century by no better method than rolling out some 4,000 bitcoin, Ethereum, and Litecoin bi-directional ATMs.