Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar.
The financial services giant has not scratched its plans to open a desk for trading cryptocurrencies, contrary to a Business Insider report on September 5, 2018.
Bitcoin's price has managed to hold a higher low for the first time since the beginning of the bear market and is currently seeing a strong rally that has it testing key resistances.
Caitlin Long, a Wall Street veteran who has been active in the Bitcoin space since 2012, discusses different options for investing in cryptocurrencies.
After a strong round of selling over the course of two weeks plunged the price of bitcoin back to the $6,000s, the cryptocurrency now seems poised for another upward swing.
Allowing users to keep control of their cryptocurrency keys in a secure wallet is a crucial consideration at a time when some exchanges are proving to still be vulnerable to hacks.
Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U.S. can utilize the platform to purchase and sell the digital currency.