Blockchain.info, a British Digital Wallet Provider, Announced That They Have Begun to Offer Users in 22 states the opportunity to buy and sell Bitcoin. According to the announcement, the company plans to continue adding services for US-based customers, including Ether and Bitcoin Cash Bursaries in the coming days.

The move is seen as a direct attack on Coinbase, which has seen users recoil in recent weeks with regard to decisions to incorporate Bitcoin Cash rather than put the # 39, emphasis on the implementation of isolated witnesses. Blockchain.info CEO Peter Smith, speaking with CNBC regarding the current state of the market, said:

"If we prioritize short-term gains, we would give priority to Buying – it's what most people have But it's really time to make sure we nail this experience. "

Currently, the company has about 22 million users, of which 30 to 40 percent are based in the United States. Dr. James Andrew Butler, co-founder and COO of the Digital Resource Platform Sharpe Capital told Cointelegraph:

"The emergence of a growing number More important Blockchain service providers, and especially those that reduce the technical barrier to entry for the widespread adoption of cryptocurrency, is a forceful signal to the world of banks and traditional capital markets that technology Blockchain is not going anywhere.The market capitalization of all cryptocurrencies is currently at less than $ 600 billion, which is minimal in the context of global financial markets.We are starting to see the early days of traditional adoption – it's the Internet in 1994. "

Bitcoin sell-off

The day before the announcement saw a significant sale Bitcoin, for the first time since was November 30, saw its prices plummet under the $ 10,000. However, in just 48 hours, the market had rebounded and was back on its feet

<img alt=" Bitcoin Charts "src =" https://cointelegraph.com/storage/uploads/view/93a82f1f3700b25e938b3ef215fca3dd.png Bitcoin was trading at $ 11,785, up 28% from the previous day's low.

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