UK-based Blockchain.info, a digital wallet provider, has announced the availability of Bitcoin to 22 state users. According to the statement, the company plans to continue to add services for US customers in the coming days, including the Ethereum and Bitcoin-based cash swap.
This development is seen as a direct attack on Coinbase, and Coinbase aims to re-market some users (subcoins) by focusing on the implementation of Segregated Witness (SegWit) instead of decisions to integrate Bitcoin Cash into their systems in the last few weeks. Blockchain.info CEO Peter Smith said in an interview with CNBC about the current market situation:
If we give priority to short-term earnings, we will take the priority of procurement because that's what most people do, but it's time to be sure we have that experience. "
The company currently has about 22 million users, of which only 30% -40% are US-based. These numbers actually indicate that Bitcoin is still crawling. Dr James Andrew Butler, co-founder and COO of Sharpe Capital, a digital asset platform, said:
"The emergence of an increasing number of Blockchain service providers, including Blockchain service providers and, in particular, technical hurdlers for the mainstream adoption of crypto money, is a sign that Blockchain technology has never gone to the world of traditional banking and capital markets. Below $ 600 billion, it constitutes a very small amount in the context of global capital markets and will continue to multiply the number of users as the first years of the same Internet as the mainstream. "
Bitcoin Sales
A day before the opening, the price fell below $ 10,000 for the first time since November 30, so it was under a major sales push for Bitcoin. However, in just 48 hours, the market has recovered and attempts to get up again are ongoing.
Bitcoin traded at $ 11,785, up 28% from its previous low of the previous day. Positive news predicts that the increase in BTC / USD will continue.
It will be correct to say that Blockchain.info will be one step ahead of this service you have started to give. Because people often use Blockchain.info's electric wallet as a storage medium so that they can safely store their money before it is exchanged. Because shan is the most secure e-wallet service providers themselves. However, you need to transfer your Bitcoins from your Blockchain wallet address to a stock exchange to convert and convert it to cash, but Blockchain.info seems to have interrupted the stock market with the service it is starting to give. Buying a stock exchange just to cash your money apart from buying / selling means you will not have to pay the transfer fee. I hope that such developments will continue and if the stock markets are a little cut off, the stock market is not safe for whatever reason. Blockchain e-wallet service will have more users with this attack. We will meet again with the progress.