Bloomberg Reports that trading platforms E*Trade is testing cryptocurrency on their platform and may soon allow investors to trade cryptocurrencies says an unnamed source close to the project. So far the assets that have been mentioned are Bitcoin & Ethereum with more to come in the future. If this turns out to be true, E*Trade will join the ranks of Robinhood and Coinbase who have already offered American customser fiat to crypto investing.
As the crypto space tries to recover from the dip caused by the Bitfinex/Tether vs The New York Attorney General’s office debacle, the news that E*Trade is stepping into Crypto may help in releaving the stress in the market.
Stay Tuned…
Jason Nelson
References
Verhage/Bloomberg, J. (2019, April 26). E*Trade Is Close to Launching Cryptocurrency Trading. Retrieved from https://www.bloomberg.com/news/articles/2019-04-26/e-trade-is-said-to-be-close-to-launching-cryptocurrency-trading?srnd=cryptocurrencies
De/Coindesk, N. (2019, April 26). Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege. Retrieved from https://www.coindesk.com/bitfinex-ny-prosecutors-tether-850-million-allege
Jason Nelson 