BITCOIN and Ethereum are going to be traded on Wall Street and Coinbase is now allowing deposits in its accounts from users.
S&P Bitcoin Index, S&P Ethereum Index, and S&P Crypto Mega Cap Index will measure the performance of digital assets linked to them on trading floors, according to Money Control.
Meanwhile, Coinbase will allow its users to deposit paychecks right into their online accounts, according to CNBC.
Bitcoin and other cryptocurrencies are now on the rise despite falling after China’s central bank announcing that all cryptocurrency trading is illegal in the country and mining the tokens is banned.
But as of Monday, the bitcoin price grew to nearly five percent since Sunday and Ethereum rose to 12 percent, Forbes reported.
Read our cryptocurrency live blog for the latest news and updates…
RISKS OF INVESTING IN CRYPTOS, PART TWO
Another risk of investing is price volatility.
Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses.
RISKS OF INVESTING IN CRYPTOS
We rounded up five risks of investing in cryptocurrencies.
The first is Consumer protection.
Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.
A CRYPTO-TRADING HAMSTER OUTPERFORMS…