Wedbush Securities Acquires Holdings in Buttercoin Bitcoin Exchange Service
Wedbush Securities, a leading financial service provider, has announced a relationship with Bitcoin trading platform, Buttercoin. This relationship will extend the company's reach into the sphere of cryptocurrency technology. The investment amount made by Wedbush Securities is undisclosed. Buttercoin's platform allows users a fast, easy, and safe way to trade Bitcoin. Also read: Mozilla Firefox Internet Browser Doubles-Down on Internet Privacy by Partnering With Tor Project. Wedbush Continues Leading Finance Firms Into Bitcoin. Sheri Kaiserman, Head of Equities at Wedbush Securities told....
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Wedbush Securities, a very large investment banking and brokerage firms is looking to hire a Bitcoin director to oversee all aspects of Bitcoin transactions within the firm. According to the Wedbush website, the position opening went live on January 8th 2015 and Wedbush seek to fill the position as soon as possible. After acquiring holdings in the Buttercoin Bitcoin exchange last year, Wedbush Securities wish to further expand their reach as well as continue to look into the technology for the future. Also read: Wedbush Securities Acquires Holdings in Buttercoin Bitcoin Exchange Service.....
Noted investment services provider and research firm Wedbush Securities has announced its first investment in the bitcoin ecosystem, contributing an undisclosed sum to newly launched US bitcoin marketplace Buttercoin. One of the more vocal research institutions on the subject of bitcoin globally, Wedbush has long been bullish on digital currency while largely refraining from issuing any direct financial support to the ecosystem. Buttercoin CEO Cedric Dahl framed the funding as proof that institutional players on Wall Street are increasingly interested in supporting the bitcoin ecosystem,....
Buttercoin has announced it will be closing on April the 10th. 2015 is getting to be a hard year for bitcoin exchanges; many digital currency exchanges have been facing serious difficulties and a lot of them have been forced to close their doors. The latest exchange to go down is the US based exchange, Buttercoin. We can find the following announcement on their website: "So long friends. Buttercoin will be turning off April 10th at 11PM PDT. Be sure to move your bitcoins to another service and remove your dollar balances. We wish you all the best!" Buttercoin launched in 2013 and received....
A new report released by Wedbush Securities on 14th February has found that bitcoin's most recent price decline in the wake of ongoing operational issues at major bitcoin exchanges is actually a sign that the ecosystem is stabilizing. Entitled 'Bitcoin: Watch the Innovation, Not the Price', the 16-page report suggests that six months ago, the consequences of such instability would have been far worse for the industry. Wedbush explained: "As a sign of price stabilization we would point out that Bitcoin has declined less than 15% in the face of its biggest and oldest exchange being crippled....
At the beginning of 2014, Wedbush Securities, a financial services and investment firm, decided to accept Bitcoin. A month later, the company released a research paper saying that speculation and trading on Bitcoin’s volatility, attributes regarded by most as holding back the currency, were actually its first killer app. The paper also noted that the currency would either be worth zero dollars or a million dollars. Since then, the institution has only increased their involvement in the digital currency. In November 2014, Wedbush invested in Buttercoin, a US Bitcoin exchange, which was....