ForexMinute.com — 2015 is turning out to be an year that might end up marking a phenomenal improvement in Bitcoin adoption on mainstream levels.
According to a recently published report on the Wall Street Journal, it has been found that some of the US’s colossal proprietary trading and investment companies are waiting to get their feet soaked in Bitcoin, a step that might boost the digital currency arena on whole.
The report names billion dollar American firms like DRW Holdings LLC (Chicago), Citadel Securities LLC (Chicago again), KCG Holdings Inc. (New Jersey) and Wedbush Securities (Los Angeles) among some that definitely are/are going to experiment with Bitcoin trading on different market shores.
It would be astonishing to notice that that a majority of these trading firms run millions of trades on daily basis, producing high volumes as the day hits the last sunlight. Their involvement in cryptocurrency space instantly brings Bitcoin before a larger number of small and seasoned investors all around the US. This not only helps the digital currency in attaining more adoption, but also ensures to improve its price volatility, a factor that has plagued Bitcoin since its launch as a tradable asset.
As WSJ report also highlighted, many American firms are still waiting for regulators to comes with some attractive regulations that protects traders from additional trading risks. It would simply bring more traditional bigwigs towards the digital currency sector to utilize its truest potential.
The industry is now asking for a more sophisticated and risk-repelling infrastructure for Bitcoin investments. The US investors are indeed interested to jump onto the digital currency bandwagon, provided with a affirmed push by certain regulations and big capital base.