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The former bitcoin trading division of SecondMarket, has relaunched under the new name Genesis Trading in bid to become "the partner of choice for large institutional buyers and sellers" in digital currency trading.
While Bitcoin pundits were sure 2014 was going to be the year Wall Street came to Bitcoin, their predictions may have been a year too early.
While the success of cryptocurrencies has been much highlighted in developed countries in 2013, 2014 is certainly the year when digital currencies will embrace emerging markets.
After Fortress Investment Group LLC filed its report for the Securities and Exchange Commission for the year 2013, it a loss of $3,7 million have been uncovered due to the vast investment into Bitcoin. However, it seems like they do not regard it as loss.
Barry Silbert is expanding his interests this summer by opening his own Bitcoin exchange that in many ways stands out from the already existing cryptocurrency markets.
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