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Bitcoin Mania Is The Start Of A New Age On The Digital Currency, Says Managing Director Of Wedbush Securities

Mary Liu

Summary: Wedbush Securities, one of the largest brokers and investment banks in Los Angeles, believes the Bitcoin adoption by companies is far more meaningful than just predicting the future price. According to an investor report obtained by CNBC, Managing Director Dan Ives said: "From Paypal, and Square, to the likes of Nvidia, Tesla, IBM, Visa, Mastercard and many ...

Wedbush Securities, one of the largest brokers and investment banks in Los Angeles, believes the Bitcoin adoption by companies is far more meaningful than just predicting the future price.

According to an investor report obtained by CNBC, Managing Director Dan Ives said: "From Paypal, and Square, to the likes of Nvidia, Tesla, IBM, Visa, Mastercard and many other companies across verticals, we believe the trend of transactions, Bitcoin investments, and blockchain-driven initiatives could surge over the coming years as this Bitcoin mania is not a fad in our opinion, but rather the start of a new age on the digital currency front."

As Bitpush data shows, Bitcoin has passed the $51,000 mark for the first time and is on course for its best trend ever.

By Mary Liu

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