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Bakkt, the Intercontinental Exchange (ICE) crypto subsidiary, suffered its second high-profile executive exit last week after CEO Mike Blandina stepped down.
Junior United States Senator and former CEO of Bakkt Kelly Loeffler disclosed dumping millions of dollars worth of stock holdings in the days and weeks following a private senators-only briefing on the Coronavirus in late January, as reported by The Daily Beast.
Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days March 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […]
The daily volume of the Bakkt Bitcoin futures market has been on a consistent rise since mid-January.
According to the latest data from Skew, the volume of Bakkt’s physically-settled futures exceed the volume of its cash-settled product.
Despite its hype in the latter half of 2019, the performance of Bakkt has been lackluster to say the least.
As Bitcoin closed out its best January in seven years, open interest rocketed to a new all-time high on Bakkt’s physically-settled Bitcoin futures market, and institutional traders on CME Group looked to position themselves for higher highs.
The launch of Bakkt – the physically settled Bitcoin futures trading platform – was long viewed as a bullish fundamental catalyst that would help usher in the next era of institutional adoption into the nascent crypto markets.
A massive drop in open interest on the CME and Bakkt Bitcoin futures contracts indicates short-covering has fueled BTC’s latest rally, likely egged on by the expiry of Bakkt’s December contract.
The much-awaited Bitcoin cash-settled monthly futures from Bakkt launched on December 9, recording a volume of 1250 BTC at press time.
Bakkt’s intention to provide a pure non-leveraged Bitcoin futures product seems to have evaporated — both of the firm’s futures contracts are traded on margin, as pointed out by Alex Kruger: “Myth: Bakkt futures fully backed by bitcoin.
Bakkt, the market’s first physically-settled Bitcoin futures offering, has posted another record day in trade volume on its monthly contract and is now an order of magnitude away from the volumes of its cash-settled competitor at CME Group.
Bakkt has announced it will be listing cash-settled BTC futures, a pivot in the strategy that may seem at odds with the company’s founding vision.
According to researchers at Skew Markets, total open interest at Bakkt’s Bitcoin futures market — operated by NYSE parent company ICE — crossed $1 million.
The first day of Bakkt’s Bitcoin futures saw less than 2 percent of the CME’s debut day trading volume, prompting speculation over whether the highly anticipated contract will deliver on its mission of being a “key piece of infrastructure” in the cryptocurrency market.
Bakkt’s long-awaited Bitcoin futures contracts are finally live.
The bitcoin price (BTC) has slipped to $9,900 following the highly anticipated launch of Bakkt, a bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange (NYSE).
In only three days Bakkt will introduce its long-awaited Bitcoin futures contracts.
Bakkt launched its Bitcoin custody warehouse, its institutional BTC custody solution, protected by a $125 million insurance policy.
Bakkt is preparing to introduce its Bitcoin futures contracts.
Coming in the lead-up to the September 23rd launch of Bakkt’s BTC futures contract, Bitcoin’s explosive Labor Day rally seems to have revived sentiment amongst the bulls.
Bakkt’s Bitcoin futures are on schedule to launch on September 23, coinciding with a technical pivotal point on BTC’s daily chart.
Bakkt was granted the first approval from the CFTC for physically-settled Bitcoin futures.
Bakkt began user acceptance testing for its Bitcoin futures contracts today.
Bakkt, an Atlanta-based subsidiary of the Intercontinental Exchange (ICE), an American firm that owns the New York Stock Exchange, will begin user acceptance testing for its Bitcoin futures contracts on July 22, 2019.
Bakkt, an institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), expects their bitcoin futures to be listed on federally regulated futures exchanges in July.
Bakkt, an institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), is reportedly considering obtaining a New York BitLicense.
Coming Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount.
Bakkt, a digital asset platform created by the Intercontinental Exchange, has completed its first funding round, securing an investment from Li Ka-shing, a renowned Hong Kong billionaire and one of the wealthiest men on the planet.
Bitcoin enthusiasts are off to a promising start for 2019 as Bakkt announces the completion of a $182.5 million funding round from a host of influential venture capital funds.
On November 20, Bakkt, a cryptocurrency platform operated by ICE, the parent company of the New York Stock Exchange, delayed the launch of its Bitcoin futures market from December 12 to January 24, 2019.
In an official statement, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), revealed that Bakkt will launch its Bitcoin futures market by December 2018.
Bakkt, the prospective powerhouse of institutional cryptocurrency sponsorship, is adding Chief Operating Officer the fifth-ever employee and General Manager of Coinbase, Adam White, and revealed that they expect its full range of trading services will hit the market as early as December.
InterContinental Exchange-owned Bakkt has dropped the bombshell confirmation that its first products will be physically delivered Bitcoin futures contracts, which will be traded against fiat currencies including the US dollar, Great British Pound, and the Euro.
The twin issues of spotty security and lack of governmental regulation have plagued cryptocurrencies practically since their inception.
Many have forewarned corruption as the titans of finance more toward institutionalized cryptocurrency, eyeing every new futures contract as a potential to return to the banking practices Bitcoin was created to rise above.