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Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce, the Cointelegraph reported on April, 1. Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public. Bakkt was launched by Intercontinental Exchange in 2018, with the […]
Bitcoin has continued its recovery. It’s up around 23 percent over the last week, even as the Bitcoin clock continues its countdown. We’re now entering the last 50 days of a 12.5 BTC reward. These are strange times for everyone but despite Bitcoin’s volatility, the digital coin seems to have held up. Marcel Pechman argues […]
Demand for bitcoin options on regulated U.S. derivatives exchanges has dried up even as price volatility reaches record highs, the Coindesk reported. The Chicago Mercantile Exchange (CME) traded just three bitcoin options contracts on Tuesday, with a notional amount of 15 bitcoin (approximately $80,000), the exchange told CoinDesk. That is CME’s lowest daily volume for […]
The Intercontinental Exchange (ICE)’s digital asset platform Bakkt has launched the first regulated Bitcoin (BTC) options and cash-settled futures in the United States, the Cointelegraph reported. According to an announcement on Dec. 9, Bakkt is now using its physically settled Bitcoin contracts as a benchmark to build complementary products. Bakkt’s monthly futures contract will be a benchmark […]
Bakkt is launching its Singapore-listed bitcoin futures contracts on Dec. 9, parent firm Intercontinental Exchange (ICE) has announced. In a blog post on Thursday, ICE said the Bakkt Bitcoin Cash Settled Monthly Futures contracts will be listed on ICE Futures Singapore and cleared by ICE Clear Singapore – both regulated by the island-state’s de facto central bank, […]
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds. Launched Tuesday, the funds are designed for accredited institutional investors with standard tax documentation and client service support. The Galaxy Bitcoin Fund requires a $25,000 minimum investment with optional quarterly redemptions. The Galaxy Institutional Bitcoin Fund requires higher minimums […]
Bakkt announced the new record, stating: Twitter account Bakkt Volume Bot, also posted:
Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October, the CoinTelegraph reported. Volumes yesterday, Nov. 5, hit close to their all-time-high — with 1061 traded contracts worth $10 million, a 96% increase over the […]
The trading volume of Bitcoin (BTC) futures on the Intercontinental Exchange’s (ICE) Bakkt platform reportedly soared to 224 contracts on Oct. 9 — 796% higher than the previous day, the CoinTelegraph writes. According to the tracking data compiled by Twitter account Bakkt Volume Bot (@BakktBot) — which is not affiliated with Bakkt but rather with Dutch journalist […]
The news that regulatory approval has finally been granted to Bakkt has generally been perceived as bullish for the industry. However, not all in the crypto community are convinced that it is the best thing for Bitcoin and its brethren.