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Bakkt CEO Kelly Loeffler to Briefly Serve in Congress

Kelly Loeffler – the CEO of Bakkt, the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – has been hired to take over a temporarily vacant Senate seat.Can Kelly Loeffler Push Crypto in Government?Many see this maneuver as a positive step and believe that perhaps crypto will now have a friend in the U.S. Congress. Bakkt was first announced in late 2018, but it took nearly a full year for the platform to get off the ground. After several months of...

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#765 Bafin Bitcoin Gesetz, EZB plant digitale Währung & Bakkt Chefin wird Senatorin

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 765. Heute sprechen wir über folgende Themen: Bafin zum neuen Bitcoin Gesetz, Bargeld ade – EZB plant digitale Währung & Bakkt Chefin Kelly Loeffler wird zur US-Senatorin ernannt 1.) BaFin zum neuen Bitcoin Gesetz: Unternehmen können bald Antrag stellenhttps://cryptomonday.de/bafin-zum-neuen-bitcoin-gesetz-unternehmen-koennen-bald-antrag-stellen/ 2.) Die EZB plant eine digitale Währung – Bargeld wird langsam...

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Bakkt CEO Kelly Loeffler Picked for U.S. Senate Seat

United States Governor from Georgia Brian Kemp on Wednesday officially appointed Bakkt CEO Kelly Loeffler to the U.S. Senate, where she will succeed current Senator Johnny Isakson.Some media already reported on Friday that Kemp was considering Loeffler and today it is confirmed that she will take office on January 1, 2020. Even though Isakson’s term ends in January 2023, Loeffler will have to run for election next year if she plans to serve past January 2021.Loeffler, a Republican, was...

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Report: Number of Cryptocurrency Funds Decreases As Retail Investors Drive The Market

The number of cryptocurrency funds has been decreasing over the last year, as per a recent report. This has caused some to raise the notion that institutional interest in the market is slowing down, while retail interest is the main driver. However, given the industry’s brief history, could this be the case?Cryptocurrency Funds ClosingBloomberg recently reported on somewhat worrying statistics regarding cryptocurrency funds. Per the report, almost 70 such hedge funds have closed this year...

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Bitcoin Is Being Heavily Sold, but That Might Not Be a Bad Thing

According to one source, the bitcoin sell-off is showing no signs of calming down, but this might not necessarily affect the currency in a negative way.Will Bitcoin Survive the Sell-Off?As we all remember, bitcoin has had a very mixed two months in both October and November. Things ultimately started in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – made its official debut on September 23. Despite nearly a year...

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Analyst Dispels the Myth: Bakkt Futures are Not Backed by Bitcoin

Bakkt’s arrival was supposed to be rocket fuel for the number one cryptocurrency.Even with Bakkt’s growing volume, the demand has not translated into bullish bitcoin prices.Institutions participating through Bakkt are trading on leverage instead of taking physical delivery of bitcoin.Many crypto enthusiasts saw Bakkt’s entry earlier this year as a bullish driver. The launch of the ICE-operated platform was to mark the arrival of institutional investors. With all the hype surrounding the...

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#763 Ende für CryptoBridge, Bitfinex Lightning Network & Bakkt BTC Auszahlung

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 763. Heute sprechen wir über folgende Themen: CryptoBridge Exchange stellt den Betrieb ein, Bitfinex ermöglicht Lightning Network Zahlungen & Niemand nutzt Auslieferung von BTC bei Bakkt. 1.) CryptoBridge stellt den Betrieb ein – Regulierung bereitet dezentraler Börse Problemehttps://bitcoin-kurier.de/cryptobridge-stellt-den-betrieb-ein-regulierung-bereitet-dezentraler-boerse-probleme/ 2.) Bitfinex ermöglicht...

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Bitcoin: Where Does the End of Thanksgiving Leave It?

At the time of writing, bitcoin has dropped to about $7,200 – a near $200 drop from just 24 hours ago.Bitcoin: A Minor Drop, Nothing MoreThe currency is continuing its present volatile run, and there’s no way to predict how or where it will end up. November is typically a crazy month for the cryptocurrency – at least it has been in the past – but as the Thanksgiving holiday comes to an end, perhaps we can all be a little thankful that while this month did bring about a few scares, things...

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Bakkt Bitcoin Monthly Futures Trade Set a New Weekly Volume Record of $124 Million

Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it wouldn’t amount to much. However, the platform has surprised many, including the naysayers, and has seen impressive and steady growth, as it...

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Bakkt To The Senate: CEO Kelly Loeffler To Occupy US Senate Seat

The CEO of Bakkt, Kelly Loeffler, is reportedly going to take the seat in the U.S. Senate for the state of Georgia. Governor Brian Kemp is set to choose the businesswoman rather than President Trump’s choice – U.S. Rep. Doug Collins.Bakkt CEO In U.S. SenateGovernor Brian Kemp appears to be clear with his choice for the U.S. Senate seat after months of anticipation and discussions. The state of Georgia will reportedly have the CEO of Bakkt, Kelly Loeffler, taking the hot seat. While this might...

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