Bakkt

Galaxy Digital bringt zwei neue Bitcoin-Fonds auf den Markt, die die ältere amerikanische Generation ab 50 Jahren ansprechen sollen. Dafür nutzt die Investmentbank Bakkt sowie Fidelity Digital Assets. Das Projekt soll klassische, aber finanzkräftige Investoren mit der Liebe zu Krypto-Investments verbinden. Galaxy Bitcoin Fund und Galaxy Institutional Bitcoin Fund Die Investmentbank von Michael Novogratz bietet seit dem 19. November zwei neue Bitcoin-Fonds an: Galaxy Bitcoin...

Blockchain activists used to praise Bakkt for introducing Bitcoin-settled futures. From the “OG” standpoint, any Bitcoin-alike asset looks somewhat shady if it is not backed by a government or a company with astronomical budgets and shiny names in the board of directors.But “Bitcoin free” trading is considered normal among many of the crypto activists. However, the recent announcement made by ICE regarding the Bakkt futures made traders wonder. They took an aggressive approach and asked ICE...

Fidelity Digital Assets (FDAS), the cryptocurrency division of the Boston-based mutual fund giant, is set to onboard its very fist exchange, before the end of 2019. The FDAS which recently launched a few months ago is currently waxing strong and pushing Fidelity’s position in the broader financial market with both cryptocurrency and traditional sections.Speaking to CoinDesk, Fidelity’s President Tom Jessop has said that the company’s main targets are over-the-counter (OTC) platforms as...

At press time, bitcoin – the world’s number one cryptocurrency by market cap – has fallen all the way back to $7,600, meaning it has lost more than $500 in just 48 hours.Bitcoin Falls AgainThis is a nasty drop, and one that’s reminiscent of where bitcoin stood at around this time last month. During late October, the currency was hit smackdab in the middle when Mark Zuckerberg – the head honcho of Facebook – was scheduled to testify before a congressional hearing regarding Libra and its...

Bakkt CEO wants to represent Georgia in the U.S. Senate. President Donald Trump has already signaled his preferred candidate and it’s not the CEO of the Bitcoin futures exchange. Bakkt has been growing from strength to strength in recent weeks. Kelly Loeffler, the CEO of bitcoin futures trading exchange Bakkt, is gunning to be appointed Georgia’s new U.S. Senator by the state’s governor. The only problem: President Trump has other ideas. According to the Atlanta...

The Intercontinental Exchange (ICE) announced today that its Bitcoin Futures trading platform, Bakkt, will be launching a cash-settled contract. Starting from December 9th, they will be listed on the ICE Futures Singapore. It’s interesting to see how and if this will have an impact on Bitcoin’s price, given what has happened before.Bakkt Futures Contract on ICE SingaporeICE, the owner of the New York Stock Exchange (NYSE), revealed the upcoming launch earlier today. Bakkt’s cash-settled...

According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to...

Bitcoin’s gains are short lived, and the world’s number one cryptocurrency is now trading where it was during late September when Bakkt initially failed to make a solid impression on crypto traders.Bitcoin and Its Comrades Are SufferingAs it would seems, positive blockchain comments from Chinese president Xi Jinping and Bakkt ultimately picking up and attracting several bitcoin futures contracts trades weren’t enough to keep bitcoin where it was. The $9,000 proved difficult for the currency...

2017 will go down in history as probably the most pivotal year in the chronicles of cryptocurrencies. It was the year that they transitioned from being an obsession of “geeks” into something that captured the interest of governments, Wall Street analysts, media, financial institutions, and the average joe on the street.Exactly two years since the so-called “crypto bubble,” this piece tracks the evolution of the crypto market from 2017 at the price peak, until today, with a focus on new...

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...