Thursday , March 28 2024
Home / Bakkt (page 21)

Bakkt

How Wall Street Could Be Bitcoin’s Biggest Financial Friend

With bitcoin’s recent fall into the $8,000 range it appears the currency has an unlikely friend… Wall Street. What Wall Street Is Doing for BTCThat’s right. The arena of big banks and stock players is working hard to develop ways for bitcoin to avoid volatility. As of late, many reports have emerged stating that the currency is experiencing its lowest volatility in months. That all changed yesterday when it seemingly lost more than $1,000 in value in just a matter of minutes, but prior, the...

Read More »

Why Bitcoin Imploded & Where Experts Say BTC Goes Next

Yesterday's catastrophic market implosion thrust the bitcoin price into a devastating 17% downward spiral that saw it dive as low as $8,000 before stabilizing.Once the bleeding finally stopped, crypto investors were left with two paralyzing questions: what happened, and where does bitcoin go from here?Diagnosing Bitcoin's Brutal PlungeBTC/USD cascading amid a market sell-off | Source: TradingviewJaded investors got what they wished for Tuesday as volatility washed over bitcoin and the broader...

Read More »

Gurnd für den Bitcoin Crash? Behörden versteigern 650 Bitcoins!

Wilsons Auctions Exakt zum Start von Bakkt und der grössten Finanzmesse SIBOS in London kommen Bitcoins auf den Markt: Bitcoins im Gesamtwert von sage und schreibe 662’000 US-Dollar sollen von den Behörden der UK versteigert werden. Diese wurden von einem Cyber-Verbrecher beschlagnahmt, der sich unbefugten Zugang zu personenbezogenen Daten verschafft hatte, um diese...

Read More »

What Could Have Made Bitcoin Sink So Dramatically?

Well, after yesterday’s crypto bloodbath, probably the biggest thing enthusiasts and traders are asking themselves is, “What the heck could have made bitcoin and its altcoin cousins fall so badly like that?”Bitcoin and Crypto Falls HeavilyBitcoin, with virtually no signs whatsoever, lost more than $1,000 in just a matter of minutes, falling from about $9,480 at this time yesterday to roughly $8,110. By the mid-afternoon, the currency had jumped back up to $8,600, but at press time, it has...

Read More »

Bitcoin Selloff Sparks Massive Altcoin Exodus as Bakkt Launch Fails to Dazzle

Altcoins and tokens followed bitcoin to the depths on Tuesday, as the market plunged to the lowest level since early May following the muted debut of Bakkt. Crypto Markets Crater Crypto markets plunged anew as bitcoin lost hold of a key psychological support, paving the way for a brutal correction that eventually touched $8,000. The largest cryptocurrency by market capitalization has rebounded off those lows but remains well below $10,000, a level that had demonstrated stability for nearly...

Read More »

Bitcoin and Altcoins Lose Steam as Bakkt Records Poor Start Amidst Today’s Crypto Congress Hearing

When Bakkt was first announced last year, the entire crypto community welcomed it as a great addition to the sector, hoping that it will have enough power to propel the industry considerably higher. However, even though many think it’s still a little too soon to judge, the first day of Bakkt’s launch has not exactly been encouraging as the overall market has dropped in valuation in response to Bakkt’s weak first day.After the first hour, Bakkt recorded only about five contracts and even 9...

Read More »

Bakkt ist live! Was passiert jetzt mit dem Bitcoin-Preis?

Bakkt: Diese Handelsplattform wird Bitcoin grossen Investoren zugänglich machen. Gestartet wurde am 23. September 2019. In der Nacht von Sonntag zu Montag war es so weit: An der New Yorker Börse hat der Betreiber ICE den Startschuss gegeben für den Handel von Bitcoin-Futures. Doch was macht der Bitcoin-Kurs? Der macht gar nichts, jedenfalls steigt er nicht wie erhofft. Kurs...

Read More »

Bakkt Bitcoin Futures Gets Mild-Response on Day 1, BTC Price Drops Below $9800

On Monday, September, Bakkt announced the commencement of the trading facility for its physically-settled Bitcoin Futures contracts. Bakkt‘s Bitcoin Futures contracts offer both, daily contracts and monthly contract settlement options. Besides, that Bakkt platform also provides Warehouse facility for storing the physically-delivered Bitcoin tokens upon contracts expiry.But despite much hype surrounding the launch of Bakkt Bitcoin Futures, the first day of trading was not very impactful. On...

Read More »

The Beginning of Bakkt? ICE Launches BTC Futures Contracts

The Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), launched its own bitcoin futures contracts for the first time on Sunday.Futures Contracts Are All the RageThe idea regarding futures contracts and trading physical bitcoins has been intriguing to most, with other companies like Chicago’s CME recently saying it will also launch bitcoin futures starting in early 2020. What’s special about ICE’s bitcoin futures is that this potentially marks the first move of...

Read More »

Bitcoin Price Flails in No Man’s Land After Bakkt Launch Underwhelms

Following months of delays, Bakkt finally launched its long-awaited bitcoin futures market on Sunday evening. Cryptocurrency bulls like Tom Lee believe Bakkt's arrival is a watershed moment, an industry-bending event that will change bitcoin's story forever. You wouldn't know it from the charts though. The bitcoin price is down, and early trading volumes haven't been particularly impressive. Bakkt's BTC contract has been thinly traded so far. | Source: ICECrypto Analysts Remain Wary of...

Read More »