Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it’s rolling out cash-settled Bitcoin futures and monthly options. The platform sees an increasing volume over the past week, signaling further institutional involvement.Bakkt’s Cash-Settled Futures ContractAccording to an official publication by Adam White, COO at Bakkt, the platform has rolled out a cash-settled Bitcoin futures contract.So far, Bakkt was only offering...
Read More »Bakkt Launches Bitcoin Options and Cash-Settled Futures
As Bakkt has announced in its blog post, Bitcoin monthly options and cash-settled futures are now available.The recent post provides more details on these new offerings.Bakkt Bitcoin (USD) monthly options are based on the benchmark Bakkt Bitcoin (USD) Monthly Futures contract. It is the first CFTC regulated product of this kind. These options will offer new opportunities for trading and earning for traders from all over the world.Bakkt Bitcoin (USD) cash-settled futures are now available, as...
Read More »Ethereum Price Analysis: ETH Claims $150 But Can It Go Any Higher?
Ethereum finally broke above the $150 level but now struggles at the resistance at $152.ETH broke beneath the lower boundary of the symmetrical triangle as expected.The bulls are attempting to gain control over the momentum but have failed to break above the 50 level on the RSI so far.Key Support & Resistance LevelsETH/USDSupport: $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0185 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC,...
Read More »Ignorant Wealth Manager Says Bitcoin Collapse Is Imminent; Here’s Why He’s Wrong
Another Wall Street executive is calling for the collapse of bitcoin along with other cryptocurrencies. The wealth manager believes that bitcoin will follow the footsteps of Blackberry and Lycos. He fails to understand that bitcoin is the best performing asset of the decade and its function has evolved from simple payment settlement into a global hedge against the traditional banking system. Many so-called Wall Street experts have come forward over the years to criticize bitcoin and other...
Read More »Chainlink Powering Ampleforth Protocol to Improve Upon BTC as a Reserve Currency
Place/Date: San Francisco, USA - December 9th, 2019 at 2:01 pm UTC · 3 min read Contact: Ampleforth, Source: Ampleforth Ampleforth announced today that it will be the first monetary asset to use Chainlink oracles to aggregate secure and timely off-chain pricing data for its protocol. Through the Chainlink integration, Ampleforth’s Market Oracle (volume-weighted price) and CPI Oracle (current price target) will now be powered by nine different incoming price feeds from three different...
Read More »Moonshot Bitcoin Price Trigger Needs Halving and 2020 Global Recession
Bitcoin has succumbed to selling pressure as of late. However, many analysts are predicting that the top cryptocurrency will likely come back to life next year. The possibility of a financial meltdown plus the halving could trigger a strong bitcoin bull market in 2020. It’s quite difficult to see the long-term bullish picture of bitcoin if the top cryptocurrency has been nothing but bearish lately. After a strong first half, the digital asset has shed over 46 percent from its 2019 high of...
Read More »Bitcoin Trading Volume in Argentina Hits New ATH As The President-Elect Announced New Cabinet
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has chosen a new cabinet seeking the Peronist agenda and possibly going against IMF’s involvement in the country.Bitcoin Trading Volume At ATHAccording to the popular monitoring resource Coin.Dance, the volume of Bitcoin traded on LocalBitcoins, has surged to a new all-time high during the first week of December 2019. In the past seven days,...
Read More »OKEx Surpasses CME in Launching Bitcoin Options Trading
Cryptocurrency exchange OKEx announced it decided to launch Bitcoin options trading by the end of this year.According to the announcement, the Malta-based exchange currently offers spot trading meaning purchase or sale of foreign currency, financial instrument or commodity for instant delivery on a specified spot date. It also offers futures trading and both of it in cryptocurrencies, A per the company, starting cash-settled options trading in BTC/USD pair begins on December 27 due to...
Read More »Nubank Wins Big in Latin America’s Fintech Community
While it may not be in the normal scheme of things for fintech companies to make it big within just a few years of operations, fintech startup Nubank has done that. Sources indicate that the Brazilian startup has gone from strength to strength and has become one of the leading forces in the global fintech space due to a few gutsy moves by its CEO David Vélez. It all started when David was reading about how mobile apps were now being used to manage money in a new and different way in China...
Read More »Sheila Johnson Shares Her Secrets of Success
While many individuals of high net worth aren’t inclined to share their opinions on strategically important issues that involve being successful in business, Sheila Johnson who coincidentally has been said to be the first black woman to achieve billionaire status has done just that. For the record, Sheila Johnson is the founder and CEO of Salamander Hotels and Resorts, the co-founder of the famous Black American Cultural Channel BET, the Vice-Chairman of Monumental Sports and Entertainment...
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