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 »Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 Barrier
Earlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly settlement periods along with its safe custodial solution called the Bakkt Warehouse.Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoinWe take our customers’ trust seriously, and are excited to serve this market— Bakkt (@Bakkt) September 23, 2019Bakkt entry to the...
Read More »Trading for Bakkt Bitcoin Futures Goes Live But Bitcoin Price Tanks Below $10,000
ICE‘s Bakkt platform has finally announced its Bitcoin Futures contracts going live today, September 23. Bakkt‘s Bitcoin Futures launch comes as per its earlier announced schedule after the U.S. Commodities and Futures Trading Commission (CFTC) gave the exchange a green signal last month.We’re live!The first Bakkt Bitcoin Futures trade was executed at 8:02pm ET at a price of $10,115— Bakkt (@Bakkt) September 23, 2019As part of the announcement, Bakkt provides two contracts – Bitcoin Daily...
Read More »#712 Bakkt Bitcoin Futures live, Ether Delta Hack & FED druckt Milliarden
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 712. Heute geht’s um folgende Themen: Bakkt Bitcoin Futures live, 2 Angeklagte im Ether Delta Hack & US Federal Reserve pumpt Milliarden US-Dollar in die Wirtschaft 1.) Bakkt’s Much-Anticipated Bitcoin Futures Trading Platform Goes Livehttps://cointelegraph.com/news/bakkts-much-anticipated-bitcoin-futures-trading-platform-goes-live 2.) EtherDelta Hack: Zwei Tatverdächtige...
Read More »Bakkt Launches Physically Delivered BTC Futures
Photo: ShutterstockLet’s investigate. To encourage the participation of institutions in Bitcoin, in 2018, Bakkt announced their plans to address such well-known issues as AML/KYC, security breaches, lack of regulation, a volatile asset price, etc.Now, with fraudulent trading gapped and collateral in place, Bakkt is ready to launch since they have received all the regulatory approvals needed.Time will tell if Bakkt will be able to tackle all the challenges that arise when working with a new...
Read More »Will Bakkt Cause Cryptocurrency Markets to Explode? PrimeXBT Research
Only a few days remain before the launch of the long-awaited and much anticipated Bakkt trading platform, which will bring large institutional investors to the Bitcoin market. It may sound unfeasible, but Bitcoin price is expected to reach $100,000 in the coming years, and much of the next bull run will be driven by Bakkt.What is Bakkt?The Bakkt cryptocurrency platform was created by ICE, a transcontinental operator of the largest futures exchanges and clearing houses for financial and...
Read More »Industry Analysts and Experts Say: Bitcoin Price is in Front of a Massive Move
Many industry experts are now speculating on Bitcoin price as the top cryptocurrency has been trading sideways for quite a while after climbing more than 200% this year. The huge price increase from $3,300 to $13,000 has left everyone wondering – which way Bitcoin is heading now?It seems like everyone is waiting for something to happen, but nothing is happening. Just recently, experts claimed that Bitcoin failed to go past one of the essential resistance points at $10,500 and now could be...
Read More »CME Group Seeks CFTC Permission to Double Its Bitcoin Futures Trading Cap
Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...
Read More »BNY Mellon Officially Named as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
Photo: Bitwise / TwitterBitwise has tapped into the experience of the Bank of New York Mellon. It has appointed the BNY Mellon to serve as the administrator and transfer agent for its forthcoming Bitcoin exchange-traded fund (ETF). Bitwise filed an amendment to its Bitwise Bitcoin ETF S-1 form on September 11. It then submitted the amendment to the United States Securities and Exchange Commission (SEC) on the same day.The amendment lists Foreside Fund Services as the marketing agent, BNY...
Read More »Bakkt’s Adam White: ‘We Will Play a Disruptive Role in the Bitcoin Market’
For a while now, one of the most anticipated events in the crypto sector has been the official launch of Bakkt which the market has been waiting for since last year when the firm was officially announced.Last week, the official Twitter account announced that the Bakkt Warehouse had been thrown open and had begun receiving deposits and withdrawals, in preparation for its Bitcoin Daily & Monthly Futures, expected to launch on the 23rd of September.Now, the firm’s Chief Operating Officer...
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