Tag Archives: Bakkt

Executives of JPMorgan Chase & Co. believe that CME Group is going to be the company that dominates the bitcoin futures contracts arena.CME Group Is Heading the MarchAs we all know, other markets have opened the doorway to bitcoin futures trading in the past, a big example being Bakkt which began business in September 2019 after a long year of delays. The platform experienced a rather lackluster debut and is widely considered to be the reason for bitcoin’s dismal price performance just...

As 2019 finally comes to an end, we close out not just a single year, but a rather wild decade. Starting tomorrow, the 2020s will come roaring in, ready to spread joy throughout the land of bitcoin and its altcoin counterparts. Let’s look back at some of the biggest stories to occur surrounding cryptocurrency over the past ten years and how they’ll influence the coming months.The Development of BitcoinWhile bitcoin wasn’t necessarily born in the 2010s (the whitepaper supporting its creation...

2019 is coming to an official close, and it’s been a crazy year for bitcoin and its crypto counterparts. In an end-of-year series, let’s examine some of the biggest stories that have occurred over the past 12 months and how they’ll possibly influence the crypto industry’s behavior in 2020.Bitcoin and Its Ongoing VolatilityIt can be argued that 2019 was a year of major volatility for bitcoin. After all, the currency started out at a mere $3,500 – where it remained until April. Bitcoin had...

Recently, Live Bitcoin News reported that the former CEO of Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – had left her post to go serve in the United States Senate. While it’s only a temporary position, the company still needs to find a worthy replacement – even if it’s for just a small amount of time.Bakkt Has a New Person in ChargeBakkt is introducing us to Mike Blandina, the new CEO of the platform, while Adam White will serve...

After weeks of trading barely above $7,000, bitcoin (BTC) – the world’s largest and most powerful cryptocurrency by market cap – has unexpectedly fallen into the $6,000 range.Bitcoin to End the Year on a Negative Point?At press time, bitcoin is trading for just over $6,700, meaning it has fallen by anywhere between $300 and $400 over the past 48 hours. There are no valid reasons given for the sudden and dramatic fall, though one source is suggesting that Plus Token – a notorious Chinese Ponzi...

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...

Okay. The bad news is that bitcoin is about to post its worst month this year. The good news is that the bearish behavior that’s been plaguing it as of late could finally be coming to an end.Bitcoin: Will the Negativity Come to an End?According to one source, all the technical signals suggest that the currency is about to turn itself around, and many enthusiasts say this news couldn’t have come soon enough. The month of November has been arguably the worst of 2019 for the world’s leading...

As we continue our coverage of bitcoin and the crash of the cryptocurrency market, it appears the world’s primary cryptocurrency has fallen by another $300 and is now trading for just over $7,100. This is the lowest it’s been in months, and it’s unclear when – or if – the currency plans to recover.Bitcoin Continues to Suffer and DropAs we edge closer towards the end of the year and the introduction of 2020, we are reminded of the bear run that bitcoin endured during November of last year. The...

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...

At press time, bitcoin is trading for just over $8,400.Bitcoin: Bearish All Over Again?This figure marks a drop of roughly $700 over the past few days. The currency is incurring some very strange behavior as of late, though there doesn’t seem to be much of an explanation regarding why this behavior is happening.Let’s start off with the basics. To do this, we must go back to the end of October, when bitcoin was really trapped in a rut following the disappointing opening of Bakkt and the Mark...