Tag Archives: Bakkt

It’s awful when something you’ve created is being used in a bad way, and C++ software language creator Bjarne Stroustrup is feeling this firsthand, but how accurate are his thoughts?Stroustrup: Not a Big Bitcoin FanStroustrup is the builder of C++, which is a programming system that’s used to power all kinds of new software platforms – including bitcoin mining. In a recent interview, the tech genius explained that while he’s very proud of his creation on an individual level, he has no control...

Bitcoin isn’t for everyone, but Jean-Claude Trichet – the European Central Bank’s former president – appears to have a serious aversion towards the cryptocurrency.Trichet: BTC Is Not a CurrencyAt a recent summit, Trichet took a nasty stab at bitcoin, saying that it wasn’t even a currency and that crypto would not amount to much in the future. He said:I am strongly against bitcoin, and I think we are a little complacent. The [crypto]currency itself is not real, with the characteristics that a...

At press time, bitcoin has taken something of a nosedive and is now trading for a measly $8,800.Bitcoin Drops AgainWhile the price isn’t nearly as bad as it could have been, the currency has fallen below the $9,000 line, which is where it’s been for nearly two weeks. Things ultimately took a nasty turn for bitcoin and cryptocurrencies in general in late September when Bakkt – the institutional crypto trading platform owned by the Intercontinental Exchange (ICE) – debuted to rather lackluster...

Well, Bakkt has been around for over a month. Despite a slow start, it looks like the crypto trading platform has easily rebounded and is now trading in the millions in terms of the number of bitcoin futures contracts.Bakkt Can Work in “Other” WaysAnd yet, there are some analysts that don’t seem to think this will make bitcoin and cryptocurrency mainstream. How can this be? For years, the primary argument behind Bakkt is that it will bring institutional traders to the playing field. This will...

Will bitcoin hit its biggest marks in 2021?Bitcoin Is Set to Explode in the Next Two YearsThat’s what some analysts are saying. According to bitcoin experts like “Plan B,” bitcoin could strike the $100,000 mark by the end of 2021… Around Christmas of that year to be exact.Bitcoin has been undergoing some very strange behavior, lately. The currency fell to the low $8,000 range from $9,500 in late September after Bakkt debuted to rather disappointing reception. While things picked up from...

Stable currencies are all the rage as of late. Given the price volatility of many mainstream cryptocurrencies such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and bitcoin cash (BCH), some are looking for new ways to ensure their safety while also investing in digital currencies, and now it looks like stable currencies are about to get a big regulatory boost.Could a New Bill Make Stable Currencies Mainstream?A new bill has been opened in Congress called the “Stable Coins Are Securities...

It’s happened again, folks. Another major jump for bitcoin is in the books, and this time, the currency is just shy of trading at the $10,000 mark.Bitcoin Explodes in Price AgainIt seems bitcoin has had an extraordinary week when one really considers the circumstances of its present price journey. The currency has managed to regain all its losses from September and October in just a matter of days. It fell from $9,500 in late September when Bakkt – the institutional crypto trading platform...

Wow. For a currency that remains horribly vulnerable to price swings and volatility, bitcoin has really managed to fix itself up over the past two days. The currency is trading beyond the $9,000 mark – a massive improvement considering just three days ago it was stuck in the mid-$7,000 range.Bitcoin Is Defying All ExpectationsBitcoin has experienced a hard period over the past 30 days. Things started off bad in late September when Bakkt – the institutional crypto trading platform owned by the...

Oh, bitcoin… Why must you always put us through this? At press time, the asset has fallen back down into the $7,000 range. Granted the price is still in the higher section – $7,960 – but it’s still a significant drop from yesterday, when bitcoin was trading for around $8,100.Bitcoin Is Once Again Falling from GraceWhat this tells us is that the currency, despite all its past resilience, is unable to maintain the momentum it briefly had following the cryptocurrency bloodbath of late September....

Ripple’s XRP is leading the way as many of the industry’s top 20 cryptocurrencies are beginning to experience solid gains over the early morning and afternoon hours.XRP, Bitcoin and Ethereum Are Fighting for Their LivesAt press time, XRP has built itself up to 28 cents per unit – a near five-cent boost since it was first struck by the crypto bloodbath of last September. Bitcoin is also holding its own and is currently trading at just shy of $8,450. This is a spike of more than $100 in just...