Bitcoin Cryptocurrency News

Kelly Loeffler Steps Down As Former PayPal Exec Becomes Bakkt’s New CEO

Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has recently appointed a new CEO as Kelly Loeffler stepped down. The former CPO of the company, Mike Blandina, will take her role, and, at the same time, the former COO, Adam White, will serve as President. New CEO and President of Bakkt Bakkt Read more…

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Bitcoin Cryptocurrency News

Sunday Digest: Bitcoin Price And The Race To Rule The Blockchain Space

A photographer managed to get some snaps of a three-antlered deer in Michigan, USA this week. A wildlife expert described the find as one-in-a-million. This means that there are better odds of finding a three-antlered deer than of a certain Australian actually being the creator of Bitcoin. Bitcoin Price: More Consolidation There hasn’t been a Read more…

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Bitcoin Cryptocurrency News

Are Bitcoin Futures One Big Market Manipulation Scheme?

Some still assert that the launch of two bitcoin futures products crashed markets in 2017 as it was the first time investors could short the asset. What they have done has completely changed the landscape two years later. Futures Changed Bitcoin Landscape According to ‘Skew Markets’, futures products improved the price discovery for bitcoin especially Read more…

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Bitcoin Cryptocurrency News

Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win

As Mark Zuckerberg testifies in Congress today, October 23, 2019, about Libra, the prevailing question is no longer if digital assets will go mainstream, but how they will do so and who will control them when they do.  In one corner is the U.S. government. Inspired by and fearing China’s progress in launching a digital Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price ‘Two-Steppin’ to $20K’: BitMEX CEO Hayes Returns

Bitcoin price trajectory is heading back to $20,000, BitMEX CEO Arthur Hayes has said as he returns to the spotlight after a month-long absence. Hayes Emerges For Conference In a tweet on September 3, Hayes, who at the start of August said he was abandoning public life, will attend the Invest Asia conference in Singapore Read more…

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Bitcoin Cryptocurrency News

BitMEX Bitcoin Outflow in July is Worse than Reported

Everybody knows that July was a bad month for one of the world’s largest bitcoin and crypto derivates exchange BitMEX. But they are wrong. July was – evidently – the worst.  New data reveals that the Seychelles-based firm experienced its most damaging net inflows in the said month. Fork Monitor found that BitMEX processed withdrawals Read more…

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Bitcoin Cryptocurrency News

Anthony Pompliano Says it Only Took Bitcoin 10 Years to Get to the G7

The G7 is meeting next week to explore the regulations around Bitcoin and other cryptocurrencies. Unsurprisingly, Anthony Pompliano is not worried. G7 to Discuss Bitcoin Next week, the G7 is scheduled and this time the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States will set aside some time to Read more…

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Bitcoin Cryptocurrency News

Here’s Why Bakkt Launch Is a Blessing For Bitcoin Holders

Yesterday’s big announcement that regulatory approval has been granted to Bakkt could be the best news bitcoin investors have had this year. It opens the door to institutional investors and is a huge step forward for crypto industry legitimization in the US. Bakkt To Launch Next Month After months of procrastination, the new cryptocurrency trading Read more…

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Bitcoin Cryptocurrency News

Bakkt Wins Regulatory Approval to Launch Bitcoin Futures

Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter. That would provide Read more…

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LedgerX Launches Physical Bitcoin Futures Before Bakkt

U.S. citizens can now purchase physically settled Bitcoin futures contracts using LedgerX’s Omni platform. What does this mean for Bitcoin price? If You’re Not First You’re Last!  On Wednesday BTC derivatives provider LedgerX revealed that it had launched physically-settled Bitcoin futures contracts. This makes the company the first to offer such a product in the Read more…