The next big bitcoin bull-run was supposed to be led by an incoming swathe of institutional money. Lured in by potential profits unheard of in traditional investment products, and reassured by trusted brands offering institutional-grade custodial solutions. So what happened? Patience Is A Virtue According to Bloomberg, the biggest investors are still on the sidelines biding their Read more…
The hope that Bakkt futures traders would seek out physical delivery settlement to become Bitcoin (BTC) holders may be unfounded. So far, futures traders prefer to roll over their contracts before expiration. Bakkt Traders Roll Over and Refuse BTC Delivery The Bakkt platform physical settlement BTC product arrived with the hopes of turning institutional and Read more…
Bakkt joins the field of institutional-grade bitcoin custody service providers after obtaining approval from regulators in New York. Meanwhile, the Bitcoin futures product launched by the Intercontinental Exchange (ICE) subsidiary continues to set new records. Bakkt Warehouse Obtains NYDFS Green Light Bakkt COO Adam White announced the news via a blog post published on Monday Read more…
Bitcoin offered a wild, outlandish upside in comparison to gold. Despite the “gold rush” of the past two decades, BTC turned out to be a unique “wild card” when it comes to hedging against inflation. Investing Just $100 with Wildly Different Outcomes Even with bitcoin trading below its 2017 peak price, the cryptocurrency holds humongous Read more…
Bitcoin is a great tool to diversify an investment portfolio, investment management firm VanEck concluded in a blog post. The Cryptocurrency Shows Low Correlation to Traditional Assets It is not a secret that Bitcoin demonstrates almost no correlation to traditional assets. This aspect was previously analyzed in detail by several well-established asset managers and hedge Read more…
The launch of the largest institutional bitcoin product of the year is finally upon us. Can it rejuvenate momentum on BTC markets or will it be a big overrated flop? We will find out tomorrow. Countdown to Bakkt Big For Bitcoin? With just a day to go, the long-awaited Bakkt physically-settled bitcoin futures trading platform Read more…
The Ethereal Summit is currently taking place in Tel Aviv, Israel. One of the more interesting panels was that of Ethereum’s co-founder, Vitalik Buterin. Titled “Q&A On Ethereum 2.0 With Vitalik,” the discussion revolved around plenty of things concerning the future of the network, including scalability solutions. Discussing one of the hottest trends in the Read more…
In a recent tweet, Changpeng Zhao, the CEO of the world’s leading cryptocurrency exchange, Binance, recently emphasized the potential profits that Binance Coin offers its holders. While a tweet of the kind might appear innocuous, it could also have an impact on the BNB price, given Zhao’s influence on the community, making the entire thing Read more…
VanEck has been offering “forward-looking” strategies for over half a century. But its VanEck SolidX Bitcoin Trust ETF for institutional investors looks to be a non-starter. VanEck has been in and out of the headlines in the Bitcoin circle for some time now since it submitted first highly scrutinized and hotly anticipated Bitcoin ETF proposal Read more…
As the bitcoin and crypto industry gears up for Bakkt, the US Securities and Exchange Commission (SEC) claims there is still work to be done. The primary concerns at the moment revolve around custody and price manipulation. Bakkt Could Solve SEC Crypto Concerns Speaking to CNBC’s The Exchange yesterday, SEC chairman Jay Clayton was asked Read more…