Bakkt Launch – The Countdown Begins With Just 7 Days To Go

For most people, a week isn’t a long time. But in the fast-paced world of bitcoin and cryptocurrency, it’s enough to change the face of everything with just seven days left until the Bakkt launch. Seven Days Until the Bakkt Launch As tweeted out by Bitcoin quant expert Plan B, there are just seven business days […]

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Good News For Bakkt? NYDFS Announces Crypto-Licensing Division

The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and Innovation’ Division will supervise and license virtual currencies, address financial inclusion through technology, protect consumer data rights, and encourage innovation in the financial services marketplace. A New ‘BitLicense’ Division Four years ago, NYDFS introduced […]

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New Call Options Allow Joe Schmoe to Bet on $100,000 Bitcoin

LedgerX recently revealed a new call option that could help push Bitcoin price to $100k by 2020.  Hey Bitcoin, When Moon? Regular Joe Schmoe investors can now place bets on Bitcoin rising to $100,000 thanks to regulated derivatives offered by LedgerX exchange. LedgerX recently revealed the call option and participants are betting that Bitcoin price […]

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5 Plausible Reasons Bitcoin Price Exploded Over the Weekend

The buying frenzy may have cooled off a bit, yet Bitcoin is still keeping its head above the $7,000 mark. What caused Bitcoin price to skyrocket this time around? Digging a little deeper, it appears it was not retail-driven. Why Bitcoin Price Went Ballistic Oftentimes when we see a Bitcoin buying frenzy, it’s fuelled by […]

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Bitcoin ETF ‘Not Going To Happen’ Due To US Gov’t Shutdown, Says Lawyer

A Bitcoin exchange-traded fund (ETF) is “not going to happen” in the event of a protracted US government shutdown. ‘In Reality It Would Never Happen’ That was the position of securities lawyer and frequent cryptocurrency commentator Jake Chervinsky this week in the face of mounting rumors the long-awaited instrument could soon go public. After president […]

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Bakkt Raises $182.5M From Microsoft And Other Big-Name Investors

Bakkt on Monday announced the completion of its first funding round, to the tune of $182.5 million. The platform which aims to offer the first-ever Bitcoin-settled futures contracts in the coming year says it is going ahead with its plans irrespective of the current market conditions. $182.5 Million in Funding From High Profile Investors In […]

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