Bakkt Bitcoin Trading Volume Sets New Record After Flash Crash

Bitcoin just lost over $500 in a few minutes, and apparently, institutional investors went crazy. On Bakkt, trading volume for its Bitcoin monthly futures almost hit 350 BTC today. The indicator might exceed the 1,000 threshold by the end of the day.   Institutional Investors Use Bakkt to Buy Cheap While it’s difficult to understand […]

Continue Reading

Bakkt Bitcoin Futures Trading Up 3,100% Since First Day

The Bakkt platform is starting to build momentum after a disappointingly uneventful launch. On Thursday 10 October, the exchange reported 224 BTC contracts had been traded, which equates to around $1.83 million. That figure is 3,100% higher than the mere 7 Bitcoin contracts that were traded on the very first day, only 2 weeks ago.  […]

Continue Reading

Bakkt Blamed But Just Another Bearish Day On Bitcoin Markets

Bitcoin is leading markets back into bearish territory today but some are starting to blame an underwhelming Bakkt launch. In reality it is just another day of crypto trading as the ebb and flow of digital assets continues. Bitcoin Slides Further It has been just another day on bitcoin markets as the asset dropped 3% […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading