Cryptocurrency Analysis and News Portal
Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public.Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited investors exclusively. The Bakkt App is the firm’s first retail-facing crypto initiative.Bakkt’s app was
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The move from Bakkt further complements the decision of Coinbase and other exchanges including Binance US, OKCoin which had removed XRP coin from their platforms.Bakkt, the digital asset marketplace backed by Intercontinental Exchange Inc, has revealed that it has no plans to support XRP coin, the digital asset closely associated
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Cryptocurrencies could grow fivefold by 2025 into a $3 trillion market, under new projections from Bakkt Holdings, the digital-asset financial firm.Bakkt published the estimate as part of an investor presentation released Monday in connection with its new plan to go public via a merger with Victory Park Capital, a special-purpose
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A deal could be announced as soon as next week, the report said. Source
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Former Bakkt CEO Kelly Loeffler (R-Ga.) will not return for a full term as a U.S. Senator, AP projected Wednesday.Loeffler, who ran against Democrat Raphael Warnock, left the crypto warehousing company late in December 2019 to fill former Sen. Johnny Isakson’s seat, after Isakson (R-Ga.) stepped down due to health
Read MoreData from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.Bitcoin delivery on Bakkt. Source: ICE, Arcane ResearchBakkt, the digital asset payment platform and derivatives exchange,
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Trading volume in physically delivered bitcoin futures listed on Intercontinental Exchange's Bakkt platform surged to record highs on Tuesday. Source
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Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will eventually gain traction. Trading volumes for physically settled bitcoin futures on Bakkt rose to $134 million
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Bakkt, the physically-settled Bitcoin Futures trading platform for institutional investors took to Twitter to announce that its trading volume has hit a new all-time high of 11,509 contracts after over a month of zero activity on the platform. The surge is attributed to the rise in the price of bitcoin
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Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year.The institutional investing platform reported its highest ever figure for Bitcoin monthly futures on Jul. 28 with 11,506 contracts — an increase of 85% over
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