Cryptocurrency Analysis and News Portal
Chicago exchange CME Group has announced its highly-anticipated bitcoin options are now open for trading.Options on CME's bitcoin futures contracts launched on the CME Globex around 15:00 UTC Monday. Each contract, quoted in U.S. dollars, represents five bitcoin and is cleared centrally to avoid counterparty risk. CME relies on trade
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The former chief executive of bitcoin derivatives exchanges Bakkt is to join the committee that oversees the Commodity Futures Trading Commission (CFTC), raising concerns of a possible conflict of interest. The newly appointed senator, Kelly Loeffler (R., Ga.), will serve on the Senate Agricultural Committee, which is responsible for defining
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Kelly Loeffler, former CEO at the Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, has been sworn into the United States Senate.In a Jan. 6 tweet, Loeffler announced that she was sworn into the U.S. Senate by Mike Pence, the Senate’s chief officer, to become Georgia’s newest Senator.Loeffler casts first
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Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt.Following the departure of founding CEO Kelly Loeffler, who was appointed to a United States Senate seat in early December, Blandina has now been promoted to CEO position as he
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Bitcoin warehouse and Intercontinental Exchange subsidiary Bakkt officially has a new head.The company announced Monday that Mike Blandina would become the new president of the company, effective December 20. He succeeds outgoing CEO Kelly Loeffler, who was recently appointed to become the next Senator from the state of Georgia.Loeffler has
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Bitcoin price has jumped back above $7000 gaining over 7% in the last 24 hours. This price jump in Bitcoin is reportedly due to a massive spike in the Bakkt Bitcoin Futures volume. Thus, despite the Bitcoin price volatility, institutional trading for Bitcoin seems on the rise.A Twitter handle dubbed
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In direct competition to ICE‘s Bakkt platform, cryptocurrency exchange ErisX has launched its physically-settled Bitcoin futures contracts. In an official announcement on Monday, December 17, ErisX said that it will make its futures contracts available in the U.S. as of now.The product dubbed “Futures Digital Currency Products” will start trading
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ErisX is only the second company to offer physically-settled bitcoin futures in the U.S., following the launch of Intercontinental Exchange’s Bakkt futures contracts in September of this year. Cash-settled futures have been trading in the U.S. since 2017, when CME and Cboe launched their own products, though Cboe discontinued its
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Earlier this week, institutional Bitcoin (BTC) futures platform Bakkt launched two new financial products: the first United States-regulated BTC options and cash-settled futures. The announcement came just three months after the project went live with its physically delivered futures, following a series of delays.Meanwhile, the platform’s CEO, Kelly Loeffler,
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Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been
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