Bakkt

Governor Appoints Bakkt Crypto Exchange CEO Kelly Loeffler As The Next Georgia Senator

December 12, 2019
The cryptocurrency industry is still largely opposed by traditional financial proponents, though there are a few people in government that seem interested in the potential of the technology. As one of Georgia seats opens up, the governor has chosen to appoint a prominent member of the crypto community – Kelly Loeffler, CEO of Bakkt. President

Bakkt announces first regulated options contract for bitcoin

October 31, 2019
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9. Bakkt options contract is certified with CFTC According to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees,

Bakkt Hits New All-Time High, With Over 450 Bitcoin Futures Contracts Traded

October 29, 2019
Bitcoin (BTC) futures volumes on digital asset platform Bakkt have hit a new all-time high, with 452 BTC futures contracts traded at press time. Per historical data from Intercontinental Exchange (ICE) — the operator of Bakkt — today the platform has traded 441 Bitcoin futures contracts for November 2019, with the last recorded trading price

Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

October 24, 2019
Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO). According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab. In the past, she also worked as the

Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M

October 22, 2019
Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s senior market strategist Mati Greenspan on Oct. 15 revealed cryptocurrency markets had all but bottomed out in terms of activity. From

Bakkt CEO: 3 Reasons Why Bitcoin Product Launch Is a Big Deal

October 1, 2019
Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry. In a statement on Sept. 23, Bakkt CEO Kelly Loeffler emphasized that the successful launch of Bakkt Bitcoin Futures contracts is the first time when United States-regulated, physically settled Bitcoin futures became

Tom Lee: Bakkt to ‘Improve Trust With Institutions to Crypto’ in 3 Days

September 24, 2019
Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said. More praise for Bakkt In a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee joined the increasing number of Bitcoin figures bullish about Bakkt’s impact on the space. The platform goes live

Bakkt Warehouse Launches Deposits and Withdrawals as Planned

September 12, 2019
Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the way As the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28. The launch of Bakkt Warehouse comes as the

JPMorgan Chase Sees Change in Bitcoin Industry

June 28, 2019
According to a report from Bloomberg, JPMorgan Chase has seen a considerable change in the Bitcoin industry in the past two years. This change has been led by what is termed as an institutional interest. An investigation which was conducted by Bitwise, an asset manager, revealed that much of the trade volume being reported by

Bakkt To Launch Mobile Payment App Soon After Bitcoin Futures Release

June 27, 2019
Since last year, the Intercontinental Exchange (ICE) floated a payment and trading system known as Bakkt. The ICE also owns the New York Stock Exchange (NYSE) with Bakkt as a subsidiary. The Bakkt platform is a properly regulated space that serves individuals as well as institutions by offering them services that help support and secure