Blockchain 

Bakkt Announces Bitcoin Futures Launch Date in July

As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier today, Bakkt chief operating officer Adam White wrote: “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and…

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Blockchain 

Ethereum Price Jumps 8% | CTFC Approving Futures Trading Soon?

Ethereum is now firmly established as the cryptocurrency with the second biggest market cap after Bitcoin, and more good news could be on the way for the coin if recent reports regarding CTFC approval of Ethereum futures are to be believed. According to a report from Coindesk, the United States Commodity Futures Trading Commission could be all set to approve it, provided Ethereum passes the commission’s stringent tests. Needless to say, it would be a significant development for the cryptocurrency if it eventually comes to pass. ETH is up by…

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Blockchain 

Kraken Futures Trading Nears $1 Billion in First Month

Crypto is nowhere close to being dead. Kraken’s newly acquired Crypto Facilities has seen around $1 billion traded in crypto futures already in February, according to an article released today by CoinDesk. Sui Chung, Crypto Facilities’ head of pricing products and indices, told CoinDesk that futures trades have grown more than 500% since Kraken acquired the futures exchange. Kraken Acquires Crypto Facilities On February 4th, US-based cryptocurrency exchange Kraken announced the acquisition of Crypto Facilities. At the time, the cryptocurrency exchange didn’t release the exact figures for the transaction and just…

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Bitcoin 

Bitcoin Futures | NASDAQ Officially Confirms Launch in Early 2019

The world’s second-largest stock exchange in the world, the Nasdaq exchange, has officially confirmed its plans to launch Bitcoin futures in 2019. Late last week, unofficial reports surfaced of the exchange launching these plans, first reported by Bloomberg. Joseph Christinat, VP of Nasdaq’s media team, spoke to the UK’s daily tabloid The Express yesterday and confirmed the plans. The VP states that these futures will be listed and launched in the first half of 2019—no official date has been given at this time. Nasdaq Bitcoin Futures The launch still remains subject to…

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Bitcoin 

Bitcoin Futures | Nasdaq Claims BTC Futures Contracts are Still Coming

Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has plunged nearly -75% since the beginning of the year and interest in digital currencies has dramatically decreased. Still, the Wall Street exchange feels there is enough investor interest to continue its plans. One of the individuals at Nasdaq told Bloomberg…

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Cryptocurrency 

Bakkt Looks for Support for Its Next Futures Contract

As Bitcoin continues to slide past the $4,500 mark, bullish investors need something to hold onto. Bakkt is trying to give it to them. Intercontinental Exchange, the owner of the NYSE, is fighting the good fight with a plan to make cryptocurrencies mainstream. Bakkt is its plan. The new platform offers regulated trading, clearing and custody, and security. It is a safe environment for consumers to buy, sell, store, and spend digital assets. Bakkt and Bitcoin The platform’s first futures contract will be a Bitcoin one, as it is “the clear crypto…

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Bitcoin 

CBOE Bitcoin (BTC) Futures Reach Record-Low Volatility

Bitcoin (BTC) futures hit record low volatility in October on the US Chicago Board Options Exchange (CBOE), MarketWatch reported yesterday. CBOE Bitcoin (BTC) Futures Kevin Davitt, a Senior instructor at CBOE Options Institute, published a video on November 1st outlining the volatility decline. In the video above, Davitt outlines that the average weekly volatility for XBT-CBOE Bitcoin (BTC) futures on the week ending October 26th was just three percent. This is the lowest level of volatility since the futures contracts launched on December 10th, 2017. As of the first of…

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Cryptocurrency 

Bitcoin Futures | Bakkt Announces Futures Launch Date!

The launch date for Bitcoin futures on the Bakkt platform has been announced. Bakkt is a platform for trading, storing, and spending digital assets, and was created earlier in 2018 by Intercontinental Exchange—the parent company of the New York Stock Exchange (NYSE). Bitcoin Futures Launch Date According to a document released today, the launch date for trading is December 12th, 2018. The document explains the idea further: “Each futures contract calls for delivery of one Bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in US dollar terms. One daily contract will be listed…

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Ethereum 

Ethereum [ETH] Futures Contracts Go Live Today

Ethereum [ETH] Futures – Crypto Facilities, a U.K-based cryptocurrency trading platform, announced this morning that it would be launch Ethereum futures later today. The official statement reads: “The first Ethereum futures to be offered by a regulated firm, the products will enable market participants to take a long or short position in the cryptocurrency, allowing them to broaden investment opportunities and manage risks more effectively.” Crypto Facilities provided support for the CME Bitcoin futures that launched in December of last year. Chicago-based Akuna Capital will be providing liquidity for these…

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