Bitcoin 

Bakkt Futures Trading Volumes Continue to Grow—But There’s a Catch

Bakkt futures trading volume hit a record high of 4,269 BTC in a single day; however, very little Bitcoin has actually been physically settled on the exchange. The launch of the futures trading exchange from the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, was one of the most highly anticipated events on the 2019 crypto calendar. However, Bakkt got off to a sluggish start and traded only 623 futures contracts in the first week of launch in late September. Volume has started to pick up…

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Blockchain 

Bakkt to Launch Cash-Settled Bitcoin Futures on December 9

The cryptocurrency industry has come a long way from the days when it used to be tough for people to buy tokens online and hence, the emergence of Bitcoin futures did not come as a massive surprise for most market watchers. So what does newly-created crypto exchange Bakkt have in store? Let’s dig in. Key Expansion A few months back, Bakkt announced that it was going to launch a Bitcoin future product that could be settled in cash. That announcement naturally caused a lot of enthusiasm in the crypto sphere,…

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Blockchain 

Bakkt Futures Monthly Trading Volume Starts to Pick Up Pace

Bakkt, the crypto exchange platform from the Intercontinental Exchange, has seen its futures trading volume soar to 1,061 contracts, indicating that institutional investors are finally getting on board with the platform. Since its launch on September 27, Bakkt has endured a sluggish start to life despite being one of the most highly anticipated exchange in the world of crypto this year. With just 623 futures contracts being traded in the first week, for a total value of just over $5 million USD, it appeared as though the platform was a massive…

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Blockchain 

Bakkt is All Set to Launch Options on Bitcoin Futures in December

Over the past few years, the crypto sphere has come a long way to emerge as one of the most exciting investment options for investors, and the introduction of Bitcoin futures was one of the bigger developments in this regard. In a new development, the highly influential International Exchange (IE) has stated that it is now going to introduce options in Bitcoin. Key Details The service is going to be launched on Bakkt, one of its subsidiaries, and among the most popular destinations for high-level trades in the crypto space.…

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Blockchain 

Bakkt Futures Trade Volume Soars 800% After Slow Start

The Bakkt Futures trading volume for Bitcoin (BTC) has gained almost 800% in just one day after a slow start to life for the long-awaited futures contract trading platform headed by the Intercontinental Exchange (ICE). Bakkt Volume Reaches All-Time High A bot account on Twitter, which tracks the number of contracts traded on Bakkt, reported this morning that 224 BTC futures were traded on August 9, an eye-watering increase of 796% from the previous day. October 8’s volume of 25 BTC was coincidentally the lowest figure recorded since the platform…

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Blockchain 

Bakkt’s Bitcoin Futures Goes Live

Over the past few years, the Bitcoin futures ecosystem has grown at a remarkable pace, and it is something that is surely going to stay for years to come. Initially, these futures contracts had been launched by a handful of exchanges, but over the past year or so, the number has increased considerably. Futures Trade In a development that will come as another massive boost to the Bitcoin and cryptocurrency ecosystem, the New York Stock Exchange’s owners, ICE, through its crypto exchange Bakkt has decided to launch futures contracts that will…

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Blockchain 

Bitcoin.com to Launch a Bitcoin Cash Supported Futures Contract

Cryptocurrency investor Roger Ver’s Bitcoin.com is in talks with Bitcoin Cash (BCH) to launch a futures contract. David Shin, the company’s head of the exchange division, dropped the revelations regarding the prospect. The company is also working on different plans to enhance its interest in Bitcoin Cash together with the futures contract. Futures Contract to Make the Cryptocurrency Third Largest The introduction of the futures contract will have the goal of increasing the company’s market capitalization of cryptocurrency. This will make it the second-biggest crypto behind Bitcoin. Shin confirmed that…

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Blockchain 

Bakkt is all Set to Introduce Bitcoin Futures in September

Bakkt is all set to launch its much-awaited platform for Bitcoin futures. When cryptocurrency first grabbed the attention of the global public, it was still looked upon as a novelty and something far too chaotic to be regulated by the relevant authorities. However, much has changed over the past couple of years as a range of fresh products have been launched, and perhaps the most important one is Bitcoin futures. Everything is on Schedule Earlier on this year, cryptocurrency firm Bakkt announced that it was all set to launch a…

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Blockchain 

Bitcoin Soars As Bakkt is All Set to Launch Bitcoin Futures in September

Since the infamous day of 2017, when Bitcoin went on its incredible run, there has been talk of the introduction of a financial exchange backed by the world’s biggest cryptocurrency. One of the instruments that have been spoken about by crypto experts for many years are crypto futures from Bakkt, but delay after delay stopped this from happening—until now. Positive News For Bitcoin Over the past few years, nothing came to fruition despite several rounds of talks among regulators in the United States, and so, the product was not introduced.…

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Blockchain 

LedgerX Launches Physically-Settled Bitcoin Futures Contracts

According to CoinDesk, LedgerX has launched the first physically-settled Bitcoin futures contracts in the US. The news comes at a time when Intercontinental Exchange’s Bakkt and TD Ameritrade’s ErisX have struggled to launch amid regulation issues. LedgerX Launches Bitcoin Futures Contracts LedgerX is now the first Bitcoin futures provider in the US that offers physical futures. This means that the customer receives Bitcoin when the contract expires as opposed to fiat dollar as per the more traditional futures contracts out there. The Chicago-based exchanges CME and Cboe have offered “cash-settled futures…

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