Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday.
Open Positions in Bakkt’s Bitcoin Futures Jump to Record Highs
While bitcoin hit fresh three-month highs on Wednesday, open interest in monthly bitcoin futures on the Intercontinental Exchange’s (ICE) Bakkt platform jumped to record highs.
ICE CEO: New Acquisition Opens Trillion-Dollar Market for Bakkt
Bakkt’s pending acquisition of Bridge2 Solutions, a loyalty program marketplace, will “expand Bakkt’s presence across an asset class that today spans over $1 trillion in value,” says its parent firm ICE’s CEO Jeffrey Sprecher.
ICE Snaps Up Loyalty Program Provider Bridge2 to Boost Bakkt’s Consumer Play
Intercontinental Exchange, Bakkt’s parent firm, has acquired loyalty services provider Bridge2 Solutions to boost Bakkt’s efforts to build a consumer-focused crypto payments app.
Options Growth Will Ignite Innovation in the Bitcoin Market – But Not in the Way You Think
Richard Rosenblum, co-founder of GSR, points out the lackluster growth in listed options hides the real action taking place in OTC hedges.
Crypto News Roundup for Jan. 30, 2020
Markets Daily is back with news of the day and clips of Democratic Presidential hopeful Andrew Yang’s recent crypto comments.
While CME Shines, Literally No One Is Trading Bakkt’s Bitcoin Options
Trading volumes in bitcoin options listed on the Intercontinental Exchange’s Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.
Travis Kling on Bitcoin as a Safe Haven Asset
Ikigai’s Travis Kling looks at BTC’s correlation to gold and crude in response to Iran missile strikes, plus SEC priorities and Congressional intrigue.
Former Bakkt CEO to Help Oversee CFTC in Congress
Newly appointed senator Kelly Loeffler will be part of the committee responsible for authorizing the CFTC and approving high-level appointments.
Bitcoin Futures Provider Bakkt Names Mike Blandina as New Head
Bitcoin warehouse and Intercontinental Exchange subsidiary Bakkt officially has a new head.
ErisX Takes on Bakkt With Launch of Physically-Settled US Bitcoin Futures
ErisX plans to work with futures commission merchants and brokerages starting next year, allowing investors hoping to trade its physically-settled bitcoin futures an alternative to Bakkt
Bakkt Goes Live With Options, Cash-Settled Futures Products
Bakkt’s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts.
Georgia Governor Appoints Bakkt CEO Loeffler as New US Senator
It is unclear who will helm Bakkt after CEO Kelly Loeffler joins the U.S. Senate on Jan. 1.
Bakkt CEO Will Be Asked to Fill Georgia Senate Seat in 2020: Report
Crypto exchange Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U.S. Senate until the special election in November 2020. Loeffler will likely be asked next week to serve as the replacement of U.S. Senator Johnny Isakson, who has announced plans to vacate his senate seat on […]
Bakkt’s Bitcoin Futures Launch in Singapore in Just Two Weeks
Bakkt, the bitcoin subsidiary of NYSE owner ICE, has announced the launch date and specs for its Singapore-listed, cash-delivered bitcoin futures.
Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.
Bakkt Seeks Approval to Offer Cash-Settled Bitcoin Futures in Singapore
Bakkt aims to offer cash-settled bitcoin futures before 2020 to complement its physically settled contracts.
Bakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients
The ICE subsidiary plans to open up its bitcoin “warehouse” following approval from New York’s financial watchdog.
Bitcoin Needs ‘Real Use Cases’ to Become Digital Gold, Says ICE Chief
Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, said the Intercontinental Exchange’s chief executive.
Bakkt to Launch Crypto ‘Consumer App’ in First Half of 2020
Bakkt says it’s launching a consumer app next year that will let customers pay crypto at Starbucks.