Bakkt CEO Explains the Intricacies of the Exchange

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Bittpress recently reported that ICE partnered with coffee chain Starbucks and software giant Microsoft to develop Bakkt. Basically, Bakkt is a crypto futures trading platform. We also reported that ICE postponed the Bakkt launch to January on participants’ requests. During the Consensus Invest Conference, Bakkt CEO Kelly Loeffler put Bakkt into perspective. The Bakkt Partnership with Starbucks … Continue reading “Bakkt CEO Explains the Intricacies of the Exchange”

NASDAQ and VanEck Team Up to Launch New Futures Contracts

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The leading traditional stock exchange market, NASDAQ, closed a deal with the investment management firm, VanEck. Basically, the deal will have the two partners forge a way of rolling out new crypto financial products including futures contracts. Gabor Gurbacs, the director of digital asset strategy at VanEck, announced the strategic partnership at CoinDesk’s Consensus: Invest … Continue reading “NASDAQ and VanEck Team Up to Launch New Futures Contracts”

NASDAQ Set to Launch Bitcoin Futures Despite Bear Market

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In the traditional stock exchange market, NASDAQ needs no introduction. Launched in 1971, National Association of Securities Dealers Automated Quotations (NASDAQ) is the world’s second-largest stock exchange by MCAP. Obviously, it is a dealer market that has been active in the industry for nearly half a century, attracting the biggest names in the world. For … Continue reading “NASDAQ Set to Launch Bitcoin Futures Despite Bear Market”

What is Bakkt’s “Phase 2” All About?

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Early last week, Bittpress reported that the Intercontinental Exchange (ICE)’s institutional platform, Bakkt, will launch in 2019. Despite the plan to extend its launch date, ICE is not reneging on the contract it has with other parties. Recently, ICE partnered with Software giant Microsoft and coffee chain Starbucks. According to the Daily Hodl, ICE will … Continue reading “What is Bakkt’s “Phase 2” All About?”

Should ICE Add XRP and TRON on Bakkt?

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Even though the Intercontinental Exchange (ICE)’s futures trading platform has yet to launch, it is increasingly taking over the headlines. Indeed, this didn’t appear as a surprise to cryptocurrency enthusiasts as the platform will herald the betting of institutional investors on the cryptocurrency space. Similarly, ICE is developing Bakkt to meet key investors’ needs, which … Continue reading “Should ICE Add XRP and TRON on Bakkt?”

Twitter Explodes on News of Bakkt Launch Delay

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It is no longer news that the Intercontinental Exchange (ICE) will delay the launch of its crypto futures trading platform, Bakkt. Indeed, this news broke just a month before the much-anticipated launch in December. However, the firm has announced a new launch date of January 14th, 2019. However, this didn’t go down well with many … Continue reading “Twitter Explodes on News of Bakkt Launch Delay”

ICE’s Bakkt Delays Bitcoin (BTC) Futures Launch Date

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Contrary to expectation, Intercontinental Exchange (ICE) will no longer launch its Bitcoin (BTC) futures trading platform, Bakkt, next month. On its blog, ICE said that Bakkt, which it unveiled in August 2018, will now launch on January 24th, 2019. Explaining further, the press release disclosed that trading and warehouse operations will definitely start on the … Continue reading “ICE’s Bakkt Delays Bitcoin (BTC) Futures Launch Date”

KPMG Insists Cryptocurrency Industry Needs Institutional Investors

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On November 15th, KPMG, a Netherlands-based auditing firm, released a report that details its assessment of cryptocurrency. The fascinating thing about the report was that it is bullish on the future of digital currency. However, the most striking part of the report is its conclusion.  It posited that institutional investors must inject their funds into … Continue reading “KPMG Insists Cryptocurrency Industry Needs Institutional Investors”

Cryptocurrency Investors Hopeful as Bakkt Launch Nears

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The launch of crypto’s first physically-backed futures exchange Bakkt, approaches. As a bearish year comes to a close, many investors are hopeful that this big news will turn things around.  The platform already attracted various big names, and it is aiming to open the doors for commerce. Bakkt is the project of the Intercontinental Exchange … Continue reading “Cryptocurrency Investors Hopeful as Bakkt Launch Nears”

Catalysts: What Bearish Cryptocurrency Traders Seem to Forget

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Cryptocurrency traders have obviously underrated the power of bullish news. However, experts expect this to light a fire that will fuel cryptocurrency prices. Fidelity Investments Launch an Institutional Platform for Bitcoin and Ethereum Traders Looking at some of the most recent bullish news, we first see Fidelity Investment’s plans to launch an institutional platform for … Continue reading “Catalysts: What Bearish Cryptocurrency Traders Seem to Forget”