Tag Archives: Bakkt

The five most important dates for Bitcoin until 2020

The five most important dates for Bitcoin until 2020

The crypto industry is gearing up for an event-packed few months. From the resolution of the New York Attorney General’s injunction against Bitfinex and Tether to the final decisions of the long-awaited cryptocurrency ETFs, here’s a list of some of the most relevant dates in the crypto industry to keep an eye on. Aug. 22: New York Attorney General’s […]

A Fidelity-backed firm that’s been quietly moving crypto around for large trading firms has secured $16 million in Series A

A Fidelity-backed firm that’s been quietly moving crypto around for large trading firms has secured $16 million in Series A

While many cryptocurrency custodians and exchanges busy themselves with building secure wallets to store digital assets, fewer companies recognize the need for safe transitions of crypto assets between those wallets. Fireblocks, which already counts over-the-counter trading firms Galaxy Digital and Genesis Global Trading as customers, aims to fill that gap. Previously operating under stealth mode, […]

Bakkt Clearing the Way For Institutional Investors Pouring into Bitcoin This Summer

Bakkt Clearing the Way For Institutional Investors Pouring into Bitcoin This Summer

The much anticipated Bakkt platform looks like it is finally ready to launch this July. Those behind the project and many in the wider crypto asset space are hoping that the institutional-grade offering will encourage investors with the deepest pockets to enter the Bitcoin market. Bakkt plans to appeal to the wealthiest class of investor by providing many […]

Bakkt Sets July Test Date for Bitcoin Futures

Bakkt Sets July Test Date for Bitcoin Futures

Bitcoin futures exchange Bakkt announced it was moving forward with its plan to launch physically-settled bitcoin futures products Monday. In a blog post, Bakkt CEO Kelly Loeffler wrote that Bakkt had “worked closely” with the U.S. Commodity Futures Trading Commission (CFTC), the regulatory agency in charge of overseeing derivatives products in the country, and would be […]

Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

By CCN: Fidelity Digital Assets, a subsidiary of the world’s fourth-largest asset manager with $2.46 trillion in assets under management, said in a research paper that institutional investments in bitcoin and other crypto assets are likely to increase over the next five years. The research read: “Nearly half of respondents (47%) appreciate that digital assets are […]

NYSE Owner Buys Crypto Custodian in Latest Push to Offer Bitcoin

NYSE Owner Buys Crypto Custodian in Latest Push to Offer Bitcoin

Intercontinental Exchange (ICE), which owns the New York Stock Exchange, made a splash last August with big plans to get into the Bitcoin business. Those ambitions, however, have been stymied by regulatory delays, leading ICE on Monday to announce a series of measures to jumpstart its efforts. Most notably, ICE has acquired a crypto custodian service called Digital Asset […]

Institutional Love For Crypto Confirms Bitcoin Isn’t a Bubble

Institutional Love For Crypto Confirms Bitcoin Isn’t a Bubble

Bitcoin (BTC) is the 21st century’s version of tulip mania. That’s the argument that cryptocurrency cynics have lobbed at BTC since its earliest years in circulation. But, more and more evidence is showing that crypto assets, especially Bitcoin, are much more than a flash in the pan, and will instead be a revolutionary technology that will change […]

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for five months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently sees a license […]

Bitcoin Whales Pushing BTC Price Higher, ‘Dry Powder’ Ready for Crypto Boom: Analyst Tom Lee

Bitcoin Whales Pushing BTC Price Higher, ‘Dry Powder’ Ready for Crypto Boom: Analyst Tom Lee

Fundstrat co-founder and head of research Tom Lee says some of the oldest and largest Bitcoin whales in existence are steadily accumulating and pushing the price of BTC higher. On CNBC’s Squawk Box, Lee said a number of whales who sold when Bitcoin approached all-time highs in the last bear market are now getting back […]

Crypto Tidbits: Square Looks To Bolster Bitcoin, Binance Goes Down Under, SBI Delves Into Mining

Crypto Tidbits: Square Looks To Bolster Bitcoin, Binance Goes Down Under, SBI Delves Into Mining

Another week, another Crypto Tidbits. The past seven days were, by many measures, an interesting period for the cryptocurrency space. Mainstream adoption moved ever closer, more money poured into this space, and infrastructure was built out. But, one report claimed that 95% of all Bitcoin trading activity could be entirely false, setting a harrowing precedent […]