Tag Archives: Bakkt

Bitcoin Turns 10: A Brief History of Its First Decade

Bitcoin Turns 10: A Brief History of Its First Decade

Bitcoin, the flagship cryptocurrency, has turned ten years old today as back in 2008 Satoshi Nakamoto, its pseudonymous creator, submitted the “Bitcoin: A Peer-to-Peer Electronic Cash System” to a cryptographic mailing list. The cryptocurrency is seen as the most important innovation to money by its proponents, as it allows for peer-to-peer payments to be processed […]

A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

A prime architect of America’s largest trading platform for digital currencies is changing teams. Adam White, who helped build Coinbase into a crypto-colossus with 25 million customers, is joining Bakkt, the venture launched in August by a consortium led by Intercontinental Exchange (market cap: $42 billion), parent of the New York Stock Exchange, as chief […]

Ex-Coinbase Executive Adam White Joins ICE’s Crypto Platform Bakkt, Sources Say

Ex-Coinbase Executive Adam White Joins ICE’s Crypto Platform Bakkt, Sources Say

Former head of institutional platform group at Coinbase crypto exchange Adam White is reportedly joining Intercontinental Exchange’s (ICE) platform Bakkt. ICE’s new hire was revealed by anonymous sources familiar with the matter cited by news outlet The Block on Oct. 12. White left Coinbase in early October, declining to comment on his decision. However, a spokesperson of Coinbase then said that […]

Financial Heavyweights TD Ameritrade and Cboe Backing ErisX, a New Regulated Crypto Exchange Competing With Bakkt

Financial Heavyweights TD Ameritrade and Cboe Backing ErisX, a New Regulated Crypto Exchange Competing With Bakkt

On Wednesday (3 October 2018), Eris Exchange, a Chicago-based derivatives exchange founded in 2010 and specializing in swap futures, announced ErisX, a planned new regulated crypto exchange offering both spot and futures markets on the same platform that will be competing with Intercontinental Exchange‘s Bakkt platform (which is launching in November) for the attention of institutional investors. ErisX is “backed by both new and […]

INTERCONTINENTAL EXCHANGE LAUNCHES BAKKT ECOSYSTEM

INTERCONTINENTAL EXCHANGE LAUNCHES BAKKT ECOSYSTEM

Digital Asset market is worth $270 billion now. Eyeing this massive opportunity, Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), has launched the Bakkt ecosystem which will provide a marketplace for digital assets like cryptocurrencies. This ecosystem will be federally regulated to ensure full legal compliance. The Intercontinental Exchange has joined […]

Starbucks, Microsoft Back Bitcoin ETF And Stakes Are Huge

Starbucks, Microsoft Back Bitcoin ETF And Stakes Are Huge

Investors may want to mark their calendars on Sept. 30 and Nov. 5 for potential spike in Bitcoin’s value because wider acceptance of BTC could be on the line. On Sept. 30, the Securities and Exchange Commission (SEC) will rule on whether to approve the VanEck SolidX Bitcoin Trust Exchange Traded Fund (ETF). (Here’s their application.) […]

Does Bank of America’s Crypto Custody Show Irrelevance of Bitcoin ETFs?

Does Bank of America’s Crypto Custody Show Irrelevance of Bitcoin ETFs?

This week, $312 billion Bank of America (BoA) filed a patent to offer crypto custody, targeting large-scale institutional investors and retail traders. Some experts have said that the efforts of major financial institutions to create institutional products around cryptocurrencies will bolster the adoption of crypto in US markets, which will naturally lead to other publicly tradable instruments […]

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Goldman Sachs plans to “offer [clients] custody for crypto funds,” insider sources told Bloomberg August 6, as the investment bank says it remains “undecided” on its cryptocurrency plans. As the publication reports, Goldman, which in May first hinted it would trade Bitcoin futures, now aims to offer various products linked to digital assets “in response to client interest.” “In response to […]

Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink

Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink

Crypto markets have taken a vertiginous plunge today, August 4, with Bitcoin (BTC) losing almost $500 in the six hours before press time to dip below $7,000, and all of the top ten cryptocurrencies by market cap in the red, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,028 to press time, having lost almost […]