New York grants Bakkt coveted BitLicense
Bakkt will also have a money transmitter license in the state of New York. Go to Source Powered by WPeMatico
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Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of … Read more
Crypto is going public: Timing is key as Bakkt secures NYSE listing
As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future. Go to Source Powered by WPeMatico
Bakkt has no plans to support XRP, says CEO
Bakkt’s CEO did not mention whether the company decided to stay away from XRP due to Ripple’s ongoing legal issues. Go to Source Powered by WPeMatico
Bakkt crypto exchange to debut on stock markets through SPAC
ICE’s Bakkt institutional exchange will launch on stock markets at a possible $2.1 billion valuation. Go to Source Powered by WPeMatico
Bakkt may go public through rumored $2B merger
Regulated Bitcoin futures platform Bakkt is reportedly eyeing going public through a rumored merger. Go to Source Powered by WPeMatico
Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race
Kelly Loeffler has lost the Georgia runoff election to Democratic challenger Raphael Warnock. Go to Source Powered by WPeMatico
Crypto derivatives gained steam in 2020, but 2021 may see true growth
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day. Go to Source Powered by WPeMatico
Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched … Read more
Predicting the next Bitcoin price top: Here’s what may come after $23K
The price of Bitcoin has surpassed $23,000, and analysts predict where BTC is headed next after a significant rally. Go to Source Powered by WPeMatico
