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Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
The next benchmark in cryptocurrency adoption will likely take place through the acceptance of compliant securities exchanges that offers crypto trading and investment alongside traditional securities. November marks a major month towards this regard as leading initiatives have set November deadlines for their primary products. Many prominent analysts and speculators suggest that the development of … Read more
At press time, bitcoin’s price is unchanged from yesterday, and the father of crypto is still trading for just under $6,600. Head analyst at Fundstradt Tom Lee is back in the news again. Lee has often touted bitcoin’s power throughout 2018, claiming the currency could spike all the way to $20,000 by the year’s end. … Read more
In today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of … Read more
Blockchain technology could be a godsend for the commodities trading industry. Transparency between market participants, real-time tracking of goods, and the possibility of proactive regulation are among the benefits that make the blockchain a perfect fit for the industry. However, according to a report compiled by the Boston Consulting Group, it’s not so straightforward. In … Read more
Pantera Capital has raised $71.4 million for its third crypto venture fund, a filing with the US Securities and Exchange Commission has revealed. The filing, which was submitted on August 15, indicated that Pantera received money from 90 investors for the new fund. This is its third crypto-focused fund and by far its biggest, with … Read more
Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian Armstrong. As the head of … Read more
A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA … Read more
Intercontinental Exchange, the parent company of the New York Stock Exchange, has announced that it intends to create a global platform for the purchase, sale and spending of digital assets. ICE will undertake this venture through Bakkt, a new company which it will form to oversee the creation of the platform. Bakkt will partner with … Read more
“Customers will not be able to pay for Frappuccinos with bitcoin,” Starbucks clarifies, after media misleadingly report on the company’s new crypto-related venture Go to Source Powered by WPeMatico
