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Intercontinental Exchange’s upcoming cryptocurrency trading platform, Bakkt, has raised $182.5 million from a dozen investors. The funds will help develop an institutional-grade regulated crypto exchange, clearing and warehousing services for physical delivery and storage. The company now expects to provide an updated timeline on launching bitcoin daily futures contracts in early 2019. Also Read: Israeli … Read more
At press time, bitcoin is still standing at the $7,600 mark. For the last two days, bitcoin hasn’t moved, and has been trapped in the red over news of a Coinrail hack and subpoenas issued by the Commodity Futures Trading Commission (CFTC) regarding bitcoin futures trading data. But is all this negativity short-lived? While it’s … Read more
Bitcoin has jumped back to the $9,300 mark. The currency had recently been tested at $9,800, and was unable to surpass $10,000 mark over the weekend as so many analysts and users were hoping. It fell to $9,500 the following day, $9,300 after that, and ultimately settled at $9,100 during yesterday’s early morning hours. Overall, … Read more
Today’s edition of Bitcoin in Brief showcases the continued rapid pace at which the cryptocurrency revolution is disrupting all segments of the business world, from the adult entertainment industry, to stock exchanges and even social networks. Also Read: Details Emerge on Foxconn-Manufactured Ultra-Secure Crypto Phone Stripper Promotes Bitcoin for the Adult Industry Brenna Sparks, the … Read more
A potentially giant step toward approval for listing bitcoin futures as exchange traded funds (ETFs) was taken this week when the New York Stock Exchange (NYSE) Arca, owned by Intercontinental Exchange (ICE), filed a petition for a rule change regarding two potential ETFs. The document presumes much of the groundwork to be already completed, and … Read more
