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
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Regulated Bitcoin futures platform Bakkt is reportedly eyeing going public through a rumored merger. Go to Source Powered by WPeMatico
Former Bakkt CEO Kelly Loeffler sent documentation concerning her stock trades to the Justice Department amid insider trading accusations. Go to Source Powered by WPeMatico
US Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed. Go to Source Powered by WPeMatico
After a private senate hearing on COVID-19, Loeffler reportedly dumped millions worth of stock while also purchasing shares in a distributed work solutions company Go to Source Powered by WPeMatico
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: … Read more
In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now the company has published specifications for the options products. Also Read: French Ministry … Read more
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled bitcoin futures product. Also read: Honestnode Founder … Read more
At press time, the father of crypto is down to about $6,900. This is roughly $300 less than where it’s been over the past few days. Recently, bitcoin had struck the $7,200 mark, giving everyone the impression that bullish indicators were forming on the technical charts and bitcoin was once again on its way to … Read more
Intercontinental Exchange (ICE), owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt. The idea is to weave bitcoin into 401(k)s, credit cards, and retail. The project is getting a lot of hype due in large measure to two very powerful backers: … Read more