The launch of one of the most anticipated bitcoin custodian solutions went unnoticed in the spot market. The bitcoin price on Monday continued to trend inside a negative territory as Bakkt, a digital asset platform backed by Intercontinental Exchange, opened its bank-grade bitcoin storage solution, Bakkt Warehouse. The BTC/USD rate dipped by more than 1.5…
The much-anticipated, fully-regulated Bitcoin exchange and custody offering from Bakkt looks on track to make good on its previously-announced launch date later this month. The company has just announced that its Warehouse custody solution is now open for customer deposits and withdrawals. The Bakkt platform seeks to make investing in Bitcoin more friendly to institutional…
Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods. Bitcoin trending higher gradually | Image Credits: TradingView.com The benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8…
Bitcoin price has been trapped in a symmetrical triangle for weeks now, bouncing back and forth between the top and bottom resistance and supports, making increasingly lower peaks and higher troughs, but breaking news surrounding Bakkt may have just ended any bearish pressure for the time being. Just as Bitcoin was flirting with a potential…
The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019. Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too. Wait,…
After a long wait, the highly anticipated Bakkt physically settled Bitcoin (BTC) futures product is almost a reality, as the company announced today that they are cleared to launch their platform and product in the coming weeks. This news has since spread like wildfire across the crypto industry and even led Bitcoin to spike nearly…
Although the crypto industry has been closely watching to see when the highly anticipated physically settled Bitcoin (BTC) futures platform Bakkt officially launches, they have now been beaten by their competitor – LedgerX – who officially launched today. The platform is open to all US-based investors with a government issued ID and is not limited…
The bitcoin price on Tuesday slipped below the psychological support level of $10,000. But according to market analyst Jacob Canfield, the asset is still inside a strong bullish bias. The TradingView author said bitcoin’s reversal from the $11,000 level on Saturday was a sign of a bull trap. Technically, a Bull Trap is a false…
In the coming week, Bakkt is expected to test-launch its Bitcoin (BTC) futures product. While many have begun to doubt its viability as a medium for institutional adoption, especially due to the countless delays it faced, this may not be the case. Related Reading: BitMEX May Be the First Target of the U.S.; Which Crypto…
The much anticipated Bakkt platform looks like it is finally ready to launch this July. Those behind the project and many in the wider crypto asset space are hoping that the institutional-grade offering will encourage investors with the deepest pockets to enter the Bitcoin market. Bakkt plans to appeal to the wealthiest class of investor…