Bitcoin futures exchange Bakkt has announced it is moving forward with its plans to launch physically-settled Bitcoin futures contracts. In an announcement on Monday, May 13, the Intercontinental Exchange (ICE)-backed company broke down the product, saying that it would be testing the products this summer.
LedgerX, a crypto derivatives provider, is planning to become the first U.S. company to offer physically settled Bitcoin futures contracts. Should they succeed in getting this license, then the firm will beat Bakkt to the first place, another company that has been trying to offer the same product for a while now.
United States regulator the Commodity Futures Trading Commission (CFTC) is actively working to approve multiple crypto-related applications, including for Bitcoin (BTC) futures from institutional trading platform Bakkt. As reported by Cointelegraph, a CFTC commissioner revealed the news in remarks to cryptocurrency news network Blocktv in an interview on March 19.
A majority of Bitcoin trading volume is artificially created by unregulated exchanges, according to a Bitwise Asset Management report.
San Francisco-based cryptocurrency exchange Kraken announced today that it had acquired leading crypto derivatives provider Crypto Facilities. The parties declined to reveal the exact figure involved in the deal, saying that it was a “nine-figure deal” and “Kraken’s largest acquisition to date and one of the largest the industry has seen.” Kraken acquires Crypto Facilities, […]
Bakkt, the cryptocurrency platform by Intercontinental Exchange (ICE), has announced on the New Year’s Eve that is has completed its first round of funding, raising $182.5 million from 12 partners and investors.
The U.S. Commodity Futures Trading Commission (CFTC) has put out a Request for Information (RFI) asking for public comment and feedback to help it better understand Ether and the Ethereum blockchain, and the markets that have built up around it.
Chicago-based crypto trading platform ErisX has closed a Series B funding round that raised $27.5 million, the company anounced on Tuesday, December 4.
The world’s second largest stock exchange Nasdaq has announced partnership with U.S. investment firm VanEck aiming at bringing a host of new regulated cryptocurrency financial products to market, including Bitcoin futures.
On November 20, ICE, the parent company of the New York Stock Exchange, announced the delay of the Bakkt Bitcoin futures market launch from December 12 to January 24, 2019.
The Intercontinental Exchange (ICE) has confirmed that its upcoming cryptocurrency trading platform Bakkt will officially launch on December 12, pending regulatory approval.
A new research examining the relationship between Bitcoin prices, Google searches for the cryptocurrency and the introduction of futures markets has been released by Joost van der Burgt, a fintech policy advisor for De Nederlandsche Bank (the central bank of the Netherlands).