‘Moonshot’ Bakkt Inches Closer to Launch with July Bitcoin Futures Testing

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By CCN.com: One of the major catalysts expected for the bitcoin price in 2019 is closer to becoming a reality. Bakkt, a bitcoin futures exchange owned by NYSE parent company ICE, will begin testing bitcoin futures trading next month. The regulated exchange made the announcement via a Medium blog post, and you could almost feel … Read more

NYSE Owner: Bakkt is Our ‘Moonshot’ Bitcoin Bet

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Bitcoin trading platform Bakkt is a “moonshot bet” for Intercontinental Exchange, the parent company of the New York Stock Exchange. That’s the assessment of NYSE chairman Jeffrey Sprecher, who’s also the CEO of ICE. While its launch has been delayed several times, Sprecher is optimistic that Bakkt will be worth the investment that ICE is … Read more

Breaking: Bakkt Raises $182 Million, What it Means for the State of Bitcoin Industry

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Bakkt, a cryptocurrency exchange and liquidity provider created by the New York Stock Exchange’s parent company ICE has raised $182.5 million from a group of high profile investors and venture capital firms. On December 31, on New Year’s Eve, Bakkt CEO Kelly Loeffler announced that Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch … Read more

NYSE Owner Delays Bakkt Bitcoin Futures Launch to 2019

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It looks like the crypto markets may not get a December boost from Wall Street after all. Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), on Tuesday announced that it would delay the launch of its much-anticipated bitcoin futures product until at least Jan. 24, 2019. That product, the Bakkt Bitcoin … Read more

UK Banking Giant Barclays’ Cryptocurrency Project ‘Put on Ice’: Report

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Major investment bank Barclays has reportedly put its cryptocurrency trading project “on ice” amid a prolonged bear market that has dampened interest in the asset class among many investors. According to a Financial News report, the London-based financial institution shelved the project in September, leading to the departure of Chris Tyrer, the bank’s former head … Read more

‘Rehypothecation’: More about the Wall Street Practice that Could Ruin Bitcoin

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Note: This is part 4 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” The Problem with Clearing … Read more

‘Rehypothecation’: Inside the Wall Street Practice that Could Ruin Bitcoin

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Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand … Read more