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After Breaking New Records Bakkt Announces Crypto Consumer App


Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...

Twitter CEO Dismisses Facebook’s Libra Project as a ‘Gimmick’


Jack Dorsey. Jack Dorsey, the CEO of Twitter, has launched a scathing attack on rival social media platform Facebook’s Libra plans. Dorsey was speaking at a Twitter event held in New York, and was asked about the possibility of Twitter joining the Libra Association – with Facebook representatives...

Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes


On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...

Facebook Soared on CEO Testimony, While Bitcoin Nears Death Cross


Facebook’s CEO Mark Zuckerberg testified in the U.S. Congress yesterday, and the Wall Street seems to have liked what he had to say. On the other hand, the cryptocurrency market crashed right before the hearing, and bitcoin (BTC) price is on its way to a death cross. While the regulators’ response...

These Are the Main Things Facebook CEO Mark Zuckerberg Told Congress


Mark Zuckerberg during the hearing on October 23. Source: a video screenshot, Youtube Mark Zuckerberg, founder and CEO of social media giant Facebook, swore that the Libra Association is an independent organization and that Facebook would leave this project if it decided to launch the Libra token...

This Is How Facebook CEO Contradicts Himself in Libra Testimony


Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television Facebook's statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark...

JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”


Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...

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