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Bakkt Bitcoin Futures Contracts Went Live on September 23, 2019


The long-awaited Bitcoin warehouse and futures contract facilitator, Bakkt platform witnessed its celebratory launch on Monday, i.e., September 23, 2019. After facing two delays and 13 months of scrutiny, the Intercontinental Exchange-backed, Bakkt opened doors for institutional investors to trade...

Crypto Market Sentiment Drops Further; BTC and XMR This Week’s Losers


We find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization at 5.01/10 this week, compared to 5.22 last Monday, thus dropping for the second week in a row, according to Omenics, a crypto market sentiment analysis service. For the third week in...

Bitcoin is Blooming as Deliverable Futures Begin Trading


Bitcoin, the number one digital currency, is blooming and can experience an extended interest in future even from the conventional investors. That’s because Intercontinental Exchange Inc. is launching futures contracts on Monday which could lead to the delivery of crypto. It can be the beginning...

Devs Remove BIP70 Payment Protocol From Bitcoin Core’s Default Settings


Cryptocurrency advocates have recently discovered that Bitcoin Core (BTC) developers are planning to disable the payment protocol BIP70 supported by default in the Bitcoin Core version 0.19.0 client. According to developer discussions, full BIP70 support might be removed by version 0.20.0. Also...

Google Attains “Quantum Supremacy”; Bitcoin Under Threat?


In the previous week, tech giant Google made a quiet announcement about achieving Quantum supremacy. The announcement started a row of speculations regarding the company’s new achievement having adverse effects on digital currencies, such as Bitcoin, as well as the blockchain technology. So, does...

New York Stock Exchange Parent Firm Starts Futures Trading in Bitcoin


New York Stock Exchange owner Intercontinental Exchange Inc. (ICE) is launching futures trading in Bitcoin on its cryptocurrency arm Bakkt Trust Co, from today. Earlier in August, ICE had secured US government approval for futures trading in Bitcoin for Bakkt. Bakkt will give investors the option...

CME Group Declares Launch Options on Bitcoin Futures Contracts


Recently, The Chicago Mercantile Exchange (CME) Group, the world’s outstanding and most assorted derivatives market place, reported that it would initiate options on its Bitcoin futures contracts in the first quarter of 2020, pending regulatory audit. This development was declared in a recent...

Bitcoin’s Downtrend Continues; Falls Below $10,000 Overnight


Bitcoin goes below 10,000 USD in the last 24 hours. The next support for BTC may come at 9870 USD. Bitcoin (BTC) has been hit by the current slowdown of the whole crypto market and it halted all attempts of recovery from the last week’s fall. In the last 24 hours, the value has gone...

Bakkt Regulated Bitcoin Futures Now Live on Major Exchange


Trading is now live for Bakkt’s regulated, physically-delivered daily and monthly bitcoin futures, with the first trade executed at 8:02 pm ET on Sunday. Customers’ bitcoins are stored in the Bakkt Warehouse, a qualified custodian, regulated by the New York State Department of Financial...

Proof-of-Diversity: A Novel Solution for Limitless Blockchain Scalability


Bitcoin has persisted for over a decade. Throughout that time frame, more and more individuals have found themselves more cognizant of and interested in BTC and crypto as a whole. However, the massive growth in price and participation has not been reflected by improvements to the network. Once upon...

Bankera Launches a Global Crypto Backed Lending Solution


The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – ​ Bankera Loans​. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...

Bitcoin Fails to Keep the Recovery Alive, Falls 0.78% Overnight


Bitcoin fails to maintain its recovery process and got down by 0.78% overnight. The next resistance may come at 10,420 USD. Bitcoin seems to have failed in the process of maintaining the recovery, and it has been down by 0.78% in the last 24 hours. The current value has reached 10,130 USD at...

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC


Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to...

How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects


Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels...

Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services


The sister branch of one of the banking giants in the Middle East, Arab Bank Switzerland has entered into a partnership with the Swiss-based blockchain technology firm, Taurus, to offer its affluent clients, a platter of services on crypto assets. These services would include custody, brokerage...

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