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Bakkt to Launch Options Contracts in Bitcoin Futures in December


Bakkt, which takes pride in being Intercontinental Exchange’s bitcoin derivatives provider, has unveiled the launch date of its highly anticipated options contract for its bitcoin futures. The platform has decided to present the first options contract for bitcoin futures as the latest product...

Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds


In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

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...

Bitcoin (BTC) Takes a Steep Fall and Hovers Around $7,400


Bitcoin (BTC) marks a tremendous fall with its intraday movement. The day ahead is not indicating any improvement. However, there are anticipations that the market would soon start to recover as usual. Currently, BTC has major resistance at $8,000. If the coin manages to trade beyond the said major...

Lightning Network User Confused By Protocol: Lost 30,000 USD


The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

Bitcoin Price Struggles at $8,010 Amidst the Bearish Trend


Bitcoin price marks loss with the intraday movement The price seems to be paralyzed around $8,010 Bitcoin (BTC) is seen badly affected by recent volatility. The fluctuation has already created chaos and looks like BTC price is slipping down. The price of the coin was $8,299 on October 01, 2019....

Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial


The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...

Bitcoin.Com Acquires Japanese Blockchain Development Startup, O3 Labs


Bitcoin.com, the comprehensive crypto portal backed by Roger Ver, has announced the acquisition of Japanese blockchain development startup, O3 Labs. The acquisition will lead to the absorption of O3 into Bitcoin.com, resulting in the formation of a unified team focussed on creating robust tools...

Bitcoin Price Locks Itself Around $8,200


Bitcoin (BTC) price registers moderate profit The coin freezes around $8,200 during the intraday price movement The market is currently fluctuating and is creating chaos amongst the coins. Bitcoin is seen as affected by the same. If we look at the beginning of the year’s statistics, the price noted...

Smartphone Developers Embrace Crypto as Opera Integrates BTC and TRX


The love-in between smartphone developers and cryptocurrency users is smoldering. What started out as a flirtation by HTC and Samsung has blossomed into a full-blown affair, incorporating hardware and software support from a string of companies. Today, Opera ramped up its cryptocurrency support...

Is It Possible for Bitcoin to Replace Government-backed Fiat Currencies?


We are currently witnessing an age of unusual things and revolutions, where people talk to computers and software more than they do with humans, where skyscrapers are becoming more common than green patches, and where fights against government suppression have reached new heights. In such times...

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