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Bitcoin Loses Big in One Day; Falls to $9600


Bitcoin loses 2.68% to reach 9600 USD overnight. The next support for BTC may come at 9496 USD. Bitcoin (BTC) has taken a drastic move over the last 24 hours and with an overall fall of 2.68%, it is now down to 9681 USD. It has shown five huge price swings in this period with … The post...

Bakkt Trades 71 BTC Futures Contracts in 24h, Bitcoin Unsteady Below USD 9.8k


Bakkt’s much-anticipated Bitcoin futures contracts offerings saw just 71 contracts taken out in its first 24 hours of trading, while Bitcoin and most major altcoins are recovering slowly after market price drops. The market appears to have been shaken after BTC fell below the key USD 10,000 mark...

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...

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