Bakkt COO Opens Door to Retail Investors in Newly Launched Bitcoin Futures

Well, that was a bit anticlimactic. After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading. When the session closed at 22:00 UTC Monday, only two daily futures contracts and 71 monthly futures contracts had traded on the new platform, […]

Continue Reading

Bakkt Taps Former IBM and Cisco Exec Tom Noonan to Chair Its Board

Bakkt has tapped a former Cisco and IBM executive to lead its board of directors, according to an announcement Friday. Chairing Bakkt’s board will be Tom Noonan, described as “a cyber expert” and the founder of Internet Security Systems (which IBM acquired in 2006), JouleX (which Cisco acquired in 2013) and Endgame. He will be […]

Continue Reading

Why This Trader Sees Bitcoin Revisiting $3,500 Level Before a Proper Rally

After achieving $4,097 in global average price according to data provided by Coinmarketcap.com, the bitcoin price has retraced to $4,027 and below the $4,000 mark in some major markets. As bitcoin fell by just over 1 percent against the U.S. dollar, the valuation of the crypto market declined from nearly $142 billion to $139 billion […]

Continue Reading

Launch of Bakkt Bitcoin Futures Market May Get Postponed Again

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is likely to delay the launch of Bakkt, its bitcoin futures trading and custody platform, a second time, CoinDesk has learned. The company last set Jan. 24 as the launch date. However, ICE has yet to receive the necessary approvals from the U.S. Commodity […]

Continue Reading