Bakkt Bitcoin Futures to Start Trading in December

Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Date Set for Bakkt Bitcoin Futures Intercontinental Exchange…

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3 Steps Bakkt Will Take to Become a 'Regulated Institution,' According to CEO

The CEO of Bakkt shed some light on the steps it will take to differentiate itself on the market and become a regulated financial institution. Physically Delivered Bitcoin Via Regulated Infrastructure In a blog post of September 18, Kelly Loeffler, CEO at Bakkt, revealed the project’s intended steps to address the “unique requirements of regulated institutions,…

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A Thin Ice Market — Altcoins Bleed Out

On Monday morning, the cryptocurrency market awoke to a horrific sight, with the market reestablishing new year-to-date lows amidst an altcoin ‘cliff dive’. Bitcoin May Have Sprained Its ‘Ankle’, But Altcoins Have Broken Some ‘Bones’ The cryptocurrency market remains on thin ice, as Bitcoin teeters above the ever so important level of support at $5,800,…

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[UPDATED] Bakkt Digital Asset Platform: Starbucks Hopes You’ll Like Coffee With ICE

The parent company of the New York Stock Exchange has announced a partnership with Microsoft and Starbucks to create a “global ecosystem for digital assets.” UPDATED | August 6, 2018: Some news outlets misinterpreted the Friday announcement, stating that the partnership between Starbucks and the Intercontinental Exchange meant that Starbucks would be accepting cryptocurrency as…

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Starbucks Partners with NYSE Owner To Build 'Global' Digital Asset Platform

New York Stock Exchange operator Intercontinental Exchange (ICE) has revealed it plans to launch a global digital asset platform in November as a “scalable on-ramp” for investors. ICE To Build ‘Scalable On-Ramp’ In a press release August 3, ICE, which signaled its intention to launch physical Bitcoin futures in May, will debut them alongside the…

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ICE FX Volumes Rebound in June, But Down YoY

As ups and down on foreign exchange markets intensified in volatile trade in recent weeks, exchange operators also continue to reap some benefits. Intercontinental Exchange (NYSE:ICE) today disclosed mixed metrics across its FX and credit volumes, which averaged 34,000 contracts per day. The figure reflected a 10.0 percent increase month-over-month from just 31,000 contracts in…

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