The crypto community eagerly awaits the launch of the BAKKT Bitcoin Futures, as it could pump institutional money into the markets. Whether it is sufficient for a reversal of the bear market is questionable. The role of the latest announcement by BAKKT CEO Kelly Loeffler is not yet in sight.…
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It goes without saying that bears weren’t kind to the crypto industry in 2018. The aggregate value of all cryptocurrencies fell like a “falling knife,” as retail investors pulled out of this market en-masse and hype dissipated. Yet, even amid this devastating downturn, which beat this market to hell and…
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Bakkt, a cryptographic asset platform backed by the ICE (Intercontinental Exchange) which also owns the New York Stock Exchange (NYSE), has raised its first round of financing led by Hong Kong billionaire Li Ka-shing. They managed to raise $ 182.5 million as their Series A financing round of experienced investors,…
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Bakkt, a Bitcoin futures exchange operated by ICE, the parent company of the New York Stock Exchange (NYSE), is close to receiving the green light from the US government. Bakkt has been working with the Commission for Trade in Goods and Futures (CFTC) to approve its business plan, which revolves…
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