Bakkt

Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises

</header> <strong>The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week, the firm’s bitcoin options volume more than doubled with …

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Crypto Winter to Spring: Key Factors That Brought Bitcoin Back to Life

During the first couple of months of 2019, the price of Bitcoin (BTC) stayed put under the $4,000 mark, thereby solidifying fears that the market was indeed in the midst of a long crypto winter. Not only that, but all through 2018, this space witnessed the simultaneous collapse of around 2,000 cryptocurrencies — which lost …

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Crypto Employment Abounds With More Than 8,000 Jobs in 2020

</header> <strong>During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018. A year later, and digital currency companies are hiring.</strong> Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules …

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Market Outlook: Bullish Trend Sends Crypto Prices Northwards

</header> <strong>Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%.</strong> Also read: Close to 11 Million BTC Haven’t Moved …

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Institutional and Retail Bitcoin Futures Demand Continues to Climb

</header> <strong>2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures …

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Travis Kling on Bitcoin as a Safe Haven Asset

The conversation about whether bitcoin is a safe haven asset continues in the wake of Iranian missile strikes, which saw the price of BTC both surge and retrace in parallel with crude and gold. To help explain what’s going on, we feature comments from Ikigai Asset Management’s Travis Kling.  Also in today’s episode, we look …

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Bitcoin’s Next Decade Will Be Shaped by Derivatives

</header> <strong>The last five years have been a test phase for bitcoin derivatives, which began tentatively when Bitmex eased into life in 2014. Now, as the cryptoconomy prepares to enter a new decade, derivatives products will play a pivotal role in price discovery. 2020 will be a big year for bitcoin and for the futures …

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Did 2019 Deliver on All That Was Promised for the Crypto Industry?

Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments: Adoption missing? Where are the giant …

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US Bitcoin Derivatives Market, Highlights of 2019

The United States Bitcoin (BTC) derivatives market witnessed a slew of developments in 2019 as “old players” set trading volume records and “new players” introduced novel market products. After months of regulatory maneuvering, Bakkt finally launched and has gone on to post record Bitcoin futures trading volumes. Several platforms have also obtained Swap Execution Facility licenses from the …

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Wall St. to Washington: Bakkt Launches New Products, CEO Joins Senate

Earlier this week, institutional Bitcoin (BTC) futures platform Bakkt launched two new financial products: the first United States-regulated BTC options and cash-settled futures. The announcement came just three months after the project went live with its physically delivered futures, following a series of delays. Meanwhile, the platform’s CEO, Kelly Loeffler, is reportedly going to replace …

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