bitcoin futures

Bakkt in Discussions to Offer Cash-Settled Bitcoin Futures in Singapore

Bitcoin futures market Bakkt intends to expand from its current physically-settled offerings to cash-settled futures before 2020. Bakkt COO Adam White announced Tuesday during CoinDesk’s Invest: NYC conference that the Intercontinental Exchange (ICE) subsidiary is working on adding the product. “We have the intention of offering a cash-settled contract as well,” White said. According to …

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Bakkt Rolls Out ‘Critical’ Bitcoin Custody After NY Gives Green Light

Institutional Bitcoin (BTC) trading platform Bakkt has announced it has launched its custody feature for its entire client base following regulatory approval. Bakkt: custody is “critical link” in BTC adoption In a blog post on Nov. 11, Bakkt said it had received the go-ahead from the New York Department of Financial Services (NYDFS) to offer …

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Bakkt Bitcoin Futures Trading Volume Just Hit Another All-Time High

Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, with 1,741 futures traded on Nov. 9. Bakkt announced the new record, stating:  “Today we set a new daily record of 1,756 Bakkt Bitcoin Futures contracts traded.” Volume spike coincides with Bitcoin price dip Twitter account dedicated to Bakkt …

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Deribit to Pay Users $1.3M After Bitcoin Price ‘Flash Crash’ to $7.7K

Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation. In a tweet on Nov. 1, Deribit recognized its role in the error, which occurred on Thursday and resulted in Bitcoin (BTC) trading at around $7,700. Deribit: crash caused by “outlier” value This, …

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Bitcoin Needs ‘Real Use Cases’ to Become Digital Gold, Says ICE Chief

Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, Intercontinental Exchange’s chief executive said. During a quarterly earnings call Thursday, ICE head Jeffrey Sprecher said that he sees use in transactions as the prerequisite to bitcoin becoming a long-term store of value. The company’s Bakkt subsidiary, which runs a …

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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

</header> <strong>Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in …

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Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes

<header class=”article__header”> </header> <strong>On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt CEO Kelly …

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Bitcoin Futures: Institutional Long Positions Value Doubled In October

One class of investors has more than doubled the value of the long positions it holds in Bitcoin (BTC) futures contracts this month.  Institutions settle in for the long term According to fresh data from analyst Skew Markets on Oct. 22, the value of institutional investors’ long positions went from below 500 BTC ($4.11 million) …

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Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M

Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows.  Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s senior market strategist Mati Greenspan on Oct. 15 revealed cryptocurrency markets had all but bottomed out in terms of activity. From …

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Bitcoin Price ‘Manipulated’ Before Futures Settlement Dates: Research

New research this week has added to suspicions that futures settlement dates end up manipulating the Bitcoin (BTC) price. Bitcoin drops 75% of the time before futures expire According to findings from Arcane Research reported by Norwegian crypto news outlet Kryptografen on Sept. 24, CME Group’s Bitcoin futures settlement dates, in particular, appear to negatively …

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