As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt. Bakkt’s app will host a bevy of assets, such…
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There were signs in 2019 that large institutions are moving closer to embracing cryptocurrency and blockchain technologies. Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the…
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Little more than a month after their launch, Bitcoin options contracts on ICE’s digital asset platform Bakkt appear to have seen sluggish uptake. Little more than a month after their launch, Bitcoin (BTC) options contracts on the Intercontinental Exchange’s digital asset platform Bakkt appear to have seen sluggish uptake. The latest available reports for the…
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The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, and ethics watchdogs are on guard. The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, with ethics watchdogs on guard. Senator files extension Loeffler filed an extension that would give her until May 5 to submit…
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The World Economic Forum 2020 tackled many of the regulatory issues currently plaguing the global crypto sector. Last week saw a whole host of world leaders — including United States President Donald Trump and Prince Charles of Wales, along with a number of other prominent dignitaries — come together to attend the 2020 iteration of…
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CME’s recent launch of BTC options on futures is already generating significant volume, but will it have any effect on Bitcoin’s price? CME Group launched new Bitcoin options on Jan. 14, which was revealed by the company’s global head of equity products Tim McCourt. The introduction of crypto options by a derivatives heavyweight in CME…
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Let’s take a look at some of the key factors that helped spur the growth of the crypto market in 2019. 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…
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A warm reception greets the industry’s latest Bitcoin options rollout as reported volumes elsewhere also deliver surprises. Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 million on the product’s first day of public trading, the company has confirmed. Data from CME’s official website confirmed the successful rollout on Jan. 13,…
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Former Bakkt CEO and Georgia’s new Senator Kelly Loeffler will help oversee major financial regulator responsible for commodities trading — including BTC. Former Bakkt CEO and Georgia’s new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC). Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman…
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Kelly Loeffler, former CEO at the ICE-backed cryptocurrency trading platform Bakkt, has been sworn into the United States Senate. Kelly Loeffler, former CEO at the Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, has been sworn into the United States Senate. In a Jan. 6 tweet, Loeffler announced that she was sworn into the U.S. Senate…
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