New research from PrimeXBT shows the potential impact that Bakkt will have on the crypto market and if it can help cause Bitcoin to reach the price projections that the crypto community hopes for.
The Chicago Mercantile Exchange (CME), the world’s largest options and futures exchange, announced today that its thriving Bitcoin futures contracts will include options as early as 2020.
Bitcoin price has climbed back above $10,000, just days before Bakkt officially launches. Could back be the long-awaited Bitcoin savior? Will we see another all-time high before 2019 is over?
With a sense of urgency, the US Congress has set Sept. 24 as a day to thrash out issues relating to cryptocurrency together with the leadership of the SEC, which comes just a day after Bakkt launch.
Ripple has recently moved to court making strong counter-allegations on one of the plaintiffs claiming XRP is a security. The company has filed a motion to dismiss the plaintiff’s claims.
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
Recently China’s Research Institute on Digital Currencies changed its director to Changchuan Mu, who elaborates on the idea of the upcoming PBoC’s digital currency and regulation of Facebook’s Libra.
SEC Chairman Jay Clayton said that it will take a while before there is proper regulation for Bitcoin and other cryptocurrencies, and that has to happen before major exchanges can begin to list them.
Coinbase announced that it plans a possible addition of 17 new cryptos to its platform including Telegram provided that the assets meet set technical standards and comply with applicable laws.
Mike Novogratz said that despite Telegram approached him for the TON’s private token sale participation, he refused them multiple time due to his early skepticism about the project.