Bakkt Bitcoin Futures traded 73 contracts on the first day while getting a lukewarm response from the market. Experts said that Bakkt futures would see an incremental demand going ahead.
Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission.
The board of Overstock.com has appointed Jonathan Johnson as the company’s CEO. He had been serving as interim CEO since company founder Patrick Byrne stepped down last month.
Cisco Systems Inc. announced that SingularityNET’s blockchain-based platform will host its decentralized AGI project focused on intellectual tasks instead of automating menial tasks.
PBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it.
The SIX’s prototype platform will run test cases to demonstrate the potential of SDX’s trading model, as well as settlement on DLT.
Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs in 37 states across America. It also plans to offer commission-free trading from November 1st, 2019.
Recently Google has made claims that they have reached Quantum Supremacy. It is a well known fact that Google has been working on a quantum super computer which they unveiled in March 2018.
With Bakkt trading 29 Bitcoin Futures contracts as of writing, experts say that Bakkt will see a gradual scale-up and incremental demand due to its nature of physical delivery.
Popular cryptocurrency evangelist and author William Mougayar recently gave a twitter price prediction of $25,000 for Bitcoin and $1,000 for Ethereum by the end of 2019. Is he to be taken seriously?
Facebook has acquired ServiceFriend which is a startup that builds bots. Experts are speculating that this is for the new Calibra wallet support service, however, Facebook hasn’t yet approved this news.
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
Facebook has finally released the full list of the fiat currencies which will back Libra. While it may not come as much of a surprise, what remains yet to be seen is how France and Germany will be encouraged to accept Libra.
While more than 30 major economies around the world have announced interest rate cuts this year, it seems that Bitcoin, as well as other major cryptocurrencies, set to prosper.
Bakkt’s Bitcoin Futures contracts are available in two options ‘Daily and Monthly contracts’ will settlements taking place in physical Bitcoin tokens.