Bakkt Plans to Widen Its Services with Consumer App
Bakkt is working on developing an app, allegedly dubbed Bakkt Pay, to let consumers use digital assets when purchasing goods from merchants. They also might add support more than just Bitcoin.
Will Bakkt’s Bitcoin Options Change the Cryptocurrency Industry?
Since Bakkt has launched its physically settled Bitcoin futures platform, it has opened new landscapes for investors. What will BTC options change?
Bakkt Set to Beat CME in Bitcoin Options Race as BTC Futures Volume Explodes 800%
After Bitcoin futures on the ICE Bakkt platform surged by almost 800% in a day, reports emerged that it is seeking to jump ahead of the CME group to release a Bitcoin options contract.
Galaxy Digital and XBTO Making First Block Trade of Bakkt Bitcoin Futures
Intercontinental Exchange has completed the first block trade of Bakkt Bitcoin futures contracts which was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO.
It is Too Early to Consider Bakkt a Flop, Wall Street Analyst Says
Bakkt platform was finally launched in September 2019 only to be greeted by a very lukewarm response from investors but analysts from Oppenheimer & Co think that it is too early to write it off.
First Week Performance of Bakkt’s Bitcoin Futures Remains Disappointing
Bakkt’s entry into the crypto space remains disappointing so far in the first week of its Bitcoin Futures launch. Bakkt’s performance has also resulted in the Bitcoin price crash last week, according to some experts.
Bakkt’s Launch Caused Bitcoin Price Loss, Says JPMorgan Analysts
By
Tolu Ajiboye
Analysts from JPMorgan have suggested that Bakkt is largely the reason why Bitcoin price fell below $8,000 last week. Even though activity has picked up a bit, the market is still a little discouraged.
Bitcoin Price Tanks Below $8000 in Another Market Bloodbath
Bitcoin price fails to hold the $8000 level support and slips below as the mounting selling pressure hint towards further downside ahead in the short term.
Bitcoin Keeps Bleeding and Drops Below $8,000, Further Losses Possible
Bitcoin price has dropped below the $8,000 and analysts believe that the $7,500 zone is now vulnerable but the cause for this abrupt and sharp drop is yet to be determined conclusively.
Bitcoin Price Slips Further Below $8000, CME Bitcoin Futures Manipulation Suspected
Arcane Research has found a systematic pattern of shorting just before the CME Bitcoin Futures settlement every month, since January 2018. Thus, the speculations of manipulation are being weighed-in.
Bitcoin Price Could Test $7,500 Support, Are Institutional Investors Behind this Plunge?
Reports show some evidence, though not conclusive, that institutional investors may have played a role in the recent Bitcoin price drop with many expecting it to test the $7,500 support before recovering.
Plummeted Bitcoin Hash Rate: Coincidence or Conspiration?
Bitcoin’s hash rate has tumbled about 40% on September 23, which is a record. The crash remains unexplained and surprising, given that the hash rate used to move upwards and update the record high again and again.
Bitcoin Price Sinks $1000 in Flash Crash Slipping Below $8500, Who Is to Blame?
Bitcoin sees a massive 15% price drop in a flash crash on Tuesday, as the world’s largest cryptocurrency slips below $8500. Analysts point at the waning institutional interest and slow launch of Bakkt.
Bitcoin and Altcoins Lose Steam as Bakkt Records Poor Start Amidst Today’s Crypto Congress Hearing
By
Tolu Ajiboye
After Bakkt officially launched its futures contract offering yesterday, the market seemed to lose some weight, disappointing general expectations. The market is also anxious about today’s Congress hearing.
Bakkt Bitcoin Futures Gets Mild-Response on Day 1, BTC Price Drops Below $9800
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.