Goldman Sachs Group Inc. doesn’t seem to be any closer to offering one the key services sought by clients still intrigued by cryptocurrencies amid this year’s collapse in digital-asset prices.
New York Stock Exchange chairman and Intercontinental Exchange CEO Jeffrey Sprecher expressed optimism about the future of cryptos and said that they will definitely survive.
At this time Nasdaq awaits a green flag of regulatory approval from CFTC to proceed ahead with the launch.
Here a look into where the Bitcoin Futures have reached so far and how far they have performed vis-a-vis the expectations created.
Pending the regulatory approval from CFTC, the physically-settled Bitcoin futures on Bakkt is expected to go live on 12th of December.
Despite some controversial regulatory issues, volumes of Bitcoin futures trading continued to experience steady growth in Q3.
Since the unfortunate shut down 1Broker’s laweys have granted the company permission to restore a read-only version of its website that will allow investors to finally ensure that their funds are safe.
Bakkt CEO said that the physically-settled Bitcoin futures contracts would be completely pre-funded while the facility of margin trading won’t be provided.
Cryptocurrency market shows good recovery after the closure of the Bitcoin Futures market, with Bitcoin and altcoins gaining 10-15%.
Bakkt aims to develop an integrated platform with a seamless global network to enable crypto enthusiasts operate their digital spendings easily.